U.S. Elections: From Bullets to Green Candles🇺🇸 U.S. Elections: From Bullets to Green Candles 💡🌐
With Kamala Harris and Donald Trump both embracing pro-crypto stances, the upcoming elections are set to pivot towards crypto discussions.
Moving away from controversies like the assassination attempt on Trump, the focus now is on who can best integrate crypto into America's future. Trump's bold statement about potentially using Bitcoin to back the U.S. dollar has sparked significant interest and debate. Bullish
Election Impact on Crypto
Both candidates are increasingly engaging with the crypto sector. Kamala is considering attending the Bitcoin 2024 conference, while Trump is expected to deliver a historic message at the same event. This shift signifies a potential future where crypto plays a central role in America's economic strategy. With the Federal Reserve expected to cut interest rates, following the trend of other central banks globally, the financial landscape could be set for significant changes. Bullish again
Previous Predictions and Market Impact
In January 2023, I accurately predicted a strong Bitcoin entry point at $17,000, emphasizing inflation, interest rates, and solid fundamentals. This proved crucial for significant gains. 🌐
By February 2024, I predicted Trump's resilience amidst pressure, highlighting his favored status as "the loud rooster," and he indeed remained a prominent figure. My analysis of the geopolitical landscape was spot on, with Biden stepping down, leaving Harris to face the new favorite: The Rooster Trump. 🌐
Technical Analysis and Projections
The chart shows a new nice flag, indicating potential significant upward movement. Expect big green candles, possibly pushing Bitcoin to $100,000 or even $160,000, influenced by the election dynamics. These bullish patterns are supported by strong fundamentals and increasing institutional interest.
Political Influence on Market Sentiment
The political climate has always had a profound impact on market sentiment. Trump's potential plan to use Bitcoin to back the U.S. dollar could revolutionize the financial landscape, driving significant market momentum. This unprecedented move might not only stabilize Bitcoin's value but also cement its status as a legitimate reserve asset.
Future Outlook and Strategic Implications
Looking ahead, the integration of crypto policies by either candidate could define America's financial future. Harris might continue the current administration's regulatory path, while Trump’s approach could be more radical, potentially transforming the U.S. dollar into a Bitcoin-backed currency. Investors should stay informed and prepared for rapid market changes. The anticipated interest rate cuts in the U.S. add another layer of complexity and opportunity, as they could stimulate the economy and potentially bolster the crypto market further.
Let's hope for democracy and peace: no more bullets, big green candles.
One Love,
The FXPROFESSOR 💙
A bit of fun:
🏳️🌈Ka'mala (not Kama'la) Harris identifies as a she/her crypto enthousiast who keeps saying ''what can be unburdened by what has been"
🏴☠️ Trump has been dodging bullets like Neo in the Matrix , yelling 'FIGHT' seconds after being shot! Some serious Cowboy stuff!
Who do you prefer and why? Let me know in the comments.
Matrix
The Trading Matrix: 14 Vital Lessons DecodedThe Matrix is a movie where no matter what age you watch it, you’ll gain a different perspective from it.
And there is a wealth of knowledge and ideas that you can unlock when you dig deep into the movie.
A world where the line between reality and illusion blurs, much like the iconic film.
The Matrix, with its deep philosophical underpinnings and action-packed storyline.
It isn’t isn’t just a cult classic; it’s a treasure trove of lessons for traders.
Let’s decode a few trading lessons you can learn from The Matrix.
Building Confidence: The Neo Path
Remember Neo’s metamorphosis?
From Thomas Anderson, a man riddled with doubt, insecurity and worry.
To Neo, the confident savior of humanity.
This journey is similar to one that a trader takes.
You begin with uncertainty, doubt and worry.
You then develop greed and ego.
The market disciplines and humbles you again and again and again.
But then you develop the edge. You adapt to the trading world with gains, losses, drawdowns and different streaks.
And then you develop self confidence and resilience as a trader.
Like Neo, you might stumble, but remember, every setback is a setup for a comeback.
Confirmation Bias: Dodging the Bullet
Much like Neo’s iconic bullet-dodging scene, traders must learn to dodge the deadly bullet of confirmation bias.
Neo created some form of movements and hand gestures in order to stop the bullets.
