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krugman25
And since we are talking correlations let's look at the previous 30 day correlation for CL/GC.
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Caffeinated thoughts from a full-time software developer/part-time trader
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krugman25
XBT has formed the mac daddy of all mac daddy uber bullish formations with a a triple inside bar, double pin bar inside bar, pin bar fake out. Not sure I have ever seen one of these actually.
As a side note, monthly price action is bearish, so this should be interesting.
As always, nothing is 100% but boy if this isn't way up there in the high probability range.
As a side note, monthly price action is bearish, so this should be interesting.
As always, nothing is 100% but boy if this isn't way up there in the high probability range.
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krugman25
I didn't realize the daily candle had so long to close yet. the candle has fallen below the key 10,300 level. Really weakens what could have been a very powerful buy signal. But, we'll see, a little bit more time before it closes for it to redeem itself.
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krugman25
Chart of the day. While XBT has gone almost no where over the past few weeks, ETH is up about 20%. It could soon be testing the upper resistance band. We will see if it breaks this time.
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krugman25
Weighed in at 179 this morning. I haven't been in the 170's for years.
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krugman25
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krugman25
This would need to hold by candle close, but if it does this significantly increases the likelihood that bitcoin price breaks up and out of this multi-month consolidation
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krugman25
Just added some covered strangles on my GDXJ position. 21 delta, 51DTE, 1.51cr
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krugman25
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krugman25
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