I'm sorry folks, to be bearer of bad news. Doomsday has struck stockmarkets worldwide twice in the month of March and May historically. Here we are right now starring at a possible third anniversary event - right on our doorstep. The US Stockmarkets that influence the world, is in a nervous state in the last 7 days or so. They're holding the tiger by the tail! Am...
Hey guys! Posting an update on my DJI analysis, since we're close to invalidating the possibility of further weakness (for the time being). As I said in my previous analysis, it was best to remain on the sidelines after the bounce from the 21000 area, since it was fairly strong. In addition, I indicated the possibility that we'd actually break the previous high,...
Dear traders.
In this analysis we appositely left in the chart the previous trendlines and targets.
We identified as the last resistance the red rectangle in the 160$ area: it was really clear to see that was a key level for Ethereum.
And the manipulators did an amazing job this time, here is why:
a) They destroyed with incredible power all the resistances, and...
It took over a year, but looks like we are approaching drop from H&S made through 2018 year.... If yes, its coming this or next week.. lets see what will happen, but technical analysis seems straight forward... Like its not enough we have rising wedge from december fall... Is it going to be surprising uptrend continuation, or TA and match gonna win again? ... lets...
Everybody can see that rising wedge there....if we follow traditional trading rules, its going to fall big ... but you never know in this market ... its close ... today? tomorrow? or its gonna push it till the 28th? ... everything says it falls, but will it, lets see in short time .....
Funny thing about both of them is that they topped around 340B Dollars in market cap. Bitcoin did a 20x in 1 year, while visa did a 15x in ~9years.
To me they both went parabolic and then had a major bull trap. A massive bull trap pushing a lot higher making people believe it will go even higher. Could this be just a continuation of the rally? It very well could,...
29th of November, 2007 - bond market experiences a flash crash which is quickly bought up by the FED in an effort to prevent widespread debt defaults. Worked for a few months only for companies to begin defaulting anyway, probably through a series of realized margin or interest spike risks. This is what caused the financial markets to implode in 2008.
Watch and...
Analysis From PRO INDICATORS
Link to the original author:
/// Twitter : @Phil_RX
/// Site : pro-indicators.com
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Objective look at SPY to compare current patterns with former bear market rallies makes it very difficult to ignore May of 2008. This is a weekly chart in log scale. The comment bubbles say it all.
Well, if history repeats itself here, the stock market could be in trouble shortly. Over the next couple of months, I'll be watching closely. I'm no economist, but I believe the markets are due for a nice dip. Good luck to all!
The price action we've seen since October looks a lot like the tech bubble of Y2K. The economy was just a tad more organic back in Y2K so our price action may not have as much drama. Using the first tech bubble as a model, the graph shows what will most likely happen. IF .....it plays out in the same fashion then we have to wait till February before this 'algo...
Hello Lads and Ladies,
Welcome back to TJ's TA sessions.- The Daily BTC Update #24
What happened in the last 24h?
In the last 24h we saw quite some movement in the market as described yesterday. We are surely seeing the scenario of confirming support as resistance but Ripple just shook the whole market and woke people up. Normally this would be a bigger...
I see some bullish pressure coming in on AUDUSD due to the recent bearish price action on DXY ( Dollar Index) as well
as Powells, now dovish, outlook on whether he still wants to raise the interest rates.
Long trade
Risk/Reward:1:2
FOREXCOM:BTCUSD
LA MAYOR DE LAS CRIPTOMONEDAS SIGUE DESARROLLANDO UN CUADRO DE VULNERABILIDAD DE MEDIANO PLAZO, PRODUCTO DEL CICLO ASCENDENTE DEL DOLAR A NIVEL GLOBAL, POR EL CUAL SE HA DESARROLLADO EL CRASH CICLICO DE MONEDAS EMERGENTES Y MERCADOS BURSATILES.
SEGUN EL CONTEO OPTIMO DESDE QUE SE IMPLEMENTARAN LA OPERATORIA DE FUTUROS Y QUE PONDRIA FIN AL CICLO...
