Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubGood weekend,
As usual, here is our analysis of the week looking at a glance at the daily chart of BINANCE:BTCUSDT using the Ichimoku Kinko Hyo indicator with traditional settings. We used in support other indicators that we developed and released Open Source, you can find them at the end of the analysis.
Trend:
Kumo has been red for 49 days, compared to the previous week where it had tapered. Now it gets wider (now at about 16.18%). Almost all lines indicate a general downtrend. In the short term we note that the price is above the Kijun. Reading this in the overall context we notice though that the Kijun has plunged abruptly, repelling the price several times. So the scenario continues to be non-bearish anyway.
The Kijun Trend indicator always indicates looking for short positions. Since the price is on the Kijun it may change colour in the week.
Heikin-Ashi:
For the week the Heikin-Ashi indicates a downtrend although with indecisive candles.
Supports and resistances:
- 75000.00 from Fibonacci
- 67000.00 from all-time high
- 66001.41 from all-time high of the Chikou
- 51800.00-52600.00 from Ichimoku Flat/cusp areas of the Chikou
- 49000.00-51000.00 Fibonacci, psychological threshold and Kijun Weekly
- 44400.00-45600.00 from Ichimoku Flat/cusp areas of the Chikou
- 41200.00 from Ichimoku flat/cusp areas of the Chikou
- 39400.00 from Ichimoku flat/cusp areas of the Chikou
- 37000.00 from Ichimoku flat/cusp areas of the Chikou
- 35700.00 from Fibonacci
- 35000.00 from Ichimoku flat/cusp areas of the Chikou
- 33500.00 from Ichimoku flat/cusp areas of the Chikou
- 30300.00 from Ichimoku Flat/cusp areas of the Chikou
- 28700.00 from Ichimoku Flat/cusp areas of the Chikou
- 25000.00 from Fibonacci
For the various static price structures you can refer to the chart where the structures identified by the flat moments of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes are plotted, also Chikou price for the daily time frame.
Also, recall that the various Ichimoku lines serve as dynamic price structures: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term).
Fibonacci:
The Fibonacci levels on the Daily still show us positive long-term sentiment and places the 0 upside on 75000.00. Price is now between level 1 at 25000.00 and 0.786 on 35700.00.
Conclusion:
BTC continues to be in a downtrend on the daily and weekly time frame. All lines confirm this and the Kijun both daily and weekly fell abruptly, particularly on the daily this allowed the price to go above the Kijun. Therefore a bearish equilibrium situation is present.
The well-known exponential moving averages often used in the Crypto market on the 200, 50 and 20 periods are aligned in downtrend.
An interesting element is the Hosoda waves that signal an ABC pattern with the C point on the low of 2022-05-12, there are no rising lows and in fact the NT target is at 16245.00 while the N target is at 37734.84. Levels to keep in mind in case of a break or as a target.
It is important to evaluate the closing of the week and during the week on the following price structures:
- Bullish: 31800.00
- Bearish: 28700.00
Altcoin Cycle:
For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation:
- Total cryptocurrency market capital: Increased.
- BTC Dominance: Increased.
- Price of BTC: Increased.
- Alt Cycle Expectation: Decreased.
Thanks for your attention, happy to support the TradingView community.
Indicators used:
Analysis Tool
Kijun Trend Indicator
Ichimoku Support and Resistance
Chikou Support and Resistance
Cycle
IOTA/USDT - Complex overview for USD altcoinsIOTA / USDT (Binance) - A comprehensive look at the trend of altcoins in USDT pairs
IOTA is a token that was among the first in my portfolio in 2018. Overall, this is probably one of my first purchases ever, so I always have a bit of nostalgia in this chart. It is not fundamentally bad at all, but at the same time it has not yet delivered a revolution on the Internet in a similarly broad-spectrum Internet of Things (IoT). However, I don't want to write specifically about this pair, but it seems to me to be a good example of an average altcoin in terms of chart.
