Get started

Bearish Flag

SP500 INDEX PERSONAL ANALYSIS IN THE LONG TERM (DUMP)Noodle party? Well not exactly, its a solana chart spilling spaghetti everywhere! The total evaluation for this asset is extremely bearish and I could not even begin to become so engrossed in bear costumes all year round because who could possibly blame us? The cycle has ended just as it has always ended in previous cycles -- it almost always returns to where it started and considering how we just got resisted from the SP500 and NASDAQ on a monthly resistance trendline (you can check this out in my profile) , there's no guarantee that the current supports that HELD us in a bull market will even be strong enough in a bearmarket. The SOLANA chart has now been confirmed with a bearflag that we had been suspecting from since we dropped here in this range for months, a validated bearflag WILL create lower lows and its much stronger in a bear market obviously and especially in a macro-time frame (4H, 8H, 12 H, 1D, 1W). Never underestimate panic selling, always be mindful of your risks and make sure to enlighten yourself everyday with what is happening around the world so that maybe one day, huge positive fundamentals or catalysts would support a possible reversal towards our brand new all time high. ----- You like this chart? Give it a boost, a comment or share it with your friends. Bookmark it, save it, its yours for free!
BINANCE:SOLUSDShort
by Wamses
1
Bitcoin to 3.7k then 250k? Fundamentals extremely bearishThe stock market will crash, it barely down 2% from this local top of 4300, imagine it going to 2900 as bottom, around a 40% crash BTC will go down so hard it is not funny anymore, Michael Burry warned that previous crashes all had something similar in common, now this cycle has ALL OF THEM. Whats more people speculate on stocks that dont justify the earning, we barely dumped and BTC is already at 20k. Winter is coming and demand for oil and gas is going UP, the DXY will RISE. MT GOX BTC 150k. Whats worse we going to close first time history montly BELOW 200 WMA. next top dom 40% btc market cap 53000 = 1t 40% of 12t = 4.8 53000x4.8 = 250k
Short
by Heartskull
3
BTC/USDT - 1H - Bears ControlBTC/USDT is in a bearish trend forming a Bear Flag . The price action has bounced off an important Support Zone and formed a Bear Flag which seems to have been broken. The Bearish Bias is based on the following signals: Bearish trend (price making LHs and LLs) GMMA: Slow MAs above fast MAs Slow MAs acting as dynamic resistance Bear Flag breakout with bearish engulfing on LH RSI under 50 and not near oversold levels OBV convergence with price (downtrend has conviction) Expecting bears to push prices lower. Trade safe. Hit like & follow for more analysis.
Short
by yo_zubair
BTC MUST BOUNCE FROM HERE, IF NOT THEN BE READY FOR A BIG DUMP!!Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BTC update. In my previous BTC update, I clearly told you that BTC is not looking good so be cautious. Hope you guys listened and save your money in this dump. Now let's get to the chart. BTC is forming a bear flag-like structure in the daily time frame and currently trading near the lower trendline of the flag. The last two times, we see a very good bounce from this same zone. We can expect the same bounce this time also. If in any case, BTC daily candle closes below $20.6k and breaks down from this bear flag it will be very bad for the whole market. As of now looks like it is holding the support and ready to bounce from here. What do you think about this? Do you also think that BTC can bounce from here or do you think that it wil break down the bear flag and make a new low? Share your views in the comment section. If you like this idea then do support it with like and follow. Thank You!
COINBASE:BTCUSDLong
by CoreCrypto1
12
Bearish breakout of the BTC bear flagA significant bearish breakdown of the parallel channel/bear flag has begun. The triple bearish divergence and decreasing volume is now playing out. As usual, we need patience to see what the follow through price action looks like. Will we see a backtest of the channel as resistance or do we break back into the channel and continue the short term uptrend? I think more likely than not, this is the beginning of the continuation of the larger bear market cycle for BTC and crypto as a whole. Remember too, there is the bullish shark pattern that needs to reach at least $10k to play out completely. No guarantee but it is certainly still in play. We will probably see significant resistance at the old December 2017 cycle top around $19,891 if we dip that far.
