CrypTrader31

[Dow Jones] bearish - strong resistance around 340 - bearish divergences - bearish S&P500 (coming recession)

[Amazon] bearish - death cross - bearish divergences - bearish SPX (coming recession)

[SnP 500] Warning From a technical point of view, the SPX is in a rising wedge pattern with bearish divergences on the indicators and a FIBO retracement near 61.8%. From a macro point of view, it should be remembered that all inflationary shocks have always caused a recession, the warning signs of which are bank failures (Silvergate Bank, Silicon Valley Bank, Signature Bank, First Republic Bank and soon PacWest). In the short term, the market drop will surely be triggered by the US debt crisis.

[Bitcoin] next steps - golden cross - increasing volumes - bullish divergences - end of the big falling wedge (throwback completed) - historical technical supports (Price, MACD , Disparity Index , RSI ) - blue pill (Hash Ribbons indicator, not in this chart) - bottom found (Puell Multiple indicator, not in this chart) - reversal signal (Network Value to Transactions ratio, not in this chart)Comment: target1: $31KComment: target1 reachedTrade activeComment: The next target should be around $32k before falling to $25k.