Hello everyone.` Previously I've called for SPX to reach 4400's (see linked idea) Now that the target has been reached, further upside is limited. Most likely we'll see a grind here and a selloff in autumn. Thank you, Stay safe
Hello, everyone. Previously I've posted an idea with a bearish bitcoin outlook. However SPX, has had a bullish reversal, and so it seems that BTC is having one also. Failure to reach the first bearish target of around 25k indicates, that this bullish reversal wants to take BTC to somewhere around 35k. If we reach the new target of 35k, I'll be looking to short...
Hello, everyone. My previous idea a week ago had a bearish outlook on SPX. However things have changed, as we now have a clearly defined outbreak in the RSI. The target range now is 4400-4500. Depending on how the market opens on Tuesday. I may open long position. Good luck everyone. Stay safe, stay liquid.
Hello, everyone I've noticed KAS sometimes moves inverse to BTC, kind of like LINK did in 2018-2019. It had a massive run up from February to April, and from then grinded down retracing 70%, The tech itself is a L1 promising BTC security with SOL scalability. The chart looks bullish. Don't fade this one. GL, stay safe. Stay liquid.
Hello! The Dixie is showing strength and the Euro has had a significant bounce after being oversold. It's likely to correct to the 1.05 level or possibly lower. Stay safe, stay liquid.
Hey there! With macro uncertainties looming and risk assets looking bearish for the moment, it's no surprise that ETH is no exception. In fact, it may have a ways to go yet, potentially dropping to around 1250 or even retesting the bottom. Stay safe and stay liquid.
Hey there! It seems that Bitcoin dominance has peaked, at least for the time being. A medium-term retracement to 44% in 3-4 months appears likely. While some may view this as the start of alt season, we should consider that increased market volatility may lead to stablecoin dominance rising, which could explain the drop in Bitcoin dominance in a turbulent market...
Hello, everyone. If Bitcoin retraces to around 24k, it could be a solid move. However, we'll need to reassess the situation if it happens. With macro uncertainties ahead, Bitcoin may face further downward pressure, possibly dropping to 20k or lower. Stay alert and keep in mind these are buying opportunities. Perfect to DCA on the dips.
"Hey, traders! The blue chip index is looking lackluster due to macro uncertainty and the Fed's firm stance on rates. While doomsayers are predicting a -50% meltdown, let's not get carried away. A 20% correction wouldn't be great, but it's not the end of the world. Plus, it would give the Fed the breathing room it needs and allow the market to reset. Keep your...
Hello everyone! The crypto market's recent price surge may need a breather, especially with the dollar's potential upswing. It's an ideal time for the market to either retrace or consolidate for some time. Stay safe and stay liquid.
Greetings everyone, There could be a temporary shift in macroeconomic conditions, as the dollar potentially strengthens. If this happens, it is likely that there will be downward pressure on stocks, cryptocurrency, and other high-risk assets. I advise you to be cautious and maintain sufficient liquidity in such circumstances to ensure your financial safety.
Hello everyone, So Gold is finally back in a buy/accumulation zone, even though DXY may have more room to run I doubt this will translate in to heavy downside for gold. 1650 maybe? However, the stars look alligned once again to buy gold, or in this case GDX (Gold miners ETF). You can see the trade parameters in the chart. But this is definetely an opportunity...
Hey everyone, Well, it's that time again. Nothing much to see here, just a typical bitcoin midcycle bubble. Take a swing at the Alt market for now, it's going to outperform bitcoin for the first quarter of 2021 most likely. ;) Check out the linked idea below, to get where i'm coming from. :) Stay safe, stay liquid:)
Hey y'all, Somebody care to explain the anomaly of 2020 here? This has never happened in the 40 years of data here, maybe it happened sometime before. What has the FED f up now? And what does it mean? As I see it either the dollar gives up and goes full kenukistan, or GDP Goes down again. They can also try to print this s away, however it seems that by printing...
Just some food for thought...
Price action moving quickly. Refer to chart for trade idea. Entry 22.700ish Stop 22.35ish Not financial advise by any means, just a hypothetical trade idea. Stay safe, stay liquid.
LTC is cheap compared to other Alts or BTC. Sure it's just a copy of Bitcoin with no technological superiority compared to other cryptos. But it's the second cryptocurrency made, so it's name is embedded in crypto. And although it's cheap now, I don't see it being so cheap when the next mania hits.