Starting to build a big ARkk position, going to sell at the 50 day, then buy back if we can hold over. May be the play of the next 5 years. The tech narrative will inevitably return.
Longed BTC, stop at black line. Greed goes both ways bears getting cocky. Ill bottom tick this bitch till it bounces then sell into the moving averages and reassess.
I am going to start a DCA situation on ETH. If it somehow reclaims the 50 and 100 moving on the daily ill go in with a large percent. I think we are 3-5 months MAX away from an uptrend which is what i am trying to catch, could be way sooner so am starting to scale in today. RSI got probably indicates 3 months of ranging.
LTF diamond break out on BTC, lets see if it goes anywhere.
I think we are going to see a bunch of mini pumps but monthly MACD is very bearish, probably another 8-16 months before it bottoms. Daily also got bull trapped above the 50/100MA. Bear market signs. You can see the footprints of massive volume selling this cycle (55-69K distribution zones). Remember if you have 100 million, a 2X is amazing. As wealthier traders...
We have lots of action on a few key moving averages on the daily. Lots of bots use these moving averages, as you may have noticed from the volitility. Anyways, BTC has claimed the 50MA daily 5 times now, thats a bullish sign, its now working on the 100MA. However its stuck in a classic wedge that could break up or down. Interesting times. Ready to buy in heavy,...
Always been a BTC guy, but ETH about to throw hard. If it doesnt, I have safe stops so am willing to risk it. Also finding support on 1 day MA50, already had the back test so your prob safe on a stop hunt. Honestly I think ETH leads us out of this dip. If we dont climb out on these 1 day moving averages for both BTC and ETH in the next few weeks im calling 2 year...
The 50day MA has been a great indicator to make HTF decisions. Long here, will get out of trade if we get a convincing daily close below the 50MA. They have used HTF MA's to execute stop hunts during this run so definitely possibility of chop around the 50 day. Not advise.
Everyone talking about 29K. I think we have had majority of capitulation. Almost full position here. Still bids at 32.5 and 9K. Praying. Not advise.
The last giant draw down was 71 days from break down candle to break out candle. We are at 71 days of this correction.
We got 2 btc daily heikis finally, I know we haven't closed the second one but still a good sign. Stock market looks decent, lots of stocks down a lot and Biden needs to win again so expect bull. Not advise. lfg
Rare pattern thought it was interesting. Daily candle looks good should be some relief here. I am prepared for a nuke to 38K but they will destroy the market if any lower then that IMO.
So we broke ATM and everyone longed....huge liquidity event that was obviously taken advantage of with big sells into each candle. I think bitcoin is going to 1 million but I think they are going to paint a massive rising wedge. Just archiving thoughts. Areas of interest are the blue spots.
Roku down 60%. They have a huge market share of streaming and will continue to grow. Weekly RSI bottoming out. Tight stops for a flush but will bottom tick it. Not advise.
Buying Moderna here, may be printing a double bottom on weekly. They arent going to let this pandemic go away so banking on more vaccines and more fun for a few more years at least. It is still WAY up from a few years ago so setting tight stops. Not advise.
Buying Palantir here, down over 60%. Can go lower and I will cut with tights stops and bottom tick it. I dont see this company closing doors with their gov contracts. Not advise.
I am pretty sure Amazon is going to run the world one day. Everyone I know gets multiple Amazon deliveries a week, some daily. MASSIVE rising monthly wedge at support.
If crypto rebounds from this latest large drawdown I see COIN running as well. Its diagonal support and down a lot. Daily candle looks great. Plus its a real company with real people making real money so this seems like a deal. Not advise.