Bottom
MICROSOFT ACCUMULATION AREAMICROSOFT ACCUMULATION AREA, long-term
1ST entry 2022 possible 2nd entry 2023
Capitulation and a Bottom.The indexes are entering a period of traditional seasonal weakness. The headlines will be filled with bearish news and stories of pending economic doom. Pay no attention to the talking heads. IMO The bottom is in and the lows will hold.
My favorite headlines are the ones talking about low volume, no capitulation, and the bottom hasn't happened yet. Well, the charts tell a different story. The first chart is a weekly chart of the S&P 500. The bear market sell off was 168 days long and dropped the index by 24%. The first clue that the bottom was in is where the index found support - right around the AVWAP off of the covid plunge. The next clue was the massive volume that took place on the final week of the sell off - everyone was running for the exits. The final clue was the formation of a hammer candle a few weeks later.
Lots of market prognosticators are questioning this bottom and claiming that market participants have yet to capitulate. The chart disagrees. Over 50% of the bear market losses happened in the final 9 days of the route. The intra-day YTD low saw volume that was 78% higher then the preceding 52 period average and the highest volume since the fall of 2020. All of the weak hands folded right here. If this isn't capitulation then what is? After the seasonal weakness passes anything sub 4000 on the index will be a distant memory. The AVWAP off of the prior ATH will provide resistance. Once 4220 is cleared and becomes support its going to be off to the races. The media will be filled with skeptics. Around this time you will notice that bad news will no longer move markets. The pundits will pivot and the headlines will be talking about a bottom that is 6 months plus old.
ETH/USD Trendline BreakHigher Time Frame Trendline Break, look for a continuation up north. Just know FOMC is approaching. A break below the Trendline may be a reason to get out. Tight stop loss for this one. Stay tuned more to come. PM me for any chart request and I will promptly post them. This corresponds to my previous signal on bitcoin. I would love to chat with you all about how to play the end of the year Q4. Like and leave a comment, I appreciate all the support.
look for a retest of the low of this last 4 hours bar for best entry. I don't have a set price for take profit, just looking for a further continuation off these lows. That is all for now on Ethereum.
KEY LEVEL TO WATCH: TOTAL2 MacroI previously estimated where altcoins might find support, and I was right... for a few weeks.... but we didn't get a serious relief rally before losing that level.
Contagion has spread and 2 more giga-firms Celsius and 3AC may be insolvent / forced sellers....
And now we are a 7% drop away from a potentially very significant level...
It's the 200SMA on the 1W timeframe (yellow line). We haven't come anywhere near it since pre-bull run. Before that, it never exactly offered rock-solid support, but it did act as a magnet for price action during the previous bear cycle.
When it was broken previously, the Total market cap of altcoins went down another 45% before being drawn back up to it and didn't stray too far in either direction until blasting off this previous bull cycle.
I'm posting these quickly so I'm sorry if some of my numbers are off, but you get the idea. It's a point of interest. If we lose it, expect more downside, but THAT will be when it's time to really pay attention and watch for a potential bottom / rally back for a bearish retest of it.
THINK HAPPY TRADES
THINK HAPPY TRADES
CD
Buy The Lows IF.... FOMC takes us there! (end of week)As we all know the last FOMC announcement drastically effected the crypto market several weeks ago and well... Every other market for that matter. 2 days until we are met with yet another bearish outlook surely? These expected moves to the downside perhaps create an opportunity for anyone who can maintain the intestinal fortitude to bear the risk (no pun intended). Consider me an optimist and pro MMT; the market should in theory head for new highs come January. So for sure we are early. Of course playing counter trend will go against your better judgement even though some bulls are purely in a denial state at this point just wishing for 30k again. I recommend trading small positions on leverage. cut your losses quick. For anyone else just buying the coin looking to hodl for the rest of the year, now would be your chance to catch one of many prime entries on a potential Christmas rally. I stray away from flooding my charts with Indicators for these post to keep things simple. We expect price to go lower, if it does. you know what to do.
BTC Bottom analysisIMO BTC reacts intensively in 16500 to 17500 range to bounce back since it is compressing on falling wedge. Moreover the result will be likely to reveal before November. so stay alert and grab a wick.
BTC bottom pickIMO BTC reacts intensively in 16500 to 17500 range to bounce back since it is compressing on falling wedge. Moreover the result will be likely to reveal before november. so stay alert and grab a wick.
Bitcoin capitulation and longer bottom Probably I do believe there is 95% chance for me that Bitcoin has already capitulated and now is just forming same kind of bottom.
HOW-TO: Cosmic Markers and Cosmic BB SR bottomsHow to buy the dip with Cosmic Markers and Cosmic BB SR ?
Buy when Cosmic BB SR forms a new "S Level" while Cosmic Markers prints red dots (😎)
Buying API3 for +330% profitHello traders!
Welcome back to another episode with analyst Aadil1000x.
Today is a great day as we have caught the trade of the month and it's now in a great position to go long.
The strength of the bullish pattern in API3 is so strong that it will pull up at least +30%.
We can use 10x leverage in this trade and with this leverage, we will gain +330% profit at the target.
Stoploss 1.461(-5.6%)
Target 1, 1.832(+17.5%)
Target 2.069(+33.66%)
Why complicate things ? Keep it Simple BTCUSD has bottomed out . there is too much fud meaning it is time to get in and buy .
