FUN
The biggest threat waits us aheadYear over year the dips are deeper and deeper 🌊
You can see how it was increasing linearly from 2018.
OTOH the overmaximum was increasing exponentially❗
📊In general the price moves in the divergent triangle, which symbolizes the increasing volatility.
And this volatility grows dramatically🔻🔻🔻
This time the correction was small, and we've reupdated maximum very quickly.
Despite, the growth is overflooded 📉
Yet the bigger (and probably the biggest) ambush still waits for us ahead...
🎃
Ironic whale Bitcoin Literally, whales jumping in on Bitcoin.
This is not an analysis of any sort. Was using the Polyline tool on another pair and thought I would try it on the highs and lows of Bitcoin.
Too much time on the charts! that's the issue.
Anyways, a little bit of fund I found Ironic!
All you need is a smile!
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
Bitcoin going to 6 million?this graph is just for funzies, so don't take it too seriously, but it is pretty cool how the 1.618 fib is lining up with our current situation. So, who knows? at 6.4 milli per BTC the market cap would be 134 trillion if I'm not mistaken, so that's food for thought as well..
IRBT - Month chart study continuation from my first post todayWe had our last cup and handle on the month chart and the continuation of the rise was stopped by COVID. Now we are in our second cup and handle. This handle is huge. I believe that this stock can finally see new ground....unless robot vacuums are unfriendly to the environment...haha :) We are going to continue up for a bit but watch for a pullback.
Potential good trade?Exotic markets are risky, but I see good indication on this one. Not risking crazy amount, but I put in my trade at 8.59. Looking to take profit on the way up. I would honestly wait to trade until the 1 and 7 day moving averages cross, as it seems to be a strong indicator on this chart. At around 9.00 I expect a continuation of the down trend. I will still be watching for the next indication for that as well. Lets see how it goes!
Remember that one time?I told you guys I liked funFair and wrote about it? Check it out. If we get above .03, we could go to the ATH's again.
Hope you all loaded up.
-Sherem
FUN about to explode? I am having lots of FUN since 18sats.
FUN move is growing up every week since 1Jan.
I think this a very similar situation to ETH against BTC (link below).
Lets see what happens during Feb and March.
If FUN can break 90sats, it will grow like a rocket.
BITCOINASAURUS PATTERN READY FOR 40k$ 🧙♂️The BTC idea we posted on January 12th has perfectly followed the path we predicted! Now it's time for a small correction and we're going to ride that dino pattern back to 40k$.
P.S This drawing was stolen straight outta Louvre!
Disclaimer: Hope this doesn't offend anybody. Post simple and quality content and help others out, that's what the TradingView is all about! ( rhyming :) ) That's exactly what Investroy was trying to do from day #1, but sometimes trading is also about fun. We wish everybody a nice and successful week of trading!