Big waterfall sell off coming WARNING; IF YOUR STILL IN BUY PROFIT… GET OUT!!
This is very dangerous sight and solana had failed plenty attempts to meet back 30$ but the big fall from the sell last year was a monster.
It met from 27$ and consolidated.. bearish sell pressure is getting heavy like a rock.
Should expect the big fall … this is a beautiful sell.
Target I see is 5$ but possible will be the bottom for solana; if not then a bit further down basement is 2$.
Ether two will be the bottom.
Crash
There’s no turning back of this crashis Debt ceiling deal isn’t over yet… but we all know what’s coming of the big drop. Since passed the resistance and support are breaking slowly.
This could we even worse than we think, use caution and your still in profit ( GET OUT!!)
We are about to head to Denial path sooner or later.
I warned y’all about this and I knew this will happen
Target is 700 but 400 I can see as the bottom
US economy collapse is coming ? Economy collapse will be coming as soon as we know it.
The government default is coming but they made a deal about the debt ceiling. Is it good or bad ?
It’s bad for the economy yall it’s not good .. we might expect to see US collapse until the ceiling broke and inflation will rise, which means Powell has to do 25-BSP or maybe 50-BSP..
Overall USA ran out of money but they raised it up billions of dollars more which means student loans payments will be reinstated and more.
Honestly I don’t really like the sound of this and this will put us into a recession
High Risk for the Coming WeekExpectation is the white path, if we breakdown around June 9th then it will tank to 3700s by end of June
If downside isn’t explosive and takes longer than end of June it will likely bounce (dashed path)
Max upside I see is 4310 but it has the setup to drop from here directly on a sell the news June 1st when debt ceiling gets raised
Any delay in a deal will be bad. I think the NASDAQ is going to lead the way down due to its increasingly unstable setup
279 by end of JuneSimplest chart I will ever post, pay attention to the stochastiRSI here. This is coiled for explosive drop - it will be termed a crash but its really just a test of breakout level from Oct-Dec2022 that never got tested as support.
The weekly RSI overold and outside bollinger signaling overextended.
These are just supplements to indicate its about time for the drop. I have too many lines on my chart currently to post with the drawings enabled lol.
A lot mrore went into the 279 prediction but here is summary:
- Breakdown level is 324-326 (will test next week)
- break below will drop it to test 302-310 (likely will get attempted bounce there and rejection around 315 before main portion of drop)
- Target = 279 (earliest this will be realized is 6/16 - 6/23)
If the crash is not as drastic as I'm expecting it will still reverse here but take longer to hit targets.
Roof here is 349 (.618 off Jan 22 high)
This is a wave c of B of IV, the drop will begin wave C of IV - these have the characterictic of being very explosive and are often termed "crashes" when they occur.
Not out of the water - not even closeBreakdown level = 141
Needs to get there by 6/9/2023 to break lower toward targets:
PT1 = 127 (by 6/16)
PT2 = 87 (by 6/23)
PT3 = 70 (if it makes it there it will be the bottom)
I am playing puts expecting PT1
Scenarios:
- if it breaks above 196 then it has upside to 211-219 (not likely)
- if it tests 159-167 and bounces that could lead to breakout
- More Likely to test 141. If it tests this late (after 6/9/2023) then it could consolidate in that range until 6/27.
*** The market is about to crash (quite literally) in the coming week, so expect red path.
Sincerely,
Elon's call girl
CONSOLIDATION NEARING ITS END!The SP500 is in long consolidation and it looks like it is near to its end.
I am considering two scenarios:
1. After debt ceiling deal – when they increase debt limit – the price will break up as a bull trap and will bounce from the next resistance.
It will fuel the price to push to the targets – near pandemic bottoms.
2. The price, after the deal, will do correction of last decline and will continue to drop till meet the targets.
The history of the Flash Crashes in BTC, how to make money on itI'll start this post with what I've earned on the covid flash crash myself. This success was repeated in May 2021 but in other token.
That's why I know a little about it.
