Get started

Bearmarketrally

Bitcoin's Resilience Amidst Bear Market: A Technical Outlook 📊"DISCLAIMER!! This is a 'worst-case' scenario/theory which is still bullish. Bitcoin also has a "monthly bearish-divergence on monthly, which would be the first time this has printed on the Bitcoin: INDEX chart. Also there are other variables such as black-swans/wars, CME-GAP, Declining volume on this whole 'rally' up. Also the first time Bitcoin has made a new all-time-high before a halving.(Blackrock-manipulation(prolonging bear-market-rally) "" "My current theoretical analysis suggests Bitcoin is testing a breakout from the cyclical triangle pattern observed in the last market cycle. If confirmed, this could signal the end of the bear market. There are speculations that BlackRock may have engaged in strategic market activities, potentially inflating Bitcoin's value to create a bullish sentiment during a bear market rally. This orchestrated optimism is believed to have sustained the price levels." Revisiting Triangular Patterns: A Classic Continuation? 🔺✨ Bitcoin's recent price actions suggest a retest of the structural integrity within a macro triangular pattern. Despite the bearish sentiments, the chart displays a potential 'higher low,' indicating an underlying strength. This scenario, if supported by volume and market participation, could signal the tapering off of the bear market. Black Swan Events and Market Dynamics 🦢🔄 The term 'Black swans' references unforeseen events with substantial market impact. The chart alludes to such events as pivotal in Bitcoin's trajectory, though it's critical to recognize that market manipulation allegations like those suggested against Black Rock require substantial evidence and are beyond technical analysis purview. Bullish Sentiments and Market Manipulation Claims 📈⚖️ While the narrative of market manipulation can influence short-term price movements, long-term trends in Bitcoin have shown resilience to such factors. The claim that bullish sentiments have artificially sustained prices is challenging to substantiate without concrete data. Higher-Low: The Bullish Bastion ⬆️🛡️ The chart points to a 'higher-low' formation, a classic bullish signal. This pattern reflects buyers stepping in at higher price levels than previous lows, suggesting an upward momentum. Bear Market Exit: A Technically Supported Theory? 🐻🔚 The conclusion that Bitcoin is testing the last cycle's triangle apex could be indicative of a bear market conclusion. However, this would need validation through other indicators like moving averages, RSI, and MACD, beyond the scope of the current visual data. Takeaway: Analyzing the Apex 🎯📝 Bitcoin's endurance of a macro 'higher-low' amidst a bearish cycle suggests optimism. However, reliance on a single pattern or market rumors for prediction is precarious. A holistic technical analysis, incorporating diverse indicators and market sentiment, provides a more robust framework for future price movement speculation. Conclusion: Informed Caution Is Key 🔍🔑 While the theory presents an optimistic case for Bitcoin, prudent investors should seek confirmation through a broad technical lens, mindful of market volatility and the speculative nature of cryptocurrencies. 📈 Please note: This analysis does not constitute financial advice and is for informational purposes only. Always conduct thorough research or consult a financial advisor before making investment decisions.
INDEX:BTCUSD
by Shibunacci
Many ominous signs are showing up on Bitcoin’s chartIn the previous article about Bitcoin, we discussed how there was no significant uptick in the number of Bitcoin addresses with large balances (particularly among wallets exceeding 100 BTC and 1,000 BTC), suggesting big speculators might not be interested in buying the dip this time. Nevertheless, despite a further drop in the price (since the last article), the number of Bitcoin addresses with balances exceeding 100 BTC fell almost to the level that preceded the rally’s start in mid-October 2023, which is odd considering how the Bitcoin Spot ETF’s approval was expected (by many, but not us) to cause massive money flow into the biggest cryptocurrency by market cap. Yet, here we are after the approval, and Bitcoin is trading down about 16% from its highs earlier this month. While this does not necessarily mean Bitcoin can not continue higher, it is definitely a cause for concern. Consequently, we are paying close attention to the 20-day and 50-day SMAs, which are likely to perform a bearish crossover in the following days. In addition to that, we are observing technical indicators like MACD, Stochastic, and RSI on a daily time frame, where they continue to develop bearish structures; on the weekly time frame, these indicators show signs of exhaustion and are starting to move flat (not particularly bullish). On top of these developments, Bitcoin tests the bounds of the upward-sloping channels shown in the previous ideas. With the breakout below the lower bound of the upper channel, our mechanism for setting the price target became triggered. As a result, we are back in the market, and our price target is $39,000 (we will reassess the situation on the go and set a new price target once the current one is reached or stopped out). Illustration 1.01 Illustration 1.01 portrays the daily graph of BTCUSD and two simple moving averages. The yellow arrow highlights an impending bearish crossover between these two averages; if successful, a crossover will slightly bolster a bearish case going forward. Illustration 1.02 In the previous article, we outlined how MACD was approaching the midpoint on the daily graph, raising the odds of a bearish crossover through it. Shortly after our warning, MACD broke into the bearish area. Technical analysis gauge Daily time frame = Neutral (turning increasingly bearish) Weekly time frame = Neutral *The gauge does not necessarily indicate where the market will head. Instead, it reflects the constellation of multiple indicators. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor or any other entity. Your own due diligence is highly advised before entering a trade.
