Dump
Global Markets Crash WarningThe monthly chart of SPX is looking risky right now. It's about to trigger the Kiss of Death (KOD) bear signal🚨 When (after the sell off) price retraces to 21 period MA, reverses and breaks the previous low. In this case SPX needs to break June 2022 lows to trigger the KOD. The markets will confirm continuation of this bear market, once this break happens. Be careful with your long positions because once we breach June 2022 lows there will be another big leg down. How big? 20-50% leg down possible 💀 We don't expect anything to change given bearish macro environment due to inflation, high yields, strong dollar. The market will bottom once the fed pivots. We are not there yet 👀
Trade Safely, Stay Tuned🌻
ETH Daily chart update.All predictions on ETH went well.this is just a possible path for ETH,too soon to tell but it's good to keep the scenario in mind.
a CLEAN breakout from 1400 zone could lead to higher prices.if this happened,wait for confirmation and enjoy!
I will update this idea later!good luck all!
More downward movement for BTC ?Market seems falling part , things can change in an instance , keeping this in mind the current structure shows it wants to go lower.
Now removing the bias and inverting the chart you can notice like in an up trending market , that this is the 5th time BTC is tapping the $18,500 support level . Which in the case we lose the support the next three levels I will be looking at are the following :
$17,500
$16,000
$12,500
Huge Recession WarningWith the 2022 recession ever coming closer, more hints that it’s nearing appear. One of those hints include this graph, which shows the 1 year bond surpassing the 4% mark, and it’s more than any other bond. For the first time in more than 15 years, the 1 year bond surpasses 4%. The yield curve has been inverted for more than 1 month, and it’s still inverted. At any point Black Monday can happen and crash the market. I believe the recession that is about to happen will be worse than even the 2008 recession. It’s more of a depression, not a recession. The 1 year bond didn’t reach as high back then before the recession.
TVC:US01Y
SP:SPX
BTCUSDT NEXT DIRECTION, CRASH OR PUMP?1D BTCUSDT,
Bigger picture: Bitcoin has formed a descending triangle, inside of it we could also notice that we have got an inverse head and shoulders pattern. On the small timeframe we could notice that on the last 8 days we have formed an Eliott wave corrective pattern, expecting our (A) corrective phase to end here at the demand zone of (Point of control) for this whole period since we tested the bottom. Which will take the price back up to the (B) Phase where we should be testing the CC Level (0.618 Fib) of the drop, testing that level cannot be promised tho, the pullback could be weak. But what I know is that our (C) Phase is going to end up around 19500.
Let the market generate more information for us before we take any actions, stay safe brothers! We will keep you updated.
ETH SpeculationCensorship risk
Just three weeks before the expected date of the Merge, financial regulators at the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) dropped a bomb on the crypto world with the sanctioning of the Ethereum-based Tornado Cash mixer. There remain a lot of unknown implications, but many developers and node operators decided they needed to protect themselves by unilaterally censoring transactions associated with Tornado Cash.
The Merge makes moments like this far more worrisome, for a variety of complex reasons. Proof-of-stake-based settlement is widely expected to concentrate more power in the hands of the biggest Ethereum stakers, including very public entities like Jump Trading.
These entities may, in turn, be more susceptible to pressure from entities like OFAC, which could lead to “base layer censorship,” or systemwide refusal to process transactions associated with entities sanctioned by governments.
This is a worst-case scenario and, hopefully, it won’t happen. But the fact that it’s possible, and would undermine the system neutrality that should be part of any blockchain’s core value proposition, is a real cause for long-term concern and vigilance.
Swings Get Swept. Etheruem DUMP?Titles: SWINGS GET SWEPT by: Master Jedi Trade & Sesni of #SniperGang
The narrative goes:
Swings get swept.
The Market is pretty predictable when it’s not. There is an overall framework; context that the market adheres to in the overall scheme of price movement.
To wrap your brain around the synchronization; intricate moves, dips, and spikes going up and downs ... you must apply a very obsessive eye for detail and precision.
Then you have to have vision and flexibility.
The vision to see ahead and the flexibility to understand when price goes against your analysis.
This pretext leads us to these 3 OBJECTIVE FACTS:
1. The market goes up
2. The market goes down
3. The market consolidates
Now add another object fact that the market does this move called Stop Hunts. These Hunts HUNT all liquidity. Aka stops: aka MONEY $$$ above structure.
Now structure is subjective and deals in the psychological aspect of traders. Nevertheless the algorithm understands human psychology and hunts the stops above and below structure.
This 4hr chart demonstrates this from a 50k foot perspective.
What we know is The dump began today at 12am when the algorithm resets. There are no coincidences in this space.
Swings get swept. Swings look like wicks on higher time frames. #SAUCE
I see price eventually dumping to the mid 16 low 1600 levels.
Drop down to your 15min TF and find an entry. Set your lot size. And let it ride✅
Never Over Leverage.
Crypto is super volatile and the stop hunts are brutal.
Trust your set up. It takes time for anything great to manifest.
Have Fun!!! And a great Weekend!
VITE/BTC Looking 🔥 2000% PROFIT?!VITE/BTC
Vite has built a Directed Acyclic Graph (DAG) based smart-contract platform, with a Snapshot Chain structure to facilitate zero-fee transactions and optimize transaction speed, reliability, and security.
