John_Wayne

John_Wayne Updated 

Silver does not want to grow in any way, all markets are falling, it looks like this is a correction from the beginning of growth in 2020. Perhaps the bottom will be around 16. If we fall below, then silver will be a scam;).

John_Wayne

I have noticed before a big market move, traders become silent. Not the spammers, they always have 500 trading ideas a week. Everyone seems so sad that only a good short squeeze can wake up these gurus

John_Wayne

In search of a bottom in silver, I realized that protective actives will not protect anyone. I looked at the historical chart of silver and was horrified. The asset that can be bought during the great depression (if lived at that time) is gold and silver. Silver had its own hype in 1865. But before that, silver was worth the dollar, 1 dollar is one ounce. After...

John_Wayne

Hear that nervousness in the air? It looks like something big is about to happen. The euro will fall below the dollar in the next few days. The movement is not big but what a psychological noise there will be.

John_Wayne Updated 

I drew a huge channel, it looks like gold has already worked out, the fact that gold has broken ATH is just a bait .. Should have bought in 1970. Investors in gold do not shine until 2030. If you buy gold at 1450 you can earn up to 50% in the medium term, but the problem is that at that point you can buy anything and earn at least 50%. Judging by the schedule,...

John_Wayne Updated 

I've got a boring. A couple of days of trading in the range of 18300 -21200 and down.

John_Wayne

Even too lazy to waste time, and it's so clear what will happen

John_Wayne

It looks like Tesla is heavily manipulating the asset. I don't know what her mystery is, but there is something wrong. In general, strange things are happening now, perhaps this is due to the fact that in the future oil will cost much more than now, I don’t see another reason to pump up electric car companies like that. In addition, Elon Musk really infuriates me....

John_Wayne

I expected bitcoin to fall, but I myself am shocked by the pace of these falls. The nature of the fall tells me that the asset is being thrown with amazing force, as if someone is saying something completely unnecessary. Nobody knows what will happen next, but now I want to look at the most cruel scenario for bulls. It is very difficult for me to explain why...

John_Wayne Updated 

Who is buying? I don't see volumes to buy. It looks like they're just starting to panic. I used to think 7000 place for the purchase, now it seems that it will be lower than January 2019 - 3000 for bitcoin. It sounds so unrealistic but I definitely haven't bought anything right now.

John_Wayne Updated 

We are in a very interesting situation right now. On the one hand, prices have been falling for a long time, and we are not far from historical support. Logically, there should be a rebound. On the other hand, bitcoin has been growing for many years, and more and more people want to get rich. So it actually makes more sense that each new cycle of growth is less...

John_Wayne

Butterfly gartley. Possible target is 27500, but it doesn't look very convincing, let's see

John_Wayne Updated 

You can include several scenarios in your analysis at once, You never know exactly how the market will behave. There is clearly a resistance zone here, I think rebounds are possible in this zone - up to 34600. But after them, a strong reaction should beat down, we'll see. In principle, we can spike up to 37000, but don't let that fool you, most likely all this...

John_Wayne Updated 

Consider short-term trading on an hourly chart (1-2 weeks). After the figure of the head and shoulders took place, the price was to reach a height equal to the height of the "head". At the same time it is necessary to do it with force and confidence. But if it doesn't happen, then something is wrong. And the figure may already be wrong. And the figure may...

John_Wayne

Another option is how a correction can take place if sales are stronger towards the support line. Bounces on the news or on glimpses of unjustified optimism.

John_Wayne

Same thing but from a slightly different angle. No matter how you look at it, a rebound is quite likely. So far, I do not expect a collapse on such fear.

John_Wayne Updated 

There will be some consolidation before continuing to move in any direction. Most probably stand a little, maybe a week and up again. Now it's better not to sell, about to wait another 2-3 weeks.

John_Wayne

Pattern analysis 1) Purple triangle, going up from it - canceling the fall right now. 2) Red triangle - exit up - target 33400 3) Yellow head and shoulders (if step 2 is processed). After correction 30000 - Target 35,800.