ETF
SPY (S&P500 ETF) - Trend, Support, Resistance - 11/2021SPY index ETF price has been in an uptrend & ascending channel throughout 2021.
Price is currently testing the upper resistance trendline (~$470).
Bearish Scenario: Price falls down below $466 to $460.
Bullish Scenario: Price breaks up above $470 to $480.
Support(s): $466, $464, $460, $455, $452, $448, $446.
Resistance(s): $470, $472, $476, $481, $485, $488, $494.
Note: Q3 2021 Earnings Season will end after mid-November.
DON'T FOMO AT 62K AT SELL AT 50K ☠️Hi everyone 👋🏽
🕊 Wish y'all have a profitable lifestyle 🍀
📌 BTC /USDT - H:4 - Time frame
📌 PRICE ACTION - FIBONACCI - BEARISH DIVERGENCE - FUNDAMENTAL - ichimoku cloud
📍 ⚠️ BITCOIN chart looks so scary in my eyes ⚠️ 📍
🍀 First, I have to apologize for my absence in the past week. I am looking forward to update cryptocurrency markets
📍 In the H:4 time frame I can see two bearish divergences which may lead the price back to the 50k-53k price zones.
✍🏼 Along with the latest ETF NEWS, I am starting to worry so much about Bitcoin chart, I PERSONALLY see the latest ETF news as a horrible news which I am going to explain why:
1- BTC is one of the most decentralized if not the most decentralized asset in the world and with ETF news the decentralization part about BTC does not make sense any more!
2- Bitcoin does not like regulation in general; and again with ETF regulation this aspect is also questionable
3- Bitcoin is all about the peer to peer money exchange world-wide; ETF does not like that either
⚠️ Another thing: If I want to store all my Bitcoin in a centralized bank and start to pay taxes; why can't I buy GOLD or other stocks? 🤔
📍 From technical analysis point of view, I see two bearish divergences in the chart in RSI and Price
📍 From ichimoku cloud point of view, I can see a red cloud in the given dates which either can stop or drop the price to the kijun line
📍 From Fibonacci point of view, we did not see a pullback to 0.618% and 0.5% zones which are really necessary for the future growth
📍 I also see the last pump not as an ETF miracle, it was all technical along with a little bit of FOMO and NEWS
TO BE CONTINUED
(BTC) What's happening? Dip or new ATH?If you pay attention to the momentum, it becomes weaker in the falls during the price compression
But BTC dominance is declining which has weakened it.
What is clear is that Bitcoin holders are waiting for US decision on the BTC Spot ETF. which if approved, would be a strong price stimulus.
It's better to Take a little profit. Then you can buy potential dips and if Bitcoin decides to touch new ATHs, we will not lose anything. Because in the next few years there will be many great opportunities in this market and we will use them 😉
TOKE at acceptable levels to start buyingTOKE is an ETF that seeks to generate capital gains by investing in companies that have exposure to the broad cannabis industry. Since the start of the year the ETF's price has declined steadily from highs of around $26 to about $13 currently. The drop in price has bought the shares into a range of reasonable value considering the relative youth of the legal cannabis industry and the size of the companies this ETF holds. Long term cannabis products have significant growth potential and is only a matter of time before it is legalized and its use normalized across most societies. As long as price stays below $15 I believe it is a good time to start increasing exposure to this industry that has long-term growth potential.
*Not a recommendation to buy or sell*
Bitcoin Futures! The Fake Bitcoin! Who's "wallet"??? LOL! WOWWell, back to Bitcoin and Ethereum as trading pairs for this trader. Gulp, cough cough. These are big freaking whales and waves, I tell ya. WOWie!!! Lots of biting by big sharks (so big, sharkies are called "Whales" LOL!
Oh boy this little dogFISH feels tiny after the last few days of surfing. WOW what a way to end a winning streak! Now I have to wash my swim suit and let dry! LOL That was a big SHIBsters LOL
Hide to Bitcoin and Ethereum, the King and Queen of crypto, You need both! The queen is useless without the king in the current cryptophere, so you need the powerful Queen ETC and hide the King BTC in cold storage OFF NET ASAP to prepare for the tsunami coming... I don't when but these waves both on the market and in crypto are tell tales!
