CULT is new. It has become very popular lately. Wouldn't be surprised to see this trade higher in coming months/years after this bear market has passed.
It's not unusual for cryptos to correct 80%, 85%, 90%, 95% or more. I would not be surprised to see CULT dip to these prices.
Hey, shout out to the XRP Army. I don't hold any XRP myself, but I see all the bs ya'll go through. lulz rough go.
Don't be surprised if it returns to a 97% decrease from all time highs. Of course, it could always drop more...
The chart suggests BNBUSD has had 84% corrections from all time highs.
I would not be surprised if we see the same thing. It's also worthwhile to note that since other crytpos have dumped 95% before, BNBUSD could too.
Be prepared for that.
Historical BTCUSD chart data suggests that it's not uncommon to see these very large market corrections.
We could see this market fall much further. I also know that some cryptos drop 98% in value from previous all time highs before pumping again.
Don't be surprised if BTCUSD does this.
This is a macro perspective on the cycles of DIA.
I want to focus on all time highs and the corrections that come after.
Currently DIA is sitting at about a 19% decrease from all time high value.
As the chart suggests, this market could drop even further. Don't be surprised if it does. These things happen.
Due to the recent financial sell offs, I've seen many panic and even claim "an end to financial markets". In fact, I understand their concerns. However, many of these individuals are newbs or have not taken a close look at the history of the asset(s) they hold. This is exactly why I have chose to begin posting again and would like to explore the...
I'd like to see price hold this resistance on the daily time frame.
If price breaks and closes above $65.68, then I'll close the position and salvage what I can.
I expect price to continue to move lower and check $28.
Why did I buy puts with a $30 strike? Because price has already checked the $38 price level annotated by a check mark. I think price could push...
I'm expecting price to hold this current resistance on the 4H.
If price breaks above current resistance, then I will close these contracts for a loss and salvage what I can from the position.
My profit target is around $28.
So, why $28? Because price has already checked the $33 - $30 price level noted by the check mark. I think price could move lower to the...
I'd like to see price hold this current support level on the 4H.
If price moves and closes lower than $35.80, then I will be closing these contracts for a loss.
Why did I choose $42 as a profit target? Because if you zoom out on the 4H chart, you will see a price level that was created between 28 FEB and 5 MAR 2020. I believe price could reach the peak of that...
It may be the case that GE is in a strong up trend. I'm expecting price to hold current support and push up past the most recent resistance. I'd like to see this happen within the next 2 weeks.
So, why $14? Old resistance suggests that this price could be the next area for price to find resistance. This resistance was created late May, then tested again in late...
I expect price to break through previous support after being rejected at the current resistance. It's possible that price will move to $7.78 and $7.34 within the next 2 weeks.
Therefore, I purchased 12 MAR 21 8 PUTs. I plan to sell these contracts at market value, if they make it to speculated price level.