BITSTAMP:BTCUSDShort
by Tradersweekly
18
$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
BTC volume profile orderblocks On the left side of the chart we have areas of significant volume that pose as problems or areas of potential congestion for BTC as it climbs back up towards new highs. These areas are bearish orderblocks and we can generally expect price to react in a bearish manner off them. Once price gets above and consolidates it becomes new support. As shown by the green areas that we have reclaimed during this rally that started at the beginning of 2023. The POC (point of control) for both the bearish downturn of the previous year and the recent bullish rally are below the current price and that is encouraging. The VAH is acting as support for now, price needs to breakthrough the next bearish OB, once reaching 33K the volume profile shows there really isn't a lot stopping price climbing quickly towards 37.5K where the next VAH and huge bearish OB lay.
INDEX:BTCUSD
by ProR35
$BTC and its bear market rally.It's a bear market rally. But first, where are we in CRYPTOCAP:BTC 's wave cycles? Cycle wave V underway, cycle wave IV completed. With these wave counts, we can validate that we have already seen the bottom. Rejoice! Looking deeper into its primary wave counts and its fractals.. Ongoing: Primary wave ① > Intermediate wave (4) > Minor wave ⓑ I slant towards these wave counts as I see strong and clear counter-trending wave movements. Counter-trending waves tend to fluctuate (violent moves) and can play out in deep triangles. But we are also yet to see clear structure forming. In the coming days and weeks zig-zags, double-threes or even triple-threes formations can play out. In the meantime, I see testing $30k as a good probability. For now though, a clear signal that the bottom for counter-trend wave (4) structure would be a break of FWB:27K support. While I'm really looking forward to its completion, I dread the news that will bring us there. >.<
BITSTAMP:BTCUSD
by googooboyy
BTC - Head & Shoulders pattern forming! Upon observation of the price chart, it appears that a head and shoulders formation has materialized, indicating the potential for a downward move if the neckline is breached. The neckline is currently positioned at 29.8k, and it is prudent to monitor this level closely in the event of a break below it, which could trigger a move down to the support zone. (Update from the previous post!) ------------------------------------------- Recent Altcoin trades: ARB / USDT: 5% profit APE / USDT: 7% profit (Still going) DOGE / USDT: 2.3% profit XRP / USDT: 2.4% profit DOGE / USDT: 20% profit XRP / USDT: 9% profit SHIB / USDT: 3.4% profit ------------------------------------------- About our trades: Our success rate is notably high, with nine out of ten of our posted trade setups achieving at least their first target upon a breakout price breach. Our TradingView page serves as a testament to this claim, and we invite you to verify our results firsthand. ------------------------------------------- With regards to ALTs: When should you trade ALTs? Here's the level to watch: ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups. BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
Short
by MBM_Crypto
8
BTC - A very hard market to predict!Here's a quick look at the 8 hr BTC chart. As we can see, the price has been oscillating within the bigger broadening wedge. This kind of price action is tough to predict. The CPI data came in low at 6.0%, which pumped the whole market. With a series of lower lows and higher highs, the bulls and bears are getting rekt simultaneously! If the price stays within the broadening wedge, the next logical move would be to the downside! But you never know! Also, the fair value gaps will get filled at some point. Therefore we should expect a move to these levels at some point! ------------------------------------------- Key Dates to Watch in March: 15 Mar: PPI Data Release 21/22 Mar: FOMC Meeting 30 Mar: GDP Report ------------------------------------------- What's a Fair Value Gap?: A fair value gap is the difference between a financial instrument's theoretical value and market value, such as a derivative or security. It can indicate a misprizing opportunity for traders to profit by buying or selling at the misprized level. In other words, there is a gap in the price in which some open orders still need to be filled. The price will return to fill the orders. ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups. BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
by MBM_Crypto
17
EURUSD bagged and taggedAs mentioned before, so long as DXY has not reach the finishing line, which is the higher time frame upside objective, Risk Off will still be in play. Same narrative, different pair. What happens when DXY finally gets to the upside objective? We sit sideline and study what it wants to do next. There are only 3 possible direction of the market, Bullish / Bearish / Consolidation. Usually, in my opinion, after a prolonged rally / decline, price will tend to consolidate for a bit. After consolidation comes expansion. The question is, expansion to the upside or downside? Now, this short-term bullishness of USD as I previously stated, could be Bear Market Rally for USD. Mr Powell will likely hike rates again in the next Federal Fund Rate announcement. In theory, higher interest rate means bullish for currency. But look at US domestic debt condition. Will that spook investors? Housing and Banking looks about to get crushed. US Credit Card debt climbs nearly US$1 Trillion *source: Insider Intelligent* Household debt hits record US$16.9 Trillion *source: CNN Business* Housing Market Downturn Wipes $2.3 Trillion In Value As Experts Predict Prices Could Still Tumble Another 10% *source: Forbes* US Home-Purchase Applications Drop to 28-Year Low *source: Bloomberg*
by XeroAcademy
$SPY: Bear market rally toppedIt sure seems like this is about to drop, intraday data is very bearish here, daily can confirm a reversal tomorrow, and we had the classic moving average crossover normies look at to determine the trend, at the highest close! (50 period moving average crossed over the 200 period moving average). I suspect the brief period of upside swings in various names is coming to an end and cash will be King again. Optimism from advances in AI chatbots and China reopening its economy have caused a surge in optimism that I don't think is warranted based on fundamental analysis and technical analysis. Sentiment rebounded dramatically, and the next move likely is down. I had anticipated this climb, which you saw in my video post a while back, but I think that move is over now. Best of luck! Stay safe out there! Cheers, Ivan Labrie.