At the end I wrote why next flash crash is possible
Bitcoin and other cryptocurrencies often experience flash crashes when there are sharp and significant price declines for a short period of time. These events can be triggered by a variety of factors, including market panics, big selling, news, or regulatory changes. Here are a few known instances of flash crashes in bitcoin history :
The flash crash On June 19, 2011, the price of bitcoin dropped from about $17.50 to just $0.01 on the low-volume Mt.Gox exchange. The reason for this flash crash was a huge sales order to sell 2,000 bitcoins at the market price.
Flash Crash On April 10, 2013, the price of bitcoin plummeted from about $260 to $45 in a short period of time. This followed a series of crashes on the Mt.Gox exchange and a number of other factors that caused panic among traders.
Flash crash On June 21, 2017, the price of bitcoin on some exchanges dropped from about $2,800 to $0.10 in just a few seconds. This was caused by a technical malfunction on the GDAX exchange that led to the execution of a bitcoin sell order at a low price.
Flash Crash On September 17, 2019, the price of bitcoin on the Bitstamp exchange plummeted from about $10,000 to $8,100 in a short period of time. The reason for this flash crash was a large sale order for 5,000 bitcoins on the exchange.
Flash crash in 2020: On March 12, 2020, the price of bitcoin dropped by about 50% in a few hours, falling from about $8,000 to $4,000. This flush crash was caused by market panic related to the global COVID-19 pandemic and its impact on financial markets.
Flash crash in 2020: On May 10, 2020, the price of bitcoin dropped more than 10% in just a few minutes. This happened after bitcoin sales orders worth about $30 million were executed on the BitMEX exchange.
Causes of Flash Crashes
-Flash crashes, or sharp and brief drops in asset prices in financial markets, can be caused by a variety of reasons. Some of the main causes of flash crashes include:
-Automated trading systems: The use of computer programs and algorithms to perform a large number of trades can lead to a situation where these systems start selling assets automatically in response to certain market conditions. This may lead to a spike in sales and a sharp drop in prices, resulting in a flash crash.
- Market Liquidity: Lack of liquidity in the market, that is, the inability to quickly buy or sell assets without a significant change in their price, can contribute to the occurrence of flash crashes. When large numbers of investors are trying to sell assets at the same time and there are not enough buyers, prices may decline sharply.
- Systemic Failures: Technical failures and errors in trading platforms or settlement systems may cause flash cracks. Incorrect orders or execution of trades, delays in transmitting information, or problems with transaction processing may create volatility in the market and provoke sharp drops in prices.
- Market Emotions and Panic: Heightened nervousness, emotional reactions, and panic among investors can also contribute to flash crashes. If a significant number of investors start selling assets en masse due to fear and anxiety, it can cause a spike in sales and a sharp drop in prices.
What were some inefficiencies in the market that could be exploited in the financial markets
There are several instances in the financial markets where inefficiencies could be detected and exploited for profit. Some of these cases include:
-Arbitrage between different markets: If assets are traded on different markets or exchanges at different prices, one could buy an asset at a lower price in one market and sell it at a higher price in another market, profiting from the difference in prices. This is known as arbitrage.
-Mispricing Companies: Sometimes investors may mispriced companies' stocks, creating opportunities to buy undervalued stocks or sell overvalued stocks. Such valuation mismatches can create opportunities for profits.
-Temporary Price Mismatches: Sometimes there are temporary asset price mismatches in financial markets caused by panic, emotion or unforeseen events. If an investor is able to identify such mismatches and take appropriate action, he or she may profit from their correction.
Explore the last point
Temporary price mismatches in financial markets occur when asset prices deviate from their fundamental value for a short period of time. This can be caused by various factors such as panic, traders' emotional reactions, unexpected news or errors in trading algorithms.
Temporary price mismatches present opportunities for traders or investors to capitalize on the difference between the current price and the fundamental value of an asset. Some examples of timing mismatches in prices include:
Inefficiency of crypto exchanges: There can be differences in asset prices on different trading platforms, especially during volatile market conditions. Traders can exploit these differences to buy an asset at a lower price on one platform and sell it at a higher price on another platform, making arbitrage profits.
