TradeCityPro | LTCUSDT Potential Approval of ETFs👋 Welcome to TradeCityPro Channel!
Let’s delve into the analysis of LTC, one of the oldest coins in the market. Recently, there have been rumors about its potential inclusion in ETFs, which could attract a good amount of capital and lead to promising movements in the future.
🌐 Overview Bitcoin
Before starting today’s altcoin analysis, let’s look at Bitcoin on the 1-hour timeframe. Since yesterday, Bitcoin experienced a correction, which was necessary for the market, and it pulled back to the 102135 range. The next trigger for a long position will be a breakout above 104714.
Yesterday’s correction, coupled with an increase in Bitcoin dominance, caused noticeable declines in some altcoins. This highlights the importance of monitoring BTC pairs in your checklist these days.
📊 Weekly Timeframe
In the weekly timeframe, Litecoin’s chart reminds me of forex charts because it’s one of the oldest coins that has survived and spent a significant amount of time in a ranging market.
As a reminder, don’t develop emotional attachments to your coins. Don’t assume that any coin is guaranteed to rise. We are here to trade and improve our lives through trading. The chart is what matters. Many coins that were in the top 10 during previous bull runs no longer exist, and Litecoin remains due to its role as a payment coin.
If you entered at the 75.91 breakout trigger, I suggest holding your position for now. It seems like the news of ETF approval is being priced in, but be aware of the risk and continue holding. Breaking the 135.55 trigger will be challenging.
For a new buy entry, the current trigger is the 135.55 breakout. Until the price drops below 47.19, holding is a viable option. Personally, I wouldn’t buy into it, as even the founders of this project seem to have abandoned it.
📈 Daily Timeframe
In the daily timeframe, Litecoin shows an upward trend. After breaking the 74.72 resistance (the top of its daily box), it moved far from it without even a pullback, indicating its relative strength compared to other altcoins.
Following the 74.72 breakout, the price reached the critical weekly resistance of 136.97 and then corrected to 97.91. Drawing a Fibonacci retracement reveals that the 97.91 support aligns with the 0.382 Fibonacci level. A breakout from this level could spark a sharp new upward movement.
Currently, the price is below the critical 136.97 resistance. Buying after a breakout here would be logical and worth the stop-loss risk. Given the recent strong volume, a breakout above 136.97 with a stop-loss at 97.91 is a reasonable entry strategy.
In case of a drop, the price could pull back to the 116.76 level initially and potentially further to 97.91. However, momentum would likely weaken at this point. If 97.91 breaks, deeper corrections could occur, targeting 83.53 and 74.22, though a drop below 97.91 seems unlikely for now.
⏱ 4-Hour Timeframe
In the 4-hour timeframe, after a false breakout below the 97.91 support, Litecoin began a sharp upward movement, shifting its cyclical trend in this timeframe.
📈 Long Position Trigger
I plan to open a futures position after a breakout above 137.99 or earlier if I observe strong momentum. I’ve partially locked in profits from my entry at 104.95.
📉 Short Position Trigger
I won’t consider it as long as the price stays above 115.42 unless the price forms lower highs and lows. Even then, I’d focus on coins still in their daily range boxes rather than those with an upward trend like this one.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
ETF
BITCOIN UPDATES FOR ENTRIESWere still on a Bullrun, but we might see an clear of LONGS here!. if the premiums clear. wait for pullback.
This idea would manipulates the LONGS. or the price could go back to 78k? before we go higher.
This is only my view for now. I'm still bullish on MARKETSCOM:BITCOIN , this is not a financial advice, do your own research base on the sentiments right now.
The long-term still on 128k? probably yes, but at what timeframe.
follow for more. I will be posting daily updates on other pairs.
Come and check this out.
Daily reminder you need to rest on weekends. the market is just making liquidity.
Lock in boys.
keep stackingsss satttssss.. I believe on this coin. As we can see the US markets especially the ETFS, could drive the price high before our eyes.
What is an ETF? | The Modern Investor’s Secret WeaponWhy ETFs Are Like a Financial Swiss Army Knife ?
Warren Buffett famously stated that 90% of his wife’s inheritance would go into one simple investment: a low cost S&P 500 index fund, likely an ETF (Exchange Traded Fund). ETFs, which now manage over $13 trillion in assets worldwide, combine the benefits of diversification and simplicity by bundling various stocks, bonds, or other assets into a single investment product.
1. Understanding ETFs
ETFs allow you to invest in a collection of assets that often track specific indices, sectors, or asset classes. Key benefits include:
- Diversification: Gain broad exposure without picking individual stocks.
- Liquidity: Trade ETFs like stocks throughout the trading day.
- Transparency: Daily disclosure of holdings ensures clarity about your investments.
