GST Down 99.67% if bought 1 year ago. Weekly entry and Targets(Weekly TF) Expecting a recovery for this shitcoin as it's down 99.67% from a year ago. Targets based on actual risk.
Crash
GST Down 99.67% if bought 365 days ago. Weekly entry and Targets(Daily TF) Expecting a recovery for this shitcoin as it's down 99.67% from a year ago. Targets based on actual risk.
LUNA :Will It Experience a New Fall?Recent market analysis, backed by technical analysis (TA), reveals intriguing insights that point to a high probability of a potential breakdown. This analysis depends on the unique view that LUNA, the cryptocurrency, is currently exhibiting.
One burning question on every trader's mind is whether LUNA will experience a new fall, potentially pushing its value below the $0.90 mark.
We will follow the coming time if there will be a breakdown trend on LUNA as the trend is showing at this moment.
ETH - While the masses are BULLISH, Elliott tells you to SHORTTTHey guys,
Been a long time isn't it?
I'm back for new analysis.
Don't worry, the bull rally isn't over, we are just shorting hard in order to have a 50% of bullish variation just after.
I will upload my Elliott Wave long term vision for the different chart that I analyse: SP:SPX ; NYMEX:CL1! ; COINBASE:BTCUSD ; COINBASE:ETHUSD ; FOREXCOM:XAUUSD
I will explain how I count my waves and I found my objectives
FOLLOW ME TO NOT MISS ANY OF MY FUTURE PLANS
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BTW, I am selling a PDF , regrouping all the knowledge I have found on Elliott Waves , from the greatest analysts books, into a clear, simple and explicative way,
Contact me in private, or in comment if you don't have enough reputation point if you are interested
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Don't hesitate to comment and check my other idea
Head and shoulders forming?Using TA, Indicator's, and Elliot Eave theory I show we are nearing a reversal point and soon will drop down (mini crash) to one of the indicated fib ratios. Then the fun begins… that is if your positioned accordingly. Why? Because that completes a giant head and shoulders on the Daily. … which means… more down shortly but one step at a time.
Note: I only use public indicators. Nothing I use in any of my charts is private or modified.
Enormous Descending Wedge on SPY Happy Saturday Ladies and Gents!
As with any other previous posts of mine I like to begin with letting everyone know I am not a professional trader, lol. I'm just a dude who likes to look at charts. I'm really just thinking out loud. Some how my kids aren't attacking me and I'm able to calmly and thoughtfully look at the charts, lol.
A few things to note before you read my thoughts on the SPY’s future price movements.
• I am not factoring in any economic data or potential rate hikes/cuts. This is strictly price action TA – which as you all know is just one piece of the puzzle. There are many different variables the can influence price action – I am just looking at one here.
• Consider that this is a longer-term outlook on the SPY. I believe this likely plays out over the next 2 – 3 months. Late May early June is when I think we reach the target area of low $340's - to be more specific, you can see that the trendline and price intersect at exactly $339-$338. I tried to take into account the time between peaks and valleys of previous price action when drawing the projected path (in yellow) but note it's just an estimate, lol.
Anyways, here we go:
The price on SPY is VERY likely going to continue downward!!!
We are at MINIMUM going to come down to touch that orange trend line. It's just been respected so many times in the past and we are so close to it. - it's like a magnet. Price WILL come down and tag it (maybe there will be a little consolidation before we do though)
I tried toning down the opacity of all the other trend lines so that it's a bit clearer. Essentially it looks like we have formed a giant falling wedge (ultimately a bullish pattern). I mean I do think once we reach the bottom of the trendline around the $339 area, there will likely be a massive move upward and an even larger breakout of this descending wedge.
FYI.... I tried thinking about time. This could happen late April to early June
I'm going to zoom in and bring back into focus the other important trend lines now (specifically the orange one) It's just seen so much action - it's very likely we come down and tag it - even consolidate there for a few days or week.
It's not done fallingI think is going to fail the test of the broken support now resistance. I just opened a short position. The bulls are going to put out a fight but eventually price is going to crash. Hang tight, is going to take some time to fall all the way down. This trade in the monthly timeframe, is highly reliable but takes time.
Back to the basement - Follow up (Tesla)Check my previous post. This an updated strategy. Price looks that is going under again and is going to test (and very likely to break down) the 165 support level.
BTC LONGDeviation is done to the downside , we have LOADS of liquidity not in the downside no more but to the upside . This will be a trade for the books , to remember Forget the news , Fugasi etc and look at your only friend , the charts .
