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Interesting

History Rhymes 📖🎶Today, I want to share an interesting pattern that BTC has been respecting lately. 1️⃣ First, in June, after a bearish trend, BTC formed a falling correction /pause, and then we experienced a shift in momentum from bearish to bullish. 2️⃣ Then, in mid-July, after a bullish trend, BTC formed a rising correction and then reversed. 3️⃣ In September, once again, BTC formed a falling correction and then traded higher. 🖊 We can clearly see that this pattern is playing out nicely on the BTC Daily chart. 4️⃣ If we apply the same logic to the current price action, BTC should be in a rising correction phase. For it to be confirmed, we need BTC to reject the upper green trendline again and then break below the last low in green at 33,000. In this case, we will be expecting a bearish trend to start, reaching around the lower orange trendline at 29,000. 🗒 What do you think? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! And always remember: All Strategies Are Good; If Managed Properly! ~Richard Nasr
by TheSignalyst
98
Rheinmetall bullish ascending triangleThe ascending triangle points to a potential increase in the value of Rheinmetall's stock. These indicators include a bullish trend in the stock's price over the past several months, positive momentum, and strong support levels. Additionally, historical data shows that Rheinmetall's stock tends to perform well during times of military threats or escalations, which may indicate that current global events could be contributing to the stock's upward trend. Hopefully, the war in Ukraine will come to an end, but Rheinmetall is still looking strong, possibly indicating an upcoming real-world event. It is important to note that technical analysis is not a guarantee of future performance and should be considered alongside other forms of analysis such as fundamental and news analysis. Additionally, it is also important to consider the company's overall financial health and any recent company-specific news or announcements.
XETR:RHMLong
by murkser
1
BAL/USDT 1D. Balancer. Interesant moneten.Baal was a title and honorific meaning "owner", "lord" in the Northwest Semitic languages spoken in the Levant during antiquity. From its use among people, it came to be applied to gods. Definition from Wiki. Interesting coin, named after a god. Pay attention to the volume coming in(shown on the chart). In the secondary trend the downtrend has formed(red line on chart). The price is currently under the support(yellow line). Now it acts as resistance. Locally some form of triangle forming(the price is tightening). As the classic for the alts the target may be aroung 180%. Also pay attention to the current zone - it's 666 zone(6.66). Taking in consideration the big volume spikes(and price spikes) we can see a good move forward.
by Ivan3tt
3
✅THE BEST CYCLE COIN OF THE MOMENT BAL GOING FOR 16 USD TARGETAs you know I am sharing with you all the possible increase cycles and only cycles where I have huge expectations it will go. BAL is one of the best and is even the best coin at this moment with the best cycle trend on cryptocurrency to show coming time a breakout. The target of this coin is above 16 USD . which means around 168% increase is expected in the coming time. with the right cycle coins, it's normal to expect these targets. Those following o ur updates, know that we did add about this coin also below 6 USD price action. ✅How is this 16 USD calculated? This is done depending on high study and price action expecting depending on some important data that did prove before the cycle trend. Of course, we have also small Targets of 9 USD - 11 USD, but 16 USD will stay as important for this cycle coin and the same time the key target. Let's see guys how this going to do, but if we get a breakout know that it was already expected by this cycle trend. This is not a day expected, but with cycle coins, we never know how fast the targets will get hit. As long as this coin-building cycle trend is very interesting. More updates about this coin will be done here. Hold the channel page open for more updates. We never choose a coin by believing or thinking it will go, but 100% depending on the data.