The shitcoin mega waves is the canary in the coalmine. You do not want to be too close to the surf because the tide will go back to sub $60K levels on Bitcoin possibly. Take take ALL the shells you can now, and head to higher ground ASAP. I can't tell you the timing, I'm always wrong there because time is relative and the force controls that. I'll likely be surfing these things but you won't see me at the crest of these things and if I am, let me know! LOL I like to be a TOP DOG, but on $HITocean, I'll be top dOG if the Princesses of Whales allow me to be! LOL I won't ask, I'll try to be quiet and listen to the whale quietly LOL The charts says everything but MissChart does not always know. It not her, it's her reporting what they white and black whales are up to. If you are a seasoned whale watcher, you will adjust your tools to fine tune the detection and the timing of the whales, If you are a beach partiipant trying to jump on assive waves, good luck. Watch from a distance at first!
So, avoid shitcoins and $HITcoins, buy the real ETH and real BTC and move away unless you are a Pro or have the stamina and devotion to learn. After decades of trading, I'm retooling 100% for crypto as equities over time with the dollar. Tesla and Apple will issue "crporate coins" to allow investors to directly trade their coins with backed coins. Tesla and Apple coins will be a hit, GM, FORD and Chrysler? Well only government will buy those, which means these are tax payer buying the coins via the back door to feel THE biggest Shark: Crookstreet.
So this DOG and, his little jet fighter, and small team will only ride the wave with me KEEPING my mouth SHUT. A wipe out with mouth open is nasty. On nasty waves, you need to abort. If you don't your assets will die as the waves crashes leaving you in pieces with a broken dream to get rick quick. Money is interesting, the easier it comes in, the easier it flows out. I've learned to respect it and not let it lead my actions. I am not longer a slave to money because I can simply reduce what I need. Simplicity is good. Truth is good, Honesty is good. I just want good.
Shitcoins will teach you the respect and danger of money and gambling. If you dare enter this shitcoin ocean, don't follow any pro surfers. You can''t react. You might now the important difference between a market order and limit. When to use them, on what type of waves etc. Waves, and spectators, might lead you to the rocks. Pick your ponies and ditch shit. A shitty horse will never be a winner. Good horses are good from the start and continue to dominate in the space. Look at Tesla and Apple. Kings/Queens of their space. Both are years ahead of competition and the rest of the pack will never catch up. New entrants might but who can catch up with Tesla internationally? The legacy and outdated car companies plan to start when Tesla will be cranking millions of cars per month across a network of distributed mega factories.
For cryptophere, the two winners today, are Bitcoin BTC and Ethereum ETH. Rest coins are toxic. Not trustable. Big whales control them. I have seen it first have and it's impressive! WOW! WOW! WOW! Ouchies LOL The SHIBster bites but he was a good runner so I stilll love the little beast out of respect, not love. I'm not sure if he represent the devil or the heavens. So that little biter is 100% trade only because I have zero trust until it proves it's a friendly white whale and not a deadly dark MEGA shark. The charts will tell me, not the other way around! LOL Don't hope, don't expect, don't think you know the colour or intention of the Princes of Whales. Only THEY know.
For me, it's not about money. It's about surfing these megawhale wages to the best of my ability learning every single day to be humble. Best way to learn to surf when you think you're a good surfer is to jump on board on the North facing side of Hawaii in the winter season. WOW WOW WOW Novices, watch from a distance! LOL If you're a newbie on the beach and say "hey, that looks easy and fun, let me try", well go out to the "surf" but make sure you carry just a small amount of coins in your pockets because , 99% chance, they aren't coming back. And if you carry too much both YOU and your coins will hit got under and sink to the bottom. It's possible but it's as easy as it looks but it will continue to attract the "fear of missing out" FOMO masses to feed the mega sharks, ughhh, black whales.
