This is possibly a controversial subject as there are some super die hard bitcoin maxis out there and I understand everyone has there own opinion, not to mention there is no proof of knowing the best way to do this. But one thing I have noticed over the last few years is people who have only ever traded crypto, have the worst idea on how to evaluate an...
Hello traders! Recently, BTCUSD experienced a steep crash. But we all know that nothing lasts forever. Today I will explain with technical analysis the status of Bitcoin, the biggest cryptocurrency in the world. Bitcoin has been a little silent lately, but it is time that will change. Here are the points we need to know: 1. The lower band of the Moving Average...
Hello Traders! Bitcoin as of the moment is very volatile, so prices will go in any direction possible. So today, I present to you the 3 most likely scenarios for BTCUSD.(not in order of likeliness) 1. A Head And Shoulders Pattern is Forming An H&S pattern may be forming. If it happens, the Left shoulder and Head are already formed. The right shoulder is on the...
Greetings traders! Hope this chart finds you good. Don't forget to like and follow for more analysis. XLMUSD recently started a bear trend after a failed bullish breakout, because of its insufficient volume to support it. The uptrend trendline also recently broke and is currently resistance. The 30 cent area is reinforced with a 20-period Moving Average and a...
Hello guys! Dont forget to like and follow me for more informational ideas! Bitcoin, for the first time, breached $40000, becoming the first cryptocurrency to do so. However, Bitcoin hasn't had a pullback, so for the next few days of Bitcoin will be very interesting. What we should take note about bitcoin: -Price has reached $40000, a price area packed with...
So Upstart looks like a really exciting company. Ex OG google brain started up this AI lending system that beats out traditional models by a lot. I like the team, I like the idea, and it's performing well. with already close to 200% up from it's IPO price though, I'm weary to jump in. Market cap is at 4.5B which is a little high for me cuz I usually target small...
Just look at this pair! According to my trading plan it is the cleanest setup on NZDUSD. Double top on 4H timeframe and then the retest of the previous structure. Right now we slightly broke that region but at the same time we create ascending channel so definitely will look for short position. If we will brake the structure - my main target will be previous...
Let's see what happens Monday/Tuesday in the markets. MSFT is still up 26.7% in the last year (despite Coronavirus selloff) - it should not be considered cheap with current P/E ratio: 26 (down from P/E ratio: 32 in February). Terrific company with a lot of prospects going forward but there is much better value to be had elsewhere in the market right now. MSFT is...
Just before Crypto skyrocketed to now (60 days), I noticed the trend line is pretty straight (middle line). So I bracketed lows and highs which then gives an estimated trajectory for the next 30 days. Barring any Earth-shattering news from other protocol tokens, I would say this is a decent range in which ETH will perform. I think it also factors in another...
Just before Crypto skyrocketed to now (60 days), I noticed the trend line is pretty straight (middle line). So I bracketed lows and highs which then gives an estimated trajectory for the next 30 days. Barring any Earth-shattering news from other protocol tokens, I would say this is a decent range in which ETH will perform. I think it also factors in another...
NASDAQ:GILD has been a great investment and I believe it will continue to be a good company to own long term. The valuation using multiple methods is outstanding compared to it's peers. Fundamentally, the question has been regarding future growth. GILD will have to find new ways to generate future sales growth to replace the expected slower growth from it's...
On higher time frame (weekly) unless we see low is taken out, higher prices in ahead. (.618) www.youtube.com