-$18k - $16k is most important zone to watch out for next few weeks. -If Bitcoin manages to hold this 18k-16k then expect midterm uptrend to $30k-$35k before heading down to final capitulation target $9k. -If bitcoin fails to hold above $16k on 3 days chart then be ready for the final capitulation to $9k before any healthy recovery.
U.S. stock markets opened sharply lower on Thursday after a new 40-year record high for U.S. inflation stoked fears that the Federal Reserve will have to raise interest rates repeatedly this year. Earlier, official statistics showed the consumer price index rose 0.6% on the month and 7.5% on the year, its highest since 1982. The rise in prices was broad-based,...
Hi Everyone, As I said in my Market Review Week 20. Short in the Bund 10Y after the break of the bullish guideline. Entry= 153.832 Stop= 158.000 T.P.1= 150.000 (RISK/REWARD: 2%/1.42%) T.P.2= 145.000 (RISK/REWARD: 2%/2.61%). Good Bye and Good Trading!!!
Fortune Favors the Brave - Yet another sign that a mania is mature. Hyperbole is a useful word to know. Meaning, “ exaggerated statements or claims not meant to be taken literally, ” an example would be something like, “ That cat is the size of an elephant!. ” Hyperbole is used when we want to emphasize a point, mainly because of our conviction and belief...
Remember, my goal is to stay in the game. The people who got wiped out by the crashes tended to be people who never took anything off the table, who never felt greedy, who got slaughtered by their own piggishness. Have you taken your profit? Have you booked anything? Or are you being a pig? Because you never know when things you own are going to crash. You never...
Short-term rally was short lived and I think we should brace ourselves for some downside pressure. Numerous amount of signals for multiple short positions.
BINANCE:BTCUSDTPERP $BTC on this season still on consolidation way at range between $28500 - $30500, but $BTC now showing to us the descending triangle which is that is signal on TF 1h and 4hour for bearish market still on going maybe $BTC will retest to level between $24000-$23000. Please DYOR before make your decission because this is just my speculation.
WMT is showing a down trend that appears to continue tomorrow and possibly later. I would expect it to flirt with $119.55 tomorrow. If it goes below that price It could go as low as it was in 07/2020. This is not financial advice. I will be looking at more puts for day trades on WMT using the flawless day trading strategy. This is chess not checkers so I will...
Bearish divergence on 15M Ehlers Stochastic CG. Supply. Overbought. Right shoulder to accomplish. Head and shoulder pattern in formation. Peak of a bearish flag.
Was this a back test or is there more downside? Looks pretty clean to me.
In this overview, Litecoin it's in the bear market and we see that this cryptocurrency it's leading to the previosuly minimum historical price on 2020 and part of them see on 2018 and 2019. So, in this weekly timeframe, Litecoin forming a bearish descending triangle and retest of this chartist pattern indicating a bearish trend. And now, in the monthly...
U.S. stock markets opened sharply lower on Thursday after a new 40-year record high for U.S. inflation stoked fears that the Federal Reserve will have to raise interest rates repeatedly this year. Earlier, official statistics showed the consumer price index rose 0.6% on the month and 7.5% on the year, its highest since 1982. The rise in prices was broad-based,...
Not sayin this is going there, but it could snap off just like that. Breaking the support TL is a BearMarketSignal IMO. Trade with care, or stay in cash. 'Finishing move' could be Initiation Impulse... BottomFishing can kill you... sucks to be Wrong! GLTA!
I've been watching the market very closely the past couple of months and this does not look good. What I see is a bear pennant that just broke down. BTC has already had a monthly MacD cross down, broken this bear pennant, and is about to have a bearish 4hr 50/200SMA death cross. All bad news to me. If this does play out with a 50% correction, just imagine what...
Bitcoin price broke 38K level with a massive bearish bias down trend, this put BTC in a critical point as it's placed below most of reliable moving avergaes, previous demand areas, pivot points as well as no REAL support is on the way till 30K, with the fear and fud spreading, considering the fact that bitcoin investors or crypto in general are no longer limited...
Rejected on weekly RSI support so far. This doesn't mean bitcoin can't range for a while, but this is a strong indication more time is needed to continue moving up.
In this video: * Further review of the current broader market price action and potential rollover * How this data correlates with crypto and how it could give crypto some time to stay afloat or even de-couple from the broader markets * Time frame of market rollover * Is the DOW forming a Head and Shoulders pattern? * A look at Bitcoin and Ethereum price action...