I always keep an eye on LTC ⚙️Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for LTC.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Blockchain
BTC Detailed Top-Down Analysis - Day 127Hello TradingView Family / Fellow Traders. This is Richard Nasr, as known as theSignalyst.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
$LTC/USDT 3D (#Bybit) Descending trendline breakout & retestLitecoin regained 200MA Daily support and seems ready to head back up towards 100EMA.
⚡️⚡️ #LTC/USDT ⚡️⚡️
Exchanges: ByBit USDT, Binance Futures
Signal Type: Regular (Long)
Leverage: Isolated (1X)
Amount: 9.1%
Current Price:
62.63
Entry Zone:
61.18 - 54.30
Take-Profit Targets:
1) 72.98
2) 84.46
3) 95.93
Stop Targets:
1) 44.99
Published By: @Zblaba
Risk/Reward= 1:1.2 | 1:2.1 | 1:3
Expected Profit= +26.39% | +46.28% | +66.14%%
Possible Loss= -22.08%
Fib. Retracement= 0.5 | 0.786 | 1.117
Margin Leverage= 1.7x
Estimated Gain-time= 3-5 months
#LTCUSDT #PoW #MimbleWimble #Blockchain #Dino #Mining
Websites: litecoin.org litecoin-foundation.org
APT - Still Strong 🦾Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Aptos has been overall bullish trading inside the rising broadening wedge in blue.
APT is currently in a correction phase inside the red channel and approaching the lower blue trendline and demand zone in green.
🏹 For the bulls to take over again, and start the next bullish impulse, we need a break above the red channel.
UNLESS, we break below 15.0, then APT will experience a shift in momentum from bullish to bearish.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Bitcoin (BTC/USD) Daily Chart Analysis For Week of Jan 27, 2023Technical Analysis and Outlook:
The coin hoovered under our completed with conformation Outer Coin Rally of $23,300 throughout the week - expect a pullback to the newly created Mean Sup $22,500 and, as a bonus, Mean Sup $21,500. Once this puppy flushes out weak-longs, resumption to retest the Outer Coin Rally of $23,300 and $26,000 is inevitable.
BTC - Fishing Time? 🌊Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on Daily: right chart
BTC is currently sitting in the middle of nowhere! between our 21,000 support and 25,000 resistance.
Sometimes, no action at all, is also an action. 🧘♂️
No Trade, Is Also A Trade!
Especially that the weekend is approaching, is it fishing time?
on H4: left chart
BTC is stuck inside a range again.
🏹 For the bulls to take over, for one more impulse till the 25k resistance zone, we need a break above the red high.
⚔️ For the bears to take over, for a correction till the 21k support zone, we need a break below the orange low.
Which scenario do you think is more likely to happen? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
#btcstarburst Support/Resistance… Follow along.This is a Gann study This is on Ongoing… So far the support and resistance pretty good. I can only do so much… Dca safely. Trade well don’t over leverage it slows down the market (the exchanges have to try and take the money before moving on) Zoom in Zoom out… if we break Ofer the green we could be in the bull market…. Hitting 27-38k wouldn’t mean anything. Wee need to get to 55k to make a handle
BTC Detailed Top-Down Analysis - Day 126Hello TradingView Family / Fellow Traders. This is Richard Nasr, as known as theSignalyst.
126 out of 500 days done.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
When everyone's bullish.Nice weekend.
I am just updating my zoom out daily chart.
There's some edit to be more actual.
Something hide to be clearer.
You can also find RSI image in the right side.
Bitcoins are very overbought from historical perspective.
This alone increases downside risks,
which is high on wave trend, Fibo rings, divergence, averages , indication and patterns.
When the pivot come? That's question to resolve and nobody knows.
5th wave isn't even started.
It will, however it is not up to me.
Always with care and ready,
Emvo.
*This is not any financial advice.
BTC - Breaking Above The Resistance! 🏹Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
🏹 BTC is breaking above the second resistance in a row. If this Daily candle closes above the 22,000 it would confirm a trend continuation to the upside.
⚔️ 22,500 would be the next minor resistance that BTC needs to break to be able to reach the 25,000 resistance.
As mentioned, in my previous analysis, BTC is and would remain bullish as long as it doesn't break below the last major low (in gray) which would be breaking back below the its support zone.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BTC - Make Or Break Zone! 💣Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
BTC rejected the 22,000 resistance zone. Now What?
🏹on DAILY: Left Chart
For the bulls to remain in control, we need a break above the 22,000
⚔️on H4: Right Chart
Meanwhile, if the bears manage to break below the last major low in gray, then we will expect a bearish correction till the blue support and demand zone around 19,000
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BTC vs USDT.D - Who Follows Who? 👀Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
I always keep an eye on USDT.D to feel the overall crypto market.
📚 And today I wanted to show the correlation between BTC and USDT.D
- Last week, BTC broke above the last major high in orange and blue 19k resistance, while USDT.D broke the last major low and 8% support.
- BTC is currently sitting around a strong resistance zone in green 22,000 while USDT.D around a support zone 7%
- For the bulls to remain in control for BTC, we need a break above 22,000, which would be USDT.D breaking below 6.8%
Meanwhile, a rejection would be expected.
And so on... the picture is self-explanatory.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
LTC - Approaching A Strong Rejection! 🛑Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
I always keep an eye on Litecoin to feel the overall crypto market.
LTC has been trading inside the blue flat rising broadening wedge pattern, and we are lately bullish medium-term trading inside the rising red channel.
