Bitcoin: Fear of recession taking over the MarketHey traders, in today's trading session we are monitoring BTCBUSD for a selling opportunity around 16900 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
Recession
XAUUSD CAN SHOW BIG BREAKOUT!Hi investors! afterwatching today's technicals, I concluded that, chart can show big breakout towards upside or downward !! A/C to me considering some fundamentals of todays market/world conditions & upcoming world recession, XAUUSD can FLY !!!!
LOOKING FOR BETTER POSITIONING.
S&P500 - Outlook - 2023 - 1st Week of January - 4 Hour ChartS&P500 Outlook for the 1st week of January 2023 on the 4 hour chart.
Looking for a minor high, or the beginning of a strong move to the downside to HEAVILY short the market within the first few days, or first trading week of January.
1) Always have your stop loss in place.
2) Always have your 'take-profit' target planned before entering.
3) Always be open to being wrong, and exit when the market is not heading in the anticipated direction.
S&P500 - Outlook - 2023 - 1st Week of January - 4 Hour ChartS&P500 Outlook for the 1st week of January 2023 on the 4 hour chart.
Looking for a minor high, or the beginning of a strong move to the downside to HEAVILY short the market within the first few days, or first trading week of January.
1) Always have your stop loss in place.
2) Always have your 'take-profit' target planned before entering.
3) Always be open to being wrong, and exit when the market is not heading in the anticipated direction.
S&P500 - Outlook - 2023 - 1st week of JanuaryS&P500 Outlook for the 1st week of January 2023.
Looking for a minor high, or the beginning of a strong move to the downside to HEAVILY short the market within the first few days, or first trading week of January.
1) Always have your stop loss in place.
2) Always have your 'take-profit' target planned before entering.
3) Always be open to being wrong, and exit when the market is not heading in the anticipated direction.
S&P500 - Outlook - 2023 - 1st Week of JanuaryS&P500 Outlook for the 1st week of January 2023.
Looking for a minor high, or the beginning of a strong move to the downside to HEAVILY short the market within the first few days, or first trading week of January.
1) Always have your stop loss in place.
2) Always have your 'take-profit' target planned before entering.
3) Always be open to being wrong, and exit when the market is not heading in the anticipated direction.
No doom, gloom or pivot. Just one aliens TA.An alien trader landed on earth and was given a chart of the combined** US indices (futures). Luckily, and not coincidentally, he knew TA.
He had never heard of people like J.Powell and J.Cramer, or places like China, Ukraine and Russia.
this is what he saw:
Bullish:
- Broke out 'above' the main diagonal trend (bullish)
- Made a Higher High (bullish)
- Note that, on a VERY high TF, the Bull market rides on and up (see "Higher Range Frame" box)
Neutral
- Has arrived at the key POC (neutral) and is sandwiched between zones of lower past volume (LVN's)
- The 100MA/400MA was moving towards a "neutral cross" (the midpoint between the MA's is flat and not changing)
Bearish
In higher time/range frames the index has not made a new swing high. (see "Higher Range Frame" box)
NOTES
**There are multiple ways to merge ES, NQ and YM, as well as alternative indices like $NYA and Wilshire 5000. The *best* option depends on what it is used for (ex. a sphere is a good model of the earth for the astronomer, but not for the mountain climber). A simple average (ES + NQ + YM)/3 is ruled out because one point has a different value for each index. To address this, each index is weighted so that a 1 point change will imply the same change in $ terms (For weights see www.barchart.com
Alternative criterion for weighting include capitalization, number of stocks and beta weighting.
[i Epilogue - After watching a TA channel on You Tube for 5 min. he departed abruptly pausing only to grab a clean towel. He is believed to be following in the dolphins footsteps.
BITCOIN:Crypto Market still under pressureHey Traders, in today's trading session we are monitoring BTCUSDT for a selling opportunity around 16600 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
$Gold #Xauusd #Gold Buy Setup EW Weekly 5 of 5.This count is based on my assumptions so anything can happen not a trading or financial advice kindly do your own ta thanks trade with care good luck!
