Stocks had a little flash crash that was immediately bought back up. Currently, the S&P is sitting at highs. After a crash like that it was lucky to get bought back to highs let alone break out again. The Kovach OBV has run out of steam and is flat at current levels. This is not a divergence quite yet, but it does suggest stocks should at least range a bit...
Perhaps we will test the bottom end of the mid-term trend channel bitcoin has created. Wiping out much of the hyped retail liquidity leveraging themselves on the exchanges.
A resume of the idea: despite being very bullish in the long term, BTC may experience a "flash" crash in the next days, to retest key levels before taking off in the following weeks. Many key indicators are bullish (NVT for example), but they are longer term indicator. In the shorter term, there is a confluence of indications suggesting that BTC could revisit 9000...
For my chainlink bulls RSI on the 1h Chart showing a better BUllISH Divergence I know watching is Scary at the moment however i am noticing bullish patterns we may have found support in the fib region we are in if we break it we could be looking to retest 14.55 area...
hoping for us to follow up the 3.618 fib circle
its very possibly to drop to the 4.236 fib...
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
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Hey Friends in this analysis we want to present you a possible Sell Continuation on the Dow Jones.
Important for this to play out is to have the Daily Candle closed below 20.000 which is a very powerfull psychological Area.
As soon Daily Candle has closed below that we should see the 17.000 Level very soon as it is the next Area where the market could drop.
...
We have had a great time trading this (always shorting) the gap took our profit target and the oil crash during the Asian session gave us more pips.
However, now what as the market begins to calm during London or even becomes more volatile?
The monthly looks to break through to the downside.
We will post a daily chart too for further trades.
Bitcoin price movement heard the cries when Bitcoin BTC broke past the $1000 psychological barrier. However, it appears that the hard time is not just over yet as Bitcoin price is moving into the fourth consecutive head and shoulder pattern within a short span of 20 days. If the pattern forms, a new low is coming below the critical $9500 support. Bitcoin is...
As previously discussed, I predicted 48h ago that BTC would drop to mid 7k range in just three days.
So he we are, $7800.
Expect flash crash to mid 6k in the next 48h.
Also BTC probably won't switch to bull mode til' early Spring. Whales are maxing out the accumulation phase.
Look at the Weekly chart on the left. Is this a sign of manipulation or a just a system blip? Or is this showing signs of sudden huge pending orders of the big banks? Another flash crash in the making and Oanda shown it to their charts instead of hiding it until at the right moment?
In a previous post I talked about this being a risky time to buy for a long term investment in the S&P, Emini, SPY, or MES. Despite what the media may want you to believe - this market is no longer in a strong bull trend. If it was, prices would break out strongly above previous highs. But what is happening instead? Prices go mostly sideways to down,...
S&P New All Time Highs - Risky Buy
The Emini and S&P 500 made a new all time high again today, leading many to believe this market is still strong. In some ways it is, but it is more important to realize it is also in a bull flag trading range. This makes it a risky place to buy up here. This is where strong bulls who bought lower will start looking to take...
Our Bitcoin Gravity Indicator is once again prediction another retracement move to $7150 +- levels.
This indicator has had a success rate of > 90%
When it told us a move to $6300 was imminent a week ago, very few believed us.
Check it out for yourself:
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VIX should be able to resume the down-trend soon and complete the "greed" cycle, which in turn would translate bullish momentum for Indices and a postpone on the inevitable Market Crash sequence.
If however a break-out would occur, then a proper spike could...
Aussie / Kiwi
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Currently is sitting at Weekly Supply Zone, this pair received a push to the upside due to Rate Decision news by NZD last week.
However, since AUD and NZD react almost always the same to news, we expect heavy bearish pressure tomorrow...
Overall multifaceted analysis leading me to short USDJPY
SPX has entered a period of constrained volatility as we could see risk sentiment return to the market?
What does this mean for the so called "flash Crash" that we had in the Yen earlier in the year? Well at 700 Pip rally in less than a quarter is a massive move, but can we sustain that...
