BTC BULL TRAPThe Carnage isn't over yet, its only just begun.
BTC is displaying massive HIDDEN BEARISH DIVERGENCE (HBD)
Bounced perfectly off a double bottom, and ran straight into the confluence zone (C.Z.) (marked with the 0.382 and 0.618 fib level) pushed through then was swiftly rejected.
Price tried the retest, but that was also rejected.
From the top of the range ive drawn a box to the C.Z. then coppied it and placed it from the C.Z. down and it gives a predicted price of 2861.4, the HBD is also an indicator that we are going down.
In this chart
there is a formula for calculating pride predictions with HBD and Ive backtested it with previous price (please not its not precise to the cent and should only be used as an estimate)
In this chart
there is also 2 x HBD and ive used the formula again
Now that youve read it all go back and look at 3121 in the chart at the top, hence the box ;)
Time will tell how this plays out!
The
Shorting Opportunity for EOSShorting Opportunity for EOS.
Currently in a RISING WEDGE which is a bearish indicator
RSI nearing overbought
MACD Showing Bearish Divergence
BTC Running rampant ruining everything
Happy Shorting.
Possible Long Position for ADA/BTCTesting out a new trading technique using Bollinger Bands on the RSI, price should retrace to the suggested buy area and with ADA being in a triangle, (similar to the XRP pump in September(i think??)) and currently down 89% from ATH this puppy should moon, if all goes to plan it'll probably blow my targets out of the water.
Genesis Vision - Long OpportunityGVT - Currently down trending and yet to bottom out, possible bottom is the 10k area. GVT is respecting confluence zones, has bounced off previous ones as show below in this description, Ladder buys between the 10.5 and 10k area with a stop loss set at 9887 Sats, possible target is the 11.5k area
MACD is Bearish
RSI is the middle
50 MA is above price
Look at the RSI when it hits the confluence zone (double top)
The confluence zone found the next bottom perfectly and again when it hit the confluence zone the RSI made bearish divergence (double top with price decreasing)
Bitcoin's hodlers panic sellingRepost :
Diesbelief time for the bitcoin supporters
"The stock market is a device for transferring money from the impatient to the patient." -- Warren Buffett
I hope crypto Market too :)
RSI never been that low on the daily.
But I see no buy back at these level, people expecting new lows to buy, will we see another leg down? What are your thoughts about bitcoin , what are the key levels you are actually aiming at ?
For you this sell off was the capitulation or there is some more blood to come?
Imo there is one last dump before a new accumulation.
Nasdaq 100: NAS100 Powell Rides to the Rescue Nasdaq 100 NAS100
After an early session fail at the neckline Nasdaq duly found the support it needed but it arrived just above the 6698 line and then shot higher as Powell rode in to the rescue.
It's since powered straight to the next target at 6902-6919 after a high at 6917.
Thank you Jerry. Thanks to him that IHS completed in a few minutes flat :)
It's shot up 3% today and is a little over-extended right now.
As with the other indices covered tonight it would be handy if it came off from here, breaking below 6900 to trigger further weakness back to 6795 where it should bounce again (and from the neckline at lowest) in the event of weakness once 6900 is lost.
And if we don't get the expected consolidation from current levels it can push higher still to 6955 at likely best overnight before it begins to consolidate from there - if so will have to see how it holds up at 6903-0 on any retests to judge how strong it's likely to be during tomorrow's session.
Has to break above 6920 to scalp long to 6955 and then has to break above 6960 to follow long again (in event of no consolidation) to 7096.
Bitcoin in a no trade zone I think it's very risky to take position here, I'm just watching, hoping for the previous trend line to become a support, would be very encouraging. If it break down, I'm not expecting a big downside, unless if it break the green resistance. Great probability to stay in his range.
More incertitude in the market due to the tether drama which have a significative importance in the price action, bad news could be terrible for bitcoin. Bakkt, Fidelity,
Coinbase-Blackrock rumor can be huge catalyst, only few informations and still nothing accomplished yet. Lot of things needed to ensure the sustainability of bitcoin but it still seems to have a bright future.
What are your thoughts ?
The Greatest Depression (coming soon)The current Dow Jones overlaid with the Great Depression crash. This will not be a 2008 rerun, this will be lining up for 4hrs on the street for a bowl of soup next level shit. It will most likely usher in the end of debt base currency. The 19th of July 2021 will be a day for the history books.
Going long on RIPPLE THE OLD CRIPPLELol 90% retrace? and people still think its overvalued XD
Tp levels in image
I rarely give signals out for free due to my VIP product but things are really looking good in the markets and I see big things coming so out of generosity this one is free
remember STR buy signal of 2017? yeah same story again here with ripple.. speaking of that STR is breaking out of its bullish triangle
hope you all stay profitable out there!
NDX: Nasdaq 100 A good end to the week in storeNasdaq 100 NDX
Reading 2578 now - can come back to 7569 on the open but
should hold hold up here if the day is to remain a good
one....think it will be after a twitchy start. Marketmakers
need to try shaking the tree to get some stock on
board...don't think they will shake out much though - which
should bode well for the rest of the day if correct.
A potentially great end to the week in store...
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The Golden Profits Prophecy is True: EURUSDTHE GOLDEN PROFITS PROPHECY: 09.05.18
Price has hit a Resistance Level with FOUR RE-TESTS ON THE PAST.
Wait, let me check my not... THE PROPHECY*
It is "said" that price will rush down towards the 1.15671 level. Therefore, you can already decide as to whether place a position or not.
Furthermore after it hits the retracement level, price is going to return to a small resistance above it , where you guys can choose to add a new Short position.
After that, price pretends to continue its advancement towards the KEY RESISTANCE LEVEL, at 1.15259 .
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ENTRY: 1.16190
STOP-LOSS: 1.16443
FIRST TARGET (or you can choose to let your position on) : 1.15671
SECOND AND FINAL TARGET: 1.15259
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It's what the prophecy says, I'm just spreading the words.
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DISCLAIMER: No religious assessment was made in reality. In this case, saying "prophecy" is just a friendly-joke and therefore these words did not come from a certain god.