2022
OKB: $28 | Gateway to Metaverse with Facebook Re Branding Oct 28Binance re positioned itself as a Platform instead of being a Broker
FTX as underwiter packager and handler of next big thing in the space
OKB is focused to corner and rule the metaverse gaming and nft sector with the CEO taking the lead
Overview of Cryptocurrency Volatility - 1h, November, 2022.Analysis of the volatility index in November. Time interval - 1 hour.
Currency - USDT or equivalent to BUSD .
The selection is carried out according to the lists of cryptocurrencies that are represented on the spot and futures markets, with a total of more than a hundred coins.
Top 15 Coins (1 hour):
1. PHB /busd - 1413.67% (High&Low: 3119.4%)
2. MASK /usdt - 1386.55% (High&Low: 2940.2%)
3. BAND /usdt - 1266.71% (High&Low: 2605.56%)
4. AMB /busd - 1068.75% (High&Low: 2363.97%)
5. LEVER /busd - 1061.4% (High&Low: 2339.31%)
6. PEOPLE /usdt - 1034.08% (High&Low: 2146.72%)
7. DYDX /usdt - 1008.12% (High&Low: 2113.56%)
8. GTC /usdt - 1006.37% (High&Low: 2069.63%)
9. SFP /usdt - 959.68% (High&Low: 2125.98%)
10. CHZ /usdt - 946.32% (High&Low: 1971.69%)
11. SOL /usdt - 915.31% (High&Low: 1899.99%)
12. LIT /usdt - 874% (High&Low: 1793.31%)
13. DODO /busd - 869.22% (High&Low: 1759.8%)
14. AR /usdt - 857.38% (High&Low: 1782.73%)
15. SUSHI /usdt - 855.32% (High&Low: 1774.11%)
The coin showed the worst result: BTC /usdt - 287.52% (High&Low: 644.26%)
Thanks for your attention!
Overview of Cryptocurrency Volatility - 1D, November, 2022.Analysis of the volatility index in November. Time interval - 1 day.
Currency - USDT or equivalent to BUSD .
The selection is carried out according to the lists of cryptocurrencies that are represented on the spot and futures markets, with a total of more than a hundred coins.
Top 15 Coins (1 day):
1. MASK /usdt - 361.63% (High&Low: 696.13%)
2. BAND /usdt - 337.16% (High&Low: 715.42%)
3. LEVER /busd - 279.01% (High&Low: 624.26%)
4. PHB /busd - 265.87% (High&Low: 816.13%)
5. SFP /usdt - 260% (High&Low: 543.59%)
6. DYDX /usdt - 228.3% (High&Low: 473.58%)
7. SOL /usdt - 224.96% (High&Low: 403.6%)
8. GTC /usdt - 221.38% (High&Low: 481.87%)
9. CHZ /usdt - 213.19% (High&Low: 415.79%)
10. CELO /usdt - 205.89% (High&Low: 380.34%)
11. C98 /usdt - 203.71% (High&Low: 405.97%)
12. REN /usdt - 203.28% (High&Low: 452.57%)
13. AMB /busd - 202.06% (High&Low: 553.96%)
14. APE /usdt - 201.33% (High&Low: 380.98%)
15. CRV /usdt - 201.2% (High&Low: 396.61%)
The coin showed the worst result: CTK /usdt - 69.79% (High&Low: 170.42%).
Full list of analyzed coins: www.tradingview.com
Analysis information for all coins: docs.google.com
Thanks for your attention!
Overview of Cryptocurrency Volatility - 1M, November, 2022.Analysis of the volatility index in November. Time interval - 1 month.
Currency - USDT or equivalent to BUSD .
The selection is carried out according to the lists of cryptocurrencies that are represented on the spot and futures markets, with a total of more than a hundred coins.
