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This is where I start looking to re-enter - 42-46kHi Traders, A non-video post for you all here. Bitcoin, under the ascending BLACK trendline, has now entered into bearish territory. But, as I have explained numerous times throughout my daily update videos, I do NOT think this is the beginning of a longer-term bear market. This, quite simply, is a pull-back that may last for a few more weeks or through mid/end of December. Why? Institutional investors and hedge funds are collecting profits. Re-allocation will begin in Jan-Feb, at which time Bitcoin should turn bullish once again. Time, price, pattern. That was the time aspect. Now onto price and pattern. We are in bear territory. Slightly. But still. Looks like a bear flag has formed on the daily, but we also have adequate support below us at anywhere from $42,000 to $46,000. Long term hodl'ers don't seem to be releasing their grip. Lots of volume below us according to VPVR as well as the 200 day. Additionally, two potentially significant uptrending lines for support. All of these are strong arguments for a near bottom in this drawback soon. Stock markets are bearish. Yes. True. I've stated my case for this in the last several videos but you may view my last one in the related links below. In correlation with the stocks becoming bearish, Bitcoin has followed suit. However, I am not sure how long this correlation will last? Maybe it continues and the stock market bulls return pulling bitcoin up with it? Maybe a de-coupling occurs and stocks continue to be bearish but crypto turns bullish? This all remains to be seen. What I can read from the charts is that it does look like our crypto space is nearing a bottom on this current drawback. A few more days or maybe weeks and I should be able to start putting together some decent setups once again. Stay tuned and until then, trade safe all! -Stew
INDEX:BTCUSD
by stewdamus
1
The graph analysis (GRT)Hello guys, welcome back. I think GRT is a great deal right now, price been accumulating for quite a long time, now I believe we should start going up again. as you can see on chart, we also had this rounding bottom formation over and over, we have a very important resistance zone ( 1.05 - 1.1 $ ), break of this level can lead to a huge move. Entry zone : 0.7 - 0.77$ Stop loss : 0.54$ Take profits : 1 ) 1.06 $ 2 ) 1.26 $ 3 ) 1.7 $ 4) ATH * It's not a financial advice *
Long
by Algo_Analyst
8
BTC Bear Market 1st Peak FractalAre you all starting to understand or see what i have been talking about?? Get ready for BTC's Longest Bear Market to Date.. Now Let me State That Yes I can bee 100% Wrong here. I Could be completely wrong and be making judgement too early and it be that we actually do see a parabolic run up soon before the bear market begins but as the state of the current Stock market is looking so bad i can't see us going on much longer without seeing a black swan event.
BITSTAMP:BTCUSDShort
by JZ-2Short
1
$HEXO DD & Technical Analysis (2021)such a Wicked Quarterly Report >>> here is a good analysis of the recent Merger ( www.youtube.com ) On the recent 2021-Q3 Conference Call: it seems like HEXO recent revenue doesn't include Revenue from REDECAN, since the merger happened at the end of August . . . >>> so How much this Company Worth Today ? >>> assuming HEXO and REDECAN did 50/50 Merger . . . the next January/March 2022 Quarterly Report should have at-least $250 million/year combined revenue (from HEXO + REDECAN) . . . hopefully, this time, HEXO will bounce back to $10 (per share) by Christmas >>> Christmas Quarter is normally the best Quarter for Mari Juana, instead of shorting the stock, hopefully this Christmas HEXO will finally reward its Shareholders
HLong
by SwingTrader-07
1
Litecoin - Beautiful Setup - Target $354 - Here's why...TV subs, I realized this morning that I made a mistake in publishing my Litecoin video setup incorrectly here on Tradingview. I had spotted a beautiful setup and created a video about it but it was published as a "Private" video, meaning that only those with the link could view it. Unfortunately, TV does not allow me to make the video public. You are only able to view the video if you have the link. Ironically, this means that all of my free substack subs got the notification yesterday while subs here on TV did not. Therefore, the best way I know how to correct the error is to provide the link below in "Link to Related Ideas". I can't say I won't make the same silly error again, so if you want to avoid missing anything, please head over to substack and subscribe. That way you can be sure to be notified of everything I post. Thank you all for your support! Happy trading.
COINBASE:LTCUSDLong
by stewdamus
1
Basic Conclusion and ConfusionI have questions about perdicting an asset/commodity deflation event or crash below If you have time. Prices are through the roof right now making the entire investing world to seem speculative. I think the market is showing weakness and there may be a crash around the corner, I'm looking at patterns to see if there's any similarities between the build up to a crash and seeing where volition is creeping towards a big leap before a significant increase in volition such as the red bar pattern over today's current situation (from a jump in 2018) where I found similarities with other minor jumps in volition and a pull back in a bullish pattern, given that a majority of the market can see inside before retailers is it possible that these build up events where fear becomes the headline for few weeks to months ends up being a sudden crash in value. Professionals and "Professionals" have said time and time again that the build up is here, it's been happening for months to years given assets are up at record highs and inflation is going now where anytime soon, our supply chain will only get worse till February I hope, even then it'll take years before we see commodities stabilize and by then the value of the dollar will not be what was, oh also the richest minority own the largest majority of everything still.. is there much of a pattern and what are some of your ideas? I hope we both learned something? Is there a way of timing a economic crash? Is the 36 month trading period a thing? Is it best not to worry about the crash? it'll happen eventually as time has proven again and again. Best case scenario I reposition some previous sales and some savings. If a company doesn't rally back to it previous average after crash, is it still worth it to invest into said company since it is sustainable and growing a dedicated user base?
CBOE:VIXLong
by hooligan99
Blow off top 4th - 14th December (2021 chart)Takeaways: 234 days from first high to last high in 2013, will put us at 4th of December. 147 days from mid-summer dip reversal would but us at 14th of December. Another interesting fact is that the average of both previous cycle hit of 2.272 (close to ATH ) is 4th of December (2013 28 Nov/2017 12 Dec) Also, new moons are a very reliant top indicator (often 2-3 days within tops) ALL of the three cycles had new moons at or days within the blow-off tops.
BNC:BLX
by Morteno
FALSE BREAKOUTS | SPOT/AVOID/TRADE THEM LIKE PRO📈📉 FALSE BREAKOUTS | SPOT/AVOID/TRADE THEM LIKE PRO📈📉 How often have you opened a key level breakout trade, and then the price turned against you? False breakout happens quite often and it is a problem for many traders who buy at highs and sell at lows. ❗️Breakout trading is a fairly popular and viable trading strategy. However, some breakouts often turn out to be false. This can be quite frustrating, not to mention that it can often lead to a losing trade. However, in many cases, an experienced trader can analyze the market situation and react to it accordingly. False breakouts can make a profit if you know how to trade them correctly. ⚠️A false breakdown is a situation when the price violates an obvious level, but then suddenly changes direction. When the initial breakout of the level occurs, many traders open a trade in the direction of the breakdown. These traders are trapped when the price reverses, which triggers a series of stop losses. New traders are also entering the market, and this puts additional pressure on the price. This often turns the price into a new trend, the opposite of the initial breakout. A breakout that turns out to be false is a sign of strength in a downtrend or weakness in an uptrend. As you can see, a false breakout can easily cause significant losses for any trader. Some traders develop their entire strategy around trading false breakouts, as this can be a very powerful trading approach. Some of the best trades happen when market players fall into a trap and their stops start to work. ✅How to find patterns of false breakouts? 🟢If you do not learn how to correctly identify false breakouts, you will not be able to trade them profitably. For example, there will be situations when the price returns to the breakout point, and only then continues its movement. 🟢One of the ways to detect false breakouts is to monitor the volume. Real breakouts are usually accompanied by strong indications of trading volume at the time of the breakout. When this volume is absent, there is a higher probability that the breakout will not happen. 🟢Thus, if the trading volume is low or it decreases during the breakout, a false breakout is likely to occur. In contrast, if the volume is large or it increases, a real breakdown is likely. 🟢It is also useful to monitor not only the trading volume but also the price movement on the lower timeframe. In many cases, you will see that the price makes a very sharp pullback on the lower timeframe, which is not visible on the higher timeframe. ✅False Breakout Trap 🔴After all, many trading textbooks say that a breakout can be considered confirmed when a candle closes above the resistance level. However, the price moves in your direction for a while and then turns 180 degrees. As a result, you have a stop loss triggered. 🔴The false breakout trap includes several candlesticks, usually 1-4, that go beyond the key support or resistance level. Such breakouts occur after a strong movement, as the market has reached an important level, but the price momentum still retains its strength. Have you ever been trapped by a false breakout?
BITFINEX:BTCUSDEducation
by TopTradingSignals
8
XRP - Heading to 0.70 Cents?XRP has been in a correction for a while now. We can see it is in a descending correction which looks like a large bull flag. It has all the signs to me that it's heading down to 0.70 cent or around that area. You can see the -27 fib target is just outside the Main ascending trend line, structure & descending flag pattern trend line. There is also a chance it reverses from the double bottom area but with so many confluences at the 0.70 cents area that where i would rather enter a buy.
BITSTAMP:XRPUSD
by UnknownUnicorn26193975
10