Creating MillionairesWell, some would call me crazy. But that's my long term view:
TQQQ made 200x since inception in February 2010 until his top in November 2021.
Now, in my opinion, we are in the middle of a Bear Market.
My expectation is that this Bear Market will last till December 22 until June 23.
After that the next Bull market should start.
My expectation for the Nasdaq 100 is to trade around 47.500 Points after this 10 Year Bull Market, which would take the TQQQ to around 1000.
This would equal a 100x from the Bear Market lows, which I expect around 10.
Of course no one can predict the future but I would also be happy with just 50x in 10 Years :D
And I really think that this is a possible scenario.
So here is my plan:
in December 2022 i will start investing all of my money into TQQQ.
For the next 5 years i will put everything into TQQQ too.
AND finally in 2034 I'm hopefully a multimillionaire.
See you guys in 2034 :D
(not a financial advise)
Long-term
CHFJPY - Looking For Sell Setups ↘️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
CHFJPY has been overall bearish trading inside the falling broadening wedge pattern in red, and it is currently approaching the upper trendline.
Moreover, the zone 164.5 is a resistance zone.
🏹 So the highlighted purple circle is a strong area to look for sell setups as it is the intersection of the blue resistance and upper red trendline.
As per my trading style:
As CHFJPY approaches 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
ITD Cementation ITD Cementation is trading at all time high. Stock is about to give breakout at all time high levels with good volumes. Also, the order book is also very strong. YOY profit and EPS are in increasing trend. It Can be good investment pick for long term.
May be Added at CMP or upto 200 levels for a targets of 300-350 with strict SL of 150.
Remember this is long term bet.
BTC Fundamentals and Long Term predictionsI'm horrible at technical analysis but the fundamentals of bitcoin are something I'm very familiar with.
Like rats on a Caribbean Island Bitcoin will experience a hyperbolic s-curve that levels off once it:
1 reaches global forex market saturation (1-10%)
2 approaches 21M limit
Along the way global economic events will create massive bubbles as collapsing economies convert fiat into cryto (presumably BTC).
As the average price of BTC gets higher, and the collapsing economy's size get biggers, FOMO will make theses bubbles bigger and bigger as well (Red triangles). This is good news though, more opportunity for profit ;D
When the S-curve starts to level off we might see something like this elenastreuding.files.wordpress.com
or this
www.google.com
Its gonna be a wild ride to the top and I hope everyone makes some good money; don't forget to take profit!
-Goonch
Further Reading: medium.com
PS - I'm mostly ignoring the first major bubble because of MTGOX shenanigans
NVDA ~ Long-Term Buyers ZoneNvidia ~ A beast of a company & Leader in the Semi-Conductors and Computer industry
NVDA Stock has fallen nearly 60% with the recent market downturn. Nvidia has came to levels now attractive to buyers and is finding some Long-Term Support dating back to TrendLines from Years ago & Previous Resistance Zone in the Fall / Winter of 2020/2021.
Though Nvidia had some bad news recently which has pushed it further in to this zone, long term outlook from the company has not changed one bit. As the Price of NVDA falls the value behind the stock only increases, with the p/e falling to near 35.
Earnings are continuously growing annually, and this company is a monster in Tech. Long Term outlook here is strong, and the Risk/Reward near these levels are optimal for Long-Term investors.
If NVDA Breaks Below its current demand Zone which I expect it to consolidate in, we could see a run down to $100 and then Pre-Pandemic Levels.
TTM_Squeeze also indicates bearish momentum fading on the stock.
Overall, my thesis for NVDA Long-Term (3-5 years) is strong and bullish for new fresh ATHs.
RIOT Long term price prediction.Monthly charts and the RSI needs to have a turn around to have any momentum up in the near future. I expect a strong September depending on global economic conditions. Trading in correlation and tagging along with BTC, I have illustrated the 3 cycles and drew a trendline for my prediction for the new ATH at cycles end. Long term options for 1/17/25 $86. Enjoy the ride.
NSE:CCL Products - Updated chart key levels 🎚You can check the previous updates
CCL Products Ltd (CCL) is in the business of converting raw coffee beans into instant coffee granules/powder. The company is not only
India’s largest coffee processor, but it has the world’s largest single location plant and has top private label instant coffee manufacturers
across the globe as its clients. While prima facie it looks like a commodity conversion business, unlike tea or other commodities, coffee
processing is a specialist job as the flavour and consistency has to be maintained batch after batch irrespective of the input quality or
grade. Not many companies have been successful in doing this and hence, globally, coffee business has very little competition and high
profitability.