Top 15 Coins (November):
1. MASK /usdt - 73,79% (High&Low: 168,02%)
2. BAND /usdt - 65,23% (High&Low: 218,19%)
3. SOL /usdt - 56,52% (High&Low: 85,51%)
4. NEAR /usdt - 44,51% (High&Low: 64,77%)
5. LTC /usdt - 43,87% (High&Low: 65,54%)
6. REEF /usdt - 41,64% (High&Low: 85,66%)
7. APT /usdt - 39,85% (High&Low: 61,5%)
8. HNT /busd - 39,5% (High&Low: 61,75%)
9. KAVA /usdt - 39,08% (High&Low: 50%)
10. MANA /usdt - 38,64% (High&Low: 57,78%)
11. GALA /usdt - 38,23% (High&Low: 48,02%)
12. ANC /busd - 35% (High&Low: 57,89%)
13. LUNA /usdt - 33,8% (High&Low: 59,45%)
14. FLOW /usdt - 32,42% (High&Low: 59,34%)
15. SAND /usdt - 32,17% (High&Low: 53,61%)
The coin showed the worst result: BCH /usdt - 1.3% (High&Low: 33.91%).
Full list of analyzed coins: www.tradingview.com
Analysis information for all coins: docs.google.com
Thanks for your attention!
Overview of Cryptocurrency Volatility - 1M, December, 2022.Analysis of the volatility index in December. Time interval - 1 month.
Currency - USDT or equivalent to BUSD .
The selection is carried out according to the lists of cryptocurrencies that are represented on the spot and futures markets, with a total of more than a hundred coins.
Top 15 Coins (December):
1. BNX /usdt - 49.14% (High&Low: 65.79%)
2. MASK /usdt - 47.33% (High&Low: 61.79%)
3. WAVES /usdt - 44.89% (High&Low: 55.32%)
4. ANC /busd - 44.34% (High&Low: 67.58%)
5. FLOW /usdt - 42.31% (High&Low: 46.47%)
6. GMT /usdt - 41.27% (High&Low: 51.34%)
7. REN /usdt - 40.58% (High&Low: 52.78%)
8. LPT /usdt - 39.79% (High&Low: 53.85%)
9. CHZ /usdt - 39.47% (High&Low: 47.98%)
10. DYDX /usdt - 37.51% (High&Low: 52.18%)
11. SUSHI /usdt - 37.01% (High&Low: 39.06%)
12. HNT /busd - 36.51% (High&Low: 40.66% )
13. AR /usdt - 36.33% (High&Low: 39.32%)
14. KNC /usdt - 36.13% (High&Low: 37.96%)
15. GALA /usdt - 35.85% (High&Low: 48.96%)
The coin showed the worst result: DGB /usdt - 0.13% (High&Low: 47.46%).
Full list of analyzed coins: www.tradingview.com
Analysis information for all coins: docs.google.com
Thanks for your attention!
Overview of Cryptocurrency Volatility - 1D, December, 2022.Analysis of the volatility index in December. Time interval - 1 day.
Currency - USDT or equivalent to BUSD .
The selection is carried out according to the lists of cryptocurrencies that are represented on the spot and futures markets, with a total of more than a hundred coins.
Top 15 Coins (1 day):
1. LEVER /busd - 251.2% (High&Low: 635.82%)
2. BNX /usdt - 183.02% (High&Low: 343.03%)
3. ANC /busd - 176.6% (High&Low: 411.33%)
4. HNT /busd - 136.36% (High&Low: 278.36%)
5. MASK /usdt - 132.25% (High&Low: 291.44%)
6. REN /usdt - 129.4% (High&Low: 297.18%)
7. PHB /busd - 125.71% (High&Low: 291.05%)
8. MTL /usdt - 121.76% (High&Low: 260.94%)
9. DYDX /usdt - 116.42% (High&Low: 241.06%)
10. AXS /usdt - 113.71% (High&Low: 256.93%)
11. WAVES /usdt - 107.4% (High&Low: 267.02%)
12. AMB /busd - 106.3% (High&Low: 262.63%)
13. OP /usdt - 103.7% (High&Low: 208.85%)
14. SFP /usdt - 102.03% (High&Low: 225.66%)
15. JASMY /usdt - 100.49% (High&Low: 197.88%)
The coin showed the worst result: BTC /usdt - 31.8% (High&Low: 68.19%).
Full list of analyzed coins: www.tradingview.com
Analysis information for all coins: docs.google.com
Thanks for your attention!
Overview of Cryptocurrency Volatility - 1h, December, 2022.Analysis of the volatility index in December. Time interval - 1 hour.
Currency - USDT or equivalent to BUSD .
The selection is carried out according to the lists of cryptocurrencies that are represented on the spot and futures markets, with a total of more than a hundred coins.
