Bitcoin (BTC) Falling Wedge Institutions Still BuyingSince Bitcoin hit an all time high of $42,000 it needed to slow down and simmer. We we briefly formed a symmetrical triangle only to break down into a falling wedge pattern. Wedge patterns can signal either a positive or negative price change. In Bitcoins scenario a falling wedge would be considered a "bullish" pattern. Of course we need to wait for a breakout of the wedge and an increase in volume before we're out.
In a worse case scenario we break down to the $19,000 - $22,000 levels but I'm sure Bitcoin at those prices would get swallowed up instantly.
Institutions such as: MicroStrategy Inc, Grayscale Investments, Square Inc (Cash App), Paypal, Pantera Capital, Skybridge Capital, and ect... Have all been accumulating Bitcoin around these current price levels and I'm sure they'd love to buy panic selling at $20,000 even more. I know I would too.
For most of these institutions accumulating Bitcoin price is completely irrelevant. What matters is how you own.
The fundamentals for Bitcoin have never been stronger. The overall trend is still positive and you have a line of financial institutions waiting to fill their Bitcoin bags this year more than ever before.
Much peace and love. Cheers!
Hedgefunds
EURUSD SHORT LOOKING FOR AA SHORTER TERM SHORT ON EU, SWEPT HIGH MAY RETURN FOR LOWER LIQUIDITY AND ODER BLOCKS, CAN SLO SEE A PUSH HIGHER AND SWEEP OF THAT LEVEL WITH EVEN A POSSIBILITY OF A SIGNIFICANT PUSH HIGHER IF BOTH FAILS OR INVALIDATE OPPORTUNITY. WOULD LIKE TO SEE A ROLL-OFF WITH MORE CONVICTION HOWEVER, SO IF THIS WAS TO TAKE THESE HIGH AGAIN I WOULDNT BE SURPRISED, (LOOKING TO LIMIT RISK ASAP) YOU DONT CATCH THEM ALL AND ILL BE MONITORING PRICE IF THAT HAPPENS
EURUSD SHORT SWEPT LIQUIDITY FROM HIGHS, POTENTIAL SHORT FILLING IMBALANCES AND MITIGATING ORDER BLOCKS... RALLIED FRO YESTERDAYS LONG ON EURUSD DESCENDING CHANNEL, FOLLOWING DAILY DESCENDING CHANNEL WITH WYCKOFF DISTRIBUTION AT THE TOP OF THE CHANNEL, FOLLOWED DOWN BY TREND FOLLOWING MARKDOWN TECHNIQUE
DONT TARDE AGAINST THE BANKS !!Another aggressive short following yesterdays
short after the liquidity grab, we saw yesterday
on GBPJPY.
Bat pattern forming allowing entry into short
position to potentially fill the imbalance from
the bounce up yesterday and potentially
looking to hold down to sweep the liquidity
from the lows at 143.014.
Hide your stops!
For more info head over to Youtube..
Max Cornwell How to TRADE LIQUIDITY
Projection off of Vol Candle x100 Tezos potential ETH DominanceLook at the massive accumulation candle from the March 2020 Dip! That's a lot of buying power.
I'm generally bullish on any coin I believe has interesting and groundbreaking technology. Sometimes I am right and sometimes I am wrong. I know the space is crowded, but so is The Nasdaq.
I really like the Tezos set up for a massive bull run potential.
This is not trading advice.
BLU Still A Lot Of Ground To Cover But Institutions Are WatchingBLU afterhours runner on Friday. Just cashed up a cool $40 mil. But the institutional positions could be a thing to monitor closely. Such a blown out penny stock now getting some attractive institutions posting 13's
" After the closing bell on Friday, BLU stock jumped from a close of $2.45 to after-market highs of $2.79. Something else to note is that a 13G was also filed Friday showing Steven A. Cohen’s Point72 Asset Management, L.P. holding a position in BLU stock, in addition to OrbiMed Advisors. With institutional interest growing in BELLUS, will it be one to watch, moving forward?"
Original Quote Source: 5 Biotech Penny Stocks To Watch With Recent & Upcoming Events
gvt glimmer of hope3 interesting observations on the weekly $gvt chart:
1) obv/ macd for first time ever is above mean (blue arrows)
2) bullish divergence on #obv (yellow)
3) #ichimoku cloud has flipped green and rising
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gvt needs a miracle heregvt seriously needs a miracle here.
monthly needs to stay above the POC so need buyers to step in asap, failure to do so will need to reclaim another time.
the recent pump and dump was straight into the monthly level when gvt first listed on binance after the ico.
for party time with gvt a monthly close above 1800 (HVN & monthly level) is key for gvtbtc, accumulation here before passing the mid bband and then some fun will begin.
not much between here and zero, would be weird to see it delisted seeing as it is genuine working and proven product, but no one is here for the tech ;-)
DAX Has More Upside Potential! BUY GER30 Hi traders we have another contraction and expansion strategy here with 5 triggers and the final one has been completed with a pull back to 61.8 Fibonacci retracement after yesterday's rally and we are seeing the market now on the verge of resuming it's recovery after the huge drop we had during the COVID-19 period and I think there's a very good chance that we will see an upside move in the next few days!
Good luck and good trading guys
Algos decides to Buy AMAZON COM INC with probability of 90%in the next few days we will see an incredible explosion in the amazonian markets, there is a 90-93% probability of reaching 2689.71, so I really advise people to buy the stocks now with 2/5 in their portfolios.
I am an expert mathematician in algo trading.