USDT Dominance Showing Signs of Continued StrengthPerhaps one of the most underrated market indicators, USDT.D is showing classic signs of accumulation and remains in a well established uptrend dating back to 2018.
The ascending triangle pattern suggests another market move is on the horizon. If this plays out to the upside for USDT.D then crypto market participants can expect volatility in the markets favoring traders with short positions established. To give this pattern a little added strength, the MACD histogram also shows signs of hidden bullish divergence on the oscillator.
Of course, no one knows for certainty where this market (or any market) is heading in the near future, however, with indications like this one, witnessing a negative move downward in crypto prices would not come as a surprise.
Bearmarket
Bearish Alt-Bat On The Monthly Entering Years Long Bear MarketGold could be due for a years long correction down to A level at $1052 as that is the target of this Bearish Alt-Bat given the circumstances i wont be looking for any bullish setups on gold in the long-mid term only bearish ones.
This probably isn't a good sign for extended commodities either, the only commodities i will look for signs of bullishness in are undervalued ones like copper.
Current Pull-Back: A Perspective Using NASDAQ 100 WeeklyCME_MINI:NQ1! has had the sharpest pullback in last couple of weeks. The Semiconductor Industry NASDAQ:SOXX has been the largest driver in this selloffs. In this Trend Analysis, I tried to draw a perspective as to how deep this pullback could be given Support and Resistance areas that stood the test of time in recent years. I used Weekly chart to gain a broader perspective of where the index will end up in coming months.
It is easy to establish that the TOP of the Current Rally (~16,100), i.e., the Resistance has been determined by the Start of the Recent Bear Market in 2022. Which technically started with the collapse of the Post Pandemic Rally in early January, 2022. This is the most important Control Level that the current market needs to break for a further rally in the future.
The Bear Market in 2022 was strictly bound by the Wedge Resistance as we can see. The same phenomenon can also be shown by simply drawing an Anchored VWAP from the All Time High. Throughout the course of the Bear Trend CME_MINI:NQ1! could not break above the AVWAP. After the market established a bottom between October and December of 2022, it finally broke above the Wedge in the last week of January, 2023. We can call this the beginning of the current Bull Market. NASDAQ eventually broke the AVWAP in the last week of March 2023 to further confirm the Bull Trend. The AVWAP has worked as a Support Level since then until the market boosted up in May.
Now coming back to the Current Pull-back, It is not hard to identify that there is a possible Support Area at the bottom of the range (~14,775) which the Current Bull Trend has established. If this Support Level is held then the projected size of the pullback from the top will be approximately 8.0 %. Current price action has confirmed a breach of the Short Term EMA cloud in the Weekly chart. In the Daily chart it came down below the 50 day Moving Average which indicates Short Term bearish tendency. If CME_MINI:NQ1! doesn't take support at the Range Bottom, then we could think of the Long Term EMA cloud as secondary Support Area. The next Support Area could be the AVWAP from ATH. For now, there is no reason to believe that there will be a lingering pull-back in the market going forward to start another Bear Market. Our best "hope" is that the market will take support and continue the Bull Trend in coming months.
Please note that historically, in Pre-election years, August and September had been the most bearish months. This write-up is solely based on Technical and Trend Analysis to figure out the best case scenario.
Thanks for Reading!
🔴 DOGE USDT 🔴NO LIQUDITY SWEAP NO ENTRY.
STRUCTURE IS CHANGING ANYTIME.
EVERY CANDLE HAS LIQUIDITY.
PRICE ALWAYS NEED LIQUIDITY.
Nobody Knows Where is Price Going.
Hey traders, here is the analysi.
If you guys like my analysis please hit like?? and follow.
Thanks.
SMART MONEY CONCEPT.
identify Liquidity Or Become Liquidity
DISCLAIMER- This is not financial advice.
