As you can see for the past 9 years 30 year US government bonds was in positive correlation with S&P. The correlation is not 1:1 but about 80% of the times they move together. Two incidents where they were separated was March 2020 Covid event and the subsequent bull run. Even during most of the massive bull run they moved together but a drop in 30 year yields...
Given the volume and skepticism among institutional money I'll wait a bit more until mid march/april. Not an investment advice.
This is not a crypto analysis , I have more holdings in stock market than in crypto so that's what I care about. But the curious case here is the situation in BTC long contracts. It's at a historical high , so high that the indicators at the bottom have no place to go anymore and they are all signaling a downturn in these long contracts. SO why does this...
This is also for my own record. If 200 Week MA doesnt hold a 30 year trend line should.
This is the level that 90 years of of the middle trend line passes. It's also 200 Week MA and 50Month MA. I hope FED will take some steps at the point and start some hidden easing.
Hundred year old trend of Dow Jones 30.000 must hold,, at least for a bit...
$ISWH We had a nice momentum for the past two weeks and an expected mild correction happened on Friday and Today(Monday). As we're nearing to the Disrupt cryptomining conference in Miami they will probably make news announcements this week. #OTC #OTCMarkets #Pennystocks So if we assume the momentum will continue the next resistance will be around 0.74-0.75 I'm...
As I've pointed out in my previous analysis we formed a clear H&S at this level. There's almost no Bullish action, volume is low so we're going down to 31400 area if there's no miracle news or smtng.
I've been following hourly and 4 hour closes for the last couple of days. There's always some non-organic action happening nearing those as if they are trying to form fake patterns to trap people. This can also be seen in volume action where volume and price increases are usually divergent. So I'm thinking that the retail is just being cautious and waiting,...
As of now the price came really close to 200MA, it also coincides with the high volume trade area thus a strong resistance. When you look at the bottom indicators Stoch, MFI is at overbought levels and RSI is close to overbought. We also have an MACD divergence appeared here. I'm thinking it will send a needle to 200MA and then any sell of from there will break...
Raydium a very promising new Swap, Exchange, Stake Defi platform under Solana. The token Ray is not being traded on major exchanges yet except FTX. So expect some major exchange announcements soon for this rising star. Any leap will put us at 19.5 first. Current marketcap is around 500 million usd and I expect it to reach over 2 billion in a couple of months. That...
Current $BTC price is over-extended and waiting for a correction/reversal really strongly. I'm showing this in 4 hour chart but you can find the same candle patterns(hanging man) in 6, 8 and 12 hour time frames as well. But at 4 hour chart we have 2 hanging man candles followed by a shooting star, now all you have to do is to check if the next candle is going to...
$BZRX broke the major resistance and turned it into a major support. It's also respecting the diagonal trendline and creating a squeeze and Bull Flag formation on top. Given that we already have a major cup formation a break through here might push this coin back up to 1.6 and beyond
Cake is solid and on the way to new higher highs
Sonasoft corp was first discovered by retail traders in January and since then it's been rising steadily. Current bear market brought it down about 40% since recent high at 0.40 but we know that this is a temporary dip. As the market gets back on its feet SSFT will continue on a similar path that I've drawn on the chart. Sonasoft was not really aware of this...
Reef is primed for a delayed run after the market. First target at 0.047 Second Traget at previous high 0.056 6 divergences appeared at 6 hours chart and it has touched 100 day MA at this level. Buying will increase with London and NY open.
After fibo 61.8% retrace LI tested the upper side of the ascending channel and retrecaed back to fibo 50%. This area is acting as an important support and yesterday' formed a Bullish engulfing candle. If we close in green today the engulfing will vallidate and it will either test the next fibo at $40 or the upper channel. If it cant break that expect a correction...
This silicon valley company is finally ready to soar. After 2 years of preliminary work for AI tech along with 3 acquisitions they are ready to monetize their Flagship product NuGene AI. Movement in the stock started after new years and since then it's rising ona steady path. Daily volume is increased lately but still low even for a penny stock. Higher volume...