Get started

Bearmarket

Reliance's Impending Bear Implosion.Crude Oil Issues, Supply Constraints, Rate hikes by Banks, Rampant Inflation, And Sanctions. These are just some of the factors which one has to consider while taking a Swing Trade or even Invest in today's market. The War may have triggered food inflation and Oil issues but the problem IS, Was, and always has been the 'Easy Money' philosophy of the United States "Fed" by way of Quantitative Easing, which in layman's terms means rampant printing of the Dollar. Here without going into a Rant I'd just like to Explain a basic Economics Rule- The law of supply and demand explains the interaction between the sellers of a resource and the buyers for that resource. The theory defines the relationship between the price of a given good or product and the willingness of people to either buy or sell it. Generally, as price increases, people are willing to supply more and demand less and vice versa when the price falls. Now how does this Rule govern the market? Basically as price increases so does the supply, and the more supply there is, the lesser the price (or downward pressure). 2008 crash saw declines of 30-50% in the value of the stocks of Blue chip companies. Were they bad businesses? No. Did their businesses started Failing or Fell 50% ? No. The economic policy behind the growth had imploded. Oftentimes what happens is, Good Politics is Bad Economics And such is the nature of markets. They rise and they fall so that new buyers can come in. Fresher Money draws in with new investors. And Bull Market fanatics get weeded out, by the grandeur and false prophecies of numbers just going one way. "In Bear markets shares Return to their Rightful Owners." Here lies the opportunity, if you are an investor and have made money in the bull market Congrats, but even the blind can do that. Real Market starts now. As a point, I'd like to mention that Rallies in Bear runs are gonna be the new normal now with stocks giving even more range and fooling people into Buying. "Dead Cat Bounces are the most epic. 12 of the top 20 Nasdaq 1-day Rallies happened during the 78% drop from 2000's top. 9 of the top 20 S&P 500 1-day rallies Happened During the 86% drop from the 1929 top. Trying to predict and find the bottom would also be a fool's Errand as any low can easily be broken if the sentiment prevails. So folks, buckle up, It's gonna be a hell of a ride!
NSE:RELIANCE
by Sarcastic_Sharma
What would be the next move of $BTC As per my understanding in the market, bears are turning down slowly... but it doesn't mean that bears don't control the market yet. Big shorters are closing their position in order to make an another good position in the upside. The momentum downside is gradually weakening, we might see an upward movement soon, maybe on weekdays for a week in order to make an relief pumps. But still, the over all trend is still bearish. We might recover until $32,000 Resistance level, for another leg down. I'm projecting this movement will touch the $13,000 - $15,000 support level. If we reach these bottoms we may experience a consolidation above this level. This is the best time to buy and accumulate spot bags before 2024 bull run. This is what they did last 2017 - 2020, and when the bull market appears. They kept on selling their bags to us, while we keep on buying their shits. FOMO Trade responsibly, trade with a plan.
by CryptoProfessor
BTC LONG VIEW CHARTThis chart is so simple but in the same time so good. In the last bear cycles: -When the price droped below the 150 WMA (Weekly Moving Average) (blue) and tested the 200WMA (yellow) we had a couple of months in consolidation between this 2 WMA; In this time of consolidation between the 2 WMA we also had an RSI indicator with oversold values (Order block on the RSI indicator); And on 2018 bear market we had a retrace to the 0,382 level of FIB retracement , precisely where we are right now. Curiosity As well on 2014 Bear market we have now a falling wedge pattern in formation (Bullis pattern). On 2014 the price broke down the support line of the falling wedge, Eventrough in the followng weeks the price came back to the falling wedge. Which is curiously the same thing that is happening ritght now, the price broke the falling wedge pattern and next i believe , given the market analysis above and the similarity with previous bear cycles we are close to a bottom and in a Exelent time/zone for accumulating Bitcoin
BNC:BLXLong
by AlexandreAmaro
BTCUSD Daily TA Cautiously BearishBTCUSD Daily cautiously bearish. Recommended ratio: 15% BTC, 85% Cash. *Markets seemed to like the Fed's decision to go with a 75 bp rate hike, but with the next PMI report arriving on June 23rd it's unclear how long this excitement will last. If PMI comes in higher than last month and by a larger percentage than the previous report, it would imply that inflation is still raging and markets will likely react negatively; if it comes in higher than last month but by a lesser percentage than the previous report, it will likely signal that inflation is slowing and markets may react negatively but perhaps more briefly than in the previous scenario; and if it somehow comes in lower than it did in May we may see a stronger rally to end the month. The next CPI report is due July 13th and the next FOMC meeting is July 26-27. Vlad the Not so Great is likely going to continue escalating the war in Ukraine, China's 'Zero-Covid' Policy may or may not come to a halt come Autumn when it is election time for the CCP, and the situation between China/Taiwan/Japan and the South and East China Sea is still a wildcard for the end of 2022. Lots to be vigilant about so stay safe.* Price is currently forming a Bull Flag bottom in effort to reclaim $24180 minor support and avoid formally testing $19417 support. Volume remains high and is currently on track to favor buyers if it can close this session in the green; buyers reacted positively to the FOMC decision to raise the Fed Funds Rate by 75 bps. Parabolic SAR flips bullish at $31150, this margin is mildly bullish at the moment. RSI is currently trending up at 25.60 support as it attempts to reclaim support at the uptrend line form 01/22/22. Stochastic remains bearish and is currently trending sideways at max bottom; though it can coast in the "bearish autobahn zone" for some time, a bullish crossover is likely pending. MACD remains bearish and is currently trending down at -2037; the next support (minor) is at -2497 and the next resistance -1435 (still very loosely can act as support with a bounce here). ADX is currently trending up at 32 as Price is attempting to find a bottom, this is mildly bearish. If Price is able to continue the move upward it will likely test $24180 minor resistance before potentially going higher to test the 50/50 uptrend line from August 2017 at $29k. However, if Price breaks down here then it will likely test $19417 support. Mental Stop Loss: (two consecutive closes above) $24180.
COINBASE:BTCUSD
by dailytaguy
Bitcoin - Bear market cheat sheetKeep it plain, simple and minimize the noise! On this chart I am showing you the timeframes of events that occurred in the previous bear market. Now, this chart will of course only make sense if we follow the same trend of the previous bear market of course, although I think its great to keep an eye on just in case we do! Important to ignore your favourite bullish influencers in these times, as in reality we still have a lot longer of a bear season to embrace. Bottoms take time to form, there is nothing bullish about Bitcoin and Crypto at the moment, due to the lack of volume and reaction, there is almost a 0% chance of a "V shaped recovery" like some clowns are mentioning. Keep an eye on the monthly MACD, as I have said previously we will not have any real bullish action if it is in red, if you refuse to believe - look back at the previous times it has crossed red.. If we get a fake pump into the 40-50k zone around the area marked on the chart, best to not FOMO into it if you missed it from the bottom - high chances it will be a bull trap, going off previous data. There are lots of external global economic factors to consider as well, as they will invalidate every single chart and idea, Crypto has never experienced a recession and my best bet is that it will not go well, due to being one of the most riskiest assets. So keep an eye on the global economy, global events and you will be on top of the market. Note: I have labelled current price as bottom and crab stage, although I do expect it to go lower: The reason I have done this is due to the massive volatility/price drops, with also the possibility based on another research piece I will post soon, that the crypto cycles are fluctuating in time (shorter bull, shorter bear). Stay safe everyone! Curious to see what everyone else's thoughts are, comment your ideas down below :)
INDEX:BTCUSD
by tradermoth
Chilliz Has a Junk Yard Magnet Wedge And is Ready For Bull!What's up trading view Family! What A Good Day to be Alive. Today we will be taking a look at CHILLIZ and how similar the market structure is to XLM (aka STR). Many people think we are headed into a bear market but I say we already had one! its exactly like the Altcoin bear market of 2017 (only a bit longer as the cycle grew) I also see Bitcoin and Ethereum have a lot of upside left before they see another bear market anywhere near the size of 2018, and this will carry many undervalued altcoins into a bullish market. Stay confident! Whales love buying blood in the streets. Stay profitable.
