Long trade
Pair USDJPY
NY Session
8th July 24
Buyside
1hr TF Entry
2.00 pm
1Hr TF Entry
Entry 160.759
Profit level 161.010 (0.16%)
Stop level 160.674 (0.5%) RR 2.95
Economic Cycles
you're going to thank me laterRespecting the Breaker Block that was created when the price didn't form a lower high, the price will mitigate it before moving downward where the is imbalance, liquidity and an institutional candle waiting to be mitigated as we are on an overall bearish trend
Copper - Once again a snapshot of the '05 era compared to now
1989 - 2004 experienced years of sideways action then to a final blow off breaking out of pattern onto the next level. This blow off then resulted into a financial crash.
From 2006 (the first top of the '08 crash) to 2023, the market has also been sideways exactly like the past but of course in its own unique way.
Based on analyzing coppers trade pattern it seems that we're located in the times of 2005, three years before the '08 crash.
lets say the market is due to crash in ~2025 this exactly lines up with the clues in the past to say the market will crash in 2026.
With this data you can match your research to add confluence in your investment strategy, trade ideas, and much more.
*Not Financial Advice - DYDD*
2024 Historical Monthly Chart BTC USD Stochastic RSI DirectionIn BTC USD, practically every time the monthly Stochastic RSI has reached 100 and the fast RSI crosses the slow RSI there is about a 45% to 75% drop in value as a correction.
The BTC low target would be $29,000 to $41,000 for the next 6 months prior to the post-halving bullrun going into 2025.
Monthly chart and Stochastic RSI shows directionIn BTC USD, practically every time the monthly Stochastic RSI has reached 100 and the fast RSI crosses the slow RSI there is about a 45% to 75% drop in value as a correction.
The BTC low target would be $29,000 to $41,000 for the next 6 months prior to the post-halving bullrun going into 2025.
Predicting Bitcoin's Next Cycle PeakTrading Idea: Accurately Predicting Bitcoin's Next Cycle Peak with Bitcoin Rainbow Wave
Introduction
Accurately predicting market tops is a grail-like pursuit for many traders. While it's impossible to pinpoint the exact peak with absolute certainty, technical analysis tools can provide valuable insights into potential price zones. Bitcoin Rainbow Wave emerges as a promising tool for identifying these areas with remarkable precision.
Bitcoin Rainbow Wave: Unveiling Market Cycles
Bitcoin Rainbow Wave is a technical indicator that combines logarithmic growth, time-based cycles, and market sentiment to paint a comprehensive picture of Bitcoin's price trajectory. It effectively captures the cyclical nature of Bitcoin's bull and bear phases, making it well-suited for identifying potential tops and bottoms.
Identifying Highs and Lows with Triangle Zones
By employing triangle zones, we can further refine our analysis and pinpoint potential areas of maximum profit or risk. Triangle zones are formed by connecting two significant price points, creating a visual representation of support and resistance levels.
Historical Accuracy
Bitcoin Rainbow Wave's effectiveness is based on on 6 previous Bitcoin cycles. (3 cycles was formed even before the first halving). The indicator has consistently identified zones of maximum buying (blue triangles) and selling (red triangles) with remarkable accuracy.
Predicting the Next Peak: A Data-Driven Approach
Leveraging the power of Bitcoin Rainbow Wave and historical data, we can make an informed prediction for the next Bitcoin cycle's peak. Based on the indicator's projections, the next peak is anticipated within calendar year 2025.
Recommended Selling Zones: Maximizing Profits
To maximize profits during this potential peak, consider selling within the recommended price range of $200,000 to $250,000. A more conservative approach would be to target the $220,000 to $230,000 zone.
Conclusion
While no indicator can guarantee absolute precision, Bitcoin Rainbow Wave stands out as a powerful tool for identifying potential market peaks with remarkable accuracy. By combining its insights with triangle zones and historical data, traders can make informed decisions to navigate the cyclical nature of Bitcoin's price movements. Remember, always conduct thorough research and employ risk management strategies before making any trading decisions.
