Bearmarket
SPY Update! Looking attractive here. The trend is a good friend.SPY had been on this strong up trend since the COVID plummet in March 2020. On this chart you can see how it broke the regression trend to the downside.
How low... can you go...?
Notable things to watch:
- The gap that MAY! fill at $400 that can be seen on the daily & weekly time frames.
- FOMC this week; for shits n' giggles.
- Short term outlook - on the Daily time frame the 200 sma (in red) is sitting in the $400 area where the gap MAY! fill.
- Long term outlook - on the weekly time frame you can see that the 200sma (in red) is coming up on the 61.80% ($318.17). (chart attached below)
Just ride the trend & enjoy the ride but use proper risk management. Its all about the journey & the mulah is a by product of it all.
This is not financial advice. This is to be taken as my opinion only!
Bitcoin Explosive Breakout Target#Bitcoin appearing to be gearing up for an for explosive breakout breaking out of a MASSIVE rising wedge patern favoring price targets nearing 1.618 fininachi extension putting the BTC Price at around 90k to complete wave 5. Won't be long until we have an ABC correction before we start attacking the 100k & 200k BTC levels.
These things take time but I do beleive with so much adoption and with regularoty clarity BTC and other charts like XRP, XLM that have not hit their 4.326 Fib targets they too should go on to set new all time highs. Don't sleep on these dips.
It's hard not to be bullish when it's written in the charts.
BTC BEARMARKET BOTTOM 2022Hey everyone
Today i show you my BTC Prediction for the bottom of the current 2022 Bear market.
Where is the bottom?
- I expect the bottom of this bear market to be at around $22000 - $25000
Where will i buy again?
- I sold all my crypto coins when BTC broke the old ATH at 65k-70k because i knew that wont last long because of the low volume we had. I will buy in again from $22000 - $25000
I talked about this 2022 bear market since october 2021 for everyone who not knows.
This is just my opinion!
QQQ Retracement Projection: Is $180 Realistic?$QQQ is heavily weighted towards risk-on technologies.
Inflation is soaring, dovish Fed with loose monetary policies is not sustainable in the face of CPI/PPI/Commodities/etcetera reflecting an unhealthy market with price increases not seen in 40 years.
Previous significant correction benchmarks:
1. 2020 global pandemic from local high to bottom took 30 days with a -30% retracement. The recovery was limited in depth and and time due to fast stimulus response by government that has led to part of this inflation challenge
2. 2008 housing market bubble took 390 days to bottom out with approx 55% retracement
3. 2001 dot.com took 930 days to bottom with 84% retrace
Of note, the dot.com recovery for NASDAQ took 15 years and was supported by unfettered government quantitative easing.
The long-term channel bottom for QQQ aligns with the 55% correction level that took 390 days for the housing market.
QQQ Price Target at this level is approx. $180
SPX EMA Buying IndicationSPX has seen 6 instances since 2003 where the 100 EMA has crossed below the 200 EMA.
With the majority of these identifying an optimal buy/entry point, with the strategy to look consider the depth of retracement and to scale into positions for optimal ROI once the market recovers.
The only major time where this was not close to the lowest retracement point was follwoing the housing market bubble which saw the 100 EMA remain below the 200 EMA for approx. 600 days with the optimal buy zone occurring 2/3 of the way through around 190 days before the 100 EMA crossed above.
#1. 20% Oct-Dec 2018, 100 EMA below 200 EMA approx 80 days from mid-Dec 2018 to mid-Mar 2019
#2. -35% Feb to Mar 2020, 100 EMA below 200 EMA approx 80 days late-Mar 2020 to mid-June
#3. -58% Oct 2007 to Mar 2009, 100 EMA below 200 EMA approx 600 days from Jan 2008 to Sep 2009. Lowest point was approx 190 days from 100 EMA crossing back above 200 EMA
Other periods to consider where 100 EMA crossed below 200 EMA:
Jan to Apr 2016
Sep to Nov 2015
Sep 2011 to Jan 2012
NOTE:
- THE CURRENT MACRO ENVIRONMENT REFLECTS A DEEP RECESSION IS LIKELY BASED ON COMMODITIES AS WELL AS THE BREADTH OF ASSETS & EQUITIES WITH VALUATIONS AT OR NEAR ATH'S.
- Correction likely to be similar if not deeper than what was realized when the housing market collapsed in 2008 given the more widespread high prices driven by absurd amounts of excess money supply with rates at/near zero.
