TERM
GOLD - potential swing longs from POIDear traders,
Finally, GOLD has shown a reaction from a weekly POI.
Potential buys are incoming. The price might drop down to test the demand zone before going higher.
At the same time, it can just continue higher without any retracement.
Anyway, we must REACT NOT PREDICT!
Wait for a confirmation and use your own strategy for entry to get involved.
Don't forget to manage your risk properly.
DISCIPLINE
Strive for patience, perseverance, determination, & rational action.
Limit your losses, use stops.
Never cancel a stop loss order after you have placed it!
It's just an idea of mine.
However, everyone can share their thoughts in the comment section below.
Also, don't forget to support me! :)
Disclaimer: Trade at your own risk. I'm sharing my ideas and not giving trading advice.
Always plan your trade and trade your plan.
Daily review of BTC interval 4HHello everyone, I invite you to the BTC to USDT review for four hours and as you can see we are moving above the local uptrend line.
Looking at the next hours, maybe days we have a support zone from twenty thousand six hundred fifty one dollars to twenty thousand four hundred twenty two dollars, if this zone is broken the next support is at a price of nineteen thousand seven hundred sixty seven dollars.
Looking the other way, we have a resistance zone from twenty thousand nine hundred and twenty dollars to twenty one thousand one hundred and seventeen dollars, then we have resistance at twenty one thousand two hundred ninety seven dollars and twenty one thousand four hundred sixty eight dollars.
At the four-hour interval, the chop index indicates that the energy has been used and is slowly starting to increase, while the makdi indicator indicates a local downward trend.
GRT Next Bull Run Coming?Entry for Spot Trading: $0.08
The Graph is an open-sourced software used to collect, process and store data from various blockchain applications to facilitate information retrieval. AI and Big Data will be our future.
The GRT cryptocurrency derives its value from its ability to ensure the successful execution of smart contracts that depend on the The Graph protocol.
Most notably, GRT is the only cryptocurrency used for key network operations. For example, consumers who submit queries to indexers must pay a query fee, denominated in GRT.
We need patience, waiting for next bull run. This is Week TF, Future trading is not recommened.
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If this is your first time coming to my idea, thank you very much for taking the time to pay attention to it. My opinions are all subjective and personal. It might be right, or wrong, but there is one thing I can guarantee you will never go wrong - always set the SL for each entry before setting the TP for it.
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Long in bear market opportunity!This is my plan for Hathor Networks. I see great things in the projects future. This is a SPOT trade for long term large gains but can be modified as you see fit. Levels are all on chart. I will be buying from here down and riding it to the top which could be two or more years but I doubt it. There are also good TP's on there or for shorter term any variation of those will work. I am accumulating this coin anyway so I am not worried about downside potential. This is just a great entry point in my opinion as well as a good opportunity for other to check out $HTR! I don't publish my trades usually but figured I would this time. Hope it helps.
LONG AGIXUSDT SPOT TRADE FOR ACCUMULATION BUT ADDED TRADE IDEAThis is one of my favorite cryptos. $AGIX is an AI based project that has incredible fundamentals. I put a trade setup but could care less about it because I will keep accumulating as many bags of this as possible for next cycle. I do feel this trade will be profitable though but the better bet is to hodl it and keep adding. Sell at 50-100x or more next bull run. Of course take profits along the way but this is a killer project. Everyone should do your own research but I think you will agree this is a true crypto GEM. No leverage just spot and is on KuCoin on the USDT and ETH Pairing.
Not financial advice but grab some moon bags and hodl this token!
S&P 500 INDEX 04 nov 2022 Long Term Analysis (Daily Time Frame)Hi everyone,
Here is my 04 November 2022 long term S&P 500 INDEX analysis. #SPX
To date ( 04 Nov 2022) I have deduced that the market offers two scenarios. The first one (the most likely one in view of the geopolitical and economic conditions from a macroeconomic point of view) would be a continuation of the decline. I have estimated this scenario to have an 80% chance of success, either from a technical point of view or 25 out of 26 indicators are either neutral or bearish. Or from a macro economic point of view where today we have just learned that the unemployment rate is back on the rise (3.7%).
The second scenario, less likely, would be to follow the rise of the second half of October, then succeed in reversing the trend and breaking the descending channel in order to resume a long-term uptrend. 20% chance of success.
RED SCENARIO:
Personally and in view of the different technical and economic factors I think that the red scenario has a better chance of being realized.
