Technicalalysis
EURUSD - LONG - MARCH 28, 2024EURUSD has broken structure on the 1hr timeframe which will cause a pullback. But then, the supply zone which it has tap into could make it pullback to a potential demand zone. This demand zone at 1.09000 seems to be that it will attract price to it cause of the liquidity that is resting below it. At this point lets keep our fingers crossed and follow price action.
AUDCAD 60 MINS SELL SETUP The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
Tradelikemee Academy
Meme Coin To Gain Only 16.5%Dogecoin is expected to gain just 16.5% of its current value by the end of 2022, at $0.163 per unit.
The meme coin is now trading at $0.11, with a 24-hour low of $0.11 and a high of $0.14.DOGE posted a 24-hour volume of $650.45 million.
Dogecoin’s value has dropped by 12.6% in the previous seven days, according to data from CoinMarketCap.
However, it has risen by 147% versus the US dollar so far this year, despite this.
If you find this useful, drop a comment to help the community. And do not forget to use the right signals for today.
XAUUSD: Waiting for a Short opportunityHello, everybody, and welcome to my TradingView’s profile, my name is Gianni and today I’m going to analyse the XAUUSD , translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities.
My ideas are for those who are interested in improving their financial education and for those who are looking for new trading opportunities, according with their own strategies.
Daily timeframe:
4 hours timeframe:
1 hour timeframe:
Overall, this market is still ranging since a while inside a symmetrical triangle pattern and it broke its resistance level just a few days ago, closing with a strong bullish candle just above it.
However, looking at the 4hrs chart, the price is still slowly moving inside a fair value area, with buyers still slightly in control of the intraday market.
The price is currently close to the price control and the next price action around that level could give us more clues about its next movement.
Few continuation patterns, are a sign that the price is still moving to the upside and some continuation is expected.
When, where and why would I step into the market?
Usually, I don’t like stepping inside the market from the price control, cause is an area where the price gravitate most of the time and so many fluctuations happen around that level.
Also in the scenario of trend continuation, breaking the pattern to the upside, I’m not sure that the current market opportunity would offer to me a great RRR of 1:2, at least.
At the moment I will stay out for any trade position, waiting instead for a new rejection from the top line of the value!
If you enjoy this trade idea, please support my work with a thumb up and don’t forget to follow my profile for more detailed market analyses!
Trade safe and responsibly,
Gianni
DISCLAIMER
Please note the views are not investment advice and should be used only for educational purpose
LINA local scenario recoverBINANCE:LINAUSDT
✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it.
Thank you.
Possible Targets
➡️We hold 0.03$
➡️Possible break out downtrend local line and recover to test 200 EMA like resistance 0.05700
➡️After retest above this line possible to see continuation to 0.09$
MACD - bullish D1 timeframe
In oposite scenario we can see 0.026 (green line fundamental price)
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
Don't forget sub and join my channels under this idea!
ASM Assemble Protocol 127% PotentialHello Traders,
Happy Turkey day folks! I wanted to put a quick one together for you so you could grab some gains while you are munching. If we see a drop in BTC tomorrow I would expect this to have a potential buy at the black Friday deal target below, if not then you should get these nice gains along the way!
As always, below are some fundamentals for you to research the coin better and find some places to buy!
Have a GREEN week!
Savvy
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fundamental Analysis
ASM Price Live Data
The live Assemble Protocol price today is $0.142469 USD with a 24-hour trading volume of $88,714,844 USD. We update our ASM to USD price in real-time. Assemble Protocol is up 0.74% in the last 24 hours. The current ranking is #503, with a live market cap of $96,890,116 USD. It has a circulating supply of 680,079,761 ASM coins and a max. supply of 1,350,000,000 ASM coins.
If you would like to know where to buy Assemble Protocol, the top cryptocurrency exchanges for trading in Assemble Protocol stock are currently Coinbase Exchange, Gate.io, Bithumb, BKEX, and Uniswap (V3). You can find others listed on our crypto exchanges page.
ASSEMBLE Protocol claims to be a blockchain-based global point integration platform. It is claimed that the basic idea behind the ASSEMBLE Protocol is to provide its users an unrestricted opportunity to use their points, similarly as they use cash, anywhere in the world without any time or place constraints. And to enable point providers and ASSEMBLE partners a pool of opportunities to further expand their businesses and an access to a rich pool of users.