Passive investing with ETFs has surged in popularity over active strategies due to lower fees and higher transparency
2. The Impact of Fees
While ETFs are cost effective, they do charge fees (expense ratios).Even small differences in fees can compound significantly over time, reducing long term returns:
- A 0.05% fee might cost $6K over 20 years on a $100K investment growing at 10% annually.
- A 1.00% fee could cost $112K over the same period.
Thus, keeping costs low is critical, especially for long-term investors.
What qualifies as “low cost”?
- Under 0.10%: Very low, often for funds tracking major indices.
- 0.10%–0.25%: Still affordable, typically for niche or strategy-focused ETFs.
- Above 0.50%: High; these funds require careful evaluation to justify their costs.
3. Leading ETF Providers
Major ETF providers dominate the industry:
- BlackRock (iShares): $3.2 trillion AUM, 452 funds, 0.30% average fees.
- Vanguard: $3 trillion AUM, 86 funds, 0.09% average fees, known for reinvesting profits to lower costs.
- State Street (SPDR): $1.5 trillion AUM, 158 funds, 0.27% average fees, creator of the first US-listed ETF (SPY)
4. Top ETFs by Popularity
Some ETFs hold significant assets due to their simplicity, reliability, and low fees :
- S&P 500 funds (SPY, VOO, IVV): Track the largest US companies
- Total US Market (VTI): Covers small, mid, and large-cap US stocks
- Thematic Funds (VUG, VTV): Focus on growth or value stocks
- Nasdaq 100 (QQQ): Heavy on tech companies like Apple and Microsoft
- Bond ETFs (BND, AGG): Represent the US investment-grade bond market
These ETFs serve as essential building blocks for diversified portfolios
5. Concentration in US Markets
US indices like the S&P 500 and Nasdaq 100 are increasingly dominated by a handful of companies:
- The top 10 stocks make up 39% of SPY and 52% of QQQ.
- Companies like Apple, Microsoft, and Amazon account for 34% of the S&P 500.
While this concentration can amplify gains in bull markets, it also increases vulnerability during downturns.
6. Exploring Specialized ETFs
Beyond broad-market funds, ETFs can target specific regions, sectors, or investment strategies. Choosing the right ETF mix depends on your financial goals, time horizon, and risk tolerance. For simplicity, Warren Buffett recommends sticking to an S&P 500 index fund, while globally diversified options like VT are also available.
Final Takeaway
ETFs have revolutionized investing with their low costs, transparency, and accessibility. Whether you're a beginner or a seasoned investor, understanding what's inside the ETF and how it aligns with your strategy is key to building a successful portfolio.
Preserving Wealth: Essential Investment StrategiesHave you realized that your dollars or euros don't buy what they used to? Inflation, the quiet thief of purchasing power, has become a pressing issue for both individuals and investors. In November 2024, the annual inflation rate in the United States increased to 2.7%, marking its second consecutive rise, while inflation in the eurozone reached 2.2%. Though these figures may appear modest, even slight upticks in inflation can significantly reduce the value of your savings and investments over the long haul.
United States Inflation Rate YoY (ECONOMICS:USIRYY)
The Basics of Inflation and Its Effects
Inflation transpires when the overall price level of goods and services rises, diminishing the purchasing power of money. If left unchecked, it can undermine the real value of your assets and complicate your financial aspirations. In such a climate, cultivating strategies to hedge against inflation becomes vital. Effective inflation hedging allows individuals to safeguard their assets, maintain their value, and even potentially grow their wealth during times of rising prices.
This article delves into several of the most potent inflation hedges, such as equities, global diversification, real estate, precious metals. Each approach carries distinct advantages for protecting your portfolio from the pressures of inflation.
Equities: A Reliable Defense Against Inflation
Historically, stocks have emerged as one of the most effective long-term instruments for mitigating inflation. Companies often adapt to increasing costs by raising prices, allowing them to sustain profitability. By investing in shares of these companies, individuals can benefit from their ability to pass on costs, which helps preserve and potentially grow their investments during inflationary stretches.
Certain sectors are particularly adept at thriving in inflationary climates. Consumer staples—essential goods such as food, beverages, and household products—tend to perform consistently because demand remains steady regardless of price hikes. Similarly, energy stocks often benefit from inflation, as rising oil and gas prices can directly enhance profits for firms in that sector.
However, not every stock is an ideal candidate. It is essential to select high-quality companies with solid fundamentals, such as stable earnings, healthy balance sheets, and notable pricing power. Firms operating in industries with limited competition or significant barriers to entry often demonstrate stronger pricing capabilities, making them attractive choices during inflationary periods.
By integrating thoughtfully chosen equities into your portfolio, you can protect your wealth while positioning yourself for long-term success. Stocks remain a foundational element of effective inflation-hedging strategies, offering both growth potential and a buffer against the dwindling purchasing power of money.