👌🏻The current altcoin market takes three forms:
1. - Charts such as HNT, STX, SOL, BNB. They recorded tough corrections, but their growth in the previous bullrun was so impulsive that even such a tough market correction failed to send them to long-term PoC structures and their long-term up-trend is maintained (including Bitcoin).
2- Charts like IOTA - Despite strong growth during the last run, they failed to get prices above their ATH and the current market situation sent them to the historically strongest Point of Control levels (in the case of IOTA - $ 0.285)
3. Newer charts like MINA, DYDX and others - haven't warmed up in the market for a long time, they have managed to make nice impulsive structures, but their chart has not yet experienced a bear market. This puts them at a disadvantage, as the structure lacks long-term PoCs as in the case of IOTA or BTC. It is these last 2 types of charts that are beginning to suggest that perhaps due to the influence of LUNA, perhaps only the macroeconomic situation, USDT pairs will have to create longer-term accumulation zones (about 1 year) before a possible next bull run.
👍🏻Still, the vast majority of long-term charts are in sharply declining bullish patterns (most in falling wedges). Although the slope and pattern may indicate the end of the correction, and following a hard pump breakout, it makes more sense to the exact opposite. Of course, strong pumps can come and we will see 100-200% growth in the market again, we will probably have to wait for a new trend to start.
- This view may be one of the most basic things on the market and that is CYCLE. Each cycle on each asset of the international financial world takes place in 3 phases. Uptrend / Downtrend and subsequent consolidation. The condition of the enormously declining altcoins is beginning to indicate the bottom. Personally, it would make sense to me to create one short-term low in the form of a wick, which would come after the SL and liquidators of the currently recruited longs. However, I would venture to say that there will be an area of LONG-TERM BOTTOM.
❕Current prices for HODL perspective are more than luxurious, we didn't even dream about it half a year ago, and therefore the period of the coming months is more than suitable for the accumulation of favorites for long-term (HODL) positions. As in every market, only the meaningful will survive, so choose projects that have a product / ecosystem or global implementation. My modest estimate (of course it could be wrong) is that in the next year there will be a chance to take 100-200% profits on the altcoins several times, but we will probably have to wait for some more significant bull run and REAL alt season, maybe up to one year.
✅ Gradually, after creating a new low, I will start to accumulate the HODL portfolio on a large scale. At the same time, we will use this drop to gain middle-term positions with targets of 50-200% and we will try to use the lower volatility on HTF for LTF trades to multiply the USDT portfolio before the re-green year, which could come about 1 year before the halving (the one for so far it is published on August 12, 2024). As a result, we will focus our strategy on next summer.
1D chart:
Daily Checklist Before The Market Opens | Jun-3 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: 10 out of 6.74
2️⃣Buy and Sell UFOs
🛸Sell UFOs: -
🛸Buy UFOs: 111.96-103.24
3️⃣Options IV: 47.80%
🚀Daily Expected Move: ±3.49
🚀Weekly Expected Move: ±7.67
🚀Monthly Expected Move: ±15.98
GOLD: COMEX:GC1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: YES
🎯Stats: 10 out of 6.11
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 2003.0-1962.7
🛸Buy UFOs: 1867.9-1834.8
3️⃣Options IV: 17.13%
🚀Daily Expected Move: ±20.17
🚀Weekly Expected Move: ±44.40
🚀Monthly Expected Move: ±92.42
DOLLAR: ICEUS:DX1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 1 out of 5.4
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 103.295-102.805
