CAT, BUT NOT THE MEOW KIND, MORE THE PLANET KILLIN' KIND. At some point climate might matter with this stock, idk.
Are they doing EV?
I haven't done much fundamental research.
Trends marked. All support. All end up taking the price in a bearish direction.
Meaning we may have seen the top or will be seeing top on earnings.
There is a potential scenario where it breaks out on the underside of a trend and move to 400, but it's the least likely of the possibilities.
More likely, we break down into that 250 range and maybe even 150.
everything is pretty clearly marked.
As trends break, they will likely become a rejection trend.
Sell targets in blue
buy targets in red
Tough
Tough BTC marketSo BTC broke out of the 44k range and retraced back. Weekly closed below 42k resistance. So far bearish picture. Daily close above 43k would be first bullish sign worth a bid. Until then waiting for big weekly support at 32k. Currently the market follows stock market and this chop is PVP battle. Trying to trade low time frames is suicidal, at least for less experienced people. Safest thing is to look at the bigger picture and wait.
Bitcoin: A failure to reach $51k will break the Bitcoin Cycle Hello traders! Bitcoin is in a crucial stage of the Bitcoin Cycle(read my post about it, link below). I will explain why, and how it will affect the prices of Bitcoin in the next coming days.
If you are new to my TradingView account, The Bitcoin cycle interestingly calls a top every 53 3-hour candles, or 6 days and 15 hours. Every 53 periods, the chart forms a support/resistance horizontal line(green in the diagram). I also will add something part of the Bitcoin cycle that the angles from top to top are almost always about 18 degrees.
Based on the 18 degrees from top to top pattern, the price should reach 51k before the Bitcoin cycle calls another top. But there are key differences from other Bitcoin cycle pullback events:
1. This pullback lasted much longer and was the steepest pullback since the Bitcoin hype.
2. Because of number 1, it will take a tremendous bull force stronger than before to reach $51k levels. Before the Cycle calls a top.
3. Overall Market Sentiment tipped to the bears for the first time in the Bitcoin cycle because of the 10k pullback.
4. EffDI(my indicator, link below) plunged below 0 for the first time in months.
This would indeed be very hard to accomplish. But this pullback seems like every other Bitcoin cycle pullback. Just don't worry. Let us just see what will happen next. Will the bitcoin cycle live, or break? Tell me in the comments.
Thanks for reading! Don't forget to like and follow.
When god throws you apples!make cider or it will turn to vinegarIt's going to get tough over the coming next weeks.. also today apple announced they bought out Startup Mobeewave for $100m so to turn iphones into payment terminals and compete with Square.
Imagine this: they will become a financial institution sooner or later as well as your personal doctor. Think about it... they will measure your vital stats and grant you a new loan... or change your insurance cost...
This company is by far the best on the world!!! just trying to find out short-term momentum nothing else..
EURAUD (4H) - TOUGH ONE.Everybody likes it simple. Well, this is a tough one.
As I promote radical transparency in trading, I'm also showing the reality - how difficult it is in making trading decision, and controlling loss. It is a waiting game, and about avoiding FOMO. Those who do not know what FOMO is, should stop trading instantly.
There are losses involved in this position - which are your own if you enter short now.