Please do not buy Ethereum when this fake rally takes place. Once ETH reaches its resistance point again along with the descending channel we will see this coin below $900...
As Ethereum continues its decline inside this descending triangle we have now touched a major line I have drawn in this channel... If this does not hold you will see the local G-Wagon at your dealership going at about a 40% discount...
Nothing looks good on this chart. Shorting to 10,000
I got scared when I saw this chart... Maybe that is why Jeff Bezos is planning on laying off a lot of people... Let me show you. AMZN right now is trading right at strong/long-term support. This critical support is the consolidation box/range from June 2018 through March 2020. This is marked light blue on the chart. Now, we have strong bearish signals developing...
crash down to 14k. %161 for shark and 1W OB. keep you updated
Everyone should know what’s coming and where we be heading too. Big bloody crash is here and should expect another big black swan.. the bear is in control. Those 3 targets are expecting and 300-270 should be a bottom for Ethereum.
The 2021 BTC double top anomaly is in my opinion a result of the covid crash in 2020. Double tops are rare. This one was the first of its kind for BTC. (gladly correct me if I am wrong) The double top of BTC on 2021 ended on an almost clean close at the 2.272 fib level. Most of people in the space know what this fib level represents. The next bull cycle top...
For context watch the Related Idea video linked below. This would be my idea for an agggresive re-entry into the trade for anyone that missed the first entry. Price has now rejected the Quarterly level (Red line) and also broken below the purple support zone highlighted on the chart... as price retests this level as resistance now, we can expect that the...
Polycab is a great stock with a good fundamentals. i have drawn the major trends supporting from its IPO time and from corona's crash. from past 14-15 months the stock is following the same channel, and has given about no returns. since it has a good fundamentals and the sales are growing nicely, i see a good upside movement. but on the flip side, this channel...
the owner of FTX filed a bankruptcy and his other companies then began to collapse. Other crypto investors experts really seeing 10-12K area will be the new bottom for bitcoin.. even lower is possible but we will see if any bad news are near but there will be. Also the US economy will collapse soon while the whole US states are seeing the inflation will go even...
We update the analysis of the Euro that we have already done on other occasions. I think it's very easy to see what happens here. - Bearish Channel, bouncing off institutional support or resistance zones, but with a dark future. Where the highest probability will be to see the Euro again at $0.85 very soon in 2023 (as we discussed in previous analyses) but also...
The current level of euphoria and speculation on Wall Street is likely to go down in history in the same way that the misplaced optimism of speculators in 1929 was immortalized by the tremendous crash and ensuing depression. The current dynamics at play are more similar to that period than most realize. Many potential catalysts for the Global Financial Crisis...
Based on the lines I drew i kept hittind DEC 22 as a pivotal date. Maybe a bottom or crash on that date but it looks like we hitting around 315 on SPY in the coming months
"Exchange is not your wallet". "Not your keys, not your coins" Despite the strong turmoil due to the FTX crash, DeFi dApps (Decentralized Finance applications that run on blockchains) remain intact, at least for the most part. And given this bad context of the crypto market, it is worth noting that Dexes (decentralized exchanges) and Landing Protocols have...
Interesting chart here on the DXY daily we can see the sharp pull back to strong support line so that’s one more clue that things are about to get uglier in the crypto space. This past week‘s events have cast the block shadow on the entire industry and likely will put increased pressure on institutions and big investors to further limit exposure. In the life...
The fall of FTX will go down in history as something similar to the crash of 2008. On Friday, 11/11/2022, a court-supervised reorganization was requested, the first step towards filing for bankruptcy. In this chart, we can see the balance of assets belonging to the hodlers of the FTT token, used on the FTX exchange. Surreptitiously, on September 26, someone with...
The DJI has completed 5 waves down in a leading diagonal from its all time high to complete Wave A, and is now retracing in wave B which will subdivide in 3 waves, before it completes 5 more waves down for Wave C.
All markets are targeting the levels they were trading at right before the PANDEMIC CRASH! Keep in mind these were the natural levels that were unaffected by the massive supply of funds that were injected into the economy. It only makes sense that we reach those levels again for an official reset. BLUE LINE! Love it or hate it, hit that thumbs up and share your...