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Bearish-market

Another bull market trap? Bear market swing?Are we going to see a repeat of this years false gains? Remember than back a few months ago when Bitcoin started gaining in price, there was the thought that the bear market was over and the bull run started. Eagerly, lots of novice investors started dumping money to catch the "wave" only to get slaughtered with a straight drop. These are called Bear Market Swings. Is this another one? Absolutely. Is there any concrete evidence to point that Bitcoin has any reason (aside from hype) that it should continue upward? No. Here is a list of facts about crypto and bitcoin, people seemly forget: - It's expensive to send, and its slow. - It can lose 100% of its value in 1-minute, there are no safe guards or "circuit breakers". - It is not anonymous since all exchanges require extensive identification checks. - Its not finite, it can fork 1,000,000 times. Bitcoin is worthless, it has no intrinsic value. - It requires HUGE amounts of electricity to mine and transfer. But here is the absolute truth about crypto/bitcoin: The the only reason people even buy that worthless "asset", is because "investors" aka day-traders want more FIAT, amazing isn't it? You see, the hold argument falls flat on its face about "fiat is bad" when gaining more fiat is the entire goal of crypto trading. The problem is fiat right? Yet that's the VERY thing you want more of with Bitcoin. No one is rich in bitcoin, because there is no value to bitcoin. Bitcoin is a money grab, its worthless, with ZERO stability. By the time someone gets paid in BTC, it may have lost 20%. Idiotic "asset" to invest in. Also to clear it up, Bitcoin is NOT an asset, an asset is defined as "a useful or valuable thing, person, or quality" of which Bitcoin or crypto is neither of.
COINBASE:BTCUSDShort
by WorldEconomics
2
Time analysis: Could the bitcoin bear market end October 2020?To me, it looks like the market is moving slower after each cycle. Our last bull run was longer than the previous one. The 2014 bear market was also longer than the 2011 bear market. To my findings, the bear market of 2014 moved 2.5x slower than the 2011 one. If we use that same factor this time according to my calculations the bear market now should end around October 2020. I know that sounds very depressing but as a long term trader I'm trying to find every possible outcome and this is one of them.
BNC:BLXShort
by CivilisedWolf
6
Ethereum About to Wipe All "Hopeful" Bulls A Last TimeHi everyone, like the chart, follow us on Tradingview and Telegram to get started and read on! For those who have been following our charts on Tradingview and Telegram, you know we have been following this blue fractal for quite some time. Although it has some discrepancies compared to 2015, it's timing has still proven remarkable and accurate. During the uptrend, I warned our members repeatedly to lock profit on the way up as that rally will not sustain due to the negligible $5-8 retraces which is unhealthy and due that a crash was eventually coming once the 3-Drive completes and it did. Currently we are standing at the area represented in green waiting for the Hard Fork on February 28 before crashing down to $104-100 initially and wiping all the bulls remaining who believe in a A&E bottom. The deadline for the bears to make this drop happen is March 8. The bear case is in my opinion stronger than the bull case for many reasons once we drop to $128.50 and not limited to: 1. Strong rejection at 1W midband 2. Rejection at several resistance levels of confluence 3. Bear reversal through the large blue rising wedge (the last time it happened in December 2018, we full retraced down to $104-100) 4. Bear Reversal seen through a double top at $160 (double rising blue wedges) 5. Currently the 12H momentum has a death cross pending which could play out anytime in the next 1-3 days 6. Impending sell the news Constantinople Hard Fork event on February 28 We will be looking to buy the double bottom at either these two areas: Target 1: 95-92 Target 2: $84-80 Stoploss: $75 - below this level we would see most likely Ethereum resuming the Bear Market towards $62-55 with a potential wick to $44-40.
COINBASE:ETHUSDShort
by BitcoinGuru
4 possible bear market bottomsWe could double bottom at the weekly 200ma and find our bottom there considering we have never closed a weekly candle under it. Next leg down you can see a major trendline here in this yellow horizontal line that could certainly provide the bottom we are looking for but if we are to retrace below that the next 2 horizontal olive green lines seem to be the end all be all for our market bottom. I think we wont see anything lower than the one around 960...it is the candle close of the bull run peak(in 2013) before the most recent bull run, in other words the bull run peak before the last bull run. In markets whose ultimate bubble has yet to pop, the bear market typically finds its bottom before it has a chance to reach under the candle close of the previous bull runs peak. Considering there are far too many huge financial institutions currently stepping into crypto we can tell that the real bubble hasn't even gotten close to popping yet, so I am extremely confident that we will reach a bear market bottom by at least this bottom olive green horizontal line around 960 more likely in the 11k range or so. . .but possible at 2950 or the weekly 200ma double bottom around 3.1-3.2k..of course this is all just my opinion and not financial advice. Good luck and thanks for reading!
