SPY is about to be tomato sauce Fundamentally, there's yyuuuggeee disconnect between the economy and the stock market. Price up + lower volume = sign of reversal. Be mindful prior to swing anything. Good luck!
Bloodbath
Doom aheadS&P is painting a bleak picture imo looks to me to have the same setup as the last doomsday device and this one could for sure be a lot worse 🍿🍿
NCLH cool down coming upIMO tomorrow is going to have a tremendous pull down. Who knows if the pull will continue through the day, but at the open tomorrow.. ohh boy. I got out today at 17.04 (see my previous NCLH post)
My best guess at where the downtrend reversal begins is below the current pivot and above the 20MA.
If the 20MA is not resistance to the fall over the next several days then it may retrace back down to the lower uptrend support. All of that will be determined near the middle of next week.
The pig we fed is currently at the slaughter house, but a new ones getting ready to be plumped up.
GL make some money.
Want some ETH for 45 bucks?Want some ETH for 45 bucks? Well, this could be your lucky year. Blood is going to flow on the streets and the ones' that are prepared are going to bate in it. What we are about to see in the following months is fear and greed gripping the minds of everyone in this crypto world, everyone that has remained oblivious to the true nature of this market that is. ETH could possibly retrace back to 228$ before the big fall. The count gives a technical opportunity that is usually realized by manipulation, but nonetheless the count usually comes true. I personally believe that BTC dominance is going to retrace a little bit, giving the major altcoins the opportunity to "stretch their legs". After that false hope, there is going to be a massacre, pure and simple. Subscribe for this channel and prepare your popcorn, because the following months are going to be remembered in history as some of the most outrageous and painful for bulls.
#litecoin #ltcusd - Will the "3D Ichimoku-Cloud" hold?Litecoin is not having a party here. It failed to overcome the $100, after that it broke down the support-level and now it is facing a potential E-to-E on 3D downwards whilst the cloud is ALMOST already bearish.
Something big needs to happen here to save Litecoin from a major down-trend. On top of that Litecoin does have some influence on the price development of other altcoins, so this is not only important for LTC.
Assuming that BTC is going to make a bigger move: Recently Altcoins were not performing well, so no matter what direction Bitcoin goes, Altcoins look due for more shorters coming in. Be careful if you are "hodling", the further the price decreases the LONGER the way back up will be.
Let´s see if this minor support + 3D-Cloud holds! If not next targets would be between S1-Q and the breakdown-level around $68.
_______________________
Warm regards,
Neru
BTC - White FlagI know you think that I shouldn't still love you
Or tell you that
But if I didn't say it, well I'd still have felt it
Where's the sense in that?
I promise I'm not trying to make your life harder
Or return to where we were
I will go down with this ship
And I won't put my hands up and surrender
There will be no white flag above my door
I'm in love and always will be
I know I left too much mess and
Destruction to come back again
And I caused nothing but trouble
I understand if you can't talk to me again
And if you live by the rules of it's over
Then I'm sure that that makes sense
I will go down with this ship
And I won't put my hands up and surrender
There will be no white flag above my door
I'm in love and always will be
And when we meet
Which I'm sure we will
All that was there
Will be there still
I'll let it pass
And hold my tongue
And you will think
That I've moved on
I will go down with this ship
And I won't put my hands up and surrender
There will be no white flag above my door
I'm in love and always will be
I will go down with this ship
And I won't put my hands up and surrender
There will be no white flag above my door
I'm in love and always will be
I will go down with this ship
And I won't put my hands up and surrender
There will be no white flag above my door
I'm in love and always will be
BTC - Bloodbath incoming Third time's a charm.
A support line can barely hold up for the third time. That's why the head and shoulders pattern usually work, especially in big time frame like this.
What about altcoin/BTC ? Will there be an altcoin season ? I dont know, I just prefer to short BTC for now.
They say expect a 'bloodbath'! Bloodbath is not a derogatory term - it is commonly used in trading circles to describe a total catastrophic meltdown. Markets are about to panic for a number of reasons. As panic spreads there is usually precipitous fall in prices - as everybody rushes sell.
1. US-China trade war kicks into overdrive.
2. Tariff man has hit Mexico
3. Tariff man has squeezed India.
4. Tensions in North Korea continue in the backdrop.
5. Trouble with Iran brewing and not improving.
6. Treasuries yield fell two 2.1% today - the lowest since 2017.
Make no mistake the bulls are fighting hard, as greed and hope rule them.
Disclaimer: This post is not advice. DYOR. Your losses are your own if you make decisions on this screencast or come to feel influenced.
PCG = REKTA perfect "Buy When There's Blood In The Streets" opportunity? I mean what's going to happen. Residential, commercial, industrial, and agricultural customers in Northern and Central California will no longer be using electricity and natural gas?