I've been trading part time since it was legal and I'm becoming a professional surfer. It's work but it's a trill if you nail those waves! I'll surf the cleaner ocean with ETH and BTC and, once I shower and brush my teeth, retune, will head back to $HITocean to make more money because it's scary but very lucrative. Nasty when you wipe out in shit with your mouth wide open. Cough, cough Lesson learned, surf shit with your month closed. OMG that's going to be hard. Please gods and Prince of ocean, SAND and beaches, have pitty on this little itty bitty surfer! LOL WOOF WOOF WOW WOW WOW ouchies D0G$ LOL !!! I love your roBOTs LOL Cute little remote control for MEGA $hitsters!!!! LMDAO!!! WOOF WOOF LOL WOW!
I have experience and scars. So I'm fine losing money on a bad call but it has to be calculated and that means taking emotions out and trading like a robot, if you can't afford to buy one with diamonds made by crushing SAND! LOL ;-)
If you're trading without automatic stop loses or are 100% dedicated to the screen, you will lose to pros who are setup properly. They have massive robots and they will borrow coins from HODLers, give them high interest rates, and SHORT the $hit out of crap at the perfectly right time. Don't pretend to be a whale if you are a tiny fish. Quietly watches the whales, you might not be able to tell if they are white or black, but the waves are the same for both. Black whales will show themselves to watchers. Trust me on this.. I've ridden enough mega $HIT waves that some of these Princess of Whales are AMAZINGLY powerful in changing the direction of big waves! LOL WOW WOW WOW!
Now what about Bitcoin Futures? That's another shit ocean but that's by banksters instead of gangsters LOL All a joke of course, I'm a dog with four paws telling DOG stories! LOL WOOF Seriously, do not enter shit oceans without undertstanding " The Big Short" the movie. Watch it 5 times. Movie should be called "Banksters vs banksters: Average people get killed and nobody understand why?" This upcoming event, if The Sequel: Revenge of the "temporary" debasement of the dollar." And I really hope humanity has learned from 2008/2009 and leverages GOOD over EVIL. This flying rock of ours that we're physically attached to in a "temporary" manner isn't the end. It's the test - can we coexist with each other and all living things?
Not with Banksters and Gansters tools of massive financial destruction. We need the banksters to show the gangster that derivative products are not heahtly for the average investor, these are scalping tools. How to you avoid banksters and gangsters, easy, head the other way! Cold storage Bitcoin and Ethereum and practice moving the stuff around because people underestimate the difficulty and get trapped or lose coins on failed transfers. Yeah, it's beta but it's amazing, the residual finishing stuff will happen with the Apples and Tesla of the world being the "retail" (aka average person banksters' speak) would call it, these derivatives and shadows shit is "catshit wrapped in dogshit". So if you want to buy shit with a fake Bitcoin logo on it, go right ahead but it's counterfeit Bitcoin. To HAVE Bitcoin, you need either a paired public and private key (aka cold wallet) and a backup phrase to securely backup your cold wallet. If you trade BTC, you don't own the Bitcoin, your trading platform generally do. DEX (distributes exchanges) could change that but we'll see two cryptopheres that shadow the Internet itself. A normal internet and cryptophere where people do law abiding things and the "dark web" "dark cryptoshere" owned by different groups that one might or might not want to be associated with. Depends on where you think you'll be treated best from a lifestyle and tax perspective. If you are in a Western Country, you can expect to pay taxes so if you think you can move money to a safe crypto exchange with questionable coins and "neighbours" go ahead. I tell everyone, research who your are entrusting your crypto with.
