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BTCUSD: The bottom is in! 🚀The Indicator Pi Cycle was been very accurate in the past. It has been quite effective in determining tops and bottoms. About Pi Cycle Indikator TOP: It uses the cross of 111 day SMA and 350x2 day SMA. About Pi Cycle Indikator BOTTOM: It uses the cross of 150 day SMA and 471x0.745 day EMA. And the RSI is below 50, which is also a clear bottom signal imo. My recommendation as always: Buy the dips and hodl. 😀 -- Let's see what happens. Happy trading. BTCINVESTING -- -- My Post Apr 17, 2021 "BTCUSD: Whats about PiCycle? A bearish signal?" My Post Dec 15, 2021 "BTCUSD: Difference - Bearish Downtrend | Bullish Accumulation" My Post Apr 15, 2019 (3 year ago!). I was one of the first btw. ;-) --
INDEX:BTCUSDLong
by BTCINVESTING
61
FOOLS RALLY! $doge down!DOGE has had its peak! it will have a fools rally and then drop! I AGREE WITH BUY THE DIP; but buy the right dip! NO one wants expired CHIP DIP! The market cycle psychology chart tells me that this is entering to a fools rally next then a downtrend that is harsh! AFTER IT PLUMMETS to below 0.133USDT I will not be buying the dip! THE DIP IS IN THE 0.12-0.133 range . I will be gradually accumulating my position and keep in mind the coins that are tied to the trends, such as $ELON and $DC. $DC might be able to separate from this trend. BUT $ELON I don't think will run independently on its on momentum. DOGECHAIN will be interesting to see what hype is generated from releases on the chain. Its going to be a great year! 2023! Happy trading and don't get greedy or panic! *This is my personal thought and not financial advice! I am not endorsing cryptocurrency and there are risks with investing. Always do you own research! #DYOR* -Cryptonightowl
Short
by Cryptonightowl
Sticking to stop loss is a must to do when ((BUYING the DIP))Opening a position without setting a stop loss is a big mistake and it can be disastrous when buying the dip ! Here, we show a tempting setup to open a long position in rectangle (1) . It is of course OK to go long in this setup in the hope of catching possible up coming up going wave shown in green. But without setting a stop loss? Not at all ! Followings are just two simple possible scenario which may happen: Rectangle (2) shows a scenario which may happen if lucky. Although it will bring us profit, believe me it bothers all the traders a lot emotionally. Lots of hopes and fears which makes us nervous. This not only ruin our current trade but also has a powerful negative impact on our next trades. Rectangle (3) shows a terrifying scenario which can whip out all our capital ! Please keep it in mind that " Preserving capital is a first rule of trading ". If you think this is an unrealistic scenario just take a look at ETSY, SHOP, SQ and ROKU. Be aware my friends : what we consider a possible abc form of correction can just be waves 1,2 and 3 of a larger degree wave 1 or A . This concept is shown on the rectangle (3) scenario. It is worth to note what is labeled as wave 1 or A in this rectangle is not end of down side move .There will be another at least same size down side move after a wave 2 or B counter trend correction. See the charts carefully to find out what is next after waves 1 or A. There are 4 major rules in trading : 1. preserving the capital 2. preserving the capital 3. preserving the capital and if successful then: 4. making profit. Hope to be helpful and good luck.
