The Kiss of DeathThe price of SPY breaks through the 21-day exponential moving average after achieving all time highs.
Kissofdeath
BTC USD Bat Harmonic TargetsBARR (Bump and run pattern forming after the XABCD Bearish Bat Harmonic Pattern at D (entry point)
Entry Level around 30k, and then 2 x Retracement Targets at 0.618 and 1.272
Incoming Kiss of DeathJust another perspective for the next month.
For first the kiss has to happen, for second the confirmation has to happen.
Multi timeframe analysis: S&P Kiss of Death leads to BTC crash? S&P500 is forming the so called Kiss of death that is a strongly bearish signal. We saw that in the last years BTC and the major american indexes showed some correlation.
Bitcoin is approaching a really strong resistance area and in my opinion it will be bounced back and in this video I will show the Short position I will be taking with a 2.6 R/R.
Enjoy the view and let me know what you think.
Comment&share here your visions and ideas. Leave a like to support my work.
USDJPY - I wouldn't mind some kissing ;)This pair is plotting nice box, which can be opportunity for kiss of death. For greater chance, I'd like to see something similar as in the beginning of March - break out with strong candle, "kangaroo tail" or whatever we can call it, and then again retest of box border. Stop loss would be set somewhere in the middle of the box - line chart can give more clues. Area of interest for target is coloured green.
Line chart:
March kiss zoomed in:
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
CADCHF - multiple short entriesI'll split this one into three entries. Stop loss will be lowered, if not all will get filled in.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
GBPUSD - boxes, againAnother pair, which could repeat history and say goodbye to highs with a deadly kiss. Could take a little less time, though, and zooming to lower timeframes for some additional pips on deadly kiss moment - refer to 1H chart of the first box below.
T1 is orientational first target, but let's wait for trade setup.
1H chart of the first box:
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Can the Kiss of Death send Bitcoin to 2300?Pattern: Kiss of Death on 1M.
Signal: Bearish.
Target: 2300.
This is a typical bearish pattern. The price falls below the 21EMA and revisits the line from below, "kissing" it and getting rejected. In 2014/2015 it bottomed after a -61.27% fall. The same degree puts the bearish target/ bottom at 2300. The duration of the 2014/2015 pattern until the time it broke the 21EMA was 395 days. This places the start of the next bullish run on December 2019.
S&P 500 goes back below 2000 pointsTo complete the cycle, the S&P 500 is poised to trend lower until the end of October or longer. Profit taking and bad reports about missed earning estimates can increase this downtrend, if the 100 day SMA isn't broken bullish and instead creates a "kiss of death".
Short entry: 2027
Stop loss: 2065
Target: 1890
My last two related charts:
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