Watchout
WATCH OUT: Ship SINKS for KUJI (-80%)KUJIUSDT has lost 80% in two weeks, losing exponentially more than the rest of the altcoin market. It continues to make lower lows and the price is now in price-discovery mode... but to the low side.
However, if you are interested in buying KUJI (for your own personal reasons) at this low price- I'm going to show you a strategy on how to find price levels to set your buying orders on.
If you're getting negative values on your Bbands, try switching up the timeframe. It is NOT because the Bollinger bands are broken, but because the price is trading lower than it's opening price and is already in the decimals. Strong selling volume will push the Bbands to expand wide. This indicated the price will likely fall even lower.
Take extreme caution!
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MEXC:KUJIUSDT
SPY forming a diamond top looking to breakout next weekSPY is creating a diamond pattern on the 1 hour. It is looking like we may break to the upside and meet the overhead resistance but we could always drop and make a higher low.
I think the consensus is that the fed will deflate the market in mid December with more rate hikes and tampering the pivot expectation.
It is possible if the consensus is too strong that we just sell off early.
I am going to watch how this diamond breaks, overall I am more bearish than bullish.
Hope you enjoyed my artwork
3 MAIN POSSIBLE SCENARIOS #BTCexplanation
current main support zones
1)35k & 20 ma monthly & ascending trend line(blue) & 100 ma confluence together
2)30k
3)20k & 100ma weekly & lower trend line support of main ascending channel confluence together
current main resistance zone-45k & 50 ma weekly confluence together
facts
(1)you can see that 35k zone is very important ...there are many confluences together..good zone to re-obtain/gain the bull strength!!!
(2)if btc break 35k zone its gives us a very bearish,bad sign.sooo watch 35k level carefully.
(3)its clear that 45k area also a high resistance zone..if btc break 45k area we can see 48k,52k respectively.(im personaly 50% bullish if that breakout happened)
(4)rsi line have a chance to test the yellow support zone..(im personaly expecting a move like that)
(5)i have a drew a blue trendline traingle watch it too
possibilities
*i have draw 3 scenarios that can happen 1,2,3 in blue,pink,green respectively.
*if we loss 35k ..20k is more possible(if we break 30k zone clearly)...
*if we loss 35k btc may create a reversal pattern like head & shoulder..like head in the 30k zone or 20k zone
my personal idea about btc :-if we loss 35k,30k zones 20 k is comming...its more possible heres not like in 2021 may month . there are many confirmations...rsi levels,fibanachi,ma history more and more...so atleast we must hold above 30k..im completly bullish(100%) if btc break blue traingle upward and establish properly..until then im not trusting the market...
so survive in the market..dont be overbullish!!
#notafinancialadvice just my view.
analyzed by-@movindu karunathilaka
GBPUSD Watchout level defined FX:GBPUSD
Watch out level is presented here for either side of trend
Indications for either Bulls or Bears have been mentioned on chart
My view is to watch out 0.382 Fib level (1.33699). Then decide accordingly. If sustained this level, it might be the end of downward trend.
Price may retrace down before start uptrend, as slight divergence is observed on 1H RSI(14).
On 1D timeframe, morning star appeared followed by spinning top, at 1D trendline support. The pair is moving in 1D channel S&R. Currently it took support from 1D trendline, but still it is at key area of value around 1.33488.
If it continues downward trend, then further support might be around 1.31933.
Please comment below for any suggestion, follow and hit like button if you like the idea.
Thanks
BTC pulling back. A rising channel has a greater potiential for a breakdown.
BTC is nearing the 0.618 time fib. - 0.618 indicates a possible reversal in the trend
At the moment theres a possibility for a another small bounce at high support, based on the hidden bullish divergence on RSI. if that bounce plays out, PA and RSI needs to rise greatly in order to not print a bearish divergence near the top... if it dosnt, then we are looking at a
double top with bearish div. - a double top measured move put the PA to the lower trendline.
If the lower trendline dosnt hold, then the measured move gives a possible drop of 10%, matching the support zone around 54k.
That would be a total drop of 20% in BTC
At the same time BTC dominance chart that indicates a possible reversal in BTC trend.
- its likely that we will see a pullback in BTC soon, and that will drawn must ALT prices down.
Funding rate is also overheating and could use a reset.
- As for now, I would not buy anything before I see a soild 4H candle close above the upper trend line and then i would look for a retest to enter.
If the market pulls back, i would instead look for a bounce on the lower trendlines
SPY TOP ~$350I know I will get a lot of flack for this, but SPY is going to make one last crazy run to $350. This will happen because of TSLA, AMD, AMZN, APPL, NVDA all pushing up the market even more to some un heard of levels. This also gives IWM to the opportunity to complete its 100% retrace from lows which will then complete the rules of elliot wave theory. After that time, we will have major FANGs with P/E that do not even remotely make sense. Not a single company in this entire market is deserving of its current valuation (we are in a different world however, so it is what it is). Nearing the turmoil that is the election, the media will start pumping that Trump has about a 2% chance of winning. This is exactly what they did last time. Biden is the worst candidate for the stock market and this tension should cause a break of our current trend, sending us back to roughly $300. Trump WILL win the election and the bullishness should continue.
IWM - $170
AMZN - $3800
TSLA - $2400
AMD - $111
AAPL - $600
I think it's the time to SELL AAPL ( Life after Death )Dear everyone,
As i stated before i thing that there id a huge probability that the AAPL will fall down in the next days, so i can tell that this is the right time to sell and watch out the stop loss level closely
So this analysis is based only by the price action as you can see
Another title of that is : The arrow was thrown but it doesn't hit the bear completely
Stay tuned
ADA/BTC - Dangerous Stability in the Short term, watch out!Actually, noticed most important points on the graph. So, watch out carefully and let's see what will happen. I'm waiting ADA to get out of this Stable range . Hope it'll be able to get enough positive volume to go up above First strong Resistance , so we can buy for very huge profits in the mid-term.
P.S. News shows that ADA will certainly overcome this dangerous situation.
NZDUSD Weekly Outlook | Future MovementAs we can see on NZD/USD Chart Price Is gonna hit 50% fib level there's a possibility that the price will bounce or gonna go dip to the down trendline so watch out and happy trading.
DailyFx Forecasts
Trend is up
Volatility is 15%
News
Kiwi is bearish
USD Is netral
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