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Historyrepeatsitself

DJI Biggest Move In History Comming Target 50,000.00On the Timing arrays it is seeming to look that the DJI is about to make one of the biggest move to the upside this year in History. It has been long over due. I believe that the Dow is going to soon rally to 50,000.00. I do believe this target will be met this year. There are many reasons for this to be possible, this estimate is based on human behavior, capital flow and historical events. Of course where we will have to be worried is in early 2022 where we may see a missive crash followed by a real possibility of a two year bear market due to political issues that are currently in the works.
TVC:DJILong
by maplehunger123
11
$LINK: We've seen this before. What next?Ok there's a lot going on here, but $LINK has been following this pitchfork channel pretty well for almost its entire existence, so we have some precedent to work with. - 4 separate times it has touched and or broken below the lower blue 1.0 deviation on the pitchfork. After each of these times it's pumped pretty hard. - Chainlink has also climbed steadily in a nice channel before a breakout multiple times, as indicated by the orange boxes. I think that the market is primed for summer and that we'll see some ridiculous growth in the next few months. HOWEVER! I wouldn't be surprised to see people capitulate and for $LINK to retrace back to $20 dollars and touch that lower blue 1.0 pitchfork prong. Either way. I'm stacking linkies as much as I can. It's literally the most important project in all of defi and arguably all of crypto. I'm so comfortable in $LINK it's not even funny. Short term price action is just for entertainment :) Enjoy! ~ maxbro
BINANCE:LINKUSDLong
by its_maxbro
2
Crypto Total Market Cap Excluding BTC AnalysisHey guys this is my second post, just wanted to share some ideas about the previous market cycle on the HTFs and how it feels quite similar to the one we are in. As can be seen the first red horizontal line shows the market being disrespected by the 21 Week EMA (candles can be seen closing above 21 but there isn't enough strength to flip the sentiment). That is until market breaks above the 21 and retests it (red arrow pointing at retest point) showing there is strength to allow a continuation and market is respecting the 21. Consolidation can be seen indicating a slight cool off of the market before making another run up. The first red flag that confirms that market sentiment has shifted is where the 21 is broken where a fake-out then occurs indicating market is being disrespected by the 21 Another important oscillator to watch is the RSI, you can see RSI made a double top pattern from where the consolidation period started to where the market top was reached indicating a reversal was imminent. So far the market has generally played out quite similarly to the last cycle, its just the macro scale seems different than previously What Im really eager to see is a consolidation zone retesting the 21 before another leg up (similar to the 1st highlighted white box). This would then be a good time to fill up some bags possibly These are just my thoughts and observations, who knows how the market will play out, but history always repeats itself, thats for sure. Thanks for reading peeps
CRYPTOCAP:TOTAL2Long
by TrippyA
It's time to ZOOM OUT and get REALPlease have a look at this chart. Scroll all the way back to 1999. At present day we are very far above the 50d moving average. It's frightening how high we are. Bearish divergence from Jan 2020 to present day. Bearish divergence in 2018, leading to a 20% retracement. Bearish divergence in 2007, leading to the global financial crisis. Bearish divergence in 1999, leading to the tech/telecom bust. History will repeat itself, I think. We are currently in a very worrying position. Look at what these bearish divergences have shown in the past. To return to 50d MA levels would mean a 13% correction for S&P 500. If we fall below that, we should start considering a full blown crash/bear market.
AMEX:SPY
by Huntz
4
BTC Wave Analysis Theory - I like to use history to predict future wave patterns. - I fully understand that it is very unlikely that history always repeats. - This chart took me five minutes to make. - The point is to point out that we are still early in this bull run. - I expect not the same wave patterns to play out. There is good probability it could look something like this. - This theory is based on the moving averages & historical wave pattern of BTC. BOLD PREDICTION FOR BTC 2021 - Ath may come sooner than most think. Indicated in the chart. This is not a price prediction! Feel free to leave any comments. I would love know what other people are thinking. Oh and if you like drop a like.
BNC:BLXLong
by AthenticWhale1
4
GBP/USD History Repetition? An interesting situation. It took 2436 days for the 2017 highs in October to find a bottom and then reach a new high. If history is to repeat itself, we are on a cusp of another breakdown here. In support of this idea: -The price has reached the resistance/prev support levels - Has reached and began to pull away from the 'Top Trend' (as show in the snapshot provided) - Weekly Stoch RSI looks ready to tumble down -DXY looks to have reached its bottom and can see growth for the next few weeks
Short
by SkyTrees
3
XRP MoonBoy DreamWHY XRP - XRP is the ultimate moon boy crypto. Traders have been shilling this coin since the last ATH. It has the biggest active community in this space w/ good reason. - This crypto has a real use case. A use case that actually makes sense. If you can make any process faster and cheaper; there is money there. - Historically speaking, technology is a economic driver. Our society went from trading goats to trading gold to trading fiat to credit cards. - Now a days, the young generation is glued to their phone. Everything is done on a smartphone. When these kids grow up, they are always going to prefer using their phone to pay. Its already happening with Venmo & Cashapp. - That isn't where XRP shines. This crypto is going to be used by the federal banks. Transferring money isn't easy to do in todays world. It has to go through certain channels and middle men that get their cut for doing the delivery. Banks don't like this coin yet because this will make them lose money. Soon, these big banks will have to conform to society's demand. - As a real estate agent, I have had clients that bought real estate in other places in the world. XRP saves them money because its CHEAPER & FASTER. XRP CHART ANALYSIS - XRP serves as the best crypto to have a very long position. - XRP is a one mover crypto. The way I like to describe XRP is that it is a ticking time bomb. Without proper positioning, traders get absolute wrecked because they fomo in and hope it moons on mars. Meanwhile, the experienced trader has been swinging this thing and making a small fortune. - I am predicting that we are not far away from seeing this thing take off again. It really depends on when we hit the bottom. If the bottom is in, I can see us repeating what happened last time. My chart is assuming that it already hit the new bottom of this bearish cycle. I base this theory on the bitcoin halving already taken place. - I am a big believer in the EMA. From hours of analyzing this chart, there is common theme occurring relating the EMA. - I have been positioning. This is my long coin. For entertainment purposes, I can see XRP at $18.00 within the next cycle. What will it be in 10 years? I am new to this space (tradingview). Feel free to comment, follow, or like. I will do other coins.
Long
by AthenticWhale1
3
Facebook retrace under 200emaI came up with this theory with Apple and back tested it with Facebook to see if it would come to an are of significance again like it did with Apple. If you take the average price drop between the last 2 major corrections, 2018/1029 and the beginning of coronavirus pandemic, you get about 90.64. If you subtract that from Facebook's top at about 250.1 you get 159.77. During the first correction, Facebook dropped to about 120, right under the 200ema. Then during the second correction, Facebook dropped to about 140, again right under the 200ema with about a $20 price difference from the first correction. A 160 correction would put us a $20 price difference between the last correction and also right under the 200ema
NASDAQ:METAShort
by Hunter710