Bearish Patterns
TSLA CHART ART BECAUSE IF YOU DON'T CELLE EARLY THEN WHY GO BIG?I'm honestly so bullish on trends for DOGE and TSLA and spaceX, which has seemingly allowed amazon to stabilize in a way that I could even see use with APPLE, AMD, even MSFT.
Free X with purchase of a DOGE? haha
don't count out AR and MOOOVIES
or marbles, I mean marballs or ya know super stuff.
Say I'm not consistent with DOGE coin and TSLA and I'll call bullshit any day of the week, bet on that.
I do literally vow that a doge will keep the markets free fair and X rated for FREE speech, and then charge the F out of those that can pay. Like logically thinking if DOGE was a high price and say, another assets class like BTC or ETH, was crashing to a low, ya know, sell your DOGE coin for 420 and maybe even higher like $12000. Advertising is cheap compared to that, DM warren Buffet and ask how much money coke spends on advertising, I think cola X could maybe genetically modify sugar for taste but safety given such a huge discount on advertising, there is a lot of money to drop into education and rail and shipping and so many more.
the future is AMAZING X in a big forest of DOGE.
If say Cola and other companies bought DOGE for 12k per coin, could the price go higher? 42,069. Zero because a good idea is a good idea even if you have no idea who a person is but believe in an outcome that seems inevitable, likely, ironic and literal?
OH MAN if DOGE WENT THAT HIGH and big companies bought the dip and you sold at a really high price, you maybe could ask, should I look at other coins like BTC and ETH that project bearish all the sudden, or maybe you like time in over timing a market and you say, DOGE is long term. Bumpy, maybe at times, but lasting. Like millions of years maybe. Time works slightly different in space. Send a coin up to space like 5 years ago and it could return 12 years later having seen "X" years pass on, like does that count as time travel? What even is time travel but letting an investment grow in space for a long time when maybe only a short time passes on earth or do I reverse that thought. Oh well, I'm just a dumb insect creature named crazy guy 42069 twitterdogeX and believe that if the charts say it's possible, it can all the sudden be possible.
I wish for exactly what I deserve. The best wish.
I fee from fines, in the words or Mark, fuck it.
You should know what I know, which is nothing other than a long term opinion, and an objective look at why doesn't someone get in more trouble for saying things on TWitter about DOGE price and Tsla price and taking a company private. Like are they giving you a 5 year warning of intention saying that if you think critically and occasionally call a short sell dumb, and seeing that price isn't out of reality at 420.69 for either asset.
Doge obviously more explosive, and rightfully so, EVEN Bezos probably likes Dogs, and value can definitely be there with Amazon, and continue to fund projects like massive clocks and space venture, space is so big you can have multiple companies do things in different directions.
Russia and Venus seems worth exploring and SpaceX is going to mars, and China like the moon, Blue origin maybe takes us to pluto with your long term thinking. Bet you can't get there before Elon colonizes a new planet, call it MarsX. Idk X is a letter that could just attach so many places and fit microtransactions that aren't stupidly overpriced or just ya know buy low sell high if that is your thing.
Me, I'm thinking I like DOGE coin so much, might see what else it can be used for once it rolls out.
You can view a lot of my doge tinfoil hat stuff right here on tradingview where it all has been just sitting waiting for a curious person to ask questions.
BITCOIN SHORT FROM RESISTANCE
Hello, Friends!
BITCOIN uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 65,591 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the BITCOIN pair.
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Bearish Technical and news XAUUSD For next week, XAU/USD (gold) is projected to remain in a consolidation phase around the $2730-$2760 range as it encounters both support from safe-haven demand and resistance from potential profit-taking. Market factors like Federal Reserve rate expectations and geopolitical tensions in the Middle East may sustain demand for gold, with bullish sentiment intact if these factors persist. On the technical side, key support sits near $2710, while resistance appears around $2780, suggesting some potential for upward movement if the dollar weakens or global uncertainties intensify.
Analysts also suggest paying attention to U.S. economic data releases next week, particularly any Federal Reserve statements, which could influence investor sentiment towards safe-haven assets like gold. If data suggests slowing economic momentum, gold might break higher; conversely, strong U.S. data could limit gains or prompt slight retracements in XAU/USD .
