Dow Jones - There Is A Lot More Upside!Dow Jones ( TVC:DJI ) is just starting the next bullish impulse:
Click chart above to see the detailed analysis👆🏻
The Dow Jones is anything but bearish and over the past couple of months, value stocks in general have actually been outperforming growth stocks significantly. I do expect all time highs on basically all major indices and the Dow Jones might even head for the $50.000 mark next.
Levels to watch: $50.000, $35.000
Keep your long term vision,
Philip (BasicTrading)
Bullmarkets
BTC - Explanation of Potential 35,000 / 10,000 Drop & SummaryIn this video I detail out why I believe we will see a significant crash on Bitcoin, dig into the mechanics of how a drop to $10,000 is possible, talk about the US Dollar and macro ideas for Bitcoin, and summarize my trading ideas and why I am anticipating its a good trading opportunity.
Any questions or comments, please feel free to ask or leave your own input.
This is never about ego or being right over anyone else - we are in this together and all have the same goals.
XRP - 500x Your MoneyHello Traders, welcome to today's analysis of XRP.
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Explanation of my video analysis:
In 2017 XRP created a massive triangle breakout which was followed by a +50.000% rally towards the upside. This rally then ended in 2018 and XRP has been trading sideways ever since. However there is once again a triangle formation and XRP is about to break out, which could then lead to a similar rally compared to the breakout rally we saw back in 2017.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
Dow Jones -> Fighting The Little Brother NasdaqHello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of DowJones 💪
With the recent retest of a previous monthly resistance level, now turned support, and in confluence with a retest of the 0.382 fibonacci level the Dow Jones started a new bullrun which will certainly continue going into 2024.
On the weekly timeframe the Dow Jones just broke above a major previous weekly bearish trendline and since then created a solid +5% rally and with the recent bullish momentum I simply do expect the creation of a new all time high soon.
I have also been bullish on the daily timeframe on the Dow Jones for quite some time and so far everything payed off nicely - I am still waiting for a drop though to then scale into more buys on the Dow Jones to perfectly ride the next bullish wave.
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint 📈
Thank you for watching and I will see you tomorrow!
My previous analysis of this asset:
The FOMO Funnel! 🌪 Forecast Model Churns Out Another Pattern!In times of extreme FOMO the Bitcoin Market can be an emotionally challenging place. The Crypto Weather Channel's Forecast Model (The Jet stream) spins out yet another price pattern in the Bitcoin chart to help us navigate these times. Also, a few additional price targets will be established as we approach this moment. No one but The Crypto Weather Channel is planning this far ahead in the future! Thanks for watching.
Nasdaq -> What A Short SqueezeHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that over the past couple of weeks, the Nasdaq had an insane rally towards the upside of roughly 25% and is now approaching weekly resistance.
Considering the fact that the overall trend is still very bullish I just do expect a short term rejection away from the $14.800 resistance area and then I definitely do expect the continuation of the bullrun.
On the daily timeframe you can see that market structure is still very bullish, there is still no sign of the Nasdaq slowing down yet, so there could be the possibility that we will see more continuation towards the upside to then retest the next major previous daily resistance at the $15.200 level before we will then see a short term drop.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
What does a bear market look like?“A bear market starts with greed, followed by confusion, sells on fear and ends with hopelessness” - By me!
'Bull markets are born on pessimism, grown on skepticism, mature on optimism, and die on euphoria." - John Templeton
Apply this bear to bull transition with good market sense because some of the bears went into hibernation, not able to wake up at all, for example the recent collapsed of some banks.
Able to recognize at what stage the market is… at any particular point helps me to determine whether to take on the market with some risks or not at all.
Reference of Bitcoin Trading:
CME Bitcoin Futures
Minimum fluctuation
$5.00 per bitcoin = $25.00
BTIC: $1.00 per bitcoin = $5.00
CME Micro Bitcoin Futures
Minimum fluctuation
$5.00 per bitcoin = $0.50
BTIC: $1.00 per bitcoin = $0.10
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
Nasdaq -> Not Slowing DownHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Nas100 just recently perfectly broke above and already retested a quite obvious weekly structure area exactly at the $12,000 area.
