BTC/USDHi all,
Hash Rate leads Difficulty in identifying Bitcoin Miner Capitulation.
Hash Ribbons is close to a buy signal and is it would be wise to pay attention.
Usually this indicator has a high probability of success if we analyze the history of buy signals and price action after that.
Since it is a lagging indicator, I frequently take DCA into account before BUY signals.
What do you think about this strategy?
Bearmarket
Mid cap coins for the next bull run. Research!Trading mid-caps and low caps (aka sh!t coins) is only a good strategy in a bull run for BTC and ETH. But here are some notes on things to look into for the next bull run to keep yourself busy. Understand how they work and how they plan to provide value to make money. DO NOT BUY RIGHT NOW! RESEARCH!
Curve finance ecosystem
Ape coin (bitcoin of gaming crypto) ($20 target next bull run)
Gala games (possible 10X $0.6 target)
Vulcan forged (billion $ market cap w/ $45 target)
Adshares (if they pull off what they're talking about = big IF)
Seedify.fund (face of gaming IDOs)
SuperFarm (Ellio trades)
Verasity (might replace streaming has a cult following)
Illuvium ($500 target in bull run fully diluted valuation is a problem)
Microcap games (interesting)
Wilder world
ZooKeeper
And then the bigger names:
Kusama
Solana Vs Polygon Vs Polkadot narrative
Solana: Radium
Polkadot:polkadex & polka starter
The biggest return will come from coins that still have a strong narrative such as the metaverse but have experienced the biggest losses without dying. If you can see how these projects work and what makes them tick you'll be better positioned for the evolution of the metaverse narrative in the coming years.
Right now is not the time to buy it's the time to sit on your hands with the majority in cash. Dry powder will become valuable as the market tanks further trying to convince the FED to print more money. Current moves feel like a bear market rally so yes if you need to scratch an itch it's an "in and out 20 min adventure" don't say I didn't warn you. Just my opinion but stay off the tracks for a little longer and jump on the train as it passes instead of getting run over
Now is the time to learn. An hour a day just watching Krowns crypto cave or real vision finance will do wonders in a year if one is consistent. Avoid the blizzard and stay warm digging for the sunshine. Even if YouTube is all you got for now it'll do.
Maybe pick up an Undoing Project by Michael Lewis book if you like micro or A People's History of the world by Chris Harman if you like macro.
All the best, see you on the moon.
TTD: Still in bearish territory!The Trade Desk
Short Term - We look to Sell at 74.57 (stop at 87.61)
Sentiment remains negative despite the pull-back higher in prices. Current price action faces resistance at the 50% Fibonacci retracement level of the 113.95-39.91 move. Resistance could prove difficult to breakdown. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower.
Our profit targets will be 40.47 and 30.00
Resistance: 74.50 / 90.00 / 115.00
Support: 40.00 / 30.00 / 15.50
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Cardano look bearish in weeklyCardano look bearish in weekly chart as we see that we're in the bullish correction before to continue drop. But we hope to find down a good opportunity to short ADA, I believe that it's not far to reach down $0.17 cents, but this it's some possibility to happen. But Cardano could to reach down to $0.27 cents in the next weeks to see.
Also guys, buying Cardano below of $0.30 cents it's very good to accumulate ADA in this bear market and preparing your cash to buy this cryptocurrency and hold for ever until reach your own goal. Also, I draw the Cardano logo here and look precious and beautiful my design to present this cryptocurrency for crypto-enthusiastic.
I hope that this analysis support you!!!
Bites Of Trading Knowledge For New TOP Traders #14 (short read)Bites Of Trading Knowledge For New TOP Traders #14
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What defines a Bear Market? -
A bear market is when a market or even individual securities experiences extended price declines. The condition observed in the equity markets is where securities prices fall 20% or more from recent highs triggered by negative investor sentiment and/or overall pessimism in the markets.
What defines a Bull Market? -
A bull market is the condition seen in a financial market or individual security in which prices are rising and/or are expected to rise. Commonly the rise in price is observed over an extended period of time and can last months or years.
What is Inflation? -
Inflation is a rise in prices and is often expressed as a percentage change over a period of time. Inflation could also be interpreted as a decline of purchasing power over time, meaning that a unit of currency buys less than it did in prior periods.
