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ETH - Rejection Zones Ahead 🔃Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. ETH has been slight bullish for the last couple of weeks trading inside the orange flat rising broadening wedge pattern. 📈 Lately, ETH rejected the upper bound of the wedge pattern and now trading lower as a correction phase. For the bulls to take over again medium-term, we need a break above the red resistance. 📉 Meanwhile , If / As ETH approaches the lower bound of the wedge pattern and blue support, we will be looking for buy setups. Which scenario is more likely to happen next? and why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
18
BTC - The Road Not Taken 🛣Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last BTC analysis (attached on the chart), we were expecting a short-term bullish movement till the upper orange trendline before we get one more deep bearish dive till the 25,000 zone. 📈 Now BTC is sitting around that the upper orange trendline. For the bulls to remain in control , and invalidate that bearish trend / channel, we need a momentum H4 candle close above the upper orange trendline. Meanwhile , the bears can still kick in; and the confirmation would be by breaking below the previous highs (in red) downward again. Which scenario do you think is more likely to happen next? and why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
44
FTM Price Analysis: Long-Term Targets Suggest a Mind-Blowing 30xFTM/USDT Technical Analysis: A Bullish Outlook with Long-Term Targets ( FTM Price Analysis: Long-Term Targets Suggest a Mind-Blowing 30x-40x Growth ) In this technical analysis of the FTM/USDT pair, we will explore the current price action and chart patterns of Fantom (FTM) in relation to the Tether (USDT) stablecoin. Please note that this analysis is based on historical price data and personal interpretation, and it is important to conduct your own research before making any investment decisions. Cup & Handle Pattern: On the higher time frame (HTF) chart, FTM is showing signs of a Cup & Handle pattern. The cup has already formed, and the handle is currently being shaped. This pattern suggests that FTM may experience a significant price increase after breaking above the neckline resistance. Long-Term Targets: Based on the chart analysis, there is a strong bullish sentiment surrounding FTM. It is anticipated that FTM could potentially reach $10 during the next bullish run, representing a substantial 30x-40x increase from its current price level. Support and Resistance Levels: Key levels to watch for support include $0.25 and $0.170. These levels may present attractive entry points if the price experiences a significant dip. On the other hand, resistance levels are situated at $0.46, $0.60, $1.18, and $3.31. Breaking above these resistance levels could indicate further bullish momentum. Opportunities for Accumulation: According to this analysis, every significant dip in the FTM price presents an opportunity for accumulation. If the price approaches the strong support level at $1.75, it could be an advantageous entry point for investors looking to accumulate FTM tokens. Conclusion: In summary, the technical analysis of the FTM/USDT pair suggests a bullish outlook for Fantom (FTM). The Cup & Handle pattern, combined with the projected long-term targets of $10, indicates potential substantial gains in the future. However, it is essential to remember that this analysis is subjective and not financial advice. Conduct your own research and exercise caution when making investment decisions. Takeaways: FTM/USDT is showing a Cup & Handle pattern on the higher time frame chart. A breakout above the neckline resistance at $0.60 could trigger a significant bullish move. Long-term targets indicate a potential rise to $10 during the next bull run. Strong support is found at $1.75, presenting an attractive entry point. Consider every significant dip as an opportunity to accumulate FTM tokens. Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Always conduct your own research and consult with a professional financial advisor before making investment decisions. Follow us for more Chart Analysis. Thank you.
