BTC is ready to break. Lets talk ideas for large bull run or another bear push. The 3 hour BTC chart is pushing a smaller and smaller Apex (I,m sure you have seen many charts showing that now). Not only the price point but the MACD is now at 0, the RSI is almost dead center at 50, and volume is trending downward (yesterday was the lowest volume close in the last 3...
BTC has come alive recently, and with volatility comes opportunity. Let's talk about it. Right NOW (11:45 am 5/20/2020) someone dumped 700 BTC with one click, pushing BTC to under 9500 fast! This could of been the spark the bears needed to break out of the wedge and put us in a downward direction to many support areas. HOWEVER, the 55 EMA has been the best support...
Okay, I am going to start posting more on tradingview. Once again this is NOT investing advice. Just TA's and sharing thoughts. With that said, lets talk it out... Simple EMA trading. Following a simple crossover of the 55 EMA (8,13,21EMAs) has been easy swing trading for me. Yet NOT every position, both long and short, has been a win. HOWEVER, the losses are...
As much as I want to be completely wrong about this idea, I think this could be it for the DOW. What I mean by "it" is there is a HUGE correction period lined up for the DOW which will last decades! The DOW looks like it has reached the top of its 5th elliot wave, which has caused massive gains all around the U.S. for individuals and the economy for years....
s3.amazonaws.com After analyzing some swing trade possibilities with verge, I looked at verge as a long term investment. There is no doubt that an uptrend is coming but here are some targets to think about. BUY ZONE: Verge is in a descending wedge, a lot like a majority of coins right now thanks to bitcoin. I used fibonacci retracement and found a similarity...
s3.amazonaws.com First off, give me a follow if like my idea/thoughts. I am looking for people to network with and bounce ideas off of. Only been trading a short period of time, but have been trained by the Master Jedis themselves: Eball8 and Philakone Don't get your hopes up for bitcoin just yet. Bitcoin COULD be in a descending wedge leading to under 7k. I...
s3.amazonaws.com Full disclosure, I have been learning/analyzing/trading/correcting for only about a month now and think its time to share some of my ideas. Feel free to add any thoughts of your own to mine, and also critique and be a devils advocate to my ideas. That's only going to create more ideas for both myself and you for the future. All love here After...