ICT Concepts Nasdaq Weekly Bias is Bearish 14/18 Oct 2024Smart Money Concepts Used ICT 2022 Mentorship and Core Content Weekly Index Market is Bearish. It Is Not Investment Advice. Its All up to Your Experience And Risk Management
Economic Cycles
COT Analysis Summary - Energy SectorA few weeks ago, I was calling for longs in CL, HO & RB based on the COT strategy. The move is underway, but based on new analysis this week, I would look to take further long entries in these energy markets. There are currently no COT strategy setups for NG.
Down Down Baby - BTC Short Term RetracementI'm pretty confident that we will retrace back to mid 40's - Then go on a parabolic run.
This doesn't mean sell your position.
I would stay put and wait for the turbulence to play out. The market will always decide the price action.
***Not financial advice**
Bitcoin out line chart for the coming weeks #btcjust a look back at how bitcoin has moved and my guess of where it might go.
Microsoft (MSFT): Decision Point – Will It Hold or Drop?Since our last analysis on Microsoft, not much has changed in terms of price action, as it rose to $469 before getting stuck again at $416. However, there is one major development – Microsoft has formed a new trend channel. We have marked this crucial channel in red and labeled it "Must hold for more upside," emphasizing its importance. A major decision is approaching for $MSFT.
Either Microsoft holds this channel, leading to a surge higher, or it loses this level, which would confirm the bearish head and shoulder pattern. We've maintained a bearish outlook on Microsoft since January 2024, and recent developments seem to support our analysis. For now, we're patiently waiting and letting the market decide.
If Microsoft loses the channel, we could find initial support for wave (A) around $316-306. However, a better buying opportunity for wave II may present itself closer to $220 – though reaching this level will take some time. 🫡
In the 4-hour periodIn the 4-hour period, it will most likely hit its previous ceiling
BITFINEX:SHIBBTC BINANCE:SHIBUSDT
Potential Wyckoff reversal pattern BTCUSDHi everybody.
I want to pick your brain about my swing trade / position trade entry idea on BTC.
Investment thesis:
FUNDAMENTALS:
Long Term: Liquidity expanding + China Stimulus / Raoul Paul GMI concepts.
Time based: End of quarter rally + cycle stage should come with a rally.
TECHNICALS
Weekly: FVG in Support tested several times.
Daily: Daily wicks and Bullish FVG
Hourly: Wyckoff (sort of) strucutre: Sell climax + penetration + BOut Res + retest
RR: 3:1 approx.
monthly time frame, FlowUsdtmonthly time frame,good candles are a sign of a good price rise
#spot
#flowusdt
Short trade
Sun 28th Sept 24
8.00 pm
LND to NY Session PM
Pair DE30EUR
Entry 19464.5 (0.25%)
Profit level 18936.1 (2.71%)
Stop level 19512.6
RR 10.99
Trade entry reason:
High vol RedK & Vol analysis indicators:
High Volume RedK (Red Candlestick): The presence of a large red candlestick likely indicates strong selling pressure, which suggests bearish momentum in the market.
Volume Analysis indicator: Increased trading volume in conjunction with the red candlestick supports the downward move, making it a solid setup for a sell-side trade.
Target
Support zone 18912.1 to 18935.5
BTC to 57kload up on sells if u can BCS its about to go down
I'll show you lower time frames
15m
1m entry
Pre-NFP Analysis - Technicals Align For A Bearish DollarAfter an aggressive appreciation of the dollar, we see the DXY trading within the 1D 1-sided FVG and now within the 1D range EPD. While I'm positioning myself for a sell off, I'd be wear of further appreciation as a result of NFP volatility before the real move takes shape over the course of the month.
While I'm observing multiple scenario's on most pairs, my primary biases are as follows:
EURUSD - SHORT
GBPJPY - SHORT
USDJPY - SHORT
AUDUSD - SHORT (Wildcard)
6j Yen Short SwingsI have been watching the Yen carefully since July. This upswing has provided a healthy reset but current price action represents the tide turning back to the short side which fundamentally supports Japans struggle to maintain currency value. The risk/reward makes sense to me and I'm actively watching for swing shorts with .006700 target. The daily chart is presenting a great entry point as old support now becomes resistance.
I'll post the entry if/when it's made. Timeline is before November (US Elections)
HO Time CycleThere’s a 518 day time cycle from the 2 previous major lows to today. There’s also a falling broadening wedge breakout, DMI cross (not shown), and escalating regional conflict in the Middle East. Iran has launched ballistic missiles at Israel. There is a major downtrend but it’s far enough overhead that there’s headroom for upside. The trend seems vulnerable to failure, all things considered. This analysis establishes a bullish daily bias. Intraday long setups may be necessary for a good entry.
Reef/usdt#Reef
The price is moving in a ascending pattern on the 4-hour TF
We have a trend to stabilize above the 100 moving average
Rbs MF
PEPE forecast price🐸 1000PEPEUSDT.P Technical Analysis:
We’re currently at a critical support level around 0.0088004 📉. If price stabilizes below this area, expect further drops to the 0.0076411 zone, marking a potential 13.04% decline 📉.
However, there's a descending trendline ⤵️ pressing the price down. A break above this line would be a sign of reversal 🔄, targeting the first resistance at 0.0095467 💥. If the price holds above this point, it could trigger a bullish move towards higher resistances at 0.010237 (a 10.74% increase) and then to 0.0118714 (a 19.64% increase) 📈.
