Could XRP hit $100? Charts hint at a Big moveA simple analysis of Ripple (XRP) charts reveals a rising potential for this cryptocurrency. While we cannot predict the future with certainty, cyclicity and indicators certainly suggest a significant price increase is on the horizon. The XRP can hit a much higher price point, possibly exceeding $50. 💰
DON'T FORGET , popularity matters too! XRP is currently holding strong at number 6 on CoinMarketCap ...or are The Simpsons's creator fingers in this? 😃
Share your thoughts about Ripple's future! 🤔
(Not Financial Advice)
Seasonality
Looks Bullish to MeThis weekly candle can be the death of crypto as we know it. Major correction, dxy could pump causing crypto to dump. It's alot of red news this month that can send dxy to the mf sky and crypto to the floor. Let's see if dxy continues its uptrend. Sheesh .. 106.952 SMASH, JP ain't playing
EURO - Short Term Buystop RaidBearish throughout the week with the daily order block being met on the 29th, one day before good Friday before retracing to the upside.
Due to the sentiment being overall bearish, many retail traders would be inclined to go with the notion that 'trend is your friend' and short the market whilst placing their stop loss above recent highs, causing smart money to capitalise on it.
Short-term bullish for euro with a pending selloff in the cards, especially if we are to see 105 attacked in the dollar index.
Either look for longs towards the upper displacement daily fair value gap or wait for the move to play out and place shorts aiming for new lows below the daily order block @ 1.07741.
Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go.
This includes;
- Market Structure
- Buyside/Sellside Liquidity
- Order Blocks
- Liquidity Voids
- Fair Value Gaps
- Optimal Trade Entry
- Premium/Discount Array
- SIBI/BISI
- Many More!
The strategies mentioned here are some of many that I use to implement into my analysis and over time, with consistency I aim to achieve a high degree of accuracy in the markets with the foresight and understanding to assess what went wrong when my bias is negated.
Credits;
- Michael Joe HUDDLESTONE
- Shawn Lee POWELL
- Toray KORTAN
GBPUSD - When Will We See A Shift In Structure?Rangebound price action throughout the week with hourly buyside and sellside pending to be tested.
1.26546 intraday buyside liquidity is a premium area in price which cable is most likely to run to, especially if dollar is to continue to sell-off into the daily fair value gap @ 104.144. Hourly order block @ 1.26146 has been respected from Thursday throughout.
Will we see a run on stops?
Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go.
This includes;
- Market Structure
- Buyside/Sellside Liquidity
- Order Blocks
- Liquidity Voids
- Fair Value Gaps
- Optimal Trade Entry
- Premium/Discount Array
- SIBI/BISI
- Many More!
The strategies mentioned here are some of many that I use to implement into my analysis and over time, with consistency I aim to achieve a high degree of accuracy in the markets with the foresight and understanding to assess what went wrong when my bias is negated.
Credits;
- Michael Joe HUDDLESTONE
- Shawn Lee POWELL
- Toray KORTAN
USD JPY - incoming 1990, then 1987?G'day,
Master Key for zones
Red = Three Month
Blue = Monthly
Purple = weekly
Pink = Consolidative box example (Daily)
Orange = Daily
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.
Below are some of the take aways from the video - please listen again incase any detail is missed.
Monthly
simply put, look at 1990 and the gap formed in the fresh supply above at 157.XX - 164.XX (1987). not there is a hidden zone within 1986 which can be a final supply zone.
Weekly
The market has made a double top within the weekly supply, we'll await the confirmation on the daily time frame however.
The weekly zone has been built up upon a strong resilience zone from the supply zone (note this is a strong supply zone which dates back to 1990/91) , where multiple rejection weeks have occurred and price has been in an accumulation phase since.
Daily
High curve created for the daily supply, and now the buyers have created again a high curve, with this time a marked zone where price can pivot to (subject to confirmation), before price can begin its journey back into the supply, after a strong demand zone which can be brought back to.
Do you enjoy the setups?
Professional analyst with 8+ 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 MMXXIV
Seasonal Weekly Chart For WheatSupply and demand zones for Wheat on the weekly chart.
Once you enter the zone, look for the lower timeframe reversal patterns, extended waves, classic trendline breaks, etc.
Drop down to the Daily for refined supply and demand zones.
Drop down to 1 hour chart for the current trend after you see the reversal pattern.
