Will SPX500 breakout higher and carry Bitcoin and Crypto?Will SPX500 breakout higher and carry Bitcoin and Crypto?
For Bitcoin it looks like a bearish continuation (maybe a fakeout).
Ethereum at lower bear flag border.
But bullish breakout of traditional market not confirmed yet.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
Wallstreet
Bearish breakouts ahead for #Crypto and #SPX500 ?!?Bitcoin and Ethereum forming a bearish flag... traditional markets a triangle.
I am open for every positive surprise.... e.g a confimed w-shape pattern - less likely.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
Triangle vs. w-shape pattern... whats next for #SPX and #CryptoBearish scenario:
A possible triangle on Wallstreet and SPX would likely break to the downside since trend came from downside direction - trend continuation.
Bullish scenario:
A possible w-shape pattern could play out with a big bullish signal after inhibitions before FOMC - positive impact on Bitcoin and Co as
consequence.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
Possible bullish divergences on Crypto and Stock marketPossible bullish divergences might lead to short recovery for Crypto and traditional stock market.
Of course FOMC Rate Announcement on Wednesday 26/01/2021 will cause volatility and possible further down-pressure.
But from TA point of view a recovery seems to happen in short-term.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
SP500: Market Crash Incoming?! Are We In a Bubble?We are now at a critical point in the markets since the Wallstreet and other commodities hit the ATH with an outstanding performance. This is how I see the S&P500 Index for the upcoming weeks and a huge crash is possible in the markets. If this scenario plays out this %32 drop is coming after the %100 rally in SPX and 3K is the main support for this crash IMO.
DJI (2H): That mini crash - what does next week hold?Well, there is trouble in the markets for sure. Last week saw a meltdown of about 8% from one peak, on the DJI.
My crystal ball broke a long time ago, and I'm not getting a new one from Ebay. 😂
The video outlines how vigilance on the 2H timeframe paid off for anyone who wanted to short this market.
So - what about next week (beginning Mon 24th Jan)? No predictions, all you get is probability and some of my experience. (Note the disclaimer below)
There is a massive gap between the 2H ATR line and the lowest price point. That in conjunction with the deep dive (much of it being panic), suggests that dip-buyers (unless they've wised up) are gonna plough in.
What those folk are largely unaware of is that Wall Street traders can not only sell but short sell.
What if price gets above the 2H ATR line next week or the following week? It doesn't mean a lot because there is the mother of 4H and 6H trends in the bigger picture. In fact there has already been a major shift in market sentiment on the 1D time frame. That's something to do with the FED, and interest rates etc. But in technical analysis causal factors are not so important.
A grind down further from the current price point is also possible.
My overall estimate is for rebellions. It could be very wild out there next week. That's good for scalping if you know what you're doing.
Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
#Wallstreet with bullish divergence? Effect on #Crypto?Since the traditional markets and the crypto assets still are coupled...
... the bullish divergence did not play out on S&P500
... still the possible bullish divergence on Wallstreet might even help Bitcoin , Ethereum and Co to recover as well.
This are all 4 hourly charts - so we are only talking about short-term.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
Will a bullish divergence play out for SPX500 and Wallstreet?Since the traditional markets and the crypto assets still are coupled...
... the possible bullish divergence on S&P500 and Wallstreet might even help Bitcoin, Ethereum and Co to recover as well.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
SBEV Walmart distribution deal, and make sure to read the restSBEV is pretty crazy, they just got a distribution deal with Walmart and Ralph's 187 Grocery Stores . The ceo keeps locking in deals week after week. His name is Robert Nistico, he was a former VP at Redbull, the 5th employee that led the start-up from zero sales to $1.45 billion. Keep in mind this guy is well connected in the beverage industry. He's even branding his companies with celebrities and athletes and growing sales for all of the brands owned by Splash Beverage Group, which is a lot of them, I listed them below, the links are the brands SBEV owns.
Keep in mind current market cap is so low that the company is an acquisition target. They could very well get acquired soon. If SBEV doesn't get acquired, at this pace, they will continue to grow, locking in deals, and possibly acquire additional brands to take the company to the next level.
Brands owned by Splash Beverage Group (SBEV)
tapoutdrinks.com
www.drinksalttequila.com
www.copadivino.com
www.pulpo-loco.com
So where does SBEV go from here? In my honest opinion $15-$20 per share but if the shorts get piled up at $10-15 then SBEV could possibly reach $40 to $50 per share from a short squeeze. Similar to what happened with AMC and GME
AMC Entertainment (NYSE:AMC), and GameStop (NYSE:GME)
Please share my research with others if you found it useful, thank you so much.
