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Bottom

KDAUSDT is creating a rounded bottomThe price created a rounded bottom on the daily timeframe and now the market is testing the daily resistance on 2.1-2.2$ area How to approach it? the price needs to create a clear breakout from the resistance area and retest it as new support, so According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
2
BTCUSD floor at $15,000I arrived to a conclusion of 13k BTC based on interest rate changes back at the top - didn't short BTC because I didn't believe it was possible. Well here we are at a low of 17.5k so egg on my face. Here I show the 3x 4year cycles which are very well mapped on the MFI. Red, green, yellow (current). Based on this the yellow cycle still has yet to put its foot on the top of the previous green cycle. See the orange circles on the MFI. This means that BTCUSD MFI on the monthly needs to hit that prior top-solid-green bar to have reached a bottom based on the cycles. It will hit soon enough because the next cycle begins at the top-yellow-solid bar which is about 2024. Now get this - those bars are all PARALLEL. Perfectly. I simply drew the first one (from the first high MFI in 2012 to the next high MFI 2012) and that line, perfectly copies to EVERY NEXT HIGH and low (top and bottom of the MFI trend). How quirky is that? HUH? Think about it. $15k BTCUSD that's my call. I'm already starting to leverage into this bottom. EDIT - The latest downtrend is also in a bear flattener (Bond terminology). Only the last month has been a slight bull steepener (not a lot of runway as long as short-end rates stay higher or rising). EDIT - the $15K comes from the Fibonacci sequence. BTCUSD has previously dipped under that .786 level every time before. So chances are it should do it at least once more. Maybe after some terrible inflation prints? Who knows. Again I'm already building a long position through RIOT (my preferred miner). I'm not a Crytpo purist.
BITSTAMP:BTCUSDLong
by DarthTrader1357
MASSIVE BOTTOM in the SP500?I was not looking for a bottom in the SP500, but for Relative Strength in Gold with the relative Strength line from Trader Lion´s Indicator, on the weekly timeframe. Yet I noticed that the last peak in Relative Strength in Gold was on march 16th 2020. This made me curious so I went back and looked at all RS Peaks from 2008 till now, and they all coincided with bottoms in the SP500 to the very day. Some of those bottoms were absolutely massive buying opportunities: 2/3/09, 6/28/10, 2/1/16, 3/16/20, I also counted the peak on 12/17/18, despite a missing peak signal. Two Peak Signals were wrong or early, for example we had a signal on 3/9/20 (7 days before the real signal and real bottom), and one signal on June 6th 2022, so 7 days before the signal we got right now, on 6/13/22. I also want to point out, that on every other occation, we didnt have massive inflation and a tightening into worsening economic conditions. So I wanted to see more confirmation, for that purpose I´ve used the McClellan Summation Index, and the McClellan Oscillator. The MO shows a nice bullish divergence, and the MSI shows an abysmall market breadth, often coinciding with bottoms in the market. Do with this information, whatever your confirmation bias makes you want to do, but stay safe and manage risk! This is not financial advice and I am more often wrong than right. Pesonally, I will buy some Calls and reduce my short positions.
TVC:GOLDLong
by Cyranus
Ethereum Might Have Bottomed; Elliott Wave AnalysisHello Crypto traders, today we will talk about Ethereum, its price action from technical point of view and wave structure from Elliott wave perspective. Crypto market is actually still at the lows, but Ethereum is one of the strongest cryptocurrencies for the last couple of weeks. It can be actually already turning bullish after it reached projected strong support zone with equal wavelength A=C. So, we believe it's quiet leading indicator, which suggests that Crypto market may have found the bottom. From Elliott wave perspective ETHUSD made nice and clean A-B-C corrective decline from all-time highs, called Elliott wave zig-zag correction. But, to confirm low in place and bulls back in the game, we need to see a five-wave recovery back above 2150 level. From technical point of view ETHUSD found the support exactly at the support line of a corrective channel, however, bulls can be considered only if we get bigger rally back above channel resistance line. All that being said, we think that Ethereum may have a completed correction from the all-time highs and we expect more upside while the price is above 880 lows, just be aware of short-term pullbacks. All the best! If you like what we do, then please like and share our idea! Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
BITSTAMP:ETHUSDLong
by ew-forecast
Big Head and Shoulder Pattern 10 yearHey all just showing the ten year is looking like it will fall in anticipation of the fed relaxing its polices as we are in recessions and the labor market might weaken with the layoff announced by the big boys (tesla, Apple, google etc.) the distance of the head to neck bring the target to 2% which is less then current interest rates so I don't know if it will go that far with out something breaking in the economy first to cause this sudden shift in fed policy. Although Bull will put this in there case of the bottom is in history does not favor that philosophy. If you actually do research at the old peaks in the 10yr yield you will see markets usually collapse with the yield. Examples are 1999-2000 as the tech crash started, 2007-2008 as the GFC started and even in 2018 yields started to fall and the market bottomed after another +10% fall so watch out dont get FOMO in current rallies. Like and Follow for more Trade ideas and Financial education.
