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I think it's utterly clear the trend if this year's election v market and it's reflective of many voters....unwilling to publicly display that trump will win but quietly hedging, for several weeks,into the overall trump trade. it's fair then, to say the market deep down knows it will happen AND knows it can make a lot money. as with all markets though, sometimes technicals just don't work because of the climate of the times.
the headline, personally, is somewhat deceptive as it indicates to h...
the headline, personally, is somewhat deceptive as it indicates to h...
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Hey mooers,
Here is some interesting to look at.
Currently Bitcoin is consolidating on the weekend.
The red candle is slowing down and have not touched the 20 MA just yet.
MACD shows a weak trend moving to a death cross while RSI remains above fair value strength.
Outflow overall had shown a major L outflow while XL still remains. Showing bearish signs ahead for bitcoin.
The question is could this be a bear trap like what the bulls said?
If i...
Here is some interesting to look at.
Currently Bitcoin is consolidating on the weekend.
The red candle is slowing down and have not touched the 20 MA just yet.
MACD shows a weak trend moving to a death cross while RSI remains above fair value strength.
Outflow overall had shown a major L outflow while XL still remains. Showing bearish signs ahead for bitcoin.
The question is could this be a bear trap like what the bulls said?
If i...
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How was your last trading day in October? Does market present you with trick or treat? While the major tech companies like Meta and Microsoft delivered double beat earning results, this does not satisfy the high expectations of investors. Major indices suffered pullback on the Halloween night. While my investment portfolio had also suffered drawdown, I took the opportunity to sell Cash Secured Put on Amazon and Bull Put Spread on Microsoft last night. Hopefully this will turn o...
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