TRXUSDT TECHNICAL ANALYSISTron $TRX has lost approximately 66% value since May 2021 till now. So many coin has lost over 90% and the TRON was trying to keep value stronger. We haven't got any buy signal from our robo advisor @EngineeringRobo yet but MA 20 & 50 has changed direction at the moment and it give us first buy signal. If the candle keep going stay green, first of all we may earn approximately 6% and our target might be our down trend-line. We are still on the bear market and if we use leverage, we may double our money.
Let's follow up our chart closely and do not forget to follow me.
"NFA"
Bearmarket
The Exit - How to take profitsToday’s content:
1. Why each exit is within 3 months?
2. Why I turn from investing to trading the US markets since Jan 2022 and onwards
If you have been following, today’s is the 6th tutorial in our Trading Series:
1. “The buy strategy”
2. “The sell strategy”
3. “Developing long & short-term view”
4. “Choosing between the time frame”
5. “The entry”
6. “The exit”
Refer to the links below or check the previous 5 videos.
E-Mini Nasdaq Futures
Minimum fluctuation
0.25 point = $5
1 point = $20
10 points = $200
100 points = $2,000
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
energy in a pickleno really, this thing is set to roar. big rigs, big pigs, young hogs and motor fog. letterr rrrrrrip! were down near the bottom of the envelope, were way oversold, and the sectir is acting defensively in rotation with a bear market. id like to revisit the top of this rectangle and then dump again 🤷
Bearish trend continues for BTCHere's a quick look at the 6 hr. BTC chart. A couple of days ago, the price attempted a breakout to the upside from the bear flag but couldn't close above it. This led to a semi-heavy move to the downside, which broke the bear flag to the downside instead!
If the DXY (dollar index) keeps rising, we should expect BTC to continue its move down. And if DXY retraces to lower levels, then BTC may see some upside. Make sure to keep an eye on DXY!
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BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
BTC: WILL MANAGE TO HOLD THIS LEGENDARY SUPPORT LINE??Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this important weekly BTC update.
As 2022 is about to end, If you still manage to survive in this bear market and read this update then congrats you almost make it, and soon this bear market pain will be over.
We have been in a bear market for more than one year. And the biggest question of this year is "WHERE IS THE BOTTOM OF THIS BEAR MARKET?" So in this analysis, I'm trying to give you some hints and my thoughts regarding this.
As you see in the chart, we have a very crucial support line at around the $15k level. BTC manage to hold this trend line for the last 5 years. Every time price touched this trendline, we got a very good bounce. So there is a very high chance that history repeats this time also.
In the worst case, if we got any weekly close below $15k then be ready for a $10k-12k level but as long as we hold this legendary trendline support bottom is here.
What do you guys think about this?
Share your thoughts in the comment section.
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Thank You!
Bitcoin past & futureI discovered some major periods.
Mark this: 371 day and 553 days. Plusminus couple days or weeks. When was the first halving, we have got new significant peak after 371 day, and a second peak at 553 day. It happened again in 2016-2017 and 2020-2021.
The bearmarket started after halving 553 days, and it was 476 day long two times (2015,2018). There was an accumulation zone, which was 258-406 long two times.
So if I count these periods, the descent slowly ends, and we jump to the accumulation zone, which will starts in March 2023.
After the next halving i count a rapid rising between 100k-300k. If the history repeats itself, we will got new peak in April 2025 and October 2025.
Fingers crossed.
long term bond yields still bear, but go toward bottomim in favor of smashind long term bond yield curve, and inverting the front years more for obvious reasons, namely boj inflation/interest rate planning for example. the bottom is obviously not here for TLT, but i would look towards these boxes in this order.
BRIEFING Week #51 : Probably the last of 2022 !Here's your weekly update ! Brought to you each weekend with years of track-record history..
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Phil
PIDILITE INDIA, ANALYSIS!!a monopoly stock, with great returns in a year, is the greatest thing to have.
a detailed analysis is written down:
firstly , the red trend, is the original trend past corona crash.
now since the markets had become bullish post corona crash, it has formed a new trend, and that is drawn by dark black line. the red line resistance, has now become support of stock.
after the rally, markets were consolidated, and the stock was moving sideways. then came the june- sept rally 2022, since then markets got consolidated, and became volatile.
since then from 3 months, stock is forming a good traingle pattern, there could be a breakout.
moving to next point,
since the stock is bottom of its trend, this makes sure that is in its support zone, a good pullback was show today.
