The market always has a game plan but the main aim of the market is to make you buy at the highest point possible. While the people who predict things get rewarded. The later you buy, the more that the people who invested at the bottom earn. The MAIN AIM IS TO MAKE YOU BUY HIGHER! The whales use your money by printing a picture for a massive buy signal for...
Dear fellow readers! I am fundamental very, very positive regarding BTCs future, but since only time will tell, currently it is not looking very good on the market. At least the funding rate switched from positive to negative, so shorts are finally paying longs now. We have a decent support volume around 6.4k as the VPVR displays. As you can see, the 38.2% fib....
Trump, Brexit, Capitalism and Ancient Rome. We’ve been there before. It is In the light of the Trump's impeachment looming and the Brexit can being kicked further down the road that I wanted to reflect on the reasons behind the two massive 2016 events and the parallels I am seeing with Ancient Rome. The idea behind this article is that although history does not...
Simple triangle running out of space. Looks like support might be back around 3010.
If you are reasonably an experience chartist and there is a LOUD and OBVIOUS level (respected level), chances are that we as a retail trader would trade it according to what history showed us. The history showed that price respected the level and went the other way (did not break it). I am no conspiracy theorist, but logic states, since 90% of retail traders lose...
At the moment main support line at 10800, if we will break them, we will go to 10k. From there we should go to 12200-correction-13800-correction-16000 I want to believe....
The SSE closed lower for the week at 3,188.63, and may be forming a second, smaller bullish flag; the market could be gathering steam before making a push towards 3,320-30 resistance.
Hi, I’m very new to this and still learning so any feedback is accepted. Do you think this is a potential bullish or bearish pattern? I personally think it’s going to come back to the support line, (previously a resistance line) and bounce to the resistance at the top of the channel. Please please comment let me know your ideas or if I’m doing something...
You can see our purple arrows point out where price has been used as resistance and orange arrow are where price has been used as support.... it really is that simple! If you can find these levels on a chart you WILL make money in the market... if not then there really is no hope! The big boys and the government have purposely put information out there to make...
So GJ is nearing a very strong buyer reversal zone at the moment, if you look on the 4h and D timeframes, you can see that the past couple of times price was here it sky rocketed some massive amount of pips. But something else that may be very valuable to keep in mind while looking for any buys is that the price action for GJ on the Daily really indicates that we...
Hi Team, I am back. Been dealing with personal family health issues :) But glad to be involved into the crypto community that has opened a world of opportunity for me. Looking forward to listening to all of your feed back and thoughts on the market! Hope you all are well and Happy Hunting! Reg
This is the same chart as published previously and I believe mid 6000s could still be in play. Just a slightly longer timeline than originally proposed. June 6th is over and we did not double bottom....yet. Will it play out? Let's find out! What are your thoughts? Not intended to be financial or psychological advice.
Here's a lesson in the relation between - LEGS - Elliott wave fractals & fibs what is a leg? A leg in a market is defined by a pump up or a pump down IE upwave or downwave IE impulse up or impulse down the recent leg we witnessed is measured & starts at 2931$ in price at the top of the cycle IE LEG we saw prices reach 19753$ Now we are all expecting a bounce...
Hello traders, I want to direct your attention away from trading this week. This is also a tactical move. This game is played on a whole new level of manipulation. Know when not to trade. This is one of those cases. Trade safe. Trade well.
My thoughts on LTC (not fin. advice, please I'm a noob don't listen to me and DYOR) are the following: A few interesting things have happened. First, the RSI daily reached oversold conditions below 30 yesterday, which was the first time since Dec 2016. It was short lived, and we saw a good bounce. My hope is that this isn't just an oversold bounce on the daily...