GBPUSD SHORT - From Market Maker Zones (3nd Week of November)Hello,
Our previous trading idea hit all the targets!
GU (also EU) now in potential reverse zone, in order to confirm that we need to close a DAY above Balance.
But since we are still in BEARISH mood, we will try to take shorts :)
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Always look for reactions on this levels before you execute the trade
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Beyondtechnicalanalysis
EURUSD SHORT - From Market Maker Zones (3nd Week of November)Hello,
Our previous trading idea hit all the targets!
EU (also GU) now in potential reverse zone, in order to confirm that we need to close a DAY above Balance.
But since we are still in BEARISH mood, we will try to take shorts :)
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Always look for reactions on this levels before you execute the trade
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SAITAMA TOKEN - Big day comingSAITAMA INU (SAITAMA) hit my radar with the sizable volume. I looked into it and it seems Nov 13 is when the crypto is launching its SaitaMask.
saitamatoken.com
What are your opinions on this? Comment below, hit the like and follow me. Thank you!
Check out more below for recent Altcoin, Bitcoin and Stock Ideas.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
Update on the market crash Duursma, Yuri.
summary of the potential market crash 2021-2022 analysis + why
•Short↘️🔻(waiting for the right time)
written on: 20:26 Thursday, October 28, 2021 (updated on Wednesday November 10th)
Central European Time (CET)
S&P 500 Index (and the entire market with it)
We broke out of a rising wedge a couple of
weeks ago. On the 3rd of November, we broke back into the wedge. 2 days later on the 5th, we hit the top of the wedge, following with a rejection to the downside. so we are probably heading towards the bottom of the wedge. The rising wedge closes on $4880. And since there is an extremely high probability that a wedge breaks out towards the downside, the price will drop to arround $4150. However, I think that this event will cause the markets to panic because there are a lot of other factors that are causing problems in the markets.
•Almost every
indicator suggests that we are overvalued in the long term.
94% correlation between the Nasdaq 100 in the 15 years to today, and the 15 years to 2000. The S&P500 shows a 95% correlation. We all know what happened during 2000s, the markets collapsed.
shiller PE ratio is at 40.14 on the day of writing this. The mean is at 16.88 and the median is at 15.86.
40.14/16.88*100≈ 238%
238-100= 138%
This means that we are 138% overvalued.
•The warren buffet indicator is telling us that we are strongly overvalued. The indicator sits at 218%. The exponential trendline
suggests that a Market Value to
GDP ratio of 120% to be
fairly valued.
•long term trendline warren buffet indicator:
We are 71% higher then the long-term trend line.
•We printed a ton of money during the
COVID-19 period. When we had the 2020
march crash, the stock market recovered
insanely fast, even when the economy was
falling. The recovery happened because we
printed so much money to support the
company's (not because the businesses were
performing great). -->
•The markets are not based on fundamentals anymore: 1 million+ people dead due to covid? No problem, the market goes up by 30%.
Millions of people getting unemployed in the
US and the rest of the world? Not a problem,
the market goes up by another 30%. Businesses declaring bankruptcy? It didn't matter. we just kept on going up. Almost
every business was experiencing massive
losses while their stock price was
skyrocketing.
•The inflation of the USD is at its highest point since the 90s (also higher then in 2008) (5.4% at the moment). And normally the inflation grows slowly, but this year in particular the inflation has grown with a rapid rate.
•evergrande is already starting to miss their
payments. They have missed 3 payments so far. The rule is that you get a 30 day period to pay the bills of the missed coupons, when you don't pay back the bills within 30 days, a company defaults. When evergrande defaults, the everything bubble could definitely burst.A gigantic flash sell will happen when Evergrande defaults that can have great consequences for all economy's. But wait, its not only evergrande. its almost every Chinese property company that has massive amounts of debt. No one is talking about that. Debt *always* has to be payed back.
•Evergrande still has to pay 305 billion USD.
They haven't even paid of 1% of their debt.
So who are the biggest bagholders of the
$305B in bad bonds? -->
There are several American and Canadian
banks that Evergrande ows money to:
First we've got the Royale Bank of Canada
which has $46B in evergrande bonds with a
market cap of $144B.
