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BTC CUP AND HANDLE 1.5k CYCLE ON LOG CHART - LT... --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- If you enjoyed this post and agree with me, a like and a sub would be very nice : ) If you have any other ideas or simply disagree, manifest yourself in the comments ⬇️⬇️⬇️ Stay updated for more content Have a nice Day : ) Bye! ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
BITFINEX:BTCUSDLong
by xtekky
4
Nasdaq: Weekly Forecast 1st August 2021Nasdaq fell this week as it has potentially completed the final wave of a bullish Elliott wave. And as mentioned in our previous forecast, this is also a repetition of a combined ABC corrective and impulsive pattern started from September 2020. If this repetition were to yield the same result, we will be expecting a major pullback in the coming week. As of current, the price has indeed fallen and this could be the beginning of the major pullback. We will continue to look for selling opportunities at the beginning of the week, anywhere from the current price of 15000 to 15100. Our main target for this sell trading plan is somewhere just above 14000, bottom of a 10-month rising channel, as well as a support zone between the 63 and 126 MAs,
UShort
by AlgoVenture
XBT - I'm a master the times. Timing is Perfection.Hey everyone, I've been quite passive for the past few days and it's weekend again. In my last few posts, I kept shorting Bitcoin and I strongly admit that I wrong. However, I can say that it seems like I'm a God when it comes to timing. Here's a little story for my few followers. On the 12th of November last year, I told my colleagues and friends within the crypto circle that Bitcoin was about to plunge really hard. Some listened but didn't give it much attention. Some others laughed hard and told me that they respect my opinion but think I'm crazy for thinking that would happen. Two days later, the crash happened. On that night, the entire coin circle was silent. It was like a ghost town. As expected, I started getting messages the next day. The next morning, I had so many of em talking to me. Some calls, some chats. It felt awesome! "How did you predict that!", "How did you know??", "Do you know some insiders?? some whales??" ... The answer was simple. I'm a master of time. Timing is KEY. If you go back and check one of my ideas on trading view, you can see that I also foresaw that Bitcoin would make a huge move between March 29 -> April 2 with emphasis on April 1st. Don't get fooled on April fools!! You guessed it, yes. It surged on April 1st. I personally thought Bitcoin would drop, but it didn't. This time, my prediction on price movement was wrong. But the timing was right as always. I've always been accurate with timing. I'm a master of times. Here's my prediction on what would happen after this price hike. The next wave is coming and it's also on an uptrend again. We are now in correction phase and in a "Bart Simpsons"-ish pattern. We are correcting that price drop from that of the November story. I am expecting a price hike of about 30 to 40% in a period of around 6 days. I'll try to update as often as possible. See you in the next one guys! Please follow me and keep passing by! Peace!
BITFINEX:BTCUSDLong
by UnknownUnicorn1866407
3
Tesla is DOOMED. At least for now.Hey guys, it’s time to look at a stock that has been collapsing and will keep in free fall for a long while. TESLA. I’m sad for this car manufacturer but it’s happening and nothing can stop it. The reasons why Tesla’s stock is falling and the company is in major danger is this. Beyond technical analysis; 1- Completely burned through close to 10 billion dollars since 2012 2- It holds more 10 billion dollars in debt 3- Tesla is not a profitable company 4- Faces huge competition from the likes of BMW and Audi. Huge ever existing companies 5- Low demand for electric cars 6- Stock extremely over-valued and overbought (Elliot wave 5) 7- Musk losing his position Yes, it looks terrible for Tesla. And if you want to see how terrible things are: Tesla cuts Model 3 price to 35k$ and moves to online sales. Sounds desperate, right? Do I add fuel to the flame? Tesla owners protested over price cuts. Pfft... Let’s look at charts now. The daily horizon If you look at the trend line and the yellow line, you can see that the price tested both way too many times already. Both were tested 3 times and failed to break below. However, the price just recently fell below the trend line on the 4th attempt. Same goes to the yellow line. It will follow below it too. Technical analysis says: "The more often a trendline is tested, the more likely it is that it will break it”. The likely target is the major support at the 180$ price range. It will be interesting to see what will happen when price reaches the 160-180 area. Will it ultimately fall to the 140-160 range or will it slowly bounce back upwards? See you in the next one guys! Please hit the thumbs-up button and follow xD Peace.
NASDAQ:TSLAShort
by UnknownUnicorn1866407
2
The 2019 Recession vs. 2008I have marked roughly were I believe today's market is in relation to the 'Great Financial Crisis of 2008'. Each chart depicts: A blue star for a top in the market Followed by a low - marked with the number 1 Followed by the final market top - marked with the number 2 Followed by the first bottom of declines - marked with the number 3 And today's current position is the pinkish circle. If this is true, the next will occur soon and surpass the prior lows marked with the number 3. In the current case these would be the December 24th lows. It took about 352 trading days from top to bottom in 2007-2009 in which the market lost 57% of its value. I only marked a 50% loss on today's chart because it would be much more costly if it occurred and I drew out the highlight for roughly 350 days from the market highs on September 21, 2018. Mark Twain is rumored to have said, "History doesn't repeat itself but it often rhymes." Do these charts rhyme? Are they coincidence? Or nothing close? Let me know what you think!
SP:SPXShort
by StockSignaler
5