3 days of breakout traders in the market !!! COMEX:GC1! TVC:GOLD
first green week achieved, (see previous idea on gold)
now , we have a 3 days of breakout traders in the market, a very strong selling opportunity, i think alot of people like 3 bar reversals, im not the only one, but i would be patient, see if they trigger buy stops further, i could totally see them continuing to drag shorts higher and higher for the sell high wednsday. but we will see. i am definitely a bear on gold , just looking for the signal day to confirm it. tomorow i will be looking for selling opportunity. whether it be swing or scalp , is unclear, but 3 days of BO traders is a strong sell for me. personally i want to see gold close as first red week template (attempt to go higher but close below fridays closing price ) for the sell high opportunity following week.
may the markets be with you all!!!
Stay Sturdy Traders!
SPX ~ 5800 Possible VariantAfter the covid monetary policy, and helicopter money handouts, the cycle of tightening and rate hikes to fight inflation began. At this point, there is already talk that it is time to lower the rate, although let's be honest - inflation has not gone anywhere, and continues to grow. In this case, we will get a secondary inflation already structural, which again will have to be flooded with free money.
Apparently it is obvious only to me that it does not work and Mr. Powell is making the same mistakes that were made by all Fed chairmen before him:
Paul Volcker 1979 - 1987
Alan Greenspan 1987 - 2006
Ben Bernanke 2006 - 2014
Janet Yellen 2014 - 2018
In this situation, which will happen again with a 95% probability - The SPX index has the option of developing a diagonal triangle, which in Wave Theory has a form called a Ending Diagonal.
BTC Local View Correction $28k - $27kAfter a strong impulse of 30% / $7000.
Bitcoin gradually declines in a zigzag-like correction
Targets $28k - FWB:27K
BTC DAILY ANALYSIS after taken liquidity sell side and retest fvg sibi we will see an expansion to taken liquidity buyside of equal high
- Tading is probability control your risk management.
Good luck !
what's going onIf I want to be honest. I expected the F area, which used to be our daily demand area, to cause a reversal, but it didn't happen.
Area B is a demand area on the weekly time frame. We expect a response from it.
Here's How You CONSOLIDATE Your Portfolio Into WinnersGoing through my entire portfolio to judge performance vs Solana, which has been my golden goose this cycle.
I bought TSX:FIL in October 2023.
If I put that money in Solana instead, I’d be up 345% vs breakeven right now.
Obviously I’m selling that position here and flipping it into CRYPTOCAP:SOL
How to compare:
Jump onto TradingView and on the chart name type:
BINANCE:SOLUSDT/BINANCE:FILUSDT
You can swap out tickers and exchanges to compare your own portfolio.
Some Hopium for 2024 Cycle, Lets See How Well This Ages For FunComparing the 2 previous bull run cycles to the now current cycle using approximate scaling to compensate of overall size of each run. Notice the moving averages are relatively similar, also RSI, Stochastic and Aroon Indicators are in the same ballpark when considering scaling time for the higher capital size/price. Like most I felt we were further into the cycle but did consider the possibility if we were to drop and break the local parabolic curve we could just be setting up for a longer and larger bull cycle, especially since we had such an early start this time. Good hopium I suppose, and will see how good or bad this ages, will see if that scaling the chart will show some truth to my hypothesis, I am publishing this right after today's closing loss of the 200 MA on the Daily timeframe.
Bitcoin for long-term📈 **Analysis of EZ7_strategy** 🏆
In this comprehensive review, I have meticulously examined the confirmations provided by my trading strategy (based on price action) and have drawn the following conclusions.
