BTCUSDT Short term and Long term UPDATEHey everyone, I recorded a video quick video so I wouldn't have to type a million words. I told you previously that we were waiting for a bear market rally, and we got it. Everything else is in the video. I will be back in October when my studio is set up at my new my place. Thanks again!
Market
CADJPY POTENTIAL DOWNTRENDPair: CADJPY
Timeframe: 1D , 4H
Analysis: Round number level, trend line, volume profile, support and resistance, consolidation
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Key Takeaway: Looking for breaks of this consolidation period, we have breached this level of support numerous times and we need to see a close below. looking to take profits on trend line suppot
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Level needed: need a close by 109.375
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Trade: Short
RISK:REWARD 1:7
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
EURNZD BEST TIME TO BUY !Pair: EURNZD
Timeframe: 1D , 4H
Analysis: Round number level, trend line, volume profile, support and resistance, pennant, ascending triangle
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Key Takeaway: Seeing a breach of this vitally strong level of resistance, we have also seen a retest of this level indicating price will move upward through it.
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Level needed: need a close by 1.65295
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Trade: Long
RISK:REWARD 1:7
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
BNX : THIS IS THE GREAT WAY TO ALL TIME HIGHBNX Is still a top coin with the view for a coming breakout.
If there is a coin that could make ALL TIME HIGH into the short term then it's BNX - and with more updates did explain the reasons.
Even when the markets show now at this moment a slow movement or even breakdown into the short-term time frame.
BNX is more than just an increase - as the whale DCA planning is into it, this could support the breakout increase with time - and the structure volume will increase more.
BNX Has a history of green cycles - and this green cycle still keeps going to grow, even with the real breakdown of markets this cycle did not break down. and there is a high chance this will not be, of course, there will be never a 100% guarantee as the risk management should be very high.
THE WAY OF THIS COIN WILL BE GREEN TO AN ALL-TIME HIGH.
Before LUNC DID increase with 300% around since buttom, the same signal did shows on LUNC and now on BNX
Its about time frame.
This is not trading advice or financial advice.
Take never advice from the internet as right - and study, filter confirm before going into any trade.
There is no 100% guarantee but more chance.
FLUX TO $15 IN NEXT BULL MARKETWhy I believe FLUX will go to $15 or more in the next bull market (2024/2025).
I will try to keep this as short and simple as I can.
First of all, the following isn't based on just a quick 15 minute google web search. I have been researching and active in this project for almost a year.
I have seen almost every announcement made from team, watched hours and hours of AMA videos, done lots of research and studying. If you have chatted with me before, you would know I have talked about FLUX for the longest time.
- POW coin, strong candidate to replace ETH for miners once ETH moves to POS
- Not a shit coin, has actual real world adoption
- Great fundamentals
- Rewards miners with parallel assets
- Huge partnerships with some big names, including NVIDIA
- Market cap of less than 4 million
- One of the most secure, if not number 1 secured network
- Truly decentralized and web 3, unlike shit coins that claim to be web 3 but are far from decentralized
- Massive nodes running on it
- Lots and lots of dapps being deployed on FLUX
- The Amazon Web Services of Crypto and Web 3
I find it comical when a lot of these crypto exchanges and “pros” make huge web 3 lists and completely fail to mention FLUX. It’s like they just do their research on a google search in 5 minutes. A lot of those coins in those lists are not even decentralized and secure, so how can they even be classified as web 3?
It's only a matter of time before this really takes off and leaves the doubters behind.
I think it’s best you do your own research on FLUX and just realize how big this is going to be. If we were to draw a triangle of all web 3 coins, FLUX would be at the very top, once you fully understand what it does.
With ETH merge just a week or so away, lots of miners are moving to FLUX. There is a lot more upside to mining a coin that has a fixed supply (compared to ETH’s inflationary supply), and a much smaller market cap (350m, compared to ETH’s 191b). Not only that, but the additional parallel asset rewards that miners receive, make it even more appealing to mine. Miners and holders of the coin also receive frequent airdrops of the FLUX token. Running a node is super easy and doesn’t require you to open an account on any KYC exchange. You can now also earn passive income by running a FLUX node without any hardware, just a few steps process.
FLUX is revolutionizing Web 3 and crypto, and the fact that most shills don’t even acknowledge it when talking about Web 3, shows just how under rated it is, even with a market cap of 350m.
