Dow JONES breakout after being oversold for a long timeDow Jones has given RSI breakout with divergence
Can go long after a close above 29650
A pull back is due since long. This can be the time!
Long-term
LONG term Investing1 inch has a good fundamental situation and now have a good position for taking long.
Sell off levels out on FSDFSD Pharma and it's subsidiaries have progress in advancing their three drug candidates (PEA, Lycid Psych. & Lucid-MS) through clinical phases. After partnering with covar pharmaceuticals and Acquiring Lucid Psycheceuticals (subsidiary of FSD pharma Inc.), HUGE was able to recently purchase a new facility in Cobourg Ontario (CAD $17 million) which will be closing of May 31st. Should be a break soon to come after sell off.
USDEUR Long-Term ReviewHello everyone, let's take a look at the USDEUR weekend chart as you can see the price has been moving in the uptrend channel since 2008 and has broken the downtrend line that has been going on since 1985.
Let's start with the designation of the support line and as you can see the first support in the near future is 0.95, if the support breaks down, the next support is 0.89, 0.84 and 0.79.
Now let's move from the resistance line as you can see, the first resistance is the support zone from 1.08 to 1.21, if you manage to break it, the next resistance will be 1.56.
Looking at the CHOP indicator, we can see that in the 1W interval, most of the energy has been used, but we still have some more for the next move, and the MACD indicator confirms the current upward trend.
This is line🔥🔥🔥🔥 I bought Bitcoin and Bitcoin CashBetween the yellow lines We can buy🔥🔥🔥 We are very low but it will be a good buy for the price to go up🔋🔋🔋
Dxy short on 4h TF Took this trade as per Dow theory HH HL
Expectations is around 110.262
Possible rejection picked through
Fib channel rejection point
Level 1.61
Level 1
Level 0.78 possible a huge rejection
One more thing collected on rsi 1h tf
Double top ,as mentioned on chart
When I expect the crypto next bull market to beginBased on the all-time pattern on the monthly chart, when next bull market would begin is expected to be somewhere in autumn 2022 or winter 2023, approx.
The red 'strong counter-momentum' diamonds on Momentum Master have always resulted in at least a %55 drop or more within several monthly candles, and that has already come true this time around as well.
This was calculated based on the average bottom duration after those signals on the previous two cycle-bottoms and some margin of error.
BTC HERE IS THE BOTTOM?last time i mentioned that somewhere around here can be bottom. Today i found another argument that is confirming that I actualy am right. If you want too see more arguments i am posting here link to the my long term prediction idea on trading wiev,
BTC/USDTif btc daily candle close below 18500 then
target will be 17600
if btc daily candle close below 19450 then
target will be 21800
$XRP Primed For A Big Run$XRP is on the verge of breaking out of upward resistance from April of 2021. After two rejections from this resistance, the price has finally broken through. There was a breakout on the daily yesterday as well as a successful retest. If the price can close above the resistance on the weekly, we are primed for a big run. As you can see, there is a lot of room to run on the weekly RSI as well. A 2X run up to $0.91 is minimum in this spot. The next two targets are $1.35 (3X) and $1.97 (4.5X).
I will be keeping a close eye on this one over the coming days.
USDJPY - Potential Reversal!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
USDJPY is overall bullish trading inside the brown channel.
Moreover, the zone 144 - 147 is a strong supply zone .
So the highlighted purple circle is a strong area to look for sell setups as it is the intersection of the green supply zone and upper brown trendline. (acting as non-horizontal resistance)
As per my trading style:
Since USDJPY is around the purple circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
23RD SEPTEMBER- THE BIG SHORTETH broke the green trendline and is getting close to a fib arc level. Every time ETH touches a fib arc a big move happens. This time it will test the bottom of the move (880)
TSLA is very promisingTESLA has been in a trading range since the beginning of January 2022 after a massive uptrend started at the beginning of 2020.
inside this trading range, TSLA stock has been a small rectangle for the last few weeks.
a breakthrough that range will signal a potential long position taking for investors.
XAUUSD LONG hello traders
The gold is under the control of the bears, but the buyers are still strong, and liquidity will be expelled before the price drops, so you can look to buy or wait for a good selling opportunity
Cipla Life time high Breakout with W pattern on Weekly TimeFrame*CIPLA LTD*
Time Frame: Weekly
Observation:
* W pattern formation Breakout.
