Filecoin Crashing Hard – TOLD YOU SO!As I type this, filecoin is crashing hard and has formed a clear double top on the hourly chart.
I have been the only one warning you about thit shit show of a garbage shitcoin and now I can say: I TOLD YOU SO.
Crash
Biggest bull trap just hit.. coming big crash for bitcoin? Halving is coming but overall bitcoin can crash before the halving even during ETF event approval or during it.
Bitcoin doesn’t have much support as you see you and it is not enough; on 1Day chart it created a double top.. if bears are still in control then it’s possible can go a lot lower than 40K even 30K.
The bottom I see still is 10K area but it’s possible can go lower than that.
Bitcoin is extremely overbought..in about 2 weeks the Euphoria is going to die out.
Filecoin Rejected; Another 80% Drop Coming?Filecoin showing EXTREME WEAKNESS.
While most other DePIN projects have pumped, Filecoin has failed to do so.
It keeps rejecting around $6, which is a BAD OMEN because every other coin has had no problem breaking through resistance.
It's unlikely Filecoin will breakout because altseason is over and bitcoin is about to see a major correction.
If you bought Filecoin above $10, chances are you will never break-even, let alone make a profit (the ATH of this shitcoin was over $200!).
Maybe Filecoin will reach $10-$12 as the TOP FOR THE NEXT BULL MARKET, when Bitcoin is $200,000.
I expect another 80% dump for Filecoin!
Huge Filecoin Crash Coming: Target $1While other coins have pumped massively for the past month, filecoin keeps struggeling with a major resistance. This is extremely bad when the rest of the market is pumping and breaking resistance after resistance with extreme ease. Since the market is poised for a correction, and since filecoin is pausing at major resistance for the 4th time, the chances of an epic CRASH are incredibly high (99% likely). I expect filecoin will crash another 80% soon.
Why Fibonacci Works along with Ichimoku - $SPY - ExplainedYou read a lot about Fibonacci and realize it's everywhere but you doubt it. It is too good to be true. I present the chart where it shows that you gotta believe it. Well let's put it this way. If some believe in Fibonacci and trade accordingly it will move the market and that is exactly what happened today. I am still long on AMEX:SPY (I have gamble puts expiring Feb)
Still long because it respected the support. I believe it will be range bound as 476 is a huge resistance because if it crosses that it has to fly, There are lots of headwinds and the market has already built in the rate cuts which may come sometime later. One thing to note which no one is talking about - If there is a rate cut what does it tell you about the economy!
AAL THE AIRLINES look like they are about to land.. nose down. These trends are some of the worst I've seen, or on the flip side, some of the best trends I've seen to short.
I think AAL is going to file for bankruptcy.
BITCOIN - Very likely to go down from hereBitcoin is making its final move to the upside, possibly reaching 48k, but it's a gamble. The altcoin market is experiencing its last pump, aiming to drive the Fear and Greed Index into the 80s.
BTC has been on the rise for 90 days now, typically signaling that the top is approaching. Bitcoin tends to follow a 60-90 day pattern; it doesn't have to be precisely 60 days to indicate a bottom or top, but it's generally within this range.
Anticipate Bitcoin reaching a bottom between 60-90 days after the top of this rally.
A correction of 20-30% is likely, potentially bringing Bitcoin's price to around 35-32k.
While nothing is 100% certain, calculating time frames like this is crucial and often proves effective.
Visit TradingView and see for yourself. Previous cycles also tested the 50% zone, rejecting it 1-2 weeks later; this may recur. The current 50% level is around 42k.
A close below this would be negative for BTC.
🔥 Bitcoin Liquidation: No Worries Here!Last night, BTC fell around 8% in a very short period of time. Sadly, this doesn't come as a surprise after a massive move from 27k > 44k. Investors are piling in with high leverage, which makes them prone to liquidations like the one of last night.
These liquidation events have happened a couple of times in the last few weeks. Every time they marked a local bottom, after which the price continued to go up. It's likely that the liquidation even from last night was a "necessary evil" to wipe out over-leveraged traders and clear the room for a more stable uptrend.
