SOLANA still holds… what if it doesn’t?12.80 support zone had been bullish dip 3 times !!
11.55 just once.
If it’s still holds the bulls should be able to accumulate and then recover hard non-stop until bullish breaks out.
If that ever happens then y’all better buy and hold.
If the holds never happens then we are going down to the beginning of the year low since solana had been released and started down to 2-3$ area.
In my opinion is .. only if still holds and bulls are playing well then we are up and up non-stop. Again if holds are getting weak then we are making and create a new low for 2023.
Bearorbull
SPX (1D) 4300 or 3900 next?SPX has had a weak few days fast week, we've had some good quarter reports but is it really enough to hold us up at current levels? I think not, and heres why.
P/S versus subsequent returns is far far away from reality, Forward P/E is trying to go to mars, S&P % of Members Above 200D MA is peaking ATH, Margin debt for accounts at brokers/dealers are at extreme ATHs (Margin Calls can occur), We're seeing hints of inflation, Commodities is reaching for the moon, (Lumber, Corn, Soybeans, Copper etc.) Buffet-Indicator: US MKT CAP / US GDP is peaking extreme ATHs, nearly no AAII Bears, Please let me know if I missed anything.
Markets can of course keep driving up the road but please have what is said above in mind.
I am not saying It is gonna crash but its definitely looking like a 2009 overshoot + some.
BTC-USDT *Little analysis based on major trend-lines/FIBS*Hello there!
I am uncertain of BTCs exact movement, but I am more-so have a bull-ish standpoint!🐮😃
💲On another chart I have published, we have seen a bull-ish break-UP into a more stable zone on Gann-Fan indicator.
💲We have seen support gained at ~50,533.. which makes me believe BTC is going to try to hit back to around the 63-64k area, where it would be wise to then analyze it's behavior again.
💲If this turns bearish 🐻 I am looking for BTC to touch ~42,990 where we will be watching to see if it breaks below that current support zone👀.
💲BTC is very volatile and everything that is going on with the global pandemic, amongst other things, could make for a very dangerous market.
💲BTC is due for a PI cycle correction (meaning we would expect downward movement,) however, the market does what the market wants!!!
I really hope you found this idea any bit useful, and I will continue to monitor BTC's activity as has maintained above 50% dominance in the market despite altcoins making their run 🏃♂️🆙. I am hopeful we can continue a bullish market going into this new week!!
Would love to know what YOU think about BTC-USDT, and it's next move...
🐻 or 🐮 and why❓😄
🛑🛑🛑This is not financial advice, always have a stop🤚🛑💲 loss set🛑🛑🛑
Thank you so much!!
Any thoughts 💭🤔, questions🙋♀️🙋♂️❓, like👍, dislike👎, happy😃 or sad😥, always welcome in the comments below, thank you!
Jazerbay