ADA, Cardano, 0.5 Fib retrace sets up a 27x Algo targetCan you feel that? the weight has been lifted...
With Trump winning the election and BTC breaking ATH, expect alts to rally. Hard. Cardano is set up perfectly, there isn't a better entry than this.
Key Points:
The 2020 bull market fully retraced to 0.5 fib
A retrace to only 0.5 fib suggests Cardano is very strong
0.5 tested multiple times with a higher low now in
Trump won the election - very bullish for crypto
The Trade:
Entry: anywhere here. this is a monthly chart. Think bigger picture. Buy and hold.
Algo Target: $10.33 (27x)
Stops: if something weird happens and this starts selling off, I'd be out under that previous low.
Range Expansion Target: $38.60 (100x) - less likely but who knows, might be worth keeping a small moon bag.
We won't talk about the Elliot wave targets... too high, too much hopium
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
Longterm
BTC - Market Structure 101!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
The BTC market structure has been very clean lately, which I find interesting.
📉Previously, after breaking below the last major lows (marked in red), BTC dipped.
📈Similarly, after breaking above the last major highs (marked in blue), BTC surged.
🔄If history repeats itself, and the current last major low marked in red is broken to the downside, we can expect another dip in BTC towards the $69,000 - $70,000 demand zone.
Meanwhile, as long as the current minor low in red holds, BTC would be overall bullish short-term and further upside is expected.
🕝What do you think?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Is bitcoin priming for 6 digit prices? This bullrun came out of nowhere and also did not give us the deep correction that we've come to expect from the previous bull/bear cycles. In fact, bitcoin managed to correct and accumulate inside the indicated range for an extended period, which is quite a feat considering the price per unit. This brings me to the conclusion that the correction is possibly over and bitcoin is ready to test ATH again. Also since the previous bear cycle was extended for a longer period (than what we know from history), it doesn't make sense to start another bear cycle right now. This reduces the probability for lower prices. What's even more strange and adds weight to the theory is that, it looks like (based on certain indicators) the next bull run has already begun!!
BUT!!
Bitcoin's strange MO is to always paint a green future ahead, just before dumping real hard. So take this one with a grain of salt.
Confirmation to look for:
The weekend is bullish and closes as indicated on the chart.
Trade will activate on confirmation!
Disclaimer: These are not trading signals. Trade at your own risk!
Lupin Long-Term Investment IdeaAs we can see on the month chart stock breakout it rounding bottom after a many years with very good volume and retesting. Bullish crossover on November 2023
Technical Analysis & indicators 🔍
Monthly Chart
Rounding Bottom
Educational content 📖
This stock analysis is designed for educational purposes and should not be taken as financial advice. Please carry out your own research or consult with a financial advisor before investing.
Visit the website and check fundamental
SasanSeifi| Is the Downtrend Here to Stay?Hey there, ✌ Let's analyse the chart of BINANCE:GRTUSDT , the native token of The Graph protocol, which is used for querying blockchain data. This protocol is widely applicable in decentralized applications (DApps) and DeFi, serving as a crucial infrastructure for information retrieval on blockchains. The Graph protocol is also somewhat related to artificial intelligence.
Currently, in the long-term 5-day timeframe chart, we observe that the price has decreased from approximately 0.50 to about 0.10. Following a reaction at the 0.10 support level, the price has entered a consolidation phase and is now trading around 0.13. The long-term outlook appears to lean towards further declines.
If selling pressure persists, key support levels between 0.080 and 0.060 (particularly in the Bullish Breaker Block and Order Block zones) may act as support. As the price approaches these support levels, we could see positive fluctuations and potentially a continuation of the range-bound movement. If a correction occurs, we need to monitor how the price reacts in these areas.
Conversely, if the price holds within the 0.13 to 0.10 range and buying interest emerges in the market, a breakout above the 0.20 level, with subsequent stabilization, could lead to increased bullish momentum, invalidating the bearish scenario.
💢This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
$HIMS IS HIM! BRING ON EARNINGS MONDAY! BULL FLAG SUCCESSFUL RETEST ON NYSE:HIMS
We are heading into earnings Monday morning, I'm confident!
My "HIGH FIVE SETUP" is pointing to $25+ while...
