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Bearmarket

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.
SKILLING:US100Short
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
BNBUSDT Inexorable drop about to happenInexorable drop event expect while a Bump & Run formation is popping. The correlation on price action and time, as the precedent drop correspondent w/ the Chaikin Money Flow divergence, is so much reliable to me. Price on 1h chart just formed a hidden bearish divergence on CMF in conjunction w/ Awesome bear divergence. Fisher transform is beautifully suggesting direction Whales like to sell retailers confidence. Retest to the neckline accomplished.
Short
by firmestudio
1
Crypto capitulation eventThis is the capitulation event for crypto that I was waiting for. My previous Bitcoin idea and target are still valid, anyone long right now is going to get wiped out by the crash of Binance coin. I’m currently short. I also shorted Bitcoin and sold most of my alts here. If wrong then I will buy back higher on bullish structures. Even with the massive pump Bitcoin had here, Binance coin wasn’t able to invalidate the bearish structure. Absolutely terrible performance. Binance is still being sued, BNB is being artificially pumped by “someone’s” creative syphoning of client money. “Allegedly”. This pump was extremely profitable for me on my alts, an absolute lifesaver of a hedge. Sold most, will use profits to buy lower.
BINANCE:BNBUSDShort
by JaimeDeRothschild
AUDNZD Is Finishing A Corrective RallyAUDNZD pair made an impulsive sell-off at the end of 2022 on a daily chart, which we see it as a wave (A). Since then, we can see it trading in a larger A-B-C corrective rally within wave (B) that can be now approaching important February highs resistance, from where we should be aware of another sell-off for a higher degree wave (C). Basic Elliott wave pattern with an impulsive five-wave 1-2-3-4-5 decline, followed by a three-wave A-B-C correction indicates for more weakness.
Short
by ew-forecast