Doomsday
DJI not in a good shape currentlyThis is just my analysis and should be considered only for Study purpose and not as a recommendation as i am not responsible for your losses or get a share from your profits...
This is a simple price action study... looking at the chart i feel the Dow is ripe for a bit of a correction...
I feel we could stay away for a while and let the market play its card and do what it has to do...
Be fearful when everyone's greedy - you'll know what i mean....
Correction incDelta and global reaction to it will be another March downfall.
Adding to it the month to two month follow up with Chinese Melt Down.
I predict a not so flowery earnings report by major companys, unfavorable infrastructure detail analysis, compound with delta covid impact.
Will call forth another "March 2020" scenario.
Wait until $41695 (Read it carefully)Dear Traders,
This is the research account of us. We have calculated the potential of market which around 2 days we will see a drop on most of the currencies because BTC is the base code of market and the trend of BTC still is downtrend until $41695. Then you can enter to the market and hold it for almost 4 to 5 months until it reaches $94446. Then according to our advice, close your positions at this rate and wait for $81,992 and take the last order and wait until $114,594 and totally move out your money from cryptocurrencies. The reason is that after this wave whole of market will go to downward.
You can just check the points to help you close your positions for other currencies too. Whatever happens to BTC will lead the market.
LINA (TRAP)Dear Traders,
The drop that happened was for wave Z. This wave has happened in XAUUSD (GOLD), actually recognizing this wave is not easy to understand and usually traders calculate wave X as wave 1, so this mistake usually happens. Right now we can’t find out how far Price wanna move up until we figure out end of wave 1.
Please keep your orders until we find the future rates.
Good luck
The great shake out 2000 USD bitcoin?Be aware frends of a MASSIVE long squeeze institutional players are planing.
2000-4000 USD is in play still, don't be fooled though, this catastrophic collapse in price is unsustainable in the medium term and as quickly as we drop we will bounce back up.
make sure to have fiat sitting on the side lines to take advantage of the low prices .
Confrimed Cases and Deaths With Rate of DeathUsing China as a model. I am testing on Italy, This was done very loosely so odds are I am super wrong on this..... If Italy turns out this way I will test out The US.....
Let me know your thoughts...
The American Empire has fallen. Printing money, bailouts, crooked politicians (all of them), corporate greed, have caused The American Empire to fall. We have been in a bubble, you just needed to be looking at it from a different perspective.
I compare the daily chart of Bitcoin to the monthly chart of the Dow Jones Industrial Average and the similarities are striking.
The Dow is in you typical wall street cheat sheet bubble. The Bubble has burst. Because the bubble is seen on a monthly chart, this will happen over a long period of time.
A massive stimulus package will be passed, money will be printed, people will get checks, entire industries will be bailed out, and everything will seem like business as usual as we all get complacent. There will be a relief rally over the next couple years but the high is in. Once the bounce is over, America will plunge into a depression in much more violent times.
Democracy and Capitalism work if people are reasonable but human nature eventually takes over as people take the system for granted. From the CEO's to the politicians, to the scammer and even the citizens. Greed and corruption leaves you with nothing in the end.
The coronavirus is already showing the inefficient nature of democracy and the benefits of a system like China. Building hospitals and bridges in the same time you can get a zoning permit in the U.S. China has showed the world they stopped the virus (if you believe them), while democracies all around the world will not be able to take the extreme and draconian measures that may be required. Even if you believe China is lying, the fact that they can keep the citizens and media in line shows their strength.
WW2 marked the end of The Great Depression
WW3 will Make The Depression Great Again.
I expect a bounce (making a lower high but) causing everyone to think the coast is clear. Trump will say he singlehandedly saved us from the virus and saved our economy and he will get reelected. A major event will happen that causes us to crash again and the government and fed will have no more ammo to shoot at the next crisis. We will get into an escalating militarty conflict with China, Russia, N Korea, Iran (fill in the adversary) and plunge into WW3 that will bring us not far from the stone age.
Good luck everyone and plan accordingly.
DJI (WALL STREET) - IN FREE FALLIn this screencast I show that based on the technical picture and using some fundamental concepts, that heavy down side is likely in the next 3 to 6 months. The degree of momentum south is so heavy that I can expect it to move further south on this time frame.
Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied. If you make decisions based on opinion expressed here and you lose your money, kindly sue yourself.
POP!! POP! POP! 😂Oh well - only about 5000 points of a massive drop in just over 1 week. People are asking, " Has the bubble popped? ".
I go into this in some detail. I think we're at the start of the POP.
This thing is serious though.
I'd like to hear from others if they think this is going back up and to the moon.
COLD WAR 2.0 / WW3 / NUCLEAR HOLOCAUST investingThis is what a market bottom could look like.
Currently some nice rsi bullish div. Looking like it is in a bull flag. Appear to have had our capitulatory move. Fundamentally speaking we are working our way to the end of the world so we can see a catalyst like a nuclear arms race or world war breaking out. Is this chart the hourglass for humanity?
If we break the green line and can close above $11.74 this is my buy signal and the hour glass will begin.