Will we see another dead period for Crypto?It's no secret that we're heading into a global recession in 2023.
The question is, will the Crypto market feel the effects too?
At the start of 2021 we saw massive buying power come into play and the Crypto market boomed. We saw a 250% increase in prices over 2018's boom before it promptly imploded during mid-late 2022.
The previous "dead period" lasted for 2 and a half years . How long will the upcoming one last for? Will we see immediate recovery? Or will we need to wait it out?
Crypto is here to stay, so of course we go long (when looking long-term), but for now I'll keep my money in stocks and bonds elsewhere.
STEEL DID AS EXPECTED IN MAYChart originally created in May and now pictured with current price. When first posted it had just hit resistance and appeared bearish, along with a divergence in the RSI.
Gold to New Highs in 2023?I had been following the playbook of GC1! 2011/2012. I was expecting Gold to fall to its lustrum current around $1,480 (at the time).
And while it did fall another -7% from that tweet (-12% after breaking it's year current), what I didn't realize was that the liquidity profile was very different now. Basically the opposite.
It's important to remember that in a liquidity event, Gold falls hard and fast like everything else. But it generally bottoms halfway through the recession and rises pretty dramatically afterwards.
If it's following it's age-old pattern, that would suggest that we're halfway through a recession that started in January 2022 and might end around August 2023. That would see Gold double in price over the next two years. Interesting.
$DJI can move 5,000 pts lowerWhen corporate earnings decline and unemployment rises, the Dow Jones Index will fall further. Zoom out on weekly and see monthly. Macro cyclical changes are happening right now.
If you plan for it, you can capitalize on it. For example, move retirement money out of equity funds into cash. You can increase savings now to buy a car or home when prices drop. Think about your job security and make backup plans. Arrange your personal finances and evaluate your spending habits so you are better prepared for an economic downturn.
I am not trying to scare anyone. I am not shouting for a crash. As a 40+ adult who understands much more than the last five yrs of stock market rising, I am offering practical insight into what is possible.
Alarming Macro Conditions for BTCLiquidity issues continue and long-term holders are still selling in losses. While many on-chain cycle indicators (eg. realized price) are showing BTC is in the cyclical bottom, on-chain recovering signs are missing.
The yield curve has inverted (the interest rate spread between the 10-year Treasury note and the 3-month Treasury bill). With such inversion preceding prior 8 recessions since 1960s and correlation between BTC and SPX hovering at its all time high level, the global macro condition does not look promising. Furthermore, despite peaked in Q3, the 7.1% U.S. Consumer Price Index (CPI) remains well above the Federal Reserve’s 2% target. With Q3 real GDP stats better than that of Q1 and Q2, the Fed might tighten the leash in the months to come.
The above chart is from my June idea BTC: Don’t DCA Yet . It’s worth noting again that in the entire BTC history, most gains were generated in periods of healthy liquidity from either monetary or fiscal policies. Thus, under continued quantitative tightening and a potential recession on the horizon, the upside for Bitcoin is extremely limited.
NAS began to crash.. economy isn’t going wellBig downtrend , bottom is about 7500-8000.
Big drop and crash is coming since the recession is coming to pull.
The buys will be short and some will be retrace correction. Trade safe y’all
S&P 500 Overview and Investment OpportunityDuring Covid-19, the market significantly dropped in price. Post this retracement, the market recovered swiftly. With many indicators such as inverted treasury yields pointing towards an impending recession, we form the following view on the S&P500.
We envisage the market to drop significantly during the coming months and see the marked investment zone is a good mid term opportunity. We are monitoring these movements and will continue to keep the market updated.
This analysis also correlates to other major indices such as Nasdaq, Dow Jones and others such as the Ftse100.
Wishing all of you a successful New Year. This year will bring ample opportunities for the patient and observant. Stay tuned for more!
