FET long-term plan
AI hype has started again. Important AI cryptos are AGIX, OCEAN and FET. If you know any other one, please comment and share information.
Fetch.ai aims to enable a decentralized economy where autonomous agents can collaborate and transact efficiently without relying on a centralized authority.
I know that many of you may buy FET at much lower prices but in my opinion, this level is still interesting for a long-term hold.
In weekly time-frame, FET is breaking the neckline and the rally will continue.
With medium market cap of $400M at the current price, my targets are $2.5, $4.5 and $9.
------------- Information on FET -----------
FET (Fetch.ai) is a decentralized digital currency and blockchain project. It aims to develop a decentralized infrastructure for autonomous economic agents (AEAs) to perform various tasks, such as data sharing, AI learning, and machine-to-machine transactions. This infrastructure is designed to facilitate the efficient exchange of data and services between different AI systems, IoT devices, and other digital entities.
Disclaimer:
This analysis is based on my personnal views and is not a financial advice. Risk is under your control.
Seasonality
Bitcoin - Why I chose to be flat..I will be reviewing Bitcoin using my "Multiple Timeframes / Mutiple Factors" (MTMF) approach,
covering Fundamental Factors like : CoT, Sentiment, Seasonals and Technicals like Momentum, Volatility, Relative Strength.
======================================================
RISK WARNING
===================================================
There is a very high degree of risk involved in trading.
Past results are not indicative of future returns.
S.M.A.R.T. Trader Systems Ltd and all individuals affiliated,
assume no responsibilities for your trading and investment results.
The indicators, strategies, columns, articles and all other features
are for educational purposes only and should not be construed as investment advice.
Information for stock observations are obtained from sources believed to be reliable,
but we do not warrant its completeness or accuracy,
or warrant any results from the use of the information.
Your use of the observations is entirely at your own risk
and it is your sole responsibility to evaluate the accuracy,
completeness and usefulness of the information.
You must assess the risk of any trade and make your own independent decisions.
Owners, employees, agents, representatives and affiliates of S.M.A.R.T. Trader Systems Ltd (www.AlexSpiroglou.com)
may have a position or effect transactions in the securities described herein (or options thereon)
and/or otherwise employ trading strategies that may be consistent
or inconsistent with the provided strategies.
SOUN HandleCup and handle patter identified + election year + not May yet. Waiting Fed non-decision to give markets one last boost and for BOJ to disappoint because of FED to push hikes to May as goes the ancient seasonal adage: ("Sell in May and Go Away" &" live to fight another Day," I say.
Note: Not Advice; otherwise, Advise w/an Advisor of an Adviser. History not equal to Future; duh, but required to be in good form. Thank you, Kris
US30 SWING SETUPGood day everyone
We are looking to go Short for the (short term)as we can see by previous data since OCT 22-DEC22 the market has moved 22% up and the pullbacks measure around 10-9% .Current market price sitting @21,8% ,Daily chart showing reversal signs/exhaustion of bullish trend,end of Q1 mark tends to reverse trend.we got untested daily highs @3695,51 & @35736 .We do expect a pullback to 3695,51 lines up with previous pullback range OF 9%,falls on the 50% FIB MARK,
Please let us know your thoughts
USD/CAD TRADE 3 BEARISHNESS So am still bearish on the pair based on the analysis price has given us a sell level on H4, givin formation of a double top...The correction market nature is coming to an end and sellers and coming in anytime next week...so make sure you get your confluence right before taking those sell trade.
Confidence is not “I will profit on this trade.” Confidence is “I will be fine if I don’t profit from this trade.
- P.Malese
Crypto Rally: Is it a Bull Run or a Bear Market Bounce?## Unpacking the Crypto Rally: Bull Run or Bear Market Bounce?
The recent price surge in the cryptocurrency market has sparked debate among investors. While some see it as the dawn of a new bull run, others remain cautious, considering it a potential bear market rally. Here's a closer look at the factors fueling this discussion:
* **All-Time Highs Remain Untouched:** Neither Bitcoin nor Ethereum, the leading cryptocurrencies, have managed to close a monthly candle above their record highs. This stands in stark contrast to the decisive breakouts witnessed during previous bull runs.
* **Altcoin Performance Lags:** While some altcoins have experienced notable gains, many haven't recaptured their previous peaks. This uneven price movement across the market adds to the uncertainty surrounding the overall trend.
* **Historical Performance Doesn't Dictate the Future:** It's crucial to remember that past performance is not necessarily indicative of future results. While the absence of new all-time highs might suggest a bear market rally, it doesn't guarantee that altcoins and major players won't reach new heights eventually.
**Beyond the Numbers:**
Several external factors can influence the trajectory of the cryptocurrency market, making definitive predictions challenging. These include:
* **Regulatory Landscape:** Government regulations and policies regarding cryptocurrencies can significantly impact investor sentiment and market stability.
* **Institutional Adoption:** Increased involvement from institutional investors like hedge funds and investment banks can provide a significant boost to the market.
* **Technological Advancements:** Developments within the blockchain ecosystem and the broader technology landscape can introduce new use cases and drive demand for cryptocurrencies.
**The Bottom Line:**
The current crypto market rally presents an intriguing situation. While technical indicators and historical comparisons suggest a potential bear market bounce, the future remains uncertain. By staying informed about ongoing developments, investors can make more informed decisions about their cryptocurrency holdings.
**Remember:**
* Conduct thorough research and consider various perspectives before making any investment decisions.
* Cryptocurrencies are inherently volatile, so prioritize risk management strategies.
* Consult with a financial advisor to understand your risk tolerance and develop a suitable investment plan.
