Market Makers Dump APPLE 8/19The current price on Apple is 174 at the close.
Market makers have been using apple as a way to pump the market before the greatest crash since 2008. Based on volume and open interest of 145c and 175c calls, market makers have created thousand of spreads.
VRVP indicates a midline of 150 so a 145c call would be minimally influenced by theta burn from a quick drop in the market. So what did the market makers do, they purchase 145c calls as "equity" to their spread, PUMPING the price up over time, weeks and weeks at a time, and now selling 175c calls into the market, directly to blind retail traders. What's going to happen if they all sell their 145c calls, that's HUGE equity being liquidated, support levels disappearing and a correction will be necessary to fill the gap.
With calls being at 175, and Apple closing at 174 while testing 175, they maximize their profit on 175c calls because these positions on at the flipping point between being in the money and out of the money, gaining the extrinsic value of momentum for a potential leap above 175, on top of the intrinsic value of being above the breakeven price level.
I expect a HUGE short in pre or today's aftermarket. Because 175c calls will be destroyed, DESTROYED, if apple opens at 173 or less. and what will happen, these 100,000 calls sold into the market are going to realize how saturated they are and when one starts selling next thing you know the calls are worthless and this will cause mass selling.
I truly believe D Day is tomorrow, with these options expiring, market makers will literally just EXERCISE their 145c options and sell them all into the market, in American markets you can exercise calls at any time, especially in pre-market.
Truly fascinating that market makers are allowed to make this, but I guess it's how the cycle sustains itself, destroying the middle and lower class that invest their savings because then they need to work forever as slaves for the people at the top, truly fascinating.
Market
XRP BREAKOUT TO THE BEARS!The price has officially broken out the consolidation range to the bears. The target point for a reversal is still at at $0.28 however there is a few levels of support before the price reaches this point, these support levels were sourced from the fib retracement of the current wedge formation.
The price has bounced off the golden ratio, (62.8% fib) so the price should sit around this area for a bit before breaking lower, ($0.334-$0.330).
The RSI is also pushing oversold on the 4 hour chart. This is a good indicator as a recovery is in sights.
It can be argued that the reason for the price dump along the whole crypto space is based on the current talks about a interest rate hike by the FED which on top of the previous hike, results in a sell off of traditional stocks and assets as we have seen today.
Feel free to comment your opinion on the matter.
Dragonchain £16.5 MillionThe U.S. Protections and Exchange Commission has squeezed charges against Dragonchain for supposedly bringing over £16 million up in a contribution of unregistered "crypto resource" protections — a gigantic sign the controller is extending its campaign against the digital money space.
SEC Files Suit Against Dragonchain
The SEC has hit Dragonchain with lawful activity.
The protections guard dog on Tuesday recorded an objection against Dragonchain organizer and CEO John Joseph Roets for neglecting to enroll £16.5 million in crypto resource protections offering. The SEC is likewise suing three business elements related with Roers and Dragonchain: Dragonchain Foundation, Dragonchain Inc., and The Dragon Company.
The protest, documented in the U.S. Area Court for the Western District of Washington, asserts that the litigants got £14 million from the offer of Dragon tokens (DRGN) in an underlying coin offering (ICO) advertised to around 5,000 financial backers across the globe in 2017.
An ICO is a financing model utilized by blockchain new businesses to quickly raise capital. The organization welcomes financial backers to buy its recently made token or money through a limited presale before it is delivered to the public.Twisting the blade, the SEC likewise guarantees that every one of the three elements and the pioneer sold an extra £2.5 million worth of DRGNs to cover business consumptions and market Dragonchain innovation in the period somewhere in the range of 2019 and 2022.
Dragonchain was created by the Walt Disney Company in 2014. The convention became open source and was delivered to people in general in 2016. Dragonchain, which promotes itself as a cross breed blockchain framework for "tackling business issues at an endeavor scale", has not been in standard cryptographic money news much in the midst of other sprouting projects.
The SEC is looking for long-lasting orders, common financial punishments, and vomiting of the returns.
Roets Says He Has A 'Exceptionally Strong Case" Against SEC Charges
The Dragonchain boss designer is freely getting down on sketchy conduct by the SEC.
