Price was just rejected off the important resistance previous support. It may try to test it again but there is too much resistance to the upside.
Just Speculation... only because I think the Markets haven't finished this Correction---Bull to Bear set-up Idea : current Cup and Handle Short Squeeze rip to $290 area then Drop.... because of: Bad Earnings Season... Seasonal Market Movement in line with current dates , Fed Manipulation....etc Is the Carnage over? Have We Bottomed or are we going down for final...
This looks really bad now. I thought that we would enter a Wyckoff Accumulation pattern, but Bitcoin's continued weakness let's me fear for a worst-case scenario. There is still time and we could get lucky for a Wyckoff pattern, but should BTC really go lower, it is likely that we would visit the 12k area. Many people would then think: Awesome, cheap coins !...
The quarterly timeframe chart had a trend signal that formed when the market broke out of the range that formed before and after the pandemic shock and subsequent lock public health, fiscal and monetary policies impacted equities. The stimulus driven bonanza ended and the market topped as the world knew the Fed would embark in quantitative tightening to normalize...
I think $AAPL offers a great long term short opportunity here, I specially like the idea of being long $BRK.B and short $AAPL to nullify the exposure Berkshire contains as well...Valuation could come down substantially with the on-shoring theme materializing over time as China manufacturing fueled margins would suffer. We have seen demand slumping lately, with...
It appears that we are currently experiencing a similar pattern to the bull run we saw in the past. During this previous bull run, we saw a sharp decline from 65K to 29K. Currently, we are seeing a similar pattern with long positions being trapped at the top and many stops being placed below 20,4K. If this pattern continues, we may see a decline towards the 20K...
Another interesting stock, in June the moving average of 50 periods went below the moving average of 200 periods which creates what is called in technical analysis a dead cross, and since then the price was always under the moving average of 200 periods. Now the price reaches a price level of 57.68 already used in the past as support in May and in June 2021. The...
RUNEUSDT chart gives a comprehensive outlook on when the current bear market can probably end and the interim (minor) bullmarket start. I'm not speaking about the major bullmarket similar to 2020-2021, which obviously is determined by Bitcoin's halving cycles, but rather an interim smaller bullrun with lower highs, which are nevertheless enough to cause high...
Evening Traders, Today’s analysis – BTCUSDT- trading at a clear resistance level where a rejection is plausible, Poiints to consider, - Price action impulsive - Channel high resistance - Key swing high liquidity - Rotation lower BTCUSDT’s immediate price action is trading at a key inflection point that is in confluence with the channel high, liquidity...
I believe there could be a possible fakeout incoming up to around 410-420 SPY . The reason for this is so liquidate shorts and trigger fomo. We could go higher aswell, but in the end continue down towards my goal. 320 SPY .
4037 is former r1 swing in wave, and bulls are in full control of that momentum with the breakout. there are two paths we could take. if bulls maintain that control of the 4037 level we will reac r1 soon, but back to swing p sooner if we lose it. scenario a coincides with extension, and scenario b is a continuation of b wave. im favoring the downside, but im not...
as you see dxy price is now in a very important zone. I think we are in a divergence zone and expecting a reversal pattern, which is not too much out of mind. I m ready for another crypto dump
Hello, the Crypto Market cap is due to shed 50% or more in the beginning part of 2023 with a quick recovery after Q1 into Q2. At this moment the macros agree that we have one last leg down until the main BEAR MARKET dip which I estimate will be in January 2023. If you're longing here, you'll be in profit summer 2023 but if you're waiting to long then its good to...
During the last part of the year already passed, we saw a downward trend of this stock. Many factors can associate with this downward trend, such as the decrease in demand for the transport of goods between Europe, USA, and China, and the news of the coming recession had led to the bear trend of this stock and its fall. Now the interest on this stock seems to be...
All HTF from Weekly To Daily are Down trending Price on the H4 and is ranging and i assume its all manipulation. Bonds are making a pullback due to interest rate hikes. but none the less price is still very very bearish. Even the USDJPY is on a pull back this confirms that the market is now risk on as Beta Currencies are taking a Dive too.
❗️CRYPTO TOTAL MARKET CAP, $ On the weekly timeframe, we are currently rejecting from the resistance of this falling wedge. Expecting to see a rejection from here.
Here's a quick look at the 2 hr. BTC chart. As we can see, the price entered a strong order block, couldn't break through, and got rejected. The price was also forming the bearish rising wedge pattern, which now has broken to the downside. If the price doesn't hold above support zone 1, we will likely see support zone 2 at 18k-18.4k. The fair Value Gap will get...
#Bitcoin $BTC / $USDT I am expecting a sideways movement, liquidating and stopping both sides (Shorts and Longs). Later in the end of Jan. or early Feb. to see a #Altcoin big rally, and there #crypto market might do a last dump before we end this bear market around March-April!