On the weekly tf SPX is moving in a falling wedge.
I'm very bearish on the long term about SPX , in my view we'll see a correction in 3300 area and more, but sometimes markets behaviour is strange so I'd not be surprised to see a new ATH in 5000 area that would be the target price of falling wedge, before markets crash.
In my view current bullish movement will retest 99/100$ area before correction to 80$ area . Then after a retest of 97$ area and a deeper correction to 75-77$ area I think a massive final bullish move to 150$ area will complete the cycle started in 2020 from 0
In my view current bullishj move will stop around 106$ area where I expect a correction to 86-87$ area . From that area I expect a retest of 104$ area , a rejection to 81-82$ area where last massive bullish move should lead price to my final 157$ tp
BTC looks very bearish ready to new lows , last chance for bulls is the 19400 level , if it supports the price we could expect a new short term bullish trend otherwise we can expect a test of 14-15 k area
As expected SHIB 0,000013 support was broken so price is retesting 0,000012 area
In my old views bullish final tp was 0,00001916 , this target can still be achieved if critical support 0,00001186 support holds otherwise I think that bullish trend is over and SHIB will test new lows in 0,00006 area. My strategy is closing short in 0,000012 area and waiting price...
I'm still bullish on the mid term on SHIB but I see a rising wedge (blue channel) forming if confirmed we coul retest 0,0000118-0,000012 area if that area doesn't support the price, my bullish view would be replaced by a strong bearish scenario.