turtlebuster

turtlebuster

My analysis shows a trend line for the price of oil that has been broken and now I believe the price of oil will continue trending lower.   Fundamentally, I believe rising interest rates are putting downward pressure on the economy and thus energy prices.

turtlebuster

I've always been a fan of Shell corporation. In spite of the fact they are an oil and gas company I believe they are committed to leading us into a cleaner and greener future. They are well positioned to provide clean energy. In addition, I believe Shell is benefiting from high inflation and high energy prices. The chart for Shell is a great example of both...

turtlebuster

XMR is trending higher. Chart pattern shows bullish flag with flag pole. Watching for a bullish breakout. Manage risk before making a trade.

turtlebuster

Consolidation underway (tighter trading range) Fundamentals - EURO and other countries have been falling against the US dollar. Possible short term price could break up from the triangle. However, longer term I see no reason why the Euro won't continue its downward slide.

turtlebuster

Copper has been in a huge uptrend due to global demand primarily in automotive but other sectors as well. However, rising interest rates and geo political tensions will put a strain on trade and cause a sell off in commodities. The technical pattern is rising wedge. It could take a few months for this to play out.

turtlebuster

My eyes, if I'm not mistaken, can see a trend in the upward direction. While volatility abounds, a support can be found and the sell off in stocks will likely continue. Fundamentals, TNX treasury yields are rising quickly and will likely never return to previous lows. This is not good for stocks. Cheap money is over and investors will not be happy about that.

turtlebuster

LINK broke through resistance and will climb higher. Fundamental, Chainlink has a powerful team of developers with a lot of resources. This token is going places.

turtlebuster

BCH has been under consolidation for the past year. The price will need to break through resistance if the current uptrend is to continue. Fundamentally, I think BCH has a future because many institutions with large computing power will profit from becoming a node.

turtlebuster

I know my idea is simple and your welcome to check it with your own indicators but I propose that this stock is preparing for a torrential uptrend which will finally end a multi year downtrend. The reason is because the price is finding itself bound up within a tighter and tighter trading range over the past year. And with pressure must come release. Sure, we...

turtlebuster

ETH is under consolidation forming a bearish pennant which could break to the downside. I think rising interest rates and energy costs is bad for crypto. I think investors will be seeking safer less volatile assets.

turtlebuster

BTC broke through the YELLOW resistance line in March 2019 and rallied 240%. Then BTC formed a double top in April 2021 and November 2021. The current downtrend is unlikely to be over anytime soon. We could see a massive drop in price if it breaks below the BLUE support line. In my opinion, bitcoin price volatility will lead investors to seek out safer assets...

turtlebuster

The price momentum of ETHER has been in a massive downturn since reaching ATHs. Technicals show a bearish pennant formation possibly signaling a continuation to the downside. Fundamentals, as interest rates rise and war rages on in Ukraine, the economic uncertainty will weigh heavy on investor minds causing them to flee to safe havens such as the US dollar and...

turtlebuster

Yes to this! Strong punch through resistance. More buyers will be entering here. Fundamentals, batman is a huge success.

turtlebuster

XLM is forming a bearish wedge pattern which could result in a downward continuation. Fundamentals - Russia is looking to regulate crypto in addition price volatility could lead to more selling as investors look to hold safer assets.

turtlebuster

"Buy the dip they said" In the past you could reliably buy the dip because stonks only go up. But in my opinion this IS NOT one of those times. Stonks go down. I expect the VIX to make another massive pump. I'm calling for the S&P to hit around 3800-3900 which would be about a 30% drop from the all time high.

turtlebuster

Despite the expansionary monetary policy of the Federal Reserve and the PERCEIVED risk of inflation, the value of the US Dollar has continued to GAIN in value since the 2008 financial crisis. I know my point of view is contrarian but if I were extremely wealthy I would hold the US Dollar over bitcoin or gold. Now if interest rates shoot up to 7 percent or...

turtlebuster

The British pound has formed both a double bottom pattern and a cup-and-handle pattern on the weekly candlestick chart. While you may want to confirm my idea with the use of additional indicators, I believe these two chart patterns lend support for a new upward trend.

turtlebuster

It's on the 15 min. Sorry for the short time frame.