Expectation is the white path, if we breakdown around June 9th then it will tank to 3700s by end of June If downside isn’t explosive and takes longer than end of June it will likely bounce (dashed path) Max upside I see is 4310 but it has the setup to drop from here directly on a sell the news June 1st when debt ceiling gets raised Any delay in a deal will be...
Simplest chart I will ever post, pay attention to the stochastiRSI here. This is coiled for explosive drop - it will be termed a crash but its really just a test of breakout level from Oct-Dec2022 that never got tested as support. The weekly RSI overold and outside bollinger signaling overextended. These are just supplements to indicate its about time for the...
Breakdown level = 141 Needs to get there by 6/9/2023 to break lower toward targets: PT1 = 127 (by 6/16) PT2 = 87 (by 6/23) PT3 = 70 (if it makes it there it will be the bottom) I am playing puts expecting PT1 Scenarios: - if it breaks above 196 then it has upside to 211-219 (not likely) - if it tests 159-167 and bounces that could lead to breakout - More...
The SP500 is in long consolidation and it looks like it is near to its end. I am considering two scenarios: 1. After debt ceiling deal – when they increase debt limit – the price will break up as a bull trap and will bounce from the next resistance. It will fuel the price to push to the targets – near pandemic bottoms. 2. The price, after the deal, will do...
I'll start this post with what I've earned on the covid flash crash myself. This success was repeated in May 2021 but in other token. That's why I know a little about it. At the end I wrote why next flash crash is possible Bitcoin and other cryptocurrencies often experience flash crashes when there are sharp and significant price declines for a short period of...
Shitcoin Litecoin to crash another 60% next up is $35 Nobody uses litecoin, $105 is a resistance where it got rejected hard. Not too late to open leveraged shorts. First $50, than $35, than $20.
Is Cardano a scam coin? Poised to crash to $0.01? Already down 93% from its all-time-high. There is no whale interest whatsoever. Nobody is buying this coin. Will it go down to $0.01? (Another potential 99% crash from here). Bear market has not started yet!
In today's idea, we're going to entertain a "what if" scenario for CRYPTOCAP:BTC : what if the price of Bitcoin does an exact repeat of what happened back in 2019 up until the high in early 2021? This hypothesis is based off the candle pattern that starts from the 2019 mid-cycle high (1). So, assuming April 2023 was our mid-cycle high of $31,035, it's...
Recession second wave. Vix exp. risk release. VIX exp 17e. Options is getting volatile. can be sold today and market will crash before even vix exp. SQQQ is getting much inflows these days and apple and big tech stocks get heavy shorts these past days into vix exp. Biggest PUT exp is 19e. We need a lot of downside into that to keep options worth.
Since the financial crash of 2008 the stock market has only gone up, will it continue to only go up? How long can America keep living in this delusional illusion. Have thing only got better since 2008? Is the economy strong then ever? No I didn't think so. Not like its the reserve currency of the world. For now. Don't wanna be political so thats all il say...
Cypher and Head and shoulders activated. Not Financial Advice
If we get close below the lower trend line then we will have a great chance to rebuy the coins like EDU ID INJ (very special) ROSE PEPE (risky)
Using cycle theory and WD Gann method, we've found out that there's a potential for downside movement on S&P 500 (SPX) price vibration. Disclaimer: Not financial advice!
The bear market has not even begun yet for 99% of altcoins, such as Litecoin (LTC) and Cardano (ADA). I expect these coins to crash at least another 90% from where they currently are. I agree with people such as Big Cheds, Bob Loukas, Benjamin Cowen, and others that altcoins are far from having bottomed and in fact that the bear market has not even begun...
PEPE looks toppy once euphoria ends on PEPE it's going to dump hard too many large wallets transferring to exchanges. just yesterday we had over 6T pepe inflows to binance
looking like UTAD is near. 31600-33700 or %113 for harmoni
It’s no secret that the US banking industry is facing some significant challenges when it comes to securities losses. In fact, the Big 4 US banks - JPMorgan Chase, Citigroup, Wells Fargo, and Bank of America - are sitting on a combined $211.5 billion in unrealized losses. That's a huge amount of money, and it's certainly cause for concern among investors and...
BTC DI SC5. target for top 31600-33700. should get UTAD in a week