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Bearmarket

Bitcoin, Russel2000, Trends & Patterns. 15k zone retest coming?--First of all, I want to state that I am not a financial advisor. My thoughts do not constitute investment advice.-- So I believe that the Russel 2000 and bitcoin mostly move together. We can agree on that. It is very rare when the two exchange rates show divergence. But in the vast majority of cases, when the Russel 2000 price falls, the bitcoin price tends to follow. As you can see, the Russel 2000 exchange rate is taking pattern, the continuation of which is mostly not favorable for the exchange rate. If this happens in the near future, we can be almost certain that bitcoin will continue its downward path. I'd be happy if I wasn't right, because I'm also tired of the bear market. It seems very long. But we have to prepare for the case that this trend continues... --Some thoughts that can be stated as fact-- - on the weekly chart of bitcoin, the RSI ~53 level is key in determining the direction of the trends. Bearish trend below level 53. Bullish trend above level 53. - the price of russel2000, when it falls, the price of bitcoin used to follow it in the long term - the pattern emerging on russel2000's chart is not bullish - russel2000 is an index that includes the riskiest stocks and companies (just like bitcoin is a risk instrument) - technically, the bear trend has already broken - no bull market yet - The world economic situation is still hopeless (experts advise to calm down, but there is already a technical recession in several countries and inflation has started to increase) - The Russian-Ukrainian war that has been going on for years does not want to end yet All in all, things aren't looking too good yet. Now the only thing the market is clinging to is the SEC's decision on bitcoin ETFs. But I think the SEC is stalling as long as it can. Therefore, I do not expect a final decision on this matter before 2024. Finally, don't forget to share your thoughts with me, whether you agree or disagree. I am open to all points of view. Fortunately, we don't see everything the same way. This is how we encourage each other to learn and think. <3 If you are interested in how I predicted the bull trend reversal and bitcoin fall in 2021, then check out my 2021 analysis, here. If you are wondering how I predicted in 2022 that we will go down to the ~$18,000 range and then up to the ~30,000 dollar range, then look here. If you like my idea and share it with others, I am very grateful. And thank you. As you can see, at the moment I can imagine 2 directions. So my 100% bearish mood is starting to turn bullish. But I'm still cautious. And just like the market, I can't decide the direction 100%.
INDEX:BTCUSDShort
by XOX_XOX
Lower High, and probably a Lower Low.The market is showing signs of weakening. After the previous high didn't take out the highest high it made on January 22, the momentum started to weaken. The volume is going through a bearish cycle and the VIX is starting to show signs of waking up. The interest rates haven't receded and there are signs of an economy slowdown with upticks in the unemployment and the reduction of the inflation. The oil market went high, but along with oil production cuts, which means the oil cartels are trying to keep the prices high not by increasing demand, but by reducing supply. This means the economy is reaching the point where more oil is not needed, it's peaking its recovery cycle. All these ingredients signal we're reaching a level where the overall economy has peaked. It must slow down to allow the inflation to go down, and the so called soft landing would mean the unemployment would not be harsh while the Fed reaches its economic goals. However that is not a guarantee, let's remember we went through a flood of cash after the pandemic, which was what triggered the worst inflation in decades. Previous bubbles have been because of different reasons, too much debt to enter the raising market, too much interest in tulips, too much promissory e-commerce, the real estate bubble, ... and the story repeats itself, just with different actors. I would call this one the cash bubble, and it is far from over. Let's remember the printed bills are endorsed by faith, by the believe that they are worth something and the fact that the only one who can legally print them is the government. But they're worthless by themselves. They are not Money, they are tokens that represent money, the money is produced after the productivity of the economy, how many people are in the workforce, how productive the companies are, how efficient the distribution networks are, and the fact that there are transactions going on in the economy, but if there are more tokens (printed bills) than economic activity their value is reduced, and prices are higher (inflation), until the economy catches up with the amount of currency in the market. My forecast here is that if the Federal Reserve senses a slowdown in inflation, then they will start pivoting the interest rates, at which point they will keep them like that for a while to see how the overall economy reacts, trying to curve the inflation, while keeping the economy moving, until it reaches levels that show signs of stalling, like higher unemployment and reduction of GDP. A reduction of interest rates will start to make the institutional capitals to exit the market to bet on a big bearish market, and while the media will be ignoring these signs, the institutions will be dumping assets until it's so evident that the market panics. Once the market has been slaughtered, while a lot of chickens run headless on the street, and there are signs of capitulation, it'll be when the big institution will start accumulating assets at a discount and with a lower interest rate, just like it has always happened before, and the cycle will repeat. This time, pretty much like the way it happened on 2009 and 2020, with a large amount of cash to be allocated in financial assets. "Patterns repeat because human nature hasn't changed for thousands of years." ~ Jesse Livermore. “The investor who says, 'This time is different,' when in fact it's virtually a repeat of an earlier situation, has uttered among the four most costly words in the annals of investing.” ~ John Templeton. "Buy when there's blood in the streets, even if the blood is your own." ~Baron Rothschild.
