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Economic Cycles

Bitcoin distance from BMS 👀 #Bitcoin distance from Bull Market Support Band As I said all last month, the mark of 74k was our local peak, you can even tell a mid-cycle peak. 📝The geopolitical upheaval was just the last drop of what was supposed to happen. Taking into account the other earlier mentioned facts soon, I do not expect new maximums to be taken, I think it will happen in a few months. 💡Against this background, there are now quite a lot of good opportunities with altcoins, many projects we just recorded tenfold profits and now there will be an opportunity again to get new projects that are currently attractive for investment in the green zone.🚀
BNC:BLXShort
by FeelsStrategy
🚀 AAVE Long Trade: On-Chain Data Signals Green LightHey traders, buckle up! It's time for a ride on the AAVE rocket 🚀. Our Big Data analysis has uncovered a juicy opportunity that could have your portfolio blasting off to the moon! The Lowdown on AAVE: We've been crunching numbers and analyzing on-chain metrics for AAVE, and let me tell you, the signs are looking bullish. Historically, when transaction value parameters start dancing downward like they're doing now, it's like a green light for AAVE's price to soar. We're talking a median increase of about 28% over the next month! 📈 But that's not all – we're riding the rising composite term cycle, and the peak of it? Scheduled for May 4-5. Mark your calendars, folks! (if old man Edward R. Dewey didn't lie to us all this time - strongly recommend his works). What's Cooking: A dozen of similar occasions in the past to cook up this delicious projection. Picture this: more than 85% of the time, when we've seen these conditions, AAVE has been on a one-way trip to Profitville. The Plan: We're setting our sights on a 1-month horizon for this trade. Why? Because that's where the magic happens, my friends. It's like clockwork – the data shows us that this setup has delivered the goods reliably over time. Plus, the risk-reward? Oh, it's looking sweeter than grandma's apple pie. 🥧 Altseason Alert: But wait, there's more! Don't forget that the altseason is on the horizon, and we're gearing up for some serious action. Altcoins like AAVE are poised for strong growth. Get ready to ride the wave and capitalize on those sweet altcoin gains! Why Trust Us? Sure, we're talking big data and fancy analytics, but we're also real traders just like you. We've been around the block, and we know a good opportunity when we see one. Plus, our analysis isn't just throwing darts blindfolded – that's quite a strong setup repeating across several market metrics and has a great potential in our quality assessment, baby. 🌟 So, What's Next? If you're ready to ride this AAVE wave with us, buckle up and hit that "Follow" button. We'll be here, keeping you updated and entertained every step of the way. And remember, in trading, as in life, a little humor never hurts. 😉 Let's make some gains together! Stay sharp, stay savvy, and let's make this trade one for the record books! Disclaimer: Remember, trading involves risk. Always do your own research and consider your risk tolerance before making any investment decisions. But hey, where's the fun without a little risk, right? 🎲
BINANCE:AAVEUSDLong
by WealthRay
3
ADA : BIG NEWS for Cardano 👀👇📉Hi Traders, Investors and Speculators of Charts📈 In recent news we've just learnt that Cardano is being considered to assist in the upcoming voting processes! Multiple US states are exploring the potential of leveraging Cardano for enhancing election transparency through the integration of blockchain tech into the voting process. Now this does not necessarily mean that ADA coin will be involved, but it does speak to the confidence in the Cardano blockchain. This fits in well with the chart technical analysis, where we can see that the bullish news is just in time for a new bullish cycle. According to the CEO of the Cardano Foundation, some US states have reached out to discuss the development of a blockchain-powered voting system. One of the biggest concerns surrounding elections is election fraud, and blockchain provides the perfect solution. The aim is to conduct elections with increased transparency. It is high time that we use the power and possibilities of blockchain. For voting purposes, a lightweight blockchain solution will enhance the transparency and accountability of the voting processes. At the same time, Gregaard also hinted at similar discussions taking place in the UK where there have been enquires to blockchain based solutions for voting. Considering that Cardano has been in this space for a while and is well established, the probability of them collaborating in a blockchain-based voting solution is quite likely. The Cardano Foundation, like many other decentralized blockchain entities, have already incorporated blockchain-based voting into its operations to democratize decision-making. Cardano employs Catalyst, a platform enabling ADA holders to propose and vote on network projects. This way, Cardano has already proven with a working product a way for blockchain based voting. Cardano may face competition if the idea gains traction in the US. Other blockchain networks may also try to propose their initiatives and it is not guaranteed that this project WILL ultimately fall to Cardano. But Cardano is well equipped for such a challenge. Recent data shows a surge in developer activity on Cardano, surpassing even Ethereum. This suggests that developers increasingly viewing Cardano as an appealing platform with opportunities comparable to Ethereum. The influence of Cardano has extended beyond voting initiatives, as evidenced by its collaboration with the Dubai Police on a blockchain pilot project. This project aims to securely share sensitive data with global law enforcement agencies like Interpol, showcasing the diverse applications of blockchain technology in combating crime. If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck BINANCE:ADAUSDT
Long
by CryptoCheck-
GOLD continues to outperform SILVER On this chart the ratio of spot gold to spot silver is charted over time. The traditional benchmark of 75 is the horizontal black line on the chart. Above it gold is outperforming while below it gold is underperforming. Direction counts. Overall gold has been rising relative to silver since May 23. Gold did underperform as compared with silver from September 22 to the end of 2022. Silver last had any outperformance, in gold's trend down which briefly lasted from mid-March to May of 2023. Silver has considerable industrial uses compared with gold. At present, the ratio is rising making gold the better choice if trading or investing in these to metals for the intermediate or long term. This is especially true because central banks are accumulating gold most especially China whose ambition is to launch a gold-backed new currency.
OANDA:XAUUSD
by AwesomeAvani
GBPUSD 7/4/23GU following our markups from way back at the start of this year, i am really liking the look of this markup along with its sister pair EU. Overall breakdown of this pair is for the weekly chart to produce a new low... we got this last week, following that structure bring made we now have to put in our weekly high to follow down again into a new low which again will lead us straight into our overall bias which is for price to follow the down trend direction and hit the liquid sorted out our major low to the left. Hourly chart gave us a shift higher breaking our last high as marked, showing us that we are most likely going to follow the bullish trend we created from that shift meaning we either go bullish to our POI above as marked or we hit our buyside origin and come down to put in a new hourly low to then carry price higher, either of these will work for us but i am more interested in the major sells to follow after this shift. follow price action trade your plan and read what price is telling you!
by rosshayes