But what he truly did was create confirmation bias that he was beyond the physics and laws of the universe. And this system is how he was able to go beyond the normal.
Create or adopt a trading system that with Confirmation bias, you can identify high probability trades.
And even though, you’re using some pseudo system that no one knows about. You’re simply turning chaos into financial order, to have a mechanical process involved – to grow a consistent account.
Only by actively seeking diverse viewpoints can you dodge the bias bullet and make decisions that are truly informed.
Take the Red Pill: Embrace Reality
Taking the red pill is about confronting the brutal truths of the market.
The trading world is not a bed of roses; it’s volatile, unpredictable, and sometimes harsh.
Those traders who take the blue pill –
Only look to win.
Only look to build their portfolio with an insane win rate.
Only look to go all in on certain positions.
When you take the red pill, you take on the realities of trading.
You acknowledge the risks.
You prepare for the drawdowns.
You know you’re going to take inevitable losses.
You understand that your past trading does not indicate future results.
Those oblivious traders – get destroyed.
Like Neo, when you choose the red pill, you choose to see the market for what it truly is, warts and all.
There Is No Spoon: The Power of Perspective
The “There is no spoon” scene teaches us the power of perspective.
In trading, the market isn’t your enemy; it’s your perception that needs adjusting.
Bend your mind, not the spoon.
Adopt a system which has a flexible mindset.
Be ready to pivot your strategies in response to market dynamics.
Success comes not from forcing the market to your will, but from adapting your will to the market.
Understand the Code – Understand the Matrix
Trading involves deciphering patterns, much like understanding the Matrix’s code.
The market moves up, down and sideways.
Given.
But with Price, Volume and probabilities – there is a proliferation of world of opportunities with each market.
Develop the ability to read charts, trends, and indicators.
Recognize that behind every market movement, there’s a code to be cracked.
Agent Smith and Market Manipulators
Just as Agent Smith represents a threat within the Matrix, market manipulators pose real dangers.
Stay away from markets with:
Too much volatility
Too many gaps
Unusual trading activity
Stay vigilant, and don’t be swayed by pump-and-dump schemes or misinformation.
They will disrupt your trading journey.
Training Simulation: Practice Makes Perfect
Remember the scene where Neo was practice fighting in simulations with Trinity and Morpheus?
He was testing, improving, adapting and learning.
You should do the same before you risk your hard earned money.
Test, Test, Test, Forward Test and Real Test.
Use demo accounts and simulations to hone your skills.
Make mistakes where it’s safe to do so, and learn from them without risking your capital.
Morpheus’s Faith: Belief in Yourself
Morpheus believed in Neo before he believed in himself.
Cultivate self-belief.
Trust in your analysis, your strategy, and your decisions.
Without belief, fear and doubt will cloud your judgment.
The Architect’s Plan: Strategy is Key
Understand the market’s architecture.
Develop a trading plan and stick to it.
Adjust as necessary, but always with the structure of your overall strategy in mind.
Free Your Mind: Emotional Control
Neo’s journey was as much about freeing his mind as it was about saving the world.
In trading, emotional control is paramount. You need to learn to let go of Ego, Fear and Greed.
These are your greatest enemies.
You can do this by:
Having a strong back tested track record to prepare for what is to come.
Risk even less until you don’t feel the losses.
Real trade with the smallest positions to get an idea on how the markets work and will operate when you incorporate costs.
Train yourself to remain calm and objective, regardless of the market’s ups and downs.
FINAL WORDS: The Path to Financial Awakening
Trading, is much like deciphering the Matrix.
It is an ongoing journey fraught with challenges, revelations, and the need for constant adaptation.
The key points to remember with the Trading Matrix are:
Building Confidence: The Neo Path
Develop self-belief through education and resilience.
Confirmation Bias: Dodging the Bullet
Seek diverse viewpoints to make informed decisions.
Take the Red Pill: Embrace Reality
Embrace the reality of the markets with all its risks.
There Is No Spoon: The Power of Perspective
Adjust your perspective and adapt to market dynamics.
Understand the Code – Understand the Matrix
Understand the code behind market movements.
Agent Smith and Market Manipulators
Stay vigilant against market manipulation.