1. The initial analysis suggests patiently awaiting the attainment of the channel ceiling, with a subsequent observation of an overbought condition in the RSI zone at the critical price point of $53,256. ⌛️
2. The secondary analysis revolves around reaching the support floor at $28,580, serving as the primary support level, strategically aligned with the breaking zone of the bullish area at $28,580. 🎖️
3. There exists a 50% probability of Bitcoin touching the price level of $18,387, introducing an element of uncertainty in the market dynamics. ✨
4. Our primary target for resistance lies at the $64,485 level, with the secondary target closely aligned with the termination point of the second logarithmic function, reaching $80,000. 🚀
By leveraging these insights, investors can make informed decisions not only in Bitcoin but also in other cryptocurrencies. 🙏
Your support through likes and comments is crucial, empowering me to provide you with more refined and insightful ideas. ❤️🚀
Bitcoin establishes new support level around previous ATH closeMany people have been losing sleep over the Bitcoin price action so I wanted to provide some technical analysis to show where we're possibly headed. I have a theory with data to back it up. If history repeats itself I believe Bitcoin has established a new baseline support level around $55k.
If you take a look at the Bitcoin chart on an 8-week time interval going all the way back to 2015, you can see every new all time high has a similar period of around 3 years of retracing back to the same level, before breaking through it again. Then after breaking the previous all time high, a new support level is established and price doesn't drop below the newly established support level. On this 8-week chart the previous all time high candle didn't close above $55k in August 2021. So, we have had almost 3 years of retracing back to this level and finally broke through it in Feb 2024. If my theory is true and history repeats itself, I don't believe we will see Bitcoin fall below $55k as this has become the new baseline support level.
*Of course, I could be wrong. Just a theory, not financial advice.
MNW/USDT My thoughts for 2024I share this idea, I think it will look a bit like this for the months to come.
stay wise and do not take this idea for cash, I remind you, I share this for the pure pleasure of learning.
Bitcoin - The Marco MazeHistory doesn't necessarily have to repeat! I see a lot of history based derivation for the timelines and price as to when and how high or low bitcoin can sore. As exciting and adrenaline pumping as these ideas seem, the outcome will just be as good as any coin toss! The truth however is the "macro maze" above. I've taken sensible assumptions to derive on the timelines and humanly possibe price floors and ceilings! In this environment sensible assumptions can easily turn out to be the most major blunder, so as I always say, please do your own analysis!
How to read the chart? It's quite simple, red is resistance or sell, green is support or buy. The intersections are where Bitcoin's price would likely be attracted to. There is no saying with precision when and where it would be. Kinda of like the Schrödinger's cat, you will only know when it happens. Anyone who says otherwise has a 50/50 chance of being right. Now, are you a trader or a gambler? Stay safe, peace out!
Disclaimer: These are not trading signals. Trade at your own risk!
Intel (INTC) and NVIDIA (NVDA)Analyzing the historical highs and lows of stock market prices for Intel (INTC) and NVIDIA (NVDA) provides insight into their performance trends.
Intel (INTC):
- Historical Performance: Intel has experienced periods of strong performance, particularly during tech booms and innovations in computing.
- Highs and Lows: Historically, INTC has seen peaks during technology expansion phases, such as the dot-com boom, followed by corrections during market downturns and competitive pressures.
- Recent Trends: Despite volatility, Intel's stock price has shown resilience and has been influenced by market sentiment around its product launches and competitive landscape.
NVIDIA (NVDA):
- Historical Performance: NVIDIA's stock price has surged during periods of AI and gaming sector growth, driven by advancements in GPU technology.
- Highs and Lows: NVDA has experienced significant highs during AI boom cycles and gaming industry expansions, with corrections during broader market downturns.
- Recent Trends: The stock has shown strong growth momentum, reflecting market optimism around its technological innovations and market leadership in graphics processing.
Decision Criteria:
- Market Timing: If considering historical highs and lows, NVIDIA (NVDA) may appear more favorable for growth investors during periods of sector expansion and technological advancements.
- Risk Management: Intel (INTC) could be perceived as a safer bet during market downturns or when seeking stability and dividends due to its lower volatility and higher dividend yield.
Conclusion:
- Intel (INTC): Offers stability, lower volatility, and potential value at historical lows, appealing to conservative investors and those prioritizing dividends.
- NVIDIA (NVDA): Presents higher growth potential and market leadership in innovative sectors like AI and gaming, suitable for growth-oriented investors despite higher volatility.
