Potential start of the bull marketFOREXCOM:SPXUSD
As of 01/16/2023, I believe the birth, or first sign of a potential return to bull market to be today. In the process of reviewing ema, macd, and cycle based indicators, we should see uptrend begin to take off leading back into 4300 by February '23. This can all change with fed's taming of inflation, or any external circumstance. But if trajectory remains strong, we should have a confirmed uptrend by start of this February. Refer to the 2 weekly chart, as this is the core of my thesis for the return to bull market.
Bullrun
BTC. Is that was bottom? Ready for a LEG UPWhy such sentiments.
The monthly stochastic is oversold. At 4 h, a double bottom is possible.
On D1, if the double bottom works, then the scheme with inverted H&S will probably work. Which can be considered if zoom out chart. Overbought on the D1 chart as a whole with a strong uptrend does not say anything. You can look at the last bull run. I don't trade by patterns. I'm more of an Ema trader. But you can find reversal patterns on 4h/d1/w1 on almost all alts.
Also, dxy is in approximately the same conditions relative to the EMA as in July 2020. If I'm right, then this is the bottom and an interesting trip awaits us. If not, you can throw bears hats at me. I will sell them and with this money I will be able to survive until the next bull run.
BTCUSD Most bullish thing happened since 2021 November!Hi dear community and my lovely followers.
I was waiting for weekly candle close to update some ideas.
Pay attention to the charts nobody is talking about. This analyses proves all my " BTC bottom was in" analyses published since 2022 June.
Let me emphasize some important things.
1. First time since 2021 November BTC weekly line break chart candle closed green. Every time when it happens BTC Bull run or huge rally starts.
2. BTC broke weekly falling wedge and retested it successfully.
3. Weekly RSI bullish div. broke multi-months diagonal trendline.
4. Weekly TSI crossed bullish with bull div.
All above mentioned things are super bullish, The only thing I want to see in coming days BTC breakout above 21.5K level with confirmation making new High.
Let's follow and see it will happen before retrace to 18.5-19K level, or after pullback.
Don't forget to like my ideas and follow me , if you want to see new updates.
Crypto Bullrun scenarios based on DXYit's highly depending on FED Interest rate!
I think we have a correction from orange box and about 12 months before BTC having, crypto main Bullrun will begin (Blue Brush).
maybe it can make double top pattern and shake off crypto before real Bullrun starts.
share your opinions with me.
COMP BULLISH SOON, LARGE MOUVEMENT INCCOMPUSDT 1D,
After forming a DUMP RALLY scenario, we have tested the base and went for a large mouvement to the upside. Currently retesting the neckline of the dump rally, and the resistance of the parallel channel, we will either see a rejection from here and pullback a little bit to the downside.
But if we break the parallel channel, we will go for an amazing mouvement to the upside.
THIS IS THE LEVEL TO WATCH IN XRP!The .4068 level continues to be the level to watch. If this level breaks then the theoretical 'flood-gates' could be unleashed upon the rapidly diminishing supply of liquid XRP. If the price declines look for buying opportunities that correspond with your investment strategy and add to your positions accordingly.
BTC ALERT, IMPORTANT LONGTERM MOVEBTCUSDT 1W,
as you can see we have formed a downtrend on the RSI starting from January 2021st, bitcoin went to hit a new all time high at the price of 70k but the oscillator still formed a bearish divergence and failed to break the downtrend, recently we could see that the picture has started flipping around the resistance of the oscillator downtrend, candlesticks are forming lower low, RSI is showing higher highs, we could see a bullish divergence, we are currently retesting the resistance of the trend, we will either see a pullback down and another bullish divergence before we break above, or we simply go up from here.
We could notice that on the lower timeframe and starting from June 2022 the candlesticks has started forming a falling wedge bullish chart pattern. I smell reversal soon, we are most likely going to bottom around the price of 12 - 13k. Stay tuned for more information!
Bitcoin, END OF PUMP SOON (?BTCUSDT 1D,
We have been down-trending recently, broke a structure to the downside, recently we have seen a LARGE mouvement to the upside out of no where, we have filled point of interest, and 0.618 Fibonacci, soon we might liquidate the longers and continue going downwards until we retest the monthly level of support.
Share this with your friends! Stay tuned for more.
IS THIS THE START OF THE BULL RUN?Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
#BTC
BTC is breaking out of this ascending triangle and also trying to break this symmetrical triangle pattern.
All these confluences are showing bulls are back in action, and we'll witness a strong bullish rally in the market but RSI is in over boat range.
For more conformation, we need a conform breakout of this symmetrical triangle pattern.
Analysis
- I have taken fractals from the past, 2019, from historical price action that we refer to as an 'echo bubble'.
- According to the fractals, one possible scenario is that we tap $14k, before making a 100% move up to $28k.
- This would be a completely reasonable trajectory to have in mind, considering that we have seen a case for Bitcoin moving from $4k to $14k
- Eventually, we would peak around the summer of 2023, with everyone thinking that the macro bull market has resumed.
- Personally, if this speculative scenario plays out, I would revert back to holding a massive cash position until the dust settles again.
- People, including myself, thought we'd never get back below 20k, and here we are now, with people calling for $7k.
Comment your view in the comment section and stay tuned, I will keep updating BTC in the different time frames.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
Weekly rsi bullish divsBoth the BTCUSD and BTC/US30Y charts are showing weekly rsi bullish divergences. Also, massive flip of the Squeeze Momentum soon.
