It looks like bitcoin sentiment is turning positive again: www.alexa.com www.alexa.com It looks like we are making a plateau in the sentiment after which the sentiment should start increasing. The price of bitcoin has almost reach the 61% retracement from the last impulse to 10500. This represents a good opportunity to enter the market and exit if sentiment...
Silver is fundamentally strong with so much negative yielding government bonds and inflation poised to pick up in the next few years. My prediction is that silver will be minimum 100 dollars in the next decade and it can even reach up to 900 dollars per ounce. Make sure to invest at least part of your portfolio for this outcome. Now is a good time to get into the market.
Type of position: Buy Entry point: 3.58 or below Exit point target: 4.48 (30% profit) Time span: 287 days You can enter some Corn CFD or use the Teucrium Corn Fund to make a similar trade. There is a clear pattern in the last 5 years for trading corn. We have a low around the beginning of September and we are bullish throughout most of the year until mid-late...
Position: Long Pair: BAND/USDT Entry price: $0.70 - $0.80 or below Exit price: $10 or above Type of position: long term (6 months to 1 year) Short Answer: Buy Band protocol while it is at such a discount. Long answer: Band protocol has many similarities with Chainlink which is one of the best performing coins of the last 2 years. Chainlink reached a price of...
If you have been following my posts, you know we nailed it so far though it took longer time than I expected: There were many fake breakdowns of bitcoin before we fell to 8000. And a good rule of thumb that works for now is if ETH/USD is making new lows before BTC/USD, then it is a real breakdown of the whole market. But if only BTC/USD is making new lows and...
Type of position - sell Entry point - 10384 or above Stop loss - 10821 Take profit - 8104 Reward/Risk ratio - 5.21 Bear in mind the traffic on binance.com and coinbase.com is still steadily declining despite all the positive coverage in the news: www.alexa.com www.alexa.com Don't follow the herd, go against it. For more fundamental information on the...
Type of position - sell Entry point - 9982 or above Stop loss - 10 456 Take profit - 8078 Reward/Risk ratio - 4 Bear in mind the traffic on binance.com and coinbase.com is still steadily declining despite all the positive coverage in the news: www.alexa.com www.alexa.com Don't follow the herd, go against it. For more fundamental information on the reasons for...
Two hours ago Everex.io tweeted: blog.everex.io This caused significant pump which has potential to continue to the upside in the next few hours as the project is only 13 mil in market cap. For more information on how to get a free trial of my fund, feel free to message me. For the next two months, I will be posting free trading ideas in crypto, stocks and...
The correlation between ETH and the altcoins is fairly obvious. As ETH is falling versus BTC, altcoins are suffering even more in terms of USD. Looking at the ETH/BTC chart, few weeks ago ETH broke a key support level and now there isn't really any structural support until about 40% down from where we currently are. There is no guarantee that we are going to...
First of all, if you haven't seen Part 1, where I explain more fundamentally why I think we are headed down for the coming months - check it out below. In the second part I will compare the two bull markets in 2017 and now in 2019 and look for similarities. When we take the bull run from 1k to 20k and compare it with the one we had in 2019 from 3.5k to 14k, we...
As in every market bitcoin price changes come from supply and demand. The supply changes slowly relative to the daily fluctuations in the price so we can consider the supply relatively constant on daily trading timeframe. Most of the demand comes from speculation. Therefore, by tracking the public interest changes we can relate it to the price movement. The best...