REST IN PIECES, FILECOIN! Shorting 7x here, expecting $0.10!REST IN PIECES, FILECOIN! Shorting 7x here, expecting $0.10!
AWFUL CHART, WORST CHART IN CRYPTO RIGHT NOW!
Mega shitcoin of epic proportions. Hope you listened to me and shorted with me!
Crash!!!!!
Scenario: Market Crash Coincides with 2024 Presidential ElectionJust for fun:
Here's a scenario where a 2024 market crash could coincide directly with the upcoming presidential election.
The crash would be self-evident right around the time of the two party conventions and the first presidential debates (if those actually occur).
The crash just starting This is a huge bull trap in history as I was wrong about the push up but expecting for it to happen but overall the bears win this one.
$95 is the neckline if that breaks then the bears will fully dominate the market so if the buyers pullback inside the 45$ zone if fails then we will drop all the way down to $20 and it’s possible to go a lot lower than that.
This is a huge concerning for the bulls and there’s no way we will see a bulls coming back soon since now bears are dominating for now.
To me right now is the crash is barely about to start.
Bears target : 45$
Bears target 2: 20$
If bears aren’t satisfied enough then we will break lower than $20
Is Filecoin Going to $0.10 (10 cents)? 99% Crash Coming?Is Filecoin Going to $0.10 (10 cents)? 99% Crash Coming?
Filecoin had a BIG TIME rejection. I have warned people! But they alufed at me.
I think filecoin can go to $0.
If you have bought filecoin above $10, chances are 99.4% you will never even break-even, which is shocking considering some people have bought this at $230!
The fact that this coin was $230 and today can't even be $10 after massive bull run, speaks volumes! $0.10 is realistic!
BCH update [ MAJOR LIQUIDATION]At the moment, price is still retesting the current midvwap, but as soon as price break below 215$, sells towards 150$ come in play. On the other hand, price can still retest the current high at around 260$, but only if price manages to break above 290$ we shall start looking for buys continuation. Until then sells are more valid than buys, simply because liquidity has to be mitigated first.
BTC update [MAJOR MOVE INCOMING]Once price respects the current high that has been formed at around 46k, once price breaks below last mitigation of this current demand, we can definitely look for sells towards 40k, 35k and even 30k, depending on future data. On the other hand, a break above this current high is still posiible, but only a strong breakout above 48k will confirm buys continuation. Until then sells are more probable.
DJI Dow Jones Fell 8.60% After the Last U.S. Credit DowngradeOn Tuesday, Fitch Ratings downgraded the US debt rating from the highest AAA rating to AA+, citing concerns over "a steady deterioration in standards of governance."
This downgrade occurred in the wake of last-minute negotiations among lawmakers to secure a debt ceiling deal earlier this year, which posed a risk of the nation's first default.
Following a similar credit downgrade in the past, the DJI Dow Jones Industrial Average experienced an 8.60% decline over a period of 3 months. The downgrade by S&P, one of the three major credit rating firms, took place on Aug. 5, 2011, after another significant debt ceiling battle.
As of today, the U.S. 10-year Treasury yield has risen to 4.15%, reaching its highest level since November 2022.
If we are to fell -8.60%, the Price Target for DJI is $32500.
Looking forward to read your opinion about it!
XRP - THE ROAD TO 1.20-1.30$ EXPLOSION FOLLOWED BY CORRECTIONXRP is holding 0.55$ Support area after the recent liquidation.
If it maintains at this level, we can continue with the movement and climb up towards 1$ at least.
The conservative de-risk play, would be around 1.07-1-13$ . While most ambicious one is around 1.20-1.30$.
This triangle is in play and we are in PHASE D. This is why is still have this impulse left towards a dollar and above.
After that, I can say we may visit again the 0.60 territory. This may sound crazy, but this is how the overall cryptomarket is looking.
We are in the Wave 3. Once this finishes, Wave 4 corrective, A,B,C comes. Therefore, we must prepare to capitalize even more.
