NASDAQ:QQQ : $367.91 Surfing blog for my own trades and ad hoc comments on QQQ.
Purpose: Looking to accumulate physical Gold for long term hold Strategy: Fractals and Seasonals pointing to bottom in Nov/Dec 2023
BITSTAMP:BTCUSD : 29562 Surfing blog for my own trades and ad hoc comments on BTC.
NASDAQ:QQQ : 368.68 Technicals: 1. MACD negative and falling 2. Fractals point to continued fall until October Analysis: 1. Short with initial target in 333 area.
BITSTAMP:BTCUSD : 30666 What 1. This is a surf watching thread of BTC 2. It acts as a diary or reference of key technical and fundamental events on BTC 3. It will also note key predictions, forecasts and opinions Why 1. It is easy to get caught up by secondary waves and lose sight of the primary swell 2. It is important to remember how wrong predictions by...
Technicals: 1. RSI has probably peaked 2. MACD has probably peaked Fundamentals: 1. None Analysis: 1. Awaiting downward move for potential June Entry
Technicals: 1. Descending Triangle all the way from the Dec 2021 peak of $1 to Dec 2020 bottom of $0.055 2. Based on fractals, looking for a spike up with RSI overbought to sell holdings in CRO 3. Fractals indicating a move all the way down until 4 December to $0.026 4. MACD marginally up currently, RSI oversold Fundamentals: 1. None Analysis: 1. Exit...
LTC: $97.54 Technicals: 1. Fractals point to peak 44 days before next LTC halving Fundamentals: 1. Halving on 30 July - 2nd Aug (thereabouts) Analysis: 1. Entry now, searching for exit 16-20 Jun via MACD
CRYPTOCAP:BTC : 26741 Technicals: 1. Long and short EMA are below zero 2. MACD just in the trajectory of turning negative Analysis: 1. Following on last BTC idea, I had exited my position last Friday COB New York time 2. Over weekend, MACD is now printing a traditionally dangerous position where a sudden drop may occur 3. I am not taking this trade but just...
Technicals: 1. Seasonal minor peak 2. RSI is on the oversold side 3. MACD has been negative for more than 2 months Trade: 1. Looking out for a rebound in MACD and exit
TLDR: We are currently losing 10% per year to withholding taxes for "dividends" from BITO, which are not profits from futures rollover. - If you were like me, holding BITO and gotten dividends since 1 Feb 2023, and every month after that (today is 1 June), you might have been pleasantly surprised with the dividends. You may have thought that it was...
Technicals: 1. RSI has already moved to overbought 2. MACD is peaking Fundamentals: 1. USD Debt Ceiling Resolution Strategy: I will be exiting when: MACD makes 2 days consecutive dips