AMEX:SPYShort
by IvanLabrie
1
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
November Midterms + Bear Market Rally I believe we'll see a ferocious rally that will shock everyone and make everyone bullish again - but this will just be a bear market rally (this is my thinking unless we break below 800B) There is still a very good chance we continue down towards 500B MC and sit there for the next 12-18 months but I am not leaning too heavily on the short side at the moment. The democrats need something on their side, they don't have the market - everything comes down to whether they raise rates at the next meeting. 100bp points increase = market dump 75bp points increase = market dump 50bp points increase = market rally's hard Even the most bearish people agree we're due for a rally - even if it is a bear market rally - if we do get this rally it'll be the last one until we go into a long bear market/depression (this will be your last chance to exit your trades in crypto/equities)
CRYPTOCAP:TOTALLong
by InvestingIdeas9
MA: End of bearmarket rally?!Mastercard Intraday - We look to Sell a break of 338.10 (stop at 362.71) The primary trend remains bearish. Trading within the Wedge formation. A move higher faces tough resistance and we remain cautious on upside potential. Further downside is expected. A clear break of 338.10 and we would look for further gains to 276.50. Our profit targets will be 276.50 and 260.00 Resistance: 343.00 / 380.00 / 420.00 Support: 280.00 / 230.00 / 160.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NYSE:MAShort
by VantageMarkets
BRK.B: Resistance cluster ahead!Berkshire Hathaway B Intraday - We look to Sell at 311.03 (stop at 321.83) Sentiment remains negative despite the pull-back higher in prices. Resistance is located at 311.00 and should cap gains to this area. Resistance could prove difficult to breakdown. Preferred trade is to sell into rallies. Our profit targets will be 283.95 and 270.00 Resistance: 311.00 / 340.00 / 360.00 Support: 280.00 / 260.00 / 240.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NYSE:BRK.BShort
by VantageMarkets
SP500 CASH - Another Bear market Rally??SP:SPX is in the process of another Bear market rally after yesterdays CPI data gave us one of the biggest one day rallies of all time. But if we look at the previous rally with time and price that gives us an upside target area of between 4150-4200 for around early December. If we get there earlier and go through 4200 then a major low could be in and we head to new ATHs again. The FED is in there again giving us the higher interest rate story but helping the market at the same time. This is also a seasonly bullish time for the market so it will be an interesting few weeks going into the end of the year. I hope this helps.. Enjoy the day.
TVC:SPXLong
by L_F
RCUS:Bullish continuation!Arcus Biosciences Short Term - We look to Buy at 27.75 (stop at 25.94) Daily signals are bullish. A weaker opening is expected to challenge bullish resolve. Prices expected to stall near trend line support. Dip buying offers good risk/reward. Further upside is expected although we prefer to buy into dips close to the 27.00 level. Our profit targets will be 32.77 and 34.00 Resistance: 32.80 / 40.00 / 47.00 Support: 27.00 / 17.50 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NYSE:RCUSLong
by VantageMarkets
Bitcoin Bullish or BearishMany people want to trade BTC, claiming that it's headed to 10k or that a relief rally to 30k will come. There is no edge, no implied strength, and even not that much weakness, a trade in either direction with a stop loss will probably get wiped out. However, if one was to look at the chart there are a few things that are evident: - Bullish divergence developing after a failed breakdown and bearish divergence that played out in a very weak manner. - Three consecutive marginal lower lows holding support again implying accumulation and seller exhaustion. - And lastly the breaking of a downward-sloping trendline that has acted as resistance on 5 different occasions. During a normal market, I would be longing and would be extremely bullish. However, this is not a normal market and during a bear market, the chances of this playing out are extremely low. The next few days will be to see if the trendline break is key. Stay posted as I WILL UPDATE AND TAKE A TRADE IN THE NEXT FEW DAYS.
COINBASE:BTCUSD
by SynergyTradingSetups
2