Daily Checklist Before The Market Opens | Jul-7 2022Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍
Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace.
Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions and temptations 😉
This selfish moment may also serve you well 😁 as my findings may guide you into understanding the markets better, or may simply act as a second opinion after you have performed your own analysis 👏
The rationale of my analysis is detailed on the chart itself so you don't need to look up and down.
Below you will simply find the results of my process applied to other four relevant markets I always check before I trade.
Trade well!
OIL: NYMEX:CL1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 5 out of 5.78
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 116.58-110.43
🛸Buy UFOs: 80.47-77.83
3️⃣Options IV: 54.67%
🚀Daily Expected Move: ±3.43
🚀Weekly Expected Move: ±7.53
🚀Monthly Expected Move: ±15.67
GOLD: COMEX:GC1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 12 out of 5.69
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 1834.9-1783.4
🛸Buy UFOs: 1652.8-1624.4
3️⃣Options IV: 21.91%
🚀Daily Expected Move: ±24.04
🚀Weekly Expected Move: ±52.92
🚀Monthly Expected Move: ±110.17
DOLLAR: ICEUS:DX1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: YES
🎯Stats: 7 out of 4.94
2️⃣Buy and Sell UFOs
🛸Sell UFOs: -
🛸Buy UFOs: 105.440-104.405
3️⃣Options IV: 11.84%
🚀Daily Expected Move: ±0.80
🚀Weekly Expected Move: ±1.75
🚀Monthly Expected Move: ±3.64
BITCOIN: ICEUS:BTM1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: NO
🎯Stats: 1 out of -
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 22917.5-20120.0
🛸Buy UFOs: 19922.5-19122.5
3️⃣Options IV: 81.56%
🚀Daily Expected Move: ±1048.24
🚀Weekly Expected Move: ±2307.59
🚀Monthly Expected Move: ±4803.63
I believe now you know why UFO and 3D are part of my name…
Feel free to private-message me and share more about your trading style if you are too attracted by those UFOs 💪
*This daily post is not intended to be used as financial advice
Cycle
Daily Checklist Before The Market Opens | Jul-6 2022Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍
Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace.
Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions and temptations 😉
This selfish moment may also serve you well 😁 as my findings may guide you into understanding the markets better, or may simply act as a second opinion after you have performed your own analysis 👏
The rationale of my analysis is detailed on the chart itself so you don't need to look up and down.
Below you will simply find the results of my process applied to other four relevant markets I always check before I trade.
Trade well!
OIL: NYMEX:CL1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 4 out of 5.78
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 116.58-110.43
🛸Buy UFOs: 80.47-77.83
3️⃣Options IV: 52.61%
🚀Daily Expected Move: ±3.30
🚀Weekly Expected Move: ±7.28
🚀Monthly Expected Move: ±15.14
GOLD: COMEX:GC1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 11 out of 5.69
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 1834.9-1783.4
🛸Buy UFOs: 1652.8-1624.4
3️⃣Options IV: 21.33%
🚀Daily Expected Move: ±23.65
🚀Weekly Expected Move: ±52.07
🚀Monthly Expected Move: ±108.39
DOLLAR: ICEUS:DX1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: YES
🎯Stats: 6 out of 4.93
2️⃣Buy and Sell UFOs
🛸Sell UFOs: -
🛸Buy UFOs: 105.440-104.405
3️⃣Options IV: 11.51%
🚀Daily Expected Move: ±0.77
🚀Weekly Expected Move: ±1.70
🚀Monthly Expected Move: ±3.54
BITCOIN: ICEUS:BTM1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 19 out of -
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 22917.5-20120.0
🛸Buy UFOs: 14347.5-13027.5
3️⃣Options IV: 91.56%
🚀Daily Expected Move: ±1166.38
🚀Weekly Expected Move: ±2567.67
🚀Monthly Expected Move: ±5345.03
I believe now you know why UFO and 3D are part of my name…
Feel free to private-message me and share more about your trading style if you are too attracted by those UFOs 💪
*This daily post is not intended to be used as financial advice
BTCUSD BTCUSDT Pop Alert by 8pm tonight!Based on my cycle theory there is a strong chance BTCUSD pops at or by 8pm tonight. This is on a pretty large chart so there should def be an attempt to the upside. Based on the fact it already tested the cloud and failed. This would be the second opportunity for it to go.
