Get started

Marketstructure

The MASK Has Fallen! 🤿Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. 📉 After breaking below the last major low in gray, MASK has been overall bearish trading inside the falling red channel. MASK is currently approaching a strong daily support in blue 2.0 📈 For the bulls to take over again , we need a break above the upper red trendline AND the last high in gray. Meanwhile , until the buy is activated, MASK would be overall bearish and can still break the 2.0 downward. If the 2.0 is broken downward (daily candle close), then a movement till the 1.5 support would be expected. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
17
DJI + Indicators Vs NDQ Vs BitcoinHi Investors & Traders Although this is a chart of the Dow, it will mainly focus on the interactions of Bitcoin with the Dow and the Nasdaq. I'm taking a slightly different look at the market here with this chart. This is the monthly chart of the Dow Jones, Nasdaq and Bitcoin, but the 4 indicators on the bottom are corresponding of the Dow. The four indicators as follows... STOCHASTIC RSI FEAR AND GREED CM ULTIMATE MACD CM ULTIMATE RSI In this chart we can really see the parabolic growth of Bitcoin especially against the Nasdac and the almighty Dow Jones. Way back in 2017 the markets were in a rally non bigger than Bitcoin, and as we can see it Pierced through the Nasdaq and was pretty much met as resistance by Dow with a fairly strong rejection from it. It then found some support off the Nasdaq but it ultimately fell through and bottomed out. The next move to re pierce the Nasdaq and it co mingled with it for about one and half years before it inevitable broke out above it and met with the Dow Jones and went on to pierce it as well. Bitcoin then corrected right back to the Dow as support for months into it's second attempt to another break out f new highs @ 69k. Not long after Bitcoin once again falls to the Dow as support once more, makes a small move and then plunges with the rest of the markets and goes down bellow the Dow as similarly did with the Nasdac back in 2018. Comparing to the Nasdaq drop of 2018 Bitcoin fell 51% under. This year in 2022 it has fallen about 56% under the Dow. At 5% more is this enough to call it a bottom? I guess we will see in due time. The good news 3 out of the 4 indicators are showing signs of recovery for the Dow with only the MacD not crossing yet. As we can clearly see in the recent history of a decade these indices tend to move together with the Dow leading the way. The thing is market sentiment can switch on a dime. Waiting for the MacD cross is still not a guarantee of new highs but it lowers the downward risk just bit more. Bitcoin and it's interaction with the Dow going forward will be very important in my opinion s I think it might have a tough time passing and the Dow. I will most likely mingle and battle with the Dow for a few years before it can eventually break above and make it support. Then and only then should the next parabolic move from Bitcoin will follow. Update I also added the SPX just for good measure. We can see that Bitcoin did have a small interaction with it for 3 months before it ultimately broke above and then dropped within 26% at the bottom in 2018. Comparing the Bitcoin drop of the SPX to the Nasdaq is 28% this year, only 2% off, fairly close so far.... But is it over? I don't normally include so many indicators but to get a good indication without making many charts I though it would be necessary to gauge the market from Dow with multiple angles. I want to add that bitcoin could interact with these indices for a long time or permanently for all we know at this point. Thanks for viewing leave comments and or questions down below WeAreSat0shi
TVC:DJILong
by WeAreSat0shi
7
Trade Plan 12/22/2022 P-Shape Formation = Short Covering + Strong Buyers *Possible end to a downtrend if we can confirm the market structure change. TP1> If we manage to Trade/Bid above MAIN POC 3905, I want to see a break above previous POC 3914 (BEARS LIS) to support the upside trade. After than we can go for 3934 > 3960 > 3980 3995. TP2> If we manage to Trade below MAIN POC 3905, the downside is 3886 > 3874, where maybe we can have a BULL Fight, if lost we can ride back to 3858 > 3850 Naked POC. *All trades must be taken after IB (Initial Balance) 9:45am-10:00am #tradesafe #sizekills
CME_MINI:ES1!
by IronMan_Trader
BTC Long term Vision! Bulltrap alert!!What Makes Bull Traps Happen? Wishful Thinking Bull traps can emerge after a market downturn appears to have been exhausted. In the wake of steep declines, there’s often clamoring among investors to grab an early seat for the ride back up, get in at what appears to be a bargain price, and/or pick a bottom. These initial buying spurts may push prices above certain chart levels, and these “breakouts” can trigger more buying. But such breakouts may actually be false signals, and the price soon resumes a downward path. So, what is a bull trap? A bull trap fools some traders into thinking a market or an individual stock price is done falling and that it’s a good time to buy. But then it turns out it’s not a good time, because the price soon resumes its descent, catching buyers in a money-losing trap. In many ways, it’s the opposite of a “bear trap,” which can fool traders into selling out too soon in the midst of a bull market. Here, we can go and print 25k..even 30kish..still I'd say it is going to be a bull trap! I also see the overall market conditions and it doesn't seem good. Do you agree or disagree?! Comment down below!!
