2021
gj sell feb 28 2021 pre london 11:55pm we are in an up trend but seeing the heavy downward momentum, meeting at a significant daily resistance, also hitting the 50 & 618 pullback levels,
it is sunday so a bit more risky of a set up given the day
we are at a 1 hr retest level pre london
risk 40 pips - possible reward 133pips
utilizing BTB strategy
will be moving stops to b/e when we are 20 pips in profit
feb 28 2021 pre london 11:55pm
TSLA: $420 to $690 a share by March 1st, 2021In true Elon fashion, it would only be fitting for support at the infamous $420 mark to "Spring" with the ending of winter and put that magic in the air by hitting a new ATH and pop the $690 mark cherry by March 1st, 2021 and hopefully bounce off and correct from the 3.618 fib support level right at $700
Kin 2021 end of year $0.06 price targetAccording to an article published by Marius Kramer on February 28th, 2021 titled; Whitch crypto currency will make you rich 2021/2022?, Marius makes a seriously bold price prediction that is very bullish. I am using the Schiff Pitchfork to show the possible direction we could see Kin take with this information. Kin is now on the Solana Blockchanin and also getting on a few new exchanges like FTX.com and dex.projectserum.com which support the new solana migration Kin token.
SHORT THE BOUNCE - SP500Hopefully everyone made some money on my last sp500 predictions. There may be another opportunity wed, thurs, fri.
It appears as though we may have an opportunity to short the bounce again going into today (wed).
I have done a forecast on the price. Lets see if this plays out, don't load up, stair step into the trade.
The Pounds Climb Against the Dollar- Some Reference PointsThe pound has been incredibly strong against the dollar through early 2021 and it has peaked out at 1.42418 following some sharp downward momentum. Here are some potential reference points for this week as well as some longer term POI's that might come into play in the near future. The Pound's rate is at a similar level as 2016 yet interestingly enough the US 10 year bonds are at levels similar to 2012 lows and though they seem to be recovering from almost nothing. None the less, the Dollar still may be in trouble on a short term basis. Cash has been printed on a widespread basis and there is a now seemingly exponential growth to the money supply in the US compared to normal trends. Compared to Asian counterparts, the Dollar has preformed seemingly well with similar equity market conditions which brings me to my next point. As the dollar continuously loses value, and the potential growth sector in the US equity market corrects, it raises the question: has the US moved out of the euphoric market state into recession like trends? I choose to take the standpoint that though the outlook may be grim, no, there is not a recession on our hands and the dollar is likely to recover some of its losses within the year as long as the Fed keeps a steady hand.
NPXS above channel and respecting the Beam bands 02/23/21I am very impressed in how PundiX is respecting the top of this channel break out. We are still within the top Beam bands and also made contact with the top of the channel. If we stay above this channel and just below the top of the Beam bands we could follow this channel trajectory and possibly see $0.01 by May 1st, 2021 as the Beam Bands come in contact with the top of this channel. We will see.
Short ETHSorry but after a 3.618 extension to break all time highs (USD), then get rejected at such a round/even number like $2000, I'm not cool with a small correction. This bad boy needs a nice drop. I'm still looking for a cup and handle on ETH, and a giant explosion this year. Just, not yet.
Follow this chart, follow me, hit the like button and tell me your thoughts! Thanks!
SESN to $5 or more by August. I like the stock.On the verge of FDA approval for a new product,
multiple analysts recently adjusting price targets to $6 plus.
In a market full of mania, a stock with good fundamentals may get overhyped especially about something as legitimate as FDA approval.
Who's not talking about SESN and ENZC right now???
If FDA approval falls through both stocks will suffer a lot, so be careful here and watch for the breakout off support lines before going hard.
The trend is your friend unil the end. Look for confirmations of your (or my) predictions, thats what TA is all about.
Hit me with a like, follow this chart, tell me your thoughts and give me a follow.
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Cheers, traders!!
TSLA Tesla WOW an impressive bullish structure.
Resistors and Supports are availableç
what do you think of tesla?
And what do you think about Tesla buying bitcoin and accepting payments with the cryptocurrency, crypto is the future!
Let me know in the comments----------------------------------------------------------------------------------------
Adjust your Stops for high volatility. And constantly follow news, information... Good Investment.
Sincerely L.E.D.
In Spain at 16/02/2021
Mona AKA MoonaJapanese Doge in a beautiful pennant. Watch and learn how history is made, or join and be a part of it.
Looking at possible retrace for bitcoin based on March futuresWhile spot/perps did not hit the holy $50000, many March futures did.
Mostly complete list of exchanges that breached $50000:
Deribit
OKEx
Huobi
Binance
FTX
BitMEX
Surprisingly, CME and Bakkt's March futures were unable to break over $50000. CME's June contract did, however.
REASONING
Futures play a huge role in leveraged trading. I have seen this happen with OKEx's quarterly contracts before. I don't expect a drop to doom, but I also do not expect bitcoin to rush into $50000 within the next few days.
Invalidation if March futures run 50k again and bring spot/perps along with it. Unsure of short target, would likely be ideal to buy the dips.