by iCantw84it
07/04/2022
BTC Macros, Cycle base supportEvery cycle has its moments of exess greed, and every cycle has its moments of exess panic. However we always follow the logarithmic uptrend, with its backbone being the trend pre mega pump.
In the last cycle the bottom did not take too long post breaking of this "backbone", and usualy a single sharp break followed by minor testing of the lower ranges was the result. As the covid crash on 2021 can be concidered an abnormal event, we can therefore minimise its effects, while still concidering that it would cause abnormal behaviour (Such as a faster false peek, followed by a retest of said peek later)
Additionaly with the shift in BTC overall behaviour we can expect shorter bear markets, as the overall market increases in size, the drops will become shorter and less extreeme, as well as shorter in duration.
Fundamentaly BTC faces the issue of speculation, which draws away from its purpose as a store of value. This behaviour will soon be more evident, now that once again speculators are washed out of the market, and large players are loading up for future gains.
BITCOIN - History Repeats Itself!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
The picture is self-explanatory.
We are overall bearish from a long-term perspective trading inside the big dashed channel in black.
Inside the black channel, we had the first impulse in red, then a correction in blue, and we are currently inside the second impulse movement (red channel).
Inside the impulse movement in red, we can see three phases, which we can compare to the first red channel.
We had our two impulse movements downward and two consolidations in gray. we are currently in the third gray consolidation.
If History Repeats Itself, we still need a break below the third gray consolidation downward, to find support around the 10k-12k weekly demand for the next blue correction to start.
The bulls would invalidate this scenario if we break above the upper red trendline, in this case we would have a premature / early correction.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Bitcoin long term analysis - (2012-2022)If the older chart patterns serve as an indicator to predict future movements, we can conclude that the price is not far from establishing a bottom and reaching the accumulation zone, where it previously spent months lateralizing until reaching the halving and starting a new cycle. Look
Blue vertical line - Halving's
Green area - Bull Market
Red area - Bear Market
Blue area - Accumulation zone
Yellow arrow - time period to ATH
Yellow dashed line - ATH
BITSTAMP:BTCUSD
Well 22K didnt hold So if we break down new bearish target 12KSince we are dropping so quickly to 20K so early in the bear cycle, My new thoughts for a likely target is 12K
Reasons are:
Global markets are in a abnormal bear cycle due to many global issue's.
To keep inflation under control the governments across the world are raising interest rates & we have a very nervous global market.
Issue's arising with China & current Russian aggression has created a energy shortage adding to inflation & scaring the market investors away.
Unemployment across many countries is very low ATM however with recession taking hold this may see many business & jobs fold.
So my conclusion is that if the market keeps failing from this post we are going to see the crypto market follow.
I feel this is almost a certinty to happen.
BTC next halving is around early to mid 2024 so that leaves plenty of time to grind lower & I really cant see any logical reasons why BTC will go bullish until then.
Advice for any one reading this is to trade carefully & save those dollars for the next BTC halving bull run.
Continuation Phase - BTCWe are in the Continuation phase, the price of BTC will see a moment of awareness after a decline that lasted several months; its composition is therefore completely healthy.
The drawing tries to explain a completely natural movement in the price trend by bouncing on the "middle zone" between the two approximate bands.
Remain skeptical.
Prediction of timing & dive to bear season floorJust published it for a record to see how I go with my prediction.
Next BTC halving around may 2024 so bull run should have showed signs of pampu.
We need time to hit the bear cycle floor.