It is not unlikely in the coming months that we will return to test the support area of $3550 or even that we break it to continue the decline. The economic conditions to continue the decline are mostly met, they will remain to break with high volume down this support area while remaining in the channel.
Once this support zone is broken, we have a very high probability of testing the support line of $3235 and why not that of $3000.
However, beware of the latter, which is a psychological level that is very popular with traders.
And finally if the conditions have not improved by then, or even worse have deteriorated. We could "maybe" have a continuation of the decline to the low reached during the covid, ie to the resistance zone of $2250
This final hypothesis is really to be taken lightly.
BLUE SCENARIO:
Much less evident the blue scenario is still not impossible, it would require however many conditions which are for the moment not present.
The first and most important would be global economic conditions (Decrease of embargoes with Russia, Decrease of interest rates, Decrease of inflation, Decrease of unemployment rates etc...)
Secondly and simultaneously it would be necessary that the technical indicators begin to consider a reversal (Important RSI divergence in Daily see in weekly, crossing of the mobile averages etc...)
And thirdly, and strongly helped by the first two conditions, the price should break the bearish channel with high volume to consider a possible reversal.
During this break we would have a strong chance to observe a reversal pattern and probably a strong RSI divergence.
If all these conditions are met, then we could envisage a long-term upward turnaround.
Conclusion:
For now the S&P500 is bearish and has a strong chance to continue its fall in this bearish channel, however we do not lose hope to see a reversal happen in a few months/years. For that we will have to respect some conditions but as we know in the financial markets, nothing is impossible.
If you have any questions, I remain at your disposal in the comment space.
USDCAD buy and sell areas LONG TERM!Looking on the daily we can see that price is proven to struggle around the 1.38 resistances so I have highlighted that as a nice long term short area... BUT also price has broken the long term bullish structure with the USD bulls stepping back in can we see a push push higher? (I have 1.35 highlighted as a nice buy zone which is also previous lower high). Fundamentals for both USD and CAD today so be careful entering any trades around these times! Also this is just my opinion so make sure you do your own analysis as well! trade safe and smart and let me know your opinions in the comments!!
Daily review of BTC interval 4HHello everyone, let's take a look at the BTC to USDT chart over the 4 hour timeframe. As you can see, the price is moving above the local uptrend line and locally in the small downtrend channel.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 19.07, if the support breaks down, the next support is $ 20,026 and $ 19,810.
Now let's move from the resistance line as you can see the first resistance is $ 20,357, if you can break it the next resistance will be $ 20,512, $ 20,645 and $ 20,766.
Looking at the CHOP indicator, we can see that in the 4-hour interval we have a lot of energy, and the MACD indicator shows a local downward trend.
BTCUSDT 01 Nov 2022 Long Term Analysis (Daily)Following a large number of requests here is my 01 November 2022 long term $BTC / $USDT analysis. #BTC
I have made this analysis of the BTC USDT in order to determine a safe entry point for a long term investment.
To date (01 Nov 2022) I have deduced that the market offers two scenarios. The first one (the most likely one in view of the geopolitical and economic conditions from a macroeconomic point of view) would be a continuation of the decline. I estimated the latter using the Crypto Fear & Greed Index of the alternative.me website with a 70% chance of realization.
The second, less likely scenario would be following the pump that we had this week a reversal of the trend in order to go back up on the long term. 30% chance of success.
I have determined that the red scenario has a better chance of happening for various reasons:
- Firstly the global economic conditions do not allow for a bullish reversal.
- Secondly, we have a bearish divergence in the daily chart this week.
- Thirdly the $18500 / $22500 range has not had a confirmed breakout with enough volume to speak of a long term reversal.
- Fourth, the failure of last week's pump at the $20,800 resistance.
At this time with the information we have I recommend not to buy BTC.
Of course I would like to remind you that I am not a fortune teller, nobody can know how the market will behave. However, we can analyze it and with the help of the past and statistics, try to find the best entry and exit points
However, if you have any questions, I remain at your disposal in the comment space.
THIS IS NOT INVESTMENT ADVICE
NEXT BULL RUN 🚀 ( bitcoin and Altcoin) BITCOIN LONG TERM :
We finally got breakout
Sometimes to stand again
we must fall
and We have already fallen
So.......it's time to go up
Bitcoin gave many opportunities to get rich
Going back to history, the first opportunity was at $2,500 in 2017
The second chance was in 2019 when the price of Bitcoin fell $ 3000
And the opportunity now will be at $ 17500-21000
Get ready for 90000 dollars
It will be a really fast and powerful rise!