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.
The markets are currently taking a breather after upside price action and this is typically where we expect altcoins to shine. Chainlink...
Since 2015 this stock has reached a peak every 3 years approximately, as it happened in 2018 and 2021, this time it could happen again around mid 2024 as the price has plumbed drastically, reaching an all-time low.
If this is true, then price could be around 7 to 10 dollars during 2024. If "Project Athens" is succcesfful and the company is able to regain...
Hello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Bitcoin just recently perfectly created and also already confirmed a quite nice inverted head and shoulders with the neckline being exactly at the $25000 area.
From a weekly perspective everything seems quite bullish overall so I am...
Why you should care to listen to this.
I first discovered crypto in 2013, but my initial encounter with Bitcoin dates back to 2009. At the time, I dismissed a considerable amount of Bitcoin as a trivial payment for a World of Warcraft private game server admin position. However, in 2011, I was reintroduced to Bitcoin and purchased a significant amount for $10....
INDEX:BTCUSD
DCA is a very good strategy to invest into "future" like bluechip or bitcoin/ethereum. However, one of biggest problem of DCA is "too soon" DCA period.
This chart shows you how to archive good DCA from the beginning using cyclic indicator based on dominant cycle idea.
Hartalega. For its past 3 dynamic cycle ( no. 2 purple) always near the blue vertical dotted line. So.so...So!!! Hartalega having “high probability” trending up until end of 2023 min for next cycle no. 2 (purple).
BTC usually rises up ~170% fom its bottom till the next halving date.
Then breaks its previous ATH around ~1/5th into its next halving cycle (red line)
The US Consumer Confidence Index (USCCI) does not look so good.
Consumers (normal people) are feeling anxious about their future, and they have good reasons for that.
The Bull Market did not last long after the Covid Pandemic and people don't feel optimistic about their future spending or wealth.
If you don't know what the CCI is, no worries, I will briefly...
“History never repeats itself. Man always does.”
A deep look into SPX History exposes the path of a market cycle and tells us the truth on where markets are headed.
Percentages don't lie.
See you guys at 6900!
FOREXCOM:SPXUSD
As of 01/16/2023, I believe the birth, or first sign of a potential return to bull market to be today. In the process of reviewing ema, macd, and cycle based indicators, we should see uptrend begin to take off leading back into 4300 by February '23. This can all change with fed's taming of inflation, or any external circumstance. But if trajectory...
**disclaimer: this post reflects my personal opinions from my own charting analysis and should not be used as financial advice of any kind. There are no guarantees in the market and I am just a guy on the internet***
This is a very brief analysis of XOM stock which is approaching a significant swing trading cycle trough (in blue) with a trough around February...
XRP is in corrective phase of nested cycles and this spike from 1'st of January indicates that there's more pain to come. I personally see this move as some speculative dump caused by 3'rd party with huge number of tokens and it can be potential "early" bottom of this cycle. Nevertheless, corrective phase is still not finished and by end of the week we might...
BTC is moving with 80 day long cycle, last cycle was negative ( late November ) and current cycle seems to be very weak, we already had rejection from 0.386 level and for now it's quite boring. Technically we are already in small 40-day cycle which should form a bottom between 2/9- 2/24. In the beginning of February, I'm expecting corrective phase of cycle and...
By looking at the week TF chart I analyzed the following things that I want to share:
1. Duration of the first double top was 567 days
2. Duration of descending channel was 238 days
3. Formed a bullish rally (approx 76% up) of 21 months by breaking a major resistance level
4. Duration of the second double top was 574 days
5. Duration of descending channel was 238...
This is my dissection of the TLT chart into the classic stages of a bubble, with time cycles. Each stage is present and the TLT appears to be in a bottoming process. I'm a big fan of using Fib channels combined with time cycles, because with fib channels, you are looking for a certain line to get hit, wherever that may be, as opposed to traditional fib...
Paypal stock appears to be in the final bottoming process of its bubble crash pattern. While I personally have not owned or traded this stock since July of 2022, the time cycles on the chart have not been changed since that time, and yet continue to show accuracy.
The larger red cycle is a zone, and if the stock pulls back a bit just before earnings, I will be...
