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Euphoria

TSLA is in the Thrill/Euphoria stage. Be cautious. -TSLA is in a very strong, parabolic uptrend. In my opinion, this stock has entered the Thrill/Euphoria phase of the market cycle. This is a good time to be cautious and evaluate the situation accordingly. Lots of indicators are suggesting this stock is very ahead of itself, and it is only a matter of time before the chickens come home to roost. TSLA is a not a stock to short as we've seen the last several weeks, but if you're long, how much more does it have in the tank? These are important questions to ask yourself as price is in the Thrill/Euphoria stage. I attached a link to the Wall Street Cheat Sheet (Psychology of a Market Cycle) below that has a nice infographic that shows where I think TSLA may be at the moment. -If you guys recall, I made a bullish tradingview post when TSLA was around $180 several months ago. If you'd like to check it out, the link is here: -The Wall Street Cheat Sheet (Psychology of a Market Cycle): wisecryptos.com -This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk. I am not liable for any incurred losses or financial distress.
NASDAQ:TSLA
by Deftsuo
S&P 500 on an endless high SP 500 in an eternal high SPCFD:SPX TVC:SPX If not everyone, but most people in the market must suspect that there is something strange going on in the economy. We are slowly discovering that the last bullmarket was marked by interventions that brought a certain artificial expansion. It can be said that companies and the market have grown on fragile supports. That's what we see clearly in the S&P500. The lack of good supports. What we can expect is that when a reversal movement finally comes, the fall could be brutal. But we still see the market surfing a Wave 5 end. I can make the last projections there near the 4000 which is when I expect the price correction to finally come or being more pessimistic a Crash in the market. I don't know when that's gonna happen. But the notes are for the next 2 or 3 years. I sincerely hope I'm wrong and all those who have been warning about it. Now for the important part of the analysis. The price has left an area of value in a range that is below and above 2700. This same region is where it formed this 4 wave and also serves to project the next high pivot that is already in progress and entering the upper hatch range which is the current resistance at 3300. Let's see how the price behaves on this level. Whether the market will create a new acceptance area or reject this price level.seeking a correction and a test of the value area. If the price does this and continues to rise it would disfigure this analysis. Let's see what will happen. Buying power keeps coming in. Certainly it is to maintain the euphoria of the market that already shows clear signs of exhaustion in the bullish move. ***************************************************************************************************************************************************************************************** SP 500 numa eterna alta Se não todos, mas a maioria das pessoas que estão no mercado devem suspeitar que existe algo estranho acontecendo na economia. Estamos descobrindo aos poucos que o ultimo bullmarket foi marcado por intervenções que trouxeram uma expansão de certa forma artificial. Pode se dizer que as empresas e o mercado cresceram em cima de frágeis suportes. É o que vemos claramente no S&P500. A ausencia de bons suportes. O que podemos esperar é que quando finalmente vier um movimento de reversão a queda poderá ser brutal. Mas ainda vemos o mercado surfando um final de Onda 5. Consigo fazer as ultimas projeções lá proximo aos 4000 que é quando eu espero que venha finalmente a correção de preços ou sendo mais pessimista um Crash nas mercado. Não sei quando isso irá ocorrer. Mas os apontamentos são para os proximos 2 ou 3 anos.Sinceramente espero que eu esteja errado e todos aqueles que tem alertado sobre isso. Agora vamos a parte importante da analise. O preço deixou uma area de valor num range que está abaixo e acima dos 2700. Essa mesma região é onde formou essa onda 4 e serve tambem para projetar o proximo pivot de alta que já está em andamento e entrando na faixa hachurada acima que é a resistencia atual em 3300. Vamos ver como o preço comporta nesse patamar. Se o mercado criará uma nova area de aceitação ou se irá rejeitar esse nivel de preço.buscando uma correção e um teste da area de valor. Se o preço fizer isso e continuar subindo desconfiguraria esta analise. Vamos ver o que irá suceder. Segue entrando força compradora. Certamente é para manter a euforia do mercado que já apresenta sinais claros de exaustão no movimento de alta.