Roets, who had recently been educated by the SEC regarding the test, tended to the charges prudently in a letter from May posted on Tuesday.
He vowed to give an exact contention to demonstrate that the U.S. top monetary cop shouldn't record charges against the named respondents for infringement of protections regulations.
"The SEC is singling out tasks to target, frequently singling out the ones with the greatest chance to upset occupant interests, while giving a free pass to other people," Roets declared. "The commission is attempting to shoehorn programming innovation into inconsistent protections regulation from the 1930s. This raises doubt about whether the Commission comprehends the innovation enough to manage it really."
Roets accepts he has a "exceptionally impressive case". Whether Seattle-based Dragonchain chooses to mount a brutal lawful guard against the SEC (like Ripple) instead of settling is not yet clear.
The SEC has for a really long time neglected to direct the security status of numerous digital currencies while constantly contending that crypto resources ought to be brought under the domain of protections guidelines. The organization has rather picked a "guideline by requirement" move toward that has gotten under the skin of numerous crypto lovers.
Last month, the SEC broadcasted that nine of the digital forms of money recorded by Coinbase were to be sure protections. The office is additionally investigating whether the crypto trade allows Americans to exchange such tokens that ought to have been enrolled as protections.
Could I have cracked a code! US30, DJIA, Dow JonesIf we start at (1) Jan 5th All time high and move 51 days down to a new low to Feb. 24th 2022 that would be the 1st leg down. Then take (2) Feb. 24 2022 up 57 days to April 21st 2022 that would be a new lower high. Then April 21st 2022 58 days down to a new lower low to (3)June 17th a new lower low, and finally back up to (4) 60 days up to 8/16/2022. If this is the peak of the (4th) part of the wave, we could see a down turn from here to the 5th and final leg down to the Dow being approx. 26,811 in 60 days OCT 17th 2022.Then a possible bounce back up from this market correction.
EQUITAS HOLDINGS long swing trade first given the cup & handle
breakout and achived the target of FIB 1
then coming down
for the correction
and now taking support
at FIB 0.5 lavels and also at 50 EMA
from this lavels target
could be FIB 1.618 in
few days
GBPJPY WHICH WAY WILL WE BREAK?Pair: GBPJPY
Timeframe: 4H
Analysis: Round number level, trend line, volume profile, support and resistance, pennant
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Key Takeaway: Need a break of resistance and trend line or bounce of both these levels bearish
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Level needed: need a close by either 162.520 (bullish) or 162.260 (bearish)
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Trade: Neutral
RISK:REWARD —
SL: —
TP: --
—————
DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
GOLD ! The potential is exhausted. Price in consolidation💤Gold. The price has exhausted its potential after breaking through the resistance of the descending channel. There were attempts to break through the local zones 1795, 1800, 1809, but these attempts failed. The price moves into a flat phase - the phase of accumulation.
The range boundaries may be defined as follows: resistance at the level of 1809 and support at 1765.
Now correction to the support area of the range and liquidity 1765 is forming. I think it is necessary to watch this place (1765.7 zone)
I assume that the price can test the support and then push back and continue its growth. We are not talking about breakdown of resistance now, we are talking about trading inside the range.
Regards R. Linda!
NDAQHi all,
Due to the optimistic momentum during the CPI statistics, the NDAQ is looking strong.
Usually, 0.702 Fib. is quite important. and can provide adequate resistance at this level. At this point, crypto bear market rallies typically come to an end.
ADX&DI show some momentum increasing. (Yellow line rising)
Possbile to see an inverese head and shoulder forming next?
11% is not a much left until ATH.
More charts need to be examined for a detailed analysis.
Next is DXY, which displays the USD's strength.
Will Market Crash: Another look at SPYYou will find my point of view of SPY using TTM_Squeeze indicator.
The TTM Squeeze indicator looks at the relationship between Bollinger Bands and Keltner Channels to help identify consolidations. The black dots along the horizontal axis indicate that the stock is “squeezing”. It then starts to build up energy to shift to a trending market.