NASDAQ:TSLAEducation
by SaeedSajedi
12
Realty Income Corp Set To Move Up Prior To Inflation ReportBased on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on September 23, 2022 with a closing price of 61.81. If this instance is successful, that means the stock should rise to at least 63.129999999999995 which is the bottom of the larger green box. Three-quarters of all successful signals have the stock rise 4.728% from the signal closing price. This percentage is the bottom of the smaller green box. Half of all successful signals have the stock rise 6.7065% which is the end point of the black dotted arrow. One-quarter of all successful signals have the stock rise 8.6685% from the signal closing price which is the top of the smaller green box. The maximum rise on record would see a move to the top of the larger green box. These are the same concepts for the levels in the red boxes as well. The ends/vertical sides of the boxes are determined in a similar fashion. The peak of the rise can occur as soon as the next trading bar after signal close, while the max rise occurs within the limit of study at 35 trading bars after the signal. A 1% rise must occur over the next 35 trading bars in order to be considered a success. Three-quarters of successful movement occur after at least 15.5 trading bars; half occur within 28.0 trading bars, and one-quarter require at least 33.5 trading bars. The black dotted arrow represents median historical movement. Medians are a good metric, but they are just one of many I use when forecasting future movement. As always, the stock could decline the very next bar after the signal without looking back (therefore the red boxes would not come into play) or the stock may never decline (and the green boxes may never come into play).
NYSE:OLong
by StockSignaler
TWE.ASX - FUNCHARTS - Does Corn Really Lead Treasury Wines?Note: Funcharts are interesting charts I have found that offer a potentially unique perspective on a stock. Sometimes I’ll throw something out there that you might find controversial or wrong headed. If that’s the case your 2 cents worth is most welcome. The blue line in the graph above is corn (futures) projected forward, now why on earth would corn lead the Treasury Wines share price? While I let you ponder the answer to that the correlation between a projected forward corn price and TWE has been relatively high through history at approximately 30%, simply scroll back through the chart and you can see for yourself that corn has a pretty good track record of leading TWE. Now that we have a projection of sorts the next step would be to conjure up a trade based on this intermarket relationship (if it truly does indeed exist). Let me draw your attention to the system on screen, it is a reverse of the Supertrend STRATEGY (Inputs: ATR Length, 3, Factor 1.5) where it buys the short term dips and sells the short term rallies. An analysis of performance shows that TWE is a very choppy stock. To see performance scroll down to the bottom of the chart and make sure Supertrend STRATEGY is showing. Now the next trick is to view the Performance Summary (not overview) where is breaks down the performance of long trades v short trades. An analysis of long trades shows buying dips was highly profitable with a profit factor above 2 and a high percentage of winning trades. With this evidence the way I would trade TWE is to use Corn, or seasonal analysis or similar to obtain a bullish bias and then look to buy into a pull back on TWE. Once set I would then look to sell the position once the stock reached an overbought level. Stop Losses are a little difficult to set on a mean reversion strategy as theoretically the bigger the pull back the better the opportunity but I would suggest a fairly wide stop level of around 10-15% of the stock price as an emergency stop in case the trades really goes wrong. The question you're obviously asking is should I get long now? In my opinion awaiting a pull back is probably the best strategy, you could use a stochastic or RSI indicator (or any oscillator) for that matter and look to enter during oversold zones and close out during an overbought period.
ASX:TWE
by andrew.gibbs777
BHP - FUNCHARTS: Should we buy the dip?Note: Funcharts are interesting charts I have found that offer a potentially unique perspective on a stock. Sometimes I’ll throw something out there that you might find controversial or wrong headed. If that’s the case your 2 cents worth is most welcome. BHP has sure been belted, but should we catch a falling knife? - Let's take a basic look at BHP using a very short term strategy. It involves using a strategy called Supertrend Strategy with a 3 period ATR input and an ATR length of 1.5 times. - Firstly, I've flipped it upside down, so we get a buy signal when the trend changes to down and a sell signal when the trend changes to UP - Now, next step, Applying this strategy to BHP, take a look at the performance report for Long Trades and Short Trades using the Performance report TAB. Long Trades Buy the Dip , Short Trades Sell the Rally - Looking at Long Trades, 66% of the time it was profitable to Buy a short term dip on BHP and wait for the trend to change back to up, after which you exited the long position. The profit fact was 1.77. No stop was used in the analysis. - It was also marginally profitable to sell short term uptrends in BHP, meaning trend of less than 30 days didn't persist all that often. - What's the verdict? Buying short term weakness in BHP and selling short term strength has made money in the past. BHP is typically a very choppy stock. I hear what you're saying, you'd like to know if buying the current dip we are in will result in a profit? Based on this analysis BHP will usually stage some sort of rally in a downtrend and you would have make money 66% of the time historically. But looking at external analysis I'm not overly confident just yet. When I'd like to get in. Take a look at the blue histogram on the chart, if it goes below -10, I'd expect the odds to be pretty good for a rally of at least a few days, if not more. That means any further (significant) downside could be an opportunity for a countertrend mean reversion play. It'll be a day where there is blood on the streets for BHP.
