24x long here with bitmex, stops at $9300. Let margin call be your stop loss. Hold it all the way to 15~20k.
The risk/reward of entering is beyond redemption.
FED rate cut tomorrow, first time in bitcoin's history.
Bulls only need to go sideways to breakout, bears will have to drill it down $700 to 9k and still no guarantee of breakdown.
For the bears:
Is the tail is wagging the dog or the dog wagging the tail?
Notes on the chart, you need to understand basic technical analysis.
The only reason Tether is able to keep its 1:1 peg to the US dollar is with its redeem-ability to the US dollar at any time. No single entity is able to defend against market forces by simply 'spoofing' USDTUSD pair.
Tether can be both...
Sell on the short term on the broken long term trend line, including the possible Q4 market wide correction on trade wars..
A buy of a lifetime anywhere near $120~200 if the company still survives from a lower stock price and do not get drowned by debt.
(At this point, I AM not shorting. It is simply too risky, just keeping a lookout for a buy)
just a dream~ continue stacking every month ;)
its a multi decade journey...
If the price of silver follows the monetary base, we should have a silver price of $61.6 right now.
Gold silver ratio:
Just buy physical Silver here, and close your chart.
Come back in 5 years and flip your silver to gold. Repeat that process by flipping back to gold once the ratio hits 80 again,
I'snt it easy? You've just found yourself a trading strategy for the rest of your lives.
You dont have to trade a lot to achieve the same returns as the actively managed funds out...
Every hedge funds and their wife, dog, cats, kids are short bonds.
Everyone is trapped in the narrative of the FED's rate hike.
The bus of short 10 year treasury is full. Its time for a train derail.
In a risk-off environment, do you think the FED will ever hike rates further?
Adding another level of uncertainly is the...
Mark your calendar folks, September 19/20 for the FED's FOMC.
Given the volume profile right now, we're in a pretty fair value range. Going up/down $5 within this range will determine its trend for the next few months to years.
I'm having a little bullish bias here, but we'll see the market says soon...
If oil does broke out, watch out folks! We're in for $90...
The writings are on the wall.
So have the People Bank of China (PBOC) just spent the last 8 months shaking out yuan speculators in the midst of a US dollar weakness?
A quick peek in USDCNH shows that we're sitting on a trend line right now that I've drawn since 2016. The wick down and V bottom also further validates that...
One of the HUGE HUGE overlooked projects in the midst of the current cryptocurrency boom. I was rather surprised that the price against BTC have been kept that low up till now.
Counterparty relies on the bitcoin network for security, and implemented as a side-chain. It does not actually compete with bitcoin, but in a way it complements each other.
ZEC usually move sideways, and when it does breakout it is fast and furious.
Looking at ZEC from another perspective, the ratio of ZEC / XMR and ZEC / DASH we can clearly that this is technically more superior within the basket of anonymous currencies that's generally accepted (eg: listed in bitfinex)
It is definitely a...
Evidence speaks for itself.
Oh boy... The alternative cryptocurrency market is in a mega-subprime mode right now.
I'm guessing that we're still in the 2006's? Not quite close to 2008 burst yet.
P.S: Enter if you're daring enough, with a 10% stop loss from this level.