Bitcoin Big Short x10We're trying to find bottom before the bulltrend to the moon.
Looks by one of the forecasts, it can reach x10 shorts, from 40k for example.
I copied similar fractal from the 19th and 20th years and applied it to current days.
Based on pre-drawn lines, three possible options were formed. They are depicted in numbers and the corresponding color.
Bottomfinder
Did Ethereum Just Confirm - BOTTOM's IN?Hi Traders, Investors and Speculators📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
W-Bottom patterns and double bottoms on a Candlestick Analysis is what we look for towards the end of a bearish cycle. Here, in ETHUSDT, we can clearly spot both. Is this the sign of a healthy reversal and the next bullish cycle? There is ONE RULE that still needs to be fulfilled in order for this pattern to be true - watch to find out what we still need to see on ETHUSD chart.
If you're interested in the altcoin MATICUSDT , this 4min video is for you:
Here's another altcoin with massive upside potential:
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BAC: TurnaroundBank of America Corp
Short Term - We look to Buy at 32.43 (stop at 30.27)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Previous resistance level of 32.32 broken. This is positive for sentiment and the uptrend has potential to return. There is scope for mild selling at the open but losses should be limited. We look to buy dips.
Our profit targets will be 37.49 and 40.00
Resistance: 37.50 / 44.00 / 50.00
Support: 32.32 / 30.00 / 26.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
PYPL: Can Hedgie change fortunes?PayPal
Short Term - We look to Buy at 78.86 (stop at 71.88)
Activist hedge fund Elliot Management reported to have increased stake. Price jumped 6% in premarket. Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. There is scope for mild selling at the open but losses should be limited. We look to buy dips. Further upside is expected.
Our profit targets will be 99.79 and 104.00
Resistance: 100.00 / 123.00 / 154.00
Support: 75.00 / 60.00 / 40.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Market outlook.I present my masterpiece!!. ok So ranges are created at obvious highs obvious lows. ideally you want to give it 2-3 candles to confirm it which we have. Using our models indicate if market is trading at a premium or discount we can determine next course of action. Overall environment and macros are bearish. Nothing is screaming short term bullish. Now using our models we can see SPY is still in a premium market (AKA trading at a premium price) which is why we are seeing violent action no one wants to buy overvalued shit. That said this is my current view on things. FOMC will take us potentially to 402.01-409.00 This fills June daily void while ensuring market players can reload shorts. unless SPY can break upwards into 417 which i highly doubt we will get shorted back down. The big conversation is where is the Bottom?! well simple where are people going to want to buy shit up. (at a discount) soooooo. First bottom test is 349.15 which is SPY fair Value retracement we see it had some interest back in july-sept 2020 if this area fails simple we flush to 318.68 where SPY will be discounted will buyers like it there? mayb if not idealllllll bottom would be 298.02 so my prediction 3 potential bottoms 349.15-318.68-298.02 remember these numbers so when they arrive we look at overall macros to prepare our next move
How does the bottom work?As you see the chart this is how the bottom work.
The bottom need to have stronger floors and will force the bulls to bounce up without holding back.
Mid 13K and lower has stronger floors there , as you can see how much support it has with the floors. 17K in the other hand doesn’t has that much floor support as a bottom.
The bottom contains of how strong and strength of bulls floors really is .. the big wick won’t work that way but a shortage buy. As you saw the resistance of bearish that’s what you need to be careful of because it can overturn.
Y’all can argue in the comment section lol. News will effect everything no matter how good or bad will be especially the economy.
Is this really just a dead cat bounce or have we bottomed?Traders,
Plenty of positive indicators are beginning to reveal themselves. Are we forming a bottom in our markets or is there more bear market to come? We'll review a few of the positive indicators to help us form a more accurate conclusion.
- Stew
ZM: Turnaround?Zoom
Short Term - We look to Buy at 104.20 (stop at 97.89)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. A bullish reverse Head and Shoulders is forming. This is positive for sentiment and the uptrend has potential to return. There is scope for mild selling at the open but losses should be limited. Dip buying offers good risk/reward.
Our profit targets will be 124.90 and 136.00
Resistance: 125.00 / 140.00 / 170.00
Support: 100.00 / 80.00 / 60.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’ ). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Finding Recession BottomsWith so many calling market bottoms already, I want to show you how we are not there yet, with this simple 3 Month (1 Quarter) chart. We can see, via SPX & VIX, for the bottom in last 2 recessions (2020 & 2008), that quarter had:
VIX over 40 (not equal to, since Oct 08 quarter was exactly 40 & not yet bottom)
capitulation from significant SPX selling Volume (2020 had 182 billion, we need to see at least close to that)
So just those 2 things, if you can wait for each Quarter candle to complete, will show when we have recession bottom. In this recession, the VIX has barely woken up in the high 20s, & Volume selling pressure has been lukewarm, due to many investors still holding on to their previously high growth stocks, or buying more thinking those favorite stocks are now on sale & will rise again to their previous speculative highs.
We still have more pain to go. The longer we hold on & deny this recession affects us significantly, the longer & more brutal this bear market will be.
Invest wisely. Trade swiftly.
AAL: Travel is Back!American Airlines
Short Term - We look to Buy at 13.78 (stop at 12.30)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. The trend of higher highs is located at 13.40. There is scope for mild selling at the open but losses should be limited. Further upside is expected although we prefer to buy into dips close to the 13.40 level.
Our profit targets will be 17.89 and 19.00
Resistance: 18.00 / 21.00 / 25.00
Support: 13.40 / 11.00 / 9.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
META: Higher low is a good signal!Meta
Short Term - We look to Buy at 164.56 (stop at 150.26)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. There is scope for mild selling at the open but losses should be limited. Prices expected to stall near trend line support. Further upside is expected although we prefer to set longs at our bespoke support levels at 160.00, resulting in improved risk/reward.
