Lower High- Lower Low patternIs this a reversal or a correction?
your answer to this question will save you lots of money in the coming days!
what do you think?
what is the most probable scenario?
Learn from tesla example:
www.investopedia.com
Moshkelgosha
Bitcoin Crossed Below 200 EMAI can not convince you that Bullish run for bitcoin has Gone!
Atleast check all my previous Bitcoin analyses!
I did whatever could do..! decision is yours to make!
I asked short Bitcoin on April 13, 2021, when it was 62-64K
I predicted NIO top on January 11th, 2021 (2 weeks before it happen).
Tesla Top on February 17:
NYSE:GME
when it was 325 on January 30th, 2021
NASDAQ:TLRY Top on February 11th, when it was 63!
Whole EV maker sector on February 18:
NASDAQ:RIOT top on Feb 18, 2021 when it was 62
I asked everyone to buy Gold when it was 1700 on March 6th,
Many people called me stupid, scammer, ...etc, but at least I know I started this to help others!
I know I had mistakes but review my works and judge yourself..!
Moshkelgosha
The Next 12 days..! Bitcoin made the second biggest negative monthly candle in the past 5 years, with -49.53% in April and we have 12 days ahead to finish May 2021.
based on the last 24 hours move, Bitcoin has shown it has the potential to make this candle bigger..!
I'm the Bubbelogist..!
It is not related to Elon Musk or any other tweet..!
If you don't want to get stuck into these scenarios, Study the Bubbles through history, they all work the same, with few differences.
Educational Articles:
www.investopedia.com
www.investopedia.com
www.investopedia.com
www.investopedia.com
www.investopedia.com
Market Crash road mapIf you are shorting the market which sounds wise at this time, be careful of corrections.
When you are in the Bearish market, any upward moves could be a correction and could last for weeks!
2008 Market Crash Example:
2000 Market Crash Example:
The same rule applies to Russell 200, S&P 500, and Dow Jones, But Tech stocks, small caps, companies without revenue, and profitability are the most vulnerable and may lose 90% of their market cap! like most EV makers with a 50-70% decrease in their market cap so far!
sit on cash and having some leveraged Inverse ETF could be a good plan..!
How far Bitcoin Could slips???I think the only one who is eligible to answer this question is the man who asked his followers to sell their bitcoin one day before Coinbase IPO. when the price was 63800 at the all-time high! the man who made the call to buy bitcoin when it was 10k and put the target at 100k, but updated his view based on new information..! the very same man who said RIOT and MARA will perform better than bitcoin in bullish rallies when RIOT was 3.47 and MARA was 2.31..! the very same man who asked his followers to sell RIOt when it was 67 and Mara when it was above 53..!
Those who have early access to my trading ideas have the chance to perform better.
Don't you believe it?
Check my recently private post:
If you are interested to have early access to my trading ideas, check the signature box below the post for more information.
Apocalypse of Bitcoin..!This is the beginning of the end..!
Bitcoin will shocked you in the coming months ..!
You don’t expect but 10k or lower by the end of 2021, or early 2022..!
I’m challenging everyone to present Bitcoin analysis more accurate than mine..!
Moshkelgosha
I said Cryptocurrency Market Crash is coming 82 hours ago..!Last Saturday it was 11:55 am pacific time when I published an emergency notice for my followers about Cryptocurrency Market Crash that involves all cryptocurrencies not bitcoin!
In the last 82 hours cryptocurrency market lost 17% of its value which is 400 billion dollar…
You can ignore it but Bitcoin will see 10k by the end of 2021 or early 2022.
Moshkelgosha
The art of option trading..!Buy put 43, May 21 at 55 cents were published for private followers. We take the primary capital out when it was in +60% profits at the end of the market and let the rest make us more money tomorrow!!!
+60% in less than 6 hours..!
Those who have early access to my trading ideas have the chance to perform better.
Don't you believe it?
Check my recently private post:
If you are interested to have early access to my trading ideas, check the signature box below the post for more information.
