Yearly resistance acting like a support right now as you can see on chart. And while SPX >2700-2800 there is no significant risks. And there is my stop loss. I will consider bearish positions if we will see bearish price action in 2500-2700 region (pivot-r1) . Otherwise naked shorts here is not safe or smart. It's just bears trying to outsmart and frontrun the...
How delusional you must be to short le bottom of a new bull cycle ? You just in disbelief before next retail frenzy . We can see in google trends that there still was't a new retail frenzy. I belive that new lending 10-15% Annual stable profits will drive this market to new bull cycle and attract millions of people. That will lead to evolving of the crypto...
So basicly this exchange just recently intoroduced a stop losses after a few years. Also any person can pass KYC just with a other person passport scan ( try it by yourself) . Low liquidity , fake orderbooks , wash trading machine - welcome to Huobi . This is where traders got rekt. They also have a breach in a security systems . www.theblockcrypto.com You also...
So Bitcoin still a asset without real value that is using only by criminals or manipulators mostly. But Never underestimate how arrogant bulls can be. They are probably already setting limit longs at 8450-8700 with their life saving and i am expecting some decent 1-2k pts bounce from there to 10300 region and probably a decent sideways then this echo bubble will...
“Smart” Ponzi schemes. The spread of smart contracts, i.e., computer programs whose correct execution is automatically enforced without relying on a trusted authority, creates new opportunities for fraudsters. Indeed, implementing Ponzi schemes as smart contracts would have several attractive features: 1. The initiator of a Ponzi scheme could stay anonymous,...
EU Banks still in touble. EU economy overall is still bad with no signs of recovery . So i'm still shorting every bounce. It's that simple
Due to spx recovery we can notice that goldbugs are reducing their positions . Don't underistimate stock market plunge protection teams . Short here with tp1 at 1480 and depending on will it bounce on 50ma there or not i will decide what my next position will be. I think it's time to a healthy correction to 1420 region for Gold.
Do you really think someone like Buffet or Trump will invest in asset which produce nothing and do nothing useful and not a safe heaven because it's only 10 years old baby market where whales is just some Indian guys or millenial nerds who solved captchas for 100 bitcoins per one and can literally ruin any bull run in 1-2 days without proper market plunge...
Looks like 200ma is respected as always and doomcallers trapped in shorts once again. Don't underistimate power of US and Trump is my advice. BTFD with intesions to sell in December.