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Bearish-market

SILVER preparing for new highs after four yearsA low risk trade as precious metals are getting more interesting. I'm preparing for at least a 100 % gain in the long term on silver. I'm not bullish on very many commodities/stocks/indexes right now. But this has got some hard value in challenging times (ahead). You can see my targets which are only long term estimates. I would probably do a tight leverage trade on this. The stop is easy to apply aswell. Note the lower trend line which indeed can be drawn 12-14 years back! The Ichimoku cloud has next to no resistance and accumulation is building up. Hope we won't go into a bear market overall during the coming year but a lot of charts show decreasing relative strength. There is indeed money to be made on bear certificates right now and in the long run.
TVC:SILVERLong
by RoyalOakFI
8
Bitcoin Battleplan for May/JuneHi everyone, As seen on my chart we are currently in a neutral zone . Within less then 3 weeks we will know what decision bitcoin will make. Will we enter a bear market or a bull market? We do not know and it is up to Bitcoin to decide. Because we do not know what the outcome will be you should be ready for both bull and bearish outcome. Therefore it is wise to have a plan ready on how to act to a direction. I added the key fib resistance and support levels to provide guidance in making decisions. Hopefully it can help you out! Goodluck everyone, Vincent
BITFINEX:BTCUSD
by CivilisedWolf
13
Fractal Analysis – The Bitcoin Bear Market to end on July 2018Hi everyone, this is Bitcoin Guru. We have a really important update on Bitcoin which we have mainly been following closed doors with our subscribers for the past few weeks. Since our last long-term fractal update, the bull trend failed to confirm after the rising wedge broke down at $11,700 and we started a steep downtrend which made new lows at $8,350 few days ago. We fortunately, have been in fiat (USD, EUR) since the rising wedge broke down and attempted to rebuy at $9,200-9,000 when the support was hit the first time last week, but thankfully our stoploss was hit right before the sell off to $8,350 happened. Since then, we recommended to stay in fiat or Tether for the past several days eyeing some key levels near the bottom of the bearish parallel channel. Unlike others on Tradingview, we did not recommend our subscribers to buy any ALTS or TOKENs long-term yet. These are risky recommendations especially without a confirmation of a final Bitcoin bottom or a long consolidation before the next Megabull starts. It is very important to follow traders that would not put your portfolio at risk. Always do your due diligence when considering charts. That said, in a bear market, we always aim to trade the bigger trades which yield bigger rewards/profit and reducing the time spent watching the chart by buying only Bitcoin when it is extremely oversold. Try to to hold fiat most of the time, then only buy Bitcoin at specific support levels and sell quickly at major resistances. Any mistakes in the bear market can be very costly. That said, lets now dive in on a detailed and real analysis of the current Bitcoin Bear Market: The chart meticulously depicts a blue fractal of the 2014 Bear Market. As you see it overlays very well at the moment with the bear channel of the current trend. However, note that fractals are not foolproof and may stop working at anytime! Currently Bitcoin and the entire Crypto Market is in a strong Bear Market. Based on this fractal analysis and trading analysis we are expect Bitcoin to bottom on April 20, 2018 at $2,949-2,800 and with a potential wick to $2,140. The Bull Market could resume as early as July 3rd, 2018. Let's summarize below why we have been bearish long-term by going through key indicators and patterns we have considered at Bitcoin Guru in the past weeks and months: 1. We made new lows below $9,260 which is the lowest support we had since end of February --> bearish 2. The large IH&S was cancelled by making a new low down to $8,350 3. We double topped at $11,700 - bearish reversal 4. Were within large bearish parallel channels which is typical of a Bear Market 5. The 1W momentum crossed bearish last week, last time this happened was on October 10, 2016 6. The bull trend was clearly rejected on March 4 following a rising wedge and the failure to break past the top of the log bull channel at $12,000. Also, the 1H 2H 4H 6H 12H 1D Bands squeezes resolved to the downside. Subsequently, the trend became bearish 7. Bull traps are numerous, typical of a bear market 8. We've been in a Bull Market for 2 years now, it should be expected to have a somewhat moderate and sizable Bear Market in return. This is typical of Bitcoin's historical cycles. 9. Our Guru cycle custom indicator confirmed the trend/direction as bearish right before the cycle close on March 21st as expected of it 10. Google search interest on Bitcoin and Crypto has waned down a lot. This typically happens when we enter a Bear Market. Interest fades until the next bull cycle starts again At last, based on our fractal analysis and trading analysis, here are key support levels that are good buying entries: $7,100-6,800 $5,540 $4,700-4,400 (recommended entry) $2,949-2,800 (potential final bottom for the current bear market) $2,300-2,140 ( possible only with maximum volatility – recommended entry) Let us know in the comments section below what ALTS or TOKENS pair you'd like us to publish next!