Equity Growth Potential: Stocks tend to grow in value over the long term, often outpacing inflation. When inflation rises, companies can increase prices to maintain profit margins, which can lead to higher earnings and, eventually, stock prices. Investing in indices that reflect a broad range of companies, like the S&P 500, can provide exposure to this growth potential.
Indices, such as the S&P 500, are statistical measures that track the performance of a specific group of stocks, representing a particular segment of the financial market. The S&P 500, for instance, comprises 500 of the largest publicly traded companies in the United States, covering various industries. This index serves as a benchmark for the overall performance of the U.S. stock market and provides investors with insights into market trends, economic health, and the performance of large-cap stocks.
Indices are commonly used by investors to gauge market movements, assess investment strategies, and create diversified portfolios. They can be passive investment vehicles, such as index funds or exchange-traded funds (ETFs), which aim to replicate the performance of these indices, allowing investors to benefit from broad market exposure without needing to buy individual stocks directly.
S&P500 Weekly chart From 2009 till today
Read also:
Global Diversification: Mitigating Risks Across Borders
Inflation does not affect all economies with the same intensity; thus, diversifying investments internationally can serve as a powerful buffer against rising prices. By tapping into global markets, investors can shield their assets from localized inflation while gaining exposure to regions with robust economic prospects or consistently stable inflation rates—enhancing the overall performance of their portfolios.
Emerging markets, in particular, present compelling opportunities during inflationary periods. Characterized by expanding sectors and rising middle classes, these economies often offer higher returns than developed nations, especially when inflation diminishes the purchasing power of domestic assets. Resource-rich countries generally benefit as commodity prices climb, propelling economic growth and creating appealing investment opportunities.
International diversification also affords the benefit of currency diversification. By holding investments in multiple currencies, you gain exposure to exchange rate fluctuations that can mitigate the adverse effects of inflation. For example, if your home currency depreciates due to rising inflation, foreign assets denominated in stronger currencies may increase in value, acting as a natural hedge. Furthermore, currencies from economies with stable monetary policies can provide additional protection against inflationary pressures.
By spreading investments across diverse global markets, sectors, and currencies, you not only reduce inflation risks but also position yourself to capitalize on a range of economic dynamics. Global diversification stands out as one of the most effective defenses against inflation in today’s interconnected economy.
Real Estate: A Tangible Investment with Upside Potential
Real estate is widely recognized as one of the most effective assets during inflationary times. As a physical investment, real estate not only preserves value but often appreciates over time, frequently outpacing inflation rates. This makes it a potent hedge against inflation for both preserving and expanding wealth.
One key advantage of real estate lies in its capacity to generate rental income. In times of inflation, landlords can often increase rents to keep pace with rising costs, ensuring that their income grows along with inflation. This reliable cash flow becomes especially resilient during economic uncertainty.
Additionally, property values typically increase in correlation with inflation, driven by higher costs of construction materials, labor, and land. Investors who retain real estate during inflationary periods frequently observe a rise in asset values, granting both protection against inflation and opportunities for long-term gains.
For those preferring a hands-off investment experience, Real Estate Investment Trusts (REITs) present an excellent alternative. REITs allow individuals to invest in a diversified array of real estate assets—such as commercial buildings, residential properties, and infrastructure projects—without the need for active management. These trusts generally perform well during inflation as they benefit from both rising property values and increasing rental income.
Moreover, real estate provides the added benefit of leveraging investments. By using borrowed funds to acquire property, investors can amplify their returns during inflation, as the value of their assets appreciates while the real costs of debt are diminished by inflation.
Precious Metals: A Time-Honored Financial Shield
Gold and other precious metals have stood the test of time as reliable hedges against inflation. During economic uncertainty and rising prices, these assets frequently prove their worth as safe havens. Unlike fiat currencies, which may depreciate during inflation, precious metals tend to maintain or appreciate in value, making them essential components of a diversified portfolio.
Gold's longstanding appeal stems from its ability to preserve purchasing power. When inflation erodes the value of paper money, gold often rises in price, acting as a shield against financial instability. Its widespread recognition as a store of value further enhances its reliability during periods of economic fluctuation.
Investors can obtain exposure to gold in various forms, including physical assets like bullion and coins, which provide tangible ownership, as well as Gold ETFs (Exchange-Traded Funds) that allow trading without logistical concerns of storage. Furthermore, gold mining stocks can offer leveraged exposure to the metal; as gold prices rise, mining companies typically see their profit margins expand, making their stocks potentially lucrative investments.
Emerging alongside these traditional forms is digital gold, allowing investors to purchase fractional amounts of gold online. This modern strategy combines the ease of ETFs with the security of owning physical gold, appealing to those looking to diversify with smaller investments.
