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Wtf

Doom and gloomUuuhm.. Is nobody noticing this like at all? Patternwise doesn't that look like pretty much the worst thing in the world? I don't know much about the fundamentals of american economy (or about economy in general lol), so maybe everybody is just relaxed because of reasons that i don't understand, but from a pure TA point of view looking at the chart, shouldn't you be crapping you pants at this point as long as the S&P 500 doesn't break that line of resistance decisively? Granted if that huge pattern gets violated and nullified with a break to the upside these levels could be amazing entry points to a mega parabolic year long bull run in US stock markets, but as long as it is still not really escaping this huge bearish pattern, aren't you guys even a little scared of this huge ancient 30 year old resistance line??
SP:SPXShort
by jambalulu
Brink of War?The charts never lie.. Conflict between the West and Iran is brewing.. German jets go down an the media spit out instantly that two high tech military planes crashed into each other (yeah fucking right).. as certain parts of the internet go down (cloudflare and other services). Oil attack after Oil attack.. Digital attacks on Iran already targeting military objectives. S&P500 looking weaker and weaker. Bitcoin has been running parabolic for 3 months straight now. Lockheed Martin about to break out (military contracting/high-tech weaponry defense company) ~ most likely due to Iran tensions / Brink of War? Gold is absolutely surging now, which I've been saying to watch since Q3 2018. Gold runs during time of uncertainty, usually while S&P500 finds its triple top and retraces. It's like watching a horror story in slow motion. The US war machine is in a trade war with China.. Iran is China's biggest exporter for Oil. Economy looks fucked. Don't get into too much debt hey? There's a reason banks are barely lending at the moment.
NYSE:LMT
by The_Paradoxed_Prophet
Bitcoin - WTF is going on?OK, call me paranoid, but anybody that has followed me for more than a minute knows I call the patterns early. I call the breaks early. I called the bottom early. I tend to panic early. Now, that being said, WTF is going on with the Bitcoin shorts the past few days or more? The Bitcoin price keeps plowing North but the short positions continue to climb. What? Nobody is going to cover? How much pain can these people take? Or..... is there something more nefarious going on? We know, or at least I know, that the demand for BTC is HUGE worldwide. Do the exchanges have enough BTC to fill all of the orders or are they selling short to fill the buy orders hoping to cover later? I don't know. All I know is that if I was short a thousand dollars ago I would have covered so fast we would not even be talking about it. I really am puzzled at to why the Bitcoin price continues to scream NORTH and yet there is no indication that anybody on the short side wants to cover. Are you that cock sure of your position that you will continue to take an ungodly amount of pain? I don't think so. I've been there and done that. Cut your loss and run is the order of the day. But that does not appear to be what is happening. Bitcoin goes up, the open short positions go up. Bitcoin goes up, the open short positions go up. Rinse and repeat. This has been going on for quite some time. My answer? I have removed ALL but about 10% of my long BTC position from the Exchange. If the shit is going to his the fan, I'll be dam if I'm going to stand in front of it. I am STILL long, will remain long, and ALL but 10% of my Satoshi are safely tucked away under MY control. If anybody has a good explanation of this situation I would love to hear it. BBS Out!
COINBASE:BTCUSDLong
by BitcoinBearSlayer
20
Bitcoin - What is going on with the Exchanges?OK, call me paranoid, but anybody that has followed me for more than a minute knows I call the patterns early. I call the breaks early. I called the bottom early. I tend to panic early. Now, that being said, WTF is going on with the Bitcoin shorts the past few days or more? The Bitcoin price keeps raging North but the short positions continue to climb. What? Nobody is going to cover? How much pain can these people take? Or..... is there something more nefarious going on? We know, or at least I know, that the demand for BTC is HUGE worldwide. Do the exchanges have enough BTC to fill all of the orders or are they selling short to fill the buy orders hoping to cover later? I don't know. All I know is that if I was short a thousand dollars ago I would have covered so fast we would not even be talking about it. I really am puzzled at to why the Bitcoin price continues to scream NORTH and yet there is no indication that anybody on the short side wants to cover. Are you that cock sure of your position that you will continue to take an ungodly amount of pain? I don't think so. I've been there and done that. Cut your loss and run is the order of the day. But that does not appear to be what is happening. Bitcoin goes up, the open short positions go up. Bitcoin goes up, the open short positions go up. Rinse and repeat. This has been going on for quite some time. My answer? I have removed ALL but about 10% of my long BTC position from the Exchange. If the shit is going to his the fan, I'll be dam if I'm going to stand in front of it. I am STILL long, will remain long, and ALL but 10% of my Satoshi are safely tucked away under MY control. If anybody has a good explanation of this situation I would love to hear it. BBS Out!
