I do not think the cable can hold its position for much longer. I’m expecting a lot of choppiness whilst the cost of living crunch is in focus and inflation is such a focal point. With an expected “EU Law Bonfire” and the Northern Ireland debacle, I don’t see any positivity anytime soon. I appreciate you reading and please, help me increase my reputation so I...
There's a lot of talk about how big companies are getting in so it must be time to moon big. That's not how these things work and I would like to remind you guys that big companies can afford to to take big swings down - don't get too bull happy, markets cycle, especially healthy ones! This year has been amazing for bitcoin and trading - BUT! If you're trading -...
There's a good 50pips scalp potential for day traders. If you want to play safe, wait for the triangular diagonal contraction for a sell position with much better risk reward and confirmations. Long or short, you choose. :)
Here we go, the 4hr candle was green and now has turned red in it's final stages. Will it continue on it's red trajectory? I believe it will and BTC could be heading to $6600 just days away now from the 6th? More to come... Not Financial or psychological advice.
This is an update to my idea "Time Machine Update" link below. Breaking the previous high of 583 the yellow horizontal line of resistance is important to seeing 622 in the near future. I am holding a few ZIL for long investment not a trade. I'll hopefully not make another ZIL chart until April. ;)