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.
Bitcoin is starting to form the previous inverse head & shoulders pattern on a smaller scale, potentially creating the continuation pattern of a bear trap followed by dead cat bounce to $9,400 support turned resistance, before moving back below $9K for lower lows after the monthly (as well as quarterly and bi-annual candle) closes. Based on larger time-frames,...
Market players expected Bitcoin's price rise to the June's local high of $10 425 until yesterdays dump. From the early morning sellers increased pressure and from $9 800 the price went down until Fibonacci 23.6% retracement level where 4H EMA 55 was broken down which resulted in a sharp decrease to 38.2% Fibonacci retracement level of $9 016. If prior price...
Motivos 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...
Triangle is breaking out on the upside, waiting on Retest to enter a long position, there are always so many gaps on traditional markets hence I prefer to use Line chart instead of candlesticks for swing trading setups will post a R:r setup in timeline once we CLOSE above the yellow trendline weekly MACD is also printing bullish signal about to cross also...
Looking at the charts we are trading inside a descending triangle, after the dump, we had this could also be a continuation to lower levels but i see a relief rally coming soon in markets. a final pump before another major crash. one more thing noting here is this possible H&S in the making, there is a low chance of this working out as we are at the BOTTOM not...
As 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...
Here we have the SP500 who makes us a cup with handle. The bulls still strongers? Or juste a dead cat bounce?
Whales dump it to 2019 as a joke, then start the DCB. stoploss in place. *Not financial advice.
Even if we are gonna make a LL, which seems possible (see explanations on the chart) I do think we are gonna see a bounce first. I can play this plan with 2 scenarios 1-Bounce can be longed on LTF ( we are trending bearish so getting stopped is likely) 2- I can wait to see Resistances to work and short the close on lower time frames I still have spot ETH so i'm...
Wondering if the pattern will continue to go down as its a downward trend? your thoughts?
$BA is running into a somewhat long term trendline here on the monthly log, might be a good area for a dead cat bounce :)
Well, the h&s I posted on the monthly log has already crazily just about taken it back to the 2015 lows. A bounce should come very soon. The lowest i see this going is probably $26 -- $28.00 area. We could see a bounce before that happens but im not 100% sure. Anyways this should be interesting!
First shock (Friday) and then denial (Monday) are symptoms of the first stage of grief. Earnings surprises to the downside will keep coming for months as companies lower guidance and analysts revise down their estimates. Short on up occasions, and cover on down days. Sound like a plan?
$ES_F has began to bounce from the FIB 50% + an older long term trendline as depicted in the chart.
As you can see MATIC experienced a severe drop to the upward trend line but then rebounded ~100%, dead cat bounces are a great way for swing traders too make money if they are paying attention..
MNK is dead or almost dead. Often times there is a dead cat bounce in stocks like these, as 'everybody' gets the same idea to throw some money at it. This is a high risk scenario but with potentially good risk to reward ratios. Disclaimers : I've clearly said this is high risk. This not advice to trade in securities. I am simply showing what may happen from...
created this chart a few days ago, this is what i see panning out.