Bears Controlling Dumping To 40K!!Weekly Time-frame
We are currently sitting in the breakout area of the double bottom. If we don't hold this area we can expect more to the downside. If we hold this area we can expect a massive pump again but this has little to no probability at all. Bearish has more bearing to happen than the bullish scenario as we can see the SPX Russel 2000 stocks are dropping. Bitcoin is just following the bigger market.
1D Time-frame
We have a bearish Engulfing in daily time-frame which we can expect more to the downside. To be bullish we need to go above $44,270 to $44,723 and make it as base then we can expect a rally base rally. For now where the pump started is now going back from it $40,972. Today is weekend so do not expect much volume. I suggest to trade alt coins during weekend.
4H Time-frame
We are having a drop base drop at the moment. Expect a retest to $43,118 before it drops again but if the trend is strong We might bounce only up to $42,769. AO is bearish still. RSI is also bearish.
1H Time-frame
How to trade
Entry $42,769, $43,249, $43,746
SL 1-5% from whole portfolio $47,186
Leverage 10x-11x
Use 1% from whole portfolio.
TP 1 $42,527
TP 2 $42,089
TP 3 $41,106
TP 4 $40,881
TAYOR
DYOR
NFA
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Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
Bidenharris2020
Bears Are Not Yet Done !!Weekly Time-frame
Still in a bearish picture. stock market are dropping so we can expect a bearish month if this continues.
1D Time-frame
It seems like in 1D TF we have a doji candle which is neutral candle close to bullish harami. Rejection area still waiting at the supply zone $43,800.
Demand zone waiting at $42,600
4H Time-frame
Double bottom forming and that would be a bullish sign until we hold the area of EMA 233. Once SXP drop then this too will break to the downside.
We have a drop base drop.
1H Time-frame
how to trade
BTC SHORT
entry $43856-$43747
SL 1-5% whole portfolio $48326
leverage 8x - 35x
2% portfolio only
TP 1 $43140
TP 2 $42692
TP 3 $42240
TP 4 $40400
TAYOR
DYOR
NFA
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Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
SPX: Market MoversGood morning everyone,
Below is a list of some of the events that have most influenced the movements of the American stock index from the beginning of the Pandemic to today.
The same events can also be used to accompany the movements of other indices to study their effects.
Apart from some unforeseen events, everything revolves around and is supported by what is decided by US policy in Congress and by the Federal Reserve.
The factors that worry the markets most are the uncertainties about the fiscal and monetary policies of the main western economy.
1) March 6: US Congress approve $8.3 billion Emergency Coronavirus Spending Package ;
2) March 15: FED announce approximately $700 billion in new quantitative easing (QE);
3) March 18: US Congress approve $192 billion Coronavirus Emergency Aid Package ;
4) March 23: FED announce “unlimited” quantitative easing (QE);
5) March 25: US Congress approve $2.2 trillion CARES Act ;
5a) April 8: Biden became the presumptive nominee after Sanders, the only other candidate remaining, withdrew from the race;
6) April 28-29: FOMC Meeting;
6a) May 8: The national unemployment level reaches 14.7%, with more than 33 million jobless claims having been filed since mid-March;
7) May 25: George Floyd protests;
7a) June 5: Biden surpasses the required 1,991 delegates to win the Democratic nomination;
8) June 9-10: FOMC Meeting;
9) July 28-29: FOMC Meeting;
9a) August 11: Biden announced that former presidential candidate Senator Kamala Harris would be his running mate;
9b) August 17-20: Democratic National Convention;
10) August 27: FOMC Statement on Longer-Run Goals and Monetary Policy Strategy;
11) August 31: Softbank;
12) September 14-15: FOMC Meeting;
13) November 3: US Presidential Election; BUILD BACK BETTER AGENDA;
14) November 4-5: FOMC Meeting;
14a) November 9-16: End Phase III vaccines Pfizer, Moderna and AstraZeneca;
15) December 15-16: FOMC Meeting;
16) December 21: US Congress approve $900 billion in relief (Consolidated Appropriations Act);
16a) January 6-7: United States Capitol attack;
17) January 14: first proposed $1.9 trillion American Rescue Plan Act of 2021;
18) January 26-27: FOMC Meeting; GameStop short squeeze begun;
19) February 2: Democrats in the United States Senate started to open debates on a budget resolution that would allow them to pass the stimulus package without support from Republicans through the process of reconciliation;
19a) February 9: Second impeachment trial of Donald Trump begins;
19b) February 13: Trump is acquitted;
20) March 4: The Senate takes up debate on the American Rescue Plan Act of 2021;
20a) March 11: US Congress approve $1.9 trillion American Rescue Plan Act of 2021;
21) March 16-17: FOMC Meeting;
22) April 27-28: FOMC Meeting;
23) May 7: Colonial Pipeline ransomware attack;
24) May 10: Israel-Palestine Conflict Intensify;
25) June 8: US Congress pass The United States Innovation and Competition Act of 2021 (USICA), $110 billion;
26) June 11-13: G7 Summit;
27) June 15-16: FOMC Meeting;
28) July 14: retreat from Afghanistan;
29) July 27-28: FOMC Meeting;
30) August 10: Senate passes $1.2 trillion Bipartisan Infrastructure Bill;
31) August 31: Evergrande;
32) September 21-22: FOMC Meeting;
33) October 30-31: G20 Summit;
34) October 6: Congress Passes Bill To Raise Debt Limit By $480 Billion;
Hope the above is of interest but if you have any queries please do not hesitate to ask.
Good luck everybody!
Cozzamara
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
@YearoftheBullChina recorded an 8% increase in n. GDP over 2020 and a staggering +18% for the first quarter of 2021.
Given l’air in the global financial markets today and the state of the Chinese, as well as the global economies, the value of CCPs growth has not been fully priced in, but it will be.
- Figures are displayed in percentage terms.
VNOM BIDEN ClampOil Looking Good again under Biden Admin Regulations to drive price up. keep thing a bit tapered down. good for overall energy sector for now.. until.. he unleashes Iran back onto the market sending price back down..
well hoping he has more on his to do list then cozying up with our Enemy. maybe oil reaches 60. looking for pullback to MA then a move to hopefully break to 14.50.
AUD USD - long term to 0.80Must bypass 0.76 hurdle first.
Now the trend is moving, looking to see a weak dollar maintained in 2021 so this will be great for the Aussie.
Remember any bearish news on the world will see a rush to the USD, however with the US attempting to remove the safehaven asset for investors, expect a good move for the Aussie to see bullish movements.
CONFIRM SHORT SPY Okay, So again I would like to emphasis here that, If you all are thinking this is breakout , NO IT IS NOT!!!! Volume on spy today was less than yesterday's volume that means dead cat bounce.
Also comparing RSI with previous high and with such a move in day didn't gained much that means there was fight beat sellers and buyers.
Market on close was in Imbalance on sell side with 400Million it's small but still it was on sell side. This is just the beginning .... My first target here is 350 followed by 342.... if supports that we can see small reversal.