LOOOOOOOOOOOOOOOOOOOOOONG AND STEADYThe war that is often referred to in the context of Bitcoin's trend analysis is the ongoing battle between Bitcoin bulls and bears. Bulls are investors who believe that the price of Bitcoin will continue to rise, while bears are investors who believe that the price will fall.
This battle between bulls and bears can have a significant impact on the price of Bitcoin. If bulls are in control, they will buy more Bitcoin, driving up demand and therefore the price. On the other hand, if bears are in control, they will sell more Bitcoin, driving down demand and therefore the price.
There have been several instances in the history of Bitcoin where this battle between bulls and bears has been particularly intense. One such instance was in late 2017 when Bitcoin reached an all-time high of almost $20,000. At that time, the market was dominated by bulls who were buying up Bitcoin in anticipation of further price increases. However, once the price reached its peak, bears started to take control, and the price eventually fell by more than 80%.
Another instance was in early 2021 when the price of Bitcoin reached a new all-time high of over $60,000. Again, bulls were in control of the market, buying up Bitcoin and driving up demand. However, as the price approached $60,000, bears started to take control, and the price eventually fell by more than 50%.
In both instances, the battle between bulls and bears had a significant impact on the price of Bitcoin. As Bitcoin continues to mature and gain wider acceptance, it is likely that this battle will continue, and investors will need to be aware of both the bullish and bearish trends in order to make informed investment decisions.
Move
GBPCHF - Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
Here is a detailed update top-down analysis for GBPCHF .
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
bata india 15 minBata india is looking good setup for tomorrow bata india is at ceucial support area
this is the deciding level of further upmove or down move it formed a consolidation
at the crucial level after candle closes above that consolidation then it is confirmed that
up movement target will be 1662 big target trail your stoploss
Thank you
BSE:BATA1!
BTC WILL BOOM ... FOR SHORT TIME ....!!!!!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
We can see how the price shattered the triangle resistance line on the 3H chart.The resistance line became a support line after the price broke through it.Within a couple of hours, the price retests.The price has the potential to return to the resistance level following an anticipated retest; consequently, I have set our objective at 17.4k to 17.6k.This is my opinion, and I sincerely hope that it will be of use to you.
If you like my ideas then do support them with like and follow.
Also, share your views in the comment section.
Have you remembered.I have been published an idea previous weeks that market will fall , especially bitcoin.
Now i am going to clear this for you people that bitcoin is making inverse cup and handle form.
So bitcoin will fall to 13k to 16k soon , then it will step on on the bullish track.
Its on higher time frame so you have to wait for proper long term investment 😉🙂.
The moveHi everyone,
Update on free signal on TradingView: We hit our take profit in 3 days. 👌 (link down below)
Yesterday I mentioned that we are seeing an ascending triangle on ETHUSDT, which was bullish, and we were also looking at a double bottom and retest on the same coin. However, We couldn't confirm the next move since we had rising wedge on VETUSDT, which is bearish.
Today, we had some volatility and we also broke a resistance on BTCUSDT after forming a head and shoulders pattern. After breaking the last high, price rejected the major resistance, which is what I said 3 days ago on one of my posts.
Right, I expect the price to pullback to the last high (shown on the chart) and then retest it.
If we see a rejection from 23500 level, then we are going to retest the last major resistance and probably break it too.
Please comment if you have any questions, I will try my best to answer them.
Thank you😊
"Risk On" RegimesThis is how I get a general feel for the market AMEX:SPY NASDAQ:QQQ CME_MINI:ES1! CME_MINI:NQ1! .
First, simply looking at the relation between NASDAQ:QQQ and AMEX:XLU
This is to get a gauge by asking.. is the market buying tech/growth, or is the market buying utilities (which is more of a bear market exposure "safer" sector)?
I don't get complicated with that examination. I use a directionally colored 50 day simple moving average to determine that relationship. It is currently pointing up (long tech).
Now for the stuff going on at the bottom (thank you to @jroche1973 for the one on the top)...
Each of these are relational "indicators" similar to the idea of keeping tabs on the relationship between tech/utilities.
The 3 are:
- Equity vol TVC:VIX vs. Bond vol. TVC:MOVE
- Short term "less risky" fixed income NASDAQ:SHY vs high yield "more risky" bonds AMEX:HYG
- VIX contango (measuring the current VIX relative to a 3 month Vol Index CBOE:VIX3M
all 3 of these gauges are currently in "risk on" regime for how I use them.
I write this 30 minutes before a FOMC meeting, with expectations of a 75 basis point hike for the US, with a 100 point hike being on the table as well to combat inflation.
This will clearly move the market one direction or the other depending on what Powell says..
My current guess on the FED situation is they will start to slow hikes Q3 --> stop hikes Q4 --> start easing/expansion by Q1 2023. It's all cycles. This is all pretty dependent on inflation as well, but my $ is on that inflation just peaked out at 9.1 CPI and the FED will/has overtightened to the point of too much growth deceleration. All in the name of killing inflation (which does have to be killed)
All this being said.. bonds, rolling VIX stucture, current tech/utilities, and equity vol/bond vol are all pointing to a more risk on mode currently. Not to mention bad news has been getting bid up... depends on time horizon for each individual, but this isn't the worst spot to allocate some longer term tech holdings and some long duration bond exposure IMO.
This can change quickly literally within the hour depending on what Powell says. Nonetheless, I prefer to look at this stuff as where that is where more of the "smart money" gives hints as to what's going on underneath what we see in market pricing. Fixed income typically has bigger brains than equity bros (sorry equity bros).
At the end of the day I'm accumulating and long CME:BTC1! , the hardest money every created. I will also be long the long duration end of bonds NASDAQ:TLT AMEX:TMF .