You can also see that within this break and retest Nas100 also created and confirmed a weekly double bottom, we also broke above a weekly bearish trendline and we are also now having bullish moving averages so from a weekly perspective I just do expect more continuation towards the upside.
On the daily timeframe you can see that Nas100 is over and over again retesting the resistance which we have exactly at $12,700, so I am now just waiting for a clear break above the zone and a retest before I do expect the next rally towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Nasdaq -> Time To Start The RallyHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Nas100 is looking insanely bullish. We just recently created a weekly double bottom and already broke above the neckline, confirming this whole pattern.
You can also see that we are already starting the continuation towards the upside, in my opinion there is a quite high chance that we already saw the bottom of the bear market so from here I just do expect more continuation towards the upside.
On the daily timeframe you can see that Nas100 just recently also created a daily double bottom so I am now just waiting for a retest of the neckline and then also the next push on the daily timeframe.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
BTC SMASHED THE MAJOR BEAR WALL!!! Bull market now possible!I have been waiting for this day for 10 long months.. The bear wall has been broken.. and as a bonus, it's my birthday! The video goes over what I have been tracking and it goes over the break that could FINALLY CHANGE OUR MARKET CYCLE FROM BEAR TO BULL. Seriously exciting. Cheers
$UNH HERE WE GO 🚀🔸️Ticker Symbol: $UNH 🔸️Timeframe: 4H 🔸️4X Bull Pattern 🔸️Investment Strategy: Long
TECHNICAL ANALYSIS: $UNH is currently breaking a strong resistance level in the market at $548.58. I do believe if we can continue in this 4X bull pattern we could potentially see $560 next week on $UNH. Let me know what your investment strategy is.
4X 🟢 Bull Pattern Confirmation Requirements
✅️ Linear Regression Indicator Increasing
✅️ Money Momentum Shifting Higher
✅️ Green Dot: Key EMA Crossover to Upside
✅️ Green Middle Band: Bull Market Momentum
4X 🔴 Bear Pattern Confirmation Requirements
🔻 Linear Regression Indicator Declining
🔻 Money Momentum Shifting Lower
🔻 Red Dot: Key EMA Crossover To Downside
🔻 Red Middle Band: Bear Market Momentum
🔔 Follow for daily stock, crypto and forex technical analysis.
⚠️ Trading is risky, and I understand nothing is guaranteed. Proper risk management should be in place at all times to minimize losses. Please consult a financial advisor before trading. Trendsi Trades LLC is not a financial advisor and may not be held liable for any losses which may occur.
SPX500Decision time soon, are we in a 1,2 1,2 EW wave pattern that is bullish leading to 5,130-5,200 wave 3 target?
Or do we loose critical support now and start the bear market, nuke to 3,200.
I discuss in my analysis why I'm leaning towards option 1 where we hit W3 soon to 5130.
Whats your opinion? Comment below.. Thanks and BigMike loves you.
Market Update - BULLISH! - And how I trade levels in a downtrendIn this video:
* A quick review of the current market sentiment
* I am bullish!
* Everything is moving as expected
* I review and instruct on a more advanced trading technique/strategy - How to trade levels in a correcting or bearish market?
* You can make gainz by going long in a bear trend!
Happy New Year Traders!
General Bitcoin Prediction Over The Next Two YearsHere I go over my Bitcoin chart which has an emphasis on long-term trading trends. I briefly explain the chart, indicators shown, and explain how Bitcoin is at the start of a new market cycle. Next, I give a very general analysis for the next two years for bitcoin. I explain how $13,700 is a critical point that we need to get above and hold. Furthermore, I mention Bitcoin could see upwards of $30,000 in the next two years, but it will be volatile. Finally, I want to mention, this is a very, very general analysis. I believe Bitcoin will go as high as $16,000 in the coming months and if we get above the $20,000 mark by the end of the year, I think the new bottom would be $10,500 - $13,300.