🛸Buy UFOs: 100.675-99.810
3️⃣Options IV: 8.60%
🚀Daily Expected Move: ±0.55
🚀Weekly Expected Move: ±1.21
🚀Monthly Expected Move: ±2.53
BITCOIN: ICEUS:BTM1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: NO
🎯Stats: 1 out of -
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 32250.0-31307.5
🛸Buy UFOs: 23737.5-22910.0
3️⃣Options IV: 74.20%
🚀Daily Expected Move: ±1401.88
🚀Weekly Expected Move: ±3086.09
🚀Monthly Expected Move: ±6424.21
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-2 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: 9 out of 6.74
2️⃣Buy and Sell UFOs
🛸Sell UFOs: -
🛸Buy UFOs: 111.96-103.24
3️⃣Options IV: 49.14%
🚀Daily Expected Move: ±3.47
🚀Weekly Expected Move: ±7.64
🚀Monthly Expected Move: ±15.90
GOLD: COMEX:GC1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: NO
🎯Stats: 9 out of 6.12
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 2003.0-1962.7
🛸Buy UFOs: 1834.8-1785.0
3️⃣Options IV: 16.94%
🚀Daily Expected Move: ±19.83
🚀Weekly Expected Move: ±43.66
🚀Monthly Expected Move: ±90.89
DOLLAR: ICEUS:DX1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: YES
🎯Stats: 1 out of 4.92
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 103.295-102.805
🛸Buy UFOs: 102.205-101.300
3️⃣Options IV: 8.78%
🚀Daily Expected Move: ±0.57
🚀Weekly Expected Move: ±1.24
🚀Monthly Expected Move: ±2.59
BITCOIN: ICEUS:BTM1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 1 out of -
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 32250.0-31307.5
🛸Buy UFOs: 23737.5-22910.0
3️⃣Options IV: 81.50%
🚀Daily Expected Move: ±1542.52
🚀Weekly Expected Move: ±3395.69
🚀Monthly Expected Move: ±7068.69
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-1 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: 8 out of 6.74
2️⃣Buy and Sell UFOs
🛸Sell UFOs: -
🛸Buy UFOs: 111.96-103.24
3️⃣Options IV: 49.82%
🚀Daily Expected Move: ±3.66
🚀Weekly Expected Move: ±8.05
🚀Monthly Expected Move: ±16.75
GOLD: COMEX:GC1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: NO
🎯Stats: 8 out of 6.12
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 2003.0-1962.7
🛸Buy UFOs: 1834.8-1785.0
3️⃣Options IV: 17.19%
🚀Daily Expected Move: ±19.85
🚀Weekly Expected Move: ±43.69
🚀Monthly Expected Move: ±90.95
DOLLAR: ICEUS:DX1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 9 out of 5.41
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 103.295-102.805
🛸Buy UFOs: 100.675-99.810
3️⃣Options IV: 8.58%
🚀Daily Expected Move: ±0.55
🚀Weekly Expected Move: ±1.21
🚀Monthly Expected Move: ±2.52
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: 81.96%
🚀Daily Expected Move: ±1635.51
🚀Weekly Expected Move: ±3600.40
🚀Monthly Expected Move: ±7494.84
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 | May 31 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: 7 out of 6.74
2️⃣Buy and Sell UFOs
🛸Sell UFOs: -
🛸Buy UFOs: 111.96-103.24
3️⃣Options IV: 47.92%
🚀Daily Expected Move: ±3.59
🚀Weekly Expected Move: ±7.90
🚀Monthly Expected Move: ±16.44
GOLD: COMEX:GC1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: NO
🎯Stats: 7 out of 6.12
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 2003.0-1962.7
🛸Buy UFOs: 1834.8-1785.0
3️⃣Options IV: 17.50%
🚀Daily Expected Move: ±20.43
🚀Weekly Expected Move: ±44.96
🚀Monthly Expected Move: ±93.60
DOLLAR: ICEUS:DX1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 8 out of 5.42
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 103.295-102.805
🛸Buy UFOs: 100.675-99.810
3️⃣Options IV: 8.64%
🚀Daily Expected Move: ±0.55
🚀Weekly Expected Move: ±1.22
🚀Monthly Expected Move: ±2.54
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: 81.80%
🚀Daily Expected Move: ±1631.67
🚀Weekly Expected Move: ±3591.96
🚀Monthly Expected Move: ±7477.25
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
RVGI analysis on BTC Monthly ChartAll the ideas are on the chart. You need to know that you should ignore if RVGI crosses in series, it only makes sense if it crosses after not crossing for a long time.