My "Valuation Analyzer" is pointing to $35 Fair Value.
Been on a heater; lets see if we stay hot!
A full, in-depth video from October 30th discusses this setup, technicals, fundamentals, and valuation, which are linked to this idea. Enjoy!
What is your HIMS price prediction after earnings?
LIKE l FOLLOW l SHARE
Will Kasia stay in the support zone?Hello everyone, let's take a look at the Kaspa chart in USDT pair, taking into account the time frame of one day. you can see here how the price has returned to the very important support zone from $0.177 to $0.0931, this is a very important zone because it is the last place of support before a strong price drop.
You can see here how the price is struggling to maintain the level in the triangle, from which we can see candles that are trying to pay off the triangle with the bottom, then the last support line is visible.
Looking the other way, when the price starts to rise again, first of all you can see the resistance at the level of $0.144, then the level at the price of $0.168 will be important, and then the very important resistance at the price of $0.208, which previously turned out to be the price peak.
BTC 4 Seasons CycleWhat I came up with is that in the bullphase Bitcoin tops out in Winter/Spring 🟦/🟩
Last cycle we had a double top but you would only miss out on 4-8% while saving yourself the headache of a 50% drop in summer 🟥
In the bearphase we bottom usually in Fall/Winter 🟧/🟦
I dont know how people can call for 48-55k or something else it would take us another year then until Winter to get back up and top out and to drop in 4-6 Months in Summer to the bottom its not usual for Bitcoin to do that.
It takes Bitcoin around 350 to 400 Days to hit the bottom you can see it in the picture below
2787 ! ATH XAU heading in today⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) reach a new record high during Wednesday’s Asian session as US election uncertainties and ongoing Middle East conflicts drive demand for safe-haven assets. Additionally, a slight drop in US Treasury yields and a softer USD further support the precious metal, outweighing the upbeat market sentiment, which would typically limit Gold's appeal.
⭐️Personal comments NOVA:
The uptrend continues to maintain - positive from the market before the November 5 US presidential election. Aiming for the price range 2787 - 2800
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2787 - $2789 SL $2792
TP1: $2783
TP2: $2778
TP3: $2770
🔥SELL GOLD zone: $2801 - $2803 SL $2808
TP1: $2795
TP2: $2780
TP3: $2760
🔥BUY GOLD zone: $2755 - $2757 SL $2750
TP1: $2762
TP2: $2770
TP3: $2780
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
Fries and Deep Fry Oil consumption Stock for the savingBeyond Oil - Boil.cn stock (Candian market) an Israeli company that has made significant Oil refreshing powder that gives more life X3 for cooking and better cleansing for Deep fried oily food. looking today looks like a good Buy for a portfolio.
BTC - Bearish Pressure Soon?Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 As per my last analysis, attached on the chart, BTC rejected the red structure and traded higher creating a new short-term structure marked in orange.
However, BTC is currently hovering around the upper bound of the channel and all-time high $74,000.
🏹For the bulls to remain in control long-term , a weekly candle close above $74,000 is needed.
📉In parallel, if the last minor low at $71,000 is broken downward, a bearish correction towards the lower blue trendline would be expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
XAU ! 10/30 ! Bulls dominate - continue to make ATHXAU / USD trend forecast October 30, 2024
Gold opened the week slightly lower, down 0.15%, pressured by rising US Treasury yields as markets gear up for significant US economic data that could influence the Federal Reserve’s policy direction. Traders are also watching the November 5 US election closely, with FiveThirtyEight showing Trump's odds at 52%, versus 48% for Vice President Kamala Harris, though she maintains a narrow lead in most national polls.
Strong uptrend - helping gold reach highest ATH 2782. Uptrend maintained going forward - Higher ATH: 2787 - 2800
/// SELL XAU : zone 2800-2803
SL: 2808
TP: 50 - 200 - 300 pips (2773)
Safe and profitable trading
Diwali Pick Upto 500% Upside:HDFCBANK Could Skyrocket in 5Years!Case study: NSE:HDFCBANK |Time frame: Analysis done on a 3Month time frame |Investment term: Long term (5 Years) Targets 5100 - 10000
HDFC Bank, one of India’s largest private sector banks, has experienced a three-year consolidation phase after a stellar 20-year uptrend 📉📈. This phase followed its merger with Housing Development Finance Corporation (HDFC) in July 2023, leading to a temporary growth slowdown and re-evaluation of financial metrics. Despite this, the bank has showcased solid financial performance 💪.
