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Bearish Patterns

AUD/NZD Approaching 1.08000 Support Level: Bearish Outlook AheadThe chart of AUD/NZD suggests that the price is approaching a key support level at 1.08000. After a recent downward move, the market is expected to retest this support zone. The downward arrow on the chart indicates an expectation of further bearish movement towards the 1.08000 area. This level could act as a potential reversal point, but a break below could lead to further downside pressure. The market structure appears to be in a corrective phase, with lower highs and lower lows forming.
Short
by ClearTradingMind
BITCOIN DOMINANCE UPDATE: WHEN ALTSEASON?Hey everyone! Appreciate a like and follow if this analysis helps! Bitcoin Dominance is a key indicator for potential altcoin seasons. While there's been anticipation, the market hasn't shown significant changes yet. Let's analyze the Bitcoin Dominance chart for clues. On the weekly timeframe, Bitcoin Dominance has formed a large rising wedge pattern and is approaching strong resistance. This level acted as support in 2019-2020 but has now turned into resistance. We're currently in a potential "maximum pain zone." This period can present opportunities to accumulate promising altcoins for potential gains during the upcoming bull run. Important to note: Accumulating now might involve short-term losses of 20-30% due to market manipulation. However, the potential for 20x-30x returns during the bull run makes this risk worthwhile for some. Key Takeaway: Seize the Opportunity: Start accumulating quality altcoins now to capitalize on the potential bull run. Embrace Risk: Be prepared for short-term losses to reap long-term rewards. Let's discuss it! What are your thoughts on Bitcoin Dominance and the potential for an altcoin season? Share your analysis in the comments below.
CRYPTOCAP:BTC.DShort
by CoreCrypto1
9
CAPE Ratio > Shiller P/E RatioThe Shiller P/E Ratio helps investors understand whether the stock market as a whole is overvalued or undervalued. It is calculated as the current price divided by the average inflation-adjusted earnings per share (EPS) over the past 10 years. We are currently in one of the most overvalued stock markets, with the Shiller P/E Ratio at 32.61, a level not seen since the late 1990s. During the dot-com rally of tech stocks in the US, the Shiller P/E Ratio reached 44.19. At that time, this high ratio suggested that the market was in a bubble. Are we now in an AI bubble?
MULTPL:SHILLER_PE_RATIO_MONTHShort
by Flow-Trade