BITSTAMP:BTCUSDShort
by BitcoinGuru
34
Bitcoin at an Important Bullish or Bearish Market CrossroadHey Bitcoin Guru fans! We know you are excited to get your hands on our latest charts. As promised keep liking our charts and follow us and we will keep on giving real trading analysis! Here is a Bitcoin comparison with another similar V-shaped and IH&S bottom on July 16 (first green arrow). At that time, the 1D Bollinger Bands were also tightening and Bitcoin broke the 1D midband and held strongly ABOVE the 1D midband as support (which is bullish) then Bitcoin broke out towards new highs resuming the Megabull. In comparison to the current V-shaped and IH&S bottom we put in at $6,000-5,900 on the February 5th, we projected a similar forecast based on July 16. The bullish forecast which we discussed in another newly published Tradingview chart is outlined through a more detailed pink colored fractal. This pink bullish fractal also makes sense from a stand point of the current large bullish IH&S target being a retest of the top at 19-17.5K which is really a simple text book trade. As you also notice, once we break out past the top of the bearish parallel channel, we head over to retest the ATH but remain within the bullish channel as we go further up most likely towards a final ATH near $75,000 or even $100,000-130,000 by June-July 2018. At the moment we are at a cross road between both bullish parallel channels (that would confirm the bull market potentially being back with a gradual solid break above several key resistances at $11,200, then $12,000 and then $13,000) and bearish parallel channels (that would confirm the bearish market continuation with a solid break below $9,300) To learn more, check our Tradingview portfolio for our Twitter and Website address or PM us for more questions! We offer 1-on-1 cryptocurrencies oriented trading courses for beginner and intermediate traders and also trading signals/alerts.
BITSTAMP:BTCUSD
by BitcoinGuru
15
Long-term Bear Market ForecastYour favorite fractal master, Bitcoin Guru is back! Missed you all, really! We have been super busy at Bitcoin Guru after our successful Bitcoin Megabull /Bull Market (almost a year now!). We also have been actively tied up in providing daily trading TA and giving signals on more than 30-40 cryptocurrencies (ALTS and TOKENS PAIRS) to our lovely members/subscribers. So, check our Tradingview portfolio for our Twitter and Website handles or PM us for more questions! We also offer cryptocurrencies trading courses. Follow us and like our charts on Tradingview and Twitter! Stay in touch! We promise to be more active on Tradingview and giveaway more professional Trading Analysis weekly or daily on many ALTS or TOKEN pairs we typically cover closed door. That said, lets now dive in on a detailed and real analysis of the current Bitcoin Bear Market: Currently, we have a big move pending in either direction based on the Bollinger Bands squeezing tight on all the time-frames and our custom Guru cycle indicator. Our indicator indicates that the current short-term bull cycle ends on February 27 and we start a new Cycle right after that ends on March 21st (notice the 21 Fibonacci number - not a coincidence). That said we expect a BIG MOVE in either direction that will be determined maximum before March 10. We are currently unsure if the sentiment of the new cycle is bullish or bearish or neutral /consolidation. But since we are in a Bear Market we will lean to bearish for the new cycle until proven otherwise and sell the top of the bearish channel and major resistances until the bullish reversal confirms. The current chart carefully and precisely depicts a blue overlay/projection using the 2014 Bear Market. As you see it overlays perfectly well at the moment with the bear channel of the current Bitcoin Market and even the descending triangles. Of course, we do not expect the current Bear Market to play exactly as the 2014 one although history tends to somehow repeat itself at some level. Hence, we have represented several scenarios with major resistance and support levels: BULLS: We have depicted several bullish reversal possibilities (in green) through two Inverted Head and Shoulders (IH&S) patterns on the chart. These will seek to cancel the larger bearish reversal patterns such as double top (at $19,000 and $17,500) and also the larger Head and Shoulders ( H&S ) pattern both seen around December 2017 when the Bitcoin Megabull ended. With any of these two bullish reversals, we would be looking for the Megabull to resume few months down the road. Note that the deeper Bitcoin goes, the longer the bear market will last and the long the Bitcoin Bull Market will take to resume. The first IH&S we have been observing since January 2018 needs to complete its last shoulder by rallying to $11,700-12,000 resistance, but before this happens we have a minefield of bearish obstacles to beat: (1) bottoming at $9300-9250 roughly (completed as of now) (2) then complete a break out from the mini falling wedge by breaking $9,800 (not represented on this chart) (3) break out past horizontal resistances at $10,200-10,500 and $10,700-11,200 (4) break out the top of the bearish parallel channel The second IH&S would complete by drawing the two shoulders through the $6,600-6,000 area then the head through the $5,600-5,000 support with a potential wick deeper through the $4,400-4,200 previous support BEARS: We have also represented potential bottoms/support areas for the Bear Market. Should the 1D midband at $9,300-9,200 fail within the next few weeks, then look lower at: $6,600-6,000 (interim support) $5,600-5,000 (potential final bottom for the current bear market) $4,400-4,200 (in case of bad news and accelerated sell off, this would be our projected potential final bottom) $2,700 (low chance of occurrence as Bitcoin has gone mainstream)
