WALgood tight risk for long if opens tight to range. looking for continuation off this oversold bounce
Collapse
FRC to $42The price spring should it break and hold should be fairly large and fast. It currently broke a major trend to the downside and hit an exit. It also has fairly smooth sailing should it break to the upside tomorrow. Exit trade should the blue trend break or should the stock price reject off the red trend. Buy the dips on the trend until it breaks, and then sell on the bottom side of the trend.
Is the DXY in trouble!?? Before we start all views are my own and are based from my overall personal research.
As we have covered in previous markups and breakdowns we are taking our major lows on the larger timeframes on the DXY.
Here we have a pretty simply markup here for DXY iam only looking at this for a short term idea overall i strongly believe we are set for some serious downside on the USD and with this iam waiting for a true shift to show itself...
As many countries begin to decouple from the USD and the fed continues pushing the price to unsustainable levels with consistent printing of new currency we are watching history unfold in front of our eyes...
Taking a deeper look into the history & future of the USD.
The control and power that the US has had in the past is drastically dwindling... if you follow the power trial to its source it will and always has lead us back to the federal reserve.
Now the above is an issue for many different reasons... the main reason being no country or persons should be governed or controlled by a bank or reserve, which for a long time has been the case... this leading to countries having economic collapses along with huge depts placed on them in times of crisis, when this happens to a country it 90% of the time means one side is gaining while the other is losing. due to this we are and will continue to see more countries disconnect and distance themselves from the USD.
Once we get to our tipping point where the USD has truly lost its grip on the global economy it will be to late to revert from its course, which i believe will take us to lows we've not seen in decades, ultimately leading to the collapse of the USD...
Now iam no economist nor a financial expert, but I urge everyone that reads this to do your own research to the state of the USD and how the fed is "dealing" with the matter.
To sum up, iam looking for prices to drop below 100 on the DXY in the coming months and possibly even weeks...
Whatever the outcome trader stay safe and stick to your plan!
COIN Coinbase potential Sell-Off !!!If you haven`t bought COIN puts here:
Or sold it here:
Then you should know that COIN Coinbase was more than a client of Silicon Valley Bank, and the relationship between the two companies was more than just a client-provider one.
Back in 2014, when cryptocurrency projects and businesses affiliated with crypto struggled to secure financing from traditional sources, Coinbase gave a stock warrant to Silicon Valley Bank.
This was part of an agreement between the two companies, which allowed Coinbase to use the bank's services.
The warrant gave the bank the option to buy more than 400,000 shares of Coinbase's class B common stock for slightly over $1 each. The warrant was valid until June 2024, but it is unclear what its status is currently.
However, Silicon Valley Bank's latest annual report to the Securities and Exchange Commission revealed that the bank earned $116 million in gains "related to Coinbase's direct listing" in 2021.
Coinbase has also paused conversions between USDC (a stablecoin pegged to the US dollar) and US dollars, due to the ongoing banking crisis that has affected the crypto industry.
Circle, which backs USDC, confirmed that $3.3 billion of the $40 billion supporting its stablecoin was deposited at Silicon Valley Bank.
Following the bank's seizure by the FDIC, the fate of that cash is uncertain, and USDC's dollar peg has been lost temporarily.
It remains unclear what Coinbase's exposure to USDC is at this time.
Considering the chart, my Price Target for COIN Coinbase is $34, for a potential Double Bottom.
Looking forward to read your opinion about it!
Silver, You should dump your paper and buy some physicalOANDA:XAGUSD
Paper trading things like silver and gold are a total joke. You who trade paper shares are trading in mostly fake, extremely diluted, worthless shares. Your paper certificate is diluted somewhere on a ratio of 900 paper shares to every actual physical once of silver.
Soon enough, actual silver will decouple itself from these made up paper shares. When it decouples, physical silver will go through the roof, and the silver paper market will crash, because it will be no longer tied to silvers actual spot.
It is a massive risk to be involved in paper shares of anything that is diluted so much, its insane. Hard times are very close, the crash is right around the corner. Best invest in physical, or if not, be aware of the risks that come with the paper market. Also. To those using technical analysis on Silver or Gold.. It does not work so well, especially right now, because precious metals have too much reaction to financial instability and economic crisis.
I wish all a great day and to stay strong in the hard time that will come upon us all. Prayers. Strength and Unity.
EURUSD TA Time!Short update:
Overall(short, mid or long term):
Very bearish ever since first publish in 2019. Unfortunately, I have been right ever since. I reckon my predictions wont deviate that much, since it's a macros term analysis.
You have to understand, the EU does a lot with USD in multiple different respects. Like export and import. So when Euro values goes down, inflation is the after effects. While our salaries stays the same. There will be less spending, which means less transactions. If this keeps economic collapse might be inevitible. I reckon the verge of collapsing will be somewhere before 2030...
