Get started

Bearish Flag

BTC GOING TO 19.6K?BINANCE:BTCUSDT Well i have been observing the price action of btc. which isn't looking very great. i am afraid we could get decline from $21800. if we did we will go below 19.5k. we can also see a bearish flag pattern and falling wedge, there is huge Ichimoku cloud wall. so the price action is not really looking great for now. i will be taking a short position from 22k from all the way to 19.5k. the stoploss would be around 22.4k. lets see how it goes :)
BITFINEX:BTCUSDShort
by Bitsleader
2
BTC PERSONAL ANALYSIS IN THE SHORT TERM (RAIN OF FIREEE!)Greetings fellow crypto fam! I am here to share a fairly well conclusion on what's gonna happen with bitcoin, we have been so exposed with lots of bearishness with all of the charts and patterns pointing more downside action. We have bearflags, rising wedges, inflation, rate hikes, housing market crashes, war, pandemic -- there's too much of anything in this world to even be at least interested in becoming a bull so I implore you to carefully consider your options in this market. There are two choices here,, either you enter shorts or puts in this monthly trend of bearishness or you can sit it out, wait for everything to settle probably 6 months or so and then decide from there. The totality of Jack Powell's speech in the Jackson Hole is a huge U-turn on his image basically because everyone was expecting for a neutral-rate hike or even a standard Jack Powell optimistic speech, but no he literally admitted that along the way some pain will happen and this cannot be helped by taking more of this approach aggressively and possibly even end it quickly. I like the brashness of it all, however he just nailed the door shut when he said that their decisions or outlook towards the economy would largely depend on "data". The bad thing about being data-dependent is that the economy could crash tons of money tomorrow and they will only act FROM there, there are no preventive measures, there are no concrete risk managements -- just pure reliance on what the potential future data can display and that's just sending everyone to their financial graves. This only proves that they literally cannot do anything to change what is happening and would prefer to just let the market settle ITSELF, all on its own , with continuous monitoring by yours truly, the FED. ---- Like the chart? The fundamental analysis too? Give my chart a boost, comment and share it. Its completely free, bookmark it, save it -- it is yours!
BYBIT:BTCUSD.PShort
by Wamses
ETHEREUM PERSONAL ANALYSIS IN THE VERY SHORT TERM (LANDSLIDE!)Total evaluation for the ETH asset is completely bearish. I repeat, bearish. Its quite obvious where we are going at this point. I don't see any particular bounce until we hit the previous support which is around 1500$ and even then depending on the current situation for Jack Powell's speech, we might see a more bearish approach. Lets tune in together at this very important day because there is a huge chance whatever happens today will reverberate all throughout our low volume weekends which is hugely prone for manipulation pumps either way. ----- Like the chart? Save it! Bookmark it, boost it, comment on it you go for it -- its completely free and yours!
BINANCE:ETHUSDShort
by Wamses
Gold Forecast 26/08/2022Gold price remains inside a two-week-old bearish chart pattern as sellers attack the confirmation level surrounding $1,750. Adding strength to the flag’s support is the 50-HMA level and steady RSI (14). In a case where the quote drops below $1,750, the theoretical slump towards the yearly low near $1,680 could avail the monthly bottom of $1,727 and the $1,700 threshold as intermediate halts. Meanwhile, recovery moves could aim for the flag’s upper line, around $1,771 by the press time, before aiming for the monthly high near $1,808. Overall, gold prices are likely to remain pressured but a confirmation from the $1,750 support becomes necessary to convince bears.
TVC:GOLD
by OAurthor
Next moveHi everyone, My last post was on ETHUSDT, and its price was one of the only coins with a major pullback than others, but it still has the same scenario as BTCUSDT. Since the beginning of this week, the crypto market has been quiet, as we did not see any volatile move. However, by looking at the chart, I think that we have formed a bearish wedge that we are still and are most likely going to break to the downside. We are going to continue our downtrend because no candle closed above the resistance drawn on the chart ( I drew this line 2 weeks ago lol) In conclusion, I think that we are still bearish on the midterm at least. Please comment if you have any questions, I will try my best to answer them. Thank you😊
Short
by yassin_khanji
BTC: BEAR FLAG! REKTEMBER(Sept.) IS COMING!!Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BTC quick update. BTC is moving in a rangebound from $21k-$22k from the last few days. It is forming a bearish flag in 4hr time frame and currently trading inside the flag. When it breaks down the flag then we expect price to touch $18k-$19k level. REASONS I'M ON BEARISH SIDE:- 1) Price structure forming a bearish flag pattern. 2) RSI is forming a rising wedge like structure which is generally a bearish pattern. 3) Volume is not sufficient and continuously going down. 4) After a week, September month is starting which is generally a bearish month and also known as "REKTEMBER" Invalidation of pattern:- If any 4hr candle close above $22k What do you think guys? Do you also think we might see another leg down from here or do you think it is continuously pumping from here? Share your views in the comment section. If you agree with my points then do hit the like button. Thank You!
