Get started

Selloff

BTC chart pattern Now thru Nov Calling it as I see it happening. This is only my opinion and gut feeling on what is going to happen. I'm calling it now. 34k BTC soon, easy ride to test for support to go up, then after braking it we go to 38K hit real resistance and we could go flat right there for the rest of the year but because of Economic crash coming this fall and start of next year, I think all the markets will crash, wall street included. A great depression is coming In My opinion. in order to go to 80K we must brake 46500 and hold over 50k for a week, if we do 80K will be top. and then down like you have never seen before. Market crash October or November 2022 BTC down to 12K This is my official perdition and we will see if I'm right. Play this right an make some cash, take your profit by buying the longs this summer as bulls try to push to 100K but will not make it, then sell the fake out and cash in . That is my plan. I can't tell you or advise you how to invest and you should never invest more than you can afford to lose. I am basically telling you how I will be investing. Good Luck to us all. God speed. PS call your relatives and say Hi, I have lost some that I did not get the chance to talk to before they died. Not a good feeling. Just a note to take time off to see the ones you would miss if they were not here anymore. Now back to this Texas 100F 38C heat Yuck.
COINBASE:BTCUSDShort
by bigfootInvestments
TGT Target first Earnings Miss since Q3 of 2018TGT Target CEO Brian Cornell: "We never expected the kind of cost increases in freight and transportation that we're seeing right now". Net Sales: $25.17 billion vs. $24.47 billion estimates Gross Margin: 25.7% vs. 29% estimates Diluted EPS: $2.19 vs. $3.07 estimates TGT Target continues to expect low-to-mid single digit percentage sales growth this year. My price target is $149 and ultimately the pre-pandemic level of $130. Looking forward to read your opinion about it.
NYSE:TGTShort
by TopgOptions
1
Trading plan and review of Key Levels for major marketsReview of the key levels in the major markets as the US continues to edge lower. CPI release spooked the market and saw the DOW futures dump 500 points ahead of the stock market open. Prices did bounce back into the open...in a strange sign of strength...before dumping again into the close. This created a fear based market as traders focus on inflation and a more aggressive US Fed on interest rate rises. USD re-adjusted higher and FX crosses (with the USD) moved lower. BITCOIN, ETHEREUM and crypto holders may come under margin pressure if the BTC and ETH rout continues. BTC needs to push back above the $30K zone to gather some confidence. Key theme is around the USD and whether it continues higher above 104 (USD Index) or we see some dollar weakness creep in. Expecting that many traders were caught off guard and will reposition higher. Markets covered US - DOW, Nasdaq and SP500 Europe - DAX and FTSE100 Asia - Hang Seng, ASX200 and Nikkei FX - Dollar Index (USD), EURUSD , GBPUSD , AUDUSD and USDJPY Commodities - GOLD , Oil and Copper Crypto - Bitcoin and Ethereum
COINBASE:ETHUSD
by TradeTheStructure
LUNA - what happened?Good morning Traders 2 months ago I published a chart of LUNA calling it the 'outlier'. Well, LUNA is still the outlier here, but not for the same reasons, as it just lost nearly 97% of it's value in a few short days. This kind of sell-off does not bear well for the future of the asset, but it is a good reminder for not marrying your trades - further in crypto. A trader should trade and change their bias depending on market conditions or new information and never should go to the grave holding to a set-in-stone idea.
L
by PerQuantumCoin
Review as US shares meltdown dragging crypto, Oil and Gold lowerReview of the key levels in the major markets as the US continues to melt down dragging others along with it. USD remains high while Oil, Gold and Cryptos take a beating. We may be seeing a major unwind of margin as traders get themselves in trouble and are forced to reduce risk. Key theme is around the USD and whether it continues higher above 104 (USD Index) or we seems some dollar weakness. Markets covered US - DOW, Nasdaq and SP500 Europe - DAX and FTSE100 Asia - Hang Seng, ASX200 and Nikkei FX - Dollar Index (USD), EURUSD , GBPUSD , AUDUSD and USDJPY Commodities - GOLD , Oil and Copper Crypto - Bitcoin and Ethereum
COINBASE:ETHUSD
by TradeTheStructure
Novartis AG (NOVN.vx) bearish scenario:The technical figure Triangle can be found in the Swiss company Novartis International AG (NOVN.vx) at daily chart. Novartis International AG is a Swiss multinational pharmaceutical corporation based in Basel, Switzerland. It is one of the largest pharmaceutical companies in the world. Novartis manufactures the drugs clozapine (Clozaril), diclofenac (Voltaren; sold to GlaxoSmithKline in 2015 deal), carbamazepine (Tegretol), valsartan (Diovan), imatinib mesylate (Gleevec/Glivec), cyclosporine (Neoral/Sandimmune), letrozole (Femara), methylphenidate (Ritalin; production ceased 2020), terbinafine (Lamisil), deferasirox (Exjade), and others. The Triangle has broken through the support line on 03/05/2022, if the price holds below this level you can have a possible bearish price movement with a forecast for the next 12 days towards 80.160 CHF. Your stop loss order according to experts should be placed at 87.480 CHF if you decide to enter this position. Novartis said earnings and sales rose in the first quarter of the year, boosted by its key drugs, including heart failure treatment Entresto. Net income was $2.2 billion, up from $1.8 billion in the same quarter the previous year, on sales that grew to $12.53 billion from $12.41 billion. Analysts expected sales of $12.62 billion. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
SIX:NOVNShort
by legacyFXofficial
2
SSTK earnings in 5 days | $65 Strike Price PutsIf you haven`t sold the $96 right shoulder bearish chart pattern: then allow me to tell you about my experience with Shutterstock, Inc. (SSTK) as a contributor: I am a contributor on Shutterstock from the time they were publicly listed and in the last years they changed the tiers in order to keep more for themselves and give less and less to the contributors. The earnings for contributors are now at the 2015-2016 low, people that i know are not interested to post on Shutterstock anymore. The picture sales are decreasing massively for contributors and i think that will reflect in the April 26 earnings call. I will buy some $65 May 20 puts, now at $0.60. Other rival companies like Pond5 and Adobe Stock gained momentum and are starting to sell equal or better than Shutterstock recently. A lot of contributors that i know moved to those platforms. My opinion is that the stock will drop to the $66 level and do a dead cat bounce before going to $43, which is a realistic target considering the contributors conditions right now.
NYSE:SSTKShort
by TopgOptions
Was the SHOP sell-off predictable?Of course it was! It reached both of my price targets: And now i think it will go even lower. My experience as a seller on 2 Shopify stores was terrible in the past 4 months. I had a decrease in sales of more than 60%. My friends with on-line store had the same experience. So if the merchants don`t make money, neither do Shopify. It`s hard to believe they will come up with a good quarter. My buy area is lower than $400. Looking forward to read your opinion about it.
NYSE:SHOPShort
by TopgOptions
2