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BTC DOMINANCE AnalysisBTC DOMINANCE Waiting for the weekly close of 62% for the market bleed confirmation but it only wick at 64.34% and there's no bearish confirmation at 1D or 1w tf. Sign of the continuation of the trend. haysss 😢😢😢 currently touched the 61.66% and aiming the 59.61% low. 58.84 if liquidity grab Overall, 69.23% is the weekly supply zone 'cause it surpassed the 59.47% inducement. Take time to observe that low, time to withdraw spot entries. February 24, 2025 11:55pm
CRYPTOCAP:BTC.DLong
by JeanXBond
2
This is Where to Buy the S&P 500The stock market has a unique ability of embarrassing the greatest number of people. Despite what the general public might believe, bear markets do not end when conditions finally improve. They end at the moment of peak bearishness – when everyone has given up hope and is sure the market is toast. When the final bull throws in the towel... that’s when we get a bottom. The big level I am watching is 420 on the SPY – an ETF representing the S&P 500 index (white dashed line on the chart below). The significance of this cannot be understated. First, this is the current level of the index’s 200-day moving average. Long-term institutional investors watch the 200-day as a proverbial line in the sand to dictate whether the market is trending higher or lower. A close below this level triggers sell orders and limits new buys in many trading systems. This is also the breakout area from the beginning of the year that led to the strong rally we saw in May and July. A violation of this level means all of those gains have been wiped out. It should not come as a surprise that the market found support here last week. But I do not expect it to hold. While I remain bullish on the market over the long-term, I also want to trade the wiggles. That means timing these shorter-term moves in order to make well-timed buys. If and when the S&P breaks through this level, expect to see a quick flush lower. Lots of investors have stop losses here, either physical or mental ones, and many bulls will likely throw in the towel when the level fails. But there is opportunity on the other side… Remember, markets bottom when things look their worst. During the great financial crisis of 2008, stocks did not bottom when economic conditions improved. They bottomed at the peak of the bad news – when everyone believed the sky was falling in March 2009. In the COVID selloff of 2020, the bottom was made on March 23, 2020 – right as lockdowns and a wave of overreaching mandates were first announced. Last year’s bear market found the low on October 13th – the day of the worst inflation report in decades. In every major market correction, the story is the same...bottoms happen when conditions are at their worst. So that is when we want to buy. The final leg lower that I expect to play out over the coming weeks will be just such an occurrence. Auto workers striking, 23-year highs in interest rates, record lows in mortgage demand, war breaking out in the Middle East, a rapidly rising national debt, and a technical sell signal in the major indexes - this will likely create the peak bearishness moment I am looking for that will flush out the bag holders and trigger the final sales to end this pullback. And that is where I will be waiting… ready to buy before the next great bull market gets underway.
AMEX:SPYLong
by rossgivens
3
🔥 Another Market Crash Coming? VIX Says YES 🚨The VIX is the volatility index of the SP500. Generally, it trends up during bearish times and trends down during bullish ones. In the past, the VIX has always spiked up during a market bottom. Looking at the chart, we can see that the VIX has not spiked up yet and formed a bottom like it has done in the past. We only have ~30 years of VIX data, but it has still signaled the bottom of every bear market (-20% decline or more) during that time. Assuming that the VIX is correct, there's still a chance that the market hasn't bottomed yet and that the "real" crash is yet to come. What do you think? Is the bottom in? Crash incoming? Share your thoughts🙏
SP:SPXShort
by FieryTrading
13
Very interesting group of channels tying tops & bottoms togetherWe can see this perfect group of rising channels that are the same width apart here on the btc log chart connecting our 2019 bottom to our current “alleged” market bottom, as well as connecting our 2018 top and our current top. I had to post an idea of this so I can see how these trendlines and channels continue to play pivotal roles against price action in the near future. Seeing it this way gives me added confidence the bottom is likely in..although with a black swan big enough I suppose price could still collapse to the bottom trendline of the worst channel. For now I believe bottom is more probable to be in than not though. *Not financial advice*
INDEX:BTCUSD
by DrDovetail