IMO we should see a floor by November 2022.
My prediction is around 22k floor price but thats not factoring any black events that could happen.
We normally crab for 6 months before we start the ascend to heaven.
By Christmas 2024 or early 2025 we all be happy investors ready to sell perhaps.
Where and when is the BTC bottom?Past performance is not always indicative of future results but I don't have a crystal ball so I will use the data available to me in order to predict a timing and area of the BTC bottom for the current cycle.
On average there is typically 1,380 days between halving cycles.
The beginning of the halving cycle to the price bottom of that cycle, takes approx. 830 days on average, or about 60% into the cycle.
Cycle bottoms occur on average, 389 days after the cycle top.
The average drawdown for the past 2 cycles has been 87% and 84%, respectively.
That gives us these potential bottoming areas:
1) 80% = 13,850
2) 82% = 12,300
3) 84% = 11,000
4) 86% = 9,700
Based on this data I can reasonably infer that BTC is likely to bottom somewhere between 13,000 and 10,000, and between the months of September and November of 2022.
* The above information is not intended as investment advice and should not be taken as such. These are my own opinions and TA. As always, please do your own due diligence before making investment decisions.
Daily Checklist Before The Market Opens | Jun-9 2022Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍
Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace.
Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions and temptations 😉
This selfish moment may also serve you well 😁 as my findings may guide you into understanding the markets better, or may simply act as a second opinion after you have performed your own analysis 👏
The rationale of my analysis is detailed on the chart itself so you don't need to look up and down.
Below you will simply find the results of my process applied to other four relevant markets I always check before I trade.
Trade well!
OIL: NYMEX:CL1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: YES
🎯Stats: 14 out of 6.73
2️⃣Buy and Sell UFOs
🛸Sell UFOs: -
🛸Buy UFOs: 120.36-117.14
3️⃣Options IV: 44.37%
🚀Daily Expected Move: ±3.40
🚀Weekly Expected Move: ±7.49
🚀Monthly Expected Move: ±15.59
GOLD: COMEX:GC1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: NO
🎯Stats: 2 out of 6.11
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 2003.0-1962.7
🛸Buy UFOs: 1834.8-1785.0
3️⃣Options IV: 16.04%
🚀Daily Expected Move: ±18.72
🚀Weekly Expected Move: ±41.20
🚀Monthly Expected Move: ±85.77
DOLLAR: ICEUS:DX1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: YES
🎯Stats: 4 out of 4.92
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 103.295-102.805
🛸Buy UFOs: 100.675-99.810
3️⃣Options IV: 8.50%
🚀Daily Expected Move: ±0.55
🚀Weekly Expected Move: ±1.21
🚀Monthly Expected Move: ±2.51
BITCOIN: ICEUS:BTM1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 1 out of -
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 31732.5-29432.5
🛸Buy UFOs: 23737.5-22910.0
3️⃣Options IV: 72.64%
🚀Daily Expected Move: ±1398.28
🚀Weekly Expected Move: ±3078.17
🚀Monthly Expected Move: ±640.7.71
I believe now you know why UFO and 3D are part of my name…
Feel free to private-message me and share more about your trading style if you are too attracted by those UFOs 💪
*This daily post is not intended to be used as financial advice
BTC Cycle Bottom?BTC has historically dropped 82% from cycle highs to cycle lows. This cycle was a bit different in that we had a double top sort of pattern, instead of the typical blow-off top. We did not reach the top of the historic parabolic channel, which would of put us at roughly 100k. An 82% drop from 100k would bring us down to around 18k. What if we break 20k and bottom around 18k, perhaps a bit lower? I think the bears would then be calling for 12k. BearTrapSet?
Daily Checklist Before The Market Opens | Jun-8 2022Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍
Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace.
Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions and temptations 😉
This selfish moment may also serve you well 😁 as my findings may guide you into understanding the markets better, or may simply act as a second opinion after you have performed your own analysis 👏
The rationale of my analysis is detailed on the chart itself so you don't need to look up and down.
