BTC ahead supports and compression of buy ordershello everyone
according to the us CPI 8.6% and highest number in past 40 years
probbably we walk throgh 0.75% interest rate increase.
so we lost 25500 support and now on 23500.
if we lose this level we can downward to 22000 and 20000 area
and after that 18000-19000.
this levels are so exciting for longterm holders and its an incredible accumulation phase.
but if the inflation dont stop , we also can see lower supports like 17000 or maybe 12000!
but according to the compression of buy orders in 20000 - 23000 levels i think these levels are
very important and if inflation record a high level and start to go down we dont go lower from this
levels.
Selloff
BITCOIN DECIDES TO DROP TO 17,000 NOW , OR MORE TIME IN TRIANGLEThe Bitcoin Price Action is confirming UNRELENTING DROPPING TREND.
Even the a ARTIFICIAL Pumping up on Saturday cannot change the DELEVERAGING PROCESS.
The Institutionals are DELEVERAGING in RAPID sequence of LARGE SELLOFFS.
All the rest are FORCED TO SELL by these Institutional sellofs - in particular, THE MINERS are DUMPING their product, before it becomes a loss on their books.
Naturally all the rest, also follow these significant Selling actions, as the bitcoin price becomes deterministically DECREASING.
No amount of calculated bluffing by the MM -s and their pumping can change THE REALITY - BITCOIN WILL CONTINUE TO DROP FURTHER.
A textbook triangular Flag , that appears After a Huge drop is the TRANSIENT oscillation before the next LEG DOWN to 17,000.
TREND IS YOUR FRIEND - BITCOIN CHANNEL INTERSECT at 5,100 THE TREND IS YOUR FRIEND - THE FIRST GOLDEN RULE AT THE FOUNDATION OF TECHNICAL ANALYSIS.
A Multi Month parallel channel from December 2021 is PERFECTLY confirmed by Price Action; The NEXT INTERSECTION with The Lower Support Trendline
Is IN THE PRICE CENTERED ON 5,100 dollar per Bitcoin.
In full agreement with the previous bottom at 3500 ADJUSTED for inflation.
Converges with similar predictions by supply zone and multi-year Bitcoin lowest values behaviour.
MMAT Sell Off Target we tested our past resistant around the 2$, now we have to hold above the 1$, and consolidate till we have a break for our current resistant around the 1.45$, this resistant will give us the first sign of reversal or another sell off, first by breaking it , which means we confirmed the huge buying pressure from institution above the 1$, and contune to go to test the 2$, the second is if we got rejected at that resistant (1.45$) that's means we going to back around the 1$, and if we broke it we going to go down till the strongest bottom for this year above the 0.50$.
NASDAQ:MMAT
Why Price Matters - SPX to $4200The SPX reversal to $4,200 provides an opportunity to learn from the pros and get back to the basics of trading. This means understanding the numbers and being able to buy things wholesale and sell them at a retail price. With this knowledge, you can be a successful trader.
ETHUSD is in trouble Bullish breakout supposed to be expected bit failed breakout and the sell off doesn’t seem to be over as we thought it would. Technically 700-800 support isn’t strong enough .. when you look at the chart 500- mid 600 has the strongest support area.
If you are still in a buy please secure your profits immediately.
Safe trading and this isn’t financial advise.
Mostly ETHUSD need to find strongest support
Bitcoin SUDDENLY FALLS - ON SATURDAY...
When a big Fund or Whale intend to sell and LIQUIDATE a big Chunk of its soon-to-be-worthless Bitcoin - it OPTIMIZES the time and day.
The smallest participation in the Market is of course on Saturdays and Sundays when almost all the Institutionals are closed.
Then The price reaction to a big sale will be the least on weekends.
This IS A REPEATING trend - BIG BITCOIN SELLOFS start on weekend.
USDT Dominance Analyzehello everyone.
we see a breakout from upward channel and maybe we have a pullback to upper line
and after that we go upper.
increase in USDT.D means that we have another sell-off in market.
maybe we will see new bottoms for BTC according to this section.
!!!NOTE!!!
my posts are not trade or invest advice
and you should do on your own opinion.
please be careful and protect your capital
UPDATE: EXCELLENT OPPORTUNITY TO SHORT BTC - SUPPORT WAS BROKENUpdating previous REALIZED PREDICTION.
After the previous fall of bitcoin was exactly and rapidly realized - as predicted by us, we look forward to the next FALL OF BTC
to the level of next support at 16,000. This is a multi-month support.
6/10/2022 Look Out Below! Market Selloff Imminent ***This does not constitute financial advice of any kind as I am not licensed for such opinions***
The markets selloff on a shocking CPI print, but this is to be expected. The real shock comes when you realize how far we have to fall. S&P, DXY, and Gold are covered.
The crypto markets may have their underbelly exposed to sunlight as an ominous development is set to take place next Tuesday June 15, 2022 (BTC, ETH, XRP, XLM, ADA, ALGO, SOL).
An error was made during the creation of this video where I quote an article from 2021. The Reverse Repo market has run miles away from when that article was published. But on the heels of the liquidity crisis theme, look on ZeroHedge for "Fed Liquidity Drain is Coming" on March 30, 2022
***This does not constitute financial advice of any kind as I am not licensed for such opinions***
1.65 million EGLD hack. $113 million Elrond eGold stolen!The decentralized exchange Maiar, native to the Elrond blockchain, has been temporarily taken offline after an attacker deployed a smart contract that allowed him to withdraw over 1.65 million EGLD.
The attacker sold around 800,000 EGLD, worth around $54 million.
The price of EGLD on Maiar went from $76 to around $5.
After this first critical bug issue on Maiar, my buy area for EGLD is $26.
WAVES short Entry Range, Take Profits and Stop LossWAVES/USDT short
Entry Range: $9.00 - 10.10
Take Profit 1: $8.10
Take Profit 2: $6.70
Take Profit 3: $4.60
Stop Loss: $11.81
FB Meta COO Sheryl Sandberg is stepping down after 14 yearsIf you haven`t sold FB at $341:
Then you should know that Sheryl Sandberg is stepping down after 14-year tenure at Facebook as COO.
This is not good news in my opinion for what is about to come for FB in the years they are about to spend building the Metaverse.
My price target is $162.
Looking forward to read your opinion about it.
BTC chart pattern Now thru Nov Calling it as I see it happening. This is only my opinion and gut feeling on what is going to happen. I'm calling it now. 34k BTC soon, easy ride to test for support to go up, then after braking it we go to 38K hit real resistance and we could go flat right there for the rest of the year but because of Economic crash coming this fall and start of next year, I think all the markets will crash, wall street included. A great depression is coming In My opinion. in order to go to 80K we must brake 46500 and hold over 50k for a week, if we do 80K will be top. and then down like you have never seen before. Market crash October or November 2022 BTC down to 12K This is my official perdition and we will see if I'm right. Play this right an make some cash, take your profit by buying the longs this summer as bulls try to push to 100K but will not make it, then sell the fake out and cash in . That is my plan. I can't tell you or advise you how to invest and you should never invest more than you can afford to lose. I am basically telling you how I will be investing. Good Luck to us all. God speed. PS call your relatives and say Hi, I have lost some that I did not get the chance to talk to before they died. Not a good feeling. Just a note to take time off to see the ones you would miss if they were not here anymore. Now back to this Texas 100F 38C heat Yuck.