Long
by Goldenbreakout
1
What Will Traders Be Watching This Week? 06 Dec – 11 Dec, 2021*Please note; The author is working from UTC +13 when determining the timeline of data releases. Monday, December 06: Factory Orders from Germany for the Month of October is the first significant piece of data for the week. The market is expecting a 0.5% decline MoM, in factory orders. The EUR may come under pressure when this data reaches the market, especially when investors consider it in tandem with a recent German IFO Business Survey, indicating diminishing business confidence in the region and further noted “Supply chain bottlenecks are putting companies under real pressure, there is no sign of a let-up.” Tuesday, December 07: Possibly adding to downward EUR pressure is the German ZEW Economic Sentiment Index DEC, due Tuesday. The index measures the level of optimism held by analysts concerning economic developments stretching out over the next six months. The ZEW index is anticipated to post a decline of ~5 points to 25.3, from November’s reading of 31.7. Wednesday, December 08: Quiet Wednesday. Thursday, December 09: The Bank of Canada’s (BoC) Interest Rate Decision and Rate Statement are released very early Thursday. It will be interesting to see if the BoC will action its bullish rhetoric sooner than next year. However, with oil prices currently under pressure, a hike by the Bank is looking unlikely before April. Importantly, Deputy Governor of the BoC, Toni Gravelle, will speak to the organisation’s Economic Progress Report the following day. China’s Consumer Price Index (CPI) YoY data to November is due early Thursday afternoon. Last month, China’s CPI accelerated sharply from 0.7% to 1.5% as producers passed on rising costs. Producer costs have risen 13.5% since October 2020, the fastest pace in 26 years. As such, analysts are again expecting a steeper incline for November CPI data. Market forecasts have China CPI hitting 2.5%. Friday, December 10: Mexican Inflation Rate data YoY to November will be posted just after the clock ticks over to Friday. Mexican inflation is anticipated to record its fourth month of increases and possibly pass the 7.00% threshold. The Central Bank of Mexico, while believing inflation to be transitory, might respond with another rate hike when it convenes the following week to dampen inflation expectations leading to persistent inflation. The Mexican Peso spent much of last week strengthening against the USD, so the market may have priced this in already. Saturday, December 11: The US gets the last word this week. Its Inflation Rate YoY to November is anticipated to follow Mexico’s, creeping up to ~7.00%, from 6.2% the previous month. This forecast proving true could strengthen the Federal Reserve’s resolve to speed up its bond-buying taper and possible move forward the schedule of interest rate hikes.
by BlackBull_Markets
Interesting Observation <> HINDUNILVR / NIFTY1st Chart: HINDUNILVR/ NIFTY 2nd Chart : NIFTY HINDUNILVR/ NIFTY is almost a mirrorimage of NIFTY. I plotted various other stocks against NIFTY but cound't see any such pattern. One thing that can be derived is, whenever NIFTY goes down, HINDUNILVR usually maintains the level and in many cases it starts to move up. Example - recent fall of NIFTY. Let me know what you think! Please do hit me with other interesting observations you saw in the market.
NSE:NIFTYEducation
by A661092
Can BTC Reversals Be Predicted Using BTC.D and LTC?!I recently stumbled upon an interesting correlation regarding BTC.D and LTC. For those who are unfamiliar with these symbols, BTC.D (Bitcoin dominance) is the ratio of the total market cap of BTC versus the market cap of the entire cryptocurrency market and LTC (Litecoin) is one of the first altcoins to gain in popularity (often it is mistaken as the first altcoin, but that distinction technically goes to Namecoin). What is interesting is that when one maps out the inverse of the ratio of BTC.D to Litecoin, one gets an interesting horizontal parallel channel (represented by blue lines) that has predicted reversals fairly accurately for nearly the past 5 years. Note how when the ratio gets near near the top of the channel, a top is in for bitcoin indicating a reversal downward. What is also interesting is when the ratio gets near the bottom of the channel, a bottom is near for bitcoin indicating a reversal upward. Litecoin has commonly been considered to be in lockstep with Bitcoin since its creation, but the trend has actually been trending downward since Litecoin's inception causing this interesting relationship. What is concerning is the price has just recently reached near the bottom of the channel once again during the recent price drops. Will this trend continue is anyone's guess, but I figured it was interesting enough to point out and rather beautiful in its symmetry as well. What I do know is you should NOT take this as trading advice in any way whatsoever. This is not financial advice and is solely my opinion. But also, please like if you also find this idea interesting or comment with your thoughts as well.