This is not the beginning nor the EndIn September 2020, when bitcoin was 10400 I published an analysis with a 100k price target in the next 2 years, why I changed my target and duration of the bullish rally on April 13, 2021, just one day before Coinbase IPO. and on April 29, I updated my target to 42-46k between May 10-20th.
Why did I change my target?
The best answer to this question will receive 1500 TradingView coins (1 month Free Pro subscription).
Write your answer below the TradingView post as a comment.
1-Sep 12, 2020: Bitcoin could technically soar to 100 Thousand, what next?
2- Oct 21, 2020: Do Not Trade Bitcoin, Invest in Bitcoin for The next 2 years!
3-Apr 13: History tends to repeats itself..!
4-Apr 29: An updated target for Bitcoin
What is the best hedge against stock market during Crash?In this chart you see TVC:SPX to TVC:GOLD ratio.
It is crystal clear during the stock market bubble burst, Gold is the best place to store the value!
In the past 2 Bubbles, the market corrected between 50-57%:
According to the Warren Buffet indicator, this bubble is even bigger than the previous ones!
on the other hand in the last 7 weeks we see a bullish trend in gold with a +11% gain and today it breaks above its bearish trend after 9 months.
I think this presentation provides enough information to make a good decision..!
how you handle it, depends on your art and technique of investment..!
People make mistakes, Money don't!We have different players in markets, but the summation of their interaction always presents itself as the market price, no matter if you look at the stock, cryptocurrency, commodities, or real estate market.
I believe the most important factor behind any price movement in any market is money flow and the stock market and cryptocurrency market are not exceptions. Whenever we have a positive money flow (influx)in the market, prices will go up. The opposite is also true! if we have a negative money flow (outflux), prices will go down.
Evaluating the money flow must become a habit for long-term investors and short time traders. Because investing in an asset with a negative money flow (outflux) will almost always waste your time and capital as a long-term investor! On the other hand, money flow creates lots of trading opportunities for short-time traders in any market!
This reality is not ignorable, and those who ignore it will pay for that. I usually follow the average trading value to evaluate the money flow of the trend and how strong a trend is. Having said that, we can redefine the bullish trend as prices going up plus money influx, and the bearish trend is when prices go down and we have money outflux.
To have a better idea let's review this on the charts:
NASDAQ:TSLA Weekly chart since 2019.
Red/Green bar chart: Weekly Trading Value estimate(Volume*Closing Price)
Orange line: 4 weeks average Trading Value (if multiply by 4 you can have an estimate of monthly trading value)
A constant increase in monthly trading value from 48 Billion in June 2019 to 844 billion in December 2020 caused an 1863% gain in the same timeframe.
Maximum trading value in one week: 290 Billion, third week December 2020
Maximum trading value in one month: 844 Billion, December 2020
Last week Trading value: 111 Billion (-62% decreased)
Last month Average Trading value: 481 Billion (-43% decreased)
NASDAQ:AAPL Weekly chart since 2019.
Red/Green bar chart: Weekly Trading Value estimate(Volume*Closing Price)
Orange line: 4 weeks average Trading Value (if multiply by 4 you can have an estimate of monthly trading value)
A constant increase in monthly trading value from 134 Billion in January 2019 to 525 billion in August 2020 caused a 288% gain in the same timeframe.
Maximum trading value in one week: 143 Billion, first week September 2020
Maximum trading value in one month: 525 Billion, August 2020
Last week Trading value: 65 Billion (-54% decreased)
Last month Average Trading value: 248 Billion (-53% decreased)
NASDAQ:AMZN
NASDAQ:FB
NYSE:NIO
NYSE:PLTR
NYSE:GME
NASDAQ:BNGO
NASDAQ:RIOT
By now you should be familiar with the power of money in the market and how money flow affects the trend!
Any increase in price without an increase in money flow is not sustainable and creates a profitable short opportunity..!
