Quick note - mostly motivated by 'dream' sellers on Reddit. I see posts mentioning $50 and then $65 price targets.
Well, to get to $50 from the current price is simply a matter of 'noise'. If the crypto is moving around 1-5% daily on average, you going to hit a round number of $50 from this level with daily volatility alone.
Personally, I think we have a more...
If you you refer back to my posts on crypto you know I have set-out a consistent approach to trading these markets - LTC is no exception.
LTC is still a unique case however, with a majority of the market being under water on their equity, Hodl'ing has dominated this market. Hence, I refer back to the percentage of Realised Gains / Losses (the lower indicator) to...
I am looking at potential short positions on OIL related stocks as indicated by this example.
Observation
Phillips 66 has gone into a bearish mode with swing traders (around 30% of the market) losing on net longs positions with the wider market on average now being at break even.
Break-even price levels can mean either 1) important support areas, 2) break...