RISKS AND OPPORTUNITIES FOR CORPORATES AND INDIVIDUAL INVESTORS -
Common application of financial market instruments for managing risk and opportunities.
Diversification: Portfolio Risk Using FX Futures
Individual investors taking a portfolio approach with managed futures and spot foreign exchange could be entering into emerging market currency positions including for example Hong Kong Dollar, Singapore Dollar or South Korean Won.
Depending on the view of each of the currencies in the portfolio, it could be constructed to eliminate exposure to the U.S. Dollar. However, there may be a time during which investors would like to introduce U.S. Dollar exposure and they could do so by using Mini US Dollar Index ® Futures with a contract value of $10,000. For example, the U.S. Dollar Index ® may be observed to be in a medium term uptrend and an investor may want to consider entering into a long position in the Mini US Dollar Index ® Futures based on their strategy of choice and exit the position when either their profit target is achieved or their loss limits are triggered.
TRADDICTIV · Research Team
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Disclaimer:
We do not provide investment advice, nor provide any personalized investment recommendations and/or advice in making a decision to trade. Before you start trading, please make sure you have considered your entire financial situation, including financial commitments and you understand that trading is highly speculative and that you could sustain significant losses.
SPY analysis-option and fundmental
the big topic of this month and July has been RECESSION . I believe it depends all on the labour market now if we start to see increasing unemployment that could tip us into a recession. this is why I am short on the SPY because I believe this rally will fizzle out because there have been no real positive changes in the macroeconomics currently to fuel this rally, today we have initial jobless claims which will give us a good insight to which way the labour market is moving. which now is the main factor into the decision if we are going into a recession because the realized strength of the consumer is purely based on them receiving an income. Because of their credit card debt, the US consumer heavily relies on credit cards which could possibly mean with the labour market becoming weaker consumer spending could decrease even further as this has already started to happen. another sign that supports my view is that implied volatility has decreased and the lower the implied volatility the lower the premium paid for the option which means it will fall in value. as well as a put-to-call ratio of 1.265 which shows an increase of negativity around the SPY. currently, we have a volatility smirk for the SPY which is where the implied volatility for lower strike prices so this means investors are buying more puts(short position). this option analysis gives us a good insight into which way the SPY will move. on a micro company level, the cost of debt is increasing because of Hawkish rate hikes. if the cost of debt increases the weighted average cost of capital will increase(WACC) so for a company to be creating value its return on invested capital has to be higher than WACC. the reason I have included this is that i gives a good insight into what is actually causing these companies' value to decrease.
Trying to comeback bulls or bear retracementMeeting the resistance of the bears downtrend should be heading more downturn to come as recession worries and Taiwan visits.
Everyone was mad at the republicans to worry about china instead of the USA.. overall monkeypox began to spread even more and made worry of the US civilians health White House even Biden wasn’t paying attention but the economy is slowing down and recession amid as Tesla cut off jobs.
The stock investors hope that recession had already started
Bitcoin Where Are We? Still Some Pain On The Horizon. I don't believe we are out of the weeds yet and still have a ways to go with this bear market. The Federal Reserve's aggressiveness towards raising interest rates to combat inflation isn't the best conditions for a bull market in asset markets in general. We still haven't had any sideways movement with Bitcoin just yet and I don't believe we've found a true bottom either.
We could rally up to $28,000 or $30,000 but volume is fading and it seems like the current rally is starting to stall out. There's a big possibility that we revisit a sub $20k Bitcoin in the coming weeks or months. If the United States continues it's trend of negative growth that will not translate well into the crypto markets.
It's all about the cycles at the end of the day. The goal is to accumulate during the bear as close to the bottom as possible and ride the wave into the next bull cycle.
Is this recent rally a bull rebound of a bear retracement? To make an assessment if the market has turned bear, during the closing second quarter on 29th June 2022, we discussed on the topic “Using S&P to Identify Recession
and on the 19 Jul, 2 weeks ago the tutorial posted here, we studied and expecting this current rebound, topic “Nasdaq a leading indicator of Dow Jones, S&P & Russell”.
In today’s tutorial, I thought of doing a recap between the two videos and explore if the current market and its development, if it is a bull rebound heading to break another new all-time high or if it is a bear retracement?