If you were wondering why there was that
weird after hours - the stock dropped 64%
during AH in one day, but then they fixed the
"glitch" and the price went back up.
RBC looked worthless and this was just the
real view of the bank's financial state when
the bonds hit zero.
•A lot of people think that China will help evergrande but most of the bagholders are in the US or Canada so why would China help them?
•canadian tv reminding people that bank
deposits are ensured. (The Royale Bank of Canada made this advertisement as well).
•billionaire investors have a lot of cash on
their hands.
•Michael Burry and a ton of other famous investors predict that the markets will collapse. Warren Buffett has stopped buying new shares.
•palantir warns people of a black swan event.
•energy crisis in China and Europe. A lot of factory's in China are shutting down or slowing down because they have no power.
•reverse repo has never been this high. $1.377,197 billion usd (that is more then a trillion!!!). The Fed's reverse repo facility allows big institutions - mostly big banks and money-market mutual funds - to buy securities from the Fed with an agreement to sell them back to the central bank for a specified price at a specific time.
•fibonacci extension tells us that $4939.75 could be the end.
•historic records amount of margin:
When everyone is using a lot of margin in the markets, things can change very quickly for the worse, because their positions can get liquidated. If people with leveraged long-positions starts to get liquidated, more people start to get liquidated since the price has gone down even more. etc. etc. etc. (until the market has fully crashed). Not only that, retail investors are going to panic sell in such an event. the only thing that needs to happen for a trend reversal is a bad event.
•Eliotte waves suggest that a big crash is
going to happen. We are in wave 5 in the long term chart from 2008 until now. so the next wave will be a market correction.
•October 29th could be really bad. Its the 28th at the time of writing this (the 29th in China) and evergrande still hasn't payed its coupons from 29 september. Which means that they could be defaulting very soon. they still owe 304 billion usd.
*update* they defaulted 2 hours ago on November 10th 2021
(they payed the 118 million that had to pay on the 29th, 10 minutes before they were going to default). they sold 2 private jets. On march 23 they have to pay back 2.1B usd. If they were struggling with 118M, how are they going to pay 2.1B? which means that they can delay the payment to the 23th of april before defaulting.
We can easily go down 35-50% to big support
levels but I don't think these support levels are going to hold a crash like this.This crash could be a very big one. 80% or more is not even unrealistic at this point. We messed up so now its time to pay for our mistakes...
Conclusion: the TA looks bad and so does
everything going on in the world right now. If this
ends up happening it will be a fantastic
buying opportunity. The S&p500 could go 10%
higher to the 5000s, but a crash is
inevitable. If it doesn't happen this year, then it
will probably happen in the next 2 years. Its a ticking time bomb. Its just a matter of time when all of this comes together and It *could* happen very, very soon.
Do you really want to risk a 10-20% return when
the market could fall 50% or more? You can
cash out now and buy back 2x the amount of
the shares after the crash. And get 2.5x the
amount of shares that you could buy now.
CCL - Carnival CorporationNYSE:CCL
Idea is simple:
Long position when triggered $22.48 (two times hit + trend changing extremum). You might also wait for closing 4h higher than $22.48 but that stock tends to fly XD
Stop - $22.16 (-1.42% risk)
Profit - first take $24.5 (9% upside)
Profit/Risk - 9/1,4 = 6.4
Feel free to comment / add a feedback
DAL - Delta AirLinesNYSE:DAL
Idea is simple:
Long position when triggered $39.5 (trend changing extremum). You might also wait for closing 4h higher than $39.5 but that stock tends to fly XD
Stop - $38.8 (-1.8% risk)
Profit - first take $41.8 (5.9% upside) - 50% of the position close
second take $44 (11.2% upside) - 50% of the position close
Profit/Risk - 5.9/1,8 = 3.3 for 1st take and 11.2/1.8 = 6.2 for 2nd take
Feel free to comment / add a feedback
#DOGE Monthly - November LookbackI outlined the Dogecoin November monthly price since 2014 to 2020. The 2017 Bull market may show some indication of the 2021 monthly price of Doge. Let's see!