FY 2020-21
• Net Profit: ₹16,624 crore
• Total Deposits: ₹13,14,000 crore
• NIM (Net Interest Margin): 4.0%
FY 2021-22
• Net Profit: ₹18,258 crore (+9.8%) 🆙
• Total Deposits: ₹14,80,000 crore (+12.6%) 🆙
• NIM: 4.1%
FY 2022-23
• Net Profit: ₹19,034 crore (+4.2%) 🆙
• Total Deposits: ₹16,34,000 crore (+10.4%) 🆙
• NIM: 4.1%
The consolidation phase shows significant above-average volumes over the last 3 years as shown on the chart which might indicate accumulation (buying) , indicating strong investor interest and potential future movements. This period is expected to last another 1-2 years as HDFC Bank integrates post-merger operations and aims to restore key financial metrics. Committed to profitable growth, the bank focuses on improving return on equity (ROE) and NIM (Net Interest Margin) 🚀.
Investors considering HDFC Bank may see potential benefits, as the stock could offer a 200-500% upside over the next 5 years 📈. With robust financials, consistent profit growth, and a strong market position, HDFC Bank is poised for long-term gains 🌟. Patience with this investment may yield significant rewards 💰 .
✨🎆 Happy Diwali! 🎇✨ May your portfolio be as bright as the Diwali lights and your investments as sweet as the festival treats. Here's to growing wealth and sparkling returns! 📈💰 Have an awesome and prosperous Diwali! 🪔✨
Disclaimer: All ideas are my personal views and not financial advise. I do not have any Telegram channel nor do I sell any courses.
References:
HDFC Bank share price: HDFC Bank sees period of consolidation as it absorbs mega merger - The Economic Times
hdfcbank.com/content/bbp/repositories/723fb80a-2dde-42a3-9793-7ae1be57c87f/?path=%2FFooter%2FAbout+Us%2FInvestor+Relation%2Fannual+reports%2Fpdf%2FHDFC-Bank-IAR-FY22-21-6-22.pdf&form=MG0AV3
EUR/USD ! 10/29/24 ! move in trend, recoveryEUR/ USD trend forecast October 29, 2024
EUR/USD pulls back from recent gains, trading near 1.0810 in early Asian hours on Tuesday. The pair retests the upper edge of the descending channel, potentially signaling a bearish trend. The 14-day RSI hovers just above 30; a dip below would indicate oversold conditions, hinting at a possible upward correction soon.
Gold price moves within 2 H1 downtrend bands - waiting to touch the lower trend and recover
/// BUY USDJPY : zone 1.07950 - 1.07750
SL: 1.07450
TP: 60 - 100 - 250 pips (1.10250)
Safe and profitable trading
BTC - Still Bullish...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 As per my last analysis, attached on the chart, BTC rejected the red structure and traded higher creating a new short-term structure marked in orange.
📈As long as the structure marked in orange holds, BTC will remain bullish, and a movement towards the upper bound of the blue channel and all-time high at $74,000 is expected.
📉 If the orange zone is broken to the downside, a bearish correction toward the $65,000 round number would be expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
UMA ANALYSIS📊 #UMA Analysis
✅There is a formation of Descending Channel Pattern in daily timeframe.
We can see a breakdown of major trendline in #UMA and we would see a little more retest towards it's support zone and then a bullish movement could be seen
👀Current Price: $2.477
🚀 Target Price: $4.370
⚡️What to do ?
👀Keep an eye on #UMA price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#UMA #Cryptocurrency #Breakout #TechnicalAnalysis #DYOR
SasanSeifi| Will the $185 Resistance Break? Hey there, ✌In the weekly timeframe, as shown in the chart BINANCE:SOLUSDT , the price, after a prolonged consolidation phase, surged from the $30 price range with a notable upward trend, reaching as high as $200. This significant bullish movement stalled upon encountering the $200 supply zone, leading to a correction and a phase of price fluctuation.