Technically lying above strong support. RSI is in the oversold region. MACD is showing bullish momentum. It will pump hard from here. so now is the right time to build your position in it before breakout for massive profits😊
Targets: 142-185-240-300 satoshi
EGLDUSDT Bearish Cancelling EGLDUSDT long, this is what I call beartrap, they are forming a falling wedge on the 4hours timeframe and trying to make us forget that we recently have broke below a bullish flag, many people will try to long here meanwhile they are taking us to the double TOP on the retest of the breakout. We warned you first! ;)
Short SPX if it can not reach the endpoint of yesterdayThe most likely scenario is that we will se a gap towards the resistance and with it BTC will fall. Eventually, if we hold the blue line we can continue the trend to the upside. If we break through then we might see a very bearish market.
Do you think recession is in?
Bitcoin on the edge of a cliff!Retail trader are still not giving up their long position, every one wants a big part of the cake.
The market makers are holding their short position. Exchanges are waiting for the moment to dump all longs to liquidation. (watch Coinglass and check MDXalgo).
Volume is increasing, most of miners are taking profits, you can check this in famous mining stocks. $DXY is showing a potential double top, but is still not showing any weakness.
Anyways the indicators are showing us that we could prepare for another leg downwards. MACD is showing a potential overbought scenario and RSI is dumping.
Good luck, don't get rekt always play with stop loss.
BITCOIN MAY FALL TO 10K IN Q4 2022This is a follow up to my previous idea
I posted an idea a few months ago about how BTC likely won't go any higher than 200 DMA, and so far it has been following my outlook very closely.
Bitcoin bearish outlook using 2018 data.
I have been closely observing 2018 bear crypto bear market and have been studying it since last year.
There are quite a lot of similarities between 2022 bear market and the 2018 bear market. If you look at the charts, some of these are quite obvious such as
- Blow off top in Q4 2017/2021
- A little rally in spring 2018/2022
- Couple red months in a row in Q2/Q3 2018/2022
- Dead cat bounce in summer, green monthly candle in 2018/2022
So now we will look at what the BTC price action may look like if it continues to follow 2018.
- The next couple months, like Q4 2018, would see the bottom of this bear market and have prices get to levels that could take many people by surprise.
- November/December 2018 saw the market bottom out and gave a great opportunity of a life time, this may be the case again.
- Also there are more factors here than just following 2018, such as:
- More interest rate hikes
- Negative GDP
- Quantitative tightening
- Inflation continuing to get worse with soaring prices
- Another possible covid variant
- More countries have economic collapses
- Gigantic stock market crash, perhaps as much as 50% as per Michael Burry's outlook
- Traders and retail choosing to cash out to pay their loans to avoid higher interests, or to afford basic needs with higher prices
- People losing their jobs and more getting laid, having to take out their investments to support their families
I have only charted upto Jan 2024, simply because it may be a bit harder to predict what happens after. In 2020 we got the covid crash, odds of another unpredictable global pandemic in 2024 are very slim.
Also, the fed has mentioned that they could possibly start printing again as early as 2024, which also happens to be very close to the Bitcoin halving.
And since we are making this based on past BTC trends, the halving always happens to slowly kick off the next bull market.
To sum up:
A) Bitcoin may fall as low as sub $10,000 in Q4
B) Mini bull market in first half of 2023, similar to 2019
C) Resume bear market in second half of 2023, similar to 2019
D) Getting to end the bear market in early 2024 and starting the next big bull market, similar to 2020
BINANCE:BTCUSDT BITSTAMP:BTCUSD BINANCE:BTCUSDTPERP COINBASE:BTCUSD BINANCE:BTCUSD BINANCEUS:BTCUSD INDEX:BTCUSD BNC:BLX NASDAQ:BLX BITMEX:XBT FTX:BTCUSD FTX:BTCUSDT BYBIT:BTCUSDC BYBIT:BTCUSD KUCOIN:BTCUSDT BITFINEX:BTCUSD
Told YouHi everyone,
Lastly, I posted an idea about BTCUSDT, if you have been following me, as I explained the factors that will lead us to the next dump, which it did.
As we broke the last minor support, I think that right now we are just retesting it as a resistance; then, I think that we are going at least to the next support shown on the chart. Although, since we had a lot of volatility the last two weeks, I think the next short-term dump will be a bit slower than the ones we just had lately.
Therefore, I think that we are still bearish in the short term and are going to make new lower lows.
Please comment if you have any questions, I will try my best to answer them.
Thank you😊
BTC for the Downtrend BTC looking for a blood bath ?
9.15 am ( 5.30 + UTC ) BINANCE:BTCUSDT looks like for huge downtrend momentum with large volume portfolio. It s seems to gone around 18,500 - 19,000 range. Here is the one more confirmation thing to say ; 0.236 Fib Level available in around 18,500 - 18,900
*Let's see what will happen*
BITCOIN LONG!!📉Maybe Before a dump a small pump is to come, So to ensure safe and also a profitable trade this is the possible time where you can take a long position. Not much of a profit but maximum u can get in these smallest pumps too!...
Long Position Trade :
Entry Price - 21,500
Take Profit - 22,500
Stop Loss - 21,176 (Yeah I know pretty much a tight Stop loss, but it's nothing to worry but a safer trade)
⚠️NOT A FINANCIAL ADVICE