LINK Looks Juicy LINK has been accumulating for quite some time now - just bouncing in this range preparing for a large move imo.
Would look to enter on a retest of the mid-range or breakout above and retest - currently in no mans land with any real good entry location.
But on a higher timeframe this looks ripe to rip up to the target above at some point.
Annotations also on the chart!
Cheers
Range
BTC Detailed Top-Down Analysis - Day 93Hello TradingView Family / Fellow Traders. This is Richard Nasr, as known as theSignalyst.
93 out of 500 days done.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Possible Downside to Bitcoinhello traders
There is a bearish impulse wave and we have a correction in the form of running flat. It is possible that we will get another bearish impulse wave, but the sellers must break the last wall of the buyers and the buyers' reaction be corrective after break and the sellers overcome it as well
If these conditions are met, a sell trade will be executed to target the level of 18870
AUD-CAD Wait For Breakout! Sell!
Hello,Traders!
AUD-CAD is trading in a downtrend
And the pair has formed a range
So we are waiting for the breakout
To determine the direction
Of the next move and because
Of the downtrend, the more likely
Direction of the breakout is
To the downside, but as I said
We will follow the direction
Of the breakout when
Entering the trade.
For now the bias is bearish tho
Sell!
Like, comment and subscribe to boost your trading!
See other ideas below too!
Range bound Nikkei, Bullish mean revThe range bound Nikkei is rebounding off support at 25,750 and heading back to the mean at 27,875 and possibly to the resistance at 30,000. The last pivot low has created bullish hidden divergence which could mean the Nikkei breaks out of its range and rallies higher.
BTC Dominance Is Loving This RangeBTC Dominance Is Loving This Range
Yet again BTC Dom has bounced off this 40% support level - this can be interpretted many ways the most likely in this case is that BTC will likely be holding its cap (possibly even capital coming into it) whilst money drains out of the wider ALT market. With the USDT dominance looking like it might be dropping there could be a migration of ALT capital into BTC. Remember that when this happens this will "double" the impact of the BTC Dominance so not necessarily menaing that the Bitcoin price is going to fly....at all. Remember the dream scenario is always:
BTC Price Rise
ALT Market Cap Rise
BTC Dominance Fall
USDT Dominance Fall
Trading FlowchartThis is how every profitable trader that I know, makes money in the markets.
Know your Weekly, Daily, High, Low & Closing price levels
Know your intraday session opening prices
Look for swing highs and lows on your preferred trading timeframe
Buy High, Sell Higher
Sell Low, Buy Lower
Add to your winners
If the price turns 180º be prepared for sideways markets and take mean reversion trades
BTC - Almost Halfway Through The Accumulation E've been comparing recent BTC capitulation and now accumulation at the lows with the one in 2015. They are very similar in accumulation structure as well a how deep both capitulations went. Don't get me wrong, i don't thing this is a true bottom formation like it was in 2015 leading to the next bull run, but only forming a local bottom that just happens to be very similar as one in 2015. After completing this accumulation i still expect BTC will go into a retracement that can still take us slowly back in 45-50k area, before continuing the falL.
From the comparison with todays price action wth the 2015 one, we can also expect btc to still reach the top of the range, make even higher local high (green box) and still then fall down to the bottom of the range (orange box), before starting a long awaited retracement.
It all depends on a macro picture of the economy by itself. Will see what the stock market does first, but charts do show a local bottom being set for now.
DISCLAMER:
I am not a financial advisor so non of this should be taken as a financial advise. Be well.
What's next for DXY?
Based on the potential 2013 cycle and fed balance sheet - anticipation is that dxy should sideway to avoid extremes - - we can't move down as we have inflation and we can't move agressively a lot more up as we will kill the markets.
Dxy should stay within the projected range with slight downish bias for the next few weeks - but first emaflow entries will produce a buy signal which likely causes a test upwards which will reject and take us lower near the bottom of the green zone.
Highly suggest to check as it includes all the charts that explain the mindset behind this.
Bitcoin May Head To 21Khello traders
Despite the stability of Bitcoin, but there are other cryptocurrencies that fell by large percentages and reached strong demand levels with a very large percentage. The coming days, we will witness an upward trend in the cryptocurrency market
For me, a medium-term investment opportunity, I buy bitcoin and op
ETH - A busy, but important chartOkay yes there's a lot of lines on this one, I puked all my thoughts out onto it and tried my best to explain with text. I categorized this as a Long, however with potential more downside first... here's why.
Summary:
- want to reclaim 50th percentile of the overall fib (and breakout of downward sloping channel, at the least the channel eq)
- want to hold current support @ 1281
- if triangle is in play, target below in yellow back to downward sloping range low
- previous range base was also a significant range form January 2021, interesting is all
- elliot wave counts left out, might upload those later but they're on my YT
- bearish order block above in red (tapped twice)
- 786 fib is a must hold imo if we want no lower
Let me know what you think of Ethereum's current price action - in the comments!
V
Bitcoin - Entered a Long I shared this chart recently saying I'd enter in green, we wicked inside briefly and I got the bounce I was looking for the reclaim that EQ level.
Criteria for confluence is on the chart in the box, check it out.
Invalidation becomes more likely on candle closes below green and I'll be 100% out of this trade if we go to the 786 fib creating a LL on this trend.
Thoughts otherwise are on the chart.
Let me know your thoughts.
V
Bitcoin - Long Idea (if given)Current trade idea for Bitcoin - BTC/USDT - if I get this I'll take it (green).
Around 2% risk to my invalidation. This would assume the mid-range holds, but I know if/when I will be wrong. I do have confluence for this idea, see points on the chart.
Give me your thoughts in the comments!
Cheers
V
USDJPY range tradingThe range was formed and confirmed after the first two range expansions which would have stopped both the bulls and bears out who were short-term holders.
Since then we have traded within the range and once again expanded the range.
Whilst price is below the Weekly open, I am looking for reasons to get short.