With the economic reopening after covid-19 crisis, S&P 500 will rise to somewhere between 4,700 and 5,000 before falling 30 to 50% (previsions 2021-2024). I'm looking for a trigger event ( black swan ) like a big war associated to a big inflation. It will be also an opportunity to buy cheap stocks for long term. important indicator to follow: www.multpl.com
We saw the market take a deep dump today after Elon Musk's tweet saying that they would not be accepting bitcoin as payment for Tesla due to the harm and damage that mining bitcoin has on our overall environment. Since we are just seeing the start to a new trading day (UTC Time) I think price has started off the day with a dead cat bounce and that it will finish...
Everything that goes up must come down. Just like the Stock Market, the Crypto market crash/correction is HIGHLY POSSIBLE! That's nature, that's balance. Here are my 2 cents. Good news is that we might see 2Trillion MC. Keep an eye on bond treasury rates and FOMC's balance sheet normalization program.
We're probably heading around 4% down. At the very least a correction, it might even continue.
I mean, does it need more explaining? The writing is on the wall. Even if you're sub 100 IQ, you would understand that going up = good and down = bad. We are going down. Very fast. That blue line is a 200 sequential moving average line. It means if you're under it for a long period of time, you're doing something very wrong. Buy Bitcoin, physical gold/silver, a...
THIS ANALYSIS IS ONLY VAILABLE IF A GLOBAL MARKET CORRECTION OCCUR A BULLISH SCENARIO COULD ALSO OCCUR IN THE MID TO LONG THERM. THIS IS ONLY A TECHNICAL ANALYSIS BASED ON ELIOT WAVE THEORIE! WE DO STILL SEE SOME BULLISH AHEAD OF US AT LEAST ON THE SHORT THERM. WE DO SEE A CORRECTION OCCURING THIS YEAR, and since 5 wave find there tops, and the correction...
Now this an interesting one, Traditional Markets Closed last candle very bearish as shooting star and with selling pressure, also we closed below the previous candles close, indicating more bearish momentum, We also confirmed the 4 drive bearish RSI divergence, which is hefty After the first bearish divergence we had on the monthly we crashed about 21.13%, 1 Year...
With many outlets warning of a crash this could push sentiment towards a bearish market. COVID cases rising in Europe could indicate a similar fate for the U.S. The stimulus checks not coming as promised and an election that could change the monetary policy and increase taxes on the wealthy that influence the market. This could mean trouble with an eviction crisis...
The bear market might have possibly began. The selling pressure is high and people have less hope in this market. 2nd point is that a break of this main support will confirm the head and shoulder and thus the trend reversal. On my previous idea i had the idea of buying back at the main support. But for now, i switched my changed my mind because buying seems more...
.doji pattern with low peak 2019 volume record bearish longterm trend . 3 days prior to Xmas Day Selloff . Bearish Cross on 3-Day ( only third time in BTC 's history, all previous ones set up a new midterm-6months bearish market with 50% losses ) . Bulls shorted at 7500 peak three days ago achieving 15% gains :dollar: Only men blinded by...
Strap on boiiis
-Bitcoin is crashing slower than expected; (uncorrect time frame) -Bear market might last longer than expected; -Crucial support was crucial, Bitcoin rested above it and retested it way more than i would have expected; -Once support broke Btc immediately dived, to form a bear flag around 5400; -Then Btc went to the 3.500 and bounced; -The time frame was not...
Etherium has been continously diving for a long time now in this bear market of 2018. It is no longer the preferred token/coin to hold for ICO's. Especially this entire year. Etherium use to be the holy grail next to Bitcoin. Now it seems it just has lost all the fame and respect many gave it just months ago. So the million dollar questions is will Etherium...
Congratulations if you are still using Tradingview and you are not in a market crash denial, and thank you for having supported my previous TA that might have sounded like a "Fud" or a "silly TA" for the crypto maniacs and youngsters in a bursting bubble denial, telling us Bitcoin was bottoming at 7.700$. As you can see, Btc started its process of panic sell-off,...