Chainlink reached bottom on weekly RSICould this be the bottom? we should achieve our breakout by next week.
Forcast
What if this time isn't different? A 2 year scenario projecting the financial crisis of 2008-2009 into the future
Chart (W, LOG):
Stocks: The averaged futures for SPX, NAS and DJ were weighted so that a 1 point change will imply the same change in $ terms. (For weights see www.barchart.com
200MA, 50MA, and 21MA
Today's price and date: at the intersection of the cross.
Financial crisis: Purple box on the left
Implied scenario: Purple box on the right. Left edge starts 10/5/2022 ("Today" .. for the next 10 min)
Methodology:
The scenario is a scaled up copy of the box at 2008-2009. It is stretched to fit the current price, and it's 3 MA's.
For simplicity the price / time aspect ratio was preserved.
Criteria for 'best fit' (using IEI ) were the absolute level and curvature of the 3 MA's. In other words, the distance between the MA's, their slopes, and the speed each slope was changing.
Main Implications:
The scenario implies a crash (ripped from Feb 2009) beyond the March, 2020 COVID low, as far as the highs of 2015. This is after the end of QE, when Greece went into default and the Yen was devalued overnight .
"Bottom" of the implied crash is one year from today (10/5/2022).
Notes:
1. IEI : I eyeballed it
2. Gann would not be happy and the result could be different on a RENKO or equivalent treatment of time (a great follow up idea)
3. The night the Yen was devalued I held positions in gold in bond futures (GC and ZB). I have used stops without exceptions from that day on.
best graphics:
Worst case scenario for BTCthe scariest thing about chart is lack of strong Bermuda below, just a lonely one-minute level (red) on 40150$ . the next support levels are on 35K and 33.5K, all of them from one-minute time frame...
On the other hand heavy remaining orders from any time frame has created Bermudas above...
so I can imagine the worst case scenario for Bitcoin to hunt 41.9K buyers and start massive dump after that...
it needs a big fundamental news to creat such a massive fear, zombies are coming soon perhaps ...
there is a more hopeful scenario for BTC which was my previous analysis and forcast, linked below...
Chainlink Bearish till End of MayHigh of $15 only!!! After that, Expect a Low of $8 around the 3rd week of May or Beginnjng of June.
APPLE Forcast in Weekly TImeFrameIf the trend line will be broke in few weeks ahead. we will see a significant retracement to 80.
We think there is an opportunity to buy apple in 80 dollars.
Short-term forcast for BTCbased on the strength of Bermuda's , I can see that 46K will be reversal pivot for bitcoin because there are m15, H1 and H4 purple levels close to each other ...
let's see whats going to happen...
KAVAUSDT - Daily chartThe price has reached a strong support area based on two Fibonacci.
Susceptible to negative divergence.
You also express your opinion in the comment.
Thanks a lot.
ROSE / USDT ... Day trading SIGNALAs you can see in the chart in 2 H TIME FRAME this is the pattern that we are in
Just wait for the confirmation to make a short or long
Those who know me, know I do day trading based on patterns and breakouts so use my analysis for the short term and just take the advantage of the market
DO NOT FORGET TO USE STOP LOSS
THIS IS NOT FINANCIAL ADVICE
IT'S MY PERSONAL OPINION
FET / USDTAs you can see in the 4H Time frame this is the pattern that we are in
Just wait for the confirmation to make it long or short
I do day trading based on patterns and breaks out SO just use my analysis for the short term, not long term or holding
The targets for both long and short are in the chart
THIS IS NOT FINANCIAL ADVICE IT'S JUST MY PERSONAL OPINION
DO NOT FORGET TO USE STOP LOSS
Cardano finding support @ $1.11Looking at a retrace to $1.11 area for a double bottom Bullish setup. Watch if this breaks down further. May form a small H&S to fall to $1.00 area. We need to have Cardano maintain and hold a support level above $1.28 to confirm its uptrend. Anything less we're still in a downward slope. Looks like this pullback will indeed hold tho and further higher highs are inevitable either way for THIS week. Good luck and have a great week!
