Bitcoin Expectations for SeptemberHello dear @TradingView family, it's been a while since last Bitcoin update!
A familiar price pattern has emerged on the BTCUSDT chart recently. This pattern is known as a Horizontal Channel, characterized by a consistent price range. Since August 18th, the price has been moving within the range of $26,800 to $25,400.
I anticipate that the price will eventually break out of this channel. However, before this breakout occurs, there might be a deceptive move down to around $24,800. This could be a tactic to trigger stop-loss orders and access a zone with significant liquidity . Following this, there's a potential for a rapid price increase towards the resistances at $26,800 to $28,800. This is motivated by a notable trend gap between this price range and the current trendline.
It's important to note that a brief period of price stability might be felt in the market before the possibility of more significant downward movements. This could drive the price down to the range of $20,000 to $18,800. However, this specific scenario warrants its own separate analysis.
Arshevelev
AI Shaping the Market Landscape of 2030-sDear @TradingView ,
Today, I would like to share some observations regarding the S&P Composite index that highlight a repeatable market cycle. It is evident that this cycle consists of a 30-20 year period of Economic Growth, followed by a subsequent phase of 15-10 years characterized by Downturn or Sideways movement. By examining the historical data, we can identify patterns that shed light on the cyclical nature of the market.
Throughout history, the market has experienced periods of significant economic expansion, often driven by transformative inventions and advancements. These innovations, such as sailing, engines, railroads, electricity, medicine, computers, the internet, smartphones, fertilizer, and artificial intelligence, have played pivotal roles in shaping positive market trends. Each breakthrough has had a profound impact on various industries, driving productivity, and spurring economic growth.
Sailing: Pioneering Global Trade (Timeline: Ancient Times)
Sailing, one of humanity's earliest inventions, opened up new avenues for exploration and trade. The ability to traverse vast distances by sea connected civilizations, facilitated the exchange of goods, and laid the foundation for early economic systems.
Engines: Powering Industrial Revolution (Timeline: 18th-19th Century)
The invention of steam engines during the Industrial Revolution revolutionized manufacturing and transportation. Steam-powered engines enabled the mass production of goods and led to the creation of railways, powering economic growth and fostering global trade networks.
Railroads: Connecting Nations (Timeline: 19th Century)
The advent of railroads marked a monumental shift in transportation. The construction of railway networks facilitated efficient movement of goods and people, enabling rapid industrialization and spurring economic development across continents.
Fertilizer: Revolutionizing Agriculture (Timeline: 19th Century)
The development and widespread use of fertilizers marked a significant turning point in agricultural practices. During the 19th century, scientists discovered the importance of essential nutrients for plant growth. The invention of chemical fertilizers allowed farmers to replenish soil nutrients, thereby increasing crop yields and transforming agricultural productivity. The widespread adoption of fertilizers revolutionized global food production, ensuring food security and supporting population growth.
Electricity: Illuminating a New Era (Timeline: Late 19th Century)
The discovery and harnessing of electricity ushered in a new era of innovation and productivity. Electric power revolutionized industries, enabling the mass production of consumer goods, while also transforming communication and lighting systems, contributing to economic growth.
Medicine: Advancing Healthcare (Timeline: 20th Century)
Medical advancements, such as vaccines, antibiotics, and improved surgical techniques, have significantly improved public health and increased life expectancy. These breakthroughs not only saved lives but also led to increased productivity and economic stability.
Computers: Automation and Digital Revolution (Timeline: 20th Century)
The invention of computers and subsequent advancements in computing technology revolutionized the way we work, communicate, and process information. Automation, data analysis, and improved efficiency in various sectors led to increased productivity and the emergence of new industries.
The Internet: Global Connectivity (Timeline: Late 20th Century)
The internet, a transformative invention of the late 20th century, connected the world in an unprecedented manner. It facilitated the exchange of information, enabled e-commerce, and transformed communication. The internet played a pivotal role in the emergence of new business models and industries, driving market growth.
Smartphones: Empowering Connectivity (Timeline: 21st Century)
Smartphones revolutionized the way we access information, communicate, and interact with the world. These handheld devices amalgamated various technologies, such as internet connectivity, computing power, and applications, making them indispensable tools for personal and business use. The widespread adoption of smartphones led to significant advancements in mobile technology and transformed industries such as e-commerce, social media, and digital entertainment.
