I thought it was time to make a long-term chart, with all these wrong charts going around, hehe. I think that the correct fit is a square root function in the logarithmic chart, meaning that the growth is slowing down on long timescales. BTC cannot just continue to grow exponentially. This would lead to insane prices of many millions in 2025. I am a long-term...
Ethereum shows a lot of weakness on the major timeframe. You can see that the downtrend was pretty steep, and now we are in a bullish correction / consolidation. The chart is printing a big bearish flag or ascending parallel channel, and I think we should test the upper trendline first before continuing lower below 900 USDT. The bear flag is a little bit...
Gold is trading in an uptrend channel, but there is a nuance - a weak reaction to support and numerous retests. What should we expect from the price? The gold makes many retests to the support of the uptrend channel, and that increases the chances of a break-up attempt. If that happens, the price might fall to 1940. But, since we are still inside the channel,...
Trading financial instruments involves risk and may not be suitable for everyone. Before deciding to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot...
Another "many promising" project - Arbitrum ARB There is a lot of hype around the project and a lot of listings, but at the same time, a lot of ARB giveaways and little trading history. We usually evaluate all crypto projects without a "wow effect" and not through rose-colored glasses). This approach may not give, 1000000% profits every day, but it also saves...
The price perfectly fulfills my last idea and it hit the target. It's heading toward the main resistance. The price broke and fixed above the range zone. It is squeezed and I think gold might go up to test the main resistance at 2000 because triangle pattern that formed on the 4H timeframe usually breaks toward the main trend. I expect gold to range some time and...
Hello traders ,what do you think about BITCOIN ?After its recent growth, Bitcoin has now reached the resistance zone, also the weakness in the trend is observed and the divergence in the RSI oscillator is also observed. We expect it to fall at least to the specified zone after a little fluctuation in this area If this post was useful to you, do not forget to like...
EURCHF: Watch For Price Reversal Near The Resistance Zone Price is creating a very big expanding pattern. As we can see from the chart the price is already testing the upper part of the pattern and the chances are very high that we can see sellers add more pressure. So just find a reason to sell because it is not a must that the price should move down. You...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📌 on H4: Left Chart As per my last analysis, we know that BTC has been sitting around the upper bound of the gray range. Yesterday, BTC rejected the upper gray zone and now trading lower. Hence, as we approach the lower gray zone / green trendline, we will be looking for...
Hi Traders, Investors and Speculators of the Charts 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. When it comes to macro trends and cycles or phases; I prefer to make use of fractals and probability. (I'll do a video on probability...
The market went up from support level . The price is updating swing highs and lows. The market broke through a range nad fixed abov it by making impulse leg. I think the market may retest the resistance zone if the market pulls back to support area and upward trendline. My goal is resistance zone at 1.09500 Traders, if you liked this idea or if you have your own...
Bitcoin's current price is $28600, which is slightly higher than the previous day's closing price, showing a positive trend. RSI: The Relative Strength Index (RSI) is 64, indicating that Bitcoin is in a slightly overbought condition, suggesting that the buyers have been dominant over the past few hours. Fibonacci retracement levels: The Fibonacci retracement...
I made a huge mistake thinking that Bitcoin would crash to zero and hit $11,000 next followed by $6,000 and then $3,000 because interest rates, CPI, etc. I admit my mistake and apologize and go back 100% to just reading the chart. Bitcoin is absolutely bullish. The RSI is super strong. The MACD is on the bullish side. Low volume can be taken as the...
Gold is strengthening. The price reacts perfectly to the resistance breakout mentioned in yesterday's idea and the gold updates the local high to 1985. Only 2000 is ahead. TA on the high timeframe: 1) The lower right chart shows an active bullish trend and consolidation formation in the green zone. Bullish potential persists. 2) Moving lines act as support...
Two days ago I've said that I expect a rise for EurUsd and also a rise for UsdJpy (Stronger than Usd Euro, but also stronger than Jpy Usd) and this will give us a double effect on EurJpy. Indeed, this happened, and EurJpy rose 300 pips in these two days. Technically speaking, at this moment, the pair is above 143 resistance, which is now support and is correcting...
Bitcoin is likely to undergo a correction right now even though it is still early to say so. ✔️ This correction can lead Bitcoin hitting around $25,000/$26,000 or even $23,000. No, Bitcoin is not aiming for $15,000 nor $10,000 at this point and isn't likely to go back to these levels ever again, ever, unless the financial crisis takes it down with the rest of...
MFI heading down fast but RSI is still going up which indicates a melt up on good CPE numbers. Even in a melt up, the time to buy is when MFI goes oversold. Probably happens Monday. At this point I might as well wait, lol. I should've been more bullish for CPE numbers but I expected a dip on German CPI and didn't get it. Oh well. I don;t recommend shorting...