Our profit targets will be 200.00 and 210.00
Resistance: 200.00 / 220.00 / 250.00
Support: 160.00 / 140.00 / 120.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
GME: Meme stock buy!GameStop -
Short Term - We look to Buy at 121.05 (stop at 106.04)
The trend of higher lows is located at 121.00. This is positive for sentiment and the uptrend has potential to return. Prices expected to stall near trend line support. We look to buy dips. Further upside is expected.
Our profit targets will be 166.95 and 180.00
Resistance: 167.00 / 200.00 / 240.00
Support: 121.00 / 80.00 / 40.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
GOOG: Have we reached the bottom?Alphabet
Intraday - We look to Buy at 2214 (stop at 2105)
Buying pressure from 2150 resulted in prices rejecting the dip. This is positive for sentiment and the uptrend has potential to return. There is scope for mild selling at the open but losses should be limited. Prices expected to stall near trend line support. Dip buying offers good risk/reward.
Our profit targets will be 2549 and 2600
Resistance: 2555 / 2860 / 3032
Support: 2140 / 1900 / 1600
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
DXCM: Bottom?DexCom
Short Term - We look to Buy at 74.01 (stop at 60.52)
A bullish reverse Head and Shoulders is forming. This is positive for sentiment and the uptrend has potential to return. There is scope for mild selling at the open but losses should be limited. Support is located at 70.00 and should stem dips to this area. Dip buying offers good risk/reward.
Our profit targets will be 115.47 and 120.00
Resistance: 116.00 / 135.00 / 164.00
Support: 70.00 / 46.00 / 11.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Crypto Market Bottom based on total market capMarkets tend to hunt liquidity and so there are often gaps that need to be filled before the market moves on.
In summer 2021 the market went back to fill the gap shown as "A". We printed many daily candles in there, exhausting selling pressure. We found a bottom and moved on.
On the way down area A is considered "exhausted" therefore the market has no interest to debate again over the same area. Bulls won, they took us to 3T, they failed to go higher and so their reign was over.
This is why our stay in area A on the way down was short-lived.
It's summer 2022 and the market has finally reached contested area "B".
Bulls and Bears will once again fight for this area.
The winner will show us the way! (If sellers are exhausted in this area, we have our the market cycle bottom)
Bitcoin EMA AlphaDaily 800 EMA (200 4D Chart)
Daily 120 EMA (30 4D Chart)
Only two previous data points work from.. although, the bearish cross-over of these two EMA's has been within 1 week of the bottom, both times!
Current trajectory has the cross over at 22 June 2022, are we witnessing the BTC Bottom?
Bitcoin H&S Target Down Touched Precisely! Amazing Technicals!Traders,
With absolutely amazing technical precision, Bitcoin has now touched our target down for the Head-and-Shoulders pattern I drew in the fall of last year! This is all I wanted to show you. Take it for what it's worth. I am not going to make predictions based on this. At this point, I am tired of making predictions and being wrong. I doubted all along that the H&S pattern would play out. It did. And here we are. This is why I love technical analysis! If this whole bear market has taught me anything, it's this: Throw out all the hype. Throw out all the bias. Put all the noise aside. As one of my paid subs did, even unsubscribe from YT influencers. Get rid of all the hype and focus on the charts. What are the charts telling you? Learn from my mistake this past fall when I ignore the blatantly obvious H&S pattern because bullish bias was so strong, etc.,etc. The charts are almost always right. And if they are wrong? Chances are we are missing something they are trying to tell us.
So now what? Is this the bottom? Let me know what you think in the comments below.
Peace ya'll.
Stew
Major downtrend in SPXAfter almost two years of market exuberance due to central banks' unconventional actions, the SPX has recently entered a major downtrend which has just started.
The index has just formed a top under a major resistance and its next target is the major support level around 3200.
The RSI Exhaustion confirms the same analysis, in fact, there's no evidence of divergence and the indicator is currently "bullish exhausted" meaning that a bull run from here is extremely unlikely.
Remember to do your analysis, be patient and always look for confirmation from the indicators.
When $SOL Summer?? Hey friends, the last past weeks haven been crazy - $LUNA hit, Bear-market confirmed, ongoing European crisis... a real s*-show. And what now? Where do we bottom? What are catalysts to bottom and finally start the reversal? How long will it take? A lot of questions and a lot of answers.. but who is right (and who is wrong..)?
I don't have the answer, but Im using demand&supply zones to build an idea... and try to anticipate how the market will react (I guess like many others ;-)
In terms of $SOL, its just crazy how much we retracted (is it??) - What is clear to me, is that we are not at the bottom but we are not too far! Buying into bigger caps at heavy discounted price (well can we call this discount... anyways I guess u get my point) has been one of the most rewarding approach for the last 8 years... and I continue to do so.
That was a long intro.. for a short to the point question ... what do you think is a fair bottom for $SOL?
Hit the comments!!
Thanks, staysafe
NFLX:If it looks like a bottom. . . ?!!Netflix
Short Term - We look to Buy a break of 210.00 (stop at 158.96)
The bullish engulfing candle on the daily chart is positive for sentiment. A bullish reverse Head and Shoulders is forming. This is positive for sentiment and the uptrend has potential to return. Further upside is expected to close the gap between 248.70 and 333.22.
Our profit targets will be 329.00 and 400.00
Resistance: 240.00 / 330.00 / 400.00
Support: 160.00 / 125.00 / 81.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.