Hi traders, i'm back again with another technical analysis. My accuracy was at 100 % on tradingview (on my 7 year career it is at 78%) but as you may know, my last prediction on bitcoin kinda failed a bit as i expected a bigger rise instead of a downfall. Traders can not be always right, even professional ones like me :(. Anyways Im back again and i have pretty bad news. The Nasdaq could sell off very badly in the next few months and the sell off could be as big as the wallstreet one ! why ?
1. MACD BEARISH CROSS (ON GRAPH), (LIKE IN 2000)
2. RSI OVERBOUGTH
3. BOLLINGER BANDS BEARISH CROSS (LIKE IN 2000)
4. Bubble Mania on Cryptocurrencies like the dotcom bubble in 2000s: generally bull runs tend to trigger new technologies and bubles in this revolutionary technologies, when they burst its usually a red flag that the Nasdaq will go down. In 2000 it was the internet now it is the blockchain. Im not saying blockchain hasn't a future (i think this technology will be as big as the internet is today) but you need to consider that there was a bubble and it burst and well…
Follow me if you want to increase your winning rates and learn how i trade. I will maybe give the indicators that i use in my office if i get the permission of my company. Im the owner of the redfund tradingfund (private fund) as well as another private fund (can not say the name :)). Will be active again !
1. MACD BEARISH CROSS (ON GRAPH), (LIKE IN 2000)
2. RSI OVERBOUGTH
3. BOLLINGER BANDS BEARISH CROSS (LIKE IN 2000)
4. Bubble Mania on Cryptocurrencies like the dotcom bubble in 2000s: generally bull runs tend to trigger new technologies and bubles in this revolutionary technologies, when they burst its usually a red flag that the Nasdaq will go down. In 2000 it was the internet now it is the blockchain. Im not saying blockchain hasn't a future (i think this technology will be as big as the internet is today) but you need to consider that there was a bubble and it burst and well…
Follow me if you want to increase your winning rates and learn how i trade. I will maybe give the indicators that i use in my office if i get the permission of my company. Im the owner of the redfund tradingfund (private fund) as well as another private fund (can not say the name :)). Will be active again !