HodlTradeCrypto

HodlTradeCrypto

Once an area or “zone” of prior resistance has been identified, those price levels can serve as potential entry or exit points because, as the price reaches a point of previous support or resistance, it will do one of two things: bounce back away from the support or resistance level, or violate the price level and continue its trend until it hits the next support...

HodlTradeCrypto

IWM tracks a market-cap-weighted index of US small-cap stocks. IWM stock price is 185.58 and iShares Russell 2000 ETF 200-day simple moving average is 185.44, trading below its 200-day SMA will create a Sell signal.

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SPY stock price is 402.33 and SPDR® S&P 500 ETF Trust 200-day simple moving average is 404.79, creating a Sell signal. The SPDR S&P 500 trust is an exchange-traded fund that trades on the NYSE Arca under the symbol. SPDR is an acronym for the Standard & Poor's Depositary Receipts, the former name of the ETF. It is designed to track the S&P 500 stock market index.

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The US Dollar Index hit a low of 89 on 6th January 2021. Since then it has generated a bullish double bottom pattern reaching the 89.5 level again on 25th May 2021. The DXY then initiated a long-term uptrend, taking it to level 109 on July 14, 2022. The upward move lasted 553 days and led to a 22.5% increase. Additionally, it appears to have run along a parabolic...

HodlTradeCrypto

The Volume profile for the SPY is painting a picture of near-term resistance for SPY and using the breakdown of the august trendline as entry criteria.

HodlTradeCrypto

Compound is a protocol on the Ethereum blockchain that establishes money markets. Money markets are pools of assets with algorithmically derived interest rates. Suppliers (and borrowers) of an asset interact directly with the protocol, earning (and paying) a floating interest rate. Compound is now available on DeFi Swap. Users can swap Compound, be Compound...

HodlTradeCrypto

Fibonacci retracements are a popular tool that technical traders use to help identify strategic places for transactions, stop losses, or target prices to help traders get in at a good price. A Fibonacci retracement forecast is created by taking two extreme points on a chart and dividing the vertical distance by important Fibonacci ratios. 0% is considered to be...

HodlTradeCrypto

Ethereum Technical Analysis: Trade setup: Breakout from Symmetrical Triangle and above $3K (Higher High), signaled trend reversal. Reached stiff resistance at $3.5K (also 200-day MA) and momentum is fading with negative divergences appearing on the 4-hour chart, (MACD Histogram bars declining). Wait for price to 1) break above $3.5K, with upside to $4K, or 2)...

HodlTradeCrypto

You can sell short S&P 500 ETFs like the S&P 500 Index (SPY). But this strategy can be risky, since losses on short positions in stocks, ETFs, or stock index futures are potentially unlimited, and may be subject to margin calls. However, there are times when a bearish bet against a benchmark stock index, such as the S&P 500, is appropriate. Buying Puts is one...

HodlTradeCrypto

GOLD - Daily chart with Cup and Handle - Europe will need to either buy Rubles from Putin in Gold, in order to buy Gas and Oil, or they will have to buy directly in Gold. This means there will soon be more demand for Gold.

HodlTradeCrypto

what just happened with the Russian Central Bank - pegged 1 gram of gold to 5000 rubles (about 50 bucks) at the same time, Putin made it so that Russian Gas and oil can only be purchased in Rubles. Meaning: Putin basically just pegged Russian Oil and Gas to Gold, using paper rubles as a proxy. Europe will need to either buy Rubles from Putin in Gold, in order to...

HodlTradeCrypto

Anchor Protocol, the popular savings app on Terra_money, is now the 3nd-largest dApp in DeFi. With $14.5B in TVL, it represents over half of all assets locked on Terra. Anchor has now surpassed almost all of Ethereum’s ‘blue-chip’ DeFi assets, including the lending protocol Aave, Uniswap, and Compound. As for Terra, it now has a TVL of $27B, making it the No. 3...

HodlTradeCrypto

COMP has seen a recent outpacing of protocol TVL, relative to the token's price performance leading me to believe its a value play right now! LONG @ 135

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Sector Rotation from Small Cap Growth to Value - IWO: the Ishares small-cap Value ETF IWN: The Ishares small-cap Growth ETF. This chart plots the strength of Value vs Growth - if its trending Higher Value is in favor by the markets. If it's trending lower, Growth is in favor.

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LONG XOR - Change of Trend - Breakout after consolidation

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LONG ERN - ETHERNITY CHAIN - heading to VAH @ 21.50. If it can break above that it would retest the next Value Area Low @ 30 - then clear skies ahead for a Parabolic move. TVL @ ATHs.

HodlTradeCrypto

LONG ETH - Ethereum is ready to go Parabolic as it's already cleared its VAH resistance @ 2800 - Fairly Blue Skyes ahead on Vol Profile!

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BTC - Slope of Hope :) - still in a minor trading range as indicated by the white lines. My prediction is that once it closes above the VAH around 57k - it will enter a new parabolic phase to discover a higher trading range.