$CRV - GO BULLAS GO$CRV BINANCE:CRVUSDT
watching this beautifully which broke the TL with some decent vol on the chart
waiting to confirm it retest and takeoff to TPs
J-curve
EW count $ES1! with Predictions BONUS yield curve inversionCME_MINI:ES1!
Hello all!
Just thought I would share my work here today for all those EW analysis junkies to critique. Along with some commentary on current market/geopolitical/economic conditions and where I think we are headed.
With recession on the horizon like pink clouds in the morning for a sailor, we have to get our work (profits) in and get out of the water before the storm wipes us out.
Just like the sailor our work should be done quickly as there will be little time to reel in our catch. There are warning signs abundant that our global economy is coming to a crossroads of debt, supply/demand shock, and geographic positioning for goods.
In my view China has little incentive to get manufacturing back online, just as Russia needs to "fix" it's pipelines all at once. The globe of power is quickly showing it's fault lines. (Saudi Arabia transferring payment to yuan?)
Supply is low as Americans (like me) sit at home on their computers providing endless information through the air-waves and fiber-optic cables. We have become a soft nation through decades relatively peaceful times. We demand high pay and produce less physical or tangible goods, while buying up the worlds supply.
We have had easy financial conditions that are begging to be repaid somehow. With debt over our heads (Debt>GDP) our puppet masters have used this pandemic to engineer a cheaper way to pay it down.
Inflation = more dollars today to pay a fixed rate debt that is less than inflation.
Flooding the economy with digital greenbacks is a win/win/risk. The risk here is that we let inflation get out of control and everyone is chasing the dollar leading to evermore inflation.
I.e. If I sell bread at the market and know that each week my supplies are increasing at an exponential rate I will raise my prices accordingly, leading to my customers to ask for raises. Who, let's say, work at the grain fields, leading to higher grain prices; creating an inflation loop that leaves all participants with a increasingly worthless tender. This is why it is so important for the Fed to speak out ahead of inflation and keep expectations in check. If the Fed can curb that inflation cycle in our mentals then I may only raise my prices to the expected inflation target and no more, effectively putting an inflationary cap on all goods and services of all participants in our great economy.
Now with that said, we have a lot of work to do to right this great ship and sail away from the depression storm. The smart money markets believe it is too late and the fed waited too long to correct. (As I said, I believe it was intentional.) The yield curve inverted in June and is a record setting inversion. Here is how the SPX reacted since the 80s to 2-10s inversions.
As you can see some inversions foreran the markets collapse by months while sometimes the drop coincided with the inversion and in 2006 we actually had an increase of almost 15%! while the curve inverted before dropping around 55%. 2000 being the worse with a rally after 35% drop just to see another 30% drop into 2002/2003
If recent history has taught us anything; you are playing with fire the longer you stay in this market... but history has little to say about today, which I would point to the comp pandemic which I will have to compare next time to the Spanish Flu pandemic in Pt. II.
My final question is, "we are seemingly already in a recession (although the powers that be are trying their best to redefine "recession"), is this drop that we have endured the end or do we see something greater as the historic yield curve inversion is pointing to?
Here are my near term predictions with EW counts and demand/supply zones that I am watching.
Happy Friday!
CRVUSD completed the Inverted Head and Shoulders. Buy.Curve Dao Token (CRVUSD) is on a three day bullish streak, attempting to make contact again with the 1D MA50 (blue trend-line). Even though the short-term outlook in the past week has been bearish, we have a series of strong reasons to expect a bullish break-out in the coming days.
First and foremost, the price with the current rise seems to have completed an Inverted Head and Shoulders pattern (IH&S). The current Resistance is around 1.6120 and a break above should be considered as a bullish break-out signal targeting the 2.0 Fibonacci extension at 4.8190 on the long-term. As the chart shows, it is highly likely that this Resistance test will take place at the same time as a 1D MA200 (orange trend-line) test, which is intact since February 10 2022.
