NASDAQ100 vs US10YSomething is brewing up in this ratio chart between NASDAQ100 vs US10Y. We see in our ratio chart on a daily timeframe, that the 20 Day DMA is already below the 50 DMA and 100 DMA and on the way to be below 200 DMA. The last time it did this in April 2024 it was an bullish indicator. The assessment is that the 20 DMA first goes below 200 DMA in the next couple of weeks and then the RSI flips bullish and gives us a bullish flash indicator. RSI is currently at 26. Watch until it touches 20 and then we can go for long QQQ and short US10Y.
Search in ideas for "RATIO CHART"
A lot of hype on Solana, Here is the Solana as compared to EthThis is a ratio chart of SOL/ETH, you can see SOL dominated for 532 days straight. So due to the natural ebbs and flows of markets, we could expect to see SOL/ETH to decline as ETH starts to make a move from the lows and starts to make hew ATHs. Some have already swapped out of SOL and into ETH to get the most out of the upcoming move, however, that is not financial advice. Good Luck to all!
Is SUI the chosen Blockchain of the Banana ZoneThere is a well-defined inverse head and shoulders pattern forming on the CRYPTOCAP:SUI to CRYPTOCAP:SOL USD ratio chart.
The neckline sits at 0.16, a level we recently touched and then pulled back from, marking it as a significant barrier to overcome.
Our linear target is set at 0.0282, indicating a notable potential increase of +83% on the ratio.
Looking further ahead, the logarithmic projection reaches up to 0.064.
At that stage, we can imagine our friend Raoul Pal celebrating in triumph.
3 peaks reversal #spx #au $spx $auHad to switch to NYSE:AU for my #gold stock vs the stock market ratio chart because NYSE:NEM bad quarter skewed the chart too much.
For your viewing pleasure and to come up with your own ideas.
Is this a beautiful {three peaks} top?
Is this a possible 1976 moment? Or a 2000 one?
Is SP500 strike to cover crisisDear All,
This is SP500 to GDP Ratio chart which is show us maybe we should ready for another crisis. If you compare this chart to Will500PR to GDP Ratio I have published before you can clearly see negative bearish divergence between these two that means total public traded shares do not touched higher top but SP500 index reaches higher rates; So its obvious to see a sharp shrinkage as soon as possible. See if FED can cover it by soft landing or not?
WIF to $30 by End of the Year The CRYPTOCAP:WIF bottom is most likely in, and it'll slowly start to outperform most of the blue-chip memecoins this quarter.
It seems like either the underperformance low is already in or is very close in most cases.
Look at these ratio charts
⚡ WIFBTC
⚡ WIFBONK
⚡ WIFPEPE
⚡ WIFFLOKI
⚡ WIFDOGE
⚡ WIFSHIB
⚡ WIFMOG
✅ WIFBONK
✅ WIFPEPE
✅ WIFFLOKI
✅ WIFDOGE
✅ WIFSHIB
✅ WIFMOG
Now is the time to accumulate CRYPTOCAP:WIF and not sell it for other coins.
The hat stays on. 🫡
Disclaimer: This post should NOT be construed as investment advice and is meant for learning purposes only. Please consult your financial advisor before making any investments.
$ETHBTC: Ratio bottomedI think we might be seeing some rotation out of Bitcoin ETFs into Ethereum positions, possibly front running the ETF approval next week, but also hedging the supply overhang from Mt Gox coins + Germany's seized BTC stash hitting the market.
Ratio chart is bullish in the daily and could easily turn bullish in the weekly, while monthly chart shows a monthly down trend expiring during July, which could predict mean reversion back to 0.07 BTC per ETH.
I've hedged some of my crypto risk due to a weekly down trend signal triggering in BTCUSD, using OTM put options, so I am more confident in weathering a potential storm, but don't discount the possibility of Bitcoin rebounding in tandem with ETHUSD rallying after the ETF goes live next Tuesday. (it sure rallied when the approval news came out)
Best of luck!
Cheers,
Ivan Labrie.
🚨ALTSeason Alert🚨: Why It's Imminent ??The cryptocurrency market is buzzing with anticipation as many analysts and traders believe an altseason is on the horizon. Altseasons are periods in the market cycle when altcoins (alternative cryptocurrencies) outperform Bitcoin (BTC), the leading digital asset. Several factors suggest that an altseason could be imminent, and this article will explore these indicators and highlight promising altcoins to watch.
