BTCUSDT: Bullish Reversal Signal in progressJust a few moments ago, the price of BTCUSDT exhibited an fast movement down within the 25000-25800 zone, setting the stage for a compelling BUY opportunity (As I said in my previous idea)
What caught my attention is the chart's depiction of a significant shift in price momentum. Take a look at the bottom purple-colored moving average (MA) line—it hits the last candle. This alignment hints at an imminent reversal in the ongoing downtrend, signaling a potentially powerful bullish surge.
However, the real fireworks will commence when the purple line will cross the blue one. This event will serve as the catalyst for a definitive shift in the market sentiment, further solidifying our bullish stance. before that, the price will range near the 25000-25800 zone.
With all these factors falling into place, we have a good scenario to enter a truly bullish period. And in my humble opinion I don't think the price will descend below the 25K mark, as mentioned in my previous idea post. Brace yourselves for the Bulls to seize control and propel us towards the exciting 40K+ territory.
Remember, trading always carries some level of risk, so ensure you implement proper risk management strategies.
Disclaimer: This analysis is solely based on my personal observations and should not be considered as financial advice. Always conduct your thorough analysis and consult with a professional financial advisor before making any investment decisions.
Bullpattern
What does a bull market look like?Sir John Templeton said: “Bull markets are born on pessimism, grown on skepticism, mature on optimism, and die on euphoria.”
Pessimism:
Following the 2008 crisis, the global economy was engulfed in a cloud of pessimism. Investors were gripped by fear and uncertainty as financial institutions crumbled, economies contracted, and unemployment soared. Stock markets experienced significant declines, and investors became cautious, bracing themselves for further turbulence. This initial stage of pessimism laid the foundation for the birth of a new bull market.
Skepticism:
As the dust settled and economies started to stabilize, skepticism took hold. Investors remained cautious, wary of another downturn and skeptical about the sustainability of the recovery. However, as central banks and governments implemented unprecedented monetary and fiscal stimulus measures QE1,2 & 3, confidence began to slowly seep back into the markets. Gradually, investors started to see signs of improvement, albeit with a sense of skepticism.
Optimism:
The bull market gained momentum as skepticism transformed into optimism. Economic indicators started showing signs of recovery, corporate earnings improved, and investor sentiment shifted towards a more positive outlook. This stage witnessed increased buying activity, as investors sought to capitalize on the upward momentum. As the market continued to rally, optimism became the prevailing sentiment, driving prices higher.
Euphoria:
The final stage of a bull market is characterized by euphoria, a state of extreme excitement and irrational exuberance. During this phase, investors become overly optimistic, disregarding potential risks and buying into the market frenzy. This euphoria is often fueled by widespread media coverage and the fear of missing out (FOMO). In this stage, valuations may become detached from underlying fundamentals, leading to excessive speculation and a heightened risk of a market correction.
Conclusion:
Since the last cycle low established during the 2008 crisis, we have witnessed the birth and evolution of a remarkable bull market. From the depths of pessimism and fear, it grew through skepticism and optimism, ultimately reaching a state of euphoria. It is essential for investors to recognize these stages and exercise caution, especially during the euphoric phase when markets may be prone to excessive speculation and unsustainable valuations. While bull markets provide ample opportunities for wealth creation, it is crucial to remain vigilant and focus on long-term investment strategies that align with underlying fundamentals. By understanding the cyclical nature of bull markets, investors can navigate the ever-changing landscape of financial markets with greater confidence and resilience.
Reference of Nasdaq:
E-mini Nasdaq-100 & Opt
Minimum fluctuation
0.25 index points = $5.00
Micro E-mini Nasdaq-100 Index & Opt
Minimum fluctuation
0.25 index points = $0.50
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.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
SOFI Dip and Rip Pattern🔸️Ticker Symbol: SOFI 🔸️Timeframe: 4 Hour 🔸️Investment Strategy: Long
TECHNICAL ANALYSIS: SOFI Stock on 8/24 had a great push to $6.87 and is currently experiencing a slight pullback to approx $6.40. The couple metrics I want to keep an eye on is our linear regression indicator and also our bottom dashboard indicator to make sure that money is continuing to flow into SOFI and that we stay above the bottom deviation level on our bull regression trend. If we can hold support at $6.03 and not break below this stock could potentially see a push to $7.15 in the coming week! Thank you for following!
🔔 Follow for daily stock, crypto and forex technical analysis.
⚠️ Trading is risky, and I understand nothing is guaranteed. Proper risk management should be in place at all times to minimize losses. Please consult a financial advisor before trading. All Inclusive Trading LLC is not a financial advisor and may not be held liable for any losses which may occur.
XRP BULLISH PATTERN! ATH REVISIT?Keep an eye on XRP . The beginning of a trend towards the upper-trendline of the Bullish Pattern can be expected if Bitcoin begins to put on a show! If we break this level, and strongly push through $1.33, a visit of $1.41 is reasonable.
Technical indicators are looking great while a double bottom is formed. If Bitcoin begins to recover strongly, expect XRP to begin trending towards the upper trend line of the bullish pattern.
As low-cap altcoins usually lag in times of Bitcoin regaining market dominance and moving significantly in price, it is wiser to hold one of the Top 10 Altcoins in Market Cap . If Bitcoin breaks $60K and begins trending towards $70K, expect XRP to hav e one of the strongest price correlations to bitcoin.
