BTC Market Update: Bullish Rebound Potential on 27/05/2024Good morning, the candle close on the 26th has the potential to drive BTC down further, but today's candle on Monday the 27th looks quite bullish. If tomorrow's candle can close fully covering the body of the 26th candle, it could increase the chances of reclaiming the 70893 area.
The Fear and Greed Index this morning is still in the greed status, indicating there's still a chance for market makers to push it down to fear status with the aim of shaking out retail investors first. However, as always, the market is dynamic and anything can happen.
"Hope for the best and prepare for the worst."
Keep in mind to stay safe and always trade like a robot without emotion. That's it for today's crypto update.
I'm Akki, signing off with one chart.
2024
BTC - Are You Ready?📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 BTC has been overall bullish, trading within the rising channel in blue.
Currently, BTC is undergoing a correction phase and it is currently approaching the lower bound of the channel.
Moreover, it is retesting a structure in red.
🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the red structure and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #BTC approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
[FSRN] FISKER TO SATURNS MOON - FROM 6 CENTS TO $1.50 - $2.00There is a major short squeeze about to be crippled at $1.50 - $2.00 range after announcements that Fisker raised $3.5 million last month to stay afloat from private investors.
The TESLA engineering genius Henrik Fisker is back with a vengeance.. Legendary car-designer Henrik Fisker is one of those deeply imaginative thinkers. An automotive pioneer and tech innovator. Trust this is the most underrated stock in the market right now.
Potential to make $100,000 from each $1000 invested.
You're welcome, Roaring Puppy out.. OTC:FSRN
Follow for more uproars...
Reference:
Fisker Raises Additional Capital From Existing Investor; Funding Is $3.456 Million; Potential to Increase to $7.5 Million
Fisker also Adds Three New U.S. Dealer Partners, in California and New Jersey; Waives $2,438 D&H Fee in U.S. on MY2023 Extremes and Ultras
ETH - Deja Vu🦋Hello TradingView Family / Fellow Traders,
For those who know me, I always enjoy studying previous price action.
📌Today, I want to share an interesting pattern I found on ETH.
Back in Summer 2021, ETH experienced a parabolic bullish impulse (depicted in blue), followed by a correction (shown in purple) to reject the $3000 support before commencing another bullish impulse movement.
If we apply the same logic to the current price action, ETH is currently in the correction phase, rejecting the $3000 support.
Thus, I will be looking for buy setups on lower timeframes, speculating on the next bullish impulse movement.
Of course, this pattern will be invalidated if the $3000 mark is broken downward.
🗒 What do you think? Will history repeat itself?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
And always remember:
All Strategies Are Good; If Managed Properly!
~Rich
BTC - Bullish this Weekend⁉️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉 BTC has been overall bearish short-term trading within the falling channel in red.
🏹 For the bulls to regain control, a break above the last major high in red is needed.
Meanwhile, BTC can still trade lower to test the $59,000 - $60,000 demand zone before trading higher.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
USDJPY - Still Bullish Long-term 📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last analysis (attached on the chart), USDJPY rejected the $160 resistance and traded lower.
What's next?
📈 USDJPY is still overall bullish , trading inside the rising channel in red.
At present, USDJPY is undergoing a correction phase and it is currently approaching the lower bound of the channel.
Moreover, it is retesting a previous major high marked in green.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green zone and lower red trendline acting as a non-horizontal support.
📚 As per my trading style:
As #USDJPY is hovering around the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BTC bitcoinbar chart array; I was looking at this the other day, two days ago, and noticed how solid the background is plus counting the fades there's only 5 out of 10. I also noticed unlike most cryptocurrency that follows through with the entire cycle before madness gains, Bitcoin does not necessarily follow that trend. Bar Chart Arrays are not finite technical indicators. They are more like broad perspectives at times when the main indicators become unusable, unreadable.
BTC - Detailed Video Analysis around 60k 📹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📚 As long as the $60,000 holds, we are expecting a continuation till the upper bound of the range and $70,000.
📚Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
(ETH) ethereum "positive arrow vibe"Upgrade arrow on weighted moving average 100 of Ethereum similar to some alt tokens. Upgrade or ...
Using some default tools from the user manual instead of heavily modified community indicators and the simple indicator gives good notice on critical points of the graph. Slight tweaks were made to get the indicator to my desired look and settings.
JASMY 'LIONS PAW'There are no animals or humans that have six fingers to my knowledge unless by accidental anomaly. For that reason I think it's only natural to see the price of Jasmy going up. On the image it is easy to see the image in the chart. Based on where BTC is headed it wouldn't make sense to see the price drop.
(SHIB) shiba inu "where to next,..."Shiba Inu price appears to be unknown based on support and resistance over the life of trades for the cryptocurrency. Right now the price is literally in the middle of a wide channel with no past information to conclude where the price is headed. Is it going up? Or is it going down? ...
NVIDIA "WHY NVIDIA DOES SO WELL"Most people that don't own a computer that includes an NVIDIA graphics processor will not know the core reason for why NVIDIA as a company is doing so well. NVIDIA updates their more current lineup of graphics processors on a regular basis the same way Microsoft has updated their systems with finite tweaks. Each month Nvidia updates and upgrades their processors and usually multiple updates are available each month. These updates come as the new games and technology are released. Nvidia releases updates to keep their technology on user computers in trend with the on-going releases of computer games. Without the constant care and finicky attention to detail by the company for the sake of their computer users the stock would not perform as well as it does. By keeping committed to the value of investing their interests in keeping the computers users own up-to-date this creates a strong bond between customer and business that leads to the relationship of customers to trust NVIDIA more than other companies. In the past graphics slowly went outdated and eventually computers underperformed. Now with NVIDIA always updating their graphics the same way microsoft updates their operating system the owner of the computer with installed NVIDIA graphics can maintain a connection between the latest technology updates and their computer without always the need to buy a new computer every year to update the main components of the computer that become outdated.
Jasmy (JASMY) Drawing on the charts, nothing else to it than that.
Glassy, Grassy, Miami, ascii, chassis, tallahassee.
...
For some reason the circles always shift whenever I try to use them as a published idea. Trading View should fix that. The circles should line up with the highs of each section.
...
sassy, classy, grammy.
Some words that rhyme with Jasmy.
...
Let's ignore those that refer to anger or violence.
BTC - Boring Month⁉️Hello TradingView Family / Fellow Traders,
BTC has been hovering within a big range between $60,000 support and $70,000 resistance.
Scenarios:
1️⃣ Bullish
For the bulls to take full control again, a break above the $72,000 mark is needed.
In this case, a movement towards the $80,000 resistance would be expected.
2️⃣ Bearish
In parallel, if the $60,000 support is broken downward, we expect a bearish movement towards the $50,000 demand zone.
Which scenario is more likely to happen first? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
NVDA - the way it's meant to be played™Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 NVDA has been overall bullish from a long-term perspective, trading above the blue trendline which is acting as a non-horizontal support.
After breaking below the last low marked in red, NVDA has been in a correction phase from a medium-term perspective.
Moreover, the green zone around $650 is a strong demand zone.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green demand zone and blue trendline.
📚 As per my trading style:
As #NVDA approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich