Notice that the 7 year moving average smooths out silver's volatility.
It actually has done higher highs since 1980, and if it's to follow gold again, will surpass it's 2011 moving average highs.
I might need myself another coffee to review and better understand this chart.
Hi,
This year I started with a series that was, to a greater or lesser extent, very popular. Of course, this is also due to the fact that there have been mentioned buying areas in this series that have made 1,000 and more percent.
Now this time it is the last one in this year and great to finish it with a round number - TENTH "episode" ;)
So let's start it,...
Here I talk about the current Bitcoin structure, and what it will need to start looking bullish again. I also talk more about why I think this is an important moment for the market, and why I'm preparing for more volatility. I compare long term Bitcoin price action with Amazon stock, and I comment a bit about current price action for AMZN, and how odd it is. I...
Tomorrow is Christmas eve, the general markets will be closed, of course crypto will still be rocking and rolling, but the CFD markets will be shut. In day trading it is very easy to get rusty, a few days will do the trick, so with a 3 day weekend approaching we wanted to use this time to help you stay on track so you remain "hot" for the last trading week of...
Happy Holidays - MERRY CHRISTMAS to you all!
It's been another BRILLIANT year for Bitcoin - Thanks @TradingView for the charts.
Here's the last post for the year!
Bitcoin has become more and more respectful as it's become more institutionalised, still amazing to see! here's the post covering the year's summary (click the image)
Whilst many where...
Hello TradingView Family, this is Richard, and I want to wish you a Merry Christmas.
Hope 2022 will be the best of all!
I want to thank each and every one of you for being awesome.
I found BTC chart interesting.
According to the pattern, we are waiting for a break above the right shoulder for the bullish impulse movement to start; knowing that we can...
Welcome to my extensive and detailed technical analysis of Lucid Group ( LCID ).
Lucid Group caught my eye because of its similarity to AMC Entertainment in May 2021.
A comparison I show at the end of this analysis.
This analysis is very extensive and detailed and I show several bullish formations in the most diverse time windows.
The following time windows...
The price is in a significant support range, which is currently trading in the $ 3800 range. If this important support is lost, the price target will be in the range of $ 3100 to $ 3300, and if this support is not lost, the next important targets will be $ 4700.
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This...
Last post (for today) in the context of my sporadic coverage of the european energy debacle. The chart displays the German baseload future for electricity deliverable in February and the development is absolutely insane. What in the what is the market pricing in here?? A russian invasion? Omicron related shutdowns of the entire energy sector? Anyways. I hope folks...
This has to be one of the biggest FX candlesticks of all times!
Turkish President Recep Tayyip Erdoğan on Dec. 20 announced a series of measures to encourage lira-denominated savings, easing the pressure on the Turkish currency.
In a televised speech following a Cabinet meeting, Erdoğan said the government would offer a new financial vehicle that would...
Hey everyone! 👋
This month, in preparation for the new year, we have been theming our posts around the concept of building a solid trading plan. Our first post asked you to think about the kinds of factors that can predict long term success. Our second post looked at why trading plans are so important. Both of these posts you can find linked at the end 👇
Having...
Previously, I outlined two possible trades on SQ. Short below 170 to the gap fill or buy the double bottom. If you took the short, you would have made it halfway to your target (the top of the gap fill). After the recent candles, Ive spotted a potential bullish divergence outlined on the chart. That combined with the hammer candle at support leads me to believe...
Chapter 7: "the Mighty 2.168: like a Rook in Chess"
"Impulse" is a surge that creates "Ripples", like a pebble into water.
Each of the Ripples has precise bounds defined by the "Golden Ratio".
Price will often ricochet, creating a "Ping" that one can almost HEAR.
The 2.618 is a Special ratio, 1.618 x 1.618, as the Golden Ratio Squared.
It is like a Rook in...
Hey, wizards! Happy Thursday and welcome on another Educational Post. The topic is the following: Myths and Reality of Trading.
As you may already know, there are so many false statements that beginners run into before starting their trading journey. Those statements are illustrated on the layout and interpreted below:
1) Most people think that trading is easy...
No man ever steps in the same river twice, for it's not the same river and he's not the same man.” - Heraclitas ( c. 535 BC )
The river may continue to look the same, the experience may be similar; but the river has changed and so have they.
The chart above shows NDX during the Dotcom bubble and now. As you can see, the pattern looks identical in appearance...
Hello all. Looking at chainlink on the daily chart we see that we found support around $18 right at the long ascending support line (yellow line).
If we draw a resistance on the daily timeframe we get a resistance sitting at around $31-$32.
The fibonacci retracement from swing high to swing low gives us a golden pocket target which sits at around $29. This also...
Just like Bitcoin, Ethereum is experiencing a lot of weakness over the last couple of weeks. However, ETH is still technically in an uptrend.
However, if this bullish trend line breaks, we might face further downside, potentially even the start of a bear market.
Today, all eyes are on the FOMC meeting. With bearish news, we will see further downside and trade...