Moshkelgosha (Sniper Trader)
Reversal or correction that is the Question?An uptrend, which is a series of higher swing highs and higher lows, reverses into a downtrend by changing to a series of lower highs and lower lows. (Investopedia)
I have published analysis before it happened!!!
Educational Article:
www.investopedia.com
This is not the end of a downtrend..!Most stocks made downward channels in the hourly chart and reached the upper border of the channels today, but I think this will be temporary and they will continue their downward trend soon!
The best performer Stock in the last decade surrendered to BEARSIn January 2021 at 900 usd dollars, Tesla was the best performer of the last decade in companies with meaningful market cap. Today it crossed below the 200EMA, Officially entered Bearish trend! However, I talked about it in mid-February!
I will not be surprised if people through eggs and tomatoes on ARK invest window these days..!
Cathie Woods has no answer for those who fooled by her social media propaganda, especially no-brainer YouTubers who just regurgitate her words..!
My favorite color is RED..!I prepared all my followers for this and convinced them to sit on Cash, Buy inverse ETFs, and Short The market..!
My followers are the happiest traders today. and I am happy to see their smiles on the worst days of the market..!
Those who have early access to my trading ideas have the chance to perform better.
Don't you believe it?
Check my recently private post:
I have lots of technical and fundamental reasons that this correction will be different and is going to be more than 10%, you will see the technical reasons in my charts. Let’s review the fundamentals:
1- The most important factor is limiting margin for hedge funds by banks, after Archegos capital management phenomenon..!
2- The Buffett Indicator was at elevated levels before the dotcom crash of 2000 to 2002, and before the financial crisis of 2008, but at respective values of 137% and 105%, lower than today's reading of 157%.(Stansberry research)
3- Americans are now holding more money in stocks than ever before... and that includes the peak of the dot-com bubble. The data is from JPMorgan Chase and the Federal Reserve. It includes any stock that folks may hold in 401(k) accounts as well.
Right now, 41% of our financial assets are allocated to stocks. Again, that's higher than the dot-com peak of 37%.
4- Constant money out flux since early 2021 which decreases the trading value in more than 95% of stocks!
5-Margin debt stands at $822 billion – an increase of more than 25% since September of last year.(Stansberry research)
Conclusion: Any factor that limits new money influx will have negative effects on markets, and Bubbles always burst when they have their biggest size!
To protect your capital:
*Use tight stop loss even for your long-term investments.
** Hedge your positions using inverse ETFs like SQQQ, SPXU,…
*** Always accept the loss when it is small, if it becomes bigger it will become harder to accept!
Moshkelgosha
If you are interested to have early access to my trading ideas, check the signature box below the post for more information.
Do not Bet on a dead Horse..!NIO closed Below 200EMA, which means the Bearish trend will continue!!!
While many losing money in this RED MARKET, my followers who Shorted NIO making money...!
Those who have early access to my trading ideas have the chance to perform better.
Don't you believe it?
Check my recently private post:
If you are interested to have early access to my trading ideas, check the signature box below the post for more information.
How far Apple could Slip???Those who have early access to my trading ideas have the chance to perform better.
Don't you believe it?
Check my recently private post:
Hourly Chart: Lower border of Megaphone, should be supported around 130. (Neutral)
Daily Chart: Lowest close since April 12, close below daily open in the last 5 trading sessions, and increased volume above monthly average while the price fails to close above daily open is in favor of bearish case! (Bearish)
Weekly Chart: Bearish engulfing after 2 Doji candles. (Bearish)
Monthly Chart: Failure to close above 132.49 in the last 4 months, which means Apple's return in 2021 is slightly negative so far! (Neutral)
Change in Average Dollar Value of Trades: -18% in the first 4 months of 2021 in comparison to the last 4 months of 2020. (Bearish)
Conclusion: Neutral-Bearish in May is the most probable scenario.
Educational Article:
1- Megaphone or Broadening Pattern:
www.investopedia.com
2-Bearish Engulfing:
www.investopedia.com
3-Resistance:
www.investopedia.com
4- Multi-timeframe Analysis:
www.investopedia.com
5-Dollar volume:
www.investopedia.com
If you are interested to have early access to my trading ideas, check the signature box below the post for more information.