Most regular people who understand fiduciary duties will entrust their cryptos to well known banks or reputable organisations like Apple and Bitcoin. So do I expect to pay for a Cybertruck using ETH2 when the truck is ready to ship, yes. Absolutely, ETH2 and BTC Lightning will be supported by Tesla. Elon has already said it but mainstream and yourtube-click-bait-yours are too dumb to understand the guy's hints. I'm going 100% chart and I just have to retune everything for massive surfs. I will go out again in $HITcoin ocean looking for the $HIT and trying to avoid the SHIT. Wipe out in shit and gulf, best keep your mouth SHUT! LOL
Gulp Shit = More to Ethereum and Bitcoin to watch the tsunami from a distance, Its coming! When you feel rich, take half off the table! There will be other waves you can ride, if you have a surfboard left! LOL
Please comment and like if you enough zoo stories ! I to be an animal and DOG (of dOG) because whales & sharkies are the real DOGs but I prefer to be a fluffy bunny that quietly looks for carrot fields protected well away from sharkies and wolves. Contact me here before or via private chat here @JustCharts and let's focus on Just Charts! LOL Gulp LOL
PS LONG Bitcoin. Not Futures or unbacked fake ETF. Backed by the real thing in trusted custody with the ability to veriify because we no longer trust. At least, I don't, I educated myself and looked at the latest data available to make my first conclusion that I trust neither banksters or gansters black whales. I will watch them from a far distance on on friendly, quiet beach.
Peace Paw
@JustCharts just a little surfing dOG with deep respect for all the MEGA White Whales and Dark Sharks
A little dirty but washing up nicely! LOL WOOF WOW
Investing Green: Global X CleanTech ETFIn this post, I'll be introducing a way you can gain expose yourself to green investments through Global X CleanTech ETF ($CTEC).
Disclaimer: This is not financial advice. This is for educational and entertainment purposes only. I am not responsible for the profits or loss generated from your investments. Trade and invest at your own risk.
The Potential of Green Investing
- President Joe Biden is expected to unveil a new $1.75 trillion spending framework on Thursday, which will include $555 billion for clean energy investments.
- The spending targets emissions-reducing technologies across buildings, transportation, industry, electricity and agriculture.
- The dollars earmarked for climate spending focus on incentives rather than punishments.
- The initiatives will start cutting pollution now, with more than one gigaton of greenhouse gas emissions reduced in 2030.
- This will set the U.S. on a path to reduce emissions by 50% to 52% below 2005′s levels by 2030.
- The plan includes a 10-year expansion of tax credits for utility-scale and residential clean energy, transmission, storage, electric vehicles and clean energy manufacturing.
- More than $100 billion is set aside for resilience investments as extreme weather events, including wildfires fueled by climate change, batter the U.S.
Framework Breakdown
- $320 billion: Clean energy tax credits
- $105 billion: Resilience investments
- $110 billion: Investments and incentives for clean energy technology, manufacturing and supply chains
- $20 billion: Clean energy procurement
Information about the ETF
- The Global X CleanTech ETF (CTEC) seeks to invest in companies that stand to benefit from the increased adoption of technologies that inhibit or reduce negative environmental impacts.
- This includes companies involved in renewable energy production, energy storage, smart grid implementation, residential/commercial energy efficiency, and/or the production and provision of pollution-reducing products and solutions.
- Inception Date: Oct 27, 2020
- Total Expense Ratio: 0.5%
- Net Assets: $187.38B
- Net Asset Value (NAV): $22.23
Top 10 Holdings
1. PLUG POWER INC (PLUG) - 8.02%
2. ENPHASE ENERGY INC (ENPH) - 7.60%
3. VESTAS WIND SYSTEMS A/S (VWS DC) - 5.71%
4. SIEMENS GAMESA R (SGRE SM) - 5.24%
5. SAMSUNG SDI CO LTD (006400 KS) - 5.19%
6. SOLAREDGE TECHNO (SEDG) - 5.10%
7. XINYI SOLAR HOLDINGS LTD (968 HK) - 4.89%
8. FIRST SOLAR INC (FLSR) - 4.80%
9. QUANTUMSCAPE CORP (QS) - 4.33%
10. JOHNSON MATTHEY PLC (JMAT LN) - 3.66%
Technical Analysis
- This ETF has undergone a long phase of accumulation between $16-21
- While it has broken out of the accumulation range, there are two main levels of resistance it needs to break; $23.3 and $29.6
- We could expect the ETF to test the now resistance-turned-support in the form of a pullback before moving up to create higher lows and higher highs
- Based on the fibonacci retracement level, we could consider the 1.618 a plausible long term target.
