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Bearmarket

Head & shoulders pattern - Not a bullish outlook! - BTCHere's a quick look at the 4 hr. BTC chart. As we can see, the price har recently printed a Head & shoulder pattern. The head and shoulder pattern Is a bearish chart pattern which has a high probability of breaking lower! If the price breaks below the neckline, the price will probably end up in the support zone or even lower if the price doesn't hold the support zone. If you're in a Long trade, then a break below the neckline should be your exit/sell. ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Short
by MBM_Crypto
19
KDA price targets for 2022I have another chart for KDA with a cleaner price action moving into the middle of December 2022. I have two price targets which are $0.46 at the 1.68 Fibonacci line and one at $0.59 which is another Fibonacci line. From the previous top, we had a 43% drop in price, and taking the same percentage drop into this recent possible high would bring us down to the 1.68 Fibonacci line. The second drop is so near to the 1.68 that I decided to use this as the stronger price target if we go lower. If Bitcoin does reach a $9500 price target then we could see this crazy low for KDA of $0.46. I also used a measured move on the previous high-to-low shown with the two yellow lines dropping down into the descending channel.
Short
by altcoinb
S&P 500, Daily, 2008 Analogy - before the worst?I have been considering the 2008 analogy for some time. I tried to find an important price resistance and I found it. In 2008, the worst drops started at 1313 and it was a fibo retracement of about 47,5%. Today, a similarly important level, in my opinion, is the retracement of 3939, which is also about 47,5% fibo. Of course, I don't expect a perfect rebound of the price from that point, as it was with 1313 in 2008. It is also important to look at the VIX index (related idea linked) and the lower time frame structure (by the analogy, there should be no big drops, but confirmation in the medium and short-term structure - 1H/15m). If the swing low is broken, I will be looking at the momentum in order to predict the bottom. Personally, I think the March 2020 low will be broken. In 2008, we also had a break of the bear market low after the dotcom bubble. Of such fundamental matters that indicate the further course of the bear market, I can include, for example: - inverted yield curves , - a huge divergence between T10Y2Y and T10Y3M before the curve is inverted, - a divergence between Real and Nominal Disposable Personal Income (Nominal is rising, Real is in decline), - a divergence between Advance Retail Sales: Retail Trade (is rising) and Advance Real Retail and Food Services Sales (in decline) since March 2021, - the recessionary PMI. And that is all I wanted to convey to you. Not investment advice, only my own opinion.
SP:SPXShort
by MichaelFX_ICT
4
IS THE RALLY FINALLY OVER?SPY We had two scenarios yesterday during our stream 1.) Preferred scenario would be for the spy to pullback down to 400-398 or trendline and hold for the rally to continue to the upside. So a pullback or consolidation around this level is healthy. Just remember its December, I always look forward to the Santa Rally if you've been in the market more than a year or two you know what that means. 2.) If SPY Pulls back and breaks this trendline and strong support, FEAR / FOMO / SQUIZZLE can happen and the bear market continues. We don't know exactly whats gonna happen in the market but we just ride the wave and make mullah along the way 🙂 Have a blessed weekend ahead and trade smarter!
AMEX:SPY
by rjhay22
The bear market is NOT over..final drop needs to happenLet me make this clear.. buyers y’all need to relax.. we aren’t too bullish quite yet this is nothing but a short buy to me is nothing but short. The short term rally cause from the Feds powell 75 BSP to 50 BSP.. it was great news but we are still in a bear market.. so this is NOT enough since still the Feds are going for another interest rates. Overall bitcoin are still in a bear market and we aren’t bottom yet.. the retrace is complete, final drop needs to happen or last. According to crypto veterans and experts.. they expect the bitcoin bottom 12K area, other few said most 10K expect a few said 6500 area.. According for bitcoin to go monster full bullish we have to bottom of any of those 3 areas of which support are alot stronger. If you are still in a buy please becareful .. the bear market isn’t over. Remember stick with small amounts .. don’t go all in until the bottom is in.
