FundiFinance

FundiFinance

Multi decade view of the DXY, interesting technical, marking major resistances and supports

FundiFinance

Clear rejection from difficult area of resistance playing into a head shoulders

FundiFinance

Seen this forming last week starting to look promising, updating on my last post.

FundiFinance

BTC rejection from failed to break resistance in the mid 31k region setting a headline in possible head and shoulders pattern for the Asset. Be looking for a second shoulder to be set before a dive to retest 24k-25k region a break of that could see the asset dive back to 20K

FundiFinance Updated 

This chart is multi-decade going back to the 70's the DXY hast seen such bullish since the lead up to to black Thursday crash in the 80's, the DXY passed a multi-decade resistance that dates back to September 8th 1975 , around May 9th 2022 and could in recent days be confirming this multi-decade resistance as support. I feel we bounce from this line following the...

FundiFinance

BTC continues to confirm the bearish trend that started with a head and shoulders in January 2022 we now have confirmation of rejection to the 200-day exponential moving average, a rejection from the descending trend line from this cycle ATH and as we have warned for some time the downward momentum shows no sign of stopping any time soon. This cycle support is...

FundiFinance

S&P 500 confirms a bear cycle with a drop below the 200EMA and is further rejected from descending trendline for the 3rd time, indices show real weakness across the board as the stock market enters a prolonged bear cycle and market crash. The global economy is showing major RED FLAGS with numerous markets showing the warning signs of recession and economic slow down.

FundiFinance

NASDAQ confirms yet another rejection and moves below the 200 EMA entry for short here and the long game all the way down as the stock market confirms a bear cycle, and global markets continue to show the warning signs.

FundiFinance

Yet another rejection and lower high, confirmation of the end of this cycle and the start of the free fall, before the fall below the 200 EMA that will follow. The recent bear cycle rally is over and the realisation of the state of the global economy is just beginning. This is the biggest bubble of this century and we are about to put 2008 in the shadows with a...

FundiFinance

Not seen BTC in such a bad state for some time huge rejection from the 200 EMA and in freefall look out this cycles support 20k region looks set to break and I firmly believe the bottom is nowhere in yet possibly see a bottom between 10k and 15k over the next several months and into 2023. Time to be holding onto those dollars and waiting for a good price one much lower.

FundiFinance

looks like eth will follow below the 200 EMA next week unless we see a sharp rebound. I am personally hoarding the stables and waiting for a nice entry from here. Rejection from the mid Keltner channel has been huge and this smells like a bear market pump game over. Retest this cycle's bottom support and maybe go lower only thing that can save this a successful merge now.

FundiFinance

head shoulders with broken neckline not the way I wanted but time to adapt, it short time now for BTC. We will be looking for below 40k minimum and the possibilities to retest lower 30's.

FundiFinance Updated 

DXY looks set to confirm the bearish breakout from last week with a 3rd rejection from the declining trend line, we have seen the 3rd lower high and could be set to preform yet another lower low. On a longer macro view we also see the the DXY is also in a falling overall trend with lower highs since 2017 Its now surprise that BTC continues its negative...

FundiFinance

BTC confirms the bullish breakout from bearish descending wedge formation. In my eyes, BTC just confirmed support on the old resistance a very strong bullish move, confirming support on the resistance that kept BTC going down in recent sell-off and again putting a higher low on the support trend from the covid low. BTC has also hit the bottom Bollinger band on...

FundiFinance

BTC could be bottoming out of a huge ascending triangle formation on the MONTHLY time chart. This could be a good place too long with stop loss catching the bottom of the trend before the market price continues the pattern formation and makes way back to the top of the triangle with possible further gains of a bullish breakout. This would also confirm a likely...

FundiFinance

Great news for BTC as the DXY pulls a breakdown from a bearish top pennant. Fundi is speculating a short move on the DXY and increasing gains by going LONG on BTC. These 2 assets have shown a clear negative correlation relationship for some time and I don't expect it to stop now, this also could be very good for gold another inflation hedge, but still clearly...

FundiFinance

Fundi has reported numerous charts of the last few weeks into a possible reversal formation happening and BTC so far has followed route higher lows higher highs, I feel BTC is setting its next rising channel and third higher macro wave of the bull run. We will have to watch the coming days closely and please relook at our past BTC Technical Analysis to see our...

FundiFinance

A multi year view on the FTSE 100. For me global indices are looking at a very worrying stage, the worlds economy is looking at point of huge contraction as yet another financial crisis seems to be unveiling in the background, this time possibly starting in China with Evergrande default. Of course everything has been intensified from the covid pandemic which has...