I expect this kind of movement from Ethereum in the next period when altcoins rise. My target is 12k in Ethereum, which has a 4-fold upside potential. In a possible pullback, the support level will be $2250.
13 of the giant investment companies were on the side that sells googl in this ranks. I'm on the side of the googl area from $ 176 and I think it looks expensive. I can add it if it descends between $ 145 and $ 124. Especially I chase the candles in which the dfr indicator I have developed gives a scholar signal.
Bullish scenario: $64000 is broken and run to $72000. If $72000 is broken, a bull flag formation occurs and 100k is reached. Bearish scenario: Rejection at $64000 and break of both price action support and moving average level at $60000. It drops up to $52000. Since it recovered quickly after the decline below 60k at the beginning of May, I think the bear...
When I look at Bitcoin's price movements every year since 2013, I see a pattern emerging. The pattern occurs in 4 stages. Run: In this step, the price of Bitcoin rises to the highest possible peak. Hit the Resistance: In this step, Bitcoin is rejected from the resistance as if it hits the wall. Correct: In this step, Bitcoin moves to the lowest level it can...
Bitcoin seems to be at a critical point. I think two scenarios emerge here. If Bitcoin closes hourly candles above $35,000, it will open a bull flag and therefore has the potential to run up to $38,000. However, if Bitcoin is rejected at $35,000, it will retreat to $33,700, and hourly candle closes below this support level will create a Bart pattern, pulling...
The SP500 index has been correcting since August. When we look at this correction, I also see that it is in line with the Elliot Wave principle. Last week, the index fell to $4115 and found the support level indicated by the volume profile indicator. I think that the index will find support around this level and return to the uptrend. Therefore, although I think...
Analyzing BINANCE:BTCUSDT on a weekly basis is currently one of the simplest but also most effective tasks. This is because Bitcoin generally only fluctuates between support and resistance. In addition, it is fully compatible with the Fibonacci correction. Therefore, I can easily determine how far it will run. The fact that INDEX:BTCUSD has not made a...
(Inverse) Gold and 5-year inflation-indexed bond interest rates, which have been in full correlation since approximately 2006, broke this correlation as of 2022. Bond interest rates, which were around -1.8 at the beginning of 2022, increased to 2 by the end of 2022. During this period, if gold had followed the interest rates without breaking the correlation, it...
Here are the elements I see when I analyze Bitcoin halving for long-term investment in a monthly time period. A bull run comes after every halving. First run 9784%; second run 3147%; The third run sent Bitcoin up 553%. When we apply Fibonacci correction to the bear market that came before the run, we can determine the point where the run will go. When we...
Although I have shared a lot of analysis for gold these days, long-term investors actually do not need that much and complicated analysis. By using only two moving averages, we can have an insight into long-term gold investments. Gold has moved along these two moving averages since the 1970s. Here, I have shown arrows where the averages are used as support and...
Although Bitcoin has been stagnant since the beginning of the year, it continues to give us signals for future movements. First of all, we need to say that Bitcoin adapted to the 50-day moving average very well in this process. An investor who trades only according to the moving average can make very successful profits. In this context, when we look at the moving...
We've been seeing NASDAQ index volume decline since mid-July. The rise slowed down and even came to a halt. Therefore, we expect a decline for NASDAQ in the coming period. This decline will reach the 200-day moving average of $14250. But the weekly close could be above $14550 in any case. At this level, purchases of US stocks can be considered.
ISDMR dropped from 45 lira to 40 lira last week. When we look at the daily time frame, this level caught our eye as a level that moving averages especially like. We think that the moving average is important for ISDMR, which has been acting in accordance with the moving averages since last March. Therefore, we think that as long as it remains above 40 lira, 45...
275 appears to be the support level for Kontr. As long as it remains above this level, we expect an increase in Kontr. However, in case the index declines to the regions we specified, our target will be 250 in Kontr. This target will only be valid for a 4-hour closing below 275 lira.
The correction we were waiting for came and BIST100 dropped to 7800 liras. With the subsequent rise, the index tested the moving average again, but as we expected, it was rejected and fell below the 8000 level again. Here, we think that the index will decline to 7500 lira levels, especially if it cannot hold on to the 7900 lira support. We do not think that the...
The SP500 index continues to rise as long as it remains above the 20-week moving average, but this may be coming to an end. Weekly closes below $4436 will create a negative outlook. A correction could push the index down to the 100-week moving average of $4160. But as long as the index remains above $4436, the rise will continue.
Ethereum started forming a symmetrical triangle on the weekly timeframe. The breakout of this pattern will occur with the weekly candle closing above the $2025 level. At the same time, Ethereum, which fully adapts to the moving averages, especially in the weekly time frame, will make a weekly candle closing above $2025, which will mean that it will break the...
As of now, the FED interest rate decision has been announced and the FED has kept the interest rate constant. In addition to keeping it steady, Powell still made harsh and hawkish statements. Personally, I have question marks in my mind about how full these explanations are. Because now the job is not just to reduce inflation and most business sectors have started...