BTCUSD: Targeting $146,387.66 According to Volatility IndexesBVOL (Realized BTC Volatility) has a huge gap implying an eventual 758% Upside within the index while at the sametime DVOL (Implied BTC Volatility) has a Bearish 3 Line Strike which is a very Bullish Pattern implying upside in it aswell. The last time BVOL rallied by 615% it was coupled with BTC itself going up about 610%. Applying that same logic to the current price action; If BVOL goes up 758% then BTC will go up about 750% from where it was which would take us all the way up to a macro target of about $146,387.66
Macro
3/27/2023 (Monday) SPY Analysis and Market Deep DiveMonday 3/27/2023 - In this Video I discuss The technical analysis of the SPY ETF which is a proxy the S&P500 that is often a tell on general market movements. I also discuss broader market Macros I have been watching including last week's and next weeks economic events. We also discuss some recession indicators, and other charts that show headwinds and tailwinds to equities.
In the Trading View App, You can use the links below and hit play, so you can see the action from the dates the charts were published. I will keep this going so we can follow outcomes to analysis!
KCN facing resistanceMonth chart -
facing huge resistance @ $2.01
I;ll wait for a close above $2.01 so i can average up.
Day chart -
triangle setup has broken to the upside
but wait for $2.01- 3 to clear for confirmation.
no need to rush this trade.
both long and short term charts looking bullish
and GOLD will head higher as the Fed will keep
monetary policy loose. Fed funds rates will rise
but cheap money is still buying up those
Govt bonds.
the FOOT is on both the BRAKE + THROTTLE.
in the end the car will wear out and the market will implode.
BTC Long Term view for this CycleAccumulation and distribution (tops) marked on BTC's history. By this logic there could be a $180k btc in Jan 2025 (28 months from now). Let's hope!
-RSI marks tops and bottom pretty well, same sort of level each cycle
-According to this logic 17k was the bottom for bitcoin, but we don't know how it fairs in a recessionary environment. I will probably bid in September as that tends to be the worst month for ES.
Bitcoin Log Curve Intersection as Macro Top IdeaBitcoin Log Curve Intersection as Macro Top Idea - Another idea to see how it goes, general premise being the top for this cycle will be an underside retest of the log growth curve indicator that failed in this current bear market. Or maybe multiple tops.
03/20/2023 (Monday) SPY and Market Analysis and Deep Dive into cIn this Video I discuss The technical analysis of the SPY ETF which is a proxy the S&P500 that is often a tell on general market movements. I also discuss broader market Macros I have been watching including last week's and next weeks economic events. We also discuss some recession indicators, and other charts that show headwinds and tailwinds to equities.
You can use the links below and hit play to see the progression of these indicators from when I initially published them.
Please remember to like and subscribe in You Tube or Follow and Boost In Trading View. The feedback is very welcome also.
$SPY When bullish meets bearishWhen #Bearish meets #Bullish
Looking for a run up or upwards chop based on $CS bailout and liquidity injection.
VIX needs to close above golden TL for further downside, but may need to cool off.
I'm watching $SPY and $VIX for ideal setups to initiate a short.
No guarantees on the outlook, but I'm cautious and expecting temporarily long movement.
Bitcoin is about to confirm the beginning of a bull marketAnything that follows is not to be taken as financial advice.
This is the weekly index chart for BTCUSD, and the moving averages you see in the picture are a 55EMA and a 200EMA, the only two EMAs I care about for calling death and golden crosses.
On lower timeframes such as the 4H and the 1D, you'll notice that when they get close to each other to form a cross, more than just sometimes a fakeout happens.
A fakeout, implies price action closing in the opposite direction relative to the EMAs, and when that happens, what you get is usually an explosive move.
Go apply these EMAs on charts such as ETHBTC (Binance) on the 1D and you'll see what I mean, that being just one example.
I think a proper fakeout is just as powerful - if not more - as a textbook cross itself.
Once again, confirmation will be had with a close above both the 55EMA and the 200EMA.
With that happening, BTCUSD would also see a big range break, closing above any high printed since july of last year.