Hmmm... where did we hear this before? "The Great Reset, 2030. Where you will own nothing and be happy."
XRP vs the Securities and Exchange CommissionSEC vs. Ripple is an open court case in the United States Southern District Court of New York that could decide the future of cryptocurrency regulations and determine if it is a security or a commodity. It may be decided in the first half of 2023.
Considering the crypto sentiment right now and the tight regulation about to hit the market, i think the Securities and Exchange Commission will win the case against XRP.
Technical analysis is also bearish, XRP being inside of a Bearish Pennant right now.
I`m considering a retracement to $0.18 and even $0.10 after the judge decision.
Looking forward to read your opinion about it.
COLLAPSEIt has been a year since I contemplate the evolution of prices, analyze patterns every day, compare indicators, technical and fundamental signals, watching speculation in full swing, levers reaching new records, states with the help of central banks flooding the market with liquidity.
Some have asked for my news, here it is.
In January 2018 they laughed at me when i called the explosion of the crypto bubble, now i think the US market top is near. Buying stocks now is crazy. Shorting it is always risky, but here we are.
Since their creation, markets have soared and then collapsed : I don't see why this time would be any different.
To discerning eyes a graph is enough I don't need to say more.
Wish me good luck, I wish you too.
If you want to thank me, criticize me, insult me or question me in the comments space is all up to you.
BITCOIN COLLAPSE AGAIN!!We first called the crypto short on October 15th, 2021.
Today, we are adding to the short position.
Sadly, many have been deceived by the crypto hysteria. NOT US!
Acts 19:19
TSLA To 0$ ?NASDAQ:TSLA
Tesla is a great company, I don't think it will collapse, by fundamentals breaking each Q's Rev and Profits, Best selling car.
But as FED keeps raising the interest rate, it will go lower but for now:
Trade for a short timeframe . Tesla Looks great.
Over Sold, Close to Support Level, Sellers Vol Decreased, Far a Way from MA'S, confluence AREA!
I taking it for a long With 2 TP at Fibs Level.
Bought for 124.
Have fun.
TP1 139
TP2 149
SL 110
Bitcoin is ready to collapse and final leg downBitcoin is ready to collapse and amid fears of the recession from the Feds decision since U.S. economy is slowing down and it’s not good for bitcoin and neither for the markets.
Still below 17K; the bears has a strong potential to crash and collapse even lower.
Bitcoin halving is coming in 2024.. which is the big sign for buyers to buy the dip at the new lows of the bottom ( DONT BE LATE!! )
As I said before don’t trust any short buys because the bears are fully controlled.
Anyhow now the bottom has been confirmed from the crypto veterans and experts also big companies see bitcoin will bottom in 12-10K before or during 2023 1st Quarter; if it doesn’t hold because the recession is coming.. we will see bitcoin to go even lower than 10K zone.. FYI the Feds are still in charge to keep its decision to go higher rates and the inflation will be expected to go a lot higher in 2023.
Bitcoin All time high prediction
2023-2024 new high; 100-150K
2025-2026 new high: 200-250K
2027-2030 ( or longer) new high ( LONGTERM ) 1 Million.
If you are a holder then wait 10 years.. perhaps 5 years.. if wanted a fully retirement.
Trade safe y’all and keep an eye of those buy points for a bargain.
XRP made its decision.. strongest rejection ever..Alright y’all so the buy came out pretty short and seem hit the zone coverage of the downtrend resistance.
Bearish still and still strong.. since it had been already expanded to Europe and supported it. SEC settlement still going ( please update any good news or bad news down below the comments).
Big drop coming should expect visit back to the bottom and then new bottom zone for a long term buy.. 2023-2024 target is over $100. ( XRP could be the next Bitcoin).
**NEWS**
Even so we should be looking forward with the huge crash and collapse since FTX had been bankrupted and the owner of it had gotten arrested.. since the huge damage had already been done, as for Binance the largest crypto exchange In the world CZ deploys $1 billion to keep the crypto industry afloat since the FTX had happened.
Other hand good news binance grew recovery to $2 billion this is good news so we should see everything crash and on the way to its bottom.
As for the Feds let’s hope they won’t raise another high interest rate since the inflation still over 40 year high.. we are in a recession but the real one is coming in 2023.
Let’s see how the news affects also the court; how far XRP will drop and how low will it go, what is your buy zone prediction.
BTC LongSo we are seeing my previous snapshot finishing (which TW didn't save for some reason).
BTC is heavily linked to s&p and tech stocks at the moment and the bloodbath affects it. However those have not finished, BTC already lost the weak hands and many hedgers.
We only have speculative hands left and buyers.
