reasonable but doubtful volume has created.
23200 is the maximum upside for short term bullish pattern.
FOMC is coming next week.
Possible scenario of raising 75bp or 100bp.
Either both will create big crash.
My target is to 10000 dollar for BTC
Dow Jones index and spx and Nasdaq all entered extremely greed line yesterday.
Europe Central bank is about make big shot tomorrow and FED is about to do 'Ultra step' soon next week.
This week and next week's interest rate hiking rally would push most of international stocks to fear zone again.
My target down to Dow Jones Index is 28000.
Good luck all...
Taiwan' s conflict between China is rising in thesedays. people were optimistic about WTI
but now they concern about the major war could begin in pacific ocean near Taiwan.
If China begins the war with Taiwan. The US will sanction on china and the most demanding country of Oil will disappear.
Low demand will lower down the price.
Also the MACD is telling me...
SPX tried its best to keep up.
However FED is about to increase the rate and also was between Taiwan looks gloomy.
weekly channel of MACD shows finally the bearish mode also.
exhaustion will begin soon.
3000 point is my target.
This is dangerous market for sure.
Pretty much all cryptocurrency will go back to the price where they started.
Big amount of money is taking out and the fake bullish movement is hypnotizing all normal traders.
I predicted big crash of BTC before and was on the spot.
Check out my previous analysis also.
Tension of high interest rate and lower demand is also the problem.
Monthly MACD and...
interest hiking rally seems not going to stop any soon.
inflation rate will be opened this week and there would be nothing changed.
FED has to hike more rates sooner or later.
all economical data indicates that black swan will coming soon.
CPI is also in danger.
FED possibly raise 1% up of interest rate plus in September soon.
This will overlay to the...
I was hoping that double bottom pattern forms, but BTC wants to go more down from now on.
last night BTC showed some bullish pattern but it failed immediately this morning.
This means fake bullish pattern is on going process and it will make another bear market again.
There are many news about monkeypox's outbreak all over the world.
We have to be careful from now on.
This outbreak will make ceasefire in Ukraine.
If war stops, Biden's reserved oil policy will work and lowing the price of WTI
MACD is also losing it's power again.
Finland and Sweden are considering to join NATO sooner or later.
This will create much more tension in europe.
Also the tention will lead the downside for the NY market.
We need to watch carefully for the perfect storm. Giant Rhino is coming.
MACD is about to make perfect wave to create big bearish term also.
EU is about to settle the deal with banning...
last time I predicted long and it went up thesedays.
However bitcoing lost its volume and came back to where I started.
there is theory that bitcoin follows nasdaq also.
I think Nasdaq is about to move to the upside sooner or later.
RSi is showing that btc is in overselling term also.
BTC is on the edge of overselling term now.
It's now the time for buying a dip season.
Take a profit to 27000-25000 around.
Control your greed. BTC can fail very hard after the dead cat bounce.
Check out my previous analysis also :)
BTC showed the faking pattern thesedays to fool all of you.
The major could make this wave more and more but the final goal is down to 20,000.
Even few famous traders have been punished with this foolish bull pattern.
Let's keep waiting.
crude oil was in very much danger this week from the beginning.
However it reached to the safe zone.
Which means next week will be very bullish to crude oil.
EU couldn't make deal to ban russian oil. But eventually they will succeed to ban russian oil by negotiate with Hungary.
There is no chance for BTC to grow power back.
This is serious momentum that traders won't have hope for cryptocurrency anymore.
20000 dollar is my target.
Good luck traders.
I will update more when it reaches to my target
EU failed to do sanction on russian oil.
FED's raising interest rate would push the commodity price to go down further more.
MACD already lost it's power.
WTI would need more time to grow back again. 85-87 is my tareget from now on.
I will update more when it reaches to my target once again.
BTC used a lot of energy to go upside this time.
Exhaustion of force will make to short BTC.
This time the downside trend will be very hardcore.
I will be fearful and stronger .
45000 will be the strongest resistance point.
WTI is considering to be bearish in short term.
I don't mean this momentum will create bearish cycle to crude oil.
EU is dealing with Hungarian government to do sanction for russian oil.
Only matter of time to close the deal.
But it will go down until it makes perfect negotiation.
MACD is also decreasing.
Target to 97-98 around. I will analyze again as...
War is about to face agressive momentum soon.
This momentum would disturb the entire market shaky.
Target price has extended from now on.
More down forecasting.
Bollingerband switched to the falling trends already.