largepetrol

Has to bounce at these levels or else it finds new lows, but in the case that it does see a bounce this is set up to actually skyrocket. If crypto has a bear market it probably takes out the lows, or if it finds support here you could at least expect it to come back to these local highs. Would not expect this to play out, but it will be dirt cheap perhaps worth watching.

Good news is Solana was able to wick and grab a new high in this move. Bad news is this looks like distribution of its move and the near support levels have already been tested. Expecting a retrace back to the move which took us to the previous high, or previous accumulation levels. If crypto market sees a bear market would expect below $50 for sol, probably below $20 Trends plotted by the TrenVantage LITE indicator,

Long way down for Bitcoin here. MACD is a very powerful tool and seeing a divergence this big is not a bullish signal. Weekly divergence on the MACD is one of the biggest tells in the crypto space and when this prints its incredibly successful signal. Most folks will think that this range between $73,000-$50,000 is the target, but all of these levels are tested. People forget we tested 73k before making this move to 125k. Would suspect lower than this range. More likely target would be this lower range in the 47k-40k. There is not much liquidity there, I suspect we retest these untested trend start down between 20-30k. TrenVantage LITE automatically plotting the trends in blue Monthly chart here for reference. MACD also flipped bearish on the monthly https://www.tradingview.com/x/pOlVJeqn/ Testing this low, and holding this 25k range. Sets the long term bull market up for 400k + in 2030 and beyond.

Looking like bitcoin is at an inflection point here. Trenvantage LITE algo plotting the trends. With everyone hoping for a bounce to new ATH here, would imagine it trends down towards the 55k area. Lots of levels for them to play in this zone. Chances are it tries to take out this monthly uptrend. Most hoping for a bounce at 82, if 78 doesnt hold and provide the bounce to new ATH then we see lower. Most will be targeting 70-73 but in reality thats already been tested, we probably see low 50s. Bear market takes us down to the untested levels sub 30k into the 20s. Would set it up for a massive run in 2030 or beyond.

A look at this crypto NEAR using TrenVantage LITE indicator. Automatically plots the trends. Levels are plotted by TrenVantage TRADE and drawn manually.

Quick look at nvidia using the TrenVantage LITE indicator. Clearly in a downtrend here, close levels plotted are daily's that have been tested, chances are they wont hold. Would expect to see the lower levels since this has already turned into a downtrend. Weekly Monthly and Daily Key Levels all plotted.

Quick look at google leading the pack for tech here using the TrenVantage LITE indicator. Currently in an uptrend as we can see but theres significant downside risk for a pullback. Timeline is a few months, but if it starts to tumble watch these levels

Using this indicator we can clearly see the trends that META has been taking. Some Key support and resistance lines i have added to this daily chart. Interesting to see if it pushes back up towards the highs.

RobinHood Weekly Chart with TrenVantage LITE plotted. Indicator status box showing the clear downtrend, trends being autoplotted by the indicator as well.

Threw a simple FIB on the ETH moves and take what you will from this. Seems a target of 15k is realistic