Technical: S&p500 holding critical support (yellow ema), a possible bottom will be 503EMA or circle marked in the chart, if Williams AO does its crossover, prepare for vacation. Fundamental: Rate hikes are the least of the worries, everything seems bearish. The only hints of hope are the US unemployment rate below 4% (somehow low), and the Ukraine war. NATO and...
The only way to hide the cringy ideas I posted before, is posting new ones. So I decided to join TSLA hype without trolling (we have enough with tik tokers and WSB brainlets users). Anyway here's my idea: History tend to repeat itself, that's well now in geopolitics, finance, TA, etc. So based on what price action did in the past, there's high probability of a...
Tesla has topped, stay away from it unless you like beg for food on the streets. Musk and its herds of brainwashed sheeps will REKT on the long run, the SEC will take care of him you'll see it soon ;)
justED as any bagholder who rarely thinks and rather believes on silly virgin conspiracies more than good ole chad TA. I think link has already topped, still on a bullish market i guess, maybe it's the only alt which has a clean trend unlike btc. Count is based on what price did on jan 2018 and jun 2019 tops, still expecting a 50-60% correction.
Check the whole chart! The ponzi will rise, make it great again as Trump said. Not, im really serious about it. My last ideas were wrong but i think this is the good one. Strange times are happening, next month i will be unemployed and probably homeless haha so i cant fail, if that happens ill be back on my musician quest, living in an antispeculative squat with...
Looks pretty nasty, it will dump very soon. Bearish divergence just like last ATH.
Possible divergence+resistance on weekly chart and lots of bulls on TV are showing up, that could mean something? Greediness is developing among traders/investors. Trade carefully!
Possible correction afterwards, strong support on red horizontal line knowing my currency and it's endless devaluation price will go up on the long term. Keep it simple and you will succeed!
It seems that btc always been so respectful when it comes to chart patterning, it reacts so accurately when a pattern is formed; wedges and rsi are the main tools among crypto traders i guess. Not always, sometimes it makes pretty random moves. Maybe it has to do a lot with retail traders and deluded people who wants to be rich quickly, which is the vast majority...
Hi sirs! Recession´s around the corner and crypto will not be the exception. Trend lines always has been a key support/resistance for btc. Use them as potential buy/sell entries (white,blue,red). Personally i still see btc as an extremely overvalued asset, same as fiat, gold, whatever. Possibly will be the peak of bear capitulation, and another tech bubble burst....
Many scam pumps, it has a reason actually. Price is testing a strong resistance from 2015-2017 bull run (RIP) which is the gray horizontal line at 7700-7800 (0.618 fib retracement). Also, many bagholders and deluded millenials are FOMOimg hard and longing, market will do the opposite, as always. A good point of entry may be if price breaks 7800 or a confirmed...