BITFINEX:BTCUSDSHORTSLong
by BitcoinBearSlayer
* Sell * The * News * Currency markets are convinced that Brexit won't happen after the most recent voting in Parliament. Parliament doesn't like May's deal. Fair enough. But Parliament also doesn't want no deal. Okay then so what exactly is it that Parliament wants? We are increasingly approaching a situation where the UK accidentally crashes out the EU with no deal set in place. Given the recent speculation that all will be fine, I wouldn't be surprised if price action trends bullish and then reverses dramatically when we come back to reality.
by WhiskeyTangoFoxtrot3
I created this a while back but its playing out oddly I made this one after the drop to 3150. I took into consideration what another ta had predicted being the bottom which he calls for 1800 or 1100-1300. So I put a bunch of fibs in and used the first capitulation bottom from the ath as the top of my fib retrace and brought it down to 1200ish. Blah blah blah. Really I have no idea what I did anymore because there are so many fibs. I even drew in pen on how I thought it would play out. Not right at all. Maybe if I knew how to elliot wave I'd be able to figure it out better. What HAS surprised me is how well this is following fibs so far and how its respected the purple dotted boundaries I had set up. All this being said, I have no idea what will happen next. Looks to be a critical period. A convincing breakout and I'll probably buy some corn and get rekt. Looks like a big drop though if it all goes to heck but the apex doesn't go to 1200 so I guess it will have to really fall out hard. Again, I dont know squat but somehow this clusterf is working! Yay me! This will be fun to watch. Wouldn't it be cool if I was like bitcoin rainman and didnt even know it?
COINBASE:BTCUSDShort
by drchimps
A "Dickline," confusion, and contradictory press,MoneylaunderingI hope this is a gaffe or joke: the headline in the queue reads "Bitcoin undervalued by 34k according to infamous Dickline." If not, that's the intelligence we are dealing with in the crypto press. I have gotten used to it. Joking aside, in the circles appears to be a death cross followed by a golden cross?? I'm learning as I go so please feel free to help me out here. Bitcoin lingers in a place of little demand, and little desire to sell seemingly, and when it does rise and fall it continues to drag the market along for the ride. It also seems that the press is including the "kimchi premium" in their price reporting. It notes that Litecoin pierced 52.00 usd and was rejected. Not on Bitstamp it didn't , but I won't keep digging Bitstamp for their lag. Oddly, Coinbase pro with their middleman approach IS outperforming Bitstamp at nearly every turn, aside from a 47.57 usd Litecoin buy opportunity I missed while I went out to get groceries. Two fridays in a row now. My dumb luck, and planning. Of course, a precipitation in the price of Bitcoin coincided. Analysts are making a confusing mess of things - on one hand we are told BTC will bottom out in 2q 2019 , on another that a surge to 4250 usd can be expected if the psychological barrier of 4k can be broken. Personally, I don't want to buy at 3950.00 , but maybe I have become gunshy. I did change my name to Cryptocautious after all. Ethereum alone seems least affected by BTC slips and dips, with some traders claiming it will lead us out of the bear market. I predicted in an earlier article that BTC will face a selloff on Sunday if 4k is NOT broken. I still believe that. Other metrics have become very confusing, and to some degree less reliable than before. The market is not cycling the way it has for the past few months. By the way , I am NOT A FINANCIAL ADVISER ; and remain absolutely confused by this baffling market, and frustrated that I missed the surge last Friday. This is more of an editorial than anything else. Advice is more than welcome. In the mean, I'm on the sidelines unless I see another dip like earlier today. Even the reckless crypto press is advising a tight stop loss, but also accumulation during the dips, which while it might be wise, isn't going to push prices higher. Maybe Craig Wright will. He usually appears, as he did recently , either before a disaster or a boom. Let's hope it is a boom. Something tells me though, that prices will be manipulated downward due to increased institutional interest , poor regulation, and a desire for a pleasant onramp for the whales of industry. Good luck out there. Fortis fortuna adiuvat - Fortune favors the brave - if some money launderer - or idiot, depending on context, spent more than 500,000 usd to send 14 usd in Ethereum, anything can happen. Maybe some deep pockets can push BTC out of the deep end of the pool and we will see a real recovery happen. That ETH transfer reportedly was one of the quickest in History ;) .
BITSTAMP:LTCUSD
by Cryptocautious
Usd/Cad , Lets Roll . Hey traders , First i want to mention that is most fundamental analysis , combination with technical. Lets go straight to our chart: USD/CAD is trading in a bull trend above the 200-day simple moving average (SMA). On daily we see a green pin bar , from price action this is signal that the price will go lower. The oil prices seems to recover after the bull pump that came out , crude oil it's on correlation with Cad because the main exports from Canada are in USA , i expect the price on oil come little down and then more up than the highs of Friday. What effect can cause to this pair this move is to take it little higher , ( just lower high) and then sell of . I believe in this move , because the dollar seems weak , the oil price go up , the news for Canada employment are good so i believe that the SHORT it is where we stand for . Search for the best entry trigger along side the gaps from the weekend . Thanks for your reading. Appreciate the feedback . Good Week .
Short
by UnknownUnicorn3549910
2