Please don't take this as financial advice, but let me tell you THE CRASH IS COMING. Sincerely, L.E.D In Spain on 05/11/2022
After the Luna crash, the whole cryptocurrency community is an awe and shock as the UST being the stablecoin, lost its value, hence, depleting the trust factor of crypto holders from UST and other stable coins. Technically, we anticipate Luna tanking upto $19, and then take a buy position from the support.
4000 was a major support level, the other key suppoort levels for the next 12 months are 3500 and 2600, I don't think we would go lower than COVID crash but manage your risk accordingly,
Multiple fractal signals are in alignment (1969-1929 price action very closely resembles that of 2000-2022), and monthly support may be flipping into resistance, suggesting a move down to the logarithmic support trend line. A fractal/repetition of the crash in 2008 would almost perfectly align with the expected support, acting as further confirmation.
Hello TradingView community and my subscribers, please if you like ideas do not forget to support it with your like and comment, thank you so much and we will start. Today I want to share my opinion with you about btc / usdt
Now it all down to one single scenario THE EXPANDED FLAT scenario!!
Please don't take this as financial advice, but let me tell you THE CRASH IS COMING. Sincerely, L.E.D In Spain on 05/10/2022
It is a good thing to learn caution from the misfortunes of others. What's not as often discussed by all those crypto promoters (Youtube, Twitter, Telegram ...etc) is the great number of people who have lost significant sums trying to become rich by investing in crypto. I hope everything is going well for you or at least you have some spare cash for the black...
The VIX broke out of that major downtrend structure on a daily basis today for the first time in this whole correction. This is a pretty sign for now, Volatility could rallye exremely hard from here... Watch out, things could get somewhat bumpy from here on..
Don't think crash is coming (yet). Or any real correction. Earnings are too bullish for that, Fed is still keeping rates high. I think we still have room for an impulsive blow off (again) out of a historical resistance to 400s range on QQQ before speculators will start taking profits, rates rise and this comes crashing down. There is too much fear in markets now...
I took the Great Financial Crash and copy pasted it aligning it with the S&P ATH. I kept the % drawdown the same, and it aligned with the COVID bottom by coincidence. Not a prediction in any way, shape or form. But it's an interesting exercise to visualise how the drawdowns and the timing worked out then.
A triple measured move of the first wave down, would bring us exactly down to test the pre corona all time as support... This is nowhere near a prediction, just some autism TA :-D That wave rallye we would be close to see at the moment would be very juicy though.. almost 20% rallye before we get that last nasty selloff...
The strength of the dollar as a currency is increasingly present against other currencies, if the FED continues to raise interest rates in this way and the rest of the countries do nothing with their currencies, we would be talking about an increase in strength for the dollar currency (at least temporarily). An increase in the strength of the dollar, would make a...
The levels on the euro's chart against the dollar are highly worrisome. If the European Union does not quickly raise interest rates more aggressively, we could see the Euro fall to levels of €1=$1 or even lower at €0.8=$1. We note that it has been in a bearish channel since about 2005, which it has been respecting in a demanding manner. At the same time we have...
Some price targets mapped out by my log curve. I took into account Fibonacci and EW as well.
Hello traders! I think we are all looking at the indices charts that keeps falling with the effect of the crisis and economy management from the Fed and central banks. **According to Truflation, the inflation rate is at 11.4% in the USA** This economic crash is not yet to stop, we will be experiencing crazy time in the incoming month and years...! BUT...
Unfortunately, we are waiting for the price to return with our short positions.
Let's not deny the bear market we're in, with a Recession more than assured it's only a matter of "when". Currently US30 has been holding support on my 4H and WEEKLY S&R lines and it's been setting lower highs since it hit it's ATH around 36955. All I'm looking for is a good entry for a swing trade down. Again we don't try to tame just mitigate when it comes to...