Trend Analysis
Bitcoin crystal ballEvery investor and trader has at sometime wished they had a crystal ball. You can do your own due diligence, taking the time to do technical and fundamental analysis weighing market sentiment and still not be 100% correct every single time. As the saying goes, hindsight is 20/20. So with that said, if you look back at Bitcoin's price discovery history, you can see the general and specific trades you "should" have made. However, how do we extrapolate this data into future trades we "should" make?
For me, It's all based on probability and risk management. I look for high probability and low risk trades. Most of the time a trade is not ready for that perfect timing to trade. It takes planning and patience to setup a great entry and exit. The old adage, “it's not about timing the market, but about time in the market.” That's why investors simply hold on with a long term bullish trend. But, what if you had a crystal ball? Then obviously you would time selling the major tops and buying major lows.
Here's a Bitcoin 1 week chart with Heikin Ashi candlesticks without wicks, to take out the visual noise. In the past 7 years, I have identified only 7 major long trades and 6 major short trades. Why is this important? It means that the last best time to go long was the week of 9/9/24. And it also means the next trade is a short trade. This does not mean the timing is to short Bitcoin today. It just means that if you had a crystal ball you would know when to exit your long position. For now Bitcoin is still a long to hold on to.
BTC/USD crystal ball trades:
#7
long = $54,566 w/o 9/9/24
short = ? w/o ?
profit = ?
time = ?
#6
long = $24,900 w/o 9/11/23
short = $72,777 w/o 4/8/24
profit = $47,877 = 2.92x
time = 7 months
#5
long = $16,543 w/o 1/2/23
short = $31,050 w/o 4/10/23
profit = $14,507 = 1.88x
time = 3 months
#4
long = $29,302 w/o 7/19/21
short = $69,000 w/o 10/8/21
profit = $39,698 = 2.35x
time = 3 months
#3
long = $5853 w/o 3/30/20
short = $64,899 w/o 4/12/21
profit = $59,046 = 11.09x
time = 14 months
#2
long = $3341 w/o 2/4/19
short = $12,320 w/o 8/5/19
profit = $8979 = 3.69x
time = 7 months
#1
long = $1758 w/o 7/10/17
short = $16,275 w/o 1/8/18
profit = $14,517 = 9.26x
time = 6 months
DogeCoin (DOGE) To Mars - The Elon Ride (Part 2)COINBASE:DOGEUSD has been loyal to me previously.
I managed to get some good Buys on #DOGE.
I aped continuously on the 7 Cents Levels.
Then cashed all my COINBASE:DOGEUSD earnings at the 42 Cents #Resistance.
* all well documented in the related idea.
What Happened To BINANCE:DOGEUSDT ?
It provided to #Correction I was predicting.
From a #Fibonacci perspective, it's enough to be considered as an #ElliottWave 2.
What's Next For BINANCE:DOGEUSDC ?
$DogeCoin follows MARKETSCOM:BITCOIN and the #Altseason.
With BITSTAMP:BTCUSD about to burst again, so will #DOGECOIN.
It might go #Bull now, or Dip and then... so please DYOR.
The #Bullish move would also be provided by CRYPTOCAP:TOTAL3 & CRYPTOCAP:OTHERS , as a new #ATH is in play.
* see related ideas for more details.
COINBASE:DOGEUSD #TechnicalAnalysis
- #ElliottWave A-B-C Sequence
- #Impulse / #MotiveWave in Primary ⓒ (white)
- #Fibonacci Retracements & Extensions Confluence
My #HODL #Long Levels For BINANCE:DOGEUSDT
I will only go #HODL for this #Crypto #Token.
Trading #Futures ( BINANCE:DOGEUSDT.P ) is not something I want to pursue with $DOGE.
Moderate Entry @ 35 Cents
Conservative Entry @ 24 Cents
TP @ 68 Cents
Bearish Analysis: Crude Oil (CL Futures)1️⃣ Rejected at Supply Zone:
The price was strongly rejected from the $80 supply zone, where sellers clearly took control. This zone has been a key resistance level, and the recent bearish momentum confirms strong selling pressure.
