BTCUSDT - BINANCE - 1HR - Dead Cat Bounce #2changed from 15min to 1hr and charted the prior bounces.
Dead-cat
Opportunity to Sell GBPNZD's Dead Cat Bounce The GBPNZD pair appears to be forming a new Dead Cat Bounce pattern, which typically signifies likely bearish reversals.
An opportunity to sell around 1.94500 (previous swing high) may emerge, provided that the price rebounds from the 50-day MA (in green) and 100-day MA (in blue) for a second time. It did the same during the establishment of the first Dead Cat Bounce.
If the price breaks down below the support at 1.92000, then the subsequent dropdown will likely test the psychologically significant support level at 1.90000.
New Zealand's CPI numbers and UK's unemployment data, both scheduled for publication on Tuesday, are likely to cause heightened volatility. This could serve as the catalyst for the expected bearish reversal.
Bulish Divergecne on HBAR - 17% potencial gain Bulish Divergecne on HBAR - 17% potencial gain
Also Bullish Gartley.
Let's see how it's plays out.
QQQ very clear 5 waves down - The 'A' wave may be finished QQQ 5 waves down - the fib extensions measure out cleanly.
Because it appears there have been 5 waves down this implies it is the A wave of an ABC correction.
Now will watch for the B wave up dead cat bounce, before the c wave finishes it and could bring it lower.
There is another more bearish possible count here but wont post that just yet. If this ABC is the pattern that has started it, could play out something like this.
Many other tickers have this similar 5 wave structure down.
Look at the perfect bounce on this monthly candle level which was the monthly open for september 2020.
Volume climax.
Getting into oversold areas.
VIX never really spiked on this first drop...
Bigger fib extension long setup (yellow and red lines) could take this to the green target at 362 as long as the red line holds.
The more bearish elliott wave count would invalidate the fib setup.
TSLA very clear 5 waves down - The 'A' wave may be finished TSLA very clear 5 waves down and measurement levels are clean.
5 waves down is corrective and has 2 possible outcomes, this being the less bearish of the 2 and i lean towards this more conservative count for now.
It looks like tsla has put in an A wave of an ABC correction, and its very possible the A wave down is done.
Looking for a B wave bounce to start soon.
Other tickers as well as the QQQ have very similar 5 waves down.
Price bounced at the 50% fib of an extension fib setup. The longer term target for this fib setup is 1068 as long as 465 doesnt break.
Trendline Support.
Volume climax at lows.
RSI and Stoch oversold.
Watching for the start of the B wave up. Resistance into recent supply levels would make sense possibly up to 840.
Will Bitcoin Bullish Rally Continue?Hello, dear subscribers!
Let's take a look at current Bitcoin price action. We can see that the Head and Shoulders bearish scenario was cancelled becauce the neckline area was not broken.
There was also the danger of dead cat bounce scenario that could means the end of bullish rally but the price was able to find support above the 61% Fibonacci level according to swing high and low. This bearish scenario was also cancelled.
Now we can see that the price faced with the rejection exactly at the 78% Fib level but it is normal situation. If the price break through the 78% Fib the next rejection will be at ATH level, but now according to this analysis we can see that there is a high probability of bullish rally continuation and we can see the $44600 (R3 monthly level) during next week.
Dead Cat Bounce ScenarioHello, dear subscribers!
Today we are going to examine a very interesting chart pattern which can help you to find the hidden danger in the market.
The dead cat bounce is the reverse bearish pattern, hence the market should be in the uptrend before it's formation.
After the swing high point is reached the sharp price drop usually follows. When we are able to identify the swing low we shoud measure the first bounce height. For this purpose we can use the Fibonacci retracement levels from the swing high to the swing low.
For the traditional markets it is typically used the 0.5 Fibonacci level, but on the cryptomarkets the 0.61 level can be used too due to high volatility.
If the price was unable to close above this Fibonacci level during the first bounce, there is a high probability of dead cat bounce scenario, when the price continue to fall and the global downtrend changes the uptrend.
We use the current Bitcoin price action to illustrate this pattern. There is a big danger now to execute exactly this scenario. Please, be careful!
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
ACB- Dead-cat bounceIn range-bound market, bottom reversal happens far less often than when the market is in the clear uptrend.
However, if Aurora's monthly POC holds up, it's not hard not to see at least some relief bounce from the stock that's so beaten down.
That being said, there are better marijuanas stocks out there. Aurora is only good for swing trade.
