Bitcoin - Buy Buy BuyHello Traders, welcome to today's analysis of Bitcoin.
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Explanation of my video analysis:
In 2018 Bitcoin created an obvious resistance level at the $17.000 level. This was the all time high of the previous bullish cycle. In 2021 Bitcoin then broke above this structure and came back to retest it in 2022. So far Bitcoin is looking very bullish and it also just broke above another key structure mentioned in the analysis. If we get a retest I will be looking for longs.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
Alltimehigh
AMD - All Time HighHello Traders, welcome to today's analysis of AMD.
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Explanation of my video analysis:
In 2016 AMD broke out of a long term triangle reversal pattern. This breakout was then followed by a pump of +5.000%. After the 2022 pullback of 70%, perfectly retesting previous structure, we are not certainly back to a bullish market on AMD. If we see a retracement back to the structure mentioned in the analysis, I am certainly looking for more long setups on AMD.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
Bitcoin - Long-Term Log View - Targeting 200k 🎯Hello TradingView Family / Fellow Traders,
🖇Following my last BTC Monthly log view analysis on November 11, 2022, we anticipated the bulls taking control after rejecting the lower green trendline and horizontal support.
What's Next?
📈 If the current all-time high (highlighted in red) is surpassed, we anticipate a 254% increase, mirroring the last bull cycle. This aligns with the upper boundary of the green channel and the 250k round number.
⚠️ However, the journey may encounter bumps, leading to sharp correction movements to shake out weak hands.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
A Possible Elliott Wave 5 To New All Time Highs This is just a quick and dirty take on the MNQ1! which could be the possible beginning of a wave 5 to new all time highs.
Currently breaking out of bearish channel, which could be seen as a wave 4.
Fibs and fib projections for wave 1-4 all seem to fit.
Stocks at New All-Time Highs Ahead of Earnings: CATThis Dow component attempted a new all-time high and failed. However, it has ample support from the prior sideways trend after the previous all-time high. NYSE:CAT has been over-speculated as it moved out of its bottom low.
The company reports end of January. Watching to see how the stock performs in the next week or so should indicate whether it will be stuck range bound for another couple of quarters or if it will have the fundamentals to support a new high. For now, it has more of the appearance of a range bound sideways pattern developing.
Caterpillar Inc. did well during the years of huge real estate and city development in China. Unfortunately, the great industrial revolution of China is long gone, their population in decline due to fewer births and more deaths reducing their billions. Their consumer-based economy has slammed into Market Saturation as their population continues to age at a faster pace than any nation on earth. CAT needs to find another source for its machinery.
Nvidia - Higher, Higher And HigherHello Traders, welcome to today's analysis of Nvidia.
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Explanation of my video analysis:
All the way back in 2014 Nvidia broke out of the long term symmetrical triangle formation and entered a crazy bullrun. With the current channel formation on Nvidia, there is a high chance this stock will push higher even more to retest the upper resistance mentioned in my analysis.
From there I do expect a correction which could be similar to the one of 2022.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
SWING IDEA - SAINTGOBAINALL TIME HIGH !!
The stock price breached 'all the high' mark. The momentum seems to be strong. We can see a potential up move in SAINT GOBAIN .
Reasons are stated below :
Daily candle closed above all the high.
Price broke out after a consolidation phase of 4months.
Formed a marabozu candle on weekly timeframe.
Price is above 50 and 200EMA.
Higher-Highs are being made i.e stock is in uptrend.
Target - 152 // 180 (these are derived from Fibonacci extension tool)
StopLoss - weekly close below 119
Gujarat Titans Showing their IPL MightNifty up 1.2% and has reached a New ATH today and just about to reach the 22000 Milestone....
The new High was touched by trh Courtesy of 2 Gujarat Titans - the Adani Group and Ambani Group
Both of their Flagship companies RIL and Adani Enterprises has touched 1% up today and Mota Bhai already had a BO yesterday followed by Adani which is on verge of BO today
These 2 have given their shoulders to Lift Indian market sky high despite the uncertainties and volatilities around the Global front
- Team Stocks-n-Trends
S&P500 - 5000 Points In 2024Hello Traders, welcome to today's analysis of S&P500.
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Explanation of my chart analysis:
The S&P500 has been rallying for the entire year of 2023. Many people do expect a correction but the charts are still looking pretty bullish. If we see a breakout above the previous all time high at $4.700, I do expect a rally back to the upper resistance of the rising channel above $5.000.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
US500 - Potential Bearish Momentum ❗️Hello TradingView Family / Fellow Traders,
In accordance with my latest analysis, which is attached to the chart, we have been anticipating a rejection of the all-time high.