Altseason Index Signaling a Shift:
The Altseason Index, a metric that tracks the relative performance of altcoins against Bitcoin, currently indicates a Bitcoin dominance-led market. However, the index is approaching a critical inflection point where it could break below its trendline, signaling a potential altseason.
Bitcoin Dominance Poised for a Breakout:
Bitcoin's dominance, which represents its share of the total cryptocurrency market capitalization, has been trading within an ascending wedge pattern. This pattern suggests a potential breakout, with a downward move indicating a shift of power towards altcoins. A decline in dominance below 40% is often considered a hallmark of an altseason.
Bitcoin dominance chart showing an ascending wedge pattern
Ethereum (ETH) Gaining Strength:
The ETH/BTC price ratio, which measures the relative performance of Ethereum (ETH) against Bitcoin, has been on an upward trend. This trend suggests that ETH is gaining strength relative to BTC, potentially signaling a shift in market sentiment towards altcoins.
ETH/BTC price ratio chart showing an uptrend
WIF (WazirX India Token) Poised for a Breakout:
WIF, a cryptocurrency native to the WazirX exchange platform, has been forming a massive ascending triangle pattern on the daily timeframe. This pattern suggests a potential breakout towards $10, making WIF a promising altcoin to watch for the upcoming altseason.
WIF/USDT chart showing an ascending triangle pattern
Additional Factors Supporting an Altseason:
Increased Institutional Interest in Altcoins: Institutional investors are showing growing interest in altcoins, as evidenced by rising investment inflows and the launch of altcoin-focused products.
Strong Fundamentals of Many Altcoins: Numerous altcoins have strong underlying fundamentals, innovative use cases, and active developer communities, making them attractive investment opportunities.
Market Sentiment Favoring Riskier Assets: The overall market sentiment is shifting towards riskier assets, which could benefit altcoins as investors seek higher potential returns.
Conclusion:
While the exact timing of an altseason cannot be predicted with certainty, the confluence of several indicators suggests that it is imminent. Altcoins like WIF, with strong technical patterns and solid fundamentals, are poised to make significant gains during this altseason. However, it is crucial to exercise caution and conduct thorough research before investing in any cryptocurrency.
SILVER-SELL strategy Daily chartNo change in view. We are very overbought for SILVER and one can observe the GOLDSILVER RATIO chart cleary identifying we should see a big drop of the precious metal.
I feel we may see test of $ 28.50 area.
Strategy SELL @ 31.50-31.85 and place SL above 32.78 and take profit near $ 28.90.
The bullish scenario based on 5.3.5.3.5Esteemed analysts and traders,
I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own rules.
As a supporter of the Elliott Wave Principle, I consider this methodology an invaluable tool for market analysis. After three years of personal experience, I have developed my approach by combining this principle with meticulous consideration of different market scenarios. I strive to avoid market surprises by maintaining a range of market prospects, which enables me to recognize the market structure forming with 100% accuracy.
I am pleased to share my analysis with you, with the caveat that I do not provide buy or sell signals. My perspective on idea analysis is entirely impartial, and if my analysis meets your standards, it may serve as a guide to making an informed decision.
For your reference and comparison, I have attached my previous analysis of the same market. All the details of my analysis are clearly labeled for ease of comprehension. Nonetheless, familiarity with the Elliott Wave Principle theory would facilitate an understanding of the analytical idea.
My study of the Elliott Wave Principle took nearly three years, during which my understanding and experience with this invaluable tool have grown. My progress thus far is a testament to the legacy of Ralph Nelson Eliot, whose genius has provided the foundation for my achievements. May he rest in peace.
I express my gratitude for your continued support and kindness, and welcome your comments and critiques.
May my analysis be a valuable asset to your business journey, and I remain sincerely yours,
Mr. Nobody
The bearish scenario of any corrective pattern and trend continuation
GSPL: The Next Rocket StockGSPL
The Fundamentals of GSPL are good.
A profitable company.
Piotroski score of 7 on 9
Stock P/E: 14
FIIs and DIIs present in this stock.
This is a ratio chart of GSPL and Nifty 500
On ratio chart, we can see a breakout out. Which means GSPL can outperform Nifty 500 in coming weeks.
Weekly outlook (Bullish market 5-3-5-3-5) long-termDear analysts and traders,
I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules.