WM - SWING TRADE IDEAWASTE MANAGEMENT (WM)
The King of Trash
It is the industrial leader in waste management environmental services to residential, commercial, industrial, and municipal customers in North America.
Besides that, it owns, develops, and operates landfill gas-to-energy facilities in the United States, as well as owns and operates transfer stations.
Why you should some interest
1) WM is recession-proof .
Why?
Are you going to let the trash pile up because the economy is in recession?
NO
2) It is the industry leader in trash services.
They have a market share of 30% and 47% in collection and landfill respectively.
While its main competitor clocks off at 24% and 17%, respectively.
They also produce electricity with the trash through methane exploitation.
Net Income is rising year-over-year.
Technical analysis
It has been traded on ATH in August this year....
Is now trading Sideways.
Big hammer on Weekly chart.
On Daily:
Bullish Engulfing Candle
High Volume
Can go both ways.
See chart.
You could go LONG or SHORT immediately but also on the rebound.
Stop loss at ENTER prices.
Ready for the big drop? Still bearish still at 1220 area.
Should expect the big drop along with a panic then capitulation.
Bottom for bears target is 500.
Trade carefully y’all wait for the big sell off to happen.
Even since fundamental recession is coming pretty fast..
NASDAX RETRACE; DEEP RECESSION CRASHShould expect a retrace buy and sell zone snipe of any of those areas.
NASDAX had quite a scare because of fundamental recession fears AKA The Deep Recession.
The battle against the inflation still over 40 year high and all the prices across America are spiking up and down very quickly.. even mortgage payments are raising up slowly and recovering because of the collapse.
COVID cases are still on the rise and India just found a new variant that are way worse than any other variants that is called BF.7
From china amid zero COVID fears and multi-demic
Random alike from COVID are still deadly and gone even worse than before.
Feds powell are looking forward to stay charge and keep raising the rate hikes so the inflation can drop which will take awhile to drop down to 2%.
As In also fundamental Recession is coming please pay off credit cards to take advantage and save money , invest in a bargain.
Bear market isn’t over and the Recession will be a lot worse than Recession 2008 and the Great Depression.
We won’t see any recovery until 2024.
BITCOIN:At a risk of recessionHey traders, in this week we are monitoring BTCUSDT for a selling opportunity around 17400 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
Christmass delivery projection.I welcome you and wish you good luck in these times.
Today, I made some sketch, how should, or would be strong year ending.
While I still stay sceptic fundamentally and also on technicals .
It due to downtrend, recession and upcoming deflation waiting in 2023.
Never hold you money at any exchanges ;- )
There's more options and sites like Fixed Float, or directly in self custody wallets.
Yours Emvo.
*This is not any financial advice.
Coming into a recession Same for bitcoin ; buys are still in but it will be short.
As the stronger bottom is at 500$ of the dip below it.
As the recession is here but worse scenario are coming in 2023.
Same as before do your thing save much money as possible. So y’all will be prepared; don’t wait .. if the dip is in with a bottom you buy the dip.
Still in a downtrend for Ethereum should drop and and retrace back n forth until we hit the bottom.. until the bottom is in.. go all in.
Trade and invest safe y’all enjoy your day good luck.
Day traders y’all know what to do
The Recession is here…. Coming in 2023 the recession is coming and but it is already here since we are hitting end of the year soon.
FTX still in the further collapse and owner already got arrested.
So now we all caught up but now for 2023.. recession is here but far worse with the recession is coming in 2023.
Expect a buy zone area 12-10K area to go all in.. as billionaires are buying much bitcoin and Ethereum as possible because they’re already prepared for a recession and very excited about it.
If anyone aren’t prepared.. save lots of money as possible if you have saved then buy suggest 500$ of those points and you’ll thank me later or do your own way so you won’t ran out of money so you’ll be richer in 2023 into 2024.. this is a big opportunity to buy in a bargain.
Trade safe and buy carefully; even if your a day trader y’all know what to do.
