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Higherhigh

SPX's RSI with out bias or emotions, just this indicator.Everything is possible, but with all else equal we could be going up. RSI has been consolidating for over 65 days for a major move up/down. The only thing is kind of scary right now is Covid -19 or lock downs to fight it. With out these two points it could be for the Bulls to get control here. It sounds unreasonable with overbought indicators and over valued fundamentals but we could be still in wave 3 Elliott wave or this is a Bulls trap and we crash : -). wish you the best.
SP:SPX
by samitrading
2
Elon Musk Buys Bitcoin!!! Get Ready for Mars — The Elon effectPaying for Tesla products via bitcoin Brand merge company with Bitcoin — vanguard for Bitcoin — Businessman and women have been coming out in doves supporting Bitcoin. However, we are yet to see major retail companies taking payments in Bitcoin or Altcoins. If the Elon’s empire integrates with Blockchain he might create a whole wave of revolutionized payments. SpaceX took Buying Bitcoin on when Support of Bitocin and Elon’s mission go back with popular names often question when this investment was going to happen. Tesla’s new expansion into the home power and HVAC sector shows the range of products they are considering. In the decades to come, I see a fulling powered by Tesla Lifestyle. Why be surprised if you pay with Bitcoin? “We think of bitcoin like internet gold,” Cameron Winklevoss told Portnoy in a video that’s been viewed over 500,000 times on Twitter. They went on to say Elon has spoken about needing a payment system for space — Coming from the creator of Paypal it’s the biggest validation you could ever want. “Bitcoin is a safer bet than gold due to Elon Musk’s to mine the precious metal from asteroids.” Cameron Winklevoss told Portnoy I can’t give official advice as I ask for you to make your own decisions based on your own research. My thoughts Waits for the hype to calm — Once we reach $42,000 I see the price making a blue sty break-out to $50,000. There is a line of support at both these prices that signal for a bullish deviation to break the current highest price. I am long in Bitcoin. Personally, I see the value of bitcoin as a potential store of wealth for me to invest in my business. First time I bought in 2017, seeing the 2018 hype now I see a serious future to the currency. As companies accept bitcoin in retail, the demand will grow and those with supply benefit form their position. The Great Re:Set is something I have seen from The World Economic Forum and other international bodies. No one seems to know whats this means. However, it is clear that a shift is coming. Futureproofing for this with a decentralised blockchain is protection from this. I feel that Elon has seen; what’s happening with the price of bitcoin, The Fed printing dollars and the Lockdowns slowing economies worldwide. Payments are going to change soon and blockchain seems like a more and more valid option. Thank you for getting Here
BITSTAMP:BTCUSD
by merlin.headington
1
CHFJPY Weekly AnalysisCHFJPY is about to gear up to test the high of the year 117.800+. Price is testing a VERY key area for this pair, which it hasn't been in or around since August. This week i'm expecting the bulls to continue until price reaches at least 117.915-118.000. Price previously topped out at 117.883 which then after price tumbled down to 113.274. Price has now engulfed the last high that happened back in October which is circled, and looks like it has picked up strong bullish momentum. Lets see what unfolds, goodluck to you all!
Long
by lobfxempire
PEN $297 Target (30%+ Gain Opportunity)PEN is on an upward trend as seen with the three sets of Higher Highs and Higher Lows. We are in the midst of the 3rd "Higher Low" right now. It will likely fall somewhere around here, so right now is the perfect entry point. I set a Stop Loss around $183.55 because this is the low point of the previous "Higher Low." If the price falls below this point, the upward trend will end and the pattern invalidated. When we begin progressing towards the target, I will move my Stop Loss to be breakeven. I've used the previous bull runs as a measure for predicting this next one. They estimate the target to be around $310-$320 before there is a new "Higher Low." To be safe, I've placed my target at $297 (before the psychological resistance of $300). I am unsure whether I will take some profits at $297 (and leave most of it in) or if I will take it all out. Theoretically, a surge past $300 could create an opportunity for an even bigger bull run, but if it rejects off of $300, it could potentially end the upward trend.
NYSE:PENLong
by trufeats
2