$KAVA towards the $1The price zone from $1 - $1.1 is clearly a strong resistance area of $KAVA. From a broader perspective, we can clearly see that the price zone from $0.5 - $1 is a very large accumulation area when the buying volume is more dominant.
If $KAVA can break through the resistance zone >1$, we can completely expect the price to XXX many times.
Seasonality
BTC last UPDATE( YEARLY CLOSURE)I'm looking for 2 things at the moment, in order to have enough data to take a decision, regarding BTC. The first one is how price will react from 46k. From this first question, 2 scenarios arise in my mind: 1- a closure below 46k that will liquidate 40k will confirm the sell off towards 30k. 2- a closure above 46k will push price towards 51k, but even then, I still expect price to continue to liquidate the current lows formed on the daily chart and balance the current movement for a healthy bull market. And that's how we got to the second thing I was talking about in the beginning. 51k- this level is an imbalance left behind, right after the ATH has been formed and then price started its reversal that led BTC all the way down to 16k, after hitting 69k. Imagine how many orders are still left behind that area. Either way, I'm still looking for shorts, from both 46k and 51k. If I were to choose from those 2 by which has higher chances of respecting the shorts. I'd say 51k. But that would be valid only if price has already invalidated 46k. Which is why I'm waiting for more data to be printed. Until next time!
Looking to short the marketBy short the market, I mean to short the S&P500 and the Nikkei (JPN225).
Reasons for shorting these markets is alignment and the extreme overbought state it is in at the moment. This is not a bear market prediction, simply using the end of the December bull seasonality factor with alignment of the markets.
SP500 Short confluences:
All time high
Duplicate Trendline 2nd touch
Round number 4800
Nikkei Confluences:
All time high
Round number 34000
Using breach of first high to take the last high at the round number. I am also choosing this high as the HL formed makes the first high less likely to work therefore, because I want higher probability, I will take the high above.
Catch you later traders ▲
The Dragon Awakening: China's Stock Market Set for GrowthThe Chinese stock market has been volatile in recent years, but there are signs that it is on the verge of a major rebound. The government is implementing a number of reforms that are aimed at boosting economic growth and investor confidence. These reforms include tax cuts, infrastructure spending, and measures to support small and medium-sized businesses.
As a result of these reforms, there is a growing sense that China's stock market is undervalued. This is reflected in the fact that the MSCI China Index, which tracks the performance of Chinese stocks, is currently trading at a discount to the MSCI World Index, which tracks the performance of stocks in developed markets.
Investors who are looking for long-term growth opportunities should consider investing in Chinese stocks. The country has a large and growing economy, and its stock market is poised for a major rebound.
Here are some of the reasons why China's stock market is set for growth:
The Chinese economy is growing at a rapid pace. The Chinese economy is expected to grow by 7.8% in 2023, making it one of the fastest-growing economies in the world.
The Chinese government is committed to supporting the stock market. The government has implemented a number of reforms that are aimed at improving the environment for investors. These reforms include measures to increase transparency and protect investors from fraud.
The Chinese consumer is growing in affluence. The Chinese consumer class is growing rapidly, and this is creating strong demand for goods and services. This is a positive sign for the Chinese economy and its stock market.
Investors who are considering investing in Chinese stocks should carefully research their investment options and consult with a financial advisor.
LTC - Litecoin coils up for Mini CycleHi Traders, Investors and Speculators of Charts📈📉
Litecoin has gone through an extended accumulation phase, and by looking at previous examples of macro cycles on LTC, next up is most likely another upward cycle.
Previously, LTC went straight from bearish cycle into a mini cycle. But this time, we went straight from bearish cycle into accumulation phase, indicating that a mini cycle may likely be next before we hit the parabolic bullish cycle. In other words, MINI CYCLE and ACCUMUATION PHASE has swapped around this time after the BEARISH CYCLE.
There's no indication on the chart of a definitive move into an upward cycle just yet, thus I'm expecting a few more candles of accumulation / range trading.
It's important to note that during the mini cycle, the price can increase AND decrease substantial amounts. The price usually decreases back close to the starting point fairly quick after the increase. The mini cycle also lasts much longer than the parabolic bullish increase cycle:
These are the parts of the cycle we are waiting to repeat, with MINI / MID CYCLE coming up next, followed by more accumulation, followed by the parabolic bull cycle :
You'll know when it's around time for the parabolic increase phase when another Bullish Cross is observed on the LTC Market Cap :
Another great way to watch out for that serious bull run cycle is when LTCBTC starts to trade closer towards the white trendline and even above. Consider that the phase has ended again when LTCBTC candles lose the white trendline:
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CryptoCheck
CRYPTOCAP:LTC BINANCE:LTCUSDT BINANCE:LTCBTC COINBASE:LTCUSD
LINK - Gearing up for MASSIVE GainsHi Traders, Investors and Speculators of Charts📈📉
For a while now, LINK has been trading in a very clear accumulation phase. This is the zone we see after a bearish cycle and BEFORE a new bullish cycle.
Chainlink can be very "wicky", and often the price will go JUST UNDER/OVER the resistance zone, or JUST UNDER/OVER the support zone. This makes it hard to give precise entry points. Working within ranges and choosing the lower part of the range is the safest best to protect against those ugly wicks.
Here are some easy setups that guarantee profits during the next bullish cycle - but you will have to have packed-bags in order to bag-in on profits!
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COINBASE:LINKUSD BINANCE:LINKUSDT
Gold long IdeaLooking to long gold from the 2010 area, scaling in to the trade if it falls to the round number for a bullish push to end off the year and go into the new one.
Confluences:
Seasonality in gold, December is bullish for gold going into January
FOMC surprise rate cuts going into 2024 & 2025
in terms of tech, we have the 50% fibo here as well the -23.6% from the current leg.
