ive done my research. Parabolic movements go down 85-95% from ATH. BTC is likely to hit the 85% mark so that would be 3k usd. Which is very possible. Looking at past examples of parabolic movements of BTC in 2014, 2011. BTC did have 85% retraction from ATH. The bull trap shown in the chart is there on every year Bitcoin has gone parabolic. Good luck yall
Sorry team, I think I jumped on the FUN rocket at sub 300 sats. I don't think I posted it though!!! Good news is we're now above all Daily SMA's. Short term fib level has just been crossed and held well. ATH fibs we are just under .236% (which I don't see as a problem). MACD on daily shows ranging (neither good nor bad). Everything else looks solid. Like all my...
Fundamentally strong. Technically looking good.
Text-book ellipse breakout with expanding volume, what a beauty! Huge upside potential, $PENN is looking wonderful too. Yeah I said it....ellipse breakout!!
I really like to see the kind of wide agreement we are seeing in price action among the gaming stocks. I'm not yet willing to buy into this but am feeling a blast to the upside coming especially with the big inverted head and shoulders in motion.
LVS faded on Thursday, Gapped up on Friday above resistance but also faded (possible dead cat bounce). Will watch this week to see if LVS retests resistance and pushes through or rolls over and heads lower.
Looking to long 435-430 if this scenario unfolds
Long over 21.70 via Dec 22-24 calls. Earnings coming up next week. Will trim half prior.