GBPUSD Top Down Analysis For Next WeekIn this video, you will understand how I look at the GBPUSD, starting from the Weekly chart and moving down to the Hourly.
Trading must be flexible when you do your charting analysis and always try to understand what information the market gives.
When it is time to execute your strategy, you must be black and white. If the rules are met, we enter and then manage the trade.
Don't mix the art of charting with the discipline of executing your strategy.
Happy Trading, and please comment below with your thoughts and opinions about this currency pair.
BTC-M
Mean Reversion trades on AAVE Mean Reversion is the simple strategy of price moving 'too' far away from its averages and potentially requiring a reversion before either continuation or ideally total reversal
Aave has been offering some beautiful mean reversion entries for us recently even to the point of essentially two sigma. Both the buyzone meanmove right to the sellzone meanmove. That is not usually the case to capture both in consecutive order but of course happy to see it happening to aave and a few others we are routing.
The strategy is based more so around the reversion to mean(s) rather than the total reversal
Is nice when able to capture the total reversal one peak to the next but the strategy is focused primarily on alerting once candle is 'too' far away from mean and then riding it to touching mean (even if just for a moment). These are usually short held positions rather than multi day long swing trades.
Good to focus on largecap even more so largecap 'monopolies'
Increasing interest in the monopolies in the crypto space as everything has taken a hit due to liquidity consolidating into either US yields or US dollar or even within the crypto space consolidating into ethereum away from nameless countless junk tokens.
These alerts are currently set up for just largecap as the volatility in smallcap can create a ton of risk to this strategy as volume is needed as confirmation of previous prices to revert to. I do also think monopolies will lead + be safer in macro retraces in bull market or macro reversion to mean even if just to tap 9ema on weekly before continuing bull moves.
BTC- Bitcoin Price ForecastCOINBASE:BTCUSD
Where is bitcoin price going next?
What is bitcoin likely to do next?
These and many more questions were answered in the video.
Watch and you will enjoy it.
Do not forget to drop a comment to share your view, give it a like, and also share this video link with your friends.
Top 5 Bullish Bitcoin Technical Indicators Right Now!Traders,
Here are the top 5 bullish technical indicators I am seeing right now on the Bitcoin daily chart:
00:23 - 1. Our 25,300 Neckline has held once again!
01:30 - 2. 26,300-26,500 Price has absorbed with accumulation
02:45 - 3. RSI Hidden Bullish Divergence
03:50 - 4. Break/Retest of Descending TL & 50-day ma AoC
04:48 - 5. Bull Flag on the Daily
Best,
Stew
XRP still under 3d average as DXY continues breakout apologies again for sound issues at beginning
We can see clearly the inverse relationship between DXY and XRP
If DXY fails this breakout continuation and instead reverses (failed moves can fail fast).. then XRP can explode up from this 3d 200 average. However, as data is currently showing, there is a lot of downwards pressure being put on XRP and crypto coming into end of September
October has historically been a weak month
Its no surprise that downward pressure is the data showing coming into end of September. It is not uncommon tho for relief to be found in October start of last quarter before start of a new year.
Keep an eye on DXY and US Yields for sign of reversal in order to gain confidence in crypto
If US yields continue to rise then it will mount pressure on other weaker currencies and likely lead to a continuation in price of USD. As weve seen that price increase in USD will likely result in devaluation of crypto assets. Must keep an eye on new data as it comes out to be up to date with outlook.
BTC Bitcoin Technical Analysis and Trade IdeaIn this video, we observe that Bitcoin has exhibited a bearish sentiment in recent times, as evidenced by the formation of lower lows and lower highs on the 4-hour chart. Presently, BTC is undergoing a retracement, approaching levels of previous resistance. Within the video, we delve into a prospective trading opportunity, taking into account essential factors such as prevailing market trends, price action and market structure.
It's crucial to emphasize that the video provides an analysis of these elements. However, it is essential to note that the content should not be interpreted as financial advice. Trading inherently involves substantial risks, and it is imperative to exercise prudent risk management strategies
SHIB hugging resistance can EXPLODEApologies for the lack of sound first 8seconds of this video
SHIB hugging the 100ma here on the hourly can be a cooker pressure on price
If price can break and hold above that average there can be volatility away from it as a breakout. Our START v3.5 tool helps manage trading that breakout in terms of exit managing potential losses to give clarity for yourself.
DXY is on the edge tho
If DXY does breakout of its own range then it can foil any altcoin setup you may be looking at. Not a holy golden rule but a lot of evidence to show an inverse relationship between DXY and crypto market. So a true breakout by DXY here stands to reason that similar result can occur (bar exceptions).
DXY can fail
If DXY fails this breakout then its game on a little longer for this move both in bitcoin crypto and the overall traditional markets.
Keep an eye out for changing data.
BRIEFING Week #39 : Something is Brewing, be Cautious !Here's your weekly update ! Brought to you each weekend with years of track-record history..
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Phil
XRP with NO space on 3d average ! Big moving incoming !!Space is a important concept to understand as can be played in numerous ways from different angles
At the moment theres no space on XRP 3d chart between the 9ema and 200ema. Or relatively little. I think of this like the theoretical big bang. Once something is too condense then expect an explosion at some point where asset price volatility expands out.