Conclusion
The US government is investing heavily in cleantech, and paving way for green companies to grow, and it's highly likely that other governments will begin to do the same across the world. Finding a specific winner for their cause might be difficult, but this ETF allows you to gain exposure to a variety of cleantech companies. While this ETF doesn't have a long track record, it's managed by a reputable company. Technically, we have broken out of the accumulation range, and yet the price is still close to the ETF's net asset value, providing high upside potential for the mid to long term.
If you like this educational post, please make sure to like, and follow for more quality content!
If you have any questions or comments, feel free to comment below! :)
VDJP Daily - Good RR to accumulate I've been liking this ETF for a while - weekly set up very bullish with inverse h&s and bull flag. The move higher was initially very aggressive and I used it as an opportunity to take some profits. This pull back to the trend line is exactly what I have been waiting (&hoping for). Will use as an opportunity to keep averaging in
ETHH, ETHH.B and ETHH.U World First ETH Ether Physical ETF!If you're stuck with RRSP and want to avoid the derivative junk out there that mimics crypto but is backed by banksters instead of the real crypto, consider ETHH from Canada. It's a little sticky because of the maple syrup and beaver tails but otherwise, it's the best "regulated" want to touch crypto without getting ripped off too much from the Street.
Available as ETHH - Hedge Canadian
ETHH.B - unhedge Canadian
ETHH.U unhedged USD! !!!!!!!!!!!!!!!!!!!
I challenge ANY readers to find me a better "legacy market" instrument than ETHH trading anywhere in a highly regulated environment.
If you own and derivatives ETF garbage, SELL, and buy PHYSICAL! Or as close to it as you can if you need custody services for your crypto.
Accumulate on dips HODL ETHH in RRSPs, TFSA or even 401K?
NOT FInancial Advise and I only get paid in good will. Cash is trash.
IWM - When I Dip You Dip We DipIWM has been pretty rangebound as of late, and it looks like its going to bounce down to around 219 or so.
Yesterday we saw IWM bounce of the upper Bollinger Band.
The MACD hasn't turned bearish yet, but should confirm a downward trend today.
The Stochastic is showing downward pressure.
This is not to say that IWM is expected to crash, but it may be a good idea to sell some calls.
#trumpcoin DWAC SPAC - PONZIED - Crypto Bubble - Frauds AbundantBuyer Beware. Another Billdo Pershing Square look a like. A money grab. Good luck poggers. HOLD FOR BROKE HOPIUM.
1 day BTC price upside prediction TO THE MOON GUYSToday I was over leveraged and some big whale son of a b* wanted to liquidate me, and many like me who thought the Valkyrie ETF would generate a big bull run to 70k , but some bulls wanted to make profits before that, so those damn whales dumped the price albeit being behind all this fake ETF frenzy to generate FOMO and then selling the hell out of it , now they bought the dip, and going forward. This is probably a big WYCKOFF going on.
Bitcoin Where To Now? $70K Resistance Possible Drop Below $60kCheers to everybody in Bitcoin and in cryptocurrency! Very exciting times to be in this space. It's always great to know that pretty much everybody in Bitcoin is profitable whenever Bitcoin reaches new all time highs!
Ideally we want to hold the $60,000 level for Bitcoin but dropping below $60,000 is always a strong possibility. I believe the first real major resistance for Bitcoin will be at $70,000 or in between $75,000 if we continue this uptrend.
We're pretty overheated on the daily oscillators indicating a pullback may be upon us. Support levels if we drop below $60,000 I'm looking at support around above $55,000. We're looking bullish on the weekly time frames in my opinion.
The fundamentals have gotten much stronger since the Bitcoin ETF which will enable a great amount of money to come into cryptocurrency in the coming months. Specifically into Bitcoin. I believe the next coming months will be very historic once again.
