GS seems to be attracting demand recently. The trend down is losing momentum and it might just be the time to enter an anti set up here for a modest 1.5-2R target. Though sellers can enter this market any time, it seems more probable that bulls will take this higher to the Warning Line.
Very difficult to see any bullish set up, but I post a stop for the correction anyway. Curious how it will develop. Patterns are quite unclear, and the top was a mess. Perhaps me too I became too impatient and we all want this to go up, but we just have to wait things out I guess.
Probably the most important factor, if news related, will be Tuesday 'Goldman...
This is one of my shorter time scale predictions heading into the earnings reports coming up.
With all the volatility we have managed to open a couple of more postions during the beginning of the week that are already in the green, these are set with a x1 leverage on our PI profile on eToro (Willscuba).
We currently have a reducing wedge but have seen some...
Quick long opportunity in play here...
ascending triangle, Fibonacci clearance. Chart tells the story. Opportunity for 10+ pt move in a high prob. setup.
Target 278-281.
For the last two days the price action trading on Bitcoin has been unexciting. Bitcoin has tended to swing up and down within a relatively short range. Which happens to be good for the spread strategy that I have been sharing with you the last few days.
These slow markets can be somewhat boring and even confusing until you look at them in several different time...
Ethereum RSI (14) holding strong above 50, looking at its past outbreak activity I wanna say it has one more big bull run before hitting a big correction.
Well, this is just another reality check. Fundamentals not technicals. The whole space is a trader's dream, no regulation, easy manipulation. Well, the world's largest are getting into the game and they are calling bitcoin out and everyone should take notice. Goldman Sachs is someone that can make it happen. There is too much money flow into crypto from the...
The closer you look the less you see.
Goldman Sachs four stages of economic growth
1)Despair
Outperformed : verified
Utilities and Health care
2)Hope
Outperformed : verified
Car Manuf
Chemicals
3)Growth
Outperformed : verified
Real Estate
Travel Sector
4)Optimism
Outperformed :
Latest themes such as : verified
Electric cars
Latest tech such as :...
Bitcoin (BTC) has been all the rage these last 9 months or so. Back in March 2017 BTC reached around the price of gold at around $1277. Personally, I didn't think that it could surpass one of the most coveted hard assets around. How wrong I was. BTC pulled back down to around $1000 in April. From there, BTC sky-rocketed up to its current price of $6,370 with...
All waves were drawn on 1D candles. We will know very soon if we are in the Goldman Sachs timeline to $2200 or if I have the supernatural prescience to see through space and time into an endless horizon of fractal waves.
If the corrective wave 4 is concluded, and it looks like it is, the target for BTCUSD is minimum $6000.
If the correction is not over, then what is wave 4 for now, will become wave A, and we'll see wave C going below $3000, then wave 5 will proceed with slightly lower target.
The structure of BTC movement during last years is perfect, textbook Elliott...
If you saw my last Bitcoin idea (see link to related idea below) you would know that this big downward move we are experiencing right now was to be expected. I have received private messages of people asking me "How can I know where the bottom is?" and the answer is that you can't know for sure. But you can try to predict the bottom of this downtrend - and this...
Goldman Sachs analyst Fan Liu started YY with a Buy rating and $101 price target, saying it is expected that the early pioneer in live streaming can sustain its leadership position.
Bullish option flow detected in YY with 1,761 calls trading, 3x expected, and implied vol increasing over 2 points to 43.16%. 9/22 weekly 65 calls and Sep-17 85 calls are the most...
