Season 20, episode 2 -- AMD thinks they have The Might Morphin GeForce Rangers cooling fans against the wall, but what they don't know is that you're supposed to buy low and sell high.
Fakeout here, buy retrace. Expecting two scenarios: chop on the first resistance, then dump, or pump up to the 2nd resistance and dump.
Rounded bottom, SPX CFDs very near the top of the gap. 2644.36 would be a good long entry if the market opens above. Targeting 2651.31 / 2675.85. Will try shorting 2661.89.
If the weeklies being unable to capture a close above 97.4 is indicative of a longer term downtrend for DXY, the potential gains on USD pairings is hyuge. Purple marked boxes are my current potential TPs/position flips. I will long USDJPY or USDCHF as a hedge if DXY paaamps but only after closing manually at a large loss
Heavily dependent on fading DXY megabullrunxtreme. Other possible shorts using DXY failing to break highs are possibly USDCHF and USDINR.
With Ethereum Constantinople hard fork coming this month, ethash hash rate will very likely be moving to more profitable coins to mine. ETP uses ethash.
Bounce to short it. Tight stops for risk/reward because I don't like to keep funds on shady brokers for long.
TSLA always goes up. I don't believe current news will have a strong effect on future price.
Now that Deribit's December futures expired, and CME's/BitMEX's will soon, there should be a un-dump with price going upwards. Price around expiration usually dumps because of everyone pulling out their positions before their contracts are settled. Since March will be the newest futures contract on BitMEX the gap should slowly creep up to spot/index price.
Cup and handle, better to place stop tighter for the mad slips or a stop limit
Expecting chop upwards toward the middle of range because nobody wants a market breakdown during holiday season.
Chart is of Bitfinex after tether adjustment, which is about the same as real USD price. Black line is real Bitfinex price and blue line is Coinbase. After a bearish retest of 3.8 per previous idea I've adopted a bearish sentiment towards bitcoin until it pulls liquidity from sub $3,000 or breaks above 4.3. Ideally starting a long hedge here and begin reshorting...
Bitcoin pushing to get a candle close over D3 candle range. I believe it should break upwards and retest. Edit: Daily closed under it while publishing, not too hot. Possibly leveraging long after a close above D3 candle range. TP at 4.8 and shorting 4.9 as a hedge. Would short a bearish retest of 3.8 HVN if price gets there. Otherwise I'm staying mostly flat...
Neat! Longing unemployment bounce by shorting speculative asset classes and finding a nice forest to settle down in for the next 4 years. :-)
This pattern doesn't appear often because stop runs make uneven bottoms or because a higher low rather than equal bottoms is much more attractive as far as cups going ups is concerned. Quite the price point to be at. There is a chance that a failed breakout will mean new lows, which is dangerous for Ethereum if its $100 psychological support is not held...
Very bullish on XRP but would short/sell here to reduce exposure. Partial TP in green box, add long there. Upside stronk.