Meaning I'd be comfortable calling it the start of a new bull market.
Good luck.
BTC - Strong Rejection Ahead ❗️Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
🗒 As per my last educational post (attached on the chart), we know that the bulls will take over if we break above the falling flag #4
📌 BTC is now approaching a strong rejection in orange:
1- Round number 30,000
2- Classic Support Zone Turned Resistance
3- Supply zone
Hence we will be expecting the bears to take over around 30,000 for a correction before the bulls take full control again and break above it.
For the bulls to take over from a Marco perspective , we need a break above 32,500
🏹 Which scenario do you think is more likely to happen first? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BTC up or down?BTC currently around $27k
Bullish case:
-Price above 200w SMA and 200d EMA (purple)
-Shorter EMAs pointing up (bullish momentum). (soft pink and pink)
-Price and moving averages above Bull Market Support Bands (red/green band)
-Log Scale downtrend breakout (orange dashed line)
-Possible new macro-uptred?
Bearish case:
-Major resistance to be broken around $30k (red area)
-Price stopped exactly at 800d EMA (gray line)
-big bearish divergence on Daily
-pumped too hard in too fast (fomo buys, no strong foundation to support the rally)
-needs to previous resistance to confirm new support (white area) which would also confirm the orange dashed downtrend to have flipped support
Major Resistance and ConfluencesBTC currently around $27k
Bullish case:
-Price above 200w SMA and 200d EMA (purple)
-Shorter EMAs pointing up (bullish momentum). (soft pink and pink)
-Price and moving averages above Bull Market Support Bands (red/green band)
-Log Scale downtrend breakout (orange dashed line)
-Possible new macro-uptred?
Bearish case:
-Major resistance to be broken around $30k (red area)
-Price stopped exactly at 800d EMA (gray line)
-big bearish divergence on Daily
-pumped too hard in too fast (fomo buys, no strong foundation to support the rally)
-needs to previous resistance to confirm new support (white area) which would also confirm the orange dashed downtrend to have flipped support
BTC - Where we've been, and where we're likely headed.What an exciting ride it's been in Macro Markets lately! If you're into S&M; that is. I've long said, thanks to Luke Gromen, BTC is our best Liquidity Gauge in markets. And BTC hasn't failed us this time either. It sniffed out a change in tides, well before any other asset in markets.
Where we've been....
1) BTC on the Weekly chart puts in a beautiful, textbook "Bullish Divergence".
2) BTC closes on the Weekly, above the Kijun, and with High Volume (Green candle, not color, the 'g' below it; indicating high volume and high price movement : Bill Williams theory)
3)BTC breaks above the Descending Forecast Line (Orange Dotted) from our 69k ATH! This is HUGE. I took profits on Longs here, as generally speaking, the first touch of a Forecast Line rejects. We proceeded to grind down the Forecast Line (on the upside of it), and this week have broken back out to the Upside, consequently also breaking through the new Forecast Line made by our original piercing/pullback of the 69k Line.
This is all beautifully Bullish, and as I said...was indicative of BTC sniffing out a Pause/Pivot/Trouble in the FED's "tightening" scheme. It will definitely be interesting to see what Powell does re: Rate Hikes in a few days.
So here we are, breaking through many "resistance" areas, and now sitting just below this very thick Cloud. A pullback to the Ascending Forecast Line (from the 15,xxx Lows) would not surprise me, and would likely represent a perfect Buying Opportunity (currently 19,2xx and rising).
Where we're likely headed....
4) The 32-33k region has a very flat Kijun and SSB, a likely candidate for a Target on running Liquidity/Pausing/Resistance.
5) The current Monthly Kijun as well as ~~Weekly SSB around 42,2xx would be the next higher target.
6) Followed by the 69k ATH Monthly Forecast Line (Red Dotted Descending) currently > 50k and descending.
Unless Global Macro forces change suddenly, and the FED decides to ramp rates much higher ( I don't see this happening ), I see Medium to Long Term upside for BTC, and Dips are for buying.
As always, good luck, have fun, and practice solid risk management.