ASM Price Statistics
Assemble Protocol Price Today
Assemble Protocol Price $0.1453
Price Change 24h
$0.005001
UP 3.56%
24h Low / 24h High
$0.1267 /
UP $0.143
Trading Volume 24h
$88,714,843.70
UP 9.48%
Volume / Market Cap 0.9156
Market Dominance 0.00%
Market Rank #503
Assemble Protocol Market Cap
$96,890,116.47
Fully Diluted Market Cap
$192,332,818.50
BTC vs Bitcoin Dominance Hello Traders and Analysts,
A Note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged Neutral for the short term. Long term, bullish, due to purchasing further increments upon imbalances.
Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities.
Note:
I was incorrect in planning the imbalance to take us back to $20k or below, the reason for this is imbalances revert back to the original imbalance.
With Crpyto's it seems the Golden ratio and a high probability to 0.786% Deep retracement zone.
Master Key for zones
Blue = Monthly
Purple = weekly
Red = 4 Days
Yellow = 16 Hours
Orange = Daily
Dark Green = 8 Hour
Grey = 4hour
Pink = 1 hour
Please see the previous chart idea to understand where price was heading
An interesting note:
Based on a modelling concept using a base case where the Cryptocurrency market reaches the size of the gold market and Bitcoin remains at around 50% Market dominance and or reaches 60%+ as the market has previous held % dominance of. The price of BTC can reach heights of according to the multiplication factor of the model. Note: Using at the time of model the gold market is 11.03Trillion. The Implied market cap of 6,781.80T at 60% gives an implied price per BTC at $360,734.04 per BTC. 50% Market dominance will provide an implied price per BTC at $300,611.70 per BTC.
To know further about the model please message me in the comments or privately for further information.
Monthly Imbalances
Here are the latest imbalances for Bitcoin, where the point of interest had offered a weekly candle close from the peak high of $64,823.XX to $51,997.XX. This is a huge imbalance where price has offered a large change of hands to a critical price inefficiency. Sellers are now in control and created a low with a heavy drop where the weekly shows the rapid selling. This is due to the buying imbalance now changing to provide efficiency based up on the pivot point.
Bi-monthly Chart
The weekly sell zone from $64K All time high (at current).
The Fibonacci took us back to the weekly zone - refer to Weekly chart
- Weekly Chart
The Fibonacci successfully closes out with the -0.618%.
Understanding the Market Capitalisation of the coins history.
The privatised tracking will be found at the bottom - to view click the link.
Here is the Bitcoin market imbalances cap - monthly chart
Weekly Bitcoin Market Cap
Notice the equal lows which have formed the famous double bottom formation.
The weekly trendline whilst steep has now seen a sell off, but now can establish a take back being the dominant coin.
Daily Market Cap with BTC price
Notice the daily imbalance on the market cap and the price chart equate to the same position opportunity.
BTC - candle sticks
ETH - purple
BNB - Rose pink
XRP - Orange
ADA - Green
Tracking the major coins as of 6th October 2021
BTC - 44.69%
ETH - 18.51%
BNB - 3.19%
ADA - 3.11%
USDT - 2.95*
XRP - 2.22%
* based on a fictional USD stable coin derived from Fiat.
Source:
coinmarketcap.com
Here is the Daily, since the previous analysis - please ensure you read to understand why this was taken.
Do you enjoy the setups?
Professional analyst with 5+ years experience in the capital markets
Focus on technical output not fundamentals
Position and swing trades
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 MMXXI
✅BCHUSDT It did like we said yesterday!BYBIT:BCHUSDT
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Congrats guys! If you've been following the analysis and trading strategy as below.
Price already hit TP1!
As usual, don't forget to take some part of unrealized profit, do not miss you already gain!
Next, could hold it till TP2, and I'll update further TP later.
Keep following us!
-
If you like this analysis, give it a like and leave a comment below to share your perspective
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
long idea GNCA 1) Long trend.
2) The price is on the support line.
Open order for Buy 2.04
Target 2,60.
This is not an investment recommendation.
$REI Calls 5 Dec 17th, possible Return +494%Ring Energy Provides Encouraging Update on Northwest Shelf Phase II Development Program
-- Successful 2021 Drilling Campaign Focused on Highest Rate-of-Return Inventory and Capitalizing on Higher Oil Price Environment --
THE WOODLANDS, Texas, June 16, 2021 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today provided an update on its previously announced program to drill and complete three wells (“the “Phase II Program”) on the Company’s top tier Northwest Shelf (“NWS”) acreage, targeting Ring’s highest rate-of-return projects in Yoakum County, Texas.
