Friday the S&P reached its 52 week low, $3636. There is a strong correlation between the S&P and the crypto world. Many stock investors diversified their portfolio into cryptos, especially in BTC Bitcoin and ETH Ethereum . With a bearish stock market in the worst month for stocks and cryptos, i expect most of the cryptocurrencies to trade lower this...
Next week we have the FOMC meeting. Most likely the Federal Reserve will raise rates by 75 basis points. In case of 100 basis points increase, i expect a sell-off in the markets. Major cryptocurrencies have seen heavy coin inflow into exchanges recently. I expect a strong sell pressure next week. TRX/USDT short Entry Range: $0.060 - 0.065 Price Target 1:...
September has major catalysts for the crypto market as well as for the stock market. The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike. That is reflected in the crypto space in general as a bearish outlook. yearn finance YFI has a negative...
September has major catalysts for the crypto market as well as for the stock market. The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike. That is reflected in the crypto space in general as a bearish outlook. NEAR is a cypto with a negative overall...
AAVE/USDT short Entry Range: $88 - 91 Price Target 1: $78 Price Target 2: $71 Price Target 3: $53 Stop Loss: $102
Fundamental Indicators: Revenue- demonstrates consistent long-term growth, 5-year average at 34% Profits – 2022 TTM has reduced Net margin - quite low for tech company with just 2.79% P/E – extremely high at 553 when S&P500 is at 21 Liabilities - debt ratio is at 0.62 which is within normal limits, Net Debt/ EBITDA is negative – no problems with...
This one is going to bring a lot of head turning, be dammed. I am just going to put this out there and if I am wrong so be it. But If I am right bow down on bended knee. LoL So here goes I may have hinted to this about a year ago but did not place much emphasis on it at the time. ETH is going to go down a dark road and may not come back. Let me explain BTC and...
APE/USDT short Entry Range: $7.00 - 7.50 Price Target 1: $6.25 Price Target 2: $5.25 Price Target 3: $4.60 Stop Loss: $8.30
TRX/USDT short Entry Range: $0.067 - 0.073 Price Target 1: $0.064 Price Target 2: $0.057 Price Target 3: $0.052 Stop Loss: $0.077
I believe we are finishing off X Wave here, which supposes we are to start a new zigzag soon. A zigzag to the downside, because I do not see a single bit of evidence to suggest a bullish rally. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with...
FTM/USDT short Entry Range: $0.30 - 0.38 Take Profit 1: $0.27 Take Profit 2: $0.23 Take Profit 3: $0.19 Stop Loss: $0.43
After the sell signal www.tradingview.com short and the buy signal now i am short once again Entry Range: $34 - 37 Take Profit 1: $31 Take Profit 2: $27 Take Profit 3: $24 Stop Loss: $42
I will give you 3 things in what to think. 1. Unemployed people 2. Inflation 3. Leverage Unemployed people will use credit to buy that credit will generate revenue, inflation means the reduction in the consumption power, people have two options consume less or by with credit, that means earnings, leverage, people use credit to acquire houses, cars, and other...
In a market where stocks like MU have a 7 PE getting taken to the woodshed one has to wonder how this can have a 460 PE!? I have traded service NOW for almost a year off and on both long and short, mostly short. Head & shoulder clear on chart as I posted 6 months ago, bear market rallies are an opportunity for bagholders to exit overpriced overvalued stocks.
NOW has developed a strong trend line on the daily timeframe it is quite above this line right now (solid white line) It has broken now below the dotted ascending white line, so I am assuming price decline will decline to the strong major trend line Three bottoms along this line will be in red circles
SHIB/USDT Entry Range: $0.00000790 - 0.00000833 Price Target 1: $0.00001067 Price Target 2: $0.00001379 Price Target 3: $0.00001740 Stop Loss: $0.00000710
What is up Trading-View! Welcome to a very key and very hidden BitcoinSV fractal. IF you want to change your life forever PAY ATTENTION to this fractal. Fractals are extremely powerful, Technically speaking both Elliott Waves, and Market Cycles only occur because of the fractal psychology inherent in human behavior. Correctly understand fractals and you...