Triple Bottom On TDOC, LongTriple Bottom on TDOC, have no clue what these people do but I know when macro changes this dogshit will pump more then the rest. At home doctor narrative coming back of course. Market makers just keeping it from going to zero now with classic patterns, I will start dipping my toe for long term cap gains swing positions on this move.
SIVB drop of 60% in one dayWhile everyone, including FED, is assuring that banks are adequately capitalised and there is nothing to worry about.
These are not good signs.
Manage your portfolio risk.
Bitcoin - 2023 SPRING PLANSpring plan - on account the bottom holds over the next few months, this is how I see it developing.
- Macro reclaim of 20k gets tested over the next month(s)
- Dips into green zone are ideal entry points (zoom in on LTF for setups/invalidations)
- MACRO invalidation below 17.1k and signs of weakness in green + reaction to 20k level will be warning signs
- Pushes up past the currently swept highs - to prior lost structure from march/april 2022 at ~33k
I don't see much macro resistance in the way until 33k.
The assumption here is that the low is in, for now, and this rally will cool off before continuing up.
What do you think?
Vatsik
The market is at critical supportI multiplied SPY, DOW, Nasdaq and TLT together to get a broad picture of the state of the US market and have noticed this channel here.
We are now at a critical bounce area established by the covid bottom and 08 bottom. If it doesn't hold this, then to me it would be safe to assume that this decade long trend is over and it will be reshaped into a new trend after lots of pain just like in 08.
I'm obviously hoping for the yellow line to play out, but it will requite lots of competence from the leaders of the banks and the world to get it in that direction, competence that seems to no longer exist.
If you look at raw material charts like steel, wood or even gold and silver, one would assume the deflation goal has been reached. However, the FED's real goal has never been to fight inflation , but to fight low unemployment, because businesses would rather do share buybacks than invest in their employees.
thehill.com
And we haven't seen news of mass layoffs yet, or government bailouts of failing companies, so Powell's thirst for homelessness hasn't yet been quenched.
You can also see that CPIAUCSL has flat-lined since May and the last time it did this after a big ramp up was just before the huge waterfall in 08. I'm not sure how much stake to put in that correlation though, since it has only happened once on the chart. It still is something to be concerned about though.
UK has reached their pressure limit yesterday, so there's some bullish news. As the UK starts QE, it should put pressure on Powell to give up his tough guy act after messing up so badly in 2020-21 with the endless money printing.
If this support fails, I think something like this chart I made earlier will be the more accurate one:
This chart uses similar calculations, but instead divides by US10Y instead of multiplying by TLT, this gave me more data to work with, but also changed the chart a little bit to show more bearish possibilities.
But I think this is generally a really safe spot to start going long for a bounce and then just keep a stop below the thick support line. Interestingly, the darker blue line and thick blue line are acting as support at the exact same spot. I always find coincidences like that in charts interesting and to me usually means there's even more support there than just one line.
We can't get 100% bullish until that orange megaphone resistance is broken though, so keep that in mind.
Thanks for reading and good luck out there.
NAS100 Macro ThesisHello Traders I have become very fond of the higher time frames. After 4 years plus experience you do everything you can to drown out the noise.
This is a macro thesis but will allow you to feel confident in playing one side of the market for the coming months.
We must wait for the DXY to Retrace before this potential thesis hits its breaker trigger!
Happy trading safe trading everyone!
DXY-- Who's ready? >:) [Candle Alt. Version]Enjoy the ride everyone. Should be a fun year in this high volatility zone.
IYKYK, "makes sense, right?", etc. blah, blah.
Received some news letters on CMF's this week from investment affiliates.
Be sure to see what the 95 is being fed as we approach Q1/Q2.
3 Major talking points seem to be trending.
As always, happy trading, and good luck!
DXY-- Who's ready? >:)Enjoy the ride everyone. Should be a fun year in this high volatility zone.
IYKYK, "makes sense, right?", etc. blah, blah.
Received some news letters on CMF's this week from investment affiliates.
Be sure to see what the 95 is being fed as we approach Q1/Q2.
