TERM
ETH/USDT 1HInterval Chart ReviewHello everyone, let's look at the 1H ETH to USDT chart, as we can see the price is approaching an attempt to break out of the triangle marked in yellow.
Let's start by setting goals for the near future that we can include:
T1 = $3,452
T2 = $3,576
T3 = $3,665
AND
T4 = $3777
Now let's move on to the stop loss in case of further market declines:
SL1 = $3,307
SL2 = $3227
SL3 = $3097
AND
SL3 = $3097
Looking at the RSI indicator, we can see that it remains in an upward trend, while when we look at the STOCH indicator, it looks like a return to price correction is possible.
EURCHF Longer term / Swing Shorts As per the video I think EURCHF is at a good place with great RR to enter some short positions. For months the trend has been downwards and I'm hoping to catch that trend again down to the next point.
AAVE - ClasaICrypto - Long Term - AAVE is a decentralized finance (DeFi) protocol built on the Ethereum blockchain, providing peer-to-peer lending and borrowing services without traditional intermediaries. Initially launched as ETHLend in 2017, AAVE later rebranded and became one of the prominent DeFi projects.
Here are some key aspects of the AAVE protocol:
Lending and Borrowing: AAVE enables users to lend or borrow crypto assets using a collateralized system. This process occurs without traditional intermediaries, such as banks.
Liquidity Pools: AAVE utilizes a market model based on "liquidity pools," where users deposit crypto assets into a pool to provide liquidity and earn interest. Other users can then borrow crypto assets from this pool.
Flash Loans: AAVE introduced the concept of flash loans, allowing users to borrow crypto assets temporarily without requiring collateral. These loans are conditioned on their return within the same transaction, adding a high degree of complexity and opportunities for advanced traders.
AAVE Token: AAVE has its native token called AAVE. This token is used within the ecosystem for governance decisions and to participate in activities such as lending and borrowing. AAVE holders can also earn interest and other benefits.
Governance: The AAVE community of token holders has the power to propose and vote on changes to the protocol through the decentralized governance mechanism.
AAVE has had a significant impact on the DeFi ecosystem, contributing to its innovation and development. It is essential to note that the DeFi space carries associated risks, and users should be aware of them when participating in such protocols.
BTCUSD 2023-2025 16k--62k-ish?Here we have BTC-USD-monthly with logistic (growth) function (phi-rameters are somewhat arbitrary) and with simple Triple Exp Moving Average.
Based on this, I am kind of thinking to buy in during the autumn 2023 (somewhere between 12k-16k), and I might be selling during the winter 2025 (somewhere between 44k-62k). Or maybe not.
___
This is NOT a trading advise! (It is just my superbiased idea.)
The information shared is not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations!
GOLD - Long-term Swing to $2500Hello traders!
This is an area where I have been expecting gold to fall for a long time.
Since the price has reached the POI, I will wait for additional confirmation to go long to $2500.
This is the idea of swing/position trading (very long term). It can also be considered as an investment idea.
However, the risks must be calculated and you must have a proper plan in place before any execution.
This is the first POI from which the price can potentially turn bullish.
If we don't get a confirmation and the zone fails to hold, the 2nd POI will be monitored.
Good Luck!
DISCIPLINE
Strive for patience, perseverance, determination, & rational action.
Limit your losses, use stops.
Never cancel a stop loss order after you have placed it!
It's just an idea of mine.
However, everyone can share their thoughts in the comment section below.
Also, don't forget to support me! :)
Disclaimer: Trade at your own risk. I'm sharing my ideas and not giving trading advice.
Always plan your trade and trade your plan.
Presentation of possible variants of the DCA strategyBuying areas and possible withdrawals of the QQQ ETF, for long-term investments. You can follow the evolution on a weekly timeframe and take profits or add to the investment at major support or resistance areas.
What you think about it 🤔😂 What you think about it 🤔😂 ! But wait ✋ think about this analysis seriously or regret later 📉📈🔥....may be it can be take support at $3500 also 💀 or take off on right now price ( between $17k or $20k ) 🚀 as compared to 2020.
also btc big f*cking rally coming soon (In 2024 📈🔱) so best of luck 😉👍to all.
Neutral - Watching Pennant/Triangle Consolidation PatternCisco is having trouble getting past the high from the tech bubble at the turn of the century. Keeping an eye on this chart pattern that has formed as it consolidates (may take several more years to play out). I won't short if it breaks down, but I'm watching for a potential upward breakout to trade on (looking for a decisive monthly close above the green tend line ideally with significant volume).