Use of Algorithmic Trading: Algorithmic trading systems can cause timing mismatches in prices. For example, if an algorithmic system triggers a large number of sell orders in a short period of time, it may cause the price of an asset to go down. Traders may try to take advantage of such situations to profit by entering buy positions when prices decrease due to algorithmic selling.
This is due to the fact that players who want to make money on Funding/Countdown and their ideal market is a flat and when the market moves, they simply leave the market and wait for a less volatile market. This is why there is a liquidity crisis on some exchanges and there is a price overshoot.
All signs of a flash crash, signaling as much as I can:
1.The exchanges also believed in the latest surge in trading volumes and are now going full steam ahead.
2.The crowd is sitting in coinlist and seals with potential profits.
3.The crowd is playing or holding memcoins.
4.Crowd sits in altcoins, which is "still cheap" and already near December lowes
5.No new steibles are released - no one from the outside is interested in crypto, those who wanted have already bought it
6. Bankfallls
7.FEDnow release
8.The subcycle in the global cycle I mentioned in other posts
That's why I recommend to register at different exchanges, to study and test different trading terminals
Best regards EXCAVO
Is Cardano a scam coin? Destined to crash to $0.01? Is Cardano a scam coin? Poised to crash to $0.01?
Already down 93% from its all-time-high. There is no whale interest whatsoever. Nobody is buying this coin.
Will it go down to $0.01? (Another potential 99% crash from here).
Bear market has not started yet!
If Bitcoin Repeated 2019In today's idea, we're going to entertain a "what if" scenario for CRYPTOCAP:BTC : what if the price of Bitcoin does an exact repeat of what happened back in 2019 up until the high in early 2021?
This hypothesis is based off the candle pattern that starts from the 2019 mid-cycle high (1). So, assuming April 2023 was our mid-cycle high of $31,035, it's interesting to note the possibility of further downside continuation for BTC.
From here on out it would be a slow grind down to $16,506 (2), then a sharp move to FWB:25K (3) (which would be an excellent fake out), then a final dump to $10,731 (4). While we aren't expecting (or hoping for) a repeat of the COVID crash that happened in March 2020, it's interesting to note that such a panic could push Bitcoin's price down to $10k- a level that would cause extreme fear and panic.
Lastly, the candle projection takes us just over $100k in early 2025 (5)- a realistic ATH target for Bitcoin in our opinion.
Note that this idea is purely based on a "what if" scenario, and should not be taken as financial advice.
DAX: Recession second wave. Vix exp. risk release.Recession second wave. Vix exp. risk release.
VIX exp 17e.
Options is getting volatile. can be sold today and market will crash before even vix exp.
SQQQ is getting much inflows these days and apple and big tech stocks get heavy shorts these past days into vix exp.
Biggest PUT exp is 19e. We need a lot of downside into that to keep options worth.
Never the same since 2008, American delusion Since the financial crash of 2008 the stock market has only gone up, will it continue to only go up? How long can America keep living in this delusional illusion.
Have thing only got better since 2008? Is the economy strong then ever?
No I didn't think so.
Not like its the reserve currency of the world. For now.
Don't wanna be political so thats all il say 😅
I'm bearish on America long term.
Imagine hitting the 1.13 fib retracement at $170 🤣
LTC & ADA Will Crash 90% – Bear Market Has Not Even Begun Yet!The bear market has not even begun yet for 99% of altcoins, such as Litecoin (LTC) and Cardano (ADA).
I expect these coins to crash at least another 90% from where they currently are.
I agree with people such as Big Cheds, Bob Loukas, Benjamin Cowen, and others that altcoins are far from having bottomed and in fact that the bear market has not even begun yet.
Anyone using leverage of 1.01x or higher and who is long will surely get liquidated within the next 1-3 months.
Bitcoin will crash to sub $10k as well.
BEFUDDLED BANKINGIt’s no secret that the US banking industry is facing some significant challenges when it comes to securities losses. In fact, the Big 4 US banks - JPMorgan Chase, Citigroup, Wells Fargo, and Bank of America - are sitting on a combined $211.5 billion in unrealized losses. That's a huge amount of money, and it's certainly cause for concern among investors and analysts alike.
