⚠️ SPY with OBV in bearish divergence📈 The chart continues with higher funds, but the volume does not follow this movement as demonstrated by the OBV.
Which signals a bearish divergence. 🐻❄️👎
🤔 I believe there could be a spike just to liquidate the positions, leading to a big trap:
🛑 Furthermore, the OBV has just broken the white dotted line, entering the red zone, overcoming the fall of the Corona Crash for the worse:
🤥 That is, the price is higher than Corana Crash, but the volume is lower...
☁️The market can be manipulated by the big players with their Machiavellian plans and government artifacts, but volume doesn't lie!
Crash
APT : SHOWING FREE FALL VIEW TRENDAfter The before coins FTT, LUNA, and the breakdown of BNX and GMT, APT seems also to have a good chance to enter into a new breakdown trend since it did shows today a pattern that could enter this coin into free fall possibility.
This is not trading advice, it's our view for this coin, and we personally will follow the coming time trend to confirm some levels on this coin.
It's our view of what we expect for now, but the chart and trend should get some confirmation, and we also follow the last trends.
This is not a guarantee that it will happen, but depending on what we have scanned today we see APT as a possible coin that can break down coming.
APT is also a coin that doesn't have max supply, and there is the possibility to create more coins.
It depends on how the market will play.
it's possible that this coin will have a breakdown trend for a low time frame, but same time a free fall is also a possibility that can happen.
This update is based on the last price action of today.
Trade only depending on your plan, and study always the trend 100% by yourself.
# Data showing a free fall effect means not always that it should happen, so that's why we will follow it to see if this will happen .
How AAPL could look if TSLA is a sign of what's to comeOn one hand there isn't necessarily a reason to expect a meltdown similar to the pace of NFLX or META or more latterly TSLA; but on the other hand, thanks to how much extra data there is, it's possible for the trained and experienced eye to suppose a long term downtrend will rhyme with its own history (see the linked AMD chart which goes back even farther)
Some TA and Fundamentals to keep in mind for DIP buyers Hello all.
Today we'll be looking at some of the things i am concerned about trading the current bitcoin price action.
I have written most of my thoughts in the charts.
Some other things you should keep in mind are -
Bitcoin dominance has acted very suspicious since the dump to 20k its not giving me confidence.
Ether dominance has gone up significantly and has gained significant market share. The flippening could happen - so thats a thing y'all should keep in mind.
Short term price action on bitcoin is absolutely brutal - There are no easy levels to trade here other than 18k and 24k.
It's a big range choppy price action , and i think macro is playing bit of a role in the current btc dump.
Over all if you are bitcoin believer know how to manage your risk - We all know how brutal bitcoin dumps can be.
All the best guys - my trade idea on how to DCA for this is written in chart.
The bitcoin halving is 625 days away! That's a long time and a lot of stuff can happen during this time!
GMT : SHOWS CRASH SIGNALIts the first time on this channel that we are adding a coin that has the possibility to crash since luna
There is some signal on the chart showing that GMT has a high chance to crash.
This means not that this should happen 100%
Also, the last trends show not much good news with the reward system of GMT, that change with time.
This update is made 100% depending on the technical view of this coin.
Until now the time low is 0,10 USD.
we have seen what happen with Luna when there was a high signal for the crash.
Markets can be very hard, so please think about your SL on any trades you made.❤️
Do always study the right risk management.
Time to waitLooks that the market found some support and is going to bounce off for a few days. Santa Claus rally? I closed this trade a few days back (see related ideas below), but If see a retest at the top of the channel again I will reopen a short position. Earnings season is coming, I don't think growth stocks are going to do well this time. This could finally push the markets very hard down.
NASDAX RETRACE; DEEP RECESSION CRASHShould expect a retrace buy and sell zone snipe of any of those areas.
NASDAX had quite a scare because of fundamental recession fears AKA The Deep Recession.
The battle against the inflation still over 40 year high and all the prices across America are spiking up and down very quickly.. even mortgage payments are raising up slowly and recovering because of the collapse.
