Investors, do not panic, relax, and hang in thereThis might be it.
I've seen a video recently "A Guided Meditation for When the Stock Market Is Dropping"
Loved it. A video to help reassure and relax bagholders.
"The market always goes up over time" I keep hearing this over and over and over.
It is so absurd, so stupid, but every one keeps repeating it.
Complacency much?
All these investors need a harsh lesson.
"Last time they said" "Bears are wrong".
"Just do nothing" "Market drops it is perfectly natural".
Except the stock market has spent more than a century in a range at once in the past, and it is only 500 years old.
Going to be great to see the paradigm of "blindly invest 100 bucks a month since you are young and you will be a millionaire with no effort by 50" crash its face on the ground.
"Zoom out" "Always go up". Hehehe let's see where those people are when the SnP goes 3 digits.
I have had this idea for a while, and was thinking the dow would top 27000 to 33000 then the big crash would happen.
Price to Earnings, Price to GDP, Revenues, What revenues should be, inflation, rational measurements.
They all say it is way time to go down.
Emotional and dreaming people think "price go up forever dis just noise", especially boomers. They have only known a bull market maybe?
Well bubbles have to pop and nothing "goes up magically forever with 0 effort 0 risk not even having the patience to wait for cheap prices"
Does this really make sense? Getting rewarded for absolutely nothing...
Would have been nice if friday the 13 would have had a huge crash but probably recovers for now awww.
People especially in europe terrified of covid-19 coronavirus when it's been declining and almost no new cases now in asia, and this clown of a french president said yesterday "it has just begun" and "it is accelerating at an alarming rate so we are shuting down the country no school work from home non urgent patients are cancelled and so on".
The irrationals will lose money, the rationals will make money.
US democrats hate Trump so much they will do everything they can to help this market go down, they LOVE the price falling like this.
So the woke US irrationals are the ones to want the world stocks to go down down down down, pretty neat.
And boomers are going to be so desperate after losing their retirement, they'll be tempted to vote for free stuff dems in 2024.
Which will mean more bear YEEEEEESSSSS!
I wonder who will be the 2024 dem nominee? Tulsi Gabard is being ignored, probably because she is moderate and won't bow down and pro freedom at least partially.
They want a wahman do'nt they so this would be nice... Or an 80+ yo bernie? xd Or some other complete nutcase... Or salamander IQ AOC?
They are scary, if a complete nut gets the power to ruin the country the bear will extend a bit too much.
All is setting up for a mighty mighty bear cycle, and these "infinite free money no effort just buy and hold" are going to learn the most brutal lesson.
I love it!
Keep moneyz to buy cheapy stonks when they drop 80%
FED probably going to print more and more magical money because this works so well, if they keep doing that there will be a revolution of the poor eventually and the result will simply be even worse.
Bear Power!
Economic Cycles
What's A Bear Market? Most Define It As a 20% DrawdownThis chart shows the Dow Jones Industrial Average after today's sell-off. In this published idea, we want to take a second to write about bear markets and what they mean.
In the media, bear markets are officially defined as a 20% drawdown from a prior peak. Today, the Dow Jones Industrial Average closed down 20% from its prior peak. Technically, this means the market is officially in a bear market. There are some interesting stats, however, that show this definition has its flaws. For example, since the 1940s, the stock markets has dropped 20% or more 16 times and only 7 of those have turned into recessions. Sometimes, a 20% drawdown is just that... a 20% drawdown without a prolonged bear market that eventually leads to a full on recession.
This post is not making any assumptions or directional predictions. Instead, we wanted to share a chart with everyone showing the official 20% drawdown in the Dow Jones Industrial Average while also providing more context about market panics and crashes.
Thanks for reading and press Like if you enjoyed this or leave a comment with your thoughts.
FFT & Phase split: LTC teleportation ONPhasing split price and volume by trend cycles then split each cycle in 3 harmonics system by DFT. Cloud are the resultant of each harmonic gradient system in each trend cycle.