BITSTAMP:BTCUSD
by JoyBoyVegae
Is this rally a bear trap or a resuming bull? This is what we will be discussing today, and we are going to study both its technical and fundamental reasons and subsequently to derive why it is a bear trap? Or could it be a new bull in the making? I hope this tutorial will be helpful, in enabling you to read into the market with greater clarity. I have started a trading series, purpose for trading into longevity. Last week was on Buy Strategy, today on Sell Strategy. These strategies shared, they all can be applied to most markets and in different time frames. Content: a) The sell strategy – applicable to both: · Long-term – Fundamental & Technical · Short-term – Fundamental & Technical b) Bull or Bear? Some important dates: 14 Dec 21 - Fed: "Inflation no longer transitory" 10 Nov 22 – Oct CPI @ 7.7%, below expectation of 8.2% Micro E-mini Dow Jones Futures Minimum fluctuation 1 index point = $0.50 10 = $5 100 = $50 Of course if you need something more sizable, there is the E-mini Dow Jones Futures. You can refer to the links below, you will find some of my past video tutorials, on how I time the different markets. As time passes, you will see how nicely most markets trend along our analysis then. Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
Editors' picks
CBOT_MINI:MYM1!Short
by konhow
9
Final bear market rally for 2022, SPX to 4300 by year end?Seeing some matching patterns here to put this together. Up: 1) Going higher than 200 DMA will give bulls hope 2) 50% retrace from bottom lets people think we have finished this bear market 3) Now 80% odds for 50bps 4) Roughly 60 days would be in line + 20% return 5) Favoured seasonality for a Christmas rally Then down: 6) Everyone forgot about the Strategic Petroleum Reserve (now lowest since 1984!), energy issues in Europe (Russia will mess with gas again) 7) 50bps I think is unlikely so we will see 75bps. FOMC is Dec 13-14, so I will target there 8) We're still in a bear market and volume will top out for another downward move 9) Cramer + Tom Lee will call for 5100 at the top --- Related: - Bear market investment strategies book: amzn.to - 20%+ rally would be in line with the past: www.fidelity.com - Bear market rallies: www.forbes.com - Strategic Petroleum reserves: www.eia.gov - Energy in Europe: graphics.reuters.com --- Daily returns Plan for 2020-2030
CME_MINI:ES1!Long
by illyism
MATIC - Will the price see a bounce?Here's a quick look at the Matic daily chart . As we can see, the price is currently oscillating within the bigger rising channel and is approaching the bottom. If the price bounces from the bottom of the rising channel , we may see a 50% rise to the top of the channel! But if the price breaks below the channel and doesn't manage to hold the support zone , then we may get down to 0.4$ or even lower! It all depends on the movement of BTC - If BTC goes south then MATIC is very likely to follow. ------------------------------------------- What are triangles when it comes to trading? Key points: "1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape. 2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure. 3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
M
by MBM_Crypto
2
Bitcoin bull market 2021The main support and resistance levels of Bitcoin during 2021 mapped out. Our top for 2021 is in at 69K, the question remains what we could expect for 2022. In my opinion we could expect more downside unless we break resistance and close 2 consecutive weeks above the bull market support band (now at 52,5K). Like I said in my last idea, we have been in a mark up phase for 3 years now, starting in December 2018 which ran all the way to November 2021. Every mark up phase is followed by a mark down phase and we already extended 6 more months compared to the 2017 cycle. Given 99% of retail did not take profits because "this time it's different" - I do expect a capitulation during 2022 - although price does not necessarily have to stay below the current resistance trendline. A relief rally will come, whether in January after a further correction in the coming weeks or vice versa. All in all, I think 2022 will be a tough year for the bulls. I look forward to how price action will develop over the holidays and Q1 2022 and I expect opportunities between Q2 and Q4 2022 for those who have buying power. IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
BITSTAMP:BTCUSDShort
by cryptobullethbtcxlm
15
Target - Corporate earnings season resemblant of the bear marketYesterday, Target announced its earnings for the third quarter of 2022. The report outlined softening sales and profit trends with downgraded guidance going forward. Total revenue and cost of sales increased year over year, while net earnings and EPS fell dramatically for that same period. Subsequently, shares of Target fell more than 13% in the pre-market trading. Target is yet another company that fulfills our prediction about a weak corporate earnings season and progression into the second phase of the bear market. We expect this trend to worsen in the next earning season and further enforce our thesis. Total revenue = $26.518 billion (+3.4% YoY) Cost of sales = $19.680 billion (+8.1% YoY) GAAP Earnings per share = $1.54 (-49.3% YoY) Operating income = $1.022 billion (-49.2% YoY) Net earnings = $712 million (-52.1% YoY) Illustration 1.01 The image above shows the daily chart of Target. Yellow arrows indicate previous earnings reports and subsequent price action. Technical analysis - daily time frame RSI and Stochastic reversed to the downside. MACD flattens, and if it breaks below 0 points, it will bolster the bearish case. DM+ and DM- performed a bearish crossover. Overall, the daily time frame is bearish. Technical analysis - weekly time frame RSI, MACD, and Stochastic show signs of exhaustion. DM+ and DM- are bullish. Overall, the weekly time frame is bearish. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
NYSE:TGTShort
by Tradersweekly
6
$BTCUSD: Monthly view...Friendly reminder that the trend is down long term...Here's how the monthly chart looks in $BTCUSD as of right now. Unless this month's range is wiped out, you can expect continued downside for months to come with substantial certainty. Don't fight the trend, remember what Old Turkey would say: well, it's a bear market after all. So much filth is gradually being exposed, and a lot more dominoes will fall into place if we continue falling: Miner capitulation: no sign of abating, will accelerate below 14200 (see all earning reports for publicly traded mining firms, all at risk due to being leveraged long $BTCUSD with $BTCUSD / ASIC collateral pretty much. Tough time to service debt with higher rates, and less availability of credit. (rising credit spreads) They might be forced to puke out of their Bitcoin positions at whatever price... Saylor at risk below 13500: $MSTR might be at risk of collapsing the lower we go, which charts suggest we will, can cause a flood of supply hitting the market, same as miners selling or worse. Mt Gox repaying creditors? Contgion is the name of the game: 3AC, Terra, FTX, BlockFi, Genesis... Silvergate next? Tons of bad credit and leverage built into the system are gradually being unwind, nowhere near done. Regulatory risk increasing by the hour. Stablecoins at risk as well...Talk of CBDCs accelerating, which might or might not matter much, but worth monitoring. What am I missing? Feel free to comment with interesting bits and pieces of info so that we can complete the puzzle here. It's in flux but the trend is clearly not positive for crypto here. Best of luck! Ivan Labrie.
COINBASE:BTCUSDShort
by IvanLabrie
10