Symbio_X

Symbio_X Updated 

Hello, USDTRY is trading in a exponential upwardtrend and it seems we are up for another retest of the red curve. Some weeks ago i still believed that the lira downtrend is over but erdogan is still increasing money supply like crazy. (Link below for my old USDTRY Idea´s) Thats why i became more bearish on Lira recently. I believe we are up for another ATH on...

Symbio_X Updated 

Hello, here we go again spreading your daily FUD. Just kidding just wanted to spread awareness that Crypto may turn out as nothing Burger. There´s just so much downside potential. Even 20BN marketcap is alot for a a Industry which has only a niche usecase at best. Crypto isnt scaleable, is too userunfriendly to go mainstream and POW is eating ridiculous ammounts...

Symbio_X Updated 

Hello, GME seems to trade between a diagonal resistance zone and a horizontal support. Once the support breaks thing propably will get very ugly. I have to say its wierd that gme is still trading this high after so long, not a typical bubble chart. Gme ape´s are strong in this one, but are they strong enough? Instead of building on a fundamental roadmap...

Symbio_X Updated 

Hello, since the wish pump and dump im watching the stock sometimes and i think soon will be a good trading opportunity as i think it is trading in a channel and soon approaching support. could be an easy and fast 2x trade setup. Taking entry´s and take profits (tp) as drawn with a stop loss. Fundamentally im bearish on wish/contextlogic but nonetheless it will...

Symbio_X Updated 

Hello, eurusd just slipped under a important support level and it is now acting as resistance zone (Red Zone). This is a multi month play, expecting to test green zone again to trigger stop losses and then go down in the coming month´s. DYOR and please leave a like =)

Symbio_X

Hello, assuming the red line marks a longer term resistance, i came up with this entry. Also im not quite sure if we are up to test it again, in case btc goes to red line once more i think it would be worth to short it there to 20k range. Recent Crypto Volume is awkward and i dont believe in a continuation. Sl would be close above red line. Even big whale´s like...

Symbio_X Updated 

Hello, current price´s seem to make up for a good swing trade with entry at current prices and a Target of the red Curve. All in all i expect sideway trading for spx for like 1-2 years as interestrate are rising. I dont expect a hard crash except a World War starts. Risk/Reward ratio is good if one uses close stoploss. If this happens to fail and trigger my sl it...

Symbio_X Updated 

Hello, Xrp (crypto in general) seems to enter the athmosphere on the way back to reality again soon. XRP tested ATH resistance line 3 times and its propably time to drop hard now as gravity is doing its thing. Longterm target of shitcoins like XRP is 0.000000 Sell up here as long as you can is my advice. Best case would be 6-7 cents, worst 3 cents, before...

Symbio_X Updated 

Hello. After succesfully predicting the Lira Crash this year (see related Idea below) i present to you my USDTRY short setup. Note: When "Knife catching" i got to be REALLY conservative with my targets, especially with using leverage. This is the absolute worst case for Lira. I give this a 40% propability to actually reaching this target. If you are Turkish and...

Symbio_X Updated 

Hello, i mostly publish TA focused Idea´s and also want to cover the fundamental reasons why it seems very unlikely for crypto to be bullish this year as there is already a storm coming up on the horizon which could bring the crypto bubble to finaly pop for real. 1. Interest rates are rising ---> beginning of the crypto/stock uptrend in 2020 was massive money...

Symbio_X Updated 

Hello, Doge (and the rest of Crypto) seems to soon tank downwards, atleast i think there is a good propability that it is soon happening. Doge seems to trade in a falling Wedge pattern, which´s target is my green support. It will propably never recover at its a meme coin which purely depends on hype and not fundamentals. Even buying green supp is still way...

Symbio_X Updated 

Hello, Lira recently recovered from the drop and at some point next year we should test this Green Curve again. (See Context below) Thats where i will Long USDTRY . I have not really a clue when this will happen tho. Current buy zone would be 8,95-9,2 (White Zone). This would be the buy zone if it touches the green curve soon but i doubt it and expect some weeks...

Symbio_X

Hello, i believe Crypto is in a Bubble. The "Real World Value" to MarketCap ratio is insane. All CC is used for is mostly speculation basically without delivering Value. This Red Curve is my current Main Scenario for the Crash, as long btc doesnt make new highs in the coming Days, which would invalidate this. I highly advice to only invest what you can afford to...

Symbio_X

Hello, Tether dominance seems to trade in a curve, this is atleast a legit idea until we dont see new ath´s here. At some point i expect Tether to depeg again when its absolute market cap (maybe soon) is declining. It also did this in 2018 and had a depeging for some Weeks. I get it, the ask for digital dollars is generaly high, just like real USD (Stablecoins...

Symbio_X Updated 

Hello, in search for a potential downtrend patterns for some nice swing trades i came across this broadening wedge pattern which is my current most promising one until it get invalidated atleast. We already saw this pattern in the 2018 bear market and i think it´s possible that its coming again in this one. (See pic below) Crypto currency´s are not worth current...

Symbio_X Updated 

Hello i believe Xiaomi will bounce bullish from this support, with enough time it will propably go back to ATH. It would be a good opportunity to hold it longterm from this supp. I may even use a little leverage with sl below that supp. DYOR.

Symbio_X Updated 

Hello, as inflation is high it also has a significant impact on TA. That´s why i find it useful to use inflation cleaned Chart´s in times of high inflation. On the inflation cleaned BTC chart we already retested the 30k support range and are currently sitting at the resistance which should be a good short entry with close stop losses. Volume is still aweful and...

Symbio_X Updated 

Hello, i stumbled over Roblox Stock and its freaking overvalued at currently 67 Billion Market Cap! For Comparison EA Games has a market cap of 35B. There is a pattern in hyped IPO´s i noticed: After the overpriced listing there is a Bulltrap before going in a deep correction ---> See Robinhood, Coinbase, C3.ai Charts, they all had a short bullrun before...