Here's a quick look at the 6 hr. BTC chart. As we can see, the price broke below the broadening wedge and is currently testing the support zone. We should expect much lower prices if the price breaks below the support zone. There are some unfilled Fair value gaps between 20k and 18k. These gaps tend to get filled at some point! Also, the DXY is expected to rally...
Looking forthe dollar to get stronger here in the next few weeks which would contribute to the crypto market finally bottoming out. March will be a pivotal month, thinking is when the bottom will come.
Real simple idea. All the Happy enthusiastic FOMO and BTFD tech stonks still trading at 700x PE. All Happy BS. You BTFD here you gonna get a nasty surprise, surprise, surprise. This monthly view shows where RSI goes in a real Bear. NB: U R HERE... U R NEXT! This won't happen overnight, it will be a painfull grind with some terrific knifedowns. Real Bears last...
Top chat in the weekly time, bottom chart in the daily timeframe,. Looks that price is heading to the $47 support level. It may drop to the bottom of the channel but the energy sector still strong. I take profit at 47, then I'll see.
We are starting the fifth and final wave for BTC, this pump was just a retracement. Bitcoin 10k to 12k target is still likely. Recession is just starting, we have a whole more year of bearish market. NFA
BTC just made a pullback to neckline of the major Head and Shoulders formation on macro. Now, the price action is abandoning the distributive structure with weak volume, due to a micro H&S. Points of interest We can see on this chart levels to be watch in a potential swing downward. BTC has been trading in a choppy structure, consolidating within a ending...
A Harami bearish, candlestick reversal pattern, is about to occur on 1M chart twice after the All-Time-High event. If this projected drawdown plays out. This indicate a strong bearish signal. Harami is highly reliable in bearmarkets, in which pattern is a signal of top price. A Harami bearish just played on 1W chart. This replication on monthly chart will signal...
Signs of reversal, market structure choppy. Flat correction in consecutive double three zig-zags on the upper boundary of a macro diagonal after an complete impulsive wave; lower highs with decrease of volume, showing lack of confidence by the buyers-side, as shown on Weis Wave Volume indicator; overbought condition. Harmonic patterns: potential bearish Crab...
Price broke structure at 100.29 to create equal highs at 107.84. Then price gave us a BEARISH GAP to take out ORDERS at 102.09. The BEARISH GAP that was created must be filled before price can drop significantly. I expect price to fill the BEARISH GAP and take out the EQUAL HIGHS at 107.84. The 113 price point is where price will go. From there a major dip will...
Hit 24K but made into a Resistance. Most people said bitcoin is bottomed.. no not quite. The bear market isn’t over, tell you why and bitcoin will still be volatile and the big problem of liquidity. The Feds are still raising interest rates and best part inflation is cooling down but don’t celebrate way too early because back to bulls .. bulls aren’t back yet; if...
TBH I dont think this will hold, Could be confirmation bias but everything looks like it, Its a bullflag on the 15m above support but something tells me that we will drop. lower high on daily RSI aswell, Inflation stats next week. Will we hold the decending trendline? How far will we correct?
The Zero lagg MACD has been an amazing indicator for me. The last 3 months have been amazing to watch the bullish track. This could be the change of direction in the bear market that signifies the low in the $15k's was the lowest. We sit at -12045 for the MACD and the EMA for the MACD sits at -8573. If I see a crossing here and then a confirmation on the RSI...
As my analysis XRP has came close to the strong support as it shown here. Looks like it is bouncing back a little, but other major coins (ETH, BNB etc.) are forming up massive bearish channels. In my opinion, if XRP follow other cryptos and dips below the support, it will open up big short opportunities. So watch out this one!
For the past few weeks whole market has been green all the way. But recently it is forming up bearish channel /patterns (ETH, MATIC, RUNE etc). For BNB it has formed up clean bearish channel which you could see here. For my analysis, BNB and many other cryptos could face big drop in coming few days! Watch out!
For the past few weeks whole market has been green all the way. But recently it is forming up bearish channel/patterns (ETH, BNB, MATIC etc). For RUNE it has formed up clean bearish channel which you could see here. For my analysis, RUNE could face big drop in coming few days! Watch out!
Hey traders, in today's trading session i'm are monitoring EURAUDT for a selling opportunity around 1.57292 zone, once I will receive any bearish confirmation the trade will be executed.
Hey traders, in today's trading session i'm are monitoring GBPAUD for a selling opportunity around 1.74463 zone, once I will receive any bearish confirmation the trade will be executed.
After one extensive analysis of volume, indicators, supports, resistances, Fibonacci, and more. We could spect that the SPY CORRECT UNTIL $320.