LTC has amazingly jumped into its official bull cycle: He is the first of the major to have a reach a positiv super rope resultant (Resultant of a Waves system composed of 3 harmonic). The price may hold along and above this huge rope waiting for green waves army reinforcement.
Asynchronous BTC cycle with some altcoins. How to make money.How to make money on some altas that go completely against the Bitcoin trend or are ahead / behind? How to use it for profit taking? The cycle on the principle of working on btc / usd - alt / usd - btc / usd.
On many coins, a downward channel has now formed, both in the Alt / btc and Alt / USD pairs, most go synchronously to bitcoin. Which is logical, as bitcoin is growing in value in dollars. And on the one hand it seems in dollars, that is, in real money you will not earn anything on this. But some coins, on the contrary, move asynchronously, or at least late to the BTC / USD movement. Very often the difference is quite significant even in pairs to USD. This will be discussed.
There are many pairs that asynchronously go a large period of time Alt / BTC, Alt / USD. I think that it is understood that the price itself does not move as a counterweight, but it is intentionally directed at a certain period of time by people who have their own interest in this.
For a long time I have been watching how this is discussed in various resources on the topic of trading and cryptocurrencies. As a rule, these discussions and explanations do not have practical application, because the explanations come retroactively on the chart.
________________________________________
Explanations of the work.
XLM / USD
As an example, we see that a false breakdown on XLM / USD happened on November 12th. + 80% Then lowering the price to the lower border of the internal channel. And now the price is kept at the same level + - 15%. Roughly speaking, the price is kept from rising.
BTC / USD
At the same time, bitcoin is a completely different situation, although at first glance it seems similar. Just on November 12, a gradual, and then a sharp decline in the price of BTC / USD to the lower border of the domestic channel began, by -22%. And the price immediately rebounded + 20%. Let me remind you after reaching the borders of the internal channel on the XLM / USD pair, the price is kept at the same level, not allowing it to grow.
It is also worth noting that the channels are enormously different in terms of percentage step by XLM / USD and BTC / USD:
XLM / USD - 180% / 60%
BTC / USD - 50% / 25%
I think that you understand that this and the difference in the percentage step of the channel, plus the delay in price movement, is used to take profits. Also, the XLM / USD coin has good liquidity, then you can take substantial profits. In this pair, due to the large liquidity, you can scroll a fairly large amount of money.
Principle of operation.
Here is a simple example on an XLM / USD coin that formed a downstream channel like BTC / USD. But inside the channel, the movement is asynchronous to BTC / USD. Now the price of XLM / USD is moving down to the trend line of the internal channel , which acts as a support, the movement is now frozen in a lateral movement above this trend. Price does not allow further movement.
While BTC / USD, the price goes up to the upper trend line of the domestic channel. At the upper border of the channel, if there is no breakthrough and consolidation above, we sell BTC / USD (sold at the local maximum of the channel). At the same time, perhaps XLM / USD will reach the bottom of the channel. We buy at the local minimum of the downstream channel XLM / USD for dollars that we received for selling bitcoin at local maximums.
Then the whole action is repeated the other way around. It should also be borne in mind that this asynchronous arbitration is a profitable business, but altas always, when trend reversals, are ahead of BTC in profit in making real money. The correct entry / exit point is important. Hurry and greed is never necessary.
I also want to add that in most cases, those coins that are sent to Bitcoin asynchronously are clamped in the horizontal channel. Rare cases, as an example, are higher on the XLM in the downstream channel, even less often in the upstream channel. The reason I think is understandable, as it is a completely manipulative action and it is easier to adjust the price precisely in the horizontal channel. You also need to understand that a certain pair can work for a while. I only know a few pairs that have been working asynchronously for bitcoin for more than a year and a half. This is a gold mine.
