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BITCOIN: HISTORICAL AND LOGARITHMIC CHART!This chart is based on historical data and is logarithmic. I believe that the correct fit is a square root function in the logarithmic chart, meaning that the growth is slowing down on long timescales. BTC cannot continue to grow exponentially; this would lead to insane prices of many millions in 2025. While I am a long-term Bitcoin bull, one has to remain realistic. The cause of these growth cycles is the halvings, which lead to a supply shock followed by a subsequent rally—every time. These are all guesstimates, of course, but I think this chart is realistic. The long-term goal for BTC in 2025 is around 150K to 180K USD, in my opinion. It won't go much higher afterward and can be seen as the final asymptotic price. Important Things to Note - During the 2016 bull run, after breaking its previous ATH, BTC had a 303-day bull run and reached a new ATH of $19,666. - During the 2020 bull run, after breaking its previous ATH, BTC had a 337-day bull run and reached a new ATH of $69,000. - In the 2024 bull run, BTC broke its previous ATH in just 500 days, which was not expected. The current situation is that BTC broke out of its previous ATH and is currently retesting it. Based on historical data, we can expect a bull run lasting between 303 and 337 days. I hope this chart helps people understand the long-term growth dynamics of BTC. This idea is presented in a probabilistic manner.
BITSTAMP:BTCUSDLong
by CRYPTOMOJO_TA
18
XAUUSD Trading plan for the week of May 4, 2024Looking at chart D, we see that with the current price level, the candle has not yet closed above 2430, so we will have 2 plans for next week. Last week we saw Information that the Fed still has no plans to cut interest rates and even extends the expected time to reduce interest rates is continuously given by Fed officials. This creates concern that the USD will not weaken, so in the weekend sessions, gold price had a strong adjustment from 2450 to 2332 in the last 2 sessions of the week. This week we pay attention to two important news: Prelim GDP q/q, Unemployment Claims and Core PCE Price Index m/m With the forecast decrease in GDP and increase in Unemployment Claims, it is showing the consequences of the tightening economy. Besides, the news of Core PCE Price Index m/m decreasing is a very good sign to help the Fed have monetary plans. currency to run a stable economic development. But we still have to wait for the actual data to be released and it will affect the trend this week. Looking at chart D, we see that with the current price level, the candle has not yet closed above 2430, so we will have 2 plans for next week. First plan - According to the Elliot principle, wave 4 has completed and now the gold price is in wave 5 and this wave 5 is confirmed when the candle closes above 2430. - Wave 5 will include 5 small waves i ii iii iv v - Currently, the price correction last weekend has completed wave i and is preparing to complete wave ii to start wave iii - Looking at the Weekly frame momentum indicator, this indicator has reversed in the oversold area combined with the daily frame momentum as shown on the chart, we see that the momentum has approached the oversold area, signaling that the downward price momentum has weakened. So our trading plan for next week is to go to the H1 area to find candlestick reversal signals to Buy at this price range of 2334. Second backup plan - If the price continues to decline and breaks out through the 2278 area, we will use this backup plan - At that time, the price continues to complete wave c in the corrective wave abc - We have measured the target of ending wave C at area 2211 - Then our trading plan waits for the price to reach this target area and then we enter H1 to look for reversal signals at the 2211 price range to buy up. Note: Sufficient TP, SL to be safe and win the market‼ ️Change data plan will be updated later. Deekop's analysis is only a personal opinion with a desire to share its views with the community. I'm not always right. But my analysis always reflects my meticulous evaluation of what is best for an investment.
OANDA:XAUUSDLong
by DEEKOP
2
Analyzing the TON/USDT pair using the Wyckoff Accumulation modelAnalyzing the TON/USDT pair using the Wyckoff Accumulation model in the 4-hour chart for the past month reveals several interesting insights:Accumulation Phase: From August 1 to August 10, TON experienced a period of accumulation, where the price slowly rose, indicating a potential buildup of buying interest.Breakout Phase: On August 10, there was a significant spike in price, suggesting a breakout from the accumulation phase. This could be an indication of increased buying pressure, potentially leading to a bullish trend.Consolidation Phase: Following the breakout, TON entered a consolidation phase, where the price fluctuated between August 10 and August 15. This phase often precedes the next major price movement.Distribution Phase: From August 15 to August 22, TON entered a distribution phase, characterized by a gradual decrease in price. This may indicate a shift in market sentiment from buying to selling.Breakdown Phase: On August 22, there was a sudden drop in price, suggesting a breakdown from the distribution phase. This could signal a potential reversal in the trend, moving towards a bearish phase.It's important to note that the Wyckoff Accumulation model is just one approach to technical analysis, and it should be used in conjunction with other indicators and analysis methods to make informed trading decisions.
