Big dump is likely to come in the next few daysLow momentum.. Highest laverage since 2 years.. And investors are afraid going back.. So the best move for market creators and whales is to dump it and purge the market in order to move up again.
✅ Liquidate future traders
✅ Crash the market so investors will go back to take adventage of the dump.
✅ And of course whales will be the biggest winners.. Since they will decide where to sell and where to buy.. + Liquidating all long positions and entring the market from the lowest possible price.
We may witness a bulltrap and a fake breakout but any other scénario but a big dump means that we are being leaded by a bunch of stupid non greedy whales 😅
Dump
ETHEREUM close to channel resistance 🧨the price is close to channel upper side and now we expect correction for the price at least to our support line and next target is located on the chart 🧨
second possibility (weak)
the price touching our channel resistance and breakout happen 🚀
This is not financial advice, always do your own research.
If you have any questions fell free to ask, you can write it in comments below and I will answer.
bearish candlesticks for BNB 🧨 as i motioned in my previous analyse the price become close to important daily trendline 💣
and now we expect correction for the price and our target are located on the chart 🧨❌
This is not financial advice, always do your own research.
If you have any questions fell free to ask, you can write it in comments below and I will answer.
BTC General LOOK and Road in my opinion I would love to hear other elliotticions opinion on this scenario.
So for now we are almost reaching the end of wave 4 wich was the longest wave of them all , wave 4 is usually the most longest wave . As we seen it broke the 0.3 fib level so i expect to reach 0.5 wave 4 maximum fib level wich is 53700
. after we complete wave 4 we will dump to the last wave 5 that will make an A wave ....
After this we will have an impulse wave B wich will take us ussualy to .618 fib level wich is 56500 , after this B wave is completed we will have a last wave C that will take us to 25k .
Thank you watching my chart !
daily head and shoulders for USDJPYas you can see here we have incomplete daily head and shoulders and the price here is close to trend line near the the shoulder resistance so we expect correction for the price at least to 112.80❌🧨
and 112.80 is sensitive support area for the price so if the price breaks the 112.80 ( head and shoulders neck line ) and stay below this area we expect more dump for the price ❌🧨
This is not financial advice, always do your own research.
If you have any questions fell free to ask, you can write it in comments below and I will answer.
A huge drop for bitcoin. are you ready A huge head-to-shoulder pattern is being completed, and we will probably see a huge drop in early 2022, with prices dropping to around $ 14,000. So do not rush to buy because great opportunities are on the way. And the biggest and worst issue in the recent trend of selling whales and Maple companies is macro-strategy, and many other issues that prove to us that the uptrend is definitely over, so be sure to divide all your assets into dollars so that you can Take advantage of future opportunities.
shoooooooooooooooooooooooooort !!!
US30 its getting close!!I'm watching us30 for a while now and it's finally moving in the direction I like to see. I marked all the details on the chart so you can understand why I think this and where you can maybe take a short
but keep in mind to wait for a confirmation in the POI and only then take a short.
I'm not a financial advisor but if you have any questions ask them in the comments.
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US30 incoming dump/pullback?!us30 jumped up a lot and it finally showed its weakness and that's the supply zone I marked it even made a liquidity grab for the sellers that got in too fast I'm not waiting for a change of character "CHoCH"
and then I will sell on the fresh supply zone but I already toke a risky sell on the top just to be sure with a tight stoploss
no financial advice
It points to the Bollinger lower band in the weekly time frameWe are literally dealing with a descending triangle formation. As you know, this type of formation tends to break down and in this case where we have a downward momentum, unfortunately, it points to the Bollinger lower band in the weekly time frame as the price target.
TOTAL | H8 | Technical AnalysisRally or Bear season? Yes both! The market fell from 3 trillion to 1.930 trillion, there are still those who don't call it bear season! How long will this bear season last? If it goes down very fast, and it goes down to 1,800 trillion, this bear season may be over by February! However, we are currently in decline!
BTCUSDT strong support zones formed here after dumpTwo strong support zones formed here first one is near 0.5% and 0.61% Fiboancci and the second one is the 40K daily support zone.
if the price manages to break these support here then the market is extremely bearish and dump is expected else we can expect range and rises here like green paths mentioned on the chart.
The main resistance zone is near 55K and if it breaks price can pump hard.
DISCLAIMER: ((trade based on your own decision ))
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#BTCDAILY - 6.DEC.21 MACRO LOOK AT BTC#BTCDAILY - 6.DEC.21
MACRO LOOK AT BTC
What a few days!!! We have been dumping now for about 24 days - so if you've made it this far without selling or DCA'ing well then keep it up! Although we will probably have a little further to go. After taking some further time to look at current movement versus previous patterns $40k-$42k is looking more and more like the bottom to me. I think we are going to move into a descending triangle/downward wedge from here.
There is a slim chance of bouncing to $53k from here but SLIM. The support we are on at $46k looks weak.
Currently our Key supports are:
$46k
$40k
$30k
This is not a FUD analysis but a heads up that I think we will drop further to target stronger DCA buys and accumulation.
Things to look out for is key adoption (Amazon, Ebay, Apple), Spot ETF (Grayscale, ARK), national adoption (similar to El Salvador etc.) or even PayPal opening the doors in other markets to turn the tide.
MACRO VIEW of BTC uptrend!!!Macro view of BTC market in uptrend. We can see 4th dump of this bullrun on 1W time frame.
Actually Bears do not have big Volume , this is average Volume against big May dump.
It looks like ending of the up trend, maybe big Correction, BUT! MACD made a Red - Cross.
Next days and weeks will show, how market mean it.
BTC possible decrease Bitcoin has hit the 50 day MA today after $900 million has been liquidated. This has caused bitcoin to start forming a second shoulder in a head and shoulders pattern on the 1 day chart. At the time of writing bitcoin is $49,000, following the head and shoulders pattern bitcoin could see $55,000 before further plummeting to $40,000. However, if bitcoin rebounds from the 50 day moving average it should pass all time highs of $67,544 to possibly see $100,000 by mid January.
BTC BULLS ARE NOT DEAD YET BUT THEY WLL GET A BIGGER REJECTION The entire Crypto market crashed today and Bitcoin Dump to 10k to hit my Nov prediction support of 42k to 38k support. This is a video update of that BTC dump prediction and here is why a bounce is likely before more dump. A full technical analysis review on today's BTC price dump with Bitcoin Gorilla.
In my last video analysis on 15 Nov 2021, I talked about two important support 42k to 38k and 32k to 28k range. the first support got hit this morning and is currently bouncing but there will be a retest of this support range before buyers can confidently bounce good but I don't expect a new ATH at this point instead a stronger rejection is likely.