Have a good one and hope this sparks some fun ideas for you all.
GOLD 4 Month Break DownGood Evening Everyone,
I know it's been a long time since I have posted. Been busy in the charts focused on personal growth. Inward energy which has now translated to my trading.
Please watch the entire video to understand my break down and thesis.
Lets see what tomorrows news brings. As always trade safe set stops set takes and make sure you are always using appropriate risk for your RR.
OH AND PLZ BE PATIENT TOMORROW YOUR ENTRY TARGETS WILL ALL GET HIT ;p
Happy Trading Safe Trading!
I'll get back to posting more frequently if we can give this video some love!!!! Cheers
Potentially LARGE GOLD MOVE INCOMING! URGENTHello traders thank you for viewing another one of our video breakdowns of XAUUSD .
We will always provide our community with daily updates and current status of gold . Currently looking for XAUUSD to continue its bearish trend down into the 1932 levels and potentially much lower on a break and close below 1941.
IF not we will hold the pennant formation for a push into 1960 range and will have to update from there.
From there I will update you on my bias for the intraday trades throughout the week. I may not be able to post once it gets down there as I will be asleep but we are looking for buys again out of that region with some red folders coming up for news tomorrow. We can certainly see another volatile day out of gold!
As always set your stops set your takes and be sure to always use proper RR!
Thank you for your support!
Bond Market Volatility & EconomyBond yields serve as a leading indicator of economic performance, with major headwinds in the form of inflation and labor shortages, short-term yields have begun to invert demanding higher premiums than longer-term bonds.
As the bond market moves in anticipation, volatility increases and serves as a signal to the broader economy.
$MOVE provides a benchmark with bond market volatility, with an uptrend and spikes nearing Feb/Mar 2020.
The chart presents measurements going back to lat 2002, reflecting a dramatic uptick in volatility as the housing market collapsed in 2008.
The uptrend reflected now is serving as another warning to the markets that turbulent times lay ahead.
🎯 HISTORICAL EDGE - 01APR22PRO TRADER: Do you see the HISTORICAL EDGE?
PRO TRADER: Yesterday was the last trading day of the month. We closed above the 200D Moving Average.
NEWBIE:... silence ....
PRO TRADER: We also closed for a second day down and we closed in the lower range of the intraday.
NEWBIE: And?!
PRO TRADER: This has a significant edge for market. We backtested it since 1996!!! And we see an oportunity you can take advantage of.
⬇️ ⬇️ ⬇️ RESULT ⬇️ ⬇️ ⬇️
This setup has occurred 28 times since 1993 ! 💎
The 1 day move has had 85% chance of being bullish 🟢 on the next day ( aka market session on 01APR)
The average winner has been 2 times larger than the average loser!!
Ethereum Classic (ETC) UPDATE 255.24Ethereum Classic has been trading within a descending channel (yellow) since the start of the month. As of press time, the $25.24 support level had held firm. Moreover, the price has compressed in the past 24 hours (white), just beneath the channel’s upper beneath. This could see the price break out to the upside, or face rejection at the channel’s upper boundary and move beneath $25.24.
Bitcoin could see $37.5KBitcoin (BTC) is set for a “bigger move” as soon as next week, fresh analysis says as volatility faces a breakout situation.
In its latest market update, trading suite Decentrader told readers that the time would soon come to “pull the trigger” with liquidity as BTC price action goes up or down.
Analyst on BTC: "The bigger move is coming"
Bitcoin has been making lower highs and higher lows throughout this week as a descending wedge on lower timeframes sees volatility ebb.
Such a situation cannot last forever, and for Decentrader’s Filbfilb, it has a matter of days left to run.
Gamestop - MOASSIdea for GME:
- The MOASS is here.
- There is a global shortage of both US dollars and high quality collateral for debt (10-year US Treasury bonds). Why would the dollar be rising despite the high CPI prints? It's simple. To borrow, one must have collateral.
- CS's Zoltan Pozsar explained in Nov. 19th Global Money Dispatch that currently, this demand is caused by Europe. "the ECB bough too much , reducing net supply via QE, and it topped it up with TLTROs... This week, the collateral shortage in Europe spilled over into the FX swap market: on Tuesday it became cheaper for a euro deposit holder to pay a premium and swap euros for dollars and buy Treasury bills with those dollars than to buy German bills."
- While I won't go into it, it is speculated that Citadel has a great short exposure to 10-year US Treasury bonds, through their repo market arm, Palafox. May or may not be true, but it is evident that someone (probably every hedge fund) is short USTs and they are also short GME. GME by extension is a bond market volatility proxy. As long as the correlations hold, it can be traded.
- What is also true is that Large and Small speculators are record short 10 Year T Note futures, while commercials are record long. Bond market volatility is reached a level where VIX was trading at 50+ previously and is higher now than what it spiked to during GME's first squeeze to 500. Somebody is about to get to get blown up.
Bond Market Options Volatility (MOVE) leads GME by 15 days. Timing of MOASS, Dec.3:
GME losing correlation with IWM and gaining correlation with VIX and USTs (new regime):
You might get one more smash down (I expect a smash in bonds in a risk parity event before a squeeze), but I am confident this is about to happen. I'm not even going to give a price target, but it's over 4 digits for certain.
When I did analysis for my AMC trade, I correctly read the psychology of the large market participants, after reading into it more and connecting the dots, turns out they were BlackRock and Citadel:
If you are short GME, do you even know who is on the other side of your trade? Retail "apes"? No no no!
BlackRock, who manages the US assets of foreign sovereigns, and ICBC China, with a 100% correlation to GME. China is about to enter an easing phase:
GLHF
- DPT
Causation always produces a correlation. Liquidity takes time to flow through the economic machine.