Warning ! Big moove ahead (Parabolic run to ATH or DOOM)Hello everyone
today I would love to try warn all of you because something big is coming as we have huge bearish divergence forming in overbought area as well as parabolic run with some media attention (Not only thanks to Libra - Facebook) happening
This is danger zone where speculation,fomo and traps happends and take over people emotions so be curious and wise.
Wait for good opportunities and be patient to increase winning rate.
This is possible SELL range warning as bearish divergence extended longer since last call and look how market reacted last time in the red box
Keep in mind. This might not be TOP and this run can lead to ATH and cross 20K within a month ( In case we do not brake the blue parabolic line )
** This is not a financial advice but unbiased view on market situation. Trade on your own risk and only amount which you can afford to loose **
Beardivergence
Is Bitcoin local TOP in ? (Looks like reversal is comming)It´s a while since I´ve called a bottom and reversal based on
RSI bull divergence in undersold area with falling wedge pattern as seen on chart bellow
Now we have exactly opposite conditions which means
Bearish divergence in overbought area and rising wedge.
Can Bitcoin sustain further grow now ? I don´t think so ! Correction imminent in my eyes !
But remember this is not a financial advice
This is only my opinion, which I create with amount of skill & research. If you trade based of the opinions and TAs of others, you are putting your investments at risk. So, PLEASE do yourself a favor learn from the TAs of others, but only trade based on YOUR OWN RESEARCH & SKILL !!
If you don't, you deserve to lose every penny you put into the market.
AAPL - Short it for 6 monthsMacro factors: The FED's QT is starting to have an effect on the risk assets. The short answer is why be overweight in high risk assets when extremely low risk assets are becoming more appealing by the day. Money will continue to flow out of equities and into Treasuries for the foreseeable future. If it leads to a serious correction or crash the FED will of course back off the gas pedal. All the big pensions and funds are overweight equities because of QE, zero rates, and corporate tax cuts which were converted into stock buybacks. The market is overdue for a hangover. The market cycle is ending. Recession is less than 18 months away.
AAPL Catalysts: Fundamentally the growth rate has changed. Obfuscating the sales numbers on their last earnings call is a huge warning sign for the future growth of this company. Smart money is reducing their position in AAPL for at least the next 6-12 months. FOXCONN has been alerted to reduce iphone productions 25%+ going into 2019. AAPL has up till now performed extremely well with high growth rates and stock buybacks that have levitated the stock but the party is over. Expect AAPL to pull back hard over the coming weeks and months. My target for AAPL is $130 back to the 2009 trend-line.
TA: Like the market at large AAPL has formed large bearish divergences on monthly charts and is overbought on longer timeframes. This plus the macro factors and the growth rate of the company slowing is going to lead to quite the correction for this equity and the equity markets in general.
ETHUSD - 1H - Bearish Divergence being exhibitedETH is showing signs of bearish divergence on the 1H chart and seeing that it has moved up substantially over the past 24 hours some might want to start looking at taking profits.
Wouldn't necessarily be the most ideal spot to short at this point but just something to keep an eye on over the next few hours.