That is why I believe XRP is worth buyin g in times of great Bitcoin value , where there is a degree of fear, as the sellers have taken over we are technically in the best of times to be looking for accumulation before another turn to the upside begins.
I believe the fear can very quickly turn into surprising Bitcoin strength , leaving those who are indecesivie.
BTCUSD W PATTERN POTENTIAL BREAKOUT AGAIN!! WE LONG OR SHORT?!After out last prediction we did manage to reach a high of around the $60k level of the previous high on March 20th. Struggling to break our long term trendline that can be seen in our previous ideas, and unfortunately falling short of our price target. With seeing around a 5% retracement back to the level of around $57k where there is huge support. today we have created a new W pattern, commonly a bullish biased pattern, which was filling the gap on the CME chart, knowing used by the institution's purchasing Bitcoin. These pull backs within the bull market tend to be a reversion to the mean where there is need of liquidity. We are now at the neck line of the W pattern looking to hold the level of around $58,850, if so we have a potential long position for the breakout of the previous high, with a target price of one that has come up a few times! $61000!! This would be us taking the high/neckline of the W pattern to the low.
Are you still Long or do you think we are coming back down to the $57k level or even further?
Let me know your thoughts in the comments!
FTSE Long bull case and swing trade + breakout in April?After the bear channel was broken, FTSE arose and is in up trend on the chart . I believe FTSE will be testing support in the upcoming week and is bound for breakout as early as in April.
Bulls Are Showing Up on Election DayToday we've seen an impressive case for the bulls on that last day of the Election. This has been a great performance from the bulls as they continued to push price higher and higher with little resistance from the bears until we hit 338, about an hour into market open. Bears gained a little control as bulls rested and look to be preparing another rally, trying to break through the 338 resistance.
I'll update this chart throughout the day as we head into one of the most important elections in our history. AMEX:SPY
USDJPY BULLISH BREAKOUT STRATEGY EXPLAINEDAs we have explained in our previous analysis that Yen is trading in the range but now we can see a wedge pattern which can lead to price breakout in a long trade. The US dollar has gone to and fro during the meeting on Friday against the Japanese yen as we are moving around the multi-day EMA. Besides, the ¥107.50 level has been a magnet for cost. Moreover, one thing that you should focus on is that each time the market rallies we have seen a touch of weariness.
From the earliest starting point of the meeting, it has been exceptionally uneven during the day in the USD/JPY pair. The market essentially considers this to be a to and fro sort of circumstance and in this way it will most likely keep on being somewhat troublesome. All things considered, the monetary standards are both viewed as "wellbeing money", so subsequently a ton of instability can be normal in the present condition.
Besides, the market is by all accounts stuck in somewhat of a range somewhere in the range of ¥108 and ¥107. I don't perceive any motivation behind why this market will break out of this range, so eventually blurring rallies presumably turns out to be ideal. That being stated, it isn't to be anything but difficult to separate beneath the ¥107 level because of the way that we have seen so much purchasing pressure underneath starting late. Taking a gander at the outline, I accept that to and fro gives keep on being the most concerning issue with this market and in this way it is pretty much a momentary exchanging kind of chance that you will more than likely find. In the event that we get some kind of indiscreet candle out of this 100 point run, that could change a great deal of things yet right now there are no genuine indications of that incident. Taking a gander at the to and fro nature of this pair, you are best served by exchanging little odds and ends as opposed to hopping "all in" as the absence of development can tie up exchanging capital for reasons unknown.
IMPORTANT VIDEO --- The Crypto BULL MARKET has started $$$$$$$$Hi guys, I am MartyBoots and i've been trading the markets for 13+ years
Bitcoin has formed a beautiful BULLISH pattern , these opportunities dont happen very often where we have serious potential to move into a bull market . We need to grab these opportunities with both hands .
Do not miss this video because if this pattern plays out then this is bull market moon time .
The price action and the moving averages are setting up beautifully. On top of that the indicators are also setting up .
DO NOT BE LEFT BEHIND WHEN THIS MARKETS EXPLODES TO NEW ALL TIME HIGHS
Bitcoin - Simple Actionable Technical AnalisysThis is a look at what BTC is doing in the 4H (4-hour timeframe) with the benefits of the entry points generated by longer timeframes such as the 3 day and 1 week. As you can see these are very, very dependable trendlines one minor violation of the green trendline and it will be a solid indication that we are going down some more. On the other hand, a violation of the red trendline and that will be an indication that we are testing the ground to see if there are buyers for an up move. We could easily go up to the edge of the red line and if rejected that is also an indication that we could be going down. Those 2 green X's indicate where BTC is likely to go. That is about as low as I am able to see BTC go, after that, I think we are headed north to around 15K. The upper X is at about the 50% FIBO retrace and the lower X is at the 61.8% FIBO retrace of the entire 2019 move and all you need to know is that most alts would have double bottomed at that point, which is why I had you get into NEO and LTC already. There could be a colossal fakeout and you would be left out.
This is the long term chart
THE TREND: Going down.
THE OUTLOOK: Unsafe to buy BTC but safe to enter and buy some alts, BTC will go down some more but it will allow you to get in cheap to good alts.
Be safe and follow me to stay ahead of the curve.