Where is the support for Dow Jones?Those who have early access to my trading ideas have the chance to perform better.
Don't you believe it?
Check my recently private post:
Dow Jone closed -1.36 today the biggest negative candle since February 26. Today 28 out of 30 stocks in Dow Jones closed in red..! this could be a serious alarming sign since these stocks were the best market performers in the past 2 months.
Educational Articles:
www.investopedia.com
If you are interested to have early access to my trading ideas, check the signature box below the post for more information.
How deep is the first support?Those who have early access to my trading ideas have the chance to perform better.
Don't you believe it?
Check my recently private post:
I have lots of technical and fundamental reasons that this correction will be different and is going to be more than 10%, you will see the technical reasons in my charts. Let’s review the fundamentals:
1- The most important factor is limiting margin for hedge funds by banks, after Archegos capital management phenomenon..!
2- The Buffett Indicator was at elevated levels before the dotcom crash of 2000 to 2002, and before the financial crisis of 2008, but at respective values of 137% and 105%, lower than today's reading of 157%.(Stansberry research)
3- Americans are now holding more money in stocks than ever before... and that includes the peak of the dot-com bubble.The data is from JPMorgan Chase and the Federal Reserve. It includes any stock that folks may hold in 401(k) accounts as well.
Right now, 41% of our financial assets are allocated to stocks. Again, that's higher than the dot-com peak of 37%.
4- Constant money out flux since early 2021 which decreases the trading value in more than 95% of stocks!
5-Margin debt stands at $822 billion – an increase of more than 25% since September of last year.(Stansberry research)
Conclusion: Any factor that limits new money influx will have negative effects on markets, and Bubbles always burst when they have their biggest size!
To protect your capital:
*Use tight stop loss even for your long-term investments.
** Hedge your positions using inverse ETFs like SQQQ, SPXU,…
*** Always accept the loss when it is small, if it becomes bigger it will become harder to accept!
The above charts: show Nasdaq/ Gold
Below charts: show Nasdaq
Can we use Nasdaq/ Gold ratio as a prospective indicator of a market top?
If we are looking at the 2 previous major market top (just before the crash happened) in 2000 and 2007, we easily can see in 2000 the market top and the Nasdaq/ Gold top happened at the very same time. Moreover, in 2007, market Top happened in late October 2007 however Nasdaq/ Gold ratio top happened in mid-July, almost 2 and half months earlier..!
Now we can see why gold is called safe heaven, and we should monitor its price movement in the coming days.
Moshkelgosha
If you are interested to have early access to my trading ideas, check the signature box below the post for more information.
Art of Option Trading..!While may suffer from a huge loss this week I find opportunities for my private followers to benefit from corrections! most of my followers close their positions with 100-200% gain in less than 24hrs!
Those who have early access to my trading ideas have the chance to perform better.
Don't you believe it?
Check my recently private post:
If you are interested to have early access to my trading ideas, check the signature box below the post for more information.
What Is a Pyramid Scheme?I believe cryptocurrency market follows pyramid scheme..!
A pyramid scheme is an illegal investment scam based on a hierarchical setup of network marketing. The most famous kind of pyramid scheme is, perhaps, the Ponzi scheme.
This will end very sad for most people..!
Please read this:
www.investopedia.com
Panic sell is just started ..!On February 22th, 2021, I published analysis on ARKK when it was 143.75, those who were fooled with social media propaganda of ARK Invest trashed me so bad in their comments, but I think market teaches them their lessons in the hard way!
On April 29th, 2021 I talked about ARK invest apocalypse!
This time it went down 14.4% in 6 trading days with increased volume, soon it will be between 80-90. Even could go down to 60 in 2021!
This is the art of analysis and not being fooled buy fake YouTubers..!
Those who wrote that comments owe me an apology..!