US100: read the descriptionFrom previous posts i expected a spike to 14500, 14400 was hit instead before pukking lower. Shorting all spikes have worked great. Still expecting the 12.000 level. I will keep shorting the spikes.
Inflation expectation (green line) is exploding and no signs of mean reverting for now. Put/call ratio on the rise which indicates a more bearish sentiment. High gas prises which will give less disposable income which means that less money are available for buying goods. this will spill over to companies in the sense of less revenue. Tech stocks highly overpriced and are mean reverting = nasdaq100 goes lower.
Also we have the War which is still ongoing and FED have yet to hike rates.
over all, i see a downward trend. This is a bear market.
summarize: shorting all spikes. First level lower is 12000. (keep in mind that spikes are fast and painfull in a bear market, in the sense that we easily can get a spike of a couple of 100 point in short time on the day)
Is NVDA heading toward 162$?The past few weeks, the markets have been extremely volatile. Some are arguing we are in a bear marker, others still convinced on this being a correction.
Regardless your side on that, NVDA is in a clear descending triangle, which is text book bearish, and you can argue almost every tech stock including qqq and spy have formed a major head and shoulders topping pattern.
The sentiment is very bearish right now and today we closed in bear market territory(down 20% from the high). We also closed the day, on multiple tech stocks including the etfs, with a death cross on the daily.
Textbook profit target based on the base of the triangle would be about a 50$ move to 162$. There are multiple stocks forming this pattern and I will upload some of them after this.
NAS Weekly ForecastSweet Dreams Traders, this weekly forecast i can see the market to continue bearish until it breaks a Lower High. Which it hasn't on the weekly and daily timeframes yet.On the 1hr showed a little manipulation move, where it did break a lower high but then rejected back to the downside. Im expecting this week for bearish setups to the weekly's low which is 13024.4. Have a great trading week and comment down your thoughts.
HOLD BEAR UNTIL BE DRAGONCHECK MY POST BEFORE
Attention, My signal is not 100% right, So Dwyor and use your analysis before you join me.
Why i think $BEAR will be DRAGON? Because of this :
1. Bitcoin still downtrend
2. much badnews
3. BEAR breakout from resistance trendline
Happy profit 35% All from my entry
I still belive bear will be dragon
BITCOIN BTC-USD DEATHCROSS SIGNALS BEARS HAVE WON!Major sell off of bitcoin STILL LOOMING..I have also seen multiple death crosses on many other benchmarks. The feds and algorithms on our manipulated and rigged markets is trying really hard to rally and prop of all markets not just cryptocurrencies. These rallies will not hold in my opinion. The BEARS HAVE WON and i am seeing confirmed signals of a permanent bearish reversal that is leading to a possible recession globally. All other major worldwide benchmarks are being affected and suffering equally as well.
BITCOIN ACTS MORE LIKE A BENCHMARK THAN A HEDGE. IT SEEMS TO FOLLOW THE SIMILIAR BEHAVIOR IM READING ON OTHER BENCHMARK CHARTS. IT IS NOT A HEDGE ANYMORE AND MORE THAN LIKELY NEVER REALLY WAS. WE HAVE THE TULIP MANIA ALL OVER AGAIN. IT ACTS LIKE THE DOW, NASDAQ OR S&P.
Just my theoretical analysis of what i see. Take it with a grain of salt.
Thank You,
Cryptobuzzanalyst
Disclaimer
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this TA,(Technical Analysis) is for informational purposes only and do not constitute financial, investment, trading, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using or reading this technical analysis or site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this analysis.
What I can see playing out in the next few weeks DOWN TRENDAs we know we have been in a down trend. Ended the year and started new year with a bang and than literally a BANG!
First few weeks of the year had some people shook. It has been in a down trend since and continues down its channel pretty clean. not perfect
I think we need to fill that 400 gap before we see highs again.
With inflation, war and everything going on most of it is priced in but it could still get crazy.
I am not a finical advisor I'm just guessing this is what will happen.
The last few weeks has been very good (short side) Some people only play one side ( i my self at a time did as well and lost out big because of it! )
I don't think were in full fledge bear mode and not "crashing" yet atleast...
