BTC Outlook - The Trend is weakening!Trend weakening, low volume during retests of major resistance ( 29k ), plus CME and Fair value gap below current price - all pointing towards the downside. Brace yourself for a possible return to 20k soon!
It's important to consider the unfilled CME- and Fair value gaps located below the current price. Typically, these gaps are eventually filled, so expecting a price retracement to those levels is reasonable. However, it's worth noting that filling such gaps could take a while, although they are usually filled relatively quickly.
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BTC - Dont turn bullish until this zone is broken!
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With regards to ALTs:
The Altcoin market cap is struggling to break the $620B mark. If breached, expect a surge in Altcoin activity. But remember, Altcoin performance is closely tied to BTC , so a dip in BTC price will hurt Altcoins too.
Keep an eye on the $620B mark if you're looking to trade some ALTs
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What's a Fair Value Gap?:
A fair value gap is the difference between a financial instrument's theoretical value and market value, such as a derivative or security. It can indicate a misprizing opportunity for traders to profit by buying or selling at the misprized level. In other words, there is a gap in the price in which some open orders still need to be filled. The price will return to fill the orders.
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BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
Bearmarketsignal
BTC - Dont turn bullish until this zone is broken! Here's a quick look at the Daily BTC chart.
As we can see, the zone between 29k to 30k is a critically important price range that requires close attention. It has played a pivotal role in differentiating between the bull and bear market. As soon as the price broke below this zone, the market was deemed to have entered a bear market, while staying above it signaled a continuation of the bullish trend .
Currently, the price is once again testing this critical zone, and its behavior here will be a determining factor for the market's future trajectory. A hard rejection from this level could result in a sharp decline in price, while a breakthrough could propel the price upwards to the range of 40k to 47k . Thus, investors and traders alike should closely monitor the price action around this zone to make informed decisions regarding their investments.
Trend weakening, low volume during retests of major resistance (29k), plus CME and Fair value gap below current price - all pointing towards the downside. Brace yourself for a possible return to 20k soon!
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With regards to ALTs:
The Altcoin market cap is struggling to break the $620B mark. If breached, expect a surge in Altcoin activity. But remember, Altcoin performance is closely tied to BTC , so a dip in BTC price will hurt Altcoins too.
Keep an eye on the $620B mark if you're looking to trade some ALTs
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BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
BTC - The trend is weakening! Here's a quick look at the 8 hr. BTC chart. The bearish divergence on the RSI suggests that the trend is losing momentum, and a downward move could be expected. Additionally, the low volume indicates that a substantial movement could occur at any moment. With the bearish divergence on the RSI and the low volume, it's highly likely that a move to the downside could happen soon.
It's important to consider the unfilled CME- and Fair value gaps located below the current price. Typically, these gaps are eventually filled, so expecting a price retracement to those levels is reasonable. However, it's worth noting that filling such gaps could take a while, although they are usually filled relatively quickly.
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What's a Fair Value Gap?:
A fair value gap is the difference between a financial instrument's theoretical value and market value, such as a derivative or security. It can indicate a misprizing opportunity for traders to profit by buying or selling at the misprized level. In other words, there is a gap in the price in which some open orders still need to be filled. The price will return to fill the orders.
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BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
BTC - The price will eventually come back down!Here's a quick look at the BTC 4 hr . chart. As we can see, the price has formed a descending triangle, and a break, either way, will happen soon!
It is important to note that there exist significant unfilled CME- and Fair value gaps situated below the current price. As a general trend, these gaps are known to be filled eventually. Thus, it would be reasonable to anticipate a price retracement to those levels. It is worth mentioning, however, that such gaps may take an extended period to be filled, though in most cases, they are filled relatively promptly.
Also, the current volume is very low, indicating that a more significant move is coming!
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Key Dates to Watch in March:
30 Mar: GDP Report
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What's a Fair Value Gap?:
A fair value gap is the difference between a financial instrument's theoretical value and market value, such as a derivative or security. It can indicate a misprizing opportunity for traders to profit by buying or selling at the misprized level. In other words, there is a gap in the price in which some open orders still need to be filled. The price will return to fill the orders.
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BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
BTC - The price will eventually come back down!Here's a quick look at the 8 hr BTC chart. As we can see, the price has been oscillating within the bigger broadening wedge. This kind of price action is tough to predict. The CPI data came in low at 6.0%, which pumped the whole market.
With a series of lower lows and higher highs, the bulls and bears are getting rekt simultaneously!
If the price stays within the broadening wedge , the next logical move would be to the downside! But you never know!
Also, watch the history of CME gaps - They've always been filled! The overall sentiment isn't bullish, so these gaps are expected to get filled in the short term!
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Key Dates to Watch in March:
21/22 Mar: FOMC Meeting
30 Mar: GDP Report
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What's a Fair Value Gap?:
A fair value gap is the difference between a financial instrument's theoretical value and market value, such as a derivative or security. It can indicate a misprizing opportunity for traders to profit by buying or selling at the misprized level. In other words, there is a gap in the price in which some open orders still need to be filled. The price will return to fill the orders.
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BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
Is it the end of the bear-market rally on the S&P 500?Volatility was high during the Asian and US session yesterday, which saw a reversal of fortunes for the Japanese yen and the US dollar track Wall Street lower by the close on concerns the US is already in a recession.
The yen originally weakened and sent USD/JPY over 250 pips higher as the BOJ did absolutely nothing, catching pre-emptive hawkish bets off guard. Yes with US retail sales sinking to a 12-month low at -1.1% m/m, then industrial production and manufacturing output falling –0.7% m/m and -1.3% respectively, it seems ‘happy new year’ is a distant memory and bears are coming out of hibernation.
The Dow Jones led Wall Street lower (-1.8%) followed by the S&P 500 (-1.56%) and the Nasdaq (-1.3%). It also dragged the dollar lower as traders bet on a lower terminal Fed rate, seeing USD/JPY hand back most of its earlier gains. AUD, CAD and oil were also dragged lower as recession concerns dominated sentiment.
S&P 500 daily chart:
The S&P has stalled at an interesting juncture, and one that may prove to be a major swing high, during its worst session in 21. A large bearish ingulfing candle formed following an intraday false break of 4,000, trend resistance and the 200-day MA. Also note how the S&P has struggled previously at the 50-day MA back in August and twice in December. Volume was also above average to show conviction in the down-day, and the OBV (on balance volume) has been trending lower since November, despite the S&P’s rally since October, to show that bearish volume is dominating overall.
Have we just seen the end of a bear-market rally?
Possibly, perhaps not. But it does appear that a prominent swing high has formed
• Our bias remains bearish below 4016 with an initial target at 3800
• Bears could either enter a break of yesterday’s low, or seek to fade into rallies with yesterday’s bearish candle (this potentially increases the reward to risk ratio)
• If confident this is the end of a bear-market rally, bears could keep an open downside target and manage with a wider stop as it moves lower to managed the inevitable whipsaws along the way
The Entry - Sell Today, we will do a few case studies on how we can make a market entry, this technique can be applied both the long-term or the short-term trades.
Today’s content:
1. 25 Nov 21 - Entry signal to short (transiting into today’s bear)
2. 13 Oct 22 - Entry signal to go long (for this bear rebound)
3. Today – Entry signal – Sell
If you have been following, today’s is the 5th tutorial in our Trading Series:
1. “The buy strategy”
2. “The sell strategy”
3. “Developing long & short-term view”
4. “Choosing between the time frame”
5. “The entry”
E-Mini Dow Jones Futures
Minimum fluctuation
1 point = $5
10 points = $50
100 points = $500
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
Head & shoulders pattern - Not a bullish outlook! - BTCHere's a quick look at the 4 hr. BTC chart. As we can see, the price har recently printed a Head & shoulder pattern. The head and shoulder pattern Is a bearish chart pattern which has a high probability of breaking lower!
If the price breaks below the neckline, the price will probably end up in the support zone or even lower if the price doesn't hold the support zone.
If you're in a Long trade, then a break below the neckline should be your exit/sell.
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
BITCOIN SHORT POSITION FROM 16450$BTC looks good for a short position.
