Hello Friends in Trading I've been playing with an idea, but it's going to take days to complete. Lots of hours and work will have to go into it, so first I want to determine if there is a demand for my idea. I want to do a thorough analysis of some of the top names that always pop up in the news bar on the side. Often you'll have one article saying " BITCOIN IS...
Please hit like and share YOUR timeline prediction! NB Please also note that this is mainly for fun speculation. In the next few series, I will try to determine possible timelines for BTCUSD to reach its previous ATH by using different strategies. Afterwards, we can backtrack and see which strategy was the most effective! If you missed the previous one, go to...
Please hit like and share YOUR timeline prediction! NB Please also note that this is mainly for fun speculation. In the next few series, I will try to determine possible timelines for BTCUSD to reach its previous ATH by using different strategies. Afterwards, we can backtrack and see which strategy was the most effective! If you missed the previous one, go to...
Please hit like and share YOUR timeline prediction! NB Please also note that this is mainly for fun speculation. In the next few series, I will try to determine possible timelines for BTCUSD to reach its previous ATH by using different strategies. Afterwards, we can backtrack and see which strategy was the most effective! C'mon, participate 😃
The technical indicators point to strong upward pressure over a LONG time frame, which is an extremely bullish sign. Bitcoin is about to retest it's previous ATH between the ranges pointed out above. Please hit like if you found this helpful or useful. Many thanks, Ev
Listen through my analysis of the 2017 bull run and our current bull run, we're looking at Total Market Cap for Crypto and BTCUSD and see for why, in my opinion, BTCUSD and altcoins might hit higher highs this time around. Please support me by hitting like, thanks! Ev
From the chart, there are 2 things that concern me : 1 - The bearish cross on the CMF (Chaikin Money Flow Indicator) Chaikin Money Flow (CMF) is a technical analysis indicator used to measure Money Flow Volume over a set period of time. Money Flow Volume is a metric used to measure the buying and selling pressure of a security for single period. CMF then sums...
Please hit like and share your support :-) One word: price. That’s because the company falls in the top-10% of most expensive U.S. companies. To justify its current value, Amazon would have to compound growth at 14% over 10 years. The company would also have to slow working capital growth significantly, netting its capital requirements to zero over the long...
What Is the Correlation Coefficient / CC ? The correlation coefficient is a statistical measure of the strength of the relationship between the relative movements of two variables. The values range between -1.0 and 1.0. A calculated number greater than 1.0 or less than -1.0 means that there was an error in the correlation measurement. A correlation of -1.0 shows...
With a Biden victory declared moments ago, what could be next for BTCUSD? Let's take a look at some Technical indicators: Since March, the correlation between BTC and the USDOLLAR index has had a near perfect negative relationship. For those of you trading stocks as well, it has been a general consensus that Biden will be bad for the Dollar initially and if he...
AMZN has not finished its downward bearish trend yet. - MACD indicating strong sell power - Consecutive large red candles - Declining RSI at 31 - Candles trading below the SMA100 line Furthermore there is a support around $2885 which has become the new supportline and my estimate to where the price will retrace. Hit like if you found this helpful. Thank, Ev
I believe the next 24h will give a clear indicator of the next trend. We currently experience a small-sell off NOT a dump. In the next 24h we will determine a clear trend from the charts and indicators. The question : Will BTC continue upwards and retest heavy resistance $13900 or will the bears kick in and take us back to $12800? In my opinion, from the...
Earlier this year there was the question : How do you invest in Coronavirus vaccine stocks? Now, we have the answer : YOU DONT. Chart looking bleak, and the support lines are weak. This could be due to a few reasons: - Lack of MAINSTREAM updates - NVAX actually has no other vaccines - Market volatility due to covid and elections - Investors are seeking less...
NRG is my renewable energy choice. It has great potential for growth and is currently undervalued by at least 27% according to Yahoo finance. At this moment the stock market is seeing a huge drawback and as we near the election, markets are becoming more volatile. Currently, NRG might correct to $30 over the next few days. If $30 does not hold, next stop is $28....
Nvidia is pulling back, no prominent reason or news article that could have caused this, that leaves the next possible scenarios: - NVDA was rated overvalued by many analysts and is now drawing back - Covid market volatility is causing unpredictable movements - Upcoming US elections, many worry about the China tension According to the chart we are close to the...
VISA IS RETRACING back to 190's. First support line will be around 195, if that doesn't hold, next stop 190. Keep a close eye on the MACD and RSI to see how far this retracement goes and buy the dip. VISA is a favorite for hedge funds, and who doesn't use a card. Solid future and more affordable than Mastercard. Hit like if you found this helpful. Thanks, EV.
AMZN is retracing after Prime Day. There is usually a sell off right after prime day. I closed a position yesterday, a day earlier, at 10% profit and intend to buy the dip all the way down. Watch the MACD to see how long the retracement will last. Happy trading and hit like, EV.
BMRN selloff seems to be over and this is a possible entry point, some resistance at 80 but if we breach 80 we might se 88 shortly after. Very volatile market. Your thoughts.. is this a stock worth investing in? Stay safe, Ev