As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed my approach by combining this principle with my personal experience and by considering different scenarios that are likely to occur in the market. It should be noted that I do not like to be surprised in the market, and that's why I have different market prospects. I follow them to be sure and recognize the structure that is forming so that I can 100% recognize it.
I will share my analysis with you, but please note that I am not providing any buy or sell signals. My perspective on idea analysis is completely unbiased, so if the idea analysis meets your standards, you can use it as a guide to make an informed decision.
I have attached my previous analysis of the same market so that you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand. However, having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily.
I have been studying the Elliott Wave Principle for almost three years now, and over time, my understanding of this knowledge and experience has grown. What I have achieved so far is the legacy of a genius called Ralph Nelson Eliot, and I am really happy with my progress. May peace be upon him.
Thank you for your support so far. I will always remember your kindness. Please share your comments and criticisms with me.
I hope my analysis will be useful to you in your business journey, and I wish you all the best.
Sincerely,
Mr. Nobody
Pepe Coin: The New Meme Coin Sensation of 2024Pepe coin, a meme coin that’s quickly becoming a legend in its own right, has astonishingly reached the 3B market cap mark, positioning itself as the 3rd meme coin ever to achieve such a feat. This remarkable achievement comes after a staggering 400% gain in just the last week. 🔥
Currently, it stands proudly at the 40th rank by market cap and an impressive 9th rank by volume in the last 24 hours . Let’s take a closer look at Pepe coin and see why everyone’s talking about it. 👇
✅ Pepe’s Market Performance: A Quick Overview
The buzz around Pepe coin is palpable, and it’s already being hailed as one of the top meme coins of this cycle. And guess what? The real euphoria hasn’t even kicked in yet. 🔥
Pepe is coming out of the long-term accumulation range, and with the crypto market starting a new bull cycle, the momentum is going to accelerate soon. The current candles’ range and the volumes are a testament to the underlying strength.
✅ Comparative Analysis: Pepe vs. Doge
⚡️ Structural Similarities between PEPE and DOGE
If we place Pepe and Doge alongside, it’s like looking at two sides of the same coin . The market structures and fractals of Doge from 2020 to 2021 bear a striking resemblance to Pepe’s current trajectory. And what do the market gods say about history? It is often similar and repeats itself! 👀
At the moment, it looks like Pepe is right at the same stage as Doge was in 2021 , when it started it’s monster rally. The momentum building up around Pepe suggests we’re just at the beginning of what could be an exhilarating euphoric phase.
⚡️ Relative Performance of PEPE and DOGE
Since there’s no symbol for PEPEDOGE, we can make a ratio chart by dividing PEPE by DOGE to make a custom symbol. Looking at the chart, Pepe has significantly outperformed Doge by over 300%. I’ve used the latest swing as a reference because it’s the most relevant point in the current scenario, as meme coins have been rallying from that point onwards.
✅ Broader Market Context
⚡️ Relative Performance of DOGE and BITCOIN
We’re examining this chart to grasp how the market context is evolving. Doge has consistently been lagging behind BTC for a couple of years . Both its price and momentum are at historic lows.
However, there are early indicators suggesting a reversal and a change in trend. This implies that once the alt season kicks in, Doge will gain momentum and surpass Bitcoin. This context is crucial because it sets the stage for Pepe’s performance, suggesting that its lead over Doge could extend throughout this market cycle.
⚡️ Relative Performance of PEPE and BITCOIN
Despite Bitcoin’s dominance, Pepe has been making waves, outperforming the crypto giant and hinting at the immense potential it holds for the upcoming alt season. This strengthens the fact that once the market-wide alt rally begins, Pepe can outperform others by a huge margin.
Conclusion
Pepe coin’s journey is a fascinating tale of unexpected triumphs and the unpredictable nature of meme coins. Its rapid ascent to a SEED_TVCODER77_ETHBTCDATA:3B market cap and its standout performance in the market are clear indicators of its potential to climb even higher, possibly reaching the $50B mark or beyond.
While the crypto market is known for its volatility and surprises, Pepe coin’s current trajectory suggests that it’s on its way to becoming one of the top 10 coins in this cycle. The excitement around Pepe is undeniable, and for those of us watching, participating, or just cheering from the sidelines, it’s a reminder of the thrilling unpredictability that draws us to cryptocurrencies.
Thanks for reading. Hope you found it useful.
Let me know your thoughts in the comments. Cheers!
Disclaimer: This post should NOT be construed as investment advice and is meant for learning purposes only. Please consult your financial advisor before making any investments.