By approaching the situation with a critical eye and a focus on long-term trends, you can navigate the complexities of the cryptocurrency market with greater confidence.
BTC Halving & CyclesSimple chart showing duration of previous bull and bear periods. Overlayed with Bitcoin halving event and duration to market top.
- Green arrows show period from halving event to market top.
- Red arrows show period from market top to market bottom.
- Black arrows show period market bottom to market top.
Bitcoin price has followed a similar pattern of roughly 539 days (mean) from halving event to the market top. Then roughly 364 days from the market top to market bottom.
Will history repeat itself?
XRP: trade in dual support📊Analysis by AhmadArz:
Risk free in R/R-1
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
EURUSD BULLISH SCENORIO Hello folks here is my view about EURUSD am bullish in EURUSD my Bias is bullish thats why i will looking for only buy position below daily open focus on mention area and just see ur confrmation before execution
this is just educational purpose am not responsible for any budy Profit & Loss
SHOP - Back to bullish after correction - BullishNYSE:SHOP
-Positive trend and following trendlines
-Exceptions on Octobers (different low trendline)
-Just did a correction and filled a vector
-Already hit the 50EMA in the daily timeframe, and very close to hitting the 800EMA in the hourly timeframe
-A huge gap ~85.5 to be filled, and possible higher targets
-Stop loss slightly lower than ~70 (as it means it broke the strong support)
The fun part with this trade is low risk (only ~4% loss with possibly ~18% profit)
*Not Financial Advice*
DOT cycle analysis: VERY BULLISHThe chart in the middle is the market cap of all altcoins minus stablecoins divided by BTC's market cap. as you can see during the last bullrun we had a decline of this value while the price was rising slowly while bitcoin's price was rallying, and as soon as btc started reaching its top then DOT rallied massively.
Today's situation is extremely similar to that. I would suggest to get your positions ready for a big jump as soon as btc stops rallying as it has been doing in the past month.
I think we will see some consolidation above the 10 dollars resistance and then a big rally to about 20 dollars.
Good luck and have fun!
XRP: Bull Market VibesXRP, like many other cryptocurrencies, has experienced significant fluctuations over the past few years. In this article, we will analyze XRP's behavior from 2018 to the present, focusing on the bull market that started in December 2020.
Descending Channel (2018-2020)
From the summer of 2018 to December 2020, XRP was in a descending channel. This period was characterized by low volatility and a gradual decrease in price.
Sharp Pump and Bull Market (December 2020 - May 2022)
In December 2020, XRP surged sharply, breaking out of the descending channel. This pamp marked the beginning of a bull market that lasted until May 2022.
Ascending Channel (May 2022 - Present)
Since May 2022, XRP has been trading in an ascending channel. This channel is characterized by clear support and resistance lines, as well as XRP constantly testing the upper channel boundary.
Pump Expectation
On the daily timeframe, XRP shows a decrease in volatility. This pattern often precedes a sharp rise in price, so it can be expected that XRP is about to make a new pamp.
Bullish Sentiment Confirmation:
XRP has been holding in an ascending channel for 7 months, without breaking the support line.
The price is constantly testing the upper boundary of the channel, which indicates the bulls' pressure.
Decreased volatility on the daily timeframe is a typical pattern before a pamp.
Important Caveats:
It is important to conduct your own research and assess the risks before investing
Crypto Total Market Cycle top 2025I think we will see Crypto market cap hit at least $6 trillion this cycle.
The market will likely top out around summer 2025 and most of the major capital will be concentrated in the top 20 coins.
Retail will still play the shitcoin lottery.
I made a similar prediction in 2020 - x.com
AMC - So you're saying there's a chance?Michael Saylor once said "If BTC doesn't go to Zero, it's going to MIL:1M +". While I don't think AMC will ever be a moonshot like Bitcoin, I do think that if they don't go bankrupt in the next 2 years, there's a pretty good chance we 2x - 5x from current levels in the next 3 - 5 years. I'm using this video for myself as a Vlog to manage my emotions in what I imagine will be a wild ride (up and down) for this trade. I'll be curious to look back on this in 2026. I'll either look like a genius, or just another retail investor thinking they could beat the market. ;-)
GLD , the gold futures ETF LONGGLD is shown on this 240 minute chart with a falt top triangle drawn with upper and lower
trendlines for resistance and support. A volume profile is overlaid. Text boxes comment
on the basis for the trade and the use of the relative strength indicator. Price is low
in the high volume area confluent with the support line. I see this as a long trade set up
and ready to go. Zooming into a 15-50 minute time frame will help find the best entry.
The RSI indicator would need to have its time frame settings adjusted I typically use
one half the chart time and twice the chart time to get a decent time spread,
Gold is forecasted by some to reach $3000 spot price in 2024. Gold and Bitcoin compete
for dollar attention. Things will be interesting for sure.
SRF - will its tested consolidation bear fruit?Price is contained around 2000-2500 range for more than 3 years now. It could have broken out earlier but the financials are not favourable for that to happen.
Despite the negative quarters for SRF price is still holding its range — this hints that: market is waiting for positive news and any little positive can bring rush in price movement!
Since Management is expecting a recovery in 4QFY24 — if it happens I can visualise the price action as shown in the chart.
250,000 % ASMUSD Is this a huge cup and handle?!While looking around, I found this. It appears to be a cup and handle on the daily or weekly logarithmic chart with a price target of around $1.00 if it were to play out. The current price is around 0.04. Newly increasing volume on recent time frames since alts started moving. My monitor does not give it justice. Full disclosure, I bought a little while I wait for confirmation.
You have to see this on your monitor. I don't know anything about the coin, just looked at the pattern and did a little TA on it.