Bullrun
Brent OIL in USD until April 2024 + some projections into 2025 Weekly timeframe suggests that BRENT is in its second half accumulation area, which will last until April 2024. Inside the accumulation area OIL will in the range of USD 79-96, bottoming in the mid of December 2023 and topping in the end of February 2024. The last bottom of accumulation phase will happen in the mid of April at the level of around USD 90, but no lower than USD 87.
End of April will mark a major breakout from the accumulation phase starting a new sequence of higher highs, the first is expected around the level of USD 98. Followed by a quick retest of USD 93-96 range ending in the beginning of July 2024.
The long awaited OIL bullrun is likely to start in July 2024 and last until mid September 2025 reaching USD 213 level.
RED TOKEN BULLISH IN THE NEXT BULLRUNRed looks so 🔥 so bullish is just manner of time, this token lost 90.40 % since mid April, and many indicators sound bullish 💯 and can make 100X easily in the next bullrun, however it should start making 100X with at the beginning of the bullrun because it lost a lot just recently within short amount of time ⏲️
💥Not a financial advice.
NIFTY Market CAP trend forecast until JULY 2024 Current bear market will continue until the end of February 2024.
During 2023 possible growth of NIFTY will occur starting mid of November until December in the range between 9327-9650. In December NIFTY will start falling from the area of 9650 down to 8800 (possible extreme bottom of 8653) in the beginning of January 2024. January-February 2024 is the perfect time to buy NIFTY Stocks.
End of February 2024 will mark major bullrun in NIFTY until the end of July 2024 in the range of 9327-10609.
Possible sideways-upside movement might occur between May and July 2024.
Not quite there yet...Howdy fellas!
Figured I'd come back and update from the last time I put this chart out there.
I am not playing the bear game here, but if history repeats itself, we still got that big dump before bull run begins.
You might wanna take some profits at the end of this run, as this supposed dump happens in about 9 weeks. Once it starts in drops quick and the move down should be done in 3 weeks.
I can always be wrong friends, so do not run your trades based on my words.
Trade thirsty!
the 10k or 30k bitcoin debatehow both sides see it.
we are currently sandwiched in a range of historical resistance/support flips - the initial 10k resistance flipped support for the bullrun, and the level that held price to ATH now flipped resistance.
bears are aiming for a retest of this area near 10k
bulls are aiming for a retest of the area near 30k
...both are probable
thus far we are unable to break the .75 of the range to 30k with 2 decent rejections.
as the .25 was front ran there is a likely chance we swoop the 15k level.
losing the .25 would most likely open the doors to 10k for a retest of the demand zone that confirmed the covid bullrun
likewise holding the .5 here with the obvious ih&s pattern could see the .75 claimed with the 30k target activated.
23/10/23 Weekly outlookLast weeks high: $30629.8
Last weeks low: $28832.6
Midpoint: $27035.3
Bitcoin finished the week with a massive 11.1% increase and a weekly high of 13.28% greater than weekly open.
The way in which BTC had that huge initial gain at the beginning of the week was due to Cointelegraph issuing a false report that the Blackrock ETF had been approved when in in fact it's still under consideration with the decision deadline in March '24.
This false news created a large wick, and the majority of the time wicks get filled, in this case price slowly and consistently filled the wick over the remainder of the week.
We are now looking at a possible SFP of this local high given at 30600 from that early week wick. Price has broken out above and is now back under. For this mini rally to sustain itself price can not be accepted under the red trendline in my opinion. Maintaining bullish price structure going into the heavy resistance area of 32k is key if this rally is to continue. I still think there is one last crash just to truly crush the impatient and for smart money to load up for the bullrun ahead which is almost in site now.
Daily pinbar candle. Fundamental still bullish?!Hi guys. Last week was again a week full off strong bullish momentum. Even the big resistance levels couldn't stop the massive bullrun. The market is overal more moving on fundamentals then technicals. The war going on is making the precious metal in big demand.
I adviced traders to be carefull with selling the market. Intraday/swingtraders having a hard time shorting the market atm.
If we look at the friday daily closing. We can see a big pinbar. 1983-1985 is big resistance level. It broke in lower timeframe(up to 1997)but created a fakeout in higher timeframe. We tried buying gold after the break and retest. But H4 did not mange to close above the resistance zone. THe pinbar candle indicates a posible stop to the bullrun. But keep in mind the market is mostly running on fundamentals. So in my opinion gold will fall from the resistance level towards posible 1972, 1953 or as low as 1930 before the bull run starts again.
