Nice level of support and bullish reversal. Good RR option.
We love this market structure. Over extended markets means time for a breather. Keep our accounts protected and risking only small % of account for big gains.
I hold 2% of btc in my crypto portfolio. Will only look to buy below $25k or above $60k. I like this wave pattern.
Retest of bottom is likely on this price action chart.
Dollar made an attempt to recover but it wont happen. I expect a decline in the dollar down the bear channel. Unless channel is broken with a higher higher we will continue lower. Trade with caution.
We love a good cool down period on the jpn225 index. Driving the xxxjpy cross pairs to the downside.
We have a h n s pattern formed. Selling opportunities in the horizon.
I am adding to my put positions on this instrument. I expect 30-50% decline in the upcoming 90-120 days. Recession in inevitable.
We have been in xrp sine 14 cents. We love this instrument. We can see $5-$7 in the near future. We have a new position at $.95. Great potential in the new currency of the world.
We have most of our bigger positions late nov 2020. We have re-entered again at 1900-2000. We expect to see 7000-8000 price points with in next 12 months.
I wanted this big pull back after a huge move to the upside. After the market gets enough rookie money accumulated it was time to knock them all out. I would love a pull back to 61.8% before the next target of 2000-2500 within the next 12-15 months.
We will hold xrp for a while. Sec wont hold xrp from going to $6-$8 in the next 15 months.
Although still very strong tendency to go higher there is a possible dive since dollar has rebounded. $20,000 price point is possible.
I want us to get to 61.8% then we will be looking to long until 400-450. Be an investor not a gambler.
In my opinion now that the market took enough new traders money it was due for a rest. A lot of money has been take off the table now and new traders are in fear. We see the US dollar pulling back which could make bitcoin pull down to $30,000 and if we breach that level we will be heading to $16-18k. I personally had 4 coins sub 9k and have sold 3 coins to buy at...
Great hedge for the crazy bull stock market. I smell a market reset soon... very soon.
For over a decade now we have fallen. Bull run is coming and it will be around the corner in the moment least expected. Stock market can not go up forever. Reset is coming and I will be hedging with this instrument.
I think SQQQ is a great hedge on this crazy bull run of the stock market. We are at low levels and we will proceed to do an umbrella to the high. Small investment will generate huge returns on the next upcoming months coming up. (12-24 months.)