*Lifetime High Breakout.
Resistance/Target: 1148 1231 1313 1364
Support: 1st 1014 2nd 890
LRC/USDT - LONG IF 1 + 1 = 2----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
-------------------------------------------------------
⚡️⚡️ LRC/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Long)
Leverage: Cross (1.0X)
Entry Orders:
1) 0.3345 - 100.0% (87.006 USDT)
Take-Profit Orders:
1) 0.3418 - 80.0%
2) 0.3579 - 19.999%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
The Crypto Commander-In-Chief & The Fibonacci Golden Pocket.No, this is not a "short idea", but rather a look @ previous market tops & the subsequent corrections.
2013 - In November BTC tops out around the $1,163 mark. An awesome %50,000 return if you were lucky enough to buy bitty @ $2 only a few years prior.
Price then corrects a whopping %86.7 & bottoms @ the Fibonacci 0.618 level, a 2-year accumulation period begins.
It took a total of 406 days for BTC to find the bottom, & exactly 1064 days (35 months) from that low till the 2017 high.
2017 - Thanks to Bitfinex and co, the crypto king tops out in December 2017 @ the 20k mark, a 85% correction follows and price bottoms @ the 0.615 Fibonacci level.
An awesome %12,850 jump from the 2015 lows of $155.
It took approximately 364 days for BTC to find the bottom & ironically, 1071 days before the next all time high- only a single week difference from the 2015-2017 low to high period.
2021 - BTC sets a new all time high of $69,000, a truly spectacular rise. To think this was once 0.01 cents is mind boggling.
A cool %2,150 rise from the 2018 lows of around $3,100.
However 74% has already been wiped from its price when it hit the $17,700 mark. This is also the first that BTC drops below the previous all time high.
Price still hovers around the 0.382 Fibonacci level, should that fail, a visit to the 0.5 Fibonacci is on the cards, it also lines up with the failed rally which resulted in the 2019 high.
Should BTC have a similar 84% correction as it has in the past, it would visit once again, the famed Fibonacci Golden Pocket.
The golden pocket has huge volume profile, i have no doubt that long term bulls would be looking for buys from there (provided that it even gets there)
Another thing to note is that, there is roughly a 4 year period between market tops.
In fact, the duration between the 2013 top and the 2017 top was 1470 days (48.32 Months), only 35 days separate the 2017-2021 high to high period of 1435 days (47.17 months).
Should BTC follow a similar cycle, that could potentially mean a new all time high in October 2025.
BTC can even rocket from here, who knows, only time will tell.
Accumulation, mark-up, distribution- Rise and repeat, its been happening for centuries.
My bias remains unchanged, all my posted ideas are long & are suited for long term investors.
Those get rich quick cowboys are more akin to gamblers, not investors.
I believe that this is the time to be accumulating. Dollar cost averaging into your favourite projects certainly is more appealing now then it was a year ago.
Many coins will go to to zero, some may 10x-100x. Having a strategy is key. Do your own due diligence.
After all - “The market is a device for transferring money from the impatient to the patient.” - Warren Buffett.
Hopefully this helps my fellow investors, traders & gamblers.
Good Luck!
Speculative Setup, DYOR.
GREEN PANEL, A MULTI-BAGGER COMPANY!!MA says everything. green panel, has a good business theme, with a great fundamentals. (small cap company, good multibagger)
COMPARISON DAX 2008 and 2022 1W Char Description: Possible But is Not Guarantee Long-Term Sell invest on DAX
if you are long-term investor, and you like long-term positions you can see for setup to enter the market
in my previous analysis I told about mega gap fill on DAX and other index, but you can see
for reversal char pattern as you can see in 2008 H&S Bottom to exit your long-term sell position
Warning: This is not a Financial Advice nothing is guaranteed I am not a financial expert or financial adviser I only share my opinion
Important Areas/Points for BTCThe big picture for BTCUSD Analysis and the important points/areas
Ur comment matters!
Thank you!
NIFTY PHARMA, REACHED ITS BOTTOM!!the dark black trend lines drawn are the actual positions where the nifty pharma should carry on, i have drawn a support line from the corona crash till date, which shows markets have bottomed. please do read the text mentioned in the graph, to understand my full analysis..