Secondly, the 1D MA50 has made a Bullish Cross with the 1D MA100 (green trend-line) for the first time since September 04 2021. At the time, that was an early buy signal into the big rally in the second half of 2021. At the same time, the MACD on the 1W time-frame has been on a Bullish Cross as well, for the first time since August 31 2021.
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CRV triangle breakout 2 📐Curve DAO Token is trying to break this triangle 📐 up and if it will make it I think there is chance for run to 1.755 and even higher. Let's see whether the white local uptrendline is going to boost the price. Setting BUY STOP-LIMIT order to last swing high to catch the breakout.
ENTRY : local high @ 1.474
STOPLOSS (SL) : local low @ 1.335
TARGET (TP) : height of the triangle projected from midpoint of the previous range (PREVIOUS RANGE HIGH - STOPLOSS) @ 1.755
REWARD RISK RATIO (RRR) : 2
INVALIDATION : when SL level hit
See below my previous CRV triangle breakout setup and how the TP2 actually was the top:
Check my other stuff in related ideas.
Please like👍, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
DERCUSD Potential Reversal , RSI Divergence + OutbreakWith Derace launching its full 'NFT horse racing metaverse' in October, I'll be sure to keep an eye on the price action leading up to this event.
In addition to releasing a bunch of tools for the community before launch, Derace will also focus on Mass adoption once launched.
All of these things will drive engagement up and hopefully reduce some of Derace's current bearish sentiment.
So fundamentally speaking, there is definitely some upside to be had...
On a technical level, we can come to the same conclusion:
1. Decreasing volume on Weekly
2. RSI Divergence
3. Curve-shaped Recovery
4. RSI outbreak --> Potential chart channel outbreak
5. 2 Month Consolidation around ICO price.
I would be really surprised if DERCUSD drops below 0.288 from here, but i could definitely be wrong.
Good luck!
Tesla Stock AnalysisIn this analysis, we will show you why you need to sell Tesla´s stocks.
Following the behaviour of the stock, we can notice that it evolves following curved lines.
During the last 2 months, the price dropped to make a support at 632 but it is now consolidating which leads us to a support at 782.
With the curve trend between June and August, and the trend line following the maximum reached at each period, we expect that the price first will rise to 950 then will go down to 782 until the end of the month and then rebound to reach the trendline around 1036
BTCUSD Potential Bottom, Longterm Monthly Outlook & DCA StratJudging by the Volume, I am quite confident a potential bottom might be in.
Unfortunately, i do expect a painfully boring and long consolidation phase after this.
During these months / years, i will try to DCA as much as possible.
good luck!
Ascending Scallop's These are examples of Ascending Inverted Scallop
Price can be seen to continue up in a curved fashion which is a key factor of the ascending scallop
Breakout's occur along the curve and once the scallop has reached a horizontal level price takes off
Long Curve DAO Token(CRV) vs USDTCRV is turning the weekly resistance into support. The chart is looking really bullish. No need for some fancy indicators, CRV breakout is a matter of time.
Weekly close above $5 will be a great sign of strenght, but when CRV closes weekly above $6 it will really get sent.
My target is 700% from here, by the end of the bull run, will update manually.
Curve DAO Token Straight UpCurve DAO (CRVUSDT) has been moving ahead compared to other altcoins pairs as its price today trades above EMA100.
One interesting signal to notice here is the really high bullish/green volume bars since mid-June.
We can see really strong and rising volume, while the bearish/red volume bars are small and weak.
MA200 stays just a few "inches" away but that is a very nice 50% potential gain.
This is not financial advice.
Thank you for reading.
Namaste.
CRV/USD - Curve about to break from the downtrend! 🚀With another push CRV can leave the downtrend represented by the resistance line at $1.4.
This 3-day chart looks quite bullish in my book, but the resistance is still firm into place.
However, the momentum favors bulls right now and should BTC not crash the whole market, strong alts like CRV are posed to have a stellar recovery.
MACD, RSI and OBV indicators are all bullish. Volume is rather flat, but buyers are in control so far.