Top 15 Coins (1 hour):
1. LEVER /busd - 1002.31% (High&Low: 2274.3%)
2. ANC /busd - 784.61% (High&Low: 1519.88%)
3. BNX /usdt - 639.54% (High&Low: 1369.09%)
4. REN /usdt - 593.44% (High&Low: 1249.88%)
5. MASK /usdt - 580.46% (High&Low: 1281.46%)
6. PHB /busd - 574.7% (High&Low: 1326.25%)
7. OCEAN /usdt - 545.74% (High&Low: 1196.13%)
8. HNT /busd - 543.13% (High&Low: 1220.3%)
9. AMB /busd - 537.81% (High&Low: 1220.83%)
10. RLC /usdt - 514.08% (High&Low: 1087.3%)
11. BAND /usdt - 509.97% (High&Low: 1036.89%)
12. ANT /usdt - 505.74% (High&Low: 1059.93%)
13. DYDX /usdt - 483.25% (High&Low: 1051.11%)
14. WAVES /usdt - 475.18% (High&Low: 1080.01%)
15. LIT /usdt - 468.61% (High&Low: 1041.93%)
The coin showed the worst result: BTC /usdt - 122.62% (High&Low: 291.98%).
Full list of analyzed coins: www.tradingview.com
Analysis information for all coins: docs.google.com
Thanks for your attention!
U.S Dollar Seasonal PullbackTVC:DXY
U.S Dollar Index marked on the weekly chart
The U.S Dollar has been on a tear the past year, almost breaking old highs from 2001. However, DXY has chosen to respect its historical seasonality with the pullback in recent weeks which I believe will continue further before ultimately re-aligning with the longer term bullish narrative.
Confluences
Seasonality: Dollar tends to begin a downtrend in the second half of November.
Respected Monthly bearish order block at ~114.00. This is an area prior to the large bear trend formed in 2001.
Market Structure Shift (MSS) by breaking the swing low at ~110.00.
Most recent weekly candle disrespected a weekly imbalance by closing through it with enormous force (i.e support broken)
Bullish order block with its mean threshold within an imbalance resides below.
Lots of liquidity resting above the imbalance and order block, ripe for the taking.
Not long ago I would have expected Dollar to zoom past 120.00, but recent price behavior has shown that a cooling off is at play. The time for Dollar all-time highs will come, but for now I am bearish.
Dollar historical seasonality details: charts.equityclock.com
Gold End of the Year RallyCOMEX:GC1!
Gold Futures marked on the weekly chart
Confluences:
Major sellside liquidity taken with the break of the 2021 lows, should now seek the opposite: buyside.
Respected the volume imbalance boxed at 1625-1650 by wicking up 3 times and candle bodies staying above; It shows signs of accumulation.
Market Structure Shift (MSS). First time a short-term high was taken on the weekly chart this year.
Very obvious bearish channel since the start of the year broken, therefore tons of liquidity to be taken from short sellers at previous highs.
Relatively equal highs at ~2075. If a bullish reversal is at play, that is a magnet on price due to tons of liquidity resting above in the form of buy stops.
Seasonality: Gold's best months are November, December, and January. If there was a best time to reverse, the coming months are it. See below for more details.
I marked 1920.0 as another target because it is an institutional reaction level based on how price has traded around it since the end of 2020. If the ~2075 equal highs are not to be broken in the upcoming price run, at the very least 1920.0 should be the draw on price before a bearish reversal should be considered.
My only concern is the triple bottom ~1625 which can be an attractive area for price to sweep before finally going up to take the previous highs.
Gold historical seasonality details: charts.equityclock.com
Happy New Year TradersHappy New Year.
It has been a historic year in the markets.
From the war in Russia to the Fall of Crypto.
Here are my 5 top ideas from 2022.
#5 Learning the Ichimoku Cloud.
A 4 part idea breaking down how to read the indictor
One technical analysis improvement I made in 2022 was learning the Ichimoku Cloud. I have found it invaluable for understanding trends and spotting future trends.
#2 That’s Bait 10Y treasury note yield prediction
This idea is a prediction of the 10Y reaching 2008 highs.
#3 What is really moving markets this summer?
In this idea I created the JHEQX Seagull and past rolls together to illustrate how markets, especially in the summer, are effected by this hedge.