NIFTY PHARMA, REACHED ITS BOTTOM!!the dark black trend lines drawn are the actual positions where the nifty pharma should carry on, i have drawn a support line from the corona crash till date, which shows markets have bottomed. please do read the text mentioned in the graph, to understand my full analysis..
$BTC to $6k?I saw a post where showed a chart like this of BTC, honestly I see that it is something very possible that could happen, remember that in previous years there is always a significant drop that marks a new course towards a new BTC ATH, honestly it doesn't feel like we've hit that bottom, not yet, we're in a bear market where we'll know we hit the bottom when a real crisis feels.
Let's see what happens in the coming months.
TheKing CME vs Exchanges- i remember one of my best friends asked me in 2018 if it was good to buy Bitcoin around 4000$.. around bottom, i answered nothing, i just told him life is like a computer, it's like 01010101. You just take a decision then u have 50% chance to be correct and 50% chance to be wrong.
- So he had like 50k Euros at that time and he decided to buy a small studio because it was more a " Secure investment ", if he bought BTC by that time he would have 12.5+ BTC for last 2021 bullrun and could sell for 600,000++ Euros after 2 years ( if he sold btc around 50k$). Right now his studio's prices didn't move up or down.
so that short story is true, i didn't dream it. i just posted it to explain something very important :
- more you invest in something safe more the return will be poor.
- more you invest in something dangerous more the return will be good.
This simple law is valuable for everything, not only for cryptos. if you buy a studio in center NYC, you will pay it a lot but you will have more chance to be safe, the return will take many years of your short life. if you buy a studio in Cambodia, you will pay it much more cheaper and your invest could be transformed x5-x10 or going to zero.
let's back to the trend :
- it's important to check the difference between CME and Exchanges.
- When retails can buy 10$ in BTC in Coinbase, you need at least 10,000$ to invest in CME.
- i noticed this price difference from the last July BTC dip, when BTC dipped on exchanges the price was 17500$ ish. But on CME price bottomed around 18500$ ish and few day ago from now made a kind of double bottom tap.
- So to come back to my friend story, do you follow retailers or big hands ?
- i will post in comments the next important CME GAPs that BTC have to take back in future.
Happy Tr4Ding and St4y Safe !
BTC 4 Year Cycle Bottoms in NovemberWe've already begun a short squeeze that will go much higher than people expect.
This will turn into belief that cycle has bottomed and FOMO will carry it higher.
Price will meet the the 200 day moving average and the sell zone of the current channel at the 29k support zone, now resistance, in late September.
Shorts will have been thoroughly wrecked, and FOMO'ers bags will be thoroughly loaded for a long squeeze.
Price nukes into November for the real bottom of the cycle.
Why November? Check my related ideas.
BTCUSDT Short term and Long term UPDATEHey everyone, I recorded a video quick video so I wouldn't have to type a million words. I told you previously that we were waiting for a bear market rally, and we got it. Everything else is in the video. I will be back in October when my studio is set up at my new my place. Thanks again!
Wild speculationJust posting some charts. We are close to cycle bottom but I don't know how exactly it's going to play out. Just shitposting ideas.
Bitcoin Bottom- i saw many traders using vrvp or vpvr like and claiming BTC will go 10k.
- They just don't know how to use this tool and didn't understand how it works.
- if u don't know how to use a tool, simply don't use it. so less people's will rekt. this is an advanced trading tool.
- The Timeline of those tools are VERY IMPORTANT, they cannot be set up from 2015 or 2013.
What happened when BTC was Bearish :
- Actually when BTC dipped from 30,000$ ish, the columns started in the vrpv darker zone ( Less Demand )
- BTC reached 20,000$ and columns started to grow ( Demand Zone but Fear "Retailers" )
- Then dipped 17,500$ and the columns diminished size ( Good Demand " Smart Money" )
- This is at this point that you can detect a BOTTOM Zone. ( Darker zones + Small Columns )
Then what happened when BTC was Bullish :
- if you watch VRVP when BTC was growing you will notice the inverse.
- The Main demand was around 30,000$.
- BTC Reached 50,000$ and VRVP started to be darker ( More Demand impulse "FOMO" ).
- Then BTC reached 70,000$ ( No Demand ). ( Darker zones + Small Columns )
- i will post an exemple under this post to show a bad use of VRVP/VPVR. please don't use it that way.
Happy Tr4Ding !
bottom for $cryptofixed volume profile since beginning
fibonacci
strong dollar
world crisis
market due for cleansing lol
Nifty IT to rise!!, bear runs waves gets overNifty IT- target 30500 cross.
i have drawn the waves for the short term, it looks like nifty it has completely corrected, and now it has to start its run. it will go up, with a rally or with some corrections in between(idk), but i guess it has touched its bottom, and will now move upside.
plus, have look on rsi indicator, and macd(strategy). they have started to show some divergence, so if by chance nifty it falls, it will not majorly affect much, and will continue its bull run.
WDAY Showing Strength in Bottom RetestWDAY is showing strength during the retest by the major indexes. It is a NDX component. There are Dark Pool accumulation footprints developing. I'll be teaching this concept tomorrow.
The bottom formation will complete when it breaks out above the resistance at $180. Watch for compression at that level. This stock may offer some good swing trades once the retest of the bottom's support ends .
