More data leads to more accurate analysis and forecast. According to my last #bitcoin forecast which was published on tradingview (Link down below) on May 26th 2022, I was expecting a down move to 11.000$ before finding bottom. But more data has prevailed since then that leads me to believe that we have found a bottom and we are aiming for another up (25k - 27k)...
If we are being honest our latest bitcoin prediction was biased and it didn't pan out. That super bullish view on bitcoin has kept us on TraderNova.com back from achieving the full profit potential of this correction move down. So let's update our view.
Bitcoin is a very unique asset which it's rarity is programmed into it's code. we are seeing a very unique and...
In conjunction with my previous Dow Jones analysis (Link to it down below), we foresee another 40% drop in S&P500 until mid-2023.
The analysis done on these charts is based on old repeated market cycles that were last seen during the market crash of 2008.
As you can see clearly on the charts, the market has been playing the exact scenario of 2008, since March...
According to Gann and the bible, there is no new thing under the sun! Taking that sentence and going back on the gold chart as far as 2003, we could see the same pattern shaping up. If this cycle pans out, then we are going down to at least 1400$ in a matter of few months...
Keep in mind that we have applied this exact method to #DJI (Dow jones industrial...
"One of the most important Time cycles is the 20 years or 240 month. Most stocks and the averages work closer to this cycle than to any other." W.D. Gann
As you can see on the chart, market has moved similar to 20 years ago (give or take a few years, keep in mind that cycles can be delayed due to different factors). According to these cycles we won't see these...
Bitcoin economics is very different from other cryptocurrencies. As the leader of the crypto world, Bitcoin has 4-year cycles embedded in its nature, called halvings. Halvings are recurring phenomena that happen every four years or 210,000 blocks of bitcoin mined. But nothing is fixed in nature and every cycle is bound to move a little bit every now and then. As a...
If you look at silver chart in 30 and 60 minutes timeframe, you will notice there is a resistance level at 23.8190 - 23.8270 which our AI predicted a +80% probability of achieving. We are sharing our trading ideas and hope that over time, our AI get's wiser and hopefully more people appreciate it.
This is not a direct long signal, please analyze the market...