FLong
by CryptoPatel
3
The secrete trend line no one will show you and the buy signalsJust a quick look here. Another trend line that the BTC price broke through with that big candle in March. BTC first broke through MA Pi bottom resistance kin January then held it as support. Look at when it happened... Literally right after it crossed!!! It is now playing with the top of WHITE trend line. I believe it will continue to do so for a period of time. This is a similar trend line BTC formed in 2015 of of it's lows back then. Pi Cycle bottom being held as support. BUY The MZ BTC Oscillator is dark green making confluence for the BUY. Steve's NVT HV. This one is 100% accurate. When the RED AND WHITE LINE (volatility) goes below the YELLOW line and comes back up and is RED a move is to follow in the upward direction. If it's WHITE then it will correct. The color before entering is insignificant to the confirmation signal. NVT coming up RED Confirms the BUY! There is a move brewing and it smells like a pump. Kind Regards WeAreSat0shi
BNC:BLXLong
by WeAreSat0shi
5
ETH - Rejection Zones 🔃Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. ETH has been slight bullish for the last couple of weeks trading inside the red channel as a bullish correction. 📈 However , ETH is now approaching a strong resistance zone marked in purple, as it is the intersection of the upper red and orange trendlines. For the bulls to remain in control, we need a break above the green zone and both trendlines. 📉 Meanwhile , ETH can still reject the purple zone and trade lower to test the lower red trendline again. If the red channel is broken downward, then we will expect a deeper bearish movement till the 1700 support zone. Which scenario is more likely to happen next? and why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
26
If U.S. Treasuries Default: Market and Bitcoin Implications Authors: SanTi Li, & NaXi Da U.S. Treasury yield, long considered as a risk-free rate (R0) for value computations and future valuations as per materials like the CFA curriculum, bears nearly zero risk in the financial landscape. However, what happens if this supposedly risk-free asset becomes risky? A U.S. Treasury default would have vast ramifications on the global economy and financial markets. Let's analyze the potential impacts on liquidity, the U.S. dollar value, and Bitcoin's value: Liquidity: U.S. Treasuries, globally accepted as secure assets, constitute the cornerstone of the global financial system. A U.S. default could lead to a confidence crisis in U.S. Treasuries, prompting large-scale selling and potentially a liquidity crisis. This crunch could trigger a plunge in asset prices, escalate financial market volatility, and exacerbate the global financial crisis. U.S. Dollar Value: The U.S. dollar remains the world's primary reserve currency. A U.S. Treasury default could erode global confidence in the dollar, depreciating its value. Still, a market panic might trigger asset sell-off, driving the dollar demand up. Simultaneously, investors could seek refuge in other 'safe haven' assets such as gold or other strong currencies, mitigating dollar depreciation to some extent. Bitcoin Value: The secondary market value of Bitcoin is influenced by numerous factors, including market sentiment, consensus, BRC standard popularity, attitudes of governments, regulatory policies, technological developments, and application convenience and degree. If a U.S. default occurs, Bitcoin might respond in two disparate ways: ● Positive Impact: If investors look for non-traditional 'safe haven' assets like gold and silver, and the world requires a new, relaxed reservoir to absorb decompressed funds, Bitcoin's demand and value might increase in the medium to long term. ● Negative Impact: Bitcoin's high volatility and risk could drive investors away during market panic, decreasing its value. Therefore, Bitcoin's reaction would largely depend on market sentiment and investor risk appetite. Implications on the Global Economy and Trade: A U.S. Treasury default could precipitate a global recession, or even a deeper economic crisis. It could also impair the credit of the U.S. dollar, disrupting global trade. Exporters to the U.S. might face diminished orders, while importers of U.S. goods and services might encounter higher prices. Potential Restructuring of the Global Financial System: A U.S. default could lead to a reevaluation of the dollar-based global financial system, potentially allowing other currencies, especially the yuan, to play a more prominent role in the future global financial system. This could also fast-track the global acceptance of digital currencies and blockchain technology. Risk Assets Value Volatility: A U.S. bond default might result in significant volatility in the value of risk assets such as stocks, commodities, cryptocurrencies, and emerging market assets. In theory, three scenarios could lead to a U.S. bond default - debt ceiling issues, government shutdown, and policy errors. However, extreme 'black swan' scenarios such as external shocks and political conflicts could also lead to default. In conclusion, while a U.S. default is highly unlikely, if it occurs, it would have a profound impact on the global financial system. Despite initial potential negativity towards emerging digital industries like blockchain and cryptocurrencies, they may encounter new opportunities in the long run. This would especially be the case if the U.S. dollar's status as a settlement currency is challenged. This could increase demand for Bitcoin and accelerate the transformation of global trade methods. However, it is critical to note that the thoughts expressed above are intended for long-term thinking, discussion, and learning, and should not be construed as investment advice. However, the probability of an event with a similar magnitude happening is not necessarily low. The exact timing and suddenness of such events are difficult to predict, hence the importance of having risk control and defensive mechanisms in place to be prepared for any situation. Twitter: @santili1021
by OuChiBoy
BTC - The Range Is Getting Narrower 📦Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. BTC has been boring for the last couple of weeks as it is stuck inside a range. 📉 The range is getting narrower because BTC is forming lower highs and equal lows as a descending triangle pattern. As per the textbook, the descending triangle is usually a bearish continuation pattern. But to me, it can be broken either side. If we break the last major low in red downward, we will expecting further bearish movement till around 25,000 🏹 Here is why the 25,000 zone marked by purple circle is a strong support: 1- Round number => 25,000 2- Classic Resistance Zone Turned Support 3- Lower red trendline from daily acting as a non-horizontal support 4- Lower orange trendline from H4 acting as a non-horizontal support 5- Demand zone 📈 In parallel, if BTC breaks above the last high in blue, we will be expecting a bullish correction till the upper orange trendline. Which scenario is more likely to happen next? and why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