AUDUSD,Bearish trend,Head and ShoulderGood afternoon,
I hope everyone had a succesful trading week and week in their daily lives. Here is a pre market forecast for AUDUSD this upcoming trading week. Last week, AUDUSD was bearish for the most of last week. Toward the end of the week it began a retracement process. Price broke the daily supply/demand area @0.65944.
Price is projected to continue bearish momentum to the next 4hr supply/demand area @0.65464. If price rejects this area, look for the head and shoulder formation to form to confirm this projection.
If there are any questions, comments, concerns, or you may have a similar analysis to mine please do not hesitate to share, comment, and boost this post.
NIFTY INTRADAY LEVELS FOR 04/08/2023BUY ABOVE - 19420
SL - 19380
TARGETS - 19470,19520,19560
SELL BELOW - 19350
SL - 19380
TARGETS - 19300,19230,19160
Previous Day High - 19537
Previous Day Low - 19296
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
Nifty50 Levels for 04-08-2023#Nifty50 Levels for 04-08-2023
> If you're following these zones then kindly follow the rules too. Risk management, Position sizing, Confirmations.
> This is my perception of the market so, kindly do your analysis to get more clarity on the market.
> These levels might help you guys. As per my view, I'm sharing it with you guys.
> This is not a blueprint to happen so, kindly do your own analysis along with my view. Thank you for your SUPPORT.
Kncusdt.P Short Term Targets BINANCE:KNCUSD.P Technical Analysis,
Fib Retracement + Resistence zone
Short Term Targets : 0,65/ 0,60 / 0,55
If we can see Bitcoin can Broke all support zone we keep our knc Targets.
Navigating Volatile Markets Navigating Volatile Markets: Strategies for Turbulent Times
Introduction
Financial markets are no stranger to volatility, with unpredictable twists and turns that can test even the most seasoned investors. However, turbulent times need not be daunting. In this blog post, we will explore strategies to help you navigate volatile markets with confidence, turn uncertainty into opportunity, and make informed investment decisions during challenging times.
1. Stay Informed, Not Overwhelmed
During periods of market volatility, it's essential to stay informed about market developments and economic indicators. However, avoid becoming overwhelmed by constant news updates and opinions. Focus on reliable sources and maintain a balanced perspective.
2. Diversify Your Portfolio
Diversification is a time-tested risk management technique. Spread your investments across different asset classes, industries, and geographic regions. A well-diversified portfolio can cushion the impact of volatility on your overall holdings.
3. Set Clear Goals and Stick to Your Plan
Define clear financial goals and create an investment plan tailored to your objectives and risk tolerance. During turbulent times, emotions may tempt you to deviate from your plan. Stay disciplined and trust in the strategy you have set forth.
4. Consider Defensive Investments
Explore defensive investments, such as bonds, dividend-paying stocks, and precious metals. These assets may provide stability during market downturns and act as a hedge against heightened volatility.
5. Focus on Quality
In uncertain times, prioritize quality over speculative bets. Look for companies with solid fundamentals, stable cash flows, and strong balance sheets. Quality assets are better equipped to weather economic storms.
6. Assess Long-Term Value
Volatility can create buying opportunities. Look for high-quality assets that have been oversold due to market sentiment rather than inherent flaws. Assess their long-term value and potential for recovery.
7. Implement Stop-Loss Orders
Use stop-loss orders to protect your capital from significant losses. Set stop-loss levels that align with your risk tolerance and allow you to exit positions if the market moves against you.
8. Avoid Panic Selling
Resist the urge to panic sell during market downturns. Selling low locks in losses and may hinder your ability to benefit from potential market rebounds.
9. Focus on Risk Management
Adopt prudent risk management practices. Only allocate a portion of your portfolio to higher-risk assets and avoid overexposing yourself to individual positions.
10. Seek Professional Advice
If navigating volatile markets feels overwhelming, consider seeking advice from a financial advisor. A professional can help you assess your financial goals, devise a tailored strategy, and stay on track during turbulent times.