Going to long to $GBTC, $SI and $COIN.
FINALLY Bitcoin 36K test soon??June of last year I published a post about bitcoin and the possibility of a coming bear market rally to 36k once the 18k support level finally broke down (approximate).
Well the first week of November this occurred and although we did not get the deep capitulation we would have liked to see, we find ourselves in an interesting situation with the new data we have now to go off of.
The primary piece of information being that of getting back above 18k after a failed attempt a week or so before Christmas. I did not post anything at the time of that occurring because I was not sold on the idea that it was legitimate. But fast forward to the middle of January and on the weekly chart of Bitcoin we now have not only the break back above 18k, but also classic bullish divergence showing on the weekly RSI indicator.
And if we look at the weekly RSI we can also see that there is A LOT of room to run to the upside after consolidating for SEVEN MONTHS after first going oversold in June.
And we are now getting confirmation of this bullish divergence that we were patiently waiting on by taking out the 18k resistance level and now attempting to close back above it.
Keep an eye on the Sunday close of this weekly candle on Bitcoin. As well as the coming US CPI data that is going to be released tomorrow.
If BTC can hold above this 18k level, there could be a major move to the upside that could take us well past the main target of $36000 on Bitcoin.
Meanwhile, the short term first target for this asset (if 18k holds) would be $21500.
IS HISTORY REPEATING? BITCOIN 2021 - 2017 Bull FractalAre we on track? Are we moving? Is the top actually near 158,000 USD?
Given the market sentiment and Taproot, it may be worth to just publish this chart. Will the MM find it and say "He sold?" Or "He Bought, Dump it?" No one knows. What I do know is we are in a bullrun this year. It is not a bear market. I am confident to match a 2017 Fractal i've been through before. If this happens, BTC is headed to a modest 76-78K before a HARSH December dip for 61.7K Level. This might be a short squeeze temporarily on waiting bears. After that we run it up to 102-104K and then down to the 80K region before pushing back up. If this fractal is current, we will top out at BTC 158K in February 2022. BTC Market Cap will be 2.5x it is to this date by the top of the cycle.
Whether 2022 will be a Wyckoff Top, or not, I believe it will not be the case. We should have a parabolic run, however I believe we may actually have a similar price action in 2022 as 2021. The slow rising in the Crypto community started last year. We should do this year after year similar to the Stock Markets that last for years on end.
Please tell me your thoughts.
I am not a financial advisor. Just someone who looks for possible patterns. History repeats itself. Why should this year be any different?
LITECOIN 2021-2022 FINAL BULLGreetings. As always i'm happy to share my long charts. Seeing how i've been developing the price action and sentiment on Litecoin all year its pretty clear to me now that it's November 2021 that the price will move up and same as Bitcoin, Litecoin is in the middle of Wave 5. This is a major rising wedge due for breakout and overshoot to parabolic on or around February 2022. LTC can't get much lower from here, or the bull market quickly converts to Bear Market. But I say we are close. TARGETING a final price of 2590 USD at the very top. This price for Litecoin is not a shocker, especially with the developments Litecoin has been releasing especially MWEB (Mimble Wimble) Privacy, smart contracts, and more.
I am targeting a final dip to 290 - 202 USD LTC. We can not sustain much lower or we will have issues declaring a bull market.
News for XRP Hello hello .. soo I had agreed other post but suddenly we suppose to drop at the 0.20500 area but didn’t happen but that’s okay, so XRP had been forcefully demand at 0.300 cents zone.
This is incredible strength from the bulls.. this means XRP should be bottomed from that zone because it had been demanded the same 30 cents zone multiple times. Can you believe that ? Hope y’all and everybody bought the dip, as I said before ( DONT BE LATE).
This is why it had been demanded because globally mostly here in USA supported Ripple (XRP), the Feds bought all the XRP , both country’s I’ll say globally legally support and create new payments for XRP.
Everyone this is incredible amazing.
XRP are going to be adopted and will boom becomes reality the Middle East , Asia , South Africa .. Europe and MENA the name of the company.. they all discuss and wanted to expand region to avoid multi million headaches.
If this adoption happens … XRP are going to the moon even DCA from the investors this will be huge.
I know what y’all are thinking.. is XRP is in the next massive bullrun ? Probably. 0.56 area needs to break first as a first target then to 1$. If 1$ resistance breaks dramatically then the bulls are taking off with no mercy.
If 56 cents rejects even early then down lower liquidity to 0.20 cents zone only if happens.
As I was sayin hope y’all bought the dip and holding if it drops again , buy the dip again, do your thing, out
Smart the market.
Lastly if the bullrun is going to start then take profit highs
New high take profit: 50$
2nd new high: 100-150$
3rd new high: 200$ or more.
These are long terms.
Let me know what y’all think and analysis .. let’s make that bread.
Making Higher Highs EuroPoundWe've a strong support (white lines) and both of them can be tested and make a change on the price direction.
This hour will probably be the next higher low, and will be followed for bullish candles and cross the dashed yellow line, this line has been tested several times
BTC Log Fractal - How far will we make it up?BTC Log Fractal - Nobody expects us to make a run the same size as last time, law of diminishing returns etc. Posting this for the kicks to see at what point is decouples from the fractal and under performs. Also as a rough guideline so I don't get lost in the bull run.