MusicalNight

Be aware that the Daily TF has a bearish head n shoulders. But intraday is where price will move first and Nvidia has many bullish setups. It puts a low in end of November recently which was a big 20% off its ATH months earlier. Price bounced at end of November and formed lower and retested at 61.2%. Trading is about calculated good guesses. It’s also about catching the start of market cycles and scaling into the cycle as it confirms a new uptrend. The 2nd quarter of our century is knocking. Thanks for dropping by.

It’s as if the Doge has taken a back seat the past few months. The Doge could see the “slide”’that Crypto was in and in particular names like Bitcoin, Ethereum, RIPPLE and DOGEUSD cheap as chips. I still read analysts with no idea talking about a bitcoin bear market, impending. Here’s the thing, don’t mistake lower Bitcoin, Ethereum or Ripple prices for actual weakness in their fundamentals and outlook. President Trump a now advocate has signed off and secured their futures. Any move back in price is temporary and simply is respecting a bearish pattern that Bitcoin finds itself in and about to complete. So, it’s a a bit like a well known GOLD TIPPING group stating only 15 hours ago that Gold is overbought. No it ain’t. It sits near the 70 RSI level on daily chart but historical RSI levels are much higher and that is where Cues are taken from. Where as Bitcoin is no where near overbought, over sold is probably more correct. When something is oversold, Value swings back as sentiment aligns and price starts to rise. That is how you think in terms of Bitcoin: In essence, it’s the financial markets’ ultimate golden -child and really, it can do no wrong. Buy DOGECOIN Daily RSI DIVERGENCE. * this is not investment advice.,

Price swept lower in the Asia Thursday session, buy orders that did not trigger are waiting for price to retest and trigger their orders to buy in. It’s a Double Top on high time frames and a triple top intraday. About a week ago a CHoCH bullish occurs and price has since gone to new highs. Watch for continued strength in EURUSD after it made a corrective move down yesterday .

This started to turn around at 88,500 approx. on rsi divergence. Then broke out. I am still long from 88,500. I see strength in USD running at parity to is 200ema, in a few hours time. Bitcoin will oblige. Here’s the thing, Around USD breakouts & the possibility, the inverse thing with Bitcoin & DXY de-couples as Bitcoin knows is big buddy DXY has the resources to break them both out. Not saying it will def happen, safe havens buying builds up more when DXY parks on its 200 day moving average. Watch for the EURUSD to climb to 119 & the baton holder may change as my honest feeling is that any move beyond parity by DXY will lose steam.