Critical week for Banks and Bitcoin. The FOMC meeting is important to predict the direction of all markets. Macro factors are still bearish. Chances of a blackswan are likely.
A short too early is as good as being wrong. Analysis of DXY on shorter time frames can help you time your shorts to perfection in this environment of Inflation.
The year 2023 is when the economy will experience the delayed response of Interest rate hikes. There is no scenario where bitcoin decouples itself from the stock market. The correlation between bitcoin and s&p will always be between 0 to 1. The macro environment reflects cash crunches signaled thru massive lay offs by all companies. Bitcoin takes off after...
XRP has a huge supply and most of the supply is locked in an escrow wallet. The concentrated supply of XRP in a few hands makes XRP manipulation tough. Most popular manipulations are fake breakouts and pumps crossing critical resistances which eventually fail and playout as bull traps. XRP is of one the only crypto tokens which undergoes a constant selling...
The majority of the population will learn the difference between Money and Currency the hard way. Retail investors/traders risk being wiped out in a black swan event. Inflation is the tiger we are riding. Calculate 4.6% of $32 trillion and realise the gravity of the national debt restructuring upon the government.
Technical Analysis ZRX/USD has completed a 5 Elliot wave structure followed by a A-B-C correction structure. This entire play completes Wave 1 and Wave 2 respectively in the broader structure of ZRX/USD. ZRX/USD has now started Wave 3 of the broader structure and poses a good risk reward in the long term. Fundamental Analysis Earlier this year before its...
The chart says it all. Interesting to see how it plays out.
Watching the markets since August 2017. Crypto-sphere is Victim to fake volumes and cyclic tactics of market makers. Make your quick buck and thank me. Worship the lord of uno numero 20. You make money off this post send me blessings to know more. ;) SHORT IT LIKE A MINI SKIRT Salud!
The red box is the perfect region to load up shorts. The green box is perfect to load up longs. Anticipating a bad blood bath during the month of September. Watch-out for FUD creating news at the starting of September. FEARFUL WHEN GREEDY, GREEDY WHEN FEARFUL.
Bitcoin printed a higher low in the 53.7K region on the hourly candle and bounced from it. The next small win for btc to continue its leg up is to break the yellow down trend line and close above 56k-58k this week and then have another attempt for an all time high in the coming weeks. It is Important to keep booking profits at resistances specially right now while...
Textbook ascending triangle pattern. Breakout confirmation after daily close above $1.58. Book profits around weekly resistance of $2.42
Rising wedge on the daily for bitcoin. I would book profits in the 69K Region. Interesting to see how it plays out.
Entry - $202 Exit -$321 Stop - $179.99
Bitcoin reaches all time high with institutional interest hedging hyper inflation and the devaluing dollar making bitcoin an attractive safe haven. Beware of the weekend pump after the CME futures expiration, pointing towards the standard bitcoin weekend trap.
Entry - .29 Exit - 1.08 Stop loss - .24499
Entry - 2.75 Exit - 4.9 | 5.5 | 7 Stop Loss - 2.5799
Entry - .395 Exit - .63 | .95 | 1.8 Stop loss - .35499