Since then I have posted several dozen ideas dedicated to this series. Check out my trading view feed for the rest.
#2 There will be Blood
I like to mix a movie theme combined with a chart or macro event and this one of There will be blood turned out the best.
#1 How I look explaining WYCKOFF to family and friends
By far one of the most popular since I started charting on Trading View.
The idea was inspired by dozens of other WYCKOFF charts I had created in the past.
I wanted to mix a chart idea (prediction) within a meme.
The chart took me roughly 4 hours to draw. The hand holding the cigarette was the most difficult part.
What happened with the Pound in 2022!The GBPUSD had so much potential heading into 2022, as markets anticipated some possibility of the UK navigating through the Brexit ordeal.
The BoE was one of the first central banks to increase rates, BUT YET , we saw the Pound getting pounded down, from the 1.35 price area down to the HISTORIC low of 1.036, with huge speculation that the GBPUSD could even reach PARITY .
In addition to what we already know (you can read more about it in the links below)
DXY strength
Russian-Ukraine conflict
EURUSD reaching parity
The decline in the GBPUSD was also driven by SIGNIFICANT political chaos. Prime Minister Boris Johnson was replaced in September by Liz Truss, who was replaced in October by Rishi Sunak (A change of 3 Prime Ministers in the space of 2 months)
On 23rd September , UK Finance Minister Kwasi looked to boost the country's economic growth by introducing a series of tax cuts, totaling 45 billion pounds by 2026-27.
However, the market was spooked by the scale of the fiscal giveaway and the immediate reaction was to sell UK govt bonds.
While the FTSE 100 fell to its lowest level since March, the ground gave way on the GBPUSD as it crashed from the 1.1255 price level down to the 1.0360 historical low (23rd to 26th September)
Further decline in the GBPUSD was saved by a quick intervention from the BoE as it pledged an unlimited long-dated bond-buying program to restore stability and orderly market conditions.
Fortunately for the UK, the rapid change in the Prime Minister, BoE intervention, U-turn in tax policy, and introduction of a new austerity package has had some positive impact on the GBPUSD.
In November, the new Finance Minister Jeremy Hunt released a series of spending cuts and tax rises in an attempt to plug the hole in the public finances.
The GBPUSD has recovered strongly from the 1.0360 price level in September to reach the 1.25 price area in December.
However, the UK pound is not out of the woods yet! Inflation in the UK still stands at 10.7% with interest rates at 3.50%. AND there is dissent within the BoE as the most recent rate decision votes indicated that 2 members voted to hold rates at 3.00% (7 voted to hike).
Could the BoE risk a pivot at this point? Is there enough momentum in the current slowdown of inflation growth, that it could reach the BoE's target level?
Stay Tuned for the 2023 outlook!
Year of Parity, the Euro in 20222022 was the year that the Euro fell below the parity level against the US dollar. That means 1 EUR = 1 USD.
The last time the Euro fell below the parity level was in Jan 2000 (22 years ago). And that time, it remained below parity for almost 3 years before breaking higher again.
Fortunately, on this occasion, the time the Euro spent below parity was considerably shorter, with the price breaking higher, in 4 months.
The early 2022 forecast for the Euro had already been a continuation of the downside, given that it had been dropping since 2021 from the 1.24 price area down to the 1.14 level. However, there were several factors that added to the massive decline in the EURUSD this year.
In particular, the strength of the DXY, the Russian-Ukraine Conflict, and the increasing concern over the energy supply from Russia.
(you can read more about the broad influences on the global market sentiment in my DXY review, in the link below)
The European Central Bank (ECB) was considerably late in the game to increasing interest rates, despite inflation climbing in the Eurozone.
In July , the ECB raised rates by 50bps (expected 25bps), and CPI for the Eurozone was at 8.6%. However, the rate increase saw little impact as the border conflict continued to weigh on the Euro. The EURUSD was still testing the parity level.
As the Euro broke parity briefly, a 75bps rate hike in September saw the EURUSD reclaim some ground, but this was short-lived. As Putin announced a partial mobilisation of the Russian army, escalating and wiping out all hopes for a quick end to the border conflict.
This move saw the Euro break the parity level to reach a historic low of about 0.9550. With many market participants expecting an even greater downside.
