Downside 4200 PT possible for bears if stays below 4500 level.
Bearish Scenario A sustained move under 1.1407 will indicate the presence of sellers. Taking out the intraday low at 1.1370 will indicate the selling pressure is getting stronger. This could trigger the start of an acceleration to the downside with 1.1308 to 1.1265 the next likely downside target area.
from the previous price action we notice the price action was forming clear higher highs and higher lows , a clear structure , in being that till the break of the previous structure , the direction bias doesn't change , but clearly on breaking through the previous lower high, the 4 hrs candle closes well below the previous structure. we will anticipate the next...
BTCUSD had finished rejecting the resistance level, make a downside movement with price target on the Fibonacci cluster 0.618 and 1.618 or itcan go further to cluster 0.886 and 2.618. BINANCE:BTCUSDT -Fibomic International-
from this point , we are able to see a resistance zone , both lateral and dynamic. this shows me there is strong bearish pressure around this zone , we will wait for a structure on the 1 hr or 4 hrs , to find a chance to the support zone that has both lateral and a double bottom. for bullish move.
I know everyone will say this is an outlandish call but I am making it anyway. I FULLY Expected $BTC to bounce at the most recent TL support around $38,400-$40k just as everyone else did. But the signs were there and I wish I saw them earlier that $BTC has Topped for 2022 and will likely not see a bottom until 12-18 months from now. I expect the low to be...
Cardano is in the process of forming a triangle again and this time it looks like it is making a bearish trend. Because Cardano is low under all the good support it will have a hard time getting the support. There is not much support to get below and therefore Cardano will fall. Cardano could drop all the way down to 0.876 .
Bitcoin is still in a solid bear trend, the lower lows and lower highs persist. Right now BTCUSD is testing the 38.2% fib, this is based on our own trading system, which generally has good success. The trend remains down for now and we expect a solid battle of bulls and bears, with a higher chance of bears until 52.300 is broken.
USDT.D breakout and now retesting trendline. IF USDT go bearish, means that all coins will pump... Looking carefully here...
Just posting for reference to the current market and weekly rejection on the weekly ribbon
In the one hour we have a key area ( 1825) where price hit multi- times and went up. In the 15 min we have some price action going on (double top) also wicks rejects and a beautiful bearish engulfing candle. In the 5 min where we're going to entry price closed under the 9 MA. we could expect price to short to our hour key level ( 1825) before going long. AFTER...
Last time btc was this decisively rejected by the weekly ema ribbon was 2017-18 , we had the top set in almost the same time frame as well. December was the top in 2017 and it wasn’t till around April when there was a retrace up and a rejection from the ribbon. Now in 2022 bear market we are about a month ahead of schedule, setting our peak early November and...
Self Explanatory. Obviously we need bear markets and people are in way too much a hurry and hype for this to continue. Be patient, the best deals are coming this Christmas.
Some $ Dollars $ Are Hiding Here 1) We have a Cup pattern which is a bullish signal. 2) But i have a really bad news : ( If Russia and Ukraine ' s Conflict remains continue we all gonna see a crash in Crypto market, Due to the conflict if market get bearish you will see a rejection at 42800$.
Dow-Jones Date:- 14-02-2022 Bearish :- Short-selling DOW-JONES Movement :- (250 ~ ) Points ( Negative Closing ) TIME CONSTANT LEVELS ATTENDANCE ( T.C.A ) :- 34680 ± Note :- Dowjones Looking Sideways Closing ( 60 ± Points Variation ). Dow-Jones │ Post-Marketing │ Market Give Closing at :- ( 34680 Or 34487 ) STOP-LOSS :- Uses Your Own Stop-Loss Quantum...
Look like Bank nifty is going to fall sharply because there are multiple harmonic patterns. Levels are on chart.
Cardano has gone below most good support levels and it is therefore difficult for Cardano to rise. Cardano's strongest support level is at 1.015 . Using a Fibonacci analysis, the next support level will be at 0.876 and therefore it looks like Cardano will fall around 18% (give & take). Cardano has a bad support below because all the good...
Just posting a quick update on MSFT here as it's currently in somewhat of a make-or-break spot sitting right on its 200-day EMA. However, MSFT has some bullish divergence on the weekly timeframe but bearish hidden divergence on the RSI on the daily timeframe. However, a big bullish cypher formed. MSFT's Bollinger bands are squeezing so will be watching this one...