I think we have made the bottom for bitcoin at 15-16k area and now we are in the accumulation phase of the crypto cycle. It is hard to say how long it will take, but I am more convinced towards the accumulation phase based on my analysis of the weekly chart. There are 3 major occasions during which we have tanked below weekly 21 moving average and immediately...
I am providing an update on the ongoing CADJPY sell trade. All the confirmation levels have aligned in favour of the short position, validating our initial analysis. As anticipated, the price swiftly broke below the 1dh (one-day high) and continued its downward movement, breaching the structure (4). This development confirms the bearish momentum in the...
“A bear market starts with greed, followed by confusion, sells on fear and ends with hopelessness” - By me! 'Bull markets are born on pessimism, grown on skepticism, mature on optimism, and die on euphoria." - John Templeton Apply this bear to bull transition with good market sense because some of the bears went into hibernation, not able to wake up at all, for...
Traders, The crypto bears are still very clearly in control of our market. In this video, I recap the weekly crypto market price action and explain the case for the bears. Bulls have yet to prove themselves with a conquering of that $30k price resistance area. A retest of our neckline at 25,200 (Bitcoin) can still be expected at this point. Stew
This is analysis for SPY for this coming week from March 27th -March 31,2023. I am still BEARISH and do watch the video carefully. Price do tell you the destination. Price is showing all bearish signs so be very careful.
Today’s content: 1. Why each exit is within 3 months? 2. Why I turn from investing to trading the US markets since Jan 2022 and onwards If you have been following, today’s is the 6th tutorial in our Trading Series: 1. “The buy strategy” 2. “The sell strategy” 3. “Developing long & short-term view” 4. “Choosing between the time frame” 5. “The entry” 6. “The...
Here's your weekly update ! Brought to you each weekend with years of track-record history.. Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
This is what we will be discussing today, and we are going to study both its technical and fundamental reasons and subsequently to derive why it is a bear trap? Or could it be a new bull in the making? I hope this tutorial will be helpful, in enabling you to read into the market with greater clarity. I have started a trading series, purpose for trading into...
In this video I am highlighting how we may see a $10,000 Bitcoin this cycle due to where we are at on the weekly oscillators and the very negative macro conditions effecting the market. We may get a retest back to the $19,000 level on the daily but $20,000 is now serving as a major resistance. I believe it is unlikely that we get above a $20,000 Bitcoin anytime...
You might not like to hear this but I have had a deep dive into the historical bitcoin chart off the weekly time frames and I can see too many similarities from the 2017 bull and bear market to the 2021/22 bull and bear markets. From the duration of the move, the time from high to low and the distance it fell. I am not saying it will get there, I am breaking down...
I don't believe we are out of the weeds yet and still have a ways to go with this bear market. The Federal Reserve's aggressiveness towards raising interest rates to combat inflation isn't the best conditions for a bull market in asset markets in general. We still haven't had any sideways movement with Bitcoin just yet and I don't believe we've found a true bottom...
The last time this happened was in 2018 but the market some how management to rally which resulted in a false breakout. In 2020 the market came back to this level and spiked around this area before turning into an almost 2 year rally. 2007 was a different story as market broke structure and the result was a sell of that lasted one year. What will happen in...
There is blood in the water in these markets. We are in a strong bear market. Indices are all down across the board across, america, europe, and asia markets.
In this video i am explaining where i think we are going to go from here and also i'm looking at the 4 hourly, daily, weekly and monthly chart, as well i am looking at inflation rate chart and DXY. This is my second video and i hope you'll like it. Also i'm sorry for my speaking mistakes, I'm trying to improve my english. And also i forgot to mention that i am...
In this video i am explaining where i think we are going to go from here and also i'm looking at the 4 hourly, daily, weekly and monthly chart. This is my first video and i hope you'll like it. Also i'm sorry for my speaking mistakes, I'm trying to improve my english. What do you think about my first video and analysis ? Feel free to leave a comment. If you like...
Bear market is here and we are seeing swings up & down today. Nordstrom reporting earnings willthey go up or tank?
Follow up my to my last Video on April 7th. I cover #BTC.D & #Total2 #stablecoins #USDT, #USDC dominance Crash season looming September/October #MSTR, #GalaxyDigital #Sol #LTC #MKR #PlanB #Bitcoin Maxi's and #HEX
Traders, The bears are now in full control. Let's make some sense of this price action and strategize trading going forward. - Stew