MinimalFiat

MinimalFiat

Not liking this chart at all.. I thought I saw a rising wedge on the correctly orientated chart, I flipped it and I see this as confirmation of lower prices to come.. We are grinding up in a rising wedge with lowering volume which has me concerned. Still NET Long however. Not selling and will only buy more if we do come to lower prices.. Does this coincide with...

MinimalFiat

I am quite bullish on BTC right now.. Might deploy some capital here.. Grinding up slowly after the halving, every attempted dump so far has been bought back up and now we are showing no weakness to the downside. Indices across the world are starting to look bearish, is this where we see a decoupling of bitcoin and legacy markets? -- MNLZ

MinimalFiat

Possible head and shoulders forming on the Dow.. Looking very interesting at the moment. Are we due for the next leg down to revisit the lows? Scalping the US30 has been profitable last few weeks.. Continuing to monitor this index moving forward.. Also, Bitcoin halving? Let's go.. -- MNLZ

MinimalFiat

Really loving this look right now.. Big bullish divergence on the daily time frame.. I truly believe in the technology that Ethereum has brought into the world.. However.. I do not like how we are approaching a long-term support and resistance zone.. I also do not feel comfortable with the volume.. I have a long-term holding position in Ethereum however if we...

MinimalFiat

Hi All, I am intently watching the AUDJPY pair as we continue to coil up in this symmetrical triangle. This triangle is forming after a nice bullish divergence on the 1hr timeframe. Keep an eye on this pair as we enter the final stages of what looks like a bullish continuation pattern.. However, Australia have just announced a $130B stimulus package for business...

MinimalFiat

Do we continue the bear market this week? Or do we rebound? I can see us dropping to new lows however in this current market anything is possible. My short is currently in a nice profit.. Using a trailing stop loss strategy with this one. We will have to see what the Australian Government can deliver on a stimulus front, money printing is only delaying the...

MinimalFiat

I see a nice rising wedge with bearish divergence (RSI) on the 1 hour timeframe. My short position is sitting at a break to the downside. This comes at a time of mass fear in the global economy, people are rushing to the USD but now they have announced "infinite QE" and a 2 trillion dollar stimulus package, how long do we think USD will stay as a safe haven? I...

MinimalFiat

I see bearish divergence and a rising wedge in front of me right now. I am waiting for a 0.618 retrace to put my capital to work for the next year. QE to Infiniteeeeeeee