Follow Through Day's and Market BottomsIt’s said that three out of every four stocks will follow the trend of the general market. It’s also known that the best opportunities come when a bear market ends, and a fresh new uptrend begins. The question is, how do you know when a new uptrend starts? The Follow Through Day A Follow Through Day was defined by William O’Neil as “when one of the major market averages moves up over 1.25% on heavier volume than the previous day.” A Follow Through Day usually occurs sometime between days 4 and 12 of an attempted rally. When to Start Counting Rally Days While the market is in a down trend, you are waiting for the first day the market closes positive to start counting your attempted rally days. The first positive day is day 1 of the rally attempt. On day 4 or later you are looking for the Follow Through Day to occur. How Does a Follow Through Day Fail Not every follow through day works, but no bull market has started without one. All days of the rally do not need to be up, some may be down, however a follow through day officially fails when the low of day 1 of the rally attempt is undercut. When this happens, it is time to start looking for a new day 1 and another follow through day. It is not uncommon to have multiple attempted rallies and failed follow through days before the market begins a new uptrend. Let’s look at a few market bottoms from the past reviewing the concepts covered. Nasdaq 1998 Bottom SPX 1974 Bottom
TVC:IXICEducation
by Amphibiantrading
5
BTC 1H Range I find it very interesting just how well BTC can respect the quarterly lines of a range. You can spot certain price action patterns within the overall range but trading within the boundaries of the range can be very beneficial in a sideways environment that we find ourselves in. When range quarters are hit and coincide with oversold indicator triggers they are great places to go long while we are stuck in this range between 26.5k & 29.2k Indicators: RSI CM_Williams_Vix_Fix
by ProR35
Delayed bottom may finally arrive with CPI reportI have been waiting over a month for the reversal to finally complete. We are clearly on the path, but still need a few more things to occur to confirm that we are still in Primary wave B, but that it is near completion. IF we are still in Primary B (blue letters), we are likely in Intermediate wave C (purple letters) and Minor wave 3 (yellow numbers) was possibly completed with the with low early this morning. Next steps would be Minor wave 4 up and then Minor wave 5 down which completes the two macro waves (Intermediate and Primary) above it as well. Minor wave 4 should only last 1-2 days with a top below 4000. Target top is around 3982 by either tomorrow or Monday. We should then continue the final leg down with a drop of at least 130 points before March 16 and closer to March 14. I have use wave extensions based on historical data to attempt to determine these reversal points. The most narrow and smaller set of data is the probably Minor wave 4 retracement points. While the top could go above 4000, it most likely would not surpass 4053. The short timeline and lack of game-changing information will likely limit a powerful upside burst above 4000. The next set of extensions attempt to identify the end of Intermediate wave C based on the data for Intermediate waves A and B. This is the left most set of extensions that are at the top and bottom of the chart. Typically Intermediate wave C extends beyond 127.13% of Intermediate wave A, however, that move seems quite significant in the likely short period of time that remains. The bottom should move below 3764 which was the prior low from the end of December, but nothing more is required to closeout this wave. I am placing the lowest possible bottom around 3700 but it depends on the momentum which will be apparent by next Friday. This will continue to be evaluated The final set of extensions attempt to identify the end of Primary wave B based on the data from Primary wave A when compared to historical wave relationships. March 16th would tie the longest length relationship between a Primary wave A to Primary wave C. This also corresponds to the longer end of relationships for Intermediate wave A to Intermediate wave C. The extensions are the furthest set to the far right. In order to meet a 100% extension for Intermediate wave C, this would create around a minimum 50% retracement for Primary wave B from wave A. The extension ranges for this data are quite wide and my targeted forecast moves are around median movements which are easy targets to pick. I will re-evaluate late next week to see if Minor 4 occurred near the plan and if wave 5 had begun. Best case all of this finally occurs and we can finally end Primary wave B. A major change after the recent spat of declines would likely stem from a major event. The Fed doesn’t meet until after the 17th of March, but the CPI report is on the 14th. If the bottom occurs on or before the 14th it could be based on the set of data. A lower inflation reading could spur the rally and then the Fed confirms inflation is coming under control a week later further igniting the next rally. Primary wave C would start around 2 months later than originally predicted, but it would likely place the next market top in mid- to late-summer. I still forecast a nice top above 4400-4700 before my doom and gloom forecast which I will touch on later and can be found in my old forecasts going back almost a whole year now.
