NIFTY WILL CRASH BY THE END OF THIS WEEKthe amazing bull run of nifty is almost over. By the end of this week or since next onwards nifty will crash just like it had happened before probably with huge gap-down opening too. Nifty has repeatedly failed to break this trendline before and this time will be no different. History does not repeat itself, IT RHYMES
Crash!!!!!
SP500 Black Swan Event Incoming!Following on from our alternative account which has now become our primary count we have cleaned up the chart and think we are very close to the top of this B wave, as retail traders and the media are turning bullish on the stock markets we think it's a matter of time before the rug is swept out from under the bulls feet and we come crashing down to our target of 3200. A 1300 point move from current prices! What could spark such a sharp move? China invading Taiwan? Inflation staying stickier than analysts expect? Moving into a negative growth environment? There are plenty of things that could spark this move, what it will be is anyones guess. All we know is if our analysis is correct this move will be very sharp and catch a lot of people off guard.
🔥 Making A Bearish Case For Bitcoin: 2023 Top Is In?In this analysis I want to take a look at a more bearish crypto outcome for 2023. Note that this is not my most likely scenario. However, I think it's valuable to look at the market from different perspectives to construct a better view of the market.
As seen on the chart, Bitcoin is potentially trading in a bearish symmetrical channel. Note that the top purple resistance is an exact copy of the bottom purple support. BTC has been consolidating below this huge resistance for several weeks now, so there's always the potential that the price will reverse and we will go down.
Personally, for BTC to truly get bearish, I want the price to fall through the yellow diagonal support line. As long as we're above it the overall long term market structure is very bullish. Consequently, a break below would be alarming.
Do you think Bitcoin has topped? Or are we going up? Share your thoughts in the comments 🙏
Polkadot going to $0,50? Polkadot dead?Polkadot is one of the worst performing altcoins.
On top of being a poor performer during the bullrun (compared to other coins), it is also the worst performer during the bear market.
It appears interest for polkadot has disappeared.
Polkadot has been in a downtrend for nearly 2 years. Downtrends tend to continue trending down until they continue up. There are no signs of a reversal. Based on the past history, it is possible polkadot will drop another 90% from its current valuation.
The chance of polkadot reaching its old all-time-high is, based on current situation, only 0.1%.
US Collapse is just starting Biggest crash is coming ..
NAS100, SPX, US30,EUSTX50… etc just reached the recent highs but it not going to take much more of it.
US reached over $32 trillion for the very first time and this isn’t good for the economy as global depression is coming near.
The crash is going to be even worse than 2007-2008.
We will reach further and a lot further down as we know it.
This isn’t financial advise
US Debt reach all time high Not financially advised.
The collapse is already starting as all just reached the recent highs of 2021.
As US debt just reached over $32 trillion for the very first time and this isn’t good for the economy as soon the US economy will collapse and recession is already near.
BIGGEST CRASH IS COMING Not financially advice about this. Global depression is coming near and the recession will be a lot worse than 2008.
USA reached new all time high debt; the economy won’t approve this.
Overall inflation is slowing dropping but the economy globally isn’t in a good shape about this.
Yields are Yelling: Recession is comingIt looks like we are turning over.
Coupled with gigantic short positioning of speculators on bonds (highest in history bsed on the COT Data), the chart indicates that yields will fall again.
Why would they fall?
Because of a flight to saftey and/or a recession.
I am keeping it very simple, I just buy Bonds via ETF. I am long TLT, IEF and SHY.
With that trade, I am also long USD, since my native currency is EUR.
If we have a weekly close above 3,5% on the US10Y, I will exit my positions.
It might also be lucrative to go short stocks now, but I wont do that too much.
This might be a great trade, but I am viewing it as a set up for an even better one.
We might get a great opportunity to buy stocks soon.
The most important chart...What are the conditions we need for a crash?
In my opinion we need to see these conditions coming together before we can say that we are in a crisis environment.
History showed us that before we had a crisis we 1. first saw the yield curve (US 10 year bond yield - 2 year bond yield) inverting.
2. then we saw the unemployment rate rising.
3. the yield curve steepend again.
Then the SPY had a significant correction or a crash.
