Monthly chart and Stochastic RSI shows directionIn BTC USD, practically every time the monthly Stochastic RSI has reached 100 and the fast RSI crosses the slow RSI there is about a 45% to 75% drop in value as a correction.
The BTC low target would be $29,000 to $41,000 for the next 6 months prior to the post-halving bullrun going into 2025.
2025
XRP - Shift in Momentum in Action!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 XRP has been overall bearish , trading within the flat falling wedge pattern in red.
Moreover, it is hovering within a massive weekly support zone $0.5 - $0.6.
🏹 For the bulls to take over from a long-term perspective, a break above the upper red trendline and $0.6 resistance level is needed.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BTC - Next Bullish Impulse Soon!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 BTC has been overall bullish, trading above the rising trendline marked in red.
Currently, BTC is undergoing a correction phase and approaching the trendline.
Moreover, it is retesting a strong support zone marked in blue.
🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the blue support zone and red 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
Bitcoin - Keeping It Simple!Hello TradingView Family / Fellow Traders,
📦 After rejecting the $70,000 - $72,000 resistance zone, BTC has been hovering within a narrow range during a correction phase.
📈 For this impulse phase from $20,000 to persist and push towards the next resistance at $80,000, a break above the $72,000 mark is needed.
📉 In parallel, if the $60,000 support is broken downward, we expect an over-extended bearish correction towards the $50,000 - $52,000 support 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
BTC - Short-term View! Update...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈As per my last analysis, attached on the chart, BTC rejected the blue circle and traded higher.
What's next?
🏹 For the bulls to maintain control, and take over from a long-term perspective, a break above the $72,000 resistance is needed.
In parallel, if the lower blue trendline is broken downward, a bearish correction would be expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
$TOTAL will triple until end of 2024It sounds impossible, but take a look!
As CRYPTOCAP:TOTAL crypto marketcap is inside a multiyear wedge, it will likely continue this trend for next months as we are testing the support
If you take a look at the RSI on the panel bellow, another trend is forming and will likely hit the resistence before end of year (big purple arrow), with more then 230% gain
After that, we may see a strong correction, mirroring last cicles as is showed on the RSI panel with the 3 dashed red arcs
ETH - Critical Zone 👀 Again!Hello TradingView Family / Fellow Traders,
As per my last analysis, ETH rejected the $3000 support and traded higher.
What's next?
Scenarios:
1️⃣ Bullish - Continuation
For the bulls to maintain control, a break above the $4,000 - $4,100 is needed.
In this case, a movement towards the $4,500 resistance would be expected.
2️⃣ Bearish - Correction
Meanwhile, the bears can still kick in for a correction towards $3,500 where we will be looking for new short-term buy setups.
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
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
ETH - Wait For The Bulls!Hello TradingView Family / Fellow Traders,
📦 ETH has been trading within a big range around the $2,800 - $3,000 support in the shape of a flat rising channel.
Currently, ETH is hovering around the lower bound of the support and rising channel.
As long as the $2,800 support level holds, we expect the bulls to kick in soon!
📈 For the bulls to take over and start the next bullish impulse movement, a break above the last major high in green at $3,000 is needed.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
BTC - Accumulation or Short Buildup❗️Hello TradingView Family / Fellow Traders,
BTC has been hovering within a narrow range marked in red around the $60,000 - $62,000 support zone.
Scenarios:
1️⃣ Bullish - Accumulation
For the bulls to take full control again, a break above the upper bound of the range is needed.
In this case, a movement towards the $69,000 resistance would be expected.
2️⃣ Bearish - Short Buildup
In parallel, if the $60,000 support is broken downward, we expect a bearish movement towards the lower bound of the orange channel around $55,000.
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
MATIC - Clean and Clear ❗️Hello TradingView Family / Fellow Traders,
On Weekly: Left Chart
MATIC has been hovering within a big range in the shape of a flat rising channel marked in blue.
Currently, MATIC is approaching the lower bound of the range, so we will be looking for buy setups on lower timeframes.
On Daily: Right Chart
📈 For the bulls to take over, we need a momentum candle close below above the last major high highlighted in gray.
📉 Meanwhile, MATIC would be bearish short-term and can still trade lower inside the weekly support.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
SOL - Massive Demand Ahead 🏹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉 After rejecting the $200 round number, SOL has been bearish as a correction phase.
🏹 The $100 - $115 range is a massive demand zone to look for buy setups and capture the next bullish impulse movement.