In fact, the Euro was somewhat saved by the DXY. Weakness in the DXY toward the end of September saw the Euro trade between the 0.9550 and 1.00 price level with higher volatility.
In October , the EBC raised rates to 2% BUT saw the EURUSD drop significantly following the release of the decision. This was due to the markets anticipating a "pivot" and slowdown in future rate hikes from the ECB.
Finally, in December, the ECB raised to 2.50% but the focus was not so much on the 50bps hike. Rather it was on the very hawkish comments from Chair Lagarde, where she highlighted that
The ECB saw significant increases ahead
Should expect 50bps hike for period of time
Anything thinking ECB is pivoting is wrong
The Euro currently trades along the 1.0645 price level. Will 2023 see the Euro recover strongly? Reclaiming the high of 2022 or more?
Stay tuned for the 2023 outlook!
You've missed these in 2022: DXY This is definitely not a complete list of events that happened for the year, just a snapshot of the highlights.
What a year it has been for the DXY, starting at around 96.00 and rose to a historic high of 114.75 before retracing back down again. (In comparison, the DXY only rose from 89.65, up to the 96 price level in 2021)
There were many contributing factors to this historic rise in the DXY, and to be fair, a lot of it did not have to do with the performance of the US economy.
On the 21st Feb 2022, Russian President Putin signs a decree declaring the Luhansk People's Republic and Donetsk People's Republic as independent from Ukraine, and, despite international condemnation and sanctions, begins a full-scale invasion of Ukraine.
A flight toward reserve currency/commodity saw the commencement of the dollar bull, with the DXY quickly climbing to reach the 100 price level
17th March 2022 , the US Federal Reserve begins on its path to hike interest rates, to combat the inflation rate growth (7.9%)
Toward the end of April , jawboning from Chair Powell, about a 50bps rate hike saw the DXY rocket upward to reach the 104 price level.
In May, with inflation still climbing (8.3%) but GDP now entering into negative territory, the fears regarding a US-led global recession/stagflation begins to mount.
June 2022 , inflation is at 8.6% and the federal reserve has just increased rates by 75bps, taking interest rates to 1.75%
The DXY broke through the key price level of 105 a couple of days after the rate hike.
July 2022, inflation has now climbed to a historic high of 9.1%. The impact of the Russia-Ukraine war is felt, not just from a conflict perspective, but the increasing cost of energy, commodity, and food.
The Federal Reserve conducted another 75bps rate hike, with the interest rate climbing to 2.50%.
During this period, most major currencies are losing significant ground against the Greenback, especially the Euro and the Yen, causing central banks to embark on massive interventions.
Given that the DXY had been climbing from 96.00 to approach 110 in 8 months, the markets were keenly eyeing the Jackson Hole event in August , anticipating for Chair Powell to signal the possibility of a pivot in the monetary policy path.
But what we got instead was further jawboning about more rate hikes to come, and a reiteration of the FOMC's commitment to fight inflation growth.
This was probably the last straw, as the DXY continued to rocket upward, blasting past 110 to reach the historic high of 114.75 in September, following another rate hike of 75bps from the Feds. Interest rate now stands at 3.25%
Toward the end of September, improving consumer sentiment data showed that despite inflation growth and increasing interest rates, the economic performance of the US has been resilient.
This provided some market confidence that the Federal Reserve could begin to pivot sooner rather than later, which consequently saw the reversal of the DXY.
In October and November, inflation growth begins to indicate a slowdown. However, the Federal Reserve was still increasing rates at 75bps (interest rates were now at 4.00%).
But as talk about terminal rates increases and the anticipation for a slowdown in the scale of rate hikes, the DXY continues to trade lower.
In December , the inflation rate slows down to 7.1% the Federal Reserve's most recent rate hike was only 50bps, the DXY has retraced below 110 and now trades along the 104 price level.
Is this the beginning of the bearish DXY?
(Please put it in the comments if I've left out any key events) And stay tuned for the 2023 outlook!
Bitcoin 2022-23 possible bottom As you can see we have a descending channel that has the Bitcoin price at $25k and two points touching the bottom of this descending channel at $17.7k and $15.8k. If we come in contact with this lower (yellow) trendline (mentioned by Gareth Soloway) we could possibly see price action at $9.5k. If this is the case the bottom could well be in this bear market.