The Bevo 664 C #2H well came online May 1, the Bevo 664 A #4H came online May 27, and the Bevo 664 A #3H came online May 30. All three wells started producing oil within three to four days of coming online, which is very encouraging in comparison to earlier wells drilled in the Section. During the last seven days, the three wells combined have achieved an average of approximately 300 barrels of oil per day per well. The Company’s working interest in each of the three wells is approximately 74%.
Mr. Paul D. McKinney, Chairman of the Board and Chief Executive Officer, commented, “The continued successful results from our development program are very encouraging and re-enforce our confidence in the strong inventory of drilling locations on our NWS acreage. In addition to the strong production results, all seven wells in our Phase I and Phase II programs were drilled and completed on schedule and within budget. With the recent positive outcome of our spring 2021 bank redetermination, the increased flexibility afforded by our pivot to a more opportunistic hedging strategy, and a sustained higher oil price environment, we are actively developing plans for our Phase III drilling program that could commence as early as the third quarter 2021. We look forward to keeping shareholders apprised of our efforts as we remain squarely focused on maximizing free cash flow generation to best position Ring for long-term success.”
EUR CHF - Long opportunitiesHello Traders and 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 our trading strategy. This is tagged long, due to purchasing further increments upon imbalances.
Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities.
Master Key for zones
Red = Three Month
Blue = Monthly
Purple = weekly
Scarlet - Four day
Orange = Daily
Magenta = 8 Hour
Grey = 4hour
Pink = 1 hour
Monthly imbalances
The 2015 low sell off closed and reverted from the low to create a new imbalance for longs to occur.
Upon the rejection - price was a clear buy upon rejection, however here the most important zone was return to retest 1.02 - 1.04 zone.
From here using the daily and awaiting confirmations - buys were to be added.
The reason, price pivot point and double retest and creating higher lows.
Weekly trendline & imbalance
The weekly trendline has been placed, price whilst climbing up to the imbalance - where price will in the long term will need to revert to.
Using the weekly while awaiting the low to create a high.
Use the Fibonacci for a safer opportunity to add a position at the 50 - 61.8%
Daily imbalance
So as is evident here the weekly and monthly imbalances - the daily has created an opportunity for longs as price has created a correctional channel, creating opportunities for shorts (to cover longs).
Price created the imbalance sell and then the bull flag has allowed price to discount itself back to an imbalance zone at a deep zone - where the Fibonacci is applied.
Here, also to note - the inefficient pricing is testing the trendline, but be aware price can retest the daily imbalance at 1.07XX-1.08XX
Be patient and trade the probability.
Fibonacci structure
Here is the completion of the bearish positional move - which is also the matching zone of the trendline at -0.618 - which is a target zone for shorts to close out - now this is a high probability for the inefficient pricing to now look for a balancing act, and create a buying imbalance from this zone,
Bull flag opportunity - combined with imbalances
Simply explained with what is happening right now.
Finally executing - this is down to the individual.
For me - using probability at the zone in the ellipse.
Do you enjoy the setups?
10 years combined analysis experience in capital markets
Focus on technical output not fundamentals
Position and swing trades
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,
Team LVPA MMXXI
XAU USD - the pathwaysHello traders and analysts
A Note before reading - this is a technical qualitative analysis - based upon our trading strategy. This is tagged long, due to purchasing further increments upon imbalances. Volume is used on occasion as well as quantitative features - which will be explained.
Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities.
See the SPX or US500 analysis here:
Master Key for zones
Blue = Monthly
Purple = weekly
Red = 4 Days
Yellow = 16 Hours
Orange = Daily
Dark Green = 8 Hour
Grey = 4hour
Pink = 1 hour
Monthly Imbalances
Below are the imbalances which are clearly outlined;
(i) the first imbalance, shows the 2020 low whereby price has retested the zone between 1112 - 1180, the previous imbalance identified is comprised of the Spinning top - while on a monthly body, the evidence is clear here where price will experience a buyer, sellers imbalance - giving the high probability of price closing out sells and creating a high buying imbalance upon the low.
(ii) the second imbalance is between 1447 - 1554 (despite this being a huge range - the reason for this zone is due to the price creating a high of 1554, which price has established - imbalances will be retested and filled successfully . Notice the monthly doji - before the bullish engulfing candle** (see screenshot two) to understand where the imbalance has filled the low closing of the high.
Price reacted and created the buying imbalance - converting the sellers to close out or buyers hedging positions.
** imbalance filling example
(iii) Price then established a high of 2077.XX - 1966 imbalance upon the monthly. This is now the Fibonacci monthly top - or the weekly target using Fibonacci on the extension target for further evidence of the high reaching the target top.
