For weeks we have had warnings in price action that Bitcoin was entering a bearish phase. Articles, charts, and opinions that offer CONFIRMATION BIAS that the bull trend is just "having a dip" rise to the top because people read and share what they want to hear. I am not trying to prevent people from becoming crypto millionaires. I am trying to warn people...
This should bring out both bulls and bears! 😱 It's an amazing and long channel. The bulls will say that it's a breakout of the channel. The bears will argue that it means the NASDAQ will crash. I'm not into that debate. It's a dangerous one. Overall I think there is a slightly greater probability for the south based on the channel - but how far south is big...
The facts of a matter. So I received an email - "The enemy's spies who have to spy on us must be sought out, tempted with bribes, led away and comfortably housed. thus they will become converted spies and available for our services." - Sun Tzu Revelation Chapter 13 16 And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in...
Wanted to get a quick technical analysis out on what I'm seeing with SPY. Signs are telling me the downtrend isn't done yet. This could possibly just be a retracement from the downtrend, or as you see me refer to it as a "dead cat bounce". I'll be watching it closely to make sure I capture the right call for those looking to hedge.
This is a spot trade idea to hold a while until good gains. Entry around 28-29 Sell up high play it by ear 47. 70% plus gains. Patience and hold through the good and bad till good profits.
People sometimes get lucky or for whatever reason spends months or years trading with no defined system. When we get volatility like today all of a sudden they panic and can sometimes find themselves liquidating positions they may have built over months or which they may have entered yesterday. While this might be the appropriate reaction, the more important...
My first recorded video. Bitcoin fundamentally and technically is looking healthy. This recent crash is not a bearish reversal trend. Holding support above the 200 Moving Average is critical! El Salvador bought the dip! First time in history any country has publicly announced accumulating in on cryptocurrency when the strength of the market is weakened. There is...
Top down analysis from Monthly , weekly , daily and intraday timeframes. Angles of Analysis: 1: Technical ( No news) 2: Price action( Behaviour around high time frame candle closes, and wickes on 1hr and lower time frames) 3: Indicators(EMA trendlines, volume, Momentum Oscillator, Money Flow Index )
In the vid, I overview interesting moves in the DJI. Tensions are rising. The latest market burn down doesn't look great for the FED. But.. but.. when you have access to literally and endless supply of money, you can do whatever you like (almost). The FED has been throwing money into the so-called economy in the hundreds of Billions per week. I'm using economy...
Wanted to ensure everyone was still keeping an eye on the SPY, and other futures. The SPY is looking a little tired out, possibly producing a head&shoulders formation on the daily. If so, we could be at the beginning of the correction on the head formation, which will lead us a couple weeks in to July, then the right shoulder would form over the following months....
Made this video to look at what I'm seeing in the market that has me a little on edge. Looking at the Weekly and Daily chart of the S&P. We can't continue to push the limits like we have for the past 5 years. Something has to give soon. The RSI is showing a broadening down trend for the past few years, with an uptrend support cutting through. This is creating a...
Hey Traders hope your having a good day. So in my last video I had mentioned that Bitcoin had formed a 123 top and that sellers were in control. Looks like the market has continuned to sell off since then. Did we hit the bottom or this just a consolidation before a new leg lower begins? Let me know your thoughts. Enjoy! Trade Well, Clifford
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Bitcoin Top down Analysis. Price is still bullish in Monthly Time frame But it may come down a bit for weekly Demand area and turn back again Bullish
Yes exactly. I expect Ethereum to drop 70%. This scenario is possible due to a matter of factors. What do you think?
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
Sp500 is starting to crash. You can check my previous content as to why but a quick breakdown is as follows; volume/price divergence historical analogue topping formations News catalyst (colonial pipeline) big tech/sp500 divergence