Oil outlookDemand on oil will remain unchanged during year 2022 as economies recover from COVID-19 pandemic, prices will rise up as economies try to push above 2019 numbers.
But this rise in prices will be managed by supply distributions as long term high oil prices harm production prices and a lot of economies, supply will increase to stabilize prices.
Chart say supply zone around 100 dollars, and now the price move in rising wedge completing three up moves of it, correction to down side and then a rise is the most probable thing.
Remember we trade the chart not the economy, fundamentals and micros give us sense of the long term direction, but it tells nothing about the future price movement.
Future
RIDE this RIDE?I know very little about this company. What I do like is the price action and pattern I am seeing. I have seen this giant broadening pattern many times over the last few years and they are extremely powerful. However, they are not easy to trade. The descending nature of the lower trendline make it difficult to catch a bottom. What I prefer to do is use patience and nibble at the extreme drops and think BIG PICTURE. Personally, I am nibbling on this one now and will treat it as a speculative but longer term swing trade perhaps with CALL OPTIONS out for 2023.
Autodesk analysis : selling signalAdsk breaks the moving average with a scary volume + and a big diffrence in price between the closing of the market on 23 Nov and the opening on 24 Nov .
the ADSK value wil plunged to reach the 215.83 support. and then we will discus the possibilty of the breking or not-breaking the support
Possible ADA inverted head and shoulders scenario "LONG"Chainlink has been on a downward move for too long. It has now started to make higher highs and I expect it to reach $2-$2.50 by the beginning of January 2021, as long as we don't get another liquidation dump. I am seeing an inverted Head and shoulder patter starting to forming with can bring up to a previous all time high or a new all time high over $3-$4 dollars. Just my opinion and nothing more. Good luck and Happy Trading.
KardiaChain LongKardiaChain is the first decentralised and self operating blockchain infrastructures.
They aim to link and bridge various blockchains and allow for ease of data transfer between blockchains.
Harnessing the power of the youth and their ability to absorb and develop with technology, and through this KardiaChain will support start up businesses whilst providing an infrastructural standard that connects vietnam to the rest of the world and even in some places pioneering the move to digital/metaverse territory.
Looking at the chart, I have kept the indicators to a minimum which is Fibonacci, RSI and MACD.
Having seen the recent decline of BTC over the last month, cryptos will rise and significantly in the new year as jobs become more scarce in reality and an increase surge in vacancies in the digital and blockchain industries.
With the introduction of enterprise and business solutions, KardiaChain has a lot of growing room especially with the roll out of the metaverse.
KAI has risen twice above 15 cents, showing promising stability with more usage. The RSI and MACD both suggest a new high is coming.
KAI has so many possibilities and depending on how the masses choose to adopt its usage will be very interesting to observe as time goes on.
Long on Pivot Token The crypto industry is one that will make so many people wealthy, and all you have to do is HODL (Save).
Pivot Token has been heavily invested in by Binance Smart Labs and they hope to make a blockchain, social space and trading platform in one.
Pivot has a few issues with their website, their transparency, yet they still seem to be moving in the markets.
The concept is one that is quite promising if they can sort out their slight issues.
Observing the chart here we are using our usual indicators. Fibonacci, RSI and MACD.
From the chart, PIVOT is at its lowest is has ever been, and I believe this is due to the heavy investments of Binance, along with the issues on their websites, and community.
Binance being a known centralised exchange of course deters trust and confidence, ultimately undermining the origins and reason for the blockchain, nonetheless, the masses seem to be adopting it.
As we are right at the beginning of the cryptosphere, almost all cryptos purchased TODAY! will result in substantial windfall.
The cycle of life as we have seen in history is recession and progression, with this in mind we will find crypto to increase in usage regardless of its utility over the next 10, 20, 50, 100 and 1000 years.
