Price barely dips and I'm seing a truckload of short ideas, and bears calling for zero. "This is it coinbase is exit scamming". They will never learn.
It's always the same story.
I always hear the same things over and over, endlessly.
GME management has the intention to sell some shares, with the goal of getting $1 billion out of the sale, they registered 3.5 million new shares.
To get $1 billion at a $150 price they would have to sell 6.66 million shares. The ADV dropped to 20 million and I think is likely to stay above the period where the company was undervalued lost and forgotten with 3...
The market is in a longterm Downtrend and in a shortterm strong Uptrend.
Let's look at the daily Chart first:
As you can see it is making lower lows and lower highs.
In addition we can see here a descending Channel.
The next main Levels are also drawn on this timeframe.
Consider the position of the price at...
Dear traders and investors,
I was just reflecting a bit on this long term log chart for BTC; I often see this chart being passed around here and it has even made its way on to mainstream financial news outlets. Most people in the world of finance realize the power of ideas and expectations, especially potentially profitable ones. My question to this community is...
I know it is been quite few months to not post any analysis. However, wonderful moments and others.
Take a look at this analysis, whether it's good for you, it is just based on the areas that EURUSD behave.
Don't make any trade unless looking for long term.
Lots of people see there are head and shoulders. But in reality behave differently since...
I am not a chart technician per se. As in my previous ideas, for the short term, I remain sold on the bearish trend towards $6600 or about. I am not interested in precision TA, but rather behavior patterns which reveal themselves over time (short or long). Just as you might quantify human behavior with data , much is revealed about that behavior and the patterns...
Update on my SECULAR EUROUSD Short. After having clearly failed to break the secular downtrend channel at 1.2500 I continue to stress that EURUSD is overbought, both technically and by the record number of long option contracts. Please do not get caught long EURO and continue to sell on bounces. I trade it daily and been trading it for ages, obviously I rely on...
Market moves in Trends
These trends could be generated by the policymakers (Central Bankers)of respected currencies, Politician's decisions , Geopolitical Situations, Elections, Referendums, Reports, Surveys,Natural Disasters, Etc.
Price could move in million ways. But certain cases of pattern repeat. "History...
The chart I think does not need much explanation.
On my first chart of this coin I took the time to see his full story, his white paper, his roadmap and his behavior. In the second I made a chart to see its possible trend.
I found that it was forming an upward triangle, within which the price was handled correctly until after a doji, there was a sale...
This is my second Ethereum chart.
Ethereum against the BTC growing power, the hackers, the hard forks, ETC, DAO, ZEC, REP.
In summary, Ethereum against Ethereum. I am talking about TRUST and all the weight that this word represents.
I pointed out with vertical lines the most significant highs and lows and they dates, supports and resistances.
The two dotted red...
Chart describes relationship with Federal Funds Rate X Federal Reserve US Bond Holdings vs. S&P 500
Increasingly throughout the years markets behavior has been dictated by actions of US Central Bank Federal Reserve.
Following actions and words of Federal Reserve officials have been important elements in forecasting overall market behavior and direction.