However, LTC is approaching a strong weekly resistance 95.0-100.0
Moreover, the upper red and blue trendlines act as non-horizontal resistance zones.
So the highlighted green circle is a strong area for a possible bearish reversal as it is the intersection of the weekly resistance zone and upper red/blue trendlines.
As per my trading style:
As LTC approaches the green circle zone, I will be looking for bearish reversal setups (like a double bottom pattern, trendline break , and so on...)
For the bears to take over, to start a bearish correction, we need a break below the last major low on Daily/H4. Meanwhile of course we are bullish we can dive inside the weekly resistance.
For the bulls to take over long-term, we need a weekly break above 100.0
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BTC Detailed Top-Down Analysis - Day 125Hello TradingView Family / Fellow Traders. This is Richard Nasr, as known as theSignalyst.
125 out of 500 days done.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Bitcoin is not offering a buy signal.Bitcoin is far from giving a medium-term buy signal.
The price is below the 210 SMA on the weekly chart, with an RSI of 50.83. On the monthly chart, the RSI is 44.
None of our trend following systems are giving us a buy order.
Of course, we do not know the future, but the most likely scenario is that we remain in a phase 1, sideways trend before entering a phase 2 trend.
Even if we hold BTC for the long term of tokenisation, we are not going to open more positions right now.
Bitcoin (BTC/USD) Daily Chart Analysis For Week of Jan 13, 2023Technical Analysis and Outlook:
Bitcoin surged above $21,000 on Saturday for the first time in two months as the crypto rammed through our Mean Res $17,000, Mean Res $17,800, Mean Res $18,500, and Outer Coin Rally $19,100 throughout the week. The price action signifies a completed Outer Coin Rally of $21,200 (Not shown - 60 min chart) and significant Key Res $21,300 first introduced Bitcoin Daily Chart Analysis For Week of Nov 11. We expect a pullback to the newly created Mean Sup of $18,800. Once this puppy settles down, we will see a resurgence on the upside to retest the Outer Coin Rally of $21,200.
BTC - Potential Long-Term Reversal?🔎Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
🗒 As per my last educational post like 2 months ago, we might be in Pattern 4 => falling correction after a bearish impulse, leading to a bullish reversal.
BTC rejected the lower bound of the green channel and traded higher.
📌 However, for the pattern to get activated, we need a weekly break above the last major high in green, around 22,000
Meanwhile, BTC is sitting around the lower bound of the falling green channel, after completing the big correction inside the rising red channel.
📌 For the bulls to remain in control medium-term , we need a daily close above the 19,000. In this case a movement till the 20,500 FTX crash supply zone would be expected.
Again, for a long-term shift in momentum from bearish to bullish, we need a break above 22,00
📉 Which scenario do you think is more likely to happen? and why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
And remember:
🗒 All Strategies Are Good; If Managed Properly!
~Rich
Is Ethereum going to dethrone the king!?This is the million dollar question.
This has been a topic thrown around from time to time. Will Ethereum pass Bitcoin, Blah Blah blah. This is the first time I feel there is any evidence towards it. Let's take a look, as do believe that this could happen either before the next bull run or during the next bull run.
Ethereum for the time is showing strength against Bitcoin in a bear market. We can clearly see it here in the Market caps of ETH and BTC as there is a clear divergence that has been made. ETH came close before in in 2018 at it's peak of the bull run. Ultimately in the bear market the gap of ETH market cap widened as it corrected much harder.
Even with this divergence the gap percentage in 2018 was smaller than now but ETH has never shown us divergence against bitcoin. ETH along with every other altcoin has shown weakness and has fallen off drastically against BTC in bear markets, so this divergence is strange to say the least.
What will it ultimately lead to? We don't know, but if it keeps up, it will eventually dethrone the king. It could just be signs of an alt-season that could be brewing. we don't know, time will tell us.
One thing is for sure, there have been a few first times in the last two years and this is just another for the list. The crypto market is changing and growing while showing some different dynamics in my opinion.
The indicator below shows ETH Volatility. The thing of importance is that the volatility has kept going up while the market cap of ETH has reversed course and has begun rising and showing strength while bitcoin's market cap fell more.
Another thing to note is that this divergence started before the FTX collapse but even after it amongst all the fear ETH has stayed the course and it actually confirmed this trend and strength because of it.
I have gone long with the chart as I do believe this trend will continue at least for the short to medium term.
Please let me know your opinion down below. Let's see what people are thinking on this subject.
Kind Regards
WeAreSat0shi
Stay Blessed!
$XMR/USDT 2D (#Bybit) Symmetrical triangle breakdown and retestMonero has pulled back to 100EMA resistance where a rejection would make sense.
⚡️⚡️ #XMR/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (3.0X)
Amount: 5.9%
Current Price:
149.70
Entry Zone:
149.65 - 157.95
Take-Profit Targets:
1) 133.15
2) 117.65
3) 102.10
Stop Targets:
1) 171.05
Published By: @Zblaba
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +40.28% | +70.51% | +100.85%
Possible Loss= -33.65%
Fib. Retracement= 0.441 | 0.618 | 0.883
Margin Leverage= 3x
Estimated Gain-time= 1-2 months
Tags: #XMRUSDT #PoW #Mining #Privacy #Blockchain #Bytecoin #Hardfork
Website: getmonero.org
Contracts:
#Mainnet
#Secret