TVC:US10YShort
by jackwheeler
BTC/USDHi all, Is is the bottom in? Most probable yes, at least for a bear market run. Almost 40% up since the bottom. If macro economy doesn't improve and we are going to stagflation as FED is playing with interest rates, BTC and Stock market will not perform so well. If BTC will break down again then will be a major alarm signal that it will be harder and harder to fully recover. Until the halving in 2024 we have planty of time but it will be a harder bear market especially because is first recession for BTC. I believe the technology behind is unique and the value of BTC will perform very well 5-10 years from now for sure. DCA constantly and with a proper risk management. A lot of patience and the portofolio will perform a lot in the following years. Buy the fear sell the greed. What do you think about BTC price?
INDEX:BTCUSD
by cryptoforevery1
Sorting ETC Now Ethereum Classic has no business at it's current price as profits are taken it is going to dump massively. This is my plan. Risk to reward is incredible on this opportunity. Let's send it where it belongs. Shorting Ethereum Classic seems like the logical thing to do. I am not using leverage but if you do don't go over 3x unless you know exactly what you are doing. I might add leverage to the position later to pull some capital out of the trade but that would be the only reason I used leverage on it. I am risking 3.3% of my account on this trade. 0 Leverage to start. Best of luck and hope someone is able to make something off this. I know there are many hurting right now and the only reason I am sharing some of my trades. Not Financial Advice but this is: Never Risk more then you can afford to lose and never risk more then 3-5% of your capital on any one trade. That is with no leverage. Technically that isn't financial advice either just good capital preservation.
Short
by Z3R0-G3N3S1S
6
BTCUSD weekly (26/07/2022): In this logarithmic scale analysis of the BTC/USD pair in BITSMAP, where the trajectory of these fluctuations since their incorporation together with the blockchain in the market is found, we are going to analyze possible key trend changes previously as well as the high probability of having reached a theoretical absolute background. Mainly we understand on a macro or weekly scale in bitcoin certain bearish patterns of change in trend, we have two similarities in the funds generated in previous cycles and transferred to the current one. In addition, we understand the importance of a Wyckoff change pattern as well as its phases that will be explained in later analyses. We must pay attention to the minimum areas of the RSI around 25 points. The break of the moving average of 200 periods consolidating under it a brief temporary interval. And finally the gauge cluster pressure zones in the Phoenix Ascending indicated in red. All this warns us of wonderful long-term Bitcoin buy zones and for Holdeo, with a well-measured key strategy. Geopolitical uncertainty has yet to give traditional markets great fear scares due to the non-existent supply of cheap gas and the inefficient and insufficient production of electrical energy by Europe. For winter, major energy crises will be approaching, reflected in the S&P and the NASDAQ as well as the large global markets. From this humble channel we recommend mainly Europeans or, as in my case, Spaniards, to opt for self-sufficiency in renewable energies, solar or mini-wind self-consumption. As well as using good analysis to support the prosperous and future growth of certain sectors such as blockchain, energy, minerals or digital tools. In this logarithmic scale analysis of the BTC/USD pair in BITSMAP, where the trajectory of these fluctuations since their incorporation together with the blockchain in the market is found, we are going to analyze possible key trend changes previously as well as the high probability of having reached a theoretical absolute background. Mainly we understand on a macro or weekly scale in bitcoin certain bearish patterns of change in trend, we have two similarities in the funds generated in previous cycles and transferred to the current