Pivot fulfils multiple issues and presents some innovative ideas that can be improved on and developed. A value less than 1/10 of a cent, purchasing now and having the value rise to just 1 cent will mean a profit margin of 1000x.
This is an opportunity, nonetheless a risky one, so we take a long term view on this token.
S&P500 History repeats.. movements are not casual! BullishHi All, my main 3 take-outs from this analysis are the following:
1- 100 Moving Average is still working well as dynamic support and prices are bouncing from there aheading to 4,700
2- It is realistic to think that beginning of 2022 might start with a retracement still towards the support sitting at 4,550, with a movement that might bring to the formation of a lateral continuation channel, but in my opinio the asset is well familiar with this kind of movement and my next closets target would be 4,700.
3- Once the price reaches 4,700 I would count on an extension of the movement towards 4,900, also with the help of Fibanocci extension of the previous upward leg
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
BTC My Humble Future Price Prediction In this idea i want to present how i personally see the price of BTC to behave especially after the abc retracement and alt season. Price will of course behave much differently than of what is shown on the chart, also from the time perspective. The main purpose of this is to show that this bear market can last much longer and get MUCH deeper.
Usually btc is expected to eventually correct down into the 13-15k, which would be the normal 85% correction from its ATH, but..... i know you gonna hate what i am about to say ...
Right now it is absurd to think btc can see 2.5k at one point in time, but let me tell you this... btc has never experienced REAL stock bear market. Usually during the btc bear markets, the stock market went sideways more or less, then up again as btc went on the bull run. Dow is expected to collapse below 2008 financial crisis (explained in previous ideas abot DJI) like it did in 1929 where it went below 1921 bottom (now days 2008). Till then it is yet to be seen what will happen to crypto if all this is to play out in the future. I would personally see this as the best investment opportunity of our lifetime.
Stay safe.
I am not a financial advisor so non of this should be taken as a financial advise.
BITSTAMP:BTCUSD
KEEPUSDT Long position (Future)Fib 61.8
Sma 100
Price above Bullish Trendline
Target = 11% Long
+Disclaimer
This is not financial advice.
The content of this analysis is subject to change at any time without notice
Green color on silverAs I noticed in previous ideas about Gold including: lower DXY, new covid variant and inflation rate makes yellow metal be a safer investment nowadays both for future contracts and holders.as consequence of correlation between Gold and Silver and some technical factors that Im gonna mention follow, I see Silver in a bullish manner.
Silver is on 100days moving average and when you look at previous times interactions we can see that it acts good like support and resistance plus Silver is on support key that makes it to have a rebound from here beside silver is on good uptrend.
don't forget the money management comment your idea.
Thank you(:
Bullish movement expected in XauusdMOEX:XAUUSD_SPT despite to covid19 new variant it is proved that gold followed with a bullish movement in previous cases as traders in previous lockdowns see yellow metal as a safe investment and there are other factors that makes gold jump and see higher prices than before including: the inflation rate is concerned in accordance with feds announcement and as a matter of fact traders shift in long position in gold . the other fact is: about 350k long contracts have been set since nov 11th
technically:we have an uptrend and bottom of that is about 1780-1785 beside, gold settled above the previous price since oct 2012.
finally guys I'm looking forward to the price focus on good price entry and be careful of your stop losses.
BTC Looking ForwardBTC has been ranging after the fall from 69k which has been great for ALTS, rather it's been great for METAVERSE tokens (SAND, MANA I'm looking at y'all). Looking forward, this weekend the general sentiment is that due to holiday in the states and it being the weekend, a dump further to 53-52 is imminent. I'm picking up big 38k vibes. While there are untouched POC's down in that region, and quite a large gap in 53-52 that would love to be filled in that volume distribution, there are also POC's above the current price that I think BTC is aiming for first. I can see another touch of 55 from here then fill out 65-67 leaving everyone longing for that 69 ATH, before retracing back to the lower 50's, 47.5 being a very strong support and my price in which i stay bullish leaning until broken.