dchua1969

3 different buying zones for you to choose from though I think zone 3 is less likely and I would be accumulating at zone 1 and 2 at 10-20% of my capital. Please DYODD

We are only about 11% down from the peak thus far so halfway from the 20% bear market that the bear camps are shouting and persuading you to sell so they can buy cheaper from you. Will it go down further ? Absolutely! All eyes are now on the Feds lowering the interest rates and Gold and interest rates have an inverse relationship - interest rates fall, gold prices go up! What else ? Hmmm, I don't see the central banks globally reducing their buying , in fact I think they are buying more than before. I am vested and have made two long trades but were stopped out as my SL were quite tight. Now I am awaiting for better bullish signals before getting in again.

I read this news several hours ago and initiated a small LONG position ! Again, I stressed trade with money you can afford to lose and sleep soundly at night without the need to check price up or down all the time. Such anxiety means this asset class is too volatile for you or you are greedy but not have the stomach to bite it , so choose a better opponent. Next better player , haha! As usual, please DYODD

If this current support level does not hold out, then we can see price heading further south towards 4050 price level. Here, I will be accumulating......Watching closely for now......

This will be a good place to go LONG on NVDA if it does pull back to 164.70 price level. With AI collaboration hot on the wheel now, it is also possible that prices get push up higher in the short term. No shorting!

I expect the price to continue heading south towards the 100k psychological level once more and then we see another flood of people coming in to push the price back up. Please DYODD

Market would have you believe that you are LATE in the game and need to get in asap! We can see that this is the 3rd attempt to break above and a current bearish pin bar is evident that near term , prices should pull back. Be patient and wait for the pull back unless of course you still believe BTCUSD could goes up to 500k as some gurus predicted.

First thing first, I do not own nor trade this stock. So do take it with a pinch of salt. From the weekly chart, it seems to display a triple top formation which is bearish in nature. However, market is irrational and though it is highly overvalued, it could still continue to rally if the demand from buyers is there. SL above 480 and aim for profit target at 299

This is for traders who enjoys taking advantage of short term market movements. For investors who are holding on to great companies, just sit tight. The first support level is the gap at 6023 price level. The 2nd level at 5689 is less likely but not impossible. This fall will be good as US markets are over valued for a while and any falls will be a good accumulation point. Also, the month of September is also seasonally a down month so no hurry to get in. So do be patient and please DYODD.

if price does stay above the 110K price level and shows more bullish moves in the next few days/week (before Sept 16 - Fed's meeting) then I would expect the price to head south and revisit the 100k mark once more. There, I would be more keen to accumulate......so patient.... patient......patient........