From here though, the imbalance converted the high - to the Fibonacci 38.2*, whilst this is only a confirmation, the real reason for this is price will close out the imbalance at 1673 - which needed filling. This created a pivot point within the market structure to establish further longs.
Now adding the weekly imbalances
Here are the highlighted zones which are where the imbalances have occurred. Notice how these zones align within the monthly imbalances. These are clearly defined as outlined by the second chart. . Whereby price has touched the imbalance low and closed out the wick. This has proved the monthly level imbalances and determines the pivot structure.
Four day, 16 hour is privatised
Daily Imbalances
The Daily levels are shown and on the imbalance wick - before price has created an engulfing candle.
The price shows the target of the range at 198X.XX - this will form a range top before the four day, weekly imbalance and daily imbalance above.
Price will look to leave a wick here for a high towards 1990 where the previous wick high was. This will be needed where the imbalance.
Where gold is heading using trendlines and patterns.
The idea of what price is looking to achieve - using the eight hour chart as a drawing tool.
Cross-asset comparison
Here is the XAU XAG sector index for a cross comparison showing the levels of commodities - showing the rise in precious metals are back with the imbalances.
Weekly overlay of XAU sector index vs XAU
XAU XAG
Here is the chart of Gold and Silver correlation - where price is floating around the 61.8%* Fibonacci retracement.
The reason for using this chart is to fully understand the relationship of the undervalue of XAU XAG against the market sentiment.
Inflation ETF Vs XAUXAG
Here is the monthly chart with the overlay of the Pro Shares Trust Inflation Expectation.
Below is the weekly chart - where 0% interest rates have been applied, since this moment repeating again since 1930's - this is a critical pattern piece of the market to understand.
Attached is the Fred Federal Reserve balance sheet
The monthly chart represents the S&P500, US02Y and the FRED/WALCL all together.
Notice the cross patterns between 2008/09 and of course with the most recent Pandemic.
A further detailed version of this is .
GBP JPY is privatised
Key
SPX = Orange
US02Y = Light blue
WALCL = Dark Blue
The returns of the US02Y correlation is negative against the SPX & FRED.
Although the SPX is completing the Fibonacci extension - this is a cause for concern.
This is a huge macro-economic shift and is now becoming concerning. For a further understanding, of QE and inflation measures - please do your research on said topics.
To put things into perspective - the Repo market has now created an over supply of cash in the market which has essentially no where to go.. where, the increase of USD at 0% has been part of the asset purchase and drawdowns on the balance sheet causing a Reverse Repo situation. This has not been helped in the slightest by states, and other financial measures providing stimulus onto the end user .
Do you enjoy the setups?
Professional analyst with 5+ years experience in the capital markets
Focus on technical output not fundamentals
Position and swing trades
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 MMXXI
XAG USD - May update [Full breakdown]Hello analysts and traders,
Please see the previous chart below for Silver.
A Note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged long, due to purchasing further increments upon imbalances.
Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities.
Master Key for zones
Blue = Monthly
Purple = weekly
Red = 4 Days
Yellow = 16 Hours
Orange = Daily
Dark Green = 8 Hour
Grey = 4hour
Pink = 1 hour
See the original idea here:
Monthly
Here are the clear paths for silver, to provide clear indications of where price will drive from and to.
The inefficiencies are clearly marked and have previously reacted at these points in the past.
The buy zone -
price had tested the low of 2009 - at a testing of the imbalance at $11.6XX, which falls inline with the three month chart view*
With the initial first time imbalance providing a clear buying path - the opportunity here was to buy upon confirmation of the low rejection, by looking to the weekly for a confirm.
The price was showing a high probability of inefficiency, allowing the price to pivot off the bottom of the wick.
Three month view*
The zones applied here are crucial to understand the monthly and weekly zones placed on top.
Yes, the zone on the top is a huge wick - however, this had provided price to grow into the pivotal and vital zone where price has provisions to show an opportunity here for the zone to become a great opportunity to obtain a future outlook breaking said zone. What price can indicate at this moment - is a large gap for price to freely test.
See the follow up chart **
**
Weekly
the weekly imbalances have been marked - where;
1. the inefficient pricing imbalance from the low point of 2020 - which marked the test of the monthly zone, price had rejected and created a new formulated zone above, where price had created a great opportunity and highly probable long position . the relevance of this candle marked, is where price has reacted - whereby sellers are closing out positions as the price is creating long orders.
