Wait for a close above 38731.67. A close above 38731.67 will expose 41275.96 as a potential target for take profit. I am looking for a close above 38731.67 and a retest of that level for an entry. Take Profit is 41275.96.
The price of any asset is always the correct price because it is the level where buyers and sellers meet in a transparent environment, the marketplace. A price trend is the most accurate reflection of the market’s sentiment. When buyers are more aggressive, prices rise, and when sellers overwhelm buyers, prices decline. The stock market trend reversed The S&P...
Bitcoin meeting what appears to be major technical resistance at $39K. Make no mistake, this could break out to the upside in a squeeze type of fashion. If you trade it long in this set up - a case for which there is technical evidence - I would suggest conservative profit taking. My overall view remains short for now, but it is at a KEY AREA! God Bless
In this 5 minute update: * I want to leave traders with a more optimistic perspective. In the last video update, I failed to point out all of the positive indicators that I am seeing in the market. I review all the support levels that have been found on the indexes and crypto leaders.
Bitcoin is oversold and sellers are EXHAUSTED. Bitcoin is showing a swing high, swing low pattern that is similar to beginning of 2021 and mid-2021. This makes it so hard to be bearish... Bitcoin's technical indicators, on-chain analytics, historical data, and short-term fundamental outlook is becoming increasingly bullish by the day. WHAT HAS HAPPENED...
BTCUSD D1 As mentioned before (see reply post). We expected a bounce from this support price here, our $40k mark. Pushing 7.5% from this rally so far, with a possible 15% corrections in total before the next possible downside wave. $40k zone still valid and holding effect, great to see, gives us confidence going forward.
Threw together this handy chart. Will the cycles continue? I have a hard time believing that there wont be a bear market in crypto before the next halvening. Prepare, don't predict! Let me know what yall think!! Happy Trading for 2022!
The market is extremely overheated, overbought, and is reaching a peak. US equities have been going up since March '20 and some traders are worried about a looming depression. The concern is valid. The government keeps printing money, spending money, raising the debt ceiling, COVID is STILL spreading, CDC changing guidance, tapering, interest rates, etc!...
Since 1982 the FED has been on full throttle with the M2 money supply . Based on Debt based system anything though of being an Asset has been inflated to which I see a major turn in our Society in this year T he year of the last bubble . I look for a major CRASH into a panic into oct 2022 basis . I do not see anything that can stop what...
I was extremely wrong about the US markets since S&P was trading around 3200 I thought the market is trading at the TOP, any how I believe the market is trading at the top now and if there is room to still go up I doubt it would pass the line around 4900 what would follow is a CRASH the longest and fastest crash in human history I could be wrong again
Update" Because watching the noobs on Youtube go from bullish to bearish is just funny... This channel has been relatively easy to follow
Shib Inu Review meme coin no fluff. I cant say whether or not Shib Inu will reach $1 as it has its own issues to sort out. Is it possible yes is it probable thats where I take issue. I typically advise against buying too much Shib at one time because of its status so at the end of the video I would like to invite you to the Hive platform if you haven't heard of it...
In this video: * I look at the leaders in the crypto space * I discuss some potential caution flags * I discuss price action on the DJI Index and something to watch out for * Be safe traders!
Changing Market conditions: 'There is no such thing as the goose that lays the golden eggs forever'... market conditions do change but the beauty of it is that we have access to many markets. At the end of the day is a matter of choosing what to invest and trade in. This Last year was mostly crypto. Yes we did cover some energy commodities (oil to 100) , food...
This is a personal forecast - This is not a signal Fibonacci structure using trendline to forecast a potential bounce long to the 23.6% mark on the Fibonacci structure. SB Capital
$SRAX is a unique company with technology that aims to bring transparency to markets, the Russell 2000 has been strong lately but will it be sustained in a potential rising rate environment? Or can SRAX over come it all as it aims to turn a profit? Time will tell
NVX Had a perfect buy opportunity in the retracement. Do you think it's time to sell, Or should one buy the breakout? Let us know in the comments!
What we have at the moment Either we go up and our capital will become 1.5 trillion. Bitcoin is the number one means of payment, the most status brand. The number of coins is limited. Everything can be regarded in bitcoin. In my opinion, the price is below 2 trillion of total capital (if you rely on coinmarketcap) this is a sale. Position: long. lol Expectation:...