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Goldmansachs

Bitcoin Elliot wave theory + TAI have no clue when it comes to the likeliness of this drawing aligning with any future outcomes. I added some notes of my observations, for where we may be heading short term- on route to complete a medium term recovery (1-3 months). I applied some Elliot wave theory and fib retracements to further accredit trends and observations made from normal TA and patterns. It looks like bitcoin is starting to lose its bearish sentiment as seen by the broken resistance and double bottom reversal. This past pump had an extremely evident bullish divergence on the daily chart which was a strong indicator that a powerful reversal was likely. However, I don't think we are close to a bull market when considering bitcoins past value cycles, but we're getting closer to being able to say that we broke out of the free fall of sell offs. So for the next month I can see bitcoin best case scenario tapping 5300 before welcomed with a deserving correction, and worst case scenario I can see it dipping down to the 3100 level. Anything less than 3,000 in the next 3 months and I will pull out to re-enter at another sign of a reversal.
BITFINEX:BTCUSDShort
by boostedbullish
2
Decision Time for Goldman SachsThe H&S target has been reached, leaving GS at the rising trend line of the large rising wedge that has been in play since the 2008 crash. The RSI is showing that GS is oversold while the MACD is still taking a plunge. A MACD recovery and bullish cross would be a good sign. If the price closes under the rising trend line, I expect a large plunge to the 0.786 Fibonacci retracement. If the support holds, expect return to the top of the rising wedge .
NYSE:GS
by CryptoSimons
1
GOLDMAN SACHS: when a giant stumblesGoldman Sachs has stumbled and now there is much debate out there about what next to do. As usual some are shouting "enter long now", whilst others are saying "stay out" etc. For me, it's very simple i.e. I just need to wait on a favourable time frame, somewhere between 2 - 6 hourly if I'm to go north. It's difficult to go short as there could be a rebellion of hopefuls heading north anytime soon. A northward push (if it happens) could attempt to test what I see as the base of a not so well-defined head and shoulders on the weekly. The other major problem is that we are in dangerous economic times - far worse than 2008. So, GS could well head into a massive dive just like around 2008. My strategy in the short term: 1. Wait for a pulse north and follow that if it happens on a microtrend (long position). 2. If that microtrend happens to get near the base, I'll be out - then look to short. (Emphasis on the word 'if'). Longer term strategy: 1. If price goes into a deep dive like in 2008-ish probably months away, then look for favourable trend heading north, to go long. 2. Stalk for a double bottom if it happens.
NYSE:GS
by Captain_Walker
1
GOLDMAN H&S CONFIRMEDWe are witnessing a softening in the market. The Dow Jones Industrials appear to be a mixed bag. Buying blind is NOT the strategy at this point - it worked for 10 years, now the easy money has been made. As suspected, the mid-term elections have not been without incident, and investors are naturally cautious. Many big stocks are confirming bearish topping patterns - including Goldman. I shorted today, with a target below. This is telling me that the rally in the indicies has stalled for now, and an extended period of consolidation is perhaps on the cards. On the other side, we will see a bullish continuation, in anticipation of a Trump 2020 win. With that said, I am buying any low in the Dow, yet cautious for now, and net short.
NYSE:GSShort
by TheRealPeaches
Goldman Drops Trading Desk!!!! Goodbuy, I mean Goodbye.. BitcoinCheck out this news on Bitcoin today Sept. 5th. All credits going to CNBC. Goldman Sachs did NOT settle for the price of Bitcoin. Like I said... too expensive for banks. Retail traders will settle for anything. Not a Investment banker that has back to back months of winning trades for years. Maybe GS will come back to the table at a better price like $1100 or under $1000 a Bitcoin. We may get some bullish months when Bitcoin reach $2500 I hope.
BITFINEX:BTCUSDShort
by AlphonsoElliottJr.
27
GOLD LONG-TERM ANALYSIS TO CONTINUE 'SHORT'Looking at the long-term analysis on the 1W view of gold, it looks like it is headed downward still. At the moment it is on a retracement up and not to be confused for trend reversal as i do not believe market is reversing just yet until it hits either/both of the 2 horizontal lines in my chart. 1st yellow line at 1130.71 here on tradingview 2nd yellow line at 1056.57 here on tradingview As platform prices may be different, I suggest setting alerts for both lines here on tradingview and once the alerts go off, then you know it is time to look into going in on whatever platform you trade on. Please remember to look at what indicators are telling you if you can understand some, as they would likely help you determine a suitable entry point. Also, do set stop losses but be generous with how much room you allow for this due to candle wicks and there is also the posiblity to hedge yourself, for more confident traders imo -0.06% . All comments and questions welcome, if curious about indicators I use then feel free to inquire.
TVC:GOLDShort
by Dani0
5