Patterns dont continue forever but im gonna play this
Maybe im pessimistic but this looks super sketchy.
Im long from 3250 ish which are all in profit from the "bottom triangle bounce" but statistically the stock market tanks hard after elections, from a few days up to a month. Got a few nov/dec contracts that I might look to exit at the end of today, waiting for the election spazz to settle. Bigger picture 70% of the time the market moves long so short term it...
How do you even sustain a 1000% growth that gone parabolic? We all saw btc in 2017. People assume we are "clear" of a recession but realistically we havent even had one yet. what even is this lol Ray Dalio talking about we are going to have a 1930 event based on debt basically and honestly im not too bullish
I feel first target is consolidation up towards 14k ish if bullish breakout its 20k easy otherwise we go down to channel bottom at 12k ish. Double top at 14k and monthly bear down to fib and/or wicks down to liquidate margin longs are possible, tons of fake outs and generally spastic price action. At 14k im gonna put 30-40% of my portfolio at stop loss to take...
80% long trade 20% shorts, eth & btc, stop loss below supp, take profit next potential leg up and re-enter same trade after 10 min chart bottom, the stair pattern will end at some point short term but on 10d timeframe its giga bullish
If this trendline holds it will be a good long trade, if it breaks we can short it also. Could actually enter both long&short here with stop losses and watch the price action develop, take a small % loss on either trade and let winners run
Do we get a continuation of a bullish pattern or are we exhausted and ready to go lower? Downside targets for BTC = 10500, 10k, 9600 GAP, ~6-8k macro triangle structure. Long term we are in a bull market but short term there are alot of news and fears around the world. Leverage long with stoplosses!
1h look to prepare for a huge pump upwards, perma long from 9500 area, another pump here and on the weekly this is disgustingly bullish
This 50ema/200sma really squeezes beautifully on the 1hour timeframe. From my previous chart on halvening patterns I said the 9000-9500 range was the bottom and ive been DCA every other day and had 10&25x margin trades. ETH have been a good buy aswell. We had a macro triangle structure that looked to bring us down to 5-8k range and that is still 10-20% viable to...
(dates moved around abit but its within the same week) This halvening breakout was the bottom each time! 2012 halvening structure 2016 halvening structure 2020 halvening structure May25 chart
Who knows the consequences of this pandemic/global economics in general and our society in general. But im long EURUSD .
Look at that EMA cluster of normal calm range and this borderline parabolic pump. The Desk plans to conduct overnight repo operations on each business day and a series of term repo operations. The aggregate operation limit of each operation is $500 billion and proposition limits are $20 billion per bid. Each operation will settle the same day as the operation...
saving to press play, daily/weekly im short bias but in between this might print. Im long at 11150. This triangle thing appear on many timeframes like a fractal and as above so below, it mimics. Come back in 1h and press play i guess lol I guess its 1/3rd chance of long, short and kangaroo shit, lets see
Lets see if it goes down to the low/bottom 1.07k. Could breakout each attempt at following the channel but lets see
If we go above 3400 its the new bottom until correction/crash. 3k first line of defense for bulls or bears. Then 2500-2800 ish . 2200 absolute bottom backed by fibo level and 50 year old channel. So if we stay above 3k/2200 then technically, buying the 5-15% dips, going long twice a month 60day exp and its free money. Recession reverted/postponed, thanks JP