1-BTCUSD
BTCUSD Makes Big Breakout - Now Targeting $67k to $71kBitcoin broke away from my flag formation and has established a new bullish price trend targeting FWB:67K to $71k (or higher).
This is fantastic news for bitcoin traders as we should see a very solid rally phase over the next 4+ months.
Get ready for $95k++, possibly before the end of 2024.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
BTC Bitcoin Technical Analysis and Trade Idea👉🔍In this video, we take a close look at BTC. Recently, it experienced a strong bullish rally, but it appears to be overextended and has reached a key resistance level. Given the overextended move and significant imbalances below, I'm looking for a sell opportunity at the current level.
In the video, I share my thoughts on price action, market structure, and the trend. Remember, this content is for educational purposes only and is not financial advice. Trading carries significant risk, so it's important to use responsible risk management strategies. 📊✅
What the ATH is Bitcoin doing??Hi guys,
Bitcoin was lookin' real interesting so I decided to make an updated analysis.
Price dipped into a 3-month BISI with a nice rejection. It also make some clean PD Arrays to trade off. Currently, i'm looking at a close above the weekly SIBI and then wait for a retracement. If we get new FVGs before then, I may keep an eye on those as well. Either way, I think we are going to infinity and beyond.
For more info, just watch the vid.
Happy trading!
- R2F
SPQ/QQQ Plan Your Trade For 7/15 - Exhaustion Rally PatternGood morning everyone,
This new Plan Your Trade video will illustrate why I believe the SPY may target 568~570+ highs over the next two days before rolling downward into a moderate downward/consolidation phase.
If you've been following my videos/research, you already know I believe the markets are setting up for another LEG HIGHER. But, first they need to roll into a PAUSE phase over the next 5+ days, then move higher on new momentum.
Watch today's video to learn why my SPY Cycle Patterns are so incredible and help traders plan/prepare for big market moves.
Here we go...
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Bitcoin Is Trading At The Support As Stocks PullsbackHey traders
I this video I will take look at NVIDIA which I think it can be moving into a correction and can possibly be headed down for deeper prices. So if today major stocks indicies will have second red day in a row, then possibly next week there can be more risk-off. In such case I think its better to wait on any long ideas on cryptos (short-term), and wait on much better timing for potential long entires, which can be maybe after summer, or during elections when normal markets tend to be in bull run. Additionally, any rate cut later this year can be alos supportive for stocks and other assets.
When I look at bitcoin, I think that 50k is very good potential support; if it gets there.
Have a nice weekend.
Grega
ETH - Preparing for the ETF launch THIS WEEK MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. The Bull market is here
Even tho the bull market is here ETH has not fully mooned yet there is still time to buy on DIPS . The market has just hit a critical level . This is a bullish structure and dips are buys, when these dips happen ETH can start its move higher . This needs to be watched carefully.
ETH can get very bullish with this ETF launch so we need to watch carefully
Please watch the video for more information
Why I'm Buying Silly Dragon (SILLY) – Analysis/ Prediction🚀 Why I'm Buying Silly Dragon (SILLY) – Price Analysis and Predictions
In this video, I’m diving into my analysis of Silly Dragon (SILLY) and explaining why I'm looking to buy. I'll break down the key factors driving my decision and where I expect the price to spike to.
We'll also keep an eye on Bitcoin, as its expected drop could trigger a money flow into Altcoins, making this a prime opportunity for SILLY.
Key points covered:
In-depth analysis of Silly Dragon (SILLY) and its potential
Price predictions and target levels for SILLY
Correlation between Bitcoin's movements and Altcoin performance
Strategic insights on how to capitalize on this market opportunity
Join me for a comprehensive look at this promising Altcoin and learn how to position yourself for potential gains. Don't forget to like, comment, and subscribe for more crypto insights and trading strategies. Let's capture those spikes together! 🚀💹 And remember to hit the Boost Button on this video to support our Trading View community!
Disclaimer: Cryptocurrency trading involves significant risk and is not suitable for every investor. Carefully consider your financial situation and risk tolerance before entering any trade. Always perform your own research and seek advice from a licensed financial advisor if needed.
Unbelievable Gold Trade Setup! Must-Watch Analysis & Secret RiskTechnical Analysis of Gold Spot (XAU/USD)
Chart Overview:
- Current Price: $2,364.525
- Time Frame: 1 hour
- Key Levels:
- Resistance Levels:
- TP 3: $2,391.040
- TP 2: $2,386.595
- TP 1: $2,379.694
- Support Levels:
- LQZ: $2,371.857
- LQZ: $2,356.635
- TP 1: $2,347.655
- TP 2: $2,339.090
Candlestick Patterns:
- Recent Uptrend: The chart shows a significant uptrend starting from July 2nd to July 4th.
