BTCUSD and the new wave to 30Kthe king of crypto will start the wave up soon and the target as its in the chart 30K
i think BTCUSD finish the down move before the end if this year and even if there is more down will not be lower this 11 to 13K
the buy started since the JUN ,the blue area is the end as i expect
And that makes me think of two possibilities :
The first
that we have finished the bearish wave in June
The second
we are on the verge of the end and we will achieve 22000 and then return to point B the start the up move
please let me know what you think about it
Long-term
Creating MillionairesWell, some would call me crazy. But that's my long term view:
TQQQ made 200x since inception in February 2010 until his top in November 2021.
Now, in my opinion, we are in the middle of a Bear Market.
My expectation is that this Bear Market will last till December 22 until June 23.
After that the next Bull market should start.
My expectation for the Nasdaq 100 is to trade around 47.500 Points after this 10 Year Bull Market, which would take the TQQQ to around 1000.
This would equal a 100x from the Bear Market lows, which I expect around 10.
Of course no one can predict the future but I would also be happy with just 50x in 10 Years :D
And I really think that this is a possible scenario.
So here is my plan:
in December 2022 i will start investing all of my money into TQQQ.
For the next 5 years i will put everything into TQQQ too.
AND finally in 2034 I'm hopefully a multimillionaire.
See you guys in 2034 :D
(not a financial advise)
CHFJPY - Looking For Sell Setups ↘️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
CHFJPY has been overall bearish trading inside the falling broadening wedge pattern in red, and it is currently approaching the upper trendline.
Moreover, the zone 164.5 is a resistance zone.
🏹 So the highlighted purple circle is a strong area to look for sell setups as it is the intersection of the blue resistance and upper red trendline.
As per my trading style:
As CHFJPY approaches the purple circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
ITD Cementation ITD Cementation is trading at all time high. Stock is about to give breakout at all time high levels with good volumes. Also, the order book is also very strong. YOY profit and EPS are in increasing trend. It Can be good investment pick for long term.
May be Added at CMP or upto 200 levels for a targets of 300-350 with strict SL of 150.
Remember this is long term bet.
BTC Fundamentals and Long Term predictionsI'm horrible at technical analysis but the fundamentals of bitcoin are something I'm very familiar with.
Like rats on a Caribbean Island Bitcoin will experience a hyperbolic s-curve that levels off once it:
1 reaches global forex market saturation (1-10%)
2 approaches 21M limit
Along the way global economic events will create massive bubbles as collapsing economies convert fiat into cryto (presumably BTC).
As the average price of BTC gets higher, and the collapsing economy's size get biggers, FOMO will make theses bubbles bigger and bigger as well (Red triangles). This is good news though, more opportunity for profit ;D
When the S-curve starts to level off we might see something like this elenastreuding.files.wordpress.com
or this
www.google.com
Its gonna be a wild ride to the top and I hope everyone makes some good money; don't forget to take profit!
-Goonch
Further Reading: medium.com
PS - I'm mostly ignoring the first major bubble because of MTGOX shenanigans
NVDA ~ Long-Term Buyers ZoneNvidia ~ A beast of a company & Leader in the Semi-Conductors and Computer industry
NVDA Stock has fallen nearly 60% with the recent market downturn. Nvidia has came to levels now attractive to buyers and is finding some Long-Term Support dating back to TrendLines from Years ago & Previous Resistance Zone in the Fall / Winter of 2020/2021.
Though Nvidia had some bad news recently which has pushed it further in to this zone, long term outlook from the company has not changed one bit. As the Price of NVDA falls the value behind the stock only increases, with the p/e falling to near 35.
Earnings are continuously growing annually, and this company is a monster in Tech. Long Term outlook here is strong, and the Risk/Reward near these levels are optimal for Long-Term investors.
If NVDA Breaks Below its current demand Zone which I expect it to consolidate in, we could see a run down to $100 and then Pre-Pandemic Levels.
TTM_Squeeze also indicates bearish momentum fading on the stock.
Overall, my thesis for NVDA Long-Term (3-5 years) is strong and bullish for new fresh ATHs.
RIOT Long term price prediction.Monthly charts and the RSI needs to have a turn around to have any momentum up in the near future. I expect a strong September depending on global economic conditions. Trading in correlation and tagging along with BTC, I have illustrated the 3 cycles and drew a trendline for my prediction for the new ATH at cycles end. Long term options for 1/17/25 $86. Enjoy the ride.
