Its been a while folks. Between working my regular job, trading less with higher leverage on smaller timeframes, and of course betting on some sports, its been a wild few weeks. Bitcoin is going lower BUT first...#Bitcoin#Crypto#ETH
$SPY $SPX
“You should expect a S&P between 3,000 and 3,300 sometime in probably the first four months of the year.”
-Mike Wilson on CNBC 11-29-22
A potential -25% drop from current levels! 😱😱😱
Lets not forget he’s been on point all year. So there’s weight in what he says.
Vaccinated people now make up a majority of Covid deaths, per Washington Post, reporting on analysis conducted for The Health 202 by Cynthia Cox, vice president at the Kaiser Family Foundation.
JUST IN: Early this morning, the “hacker” of FTX converted $30 million of the funds into Bitcoin.
Just a few days ago, it was revealed that the Bahamas government was behind the FTX hack.
Confidence in crypto is hitting new lows as governments are hacking fraudulent exchanges.
@DrProfitCrypto Trading psychology 101: Those who are committed to a perspective show bias. Bias only leaves room for error. Though I commend you for being close as what you personally believe and executing some efficiency, 18k would truly be a lucky bottom for any long term holders.
In case we see a Twitter shutdown tonight, follow my trades on the discord and come join the Fortune Snipers team #BTC#Crypto#TradingView#TwitterDown#ADA
https://t.co/XhSX5Pj8Ap
Failure to break above $154.75 can can confirm a failed retest of $APPL. Being the larger cap stock it is, easily see a downtrend for all stocks going into the weekend. #Apple
1) Futures down. $DXY bouncing off support. Many are bullish going into the next FOMC meeting. My sentiment remains the same. $META looking at a great short opportunity as I still think tech has a ways to go. Many that are betting on the bottom being in have yet to take profits.
$ETH #ETH still below its Point of Control of 1300+. $1280-$1300 potential target as long as BTC dominance remains below 41%. Rejection from the range could see sub $1100 by December. I'm still projecting another 30-50% move to the downside for altcoins by Q1 of 2023.
$FDX earnings report due out 12/20. I am expecting to remain slightly bearish on this short opp. will assess as the weeks pass on. Package volume remaining sub par to slightly lower than usual as consumers are feeling the squeeze and protecting liquidity. $160 Target.
$CXW short term bearish confirmation is anything belown $14.48 but with volume remaining stagnant, I do see $11.00+ remaining support. 1/2 profits have been taken in this current trade but may not look for more selling opportunities until its next earnings report.
2) $BTC #bitcoin has been struggling to regain the Point of Control of 19.1 since last week's sell off. I am expecting a retest of the June loss to slightly higher but to be met with a bearish hammer. Waiting for confirmation.
Tether is the 60 billion pound elephant in the room of this crypto crash.
It still can get much worse. Don't forget Alameda Research was the biggest user of Tether.
$SPY forming a hammer on the daily and weekly chart suggesting we aren't out of the woods whatsoever. Expecting to retest the lows formed from the summer-early fall and possibly even breaking below going into Q1 of 2023. #TechNews#stocks#Bitcoin#FTT#BinanceTTC
90% of traders can't control their emotions.
- They get greedy, they break their rules.
- They get angry, they go all in.
- They get depressed, they give up.
If you can control your emotions, you have an incredible advantage.