Hello TradingView Family / Fellow Traders. This is Richard Nasr, as known as theSignalyst. 83 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...
Hey guys, BTC is currently descending, and a decision will be made here shortly, that can lead to a huge correction down. => We will look at specific areas for the correction, where one could buy lower. We're also gonna talk about the major macro picture with the stock market, since crypto highly correlates with it. Have fun watching! ;)
If you love the spot-on analysis done so far, please boost, share and comment. Analysis: BTC appears to be temporarily oversold at the moment because of VWAP crossing down multiple fib levels and the purple moving average is inside the center channel of the fib charts. Furthermore, 3 candle confirmation above 3 min chart moving average was confirmed as...
Hello TradingView Family / Fellow Traders. This is Richard Nasr, as known as theSignalyst. 82 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...
Well, if you ever wanted to watch a live fight of importance between the Bulls and Bears you've got it happening right now. We really need to see what direction we are going. This is not just your typical daily round of non-sense battles. These are IMPORTANT levels to watch, and important levels being breached. We have made a new 52 week low in the SPX and we are...
We often hear about the dream of Bitcoin decoupling from the major markets and how that will look and when that will happen. I think it is a great topic to pay attention to and take note of. You want to try and use ANY and EVERY tool you can to be a better trader and or look for any opportunities to seek out a correlation missed by others and use it to your...
Hello Kings. So we are back in to chop-land and funding rates ping-pong. Effectively, I m not bullish WHILE we don't reclaim above 19.4-19.9 range and ideally funding rates weighted by open interested also turn negative OR we revisit that lower range. While that doesn't happen I am waiting to see the test of 17.5-18k range since the orderbooks show strong...
Hello TradingView Family / Fellow Traders. This is Richard Nasr, as known as theSignalyst. 81 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...
As stated in prior updates this morning i expected to see the range at $19.5k taken by the bears and then for them to follow up with a line in the sand at $19.4k for the next TEMP. line of R. This has taken place and the bears co0ntinue to remain in control and i foresee them continuing to walk the Bulls down level by level. The next level they are taking is the...
Hello everyone, I hope you are ready because something is finally moving. Keep and eye on your alts, btc and ustd dominance because a new bull run will soon be here. Have a good trading week!
This might not age well, its early and markets are on the move. However, i thought it might be worth noting to others thinking it's a BUY the dip only moment to kill it. I would just like to mention a few reasons to exercise CAUTION. It seems that the global drama continues, and the war is escalating this morning in Ukraine and with Russia. This WILL have...
Here's your weekly update ! Brought to you each weekend with years of track-record history.. Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
Hello TradingView Family / Fellow Traders. This is Richard Nasr, as known as theSignalyst. 80 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...
I would like to express my concerns with the idea of many who are looking to ape into the Bitcoin diagonal breakout should it occur. If you zoom out a bit, you'll find that the diagonal channel can often be far less important than the horizontal and well-defined lines for R and S (resistance & support). Diagonal trend lines are extremely important and useful and...
Bitcoin is stuck in a very tight range and the tops only continue to get lower. Be cautious with the markets as a whole and realize that Bitcoin and crypto have not yet decoupled from the broader markets especially the general idea of them chasing the SPX, Nasdaq etc. I think we could get a relief rally as we open this week after closing out last week oversold....
Everything in the video I also talk a bit about market psychology and why it's problematic to think the "news" is the cause of price movement.
Hello TradingView Family / Fellow Traders. This is Richard Nasr, as known as theSignalyst. 79 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...
Looks like we might be able to hold the line in the markets at this last weeks test of the lows, i.e. about 3700 on the spx and in that $19.5k range of the Bitcoin. Ethereum looks to be holding the range at $1325. We wont really have direction until the markets fully open and we see what the big boys and major algorithm trading bots do with the bigger cash flows....