USD/CHF BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
USD/CHF pair is in the downtrend because previous week’s candle is red, while the price is clearly rising on the 4H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.863 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.
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GBPJPY Is Nearing Strong Resistance ZoneGBPJPY has been in a strong bullish phase, but five-wave bullish cycle within wave (5) up from 2022 swing lows can be completed after recent strong reversal down back below channel support lines. In fact, drop from the high is impulsive on a smaller time frame, so it’s wave A that stabilized near 178 support area as expected. As such, current rise is corrective, ideally B wave that can be still in progress as a bigger correction before a continuation lower for wave C. Ideal resistance is at that channel line, from the outside, around 198 – 200 area.
GBPJPY is looking for a higher resistance within wave C of (B) in the 4-hour chart, as it can be now breaking out of subwave »iv« triangle into subwave »v« of C, so keep an eye on next strong 198 – 200 resistance zone, from where bears for a higher degree wave (C) may show up.
Price Movement Insights: Reversal or Continuation?4H Chart
Current Price: 148.656
Reason for Bearish Reversal:
• Ascending Broadening Wedge (Bearish Reversal Pattern)
• RSI in Oversold Territory (Potential Correction)
Bearish Reversal Price Targets:
• 1st TP: 146.875
• 2nd TP: 143.750
• 3rd TP: 139.557
Conversely (Bullish Targets):
• 1st TP: 150.000 (Psychological Level)
• 2nd TP: 151.563
• 3rd TP: 153.125
Wishing you successful trades!
USOIL SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
We are now examining the USOIL pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 67.89 level.
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GBP/USD BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
Bearish trend on GBP/USD, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 1.293.
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NZDUSD Potential DownsidesHey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.60400 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.60400 support and resistance area.
Trade safe, Joe.
USDT Dominance Bearish Pattern: What’s Next for BTC and AltcoinsHey everyone!
If you’re finding value in this analysis, don’t forget to hit that 👍 and follow for more updates!
USDT dominance is a key indicator of market sentiment and liquidity flow between stablecoins like USDT and more volatile crypto assets like Bitcoin and altcoins.
How USDT Dominance Impacts BTC and Altcoins:
📈 USDT Dominance Rising: This usually signals fear or uncertainty in the market, acting as a bearish sign for BTC and altcoins.
📉 USDT Dominance Falling: Indicates growing confidence, often leading to a rally in BTC and altcoins.
Current Market Analysis:
As shown in the chart, USDT dominance is forming a bearish flag on the daily time frame, which has already broken downward. It's now in the retest phase. Once this retest is confirmed, we can expect a significant drop in USDT dominance, likely triggering a strong pump in BTC and altcoins.
In my opinion, this could be the last good opportunity to accumulate BTC and promising altcoins before the next market rally.
What are your thoughts on this bearish pattern in USDT Dominance? Share your views in the comments below!
McDonald's (MCD): New setback after quarter pounder incidentOne month ago, we predicted McDonald’s would push into the 127.2%-138% range at max, and now the stock is reacting precisely as we expected. Pre-market trading shows a 6% drop following the news from Tuesday.
The Centers for Disease Control and Prevention (CDC) has reported one fatality and ten hospitalizations linked to McDonald's Quarter Pounder burgers, resulting in the fast-food chain pulling the item from several menus. This incident has brought McDonald's stock back into its previous range, signaling that this wave (B) should mark the local top for now.
If we are correct, we expect to see a 5-wave structure downward from here. While there could be a brief relief pump, we anticipate the stock falling below the wave (A) level of $243. We are patiently monitoring the situation, and if a favorable short setup presents itself, we will share the entry details. For now, we are watching how the news unfolds and waiting on the sidelines.
GOLD SHORT FROM RESISTANCE
Hello, Friends!
GOLD pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 8H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 2,682.745 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
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CAD/JPY SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
We are targeting the 104.334 level area with our short trade on CAD/JPY which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option.
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AUD/JPY BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
AUD/JPY is making a bullish rebound on the 1D TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 96.684 level.
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EURUSD Is Trading Under The Pressure Of A Strong DollarHey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.08600 zone, EURUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.08600 support and resistance area.
Trade safe, Joe.
EURGBP Potential DownsidesHey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.83500 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.83500 support and resistance area.
Trade safe, Joe.