Gold is also moving between a channel. So it is posible for gold to follow the channel upwards.
Resistance: 1985, 2009, 2025, 2065
Support: 1972, 1953,1930
Triangle Accumulations: The Key to Bitcoin's BullRun?📈 Hey Crypto Enthusiasts,
As we explore the fascinating history of the crypto market, we can't help but notice the recurring patterns that have paved the way for significant bull runs. In 2012, 2013, 2016, and 2019, we observed massive triangle accumulations just before explosive price surges. The question on everyone's mind is whether we'll see a similar pattern before the next bull run. 📊🚀
A History of Accumulation:
In the years mentioned, the crypto market exhibited intriguing behavior. Price action formed substantial triangle accumulation patterns. These consolidations often hinted at a market preparing for a major upward move. 📈🌕
Patterns of the Past:
The symmetry and persistence of these triangular formations, each preceding a significant bull run, have caught the attention of seasoned traders and crypto enthusiasts. 🧐
Will History Repeat Itself?
While history doesn't always replicate, these patterns serve as compelling indicators for what might lie ahead. The crypto market remains unpredictable, but past patterns can offer valuable insights. 🌐🔍
Trading Strategy:
Pattern Recognition: Keep an eye out for similar accumulation patterns in the crypto market. While not foolproof, they can provide hints about future price movements.
Fundamental Analysis: Stay informed about developments, adoption, and news in the crypto space, as these can influence market sentiment.
Patience and Caution: Be patient and cautious with your trading decisions. Utilize risk management techniques like stop-loss orders to protect your investments.
Conclusion:
The crypto market is an ever-evolving landscape, and historical patterns can serve as guides but not guarantees. While the past indicates the potential for triangle accumulations before significant bull runs, it's essential to approach the market with a balanced perspective and a well-informed strategy.
The next bull run may or may not follow the same script, but being prepared and vigilant is your best strategy in the world of cryptocurrencies.
❗️Get my 3 crypto trading indicators for FREE❗️ Link below🔑
Beware of FOMO: Bitcoin's Rollercoaster Ride & Bullish ProspectsToday, Bitcoin experienced a sudden pump, driven by fake news published by Cointelegraph, only to return to its normal price range, surpassing the 30k barrier in the process. 🚀 This led to a frenzy of FOMO-driven buying and, unfortunately, resulted in approximately $100 million in liquidation losses within just an hour. 😬
This serves as a valuable lesson for everyone—never succumb to FOMO and always remember to 'trust but verify.' 🕵️♂️
Despite the price returning to its usual range, the overall market sentiment remains decidedly bullish. 🐂 The eagerly anticipated ETF confirmation is poised to further fuel Bitcoin's upward trajectory, marking the missing piece for the 2023-24 bull run. 📈
I anticipate this month will conclude with a significant positive price increase, possibly even surpassing the 30k mark. 📅
Regardless of the ETF's approval status, a crypto bull run is on the horizon. If the ETF faces rejection, we may witness a minor price correction, but it won't derail the bull run. 📉
Stay tuned for more updates. Feel free to like, comment, and follow us! 📣
Cheers, 🥂
GreenCrypto
BTC: BIG PICTURE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this important BTC update.
BTC is ranging between FWB:25K -$30k for more than 200 days and currently, it is trading around $26.7k level.
Now, one of the biggest questions in everyone's mind is where we are heading after these 2 years
of the bear market. I'll try to explain in this post.
BTC made a low of $15.5k last year in Nov. month and Imo we won't see that level again. As you know halving is after 6 months and before that, we might see a drop up to FWB:23K -$24k (as you see in the chart).
Perma Bears wants a new low or big crash before the halving and Perma Bulls wants a continuous pump from here but IMO market maker disappoint both of them.
I'm betting on a move towards $ 23.5k-$ 24.5k zone and then a move upwards (for a new uptrend).
Mind it that a wick can even go below $23.5k however weekly candle close will likely happen within this zone itself.
What do you think about this? Share your thoughts in the comment section.
Hope this chart helps you to take better trade decisions.
Thank You!
Bullrun📈 : Gaussian Channels + HalvingGaussian Channels: Defining Price Ranges
Gaussian Channels, a technical analysis tool, provide traders with a visual representation of price movement within specific boundaries.
These channels help us understand Bitcoin's typical price oscillations and set the stage for potential breakout points.
The Halving Effect: Supply Reduction and Bullish Sentiment
Bitcoin halving events occur approximately every four years, reducing the rewards for miners by half.
