Economic Cycles
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
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.
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
Catizen(CATI) Analysis==>FallingCatizen Telegram game has been listed with BINANCE:CATIUSDT token in various exchanges for less than 5 days .
What is Catizen!?
Catizen is a revolutionary gaming bot on Telegram that seamlessly integrates the Telegram & TON blockchain, transforming Web3 access by enabling practical mobile payments. By leveraging Telegram's immense traffic, Catizen aims to establish a Web3 traffic nexus on a scale of hundreds of billions. Catizen will become a mini-app center, combining the unique features of Launchpool with short videos and e-commerce, attracting and engaging users through gamification and strategic Play-to-Airdrop initiatives. This innovative approach aims to revolutionize the way users access and engage with the Web3 ecosystem.
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The opinions of Telegram users about this game are that those who spent money in the game were awarded more tokens and the number of CATI tokens did not depend only on the level of your cats in the game, and I think this was a weakness of the game and the criticism of many users brought along
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In terms of Technical Analysis , Catizen(CATI) has succeeded in breaking the Support lines and the Support zone and it is likely to decrease at least until the next Support zone .
Did you participate in the airdrop of Catizen Telegram game!? Your personal experience of this game!?
Catizen Analyze (CATIUSDT), 1-hour Time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
$WST longI've entered a long position in this charts. The reasons for this are the following:
After the low of the 25th July this stock makes contineously higher lows
A few days ago we had a bullish crossover of the SMA 30 and 50
I see the macro situation for US stocks in the following weeks rather bullish (the bullish Q4 is about to begin and the FED has lowered the interest rates)
What could go wrong is that we see another downward move and re-test of the 38.2 % Fibonacci level. Otherwise I see the short-term upward move as more likely.
Energy Cycle Materials has just fired off and the next big sectors to look at are Energy and Utilities.
Here are the charts I am watching
- White is XEJ,
- Yellow is US Oil Price,
- Blue is Natural Gas, and
- Orange is the Coal Price.
Coal bottomed in January and has been on a progressive grind up for the past 8 months.
Gas bottomed in March and then put in a convincing HL in June.
Oil is being used as a political play for the Democrats heading into the election.
As soon as the elections are over, there is no longer a need to manipulate oil prices, also as the Northern Hemisphere starts winter the energy usage and costs begin to soar.
Everything works in cycles - The Energy cycle should start in November and run for 18-24 months.
That is when the Energy Sector will start to fire.
So its time to plan your Energy and Utility trades for November / December entries
OP & ALTs Resistance While I remain very bullish on crypto and alts I think this recent pump is not quite the true breakout.
I like the OKX:OPUSDT chart because it's price action has been a nice cheat sheet/ indicator for where the crypto market is. Significant peaks are usually the tops and clear support zones are usually the bottom in the market.
OP here seems to be replaying the same structure as last year. If it breaks out of this zone then perhaps alts are on the verge of the ultimate breakout. But in the past the major breakouts usually happen after a slow and gradual drift higher.
The timing can be off but just using last year as a guideline.
These sharp moves higher are usually shorts getting liquidated and longs jumping in from short term perp leverage traders which can be unsustainable for the true breakout back to ATH or new highs. There are exceptions like BINANCE:SUIUSDT
where it shorts get liquidated, longs pile in, and lots of late spot fomo buying occurs.
What invalidates this is if BTC creates a god candle breaking the 70k level from here and doesn't slow.
It makes a little more sense to me if we see alt season towards very EOY or towards the very beginning of 2025 if crypto as a whole shows strength here in Q4.
A Fascinating Cycle in the S&P 500's ($SPX) Century-Long JourneyExplore this intriguing pattern in the S&P 500's performance over the past century, as highlighted by analyst Jay Kaeppel at Sentimentrader:
- The Mid-Decade Boost:
Remarkably, the 18-month period starting from October of a '4' ending year to March of a '6' ending year has consistently seen positive growth in the equity markets for the last ten decades
- Visual Evidence:
The accompanying chart illustrates the S&P 500's SP:SPX performance over the last 100 years, specifically highlighting the gains from October of years ending in 4 to March of years ending in 6
- Historical Success:
We're on the cusp of this period once again. Historically, this timeframe has been lucrative, with the 1930s showing an impressive 64% return, while the 2010s saw a more modest, yet positive, return of about 4.5%. On average, returns of 35.8% were achieved during this periods
- Cautionary Notes:
While history provides a pattern, it's not a definitive predictor. Major fluctuations can and do occur
Moreover, Jay points out that the current Shiller PE ratio stands high at 36.83 this October, potentially capping the upside when compared to starting points past decades in October of years ending in 4
-> Your Thoughts?
Given this historical trend, do you believe that the trend in this decade will be positive again in the next 18 months, or do you believe that the current economic indicators make the patterns of the past irrelevant?