Why Bitcoin won't drop from hereHello Traders and Investors,
My name is Philip and I am a German swing-trader with over 4 years of trading experience.
I only trade the higher timeframes, preferably the monthly chart, because this allows me to capitalize on the major market swings.
I view trading as a long term game over the next 20 years which will help me to build massive wealth - it is not a get rich quick scheme.
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Today I want to share with you my outlook on Bitcoin:
In the beginning of 2023 Bitcoin perfectly retested the previous cycle high of 2018 and already perfectly rejected this key structure level towards the upside. Since we had a cross support at the $17.000 level, there is a very low chance of Bitcoin breaking below this level at all.
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Most of the people always follow the quick money. But the quick money is never the big money.
They think that making 5% a month consistently is reasonable, which is one of the reasons why so many traders fail.
The only think which you can control is your risk, everything else is unknown.
Keep your long term vision!
Longterminvesting
Nailing Market Bottoms with Precision! 🎯📉Cryptocurrency markets are notorious for their volatility, making it challenging to identify the perfect entry points, especially during bearish cycles. However, a game-changing tool has emerged, the Investor Tool BTC Indicator, renowned for its remarkable accuracy in pinpointing true market bottoms. In this post, we'll explore the incredible capabilities of this indicator and its astounding track record of never missing the mark. Its next target? A staggering $150,000 per Bitcoin!
Cracking the Code: Investor Tool BTC Indicator
The Investor Tool BTC Indicator is a cutting-edge tool designed to decipher market sentiment and identify optimal entry points.
What sets this indicator apart is its exceptional accuracy in recognizing the true bottom of a bearish cycle.
Unveiling the Power: How It Works
The Investor Tool BTC Indicator employs a complex algorithm that considers various market factors, sentiment analysis, and historical data.
Its unique methodology filters out market noise, providing crystal-clear signals during uncertain times.
The Unparalleled Track Record: Never Misses the Mark
Perhaps the most astonishing aspect of the Investor Tool BTC Indicator is its impeccable track record.
Historically, it has accurately identified market bottoms without fail, instilling confidence in traders and investors.
Setting Sights on the Future: $150,000 per Bitcoin!
With its uncanny ability to call market bottoms, the Investor Tool BTC Indicator has set its next target: a jaw-dropping $150,000 per Bitcoin.
Traders and investors are watching closely, eagerly anticipating this remarkable price milestone.
Leveraging the Indicator: A Game Plan
Timing: Keep a watchful eye on the indicator's signals and act swiftly when it identifies a market bottom.
Risk Management: Despite its accuracy, always employ sound risk management strategies to protect your investments.
Continuous Monitoring: Stay updated with the indicator's signals and be ready to adapt to changing market conditions.
In conclusion, the Investor Tool BTC Indicator has revolutionized the way we approach cryptocurrency trading by consistently identifying market bottoms with unparalleled precision. As it sets its sights on the ambitious target of $150,000 per Bitcoin, traders and investors are eager to capitalize on its next remarkable prediction. Remember to combine this tool with comprehensive analysis and prudent risk management for a well-rounded trading strategy. 🚀💰🚀
Apple #Apple stock is at 178.30-180.
In 2021 this price range - act as support
In my opinion it's a good deal to invest in #Apple right now, Christmas is coming, a lot of guys will buy new #iPhone15 and #iPhone15Pro
Pushing the price down from 197.07 to current price of 178 is a corrective action that will push the price higher as long as 171 -172 will act a serious support area
#stockmarkets #StocksToBuy #StocksInFocus #StockToWatch
$PYR Range & ChannelBeen trading NASDAQ:PYR (Vulcan-Forged) around this channel and range for several months now. Just thought I'd share (hi poker)
As of right now, strictly looking at PA, looks like a deviation on the upper channel until proven otherwise.
I have been & will continue to accumulate a large spot bag over the next 4-6 months (avg. entry is around $3.05, looking to buy more <$3 later this year) with the goal of selling this above $50 sometime over the next 2 years.
As always, let's see.
SUBEX, 1DSubex has given good breakout on both long and short time frame.
Good base formation at 30-32 level. stock can move towards 39 and 40.
If it sustains can go further towards 50-60.
Volumes are building and something good can be announced soon.
Company has lot of sectors including AI, Blockchain, security, tele communiction.
