TVK/USD Major trend. 10 10 2023Logarithm. Time frame 1 week.
"Dying" cryptocurrency that is traded on major liquid crypto market exchanges. Previously traded (all ideas naturally not public) this dump/dump scam. Profits were substantial. All previous ideas fixed in the links.
At the moment -98% of the peak pumping price.
The very idea of such a scale time frame in order to understand in what price zone is the zone to work and what prospects.
The main trend is clearly downward. A huge wedge has been formed.
The secondary trend is descending, which similarly formed a wedge after the breakout of the horizontal channel with a huge % step of about 160% (liquidity).
Linear price chart.
Secondary trend and localized work.
Cryptocurrencysignals
XTZ/USDT Secondary trend. Channel. Wedge. Pivot zone. 11 2023Logarithm. Secondary trend. Time frame 3 days. Horizontal accumulation channel. Formation of the wedge 9 months. Now there is a breakthrough of its resistance. The targets of the wedge and the channel are shown. Also medium-term targets at the exit from this horizontal channel. At the resistance of the accumulation channel be careful and protect the profit.
Now in the moment the price 0.777 (21)
Speculation and Investing. .
ICO 2017 .
5000 XTZ = 1 BTC
After ICO = pamp 11 X (resetting positions).
After 6 years .
2023 5000 XTZ = 0.11 BTC (-9X)
2023 44,494 XTZ = 1 BTC
Altcoins are for speculation and making money on volatility,
not for long-term investment (hold).
Surrender Zone. Mani management.
Several times there was an entry under support to gather liquidity (stop loss). Later, there may well be a return to it (depending on how high the price will be at the reversal) in a relatively short time (final market capitulation) from the trend position (probability of no more than that, which should always be remembered).
Line chart for clarity.
Secondary trend with downward channel (all the decline from the highs + this accumulation zone).
XTZ/USD Secondary trend. Downward channel. Publication 01 2023
Primary trend (entire trading history).
XTZ/USD Primary Trend. Downtrend channel Publication 01 2023
Main Trend 01 11 2023 Price $0.777 now in momentum.
ATOM/USDT Secondary trend (part). Symmetrical triangle.Logarithm. Time frame1 day. Part of the secondary trend (right shoulder area).
A rather significant symmetrical triangle has formed over several months. The price is almost in the very corner. The denouement should occur in the near future (from the trend position). The price is almost in the very corner of the figure. The areas of the reversal levels are marked in yellow and the percentages of them. I don't recommend to work inside the formation at the moment (final phase of its formation), but to wait for the outcome, i.e. a breakdown, and better yet a pullback after the breakdown and confirmation of the reversal.
Fundamentals and the distribution of coins by price between market participants are initially "different purse."
I would also add, it is fundamentally one of the most promising blockchains and one of the cryptocurrencies in speculative terms with the most unfair competition. Consequently, always limit the potential losses in your work. For you super losses, for someone this price will be the most inadequate profit.
This is what this triangle looks like on a line chart.
The entire secondary trend. Time frame 1 week
ATOM/USDT Secondary trend. Right shoulder area
The main trend. Time frame 1 week.
Celestia (TIA) completed setup for upto 25% pumpHey dear friends, hope you are well, and welcome to the new trade setup of Celestia (TIA).
Recently we caught almost 31% pump of TIA as below:
Now on 4-hr time frame, TIA has formed a bullish BAT move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Solana (SOL) completed a setup for upto 30% pumpHey dear friends, hope you are well, and welcome to the new trade setup of Solana (SOL) coin with US Dollar pair.
Recently we caught almost 140% pump of SOL as below:
Now on 4-hr time frame, SOL is about to complete a bullish Cypher move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
BITCOIN Will it hit 48k before the New Year?Bitcoin (BTCUSD) is currently testing the 1-month Higher Lows trend-line that has been supporting the price action since the November 22 Low. Even though the 4H MA50 (blue trend-line) has been acting as a Pivot, the 4H MA200 (orange trend-line) has been intact and supporting since October 15 and is right below that Higher Lows trend-line.
Technically, the price action from December 08 until now is similar to that between November 09 - November 27. What followed after the (d) wave bottomed on the Higher Lows trend-line was a +21% rally.
If the final sequence is repeated as well, we can expect the 48300 March 2022 High to get tested.
But what do you think? Will that be the case and if so, do you expect 48k to get hit before January 01 2024? Feel free to let us know in the comments section below!
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Trade signal | THORChain (RUNE) setup for the next pumpHi dear friends, hope you are well and welcome to the new trade setup of THORChain (RUNE) with US Dollar pair.
Previously we caught more than 400% pump of RUNE as below:
On a 4-hr time frame, RUNE has formed a bullish AB=CD move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
DGB It is trying to break the resistance 0.0090-0.0092It is trying to break the resistance 0.0090-0.0092. If it is able to break it, it will have a wonderful rise, God willing ✅ ✅
Trading around weekly resistance flips involves identifying key levels on a price chart where the market has historically shown a tendency to reverse. Here are some steps to guide you through this process:
1. **Identify Weekly Resistance Levels:**
- Look at a weekly price chart to identify significant resistance levels where the price has historically struggled to go higher.
