Recent content by AdrianaLowe

Chart from Sigma by Hydra X BTCUSD suffered a(nother) tumultuous week when the Office of the AG of New York State announced a lawsuit against Bitfinex and Tether, two affiliated companies. Tether is a ‘stablecoin’, each coin being ostensibly backed by one US dollar, ensuring that the value of...

U.S. stocks capped the week with a record close on better-than-forecast earnings. Treasury yields fell after data signalled moderate inflation. Chart from Sigma by Hydra X S&P 500 Index closed at an all-time high of 2,939.88 after posting a 1.2% gain for the week following positive surprises...

Is this a sign the crypto winter is thawing? BTCUSD has formed its first bullish golden cross since October 2015. This bullish signal follows a 35% rally for Bitcoin, and its resurgence has also been reflected in record contract trading volumes in the CME futures market earlier this month...

Sometimes I will do technical analysis of certain companies, or indexes. Do keep a look out!

Chart from Sigma by Hydra X ETHUSD broke above $150-60 resistance, but has seen upward progress checked by sellers in the $175 area. $150-60 could act as resistance-turned-support, and any stop hunt that brings prices back to the $150 region could create a good risk-reward for opportunistic longs.

Chart from Sigma by Hydra X On 28th March (Link to original post) we explored whether ETHUSD was due for a steep rally to test $160 resistance. That scenario played out with ETHUSD rallying along an ascending channel to test, and then break beyond resistance. The pair is now consolidating in...

Chart from Sigma by Hydra X One headline maker this week was the stunning rally in BTC. This is an insiders’ asset class. As in the case of most previous large price movements, lay traders have been left scratching their heads in the aftermath and wondering what could have caused it...

(Credit: chart from Sigma by Hydra X: The British rejected all of Theresa May’s proposed Brexit models, causing the Pound to retreat. May earlier promised to resign from office once Brexit was delivered, in a bid to win support for her deal from her Conservative Party colleagues. But despite...

ETHUSD has spent 2019 forming a wide ascending triangle, capped firmly by resistance at ~$160. Previous price action has seen steep rallies to test that resistance, followed by retracements (forming a series of higher lows). Each of the two previous rallies this year was prefaced by a bullish...

(Credit: Chart from Sigma by Hydra X) AAPL lifted the curtains on a streaming video platform that includes original programming. The television and video streaming service will allow access via its 1.4 billion gadgets to both in-house content, as well as programming from other creators. The...