Would hate to say I told ya so @BTCWe're at the start of resistance with reducing upthrusts in price action. Expect if we can even make it to new highs it will be rejected violently, ultimately sending it below 26.2k.
DROP
Bitcoin Drop from 69k USD to 15k USD from 2021 to 2022Chart showing the last biggest Bitcoin drop from 69k USD to 15k USD.
EURUSD TESTS THE BIG RESISTANCE twice in a rowEURUSD TESTS THE BIG RESISTANCE twice in a row and create double top pattern
Time to go down againThe probability of Bitcoin seeking liquidity at lower levels is high, that’s why my position is bearish.
CHFJPY: SELL OPPORTUNITY The CHFJPY pair has undergone a remarkable decline, plummeting from its recent March high of 147.55 within a span of fewer than 8 hours, and shattering both the M15 and H1 supports.
Based on MY analysis, I anticipate further downward momentum, with a projected decline to the 142.331 region. This outlook is reinforced by the breach of the H4 uptrend channel to the downside, indicating a possible bearish trend. We may witness a marginal retracement to the broken H1 support before the anticipated drop, or alternatively, a direct move towards my target.
BTCUSD to Top and Drop Late JanuaryA couple of roadmaps from the past few months copied and pasted over the current market. Both are in alignment with one another, indicating BTCUSD to potentially have a significant drop of 10% to 20% on Monday 30th Jan or Tuesday 31 Jan.
There are further roadmaps aligning on smaller time frames also indicating a potential high Monday/Tuesday.
Let's see how we go.
ETHUSDT: Support at $1.3k according to the Fibonacci RetracementIn this ETH/USDT chart, we use the Fibonacci Retracement to look at resistance and support levels and try to predict what will be Ethereum's next move.
We see resistance at 0.65 (price at 1.7k), 0.786 (price at 1.8k), and at the "GOLDEN POCKET". What is the Golden Pocket? It is an area between 0.618 and 0.65 where significant reversal often happens, and in Ethereum's case, we see that the price dropped all the way from 1.7k to 1.1k in only four days after reversing in the Golden Pocket.
The price also received support at 0.5 (price at 1.5k), 0.382 (price at 1.4k), and especially at 0.236 (price at 1.3k). Following these observations, we can expect the current price to use 0.236 again as support before rallying at least to the nearest resistance 0.382.
Also, pay attention to the Relative Strength Index (RSI) to see any overbought signals (ETH is overbought if the RSI goes above 70. The market will then correct the price shortly by bringing it down. However, if the RSI oscillates between 50 and 70, it is a sign of a healthy bullish trend).
Yanak
Support Resistance Analysis Says Sell GBPUSD In Coming YearFor years GBPUSD has been testing its lows. Since 2007 a huge drop has been seen in 2016. Where it has consolidated between 1.22396 and 1.36845. Recently in August of 2022. For many, we could see this potential drop, while others expected a pullback and continuation of the sideways move.
Let's look at what actually happened. The lower resistance zones around 1.22396
was clearly broken in the month of August 2022. In December GBPUSD retested the previous resistance.
The prediction based on this is a short/bearish movement. Since this is a never seen low, I can not identify how far it may drop.
DGSTACC: MACRO ANALYSIS OF QQQ / PENNANT FORMATIONIn the chart above I have provided a simple analysis on what can be considered for when it comes to the overall market.
1. Pennant Formation is provided by taking higher lows and lower highs with a point of convergence.
2. If followed through Pennant path can force price action to previously seen pre-covid times.
3. This would in fact validate a completion of GOLDMAN SACHS 340 market bottom prediction for SPY if QQQ is to fall to 240.
Note: This Macro chart will be used for reference and complete a more micro analysis of QQQ.
DGSTACC 24th 3400 Prediction (Update)In the chart above I have provided an update on our current possible price prediction that could be meet by January 24th.
- Current drop has completed -7.45% of a -17.34% predicted average drop.
Litecoin will drop????In the analysis of price action and Fibonacci, lines have been drawn that show the growing support and resistance of Litecoin, which seems that Litecoin will fall to 75.5 or 75.2. PHEMEX:LTCUSDT
SHORTING GBPUSD For the short term LOLKey:
Orange bars= Take profit Areas
Blue bars= Key areas
Overview
For the long term I believe that this pair is going to be bullish. However, in the short term I think that there could be an opportunity to hop on and get in on the retrace down to the 1.1930 levels, because that is the last place where price stopped at, and it also lines up well with the Fib-retracement tool.
The Plan
Currently price is in a mini consolidation. I am going to wait for price to break and retest my lower key level (1.2060) before getting in for a Sell down 1.1930, the orange lower level.
Plan B
If you fail to plan you plan to fail . In the case that price doesn't break my lower key area , it could go long. If it wants to go long I will wait for price to break and retest my upper key area (1.21500) before getting into a buy up to 1.2250.
* I have also set up alerts around my key areas so I can be ready for price when it gets there.
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SUPPLY STRUCTURE PATTERENS !!!!!!!Hello, everybody! If you like the concept, don't forget to like and follow it.
In this pattern, the market would accumulate sell orders in the supply zone and turn bearish.
Please show your support for me by liking and following my ideas.
Also, let us know what you think in the comment section.
EXACTLY ON BTC !!!!! Hello, everybody! If you like the concept, don't forget to like and follow it.
It's exactly what I thought would happen to BTC, but I think the DXY Index could make BTC fall again.On the DXY index, I will attempt to publish a brief chat soon.
Please show your support for me by liking and following my ideas.
Also, let us know what you think in the comment section.
GRND IPO POP then DROPOn the 15-minute time frame, the price action is decidedly bearish
over the past couple of days. Gauss filters downward.
The Ichimoku resistance against a reversal is thick.
Price has dropped more than 15% each day.
The RSI indicator shows dismal strength and no signs of divergense
to herald a reversal. I am in this as a short seup and
have profited well taking a partial each day. Option plays
are not available. Once the bear trend burns out, this will be
worth looking at for a slow uptrend. So once the relative strength
drops to below 25% or some bottoming wicks and Doji candles
appear on the lower time frames, I will look to take the profits
and trade the uptrend. ( this may bounce up from the POC of
the volume profile as a reaction to support. )
PLAY the VOLATILITY !
MCXX Crude going to fly or drop??as per my analysis . crude rejected at 6705 and going to drop 5895 in comming day. final target of crude as per my analysis 5640.it is for educational puropse
Being Patient Being patient is very important when it comes to trading. The thing about it now is that you can always bounce back towards the correct way once the bullish run starts.
Double top on 1hr, at resistanceGJ has formed a double top structure on the 1hr chart at resistance @ 168.580. If the current stick closes red we going down. Confirming the earlier analysis of 4hr double top and retest under resistance. Just observe the trade and see. Price always returns to the 200ema(white), lets test the theory, maybe today or tomorrow we should get there
P.S GJ is Bae
vite/usdtvite/usdt looking good for short trade
buy at 0.02874
stoploss 0.02986
take profit will be 0.02650 almost 8% profit
