The market got me and I admit it. After serious winning streaks, a loss was "expected", I'll take it and let's move on.
After a loss, I would like to usually step aside and look at a bit bigger picture and determine the first stronger areas. The flow is gone and I would like to start building this from the beginning.
Over a long time, the market makes panic...
This is just a quick update on Bitcoin's short term price action.
The 5H chart is close to printing a Death Cross (EMA50 crossing below the EMA200). Since we are still within a 1D Descending Triangle (meaning Lower Highs with a Support) with 9100 as the 1D Support, there is a strong probability of another contact.
This argument becomes stronger as the previous...
We are looking at an interesting triangular formation in BTCUSDT (DAILY) with support line validating back to May '19.
Below are some interesting observations that we'd like to share with our followers:
- Dual support coming in from 100EMA (Daily) and a validated up-trending line.
- Price consolidating in the Triangle means BTC could possibly be targeting...
Hey guys, A closer look to daily chart .. this could play out and something to keep an eye on!
Cup & Handle (descending channel) ... Rounded Bottom continuation pattern ... 2 lower lows and 2 higher lows with ( 4 times daily hammer candlestick )
Price broke out 1h descending broadening wedge and it could be heading to next resistance at 10800 of this descending...
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Bullish waving and pushing market conditions.
Market behaviour really strange right now, prices slowing down and need a new direction.
50% Pullback of previous x-a wave, great short...
Hello and welcome to my Trade Idea of the currency pair NZD/JPY.
Let's start with the Top Down Analysis.
Monthly: Monthly is in a very strong downtrend.
Weekly: In the weekly timeframe we see that the price breaks the lows and close under these. As well the last weeks had 2 big bearish candles which confirm that the trend is bearish.
Daily: The daily...
EURUSD is trading within a narrow falling parallel channel.
most likely the market will keep this tendency until it approaches strong demand zone 1.103-1.105.
My plan is:
1 - Let the market reach the demand zone
2 - Wait for a bullish violation of a channel (candle close above)
3 - Buy with target 1.1115/ stop below the...
If there's another leg down we should know Monday, since we'll hit the upper trendline on this drop. I'm really not sure which way this is going to break, so I'm all cash again except for UAA puts (because there's no way it justifies 100 PE ratio). When in doubt, short garbage.
If the market goes up on Monday, I expect the $295 gap to close. I still think this...
Shake Shack, one of the absolute strongest stocks
in the stock market continues this week on it's explosive breakout
move towards $100.00 a share.
I recommended this stock last weekend to you,
when it was $89.00
It should be disclosed that I own this stock
and follow it on a 1 minute chart throughout the trading day.
I can tell you is that this stock is under...
Bearish engulfing candle on GDX weekly chart.
Entered into 1 put contract of NUGT expires in a couple weeks.
I wish there was more to say about this but thats about it. Once again I prefer higher volume but the way it is decreasing for last several sessions implies a reversal.
TARGET PRICE $205
Follow the options traders and you will often be rewarded, in the past week, call options activity had preempted the earnings beat and are now pointing to much higher gains.
Any weakness's in the earnings were quickly addressed and critics were reminded of the untapped market within China alone, USA trade is...
Analyzing the chart of Altcoin Marketcap, the first thing we can mention is that the marketcap has broken though the ascending support and now continue its dump. In this situation, we need to understand where are located support levels. First of all, we have descending support of the down-trend. This support has already shown its strength many times in the past....
As drawn and shown here,
the S+P 500 has ending the week inside a paradyme downward sloping triangle
with price found neatly in the now tightening coil part of the apex triangle
To say that the ultimate resolution of the pattern
could go either way,is perhaps as "genuine""as I can be right now.
There may be those who will correctly "guess" the outcome
VIX: Volatility Index-Extension to the US (SPX) Sectors Technical Analysis Series - 17th of August 2019 (9 Minute Read)
As it can be observed from the chart, this is an extremely complex(Premium) volatility analysis. The purpose of this chart is to evaluate the probability and the timing of the next recession in the short to medium term.
Now, let's breakdown...
Ever since we stepped into Crypto Fund Management Industry, our goal has been to develop foolproof Investment strategies backed by automated management systems. We are glad to announce our advancement towards a solution that offers institutional level fund management to everyone, regardless of their account size. Backed by Bitbloxx's proprietary strategies and...
The main event of the coming year for the crypto community is Bitcoin Halving, a decrease in the block reward from 12.5 to 6.25 BTC. It is logical that with a decrease in the block reward, the value of Bitcoin should increase - this is its main idea, the reason why $BTC grows in price annually. The previous halving was on July 2016, and it led the market to huge...
In this Education posit I want to share with you how to pic best places on a chart. Where to open entries with potential profit in 5...10 times bigger than a risk.
I recommend to use Historical levels or Breakpoint of the trend:
- Most of the retail traders set stop Losses below or above such key levels.
- Stop Losses of retail traders is a Fuel for Big...
OmiseGo (OMG) Overview
OmiseGO (OMG) is a public Ethereum-based financial technology for use in mainstream digital wallets. OmiseGo enables real-time, peer-to-peer value exchange and payment services agnostically across jurisdictions and organizational silos, and across both fiat money and decentralized currencies. Designed to enable financial inclusion and...
Here's a long video update on what's happening with cryptocurrencies, along with my current view on stocks (including Silver). Mentioned in this video are: Bitcoin, Ethereum, XRP, XLM, Silver, the Dow Jones, and Netflix. Hope you enjoy!
This is not financial advice. Purely my opinion and speculations.