FLUX has an ATH of roughly $3.30. Taking it to $15 would require a market cap of 4 billion, which is quite achievable in a bull market. If Web 3 is really the next big thing, FLUX will reach this target and lead all web 3 coins. Also, we must remember that the next bull market will be much bigger than the previous ones, just like how the previous one was bigger than 2017. We could see the total market cap anywhere from 4T – 12T. They have an amazing dev, amazing team and some of the biggest partnerships.
There are very few coins that can truly say they are decentralized, secure and pioneers of Web 3, and FLUX is certainly one of them, if not the one.
Thanks for reading, I hope you have learned something and found this helpful. I believe I covered all the important parts. If I missed something, kindly let me know in the comments.
BINANCE:FLUXUSDT BINANCE:FLUXUSD BINANCE:FLUXBUSD KUCOIN:FLUXUSDT GATEIO:FLUXUSDT COINEX:FLUXUSDT
Inflation / Unemployment / Stocks2022 is most comparable to 1978 in terms of the current jobs & inflation situation. Seven decades of history concerning the 3, shows that the current drop in stocks is more likely a correction and not the start of a true bear market. 1972-73 scenario is 1 against 6 odds (and that's after demoting 1978 to equal the others). It also usually takes a long time for unemployment to carve a bottom. Even if we assume that right now it's doing so, we're still too early.
RLinda ! GOLD-> Overview of the global situation!GOLD - Overview of the global situation. On the chart I saw the global uptrend and the price movement in the channel, which began fresh formation since 2015. Pay attention to the price reaction to the support of the channel - it is very strong and forms strong movements in one direction or another.
Also, I marked the range 2075-1677, two identical impulses from resistance marked the global range, the price continues to trade in this direction. A pullback to support is forming. And this zone is quite strong, if you consider how the price previously registered on the upward support line (channel support)
The important level on the chart is 1677, which is a huge liquidity zone, and I think that in the mid-term we will see the price reach that area. And after the retest, perhaps, it will start its recovery.
Sincerely R.Linda!
SPY will bottom before FED ends rate hikes:see contrarian viewLast August 27 I already gave the bearish scenario wherein the FED continues even into a recession. The downsides were 350, 320 & 280 IF SPY breaks below 400 & 380. Today, Friday, SPY seems to be doing an oversold bounce. So let us assume the contrarian role against the market’s extreme pessimism. What if the market sentiment changes & the market suddenly realizes that the FED is just pretending to be very hawkish just to kill that big rally from June bottom of 362?
From June low, SPY rallied a little more than 61.8% Fibonacci to be stopped by the ma200 at 431. From there it reversed down exactly to Fib 0.618 at 3900. This bullish view will take into account certain things:
*The duty of the FED is not only price stability & full employment but also to fund the government. Rising interest rates will blow up the govt debt.
*Inflation has gone down in commodities like gasoline, food, durable goods. Rents & wages are more sticky. Fuel prices will go down if Iran deal push through or if Saudi agrees to increase production. The US, unlike EU, has enough supply of natural gas.
*A FED pause is still possible in 4Q2022 or early 2023 if inflation & the economy really slows down due to demand destruction, earnings recession, lay-offs & rising unemployment. FED may keep rates steady for a while & then continues with less hawkish hikes. If rate hike is overdone, rate cuts & QE will return quickly to save jobs, the economy & control government debt.
*This may be enough for sentiment to change & for buyers to come in pushing this rebound even higher.
Let us just assume that the June low of 362 is already the bottom & SPY is doing an ABC wave up. Using Fib extensions, the possible levels are 460, 476 (double top), 500 & 530. Volatility will remain high with recession fears & geopolitical uncertainties not going away soon. See the wedge down & the wedge up.
FADING THE FED IS TECHNICALLY POSSIBLE but fundamentally less probable.
Not trading advice
FLYNN’s Market PerspectiveThe Digital Frontier.
I tried to picture liquidity as it moves through the stock market.
What does it look like?
Water Flowing?, Icebergs?
Were the exchanges like freeways of digital currency?
I kept dreaming of a world I thought I would never see.
And then 1 day..
You got in.
That’s right man.
I got in.
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Thank You to everyone who has been reading and commenting on my market ideas.
I will be doing a bit of rebranding while I try to find my identity in Stock Market content creation.
I started SPYvsGME during the Gamestop saga then found my niche in charting stocks & crypto.
I will be keeping the TradingView handle @SpyVsGME but I will be rebranding to Flynn's Market Perspective.
My plans for now are to focus on capital markets macro, charting and breaking down patterns and trading strategies with a unique perspective.
Lots of new content planned including more NASDAQ.