Worldwide CCL’s coffee is being consumed at the rate of 1,000 cups per second. CCL exports its processed coffee to more than 90
countries and supports more than 250 brands with sustainable supplies — both quality and quantity. CCL has on offer more than 1000
recipes for the clients to choose from. It has a combined state-of-the-art manufacturing capacity of 35,000 MTPA, which is spread over
Duggirala (Guntur District of AP), Kuvvakolli (Chittoor District, AP), Switzerland, and Vietnam. Having succeeded in placing their coffee on
the world markets, CCL launched its ‘Continental Coffee’ brand for the Indian market, which should act as a major growth catalyst, going
ahead. With the help of its rich experience in the international markets, it has developed 250+ blends, claiming they are superior to its
competitors’ blends
Bought 12,811 Ada for the Long TermCardano provides a potential long term play that will benefit the holders as many other Cryptocurrency Scams come to light, they fail and many people are left wondering why cant I have a fair chance of picking winners. Cardano offers a chance to redeem your view on Cryptocurrency as Midnight launches. The old way of investing into Cryptocurrency was always about good projects. As stories like Logan Paul's NFT, DNP3's Clucoin, Memecoins, and the various Ponzi Scheme 1%, 10%, 20% daily scams that prey on people that are getting into Cryptocurrency. Even Crypto Exchanges are failing so move offchain.
"Midnight will be a data protection-based blockchain that safeguards sensitive commercial and personal data, protecting fundamental freedoms of association, commerce, and expression for developers, companies, and individuals."
Bought 12,811 Cardano for AVG. Price of $0.288 last month. I believe this is a let's fly moment for Bitcoin and Cardano.
INVESTMENT IDEA FOR HALAs we can see the stock breaks its trading channel consolidation after 7 months with heavy volume and takes the support of the channel and again it breaks its trading channel on 16th November with heavy volume as compared to the last breakout volume.
STOCK IS TRADING ABOVE 20 50 EMA RSI crossing 60 from below. RSI 65
Hindustan Aeronautics Gets an LOI (letter of intent) for Nine Helicopters from Indian Coast Guard
letter of intent (LOI)
A letter of intent (LOI) is a document outlining the general plans of an agreement between two or more parties before a legal agreement is finalized. A letter of intent is not a contract and cannot be legally enforced; however, it signifies a serious commitment from one involved party to another.
educational purposes only!
XRP - Critical Zone 👀Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
XRP has been stuck inside a big range between our 0.3 support and 0.6 resistance.
📈 For the bulls to take over from a MACRO perspective , we need a weekly candle close above 0.6
In this case, a movement till the 1.0 resistance would be expected.
📉 Meanwhile , 0.6 zone is acting as a resistance, hence if we break below 0.5 , we will expect further bearish movement.
Which scenario is more likely to happen next? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
MyMI Options Play - AMZN CallsAMZN has recently broken it's current downtrend channel as identified but has also broken above and found closure/support above the 50% retracement from the $180 ATHs that it saw back in Nov. 2021.
I haven't purchased my long-term opts on this yet to see if a reversal in the current market push due to NVDA and other AI-Based movements that are holding up the markets. I expect some retracement at some point and potentially back to $114. From there I will look at the support we find back at that 50% retracement level ($114) and look for a long-term hold to back to the $140-$145s (if not higher).
SPY in the long term is looking to be touching resistance
The bull run in 2020 was nothing more than a massive false breakout caused by artificial juicing of the markets by the FED and GOV.
From long term perspective, we see that SPY is current at the top of its regular trading range that was set back in 2009.
There has been a few false breakouts above and below the trend since 2009
The is showing the support and resistance trend lines are spreading appart over time indicating the market is clearly getting more volatile as time goes on.
BESI for the long run.As we can see on the chart, BESI has been moving within this long-term trend the past few years.
It recently has touched the lower trendline again which has been acting as support for a long time.
By looking at what BESI has done in the past few years and with those 2 trendlines in mind, we can expect BESI to be bullish for the next few years to come until it has reached the top trendline again.
