SwingTraderPhilTV

🪚Ethereum ( ETHUSD ) can still drop about -30%: 🔎Analysis summary: Over the past four years, Ethereum has been creating a major bullish triangle. With the recent all time high retest, we are now seeing an expected reversal. But considering the bullish nature of this triangle, Ethereum will head higher after a retest of the next support. 📝Levels to watch: $2,000 SwingTraderPhil SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION

🚨Bitcoin ( BTCUSD ) enters the next bearmarket: 🔎Analysis summary: Bitcoin always creates textbook cycles. And after every retest of the major resistance curve, Bitcoin started a major bearmarket. Since we already witnessed bearish confirmation, Bitcoin is heading for a new correction. Just let it play out. 📝Levels to watch: $60,000 SwingTraderPhil SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION🚨Bitcoin ( $NASDAQ:BTCUSD ) can still drop more: 🔎Analysis summary: Over the course of the past couple of weeks, Bitcoin already dropped an expected -30%. However, it is totally expected that we see a short term consolidation now. The underlying trend still remains bearish though and Bitcoin will drop more in the near future. 📝Levels to watch: $60,000 SwingTraderPhil SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION

🗿Bitcoin ( BTCUSD ) created the bullrun top: 🔎Analysis summary: A couple of weeks ago, Bitcoin retested a major decade long resistance curve. Since Bitcoin then already created bearish confirmation, we are currently seeing an expected crackdown. Considering all the underlying trends, this bearish cycle is still not over yet. 📝Levels to watch: $70,000 and $50,000 SwingTraderPhil SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION🗿Bitcoin ( BTCUSD ) already corrected -40%: 🔎Analysis summary: After creating the previous all time high perfectly at resistance, Bitcoin already dropped about -40%. Looking at all the previous cycles, Bitcoin can still correct a little more. Eventually, we will see a bottom, but so far the crypto space clearly remains bearish. 📝Levels to watch: $70,000 and $50,000 SwingTraderPhil SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION

🎀Tesla ( TSLA ) can still confirm the breakout: 🔎Analysis summary: Just two months ago, Tesla perfectly broke out of the major ascending triangle pattern. In the meantime we just witnessed a major consolidation at the all time high. Quite likely that Tesla will soon confirm the breakout, launching another parabolic rally from here. 📝Levels to watch: $400 SwingTraderPhil SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION🎀Tesla ( TSLA ) perfectly plays out now: 🔎Analysis summary: After we witnessed a decent retest of the breakout level last month, Tesla now creates the major move higher. So far the triangle breakout is being confirmed, meaning that we will soon see a decent rally. Tesla just has to create new all time highs pretty soon. 📝Levels to watch: $400 SwingTraderPhil SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION🎀Tesla ( TSLA ) is still heading higher: 🔎Analysis summary: With this monthly candle, Tesla is slowly starting to reject the previous breakout level. We just have to see another couple of days of bullish price action, then the breakout is officially confirmed. This means that Tesla is setting up for the next major bullrun. 📝Levels to watch: $400 SwingTraderPhil SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION

🪚Bitcoin ( BTCUSD ) will still head lower: 🔎Analysis summary: Taking a look at all previous cycles on Bitcoin, each cycle lasted for about 1,000 days. Together with the current retest of the major resistance curveline, the recent move lower was totally expected. And looking at clear market structure, this correction is not over yet. 📝Levels to watch: $75,000 and $60,000 SwingTraderPhil SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION🪚Bitcoin ( BTCUSD ) is still in correction mode: 🔎Analysis summary: Recently we have been witnessing a lot of back and forth on Bitcoin. But right now Bitcoin is finally heading lower as expected. This bearmarket is clearly not over and such strong selling won't just stop tomorrow. Just look at the higher timeframes please. 📝Levels to watch: $75,000 and $60,000 SwingTraderPhil SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION🗿Bitcoin ( BTCUSD ) has been bleeding: 🔎Analysis summary: Overall, all of the recent behavior on Bitcoin has been totally expected. And as we are speaking, Bitcoin is at least slowing down this bearish pressure. It is just a matter of time until Bitcoin will rally again but until then, we can see another -20% move lower. 📝Levels to watch: $70,000 and $50,000 SwingTraderPhil SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION

🥊Apple ( AAPL ) is reversing right now: 🔎Analysis summary: Starting back five years ago, Apple established a major rising channel pattern. Following this channel, Apple recently created a textbook +40% move higher. But with the current retest of resistance, we will certainly see another pullback of -30% in the near future. 📝Levels to watch: $250 SwingTraderPhil SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION🥊Apple ( AAPL ) retests major resistance soon: 🔎Analysis summary: This month, Apple just created another bullish candle with a move of about +3% higher. However, you can also see that Apple is slowly approaching a major resistance trendline. Eventually, we will see a pullback, but first, Apple can rally another +10%. 📝Levels to watch: $300 SwingTraderPhil SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION🥊Apple ( AAPL ) is slowly shifting bearish: 🔎Analysis summary: After an incredible - but expected - rally of about +50%, Apple is now retesting major resistance. Therefore, it becomes more and more likely, that Apple will now create a bearish reversal. And it always starts with the creation of bearish confirmation soon. 📝Levels to watch: $240 SwingTraderPhil SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION

🥊Ethereum ( ETHUSD ) continues the bearmarket: 🔎Analysis summary: Just over the past couple of weeks, Ethereum has already been correcting about -40%. This happened due to another failed all time high breakout sending prices lower. And Ethereum can drop another -30% before it will then retest a major confluence of support. 📝Levels to watch: $2,500 and $ 2,000 SwingTraderPhil SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION🥊Ethereum ( ETHUSD ) is still clearly bearish: 🔎Analysis summary: Over the past couple of weeks, Ethereum has been dropping an incredible -45%, literally wiping out billions of dollars. But now we are seeing bulls slowly starting to step back in and buying crypto. Looking at the chart, this is still not the end of the drop though. 📝Levels to watch: $2,500 and $ 2,000 SwingTraderPhil SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION🥊Ethereum ( ETHUSD ) is just back and forth: 🔎Analysis summary: Yes, we already witnessed a major drop on Ethereum of about -45%. But this does not mean that this drop is now over. In fact, it is quite likely that we always see countertrend moves, before the next major impulse lower. So far Ethereum is still clearly bearish. 📝Levels to watch: $2,500 and $ 2,000 SwingTraderPhil SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION

🚽Google ( GOOGL ) is now creating a top: 🔎Analysis summary: Over the course of the past couple of months, we witnessed a major rally on Google of about +100%. This rally was totally expected, following the underlying bullish rising channel. But with the current retest of the trendline, Google is heading for a major correction. 📝Levels to watch: $300 and $200 SwingTraderPhil SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION🚽Google ( GOOG ) will reverse right now: 🔎Analysis summary: Yes, as we are speaking, Alphabet is still clearly in a very bullish market. With this monthly candle of +13%, bulls are still totally in control. But soon, we will see weakness followed by a major rejection lower. The channel resistance is still totally valid. 📝Levels to watch: $300 and $200 SwingTraderPhil SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION🚽Alphabet ( GOOG ) is slowly shifting bearish: 🔎Analysis summary: Alpgabet is currently retesting major resistance. Therefore a decent move lower is totally expected. Just keep in mind that after a massive rally of about +120%, it takes time for a market to reverse. And first, we have to see beautiful bearish confirmation here. 📝Levels to watch: $300 and $200 SwingTraderPhil SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION

💣Nvidia ( NVDA ) is now creating a top: 🔎Analysis summary: Just a couple of days ago, Nvidia perfectly retested a major resistance trendline. Always in the past, such a retest was followed by a major move towards the downside. Therefore, Nvidia is preparing for a major drop, which could lead to another -25% drop in the future. 📝Levels to watch: $180 and $140 and $100 SwingTraderPhil SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION

🔪Bitcoin ( BTCUSD ) will drop -40% very soon: 🔎Analysis summary: If we just take a look at previous cycles, Bitcoin is already starting a major -40% correction. If we then also take market structure and price action into account, this becomes a 100% probability setup. The next clear crypto bearmarket is starting right now. 📝Levels to watch: $100,000 SwingTraderPhil SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION🔪Bitcoin ( BTCUSD ) is literally collapsing: 🔎Analysis summary: Bitcoin already created a -30% drop after retesting a major resistance curve. Therefore all of the previous price action was totally expected and not a surprise at all. Yes, Bitcoin is oversold now but the next support is still at about -30% lower from here. 📝Levels to watch: $50,000 SwingTraderPhil SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION🪚Bitcoin ( BTCUSD ) is still 100% bearish: 🔎Analysis summary: After retesting the major resistance curve and creating bearish confirmation, Bitcoin already dropped about -40%. But looking at all previous cycles, this drop does not seem to be over yet. In fact, Bitcoin could drop another -20% before it will retest first support. 📝Levels to watch: $75,000 and $60,000 SwingTraderPhil SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION