Current Trade/Analysis for ETH/USD in the short-term (Weekly). Entered on Saturday, holding to 2,000.00 for further evaluation. Stops are rolled.
Some similarities between 2000 vs 2022 1. Before reaching ATH the index did a very sharp decline of 33% 2. It took the index 17 bars to reach an ATH vs 20 now 3. Found support on 40SMA after 9 months from ATH vs 7 now 4. Mass retail participation 5. .com mania vs crypto mania? (did luna just popped the bubble?) 6. Interest rates were falling back in 2000 vs...
So many similarities... 1. Mass participation of retail 2. Enthusiasm about new technology! it was .com back then it is crypto now! 3. Failed IPOs/SPACs 4. Is it that obvious??? We just don't fight the FED? no technical analysis, no fundamental, no politics, NOTHING??? 5. Can the bomb fall twice in the same place? Let's all short Nasdaq and make money right???...
Break the trend 📉📉📉📉📉 Have a good potancial for six month just buy and forget, Everyone can be rich 🤑🤑🤑 💰💰💰 just wait.
Buyers have a week to prove me wrong. As you can see this does not look good, buyers seem to have delusions of grandeur. I'm sitting in cash slowly shorting assets I see weakness in, you will see what happens soon Cryptocurrency will crash by the way when Satoshi trial happens. NASDAQ:QQQ TVC:NDX CURRENCYCOM:US100 SP:SPX AMEX:SPY FOREXCOM:SPXUSD...
RUT has been consolidating between $2123.55 and $2348.03, for this year 2021. Bullish scenario: -RUT price breaks up above resistances to new all-time-highs. -Resistance levels: $2348.03, $2392.66. Bearish scenario: -RUT price pulls back down to test supports below (horizontal and trendline supports). -Support levels: $2240, $2123.55, $2060.54. Note: On the...
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Bch/usdt broke out from ascending triangle $2000 target 🌙
Ethereum trades above all the moving averages on the 4h chart. We crossed bullish in the MACD while the levels of the MACD are still quite low, so there is a lot of room to the upside. I would say, long.
Just remarkable and noteworthy to look at.. The DJ industrial index just arrived at a critical zone of potential resistance on a ulta long term timeframe. This is the line between betwwen the 1929 top and the 2000 top . Indeed: The two school examples of big stock market crashes. I was wondering where the rally of the DJ industrial index came form. Just had a...
People talking about volatile markets, very true, but with everything on an upward trend recently ETH is waiting to pop. If it follows the trend $2k imminent. If we have some serious bull action following people shorting BTC and alts we could see this fly
After Ethereum retests the support i think we can have a little altcoin season with 100 percent gains! bye your BtcBlizzard
Gold loves the 78.6, lets see $2000 again and cause some FOMO. The fib now shows the last high at the start of Nov to be at the 61.8, the daily shows this clearer, Ideally this high would be wiped out before we see a move lower. Fundamentals may play a key role with this pair with election results being clarified this month (aka Trump W) Bullish until if this...
1. Record IPO year 2. Bankruptcies 3. Tech bubble 4. Retail is all in 5. Massive unemployment worldwide Is history repeating? Let's see in the following month
Let's start with the broader picture first I understand the market looks horrific at press time, but the first thing that you must know about markets is this, nothing every goes in one direction forever, no matter how bad it seems. For context here are the three major US stock crashes. 2008 Crash 2000 Tech wreck 1929 Great Depression The...
1929 - Crash 2000 - Crash 2008 -Crash 2020 - Crash Which of the prior three major crashes most closely resemble the 2020 crash? Certainly, not the 2000 crash, the initial drop is of equal magnitude, however the 2000 crash took over 365 days to reach that low from the highs, the 2020 crash has plumbed lower than 30% in just over 30 days. Similar...