'Everybody' want's BTC to go north only. Well, you know what I mean. People want to know why Bitcoin is flaking out. Some will say ' Anytime soon to $75,000! " There are several indicators on this chart. No predictions here. I don't do predictions. Only probabilities.
The chart shows some conflicting information. BTC is now coming into a zone of congestion and...
The trouble with double tops is that, you don't know where exactly price will go. Have a look.
All you can do is take a controlled loss (aka stop-loss). If you can't afford it, don't take it (obviously).
Today was exciting!! USTech was heading south, whilst price on other US stock indices went madly north. The news said, that this was a about rotation. (Read...
Pure greed has driven TESLA to ridiculous heights.
Robinhoods are in this market. Most of them from China.
Parabolic expansions tend to fall - sometimes very quickly.
Stay tuned. Stay safe.
Wash your hands and face! 😂
Eat veg! LOL.
Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied....
Yep - the algos play out the addicitons of their masters to cheap money: low interest rates, REPO pumping, and the implicit guarantee from the FED. But an itty bitty virus that disrespects world leaders, has everybody flummoxed and reaching for safe havens.
In this screencast I show a bit of algo action and some smaller time frame trends which can last for over...
In this screencast I set out why I think the NASDAQ is in deep trouble and uncertainty. This is truly beyond technical and fundamental analysis.
I'm looking into the psychology of markets. There is a whole lot to fear in this market. Reality is catching up on fantasy. It's been a long lovely dream and the big boys have made their killing. They will not want this...
The DJI is approaching an all time high of about 278400. This market has become pretty volatile mostly at 30 - 50 minute charts.
Although the DJI is pushing north madly, it is a market that is being moth eaten. It's instability is likened to a Jenga tower. The instability is also seen in trend switches down to the 5 minute level.