COVID cases are still on the rise and India just found a new variant that are way worse than any other variants that is called BF.7
From china amid zero COVID fears and multi-demic
Random alike from COVID are still deadly and gone even worse than before.
Feds powell are looking forward to stay charge and keep raising the rate hikes so the inflation can drop which will take awhile to drop down to 2%.
As In also fundamental Recession is coming please pay off credit cards to take advantage and save money , invest in a bargain.
Bear market isn’t over and the Recession will be a lot worse than Recession 2008 and the Great Depression.
We won’t see any recovery until 2024.
All major bottoms have repeating elements (2008, covid, now)Pt.3All these major crashes within these last 2 decades, as well as the one we are experiencing now, deemed the "Great Inflationary Crash" all have the same repeating factors when price is close to a bottoming price, it is nothing for certain but it is just a repeating factor that may very well repeat again at the bottom of this downtrend. I think this specific crash will be much different from the others as we are in an inflationary bear market, which is the worst type of bear market. Apart from that the SPX has not drawn down as much as it should've by now so we will definitely go really low to one of those two targets I outlined which will mark the bottom. The only question is... which level will be the bottom? In the end, only time will tell so let's submit to time and let it take its course, will update.
All major bottoms have repeating elements (2008, covid, now)Pt.2All these major crashes within these last 2 decades, as well as the one we are experiencing now, deemed the "Great Inflationary Crash" all have the same repeating factors when price is close to a bottoming price, it is nothing for certain but it is just a repeating factor that may very well repeat again at the bottom of this downtrend.
All major bottoms have repeating elements (2008, covid, now)All these major crashes within these last 2 decades, as well as the one we are experiencing now, deemed the "Great Inflationary Crash" all have the same repeating factors when price is close to a bottoming price, it is nothing for certain but it is just a repeating factor that may very well repeat again at the bottom of this downtrend.
Keep this one in your back pocket, you'll thank me later.If history repeats itself, which it does... then this seems to be a very probable outcome, which aligns with the ideas of Michael Burry and others. You didn't listen to the signs prior to 2008, I don't expect most to listen this time either. Oh well... We were warned...
No crazy indicators or anything here... just a simple pattern I drew up. Often I've noticed its the simplicity that makes you the most money while avoiding losses... not the crazy ideas or "hopium".
I anticipate BTC to fall to $15-13k, to then reach $100k by 2030... which would also be around the time where use cases and actual mass adoption of Cryptocurrencies will thrive.
GLHF
Ethereum repeating history?Pulling up the Weekly ETH chart in this morning's post.
We've zoomed out to show the 2018 pump, subsequent dump, and then 2019-2020 chopfest.
Sound or look familiar?
If you look at late 2020 into the parabolic stimulus infused pump of 2021, this move looks almost identical to the 2018 pump.
Then what happened?
2022 carried the same type of price dump that we saw in late 2018/2019.
Looking ahead, we've drawn out our version of the 2019/2020 chopfest that we believe will take place in 2023/2024.
If you're looking for better entries on your crypto, especially your ETH, then you might want to wait.
Although we're SUPER BULLISH on crypto in the long term as an industry, we're quite bearish across all markets in the short-mid term.
What's the saying? History doesn't repeat it self, but it sure does rhyme!
Let's see how the rest of 2022 plays out.
Eyes peeled.
-TucciNomics
Chief Overlord, AlgoBuddy
BTC hypodermic top 14.1-8k targetanother top called in citadel. crash is just getting started. now finalizing hypodermic top
GMT : HIGH POSSIBLITY FREE FALL TO BELOW $0,15Recent developments with GMT have shown that the coin is potentially at risk for a free fall in the coming time. as a potential breakdown of the structure that has been in place for a long time. While this does not guarantee that GMT will experience a free fall, it is a potential risk that investors should be aware of.
In order to protect against this potential downside, investors may want to consider diversifying their portfolios and not putting all their eggs in one basket with GMT. Additionally, it may be wise to keep an eye on market conditions and make informed decisions based on the latest developments and trends.
