$DXY Descending Broadening wedgeWatching for DXY as it reclaims and forms a descending broadening wedge, would expect the rallies to die and SPX Bear flag to play out. Neutral but 60/40 leaning towards short, watching key levels
Crash!!!!!
EthUSDT 4heverything is clear on the chart.
eth done a good crash and currently its a strong zone to do a little retest before crashing more... 1080 is the current support for ETH.
and 1340 is Resistance.
BTCUSDT: A1000x True reversal pointHello traders!
Welcome back to another episode with analyst Aadil1000x.
The market crashed hard and I already warned you about this. Traders made huge in this crash but it is not a day to be happy as many traders lost a lot. I was not in a hurry to update the chart but an update of the market was high in demand so I cracked the bottom of this dump.
BTC crashed exactly from my 21429 True Reversal point and it will stop at the 10700 true reversal point, it's nearly 34% away from 16200, and by looking at the speed of drop it might not take time to hit it. But if the market needed the strength to touch 10700 then it will find a good place to accumulate and after that BTC will give a tricky move which will end at 10700.
For those who are new here, I must tell you the true reversal point is one of a kind strategy that detects perfect reversals with pinpoint accuracy.
I must be clear to you that 10700 is not the bottom of this mega fall. It's the bottom of this dump. I also know the exact bottom of this mega fall and I will reveal it soon.
Don't forget to hit the like button and follow to stay connected
Bitcoin Diving Just StartedIt's seems last bearish continuation succeeded, what we can expect now from bitcoin based on last down leg about (-43%) can repeated again for final leg until middle of december!
Targets can be :
TP1 : 17250
TP2 : 14500
TP3 : 12750 or 11700 (flash)
Lets see if history repeated, play it safe don't go crazy always use stoploss!
Have good luck until next post.
Control of congress is very UNCLEARY’all this is huge … during midterm elections the democrats are hoping for no republicans blowout but suddenly it will happen or too close to call.
In congress it’s very unclear and too close to call what it’s going to happen.
But will the republicans blowout will cause an economic crash ? Or how the Feds reserve will react to it because the next interest rate hike decision while the inflation still over 40 year high.
This seems like the crash in USA is coming along with Significant Recession in 2023, the worst is coming
bitcoin flash crash is on the wayBTC has formed massive descending triangle and we are about to see a massive flash crash.
CPI report is also coming on 13 oct, so we need to wait for that report in order to take action. we also need to wait for breakout and retest.
a simple breakout could cause a quick flash crash. i am expecting $10k $btc by the end of this year although anything could happen i will be updating this idea on regular basis whether we are going to break upside or downside.
bearish scenario is most probable at this point.
Binance got bankrupted and bought FTXBig trouble for binance, they had gotten bankrupted it then bought FTX, wait there’s more. Binance the largest crypto trading in a world has a problem of sell off liquidity.. even so remember the big crash from LUNA.. that what happened.
But the takeover is a big red flag for them and cause FTX to collapse as well wiped out over $2billion in value.
For bitcoin it briefly touches the new lows for the year, should expect more collapse and downfall, the bear market isn’t over and the crash already begun.
12K,10K should be a Best Buy opportunity so please don’t miss those buy zone.
why 50% plus 1 day crash in FTT matters for all marketsfinancialized markets all move together in times of liquidity panics. Thats why we must pay attention when we hear of certain market going wild in large percentage moves. FTT token may not matter to everyone, but it matters if it gives us an insight to market mechanics that affect everyone.
Crypto liquidity panics will harm investor trust and sentiment. Losses in any market can also force investors to sell liqduid and perfectly good assets in order to fund other illiquid areas.
Not in anyway advice. But worth watching and observing.
SPY QQQ DIA VT FTTUSD TOTAL HYG AAPL
20K support has been broken|Crash has startedAn update of my last post I had been expecting for 20K support area to break and now it has been broken.
Now the buy going to be very short and then will drop a lot more, not that far to hit back to mid 17K area, then break and go further down.
Bad News for bitcoin.. about a decade ago the Feds had announced that bitcoin $3.36billion has been stolen from illegal Silk Road marketplace, it from the Dark web if anyone is familiar with it.
Bearish target: Mid 17K
Break the support then drop to 15K zone
3rd target 13K; relief rally buy and sell around 16K
Final target 10K even lower is possible
Crash before CPI. CPI will ignite more selloff.Crash before CPI. CPI will ignite more selloff.
Its coming. Winter is coming.
BTCUSDT Bullish Scenario BTC 3HR,
As you can see over here, it's going for the first scenario that we have shared with you over here, I blelieve that it's going to grab some liquidity on this trend, 0.618 Fib and horizontal support level before seeing another continuation to the upside, our R:R will be 1:1. We could also notice that we are building a hidden bearish divergence.
The Depression of 2022-2024In a severe economic contraction with unemployment above 10% and interest rates above 5% ( mortgage rates above 8%) puts the S&P's probable trough multiple below 10.
My projections based off of: the contractions of 1920-1921 & 1929-1933, the current data on manufacturing and services in the USA and around the world, and the money supply.
100-125 earnings per share at a multiple of 10 would put the S&P below 1250 at its potential trough.
Current S&P Earnings projections expect some to no growth, but I expect Q3 2023 S&P EPS to have contracted by at least 50% from levels it reached at its peak.
