Not enough fear in the market. Social media analysts are looking at every blip as a pump signal back to 50k. Greed has overridden minds. The deep drop would capitulate the entire market creating a fresh start for the next move up. all imo.
I AM NOT GOING TO PROVIDE FUNDAMENTAL ANALYSIS OF THE CRYPTO-CURRENCY MARKET!
HOWEVER, FUNDAMENTALLY, THE OVERALL CRYPTO MARKET IS SATURATED AND FOR THE CRYPTO-CURRENCY INDUSTRY TO TAKE OFF, A CULLING MUST OCCUR!
ALIGNING MYSELF WITH THE AUSTRIAN SCHOOL, I CANNOT HELP BUT BELIEVE IN BITCOIN'S EVENTUAL DISAPPEARANCE, ALTHOUGH I THINK THIS WILL OCCUR IN THE DISTANT...
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so I think everyone in this space saw what happend yesterday. The biggest percentage and point drop in Bitcoin in all of its history.
A rounded 40%decline in 1 day. An incredible number for any trader.
There are now some key questions to be asked:
What really valuable...
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I got a lot of questions from my Estonian followers: "What do you think about Baltic stocks?". In the next following posts, I...
These are exciting times! BTCUSD has been charging north up to 10,000 - and into a zone of structure. Nerves may set in. People have forgotten about the ALTS where there is now 'blood on the streets'.
I review a bunch of ALTs where nobody would want to invest.
Disclaimers: This is not advice. Your losses are your own.
This is a rare and exciting example of a bubble that popped.
Testing the theory that the best time to buy is when there's blood in the streets, would anybody buy this stock now?
Well I don't imagine many people would buy now. I'm not tellin' what I'm doing!
This is not a recommendation to trade securities. If you take a position and lose your money, kindly...
- Too many too strong resistances withing a down trend of the green symmetrical triangle.
- Most of the resistance is between the SMA200 and MA200.
- We test the red Ichimoku on 4h= another strong resistance.
- We are below the red Ichimoku of daily = another strong resistance.
* Closing daily below 10k = bearish...
- We don't have enough volume buying power to...
The XRPBTC blood spill is probably soon over !!
122 satoshi are left to fall further ....
Even if we make a false break out and an around the wedge move - it is almost time to go !
If you have not yet loaded the truck - it is almost time to do so !!! (just my opinion)
A perfect "Buy When There's Blood In The Streets" opportunity? I mean what's going to happen. Residential, commercial, industrial, and agricultural customers in Northern and Central California will no longer be using electricity and natural gas?
No I don't know where the bottom is but....that trendline tho (fun fact, same exact angle from 2015)
Bids are in... (they may never get filled, which is v cool, will be focusing on alts in that case)
Primarily the green line (3457.13)
If we drop further I will be buying down to 25XX level. The stop loss pictured here is not automatic.
As a Bitcoiner my risk...
well looking at the day charts you can see how low IOTA is compared to BTC and ETH. Stoch RSI, MACD crossover, RSI all telling you it is buy time. Feel free to join my shilling here. Shorting time is over ;-)
Here is simply what I think the S&P will do in the next two decades. What goes up must come down. Despite political turmoil in the United States, which country is better prepared with a more developed, regulated, and with a perceived "safe" and open financial market, than the U.S.? RSI, Stoch, and MACD all indicate the potential for a strong sell-off. But what do...