so Vix has reached that area of retest - but it may still go for that lower trendline before going up - in other terms - consolidation, possibly for a few more weeks until a real breakout appears.
Believe it or not - The Stocks volatility index (VIX) has it's own Volatility index (VVIX) - and if we compare the two, it looks like VVIX has touched onceagain bottom trendline - how did that reflect on VIX? VIX bottoming was always delayed for 9 to 100+ days after VVIX bottomed. What to expect ? That in an average range of 40+ days VIX should bottom and start...
So Total Market Cap is at ceiling with exhausted parameters and volatility has turned blue. In my indicator, volatility going blue means it has crossed back into an area of "beginning to get volatile". If that happens at highs - it means volatility kicks in to start going down. And that's what I expect.
BTC touched ceiling and now is losing again it - a touch of 19700 area should be the least we see here - question is if it will bounce from there or cross it. If it bounces - Expecting $22k-$23k. If not - next levels to watch are 18600 and 17700.
Another update on this one - so far moving just as planned - not expecting to outperforms stocks which would make no sense at all - Therefore crypto should soon start going down.
DXY moving just as planned - soon will touch roof and we will need to check VIX and stocks to see what happens theres - but it is likely for DXY to range until mid Dec - New Year (red trajectory). Expecting a breakout to the upside afterwards.
This rally was as premature as my will for a first date. Driven by imagination and stopped by facts. I'm still expecting SPX to move within that white trajectory or around it for the time given.
What Do I see here ?! The Double Top Neck didn't get retested (red circle) Ladies and gentlemen.... this means only one thing - if a retest hasn't appeared yet, it is more than likely to reverse the other way in the near future - and that is no surprise to me. So far VIX has been following my lines - and I expect nothing else for the next months. We are now at...
Publishing this out there so you have a hint on how +/- the price will evolve. You can project the 4h movement onto the upcoming months on the Daily timeframe - after this week ends ofcourse. Good luck !
... This is the easiest analysis you will see, but doesn't have to be complicated as long as it works. When you turn candles into lines - you get rid of noise done by wicks - and focus on the close. When you do this on BTC - local bottom @ $14k. Bounce from there
Now you know why Alts have bounced - some big time, some just a bit. And why they are retracing now - We approach a compression area and these kind of curves as we see on ETH/BTC right now - tend to break to the downside - therefore a strong correction and big inflow to BTC should happen. I was bearish on BTC Dominance - but after having more alt context and...
I'm just the messenger. SPX - orange Unemployment Rate - Blue Indicator - Moving Average out of Unemployment Rate This isn't a rule, as many sectors influence the market, but big crashes have been paired with a growing Unemployment rate. Here we can see that it bottomed and is consolidating - which proofs a strong economy and no need to crash - this suggests the...
Just a simple reminder that this fractal is still playing out 1:1 - Volatility is coming, either up (detach) or down (final crash), but it is coming.
Okay can someone explain this to me ? I guess not, Because I know that this can't be explained - and worst is - mathematicians have proofs of life being a "thing" made out of fractals - literally everywhere and between everything. Well, back to markets - here We can See the Daily chart BTC fractal on the 1h timeframe of BTC - and also on the 1h timeframe of VIX...
It is scary how this is playing out - So far 1:1 and let's keep watching. Blow-off top or Blow-off bottom ?
Normally I don't post Altcoins ideas here, but Here is a special one. I think everything marked on the chart speaks for itself . Treat it as a hint, not financial advice.
Curve channels are dangerous - watchout ! You may hurt yourself ! But once you get to know them - You see they are even stronger indicators than trendlines. Can I go a bit poetic here and say that hOOmans aren't linear but are more fluid, curvy, complicated? Well, PA reflects sentiment, so all of this would make sense. Long story short - I expect marketcap to...
What a Surprise !! Not really. These kind of movements tend to do so. HTF looks pretty bearish for Bitcoin dominance, from a fundamental side it is possible to see retail and minor sharks going into alts in order to profit quickly which would drag the attention from BTC - But at some point it will spike when nobody's aware. So bearish for now but would have my...