Economic Cycles
FIL: wait for break level📊Analysis by AhmadArz:
🔍Entry: 8.617
🛑Stop Loss: 8.432
🎯Take Profit: 8.817-9.030-9.368
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DOGE | TIME FOR A RALLY? | LONGDogecoin (DOGE) is based on the popular "doge" Internet meme and features a Shiba Inu on its logo. The open-source digital currency was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia, and was forked from Litecoin in December 2013. Dogecoin's creators envisaged it as a fun, light-hearted cryptocurrency that would have greater appeal beyond the core Bitcoin audience, since it was based on a dog meme. Tesla CEO Elon Musk posted several tweets on social media that Dogecoin is his favorite coin.
GOLD & SILVER IN ANOTHER STRONG BULLISH STATEMENT, MORE HIGHS!Gold and silver ended the week in another strong bullish rally. With this scenario, both metals have indicated a strong statement to potentially create more highs.
N.B!
- XAUUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast.
- Let emotions and sentiments work for you
- ALWAYS Use Proper Risk Management In Your Trades
#gold
#xauusd
AUDUSD May Have Found Support Level After Another Rejection WeekWith the pair having another rejection week, AUDUSD maybe ready for a rally the upside!
N.B!
- AUDUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast.
- Let emotions and sentiments work for you
- ALWAYS Use Proper Risk Management In Your Trades
#audusd
#aussies
EURCHF Longer Term Shorts - Massive Consecutive Candle count Really like the idea of shorts on this pair for a number of reasons, well 2 mostly! Firstly we're back up at the top of a descending channel and this pair has been falling for a long long time. And more perhaps more importantly is that the consecutive bullish candle count has never been this high since 1993 - it doesn't happen often and when it does it falls over. It's a probabilities play for sure but one I'll be taking.
Consolidation nearly over . next station 80 and 90k .As you see BINANCE:BTCUSDT has been consolidating at the all time high for about 5 weeks now .
I believe that this consolidation is nearly over and we can go up to 83k and 90k in the coming weeks .
Stack your alt coin bags before halving we are going to the moon .
disclaimer . we might have another quick liquidity grab towards 60k before going to moon .
Stocks, Inflation, Unemployment, Yield Curve, and Interest RatesPeriods of high #interestrates, low #unemployment, high #inflation, and an inverted 10/2 #yieldcurve since 1976. What do you notice? An increased probability of a stock market recession and high unemployment within months of cutting interest rates and a reverted yield curve?
Buy trade for get sell📊Analysis by AhmadArz:
🔍Entry: 65320
🛑Stop Loss: 64551
🎯Take Profit: 65832-66491-67353-68098
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
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AVAX: sell in trend📊Analysis by AhmadArz:
🔍Entry: 46.22
🛑Stop Loss: 47.59
🎯Take Profit: 44.77-42.68-40.09
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
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Here is intraday swing forecast for GOLD, heading towards 2300As we expected in 2023, we know any limited supply commodities will lead to an All Time High caused by FEDs monetary policy
When we combine with Gann Method on how he predict everything, we know it will really happens for sure.
Now we can see that GOLD and BTC will reach All Time High as soon as possible
Watch the time and date we have mentioned in the analysis, time will control as swing reversal while price will control market behavior. While yellow line in Gann Fan act as fair value slope, so price will be back on that yellow line before it change its direction
XOM is on a Slippery SlopeXOM near ATH. With Bearish Divergence on the Monthly, I’m expecting a break out and rejection. Once the shooting star candle forms on the weekly, enter below the close with a 5M time horizon. I’m eyeing the 105P or 100P for September. Judging by Volume and Open Interest, I’m expecting a large move down in conjunction of an economic event.
Litecoin - DON'T miss this SECOND CHANCE on LTC📉Hi Traders, Investors and Speculators of Charts📈
Litecoin / LTC is an altcoin that still has massive upside potential for the coming bull season. If you have been following me for a while, you'll know I've been saying we are trading in the opening moments of a new bullish cycle . I've also referred to this as Elliot Wave Theory Wave 1.