The mid zone opportunity was based on the 2014 candle formation - where, price had begun to sell off upon a retest of the sell off from 2013 monthly imbalance.
This acted as a swap zone - but created a testing of the structure for sell imbalances to look to add positions.
The top imbalance is hiding within the monthly zone. Where price had rejected the monthly zone but needed to be retested.
Price created a weekly low which allows the price to create the low. From here, allow a retest - which forms a formation lower high.
Historical Fractal
Here are two weekly fractal formations where price had created an imbalance opportunity.
Price made a low which reaches the key level desired imbalance.
Four day
Here is the current four day imbalances applied to the chart - where price currently does not have an imbalance as yet - some would consider the $29.9 zone an imbalance but looking left - the next zone looks to be a high probability at $35.XX
The current state of the market - will see price 'move' where the market determines the range - which is well established.
Price during a bear market, will provide a high probability to keep price moving up to $35 range and beyond, but keep in mind the caveat of price falling first to shake out smaller buyers.
16 Hour time frame
Here is the 16 hour time frame, where price has established the area of the imbalance at the top of the range.
Price has reacted multiple times in this zone. Now price will be looking to test this area again for a third time. Once it has now - the imbalance will become a new additional zone to keep the long positions.
Cross over assets
Here is XAU XAG with the US10years as a cross over asset.
The Yields have always been entrusted as a good indication from a macro-economic prospective.
Using the weekly chart - price has established lows - which equate to a 'bottom out' . Price created a great monthly imbalance on the monthly chart*
The low zone $45 - 30 - price moved to create a new high which is -0.618 as intended using the Fibonacci extension tool.
Using Fibonacci - the 61.8% shows that price is at a strong level to react and pivot to push towards the all time high - but extend further.
**
Adding the Vix (volatility index) on the weekly timeframe. Price has has shown the yield correlation between the VIX and Yields.
Using the XAG chart vs the gold and silver sector index - this is for correlation purposes. .
XAU VS DXY
DXY is showing a weakening further of the US dollar , but has touched upon a critical imbalance as previously analysed, comparing the imbalance upon XAU in correlation to the SPX, XAU has created an imbalance between $1670- 1730 on the monthly rejection. This imbalance here can be retested as the SPX moves towards completing the Fibonacci extension sequence and forms its new imbalance upon a monthly time frame.
DXY is critical here as it forms a strong outlook in terms of the cross correlation of other assets (shown above) to give an indication of taking the risk in account that the identified imbalance is an area of interest to monitor moves for SPX and XAU alike in respective of awaiting the next action.
Applying Fibonacci to prove the price extension target lines with the imbalance on the four day, and weekly.
Inflation - simplified:
Types of inflation
Cost-push inflation – when a rise in prices is caused by a rise in the cost of production, such as higher oil prices
Demand-pull inflation – when a rise in prices is caused by rising aggregate demand and firms pushing up prices due to the shortage of goods
The most likely scenario will be a cost push inflation scenario
Rising wages
If trades unions can present a united front then they can bargain for higher wages. Rising wages are a key cause of cost-push inflation because wages are the most significant cost for many firms. (higher wages may also contribute to rising demand)
Import prices
Using the UK as an example, where 1/3rd of all goods are imported in the UK. If there is a devaluation, then import prices will become more expensive leading to an increase in inflation. A devaluation/depreciation means the Pound is worth less to the EUR GBP, GBP USD, GBP AUD etc. Therefore the payment is more to buy the same imported goods as before, where these prices are pushed on to the consumer to keep profits, the same.
Where are we with the inflation outlook?
Currently it is uncertain, but applying using the charts above where the VIX has been supressed but should not be ignored — plus the economy has never reopened from a pandemic before — and because the way the government approaches economic policy has shifted over the past year - where the FED (US) have adopted an approach of printing and keeping rates at very low rates to obtain and justify continuing a huge bond-buying program that the Fed began at the start of the pandemic downturn. Those policies make money cheap to borrow, ultimately bolstering demand for goods and services and helping prices to rise.
Keep in mind, the federal government has drastically loosened its purse strings, spending trillions of dollars to pull the economy out of the pandemic recession. Both the fiscal and the monetary response are meant to keep households economically whole through a challenging period, so there was also a risk to having less-ambitious policies.
Watch the chart to see price move in our favour to the upside or sink?
Do you enjoy the setups?
Professional analyst with 5+ years experience in the capital markets
Focus on technical output not fundamentals
Position and swing trades
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 MMXXI