Follow Through on Head and Shoulders X2
I was bearish on NVDA through earnings because of a couple signals I was monitoring.
1) large head and shoulders (or double top) formed on hourly.
2) Smaller head and shoulder on the 15m played through to the 162% just before earnings.
3) I charted my reasons for being short NVDA. Bitcoin dropped from 48k to 20k since Jan. Less Miners = Less Demand for Video Cards. Higher Dollar = Lower Bottomline
Let me put on my tinfoil hat for a second and tell you what I think about Bitcoin short term outlook.
My thoughts for September can be found here.
In short... I'm leaning to the downslide.
Not Financial Advice. I'm just a punny guy.
1) large head and shoulders (or double top) formed on hourly.
2) Smaller head and shoulder on the 15m played through to the 162% just before earnings.
3) I charted my reasons for being short NVDA. Bitcoin dropped from 48k to 20k since Jan. Less Miners = Less Demand for Video Cards. Higher Dollar = Lower Bottomline
Let me put on my tinfoil hat for a second and tell you what I think about Bitcoin short term outlook.
My thoughts for September can be found here.
In short... I'm leaning to the downslide.
Not Financial Advice. I'm just a punny guy.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.