We did Follow BTC below 42K, until the high increase as the below idea shows and we did confirm it with more positive charts. We are checking on the low frame if there is some confirmation that can allow BTC to break down to 59.6K We found out that 59.6 is an important level that BTC should hold, if BTC is not able to hold 59.6, it can return to the 50K...
Today, we're taking a closer look at the Dow Jones Index, specifically the E-Mini Dow Jones Futures. It appears we're in Wave (2), overshooting the target and forming an Expanded Flat correction. If there's a turnaround here, typical for such waves, we might see a correction somewhere between 50% and 61.8%. We consider more than 78.6% unlikely, so we're betting on...
People aren’t thinking straight it’s about it will go up and up and up .. no we are not those 70% of people that can’t even see reality and went all broke. Souls know when you bought; all time high hits and bull trap coming to bearish if I were you sell now or lose all you have. Anyways now the stock big congrats hitting the new all time high but what will happen...
A mayor crash is due soon, T10y02y spread just trigger my entry point. I will be opening a short position on SPY. A huge short position
Since Microsoft bought ChatGPT back in March 2023, the price of NASDAQ:MSFT stock has gone on to replicate the same pattern as the 1987 S&P500 stock market rally. Does it mean anything all by itself? No. It still needs a catalyst for the drop to happen. The 1987 stock market crash had many triggers and catalysts and the drop was a sharp 40% from August 28th,...
JPM might have a bad week? Maybe bad Feb? idk yet, however, from technicals, it seems like after 181 or so, and especially after $210, there isn't much upside showing. Likely meaning, the risk far outweighs the reward at those levels. IT could be big, and it could be fairly quick. if you're shorting, yeah, these are great times to consider entering. The...
Personally, I think a lot of banks are going to get hit really hard. WFC is on an edge and it doesn't look good. Here's the chart price targets and trends are marked. If this thing pumps to some of these rejection zones, I'd look to enter short. Who knows, we might already have hit top. The drop from current price to the targets low is around 40% and 60%...
Good Morning Update!!!!!!! The real #economy is NOT represented by #equities or other public investments. NYSE:JPM CEO has been vocal on what has been happening but this is his most dire warning in some time. Personally, am shocked this gets air play. --- #yield pumping a bit after "hotter" #inflation than expected reported. 2 things we've been saying for...
Where to begin. I think it's about time investors started thinking more seriously at the immensity of the financial problems sitting at the door step, and the worst part is that it isn't going away if we ignore it. The Fed has created the largest bubble in US history. In 2008, when the banks gambled and lost, the Fed stepped in with new measures to "stop" the...
Bitcoin correction, prehalving crash According to the past, a crash occurs before or between the halving. We hit a long time resistance and we have not yet tested the recent support. Correction du Bitcoin, réduction de moitié du crash Selon le passé, un crash se produisait avant ou entre la réduction de moitié. Nous avons atteint une résistance de longue date et...
Chainlink has seen a significant surge in momentum over the past few days, fueled by various speculations about potential developments. However, when we delve into the chart technicalities and set aside external noise, we uncover a fascinating narrative: Chainlink has been in an accumulation phase from May 2, 2022, to the end of October 2023. This phase marked the...
Essentially it might be extremely dangerous trying to swing weeklies but it could very well be beneficial to swing Monday $490 Puts. Depending on SPY price by Wednesday, they could pay large amounts as I see the move happening in just 2-3 days, somewhere between Tuesday 2/6 and Monday 2/12, expect $478. This image here is from the March 23' BTFP run into the...
Bring it on , Charts are screaming for more downside. 2 key crosses ,5th and 12th of february . Prepare for 20k region. Gaps must be filled before btc enters the halving event.
SMCI - Super Micro Computer, Inc. has been on an absolutely incredible run for quite some time. However, the sheer amount of FOMO that has rushed into this stock has literally driven it to the moon on nothing but pure speculation. But that momentum is about to come to an abrupt end! Here soon, you're going to see the buying flip to selling as the shorts start to...
A simple chart, showing SPX coming to the end of a multi-decade parabola. Looks like anything close to 6000 is in play in this final phase.... What comes next isn't a recession, but a new reality...
I figured this was going to happen as you know that I said I told you so; This crash won’t stop until it hits 10K
It has been 1 year almost to the day since my last publication and what a 12 months it has been. I previously laid out the case for a pending future recession but not before we saw massive regular bullish divergence play out on the monthly time frame for Bitcoin. Since then we've seen a 187% move in BTC, a 25% move in the S&P 500 and every commentator, pundit...
Traders, There are essentially four big reasons explaining this bitcoin pullback. Let's take a look at what caused this pullback and talk about where we go from here.