One should visit company site to understand more about company dynamics
It is only for education purpose not a recommendation.
The EMA200 on BTC's Weekly TF: A Simple Yet Powerful IndicatorIn the fast-paced world of crypto trading, it's easy to get caught up in a web of complex charts and countless indicators. While there's value in detailed analysis, sometimes less is more. This is particularly true for long-term investors, who often benefit from a more streamlined approach. One such straightforward yet impactful tool is the EMA200 on Bitcoin's weekly chart.
Why Higher Timeframes Matter
For those who invest with a longer time horizon, higher timeframes offer a clearer, less noisy view of the market. While day traders dissect every minute movement, long-term investors are more interested in overarching trends. In this regard, the weekly chart serves as a reliable guide.
The Significance of EMA200
As of now, Bitcoin is nearing its EMA200 on the weekly chart for the first time since March. This is a key moment for a couple of reasons:
Bullish Outlook: If Bitcoin stays above the EMA200, we could be looking at another bullish rally, similar to what happened last June.
Bearish Outlook: On the flip side, if it falls below this line, we might be entering a bearish phase, much like the period from June 2022 to early 2023.
The Power of Simplicity
The EMA200 simplifies complex market dynamics into a single, easily understandable metric. While lower timeframes can be influenced by short-term volatility, indicators on higher timeframes like the weekly chart have a greater impact on long-term price trends.
Risk Management & Disclaimer
Navigating the volatile crypto market requires a disciplined approach to risk management. It's not just about capitalizing on opportunities, but also about preserving your investment during uncertain times.
Please note that these are my personal observations and not financial advice. Always do your own research and consult a financial advisor before making investment decisions. However, you might want to consider following me for more of my observations
Happy trading, and may the trend be with you!
Bitcoin:Monthly chart ViewHi guys.
Hope you have had perfect trades.
In this idea i will share you some TA perspectives about
Bitcoin Longterm reactions according to historical datas.
As you can see each time the price reached the MA50 , made a
trough below it and then come back above.
Now we can se in Monthly chart that after price shaped
a Bottom under MA50 , it tries to come back above with a
Bullish Engulfing pattern.
after that we surpass MA50 with another white candle and now ,
Unfortunately we have some frauds in market.
(China Evergrande Group bankruptcy and Tesla sold
millions of BTC).
So in my opinion after a few weeks , Bitcoin start to continue
its smoothed run and go towards 36000.
its the level we will see at the end of 2023.
after that...
Lets see what will happen and dont predict far futures :)
If you like my opinion please tell me yours in comment.
Thank you all my friends
AAPL Longterm viewI’m looking for buying some shares at 160$,
as you can see, sellside liquidity was taken, which is my first confirmation, my second confirmation is displacement above the previous, i would like to see it retrace to 160$ or lower, which sits below 0.5 fib AKA discount zone, anything there is buying zone for me.
This is purely technical analysis, since i believe in this stock.
Indian Railway Finance CorporationCompany is a funding arm of the Indian Railways for mobilizing funds from domestic and overseas Capital Markets. IRFC is a Mini
Ratna I and Schedule A Public Sector Enterprise under the admin control of Ministry of Railways, Govt. of India.
Clientele: Company extends loans to other entities of MoR, viz., Rail Vikas Nigam Ltd and IRCON International Limited.
We should take a little quantity at very decent dip. But RSI indicating stock trading in over bought zone so we should wait to take fresh entry till cool of the stock. It is my point of view according my analysis it is not any recommendation so be safe and do your study before the investing.
#longterm #Fundamental #technical #Penny stock #PSU
LTC: LONG TERM VIEW! BEST BUYING ZONE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to the new LTC update.
Today is LTC's halving and this might be the sell-the-news event. According to the chart, it is forming a symmetrical triangle in the weekly time frame and rejecting the resistance zone of $100-$120. I'm expecting it to drop more from here.
IMO, the best buying area for LTC is around the $60-$70 level. We have support here and also here the lower line of the symmetrical triangle lies.
Once it breaks out from this symmetrical triangle a new bullish rally starts for LTC and do not expect this before a proper bull run.