Trade safe and thanks again for your support!
✅. First short setup turned GOOD - Next move looks bullishMarket seems oversold after the rejection of the 200MA. It looks like we are in time for a few rally days!
Bear market rallies are the strongest. Volatility whips both ways!
Historical Precedent
I wanted to share the 1990 precedent that I mentioned first during early May. I would like to point to the idea that we are quite short-term oversold (by looking at the speed and distance that we came down), so if you are short might be good idea to tighten stops, since we are likely to have a couple of rally days. Also to be clear, my personal guess (which not a tradable advice but just a gut feeling) is that we will not get the Easy Dollar Environment (EDE) so quickly like in 1990 but more like until end of the year. In the meantime I guess we would chop before a clear EDE in Oct-Jan.
US500 - Getting Ready!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
As mentioned in my previous US500 idea, we will be waiting for price to approach our first support in blue 3900 - 3950 to look for buy setups.
US500 dived inside the support and broke above a minor high in red.
For the bulls to take over, we still need a break above the major high in gray. Which would also be a potential inverse head and shoulders neckline.
Meanwhile, until the bulls take over, we would still be bullish and US500 can still dive inside the support again, or break it downward for further bearish movements.
Which scenario do you think is more probable and why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Adjusted for inflation trendlineIn a philosophical way the money is a measure of value and all its quantity represents the resources from beneath the ground that are constantly being dug each day of our lives. Deluting the quantity of the currency supply does not change the value of every rare earth which came out of the ground to construct our physical world or the nutrients which fuel our productivity as facilitators of the constant digging process. Adjusting for the inflation even though its never 100% accurate gives us an idea where we are and where we are heading from the most fundamental perspective. Inflation can deceive, just like everybody who bought the 2000 bubble top thought they are at breakeven 8 years later.
NVDA How far will it drop$NVDA with the current Catalyst, how far will NVDA fall. Currently Trading at 138.08. Overall On the Daily Chart, Momentum as shifted to bearish movement. Trendsi Indicators Money momentum (White Line) is trending downward, Red EMA cross over (middle red line). Looking left to see what NVDA did when it reached at this levels. Next support is around 136.39 area. If it breaks through that support. I can see it dropping down to 134 area.
CADJPY BREAK OF TREND AND RE-TEST Pair: CADJPY
Timeframe: 1D , 4H
Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern
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Key Takeaway:Seen a break of support and trend line, we have just seen a retest of broken trend line using it as resistance, we just need some bearish momentum now before we can short safely
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Level needed: need a close by 105.595
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Trade: Short
RISK:REWARD 1:5
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
RLinda ! BTCUSDT-> Consolidation on a downtrend. What's next?BTCUSDT The price resumed a global downward movement after breaking the support of the ascending wedge. Since the breakdown, the price has fallen 18% and at this point, I believe that the key targets from the bottom have not been achieved.
You can see on the chart that price continues to decline smoothly. After a strong momentum, there was a consolidation followed by a new momentum and price is returning to the accumulation phase - a clear lack of buyback attempts and price pullbacks to critical resistance levels. What comes next? As for the global bearish channel, price is trading near the resistance zone.
My assumption is that the current overbalance of forces to the fact that the fall may continue. It is worth considering the fact that the price is still in consolidation and may trade within the range for a while longer, or make a retest of the resistance of the descending channel. False breakouts are possible, so expect a set-up when the price goes under any of these levels after the retest or a final breakout with the price fixing under the level. The targets are the 19240 support zone, the 18626 support zone and the 17622 liquidity zone.
Regards, R. Linda!
Bitcoin Day Trading Setups, Scalping Entries🖥️ We have determined there is a 70% chance Bitcoin will Rise from our current entry point.
📉 LONG - BTC : $20,025📉
💵 Length of trade: we are expecting BTC to hit a 250 scalp, with a high end of 300, and a minimum expectation of $175.
🕰️ Duration of trade: we are expecting this to occur in 4.5 hours of this signal; having a possibility of the Min. Profit Target being hit with a fast spike under 1.5 hours. Then we see a maximum duration of 9 hours .
📊🖥️ Indicator Shown on Chart : Scot Signal Indicator
VIX in ConsolidationVIX has hit my target and is now consolidating in that area. The index bounced off of a major long term trendline without retesting the broken wedge. Further consolidation could result in a push up until that higher long-term trendline. Market is possibly also awaiting tomorrow's NFP results before moving in any direction. Stay tuned until tomorrow and we will see a prediction for next week.