ETHUSDT Is ETHUSDT is due for another drop ?
As the ETHUSDT is trading in descending channel and repeating the pattern over and over again.
creating a support and breaking it for around 2.7%.
Will this pattern be repeated for this time as well?
Dropping
My first trade this weekLet's do this 😁
Ive been bearish with GBPAUD for long and now I'm in again to the next level 1.7250
Reasons:
I had a nice consolidation at the 1.7500 and it did Break
Also broke my trend line
Retest the consolidation and trend line
Price just wicked at the consolidation break
15 mins closed with a nice bearish engulfing am in SL above candlestick pattern tp ALL THE WAY DOWN TO NEXT PHYCOLOGICAL AREA
NICE 1:5.49 RRR
The possibility of the fall of BitcoinIn my opinion, considering the current market situation, the probability of Bitcoin falling to the next resistance level is almost 60-70% higher!
However, I predict three different scenarios for Bitcoin that you can see in the chart
But according to my personal experience in the market, I warn you to always expect surprises from the market! Especially in the crypto market
Suggestion for beginners: Right now most of the analysis in the public will tell you that the market and the price of Bitcoin is falling to the lower level, because the chart tells us the same thing, but it may change before the fall, until the analysis Your personal one is not in line with the analysis of more professional people, don't bet your capital and look at it in the spot market and for long-term investment.
Currently, my suggestion for beginners is to use the Martingale method to get the most profit in the long run.
Share your thoughts with me
Alireza Yarian
BTCUSD Clear Bearish Double Top has formed. SHORTS CONTINUEA BEAUTIFUL, CLASSICAL Double Top in BTCUSD - thsi is a STRONG Bearish formation has been completed on 4 H and 8 H time frames.
As the Markets of Nasdaq and S&P will continue the fall today - a VERY GOOD OPPORTUNITY for SHORTING bItcoin TODAY.
POTENTIAL SELL SET UPBITCOIN price expected to drop to new levels, as the ongoing war in UKRAINE continues. so this is a good opportunity for traders to go short. Price expected to drop to $32 000
Btc following my recent idea and we will see btc 38k-39kBtc is following my recent analysis , it made few green candles above support at 41k and now dropped again to next support and we might see 38-39k . Please take a look at the related idea below .
Also i noticed that it bounced above the orange line which is the trend line back from the previous bear trend at the beggining of 2022. Will talk about it in following idea.
If interested in analysis of any crypto. Comment below
Follow for me and trade safely.
Always do your own research
BTC - 4h - dropping volumenJust woke up, and saw this rising wedge with dropping volumen.
Lines are may not finaly set, but give a good view that we should get soon a correction down
Meta (Facebook) is this the bottom?Meta(Facebook): Is this the bottom?
So this is just done on the technical side of the analysis.
So let me give you my personal answer first off I think that when I look at the chart on a technical view this is not yet the bottom.
When We have a look at the zone that is drawn op in the chart in orange we can see that the price did go below that when we got the news of the bad numbers.
We can see that this zone was support and resistance in the past already.
Normally when we reach a zone like that we need to see what the price does here. For my personal experience there are 2 things that can happen now.
Either we get a break of the zone to the top side and we go up after that. We could also see a break and then first a retest of the zone. When it than is unable to go and break the zone we will see a good move up.
The other thing that I see that could happen is that we break the zone to the down side and that we after that could go up back to that zone but after is not able to break that zone. After we got a retest of the zone but not a break of the zone we could see a big pull to the down side. What I think could happen is that we will go down to the next big support that we can see in the chart.
What I think will happen is number 2. We can see that the price is now below the zone and that it already closed 2 times below that zone. It did go up a little today and did touch the zone but as long as the price is not able to close above the zone I see this price going down even more.
The one thing that we do can see now is that the price does seems to be at the 0,618 level of the Fibb.
When we look at the drops that we got in the past we can see that the last time we got a drop after earnings where there was about the same big volume traded was back in 25/06/2018. Then we got bad revenue.
