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USD Dumping Alerts " overvalued " The dollar had a nice rally and is about to collapse .. the rally was markup and we are gonna see a retest towards 106 must break down the 106 level then it's bullish .. building short positions starting from the September candle, especially above 109.900 and going full short if it touches 119.600 .. its a large zone so give it space and dont rush, its worth it ,, oh, I forget to mention that all fundamentals are dollar bearish now it's time for the dollar to pay the bill :)
TVC:DXYShort
by ShoeIsRich
1
BTC is going to cream everyone then move to the sky.With all the added pressure on the currency market due to corona virus, Bitcoin is set to sail. I predict that most economies are going to tank a lot further yet also. It is not wise to buy yet, wait for all the "dumb money" to buy, get wiped out by market makers, then buy. See how easy it is to see stop losses, do you not think that big institutions can't see them??? Liquidity for the taking. I will be looking to buy coins around the orange price. Also I will not be trading bitcoin, I will be buying the coins and storing them into a secure offline wallet. Must better to invest in bitcoin for long term than to try trade it. This is long term idea and is NOT a trade but an INVESTMENT.
BITSTAMP:BTCUSDLong
by joebrownFX
7
Trump Tweet = Shots Fired! A Warning?! SHORT BTCUSDFRIENDS I'm gonna catch a lot of junk for this but I'm going to float an idea for you. Time to abandon ship. I love crypto. You can see my charts going back years, but it's time to get out. There are two main reasons. 1. There are a lot of think tanks articulating a working international gold standard. It's coming. It has to. We can't survive on this imaginary fiat economy for much longer, I'm sure this we can all agree on. 2. The Trump Tweet. Trump tweeted, "I am not a fan of Bitcoin and other Cryptocurrencies...". Most people see Trump as the enemy. However, I think he is trying to give people a warning. I interpret his tweet as: "We are about to nuke Bitcoin and other crypto. Get out now because we're about to press the button. I'm going to fix the economy, but crypto won't exist." I know most reading this are laughing. That's fine, I likely would too. All jokes aside, you've been warned. It's easy to buy back, but if the floor falls out this could get ugly fast. Good luck crypto friends. TECHNICALLY This isn't the prettiest picture. The weekly MACD has been one of the best swing trend indicators and unless we shoot up in the next 24 hours we're probably going to get a bearish cross tomorrow. Intraday charts are uninspiring as well.
BITSTAMP:BTCUSDShort
by jamiecassels
Crypto logic. To the moon! \(°0°)/Time for celebration for me! After 2 dead months in the Forex market (I could have made progress but I did not know it well enough), the USD finally broke out of consolidation (no fakeout please), and activity is finally going to be back. I have no reason to trade crypto now. I only traded crypto this summer because I had a hard time finding setups. Now, let me put crypto back where it belongs: a low profitability dead market. BUT, there is one point to crypto, and that is to amuse us :) The crypto cult is one of the dumbest the planet has ever seen, they are worse than flat earthers, and since we cannot help them anyway, might as well use them for our enjoyment right? Hence, to celebrate, let me start an idea about idiotic crypto 'logic'. Here I will regularly post idiotic ideas from the crypto fans. Even thought the 1rst one truly is the ripple one posted here, let me inaugurate this post with this: "This 18 year old bought a few Bitcoins when he was 13 years old. Let's go to a conference so he can explain to us what finance is." www.cnbc.com gizmodo.com 19 now, he must be much more experienced. This mastermind flies jets apparently, and with part of his 3 millions, he built an ... octopus ... suit... www.digitaltrends.com You can't make that shit up. Oh my, his "fortune" is going to disappear so fast, and it's going to be so funny when we see him working at macdonalds.
BITFINEX:XRPUSDShort
by MrRenev
11
One Nightly Delusion Call me crazy. And delusional. But hell, it's fun to see. We're looking at the weekly chart in *log* form for Bitcoin. Noticed a sling shot effect. That's what they call it, right? Eh, can't remember, anyway. . . The peak trending lines for BTC deliver this sling shot. Even though we're in a bear market, do notice for long term, we're still going up. But if history will repeat itself, if we *go* by the weekly view, we still haven't hit the bottom. But I guess that depends on which chart you see, Day vs Week, who knows? But if this is all setting up another sling shot, based on these peaks, we could see that miraculous 1 million peak by 2023 . . . Eh, it's fun to speculate.
BITFINEX:BTCUSDLong
by Sleebs