' *Price Uber Allies* ' as Germans would say! Which means Price over Everything. We should not look at Fundamental Narratives & place our Trading/Investing Decisions as they more often than always put us on the wrong side of the Market. Price Action always leads ahead of any Fundamental News. Anyways that's a topic for another day discussion. TradingView has a...
Do you Remember in March 2020 when Rates were the lowest it had ever been I think since the Entire History of its Trading on the Open Market? Well Nothing is Permanent in this world since Covid lows it has rallied quite a lot. It would certainly be interesting to see what happens next. Lets Discuss the Key Levels to Watch first Right Now it is currently at almost...
So this one is a very interesting one! Injective Protocol as you might have already heard it.. Anyways let's not try to argue Fundamentally. We will argue based on Technicals Since the start of 2023 (in Jan) the Opening Price was at roughly 1.3$ & right now it is Trading at almost 9$. That is quite a Fantastic Move definitely if you have been it in since start...
See as Technical Analyst I can totally relate & understand that everybody wants their Analysis to turns out to be correct? right but NOBODY acknowledges that when they are wrong. And that's the reason we think objectively by having a 'KEY LEVEL, LINE IN THE SAND, ALAWAYS PREPARE OURSELVES FOR THE WORST CASE SCENARIO AS PAUL TUDOR JONES SAYS...' So yeah, indeed it...
So they did Token Swap at the start of this year. Most People think Fundamental Narratives drives Price but that's not how in Reality it works. We must always pay close attention to what the Price is actually doing. Anyways Weekly RSI is just so, so oversold. And I have observed that whenever RSI goes too oversold it is usually likely that we see it tracing back...
A Break of 9 Dollar is certainly a Bullish move for Aptos & even if it is a Counter-Trend Rally it should Rally upto Thirteen Dollars before we see it getting rejected again. Let's see... I would say it would depend also what Bitcoin does because that has an influence on Whole General Market. Will see how it reacts at 13-14$ Territory. Will it just Keep Making...
This is a Yearly Chart First of all. Resistance Areas to watch out :- 1. 2022 Highs at 152 level 2. Final Resistance Area comes at 159 approx level of 1990s Highs, before we can be One Hundred Percent confident about the Major Trend. So yeah if these two levels get broken, don't be surprised to see at 250s highs and maybe potentially even higher 370 Mark....
So I don't really see a lot of people talking about this on the Internet. Bob Loukas was the first who actually made a very Bold Statement that "Bitcoin usually follows a Three Year Bull Market Phase and then a Devastating Bear Market in the Final Fourth Year" I have linked his Original vid in the end of this. Also except that 2010 Year if you just count BLX Chart...
So it isn't always fun to analyse S&P? Afterall It is a Major Benchmark of how Economy is doing great or not... This Year for S&P500 has been somewhat a nice year because it is rallying a lot compared to last year where we only saw it dropped for most of the times. Anyways Stock Markets rarely fall in the long run I currently think we will just keep making Higher...
So last time I made a call that we might have bottomed near 17600 Region. Unfortunately that level was broken but it didn't swinged a lot. The Only Intermediate Low we got was at $15,500ish level. Anyways you already know what has happened since then? Even someone who was crazy enough to buy BTC back in June is still sitting at a Nice "Handsome Return". However...
I would certainly want to go Short at these extreme OverPriced and Overbought levels provided we should also have a Stop Loss of some sort. We don't want to Gamble it randomly lol. As long as we remain TSE:2070 ish level we could have a very lovely Risk to Reward Ratio Trade. What do you think about this Recent Rally in Gold that has pushed it to extreme new...
A lot of you might think that this Recent Breakthrough the Trend Line might be a Bullish Scenario for Aptos. That is absolutely correct! Most TextBooks would say that a Clear Breakthrough of Trend Line is a very Bullish Setup. However at the same time Markets love to do False Breakouts I think this is what exactly will happen. I still think Pressure remains to the...
BTC seems to making Big Bottom here. I could be wrong if $17600 level breaks. Let's see
I personally never believe in Indicators but I do pay close attention to these Hidden Divergences. As in the case for Algorand RSI is conforming Higher Highs. Follow the Trend, Trend is your friend all that Nonsense. Good luck with your Trading :)
Bitcoin has surprised as always! Well it always does. Something very interesting I noticed weirdly on Total Market Cap we are just trading on the 2017 Highs and I do believe we are trying to build a base here. Too soon for saying that? Lets be honest we still need a series of Higher Highs. Again in the Game of Technical Analysis we also need to open about downfall...
DXY is showing some extreme Negative Divergence. It could go higher one leg up but it will go down as time passes by. Put your Stop Loss Respectfully above the recent Highs it also make sense to go Short at these level since we have a very Good Risk to Reward Trade. Thank you for reading this. I really appreciate a lot❤
Hello everybody!❤ This is my first time posting here on Trading View Crude Oil has a great strong rally literally going from trading in March as the Futures Contract were in Negative. If my knowledge is correct the Cash Market went as low as 11 Dollars. But anyways I mean what a solid comeback nobody could ever imagine we would be seeing Oil hitting 100 Dollars...