📚 As per my trading style:
As #SOL nears the demand 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 - Bearish Short-Term Until...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉 After breaking below the last major low in red, BTC has been bearish from a short-term perspective trading within the falling channel marked in red.
🏹 For the bulls to regain control, a break above the upper red trendline is needed.
Meanwhile, further bearish movement towards the lower bound of the red channel would be expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BTC - 60k Support Confirmed 👌Hello TradingView Family / Fellow Traders,
📦 This week, BTC confirmed the rejecting of the $60,000 support.
📈As long as the $60,000 support holds, I am expecting a continuation towards the next resistance at $70,000.
🏹 Then for the bulls to remain in control, and test the $82,000 and upper bound of the red channel, a break above the $72,000 resistance is needed.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
BTC - Wait For The Bulls 🦬Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 BTC has been stuck inside a range within the shape of a symmetrical triangle.
Currently, BTC is in a correction phase, approaching the lower bound of the triangle.
Moreover, it is retesting a strong support and round number $60,000.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the blue support and lower orange trendline.
📚 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...)
This bullish scenario will hold, unless the $60,000 is broken downward.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BTC - Roadmap to 82k 🗺Hello TradingView Family / Fellow Traders,
📦 Post-halving , BTC has been hovering within a big range between $60,000 support and $70,000 resistance.
📈 For the bulls to take full control again , and test the $82,000 and upper bound of the red channel, a break above the $72,000 resistance is needed.
📉 In parallel, if the $60,000 support is broken downward, we expect a bearish movement towards the $52,000 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
My Bitcoin Prediction 2024-2025 - $268,000In this analysis, I'm projecting a bullish trajectory for Bitcoin over the period of 2024 to 2025, with a target price of $268,000. Leveraging technical indicators and historical price movements, I anticipate sustained upward momentum driven by increasing institutional adoption, scarcity dynamics, and broader market trends. However, it's crucial to monitor key support and resistance levels along the way to validate this prediction and adjust strategies accordingly. Stay tuned for updates as we navigate through this exciting phase in Bitcoin's journey.
NIFTY - Ready to Launch into 27000 levelsGETTEX:NSE : NIFTY
NIFTY Index since its inception in 1990 - completed Wave 1 in 2008 followed by Wave 2 with FIB approx 0.5 Fib level retracement.
Then continued wave 3 impulse wave until COVID impact with a sharp correction(retracement) to 0.382 fib level marking the completion of wave 4.
when waves 1 and 3 neither of them are extended and wave 4 retracement is only 0.382 fib level, a most likely scenario of wave 5 is extended till 1.618 FIB extension (~27100 Level)
This long-term possibility could take months to make due to macro global and political as well.
However, the current position of INDIA in the Technological and Political Landscape globally. I truly believe this possibility is a quick one to achieve.
Jesus LTC !Litecoin is a cryptocurrency that operates on a decentralized network, similar to Bitcoin. It was created in 2011 by Charlie Lee, aiming to offer faster transaction times and lower fees compared to Bitcoin.
Regarding its future with AI technology, there are several potential intersections:
1. **AI-Powered Trading:** AI algorithms could be employed to analyze market trends and make predictions, potentially aiding traders in making more informed decisions when trading Litecoin.
2. **Fraud Detection:** AI can be utilized to detect fraudulent activities within the Litecoin network, enhancing security and trust among users.
3. **Smart Contracts:** AI technology could facilitate the development of more sophisticated smart contracts on the Litecoin blockchain, enabling automated and self-executing agreements with greater complexity.
4. **Scalability Solutions:** AI could help in developing solutions to address scalability issues faced by Litecoin and other cryptocurrencies, such as optimizing block size or implementing layer 2 scaling solutions.
5. **Personalized Financial Services:** AI-driven personalized financial services could be built on top of the Litecoin network, offering users tailored recommendations for investments, savings, and spending based on their individual financial situation and goals.
In essence, integrating AI technology with Litecoin could lead to advancements in efficiency, security, and user experience within the cryptocurrency ecosystem.
BTC Macro Halvings interpolated - 2020 cycle LOW is IN days awayFib time from previous cycles says - 2020 cycle LOW is IN or days away (by the end of 2022).
The interpolations says:
MAY-JUNE 2023 - BTC at 45 000 $ to 48 000 $
FEB-MAR 2024 - BTC at 15 000 $ to 16 000 $
NOV 2025 - BTC at more than 100 000 $
':)