#NOT has a perfect pattern for a good rise in think that there is an ABC pattern which has 5 waves in the B wave like ABCDE after this ABC pattern market will rise and make a super spike up !
I think I've made my point with my thesis on interest rates, but I will continue to beat this drum until something breaks. Something is going to break soon. The market is fighting the fed ever since they started cutting and the market is calling out Powell's rate cut nonsense. They cut by 100bps, but yields went up 100bps. This is very concerning and we've seen this before, this is going to kill equities when the time comes. Yields are screaming danger right in our faces. I've seen many bears talk about 5% and I think that is laughable. How about 8%-12% or even higher? I could go on about why I think that fundamentally, but I've already done that. Focusing on the technicals, we see that TNX had a massive breakout in 2020. The downtrend had been forming since the high in 1987, history is repeating itself as it always does. In addition to the nearly 40 year trend breakout, we also have a shorter term bull flag starting from the high in October that just broke. Heading right up into 5% and I believe it will keep on going. Flag pole target is around 8.8%, final target is the 1987 high around 10%. That's the final target for now anyway, I fear it will go much higher. I've been trying to warn folks about this all year and there's a reason for that, it's not because I hate America, it's because I love America. I'm obviously not a financial advisor, this is for education. However, it's probably not very helpful to just say the market is gonna crash with no plans or ideas to position based on that belief. Shorting is the go to, but very dangerous and somewhat greedy. I think it's at least time to close all positions using margin if you have any, trim winners and take some profit, get exposure to rising yields, get volatility exposure, get some gold, and keep larger cash reserves and savings. Avoid MSTR at all costs.
*Notice: It is Xmas and NewYear holiday so that the Market is very slow and low volume. ( reduce volume on your trading position ) About this Plan today: I saw a downtrend structure clearly on H1 timeframe I saw a confirmation Downtrend on Time Frame H1 (60) I saw a Break Sell - continue FollowTrend signal ==> Let's make a Plan for SHORT SELL BTC today https://www.tradingview.com/x/ijSqUwZH/ Entry zone: 97500 - 98100 Stoploss: 99800 (and then trailing stoploss follow the SL-line) *These are expected targets. Target 1: 92000 Target 2: 86000 Target 3: 82000
It is clear that we will closing SNP 500 next year ~6400 followed a pullback up to 5800. If it able to recover from 5800 a possible push up to ~7000 followed a deep pullback which I will be calling out as bear market be ready with cash to invest during bear market.
Hello, this is Greedy All-Day. Today's analysis focuses on Nasdaq. https://www.tradingview.com/x/spEdvvEb/ Before starting today's briefing, let me share the results from the previous analysis. For the buy perspective, the entry price was not reached, so there were no positions to report. On the other hand, for the sell perspective, the break of the upward trendline occurred at the start of the European session. After the breakout, the market transitioned into a downward momentum, resulting in a decline of approximately $140. For a single contract, this equated to a profit of $2,800. https://www.tradingview.com/x/raYAmDk7/ Now, let's start with the sell perspective. Currently, we are observing a break below the extended upward trendline. While a short-term correction could occur, I do not strongly recommend entering at this time. For today's sell recommendation, I suggest entering below the green box at 21,816. This corresponds to the left-side supply zone, with a maximum target of the red box at 21,543. https://www.tradingview.com/x/8EdoAMRt/ Next, let's look at the buy perspective. The first entry point would be a breakout above the resistance trendline, which is currently around 22,060. For the second entry, it would be at the top of the frame around 22,111. Regarding targets: For Target 1, the entry of the first position will aim for the second entry level as the goal. Beyond that, the next resistance levels are 22,210 and 22,296. Conclusion Thank you for your hard work this week. Wrap things up well, and let’s prepare for next week!
The Holidays have slowed the markets - for now. I've introduced a third potential scenario for Bitcoin (BTC), which is bearish and might see the price retesting the DAILY 100 Moving Average near $80K. Although this scenario seems less probable given the current market sentiment, where large corporations and businesses are actively accumulating, it's crucial to consider all possible outcomes to avoid the pitfalls of an "up-only" mindset prevalent in bullish markets. Remember, corrections are healthy and contribute to the robustness of the overall market pattern. After yesterday's positive momentum shift, we've again seen a lull in the market and increased sell pressure as the US gears up for tax season. The recent price movements in Bitcoin indicate an adjustment to overbought conditions following the election, with technical indicators suggesting a continuation of the bearish trend in the short term unless there's a significant influx of buying support. Keep an eye on these developments, as they could dictate the next moves in Bitcoin's price trajectory. https://www.tradingview.com/x/4WixPI7j/ Trading Tip: As we have no confirmed direction currently - One effective strategy during volatile periods like this can be the "Dollar-Cost Averaging (DCA)" approach. Instead of trying to time the market, you regularly invest a fixed dollar amount, regardless of the asset's price. This method reduces the impact of volatility by spreading out the purchase price over time. For Bitcoin's current scenario: Set a regular schedule: Decide to buy a fixed amount of Bitcoin weekly or monthly. Stay disciplined: Avoid investing more when prices seem low or less when they're high. Consistency is key. Long-term perspective: DCA works best if you hold for the long term. It allows you to benefit from the average price over time rather than trying to predict short-term movements. This approach can mitigate the risk of entering the market at peak prices and can lead to purchasing more units when prices are low, potentially lowering your average cost per Bitcoin over time. Remember, while DCA can smooth out the volatility, it does not guarantee profits and should be part of a broader investment strategy considering your risk tolerance and financial situation! Thanks for following the 7 Days of BTC updates, and if you want these Daily - links are in my Bio :)
Now the price will head down after breaking the ascending trend line strongly and retesting the yellow zone
Our analysis is based on multi-timeframe top-down analysis & fundamental analysis. Based on our view the price will rise to the monthly level. DISCLAIMER: This analysis can change anytime without notice and is only for assisting traders in making independent investment decisions. Please note that this is a prediction, and I have no reason to act on it, and neither should you. Please support our analysis with a like or comment! Let’s master the market together. Please share your thoughts and encourage us to do more by liking this idea.
MUBI is approaching the falling wedge, and with the RSI showing potential to sustain its momentum, I anticipate the chart to follow this trajectory. If it doesn't play out as expected, I'll reassess and update accordingly. Wishing everyone the best of luck this altseason!
If it's not sinking it yet...it should be becoming painfully obvious this market has topped or is damn close and anyone with a brain is selling while they still can to avoid the inevitable unwind that's coming in 2025.