Cryptocurrency - At A Crossroads...Reposting this just as the historic Ethereum Merge gets underway. (Original post from July was removed)
Since the March 20 low when the market cap was a measly 91 Billion, the crypto space added a whopping $2.7 Trillion before topping out in November 2021, an impressive 2700% jump.
The market has since corrected 74% to the tune of $2.25 trillion. We are now testing 2018 highs along with the 0.382 Fibonacci level.
We could also see that the space found support at the 0.382 during the 2018 correction.
The market cap has travelled in this ascending channel for about 5 years, it has now reached the critical red dashed trendline , you will notice that it tends to act aggressively here.
Price initially found some resistance before breaking through in November 2017. In August the following year, it failed as support and a 60% drop followed.
The trendline then proved to be resistance with a firm rejection in July 2019, price finally broke through in January 2021 before going on to make new all time highs.
Another crucial support being testing is the Simple Moving Average (Blue Line), we could see that price found support here during the 2018 bear market low,
& once again during the March 20 sell off. Should the SMA act as resistance, we may tread the bottom channel for some time.
Should the SMA, trendline & the 0.382 hail to hold, the 0.5 Fibonacci lines up nicely with the bottom support trendline, this is about a 50% drop from current levels. (My Ideal Load Up Zone)
If we look at the correction that took place in 2018, a similar 88% plunge will place us right at the 0.618 Fibonacci level. (Reload Zone)
On the flip side, should price action remain in this ascending channel, the bottom trendline will line up with 0.382 in January 2024.
It also marks a similar duration between the 2018 top & March 20 lows.
Over the last 18 months, it has certainly paid to be a US dollar bull, whilst everything else has fallen to pieces (it seems).
With its largest interest-rate increase in 28 years, the hawkish Federal Reserve signalled a strong determination to fight inflation, even if it ultimately takes a toll on the economy.
This has undoubtedly affected cryptocurrency. Despite Bitcoin's inflation hedge narrative, a speculative asset class was never going to be spared.
“Be fearful when others are greedy. Be greedy when others are fearful.”
Back in July, the Fear & Greed Index had broken the record for uninterrupted extreme fear.
The index had been in a range of extremely negative sentiment for a record 72 days.
The extremely negative sentiment had been in place since BTC collapsed from the $38,000 level on May 5.
Today, the Bitcoin Fear & Greed Index sits @ 27/100, narrowly avoiding extreme fear levels.
Are the bulls ready to turn the tide? Or will the bears continue the assault & send us to the abyss?
With PI Cycle theory flashing a bottom, market ripe with fear, miner + retail capitulation, calls for BTC to hit 0, market oversold with RSI+MFI @ record lows, tether dominance showing weakness, in my humble opinion - its time to DCA into positions.
There is no doubt, an interesting few years is upon us.
Good Luck!
Speculative Setup, DYOR.
Buy her $ROSE not a Rose 🌹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
According to my last analysis of ROSE, attached on the chart, we can see that the bulls took over from a long-term perspective after breaking above the 0.055 resistance.
📈 After breaking below the 0.11 major low in red, the bears took over in the medium-term.
Currently, ROSE is bullish in the short-term, undergoing a correction phase inside the rising blue channel.
🏹 For the bulls to regain full control, we need a break above the 0.15 previous major high in blue.
📉 Conversely, the bears would take over and initiate the next bearish impulse movement if the previous low at 0.11 is breached downward.
🌹 Buy BCBA:ROSE , not a rose; it is cheaper and a longer-term investment.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
TSLA in -12.68% downward trend, declining for three consecutive Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where TSLA declined for three days, in 206 of 266 cases, the price declined further within the following month. The odds of a continued downward trend are 77%.
PYTH:TSLA
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on December 29, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on TSLA as a result. In 55 of 72 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 76%.
The Moving Average Convergence Divergence Histogram (MACD) for TSLA turned negative on December 29, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 43 similar instances when the indicator turned negative. In 32 of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at 74%.
TSLA moved below its 50-day moving average on January 09, 2024 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for TSLA crossed bearishly below the 50-day moving average on January 12, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 10 of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 77%.
The Aroon Indicator for TSLA entered a downward trend on January 29, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator shows that the ticker has stayed in the oversold zone for 10 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an Uptrend is expected.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 18 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a +4.57% 3-day Advance, the price is estimated to grow further. Considering data from situations where TSLA advanced for three days, in 292 of 349 cases, the price rose further within the following month. The odds of a continued upward trend are 84%.
TSLA may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
CADJPY Shorts At Market Longer TermAs per the video idea price action is at a perfect place to sell, great risk reward. we've seen some lower highs and we are at a place now where it could sell off again.