25
DGB!! Preparing for it's big entry!As we can see here this is the Monthly chart of Digibyte and we can see a distinct pattern. The MACD makes a cross up and during this time price action make goes up very fast and vast. I have the crosses marked with a circle and the bear market trading range marked with a rectangle shape. The real important information is not the move that historically has followed, it's the fact the that bottom was always behind this cross as well , so the risk is very low after this cross. We don't have this cross yet, but it looks to happen very soon. The buy is a confirmation of this cross on the monthly. We need to keep in mind that just because this cross will happen, doesn't mean prices will soar right away, it could, and most likely will take some time. Confirming the parabolic move up is the CM_Ultimate_MA. Right now is red but when it turns green and price action is above it, confirms the bullish moves ahead for months to come. Thank you WeAreSat0shi
BITTREX:DGBUSDLong
by WeAreSat0shi
10
Bitcoin(BTC/USD) Daily Chart Analysis For Week of May 19, 2023Technical Analysis and Outlook: Throughout the week, the coin's prices remained relatively stable, fluctuating between the Completed Inner Coin Dip of $25,800 and the Mean Res of $27,650. However, the emergence of a new, less significant Mean Sup of $26,750 indicates the possibility of a drop in price to the Inner Coin Dip of $25,800 or even lower to the Outer Coin Dip of $23,950. Conversely, there is currently no indication of an increase in price action to and beyond the Mean Res of $27,650 and $28,250.
BITSTAMP:BTCUSD
by TradeSelecter
XRP - TRIO RETEST 3️⃣ UPDATEHello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last analysis (attached on the chart), we were waiting for XRP to approach the 0.42 zone to look for buy setups as it was the intersection of three rejection zones. Now XRP rejected our purple zone and traded higher sitting around the upper red trendline acting as a non-horizontal resistance. 🏹 For the bulls to remain in control, we need a break above the last major high in orange and upper red trendline. Meanwhile, the bears can still kick in for one more correction. In this case, as we approach the green support again, we will be looking for new short-term buy setups. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
16
ETH - Trend-Following Setup Ahead ❗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. ETH has been overall bullish from a long-term perspective trading inside the rising broadening wedge in red. After rejecting the 2000 resistance, ETH has been in a bearish correction trading inside the falling orange channel. 🏹 Here is why the 1700 - 1750 zone marked by purple circle is a strong support: 1- Round number 1700 2- Classic Resistance Zone Turned Support 3- Lower red trendline acting as a non-horizontal support 4- Lower orange trendline acting as oversold zone 5- Demand zone 📈 As per my trading style: As ETH approaches the purple circle 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
by TheSignalyst
19
DIE HARD (BITCOIN) Bitcoin is a decentralized digital currency that was created in 2009 by an anonymous person or group of people using the pseudonym Satoshi Nakamoto. It operates on a technology called blockchain, which is a distributed ledger that records all transactions made with Bitcoin. There are several benefits to using Bitcoin. Firstly, it allows for peer-to-peer transactions without the need for intermediaries like banks. This means that individuals can send and receive payments directly, reducing the reliance on traditional financial institutions. Additionally, Bitcoin transactions are generally faster and can be completed within minutes, especially compared to traditional banking systems that can take several days for international transfers. Another benefit of Bitcoin is its potential for increased financial privacy. While Bitcoin transactions are recorded on the public blockchain, the identities of the parties involved are not directly linked to the transactions. This can provide a level of anonymity, although it is not completely anonymous since transactions can be traced through blockchain analysis. If everyone were to use Bitcoin for transactions and everything became decentralized, it would have both positive and negative implications. On the positive side, a decentralized network would reduce the control and influence of centralized authorities, such as governments and banks, over the financial system. This could potentially lead to greater financial inclusivity, as individuals who are unbanked or underbanked could access financial services through Bitcoin. Moreover, a decentralized network would make transactions more resistant to censorship and control, allowing for greater freedom in conducting financial activities. It would also enable cross-border transactions to be more efficient and cost-effective, as there would be no need for intermediaries or currency conversions. However, there are also challenges and potential drawbacks to consider. One major concern is the scalability of the Bitcoin network. Currently, the Bitcoin blockchain has a limited capacity to process transactions, which has led to issues with network congestion and higher transaction fees during periods of high demand. If everyone were to use Bitcoin, the network would need to scale significantly to accommodate the increased transaction volume. Additionally, the lack of centralized control and regulation in a decentralized network can pose challenges related to security, consumer protection, and legal frameworks. Without a central authority, it becomes more difficult to address issues such as fraud, disputes, or illegal activities conducted using Bitcoin. In summary, Bitcoin is a decentralized digital currency that offers benefits such as peer-to-peer transactions, increased financial privacy, and potential for financial inclusivity. If everyone were to use Bitcoin and the entire financial system became decentralized, it could bring advantages like reduced control by centralized authorities and increased financial freedom. However, challenges related to scalability, security, and regulation would need to be addressed to ensure the stability and viability of such a system.