When spy is in the low 300s ill say ok we crashed! Anyways Safe trading people! Super volatile :)
WHEN THE BULL MARKET WILL START?Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as an
I higher timeframe USDT DOMINANCE has broken out this triangle pattern now we can expect a bounce up to 5.17% level so if it conforms this pattern then I will post some short call. I higher timeframe USDT DOMINANCE has broken out this triangle pattern now we can expect a bounce up to 5.17% level so if it conforms this pattern then I will post some short call.
so, let's see how the market reacts in a few hours
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
Bull Market Highs To Bear Market Lows Similarities This will be a quick simple analysis. When we go back and look at the previous bull runs highs and the bear market lows that follow, there seems to be a similarity in the percent that the market tends to correct. When looking at the chart you can see there's about an average 84% sell-off from new all-time highs. If this is the end of the bull market and we are in a slow sell-off to bear market lows, based on the history of bitcoin an 84% drop would bring bitcoin to the 12k zone. Times are different now for sure in the crypto market but this is just a quick analysis to think about. Do you think it'll happen? Your guess is as good as mine.
Love it or hate it, hit that thumbs up and share your thoughts below!
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
This is not financial advice. This is for educational purposes only.
Early signs of recession When the West were cheering Russian sanctions, seems that no one consulted them properly with people that have to make key economic decisions on regular basis like J Powell. For anyone interested I recommend this article www.zerohedge.com .
While current continuation into more established bear market might look like any other short term turn to risk off, the angle and consistency at which stock markets are dropping paired with information like above does suggest we are only at the beginning.
My next target for a short term bounce is around 12000, but if things go as some data suggests I would not be surprised to see us closer on IXIC to 10000.
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Decentraland $MANA Culmination Point$MANA has lost support of 100 EMA on Daily and is now testing 200 EMA. Clear rejection w/ 50 EMA on the 3-day chart.
Clear bearish continuation with $1.08 likely landing zone, 90% retracement from ATH to $0.62 is within range.
Metaverse projects are unlikely to be exempt from tightening monetary supply as risk-off institutional activity gains momentum.
BTC Bear Market Targets!Hey everyone,
Here are my BTC Bear Market Targets Target 1 is my most likely area of support and Target 2 is more of a black swan event support level. 14K is very possible and will be a golden buying opportunity for BTC.
I am currently leaning towards a bear market to come, I think there is a possibility we recover but the signs are telling me the worse is to come.
But it's no stress for me as I will be trading up and down throughout this market :)
US500, Sell the highs, Bear market It's rangebound. Sell the highs. Expecting it to test lows before it goes to 4400
Bitcoin to $30k?Bearish continuation with lower highs from relief rallies, whales selling with retail buying.
Slow play sell-off continued with MACD, OBV, & rejection below 200 EMA send strong signal.
Macroeconomic factors with Dollar continuing to gain in value, highest point since June 2020 & continuing upwards while inflation is spiraling beyond actions that the current Federal Reserve regime is willing/able to do. Oil now peaking to levels that were realized before the 2008 crash.
Overall, bearish sentiment appears to be firmly in place.
Continue to watch the markets for signals that would indicate reversal is on the horizon but that is not apparent right now.
Bitcoin targeting $15,000 after peaking in the next few months?I am about 90% convinced that the stock market will peak and so will bitcoin between now and APRIL/MAY then we see alt coins go crazy and then we will more than likely see the bear market confirm around AUG of this year in both stocks and crypto.
Lots of confluence and technical analysis pointing to this happening using the dot com bubble bursting fractal and also a previous fractal from bitcoins 2018 bear market. I believe SPY will be targeting 250 into the first quarter of 2023. I believe Bitcoin will be testing the 15K area by that time as well. We should have some time to prepare our portfolios over the next couple of months. I will be planning to add to my longer term SPY short once we get closer to 450s. I am being extremely selective with my long positions these days and I am also 110% hedging those positions. Now is the time to start making a plan if you do not already have one:
When is good time to buy ETH or Alcoins?Idea:
End of Bull market is the Bear market will be start.
And anytime when you buy BTC is safety than buy an altcoin.
But when will you buy an altcoin for get more profit than buy BTC and low risk?
Caculation:
- Base on BTC marketcap and altcoin marketcap.
- Index % = Altcoin MC/BTC MC * 100%
- When if:
+ Index% < 50 and going up: buy altcoin--> you can get x3 profit than BTC if in bull market.
+ Index >100: do not buy alcoin --> low profit than BTC and high risk , this time is end of bull market or bear market will be start
--> What do you think about it? Comment below :)) Good luck!