NSE:CCL Products - Updated chart key levels 🎚You can check the previous updates
CCL Products Ltd (CCL) is in the business of converting raw coffee beans into instant coffee granules/powder. The company is not only
India’s largest coffee processor, but it has the world’s largest single location plant and has top private label instant coffee manufacturers
across the globe as its clients. While prima facie it looks like a commodity conversion business, unlike tea or other commodities, coffee
processing is a specialist job as the flavour and consistency has to be maintained batch after batch irrespective of the input quality or
grade. Not many companies have been successful in doing this and hence, globally, coffee business has very little competition and high
profitability.
Worldwide CCL’s coffee is being consumed at the rate of 1,000 cups per second. CCL exports its processed coffee to more than 90
countries and supports more than 250 brands with sustainable supplies — both quality and quantity. CCL has on offer more than 1000
recipes for the clients to choose from. It has a combined state-of-the-art manufacturing capacity of 35,000 MTPA, which is spread over
Duggirala (Guntur District of AP), Kuvvakolli (Chittoor District, AP), Switzerland, and Vietnam. Having succeeded in placing their coffee on
the world markets, CCL launched its ‘Continental Coffee’ brand for the Indian market, which should act as a major growth catalyst, going
ahead. With the help of its rich experience in the international markets, it has developed 250+ blends, claiming they are superior to its
competitors’ blends
Bought 12,811 Ada for the Long TermCardano provides a potential long term play that will benefit the holders as many other Cryptocurrency Scams come to light, they fail and many people are left wondering why cant I have a fair chance of picking winners. Cardano offers a chance to redeem your view on Cryptocurrency as Midnight launches. The old way of investing into Cryptocurrency was always about good projects. As stories like Logan Paul's NFT, DNP3's Clucoin, Memecoins, and the various Ponzi Scheme 1%, 10%, 20% daily scams that prey on people that are getting into Cryptocurrency. Even Crypto Exchanges are failing so move offchain.
"Midnight will be a data protection-based blockchain that safeguards sensitive commercial and personal data, protecting fundamental freedoms of association, commerce, and expression for developers, companies, and individuals."
Bought 12,811 Cardano for AVG. Price of $0.288 last month. I believe this is a let's fly moment for Bitcoin and Cardano.
INVESTMENT IDEA FOR HALAs we can see the stock breaks its trading channel consolidation after 7 months with heavy volume and takes the support of the channel and again it breaks its trading channel on 16th November with heavy volume as compared to the last breakout volume.
STOCK IS TRADING ABOVE 20 50 EMA RSI crossing 60 from below. RSI 65
Hindustan Aeronautics Gets an LOI (letter of intent) for Nine Helicopters from Indian Coast Guard
letter of intent (LOI)
A letter of intent (LOI) is a document outlining the general plans of an agreement between two or more parties before a legal agreement is finalized. A letter of intent is not a contract and cannot be legally enforced; however, it signifies a serious commitment from one involved party to another.
educational purposes only!
XRP - Critical Zone 👀Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
XRP has been stuck inside a big range between our 0.3 support and 0.6 resistance.
📈 For the bulls to take over from a MACRO perspective , we need a weekly candle close above 0.6
In this case, a movement till the 1.0 resistance would be expected.
📉 Meanwhile , 0.6 zone is acting as a resistance, hence if we break below 0.5 , we will expect further bearish movement.
Which scenario is more likely to happen next? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
MyMI Options Play - AMZN CallsAMZN has recently broken it's current downtrend channel as identified but has also broken above and found closure/support above the 50% retracement from the $180 ATHs that it saw back in Nov. 2021.
I haven't purchased my long-term opts on this yet to see if a reversal in the current market push due to NVDA and other AI-Based movements that are holding up the markets. I expect some retracement at some point and potentially back to $114. From there I will look at the support we find back at that 50% retracement level ($114) and look for a long-term hold to back to the $140-$145s (if not higher).
SPY in the long term is looking to be touching resistance
The bull run in 2020 was nothing more than a massive false breakout caused by artificial juicing of the markets by the FED and GOV.
From long term perspective, we see that SPY is current at the top of its regular trading range that was set back in 2009.
There has been a few false breakouts above and below the trend since 2009
The is showing the support and resistance trend lines are spreading appart over time indicating the market is clearly getting more volatile as time goes on.
BESI for the long run.As we can see on the chart, BESI has been moving within this long-term trend the past few years.
It recently has touched the lower trendline again which has been acting as support for a long time.
By looking at what BESI has done in the past few years and with those 2 trendlines in mind, we can expect BESI to be bullish for the next few years to come until it has reached the top trendline again.