XAUUSD - GOLD BUYGOLD had a nice spike low last week and is looking to move higher.
On the close Friday we completed the 3 Drive and also a nice Gartley pattern into the 61.8% area where we a re expecting a bounce especially if this is going to be bullish.
We need to stay above 1920 on the short term for this to be bullish, any drop 1900 would see a possible move a lot lower.
AI has the GOLD trending higher for the day and we have just retraced into the 50-61.8% area from Fridays low and todays high.
I hope this helps.
Enjoy the day!! 👍👍
Artificial_intelligence
Fibonacci would buy BTC. Wouldn't you?Fibonacci would buy BTC. Wouldn't you?
What happened?
The market only retraced from the resistance to support.
There's no crash. Don't worry.
- RSI is oversold.
- Price is below all 4-h Fibonacci levels (=oversold).
- The markets sit on a support trendline.
- Linear Regression:
-- Every time it happened, BTC pumped sharply.
Target: $41k.
(This is an AI-written analysis. No humans were involved. DYR.)
AI's Falling Wedge Pattern. Russian-Ukrainian War update.AI's Falling Wedge Pattern. Russian-Ukrainian War update.
BTC consolidates in Falling Wedge.
If it breaks out (again), the price can hit Target 1, 2.
Bullish RSI divergences support AI's vision.
The structure is the same as our previous idea.
Only the price fled returned into the safety of the wedge as Russia invaded Ukraine.
SPX - Still tracking to 4000An update on the previous S&P500 post.
We continue to sell off towards the 4000 target.
We have had a nice sell off over night and are near the 78% level from the last rally.
Now what we would like to see is a retracement back to 4300 to give us another short opportunity. This would tie in with the AI expected move back up over the next few days followed by another sell off into the 3900 - 4000 area completing the ABCD we have been following since the top.
We now have a second ABCD lining up with the 1.618% Extension from the Oct 1 low.
If we look at timing this would bring us in around the 23rd of March.
An alternative could see an invert on the AI and a high around 4500 completing the ABCD to the upside from where we are now.
Plenty of options on the table but still targeting the 4000 area.
I hope this helps.
TOTAL CRYPTO MARKET CAP. In this chart I take a look at the Total Market Cap of the Crypto market.
We have a critical date coming up on the 16th of March if we look at the AI. This could be a potential sell off or the start of a rally depending on if we are making a low or a high coming into that date.
As it stands a rally over the next couple of days would set up that sell off but if we get down to the 1.5T level the that could be the start of a big rally.
We have big ABCD patterns at 1.375T and down at 1T, this would scare a lot of people but would be the best time to buy.
Watching for now and looking for set ups in the market.
I will post a couple of charts for the near term.
I hope this helps with the way I look at things. Enjoy the day. 👍👍
SOLANA - INTRADAY AI Turn point. SOLANA is coming into a possible daily turn point that could be the low of the day.
We also have a 78% retracement from the Feb 24th low and March the 2nd high.
AI is giving us a 730am window to turn. If we get to 800am or its below 82.00 then its likely to go lower but as it stands its lining up nicely.
This could be a major turn point, I will post the longer term TF in the comments.
I hope this helps, Enjoy the day.
SOLANA - Intraday AI turn points. Today I take a look at Solana and how it works with the intraday AI on it.
Firstly it has completed an ABCD @ 83.09 at the expected turn point of 6:30am.
Now im expecting it to rally into 1:30pm followed by a sell off again.
With this AI there is a 20-30min window if it doesnt turn within that time it is likely it wont work but when we get patterns at Fib levels that gives us a higher chance of a positive result.
On the longer term still looking for the move to the 75 area.
I hope this helps for your intraday trading. Enjoy the day. 👍👍
USDCAD - Gartley with AI BUY ZONE!!In this example I look at how I use Patterns and AI to find an entry into a trade.
Im looking at 15:30 & 19:00 as the 2 times that we could se a reversal higher.
Add the fact that we have an ABCD Gartley @ 1.2692 this gives us a low risk oppotunity to get into a trade.
I will post a shorter TF to show how it works.
Enjoy the day.
I hope this helps. 👍👍
SPX500 Gartley Sell with AI. Intraday S&P is setting up nicely for a Gartley sell in the 50-61.8% area form Fridays high.
This could potentially be the start of the move down to 4000.
This is where I use AI and patterns to find a place to enter.
This works nicely for intraday trades and also entry into higher Timeframe areas as well. At this level there is very minimal risk.
I hope this helps.
Monero ABCD Sell with the AI Intraday.Monero is lining up nicely with the AI today.
