Bitcoin Buy Zone Floor you might not have another ChanceThere have been 4 Bitcoin Buy Zones since it's inception. We are currently in the 4th.
If you bought Bitcoin in the zone at an average cost you would ahead in your investment until the next zone and beyond.
The First Bitcoin BuyZone was way back in Oct 2014 with an average Buy point of $273. That Floor was never touch again
The Second Bitcoin BuyZone was on Nov 2018 with an average Buy point of $4288. That Floor was never touch again until the next BuyZone and only hit one time in that zone
The Third Bitcoin Buy Zone was on March 2020 with an average Buy point of $8409. That Floor was never touch again.
The Forth Bitcoin BuyZone hi on May 9th 2022 and we are establishing the next Floor.
Do you think this is just coincidence? Or do you have faith that we are establishing the next Bitcoin Floor.
Let me know in the comments below
~S
DCA
Bitcoin Buy Zone just triggered today 5/9/2022To all my friends,
I created this technique back in 2017. In May 2021 a year ago I published another article "Waiting for the next Bitcoin Buy Zone". Well today 5/9/2022 the Bitcoin Buy Zone just triggered.
You might want to scoop up some Bitcoin for the next few month and add it to your already Dollar Cost Average Strategy. Just Saying
Previous Buy Zones
Oct 2014 - Oct 2015: ($167- $230)
Nov 2018 - May 2019: ($3119 - $7195)
Mar 2020 - July 2020: ($4942 - $10261)
~S
Sony Group Corporation DCA - Inverted head and shoulders + C&HCompany: Sony Group Corporation
Ticker: 6758
Exchange: TSE
Sector: Electronics
Introduction:
Hello and thank you for taking the time to read my post. Today, we analyze the daily chart of Sony Group Corporation, focusing on an interesting combination of two price patterns, an inverted head and shoulders and a cup and handle pattern. This combination provides additional confirmation for classical chart analysts and offers a compelling trading opportunity.
Price Patterns:
Inverted Head and Shoulders: This pattern has been forming for 384 days and features a clear horizontal resistance line at ¥12,380. This serves as our reference point for the pattern.
Cup and Handle: The right shoulder of the inverted head and shoulders pattern contains a 126-day old cup and handle pattern, which provides further confirmation and a second possible price pattern. The same horizontal resistance line at ¥12,380 serves as the reference point for this pattern.
Bullish Environment:
The price has been above the 200 EMA for some time, indicating a bullish environment.
Price Targets:
Inverted Head and Shoulders: The price target for this pattern is ¥15,520, representing a potential price increase of 25%.
Cup and Handle: The price target for this pattern is ¥14,725, representing a potential price increase of 19%.
Trade Opportunity:
A breakout has occurred, making this trade actionable without further observation.
Conclusion:
The Sony Group Corporation daily chart analysis highlights the combination of an inverted head and shoulders pattern and a cup and handle pattern. This provides a compelling trade opportunity with clear price targets. As always, it's essential to consider risk management and proper position sizing when trading based on chart patterns.
Please note that this analysis is not financial advice. Always do your own due diligence when investing or trading.
If you found this analysis helpful, please like, share, and follow for more updates. Happy trading!
Best regards,
Karim Subhieh
Why You Need To Use Dollar Cost Averaging (DCA) For FuturesHey Guys,
Lots of my students ask about the Nasdaq so here is how to trade it.
It's important to note that Futures markets rise in value up and down over time. Getting a pin point price constantly is not what you need to do.
Relax. Just be a Trader.
Buy when the price is low and spread yourself out..
When it comes up, Sell and spread yourself out.
This naturally covers risk and allows you to accumulate a good deal.
After all, that's what Traders want.
My thoughts On Long/Short Areas also mentioned.
XDB CAPITULATION! Getting closer to the bottomXDB has been getting rekt recently. There is a lot of fud surrounding the project, however, fundamentally it is still stronger than ever. This is typical of the capitulation phase. I have seen this countless times before, and I am 100% convinced that it's going to moon like crazy after this is over. I have already started DCA'ing here at 0.0014, but the chart does not look like it has found a bottom yet. I'm expecting the ultimate bottom to be in the 0.0006 - 0.0008 range. Anything under 0.001 is an EXTREMELY good buying opportunity. I will follow up with a zoomed out 1d chart to show you how big of a bullrun I'm actually expecting after capitulation. It is close to 100x if you buy it at the exact bottom.
AUDIO : THE DCA CYCLE COIN THAT ARE ABLE TO RUN $2 USDwe made since today a new study on the DCA coins that have a cycle with the possibility to increase the coming time for the year 2023.
We found out that AUDIO has a high chance to increase to targets of $0,66 and in a better trend way to a high target of $2 USD.
This coin shows a pattern of increase depending on the study, further it shows a DCA trend that could bring this coin into new breakouts.
We will follow this coin and see how far it can go.
For the short term, AUDIO is at a point where it can break out to $0,31 into short term.
This update is a view for 2023
The market can go up and down, but it's about the general view, and that is that this coin has a high chance of breakout in the coming time.
a real cycle coin comes always with a strong increase back also when it breakdown with the main market.
NAKAMOTO GAMES risk reward looking goodNAKAMOTO GAMES - the chart tell me a lot of upside here. 64 X to all time high. NAKAMOTO GAMES going up up up sense December and the botton could be in. NAKAMOTO is a gaming project with a lot of twitter followers (that could spread the message "buy buy" in a bull run)... we will probably hear a lot about NAKAMOTO next bull run. I think it could be a good time to buy next pull back and hold long term. This is not a financial advice. Gaming project could be very risky, do your own research. Be aware of the Small Market Cap, 8.1 million dollar....it can move fast.
LINK LONG (last spot trade 2022)SPOT (DCA) trade into LINK for long time hold.
2022 - What a Ugly crypto year! Chainlink (LINK) have now been ranging for quite a while. At the moment LINK are at the bottom on the "Daily-channel" -Stoch RSI oversold. Of course BTC can move to 10K-13K and LINK will follow that fall. But if you believe that we are close to the BTC-botton - the timing for DCA into LINK looking really good.
Some simple DCA idea. Maybe a bit better than the average one ?Hello, everyone. This is my first idea, so please pardon me if anything goes wrong.
With the bear knocking at the door a while ago, it seems that everything goes down. So maybe we should embrace the investor side ... The boring but rewarding path.
On bear markets, everyone accumulates. The DCA it seems a viable option, as they say : "Time in the market beats timing the market".
We could DCA by volume profile, Fibonacci retracements, or several other techniques. But why going so "complex" when we can make everything simple ?
On Crypto, it's tested that we will see at least 6 consecutive "30% drops" after the latest "30% drop", if not even more.
Influenced on this idea by our regretted mathematician, Mr. Fibo ... And applying it to the charts, I just have a new indicator with an embedded strategy inside.
In order to do everything right , I am asking the community to give me feedback. And if there is a real demand for my creation, I will respond accordingly :)
The questions will be :
1. Do you think this strategy will bring you profits ? If so, do you want to try my indicator for easier backtesting ?
2. How useful do you think it will be a trading automation website, to be launched in 2023 ? Dedicated to Risk/Reward ratio trades, but also containing this idea ?
I am humbly awaiting your response, so ... Let's help each other !
Best regards,
Ionuț
BTC, PYR, LINK, VET time to DCA?!Market can still capitulate and altcoins will in that case drop 40-50% or so. But lets assume that the market will recover fast. If the short time downside is 40-50% and the longtime upside is multiples...I don't think "waiting for the perfect entry" is the best choice. Don't wait to long to DCA into your favourite altcoins that you believe will survive the bear market. If the market suddenly turn bullish, you will quickly lose that big X-factor, upside (multiples to all time high) that the market offers you right now. Here are three of my favourite coins to DCA into - VET/PYR/LINK.
Don't surrender Render - RNDR With a little bullish momentum in the market, we will see RNDR quickly wake up again!? If you don't believe in the "big capitulation leg down" - RNDR should be on your shopping list. I think it's a BIG chance we see RNDR 100%, before Bitcoin break 30K :). Use the horizontal support and trend line to find a great entry. Disclaimer - RNDR is extremely volatile and sometimes unpredictable - crazy wicks :)
BTC and ETH - Capitulation or Accumulation?The sentiment is so Bearish - is this the end of Crypto, really? Is it possible that BTC surprise "everybody" again...as usual? Anyhow, BTC and ETH looks similar, chart wise. I see two possible scenarios play out the common hours/days. Total Capitulation or horisontel Accumulation. BTC < 14K is a buy for me, ETH < 1K is also a buy for me.
DCA for beginnersI made a visual explanation investing mid/long-term with DCA and of how effective DCA is and how to do it based on a weekly chart, no matter how much money you got, you can adapt to your capital
Understand that this is an example amongst many other and you are not obligated to follow this strategy, it's just to guide if you're new to DCA. It's not a financial advice.
also, it's important to understand the market cycles, and know when it's a bullrun, a bear market and an accumulation & expansion phase
COTI LONG - WEEKLY CLOSE OUTSIDE WEDGE I'm waiting for the moment when the big reversal to the upside coming. COTI has shown strength the last two weeks and are now about to break weekly trend. We could see a good DCA opportunity here if COTI close outside the wedge. On the other hand, a weekly close inside the wedge could mean that COTI drop to the floor of the wedge again.
BTC/USDHi all,
Hash Rate leads Difficulty in identifying Bitcoin Miner Capitulation.
Hash Ribbons is close to a buy signal and is it would be wise to pay attention.
Usually this indicator has a high probability of success if we analyze the history of buy signals and price action after that.
Since it is a lagging indicator, I frequently take DCA into account before BUY signals.
What do you think about this strategy?
BTCUSD Potential Bottom, Longterm Monthly Outlook & DCA StratJudging by the Volume, I am quite confident a potential bottom might be in.
Unfortunately, i do expect a painfully boring and long consolidation phase after this.
During these months / years, i will try to DCA as much as possible.
good luck!