This monthly chart of Bitcoin shows we're either setting up for a Bull-Flag breakout, or potential breakdown to re-test the $15k-$16.5 lows. Either way, I think the bottom is in or almost in. The big questions is whether we see the re-test like in the 2015-2016 bottom, or push through and never look back like in 2019. If we push higher here and have a daily...
EIGHTCAP:BTCUSD *Update from the previous idea i share on BTC* Hello, here are a couple of ideas about what could happen soon. Don't hesitate to provide detailed comments or questions. Wishing everyone good luck, trade safely this week and always remember to secure your profits. *Don't forget to fuel up with coffee ladies and gentlemen!
as the market has made a new lower high and the inverted bearish hammer is the strong confirmation of making it lower low.
It's apparent the bears will continue for awhile.
bearish market structure remains sfp of the previous lower high until this changes we remain in bearish territory no one wants capo to be right but until this is broken he could very well be right "biggest bull trap ever" - would give him legendary status if we descend to lows now Imagine 15k May, 12k August not sure where 100mma would be by then as its slowly...
DESCRIPTION: In the chart above I have provided a SEMI-MACRO analysis of VIX a volatility index on the 4 hour timeframe. This is a brief update on VIX as we have had some interesting momentum taking place. POINTS: 1. Deviation of 7 points continues to stand and justifies Supply & Demand Pocket Placement. 2. RSI is currently OVEREXTENDED but PRICE ACTION...
Today usd news decide that eurusd break trend line or not ?
This is how I see bitcoin right now and don’t say we are bottomed, we aren’t bottomed yet and yet the winter is already over but the bear market is not over yet. As you can see CPI Data is almost 7% and the inflation is still over 6%. Even so we should expect the long drop follow along with a downtrend, down to 14 or 15K then finish up the correction to...
BTC Outlook 2023-2027 (Revised) I think its almost confirmed with high confidence that this rally is bear market rally, not a rally of a new cycle that ends the BTC bear market. 25k is already its highest peak, it will going sideway for a while before resuming the drawdown to a lower level. Q1 2023 is one month left before it ends. This rally is the corrective...
XAU/USD - Being on a bearish trend, in the H4. - H1 analysis and execution, I will be shorting if the price breaks my support zone. Which is been holding the price for the past days.
Fibonacci's ratios show a constant decrease in the trend as bearish scenario. We might get another 10% deeper if BTC decreases drastically. 1H candlesticks show more aggresivenes than in 4H, but still it is in the Fib's ratio.
Bitcoin reacted at the 886 level as shown in last outlookbut came right back up, ignoring every potential sell zone in its way and is now about to break the area. Some kind of "disbelief" move is very likey to happen at this point with a quick rally to 30k as a very important psichological level and has many fibonacci confluence. Overall market sentiment still...
Big resistance on 28k Fibonacci returns the same 28k resistance I expect btc to bounce from 28k to 13k zone, we are still in a bearish market, we can't hold these markets.
Annotations included on the chart: This chart is essentially demonstrating just how far the market is capable of pulling back. The chart includes key levels and the years of notable highs / lows as well as + / - rejection boxes showing where price pivots as well as how perfectly, years later, price is capable of traveling far distances to perfectly tap back into...
Waiting for 25k resistance to get hit , and then i will see for a good entry around 25k or 26k ,wide stop loss since i am trying to catch a 15% drop .
I am now getting another major sell model long term sp 500 to total Long term bonds is been given in my models I personally have moved into 6 month and 1 year till bills today I manage six large trusts And told my group to shift All funds into insured accounts I will be moving to 50 to 75 % % short on any rally into 4183 and 100 % at...
Price has been rejected of the broken support strong now resistance. Too much resistance above, I don't think this one is coming back.
Weekly- Bearish Daily- Doji 4HR- bullish 1 HR - Bullish potential fake out looking for sells at 1831.767 bearish closure / BREAKOUT NEWS: 2 USD RED FOLDERS :2 USD ORANGE FOLDERS