Currently, after testing the bearish order block level twice and failing to break through, the price is once again approaching this critical area. If we witness a breakout above the $185 level with weekly candle closures above it, the price could continue its upward momentum, potentially reaching higher levels such as $218 to $240. In this scenario, monitoring price reactions to these key levels can provide a better understanding of future price movements.
On the other hand, if the price fails to break through the $185 level, and we receive a SELL confirmation in lower timeframes, there is a possibility of a pullback towards lower ranges like $140 to $120, which could be accompanied by further corrections.
This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
SasanSeifi| Will It Break Above the $2685 High?Hey there, ✌ In the daily timeframe, as seen on the chart OANDA:XAUUSD , gold's price started an upward movement from the $2300 range and reached a new all-time high (ATH) around $2685. After hitting this peak, the price entered a consolidation phase with a slight pullback that extended to the $2600 area.
Currently, we see that the price has rebounded from the $2600 level due to increased demand, pushing it higher towards $2,657. The medium- and long-term outlook leans towards further upward movement, with potential targets at $2700, $2725, $2750, $2790, and $2,800.
In the daily timeframe, maintaining the support range between $2600 and $2570 is crucial for sustaining the bullish trend. A likely scenario is that if the price stabilizes above $2660 and $2675, it could break the previous high and move toward the mentioned targets, as illustrated in the chart.
To gain a better understanding of the future trend, it's important to monitor how the price performs in the early days of the market. Additionally, if bullish momentum weakens and confirmations appear in lower timeframes, there could be a chance of range-bound movement or a retracement towards the support levels.
This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
MKR-USDT 1W chart long-termHello everyone, what is the situation on MKR in the USDT pair, looking at the one-week time frame. We can see how the price formed a triangle from which we got a bottom exit.
Let's start by setting goals for the near future, which include:
T1 = $1664
T2 = $1982
T3 = $2,503
AND
T4 = $3,327
Looking the other way, you can see how the price remains at strong support at the level of $1,143, but if we go lower, there is still a very strong support zone from $668 to $449, which must help stop the price in the event of an even greater recovery.
MKR-USDT 1W chart long-termHello everyone, what is the situation on MKR in the USDT pair, looking at the one-week time frame. We can see how the price formed a triangle from which we got a bottom exit.
Let's start by setting goals for the near future, which include:
T1 = $1664
T2 = $1982
T3 = $2,503
AND
T4 = $3,327
Looking the other way, you can see how the price remains at strong support at the level of $1,143, but if we go lower, there is still a very strong support zone from $668 to $449, which must help stop the price in the event of an even greater recovery.
Palladium is the new Gold... Thank me later!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📌What is Palladium used for?
Palladium is used in catalytic converters for automobiles, in fuel cells to generate power, in jewelry, dental fillings, and electronic components. Catalytic converters convert the toxic gases from automobiles into less harmful substances.
📌How Rare is Palladium?
Palladium is one of the rarest metals on earth and even more scarce than platinum – 15 times more rare to be precise. If all the platinum in the world fits in your house, then every ounce of palladium can easily squeeze inside your living room.
📌Technical Analysis:
This week, Palladium rejected the $1000 round number and support zone and broke the Daily structure marked in red.
As long as the bulls hold, I expect a bullish continuation towards the $1700.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
WBD bottoming in process, turnaround soon? Target 70 USD +Following WBD for quiet a few years, and we could witness now a bottoming process, where either we have the lows already in, or we should be near to it.
On the several year-prospect we had already a wave 1 (or A wave) to the upside, with a wave 2 several year pullback as either as a-b-c (with an overshooting b wave to the upside), or a WXY structure.
Yellow route is the alternative route for now, which highlights one more bigger swing lows arriving (and that currently we might be in yellow wavecounts, where price action SHOULD hold the 8.30-8.40 USD mark and not break below comfortably. (Secondary scenario)
Primary scenario where I watching primary a bottoming process is the white route where the white big wave (2) is already in at ~8.80 USD. As the weekly and daily MACD/RSI showing bullish divergence, and also the runup having clearly impulsive characteristic from that bottom, I am leaning towards this scenario.
Be aware, yellow is still not invalidated though. I am re-publishing the idea, since the previous one got flagged for house-rule-violation.