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Fud!

#AAVE - DeFi protocol AAVE faces bad debt and centralized points#AAVE - DeFi protocol AAVE faces bad debt and centralized points of failure Broken key support now along with some very bearish news. Unlikely new money will be going in even if there is a bullish turn from BTC. Hopefully should be a pretty safe bet here. protos.com 🟪 #AAVE/USDT • 🐻 Strategy: Short • 👉 Exchange: Multi-Exchange • 👉 Account: Futures • 👉 Entry mode: Market order in range • 👉 Invest: 0.59% • 👉 Leverage: 10x CROSS • 🚫 Stop: 56.71 (-84.7%) • 💰 Entry: 52.28 ⌁ 52.85 • ⎿ Current market price: 52.28 • ⎿ Target 1 : 45.04 138.5% • ⎿ Target 2 : 42.68 183.6% • 📊 Technical indicators: • ⎿ 24h Volume: 63355957.71 • ⎿ Satoshis: 52.28 ​
Short
by Kryptochristian
3
Great fear on the CRO token !!!Hello everyone, let's look at the 4H CRO to USDT chart as you can see that the price is moving in the downtrend channel. Let's start by setting goals for the near future that we can take into account: T1 - $0.0725 T2 - $0.0773 T3 - $0.0819 T4 - $0.0862 and T5 - $0.0917 Now let's move on to the stop loss in case the market goes down further: SL1 - $0.0604 and SL2 - $0.0501 Looking at the CHOP indicator, we see that the energy has been used up on the 4H interval, and the MACD indicator indicates a local downtrend.
by cryptodailyuk
1
Some funds flowed from BTC market into ETH market2022/4/12 Some funds flowed from BTC market into ETH market. COINBASE:BTCUSD COINBASE:ETHUSD COINBASE:ETHBTC Stablecoins Exchange Reserve did not increase or decrease significantly as BTC&ETH prices gradually fell, this could represent a transfer of funds between different currencies like BTC&ETH&Others. Pic.1: upload.cc I discover some funds flowed from BTC market into ETH market, and ETH Exchange Reserve also hit recent lows. On the other hand, ETH/BTC chart shows that ETH market has been stronger than BTC market since 3/15. Moreover, we also can discover that ETH Dominance gradually increases, while the BTC Dominance gradually decreases since 3/15 (Analysis of correlation is negative). Pic.2: upload.cc Btw, market data like Exchange Reserve and ETH 2.0 Staked is still very good in the long run. Pic.3: upload.cc Based on the above data, I think ETH market will perform better than BTC market in the future. Pic.4: upload.cc Enjoy the volatility ^_* -------------------------- Analyst of cryptocurrency Yu-Shiuan Chen (CryptoQuant & Tradingview Taiwan)
Long
by Analyst_YuShiuanChen
Bitcoin FUD Update - Support has Broken! Will it be Confirmed?Traders, Quick evening update. Ya'll know I don't do this unless something unusual has occurred or is occurring. In my last video update on Monday , I mentioned that we needed to be a bit cautious this week because BTC loves to throw us a wicked curve ball every now and then. And that is exactly what seems to be occurring here. Recapping that video with a BLUF, I would state quickly that I was hoping for more of a retest of our support (which we did get). However, I was hoping that support would hold and that we'd move sideways through Friday. My cautionary flag, if you remember, was that everything seemed to be playing out precisely as expected for the last several weeks and when that happens, experience has taught me, be prepared for something new and different. And here we have it. A strong dip below support as the shorts go on the prowl for all those leveraged longs. Now, remember, I stated that we needed some good test of that support for me to really become more bullish. This dip below support is even better that I could have asked for. And I am super excited to see what is occurring here as it causes me to become even more bullish than even I expected to become (and I am a strong bull above that BLACK ascending trend line as you all know). So, here are a couple of things to note on my noisy chart: #1 - Doing Fibonacci from the wick low on March 14th to the wick high on March 22nd gives us some good levels. #2 - .618 Fib retracement intersect exactly with the 100 day ma which is also intersecting with the 50 day ma. This is huge! And this area of confluence provides us with such a strong support that it as if it almost repels the price above it from coming down to touch it. It will be difficult for the bears to get that contact but if they do, it will act as a trampoline of sorts to propel us upwards rapidly. #3 - .618 is a common retracement level and is often reached in a drawback. However, %50 retracement is also common and we have currently reached that level which is intersecting with an already drawn support level I had at around $43,000. Will this hold? Here are my expectations: #1 - We are back in the FUD zone. I don't know what happened news wise as I have been on a bit of a vacation around here, but I did see that the VIX spiked quite drastically: This spike in fear has obviously carried over, whatever it's cause is? But my charts are showing me that this fear my be quick lived. #2 - The dollar has done the expected and become even more bullish (as I already outline in the last video). When the VIX