Short
by spitraberg
CHART PATTERN XAUUSD ANALYSIS (read caption)Gold is trading at 2296, with a notable resistance level observed at 2300. Should gold breach this resistance, traders may consider pursuing the following targets: 2310 to 2318. Alternatively, should a sell pattern manifest, indicating a potential downturn, traders may anticipate the following support levels: The initial support rests at 2275, followed by potential targets at 2265 to 2255. This analysis suggests potential trading opportunities based on current market dynamics and key price levels. Traders are advised to monitor these levels closely and adjust their strategies accordingly.
OANDA:XAUUSD
by Mr_Gushy
6
🧑‍🎓 XAU/USD ANALYSE 📈 I UPDATED MORE READ THE CAPTION?By world 🌍 Forex’ Traders Hello 👋 traders "Gold Market Analysis 💡 4H Time Frame Chart 📊 _Bearish Signal 🚨_ We're seeing a potential short opportunity in the gold market, with a current price of $2378. Our target is $2287, which is a key support level. A breakdown below this level could lead to a significant price drop 💸. _Analysis 🤔_ The 4H time frame chart shows a bearish trend, with a series of lower highs and lower lows. The Relative Strength Index (RSI) is also indicating a bearish signal, with a reading of . The Moving Averages are aligned, providing additional confirmation for a short position 📈. _Trade Strategy 💰_ Sell: $2378 (short) Target: $2287 (next support level) Stop Loss: $2420 (bearish warning) ⚠️ Note: This analysis is based on a 4H time frame chart and is subject to market changes and fluctuations. Always use proper risk management techniques and consult with a financial advisor if necessary. Follow me for more market insights and analysis! #goldmarket #forex #tradingview 💼"
FXOPEN:XAUUSDShort
by SMC-Trading-Point
GOLD 3 H TIME FRAM Full ? UPDATE READ THE CAPTION)⤵⤵🙏Hy traders Gold pair price All time high Bullish I want to agent Gold Bull 🐂 Gold pair price test New Ath 2340 NFP Gold pair price test 2280 agent Gold pullback bullish patterns testing 2329. T echnical analysis update 3H time frame. Analysis update 3H time frame update above avrege levels all target done ✅💯 2174 Berak above average 2188 + 2208 DONE ✅ 2204 Break above avrege 2230+2250 DONE ✅ 2250 Break above avrege 2263 +2290 DONE ✅ 2290 Break above avrege 2300 + 2324 DONE ✅ All above avrege levels successful 😄 closing trade have you good weekend 🎉
FXOPEN:XAUUSDLong
by SMC-Trading-Point
We are fulfilling the bullish "Megaphone Pattern"! $85,000 soon?We have been building a bullish megaphone formation for over 3 years now and looking at the 1T timeline, we are getting closer to breaking it. What is Megaphone Pattern This formation consists of 5 swings, i.e. at least two higher highs and two lower lows. It is relatively rare compared to other triangles or flags. Typically, this pattern is visible when the market is at a top or bottom. The longer the time frame, the better, the pattern will work, also considering that it is on a weekly chart and currently lasts about 1190 days, increases its probability. Currently, the most important resistance that we need to stay above is the previous peak of the bull market, i.e. $69,275. If we break this level and stay above it, the next stop should be around $86,000-$90,000, depending on how quickly we get there. The faster you go, the lower this level will be. After the breakout, we should retest the upper wall of the formation, which would confirm another upward swing around $100,000. I would like to emphasize that this is only a formation from technical analysis, which is not 100% effective like any other and there is no guarantee of breaking the upper wall of the formation. Although looking fundamentally in the coming weeks in which we are now (cyclicality, inflows from ETFs, we are after halving, soon ETF on ETH and presidential elections in the USA), I think that the probability of coming out on top is certainly higher than lower 📈 Have a nice day 😉
by cryptodailyuk
April 22, Weekly Outlook: Navigating DXY and GBPUSD this WeekIn this video, I'll deliver a thorough analysis of the DXY and GBPUSD, providing insights into what to expect throughout this week's trading. We'll delve into the seasonal changes dictated by the quarters of the year, particularly significant as we transition into a new quarter. It's crucial to adjust your trading approach and expectations accordingly. Currently, we're witnessing a sell program with anticipated heavy volatility to the downside. Stay tuned for this week's updates. Kind Regards, The_Architect
by The_Archi-tect