Conclusion
Volatility is an inherent part of financial markets, but with the right strategies and a disciplined approach, you can navigate turbulent times with confidence. Stay informed, diversify your portfolio, and focus on long-term value rather than short-term fluctuations.
Remember, every market cycle presents opportunities. Embrace volatility as a chance to refine your investment approach, grow your wealth, and turn uncertain times into prosperous outcomes.
Happy investing, and may your journey through volatile markets lead you to a more secure financial future!
The MA 20, The RSI, and Another Bull RunWelcome back to my new long-term analysis. After we called the exact bottom in our last analysis, I am now showing what might happen next with the BTC price.
Today, we are looking at the monthly BTC/USD Chart.
With every BTC halving (dashed vertical lines) the chart is above the orange line, the monthly MA20 . The monthly MA20 decides whether the overall sentiment can be seen as bearish or bullish. A break above the MA20 after a successful crossing of the RSI (purple line in the RSI chart) and the MA7 of the RSI (yellow line in the RSI chart), sets the start of a new bull run as seen in 2019 and 2015. I’ve marked these important points with green circles . For visibility reasons, I left out the example from 2015, but you can easily recreate and see that it applies to that year as well. Whenever the chart is above the MA20, it doesn’t fall below it again until the beginning of the next bear cycle (the Covid-Crash remains an exception, as always).
So, the logical summary to determine a new bull run is the following:
Initial position: Chart has bottomed out (see my last analysis to find out how to detect the BTC bottoms) but is still below the MA20.
Step 1. RSI crosses the MA7 RSI to the upside.
Step 2. Chart crosses the MA20 to the upside.
Et voilà, we found the new beginning of the next bull run.
But where do we close our long positions?
Again, with the help of the RSI crossing the MA7 RSI we can also determine not the exact cycle top, but a precise area where we should close our long positions. When the RSI is in the oversold area (RSI above 80) and also crosses the MA7 RSI, but this time to the downside, we can consider the bull run over. I’ve marked these important points with red circles .
And, what’ next?
I did a little forecast to show what I think the future price movement for BTC can look like. We are facing a small mini-bull-run up to ~45-50k (~Dec 2023). After that, the price gets rejected quite heavily and stays close to the MA20, but always remains above it, until BTC is ready to take off for the next bull run which I think, based on the past timings, is around December 2024. The bull run top can be reached within half a year and could bring the price up to 170k, if not even more.
$BTC -Range Bound *12hr- CRYPTOCAP:BTC continues trading within a Tight Range of 2K,
dancing tango with range's bottom and ceiling,
until it doesn't.
40.000$+ per #Bitcoin is not as far fetched from here,
all Bitcoin gots to do is break current range to the upside before resuming higher.
Besides that, the awaiting Feds Rate Hike decision will impact direction of CRYPTOCAP:BTC
and other Financial Market sectors.
Breaking down from the range, upcoming supports are EMA200 catching up to 12Hr(tf),
Demand Zone during impulsive price action in 1Hr(tf) + a small support trendline.
If all these zones fail to provide support assuming a range breakdown headed South,
watch for S/R zone 24K-25K to catch a decent bounce,
welcoming great probability outcome Longing on Derivatives .
Remain Patient !
Until the next confirmation
TRADE SAFE
*** Note that this is not Financial Advice .
Please do your own research and consult your own Financial Advisor
before partaking on any trading activity based solely on this Idea
BNBUSDT Potential Bear ActionPotential bearish scenario to this asset. Price action is suggesting a further drawdown to the 239USDT demand region as the actual pullback seems to be accomplished. The reciprocal AB=CD pattern projection is reinforcing this idea, as a Head and Shoulders pattern is likely in formation. Thus, on this hypothetical 30m scenario, the price can made a ranging interacting w/ the neckline. Chaikin Money Flow hidden divergence & below zero + Awesome oscillator twin peaks in formation + Fisher Transform bear crossing.