Clean bear flag here Should see a nice move down to pre covid lvls & potentially more here...
Interesting level here... DXY looks like it needs to come in finally, would think Silver can start getting a decent rally from here
I have no idea on a timeline... could be 1-2yrs, I have no clue... but if we break those June lows...we are in for a long period of pain This targets the COVID lows
If we break down thru this 270 this is going to leave a lot of overhead supply behind The measured move for this would be massive & COVID lows would go... Which would that be crazy? No, it traded in 2020.
We are in a DOWNTREND. The street is going to freak if we see these June lows taken out. It's been 10yrs of buy the dip & party in the Hamptons. Most won't have a clue what to do! A Traders Dream!
2.8T $ company... what is your upside here? China only has to say one word...
Nice bear market rally... back to the scene of the crime. sell um back to pre covid highs first target longer term if this happens, market structure will be in a very bad place. no new ATHs for a long time. bigger timeframe analysis tells me COVID lows might not even be safe. need to see this move fisrt tho...
IMO, blow off top... Now consolidating here, getting ready to break down. 85 looks like a solid first target.
410 break on SPY, is opening the door of pain, IMO. 390 may be some short term support, but I think around 345 is where a solid tradable bounce could potentially come in. I suggest patience for the next few months. The market isn't going anywhere. Good luck.
Indexes looking to roll over. Value/Defensive stocks have done well for protection last few months, but I don't think that lasts...
prolly see a bounce back towards 40-42k, than night night to 20k
This would make the crypto rats scurry... Makes sense to see stops run on that 29k low sooner than later. (Few months is the time frame)
Big monthly breakout that was anticipated by everyone... This could get ugly and painful... Gap Fill? haha
Bitcoin cannot lose momentum here... If so, its heading for a world of hurt. Danger Zone below old highs, need to pop this ASAP & run or SELL EVERY FUCKING COIN
Really no opinion on where price can go here... Just thought this was an interesting chart to share. Held that retest of channel. Going forward all about bulls holding above prior highs or watch out below...
As long as it can hold the breakout... Could see BTC visit the upper end of this channel.
Below 2800 I think you have to think this breaks down, but risk is pretty defined... If SHIB can get above 2800 and base, than I think you got to get long for a trade.
Bitcoin hanging out in this big weekly channel... I am looking for a move to the weekly 200ema, about $20K.