VEDANTA cmp 257, target of 300 ++ in 10-15 trading sessionsVedanta Ltd is a diversified natural resource group engaged in exploring, extracting and processing minerals and oil & gas. The group engages in the exploration, production and sale of zinc, lead, silver, copper, aluminium, iron ore and oil & gas. It has presence across India, South Africa, Namibia, Ireland, Liberia & UAE. Its other businesses includes commercial power generation, steel manufacturing & port operations in India and manufacturing of glass substrate in South Korea and Taiwan. Vedanta is the market leader in production of Nickel in India. Below are the revenue-mix details of various businesses: 1. Zinc, Lead & Silver (25% of revenues) It runs its Indian Zinc operations through its subsidiary, Hindustan Zinc Ltd (HZL) in which it owns ~65% stake. HZL is the largest primary zinc producer in India, with an expected 80% market share in 2022.One of the most notable achievements has been the successful commissioning of a 3000 KLD Zero Liquid discharge (RO-ZLD) plant at the Zinc Smelter Debari 2. Oil & Gas (9% of revenues) The Co. is India’s largest private sector crude oil producer. It accounts for ~25% of the total crude oil production of India. 3. Aluminium Business (39% of revenues) Vedanta has the largest aluminium installed capacity in India at 2.3 mtpa. It has a 47% market share in India among primary aluminium producers. Mines - Via BALCO, the company has 2 bauxite mines with capacity of ~2 MnTPA of bauxite and a coal mine to capacity of 1 MnTPA. 4. Power Segment (4% of revenues) Its flagship power project Talwandi Sabo Power Ltd (TSPL) is located in Punjab. The company has 25 years of long-term power purchase agreement with Punjab State Electricity board 5. Iron Ore Segment (5% of revenues) Vedanta is one of the largest merchant iron-ore miners in India. 6. Copper Business (12% of revenues) This includes refinery and rod plant Silvassa consisting of a 133,000 MT of blister/secondary material processing plant, a 216,000 tpa copper refinery plant and a copper rod mill with an installed capacity of 258,000 tpa. Its international copper operations include a copper mine in Tasmania, Australia which remains under care and maintenance. It is evaluating various operations to restart mining operations. 7. Other Businesses (6% of revenues) The Co. is also engaged in the business of steel manufacturing and port operations in India and manufacturing of glass substrate in South Korea and Taiwan. Upcoming Growth & Projects: Vedanta has a strong pipeline of growth projects and is incorporating future enabling businesses in its portfolio. In the Oil & Gas segment, the Co. intends to undertake new growth capex projects worth $687mn. In the Aluminium segment, it intends to incur a $1.4 bn growth capex over 2 years. This includes aluminium capacity expansion to 3 MTPA by Q3 FY24, Alumina capacity expansion to 6 MTPA by FY24 & 100% operationalization of 3 coal mines in a phased manner by Q3 FY24. The company is focused on community development and achieving a greener business model. Vedanta achieved a 5-point improvement in the S&P Global Corporate Sustainability Assessment Index. Current Performance and News: Vedanta reported strong financial results for Q2 FY '24, with highest ever second quarter consolidated revenue, EBITDA, and PAT. Operational performance was strong across all businesses, with healthy production and cost control. The aluminium sector delivered one of its best quarters in terms of production and operational efficiency. Hindustan Zinc remained in the first decile of the cost curve globally, with further cost reductions. The oil and gas business delivered stable production and reduced operating expenses through optimization. The iron ore business saw higher sales and margin expansion. The company received a favourable arbitration award in its oil and gas business, resulting in a positive impact on revenue and EBITDA. The INR4,600 crores gained from the arbitration award will be realized in cash over the next few quarters. Vedanta Limited has upcoming debt maturities of around $1 billion in the next two quarters, but the company feels comfortable in managing refinancing or repayment. Vedanta Limited's Board has approved the proposal to demerge the business into six independent listed entities. Key Ratios: Market Cap - ₹ 95,606 Cr ROCE - 21.2 % ROE - 20.4 % Dividend Yield - 39.2 % Debt to equity - 2.38 Stock P/E - 19.3 Industry PE - 17.5 Conclusion: Technically, the strong price pattern at the bottom and then there is a trendline and price pattern breakout with huge volumes and there is change in price structure from lower highs lower lows to higher highs and higher lows. This itself gives strong conviction to buy at current levels and add more on dips if it comes. Vedanta is the market leader in the commodities segment and looking at the current market scenarios where metal, oil & gas and power sector are doing well due to various macro-environment factors and the company's improvement in profit and profit margins, various growth prospects, debt repayment being taken cared of and demerger benefits, the stock at current market price of 257 is a strong value buy for a minimum target of 300 in 10-15 trading sessions, which gives return of 16% in just 2 weeks .
