Please leave a like and comment if you'd like more of these chart posts. Thanks! Every yellow ring is part of the same fib circle and you can cleanly see every time we've crossed one of those yellow rings we have had a massive drop in the bitcoin price. The further we ride up a ring the more extreme the drop seems to be. We have been riding up that last yellow...
If you like these kind of charts, please leave a like and a comment guys :) thanks.
Using fib circles and fib channels I show a possible scenario that could play out at or right after the halving. To me it looks like our current bear market is playing out almost identical to our 2014 bear market only this one is taking 3 times as long to play out. Visit me on...
CADJPY Trade Ideas
The market is showing some nice setups to end the month of SEP brining in some nice momentum going into OCT and beyond. Here is one of my ideas of what I’m thinking price can do.
1. CADJPY S (not in position)
D - Waiting for further development before I place a live entry on this one, but it looks very rnearentry...
-Yurlo (Please give this TA a thumbs up for the visuals created here)
Recent weekends CME just closed at (10620), while the breakout CME at (9600) hasn't been tapped since we broke above (10000) well over a month ago.
I'm placing my bets on $9600 to be tapped before $10620.
#1: Bears aren't close to reaching an exhaustion phase (every time bulls try to...
Gold remains under pressure as metal made a five wave drop from August 18th, followed by a three wave bounce in the last few trading sessions. This A-B-C rally is a bearish continuation pattern so we think more weakness is coming.
the EW-forecast team
As you can see, the spanish Index has finest the structure AB-CD. If we close below the level 7.070 we can forget about the third impulse.
If the price lose the level 7.070 and lose the bullish chanel around the actual price. 7.170. We can expect a new lower low around 6.400.
The alternative scenario if the price hold the actual level and doesn't...
The market is bouncing around key support & resistance levels but some of them are soon due to be broken. The squeeze momentum indicator is signaling a first bear run since the drop in February–March. Also, the money flow index indicates that the money is rapidly heading out of the market.
When combining technical analysis with the fundamentals of the economy I...
Ripple has been testing the 0.1595$ level and i'm curious how low it will go.
Some good Fundamental news is coming on June 30, Could this be the last low before the bull?
In Crypto, an average of 1,8 year bear market is needed to have a 1 month bull market.
People don't understand that these lows are needed to make a strong bull run.
The turn in price movement on June 11 confirmed an end for the S&P 500 retracement. Now that the overall trend has been confirmed to be bearish, I have presented three possible scenarios for major support. These Fibonacci levels (violet color) are support levels of the 2009–2020 bull rally. The levels with a green and yellow background are Fibonacci extension...
A secular bear market consists of smaller bull markets and larger bear markets; a secular bull market consists of larger bull markets and smaller bear markets. In a secular bull market the prevailing trend is "bullish" or upward-moving.
Based on the historical data, it looks bearish market stays for a minimum of 12 months during recession. And we are just 6 months in to the bear market since Jan'20, i expect it may extend till this December or Jan'21. Also during 2008 the bear market fell around 60% from its peak, ie., 6100 to 2500. If we assume the market dip 60% this time from its peak 12200...
My thoughts on btc.
I'm crazy tired. In the last couple of weeks/months working overtime all week. Got a new girlfriend, but still analyizing the markets.
Wanted to make this video quite some time ago, but didn't manage to find the time.
Thanks to everybody watching it.
Health is more important than wealth.