- These levels are typically points where the price reversed in the past or where it has shown a strong reaction.
2. **Confirmation:**
- Once you identify a potential resistance flip level, look for confirmation from other technical indicators or tools such as trendlines, moving averages, or chart patterns.
3. **Monitor Price Action:**
- Pay close attention to how the price behaves as it approaches the resistance level. Look for signs of price rejection, bearish candlestick patterns, or decreasing bullish momentum.
4. **Wait for a Reversal Signal:**
- Wait for a clear reversal signal before taking any action. This could be a bearish engulfing pattern, a shooting star candlestick, or a strong bearish candlestick that closes below the resistance level.
5. **Risk Management:**
- Set a stop-loss order to manage your risk. Place it above the resistance level to protect your position in case the price breaks through.
6. **Target Profits:**
- Identify a target level for taking profits. This could be a nearby support level, the next significant support area, or a predetermined profit target based on your risk-reward ratio.
7. **Consider Fundamental Factors:**
- Take into account any relevant fundamental factors that might impact the market. Economic reports, news events, and other factors can influence price movements.
8. **Practice Patience:**
- Be patient and disciplined in your approach. Not every potential resistance flip will result in a profitable trade. Avoid impulsive decisions and stick to your trading plan.
9. **Risk-Reward Ratio:**
- Ensure that your potential reward justifies the risk you are taking. A favorable risk-reward ratio is essential for long-term trading success.
10. **Keep an Eye on Market Sentiment:**
- Monitor market sentiment through tools like the Commitments of Traders (COT) report or sentiment indicators. This can provide additional insight into the likelihood of a reversal.
Remember that trading always involves risks, and past performance is not indicative of future results. It's essential to continually educate yourself, use proper risk management, and consider seeking advice from experienced traders or financial professionals.
NEARUSD This rally is far from over. +1300% rise on sight.Near Protocol (NEARUSD) is posting the strongest 1W candle since the previous Bull Cycle and has turned the 1W MA50 (blue trend-line) into Support. The 1W RSI is already overbought approaching the 80.00 level but there is still much room for this rally to grow long-term.
Historically, NEAR has seen two major multi-month rallies within the +1300% +1350% range. Measuring from the October Low, a new +1300% rise would push the price all the way to the top of the dominant Channel Down pattern. As a result, this is still a solid (even better confirmed) level to enter for the long-term and target 12.000.
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Pepe setting up for the next pumpHi dear friends, hope you are well and welcome to the new update on Pepe Token with US Dollar pair.
Previously PEPE pumped almost 54% as below:
Now on a 4-hr time frame chart, PEPE is about to complete a bullish Gartley move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
BITCOIN Disturbing Puell trend-line calling for Cycle top?Bitcoin (BTCUSD) is trading within the 0.618 - 0.786 Fibonacci retracement levels which is the last Resistance Zone before it typically attempts a test of the All Time High (ATH) on each Bull Cycle. We have seen on previous analyses how the RSI is showing that this is a possible Mid-Cycle Resistance level where pull-backs towards the 1W MA50 (blue trend-line) occur.
** The Puell Multiple **
This time we are looking into the Puell Multiple and we are no strangers to it as it is the indicator that helped us buy with no fear on June 28 2021 (see chart below) when it hit the 0.30 - 0.40 Support Zone:
** Two Mid-Cycle rejections **
Just as the RSI, the 1W Puell Multiple is approaching the 2.40 Resistance, which has historically caused 3 rejections (December 28 2015, June 20 2016, June 24 2019), the two latter being Mid-Cycle pull-backs (blue circles).
** Can it be a Cycle Top? **
This indicator however displays a very disturbing structure, having the price entering the Lower Highs Zone since the June 06 2011 High. This Zone has priced all previous Cycle Tops (June 06 2011, December 02 2013, December 18 2017 and March 15 2021).
** What is it this time? **
The question is, what kind of top is it this time? Mid-Cycle or Cycle High? Even though all other key indicators show it's the former, we shouldn't take this Puell signal lightly. Technically, as long as the 1W MA50 holds, there is room for at least one more High and practically this potential pull-back is a buy opportunity.
Will a potential ETF approval distort this cyclical pattern though? If not, what do you think, is this a Mid-Cycle top or full Cycle High? Feel free to let us know in the comments section below!
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Celestia (TIA) completed setup for upto 17% pumpHey dear friends, hope you are well, and welcome to the new trade setup of Celestia (TIA).
Recently we caught almost 182% pump of TIA as below:
Now on a 4-hr time frame TIA has formed a bullish AB=CD move for the next pump:
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Trade signal | Marlin (POND) setting up for upto 29.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Marlin (POND) with US Dollar pair.
