Subscribing to a market research website made me take a hard look at Energy Trasfer NYSE:ET as an undervalued stock on its fundamentals. Well, I had no idea that I'd pick such a terrible time for entry. Thankfully, I may be saved by Wyckoff Events and Phases for Accumulation Check out this chart and compare it to how ET sits on a daily: school.stockcharts.com...
Here we go, load up the shorts if your platform has any margin left. Get ready for a bear market on BTC.
Crypto trading has few more reliable indicators than the golden cross and the death cross. The golden cross (when the 50 day moving average crosses above the 200 day moving average) always sends the price up for an extended period of time. Well, we're staring down the barrel of a death cross on ETH. My advice is to load up your shorts at $188 and ride the wave...
I've been learning a lot about Fib retracement (bouncing back from a long fall). In looking at each major retrace, the 61.8% Fibonacci level keeps showing up. I'm predicting BTC will rise to hit this level of the previous high before taking another dive.