Lately, there has been a lot of buzz about BTC! Will it breakout or not? In the end, it did not as we predicted with the accuracy of a surgent in our most viewed post till now that you can find in RELATED IDEAS.
Here is a nice school example of how ETH does the breakouts and probably similar pattern will be played in the near future. We will write more about that...
Shorting was already super expensive. But now, now that the company had their first quaterly earnings release since IPO, the thing is taking off.
Sales rose 215% and are expected to grow tremendously in the future. Now I do not know how it works, but the company is not profitable.
Earnings are something like -1$ per share or so. A growth stock. If they sell way...
My Personal Alt Trading Strategy
Bitmex trading takes up most of my time and hence, I do not get enough time to TA Alt Coins.
Now, Bitmex is profitable, but just to scatter my risks, I ventured back into ALT Trading last month probably after a gap of 6-7 months.
I came up with this indicators based ALT trading Strategy that I'm sharing with you all here.
I use two...
Confirmation of FOMO Signals
1. Open position after Candle Close or new Candle Open
2. Make sure price is below Holy Trend Line (HTL) for SHORTing.
3. Trade with the trend (Downtrend).
4. Close/consolidation above HTL indicates possible trend reversal
Total Profitable Trades in direction of the trend -> 7
Duration -> Less than 30 Days
Hey guys, as you've seen on my previous forecasts on BTC and XRP, I've started to accumulate and increase my holdings. Besides the technicals, my bias is getting even more long biased due to the massive pessimism around inexperienced traders and overall media coverage. As you can see on the chart above, this is not the first time the world has witnessed such a...
Describing this last hype cycle from 2013, after the old All Time High of 1000$+ price found a solid floor at 200$. After some months in those lands, it incremented to more than 400$, starting the first "Fear Of Missing Out" cycle, because the demand of people wanting to buy bitcoin was really noticeable at that point, so the price made a short term bubble.