Downtrend
CAN WE SEE BTC AT $20K LEVEL AGAIN?!Answer = Yes!
Everything is possible, but going to $100k level in the next few months, it's hard ( not impossible ) to believe that after BTC halving 2020!
On March 2020, BTC was preparing for up-trending, started at $4k level, new investors were excited to enter the market at $25k levels. The old investors, exchange markets, miners were ready for the gold moment, the moment which they would sell every single BTC at highest price. Pushed news and tweets from public figures and boom to ~ $65k level!
That scenario happens before every BTC halving with a new flavor, but ( Halving 2020 ) was spicy with Elon and Jack tweets.
What's done is done, every new investor bought BTC at $65k, should wait for the next round, because you have been replaced with an old investor order ( SELL - Old investor vs BUY - New investor ). You can gain some profits by trading ALTS/BTC pairs or scalping with BTC/USD at your own risk.
- We have to break up $77k levels to see a new record to $100k.
- If we doesn't break up $52k levels, we will see $41,500 levels again.
- We have to break down $27k levels to see $20k levels again.
- ALTS follows BTC, and the market in down-trend.
BE BOLD AND DON'T PANIC
DECIDE AND TRY TO MANAGE YOUR WALLET WITHOUT LOSING. HAPPY TRADING ;)
DOTUSDT $8.5 is a worthHi traders, I'm showing to you a more comprehensive daily chart after a weekly from yesterday w/ the Fisher Transform oscillator to approach one more undoubtable signal in confluence to the price action monitorized by the downtrend condition below 20 Volume Weighted Moving Average plus Fibonacci Retracement hidden strategy which uses the 14.6% golden ration subdivision level to a highly assertive target. 8.4USD is a worth and, during that trend volatility, a lot of desinformation will came with a potential dopamine explosion along propaganda content from YouTubers exchangers' employed guys. There's not pure predicting here but a highly concise technical analysis based on strong confluences correlating price and volume in a educative form - don't means that I predicted the future. And I'm not an identitarian fanboy, so I don't care about sentimentals.
Looking to sell US30 back down to key areas notedYes we are Back.
It's been a while, here is our trade idea on the US30 this afternoon
Lets see what the volatility this afternoon has in store for us.
If we clear the range we see no reason why the DOW cant have another leg down similar in size to the one preceding this shrinking chop box.
📉ZBC to test:↓0.008068 or ↓0.005084I have circled January 23rd on my calendar as a date to observe how ZEBEC's price behaves at a certain intersection. As a high frequency trader who is accustomed to volatility and high risk, I am concerned about the lack of price stability. It is essential for the management to clarify their direction. I am puzzled by the unsustainable 300% APY on a 5-day lock-up and 50% on a 30-day lock-up offered. You know who else did that, companies like CELSIUS, VOYAGER, 3AC, and FTX. These token offerings seem more like a liquidity dump to me.
Communication needs to be improved as well. Currently, there are two Twitter accounts, one Discord, and six or seven Telegram channels, which makes it difficult to keep track of updates. There isn't enough video content. A more centralized and organized approach to communication would improve social cohesion. I am also not a fan of the "zebec army" mentality. If we are not at war or planning to go to war, why act like an army? The constant farming for engagement and regurgitation of facts has taken away from my enjoyment of the project. Trying to cut through the noise is a minor annoyance, as i am empathetic.... but now we have an "army of ambassadors". To some its semantics, but to me i take it seriously. I like mass adoption w/out self-obstructing hurdles.
I applied for the ambassador program, but have not heard back about when it will be implemented or who will be selected. Additionally, I have not received my USDT prize after participating in a giveaway two weeks ago. This has made me hesitant to participate in small giveaways. I only ever do so as a way to test a project's reliability. It seems that I am not the only one who has not been paid out...
ZEBEC is currently running on Solana and BSC, but it is not as popular as the recently released memecoin called #BONK. Furthermore, the project has caused issues with GALXE and Cyberconnect, two major web3 schedulers on BSC. Now, the team is working with crew xyz, and after that, Quest or until we build our own... its going to get increasingly difficult to get the message out.
I am located in a North America, and am focused on business and growth. However, I have become disenchanted with the way the project is being run. The farmed engagement is bot-like, which has taken away from my enjoyment of the project. I am rather patient, so don't take any of this as being harsh. The parroting is just noise, but its annoying. Perceived criticisms are intended to be guiding directions.
As a ZEPOCH Node operator who is committed to the project, last i checked an insignificant number of nodes had been sold. However, I am not able to trade or sell my node until the 30,000th node is sold. While I am not interested in selling nor trading my node, I do have a vested interest in the project and believe that improvements need to be made...
I'm hopeful things will turn around, but I'm not expecting an overnight makeover. Of course a bull run could change everything and anything.
SPY - short squeeze - or more down?Bear Market trend on SPY looking to continue, but could we get another short squeeze similar to the set up leading to the brief Sept squeeze in 2022?
Based upon regression trend analysis and general market strength or lack there of, I don't think we see much of a squeeze for SPY here...will be adding to short positions on these modest price increases that appear to be more related to limited stock buy backs and some year end tape painting. More down on deck IMO.
In terms of seasonality - January 2022 was weak and I expect pretty much the same in 2023 - or worse. Will reassess if we gat a SPY close above 387. NFA.
Looking like more pain in TSLA's futureIndicators used:
Democratic Fibonacci MAs
Consensus Tables (Oscillator Setting)
True Momentum Oscillator
The TSLA weekly charts (and those of lower time frames) look to be continuing the downward trend that the stock has faced over the last few months. The price has dropped below all 10 fib-length MAs (3 through 233) and the DFMA line closes in on the slowest of the fib MAs, indicating a strong bearish trend. The consensus tables (Oscillator is shown here) all agree that the negative trend will continue (consensus value of -1 across all 4 tables, overall consensus of -1). The ADX is over 25, indicating a strong trend. The True Momentum Oscillator is deeply in the red, with the momentum of the oscillator strongly negative as well. A larger head and shoulders formation has continued to play out. Price looking to break under $100 soon, potentially reaching a support around $91 but with room to fall further into the mid-$60 range.
GOLD NOT READY TO BUY ON WEEKLY - I'M STILL BEARISH FOR NOW High Trader,
In the current Gold situation, price action is telling me with the three consecutive weekly rejection and closure below the previous support and resistance that gold is not ready to buy on the weekly. Make it simple and wait for a bodily close above the yellow zone then go to lower time frame and do the same thing. However, whilst you are waiting on the weekly, you can go to lower time frame if you are not a swing trader to see what price is doing on the daily and then go down to 4HR time frame to see if there are correlation and then 15 mins for entry. That's how to be a simple price action trader and get more win rate.
The summary for me here is, until I see a bodily close above the yellow zone in my chart,I will not attempt a gold buy swing to 1875-1879 zone.
Regards
LT- Intraday Short PositionThe chart pattern and volume profile clearly show that it can give excellent risk-reward when it breaks down from the @2080 support zone. Price Action shows a downtrend and the volume profile adds more confirmation, So the possibility is more to go down till the @2060 area.
Entry Level:- Below @2080
StopLoss:- Above @2090
Target :- 1:1 or 1:2
Downtrend. Breaking through the level on higher volumesThe general trend is downward. The coin formed a horizontal level of 9.10, confirmed by several touches. At the increased volume, the instrument broke through the support level in the downward direction. I expect the continuation of the downward movement with the support of volumes in the seller's glass and the movement of the instrument to the lower support levels.