Breakdowncoming
Bitcoin about to SHOCK and SHAKE the crypto bulls?Bitcoin needs massive liquidity In order to move to $100k and beyond and the only way that's possible is to hit all the stop losses sitting below 28k. It all makes sense if we look at the potential harmonic pattern forming. There's no guarantee but if we brake and close below $39,500 there's a MASSIVE probability we head down to around the 27k mark. Think about it, 80% of bitcoin participants are bullish at the moment. Going to $27k will rinse the markets off all these crypto moon boys.
👀 BNBBIDR Breakout or Breakdown?As you can see, the symmetrical triangle is formed.
The breakout or breakdown targets for a symmetrical triangle is equal to the distance between the initial high and low applied to the breakout or breakdown point.
So, is it breakout or breakdown?
I SPY a Gap 2 Fill in Descending Triangle!Simple idea. Triangle is ominous as these typically break thru the floor of wedge, although a rally is not out of realm of possibility, seems less likely every day.
Fourth trip to bottom of the wedge usually breaks the floor. There is that gap to fill, which might occur Tues; if not, 1/8 gaps never fill, so maybe not a good bet IMO.
Getting more bearish daily. Expect the megaphone to unroll soon. This is not advice; trade at your own risk. GLTA!
USDCHF en VENTA en corto, posible reboteEL par a acumulado una sobre compra segun el RSI, muestra señales de triple mechas en la resistencia, indica un desenzo con posibilidades de un rebote en soporte y llegar a un nuevo alto, si se ve un impulso que pase ese soporte tenemos una caida libre de al menos 200 pips, monitorearlo y esperar la accion del precio.. suerte a todos
AVT could break down big time!!!NASDAQ:AVT This stock just broke below a major support. if it goes up in the morning to test yesterday's broken support as a new resistance area and fails, then short below yesterday's low (40.49). if it goes straight down without bouncing first, then stay away from it.
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Please note that this information is not a recommendation to buy or sell. It is to be used for educational purposes only.
GBPCHF nine year consolidation in focusThe bearish trend is relatively strong going into Jackson Hole. Enter once the make or break zone is breached to the downside with conviction. Nine year consolidation breakdown in prospect. E2 offers initial target to scale in and set a breakeven stop on the earlier entry. Rinse and repeat