AMEX:SPY CBOE:SPX The next 12 months
It's looking like this rally is set to pullback before one final push higher to the 480 area to create a Double Top
That's 5% higher from current levels plus whatever pullback we get now
Then a CRASH📉 of at least 35% even more for the #NASDAQ
SPY could go higher than 480 but I'm not...
Has this rally been the "complacency" rally? Jim Cramer recently tweeted how much BILLIONARES should be kicking themselves for not being part of this monster rally. Is this just a giant lower high/bull trap and are we already rolling over into the Great Depression 2.0 or ughem, a Great Rest?
You heard me .. XRP won and XRP partnered with BlackRock so what will happen next?
Don’t worry we are still bullish in 1D & 1W chart but in reality we are bearish and the resistance won the tug of war. So what does this means after we heard the news from BlackRock .. we have to SELL THE NEWS.. which means
Bitcoin and Ethereum will drop a lot too it means
The VIX will spike again, nothing to do about it.
Fundamentally, a perfect storm is brewing.
We had/have many events in the markets:
- Covid Pandemic
- Supply Chain Disrupted
- Ukraine Invasion
- Russia Sanctions
- Inflation Spike
- Energy Crisis
- Global Drought
- Interest Rates Hikes
What's next, a full-blown WAR?
If you have`t sold the Bearish Pennand doubled by fundamentals here:
or The Next FTX article:
Binance Founder Changpeng Zhao to Step Down and Admit Guilt!
The CEO of Binance, the world's largest cryptocurrency exchange, is set to resign and plead guilty for violating U.S. anti-money-laundering laws, as part of a deal aimed at allowing the company to...
economic told us something about ETF approval which means should hear about next week. Right now we are at the top 38K and now we are at almost 37Kif you look the chart 4H-W1 is bitcoin creating the biggest bull trap in crypto history..?!
If it’s true then we will see the biggest crash in bitcoin history and bears will take over since halving is now in 5...
Thank you for reading this update.
LQT volume trend shows a breakdown trend.
Our study shows some signals on the volume that can make this coin fall.
Trading this coin with no risk management will bring a very high risk.
Crude chart depicting what a crash in the Q1 of 2024 may look like as it relates to TVC:DXY
Similar scenarios could occur across multiple markets including the BNC:BLX and OANDA:XAUUSD
Depicted here showing TVC:DJI making a double top with a slightly higher ATH as the US Dollar Index re-tests monthly support and the top of a falling wedge before...
Personally, I think a lot of banks are going to get hit really hard.
WFC is on an edge and it doesn't look good.
Here's the chart
price targets and trends are marked.
If this thing pumps to some of these rejection zones, I'd look to enter short.
Who knows, we might already have hit top.
The drop from current price to the targets low is around 40% and 60%...
Thanks for reading this update, remember that this is not trading advice.
Tomo did see a trend fall of more than 25% last hours with a whale removal.
its possible that it can have some increase back since it did fall manny %
We checking the coin if it's able to break down below $1 and to have a confirmed breakdown.
As I predicted and right now the highest peak of the last correction of this year.
Bitcoin will now prepare to head back to the trendline and on the way to the bottom; this is going to be a long way down. Also we will see flash crash as well during the crash into back to a bear market to head back to the real bottom.
Thanks for reading this update, please remember that this is not trading advice.
We expect that CELR is the next coin that will see a next free fall and game-over trend. Since the big exchanges have played the round.
We see on low time increase but this means noting for the real trend, we did expect before more crash trends on other coins.
The fake volume...
BTC did increase with the least news and confirmed the important level of 30500, BTC still has a high risk for breakdown since the last world trends and Dow Jones expects on range that can meet the corona times effect when the USA charts did crash.
For day trading BTC could be an option, for holding we expect that there is a good chance BTC can get a recovery...