AMEX:SPYShort
by Madrid
The End of a Bear Market : Structural Breaks 📉📈🐻 Bear Market Recap: A bear market is marked by a prolonged period of declining prices and pessimistic sentiment. It can be challenging for investors, but it also sets the stage for a potential turnaround. 📉 Structural Breaks: One of the key signs that a bear market might be ending is the emergence of structural breaks on the price chart. These breaks could include a series of higher highs and higher lows, indicating a shift in market sentiment. 🚀 The Bullish Catalyst: Structural breaks are often accompanied by increased buying interest, a resurgence of optimism, and a more positive outlook for the asset in question. 🔍 The Importance of Retesting: After witnessing structural breaks, it's common to see a retest of old highs or key resistance levels. This retest serves as a critical validation of the new bullish sentiment. If the asset successfully retests and holds above these levels, it could be a sign that a new bull market is underway. 🔮 The Future Unfolds: While recognizing the signs of a potential market shift is valuable, always approach it with caution. Markets are complex, and not all structural breaks lead to sustained bull markets. In conclusion, identifying the end of a bear market and the start of a new bullish phase involves recognizing structural breaks on the chart and understanding the significance of retesting old highs. It's a critical juncture in market dynamics and can present exciting opportunities for investors. Stay vigilant, stay analytical, and remember – the transition from bear to bull is a moment of transformation and potential growth! 📊🚀 ❗See related ideas below❗ Follow + Like this post and share your insights in the comments; your engagement fuels the creation of valuable content! 💚💚💚
INDEX:BTCUSDLong
by Yaroslav_Krasko
4
EURUSD Bearish Outlook Still IntactFundamental: No high impact news release coming out in the next 20hrs for The Euro And The USD. Investors staying hopeful on the United States Dollar after Jerome Powell's speech last week at the Jackson Hole Symposium. Further, increases interest rate for the euro might be bad for businesses at the moment due to inflation.... maybe Technical: Mild resistance around 1.0824 but should hold long as 15 mins 200 EMA should act as a strong support for buyers. I'll be looking the resistance around 1.0852. The 1 hrs 200 EMA also stays as resistance at this point. The Dollar Index (DXY) should also rise and break above 104.44.
Short
by Forex_Sentralytic
BTC ---> 2 ScenariosI'm going to relate this post to my previous one. This idea gives actual technical price levels to watch out for. To sum up , the blue channel's current breakout implies a slow retest. It aligns with the inflation rate reading announcement on the 13th of September. Therefore: I'm bullish until the date of the reading I expect high altcoin volatility (price increases are more likely) due to the temporary stagnation of major cryptos Red scenario seems more likely at the moment Do comment your opinion!
CRYPTO:BTCUSD
by Sanzhar_m
2
$ES_F Long, possible dead cat bounce?The market has transitioned back into a more mean-rev phase so I dont expect bull rallies to survive for long. Also shorts are likely to be more profitable since trend following indi's have printed bearish. But use this long to capitalize on a dead cat bounce that could happen. Im not sure that it'll go up to close the gap at 4590. Trades: Trade 1 Long 4400, sl 4370, tp 4460, 4470 (close). moderate conviction. im more confident of getting initial negative returns upon entry given the lack of bull divs and exhaustion from indis. but i do have a higher conviction of hitting the tp targets. ~4420 is another bull entry but expect wicks to 4400. Trade 2 Short 4465, sl 4500, tp 4370, 4300, 4200 low conviction, has a high likelihood of getting stopped out. wouldn't recommend it unless there's a severe bear reaction with some volume, which you'd should market in. but place a tight sl. Trade 3 short 4545, sl 4620, tp 4470, 4370. moderate/high conviction, assuming the short term bear trend is intact. this trade expects negative returns once entered but covers the case of the gap being covered.
CME_MINI:ES1!Long
by linebands
BITCOIN - NO BULL RUN TILL MARCH 2024This Bitcoin chart right here is a monthly timeframe chart. We all have been expecting this bear market to be over but it keeps deceiving us. Here is a clue on what to expect in the coming month. Based on 2017 bear cycle that lasted for 27 months (821 days) as displayed on the chart, we see the current 2021 bear market following the same trend. We have four phases here and the number of months each lasted for The All Time High - All Time Low (12 Months) The Bull Trap (6 Months) Accumulation Phase (9 Months) And finally the; All Time Low to All Time High (13 Months) Comparing the two bear market together, we have completed the first two phases and we are in the accumulation phase. Therefore, we have till February 2024 to accumulate our favorite gems before a bull run will kickstart. Not a financial advice🙅🏼‍♂️ Share your opinion in the comment section✍️ Please support this idea with a LIKE👍 if you find it useful🥳 Happy Trading💰🥳🤗
BITSTAMP:BTCUSDShort
by PetrockFxTrading
8
Nasdaq bear market?After hitting all of our take profits we are looking for the next trade set up. We broke the daily support that dates back to March and there isn't any current major support that we are close to. This along with the bearish divergence and rejection around the .886 retracement inclines me to think that we have now began a major leg down that could bring us back to 12-13 k. However, for that to happen we need continuation patterns and much more data. I think the price will float around here and we'll be able to assess the market better in the next days/week, so that we can action another trade. Long or short.