I have included both the video links below.
Before we get into this topic, please also take some time to read through the disclaimer in the description box below.
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.
Tutorial example:
Micro E-Mini Nasdaq
0.25 = US$0.50
1.00 = US$2
(12,900 - 11,900) x US$2
=US$2,000
(Note: Opposite is also true)
• During the closing second quarter in June, on 29 Jun - “Using S&P to Identify Recession
• On the 19 Jul, 2 weeks ago - “Nasdaq a leading indicator of Dow Jones, S&P & Russell”
ETH - FINAL RALLY OBJECTIVES!! Elliott Waves show it to youHey traders,
I am showing you today my COINBASE:ETHUSD chart in Elliott waves.
As we can tell, we will be going for a last bullish push pretty soon, in order to go reach our final objectives of this bear market rally.
Long objectives:
1/ 1824/1860
2/ 1905
3/ 1960/1996
4/ 2080/2122
Thennnn, the big drop.
Go check my previous charts to know where the short objetcives will be located
Don't forget to move around my chart to understand the entire pattern
Heres the different way I found my objectives:
Fib retracement of the B
Fib extention of the "c" of the "abc" of the B
Fib extention to find the yellow C
Major fib extention to get the objectives of the Y
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BTW, I am selling a PDF , regrouping all the knowledge I have found on Elliott Waves , from the greatest analysts books, into a clear, simple and explicative way,
Contact me in private, or in comment if you don't have enough reputation point if you are interested
.
.
Don't hesitate to comment and check my other ideas
Still in bear flag….17K is not the bottom , 20K is not the bottom.
We have a problem of bullish.. we continued sideways of a channel and still in bear flag but yet … it’s STILL FORMED!
Problem was it’s not over. Biden decline USA is in recession twice and yet we be seeing another truck downside.
10-14K has the strongest bottom floor support.
If your still in profit I highly suggest secure your profits immediately.
Bear flag still formed and long consolidated with a bear flag won’t let the bulls go off that easily.
It has to go another big drop down 10K area then sky rocket up.
BTC at bear-trend resistance lines! Be careful!Many people out there call for a bullish momentum up to $26k - $28k.
If the pricemanages to break through both resistance lines and flip it into support - there might be some chance to reach $25500 before some correction.
Actually i wouldn't recommend opening a trade and wait for confirmation. I'm expecting a big SL hunt for bears and bulls!
Eth/Crypto Projection, Ultra Fakeout Incoming?Similar to January 2019, we're due for a technical correction and bear market rally. We're riding the resistance bounds of short term gains, and now that it's opportune for market markers to turn the viewpoint of the crowd bullish again, it seems like shorts are now the crowded move and perhaps the wrong move.
Long-term momentum should remain bearish (white line in chart) and it wouldn't surprise me if we went down from here very shortly in the next few weeks, set a short-term higher-low (white flag in the chart), followed by a medium-term lower-high (the red hammer in the chart), followed by more downtrend where more consolidation happens. Unless of course severe QE or something fundamentally crazy happens that will interrupt it somehow, which definitely seems possible sometime soon, and should be prepared for.
Personally, I know anything can happen, but being a contrarian tells me that this is the move the crowd won't be able to see. They are bearish but got a bit scared by this recent rally. Some have covered their shorts. Why not force them to reconsider their shorts for one quick fakeout before a large long move?
What do you think? Am I crazy? Do you think it's possible?
Good luck, thanks for taking a look, and don't forget to hedge your bets!
PS. 5000 is a bit of a stretch for a target, my hand got carried away with the drawing tool! :p
Anywhere 2500+ would be pretty impressive imo.
Continuation of Bear Market Rally Summer 2022Hello Hello! So far so good from my previous bear market rally chart. Everything seems to be held in place as the market continues to climb upwards with regard to recession and the recent 75 bps rate hike and on top of it all very controversial earning reports. Shorts and retail continue to be punished for their bear case as the market continues to climb upwards breaking above the 400 level and more. Let's continue this rally till September SPY 440 is my goal end of September, see you then!
BAC: TurnaroundBank of America Corp
Short Term - We look to Buy at 32.43 (stop at 30.27)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Previous resistance level of 32.32 broken. This is positive for sentiment and the uptrend has potential to return. There is scope for mild selling at the open but losses should be limited. We look to buy dips.
