TSLA trendlines since March 2020. Gap in low $900s to fill?Would love to see a nice dip to $910+ range and fill the gap. This can be seen on daily charts too.
RSI has come down from overbought over 70, and has not been able to break above 70 again. Could indicate losing momentum
and likelihood of filling the gap.
Stock Split on 12/9 (rumored from Elon hints) would likely pump the stock at that point, but hoping we can
fill the gap relatively soon.
2020-2021
US 500
Hello, receive a cordial greeting, we are sorry not to have published in recent weeks but here we are again to offer you our vision of the financial markets.
USA again setting new records.
HOW YOU THINK THE FINANCIAL MARKETS WILL BEHAVE IN 2021 WITH BIDEN? ????? .
Sincerely L.E.D
In Spain on 01/21/2021
Apple AAPL Good afternoon receive a greeting from L.E.D.
Apple remains in a clear bullish structure, targeting the important resistance level of 150 as bullish.
In case of correction we have several supports, the immediate support being the level of 129.64 or even the level of 110.38
I hope it helps you, receive a warm greeting and I wish you a great new year 2021.
In Spain on 12/29/2020
#BTC #Bitcoin AnalysisFollowing the breakout of the bullish triangle at the $ 19,500 level, it reached the top of the channel at $ 23,650, where it was rejected forming a descending triangle pattern, which has been broken to the upside.
In turn, a small bullish channel (light green color) has been formed driven by the support of the 50 moving average in 1 hour ranges, which has been rejected a moment ago, next to the support of the range $ 23,200 - $ 23,300 .
The price may lateralize a bit as an accumulation process before continuing with a new rise and another retest of the upper part of the external bullish channel (light blue color).
Likewise, be careful with your risks, the market is volatile, and every big bullish move has its correction.
Bitcoin Wrote History Again. Realistic $100k Price PredictionThe FOMO and greed are back... This time it's even better.
Market Cycles are not a fairytale and they do exist and they do repeat themselves. This is just another market cycle happening right now.
Where is this rally headed?
Intro
When you put the whole Bitcoin chart in logarithmic perspective you can see that Bitcoin is slowly growing towards a stable price which will take years to reach.
Bitcoin has been around the longest of all cryptos thus giving us some very useful data to work with.
You can predict the price of the next ATH based on two different factors in this market cycle:
Time from Halving to new ATH (in orange on chart).
Time it takes from previous ATH to new ATH (in green on chart).
Below I will explain my findings, my research of the 2 theories and my realistic expectations and price predictions which I calculated based off reliable data of the past.
From Halving To New ATH: $120k ATH (The one I use)
So as we know, every 4 years a BTC Halving happens whereby the reward miners get for verifying transactions is cut in half. Resulting in deflation over time and slowly growing towards a max supply of 21 million BTC. This max supply is estimated to be reached around 2140. More info on Halvings and what it is: www.bitcoinblockhalf.com
With this concept in mind there will always be less and less newer Bitcoins coming into circulation. BTC is growing in institutions interest and there is a connection between the halvings and bull markets.
Once a halving happened the market phase shifts from a bear market to a bull market. You can clearly see this on the chart. The bull market extends each time in duration and I calculated that it is around a x1.44 increase after every new bull market.
1st halving's bull market duration: 364d, ATH: $1,177
2nd halving's bull market duration: 525d, ATH $19,764
3rd halving's estimated bull market duration: 749d, ATH: $120,000
Price hits a new high after every halving, this is also noticable from the chart and the data. While some may prefer to estimate and predict the price based off the increase in % with every new ATH,
I use the top of the parabolic channel as the target (which, you could say, acts as resistance) and use the estimated duration of the new bull market to get the price.
When you use this theory/formula Bitcoin will hit around $120.000 around 30 May 2022
Personally I use this theory because it's more reliable. Why? It's a more accurate & logical system which lays in line with the Stock-to-Flow Model: BTC S2F Model . (Very interesting model to research).
From previous ATH to new ATH: $250k ATH (Not in my favor)
With that out of the way, there is another theory which you can use. Simply using the ATH's and the time between those two to calculate the duration for the next All Time High.
So here are my findings with this theory:
The first huge peak of Bitcoin was back in 2011 when Bitcoin reached $31.90.
The second huge run was in end of 2013 reaching a high towards $1,177.00. (Took 903d)
The third huge ATH was hit in 2017 reaching a high towards $19,674.00. (Took 1477d)
The fourth new huge ATH is estimated to be hit in 2024 reaching a high towards $250,000.00. (Estimated to take around 2415d)
Just going off by ATHs and the time between those peaks isn't really an accurate measure. But it is known that it always takes longer to reach a new ATH. 2415 days till we see the very top is too long IMO and with the growing interest this is unlikely. As insitutions are buying into bitcoin it shouldn't take that much time for Bitcoin to reach a new ATH. Those big players hold crypto for a long time and aren't trading in this market. But the retail interest is still very low, much, much lower than it was in 2017. You can see this on this chart:
Retail interest in Bitcoin
Some interesting data that make BTC more bullish in the future:
4 million BTC is lost due to lost wallets. With 18,500,000 BTC in circulation this is 21,6% of all BTC lost. This means 21,6% of market cap is lost money. That's more than $60 billion lost... See this here: Here
The US printed 21% of all circulating USD in 2020 alone (which is insane...). This is crazy data which can only result in inflation for fiat currencies. This can't happen to BTC. See how much was printed: 21% Of All USD Is Printed In 2020
Dow Jones will list crypto currency indeces in 2021: Dow Jones To Index Crypto Coins
Disclaimer: The links in this idea are not meant as a promotional or affiliate links.
If you have any thoughts or questions on this, let me know.
What are the most memorable moments of 2020?Reflecting on the year can help you learn, prepare, and plan for the future. It can help you grow as a trader or investor. In the comments below, please share the most memorable market moments you can remember from 2020.
As the holiday spirit begins to fill the air and the year comes to an end, we want to reflect. With your help, we can crowd source the moments that people will look back on either as a lesson to remember or a moment to celebrate. It could be Tesla becoming one of the world's largest companies, Bitcoin crossing $20,000, crude oil dropping to negative $40 per barrel or something unique that you noticed.
All you have to do is write your thoughts in the comments below.
The best breakouts, worst drawdowns, most impactful news stories or events that will shape the future – just write it in the comments. If we get enough submissions, we can create a timeline of the year that can be a resource for others.
In addition, if you published any charts throughout 2020 that you want to share, feel free to link them in the comments. To do this, head to your profile, open one of your published ideas, grab the link, and then paste that link in the comment box. Don't hold back, either. It can be your best trade or your worst trade, a long-term prediction that became true or even a research piece. Feel free to share it!
We look forward to seeing what everyone shares. Let's start to prepare for 2021.
DEC 6 GOLD: A FURTHER PULLBACK TO FINISH 2020?What's up big ballers,
Comin back at you with my December 6th, 2020 analysis on XAU USD.
Let me know what y'all think, and as always don't hesitate to drop your questions and comments below.
Take profits and take it easy -- I'll see y'all next week.
- Ray
Realistic Ripple Price Prediction, are we done dumping?Many of us heard about shiny bright coin Ripple, this coin made some people rich, but the majority became holders.
After Ripple reached it's high's on January 2018, at 3 USD per coin roughly.... the downtrend began. It's was a pretty steep downside move, with many bumps along the road.
Happiness and pain accompanied this coin on its way, dreams and reality faced each other. Those years were pretty rough for all crypto community, it touched everyone.
Many of us learned lessons of the lifetime, I pray we'll never be facing them ever again. But life goes and brings us new opportunities, new setups, and new lesson to learn.
Ripple was going it's own steady road all the way down to 0,12 $ per coin, and maybe if we are lucky enough, and the vast majority of sellers paused their appetite of unstoppable dumping
(the biggest seller as we know is Ripple company itself).
We could take a deep breath and observe that wonderful altcoin through the prism of Gann box.
We are not going to discuss how high this coin would go, we will just set up checkpoints on its glorious path, through solid TA facts, as I would like to be realistic about Ripple price prediction... not just to throw 10 USD dreams...
If ripple found it's ground in 0,12 $ USD price per coin, then we could state that lower then this it should not go, to align with current TA.
Ripple managed to enter a bullish phase with a pretty wide range area estimated 0,12 - 0,23 USD. For now, Ripple holding nicely Gann Fibonacci 0,618 support (logarithmic chart).
Actually that support will slowly and steady lead ripple to following prices 0,24 USD / 0,3 USD / 0,5 USD. Losing this support and we will witness the retest of the bottom of Gann box ( 0,12 USD).
Dropping below 0,12 USD is ain't good for Ripple, and i won't dare to touch it after that!
For now I like the picture Ripple shows us. Estimated time to reach the prices mentioned are :
0,24 - 0,3 USD / till 9 october 2020;
0,3 USD / till 1 january 2021;
0,5 USD/ till 12 feburary/ 21 June 2021;
This is a conservative approach. Keeping things Real guys, if it goes above those target's that's great, but those are the target's I would keep a close eye on!
So let this idea be a LONG call, with careful buy entries, doubling down till 0,12 USD from current prices. Slowly, without harm, without FOMO. Midterm-longterm investing.
