Wallstreet
Bitcoin to Enlightenment - Dive In Pt. 2Btc doesn't have to be perfect it just has to work
US Fundamentals:
Repo markets pumping 120B into US toxic assets
124.000 homeless people living in California alone
Active Fed Rate Cuts - 7.50%
Housing Bubble
100.000 Job Layoffs
Hong Kong & India Global Bank Closures
Protest/Riots All around the world around the same time
Bullish Sentiment:
10.7M Btc Currently Circulating
7M Loss forever - misplaced hardware and forgotten passwords
18th M Mined
1.6M in exchanges
China Accepts Blockchain
Europe Accepts Blockchain
Dubai Accepts Blockchain
Bitcoin & Blockchain Education is part of the School Curriculum (Nov 1st, 2019)
Fun TA Tip:
When a Long Leg breaks and prints over a resistance trendline there will always be a short leg to a pullback before the next push to the upside its only (MATH) Fibo's and Measurements.
For the Bitcoin Bear Retards:
look at May 30th, 2019 (yeah it's not going to happen) whoever says bitcoin is done those (you) inbreds must realize that the wealth distribution is a factor, and that 95% of the world still using the USD as a reserved currency which is bear trap and only 0.8% of the world trades bitcoin whoever moves the market negatively is bitcoin bears with USD capital trying to hold a Fiat that's going to lose its value after Not QE4EVER (Inflation) Good Luck
P.S Us Millenials are Fucking taking our world back (Electric Cars, Charitable Liquidity, Decompostable products, Decentralization, and Self-Governance
DJI update: fake news and almost free money. The DJI is approaching an all time high of about 278400. This market has become pretty volatile mostly at 30 - 50 minute charts.
Although the DJI is pushing north madly, it is a market that is being moth eaten. It's instability is likened to a Jenga tower. The instability is also seen in trend switches down to the 5 minute level.
GBPJPY LONG BIAS TO 141.70REASONS:
-Monthly Timeframe candlestick is bullish
-Weekly Timeframe candlestick is a bulllish doji with seller exhaustion (wick at the bottom of candle)
-Daily Timeframe candlestick is bullilsh and the previous 4 candlesticks have sellers exhaustion (wicks at the bottom of candles)
- Lower Timeframes correlate with higher timeframes
My Purpose:
I am executing projections and trades that create generational wealth for myself and others.
Sidenote:
Always optimize. Your phones and PS4s update themselves , make sure you do that with your life!
Learning & Applying PRICE ACTION is key. Learning & Applying PSYCHOLOGY is the lock on the door !
GBPAUD LONG BIAS TO 1.90000REASONS:
-Monthly Timeframe candlestick is bullish
-Weekly Timeframe candlestick is showing sellers exhaustion (wick on the bottom of candle )
-Daily Timeframe , the past 4 candlesticks showing sellers exhaustion (wicks on the bottom of candles)
-Lower Timeframe correlating with higher timeframes
My Purpose:
I am executing projections and trades that create generational wealth for myself and others.
Sidenote:
Always optimize. Your phones and PS4s update themselves , make sure you do that with your life!
Learning & Applying PRICE ACTION is key. Learning & Applying PSYCHOLOGY is the lock on the door !
Dow Jones: 5H Golden Cross points to one last High.DJI has been trading inside a 1W Ascending Triangle (RSI = 55.808, MACD = 272.600) since June and is now approaching the 1W Resistance. Currently the Golden Cross formation is emerging on the 5H chart and based on the last 3 times that pattern printed, the price made at least one more High.
In January 2019 it made another three Higher Highs, in June again three and in September one. That leads us to expect at least one more High which could be lower than the 1W Resistance as since July each High is slightly lower than the previous on the 1W time frame. As a result our target for this is 27,250. If the index breaks below this week's bottom then the pattern is invalidated and you should be ready to close your position.
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WALL STREET (DJI) - IN CRISISBRACE! Anything can happen in the next few days. The DJI is at a critical zone on the weekly. 'Everybody' is waiting for more QE and lowering of interest rates. In other words the FED is likely to blow the bubble even harder.
But there are crises in the bond markets and currency markets that weigh on this market. So fear is not just about stocks in the market itself.
Disclaimer : This is not a recommendation or encouragement to trade securities. Your losses are your own.
