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2020

BITCOIN TO SEE A CORRECTION! Bitcoin has been following the stock market price for price since late January of 2020 which is concerning since bitcoin should be treated as a currency and not a security; the stock market at all time highs followed by bitcoin at all time highs is not a coincidence. We can do our best to make price targets for bitcoin using technicals and fundamentals but at the end of the day; the stock market is going to control the bitcoin price. If the stock market dumps in 2021; you best believe 75,000 Bitcoin price target will be out of the window. Bitcoin currently has a-lot going for itself with Paypal and Tesla both getting into it however like I showed the volume, there is just not many people trading bitcoin currently which tells us 2 schools of thought; either most traders are holding or not many people are buying bitcoin. It is quite concerning since the volume is 1/3 to what we saw in 2017. You might ask "wouldn't the volume pick back up?"; yes, it could however volume being such low over a 810% move up isnt necessarily good, which leads me to think; Who is really moving the market?
BITSTAMP:BTCUSD
by UnknownUnicorn1256641
2
$DG- I love this long, but is now the right time?$DG has generated alot of cash for me and for options contract buyers its a great long exp buy. Obviously Equity buyers included in this. Right now we are sitting at a major resistance , and if we break my first PT would be $225.35. After that we are working through ATMs but thats how stocks work at ATM. you never know. One thing to watch is $SPY . $DG moves along side $SPY and if we break to the downside I will be watching for a divergence from SPY to see If the pullback is real or not. If DG hovers while SPY dumps then when the market bounces it should present a nice buying opportunity. I will be signaling these in our group this week, and hopefully posting some more videos on these tickers in particular. So right now I am hoping for a gap up, over resistance and then a retest to send us on our way. ATM highs can be scary, but if the volume is higher then we could see a nice push! Thanks for listening!
NYSE:DGLong
by SimpleStacks
DEEPIND MAY 11 intraday viewPRICE ACTION ANALYSIS IT MAY HIT 85 Deep Industries Limited started in the year 1991, with a primary objective of catering the ever increasing demand for Oil and Gas Industry. Since its inception, Deep Industries Limited has been serving the industry in various segments with the foremost being providing Air & Natural Gas Compressor Services on chartered hire basis, wherein company commands a healthy market position and is also the first company in India to offer such services. In the year 2006, company successfully diversified itself in providing Workover & Drilling Rig Services on chartered hire basis. Currently, company holds a strong fleet of Onshore Workover & Drilling Rigs ranging from 150 HP TO 1500 HP.
DLong
by imperiousgaruda
BTC longterm upward trending fib levels, accumulation, halvingThis is a brief overview of what I am seeing in the longterm bitcoin chart, from an investor's technical and analytical perspective, taking note that the price action seems to be responding to upward trending fibonacci levels. I discuss my macro-view of the bitcoin price action, as well as my buy-zones for investment position accumulation. This provides a quick way for newcomers into the market to look at the chart, know when to buy into BTC as an investment, and when to start selling. Each fib level upward indicates higher risk, and each buy zone inside the bottom level corresponds to a "soft bull market"(green channel at bottom, my buy-zone-1) and a "full on bear market"(red channel at bottom, my buy-zone-2) Risk gets vastly lower if the price dips into these channels, but the channels still rise over time. The bitcoin price has been respecting these levels fib levels for years, and I believe that if you want to know what a "good" price to buy into bitcoin is on any given day, this is a great way to see what a "good" price is right now, whether it is now or 10 years from now. The top fib level is set on the 20k top at the end of the 2017 bubble, and the bottom fib level is set at the bottom of the 2019 bear market. Well, it just so happens that the 14k run-up last summer corresponds with the 0.5 fib level. This shows me that it respects these levels, and the levels themselves are rising against the USD value over time. So, in short, it becomes more difficult over time for the price to fall through price-based support levels, and easier for it to break through price-based resistance levels, BUT it is still respecting the upward-trending fib levels. So far, especially since the 14k run-up, the BTC price has set itself on a giant coiling wedge, with the D-day pointing right around the much-anticipated date of the Bitcoin Block Reward Halving. Though this may be speculation-based, it won't be after ~April 2020. After the miners' block reward payout gets cut in half, the BTC market will experience a supply shock. The daily issuance of bitcoin will be disproportionately low compared to the daily demand. This will not show affect in the price action immediately, I expect, because in previous halvings it took roughly one year for the market to really start a true, stable uptrend without sharp retracements. But there are also bubble zones from speculatory run-ups. This is exactly why I used upward trending fibs--- This gives me a good indication of what a high risk zone is for today, next week, a year from now, etc. So I know when it's good to start to accumulate, and when to start to take profit, relative to the current date. I don't believe that flat fib-retracements alone show the price action's dynamic reactions to these levels over time. What are your thoughts? Let me know. I'll be doing more videos soon---Crypto Technical Analysis for investing and trading. But for now, a macro-look into the market's largest asset is best for a start. -Trey
COINBASE:BTCUSDLong
by coppertoe347
ORBEX: Look at Yields for Further Clues in Equities!Equities keep climbing higher on the back of renewed trade and Brexit optimism and also on the back of monetary policy decisions! Interest rates are on hold, but the Fed did cut three times in 2019! Will the surge continue into 2020? And if yes, when can we expect the massive sell-off everyone’s been talking about to take place? ake a pick as we near the end of a cautious year! Timestamps DXY 4H 02:10 SPX 4H 04:10 US Yields 06:10 Stavros Tousios Head of Investment Research Orbex This analysis is provided as general market commentary and does not constitute investment advice
TVC:TNX
by Orbex