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DROP

Support Resistance Analysis Says Sell GBPUSD In Coming YearFor years GBPUSD has been testing its lows. Since 2007 a huge drop has been seen in 2016. Where it has consolidated between 1.22396 and 1.36845. Recently in August of 2022. For many, we could see this potential drop, while others expected a pullback and continuation of the sideways move. Let's look at what actually happened. The lower resistance zones around 1.22396 was clearly broken in the month of August 2022. In December GBPUSD retested the previous resistance. The prediction based on this is a short/bearish movement. Since this is a never seen low, I can not identify how far it may drop.
Short
by tevingg
DGSTACC: MACRO ANALYSIS OF QQQ / PENNANT FORMATIONIn the chart above I have provided a simple analysis on what can be considered for when it comes to the overall market. 1. Pennant Formation is provided by taking higher lows and lower highs with a point of convergence. 2. If followed through Pennant path can force price action to previously seen pre-covid times. 3. This would in fact validate a completion of GOLDMAN SACHS 340 market bottom prediction for SPY if QQQ is to fall to 240. Note: This Macro chart will be used for reference and complete a more micro analysis of QQQ.
NASDAQ:QQQShort
by DGSTBROKERACC
SHORTING GBPUSD For the short term LOLKey: Orange bars= Take profit Areas Blue bars= Key areas Overview For the long term I believe that this pair is going to be bullish. However, in the short term I think that there could be an opportunity to hop on and get in on the retrace down to the 1.1930 levels, because that is the last place where price stopped at, and it also lines up well with the Fib-retracement tool. The Plan Currently price is in a mini consolidation. I am going to wait for price to break and retest my lower key level (1.2060) before getting in for a Sell down 1.1930, the orange lower level. Plan B If you fail to plan you plan to fail . In the case that price doesn't break my lower key area , it could go long. If it wants to go long I will wait for price to break and retest my upper key area (1.21500) before getting into a buy up to 1.2250. * I have also set up alerts around my key areas so I can be ready for price when it gets there. Information created and published by you on TradingView is not prohibited, doesn't constitute investment advice, and isn't created solely for qualified investors.
Short
by Rob-ert-Na-than-iel
GRND IPO POP then DROPOn the 15-minute time frame, the price action is decidedly bearish over the past couple of days. Gauss filters downward. The Ichimoku resistance against a reversal is thick. Price has dropped more than 15% each day. The RSI indicator shows dismal strength and no signs of divergense to herald a reversal. I am in this as a short seup and have profited well taking a partial each day. Option plays are not available. Once the bear trend burns out, this will be worth looking at for a slow uptrend. So once the relative strength drops to below 25% or some bottoming wicks and Doji candles appear on the lower time frames, I will look to take the profits and trade the uptrend. ( this may bounce up from the POC of the volume profile as a reaction to support. ) PLAY the VOLATILITY !
NYSE:GRNDShort
by AwesomeAvani
$ETH will dropJust my opinion but from what I see, the price of ETH will drop in the next few days, let's remember that we are less than three days away from the eth merge; from what I see in many posts, this is something that has people in uncertainty about the price, some saying that the price will go up like foam, and some saying that the price will fall like a snowball, the reality is that nobody can know exactly where the price will move, but at least today I see a double top pattern (see 1hr chart), SSL Channel with a downtrend and MA21 crossing above the candlesticks. This is something very normal after a rise like the one we saw days ago, market rises like this don't continue their course, only the rises with fundamentals behind them are the ones that are maintained, we will see what the merge holds for the price of ETH.
BITSTAMP:ETHUSD
by icheeetah
40W valid Trend line broken, we are moving upAs you can see on the attached chart last week got 40W VTL broken. It was touched from the bottom but it is consider it as a trend lne break. It is actually a confirmation that's the nest of lows og 40W cycle is behind us and that the bottom for recent drop was 17K. Now someone is pushing a little last drop to happen butstand still and don't Use too much leverage 5 times leverage is the most higher using now to protect against so called Chinese 10% drop.
BITSTAMP:BTCUSDLong
by bartekhl
Welcome to the Chop Shop4100 seems to be the price area where the market is in equilibrium. Still some downside to 4000 in my opinion. Some chop around 4100 while market consolidates the recent Rally. 0.618 retracement to the downside may find support. On the other hand, markets may try to close the gap at 4220 before the end of the week. Either direction seems like a lot of chop. TSLA is quietly trying to hold up markets as an ascending triangle forms as the split on 25th closes in. Energy is blasting off, if only to hang itself in the future. Inflation is not being kind to HD joining the club of H&S patterns forming. DXY double top could mean revert.
SP:SPX
by SPYvsGME
9
Bitcoin bears back in charge!Bitcoin bears are back in charge, we now fully expect Crypto to trend towards the downside, especially if the US data coming out this and next week indicates further rate hikes. Rate hikes impact crypto currencies as they are counted as risky assets... similarly to the NASDAQ, yet crypto never really lived through a strong hiking cycle, hence why we believe the downside could be very extended and Bitcoin could even drop below the 10k mark if not even lower. - Only time will tell, and more importantly we do not focus on predictive trading, rather being reactive, so we are just as ready to buy as we are to sell. We had long positions right until Friday where our stops were hit, we then waited for valid entries for the sell side and when they came on Saturday we executed the sells and added on to them today, we are building a "big short" position here. Good luck to everyone!
BITSTAMP:BTCUSDShort
by PrimedGroup