ETHUSDT MAJOR SUPPORT!!! *SOON 600*ETHUSDT is at major support level which if gets broken ( I think it will) we will see very bearish movement to downside.
Why 600?
This is first support level which can show some sign of support .
You can see it pumped so much without any small pullbacks to feel imbalances in market and now they need to be filled.
I think it will break down because of bitcoin also being very bearish. This isnt move that will happen in week or month.
It will take good amount of time for ti to reach this level
But this year looks like it will be very bearish till the end.
This is not financial advice, I am just sharing my opinion.
Crash
Nasdaq - Which Scenario will Jerome Powell pick?Jerome Powell speaking today, market have setup perfectly to react to what he has to say
Nasdaq on its way to 2019/20 high ?Is anybody with me on this one? Just throwing out this idea of a 5 wave downwards structure bringing us exactly on top of pre corona highs. Valuations would be insane when we would actually go that low. MASSIVE buy imo. Keep that cash ready, if you as me atm. I'm in 70% cash atm, rest is in beaten down tech/growth and some big tech
Stay safe
Coinbase: Lawsuits over 'stablecoins'!!Coinbase
Short Term - We look to Sell at 79.05 (stop at 97.30 )
The primary trend remains bearish. We are assessed to be in a corrective mode higher. A move higher faces tough resistance and we remain cautious on upside potential. Preferred trade is to sell into rallies. Further downside is expected.
Our profit targets will be 30.50 and 25
Resistance: 70.00 / 75.00 / 80.00
Support: 65.00 / 60.00 / 55.00
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Dollars index the game changer !Hello every one today i want to Analyse the dollar index for you.
in overall seems like we could see the higher level for (dxy) for example 107 and 114 or even the scary targets of 120 and 160.
in lower time frames we could see some pullbacks and chart might retest 100 area but if we could stay above 102 the higher targets could be hit.
if this happen, the markets will continue their corrections .
thanks for your attention
this is not the Financial advise . TVC:DXY CAPITALCOM:DXY ICEUS:DXY
Ape shortThe trend is changing direction, aka reversal due to a double top in 4 hourly. 5.84 seems to be strong support, the price however is more likely to follow the downward trend to 7 or 6. We may also have another crash at the beginning of next week.
This is not financial advice. Make your own research and be cautious, especially during this uncertain period.
Litecoin it's in the bear marketIn this overview, Litecoin it's in the bear market and we see that this cryptocurrency it's leading to the previosuly minimum historical price on 2020 and part of them see on 2018 and 2019.
So, in this weekly timeframe, Litecoin forming a bearish descending triangle and retest of this chartist pattern indicating a bearish trend.
And now, in the monthly timeframe it's extremely bearish in Litecoin and the trend it's very clearly that this cryptocurrency it's dominate by bears in this market.
Luna: is there still a chance?First of all, I was saddened by what happened: a lot of people lost money and the savings of a lifetime.
So it is important that 'never put all the eggs in the same basket'.
This is a super complex area, and that involves above all, fear, greed, anger, complacency, ignorance...
That's why I leave my condolence here to my colleagues who lost everything.
I hope it all comes back.
I have particularly used the Blockchain of Terra Luna once in the past.
I also heard the opinion of several people, saying that blockchain is not scam.
She was simply the victim of a vulnerability, which was exploited at the worst possible time.
It would be like an earthquake, tsunami, hurricane and atomic bomb all at the same time.
Perhaps the only good news in this chaos is that perhaps the mistake will not be repeated anymore.
Our greatest learning is with our mistakes, not with our successes.
Speaking of graphical analysis, the game only ends when it's over.
There's no way the price is negative. Zero's already been hit.
At least we can still speculate.
If there is still buyer demand, no one else to sell, and inflation snares, theoretically the bleeding will end, and we will have a bullish reversal.
Here on the 15-minute chart, we can see absurd volatility.
A 7000% change from the fund to the current price.
In a matter of hours, a volatility of 100%, 200%, 300% or more.
Using a proper risk control and exposing yourself little, there may be a window of opportunity.
Risk asymmetry can be reversed: the maximum loss can be 100%, reaching zero, but the maximum profit can be infinite.
BITCOIN CRASH !! be carefulNo wonder a bearish outlook for Bitcoin, its Bullrun comes to an end. Macroeconomic data is not supporting it, and the SP500 is in a complicated situation. BTC yesterday broke the 30.000$ area (its structural support, changing its trend), but we can still expect a good bounce before plummeting.
However, we are in an area where many are still hesitating whether to keep their Bitcoins or sell them. That's a personal thing, the best advice ? DIVERSIFY your portfolio well and try to be as little exposed as possible to the market, because here I show you a different vision.
Sometimes we are used to see the chart in the same way 300 times and we always see the same thing because our eyesight is getting vitiated. But... I propose you something:
I'm going to turn the chart around so you can see it better. And now I will mark 3 different BOTTOM patterns simultaneously.
- Rising Wedge
- Shoulder head shoulder
- Cup and candle
and Weekly Divergence if I remember correctly.
Too many negative patterns converge at the same point, and when this happens? the highest probability is that they will be fulfilled. Bitcoin has grown a lot, so it is not surprising that we could see a crash in its price.
I hope this will help to keep you safe.
DOGE PRICE UPDATE - BUY ZONE UNDER .06Here is my buy zone target for DOGE, I'd say if this hits, it hits before the 16th of may. I think once this short term drop hits, which will be carried with short momentum from the weekly chart, all RSI and momentum trends should be expected to reverse, align, and rise with support from the bigger time frames. ELI5, this dip is going to trigger a run-up. How big?? no idea. but there are definitely chances to buy the dip at a great price.
Is the DAX toast?Chart features:
1 - It's a bear market at this time.
2- A clear death cross is seen.
3- Now a parallel channel has emerged.
To become bullish again the DAX would need to get above 14712 and stay above.
Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
Bitcoin Analysis 5/12/22 Pt 3 (Two Bearish Scenarios)Bitcoin failed to stay above support on the Falling Wedge pattern on the 2 Day Chart and it appears to have already started dropping in this Head and Shoulders pattern. According to Market Symmetry, it could potentially retest it's 2020 low of $3,800 around Late November.