RED HOT! When is the housing market going to crash?I didn't say that this post is 'red hot'. And I don't know if or when the housing market is going to crash. The captioned question in a popular search engine rose 2,450% in the past month! That must be super red hot! What's the RSI on that? 😄😂 Expand the chart by pressing the + icon, for a clearer view.
There is extreme chatter in the blogosphere about housing bubbles and crashes. Some want to understand why all the interest in that. After all if something doesn't make sense what's the point of paying any further interest. Oh - except if it's US Equities and Bitcoin - right? I get it - some see sense in Bitcoin and Stock indices going north so they're ploughing their money into those two. The 'sense' is ' The FED has my back.. I'll hedge against a crashing US Dollar! '. That's all people know - I'm often told. Has the FED got your back on the price of your house? I don't think so. But I could be wrong. I'm actually wrong about 60% of the time. And nothing here is advice, anyway. So nothing I say seeks your belief.
Ahhh.. so what's that crazy spike in searches on the question? Could some be worried? Oh yes the 'some' are probably those who made a killing; now looking for signs of a true peak, to dump on those looking to buy into a superheated market. They're in the search engines checking out carefully for news and early signs of a reversal. Some are nervously watching for potential rises in interest rates and hyper-inflation. Those sort of folk probably know little about technical and fundamental analysis.
Is there a peak as yet in the housing market? Nobody can know because there is no dip and no double top at the leading edge, to define the peak (as yet). That means it can still go far more north - to dah Moon, for example. 😉🤐
So for those who need to understand what's going on with house prices, I speculate the following:
1. The parabolic end of the curve up suggests to me this is a stampede of competitiveness among many who think that all bearish sentiment in the economy has been crushed. These are not the likely to be a large proportion of the people searching madly the captioned question.
2. People with cheap credit have jumped on a bandwagon, thinking perhaps " A new dawn is ahead..we've beaten the virus. We have vaccines. Time to git going! Things can only get better. " You know the song?
3. Some believe that the rise in equities plus virtually unlimited monetary and fiscal stimulus means ' They've saved the economy. '
4. Housing property prices took a leap because there was more demand for homes in the pandemic period. But that's not the only reason. Anyway the initial pump got the bull market going. Then came the stampede with some false peaks as jitters set in for shorter periods. I'm not a housing sector analyst.
Now compare what happened in the CONSTRUCTION, PROPERTY & REAL ESTATE INDEX (chart below). Hmmm.. construction? Yeah.. that's nothing to do with housing - right? Think harder. Sound traders and investors know that the best moves they can make in any market involves 90% of their time spent thinking!
Is the housing market in the US a bubble? You and I won't know until after the sound of a POP!
If you have other ideas, do share. Let's get that discussion going.
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HOT
HOTUSDT, Needs more correction or Not. HOLOHello my friends. Like always everything is clear on the chart for you. We have two scenarios, the price in the temporary descending channel and now under a strong resistance baseband, So I expect more correction to fib 0.32 If fails to break the baseband. Totally keep your eyes on the circles zone and watch the price's behavior at this areas. Good luck
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Salam be doostan. hame chiz rooye chart moshakhas hast. inja 2 ta senario darim ya shekast base band va roshde gheymat ya edame eslaah ta fib 0.32 ehtemalan. beshakhse entezar eslaah bishtar ro daram agar natoone moghavemat base band ro rad koneh. dar kol raftar gheymat tooye dayere ha ro rasad konid. moafagh bashid.
like va follow baraye hemayad va didan tahlil haye jadid faramoosh nashe :D
#Holo Breaks Strong Resistance in 4H Timeframe!Currently #holo has nicely reacted to it's 20EMA on daily timeframe . with the breakout confirmation in 4H timeframe , from a bull flag pattern , it is a good time to buy #Holo. headed to 0.618 golden fib. after volume confirmation, we expect the price to go as high as 0.06 as it's first target.
other scenario which in highly unlikely is: breaking down the strong support and hitting SL in 0.013.
Good Luck
HOT to 0.015HOT is moving toward the main growth line / support line slowly an will bottom at 0.015 - 0.0151 and go up after meeting up. It will do a retest of support if you missed the first chance, but personally I would put either a buy limit at 0.0151 or for bigger change of hitting at 0.0152 as from there it should go up.
HOT.USDT (Y21.P2.E3).To Rise againHOT or HOLO did well and its likely found its bottom and will create a familiar re-accumulation structure like many of the ALTs.
Some ALTs performed ahead of others and others are just braking out.
Hence HOT is to re-accumulation.
Observations:
> Daily 20 ema (black) has confluence with the macro 0.618 fib retracement
> Daily 10 ema (blue) acting resistance with the 0.5 fib level
> Wedge break is what it looks like with the target as per the post
Thoughts:
Some re-accumulation wyckoff structure to take place
I'll buy in here by looking at the smaller time frames to the precise entry.
Sell at the target range or earlier and look to buy from the buy zone as per chart.
Trading strategy:
Aligned with Daily Cradle strategy.
All the best,
S.SAri
We are still in a bullish trend - Macro VisionThe last days could be considered part of the second big consolidation period for holo. The first and the actual consolidation phase I have circled in red(more or less). With the actual BTC Dominance under 58% I can consider quite possible another leg up to 0.03-0.04 before the 15 of April.
HOT/USDT - Future (LONG)HOT/USDT
Binance future (LONG)
Leverage : 10x-20x (cross)
Entry price : Shown on Chart.
Take profits : (% of each target is shown on chart.(
TARGET 1 : $0.01900
TARGET 2 : $0.01950
TARGET 3 : $0.02010
TARGET 4 : $0.02100
TARGET 5 : $0.02160
TARGET 6 : $0.02220
TARGET 7 : $0.02300
Stop loss : $0.013
USE MAX 10% OF FUNDS
@a_madan