This is exact entry for short term & long term traders.Risk what you afford to lose. This is 1:12 RR trade with my weekly prospective.
Similar to ETH, a weekly close under the last ATH would be bearish. Lots of room below across all cryptos that have gone up 100s of %. If you haven't taken anything off the table this may be wise to do so.
If you consider inflation adjusted, Japan's stock market loss of purchasing power has to be much greater than 80% from the peak of 1989 with all the currency creation they have embarked on. Could this happen to the US next? Possibly.
Third time is a charm, I originally thought we would see the sell off after earning as we see the impact of inflation but market didn't seem to care and we had the options gambling mania pushing stocks up parabolically. I don't really get why the inflation number that came out shocks anyone given the expenses reported in everyone's earnings rose sharply and Petrol...
Taken out the last ATH on this pair, now should have a solid move back down. First support zone shown and last low below, aligns with overall short term bias.
Chart shows the possibility of ETH crash and the target.
This should bring out both bulls and bears! 😱 It's an amazing and long channel. The bulls will say that it's a breakout of the channel. The bears will argue that it means the NASDAQ will crash. I'm not into that debate. It's a dangerous one. Overall I think there is a slightly greater probability for the south based on the channel - but how far south is big...
SELL MODEL - market maker sell model in effect shorts into 59,0000.
I firmly believe that we should soon see a correction deeper than the one we recently had which began at the start of September. The chart suggests that after finally breaking out of the bear wedge; which began at the start of the lows of the correction in March 2020, we are now witnessing what looks like to be a retest of that bear wedge. With the addition of...
Hello everyone! I am back with my new analysis on BTC and the market. My analysis is pointing me towards a new ATH for crypto in December or early Q1 of 2022. The price range to look out for is 120k-180k-220k. Dates & patterns will help determine the exact top. Specifically, I am looking to short and sell all my crypto around Dec 14th-Jan 14th where BTC will have...
During the last month we have seen a bullish rally on BTC and by consecuence in all crypto market. However this rally doesnt feel right; there hasnt been almost any corrections. In order to make a new ATH in BTC we need to see a correction minimun until the .38 Fibonacci level (42k - 43k). In my opinion I think this is a bull trap, just like the previous years,...
After some manipulation around ATH, this short looks solid now. We had a bearish candle close and also created an upper wick on the 25th. Now we are breaking the low of the previous candle which should continue lower. Will be putting money on this for sure. The fib is from the Monthly chart.
The daily chart is showing market sentiment from a breadth perspective: the percentage of stocks on the NYSE (2943 stocks) that are above their daily moving averages. The trend is increasingly bullish but that increase has peaked in recent days. [bDetail: MMTH - RED - Percentage of stocks above their 200 DMA MMOF - Percentage of stocks above their 150...
Please go past just charts on this one. This is a market cap of USDT. Where is all the "backing" to support this run up? If I was the US Government, I would be asking where the USD tether is? No wonder UK regulators are all up with their panties up their necks! Talk about a World Class Wedgy! **** DO NOT HOLD USDT - IT IS GETTING DELISTED!!!! CHECK...
This is based on my weekly analysis.This is the top.Mark my words 😎
I am on watch for signs of a resumptin of the downtrend this week. A repeat of 1987 seems very unlikely. However I am open minded. Look for a couple of doji candlesticks early this week or flat close. Then be on watch for a big red down bar that closes back down UNDER the downtrend line. If this happens, and it happens very swiftly, we must be open minded to...
Hi friends Everything is clear but I'll give you some extra infomation Both market cap and BTC/USDT now are struggeling with major R . Especially market cap might make a double top pattern PLEASE PLEASE take this advice from me: *** NEVER BUY AT RESISTANCE AND NEVER SELL AT SUPPORTS *** if you're bullish just wait till the R is broken and for more sureness you...
I have some reasons for NOT believing all the news flow about an impending Stock Market Crash/Shakeout. 1. Crashes are unexpected. There has never been a widely-forecasted crash, because crashes come when something extraordinary happens, not when "it's all over-priced". As JM Keynes said, "Markets can remain irrational for longer that you can remain solvent"....