Much peace, love, health, and wealth!
BITO: $41 | BTC: $63,000 Fwd Price $550k by 20224when Gold at $200 first issued an etf sometime in 2003 it's price went to $1800
that was a an 800% price upside in 7 years
in currenty times 2021 with all the technology and access to markets.. that 7 years may just be recuded to 7months or maybe even weeks
next halving is 204 around March.. and $550k BTC should be around that area
CRYPTO ETF - THE ESCAPE ROUTE FOR PROFIT??AMEX:BITO
I'm not a fundamentally based trader, however, there are times where a theoretical story seems likely to supplement the technical analysis side of the (bit)coin.
Technically: Most IPOs are pretty obvious as to what is support and resistance are after a few days of trading. Therefore, mapping out potential levels in the future become easier - especially if happens to align with large round numbers. The areas shaded are in my opinion the ONLY places I would pay attention to.
Fundamentally: Bitcoin is at HI's again, and crypto is prevalent in the news with the launch of its first ETF (paving way for others). If anyone is looking to get out of bitcoin near its all-time HI, double top, then we need buyers. These ETFs are providing the liquidity for the sellers aka the escape artists to profit from the buyers and new players into the crypto world. We may see absorption of this buying (temporarily?) before we see bitcoin, crypto, and BITO ETF suffer some.
Small moves in the grand scheme of things where you can still profit.
Just an idea....
Canadians trade Bitcoin within RRSP? Bull and Bear?Looks like all the Canadians stuck with toxic dollar=based high priced equity can buy in fake Bitcoin via ETF. Complete junk but highly tradable. For Bitcoin when the Bull is running (like now), BUY HBIT
When the bear returns, switch to cash-is-trash or BITI to go bear on Bitcoin.
Use the leverage. On this trading style we will be fairly agreesive since we prefer to be in cash since the legacy markets run on obsolete banksters hours and systems.
Move to the new world of internet money. The truth. And until there is a true physically based backed Bitcoin ETF, trade this ETF scams. Heck a lot better than any mutual funds.
THIS IS NOT FINANCIAL ADVICE - TRUST YOURSELF - VERIFY EVERTHING ELSE.
BTC Toughest Test YetBTC is looking to take out the former trend support that has held as resistance for the last 5 months. It is also fighting against the neckline of the rounded top/ head and shoulders pattern that formed Feb-May. If Bitcoin is able to flip both of these lines (Which is exactly where BTC reached before slightly dropping). Then I think we can confirm that the bull market is back in full swing. Until we flip these lines do not enter long positions with high leverage. Because we could move sideways for a couple days and then move to the .5-.618 fib levels. 51k and 43k should hold as support. Until these 2 lines are flipped I think it is best to remain neutral. Do not give in to FOMO. You can still get a great entry when bull market is confirmed.
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Couple Potential ScenariosIve just included a couple of scenarios that could play out for BTC. At this point I am pretty neutral and just waiting for something to push me toward a side. There are still some pretty bearish divergences on the 1W and 1M charts. If we do break ATH id expect 72k to come rather quickly. If we fail to break ATH we could see a couple of weeks of sideways action before falling to the downside.
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"Wall Street Bitcoin" Lovely baby chart on the 15minWell, as someone who is extremely critical of toxic Wall Street Instruments. I am impressed with this "futures" BS "Bitcoin-link" instrument of mass destruction. Fortunately, Bitcoin, unlike manipulated gold and silver commodity markets, is a world-wide, distributed and battle hard spaceship.
Gifted to us by the gods not though gold but though MATH AND TRUTH! And the charts over today's first trading day on crook street (banksters hours) shows a lovely 15 min period chart ending with a warm bullish engulfing candle. Warms my heart.
Enjoy the ride people. Trust yourself first. And verify the rest!
Notes: First date trading:
$40.88 OPEN
24.284M VOLUME
BITO is NOT an investment because it's decays with futures contract roll overs. Great swing trade position. As we break 65K, BLUE SKY BREAKOUTS to .... (TBC)