I can see that I ignore a couple of things like we didn't spend all 365 days on bear market after last downside cross of RVGI, actually no explanation for that I just think from 64k to 69k in 7 months is not exactly bull market we just spend a couple of months correction and accumulation then tried to put another ride but the time was not right.
Daily Checklist Before The Market Opens | May 30 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: 7 out of 6.74
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 130.50-115.54
🛸Buy UFOs: 111.96-103.24
3️⃣Options IV: 47.92%
🚀Daily Expected Move: ±3.49
🚀Weekly Expected Move: ±7.67
🚀Monthly Expected Move: ±15.97
GOLD: COMEX:GC1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: NO
🎯Stats: 7 out of 6.12
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 2003.0-1962.7
🛸Buy UFOs: 1834.8-1785.0
3️⃣Options IV: 17.50%
🚀Daily Expected Move: ±20.51
🚀Weekly Expected Move: ±45.14
🚀Monthly Expected Move: ±93.97
DOLLAR: ICEUS:DX1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 7 out of 5.42
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 103.295-102.805
🛸Buy UFOs: 100.675-99.810
3️⃣Options IV: 8.64%
🚀Daily Expected Move: ±0.55
🚀Weekly Expected Move: ±1.22
🚀Monthly Expected Move: ±2.53
BITCOIN: ICEUS:BTM1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 17 out of -
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 36445.0-35525.0
🛸Buy UFOs: 23737.5-22910.0
3️⃣Options IV: 82.75%
🚀Daily Expected Move: ±1596.41
🚀Weekly Expected Move: ±3514.33
🚀Monthly Expected Move: ±7315.66
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
Tron’s TRX Burn Total Exceeds 7.7 TrillionThe Tron network has figured out how to beat the remainder of the digital forms of money in the midst of the as of late expanded bear pressure. Tron's local token TRX has flooded by more than 25% in the beyond 30 days. In a bid to help this increment the organization is continually executing different consumes.
Very nearly 300 million TRX consumed
Justin Sun, Tron's head, informed that another very nearly 300 billion TRX tokens have been shipped off a dead wallet. The exchange was worth around $24 billion. The token is exchanging at a typical cost of $0.079, at the press time. According to the Tron people group, in excess of 385 billion coins were singed on May 26, 2022, to back the cycle.
In the mean time, two other comparative exchanges were recorded by the Whale Alert as of now. More than $14.9 billion worth of 184 billion Tron tokens were moved to an obscure wallet. Notwithstanding, Tron hasn't asserted that these exchanges were important for their consume cycle.
Commercial
The Tron network has guaranteed that they are in a condition of flattening. This statement comes in as they have sent around 7.7 trillion TRX tokens to a dead wallet in only 30 weeks. The Tronscan referenced that TRX consumed comparing to the decentralized stablecoin USDD crossing 7.2 trillion tokens. Nonetheless, Sun looks hopeful as he holds back nothing trillion TRX consume mark.
May saw enormous consume exchanges
According to the information, the TRX consuming cycle saw an enormous spike in the long stretch of May. The spikes proceeded to contact the 1 trillion symbolic consume level two times this month. May 5, 2022, saw the send off of one more stablecoin USDD upheld by TRX. Nonetheless, the USDD has likewise outperformed a major milestone. The stablecoin has figured out how to fabricate a course of more than $600 billion. This huge achievement has come in the midst of the new Terre LUNA and UST memorable accident.
