Double Bottoms evident on chart show each time price swings upward following these bottom patterns The first one and this current one are very similar as they are Ascending Double Bottoms, with a higher low I expect price to rise accordingly to the pattern
BTC triple topped into the ascending triangle which broke down to the downside, an extremely bearish move. I wondered why altcoins are up and I believe it is because everyone is liquidating out of BTC and potentially into stablecoins. I strongly believe this investment by the US gov into the IRS is to crack down on illegal principles funded by drug dealers,...
Hey Traders, Please be careful, don't be stupid. NExt week wil be bad. And by bad i mean bad. Safe Trading please, -Pulkanator
"IRS has a bounty on anyone who can "break" Monero's privacy. The fact that they have to pay for this just means Monero's code is brilliant. Further makes me bullish on privacy coins if the IRS doesn't like them" - not my quote break that diag in the next 2 months and keep above that HVN and POC then monero will see some gains
The I.R.S. has been rather clear about their intentions to collect taxes on cryptocurrencies , yet vague about in what fashion to do so. Many in the crypto community bought some of their first coins on coinbase basic, despite their exorbitant fee's and wild point spreads , and coinbase as well as coinbase pro (gdax.com) , being U.S. based companies have been...
Greetings once again BTFD members, lurkers and first timers! Weclome to the greatest show on Earth right now!!!! Its been a really fun and exciting path towards finding the TRUE value of Bitcoin since the rather over-inflated peaks of December and January So what is the true value of bitcoin? its different for every person to be frank and thats why its having...
2 ways up 2 ways down Which one suits you?
I'm short $FB with $89 puts that expire in few weeks, $87.5 puts that expire in August and whole assortment of other FB puts. IMO this is like trading with inside information, the news is available, but hidden well in Facebooks last 10K filing in January 2015. FB says " We are being examined by the IRS" in that filing. They also say "We are unable to estimate...
FB has hit resistance at $83. Three times was not a charm for $FB as it could not close above $83. The daily stochastic indicates a sell today. My favorite indicator at present is the Aroon up, I use it to indicate tops in FB when it hit 100. It did hit 100 on Thursday and went lower on Friday. When it hits 0 in about 15 days, I expect FB to between $74 and $77....
As far as I'm concerned the perfect buy and sell indicator is the Aroon up indicator. Sell Facebook when the Aroon up hit 100 and buy when the Aroon up hits 0. It gave a sell on last Thursday at 100. If you look at the daily chart here you will notice that the Aroon up gave a sell also at about the same price on 6/4. It hasn't given a buy signal so a short remains...
The high was $82.89 and the low was $80.07, $81.48 is a 50% retracement. On a 45 minute chart $FB had a Doji at the retracement high. Also I notified another News outlet about the IRS audit of FB tax returns that is mentioned in their last 10K. The tax loss carryforward credits that FB has used and are not eligible for, will cause FB to restate earnings for the...
Fundamentally Facebook has serious problems. Their last 10k states " We are under examination by the IRS for 2008-2010. Our 2011-2014 Tax years remain subject to examination." This information is well hidden in the notes to financial statements in Income taxes. Evidently FB has taken tax credits on $3 billion of tax loss carryforward over the last 3 years, that...
The IRS has a rule about Tax loss carry forward and change of ownership of a Corporation. The tax credits that FB has taken since the IPO will likely be denied. We are talking Billions of Dollars here. So instead of being a high pe stock. it could become a no pe stock. Losses instead of earnings. This information is in the 10K for 2014. Hidden in notes to...