OANDA:SPX500USDLong
by livemzavhenrique
Bitcoin Dominance’s Gaps Left & “Golden Cross” on D ChartBTC Dominance - Diversification Towards Bitcoin CRYPTOCAP:BTC.D Introduction The following analysis focuses on the topic of the Bitcoin dominance - how it is appropriate to read the information and what it gives to the traders and investors, as well as what forecasts can be done based on analyzing the information of its values over time. The Bitcoin is the first cryptocurrency that appeared more than 10 years ago and since then it is truly dominating the global crypto market. Of course, in the beginning, it was just the Bitcoin and no other crypto currencies were existing. At this point of time there was no need of an indicator as the Bitcoin dominance. However, later on, by facing rapid expansion and having hundreds and even thousands of other secondary crypto currencies (called alts), there appeared a need for having an indication of what portion of the market is still held by the flagship crypto currency, compared to all the rest. Bitcoin's dominance is moving within the range of 94.67% and 99% throughout the whole period of its inception until February 2017. From this moment on, the percentage of market dominance is sharply heading south. The solid 90%+ level is broken downside and for just a couple of months, the BTC dominance is almost twice reduced - down to 57% in the beginning of July 2017. Should this be considered as a new trend, a new wave, or a revolution that brings the industry to the next level? Relatively - yes, but at the same time this statement must be accepted with some reservations. Diversification Towards Bitcoin In a time of uncertainty at the financial markets, diversification from a risky to safer assets is something desired. When there is a world crisis ongoing, most of the fiat currencies such as “Euro”, “Japanese yen” or “Chinese yuan” become less attractive compared to the US Dollar. The US Dollar is providing safety due to its worldwide recognition and usage. Following the same logic, the Bitcoin, as the first official cryptocurrency on the market, got the right positioning and recognition in order to be the true dominator on the long run. The uncertainty around the current market situation is resulting in an aggressive escape back to the Bitcoin. The lines on the Daily CRYPTOCAP:BTC.D chart are gaps that had been formed in the past. Technically, the gaps are those areas on a chart, where the price of the financial instrument moves sharply up or down, with little or no trading in between. As a result, the asset chart shows a gap in the normal pattern. On the Bitcoin chart, gaps were left around 96,4% and 72%. Throughout the history of the stock market there is a rule that the gaps get filled sooner or later. By having gaps filled, the trend restores it’s old original direction. With all that said, from a technical perspective, the chart give us information that a retracement to 96,4% will take place. Fundamentally, a statement as that could be explained as a continuing switching back to Bitcoin, thus altcoins will get weaker and weaker in time compared to the oldest crypto asset. Furthermore, on the D chart from Figure , the 50-candle MA had crossed the 200-candle MA, forming this way the so called formation “Golden Cross”. Golden Cross indicates an incoming long-term bullish market in the near future. Technically, from this point, the 21MA, 50MA, and 200MA will play key support levels from where the percentages of BTC.D can easily bounce and continue rising. Conclusion The main reason for the creation of so much new altcoins from 2016 to the end of 2017 is connected with the euphoria stage around the Bitcoin. The crypto market had a need for new financial instruments to be used for diversification and maximising the profit. With the creation of new coins, some of them gaining more than 1000% return on investment (ROI), the euphoria stage became even more deceptive. After the market confirmed “Dead Cross” with the crossing of 50MA with 200MA, money started to flow from altcoins back to Bitcoin. The time of aggressive diversification has started. Technically, on figure 5 can be seen the open gap around the blue zone at 96.4%. At some point that gap must be filled The Bitcoin will return it’s domination over the market. That could be accomplished with continuing diversification towards Bitcoin with more growth or a coming correction over the whole market. In a short term Bitcoin Dominance will have to test 200MA on weekly chart, zone around 71% - 72%. Test of that area is crucial for how the altcoins going to act in the next 6 to 8 months. A retrace after testing the 200MA weekly is more than likely. Potential support zones will be 65.8% BTC.D and 62.7%. If the market could close a weekly candle over 72% and touches 74%, the growth of Bitcoin Domination will continue aggressively towards 84% and as final target 96.4%. If the support around 65.8% and 62.7% cannot hold, the next retracement zone should be 60% and 58%. In long term expectations are for continuing growth of Bitcoin dominance towards it’s end target of 96.4%. All of this points out to a situation of expected global trend for escaping from altcoins and turning back to the classical crypto asset until more developments are made in time.
CRYPTOCAP:BTC.DLong
by Kairos-Alpha
3
BTCUSD - Old Channel Top, no way that breaks!For the moment --- NO ALTS, JUST BTC. Sell between 6500$ and 7700$. There is heave resistance from the old channe drawn in purple. People could soon come back to earth. There is going to be a massive shake off. I expect it between the 20 and 28th of May based on TD Setup and Countdown in different Timeframes. Actually if the 3D chart keeps up the great work, on the 25th of May! D TD: 13 completion somewhen around the 20th of May. 3D TD: 9 13 Completion on the 25th of May and ends on the 28th of May. 4D TD: 13 on the 21th of May. 9 on the 25th of May. 5D TD: Hopefully not in another Countdown/Setup phase by than, because it gave us great signals so far. 13D TD: 9 13 Completion starts on the 24th of March and ends on the 6th of June Also the Weekly 100 SMA at 6513$, where we could possibly wick through but not close above.
BITSTAMP:BTCUSDShort
by Thierry88