Daily Checklist Before The Market Opens | May 27 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: 6 out of 6.74
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 130.50-115.54
🛸Buy UFOs: 111.96-103.24
3️⃣Options IV: 46.03%
🚀Daily Expected Move: ±3.28
🚀Weekly Expected Move: ±7.23
🚀Monthly Expected Move: ±15.04
GOLD: COMEX:GC1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: NO
🎯Stats: 6 out of 6.12
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 2003.0-1962.7
🛸Buy UFOs: 1834.8-1785.0
3️⃣Options IV: 17.81%
🚀Daily Expected Move: ±20.91
🚀Weekly Expected Move: ±46.02
🚀Monthly Expected Move: ±95.80
DOLLAR: ICEUS:DX1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 6 out of 5.42
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 103.295-102.805
🛸Buy UFOs: 100.675-99.810
3️⃣Options IV: 9.12%
🚀Daily Expected Move: ±0.58
🚀Weekly Expected Move: ±1.29
🚀Monthly Expected Move: ±2.68
BITCOIN: ICEUS:BTM1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 16 out of -
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 36445.0-35525.0
🛸Buy UFOs: 23737.5-22910.0
3️⃣Options IV: 82.70%
🚀Daily Expected Move: ±1512.48
🚀Weekly Expected Move: ±3329.57
🚀Monthly Expected Move: ±6931.05
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
TIME FOR SHIBAI want to publish my time (ASTRO) with you for first TIME , as you see the cycle is repetition correctly but sometimes it takes long time than pervious cycle but its repeat please not that time and use it for your chart. I HOPE this time + your strategy can help your trade better than past and cause improve your JOB for trading. //THIS IS A LIGHT//
it takes time for me about 3 years about 18 HOURS to find out how to they works. please have a study and improve your strategy... don't be disappointed, I lost my shoulder and eyes for this way. NOW I understand that how to work and use cycle for my strategy by MR GANN strategy. The STARTS ARE NOT LIER, Trust ME. Have fun DUDE...
THE ROOF IS ON FIRE but 💯 MAJOR OPPORTUNITY⚠️This is the song that came in mind when I checked prices this morning:
Lyrics
The roof, the roof, the roof is on fire
The roof, the roof, the roof is on fire
The roof, the roof, the roof is on fire
We don't need no water, let the motherfucker burn
Burn motherfucker, burn
Hello, my name is Jimmy Pop and I'm a dumb white guy
I'm not old or new, but middle school, fifth grade, like junior high
I don't know mofo, if y'all peeps be buggin' givin' props to my hoe 'cause she fly
But I can take the heat 'cause I'm the other white meat known as "Kid funky fried"
Yea, I'm hung like planet Pluto, hard to see with the naked eye
But if I crashed into Uranus, I would stick it where the sun don't shine
'Cause I'm kind of like Hans Solo, always stroking my own wookie
I'm the root of all that's evil, yea, but you can call me Cookie
The roof, the roof, the roof is on fire
The roof, the roof, the roof is on fire
The roof, the roof, the roof is on fire
We don't need no water, let the motherfucker burn
Burn motherfucker, burn
Yo, yo
This hardcore ghetto gangster image takes a lot of practice
I'm not black like Barry White, no I am white like Frank Black is
So if man is five and the devil is six than that must make me seven
This honkey's gone to heaven
But if I go to Hell, well then I hope I burn well
I'll spend my days with J.F.K., Marvin Gaye, Martha Raye and Lawrence
Welk
And Kurt Cobain, Kojak, Mark Twain and Jimi Hendrix's poltergeist
And Webster yea Emmanuel Lewis 'cause he's the Antichrist
The roof, the roof, the roof is on fire
The roof, the roof, the roof is on fire
The roof, the roof, the roof is on fire
We don't need no water, let the motherfucker burn
Burn motherfucker, burn
Everybody here we go
(Ooo, ooo)
C'mon party people
