CryptoBreakers

CryptoBreakers

The weekly chart seem to indicate a continued bounce from here to all time highs

CryptoBreakers Updated 

If you have lot of long stocks, consider this the 'calm' before the storm. You may have herd this before but today is ideal time to hedge correctly large long portfolio. Once the drop starts it will be fast and painful. Sure there will be bounces but if one is not savvy enough trader in this calm market they sure as heck will make the wrong decisions when in...

CryptoBreakers

If you have long positions in SHOP, consider hedging your position with puts for the near term. We can have a nasty pull back with squeezes and weekly is still too extended from the mean. A reversion to mean on SHOP would translate to 1378 as the first price target and we would still be in the long term bullish cycle.

CryptoBreakers

Hedge your long positions. We may get a potential nasty pull back starting this week. 366 level is where I would add/initiate 340 puts for October.

CryptoBreakers

This week on a pull back to 1770 buy gold with a price target of 1836 by mid-September.

CryptoBreakers

Looking at monthly chart with MarketCipher and review historical repeat of price action, we can say with high confidence that BTC will stay in a choppy price action much longer than people are expecting. If I'm right about this we will probably stay within 27K-42k range for a long time before we take off for a larger move to a six digit Bitcoin. Grey bars are...

CryptoBreakers

We can capture a significant downside move. My first target is $550 and my second target is $500-490 range