AAPL trapping late longs left and right with double wrap-aroundsIf AAPL continues downward after another double whammy support wrap-around it could well trigger a collapse to 10k for Nasdaq 100 especially if TSLA goes with it; many are likely to fall for this thinking that up is the direction which makes sense but charts which spent a few years going up for "no reason" can also spend a few years going down for "no reason"
Best and worst case scenario for SPXBest scenario : around 2800
Middle scenario and my target :around 2200
Worst scenario : around 1550
Ladies and gentlemen..The return of risk-off.. Biden and Xi will be desperate to drag the dollar back down.
Equities will follow.
When currency interventions aren't enough, they bring in the big guns.
S&P to hit new low mid-January 2023My first idea, comment if you think I'm onto something or if you think I'm dead wrong.
Since the S&P500 high in January 2022, RSI-50 began fluctuating between low 40s and high 50s. Each RSI-50 interval takes 70-80 bars. Each low and high can be associated with a strong rally or strong drop in the S&P price in the days following the RSI peak/valley. So far, this pattern has occurred twice. Should this pattern continue, I expect the S&P500 rally to continue and reach a local maximum around 4090 in late November or early December. Also at that time, the RSI-50 will be in the low-to-mid 50s, also a local maximum. Then, I expect a drop over the next 45 days where the S&P will lose 17% and hit 3390. RSI-50 will drop to 40 but may continue to decline, along with the S&P price. I expect the S&P to hit 3390 on Friday, January 13, 2023....Friday the 13th, mind you.
If I decide to move forward with taking a position, I will enter when RSI-50 hits 52 and put a trailing stop loss in once RSI-50 hits 43. That way if a rally follows, I can keep most of the gains, but can also keep riding should the price continue to decline. I am looking at buying SH, SDS, and/or SPXU when the time comes.
This idea is not investment advice. Good luck.
BTC bearish continuation in play it is about to crashBTC is creating bearish continuation pattern maybe one more crash are close to happend.
If this patter don't fail we can see btc price betwen 12500 - 13500.
Its good time to try little short from here with minimal stoploss.
AVAX crash -22%hello traders
The avax at the swing point is expected to witness a slight rise to test the supply area
The price crash begins to break the bottom
Global Recession is triggering As USA federal reserve government .. boost up another high rates.. this effects other big indices markets as well across the world.
The 4th time 75 basis points. This triggering global recession ad seems like it is coming. For EUSTX50 WILL DROP HARD .. should expect the bottom at 3000
If it doesn’t hold then 2600 area is a good area to buy.
Trade safe and this isn’t financial advice.
FEDS MEETING WONT BE PRETTYThe big day , the big event tomorrow
November 2nd the moment of the day we all been expecting and waiting for. Turns out they want to blow up the economy in order to take the inflation under control, even so they set to send another 75 basis point … this is the 4TH TIME OF THE MEETING !!!!
This percentage total of 5 percent of hiking aggressive..
This trigger a global recession in 2023.
USA depressions of finance is coming in 2023, and the Feds WONT STOP raising rates not sooner as you think.
We will face and see worse than the Great Depression.
Same as for nas from US30
Should expect even lower than where we were before ..
FOMC FEDS MEETING WONT BE PRETTYThe big day , the big event tomorrow
November 2nd the moment of the day we all been expecting and waiting for. Turns out they want to blow up the economy in order to take the inflation under control, even so they set to send another 75 basis point … this is the 4TH TIME OF THE MEETING !!!!
This percentage total of 5 percent of hiking aggressive..
This trigger a global recession in 2023.
USA depressions of finance is coming in 2023, and the Feds WONT STOP raising rates not sooner as you think.
We will face and see worse than the Great Depression. As for NAS … the crash has already started.
Dow Jones monthly points to WWIII bear trap ruse just like C0V1DThe strong bounce on a confluence of supports--plus the usual "but we've only seen the beginning of the bear market lol" articles--would strongly suggest that the yellow brick inflation road will continue (see both related ideas) and that recent market activity is another ploy to keep retail anxious / confused / short (valid for as long as the highlighted supports hold)
Pain is just starting for crypto - 3k area at play?! for Pain is just starting.
The US treasury bonds are decreasing as the debt to GDP ratio is going through quantitative cumulative tightening resulting in increased pressure on subscription prices and falling demand for butter cookies and other commodities. This will only worsen as the BOJ (Bank of Japan) is issuing rate hikes at a pace of 75 bipperinos per hike, eventually leading to a bottleneck in its economical orbit. This could lead to two scenarios : recessional (unilateral) crash or hyperdeflationary catalytic sme-GMA event as seen in 1945. As of now, any long is destined to be a losing trade. The probability of a bottom across US equities is low as they're indirectly correlated to the rate of growth in Brazilian government subsidized index KRVM4GA , which has been seeing major bearish divergences as the ambassador of Peru declared Brazil to be debt-solvent, meaning that its portfolio of foreign asset is absorbing damage at unsustainable pace, with no sign of improvement until FY2036. Furthermore, FAANG companies are set to launch a global campaign in support of Ukrainians, which puts pressure on Kremlin forces currently controlling the black sea canal ; all of this could lead to a shortage in wheat and forced selling on the BVT-PLU5 index , possibly impacting the life of millions of Europeans, thus directly decreasing their income and risk appetite when it comes to volatile assets like BTC.
Overall, this puts global macro conditions in a dangerous spot as they are set to worsen by EOY, possibly reaching a doomsday-level bankrun scenario.
For those reasons, I will be looking for shorts (and shorts only) until we hit the 3k area (possibly marking the bottom for this cycle).
