New trade. Already a little late on the entry. Stop Loss is tight, if you have risk appetite you can make it larger. Targets determined with fibonacci. Right below the neckline of the W drawn in blue. Also a support zone. (87k) Speculating on a double top on the chart (20th januari) hence the short position.
On the 4h a descending triangle. Breakdown or breakup soon?
Parallel channel on linkusd 4h. Looking like a downtrend is forming. Will it bounce on the lower bound? Will it break out its upper bound? We'll see.
Crucial moment for s&p500... Breakout here? Resume uptrend? Or back to the lower bound of the channel... around $5750, for another lower low? Exciting for bulls... scary for bears... Stay Strong, Co9
Greetings dear readers, In the blue line I have drawn the W pattern that we see on the BTCUSD chart. It can break out here from the neckline, to new highs. Maybe it can go retest the ATH (at 108k), the lower bound of the uptrend channel,... Or the W pattern fails here and BTC goes back to retest the 90k support. Stay Strong, Co9
Will this channel decisively break down? Or will it bounce?! It's a stable uptrend channel... started the 12th of november... Will it hold? Take your positions; bulls or bears! ------- CO BITSTAMP:BTCUSD
In Januari 2026 we'll look back at this with a DXY at 120 and GOOGL price in the red circle and say... this was just a crab market...
After breaking first attempt, which I called as temporary correction. (see previous post) We tried to get back in there once, didn't happen. Maybe we go in second time again.
I believe there will come a time in our near future where you could speak of a recession, but it won't be as a bad as such. It'll be more like a larger correction, just like the one in 2022, as you can see on the chart. Back then it had other reasons for dropping, but it's still generally the same narrative: as we are in a crab market since 2021... perhaps until...
Bull flag forming on the DXY (after breaking through the parabola) Break up on next retest.