Furthermore, the price reversed strongly from the diagonal support line on the chart. As long as we're trading above said support, the bulls are in complete control. My 48k price target still stands.
$SPY $SPX The next 12 months new ATH Then CRASH?AMEX:SPY CBOE:SPX The next 12 months
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It's looking like this rally is set to pullback before one final push higher to the 480 area to create a Double Top
That's 5% higher from current levels plus whatever pullback we get now
Then a CRASH📉 of at least 35% even more for the #NASDAQ
SPY could go higher than 480 but I'm not seeing any institutional positioning above that yet and there is a whole lot stacking up below
There's a lot of talk on here about crashes📉 and melt ups📈 but the bottom line they are all just opinions including mine
Make decisions based on what price is doing and be prepared if things line up as I have laid out
What do you think the market will do in the next 12 months?
Does this scare anyone, or nah?Has this rally been the "complacency" rally? Jim Cramer recently tweeted how much BILLIONARES should be kicking themselves for not being part of this monster rally. Is this just a giant lower high/bull trap and are we already rolling over into the Great Depression 2.0 or ughem, a Great Rest?
BLACKROCK PARTNERED WITH XRPYou heard me .. XRP won and XRP partnered with BlackRock so what will happen next?
Don’t worry we are still bullish in 1D & 1W chart but in reality we are bearish and the resistance won the tug of war. So what does this means after we heard the news from BlackRock .. we have to SELL THE NEWS.. which means
Bitcoin and Ethereum will drop a lot too it means
XRP new lows , BITCOIN new lows and Ethereum New lows..for this upcoming year.
Bitcoin to $8000 thru 10K
ETHUSD 250$ thru $500
Lastly XRP 0.17 thru 0.20 area
Remember those buy points this is where the big boys will go AALLL INNN.
Bitcoin halving is coming too so now everything will crash badly cuz war at you know Gaza , China invaded Taiwan , Russia is crushing NATO
Lastly U.S. troops is over their and might mean another World War and lastly Covid making its bounce back and heard everybody getting sick and symptoms Sounded familiar and interest rates will go high as we expected because recession can happen.
So now u all hear the news and what will happen the price .. don’t be late to buy in those areas.. if your a holder you know what to do.
It’s time to get rich in 2024 and so on
VIX Spike - BIG Crash PendingThe VIX will spike again, nothing to do about it.
Fundamentally, a perfect storm is brewing.
We had/have many events in the markets:
- Covid Pandemic
- Supply Chain Disrupted
- Ukraine Invasion
- Russia Sanctions
- Inflation Spike
- Energy Crisis
- Global Drought
- Interest Rates Hikes
What's next, a full-blown WAR?
VIX - FEAR & Volatility - Flash Crash - IndicesVIX is pointing towards another spike in volatility as a probably scenario.
This would or could cause a major sell-off in Indices and Stocks, on a global scale.
BNB Binance Coin The Big Short - CZ to Step Down & Plead GuiltyIf you have`t sold the Bearish Pennand doubled by fundamentals here:
or The Next FTX article:
Then:
Binance Founder Changpeng Zhao to Step Down and Admit Guilt!
The CEO of Binance, the world's largest cryptocurrency exchange, is set to resign and plead guilty for violating U.S. anti-money-laundering laws, as part of a deal aimed at allowing the company to maintain its operations, sources familiar with the situation revealed.
Changpeng Zhao is expected to make his plea in a Seattle federal court on Tuesday afternoon, according to recently unsealed court records. Simultaneously, prosecutors unveiled charges against Binance, owned by Zhao, for offenses related to money laundering and sanctions. Binance is also slated to plead guilty.
Considering these developments, I anticipate a decline in the value of the BNB coin.
Curious what are your thoughts on the potential price decrease?
*Be prepared for a crash till 2024* [/image
I'm waiting for price take out the major highs or a rejection from 2040...
BITCOIN PREPARING TO CRASH..?!!!economic told us something about ETF approval which means should hear about next week. Right now we are at the top 38K and now we are at almost 37Kif you look the chart 4H-W1 is bitcoin creating the biggest bull trap in crypto history..?!
If it’s true then we will see the biggest crash in bitcoin history and bears will take over since halving is now in 5 months.
