Bigger picture of where BTC is going (Part 2)Just wanted to add to my last view: as many of you know me already, only when we pass 10,500$ with confirmations from OBV and other indicators, only then I will turn to be mainly focused on full parabolic bull run on my trades.
Meanwhile I keep accumulating BTCs on my long term portfolio investment (I guess I will stop around 14k), and I keep on focusing on shorting the market at important resistances, only after we break the first most important resistance at 10500 with a bullish trend to break the big-term bearish move, only then I will start to longing the market at important support levels (And not only bottoms like on the last Corona crush)...
I love how the market works out so nicely with my expectations on most times. remember guys, always have a plan, always play by your own rules, and always learn what you can improve, avoid FOMO, avoid emotions, avoid chasing.
Also don't forget, I'm a speculator trader, a probabilities trader, my way doesn't fit everyone out there... as I usually recommend you should always focus on finding the mid-term trend and stick to it, this will give you most wins and the best steady profits out there with less risks, try to avoid leveraging, always use SLs, and you should be fine.
PS: If you wonder what are these numbers, these are the monthly candles which I calculate for each run (personal calculations), you will also see them on my previous update.
Midterm
Funding to Price relationship looks bullish.We see below the average future funding rate, which consists of Bitmex, Bybit, etc. For logical reasons, you can see a connection between the two curves. The smart thing is that you can see a flattening of the negative range at the current funding rate. If you look into the past, you can see that this is a very bullish sign. It looks like we have reached the funding bottom and can look forward to positive courses. The scale is of course unpredictable. However, I am assuming a violent pump in the next few weeks, which relates to halving. Well, speculate on good. (:
S&P 500: short/mid/long term Forecast. Conclusion: We are fuckedFirst of all: These are all just considerations on my part and should not be regarded as financial tips.
I have been very concerned with the problem in the past few weeks and see a good chance that my forecasts will come true.
I mostly refer to the Great Depression because all of the older predictions turned out to be correct.
Short-term: We will see a smaller dump. Various triggers, further unemployment rates, economic decline of 12% etc.
Mid-term: Investors continue to trust the Fed, which will continue to print money. The general population will also start investing as many will believe it can only go higher.
Long-term: The corona virus was only a trigger for the bursting of the bubble. The little upswing we will see is also called "Death Cat Bounce". It gets bad. I don't have to say more.
All right, if you disagree, just write a comment. Liken doesn't hurt either. Thanks (:
WTI Mid-Term Technical Analysis - Potential and Risk Here is a more in depth analysis of yesterday's published idea. WTI has appeared to have confirmed a new bottom with the EMI after closing repeatedly above bottom support (scripting thanks to @bonic) signaling a heavy buy signal on the weekly and monthly charts. We have to manage risk here. I have place a strong watch on the bottom uptrend support around 1.8 up to potentially 2.5 and so on. Stop loss should be used accordingly how low depending on how much you are willing to risk. Though that should be pretty clear if you stay up to date on analysis. immediate resistance but according to EMI appears likely to break through both 2.37-.39 and 2.55-6 resistance lines. If it fails to do so you may consider selling to play safe. Read the charts.
bounce off long term support
same bounce with a more current date range
GBPUSD MID-TERM FORECASTGood Day Traders,
Here is my forecast of price movement on the GBPUSD. Looking for a completion of the consolidation before entering in a long position with targets at the 128.00 area and further up before a fall in price to the downside. Let's engage in the comment section. Good luck to you all.
WHY BITCOIN CAN BE BULLISH NEXT DAYS 🧐Hello traders, please consider to put like here 💗!
Here on 4h chart I am looking at pretty simple setup of big Expanding Wedge and price sideways inside 5800 and 6800 range.
Another reason for bullish on this setup, I found similar fractal here:
To sum up here: if price will break 7000 we are going to see target in between 8000-9000 in nearest future.
Stop loss for this setup below 5800.
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[BTC] Bullish midterm tradeThis is how I will trade BTC in a bullish scenario. If we get a good break in $6909 I will buy.