We can see that the first time we got a drop of 21,39%. The total drop off that was 42,75% before we went back up again.
We did went into a bear market for this stock for 150 days. So it did take us a while before we got that.
What we can see now is that the price now already dropped about 26,62%. If now the same thing is going to happen here then we could see a drop even to the price for 185,14. So we could see a bigger drop but like the last time it could take us a while before we get to that level.
All of this data can be viewed by the data that is on the chart in white.
In conclusion:
I think that the price will drop even more now and that we can get this stock at an even better price. For now I will just wait and see what the bottom is that we can get here but for now I am not going to buy this stock.
If you have any questions feel free to send me a message.
If you like the idea do not forget to give it a like and feel free so share your idea on this in the comments.
Everything you see on my profile is just for educational purposes only.
SPX - DJT - CORRELATION CONFIRMATION - DEMAND IS NOT THERE!SPX - DJT -CORRELATION CONFIRMATION - DEMAND IS NOT THERE!
The SPX and DJT are highly correlated, this is to say that the correlation indicates the underlying demand for goods requiring transportation. In a previous chart using the same tickers I showed you that there was no confirmation of an economic 'slowdown', this time we do!
NOTE where I have made notations. The previous confirmation was Februray, 2020 - need I say anymore.
** NOT FINANCIAL ADVICE **
ALICE head and shoulders pattern!!!ALICE is making head and shoulders pattern!!!
if its break the neckline We can expect going down to 12.50
Bearish case for silverThis would be the bearish case for silver:
Triangle pattern broken to the downside. Price quotes are under the 50's MA. Target for this case according to the height of the triangle would be ~17 USD / Oz..
According to inflation and so on it would be a rather unlikely scenario, but the market does what the market does.
XXII restructures $7M inv diversifying into hemp/cannabisXXII still has very profitable outlook in low nicotine tobacco and now exchanging $7 investment for ownership of cannabis/hemp farm, which gives them production opportunity and profit opportunity.
Could swing briefly to resistance at $4.06 limit entry opportunity.
EOS will tank soon40% is just not sustainable esp. at this rate when BTC is barely moving. Target of $10.5 soon. Get out while you can....
USD/CAD Is Dropping FastLast week, USD/CAD broke through the support which has been holding for almost two (!) years. After the support was broken, the price dropped around 1.3% in two days. This hard drop suggests that the price will continue to drop further in the coming weeks.
I consider Support 1 and Support 2 as areas with a high chance of reversal / exhaustion. Feel free to select your own profit targets.
watch out, btc bearish crossingbtc like clockwork has never once failed to take a 40% to 6.5x dip crossing above 9k, if you feel like its a prelude to jumping to 20k I hope im wrong but logic tells me im not, short this or use a tight stop
EURUSD Short My analysis shows that resistance line barely hit! so we should wait for a downtrend breakout to TP1 when confirmed target will be TP2. Don't forget comment, like and criticize my analysis!
LETS MAKE MONEY TOGETHER
btc will drop to 5 or 6 channel in weekly timeframehi everyone
i guess btc will drop to 5 or 6 channel in weekly time frame
XAUUSD descending channel and H&S formationPotential long-term H&S formation. Price is getting rejected at the trend line. On the 1H time-frame fib 78,6% has been touched perfectly. I have entered short, tight SL 1621 or for any potential wickfishing up to 1638 just in case as it doesn't affect much the RR is still nice 18.1 with TP-1 around 1424.
NB! This is no trading advice, do your own analysis!
Mark My Words.... XRP is here to stayI tell you the truth, even when you dont want to hear it or cannot see it. We are shortly before a major announcement here in the US.
Things are changing financially everyday and there will be winners and losers, so you should tread carefully, it could go either way short term, but long term, the practicality and usability of XRP is gaining adoption from industries alike. Long or short is of no importance, what is important is how you mitigate your risks, so go at it cautiously, or get REKT!
XRP will mkost likely go lower, but in the 6mo-10yrs will be higher than we are
Short then Long this option is on our radar.