If this bulls breakout lead to decline then bull trap will emerge and we will see the biggest trap ever made.
So listen very carefully bitcoin can drop 80% drop all the way down to 20K easily especially 16K… overall we aren’t bottomed in yet. 10K is the bottom .. if not then 7000-8000 area
LQT SHOWS A FALL TRENDThank you for reading this update.
LQT volume trend shows a breakdown trend.
Our study shows some signals on the volume that can make this coin fall.
Trading this coin with no risk management will bring a very high risk.
Dow Jones vs. DXY Q1 of 2024 Crash ScenarioCrude chart depicting what a crash in the Q1 of 2024 may look like as it relates to TVC:DXY
Similar scenarios could occur across multiple markets including the BNC:BLX and OANDA:XAUUSD
Depicted here showing TVC:DJI making a double top with a slightly higher ATH as the US Dollar Index re-tests monthly support and the top of a falling wedge before rocketing up above its recent highs and heading towards its 1985 ATH.
Below are a few more detailed looks at TVC:DXY - its falling wedge, an older weekly chart talking about this, and finally zooming way out to see its potential for revisiting the '85 ATH, or higher:
Dollar Index Falling Wedge Breakout
Original Post - Market Recoveries be Wary of DXY
Potential for Revisiting ATH and/or breaking it
Also, a couple of examples of how it correlates with the Bitcoin BNC:BLX & Crypto Market, plus a crude example similar to the one in this post showing Gold Spot Market OANDA:XAUUSD
Macro Negative Correlation with Bitcoin
Crude Example - Gold Spot Market
THE FALL OF TOMO below $1?Thanks for reading this update, remember that this is not trading advice.
Tomo did see a trend fall of more than 25% last hours with a whale removal.
its possible that it can have some increase back since it did fall manny %
We checking the coin if it's able to break down below $1 and to have a confirmed breakdown.
Bitcoin broke and now preparing for crash As I predicted and right now the highest peak of the last correction of this year.
Bitcoin will now prepare to head back to the trendline and on the way to the bottom; this is going to be a long way down. Also we will see flash crash as well during the crash into back to a bear market to head back to the real bottom.
SOLUSD
ETHUSD
DOGEUSD
XRPUSD
Also preparing for the crash as well but different movements.
See you all at the bottom
CELR SEEMS TO GO GAME OVER A CRASH LIKE LUNA AND FTT DIDThanks for reading this update, please remember that this is not trading advice.
We expect that CELR is the next coin that will see a next free fall and game-over trend. Since the big exchanges have played the round.
We see on low time increase but this means noting for the real trend, we did expect before more crash trends on other coins.
The fake volume increase is the reason for the start of the crash. It is all about smart money and transaction data in combination with top whale holding.
The market cap and holders decrease, and the last data shows a connection with the FTT and Luna trend.
CELR is at this moment on a very risky trend as data shows and can be the next fall coins with the game over as Luna and FTT did. If this happens we expect that we will see soon a big free fall and crash trend on Celr like Luna and FTT did.
We did use the same tools to expect the crash we did before on Luna and FTT crash.
The big rule in trading, when a coin loses more than 80% of its value will stay a very risky coin even if it has a small time frame increase.
We have added what we expect, and time will learn what will happen with CELR.
This update is our view and means not to use it as trading advice.
The best traders in the world are traders who can read early data and expect a high chance of what the market can do . Nobody will be able 100% to be right, but with more chance, you can see the side.
* This crash expecting is by ASIA trend and on USDT pairs since its 94% of holding.
BTC ON THE RISK ZONE BACK TO BELOW 30K (CRASH)BTC did increase with the least news and confirmed the important level of 30500, BTC still has a high risk for breakdown since the last world trends and Dow Jones expects on range that can meet the corona times effect when the USA charts did crash.
For day trading BTC could be an option, for holding we expect that there is a good chance BTC can get a recovery below 30K again.
Not every increase is a confirmed increase, some times a new increase brings more high breakdown volumes. Every high BTC crash did start with a break increase.
Thank you for reading our update. Please remember that this is not advice for trading.