One of the key reasons for these losses is the ongoing volatility in the financial markets. As we've seen over the past few years, there have been a number of factors - from geopolitical tensions to trade disputes to the COVID-19 pandemic - that have contributed to significant swings in the value of securities. For banks that hold large portfolios of these securities, these fluctuations can have a major impact on their bottom line.
Another factor that's contributing to the securities losses among US banks is the current low-interest rate environment. When interest rates are low, banks tend to invest in higher-yielding securities in order to generate returns for their shareholders. However, as we've seen in recent years, these securities can be risky, and when their values decline, it can lead to significant losses for the banks that hold them.
When it comes to regional banks, the situation is even more dire. These smaller institutions often have smaller deposit bases, which means that they have less capital to work with when it comes to investing in securities. As a result, they may take on more risk in order to generate returns for their shareholders. Unfortunately, this can backfire when the securities they've invested in experience significant declines in value.
So what does all of this mean for investors and consumers? Well, for one thing, it's important to be aware of the risks that banks are facing when it comes to securities losses. While the banking industry is generally seen as a stable and safe place to invest, the reality is that there are always risks involved. As always, it's important to do your own research and due diligence before making any investment decisions.
For consumers, it's important to be aware of the financial health of the banks where you keep your money. While the FDIC provides insurance for deposits up to $250,000 per account, it's still a good idea to make sure that the bank you're working with is financially stable and secure. Doing so can help to protect your money and ensure that you have access to the services and resources that you need.
The Deflationary SpiralAll credit booms brought about by Central Bank-induced artificially low interest rates and loose lending standards end in busts. In the recessionary phase that follows the boom, credit becomes much harder to attain and many over-leveraged businesses end up going bankrupt. The recessionary phase reveals the malinvestments and unsound business decisions that were made during the economic boom. Businesses & Consumers deleverage their balance sheets either through paying down debt or through bankruptcy. As loan demand falls & credit conditions tighten, debt issuance falls, which reduces the supply of money into the economy because the vast majority of currency that enters the economy is loaned into existence. When credit growths slows and begins contracting alongside a falling money supply, inventory piles up and profits & margins fall while consumer spending falls. Businesses are then forced to sell at discounted rates to liquidate inventory in anticipation of weak future demand, which further reduces profits & margins and leads to increased unemployment and weaker levels of consumption. The “Deflationary Spiral” subsides and an economic recovery can take place once balance sheets are back to healthy levels which can support debt accumulation, capital investment recovers, and once large amounts of the “bad” debts taken on during the economic boom have been deleveraged.
US M2 Money Supply is currently down -4.2% YoY using March 2023 data, the largest monetary contraction in the USA since the Great Depression. Using data going back to 1870, every time the money supply contracted by over 1% YoY the stock market had a large correction and the economy fell into a severe & lengthy contraction with unemployment reaching at least 7%. A banking panic always accompanied those contractions as well. Commercial bank deposits are currently down around -5% YoY, the most since the Great Depression. Total commercial bank deposits didn’t even contract during the early 1990s Savings & Loan Crisis. With money supply shrinking and the majority of banks unable to pay competitive rates on deposits, deposits will continue falling and more bank failures will occur. The large amounts of unrealized losses on bank balance sheets represent another impediment to loan growth and banks have continued to raise reserves for multiple quarters in response to rising default rates.
Fed research from the Fed Bank of Saint Louis show bank lending conditions (measured by percentage of banks tightening lending conditions) are comparable to early 2008 & late 2000. Bank lending conditions are a leading indicator for unemployment. The unemployment rate currently is still below 4%, but with the Conference Board’s Leading Economic Indicators index currently at -7.2% and the bond yield curve still inverted, many reliable economic datapoints show that the economy is closer to the beginning of this business cycle downturn and debt deleveraging than the end. Yield curve inversions & Conference Board LEI’s have been some of the best leading indicators for a recession since the 1970s. Since 1968, any Conference Board LEI contraction of more than -2% YoY has never yielded a false positive in regards to a coming recession. The Credit Managers’ Index newly released data for April showed that the index for rejection of new credit applications (within the service sector) was 45.9, its lowest level since March 2009.
