Bitcoin is FAILING! Why is Bitcoin the worst investment.Bitcoin is the worst investment. Where is the lambo? The price of Bitcoin in 2017 was $20,000 and the current price is $68,000 in 2024, so after 7 years, the profit is very poor - only +240%. So where is the lambo and where is the moon all the influencers are talking about? Clearly, you have been scammed. And I am not talking about altcoins, because the majority are down by 95% from their peak and will continue to 99% or to zero (rug pull).
Crypto technology is not new and nothing special. This technology was brought to earth by alien entities. Crypto technology is already used on thousands of different planets in the galaxy. In fact, crypto is another version of the fiat money printing system.
Where is the moon for Bitcoin? Clearly no where because the moon is a hologram and humans never landed on it. It's a hugs scam by NASA. The landing on the moon was recorded on Earth. It's not possible to physically leave Earth with current technology because the Van Allen radiation belt would burn your body. It's possible with advanced spaceships, but this technology is hidden and intentionally not available. It's also possible to leave Earth after you die or during sleep/meditation in non-physical form.
So is Bitcoin bad? Bitcoin is just another form of fiat money. If you like high inflation and money printing, then you can support Bitcoin. Bitcoin is a computer program, and as any program in existence, it can be modified or rewritten. There is no such thing as a fixed supply; they can increase the supply without any issues.
Why was Bitcoin brought to earth? It's part of the total control program. First bring electricity to earth, then microchips (computers), then the internet, then blockchain and AI. This technology is completely incompatible with the human body and causes major issues, which you can see around you - almost everyone is ill or has some kind of sickness. Maybe you didn't know that 100 years ago, there was no cancer, no diabetes, no anxiety, no common cold, almost nothing.
Why are those alien entities? You probably heard about Greys, Reptilians, Draconians, Mantis, and Insectoids. When you look at them, you will notice their ugly appearance. They are very ugly by nature. Their intelligence is extremely low compared to humans, and they take instructions mostly from the AI. That means they lost control over themselves. You may say that their technology is advanced, but this is a deception. Their technology is based on unsuccessful design and architecture. In core, they are outdated and actually very stupid. What they do is drain your life energy during sleep and use it to feed their AI machines. They also manipulate your dreams, causing nightmares at night, manipulating your thoughts, and causing sleep paralysis. For each like, one alien dies! Hit the like/boost button now. Thanks that you help humanity! Write a comment with your altcoin, and I will make an analysis for you in response.
Fundamental Analysis
THE LEGEND: CANDLE SKEW ART TRADING “Every 5 candles reveal a directional shift—either up or down. The red skew label, starting at ‘1,’ marked the initial phases 1 and 2 wave crashes. My candle skew model projected a 5-candle downtrend starting from that first label. Observe how each downtrend phase aligned with significant price drops.
On the upside, each green skew signals a 5-candle uptrend, starting from the green label. The latest green sequence shows a powerful 5-candle rally, set to close on July 24, 2025. Notice the most recent green skew label with a long lower wick—a bullish signal and clear sign of rising momentum. There’s no red skew in sight, and with 1 day and 8 hours left, the next bullish candle is primed to bring a massive price wave.
If a skew color misaligns, it’s a reminder that no single signal operates alone. Price action, among other codes, is crucial for confirming trends. Each candle’s context must be meticulously analyzed to get the full picture. What I’m showing here isn’t just the details—it’s a view of the larger market forces at work, pointing to what lies ahead.”
Hidden Bullish Divergence: History in the MakingWe’re looking at a hidden divergence here, but what does it mean-bearish or bullish? Let’s analyze. In this case, we see the candlestick pattern showing a low followed by a higher low, while the RSI shows a low followed by an even lower low. This setup indicates strength beneath the surface, pointing to a hidden bullish divergence. Essentially, while price action suggests a slight downtrend, the RSI reveals underlying buying pressure, hinting at a potential bullish move ahead.
“There are two volatility contractions, each nearly aligned with two dark pool signals, forming a similar pattern.”
Don't trade emotionallyAt the moment, all instruments are showing significant movements.