BITSTAMP:BTCUSDShort
by The3eyedFrog
2
LTC - Good Key To Feel The Market!🔑Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. I always keep an eye on Litecoin to feel the overall crypto market. LTC has been trading inside the blue flat rising broadening wedge pattern , and we lately rejected the 85.0 supply zone. After breaking below the last major low from H4 (in gray) the bears took over. So we are currently bearish medium-term. As we trade lower, we will be approaching the lower bound of the rising broadening wedge. Moreover, 50.0 is a strong weekly support zone . So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green support zone and lower blue trendline. (acting as non-horizontal support) As per my trading style: As LTC approaches the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) Then we will be expect a shift in momentum from bearish to bullish. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
14
BTC USD - anticipating the low in 2023Update to the full version which is published June 6th 2022. Review the full article below in linked - Second link is a private update - now made public. G'day traders, investors, analysts, Breakdown: 1. Note 2. Contents 3. Research breakdown 4. Education recap 5. Information on Lupa. A note before reading - this is a forecast analysis - based upon a long term trading strategy looking for Fresh Demand/Supply zones. This is tagged Neutral due to the overall monthly Supply PCP in control, until the opportunity of a rejection of the pattern completion to a fresh demand tap has occurred or a long opportunity from a break and retest of the trend. Overall, where an imbalance is formed and sellers have completed the changing of hands due to purchasing further increments the exhaustive sellers. Until this criteria is met - no trade is taken until reactive, break or curve is confirmed. The methodology here is to trade spot and or invest, futures contracts to hold positions for periods over a span of weeks to months. If this is not specifically aligned to 'your strategy' then at least appreciate the structure. Risk Warning Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD market, consider your investment objectives, level of experience and risk appetite. You should never risk more than you can afford to lose. If you fail to understand or are uncertain of the risks involved, please seek independent advice and remember to conduct due diligence as criteria varies to suit the individual. Master Key for zones Red = Three Month Blue = Monthly Purple = weekly Orange = Daily Technical Setup Acronyms Key: CP - Continuation pattern DBD - Drop Base Drop OP - Original price DCA - Dollar Cost Average FL - Fresh Levels Check the updates to see where the logarithmic charts have taken us. Analysis's below Original outlook and full in depth analysis below. BTC - Outlooks for the Future A smaller counter trade buy and sell opportunity provided below; Daily update Short Term CP. Monthly Chart (no log) The monthly has created the supply zone at the all time high with confirmations provided on the weekly with a $9,000 ending at a a slight bullish indecision provided a test of the monthly curve (bullish), price broke and retested this with the consecutive bearish move. These two weeks from a $55,000 confirmation sell, provides a fresh supply zone. Price then on began the slippery slope of creating a 'Low', whereby price put in a lower low, before looing back to a pivot position back between December 2021 with the four weeks, creating a 'base' which aligned with the market structure (left). The weekly log chart shows price is below the fair value of BTC comprised of time of writing ($25,100) - technical traders will realise this is the previous PCP level and supply. Price has now formulated within the weekly zone as a retest, however yet to indicate a deep test of the zone (down to $15,000). Refer to article on historical diminishing returns and the lows of previous years (BTC - outlooks for the future). The latest Supply FL between $23-25.1k shows the sheer strength of the bearish moves taking place at present, along with the high curve which is being respected. updates price has now shown the mid regression band is in affect, where by price is well below the market fair value - with the weekly chart delayed by one day. Refer to BTC USD where the latest engulfing on the daily chart has been provided. Four Day chart The weekly and Four day provides the clear picture where the steep curve is intact and yet to be broken on a retest. This is due to the OL still yet to be tapped and the current zone acting as a strong tested zone - whether this will hold. The four day supplies are nested within the weekly chart so the above information holds as the structure of the market is outlined above. Daily Chart Where can price go? - it looks clear upon the current price