hello traders,
Today at 2.00 H we witnessed a huge selloff witch triggered massive sell of and liquidations across exchanges. Hope you did ok., me i missed the dump by 30 minutes. Never mind, now i plan to rebuild positions for the long run to 13-16.25K. If it goes there or not, is not a question me thinks (anything higher till elections it will be a surprise) I say it will hit 16457, but usually am wrong by 200-300 USD which usually cost me a lot (at 9.15K i was convinced it will go to 9.366 before sell of, it went 200 less, now i was convinced of 10366, went just to 10066) so there you go the top should in this case be 16457-300= 16150,
So lets get to the point.
We plan to build positions in period of 45-90 days, Maj, June and July. Then we will took some profits next 3-4 month, August, September, October (full out), then let it be dumpling till 15 November like it does almost every year, with no exception of this year, especially bcs this year is US elections set for November.
FA elections: Usually currency in this case USD could act as being bearish till 1- 1.5 month till elections, so stocks and everything pumps to new highs or whatever, and unemployment to go down in this time as well bcs of Covid being diminished (inject VIT. C not washing stuff) that is why China has 3K death on a 2B population (me thinks), anyway everybody feels good, making money doing nothing (with stocks, crypto etc..)+ having more jobs then in corona times, economy is saved etc., then the top should happen when the news will be full of US elections stuff who leads where who wants war who does not, who has a hot wife who does not and stuff like that, Currency starts to appreciate, usually that is what happens with any election, and everybody starts pulling money out from high risk assets, called profit taking etc., and USD starts gaining so it could get us back to 11-12K level, where it should find support. p.s. Currency usually appreciate towards the election date to attract the voters, ...so this is the next big news to trade: buy the rumor which is US elections and sell the news, .....after the election., the USD bearishness should resume and new target will be set.
other FA:
FA printing 6Trillions USD
FA Tether minting: that is if Tether is backed with USD, it means if USD is printing, tether is minting so it is following suit
FA halving, less coins produced, bull after halving
TA: Sars on Monthly showing 13K+, how far, how long will this last, no-one knows
hope u find the FA usefull,..
Today at 2.00 H we witnessed a huge selloff witch triggered massive sell of and liquidations across exchanges. Hope you did ok., me i missed the dump by 30 minutes. Never mind, now i plan to rebuild positions for the long run to 13-16.25K. If it goes there or not, is not a question me thinks (anything higher till elections it will be a surprise) I say it will hit 16457, but usually am wrong by 200-300 USD which usually cost me a lot (at 9.15K i was convinced it will go to 9.366 before sell of, it went 200 less, now i was convinced of 10366, went just to 10066) so there you go the top should in this case be 16457-300= 16150,
So lets get to the point.
We plan to build positions in period of 45-90 days, Maj, June and July. Then we will took some profits next 3-4 month, August, September, October (full out), then let it be dumpling till 15 November like it does almost every year, with no exception of this year, especially bcs this year is US elections set for November.
FA elections: Usually currency in this case USD could act as being bearish till 1- 1.5 month till elections, so stocks and everything pumps to new highs or whatever, and unemployment to go down in this time as well bcs of Covid being diminished (inject VIT. C not washing stuff) that is why China has 3K death on a 2B population (me thinks), anyway everybody feels good, making money doing nothing (with stocks, crypto etc..)+ having more jobs then in corona times, economy is saved etc., then the top should happen when the news will be full of US elections stuff who leads where who wants war who does not, who has a hot wife who does not and stuff like that, Currency starts to appreciate, usually that is what happens with any election, and everybody starts pulling money out from high risk assets, called profit taking etc., and USD starts gaining so it could get us back to 11-12K level, where it should find support. p.s. Currency usually appreciate towards the election date to attract the voters, ...so this is the next big news to trade: buy the rumor which is US elections and sell the news, .....after the election., the USD bearishness should resume and new target will be set.
other FA:
FA printing 6Trillions USD
FA Tether minting: that is if Tether is backed with USD, it means if USD is printing, tether is minting so it is following suit
FA halving, less coins produced, bull after halving
TA: Sars on Monthly showing 13K+, how far, how long will this last, no-one knows
hope u find the FA usefull,..
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.