Gold also plays a unique role in market psychology. Its historical significance and status as a "crisis commodity" render it a go-to asset during geopolitical tensions or economic downturns. Incorporating precious metals into your investment approach—whether through physical assets, ETFs, mining stocks, or digital gold—enables effective shielding of your wealth from inflation while providing the flexibility to adapt to market shifts.
Gold Futures Weekly chart from 2010 till now.
Conclusion
Inflation, while often gradual and subtle, can have a profound effect on your financial stability. By adopting astute investment strategies that hedge against inflation—such as investing in stocks, diversifying internationally, acquiring real estate, holding precious metals. As economic conditions change, staying informed and proactive will empower you to navigate and thrive in challenging environments. With the right strategies, you can not only keep pace with inflation but also secure a brighter financial future.
✅ Please share your thoughts about this article in the comments section below and HIT LIKE if you appreciate my post. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
SPY (S&P500 ETF) - Daily Price Consolidation - End of 2024SPY (S&P500 ETF) is currently in a short-term consolidation price pattern (end of December 2024).
SPY price needs to hold and rally above $583 to avoid a daily bearish head-and-shoulders resistance price pattern.
Support Prices to the downside are: $583, $577, $569, $555, $532.
Resistance Prices to the upside are: $592, $600, $604, $613, $626.
Several Key Events will be occurring in the USA, January 2025:
-CES 2025 Conference (week 2)
-Inflation Data (week 2)
-Stock Market Earnings Season begins (week 2 to 4)
-New President taking office, potential law changes (week 3 to 4)
-FOMC Press Conference (week 4)
Note: Any of the above events can cause stock market volatility and override technical charts.
Date: 12/30/2024 pm
I'm Still Bullish On Solana - Targeting $375Though Solana broke down the $204 support, it has failed to break below our white ascending trendline. This support has held and in fact has carried us upward since Dec. 20th. If my Cup and Handle is to remain valid, our support must continue to hold. If not, all bets are off. Though, the handle is a bit deeper than I'd like to see, I'm going to continue to respect this as a pattern unless that support breaks. My target remains $375, nearly a full 2x from here!
✌️Stew
Is Saudi Arabia the next new Dubai? As we go into 2025...
Have you ever thought about Saudi Arabia? If not, you are now!
Is it going to be the next new Dubai - Time will tell.
We have Trump Tower built and many other hard assets increasing within Saudi and investors seem to extending further. The growth of Saudi not only commodities advantage they hold, but the other relation matters.
That's the fact jack - Residential real estate prices and rents continue to soar in Saudi Arabia. The cities of Riyadh and Jeddah saw year-on-year sales prices jump by 10% and 5%, respectively, in the first half of 2024, according to property consultancy company JLL's KSA Market Dynamics Report H1 2024.
I'd personally be a dip buyer if we break out of this wedge and decline further for a medium term. If we are to break higher out of wedge there's great target areas.
I could go on further to discuss macroeconomic factors, see further on my Substack about 2025 outlook - Saudi Arabia, other EM countries and much more!
All the best for 2025 - Let's make it rain!
Trade Journal | Empowering Your Trading Journey
XRP in positive consolidationXRP is consolidating as it tests key support levels. I created a bullish wedge at the beginning of December, and XRP broke above and below the wedge. On December 18, XRP broke below the upward trendline, signaling a price correction or a consolidation period that might drag out longer than expected. The On Balance Volume (OBV) shows that XRP faces high buying pressure, signaling positive sentiment to push XRP to resistance levels. The Chaikin Money Flow (CMF) shows that XRP spiked in buying pressure today at 0.43 (OBV) above the zero line, locking in positions that will keep XRP in the fight to consolidate around a price average of $2.42.I posted a Fib Retracement to indicate a buying zone if XRP breaks below support levels.
Fundamental analysis - In this idea, I'm looking at a more volume-based analysis for XRP because its exposure has been rocketing lately, bringing in new partnerships, institutions, and retail. The market has been bearish lately with its recent nose dive, but XRP looks to be handling it well.
Resistance - $2.90
Support - $1.70
Chart - 12hr
What will I be doing? Dollar-cost average.
Fear and Greed Index (CoinMarketCap) - Neutral 59
IBIT Bitcoin Trust ETF Technical Analysis Trade This chart highlights a parabolic uptrend in IBIT, with price making a significant move from consolidation to new highs. The chart includes pivot levels (S1, R1, R2), dark pool levels, moving averages (8 EMA and 21 EMA), and volume, all of which help in understanding the current price action and predicting potential moves.
Key Observations:
1. Trend Structure:
The chart shows a strong uptrend supported by the 8 EMA and 21 EMA.
A breakout above the 61.99 resistance (R1) occurred recently, but price has since pulled back slightly, consolidating near 56.10, which aligns with a dark pool level.
2. Support and Resistance:
Resistance Levels:
61.99 (R1): The key breakout level, which price is currently retesting as resistance.
68.77 (R2): The next significant resistance and a long-term target for bulls.
Support Levels:
56.10: A dark pool level and immediate support zone.
53.00: Key short-term support near the 21 EMA.
47.30 (S1): A deeper support level in case of a larger pullback.
3. Volume Analysis:
A high volume breakout occurred recently, suggesting strong interest from institutions or retail traders.
However, recent volume bars are slightly lower, indicating that the bullish momentum is consolidating. This could lead to either a continuation higher or a pullback to support.
4. Moving Averages:
The 8 EMA is currently acting as immediate dynamic support, while the 21 EMA (~53.00) provides a secondary layer of support.
As long as the price remains above these moving averages, the uptrend remains intact.
Trade Setup:
Scenario 1: Bullish Continuation
Trigger: A breakout above 61.99 (R1) on high volume would confirm bullish continuation.
Profit Targets:
68.77 (R2): The next major resistance level.
70-75: A potential extension zone in a strong parabolic move.
Stop-Loss: Below 56.10, as a break below this level would signal a loss of bullish momentum.
Scenario 2: Pullback to Support
Trigger: If price fails to break above 61.99 and pulls back, look for buying opportunities near:
56.10 (dark pool level): Immediate support.
53.00 (21 EMA): A stronger support level for a bounce.
Profit Targets:
61.99: Retest of the breakout level.
68.77 (R2): Higher target if the trend resumes.
Stop-Loss: Below 52, as this would indicate a breakdown below the key EMAs.
Scenario 3: Bearish Breakdown
Trigger: A strong close below 53.00 with high volume would signal bearish momentum.
Profit Targets:
47.30 (S1): First major pivot support.
41.00-43.00: A retest of previous consolidation levels.
Stop-Loss: Above 56.10, as a reclaim of this level would invalidate the bearish thesis.
Final Thoughts:
Short-Term Outlook: Consolidation near 56.10 suggests the potential for either a breakout above 61.99 or a pullback to key support zones.
Long-Term Outlook: The parabolic nature of the trend suggests strong bullish sentiment, with deeper pullbacks offering opportunities to re-enter the trend.
Watch volume closely to confirm either a breakout or a breakdown, as institutional activity (dark pool levels) will likely play a significant role.
QQQ Trade AnalysisThis chart represents the daily timeframe for QQQ, showcasing a mix of technical indicators like pivot points (S1, S2, R1, etc.), exponential moving averages (EMAs), trendlines, dark pool levels, and volume. The chart indicates a recent pullback in a long-term uptrend, with price sitting near a key support zone.
Key Observations:
1. Trend Analysis:
Long-Term Trend:
The green ascending trendline suggests a consistent long-term bullish trend.
The price is still well above this trendline, indicating the broader trend remains intact.
Recent Pullback:
Price recently tested the R2 pivot (534.52), indicating an overbought condition, and has since pulled back.
It is now consolidating near the S1 pivot (490.80) and the 21 EMA, which are critical short-term support levels.
2. Support and Resistance:
Resistance Levels:
R1 (522.13) and R2 (534.52) are the immediate resistance zones. Price rejection at these levels confirms sellers’ presence.
R3 (553.45) is the long-term target if the bullish trend resumes.
Support Levels:
S1 (490.80): Current support level and pivot zone.
S2 (471.87): A deeper support zone near the green trendline, likely to act as a strong barrier.
Dark Pool Levels:
508.70 (recent activity) may serve as minor resistance.
496.39 and 480.70 indicate institutional interest zones that could provide support.
3. Volume Analysis:
Recent volume spike on the pullback indicates increased participation, potentially signaling a shift in momentum.
Red candles with high volume often signal distribution, but if price stabilizes near support, this could indicate accumulation by institutions.
4. Moving Averages:
Price has fallen below the 8 EMA, signaling short-term bearish momentum.
However, the 21 EMA near 490.80 acts as a critical level. A rebound from this area could indicate a resumption of the uptrend.
Trade Setup:
Scenario 1: Bullish Reversal from S1 (490.80)
Trigger: A bounce off the S1 pivot and reclaim of the 8 EMA (~508.70) would signal a bullish continuation.
Profit Targets:
508.70: Dark pool resistance and 8 EMA level.
522.13 (R1): Swing high and key resistance zone.
534.52 (R2): Longer-term resistance.
Stop-Loss: Below 486, as a break below this level would invalidate the bullish thesis.
Scenario 2: Bearish Breakdown Below S1 (490.80)
Trigger: A strong close below the S1 pivot with increasing volume would confirm bearish momentum.
Profit Targets:
480.70: Dark pool support.
471.87 (S2): Pivot support and intersection with the green trendline.
459.48 (S3): Deeper downside target.
Stop-Loss: Above 500, as this would indicate a reversal back above key support.
Scenario 3: Long-Term Reversal Near Trendline Support
If price continues lower, the green trendline near 471.87 offers a high-probability buying opportunity, especially if accompanied by lower volume on the decline.
Final Thoughts:
Short-Term Outlook: Consolidation near S1 (490.80) requires confirmation of direction. A breakout above the 8 EMA would favor bulls, while a breakdown below S1 opens the door for further downside.
Long-Term Outlook: The green trendline and dark pool levels suggest strong institutional support on deeper pullbacks, keeping the broader bullish trend intact.
GOOD BTC ENTRY !! SL 59K TP 72KREASONS WHY !!
Market Sentiment and Momentum:
Bitcoin soared in 2023, and experts predict further gains in 2024, potentially reaching $80,000.
Despite long-term optimism, Bitcoin experienced a recent dip.
Technical indicators suggest potential downside, but the market remains in a tug-of-war.
If buyers can push past the $44,700 resistance, a jump to $48,000 is in sight.
Spot Bitcoin ETF Launch:
The launch of a spot Bitcoin ETF in early 2024 is poised to revolutionize the crypto landscape.
This move is expected to attract significant capital from both retail and institutional investors, further fueling Bitcoin’s ascent.
Bitcoin Halving Event:
Scheduled for April or May 2024, the Bitcoin halving event will curtail the yearly supply of new Bitcoin.
This reduction in supply could establish conditions where demand potentially outstrips supply, a fundamental factor in the optimistic price forecast.
Investor Confidence and Accumulation:
Investors are holding on to their BTC with conviction stronger than in 2021.
Relative realized profits show that despite a new all-time high, selling has not been as significant as during the previous cycle.
Consistent accumulation since February 2024 indicates confidence among investors, expecting further price growth.
XRP updateHi Guys
As we have specified the purchase range for you before, we said that if the range is maintained, he can serve his opponent.
Now you can see that with the lack of daily stabilization, it has returned below the range and is placed in a triangle.
With failure, he can move to the specified goals.
We will be happy if you give us energy with likes and comments.
Why BATT Could Be A Great ETF To Buy & HoldHere I have AMEX:BATT Amplify Lithium & Battery Technology ETF on a Multi-Timeframe Analysis with a Monthly & Weekly Chart!
Technicals:
Starting with the Monthly Chart, taking the Fibonacci Retracement Tool from the All Time Low @ $5.91 to the All Time High @ $20.78, we see that the Selling Pressure is waning with the Price Exhaustion happening in the Fibonacci 78.6% - 88.6% "Kill Zone" Range from ( $9.09 - $7.61 )
-Bears are losing grip on the asset
Zooming down to the Weekly where Price has visited the Kill Zone, we can see a ICT Concept Method called the Bullish Order Block taking place!
After Price found Support, Price created a New Swing Low Breaking Sellside Liquidity, then shortly after, Breaking Structure again while surpassing the Swing High!
-The Week Starting Monday, 29th of July 2024 creates the Bullish Order Block we should suspect Price to revisit before continuing its Uptrend behavior.
-This High of the Weekly candle sits right at the Upper Limits of the Support Zone and at the 50% Fibonacci Retracement Level!
**Price also could potentially make a deeper Retracement to the 61.8% Level to visit the LH it created before Breaking up through the Support Zone!
-Will be looking for Buy Entries in the ( $8.96 - $8.67 ) Range!
Fundamentals:
Lithium Stocks hit alot of hype in 2023 with the expectations of the EV Industry being our Near-Future way of transportation as a move toward a greener way of living!
EV sales wax and wane but as time as gone on, the look for the essential metal and mineral components needed for this industry to boom has began to fill as we are finding more and more vast and rich deposits of Lithium and other Rare Earth Minerals!
-https://www.tradingview.com/news/zacks:e90ae995b094b:0-bullish-views-power-long-term-lithium-etf-prospects/
With that, EV Demand will come
-https://www.tradingview.com/news/benzinga:5ead3a15a094b:0-arkansas-may-be-sitting-on-19m-tons-of-lithium-amid-rising-demand-for-ev-batteries-how-to-invest-in-what-elon-musk-calls-the-new-oil/
** Once Price goes Bullish, I have upcoming Areas of Value that it may contend with on the way up!
Why SCHD Could Be a Quick Win for Savvy Scalpers Eyeing Upside
As always, we like to keep it clean and simple, with technicals and analysis that's easy to see and understand. Let's get into it:
The Schwab U.S. Dividend Equity ETF (SCHD) has recently experienced a downturn, but several factors suggest a near-term upward reversal:
Technical Indicators:
1. SCHD's 100-day and 200-day simple moving averages are $27.95 and $26.79, respectively, with the current price above both, suggesting a longer-term bullish trend
2. StochRSI oversold on mult timeframes
3. Reached limit of reversal move after a Wave 5, which can act as near-term support
Recent Developments:
Dividend-paying stocks, including those in SCHD, have faced challenges due to volatility in the 10-year Treasury yield. However, with expectations of more stable interest rates, dividend-focused investments like SCHD could become more attractive.