is up and the dollar is up, it's almost a 100% guarantee everything else will drop. And that is what has happened. Really, I don't expect us to spend too much time back in this "FUD ZONE" area. When I say "too much time" I mean that it won't be months again like it was last time. The bulls have signaled that they want to move higher with our break above $45,000 resistance last week. Liquidity is drying up (another reason for the quick drop) - a very bullish sign. And long term hodl'er wallets are at an all time high as $$$ moves off of exchanges to hard wallets. If I had to guess, I'd say were probably already almost done with this current drawback. Smoked out most of those leveraged longs and now we can proceed once again according to game plan. Maybe another day or two (a week at the most) is my best guess and we'll be on our way up and back over that support zone again! Take care my fellow traders, -Stewdam.us
INDEX:BTCUSD
by stewdamus
2
Actually useful information: Lucky St. Patrick's DayToday, March 17th, 2022, is St. Patrick's Day. Statistically, the stock market had an above average chance of closing green; 80%. For weeks the media has told us that all the down moves in the market were due to Ukraine. I guess that is over now? The talking heads also made correlations to "interest rate fears" being the cause of the correction yet the market basically YEETed off the "more hawkish" Fed yesterday. The media has no clue. Their job is to sell ads. If you the reader/watcher/listener happen to be informed it is a happy accident. I am a trader. I need actionable information and repeatable patterns. I find a far more useful tool for trading the markets to be statistics... far better than trying to trade the news. This graphic is from an article published today on Marketwatch. This kind of thing is my jam. There are a few highlights I find interesting. The market having a very high probability of a green the day before 4th of July makes logical sense. It's also an anecdotal experience I can now quantify with this data. Why August 30th is such a definite outlier I cannot say... but you can bet I will have it marked on my calendar as a unique market holiday. Source: www.marketwatch.com
AMEX:SPY
by norok
3
Buy the Dip? The stock market just did THIS!One of my must trusted signals for false breakout opportunities just triggered in the stock market on both the Nasdaq NASDAQ:QQQ and S$P 500 AMEX:SPY . If you are a regular viewer of my content you have seen me talk about this setup before as it is one of my most trusted fundamental strategies of my trading. Win or lose THIS signal we got on the Russia/Ukraine FUD is going to go down as a textbook example I will use to teach the setup for months and years to come! I am super excited to share with my viewers in real time!
NASDAQ:QQQLong
by norok
7
Bitcoin and the Stock MarketDisclaimer: This is written for entertainment purposes only. I am not licensed or certified to give financial advice, an no publication may be interpreted as such. I am not responsible for any financial loss or damages. You are responsible for doing your own research and forming your own ideas and theories. Thanks for reading! Bitcoin has been all over the place lately, it is important to understand why and what has been driving its price movement to decide if you are bullish or bearish in the short term. There is a lot of speculation lately regarding whether the bottom is in and the next bull cycle has already started, or if the downtrend will continue. BTC tends move with, and sometimes even lead, the NASDAQ. The correlation certainly isn't perfect, and it wouldn't make sense if it were perfect given the different trading ecosystems of the former and latter. Bitcoin has the opportunity for its price action to react to market news immediately 24/7, whereas the NASDAQ is only active a portion of each day. That being said, according to Bloomberg, Bitcoin's 40-Day correlation coefficients with the NASDAQ are at all time highs: 0.66. One cannot help but wonder if it is a coincidence that the stocks in the NASDAQ trade for about .58 of a full day compared to BTC. The chart below helps us visualize the markets over the last 6 months. The DOW, S&P, abd NASDAQ have all been in a short term downtrend, and currently stand around close to zero net change over the last 6 months approximately. Interestingly, Bitcoin and the NASDAQ topped in November of 2021, followed by the S&P's and DOW's tops in January. There are two major questions we need to ask ourselves regarding Bitcoin in my opinion: 1) If the stock markets continue to decline, will Bitcoin decline also? 2) What could catalyze these markets to turn around all together right now? 1) This does seem likely. Given the recent high correlation between BTC and stocks, and if we assume a catalyst is required to change this, we can speculate on what might trigger this kind of change. We need to form our own opinions on this. In my opinion, there are two potential catalysts that could realistically make this happen in the short term: -Bitcoin SPOT ETF Approval by the SEC -Positive SEC