3 Major talking points seem to be trending.
As always, happy trading, and good luck!
MACRO BOTTOMSWHY?
I worked lately on finding the macro tops and bottoms. The reason why was to always have macro signals in mind before deciding to buy/sell a single stock as the macro always influences the price trend for individual stocks. This idea talks only about the Macro bottoms. Be on the look out later for finding Macro Tops!
HOW?
You can see when the first buy signal (GREEN TRIANGLE-UP) is flashed, it indicates the start of bull trend is looming around the corner. When you get the second buy signal (GREEN DIAMOND) , it indicates the start of a bull trend in all the bear markets.
PREDICTION?
We have now got the (GREEN TRIANGLE-UP) first Buy signal . This could indicate the bull trend could be around the corner. BUT, we still need to wait for the (GREEN DIAMOND) second buy signal to confirm the bull trend. Usually in a week or max 4 weeks from the first buy signal , we probably can expect the second buy signal to flash. Well, since it has been two weeks since the first buy signal has flashed, based on past history, there is a probability for the second buy signal to flash by March 17, 2023.
If the second buy signal does not flash by March 17, 2023. Then, I think we should wait until we get the second buy signal for the bear market to be over.
Do you think we will get the second signal by March 17, 2023?
Macro and crypto: What should traders and investors expect?Hello, everyone! Today we would like to discuss macro and crypto, what affects that, what depends on that and what to expect from the market and when the new bull cycle will start
A LITTLE BIT OF THEORY
1. US PMI (Purchasing Managers Index) – macroeconomic indicator that shows the level of business activity.
2. DGS 1&5 – average 1 and 5 year US Treasury yield.
3. FED Funds Rate – the interest rate at which U.S. banks lend their excess reserves for short terms to other banks.
Let’s figure out what's GOOD and what's BAD for the crypto market
1. PMI
Values above 50 are a good sign, the economy is growing, markets have more liquidity.
Values below 50 are a bad sign, the economy is shrinking, there is less and less liquidity in the market.
2. DGS 1/5
High rates are bad, people are used to investing where there is a clear yield and clear rules for receiving returns, where there is less risk.
Low rates are good, bonds do not bring profitability, people are forced to choose more profitable, and therefore risky instruments for the preservation and multiplication of capital
3. FED Funds Rate
High rates are bad, the interest on capital and liquidity is becoming more and more, the required level of profitability must be higher than the prime rate + the rate of the individual counterparty. Liquidity becomes less and less, access to it becomes more and more difficult.
Low rates are good, liquidity is available to everyone, everyone can take funds to realize their goals and objectives, the overall profitability of any business is quite low. Lots of free money in the market.
Which market can be called BULLISH?
1. US PMI values above 50
2. Low DGS values 1/5
3. Low FED Funds Rate
That's the kind of market we had from April 2020 until November-December 2021. At that point, many realized that the music was no longer playing. The FED hammered the last nail in the coffin of the bull market in February-March 2022, and that's when all the fun and the official bear cycle began.
How do we know if the market has flipped and we're growing up again? Recommendations for PATIENT TRADERS
1. US PMI will come out of the crisis – current values are ATL from May 2020
2. The FED will do a soft landing, beat inflation and start lowering rates – very bullish signal. The important thing is to beat inflation, otherwise our bull market will be very short-lived, or the next bear market will be super painful.
3. DGS 1/5 will fall to spring 2020 values
If you see all of this, then unpack your stackable piggy bank and get ready for a hot period, we will be back in the game and the market of universal profits. As practice shows, everyone will have 3 to 6 months to get into their positions and get ready to take off. Also, remember that the market can be irrational, the main thing for everyone is to let their strategy survive it. Markets are capable of being irrational longer than traders will be solvent.
What to do now?
We’ve tried to give an answer to the question in our previous article. And we still stick to this local position. This article will allow you to look at the crypto market within macro analysis and the overall picture. But then everything depends on you!
Tell us if you study the macroeconomics rates, which indicators you use and which topics you would like to discuss! Don't forget to check links below and check our trading terminal!
NFA & DYOR