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WALL STREET (DJI) - IN CRISISBRACE! Anything can happen in the next few days. The DJI is at a critical zone on the weekly. 'Everybody' is waiting for more QE and lowering of interest rates. In other words the FED is likely to blow the bubble even harder. But there are crises in the bond markets and currency markets that weigh on this market. So fear is not just about stocks in the market itself. Disclaimer : This is not a recommendation or encouragement to trade securities. Your losses are your own.
FOREXCOM:US30
by Captain_Walker
2
OIL: Potential trouble aheadSeveral important things converge on UK Oil price (on weekly chart) creating probabilities for the south on most lower time frames: 1. Original Grade A ATR switch for the south. 2. Bullish rebellion into a near 61.8% Fib 3. Weak squeeze momentum rebellion (so far). 4. Horizontal zone of congestion near recent price. 5. VMA resistance level. Note that VMA and ATR resistance are each more powerful than ordinary horizontal resistance/support. But now we have confluence of ATR and VMA levels. Nothing in this snapshot analysis means that Oil price cannot go north. There are no predictions here.
TVC:UKOILShort
by Captain_Walker
AUDJPY: Watch this - don't kick yourself!AUDJPY is in a critical zone on the 3D time frame. This is one to get ready to short, on a lower time frame. Price is struggling in the congestion zone, which contains a heavy bearish investor sentiment. This does not mean price is bound to head south. It means that the probability estimate from this time frame is for the south. For every probability in one direction, there is a residual probability in the opposite direction.
Short
by Captain_Walker
1
AUDNZD (1D): Last chance - last dance.I see AUDNZD near a critical ATR trend indicator position, just above an 'investor zone' and in a critical congestion zone. The probability is usually for the south in this situation. This is not a prediction. As this is at the end of long trend south. If it moves south at all - I do not expect much travel south before rebellions north. Price sometimes rises above the ATR indicator before falling back under. No guarantees - only an opportunity for a controlled loss (aka stop-loss).
Short
by Captain_Walker
The moment of truth for The King Bitcoin and ALTcoinsBitcoin is very close to a major trend line, this line has acted as strong resistance and support for the last few years. A break lower of this line would mean for me a longer downtrend to approximately 3500 and a next ATH by the end of 2019 / Q1 2020. Are we ready though for such a long term 'quiet' market when there are so many exciting news in the world of cryptos and multiple fiats currency in real trouble? Things are moving very quickly in this industry and regulations are catching up real fast which is good for this space. I think the 2014 price movement won't happen again for this cycle as long as we keep above this major trendline. At the moment Bitcoin is going sideways and needs some major news to either push the price lower or higher. Coincidence multiple ETF decisions around this time? I don't think so... Many people expect the coming ETFs to be denied or delayed after the Winklevoss twins bitcoin ETF was rejected and the VanEck-SolidX delayed but I think we might have a surprise! The Proshares ETF is underpinned by bitcoin futures contracts which have been approved by the SEC so this one has a great potential to be approved. This would definitely lunch a new bull cycle and would keep the party going on (oh and keep alts alive!).
BITFINEX:BTCUSD
by Poukitoun
5
Be Aware Of THIS Critical AreaIn the last few days we had a very parabolic move, which is very unnatural. It all reminds of the rally up to $20000. Accordingly, I would watch out for the euphoria that currently prevails. Because the game could change very quickly in Bitcoin in the other direction. The critical area I have marked serves as a very large resistance. Until now, it has proved to be a direction indicator for Bitcoin. Either we rebounded from there without any problems or had to form a flag before or after to break them. Since many coins are in the meantime, I would be careful. I also do not want to say that Bitcoin will bounce 100% there. I just want to warn you hereby. So watch out for this area, because this could be a very good point to short. Together with $11000 the $9800 range is the biggest resistance for Bitcoin and since nobody has this area on the screen, I could well imagine a sharp move down there to trap everyone.
BITFINEX:BTCUSD
by PermaB
18
BTC Update 25 MAR. HUGE critical area.Imminent approach to $8400-$8470 is coming for bitcoin. After that, it will enter a critical area of huge proportions. Basically it can go anywhere from there. Personally, I WILL stay as far away from that area as I can. There are three major scenarios at play here: S1) GREEN ELLIOT WAVE It will reach 8470$ and bounce back up 'thus confirming the GREEN EllliotWave Must barely touch critical area no. 2) S1.1) OR it HITS $8600 area and bounces dwon again,'thus forming scenario S3) S2) YELLOW ELLIOT WAVE HUGE Second EW to be made. Can start anywhere in critical area no. 2. S3) RED ELLIOT WAVE This might just be another ABCDE correction, which is forming a descending triangle. Higher bounceback area might produce a ascending triangle, but it would be too messy to chart. Also might start in critical area no. 2) S4) ALL ELliot WAVES FAIL. (highly unlikely scenario). And we are returning to $7300 S5) Not everything fails and yellow EW bounces back at $7800 to make a nice 3rd WAVE. (but I doubt this one as much at S4 ) Critical Area No. 1 is where the fun starts. Either will stay in triangle trend, or it will break to form Elliot Wave. Make sure to follow me here, for more updates on this chart.
BITFINEX:BTCUSD
by reynar