I have managed so far to stay out of the GME craze and have been always wondering when the stock gets to a place where it might make sense to at least touch. Been always scared of it. (Not that I have been conservative with my spy 0DTE trades, that's a topic for a different conversation)
I was looking at the chart since the craze started last year and took a quick look and feels like it has been in a wedge or whatever the heck the chart retards call it. Obviously, I did not know which of the bottom line I should have gone with, but irrespective of which one I use feels like it broke that trend which supposedly means it would go lower.
Butt, my question is this not what folks are seeing? Where do we think GME is headed from here and why? Feels like it is headed back to at least 50s or 60s. Please don't just downvote because I am seeing his - I am just freaking trying to understand where it may be headed...and ate too many crayons and paint as a kid
https://preview.redd.it/hsmzeq8o85c81.png?width=2308&format=png&auto=webp&s=4fc11388a2250f5ad571f66750eec59b1f0758bf
Incredible super bullish silver
So my players are about to take a trip from point A to point B aboard the voidship of a chartist captain, and for OOC reasons that aren't relevant to this I want to run a short adventure taking place aboard it. My idea is that the captain is able to work out they're agents of the inquisition, they're not being super open about it but there are obvious clues for someone observant, and asks them to take care of a problem he's having in exchange for something.
I'm trying to think of what he might offer them.
Now the obvious idea is a future "favor" tbd in the form of space travel, but a chartist captain is not a rogue trader he can't just go off schedule on a whim I don't know how realistically useful that would be.
As for some kind of material reward, I'm at a loss as to what that might be other than money (which is boring and also probably not enough to make the PCs actually motivated).
To give you an idea of who the PCs are: Lisandra is a Scum con artist and the group face, Delvin is a gruff no-nonsense Arbitrator who recently found religion after losing an arm, Morwen is relatively tolerant member of the Sister of Battle, with the emphasis on "relatively". They're all rank 3 and comfortably equipped for their level.
I'd love to hear some interesting ideas of what I could do here.
$11.76 is the 50 Day Moving Average (SMA) and that will be the first major hurdle for WISH. IF WISH can get a spark, then $12.88 would be the next area of major resistance.
Pre-Market has been volatile to say the least and holding $11 on 10 minute candle closes is CRUCIAL
It should be a wild day as you would expect - be careful and don't chase or hope. We need technicals as our roadmap or it is just gambling. Jusy sayin...
I appreciate this community and the great info/stock picks it brings. Follow me on Twitter or Subscribe to my YouTube to see more analysis and videos. All free info, just helping traders w/no agenda but to grow my social networks and help.
Good luck today!
Post questions here for Steve Penny!
He’s calling for $750 silver !
https://twitter.com/badcharts1/status/1418538110800048128
Again I don't understand why all the raw material experts and techincal chartists on Silver ignore Tin. But at least Patrick Karim now see how those two metals follow eachothers. Tin+Silver is used togheter in all electric solderings.
Consolidating - what do you predict? What do you predict till SNL?
He feels the key is $7.16 we break that could be gas thrown on the fire.
https://preview.redd.it/u1q0lsmz97d71.png?width=980&format=png&auto=webp&s=1bc7111075a9d614059b5dc0759d1e31c652b06b
Anyone touting technical analysis as being a reason to buy or sell should be ignored as well. If they’re charging anything for their services, it’s a guarantee that you’re getting scammed.
People like Patrick Karim come to mind. Ignore!
Hey folks. I'm just here to suggest a number of resources I've found online that are helpful when it comes to learning to trade and finding low cap gems. Hope these help...
Telegram groups...
- Justice League Btc https://t.me/JusticeLeagueBTC A good resource for learning TA, finding low caps that have 20x plus potential and for overall market sentiment. My go to group when it comes to trading.
2.Crypto Elite https://t.me/CryptoElite10 Excellent group when it comes to finding those unknown solid projects before they go mainstream. More FA minded but I've used the TA knowledge gained from JLB to find good entries on coins suggested here.
