Bitcoin – Sell Signal

Posted on | by Leon Hinde

The rebound in the NASDAQ has been sharp and it’s possible we’re now looking at a level of overhead resistance. For crypto investors, this provides an opportunity to consider hedging or an outright short position.

The strategy requires a stop loss which means any short exposure is closed out if the market rally continues.

7/4/22 update: BTC-USD has rolled over and the technical setup remains negative.

23/4/22 update: The NASDAQ continues to move lower reflecting a risk-off sentiment, which is also impacting Bitcoin. BTC is under Algo Engine sell conditions and we remain short Bitcoin futures as an open trade.

Fisher & Paykel – Add to Watchlist

Posted on | by Leon Hinde

Fisher & Paykel Healthcare Corporation is under Algo Engine buy conditions and is now approaching oversold levels. We suggest adding this name to your watchlist.

The technical setup for the trade entry will be monitored and further explained in our Monday night member-only webinar.

If you’re not a member, please start your free trial or reactivate a past trial account using this link https://www.investorsignals.com/register