ASX:BHPLong
by andrew.gibbs777
TXN to join quick tech rally?My models say the Fed cannot raise rates beyond 0.5 points tomorrow or they cannot be trusted in the future. We should see a quick rally to end this week and perhaps begin next week, before the reality of $6+ fuel prices set in again and we continue the bear market. Based on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on June 10, 2022 with a closing price of 159.445. If this instance is successful, that means the stock should rise to at least 160.195 which is the bottom of the larger green box. Three-quarters of all successful signals have the stock rise 2.0335% from the signal closing price. This percentage is the bottom of the smaller green box. Half of all successful signals have the stock rise 3.732% which is the end point of the black dotted arrow. One-quarter of all successful signals have the stock rise 5.295% from the signal closing price which is the top of the smaller green box. The maximum rise on record would see a move to the top of the larger green box. These are the same concepts for the levels in the red boxes as well. The ends/vertical sides of the boxes are determined in a similar fashion. The peak of the rise can occur as soon as the next trading bar after signal close, while the max rise occurs within the limit of study at 50 trading bars after the signal. A 0.4% rise must occur over the next 50 trading bars in order to be considered a success. Three-quarters of successful movement occur after at least 17.0 trading bars; half occur within 31.5 trading bars, and one-quarter require at least 45.0 trading bars. The black dotted arrow represents median historical movement. Medians are a good metric, but they are just one of many I use when forecasting future movement. As always, the stock could decline the very next bar after the signal without looking back (therefore the red boxes would not come into play) or the stock may never decline (and the green boxes may never come into play).
NASDAQ:TXN
by StockSignaler
Has Bitcoin reached its bottom yet?Based on my previous post on how to buy/sell bitcoin at the best price , the buy signal for bitcoin is currently ringing. According to the chart, the bitcoin price has reached and reacted to the 200 weekly MA. Weekly RSI indicator has reached oversold and also monthly RSI has reached its support at around 45. Those levels could indicate bitcoin's bottom and the price may reverse from that level. However, I believe that the market especially the U.S. stock market has more to fall due to the launch of the fed quantitative tightening program to fight off red hot inflation in the U.S. Since bitcoin is highly correlated with the stock market, this may also drag bitcoin down further even below the 200 weekly MA. If bitcoin can't hold above the 200 weekly MA, this could mark the end of bitcoin's multi-year bull run. And since Bitcoin is the mother of all cryptocurrencies, a crash in bitcoin could propagate to other cryptocurrencies leading to depression in the crypto market. Let's hope it didn't happen. But we still need to prepare for all possible scenarios.