According to my plan, this is the first impulse wave towards the upside. But the upwards wave are always followed by correction waves; a natural part of any cycle. I expected the correction phase to be close to/ before the BTC halving which is in April .
So far, we're starting to see what looks like a pullback across all crypto's. BTC corrected from 48k to 41K, and currently the bears are controlling the lower timeframes. HOWEVER - this is a great opportunity to get in at lower prices before the second impulse wave starts.
The second impulse wave is know to be the biggest one, with the biggest increase - and that's what we're looking forward to after this correction is over.
For the near term, I'm expecting LTC to trade range between the upper resistance and lower support as pointed out on the chart. This is a great re-accumulation zone, incase you missed the first one.
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
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CryptoCheck
BINANCE:LTCUSD.P BINANCE:LTCUSDT COINBASE:LTCUSD KUCOIN:LTCUSDT
GOLD POTENTIAL ENDING DIAGONALWe are currently in a 5th Wave of a GOLD cycle on the weekly timeframe.
This 5th wave is what we see currently developing as a potential ENDING DIAGONAL
If we are able to see a strong reversal pattern from where price currently is, that may be the beginning of the 4th wave of the ENDING DIAGONAL
DJI Bearish DJI outlook: Monthly and Weekly, i feel with the current economic climate and the world being on fire, especially the supposed banking crisis just around the corner, its hard not to feel the recent bullish action since Oct 2023 was a melt up to allow large money institutions to exit at the best possible prices.
Prev ATH was ran through completely, and i anticipate the index retracing back to test support at the blue zone/50% level of the weekly range.
My favorite chart in crypto right now- $LQTY. 140-700% upside?$LQTY has been in a downtrend for over 2 years, recently broke out of it and then retested the trend line as support.
We've had an initial thrust off the bottom and have now retraced 60%+ from that move, which leads me to believe, it's finally time for this thing to start it's real run higher.
We're currently testing the bottom of the cloud, if the cloud holds as support, then I think we'll see a large move higher.
The first resistance I'll be looking for is $4.40, however there's potential that we could see continuation all the way up to the final resistance in the $14 range.
Let's see how it plays out over this month.
Short opportunity on SPXSPX index showing bearish divergence on RSI. While price have been moving up steadily for the last two months. RSI doesn't seem to track price instead it has been falling. This bearish divergence indicates there could be possible correction in SPX. From past correction, I guess it could be around 10% where there is a good support. Also this correction can be welcomed so we don't see a bubble burst scenario.
Hope you like this analysis. If you like please boost the idea or leave a comment on your thought. Otherwise, happy trading :-)
Lost Worlds near bottom of rotationLost Worlds has rotated for quite some time now.
You can see on the chart the previous weekly bull divs formed on Nami indicator signaling 300% rallies to the upside.
Im simply looking for these bull divs to form in the coming weeks to degen long for a 300% move. Unless the project dies.
However Chico Crypto did an interesting video on their recent connection to amazon as a gps nft pokemon go ingres type of venture. We will see later on if this reveals to be true.
I consider this a "set it and forget it" type of play.
Paper trading only
Not
Ever
Financial
Advice
Could XRP hit $100? Charts hint at a Big moveA simple analysis of Ripple (XRP) charts reveals a rising potential for this cryptocurrency. While we cannot predict the future with certainty, cyclicity and indicators certainly suggest a significant price increase is on the horizon. The XRP can hit a much higher price point, possibly exceeding $50. 💰
DON'T FORGET , popularity matters too! XRP is currently holding strong at number 6 on CoinMarketCap ...or are The Simpsons's creator fingers in this? 😃
Share your thoughts about Ripple's future! 🤔
(Not Financial Advice)
Why we took brent at low risk and channels?In this live trading video,we look at why we took the Brent oil trade at low risk using price and volume on our 100k traders challenge account. We explore the use of channels with relation to the smart money framework. The concepts and ideas in this video can be cross transferred onto any strategy.