After a 35% drop, and a big controversy surrounding this company, FB might be at an interesting area to reenter positions in it.
What we are living now, with Facebook, is one of the most interesting experiments of the 21st century, where we are seeing if the individuals are able to accept the lost of privacy and reevaluating the meaning of it. This dip has been...
Most of our posts have been focused on the crypto market.This is the first post on the traditional market. From hour stand point of view we still have at least two to three years of play time to enjoy the bull and irrational market.
We haven't post much this week due to the conditions of the market, although we think that the bottom has been set we need Bitcoin to start showing strength. Trading ranges are narrowing each day, and until a break out occur and the market starts showing a clear direction, we need to be patient.
This is our view on the total market cap:...
I do not think that the market will show its strength until October, but its showing enough to start taking actions with a goal of a mid term target.
I will be making a chart analyzing further targets such as 350 and 1500 once we get to 100 and the markets look much more healthy.
Is important to remember that we are in a bear market and they can stay irrational for a long period of time. Until we are able to trade above 60 dollars comfortably we need to focus on a lower time frame chart.