Is CBOE:UVIX right for you? Would you also like to earn when the market is down? If so check it out, I traded $UIVX right after the open and have already closed the position. I usually don't day trade, but on a down day like today I couldn't resist trying the downside with Ultra Short Futures Options. These instruments aren't for everyone, & most people who own...
1. Trend Analysis: o Price action shows an upward breakout, supported by the Bollinger Bands widening. This is a sign of increasing volatility with a potential bullish continuation. o Historically, LTC tends to consolidate near the middle band before significant breakouts toward the upper band. 2. Volume: Very important this is the basics o Increased volume...
We missed the bullish daily close above 98,800 yesterday. Is yesterday's green Doji a positive sign or are we going to start making lower lows?
A fifth daily bullish close over 98,800 should see us push back over 100K.
We need two more daily green candles to clear the way to 100K. With new ETF Options platforms entering the market, it'll be tempting to short BTC, but from experience, that is a bad Idea. It's still too early, the Bitcoin market is maturing but it's still too soon to short.
With trillions of dollars in the market & new "smart money" institutional investors IS 69K the new support level? Or will Bitcoin recede to 30-20K?
Will OXY break out of this huge flag? What's the next stop $80?
OXY waving a huge flag. I'm not saying you should buy it. I'm not saying that WW3 is possible, I'm not saying that gas prices are going to go up, I'm not saying that Europe is facing a cold cold Winter. I'm saying you should do your own research.
The Bearish Volume on Binance was double in May what it is today. Actually it was more than double. Yesterday's freak selloff on FTX was a panic sell, or purposely driven herd mentality. The fundamentals have not changed & whales are stacking sats still.
Just to check again, after this month's CPI report, I looked at the Weekly chart & there's STILL no Bearish Volume. Whales are accumulating HODLing & REMOVING coins from exchanges. If you DCA NOW might be your chance to get your stack however you do so, whether through a shopping app, exchange or P2P. Not FA, but if you ever want a whole Bitcoin now is your...
Short & simple. No, I'm not your bitcoin support group leader. Yes you could be buying at these levels & even at 20K but that's none of my business. What I noticed since looking at the Monthly BTC Chart is that there is no bearish volume to cause real fear. Again, I've been doing this since BTC $800 so BTC 10K doesn't bother me either. Make your own choice but...
Bitcoin seems to be reacting to some levels of FUD, or perhaps it's May, & traders are going away? Who knows, don't know of any worthwhile FUD worth mentioning. Other than WB & CM making their usual Mesozoic Era Dino of The Day type claims about Bitcoin. So!? The bears just pushed BTC below 38000 as of this writing. What are you doing, are you bearish now too? Not...
The April Monthly Candle is starting to fit inside the March Candle just like last month. You know what happens when these start to nest inside one another. If the Monthly pattern continues this could be another huge breakout. But this time the break would be because of the adoption & development as companies like Walmart & McDonald's have been vacuumed up in the...
The monthly candles are starting to line up one inside the other on the Monthly BTC charts.
Is BP set to cash in on the Russian Gas Premium? With a ban on Russian Oil & Gas, will BP break out & reward holders with gains? Nothing real technical here folks just looking for a reversal of the recent downtrend since the invasion of Ukraine.
Good morning, nothing really technical here today folks just a reminder that one Geopolitical Event In Ukraine caused the market to move sharply to the upside. The power of real money cannot be denied during times of Bank Freezes or even Invasions & Occupations. Bitcoin passed the test once again, when millions of people donated BTC to fund Ukraine's Military....
BP is still a macro energy play despite the weeks long sell off. For all you options traders out there looking out for a bottom in commodities markets this might be it. DISCLAIMER No bags, everything was sold two weeks ago, please look at macro & geo-political events before making ANY decisions.
ERIC is gapped up this morning, got filled yesterday during the downturn at a ridiculously low bid, & was up well before market close. As you can see the daily chart is what's used, it was easy to see the turning point on volume looking for swing trade type positions. ERIC is expected to give earnings today & is expected be positive. ERIC has huge upside potential...