Let's see if this plays out. My favorite low risk setup after a break in market structure. Short targeting 63xx.
BTC rally getting pretty extended and we're at nuclear resistance. Will need to recharge imo before we blast through. Not looking for shorts until we have a significant high time frame break in market structure. Until then, gonna keep a bullish bias and ride the trend. BSV is the real bitcoin btw and don't let anyone tell you otherwise. btw, fuck pomp.
Eth/usd margin long. Entry on break and retest of 172.50. Target around 208.
Hello. I wanted to keep this for a little later, but earlier today US congressman Brad Sherman has announced he was looking for colleagues to join him in introducing a bill to outlaw cryptocurrency purchases by Americans. Which forces me to post this as early as now. First it was China (where the trading of Bitcoin and other cryptocurrencies remains stricly...
Bitcoin has arrived at the 2018 floor. Will the floor turn into the ceiling? Ruin your life here: www.bitmex.com
Can you imagine a Tesla bull say "evil big money they knew" when all this information was available to the public? I would not be surprised actually. I don't get how clowns like this get involved. Nyways this is the story: Elon & Kimbal start in 1995 with a dot com company named Zip2, with money raised from a small group of angel investors. They took advantage...
Google suffered the biggest one-day tumble in its history - some $70 Billion wiped out ! Alphabet announced about 2 hours ago that Eric Schmidt the CEO for the last 18 years, will resign from June 2019, and will not seek to be re-elected. This is not great for investor confidence in the short term. Schmidt's resignation won't cure Google's woes anytime soon....
maybe, love is the answer either way
Weekly Fib Confluence to the Extreme Bearish Reversal Candle RSI Below 60 Which is Bullish Support so Resistance for now Stoch RSI Oversold 3D Composite Index Bear Div Stoch About to Cross bearishly Approaching Upper Cloud Resistance (price in cloud) Daily Flat Tenkin Sin (acts like a magnet (price @ 160) Bear Div Stoch RSI / RSI / Composite Index SL @...
As I expected, we very slowly and weakly ran into resistance and rejected it, once more. This is it. It is highly likely we are now entering the final phase of denial. This is probably going to be the week the price sells off. Finally! We are I believe - this part is speculation and does not impact how we should be trading this - going to fall to the lower line of...
Looks like a bull flag on this Ponzi scheme, maybe Fidelity is going to buy all of the shares, lol. Obvious short squeeze. Not really sure what to do with the gap as far as setting bull flag targets, but I wouldn't be surprised if this thing hit $200.
Hello, there is an arabic proverb that says "The dogs bark, the caravan moves along/passes". Applies to crypto, as illustrated here: Now, does anyone know what happens when you fire a bullet in the air? Right, it first goes up at supersonic speed, then slows down, then tops, then falls back down, and it falls down much more vertically than how it went...
Here's one that's "Benefit"ing from the bubble. Flat revenue, no growth in last 4 quarters, negative income yet trading at 7X Revenue. That's right, a P/S ratio twice as high as AMZN for a money losing company with no growth. Incredible. I wouldn't short it though, institutional holding is 120%. It's a continuous short squeeze. Just more proof we're in a...
Get ready for the big short to 2k, same actors in play that left the 3k liquidity pool untouched gonna liquidate shorters on okex and some degens at mex in weekend again before the mother of all barts (moab) to lower trading range at 1.8-2.4k before one more corrective bullrun to max 13-16k with avg at 8-10k. If that happens, cash out and come back at 3 digits....
Wayfair will be reporting its quarterly loss this Friday morning. If I was inclined to short anything in this market, it would be W. That being said, I have no position. It's really hard to short a Ponzi scheme in a bulltarded market. I expect their annual loss to be over half a billion dollars, but that's worth a $10B market cap right, lol? The only reason...
In this video update I make my case for one last blow-off top in the SPX500. I breakdown the chart using Elliott Wave and Fibonacci for technical as well as discuss the impact of the inverted yield curve on the equity space.