We have to break the channel, but how? For the time being, I see three scenarios playing out. 1. Black line continues in the channel, before deciding which way to breakout. 2. Red line violates the trend channel, hard up and hard down. 3. Green line violates the trend channel, hard down and up. I still believe we are in a bull market, but we need momentum to...
There’s a clear negative correlation here, but what I want to emphasize is that when USDT dominance drops to around 1.5-3%, we should be cautious. This indicates a full risk-on environment, which can signal potential trouble ahead.
High U.S. Yields vs. Alternative stocks such as NASDAQ:TSLA #Tesla OMXCOP:VWS #Vestas OMXCOP:ORSTED #Ørsted OMXSTO:PCELL #Powercell. Thesis is yields down, alternatives up.
Bitcoin has been on an upwards slop, and crossed the long trading range, that lasted from April 2023 - Oct. 2023. The breakout was contributed with the long awaited ETF Approval. But who goes first? Blackrock or all ?. Eitherway it has contributed to increase interest. Bitcoin currently trading at $37.5 today. TA shows an ascending pattern, and least resistance...
The fall is knocking on the door, which is also an interesting period for Risk On Assets. What has happened so far? During June 2023, The Federal Reserve decided to Pause a historical Fed Funds Interest Rate Hiking period. Risk On assets Bitcoin and Stocks performed fairly well in that period, And the Dollar fell in the same period. By the end of July and two...
Bitcoin Monthly MA 10 & MA 20 is about cross. While it will take some time for it to digest, a MA Cross at the monthly level would change the trend.
Dollar YEN Trade seems to be trading at resistance, looks like Yen is gaining strenght, but it is going through some confluence here. Both long and short trades are in fact present. If you use the MA 50/200 inverse, it looks like we are here to get liquidity to continue for a short. Invalidation two both sides happens when we go through resistance or support for...
Part 1. Bitcoin Halving period cuts Bitcoin Mining Reward in halv, in april 2024 it will go from 6.25 to 3.125. Each time right after the halving period it has increased with an insane % (Numbers go up) However, for each halving Bitcoin % have gone down with an average of 70-74% Part 2. We have had two halving bottom to bottom and after a decline of 74% the...
Vestas Green Energy have had a beating the last couple of years, bottom seems to be in. Now some consolidation after a strong move, If it goes through the upper channel I have set my target.
AliBaba made a an ATH in 2020 at HKEX:320 , since then it has been in an bear trend. Meanwhile some confluence is underway, an inverse head and shoulders pattern seems to be forming, however Price has not broken above the neckline. PRICE sits right above the trendline as RETEST AND BELOW RESISTANCE.
Hemnet the Swedish Property Platform for Adds had its IPO during the pandemic had a downtrend market since IPO. However looks like the trend is starting to break to the upside, some resistance areas needs at 172 Sek to confirm its uptrend.
Bitcoin continues to recover, price has stabilized, however the divergence between Tether Dominance looks very clear. Further drop here, would push #BTC price up. & Vice Versa.
Bitcoin Price is at the bottom and somewhat continues to recover. Bitcoin Addresses are close to previous ATH. Tether Dominance at ATH. The divergence between them is that, Active Addresses picks up, but Tether Dom. needs to come down. Bitcoin needs the last catalyst to make a run for the Tether Dom to come down and people start Speculating / Investing.
BTC Actives Addresses continue to go up (Sending and Receiving) The Addresses are near 2018 high and continues to go up on a monthly basis. The period from 2014-Now shows that Active addresses takes a dip, recovers over 1-3 years, and prices evt. picks up. What is interesting is that Active addresses are at the same high as 2017 Bull Run. 2021. Bull Run....
This would be a Cup and handle type of pattern than has the potential to happen. We have seen this with #Gold on a very large time frame. Just giving this a bullish take. (We have a long way to go)
We clearly saw a rise in inflation, Interest R. and consumer stables products, Clearly a divergence Blue Line/ $XLP. All Major index and #Bitcoin took a hit to the downside. Grocery prices are still elevated, but given the latest Info from the #Fed could this be time for Risk On?
#Bitcoin close to the MA 200. This time any different?
Bitcoin has broke to the downside, what looks like a capitulation. However the heikin ashi pattern and 10MA & 20MA cross indicator are making a reversal change.