So, I did a thing again, well see how it turns out... This is another alcohol fueled prediction. I'f im right, buckle up.
yeah i did a thing, lets see what happens... I gotta write more so I guess this is what you read...
Just some larp lines based on stoch direction and RSI div. Will they play out?! Let's find out!
Title says it all, in this chart I show and explain trade washing. I may add on to show stop loss hunting in the near future. Happy trading.
As the title states this shows a strong hidden bearish divergence.
50SMA Crossing 100SMA, will perpetuate 21SMA Crossing 200SMA. This is now confirmed. Lower supports will have to be explored. It was a good run friends. Let's hope if/when we bounce we'll see each other at the beginning of the next cycle with the same or more enthusiasm and symbiosis than we harnessed last time.
Circled is the break to new fib level, and SMA crossing that will most likely occur in 1-2 days (after the most recent daily closes).
The 21 sma crossing the 200, as well as the 50 crossing the 100 sma, xan be seen in this analysis. 30k Is our next fib line and hopefully we'll find some support. "Is this a black swan?"
It looks as if we've reached the same scenerio as we did last July, where bear market is looming and reversal seems improbable according to the moving average. Looking back at the last cycle, we can see there was less consolidation with a deeper bounce and faster moving bounce. If consolidation continues and the wedge is broken to the upside, likely we will be...
As we see a rejection at last resistance and the 50 crossing the 100wma, creating a greasy death cross on the 200wma which is also curling down heavily. The dip should run to at least 76 then, taking a break before it continues its way down to the next level of major support shown on the chart. thanks for your time! Plz leave a comment :)
Looks like we'll bounce off the 50ma back into micro downtrend which could complete a double bottom breakout. Although. The traps are getting bigger. We're either going up or down significantly. To summarize fundamentals : the US is going to begin tapering bonds (to combat inflation), so institutions will be selling alot of asset's, how much crypto they own. ...
Cannot sustain 42k \\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\vghccjghffgj