SP:SPXShort
by StockSignaler
BITCOIN and the Daily CrossThis is a continued post from The Desperate Push to 26k, the avoidance of the weekly death cross. Please review previous post before reading and boost/share for visibility. Simplifying the outlook, these are the only two things I am currently looking at. The Daily and Weekly, golden cross vs death cross. I'll take the shorter timeframe in this bout, so a golden cross on the daily to turn the death cross on the weekly around. To do this Bitcoin will have to move up from this range shortly to the 26k-30k range. The last 5 golden crosses on the daily have resulted in: 21,Sep,2021: 46k>68.5k 16,May,2020: 10k>64k 17,Feb,2020: 10k>market bottom 21,April,2019: 5.5k>13.7k 28,Oct,2015:$300>20k This is not financial advice. Please take this as an analysis only and trade on your own terms.
BITSTAMP:BTCUSDLong
by bishopknight
3
S&P500 Going down another 40% - Market Bottom in May 2023In conjunction with my previous Dow Jones analysis (Link to it down below), we foresee another 40% drop in S&P500 until mid-2023. The analysis done on these charts is based on old repeated market cycles that were last seen during the market crash of 2008. As you can see clearly on the charts, the market has been playing the exact scenario of 2008, since March of 2022! It's fascinating how similar markets are working their way, and people don't seem to notice at all... There is a verse of the bible that W.D.Gann used a lot in his books which says: "What has been will be again, what has been done will be done again; there is nothing new under the sun." Always keep this in mind when you are reading the market.
SP:SPXShort
by brokerland
1
Will SPY hold 3500, a 50% Fib level from pandemic low to ATH?SPY as of today, like in the 2009 parallel in my post before this, also had a daily deathcross. Then price made a June low at 3636, bounced up to retest dma200(wma50) but was also rejected similar to 2009. SPY also gave up all gains & even broke below the June low. Twinkle of HOPE: if entailment this week changes to positive, It is still possible that SPY may make a slightly lower low at around 3500 to create the divergence for an oversold bounce. 3500 happens to be the Fib 0.5 retracement from the pandemic low to January ATH. BEARISH CASE: if 3500 will not hold, then the 312 to 320 zone will be the next support at Fib 0.618. Further waterfall will see 3000 & 2800 specially if wma50 crosses down wma200 (deathcross). Then probably the midterm election rally into new year. Not trading advice. Proceed with extreme caution!
AMEX:SPY
by xtremerider8
NQ holds near-term bottom@11800;rally into FMOC bef a final dumpWith TSLA, AAPL & NVDA rallying on a risk-on Monday, NQ seems to be making positive divergences similar to June but this needs some follow-thru this week. It is holding 11800 with Friday”s hammer candle suggesting a shortterm low for the month. MACD also crossed into green territory. Another Diamond reversal pattern MAY be forming similar to June? BULLISH SCENARIO: My Elliott wave count would suggest a June low is in with the ABC correction ended. BUT I may be wrong logically with a 75 to 100 basis-point rate hike coming in Sept even with the market already pricing in a 75 pt hike. BUT MARKET IS IRRATIONAL. NQ may rally into Sept FOMC rate hike near 13k & then make a final dump on last week of Sept from an overbought condition. (NQ has to go above 13740 to confirm a higher high) No one knows where the final bottom will be before a Santa Claus rally. Possible supports are ma50, 12200 to remain within the upchannel or perhaps a retest of 11800 with the HHHL remaining intact. BEARISH CASE: NQ may rally into Sept FOMC but still comes back down to make a lower low than either 11800 or the June low. In this case, the positive divergence may extend up to an October rally. If 11800 or the June low of 11068 breaks, then the next stop will be the 10900 to 10500 yellow zone. Not trading advice
CME_MINI:NQ1!Long
by xtremerider8
*A* market bottom is due in 4 to 24 months for SPXThe current bear market / monthly time-frame pullback should experience a monthly bottom leading to bullish sentiment throughout the market in 4 to 24 months based on previous action on this time frame. We have an unconfirmed trend resistance that would confirm on a third rejection that we can keep a patient eye on as well to look for a potential earlier bottom. Using basic price action structure ("looking-left"), as well as complimentary fibonacci retracement percentages, we can easily see major areas of support where the bottom could potentially form overall; notwithstanding wicks of course.
