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Bearmarket

What Goes Down Must Come Up - Navigating Bitcoin's CorrectionDuring an uptrend, we have this saying - what comes up, must come down. The similar notion can be said during a downtrend, but in an opposite direction - what comes down, must come up. Following this series of downtrend within the Cryptomarket, we can actually maximize the intra-cycle volatility which we see within the smaller timeframes. In this chart, we used a common indicator and strategy which everyone uses and applies with their own trading strategy. But in this chart, we combined the following strategies to come up with a way of navigating the downtrend: Relative Strength Index (RSI) Bullish Divergences Support and Resistances - During a downtrend, there will be a point in time wherein the price gets oversold in the RSI. - The moment wherein the price starts declining but the RSI has started increasing, that poses a signal wherein a bullish retracement is bound to happen. - Entry points will vary depending on different support levels, as much as possible, set a stop loss for 5-10% in order to secure your capital. - As for Exit strategy, the suggested take profit areas are determined by the resistance areas forming. - Previous support will now act as a resistance, hence the resistance areas are a good levels for exiting a trade (either fully or partially). - Once you've exited a trade, you now wait for the next indicators to form, especially if you see a downtrend continuation. In that case, you now wait for the next bullish indicators to form. In this example, the Bitcoin downtrend which started late November 2021 has been forming multiple instances of a bullish retracements using bullish divergences and resistance areas. While you are shorting within the bigger timeframe, it is still possible to long every bullish retracement opportunities that you can find in the smaller timeframes. To summarize: - During a downtrend: being bearish in the bigger timeframe doesn't mean you have to be always bearish in the smaller timeframe; - And during an uptrend: being bullish in the bigger timeframe doesn't mean you have be always bullish in the smaller timeframe.
BITSTAMP:BTCUSDLong
by baltristangabriel
1
Watching for clear direction but I feel its bear season til 2024We did stop at the LONG term trend line. If it goes up from here would be EPIC. Possibly heading to 110K for the blow off top. However I think we will drop to 28k for long term bear accumulation until next halving march 2024. Another possibility is that the crypto market is taking on a stocks like growth thus not allowing much of a further drop unless big investors sell. Time will tell but I feel much larger adoption into crypto investing is happening & more are hodling so it means deep drops will be less deep. I have staked most of my ALTS so I will gain a percentage of growth over a possible bear season ready for the next exciting bull run. GOOD LUCK ALL
BITSTAMP:BTCUSD
by TheAussieBogan
4
BTC, 7 Jan. A Tale of Two Bear Markets.These charts compare the two bear markets of Jun/Jul 21 and Dec/Jan 22. Both bear markets coincide with a lunar and solar eclipse (arrows). The 2021 bear market lasted roughly 3 times 30 days. The midpoint between the eclipses was also the midpoint of the bear market. Liftoff occurred 47 days afterwards. In both cases we see a capitulation candle and a range afterwards. In 2021 price bounced off the channel median and then off the upper boundary before the rally. Although the similarities are striking, we can’t derive a specific prediction from it, except the observation that eclipses appear to have a negative effect on the crypto market. The next solar eclipse is on 30 Apr, and the lunar eclipse on 18 May.
INDEX:BTCUSD
by UnknownUnicorn12250317
1
Will We Close 50 Week Moving Average?Hi everyone, Thank you for considering reading my idea. In the past cycles, whenever we close below at 50 Week Moving Average (orange line), we tend to dump down to the 200 Week Moving Average (green line). It seems like closing below 50 week MA indicates the start of the bear market except of course back in March 2020 which is the COVID black swan event. We still have less than 3 days as of this posting to close the weekly candle above $48.4K. If close below that, we may bounce in the 200 week MA that is currently at $18.9K (which will go up in the next few weeks) Like this idea and follow me for more analysis like this. NFA. TAYOR. DYOR. Cheers, Juvs
BITSTAMP:BTCUSDShort
by Juvssss
1
BTCUSDTWill be bull cycle longer? Last bull cycle was nearly 1Y longer then before. If we talking about supercycle now - can we expect longer cycle again? Or our top was hitted already? We´ll see what happen in 2022 :-) Where is true? Nobody know !!! That´s a reason why you have to always use SL for your daily trades. There is no discussion possible. Always use SL. If you invest your money for years... you should take profit on the highs of long term trends. Simply but safe. So I wish you in 2022 - no lose your money. Investing or trading it´s not sprint. It´s marathon. You can be lucky with high leverages. But the winner is know always after years. Thing about it. LBL_CZ
BITSTAMP:BTCUSD
by LbL_CZ