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Bearmarket

BTCUSDT Potential Harami bearish on 1MA Harami bearish, candlestick reversal pattern, is about to occur on 1M chart twice after the All-Time-High event. If this projected drawdown plays out. This indicate a strong bearish signal. Harami is highly reliable in bearmarkets, in which pattern is a signal of top price. A Harami bearish just played on 1W chart. This replication on monthly chart will signal potential lower low, i.e. the bottom 15k of moonbois is nothing but a dream. Greater timeframe, greater reliability. The micro price action is performing like a final phase (E) of distribution pattern of Wyckoff method. Now, on hourly chart, we can see a Head and Shoulders top formation targeting local demand. Also, an Alternate Bat harmonic pattern can occur, projecting price more drawdown, as we can see on chart. Abandoned Baby bearish candlestick pattern is also performing on H4. Oscillator Fisher Transform bearish. Elliot Wave Method ] Bitcoin seems to be ready to ride a route-off of this choppy bear market, as in a turn-point to made the 5th wave of an expanding ending diagonal, in which a bearish impulsive wave can occurs to throw-over this broadening wedge structure. This indicate potential lower low. According to my wave count, Bitcoin is about to accomplish this actuall supercycle, making a wave 4 of an expanding ending diagonal, in which one more supercycle may complete this potential pattern, which a new ATH can surpass 200k. The 5th wave of the ending diagonal, which will be the next bullrun supercycle to complete the wave I of the Grand Supercycle, don't needs to touch the upper trend-line. For the validation of this pattern, the bottom of this actuall bearmarket needs to be accomplished, completing wave 4. Then, the shape of the channel will be definetly drew. If this market respect Elliot Wave rules, a severe bearmarket will occurs to made the Wave II of Grand Supercycle. From a chart pattern perspective, this peak can be consider a pullback to Head and Shoulders neckline in confluence with the back-test to anchored VWAP from ATH. Indicating turn-point. Fibonacci Historically, In all corrections, BTC retraced either 88.6% of the same measured Fibonacci retracement, decreasing more than 80% in it's price from each new all-time-high. As we can see applied on this chart, a drawdown either 50% can be expected. Pivot levels Stablished pivot levels from the sum of HH+HL+Close:3 from the choppy sectors selected. in a fractal manner, the pivot level is a potential area of interest to re-entry. The price can shakeout in this range due to the anchored VWAP from candle of 13-Jun'22 reaction, thus I've pinpoint these levels to be watched. Harrmonic pattern prediction In prediction, a Partizan 2.4 harmonic pattern can be formed on this speculative bottom region, lead price above to 40k supply region.
Short
by firmestudio
BTCUSD Pullback to Neckline Accomplished. 50% drawdown expectedSigns of reversal, market structure choppy. Flat correction in consecutive double three zig-zags on the upper boundary of a macro diagonal after an complete impulsive wave; lower highs with decrease of volume, showing lack of confidence by the buyers-side, as shown on Weis Wave Volume indicator; overbought condition. Harmonic patterns: potential bearish Crab leading to supply. If price action don't reach this area breaking volume POC, a least a back-test to VWAP from the higher high can be occur, leading by an 3-Drives pattern. High possibility of a POC back-test @ preferencial 14,6% Fibonacci retracement zone. Plus AB=CD bearish projection leading to the micro demand zone. Strong hidden bearigh divergence on CCI oscillator. Short position swing perspective: if price broke weekly pivot level @ 21009 with strength, possible intermediary target @ 18229 support. The price can retrace to the pivot. MACRO Weekly price action: the price made a strong bearish candlestick pattern Harami Cross. The price is trading in a broadening structure like a ending diagonal formation. Weekly scenario: price pulled back to neckline from the major Head and Shoulders back-testing the VWAP from ATH. In a potential fractal from the 1st test of this VWAP, in which the same Harami Cross performed in an overbought condition, showing that a strong supply was reached. In addiction to the fractals, I've selected the local choppy structure and calculated the pivots by the sum of high+low+close:3, resulting in a key level exposed, in which price retraces before continue the decline in an impulsive bearish leg-Down. Expectation: possible lower low if a throw-over occurs in a breaking of the expanding diagonal structure. this can be lead price to touch the same 88,6% Fibonacci level as occurred historically in all corrections. Therefore, a drawndown of 50% to the 11k level seems strongly possible, --------------------- Bitcoin is about to complete it's first Wave 1 Grand Super Cycle bull run, in which actual point seems to be forming a ending diagonal of 5th impulse wave.