My last bet was to 22k but closed at 21 and shorted to 17,100
This time I think it'll go way longer to 29k or a tap of 30k
Updated Dow Count Looking at 2 scenarios but leaning towards crash wave 3 of 3 being at bat or warming up and getting ready to step up to the plate. There’s an alternate count should the confluence of red lines fail to cap this rally and a horizontal white line in the sand indicted which if exceeded would force a change of view to this is a larger bear rally in play. We’re close to the markets showing us which way this will go.
Previous count invalidated, but if the current count holds true, it’s forecasting a 3 of a 3 wave in an extension. Meaning a crash isn’t far off now.
Get ready for Stock Market Crash - April 24th of 2023 hello traders,
Get ready for Stock Market Crash - of 2023
#VIX is now on a major support and growing consistently,
on the week of April 24th 2023, it will break out of resistance and shoot up.
Therefore, Bulls only have Two more weeks, then Bears will take over, and it will be the Stock Market CRASH of the week of April 24 2023.
I will be liquidating all my Long Trades during the next two weeks, and opening more short positions.
Trade:
Safe - Carefully - Determined
Good Luck and Good Profit
Edward Trader
Moving Water
#SPX500 #SP100 #NASDAQ #CRASH
US Regional Banks: Is the Worst Over?📝The KBW NASDAQ REGIONAL BANKING INDEX is a stock index composed of regional US banks operating in one or several geographic regions of the country. These banks tend to be smaller in size than the large national banks, and generally offer banking services to businesses and individuals in their areas of operation.
Index performance is affected by a number of factors, including the health of the regional economy in which these banks operate, interest rates and regulatory policies that affect the banking industry.
📈 Looking in parallel with the S&P500 index, we see that it anticipated the 2008 crisis.
Now KBW is in a decisive region, at the same level as before that crisis.
The resistance and support levels that delimit this region are in green and red, respectively.
Whether it will rise or fall, I don't know...
For now I'm just stating this fact.
What I can say is that if the index breaks below the red dotted line, it will be an indication that the banking sector could experience more turmoil.
March 31 - BTC, SPX, DXY31st of March has consistently been either: a sharp turning point, a spike in trend action or a calling for a long-term trend reversal. S&P 500 and Nasdaq have followed this odd tendency correspondingly. For a few significant reasons below, I anticipate this year's 31st of March will astonish many of us.
Distinct Timing:
Alignment with KEY economic data readings:
--> Core PCE Price Index (MoM) is the reading. CNN on this index: "PCE, specifically the core measurement, is the Fed’s favored inflation gauge, since it provides a more complete picture of costs for consumers." Currently, it is undeniably the most significant factor which will drive markets to new equilibriums. Factors including: markets' indecisiveness (particularly large institutions); consistent past increases in the core PCE; and unexpectedly high most recent inflation reading in the UK (actual 10.4 vs expected 9.7) - do not make the next reading seem promising for bulls.
--> Eurozone inflation level will be vital, partly due to the mentioned recent surprise from UK's inflation reading. As this could potentially clarify whether the unexpected reading arose from global or solely UK-related factors.
Date Alignment:
1/ Last day of the month
2/ Last day of the working week (Friday)
3/ And of course, the day is March 31st :)
If you have been following my channel you know how much I love spread graphs. Check out the spread chart's indicators (including 50 SMA, 50 EMA, 200 SMA, and 200 EMA) and its formula below.
Same graph (W):
Same graph (M):
The formula:
CRYPTOCAP:BTC*(TVC:GOLD*((TVC:US30Y-TVC:US10Y)*(TVC:US10Y-TVC:US02Y)+10))^-1
Thanks for your time guys! If not for some comments in my last post, I wouldn't have found an error in the formula! So, please comment with any questions, ideas and opinions.
XAUUSD LongAttention traders!
We are feeling bullish on XAUUSD and wanted to share why.
With the current economic uncertainties and inflation concerns, we believe it's a wise choice to look at gold to hedge against bank runs, higher currency fluctuations, etc.
Our analysts have also identified strong technicals, as seen above, with XAUUSD currently in a strong uptrend and showing potential for further continuation. We are closely monitoring a key price level to enter a long position, and we plan to hold it for the mid to long-term.
As with any trading, there is always risk involved, but with proper risk management and a solid strategy, we believe the potential rewards outweigh the risks. Join us in investing in XAUUSD and let's make the most of this opportunity.
Let's discuss your opinions!
