Stanley Druckenmiller announces his first position in BTC today at 2 PM 11/9/2020. This will add some short term 1-2 week fuel to the fire and to the current upward pressure we've been witnessing and act to defy any noise from COVID and vaccine news. Druckenmiller joins Paul Tudor Jones, Jack Dorsey, Michael Saylor, among others in putting a portion of their...
ETH is following this fractal from a couple months ago nearly identically - good chance this occurs by Nov 11th now that Pfrizer has found a vaccine that is 90% effective meaning the economy will not enter another tailspin. Dow up 1,700 points this morning as of 9:38 AM
It's my view that SPX will have a short-term pullback as the US announces the 5th day in a row of 1,000+ Daily COVID deaths . Sunday COVID infections were near the all time highs of 126,000 (3rd day in a row). So far the market has completely ignored the lockdowns occurring in Europe and the stunning rate of infections due to the election last week. Expect the...
It's my view that BTC will have a short-term pullback as the US announces the 5th day in a row of 1,000+ Daily COVID deaths. Sunday COVID infections were near the all time highs of 126,000 (3rd day in a row). So far the market has completely ignored the lockdowns occurring in Europe and the stunning rate of infections due to the election last week. Expect the...
It's my view that SPX will have a short-term pullback as the US announces the 5th day in a row of 1,000+ Daily COVID deaths . Sunday COVID infections were near the all time highs of 126,000 (3rd day in a row). So far the market has completely ignored the lockdowns occurring in Europe and the stunning rate of infections due to the election last week. Expect the...
Found an ETH Fractal suggesting an upside of ~20% from today's prices by November 10
BTC has just broken out of a downtrend line set from the previous $16K high set on November 6th. The SMA 50 has just once again turned green which is setting BTC up to rise back to $16k for my first PT then to $17k for the 2nd PT. Good Luck and please like!
After correctly calling my last ETH idea with a PT of hitting $448 from yesterday and now flipping the resistance line dating back to August as support - ETH looks primed to rise to $490 in the coming trading sessions which is the previous high back in early Sept 2020.
Eth is currently printing higher highs and higher lows in shorter time frames, PT of $447 to retest S/R line from the all time high
Cryptos selloff in Reaction to Media calling Biden Presumptive President Elect It's clear that LINK and the crypto world reacted negatively to Biden being announced the presumptive President-Elect by the "Media" yesterday morning. Consequently, cryptos sold off heavily in reaction to the realization that capital gains tax would impact a majority of US...
LINK is currently holding support and looks poised to breakout of ascending wedge pattern which if it does, it will head to $15 then $16.55. LINK tends to move with a Beta factor higher than ETH and most major alts relative to BTC. LINK has several fundamental factors supporting its bullish technicals. One is that it has over 300 partners who have integrated the...
BTC just printed a nice bullish divergence dragonfly doji candle inside a flag formation preceded by several lower highs and lowers (trapping shorts), for the upcoming flag formation. BTC could easily go to $17k here... ETH and LINK would rise similar trajectories.