Dollar Bearish Divergence US dollar is overinflated with a strong bearish Divergence.
Its also hitting a critical level on the Fib extension.
Lots of big companies have been buying physical gold to hedge against the market and some are buying BTC ( that's why BTC is rising the past 2 weeks).
So get ready for an economic shakedown.
And remember...cash is king.
USD-BTC
BTC/USD - weekly Analytics + Altcoins 09.08.2021In our opinion, bitcoin has been in the rising trend since the false breakout of 20.07.2021. The local correction from 01.08.2021 to 05.08.2021 finished with the impulse growth, which indicates the future rise of the quotes. Globally, the next target lies in the area of 48.000 dollars, after its overcoming the road to conquer the mark of 58.000 dollars will open.
We consider TRON and HIVE as the most perspective coins for development of a steady growing trend. (the idea is confirmed by local growth impulses)
BTCUSD 4H (after the retest, will get 45300)Bitcoin, like we said in the previous idea will goes to up, by breaking 41000, and we got it, i think now the time to growing bitcoin to up, especially if can stable the price in here or above here one day,
So I expect will make some retest then will grow up, till targets.
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General direction (long term): Upward
Entry: above 41000
Tp.: 45300 and 51000
Sl.: stable at the support line (under 40000)
S&P 500 - Standard & Poor's 500 IndexThis will be my final analysis on the Standard & Poor's 500 Index until the market bottoms out.
I urge all investors that have extreme long exposure to exit the market due to economic uncertainties and political agendas
Vaccinations leading to a 3rd wave has created an economic situation we have never experienced before.
Markets are currently topped out and in an extremely overbought territory!
Most stocks are in bearish momentum
If anyone is looking for trading assistance you can contact
maverickassociates.wixsite.com
DogeCoin - Elon Musk you have been used!Hello everyone,
Dogecoin is going to cost a lot of people a lot of money. But what really happened? Elon was the pawn in an evil game here - Believe it or not! He is a bit clumsy himself and will have realised his mistake!
The largest crypto exchange in the world starts leveraged trading with Dogecoin. Elon Musk is so nice and makes a gift to the whales! The two events coinciding here should hardly be a coincidence! He posts per Doge and makes the coin known. What profit was possible for the whales here is probably equivalent to a trade of the century. As they say - that was a noBrainer!
Billions in capital from ordinary citizens are now being destroyed here! And this with the help of a man who takes himself a bit too seriously on Twitter and doesn't think about the consequences of his actions ... unbelievable!
Unfortunately, no all-clear can be given from a chart perspective. The most important support has fallen and the downward trend is likely to continue. My target price is about 0.1 cent.
This assessment will only change if the zone around 0.3 cent can be broken upwards with volume. Honestly, I wish it to everyone who is invested here!
Please pay attention to our risk note! I am not an investment advisor and this analysis only reflects my personal opinion and is not a call to individual action!
If you want to support my work I'm happy about a like & follow 🙏
Best regards & success!
Max from ChartDigger
BITCOIN blows the trumpet - NO ONE wants to hear that!!!Hello everyone,
I know no one wants to hear this, but it's time to come clean to all the MOON boys who are making promises and keeping you happy. What does the chart tell us, what is more likely and what are the possible scenarios for bitcoin?
First - anyone who has been following me for a while knows I am currently perma-bear on bitcoin. My short analysis has hit the mark and so far I have no reason to doubt that this assessment will continue. To rule out conflicts of interest immediately - I am flat on crypto - and with good reason! I trade stocks and that's currently a lot more fun than the coins. Anyone who is interested can have a look at my other analyses!
Even in the current mood of the end of time, Bitcoin can clearly hold on to formations that are now becoming clearer in the chart. We are talking about the trumpet 📣
"The Trumpet (Broadening Formation) is a relatively rarely occurring chart formation. Basically, it is a triangle open to the right, whose boundary lines run further and further apart at the top and bottom. The angle at which the upper and lower boundary lines diverge can be arbitrary. Normally, however, the formation is symmetrical. This means that the boundary and support lines diverge at the same angle. There is no favoured direction of breakout. The trumpet can occur both as a trend continuation formation and as a reversal formation (top formation)."
What this means to me is clear. A definite statement cannot yet be made. Nevertheless, a clear tendency can be seen here and it doesn't look so great. The price remains weak, continues to fall and recoveries are more of a homeopathic nature! A breakout on the downside is therefore currently much more likely for me. The problem here is that if the formation breaks out to the downside and the price cannot be intercepted, the crypto market will probably be trapped in a long-term and tough crypto winter for good!
The only possible remedy: the price must leave the formation to the upside, or be caught vigorously at shot target 3 on a breakout to the downside! Honestly, I wish it to everyone who is invested here!!!
Please pay attention to our risk note! I am not an investment advisor and this analysis only reflects my personal opinion and is not a call to individual action!
If you want to support my work I'm happy about a like & follow 🙏
Best regards & success!
Max from ChartDigger
Matic Is not feeling so goodGlobal trend is pushing too much pressure on Bitcoin right now, hence BTC would pressure other alts.
What's happening right now:
Signs of retracing/crash:
1. CFDs on Gold are falling hard (looks still bearish)
2. SPY is aiming to 100
3. Silver is similar to Gold, both of them were signals weeks before big crashes on the market
4. Housing bubble is again insane right now (not only in the US)
Gen-Z should work for 30 years straight just to buy a house without paying mortgages and being slaves to the banks
5. Gov. Bonds are falling
6. Commodities are falling too
Plus, Matic is still sitting on massive gains, a lot of people still believe in bullish trend reversal
My goal: 0.52 - 50% , 0.31 - 25% , 0.22 - 25%
Be careful and don't be greedy, it's just my POV on things.
Inverse head and shoulders on the 1 hourWe seem to be forming an inverse head and shoulders on the 1-hour timeframe after hitting the strong support area around 0.78/0.80 earlier and being rejected by the 0.89 resistance.
We have also backtested the break back into the large triangle and should see some upside here.
RSI is moving nicely around mid-40s and MACD can cross trigger line at any time.
As we know if BTC moves so will XRP so although the technicals show a possible move up to a target area of 0.98 it could also be halted at the resistance areas before that at 0.9 and then 0.95.
All depends on if we break the neckline and with what RSI, volume and what BTC does. If we break the neckline and possibly confirm then we can safely enter a long trade.
Not financial advice, just calling what I see.
Any constructive criticism appreciated.
Ripple, XRP, SEC and the FUD of the century - My final idea.
SEC's price suppression on XRP is coming to an end as it is rumoured that SEC employees and whales have already bought as much as they could at low prices.
Earlier this year the defence case for the San Francisco firm had looked dead in the water with maximum FUD, haters clapped and weak hands sold, according to crypto observers.
The SEC file its lawsuit a few days before Christmas 2020, claiming its founders were selling it's product, imagine that? a company selling products is something unheard about until now. They also stated its founders were getting rich, something unheard also.
Now, six months on and after series of bruising battles, it appears the odds are now with Ripple Hodlers.
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Dear TradingViewers, so this is my last and final idea, it was fun while it lasted but my humour is not for everyone and I keep getting banned in here, thanks for everyone's likes and comments, all the best.