Horizen Bottom Prices & 1600% Growth PotentialHorizen (ZENUSDT) has an interesting chart, it satisfies the criterion for the pairs we look for to accumulate in preparation for the 2025 bull-market.
ZENUSDT hit bottom in June 2023 and produced a long-term higher low in June 2024, one year later.
The current action is happening near the level at which this pair traded back in May and July 2023, also October-September 2023 and February and recently August 2024. This is a long-term accumulation zone.
The bear-market is on the left of the chart, long-term gone. Everything after June 2023 is accumulation, bullish accumulation because have higher highs and higher lows. What follows the accumulation phase is a major growth phase, the next bull-market and we see huge potential for growth.
Now, there can be swings, shakeouts and sudden moves short-term. If prices drop we buy focusing on the long-term.
The strategy is simple we buy and hold. Right after buying we set the sell orders on target based on the strategy of our choice.
Some selling for profits strategies call for selling 50% of your stack after the pair is 200 or 300% up. Others sell 20% at one point, 20% when prices are higher and so on until everything is sold.
Some hold long-term and let the market unravel before deciding where and by how much to sell. Different strategies for different people. Different strategies for diverse capitals and trading goals.
It is impossible to generalize because what works for you might not work for somebody else. We take the strategy and adapt it to our own goals and needs.
Truly, the most important part is to get in early because in this way it is easy to hold when shakeouts and corrections develop and it is also possible to enjoy maximum potential for profits on the way up.
Total growth can go beyond what is shown on the chart. Imagine how the market would become if there is legislative support.
These are conservative targets.
The bullish cycle can produce 500%, 900%, 1,500% or even 3,000%... It doesn't really matter.
How much we earn individually is fully dependent on how much energy we put in. How well prepared we are and how much we are ready to accept and hold.
If we are mentally prepared for 10K, that's what we will get.
If we are mentally prepared and ready for 10M, that's what we get.
The only limit is in your mind. Results will depend on the actions you take.
There is no effect without a cause. There is no cause without effect.
Everything that happens is a result.
If something bad happens, that's the result of bad decisions.
If something good happens, that's the result of good decisions.
If you don't like your environment, change whatever it is that you are doing now and your environment will eventually change.
If you enjoy your life and your surroundings, keep going—keep doing what you are doing, you have my support and I love you.
Namaste.
Community ideas
Bitcoin - Gearing Up for NEW ATHBitcoin is showing a sudden increase in momentum, and the pattern I was watching has played out successfully after the last update:
Ultimately, the playout I have been talking about for MONTHS were as follow:
And this is the recent chart data on that exact idea:
I'm happy to finally see everything come together - it took some patience though!
Finally - impulse wave 4-5 (Elliot wave Theory) is in play! From here, we can expect ETH to gradually creep along, and when BTC trades sideways ETH and other top10 market cap alts will make gains. Find more on that, here:
When ETH stalls (and BTC even retraces a little) that's when the smaller cap altcoins will shine.
Cheers to another ATH 🥂🍻
_____________________
OKX:BTCUSDT
EURNZD-From a technical point of viewIn this trade idea I was bias on longs today on the pair due to the daily timeframe being bullish. I am a purely technical trader and therefore believe that anything that can affect price is already reflected in market action, my stops and entries are based on the psychology of traders meaning I look at levels and try to anticipate the actions of the traders. but anything can happen but as long as I'm following the trend I will trade any loss gladly.
Gold price today "explodes": Continues to increase sharplyHello, everyone. Let's contemplate the movement of XAU this week: Will it rise or fall?
Below are some of my insights and analysis on XAU. Observing the chart, the trend appears to be upward (reaching a high of $2,759).
As a result, gold buyers will require a sustained advance over the psychological barrier of $2,750 in order to challenge the lifetime high of $2,759. Further higher, the $2,570 mark will put the bearish stance to the test.
On the downside, the 23.6% Fibo support level of $2,723 remains a tough nut to crack for gold sellers.
Acceptance below that level on a daily candlestick closure basis might restart the retreat, aiming for the 38.2% Fibo level of the same rise at $2,700.
Further south, the 50% Fibo support at $2,681 will be tested, where the 21-day Simple Moving Average (SMA) coincides.
BTC Update (4H)This analysis is an update of the analysis you see in the "Related publications" section
Still Valid. It was supported by hitting the green box.
There is another possibility that Bitcoin will move towards the 76K-78K-80K areas without any special correction.
Do not enter a sell/short position without confirmation
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
BTC, Take careBTC moves as expected and is about reaching the downtrend line @69,000
You have to be cautious as the price may go down in an impulse corrective wave.
We still in the bullish direction raising out protective stop to protect our profit.
We have to wait the price to reveal its direction.
see my previous count in the BTC complex wave idea
EURUSD BULLWe sent the bear down from NFP and now is the first opportunity for the bull set-up.
Yes I am in the trade at 1.0780 with a very tight window. (15 pips)
Also I gave this pair out everyday last week inside the group inside Facebook. Plus I have just sent out the new chart for the community to trade this week...
Good luck and there will be more to come.
#eurusd
Dominance & Altcoins- This graph is purely based on fibonacci law.