MASSIVE SHOULDERS ON CHAINLINKAre we ready to pump it up? Chainlink is now retesting lowest support $18-$17. Is this the beginning of a new chapter for chainlink? Let's hope so. I feel we have a Ton! of support in this area to not go any lower. $50+ for Chainlink coming to us this summer??
EOS / TetherUS Weekly Timeframe for Investment and Swing-Trade HI
here we have EOS analyzed using complete Price Action method where its key levels lies on the Key Fib points and absolutes support and resistances are specified.
as you can see we have two Target Zones where we are forecasting the price will reach ultimately
we may have some retraces as we reach each TP zones...
please comment your opinions
CKB / USDTAs you can see in the chart I draw you our targets if CKB can break its resistance
Just keep eye on it
This is not financial advice do trading based on your own analysis
DO NOT FORGET TO USE STOP LOSS
USOIL free signalI recommend buy USOIL at this levels we have a great occasion in the chart + indicators
Forcast XAUUSDHi traders, this time I'm doing a gold forecast to find out the price direction
Currently, gold is still bearish and will go down to pursue the nearest strong support
Forcast XAUUSD Hi traders, this time I'm doing a gold forecast to find out the price direction
Currently, gold is still bearish and will go down to pursue the nearest strong support
GBPUSDWe are at the bottom of the bearish channel
.
I expect the price to move down after breaking the trend line
A cleary vision on FB futurHere you can appreciate where FB is going.
The Fibionacci Arcs are very practical tool to have temporal and price forecast estimation.
Buy EurAud long termI can spot a long term buy on euraud, a break from the resistance zone would complete the setup you can either wait for the break of the resistance and when it turns support you place your entry and hold for the longest of times
Breakout + or - for Chainlink Here's a simple idea on chainlinks Breakout ( red circle ) keep an eye on support and resistance marked in this graph. If it drops it could go to $10.
Bitcoin B**S** Week Review Feb Mon 7thTraderMan PennyPorkChop looks out for opportunity to survey and examine the latest value activity in the market in a way that makes it helpful to you.
Utilizing Technical Analysis, I play out an insiders view of the activity in the financial exchanges today and gives you my Day Trading of 6 years of Trading Volatile current market , examining market patterns , and interpreting of where the market is going.
TraderMan PennyPorkChop Focus incorporates - Specialized Analysis - Exchange and market Education - Pattern and Pattern Analysis - Market Psychology - and Trading Mental Health.
👉 If you enjoy this video, Please like and share it.
👉 Don't forget to subscribe to this channel and press the bell 🔔 for more updates.
SPY Stock Analysis - S&P 500 SPDR ETF Stock Price Prediction for Tomorrow Monday
We go over the SPY stock - S&P 500 SPDR ETF stock, and give our stock price prediction on the SPY stock, our SPY stock price analysis, and stock price forecast on SPY for tomorrow Fri February 7th .
SPY STOCK: THIS IS A SPY STOCK PRICE PREDICTION, SPY STOCK PRICE ANALYSIS, AND A SPY STOCK PRICE FORECAST VIDEO.
. My Ideal Views are looking for new ways to think about Trading.
. No BS Technical Analysis that works, period.
. Day Trading and Swing Trading.
. New Traders Welcome.
.Swing Traders Welcome.
. You get Daily SPY STOCK pre and Post Market and the Price Spy ETF price predictions Weekend editions.
. TESLA stock along with TESLA share Price including Tesla After Hours.
DISCLAIMER: No financial advice, the information on this channel is provided for education and informational purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness, or fitness for any particular purpose. The information contained in or provided from or through this channel is not intended to be and does not constitute financial advice, investment advice, trading advice or any other advice. The information on this channel and provided from or through this channel is general in nature and is not specific to you the User or anyone else. You should not make any decision, financial, investment, trading or otherwise, based on any of the information presented on this channel without undertaking independent due diligence and consultation with a professional broker or financial advisory.
____________
