BTCUSD - Next DropWe have a breakdown from the trendline . it can drop fast.
Entry : {30,040}
Targets : {28,490} to {28,270}
Stop : above {30,700}
❤ Thanks for your attention ❤
DROP
Drop is inevitableIt looks pretty plausible. I expect a drop closer to the fall around October-November.
Why Do Pullbacks / Retracements Happen?When price moves from A to B, it rarely moves in a straight line.
To get from A to B, price moves in that direction, retraces a little, then moves in that direction again.
Why does that happen ?
1. Natural supply / demand dynamics
The further price stretches up the less buyers join into the move. After some time whoever wants to buy already has bought. The others which have not yet will look for a retracement to buy again or to even short the move.Sellers will inevitably start testing the move. To see its strength at a point where they feel buying is at its weakest. As the sellers join the fight, buyers will see the upward momentum drop. Some will begin to sell out pushing momentum further down. The market makers who are moving the market the most will also reduce their buying pressure so they can save their capital to support the market after the retracement In order to ensure that there will be a higher swing low.
2. Manipulation by market makers.
"Saving their capital" sometimes generates whole trends, rather than just a small pullback. Long uptrends for long periods of times will eventually finally hit consistent supply above which MM will not be able to push further. At this point the big players will start dumping a large amount of their supply the market goes into a steep decline covering almost the entire distance of the uptrend before the big player starts to scoop up all the inventory at a low price and repeat the upside move again.
3. Shaking out weak hands
In order for a market to push higher. It needs to shake out the weak hands by engineering pullbacks. Weak hands will provide the necessary liquidity for the market maker to push the price higher.
4. Stops hunting. Market makers know perfectly well there will be traders moving up their stops up with the market. They will hunt them down. Sophisticated algos and trading programs will be used for this which further adds to the supply that causes retracements to occur.
If you enjoyed this information make sure to live a like!
Let me know in the comments what you think about it!
Rejected from the supply zone!Bitcoin is rejected from the supply zone.
After a breakdown from the bottom line of the rising wedge pattern it can drop to the demand zone or even lower.
It can drop sharply againAfter the recent drop, the price has returned to the 0.5 Fibonacci level.
The sideways and weak price movement may indicate that market participants have accepted the current price or even are preparing for the next drop.
The chart suggests increase in bearish momentum.
I think this is very clear to go down 0.0025Metahash supports are broken and going down to 0.0025.
The big support was 39.
This is not investment advice.
BTC is dropping hard!The correcture we saw in the last weeks, has continued. Many people thought we reached the bottom (based on trading volume and big wales buying), but the correcture is continuing. The inflation is making pressure on BTC, which is only fear, because BTC is deflationary. For the longterm I think, investors will buy again and understand that BTC is a good save asset.
A bearish signal is this wedge that formed, it could bring BTC a correction of 50 percent (not that probable). I think we will be catched up in the 30-33k zone and then get a retest of 42k. But I am careful and lowered my positions (no financial advice!).
Hope I could help you!
US30 Dow Jones Crash on MondayNice expanding cone to the downside.
Will likely crash through the week into the FOMC meeting.
NEAR/USDcheck my TA
NEAR will drop soon
i see HNS pattern wich is bearish
i think near will drop 20%
GL
Bitcoin Bear Market DropBasic Chart Details:
- Use the 50 MA
- Use the 200 MA
- Use 3 Day Chart BTC
- Fibs are confirmation of bearish trend hitting targets.
Theory
- This is a bold call. I predict the collapse of the market coming once the 3 day MA's get closer.
- Exact same scenrio happend in 2018. I hope to wrong.
- Counter arguement would be that we go on rally from this point and the MA's never meet an pump to ath.
- 75% Bearish odds to 25% bullish odds
- Not to mention. Most stock index's have already had this play out.
DOGEUSDT DailyHi guys
According to the price pattern
And market price trends are likely
Will experience an 18% drop
NZDUSD - Potential Bearish Here is a new SELL Scenario for NZDUSD , there is here a very high probability for this pair to fall
JamdeJam will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals
USDJPY - Price need to cool downHere is a new SELL Scenario for USDJPY , there is here a very high probability for this pair to fall
JamdeJam will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals
WE GO WHERE?IMA I saw AUDNZD in downtrend,yesterday evining the price reached dynamic resistance and OUR SUPPLY ZONE and give as a potential confirmation in 4H CHART.This makes many trader to look these three createria"RESISTANCE,SUPPLY ZONE and CANDLESTICK CONFIRMATION" and make them,to have a bearish decision to go SHORT,This is a long journey of price in downtrend.we expext more than 2 mouths the price of AUDNZD will be in downtrend.
InMyOpinion
GBPJPY DROP ??!Risk : Reward
1:100
Use Proper Risk management.
Move SL to breakeven if price goes to 145.44
Trading Success = Edge + Probability + Risk Management.
Trade Safe ✅
NZDJPY H&S Formation - Huge Sell opportunity Here is a new SELL Scenario for NZDJPY , there is here a very high probability of head and shoulders formation.
I expect a sell between 80.400 - 80.700
JamdeJam will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals
XAUUSD ShortI am looking to short GOLD to the given TP zone. XAUUSD ought to return to the entry zone to strike it again before dropping.
EURUSD - Huge Drop Expected - Eyes on 1.10000Here is a new SELL Scenario, i expect a huge drop toward 1.10000 during theses days week
The risk aversion to the benefit of the greenback ! (Safe Heaven)
With all the sanctions, and the war ongoing, the situation is not going to improve !
JamdeJam will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals
BITCOIN BET I am ON SELL 8000 TARGETLooking SELL on BITCOIN EXPECTING an Drop,, as per my Plan. I am Ready to RISK 1%.
There is not much time left until the 35,000 touch by BitcoinThe first target of Bitcoin is 38K and then 35K
90% of my positions are sells and I never use the word if in analysis because I think this type of analysis is just the job of a market narrator.
USDT DOMININCE 6 HOUR UPDATE Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
USDT DOMINANCE breaks out this middle resistance of this big ascending channel pattern now we have expected
that it can retest the middle support then bounce up to 5.52%.
let's see how the candle closes.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section