So currently one of three conditions are active. The inverted yield curve.
Unemployment rate is slowly rising.
The market is still very strong. Don't step infront of a high speed train.
XRP Bearish Pennant Price TargetIf you haven`t sold XRP here:
Then you should know that it appears that XRP has reached the price target associated with the double bottom pattern, which is a significant milestone. However, the formation of a bearish pennant pattern suggests that a retracement to $0.18 may be in store.
Looking forward to read your opinion about it!
🔥 FED Pauzing Interest Rates Is NOT BullishAs of a couple of minutes ago the FED has announced that they will pauze the interest rates and not hike any further. Since rising interest rates seems bearish for markets, a pauze is often a much more bearish signal.
As seen on the lower chart, once the FED pauzes the hiking cycle ('flat mountain top'), it has often signaled a stock market crash in the not so distant future.
With the most recent pauze, one would be cautious for the future at the very least.
Do you think a stock market crash is coming? Share your thoughts🙏
BNB: THE FALL TREND OF BNB below $200According to the latest study, there is a strong likelihood that BNB (Binance Coin) will experience a downward trend, potentially reaching a new low within a short period of time. This prediction is based on the previous trends of BNB, taking into account technical aspects of the cryptocurrency.
As per the update, it is expected that BNB will drop below the $200 mark. The analysis of BNB's price history reveals that it started at a value of $8, and since then, there has been a significant increase in liquidity volume. However, when a considerable portion of this liquidity decreases, it can have an impact on the price movement of BNB.
This is not trading advice, manage always your trades and risks well.
Nifty 50 Index: A Dramatic Crash Ahead?Technical Analysis :
Unveiling the Mystery: Understanding the Actual Value Zone in Stock Trading
In simple terms, the Actual Value Zone represents the price range within which retailers trade a stock among themselves. Let's take an example to understand it better.
Imagine there is a continuous supply of 10,000 kg of potatoes in the market. This keeps the potato prices stable because the demand is met by the supply. As a result, the price remains within a certain range, indicated by the blue zone on the chart, depending on the time frame we are considering.
Now, let's imagine a business person or institution who wants to make money from potatoes. They disrupt the supply chain by stocking a huge amount, let's say 50% of the supply. This sudden decrease in supply causes the price of potatoes to double until the next cycle of 10,000 kg of supply from farmers.
This situation often leads to a green candle, symbolizing a surge in market demand. As a result, everyone starts buying potatoes, and with the help of retailers, the price of potatoes can increase up to four times the original price.
At this stage, the business person or institution has stocked 50% of the potatoes, and the retailers have also stocked 50%. The institution wants to accumulate more potatoes from those retailers who are unwilling to sell. To achieve this, the institution supplies a small number of potatoes, causing the price to drop slightly. This tempts some retailers to sell their potatoes, which the institution buys again, creating a situation known as Bearish Divergence.
To summarize this story, initially, the actual price of each kg of potato was 10 rupees. It increased to 20 rupees after the institution stocked 50%, and then further rose to 40 rupees when retailers also stocked 50%. The institution makes money by selling their potatoes bought at 10 rupees for 40 rupees, which leads to more potatoes being sold at higher prices. Eventually, this increases the supply, causing the price to drop back to its original value.
This story illustrates a fundamental principle underlying the stock market and other assets worldwide. Retailers, with their limited resources, have minimal influence over price fluctuations. The market is driven by various factors, including manipulation by institutions, creating a complex environment for trading.
And a successful retail trader must know when the institution is going to sell or buy !
My next move : I'm patiently waiting for a significant breakthrough moment. Interestingly, it seems that institutions are deliberately keeping the market steady at a particular price level. However, this is actually a strategic move on their part. They are waiting for the market to reach another price range before starting to sell. When they do, I plan to follow their lead and sell my assets as well.
We greatly value your comments and feedback, as they play a crucial role in our continuous improvement. We invite you to share your technical analysis, as it contributes to creating more opportunities for inclusive learning. By sharing your insights, we can foster a collaborative environment that benefits everyone involved. Thank you !