Invest in MJ ETF for more conservative approach (Refer to the chart attached below)
Proceed at your own risk. Allocate only the small % of your capital and set the tight stop loss.
Not the financial advice
CCU, Dead Cat Bounce (bearish) I found this pattern at tickeron website with the following data:
STATUS = Confirmed
CURRENT CONFIDENCE = 70%
TARGET (EXIT) PRICE = 12.38 USD
BREAKOUT (ENTRY) PRICE = 12.66 USD
DISTANCE TO TARGET PRICE = 0.64%
EMERGED ON = Oct 02, 12:00 PM (EDT)
CONFIRMED ON = Oct 02, 02:55 PM (EDT)
WITH CONFIDENCE LEVEL = 73%
The Dead Cat Bounce pattern appears when a security's price falls quickly but has a temporary “v-shaped” recovery before resuming its downward trend. The temporary bounce (from point 2 to point 3) may be explained by shorters covering their positions or buying by investors who think the price has already reached a low point.
It is important to wait for the confirmation move, which is when the price breaks below the low where the dead cat bounce occurred (point 2).
Trade idea
If the price breaks out below the price where the dead cat bounce occurs, then day traders and swing traders should trade with a DOWN trend. Consider selling the security short or buying a put option at the downward breakout price level. To identify an exit, compute the pattern’s height by measuring the initial fall (from points 1 to 2). Then calculate the target price by subtracting the pattern height from the breakout price level. When trading, wait for the confirmation move prices falling below the breakout level.
To limit potential loss when price suddenly goes in the wrong direction, consider placing a stop order to buy back a short position or sell a put option at or above the breakout price.
TSLA: Is the bull trend back?Hello traders and investors! Let’s see what’s going on with Tesla now!
As we discussed last week, Tesla is now in bull territory, as it is trading above the $ 408 again (red line). The false breakout didn’t occur, and the idea of a Dead Cat Bounce is off the table, at least in the short-term.
Now, the momentum is bullish, and as long it keeps doing higher highs/lows , the situation is fine in the hourly chart, and the $ 461 is the natural target for this movement. Also, it is important to stress that the $ 408, along with the 21 ema, are now supports for Tesla.
Let’s look at the daily chart:
Today’s movement is not exclusive to Tesla, as Nasdaq Composite, S&P500 and DJIA are all going up nicely today. And it seems Tesla is following the NDX, since it lacks other drivers to move the stock’s price.
The bulls lost a lot of their strength if we aim for the mid-term, and this could make things complicate for Tesla’s stocks. Therefore, the hourly chart is a better guide right now.
Either way, Tesla is trading above the 21 ema again, and it seems we have an Island Reversal chart pattern here. Also, if you liked this idea, please, support it! And follow me to keep in touch with my daily analyses.
Let’s keep monitoring Tesla! It seems the market is moving erratically, and we must be careful in such complex situation.
Have a great Monday.
TSLA: Possible scenarios and complete weekly analysis.Hello traders and investors! Let’s see how Tesla is behaving today! And since it is Friday, we'll do a complete Multi Time Frame Analysis on it.
First, we may have something new on it: Tesla triggered a pivot point at $ 398. Now, Tesla hit its resistance at $ 408 as we thought it would in my previous analysis, and now it is struggling around this point, which is a natural movement for the stock.
The 21 ema is flat, which indicates some indecision about the trend, but the situation is still quite dangerous for the stock. If it trades again under the $ 398 the market may understand this movement as a false breakout , or even worse: A Dead Cat Bounce.
Let’s take a look at the daily chart for more insights:
The sign is not the greatest, as the resistances are holding the price very well, and yesterday’s candlestick pattern was not a proper Piercing Line pattern , as it left an annoying shadow above its body.
It could just retest again the $ 359 region, but the signal will be given first in the hourly chart, if it trades under $ 398 again, by doing a false breakout from a pivot point.
As we also discussed in my previous analysis, if Tesla loses the $ 359, it will seek further supports, like the $ 329.
Now, let’s finish our studies by looking at the weekly chart:
There’s nothing surprising going on here, but if the weekly chart says something to us, is that Tesla could drop more, at least to hit the 21 ema, and this wouldn’t ruin the long-term bull trend!
But again, it must lose the $ 359, which is probably the most important point for Tesla right now.
Tesla will only enter in bull territory again if it trades above $ 408. Then the reaction will be better, and it may have strength to hit the All Time High at $ 502 again.
Now, if you liked this analysis, please, support it ! And follow me to keep in touch with my ideas. Every day I share a few thoughts here, and you may find something helpful around.
My best regards.
Have a great weekend.
The adventures of Wirecard CEO, Bulls, and regulatorsAh, cheap and great investment Wirecard just made a new low.
Now is a perfect time to tell their story.
Massive hordes of "investors" blindly piled on this hyped ponzi based on lies.
And then they laughed at the bears and said they were mad they missed out.
And then the CEO went to jail and it went to zero.
The end.
Thank you for playing.
They say investing should be boring. So wrong. This makes it all worth it.
It is amazing how many independant or amateur investors have been buying and are still interested in buying.
It's always the same with lunatics that think bears are some illuminati or flat earth group making conspiracy theories to drop the price of a perfectly legit company.
Here is one comment that aged well:
Sep 5, 2019
"The #Wirecard $WID bears are doomed! Finally, justice after so many lies."
Entire timeline here:
www.ft.com
Crazy story xd
www.fudzilla.com
Remember the dead stock bounce strategy?
Inverted Chart: The US-Dollar a dead cat ?Sometimes inverting the scale gives an interesting view on a chart.
Looks like there is a perfect "dead cat bounce" pattern on the inverted monthly XAU/USD chart.
What do you think? Will the dollar recover? Or is it doomed?
Massive dead cat bounce?Is stock market actually in massive dead cats bounce? I compared current situation to 1930's crash, and mapped the possible bottom. If we are in dead cat bounce, then the real bottom is way below current price.
O Pulo do Gato MortoMotivos para aceditar que estamos apenas vendo um "pulo do gato morto":
1) Atingimos a retração de 0,618 de toda a queda;
2) Atingimos o alvo de 100% do pivo de alta que se formou na reversão;
3) O alvo atingido está no mesmo nível da mm200 que é uma média bem forte; Além do preço atual ter atingido o alvo dos tópicos anteriores, deixamos um martelo invertido no alvo.
Todos os itens listados são baseados em Analise Técnica. Falando de uma maneira fundamentalista, o que vemos foi uma subida baseada na injeção de trilhões de dolares de todos os bancos centrais criando um descolamento muito grande da realidade. As empresas estão com números cada vez piores devido a crise do Covid. Uma hora o mercado vai abrir o olho para essa realidade....
SP500 futures ( $SPX $SP500 1D) sell in May ?
I been following the bounce peacefully these past weeks.
But now something is up.
A head and shoulders pattern form on the 4h and It is on the verge of completion.
If true it may be the beginning of a correction.
Target (2636)
Stop loss if the price goes back above the right shoulder (2942).
We can see impulsive waves on the way down meaning that the primary move is downward.
Quite the simple trade.
As time goes by, I will keep you updated on the evolution of the asset price, so make sure to follow me on Tradingview
If you have any questions or requests, fell free to ask.
@Djio_
Disclaimer : This is not financial advice as I am not a financial adviser.
This is just my knowledge on what can be said and done from the chart.
Due to the volatile nature of the market, everything can change on a day to day basis.
Everyone is wise to manage their risk properly when considering any trading decision or activities.
PS: I cannot emphasize enough the risk associated with the activity of trading due to the imaginary nature of all paper contracts, the reason why I prefer mainly trading cryptocurrencies instead of more “traditional” assets. On the other end without total systemic collapse it can quickly become a good trade opportunity.
SPX500 - Will this be the top of the Dead Cat Bounce?Looking at the SPX500 Futures:
1. Looks like we could be at the top of a Dead Cat Bounce
2. If this is not the top, a potential tap off the 200 EMA would be where I would expect it to dump
Fundamentally due to covid and the world being under house arrest, I would not expect markets to continue to rally and I am bearish as you can be on a Macro Level.
Technically this is presenting a great short opportunity on open. I will go in with 50% of my position around where we are when we open, the other 50% I will add at the 200EMA and set a stop above it with room for a wick just in case.
Trade, Chart, Learn, Repeat
Coach K
Short BEL 20 indexAs seen there is a historical low resistance level @3123.7, and a fibonacci ratio of 0.382 @3091.265
I've tried to draw the small bullish trendline which will be colliding with these very soon.
This might indicate an end of this short term increase and a fallback to the bearish trend known as the CoVid19 crash or atleast a long term battle trying to break through this heavy resistance level.
