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Lets keep it simple.
We see BTC/USDT trading in an flag pattern on the 1 HR. Which way does the market want to go?
Don't forget your Stop loss. Let's watch closely.
This is not Financial...
We impressively were shown just how strongly correlated bitcoin is with the global financial markets.
The hopes of many that BTC would be a safe haven and thus inversely correlated with the stockmarket, proved to be wrong.
This means, the next years will HIGHLY depend on what the global markets will do, and therefore how this pandemic will be resolved.
As usual, I like to keep my charts as simple as possible. My last two weeks have been spot on and I was able to make some nice profits.
This week I'm keeping it even simpler. I do NOT try to predict the markets. I take the high probability trade setups the market gives me.
I'm waiting for either a breakout above the diagonal trend line (with a retest) and then...
I love the parallels between the previous market cycle in this one.
This is a projection based on the previous market cycle's price action. While time is difficult to predict (can't tell if Dec 2021 will actually print the next ATH top), price action should be fairly similar, keeping the monthly EMA ribbon as support and going into the euphoric parabolic rise...
With the RSI and declining volume over the past couple of days I believe this will lead us into a bear Monday so good time to offload puts.
Followed by a good rest of the week possibly reaching ATH before election.
Going into elections I believe there could be an event be it a contested election coupled with rising Corona cases globally or aliens invading that...
Hello traders and investors! Let’s see what’s going on with Tesla today!
It just hit our target at $ 461.88, which we have been discussing since the beginning of this month (check the link below to my 1st Oct. analysis), and it finally seems it is going to seek the All Time High at $ 502. The Cup and Handle chart pattern is doing a great job in pushing the...
Please give this post a thumbs up if you appreciate the visuals on my profile I've posted for the crypto community
First of all: I got trapped and shorted the bottom.
Second of all: The 1st bull run is for learning and the 2nd is for earning. THUS BEING SAID, I'll be taking this entire bull run to really learn things that only come from experience, and...
Will we see it play like this, conveniently right up the middle parallel channel of the big trend?
Will we see new all time highs as soon as early November?
With a nice Christmas correction like we're all used to by now?
Lets do it!!!!
GOOGL has a major yearly trend line resistance that coincidentally hits @~$1700. Following historical trends, google should fail and retest the bottom yearly support trend line. Depending on what happens with the election google could once again fail that line and head to the next support line. $1500 will be retested at some point.