**PREPARE NOW. GET INTO POSITIONS. HOLD AND DO NOT DOUBT**
XRP HOLDING CRITICAL SUPPORT! LAST SHAKE OUT BEFORE 1.13$After the critical liquidation that took place today, 03/01/2024, XRP is fighting to hold the 0.55$ support.
IF XRP manages to close the daily higher than the GREEN trendline, at around 0,55$, we are good for continuation and the continuation of the automatic rally.
This recent crash was to liquidate retail investors due to the recent immense increase in the Altcoin market.
Do not get distracated. DO not doubt about the current situation. They want you out for whats to come in the next 1-2 months.
XRP is set to reach at least 1.07$-1.13$ in the upcoming days, maximum reaching 1.30$ if it overextends.
This is time for accumulating more XRP. Don't lose focus!
Cheers!
BITCOIN LIQUIDATION EVENT 01/03/24 - ALTCOINS MASSIVE GAINS OP!Today we've experienced a crazy liquidation event in the Crypto Market.
Bitcoin moved from 45k until 40-41k depending on the exchange.
Altcoins lost 20-40%, but many of them already recovered half and some up to 100%.
ARB, GMX and ENS did pretty well.
Right now, as long as Bitcoin holds this ORANGE TRENDLINE that goes back untli January 2023, on a daily closure, we are fine for continuation.
Targets: 47-48K
We are close to the near of the Wave 3. Wave 4 correction is near.
Right now the best plays to buy Altcoins, since many of them still have to appreciate on value in the comming month.
Altocins to watch:
XRP
THETA
FIL
XLM
IOTA
MATIC
Bitcoin is crashing and nobody listened Bitcoin is crashing and over negative 5 percent.. this is a dominating of the bears to take over and this is the biggest bull trap in crypto history.
ETF SPOT CAN BE REJECTED !!!!
Because SEC said “ if we don’t see it within more than 2 weeks , it’s more because they need more time” and also said “This would be the rug pull of the decade."
“Everybody put in a lot of work in this, especially over the holidays. Sadistic might not even be strong enough a word for it.”
See you at 10K y’all and this news is HUGE.
Godzilla Crash For Filecoint Shitcoin Number 1Godzilla Crash For Filecoint Shitcoin Number 1
I warned you but you didn't listen.
You were smug and told me I am fool because it wnet up $1.
Now the time for reckoning has come!!
BTC will make Pain to All BullsAs it turns out, we have reached a resistance level located within a 2-layer channel structure. It probably seems only fair to inflict some pain on the bulls who took positions long before the ETF arrived.
Filecoin Crashing Hard – TOLD YOU SO!As I type this, filecoin is crashing hard and has formed a clear double top on the hourly chart.
I have been the only one warning you about thit shit show of a garbage shitcoin and now I can say: I TOLD YOU SO.
Biggest bull trap just hit.. coming big crash for bitcoin? Halving is coming but overall bitcoin can crash before the halving even during ETF event approval or during it.
Bitcoin doesn’t have much support as you see you and it is not enough; on 1Day chart it created a double top.. if bears are still in control then it’s possible can go a lot lower than 40K even 30K.
The bottom I see still is 10K area but it’s possible can go lower than that.
Bitcoin is extremely overbought..in about 2 weeks the Euphoria is going to die out.
Filecoin Rejected; Another 80% Drop Coming?Filecoin showing EXTREME WEAKNESS.
While most other DePIN projects have pumped, Filecoin has failed to do so.
It keeps rejecting around $6, which is a BAD OMEN because every other coin has had no problem breaking through resistance.
It's unlikely Filecoin will breakout because altseason is over and bitcoin is about to see a major correction.
If you bought Filecoin above $10, chances are you will never break-even, let alone make a profit (the ATH of this shitcoin was over $200!).