Stop loss will be if we break the low at $10.
10% risk for possible 10x reward IMO.
Significant levels are the white lines.
Doomsday clock in a chart.
Like and follow if you don't wanna die.
G-D HELP US
IS DOOMSDAY JUST AROUND THE CORNER?I'm sorry folks, to be bearer of bad news. Doomsday has struck stockmarkets worldwide twice in the month of March and May historically. Here we are right now starring at a possible third anniversary event - right on our doorstep. The US Stockmarkets that influence the world, is in a nervous state in the last 7 days or so. They're holding the tiger by the tail! Am I predicting a stock market crash? I am NOT! I'm saying that markets have a memory - and based on that psychological phenomenon, the probability is ripe for a sound second wave major correction. So - this post is not about technical indicators. It is largely about what is visible on the charts, and history! Play safe. Don't get hurt. Burn only cash you can afford to lose!
Bitcoin , and the man bringing it downWhat if Craig Wright didn't exist?? What if BCH forked normally, absent the eventual child like threats by Craig Wright , based on an what began as a disagreement with Roger Ver?
What if Craig Wright didn't threaten to take down the greatest techno-economic instrument and experiment in history?
Not content to "mine empty blocks" of BCHABC - conduct a 51 attack on ABC, DESTROY BCHABC and , after that , Bitcoin itself??
Why did such an esoteric, limited use case currency surge so high, and why did the market follow? Part of the market following can be explained by inter currency exchange and adjustments to prevent arbitrage, yet still, BCH climbed to $650.00. At one point people were paying 650.00 usd for BCH, not all that long ago.
Before long , Craig Wright began to unravel publicly , and twitter account in hand threatened to destroy BCHABC, then BCH , and then Bitcoin. Presumably the entire market, except perhaps for a "Wright" coin.
Is this really happening? An argument over a currency that most consider a liability when evaluating a companies holdings , etc. , has caused doubt as to the eventuality of Bitcoin itself.
He has had help.
We have a European bank executive on record today , taking pot shot's at Bitcoin calling it the "evil spawn of the financial crisis."
This is a surreal day in the history of CryptoCurrency , a sad day for most , a satisfying one for Craig Wright , who has his work ahead of him now, taking your money , your friends, parents , loved ones money - and destroying innovation.
Bitcoin is the child of necessity , not the evil spawn of anything . People have lost money trying to day trade it , it is still in need of protection from manipulation , fake news and bad psychology, and now apparently from Mr. Wright.
How underwhelmingly pathetic.
Mr. Wright , you aren't making any friends. You're public behavior calls into question your knowledge and intent; and if you destroy Bitcoin , I suspect that someone , somewhere will take exception to your existence , just as you have with Crypto. Not me.
No, someone among the many lives you are threatening to destroy. I wonder if you thought of THE PEOPLE? Are THEY to blame as well , on the off chance they preferred anothers vision???
You could not possibly be Satoshi , but I bet Satoshi wouldn't care very much for you.
Caveat Emptor.
Verge is dead. ShorttermStart thinking, that $XVG is dead, though many people believe in this project, but here are the facts:
1) JustinVendetta dissapeared right after 2 pumps and since then he didnt say a word on public
2) No real catalysts coming with no dates. They have stopped publishing dates of roadmap, as i think because they do really nothing.
Merchandise store is 90% done for almost a year, code update is 90% half a year, mining, etc...nothing is done so far.
3) Community is ruled by toxic moderators. Gor banned for just asking questions and arguing in Telegram and Discord
I think $BTC will drop too, that will lead to a mass alts selloff, with everything said above, i think Verge gonna drop really hard, and the only what can save it later is another P&D scheme, that Verge was doing before.
That kind of things can ruin the brand and can destroy the project.
Bitcoin's doomWe are aproaching the limit for bitcoin's distribution.
We have clearly reached the point in which it will crash (If you dont consider a fall from 20k to 6k a crash).
Once it breaches the 5,5k line the next suport will be around 2,8k but such suport wont have enough strenght to hold it.
So what i am saying right now is that if bitcoin goes below 5k, its gonna get to 3 or 2 digits pretty quickly.
That doesnt mean the blockchain trend is gonna end, but instead, its gonna reprice itself in a more suitable baseline.
2017 Outlook Grim Evacuate ETF/ETN'sPercentage of DEBT to GDP : 104.17
Shiller P/E : 28.2 (68.9% above historical Mean)
S&P, DOW J near record HIghs
ETFS are no safe haven.
www.sec.gov
Wheres the market going?
I have no idea but based on historical data we can see some clear indications that should be alarming to those conservative investors.
Based on technical data if you zoom into 2016 we can see that the Bollinger bands have began to separate indicating an increase in volatility and increase in the probability of a larger price fluctuation in the near future.
Take your profits and wait to see where this is going.
Don't expect to make gains shorting the market on leveraged bets against it through ETF derivatives as these have historically been seen to become unhinged in their correlation to the price of the underlying assets and both the calls and puts lose their value.