Key strategy: Watch for volume spikes 📊 and wait for a clean breakout above the descending trendline for a potential buying opportunity 🚀. If support breaks, prepare for deeper pullbacks ⬇️.
Stay sharp and manage your risks properly! 🛡️"
4 Year BTC Cycle - My Thoughts All forms of existence come in cycles. Everything cycles up and down. Everything is essentially a frequency. What do frequencies consist of; Top bands and low bands, or in other words, 'cycles'.
Everything in the universe is composed of frequency, including bitcoin, and luckily we can calculate it through math; Through the fibonacci sequence.
This is my prediction for this 2025 Bitcoin cycle. A potential top of ~175k (1.618 fib) or ~526k (2.36 fib) followed by a health retracement back down to its legacy trend line of ~75k.
These targets are rough numbers, respectively. Let's see how it pans out.
Potential trade setup on GBPUSDWe are looking at a short trade on GBPUSD based on the stretch strategy. There is direction alignment with this trade, though the trend is still uptrend phase 2. Trade has taken out the lower stretch. We will exit the trade once range has been acheived.
Trader Order Details:
GBPUSD(Short)
E - 1.3274
SL - 1.3307
T - 1.3217
We will be tracking this move and updating the post as we go along on the charts and on video. Keep a look out for it traders.
Solana needs to collect each postionsHi dears .
we are in strong Long Term buy in solana but now its time to take a profit from losing the price
you can Comment "1" to tell you whats is going on now
Do not forget that price will touch this green FVgs to catch all postions and make some liquidity
@TradeWithMky thanks for you attention ♥
@TradeWithMky 91% winrate in TradingView 🔥🔥
AAPL's clear path to $4T market cap
Apple has been in this consolidation box for 1,190 days i.e., 3 yrs, 3 mos. It broke out on strong volume, followed through and then back-tested. What does this mean?
If we are still in mid-cycle in this long duration secular bull trend, and not late cycle, then this break-out has legs to go. Couple of fundamental catalysts: iPhone 16 super cycle, refreshed Watch, AI assistant and new wearables e.g., hearing aid.
The previous trading range peak to trough was 30%. If we were to assume the same trading range in this new peak trough, what would upper price be in this range? ~$258.
And what is the market cap if it hits this price? $4 trillion.
The next target of the Bitcoin cycle is the historically MVRV?Bitcoin's price is currently overbought locally. Yesterday, the price reacted with a decline of 4.9%. This was the first response, and now it’s important to hold the level of $62,700–$61,800. A breakdown below this level would signal a trend reversal to a downward trend with the first target being the imbalance zone at $52,500–$49,550, as marked on the chart. I would like to see investor support manifest in this imbalance zone, but if I don’t observe sufficient buying volume, I will expect a swift reversal and a breakdown towards the key on-chain level, the MVRV Pricing Bands (-0.5sd). This is a critically important level from which strong Bitcoin trends have historically formed in a broader perspective.
In a positive economic environment, there is a chance of a rebound from the $62,700 support zone, possibly forming a divergence and a potential double top. The reaction of sellers during the bounce from $62,700 will play a significant global role. If the price consolidates above $67,000–$68,500, then we could see a BullRun!
ETH Price Analysis: Eyeing a Sell Opportunity Near Key ResistancAfter finding strong support around the 2150 zone, Ethereum (ETH) began a recovery and has since entered an upward trajectory.
While this recent upward movement is encouraging for short-term traders, the overall long-term outlook remains uncertain. There is a strong confluence of resistance around the 2900 zone, which may pose a significant barrier to further gains.
In my analysis, despite the recent rise, Ethereum bulls are not entirely in the clear. The market is still vulnerable, and there is a strong possibility of another downward move, potentially pushing the price below the critical 2000 level before we see a genuine reversal and a more sustained uptrend.
In conclusion, I'm looking to sell if Ethereum approaches the resistance zone, especially near the 2900 level.
My target will be at least the recent lows, as I anticipate that the market may struggle to break through this key resistance.
However, this bearish outlook would be invalidated if Ethereum sees sustained buying pressure above the 3000 figure.
IoTeX | Long Term Profits Plan Hello traders!
There's hype in the air as BTC has moved within a bullish wave even though we are inside a descendant channel point. So, it could either re-test resistance at about 70k again or get back inside the range. So here's an idea to use in the long term for IoTeX
1) Price has been in a range for a long time and within this range best zones to buy would be at: 0.013 - 0.021 these may get re-tested before the bull run so you can set up some price alerts. Or if you feel brave you can enter at 0.031 which is the current monthly support
Verify entry points at lower time frames with the strategy of your choice.
2) TARGETS: The nearest one would be 0.060 - 0.070 but within the range it could go up to 0.10 but if that happens then the range would be broken leading to an uptrend which must coincide with the bull run so before it happens, it will drop heavily so I suggest to TP safely at 0.060 - 0.070 for the time being.
This idea is to spot for the long term. This asset is still in a balanced mode; there hasn't been a breakout of the range yet. However, it's worth noting that there's a bullish triangle pattern on the daily timeframe playing out right now.
I hope you find it useful and are able to take advantage of this idea.
Kina Tip of the Day: Take profits partially even when they don't seem much because, in the long run, they will grow in a balanced way with the rest of the portfolio.
Keep it shiny ⭐
Kina, The Girly Trader