Editors' picks
CRYPTOCAP:BTC.D
by crypto_trends
76
Bears might be able to make some FAST CASH this week!I feel very strongly that this is a possibility. Let me make this clear I am not a bear NOR a bull at anytime.. I am simply a trader. I must look at it from all angles. Below you can see the different angles. -Bears perspective: We are currently trying to test new highs, but today's gap down shows exhaustion from the bulls. The market will continue to push till we reach a major resistance then a leg down is inevitable till we reach a comfortable support. The major resistance is displayed on the chart along with a time-frame as well. -Bulls perspective: We fumbled this morning but recovered and are now making new highs from the bounce. This will continue till we reach the 300 mark then after we will hang around that price till a push up or bounce off of the .618 fib (294 or something around there). Anyway trade smart and wait till confirmation from the market. I will keep this idea updated... it was pretty fun and experimental with the sine waves, but I feel pretty confident. FOLLOW AND LIKE for actually good TradingView posts :D
AMEX:SPYShort
by itsQure
4
XRP potential based on historical patternFirst of all, I want to draw your attention to similarities of today's price action and what we saw in 2015. Bitcoin bottomed at 150-200$ back in 2015. While xrp was at the peak. After that we had a VERY long accumulation period. Bitcoin went up and up, while XRP couldn't hold any pop up. This token was lagging behind Bitcoin, but once it broke that consolidation zone, it went literally NUTS. 70000% gain in less than 10months.. Let that sink in. Right now, we are in the same consolidation zone, this time bitcoin and xrp prices correlate better. I expect Bitcoin to drop from this recent top at 5500$ to around 3500-4000$ region again, before we shift from bear to bull market. We are in the potential bottom looking at historical pattern in 2014-2015. In the same fashion I see xrp dropping to 0.30-0.25$ region before any upside could be sustainable. MACD is also indicating shift in the momentum, more buyers are coming in. 70000% gain from 0.25 region puts us at ~180$ per token. (But that's if you bough at the very bottom and sold at top). Just be cautious of how XRP performs when BTC starts rising again. If it can sustain gains and move alongside BTC, then we might start bull run in XRP sooner. If we see choppy action, being unable to hold onto gains, history might repeat itself. (Also look how quick vertical moves are followed by very long consolidations) Chart speaks for itself, potential of XRP is ENORMOUS. What would you rather buy, lottery ticket or XRP? Let me know what you think! :) POLONIEX:XRPUSD
POLONIEX:XRPUSDLong
by Patrikas10
Bitcoin: BTCUSD Getting Real Interesting againBitcoin: BTCUSD Update Getting Interesting Again Now If you held your stops under 7660 as advised at start of weekend the 7717 level has proved a good entry point. However even if stopped out like me for 30 point loss after spending the weekend fishing, losing bait and cursing and never getting a chance to buy from lower, at least now, after breaking above the upper parallel sucesssfully on second attempt (but not hitting stops placed under 7700) we finally have a decent long trade on from 7790 highest. That bear engulfing green candle just now wiped out 34 hours of sideways movement in 30 minutes flat. This is still strong. No sellers. Just a few buyers... we should see another test of the highs very soon. Depending on risk profile and if long from 7717, either close down at 7980-8000 range and be ready to buy again on break above 8020 (using 100 points + profit from this current long as stop for next trade). If it works out you compound winnings so fast it will make your head spin. If wrong you and stop gets hit once it busts above 8020 you break even. Or you can hold the current long and just watch at 8000...if it sticks (before China opens it could do) close out but be ready to recomit later. This could be explosive (and could also be a complete damp squib) . But you'll never win unless you're prepared to play. Good Luck to all those that do.
BITSTAMP:BTCUSDLong
by sumastardon
2
GOLD H4/DAILY TRADE (SELL) Part IIThe major yellow bearish TVC:GOLD wolfewave was shaped successfully on 07 June as the price didn't manage to break through resistance area of ~1295-1300 and thus formed the peak at point V. Currently, the minor purple wave is forming on H4 and if successful, is likely to re-test previous resistance level once again. Provided that new double peak will hold successfully and if confirmed by divergence/volume, it may provide an interesting opportunity for short positions to be opened. Good luck All!
TVC:GOLDShort
by OceanBlue
AUDJPY LONG TERM LONG - THE POWER OF .618!!LOOKS LIKE THE CORRECTION IS ABOUT OVER!! If we are - and i very much think we do- at the start of the uptrend we can make lots, and lots of pips. ! Here's why, the higher trendline of the BB% is almost being touched with an almost oversold RSI. The same place was back in the 99's 00's at an overbought spot but now it is heading to oversold.The last monthly candle has a very large shadow that means lots of people are intrested in buying But even more remarkable and really worth noticing on this chart/idea is the correlation of the 0.618's. in supp/resistance and its highs and lows. This monthly chat goes way back and moves in a really easy tradable pattern. The connection of all the highs and lows with the golden fibs, and targets gives me much more confidence in this trade than all the indicators together. I will keep this chart as updated as possible! Liking the chart or something wrong? Please leave a message with a like, or good or bad feedback!
Long
by JohnQuid