MoonBets

MoonBets

DAY TRADING RULES & TIPS THAT WORK DAY TRADING RULES BEFORE YOU EVEN START 1. DAY TRADING IS NOT A FORM OF INVESTMENT. Day trading is not a form of investment. It is not part of the stock/bond portfolio that you have for retirement. Day trading is a risky business, and you stand to lose everything if you fail. You must accept this fact before you start day...

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SPY is currently sitting at a critical support trend line. This means that it has a decent chance of bouncing back up from here. If SPY drops below the resistance trend line then the downside momentum continues. Also, SPY has already reached my price targets, so congrats to everyone who jumped in.

MoonBets Updated 

Set your alerts for this trend line. GME will have a strong bullish momentum only after it breaks this resistance trend line.

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GME is looking extremely bullish. Yesterday I mentioned that GME needs to break this trend line to be bullish. Don't forget your space suit boys, we're going to the moon!

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SPY is looking extremely weak. BlueWave Gave a red dot sell signal yesterday, add to that an overbought Stochastic RSI. The First Price target is $447. Second Price Target is $443.

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BlueWave gave multiple red dot signals on the peak. Add to that the RSI was extremely overbought. At this point, it's not a bad idea to collect some profits, and re-enter if Bitcoin becomes oversold. (I'm assuming that we didn't know a flash crash was coming)

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Below $5.8 is giving us good RR to go long with it and Volume profile confirms it. Soon it will start curling up to test $9-$10 level

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BGFV has a short float of 40%. Just broke resistance trend line with strong volume

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Volume is a useful tool for studying trends, and as you can see, it can be used in a variety of ways. Basic principles can be used to determine market strength or weakness, as well as to determine whether the volume is confirming a price increase or decrease.  Volume-based indicators are occasionally used to aid in decision-making. In conclusion, while volume is...

MoonBets Updated 

BTC is still in an uptrend, price target 52k Im using 46 EMA and 22 EMA to give me a golden cross.

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We have a strong indication that BlueWave is going to give a Red Dot Sell signal soon, and it can be confirmed with the Stochastic RSI. We also know that Micheal Burry from the big short movie is shorting TLT. Adding to that SPY is close to its peak. So be careful.

MoonBets Updated 

BlueWave really wants to give a red dot signal combined with an overbought Stochastic RSI giving us the Golden signal to exit/short the market. Remember if you don't know how to short the market then it's fine to just hold cash, as cash is king.

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When you see a Green Dot combined with Oversold on the stochastic RSI then you got yourself a solid buy signal with big upside.

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We should reach 52k soon, but it's downhill after that.

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US dollar is overinflated with a strong bearish Divergence. Its also hitting a critical level on the Fib extension. Lots of big companies have been buying physical gold to hedge against the market and some are buying BTC ( that's why BTC is rising the past 2 weeks). So get ready for an economic shakedown. And remember...cash is king.

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Goev Seems like to be forming a Wolf Pattern again. Watching $7.00 too $7.15 zone to see some buyers to get in

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BTC has a strong bearish Divergence and Red dot sell signal on BlueWave. We are also still in a downtrend. So remember...The trend is your friend.

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RSI has touched 30 for the first time since Jan of 2020. BlueWave also gave us a GreenDot buy signal We're also in a great buy zone