MATIC - Clean and Clear ❗️Hello TradingView Family / Fellow Traders,
On Weekly: Left Chart
MATIC has been hovering within a big range in the shape of a flat rising channel marked in blue.
Currently, MATIC is approaching the lower bound of the range, so we will be looking for buy setups on lower timeframes.
On Daily: Right Chart
📈 For the bulls to take over, we need a momentum candle close below above the last major high highlighted in gray.
📉 Meanwhile, MATIC would be bearish short-term and can still trade lower inside the weekly support.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
2025
SOL - Massive Demand Ahead 🏹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉 After rejecting the $200 round number, SOL has been bearish as a correction phase.
🏹 The $100 - $115 range is a massive demand zone to look for buy setups and capture the next bullish impulse movement.
📚 As per my trading style:
As #SOL nears the demand zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BTC - Bearish Short-Term Until...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉 After breaking below the last major low in red, BTC has been bearish from a short-term perspective trading within the falling channel marked in red.
🏹 For the bulls to regain control, a break above the upper red trendline is needed.
Meanwhile, further bearish movement towards the lower bound of the red channel would be expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BTC - 60k Support Confirmed 👌Hello TradingView Family / Fellow Traders,
📦 This week, BTC confirmed the rejecting of the $60,000 support.
📈As long as the $60,000 support holds, I am expecting a continuation towards the next resistance at $70,000.
🏹 Then for the bulls to remain in control, and test the $82,000 and upper bound of the red channel, a break above the $72,000 resistance is needed.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
BTC - Wait For The Bulls 🦬Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 BTC has been stuck inside a range within the shape of a symmetrical triangle.
Currently, BTC is in a correction phase, approaching the lower bound of the triangle.
Moreover, it is retesting a strong support and round number $60,000.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the blue support and lower orange trendline.
📚 As per my trading style:
As #BTC approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
This bullish scenario will hold, unless the $60,000 is broken downward.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BTC - Roadmap to 82k 🗺Hello TradingView Family / Fellow Traders,
📦 Post-halving , BTC has been hovering within a big range between $60,000 support and $70,000 resistance.
📈 For the bulls to take full control again , and test the $82,000 and upper bound of the red channel, a break above the $72,000 resistance is needed.
📉 In parallel, if the $60,000 support is broken downward, we expect a bearish movement towards the $52,000 demand zone.
Which scenario is more likely to happen first? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
My Bitcoin Prediction 2024-2025 - $268,000In this analysis, I'm projecting a bullish trajectory for Bitcoin over the period of 2024 to 2025, with a target price of $268,000. Leveraging technical indicators and historical price movements, I anticipate sustained upward momentum driven by increasing institutional adoption, scarcity dynamics, and broader market trends. However, it's crucial to monitor key support and resistance levels along the way to validate this prediction and adjust strategies accordingly. Stay tuned for updates as we navigate through this exciting phase in Bitcoin's journey.
NIFTY - Ready to Launch into 27000 levelsGETTEX:NSE : NIFTY
NIFTY Index since its inception in 1990 - completed Wave 1 in 2008 followed by Wave 2 with FIB approx 0.5 Fib level retracement.
Then continued wave 3 impulse wave until COVID impact with a sharp correction(retracement) to 0.382 fib level marking the completion of wave 4.
when waves 1 and 3 neither of them are extended and wave 4 retracement is only 0.382 fib level, a most likely scenario of wave 5 is extended till 1.618 FIB extension (~27100 Level)
This long-term possibility could take months to make due to macro global and political as well.
However, the current position of INDIA in the Technological and Political Landscape globally. I truly believe this possibility is a quick one to achieve.
Jesus LTC !Litecoin is a cryptocurrency that operates on a decentralized network, similar to Bitcoin. It was created in 2011 by Charlie Lee, aiming to offer faster transaction times and lower fees compared to Bitcoin.
Regarding its future with AI technology, there are several potential intersections:
1. **AI-Powered Trading:** AI algorithms could be employed to analyze market trends and make predictions, potentially aiding traders in making more informed decisions when trading Litecoin.
2. **Fraud Detection:** AI can be utilized to detect fraudulent activities within the Litecoin network, enhancing security and trust among users.
3. **Smart Contracts:** AI technology could facilitate the development of more sophisticated smart contracts on the Litecoin blockchain, enabling automated and self-executing agreements with greater complexity.
4. **Scalability Solutions:** AI could help in developing solutions to address scalability issues faced by Litecoin and other cryptocurrencies, such as optimizing block size or implementing layer 2 scaling solutions.
5. **Personalized Financial Services:** AI-driven personalized financial services could be built on top of the Litecoin network, offering users tailored recommendations for investments, savings, and spending based on their individual financial situation and goals.
In essence, integrating AI technology with Litecoin could lead to advancements in efficiency, security, and user experience within the cryptocurrency ecosystem.