Hope this chart helps you. If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
The Power of Dollar-Cost AveragingThe Power of Dollar-Cost Averaging: Building Wealth Gradually
Introduction
In the world of investing, there's a powerful strategy that enables individuals to build wealth over time without the need for market-timing skills or significant capital: dollar-cost averaging (DCA). This method involves investing a fixed amount of money at regular intervals, regardless of market conditions. In this blog post, we will explore the concept of dollar-cost averaging and how it can be a valuable tool for building wealth gradually and with discipline.
Understanding Dollar-Cost Averaging
Dollar-cost averaging is a disciplined investment approach that involves investing a fixed dollar amount in a particular asset or investment vehicle on a scheduled basis, such as weekly, monthly, or quarterly. The key feature of DCA is that the same amount is invested consistently, regardless of whether the asset's price is high or low.
The Power of Consistency
Reducing Market Timing Risk: Dollar-cost averaging eliminates the need to time the market, which is notoriously difficult even for seasoned investors. By investing regularly, you spread your purchases over different market conditions, reducing the risk of making ill-timed investments.
Taking Advantage of Market Volatility: DCA allows you to purchase more shares when prices are lower and fewer shares when prices are higher. Over time, this strategy can lead to a lower average cost per share.
Embracing Disciplined Investing: Dollar-cost averaging promotes disciplined investing habits. It encourages you to stay committed to your investment plan regardless of short-term market fluctuations.
Building Wealth Gradually
Regular Contributions: Set a consistent schedule for investing, such as monthly or quarterly contributions. This habit ensures that you continually add to your investments over time.
Automate Your Investments: Automate the investment process by setting up automatic transfers from your bank account to your investment account. This reduces the temptation to deviate from your plan.
Stay the Course: Remain patient and steadfast during market ups and downs. Stick to your dollar-cost averaging plan, as its true power lies in its long-term impact.
The Magic of Compounding
Dollar-cost averaging harnesses the magic of compounding, where reinvested returns generate additional returns over time. The longer you maintain your dollar-cost averaging plan, the more significant the compounding effect on your wealth.
Conclusion
Dollar-cost averaging is a time-tested and straightforward strategy for building wealth gradually and with consistency. By investing regularly and without the need to time the market, you can overcome the pitfalls of emotional decision-making and take advantage of market volatility.
Embrace the power of dollar-cost averaging as your ally in wealth-building, and watch your investments grow steadily over the years. Remember, the key to success is to start early, stay committed, and let the power of compounding work its magic on your journey toward financial prosperity.
Happy investing, and may your disciplined efforts lead to a brighter financial future!
The Power of PatienceThe Power of Patience: Long-Term Investing
Introduction
In the fast-paced world of investing, where market volatility and hype can easily sway decisions, there's one timeless lesson that stands the test of time: the power of patience in long-term investing. In this blog post, we will explore the significance of adopting a long-term investment approach and the benefits it offers to investors who embrace patience as their ally in wealth-building.
Understanding Long-Term Investing
Long-term investing is an investment strategy focused on holding assets for an extended period, typically years or even decades, to capitalize on the power of compounding and ride the wave of the market's long-term growth. Unlike short-term trading, which aims for quick gains, long-term investing takes a patient and steady approach, emphasizing fundamental analysis and faith in the underlying value of assets.
The Benefits of Patience in Long-Term Investing
Harnessing the Power of Compounding: Patience allows investors to benefit from the magic of compounding, where investment returns generate additional returns over time. Compounding can significantly amplify wealth accumulation, especially when reinvesting dividends and capital gains.
Weathering Market Volatility: Financial markets are inherently volatile, with short-term fluctuations driven by various factors, including economic news and geopolitical events. By staying patient and maintaining a long-term perspective, investors can ride out market fluctuations without being swayed by short-term noise.
Reducing Transaction Costs: Frequent trading incurs transaction costs, such as brokerage fees and taxes, which can eat into returns. Long-term investors minimize these costs by holding assets for more extended periods, leading to better overall returns.
Opportunity to Invest in Growth: Long-term investors have the luxury of being less concerned about short-term market movements. This freedom allows them to invest in growth-oriented assets and industries with the potential for substantial long-term gains.
Benefiting from Dividends: Patience pays off when it comes to dividend investing. Many established companies offer regular dividends to shareholders. By holding on to these stocks for the long term, investors can enjoy a consistent income stream.
Keys to Successful Long-Term Investing
Invest in Strong Fundamentals: Focus on companies with solid financials, strong management teams, and a competitive advantage in their industries. Fundamental analysis provides insights into the long-term viability of potential investments.
