This is my map and guide when to buy bitcoin. The answer is NOW! The same pattern happened everytime before we saw a major pump. 1. PUMP from the lows of bull run all the way up to support and resistance on 1 MONTH time fram. 2. REJECTION OF SUPPORT AND RESISTANCE before halving. This rejection lead to smaller correction with drop of fear and greed index...
If you want to be top 10% do the opposite of 90% . I'm constantly asking myself what majority of investors think and do at the moment. Are they buying? Or maybe selling? Last couple of months I would say that majority of investors were placing buy positions. Why? -Some of them had mindset of "halving is just around the corner, I will invest x amount of...
Microsoft stock is in 13 years bull run. As human beings we all know that you can't run your whole life. There will be time when you can't run no more and you fell. The same I'm expecting with microsoft stock. But my question is: -will we see the same kind of price movement like we saw on bitcoin last bull run? I think that this is possible. Why? Because...
In my oppinion this could be a possible scenario for bitcoin. I'm goin to open small portion of long positions once we reach blue marked space on the charts which is bellow 23.000$ . I want to see some kind of confirmation with as much as possible of risk exposure. 32.900$ is still on my radar before capitulation and liquidation of positions which will lead us...
This is what I'm expecting on EJ on long term. Once BoJ will start taking actions against inflation I'm expecting strong yen. I think that Euro will face a lot of troubles through upcoming winter which can cause more downside for Euro and this is the main reason why I'm expevting strong Yen on long term. I'm not chasing the top. I will start placing shorts...
TECHNICAL POINT OF VIEW From technical analysis point of view I would say that in next couple of weeks we can expect that price will reach 33.000$. Everything above 33.000$ is my area for placing sell orders. There are gaps which has to be filled. Every trendline should have at least 3 touches. From my analysis I can see that gap fill, perfectly connects...
From technical point of view we can see that price came to the upper trend line which is the copy paste of lower trend line. From psychological point of view I see a lot of FOMO. "bull run started" "load your bags or stay poor" "generational lows" "what if I missed a bull run again. I need to buy now" When you look at the WALL STREET CHEAT SHEET -...
By the end of this week or maybe at the start of the next week I'm expecting AUD/CAD to fall all the way down to 86.200 - 86.250 area. Majority of traders are in long positions so I'm looking for shorts and this is the scenario which I'm expecting from AUD/CAD STAY SAFE, TRADE YOUR ANALYSIS AND DO YOUR OWN RESEARCH ALWAYS!!
FUNDAMENTALS Europe is still fighting with shortage of gas and electric energy, high inflation and at the start of the week we saw GDP slowing down. In America today news came out about Non farm payroll which has been better than expected which is good for dollar's strenght. Also the unemployment rate has been released which was worse than expected ( in...
XRP and all other coins will follow bitcoin and in next 2 months we can see drop of crypto market cap at least 50%. As I said in my previous post in Bitcoin analysis, from fundamental look we can also expect leg lower because of high inflation, rising interest rates and high yield on bonds.
Bitcoin tried to broke out of descending channel but strong support and resistance level came in and now I'm expecting drop all the way down to 10.700$ area. Looking from fundamental view I also see another leg down because of high yields and FED still raising interest rates. I'm not panicking about crypto it doesn't matter if crypto goes to 5T$ mc or back to...
I don't know... Ethereum looks really bad in my opinion. If we do reach 150$ price, I'm looking to buy a big bag of it. I still have some of my holdings in Ethereum but we need to face the reality that there is a possibility that we can fell all the way down to these levels which I'm predicting. ALT coins usually drop more than 90% in bear markets. If...
When I look at this chart I'm kinda scared about bitcoin . On a daily timeframe we are trading in bearish flag pattern which is a bad sign for bitcoin . Then if I look at these support and resistance lines (yellow lines) I see next price target at 12.000$ per bitcoin which could serve us as end of the bull market because of fall from all time high to 12.000$ per...
On gold we can see that price falling 4 months in a row. At the moment we are testing strong support and resistance area which I think will be broken in next weeks. Personally I'm expecting gold to fall all the way back to 1300-1400$ area which will connect us with a trend line and support and resistance area . We all know that we are seeing high inflation and...
Looking for drop on BTC/USD. We are currently in the midle of bearish flag but we broke and retested strong support and resistance level. 1h timeframe candle on 12.may showing us a lot of buying volume which I think we need to take out before any continmuation to the upside. my target for this drop is previous low which is 26.591$ Let's see .