(Ooo, ooo)
Throw your hands in the air
(Ooo, ooo)
C'mon party people
(Ooo, ooo)
Wave 'em like you don't care
(Ooo, ooo)
C'mon party people
(Ooo, ooo)
Everbody say ho
(Ooo, ooo)
C'mon party people
(Ooo, ooo)
Everybody here we go
(Ooo, ooo)
C'mon party people
(Ooo, ooo)
Throw your hands in the air
(Ooo, ooo)
C'mon party people
(Ooo, ooo)
Wave 'em like you don't care
(Ooo, ooo)
C'mon party people
(Ooo, ooo)
Everbody say ho
(Ooo, ooo)
C'mon party people
(Ooo, ooo)
Everybody here we go
(Ooo, ooo)
C'mon party people
(Ooo, ooo)
Throw your hands in the air
(Ooo, ooo)
C'mon party people
(Ooo, ooo)
Wave 'em like you don't care
(Ooo, ooo)
C'mon party people
(Ooo, ooo)
Everbody say ho
(Ooo, ooo)
C'mon party people
(Ooo, ooo)
Everybody here we go
(Ooo, ooo)
C'mon party people
(Ooo, ooo)
Throw your hands in the air
(Ooo, ooo)
C'mon party people
(Ooo, ooo)
Wave 'em like you don't care
(Ooo, ooo)
C'mon party people
(Ooo, ooo)
Allow me to be cool with this...
All is see is :💯 MAJOR OPPORTUNITY⚠️
the FXPROFESSOR
Daily Checklist Before The Market Opens | May 26 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: NO
🎯Stats: 5 out of 6.74
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 130.50-115.54
🛸Buy UFOs: 80.47-77.83
3️⃣Options IV: 46.76%
🚀Daily Expected Move: ±3.28
🚀Weekly Expected Move: ±7.22
🚀Monthly Expected Move: ±15.03
GOLD: COMEX:GC1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: NO
🎯Stats: 5 out of 6.13
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 2003.0-1962.7
🛸Buy UFOs: 1834.8-1785.0
3️⃣Options IV: 18.27%
🚀Daily Expected Move: ±21.22
🚀Weekly Expected Move: ±46.72
🚀Monthly Expected Move: ±97.25
DOLLAR: ICEUS:DX1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 5 out of 5.42
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 103.295-102.805
🛸Buy UFOs: 100.675-99.810
3️⃣Options IV: 9.35%
🚀Daily Expected Move: ±0.60
🚀Weekly Expected Move: ±1.32
🚀Monthly Expected Move: ±2.75
BITCOIN: ICEUS:BTM1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 15 out of -
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 36445.0-35525.0
🛸Buy UFOs: 23737.5-22910.0
3️⃣Options IV: 84.77%
🚀Daily Expected Move: ±1554.74
🚀Weekly Expected Move: ±3422.61
🚀Monthly Expected Move: ±7124.73
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
Silver looks having topped in a corrective bounceAccording to principle of synchronicity proposed by JM Hurst, from time to time several distinctive cycles reach their respective bottoms simultaneously. In other words, cycles get aligned at bottoms or troughs.
However, cycles reach their peaks in asynchronous way! This is why when we deal with a big cycle topping normally it creates a string of multiple peaks. I marked up those triple tops with red arrows for you.
Imagine a train with several trucks that goes over a bridge and then goes down the bridge.
And those trucks reach the top of the bridge one by one. This is exactly how cycles reach their peaks!
That means that you should not expect a strong rally to turn down on a dime right after the first topping signal.
You may consider two first topping signals as quick short opportunities and wait for the third topping signal to build a swing short position.
The red horizontal lines are levels of resistance produced by peaks of different cycles.
The thickest red lines are those that come from the strongest cycles that move price on higher timeframes.
Quite often those strong cycles would NOT be the last to top or bottom! Quite often the last one to top would be a micro cycle from a lower timeframe.
What I see as a good shorting setup is when price overshoots the resistance of a thick red line, a resistance printed by a cycle from the highest timeframe and hits a micro resistance of a minor cycle.