We have an expected high around 1pm @ 177. This would tie in nicely with the with the ABCD at the same level.
This could give us a nice 2-3 day Pull back to look for long trades.
Time is key to this, if we get to the time and we are still in a sideways motion then it is invalid.
A rally into 177 would complete the pattern and give us the set up we look for with AI & patterns.
Pretty oversold I like this etf from a fundamental standpoint, it's very underrated imo. Ai is going to be the future and they seem to have good holdings, very diversified. Every time the rsi hit this low we ended up higher half year later. Question is if this is the bottom. Maybe we first make a move lower to 40 level. If this dips the coming weeks i'm going to sell put options willing to get exercised.
AI - C3AI - i am guessing a 100 million buyback likes low pricesSo do I. I think the crowd says it's too early the crowd says it's too late. Buy your time. I have time on this one and they are collecting the best group the best contracts. Their AI will be a competitor if not acquired by the overlords.
BNB. AI Intra day Trade example.Here we have a nice set up where a pattern matches the AI.
At 8am we have a potential daily low which ties in with a Gartley pattern.
The pattern has already completed so the move might've already started.
The target for this move is the ABCD pattern of 481.
The AI gives us potential turn points for the day and for today it looks to be a trend day to the upside.
Betting on human tendencies for the long run, ARKQIn trading and investing the crowd is not your friend, this mantra or some derivative of it gets repeated and parroted by the talking heads and investment gurus like a broken record, the irony is that they are the proverbial crowd they so fervently encourage retail investors to avoid. They are correct though, the herd does always loose and so it is no surprise that once Cathy Wood's, ARK brand of funds rose to popularity their stellar performance ground to a halt. This does not mean they are not worth investing in or that the philosophy behind the funds are doomed to failure. Now I am not some massive Cathy Wood fan and indeed I only invest in one of her funds but it is hilarious to watch the talking heads and self-reported experts jump ship and start an almost daily string of criticism after her funds suffer a single year of poor performance. Was it ever reasonable to assume she could continue the performance of recent years, from its inception near the end of 2014 her flagship fund ARKK rose to its peak in Feb 2021 almost 700%, while the S&P 500 rose 95%. In a world where the majority of active fund managers significantly underperform the market did anyone think this was sustainable? Even after a horrid year ARKK is still up 320% while over the same time period since 2014 the S&P 500 has risen 132%. Who can honestly say over a 7 year period they have outperformed the market by nearly 3X not many people I would wager. To conclude I find it incredibly reassuring to see the daily criticism of Cathy Wood as usual the experts will mislead the crowd and just like they were no where to be seen before Woods funds rose to prominence they will fade away and change their tune once they start to perform well again.
So with the above information in mind I would like to remind people why I continue to add to my holdings in ARKQ. ARKQ is one of Cathy Woods fund that invests in robotics and artificial intelligence. I find this fund very appealing over a 20-30 year time frame for one major reason and that reason is human nature. For all of human history people have tried to build machines to accomplish tasks better, faster, or with less effort. This constant innovation has resulted in almost all repetitive and predictable tasks now being automated and performed by robots. The limiting factor until recently has been the inability for machines to complete tasks that could not be easily broken down into repetitive predictable patterns. With advent of AI this will all change and I predict over the next 20-30 years machines powered by AI and equipped with advanced sensors will start to take over an unimaginable amount of regular human activities. The easiest way for a retail investor to benefit from the growth in these industries to allocate their capital to a diversified ETF that invests in these industries. Cathy Wood is a divisive figure but her record cannot be denied, ARKQ is up 272% since inception vs the S&P 500's 138% over the same time period. While 7 years of results during a strong bull market are not conclusive I believe the future will show that this is a good place to allocate capital.
How I almost doubled my investments by betting in AIBig wins for 2020 and 2021! Exactly today two years ago I posted this idea about investing in FANG (Facebook, Amazon, Nvidia and Google). If you followed my advice and invested in FANG you should have almost doubled your investment by now.
Remember that the idea behind picking these stock is very simple:
These companies have a lot of data, and data is the oil for AI .
My investing advice remains the same for the 2022. Avoid investing in meme stocks and unknown crypto coins. This is a very hard way to make any money. Invest in companies related to what is coming next. Invest in AI, ML, healthcare, robotics, 3d printing, drones, biotech.
Worth reading: USDOF Official Calls Artificial Intelligence the New Oil .
Follow me on TradingView to know more about my investing choices.
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“Robots are not going to replace humans, they are going to make their jobs much more humane. Difficult, demeaning, demanding, dangerous, dull – these are the jobs robots will be taking." - Sabine Hauert, Co-founder of Robohub.org