bearish move soon in btc btc fal upto 40000-38000 in next 2-3 weeks book ur profits on long and take short side trade heavely china dragon year end pump and dump 48000 strong resistence for btc Open Interest clear show neagative data heavy call writing
Technical Analysis Update:
In correlation with the previous Hindustan Aeronautics Ltd post, here are the latest insights for riding the upcoming bear trend:
1. Currently, we are in a crucial 1-hour Key Supply Zone.
2. Typically, supply zones result in rejection. To confirm its effectiveness, we need to observe the 1-hour CHOCH/BOS. Alternatively, we can rely on...
Sir John Templeton said: “Bull markets are born on pessimism, grown on skepticism, mature on optimism, and die on euphoria.”
Pessimism:
Following the 2008 crisis, the global economy was engulfed in a cloud of pessimism. Investors were gripped by fear and uncertainty as financial institutions crumbled, economies contracted, and unemployment soared. Stock markets...
Price action pulled back to the dynamic neckline resistance from the major Head and Shoulders in formation. From the chart pattern perspective, this phase can considered a important turn-point, which psychological terms can rise interests for the bearish-side and growth of bearishness of market. In addiction, retroactive Fibonacci retracement potential fractal...
Just pointing out that we have broken above the Ichimoku clouds for the first time on the daily since falling below them in November, 2021, when the bear market began. This doesn't necessarily meant he bear is over. The last bull run, the cloud broke TWO times before we started the bull. However, in the 2018 crypto winter bear, which the current bear is much more...
I posted this analysis a while ago and someone told me I was smoking crack. But when looking at the entire way down from last ATH we can see there has not been one actual counter rally, as in a rally above recovery range after a harsh drop.
All we are seeing is one bearflag after another and this leads me to believe this is actually playing out.
In addition to...
I'm posting this to the followers of The SHARK... we must consider the history of wild advances and horrific declines to keep perspective along the way. Most don't realize profits because of the harsh corrections that you will see noted in the chart. Bull markets In Crypto have always been followed by 80% downturns that can last up to a year and sometimes two....
Growth in recent days gives us hope to return to the bull cycle and continue it.
BUT it's too early to draw such conclusions. Bitcoin is always hard to predict.
And now it's important to see what will happen in the next days.
With the price of ETH currently at the support of both the 100 day SMA and the trendline of an ascending triangle (which is a reversal sign in itself), this price area presents a high probability of sparking a rally in ETH.
Expect ROKU to hit $265 a share before Thanksgiving since it has fallen below support on the 15min chart. Currently during the last hour of trading a new resistance will be tested but I believe it will fail and we are in the start of a bear cycle. I have it hitting $265 tomorrow and that is a conservative number. Could go lower, tomorrow I will decide if I sell...
Huge growth in 2016 as speculative anticipation of more sales to China & other developing industrialization nations occurred. Unsupported by Fundamental & Technical support and resistance levels. Now in a sideways pattern, inevitably selling down toward a Business Bear Cycle pattern. Weekly chart view.
when we observe daily chart. we see bitcoin is falling into golden pocket and I have shown u count of elite waves . and may be the end of BEAR MARKET .
Following Bitcoin's aggressive selling of the past weeks that caused near 50% in losses, it is time to look at Jean-Paul Rodrigue's Stages of a Bubble.
This had to be customized on Bitcoin's state of the 2018 correction. It doesn't exactly follow the classic bubble price action as the "Fear" and "Capitulation" stages lasted longer on a downward consolidation...
chart analysis - Trend - Bear
26 out 28 three day Candles RED - 3 months non stop price is going down.
A recent rejection at Resistance which has happened multiple time consistently over last few months in a few defined descending channel
Overall Market sentiment
Unnecessary hardfork splitting chain, multiple bugs, no apps except the notoriously failed DAO...
