Good evening and i hope you are well. I repeated the importance of the monthly close today because my thesis is still that the sp500 e-mini needs daily closes above 5100 for this not being the final move of an unbelievably climactic move. February closed at 5096.5. Does that make my thesis right and we sell off from here? Probably not. Markets mostly going...
Traders, In this week's roundup, I'll cover Bitcoin, where I see it finding support and what my current perspective of future Bitcoin price action looks like. Plus, I'll take a look at a few of my recent altcoin trade entries. What was I thinking? Did I make a mistake? Let's look at the charts and discuss. Timestamps: 00:00 Intro 02:00 Bitcoin TA 11:37 Altcoin Trades
Trend is intact unless we go below 14k. I think we may bottom near 24k.
Hello all. Today we'll be looking at some of the things i am concerned about trading the current bitcoin price action. I have written most of my thoughts in the charts. Some other things you should keep in mind are - Bitcoin dominance has acted very suspicious since the dump to 20k its not giving me confidence. Ether dominance has gone up significantly and has...
Buying the DIP as I know that AWS is killing it, with the beginning of it's growth just revving up. Plenty gains to be made in the long term, I'm not sure WTF analysts/ppl are seeing here that it's gone this low but i kinda like it makes buying it a lot cheaper. 70 time to take another medium bite, then at 60ish I'm going to fill up like a Professional Hot Dog...
Finally jumping in, took the first nibble at 155ish. Lowest PE in forever, more recession fears, and hype... well lack there of around Elon and his twitter takeover (noise). China slowing and continued lockdowns are bad, but everyone and every industry over there is also in the same boat. Buying again at around 130, 90ish would be max pain....probably but it's...
Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this Total M.cap update. Total M.cap looks good here. Breaks out from the descending channel. Expecting a retest from here and that retest will be a good buying opportunity. I'm expecting a good rally in the crypto market before Christmas. Most people are still...
Sellers are exhausted. Lightning went live last week. The market couldn't be more bearish. It's always darkest before the dawn.
JSE:GND , following a good run, has pulled back to a rising, probably flattening, 30 MA. Can play the dip, keeping in mind that most of the dips kept on dipping.
This coming week is going to be an exciting week for both bulls and bears. There's going to be a lot of volatility, and it won't be particularly easy to trade. It's a trap designed to make you both greedy and fearful at the same time, so I hope you can do well amid the "chaos," and not lose too much money. Here's key factors to consider: 1. Stocks have been...
Moving BTC into a Logarithmic chart on the weekly we can get a different perspective. I don't make the rules guys.
I had some fun with the chart above. It shows the Nasdaq-100 over the last 24 hours. Yesterday it was spiking, today it was dumping. The amount of money that has exchanged hands in this short trading period is probably hard to comprehend. Hundreds of millions of shares have traded in this short timeframe and even more in total dollar volume. Billions of dollars...
This is not a trading strategy or financial advice. I am not a financial advisor. Just making note of spikes in Google search volume and the corresponding location on the chart. Remember not to trade on single indications but to build a case. Thank you.
An idea is an idea and can always change with changing conditions. I’m buying this green candle and looking at 51k
Looking at the Daily and Monthly charts, NFLX wants to set the bottom here. Not a real setup yet, no volume clues, only candlestick reversal pattern
BTC preformed better than expected in a shorter time frame, now it’s time for a cool off IMO. Longs are trapped I believe and a good reload is coming BTFD
*WARNING: LOTS OF READING* tldr; LONG TERM: This is bullish. DO NOT mistake me for thinking that I am about to say below is saying we will crash all the way down to SPY 200. Now... onto the post below... From my previous update: I was looking for a break of the falling wedge around the 448 level, but that obviously failed. I was also looking for a bigger bounce...