Now i should be bullish, why because it passed the trendline and became support even it passed the 61,8°FIB. My last idea was: orange trendline, dashed line on 33275 and hidden bearish divergence. Like you could see it bounce from that target (see RED ARROW) but you would be stopped out after. On TA you would say bullish yes, but for me it's still very hard to...
So at this moment BTC is right on a weekly support trendline together with the 200EMA. good for a nice bounce? Also if you take the measurement of the Flag (from the bear flag ) and you put it right where it broke, that target is around 25382. A lot of people have some buy orders around the 28000 (that's on the red line, where the bottom was last time), actually...
It's a closer look from my previous idea about Silver So we can see a potential death cross (meaning the 50 crossing 200) (black circle) a hidden bearish divergence (see that dashed arrows on the RSI and chart) A bear flag, but the beginning i took from the break of that black trendline (meaning the lenght of the pole) and if we bring that pole line to the down...
So we have a heavy resistance around 4044 IF the SPX will reach that target. We can see that with the RED trendline and the black circles. Black support line will become a resistance line? Also the FIB 61.8° and the daily 200 EMA is overthere There's also a hidden bearish divergence. Lower highs in the chart and Higher highs in the RSI The trend is still down. IMO...
Bullish , yes but temperary (IMO). So please be careful. In the TA we can see 2 trendlines (orange and black).The black trendline means the trend is still down (High, Lower high, Lower High,...) So we can see there's heavy resistance around 33315 (dashed black line). That's marked with the black circles. I Think that's the max the DJI will go. IF we cross that...
Last time in may i was speaking about the 2 trendlines (black)(previous idea 116,27 depending where it would hit the trendlines), that maybe this was the end of the bear market. Now we're there, probably you also know this far from over if we're speaking about the bear market. So if we zoom out, you can see a big falling wedge, that one was broken and if you take...
If you look at 2008-2009 there was a -58,82% correction, when you do this again at the target 12.77, also we have a -58% On that target we have 2 support trendlines I see this like a big uptrend but a retest of that bottom trendline.
For me a good buy opportunity: A Support trendline and if you look at 2008-2009 there was a -34,57% correction. If we do this again, you could see it's about -34% It's a good possibility. I still see gold coming down in the charts. I'm bullish on the dxy, after that gold will fly up but not for this moment
Will this target been hit into 2023? Just a target what i will share for later on. We can see two symmetrical triangles and both are broken in the bottom, If we take both measurements, the targets are almost the same and should be around 0.8746 (between 0.87 and 0.88). Also it's a big downtrend so it's possible that Eur/Usd will do a test on the bottom of that...
Will we see creating a right shoulder? that's a possibility. It's about just resetting the RSI. Still the hidden bearish divergence. IF there's a H&S created and we take that measured move. Than it can touch the downtrend line around 28188 (depending where and when it's crossing that neckline AGAIN IF there's a H&S) Also look at the 20 ema what crossed below the...
Seeing a bear flag in that dotted line and bleu trendlines (The pole and flag distance), IF we crossed that trendline in the bottom of the flag, you can take the measured move from the flag (that black line) BUT it's depending where it will break the trendline and will bring us to the first target around 91,40. Also overthere we can see the FIB 61.8° (that one is...
Still in the down trend channel. Overbought in the RSI hidden bearish divergence (even on the Weekly chart) HH,LH,LH ?? Also almost on that important Fib 61.8° (meaning a big bear market rally) IF that trendline is broken with a open and close candle above. AND it will become a support ONLY then you can be bullish . For me really hard to believe in this crazy...
Simple TA. Trendline, Fibonacci 50° maybe till 61.8° and a hidden bearish divergence The trend is still down. in other words, you can see this as a bearmarket rally. In the RSI it broke the rising wedge pattern, maybe more going up for retesting that wedge (also means overbought) A bearmarket rallly means new fresh money is needed before coming down again
Last idea was a failure!!! What can you see now. 1. Two trendlines 2. Still a downtrend 3. 61.8°FIB 4. IF we reach that target hidden bearish divergence will be created YES if it's crossing the 4128, it's no longer HH and LH but there will be a hidden bearish divergence and the trend is still down. just to keep in mind
Still a down trend, HH,LH, Fib 61.8° taken from the LH, and fib50° taken from the HH. also there's the EMA 50 and 100 A bit higher to restest (at 144) that trendline will create a hidden bearish divergence (blue and red arrow).But for this moment there is no bearish divergence!
This should be a nice buy oppotunity IF silver will drop till that target. On the bigger picture (Weekly chart) you can see a symmetrical triangle. It's a big bullish channel but it's possible silver will retest that support line.
Just a quick update. And still looking bearish.The reason-> still under the 50WMA, potential bear flag, thinking what's coming next week (again) some rate hikes probably 75bps (meaning negative for the markets).So you can see a bear flag. IF we go higher it's a little bit for me. the highest i see it goes,is around 4000 (also there we can see the 50ema, the up...