As usual no one can predict the exact time BTC is going to make a move (up or down) and if everyone keeps saying we're going to fall down a boring sideways action occurs that lasts until people start to wonder if maybe we have already hit the bottom. Newsflash: we didn't. What we're looking at right now is just another boring descending triangle that is about...
The old adage , buy rosh hashana SELL yom kippur, couldn't come at a more perfect time. Even the veterans on wall street like ART CASHIN stated that rosh hashanah buying began earlier than expected. That's bad news for anyone that held AMD. Why? well, for one, markets gone down in general so not good, second, AMD just had an incredible parabolic run and what did...
its ran its 5 up market euphoria now its time to deal with come down and depresion from that high
Check out this news on Bitcoin today Sept. 5th. All credits going to CNBC. Goldman Sachs did NOT settle for the price of Bitcoin. Like I said... too expensive for banks. Retail traders will settle for anything. Not a Investment banker that has back to back months of winning trades for years. Maybe GS will come back to the table at a better price like $1100 or...
As far as indicators go, this one apparently cannot be broken. Even if hundreds of thousands of people saw it. Even if it was retweeted 600+ times. CNBC is THE contraindicator of 2018. Two bullish tweets given yesterday as it broke above $7,000 were the perfect opportunities to short Bitcoin. A 4% drop in price followed and CNBC continues to reign supreme.
I can see where Morgan Stanley came up with their price target! www.cnbc.com $MS
After making it to #1 on Trading View, I decided to post one of my real charts. The only thing we need to confirm it is a strong CNBC Bullish Tweet. On the daily, we've got a MASSIVE descending wedge forming for a strong move to the upside. On the 240 and the smaller time frames we've got two bearish patterns forming. The first pattern is a rising wedge...
Hey guys, my first chart was deleted for adding my social media profile links at the bottom, so I'm re-uploading this one. I was #1 in Trading View for a while. Hopefully I didn't violate anything on this one...? ----------------------------------- I'm sure that you've heard that CNBC is a good contraindicator, well I decided to put it to the test. After back...
Hello, tired of checking hundred of charts and forums etc? No problem, CNBC is making it easy for you, calling people to buy at top's on a daily. Not much explanation needed here, this is really simple and straightforward. This could save us alot of time, with CNBC we can get trade setups quite often. It is sufficient for someone trading stocks "on the side" as...
After XRP has been hovering around the $0.90 region for the last week or so it finally broke to the upside smashing straight through the $1 region and straight through my descending trend line with a 4hr close above and a retest showing me the coin is about to take off! The MA's on the 4hr are bullish and on the daily they are about to crossover to the upside...
Price dynamics have changed. Now the price target for bitcoin bubble burst stands @7000 (+/-400). Time target is still the same - 3rd or 4th week of November.
If the corrective wave 4 is concluded, and it looks like it is, the target for BTCUSD is minimum $6000. If the correction is not over, then what is wave 4 for now, will become wave A, and we'll see wave C going below $3000, then wave 5 will proceed with slightly lower target. The structure of BTC movement during last years is perfect, textbook Elliott...
NYSE:DIS That's why "they" are talking so much of it...They just don't understand... :) Safe Trades;
Stocks in global terms have fallen by 0.8% since we marked the markets for the first time this week. For the year-to-date, stocks in global terms are actually down 2.2% while stocks here in the US as represented by the S&P are up 1.7%. Further, the bear market that began in late May of last year when our International Index hit 11,185… its all-time high…is now...
We begin then by noting that the CNN Fear & Greed Index is still above 80 in openly “greedy” and thus openly over-extended-to-the-upside territory. Some might call this “nose-bleed” territory and we shall strongly… indeed very strongly…suggest that buying equities here shall be in the end an ill-advised investment philosophy or action. We remain, however,...
SHARE PRICES, SINCE FRIDAY’S MARK, HAVE MOVED NOWHERE as our International Index has lost one single point as five of the ten markets in our Index have fallen and as five have risen. Given that our Index finished last year at 9,556 and given that it is 9,238, for the year-to-date stocks in global terms are down 3.3%, while stocks here in the US as represented by...
We are weary… and very so… about hearing of the supposed strong relationship between stock prices and energy and we have had quite enough of it to last a very long while. The simple fact of the matter is, judging from the two charts the page previoius of WTI crude and the S&P in monthly terms going back to the spring of ’11, that if there is a correlation between...
When the facts change, I change; What then do you do, Sir? The facts are changing in the world of crude oil; demand is still rather strong and supplies seem to be rising but only modestly. Further, the term structures are shifting. We had been, on balance and really quite openly, bearish of crude for the past several years, erring always to sell crude’s rallies...