We have the death cross, bearish market structure, inflation, US stocks overvalued, major debt, rising interest rates, rising food costs, supply shortages and many more factors which will cause a major market correction over the next year or two, maybe longer.
We may get a bump up to the 50ema or 200ema but a continued fall which I think will be between 50-70%....
Hey guys! I hope you fine and staying positive during this period.
Since last update, we reduced Bitcoin exposure from 56K breakdown. Bitcoin market continues sloping down despite good news, positive sentiments and fundamentals.
Key level to hold right now is near 47-46K. Seems like if this level is going to fail, price will drop towards 43-39-35K during...
3D death cross has occurred exactly as told you guys in the mid of may we can see some volatility now so wait for the 28k support to break, So far it is holding pretty good but tapping so much on to the support makes it weak higher chance of breaking down from the support, if this happens we see some more downside as we have showed the potential target for the...
Chart features:
1 - It's a bear market at this time.
2- A clear death cross is seen.
3- Now a parallel channel has emerged.
To become bullish again the DAX would need to get above 14712 and stay above.
Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not...
Sorry, the thing kept telling me my title wasn't in English so idk wtf to do about that. Stupid broken thing. Yay technology.
Anyway, BTC looking like hell here. If we don't see a golden cross soon, its not good at all. So take up your shorts if you feel a bit adventurous.
If the price falls any lower, you can be sure that support has failed and...
Btc continues to decline and some people seems to forgot what the defenition of bear market is. How to know if this is a bear market? 50MA goes below 200MA and price is below 200MA. Simple rules right? Usually it works for 1D charts. And what about 3D charts?
Bigger timeframe = less false signals. And we about to have our 3rd death cross somewhere in the middle...
I won't say much here because I've narrated much of what I think is going on across several indices.
These are very troubled and dangerous times in the markets.
Some say it is not possible to time the markets. I disagree.
Whilst death crosses come and go, the important contextual issue is when they happen.
These death crosses have occurred after a most...
In this video I go over showing why the 45k BTC level is so important. I also explain a bit about the golden cross and death cross and how the EMAs can sometimes show us what might be coming. I go over some other Alt coins in a display to go over the rest of the market. Remember BTC is the front runner. The main attraction. The crypto leader all other coins...
signs looks toppish at the moment as has been whipping up and down the 200 day moving average for the past 3 months. Could continue to range between 272 - 315 (give or take several points) for another few weeks or even months until it breaks either way.
watching 272 which was the support for the past 2 months, each test at this support will bring in less and less...
I've been watching the market very closely the past couple of months and this does not look good. What I see is a bear pennant that just broke down. BTC has already had a monthly MacD cross down, broken this bear pennant, and is about to have a bearish 4hr 50/200SMA death cross. All bad news to me. If this does play out with a 50% correction, just imagine what...
Following on from my previous post regarding LUNA. We can clearly see this is now in an ABC correction after having completed wave 5 to $118. LUNA is now trading below the ML of the green TC and also under the ML of the red TC. With the impending DC starting to converge I expect a breach of the green TC to the A before a bounce. However this would take us to the...
Some saw it, some missed it - and some don't want to see it.
It's still there: The Death Cross.
It is not common for a death cross to appear on daily time frames of indices. When it happens due caution is needed.
No predictions here. The probability at this time is greater for the south. How far south? The markets will tell us. The markets have not spoken to...
Death cross is a graphical pattern in technical analysis that shows the potential for high sales and lower prices.The death cross appears in an asset or index chart when the short-term moving average, the long-term moving average breaks it and goes lower.It has been 120 days now that the 50-day EMA has broken the 200-day EMA downwards.To start a bull market, the...
The past few weeks, the markets have been extremely volatile. Some are arguing we are in a bear marker, others still convinced on this being a correction.
Regardless your side on that, NVDA is in a clear descending triangle, which is text book bearish, and you can argue almost every tech stock including qqq and spy have formed a major head and shoulders topping...
Major sell off of bitcoin STILL LOOMING..I have also seen multiple death crosses on many other benchmarks. The feds and algorithms on our manipulated and rigged markets is trying really hard to rally and prop of all markets not just cryptocurrencies. These rallies will not hold in my opinion. The BEARS HAVE WON and i am seeing confirmed signals of a permanent...
Hi everyone,
Thank you for considering reading my idea.
Next week may be the death cross of the 20 week and 50 week moving averages. Historically in 2014, it took 22 weeks for Bitcoin to touch the 200 week moving average while in 2018 it took 23 weeks.
This 2022, we can "predict" it may take 22-24 weeks (Aug 15-29, 2022)
22 weeks is the least amount of time...
Interesting! So there has been 4 times in the history of bitcoin
where the 21 EMA dropped below the 50 EMA
including the one that's proceeding to happen. Each time it happened
it was a significant drop in price. Now combine that with an M top forming on the weekly.
We might see a similar drop like in 2014, or possibly worse?!?
Thought this was an...
