You can see the most recent trendline up as a relief after the big drops from 60k Breaking this trendline to the downside indicates further downside and a continued larger downtrend. US tech has also been on the decline.
you can clearly see the double top on the daily chart also MACD recently crossed down on the monthly chart so this is a continuation back down
Bitcoin escaped the downtrend from before and went side ways for a little while, like the stock market it is likely affected by CPI and inflation numbers and will drop from here again
after this latest earnings and buying it appears to have upside and potentially a reversal
You can see the red doji at the end of the recovery trend, then when it touches the downward trend line the volatility resumes downward I'm reposting this to link to my past predictions
Looking at the chart you can see the large trend that was started from 65,000 this trend is continuing on the daily and the monthly chart has recently crossed on the MACD which could indicate further downside below $30,000 Current price is $37,000
Cryptos have been down really hard but they all show the same pattern like they hit a wall on the bottom These lows may be a temporary bottom They may try to turn them around and make an uptrend
This might be the end of the bull run that was started 2 years ago We might see Bitcoin back around $10,000 or below in the next year.
Looking at the monthly chart there's clearly more downside for NFLX Don't trust a single thing Jim Cramer says he's been wrong 90% of his career
The relief rally has lasted about a week and has neared its end There's no new highs and no more recovery from here it will likely continue declining further The larger downtrend can be better seen on the weekly and monthly charts.
You can see BBLG was very volatile at $100 It since dropped to its now lows around $4 It has traded at this level for a LONGGG time forming a long base. You know how you see stocks that went up 200% in a day and previously they were nearly flat before going vertical? This may be one of those stocks. Recently there was a huge jump in buying volume of 72 Million,...
I don't even like BYND meat but supposedly bears are piling onto the stock, and so I looked The chart looks poised for a reversal higher on both the daily, weekly, and monthly charts. If they got it to break to new lows I could see it going lower but right now it looks like it should go higher, which would kill all the bears.
You can see GOOG has failed to make new highs and is now falling towards its moving averages
Like other FANG stocks and similar with Bitcoin Amazon has begun a weekly downtrend
Look at this chart You can see TSLA is at near all time highs, but has failed to make new highs recently. MACD has crossed Elon recently made excuses for selling Billions in stock for "taxes" but really he just new the rally was over
Zillow has been selling out of the homes it bought Blackrock is being quiet about the purchases it made. The stock market and housing prices are higher than they were before the 2008 financial crisis. The Fed has said there will be 4 rate hikes this year Evergrande is trying to prevent a second default Jamie Dimon has said there will be "volatility this...
PERP has been low for a while and moving contrary to Bitcoin If it is able to cut new highs it could make a trend higher to its moving averages
ICP has been down in the gutters for a LONGGG time It's been showing some volatility lately and has been moving contrary to bitcoin in an upward trend Looking on the daily chart it is hard to identify the trend but when looking at the the weekly chart you can see it.