regulation/guidance regarding crypto 2) To answer this question, we need some context first: The FED, led by Jerome Powell, was previously on team transitory for months, and it seemed somewhat logical. There was a major (deprecating) catalyst prompting an enormous pivot from retail to online shopping (COVID-19.) This sudden market pivot spiked the rate of inflation, and as time goes on, prices would theoretically revert to a normal rate of inflation if team transitory were winning. The FED expected inflation to spike by late 2021 in this model, which has not happened, and this is why they no longer use the term transitory. It is speculated by some that this model was correct and dirsupted by the Delta variant. The FED has been punctual recently regarding its plan on fighting inflation. Jerome Powel has said time and time again that the FED does not want to disrupt the jobs market, which has seen increasingly strengthening reports. A bad disruption could lead to a wage-price spiral, hyperinflation, and then ultimately the destruction of the US dollar, if not handled correctly (this would be a worst case scenario and the FED's strongest priority is preventing this.) The FED has been tapering off quantitative easing (injecting massive amounts of newly created money into the economy via the purchase of mortgage-backed securities,) and the taper is almost complete. The time to transition to quantitative tightening is rapidly approaching, and it is widely speculated that the first interest rate increases will result from the upcoming FED meetings. The overall lack of certainty and confidence that the FED has inflation under control is the primary driver of market FUD currently. Fear of a recession is extremely powerful, and if the FED does not respond appropriately, the consequences may be severe. If you believe the FED will raise rates, then you must speculate on whether or not the stock market has already priced this in. It is in the general view of the FED that valuations are very high, which implies that the markets are generally overbought (in their opinion.) The FED uses monthly Consumer Price Index reports, amongst other tools, to track inflation. CPI reports are still indicating increasing rates of inflation. To answer the question, the markets would want see the FED keep rates at zero for the market to bottom. More specifically, we would need inflation to decline without intervention. Ultimately, you need to make up your own mind and do your own research. I write these summaries to provide context on what is going on, it is your responsibility to decide what you think will happen and trade/invest accordingly with your risk tolerance. Technical Analysis Bitcoin is trading at interesting price levels currently. The 500 Day moving average (orange) is just above $41,250. Bitcoin has not traded below this level since March of 2020, and this level may indicate an extended bear market for Crypto if support does not hold. The 12 day moving average(light blue) has also converged to a similar price level, leaving us in a very pivotal time. The descending channel is drawn out in red, and we will discuss what a bull and bear market may look like. The Bull Case Bitcoin needs to find support. If we find support at the 12day/500day moving averages, then we may expect a retest of the upper bound of the descending channel drawn in red. A clean upwards break of this channel is bullish, and then Bitcoin would need to set a new local high over 45,850 to establish an uptrend. The Bear Case Bitcoin does not find lasting support at the 500 day moving average, and tests the yellow trendline. If the yellow trend does not hold up, then we may see a test of the lower bound of the current downtrend around $27,000 Final Remarks It will be wise to closely monitor the actions of the FED over the several weeks and months. They have the power to move markets, their number one concern is inflation, and monthly inflation reports are coming in high. Interest rate hikes are the primary combat to inflation for the FED, and if you think that is what they will do, you need to determine how you think the market will react. We have some decent trendlines to use for guidance, and time will soon tell where the trend will go. Thanks for reading, good luck!
COINBASE:BTCUSD
by CryptoRichCrypto
The FOMC Did Bitcoin No Favors... 📉Bitcoin has rejected highs at $38K, following the FOMC. We saw choppy trading and an eventual dump after the Fed noted that it is entirely possible that they raise rates every subsequent meeting of 2022, while leaving them unchanged this particular meeting. This and the fact that inflation is the highest in a generation has weighed on global assets with Bitcoin as no exception. We appear to be seeking support around $35.5K, with $34.9K the next technical level lower. We saw good support at $34K if we press lower than that. If we rally, then we will have to break $38K which seems a lofty task at the moment, in order to establish a bull trend and attempt to claw back the $40K handle. We don't expect a recovery for the crypto market until after tax season.