Diversify Your Portfolio: Diversification is a critical risk management tool. Spread your investments across different asset classes, sectors, and geographies to reduce the impact of individual asset volatility on your portfolio.
Avoid Emotional Decision-Making: Emotions can lead to impulsive decisions in the face of market fluctuations. Stay committed to your long-term investment plan and avoid making knee-jerk reactions to short-term market movements.
Regular Portfolio Review: While long-term investing involves holding assets for years, it's essential to periodically review your portfolio's performance and reassess your investment thesis.
Conclusion
Long-term investing with patience as its cornerstone is a time-tested strategy that has proven successful for countless investors over the years. By embracing the power of compounding, weathering market volatility, and staying committed to sound investment principles, patient investors have the potential to build substantial wealth and achieve their financial goals.
So, take a deep breath, adopt a long-term perspective, and let the power of patience work its magic on your investment journey. Happy investing!
Long Term Bullish on EUThis is the Yearly chart and it carries so much weight.
We can see price traded lower into a deep discount of the range and we were stuck in a range for 8 Years dating back to 2015.
Looking more closely, this range where price has been trapped is a battle between the Imbalances (Grey zones).
Discount Imbalance sends price into premium imbalance and also subtly creates a massive pool of sell-side liquidity below it and just above the most discount imbalance(purple zone).
Premium Imbalance sending price back lower to run the stops below the most recent low and with the sell-side liquidity now paired with fresh institutional longs, I believe this could be the perfect storm needed to see higher prices on this instrument.
As nothing is ever certain in these markets, I would need to see this year close as a Bullish Engulfing to confirm a Bullish Bias, and if at the end of this year, we close lower than last year's low, then my Bullish Bias would be simply put in the back seat.
I hope you found this useful. Also, you can request insight on the instrument of your choosing and in my free time, I can take a look at it for you.
Indications that there may be some potential additional valueNYSE:BHG BHG's current price level of $13.45 Entry. Indications that there may be some potential for additional value creation if the stock continues to perform well over time. Bullish on BHG as long as its current price remains above its 52-week low and it has not recently fallen below its 200-day moving average price level or below its 50-day moving average price level. Additionally I'm considering holding shares of BHG for the long term, I believe they will continue to perform well over time based on their current performance and prospects for future growth potential.
Price target $51.5
NzdCad- Large flag could lead to 1k pips gainAfter it found the bottom at 0.76 back in October '22, NzdCad has started to rise and with the 0.83 break it also confirmed the reversal to an up trend.
The high of 0.88 back in December is followed by a correction and confirmation of 0.83 as new support.
The drop from 0.88 to 0.83 is contained in a large 5 months flag which at this moment seems complete.
A new leg up is probable from this point on and, considering the first leg up is 1.2k pips, we can expect the same.
In conclusion, I favor gains for long-term trades (3 months or so), and this bullish scenario is negated by a drop under 0.82
TATA COMMUNICATIONS LTD - Long Term + Cup & Handle Breakout Soon📊 Script: TATACOMM (TATA COMMUNICATIONS LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500 / NIFTY MID CAP
📊 Sector: Telecommunication
📊 Industry: Telecom - Infrastructure
Key highlights: 💡⚡
📈 Script is about to give cup & handle breakout, technically script is looking good for long term investment.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 1258.95
🟢 Target 🎯🏆 - 1400
⚠️ Stoploss ☠️🚫 - TRAILING
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat🔁
Happy learning with trading. Cheers!🥂
PFE set for a reboundPFE beat analysts' estimates on EPS but provided an outlook that didn`t meet expectations. However, The Co expects revenues to grow by 7-9% in 2023. Considering its plans to boost business by acquiring SGEN, the current market cap looks attractive as a reverse to mean play and a fundamentally driven long-term investment case.
Quick analysis on BURGAN BANKGood afternoon dear Kuwait inverstors!
I saw people on a group arguing on whether they buy BURGAN BANK stock or no, I made this analysis to share my thought with you.
You can see on the chart that the price kept going down on a channel for the past 9 years, Aug 2022 it did what we call a squeeze on the system I follow. Currently, the market is consolidating and we'll be waiting for it to break the channel to see if you must buy the stock or no.
For more questions on any market you want don't hesitate to ask and I'll be answering with pleasure!