Maybe Filecoin will reach $10-$12 as the TOP FOR THE NEXT BULL MARKET, when Bitcoin is $200,000.
I expect another 80% dump for Filecoin!
Huge Filecoin Crash Coming: Target $1While other coins have pumped massively for the past month, filecoin keeps struggeling with a major resistance. This is extremely bad when the rest of the market is pumping and breaking resistance after resistance with extreme ease. Since the market is poised for a correction, and since filecoin is pausing at major resistance for the 4th time, the chances of an epic CRASH are incredibly high (99% likely). I expect filecoin will crash another 80% soon.
Why Fibonacci Works along with Ichimoku - $SPY - ExplainedYou read a lot about Fibonacci and realize it's everywhere but you doubt it. It is too good to be true. I present the chart where it shows that you gotta believe it. Well let's put it this way. If some believe in Fibonacci and trade accordingly it will move the market and that is exactly what happened today. I am still long on AMEX:SPY (I have gamble puts expiring Feb)
Still long because it respected the support. I believe it will be range bound as 476 is a huge resistance because if it crosses that it has to fly, There are lots of headwinds and the market has already built in the rate cuts which may come sometime later. One thing to note which no one is talking about - If there is a rate cut what does it tell you about the economy!
AAL THE AIRLINES look like they are about to land.. nose down. These trends are some of the worst I've seen, or on the flip side, some of the best trends I've seen to short.
I think AAL is going to file for bankruptcy.
BITCOIN - Very likely to go down from hereBitcoin is making its final move to the upside, possibly reaching 48k, but it's a gamble. The altcoin market is experiencing its last pump, aiming to drive the Fear and Greed Index into the 80s.
BTC has been on the rise for 90 days now, typically signaling that the top is approaching. Bitcoin tends to follow a 60-90 day pattern; it doesn't have to be precisely 60 days to indicate a bottom or top, but it's generally within this range.
Anticipate Bitcoin reaching a bottom between 60-90 days after the top of this rally.
A correction of 20-30% is likely, potentially bringing Bitcoin's price to around 35-32k.
While nothing is 100% certain, calculating time frames like this is crucial and often proves effective.
Visit TradingView and see for yourself. Previous cycles also tested the 50% zone, rejecting it 1-2 weeks later; this may recur. The current 50% level is around 42k.
A close below this would be negative for BTC.
🔥 Bitcoin Liquidation: No Worries Here!Last night, BTC fell around 8% in a very short period of time. Sadly, this doesn't come as a surprise after a massive move from 27k > 44k. Investors are piling in with high leverage, which makes them prone to liquidations like the one of last night.
These liquidation events have happened a couple of times in the last few weeks. Every time they marked a local bottom, after which the price continued to go up. It's likely that the liquidation even from last night was a "necessary evil" to wipe out over-leveraged traders and clear the room for a more stable uptrend.
Furthermore, the price reversed strongly from the diagonal support line on the chart. As long as we're trading above said support, the bulls are in complete control. My 48k price target still stands.
$SPY $SPX The next 12 months new ATH Then CRASH?AMEX:SPY CBOE:SPX The next 12 months
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It's looking like this rally is set to pullback before one final push higher to the 480 area to create a Double Top
That's 5% higher from current levels plus whatever pullback we get now
Then a CRASH📉 of at least 35% even more for the #NASDAQ
SPY could go higher than 480 but I'm not seeing any institutional positioning above that yet and there is a whole lot stacking up below
There's a lot of talk on here about crashes📉 and melt ups📈 but the bottom line they are all just opinions including mine
Make decisions based on what price is doing and be prepared if things line up as I have laid out
What do you think the market will do in the next 12 months?
Does this scare anyone, or nah?Has this rally been the "complacency" rally? Jim Cramer recently tweeted how much BILLIONARES should be kicking themselves for not being part of this monster rally. Is this just a giant lower high/bull trap and are we already rolling over into the Great Depression 2.0 or ughem, a Great Rest?