BITSTAMP:BTCUSDShort
by quantguy
Long SPYThe Media is always talking about the federal reserve to create FUD. Nevertheless, it was inevitable for the SPY to fall when it has been extending for so long. We are seeing a correction, and, in my perspective, I am still bullish for the SPY. Some say they see a head and shoulders pattern at the top, or the formation of one. However, the line that I freehandedly drew is the line that best fits the points on the graph--Linear regression. It is likely that we will see volume increase around this area. It is not necessarily a "key area" but rather the mean of the slope. Perhaps the FED will raise interest rates, perhaps they will not. Stay adaptable and stay safe
AMEX:SPYLong
by Integrity_Investments
Has Bitcoin Bottomed??Bitcoin dumped for most of the day yesterday, finally finding support at $33K. We saw support just above our level at $32.3K, confirmed by a green triangle on the KRI. Subsequently, we were able to rally back to the $36K handle, breaking $36.7K barely, and making a run for $37.7K. This is the type of buyback we'd expect at the bottom, so we will see if current levels hold. The Kovach OBV has picked up notably, but may be showing signs of waning. If we are able to keep the momentum up, then we will have to definitively break $38K before we can regain the $40K handle.
BITSTAMP:BTCUSDLong
by quantguy
Bitcoin Makes Lower Lows!!Bitcoin has taken another nose dive. We appeared to be finding good support in the $34K handle, but a sharp selloff took us down to support just above $32K. We are just $3K away from our final level of support at $29K (see the longer term analysis linked to this article). This is the bottom anchor of our daily Fibonacci levels. If we break through this, recall that the next level of support is around $19K. If we are able to see a relief rally, the next targets are $34K and $34.9K, with a likely ceiling at $36.7K. The Kovach OBV is still abysmally bearish, and keeps edging further down, confirming the selloff.
BITSTAMP:BTCUSDShort
by quantguy
Bitcoin Carnage: What to Expect From Here??We have been calling for a Bitcoin correction since highs in November of 2021 (red arrows on the chart). We even gave Fibonacci for areas of support, all of which were validated during the selloff. It seems that cryptocurrencies are becoming more sensitive to things like interest rates and inflation. The global markets have sharply corrected due to the Fed's increasingly more Hawkish rhetoric, and the crypto markets are no exception. They are in a tough position. Their task is to combat inflation with the only tools they have available. Despite the fact that the economy is still fragile, they seem to be gunning for 4 rate hikes in 2022, a decision which the markets are not taking lightly. We have been highlighting $38K as the next major level for Bitcoin, garnered from our Fibonacci retracement levels. Subsequently, we have breached this level, and are currently in the vacuum zone between $29K and $38K. We do appear to be finidng some support, confirmed by a green triangle on the KRI around $35K which is the upper bound of a congestion zone from July. However, we aren't seeing the kind of buy back we would expect from such bargain prices. From here, we may range a bit and attempt to establish footing. Expect a consolidation pattern like a flag or wedge to form before Bitcoin makes its next move. Currenty levels seem to be critical to stop the selloff from hitting $29K. If they don't hold, this is our next target. The Kovach OBV is extremely bearish on the daily chart, and does not appear to be showing signs of leveling off. If the rout continues and we hit $29K, then the 0.236 Fibonacci from early 2021 suggests that $19K is the next target, which roughly coincides with 2017's high before the great crypto winter of 2018. If we do manage to see some buying come through, then $38K and $40K will be significant barriers to break and we anticipate a lot of resistance here. BTC had been flirting with levels in the low $40K's for months, establishing solid technical levels in this neighborhood. If we are able to break these, then $44K is the next major milestone.
COINBASE:BTCUSDShort
by quantguy
3
#BTCDAILY - 6.DEC.21 MACRO LOOK AT BTC#BTCDAILY - 6.DEC.21 MACRO LOOK AT BTC What a few days!!! We have been dumping now for about 24 days - so if you've made it this far without selling or DCA'ing well then keep it up! Although we will probably have a little further to go. After taking some further time to look at current movement versus previous patterns $40k-$42k is looking more and more like the bottom to me. I think we are going to move into a descending triangle/downward wedge from here. There is a slim chance of bouncing to $53k from here but SLIM. The support we are on at $46k looks weak. Currently our Key supports are: $46k $40k $30k This is not a FUD analysis but a heads up that I think we will drop further to target stronger DCA buys and accumulation. Things to look out for is key adoption (Amazon, Ebay, Apple), Spot ETF (Grayscale, ARK), national adoption (similar to El Salvador etc.) or even PayPal opening the doors in other markets to turn the tide.
by Kryptochristian