Below you will simply find the results of my process applied to other four relevant markets I always check before I trade.
Trade well!
OIL: NYMEX:CL1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: YES
🎯Stats: 13 out of 6.74
2️⃣Buy and Sell UFOs
🛸Sell UFOs: -
🛸Buy UFOs: 111.96-103.24
3️⃣Options IV: 45.88%
🚀Daily Expected Move: ±3.50
🚀Weekly Expected Move: ±7.70
🚀Monthly Expected Move: ±16.03
GOLD: COMEX:GC1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: NO
🎯Stats: 1 out of 6.11
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 2003.0-1962.7
🛸Buy UFOs: 1834.8-1785.0
3️⃣Options IV: 16.64%
🚀Daily Expected Move: ±19.42
🚀Weekly Expected Move: ±42.75
🚀Monthly Expected Move: ±88.99
DOLLAR: ICEUS:DX1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: YES
🎯Stats: 3 out of 4.92
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 103.295-102.805
🛸Buy UFOs: 100.675-99.810
3️⃣Options IV: 8.67%
🚀Daily Expected Move: ±0.56
🚀Weekly Expected Move: ±1.23
🚀Monthly Expected Move: ±2.57
BITCOIN: ICEUS:BTM1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: NO
🎯Stats: 2 out of -
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 36445.0-35525.0
🛸Buy UFOs: 23737.5-22910.0
3️⃣Options IV: 72.80%
🚀Daily Expected Move: ±1395.97
🚀Weekly Expected Move: ±3073.08
🚀Monthly Expected Move: ±6397.13
I believe now you know why UFO and 3D are part of my name…
Feel free to private-message me and share more about your trading style if you are too attracted by those UFOs 💪
*This daily post is not intended to be used as financial advice
Daily Checklist Before The Market Opens | Jun-7 2022Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍
Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace.
Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions and temptations 😉
This selfish moment may also serve you well 😁 as my findings may guide you into understanding the markets better, or may simply act as a second opinion after you have performed your own analysis 👏
The rationale of my analysis is detailed on the chart itself so you don't need to look up and down.
Below you will simply find the results of my process applied to other four relevant markets I always check before I trade.
Trade well!
OIL: NYMEX:CL1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: YES
🎯Stats: 12 out of 6.74
2️⃣Buy and Sell UFOs
🛸Sell UFOs: -
🛸Buy UFOs: 111.96-103.24
3️⃣Options IV: 47.90%
🚀Daily Expected Move: ±3.57
🚀Weekly Expected Move: ±7.85
🚀Monthly Expected Move: ±16.35
GOLD: COMEX:GC1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 2 out of 5.7
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 2003.0-1962.7
🛸Buy UFOs: 1834.8-1785.0
3️⃣Options IV: 16.81%
🚀Daily Expected Move: ±19.58
🚀Weekly Expected Move: ±43.11
🚀Monthly Expected Move: ±89.74
DOLLAR: ICEUS:DX1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: YES
🎯Stats: 2 out of 4.92
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 103.295-102.805
🛸Buy UFOs: 100.675-99.810
3️⃣Options IV: 8.77%
🚀Daily Expected Move: ±0.57
🚀Weekly Expected Move: ±1.25
🚀Monthly Expected Move: ±2.60
BITCOIN: ICEUS:BTM1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: NO
🎯Stats: 1 out of -
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 36445.0-35525.0
🛸Buy UFOs: 23737.5-22910.0
3️⃣Options IV: 72.76%
🚀Daily Expected Move: ±1386.15
🚀Weekly Expected Move: ±3051.47
🚀Monthly Expected Move: ±6352.14
I believe now you know why UFO and 3D are part of my name…
Feel free to private-message me and share more about your trading style if you are too attracted by those UFOs 💪
*This daily post is not intended to be used as financial advice