Overall, GMT has shown itself to be a resilient coin in the past, but like all investments, it carries some level of risk. By staying informed and making smart investment decisions, investors can potentially mitigate the potential downside of GMT
We expect depending on this study that GMT has a high chance of breakdown with free fall as we have seen on BNX before to below $0,15
BNX same pattern expecting and did a breakdown from more than 128 USD to below 60 USD.
This is not trading advice, it's only a view of the market at this moment.
Time will show or it will break down or not.
Bitcoin is ready to collapse and final leg downBitcoin is ready to collapse and amid fears of the recession from the Feds decision since U.S. economy is slowing down and it’s not good for bitcoin and neither for the markets.
Still below 17K; the bears has a strong potential to crash and collapse even lower.
Bitcoin halving is coming in 2024.. which is the big sign for buyers to buy the dip at the new lows of the bottom ( DONT BE LATE!! )
As I said before don’t trust any short buys because the bears are fully controlled.
Anyhow now the bottom has been confirmed from the crypto veterans and experts also big companies see bitcoin will bottom in 12-10K before or during 2023 1st Quarter; if it doesn’t hold because the recession is coming.. we will see bitcoin to go even lower than 10K zone.. FYI the Feds are still in charge to keep its decision to go higher rates and the inflation will be expected to go a lot higher in 2023.
Bitcoin All time high prediction
2023-2024 new high; 100-150K
2025-2026 new high: 200-250K
2027-2030 ( or longer) new high ( LONGTERM ) 1 Million.
If you are a holder then wait 10 years.. perhaps 5 years.. if wanted a fully retirement.
Trade safe y’all and keep an eye of those buy points for a bargain.
A road to 4 figures: Part 1Hello traders!
Welcome back to another episode with analyst Aadil1000x.
The time is closer, Waiting for the price to go below 10K since it was at 30K+. By looking at this correction everyone can say a big breakout is coming but the problem is many traders are not aware of the direction.
Here are a few tips that I must tell you to keep the matter easy.
Whenever there is a correction just watch if there is a strong resistive trendline or not. In this case, there is a correction and there is a strong resistive trendline which is starting from the top. The next step is always thing of sell after the breakout of the resistive trendline.
The majority of the traders buy after the breakout of the resistive trendline but it does not work. I am posting some Examples so that you can see what happens after the breakout.
Example 1
Example 2
This post is a deep analysis of this whole correction. This correction is the set of many patterns with fakeouts and many other reactive patterns. Each and every pattern is easy to catch if you have the correct info in your database. There is also a chance of failure in the war time and in high impact NEWS.
Don't forget to hit the like button and follow to stay connected.
IS LUNA AGAIN GOING TO MEET 0? Target 0,10TA shows a breakdown trend for LUNA, and it seems Luna is on a level where it can breakdown below $0,50
Know that trading is risky, this update is not trading advice, it's only our view about the coin.
Data shows that LUNA is able to break down again.
There is no max supply, and more coins can be printed again. ( the possibility is there)
How low NASDAX will go.. RECESSION 2023I hope everyone watches the Feds decision on December 15th morning and Federal Powell speech at 2:30pm. Yes it’s pretty bad.. so at Europe the economy are slowing down and USA economy are slowing down as well.. even though everyone is spending less to avoid the highest expenses.
The Feds will continue to fight against the inflation because it hasn’t reached their goals 2% ..it will be awhile and very far to go. In 15 years in continuing highest rate of all time taking Target between %4.25 & 4.5%, Along with the increase came an indication that officials expect to keep rates higher through next year, with no reductions until 2024.
Yup you know this everyone .. severe Recession is really coming….
For NASDAQ I am keeping my only eye over than US30 because we all know US30 will bottom around 24000 area or lower as we might see.. for NAS buy zone should be at 10K, 9500 or worse about 8000.. big feeling 8000 or 9500 could be the bottom forming for NAS because of the Feds decision because now everything is still going to be expensive. If you still have loans , credit cards or something be sure to pay them off before we be getting a massive hit start into a recession as fears are coming into a close into it.
Hope y’all have a good day .. save lots of money as possible.. invest of your average money .. don’t go all in until we are bottom.
How far nas will go and US30 ? What are your analysis.