2022
Bitcoin Dump prediction 2022Based on my technical analysis what I know and what I believe in
On our weekly timeframe we’d have a retracement on bitcoin back to our shoulder lines before the massive dump and if our demand zone at $34k is not strong enough then the price of Bitcoin would dump more and more
What Is the Future of Crypto and Bitcoin in Short and Long TermsBitcoin fell down fast at the first days of the New Year’s Eve, and just a few days ago, on January the 8th, it was getting sold just about 40K USD. The crypto market is highly inflated. Inflation of crypto market and Bitcoin following the New Year’s Eve, and especially after the Kazakhstan governmental shutdown of the crypto mining networks, potentially might be bearish, not only to the cryptocurrency value but also to the stock market over the early months of the year. Meanwhile, experts analysis proofs long term increments in crypto market price that would just pass 80K USD in near future this year, and then possibly it might hit 110K USD, and much more. Thereby, as the Bitcoin value badly hit 40K USD (as a short term falling minimum) last days, and on the contrary as the crypto markets just had some good trades last days, and especially while meaningful hopes are brightly observable at the sight showing that the crypto markets are getting boosted again over the next days by a higher rate of impressive traders, thereby, fortunately, the cryptocurrency market shall hit a desirable value, once again, too soon (above 45K USD). But because of vast social stress over the current pandemic that what if probably the CoVid issue affects the Digital Money, and also because, as it was discussed above, the Kazakhstan’s cryptocurrency mining complaints yet threatening the crypto market, it might be predictable that the next month would not be such a good month for the crypto and stock markets and for the investors (and the price may fall below the 40K USD broker). Below, I have just illustrated a schematic chart eliciting my self-opinions regarding the effects of the moving average bars on the Bitcoin price just during the Jan of 2022.
Look at my personal-forecast of the Bitcoin price in short term (The snapshot of the chart of current idea)
Now, after a distinguished increment in crypto price once, over the next days in late third quarter of the Jan, 2022, thereafter, it could be not an ideal market for crypto during this Feb. But following the spring we must see a huge difference in the crypto markets value hopefully.
THETAUSDTPE 2022 Buy Signal FORECAST NEXT DAYLY TREND CHARTTHETAUSDTPE 2022 Buy Signal FORECAST NEXT DAYLY TREND CHART
Technically we are still overall bearish and here are the possible scenarios:
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Annual Forecast for Dogecoin (2022)DOGE has maintained a steady bearish momentum since May 2021, after it peaked at $0.7390. The meme coin has battled in futility to scale the descending trendline as it continues to refresh new lows.
That said, DOGE is on track to record its most bullish weekly candle in over five months following the recent Tesla-induced spike. This spike pushed the cryptocurrency to the critical trendline but failed again to breach it as the eleventh-largest cryptocurrency retraced mildly after the retest. However, this is the most bullish DOGE and the broader crypto market has been in the whole of 2022, indicating that a bullish sentiment could be returning since its bearish foray in November.
For 2022, popular estimates opine that the meme coin could retake its all-time high at $0.7390 and possibly hit the $1.5 mark.
Meanwhile, my resistance levels are $0.2000, $0.2100, and $0.2175, and my support levels are $0.1800, $0.1650, and $0.1600.
Total Market Capitalization: $2.04 trillion
Dogecoin Market Capitalization: $25.7 billion
Dogecoin Dominance: 1.26%
Market Rank: #11
Solana Price Forecast 2022Solana currently remains in a stable downward trend. It is being affected by the bearish dynamics of the current crypto market and there are also rumours of security problems. Recently, the ecosystem had a failure which was thought to be a DDOS attack, but the CEO clarified that this was a congestion issue. To break through the downtrend, SOL must break through the key resistance level near $170. This is a dynamic resistance line of the descending channel and a powerful price level. In the past this level has acted both as support and resistance. Price could test the support of the descending channel around $ 110 and it may rebound from there.
2022 looks to be a promising year for Solana development. Bank of America recently stated that Solana could become the 'visa of crypto' due to its scalability , low transaction fees and speed. It is currently the fifth largest crypto by market cap it has been referred to as an 'Ethereum killer' Although concerns remain about its reliability and level of centralisation.
$BTC Potential SupportBINANCE:BTCUSDT has been underperforming lately, falling into the $40k range once again. The stochastic is starting to show bullish momentum, and 40k is a massively important structural area, but at the same time we see a death cross ensuing as the 50 MA dips below the 200 MA. If this 40k zone holds, Bitcoin and the rest of the crypto market could potentially start a solid recovery, or at least a temporary bounce. However, if $BTC starts to break down that level, things will likely go much lower as people go negative on positions and sell out. I am planning on resuming my routine of making watchlist videos, so be sure to follow! Good Luck!