EIGHTCAP:NDQ100
by SynergyTradingSetups
USDT Dominance Showing Signs of Continued StrengthPerhaps one of the most underrated market indicators, USDT.D is showing classic signs of accumulation and remains in a well established uptrend dating back to 2018. The ascending triangle pattern suggests another market move is on the horizon. If this plays out to the upside for USDT.D then crypto market participants can expect volatility in the markets favoring traders with short positions established. To give this pattern a little added strength, the MACD histogram also shows signs of hidden bullish divergence on the oscillator. Of course, no one knows for certainty where this market (or any market) is heading in the near future, however, with indications like this one, witnessing a negative move downward in crypto prices would not come as a surprise.
CRYPTOCAP:USDT.D
by SweatyEder
Current Pull-Back: A Perspective Using NASDAQ 100 WeeklyCME_MINI:NQ1! has had the sharpest pullback in last couple of weeks. The Semiconductor Industry NASDAQ:SOXX has been the largest driver in this selloffs. In this Trend Analysis, I tried to draw a perspective as to how deep this pullback could be given Support and Resistance areas that stood the test of time in recent years. I used Weekly chart to gain a broader perspective of where the index will end up in coming months. It is easy to establish that the TOP of the Current Rally (~16,100), i.e., the Resistance has been determined by the Start of the Recent Bear Market in 2022. Which technically started with the collapse of the Post Pandemic Rally in early January, 2022. This is the most important Control Level that the current market needs to break for a further rally in the future. The Bear Market in 2022 was strictly bound by the Wedge Resistance as we can see. The same phenomenon can also be shown by simply drawing an Anchored VWAP from the All Time High. Throughout the course of the Bear Trend CME_MINI:NQ1! could not break above the AVWAP. After the market established a bottom between October and December of 2022, it finally broke above the Wedge in the last week of January, 2023. We can call this the beginning of the current Bull Market. NASDAQ eventually broke the AVWAP in the last week of March 2023 to further confirm the Bull Trend. The AVWAP has worked as a Support Level since then until the market boosted up in May. Now coming back to the Current Pull-back, It is not hard to identify that there is a possible Support Area at the bottom of the range (~14,775) which the Current Bull Trend has established. If this Support Level is held then the projected size of the pullback from the top will be approximately 8.0 %. Current price action has confirmed a breach of the Short Term EMA cloud in the Weekly chart. In the Daily chart it came down below the 50 day Moving Average which indicates Short Term bearish tendency. If CME_MINI:NQ1! doesn't take support at the Range Bottom, then we could think of the Long Term EMA cloud as secondary Support Area. The next Support Area could be the AVWAP from ATH. For now, there is no reason to believe that there will be a lingering pull-back in the market going forward to start another Bear Market. Our best "hope" is that the market will take support and continue the Bull Trend in coming months. Please note that historically, in Pre-election years, August and September had been the most bearish months. This write-up is solely based on Technical and Trend Analysis to figure out the best case scenario. Thanks for Reading!
CME_MINI:NQ1!Long
by Trading-Economist
6
AUDUSD,Bearish trend,Head and ShoulderGood afternoon, I hope everyone had a succesful trading week and week in their daily lives. Here is a pre market forecast for AUDUSD this upcoming trading week. Last week, AUDUSD was bearish for the most of last week. Toward the end of the week it began a retracement process. Price broke the daily supply/demand area @0.65944. Price is projected to continue bearish momentum to the next 4hr supply/demand area @0.65464. If price rejects this area, look for the head and shoulder formation to form to confirm this projection. If there are any questions, comments, concerns, or you may have a similar analysis to mine please do not hesitate to share, comment, and boost this post.
Short
by NoPumpFakesFx
NIFTY INTRADAY LEVELS FOR 04/08/2023BUY ABOVE - 19420 SL - 19380 TARGETS - 19470,19520,19560 SELL BELOW - 19350 SL - 19380 TARGETS - 19300,19230,19160 Previous Day High - 19537 Previous Day Low - 19296 I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both. Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:NIFTY
by Jagadheesh_JP
10