Hi guys hope you are doing fine. As you probably noticed im shorting BTC and ETH all the time after this crazy 50% pump. Below you can find some little market overview.
USDT.D - dominance:
SPX:
NASDAQ:
US30:
So im considering all this as bull trap and everybody will get shot to the head from bears that probably are preparing some serious rifles. Of course I can be wrong and BTC still can be pumped to 25k but the market conditions are really really bad, and they didnt changed at all globaly. The whales builded in the beginning of the New Year some serious hope, but this HOPE will not last long and it will be killed. For me its too early to open leverage longs. For me its a short opportunity.
Regards from Czech Republic.
Jarek
USDT.D - dominance:
SPX:
NASDAQ:
US30:
So im considering all this as bull trap and everybody will get shot to the head from bears that probably are preparing some serious rifles. Of course I can be wrong and BTC still can be pumped to 25k but the market conditions are really really bad, and they didnt changed at all globaly. The whales builded in the beginning of the New Year some serious hope, but this HOPE will not last long and it will be killed. For me its too early to open leverage longs. For me its a short opportunity.
Regards from Czech Republic.
Jarek
Comment:
This is what I see now. I belive whales are slowly selling right now to all moon long boys and girls. Be careful...
This is what I see now. I belive whales are slowly selling right now to all moon long boys and girls. Be careful...
Comment:
Added more shorts. Entry level is 23850$
Comment:
Im updating the chart becasue Im thinking all the time if I will be right and from now we will see correction.
Im updating the chart becasue Im thinking all the time if I will be right and from now we will see correction.
Comment:
So far so good...
Comment:
Ohhh yeahh... We are going to 25k, wait... I said 28k, 32k. Just so many moon calls here at tradeingview forum. I recognized the distribution phase because it was so obvious to see. Does this means we cannot go to 28k? Absolutely not! We can go there but not right now there are no conditions globally in the world !!!
Ok so we have FED meeting at 1.02.2023 ? What do you think that Powell will say? Do you really belive that we are going to have SPX rally to 4300$ and Nasdaq to 12800 levels? No... Inflation is still crazy high in Europe more then 15% in most of the countries. Here in Czech Republic we are having prices like in Switzerland :D.
BTC will fall, and it will be below 12k maybe even 10k. I belive we are approaching nice 50% short and going into depression stage ;-)
Regards!
Jarek
Ohhh yeahh... We are going to 25k, wait... I said 28k, 32k. Just so many moon calls here at tradeingview forum. I recognized the distribution phase because it was so obvious to see. Does this means we cannot go to 28k? Absolutely not! We can go there but not right now there are no conditions globally in the world !!!
Ok so we have FED meeting at 1.02.2023 ? What do you think that Powell will say? Do you really belive that we are going to have SPX rally to 4300$ and Nasdaq to 12800 levels? No... Inflation is still crazy high in Europe more then 15% in most of the countries. Here in Czech Republic we are having prices like in Switzerland :D.
BTC will fall, and it will be below 12k maybe even 10k. I belive we are approaching nice 50% short and going into depression stage ;-)
Regards!
Jarek
Comment:
Comment:
CNBC :-)
Stocks close out a jubilant January
The greatest comebacks of all time: Rocky Balboa, JNCO jeans, Apple and now… the US stock market.
US stocks are off to a very strong start in 2023 following last year’s abysmal showing.
The Dow gained nearly 3% in January. The S&P 500 rose 6% and the tech-heavy Nasdaq Composite soared almost 11%. That’s the Nasdaq’s best month since July reports my colleague Paul R. La Monica.
The rally is largely built on hopes that inflation pressures are starting to abate. That should allow the Fed to issue smaller rate increases — and possibly even pause them later this year.
There’s a growing sense on Wall Street that the US economy may avoid a recession and instead wind up slowing to a so-called soft landing, a gradual slide in economic conditions that doesn’t lead to a massive spike in the unemployment rate or a major pullback in consumer spending.
The bottom line: There’s a strongly held belief amongst investors that stock performance in the first month of the year predicts performance for the rest of the year.
That may be so, but the pace of the rally has left some investors skeptical about its sustainability, especially with a Fed policy decision, fourth quarter earnings reports from corporate titans and a jobs report ahead of us.
CNBC :-)
Stocks close out a jubilant January
The greatest comebacks of all time: Rocky Balboa, JNCO jeans, Apple and now… the US stock market.
US stocks are off to a very strong start in 2023 following last year’s abysmal showing.
The Dow gained nearly 3% in January. The S&P 500 rose 6% and the tech-heavy Nasdaq Composite soared almost 11%. That’s the Nasdaq’s best month since July reports my colleague Paul R. La Monica.
The rally is largely built on hopes that inflation pressures are starting to abate. That should allow the Fed to issue smaller rate increases — and possibly even pause them later this year.
There’s a growing sense on Wall Street that the US economy may avoid a recession and instead wind up slowing to a so-called soft landing, a gradual slide in economic conditions that doesn’t lead to a massive spike in the unemployment rate or a major pullback in consumer spending.
The bottom line: There’s a strongly held belief amongst investors that stock performance in the first month of the year predicts performance for the rest of the year.
That may be so, but the pace of the rally has left some investors skeptical about its sustainability, especially with a Fed policy decision, fourth quarter earnings reports from corporate titans and a jobs report ahead of us.
Trade closed manually:
Hi, had some holidays with family. Trade been closed at 21600$ with huge profit. It was a good ride. Now Im waiting what will happen, threre is a lot of manipulation. Market is not clear. Expecting some FUD arround 24.02 because of Ukraine war, then dump.
:D LOL