Halving results in a decrease in the rate at which new Bitcoin is created, promoting scarcity and potentially driving up its value.
Historically, each halving has been followed by a bullish market, indicating the correlation between these events and price surges.
Breaking Bearish Structures: Shifting Market Sentiment
Observing the recent break of bearish patterns is a positive sign.
When a market transitions from bearish to neutral or bullish, it opens up new opportunities for traders and investors.
Combined Signals: Predicting the Next Bull Run
The combined signals from Gaussian Channels, Bitcoin's halving history, and a shift in bearish structures suggest that the next bull run might be approaching.
Traders and investors can use these indicators to make informed decisions, prepare for potential volatility, and position themselves strategically in the market.
Risk Management: A Crucial Aspect
As always, risk management remains a vital component of trading and investing.
The crypto market is known for its unpredictability, so it's essential to have a well-thought-out strategy and use appropriate risk mitigation techniques.
Conclusion: Navigating Bitcoin's Journey
The confluence of Gaussian Channels, Bitcoin's halving cycle, and the shift in bearish patterns paints an intriguing picture of what might lie ahead for the cryptocurrency. While no prediction is foolproof in the world of crypto, these indicators provide a roadmap for traders and investors.
As we look forward to the potential onset of a new bull run, remember that staying informed, adapting your strategy, and managing risk are the keys to success in the ever-evolving crypto landscape. 🚀📊🌐
❗See related ideas below❗
Don't forget to like, share, and leave your thoughts in the comments! 💚🚀💚
Fetch.ai (FET) Price Dips in September – October's Direction UncThe price of Fetch.ai (FET) saw a decline following its failure to breach the $0.27 resistance zone on September 3rd, initiating a bearish trend.
The situation remains precarious, as failure to secure a close above the $0.23-$0.24 Fib resistance range could signal the continuation of the bearish trend, potentially leading to a significant drop.
Approaching the Ascending Support Trendline
Since its rejection from the $0.27 resistance area on September 3rd, Fetch.ai (FET) has experienced a downward trajectory. However, it’s not all bad news.
FET's price has been following an ascending support trendline since June 2022. Recent validations of this trendline occurred on August 17th and 22nd. These instances were marked by long lower wicks, which indicates buying pressure.
The pace of increase accelerated after the last validation, propelling the FET price to $0.27 on September 3rd. However, it failed to breach this resistance level, which has persisted since May, resulting in the ongoing downward movement.
In order for FET to commence a new bull run, it will need to surpass the 100 Exponential Moving Average. The 100 EMA acts as a mobile support and resistance. Currently, the 100 EMA is above the price, therefore the indicator works as a resistance.
Williams %R is another indicator that we should look at. The Williams %R is a momentum oscillator that gauges the market. If the indicator is below -80, it means FET is oversold and expected to bounce back. If it is above -20, it is overbought and expected to fall back again. Currently Williams %R is approaching oversold levels, which coincides well with the ascending support trendline.
Looking Ahead: FET is approaching an ascending support line, and the Williams %R is approaching oversold levels, which make a rebound on the table. However, for a rebound to take place, the price needs to break above the 100 EMA first.
CHAINLINK READY FOR TAKEOFF!CHAINLINK READY FOR TAKEOFF!
Link is the leading oracle and has no real competition, this project will make it to near all time highs in the next 6-12 months and will retest perfectly unless there are any blackswan events in our economy.
Global corporations and enterprises are ready to adopt a blockchain standard and will do whatever it takes to get clarity before this next bull run.
Im expecting chainlink to make definite partnerships with top organizations on the globe and have the potential to have its own ETF or be apart of an ETF.
Chainlink is in a group by its self and theres only a couple projects out there that actually provide real world use-case and LINK is one of the best.
This asset is tightly following ETHERs 2017 bear cycle which lasted 790 days from the previous top. This resulted in ETHER having a massive blow off top and with things rhyming so closely, I believe that chainlink is poised to be upward of $200-$500 if we get lucky.
If this doesn't happen in this bull cycle i still expect to see these price levels by 2030-2031
because crypto cannot survive right now without Link and that gives it enough use-case as BTC does or more in this current day in age where Utility is needed and foundation has to be established to meet industry standards.
ETH Forecasting (2023-2035)Ether is going to have a triple halving and many people forget just how bullish this is for the ecosystem as a whole. The SEC has given ETH many free passes and if theyre able to escape regulation, then it will result in massive price appreciation.
ETH topped out at nearly $5000 per share and with more adoption from retail, ETH should see new levels of over 5 figures per share.
