Just documenting this one. I think it's clear the bear market started, and I can already anticipate what we can see going forward...prices could eventually peak at $75,000 on the next bull run, but we will have to wait patiently for that. My plan is to accumulate more $BTC value in my crypto account with my remaining funds, and simply holding off from adding cash...
Just an interesting technical trade using Time @ Mode, my mentor's methodology. Shout out to @timwest for developing it and teaching me. Cheers, Ivan Labrie.
I really don't like $FB, this is one of the reasons I never trade it. I'm extremely biased towards seeing $FB collapse, so, I tend to be emotional about it which affects my analysis. That being said, I think a short basket wouldn't hurt. A long/short portfolio seems optimal to me here. Best of luck, Ivan Labrie.
I think we can short $AAPL at market open, next year...tight stop here. Risk small for a big return. Cheers, Ivan Labrie.
I was doing some screening for technical patterns and found this chart. Fairly interesting setup, looks like it has good upside with low downside risk. The daily flashed a buy in $SPRBTC 4 days ago but weekly will confirm a buy in $SPRUSD this week on close, and considering the range expansion and increased volume, something is definitely cooking here. I'm not...
I think it's possible $BTCUSD might have ended it's 2 year bull market, and now entering a correction/consolidation phase. I'd expect some altcoins to fare well, so I will try to outperform $BTCUSD strategically shorting when needed, and holding exposure to select altcoins in my portfolio. I have reduced my crypto account size to be a mere 25% of my net worth in...
I'm holding longs in precious metals, and also long individuals stocks with interesting valuations and trend signals. That said, I'd like to hedge my exposure to the market by shorting $SPX, and this might be a good chance to do it. It might be a good time to have a long/short strategy. The stop loss is tight here, if the setup works, it can be a good r/r trade....
As per my previous forecast, when we attempted to buy the bottom (and succeeded), $EURUSD started tracing what now has evolved into a full fledged weekly uptrend with enormous upside. You can join the trend here if you were flat, stops can be tight, a bit under today's low. Best of luck, Ivan Labrie.
I've been holding longs here, as per my previous publication's updates, my cost basis is around 333.25. It's clear the weekly is now trending strongly up, and what we have been predicting as possible may come to pass. The only worrying thing is the monthly outlook, which suggests the trend might be topping soon, but, on the other hand, there's also a signal that...
To anyone lucky to be in this insane move, I'd reccomend to trail stops or exit here. Shorting is risky always, in crypto, but selling for something that isn't so inflated due to hype would work. I'm sure there will be a ton of rabid bulls jumping at me for this post, which would further confirm the signal of a top here. Cheers, Ivan Labrie.
I've been monitoring sentiment data and concluded that the rallies I see in altcoins might have to do with the fact that the recent drop in $BTCUSD might only be a shake out before seeing higher prices, since people freaked out rather quickly after the drop. If we were seeing a top, they would remain calm and complacent, and count their profits in advance, when...
$USDZAR offers an optimal long entry here, risking a drop just under 13.5490. Best of luck! Ivan Labrie.
Reuploading, hopefully audio works well this time. Cheers, Ivan Labrie.
In this video I explain how the trend signals work and what we are doing to stay one step ahead of the market. Cheers, Ivan Labrie.
I've revised my analysis and figured out what paths are possible from here onwards. In any case, buying BTC is not safe nor ideal now, since we might get a consolidation sooner rather than later. The corrections that may form can take us way lower, or simply sideways from wherever it tops, but, overall, they imply no more growth after time runs out, for an...
I believe we're topping here. I'm out of BTC but also out of exchanges, so I would only risk sending small deposits to bitmex or okex to go short if willing to. Otherwise, being in altcoins like $BCH or $ETH, would pay off similarly possibly. There are other picks we're in, but won't disclose all here. I'm long $BCH but I'm in no way endorsing or supporting Jihan...
In this chart we analyze the relationship between $ETH and $ETC pairs, and the timing of fundamental events to come, which bode well for a repeat of last year's events. Cheers, Ivan Labrie.
I'm long $NGAS from here, risking a drop under 2.9, I think we have good odds of having a significant rally off this zone, with low risk. Best of luck if taking this trade. Cheers, Ivan Labrie.