Crash!!!!!
Bitcoin sell off coming.. biggest crash is coming as wellBig crash is coming and market is slowly collapsing.
FTX started bankruptcy and the founder got arrested.. at the same time lost $6billion during the collapse; also another bad news that Sam bankman-fried lost 1$billion more..
even so the ex president seeks $6million funding recovery while alameda research the loss of $1billion on the following Clients back in 2021. Right now FTX is still collapsing while other Feds meeting this month are more to come.
Target is at 13K with small buy and drop to 10K.
December 2nd: Jobs Data. December 14th: inflation data. December 15th Feds decision ( save or crash the market)…
Volatility S&P 500 Index, Daily, The Upcoming Market Crash?I think that in mid-November we may be dealing with a stock market crash. Let's take a look at the volatility index of the S&P 500 stock index. The analogy of 2008 has been fulfilling almost perfectly so far. If it continues, the price should completely fill the gap and rebound from the green zone. If we break the red zone, I would expect a rebound from the newly created flip zone (gray box on the chart) and a dynamic increase in volatility. Volatility means big drops or big gains. In the current macroeconomic situation, it is difficult to think about dynamic increases, especially this winter. The potential trade on VIX to rebound from the green zone and break through the peaks from March 2020 has as much as a 20:1 risk-reward ratio (SL under the zone). I am sure there will be even more great opportunities for this scenario on shorting, i.e., SP500, Nasdaq 100 or DAX.
BTC TOTAL MCAP CAPITULATION VERY SOON ?!!(URGENT)As you can see on this chart, the FIB circles lines perfectly confluence, and it shows that the subsequent capitulation is very near.
I think the total market cap price will resist at the 200ma and fib 0.618 on the 4H chart.
FIB CIRCLE 1.618 has been respected perfectly for the past 2 weeks and crossing it could mean a crash in next
We are very close to crossing the respected Fib circle so ill be looking closely at how the next 4H candle will close.
Stoch Rsi seems OVERBOUGHT.
This is just an idea.
NFA DYOR
BTC confirmed the bear flagIn this Bitcoin update can we see that the price confirmed the bear flag but need to confirm the 30k range to confirm a recession as this price range while when the price has confirmed the 25k range would the price be in a free fall period.
This free fall line is confirmed by the 200 EMA on the Weekly time frame and if the price, with confirmation, would fall below this line would the price be in a free fall zone.
This price range would also act as support in the past but this bearish confirmation is confirmed by the Ichimoku clouds showing bearish signs.
Meaning that the price does not have tangible support or resistance more than guestimates and if the price would reach levels like the 20k range and the 10k range.
US economy is now collapsing…….The highest point and upcoming Feds meeting are coming next month.
The inflation still ove mr 40 year high , unemployment is increasing , Russia and North Korea teaming up against Ukraine using nuclear weapons.
US economy are now crashing…
This isn’t financial advise. Please save lots of money as possible.
WE ARE IN A RECESSION
Ethereum crash incoming ….Same for bitcoin.. should head to final 2 destination.
The bears are stronger and fake out buys came out well..
Lots of consolidation zone and bears are making it’s time to drop.
Bottom hits I see is around 600-250 area.
This isn’t financial advice and trade carefully..
2023-2026 target: 6000-10,500
How high will it go until it hits the bottom ? Your ideas below
2:1 RiskToReward: Gold Sell Off This trade idea is supported by multi-timeframe analysis, trend continuation and market structure. All key components of sound price action trading.
Going into the trade setup, Gold is trading "flat" for the day (price is equal to the start of the day). However that doesn't tell the whole story, throughout the Asian session the market traded up and tested one of our levels highlighted from the market breakdown I posted last week (linked below). As the market ticked over into the London session, price broken below this marked red arrow line to signify both a break of support and also a break of the market structure on the small 1hr timeframe.
Amazon, Inc. Since 2000 (22 Years - Worrisome To Say The Least)I got scared when I saw this chart... Maybe that is why Jeff Bezos is planning on laying off a lot of people...
Let me show you.
AMZN right now is trading right at strong/long-term support.
This critical support is the consolidation box/range from June 2018 through March 2020. This is marked light blue on the chart.
Now, we have strong bearish signals developing and as you can see when you move your eyes to the left... We have 22 years to correct.
Ok, let's start with the signals:
- We have a bearish cross between EMA10 and EMA50.
- Qstick and RSI strongly bearish.
- 4 Months closing red spells doom.
- The other stocks aren't looking good.
The 0.5 Fib. retracement level for the 20+ year bullish wave has been lost as support. That is $94.47. This is a once in a lifetime event.
The next Fib. support level is the golden ratio at $72.24... That's the main target on the monthly timeframe.
If this level breaks, 0.618 Fib., $40 enters the game.
CHANGE
Amazon (AMZN) needs to break and close above $116 monthly for some bullish air to enter the chart.
Any trading below this level and this chart analysis remains valid.
Thank you for reading.
Remember to always plan ahead; long-term.
Namaste.
COVID crash anomaly = BTC 2021 double top anomalyThe 2021 BTC double top anomaly is in my opinion a result of the covid crash in 2020.
Double tops are rare.
This one was the first of its kind for BTC. (gladly correct me if I am wrong)
The double top of BTC on 2021 ended on an almost clean close at the 2.272 fib level.
Most of people in the space know what this fib level represents.
The next bull cycle top is shown on the chart, that said IF we bottom at the current levels.
-Hall
Trade Idea - Gold Bearish Re-EntryFor context watch the Related Idea video linked below.
This would be my idea for an agggresive re-entry into the trade for anyone that missed the first entry.
Price has now rejected the Quarterly level (Red line) and also broken below the purple support zone highlighted on the chart... as price retests this level as resistance now, we can expect that the bearish momentum should continue.
For this re-entry we have adjusted the stop loss to reflect the new Risk to Reward on offer.
POLYCAB!! MAJOR TRENDS!Polycab is a great stock with a good fundamentals.
i have drawn the major trends supporting from its IPO time and from corona's crash.
from past 14-15 months the stock is following the same channel, and has given about no returns.
since it has a good fundamentals and the sales are growing nicely, i see a good upside movement.
but on the flip side, this channel is acting like a consolidation part after the movement given after 2020 crash.
this also says the strength of the stock, which is preventing the stock to fall.
after 20th June, it has kept on rising, and recently it gave a pullback. but its a good stock to now buy, since it is landed on a good trend line, and will now rise further on.
in the couple of months, i see a good upside movement on this stock.
the large blue line which i have drawn is just a speculating line, if possibly the stock gets a good movement, it could go on further rising to that line.
BTCUSD will go lower than you thoughtthe owner of FTX filed a bankruptcy and his other companies then began to collapse.
Other crypto investors experts really seeing 10-12K area will be the new bottom for bitcoin.. even lower is possible but we will see if any bad news are near but there will be.
Also the US economy will collapse soon while the whole US states are seeing the inflation will go even higher than before.
As anyone said bitcoin bottomed we aren’t bottomed yet, the bear market isn’t over. We will see more collapse and another crash… while bitcoin Amid FTX fiasco.
10-12K ground floor bottom for bitcoin.. how far y’all see?
Let me know in a comments and your charts how low will it go.