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Supertrend

WELCOME TO THE BITCOIN SUPERCYCLEDear Traders and Hopeaholics alike, as the self-proclaimed President and Founder of HOPEAHOLICS ANONYMOUS (or HA for short), I gave you this chart... Which has hit with the most EPIC precision! If I don't toot my own horn... who will do it... Let's hope the market doesn't humble me and continues to grow... HA HA yes, I can laugh at myself. And I am about to tell you why I think we are only at the beginning... One day... a long long time ago in a faraway land (Australia) there was a man who called himself Satoshi Nakamoto... now he invented Bitcoin, and gave it a limited supply, of 21million coins, to date about 18.5million have been mined... It is estimated one-third of those mined coins are forever out of circulation, being forgotten about, lost wallets or passwords... but cannot be accessed ever again... There is also increased mining difficulty. This process has adapted overtime... On launch, miners received 50 BTC in 2012 it halved to 25 BTC then 2016 again halving to 12.5 BTC and last year on 11th May 2020 we are now down to a mere 6.25BTC (as of today's writing this that is approximately $300,000.00 USD) Bitcoin's inflation rate is lowered effectively at the 4year mark, and the algorithmic math difficulty increased, making it harder for the computers to "guess" or "crack" 64-digit hexadecimal number (a "hash") this can take trillions of attempts. With this, mining difficulty increased, it is estimated the last BITCOIN may not be mined until 2140 long after we have all left this Earth or if the network no longer continues to exist. Post 21 million coins mined - Bitcoin is designed to function as a closed market/economy, with transaction fees similar to taxes. At some stage for long-term survival, these fees will need to be capped or managed. So where is all this going you may ask... What Satoshi Nakamoto failed to take into consideration in this model, was SUPPLY AND DEMAND , in a closed market when demand is high and supply is limited, PRICE can increase in large increments, causing the price to rise in significant amounts in short periods. As we are seeing on the chart now. Over the next few months more and more you will hear, the term SUPER CYCLE , which I explain here. it is an Elliott Wave term that explains the strong demand and growth within a market in a short period of time. Why BITCOIN is not a PONZI is the strong demand within the market currently, and with demand we achieve growth. It is explained from an except www.britannica.com Supply and demand, in economics, the relationship between the quantity of a commodity that producers wish to sell at various prices and the quantity that consumers wish to buy. It is the main model of price determination used in economic theory. The price of a commodity is determined by the interaction of supply and demand in a market. The resulting price is referred to as the equilibrium price and represents an agreement between producers and consumers of the good. In equilibrium, the quantity of a good supplied by producers equals the quantity demanded by consumers. So in essence when the demand curve grows (the parabola is shown on the chart) the price grows with this, sometimes breaking away with increased high demand. These regions will always be tested (a correction) and then usually continue higher. It is only when this curve is broken the demand is waining that supply becomes abundent, hence causing the price to decrease. In summary, as long as DEMAND is high and increasing, and Bitcoin SUPPLY which we know is fixed or limited, the price will continue to grow. Again a more serious post from me, just alerting you to the fact CRYPTOCURRENCY is here to stay, and this is only the beginning! ********************************************** When trading, always know you are in control 100% as you are pushing the buttons, and it is YOUR money/cryptocurrency you are trading. BUT let me tell you this... at HOPEAHOLICS ANONYMOUS and in my world... ANYTHING IS POSSIBLE!!! SHOOT FOR THE MOON - EVEN IF YOU MISS YOU'LL LAND AMONG THE STARS, BUT AT THIS STAGE I AGREE WITH ELON AND THINK WE ARE ALL HEADED TO MARS!!! ********************************************** If you are unsure of direction or feel you are over trading I have a moto. IF IN DOUBT SIT IT OUT! There is no shame in not being in a trade. Stick to your game plan, wait for a set up to be confirmed, and ONLY take a trade if it all aligns. So please I welcome your comments and CONSTRUCTIVE FEEDBACK - ALL HATERS WILL BE FLAGGED AND REPORTED! And remember, there is NO RIGHT OR WRONG in trading - just money management! REMEMBER IF YOU ARE PRACTICING SAFE... TRADING ALWAYS USE PROTECTION (minimize your risk, use a stop loss. Especially in Margin Trades) ALWAYS!!!!!!!!!!!!!!!!!!! <3 Lisa DISCLAIMER: The Legal stuff - I'm not a financial adviser. Just a few quick thoughts - remember you sit at your computer, you push the buttons... PS make sure you give me a like, that way you get updates as I post them.... :) <3
BNC:BLX
by LisaNEdwards
17
IS CRYPTOCURRENCY & BITCOIN ENTERING A SUPER CYCLE?Dear Traders and Hopeaholics alike, It seems I am having the last laugh with my charts hitting targets, and it is now time to update my long term predictions, so as the self-proclaimed president of HOPE-A-HOLICS ANONYMOUS (HA for short) I give you the TOTAL CRYPTO MARKET CAP SUPER CYCLE!!! Before I hear you shouting HA HA HA, and I do appreciate your support :) Hear me out... WHAT IS A SUPER CYCLE? As many of you know, I am an ELLIOT WAVE ANALYST, and I have adapted this successfully for cryptocurrency, which moves in highly volatile movements, sometimes not following the rules exactly, but what we do know is that my system works, as I have shown. Wave measurements hit pivot points, allowing the analyst to know the direction, or eliminate potential wave movements as targets confirm. AND CONFIRM IS WHAT THESE PATTERNS HAVE DONE!!! After charting the #CRYPTOTOTALMARKETCAP for some time, I decided to strip it back and start counting the waves and subwaves of subwaves and DUN DUN (insert Law & Order sounds) and this is what I've found... In the book by Ralph Nelson Elliott, he describes this wave formation as a SUPERCYCLE or a GRAND SUPERCYCLE. The Grand Supercycle is the longest period, or wave, in the growth of a financial market as described by the Elliott wave principle. Like all Elliott waves, Grand Supercycle waves are subdivided into smaller generations of waves. The next smaller generation of waves are those of Supercycle degree. Modern applications of the Wave Principle also describe waves of larger degree spanning larger periods of time. In this case after a BEAR MARKET 2-4years. With this in mind, we are almost one year into this cycle which commenced in March 2020 with the bottom forming in BITCOIN at this point. AND IF YOU DOUBT ELLIOTT WAVE WORKS IN CRYPTO... CLICK THE PLAY BUTTON ON THIS CHART In the chart above I quote THE TECHNICAL STUFF Taking current ATH as WAVE 1 - we have a complete ABC corrective structure and currently in WAVE 3 - Potential high $27,000 and as much as $32,000 with some added FOMO. This chart is a 12month chart showing greater movement and showing GRAND SUPER CYCLE IN ELLIOTT WAVE . While it is still very possible that this could be the top, looking at the volume entering the market here on this TOTAL CRYPTO MARKET CAP CHART and confirmation of TECHNICAL PIVOT to take us higher, BITCOIN AND THE ALTCOIN MARKETS are about to go into wave extensions taking us into the GRAND SUPER CYCLE!!!! RSI shows in the previous cryptocurrency bullrun we can stay in this region for extended periods of time, previously 2 years, and being as this is the 3rd wave, it is likely for this period to be the same if not longer. It seems this is one of my more serious posts, just alerting you to the fact CRYPTOCURRENCY is here to stay, and this is only the beginning! ********************************************** When trading, always know you are in control 100% as you are pushing the buttons, and it is YOUR money/cryptocurrency you are trading. BUT let me tell you this... at HOPEAHOLICS ANONYMOUS and in my world... ANYTHING IS POSSIBLE!!! SHOOT FOR THE MOON - EVEN IF YOU MISS YOU'LL LAND AMONG THE STARS, BUT AT THIS STAGE I AGREE WITH ELON AND THINK WE ARE ALL HEADED TO MARS!!! ********************************************** If you are unsure of direction or feel you are over trading I have a moto. IF IN DOUBT SIT IT OUT! There is no shame in not being in a trade. Stick to your game plan, wait for a set up to be confirmed, and ONLY take a trade if it all aligns. So please I welcome your comments and CONSTRUCTIVE FEEDBACK - ALL HATERS WILL BE FLAGGED AND REPORTED! And remember, there is NO RIGHT OR WRONG in trading - just money management! REMEMBER IF YOU ARE PRACTICING SAFE... TRADING ALWAYS USE PROTECTION (minimize your risk, use a stop loss. Especially in Margin Trades) ALWAYS!!!!!!!!!!!!!!!!!!! <3 Lisa DISCLAIMER: The Legal stuff - I'm not a financial adviser. Just a few quick thoughts - remember you sit at your computer, you push the buttons... PS make sure you give me a like, that way you get updates as I post them.... :) <3
CRYPTOCAP:TOTALLong
by LisaNEdwards
23
NZD/USD skyrockets towards the targetsIt's a daily chart of NZD/USD. From the 19th of March 2020, it started to rise and still moving upward. For an easy understanding of the trend, I have applied the DMI and SuperTrend. Let's take a look at indicators, DI+ is above DI- that means the trend will continue to move upside. ADX is greater than 25, which also indicates the upside movement. Now talking about the trend, At present, the trend is moving upward, and it's marching towards the targets, which are 0.7160 - 0.7260 . But if the trend crosses the control price and successfully makes consecutive candles, then targets for the fall will be 0.6900 - 0.6800 .