Not just lack of space that is playable
When too much space is created this too is an opportunity. With other considerations in mind (nothing holy.. look for confluence).. too much space shows that price has expanded or extended away from average(s). This is playable (when other conditions are met) in the sense of looking for a mean reversion. Price reverting towards its mean or average(s).
Again this is not holy and old averages can be left behind without any reversion but this is uncommon. These are the exceptional paradigm shifts into essentially price discovery mode.
First retrace into extended space is likely to have a nice reaction
First retrace (into 200) after an extended move can lead to a beautiful bounce or even continuation of space extending. We are in process of building a tool for this too!
Make sure to keep an eye out for current data and correspond that to relevant other assets to get a nice insight into which way to be looking.
Crypto - Key Breakout LevelSorry about the mic fuzz at the beginning.
Leave your questions & thoughts in the comments.
To sum up:
Bulls to regain control until the start-mid November at 30k levels
Bears to very quickly take over at those levels
This aligns with analysts' timing predictions of a heavy recession start.
Considering DXY likely not being stationary, 30k is a rough estimation
This aligns with analysts' timing predictions of a heavy recession start in end of 2023 or early 2024.
BTC - Detailed Video Analysis 📹 From Weekly To H1Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for #BTC.
Which scenario do you think is more likely to happen? and Why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Big Technical Alert on Uniswap (UNI)These technical data points can be extremely powerful
Its not a holy alert and can change in time too as the current monthly candle has not yet closed. That said the current data offers an interesting bit of potential and very worthy of getting a technical alert on.
When price is able to recover and reverse then the follow thru can be fast
Failed moves fail fast. This can be seen time and time again. Of course it too isnt holy but is a very powerful bit of technical data to look out for. As price recovers and the trend swings then people seem like they want to rush in and catch the changing tide.
Is this happening right now with UNI?
I cannot be sure Im still searching for that damn crystal ball. We interested understand that there can be a big move incoming and keeping an eye out for interesting opportunities that offer low risk can be part of the why were interested.
Keep an eye on how it develops
Could be a different set of circumstances tomorrow.. be like water to the changes in the flow (of data)
BTC Bitcoin Technical Analysis and Trade IdeaBitcoin BTC recently embarked on a robust bullish surge over the past week, although it subsequently exhibited a loss of momentum, leading to a period of sideways trading. This pattern was followed by an abrupt upward spike that breached the existing trading range, only to subsequently retrace back to previous levels. The pivotal question at hand revolves around whether this spike will maintain bullish momentum.
In our video, we delve into various perspectives on this market development, engaging in a comprehensive analysis and discussing a potential trade opportunity. It is crucial to emphasize that the content presented is intended exclusively for educational purposes and should not be misconstrued as financial advice.
BRIEFING Week #38 : ECB done, FED incoming !Here's your weekly update ! Brought to you each weekend with years of track-record history..
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That's the best way to support me and help pushing this content to other users.
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Phil
Look Beyond BTC : Counters get you REKTHi Traders, Investors and Speculators of Charts📈📉
The markets are trading in the red and it can be hard to spot good trading opportunities during bloodbaths. Trading Bitcoin NOW can be tempting, especially when prices are actively moving. However, acting on impulse without a plan leads to reckless gambling more often than not. Savvy traders wait patiently for ideal opportunities with defined risk-reward ratios.
Rather than reactively jumping into trades, experienced traders proactively plan out trades and target entries. This means identifying key price levels in advance where the risk-reward ratio is favorable. For example, if your analysis shows a strong support level for Bitcoin at $23,000, you would wait to buy until that price is reached rather than FOMO shorting at $25,000. Executing trades according to a plan have higher success rates than jumping-the-moving-train trades.
Look Beyond Bitcoin.
BTC grabs attention when it moves, but plenty of other assets offer worthwhile trading opportunities. Expand your watchlist across stocks, forex, commodities, indexes, and more. Evaluate which markets are exhibiting solid technical setups or fundamental catalysts right now. Don't feel pressured to trade BTC just because it's moving. Sometimes the best trade is no trade if conditions aren't ideal.
By targeting defined entry levels, expanding your watchlist, and waiting patiently for prime risk-reward setups, you take the gamble out of trading. Plan your next trade systematically instead of trading impulsively on emotion. This approach leads to consistent profitability over the long-term.
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CryptoCheck
Is BTC about to flip 200ma on the daily?BTC is coming into the 200d moving average
This can be exceptionally powerful and is almost the standard in terms of technicals. Whilst above Bitcoin could be said to be in a bull trend and while below could be said btc is in a bear trend.
If it gets above does that mean bear market is over?
No. Its not holy or gospel just very important. Even if it does successfully reclaim above 200ma of course that doesnt mean it cant fall below again. Have to keep an eye on it but whilst near the range does provide a lower risk entry/exit point. It also can be a guiding light for other positions within crypto.
The true gains from it will be found elsewhere
If BTC does revert above the 200 day moving average then there will be greater gains from lower cap following the guiding light that is bitcoin. Many will likely have reverted further from their mean and as such have potential upside greater whilst still being able to use bitcoin as 'true north' to help guide maintaining the position.