Fractal points to a crash in april 2023, total stagnation of the economy will lead to a 50% drop at least
Been a while since I posted about Litecoin. Expect price to get rejected at the Daily 20 moving average. Here's he setup: Sep 24th, Friday - LTC looks bullish and reaches 174 Sep 25th, Saturday - Crash begins Early October - LTC completes 60% correction to 69
Wanted to get a quick technical analysis out on what I'm seeing with SPY. Signs are telling me the downtrend isn't done yet. This could possibly just be a retracement from the downtrend, or as you see me refer to it as a "dead cat bounce". I'll be watching it closely to make sure I capture the right call for those looking to hedge.
I think not and therefore I am anticipating a bear market..
We are stuck inside last days range, a possible fakeout of consolidation, might even take the asian low out today. I got a shift on the 1M and got a nice zero drawdown entry.
USD/CAD will suffer a correction before Going Up 💹USD/CAD ⏬SELL ✅TP-1# 1.28200 ✅TP-2# 1.27400 FOMC preview - FED Seeks to downplay rate - FED Is not expected to announce any major policy change My Forecast : This Pair Will fall because the conditions are not met to start tapering this year After Settling at a 1.2896 high, this pair requires a pause before...
This is a spot trade idea to hold a while until good gains. Entry around 28-29 Sell up high play it by ear 47. 70% plus gains. Patience and hold through the good and bad till good profits.
Its official, SPY has crossed the 55 daily EMA, and crossed a strong support trend line. BlueWave gave a red dot sell signal on September 7 as a warning. NOT FINANCIAL ADVICE For people who don't know how to trade a bearish market, I would recommend setting on cash or just buy your favorite stocks slowly. I and my team on the other hand will be focusing on...
Hello traders, for who was sell rally congratulations. For who don't have any position don't rush be patient. Ok Now let move to today Elliott wave analysis. As we expected this morning premarket was in wave 3 of wave 5 and my felling of ext 5 built was true. And now what we have here, algorithm count quite good we have a 3 of 5 and market close with wave 4, what...
People sometimes get lucky or for whatever reason spends months or years trading with no defined system. When we get volatility like today all of a sudden they panic and can sometimes find themselves liquidating positions they may have built over months or which they may have entered yesterday. While this might be the appropriate reaction, the more important...
I do not barely ever hold position when Friday close over weekend. But this time I did this and I also even added to my position close to close Friday. So I carry quite big position. I do this because all my technical analyse tell me market makes big down move on futures open. I admit I won't this weekend because always there is chance I to be wrong. But it works...
Look like we are in wave 3 of 5 possible ext 5, if so I think we will open will gap down target 4350 is waiting
SPY broke the trend line that it has held since March of 2020. Which was bound to happen, it was a matter of time. It is possible to also drop to the 437 support, there is a gap to fill to the upside and I think we can get a relief bounce. After the drop to 437 of course. Then more possible downside back into the zone. Until we break through the zone we'll see new...
We have thoroughly reviewed this pair and we are excepting another crash on this pair, before any up movements. We will give updates on bitcoin as it unfolds.
Firstly: This is not a prediction. I just say what I see. And what I see is, a tentative market top that looks different than all the previous "tops" this year, including the 2020 crash. I will put "top" in quotes because of course, I cannot be sure that is indeed a top until after the fact; obviously. What's different about this "top"? My labelled chart...
Similar to the crossover of Daily 50 and 200 moving average, 20 and 50 moving cross over also effect sometime super and some times mini crash. currently 20 moving average is about to cross over the 50 daily moving average, we are likely to see little upset in a coming days but Since we are already entered in a Golden cross of Daily 50 and 200 moving averages, it...
DAX has reached 1.382 a very typical level for a Wave B, we hadn't seen any real volume since march 2020, no clear indication of a true impulse wave, and it can be counted as ABC wave B with A=C. VERY BEARISH signal. Should find a support at 10700 and a real and structured impulse up afterwards. HUGE divergence on RSI monthly, and a meaningful on RSI weekly !
On the verge of collapse? Very probable. We might see a one more leg up though. October 1 (as 1987) is an important date this year and also a FRIDAY.