dotcom880

dotcom880

I'm not a trader. I just bought at 16, and sold at 107. I still think people are considering that we go way higher. I think we are overestimating that. We can go to 120-ish at max. But high likelihood if we don't hold the current levels, it's going to go downhill.

dotcom880

Long term global trend line being tested twice. RSI breakdown. If support line breaks, quite some downside possible?

dotcom880 Updated 

I mean, look at this. We are at a major uptrend. But we can start to see some distressing indicators showing we are reaching a top. The saying “buy the rumors, sell the news” still holds. We now have 'TRUMP' news. I think that might say enough.

dotcom880 Updated 

After reviewing many ideas, YouTubers and some great studies here.. I have just one question: how many more indicators could tell you we are near bottom? Does it really matter if we were to go lower by maybe 10%? To me, it looks like we are now really getting there. What could trigger a true collapse? Curious to hear some counterarguments.

dotcom880 Updated 

Arguments for break of resistance up: 7+ divergences Support on current level Economic conditions are more positive than media says 20%+ correction already in place On the other side: Look at the charts and then read the news. A major collapse could happen in January / February. This could be anything from failing debt repayments after covid loans,...

dotcom880 Updated 

6+ divergences Higher low A whopping 90% drawback from top Project seems legit and alive Good volume (look at that whale buying) NFA. DYOR. Entry if support holds Return 10x-?? Timeframe 3-12 months

dotcom880 Updated 

Solana is a decentralized computing platform that uses SOL to pay for transactions. The Pro's Breakout on price Stoch UP 6+ divergences Higher high - trend reversal since november Good volume A whopping 85% drawback from top! Project with still good hype around it RSI breakout The Con's Still significant downward pressure, this could be a...

dotcom880 Updated 

Yes, we might get another blip lower. No, there is no REAL recession yet. Did we ever expect a recession to happen? More likely, it will be coming next year. What we are seeing here is some spectacular discount shopping. ... and I'm not going to try to time the market. Load up my weekly DCA machine. Trade: buy weekly Term: 1 year+ S/L at 14K 10-20%...

dotcom880 Updated 

I posted this idea roughly 60 bars ago, and a reminder came in my to-do list today. My expectations were on the peak that it would take 60 bars or so to reach the low point. Now we are there. The Mayer multiple is low (0.6). Cycle Top a while back (60 bars). Fear and Greed in Fear. What other signals could you need for a volatile asset like BTC? Going long...

dotcom880

All key materials for the metalworking industry listed out. Current supply and demand is not settled.

dotcom880 Updated 

The title says it all. My plan for the upcoming weeks. RSI looks we are at a low. MFI shows we are at a low. Fear and greed is in deep red. Looking left, it's more probable to go up. SL at 36K TP at 63K Just my ideas.

dotcom880 Updated 

I read an article this morning that the Omicron variant is likely to usher in growth downgrades. This is of course immediately accounted for in the market prices. And people usually sell the news, while this mostly means a great buy signal. So, I'm sticking with a long strategy here, assuming that the end is not near. Just my thoughts. Feel free to comment.

dotcom880

It looks like the bottom is closing in (MFI / RSI are on lows). No long signal printed yet, but it was a great short for those who were on it!

dotcom880 Updated 

This is just a counter look at what I'm actually having positions in (I'm currently long). But never ingore the basics. Let's hope I'm wrong.

dotcom880

Always use a stop loss. Will step in on small trend change (pulse firing in green) and if we break above yesterdays price. \\ just ideas, not advice.

dotcom880 Updated 

I don't think we shall cross 60K levels before a proper retracement. BTC reached it's potential for now. Whales will cash and ordinary investor goes rekt (again). Happy to be proven wrong though.

dotcom880

A correction has taken place, time for the next run? If close below 57K, this is invalidated. Just a probability, not financial advice.

dotcom880

Green red green red... green? Just based on a few interesting indicators.