The near-term bullish trend remained intact supported by the latest visit to $59,000 levels. In the current week, the crypto total market fell to a Tuesday low $2,064bn before rising to a Saturday high $2,482bn. In the event of an extended crypto rally, Bitcoin could test resistance at the swing hi $64,829 before any pullback. […]
The near-term bullish trend remained intact supported by the recovery to $57,000 levels. In the current week, the crypto total market fell to a Tuesday low $2,064bn before rising to a Thursday high $2,447bn. In the event of an extended crypto rally, Bitcoin could test resistance at $60,000 before any pullback. …Read the full story
The near-term bullish trend remained intact in spite of the latest slide back to sub-$53,000 levels. In the current week, the crypto total market fell to a Tuesday low $2,064bn before rising to a Thursday high $2,447bn. In the event of an extended crypto rally, Bitcoin could test resistance at $60,000 before any pullback. …Read […]
A Product Disclosure Statement can be obtained either from this website or on request from our offices and should be considered before entering into a transaction with us. Today’s closing price is right where the Monday’s close, and we have effectively formed a Doji on a weekly candlestick chart. But if you owned BTC futures, […]
In early April the market has bounced from the support level marked by March 8 local low of $1,663.30. A Product Disclosure Statement can be obtained either from this website or on request from our offices and should be considered before entering into a transaction with us. Paul Rejczak, Sunshine Profits’ employees and affiliates as […]
The near-term bullish trend remained intact supported by the return to $57,000 levels. In the current week, the crypto total market fell to a Monday low $1,778bn before rising to a Friday high $2,193bn. In the event of an extended crypto rally, Bitcoin could test resistance at the swing hi $64,829. …Read the full story
More impressive is the close effectively above the 50-day moving average after closing below it on April 22nd. On a weekly candlestick chart, you can clearly see that Bitcoin futures basically recouped all the losses of last week, although Bitcoin failed to re-enter the upward channel that took it past $65,000 nearly three weeks ago. […]
Treasury yields edged higher ahead of the release of the Federal Reserve’s policy statement later in the day. The Federal Open Market Committee will end its two-day meeting on Wednesday. The next major move by the Fed is likely to be bearish for gold, but no one is certain when that will occur. …Read the […]
Early in the month the market has bounced from the support level marked by March 8 local low of $1,663.30. Advance GDP release? We’ve compiled the data since January of 2013, an over 8-year-long period of time that contains of thirty three Advance GDP releases. Paul Rejczak, Sunshine Profits’ employees and affiliates as well as […]
Early in the month the market has bounced from the support level marked by March 8 local low of $1,663.30. Advance GDP release? We’ve compiled the data since January of 2013, an over 8-year-long period of time that contains of thirty three Advance GDP releases. Paul Rejczak, Sunshine Profits’ employees and affiliates as well as […]
Let me answer the second question first: we don’t buy now for a swing trade because we don’t chase moves where the reward/risk is no longer attractive. As far as preparing for the next buying opportunity: IF Bitcoin can retrace to the 52500, to 53500 area and produce a bullish reversal, that would be a […]
Early in the month the market has bounced from the support level marked by March 8 local low of $1,663.30. Advance GDP release? We’ve compiled the data since January of 2013, an over 8-year-long period of time that contains of thirty three Advance GDP releases. Paul Rejczak, Sunshine Profits’ employees and affiliates as well as […]
Early in the month the market has bounced from the support level marked by March 8 local low of $1,663.30. Paul Rejczak, Sunshine Profits’ employees and affiliates as well as members of their families may have a short or long position in any securities, including those mentioned in any of the reports or essays, and […]
Early in the month the market has bounced from the support level marked by March 8 local low of $1,663.30. Paul Rejczak, Sunshine Profits’ employees and affiliates as well as members of their families may have a short or long position in any securities, including those mentioned in any of the reports or essays, and […]
The near-term bullish trend remained intact in spite of the latest reversal. In the week, the crypto total market rose to a Monday high $2,100bn before sliding to a Friday low $1,648bn. In the event of an extended crypto rally, Bitcoin could test resistance at $53,000 before any pullback. Barring another extended sell-off on the […]
Early in the month the market has bounced from the support level marked by March 8 local low of $1,663.30. Paul Rejczak, Sunshine Profits’ employees and affiliates as well as members of their families may have a short or long position in any securities, including those mentioned in any of the reports or essays, and […]
As it is, the price of gold could decline back to $1330-1360 without breaking the ascending line of support which dates back to December 2015; which happens to be the point where gold reached its lowest price after peaking in August 2011. 2 previously, and again in the chart immediately above, is not as long […]
Early in the month the market has bounced from the support level marked by March 8 local low of $1,663.30. Paul Rejczak, Sunshine Profits’ employees and affiliates as well as members of their families may have a short or long position in any securities, including those mentioned in any of the reports or essays, and […]
How do we know? The initial test of the 50K area support didn’t even touch 50K, which can be interpreted as plentiful buying activity . It can be very tempting, but waiting for confirmation , helps to minimize getting caught in a support break or dramatic sell off. Over a one month period we have […]
