08/03/2019 |
Market Update Into 8/5: Broad Markets Dip While Cryptos Rip
In this weekend’s analysis, we take a look at the broad market ETF daily Raindrop Charts (TM) and weekly hollow candles into the first full week of August and compare how the crypto weekly charts are looking. To learn more about Raindrop charts and the platform in general, make sure to check out all of our User Guides.
Make sure to get ready for TrendSpider’s first “Chart Pattern Beauty Contest” on August 12th!
Weekend Broad Market ETF & Crypto Charts
$SPY vs. Bitcoin
$SPY: Daily vs. Weekly Chart
$QQQ: Daily vs. Weekly Chart
$BTCUSD: Daily vs. Weekly Chart
$ETHUSD: Daily vs. Weekly Chart
$LTCUSD: Daily vs. Weekly Chart
$BYND Before and After: The Power of Trendline Alerts
In this weekend’s “Before and After”, we take a look at the $BYND chart after earnings dropped hard down to the trendline below with an alert created. This alert went off at $186.90 and the price moved up over $15 after getting this alert. Instead of staring at the chart to watch this price action, the system let us know when this level was reached! This just shows the power of having TrendSpider watch your trendlines and price levels for you! Learn more about our unique Trendline alerts here.