STOPS AROUND 16800$.
$15600 IS MY TARGET.
EURUSD hits optimum entryHello traders,
Last week the price was ranging until we saw a breakout to the downside on Monday.
This breakout took out the low of last week as an indication of a break in the market structure.
The bears are now in control.
However, If you missed this move then we have a second entry today according to the ICT fibs.
Good luck💥
Bitcoin bull market 2021The main support and resistance levels of Bitcoin during 2021 mapped out. Our top for 2021 is in at 69K, the question remains what we could expect for 2022. In my opinion we could expect more downside unless we break resistance and close 2 consecutive weeks above the bull market support band (now at 52,5K).
Like I said in my last idea, we have been in a mark up phase for 3 years now, starting in December 2018 which ran all the way to November 2021. Every mark up phase is followed by a mark down phase and we already extended 6 more months compared to the 2017 cycle. Given 99% of retail did not take profits because "this time it's different" - I do expect a capitulation during 2022 - although price does not necessarily have to stay below the current resistance trendline. A relief rally will come, whether in January after a further correction in the coming weeks or vice versa. All in all, I think 2022 will be a tough year for the bulls. I look forward to how price action will develop over the holidays and Q1 2022 and I expect opportunities between Q2 and Q4 2022 for those who have buying power.
IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
Bearish trend continues for BTCHere's a quick look at the weekly BTC chart. As we can see, the price is currently in the crucial support zone , and the price has to hold the support zone to avoid a significant downside. If the price doesn't manage to keep the critical support zone , the price will likely end up in the 12.5k - 9.5k price range.
I must mention that there is still an open CME gap at 9.7k, and we may very well end up at the 9k level and thereby close that CME gap. Tho there's no specific timeline for when they'll get filled.
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What is a CME gap?
Key points:
A CME gap is a break in the graph of the trading prices of an asset, in this case, Bitcoin . So if BTC closed at 8700, then opened the next session at 9400, there would be a 700-point gap in the chart. Some traders believe that gaps will get “filled.” Meaning the asset will go back down, in this example, and “fill the gap.”
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Is the delinquency rate too good to be true?The red indicator shows the level of delinquency for each quarter.
The blue index is the SPX.
We have an inverse correlation.
With the increase in interest rates around the world, the cost of money becomes more expensive.
The payment of loans becomes more expensive, so the percentage of defaulters tends to increase.
To pay off debts, positions in the equity market are liquidated.
I'm waiting for the Q3 result (quarter 3 - July to September).
Any bullish indication above the value of 1.24 (quarter 1) would already be a yellow signal.
A value above 1.43 (Q1 2019) would be a red flag for an earthquake.
That would trigger a further drop in the equity market...
BTC outlook - Bearish trend continues! Here's a quick look at the BTC daily chart. As we can see, the price broke below the bear flag ( Rising channel ) and if the price doesn't hold above the crucial support zone, then we should expect BTC to go down much further. The technical target of the breakdown is down at 11.5k! For now, I do expect us to revisit 18k at least, but let's wait and see what happens here.
It should be mentioned that a lot of strong indicators are showing sell signals at current prices, and one should take note of that. Also, the S&P 500 is not showing much strength and is very likely to go down from its current price level.
I expect BTC to end up at the 9-10k level in this bear market due to the CME gap at 9.7k, BUT I could be very wrong!!
Trade safe!
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What Is a Wedge in the context of trading?:
"A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series throughout 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge-shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts.
Key Takeaways for Falling wedges:
1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods.
2. The patterns may be considered rising or falling wedges depending on their direction.
3. These patterns have an unusually good track record for forecasting price reversals."
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Dow Jones weekly market analysisDow Jones forming a higher low in the market trend indicating weak in the trend. and very correlated and similar in the S&P 500 and how I compare the behavior in the past. Because we see that:
Dow Jones could to forming a similar pattern like what we lived on 2008 in this Bubble financial in the stock market. What it's very important to study it how we compare their behavior in the past, and also this help to identify and be prepare to short stock market.