BITSTAMP:BTCUSDLong
by TrojanBible
BTC - Short-Term Correction!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last BTC analysis, I have mentioned that if we break below the green previous low, we will be expecting a movement till the 25,000 support. 🏹 Here is why the 25,000 zone marked by red circle is a strong support: 1- Round number => 25,000 2- Classic Resistance Zone Turned Support 3- Lower red trendline acting as a non-horizontal support 4- Lower orange trendline acting as a non-horizontal support 5- Demand zone 📈 BTC is now sitting around that green area and since the daily candle hasn't closed below it, the bulls can still kick in for a correction. Yes, we will keep calling every bullish movement a correction as long as we are trading inside the falling orange channel. For the bulls to take over medium-term again, we need a break above the upper orange channel. For now, we are expecting a short=term bullish correction followed by another bearish impulse. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
31
BTC - Critical Zone ❗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last analysis (attached on the chart), we have been waiting for the bulls to approach the green major low to look for buy setups. BTC is now sitting around that green area and since the daily candle hasn't closed below it, we will be looking for buy setups. 🏹 For the bulls to take over, we need a break above the red channel and last minor high in gray. 📈 Meanwhile, until the bulls take over, the bears will remain in control, especially if we break below the green zone. Then a movement till the 25,000 support zone as mentioned on my last week's BTC analysis Which scenario do you think 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! ~Rich
by TheSignalyst
36
EOS the only real A.I application network? Opinion: The EOS blockchain is recognized for its scalability and versatility, making it a suitable platform for future AI integration. It allows AI systems to function more efficiently, with greater transparency. Decentralized AI applications, or DAIs, can be developed on the EOS blockchain. These applications use the blockchain's transparency and immutability to resist manipulation and censorship. They can be used for a variety of purposes, such as improving privacy in AI systems, enabling peer-to-peer AI services, and creating open-source AI models. For example, a company could use the EOS blockchain to develop a DAI system that provides personalized AI services while ensuring users retain control over their data. This could be applied to personalized advertising, with the EOS blockchain ensuring data security and ad generation transparency. The EOS blockchain also allows for the development of autonomous economic agents (AEAs) - AI systems capable of independent economic tasks such as buying and selling, contract negotiation, or asset management. One application could be a decentralized autonomous organization (DAO) on the EOS blockchain that manages digital assets based on predefined rules, with all transactions verifiably recorded. Furthermore, the EOS blockchain can be used to develop AI-powered smart contracts. These self-executing contracts can respond to a wide range of scenarios. An example is a supply chain management contract that uses AI to predict supply and demand trends and adjust strategies accordingly. In addition to this, the EOS blockchain supports various programming languages, including C#. C# is commonly used in AI and machine learning projects due to its robustness and extensive library support. Developers can use machine learning libraries, such as Accord.NET and CNTK, to implement AI functionalities in EOS-based applications. C# also supports parallel and asynchronous programming, which meets the high-performance computational needs of AI applications on the EOS blockchain. By integrating C# with the EOS blockchain, developers can create scalable, efficient, and transparent decentralized AI applications. The EOS blockchain's scalability and versatility, combined with its Delegated Proof-of-Stake (DPoS) consensus algorithm, make it suitable for handling large volumes of data and complex computations associated with AI applications. In summary, the EOS blockchain provides a robust platform for AI applications, from decentralized AI services and autonomous economic agents to AI-powered smart contracts. As AI technology continues to progress, we can expect more AI applications to be developed on the EOS blockchain. Notes on how I personally use my charts/NFA: Each level L1-L3 and TP1-TP3 has a deployment percentage. The idea is to flag these levels so I can buy 11% at L1 , 28% at L2 and if L3 