The total market cap has double bottomed on the daily reflecting a possible change in long term trend. Currently the index is within a falling wedge and will probably breakout upward.
The RSI paints heavy bullish divergence and is uptrending.
Upward break of falling wedge will raise the market cap to 1.05 trillion.
Arrows indicate possible target if bull trend...
The S&P 500 index has seen a decline of over 20% now officially stating a Bear-Market over the widely followed indices.
Today we are diving specifically in to the Monthly Chart for some Technicals Breakdown on the S&P 500 ETF (SPY)
The Monthly Momentum in this case we're using TTM_Squeeze (similar to MACD etc.) is signaling a flip to bearish momentum on the...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
BTC has been stuck inside a range in the shape of a symmetrical triangle (in red)
Bitcoin has to make a decision soon! Especially with US500 also sitting around a support zone.
📌 Bullish Scenario: (Right Chart)
For the bulls to take over, we need a break above the symmetrical...
Crypto coins started to be discovered. Everyone wants to be rich. And this is why it is turning to altcoins instead of btc.
Especially the Shit coin Doge, Hot, Btt, Chz, etc. It will turn to pump coins. Season is PUMP season.
If the first areas are happy, the last ones will suffer great losses.
Sorry, these are the Facts.
You can wait for years. It is useful to...
The vertical lines match $SPX lows with times when only 15-20% of stocks traded over their 200ma. The light blue line is a 10-week moving average and you can see that once it turns up it keeps rising (2008-09 was an exception). According to this broad market indicator, stocks have been performing better since early July.
This is a big picture view, not to be...
2022 is most comparable to 1978 in terms of the current jobs & inflation situation. Seven decades of history concerning the 3, shows that the current drop in stocks is more likely a correction and not the start of a true bear market. 1972-73 scenario is 1 against 6 odds (and that's after demoting 1978 to equal the others). It also usually takes a long time for...
I apologize to all who were expecting just a financial analysis.
EURUSD may consolidate between two zones, LONG positions is suggested over the red zone and SHORT ones under the green zone.
Taking advantage of ranging markets is possible in LTF.
Internet is not reliable in Iran, I'm not sure if I even post in near future again.
Also, I can't be in office and...
Cancelling EGLDUSDT long, this is what I call beartrap, they are forming a falling wedge on the 4hours timeframe and trying to make us forget that we recently have broke below a bullish flag, many people will try to long here meanwhile they are taking us to the double TOP on the retest of the breakout. We warned you first! ;)
Before we dive deeper into the analysis I want to give a quick overview of what the pi-cycle bottom indicator is,
"The indicator comprises a 471-day simple moving average (SMA) and a 150-period exponential moving average (EMA). Furthermore, the 471-day SMA is multiplied by 0.745; the outcome is pitted against the 150-day EMA to predict the underlying market's...
BTC can now touch the fib levels below and then bounce to the upside, if the fib levels don't hold, then price may again retest our support down at 19k-18k region, which would be a sign of weakness and the trend may continue to the downside, entering the 17k-16k area. Main targets are 15k-14k, but not excluding even further possible downside to around 10k region...
8.24 cleveland fed estimate
Everyone is going crazy about this CPI data like its gonna change anything. We already know inflation has peaked and will start to decline. It's doing that because the economy is slowing. The fed is still hiking and the inflation isn't going to go away fast enough for a soft landing. The markets may...
GOLD - Overview of the global situation. On the chart I saw the global uptrend and the price movement in the channel, which began fresh formation since 2015. Pay attention to the price reaction to the support of the channel - it is very strong and forms strong movements in one direction or another.
Also, I marked the range 2075-1677, two identical impulses from...
The Digital Frontier.
I tried to picture liquidity as it moves through the stock market.
What does it look like?
Water Flowing?, Icebergs?
Were the exchanges like freeways of digital currency?
I kept dreaming of a world I thought I would never see.
And then 1 day..
You got in.
That’s right man.
I got in.
Thank You to everyone...
In today's trading episode, you will learn how to use the position size and price range tool to help you determine your trade risk to reward. I will also show you how to transfer this over to a market order using the TradingView Paper Trading account feature. Furthermore, you will learn why some of your trades do not get taken out at the exact...