As u can see we are in the 2nd drop of the full wackoff wave (3 total bottoms, the second is what I like to call the loose bottom) we need to see the loose bottom breakdown during the next pump then splat to the bottom bottom the third bottom in the wackoff wave.
Despite of war and all that stuff, if we just focus on technical part we will see that rsi diversion is forming in oil and if this is true than yeaah! We will be again back on track i.e. Bullish market
Currently the dxy has been going on a crazy run , especially over the last two weeks with the announcement of and speculation of war within Europe ! The DXY is something you must not under estimate, especially in times like these, however i believe the dollar will not withstand this conflict and will finally face a downtrend. Ive used 3 different schools of...
Bitcoin has, together with a good amount of stocks around the world, taken a good beating over the last months. At the moment things are not looking good. But how likely is it to continue down? What are the risks and possibilities from now on? First of all, much of the current price has already priced in both the political uncertainties and the risks of a war...
In the past three sessions, B T C price started a major decline below the $38K support. B T C declined over 10% and traded below the $36,500 support. There was also a move below the $35K support and the price settled below the 21 simple moving average (H1). It traded towards the $33,200 level, where it found buying interest. The price started a steady increase...
Standard Fib Pull from ATH to Covid Low PA sitting at .382 fib level and the POC of the entire range . Loss of the .382 and we descend to the levels below , alternatively we stay within the current range inside the descending channel . I have marked an area of resistance for a potential short if the opportunity presents itself where Its possible we...
Hello everyone, today is a red day for all the coins and tokens out there. However, even if the situation is not the greatest we are really close to major level of support, which hopefully is going to push the price back up. This video has been made without any financial advice purpose, please use this video for learning proposes. Have a nice trading week!
Here is a new SELL Scenario, i expect a bearish reversal, this pair will loose momentum There is a bearish pressure, data is ignored for now and markets are focused on geopolitics. JamdeJam will not accept any liability for loss or damage as a result of reliance on the information contained within this channel including data, quotes, charts and buy/sell signals
The bearish outlook by the Elliot Wave Theory appeared as Bitcoin tumbled below $35,000. The ongoing Bitcoin (BTC) price correction could continue as per almost a century-old technical analysis principle called "Elliott Wave Theory." The interim bearish outlook put forth by the Elliot Wave Theory appeared as Bitcoin tumbled below $35,000 amid the Russia-Ukraine conflict.
Some ou there still bullish on btc but according to chart it seems like the bear took over a while back and bitcoin to take a lower dip before starting the retracement. What youall think?
BTC has now broken a major major support. I am going to explain what your exit strategy might be if you are now turning bearish this market.
Hello, Friends! After some time of sending us mixed signals AUD/CHF is finally giving us a solid bearish bias And judging by the price action at the lower timeframes The pair is about to go down! SELL! โ LIKE AND COMMENT MY IDEASโ
Hello, Friends! Anyone who looks at the chart of AUD/JPY today Can tell that bears will win this battle So we are opening a short position! SELL! โ LIKE AND COMMENT MY IDEASโ
Hello everyone, if you like the idea, do not forget to support with a like and follow. DAILY: Right Chart AUDCAD is approaching the upper brown trendline acting as a non-horizontal resistance so we will be looking for sell setups on lower timeframes. H4: Left Chart AUDCAD is forming a channel in blue but the lower trendline is not valid yet, so we will be...
The Global Economy is in shambles following the rate hikes, Russia-Ukraine Conflicts and other wide spread inflation; somewhat delusional to think Crypto (more especially BTC) would be safe. So far, BTC broke the ascending triangle we were in previously and has been in a down-trend ever since. Now, I'm thinking we get a slow zig-zag (or fast) drop to 30-28K range...
D1 - Bearish Divergence. Expecting short term corrections to happen here. H4 - Price is bouncing lower from a key resistance zone. Bearish trend pattern. Until the key resistance zone holds I expect the price to move lower further after pullbacks.
the XAUUSD price is near to the DAILY resistance level ๐ฅ i predict a bearish move ๐ i'm waiting for resistance touch & breakout (sell confirmation)๐ง TARGET: 1853.655 ๐ฏ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Looking at other dates, we see that in 2018, there was an 14% drop at the start, where in the last couple of months in 2018, where a significant larger drop of 24,5% before a reversal up. first couple of months of 2020 gave the famous 30% drop from ATH. From aug to sep, there was a drawdown of 14.5%. The start of 2021 gave an almost 12% fall in prices....