What are your thoughts? Comment below and hit the like please. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
#KAVAUSDT #KAVA#kAVAUSDT
#KAVA
@khancryptoschool
@BullsERA
Right Now #KAVAUSDT In ⁵th Wave And Exactly This Wave Will Cross Previous High But There Have Strong Daily Resistance There posible
#KAVAUSDT Take Time And
⁵th Wave Is Big Morthen ³rd Wave
I Recommend 10.50 $ Price And Posible Markeet Hit 11.00 $ Price R Above
Keep in mind.
🟢 Multiple Rejection Structure
🟣 Monthly Frame Structure.
🔴 Weekly Frame Structure.
🔵 Daily Frame Structure.
🟡 4.H Frame Structure.
⚪️ 1.H Frame Structure.
Support team group beyondClearly what People of country need minister is good for country, don't want any of frog team together working, don't scale, we have big family and big wave group in the world, we want to clean government.trust our team, Trust to rakyat, we want next beyond generation have happiness to live.
Trends in Technical Analysis 📈📈✨What are the trends in technical analysis and what is its application in digital currencies such as Bitcoin and other cryptocurrencies? In the second part of the tutorial, we will look at the trends.
The concept of trends is definitely one of the principles of technical analysis. All the tools that we will teach in the following are created from patterns, oscillators, support and resistance levels, indicators, and with the aim of helping to measure the price trend. Even if you have been in the market for a short time, you must have heard the words, "Trend is your friend", "Always trade in the direction of the trend", "Never fight the trend". These are common phrases that you often hear in the market. So we need to take the time to define the process and know its types.
Bitcoin price chart consists of uptrends, downtrends and neutrals
John Murphy describes the trend in her valuable book, Technical Analysis of Financial Markets:
The market never moves in a straight line. Market changes are characterized by a series of zigzag movements. We call these market zigzag movements. The result of the motion of these waves is TREND.
✨Classification of trends in technical analysis
▪️ Uptrend
The uptrend is defined as a series of ascending waves. Charles Dow defines an uptrend as follows: "When a price is higher on an uptrend than the previous uptrend, or when the price is on a downtrend above the previous uptrend, we have an uptrend." In other words, the uptrend is a pattern of upward fluctuations.
An uptrend indicates a greater power of demand or purchase over supply or sales, referred to as the "BULLISH market".
The uptrend in technical analysis is the result of several uptrends
▪️downward trend
The downtrend is formed as a series of downward waves. Charles Dow described the downtrend as exactly the opposite of what was said about the uptrend. This means that whenever the price is lower in a bearish wave than the previous bearish wave or the price is lower in a bullish wave than in the previous bullish wave, we have a bearish trend.
A downtrend indicates a greater supply or demand power over demand or a buy, a "bearish market".
The downtrend in technical analysis is the result of several downtrends
▪️ Range trend
The Range trend consists of a wave or waves of ascending and descending that have a direct direction. In other words, if the price can not go above the peak of the uptrend or the price can not go below the bottom of the downtrend, we have a Range trend.
A Range trend indicates a relative balance between buyer and seller power or market supply and demand. "Range market" refers to this trend.
The Range trend in technical analysis is the result of several neutral waves
✨So far, we have defined the concept of trends in financial markets. We may be trending in the market but we need another tool to confirm our diagnosis, trading volume is the tool we need. According to Dow, trading volume is a secondary but important factor in confirming warnings derived from price analysis.
In general, keep in mind that trading volume should be in line with the direction of the main trend.
In the uptrend; Each ascending wave is accompanied by an increase in volume and each descending wave is accompanied by a decrease in volume.
Trading volume should confirm an uptrend
In a downward trend; Each descending wave is accompanied by an increase in volume and each ascending wave is accompanied by a decrease in volume.
If you have any questions, comment for me🔥🔥
Nostradamus 101: BTC / USD 4 months aheadMy last analysis failed miserably, so divide this by half, but based on all nonsense here goes another 4 month prediction.
This is my final analysis this year, will see you fellas in 2022, let's see where this madness takes us. Good luck have fun.
