I think this is very clear to go down 0.0025Metahash supports are broken and going down to 0.0025.
The big support was 39.
This is not investment advice.
DROP
BTC is dropping hard!The correcture we saw in the last weeks, has continued. Many people thought we reached the bottom (based on trading volume and big wales buying), but the correcture is continuing. The inflation is making pressure on BTC, which is only fear, because BTC is deflationary. For the longterm I think, investors will buy again and understand that BTC is a good save asset.
A bearish signal is this wedge that formed, it could bring BTC a correction of 50 percent (not that probable). I think we will be catched up in the 30-33k zone and then get a retest of 42k. But I am careful and lowered my positions (no financial advice!).
Hope I could help you!
US30 Dow Jones Crash on MondayNice expanding cone to the downside.
Will likely crash through the week into the FOMC meeting.
Bitcoin Bear Market DropBasic Chart Details:
- Use the 50 MA
- Use the 200 MA
- Use 3 Day Chart BTC
- Fibs are confirmation of bearish trend hitting targets.
Theory
- This is a bold call. I predict the collapse of the market coming once the 3 day MA's get closer.
- Exact same scenrio happend in 2018. I hope to wrong.
- Counter arguement would be that we go on rally from this point and the MA's never meet an pump to ath.
- 75% Bearish odds to 25% bullish odds
- Not to mention. Most stock index's have already had this play out.
NZDUSD - Potential Bearish Here is a new SELL Scenario for NZDUSD , there is here a very high probability for this pair to fall
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reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals
USDJPY - Price need to cool downHere is a new SELL Scenario for USDJPY , there is here a very high probability for this pair to fall
JamdeJam will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals
WE GO WHERE?IMA I saw AUDNZD in downtrend,yesterday evining the price reached dynamic resistance and OUR SUPPLY ZONE and give as a potential confirmation in 4H CHART.This makes many trader to look these three createria"RESISTANCE,SUPPLY ZONE and CANDLESTICK CONFIRMATION" and make them,to have a bearish decision to go SHORT,This is a long journey of price in downtrend.we expext more than 2 mouths the price of AUDNZD will be in downtrend.
InMyOpinion
NZDJPY H&S Formation - Huge Sell opportunity Here is a new SELL Scenario for NZDJPY , there is here a very high probability of head and shoulders formation.
I expect a sell between 80.400 - 80.700
JamdeJam will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals
EURUSD - Huge Drop Expected - Eyes on 1.10000Here is a new SELL Scenario, i expect a huge drop toward 1.10000 during theses days week
The risk aversion to the benefit of the greenback ! (Safe Heaven)
With all the sanctions, and the war ongoing, the situation is not going to improve !
JamdeJam will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals
USDT DOMININCE 6 HOUR UPDATE Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
USDT DOMINANCE breaks out this middle resistance of this big ascending channel pattern now we have expected
that it can retest the middle support then bounce up to 5.52%.
let's see how the candle closes.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section
Cardano about to drop?Cardano has just finished a shoulder head shoulder formation which means that Cardano is more than ready to do something very drastic. Cardano is in Sell right now and that is for a good reason. Cardano has a very weak support to help it raise. Cardano will go up to the resistance at 1.100 but then it will begin a bearish trend all the way down to 0.876 . Below Cardano are some remarkably interesting support levels but it seems to be out of reach for now. We have seen some drastic drops before to compare with, but Cardano will drop around 20% the next few days to some weeks.
AUDUSD - Potential retest ContinuationHello Traders
Here is a new SELL Scenario, this pair has extented his recovery, and may fail to pass this resistance 7160/83
for now this is just a probability, if it break the resistance, it would suggest further strength
JamdeJam will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
Bitcoin: Potential Wyckoff Distribution completedAlthough still continuing with an uptrend on the 4h chart, we now can see a clear Wyckoff Distrbution being completed for bitcoin which can be a signal for a significant upcoming drop.
If this Wyckoff Distribution is confirmed with a drop within the next 24 hours, we can expect bitcoin price to go down and test support at ~39,000 mark.
However, at this moment we are in no mans land for various reasons but specially because:
1. Wyckoff Distribution forming or complete, waiting for reaction
2. Potential golden cross between the 20 and 50 EMA forming in the upcoming hours.
3. Superbowl event is expected to have an effect as crypto commercials will take place which is a historical moment
4. Russia vs Ukraine geopolitical situation is one of the major factors to watch as any news regarding this can cancel all other signals.
It is recommended for traders to refrain from any trades and observe a market trend shift.
POSSIBLE QQQ CORRECTIONSThis chart shows the next two major congestion bands on the Q's.
More than likely one of them will stop the fall. But which one? About 20% or 30%?
Hard to tell from the chart and possibly the FED's actions will ultimately control this.
But Powell is no Volker...About 1982 Volker raised rates until the Long Bond yielded about 18%.
That put quietus to stocks and housing bull markets.
Remains to be seen...
🎯 HISTORICAL EDGE – $FB closes<200MA and GAPs DOWN over 20% Well this seems like a no brainer but if we test when has this happened in an NDX constituient 👇
From 2006 to present =>
this has happened: 30x
and the times it has happened 84% of the times there was an average move of -4% in the stock.
Is this an alert: NO, just a word of caution.