Annual Forecast for Bitcoin (2022)

Bitcoin – BTC price (COIN:BTCUSD) is a bear market, and the bearishness has started since

2021, and it is expected to last till the middle of 2024. Going long in the market will always be a suicide mission.

Looking at the daily chart here, it can be seen that the major trend is bearish.

Price is already below the lower Trendline, though the RSI period 14 seems to be sloping upwards, now above the level 50.

However, what the RSI portends is an opportunity to go short on the current weak rallies. The RSI will turn south again very soon.

The outlook on BTCUSD is very bearish, and the trend will last throughout this year and next year, even into the year 2024.

Thus price would reach the support levels at $12000, $10000 and $8000 before the end of 2023.

 

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Annual Forecast for Ethereum (2022)

Ethereum – ETH price (COIN:ETHUSD) is a huge bear market, which has started since 2021, and would continue till 2024. The best line of action to follow here is to sell and sell short.

4 EMAs are used for this analysis and they EMAs 10, 20, 50, and 200. The color that stands for each EMA is shown at the top left part of the chart.

All the EMAs are essentially sloping downwards, although price is currently above the EMAs 10, 20 and 50, owing to the recent mild bullish effort. Price will eventually go below them again, as the market crashes through major support levels.

Of course there would be rallies along the way, orchestrated by positive fundamentals, events and improved metrics. Nonetheless, that would eventually prove to be bull traps as bears will prevail and drive prices further downwards.

This is no joke: ETH is set for massive southwards movement which will happen either rapidly or gradually.

The long-term outlook on ETHUSD is extremely bearish and the support levels at $1200, $800 and $400 would be reached within now and early 2024.

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Annual Forecast for Lloyds (2022)

Lloyds Banking Group Plc shares (LSE:LLOY) are weak, and the weakness has been going on for several months. From February 2022 until the present, any rallies in this market are simply opportunities to sell at higher prices.

 

The ADX period 14 is above level 20, going towards level 30. This means the momentum in the market is quite considerable. The DM+ is below the DM-, which shows that sellers have upper hands.

Likewise, the MACD default parameters, has its signal lines and histogram above the zero line. This, along with what the ADX period 14 is showing, has already generated a Bearish Confirmation Pattern in the market. It is sensible to take sides with bears.

The outlook on LLOY is bearish this year and price could reach the accumulation territories at 40.00, 35.00 and 30.00.

 

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Annual Forecast for Nasdaq 100 (2022)

Nasdaq 100 stock (NASDAQI:NDX) is bearish. The current bearish trend has been going on for the past several months. From February 2022, until now, sellers have consistently pushed price southwards.

Can price go upwards from here as the stock index looks so cheap now?

                               

                        

Price is currently above the EMA 21, and William’s % Range period 20 is sloping towards the overbought area.

We would wait for another bullish candle to form, and once William’s % Range reaches the overbought area, a clean bullish signal would have been generated (provided that price remains above the EMA 20).

The bias for Nasdaq 100 has already turned bullish and price is expected to go further higher and higher from here, reaching higher highs and lower highs and higher highs.

The next target for this index is 12,500.00, 13,500.00 and 14,000.00.

 

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