It's getting pretty obvious to me that we topped. We have a beautiful rising wedge here. Unless an insane amount of volume come back and invalidates everything I believe we are in a Bear Market! The market tells you everything you need to know. You just have to listen. Enjoy!
Last night (12/10/21) CPI data came out reporting a 6.8% increase. This is exactly what I had predicted as I've mentioned multiple times prior on other platforms. However, I am here to say that it is FAKE! In a couple of months the true CPI data of today will "unexpectly" show up. Markets will freak out and you will end up becoming a bag holder like 90% of retail...
Fear & Greed Index hit 16 - Amazing! Bitcoin touches the 200 day MA Bitcoin oversold on RSI Stock market pumps before the weekend Honestly, I can't really think of a better time to start buying this s**t up! Amazing deals everywhere! BUY! BUY! BUY! 💪💎 🙌
Just a thought. I adjusted my initial BTC chart plot for Elliott Wave (expanded flat 3-3-5). Not financial advice since I'm not really sure or confident of marking the Elliott Waves. Is this the bearish outlook that @BCBacker had warned us before?
This is my long term Bitcoin price forecast.I know this is crazy. If they control the price of Bitcoin,this is how they destroy retail investors and traders.
SPX: Inflation numbers and tapering discussions have put many investors on guard since mid-September. You can see on the chart that the market has broken down a trend line started in March and is now in a bearish channel since the September top. With a succession of lower lows and lower highs, it's fair to say that bears are in control. Is this the end of...
We hope you practiced some risk management for the last big BTC move, but here is your chance to protect yourselves again. It is safe to say the Bull Market run is over. The best we can hope for now is a few pumps to help us get out of some over-leveraged positions. None of this is financial advice and please understand that we are a neutral party. Not a Bull and...
Hello Everyone, Quick analysis for today. There has been a question in the air for the last 2-3 months. "Are we in a bear market?". Well there is not a simple yes or no answer for this and I would say it is a little too early to call. I am personally leaning more bearish as I am seeing rallies with bearish price action representing dead cat bounces. Not to...
So just adding some additional price areas to my chart.I have also provided the RSI indicatorto show the major hidden bearish divergence, along with the regular bearish divergence. These are both yet to play out and paint a picture of a solid move-reversal down to the areas i have charted here, trade safe and have a plan. Love to hear anyones thoughts, cheers $urfbeach73
Bullish trend up to $ 38,700 max, then reversal. This publication is a trend hypothesis.
Bullish trend up to $ 38,700 max, then reversal. This publication is a trend hypothesis.
Current bearish factors : - a large bearish flag - a strong MACD divergence - a huge RSI divergence - a steady increase in institutional short positions (COT report) - a significant drop in volumes these last months - a weekly bearish MACD cross - a death cross in progress - the great powers want to regulate the market This publication is a trend hypothesis.
As you see after massive news , fomo and Valuability for investments on lower price, Btc started to drop techinacally straight to the bear market, as you see at 1st resistance dropped , then failed to return (1), dropped further at next support failed to overpass previous support as new resistance (2) , same now dropped and atm failing to bullish up to 50k , that...
BTC will strongly relapse this week. Current bearish factors : - a large bearish flag - a strong MACD divergence - a huge RSI divergence - a steady increase in institutional short positions (COT report) - a significant drop in volumes in recent months - a weekly bearish MACD cross - a death cross in progress - the great powers want to regulate the market This...
In TF4H BTC has not succeeded in extricating itself from the compression triangle in which it has been evolving for several days, which validates the hypothesis of a bearish pennant. The accumulation of bearish signals and fractal analysis reinforce my idea of a weak retracement before another large decline. This publication is a trend hypothesis.
The many bearish signals mentioned in my previous analyzes show that the market reversal has just started. The study of "true fractals" (those discovered by Mandelbrot) shows that a second bearish wave will occur. This publication is a trend hypothesis.
In daily and weekly, several signals show that a market reversal is underway (bear market), in particular the crossing of the moving averages and of course the huge drop on May 19. In small timeframes, technical indicators show that a rebound will surely occur before the decline continues. This publication is a trend hypothesis.
Currently we still have long term bearish signals : - a great wave of Wolfe - a bearish MACD divergence - a huge bearish RSI divergence - a strong resistance area around $60K - a regular increase in institutional short positions (COT report) - a significant drop in volumes - a MACD bearish cross in weekly - a death cross coming - regulations and taxes in...