BITSTAMP:BTCUSD
by DrDovetail
ETC/USDT Binance Analysis +Targets 10% + MoreTRADING STRATEGIC BINANCE:ETCUSDT Hi everyone, Lets get started! ETC has been trading in a descending channel for weeks, however, Today ETC is showing us enough strength for breaking resistance and move up again, im not saying it will be massive but I think its gonna be a nice swing trade set up if the conditions apply. Chart Analysis: -Chart Time frame: 4H -Timeframe: 1D-1W 1)-Weekly Chart: Given us a red 9, meaning that the move to downside could be potentially start to get tired, Therefore, Bulls could be controlling the space during 1 to 2 weeks moving forward. In addition, we got a nice wick from last 3 weeks showing how the price start to stop current momentum. 2)-Daily Chart: ETC is very close to uptrend channel. at the same times its forming what seems is a ascending triangle, during this consolidation time ETC has been rejection lower level and accomplishing higher high, which is a sign of strength. In addition, we got Bullish divergence in RSI, which a significant level of difference. I consider this very bullish. 3)-4H Chart: helps to confirm a support level at 3.66, I noticed several wicks around this level reversing momentum every time. I believe blue rectangle can be consider good support zone. However we are approaching to top of the channel, now we have time resistance that its about to be tested in 12 to 16 Hours. Conclusion: I will be bullish if ETC managed to start trading above the descending channel (Break trendline). I believe that if ETC break the current channel will take it to complete the Ascending triangle and pump the price around the targets mention later in this post. In the other hand, if ETC continue to trade this channel and break ascending triangle shape that will be a sign that ETC is no longer strong enough to carry itself to higher highs. TRADE MANAGEMENT: Trade entry: 3.6700 Stop Loss: 3.59 -Targets: Mercury: 4.000 Venus: 4.200 Earth: 5.800 Risks/Rewards: -Risk/Reward Ratio: 12.31 -Risk per trade: 2.15% If you enjoy this analysis dont hesitate like and follow. Until the next time! No Fear just trade!
Long
by vfxvictor
Projecting 2011's bubble over 2018's bubble. I copied the fractal of the 2011 bubble and roughly scaled the speed to match our bubble. It would put a bottom in January 2020. I was thinking. Why would we bottom earlier than the 2014 bear market? Wouldn't it be more logic that the cycles take longer now? More money is involved. The 2011 bear market took half a year, The 2014 bear market took roughly a year , so may be this bear market could take over 2+ years .. Who knows.. 2011 2018
BNC:BLXShort
by CivilisedWolf
7
Possible Super inverse H&S is forming; Target:5.5kHello everyone, If you follow my telegram channel you seen my call and the discovery of the june fractal playing out. + There is a big daily bullish divergence. Here is the fractal comparison I made: The fractal of june was part of a big inverse h&s formation. I'm considering that the fractal right now will also extend also in the same formation. If that is correct then the 5.5k target can be reached end of december. I don't think this is the bottom. I think we will dump further from 5.5k towards 1.8-2.5k range to bottom out end of January or start of February.
BITSTAMP:BTCUSDLong
by CivilisedWolf
6
Should reach bear market's end by February if history repeatsI don't see the bottom being any lower than $1120. Still a chance we've already bottomed of course or that the bottom is only slightly lower at $2800 or even 3k. However I feel confident that the lowest we would go is $1120 based on the past history of major peaks and bottoms on bitcoin. I don't believe the ultimate btc bubble pop has happened and feel this market is only just beginning so for that reason I think the lowest it will go for a bottom is $1120. last bottom was a 86% drop from the 2013 peak we have only fallen about 81% from the 2018 peak so there's likely still a capitulation candle to come I think we can dip around 86-90% from the recent ath before bear market finally ends.
BITSTAMP:BTCUSD
by DrDovetail
The Only Bull Case I Find PlausibleSomething to keep in mind: We are right up against the longest-term trend line (going back to 2011), which has never broken. If history is to repeat itself then this bear market will be over within two months and BTC will start making higher lows. However , my gut feeling is still bearish in the short- & mid-term. Events that have never happened before should not be treated as impossible, and this trend line could break. I am holding a conservative amount of bitcoin and small amounts of major altcoins, with an open short position on BTC on bitmex to hedge against further downside.
