Basically what happened before and this would piss enough people off, imho. Barely tapping June lows, rally for #SolanaSummer 2023, but still having 80% underwater, then goblin town to root out believoors en up only for 2025.
like clockwork and 90% will still f*&( it up.
Just Eat take away has a lot going for it. Has a stubborn CEO that seems to getting used to the idea a public company is different from his attic hobby (how it started).
Amazon has a interest and my guess is they want to increase market share till the day they buy it all.
Ideas on chart where I buy and sell.
Don't know much about histor.... uhm Macro shizzle.
All I know is, I am looking at the dollar to long crypto like a degenerate. Seems like a temporary top to me. I don't believe THE cycle crypto bottom is in yet, but I believe some rally is due.
I thought about this, because a iAdam and Eve is forming on SQLana imho. <-- my favorite shitcoin that I long spot and...
Just a quick analysis of this week. What I would really want to see is a total breakdown to 30k, so we can reset the board, but we probably won't go lower than 42k before Q1 2022 sees some restoration.
Whenever this thing goes, it has serious rocket power.
Natural gas can be used for hydrogen and the existing infrastructure can be used for hydrogen. YoY investments are done in this industry.
Demand grows every year
As much as I want to see this thing go to Goblin town (ever since I made a sweet short-call, but didn't pull the trigger), if this rounded base remains and 10.8 flips, would be sad to see it go higher again. Clean break below 10.6 might invalid this horrible scenario and short redemption is in play.
Dollar Milk Shake would attribute, while NOK struggles.
Macro trend analysis of the EURUSD keeping accumulation and distribution as the main starting points of this idea.
Would say it seeks the lower levels as a restest or total breakdown. DE30y-US10Y points at a possible different outcome. As long as the EU has uncertainty about Eurobonds and unity, I think this idea will play out. Especially mixed with Dollar Milk...
Trying to understand what's going on with SPX . Fundamentally it should not have done a V-shape recovery, but with FED printing like there's no tomorrow. Why not 2900 or a bit beyond?
ATH in 1 go seems surreal, as I can imagine a lot of people would want to secure long. So squeeze to 3130 and next stop 2500?
Study of Coffee. An old nemesis, missing the bottom a few times.
I believe we have to look for a bottoming pattern right here or test some lows (bottom of bear flag). Long term I believe it will go up a lot again, but considering current market conditions, lower support may be the thing to look for.
Believe we will see some more downside because of the travel bans - related to Corona and once we hear sounds of vaccines and containment we will see an inverted head and shoulders emerging or a "Nose" / W pattern. This will most likely coincide with OPEC measurements.
Trade Idea on USD/NOK based on US-NO yields and rising wedge on the weekly. The Krone is usually in lockstep with USOIL, which I expect to drop early December (ARAMCO IPO holding it up and inventories showing lack of demand).
Target 8.95 demand zone. 200 pips, yes, please
The left move is starting from demand, sees 3 compression moves and supply eaten - price moves up. Mind the curve. Price gets rejected and moves into a bearish channel. Channel is broken on demand and we see a similar move that ends in a rejection, price moves accordingly (this would have possibly been short), then moves up and gets demanded again(perfect short)....
Based on the weekly close on the 0.5 fib above 9.4k, I'd say we are good on the monthly, MACD is picking up, the volume is as well. Next weeks should complete a big fucking bullish candle, but as long as we stay above this pivot, fun times ahead (or short and fun on bad times).
If we close the monthly bullish, testing 11k, but should pass to 13.5-14k and finally...
Based on green weekly en daily, by Force Index and price history, I decided to take this trade with minimum investment for educational purposes only.
I am looking for roughly 3:1 R:R trades.