Artificial Intelligence (AI): Shaping the Future (Timeline: Present)
Artificial intelligence has emerged as a game-changer in recent years, with applications spanning across industries. AI algorithms and machine learning techniques are driving automation, data analysis, and predictive capabilities, enhancing productivity and enabling the development of innovative solutions. AI continues to revolutionize industries such as writing, coding, finance, security, manufacturing, and transportation, driving market growth and shaping the future of various sectors.
Throughout history, transformative inventions and advancements have played crucial roles in shaping the market landscape. The S&P Composite index serves as a valuable tool to gauge market performance and track these cycles over time. By analyzing the historical movements of the index, we can observe the repetitive pattern of prolonged Economic Growth, typically spanning around 30-20 years. During this phase, the market experiences upward trends driven by innovation, increasing productivity, and expanding global trade.
However, it is important to recognize that these periods of growth are not indefinite. As history has shown, there comes a point when the market enters a phase of Downturn or Sideways movement, lasting approximately 15-10 years. This phase is characterized by market corrections, global wars, economic recessions, or periods of depression, where the market may exhibit increased volatility and limited overall growth.
Sincerely
Artem Shevelev
Bearish Specter Haunts Bitcoin's ChannelHello dear TradingView followers and community!
Today, the Bitcoin price is making a notable attempt to breach the support level of the Head & Shoulders pattern. Based on the height of the head, it is anticipated to potentially land in the range of 24,000 to 25,000, marking a decline of approximately -11.5%.
Nevertheless, it's crucial to bear in mind that the price of Bitcoin has a reputation for delivering unexpected surprises, including bull and bear traps that can catch us off guard. Therefore, exercising caution in our current positions and refraining from engaging in risky trades is undoubtedly advisable.
Best regards
Artem Crypto
Bitcoin 1 Day TimeframeBitcoin has been in an accumulation phase since mid-May 2022, and it appears that we have now reached the E phase, where the price begins to move outside the established trading range. The trading range has been established between $ 25,000 and $ 19,000, and it is evident that we are currently trading above this range, specifically above $ 26,500 since mid-March.
One positive aspect of the current situation is that the price is forming a symmetrical triangle within a local uptrend. This pattern often serves as a confirmation of an upcoming move to higher price levels. In this case, the symmetrical triangle suggests the potential for Bitcoin to reach the range of $ 36,000 to $ 45,000.
The formation of a symmetrical triangle within an uptrend indicates that there is consolidation taking place, with buyers and sellers in a balanced position. As the triangle pattern reaches its apex, it typically precedes a breakout or significant price movement. In this context, the symmetrical triangle pattern suggests a bullish bias, indicating that the next major move for Bitcoin is more likely to be to the upside.
In summary, Bitcoin's current accumulation phase and the formation of a symmetrical triangle pattern within an uptrend provide a positive outlook for potential price appreciation. The pattern suggests the possibility of a move to the range of $ 36,000 to $ 45,000. However, it is essential to remain vigilant and closely monitor market conditions to adjust trading strategies accordingly.
Is Bitcoin Trying to Turn On US?! Warm greetings to all TradingView traders!
Let's check out the Weekly timeframe analysis for Bitcoin, where an interesting pattern unfolds.
Similar to previous periods, it appears that Bitcoin's current situation shares resemblances.
Keep a keen eye on the Weekly timeframe chart and observe the UCS_Stochastic Momentum Index indicator.
Historically, the K line crossing the D line has often preceded significant price drops.
While this indicator may have limitations and potential inaccuracies, it does suggest that Bitcoin could be on the verge of a noteworthy turning point.
🎙️ Dear fellow traders, I'd greatly appreciate your thoughts on the next move for Bitcoin. Please take a moment to share your comments and insights. Your valuable input helps us gain a deeper understanding of the market. Let's engage in a discussion and uncover the potential of Bitcoin together
Analyzing the Price Trends of SAND Cryptocurrency SANDBOXThe growth of SAND cryptocurrency in the 2021 year has been nothing short of remarkable. In just 13 months (from 2020), the price of SAND rose from a humble 0.02$ to an impressive 8.00$. This meteoric rise has caught the attention of many investors, who are now scrambling to get in on the action. What is even more impressive is that this growth occurred after a time of great uncertainty in the world, as the COVID-19 pandemic was wreaking havoc on the global economy. Despite these challenges, SAND was able to grow exponentially, proving that its unique blend of gaming and blockchain technology is resonating with a wide range of people. As we look to the future, it's clear that SAND has the potential to continue its growth trajectory.
