Economic Cycles
$AMD Cycle outlook into Sep-Oct 2024NASDAQ:AMD cycles
Daily - looks to have started decline to HCL which is putting NYSE:ADM at a risk of daily cycle failure.
Weekly - printed weekly swing low on the tail end of the weekly cycle. Looking for the decline into ICL around mid May
Monthly - Bigger picture, just coming out of 7 year cycle low. We typically dip into HCL decline into month 23-25 so a final decline to YCL should be around Sep-Oct 2024
Live Trading Session 256: Potential & open positions on BRT,etcIn this live trading session video,we look at current live open and closed positions on BRENT,GBPUSD and EURUSD and potential trades coming on Bitcoin,Etherum,US30, etc and the thinking behind them. We also look at how we are doing on our live 100k traders challenge account.
LTC - The FRACTAL that takes us to +300%📉Hi Traders, Investors and Speculators of Charts📈
As I always joke, Litecoin is still in prison... meaning that LTC hasn't been able to break out of long term accumulation yet. This however is A GOOD SIGN for traders because:
👉 Low risk entry
👉 High reward trade
👉 Another chance at accumulation
I'm still watching this fractal and patiently waiting for the first bullish confirmation, as discussed in the video.
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CryptoCheck
BINANCE:LTCUSDT
MATIC - Don't Miss the PARABOLIC ALTSEASON coming📉Hi Traders, Investors and Speculators of Charts📈
We're all looking for solid projects that have good fundamentals... and good upside. MATIC is one of those altcoins that haven't yet made a new ATH. Infact, it's not even close to its previous ATH with 190%+upside potential!
From a technical indicator perspective, we see a reliable "BUY" signal in the weekly timeframe:
From here, I expect altcoins to start making their rallies. Find more info on alt season 2024 here:
And if you need a little bit more technical info on how the rotation between BTC and altcoins work, check out this idea:
Cheers to another profitable day in crypto 🥳 And remember to realize gains🥂
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BINANCE:MATICUSDT
A very rare but scary cycle convergence !! I've taken a look at multiple asset classes; i.e. global indices, crypto & gold which are all rallying into a cycle week. Further, all global indices are extremely overbought which increases the likelihood of a turn around. This signal is extremely rare and if everything is turning downward from here, the catalyst will be a PRETTY BIG DEAL.
As always, charts predict the news
Live Trading Session 255: Potential & open positions on GBP,etcIn this live trading session video,we look at current live open positions on BRENT, GBPUSD,
EUR and potential trades coming on Bitcoin,Etherum,US30, etc and the thinking behind them. We also look at how we are doing on our live 100k traders challenge account.
Bitcoin - Buy The RallyHello Traders, welcome to today's analysis of Bitcoin.
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Explanation of my video analysis:
After Bitcoin created the previous cycle high in 2018 we saw a correction of more than -70%. This dip was the followed by a +2.000% rally and a perfect break and retest of the previous cycle high. If Bitcoin - after the recent rally - now retraces back to the important structure mentioned in the analysis, I am simply looking to add to my current long position.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
LTC - THIS INDICATOR says SELL 🤔📉Hi Traders, Investors and Speculators of Charts📈
Litecoin / LTC is an altcoin that still has massive upside potential for the coming bull season. If you have been following me for a while, you'll know I've been saying we are trading in the opening moments of a new bullish cycle. I've also referred to this as Elliot Wave Theory Wave 1.
According to my plan, this is the first impulse wave towards the upside. But the upwards wave are always followed by correction waves; a natural part of any cycle. I expected the second impulse wave (2-3) only AFTER the BTC halving, which is set to happen in April.
So far, we've seen a correction / pullback across all crypto's. BTC corrected from 48k to 41K and now hovering around FWB:42K where it has found support. But across most altcoins, the bears are controlling the lower timeframes. HOWEVER - this is a great opportunity to get in at lower prices before the second impulse wave starts.
The second impulse wave is know to be the biggest one, with the biggest increase - and that's what we're looking forward to after this correction is over.
For the short term though as pointed out, I'm expecting LTC to trade range or perhaps even slightly lower. This is a great re-accumulation zone, incase you missed the first one.
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the market s.
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BINANCE:LTCUSD.P BINANCE:LTCUSDT COINBASE:LTCUSD
SOL vs BTC : Where Have I Seen this FRACTAL 🤔📉Hi Traders, Investors and Speculators of Charts📈
Looking at the Solana chart today, something struck me as familiar - but I couldn't place my finger on it. A pattern... where did I see this before?
If you stare at charts about as much as I do, sometimes you start to see trends and correlations between charts. We call these - FRACTALS. These are a great tool to use when scouting for patterns. You can use a fractal in many ways, but I mainly gauge it against what happens next after the fractal on the origin chart.
We're doing the same thing today between SOL and BTC - using an old Bitcoin fractal to predict the potential next move for Solana.
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
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BINANCE:BTCUSDT BINANCE:SOLUSDT
Bitcoin - Important StructureHello Traders, welcome to today's analysis of Bitcoin.
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Explanation of my video analysis:
In 2018 Bitcoin created the previous cycle high which was roughly at the $17.000 level. In November of 2020 Bitcoin then broke above the resistance, came back to retest and started its new bullish cycle. If Bitcoin will now retest the confluence of support mentioned in the analysis, I will certainly be looking for more long setups to add to my current long position.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
ADA : This FRACTAL shows New BULLRUN 📢📉Hi Traders, Investors and Speculators of Charts📈
ADA / Cardano has spent an extended period in the "Accumulation Zone" (this basically means sideways trading at very low prices). According to Wyckoff Method, this is the pre-cursor to a new bullish cycle. The new bullish cycle is identified when we see a breakout ABOVE the range trading zone.
This is where our fractal comes in. Cardano has previously done a similar thing where the price stayed in a tight rage for an extended period of time. This, was infact the precursor to the bullcycle that led to the previous ATH !
If you didn't get an entry in the accumulation zone, now is your second chance before the price starts another bullish cycle.
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CRYPTOCAP:ADA BYBIT:ADAUSDT.P BINANCE:ADAUSDT BINANCE:ADAUSD COINBASE:ADAUSD
Cardano Could Explode by Over 1,000% ! Lets Find Out In the video we put to the test the Cardano crypto currency using our ground breaking EW 2.0 to see if the time is right to accumulate for the next bull run which can hit ATHs by year end .
I hope you enjoyed it, if yes show me your support by boosting the idea , and also hesitate not to ask for any question about any chart you want.
Peace
Aladdin
Bitcoin - Buy Buy BuyHello Traders, welcome to today's analysis of Bitcoin.
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Explanation of my video analysis:
In 2018 Bitcoin created an obvious resistance level at the $17.000 level. This was the all time high of the previous bullish cycle. In 2021 Bitcoin then broke above this structure and came back to retest it in 2022. So far Bitcoin is looking very bullish and it also just broke above another key structure mentioned in the analysis. If we get a retest I will be looking for longs.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.