Took positions in BG last year, & ended up trading out too soon. Here is a good dip & options are cheap, not trading advice just a MACRO play. As long as food prices are going up & Russian Export Taxes are increasing then Wheat Grain & Biofuels might still be valid fundamentally. Bunge is a global player so please check out their Fundamentals, SEC Filings &...
I read some stuff on social media bashing General Mills about price increases. While I don't agree with corporate greed, rising prices and outlandish CEO pay, I also don't agree with sitting back & doing nothing. I don't have all the answers but I did get into supply side trades last year. I wont give away all the details, but not buying the obvious things that...
The Bollinger Bands said buy a few days ago. Not a trader, don't teach trading. This signal has been making gains both in the traditional markets as well as in Crypto. Using the red arrows AND volume as sell signals it also has protection for the downside. That said, Bitcoin is making huge headway regarding adoption & Taproot, brings smart contracts to The...
Is ENJUSD a good buy? I've heard everything about this coin that it's supposed to do so many different things. I've been looking at this patter for a couple of days. Again just like BTC had there are "Four Soldiers" marching up & it may go higher. Lots of short term selling rn but it's been steadily gaining. Any ideas?
So we already see four daily closes going up, which suggests this pattern will continue. I'm not an expert on TA, and have been wrong, but usually bigger patterns like this are bullish short term. I am also not a trader, so I don't give trading signals or advice. By that same token 🤭 we are up over $10K www.bptcrypto.com , since I posted in September. Even though...
From 2017 to 2020 it was acceptable long term analysis to view BTCUSD on the 4 hour time frame. Now that Bitcoin is over 40K it no longer makes sense to view it on the 4 hour time frame. If you are still trying to look at Bitcoin on any time frame under 4 hours you are trying to be a day trader. Bitcoin's so called volatile price movements are the result of the...
Synthetix Network is down 31% since Feb. Maybe now is a good time to trade this coin. It's forming descending wedges & triangles on weekly & four hour charts.
The USD Currency index has dropped by more than 40 points since 1985. The story of today isn't Bitcoin's price drop, but how much less your dollars buy, year over year for 36years. The science of Macro Economics, is a study of long term price moves, not short 5 min time frames. People fascinated with shows on CNBC think they are traders & 99% of them fail in the...
Entered a Kellog's Option position a few months back, for not a lot of money, & made massive gains today on earnings. I didn't even know today was earnings, but sold on the news. Overall still bullish on grain, as the world is expected to have a food shortage at some point, causing major pain at the grocery store. I've really been a commodities trader my whole...
That's it, it's dead this time for sure. OMG Bitcoin is probably going to crash to $35,000 😬 No seriously there is lots of sell pressure from weak hand noobs, & ppl who took massive profits.
Not really anything of note other than, it seems that the market is facing resistance not seen since ten January 21. Will we push through even higher or is it only a matter of when?
Huge Triangle forming candles stacking on Daily fit inside each other "Russian Nest Style". I don't know if you all trade off of this, it's usually done on traditional charts, which crypto seem to be able to form more predictable based on massive volume and adoption. Especially in DOGE, I'm not a shill and at present own zero bags. We've discussed the very real...
XAU BTC Chart priced in Satoshis. Gold making all time lows vs. Bitcoin. Verifiable math, or rocks someone told you were rare. You choose.
I would never suggest anyone invest in XRP, which is Ripple's trash pseudo crypto... BUT many suspect that after the selloff there will be a huge albeit temporary bounce where traders can gain some Sats. What do you think? Will you trade XRP?
Last nights breakout did not have equal selling during the first pullback, so I was very bullish & not selling still holding a small position.
The XLM Bulls may have quickly run out of gas here, purely speculation.
Despite having entered this BAT position I must say it doesn't look good for a short term bounce trade. There are shooting stars starting to form & It'd probably be wise to wait this out or buy lower in order to maximize satoshi value.