The stochastic RSI fractal prior to the 2021 rally is very similar to recent. Wether this carries any weight in what it indicates post fractal is up for debate, but I think it does, as a repetition of psychology of traders in similar market conditions, in a period of fear but accumulation of smart money, which happened in both areas.
Furthermore, the fact we are still at max fear, approaching the 'blue' area and this opinion is overlooked by the majority, the thesis is stronger that history is repeating, this among a lot of other macro correlations of both areas, most have admittedly lagged expectations thus far but are still not invalid, technically.
ethereum:native
Just added to $XTP which was as usual traded into pre an RNS. Please DYOR but I strongly believe it is misunderstood and oversold. Stablecoins do not replace native tokens. Apples and pears! 🤹♂️ @Tap_Fintech@TapGlobalPlc#TAP
I think you should see this
is Bitcoin following the same fractal gold did when it broke a decade of consolidation?
same lengthy downtrend, of nonstop red for months on end
then launching up like a coiled spring right at the depths of uncertainty, to start its parabolic run
New month, new quarter = busy time for funds investing new money.
New tax year, new ISAs = busy time for retail investors allocating new money
#TAP is a clearly an opportunity in the oversold crypto equity sector @Tap_Fintech $XTP #TAP
🇬🇧 NEW: UK investors will be unable to buy crypto products in their ISAs from April after HMRC reclassified crypto ETNs to a wrapper that no mainstream platform currently offers.
US 2yr bond yields look like they are on the edge of a cliff
Fed balance sheet just started expanding courtesy of Quantitative easing, breaking trend
Copper $XCU and US small cap stocks $RUT hitting all time highs…
2026 looks risk on
With QT ending and interest rates lowering soon, this is the chart.. and we are at max fear, good
Silver and Russell 2000s hitting all time highs recently, crypto lagging global liquidity, US debt ballooning...
$OTHERS