- Price Consolidation: Following the uptrend, there was a period of consolidation with prices forming a triangle pattern.
- Downtrend and Recovery: A sharp downtrend occurred, followed by a recovery attempt which is now in another consolidation phase.
Key Observations:
1. Resistance at TP 1 ($2,379.694): The price faced resistance around the $2,379.694 level and has not been able to break through.
2. Support at LQZ ($2,356.635): This level has provided significant support and could be a potential entry point if the price tests this level again.
3. Current Position: The price is currently trading around $2,364.525, which is below the key resistance levels and above the support levels, indicating a range-bound movement.
Lecture on Using Proper Risk Management
Risk management is crucial for successful trading. Here are key principles to ensure proper risk management:
1. Determine Risk Tolerance: Understand your risk tolerance and set a percentage of your capital that you are willing to risk on each trade. Commonly, traders risk 1-2% of their capital per trade.
2. Set Stop Losses: Always use stop losses to limit potential losses. For the current XAU/USD scenario, a stop loss could be placed slightly below the LQZ support level at $2,356.635.
3. Position Sizing: Calculate your position size based on your risk tolerance and stop loss level. For instance, if you have $10,000 and are willing to risk 2% ($200), and your stop loss is $10 away from the entry price, your position size would be 20 units.
4. Risk-Reward Ratio: Aim for a favorable risk-reward ratio. A common target is a 1:3 ratio, meaning you aim to make three times the amount you risk.
5. Diversification: Avoid putting all your capital into a single trade or asset. Spread your investments across different assets to mitigate risk.
Conclusion
For an in-depth analysis, make sure to watch the rest of the stream where I cover:
- TSLA (Tesla)
- DXY (US Dollar Index)
- BTC (Bitcoin)
- US30 (Dow Jones Industrial Average)
#XAU/USD #GOLD #TSLA #MARKETLESSON
BITCOIN IS THE NEXT AMAZONMartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. The Bull market is here
Even tho the bull market is here BTC has not fully mooned yet there is still time to buy on DIPS . The market has just hit a critical level . This is a bullish structure and dips are buys, when these dips happen BTC can start its move higher . This needs to be watched carefully.
BTC To The MOON
Please watch the video for more information
Bitcoin ALL-TIME-HIGH is STILL COMING: Here's WhyA hint... the RSI.
The RSI is one of those reliable old-timers, especially useful in higher timeframes to determine longer period price action, such as near term and long term.
Together with Elliot Wave Theory, I'm going to present to you an argument for why Bitcoin is STILL BULLISH and what my strategy/expectation is for the coming weeks. I'll also share key metrics to watch and do regular updates should the conditions mentioned in the video be met.
Although I am short term bearish, I remain longer term bullish, making it really impossible to label this post as solely "short" or "long".
Cheers to the Top10%'ers 🥂
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BINANCE:BTCUSDT
BTCUSD Rejecting Downward Trend @ $57k - Watch What Happens NextThis is a followup video to my earlier BTCUSD analysis - suggesting BTCUSD would find support near $57 and rally (eventually) to over $90k.
I found it interesting that I received a few comments on that last video - some in support and others thinking I was wrong. But, now, with BTCUSD clearly attempting to reject any further downward price action near the $57k level - we get to see how this plays out in REALTIME.
Watch this video to learn why I believe the big move for BTCUSD won't happen till after August 15, 2024 (a +$6k move). Then, we'll have to wait till later in September for the major FLAG pattern to complete - leading to an even bigger upward price breakout.
I love this type of analysis and I love sharing it with everyone. Watch my other videos if you want to learn more about what I do and how I help traders prepare for the biggest opportunities.
Watch this play out in realtime with BTCUSD. If I'm right, we'll see $62k again before August 20th, then move into a broader FLAG formation before the next big breakout happens.
Go get some.
BTC - RSI in TROUBLE for SHORT TERM Continuing this long standing analysis on Bitcoin since I first pointed out the danger of an M-Pattern forming:
The Weekly RSI has dropped under 50 , which is bearish for the time being (until the RSI gets back above 50). However, this alone does NOT mean we're back in a bearish cycle. Watch the video to see the conditions.
Previously, we were discussing the likelihood of a 20% retracement:
To clarify - I still think it's likely for Bitcoin to see another ATH this year. But, as I pointed out in the fractal, it could be a multi-month playout.
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BINANCE:BTCUSDT