The SAND cryptocurrency experienced a significant price drop in 2022, with the token falling from its previous high of 8.00$ to just 0.37$. This decline took many investors by surprise, and many were left wondering what the future held for SAND. However, it's important to note that this price drop was not unique to SAND, as the entire cryptocurrency market experienced a bearish trend during this time. Despite this setback, the team behind SAND remained committed to the project, and continued to work on improving the platform and expanding its partnerships. In 2023, the price of SAND finally established a bottom, with the token hovering around the 0.37$ mark. While this is a significant drop from its previous highs, it's important to keep in mind that cryptocurrency markets follow same cycles over and over again.
Based on technical analysis of SAND's chart and its Fractal structure, it's possible that the token may experience a price increase in the coming months. The chart indicates that SAND has been consolidating in a range between 0.3$ and 0.8$ for several months, which could indicate a period of accumulation by investors. Additionally, there has been a recent uptick in trading volume, which may signal increased interest in the token. Based on these factors, it's possible that SAND could see a price increase in the spring or summer of 2023, with the token potentially reaching levels of 2.0$ to 2.56$.
ArShevelev /// Ethereum Diamond & Triangle. Still Heading North.Hey there! Ethereum price has fantastic opportunity to make further move to the north. However no one says the road will be easy.
Currently price action is locked in diamond pattern, indicating for local swing reversal.
Thus far, it is viable to purchase for the mid-long term along a support line in the $1340-1450 range.
Patterns Cheat Sheet :
Ripple's Mid-2023 Move: A Bold Step Forward or a Risky Gamble?I strongly believe that XRP may experience a temporary downward trend before making another significant surge.
Upon conducting a thorough analysis of XRPUSDT and XRPBTC, I have developed opinion that XRP may experience a temporary downturn before experiencing another substantial surge.
Repeating history cycles in trading is a well-known phenomenon. Market cycles, which refer to the periodic recurrence of trends, are a characteristic feature of financial markets. These cycles are driven by a range of factors, including economic indicators, political events, and technological advances, among others. While the duration and intensity of market cycles may vary, patterns tend to repeat themselves over time.
Based on my analysis of the Relative Strength Index (RSI) and the price range (channel), I believe that XRP may experience a temporary dip before potentially rallying from 0.5. It is important to note that this rally may occur without significant retracements down to 0.23, as I previously indicated in my earlier update.
It is essential to exercise extra caution in light of the current market conditions, where traders and investors are not as prone to FOMO (fear of missing out) as they were in 2017. As a result, any temporary dip could potentially be smaller than anticipated, just as the rally could be relatively moderate.
Bitcoin's Incredible Rise: Say Goodbye to $18,000 ForeverHey traders its @ArShevelev , It is possible that the recent banking crisis will demonstrate the true value of Bitcoin
Despite banks' shares sliding down by 70%, Bitcoin passes the bank stress test as it has been performing nicely, gaining 75% from its bottom.
This resilience of Bitcoin during times of economic uncertainty has been attributed to its decentralized nature, which means it is not controlled by any government or financial institution.
Additionally, Bitcoin's limited supply and the fact that it is not subject to inflationary pressures have also contributed to its appeal as a safe-haven asset.
As more investors seek alternative investments outside of traditional financial systems, cryptocurrencies like Bitcoin are becoming increasingly popular as a means of diversifying portfolios and mitigating risk.
In my opinion, it would be prudent to carefully evaluate the current price structure by crossing and retesting the 29,000 level, which serves as a critical support/resistance level. It is reasonable to anticipate potential price movements above the 29,000 level within the range of 41 to 30 over the coming months or even a year.
I have included my price prediction drawings on the chart below for your reference.
STOP EVERYTHING and check out the mind-blowing Accumulation PATTERN you've NEVER seen before:
Best regards,
Artem Shevelev
ArShevelev /// BNB Crazy Big Triangle to Breakout!Binance holding nicely during whole bear market phase, and it seems like it will make another good profits for those who entering next bull phase!
$400 is a "musthave" expectations, realisticly prices could be much, much higher in 2025.
Kind Regards
Artem Crypto
ArShevelev /// Bitcoin's Decline is InevitableThe fact is that a lot of people just don't care about Bitcoin anymore. If you do a Google search for "Bitcoin," it will lead to 623 million results. But if you do a similar search for "bitcoin price," there are only 157 million results, and the vast majority of them are not important news articles or price analysis.
And the reason why Bitcoin prices remain stuck in sideways channels or breakdowns is because most people don't care about it anymore. Price action is boring.
They're waiting to see how much they can make by buying low and selling high, and they're not so concerned about the reality that such a purchase demands endurance and perseverance.
