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Leverage

SNX update: Using Chaikin Money Flow and the Keltner ChannelsFull disclosure: I am long SNX with a current holding of 3,042 tokens held on the Celsius Network. I am currently grandfathered in and still earning 14.05% APY despite the recent SEC ruling inhibiting non-accredited US investors (like me) from earning interest. Libertarian here, so I hate big government. Anyway, recent SNX price action continues to plod in the direction we like. Looking at the CMF (Chaikin money flow- green line below), it appears we are seeing a renewed interest flowing into SNX. Always a good sign. And the Keltner Channels show a robust upward trend. Currently, SNX is staying safely within the upper band of the KC, not overextending above nor dipping below into the lower band. This is VERY bullish action. May it continue. If you like this idea, please feel free to comment or read my other ideas to stay abreast on SNX. -- Garry
BINANCE:SNXUSDLong
by tg-l
Bitcoin Bullish ProjectionRed lines: resistance levels Green lines: support range Yellow Dashed: Range that I believe will make the bounce / reversal VPVR on the left for better display of resistance / support levels Circled points: Similarities of L shape formations where Bullish Rally followed. Based on the VPVR and the repetition of the circular formations, I make the bullish projection for the price of bitcoin after the end of the bear wave (-15% ~ -20%) from the rejection at $ 48,000.
BITMEX:BTCUSD.PLong
by Gentas_VIP
two paths for nasdaq futures (TQQQ)in reality the tech boom is to blame for this correction. if we werent in such business with the market weight we are currently there wouldnt be a need for the drawdown in buying that we are. this could obviously co tinue, but my bias is still long after the current contraction and retracement. divergence from vwma, rsi and qqe signals strategies are long, and i have to say that the weekend looks promising as long as we stay away from negative headlines. the conflict is mostly priced in and xlv, xle, xli, utsl having a good day in relation to the rest of the market moving down shows healthy rotation, and does not spell a crash. defensive sector stock will accumulate and prices in tech will move up.
NASDAQ:TQQQLong
by cerealcharts
What are the Leveraged Longs doing in Bitcoin?One of the most interesting things to develop in Bitcoin last year during the summer dip to 30k was that leveraged long positions inexplicably rose as price consolidated. Under normal conditions traders tend to chase returns and increase leverage as the price rises. This was typical of the first half of 2021 as Bitcoin pushed to higher highs. It would follow that on the May 2021 dip leveraged longs would be liquidated, sentiment would become less risk on, and leveraged longs would decrease. The opposite happened. Leverage increased and continued increasing through the dip and further into the consolidation. At the end of the consolidation when price rallied the leverage began to evaporate away suggesting it was being closed out. At the time this was happening last summer I saw a major structural weakness in the price of Bitcoin if price broke 30k as it would jeopardize the leveraged longs being liquidated into a major crash. I gave a talk at a local Bitcoin meetup titled "Do they get to win?" insinuating that this was a risky move that could end badly. Turns out, they did get to win. In hindsight I have a new take on the event. The leverage was coming into the market to support the price and keep it from falling further. Now, when I revisit this indicator I see that leverage is once again increasing rapidly into a falling price. It is not just "buying the dip" but in my mind "supporting the dip not going further." Do they get to win again?
BITFINEX:BTCUSD
by norok
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