cycle that price is looking towards the retest of the double bottom at the low of $17,500, this depends on the current double daily bottom of the $18.2k to be over come first. The downward channel as been creating multiple impulse, corrective and subsequent impulses again - this is due to the market structure (left) this enables the price action to show where price can free fall and where a hurdle has occurred - forming a pivot point for a correction or a consolidative base formation. latest update Daily Chart re-aligned for present values as at 16th Dec 2022 all notes above still apply - the only difference now is that after the break of the smaller channel - BTC is indicating a short term pivot to a selling level to continue the sells. Do you enjoy the setups? Professional analyst with 5+ years experience in the capital markets Focus on technical output not fundamentals Focus on investing for long term positional moves Provide updates where necessary - with new updated ideas tracking the progress. If you like the idea, please leave a like or comment. To all the followers, thank you for your continued support. Thanks, LVPA MMXXII
BNC:BLX
by LupaCapital
BTC Update - DXY, US500, & USDT.D Analysis Inside! 🔎Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. As per my last analysis, I mentioned that BTC would be overall bullish from a short-term perspective as long as we are trading inside the red rising channel. Now since the lower trendline and minor support in gray are broken, let's make a quick update. For the bears to remain in control, and take over from a medium-term perspective, we need a break below the orange zone. If broken, a movement till the 16k support would be expected. Moreover, the overall situation isn't helping. Let me clarify: 📌US500 - we all know that the crypto market is positively correlated with the stock market. 📉Previously, I have posted this US500 analysis and the sell setup would get activated if we break below the last low in orange. 📈Update => US500 broke below the orange zone this morning. Now a bearish movement till the first minor support around 3750 would be expected. 📌DXY - well, no need for an explanation here. almost everything is valued in terms of USD. XAUUSD / USOIL / EURUSD / BTCUSD ... 📉Previously, as mentioned, USD index is approaching a strong demand zone 📈Update => We are still around the blue demand zone. For the bulls to take over, we need a break above the orange trendline and zone. If this happen, I will be expecting a bullish movement till the first minor support around 108.0 which would be make the situation worse for the crypto and stock market. 📌USDT.D - are traders investing in coins/tokens? or shifting it to USDT? 📉Previously, as mentioned, USDT.D is sitting around a strong support zone in blue. For the bears to remain in control, we need a break below the zone. Meanwhile, the bulls can still kick in! 📈Update => USDT.D rejected the blue support, and now breaking above the last high in orange. If this H4 candle closes above the zone, then expect further bullish movement till around 8.7% What do you think might happen next? Eager to hear your thoughts and opinions! Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
21
USDJPY - Potential Bullish Reversal!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. on MONTHLY: Left Chart USDJPY is sitting around a demand zone in blue so we will be looking for buy setups on lower timeframes. on H4: Right Chart For the bulls to take over, we need a momentum candle close above the orange neckline. Meanwhile, until the buy is activated, USDJPY can still trade lower. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
6
Trade Plan 12/15/2022 TP1> if we manage to Trade/Bid above MAIN POC 4078, we can test > 4108 > 4141 > 4186 > 4207 > 4221 TP2> if we Open/Trade below MAIN POC 4078 > we can test > 4054 > 4035 > 3995 > 3980 > 3960 > 3934 > 3914 (LIS - Bulls Trapped) Volume Profile 12/14/2022 - Unfair High 4091 (Below Y High) FOMC DUMP, and no BUYERS. Volume accumulation setup > It is forming since yesterday when SELLERS were super aggressive, strong SELLERS entering their positions in Rotation Area, with a clear change on the Volume Profile TREND. Strong Sellers who were accumulating their positions are likely to defend their positions and their interests. So, when the price returns to the volume accumulation area > MAIN POC 4078 (12/14) and MAIN POC 4054 (12/13), Strong Sellers start to defend their positions aggressively. This means that strong buyers start aggressive buying activity to drive the price upwards again. Strong sellers defend their short positions by aggressive sell-off which moves the price lower again. Here is a picture to demonstrate this (Short trade scenario): *This is a 50/50 Game, trade plan & risk management and trade management is mandatory
CME_MINI:ES1!Short
by IronMan_Trader