SP500 in overbought area (last one was 16.11.2021)
Excellent short from 4310
OK short is NOW
Above 4365 means this idea is invalid.
Corrections should end 3967 - 3915 (50% of the move)
MAX 3850 then it can turn bearish once again.
See you again in 6 months with some fresh ideas (maybe or maybe not)
There is constant bearish pressure on Bitcoin, any bullish candle is weak and dips are still very severe.
EMA200 supports the price at 25K.
Bitcoin dominance is 42% and imo it needs atleast 50% to continue it's journey to 100K so crash is very likely with the things that are happening in economy / world right now.
However BTC price is now between ema50 & ema200...
Honestly, things in the world now doesn't look very bright.
And to be honest economy is more unstable than in 2020 crash.
The FED will raise interest rates in March which can cause next crash.
It almost looks like the COVID crash, but it's longer
The crash will be the best thing that can happen now, because if it goes just up with such a high inflation, then the...
Yeah yeah, boring altcoin, for 7 months almost no performance aaargh! vet go dead! and all those saying this stuff will miss this beatiful run up.
My advice is : you do not want to sleep on VET !
Enjoy the next months.
Price predictions :
( 800% ) 1$ EOY
( 2000%) 3$ if bullrun extends to February 2022
Quick recap :
- VET about to be used by one of the biggest logistic companies in the world
- EMA 200 held the price from falling
- VET is in the gigantic bullish triangle and breakout is going to pump the price hard
- BTC near all time high as well
Golden ema cross or bull trap ?
If crypto market continues to go up and BTC behaves nicely i don't see VET hitting 3$ a problem. it can be real.
bullish ema cross of ema50 and ema200.
Bar pattern from last cross makes 2000% !
Just a TA of possible Moon to the 0,22$ and potential to 0,34$ ATH
+They are launching a Casino , which will be huge Play to Earn and will increase utility of this token.
If BTC behaves nicely then it can moon easily.
NFA and DYOR
For this analysis to be legit is needed bullish close and touch at least to 28K.
If that happens rally continues and everything goes like planned.
If not then S2F,RainbowChartBTC will fail, we have support at 20K and still a trendline in some-way.
Crypto will be less volatile in the future so every scary 50% drop is 100% profit chance, seems great right ?
CKBUSD is moving inside pitchfork channel and the price is near average support (green line)
BUY only after breakout until then nothing is confirmed.
my targets are :
0.25$ FINAL target.
Why this analysis can be true :
- parabolic move is still valid
- we bouncing off from double support
- trendline support and parabolic support
So do not miss this great opportunity !
*NFA an DYOR only my POV !