BTCUSD Daily cautiously bearish. Recommended ratio: 15% BTC, 85% Cash. *Markets seemed to like the Fed's decision to go with a 75 bp rate hike, but with the next PMI report arriving on June 23rd it's unclear how long this excitement will last. If PMI comes in higher than last month and by a larger percentage than the previous report, it would imply that inflation...
Keep it plain, simple and minimize the noise! On this chart I am showing you the timeframes of events that occurred in the previous bear market. Now, this chart will of course only make sense if we follow the same trend of the previous bear market of course, although I think its great to keep an eye on just in case we do! Important to ignore your favourite...
Bearish - "Momentum theory" indicator turning red - Rejected major support / resistance - Bear flag formation - Price broke down upward trend line - Head and shoulder pattern
Watch for ZIM to close above the strong trendline it's been following since inception, otherwise implications are more downside. Rejected twice now, expecting a move to more downside , first PT $48 I'm long JUN PUTS I was very long ZIM but had to see once broke $70s and stop was triggered.
The Bearish Volume on Binance was double in May what it is today. Actually it was more than double. Yesterday's freak selloff on FTX was a panic sell, or purposely driven herd mentality. The fundamentals have not changed & whales are stacking sats still.
My last target to a swing trade to July aiming a potential bounce based on Fibonacci Retracement confluence with Volume Profile. Ehlers Stochastic Center of Gravity oscillator in a potential bearish continuation crossing down for the next weekly. Crystal clear.
After a healthy retrace of 30% of a 5.162 Fibo beautiful leg down BTCUSDT shows a condition to reach 13k soon. Rout to meet Dec '17 ATH. This pullback seems accomplished and now we can see a good pivot point to adding on shorts in the crypto market expecting an 2nd leg down after that prior swing. Plus Fibonacci Retracement new target and Fisher Transform...
LINKUSDT is in rout to 4.00USD. After 30% retrace we have a pivot point to adding on shorts. Fisher Transform crossing on 2H chart. Prior swing leg downward accomplished. 14.6% hidden Fibonacci Retracement level targeted.
Plotted all the possible reversal points for BTC. All the horizontal lines represent the historically valid support zones in which price has been supported. Historically, BTC has bounced off the 200 MA. Will we finally see the bottom of this bear market? That depends on the weekly candle close. But given that the 3rd MA touch coincides with the 21k support area,...
Okay..well done.1.! We all got your point...! Now get your a*s back up..!!!!
Death, destruction, despair. Sounds like a decent time to buy, if you buy here just know it may dip lower. Dont try and buy the bottom, have a plan and stick to it with dip buys. Scale in or just buy and hold. GLHF Probably bounce and consolidate a little after everything cools down. Things will probably get boring and require some patience after all this pans out.
What's up trading view Family! What A Good Day to be Alive. Today we will be taking a look at CHILLIZ and how similar the market structure is to XLM (aka STR). Many people think we are headed into a bear market but I say we already had one! its exactly like the Altcoin bear market of 2017 (only a bit longer as the cycle grew) I also see Bitcoin and Ethereum...
Fortune Favors the Brave - Yet another sign that a mania is mature. Hyperbole is a useful word to know. Meaning, “ exaggerated statements or claims not meant to be taken literally, ” an example would be something like, “ That cat is the size of an elephant!. ” Hyperbole is used when we want to emphasize a point, mainly because of our conviction and belief...
Remember, my goal is to stay in the game. The people who got wiped out by the crashes tended to be people who never took anything off the table, who never felt greedy, who got slaughtered by their own piggishness. Have you taken your profit? Have you booked anything? Or are you being a pig? Because you never know when things you own are going to crash. You never...
BTC/USD Daily cautiously bearish. *BTC has finally broken down below the 50/50 uptrend line from April 2017 and now risks falling to retest the official uptrend line from April 2017 (for the first time since October 2020) at $15k-$19k. All eyes are on the FOMC meeting this Wednesday when the Fed will decide whether to go through with another 50bp rate hike or be...
USDX Daily cautiously bullish. *Equities are down, cryptos are down, commodities are down (yes Gold included), real estate/housing market down, inflation up and the US dollar (as well as Russian ruble)... up. The Fed is expected to announce anywhere from a 50bp-100bp rate hike this Wednesday if they want to be in line with their promise to go "beyond neutral" to...
After 4 days of intense selling, we're back to new cycle drawdown lows in the Nasdaq-100. Meanwhile, the selling has pushed us below the lower Bollinger Bands on multiple time-frames (weekly chart left and daily chart right). It's nasty out there.
This chart hasn't been touched in months and i'm pretty sure my bottom call is spot. Hater's think otherwise. History tends to repeat itself and I don't think things are much different today than they were in the previous cycles. We continue to win. Macro over everything.