BTCUSDT Key levels to SHORTSimple price action analysis based on Fibonacci Retracement and Ehler's Even Better Synewave oscillator. Bear continues and money is easy.
Beartrend
ADAUSDT is in a bear condition to a short day tradeADAUSDT is in a bear condition to a short day trade. Analysis based on Fibonacci retracement fundamentals for the price action lecture and Ehler's Fisher Transform oscillator.
BRITISH POUND- Bears are in controlHello everyone.
The triangle formation on GBPUSD is broken and as predicted,the price have felled( lower than I Expected).Now, I believe the price will hit the support level of 1.275$ ,then we may have couple of days of range in the market( a final bear flag pattern maybe)and another fall to lower level by the end of the month. I mean we have the perspective, structure and context of a bear market ,So why not.
Unless we have some good news from the government.
Our next support level is 1.275$ on daily and resistance level is 1.289$
SPPP-SPROTT PHYSICAL PALLADIUM AND PLATINUM PROFITSI made good profits with this in a short time swing trading this etf. I loved it. Why mess with bitcoin crypto or even gold when I can make money with this.. Anyway. Now its in a bear trend and looking to get back into this etf if it shows some promise. As you know the prices for Palladium and Platinum have skyrockted and have done even better than gold . Catalytic convertors are being stolen from cars at record numbers everywhere thorugh out the nation. Watch this video for details. Give me a thumbs up and feel free to subscribe to show support for my TA videos.
Disclaimer
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this TA,(Technical Analysis) are for informational and educational purposes only and do not constitute financial, investment, trading, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using or reading this technical analysis or site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this analysis, or post.
SPX-S&P 500 CRIES FOR HELP AND STILL IN PAIN!No evidence of a market correction on the SPX. Further indicating that tech stocks will still continue to feel the pain and the 401k Portfolios invested in tech general stocks will still be hurting. I am in commodities for the time being since Jan 1st and that has been very profitable for almost 3 months now. But that is starting to change too and I have already sold some of my oil positions which did great. I also sold my Gold and Silver and will be buying them back when it gets cheaper.
For now this is a reminder that after interest rate hikes from the FEDS we are still in BEAR TERRITORY and I believe we will remain in bear territory for a while.
PS: Disclaimer
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this TA,(Technical Analysis) are for informational purposes only and do not constitute financial, investment, trading, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using or reading this technical analysis or site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this analysis, post or newsletter.
BITCOIN BTC-USD DEATHCROSS SIGNALS BEARS HAVE WON!Major sell off of bitcoin STILL LOOMING..I have also seen multiple death crosses on many other benchmarks. The feds and algorithms on our manipulated and rigged markets is trying really hard to rally and prop of all markets not just cryptocurrencies. These rallies will not hold in my opinion. The BEARS HAVE WON and i am seeing confirmed signals of a permanent bearish reversal that is leading to a possible recession globally. All other major worldwide benchmarks are being affected and suffering equally as well.
BITCOIN ACTS MORE LIKE A BENCHMARK THAN A HEDGE. IT SEEMS TO FOLLOW THE SIMILIAR BEHAVIOR IM READING ON OTHER BENCHMARK CHARTS. IT IS NOT A HEDGE ANYMORE AND MORE THAN LIKELY NEVER REALLY WAS. WE HAVE THE TULIP MANIA ALL OVER AGAIN. IT ACTS LIKE THE DOW, NASDAQ OR S&P.
Just my theoretical analysis of what i see. Take it with a grain of salt.
Thank You,
Cryptobuzzanalyst
Disclaimer
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this TA,(Technical Analysis) is for informational purposes only and do not constitute financial, investment, trading, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using or reading this technical analysis or site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this analysis.
BTCUSDT scalping Volume Weighted MA + AB=CD pattern projectionScalping Volume Weighted MA + AB=CD pattern projection. Self-explanatory. For educational use only.
Bearish Gartley Entry on GoldWe are likely to see and ABCD move downwards from here as we have been showing some fairly bearish price action near the PCZ of a Bearish Gartley and are in a Bearish Trend.
BEARS ARE READY TO DIG IN NIFTYIt is a misunderstanding that TA is not worthy for trading.
But TA is the only tool available for traders who makes huge profits without any FEAR or HEDGING.(Multiple combination of Calls&Puts)
My chart showing that the recovery in NIFTY (wave 'XX'/B) is nearing its completion on 05/01/2022.(as per NEO wave TIME cycle).
Bearish TL connecting wave ''B'' and wave ''X'' will give a greater resistence to NIFTY .
PUT writers think that new Bull wave started in 2022, but the story is different . As I believe NEO wave analysis strongly, I bet that NIFTY will not make a NEW WAVE rather it will start its bearish trend from 05/01/2022
REMEMBER next is wave ''C'' to resume , Which is a Classic 5 legged Elliott Wave pattern with more price movements ,good for OPTION BUYERS
First target of wave''C'' is 16470 (62% OF WAVE ''A'')
B SELVAM,BE,MBA
OPTION BUYER & COACH
BTC/USDT Touched 0.38 Fib Level On Weekly Timeframe Bear Trend Continues in BTCUSDT ,
Touched 0.38 Fib Level , Failed to Cross 0.38 Fib-Level .