What is going to happen is that the ongoing crackdown on home ownership (new era gold) via taxes all over the world will lead a line of people looking for another highly sought for asset which is deflationary (limited supply), tangible, non-taxable and, most important, inalienable.
At the moment there is practically no "free lunch" left except for Bitcoin and other cryptocurrencies without central control.
You cannot invest into resources as they are behind too much red-tape and protectionism in any country.
Stock is heavy speculation with trust in business practice, bonds are dependant on governmental stability when a dude in another country can send it to a downward spiral due to midlife crisis.
So the only thing which is truly there is Bitcoin.
Despite being built on a non-very stable ground (internet) and dependant on governments permitting it, it still thrives and provides the necessary protection of ownership, fungibility.
Sure some will say that I'm being too optimistic or delusional, but I accurately predicted that during COVID:
small business will start closing
mid to high earning people will invest into property
low mid to low earning people will stop investment into property
companies will start buying more properties
all of the above will be with "free" money
this will lead to lowest home ownership and thus life satisfaction
leads to job dissatisfaction
low paid jobs become vacant
leading to supply chain crumbling further
Frankly I did not expect the war to join the tandem so soon, I thought we have a few years to run at the end of pandemic, despite due to my heritage I should've known better (as Mr. Putin got cornered heavily).
My new points are:
Russia exited the globalisation idea (basically shorting the whole investment and cutting ties).
people get burned opening new businesses with after covid free money now at the second wave of expansion available with high interest loans only.
inability to grow due to previous will require other capital where we either sell business, bankrupt or not expand.
wave of foreclosures due to previous decisions and growing workforce losses (great resignation is a good squeeze point).
tech crumbling because there is NO MORE GROWTH left and valuations get re-evaluated making major calls on all leverage across the board (cascades)
China will show even worse performance (because Evergrande was the first call) while technically being the last lifeline of the current world order.
War leads to huge cascade of shortages which affects already struck down lower class
Increase in riots worldwide, but most important in USA.
Possible collapse of nation unions worldwide
Faltering of real estate as investment will lead to search for new investment asset, bitcoin is right there.
This is not orchestrated, shit goes to town because there is no other choice at this point because basing your economy on constant growth is unsustainable. Regulations, taxes, borders and other burdens made for gullible nationalistic people lead to governments assuming totalitarian control (failure of TTIP, COVID and now Russia quitting) all over the world to show their relevance, they will try to double down and it will result in global collapse because world works as a global free market with no rules, taxes or burdens. And governments at this point are just thugs with guns, well you can be a thug with gun too!
Disclaimer:
I'm not a libertarian. Governments are an important thug which is supposed to keep other thugs from attacking you, BUT with nuclear deterrent there is not need for such huge armies (thus Russian attack on Ukraine) and wages, this war shows people globally that they are overpaying for protection which was either never there or now there to show off (no offence to Ukrainians). Sure some will say "well you can't nuke anyone", well first thing - yes you can, and second thing - there are drones now and most likely satellite deterrents in the work (many leading countries piss on the space treaty and more will join).
And yes it is more complex but it would take me pages of writing and I'm too tired to do that, so if you have questions shoot.
Remember there is 8 billion consumers in the world. All you have to do to become a millionaire is get 1 penny from them.
NASDAQ RIP...and snp can fall off from 4k to the zone 3000-2700
So help us GOD
Reputation does not allow me to add links to additional graphics, but I'll try to leave them in the comments ))
USDD & TRX COLLAPSE!Hi Traders,
USDD is the TRX backed algorithmic stable coin - the DAO has massive reserves of TRX and faced some scurtinty when LUNA collapsed as next potential targets - prices where stable then and Justin did deploy alot of stable coins to prevent damages.
Now with FTX collapsing and the long arm of ALAMEDA going down with the ship we should expect to see the fragile projects like USDD collapse as many will sell that which they need to de-risk.
There is more to this but thats for someone else to explain the technicals.
All in all - TRX is holding ok for now considering they have alot of stable coin USDT reserves, the question is WHAT happens when that runs out...
SHORTING TRX from 0.058
0 incoming.
Goodluck,
AssetMastery
Edge of a Precipice Will we ever see VIX at 16 again?
Here I explain the mean reverting nature of VIX.
Then I predicted exactly were VIX and JHEQX would be on Friday, October 7th.
Now we're sitting at the edge of a precipice of the worst financial disaster in history.
So I wrote an indicator to give us retail traders an inside eye so maybe we could catch a long vol opportunity of a lifetime.
If you understand how a large institution positions assets and how they hedge against a market correction you can a) find these hedges and b) use dealer positioning to predict it.
That brings us back to VIX.
Vix is calculated using SPX Weekly options rather than stocks.