Bank Of America (BAC) Calm Before The StormBank Of America has been on a rise after the 2008 US Stock Market crash. No coincidence as many US companies have been rising since then. This is not an excuse to get off track and believe all is good now. If you take a look at the bigger picture, you can see this company has had a decline soo huge, even the attempts to pump the value back to pre-2008 figures has been failing. There is still much to go for the rise before this stock can become stable again. It will need to take a wild spike along with some sort of unimaginable great news to spike prices back up that high to over $54.00/share. With that being said, I will stick to my technical's and as of now it is bearish. The chart along with my own technical analysis should explain the rest to the crowd. Just be patient and avoid greed in these times of uncertainty. I am prepared to go long if price signals me to do so, but my overall bias is short.
DJI -Wall Street - collapsesI had flagged that the DJI and NASDAQ were in trouble some time ago. I told everybody to 'GET READY'. Some were hypnotised by POTUS's assertions that the American economy is doing "fantastically well". Yes he said so and I have the reference.
The data on ISM that triggered this plunge/correction was not brand new information at all. It's only because the ISM release went viral that there was trouble. Anybody who was anybody who was looking at non-mainstream media would have known that manufacturing and lots of other things were troubled in the US economy. Some haven't even taken note of the $23 Billion in debt as yet.
Others were punching the air about low unemployment figures - which were fake. Yes fake - because they were revised down weeks after the markets had pumped north (and nobody took notice of reality). The true unemployment rates are much lower, and when that goes viral there will be even more trouble.
Just to be clear - contrary to Mr Trump's opinions - the DJI is not the 'economy'. It is sentiment about 'the economy'. Right if you don't here from me again, it's because I've been locked up in an American gulag, for disagreeing with POTUS. LOL!!
Disclaimer : This is not a recommendation to trade securities of any kind. Trading is a high risk activity, with 70-90% of all traders consistently losing money. Your losses are your own. Sue yourself if you lose your money.
US30 - Market Crash Cycles | Indices | Macro Trends*Please support this idea with a LIKE if it helps you. Thanks!
More details about me in my signature.
US30 has been labeled within a Grand Super-Cycle degree wave V (blue), which has been unfolding ever since the 2009 bottom, when the Recession ended.
Structure - Bullish Impulse
2009 lows and up until Apr 2010 highs - Super-Cycle (I) (green)
Apr 2010 highs and down July 2010 lows - Super-Cycle (II) (green)
July 2010 lows and all the way up until Oct 2018 extreme - Super-Cycle (III) (green)
Oct 2018 extreme and sharp drops until Dec 2018 - Super-Cycle (IV) (green)
Super-Cycle (V) (green)
Pattern - Reversal Motive Wave
Sequence - 5-Wave Sequence within an Ending Diagonal
Current Position
Cycle Wave I (black)
Next expected swing
Bearish sequence in Cycle Wave II (black)
Market Crash Forecast
Support granted at or around the 25000.00 mark and then a huge rally towards the 28500.00 levels, where Grand Super-Cycle V (blue) is expected to complete.
Super-Cycle Waves (A)(B)(C) (red) would reflect the next Larger Degree Recession.
Structure change
Breach of the 25000.00 levels could lead towards a prolonged corrective structure and a Market Crash already starting.
DJI - GET READY!What's moving this market north? Like the Fanny Mae fiasco back around 2008, the 'implicit guarantee' is at play. Go read up what that is about. In essence this is about an idea that the FED will bail out big corporations. The top industry analysts can find nothing of real substance in the fundamentals to move the DJI (and S&P) north.
I explore the 4H and 1D time frames for opportunities to short. Make no mistake, nothing I do or say is a prediction. All my analyses are probabilities based. I look carefully at price action and I am not tied by what indicators are telling me.
Disclaimer : This is not a recommendation to trade securities. For every estimate of probability north, there is a residual probability for the south (and vice versa). If you lose your money sue yourself.
APPLE TO ANNOUNCE NEW iPHONE 11 Hi friends, so today i just wanted to give a quick technical analysis of the Apple stock as they announcement the new iPhone 11 on 9/11/2019. to begin with, we see that the stock created its support at 142.23 in the beginning of January 2019, then made its high of 215.47 in May 2019. The stock then retraced to 0.618(61.8%) also know as the golden ratio in June 2019, At this point it began what we assume is the wave 3, which i normally the longest wave. currently the stock broke its previous high of wave 1 and made a retracement of 38% at (ii). we expect the stock to continue its uptrend. Our first take profit is at resistance level 223.67 and TP2 is 256.42, stop loss is at (ii) 192.00 respectively.
Please comment and share your thoughts.
I am a Certified Financial Market Analyst.
Thank you!