This often leads to rushed and emotional decisions.
If you've decided not to trade during news events, wait for things to settle down and then look for the right opportunity.
If you do choose to trade at these times, strictly follow your risk management rules.
Today, there may be many surprises and misleading movements.
Don’t try to achieve everything in a single day; focus on long-term success!
Fundamental Market Analysis for November 6, 2024 EURUSDEvent to pay attention to today:
16:00 EET. EUR - ECB President Christine Lagarde Speaks
EURUSD:
The EUR/USD exchange rate is declining in Asian trading on Wednesday. The US dollar is gaining ground as voters favour former US President Donald Trump in the upcoming US presidential election.
The polls are now closing in 15 states, including Arizona, Michigan and Wisconsin. Mr. Trump is currently outperforming Mr. Biden in rural areas, while Ms. Harris is outperforming him in suburban areas. The strengthening of Trump's trade position is providing further support to the US dollar (USD) against the euro (EUR).
Steve Englander, head of G10 global currency research and North American macro strategy at Standard Chartered Bank in New York, commented, "At present, the outlook appears to favour Trump." Mr. Englander further noted that throughout October and early November, the Trump trade had favored a stronger dollar and higher yields.
The outcome of the US presidential election will be a key factor influencing the dollar's momentum this week. However, investors will be monitoring the Federal Reserve's (the Fed) monetary policy decision, which is scheduled for announcement on Thursday.
In Europe, positive Eurozone GDP data prompted traders to reduce their bets on a larger-than-usual interest rate cut at the December meeting. The market anticipates that the ECB will cut the deposit rate by the usual 25 basis points (bps) in December. nvestors will be keeping an eye on ECB President Christine Lagarde's speech on Wednesday.
Trading recommendation: Trading mainly by Sell orders from the current price level.
TSUNAMI PHASE 1 (BEACH TIME) Price over $80KPhase 1 (Beach time): While some of the retail traders are having a blast around the globe due to BITCOIN BEARISHNESS, it's time to hit the beach shore for a blast time.
Phase: 2 (EARTHQUAKE): many will wonder!
Phase: 3 (TSUNAMI WAVE): all will panic
1Mo timeframe shows PIVOT HIGH is next. Follow the pattern with cold hard facts. This isn't a failed rally because there is no indication here BITCOIN is headed to destruction, in fact, it's accompanied by a BULLISH HARAMI pattern. Once BITCOIN reaches PIVOT HIGH then comes the BOS.
THE ROCKET IS READY. It's waiting for BITCOIN to break resistance to start the rocket steam for liftoff.
My TRUE RANGE CANDLE INDICATOR is fully weighed by volume and so much more. It puts RSI out of business.
My reversal strategy works in a way to figure out a reversal based on MA's and PIVOT ZONES. It's been coded correctly for guidance which will not speculate but uses price action with a designed strategy
Please comment and like; thank you
Gbpusd signal GBP/USD offers its recent gains registered in the previous session, trading around 1.2940 during the Asian hours on Wednesday. The pair depreciates as the US Dollar gains momentum on strengthening Trump trades as the voting favored Republican candidate Donald Trump in the US presidential election
The Relative Strength Index (RSI) indicator on the 4-hour chart holds above 50 but GBP/USD is yet to flip the 100-day Simple Moving Average (SMA), currently located at 1.2980, into support, suggesting that buyers remain hesitant.
This pair si still very bullish, if I get this price I will...go long below these lows in the inverted fair value gaps overlapped by FVG.
If we get the confirmation, I will be looking to position myself with my students and followers as highlighted on the chart.
Accumulation / Manipulation / Distribution
- No liquidity raid = No trade
- Never buy high and never sell low
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
Dave FX Hunter ⚔
Will USDCAD Fill Its Gap?USDCAD, like many other currency pairs on the USD, has still not closed its NWOG. On the contrary: in view of today's US elections, the exchange rate has fallen further.
With the political decision imminent and important support areas reached, there is now a favorable opportunity for a long entry in the USDCAD targeting the gap close.
