Bitcoin Detailed Top-Down Analysis - Day 80Hello TradingView Family / Fellow Traders. This is Richard Nasr, as known as theSignalyst.
80 out of 500 days done.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Bitcoin-btcusd
Bitcoin Detailed Top-Down Analysis - Day 74Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
74 out of 500 days done.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
ARIASWAVE CRYPTO MARKET UPDATE - Tracking the Latest Price MovesIn this video I cover Bitcoin and XLM and talk about what I see happening over the coming months.
I believe we will see a relief rally sooner rather than later in these markets.
I have adjusted the count for Bitcoin due to the waves observed that the current lows.
Each wave that occurs in the markets gives off clues to the overall count which is why I've been patient.
If we are to expect some kind of rally, then it's best to understand which waves will cause it.
In the case of Bitcoin, it looks to be part of the corrective portion of Wave D of Wave 2.
In the case of XLM's potential to rally it looks like it is Wave C of Wave 2.
For now, it appears to be wise to wait for Bitcoin to at least trace out the start of a bear market rally...
Whereas in the case of XLM it looks like it has already displayed signs that the bear market rally has already begun.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser, I suggest using this only as a guide. Always do your own research.
Bitcoin Detailed Top-Down Analysis - Day 71Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
71 out of 500 days done.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Bitcoin Detailed Top-Down Analysis - Day 69Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
69 out of 500 days done.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Bitcoin Detailed Top-Down Analysis - Day 68Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
68 out of 500 days done.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Bitcoin - where is the bounce?Hello, dear friends!
Bitcoin today showed the new leg down and now we have the question, where is the anticipated pump? I still think that the bull trap pump is probable. Moreover I also told in this video about the insane global long trade which is imminent, but only after final dump. Enjoy the video!
Best regards, Ivan!
Bitcoin Detailed Top-Down Analysis - Day 66Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
66 out of 500 days done.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Bitcoin Detailed Top-Down Analysis - Day 65Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
65 out of 500 days done.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Using DXY to Predict Bitcoin 📈 Winter for the EuroHi Traders, Investors and Speculators 📉📈
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
If you're following multiple markets you'll e aware that the Euro trades at a 2-Decade low against the dollar, and that the Dollar Index (DXY) is trading at a 20 year high. Things are about to get much worse for the Euro - winter is coming. Russia recently added to Europe's energy crisis by shutting of key gas taps. With this, there is pressure on the ECB / Europe Central Bank to tighten monetary policy. As noted by Bloomberg, there are expectations for the central bank of Europe to raise rates with 75 basis points as soon as Thursday. This is bearish for the Euro, and bullish for the Dollar, as imports from the US increases over winter time. This is, in short, how I come to my conclusion and expectation of the continued rise of the DXY over the next few months. The only natural target, would be the previous ATH / resistance zone.
EURUSD Chart :
This brings us to the next topic, the correlation of the DXY to the Bitcoin chart. For this, it's quite simple to use the correlation coefficient technical indicator and too overlap the BTCUSDT chart. By doing so, we realize that there is a mostly inverse relationship between BTC and the DXY. Thus, to state the obvious, if the DXY continues to rise, we can expect the price of BTC to continue to fall. Interestingly enough, there are two confirmations around the $12K price mark for Bitcoin.
Thank you for watching, tune in again tomorrow !
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Bitcoin (BTC) • Important technical levelBitcoin has hit a significant technical level again.
In this video I walk through some trendline tactical deployment and usage to look ad the ongoing macro trends and break of structure.
We look into the liquidity in the Coinbase orderbook (principal exchange) and observe the tremendous asymmetric displacement of bids vs asks.
I also cover some of the usual futures data.
Be aware that I was 17min into the video and it ended unexpectedly while talking about Hashrate and Fees. Apologies.
BTC Short Trade Update - Is the Dump over!? Relief incoming?BYBIT:BTCUSD CRYPTOCAP:BTC BINANCE:BTCUSDT COINBASE:BTCUSD
BTC Short Update - Is the Dump over!? Are we about to have a relief Rally?
I go through why I took a short trade before the dump and why I stayed in the trade. See one of the reasons for the trade here:
Also look at a possible reversal area and the scenarios that could play out.
Not Financial Advice. DYOR. Papertrade before trading with real money.
Hope you have a profitable trading day!
Shawn
Bitcoin Detailed Top-Down Analysis - Day 53Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
53 out of 500 days done.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
BITCOIN - New Approach To Analysis - The Chart is Talking To Me!As part of this new way of approaching my analysis I have started to think outside the box and go with my instincts.
There was actually some future price action with Bitcoin VS Alt-Coins that I didn't quite get there with.
I thought about it later and realized that I didn't verbalize my initial thoughts but that's ok because I will mention it next time.
It also doesn't matter because there is plenty of time. It is most about how price action of Bitcoin can easily line up with Alt-Coins in the future.
It is all about the ups and downs so as we progress it will become easier using this format because there is no pressure.
These are my thoughts and as I continue to deliver them in this manner I will still provide levels etc but in a more casual way.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser, I suggest using this only as a guide. Always do your own research.
Bitcoin (BTC) • Weekly UpdateHope everyone is having great weekend.
Another weekly update to discuss the 25k resistance and how the books are looking right now.
Next possible targets (or places to make decisions) and some comments on the perpetual swaps trading bellow spot at resistance at the moment.
Overall I am still bullish while momentum is not broken with an eye of what is going on at the current technical resistance levels.
More details found in the video.
Let me know if you have questions or if I should look into some other data or tickers.
Feedback is welcomed.
Best!
BITCOIN - EXTRA BULLISH MAJOR UPDATE 🚀I think this time is ok to FOMO:
US printing money to fight inflation .. take a wild guess what that can do to Bitcoin (🚀🚀🚀🚀).
Technical analysis:
Still in ascending channel. The Top (resistance) is just below 25k. I see 70% chances of breaking over the channel and off to 28k Resistance (our first target as given few weeks ago).
Watch the video and take a look at THIS:
I think it ended up being Perfect.
One Love,
The FXPROFESSOR
May the 50 day moving average shine upon you!Traders,
In this video I discuss all of the normies: Bitcoin, the dollar, the vix, us oil, SNP (spy) and we'll cover some altcoins. Plus, we talk briefly about FTX.us trading stocks, the Solana hack, and I'll show you a few of the indicators I am eyeing up before entering a trade this week.
Stew
A list of altcoins that I am currently eyeing up can be found here :
www.tradingview.com
⚠️VOLATILITY ALERT - -THIS IS GDP TIME NOW -- ⚠️ (⏫?⏫)GDP coming out next.
Recession or No Recession?
For the past several decades, society has been telling itself the same story about economic growth: that it is always good, that it should be fast, and that it is best measured by gross domestic product, or GDP. But what do we miss when we keep our attention on that one little number to tell us how everything is going? In focusing on that number, are we overlooking what it takes to achieve it?
GDP measures the monetary value of goods and services produced in a country. It contemplates things like consumption, government spending, business investments, and net exports. But there’s also a lot it leaves out, such as unpaid work, sales of used goods, and, perhaps most important, general well-being. Generally, countries with stronger and growing economies have higher standards of living. But GDP is only a decent-ish indicator of how things are going for people.
IN OTHER WORDS:
This is time for Fundamentals, time for chart and TA will be after the announcement and initial volatilty.
DYOR and maybe just don't trade...
Allow the Professor to be Bullish and keep Long positions open.
One Love,
the FXPROFESSOR