RBA decision to raise .25 last week, has shown how fragile Australia's housing market is. Next major support I see is the .60, But I fully see a test of the lows of .50-.55 in reality Americas housing market is no where near as leveraged as Australia and if they're mostly fixed 30 year rates compared to ours that roll over in Feb 23. US CPI report should be a...
ETH 4H line chart has been the easiest to read so far, continuation likely see you at $250 then sell me all your ETH
Have added to my shorts on ETH, not a lot looks good about this chart atm, judging by the weekend of quietness BTC in its infant stage has decided to follow the NASDAQ and I only see that going one direction remainder of this year.
NEAR had a nice breakout, have been adding to this short since 17.70 did get little worried when BTC broke out on the hourly before but it was smacked down again bears are in full control atm.
Everyone been real bullish the past 2 weeks, BTC about to give them a reality check. I'm not short, still sitting out stable farming after I sold my last looks bag this morning, until BTC can hold over 50k I still see 24k first.
Have closed my position for now, rejected at resistance, overall markets looking shaky again and the bearish engulfing on the daily will look to reenter around low 1s again.
I'm a betting man, OIL seems like decent spot to long here. Ukraine Russia isn't going to stop soon and I cant see Russian enemies paying in ruble, and lets be honest even if Biden does take from the reserve its 5% of the daily American use and they need to replenish again at some stage, not factoring in OPEC either.
We, really doing this 👀. have said before this is my bag and I am willing to just stake and forget, still on the old APR with Looks and WETH. Have nearly made my initial investment just on WETH. So its all free money from here.
nearly all commodity charts I look at appear to be breaking out again, should be an interesting remainder of the week for stonks and commodities. TP: 3.78 - 4.18 SL: 3.15
Breakout on silver, have said previously I am very bullish on precious metals the next 12 months. Trading the breakout on this trade, have larger positions of gold, silver and oil for longer holdings. TP: 26.92 SL: 24.78
Plenty of US figures out this week, hopefully push more uncertainty in markets and push price of gold higher to add to the breakout. tight SL on this with oil looking to push higher again. TP: 0.945 - 0.96 SL: 0.933
Seeing continued downward pressure on US economy with strengthening oil prices likely to continue, Looking for entry around the 200 EMA. TP: 1.245 - 1.238 SL: 1.27
Looking at adding AUDNZD position tomorrow morning on open. TP: 1.085 - 1.089 SL: 1.0688
Bags still heavy, but not looking so bad, see if we get a weekend pump to $2 Looks to be finding base at the $1 region, long term hold for WETH and LOOKS.
When these dog coins do a 100% retrace I will allocate more money to alts, until then enjoy the ride. Look at 2018 charts if you think this wont happen.
Not my best trade, still receiving close to 200% APR and will keep adding looks over the bear period. We've seen plenty of useless coins do 20-50x during ape season. Will keep stacking WETH, LOOKS and buying NFTS until then.
Expecting a rough week on Indices and BTC to follow, gold still too outperform for the next few months, with fed being left no choice but to raise rates to soon realize .25 wont stop hyperinflation. Not a matter of if this breaks down but when.
Can we please stop bidding, so we can send this back to sub 10k. Thanks in advance Herbert.