A symmetrical triangle is evident, which means drastic price change in either direction. Looking back at BTC history and previous Bitcoin halving events (every 4 years), the price starts to increase about a year after. The upcoming BTC halving event is estimated at May 11th 2020 at block 630,000 (source: www.buybitcoinworldwide.com). So, will BTC skyrocket? Or...
Bitcoin halving is estimated to be May 11th 2020 (source: www.buybitcoinworldwide.com) This could become the start of another huge bubble. Since 2016 (the last Bitcoin halving), Ethereum has had more positive exposure to the mainstream. The public is more educated on its usefulness and potential. It's become more legitimate. The bitcoin halving is going to have a...
Here's a Schiff Pitchfork I've scaled over the past few weeks. What do you think? Critics welcomed.
The price has gone way above the channel. I'm not exactly sure what this means. Do I re-draw it? Or is this going to come down hard? The way the market is now, it looks like it's going to slide way down to around $220.00 Please let me know your thoughts.
Please critique this Elliot Wave. Thanks!
Uber rallied 38.26% merely on the CEO's call to investors today. The CEO cited that UBER has enough cash to last throughout this crisis even though no one is certain how long it will last. I'm confident this COVID-19 crisis will last through the summer and transition into a recession. Also, Uber estimates 60-70% loss of revenue since this crisis began. Uber has...
This idea is mostly based on observations of COVID-19 throughout the world, news and social media reactions, and the U.S. government's responses (White House and the Federal Reserve). I believe a recession is coming, which is not a direct cause of COVID-19. In fact, COVID-19 is the perfect excuse for one. This contraction is highly anticipated but ignored like a...
Here's an idea based solely on volume. It looks like bear-ish volume that may begin with a slight surge and then continue deeper into mid April. What do you think? My trade is NCLH Apr 17 2020 $5 Put
I see an Elliot Wave pattern here but please correct me if I'm wrong. Critics welcomed.
This is an interesting idea based on outbreaks of SARS, MERS, and SARS-CoV-2 (2019). Novavax successfully created vaccines for SARS, MERS, and are on track to create one for SARS-CoV-2 (2019) - ir.novavax.com Vaccine in development for SARS-CoV-2 (2019): seekingalpha.com Is this a good investment? If the vaccination is successful and/or coronavirus outbreak...