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SPY will pump 430, Bullish Divergence, and Pattern repetition400 is undeniable a psychological level and to not expect a bounce here would be absurd. Get your calls ready we pumping to 430 as we already broke out from the 3rd wedge, We will have a normal bear market rally, and finally break 400 confidently when conditions are not gonna show us to be oversold. Remember it's notjust humans trading, algos do most of the trading, they will cause a bunch of margin calls by short squeezing. CALL to PUT ration is extremely high. Anyway peace I got my postions. 430 is last time you'll be able to get out at the top, after that all hell breaks loose. Sell your garbage crypto lol
AMEX:SPYLong
by CryptoTradingMania
5
37k & liftoffTraditional markets taking a dive since the Fed spooked them with tapering. BTC decided to follow per usual. This idea here is based on my "Holy Grail" where each cycle touches a distinct point exactly in the middle (log based 0.5 fib) which, by definition, points to a 1.0 fib that's much higher (250k). When the market reversed in July, I thought "maybe it was close enough (4% off) & we'll see the parabolic moment begin. It sure looked like that, and nothing is off the table. In the event that we see this 0.5 fib touch (which is around 25-27k based on my predictive 1.5 fib), we may see this in the form of a pennant such as we did in 2017 on the way up. Before that, however, I find it interesting that we have a sort-of "Running Flat" ABC wave forming similarly. This would put us at 37k before retracing to the 0.786 or so (alt season anyone?!). Who knows if this is how it plays out. Who knows if it reverses here & goes parabolic. Who knows if it goes to 10k. All I'm saying is that if you look at my last video which I will link in related ideas, there's something going on that seems "programmed". I can say with 99.99% certainty that we won't see below 25k & if there's ever a time to get into the market, now is definitely not a bad time considering where all things point to (minimum 140k). Who knows when, though... See "Holy grail" for a text description and see "200k-265k Cycle Top" for a full description (20minutes)
INDEX:BTCUSDLong
by Ungovernable
COIN - LOL, so wrong §8-) So funny the comments I get sometimes. For example, one was. "LOL, so wrong". What does such a comment tell us? Well, this Trader has a lot to learn. For example, that it's not about wrong or right - right? ;-) However, he's right...for now...ummmh... And that's OK. Let's see in which direction this loading "Battery" does unload, until the massive Pump in the market is over. Pump? Yep, Pump! Fund managers want to cash-in their bonuses at the end of the month/quarter. So they recklessly pump the market higher with money from their clients, giving a shit about if markets dump afterwards and clients loose their money. It's always, always the same Game. Now what about COIN? Watch how the S&P was pumped, and in contrast how they pumped COIN. Similar pattern. But maybe COIN shoots to the moon when Cryptos reaching for the stars in a couple weeks or months? I dunno....and the best of all, I don't need to know, because I just play the odds. So no need for Ego, no need to be right. A well hedged portfolio, in the long run, is always "right"...right? §8-) Love you all, also the LOLs #sowrong
NASDAQ:COIN
by Tr8dingN3rd
12