Annual Forecast for Bitcoin (2022)Since it peaked at the $69,000 all-time high on November 10, 2021, BTC has maintained a steady downward trajectory that bottomed out, for now, on January 10. That said, the benchmark cryptocurrency is currently on a rebound from the crash, as it received support from a combination of technical points coalescing around $40,000.
Notably, the flagship cryptocurrency now coasts around the critical trendline that has guided the bearish spiral since early November. That said, a sustained control above this line in the coming days and weeks should help BTC quell the bearish pressure and reposition to tap into the previous bullish cycle. This bullish projection receives support from the fourteen-month-long ascending trendline, the July pivot area, and the $40,000 support line.
It would be interesting to see how the price action of BTC plays out over the coming days and weeks as bullish sentiment returns. Personally, I expect to see BTC hit the popular $100,000 price tag in 2022.
Meanwhile, my resistance levels are at $45,000, $46,000, and $46,300, and my key support levels are at $43,000, $42,000, and $41,000.
Total Market Capitalization: $2.10 trillion
Bitcoin Market Capitalization: $837.8 billion
Bitcoin Dominance: 39.8%
Market Rank: #1
Is Qualcomm a durable tech stock?Hi everyone,
Today we will talk about NASDAQ:QCOM , a semicunductor manufacturing company.
As we saw almost all tech stocks selling off from late November through to 2022, NASDAQ:QCOM managed to stay up there quite nicely.
The question to ask now: Is it lagging?
Will [ symbol="NASDAQ:QCOM"]NASDAQ:QCOM follow broad tech market and proceed to a major correction?
Or will it continue grinding higher?
Inasmuch as semdiconductor industry is carrying world's supply chain on its shoulders, I still think we could see a correction in the stock.
We've got a looming danger of Fed's interest rate hike somewhere in March-June this year.
I cannot believe any risk asset such as tech stock would stand still when it happens.
Putting macro stuff aside for a moment, we can see a similar pattern in the past of the stock price, where ATHs were reached, touching a rising trend resistence, which led to a rapid 26% correction and 260 days consolidation in the lower range.
I strongly believe that the conditions are ripe for the same scenario to repeat.
I will buy the stock after new consolidation pattern is established, preferrably near 150 level.
Please let me know if you found my macro rant useful and if you would like to see similar content in the future.
Trade wisely and good luck!
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Disclaimer!!!
This is not financial advise
Sol Touch the Strong Resistance and Now It's BullishThe Back Ground
Sol Start a new bullish tend every time we see RSI in oversold region and every time it was so quick to gain the new high, while on the other side the preciously established 50% fibo retracement level is in play.
Point:
RSI is is recovering from oversold zone, price already retrace above to previous day close, last day candle is a rejection signal with decent volume which will be confirmed with today close. It also lose 50% from its all time high which is a opportunity for byers.
Pay Attention to Today Close and Rejection Confirmation
It is better to plan your trade above test confirmation candle and ride that trade till ATH , and you may enjoy TP1 at psychological level of 200.
Use a wise stop loss below 115 as in a quick move I am still expecting the deep pockets may move it down to liquidate the leveraged positions.
It is not financial advice; always do your research.
Please, feel free to ask your question; write it in the comments below, and I will answer.
inverse H&S on weekly chart for TCBITCBI looks primed for a strong rebound as financials have a strong year with rising rates.
TCBI is a regional bank trading at a 1.22 P/B ratio. This indicates there is significant value here. Texas is fast becoming the new place to be for booming businesses such as space exploration and crypto.
Inverse Head and shoulders on the weekly along with a golden cross. Waiting for confirmation of this trend, but looks promising.
Commodities In 2021 and a View for 2022It is official- Inflation is no longer “transitory,” according to the US central bank. After blaming rising prices on pandemic-inspired supply chain bottlenecks throughout 2021, the Federal Reserve swallowed its pride, admitting inflationary pressures are far more structural than “transitory.” Economist Mohamed El Erian called “transitory” the worst call in the Fed’s history.
What the Fed, US Treasury, and most mainstream economists have not said is that the blame lies at their feet. The liquidity tidal wave and stimulus tsunami lit the inflationary fuse in 2020 that continues to burn in early 2022.
The dollar index may have rallied by 6.34% in 2021, but its appreciation is little more than a mirage. The foreign exchange market conveniently measures one currency’s value against another. The dollar’s ascent may make the greenback the strongest fiat currency, but it is the best horse in the glue factor when it comes to value. All fiats have lost purchasing power since 2020, and the dollar is no exception. The stock market, real estate prices, cryptocurrencies, and commodities have all experienced substantial price appreciation, which is also a mirage. Fiat currency’s purchasing power continues to decline, and that trend remains firmly intact as we head into 2022.
Commodity prices began rallying after reaching bottoms in early 2020 as the pandemic swept across the world. The rally continued in 2021 and looks set to take prices to higher lows and higher highs in 2022.