Short
by firmestudio
7
Google - Bearish SentimentPrice broke structure at 100.29 to create equal highs at 107.84. Then price gave us a BEARISH GAP to take out ORDERS at 102.09. The BEARISH GAP that was created must be filled before price can drop significantly. I expect price to fill the BEARISH GAP and take out the EQUAL HIGHS at 107.84. The 113 price point is where price will go. From there a major dip will happen. This will take out the ENGINEERED LIQUIDITY ($). I am EXTREMELY BEARISH on Google!!! --------------------------------------------------------------------------------------------------------------- Price action is KING!!
NASDAQ:GOOGLShort
by SMCSmartSniper1
Still very bearish and not bottomed in yet.. it’s not overHit 24K but made into a Resistance. Most people said bitcoin is bottomed.. no not quite. The bear market isn’t over, tell you why and bitcoin will still be volatile and the big problem of liquidity. The Feds are still raising interest rates and best part inflation is cooling down but don’t celebrate way too early because back to bulls .. bulls aren’t back yet; if bulls are back then would hit over 35K. Since more jobs are in but more hiring would cause further rate hikes, and inflation are still high but still will take time. The war is coming between china and US as well since the spy balloon had taken down. The bottom I see still about 10K around there. If not then 12-14K is the bottom; the bear market retrace is still going.. don’t get too greedy.
BITSTAMP:BTCUSD
by JoyBoyVegae
4
Monthly BTC Crossing The Zero lagg MACD has been an amazing indicator for me. The last 3 months have been amazing to watch the bullish track. This could be the change of direction in the bear market that signifies the low in the $15k's was the lowest. We sit at -12045 for the MACD and the EMA for the MACD sits at -8573. If I see a crossing here and then a confirmation on the RSI which right now sits at 46.11 and the RSI SMA sits at 46.65. They are close, are we at the last leg of this bear market marathon or do we have more to go. Let's see if the thing happen that need to happen.
BITSTAMP:BTCUSD
by empathicLeader13655
1
BTCUSD Pullback to Neckline AccomplishedPrice action pulled back to the dynamic neckline resistance from the major Head and Shoulders in formation. From the chart pattern perspective, this phase can considered a important turn-point, which psychological terms can rise interests for the bearish-side and growth of bearishness of market. In addiction, retroactive Fibonacci retracement potential fractal suggest a 88.6% targe in decline to fill in confluence to the potential double-down correction from this H&S. Classical short setup. In addiction, a strong reaction by buyers HODLers can be expected in a potential bounce from the Anchored VWAP of 2018 low, which is a strong area of interest / equilibrium to fill. If the price breaks-down the demand, a new phase of bearish leg-downwards / collapse can plays-out, which will lead us to a capitulate.
BITSTAMP:BTCUSDShort
by firmestudio
19
If BTC really goes to 12k, we are F****DThis looks really bad now. I thought that we would enter a Wyckoff Accumulation pattern, but Bitcoin's continued weakness let's me fear for a worst-case scenario. There is still time and we could get lucky for a Wyckoff pattern, but should BTC really go lower, it is likely that we would visit the 12k area. Many people would then think: Awesome, cheap coins ! This is excellent ! I will buy cheap coins and then Bitcoin will make new All-time highs after the next halving. But wait ! From a technical perspective, this is really bad if Bitcoin goes really so low. It basically breaks all important support levels, and this would mean that the entire runup from 2010 until 2022, has been a completed 5-Wave Eliott structure. And that would mean that we would get a huge ABC correction, where the A wave goes to 12k, and consequently the C wave would go much lower, to around 2k. Sounds insane, but that is what would happen from a technical perspective. The B wave would go to around 40k, and people would be really optimistic again, we would see lots of "CCMF" and laser eyes, and whatnot, but in reality it would just be a bounce. And this would also coincide for when I think the real recession will come: Normally it starts about 6-12 months after the FED pivot. The FED is expected to pivot in Q1 2023. Thus, we would see the start of the real bearmarket in early 2024. THis in turn means, that there would not be a new alltime high for the Bitcoin Halving. Yes, sure, some coins would pump nicely, but we would not get the typical super mania phase where many many coins pump like crazy. On the right side I drew ETHUSD, which did something very similar a few years ago. The structure is very similar, and I think that this is what BTC would do. But of course I still hope that my previous idea will be the correct one, the Wyckoff accumulation pattern. Then we would soon see a bounce to 25k and the final spring at around 16k. Let's hope for that scenario, because the 12k scenario would mean quite a few years of brutal bearmarket.