RSI ANALYSIS: average time of stock's rsi moving is from 50-70. currently the stocks rsi is 50, this says that unless there is a bear market for pidilite, the stock is bottom off. this again shows a bull move, coming.
i predict that, if volume not supporting the price, and if INDIA'S bear market for shorter term, continues, stock could fall further, but since the stock has been mostly bottomed out then if stock started showing a positive move, then one can take some swing positions, and may exit around 2800. if it breaches the 2600 support of traingle formation, then i see downside till the 2500.
i hope that stock would move about 7% upward.
Bitcoin is ready to collapse and final leg downBitcoin is ready to collapse and amid fears of the recession from the Feds decision since U.S. economy is slowing down and it’s not good for bitcoin and neither for the markets.
Still below 17K; the bears has a strong potential to crash and collapse even lower.
Bitcoin halving is coming in 2024.. which is the big sign for buyers to buy the dip at the new lows of the bottom ( DONT BE LATE!! )
As I said before don’t trust any short buys because the bears are fully controlled.
Anyhow now the bottom has been confirmed from the crypto veterans and experts also big companies see bitcoin will bottom in 12-10K before or during 2023 1st Quarter; if it doesn’t hold because the recession is coming.. we will see bitcoin to go even lower than 10K zone.. FYI the Feds are still in charge to keep its decision to go higher rates and the inflation will be expected to go a lot higher in 2023.
Bitcoin All time high prediction
2023-2024 new high; 100-150K
2025-2026 new high: 200-250K
2027-2030 ( or longer) new high ( LONGTERM ) 1 Million.
If you are a holder then wait 10 years.. perhaps 5 years.. if wanted a fully retirement.
Trade safe y’all and keep an eye of those buy points for a bargain.
WILL $MATIC BOTTOM AT $0.37 BEFORE THE BULL RUN STARTS?Polygon- A fundamentally strong ecosystem that has been bridging the gap between Web 2 and Web 3 by onboarding new users through various partnerships. $MATIC is the native currency in the ecosystem.
The answer to the question in the title is most probably. With this said, lets dive into the analysis below:
The current macroeconomy is bearish which limits the growth potential for majority of the asset classes including the Crypto market. This limitation results in fundamentally strong coins/ tokens to stagnate or decline in price. This enables us to position ourselves accordingly for the next bull run. Now we take a look at how we can position ourselves using technical analysis (Pure Price Action).
My confluences for expecting lower prices for $MATIC:
- The macroeconomy is looking bearish for the coming months.
- There is a clear Fair Value Gap between $0.60- $0.68 which will very likely be filled before any rally.
- There is Sell Side Liquidity below current price denoted by the $ sign that are attractive for smart money to raid.
- There is a Bullish Order Block that has not been tested as yet.
I will be looking to take full profit from any Short position I enter upon reaching that Bullish OB around $0.40. Long positions are set to be opened below $0.40 (preferably $0.37).
This is Not Financial Advice, this is for educational purposes only. With this said, Happy Trading Pals.
Bear Market PART II when the public gets involvedBear Market for US stocks started a year ago, (See post linked below "Was this the final hurrah?")
1st phase is over, where smart money is out.
2nd phase is when the public get involved because MSM start talking non-stop about the recession (falling earnings for overvalued companies)
This will be phase 2. And it will be very volatile. More-so than what we've encountered this year.
3rd phase is yet to come.
NASDAQ MORE DOWNSIDE!I still see downside in 2023, the chart is showing a similar pattern to the DOTCOM BUBBLE.
I just see bear market rallies and some considerable time until we see a major trend reversal.
We have just finished the 2nd BUBBLE which was led by the creation of BITCOIN which was born out of the Financial Crash in 2008. The age of low interest rates are also over and the time of making easy money is over.
This is just for my own trading journey and pure speculation, if you enjoy please like and comment below.
Thanks
BTC at a critical level! Can It break 18.2k?!Here's a quick look at the BTC 6 hr. chart. As we can see, the price has been printing a bigger rising channel, and if the price gets rejected from its current level, we may see a drop to the bottom of the rising channel! If the price breaks above the channel and thereby 18.2k, the price will probably retest the 18.8k level!
A rising channel has a 30% chance of breaking higher, and a 70% chance of breaking lower!
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
That's one small step for satoshi, one giant leap for crypto (2)Math will never lie unless you can't do math. This calculation has been going on since the day we started and we so far it's perfectly correct.
What I want to share with you is the following: Gold is always 1 and 9 or 4.5. Gold at a top is 9 and thus the end of a bull run.
Gold at a bottom is always 1 and therefore the end of a bear run. Blue/Pink between these 2 is neutral, we continue with the trend or not.
The lines between them are called noise numbers. Here you often lose the most ..trading it.
The answer should be clear enough. Study the map.
Kind regards, the Woelf of crypto street
Whale you Later!
p.s.
Visit the old post for more information (link to related idea)