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Bearish-market

XLM/USD - it's not late to buy! Hello, traders! Today I want to share my thoughts on the XLM / USD pair. Stellar has seen a huge growth in recent weeks. This occurred due to XLM breaking out positively from a descending wedge formation with a bullish trend before. The descending wedge had multiple verification points of contact. As can be seen, this descending wedge had a positive breakout. The downwards resistance line then proceeded to act as support for the breakout, confirming that it had occurred. How long will this last? Is XLM close to running out of steam? Normally, we would begin with the Ichimoku cloud. However looking at historical XLM data against the Ichimoku we found it to be highly inaccurate, so will, therefore, start with the KC (Keltner Channels). The KCs are currently looking bullish, with the top level of the KC providing support. This, therefore, indicates that the current trend is very strong. Due to the continued support, it also indicates that this upwards movement is very unlikely to be a simple pump. Alongside the KCs we also have the BBs width, this is useful for indicating volatility and the continued progress of a move. As we can see with the indicator BBW (Bollinger Band Width) it is beginning to plateau. This indicates that the aggressive move upwards is beginning to slow down, however, does not indicate that the move is over. Another indicator which is pointing towards further bullish movement, although a slowdown in the BSM (Bollinger bands MACD). The shift from the red area towards the green is a reversal sign / bullish. All the time the indicator is green, it suggests that further bullish movement is in store. I would suggest Stellar reach 0.115 USD in the next couple of days - what do you think? Good luck trading!
BINANCE:XLMUSD
by UnknownUnicorn10064030
4
History Repeats Itself: Those Who Do Not Learn History Are Doomed To Repeat It. Second wave of virus coming even though Fauci says is still wave 1. Everything is setup for another bear market, and when Robinhooders start to loose money for their bull positions, they with turn sides and give strenght to bear market like a Domino Effect. Vix touched bottom on 24.50 and S&P500 futures touched their peak on 3230. Is a bubble inside another bubble. Buying stocks of collapsed companies, is no good idea... bubbles DO break! Fear has been evident for the last 1 and a half week.
OANDA:SPX500USDShort
by PinkyyCerebro
Apenas o começo da crise...Durante a crise de 2008 nós tivemos uma retração de 60% do último topo até o útimo fundo, enquanto que até agora presenciamos uma retração de de 40%, ou seja, ainda temos um terço do total para percorrer caso a situação se repita. Conquanto, deve se levar em conta que esse bear market está sendo ocasionado por uma pandemia, isto é, não sabemos exatamente até quando a situação irá se perdurar. Outra situação é o retorno até a média de 200 períodos, não completando 60% de correção.
BMFBOVESPA:IBOV
by TuPam
Is History Going To Repeat?We've been following the last bear market pretty close so far and right now its time to be concerned with this situation. Yes there are many bullish factors including the halving coming soon, but be aware of this chart when you're feeling too bullish. Let's hope it doesn't come to this and we manage to break above the 200 Daily Moving Average and continue our bull run. 3 things in my opinion can confirm the bull trend: 1. We go above 10400 to form a higher high 2. We make a weekly candle close above 9500 3. We have an open and close weekly candle above the 20 weekly moving average
BITMEX:BTCUSD.PShort
by Crypto_Burger
BTC TO 5500Hello lads. BTC is most likely going to 5500. I am not sure as to why people keep thinking 6000 will hold. 6000 is not support. BTC overshot the parallel channel from 3k to 14k. BTC will probably do the same to the downside. On the way up from 3k to 14k, BTC did not respect the $6000 dollar range. So why would it respect the $6000 range on the way down? Food for thought. BTC respect the the 5000 to 5500 range. Set your buy orders in that range with a 5% stop loss. Thank you. - TRUEPXTRICIXN
BITMEX:BTCUSD.PShort
by BXXST999
BTC still in downtrendI believe that, while much has changed since the last big bull run and subsequent bearish period, BTC is still in a downtrend and I would not recommend going all in for a long ride up until the price reaches 2250 - with this in mind I am setting my take profits lower on long positions and only trading with margin in short positions - I am predicting that BTC will fall down to the 6500 level, consolidate, break down to the 4000 level, consolidate, and break down to the 2250 level (others have predicted a fall down to the 1000-level), consolidate, and then uptrend - I have been trading for many years but am still learning technical analysis (I know, it has taken me way too long :/) so I do apologize that my chart is not very complex; however, I wanted to warn new traders not to hope for a upwards breakout that will result in a trend-change on the 4-hour and daily charts - currently, BTC looks like a buy when looking at the shorter-time-frame charts such as the hourly, 30 minute, and 15 minute, and in fact, it very well may be a buy for a shorter-term long position; however, traders should be weary of a potential decline in BTC - additionally, BTC is traded globally and different regions have different news outlets and different regions act on news differently, I have found that, during the U.S. trading session, BTC is often pumped, while during the normal trading hours of other sessions around the globe, bears retake control - I hope someone benefits from this post, it is my first post - feel free to give me feedback
Short
by grahamtownson1
ADA has only one way to go..If we look at the MACD on the Weekly Chart, we can see that ADA is finishing the bear market. Selling is slowing down and the MACD histogram is showing a reversal, which in this case is from bear to bull. Have we hit the lows yet to buy in? No.. I suspect that Bitcoin will have more selling before reaching real support and sparking a new wave of buying. I suspect Bitcoin can reach $6,000 or 25% from the current price of $8000 easily taking ADA with it down. If ADA falls percentage wise the same as Bitcoin, that should put ADA at around $0.026
