Maybe, maybe not.I foresee something like this may happen in both ways.
We must get to number 2. Find there support to start thinking about good things.
Good luck.
Neutral
A bit of Hope 5Double bottom.
I liked this last reaction of the bulls.
Bull trap in the afternoon, bear trap at night.
I might be totally wrong about calling bear market and I apologise if that is the case.
Its always good to be cautions and wait for the worst. React with patiente at the right time.
A bit of hope here, but still on defense mode.
$CSCO with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $CSCO after a Negative over reaction following its earnings release placing the stock in drift C
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
$RYAAY with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $RYAAY after a Negative over reaction following its earnings release placing the stock in drift C
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
AUDUSD Neutral Forming pennant structure, no directional bias just yet, awaiting break in either direction before taking trade position accordingly
$MAR with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $MAR after a Negative Under reaction following its earnings release placing the stock in drift D
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
$HMC with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $HMC after a Negative Under reaction following its earnings release placing the stock in drift D
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
EURUSD - Neutral Pre FOMC minutesWe still hold a neutral view on EURUSD pre the FOMC minutes later today as we await indications on whether the FED still see rising inflation as transitory. Any deviation from the current narrative towards tightening monetary policy would cause a sharp sell off in the currency pair. This is despite EURUSD gaining upward momentum in recent weeks as both the 20 day MA and 50 day MA are significantly higher than the 100 day MA.
BITCOIN - bullish or bearish ?Bitcoin is acting very indecisive last 2 weeks and is making wrinkles for investors.
Currently the price of Bitcoin is 43K$ ,but standing at very important point.
We can go lower to 40K and test last high.
If the price breaks under ema200 it's still okay, but if ema's do bearish cross then
we can say that bear market is here.. maybe for 2 years maybe for 6 months.. :)
For the bullish side we need rejection from ema and then we need to breakout
from this "upside down parabola" move...
But for the long term best you can do is BUY and HODL !
BTFD!
A bit of HopeJust trying to find if a bottom is in or not.
This last dip gave me a tiny bit of hope.
A bit of Hope 2Cenario 1 (red) - we test MA and then go lower lows. Bad.
Cenario 2 (green) - a miracle and we go to 57k. Good.
(magenta) - areas of big resistence.
Wish you all good luck!!!
BTC/USDT ANALYSISToday we are doing simple analysis of BTC/USDT chart. We will not short or long in this situation, this is simple analysis to make better decision later.
We see BTC dipping further towards the $43k range which indicates a futher downslide is coming, however we do see a bullish cross on the 4HR MACD so if BTC makes a move upwards it will meet resistance
at around $51,131, if it pushes past this resistance and 4HR candle closes above $50,835 then we can enter long target $55k. If BTC continues to drop we will possibly see $42K, I believe it will make a slight move upward and
bounce off resistance and continue it's downward move towards $42k, would be decent short oppurtunity but let's wait for confirmation.
As you see we never take profit at exact resistance and exact support, we take profit slightly before to protect our funds.
Resistance: $50,835/$59,507
Support: $46,832/$42,301
We will sit, watch, and wait from here for any entries
important areaIf the formation breaks down the support trend line and goes under the sma200 it will become very bearish
$MO with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $MO after a Negative over reaction following its earnings release placing the stock in drift C
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
$GSK with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $GSK after a Positive over reaction following its earnings release placing the stock in drift B
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
$MMM with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $MMM after a Negative over reaction following its earnings release placing the stock in drift C
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
$RTX with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $RTX after a Positive under reaction following its earnings release placing the stock in drift A
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
$SBUX with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $SBUX after a Negative Under reaction following its earnings release placing the stock in drift D
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
Silver - Neutral Pre US inflation data We have changed our view from short to neutral as Silver has continued it strong upward momentum and consolidated above resistance at $26.6. There has been an increased demand for Silver for protection against the risk of rising inflation and it's uses for industrial production including electrical vehicles and solar panels. Silver is therefore expected to benefit from Biden's proposed $2.3 trillion infrastructure bill and we await US inflation data tomorrow for any significant price action.
Serious Danger here BTC tankingWe are pretty damn close to having this Ascending Wedge fall completely apart...Formation actually looks good for a short if it does. I am current long, but taking some time to decide if I want to close or at the very least raise my stop. Next day is critical to keeping BTC from collapsing into the low 50s which would naturally add more shorts along the way...Repeated failures to retake and hold above 59K have given this game to the bears.