BITSTAMP:BTCUSD
by marketslave_
Steel Dynamics is overbought according to thisBased on historical movement, the peak could occur anywhere in the larger red box. The final targets are in the green boxes. The pending bottom should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated SELL on May 27, 2022 with a closing price of 85.6795. If this instance is successful, that means the stock should decline to at least 84.85 which is the top of the larger green box. Three-quarters of all successful signals have the stock decline 2.103% from the signal closing price. This percentage is the top of the smaller green box. Half of all successful signals have the stock decline 4.89% which is the end point of the black dotted arrow. One-quarter of all successful signals have the stock decline 8.016% from the signal closing price which is the bottom of the smaller green box. The maximum decline on record would see a move to the bottom of the larger green box. These are the same concepts for the levels in the red boxes as well. The ends/vertical sides of the boxes are determined in a similar fashion. The trough of the decline can occur as soon as the next trading bar after signal close, while the max decline occurs within the limit of study at 40 trading bars after the signal. A 0.75% decline must occur over the next 40 trading bars in order to be considered a success. Three-quarters of successful movement occur after at least 10 trading bars; half occur within 22 trading bars, and one-quarter require at least 36 trading bars. The black dotted arrow represents median historical movement. Medians are a good metric, but they are just one of many I use when forecasting future movement. As always, the stock could decline the very next bar after the signal without looking back (therefore the red boxes would not come into play) or the stock may never decline (and the green boxes may never come into play).
NASDAQ:STLDShort
by StockSignaler
🆗So now Where to Buy the Dip BITCOIN again 💲📊Hello Crypto Community and all Bitcoin maximalists !! I'm not crazy and not even someone who calls themselves as a bitcoin maximalist! because we just believe in the future of Bitcoin and crypto space ! today we can see the market is in maximum extreme fear, a huge terrible and horrible crash in some altcoins , but it really was interesting for me when I called my friend and he told me that I'm already buying the dip bitcoin based upon my DCA strategy , While I have a portfolio at a loss!! I don't know how much money they have but they are always buying bitcoin since it discovered 😁🤑🤔 So today although bitcoin can fall more to the lower support zones but But it does not always continue to decline, and when smart money comes in again, it can fly to significant targets again. ( We should note that we have Bitcoin Halving event in less than 2 years and the miners' reward will be halved) ------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion ,not a financial advice ,so do your own research. 💜 if you're a fan of my analyses PLZ follow me ,give a big thumbs 👍 and drop comment 🗯💭
COINBASE:BTCUSD
by PRO_SMART_Trader
SPX, End of half of century bull run? Lets hope not !Today, I finally decided to publish what I have in mind for several weeks ! End of half of century bull run? Lets follow ! I really did not want to publish this idea since it is really terrifying but, as it is a possible scenario right now I decided to warn readers to just keep this in mind . This will help us to be cautious when opening long positions, to set our stop loss carefully, to not consider every new low as a ((buy the dip chance )) and to try to manage the risks. As shown on the chart , Elliott wave count on monthly time frame suggests a possible scenario which is not a good one at all !. This scenario shows that a bull cycle started on 1974 may have been completed and we are just at the beginning of the huge correction down to the territory of shown wave IV. This is one of the Elliott waves guidelines which suggests the end of larger degree wave 4 correction in the territory of smaller degree wave 4. There is one more pessimistic scenario which gives a chance to completion of a 90 years bull run which if true, may GOD bless the market!. Lest hope this sell of to be just the correction of bull run started after pandemic low . In this case we will see a new ATH after end of correction but we have to keep it in mind that even in this optimistic scenario we are in final leg up of this long term bull cycle shown on the chart and the collapse of the market is inevitable soon or later. We have FED Meeting in next two days , decision the will make and the path that they will show probably will direct the market in upcoming months. There is no way to be successful in trading except being realistic and following facts and figures not hopes and wishes !
SP:SPX
by SaeedSajedi
7
S&P 500 . Down ward continuation or trend reversal?SPX has made a series of lower highs and lower lows inside a down going channel since starting it's decline from ATH ! We had a strong bounce back after start of war in Ukraine which can be called ((Buy the invasion )) !. Why such a strong bounce back? I guess investors thought FED will be less aggressive after this crisis and they found a reason to flow the money into the market. Is this rally going to continue? Lets follow the market. To me, making a higher high above the shown key resistance is necessary to make sure trend has been reversed. Making a new low confirms the terrifying possible bearish Head and Shoulder pattern. I suggest setting stop loss carefully and sticking to it if you are going to open a position or have already opened. Best Wishes.
SP:SPX
by SaeedSajedi
1