Hey all! I've been looking at long term charts for quite a while, trying to find some pattern to help me identify and find the dreaded "price bottom" everyone longs for. Here's a model/pattern I've found out in the chart, which eerily seems to be accurate across past cycles, and we just yet might be finishing it off as well this time. There are several predicates...
(W) Chrt Anlyss/Current Opportunity & Longterm View with 4$rule for New Comer's. Aug 3rd week Price Rejection at 1808 from weekly low of 1681, where Bullish run was from 1681 to 1808 = 127$ Opportunity arise after bullish rejection with Bearish Trend For :- 1st Tp at 1729 2nd Tp at 1711 3rd Tp at 1690 With Hedge point at 1752 ( Strong Major Support is...
Study the greek economy & politics from the period 1990-2012 and you might find a lot of similarities with that is currently happening in the US. Greece experienced a credit boom from 1990-2008, people however were living above their means. We faced the biggest bubble in Greece's economic history during the 1999 when everybody was playing the stock market! and i...
This is my Bitcoin Bullrun Roadmap for the coming months. Validation condition: - bottom line of the trendline must hold My BTC Targets: 🎯 December: $82.1k 📉Correction to $65k 🎯 January: $99.6k -> 📉Correction to $75k-$80k 🎯Cycle Top: $140k-$160k in March/April
Looking to short EG from 0.84750 4H timeframe confluences: *Intra-day bullish momentum has been broken with a strong push to the downside. *0.84750 key level has been broken; however, the market has not yet retested this level for further downside. *As there has been a shift in momentum, I am favouring short positions only. *A pullback to 0.84750 to enter a short...
This monthly gold chart demonstrates the beauty of using simple trend line for accurate technical analysis in long term chart, as the old sayings go "Simple is the best, Less is more." Gold is at the critical junction at the moment. It looks like it will have a breakout of the bullish flag formation ( the descending broadening wedge), or it will fail here and...
Unlike my previous Alternative Pi Cycle Top, I coded the multiplier (the # after close) to be multiplied by pi. Once I added a Pi Multiplier to the same moving averages as previous, I realized it then moved so that the 79 day MA (pi*25) x pi corresponded to the 2014 double peak, and following a 2x to the length of the moving average each market cycle gives you a...
Contract - CME_MINI:NQZ2021 - PR High: 14712.75 - PR Low: 14687.00 Evening Stats - Gap: = N/A - Session Open ATR: 220.88 - Volume: 57k - Open Int: 225k - Trend Grade: Neutral - From ATH: -7.0% (Rounded) Key Levels (Rounded - Think of these as a range) - Long: 15819 - Mid: 15247 - Short: 14676 Keep in mind this is not speculation or a prediction. Only a...
in my opinion , according to crash in the 2017 ... if the price break the 30000$ gonna touch the up trend channel and then will bounce up ... every thing is clear in chart. hope you like it... leave a comment bellow if u have any opinion ... tnx indeed
$alts #Altseason #Cryptos Update long term crypto market analysis (#total2 ) *Double top 1: Wave 3 of main cycle, end of 4 years repetitive cycle (Novembre 1-15). *Double top 2: Wave 5, end of lengthening cycle (June 2022-June 2023). *Final target: between 0,382 and 0,5 of last cycle.
GLD is a fund that reflects the price of gold . It has a direct correlation with the underlying. When the price of gold increases, that of the fund increases, while when the price of gold decreases, the price of the fund decreases. It is a highly protective asset that helps diversify portfolio risk. It has a long-term bullish statistical bias and is particularly...
If you like this idea, like it and follow me for more. Colour key: Blue = Monthly, Pink = Weekly As you can see, I've drawn out some supply and demand (S&D) zones from the monthly timeframe, as well as key support and resistance (S&R) levels from the weekly timeframe. I've also drawn a wedge trendline pattern from the weekly. My long-term bias for gold is quite...
Don't blink and eye the BULLS have it this around maybe slow but trust us it surely get their . The pair has had its share of the Elliott wave count added with the truncated 5 which came in a parcel (false breakout) completely completing the 9wave Switch over to the lower TF to spot your entries
Gold has just pushed down into our 1750 target area from the earlier post. Now we do expect to see some accumulation at this area before a mark up higher to our longterm projections. Wait and see how the accumulation phase plays out before trying to get in long, especially after the strong sell off we just experienced. - Price pushed back into our 1700 - 1800...
In a market where most stock valuations have skyrocketed to Mars, Lumen Technologies is one of the bright exceptions, being perhaps one of the safest investments available, for the investor to sleep soundly at night. LUMN has great fundamentals and is a much underestimated VALUE STOCK, ready to change the declining trend of many years to rising. In an article...
AT THE BEGINNING OF THE MARKET: SELL LIMIT: 1945 Final TP: 1400 BUY LIMIT: 1400 Final TP: 5200 SELL LIMIT: 5200 Final TP: 800 Guys, if you want to predict the future, you have to STUDY a lot... "Dust off your study books, and STUDY". Just that!
Hello fellas, before we start over with this new chart work of bitcoin analysis, I would like to say Happy New Year of 2020 I hope we can be a better in every aspects of this coming year and if we do make a failure back at 2019, I would like to apologize for it too. So, let's get back to the point and because today is a very special day which we are approaching...
Welcome everybody, I hope you guys find something here you can use long term in your own trading. This is my long term BTC chart. It is pretty simple, I just want to sit and relax and wait for the bottom to be hit and formed. Then the fun part starts scoping cheap bitcoin and alt-coins for some fun 10-20x increases long term. Alt-coins follow btc most of...