TA: Bitcoin has made a strong move, although overshadowed by Ethereum's big pump- but we have to look at the fact that Bitcoin has disbanded from the correlation with the SPX- this can be a good sign for BTC as the tide and narrative will shift to Bitcoin being one of the best investments this year. As we can see BBTC has made a strong wick upwards, in...
Pump is coming... Enjoy ~Bo Bugra Sukas
TA: Balance of Power indicator looks like it has made a reversal, when that happens we consequently dump but that is a sign of institutional buying pressure- as the sell pressure is rotated to a small percent of the market buying the cheaper lot. At an important traditional and Fibonacci level- therefore if we don't break above expect a retracement in the green...
This idea will probably make 2X. The question is are you ready for it? Enjoy. ~Bugra Sukas aka Bo
Unless you are salty because you are missing gains; it looks clear that the Altcoins have been steadily gaining momentum for some time. HOWEVER, Some will disagree because they are simply missing out on these moves and because it is unlikely that we will have an Alt Szn where everything pumps just as we did before because people are buying smarter now and with...
FA: Britian have failed to strike a trade deal with the USA due to Covid and that being a priority currently- however, this was something that they were relying on after Brexit. Therefore, there may be downward pressure on the Pound. Response to the outbreak was rather lackluster and a Brexit deal is looking more unlikely with the EU prioritising their response...
FA: Tesla has been parabolic the past few weeks and has formed several new highs; the release of the earnings is bound to create volatility both ways. Option traders are using a straddle strategy where they are predicting a move of $200 in either direction with the use of the SAP volatility INDEX (VIX) which we can see sometimes does correlate with the volatility...
This idea will probably make 2X. The question is are you ready for it? Enjoy. ~Bugra Sukas aka Bo
This idea will probably make 14X. The question is are you ready for it? Enjoy. ~Bugra Sukas aka Bo
We have been complaining- futures volume was low; the Satoshi Gods have answered- Bitcoin finally moved. However, till we break above that red zone- I would book profits and see how the trade further develops because we might dump and continue trading flat for another 10 years again haha Volatility we missed you. Enjoyed making this chart for you, please check...
Not to promote Knife catching but every time we have had a retracement, we have seen a subsequent rally. Clear unbroken upward trend, therefore buying in over here would not be the worst move. Eurozone has far more momentum than the UK due to response to the coronavirus and opening much sooner- will that thus relate to the value of the Euro? or as usual the weak...
FA: After receiving a bailout from the German government, Lufthansa proceeded to rally but was not able to take out resistance and has thus retraced to the lower 8-9 zone Restrictions have been lowered and travel within Europe is now picking up again; with the Business travelers being one of the main customer groups for Lufthansa Budget airlines are set to...
FA: Currently, EU leaders are discussing the possibility of a Corona Virus Stimulus package; with there being a standstill between the frugal four (Austria,Netherlands,Sweden,Denmark) and the "Club Med" members (Greece,Italy and France) whom want the stimulus to be treated as a grant but the frugal four disagree. As discussions go on, and the lack of news in the...
FA: Blockchain casino coin based in London. Strong Reddit and Telegram community. Project that is ongoing and slowly makes progress if it is your cup of tea TA: Rallying for resistance, could have good upside potential if it does go past that level you could gain 100% if you sell at the right area Past chart data would make it a coin I would stay away from...
FA: Earings release- the last earnings where the estimate was higher than 0.05 per share it led to the stock rallying by 40%- unless, the earings surprise is a negative one; we can expect a rally from Vanda Pharmaceuticals. TA: Currently been trading in a limited channel- lack of momentum could lead to a dump if earnings estimate is negative or perhaps mean no...
✅In this video, we talked about WABI. I see a great potential in this short trade. Take it easy. ~Bo Bugra Sukas ✌️
✅In this video, we talked about Tesla. I see a great potential in this short trade. Take it easy. ~Bo Bugra Sukas ✌️
FA: Global supply chain issues have made the logistics of semi-conductors even more complicated; thus we can expect rising costs and lower profits The Tech cold war between USA and China if led to Chinese retaliation may lead to US semi-conductor companies being hit hard the most as China contributes to 60% of the market demand of semiconductors Skyworks...