Hello all, Just speculation for fun from a fellow beginner and ETH holder. We seem to be forming a pattern similar to 2018s Cycle bottom. 2018s cycle went down 94% from ATH to bottom. This cycle we've gone down around 70% from ATH. if cycles were to somewhat repeat we could be in for another 60% to 80% correction at the current price in the worst case scenario ...
Personally waiting for upside Breakout for Long entry with the combination of Price Action strategy. Trade safely my Friends and let me know your views on this in comments.
Bitcoin 3 possible outcomes in future 1 it will go to 30k to 40k 2 breakdown and wyckoff accumulation 3 12k will come and long bear market I think no 1 scenario will playout
Hello Traders, Seems like Crude oil formed amazing 1:1 (A:C) Corrective pattern as setup for next Bullish Rally. So there could be several more months with prices and gains for miners. Also it could cause increase of Inflation and Electricity prices. I´m staying out of this market, because I really lack experience how to play it (Any advice in comments is...
Since the 16th of june, btc has entered a correction phase, and today the btc breaks the channel where it was balancing. So what can we expect? The market will probably try to do a pullback on the 50 MA and the parallel channel at the same time, and then go all the way down again to 17616!
New Contract, which increases USDJPY Actualy there had to be a bearrun, but we will have a big correction USDJPY BUY GG Ez MatrixV - Your ForexDealer
Bitcoin is going up, not down, this is a trend, the problem is that is taking the time to go up and down to consolidate the price
If you like this idea don’t forget to BOOST it. Fundamental Indicators: Sector – Communication Services US Business Cycle Stage – late cycle, when this sector is neutral Revenue – consistent growth for the past 10 years, 25% average annual growth rate for the past 5 years but with a considerable slowdown in 2022 TTM Profits – dropping in 2022 TTM ...
So far the bullish trendline has been respected, let us anticipate whether out support will be respected once more and from that we can expect a bullish GER30 once more
#BTC Weekly Chart When I tried to look at BTC from macro/weekly time frame, my perspective changed a little. I'm not much convinced with this rally from 17.6k to 25k unless and until we break that Giant Trend-line initiating from Nov 2021(Cycle Top). I'll sum this chart here in brief for your better understanding. Btc made All time High in Nov 2021 which marked...
From the Daily Chart, QQQ is now in an uptrend above the support of the daily SMA 50, 100, and 200 in somewhat of an ascending wedge pattern. Distant support is the buy order zone while distant resistance is the sell order zone above. Immediate ( and breakable ) resistance is the POC of the volume profile. I conclude that QQQ is in a sustained up-trend that...
Hi Traders, As you probably think what is the best indicator // driving force of current Stock / Crypto / Commodity markets (?)... Its probably Dollar Index. You can see its going upwards in a HUGE channel. If there is THE Recession coming (or its already in progress) ... than we Have to follow what is doing the World reserve currency. (Until it well be...
Based on current events. ETH is positioned to get one step closer to the merge and the last of three public test networks completed. Check out what CNBC has to say. www.youtube.com
Easy Bullrun Prediction I hate weekends, forex is closed. GG Ez MatrixV
This analysis in context of the general markets as the general market sentiment decides my crypto bias. - I see rally driven on low institutional buy-back volume - I see leading global economy in denial - I see inflation at a super-high levels and not coming down - I see real-estate entering bubble territory - I see demand destruction - I see consumer purchasing...
Everything for SPY appears to target AUG19 as the potential roll over at 9monthly MA and 20monthly MA crossover. VIX will hit about 18 if this price is achieved. Purple curve represents realized Volatility. Orange curve represents implied volatility for AUG19 when it was taken around JUL monthly. Realized Volatility set-up to reach 9MA @ $424 SPY. Slow-Stoch is...
Tata motors stock has been in bull run since last 2 years. Observing the weekly chart shows a clear formation of Inverted Head & shoulders pattern in the stock. It can test the neckline definitely in near future which is around 500-520 which is almost 7-8% from CMP. A weekly closing above 520 levels or above 52 week high of 537 can make the stock move to its ATH...
Here's a quick Look at QNT 1 hr chart. As we can see, the price has been forming a falling wedge and a break to the upside could be around the corner. If BTC goes south, then this setup won't be relevant. The best entry would be when the price breaks above 125.2$ with a good amount of volume. One to keep an eye on. -------------------------------------------...