Now would be a good time to buy and HODL.
97% retrace from the peak.
Have spare change? don't mind holding it for a few years? wont miss it if you cant spend it for a few years?
Great! - Find a chart that looks like this one, and do the smart thing.
Technical breakout, buy order triggered at 0.1465
May want to wait for a small retrace to look for entries and scale into position.
Use appropriate stop loss and risk management according to your own tolerance.
This is not trade or investment advice, it is merely observational and intended for informational purposes only.
You are responsible for your own...
Already holding a short position from 2820. Waiting further confirmation to increase position size IF breakdown of long term trend line (Red line).
This entirely depends on the decisions made by the Federal Reserve and how they plan to handle this. S&P can comfortably continue upwards forever until currency implosion and hyper inflation (if they want it to go that...
Bullish longer term, waiting on confirmation from the charts to follow on from events in the political spectrum.
If you are a British citizen, you can buy gold (and silver) sovereign coins that are exempt from capital gains tax . With this amount of volatility, there is No need for margin/leverage trading.
"Capital Gains Tax is exempt on all British legal...
Following on from previous, fairly obvious what we are seeing here.
Waiting for a decent breakout of this descending broadening wedge, will be looking for good volumes - possibly some form of "news" from our friends at the investment firms who initially kicked this chart into life back in December 2017.
Whatever the catalyst may be, we should be ready for it.
Second week of January, every year for the past 3 years has seen a reset back down to the MMA100 (Blue) .
Suspect this is gearing up for another similar event. We are now overdue a correction such as historic trends.
Take caution. Prepare for any eventuality.
Testing the old resistance range, will surely see lots of movement here, easy time to work some shorts and longs when the opportunity arises.
Can catch a nice long position as it breaks out of this range in an upwards trend.
Expecting a retrace here for the short term.
Will update as we go.
Trend shown weakness, Bitcoin crash following a rejected breakout caused a flash crash throughout the Crypto sphere (very common).
Hope this will not be a catalyst that will lead to a bearish reversal.
Happy to open a short if the opportunity shows itself,.
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If you decided to take it one step further and follow on from it with your own T'A, please ping me a message, would love to see your inputs, surely I've missed some things.
Happy new year and happy trading!
Also, it is wise to consider the massive surge recently of ICO's that are sucking up all the...
Follow up from previous.
Sorry this was published 3hrs ago, but accidentally published as Private idea. Couldn't share on time. Still not a bad entry point for short term trade. Broken out of resistance trend line, Keep watch on that base line (small red dotted line).
Also, having to watch What Bitcoin is doing, as market is very unstable right now. If there is...