Moshkelgosha

Moshkelgosha

Those who talks about the next big move of Bitcoin to 100 Thousand US dollar 💵 based on the analysis of its previous major moves, could be technically right. But this scenario has another bitter half that no one talks about. Bitcoin has had 2 major bullish trend so far with 51000% and 11700% increase in in its price! But interestingly, both of them followed by a...

Moshkelgosha

Bearish candles at resistance, 12% correction in the next 2-4 weeks!

Moshkelgosha

In the last 3 three correction, you see 34-43% Price correction!

Moshkelgosha

In the last 10 year, Amazon had 5 major correction between 30-36% each time! It is highly likely that it happens once again and price drop below 2500!

Moshkelgosha

This had happened at least 5 times in the last 10 years! It could take Apple to 90 or even lower!

Moshkelgosha

It is really obvious that after any bullish rally you see a 50% correction followed by consolidation pattern! It has happened 3 times at least and we are at the beginning of the 4th one! Previous consolidation patterns last between 18-23 months, be aware of that!

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WHENEVER I FOUND STOCKS WHICH COULD BE DOUBLED IN PRICE IN A YEAR OR SO, I USUALLY CHECK THEIR FUNDAMENTALS. JUST LOOK AT THE ESTIMATION OF THIS COMPANY FOR 2020, AND SEE HOW MODEST IT IS: - 2019 Gold production: 354,405 ounces (AISC of $888 per ounce of gold sold) - 2020 Gold production guidance: 325,000 to 365,000 ounces - 2020 Estimated free cash flow1: $100...

Moshkelgosha

In 2020, we see sharp 🐻 trends followed by consolidation and then another sharp downturn. We have to wait and see in which way it is going to break the consolidation pattern.

Moshkelgosha

Typical double top pattern + Breaking the up trend + close below 50 days SMA

Moshkelgosha

Typical lower high& lower low pattern + Breaking the up trend

Moshkelgosha

Typical lower high& lower low pattern + Breaking the up trend + close below 50 days SMA

Moshkelgosha

In the lest side you can see the logarithmic chart and in the right side you can see the linear chart! I believe I order to have a better technical analysis, we should look at the logarithmic chart! In this case you can see that between Nov 2012 to Feb 2014, Tesla jumped almost 1000%. Then you can compare it with 1400% bullish rally in the last 14 months easily!

Moshkelgosha

This is really classic, if it close below the neck line, it is going to sink fast!

Moshkelgosha

If we look at the comparison between GOLD, BITCOIN, NASDAQ100, S&P 500, EURUSD, and UD Dollar index, we can see these things: 1- BTC: most volatile and the best performance: (-31 to +78%) : More risk and more reward 2-NASDAQ100: (-23 to +40%): Tech giants swallow others! 3- Gold: (-4 to 35%): true safe heaven 4- EURUSD: (-5 to +7%) 5- S&P 500: (-32 to +10%) 6-...

Moshkelgosha

First support zone 34 usd! It could even sink to 30!

Moshkelgosha

Have you ever check NVIDIA’s platforms and solutions? It worths it to have a glance! There is list of whole different platforms with lots of potentials but the most important ones are: - deep learning & AI - self driving cars It seems if there will be a company that could crack the self driving car obstacles, it is NVIDIA..! “Revolutionizing transportation takes...

Moshkelgosha

This is really interesting that when republicans holds the Oval Office, US Dollar has been weakened by them..! In contrast, when ever democrats hold the office their decisions result in stronger US dollar! You may assume it is a coincidence, but it has been repeated in the last 36 years! Based on the chart, Donald Trump will win the election one more time, Dollar...

Moshkelgosha

For those who follow the price action, we see that euro is hovering around its most critical long term level! To me, it doesn’t seem bearish, but we have to wait and see if it could pass this level strongly.