Saskamo

Saskamo

Looks pretty ugly to me. Intraday's don't look that great either. Longed UVXY looking for a quick swing. Following yields, watch TNX. If wrong, will suck, but them's the breaks.

Saskamo

No comment necessary

Saskamo

Going to $13 Chart looks so good and the hype is nowhere near over. First stop is pivot on 4hour around 6.80. Will bounce around then rip and the social media pandamonium will go hard.

Saskamo

No matter what, BTC will backtest this formation. If it fails that backtest, which I suspect it will, we will test lower bound of the pennant. $5300 by end of year. Short back to trendline backtest ... make sure the leverage is small and set a stop within your pain threshold, btc is awake. At trendline, straddle (insure or hedge your short). If wrong, oh no 🥺...

Saskamo

My paint skills speak for themself.

Saskamo

iH&S breakout and currently backtesting neckline inside of the broader weekly pennant. Will likely push to upper resistance, then fade shortly after the halving.

Saskamo

Rejected backtest of ascending triangle all week, rr with shorts. Stop loss above trendline. Falling below 50DMA (Green line) and losing it is good news for bears! Piggies oink oink, ready for slaughterhouse.

Saskamo

Good Risk reward to long here on Daily time frame, needs a bounce. Set stop loss of course. Predicting bear flag, long the flag cause trump say USA open for business, plus 2 Trillion free money right into earnings. USA earnings wont be that bad, only shut down mid march, and everyone panic bought. If people in USA continue going around spreading, end of April, go...

Saskamo

200dma weekly is absolutely crticial level. Also aligns with 50dma on the monthly. Short the sp500 on break below 200dma. Could take a few weeks to officially lose it. End of q1 coming, US Earning might provide some minor relief and i would short those pops, as China and other asian countries will not be so positive. After some earning and the picture becomes...

Saskamo

S&P500 declined over 7% today exacerbated by OPEC politics and the outbreak of COVID-19. The market isn't being entirely reactionary to the mishandling by current administration, but is also pricing in slow growth in China. Predict that with no progress, little chance of containment and the end of q1, market will start pricing in slow growth globally (USA, EU,...

Saskamo

90% are long, short next pump, zoom your charts out.

Saskamo

Inverted J patterns lead to lower lows. OVerhead resistance on the weekly is the 50dma and pivot. BTC will have to put in a weekly bull flag to negate the setup. On a contrary note, BTC is close to a golden cross on the daily timeframe, but it would have to maintain this cross for at least 6 weeks to confirm trend. Good luck!

Saskamo

Short term long, find the pop, maybe to mid channel, a call put strategy would do well, hedge with puts, take a long bias....when the pop is done, sell ittttt!

Saskamo

It will bounce around this channel. Sitting in the middle currently, real correction underway, sell pops. When reaches channel bottom, mainstream media will announce the bear market as the price pumps to top of channel. Long the bottom, sell the pump.

Saskamo

long term price trajectory on ETHUSD is contoured and we may start a slow climb back up - which would be considered healthy relative to the historical parabolic price movements we have seen. Manage risk tolerance here and a strategy not for the faint of heart. Stop losses would serve you well in the event of a break in the contour. Charting ETHUSDT on poloniex...