2023 is THE year to invest in Bitcoin ??? (Benner Cycle)🚀🌟 2023: THE year to Invest in Bitcoin according to the Benner Cycle 🌟🚀
Hey there, crypto enthusiasts! 😄 If you're wondering whether 2023 is the right time to jump into the Bitcoin market, read on. In this article, we'll be exploring a fascinating concept called the Benner Cycle, which might just give us a clue about what's in store for Bitcoin this year and in the coming years.
📜 Who is Samuel Benner and what is the Benner Cycle? 📜
The Benner Cycle is a fascinating market prediction model developed by Samuel Benner, a 19th-century American farmer who turned his attention to market forecasting after he bankrupted in 1873. Wanting to learn more why this happened, he started to look at markets and observed cycles in commodity prices and discovered that specific timeframes tended to see major market movements. By studying these patterns, he managed to predict market highs and lows with surprising accuracy. 🎯
🔑 The Key Concepts of the Benner Cycle 🔑
The Benner Cycle is built on the idea that market movements follow predictable patterns over time. At the heart of the cycle are three key periods: 8, 9, and 10 years. Benner observed that market highs typically occurred at 8-year intervals, while lows happened at 9- or 10-year intervals. By identifying these patterns, Benner was able to forecast future market movements with uncanny precision. Just have a look at the image below to see how accurate it has been:🔮
You might be wondering how the 2008 financial crisis fits into the Benner Cycle, especially since 2007 was called as a top in the cycle. It's important to note that while the Benner Cycle can accurately predict general market trends, it's not a crystal ball that can foresee every market event. The 2008 crisis was an anomaly caused by factors beyond the scope of the Benner Cycle. However, the fact that the cycle called 2007 as a market top does lend credibility to its predictive powers. 🔮📈
🤔 Potential Criticisms and Limitations of the Benner Cycle 🤔
While the Benner Cycle has its fair share of supporters, it's not without its critics. Some argue that the cycle is too simplistic to predict the complexities of modern financial markets. Additionally, the crypto market is still relatively young and may not follow the same patterns as traditional markets. That being said, the Benner Cycle can still offer valuable insights for investors looking to navigate the ever-changing landscape of cryptocurrencies. 🧭
🔗 Applying the Benner Cycle to the Bitcoin Market 🔗
Now that we've got the basics covered, let's dive into how the Benner Cycle might apply to the Bitcoin market. Like any market, cryptocurrencies are subject to cycles of growth and decline. By studying historical price data and applying Benner's principles, we can potentially identify key turning points in the market and make more informed investment decisions. 🧠💡
Looking at the graph above, we can see that according to the Benner Cycle, 2023 should be the low of the markets and this suggests that we're on the cusp of a significant uptrend in the cryptocurrency market lasting till 2026. Additionally, with growing mainstream adoption and technological advancements, there's never been a better time to invest in Bitcoin. 💰🚀
In conclusion, 2023 might just be the perfect year to invest in Bitcoin, according to the Benner Cycle. By understanding this fascinating market prediction model and considering its implications for the cryptocurrency market, you'll be better equipped to make informed investment decisions. Remember, though, that no prediction model is foolproof, so always conduct thorough research and seek professional advice if needed.
⚠️ The above is not financial advice ⚠️
If you're considering entering the Bitcoin market in 2023, keep these tips in mind:
1️⃣ Do your own research : 📚 Don't rely solely on the Benner Cycle or any single market prediction model. Make sure to study a variety of sources and consult experts when making investment decisions.
2️⃣ Diversify your portfolio : 💼 Don't put all your eggs in one basket. Consider investing in more traditional assets as well to spread risk and maximize potential gains.
3️⃣ Set realistic expectations : 📊 Cryptocurrencies can be highly volatile, and there are no guarantees in the world of investing. Be prepared for potential losses and keep a long-term perspective. Only invest the funds you can afford to lose.
4️⃣ Stay informed : 📰 Keep up-to-date with the latest news, developments, and trends in the cryptocurrency market. This will help you make more informed decisions and stay ahead of the curve.
5️⃣ Have a plan : 🗺️ Develop a clear investment strategy and stick to it. This includes setting goals, defining your risk tolerance, and establishing a timeframe for your investments.
Thanks for reading till the end! You're a champ! 🏆🍾
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Oh, and surely let me know what do you think of the Benner Cycle and the prospect of 2023 being the start of a new rally in the comments below! Looking forward to reading your opinions!