Elliot wave perspective on bitcoin dominanceHello fellas, we've seen a huge moves on bitcoin in these past few days and in this specific post, I want to do a quick update analysis about the dominance of bitcoin. If you've seen my previous analysis about the correlation between bitcoin dominance and the bitcoin's price, you should know that lately bitcoin's price has a positive correlation with the bitcoin dominance.
Looking at the chart, I use the daily chart which is pretty consistent for the use of swing trader and has a great confirmation whatsoever. Based on EW perspective, I see that the period between September 5th, 2019 - November 12th, 2019 was the A corrective wave in bigger cycle. And with this fact, we can easily see that the A wave has formed a type of Falling wedges or usually known as a leading first wave diagonal. Usually, after this action, we will see the B wave that correct the action of A wave in this market cycle and the B wave could spike to the upside that moves align with the golden pocket zone.
But, other than that, we must consider the 70% level as a strong resistance for this dominance structure. with the price of bitcoin has a potential to touch again $8000 region, I do believe this dominance will have the similar spike as bitcoin has. The higher dominance level of bitcoin means the higher money inflow of the bitcoin and if more money inflow occur on bitcoin, we will see the demand spike comparing with the number of supply of bitcoin which will affect the increase of the price on bitcoin.
Matic network with possible 50% gain on SWINGThis is a quick update analysis about some of altcoins which have a good potential to grow and produce a possible huge profit in the near future. Let's do the technical analysis.
History is repeating itself is the most suitable quotes on MATIC here. we can see a similar pattern with previous structure in this huge up trend channel. we see a failure descending triangle which it broke to the upside. And in this current move, there is a possibility of it to repeating this previous pattern. A series of higher high and higher low can be a good reason for me to enter this trade.
If the price breaks out of the upper line of the triangle, I will enter the position and targeting the upper line of the huge up trend channel. 2 potential target that have the alignment with the previous price action is at around 230 and 270.
Watch out and let's be rich together.
GBPJPY WYCKOFF SCHEMATICS EXAMPLESHello traders,
we would like to share some value knowledge, about structure based mostly on Wyckoff schematics. As an example u have marked up few areas identify by us on multiple TF to help u deeper understanding about markets and printed structure itself. Please, scroll left and right chart to see multiple examples of accumulation and distribution schematics. Hopefully this will help u get some breakthrough in your trading journey.
God bless u all.
EURNZD WYCKOFF SCHEMATICS EXAMPLEHello traders,
we would like to share some value knowledge, about structure based mostly on Wyckoff schematics. As an example u have marked up few areas identify by us on multiple TF to help u deeper understanding about markets and printed structure itself. Please, scroll up chart to see multiple examples of accumulation and distribution schematics. Hopefully this will help u get some breakthrough in your trading journey.
God bless u all.
Good news! I found the Nokia chartSome people following me might have read about the Nokia example. Well it was here all along.
The name is disgusting, it was 1 of the few I didn't try in the long list of results. No wonder I wouldn't find the right chart.
Posting this idea as BTC because I want more than 3 views ;)
Plus it is the one currently in an echo bubble.
First let me repost the railway bubble chart:
There was 3 echo bubbles, with the last 1 going higher even.
I do not think this is very likely with Bitcoin, facts point to going the sugar & Nokia route.
Typical echo bubble death...
Let's look at the log charts:
Sugar extended down 1.236. Nokia 2.
An extension of 1.236 on BTC would bring the price to ~ 1000, 1.618 would be around 600 bucks.
My favorite part, the linear charts years later:
MoviePass, oh what an awesome scam:
A couple varying examples:
Where are all the fractals?Hello, I do not understand. I saw every day a new fractal showing that the price of ponzicoin would go up.
But now, that we are in a situation exactly similar to Dec 2017, there are no fractal. That does not seem very objective...
It's almost depressing, that the human gene pool contains "this".
BTC went up up up until CME futures opened and then down down down.
The top was the exact day when CME BTC futures were released.
BTC hodlers are repeating the same thing. Exact same scenario.