As you may see the Monthly chart of SPY is "squeezing". At one point this squeeze will fire a momentum to an upside or downside which can be determined using other indicators, in this case I am using MACD. Although there is no MACD crossover yet, but the lines and the histogram indicating an upwards trend.
The weekly has an obvious bullish MACD crossover and no signs of curling down. The TTM_Squeeze histogram bars are yellow, short length and is about to go positive. The multiyear trendline shows a trend breakout.
According to these inputs:
1. A new trend which being established
2. I would not expect a crash
3. The multiyear trendline is the new support and I expect SPY to test back real soon which won't be below $408-$415 then another push to $4400s and more
4. The next 4-8 weeks will be kind of flat
5. I would be very careful going short for a long term
6. The bottom was in.
Can these change? Of course, but would be the reason to change? Two things:
1. FED : Fed may go crazy and beyond expectations on increasing the interest rates which will crash the market. No one wants this option. FED may accept this inflation as the new normal and continues increasing the rates by .5 or 0.75 for sometime which will make the market more bullish
2. China-Taiwan-Russia crises: Nothing can be done but Neither China nor US can afford a crisis during this economical structure
On daily SPY is almost at the 200 sma and there is a strong resistance at $430.
What do I expect: SPY backtests the trendline and continues to new ATH's after a consolidation.
I do not advice anyone to be long or short on indexes. Individuals stock have better setups.
BTC/targeting $14.5k - Bearish - Raising Wedge (fibonacci)You propably have heared already about BTC dropping to price around $14.000,
technicaly this is supposed to happen as Raising Wedge after "falling trend" predicts drop of a price once its gonna give up to one of the Fibonacci Retracement Level (0.618 or 0.5 or 0.382).
Good option i could suggest would be observing Higher Highs and Higher Lows if they break and turn into Lower Highs and Lower Lows (that scenario would turn recent BULLISH trend on BTC to BEARISH )
Recently we have tested second - Fibonacci Retracement level (0.5)
the next one is going to be (0.382) and then possible drop max drop range might reach down to $14500
Before going down to $14500 we are going to test $17500 ( strong support which stopped bearish mid term market ).
Even though, with High enough market liquidity that trend could turn into something more positive, and i have little hope that recent HYPE PUMP on ETH will turn this scenario into LONG TERM BULLISH MARKET .
US Pre Market DashboardI'm based in the UK. This is my dashboard to keep an eye on in the run up to the US open. It includes NDQ, SPX & DJI futures (white line = current contract, blue line = contract in front), US Treasury 2/10 and 3m/10 yield curves, DXY, BTC and UK100 index.
On the US index charts I've overlayed spot candle charts to see the difference between spot prices vs futures.
Initially I had 2 layouts, one for futures/pre market and another with spot/open market. However, having tried using both in line and candle formats on the same layout, I'm finding this is suitable for pre and open hours. I frequently switch between hourly or daily, but during pre market hours in the run up to open, it's always the hourly chart, zoomed so that the full previous day's trading hours are visible.
Comments, questions and suggestions welcome!
Trade safe folks :-)
EURUSD TREND BOUNCE?Pair: EURUSD
Timeframe: 4H
Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern, ascending triangle pattern
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Key Takeaway: Need to see a bounce off trend line
—————
Level needed: need a close by 1.02130
—————
Trade: Long
RISK:REWARD 1:5
SL: 30
TP: 156
—————
DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
BTC Will Fall: The War on Fraud BeginsBTC triple topped into the ascending triangle which broke down to the downside, an extremely bearish move. I wondered why altcoins are up and I believe it is because everyone is liquidating out of BTC and potentially into stablecoins.
I strongly believe this investment by the US gov into the IRS is to crack down on illegal principles funded by drug dealers, credit card scammers, and unemployment fraud scammers, who use the blockchain network as a web for their operations, I strongly believe this also includes the cartel but I think the cartel > is way stronger than the government and we'd never come for them, but actually, that would make more sense into why we're funding out IRS as a military at the moment, fascinating.
