BTC HTF LOG + Fib TimeThought this was an interesting view of BTC in HTF on Log with a Fib time that appears to line up nicely.
Based on current PA, don't believe it will hit bottom of the channel. However, $20K-$23K level is looking potentially ripe for a bottom, before another parabolic move upwards for ATH over long term.
Would prefer BTC to move down sooner than later. This to me would indicate a stronger long-term bullish market, imo.
ATH
2021 Historic Year for the Stock Market!Today marks the proper new All Time High for the stock market index ETF AMEX:SPY (futures hit a new ATH last week).
With this event I did some research and found that this is the first and only year in history to do so. Other years of 1994, 2014, and 2017 had only 11 ATH months.
I'll take this opportunity to throw some shade: if you follow Furus (Financial Gurus) that churned out constant content all year about how the stock market crash was imminent the New Year is an opportunity to prune some negativity and bad ideas.
DASH Waiting For Money To Flow In - 1100% Just To Its 2018 ATHDASH is one of those forgotten coins, or so it seems like. I remember being above 1k in 2018. Even though it has not had the chance for a rally yet, i believe it will happen eventually as there is a lot of money in BTC and ETH to be rotated out of into the laggers enclouding DASH. It has 1100% just to its previous ATH. I specifically turned on linear scale for you to see just how undervalued this asset is.
I am not a financial advisor so non of this shoud be taken as a financial advise. Be Well.
KRAKEN:DASHUSD
Road to 90$I have analysed this coin 2 months ago when it was under 10$ but I still see in $RMRK a good profit opportunity:
- 400M Mcap
- 10M supply (95% circulating)
- Deflationary
- Same token for $DOT & $KSM
- Lands will be sold only in $RMRK
- New listing soon
- Mentioned by Coinbase as one of the best metaverse projects
What else? It's just a matter of time ;)
Bullish Continuation after Retrace from ATHAfter LUNA made a new ATH and establishing a break of structure on lower timeframe, I'm entering on a pullback to participate in the anticipated continuation of bullish momentum. Targets defined by Fib Extension: levels 1.27, 168 and 2. Will trail the stop along the way and manage this position moderately aggressive.
MBOXMarket is going to make strong bullish bed here, According to Fibonacci Retracement these are the targets to be achieved in next days. Market is in Extreme Fear so it means it is perfect time to buy and should be hold till 80+ Greed level to get perfect profit right here, don't be afraid to buying here and avoid panic selling if you buy at high rates, just hold and enjoy
XAUUSD (Gold) longterm outlook - Targeting 2.5k Hey Trader,
please see my current idea on Gold. This time on the weekly chart. According to my count we may have finished our ABCDE wave triangle. In this case wave E has the structure of a 5 wave pattern. In this case I do expect a lot of buying pressure on Gold which should lead to a breakout of this triangle and therefore new highs. Fundamentally it looks like that all the taper and rate hiking talk has already been priced in the Gold price, which would explain why we didn't see another sell-off with the release of FOMC news.
Keep in mind: Proper risk management is key in being a successful trader, don't follow blindly any ideas. This is just my opinion and my technical view of the Gold market.
RT
F ATH Break Weekly Options PlayDescription
F has chopped around in this congestion pattern, a Rectangle, for 31 days following it's ATH run-up after the break on 28OCT.
The Rectangle carries the same price implications as the Symmetrical Triangle, representing an equal balance between buyers and sellers, until one side eventually wins out and pushes the price beyond the upper or lower boundary indicating a shift in supply & demand.
This particular rectangle is confined in a very tight range, slightly broadening and displays descending volume throughout (good indication of proper congestion pattern).
Although the broadening is characteristic of the current market environment, this weakens the general technical strength of the pattern.
Using Long Calls to maintain a positive vega.
Long Call
Levels on Chart
SL < 20.5
PT : No price target set for the ATH , looking for a sharp move.
The entry is a daily close over 20.5 .
*Stops based off underlying stock price, not mark to market loss
The Trade
BUY
12/31 21C
R/R & Breakevens vary on fill.
Manage Risk
Only invest what you are willing to lose
Ripple(XRP)-4H & D Ripple is very much like moving bitcoin.
The recent decline and outflow of dollars from bitcoin could be a good opportunity for other altcoins to grow
Ripple is one of the currencies that has the potential to increase 10x !!
According to Wal-Alert data this month and the past few days, a large number of ripples are coming out of CEX and circulating among whales.
2022 will be a very important year for Ripple, given the positive news from Ripple courts, the world's banks are gradually preparing to accept Ripple.
Ripple is currently in a correction process inside a rectangle AND below is its down trend line :
Support channel 1 is very important and strong, if it returns from this area, it can start its movement to stabilize above $ 1 and touch $ 3 in a short time.
( high probability)
If it fails to maintain this support, it should be expected to hit support channel 2
(Low probability)
Support channel 1 : 0.8066 --- 0.7690
Support channel 2 : 0.6436 --- 0.6001
good luck
BNB is bullishBNB is trading between 590-617$ as shown in Fabnocci Retracement, if it breaks the resistance of 617$ then it can easily hit its previous high that is 654-668$ and holding more time can lead its value to 700+ ATH, i am watching BNB value quite bullish because RSI is above 50 and retesting on its trendline and hope will bounce up
Slight modification to the LTC chartKRAKEN:LTCUSD
One of these two will play out. Just need an entry now😥
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$US500 - S&P500 futures almost back at ATH, Santa is coming?? After the sharp "omicron-dip", the S&P500 is almost back at all time highs!
The daily EMA100 got bought heavily and markets melted through every resistance since then.
The daily RSI keeps showing baerish divergence though, and also volume kept tapering off, also in the ETF on the S&P.
I would not open fresh longs here, instead taking some profits here seems reasonable.
At the moment, a correction down to 4.650 would not be weird at all, also to backtest the support from november 11th as support again.
Also there was a big gap opened up yesterday in the markets and most of the stocks, most of the up gaps get closed within the first 7 days after they got opened, whatever that statistic is worth at the moment, but it is just a fact to know i guess. Once 7 days are over chances drop sharply to get that gap closed soon, those gaps mostly get closed later on in a bigger correction/crash then.
Overall, i would aproach markets with caution at the moment, we are at heavy resistance at the moment and a small set back is kind of likely here. A break to new ATH, even more when a nice backtest happens, would be a bis buy signal though.
Stay safe in this markets guys!