Our profit targets will be 37.49 and 40.00
Resistance: 37.50 / 44.00 / 50.00
Support: 32.32 / 30.00 / 26.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
BTC - Update on the drop, before the bouncy bounceHey traders,
BTC is looking mad with the triangle shape. Of course, this week is very choppy, full of news.
Nevertheless, we are able to find the incoming last objectives before entering in the (C) of the bull rally of the bear market
I leave you bellow my screenshot for you to understand how to find those objectives
Short zone until:
1/ 20350/20190
Then the long obejctive zones:
1/24840/25100
2/25470/25730
3/26830/27100
Understanding how to find the fractal of the (e)
Finding the B of ABCDE
Finding the C of ABCDE
Finding the D of ABCDE
Finding the E of ABCDE
Annnd how to find the (C) green to finish the bull rally
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BTW, I am selling a PDF , regrouping all the knowledge I have found on Elliott Waves , from the greatest analysts books, into a clear, simple and explicative way,
Contact me in private, or in comment if you don't have enough reputation point if you are interested
.
.
Don't hesitate to comment and check my other ideas
WMT:Consumer spending declining?Walmart
Short Term - We look to Sell at 127.66 (stop at 133.76)
This stock has recently been in the news headlines. They issued a profit warning ahead of earnings. Our outlook is bearish. A firmer opening is expected to challenge bearish resolve. Resistance is located at 128.00 and should cap gains to this area. Preferred trade is to sell into rallies.
Our profit targets will be 112.83 and 108.00
Resistance: 136.00 / 145.80 / 160.00
Support: 112.80 / 105.00 / 85.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
ETH - Update on the current move, and the incoming pumpHey traders,
As you might know, this week is full of news, between the earnings of the biggest tech companies, the FOMC, the GDP reveal, so the confirmation of the recession (that they still don't want to admit)
So, IMO COINBASE:ETHUSD is about the reach the different purple objective that you can see, and then bounce with all the acts and BTC for the last bull rally of this bear market correction.
So I forgot to publish my idea, but the first objective has been reached with a strong bounce, but the market wants to look lower
The two other short objectives zones are:
1/ 1400/1380
2/ 1323/1305
And then we are going for the same longs objective as I publish in the last idea on ETH
Long objective zones:
1/ 1746/1770
2/ 1848/1885
3/ Maybe even above, on the 1900 zone to play on the 90% retracement
My chart that I forgot to share to you....for you to see the real power of the Elliott Waves
s3.amazonaws.com
How to find the zones:
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BTW, I am selling a PDF , regrouping all the knowledge I have found on Elliott Waves , from the greatest analysts books, into a clear, simple and explicative way,
Contact me in private, or in comment if you don't have enough reputation point if you are interested
.
.
Don't hesitate to comment and check my other ideas
Bitcoin Enter Multiyear Bear PhaseWith recent failure at $29318, Bitcoin has undergone major invalidation to its macro wave pattern. Seemingly invalidating its impulsive form, I believe the King of Crypto is due to form a big wedge/diagonal/wyckoff pattern over the next number of years. Considering the ultra aggressive drop cycle we've all witnessed, I believe Bitcoin to also be in yet another more micro version of a diagonal move was well.
With 3 big waves stretching down from $68K > $28K, we could see a sizeable return to the range of $50-$55K as a Wave 2 correction.
Denial at this level would prove as confirmation (imo) to the yearslong downside cycle.
I guess its time to see how Alt Season really operates.
Also interested to see how this affects Bitcoin's dominance on the market.
How Low Will it Go?!Look to the 2020 correction zig-zag to form bottoming price structure. Getting crushed to capitulation in October would be the usual outcome.
Timeline for the bear likely will be in the 9-11 month range, bottoming on October or early November. Typical bear is nine months, rarely >15.
RSI would get crushed well under 20%. Short -term oversold condition could provoke a weak rally; short onto any rally going forward imo.
Be ready to enter longs in 4th quarter. Do not get onboard too soon, do not FOMO my friends. There will be plenty of time for longs after.
Better to miss the bus than get run over by it, eh?! Be wary when bottomfishing! GLTA!!