BNC:BLXLong
by tomraistrick
Do not dream bitcoin 7k+ for now, failed uptrend!Hi guys. hope you guys are healthy and energetic, at this autumn season! btc, so boring. now dropped again. yes, we all had hopes of going above 7k. but for now, guys, this would not come today, tomorrow, or next week. we might even go lower, next month or this month. i will tell you some of my thoughts now. so last time i told you before at oct 8~9th, if we do not go above 6800, sell your positions. it does not look good now.even if we bounce now,it looks gloomy mid term. we came down to 6500ish for now, we can get a bounce but does not look good though. anyways, lets look at the charts. so we broke down 60ma daily support, doesn't mean it totally broke down, but touching below that level is no good. daily stoch banding down, with consistent bear divergence, volume decrease not good. all this bounces is happening with no bottoming process! so it is weak. especially when we could not surpass the 6700/6800 level at october 8th, 9th, we are not facing major resistance above levels. not good really. we can only now think of 6500/6550 support, if we break down 6500, and onto 6450 now, it means we can see hell. so indicators for btc does not look good. we have three scenarios left. first we go all the way to the right line of the falling wedge resistance at 6.9/7.0, and go up, staying inside the red ichimoku resistance above 6550 for next two weeks. this is the most bullish scenario for now. next two scenarios, basically we stay inside for while/ or fall outside the triangle, go sideways but fall deep down eventually. if we fall down now at early/mid october to 5k, we can think about going above 6800 at early november/or late october, if we go sideways like this for october, we might even get that big fall at november, which, will take some more long time to go up. weekly basis, we are still in a bear flag guys. we are still in major downtrend, which can break down any moment. reason for this, we have two problems, or trends we have to take care of. big falling wedge that targets 5k, and long uptrendline for btc. the green box around 4.9~5.2k matches the target price. after that i believe we go up, up, up. ok? so don't be so afraid guys. even of we go down, i believe in terms of btc, it will be a 1000~1500 dollar drop. about 20%~30% drop. but after that, i believe we will go up, high, next year. short term trade, for now, is this chart here. we are at major support, 6500ish, bottom of the triangle. indicators are oversold short term, i think you can go long. we can short after a bounce. trading plans are 1. open longs(bitfinex price) 6510~6550 target:6600/6680 (for bitmex, 6440~6470 area) ->this is happening now stoploss:6500(bitfinex)-tighter one, 6470(less tighter one) 2. open short 6640~6680(bitmex 6580~6620) let's see. if we do not see a good bounce now, and closing at 6500/6550 tomorrow, we drop more. we short then. good trading!
BITFINEX:BTCUSD
by Turningmecard
6
$BTC | The last "bear market" stance.There is plenty of context to understand what is happens. If we break UP out of the descending triangle, we need to see a higher high than 8500 to become actually bullish, we could potentially go stagnant in between for months . . . If we break DOWN out of the descending triangle this is what I am watching; Bitcoin @ low 4k = 75 mil m.cap Bitcoin @ 3k = 50 mil m.cap Potential bounce zones are marked, I MIGHT even say we see a capitulation wick from 3k -> 1800. 1800 being my LPS. Period. This analysis was post Pomp's podcast and a deep study into the history of Bitcoin. These are my thoughts, cheers.
BITSTAMP:BTCUSD
by Noxzilla
Macro FTSE 100 - EWT Analysis - Ending DiagonalAnalyzing the FTSE from a Macro point of view, it seems as if we are currently printing an ending diagonal in W3. EWT paint a bearish picture. If the diagonal breaks to the downside and cannot hold price above 6750, the impulse structure has failed and will signal a retest of the low at 5600. Brexit has caused doubt in the UK market as a whole with equities clearly taking a hit. At the very least, I would see a test of the yellow range. Join my telegram at t.me
TVC:UKXShort
by ColinGallaghere5
FB, Facebook, great r/w short opportunity My followers know i am bearish on the stock market, expecting a big bear market the coming year or two. This trade falls right in to place, because the Nasdaq is also at it's last breath before a drop will happen. I am using the red area as my stop loss, Even if we break it and my stop triggers, i will short it again after that yellow area breaks again. Targets around 194, but i will probably keep 50% to let it run with a trailing stop.
NASDAQ:METAShort
by botje11
24
BTCUSD Momentum Flagging but unable to push lower for nowSorry if you're getting spammed for alerts. For some reason TradingView is not publishing my idea properly I've had to attempt a few times now. Based on RSI , market geometry and EW, I think this may be a probable path. The bear trend seems to have reached exhaustion and bulls are willing to buy below 6k but unwilling to chase the price up. We will encounter stiff resistance at the ichimoku cloud and 200 SMA (not shown on chart) as well as the upper trendline of the falling wedge . I have found a lot of confluence at the 5880 level as well as 4800 but it seems we are unable to push much lower than we are for now. We could very well go sideways for a few days before any substantial movement, but I think we need some fresh FOMO before we can make a new low. We could fall further than 5880 but in the immediate term it seems unlikely given the lack of momentum in either direction. The daily MACD histogram is slightly ticking up and RSI continues to show a slight uptrend. We are likely to overshoot the bottom trendline of the wedge when we get there sometime in a couple months. VPR shows 4800 as a strong level of support. If we shoot past and don't form a bull wick and see it quickly bought up it would be very bearish . We could spend months in that range. The indicator I'm using at the bottom is RSI candlesticks provided by my friend @cI8DH Check out his page and give him a like. RSI Candles Here is the bigger picture, I think there are a lot of confluences supporting this view
COINBASE:BTCUSD
by DennisLeeBTC
16