Recently we caught almost 92% pump of POND as below:
Now on a daily time frame POND is about to complete a bullish AB=CD move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
INJUSD Two sell signals for low risk profits.Injective (INJUSD) is rising aggressively within a 1-year Channel Up, currently on its 2nd Bullish Leg of the pattern, supported by both a Higher Lows (dashed) trend-line and the 1D MA50 (blue trend-line).
We expect it to peak on the Channel's top (Higher Highs trend-line) where we will short it, targeting 30.000. If however it breaks below the Higher Lows trend-line earlier, we will sell the break-out and target a potential contact with the 1D MA200 (orange trend-line) at 16.000.
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SOLANA TO $69Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions and suggestions. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please adhere to good risk management. Also like, follow and cheer, thank you....
ORDI completed setup for upto 24.50 pumpHey dear friends, hope you are well, and welcome to the new trade setup of ORDI with US Dollar pair.
Recently we caught almost 270% pump of ORDI as below:
Now on a 2-hr time frame, ORDI formed a bullish BAT setup for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
BITCOIN Stocks are hitting ATH earlier than BTC. Is it normal?The U.S. stocks are making new All Time Highs (ATH), with the Dow Jones already broken it, while the Nasdaq and the S&P500 (chart on the right) are very close too, while Bitcoin (BTCUSD) is almost -40% below its own ATH (chart on the left). Why is that and is it something normal?
Short answer: yes. Throughout BTC's history, it was always trailing (sometimes by an incredible margin) when the S&P500 was breaching its previous ATH after a multi-month correction. You can see those on times on the charts above (S&P hitting ATH on the blue vertical line, BTC's level at this time on the orange vertical line). It is interesting to note that every other Cycle, BTC is closer to its ATH than the previous, i.e. currently it's closer as opposed to April 2019 and before that (July 2016) it was again much closer, while on February 2012 it was on the lowest margin ever. Could be a Cyclical dynamic.
What's even more practical is that after every ATH breach for the S&P500, the index declines while Bitcoin rises, possibly in an early attempt to fill the gap.
The reasoning behind stocks making new ATH first, is that even though they are classified as risky assets, they don't match the incredibly high volatility and risk factor of Bitcoin (cryptocurrency). And the idea is that investors feel more comfortable investing capital in riskier assets, after the main market/ economy is booming and is confirmed.
What this tells you is that we are on the right Cyclical track as it happens every time on the same part of the Cycle. The stock market has left the 2022 inflation correction/ Bear Cycle back for good as it recovered all loses and is entering a new phase of expansion, and Bitcoin being closer to its Halving, is about to initiate the Parabolic Rally part of its new Bull Cycle.
But what do you think? Will Bitcoin catch up sooner than expected this time? Feel free to let us know in the comments section below!
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AVAXUSD $55.00 is on the cards but then expect correction.Avalanche (AVAXUSD) hit all of our targets during November's run (see chart below) and even broke above the 1W MA100 (green trend-line) for the first time ever:
This resembles the incredible rally of January 2021, even though it has been executed during a different time period of the global Cycle. Nonetheless, one last spike to the 1.786 Fibonacci to make a February 08 2021 type High, is expected (target = $55.00) but then most likely the market will correct back to the 1W MA50 (blue trend-line). After that, our long-term target will be 105.00 (Resistance 1).
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BTC bullish CLASSIC divergence rsiBTC bullish CLASSIC divergence rsi
RSI Hidden Divergence Trading Examples
Some traders identify a hidden divergence and jump into the market immediately. But I find it more useful to think of a hidden divergence as an alert for possible continuation setups.
Once the alert is issued, we can start looking for continuation trade entries. Short-term bar patterns are helpful at this stage.
Trading Tips And Review
As we’ve pointed out, when marking hidden divergences, the choice of the first swing pivot is critical.
Choose a solid pullback swing that stands out on the chart. It leads to a more reliable RSI hidden divergence. Don’t choose a meandering sideways consolidation.
If you review the examples above, you’ll find a few regular divergences as well. Regular divergences point to reversal, while the hidden ones get you into pullbacks. Such conflicting signals present a problem for our analysis.
But unless other factors support a reversal, give more weight to hidden divergences. (Examples of reversal factors are climactic volume, significant support/resistance, and prolonged congestion.)
Finally, let’s wrap up by reconciling the standard RSI strategy with the hidden divergence.
Recall the standard oversold and overbought RSI strategy. When the RSI falls below 30, we buy; when the RSI rises above 70, we sell. This basic strategy uses arbitrary levels of 30 and 70.
Think of the hidden divergence approach as necessarily the same strategy.
However, instead of 30/70, we use oversold and overbought levels implied by the first swing pivot. (For instance, in Example #1, we were using RSI value 55 as the oversold level.) Hence, this approach seeks to adapt to current market conditions.
If you want to learn more about hidden divergences, check out this review on the MACD Hidden Divergence.