Trying to make more clearer picture for people to wake up and see the situation from the other side. The psychology of people is the best indicator for markets like crypto. "Culture" of crypto, hype, FOMO for all crypto communities will slowly die because fame doesn't hold long at the top. BTFD worked for some time because every time at some point it will go up,...
Deeper Network DPR Crypto is starting to have difficulties with BTC trying to pull it down. The Bullish CoinDesk news does not seem to be strong enough. Sadly it looks like it might break bearish tomorrow now.
Websites:
www.deeper.network (DPR Main Equipment Website)
dpr.deeper.network (Mining Rewards after Staking)
www.deeperscan.io (DPR Wallet...
The 2022 March low is a massive bull trap, signaled by trend breaks and a monthly RSI divergence. The setup here reminds me of 1987.
Check out the Sqzme DIX index to see the balance of OTC transactions (Over-The-Counter trades, conducted by hedge funds, banks etc).
DIX indicates a bull trap to a scale not seen in over 10 years. Heavy OTC buy-side initiation...
Chart show's NQ Monthly price 2002 - present.
Red dotted line: 1 year VWAP +/- 2.5 SD www.investopedia.com
White dotted line: 10yr VWAP, and the white band is+2.5 SD
10yr VWAP today is at 5074 (thus the title) while price
Is it reasonable to suggest NQ may drop to it's 10yr VWAP, to 5074?
Yes, it's a plausible expectation because.
It's...
We see it in our favorite sci fi movies: the cure for cancer, biotech armor, mind altering substances to enhance intelligence, so on so forth. Assuming this index is the representation of biotech importance, I'd like to hear ideas for how biotech would crash. Everything we've seen from the movies can be reasons for an increase in price.. but what would cause the...
*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
My team purchased shares of Inverse ETF $UVXY this afternoon. This set-up...
This is the song that came in mind when I checked prices this morning:
Lyrics
The roof, the roof, the roof is on fire
The roof, the roof, the roof is on fire
The roof, the roof, the roof is on fire
We don't need no water, let the motherfucker burn
Burn motherfucker, burn
Hello, my name is Jimmy Pop and I'm a dumb white guy
I'm not old or new, but middle...
The chart:
Shows an index average for SPX, NAS and DOW using rescaled CFD and futures prices.
Indicator is a momentum oscillator (midline) with an envelope much like a Bollinger band.
The paradox:
The consensus is the chart is a picture of 'doom' (as bearish as it gets).
At the same time, every trader in the chat room was bullish on the upcoming...
MartyBoots here. I have been trading for 16 years and I am here to share my ideas with you to help the Crypto space.
KNC looks ready for a retrace drop short trade and we in CryptoCheck intend to be prepared for it $$$$$$
Understanding market structure is very important to make money in the market
DO NOT MISS...
first of all ... due to the situation Luna can go to 0.004 or down to 0.00005 in a minute.. but.. with the info that we got we can try build some scenarios..
that what i see aynway.. #BURNLUNA
Currently, the market is down. I just got back into the market to view these levels and it's crazy. All I can say is get ready for the whales to start purchasing and continue to build your position.
The most waiting for the best times for Luna - and I can understand that since luna had a huge crash.
but if we go to technical analysis there is more chance that (ICX) icon will double 100%, than luna will do.
And yes i can also understand that some hope not only a double but more X times increase - first of all, we should understand the market cap well - and...
If we are headed into an 08 crash we are looking at a 50% pullback from Novembers top lasting about 70 weeks from November 2021. This would put bottom around 2100 with a complete bottom around June 2023. THIS IS ALL SPECULATIVE and not financial advice. This is just a comparison to the previous drop in 2008 we are facing different headwinds this time around so it...