Just to explain how this web works. Someone can pretend to be you, order unemployment debit cards to YOUR address, stand outside of your house, and catch any mail that would've notified you of this activity. They will then proceed, to deposit this let's say for example $10k into BTC. They will then proceed to advertise to people "hey, send me 5k, and I'll double it, to 10k and send it to you" these people take their tax-paid cash hard-earned and then send it to the scammers. These scammers now have 5k in clean free cash flow, and the victim who sent them 5k is going to be sent 10k in illegal cash flow. Now the blame is spread across the American people. And just imagine what was happening when stimulus checks for thousands of dollars were floating through to people that didn't know if they were eligible.
Another point I also have is that most BTC holders don't pay their fair amount of tax on capital gains. Even these public millionaires I believe use the BTC as a tool to escape taxes. Anyone can simply say "oh, I lost the crypto wallet password, I have no capital gains" which is technically true because I have sent crypto through the wrong network before and lost it, however, exchanges account for that information and I'd be safe. However, these degenerates who think the government isn't a mafia, are going to be taken by surprise by the amount of taxes they will need to pay, forcing them to liquidate. This second point is dependent on how the IRS classifies BTC, because if it's property, then things are different because you don't pay capital gains on your house, but you do pay a property tax year over year so there's that, they'll potentially put in a "Billionaire Bill" which forces people to liquidate and pay taxes for owning their property based on a percent. If not treated as property and instead as an asset or currency, then spitball fire and this is gonna be a messy slaughterhouse of taxes needing to be paid, I believe both possibilities lead to a bearish decline to at least 21k, then a potential 19k, I'll see if 18-19k support holds, then go in, but if not we could see bearish lands of 11k but I don't honestly see 11k happening unless huge market activity pushes this sentiment.
TICK Alerting that indicate institutional Buy/Sell ProgramsIn this video I discuss the ticker "TICK" which is a value indicative of the volume of buy and sell programs running through the NYSE. Usually these are great indicators of when institutional wants to push through resistance and support. Ive also seen them used to set the tone for the day in the morning, and also help close where institutional wants at close. In this video we discuss the theory and how to set up alerts to help us be knowledgeable which way the big boys are bumping the pinball machine and can use it to our advantage.
BTC - Hold Your Breath; for one last dive! ETH chart insideHello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
As per my last picture idea, we know that BTC is still overall bullish from a medium-term perspective trading inside the bullish channel in red.
However, as time passes by, we are approaching the upper rejection zone that I have been mentioning for months now.
The more we approach the 28k, the closer the rejection would get. That's why I thought that it is a good time to share this idea now as a reminder.
This rejection zone is the intersection of the 28k-30k resistance, supply zone, and upper trendline in brown.
Around this rejection zone, we will be expecting the next bearish impulse to start to form a new swing high around the brown trendline before breaking it upward. Then and only then we can say that the bull run is about to start.
I called it a bearish "impulse" because we are overall bearish trading inside the big brown channel. However, this time I am expecting a shorter impulse compared to the previous two.
But of course, for the bearish impulse to start, we need the bears to take over by breaking below the red channel. Meanwhile we are in a bullish correction.
We can see a similar chart on ETH:
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
GOLD ! Gold review for the coming trading week😎Gold. On the chart I marked the ascending price channel. We can see that the price made a false-break of the level of 1787.4 and also the support of the uptrend channel, after which a strong bullish momentum appears, which confirms that the growth will continue. Friday closes in its highs.
Since the price forms a range between the levels 1809.4 and 1787.4, I suppose that after the false breakdown of the range resistance we might see a pullback, but in the mid-term the price should continue growing.
On the chart there is an important zone for the price - resistance of 1865.7. I suppose that is where the price can go.
Regards R. Linda!
GOLD ! 2 scenarios: growth and decline. What will happen next?🤔The situation is logical and interesting at the same time. The price breaks through the resistance of 1787.4 and consolidates above this level for a long time, making false breakdowns downwards.
Under the price passes the formed ascending support line, above which the price is at the moment.
The situation is stalemated by the fact that the price cannot go up and cannot renew the local tops, i.e. there are two scenarios: growth after a false break-down of the level and support line. Or a break-down and formation of correction. What to expect further?
Sincerely R. Linda!
US500 - Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for US500 .
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich