Based on the TA, it looks incredibly bearish and increasingly comparable to 2019 / 2020. As a naturally decaying asset SPXS is rarely ever above the weekly 20/21 sma/ema and anytime we anywhere near that should be a serious cause for concern...
This was estimate was generated using a combination of black-box indicators(not displayed) and log growth curves. During from this point out, I'm selling 1-2 year CSP against crypto stocks and using the premium to buy crypto and leaps on the same stock, then selling weekly PMCC against the leaps. Wish me luck!
A follow up to the monthly... Unlike the monthly, we've seen multiple weeks with this bearish volume profile before and thankfully, it doesn't seen to as bad as others...
I just checked SPY on the monthly using volume profile based opacity.... Apparently, we've never closed a month with the 3rd volume profile. That being said, 2 days into June and we already have this profile... ``` avrg = ta.sma(volume, 14) vol down 1 = volume > avrg * 1.5 and redCandle //1 aka solid red vol down 2...
Features: - Auto Gann Fan - Bulltrap detector - RSI support/resistance - candlesticks with volume based opacity - candlestick patterns
Despite the bulls optimism, the fact remains, we are in a BEAR MARKET... As a result I've switch to my BEARish income strategy on MAIN, AGNC, ARR, SPYD, QQQX, KMI, T, BP, AM, SHLX, WMB, MMP, SMIB, USAC, LAND, SSSS, PFE, INTC, IBM, RIO, RGR, PETS, CSWC, NS, SLF. My strategy is simple, I'm using dividends to buy far-dated PUTS whenever there is a blue candle (bull...
It looks like UVXY why beginning an Elliot wave and breakout above $20
I made an indicator that plays "critical darling" lyrics from slipnot whenever there is a bearish signal.
Backtesting an Inverse Perpetual or coin margined short strategy for ETH . The idea here is during a bear market, you'd take the interest on any staked ETH and open a inverse perpetual short to gain additional ETH. Every-time the short is closed, you are automatically "long" and ideally should deposit your gains in a validator to increase your staking rewards.
Backtesting an Inverse Perpetual or coin margined short strategy for BTC on the 15 min chart.
Backtesting an Inverse Perpetual or coin margined short strategy for BTC. I'm still having issues making the strategy accurate on the daily however it works fine on the hourly...
"The most bullish part about bitcoin, is you can short it and get more of it" -- Living Dracula Backtesting an Inverse Perpetual or coin margined short strategy for BTC.
Backtesting results of shorting UVXY on a 4H chart using a combination of bollinger bands and ema trend candles.
So here we have an example of trading UVXY with ema-candles and volume-based opacity. See linked Ideas for more information.
Looks like on the long side, Hammers are the best entry and ironically a bullish Harami is the best exit. On the Short side of things it looks like DarkClouds are the best entry and doji up is the best exit. My reason for looking into SPYD is to improve my overall dividend portfolio.
Again, I'm posting this mostly as an observation. (Inexperienced traders should note that UVXY only goes up during major crashes so, although this is marked as a "long", holding any bullish positions on UVXY is a short-hedge on your portfolio.) Based on backtests, it appears that longing UVXY on Doji's are a fairly reliable candlestick pattern to trade on UVXY's 1...
I'm posting this mostly as an observation. Based on backtests, it appears that Doji's are a fairly reliable candlestick pattern to trade on UVXY's 1 Hour charts... Inexperienced traders should note that UVXY only goes up during major crashes so, although this is marked as a "long", holding any bullish positions on UVXY is a short-hedge on your portfolio.
Toying around with some settings and considering building a new toy....