#analysis#10YRUS#DXY#EURUSD#SP500#Bitcoin#EGLD
1/14 Hello everyone,
After Powell's speech yesterday, markets got jittery and started pulling back quite aggressive. But before getting into that I just want to remind you that I'm keeping a close eye on the 10YRUS.
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https://t.co/Pagc5AaKDY
#analysis#DXY#SP500#Bitcoin#TotalCap#EGLD
1/12 Hello everyone,
Starting with DXY who broke out of the ascending channel and confirmed the breakout on the 14th last week. After a double fakeout last week, the buyers managed to push it over the 100 mark.
#analysis#DXY#SP500#Bitcoin#EGLD
1/12 Hello everyone,
DXY still dominates the markets and to make it even better for the current bullish trend, the ECB (European Central Bank) left the rates unchanged today at 0%.
It's so sad that only about 3-4% of the global population is into #Bitcoin / crypto.
Last year J.Yellen called $BTC "extremely inefficient" now the narrative is completely different.
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Updated numbers below
There are many other smaller $EGLD related channels too and we are only just getting started
https://t.co/493JgRvDSQ
#update#analysis#Bitcoin
Although Bitcoin futures have some bullish momentum today, the BTC daily chart looks like its hanging "in air".
It's weekend, volumes are lower and I also spotted a potential bearish pennant on H1 with target 40,6k area.
#analysis#DXY#SP500#Bitcoin#ETH#EGLD
1/12 Hello everyone,
Helped by the recent FOMC Minutes, the DXY broke the macro resistance area at 99.3 and also closed daily above it. Contrary to most public opinion I'm still eyeing the lower band of this uptrend channel.
#analysis#DXY#SP500#Bitcoin#ETH#EGLD
1/12 Hello everyone,
The monthly close came yesterday with a lot of volatility in the markets. After a strong rejection from the monthly resistance at 99.3, DXY retested the 97.7 macro support area.
#analysis#DXY#SP500#ETH#Bitcoin#EGLD
1/11 Hello everyone,
DXY was the liar of the macro assets in the last 2 days. After rallying from 97.7 and breaking the downtrend line, it got rejected again from the 99.3 area, showing that the market doesn't want higher prices.
#analysis#DXY#SP500#ETH#Bitcoin#EGLD
1/12 Hello everyone,
Waited longer today because DXY had a field day and tested again the highs at the 99,3 area. As in the previous cases it got rejected quite hard here but the lower timeframe bearish structure is invalid now.
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#analysis#DXY#SP500#ETH#Bitcoin#EGLD
1/13 Hello everyone,
Although the DXY is still on a macro uptrend for the last +2 weeks its trend looks exhausted. We have a series of LowerHighs and as long as DXY doesn't close daily above 99 this new bearish structure is in play.
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#analysis#DXY#Bitcoin#EGLD#SP500
1/12 Hello everyone,
Waited for the dust to settle after FED Chair Powell speech. SP500 had an intraday decline of 1.25% when J.Powell said that they will use 50bps rate hike starting May if needed.