Bitcoin monthly analysisBitcoin will have targets with a price higher than $80,000, and as I stated in the previous analysis, Bitcoin will have to suffer and be priced steadily for 6 months, but at the end, we are close to it at this moment. , the price will increase, in this analysis, I target $74,000 to $75,000 for the first price increase.
Sasha Charkhchian
Sell EUR/GBP Channel BreakoutThe EUR/GBP pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 0.8392, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 0.8340
2nd Support – 0.8305
Stop-Loss: To manage risk, place a stop-loss order above 0.8422. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
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Best Regards, KABHI FOREX TRADING
Thank you.
DAILY ANALYSIS - XAUUSD (WED, 6th NOVEMBER 2024)Bias: Bullish
USD News:
-Presidential Election
Analysis:
-Previous daily candle closed as strong bullish
-Retracement started from 0.236 fib level
-Looking for BUY if there's confirmation on lower timeframe
-Pivot point: 2720
Disclaimer:
This analysis is from a personal point of view, always conduct on your own research before making any trading decisions as the analysis do not guarantee complete accuracy.
US ELECTION AND GLOBAL
Trading strategies related to the global market and the U.S. election can be shaped by a combination of political risks, market sentiment, and macroeconomic trends. Here's a breakdown of potential trading ideas:
1. Election-Related Volatility Plays
Volatility Index (VIX): Election periods are often marked by increased uncertainty, which can drive up the VIX (a measure of market volatility). Traders can consider buying VIX-related instruments or options as a hedge against volatility.
Short-Term Options: You might see heightened implied volatility leading up to the election, especially if the race is close or contentious. Trading short-term options strategies like straddles or strangles could benefit from large price movements during the final weeks of the election.
2. Sector Rotation Based on Election Outcome
Energy and Infrastructure: The U.S. election could heavily influence sectors like energy and infrastructure, depending on the policies of the candidates. A candidate with a pro-oil stance might boost energy stocks, while those favoring clean energy and infrastructure could benefit companies in the renewable energy sector or construction.
Strategy: Long positions in energy ETFs (e.g., XLE) or renewable energy ETFs (e.g., ICLN) based on the election's projected outcome.
Healthcare: Healthcare and pharmaceutical stocks are sensitive to political changes, especially when it comes to health policies, drug pricing, and healthcare reform.
Strategy: Consider using options or ETFs like XLV or VHT if healthcare is a major policy issue.
3. Interest Rate Sensitivity and Inflation Hedge
The Federal Reserve’s stance could change depending on the incoming president. If inflation remains a key issue, a hawkish Federal Reserve could continue raising rates. This would likely affect sectors like real estate and consumer discretionary while benefiting financial stocks.
Strategy: Long financial stocks or ETFs (e.g., XLF) if you're expecting a hawkish Fed post-election.
Treasury Bonds & TIPS: If inflation concerns linger or the election leads to fiscal policies that increase government spending, Treasury Inflation-Protected Securities (TIPS) could see demand, especially if investors worry about long-term inflation risks.
Strategy: Buying TIPS or inflation-sensitive assets.
4. Global Equity Market Impact
Trade and Geopolitics: A change in U.S. leadership can influence global trade policies, tariffs, and relationships with major trade partners like China, the EU, or Latin American countries. Depending on the anticipated policy shift, emerging markets (EM) could either gain or lose favor.
Strategy: If you anticipate a more protectionist or anti-globalization approach, consider shorting emerging market ETFs (e.g., EEM, VWO) or looking into defensive sectors (e.g., utilities, consumer staples).
5. Currency and Commodity Plays
USD Impact: U.S. election outcomes can also affect the U.S. dollar. A more market-friendly candidate may strengthen the dollar, while a candidate seen as unfavorable for business could weaken it. Watch currency pairs such as EUR/USD, GBP/USD, and USD/JPY.
Strategy: Depending on your election expectations, take positions in currency ETFs or futures for the USD or foreign currencies.
Gold and Precious Metals: Historically, gold has been seen as a safe haven during times of political uncertainty. If the election brings heightened risk or a change in U.S. monetary policy, gold could see inflows.