The US Consumer is beginning to run dry on savings. The majority of Americans are living paycheck to paycheck and consumer credit growth (which had been expanding rapidly in 2022) has slowed markedly. Total consumer credit growth has fallen about 50% YoY (using the 3 month average of data from December - February). After falling below 3.2% in the summer of 2022, the US savings rate is still low by historic standards, currently 5.1%. Announced job cuts for the month of March were 89.7K, higher than the first 3 months of the 2008 recession. US large corporate bankruptcy filings (Bankruptcies of companies with over $50M in liabilities) from Jan-April totaled 70, seven more than during the same length of time in 2008. Student loan debt payments are set to resume again this summer, which will further reduce consumer spending. US Consumer sentiment levels measured by University of Michigan hit the lowest levels ever (going back to 1952) in the summer of 2022, and they have been fluctuating around 2H 2008 & 1H 2009 levels ever since. Delinquency rates on things like automobiles, credit cards, and commercial real estate loans are soaring. Cox Automotive found 1.89% of auto loans in January were "severely delinquent" and at least 60 days behind payment, the highest rate since the data series began in 2006. In March, the percentage of subprime auto borrowers who were at least 60 days late on their bills was 5.3%, up from a seven-year low of 2.58% in May 2021 and higher than in 2009, the peak of the financial crisis, according to data from Fitch Ratings.
Retail sales are an economic metric that track consumer demand for finished goods. US real retail sales down -2.1% and EU real retail sales are -9.9%. German real retail sales for the month of march just came in at -15.8% YoY! According to Bloomberg, Global PC shipments are down close to 30% YoY & Apple computer shipments are down about 40% YoY. In the past 50 years, US Gross fixed capital formation has only gone negative in the US before and during recessions. It is now negative and there has never been a false positive. Data from the Mortgage bankers association showed a -39% YoY decline in Mortgage purchase applications, a decline to its lowest levels in over 26 years. US Building Permits are down -24% YoY. Housing Starts YoY are down -17% YoY. Existing Home Sales are down -22%. Every national housing downturn in the past 45 years has taken at least 4 years from peak to trough prices, indicating that the current housing downturn is likely to continue for at least 2-3 years.
Every FED Regional bank report on manufacturing (using a 3 month average of the data) is in a contraction. The April Philadelphia FED Manufacturing index came in at -31.3. Since 1969, Every reading under -30 was either in a recession or a few months away from one. April Richmond FED Service Sector Index registered a -23, the same number as in Nov 2008 & Feb 2009 & worse than Jan 2009 which was -20 (August and September 2008 were -10 for reference). US manufacturing production is down -.5% YoY. March 2023 ISM PMI data was also very insightful. USA ISM Manufacturing PMI (March) was 46.3, its lowest level since June 2009 (excl. H1 2020). For reference, in the 08 recession, it wasn’t until October 2008 that the ISM manufacturing PMI fell under 46.3, over 9 months into that recession. USA ISM Manufacturing New Orders (March) was 44.3, its lowest level since March 2009 (excl. January 2023 & H1 2020), USA ISM Non-Manufacturing PMI (March) came in at 51.2, its lowest level since Jan. 2010 (excl. H1 2020).
The US Stock market is trading at one of the highest Shiller PE ratios & stock market capitalization to GDP ratios in history. Present day stock market valuations are rivaled only by the Roaring 20s Bubble (1929), The Nifty-Fifty Bubble (late 1960s/early 1970s) & the 1999/2000 Dot-com Bubble. All 3 of those examples were followed by the most negative 10 year real returns in USA stock market history going back to 1913. Over 40% of businesses in the Russell2000 are unprofitable and over 1/5 of the S&P500 are zombie companies. Clearly, the stock markets as of April 2023 are still in bubble levels of overvaluation.
Looking at the data in aggregate, I believe that a recession is currently occurring. Assuming earnings fall by about 30% peak to trough, using a conservative average from the past 4 US recessions, I assume S&P annualized earnings will fall to around 155. Using a conservative valuation multiple of 14, that gives a target price of about 2,200 for the S&P500 that is likely to be hit in Q4 2023 or 2024.
Thank you for reading,
Alexander Charles Lambert