Next, I will sell some % in the 3 target: $8859, $10426 and $11993.
You must adapt this strategy to your level of risk with a stop loss, lower targets and bigger % sells in the target.
If you win some $$ with this trade, you can buy me a coffee: bc1qejlru267zn25jxzs6p4tgm85el68ggx55eqdaq
NEOBTC | ABCD and triple bottom strong supportPreviously we analyzed NEO in accordance of USDT quote currency, unfortunately the position was strongly correlated with Bitcoin price action. In current market condition we received a confirmation of sustainability of NEOBTC in the mid-term
From a technical sign we have a strong buy signal because of completion of ABCD pattern and formation of triple bottom which stands now for a strong support of ascending trend
NEO is very oversold and its market value are much lower than real intrinsic price thus there is a good fundamental background for this position
We recommend to accumulate NEO and use amount you accumulated with USDT quote currency for middle term holdings
Entry price, target levels and stop loss are in the settings of automatic premium signal
BTC - Why we broke downThis may be a possible play in itself, as a measured move would have a target of around $4500.
Currently, the support is ranged from 4850-4975, but this is not extremely significant support and may mean that BTC breaks down from it towards $4500...
Whether the triangle is bullish or bearish is not relevant to me, as I only see it as some sort of symmetrical triangular formation meaning an equal chance to break out either direction.
- You may be wondering 'what was that massive pump and dump earlier today?' and my answer is: The federal reserve announced further cutting of rates towards zero, and initiating 'quantitative easing' with $700 billion. This will positively influence the prices of stocks but not forever... This is why I think BTC had a huge move up, and CMES opened after the bullish candle, but quickly sold back to the opening of the candle. -> The majority didn't think BTC was worth 5900 at the time.
- The 12hour 10SMA was exactly at the price, and this could also be why there was such a huge rejection:
After this move down BTC was back inside the triangle, and actually had a small rally to the top trendline before selling off and eventually leading to the break it.
I actually placed a short position in at exactly $5965 and played it down for a nice %60 profit.
My next support zone is between 4150 and 4250. This is also confluent with the Weekly closing below both the 200MA & 200EMA earlier today. This giving good reason for another test of the low to mid 4000's.
When in doubt zoom breakout !!While still highly volatile and very much unpredictably carried by OTC trading and other factors that can not be determined due to unforeseen market consequences or variables we cannot access I. E. Coronavirus — instead using strictly fundamentals in this deduction...
BUT For the first time since it’s inception we are starting to see some Healthy price action based on fundamentals and nothing too unpredictable with recent pullback to lower low , provides some perspective that for once BTC is not over or under valued & so those shorters wasted no time to wait is impatient shooters immediately made their entries
Assuming nothing else in terms of an anomaly/unpredictable variable comes in to play we should see 9800 support and stop loss is set at the red horizontal which is always the limit you should be setting as.
If you haven’t made your entry by now , I honestly recommend waiting/sitting this run out or risk #FOMO,
Make sure to do your taxes— Uncle Sam will play nice or play hide and seek and risk ramifications as opposed to coming forward and you’ll get clemency.
TGIF everyone peace and love and stay safe/sanitary!!
Please do check out my LinkedIn for some recent article :
TradingView/Stocktwits/IG/Twitter/LinkedIn:
-@a1mTarabichi
Right now I’ve got my eyes on gold silver and bitcoin as they are outpacing equity markets by a long shot and I have taken long positions on pretty much both tangible and intangible precious metals/commodities and I’m now a HODLer (Something I’m looking to change as I miss forex trading ;( but I’ll still keep a weekly publication for you guys as I know there are hands are full of you that enjoy my little tangents. :’)
Next major resistance at 9800 but remember to reiterate stop losses— ALWAYS!
Disclaimer
Note : T his is strictly conjecture based on my own technical analysis and not any information based on any sources from the GOP Or federal government/treasury dept / ay institution of any form this example is for educational purposes only and should not be relied upon for any other use. Please invest responsibly and make all decisions based on your head; not your gut. Any projections or figures provided in this analysis are Forward-looking statements And have no basis Other than my own opinion and not information related to the GOP, SEC or wall sf in general. Just the wiz doing what he always did best — Disclaimer must be extended and extensive So forgive me as I need to truly emphasize None of the information obtained in conducting this analysis was provided by insider trading in anyway shape or form.