This would be huge for the globe because it shows the world how supply, utility, and decentralization works. I am worried about ETH and their management of gas frees.
Vitalik stated in a video that the #1 Blockchain should be this expensive, I agree but where I disagree is that they're scaling so quickly while theres other chains really raising the odds at competing with ETH such as HBAR.
ETH could have discussions and slander for centralization, but for this bullrun ETHER will continue to be a top 2 asset and a top mover.
XRP Monthly Breakout to happen by 2025XRP Monthly Breakout to happen by 2025
Here are some targets I expect to see with my XRP bags in the next 2-3 years tops.
Ripple Stock Market IPO, BTC Halving, Providing Economic Solutions to Liquidity Crisis, and Regulatory Compliance will all be reasons XRP has thee most anticipated runs of all history.
Brad G has kept his confidence in the community and team, with rumors of an Escrow Burn (I dont think will happen) It could bring the price to even higher levels than shown in my NFA prediction.
The community is in fear due to the SEC continuing to keep their noses too close to our industry, but what people don't seek to understand is why they're still here.
XRP has passed BTC before in Market-cap and regulators became worried back then.
The community has continued to grow and support the team which makes me think the SEC speculation is merely FUD. They are worried about potential overtakings of the Swift system and they don't want to make any stands because then they would lose the grey area they're currently trying to exploit. The lawsuit had something to do with Ripple, XRP is totally different.
XRP is a utility token trying to solve thee biggest problems such as our financial system. The SEC and democratic party are okay with printing money to stifle innovation in America.
When this begins to happen again, flood of money should flow out of the government who is acting off of mainly borrowed money because they're broke and people will begin to lose trust and faith.
FDIC concerns could also cause banks to require XRP in order to help with liquidity!
Always do your research and never click random links !!!
Keep your wallets safe this bull run and be smart!!
A hope for BullRun, Bitcoin September Month's PerformanceLet's take a look at how Bitcoin's performance in September month. September is considered worst month for bitcoin.
2011: -39.75% 🔴
2012: +20.28% 🟢
2013: -1.37% 🔴
2014: -18.36% 🔴
2015: +2.76% 🟢
2016: +6.57% 🟢
2017: -8.62% 🔴
2018: -5.98% 🔴
2019: -13.51% 🔴
2020: -7.52% 🔴
2021: -7.04% 🔴
2022: -3.16% 🔴
2023: +4.11% 🟢 ⌛
Whenever September month closed in green, we had bullish momentum October month, hopefully this September will close in green candle and fuel the bull run for October.
Follow us for more updates.
Cheers
GreenCrypto
📈 Crash History RepeatsIn the dynamic world of cryptocurrencies, history often offers valuable lessons. Recent market events have some intriguing parallels with previous years, shedding light on Bitcoin's remarkable resilience. 🪙📜
2019: The COVID-19 Era
In 2019, the crypto market faced its own challenges amidst the COVID-19 outbreak.
Bitcoin initially experienced a price drop due to the uncertainty surrounding the pandemic.
The 2020 Resurgence: Learning from the Past
What followed the 2019 dip was a stunning resurgence.
Bitcoin not only recovered but soared to new heights, demonstrating its ability to weather storms.
2022: The FTX Incident
Fast forward to 2022, when the market faced turbulence due to the FTX incident.
Once again, uncertainty gripped the crypto space as prices took a hit.
2023: A Familiar Pattern Emerges
In a fascinating twist, 2023 seems to echo the past.
Similar to 2019 and 2022, Bitcoin is displaying resilience in the face of adversity.
Bitcoin's Tenacity: A Lesson in Adaptation
Bitcoin's history is a testament to its ability to adapt and overcome challenges.
The crypto giant has repeatedly bounced back from setbacks, surprising skeptics.
The Future: Navigating the Crypto Landscape
As we navigate the ever-changing crypto landscape, history reminds us that market downturns can be followed by remarkable recoveries.
Staying informed, maintaining a diversified portfolio, and practicing risk management are crucial.
Conclusion: History as a Guide
History has a way of offering guidance in uncertain times. While we can't predict the future with certainty, we can draw inspiration from Bitcoin's resilience.
As we witness Bitcoin's tenacity once again, remember that the crypto market is ever-evolving. By learning from the past and staying adaptable, we can navigate the challenges and opportunities that lie ahead. 🌐🚀
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Feel free to like, share, and share your insights in the comments. Your active participation fuels our crypto discussions and fosters a collective understanding of this exciting space. 💚🚀💚