So we all know that september is a historically difficult month for the entire stock market, and this September has been no different where we've already seen a little over 5% decline in the Dow , but what if this turns into something much bigger like a full blown stock market crash like we've last seen back in March 2020? well there are a few technical clues that...
So we all know that september is a historically difficult month for the entire stock market, and this September has been no different where we've already seen a little over 4% decline in the s&p, but what if this turns into something much bigger like a full blown stock market crash like we've last seen back in March 2020? well there are a few technical clues that...
Bearish Divergence on Bitcoin's Monthly Timescale has been confirmed for several months now, looking back at 2014-15 & 2018's Bear Cycles we are currently in the Bull Trap Phase, where after the first leg lasts a few months, it attempts to make a recovery, usually a lower high then the previous all time high, where the oscillators reset and positions/leveraged...
Over the past week & a half people have taken notice that bitcoin seems to be having a strong relief rally going from 29k to 42K, while also showing a bullish engulfing candle on the Monthly Timescale and many believe that the bull cycle is back on... OR IS IT????? History is telling us that when bitcoin had a monthly bullish engulfing candle, historically it...
Over the past few weeks you may have seen dozens of posts about this supposed "Wyckoff Acculmution" pattern on sites like Twitter, TikTok & even here on TradingView, and while Phase A was correct, it's Phase B that is totally wrong and makes this entire pattern invalidated and let me explain a few reasons why: 1. On the Textbook Example it shows a higher high at...
The Bearish Divergence is in fact real on Bitcoinm has started playing out in a big way, and that the next Bear Market Cycle has been confirmed
I took a look at the previous 3 bear cycles on ethereum and used bar projections on this cycle top for price projections Previous 3 Bear Markets: Red - 2015/2016 Crash - 70% Orange - 2018 Crash - 94% Yellow - 2019/2020 Crash - 76%
I took a look at the previous 3 bear cycles on ethereum and used bar projections on this cycle top for price projections Previous 3 Bear Markets: Red - 2015/2016 Crash - 70% Yellow - 2018 Crash - 94% Orange - 2019/2020 Crash - 76%
Alright, april was a crazy month for bitcoin, but have we finally confirmed the monthly bearish divergence with a red candle close confirmation? we shall see soon enough
This is a longer term short idea for Bitcoin, the crash has just begun
This is a longer term short for Ether because i believe that the next crypto crash is just starting
You look at the Late 2018 to Early 2020 cycle & the Early 2020 to Mid 2021 cycle and you can see so many similarities with certain patterns & see many of the exact same bearish signals as last time, -1.618 Fib -Bearish Bat @ the 1.618 Fib (confluence) -Erratic Sideways Trading -Big Reaction after faking out 50-60 Pts above the 1.618 Fib -Bearish Divergence
The Chart speaks for itself, if we enter into another bear market these are the areas to watch out for
Nuff Said, just another update to the brewing bearish divergence on bitcoin monthly timescale
Wow it's been one wild ride on the stock market over the past 12 months, cramming what should have been 5-10+ years worth of gains in all at once, but the party could soon be over if the bearish bias is confirmed, Recently we have hit the 1.618 fib retrace on the S&P 500, which also happens to be confluent with a Bearish Deep Crab, and what has happened over the...
This is a cleaned up & updated version of a chart i originally created back in Dec 2019 with Support & Resistance Areas for the Stamps.com Stock
This is my second post on why viacom could be a great Long at these levels
Using the price action of the cup itself with a measured move below the handle, the potential bearish target for tesla is around $280-300/share