Investor interest in dividend-paying equity ETFs has increased, with inflows more than doubling over the past month. This heightened demand could positively impact SCHD's price.
We see a near-term reversal to the $28.80 area -- a $0.50/share increase from current levels .
Be alert.
Trade green.
AIPIExploring the AI Covered Call ETF: AIPI
Let’s take a look at AIPI, a covered call ETF that focuses on stocks in the AI sector and trades on the US stock exchange. If you're analysing the chart, you might notice that dividend indicators don’t appear. That’s because this ETF doesn’t technically pay dividends. Instead, it collects dividends from its holdings, pays taxes on them, and distributes the rest to investors as taxable income. This is important to understand for tax planning, as it may impact how you report income depending on where you live.
The Strategy Behind AIPI
Being a covered call ETF, it limits your upside, especially in strong bull markets. However, the fund managers often adapt by writing covered calls at higher target prices when markets are bullish, capitalizing on demand for options. Most option buyers lose, which benefits the ETF's income strategy.
If you dive into the distributions and run the numbers, you’ll see that AIPI has been yielding approximately 30% annually. It’s a strong performer, but as with any investment, diversification is key. You might want to start small—maybe one or ten shares—and hold it for a few months to see how it performs for you.
Research the Components
When you look at AIPI, understanding its holdings is crucial. While the components might not show up directly on TradingView, a quick Google search can reveal the ETF's portfolio. You can also use benchmarks like SMH (a semiconductor ETF) as a rough gauge, but digging into the individual stocks within AIPI will give you a clearer picture of its trajectory.
A Trading Strategy Idea
Here’s a potential strategy for those interested in short-term moves:
Buy before the ex-dividend date.
Hold to collect the distribution.
Set a limit order at your purchase price or slightly higher to sell after the payout.
This approach could net you around 30%/12 per month, depending on timing and execution. Of course, this requires monitoring and is not guaranteed.
Other Covered Call ETFs to Explore
While AIPI is exciting, there are other options out there depending on your region and goals. For example:
On the TSX (Canadian markets):
BANK or UMAX, which focus on Canadian stocks or are hedged to the Canadian dollar.
On the US markets:
QDTE, a weekly payout ETF.
Run the math on annual distributions and compound that over time. If you’re young, this can be a powerful strategy for long-term growth.
Final Thoughts
Covered call ETFs like AIPI aren’t a secret ATM, and you shouldn’t expect them to churn out cash indefinitely. However, they can be a great addition to a diversified portfolio, especially for income-focused investors. I personally own AIPI and think it’s flying under the radar. Many websites don’t display full annual gains until the ETF has traded for at least a year, so it might not yet be on everyone’s radar.
Do your research, calculate potential returns, and explore different strategies to see what works for you!
XRP !!!Hello friends
As you know, XRP experienced good growth during this period and then entered the correction phase.
Now, by maintaining the specified range, he can see the specified targets. In case of a strong failure, there are lower ranges to buy, which I will inform you about.
be successful and profitable
Bitcoin - Bitcoin finally reached 6 digits!Bitcoin is above the EMA50 and EMA200 in the 4H timeframe and is trading in its ascending channel. risk ON sntiment in the US stock market or investing in Bitcoin ETF funds will lead to its continued upward movement. which will cause the failure of the resistance zone. After the authentic failure of this area, we will see Bitcoin reach the ceiling of the channel.
Capital withdrawals from Bitcoin ETFs or risk OFF sentiment in the US stock market will pave the way for Bitcoin to decline. The target of this downward movement will be the level of 90 thousand dollars.
It should be noted that there is a possibility of heavy fluctuations and shadows due to the movement of whales in the market and compliance with capital management in the cryptocurrency market will be more important.
Last week, Donald Trump appointed Paul Atkins as the new chairman of the Securities and Exchange Commission (SEC), a decision that sparked mixed reactions. Hester Peirce, popularly known as the “Crypto Mom,” expressed her strong support for Atkins to replace the current SEC chairman, Gary Gensler. She stated, “Based on my previous experience working with him in this organization, I can’t imagine a better candidate for this position.”
