"Be fearful when others are greedy and greedy when others are fearful.”
Possibly one of the most influential quotes of all time when it comes to investing. While this is necessarily not always the case, Warren Buffet understands that the whole merry-go-round that we call the stock, gold etc. markets are based on one, though far from simple, thing: psychology of...
I love holding Sturm Ruger stock, and it returned me a cool 30% last time I held it from buying at $50 and taking profit at $65 after the Parkland shooting. RGR has an inverse relationship with news media sentiment for the firearm industry because they're customers are driven by fear as much as enjoyment of owning and operating firearms. Every time the news...
EOS in free-fall !!
BITFINEX:EOSUSD is down by more then 83% this year!!. We are looking for another significant drop to the @2 level, thats another 45% wow!
From my experience stay on the sidelines.
Follow your Trading plan, remained disciplined and keep learning !!
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Hi I show you some different view on Bitcoin now, I am looking for sentiment and Fear & Greed Index.
Fear & Greed Index is now on 12, that low was in April 2. Everytime in this year if index was under 15 than price go up.
Stochastic in history look similar like now.
Februar 2. Index 8 (100% up in 13 days)
April 2. Index 11 (42% up in 21 day)
June 29. Index 16 ...
Based on my Analysis: How impressive the bears are for embarking a lot of people in their coup. My last resistance barrier is at 3838 USD. But I see already a resistance above that.
The bears are so strong, The price has already breached it a bit but it didn't fully rushed through yet .
The price is about to slow down. We have a good pattern seen in the...
Tech stocks and Cannabis have been seeing massive growth over the past few months. Because of Trumps Tax Cuts and Jobs Act of 2017 tech companies have bigger profit margins, they reinvest their profits in Company Share Buybacks, job growth hasn't increased much. The problem is this has caused a massive BOOM in the market this year, we are seeing exponential growth...
So, where are we right now? Everyone is acting like Bitcoin is doing unpredictable things and are getting liquidated. In this market context, which is a bubble burst, we have to keep in mind a couple of things before entering trades:
What drives a bubble burst is market-psychology and an alternance between hope and fear: an alternance between FUD and FOMO.
El Bitcoin está apoyandose en una linea que hace de soporte, y tras las fuertes caidas pienso que no bajará por debajo de los mínimos anteriores e iniciará un rebote más importante que el de esta mañana.
As i said in the last 2 BTC's analisys, where i've build a levels map to identify the interesting levels area as dynamic support and resistance,
i've a clear short view from 10.800 based on several long period patterns which are showing much more realative weakness than relative strenght.
Long period approaches presenting a nice and wide bear channel coming from...
Have you ever read the story about the fox, the wolf and the moon?
It was written by La Fontaine. To sum things up, the wolf wanted to reach the moon but an optical illusion made him chase it down a well...where he drawned.
This tale is both simple to understand and actual since people are still trying to chase a "moon" that could definitely hurt them.