CME_MINI:ES1!
by lysergik
ZM accumulating @pandemic zone since Russian invasion; next TPsZM will continue to increase user base in the next few years even if work-from-home subdues. It has made a perfect ABC correction with A=C & is has been consolidating in the pre-pandemic 102 zone since Russian invasion started in Feb 2022. The risk of worst-case scenario is very low compared to the great upsides if a new EW cycle begins after ZM breaks above the pandemic zone & go above Ichimuko cloud in the 4Q2022. Not trading advice
NASDAQ:ZMLong
by xtremerider8
RUSSELL 2000 respecting FIB levels; ABC may reach 1500 vol zone.The smallcaps Russell 2000 futures RTY1! (also the IWM etf), a leading market indicator like the transports, may complete an A=C correction ending in the volume profile zone near 1500. (IWM seems to be consolidating in tranches of 200…ex…230, 210, 190, now @ 170 & maybe 150 around 4Q2022.) This will complete the final wave 5 of C-wave. As you can see in this weekly chart, Russell 2000 respects impt FIB levels. 2100 zone is Fib 0.236, 1900 is Fib 0.383, the current 1700 zone is Fib 0.50 & the projected 1500 bottom zone will be Fib 0.618, the most likely zone for a reversal. THE BULLISH CASE: if Russell 2000 holds the 1700 zone, the bounce will be very quick due to the 2 LOW VOLUME zones. The target will be 2100 with some consolidation near the 1900 zone. Not trading advice
CME_MINI:RTY1!
by xtremerider8
Finally time to buy the dip...in 2 weeksI warned of this bull trap and we should now be in the final leg down. Today’s close kissed the top of the trend channel as it remained in the projected zone discussed in my recent analysis. The market could open up tomorrow, but most likely should not. Today’s highs should not get tested for at least a few more weeks. Next stop is the basement of this bear market. To recap, all five purple boxes were general estimates of where each wave should end IF Primary C were to last 37-46 days while it drops 863.93-1117.41. So far, the end of waves can be identified in each box. If the prior analysis is accurate we should bottom no later than June 3rd. The larger green box was the estimated market bottom based on relationships between Cycle waves 1 and this wave 2 as well as Primary waves A and B in relation to this wave C. The better news is that the intermediate wave data not only fit in the larger box, it narrowed the target zone. I have a final few data points that could further narrow the target bottoms. I calculate the wave extensions which determines the percent that wave 5 moves in relation to wave 3 while using the same starting point which was the end of wave 2 (beginning of wave 3). Considering all intermediate wave 5 data, the first quartile of data states that 75% of all intermediate wave 5s move at least 110.98% of wave 3’s movement. The 50% of all intermediate wave 5s move 127.12%, while 25% of all data extends 147.53%. Additionally, the average move is 136%. All of these levels are identified on the chart with the light blue lines. I further studied intermediate wave 5s inside of Primary C waves. These levels utilize the green lines on the chart. This data has 75% of the intermediate wave 5s moving 110.98%, 50% moving 120.85%, 25% moving 133.13%. The average move is 123.53%. Nearly all of these data points land in the large green and small purple target boxes previously mentioned. All told my target bottoms appear valid. Time will tell, but we are looking at another rough drop (around 10%) in about 2 weeks. I still think an end to the Russia-Ukraine conflict is the only thing to reverse markets quickly. That war will likely only come to an end if something happens to Putin.
SP:SPXShort
by StockSignaler
Nasdaq composite (IXIC) deathcrossAs Russia/West tensions increase and US stock futures in red, it is easy to expect a further sell off in equities (the same should happen in crypto market). We already had a deathcross (Daily timeframe on top chart) on Friday and if you check past this pattern is actually bullish long term. Considering the Weekly chart, I am expecting a close below 30 RSI (11) this or next week. That would be another confirmation of the bottom. You can check BTC and TOTAL crypto mcap charts as similar oversold setup closing in on Weekly. Of course this does not mean we can't have further move down later this year, but once weekly closes below 30 on RSI and another week above its a very good confirmation we should see some rebound at least for the next good few weeks.
NASDAQ:IXICLong
by gigisulivan