2021 was a very bullish year in the commodities asset class
A composite of 29 of the leading and most liquid commodities futures and forwards that trade on the US and UK futures and forwards exchange moved 4.73% higher in Q4 2021 and 26.79% higher in 2021. In Q4, the leading sectors posted the following results:
Base metals moved 9.65% higher
Grains gained 9.31%
Animal proteins moved 4.73% higher
Soft commodities appreciated by 4.25%
Precious metals posted a 2.80% gain
Energy commodities fell 3.02%
In 2021, four of the five sectors posted double-digit percentage gains while only precious metals moved lower:
Energy was 54.13% higher
Base metals gained 38.09%
Soft commodities rallied 31.57%
Grains moved 29.71% to the upside
Animal proteins appreciated by 19.16%
Precious metals fell 11.91%
The overall performance was highly bullish as inflationary pressure, pandemic-inspired supply chain bottlenecks, and other factors pushed prices to multi-year, or in some cases, new all-time highs.
An interesting observation between a commodity composite and the S&P 500
In a sign that inflation pushed all asset prices higher, the performance of the leading stock market index and commodities asset class was virtually the same.
The long-term chart of the S&P 500, the most representative stock market index, reflects a 26.89% rise in 2021.
The commodity composite that includes the leading precious and base metals, energy, soft, gains, and animal protein markets was 26.79% higher. The results are uncanny but reflect inflation’s impact on prices.
Thirty-three winners and eight losers for the year
Winners outnumbered losers by better than four-to-one in the commodities asset class that includes 41 different markets.
Metals, foods, and energy commodities posted the most significant gains. Thirty-two of thirty-three markets that moved higher posted double-digit percentage gains, and thirteen markets were up over 50%.
Of the eight markets that moved lower in 2021, five were precious metals. The sector may have lost 11.91% in 2021, but it moved 27.85% higher in 2020. Gold reached a new all-time high in 2020 and palladium in 2021, before the shiny metals corrected. Iron ore, the worst-performing commodity in 2021, was nearly 73% higher in 2020. Soybean meal rose by over 43% in 2020. Cocoa posted a marginal gain in 2020 and a market loss in 2021.
Three reasons the bullish relay race will continue
The ascent of commodity prices since the 2020 lows has been nothing short of a bullish relay race, with one market handing the bullish baton to the next.
Three factors favor a continuation of bullish price action in 2022:
Inflation : The Fed may be talking a hawkish game in early 2022, but action speaks a lot louder than words. At the December FOMC meeting, the committee forecast a 0.60% Fed Funds rate in 2022 and a 1.90% short-term rate in 2023. Even if inflationary pressures recede, real interest rates will remain in negative territory, which is fuel for higher inflation. As fiat currencies’ purchasing power declines, commodity prices are likely to continue to make higher lows and higher highs.
The supply chain : Geopolitical issues and the pandemic’s legacy continue to create bottlenecks preventing commodities from moving from producers to consumers. Moreover, tensions between the US and Russia and the US and China develop roadblocks for commodities and distort prices, creating gluts in some regions and shortages in other areas.
Policy : The shift in US energy policy to address climate change changed the fundamental equation for fossil fuels. OPEC and Russia now control world petroleum pricing. Increased regulations on US drilling and fracking will weigh on supplies. Moreover, addressing climate change dramatically increases the demand for battery metals and other commodities that are critical inputs for greener energy via alternative and renewable sources. Energy is an essential input for all commodity production. As energy prices rise, it puts upside pressure on all commodities, including grains, animal proteins, and metals.
Inflation is a vicious cycle that is challenging to address once it gains speed. The US Fed and other world central banks are far behind the inflationary curve in early 2022.
Bull markets rarely move in straight lines
Bull markets can experience brutal corrections. In 2021, we saw copper drop from a new record high at nearly $4.90 per pound in May to below $4 in August. Lumber dropped from over $1700 per 1,000 board feet in May, a record high, to under $500 in August. Crude oil fell from its highest price since 2014 at $85.41 in October to below $63 in early December. Natural gas tanked from $6.466 per MMBtu in early October to below $4 in December and January. Many other commodities suffered equally ugly corrections. However, most found bottoms and have rallied from the higher lows than in 2020.
I expect a continuation of higher lows and higher highs in the commodities asset class in 2022. The trend is always your best friend, and it remains higher in the raw materials asset class since 2020.
2021 was a bullish year in commodities, and I expect that trend to continue in 2022, but the road to higher prices is likely to be very bumpy.
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Trading advice given in this communication, if any, is based on information taken from trades and statistical services and other sources that we believe are reliable. The author does not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects the author’s good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice the author provides will result in profitable trades. There is risk of loss in all futures and options trading. Any investment involves substantial risks, including, but not limited to, pricing volatility, inadequate liquidity, and the potential complete loss of principal. This article does not in any way constitute an offer or solicitation of an offer to buy or sell any investment, security, or commodity discussed herein, or any security in any jurisdiction in which such an offer would be unlawful under the securities laws of such jurisdiction.