- 61.8% is the core of the system ( check rectangles in graph to get it )
- Most of long term traders not even look at the price.
- they just wait the good time to buy using Fibo.
- in 2016 BTC was almost 100%. Altcoins were inexistant. (less than 2% of the market with ETH)
- in 2021 BTC Dominance pushed to 75% (altseason followed the push)
- in 2024 we could see BTC dominance knocks 60% ish ( Altseason will follow )
- BTC is maturing.
- Cryptos are growing.
- Don't look too much at your altcoin wallets.
- Most of the time the story repeats itself.
- Respect the cycle, be patient and eat noodles!
Happy Tr4Ding !
Gold Price Rises Strongly Amid US Political Uncertainty ConcernsBased on the current factors, I see gold prices in an uptrend and trading within a solid bullish channel, with the EMA (34) and EMA (89) supporting below. The main driver is political uncertainty in the US, along with concerns about fiscal deficits and safe-haven demand amid geopolitical tensions. News of hedge funds buying an additional 15 tonnes of gold last week further reinforces this trend.
Currently, the price is at $2,778/ounce, but if it approaches the upper resistance line of the bullish channel, the price may correct slightly before continuing the upward trend. However, if the political situation continues to escalate, the possibility of breaking the resistance and reaching higher levels is very high.
day 82 of backtesting i have back tested til 29 july of 2024
the last week was one of the worst days and i was not feeling good abou my trading career but it was all beacuse i was away for charts and because my strateggy has so many details, i was not focused on the details at the time but as i forund out the problem every thing got back to normall. this is the reaqlity of trading and it is not easy at all but one thing we can do is kepp pushing nad trying and maybe we can get successfull one day soon.
Bearish drop?NZD/USD is rising towards the resistance level which is an overlap resistance that is slightly below the 23.6% Fibonacci retracement and could drop from this level to our take profit.
Entry: 0.5986
Why we like it:
There is an overlap resistance level that is slightly below the 23.6% Fibonacci retracement.
Stop loss: 0.5913|
Why we like it:
There is a pullback support level.
Take profit: 0.6024
Why we like it:
There is an overlap resistance level that is slightly above the 38.2% Fibonacci retracement.
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Stellar (XLM): Possible Good Short Setup!Stellar shows a strong possibility for a downward movement soon, and we’re currently watching for the upper, smaller resistance zone to be reached.
What’s Next?
Following the major drop on October 25th (a 6% market price movement), we broke below the EMAs, and we’re now seeing a strong bullish push, resulting in a smaller fakeout move. It appears this was a liquidity hunt below the EMAs, and we’re now looking for a re-test of the resistance zone.
Scenarios:
1. Rejection and MSB: In the first scenario, we’re looking for a good rejection at the resistance zone, which could trigger a potential MSB (Market Structure Break) and lead to a full downward movement.
2. FVG Attraction: In the second scenario, we see an FVG zone above the resistance acting as a possible price magnet. If the price reaches this zone, it could be an ideal entry for a short position.
Entry Points:
1. Watch the resistance zone closely—it’s our first entry point. If we see weakness there, wait for a clear MSB (orange line) and enter a short position.
2. If there’s a breakout above the resistance, the FVG zone will become our second area of interest. If the price reaches this zone, we’ll look for signs of weakness, expecting a reversal back down for a re-test and potential break of the resistance, leading to lower price zones.
Swallow Team
BITCOIN Short From Resistance! Sell!
Hello,Traders!
BITCOIN is retesting a
Horizontal resistance level
Around 74k USD which also
Happens to be an all-time-high
So despite our bullish bias
We will be expecting a
Local bearish correction
Sell!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
BITCOIN ON RESISTANCE, WATCH FOR THESE IMPULSES NEXT!Bitcoin recently tested a major resistance at $73,600, where selling pressure emerged on lower timeframes. A breakout followed by a pullback may occur after the third impulse completes, potentially driving downside momentum to gather liquidity around the key support zone near $66,670. At this level, we could see supported price action aligning with the recently established bullish channel and trendline. With a clear bullish reversal from this low, the rally is expected to continue, aiming for a fifth impulse that could push the price above $80,000.
UXLINK looks bullishFrom where we put the red arrow on the chart, it looks like the UXLINK correction has started.
This correction seems to be a diametric.
Candles have hit an important support.
The E wave trigger line is broken.
The price can go up to the red box for wave F.
Closing a daily candle below the invaliation level will violate this analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
BTC Trend Shifting ? and ask about your altcoin analysisBTC / USDT
Quick summary :
190 days have passed since the BTC topping in march 2024 at 73k
Since that moment BTC was trading in downtrend with LH and LL
What we can see in chart :
finally we can start seeing serious bullish signals
1- First Higher low in 6 months
2- Triple bottom formation in RSI indicator
What I wait and expect for next ?
I think we can produce HH soon then a small final correction and after that UP ONLY
Invalidation:
Lose the current HL and continue again in LH and LL
You can ask about your fav altcoin analysis in comment section below and I will try to reply all… Ask for 1 altcoin and write complete symbol (ex: BTCUSDT)