Critical level for #wallstreet #spx and #cryptoSince the traditional markets and the crypto assets still are coupled...
... the current price level and pattern on the 4h chart may breal to the downside and cause more donwards pressure even for Bitcoin, Ethereum and Co.
But a bounce to the upside on the other hand will have a positive effect on Crypro as well.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
Update: Bitcoin vs. Wallstreet or Ethereum vs. S&P500 ...Bitcoin vs. Wallstreet or Ethereum vs. S&P500 ...
Of course I can't predict the future but for the next short-term movement a second move slightly lower for traditional markets is possible IMO.
Expect a bullish divergence with RSI as we already have seen at Bitcoin and Ethereum .
Bitcoin and Ethereum could follow this curves for a more round bottom.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
EPAZ attractive valuation right, under 10M. Still undiscoveredEPAZ attractive valuation right now, well under 10M market cap, with that said it should go up way higher. from here
They’re launching Bitcoincredit/debit cards plus they’re in other hot sectors NFTs , CBD , Metaverse and making serious noise.
EPAZ trading at such a low market cap. Most good crypto + metaverse + crypto stocks are trading at a 30M-50M market cap.
Plenty of upside for $EPAZ here pretty much, it’s still very early
#pennystocks #stockmarket #stocks #BTC
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Future ZenaPay upgrades to be released soon.
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MANA in Persian means: permanentBefore going into the Rajab chart, let's talk about the news and the fandamental status of this currency ------ >
As you know, a few days ago it was announced that the Australian tennis tournament will be held in decentraland. And that Samsung opened its own store in desentraland so on and so forth.
But graph analysis
After much growth due to the renaming of Facebook, mana had an upward trend to the price of $ 6 and then its price correction began.It currently has two major backers, one $ 2.49 and the other $ 1.58But how to enter: After the real failure of level 3.60, 30% of the money can be entered and after breaking the level of $ 4, bought another 40% and bought the remaining 30% after breaking the level of $ 5.21.
Risk takers can buy their first 30% at $ 2.94 with a stop loss of $ 1.58, which is 36% of the loss with a profit margin of $ 5.21, which is a ratio of 1.3 which is a good number in r / r.
Note: The loss limit for both systems is $ 1.58
Bitcoin vs. Wallstreet or Ethereum vs. S&P500...Bitcoin vs. Wallstreet or Ethereum vs. S&P500...
Of course I can't predict the future but for the next short-term movement a second move slightly lower for traditional markets is possible IMO.
Expect a bullish divergence with RSI as we already have seen at Bitcoin and Ethereum.
Bitcoin and Ethereum could follow this curves for a more round bottom.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
Wallstreet next moveAs you can currently see, Wall Street has been in an uptrend for some time now. He has been very receptive to the trend and also the trendline lately. As you can see, the 200ema has also been retested.
The following will happen. as you can see there is a bearic divergence. The target will be the trendline/fibonacci point 0.618. This is a very logical point to reach. From this point we can start looking again for possible buys. Keep in mind that another retest of the 200ema can take place.
US30 SellAgain, this is my favourite setup.
Why?
1. Price grabbed liquidity (buy to sell)
2. After liquidity grabbed, price pushed down and broke uptrend structure
All we have to do is wait for the price to pull back to the supply zone created before selling.
Note that price might not return to the supply level but if it does, I am going all in :)
I wish you a piptastic trade.
Will #Crypto stop falling when #S&P500 is oversold? #BTCWill Crypto stop falling when S&P500 is oversold?
Simply think about that - we are no way decoupled.
What is your opinion on that? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*not financial advice
do your own research before investing
Advantage traditional markets compared to Bitcoin and EthereumAdvantage traditional markets compared to Bitcoin and Ethereum ??
In short-term it looks like... but be careful.
Traditional markets overbought, Bitcoin and Ethereum near oversold.
Also a hidden bullish divergence occurred.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
$MU | Watchlist #1 | 12/27 - 12/31 MU 94 BOUNCE
or 92.7-93 BOUNCE
Strategy:
Post earnings report rally
Buy into weakness at the bounce levels
News Catalyst: "Micron Technology (MU) shares were up nearly 5% to trade at $94.84 on Thursday, as more than 25 million shares changed hands shortly before 2:30 p.m. EST. Over the past five trading sessions, Micron has risen more than 16%, compared to a 1.7% gain for the S&P 500." - seekingalpha.com