Primary Chart: 2D Chart of ETH Showing Fibonacci Targets ETH and most cryptos are moving fast so this post will be brief. But ETH is headed to new lows. It has sliced through every single major retracement of the rally off the June 18, 2022 low. Squish has remained bearish on BTC and other cryptos despite very brief counter-trend forecasts on occasion to...
Primary Chart: Down Trendline from November 2021 to Present and Several Anchored VWAPs Recent False Breakout above Short-Term Trendline After hitting a new low on September 29, 2022, AMD had a brief a rally off the lows . This led to a brief break above a shorter down trendline from August 4, 2022 peaks (light blue down trendline) Now, AMD looks to have...
I think time has come for btc to go down. i said that btc is going to 28k and then go back down at 9k but 28k for now seems impossible. What i am expecting is the following. Btc goes up to 21.8k it forms a bull trap and then slams back down at 15k then from there we should easily see 9k being touched . Lets see how this unfolds.
My personal opinion. I don't think the bear market is over.
its fantastic that major indices are still managing to find areas of support on the way down. this to me is indicating when we do finally recover it will happen in a reliable manner. its also telling me that these areas are not max pain. to find a bottom permenantly id like to see bullishly diverged oversold levels in high volume. right now signal is still red,...
Just a hunch. The "emergency fed meeting" this week will create some bullish optimism and pull markets out of this tailspin (stock indexes at least, crypto and metals holding), which will in turn pump us out of theses bottoms, but not before complete terror takes the first half of this market as stocks ending the quarter barreling down. But, retail is broke, and...
We just experienced one of the biggest bull traps in stock market history. A bull trap occurs when price reverses to the upside after a downtrend, such that market participants enter bullish or long positions believing that the downtrend has ended and a new bull run has begun. The trap occurs when price rapidly falls back down taking out the previous low and...
Bitcoin printed long wick, bull trap behavior. Good risk/reward entry on H&S continuation pattern. IQ has always and will always, get all the praise; but discipline gets the job done ~Mark Ritchie Lose like a pro and keep trading, or lose like a novice and quit ~Mark Ritchie
Chart 1 : BTCUSD's Downward Breakout From Bear-Flag Channel (Chart 1 also includes a hypothetical price path showing one probable way that price could retest the channel and the downward trendline that has held as resistance since November 2021. BTC's Downward Breakout from Parallel Channel/b] On August 19, 2022, BTC fell over -10%, breaking out below its...
if you look closely the stock, yes the stock broke the trend line on 29th of aug, but its recovering and coming back to its support, theres a green candle too, lets see what happens on Monday. check out the volume too. plus have look on MACD indicator, its strategy telling to go up.
Welcome, welcome. In today's video I have some way for you all to get involved in a little bit of the development of this indicator. As you read below you'll be able to do me a favor and leave your comments the topic at the bottom where you can name the next indicator tied to the CSC-HARSI 2022. So what would you call it? Read on...... Once again we've...
Bitcoin has been following and have not broken through this blue trend line since April. Right now we see a lot of Doji candles, and candles with long wicks, that tells me there is confusion in the market, and we are not sure where BTC could go. As well, we have the 55EMA acting as major resistance. For me personally, thats 3 easy and simple indicators telling me...
This is a SPY weekly chart after the Friday FED speech signaling continued hawkishness till inflation drops to 2%. Spy has a history of making bulltraps (higher highs on this weekly chart) before plunging as seen in my several boxes. It was rejected by the black downtrend line from the 476.44 ATH (see black falling wedge) & also rejected by the horizontal neckline...
Is the price of BTC/USD going up? YES but, is it rising strongly? NO Possibly the price is going to give another bearish trend in the short - medium term since historically the last months after the post-halving year are bearish and more September. Besides, it is presenting a correction pattern and the correction patterns do not present strength. We'll see what...
$KNC bounced down off the resistance level and the upper boundary of the channel. Decline to support level at 1,44$ is likely to happen.
Here Im using the trend based fib ext. SPY is currently at the June highs and the 1.618 Fib level. Seeing deviation with price making a higher high and the RSI making a lower low on the 4HR. (Bearish) In June fear turned to euphoria in an instant. Talks about the bear market being over started, just like it is now. Spy fell out of an ascending channel after...
The price is moving according to my last analysis on July 29th of the S&P 500 Futures. The market is taking a breath from last week, yesterday it closed more or less at that support area of $4100. We still have some important earnings incoming, I stick with my point that we can use the momentum to get to $4200 or even higher. However, in order to break this...