S&P500 and US stock marketThe medium- and long-term forecast of a serious fall remains in force , but so far there is no confirmation of its beginning, we are focusing on the above levels. Technically, we can still show a small increase, fundamentally the situation is unstable and the fall can begin at any moment. There are serious problems in the banking sector , the prospects of a recession . In previous reviews, the inversion of the yield curve (US government bonds) was mentioned more than once, at the moment the situation is only getting worse. Sooner or later, it will begin to return to a "normal state", which will be the beginning of an sharp phase of the crisis.
BTC Bitcoin Bad News | SEC has filed 13 charges against Binance!Binance and its co-founder Changpeng Zhao (CZ) were sued by the U.S. SEC on 13 different charges. The commission claimed that the defendants mixed together user funds worth billions of dollars and pointed out that the money was sent to a European company controlled by CZ.
The commission stated that Binance established its U.S.-based entity, Binance.US, as a means to protect the exchange and its CEO, with the intention of evading law enforcement. However, the regulatory body referred to Binance as an unregulated international exchange.
In its complaint, the U.S. SEC identified BNB, BUSD, SOL, ADA, MATIC, FIL, ATOM, SAND, MANA, ALGO, AXS, and COTI as securities and accused Binance.US of facilitating their trading.
Binance CEO, CZ, characterized the allegations made by the commission as "an attack on the entire industry.
I expect that BTC Bitcoin will complete the Head and Shoulders bearish chart pattern and reach $23000.
Looking forward to read your opinion about it!
Big waterfall sell off coming WARNING; IF YOUR STILL IN BUY PROFIT… GET OUT!!
This is very dangerous sight and solana had failed plenty attempts to meet back 30$ but the big fall from the sell last year was a monster.
It met from 27$ and consolidated.. bearish sell pressure is getting heavy like a rock.
Should expect the big fall … this is a beautiful sell.
Target I see is 5$ but possible will be the bottom for solana; if not then a bit further down basement is 2$.
Ether two will be the bottom.
There’s no turning back of this crashis Debt ceiling deal isn’t over yet… but we all know what’s coming of the big drop. Since passed the resistance and support are breaking slowly.
This could we even worse than we think, use caution and your still in profit ( GET OUT!!)
We are about to head to Denial path sooner or later.
I warned y’all about this and I knew this will happen
Target is 700 but 400 I can see as the bottom
US economy collapse is coming ? Economy collapse will be coming as soon as we know it.
The government default is coming but they made a deal about the debt ceiling. Is it good or bad ?
It’s bad for the economy yall it’s not good .. we might expect to see US collapse until the ceiling broke and inflation will rise, which means Powell has to do 25-BSP or maybe 50-BSP..
Overall USA ran out of money but they raised it up billions of dollars more which means student loans payments will be reinstated and more.
Honestly I don’t really like the sound of this and this will put us into a recession
High Risk for the Coming WeekExpectation is the white path, if we breakdown around June 9th then it will tank to 3700s by end of June
If downside isn’t explosive and takes longer than end of June it will likely bounce (dashed path)
Max upside I see is 4310 but it has the setup to drop from here directly on a sell the news June 1st when debt ceiling gets raised
Any delay in a deal will be bad. I think the NASDAQ is going to lead the way down due to its increasingly unstable setup
279 by end of JuneSimplest chart I will ever post, pay attention to the stochastiRSI here. This is coiled for explosive drop - it will be termed a crash but its really just a test of breakout level from Oct-Dec2022 that never got tested as support.
The weekly RSI overold and outside bollinger signaling overextended.
These are just supplements to indicate its about time for the drop. I have too many lines on my chart currently to post with the drawings enabled lol.
A lot mrore went into the 279 prediction but here is summary:
- Breakdown level is 324-326 (will test next week)
- break below will drop it to test 302-310 (likely will get attempted bounce there and rejection around 315 before main portion of drop)
- Target = 279 (earliest this will be realized is 6/16 - 6/23)
If the crash is not as drastic as I'm expecting it will still reverse here but take longer to hit targets.
Roof here is 349 (.618 off Jan 22 high)
This is a wave c of B of IV, the drop will begin wave C of IV - these have the characterictic of being very explosive and are often termed "crashes" when they occur.