Bitcoin is a failed project.
15%+ Downturn in BTC doesn't mean Bitcoin has failed. Does anyone remember 2011 or 2014?
Bitcoin still works. Bitcoin is still evolving and Bitcoin is still facing difficult challenges.
But If you've lost faith that. You lack a brain. no matter the currency exchange, I can still use BTC!
Unlike a broken stock (You have to hope the...
Now don't be fooled we don't see true value in the stock market long term.
Long term = overvalued
Short term = undervalued
We see this a a classic bear trap. Here are a few reason we believe so.
Market has left a lot of gaps to the upside (Unlike 08')
Media are dramatising the situation (Like August 15')
Move was quick, blamed on China (August...
We see this early sell off in 2016 and It seems too soon.
Many Many People have become bears and that personally puts us off
But we think that this is a opportunity to fill the Biggest Downside gap
Beware Bears.. They don't make it this easy to make money.
Please don't get trapped. If you are in profit take it soon
It's been in the media?
It's being painted as the bad guy! Well unlike Kim Jong Un Dropping H-Bombs
China will drop some more bombs in the future but it will be devaluaing the Yuan
Yuan is now in the SDR and many countries are going to start adopting more and more.
We see a devaluation to 6.8 maybe slightly further until you will see the yuan gain...
Happy New Year to Everyone.
New Year's Resolution:
Short the Dollar
Dollar has a great run in the past two years but all of that could change with a few simple scenarios
1. Rate Hike has the opposite effect of the markets forcing a devaluation os the currency
2. CNY starts to gain more and more countries as USD loses more
3. We see another collapse in equity...
Silver a commodity in rather high demand due to more and more people becoming aware of needing a save haven asset such as Silver.
So Why is Silver on the Rise?
Technical terms : It's in a huge descending triangle starting 4-5 years ago. Descending Triangles are good for timing entries and finding the best exits .
Fundmental terms: Demand Increase, Comex having...
This is our Year Long Structure. If we see a break below $300 during the year the we should expect further selling but
We expect to see a gradual rise back to $1200 during 2016
The yellow lines represent "Key Levels" which could act as a support or a resistance.
The red and green lines represent "Strong Support & Strong Resistance.
But this is another very good...
400 has been a great support in the past.
This chart shows if it is broken we will see further downside which is true but I believe we see a break to the upside.
Look at our other BTC/USD Charts to find more analysis
BTC Entry = $470 LONG
BTC Exit = $650-700
BTC Entry = $ 395 SELL
BTC Renter @ $200-300
May the Force Bit with you . Have a Great 2016 Bulls & Bears
Crude Oil has been tumbling in recent times... Why? OPEC? Saudi Glut? IS War?
Hmm Many many reasons to why Oil is falling and It's best if you make your own opinion.
But whether you like it or not, OIL is cheap at the moment and there is extreme value in this very necessary commodity.
Look for a Break @40.13 Targeting 62.05 - 87.48
This could take a year or so ...
LONG USD! KING DOLLAR! Hmm Maybe It's a bit too late
This has been a good play in recent years but after the recent rate and the instabilities within the US economy.
We see there could be a possible devaluation of the dollar to maintain stability or (If it gets really bad) a rate cut and QE4 being implemented.
The reason why LONG GBP is a good play is because...
BTC to hit $1000-$2000.
Now we sound crazy from time to time but I want everyone to remember that 2016 is far more of an important year for BTC then 2015 has been.
1. Bitcoin Halving in July
2. 7 year anniversary
3. More and more users
4. More and more awareness
A lot of investors fear bitcoin because they lack understanding of how valuable the underlying...
The S&P 500 has been very unpredictable this year. New traders why think its normal stock market volatility but Veterans know that its weakness within the market.
So heres our idea of what could happen to the S&P500 over the coming months.
Firstly we see a continued rally into next year.
This is because while CNBC/Bloomberg news will say people are closing...
Bitcoin has had a good 2015 and through our analysis it will have a even better 2016 and a very good start.
1. BTC has a ridiculous amount of long positions (Orders) between $400-$408 this is where we see resistance. If not $380 is the lowest we see resistance.
2. Boxing Day Sell Off was not due to lack of buying
It was to do with two things
"Lack of use" we...