History repeats... Look what happened from 2000-2009. I took that market behavior and copied it to scenario that is happening now. Its exactly same, we are waiting on fake breakout at the top around 474-490(maybe 500) and then drop to area around 353-320. Thats around 2 years or downtrend if confirmed and -28%.
Most of the asset we trade are traded against Dollar. So, to figure out when markets are going to peak out, we must look at DXY, which measures the strength of the dollar. In this post we will analyze the last bull/bear cycle and use that to predict what may happen in the current cycle. The Last Bull Cycle for equities/Crypto started when DXY topped out last...
LTC/BTC can increase over 100% over the next 6 months. 1. Ignore the price. 2. Look at the RSI. 3. Analyze RSI cycle patterns. 4. Sell Litecoin in June/July 2024. Now look at price. 5. High five! I'm not sure if anyone else has broken down this cycle this way, but it makes the most sense to me. Very unconventional, but it works for me. RSI rules everything...
At the moment, price is still retesting the current midvwap, but as soon as price break below 215$, sells towards 150$ come in play. On the other hand, price can still retest the current high at around 260$, but only if price manages to break above 290$ we shall start looking for buys continuation. Until then sells are more valid than buys, simply because...
G'day, Master Key for zones Red = Three Month Blue = Monthly Purple = weekly Pink = Consolidative box example (Daily) Orange = Daily Risk Warning Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD...
Just zoom out on the chart and you’ll see that we are barely getting started. Hang in there and manage your risks, build your bags and be patient. The time will come.
BTC will be between 80000- 90000 USD in less than six month. If history repeats as last bullish it will happens in first or second month of 2024.
❤️❤️Thanks for boosting 🚀 and supporting us! 📈analytics by priceaction 📊 (Entry) : 99.72 🔴 Stop Loss : 94.51 🎯 Take Profit : 104.40 -109.08 -114.90 🔗 For more communication with us, In the footnote and send a message in TradingView. 👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
Super interesting spot here at support for TZA. Small caps have been melting faces, so interestingly TZA finds itself at support at the same time IWM is grinding up at resistance. Will the bulls keep pumping, or will the bears seize control?
ETH exhibits a penchant for adhering to straightforward patterns and repeating its fractals, providing traders with clear guidelines. The current trajectory aligns with a steep ascending trendline, marked by a decisive breakout from an ascending triangle and subsequent retest of the upper boundary. Presently, the expectation is for a replication of the established...
This new BTC cycle continues to rhyme with the previous 3 cycles almost perfectly. everyone said this cycle would be different but I am just seeing more of the same... In trading we should expect the same until proven otherwise, its like the trader continuing to attempt a break out trade while the market is moving sideways in a range, it might reject 7-8 times...
Hello dear traders 🖐🏻 ✅ Phantom (FTM) in the 4-hour time frame is completing the CD wave or the second corrective wave. AB=CD Probably after the completion of this corrective wave, Phantom can start another strong upswing, which will make more than 45% growth. ✅ Don't pass by the correction waves AB=CD easily and make sure that if the CD wave ends in an...
➡️Hello Traders, welcome to today's analysis of Nasdaq. -------- ➡️I will only take a trade if all of the rules of my strategy are satisfied. ➡️Consider hitting that like button for more free, daily analysis. Your support means a lot! -------- ➡️Let me know in the comment section below if you have any questions. ➡️Keep your long term vision.
DXY CONFLUENCE We've hit a daily order block Expecting a bullish shift for January 2024 Main targets are at the weekly highs stop on the daily swing low
As of today, UBER is braking hard after a long distribution / sideways move my target is $58
going long in this area, weekly chart is retesting off of the 10sma 78min chart is right at the 200sma
It's hard to trade NVIDIA bearish, but this charts shows a pattern that it could go bearish hopefully to the lower band of the weekly chart channel
Strong intraday Volume Retest of previous high Consolidation at the high Strong Bearish price action