BTC Macro Halvings interpolated - 2020 cycle LOW is IN days awayFib time from previous cycles says - 2020 cycle LOW is IN or days away (by the end of 2022).
The interpolations says:
MAY-JUNE 2023 - BTC at 45 000 $ to 48 000 $
FEB-MAR 2024 - BTC at 15 000 $ to 16 000 $
NOV 2025 - BTC at more than 100 000 $
':)
BTC bull case and automatic rally .5 Fib to 40k.Looks like BTC has few resistances to cross to reach 40k before starting the new phase of bull run.
2024 is next halving, so bull market will start after few months of halving.
2025 and 2026 will be a banger for BTC, as market cap is already huge, top might be less than 100k if we do not hit hyper-inflation before 2025.
Looks like a good opportunity to buy few blue chip coins and keep them for 2 to 3 years to make huge profits. BITSTAMP:BTCUSD
Bitcoin's next cycle top REVEALEDAs you can see from the chart, if you measure how many days before a halving, did the cycle low occur.
For ex, in November 2012's halving, ~373 days before btc found a cycle low, projected into the future, ~373 days after the halving, a cycle top is in.
Same thing with 2016's halving.
Cycle low ~540 days before the halving, projected into the future ~540 days after the halving, we have a cycle top ($20k).
Yet again, with 2020's halving, btc found a low around 513 days before the halving, projected into the future, it took 513 days for a cycle top to be in.
Now in 2024's halving. Btc found a cycle low ~525 days before the 2024 halving ($15k)..Projected into the future ~525 days after the halving we should get a cycle top in Sept 2025.
Will history repeat itself yet again?Check back with this chart in 2025 :)
Good luck
Gone are the days of passive investing, but...Gone are the days of passive investing, but mid-term trading could be the solution.
The term passive investing was first made famous by Warren Buffet, who once said, 'If I like a stock, I will hold it forever.' However, in recent years, he has been seen cutting losses on his wrong decisions and taking profits when he finds the time is right. The dynamic of the markets have changed, and he has adapted to them.
Technical Reasons -
From the chart, it's clear that the days of passive investing are behind us. We can refer to the Dow Jones or S&P Index; they provide similar readings as Nasdaq, although Nasdaq has a shorter history.
Since the beginning of 2022, the great volatility started with a year of bearishness. In my opinion, this could be a start of a long-term bear. What we are seeing in 2023 rally, possibly a bear retracement.
Let’s support my analysis with the fundamental factors.
3 Fundamental Reasons –
• Why did the decades of long-term growth, forming a linear bull market, come to an end at the beginning of 2022?
This is because it marks the beginning of long-term inflationary pressure that we all have to contend with. To counter inflation, one of the most effective measures is to raise interest rates. As we all know, higher interest rates bring challenges to businesses and stock markets.
Please take note of the timing. Inflation first exceeded 2% in April 2021, and since then, it has been on an upward trend, something unprecedented in the last 40 years. However, the Federal Reserve only began raising interest rates in March 2022, while the markets peaked at the beginning of 2022.
Consumer Price Index
Feb 21 1.68%
Mar 21 2.66%
Apr 21 4.15%
May 21 4.94%
Jun 21 5.34%
Jul 21 5.27%
Aug 21 5.21%
Sep 21 5.39%
Oct 21 6.24%
Nov 21 6.83%
Dec 21 7.10%
Jan 22 7.53%
Feb 22 7.91%
Mar 22 8.56%
Apr 22 8.22%
May 22 8.52%
Jun 22 9.00%
• Why did the market turn bullish in 2023.
Many attribute the rally to AI, but it goes beyond that. By the end of 2022, the market was still hovering around its lowest point. However, as seen in the inflation numbers below, there was a gradual decline from 9% in June 2022 to 6.5% in December 2022, creating a divergence between this positive news and the market's performance. At that point, I was preparing for a bear rebound or retracement. Of course, the inflation number continued its decline to 3.2% in October 2023, and the rally has continued until now.
Continue Price Index
Jun 22 9.00%
Jul 22 8.50%
Aug 22 8.30%
Sep 22 8.20%
Oct 22 7.70%
Nov 22 7.10%
Dec 22 6.50%
• Why have the days of passive investing come to an end?
Unless inflation can back down to 2% in a sustained manner, we should expect to see much more volatile markets in many years to come. Traders welcome volatility but not investors.
There are reasons why back down to 2% in a sustained manner is unlikely to happen. Please leave me a comment, I hope to exchanges ideas with you.
E-mini Nasdaq Futures and Options:
Minimum fluctuation
0.25 index points = $5.00
Code: NQ
Micro E-mini Nasdaq and Options:
Minimum fluctuation
0.25 index points = $0.50
Code: MNQ
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
Quantitative Tightening Effects on the Markets This video tutorial discussion:
• What is QE and QT?
• Each impact to the stock market
• The latest QT, how will the stock market into 2024?
