... for a 35.79 debit. Comments: Laddering out a smidge here, selling the -84 delta call against shares to emulate the delta metrics of a 16 delta short put, but with the built-in defense of the short call. Metrics: Buying Power Effect/Break Even: 35.79 Max Profit: 1.21 ROC at Max: 3.38% 50% Max: .62 ROC at 50% Max: 1.69% Will generally look to take profit at 50% max, add at intervals assuming I can get in at strikes/break evens better than what I currently have on, and/or roll out short call if my take profit is not hit.
Chart Analysis & Trade Setup: The EUR/JPY 45-minute chart highlights a strong supply zone near 157.50 - 157.60, where price has repeatedly rejected, leading to multiple sell-offs. This zone remains a critical resistance area for further downside movement. Technical Breakdown: ? Key Supply Zone (157.50 - 157.60): Price has attempted to break above but faced strong rejection, confirming sellers' dominance. ? Bearish Price Action: Each rejection from the supply zone has resulted in a decline towards key support levels. ? Liquidity Grab & Drop: A fake-out above 157.50 led to a sharp reversal, suggesting a distribution phase. Trade Plan: ✅ Entry: Consider a short position on a retest of 156.50 - 157.00, if price fails to reclaim higher levels. ? Target 1: 156.00 (Recent support level). ? Target 2: 155.70 - 155.50 (Stronger demand zone). ? Stop Loss: Above 157.65, as a breakout above this level would invalidate the bearish setup.
? SHORT BYBIT:TAOUSDT.P from $340.00 ? Stop Loss: $354.55 ⏱ 1H Timeframe ⚡ Trade Plan: ✅ The BYBIT:TAOUSDT.P price is forming a downtrend after breaking a Falling Wedge pattern. ✅ The asset is trading below POC (Point of Control) at $363.85, confirming seller dominance. ✅ After forming a double bottom (Bottom 1 & Bottom 2), the price tested resistance but failed to hold above it. ? TP Targets: ? TP 1: $334.00 ? TP 2: $328.00 ⚡ TP 3: $321.00 ? This is a fast trade – it's crucial to monitor the coin's behavior and quickly adjust take-profits. ? A close below $340.00 would confirm further downside movement. ? POC at $363.85 is a key volume area where sellers are in control. ? Increasing volume on the drop supports the bearish outlook. ? Taking partial profits at TP1 ($334.00) is a smart risk-management strategy. ? BYBIT:TAOUSDT.P remains in a downtrend – monitoring for confirmation and securing profits at TP levels!
This analysis is provided by Eden Bradfeld at BlackBull Research—sign up for their Substack to receive the latest market insights straight to your inbox. Tinder, Bumble and so on were once feted as the “new thing”. Here’s how Bumble is doing now. That’s — not great! That’s pretty bad! The world moved on from dating apps, by and large — dating app consumption is actually down as Gen Z prefers to meet in person. Textile mills of the 21st century. So-long, and thanks for the fish. There’s two things I’m sure of here: People will not work less. This has been proven throughout history. Many currently high-margin, stable businesses will not be are stable or as high-margin. One of the great economic fallacies is that of optimism — specifically, that the working week will reduce. Here is Keynes, in 1930 — We may be able to perform all the operations of agriculture, mining, and manufacture with a quarter of the human effort to which we have been accustomed. Keynes was writing in the wake the Great Depression — it’s fairly remarkable foresight, as the US embarked on several golden decades — $1.00 invested in the S&P in 1929, at the peak of economic gloom, would be worth around $7,622 — you’d have an inflation adjusted return of 41,690.91%. Ne bad, as they say in Scots. But here’s where he’s wrong — he had hoped for a quarter of human effort — predicting a 15 hour workweek. That hasn’t happened. If anything, the work culture in America and many western countries has become something of a religion — work hard and glorify it. That work has transmuted for many of us from factory jobs and field labour to office jobs and such, but it remains work — we are there to create a surplus of capital, as Marx wrote long ago. History doesn’t rhyme but it repeats — similar suggestions of the end of work have been made with the advent of AI. Now, it is likely that AI will be able to replace many jobs — especially those that were traditionally protected (you probably don’t need a lawyer to draft up a basic contract, etc…). If we look at the various other revolutions, though, especially the industrial, what we find is that work ends up being something else. What might it be? Will we have offices filled with people slaving away to Chat GPT, typing in prompts at their