PCG: Wait 4 SIDEWAYS MOVEMENT b4 trying 2 Catch A Falling Knife!PCG: Wait 4 SIDEWAYS MOVEMENT b4 trying 2 Catch A Falling Knife!
PACIFIC GAS & ELECTRIC CO. (PCG): Buying After A Bloodbath?Find Winning Trades In Seconds >> efcindicator.com (Special Discount)
After a bloodbath, we are in the same levels of 2001-2003 (+15 years ago!!!). The major ABC correction it's likely reaching the end of wave C.
The months around september for the last few yearsCheck the months around september for the last few years
Crypto Bloodbath - Buy When There Is blood In The StreetsAfter a strong rally peaking at $8500 during the month of July, Bitcoin fell over 30% to a low of $6250 on Tuesday this week. As brutal as this sell-off was for Bitcoin, major Alt Coins were punished even more severely over the same period.
Approximate return from 24 Jul - 14 Aug for major Alts:
Ethereum (ETH) -40%
Bitcoin Cash (BCH) -40%
Ripple (XRP) -45%
Litecoin (LTC) -45%
Neo (NEO) -60%
Bitcoin’s relative resilience in this latest crypto market bloodbath has shown without a doubt that Bitcoin is still the boss! Whilst all major Alts have broken below their previous low points for the year, the Bitcoin support level at $5825 has held firm. Furthermore, for the first time this year Bitcoin market dominance is back over 50% (i.e. the value of Bitcoin is greater than the value of all the Alt coins combined).
Looking forward, it is critical that the support zone (orange area) between $6020 and $5750 holds. If there is a clear break of this level then it is likely that Bitcoin will suffer the same fate as the rest of the Alt Coins. There is a support trendline (blue line) which may offer some respite on the way down, but on the back up the recovery will likely be halted by the previous support zone (orange area) which will now act as resistance. This is the bearish scenario (red arrows).
The bullish scenario (green arrows) would see the price hold above the support zone and form a reversal pattern of some kind. It is possible we may see an inverse head-and-shoulders forming as indicated on the chart. Should it develop further it could signal the beginning of some sort of recovery. I will be waiting for confirmation of either a break below support (bearish scenario) or a reversal pattern above support (bullish scenario) before placing any trades.
Whilst it is tempting to apply the adage “Buy when there is blood in the streets” and load up on Bitcoin and some unloved Alts, I feel it is prudent to wait until there is reason to believe that the bleeding has stopped before jumping back into the market.
If XRP Repeats.... #xrpthestandard #xrpIf pattern continue, we may see 0,20 in 2 days. I do believe 0,20 will be a strong support.
Also XRP is now decentralized :
minivalist.cinn.app
We may expect the SEC finally tell everyone XRP is not a security.
Also Weiss Ratings changed their mind about XRP :
twitter.com
Let the weak hands get broke once for all guys ! !
This is not investment advice, only my point of view !
Happy trading.
Ripple is at Bottom Support .. Ripple BINANCE:XRPBTC is decreasing from 9000 Satoshi to 7000 satoshi.
7000 satoshi is work as a support in prev. months, Price is almost stay there, Due the increasing the BTC dominace, the price breaks the 6900 satoshi, & now sitting at 5800 satoshi..
Technically,
RSI is almost oversold zone.
Price needs to break the downtrend , for bullish rally.
Gold bloodbath phase ending?The breakout to the south of the ABCDE triangle could be reversing very soon, as the longs have been scared out of their shares in a multi-day bloodbath, and now it is time to load up before the reversal. The mining shares have diverged from gold itself, as the same pattern is present in GDX, but sans bloodbath breakdown. If gold reverses into the triangle, the miners should be leading the way.
BAJAJ AUTO WILL GET PUNCTURED SOON ...WAIT AND WATCH !!!!!!!I FEEL THE STOCK HAS ALREADY RALLIED AND DONT FIND MUCH UPSIDE IN THE STOCK AND THUS SEE 3000 , 2850 , 2700 LEVELS IN IT ..
SL @ 3050
Guess where are we going next!I think there is only one for sure scenario in this bloodbath marathon. We are going... DOWN!
BTCUSD - Who let the bears out?What up folks!
I expect Bitcoin 1.67% to go down to around 6k USD and through that see a double bottum.
However it may break though that support level, here are my Limit Buy Ideas, keep Stopp Losses close.
As ever only invest what your willing to loose!
BTC gets SchwiftyBlood bath underway. Dam wall has broken. Look for a bounce from round numbers or off the descending channel bottom.
Crypto Bloodbath Incoming (BTC Double Top Formation)Yet to be seen how much this will affect other coins considering BTC is losing its spot as a market maker but it would be wise not to open further positions at this point and wait till the dust settles. This is going to be a great opportunity to buy your favorite altcoins dirt cheap!
