Simple Projection of Second Top (Hidden Bearish Trend) Simple Long-Term Prediction:
Since its highest price, BTC has been in a downtrend but It is hard to label it as a bear market. I am seeing it as a reaction that brought us to the significant support level which has been seen as the last pillar of hope with an enormous amount of fear.
If BTC can defeat the emotional level of 21.5k, It will give more buying opportunities to the bull runners. I believe that the real bearish market would be from the second top after the price reaches between the 30k-40k. I believe sellers lost a little bit of momentum. In addition to that, the U.S dollar index (20-year high of 114.78) is the major factor in driving the BTC price over the last few weeks which dropped below 111 points. As a result, It can boost market recovery for crypto and stock.
My previous BTC analysis was for the long-term strategy which pointed out the long duration of consolidation that means highly choppy trades.
To sum up;
I am still on the side of my second top scenario and not Fomo bungee jumping for 100k-300k price levels.
Thank you, guys!
Longterminvesting
BTCUSD - 200 Weekly SMA to the rescue (again)? 🤔What's up traders, gamblers, hodlers?
Been a while since I last posted an analysis and this was mostly because I've been in denial that we were in a bear market. Bias is a b#...
There is hope though... You see, in the 2 previous bear markets about halfway between halvings, bitcoin has found its bottom on the 200 weekly SMA which acted as support. So maybe, just maybe this might happen again?
I know that past performance is no guarantee for the future, but hey, if it happened twice, it could happen again, right?
Additionally, the time that has elapsed since the previous halving is about the same as the previous times this happened, which might increase the chances that we'll see bitcoin slowly turn around and start running up towards the next halving.
⚠️BUT .... the financial markets are very shaky, supply shocks, inflation, conflicts ... for a lot of traders and investors this is a RISK-OFF period, so don't expect a sudden turnaround, and keep in mind that just because it happened twice before, it does not necessarily have to happen again.
How am I dealing with this situation?
You probably know that I'm a strong proponent of HODLing and DCAing. I'm an investor, not a trader. So I've not sold a single satoshi, and I plan on starting to put some buy orders in to DCA considering that the potential upside from here is so much larger than the potential downside ... But this is my money, my decision, and definitely not advice for any of you.
So what do you think? ... Will the weekly 200 SMA be the bitcoin SuperHero again and come to the rescue?
Share your thoughts in the comments, and if you made it this far reading, you might as well click that thumbs-up button. ;)
Have a great day, and whatever you do, don't invest more than you can afford to lose.
✌🏽
DKNG Demand Zone + StrengthCompany : DraftKings has been showing Extreme Relative Strength after a nearly 100% move from its June Low to Recent Bear Market Highs.
This Relative Strength is not from nowhere and definitely, can be attached to DraftKings leadership in the Sports Betting & Gambling industry. DraftKings has opened up huge money-generating partnerships with NFL, and other large organizations. These agreements and contracts only have pushed DraftKings Higher.
While the Market has continued to drift lower these past weeks, DraftKings has been taking a necessary hit from its large run-up. DKNG is entering a Major Demand Zone Dating back to the IPO days. Technicals are showing a very large demand zone from the near $15 level towards the $10 level. With this heavy support area, we may see heavy consolidation for a time being, and a Strong appearance of Buyers.
This is a strong thing to note out, as this could be a strong Long-Term Aquiring location for many Investors to pick up in this Bear-Market.
Why Crude Oil is Trending Higher Again, Breaking Above US$100In this tutorial, I will explain both its fundamental and technical reasons for crude oil likely to break above and stay above US$100.
I am having two portfolios at all times, one for long-term investing and the other for short-term trading.
For the long-term I am mindful the current global inflationary pressure is real and it may last many months or even years ahead.
Therefore, my current investment mandate:
• U.S. stock markets – To trade them
• Commodities – To buy them
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
For your reference:
NYMEX Crude Oil
$0.01 = US$10
Example:
From $94.00 to $100.00
(10000-9400) x US$10 = US$6,000
First target is 349%Ardor (ARDR) is another of my investments since 2018, but it is still in good buy zone . This is trade (investment) setup on larger timeframe.. I am not looking to reach any of targets very soon, that could be year(s). I will sell most of my capital on targets 2,3,4. Small portion will be sold on Target 1 and hopefully on targets 4 and 5.
Entry Zone: 0.10 - 0.13
Buy Zone 1: 0.04 – 0.56
Buy Zone 2: 0.0082 – 0.18
Target 1: -0.632 – 0.725 (349%)
Target 2: 1.08 – 1.18 (670%)
Target 3: 1.47 – 1.60 (947%)
Target 4: 1.91 – 2.01 (1264%)
Target 5: 2.59 - 2.74 (1732%)
SILVER MONTHLY - GOLDEN POCKETSilver is about to reach a macro fibonacci golden pocket, this could be a good time to buy silver (preferably physical silver).
Make sure to do your own research, this is no investment advice.
Forecasts and forward-looking statements always involve risks and uncertainties.
Some things you might want to look at:
Gold/Silver Ratio
Silver/SPX Ratio
Silver Marktcap compared to Gold
RIsk of a silver ban compared to a gold ban
$MMM Longterm Investing OpportunityIs 3M currently a good Stock for a Dividendportfolio? NYSE:MMM
$MMM is coming closer to a level where it's getting interesting for buy opportunities. The overall structure is still bullish on the monthly as well as on the weekly. The orderflow on the weekly is currently corrective as price is inside a very clean pullback (PB)
The stock has been consolidating for the last weeks, which is a good sign because it is building liquidity on the bottom side, which we expect to get taken out before continuing to the upside.