They are convinced BTC will go to a mighty bull market because of ICE futures. Emmm ok?
I do not think I am being unfair when I say they are thick headed.
Of course, I see these clowns repeat "Bakkt bakkt" I got a feeling that they do not even know what it is.
The futures market is in a duopoly, CME is the biggest one, ICE the other one.
CME GROUP INC ==> 73.7 Billion Market cap. (Chicago Mercantile Exchange). Big on indices, fx, metals, energy futures. Also big on certain agri (Corn Wheat Soybean).
ICE GROUP INC ==> 50.95 Billion Market cap. (INTERCONTINENTAL EXCHANGE INC). Afaik their only big futures are the "other" agri Sugar 11, Cotton, Cocoa, Coffee.
(Actually the 2nd biggest futures exchange in the world is the National Stock Exchange of India and ICE is 3rd, CBOE Holdings are 4rth far behind - 12B mcap - they opened BTC futures the 7 dec 2017).
The ICE is known mostly for the New York Stock Exchange.
The CBOE is bigger on options I think.
The big big futures exchange is the CME.
They have a great site with a ton of content, their products work very well.
I expect ICE futures to do less volume than the CME past the potential hype of the first days, even with all the marketing they did.
BTC might pump short term (good short entry on a double top at 14k) but idk the world has their eyes on Iran and oil lmao no one important will care about your magical internet beans.
I expect the launch to be a complete failure and after that nice flop the ICE will remove BTC futures just like the CBOE did, and only CME will remain.
Just like with all US treasury bonds.
And with all US indices.
And with Oil and NatGas.
And with Gold and Silver.
And with Grains.
And with Copper.
Hehe.
Here is the CME site: www.cmegroup.com
They have daily volumes of about $250 million on BTC (past month).
Coinbase does about $100 million, Bitstamp about $65 million, Kraken $50 million (not counting the euro part that is about as big).
As a comparison, (WT Sweet Light) Crude Oil futures have volumes typically of about 1 to 1.5 million futures a day on the CME, in dollar this means, since the price of Oil is and has been around $60 - 60 million. Nah just kidding 1 future = 1000 barrels, so it's 60 billions. Idk how much brent does, they are mainly traded via the ICE, their site... I just can't... They do 20 times less I think.
E-mini S&P futures do about 2 million contracts volume => 300 billion :D
Gold futures make about $75 billion
10Y Treasury Notes ~ $350 billion I think (and volume oscillates a ton). 1400 times more.
Natural Gas (Henry Hub) that is half as volatile as BTC (sometimes more) does ~$13 billion (not counting options and other products). 50 times more.
Even Grain no one ever talks about that have 3 followers does way more than 1 million reddit subs biggest community than all stocks put together Bitcoin.
These days Corn is doing ~5 billion+ Wheat ~2.5 billion Soybean ~9 billion. Rekt.
And the CME is putting crypto forward. And they are the biggest. Big money is not stepping in. Big money still thinks it is a ponzi.
No one that knows what they are doing cares about magical internet beans (other than to make fun of it).
Even with the immense amount of hype and the massive fanbase around Bitcoin, BTC futures do tiny volumes compared to obscure products such as "RBOB Gasoline" (50 times more volume than BTC, what is this even? xd), "Soybean Oil futures" (even this does 10 times BTC) or "Live cattle" (20 times).
Even Mont Belvieu LDH Propane (OPIS) Futures does more than BTC :D Does anyone know what this thing even is? LOL!
NY Harbor ULSD? I have not a clue what this is, but they have 60 times the volume of giga hype every one talks about it BTC.
Single stocks during the dot com bubble had more volume than BTC as we know anyway.
Keep praying that suddenly big money movers are going to get interested after ignoring your ponzi scheme for years, just because the ICE offers a new way to speculate on it, and gave it its own name, and did alot of marketting. Let me quote Nelson from the Simpsons: Haha!