I believe manipulation is in full effect currently as these exchanges are trying to cover their butts to liquidate leveraged shorts that have been stacking. As a result this will extend the length of our current bear market, cause a much faster and harder drop and possibly take us to lows lower than previously expected by even the most bearish of bears. Sleep tight! :)
The white line marked with a white arrow is the center line in a schiff pitchfork connecting the 2014 and 2019 bear market. This line played a role as support before our drop from 6k to 3k, and it is currently playing a role as very strong resistance. We have hit this line twice now and price has failed to break through. Within that same pitchfork just one line...
KEY TAKE AWAY'S: - DOW JONES (DJI)
1. If we drop -16 % from our HIGH, we will go into a Bear Market (red dotted line)
2. 80 % of the time we will also drop to -24 % according to historical data
3. 73 % of the time, if we go into a Bear Market, we will also go into a recession.
4. AND an average bear market last 1.5 years with a -34 % percent decline in...
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The aim of this Monthly chart is to mainly track the timing of the end of the Bear Market expected around May-June 2019 and the start of a new multiyear uptrend through the next Megabull. Preferably, Bitcoin remains within the old bull channel as the blue projection fractal shows....
The yellow graph represents shorts being liquidated. Exchanges are pumping as much as they have to in order to liquidate these shorts that would clean them out if left checked. They know a dump is coming soon so they have to push price up before of that drop can happen. This is not organic growth as we have broke though major resistance like a knife through...
Notice how all of these fib circles match up so well. Peaks and bottom wicks touch all of these fib rings showing that they are all connected. Using these fib circles i connect and compare both bitcoin bear markets taking into account the current price manipulation pushing up price to liquidate shorts.
I was long thinking on why this recent rally has happened and searching for clues in the past of similar events.
Then I discovered something very interesting.
Every time BTC broke the previous linear trend in the logarithmic chart, it retested it, not long afterward.
It happened after the 2011 bearmarket, it happened in the 2014/15 bearmarket, and even if it...
A quick chart illustrating that even in the bearmarket of 2014/15, the MA200 weekly support was holding. It therefore seems, that this support acts as ultra strong lonterm support,
so imagining how this support will develop, could give hints about the future price development of BTC.
If BTC is to repeat a bearmarket 2014/15 style, it is very likely that price...
Sell in May, walk away.
Yield curve short term long term inverted yesterday. Or 2 days ago.
The spread is at its lowest since 2007. And the last 50 years it has always been followed shortly afterwards by a recession.
For those that do not know, interests bonds pay are constant, their price changes (just like a stock). So yield is invertly correlated to bond...
Ladies And Gentlemen
The oracle D4rkEnergY will guide you. Don't worry. Before you jump into US Stocks cause you've been told we will make new highs, take a step back and breathe.
I called the bear market last time. But I was wrong, when I thought we would stay in bear market territory. It was based on historical data, which show us that only 20 % of the times...
This is not a financial advice and I put it here only for my own record.
I shared this idea with @filbfilb (www.tradingview.com) on his twitter about April 7th, 2019. The idea was to see the long-term pattern of NVT chart. Take a look at weekly (or monthly) NVT chart. It looks like we are repeating the previous pattern, specially take a look...
TIP : when prices show an overbought signal with a lower high, the following wave generally reaches out to an oversold momentum and therefore most likely breaks trough the previous low.
The only way out of this pattern is to reach out to the previous high or ranging the local price area till momentum shows a squeeze pattern.
Hope this idea will inspire some of...
I was asked by someone to do a Monero analysis. I mostly do only ETH, XRP and LTC, the top coins, but I have to say that I sometimes forget the others.
Probably because they are all interconnected anyways, and they are very similar. They all follow BTC, no exceptions.
Copmaring XMR with for example LTC, we see that it is not quite as bullish. LTC made a fake...
Exciting weekly close soon on BITCOIN
I am pretty sure if this weekly close above or equal to 9111 it will generate a new green candle.
And maybe this is the week for the 10k. I am very convinced that we will se lower levels.
Please check my other post. (We are in a uptrending...
SPY 50% Crash Looms
S&P500 Index is a benchmark for the US and global equity markets
Historial 10 Year Bullrun posted 300%+ gains
Technicals show top forming since Jan 2018
Fundamentals align for recession: US-China Trade war, Gov Bonds rally, USD continues strong, Treasury Yield Inversion, Minimum Unemployment
Bears target a 40-60% retracement
We're in a Bull wut? We'll Bring Order Back to the Market with Fyre n Fury 4 The Bull Fools! Anal-yze this chart if u can show me where BTC went into a Bull Market with the StochRSI and NVT at the top, I will send you 1 BTC.
PS: We Only Went Parabolic Because Of NY Attorney General's Investigation Into Tether!