needmoney90

needmoney90 Updated 

XMR appears to have formed an inverse head and shoulders after it's multi-week consolidation from all-time highs, which signals that the bottom has been found, and a retest of the all-time high is possible. If .0265 is broken, the head and shoulders pattern will be invalidated (and form a lower low), so that's a good place to set your stops. Otherwise, hold for a...

needmoney90

As expected for a cup and handle, we see declining volume as the price falls, indicating less and less willing sellers. With the current geopolitical atmosphere (negative interest rates, stagnating economic growth), Bitcoin seems primed to receive an influx of attention and adoption during a flight to safety. I expect Bitcoin is going to be a pretty wild ride...

needmoney90

Counterparty looks like it's been heavily accumulated in the indicated areas, and just broke through historical resistance by chewing through over 150BTC in sells. This is likely headed much higher. First target is .01, followed by testing historical resistance at .02 and then .04. Bitcrystals and Spells of Genesis have been getting a lot of good press lately, and...

needmoney90

The Monero bear market appears to be over, and the bull is back. First target is 0.00265 at prior resistance.

needmoney90

This trade is a prediction, instead of an actual trade I'm taking. I believe that if crude oil supply keeps dwarfing oil demand for much longer, we're going to run out of storage space, and oil for immediate delivery will sell for a fraction of its true value. How long the immediate delivery prices will last, I don't know, but I doubt I'll be able to capitalize on...

needmoney90

I've been in a short on the S&P for a couple weeks now, and thought I would share my current trade. This trade specifically depends on no new quantitative easing in the US, though I'm not sure that Quantitative Easing will even make a difference anymore. Prediction: No new highs will be made in the US markets for at least the next 5 years. Without intervention,...

needmoney90

Looks like a massive cup and handle forming. This could be big.

needmoney90

Scalp until a break of one of the scalp zone. *Edit: Thats a 1/2 angle, not a 2/1.

needmoney90

This is my first published chart, posting this more for my profile than anything. If the 1/2 gets broken (~245.28), short with a tight stop and walk away. If the Fibonacci wedge isn't lining up with the price properly, zoom out one level.