Get started

Dump

BTC: RETEST PHASE!!Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BTC/USDT update. First of all, do not panic. We already expecting this retest and also told you in my previous BTC update. As of now, I'm expecting the BTC to retest to the $45k level or we might see some quick spikes to $44k so stay cautious with your leverage positions. After this retest, we can expect a nice pump in the price of BTC and many other Altcoins. So the plan is as of now to avoid leverage trades until you do not see any bullish divergence in LTF. Hold your spot positions. No changes in spot positions because BTC is still bullish. What do you think about this? Do you think this retest is over at $45k or do we see a lower price? Share your views in the comment section. If you like this idea then do support it with like and follow. Thank You!
Long
by CoreCrypto1
12
ICARUS PATTERN - WINGS GONEIcarus flew too close to the sun and lost his wings out of selfishness and curiosity. The price action for Bitcoin was insane today, although I didn’t expect it to last. We approached the top of the triangle pattern and rejected $42K as expected…..For Now I remain bearish as the market is due for a massive correction. Stock markets look synthetically pumped up there’s no reason in the world we have such a booming market besides screwing over other countries with sanctions and then inflation which nobody seems to care about until next week when we see a TON of profit taking and dumping. Purely speculative. This growth cannot be sustained, the market makers are literally just waiting for retail dumb investors to buy into Bitcoin and then they will send it back to $20K maybe even $12K some models are predicting the retrace to macro support line. We need a lower low to get above and beyond. Once again, we do not have the common goal aligned to get BTC to $100K because the rich are going to keep us in the market cycle. Currently shorting Bitcoin to $20.5K from here. Good Luck.
Short
by Fabreezio
1
BTC and All markets are going to dump hard, be carefulthis ideas shows a potential dump, i believe that this dump is happening in near future, if it does not play out, then we are safe, if it plays out then you have to be ready for it, keep strict stop loss to all trades, collect profits as they happen and do not get greedy, moving averages and bollinger bands analysis on 3 days chart and weekly chart both anticipate the worst case scenario (red), daily chart analysis is mostly playing the best case scenario ( green ) or the yellow scenario note: constitutional investors are starting to accumulate huge short positions, im playing for the worst case scenario which is 8-18 k Fibonacci extention shows 9128 while fibonacci retracement shows 10617 note: drawn scenarios are seperate from shown dates, it was expanded for the drawing to be clear stay safe, happy grinding
by flying_whale
2
SPY COULD FORM A MACRO WEDGE - INTEREST RATESGet your tin foil hats ready for this one folks. It's a long shot, but just throwing this perspective out there to see how it lands in a few weeks. SPY loves to form wedges, especially after the breakout of other patterns. In this case, SPY was forming quite the strong channel since September, until it broke out in January (see chart below) Now that it has broken out, and volatility is at its highest, one potential outcome is SPY / SPX forming a wedge to calm the storm. Here is where it gets interesting - charts also love symmetry. The price action on one side of a pattern often times matches the price action on the opposite side as well (time is a factor that affects how this looks on the chart, either squeezing or elongating the trends) Before SPY dumped in January, it had a stair stepping, wedge-like pattern on it's way up - which took 200 days to reach ATH from $415 (a key level). SEE BELOW Now here is where the tinfoil hat comes on. So far, SPY has mimicked the double bottom formation first seen on the left side. SEE BELOW Notice both form a 'W' shape, with the left side having less volatility, and therefore having more time to form price action (30 days) The right side having more volatility, formed a similar pattern in 10 days. 1/3 of the time This would make sense if we also look at the volume, which is on average 2.4x higher than last September / October. Following this same logic, we should reach 415 in approximately 1/3 the time it took for SPY to reach ATH from 415 (200 days mentioned previously.) That means it would take ROUGHLY 66 days to reach 415 from ATH -- March 11 -- The Friday before the first released rate hike and when the FED will release their interest rate plans. This would put the March 15 - 16 FOMC meeting right at the vertex of this wedge. The MACD also confirms this in a way. If SPY continues its current MACD trend on the Monthly, it should approach baseline in March, flipping red (Take a look at SPY chart, and what happens when the monthly MACD flips red without a catalyst like the FED meeting.) It also means we could see a more volatile spike to around 460 in the very short term (first week of February or so) and then a trend down from there. What are some problems with this perspective? It's based entirely off of connecting dots that may not even be there. Also, with all of the news and volatility happening right now, SPY could do something completely un-organized and un-predictable, but it doesn't hurt to try. This post was written largely for fun, and I'll keep the analysis in the back of my mind. However, I do not plan on basing any of my strategies or trades on the idea alone. Let's see how poorly this ages ;) - Thanks for reading!
AMEX:SPYShort
by SJ_CAP
3
BITCOIN FRACTAL. Big Move incoming this Monday. 4hr.As we can see there is a fractal pattern forming on the 4hr timeframe. Monday is always a false move and we may see a return to the mean reversal in the middle week. As we can see there was a big pump and dump last week, followed by are small to medium time frame is happening since friday, we may see a big sweep playout this time , dump and pump. If this plays out, many traders get reked. others will be millionaires. Trade safe. Sending love to all.
Short
by AntonMapzPinoy