Not investment advice. How to read the chart:
Markets poised to go higher, same companies driving the price action higher blah blah blah its all been said.
I see a few possible scenarios and ill rank them in order of probability in my opinion:
1. Markets continue melt up higher, inflection point at the purple rectangle/The Line. We may take a breather here and...
Parabolic price movement requires some out of the box thinking. A lot of traders wanting to call a top are typically burned and end up buying back at higher levels. While I would encourage profit taking consistent with your risk tolerance, I wouldn't encourage trying to time "the big short"
Did the price of Bitcoin go up extremely fast? Yes
Is it overvalued?...
Still long ALGO, have added on significant price declines. Downside scenario in yellow rectangle where I will be accumulating again.
Looking for ATH+ in a few months, stay the course
Not investment advice
Avax is another L1 that I like to keep my eye on. I traded in and out of this a few months ago but after doing some research and using the blockchain itself personally, AVAX has been a name thats grew on me.
Im bullish on many L1s including AVAX. So what is Avalanche? Its an open-source platform for launching decentralized finance applications and enterprise...
Large % of bitcoin "hodlers" purchased in the last 12-months. Everyone wants to get rich quick. We all know how this story ends. I have been in the room of many conversations, texts, tweets, etc. That all sound like this: "OMG wow look how much BTC bounced in one-day (after falling 50%+ in 2 months), this is the future, it literally can never go down again, HAHA,...
😴 log scale, down then up. Get your discounts.
China cracking down on crypto (again, 12th time). US regulatory news circulating. Some will sell, but overall I am bullish long term.
Not investment advice
Not investment advice. ADBE provides essential tech for all businesses. Strong track record of growth, and good overall company.
Its my view that large cap growth (us tech) can continue to climb higher, generally. However, there will be a focus for investors on high quality earnings which ADBE provides.
This is a longer term trade where you should feel...
Just for laughs - human sentiment explained by real quotes from the tradingview chat over a recent BTC chart.
Feel free to comment your favorite emotional statements below. Again, just for laughs, treat everyone with respect.
Not investment advice.