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Fomo

WARNING TO GOLD PERMABULLS!Yep - I missed the parabolic pump and I'm sooo happy! There could be trouble ahead. Gamblers late in the game go right ahead! Those gamblers who made their killing could be getting out. You never know. Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, or miss opportunity, kindly sue yourself.
FX_IDC:XAUUSD
by Captain_Walker
20
Fast Market Moves And FOMO - Don't Get TrappedWhen the market moves strongly in a direction, you might feel the need to jump in and chase the trade because of the Fear Of Missing Out (FOMO). Don't do that. In fact, if you spend some time looking at the charts, you will find that often with such sharp fast market moves, the potential for a trade in the same direction as the fast move is over by the time people start reacting out of fear of missing out. This is when trades get squeezed and people lose money fast. When you listen to experienced traders talk about such fast moves, you will often hear comments like "Wow, XYZ has rocketed up, but it's too late to enter now, I'll rather wait for a good pull back and see if there is an opportunity to enter later". You might actually hear them say that the move has gone too far from the moving average (maybe the 9 EMA or even 20 EMA) and that it's more likely that it will cause a "rubber band" effect with the price action moving back closer to the average. The market may continue to rocket up or down, but let it go, don't chase that move, wait for your turn to get a good entry spot. This is true no matter what you trade, Forex, Crypto, Stocks or Commodities, they all exhibit this tendency to recover (often quickly) when the price has suddenly moved too far from the average price. New traders are often caught off-guard by this, and tend to jump into the trade exactly when others are exiting their positions, so don't give in to FOMO. The market will give you many trading opportunities during the day, be patient and don't trade out of fear or greed.
TVC:GOLDEducation
by EasyTradingSignals
Gold (XAU/USD) Monthly Candlesticks & Ichimoku ChartWe started the month with the Silver chart and we will end the month with the Gold chart. With this strong break through the previous all-time high, the FOMO that will soon grip the market will be yet another driving force that will push the price ever higher. Money printing that never stops is the dominant force for prices to continue higher into the stratosphere. Gold has broken thru all-time highs of 1920–21 recorded in 2011 easily. This cycle of incessant money printing will lift it much higher than before. 2,700 is the target based on the monthly chart.
OANDA:XAUUSDLong
by TrackRecordTrading
BITCOIN'S $1000 ROCKET 🚀Support by following and liking this idea :) 'Experts' would charge you hundreds for this insight. The most ultimate Bitcoin setup has been underway since $10.5K. It's human nature to want price to drop FAST but naturally, it's just not the way that price action works. This is actually great for some people, it gives you time to adjust, do your due diligence and move in the direction of defined momentum. Bitcoin has recently defined is intended direction recently after multiple failures in the $9300 range. Initially spiking up to $9330 before catching a $100 spike down south, price ended up recovering from the $9160 range ($9160-$9330). Nearly a $200 'rocket'. Not bad huh? The only problem is that bulls have used their energy only to get denied at the same area. It may be slow, it may be choppy but value is headed south. The Bullish Exit Route that I've outlined pushes all the way down to $8719. $8900 also looks like a good area for a possible bounce and I do anticipate a quick jump up but only to get denied again near $9150. From here we should continue to push down toward $8719 and likely form a double bottom here. The $1000 FOMO Rocket from $8700 to $9777 will ring off bells and whistles for bulls that are eager (and delusional). What else could 777 indicate, right? JACKPOT (for markets anyway). I expect price action to be slow, stagnant and lingering as bulls that are late continue to load up their longs. When the momentum gasses out and price does drop, it should be quick and painful. I do have a wild imagination I guess.
COINBASE:BTCUSDShort
by UnknownUnicorn5320750
2
IMPORTANT Chainlink mindblowing parabolic moveChainlink is unquestionably the most important project in crypto right now. More important then even bitcoin in it's world changing significance. Chainlink is like the invention of the internet, it will herald the 4th industrial revolution and will automate industries that people once thought were safe from automation. Expect major fud to be released by the chinese and the jews who want to suppress the price and buy up the cheap linkies. Never sell a link and if you want to be one of the new elites have 10000 Chainlink tokens whilst it is still possible to obtain such a amount. 1000 Chainlink tokens is the minimum for a suicide stack, anyless and you will probably feel pain everyday knowing that you missed your one and only chance to make it. Never sell a link.
Long
by GregTheSpider69
1
That is why you do not go FOMO mode on cryptocurrencies Hello, traders. See how to identify overbought charts with Bollinger bands indicator. Bollinger bands consist of three lines that plotted in the chart. The line in the middle is usually a simple moving average configured for a period of 20, typically default for Tradingview. The up and the low Bands are defined at two standard deviations away from the central MA. Whenever the price is away of the standard deviation of the Bollinger bands, up is a sign of overbought rate and down is a sign of oversold, Take care to get into assets outside the top and bottom bands. Note, RSI above 80 is a good indicator showing overbought signals; combining these two indicators can make you do not enter FOMO in some assets.
Short
by MarketMinds
ONTX About to fly watch money inflow and volume** (First real analysis sharing with people, open to all criticism and other ideas to bounce back and forth) Watch morning pop then drop to .382 fib (a,b,c pattern to next resistance) $.81 and big gap up from vwap (resistance top of previous cancel but after bull flag and big vwap bounce itll bust straight through i think* Next resistance 1.07$ level... Drip too $1.02 next levels to watch .... 1.65$ ( This may be a big fomo play when this goes watch it to go parabolic) then next levels to watch 1.9952 2.1700 After this broke trend and watch for steady bullish trend
OLong
by BullishBear1996
REQ/BTC Tell me what I should do?I bought into this coin when its trading at 0.000025 and has just taken profit today at 0.000050. I am having a serious case of FOMO ing given that I believe its alt coin season and there are more upside potential in a few interesting great projects. I want to get back into it and what level do you think I should? I have placed an order at 0.0000038. The reason why I took profit at0.0000050 is because I think that was a good resistance ahead of 0.000052 and should see some form of retracement lower first before trading higher again. A massive spike up cannot sustain very long without retracement and I do think retracement is healthy for bull market. Tell me!
by dawn996
4
COULD THIS BE THE REVERSAL BULLS HAVE BEEN PATIENTLY WAITING FORGood morning brother's. FIRST OF ALL: If you appreciate these daily charts smash that like button! 👍👍👍👍👍👍👍👍👍 (This is how new traders can see my charts & ask questions, so I can provide the best possible content I'm capable of!) 👍👍👍👍👍👍👍👍👍👍 Today's range: LOW of 8900 & high of 9245 (THUS FAR). I'm expecting a slight pullback to at least 9147 zone to test bulls support, however the more 9000 level is being bought up the more shott term bullish I'm becoming. Originally, I thought macro levels we're going to pull weight and drag us down, but it looks like the local top might not be in just yet. The real test for bulls will be the 9297 zone. Break that level and flip it into support and we've got ourselves an interesting week ahead! I'll post an update on today's daily close, and make a few more charts. One on a lower timeframe, as well one on a higher timeframe. Stay safe peeps.
COINBASE:BTCUSDLong
by Yurlo
2