pov_investor

pov_investor

Finally getting some nice price action with #Bitcoin to the upside here. I'd like to see prices climb higher above 8,000 and hold steadily. If not, then i would anticipate sideways price action.

pov_investor

Within time the charts were able to develop beyond the major downtrend line. In anticipation of higher prices, i would expect prices to go sideways next. I'll be looking to build on top of my starter positions for additional long trades.

pov_investor Updated 

With the uncertainty of the macroeconomic conditions, i think $gold can be a nice diversifier. Will look even more bullish if we can have a strong breakout from here.

pov_investor

The cyrpto space is starting to look bullish in the short term. Looking to get some prolonged sideways actions before we start breaking out higher. If not, then we can go lower.

pov_investor

Not much to comment here besides waiting on confirmation of a direction either to the upside or downside. I don't want to take swing trading positions and get stuck in this chop. I think this environment favors the traders who can quickly change their positions.

pov_investor

If stocks, bonds, and real estate are all expensive right now. What choice do millennials have in accumulating wealth?? Just a reason I keep in my mind as to why take a position in crypto currencies.

pov_investor Updated 

My trading scenario one looks to be playing out for now.

pov_investor Updated 

I thought this one was looking quite bearish after breaking down so hard. Since we are back above this price level, i would be looking to get long.

pov_investor

The longer we hangout in this range, the more bearish i feel about direction. Anways, we are still above the 200MA and the VIX is still elevated. Let's continue to watch and see what will happen next.

pov_investor

I've been analyzing the total marketcap of the crypto currency marketplace and it looks like we have a nice mid term support at around $250 billion in marketcap. Let's continue to hold/add to my starter positions.

pov_investor Updated 

From what I can see right now, it looks like we might be headed for a confirmed reversal off the 200MA. If we can clear some resistance here and breakout into new ATH, then I think we can go even higher.

pov_investor

$PANW breaking out on volume and heading for the 200 price level. I think if we can clear this and go to ATH, this stock can go even higher.

pov_investor

Not much of an expert dip buyer, but $FB was trading at a 20% discount. This gave me reason to try a long trade.

pov_investor

Minus ~10% off the SP500, still choppy, and holding the 200MA. Though looking a lot better, especially with the strong rally we had today. Will continue to monitor the 200MA as there seems to be quite of bit of activity around it.

pov_investor Updated 

Short - mid term long trade here. Risk would be the 7k.

pov_investor Updated 

I thought this one was going to grind lower but instead we got the price action to move back over the 200MA. This may be a solid entry to long position.

pov_investor

I'm not quite comfortable with the choppiness of the SP500. Will have to continue to wait and see what happens next. :)

pov_investor

Can we get a bounce at 50? Also, I'm looking to see if this one can hold the 50MA.