Certain information set forth in this presentation contains “forward-looking information”, including “future oriented financial information” and “financial outlook”, under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; (iii) the expected development of the Company’s business, projects and joint ventures; (iv) execution of the Company’s vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company’s projects; (vi) completion of the Company’s projects that are currently underway, in development or otherwise under consideration; (vi) renewal of the Company’s current customer, supplier and other material agreements; and (vii) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment.
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Enjoy your weekend. <3 TGIF all!
-m.T
BUY HAS @ 98.8 take +16%, stop -3%Hasbro is a big toy company, one of the largest in the world. Today is New York Toy Fair (21.02.2020) this may impact positively 1st quater of 2020 for HAS.
The price on it's lows after weak earnings report, and it seems to me very pretty!
Buy @ 98.8
Take @ 115.0 (+16%)
Stop @ 95.0 (-3%)
Close stop, long run! It may take a few months to get to the take, be patient.
Low RSI. The stock price has crossed below the lower Bollinger Band, which gives us a buy signal.
Lower support line @ 96.7 (D).
#gold - Update on 3D, 22-02-20Hi guys,
first of all I hope you are alright and enjoy your weekend.
It´s time for some updates on 3D, since alot of targets (S/R´s) have been hit during this week on quite a few assets.
Starting with Gold we can see, that the uptrend is stable and the breakout above the formerly mentioned key-level worked out nicely. Shortly
there was a bearish PSAR flip, which resolved by now and pushed Gold even above the Yearly R1.
I have placed two important trendlines for you as well, as usual, the new targets for Gold above the price as resistances and below, if leadline breaks.
Stops from mid- to long-term trades likely sit below the Yearly Pivot now. Which gives us a clue, where a possible consolidation might head, if initiated by a harsh decline at one of the targets.
Uptrend is adult.
Above Cloud.
Above all three MA´s.
PSAR bullish.
Still please don´t forget, that all trends correct or take a breath at one point.
Happy trading,
Neru
#gold - Sideways/Slow Rise to continue?Hello Traders,
after Gold has been doing well recently, it made a rather poor breakout attempt on high volume and got declined (for now) but NOT being pushed back below the key-level and is now floating
without producing any major bearish signals here. It is absolut within possibilities we see a slow further side / rise up to the Pivot Cluster R3-Q and R1-Y, and this could fairly take months!
We have seen on this ride up twice the same situation regarding bullish signals on supports of MA50 and cloud combinations. Stops: Considering $1530 for Swingtrades a good one, simply cause chance are high you can buy back lower if this price is reached again.
For long-term investors this is a different story: $1446 is a range, but also likely keeps you within the growing process and if it falls below the Yearly Pivot, you really wanna be out.
Cheers guys.
Neru
XRP future coinXRP looks very scary in these days ,and most of the XRP investors (holders too) are bloody.
But don't forget that the XRP's movements are mostly sharp, and if there is an upward movement chance, certainly it will be a rough & sharp movement and it will be happen in maybe less than 3 days!
As i see in the XRP chart it will be back soon to its sharp movements , Maybe before of a serious upward movement we see some crazy up and down moves, But it will grow soon
and we will be shocked once more about this coin.
I seriously started to invest on this coin, because i see great potentials on its trend, the targets will be gain in midterm and This analyze based on the key points.
XRP will make everybody happy soon!
Good luck crypto investors.
Please post your ideas & comments here.
thanks.
The bearish trend is not over yet! Here is whyThere is no reason to be bullish if you look at the bigger picture.
The price of Bitcoin (BTC) is sitting at the MA 100 resistance and we will most likely see a Death Cross with the next 3D candle,
which is considered as a are event and a strong bearish signal.
Please watch the yellow boxes which highlight these events.
Let me know what you think!