one. In addition, we understand the importance of a Wyckoff change pattern as well as its phases that will be explained in later analyses. We must pay attention to the minimum areas of the RSI around 25 points. The break of the moving average of 200 periods consolidating under it a brief temporary interval. And finally the gauge cluster pressure zones in the Phoenix Ascending indicated in red. All this warns us of wonderful long-term Bitcoin buy zones and for Holdeo, with a well-measured key strategy. Geopolitical uncertainty has yet to give traditional markets great fear scares due to the non-existent supply of cheap gas and the inefficient and insufficient production of electrical energy by Europe. For winter, major energy crises will be approaching, reflected in the S&P and the NASDAQ as well as the large global markets. From this humble channel we recommend mainly Europeans or, as in my case, Spaniards, to opt for self-sufficiency in renewable energies, solar or mini-wind self-consumption. As well as using good analysis to support the prosperous and future growth of certain sectors such as blockchain, energy, minerals or digital tools. A pleasure as always to share my knowledge through this small channel and I hope you enjoy a wonderful week. ----------------------------------------------- : En este análisis en escala logarítmica del par BTC/USD en BITSMAP, donde se halla el recorrido de dichas fluctuaciones desde su incorporación junto a la blockchain en el mercado, vamos a analizar posibles cambios tendenciales clave anteriormente así como la probabilidad alta de haber alcanzado un fondo absoluto teórico. Principalmente comprendemos a escala macro o semanal en bitcoin ciertos patrones bajistas de cambio de tendencia, tenemos dos similitudes en los fondos generados en los anteriores ciclos y trasladados al actual. Además comprendemos la importancia de un patrón de cambio Wyckoff así como sus fases que se explicarán en posteriores análisis. Debemos prestar atención a las zonas mínimas del RSI entorno a los 25 puntos. La rotura de la media móvil de 200 periodos consolidando bajo esta un breve intervalo temporal. Y finalmente las zonas de presión del conjunto de indicadores en el Phoenix Ascending indicadas en rojo. Todo esto nos advierte de zonas maravillosas de compra de Bitcoin a largo plazo y para Holdeo, con una estrategia clave bien medida. La incertidumbre geopolítica aún tiene que dar grandes sustos de miedo a los mercados tradicionales por el suministro inexistente de gas barato y la producción ineficiente e insuficiente de energía eléctrica por parte de Europa. Para invierno se acercarán crisis energéticas grandes reflejadas en el S&P y la NASDAQ asi como los grandes mercados globales. Desde este humilde canal les recomendamos principalmente a europeos o como en mi caso Españoles optar por la autosuficiencia de energías renovables, autoconsumo solar o miniéolicas. Así como utilizar buenos análisis para fundamentar el prospero y futuro crecimiento de ciertos sectores como blockchain, energías, minerales o herramientas digitales. Un placer como siempre compartir mi conocimiento por este pequeño canal y espero que disfrutéis de una maravillosa semana.
BITSTAMP:BTCUSDLong
by AVNGL01
BCHUSDT is creating a rounded bottomThe price is creating a rounded bottom below the weekly resistance at 133$. Now the market is creating a bullflag below it and the price is getting new liquidity from the 0.382 Fibonacci level. How to approach it? IF the price is going to have a breakout from the daily and weekly resistance and retest as new support, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
8
BTC ! Am I right about BTC bottomI'm looking at monthly timeframe. As I told you earlier BTC has already bottomed based on history data. I'm very confident about it and this analysis proves my previous posts which shows BTC bottomed at 17.5K on 18.06.2022. You can find my other analyses about BTC bottom bellow this one. So in every bear market bottom these 3 things happens simultaneously, only 3 times in the whole history)) If you like my analyses don't forget to like a follow.
BITSTAMP:BTCUSDLong
by ergal91
7