terminals? Essentially, will we become part cyborg, delivering commands to our AI counterparts? It’s interesting to think about what this will do economically. The Industrial Revolution saw vast progress and economies expand rapidly — areas like the North of England, which were traditionally poor, saw riches prosper, while the old class of aristocrats found themselves taxed by both lack of economic progress and real taxes,³ which saw the economic picture turn — at least for a while. And yet — even those economic realities change — the once-rich textile barons of the Industrial Age, with factories in France and England, saw their businesses fall into disrepair as the world moved on. Automated looms, once cutting-edge, found themselves surpassed. Here’s another example, Chegg Inc, which makes study tools. Of course, Chat GPT has surpassed that and tends to do a better job. Just ask your teens. That’s also — not very good! Let me now think about industries that we all think are safe but may be disrupted (don’t you hate that word?) — lawyers, accountants, coders. Uh oh. Whatever happened to “just learn to code, bro”. What happens to the “big four” accounting firms when AI gets good enough to perform most of the functions? Let’s invert — what are companies and industries that (should) remain impervious: Luxury — Hermes specialises in the handmade, and that’s part of the brand. The human desire for scarcity and to signal status has not changed in all of history. Toll-booth businesses — think exchanges (NZX, CBOE, LSE), literal toll booths (Channel Infrastructure), payment operators (Visa, Stripe, etc). Companies which command mindshare — CostCo, Amazon, etc. Booze. Duh. AI doesn’t drink booze; humans do.
After a long bull run, there comes a retrace. I think the support at the last all-time high is considered significant support. Let's see and put SOME money into it?
Chart Analysis & Trade Setup: The EUR/GBP 2-hour chart highlights a strong downtrend with a descending trendline acting as resistance. The price recently tested a key horizontal resistance zone near 0.8300, rejecting it for a potential continuation lower. Technical Breakdown: ? Descending Trendline: The price has respected the trendline resistance, marked by two key rejection points (black and red arrows). ? Support Turned Resistance: The previous support near 0.8300 has now flipped into resistance after a breakdown. ? Bearish Retest Formation: Price is expected to retest 0.8300 before continuing the downtrend. ? Bearish Outlook: If the price holds below 0.8300, we can expect further downside toward new lows. Trade Plan: ✅ Entry: Consider a short position near 0.8290 - 0.8300 on bearish confirmation. ? Target 1: 0.8220 (Previous low). ? Target 2: 0.8180 (Next key support zone). ? Stop Loss: Above 0.8325, to protect against an invalidation of the bearish setup. Conclusion: EUR/GBP remains in a clear downtrend, with a bearish rejection at 0.8300 acting as a key trigger for further downside. Traders should watch for a clean retest before entering short positions. ? Bearish Retest in Play – EUR/GBP Targets Lower Levels! ?
? TradingView Chart: KAITO/USDT on MEXC (1-Hour Timeframe) ? Feb 28, 2025 | High: 2.2372 | Low: 2.0919 | Close: 2.1199 (-3.16%) ? Volume: 1.49M KAITO ? Potential Targets: 35% bounce & 50% move from key levels ? Price Range: 2.9293 (High) to 0.5750 (Low) ⏰ Timeline: Feb 21 - Mar 3 Perfect for short-term traders analyzing KAITO/USDT price action!
NASDAQ:SOXX is painting what I think is a topping pattern. I am expecting this to pull a similar move to AMEX:ARKK back in Q4 2021. If this plays out how I see playing out, I could see this revisiting the $180 area in the next 4-5 months. For reference: https://www.tradingview.com/x/80WRKQhh/
NASDAQ:QQQ I am stalking a bounce on the Q’s. From an intraday high (all time high) to an intraday low on this chart is about 6.2%. I would expect at least a dead cat bounce in the short term, but the market may not deliver for me. Having said that, I have an alert set on this 30-minute chart on the Downtrend line. “If” that triggers, I will go to a 5- or 10-minute chart to see if there is a good risk reward entry. And if I take the trade, it will be meant to be a day trade (of which I am not a fan) but it could turn to a swing trade “if” it gives me at least a 2% cushion. I know I have a lot of "ifs" on this one, but isn't that the way it is? I had posted another chart on the NASDAQ:QQQ index with a link below. I had said in that one that a pullback to the 510 “area” would not negate the longer-term uptrend. But one must be open to all outcomes.
Still very overbought. Still up +258% YTD Has potential to go