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Bearmarket

$BTC -Range Bound *12hr- CRYPTOCAP:BTC continues trading within a Tight Range of 2K, dancing tango with range's bottom and ceiling, until it doesn't. 40.000$+ per #Bitcoin is not as far fetched from here, all Bitcoin gots to do is break current range to the upside before resuming higher. Besides that, the awaiting Feds Rate Hike decision will impact direction of CRYPTOCAP:BTC and other Financial Market sectors. Breaking down from the range, upcoming supports are EMA200 catching up to 12Hr(tf), Demand Zone during impulsive price action in 1Hr(tf) + a small support trendline. If all these zones fail to provide support assuming a range breakdown headed South, watch for S/R zone 24K-25K to catch a decent bounce, welcoming great probability outcome Longing on Derivatives . Remain Patient ! Until the next confirmation TRADE SAFE *** Note that this is not Financial Advice . Please do your own research and consult your own Financial Advisor before partaking on any trading activity based solely on this Idea
BITMEX:XBT
by Mr_J__fx
BNBUSDT Potential Bear ActionPotential bearish scenario to this asset. Price action is suggesting a further drawdown to the 239USDT demand region as the actual pullback seems to be accomplished. The reciprocal AB=CD pattern projection is reinforcing this idea, as a Head and Shoulders pattern is likely in formation. Thus, on this hypothetical 30m scenario, the price can made a ranging interacting w/ the neckline. Chaikin Money Flow hidden divergence & below zero + Awesome oscillator twin peaks in formation + Fisher Transform bear crossing.
Short
by firmestudio
4
BTC - Double-top pattern formingThe price has been observed to form a double-top pattern accompanied by a significant bearish divergence on the weekly timeframe. However, it is essential to note that if the price surpasses the resistance zone, a potential upward movement toward 35k can be expected. Conversely, if the price breaches the support trendline, a decline to 23k is likely. Monitoring the fair value gaps below the current price levels is advisable, as they tend to be filled over time. Given the numerous indicators indicating a substantial bearish move, it is anticipated that a bearish outcome will occur soon. Moreover, it is worth noting that the bear-market probability index is currently very high, indicating an inevitable occurrence of a significant bearish move.
Short
by MBM_Crypto
31
USDJPY SHORT SIGNAL(CONTINUATION)As price was trading down a pullback was experienced after a strong BOS at price level 138.400 and 139.100,the initial pullback leg created sell-side liquidity(THE X LINE) when it failed to continue with a rally to the upside and then went on to fail to break it with two successive legs after liquidity was created .A trend line was drawn under the third leg that went on to try to break the sell-side liquidity which failed to break it and created a wick-based bearish order block on top of the sell-side liquidity spot signaling a continuation to the downside. 1.PRICE BROKE THE TRENDLINE AFTER THE BEARISH ORDER BLOCK AND WENT ON TO MITIGATE IT(MY ENTRY POINT FOR LAST WEEK) 2.As shown on the chart a few levels of support/resistance were outlined to predict future movement for entry point 2 AWAIT ENTRY SETUPS FOR BEARS ON LOWER TIMEFRAMES.
by jack_cheques
US100 SHORT SKILLING:NASDAQ As shown on the weekly timeframe price went on to take out our inducement zone and mitigate the weekly bearish order block with long and impulsive candles, this weekly analysis concludes that for the next coming months we can maintain a bearish sentiment unless willing to trade pullbacks which will be bullish. Price will be on an overall bear trend for the next coming 3-6 months if fundamentals are on our side, BUT PRICE IS EXPECTED TO PRDUCE A CHOCH ENTRY SETUP IN THE NEXT 4-8 WEEKS(expect updates anytime) 1.possible levels for pullbacks will be: 14550 / 13573 / 12898 / 11735,price will likely bounce of from these levels before becoming bearish again. From these levels we can await bullish setups on lower timeframes (3/5/15/30/45 min and the 4h ) 2.Proper bearish setups will start to form now on lower time frames Expect entry updates any time from now.
UShort
by jack_cheques
3
EUR/USD BEARISH PRICE ACTIONI'm expecting this pair to visit the green zone marked in the chart. I'm also expecting the pair to form DT there. there is also a possibility that the price start falling before reaching this zone( it's unlikely to happen, but expect the unexpected in financial market). So if you can add a sell position here, do it, other wise wait for a confirmation. Please ignore the target zones I marked on the chart( not yet conformed). Just focus on the sell zone for now. will update later. Have a safe trade! Fifi
Short
by FIFI_FX
Massive Bearish Signal - Expect a big move to the downside! The present circumstances clearly indicate that the closing price has descended below the 20-week simple moving average (WSMA), a historical signifier of notable bearish market trends. While it is acknowledged that the 20 WSMA is not an infallible indicator, observing its historical behavior reveals a consistent pattern of significant downward movements in price. Consequently, it is logical to anticipate a substantial downward shift based on this historical precedent. The bear market probability index is currently at an all-time high, which suggests that the ongoing rally could be considered the biggest bull trap ever witnessed in the history of Bitcoin. While relying on a solitary model is insufficient for drawing definitive conclusions, numerous indicators suggest a downward price trend in this case. The US interest rate has reached the same level as it was during the onset of the 2008 Financial Crisis market decline. This should be taken into consideration. Despite this, on Twitter, someone claims almost every other day that BTC will reach 100k soon. However, in my opinion, this is complete nonsense. Given the current state of the financial market, it's not ready for a sustained uptrend. Lastly, the market is experiencing a notable increase in fear, likely due to multiple factors simultaneously impacting the market. Based on historical precedent, it is reasonable to anticipate significant downward market movements should prior trends repeat themselves. With regards to DXY The current market analysis indicates a significant double-bottom reversal in the DXY index, with expectations of reaching a minimum index level of 105 soon. Moreover, should resistance zone 1 be surpassed, a subsequent movement towards resistance zone 3 is expected! It is crucial to note that if the DXY index maintains its upward momentum, it may exert considerable downward pressure on both the stock and cryptocurrency markets. Consequently, it is advisable to closely monitor the movements of the DXY index, particularly for those involved in stock or cryptocurrency investments.
Short
by MBM_Crypto
46