Dow Jones Futures & Its Minimum Fluctuation
E-mini Dow Jones Futures
1.0 index point = $5.00
Code: YM
Micro E-mini Dow Jones Futures
1.0 index point = $0.50
Code: MYM
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
Bitcoin market cycles leading into 2025Here it is crypto fam. Here we have the market cycles for Bitcoin and in color. We begin with the year of the bull run then we have the bearmarket year then the year that no one likes which is the year of Pain. After pain we have the famous and most anticipated Bitcoin halving year then the most exciting time in crypto is the Bullrun year. We have had three of these cycles already and the fourth is coming upon us soon. Before we have fun though we will be going through the year of Pain this year because even though Bitcoin is climbimg beautifully now we are expecting another test to the bottom which we call Pain. The year of the halving in 2024 will be a great time to buy up your favorite projects and then when 2025 comes we have a beautiful Christmas.
Astroswap a sleeping giant for 2025 bullrunAstroswap is a decentralized exchange on top of the Velas blockchain. Astro will eventually migrate to the Cardano (ADA) protocol in the near future at some point. As you can see by the trendlines from the previous price action we have three key prices to target; $0.048, $0.22, and the all-time high of $0.52. Coincidentally this $0.52 sits right at the high of the beam bands. Could Astroswap move back to its all-time high? Well, once they migrate over to the Cardano network it will be interesting to test this theory. Only time will tell but before this milestone is achieved we need to break through these two trendlines first and then we challenge the all-time high.
Crypto total marketcap in late 2024 early 2025 at $33 TrillionA few points to consider a $33 trillion dollar crypto total market in late 2024 early 2025. As you can see from this 3 day chart that we have one low in 2015 at $2.1 Billion and the high of $792 Billion in 2018. The number of days from this low to the next high is approximately 1,066 days. If our next low comes in early 2023 and we use the 1,066 days for the next peak date will place the total crypto mktcap value at $33 trillion in late 2024 and or early 2025. The low in 2018 was $91 Billion and the high in 2021 was $3 trillion. By using calculating the percentage increase of the 2015 low to the 2018 high we get a 36k% increase and if we can duplicate this same increase for the next peak at 36k% will put the total crypto marketcap at $33 trillion dollars. I used a fractal from the low in 2015 to high in 2018 to give us a visual for the 2024-25 peak. I am also using the beambands to show the possible direction of this peak if we are oversold at $33 trillion.
🔥 Forecasting Ethereum's Next Cycle's TopWith the majority of the bear market behind us, I think it's beneficial to start looking at the next cycle. In this analysis I'm trying to make a forecast on Ethereum's price top in 2025, and consequentially looking at a potential bear-market bottom. Be aware that this analysis is very speculative. Forecasting prices in 2-3 years is simply impossible to do with certainty, but I still think it adds valuable information to the discussion of the next cycle.
To start off, this analysis is based on the dotted blue support trend line at the bottom of the chart. The two purple dotted trendlines are exact copies of the blue one, only anchored on a different point.
The price is following the dotted diagonal trendlines perfectly. Too perfect to not at least consider.
My assumption is that ETH will remain inside this bullish channel formation for the next cycle. Since ETH's top this cycle was at the top resistance of the channel, I assume it will be again next time as well.
Furthermore, my assumption is that Ethereum's top will be in 2025. This period makes the most sense because it's the 1.5 years period after the halving (yellow stripes). The vertical red lines mark the 2025 area.
In order to calculate the next cycle's top we have to add two things together:
1) The bullish channel's top resistance.
2) The 2025 area, red vertical lines.
When we combine the above we can draw two blue horizontal lines on the intersections of the red lines with the dotted top resistance. According to this forecast, ETH's 2025 top will be somewhere in the area between $12,000 and $16,000.
As for the bear-market bottom, I'm looking at the middle purple support line and the bottom blue one. Worst case scenario ETH will retest the blue bottom support line.
Do you think ETH can follow this analysis? Where do you think ETH will top? Also, please share your best forecasts for the next cycle below.
XLM Stellar 2025 price target of $34We have an ascending channel that depends on a low for XLM of between $0.042 and $0.05 price target sometime in the 1st quarter of 2023. In 2017 we had a meteoric rise of 67k% (67,000%) from the low price of $0.0015 beginning of 2017 up to the high of $0.93 by end of 2017. If we use a fractal and use the same percentage increase for 2025 the price of XLM could possibly hit a $34 target. I also have $8 on a Fibonacci line that could play a possible target as well. Will these actually happen is anyone's guess. No one has a crystal ball but we could use past percentages and fibs to make as close a determination as possible.
A special note to keep in mind is the March deadline for the Ripple case to come to an end, therefore, giving both XRP and XLM good reasons for a rise in price action. Of course, this is all speculative and should be taken seriously considering all macros and other trading factors when making a decision to acquire both assets.