Bias is bullish on this price action and expect some significant fireworks in the next few days. All eyes will be on $1.9 resistance if CRV breaks away.
Like and follow if you liked this idea!
DXY $119 target for short term Could we see the DXY target this curve metric all the way to $119? I am using a fractal as a visual for this possibility. This target has great resistance back in 2001 and 2002 as the DXY peaked several times. Interesting to see if we will respect this curved arch all the way through. This arch is parabolic till October 2022 if it respects the metrics.
CRV - Update of the last idea Reasons to take short:
⭐️ BTC bearish
⭐️ Trendline is 8 days old
⭐️ Trendline is clean
⭐️ Price is squeezing to the trendline
⭐️ Had false breakout
⭐️ 7th touch
⭐️ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself
CRV - Curvy trendline for the winReasons to take short if BTC allows:
⭐️ Trendline is 7 days long
⭐️ Trendline is clean
⭐️ Price is squeezing to the Trendline
⭐️ Volume appeared at top
⭐️ 6th touch
⭐️ 40 ATR
⭐️ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
CURVE double bottom 📖💡🚀 Hello 🐋
Based on the chart after a long time, correction to the downside these days we have appropriate amount of volume, or we can say new volume for the price and the price is close to the major support and shape the double bottom pattern ✔️
if
the price breaks the major resistance or better to say the round number$1 to the upside and stays above this level, we will see more gain beside the range market is an acceptable scenario too 📖💡🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Bitcoin 4 Year SMA. Best tool we have to call the bottom for BTCNotice the price action near the green & red lines. Look below the green line (23.61% Fibonacci), there are 2 grey lines and then the orange & the same thing when looking above the red line (76.39% Fibonacci).
History shows us that we rarely go above or below the red/green line, and if we look to the right, it looks like it's trying to break below. When price action bounces off one of these logarithmic fib levels.
That should be a very good sign that things are turning around. But you also gotta remember that anything is possible. With $BTC at the KEY LEVEL, fighting to stay above the green 23.61% Fib...
The FOM C meeting could send us the right to the bottom of the channel. Coming down to that orange bottom fib would be around $18,000 - $20,000 depending on how long it takes to get down to that level.
We also have the 4-year SMA (1460 Day SMA) being hit again for the 4th time since 2015 & each time we came down to the MA the bottom was in and we flipped bullish.
One last thing... My 4 Year, 200 Week, 1460 Day M.A (whatever M.A you like better) is a heatmap, and if we take a look we can see that we have now stopped printing the teal/light blue & we now are starting to see
some dark blue beginning to appear. This is just another signal to add more confluence towards the idea that we might have bottomed out & we could see a reversal in the not-so-distant future!
MY MINIMALIST CHART ANALYSIS FOR $CRVCURVE
On a Daily Chart
04.24..22
0518H +8 SINGAPORE
The Market is going back to the ENTRY Zone of Interest.
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
ALERT:
Entries on the 1.8-2.2 Zone for me.
Based on VITAL SIGNS ( RSI, STOCH, VOL., MA VOL.) Looks healthy.
1. RSI 59: still mid-high
2. STOCHS 79/72: on the HIGH
3. Volume is on the BUY side and supply is a bit low. Still have to see a spike in selling for BUYERS to really get in.
4. Downtrend went beyond the FIB 0.618 Reverssal area, so we expect it to go down further to 1.
5. Capitulation: Looking at this as a strong area for BUYERS.
6. We can expect it to push further down to the 1.1-1.8 zones. This is at the bottom of the brown minor and blue major box.
7. Expecting ave. 74% gains on the First Partial Exit - Area of Value.
My Published Ideas are not 100% Accurate. There are many factors at a given time that can change the forecast.
Looking back since the beginning of the year,
the Market had amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION, and verified by major FIB levels.
Hoping that this MINIMALIST BOX CHART ANALYSIS will efficiently help you with your DYOR as we Enter a NEW SWING CYCLE.
Charts are created on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER.