Meanwhile, Caroline Crenshaw, a current member of the SEC, has been nominated for another term and now awaits Senate confirmation. If approved, she will serve on the commission until 2029. During her tenure, Crenshaw has taken a notably strict stance on cryptocurrencies, earning a reputation for being even tougher than Gary Gensler. One key point of contention is her opposition to approving Bitcoin Exchange-Traded Funds (ETFs). In a letter dated January 2024, she cited concerns such as investor protection and market manipulation as reasons for her dissent. These views have led some to label her as the primary adversary of the crypto industry.
Bitcoin Spot ETFs now hold over one million bitcoins, surpassing the holdings of Bitcoin’s anonymous creator, Satoshi Nakamoto. Within less than a year, these funds have become the largest bitcoin holders in the world.
Lawrence Summers, a former U.S. Treasury Secretary, told Bloomberg that the idea of establishing strategic bitcoin reserves is “ridiculous.” However, he welcomed efforts to regulate the crypto space and foster financial innovation. Summers also expressed skepticism about reducing government spending through the Productivity Department, calling it a challenging path.
The performance and weekly and annual returns of major Layer 1 cryptocurrencies are shown in the accompanying chart. Meanwhile, Pavel Durov, the founder of Telegram, appeared in a Paris court to face charges of facilitating illegal activities through his messaging app. Durov, who was temporarily detained on August 24, was released after posting a $6 million bail but has been barred from leaving France until March 2025. French prosecutors have accused him of running a platform that aids illicit activities. If convicted, Durov could face up to 10 years in prison and a fine of €500,000. This case has raised concerns about privacy-focused technologies in the Web3 space.
At the same time, the number of cryptocurrency wallets with non-zero balances has reached 400 million. Michael Saylor, the CEO of Microstrategy, recently shared his proposed bitcoin purchasing strategy with crypto enthusiasts. He reiterated that bitcoin should be considered a long-term asset and advocated for using a Dollar-Cost Averaging (DCA) strategy for sustainable growth.
Saylor, one of bitcoin’s most prominent supporters, stated that for the past four years, he has consistently advised investors to “buy bitcoin and never sell.” He emphasized that bitcoin should be held as a long-term capital asset rather than a short-term profit tool. Saylor recommended that investors enter the market every three months using funds they do not need and hold the investment for at least ten years. He also stressed that investors should not worry about short-term volatility and should avoid stress by adhering to this strategy.
The trading volume of spot cryptocurrencies reached $2.7 trillion last month, marking the highest level since May 2021. A new survey revealed that over 80% of cryptocurrency holders admitted that their investment decisions were influenced by emotions like Fear of Missing Out (FOMO) and Fear, Uncertainty, and Doubt (FUD). The survey, which included 1,248 participants, showed that 84% invested due to FOMO and 81% due to FUD.
Kraken Exchange commented that the findings suggest many investors trade based on emotions and fears rather than logical strategies. These emotions often stem from misunderstandings or mistrust about the future of specific cryptocurrencies. The survey also revealed that FOMO drives investors to chase rising prices, while only 17% focus on buying opportunities during price drops. Interestingly, 63% of cryptocurrency holders acknowledged
ETH is going to rise to a minimum of 8k USD in the coming monthsTechnical analysis suggests that Ethereum (ETH) could see a significant rise in value in the coming months, reaching a low of $8,000. This forecast is based on the identification of a technical pattern known as a "cup and handle" on recent price charts, which historically is an indicator of bullish continuation. This pattern signals a consolidation followed by a strong upward move, strengthening the positive outlook for ETH.
Furthermore, the pattern aligns perfectly with the bullish trend seen on weekly charts, where Ethereum has maintained strong performance around its key support and resistance levels. In this time frame, the structure shows steady accumulation, indicating that buyers are gaining strength and could trigger a new bullish cycle in the medium to long term.
Solana Hits Previous High And Something Else.Traders,
In the same day that BTC has almost tagged 100k, Solana has hit its previous high. But there is something else showing me that Solana will have a tough time moving higher from here. It's that blue trendline. That started all the way back in mid-October of last year. Solana had remained above it until June of this year when the market could confirm that Bitcoin was going to continue its sideways to down price action until U.S. election time. The day after the election, as I expected, Solana broke its channel to the upside. It has now catapulted to its previous high on rumors of ETF filings today. But its run straight into the intersection of our blue trendline with the level of the previous high, making this area of confluence remarkably difficult for the bulls to beat. Will these ETF rumors be a sell the news event? I mean, you have to know that big money and insiders already knew. I expect them to dump on retail like they always do, take some profits, and then re-enter once retail knows they've been had again and start to fold. I can see the price coming back down to $205 or so. But Solana is white hot riding on the back of meme coins lately, so it's also possible that we just ride under the $260 price for a week or two accumulating before making any more big moves up or down. I don't have strong conviction with either option but I do believe the least likely scenario is the third option, a straight breakthrough of our previous high.
✌️ Stew