BITSTAMP:BTCUSD
by wuliwong
2
BITCOIN TECHNICAL ANALYSIS IN THE LONG TERM (SHOCKING REVEAL)The total evaluation for BTC chart is bearish. Please be mindful of your risk management as we are, despite the momentum of the bearflag or rising wedge, is still magnanimously bearish overall. This corresponds very well with my NASDAQ chart that you can see in my profile. I am thinking that even if we push up for one last market maker fake out, 26,200$ is the final fake out WITH RESPECT to the monthly resistance trendline. Question is, can this be broken? Absolutely, however until then we have to stick with what we have displayed in our computers telling how bearish the market is. Do not forget to like, follow, share and comment so I would know what you think! Thank you everyone. :)
INDEX:BTCUSDShort
by Wamses
Class A Triple Bearish Divergence on BTC DailyWe see clear class A triple bearish divergence has formed on the BTC daily chart. This is an indication of a likely bearish reversal of the short term uptrend BTC has been experiencing. Recently, BTC has been holding the heartland of the bear flag channel that it has been in since June 16th. The recent upward price movement did not reach the top of the channel and now is heading down. The price action has been tightening for BTC, lately, so a full test to the bottom of the channel might be unlikely. It is difficult to predict where this move could wind up, the most bullish case would be dipping below the hear line, not reaching the bottom of the channel and moving back up. In that scenario the oscillators could get reset and this divergence was invalidated. The most bearish scenario would be to test the bottom of the channel and then break down, returning back to the long term downtrend BTC has been in for November 2021. Also, the long term bullish shark pattern which has around $10k as the shallowest PCZ is still in play. For me personally, I am not taking longs on BTC right now.
BITSTAMP:BTCUSD
by wuliwong
More drops coming and correctedBear market isn’t over but it went up to correction. Bear flag still formed and corrected from the big drop from the inflation, Russian-Ukraine war.. further than that, we should be seeing more coming drop for nice good legs up. Recession had started a week ago but yet now the U.S. economy will be facing the biggest recession yet.. the question was “aren’t we prepared. “ Crypto crash is coming as well this month while resistance are still hitting, please trade safe and be careful of the upcoming crash for all cryptos
BITSTAMP:ETHUSD
by JoyBoyVegae
3
The Beast - Here again 6 months later. Hibernating is a good thing to do for some species. Some store food and save energy. Some avoid unfavorable climate conditions and some do it to metamorphosize into butterflies/moths or whatever. We have definitely been storing food and eating good at team Squeeezy Trades. So what has happened since our "Beast Loading up" idea? - A drop to $83.4 on 090222 to establish what we would learn was the bottom for an astronomical move to the upside.Barring the revisit to $89 9 days later (180222) we haven't seen prices at these levels in 6 months. - A war that took up well above $100 a barrel due to Russia being sanctioned by many and supply issues............Bla Bla Bla. (well..... pretty sure we made mention of the Red Vector candles from 2014 that were above $100 that needed recovering)- Oil actually went to $129.4ish and then did a mega dive. - After 2 tests of $93 zone a 3 month rally commenced from there to $123.4ish before the 7 week down journey to where we are now. Sooooo. What now? We are looking at the same zones to the downside that we were looking at back in Feb. Why because that's where the Green Vector candles are. We are getting there! For those who trade using EMAs we are coming up to a significant touching point in the daily time frame. This is where price meets with the 800 EMA. Why is this so massive? (i) Because the 200 EMA in the daily was touched/tested twice in December of 2021 and - after the 100 EMA in the daily was broken at the 3rd time of asking in July - 6 times this summer before being broken. This makes the 800 EMA the next logical stop (ii) this is where a reversal is more than likely to take place. (iii) The Green Vector candles from 240122/250122 that began the sharp and powerful rises this year are in the vicinity of where the potential contact will take place. What next? Remember you heard it here first, there will be some big news that will cause a big drop, but after that there will be a run like never before that will take Oil back above $100 and to $132 where it will make contact with the next Red Weekly Vector candle from July 2008. There after we believe $143 could be next and at a further stretch there will be a new All Time High made at $147. This could take until 2023 to happen but would be great to happen between Sept/Oct 2022 and March 2023. We cannot forget that $62 (3 times - May 2021, Aug 2021 & Dec 2021) and $66 Dec 2021) area is actually the real support for the year of 2021. Bear it in mind. $57 (March 2021) and $53 are levels it can go to break a Bull Heart but sure absolutely everyone is praying against that. We stand by the theory that the 800 EMA in the daily will be the reversal point. As it is also the 100 EMA for the weekly TF. Currently, depending on how the next 2 week candles go Price should line up to anywhere from $70 to $78 but could also do it from $80-$83. We know this is not helping get the best entry prices but really and truly, behavior of price in the next 2 weeks will indicate the best time to get in. We are waiting for a bottom to form at a place where a strong reaction happens in line with a bunch of confluences and levels aligning. Good luck traders! This is not financial advice and should be taken with a pinch of salt!
TVC:USOIL
by Squeeezy-Trader