If Vix sustains higher levels for longer it is telling us liquidity is bad.
As more institutional players position to the downside eventually there will be too much money on the same side of the boat and the boat will flip.
Think of market participants as people on a boat and the waves are volatility.
As the seas get more violent (swings up and down in market price) people on the boat are going to try to find a position best suited for the volatility.
Ask yourself now, is buying puts a good way to hedge downside?
No.
Fixed strike implied volatility is a disaster.
It has been collapsing for nearly the entire year.
Institutions protecting assets (like British pension fund managers apparently) with puts are getting worse and worse returns hedging with puts.
You may be able to pick off edge as an active trader by buying well timed Puts and cashing in on premium kick for a quick 100% return, but these fund managers holding puts are getting destroyed.
Instead, institutions are piling into selling puts while shorting stocks.
We all know what happens when too many shorts pile in, they frequently get squeezed.
I was expecting short squeezes to take hold when Oil started climbing.
Because the alternative is JHEQX leaning negative into an already crowded short side and a VIX > 32.
And that is exactly what nearly happened on Friday.
If futures drop overnight or price drops below 3580 JHEQX will start selling and the only thing stopping a drop to 3200 will be the FED with its left tail tucked between their legs with some fresh QE.
As a great philosopher once said.
"Dread it. Run from it. Destiny arrives all the same. And now it's here"
Macro Bear Market JUST beginning??BTC is in a very dangerous spot right now, people aren't losing their jobs fast enough (unemployment at 3.5%!!) and Netflix keep on raising subscription prices in Ukraine (war!!!)
The FED might have to issue more hikes all the way to 2024, mid terms are also coming which is historically bearish for extreme risk assets (BTC??!!)
TA wise, BTC is forming an extremely BEARISH descending triangle (explosive move?,!!) which could see 3k target in no time
Trade wisely and close any longs, cut your losses if required as this will get MUCH much worse
Macro-economical factors seem to be pointing to a structural bear market could take up to 111 months for full recovery (according to Goldman Sachs)
Please share this idea as I will be providing more tips on how to navigate a full blown financial collapse!!
CAREFUL
XAUUSDWe anticipate XAUUSD to reach the third touch of our upper trendline and continue the downtrend, the structure has been forming lower lows and lower highs, awaiting the point of a lower high, however should price reach the upper trendline and start accumulating, the bias will need to be revisited
Do NOT buy bitcoin yet ….It’s NOT OVER YET!
We are not at the bottom , but a retrace buy for a short term. Should expecting another huge fall after the retracement, expecting the buy I be eyeing on 13K or below for a lifetime buy.
137,000 ( 3 billion bitcoin worth) had been took out and we are going to see another huge fall as you saw more bear flags are forming. If you are going to buy PLEEEASE BE EXTREMELY CAREFUL..
also 200,000 jobs added in USA we are not that far for the economy crash and everything to collapse.
We are not bottom it’s far too soon. 13K-9900 is the actual bottom for bitcoin.
For people safe concern please stop saying we are in the bottom we are not in a bottom yet
DO NOT BUY BITCOIN YET … The whole entire stock market and crypto are going to be crashing much worse.
Why? - monkeypox/Orthopoxvirus 18,400 cases
- monkeypox global cases 50,000
COVID-19 aka SARS-Cov-2
- Global: 602 million cases / Deaths: 6.50 million
USA: 94.2 million cases/ deaths: 1.04 million
The Epidemic Is NOT OVER.
Now for the government
On September 1st they going to take 90 billion off the market which will cause volatile insane of all the markets and cryptos.
Last time in June the took 40 billion out which is why cause everything to crash.
As for bitcoin we are still in a high sell Pressure we aren’t bottom yet. 12K along with a dip has stronger floors & 10K with a dip as well which will cause the bulls to take the full recovery.. if I were you please do not buy bitcoin yet it’s still too early and we aren’t bottom yet.
Stay safe
A Clear Signal of Economic ContractionUnemployment vs. Central Bank Tightening
We know there's a shifting of the tides. With unprecedented Monetary Policy to rescue the economy due to never before seen economic maladies. Dotcom, Housing Market Collapse, and now the C-19 Pandemic. We saw the Fed's policies fail during the Great Depression, could we continue to trust this policy to course correct an inherently broken system?
The simplest view of this is as an indicator of economic contraction preceding major Recessions. Now, combine this with yield curve inversions of both the 10 and 2-year yields, now, with a drastic move in the 3-month vs 10-year yield and we should be wary.
All set to collapse?Looks like a double top formation. I expect this to test 80s soon and then collapse to covid lows.
All set to collapse towards $100?I think this is a bear market rally towards $170. Soon this will turn around trapping bag holders and in next 3 months this could drop towards $100.