📉 For the bears to assume control and confirm the beginning of the correction phase, a break below the last major low highlighted in red is required.
Meanwhile, until the bears take control, US500 would remain bullish and could still move within the green all-time high zone.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Meta - Buy The DipHello Traders, welcome to today's analysis of Meta Platforms.
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Explanation of my chart analysis:
During 2022 Meta Platforms declined massively and dropped more than -70% all the way down to the previous support at the psychological $100 level. From there we saw a pump of more than 250% after which we could now see a short term pullback followed by new all time highs.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
Bitcoin All Time High Drawdown - Bottom has been in.This chart shows the amount price has dropped from all time high to all time low during each bitcoin market 'cycle'. Each cycle's price action obviously being fueled by Bitcoin's Proof of Work Halving.
As you can seek, the bottom trendline (market bottoms) shows a 4 degree slope upwards, with the top trendline (market tops) having a slight slope downwards.
Both signify a reduction of percentage dropped in price from cycle All Time High.
In short (heh), what I mean to say is: a decade of data points are showing that this is a great area to be loading up for the next crypto bull run. Don't let the market FUD cloud your vision.
Stay savvy.
As always, this is not financial advice.
ORDI:USDT WHERE'S THE TOP?This post is based on the little information available at the time of its posting, so it's to be taken as speculative. There's not enough previous chart information to make a decent call, but based on the one method I do have that might suggest the best exit level, $110.00 appears to be it.
This is only an exercise in prediction, not trading advice.
I'll update this post if and when it reaches that level or in the event that it runs out of steam before getting there.
PS: THIS IS NOT A BUY SIGNAL!
DYDX : Preparing for Rebound !Let's break down the technical landscape of dYdX (DYDX), a token that's been through the trenches and is gearing up for a potential bounce. Here's a concise dive into the charts and key indicators that suggest DYDX might be on the brink of a bullish move. 📉➡️📈
Chart Overview:
All-Time Low Support:
DYDX has formed a sturdy support base after hitting all-time lows.
The recent upward momentum hints at a possible trend reversal.
Support and Resistance Dynamics:
Recent price action around a crucial resistance zone signals a battleground for market participants.
Historical data suggests positive price responses after sweeping key support levels.
Trading Strategy:
Support Sweep Strategy:
Keep an eye on potential support sweeps, historically signaling upcoming upward movements.
Strategic entry points post-support sweep align with past bullish patterns.
Chart Confirmation:
A decisive breakout above the significant resistance zone would validate the potential bullish trend.
Monitoring trading volumes during key price movements provides additional confirmation.
Price Outlook:
A successful rebound could position DYDX for noteworthy price levels, contingent on surpassing historical resistance.
In Conclusion:
DYDX's journey from its all-time low to its current support base presents an intriguing technical setup. Traders and investors are advised to closely monitor support dynamics and resistance interactions for strategic entry points.
❗️Test my 3 crypto trading indicators for FREE!
Link below 🔑
NQ Power Range Report with FIB Ext - 12/13/2023 SessionCME_MINI:NQH2024
- PR High: 16613.50
- PR Low: 16589.50
- NZ Spread: 53.5
Full calendar of key events
08:30 |PPI
10:30 | Crude Oil Inventories
13:00 | Fed Interest Rate Decision
14:00 | FOMC Economic Projections
- FOMC Statement
14:30 | FOMC Press Conference
Inching closer to ATH - 1% away
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 217.50
- Volume: 18K
- Open Int: 229K
- Trend Grade: Bull
- From ATH: -1.0% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 16677
- Mid: 16391
- Short: 15819
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
NQ Power Range Report with FIB Ext - 12/12/2023 SessionCME_MINI:NQH2024
- PR High: 16456.50
- PR Low: 16441.00
- NZ Spread: 34.5
Key economic calendar events
08:30 | CPI (x3)
13:00 | 30-Year Bond Auction
Near ATH - 16767.50
Evening Stats (As of 1:55 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 221.05
- Volume: 27K
- Open Int: 159K
- Trend Grade: Neutral
- From ATH: -1.8% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 16677
- Mid: 16391
- Short: 15819
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
Nasdaq 100 Rally to All time HIghs - QQQNASDAQ:QQQ NASDAQ:NDX
Here's what I see shaping up in the Nasdaq 100
💡 Remember we do have two big news events this week . The inflation CPI # Tuesday and the FOMC rate decision on Wednesday.
These two events 📰will be huge market drivers. One or both could disappoint and cause a decent pullback.
Putting that aside for now I do see positioning and a technical target 🎯in the 430 range for QQQ.
Buckle up - it's going to be an interesting week