its bout to blow the hell up trustdue to the petrol falll coming up and politics a war might even be coming bombardier will build trucks for it. its a possibility.
technical analisis is due for
tight sl on it
TOP
BTCUSDT - Reverse Bar Pattern - 3HR - Bitcoin is trading in the lower trendline area of this rising channel.
A rejection at $65K and a break down of the channel could see this play out.... and we have all seen a rounded top.
I
Projecting Bitcoin 2021 top from projected 2022 Bear market low:Bull market tops and Bear market lows have been lining up on log chart.
Reaching Cycle Top (Total-Daily)Looks like this cycles getting close to the top.. will it break the resistance trend? Maybe but I doubt it.
Looks like its going for correction, multiple coins are over extended and overpriced without support.
(I'd buy the dip, Not Financial Advice)
What do you guys think?
CAD/JPY Possible reverse?!The pair is forming a nice double top pattern, after a long and strong positive run. Price is getting its correction, so a negative movement is about to happen. Take your profits at the level of 88.50, or even risk it further to 87.50, which are very strong support/resistance lines
Please follow and comment, if you like my ideas
Good Luck and Good Trades
Broadening Formation?The market is currently bullish, and it continues to be bullish until the market says otherwise.
This idea is not to try to be a fortune teller, telling the market what to do,
but a possible scenario that could happen so if the market is deciding to act on it, we will have it in our mind and follow its bidding to the downside.
The trend is your friend, so keep listening to it...
Ethereum - Looks like topping out 3000 USDHello Traders,
Here we see the 4 hour chart of Etherum. As often, a picture say more than a thoussand words.
We are in the top of the trend channel and the target of 3000 USD is almost reached.
I now expect a pullback because we are on the top of the trend channel, we have the formation of a rising wedge and we see declining volume during the rise.
If the price breaks trough the top of the channel then this should happen with good volume. Again long if best on a retest of the upper trend channel line.
We love Indian, so We love WRX !!! own WRX now target 1 : 3.78$
target 2: 4.6$
target 3: 12$
today you will see it change!
« I told you ». Exit all markets. List the clowns. And learn.Big structural weakness. The signal can't be clearer...
Please take a moment and look at the crowd on Twitter ignoring the dump and looking for the next 100x coin. Some in the crypto market since before 2017. Unforgivable stupidity.
Just two of them for the example
OTC_Bitcoin : Always wrong on the macro since January 2018. Then will delete compromising tweets and pretend he was always right.
mobile.twitter.com
@michael_saylor : Told his audience to mortgage their house and buy Bitcoin on April 14th 2021.
mobile.twitter.com
List them all and stop listening to them...
BTC topped ? indicators say so...In the previous cycles, whenever the pi-cycle indicators crossed we always had a top and a start of the bear market (or a correction at least), will this time be different ?
If this is an actual top, then bitcoin will start to move down and we caught the top to short,
If " this time is different " then bitcoin might(or not) have some correction and continuation upward, the top cycle indicator probably alerted many people to close some of their positions, so at least a correction might be on the way.
I am cautiously shorting with a stop-loss that I am ready to lose in case I am wrong and we are in a " this time is different " case..
Trade safely :)
Take profit or wait?According to this indicator, we are not in the red dangerous zone. Probably we'll see in the future if this indicator is reliable, meantime smart traders start to take profit maybe with a small/medium part of their mid-term holding (from 30 to 50%) leaving the other part on trailing stop.
Tesla : ... Must come downThis is it ! This is a very interesting price for Tesla. The hunt for a wave B top could be over. A top comes when least expected and there are a crazy amount of ultra bulls around now. Let's see what the next couple of days bring.
First Blow Off Top in 6 MonthsA few months back, I wrote a guide for identifying blow off tops in the S&P. I've linked that idea below. We are currently witnessing all the signs that a blow off is in progress.
BITCOIN Time to clear some SMOKE. Once the smoke of the market clears off, you know, the Internet will pick back up and go.
Following my 1st view on bitcoin Link below.
With Risk Management you will never loss.
Thank you
