Seems that AG has retraced enough. We open long right at 12.33 USD with stop loss at 10 USD looking to target 40 middle term.
Silver is a "commodity" that attracts me because of its scarcity and industrial need for batteries.
Let's see if it plays out.
** This is not financial advice, do your own research before risking money ***
This is an idea that could play out in the shorter timeframes. Personally, if this pattern plays out i'm buying back around 39k.
Remember, this is valid once it brakes down the orange line. ALTS will follow the bloodbath.
As an investor i would love a correction in BTC as there has to be necessarily a wash out of overleveraged trolls.
This is my idea of XRP once the settlement is done.
I have to say, i don't like XRP, but I had put a substantial amount on it because it's pretty clear to me.
Fundamental user case
Weekly strong divergences
We are looking at 10x here on BTC.
**This is not financial advise, do your own research**
There's not much to say on this one. To me is pretty clear.
I've left my other huge investment in BNBBTC to just focus in this one.
I've bought at 0.00433 LTC/BTC and I'm planning to hold it some months other coins are also on the move (ETH, ZEC...) but I specially like LTC because nobody is paying attention to it, that's for me the best set up...
Long time since I didn't post feels good to be back.
This is my next investment idea which I have dedicated a good chunk of my crypto portfolio.
You will have everything explained in the graph. The first two purple lines and the grey box are the zones to brake for the price to go further afterwards there's not much to say. Fundamentally, I cannot...
This is my view for BTC in middle term, kind of extreme i know, but I believe we are due for huge correction that will lead us to 2k levels. If you look the picture you will see that, if my idea is right, we should be still in a bear extended scenario B.
Please share your thoughts, I know that almost nobody will agree this idea but fundamentally...
BTC have traded up for a while, and right now is testing the bullish line.
What can we expect? A close today below the trendline in blue (around 6780) could mean a reversal is likely to occur, heading 5900 target.
I am looking a formation of Hs's again. Which could mean that if the signal is validated, we could be heading downwards to 5900, and...
Here is IBEX35, major index in Spain. As you can see, things are getting uglier and uglier here.
Do not get caught in this enromous bullish momentum lately as you might get your ass kicked.
There's no strategy here as the neckline have not yet been broken, but it will, within the right time.
This strategy is no longer available if the index...
Finally seems that BTC will likely move downwards. Forming an HS's in the daily timeframe.
I'm not usually trading this short timeframes as they give conflict signals, but this time, with all the recession, qe, unemployement, Covid19 etc. I find it a good opportunity to do it + weak volume.
Stop loss @ 6800 USD
1st Target @...
Seems that this index is going to take a deep breath and show us some strength. Personally i will trade this with stop loss really far away (due to volatility) so here is the strategy i am going to follow:
Open long IF today closing price is higher than 2500.
Target around 2900.
At 2900 i will start to add on shorts as i...
I am expecting one leg down still, but LTC looks to me ready to buy on the long term. There is a triangle forming on the larger timeframes and in my opinon is an asset way oversold with actual fundamentals to be used. I will not go leveraged instead i will buy on spot market.
If in the coming weeks, ltc does not reach this point, i will reasses....
I will wait this pattern to make the pullback first as it is a safer way to trade.
Short @ 0.24500
Stop loss around @ 0.26000
Target @ 0.18500
***I am not your financial advisor neither I intend to be do your own research before risking your money***
Price got out of last week's range so a potential pullback is likely to occur.
Limit long order @8300 or less
Stop loss @8000
I am looking for a possible HS's building in the weekly timeframe, but before that I would like to see a recover and weekly close at around 8700 in the following days.
I never thought I would make such statement, but I have reasons to believe that coronavirus have just triggered the new recession.
Prepare yourselves, this is gonna be painful.
Nobody likes to wake up from "the way overvalued market" but it is like it is.
You can choose whether to say in cash, buy bonds (preferably treasuries) or...
It seems we have reached the 0.5 fib retrace from last low on the weekly chart and all is set to rebound.
-For those who say this is a cryisis hided with coronavirus, I say, unlikely. There is a hided debt crysis, but it will not explode now, first governments will use everything in their hands to expand their debts to limits where nobody could...