Training Simulation: Practice Makes Perfect
Use simulations to hone your trading skills.
Morpheus’s Faith: Belief in Yourself
Cultivate self-belief and trust in your decisions.
The Architect’s Plan: Strategy is Key
Develop and stick to a well-thought-out trading plan.
Free Your Mind: Emotional Control
Master your emotions to remain calm and objective.
$TSLA 4 hour after Q1 2024 earnings - not for the average traderA volatile stock with so much FUD, so many unknowns, should not logically align with a chart of trend line continuation and geometric formation. I am being as imprecise as i can be without negligence to the study. Free hand no measurement just visual spacing. Lets see how this Legal entity moves through time and if there is any fractal patterning resonate within that movement.
AI Project Ready to ExplodeMatrix AI (MAN) has completed the Cup formation on the daily logarithmic chart, with USDT as the trading pair, and has successfully retested.
It is also scheduled to be listed on the Biconomy exchange on April 2, 2024.
MAN has the advantage of not yet being listed on major exchanges such as Binance, Coinbase, and Okex.
MAN is a real and experienced artificial intelligence project with a relatively low price considering its circulating supply.
Therefore, it is still not too late to invest in this project.
Ravencoin (Binance)Ravencoin is a blockchain platform that focuses on enabling users to create and trade digital assets securely and efficiently. Here's how it compares to Bitcoin and some information on its technology, history, and growth potential in a tokenized world:
**Similarities with Bitcoin:**
- **Decentralization:** Like Bitcoin, Ravencoin operates on a decentralized network, meaning there is no central authority controlling it.
- **Proof of Work (PoW):** Both Bitcoin and Ravencoin use a PoW consensus mechanism to secure their networks. This involves miners solving complex mathematical puzzles to validate transactions and add them to the blockchain.
**The Tech behind Ravencoin:**
- **Asset Creation:** Ravencoin is designed specifically for asset creation and transfer. Users can easily create and trade digital assets (tokens) on the Ravencoin blockchain.
- **Unique Asset Names:** Each asset created on the Ravencoin blockchain must have a unique name, ensuring clarity and preventing confusion.
- **Asset Transfer:** Ravencoin provides tools for securely transferring assets between users, with built-in support for messaging and metadata.
**History:**
- Ravencoin was launched in January 2018 by Bruce Fenton, Tron Black, and others. It was created as a fork of the Bitcoin codebase, with modifications tailored to its asset creation and transfer capabilities.
- Since its launch, Ravencoin has gained a dedicated community of users and developers who continue to contribute to its development and adoption.
**Growth Potential of Tokenized World:**
- The growth potential of a tokenized world is significant, as it opens up new opportunities for asset ownership, transfer, and liquidity.
- By enabling users to tokenize real-world assets such as real estate, stocks, and commodities, platforms like Ravencoin can democratize access to investment opportunities and streamline asset transfer processes.
- As blockchain technology matures and regulatory frameworks evolve, the tokenization of assets is expected to become more widespread, driving further adoption of platforms like Ravencoin.
In summary, Ravencoin distinguishes itself from Bitcoin by focusing on asset creation and transfer capabilities while leveraging a similar decentralized and PoW-based network. Its technology, history, and potential for growth in a tokenized world position it as a notable player in the blockchain space.
SKL/USDT: A Crucial Resistance Test AwaitsAnalysis Overview:
As we step into a decisive phase for SKL/USDT on the weekly timeframe, our attention is drawn to a critical resistance level that's been a formidable barrier in past trading sessions. The digital asset now faces a pivotal moment: a break and hold above this resistance could pave the way for a bullish continuation, but the journey is laden with both opportunities and challenges. Let's dive deep into the technicals that shape our trade plan, incorporating essential price action cues and indicators to navigate the waters ahead.
Key Resistance in Focus:
Our analysis hones in on the crucial resistance zone that SKL/USDT is currently challenging. This level, historically, has acted as a significant pivot point, dictating short to medium-term market directions. A conclusive break above this resistance, accompanied by increased trading volume, could signal the start of a new bullish chapter for SKL/USDT.
