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Bearish Patterns

theta midterm sell"🌟 Welcome to Golden Candle! 🌟 We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎 Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫 Instead, they reflect our own 💭 personal attitudes and thoughts. 💭 Follow along and 📚 learn 📚 from our analyses! 📊💡"
Short
by Golden_candle
23/12/24 Weekly outlookLast weeks high: $108,403.98 Last weeks low: $92,261.97 Midpoint: $100,332.98 Last week we saw a swing fail pattern (SFP) of the week previous' high. Ever since then it's been a steady sell off throughout the week, mostly thanks to JPows FOMC statements despite a 25bps cut as forecast. BTC is now battling the 4H 200 EMA for the first time since the US election, a much needed pullback or the start of a further sell-off? Going into the holidays we should expect a lower volume as whales take some time off, retail will remain as crypto is shilled to family members over Christmas dinner so the market will continue to be interesting. The 4H 200 EMA is a key battleground, I would have hoped to see a better reaction off the moving average initially but maybe this is bad timing due to the holidays and lower volume, or the reluctance to open new trades while markets are shut etc. This week is obviously quiet in terms of data releases, there are various token unlocks ENA, IMX, FET and burns for some key altcoins such as ISP & BONK. I think the general consensus is that normal service will resume in January once everything opens back up. So for this week it's probably better to set alerts for key areas you want to get involved in, planning for when volume returns to the markets and when Trump takes office too. Merry Christmas to all and good luck!
by ProR35
NAS100USD Will Go Lower! Short! Here is our detailed technical review for NAS100USD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 21,471.9. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 20,314.7 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
OANDA:NAS100USDShort
by SignalProvider
1
Has BITCOIN reached its maximum and is a bear market coming?To make a prediction about Bitcoin’s next rally based on historical patterns, we should first examine the overall trends and how these increases and decreases have evolved in percentage terms. Data observations: 337,000% increase -> 93% decrease Massive increase, followed by a steep correction. 61,000% increase -> 86% decrease Significant increase, but smaller than the first, and the decline was still close in percentage terms. 11,000% increase -> 84% decrease Smaller increase, the decline remains large, but slightly milder. 2,000% increase -> 77% decrease Significantly smaller increase compared to previous cycles, and the decline continued to moderate. Observing a descending pattern: The increases seem to be getting smaller and smaller with each cycle, and the decreases also tend to be less severe. This shows diminishing returns on increases and a reduction in market volatility. Estimate for the next increase: Given this pattern, the next percentage increase could be significantly smaller than the last one (2,000%). If we apply a progressive reduction coefficient, as was the case in previous cycles, the increase could be around: ~300%-500%. This would mean a maximum increase of 5x from the low of the last cycle, and currently we have an increase of over 600%, that is, 6x. Is this ATH in this bull market? To estimate the duration of the next Bitcoin uptrend, we can analyze how the duration of these uptrend cycles has evolved over time: Historical data: 240 days 730 days 850 days 1050 days Notes: The increase in duration between cycles is not uniform, but follows a general trend of extending duration. The duration increase intervals were: From 240 -> 730: +490 days From 730 -> 850: +120 days From 850 -> 1050: +200 days Analysis: The duration extension appears to be accelerating moderately, with an irregular but generally increasing trend. If this pattern continues, the next cycle could add between 200 and 300 days to the previous duration (1050 days). Estimate: The duration of the next cycle could be: ~1250-1350 days. This estimate corresponds to a natural extension of Bitcoin cycles, reflecting wider adoption and lower volatility as the market becomes more mature.
CRYPTO:BTCUSD
by Smaryo3001
4
AUDCHF Is Going Down! Sell! Please, check our technical outlook for AUDCHF. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 0.558. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.553 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
2