Euro to CrashWe're still anticipating one more low for the Euro against the Dollar. As you can see the move down in the last few weeks has been 5 minute waves down to make a minor wave 1. We moved quite sharply up last week in what looks to be a blowoff top to finish the minor wave 2 and we anticipate a very sharp move down over the coming weeks to complete a minor wave 3 taking us back towards parity. shorting from current prices should provide a very nice return over the coming weeks and months. It seems traders have become overly bullish on Europe and this is likely about to change, with Credit Suisse and now likely Deustche Bank about to go over the edge as well, the European banking system isn't as strong as the ECB will have you believe and with Putin making moves to escalate the war in Ukraine further still by moving tactical nuclear weapons into Belarus the sentiment might be about to change. In addition to this we are forecasting that the US economy will continue to show more strength than the EU's and inflation looks to be on the rise again globaly, the Fed will likely continue on their path of rate hikes or at least maintaining the 'higher for longer policy'. All of this leads us to believe shorting the Euro will turn out highly lucrative in the weeks to come.
I DON'T SPYLooking for SPY to test 50% retracement from Covid lows to the highs. will be in the $360 - $350 range. Should support fail there, which I believe is likely, and then be confirmed by volume next target is $317. Ultimately I do not consider it out of the question a possibility of $247
Financial Crisis 2023 Firstly,
September 2007 - Lehman Brothers collapse
March 2023 - Silicon Valley Bank collapse
Asset correlations (bottom pane):
Gold ( red ) - on a slow rise in 2007, same as today
Dollar strength ( blue ) - bearish in 2007, same as today
Nasdaq (orange) - bearish in 2007, same as today
Indicators' inference :
The top pane shows a logarithmic version of an indicator called MACD leader (zero lag). 2006 - 2007 and 2022 - 2023 have so far been the only years which produce inconclusive monthly signals since 1988.
The middle pane's aim is to signal simultaneous movements of securities and spread graph equations. Each line represents the correlation coefficient between the main chart and a financial instrument. Spread graphs attempt to illustrate peaks in inflows/outflows from equities --> safe heavens through correlation.
Similar to spread graph equations, the idea of accounting for the movement of capital to different assets was applied to make the main chart:
TVC:IXIC*10000000*((TVC:US30Y-TVC:US10Y+TVC:US10Y-TVC:US02Y+5)*TVC:GOLD)^-1
Finally,
Current Retest(D):
Same chart - Longer Period (3M):
Feel free to drop a question. Thanks for your time!
GME moon soon?if earnings is good, and 2yr swaps are real and they expire end of march, then let's see
S&P Market crash (spy)Will keep it short and sweet, Ive posted in the previous a parabolic curve break of SPY. Notice a harmonic patter forming after a failed retracement (Point C) of the .236. Until that breaks (can ultimately run to $460 and still perform this bearish outcome) Point D can bring SPY to $240. Also meeting the .886 Retracement.. to the dot.
Fed Will Try To "Save The Day", But To No AvailRegarding my post back in November 2022, we couldn't even muster the strength to get to 4,300.
Let's face it, we're in rough shape. The Fed will try a few emergency tactics here in the coming weeks which will likely give us some relief in the near-term but the writing is on the wall.
One last suckers rally so the sharks and whales can absorb some of the tax refunds coming this season then as we head into May it's looking bleak.
Big head-and-shoulders forming, let's see if it plays out...
GS Goldman Sachs exposure to Circle and USDC !!!Goldman Sachs has been a significant investor in Circle since the company's early days.
In 2015, Goldman Sachs participated in a $50 million funding round for Circle, alongside other investors such as IDG Capital Partners and Breyer Capital.
This funding round was notable for being one of the largest investments in a bitcoin company at the time.
Since then, Goldman Sachs has continued to support Circle, participating in subsequent funding rounds and providing assistance with the development and adoption of Circle's products.
In particular, Goldman Sachs has been involved in the development of Circle's USDC stablecoin, which is pegged to the US dollar and used for a variety of purposes, including facilitating international payments and enabling decentralized finance (DeFi) applications.
In addition to its investment in Circle, Goldman Sachs has also shown interest in other areas of the cryptocurrency industry.
In 2018, the investment bank announced plans to launch a bitcoin trading desk, although these plans were ultimately put on hold due to regulatory concerns.
Nevertheless, Goldman Sachs has continued to monitor the cryptocurrency industry and explore opportunities for involvement in this rapidly evolving market.
And I think there are new information about to be revealed about Goldman`s investments in Circle and cryptos!
If you want to buy Puts, here are my favorites:
2023-6-16 Expiration Date
$310 Strike Price
$14.40 Premium
Looking forward to read your opinion about it!
This could be its endPrice is testing the broken support, there is too much resistance to the upside. This is a good moment to open a short position, I don't think this one is coming back anytime soon.
