Doom
I'm going to call this the "Silicon valley tech stock bubble"Sorry Jeff... time to dump
Tech stock #2 is amazon tech stock #1 is netflix
and netflix is already starting to dump... not to mention Nvidia
dun dun dun! this is unfortunate due to amount of people that will be out of jobs ... manipulated economy by the ELITE!!!
Bitcoin's doomWe are aproaching the limit for bitcoin's distribution.
We have clearly reached the point in which it will crash (If you dont consider a fall from 20k to 6k a crash).
Once it breaches the 5,5k line the next suport will be around 2,8k but such suport wont have enough strenght to hold it.
So what i am saying right now is that if bitcoin goes below 5k, its gonna get to 3 or 2 digits pretty quickly.
That doesnt mean the blockchain trend is gonna end, but instead, its gonna reprice itself in a more suitable baseline.
IOTA ded ?Yo shaggerz,
IOTUSD recently mooned. Nothing convincing here tho.
Few hints :
- RSI really overbought, but meh this is crypto...
- STOCHRSI over extend
- 0.629 level unbroken yet
- No fundamentals to back the moonshot, this "bottom" bounce might be a trap.
Invalidant factors :
- Solid break of 0.63USD then 0.67USD
- Volume increase + breakout of downtrend line
- Longs moons :
Anyway for now :
SELL : 0.615
BUY 1 : 0.5USD
BUY 2 : 0.4USD
BUY 3 : 0.33USD (Yolo !!)
STOP : Above 0.65USD
This is just an idea, you are responsible of your actions. If you don't agree, please provide technical arguments, and don't cry like stupid fanboys
NOT TRADING ADVICE
Bitcoin, Bullish vs. Bearish, what will happen?As we can see we see a Symmetrical Triangle forming on the daily chart. This also indicates an accumilation zone. Also Bearish Divergend RSI.
Not bouncing on fibonaci levels makes me think well be going lower, although the market cant be predicted since it is manipulated by whales...
Lets just see how this plays out, under 6.800 USD im going FIAT, breaking out above the triangle would mean adding ALTS to our portfolio would seem like a good idea.
Happy trading!
We gon go down and den gon go up and den gon go real downI feel like there wasn't enough blood and this scenario represents how I think market can destroy peoples hopes and dreams. If we however go over ~17k convincingly this is off the table and we are likely to make ATH after which any direction is reasonable.
BTC moon and doom dreams I am a manlet and a kissless virgin but i bought a blender to blend raw onions n the hope that maybe i can increase my testosterone, become more masculine and attractive as well as increase my stress tolerance all of which which may conducive to attracting and getting a girlfriend, losing my virginity and developing the mental fortitude to trade btc on very high leverage and finally make back all my loses incurred from hodling shitcoins. In a desperate attempt at reforming my overloaded and disconcerted neurological state and condition, I have flirted with and now begun a strict virile regime of lifting, onion eating, nofap, no pillow, no shampoo, no mirror, no tv/movies, sleep on the floor, limit interactions with normies and truly internalizing the stoic philosophies, all with the aim of reprogramming my brain, increasing my sentience and introspection as well as resetting my dopaminergic sensitivity in line with a patricians of ancient rome. Hopefully with my reformed neurological state and development I will be able to go above and beyond familial financial support and not only pay off my mommy's mortgage so that she isnt stressed by the inflationary cost of living and seemingly endless bills& expenses but Ideally, assuming I become a truly enlightened and successful trader, buy a fleet of lambos and Ferrari and maybe even buy a few tickets to the moon with elon musk.
I am predicting three possible possibilities for the btc market illustrated in color coded meme arrows. Green moon, orange and red ded btc. The green box at the top is my take profit zone. The red box is my btc rekt, alts moon and btc possibly ranges for a year . I would like btc to go to the red box for more accumulation and to allow alts some legroom to fulfill my so far unrequited and unfettered altcoin moon dreams.
Reinvigorated Lisk Moon Dreams + Meme Lines + Trading PsychologyI finished psychology 101 at university and I am submitting this chart for my thesis on both realized and crushed moon dreams. The meme lines are a combination of elliot wave and the wyckoff trading method after hours spent staring at this chart perfecting the lines in a dimly lit room accompanied only by the momentary buzzing of my phone as it notifies me of a trading alert due to a breached resistance level and the thick scent of ramen noodles which is the only food I can afford because im still yet to build a profitable trading system which might afford me some variety in the food I eat. The truth is im not a programmer or even a good trader so I don't understand the technical part of this coin but im going to buy this due to feverish shitcoin hype in the main chat. There is also the possibility that shitcoins only recover briefly after the hardfork followed by a continuation of the bear trend in conjunction with a correcting btc over the holiday period. As always trade at your own discretion these moon dreams are risky and at times delusional.
Delusional Lisk Moon Dreams Lisk might face some resistance with this potential rising wedge so depending on your risk tolerance you could try trading it. I doubt I will try to trade any highs because I am completely consumed by moon dreams. I am all or nothing going to take profit at 0.003 and then 0.0045.
I got fucking rekt on cripple with a margin long and in true market autism, traders bought the rumor and sold the news, leaving delusional margin longed moon autists like me, bag holding just in time for xrp to dump harder than someone with chronic diarrhea, liquidating us all. I didn't practice any risk management, didn't use a stop loss and was absolutely shrouded by moon dreams and hype; the end result being fucking rekt RIP. I then closed at the bottom and now thats all said and done ripple might moon for I have bought high and sold low and the whales have successfully taken my btc but i am fucking done with that coin, on to alternative moon dreams now.
So after that background information we can conclude that I am chasing profits but this time trying a more long term buy and hold strategy for these meme coins. As far as I know you cant margin trade lsk like you can bts or ltc which might be a blessing in disguise for me as I am prone to full margin long induced REKT and then venting my frustrations at the expense of everyone in the trading view cryptocurrencies chat.
I am full margin long with bts and ltc and its only my delusional moon dreams keeping me from getting rekt whereas with lisk I cant margin long so I can just HODL indefinitely until it reaches ath at least which I would say has a good chance of occurring because the SDK and rebranding are coming out supposedly in q4. Also lsk is very well funded, has a HQ in the business district of Berlin and is one of the most transparent alt coins ive seen in crypto. I can only see lisk dumping to the lower green lines if LSK is hit with very bad news either before or after SDK. If that should happen depending on the news and the state of crypto and BTC, I would most likely sell my rusty shit car and buy lisk depending on how bts and ltc care going . LTC BTS LSK are my current longs and now I am now 100% in alts. Hopefully I can make back my life savings and get out of REKT status. Good luck and do your own due diligence. Dont trust my trades because im a shit trader. I wonder if I lose everything by next year and am back working for minimum wage.