Strategy: Long gold (GLD) or silver (SLV) ahead of the election if you anticipate market uncertainty.
6. Post-Election Policy Momentum
After the election, the market will likely react to the newly elected president's agenda. If the winning candidate is seen as business-friendly, expect a potential rally in risk assets. On the flip side, if the winner is expected to implement restrictive policies, sectors like tech and biotech may see a decline, while defensive stocks might outperform.
Strategy: Build a diversified portfolio that hedges against either outcome, using options strategies, ETFs, or futures.
7. Technology and Innovation Plays
Technology stocks tend to thrive under pro-business policies and tax cuts, especially in sectors like cloud computing, AI, and EVs. Depending on the election outcome, you may want to shift your focus on these.
Strategy: Consider ETFs like XLK (technology sector) or individual stocks like NVIDIA, Microsoft, and Alphabet.
8. Demographic Shifts and Policy Impact
Pay attention to policies regarding taxes, healthcare, education, and social security, as these can have significant impacts on consumer spending and long-term trends.
Strategy: Long consumer staples or dividend-paying stocks, which tend to perform well in uncertain environments.
9. Geopolitical Risk Management
The U.S. election could shift the country's foreign policy focus. This may affect geopolitical stability, especially in regions like the Middle East, Asia, and Europe.
Strategy: Adjust global equity exposure or look into geopolitical risk ETFs (e.g., EWZ for Brazil, or EEM for emerging markets) depending on the candidate’s stance on foreign policy.
Summary:
In short, U.S. elections create significant market uncertainty, but this also offers opportunities for traders who can stay ahead of the game. Key strategies should focus on volatility, sector rotation, global macroeconomic shifts, and hedging against political risks. Active management, including the use of options, ETFs, and futures, can help capitalize on short-term movements while hedging for longer-term political and economic changes.
USDJPY Is Bouncing Toward The NWOGLike many other currency pairs on the US dollar, USDJPY also opened with a downgap this week. This was still not closed and turned out to be a break-away gap with further price losses. The upcoming decision in the race for the US presidency is likely to be accompanied by high volatility. We expect USDJPY to close its gap soon. This assumption is also based on the fact that the price reacted with a bounce after reaching a Fibonacci retracement at 151.36.
PAYTM Ascending triangle PatternPaytm Daily Chart Analysis
This daily chart of ONE 97 Communications Ltd (Paytm) shows a strong uptrend with prices consistently following an ascending trendline, forming a triangle pattern with higher lows. The stock is currently testing the resistance zone around ₹780 - ₹790, which aligns with previous rejections.
Key Observations:
1. Triangle Pattern Formation: A triangle pattern is forming as the price consolidates within narrowing boundaries, indicating a possible breakout soon. The lower trendline has acted as strong support throughout this rally.
2. EMA Support: The price is trading above the 13, 48, and 200 EMA levels, signaling a bullish sentiment. These EMAs have provided reliable support, reinforcing the ongoing uptrend.
3. Volume Analysis: There is steady volume, with spikes on green days, suggesting accumulation. This volume behavior often precedes a breakout, where a significant volume increase can confirm the direction.
4. Resistance Levels: The key resistance levels to watch are ₹790 and ₹803. A breakout above these levels, especially with high volume, could push the stock into new highs.
5. Potential Scenarios:
• Bullish Breakout: If the price closes above ₹790 with strong volume, it may lead to a breakout, targeting ₹850 and higher.
• Reversal Scenario: If it fails to break ₹790 and reverses, it may retest the support around ₹748. A breakdown below this support could lead to further downside toward ₹700 or lower.
RSI: The RSI is around 59, indicating mild bullish momentum. Watch for an RSI break above 60 to confirm strength on a potential breakout.
Summary: Paytm’s price action suggests a high probability of a breakout. Traders should watch for a close above ₹790 for confirmation. Maintain caution around resistance and support levels, as a failed breakout could lead to a pullback.
Disclaimer: This analysis is for educational purposes only and should not be considered as financial or trading advice. Please conduct your own research or consult a financial advisor before making any trading decisions.