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Drop!

Nasdaq in the next few weeks.Hi Index Fan, Like I explained on my draw, and after the analysis of the time trend, and also the strong divergence with the RSI, the correction is coming. Sell in May and Go Away, or Short in september and go to the beach ... Unfortunatly the pun is not here the divergence Yes! It is time also for the velocity to go up again after the flash crash of february. All indicators are bearish, so caught that, and lets make dollars (And Holidays) ! $$$ ! Let me know if you have any question. HM Ps: About the Target price I got it with Fibo and my indicator ( Write "Moriceau" and you will find some of my indicator in public) :)$
NASDAQ:IXICShort
by Hugo_Sw_Trader
bitcoin to test $7k before heading to lower $6kas much as id like to think this bitcoin dump is over i still think we have further to fall. we are basically at wave 4 and i expect a small climb now as we have found support in the $6700 region. after breaking the short term trend line we now have resistance around the $7100 (orange dotted line on diagram) and for the market to feel confident in buying the bulls really need to make an effort to take $7100 and remain above it. saying that i think with the market in the position it is a lot of buyers aren't seeing the green lights for it yet and im feeling we will fail this test. if failure happens then a drop to the next trend line (shown in pink on diagram) at $6500 (yellow dotted line on diagram) is the most likely scenario creating another double bottom for bitcoin, this could be the area buyers are waiting on. a drop into the green box wouldn't mean the worst however failing to hold $6200 (Z on diagram) could mean we drop below the $6k (blue dotted line on diagram) mark then its anyone's guess to where the knife lands; $5k, $3500, lower? - all are possible. playing with caution right now, ovs plenty of opportunity but also as much risk. tight stop loss at any of these regions if you move in. peace.
BITSTAMP:BTCUSD
by cooper_5e
1
BTC: Another Big Bart Simpson Drop?BTC has had a good run, but looks to be slowing its roll up here near a big 786 fib (the strongest correction fib), the downtrend line on the log, and the 200-day EMA right above it. BTC has reached for these three resistance levels on a somewhat overstretched run absent a true pullback so far to cool off RSI levels and form a much needed elliott wave down on higher timeframes to set up the next wave up. Both the 4h and 1D RSI are at very high levels where corrections have typically taken place historically. Beware the FOMO, entering up here carries high risk. My estimate is the super bears could be amassing short positions soon enough.
BITFINEX:BTCUSDShort
by serekamina
2
BTC 4h Forecast: Drop then Consolidate in FlagContinuing from the MicroAnalysis I just posted, BTC is most likely looking for a healthy pullback and consolidation soon. This is one option for flagging out a pattern before further decision-time up or down: an initial ABC correction down to the 382 fib and the prior price structure support near it before attempting higher. Expect multiple head n shoulders and inverse head n shoulders battles between the bulls and bears if this happens.
BITSTAMP:BTCUSD
by serekamina
1
STR SHORTShorting stellar margin on poloniex saw a nice setup for a b to c leg in this bull trap (now that bitcoin is headed to test 8000$ i'm expecting a lower low in many coins I am mainly buying all this panic but Stellar still has a good risk to reward ratio for shorting so i'm shorting for the next few days or so down to the bottom of its 1 wave) Big picture this is just a 4 wave so STR has a lot of upward movement left but for now we need to see lower lows to test its 1 wave .
SShort
by High_Altitude_Investing
4