Old Idea #1 Two-Year Forecast for Bitcoin 2021/22I took the retracement from $200 to the old ATH, and found two Fibonacci levels that predicted our current ATH and bottom. All levels are scaled for log chart.
1.382 extension matches with today's bottom.
2.382 extension matches with today's ATH.
If we have a full retracement to $20k by the end of 2020, then the 1.382 extension predicts the first sell-off peak at $40k, and the 2.382 extension predicts $200,000 blow-off top by 2022, depending on how far and fast that greed and hype can really take us. Again, my Fibonacci levels are scaled for log charts.
As I watch the market struggle to stay above $6k today, I do expect things to get better with time. Coronavirus and global market sell-offs be damned.
Scenarios for Bitcoin in the rest of 2020 (1W)There are 2 main scenarios I see come to reality with Bitcoin.
Looking at the past these are very realistic scenarios backed by facts.
Note that my analysis is straight forward backed by this chart and neither bullish or bearish.
However I added Long to this analysis because at typing of writing I reopened 2 long positions in DOLLAR & EURO: 7970 USD & 8030 EUR.
If Bitcoin gets rejected at €9K on the weekly this could very well start a new trend on daily timeframe.
A downtrend towards a small demand zone of €7,3K - €6,8K which it will very likely will break.
The main demand zone which has competition with bulls is €6,8K - €6K.
If the demand zone gets a breakout back down, €5K is almost surely the end of this trend of reversal.
200EMA will be around that point in time on weekly and as shown in the past even with COVID19 shows a strong support level.
€5K was the main support level of 2018 where price bounced several times and acted as huge support.
In my analysis I see a low chance Bitcoin will hit any lower than €5K and thus bottom is reached.
If a new uptrend emerges starting off 200EMA on weekly you can expect a very volatile uptrend and will quickly recover towards €5,9K - €6,8K zone.
Next up is strong pressure from bears of upper side of bearish triangle, bears might push price back down at €8K level depending where we are at the time.
Anyhow this will be the 5th retest of this resistance level and thus a very important retest. If this gets rejected this wouldn't be very bullish.
If Bitcoin breaks triangle to upside, a new uptrend commences.
The triangle is a big formation where bulls and bears where fighting. I don't see price being pushed down after breaking out of this triangle.
A retest should be traded as this could be the last stop to hitting the last somewhat zone of supply €9K - €10K.
A very physcological level of supply where Bitcoin might hang and use as consolidation zone.
If Bitcoin continues to stay bullish after all this time it might go on its way to an ATH which is definitly a possibility.
Depending on volume traded rather than volatility. I don't see any likely chance of hitting a new ATH in 2020 yet.
€11,5K could be the high of the following months where price might get rejected, not consolidated, atleast unlikely .
Good news is needed to back up this analysis, FOMO is a must in the end of 2020 or beginning of 2021.
This would be a repeat of the scenario in the end of 2017 and beginning of 2018.
As seen with previous ATHs, the ATH happened around 1 year after the halving took place.
The first halving which happened on 29 November 2012 had a bullrun towards an ATH with a return of 8069%.
The second halving which happened on 9 June 2016 had a bullrun towards an High with a return of 289%.
The third halving will happen at an estimate of 12 May 2020 at time of writing.
The price could likely be already priced in by some, but I, on the otherside think otherwise. This could be just the very start.
Breaking this triangle and following this uptrend for the rest of the year would be the best bullish scenario I hope to see, yet still realistic.
Since federal Reserve started pumping stocks and other markets with printed money, Bitcoin was stated as a safehaven and alternative currency in media and news sites.
Bitcoin continued it uptrend longer than expected by most and climbed towards €8,5K level where we are now waiting and consolidating on lower timeframes.
With the halving in sight this is only good news following up on eachother. I want to end this idea by saying that corrections are healthy and needed in healthy market trends and don't always mean reversals.
Ultimate LONG 2019-2021
I see no recession coming.
Get over with Trade wars, it is no longer irrelevant. It is only the headlines that make you drop your stocks so BlackRock and Vanguard can accumulate more.
I see a lot of fear. we don't fall on fear. we fall on greed and too much confidence.
Getting some entry around here and in one months. Try not to pick stocks, use ETFs to diversify, but first read the holdings structure and commisions.
If you like to pick stocks, watch the ones who are:
1. looking strong on drawdowns
2. gaining more on market growth.
3. have great guidance and nice forward P/E vs current.
4. don't play earnings. just hold, otherwise you'll end up messing up
5. try to diversify, but do it truly. don't buy all tech, or all semiconductors, or all biotech or all banks. if you buy QQQ, you buy a lot of Apple, FB etc. so, no need to add more of it.
p.s. please see the previous related ideas, to see how it ends up