sell USD/CHF @ 0.92950 _________________________ ENTRY REASONS: 1- price is moving in perfect down trend channel 2- the next lower high will be our selling point 3- the entry point will be perfect as it is one of the fib levels
This video is the first of a series of videos that I hope to post on how to build wealth. Of note, in this video, I imply that Tesla's stock grows at an equal rate to the rate at which the money supply expands. Although this has generally been true over the past couple of years, over the longer term, Tesla's stock (TSLA) price has grown faster than the rate at...
In this video I am highlighting how we may see a $10,000 Bitcoin this cycle due to where we are at on the weekly oscillators and the very negative macro conditions effecting the market. We may get a retest back to the $19,000 level on the daily but $20,000 is now serving as a major resistance. I believe it is unlikely that we get above a $20,000 Bitcoin anytime...
As the merge from proof of work to proof of stake gets closer for Ethereum there has been a bullish relief wave hitting the market. I do believe that Ethereum is leading the charge in this relief rally as the merge will have a major impact on the entire cryptocurrency market. Ethereum on the weekly looks like it's on an up trend to hitting $2200, but be...
I don't believe we are out of the weeds yet and still have a ways to go with this bear market. The Federal Reserve's aggressiveness towards raising interest rates to combat inflation isn't the best conditions for a bull market in asset markets in general. We still haven't had any sideways movement with Bitcoin just yet and I don't believe we've found a true bottom...
Cheers to everybody in Bitcoin and in cryptocurrency! Very exciting times to be in this space. It's always great to know that pretty much everybody in Bitcoin is profitable whenever Bitcoin reaches new all time highs! Ideally we want to hold the $60,000 level for Bitcoin but dropping below $60,000 is always a strong possibility. I believe the first real major...
Ethereum is looking to make some nice gains for the month of October. Fundamentally Ethereum has never been stronger and we've finally broken out of our downtrend we were in all of September! A retest back down to the lower $3000 isn't outside the realm of possibility.
My thoughts on btc. I'm crazy tired. In the last couple of weeks/months working overtime all week. Got a new girlfriend, but still analyizing the markets. Wanted to make this video quite some time ago, but didn't manage to find the time. Thanks to everybody watching it. Health is more important than wealth.