RabishankarBiswal

RabishankarBiswal

The most important story of this Crypto cycle has been the relentless strength of CRYPTOCAP:BTC against other crypto. The index CRYPTOCAP:BTC.D which measures the dominance of BTC in the total Crypto market in terms of Market Cap hit its low in Dec 2021 when CRYPTOCAP:BTC.D hit a multi-year low of 39%. That means only 39% of the Total Market Crypto can be...

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Today we are dipping into the currency markets where we are plotting the FX:EURUSD and the TVC:DXY index in the same chart. Even if the TVC:DXY is making a local top @ 108 but the FX:EURUSD is not breaking below the 0.236 Fib retrenchment level. FX:EURUSD has shown great resilience every step of the way recently. This might indicate a local bottom on...

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After hitting an ATH NASDAQ:TSLA has lost the momentum. The NASDAQ:TSLA stock has lost the 50 Day SMA and the next stops are the 100-Day @ 330 $ and then the next stop is the 200-Day @ 280 $ . For all the Fib Retracement fans check out for the levels 0.786 @ 345 $ and 0.618 @ 293 $. In contrast S&P 500 and NASADAQ100 are making new ATH and holding on to the...

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Some say ‘there is no bull market without materials and industrials. Today we looked at a specialty chemicals and material company called Hawkins Inc. This stock is a great compounder and a huge momentum play. The stock has returned more than 500% to its investor. This small material cos., which works in the field of specialty chemicals and provides industrial...

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In the crypto world many analysts watch the Money supply called M2 closely to determine the direction of the market. During the last crypto cycle, the CRYPTOCAP:TOTAL2 index (Crypto Market Cap without CRYPTOCAP:BTC ) hit an ATH when the M2 hit 21.75 Tn $. Since then, the M2 Money Supply has been trending down which resulted in a major bear market in the Alt...

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After the tariff tantrum between US, Canda, Mexico and China during the weekend, we saw CRYPTOCAP:BTC again below 100K. But the weekly closure on the weekly chart in the CRYPTOCAP:BTC weekly chart is still not broken. So, the CRYPTOCAP:BTC bull run is still intact with short term hiccups. But the topic of the discussion is not the CRYPTOCAP:BTC price...

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All of us in crypto are used to looking at the BTC.D Chart (Bitcoin Dominance). With BTC.D stuck in a range between 57% and 60% we try to look at a new dominance chart which no one is talking about. Same as DeFI in TradFI we can look at one of the most famous Asset which is NASDAQ:NVDA vs its dominance in tech heavy NASDAQ index. Let’s call it ‘ NASDAQ:NVDA ...

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NASDAQ:SFM outperformed the Consumer Discretionary select sector SPDR fund $XLP. Sprout Farmers ( NASDAQ:SFM ) has been a great momentum stock within the consumer staples. It has outperformed all the stocks with the of the AMEX:XLP in the last 5 Year period. It has also outperformed other momentum ETFS like Technology sector ETF $XLK. In this Chart we plot SFM...

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The bellwether cybersecurity cos Crowdstrike had a very bad 2024 after the disastrous failed upgrade which caused major outages globally. Yesterday the stock closed at 408 $ which is at an ATH. Today in a week market it is still above the 20 Day SMA @ 362 $ and the 1.0 Fib retracement level @ 396 $. If these key support levels hold it is good idea to go long on...

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NASDAQ:NVDA had a very bad day today with more than 550 billion $ Market Cap destroyed. This is one of the worst days for NVDA since March 2020. The 200 Da SMA price was 122 $. NVDA closed @ 118 $. This makes it a daily close below the 200 Day SMA. There might be some more downside and sideways movement before it starts a bullish upward trend before its earnings...

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NYSE:CAVA , the Mediterranean themed Restaurant chain had a very successful 2024 IPO debut @ 40$. Then the stock went on to make a 52-week high of 170 $. Since then, the momentum of the stock has faded away and the price fell below 20-Day, 50-Day and 100-Day SMA. The stock bounced back from the 200 Day SMA of 108 $. This pattern is visible with most of the...

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Recent sell-off in AAPL has pushed the price below 20-Day, 50-Day and 100-Day and near to the 200 Day SMA which is at 216 $. If we look at the Upward channel for the APPL share price when the price fell below 200 Day SMA then it consolidates for a few weeks. With earnings next Thursday watch out for more volatility in the prices. If it closes below 216 then the...

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The Krane shares Luxury ETF was a novel idea to give investors the exposure to the Luxury sector. But with Chinese consumer weak sentiments and inflation in developed countries, the Luxury goods manufacturers had a bad couple of years. Recently the ETF has been breaking out of its 200 Day SMA. After all the 20-Day, 50-Day and 100-Day SMA spending significant...

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Today we revisit a trade from what we suggested on 19th of Jan 2025. At that time Russel 2000 was hovering 200 Day SMA. Now from the 200 Day Support the index is bouncing back as predicted. Now the 20 Day SMA is trying to regain leadership and should be above 50 Day SMA soon. In my opinion this Small Caps rally might have legs for a few more weeks.

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Today we are looking at a ratio chart from TradFi. We are plotting the ratio of Nasdaq100 vs S&P 500. Even if both charts observed separately tell us the same story. That we are in a bullish uptrend on the daily chart for the past 1 year. But the ratio chart clearly shows Nasdaq100 peaked out relative to S&P 500 on Aug 2024 just prior to the unravelling of Yen...

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Today we are looking at ratio charts. We plot the ratio of Total 2 Market Cap (Total Crypto Market Cap excluding BTC) to BTC Market CAP. This ratio chart is making new lower highs this BTC Halving cycle. There seems to be no bounce from the lows and Alt coin season seems to be elusive. As we move towards the end of the halving cycle there is very little time left...

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GLP1 Drug producers started 2024 with very strong momentum with Lilly touching nearly a market cap of 1T USD. But since then, the GLP1 manufactures have lost a lot of momentum. Novo Nordisk is at 52 weeks low as shown by the red line. Eli Lilly stock chart also showing bearish engulfing candle. The 20-Day, 50-Day and 100-Day are almost below the 200 Day SMA...

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Consumer staples vs SPY is at historical lows on the monthly chart. Last time it touched multi year low, then we saw a multi-year Bull market from 2000-2007. XLP had a fantastic bull run against the indexes like SPY and QQQs during the Great Financial Crisis (GFC) and reached ATH during 2009. Since then, the XLP has been bleeding against the S&P 500. It tried to...