BITTREX:ADAUSDShort
by WorldEconomics
1
Preparing for the best and the worst: massive Btc bull trap ?I am becoming more and more pessimistic about this market: 50% bottom is in, 50% might revisit 3k and even hit slightly lower 3k. -the bottom is not clear yet with such a parabolic pattern -the parabola is unsustainable in my opinion, and went too high for the proper start of a bull market -the parabola is too close from the 1st parabola to create a sustainable uptrend (large marketcap) -crypto market bottom happening after only 1 year of bear market is unlikely -lots of 2017 retail/frenzy speculators are still around if not the majority -accumulation does not happen when the herd is still around -social networks, twitter, youtube full of frenzy speculators and hope moonboys, still a lot of views to dumb youtubers with very positive delusionnal comments -the majority of the present herd seems conviced the bottom is in -prolonged bear market invalid if Bitcoin closes 1-several weeks above 13k Conclusion: i do believe that this massive parabolic raise is bullshit, and not trustable. I could be wrong of course. I am prepared for 100k, and for sub 3k. I would be happy in both cases. Nota: If this move is a massive bull trap, it probably happened partly because of the descending triangle from the 6k to the 3k: The fall was so brutal that people became almost certain the bottom was in ("max pain drop from 6k to 3k, it can't be worse" psychological hit), which incited the herd to use over large positions of their portfolio to buy Bitcoin and Altcoins as soon as they spotted the 1st April squeeze. Some 50-50 to me, i would not be surprised if Bitcoin goes to 50k from here, but i won't be surprised if Bitcoin goes sub 3k. Have a plan in case the Bitcoin bear market lasts 1 more year (halving next year), and in case 95% of alts remain in a bear market for the next 2-3 years, it is a possibility to consider unfortunately. I am ready to take some "you are stupid dude, bottom is here, it's a this is a sucker's rally part and you are in disbelief hahaha noon gfy" in the face for posting such a TA. Take care.
BITSTAMP:BTCUSD
by Giovi6969
54
Cardano, Alt-Coins, Don't Be Fooled. Stability Not Here Yet.Quick chart: Don't be fooled, by thinking some stability has come. The price stabilizes, creeps up than suddenly falls. I do not believe the correction is over for the entire crypto market. The entire market is a bit weird, because alt-coins keep dropping. They drop due to fear and instability, then they fall due to Bitcoin rising in price, than fall again when Bitcoin sells. So until there is complete stability, alt-coins may continue to decline in price until there is stability.
BITTREX:ADAUSDShort
by WorldEconomics
Could this be where the market is heading?We seem to be going through the same emotional ride as we did before in the last bubble but with just less participation and news coverage. There are now existential threats no longer round the corner, but actually upon us, Libra and regulations are not good for crypto price appreciation. Adoption, if it ever actually happens as is currently predicted, is still miles away. Coins are worth 10's, 100's of millions or even billions in magic internet money that can be converted into fiat (if you get there first) with no product and no customers. Libra has brought crypto to the forefront of the agenda for world governments and pretty much none of the commentary is positive. What if we are setting up to put in the exact same pattern as before and head to new lows like this. I welcome contrary opinions.
COINBASE:BTCUSDShort
by Delacy
12
$14,000 - REJECTION OR BREAKOUT? UNBELIEVABLE MOVE TO HIT BTC!Bitcoin has pierced through every single resistance level without considerable cool down and retracement. The 0.618/($13,500) retracement level is the last level to be conquered. If we break through this level then prices like 20,000, 25,000 or even higher are probably due to the fact that the market is in an extreme parabolic phase and does not care for any indicators. The top is indefinite and calling it is unbelievably difficult and extremely risky in these phases.. Resistance is very low above 14,000 and if the major levels such as 6,000 and 10,000 were completely obliterated without question or looking back then the same is very likely for 14,000. It is clear that resistance isn't something that the market realises or acknowledges right now. FOMO and aggressive whales have bought up the market way further than it needs to be for a sustained run. The current state of the market is unhealthy and could end badly. It is safe to say that the prior bear market exit was healthier and more orderly allowing for the more sustained price action. The Trading View community is full of greed and exuberance. This is quite symbolic of the 2017 bubble before it burst and capitulated over 85%. The market is dangerous at the minute to say the least. As a result, this may be either one the craziest sell-offs or price surges/parabolas ever in the history of Bitcoin given the price action in the short period of time it has occured. My thoughts are that we will see one of the craziest sell off's Bitcoin has ever seen and I look for a minimum 40% correction before re-evaluating the state of the market.
COINBASE:BTCUSDShort
by JayanVarsani
Ain’t no bull, is bullshit. Yes we crossed the 200 ma on daily, yes we made higher highs on every time frame, BUT why is only one or two coins going up (BTC, BNB) if the whole market is bullish? Last time we were at 11k ether was about 800 a pop, we had a market collapse and then a sudden inflation. I don’t think this is a real bull makret! I expect a massive correction. Bearish indicators show a reversal imminent. If this is a real bull market btc should not have all the money in it. Its a bullish bitcoin and bullish bnb TREND. But not a bullish crypto market. Huge difference. Look at kost of the altcoins, they barely moved since we bottomed. Pretty interesting! Some have suggested this is simply a retrace from ATL to ATH, we’re only 50% there, even a 100% retrace could happen and it could be a “B wave” correction vis a vis Elliot wave theory. I got a few longs in this market, but when we are seeing only one or two coins goin up, I don’t think thats bullish.
CRYPTOCAP:BTC.DShort
by pacman7331