BITFINEX:BTCUSD
by BitcoinGuru
Short-term Bear Market ForecastYour favorite fractal master, Bitcoin Guru is back! Missed you all, really! We have been super busy at Bitcoin Guru after our successful Bitcoin Megabull /Bull Market (almost a year now!). We also have been actively tied up in providing daily trading TA and giving signals on more than 30-40 cryptocurrencies (ALTS and TOKENS PAIRS) to our lovely members/subscribers. So, check our Tradingview portfolio for our Twitter and Website handles or PM us for more questions! We also offer cryptocurrencies trading courses. Follow us and like our charts on Tradingview and Twitter! Stay in touch! We promise to be more active on Tradingview and giveaway more professional Trading Analysis weekly or daily on many ALTS or TOKEN pairs we typically cover closed door. That said, lets now dive in on a detailed and real analysis of the current Bitcoin Short-Term Bear Market: Currently, we have a big move pending in either direction based on the Bollinger Bands squeezing tight on all the time-frames and our custom Guru cycle indicator. Our indicator indicates that the current short-term bull cycle ends on February 27 and we start a new Cycle right after that ends on March 21st (notice the 21 Fibonacci number - not a coincidence). That said we expect a BIG MOVE in either direction that will be determined maximum before March 10. We are currently unsure if the sentiment of the new cycle is bullish or bearish or neutral /consolidation. But since we are in a Bear Market we will lean to bearish for the new cycle until proven otherwise and sell the top of the bearish channel and major resistances until the bullish reversal confirms. The current chart carefully and precisely depicts a blue overlay/projection using the 2014 Bear Market. As you see it overlays perfectly well at the moment with the bear channel of the current Bitcoin Market and even the descending triangles. Of course, we do not expect the current Bear Market to play exactly as the 2014 one although history tends to somehow repeat itself at some level. Hence, we have represented several scenarios with major resistance and support levels: BULLS: We have depicted several bullish reversal possibilities (in green) through two Inverted Head and Shoulders (IH&S) patterns on the chart. These will seek to cancel the larger bearish reversal patterns such as double top (at $19,000 and $17,500) and also the larger Head and Shoulders ( H&S ) pattern both seen around December 2017 when the Bitcoin Megabull ended. With any of these two bullish reversals, we would be looking for the Megabull to resume few months down the road. Note that the deeper Bitcoin goes, the longer the bear market will last and the long the Bitcoin Bull Market will take to resume. The first IH&S we have been observing since January 2018 needs to complete its last shoulder by rallying to $11,700-12,000 resistance, but before this happens we have a minefield of bearish obstacles to beat: (1) bottoming at $9300-9250 roughly (completed as of now) (2) then complete a break out from the mini falling wedge by breaking $9,800 (not represented on this chart) (3) break out past horizontal resistances at $10,200-10,500 and $10,700-11,200 (4) break out the top of the bearish parallel channel The second IH&S would complete by drawing the two shoulders through the $6,600-6,000 area then the head through the $5,600-5,000 support with a potential wick deeper through the $4,400-4,200 previous support BEARS: We have also represented potential bottoms/support areas for the Bear Market. Should the 1D midband at $9,300-9,200 fail within the next few weeks, then look lower at: $6,600-6,000 (interim support) $5,600-5,000 (potential final bottom for the current bear market) $4,400-4,200 (in case of bad news and accelerated sell off, this would be our projected potential final bottom) $2,700 (low chance of occurrence as Bitcoin has gone mainstream)
BITFINEX:BTCUSD
by BitcoinGuru
Bitcoin poised to enter a bear marketWe just completed an elliot wave set and peaked out close to 8k. Then the first signs of weakness came up when this next wave couldn't really push to a new ATH, demonstrating textbook market complacency. Here we see bearish divergence marked in pink on the RSI and MACD. The Stochastic RSI is ready for a crossover at the top, possibly predicting a sign of future market weakness to come, and the weekly Stochastic RSI crossed last week too. We also formed a very nice indecision candle at the top with pretty decent volume. Seems like the Heikin Ashi's are starting to turn bearish as well. I threw my Holy Grail V2 indicator on there for fun. Here we see confusion developing in as the faster lines get twisted under the mid term lines, which are also nearing the longer term lines. Also interesting to see that they look like they are set to have 3 crossovers within a short time of eachother. It still could push higher, but it would be really demanding to sustain more upward movement, as by the charts. Also, BTC is up 8k, I would be pretty happy to walk away with that and not chase it too much higher. Got to be happy with what you have so you don't make risky choices blindly trying to chase more and end up taking unnecessary losses. Remember, happiness is only real when shared ;) happy trading
BITFINEX:BTCUSDShort
by mcbw_
5