Price Action Cues:
Candlestick Patterns: We're closely monitoring the formation of bullish candlestick patterns near the resistance level. Patterns such as a bullish engulfing or a breakaway gap could serve as early indicators of a successful resistance breach.
Trend Analysis: The emergence of higher highs and higher lows following a breakout would confirm a bullish trend reversal. This shift in market structure is paramount for traders aiming to capitalize on early signs of momentum.
Volume Analysis: An uptick in trading volume accompanying the resistance breach would add credence to the breakout's validity, suggesting a strong buyer conviction behind the move.
Technical Indicators to Watch:
RSI (Relative Strength Index): An RSI breakout above 60 could indicate growing bullish momentum, adding further confirmation to our breakout hypothesis.
MACD (Moving Average Convergence Divergence): A bullish MACD crossover, particularly above the zero line, would underscore the strength behind the upward move.
Fibonacci Retracements: Should a breakout occur, Fibonacci levels will serve as key targets and potential reversal points, guiding our profit-taking strategy.
Trading Strategy:
Our trade plan hinges on a clear break and hold above the resistance. Entry points should be considered post-breakout to mitigate the risk of false signals. Stop losses are advised below the breakout level to protect against potential reversals. Profit targets can be established at subsequent Fibonacci extension levels, adjusting for market feedback and momentum indicators.
Risk Management:
Given the volatile nature of cryptocurrency markets, employing a disciplined risk management strategy is essential. This includes setting appropriate stop losses, not over-leveraging positions, and taking profits at predefined levels to preserve capital.
Conclusion:
SKL/USDT is at a crossroads, with its immediate future largely dependent on the outcome at this critical resistance level. While a breakout could open the door to significant gains, traders must navigate with caution, employing a sound technical analysis framework and risk management practices. As always, keep an eye on broader market sentiment and news flow, as external factors can significantly influence price action.
This trade plan aims to blend technical analysis with practical trading strategies, providing crypto traders with insights and a roadmap for navigating the current SKL/USDT setup. Remember, while technical analysis can offer valuable insights, it's important to stay adaptable and responsive to market changes.
The Bitcoin Matrix: Fibonacci’s $250k BlueprintI am tracing Bitcoin's trajectory to $250k using a unique technical lens - Fib circles on a logarithmic chart paired with extension spikes. These circles, six in number, have been instrumental in identifying key price action stages since Bitcoin's first halving.
We group these stages into three 'duo-phases'
( I, II, III )
( With two for each )
Each Macro Pair representing an integral era of Bitcoin's technical evolution in Logarithmic mode through s/r.
I've also linked my other future proof Bitcoin analysis ideas below.
Did you see that?A déjà vu is usually a glitch in the flow.
It happens when they change something.
Oh My God
Let's Go
They cut the Sell Side, it's a trap, get out!
Oh No...
** Short seller margin calls ring **
Oh, That's what they changed.
We're trapped short, there's no way out!
Be calm, give me your crypto key.
They'll be able to track it.
We have no choice
== Operator (Zero Hedge) ==
ZeroHedge, Find a crisis, find it fast.
Got it.
SI is collapsing, bitcoin is down hard. Should sell tech..
== Dealers ==
SPX. 4015. They are short 4015s
Bring TLT with you, 50% retracement, squeeze em out.
DXY Bullrun MatrixVBanks bought gold XAUUSD and cleared their imbalance in weekly chart = Retail Investors buy gold at its highpoint
Banks push the DXY so retail investors lose their money
1. Monthly Imbalance has been cleared
2. Trendline Liquidity has been broken
3. Confirmation for Bullrun => Price is rejecting daily imbalance & Liquidity Breakout
4. What does this mean => USD/JPY Bullrun , EUR XAU/USD sell
GG Ez Panzaknacka MatrixV
GBPUSD Bearrun MatrixVTomorrow I have an important exam, but I don't care, because you can make your yearly salary with ONE TRADE
GBPUSD broke through higher time frame trend (blue), and got rejected by its imbalance.
Imbalance means there is a lot of sell pressure (if you have multiple bearish candles with no bullish correction).
After the Imbalance price went to its demand zone and touched afterwards the Imbalance.
Banks are using this to close their other positions, because they trade in both directions.
GBPUSD sell.
GG Ez MatrixV