AUDNZD-4H-POTENTIAL REVERSALI am re-entring again in this trade, technical and fundamentals are also supporting this setup
cot index of AXY Index is at the top and ZXY comes from the top so AXY is neutral and ZXY is reversing with commercial flip data
technical pointer and bias is also bullish
I am re-entering this trade with a doubling my risk
End-of-Quarter sell-off effectAccording to ChatGPT:
Yes, end-of-quarter sell-offs are a phenomenon observed in the stock market where investors may sell off their holdings toward the end of a financial quarter. There are several reasons why such sell-offs occur:
Portfolio Rebalancing: Institutional investors, such as mutual funds and pension funds, often rebalance their portfolios at the end of each quarter to maintain their desired asset allocation. If certain stocks have performed well and become overweighted in the portfolio, they may sell some of those stocks to bring the allocation back in line with their strategy.
Window Dressing: Fund managers may engage in window dressing at the end of each quarter. This involves buying or selling securities to improve the appearance of their portfolio holdings in reports to clients or shareholders.
Quarterly Earnings Reports: Companies typically release their quarterly earnings reports shortly after the end of each quarter. If these reports are disappointing or if there are concerns about future earnings growth, investors may sell off their holdings in those companies.
Tax Considerations: Individual investors may engage in tax-loss harvesting toward the end of the quarter to realize losses for tax purposes. This could lead to increased selling pressure on certain stocks.
These are just a few reasons why end-of-quarter sell-offs may occur in the stock market. However, it's important to note that not every quarter sees significant sell-offs, and market behavior can vary depending on a wide range of factors including economic conditions, geopolitical events, and investor sentiment.
FET long-term plan
AI hype has started again. Important AI cryptos are AGIX, OCEAN and FET. If you know any other one, please comment and share information.
Fetch.ai aims to enable a decentralized economy where autonomous agents can collaborate and transact efficiently without relying on a centralized authority.
I know that many of you may buy FET at much lower prices but in my opinion, this level is still interesting for a long-term hold.
In weekly time-frame, FET is breaking the neckline and the rally will continue.
With medium market cap of $400M at the current price, my targets are $2.5, $4.5 and $9.
------------- Information on FET -----------
FET (Fetch.ai) is a decentralized digital currency and blockchain project. It aims to develop a decentralized infrastructure for autonomous economic agents (AEAs) to perform various tasks, such as data sharing, AI learning, and machine-to-machine transactions. This infrastructure is designed to facilitate the efficient exchange of data and services between different AI systems, IoT devices, and other digital entities.
Disclaimer:
This analysis is based on my personnal views and is not a financial advice. Risk is under your control.
Bitcoin - Why I chose to be flat..I will be reviewing Bitcoin using my "Multiple Timeframes / Mutiple Factors" (MTMF) approach,
covering Fundamental Factors like : CoT, Sentiment, Seasonals and Technicals like Momentum, Volatility, Relative Strength.
======================================================
RISK WARNING
===================================================
There is a very high degree of risk involved in trading.
Past results are not indicative of future returns.
S.M.A.R.T. Trader Systems Ltd and all individuals affiliated,
assume no responsibilities for your trading and investment results.
The indicators, strategies, columns, articles and all other features
are for educational purposes only and should not be construed as investment advice.
Information for stock observations are obtained from sources believed to be reliable,
but we do not warrant its completeness or accuracy,
or warrant any results from the use of the information.
Your use of the observations is entirely at your own risk
and it is your sole responsibility to evaluate the accuracy,
completeness and usefulness of the information.
You must assess the risk of any trade and make your own independent decisions.
Owners, employees, agents, representatives and affiliates of S.M.A.R.T. Trader Systems Ltd (www.AlexSpiroglou.com)
may have a position or effect transactions in the securities described herein (or options thereon)
and/or otherwise employ trading strategies that may be consistent
or inconsistent with the provided strategies.
SOUN HandleCup and handle patter identified + election year + not May yet. Waiting Fed non-decision to give markets one last boost and for BOJ to disappoint because of FED to push hikes to May as goes the ancient seasonal adage: ("Sell in May and Go Away" &" live to fight another Day," I say.
Note: Not Advice; otherwise, Advise w/an Advisor of an Adviser. History not equal to Future; duh, but required to be in good form. Thank you, Kris
US30 SWING SETUPGood day everyone
We are looking to go Short for the (short term)as we can see by previous data since OCT 22-DEC22 the market has moved 22% up and the pullbacks measure around 10-9% .Current market price sitting @21,8% ,Daily chart showing reversal signs/exhaustion of bullish trend,end of Q1 mark tends to reverse trend.we got untested daily highs @3695,51 & @35736 .We do expect a pullback to 3695,51 lines up with previous pullback range OF 9%,falls on the 50% FIB MARK,
Please let us know your thoughts
USD/CAD TRADE 3 BEARISHNESS So am still bearish on the pair based on the analysis price has given us a sell level on H4, givin formation of a double top...The correction market nature is coming to an end and sellers and coming in anytime next week...so make sure you get your confluence right before taking those sell trade.