INDEX:BTCUSD
by SebastianofMoon
24
$QQQ: Quarterly trend expiring...The quarterly timeframe chart had a trend signal that formed when the market broke out of the range that formed before and after the pandemic shock and subsequent lock public health, fiscal and monetary policies impacted equities. The stimulus driven bonanza ended and the market topped as the world knew the Fed would embark in quantitative tightening to normalize policy. Very curiously even perma bears and perma wrong value investors waiting for a dip got bullish, marking interesting contrarian signals for a top in late Nov 2021. Now that the tides have turned, former winners have become the worst performers and riskiest assets to own long term due to the change in fundamental variables and the huge bubble that formed and is popping right now. The weekly $QQQ chart could flash a big weekly down trend during next week, for that reason I bot a put spread expiring on June 17 to reduce my portfolio's risk and profit, being this bear put spread OTM one of my main bearish plays I got going right now. If price stays below the weekly mode area for the whole week, the signal will confirm and we will see the Nasdaq names slide down dramatically until mid June easily. Longer term, this chart pattern points to a decline lasting well into 2024, and suggesting painful downside can happen in this ETF and associated names. Best of luck, Ivan Labrie.
NASDAQ:QQQShort
by IvanLabrie
5
$AAPL: Bubble popped...I think $AAPL offers a great long term short opportunity here, I specially like the idea of being long $BRK.B and short $AAPL to nullify the exposure Berkshire contains as well...Valuation could come down substantially with the on-shoring theme materializing over time as China manufacturing fueled margins would suffer. We have seen demand slumping lately, with sales slowing down, and technicals offer a great short signal in the daily, after getting overbought, while the monthly chart implies price can fall until August, and reach at least the levels where the last monthly trend started @ 128.72. Definitely a good addition to a long term portfolio, to help reduce volatility in this long term bear market we are navigating now, like it or not. Vast majority of the people remain oblivious to it, and definitely not correctly positioned to profit from the changing market conditions that we observe. We might see a similar situation as the period between 2000 and 2003 unfold next. Best of luck, Ivan Labrie.
NASDAQ:AAPLShort
by IvanLabrie
2
BTCUSD - TIME TO SHORT?It appears that we are currently experiencing a similar pattern to the bull run we saw in the past. During this previous bull run, we saw a sharp decline from 65K to 29K. Currently, we are seeing a similar pattern with long positions being trapped at the top and many stops being placed below 20,4K. If this pattern continues, we may see a decline towards the 20K psychological level, which would help to flush out leveraged long positions and start a new impulse from there. Additionally, there is an open gap at 20K which may also be filled.
Short
by SiDec
3
Very interesting Stock Another interesting stock, in June the moving average of 50 periods went below the moving average of 200 periods which creates what is called in technical analysis a dead cross, and since then the price was always under the moving average of 200 periods. Now the price reaches a price level of 57.68 already used in the past as support in May and in June 2021. The downtrend has started and there are many chances that will not stop, due to the financial situation and the spectrum of recession. Plus this stock start to rise in 2020 a period when the stock market was euphoric. My vision is short.
NYSE:DACShort
by tassrjfly
Timeline for the minor bull market (based on RUNE chart)RUNEUSDT chart gives a comprehensive outlook on when the current bear market can probably end and the interim (minor) bullmarket start. I'm not speaking about the major bullmarket similar to 2020-2021, which obviously is determined by Bitcoin's halving cycles, but rather an interim smaller bullrun with lower highs, which are nevertheless enough to cause high retail demand and money flow. The downtrend set by the highs of THORChain (Rune) intersects the 'projected' price of RUNE approximately in 6 months, forming a perfect double bottom. This is especially remarkable, since right now we are in an upthrust (bull trap, if we agree with this logic) which may lure many retailers in what they believe is a 'recovery', although it is not. The fact the the line of the downtrend being projected further forms a second bottom mirroring the already formed one, made me think that this can be an indication of the end of the bear market (when the price breaks above the trendline). Of course if you look at any other crypto chart, including BTC, you also will be able to see this ~160 day bottom we've gone through by now with a minor upthrust we're currently in, but RUNE is the first chart where I so a second visible confirmation in form of intersection between the end of the second bottom (not yet formed) and the projection of the trend line.
by s-dyorin
2
BTCUSDT Price $13,000, Channel Resistance| .786 Fibonacci| TrendEvening Traders, Today’s analysis – BTCUSDT- trading at a clear resistance level where a rejection is plausible, Poiints to consider, - Price action impulsive - Channel high resistance - Key swing high liquidity - Rotation lower BTCUSDT’s immediate price action is trading at a key inflection point that is in confluence with the channel high, liquidity point and the .786 Fibaoncci, this allows for a bearish bias. The immediate objective is the channel mid, exceeding this point will accelerate price action towards the lower support. Overall, in my opinion, BTCUSDT is a valid short with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps, Thank you for following my work And remember, “Win, loss whatever emerges in the short-term, place and manage your next trades untouched, unattached... always keeping your eyes on the long-term picture.” ― Yvan Byeajee
Short
by AzizKhanZamani
13