Targeting 2061, I have a longer swing I will be scaling into if gold continues to rise back to the alth.
Catch you later traders Merry Christmas ▲✞
Altseason Indicator. Capitalization excluding BTC ETH USDT USDCLogarithm. Time Frame 1 week. Understanding the capitalization and growth potential of altcoins without BTC ETH and top steiblcoins USDT, USDC and DAI gives a brighter and more accurate picture of the timing of the start and development of that long-awaited altcoin season of more pronounced scale than now on 16 10 2023 - at the time of publication 8 12 2023.
1) The capitalization of these assets has long been in a squeeze - consolidation, this is a direct correlation with the accumulation zones. We are conventionally in the final phase of accumulation (almost).
2) Please note that there has been no real capitulation (perhaps there will not be, and if there is, it will be V figuratively, but that is not the point). Very much emphasize your attention to the timing of the length of this phase and past late 2018 and 2020.
3) Also note to your eye that at that time 2018-2020 there was not such a big capitalization outperformance from the rest of the BTC and ETH market. Compare that to the situation now, how much other altcoins are "undervalued" speculatively. You also need to realize that there is a correlation with stablecoins and their huge portion of the overall market compared to the time before.
How to enter these parameters on tradingview? .
In order to capitalize alts from TOTAL3 (initially without capitalization of BTC and ETH) and exclude all large-capitalization stablecoins from it, you need to do the following:
In the ticker entry line in tradingview write:
CRYPTOCAP:TOTAL3-CRYPTOCAP:USDT-CRYPTOCAP:USDC-CRYPTOCAP:DAI .
Accordingly, a chart is created that subtracts the capitalization of the designated stablecoins (USDT, USDC, DAI) from TOTAL 3.
NQ expectations based on macro-economic analysis and structuralThere are 2 scenarios that I expect to occur, both with the final outcome, the circumstantial achievement of historical highs, because: we had a response to the restrictive monetary policies of the FED before 3/11/2023 with a lower than expected NFP and a rate of rising unemployment; then with decreasing inflation. I expect scenario 1 (white) to occur if in these days the markets close with a bearish acceptance below the last Value Area; scenario 2 (green) only if we have a bullish acceptance of the last established maximum. Seasonality should also not be overlooked as we are in Q4 and the very close Christmas rally, a Risk-ON period.
Most important chart to check BEFORE any other market!After 4 years of upward movement and reaching the ceiling of 5% yeilds.
Considering the momentum of the current downward trend from the 5% resistance, as long as the wave counting is considered correct and not violated, all financial markets, especially bitcoin, gold, and the US stock market for about the next year (2024) may be ascending
IF the bonds break the 5% resistance, the whole scenario is cancelled
Keep in mind that the amount of money printed and available to large investors to enter the financial markets is much more, and this can have much more extreme movements with it.
But beyond these cases, finding suitable entry points for each market is a completely separate and important issue that must be examined separately.
Neither gold nor Bitcoin are good places to buy now.
Bitcoin Correlation with Dollar Bitcoin Correlation with Dollar
A weaker DXY = a positive for BTC ✍️
The chart below shows the moments when 2 assets are correlated (circled⭕️). Note the DXY is inverted.
In the last post, I said that I expect the dollar to continue to fall, leading to BTC's growth.
💡What's next? Now, most analysts agree that the key rate will decrease in 2024, which is again negative for the dollar and positive for risk assets↗️
GBPUSD 4H Next Possible MovementHello Traders it been a while since we didn't share any analysis here we are back at the Game let dive In on the $GU 4H Timeframe Analysis.
We See a clear rejection of the price 1.2500 we can count it as a support Area and now the price start ranging it accumalte liquidity to either Goes Upside or downside but the Next Move will be massive, We have To Possible Scenarios.
1- We break to the Upside, that our confirmation then pullback and move to 1.2750 Areas.
2- Second Scenario is a continuation of the current bearish movement to break to the Downside then Pulback or retest the previous support that will became Resistance!
Global Net Liquidity & BitcoinGlobal Net Liquidity Correlation with #Bitcoin
The main factor in liquidity growth was the infusion from China (PRC - money supply M2 = +10.3%). There is also some optimism that Western countries will move to lower key rates in 2024.
💡The majority would probably like countries to start printing money in large quantities in a short period, like in 2021, and their assets to grow. Instead, I think that we are in for restrained growth in liquidity and with it the market's crypto.↗️
Long entry detectedIf price were to drop again around the low 100s again id suggest a long entry to a price target of 135-140. The need for time sensitive premium overnight air cargo services is now.
this company has been recently added to new fund made up by 30 companies from north americas three nations, Canada, United States and Mexico. tied together through the USMCA trade pact and seeking to take advantage of nearshoring.
#USOIL #WTI_CRUDEMacro: Price is likely to test and sweep 2023 Lows and stops.
M: Price failed to close below monthly BiSi
W: Price failed to closed blow wekly BiSi and also swept IRL/SSL
D: Price Closed below the 50% of Daily BiSi
4H: closed above 4H SiBi and another 4H BiSi is left untested at $70.1
1H: SiBi ahead that may push price lower to untested 4H BiSi (Bearish Scenario)
or in bullish Scenario it may disrespect 1H 7 4H SiBis and sweep the EQH
also we have bunch of red folders news in next week
that also include crude oil inventory report on wednesday
happy trading, manage your risk and salvage capital in case of a wrong trade
The perspective contrasts with the current context along the linThe end of last week's candlestick was suitable for us to have a new perspective on Gold until December next year, although a bit contrary to the current context.
Limit sell 2055-71
SL 2085
TP 1714
See more ideas with weekly frame ichimoku clouds below for further reinforcement.