So from the technical side, we can start ticking the boxes if price sweeps the Liquidity that it is currently building up.
From a fundamental perspective, 3M is getting closer to the fair value price, which is an additional confluence for me to open up long-term positions. It will be a good fit for my Dividendportfolio.
I'll make an update if the stock makes significant changes in pricing.
Potential Inverse H$SIt is looking potential since the last shoulder is trailing more sideways, but if were to break to the upside we would most likely see a significant move. Non bias approach to trading consist of what the simplicity of the chart is saying. Some times its the best to block out noise and look at what the chart says. I am more neutral in my stance at the moment and long term bullish in BTC. This could very well be a nice range to accumulate and Dollar Cost Average in BTC, not financial advice just something I am doing as well considering turning up my buys during these times to a good chunk of my monthly wages.
XNL could potentially hit 13c mid-July. Low risk high reward!The market cap is a minuscule 700k, there's a high possibility that the price could reach 1$ the next bull run, or even next year!
- The team is adhering to the roadmap
- 278 p.a. staking rewards on Near blockchain Trisolaris
- 20 p.a. on Kucoin
- XNL can be used to trade NFT's on their web app.
- Collaboration with Universal could be in the play, imagine Jurassic Park NFT!
Personally I DCA 40 to 90$ every month into this alt-coin.
Google Forecast. What do you think?I share TWO of my IDEAS!
1. First Option (1 YEAR)
Is done by looking at the Financial Health, Historical DATA and
calculating its Fair Value Today
2. Second Option is a Longterm Investment. That depends on the Market and Growth of Google
Disclaimer;
NO ADVICE TO INVEST and TRADE SAFE!
MONDAY OVERVIEW - Long term and intraday setups on INDEX and FXHi Traders,
This is my view for this week on:
- SPX500
- NAS100
- AUDJPY
- CADJPY
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Pit
DISCLAIMER:
Trading activity is very dangerous. All the contents, suggestions, strategies, videos, images, trade setups and forecast, everything you see on this website and are the result of my personal evaluations and was created for educational purposes only and not as an incentive to invest. Do not consider them as financial advice.
———————————
MANYAVAR aka. VENDANT FASHION LTD looks like a great buy at CMPVEDANT FASHIONS LTD also better known as MANYAVAR is a Monopoly clothing and accessory business when it comes to marriage related shopping.
Also, it has very strong Fundamentals.
Recently, It has broken on UPSIDE from the Box on good volumes.
Volumes are rising each day, can be an interesting buy for Medium to Long term.
Note: This is not an investment advice.
Netflix Analysts forget microeconomics principles... Hysteria??Netflix Q2 2022 Earnings Report: ir.netflix.net
Key Takeaways of Netflix Earning Report
> Lowest P/E ration in 10 years of operating.
> Revenue is UP 2.06% from last quarter.
> Revenue is UP 9.8% from Q2 of 2021
> Operating Margin of 25.1% is UP 19.1% from the last 4 Quarter average.
> Diluted EPS of $3.53 is UP 25.6% from the last 4 Quarter average.
> Global subscriptions is 6.7% UP from Q1 2021
> Cash Flow is strong.
> Netflix Content is still Great. Streaming market share for total US TV time has risen 0.4% in a 10 month period. That is factoring all the new cheaper competitors entering the Market.
> Net Margin has Been growing at a constant and rapid pace.
With the Financials briefly covered above, here are some of the key thoughts to keep in mind.
Why are financial "Analysts/reporters" trumpeting on about the around 2 million lost subscribers?
The answer is that they have not read the Financials. Their understanding of the streaming market is limited to subscriber count as the sole Variable to take into account. This is the unfortunate result of an incentive, to hold one reason or aspect as the sole driver of the streaming business.
>> The microeconomic 101 principle should have made it clear that as Netflix prices are raised there will be less demand.
>> What is more important is that the FINANCIAL inflows, more than make up for the lost 2 million subscribers.
The demand is Inelastic and therefore the price rise, was the right decision from a shareholder & business perspective.
>>> I will be DCA into this oversold discount, increasing my Netflix position in my portfolio. With the long term in mind, that Netflix is a main pillar in the continuously growing streaming sector<<<
Not financial advice, just an investor/trader's opinion. Who is looking for the best reward to risk In this turbulent market.
Check out my AMD analysis if you liked this Idea:
HEX/USD's Next Big Move?!After failing to respect an inverted head and shoulder pattern, HEx has seen lows of 0.10 cents in the past few weeks. Now, we are seeing it push aggressively towards 0.20 cents. This chart will help us understand the way price action is playing out.
Currently, I have no expectations for Hex price. The fact is, with only 40% of all Hex being liquid and 60% locked up between stakers and the PLSX, we can be in for a rocket straight to the moon after breaking all time high's and jumping into price discovery.
LONG TERM Dividends TA on ENB?Technical Analysis $ENB for a friend looking to add $ENB as a long-term investment
ENBRIDGE has been making gains and is a great Low P/E High Value Dividend Investment
here is a TA that brings us into 2026 $ENB Is no doubt a safe long-term investment no matter the price but that being said in this current GeoPolitical new world ENBridge could also show some growth potential that could send this stock price into a much higher tier with not much downside risk