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Beraish

FB - Meta Is Showing What Is About To Come In The Stock MarketIn case you've been living under the rock, on 3rd of Feb. at the market close FB has fallen instantaniously for 20% and is since then continued to drop. I am not gonna focus on the news even though they did play a role here. Something had to happen somewhere between those large market cap stock and it looks like FB is leading the crash. Just so you know i don't believe the entire stock market is bearish yet, just some of the large market caps as this is where long term investors start to take profits first or rotate the money into still undervalued stocks like F (ford) or PTON for example, that haven't had their true bull run yet. Trying to count elliott waves i think we are close to the bottom which should come somewhere in the upper middle of the 2017-2020 trading range ($180-210). After that a expect typical ABC retracement of some sort back to the 70% of the initial fall to $320 price area (.702 fib. retr. lvl.) before continuing the bearish journey. I am not a financial advisor so non of this should be taken as a financial advise. Be well. NASDAQ:FB
NASDAQ:META
by AVA37
5
ETH Bullish And Bearish Scenario - ETH In The Gray Area Eth is at really hard place right now. As with BTC its market cap chart has already extended aver all major fibonacci extension levels (will show the chart later in the update of this idea). While i am confident that BTC has entered a bear market, i am a little less with ETH. Imo there are two scenarios for eth, one is bullish , the other one is bearish . Whatever scenario first happens i think in both the price will likely pump a bit to retest a previous capitulation point (blue area). After that we should fall with BTC . If ETH is able to find support in the yellow area we should be able to eventually set a new ath , but not go above 6k as eth is very overvalued as it is with BTC . If we don't hold and fall in to the orange area or even set a new low, you can be quite shore that also eth has entered a bear market and the money will flow from BTC and eth into the rest of the alts as they are going into a ABC retracement. Again with BTC a am shore we are done, but not so much with eth as we need more information of the price in the near future. BINANCE:ETHUSDT
by AVA37
2
XAGUSD Down ward expectation!Base on the chart, price reached a major resistance area and a strong rejection have happened on 3rd of June and now the market reattempt to get its previous price but it failed which can be good sign of weakness on buyers at this area and on the other side, it can show the strength of sellers at this area. So based on this scenario I prefer to be seller at this area with a good risk reward ratio about 1:4 which means low amount of risk and good potentiality of profit. Note: As always please take risk management rules into consideration before opening any position on the market. Good Luck!
FOREXCOM:XAGUSDShort
by Brian_Philips
Bitcoin Multi-Year Bear Market Visualization This is a clear visual idea of a next bitcoin bear market. My current philosophy is so many people know about bitcoin it will take years for many to become uninterested and dump their bags. Bullish action expected because bitcoin is still developing from a recent bullish uptrend. Now this bearish action we seen is just blinding. Many Crypto investors seen action happen so quick they have short attention spans when bearish moves happen, "expecting lambos." Do not be surprised after years pass that bitcoin reaches a bottom of around $2,000. Every uptrend can be rejected and brought down. Just cause we go up will not call a bull market. Truth is a bear market starts when the candles are below the 50 & 200 MA and bouncing with rejections, "Bearish action." A bull market starts when breaking without rejection from moving averages 200 MA specifically. When bouncing of f 200 MA I consider that true bull market confirmations Currently we have been rejecting the 200 MA often and sent back down with bearish momentum in the works with this down trend. "Even if we break above and bounce if we break below again it will strengthen the bearish movement." Lets say 2024 Bitcoin is at $3,000 low volume sideways and 200 MA been flat for some time and then bullish momentum starts. Be ready for the lambos then. DR. FOMO
BITFINEX:BTCUSD
by SavvyEvelynCharts