- Like u saw yesterday, BTC dipped but the main reason for now is just the global economy being worst. - Nasdaq Companies made big % lost yesterday - here the main list - www.cnbc.com - The Covid19 caused a fast dip followed by a mega pump based on stimulus (brrrrr), now the real dip is ongoing. ---------------------------------- Trading Part ( Long Term...
RLY I don't exacly why but I know this is going to happend. Lasting catbounce crashing and then pivoting. why not? Yep. Inflation RemindMe! 2 years #gold #s&p500
- how it works : - Imagine you can create apples, and that you are the only one in the world able to do that. - So if you create 100 apples, you will make them more rare and unique, so maybe you can sell them for 10$ each one. - So now imagine you create 10,000,000,000 apples, you will have more apples than peoples need to eat, so you will have to sell your...
FED did that. And it was not elaborate lie. They made money on it. What is next ?
The assumptions are that money printing is real inflation as is often stated by Peter Schiff and M2 money supply is a good measure of the amount of money that has been printed into circulation. This data goes back to 1959 and makes the dot com bubble in 2000 look much more exuberant than current price levels. There is room for downside from here as the 1966 to...
Okey, forming bull div at weekly (6 months), everyone screaming for lower levels, macro and etc.
DJI = Dow Jones Industrial is not looking good. 200MA, 200EMA (which has worked as support before) and key level ~29 700 was tested and turned to resistance like it is seen on the graph. Next target ~26 800 and if that gets broken ~23 000. IF history repeats itself, then we might go test the 18 200 levels which happened last time 200MA ...
INFORMATION USDJPY has been rising for multiple weeks. The current trend is very bullish. Couple of days ago, Japan had to intervene and bought Yen using its dollar reserves. Statistic shows that Japan has over 1 Trillion US dollars in their reserves. As the dollar continues to get stronger, BOJ is planning to Battle for the next 6-9 months to stabilize the Yen....
Compared to previous history and how oversold is Ethereum right now, for me is possible in next 1-2 years ETH to reach $12-20k easily. Depends what will happen on merge, but I am bullish. I don't think FED will stop printing money and we have another big lockdown probatilities to new highs and big deviation is likely.
Do you think is it good idea to evaluate Gold price movements with these data? I strongly believe one thing for sure which is obvious; there are so many dollars printed...
Not sure but DXY is sitting at big resistance, while Bitcoin is oversold. I think it's so likely bitcoin bottom to be here around $34-40k
A brief explanation on why everybody is and always has been so wrong about the deficit, printing and much more...
Don´t be fooled by the media, specially right now, Governments can´t wait to see the markets crash so they can buy their bonds and inject fake money in the economy to save their asses. And to be honest they usually get what they want, but don´t be so sure about it. The market had all the excuses to dump this month over the march tapering, but bulls are not...
keep it simple. This is my idea of a usdcad short this trade has touched the trendline the third time and respectfully resisted there is a intraday target of 1.27200 and a swing setup tp of 1.25500. upcoming trader and tips or feedback is appreciated from anyone thankyou
With the most anticipated FOMC announcement in a long time coming tomorrow I'm throwing out my prediction: the Fed will be surprisingly patient with their tapering. This chart shows a few reasons why: 1. M2 growth does not have anywhere close to the same effect as it did on inflation in 1970. From the 3 decades 1970-2000 the CPI Growth/M2 growth was in the...
Good consolidation. Strong support at ~$20 range. RSI in oversold region. Getting ready for bounce back to ~$27.5. potential upside ~$7.5 (~38%). Good rate for EPS & revenue exceed in earnings. Post 27.5 it may re-test support level before any break out. Note : Please do your dd before any position. This is my personal opinion and can be wrong...
Technical Thesis: -double bottom -20 day MA on the verge of a steep cross up through the 50 day MA -average volume is trending upwards -it broke out with significant volume Fundamental Thesis: -YoY Profit margins are trending upward -from 2018 to 2020 their debt to assets has fallen significantly -on the Macro side, with the ability of large-scale production and...
Just an idea for bitcoin, i don't think will gonna play out, but i want to save it for future.