Next Support is 40k , 35k, 30k and 28.8k .
Ethereum confirms the bear trendBITFINEX:ETHUSD Ethereum finally went full on bearish trend yesterday with the Daily close. By Ichimoku trend analysis the Chikou closing outside the cloud following price closing outside the cloud confirms that a bearish trend is in effect. Ethereum was the last major cryptocurrency to hold its ground. Bitcoin, Monero, Litecoin, and many others have been trending bearish for many weeks.
If this bear trend signals the end of this cryptocurrency bull cycle I do not expect a recapture of the All Time Highs in 2022.
If you want to learn more about Ichimoku check in for my Livestream Friday or catch the segment I will highlight. I will be doing a class module on this discipline of Ichimoku analysis.
GBP USD sell target is 1.3450Hello Bears, I can see the GBP USD is about to make the third top of the bearish correction, by reaching 1.3430 - 1.3450 support area and got some buying volume will liquidity discharge to the 1.3600 -1.3620 resistance area, going short to pounce back to the support area.
as you can see a vertical line on dates 27/10/2021 and 9/11/2021 these cyclic trends will show us some trend impacts.
I put a regression trend between the two dates to see where the price will go, I also highlighted the previous two tops and waiting for the price to make the third one.
Target is 1.3430 - 1.3450 support area, I always prefer to put a hedge position just in case the price goes against us.
Enjoy
Fools Gold: Sold My Bricks Again 2XAU/USD has hit an area of resistance and started showing signs of exhaustion and weakness in price while also crossing trend line as well, further confirming transitioning of price back into bearish pressure .
1749 is my current target for downside movement of pressure
BTCUSD- Bearish Range, at support.BTCUSD is following bearish trend line, until it makes strong close above 38200,
strong support price at 37000 (missed by 50$), price is in range between 38200 to 37000,
so short setup could possible at range Resistance, and Long position setup at Support price.
Looking for short position on resistance 38200, after trend line break out.
! Strong close above that could be bullish move.
Technical- Based on Support/Resistance and trend line:
- Range support: 37000
- Range resistance: 38200
! leave feedback please.
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Beartrend till August, September 2021?I am not buying any alts or bitcoin till i see the RSI red line is crossed. This can happen approx in 3-4months
But if you wanna set buy orders set it 35% - current BTC value.
For the Alts 45%, 60% - current value of the alt coin or token.
To me ITS OVER!!! 10 reasons WHY!1. MiddleEast at war
2. Elon Musk manipulation (electric vs petrol wars)
3. Low buy volume in critical dips
4. MA50 Daily (blue line) starting to point down
5. Crazy hyper alt frenzy buying of shitcoins ends in bitcoin depression
6. Bad sentiment in the market now
7. Many bulls screaming 100k
8. Feeling overall is end of Dec 2017
9. H&S formations in btc and altcoins. Peak formations i believe
10. We have to thank God or luck and make drastic decisions sometimes. Hodled 100% 4 y. Still hodling 20% which is around my initial investiment.
Waiting for MA200 and MA50 daily death cross is a pain in the ass...
XRP broke 3y downtrend. Now rising. Always leaves the best to the last when btc is at darkest stage.
If i am right. Alt season is entering final stages.
Honestly dont believe in 100k anymore but hope BTC proves contrary and makes a miracle!
GOOD LUCK!
BTC - AT A GLANCE - THE TREND IS YOUR FRIEND...M1: Ongoing trend reversal which has been triggered by a doji pattern,
Current candle is for the time being confirming this bearish price action (long black
candle).
In addition, the 38.2 % Fib ret @ 45575, has nearly been reached, low so far being 42'185.
Monthly closing level at the end of May will be crucial !!!
W1 : Last W1 closing @ 46'444 is below the Mid Bollinger Band which should be seen as
an additional warning, confirming the ongoing trend reversal.
Last support barrier is @ 40'550 and a failure to hold above this level would open the door for
37'350 ahead of 34'372 !!!
D1 : Breakout confirmation of the former support trend line around 49300-49000 (yesterday's price
action triggered a doji pattern !)
H4 : Below the cluster and below the clouds.Only a sustainable recovery above 46'000 would neutralise
"temporarily" the ongoing downside risk.
H1 : MBB @ 46'000 too
M30 : MBB @ 44'800
M15 : Watch cluster @ 44'350
M5 : Watch the clouds ! A successfull upisde breakout of the 44'000-44'500 would be the first signal of a very
short term recovery which should be seen as A CORRECTIVE MOVE ONLY and used as TACTICAL TRADING OPPORTUNITY
in a BROAD BEAR TREND !!!