Yes, nobody knows what will happen tomorrow, but based on fundamentals, technicals and intuition here is the play:
Part 1 - what is going on and why are we so optimistic
1. The latest rally has been associated with the Visa news;
2. We are still waiting for Amazon's rollout of BTC payments;
3. We are anticipating Tesla to follow suit;
4. We expect institutions to further adopt cryptos.
Part 2 - what we are definitely missing and cannot predict
1. Billionaires and institutions never gave a damn about us and our wellbeing;
2. It is in their best interest to confuse the general public and shake the markets;
3. Government finally understood crypto and ain't happy with us holding it;
4. Their volumes will inevitably crash the market so to create uncertainty;
5. Elon defrauded his own followers who still follow him - we are just naive.
Part 3 - what of all this nonsense
1. Nothing is ever what it seems;
2. Don't get fooled by the apathetic;
3. Don't enter too early or jump out too fast;
4. Divide everything by half;
5. Imagine you are a wealthy sociopath.
Part 4 - how to interpret the next 4 months
In summary, it feels like Amazon will announce that they will simply delay the rollout of BTC in their ecosystem, and this will launch the market into a selling frenzy;
consequence: we should see a lot of money flow back into stocks and bonds, potentially low-cost altcoins (somewhat balancing the money flow). Now this works for
several reasons: first and foremost, we are in a financial bubble, secondly the US economy is about to default (well not, they will raise the debt ceiling, but how long can
this go on for?) and lastly, institutions who bought the dip in June-July will liquidate their positions to exit at a profit.
This means we enter another 3-12 month bear market, depending on the Amazon and Tesla news, and obviously investment funds and such. Now what probably will happen,
is a double reverse play. First the negative news, then the short term selling, followed by intense accumulation, which suggests that by next Spring we should enter ALT
territory, followed by yet another natural or synthetic correction, right before 2023. What of 2023?
Part 5 - 2023 Shit Hits the Fan
There is a lot of news and articles you can read, but most importantly read between the lines. Very long story short: for the last decade BRICS has actively de-dollarized their
trade, which means less $ volume, which means less value of the $ because of its massive circulating supply, which is only increasing because they are forced to print money
in order not to default on their own debt. So inevitably kids, if there is no WW3, then eventually, you gotta pay your debts, and this is a scary prospect.
It means that not only America enters the Great recession of the 2020s but also the entire world - you don't believe me? Leehman Brothers circa 2008, one investment bank
failed and the whole world lost its nuts. Don't lose yours. Read up and prep yourself.
Conclusion
Nothing is ever what it seems. The best you can do is understand the direction of the market, and then imagine fakeout scenarios which would help the rich capitalize on the
stupidity of the unfortunate and uneducated... it's a sad sad world, but it is one we live in. Thank God for the internet at least (whilst it's free).
Last comment: DO YOUR OWN RESEARCH, THIS IS NOT FINANCIAL ADVICE, GET YOUR HEAD OUT OF YOUR ASS (OH! YOU HAVE), THEN STOP BEING NAIVE AND IMAGINE THE WORST
IN PEOPLE, SADLY THIS IS EXACTLY WHAT YOU OUGHT TO DO TO ANTICIPATE SHIT STORMS. ON ANOTHER NOTE, DON'T TRADE LEVERAGE AND JUST HOLD LONG TERM, UNLESS
QUANTUM COMPUTING COMES OUT ANYTIME SOON, IN WHICH CASE WE ARE ALL SCREWED. ENJOY, HAVE FUN. DON'T TELL ME I DIDN'T TELL YOU SO.
Hope this helps people. Hope we get the timing right this time. Hope. Safe trading.
RE-ENTRY FOR SHIBA!COINBASE:SHIBUSD
This is still seeing 80+ percent buys. I see my re-entry point. It just has not been smart betting against Shiba Inu. I believe that it has bounced off its critical retracement 0.00002000 after this fall, everyone has either made their money or watched it evaporate. This is my re-entry point. I expect to see it break the 0.00003000 mark in a bull run again. It's not going to make sense but will not drop for long. Start buying back and then keep all coins inside your wallet at all times and ENJOY THE RIDE #SHIBA
HIBA