Daily Checklist Before The Market Opens | May 25 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: NO
🎯Stats: 4 out of 6.74
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 130.50-115.54
🛸Buy UFOs: 80.47-77.83
3️⃣Options IV: 47.04%
🚀Daily Expected Move: ±3.29
🚀Weekly Expected Move: ±7.25
🚀Monthly Expected Move: ±15.09
GOLD: COMEX:GC1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: NO
🎯Stats: 4 out of 6.13
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 2003.0-1962.7
🛸Buy UFOs: 1864.3-1834.8
3️⃣Options IV: 19.13%
🚀Daily Expected Move: ±22.35
🚀Weekly Expected Move: ±49.19
🚀Monthly Expected Move: ±102.41
DOLLAR: ICEUS:DX1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 4 out of 5.42
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 103.295-102.805
🛸Buy UFOs: 100.675-99.810
3️⃣Options IV: 9.17%
🚀Daily Expected Move: ±0.59
🚀Weekly Expected Move: ±1.30
🚀Monthly Expected Move: ±2.71
BITCOIN: ICEUS:BTM1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 13 out of -
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 36445.0-35525.0
🛸Buy UFOs: 23737.5-22910.0
3️⃣Options IV: 83.79%
🚀Daily Expected Move: ±1567.12
🚀Weekly Expected Move: ±3449.85
🚀Monthly Expected Move: ±7181.44
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 | May 24 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: NO
🎯Stats: 3 out of 6.75
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 130.50-115.54
🛸Buy UFOs: 80.47-77.83
3️⃣Options IV: 48.63%
🚀Daily Expected Move: ±3.39
🚀Weekly Expected Move: ±7.46
🚀Monthly Expected Move: ±15.53
GOLD: COMEX:GC1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: NO
🎯Stats: 3 out of 6.13
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 2003.0-1962.7
🛸Buy UFOs: 1834.8-1785.0
3️⃣Options IV: 19.63%
🚀Daily Expected Move: ±22.94
🚀Weekly Expected Move: ±50.49
🚀Monthly Expected Move: ±105.11
DOLLAR: ICEUS:DX1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 3 out of 5.42
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 103.295-102.805
🛸Buy UFOs: 100.675-99.810
3️⃣Options IV: 9.29%
🚀Daily Expected Move: ±0.60
🚀Weekly Expected Move: ±1.31
🚀Monthly Expected Move: ±2.73
BITCOIN: ICEUS:BTM1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 13 out of -
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 36445.0-35525.0
🛸Buy UFOs: 23737.5-22910.0
3️⃣Options IV: 83.44%
🚀Daily Expected Move: ±1542.31
🚀Weekly Expected Move: ±3395.23
🚀Monthly Expected Move: ±7067.74
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
How To Spot Economical Cycles Top Using [DXY- SPX and VIX]
Hi Everyone
In this video I want to share an overview of the importance of economic cycles for traders and investors and how we can use Trading View charts
with no indicators to figure out key economic signals on the following charts:
DXY tops for the end of previous bear markets
VIX normal ranges vs Bear cycles ranges
The Dow Jones Industrial average is another key chart with SPY charts because everyone has a 401K retirement account these days and people are use to the headlines of the Dow Jones Industrial Average new highs and new lows to shift emotionally between despair and exuberance. It's not unusual for people to throw in the towel just as the market begins to rise in the next economic cycle.
As a student of the markets, you need to know when it's time to load up on bargain priced assets and ride the next cycle up and when it is time to slowly sell or fade into the tops of the markets and avoid the downturns.
Are we in a normal healthy correction 10-20% or are we heading toward the Great Depression type 50% correction from the top? These charts will help you answer the question.
Mastering the market and economic cycles is the key to becoming wealthy in all asset classes - Stocks, Real Estate, and Cryptos
Hope it helps...
@Marc