Have a nice week
All the best
Take care
Ironman8848
BTC - MULTI TIME FRAMES - AT A GLANCEM1 : Ongoing trend reversal in progress. Pivot level on M1 closing
@ 52'021. 38.2% Fib ret @ 41'575 !
BULLISH ABOVE
BEARISH BELOW
W1 : 48680 on W1 closing is VERY IMPORTANT !
D1 : 2 dojis on a row ! Ongoing candle is currently attempting to breakout
the support line in green. Watch carefully at today's closing level and a failure
to hold above the 49'000 area would be a first warning on this time frame !
H4 : The expected downside triangle breakout expected yesterday did not occured...
Sorry guys... Nevertheless, last couple of H4 trading period is showing a 48500-51500
sideways trading range, with the MBB leading indicator, currently @ 51530. Therefore,
as long as BTC stay below MBB, the trend will remain oriented to the SOUTH !!
On the downside a failure to hold above the 48500 area would open the door for a new
48500-45000 trading range.
H1 : Failure, yesterday, to breakout the clouds resistance triggered a new selling pressure
from the intraday's peak of 51'572. Currently attempting to breakout the clouds support zone.
M30 : Sideways price action within the clouds in a downtrend mode.
M15 : In a downtrend move, below the clouds
M5 : Below the clouds. Recovery attempt, watch the clouds
CONCLUSION : BTC REMAINS A SELL ON RALLY CALLING FOR LOWER LEVELS.
ONLY A SUSTAINABLE MOVE ABOVE 51'500 WOULD FORCE TO A VIEW REASSESSMENT OF THE EXPECTED BEARISH
SCENARIO
Have a great weekend.
All the best
Take care.
And please, if you find my work is added a value on your trading activity, do not forget to like it and if it is not done yet,
to add Ironman8848 in your following list :-)
Many thanks in advance
Inronman8848
NIO: Is this sell-off for real?Hello traders and investors! Let’s talk about NIO today.
First, NIO lost downwards the Descending Channel we discussed in our last study, so it just resumed the bear trend until the next support level. And as usual, the link to my previous analysis is below this post.
The $ 35 area is interesting, as NIO filled an open gap , and it found a support there too (black line). When a stock is near a support level, the Risk/Reward ratio usually is very high, and if NIO reacts around here would be an amazing sign.
Now, let’s see the daily chart:
Let me be clear: The trend is bearish, and we have no clear reversal sign ahead. But I’m very curious about the volume seen in the past days. During the entire last bear leg, after it found a top around the 21 ema at the $ 46.28 (black line), it dropped with a very low volume. And when it started to get closer to the $ 35 area the volume started to increase again. What’s more, Friday’s bullish reaction had a higher volume than usual.
Usually, this indicates that this is not a real sell-off , but since NIO is quite weak and we have no reversal sign ahead, there’s nothing interesting to do. But I agree that if we see any bullish sign this week, it could offer a brilliant buy opportunity for everybody who wants to buy NIO or increase position, as the R/R ratio is very high.
Let’s see how NIO will play out in the next few days, and remember to follow me to keep updated about our daily studies, and if you liked this idea, please, support it!
Thank you very much.
Intraday check-in on MVIS 30 min chartTook some time to go over MVIS and what I’m looking at. The Market still plays a roll on our price action. It has nothing to do with a lack of value in the company and/or products the produce. Shorts have used the crumbling market as a tool to drive price down further.
It appears we may have hit a double bottom around $12.56 - $12.57, but hit a hidden dynamic resistance I discovered while making this recording. We’ll have to see now if we have true support around $12.56, or if we continue down further. Regardless, you all should have dry powder available to buy some more shares. These lows are a gift, so treat it as such.
One thing I didn’t discuss in the video, was the IH&S (Inverse Head & Shoulders). If the fundamentals and market line up, the IH&S would have given us Bullish momentum to break trend up to the $20 range.
BTFD, BAFF, and BOOMSKI UPSKI TO THE MOONSKI everyone.
If you think I missed something, as always, I’m happy to learn.
$TSLA Double TOP Very Bearish. 600s inbound. 1 hour chart.This is to go off my 1 Day chart. Bounced off the 760 range and ran up and now looking like will bounce off those red lines and continue to correct back to mid 600s.
Should be good to go by March! Tesla long term is still Bullish! Short term is Deffinitely Bearish.
Good luck. Load some puts and ride some short calls on the bounce off supports.
$TSLA Double TOP Very Bearish. Will probably correct and retest.600s are most likely inbound by Friday. It has failed to hold support and in a clear bear trend on the hour charts.
Once it bounced off the 760 opened a call OTM and made almost $300 and as soon as I saw the reverse i closed out. Opened $780 put at $786.60 exp. 2/26.
Will be riding it down to and will pick up a call for the quick up trends to scalp!
Have fun boys and girls!