Most people are used to trading in 2022 on futures in a continuous downtrend, but now the time has come for a trend shift, and we see the movements altering each other up and down, causing the market to go sideways.
If there is a long-term buyer on bitcoin, I am confident that it will purchase quietly and change the public attention away from purchasing but towards selling. Remember that.
Things might change if the price goes below the 20600 level, which I believe is critical for momentum. Yet, if 20600 is broken, we will almost certainly witness a double bottom attempt.
Kind regards
Artem Crypto
The Simpliest Math Behind Every Succesful TraderWhat exactly is risk management?
The ability to control your losses so that you do not lose all of your equity is referred to as risk management. This is a system that may be applied to everything that involves probabilities: trading, poker, blackjack, sports betting, and so on.
Many inexperienced traders underestimate the significance of risk management or don't understand the basics when it comes to risk management.
Would you risk $5,000 on every trade if you had a $10,000 trading account? Probably not. Because it only takes two consecutive losses in order to lose everything.
🧠 Now, let's imagine a thought experiment, in wich 🤩Alex and 🤨Peter are both traders with $10,000 in their accounts. Alex is a high-risk trader who puts $2500 risk on every trade. Peter is a cautious trader who puts $100 risk on every trade. Both apply a trading strategy that has a 50% success rate with an average risk-to-reward ratio of 1:2.
For good example, let's imagine the next 8 trades had the following results:
4 losing trades in a row
4 winning trades in a row
Here is the result for Alex: -$2,500, -$2,500, -$2,500, -$2,500 = -$10,000 Loss of the total account 😭😭😭😭
Here is the result for Peter: -$100, -$100, -$100, -$100, +$200, +$200, +$200, +$200 = +$800 Profits. 🏆 🏆 🏆 🏆
Can you tell the difference? See how risk management show the difference between being a profitable or losing trader. Peter managed to recover losing trades, and get into good profits after 8 trades. Alex didn't survive 4 trades...
🚨 You might have the finest trading strategy in the world, but if you don't manage how much you lose, you'll lose it all. It's only a matter of probability and time.
However, following this basic example will assist you to make your trading more profitable. Simply give it a shot.
Kind regards
Artem Crypto
Follow, Like and Share are appreciated!
Take a look at my other Educational ideas below:
ArShevelev /// Promising price action of the DASH during SummerThe Dash cryptocurrency has been steadily gaining in value since its launch in 2014.
Summer 2023 is set to be an exciting time for the DASH cryptocurrency. With the launch of the DashPay social payment app, I am are expecting a promising price action of the DASHUSDT. This will be a great opportunity for those looking to invest in cryptocurrency as DashPay app is expected to be a game-changer in the crypto space.
The DashPay promises to provide users with an easy and secure way to transact using all advantages of social networks. It also aims to make it easier for users to store, send, and receive dash. As more people become aware of this new app, it's likely that we'll see an increase in demand for DASHUSDT, leading to a promising price action during Summer 2023.
ArShevelev /// Bitcoin Key ZoneI like how bitcoin appears, and the current zone will reveal who is the most powerful in the game. The 20k level already has the interest. If this level fails, we will most likely see a drop to the 17-18k zone.
Given that the price may remain over 20k, it is highly possible that it will continue to rise, potentially exceeding 25k in the near future.
ETC Long play incoming gainsEthereum Classic always makes nice rebounds in support zone. This means now it is good opportunity to take risk, because price in support zone from long term.
Consider to protect yourselfs and use stop loss if you trading it.
Expecting 3 major targets (on the chart) within next month.
BITCOIN 1h Update 10 December 2022Good day! Artem here with analysis update on Bitcoin at 1 hour TF. Here are my predictions for the price movement in the following week:
Today, BTCUSD is most likely going to move in a sideways motion about $17000-17140. Expecting an upward breakout on Monday, December 11 with a conservative target near $17400–17500.
Notice my stop loss on the chart. I consider this as a bearish takeover point.
BITCOIN 1h Update 08 December 2022Hey is is Artem update on BTCUSD price action on 1h TF. Looking for movement in range 16660 up to 17200 during weekend.
Price consolidating at rising support lines before fake breakdown and rise. According to this behaviour I am thinking price will rise afterwards and break Green Resitance line to move up 17200.
Bitcoin approaching 17000Hi everyone! Here is 1h chart analysis for Bitcoin for next 2 days movement. Looking on the movement during 5-th and 6-th December upward 17400-800 if BTC keeps its momentum gained from 21 November with 2 impulse waves.
Keep yourself protected and I will use 16600 as invalidation point of this analysis.