At some point climate might matter with this stock, idk. Are they doing EV? I haven't done much fundamental research. Trends marked. All support. All end up taking the price in a bearish direction. Meaning we may have seen the top or will be seeing top on earnings. There is a potential scenario where it breaks out on the underside of a trend and move to 400, but...
So BTC broke out of the 44k range and retraced back. Weekly closed below 42k resistance. So far bearish picture. Daily close above 43k would be first bullish sign worth a bid. Until then waiting for big weekly support at 32k. Currently the market follows stock market and this chop is PVP battle. Trying to trade low time frames is suicidal, at least for less...
Hello traders! Bitcoin is in a crucial stage of the Bitcoin Cycle(read my post about it, link below). I will explain why, and how it will affect the prices of Bitcoin in the next coming days. If you are new to my TradingView account, The Bitcoin cycle interestingly calls a top every 53 3-hour candles, or 6 days and 15 hours. Every 53 periods, the chart forms a...
It's going to get tough over the coming next weeks.. also today apple announced they bought out Startup Mobeewave for $100m so to turn iphones into payment terminals and compete with Square. Imagine this: they will become a financial institution sooner or later as well as your personal doctor. Think about it... they will measure your vital stats and grant you a...
Everybody likes it simple. Well, this is a tough one. As I promote radical transparency in trading, I'm also showing the reality - how difficult it is in making trading decision, and controlling loss. It is a waiting game, and about avoiding FOMO. Those who do not know what FOMO is, should stop trading instantly. There are losses involved in this position -...