2️⃣ Bearish Momentum in Play:
The sharp decline from the supply zone has broken short-term supports, signaling sustained bearish movement. The next major target is the $66–$67 demand zone, where buyers may step in.
3️⃣ Technical Indicators Supporting Bears:
RSI: At 54.88, the RSI suggests there’s room for further downside before reaching oversold conditions.
Stochastic Oscillator: A bearish crossover between the %K and %D lines confirms increasing selling pressure, with momentum favoring a continuation of the trend.
4️⃣ Fundamentals Adding Pressure:
Trump’s Energy Policy: Potential policy changes to increase domestic oil supply could create a bearish outlook for crude oil.
Stronger Dollar: The strengthening USD makes oil more expensive for global buyers, further dampening demand and supporting the bearish case.
🎯 Strategy:
TP1: $75 (Near-term target, close to the current price).
TP2: $74.30 (Minor support, a potential bounce or pause area).
TP3: $72 (A strong psychological and technical level).
TP4: $67 (Major demand zone).
🔔 Note:
Consider using a positive stop loss to secure gains and reduce risk. Always practice proper risk management to protect your capital and maintain consistent results.
$COFFEE: Nice weekly up trendPEPPERSTONE:COFFEE has been trending strongly since the long term trend turned up recently, it now offers a low risk entry for commodity traders who use the Forex.com platform (fairly convenient since you can trade from the charts directly here, I have no affiliation with them btw).
Reward to risk is 3.75 to 1, which is very considering the larger than 60% probability than this outcome has...
Best of luck!
Cheers,
Ivan Labrie.
USDMXN TO 19.76 (READ DESCRIPTION)After the market tradeded to the 2024 high and showing a crack in correlation with the MXN Futures contract,
It has since shown a willingness to break structure and move lower.
Whether or not the long term up trend is over remains to be seen, but I do see a move lower to the equal lows at 19.76 possible.
I look to sell the market if it retraces up to the 20.46 - 20.39 range,
Stop loss @20.68
Take profit @19.76
Risk to reward: 1:2
EURUSD is in Bullish TrendEURUSD has start printing new Higher High on daily chart and it also shows breakout of the currant resistance with the breakout of trend line as well and it is showing double divergence on RSI and there will be a probability on this chart of bullish head & shoulder pattern as well
STX at Key Support: Perfect Spot for Accumulation!STX is currently trading within the blue support zone at $1.279–$1.364, an ideal range for accumulating spot positions. This higher timeframe support has historically held the price multiple times. Waiting for a clear reversal confirmation before entering is recommended.
The green resistance zone at $1.873–$1.954 is a critical level to watch. A breakout above this zone, accompanied by strong volume and momentum, could pave the way for further price movement. Potential targets include the pink resistance zone at $2.396–$2.467 and the yellow resistance zone at $3.018–$3.111.
CRV's movement!BINANCE:CRVUSDT
if it can break it's symmetrical triangle upward, these are the expected targets in short term
⚠️ Disclaimer:
This is not financial advice. Always manage your risks and trade responsibly.
👉 Follow me for daily updates,
💬 Comment and like to share your thoughts,
📌 And check the link in my bio for even more resources!
Let’s navigate the markets together—join the journey today! 💹✨
BTC 50% 50%BTC was trading between the price of 91,000 and 100,000 for about 2 months. Now we have surpassed 100,000, and the price has been holding there for about 10 days. I think we will either see an interesting pump or a movement downward.
If we crash, I expect that altcoins will bleed extremely since dominance is still rising, and we know what it looks like for altcoins when BTC goes down
USOIL My Opinion! BUY!
My dear friends,
USOIL looks like it will make a good move, and here are the details:
The market is trading on 74.53 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 76.87
Recommended Stop Loss - 73.41
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
———————————
WISH YOU ALL LUCK
BTCUSD Set To Grow! BUY!
My dear followers,
This is my opinion on the BTCUSD next move:
The asset is approaching an important pivot point 10437
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 10510
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
———————————
WISH YOU ALL LUCK