People shorting DAX from today and I just see a 1-month longElliot waves, FOMO theories, early throw-back, people thinking it is overbought. I mean, these opinions are perfectly respectable but I see a bull channel that might be ending in July 14 to then experience the throwback and lack of FOMO that we can see around the DAX's ideas section. So Short term (1-month) is long for me and from then on short the index from its maximums. Something similar happens with S&P500.
Fomoanalysis
I have a rule, don't trade Mondays. But I see this....From my education in forex, I have learnt from multiple people that Monday can be a manipulated day in the industry caused by, big hedge funds and banks. I always allow to have Saturday off, come to the charts on Sunday, and begin a week ahead analysis and today would have been a 'perfect' day to trade in, but I stuck by my rules and I'm now having to overcome FOMO (fear of missing out). However, there will be better days and there will be more opportunities in the future.
I've only started trading from he start of the year, and I feel I've already learnt a hell of a lot. I just can't wait to see what the rest of 2020 has to bring.
Next big move for Bitcoin BTC - think about itI will tell you truth - I'am out. I'am out this game. I want protect my time and my effort I put into trading last 4 years. I want protect my profits first.
Many people saying - BTC will move here or move here now, becouse TA says this and this...
OR
Hal***g is succesfull now, price goes up/down...
Ok guys, no one is judging you. Everyone should think, everyone who invest money and time should have an idea. And this is my public fundamental idea about BTC.
Let's discuss about it.
Now - these days - BTC is very volatile. Ask yourself why. My opinion - nobody knows where it will go or it is market manipulation. Again ask yourself what it mean, ask yourself what other options are in play.
So I dont want write - now it will go up or down...or right. Just becouse I dont know it. Ask yourself - who can know it.
I'am asking myself - what we know? What expectation we have?
Is there something exciting about BTC near or only promises about price and money gain?
One man profit, other man lose. How you control which person you are?
What is safer? Invest in FOMO or invest in fundament?
What positiove fundaments we have?
I know only about fundaments, again ask yourself which position or negative fundaments you know.
North Korea Leader change? Positive or negative?
COVID-19 continuation? Positive or negative?
End of investment crisis? Positive or negative?
Institutions adopt blockchain with their own solutions? Positive or negative?
Again like in 2017, i dont want to be part of this, dont know who really can make profit. Is it us, becouse we trust? Think about it.
God bless you and all the best to you.
Found Me A Tasty Little FractalShort term im still bearish, but i bet we see this inverted head and shoulders/ Fractal play out to some degree.
Check out my last total chart for a closer look at what i presume will be the bottom.
Don't forget to check out BNB as well.
Thats all ive got.
Good Luck And Safe Trading.
SELL...SELLI realize this is the hottest thing right now, and seeing it drop from whence it came seems out of the realm of possibilities.
But it follows a pattern that happens over and over: Parabolic move/Gap. Bounce into FOMO buyers resitance, then fade.
Wait for bounce into resistance then look for short positions.
NKN binance listing HUGE FOMO ?NKN Potential HUGE FOMO because new binance listing token. Price action Exponential Growth of token. Really hard to predict end of NKN bullrun maybe 1000 sats psychology level. Potential Retest double top binance price 909 sats.
Price action (PA) of NKN hold above green support trend line . Above EMA 21,50,100,200 periods uptrend.
HUGE Bullish Volume increased confirm bullish price action.
Pattern: Breakout of Ascending triangle upper. SL hunt to 0.5 fibs level (pullback). Exponential growth.
Indicators: MACD bullish crossover above zero line. RSI above 50 points. Bullish sign.
S/R: Support at 500 Major Support 378, Resistance 670 sats . Major Resistance psychoology 1000 sats.
Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
ETHEREUM (ETHUSD): avoid FOMO and being eaten alive. I present an alternative and perhaps unpopular perspective on ETHUSD. I'm saying that there is a risk that price on 2H and 4H time frames could spike down into the Daily trend before recovering.
The markets are there to make us feel stupid. If for example, the price rocks north now, everybody would say I am wrong. But I'm not here to be right about one position. I'm here to control my risks over several trades in the long term.
Short Squeeze + Discounted price = Bear NightmareAs we make the "Three Drives Pattern", the bear shorts will come in even heavier - one final time
We have an obvious ascending channel and we need to follow the trend.
Weekends are typically higher probability for bull runs.
Stocks are climbing
Fundamental Analysis: Retails investors don't want to miss out on "the bottom", even though this is not the bottom. They are in the belief that the market was manipulated to drop, so Wall St can by at discounted prices before 2019
Technical Analysis: Retail Bulls are waiting for BTC to hit $3,600 again before buying (but it won't), and will realize they missed out (especially on a Saturday) and FOMO in big time at the end of the 3-Dives
Please leave me your thoughts, I appreciate the feedback
-racethehair
[BTC-USD] SENTIMENT ON STERIODS! OVERBOUGHT!Bitcoin has been organically bullish since April 17th, 2018, which is where I'm personally declaring the bullish trend has possibly started! As I mentioned, I like organic growth. I despise, whale & HFT pumps on any crypto and I never account for any of that to be real on my technical analysis. As much as I'm a bear, the high volume in the last 5 days is proving directly to me this is definitely turning around! Remember, I keep many spreadsheets on excel and have a lot of formulas set up with projections on price action from a mathematical standpoint. I am not a mathematician, but I did graduate in Architecture and have an engineering construction management background. So, I can get very technical if I need to be! I keep logs on all my short day trading and have a 83% win ratio. The feedback I'm getting from some viewers is that my overall accuracy is about 50%, which is guess is good. I have no idea how they came up with that percentage. lol..
The general sentiment of BTC is super high right now. People have been waiting since Jan to make some money..I believe people are too desperate to make some money, and that is why you should be careful of your entry points. Its all about psychology. Don't follow the sheep and join the FOMO! You could loose a whole lot. Wait for confirmations! But the lowest entry point i made was at $6,700. If you missed that one. Well here is your next best entry point considering how bullish we have become in the last 5 days. My next entry point should be around low 8000k as discussed on my video here! As I mentioned on this video , VOLUME to me supercedes anything! Without Volume , there are no solid bull rallies!
Remember that your risk reward ratio should be no less than 1-3.. I always shoot for higher if I'm going long! Too many traders take extremely short term risk and don't even know how to account for risk /reward ratios. Good Luck till my next video!
PS. This is not financial advice, you must perform your own TA. This is very educational purposes only!
Thanks, give me a like if you enjoyed this video and follow me to see how I consistently profit in crypto.
CryptoBuzzAnalyst