BITFINEX:CHZUSDLong
by High_Altitude_Investing
1
Fortune Favors the Brave - Fifth wave (Ponzi scheme)Fortune Favors the Brave - Yet another sign that a mania is mature. Hyperbole is a useful word to know. Meaning, “ exaggerated statements or claims not meant to be taken literally, ” an example would be something like, “ That cat is the size of an elephant!. ” Hyperbole is used when we want to emphasize a point, mainly because of our conviction and belief in the subject being stated, and when we are very excited . It’s no surprise, therefore, that hyperbolic language is found towards the end of manias. The most recent example came this week with this advert aired on U.S. television featuring the famous actor, Matt Damon. As he walks past historical figures of explorations and achievements such as climbing Mount Everest and the moon landings, the clip ends with an awe-inspiring view of planet earth and the strapline, “ fortune favors the brave. ” The product that is being advertised? Crypto.com , the online exchange for cryptocurrency trading. Comparing investing or trading in cryptocurrencies to such epic achievements of the human race is hyperbole . It’s the latest exhibit of unfettered speculation in the mania of crypto and fits perfectly with the tail end of a fifth wave . As the chart above shows, Bitcoin is labeled to be in the final fifth wave of its rally from inception . This chart shows it priced in Gold , but Bitcoin priced in U.S. dollars has a very similar structure. One clue which characterizes a fifth wave is that Primary degree wave ((5)) is shallower than wave ((3)), despite the much-increased manic behavior around the sector. Some people are stating that Bitcoin et al is a Ponzi scheme that will collapse ( one commentator states that it is much worse than a Ponzi scheme in fact ). We’ll leave that for others to decide. All we know is that when we see such a clear Elliott Wave structure, combined with such sentiment, the probability of a major top is high and growing. When Amazon shares crashed by 95% amidst the dot.com bust just over twenty years ago, the “ brave ” thing to do then was to buy. If, as we suspect, the crypto-mania suffers a similar shakeout , perhaps the brave thing to do will be to buy the leader that survives. But don’t expect any high-profile adverts about it. Ponzi scheme - Bitcoin Crash dot.com vs crypto.com F.E.A.R Today, there is the State Of Fear how can we "SEE". The Fear and uncertainty in the markets. However, this is typically seen with declining. How is fear seen?. My frailty as a human has shown itself a sign of it eating them like cancer. Often times you will encounter people who will cause you to doubt your own development. This can be due to seeing their false image stunts or ridiculous drivel about trading methods. See that you mind your own business always. Life has an uncanny ability to present distractions. Even when you didn't ask for their opinion. Why would someone who doesn't know what you are learning to be concerned with your development, to begin with? Keep the focus on your task... improving from where you were yesterday. You see the proof... you witness the evidence. Give no time to fools. Energy and time wasted on the unlearned who stay in doubt or envy is a terrible drain on your productivity as a student. I don't care who they are or what they say... I remain... and so shall you. Good Luck!
TVC:GOLDShort
by ferGOD
8
Bulls make money, bears make money, pigs get slaughtered.Remember, my goal is to stay in the game. The people who got wiped out by the crashes tended to be people who never took anything off the table, who never felt greedy, who got slaughtered by their own piggishness. Have you taken your profit? Have you booked anything? Or are you being a pig? Because you never know when things you own are going to crash. You never know when the market could be wiped out. You can't have certainty. At those times, you have only human nature to guide you. I would like to wish you all a Happy Xmas, and regardless of your religion, I wish you to spend moments of peace and happiness with your family and friends, it is time to celebrate life!
BNC:BLXShort
by ferGOD
8
BTC/USD Daily TA Cautiously BearishBTC/USD Daily cautiously bearish. *BTC has finally broken down below the 50/50 uptrend line from April 2017 and now risks falling to retest the official uptrend line from April 2017 (for the first time since October 2020) at $15k-$19k. All eyes are on the FOMC meeting this Wednesday when the Fed will decide whether to go through with another 50bp rate hike or be even more dovish and go for 75bp (or even 100bp) in attempt to slow down inflation. As unfortunate as it may be, cryptos and equities will continue to be hit the hardest (highest amount of speculation here) until the Fed is able to ring in inflation. If we end up with a hard landing (and recession), this will likely signify that the bottom is in for cryptos and equities and the next focus can be on how to revitalize growth.* Recommended ratio: 5% BTC, 95% Cash. Price broke down below the 50/50 uptrend line from April 2017 after testing it as support for 30 consecutive sessions and is now testing $24180 minor support (currently trending down at $23k). Volume is High in today's session marked by a 15% sell off; it's currently on track to favor sellers for seven consecutive sessions if it can close today in the red. Parabolic SAR flips bullish at the 50 MA (~$32k), this margin is mildly bullish. RSI is currently testing the uptrend line from 01/22/22 at 25.60 support. Stochastic remains bearish and is currently testing max bottom, where it can potentially coast in the "bearish autobahn zone" for a while. MACD crossed over bearish in today's session at -868 minor resistance, it is currently trending down at -1331 and fast approaching -1435 support. ADX is currently trending up at 27 as Price continues to fall, this is bearish. If Price is able to bounce here at $24180 minor support, it will likely trade sideways until it can test the 50/50 uptrend line from April 2017 as resistance at $29k or the descending trendline from November 2021 at $24k-$29k. However, if Price continues to break down here then it will likely test $19417 support for the first time since breaking out above it in December 2020. Mental Stop Loss: (two consecutive closes above) $24180.
COINBASE:BTCUSD
by dailytaguy