by forextidings
NWC:ASX - NEW WORLD RESOURCES - 300% run since JuneNew World Resources has been having a pretty good run over the last 6 months. Looks to have finally broken out through a bit of a resistance area. With the USA looking more and more to self-reliance and domestic sourcing of mineral deposits, this could be worth a watch. From their about us at newworldres.com New World Resources has been assembling a portfolio of highly prospective mineral resources projects in North America. These assets currently comprise: the Antler Copper Project in Arizona, USA; the Tererro Copper-Gold-Zinc VMS Project in New Mexico, USA; the Colson Cobalt-Copper Project in Idaho, USA; the Goodsprings Copper-Cobalt Project in Nevada, USA. Collectively these projects comprise a highly prospective portfolio of high-grade projects all located in stable, pro-mining jurisdictions. Small-scale production has been recorded, historically, at all three projects, yet very little modern exploration has been undertaken at any of the projects. Accordingly, there is considerable potential for exploration success at all of the projects, which provides the Company the opportunity to realise considerable value for shareholders.
ASX:NWCLong
by zAngus
SPX bullish all time frames. Support at 3509.The SPX continues to hold its bullish tone on all time frames and is attempting to retry its intraday high of 3674. Pay attention to the monthly supertrend line on the monthly chart currently at 3645. As we enter into the traditional year end Santa Claus rally, the bulls must break the supertrend line to the upside coming dec to maintain the rally into 2021. Failure to break and hold the supertrend line puts the uptrend in the ST at risk. Short term support at 3509 must hold. A break of 3509 will see a ST downtrend to test 3446 and 3325.
OANDA:SPX500USDLong
by gekkohot
Direction forecast (Ill only enter if rules play out) (Detailed)So I personally believe we are headed to that 136.00 strong support line. Presented is the daily chart. Clear patter shows that when a bullish bar closes closer to the open price just beneath 138.00 following a bear trend, the trend continues. On the 4 hr chart a sell super trend triggered before the MACD and signal line crossed through the 0 line. When this a sell super trend triggers early on 4 hr chart like this the MACD and signal line will cross the 0 line as a rule. (I have not seen otherwise). Generally the sell super trend on a 4 hour chart will trigger at or just over the MACD 0 line. That being said I will be heavily rely on the MACD and signal line on 4hr chart to cross 0 line before entering a sell On the 3 hr chart the MACD and signal are flowing nice down through the zero line. Both lines are also flowing through negative bins. Cross down through negative bins with no or minimal positive bin interference, is a good sign for downward continuation. Also much like the 4 hour super trend trigger, the sell super trend on 3 hour chart triggered before the MACD and signal crossed the 0 line. As you can see the early sell super trend trigger, pushed the MACD and signal through 0 line. In order for all this to play out two important corrections need to happen on the 1 and 2 hr charts. On the 1 hr chart the MACD and signal line must correct beneath the 0 line with a MACD cross down on signal. The MACD line on the 2hr chart will correct and bounce off signal to maintain trend as well as sell super trend line If the MACD on 1 hr does not correct and resumes upward, the MACD signal cross up will trigger on the 2 hr chart which will then trigger an immediate buy super trend. If this happens the MACD and signal on the 1 hr chart will be the first to cross up through the 0 line which would cancel this idea. My entry rules: Wait for 1 hr MACD to cross back down through signal on to maintain sell super trend on 2 hr which will push MACD and signal lines on 3 hr further passed the zero line which then will trigger the MACD and signal on 4 hour to breach the 0 line. Strict rules give me big profit and help me avoid entering a losing trade. Hope everyone found this helpful let me know your thoughts
Short
by Pika7993