Get started

Tradeofthedecade

Two Trade Ideas - Both BullishSo while I was backtesting a handful of new indicators I came across this chart and couldn't pass up the opportunity to share with all of you. I went ahead and labeled everything in the picture and at this point in time we are in the perfect buy zone for either scenario. If stop loss is set under support at the 76.4 fib level then you are looking at about a 6-1 R/R. By the way, I know BB is a name that most of us haven't heard of since our childhood, but this company has now actually shifted their focus to working on and producing AI technology. Just as a reminder, I'm in no way qualified to be a financial advisor and I have absolutely no idea what I'm talking about. Happy trading!
NYSE:BBLong
by Trump4FxPresident
THE TRADE OF THE DECADE: BTC 3 DRIVES TOP SHORT, ALTS LONGThey will call it the trade of the decade. MILLIONAIRES and BILLIONAIRES will be born everywhere. The market will spiral with so much exponential growth that Bitcoin's first leg up will look like chump change. Do you want to participate in possibly one of the biggest trades in your lifetime? Well guess what, I do, and I am going to give you all the proof you need to feel confident in this. This is going to be a long read. It will be worth your time. Trust me, you will love it. About a little over a month ago when I was a trading noob I stumbled upon this idea.. It is a beautiful chart and I thank ZarNegar for creating the idea. He, along with others, will be people you need to thank with a personal message once you see what I see. After I saw the chart, the idea never left my mind. I have always been looking for cup and handle fractals, bull flags, bear flags, three drives, etc. The patterns are stuck in my head and they will never leave. I am telling you right now, BITCOIN IS A CUP AND HANDLE. Don't believe me? Well let's take a look at the THREE DRIVES PATTERN it is currently playing around in. Rather than posting my own BTC C&H idea, I will post LewisGlasgow's. He is the second big shoutout I have to give. Connecting the dots yet? Simply put, ZarNegar's idea has the handle of the cup a little bit too far ahead. No worries. I have found a more accurate prediction. LewisGlasgow's three drives pattern gave me the idea that, hey, maybe the handle will form after the three drives completes. Guess what. My idea was right. The three drives pattern completes perfectly nearly 100% of the time I would say. LewisGlasgow believes based simply on technicals, the pattern will complete, as do I. That means the retrace after 3rd Drive top will be the handle of the C&H on the weekly. Still don't believe me? Let's analyze the GODMODE indicator. * Just a correction: The BTCUSDT (BITSTAMP) chart above is actually BTCUSD (BITSTAMP). I forgot to fix that and have since deleted those charts. * See a pattern yet? I certainly do. Godmode is "overbought." What goes up must come down guys. I cannot thank xSilas enough for his creation. I would not have been able to confirm this idea without Godmode. I highly recommend the indicator. If you are interested in learning about the Godmode indicator, ProwdClown wrote a great tutorial idea. Make sure you make the correct tweaks. Shoutout to him as well. I would not have learned how to use Godmode so quickly if it were not for him. Here is the link to the idea: bit.ly When it comes to technical analysis, that is pretty much it. Lets talk about some fundamentals. I strongly believe we are at the start of a technological revolution that will last for decades. Blockchain is an infant. Bitcoin is an infant. Alt coins are practically still in the womb... Computers are infants, smartphones are infants, virtual reality is still in the womb... Another good comparison involves the trading exchanges: Coinbase, Bitfinex, Bitstamp, Kraken, etc. are all infants. They are the equivalence of all the big stock exchanges that exist today, like NSADAQ, NYSE, etc...
BITFINEX:ETHUSD
by jwlondon98
17