It is designed for SWING TRADES at the LOWEST or START of a SWING CYCLE.
INSTRUCTIONS:
HOW TO USE THIS MINIMALIST CHART a.k.a (Bento Box)
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE to where the MARKET will take you.
TARGET ZONE IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR turning points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR turning points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, as well as Support and resistance levels
Also includes MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
If it cannot break a TOP or BOTTOM of a BOX, It signifies a reversal.
At times I will include a WAY BEYOND PARABOLIC PRICE TARGET, depending on The Character of the Market (CRYPTOS ONLY).
DYOR for your Fundamentals, Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology.
NOTE: That PRICE TARGETS for ENTRY and EXITS are DYNAMIC and can CHANGE from time to time.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to share my knowledge.
Vive Le Autist!
The big orange curveA big support build upon a very large price pattern.
The trend is clear.
Also is possible to see the halvening cycles and how bullruns are more calmed in every cycle.
That means less volatility also. Good for adoption, bad for speculators.
Buy and hold looks to be the wise option.
CRV Buy AreaA leaked copy of US draft bill proposes to eliminate anonymous crypto projects.
DAOs, DeFi and exchanges will be required to legally register in the US!
My entry area for Curve DAO Token CRV is $0.65.
Looking forward to read your opinion about it.
Outlook for the Year and the Years to ComeTheoretically, the price of oil should keep going higher as the finite resource is being vehemently overused. Yet, somewhat paradoxically, the advent of alternative energy could produce the opposite effect. Between those two dynamics lie the supply-and-demand pump of the oil states, tweaking the price higher and lower as it fits the pockets of the developed world. The chart shows that oil rose from the ashes from 2016, which coincided ever since with the rise of the markets to the point of hyperinflation last year. Now as the economy is falling down, oil took an adverse course, partly due to the war in Ukraine, but largely due to the status of inflation. Politically and economically, the outcome doesn't seem to change soon. Mathematically, this is also confirmed. The orange line in the chart shows the bisecting trend line which was crossed decisively this year, marking it more likely that prices would stay on the higher levels for some years to come. Regarding Fibonacci levels, the higher point for this year seems to be around 140, to be surrounded by a relative ease in pricing, provided that nothing substantial happens at the macro political level.
BELLA PROTOCOLBEL/USDT he will break support and i take short
ENTRY - 1.00
TP 1 - 0.900
TP 2 - 0.750
TP 3 - 0.600
SL - 1.200
LUNA/BUSD Daily TA Cautiously BearishLUNA/USD Daily cautiously bearish. LUNA currently having a Scarface moment, "You think you can kill me with bullets?". The Revival Plan posted by Do Kwon with help from the Lunatic community shows that perhaps there is enough support to have Luna rise from the ashes, but whether or not it ever reaches its previous ATH at $120 without removing or significantly modifying the UST:LUNA peg aspect of Terra is TBD. Recommended ratio: 5% LUNA, 95% cash. Price is currently trading for fractions of a cent ($0.00025748) just above max bottom as it has become a "meme coin" that some investors are betting big on recovering. Volume remains extremely high and is becoming more fairly balanced between buyers and sellers as it is attempting establish a new base. Parabolic SAR flips bullish at 30, this margin is bullish. RSI remains flat lining at the ATL of 14.25 for the fifth consecutive session. Stochastic also remains flat lining at max bottom. MACD is currently printing a new ATL at -24.65 and is beginning to form a trough; this is mildly bullish at the moment, though it would need to break out above -18 for a bullish crossover. ADX is currently trending up at 45 as Price remains near 0; this is bearish. If Price is able to break out above $0.01, then the next resistance is at $0.27. However, if Price stays below $0.01, it can trade down here for a while until LFG figures out the best way forward. Mental Stop Loss: (two closes above) $0.01.
*I'm using BUSD because the chart I had been doing LUNA/USD TA on was broken when Binance delisted that pair*
**You should only invest what you are prepared to lose into LUNA at the moment because it is currently still unclear how they plan to move forward**
