The stock dropped from 230 peak to 208 low in 2 days , with earnings coming February 22 , might be dangerous to short too soon . I think the stock goes up to 230 again before earning then either go up to 260 or drops to 180 if it misses estimates. also next week is cpi . if makets crash on cpi data would be good idea to buy on the dip and hedge with puts a day...
Took a loss in a trade earlier this week . We all know how parabolic and risky is too short btc . Main weekly resistance now is at the 24.2k who knows if it will just keep going up . Also next week fed meeting on rate hikes. Expecting some volatillity next week
Like I said at least 10% move now it’s getting way overbought with rsi at 80. NASDAQ qqq at resistance at 292 I don’t think this pushes any higher
Meta at resistance again opening out position and will add at 157 if it keeps going up . But I think it’s already due for a pullback
Short btc below 23000 I think it will pullback again . First time it failed to move down we will see it if this time around bears have more momentum
Short at 406 or below . Just like nasdaq qqq won’t go above 292. I think the market will realize next week that it’s not clear yet . next week fed meeting and rate hike they will hike until 5% like they keep saying. they are months away to pívot and by the time they do the economy will be a deep reseccion
let’s hope this is not a fake wick up . Tired of this coin being manipulated to stay low . every body selling while those scam bags at coinbase even after delisting it . they hold over 1 billion tokens worth more than $400 millions usd. And that’s just coinbase . Not public yet but I suspect they are parteners with ripple and are settling transactions using xrp....
Like I said Nasdaq at resistance 290 and recession coming next half of 2023 they used this pump to exit their position . gDP at 2.9 and we all know how the rate hikes take time to effect . There is no doubt the economy will continue to shrink . The market will most likely end in red and start a final move down . Just my opinion
I don’t know why the market is struggling to break above this resistance . 290 seems the top for now . Would be nice for ir to retrace here and re enter long at a dip We are still months away from the fed to stop for the rate hikes and dollar is at a important support . I think NASDAQ retraces here . Good luck
So TSLA earning report is due tomorrow at market close . I really don’t see much resistances below 190 and support at 110 . it either retest for a double bottom or breaks above resistance and head toward the 190 200 area . Which would be nice . So it now depends on the earning report . I expect at least a 10% move after market closes tomorrow to either direction
Alt coins will out perform bitcoin in the short term , just watch alts go green for a couple days while btc retraces or consolidates
There is still more room for money to keep flowing to alts and crypto market like I said once this line broke the bear market was over . I think the market can push higher before a significant retrace.
Once we get out of this downtrend we will never see xrp this low again . olmost 2 Phuken years!! on a downtrend . Can’t wait for momentum to start picking up above 0.42 and expectation of the lawsuit decision should be enough fuel to keep going up until the veredict . For now it can still get rejected but highly unlikely .
If they can fill in the gap at support that would be a nice long entry opportunity . am adding more calls there but will also hedge with puts because that resistance 123 area was too strong for a while now it will get tested . anything below should be bad so be careful
So today the last motion was filed to the court from the SEC. that was the last thing on schedule . From now on we won’t hear from them until the judge gives her Ruling wheaten xrp is a security or not. usually the judges will take couple weeks to rule on a matter so I think there wont be an exception here . Hopefully soon. But that’s all we are waiting right now....
Just as expected 400 proved to be too much for bulls . It would be very nice to add calls at 382 380 . also DXY is at support and I don’t think that would break soon , so in the short term I think spy pullbacks .
Lol those scam bags thought they could push the price that high without a punishment lol . this thing will drop a bit more and then you can buy the dip ok then it can moon
Maybe a retest of 124? not sure if this down treline will act as resistance , Gona take some profits here and will hedge with puts the remaining Good luck