Confidence is not “I will profit on this trade.” Confidence is “I will be fine if I don’t profit from this trade.
- P.Malese
Crypto Rally: Is it a Bull Run or a Bear Market Bounce?## Unpacking the Crypto Rally: Bull Run or Bear Market Bounce?
The recent price surge in the cryptocurrency market has sparked debate among investors. While some see it as the dawn of a new bull run, others remain cautious, considering it a potential bear market rally. Here's a closer look at the factors fueling this discussion:
* **All-Time Highs Remain Untouched:** Neither Bitcoin nor Ethereum, the leading cryptocurrencies, have managed to close a monthly candle above their record highs. This stands in stark contrast to the decisive breakouts witnessed during previous bull runs.
* **Altcoin Performance Lags:** While some altcoins have experienced notable gains, many haven't recaptured their previous peaks. This uneven price movement across the market adds to the uncertainty surrounding the overall trend.
* **Historical Performance Doesn't Dictate the Future:** It's crucial to remember that past performance is not necessarily indicative of future results. While the absence of new all-time highs might suggest a bear market rally, it doesn't guarantee that altcoins and major players won't reach new heights eventually.
**Beyond the Numbers:**
Several external factors can influence the trajectory of the cryptocurrency market, making definitive predictions challenging. These include:
* **Regulatory Landscape:** Government regulations and policies regarding cryptocurrencies can significantly impact investor sentiment and market stability.
* **Institutional Adoption:** Increased involvement from institutional investors like hedge funds and investment banks can provide a significant boost to the market.
* **Technological Advancements:** Developments within the blockchain ecosystem and the broader technology landscape can introduce new use cases and drive demand for cryptocurrencies.
**The Bottom Line:**
The current crypto market rally presents an intriguing situation. While technical indicators and historical comparisons suggest a potential bear market bounce, the future remains uncertain. By staying informed about ongoing developments, investors can make more informed decisions about their cryptocurrency holdings.
**Remember:**
* Conduct thorough research and consider various perspectives before making any investment decisions.
* Cryptocurrencies are inherently volatile, so prioritize risk management strategies.
* Consult with a financial advisor to understand your risk tolerance and develop a suitable investment plan.
By approaching the situation with a critical eye and a focus on long-term trends, you can navigate the complexities of the cryptocurrency market with greater confidence.
BTC Halving & CyclesSimple chart showing duration of previous bull and bear periods. Overlayed with Bitcoin halving event and duration to market top.
- Green arrows show period from halving event to market top.
- Red arrows show period from market top to market bottom.
- Black arrows show period market bottom to market top.
Bitcoin price has followed a similar pattern of roughly 539 days (mean) from halving event to the market top. Then roughly 364 days from the market top to market bottom.
Will history repeat itself?
XRP: trade in dual support📊Analysis by AhmadArz:
Risk free in R/R-1
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
EURUSD BULLISH SCENORIO Hello folks here is my view about EURUSD am bullish in EURUSD my Bias is bullish thats why i will looking for only buy position below daily open focus on mention area and just see ur confrmation before execution
this is just educational purpose am not responsible for any budy Profit & Loss
SHOP - Back to bullish after correction - BullishNYSE:SHOP
-Positive trend and following trendlines
-Exceptions on Octobers (different low trendline)
-Just did a correction and filled a vector
-Already hit the 50EMA in the daily timeframe, and very close to hitting the 800EMA in the hourly timeframe
-A huge gap ~85.5 to be filled, and possible higher targets
-Stop loss slightly lower than ~70 (as it means it broke the strong support)
The fun part with this trade is low risk (only ~4% loss with possibly ~18% profit)
*Not Financial Advice*
DOT cycle analysis: VERY BULLISHThe chart in the middle is the market cap of all altcoins minus stablecoins divided by BTC's market cap. as you can see during the last bullrun we had a decline of this value while the price was rising slowly while bitcoin's price was rallying, and as soon as btc started reaching its top then DOT rallied massively.
Today's situation is extremely similar to that. I would suggest to get your positions ready for a big jump as soon as btc stops rallying as it has been doing in the past month.
I think we will see some consolidation above the 10 dollars resistance and then a big rally to about 20 dollars.
Good luck and have fun!