So guys, I don't going to write a lot here, because it's very similar what S&P 500 do
That it's all my information that I can to bring you
Also, I suggested to read my 2 analysis below about this content to related idea.
On Chain Analysis using glassnodeThis is a quick description for using the Bitcoins Active Addresses from glass node.
This chart is typically not something that makes much sense as it jumps back and forth with a-lot of volatility.
However, apply a 14 Day SMA and you can get idea of the average of all the noise.
I will explain briefly what the noise could mean.
The number of unique addresses that were active in the network either as a sender or receiver. Only addresses that were active in successful transactions are counted.
When bitcoin is performing well through its bullish market the average of the BTC_ACTIVEADDRESSES will perform well along with bitcoin. Being that BTC is all the hype and the number of unique BTC users and active addresses is increasing alongside with bitcoins price.
When bitcoin has reached or near reached its peak this number in the past has started to consolidate prior to BTC high. This may be a sign that "BTC Hype" may be reaching is heigh. Meanwhile a good spike up after a bear market could also potentially indicate the end of a bear market.
Plot this ticker on your graph for yourself and add a SMA 14, is what I used or something similar in nature. See if this could help you in the future in understanding the current strength of CRYPTO market.
Add a BTC chart to a split display to make it easier to compare.
PS - The spike before the lunar Collapse around the 16 of May was a sign that people were actively changing money around.
INDICATOR IDEA - Place a SMA and an Indicator on the SMA around Above 950K. That would be a nice indicator that more people are consistently coming into the network and it is becoming more active, and this also give us a New Higher-Low.
Are we looking at the next 20-30% drop in the stock market? First of all, this is not to cause alarm but to look at the JPY chart from a holistic long term view.
The last time we posted about a market drop, it came true. This chart is a summary of how we called the DJIA to fall from 35,200 to 29,000.
This was also followed up with a posting on the SPX from 4200 to 3700.
Looking at the long term view of all the YEN pair, we are seeing massive reversal signs on weekly chart. When YEN strengthens, the stock market falls as risk off sentiment comes back.
This will be analyzed looking at the AUDJPY. The pair just completed a Head and Shoulders and it is poised delicately.
If it can go above 97 and close strong, we will see the markets go up and the pattern is over.
However what is more likely to happen is that the AUDJPY will start dropping down due to the shoulders at 95.80 and head at 97. The first level is 90.32 and then to 87.20. The drop in the AUDJPY is going to be corresponding to the drop in the indexes.
How long will this take? I believe it will be a slow grind down. This level is likely to be reached in about October to December timeframe.
Would love to hear your thoughts and comments. Cheers
Matic - 2h chart patternsMatic had a serious push and now formed and broke on the downside a symmetric triangle and retested successfully the apex of the triangle. That is a bearish confirmation so we are expecting more downside from here . Let's see what happens.
Do your own research - have fun with the markets!
Cheers !
BTC UPDATE-$18k - $16k is most important zone to watch out for next few weeks.
-If Bitcoin manages to hold this 18k-16k then expect midterm uptrend to $30k-$35k before heading down to final capitulation target $9k.
-If bitcoin fails to hold above $16k on 3 days chart then be ready for the final capitulation to $9k before any healthy recovery.
Bear MArket Warm UP U.S. stock markets opened sharply lower on Thursday after a new 40-year record high for U.S. inflation stoked fears that the Federal Reserve will have to raise interest rates repeatedly this year.
Earlier, official statistics showed the consumer price index rose 0.6% on the month and 7.5% on the year, its highest since 1982. The rise in prices was broad-based, with the majority of sub-categories for various goods and services showing an inflation rate of over 5%. The labor market, too, showed further signs of having ridden out disruptions from the wave of Omicron-variant Covid-19 quickly, with initial jobless claims falling by more than expected last week to 223,000.
The figures were a disappointment to the bond market too, pushing yields (which move inversely to prices) at the long end of the curve up by around 5-6 basis points. The benchmark 10-Year Treasury note yield, which had fallen on Wednesday after a well-received auction, rose to 2.00% for the first time since August 2019.
CRYPTO is not the safe haven dont be..... you know it.






