-
ApeFrens Setups, Fundamentals, Presales https://t.me/ApeFrens Bitcointrappers (twitter crypto trader) personnel tg where he discusses coins he's into with good TA behind his pics. Not a discussion group but worth following imo.
-
The Bull NO BULL NO GAIN
Twitter: twitter.com/thebull_crypto https://t.me/thebull_crypto Similar to Aperens, no discussion but good TA on coins none the less.
Youtube...
- https://youtube.com/c/KrownsCryptoCave
The legendary Eric Krown does daily market analysis talking at 100 miles an hour. Quite technical but at the same time you'll find yourself understanding what he's saying pretty quickly. His Trading Psychology Series is a must watch.
- https://youtube.com/c/CryptoCred
An OG legend of crypto on twitter. His Technical Analysis Series is a must watch for anyone wanting to learn how to trade.
- https://youtube.com/channel/UCRvqjQPSeaWn-uEx-w0XOIg
Benjamin Cowens almost daily videos are a must watch for market analysis. His no nonsense and easy to follow videos are a great way for beginners to learn about crypto markets and why they do what they do.
Twitter...
- https://twitter.com/ChocolateMastr?s=09
Gem Hunter and superb chartist of low caps
- https://twitter.com/Mojo_Crypto_BTC?s=09
Another Gem Hunter and a personnel friend of mine. This man is a legend at finding those 100x coins
3.https://twitter.com/BTC_Bubble?s=09
TA genius and another friend who's ability to trade in any market conditions is a thing of legend.
4.https://twitter.com/life_cool?s=09
Do you want that obscure sub 1M MC soon to be 100x coin then Anarchy is your man. I don't know how he finds them but his picks speak for themselves
- https://twitter.com/DCstar84?s=09
An absolute leverage genius, takes knowledge he picked up from forex trading any applies this to crypto leverage trading eith
... keep reading on reddit ➡
Bitcoin is hanging tough amid a slew of negative headlines, extending its rally for the third day and lifting the spirit of battered bulls.
The largest cryptocurrency has rallied above its average price over the past 20 days, a positive indication for advocates who were looking for the digital token to reclaim its upward momentum. Bitcoin gained as much as 5% to $36,422 Tuesday in New York trading.
For many chartists, the next key level to watch is the 50-day moving average, which currently sits around $38,221. Should Bitcoin meaningfully break out above it, it could rally toward $40,000 again.
“Although we might be in for a few choppy months ahead we remain long-term very bullish in the sector and have no doubt that the market will recover quicker than most expect,” said Paul Barroso, chief executive and co-founder of Atani, a crypto trading platform. “Fundamentals remain very strong.”
The coin is rallying even in the wake of news that Binance Markets Ltd., an affiliate of top global crypto exchange Binance, was banned Sunday by the U.K. financial watchdog from doing any regulated business in the country. And Huobi, one of the most popular cryptocurrency platforms in China, said Monday that users in the country are prohibited from trading derivatives.
Other cryptocurrencies also gained Tuesday, with the Bloomberg Galaxy Crypto Index -- which tracks a number of the largest digital assets -- advancing as much as 6.6%.
Meanwhile, there are signs retail investors remain interested, according to Joel Edgerton, chief operating officer of bitFlyer USA. Buying volume has represented roughly 70% of total retail volume on his platform last week, he said in emailed comments, and more than 90% of transactions were buy orders. In addition, Edgerton is seeing an influx of new customers creating bitFlyer accounts.
“This behavior is in-line with conversations with our customers, who see Bitcoin as a long-term investment rather than just short-term speculation,” he said. “While this volatility may be too much for many, those who understand the fundamentals and long-term value of Bitcoin see it as a great opportunity.”
At BTIG, strategists including Julian Emanuel and Michael Chu, reiterated a year-end price target of $50,000 for Bitcoin and $5,000 for Ether, writing in a note last week that they would
... keep reading on reddit ➡
Who are chartists here? Is this cup and handle? Thank you for your answers
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