deploy 61% of assigned dry powder. The same in reverse goes for TP. TP1: 61%, TP2:28% and TP3:11%. If chart pivots between TP's, in-between or in Between Sell levels these percentages are still respected. I like to use the trading range to accumulate by using this tactic. Just my personal way of using this. This is not intended or made to constitute any financial advice. This is not intended or made to constitute any financial advice. FED Macro Situation Consideration: All TP's are drawn within the context of a return to FED neutral policy. I do not expect these levels to be reached before tightening is over. NOT INVESTMENT ADVICE I am not a financial advisor. The Content in this TradingView Idea is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained within this idea constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in this or in in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction. All Content on this idea post is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in the idea/post constitutes professional and/or financial advice, nor does any information on the idea/post constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other Content on the idea/post before making any decisions based on such information.
Long
by TheBitcoinGeneration
ETH - Strong Support Ahead 🏹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 🏹 Here is why the 1700 - 1750 zone marked by purple circle is a strong support: 1- Round number 1700 2- Classic Resistance Zone Turned Support 3- Lower red trendline acting as a non-horizontal support 4- Lower orange trendline acting as oversold zone 5- Demand zone 📈 As per my trading style: As ETH approaches the purple circle 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
by TheSignalyst
26
🔗 What is a Blockchain? (simple guide)📍What is blockchain? The blockchain is a distributed ledger that offers transparency decentralization and data integrity. 🔹 Digital Ledger: A Blockchain is a digital ledger which keeps records of all transactions taking place on a peer to peer network. 🔹 Encrypted Information: All information transferred via blockchain is encrypted and every occurrence recorded, meaning once the block is created and added to the chain, it cannot be altered. 🔹 Peer to Peer: Lets you interact or send transactions with a peer, without an intermediary. Removes the middle man. 🔹 Data Sharing: The blockchain can be used for more than the transfer or currency. It can also be used to share contracts, records and any other type of data. 🔹 Decentralization: The blockchain is decentralized, so there isn’t a need for a central, certifying authority. 📍What are the Blockchain Core Components? 🔸 Blocks can be written and read by certain participants and entries are permanent, transparent, and searchable. 🔸 Transactions are recorded in chronological order on a continuously growing database. 🔸 A system of computers, connected via the internet, in which users at any computer can receive or send value to another computer. 🔸 Data is replicated and stored across the system over a peer-to-peer network. 🔸 It facilitates peer-to-peer transfer of value without a central intermediary, e.g. a bank. 🔸 Digital signatures and cryptography are used to secure the transfer. 👤 @AlgoBuddy 📅 Daily Ideas about market update, psychology & indicators ❤️ If you appreciate our work, please like, comment and follow ❤️
Education
by QuantVue
3
BTC - Key Rejection Zone!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. BTC rejected the 30,000 resistance zone and now trading lower for a bearish correction. If BTC breaks below 27,000 previous major low, we will expect a movement till 25,000 zone where we will be looking for long-term trend-following buy setups. 🏹 Here is why the 25,000 zone marked by red circle is a strong support: 1- Round number => 25,000 2- Classic Resistance Zone Turned Support 3- Lower red trendline acting as a non-horizontal support 4- Lower orange trendline acting as a non-horizontal support 5- Demand zone 📈 As per my trading style: As BTC approaches the red circle 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
by TheSignalyst
33
ETH - Long-Term Trend-Following Setup 🏹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. After rejecting the 2000 resistance, ETH has been bearish short-term making lower lows and lower highs on H4. 🏹 Here is why the 1750 zone marked by purple circle is a strong support: 1- Round number => 1750 2- Classic Resistance Zone Turned Support 3- Lower red trendline acting as a non-horizontal support 4- Demand zone 📈 As per my trading style: As ETH approaches the purple circle 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
by TheSignalyst
19