Intraday Idea: LONG When price gets near, around & below $27K handle, look to buy . Targeting $30K handle The .50 level of the Fib Retracement & .75 level of the Fib Resistance Fan act as static & dynamic support levels. Price Target : $30,000.00 BTC SHORT When price gets near, around, & above $30K handle, look to sell ....
Base Case: US Equities are experiencing broad base revaluations due to excess demand in the markets from the 2020 Stimulus. As a result, current markets are survival of the fittest & higher interest rate environments do not suit equities. I believe the markets are currently pricing in the highly anticipated two 50bps (FEDS FUNDS RATE) on June 14-15 & July 26-27...
3 elementary particles (red, green, yellow) connected eternally I dont know where this came from enjoy
Here you can see another idea that I found interesting from my indicators perspective
The stock is in an ascending triangle. Note the high level horizontal resistance, which has held its ground three times. And see the support of the purple channel. They make the triangle. Watch, as the situation develops.