XRPUSDSHORTS is through the roof guys! squeeze or crash? pick your bet, I am betting up.
*** THIS IS NOT AN ADVICE, DO YOUR RESEARCH AND TRADE WITH YOUR OWN RESPONSIBILITY*** The US dollar index has been going up but seems to be losing stream and has formed topping patterns as well. I see a lot of people not looking at it, but often good traders will always keep an eye on all sorts of correlations.
*** THIS IS NOT AN ADVICE, DO YOUR RESEARCH AND TRADE WITH YOUR OWN RESPONSIBILITY*** Typical Descending Triangle Target 3,000 USD or 310,000 JPY *** THIS IS NOT AN ADVICE, DO YOUR RESEARCH AND TRADE WITH YOUR OWN RESPONSIBILITY***
*** THIS IS NOT AN ADVICE, DO YOUR RESEARCH AND TRADE WITH YOUR OWN RESPONSIBILITY*** TA Diminishing volume H&S pattern early entry provides great R/R ratio FA Recent pricing increase could drive some subscribers out
*** THIS IS NOT AN ADVICE, DO YOUR RESEARCH AND TRADE WITH YOUR OWN RESPONSIBILITY*** Fundamentally, Apart from what people think about the CEO's criminal charges, contrarian thinking, that changes nothing in terms of business structure, fundamentally ly JD.com still is the second largest shopping website. Now, let's look at the chart, the H&S pattern is...
an hour ago *** THIS IS NOT AN ADVICE, DO YOUR RESEARCH AND TRADE WITH YOUR OWN RESPONSIBILITY*** XAUUSD just flashed a buy signal. The Inverted H&S pattern neckline has already broken, and if we look closely at 4 hour chart, a pullback testing the neckline as support further confirms the fact. Inverted head and shoulders pattern has a success rate of 79%~88%...
Buy EOS, the chart is self-explanatory. The overall trend is still intact which is up. And now we have a falling wedge pattern breakout. Do your own research. ***TRADE WITH YOUR OWN RESPONSIBILITY, THIS IS NOT AN ADVICE.***
US-China tariff war is killing China as it is the factory of the world. Look around you, how many things says 'made in china' on it? What does that mean? It means obviously China's economy is heavily relying on exports. Like what's been written on zerohedge here. 'In this context, a Sino-American trade war is not only most unwelcome but also untimely. In July,...
First of all I'm not saying USDTRY won't go higher, but it definitely looks like parabolic curve completing with buying climax. Hence I would short when the parabolic curve is penetrated. ***TRADE WITH YOUR OWN RESPONSIBILITY, THIS IS NOT AN ADVICE.***
S&P classic double top pattern, give us nice risk reward to short it. I'd like to short this next monday, fisrt thing in the morning. Since markets are correlated, $DJI the Dow Jones Index is going to drop too. ***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
BCHBTC chart here is showing a classic falling wedge pattern Judging by historical support/resistance, the bottom is very clear here. We can simply put our stop loss under 0.1 key support and a get a very nice trade with risk reward ratio greater than 8 ***TRADE WITH YOUR OWN RESPONSIBILITY, THIS IS NOT AN ADVICE.***
Twitter still is the most under-valued high tech stock. Last year 2017 I called $17 bottom in my private group and people didn't listen, the best time to buy was at the bottom, the second best time is now. *This is NOT investment advice, trade with your own responsibility.
Last year when I bought ETH at $350, no one believed that it was going to $700 or even $1,000. My thesis here is whenever there's network effect working, the value of an asset is going to increase, exponentially!! **This is NOT investment advice, trade with your own responsibility.
*This is NOT investment advice, trade with your own responsibility. NVIDIA has a topping pattern on weekly chart, shorting here looks delicious from a technical point of view. Especially when taking NASDAQ topping into account. shorting over-valued names could outperform shorting indexes.
COINCHECK was the most popular exchange in Japan in 2017, where BTC shot up to $20,000. I kind of sense that the FOMO was originated by Japanese and Korean people. Earlier this year Coincheck announced that their NEM wallet got hacked, accounting a loss of over 580 million USD equivalent. MONEX then cut a nice deal with them by buying the company at a huge...
The chart pattern is called symmetrical triangle which could break to both sides, but fundamentally everything is pointing to a huge correction, potentially even financial crisis. If that were to happen, Gold and Silver are going to rise significantly acting as a value-shelter. Keep an eye on it. *This is NOT investment advice, trade with your own responsibility.
NETFLIX apparently is overvalued, however for some reason it hasn't been retracing much. On the other hand China and U.S is fighting with tariffs. My assumption is that it would finally trigger another financial crisis, starting with Chinese housing price dropping significantly. It is a well-known fact that China is in a huge bubble. If you don't, search 'ghost...
NASDAQ is on the edge of a 30% retrace which is healthy and the bullish trend would still be intact. *This is NOT investment advice, it's just my personal opinion, trade responsibly.