Short
by CoreCrypto1
3
SP500 INDEX PERSONAL ANALYSIS IN THE LONG TERM (DUMP)Noodle party? Well not exactly, its a solana chart spilling spaghetti everywhere! The total evaluation for this asset is extremely bearish and I could not even begin to become so engrossed in bear costumes all year round because who could possibly blame us? The cycle has ended just as it has always ended in previous cycles -- it almost always returns to where it started and considering how we just got resisted from the SP500 and NASDAQ on a monthly resistance trendline (you can check this out in my profile) , there's no guarantee that the current supports that HELD us in a bull market will even be strong enough in a bearmarket. The SOLANA chart has now been confirmed with a bearflag that we had been suspecting from since we dropped here in this range for months, a validated bearflag WILL create lower lows and its much stronger in a bear market obviously and especially in a macro-time frame (4H, 8H, 12 H, 1D, 1W). Never underestimate panic selling, always be mindful of your risks and make sure to enlighten yourself everyday with what is happening around the world so that maybe one day, huge positive fundamentals or catalysts would support a possible reversal towards our brand new all time high. ----- You like this chart? Give it a boost, a comment or share it with your friends. Bookmark it, save it, its yours for free!
BINANCE:SOLUSDShort
by Wamses
1
Bitcoin to 3.7k then 250k? Fundamentals extremely bearishThe stock market will crash, it barely down 2% from this local top of 4300, imagine it going to 2900 as bottom, around a 40% crash BTC will go down so hard it is not funny anymore, Michael Burry warned that previous crashes all had something similar in common, now this cycle has ALL OF THEM. Whats more people speculate on stocks that dont justify the earning, we barely dumped and BTC is already at 20k. Winter is coming and demand for oil and gas is going UP, the DXY will RISE. MT GOX BTC 150k. Whats worse we going to close first time history montly BELOW 200 WMA. next top dom 40% btc market cap 53000 = 1t 40% of 12t = 4.8 53000x4.8 = 250k
Short
by Heartskull
3
BTC/USDT - 1H - Bears ControlBTC/USDT is in a bearish trend forming a Bear Flag . The price action has bounced off an important Support Zone and formed a Bear Flag which seems to have been broken. The Bearish Bias is based on the following signals: Bearish trend (price making LHs and LLs) GMMA: Slow MAs above fast MAs Slow MAs acting as dynamic resistance Bear Flag breakout with bearish engulfing on LH RSI under 50 and not near oversold levels OBV convergence with price (downtrend has conviction) Expecting bears to push prices lower. Trade safe. Hit like & follow for more analysis.
Short
by yo_zubair
BTC MUST BOUNCE FROM HERE, IF NOT THEN BE READY FOR A BIG DUMP!!Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BTC update. In my previous BTC update, I clearly told you that BTC is not looking good so be cautious. Hope you guys listened and save your money in this dump. Now let's get to the chart. BTC is forming a bear flag-like structure in the daily time frame and currently trading near the lower trendline of the flag. The last two times, we see a very good bounce from this same zone. We can expect the same bounce this time also. If in any case, BTC daily candle closes below $20.6k and breaks down from this bear flag it will be very bad for the whole market. As of now looks like it is holding the support and ready to bounce from here. What do you think about this? Do you also think that BTC can bounce from here or do you think that it wil break down the bear flag and make a new low? Share your views in the comment section. If you like this idea then do support it with like and follow. Thank You!
COINBASE:BTCUSDLong
by CoreCrypto1
12
Bearish breakout of the BTC bear flagA significant bearish breakdown of the parallel channel/bear flag has begun. The triple bearish divergence and decreasing volume is now playing out. As usual, we need patience to see what the follow through price action looks like. Will we see a backtest of the channel as resistance or do we break back into the channel and continue the short term uptrend? I think more likely than not, this is the beginning of the continuation of the larger bear market cycle for BTC and crypto as a whole. Remember too, there is the bullish shark pattern that needs to reach at least $10k to play out completely. No guarantee but it is certainly still in play. We will probably see significant resistance at the old December 2017 cycle top around $19,891 if we dip that far.
BITSTAMP:BTCUSD
by wuliwong
2