NSE:VEDLLong
by PrashantDahale
1
GOLD 3 H TIME FRAM Full ? UPDATE READ THE CAPTION)Hello traders what do you think about Gold) Gold pair price All time high Bullish Gold pair price 3H time frame break level of 2270 test 2280+ I think 💭 Gold pair price 2280+ 2290 of break out Next Movie possible 2300+ 2324 Gold pair price technical analysis update 3H Chart Technical analysis update berak above avrege levels📉📈📊👍 ✅ 2124 berak above avrege 2188+ 2208 Done ✅ 2208 berak above avrege 2230+ 2250 Done ✅ 2250 berak above avrege 2263+2280 Done 2290 break above avrege 2300+ 2324 / looking a new Ath ^ Gold Buy. 2270 TP 2280 TP ^. 2290 SL @ 2265 G old sell 2300 TP ^ 2290 TP ^ 2280 SL @ 2305 Follow risk management Don't forget like this analysis
FXOPEN:XAUUSD
by SMC-Trading-Point
EUR USD 3 H TIME FRAM Full ? UPDATE READ THE CAPTION)Hello traders what do you think about EUR USD) EUR USD Technical Analysis 3H time frame update Eurusd break level of big support levels 1.07237 pullback bullish patterns updates 3H time frame break level more above avrege levels Technical analysis update 3H time frame update above avrege levels 📉📈📊 1.7699 Break above avrege 1.08097 Done ✅ 1.08111 Berak above avrege 1.08559 looking now 1.08567 Berak above avrege 1.9330 looking now EUR USD Buy 1.7667 TP ^ 1.08056 TP ^. 1.08567 SL @. 1.07237 Follow risk management Don't forget like this analysis
Long
by SMC-Trading-Point
1
📈UNI Spot Buying Entry Analysis🛒🔍Today, let's analyze UniSwap (UNI) focusing on the daily timeframe for spot trading, aiming to identify optimal entry points for buying. 📈After a sharp upward movement towards resistance at $15.402, UNI initiated a correction, extending to the 0.5 Fibonacci level, where price reacted twice. ✨A closer examination reveals a descending triangle formation approaching its apex. Upon breaking the triangle's support line, a short position opportunity may arise. However, caution is warranted as breaking the support enters the golden Fibonacci ratio zone, likely prompting significant reactions. 🛒For spot buying, patience is key, waiting for the trend to break and confirm above $12.964, which would serve as a consolidation trigger for a logical spot purchase. 🐢For those seeking more certainty, waiting for price confirmation above $15.402 before entering a buy position is advisable. A concern arises from declining volume, indicating diminishing interest in UNI. Healthy volume is crucial for sustained price movement, whether upward or downward. ✅As for targets, considering the area around $22.718 could be prudent. Upon reaching this level, decisions regarding profit-taking or holding can be made based on price reaction. 📝Overall, UNI presents potential entry opportunities for spot buying, contingent upon price confirmations and volume considerations. Vigilance and strategic decision-making are essential in navigating UNI's current chart dynamics. 🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2
Long
by itsparham96
1
Next Gold Target 2090 or 2350? Check Analysis📣Hello Mates! We have seen that gold is continuously bullish and its momentum is not going down, so now we think that gold has gone as high as it was supposed to go, maybe it can go up a little more to 2280 or 2300. May then continue to go down and meet our targets of 2150 and 2090. 🔑 Remember, money management is crucial. Before employing our analysis, please conduct your own research and refrain from investing more than 2% of your portfolio. 📈 Our resistance levels are spotted at: - 2266.00 📉 And our support levels are set at: - 2150.00 - 2090.00 Stay tuned for further updates and trade smartly! 📊
OANDA:XAUUSDShort
by BigtimeFx
1