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Marketcrash

Bitcoin: well at least now it is official, Btc is crashing.In the previous charts i was explaining the possibility that Bitcoin was in what appeared to be a correction phase as it was still above the the weekly Smma 50 (blue Smma ) Bad news is that now Bitcoin is below. Unless it produces a false breakout (if we imagine Bitcoin beeing above this blue Smma for exemple next week), this is trouble. Bitcoin broke its main structure major support at 6k, and is below both daily Smmas, and below the weekly 50 Smma . This blue Smma is very important, as it is a weekly kind reminder of Bitcoin temperature: above= bull market, below = bear market. -When the bull cycle started : -Bitcoin remained above it until it reached 20k: So now you got it, Bitcoin is in a bear market unless we assist to a miracle of getting above this blue Smma , which is possible but now less likely. Breaking below 6k and settling below 5.8k is a classical sell signal. This is getting dangerous, but who knows, everything is possible with crypto. Bitcoin needs some buyers to rescue it or it will probably find new lows. If you are in to invest in the long term, and ready to wait 2,5,10 years holding this asset, then feel free to buy what you can afford to lose, prices are "interesting". If you are trading, beware, i mean really, beware.
BITFINEX:BTCUSD
by Giovi6969
A New Market Crash is More Likely To Happen Than You Think!Dear Friends! D4rkEnergY is here to spread more wisdom to you. Not a lot of people talk about it, but I'm gonna show you, why a New Market Crash is more likely to happen now than you think. Let's therefore take a look at the Weekly Dow Jones Index. We need to make a higher high now - if we don't we will be trapped in a big head and shoulder formation. Is that so bad? In fact it is - the reason for that is, that we will most likely drop even more. We will drop -16 % from our A.T.H., which means that we will enter a bear market. According to an article posted in Dow theory historical data shows us, that -16 % is where a bear market starts (Not -20 % as many think). IF we drop -16 % more than 100 years of historical data shows us, that we 80 % of the times also will drop at least to -24 %. 73 % of the time we will go into a recession!! Yes.. Did you know that? Data also shows us that an average bear market last around 1,5 years and that we will see a -34 decline in the market. When that is said I believe, that we will postpone a bear market to 2019-2020, but nothing is sure as you can see on the chart. D4 Loves You - I will keep you updated! PS. And please leave a LIKE - really appreciate it <3
DJ:DJI
by D4rkEnergY
13
BIGGEST GLOBAL EQUITY MARKET CRASH STARTED?Having expertise of trading precious metals from more than 11 years gives you immense knowledge about the market,on the basis of current market scenario we know one thing which is very certain,whenever fear enters the market, gold, and silver or PMs makes incredible rally-we have seen this market behavior over and over again in our trading carrier but what happened this time? If this is THE SELL-OFF OR THE BIGGEST EQUITY CRASH WE NEVER SAW IN OUR LIFE WHICH REPUTATED MEDIA OUTLETS ARE REFERRING TO THEN WHY GOLD AND SILVER IS BEHAVING WEIRD THIS TIME? Remember if investors were really fearful due to the recent downside price action which we witnessed in equities then price of gold and silver(PMs) should have skyrocketed till now we have written this two days ago that we think the move which we are witnessing is purely price and technical based and not even close to a fear-based move. In other words, our advanced price analysis suggesting that this small correction soon coming to the end and a major sell-off in PMs will start again. we are certainly aware that the biggest market collapse is not too far that's why we believe 2019-2020 could give you your lifetime chance to accumulate substantial wealth by investing in precious metals but we certainly don't think this THE SELL OFF we are waiting for The upcoming move in PM sector seems to be extremely bullish but before that happens it's very critical to understand that gold -0.34% 0.07% and silver -1.15% -0.20% didn't reach their potential bottom yet, those who will miss it will regret it for coming months and years so I hope you guys have positioned yourself and risked enough from which you'll be able to generate substantial profits PLEASE NOTE-Silver(the Bigger part of my portfolio is dedicated to my silver investment and we are going to allocate approx 20kUSD when PMs will reach its bottom in near future, However, we will keep you informed OUR 4 TRADING POSITIONS ARE ACTIVE
FX:XAUUSDShort
by GoldSilverAnalyst