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Deadcatbounce

AAPL: Next target and important KEY POINTS to watch!Hello traders and investors! Let’s see how AAPL is doing today! First, in the 1h chart, after a very strong bearish movement, it seems it did a rounded bottom chart pattern just under the support at $ 162, frustrating the bears, and reversing the trend – at least in the short-term. In addition to the rounded bottom, we had a bullish pivot point triggered, breaking the 21 ema, and now, it seems the trend is bullish. Pullbacks to the 21 ema again might be opportunities to buy. The next target is the gap at $ 162.30, which might work as a resistance at the same time. In the daily chart we see that the trend is still bearish, and although we see a nice bullish candlestick pattern yesterday, we don’t see a clear bullish structure. What’s more, we are still under the 21 ema at $ 161, which is our next resistance in the daily chart. Given how close the gap in the 1h chart ($ 162) and the 21 ema in the daily chart are ($161), we can assume that it is not going to be an easy task to break this point. We must be prepared for some volatility when we hit there. If this will be a dead cat bounce or not, only time will tell. I’ll keep you guys updated on this, so remember to follow me to not miss any of my future analyses!
NASDAQ:AAPL
by Nathan_The_Finance_Hydra
3
SPX: What could save it from the 4k?Hello traders and investors! Let’s see how the SPX is doing today! Since the last time it hit the 21 ema, it seems we had another DCB and the index is again at its support level. Yesterday’s volume was quite high, and if it loses the 4,167 today, the next target will be the next support at 4,056. So far, the trend is bearish, and there’s nothing indicating it’ll recover from here. Let’s take a look at the 1h chart for more clues: In the 1h chart the index looks oversold, and we have two open gaps to fill. The Breakaway Gap at 4,472 would be a clear target, but we must see a clear bullish structure first, and so far, there’s nothing bullish on it. If the index holds at the red line at 4,161 it’ll be a good sign, but in my view, we must see more patterns in order to call it a buy again. I’ll keep you guys updated every day on this, so remember to follow me to keep in touch with my daily updates.
SP:SPX
by Nathan_The_Finance_Hydra
3
#Bitcoin and The Dead Cat BounceHi everyone, Thank you for considering reading my idea. Disclaimer: The chart shown is not an exact prediction of what's going to happen on the prices. Instead, it is a pattern that could play out. ------------- Sooner or later, Bitcoin will get this relief rally and people would be optimistic. But ever since we broke down the 50 week moving average (yellow dotted line, also see linked idea below), I have accepted that Bitcoin COULD go down as low as 20k (where the 200 week MA is at - green dotted line). With Bitcoin's volatility, a dump down to 20k in a matter of weeks or months is possible. But let's consider getting a relief rally back to the 50 week moving average, currently at $48,575.35. A dead cat bounce pattern is a small, brief recovery in the price of a declining stock/asset. Usually, we draw a Fibonacci Retracement and get the 0.5 level. In the current case, the high of the Fibonacci Retracement is at $69,000 and we're going to find out where could be the low to get the 0.5 level at $48.5K. To have a bounce that would go to 0.5 level, Bitcoin must go as low as $28,100 so that it can bounce going back to the 0.5 level and also the 50 week MA ($48.5K). Another scenario is where it could bounce to the 0.382 level of the Fibonacci retracement. To have a bounce that would go to 0.382, Bitcoin must go as low as $35.8K (which we already did!) IMPORTANT! Although, since the price is changing, it would mean that the 50 week moving average would also go down in the next weeks or months. So I can't really tell where the bottom is. One thing that is on my mind is that we will have this price action (see blue dashed line): find a bottom get a relief rally or dead cat bounce that could reach the 50 week moving average and get rejected from there continue dumping to the 200 week moving average (green dashed line) - higher than 18K Thank you for reading this idea. Like this idea and follow me for more analysis like this. NFA . TAYOR. DYOR. Cheers, Juvs
BITSTAMP:BTCUSDShort
by Juvssss
1
QCOM PredictionsHere is my insight on QCOM For the bounce case ~ 4 hr chart has not broken the support yet signifying we could see a bounce before going through it. ~ slight RSI bullish divergence in last 2 days signifies a small pullback could come. ~ we are on the 0.382 fib zone which is a zone to watch since pullbacks on an uptrend like that zone. ~ After going down a whopping 14 percent, we are due for a dead cat bounce of a possible 2-5 percent If bounce exists ~ Since we broke the 200 ema it is likely we could go back to it and bounce off. This PT/put entry point would be 169 - 169.50 ~ The 1hr chart hasn't pulled back to the emas yet after crossing them. The 50 ema would be the first to touch and would be at 173-174 range, which ironically is also a big zone of resistance from previous bottoms. This would be the ultimate entry point for puts, and a good stop loss for puts...If we go higher than this we are going back on the bull run. Puts case ~ the 4 hr chart has already broke and then bounced off the 200 ema. SO it is not out of the question that we can go lower. ~ We just need to break this support. once we break the support, we are going to go back up to it. I'd wait for the support to break and the bounce to occur before entering puts.
NASDAQ:QCOM
by CheckMatted
BTC/USD ABC Correction in PlayLikely BTC/USD ABC correction in play. Notice the confluence of extensions and key levels. If compared to the 4 hour downtrend line (in white), a bounce to 56k would still make a daily downtrend valid. Meanwhile the recent bounce off of $47.1K could be a potential support but the more likely scenario is a bear flag and an ABC dead cat bounce. Zooming out to the weekly we see fractal patterns resembling a bear flag with further downside in play. Volume candles on the recent capitulation dump prove notable but not convincing. The recent break below the orange trend line shows a potential bull trap fake out last week followed by a Friday night massacre on the markets. Useful is a comparison the the ETH/USD and ETH/BTC charts when compared with ETH.D dominance which recently peaked at 22%.
Short
by Shadowfigure
BTC ETH LTC: Dead Catch Bounce ScenarioHello friends, today you can review the 1H charts for Bitcoin (BTCUSD), Ethereum (ETHUSD) and Litecoin (LTCUSD). #CryptoPickk notes the following: 1) As the entire crypto market fell drastically, the potential for a move upwards is very possible. In these scenarios, a Dead Cat Bounce Pattern is very possible. 2) For anyone that doesn't know what a Dead Cat Bounce it, please refer to the Investopedia article for further details: www.investopedia.com . 3) Using the Fibonacci Extension, taking the price from the drop start point to the drop end point, the 0.618 - 0.786 levels may be potentials for where the Dead Cat Bounce may happen and the price drops further from that point. 4) Remember one thing that has helped in trading: When a wick happens, the candle body close is surely to follow. Not financial advice of course. Do your own research. What are your opinions on this? If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
COINBASE:BTCUSD
by MillionaireEconomics
8
🔥 Bitcoin: "Dead Cat Bounce"Over the last few weeks, I've come across this image on a nearly daily basis. Bears were calling for a massive dump, back to $30k or even $10k in some cases. Now that we've made a new local high of ~55k, can we finally confirm that the August pump was not a dead cat bounce? As mentioned in many other analyses, I think we're going to see a new all time high soon, potentially even this month. Whales have been massively buying Bitcoin over the last months, exchange reserves are at an all time low, and we're still too early in the cycle to have peaked. If you're still bearish on Bitcoin, please share your thoughts and charts in the comments. Happy trading!
Long
by FieryTrading
20
TSLA: A FANTASTIC movement? What's next for us?Hello traders and investors! Let’s see how TSLA is doing today! We finally hit our target that we set on Sep 7, at $ 780! At the time, TSLA just reached our previous target at $ 753 (link below). Despite the short-term noise, TSLA couldn’t resist the trend, and ultimately, did what it should’ve done. Now, we are above our target, so, what to expect next? First, we’ll set a new target, at $ 821. This is a previous resistance, and it is the point TSLA did a Dead Cat Bounce in February. Just check the daily chart: It’ll be quite interesting to see TSLA recovering to this level, the same point it started to melt just a few months ago. It’ll be quite symbolic, and a true sign of resilience. We just don’t know how it’ll hit there. Maybe it’ll go straight to our target, but we can’t discard completely the possibility of a pullback. If TSLA drops, we have 3 support levels to work with: The 21 ema; the $ 760s (previous resistance zone); and the $ 780, which was our previous target. Any bullish reaction around these supports, will be another opportunity to buy. I like how the volume is looking right now, slightly above the average during a breakout. These are all good signs for TSLA. Let’s see how it’ll play this week. Remember to follow me to keep in touch with my daily updates, and please, support this idea if you liked it! Have a good day.
NASDAQ:TSLA
by Nathan_The_Finance_Hydra
8
SPX H4 - Ichimoku DailyHi Guys, the above is Ichimoku daily applied to the 4H chart (54;156;312;156). Also the daily moving averages 50 & 100 have been converted to show in the 4H chart (50=300;100=600). Below the Daily chart with its standard Ichimoku (9;26;52;26) but without Chikou and Tenkan. The opportunity was presented when price cleared the Tenkan(4H) outside the Kumo(H4) following FOMC into Kijun(D) or 50SMA(D). If you have any question please do not hesitate to ask. Thank you for your support and kind regards Cozzamara Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities. Trading in foreign exchange (“Forex”) on margins entails high risk and is not suitable for all investors. Past performance is not an indication of future results. In this case, as well, the high degree of leverage can act both against you and for you. Before you decide to invest in foreign exchange, you should carefully assess your investment objectives, experience, financial possibilities and willingness to take risks. There is a possibility that you will lose your initial investment partially or completely. Therefore, you should not invest any funds that you cannot afford to completely lose in a worst-case scenario. You should also be aware of all the risks associated with foreign exchange trading and contact an independent financial advisor in case of doubt.
OANDA:SPX500USD
by cozzamara
3
AMZN: About to reverse the trend?Hello traders and investors! Let’s see how AMZN is doing today! Today’s reaction in the 1h chart might be just a Dead Cat Bounce, as long as we lack bullish structure. However, AMZN is doing some interesting patterns, and it is worth to pay attention to them, as they might be early signs of reversal. First, AMZN is seeking its 21 ema again, and if we defeat it, then we’ll see something new, as we don’t trade above it since before earnings. If AMZN defeats the 21 ema, it’ll be a good start. Despite the lack of bullish structures in the 1h chart, we have a possible bullish reversal candlestick pattern in the daily chart, called Hammer. The long shadow under the candlestick’s body is a good sign of strength, but this alone is not enough. I would rather prefer to see this pattern triggered and then the price closing above the $ 3,296, making the recent movement a false breakdown from the support level. This will be another trigger that the trend might reverse. To sum up, we have positive signs, but we must wait for them to be triggered, for confirmation sake. For now, let’s just wait for more information. Meanwhile, if you read this far, I invite you to follow me to keep in touch with my daily updates on stocks and indices. Have a good day!
NASDAQ:AMZN
by Nathan_The_Finance_Hydra
3
Supply takeout patternTLDR : Expect ranging , dip and then blast to orbit For valid supply takeout pattern structure should have these components: - clean stage 1 ahead of it - does it have stage 2 (both of those stages are a must) - does it have stage 3 (optional, but its a plus) The most important stage 4 is a momentum takeout, or if not that, at least an obvious micro shelf buildup with offers soaked at supply. The setups will vary on how they look; therefore, the grade of setup and potential of reward on it will also be determined from 3 "external" factors: -consistency of symmetry -consistency of consolidation -the heaviness of one-sided order flow positioning (for example, very strong short / offers to position on the supply level of price). The last leg move (the one where price breaks supply) should be very strong and possibly on solid volume, or at least it should form a micro shelf at the supply area, showing that buyers are constantly soaking up offers at supply. The tape should confirm strong buying at the ask, showing aggression of the market into offers. If the last leg is not strong, a trader should avoid taking a trade. While this is usually a micro-pattern it can also be added to higher TF as long as it fits the logic. Above and within the supply zone (42-40k) we should expect to see a shelf forming (ranging). The ranging would confirm acceptance and as long as we see no candles closing below the supply area we should expect a bullish market attitude. The areas I'm looking and focused on are 45k and 44.8k . If the bulls reclaim 45k for a sustained amount of time they capture the 200dma and the bull run could be considered on. If no attempt is capable of holding 45k then id consider this sudden rise in volume and price a dead cat bounce or something similar. Failure to remain in this area (43-45k) could send us down to 40k resulting in a stagnant drop into the low 30s and subsequently 20s.
by ollie_oz
Australian Dollar Outlook: AUD/USD Dead Cat Bounce?The Australian Dollar may be resuming its top against the US Dollar after a potential 'Dead Cat Bonce'. A bearish 'Death Cross' is still in play between the 20-day and 50-day Simple Moving Averages. Still, the 200-day SMA is playing out as key support. A turn back lower and downtrend resumption entails clearing the June 21st low. Such an outcome may open the door to lasting losses. Otherwise, follow-through may place the focus on a potential falling trendline from earlier this year.
by QM_Dubrovsky
Could this be a Dead Cat Bounce? 🙀Hello traders! The S&P almost hit our target at 4,118 (only 10 points from it...), but it still could reach there. We must be careful with the resistance lurking around the 4,175. The S&P could hit there and drop again. We still have a strong divergence on RSI, and the price is still looking weak. Be careful with the Dead Cat Bounce. I wonder if we'll finally see a Sell In May and Go Away... 🤔 If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
SP:SPX
by UnknownUnicorn21312077
2
Bitcoin what's next? Honest analysis. Hello everyone, I believe bitcoin is in a very awkward stage right now. Is it bullish? Is it bearish? Here's my honest take on bitcoin right now. For the short term, I think bitcoin will drop. Where? I think a perfect bounce would happen around the .382 Fib level. This aligns with our "possible" upward support line, daily 100 moving average, and the bottom line of our KC indicator. We can see this drop would also be validated by the 4 hour double top and price action occurring. Not to mention there is a very obvious dead cat bounce validated by bearish price action on the daily. But where will we head after that? To be honest, we need to let the charts play out. I could see Bitcoin bounce and make a similar dump and run pattern it did back in late Feb/ early March. But, I could also see bitcoin going lower into the "bearish territory" and possibly test lower lows. Bitcoin has yet to test the 20 and 50 weekly MAs. As stated in previous posts, these Moving averages were tested several times throughout the entire 2017 bull market. We need more confirmation before assuming anything. Here's the technicals: 1. Price action is bearish on the move from $47,000 to $59,000. This pattern is called a dead cat bounce. 2. MACD buying momentum has weakened and Bitcoin has failed to cross over the middle point. This is validated perfectly by volume. 3. Weekly 20/50 Moving Averages have not been tested. These were tested several times in the 2017 bull market. 4. There was a bullish fakeout above the Upper Resistance line to $59,000. Generally, a fakeout leads to lower prices or a retest of the lower support line. 5. There is a double top on the 4 hour chart that was confirmed with price action. Generally, confirmed patterns tend to be followed by the trend they reflect. A double top is bearish so I am expecting lower prices. 6. Bitcoin has rejected the 50 moving average once again. And there is also a "death cross" of the 20 MA crossing below the 50 MA. Typically this leads to lower prices or consolidation. 7. The drop from $64,000 to $47,000 is bullish price action with volume going down as price is going down. With all of this said, Bitcoin could just go sideways while alts have their time to shine. Personally, I have been trading alts as they have somewhat ignored Bitcoin's price action. Not to mention, until bitcoin breaks $59,000 to $60,000, it is just testing previous support levels and is not as bullish as many think. As a trader, we need to see both sides and be flexible in how we think. I hope this analysis helps some of you find an entry point, profit-sell/stop loss, etc. As always, be patient, use risk management, and good luck trading!
BITSTAMP:BTCUSD
by RomanXIV
5
GME Potential Dead Cat BounceHi everyone, This idea is a follow-up on the previous one "GME GAME OVER" where we discussed the potential bubble structure phase "return to the normal". If that phase is in development via upcoming bullish engulfing patterns, we might try to close the previous bear gaps and thus rallying to the upside. www.google.com The moment the potential rally would lose any strength via a decrease in volume followed by bearish engulfing patters, or any type of bearish price action,.. we could go over in the "fear" and later on "capitulation" phase. How High can this go? I don't know but a retest of the 90-100 dollar zone with be more or less in line with the VW short squeeze.
NYSE:GME
by CryptoHedging
13