Mihir (@rhythmicanalyst) 's Twitter Profile
Mihir

@rhythmicanalyst

#Crypto Educator | Technical Analyst | Creator of 15+ technical indicators | Ex-Software Architect | Musician | Researcher of Vedic Astrology

ID: 1000114829645041664

linkhttps://discord.gg/dXsbq2rfyg calendar_today25-05-2018 20:42:11

33,33K Tweet

19,19K Followers

48 Following

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If you're thinking why BTC is not making a new high then the attached chart will explain. Refer how price reacted w.r.t. level 1&2 of the indicator this month. First, it has to close above 109k and then 113k for a new high as per this indicator. #Bitcoin #BTC $BTC

If you're thinking why BTC is not making a new high then the attached chart will explain.

Refer how price reacted w.r.t. level 1&2 of the indicator this month. 

First, it has to close above 109k  and then 113k for a new high as per this indicator.

#Bitcoin #BTC $BTC
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This is a fact for all the producers. The consumer will end up paying higher! Higher Tariff is not favorable when the economy is near make or break.

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This indicator has successfully identified the tops and bottoms of BTC cycles, as we can see. It has signaled a potential cycle top for the current cycle, with a condition for invalidation: price must close above $109,370 on the monthly chart. Confirmation of the trend reversal

This indicator has successfully identified the tops and bottoms of BTC cycles, as we can see.

It has signaled a potential cycle top for the current cycle, with a condition for invalidation: price must close above $109,370 on the monthly chart.

Confirmation of the trend reversal
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I’ve reassessed the Dollar Index (DXY). It has corrected by 12% over the past six months. However, the recent low has touched a key support zone. Now, the strength of the bounce will indicate the probability of a recovery. #DXY #DollarIndex #USD

I’ve reassessed the Dollar Index (DXY).

It has corrected by 12% over the past six months. However, the recent low has touched a key support zone.

Now, the strength of the bounce will indicate the probability of a recovery.

#DXY #DollarIndex #USD
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NASDAQ Index A V-shaped recovery was signaled at the bottom—and it did it. The index has crushed through multiple resistance levels along the way and has made a new all-time high. Amazing! Now, it’s at the final resistance level. You might be wondering: why here, if it has

NASDAQ Index
A V-shaped recovery was signaled at the bottom—and it did it.

The index has crushed through multiple resistance levels along the way and has made a new all-time high. Amazing!

Now, it’s at the final resistance level.
You might be wondering: why here, if it has
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The concern is valid from the EU point of view but the EU has to take this up as a competition. The USD based stable coins will increase global dominance of USD for sure.

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The Treasury bond market is flashing a warning for stocks and crypto. I just spotted that the 2-year yield has started rising faster than the 10-year yield. This is an important trend change to watch, in my opinion, as its downtrend was fueling the uptrend in stocks and crypto.

The Treasury bond market is flashing a warning for stocks and crypto.

I just spotted that the 2-year yield has started rising faster than the 10-year yield.

This is an important trend change to watch, in my opinion, as its downtrend was fueling the uptrend in stocks and crypto.
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Such post seems like movie dialogues - far from reality. Is your credit card payment blocked today? No Is Coinbase having holiday today? Yes If not, that's insane!