trend line breakdown and the price return to test the line
Many bearish signals on XRP : 1- Crossunder Ema 9/33 on 4h chart. 2- Brekdown of Bearish chuvasov fork. 3- Buy volume in "big divergence" , dropped a lot. 4- No reaction of Buyers on 0,5fib retr and weak reaction on good support. Waiting for the retest of chuvasov fork , and maybe another opportunity for short.
With a major stock market correction just around the corner, these two points on SPY at 183 and 157 are key supports.
Not so sure the bottom is quite in yet. . .it could be and we could be just accumulating here but as we saw with the recent green candle that got rejected at the bottom trendline of the previous bearflag we are still in dead cat bounce zone so more downside is more probable than this being the current bottom...I really can't see it goign lower than 2.8k but its...
XRP has broken down after the stagnation for a long time in the face of major crypto sell-off that saw almost all the coins falling off the cliff. XRP/USD is down nearly 8 percent on the day at $0.346, after hitting as low as $0.3315. XRP has been a relative outperformer in this recent sell-off and bulls have been able to hold on to in the face of this massive...
the additional 3rd target not shown here is somewhere in between those 2 around $3,231 or so. I'm gonna wait for any dead cat bounces to ladder out any more.
With an extremely weak black friday turnout this year and an already bearish move these last 7 weeks, I expect SPY to take a further move bearish next week.
The crypto markets have been super volatile over the last couple of days and we see recording breaking volume across many exchanges, indicating that capitulation might be in process right now. This doesn't necessarily mean that it'll be "the low", but I believe we're pretty damn close to it. Good opportunities are coming up! Elliot Waves I'm personally not a...
As I said in my previous btc idea I flly anticipated we would break down from the descending triangle ebar flag which we have...we are inching closer and closer to the drop target with every new 4hr candle...I expect us to hit this price on bitfinex but the premium may remain and if it does that means on exchanges like coinbase it could fall as low as the 4.4k...
Back on Oct 15th, BTC as well as many other altcoins pushed bullish in the market giving many traders hope for a raging bull market. However, it pulled back more tan 60% of that move in the same day, giving a clear indicator of market manipulation and further downside. Now two weeks later, BTC continues to bleed and will likely test the 6.1k zone again before...
bad day in btc today as a big head and shoulder pattern has triggered and reached the first possible drop target which it is now currently wicking upward from. That target was calculated by not including the super tall bitfinex tether wick on the head that happened in october...the second target is about 1,000 lower than that and factors in that massive...
Ticker: TVC:GOLD Timeframe: Weekly/10+ Years Entries, exits and expansion possibilities for both cases. All you have to do is wait. You're welcome.
BITFINEX:ETHUSD We got a symmetric triangle forming with volume decreasing. My bias is we're going drop once we get to the end of this triangle but I won't let me bias affect how I trade this. I will be waiting for confirmation of either direction. Be careful of both bull traps and bear traps. We could easily wick up and come crashing down. Wait for a close...
It got break down and confirmation sell then you can get sell@now till tp@145.782 near good resistance. It's 1st tp. I will share 2nd tp.
The S&P500 (SPX) has broken some important supports lately. I'm using SPY as a proxy. The first chart, on the left, is a monthly going back to the lows of the recession at 666. The second chart, on the right, is a daily to show the trend line up close, as well as to show that SPY has lost its 200 day s.m.a., too. This suggests a longer-term decline of a...