EURJPY shorts now in play.As per my longer term EURJPY video idea last week I have now entered short waiting for the 73% fib to be hit which is my preferred level on retracements. It's a longer term trade so need to let it play out
GBPUSD Longer Term ShortAs per the video the pound has been in decline over the past years so am looking for longer term shorts. On the weekly price action looks toppy and there's a good risk reward potential for entering short now looking for a retracement to 50% or even further. Whether it will ever reach parity or simply bottom out and climb remains to be seen in the future.
NSE:Relaxo 👟👠👢 can it walk or run..
Relaxo Footwears Limited manufactures and sells footwear for men, women, and kids in India and internationally. It offers casual, running, athleisure, walking, formal, sports, school, and training and gym shoes. The company also provides slippers, sandals, flip flops, slides, chappals, casuals, belles, and clogs. In addition, it offers footwear accessories. The company provides its products under the Relaxo, Bahamas, Flite, Sparx, BOSTON, and Mary Jane brands. It sells its products through 394 exclusive brand outlets; and e-commerce portals. Relaxo Footwears Limited was founded in 1976 and is based in New Delhi, India.
The Royal Trapping of Retailers - Pre-warnedOn Dec 20 - almost 10+ sectors in Nifty faced their individual resistances together - which " Triggered " a coordinated sell-off.
I once again say the word - Trigger because FIIs and DIIs just kick started a sell-off and Retailer investors fell into the trap when they saw all their stocks across sectors started falling together. Just panic selling. At the end of the day FIIs and DIIs bought all the stocks resulting in Net +3000 crore of Buy activity despite major fall across all sectors
I wrote a 8-part article already about this on same day. Additionally I Pre-warned on Dec 31 that similar situation is expected to happen on Jan 1st week as 6 out of 13 sectors are meeting their long term resistances together.
Today - it came to Life. Another big round of sell-off across many sectors but net activity of FIIs and DIIs are both on BUY side. So who got fooled ? Who got trapped Royally?? It's us the Retail investors who once again don't have the perseverance, the technical knowledge of charts , the conviction on their own portfolio falling prey to Panic Selling.
We need to " Learn to Ride the Tide irrespective of its Side "
Thats the moto of our group - Stocks-n-Trends
Team Stocks-n-Trends
Another long-term downtrend broken?Here is another stock potentially breaking out of a long-term downtrend/basing pattern. I tried to put the trend line where there were the most hits so that it would be more accurate, but that resulted in some false breakouts in the past and, as a result, this could prove to be a false breakout or that the trend line isn't even accurate and there was no breakout. But the potential breakout occurred on strong volume, which is a good sign. Based on the assumption that a long-term downtrend has indeed been broken, I like this stock long-term. I don't like to set price targets, but rather set a stop loss and keep increasing it if a stock continues to rise. If this ends up proving to be a false breakout, or not even a breakout at all as I've stated my trend line might not be good, a break below long-term support of about $4 would be a very bad sign, but also potentially very good at shaking out the last of the weak hands. Think about it, if you had the ability and really wanted to shake out the weak hands, you would manipulate a false breakout here followed by a big shakeout below previous long-term support where you could buy at dirt cheap prices and then take the stock up for the move everyone thought would initially happen.
This is not advice, just a very simple observation of a long-term chart pattern, decide for yourself and if you decide to trade this move, do so at your own risk. I'm a long-term investor, so I like to trade on longer-term moves and therefore and willing to take more risk - it wouldn't bother me if this stock had a shakeout following this potential breakout, but for short-term traders it would probably be too much to risk going through something like that, or their tighter stops would be taken out before the stock really gets going. I'm good with that as it adds long-term strength and more potential movement long-term.
EURUSD : Post Brexit Shock. Reaching Parity with $$EURO is doing huge bear flag and might break down on longer cycle.
We are in corrective structure making flag making D wave. Apparently, given more chaos and currency price wars we can slid down to a parity as 1$ -1euro. though we have chance to bounce back and make E and then drop down.
For Near Short term, it might make flag after that break of trendline before hitting the bottom for completing D.
I would suggest you to ride the waves and bounces.
Enjoy the trading.
ps. arrows shown in the chart has no specific value, it just shows the direction of waves. Please calculate your own entry prices and strategy for the trade based on your a/c and risk management.
BTC short-term is going to drop from $42700 to $40k.We are in a bull market and through Dec 2023 clear a, b, c correction is being made.
Wave a and b are clearly done.
Wave c looks like a textbook ending diagonal pattern with waves 1, 2, 3, 4 already done and now we are in the middle of wave 5.
The drop won't stop until price reaches $40k level.
It's a good trade with a very high likelihood of success and amazing risk to reward.
$42700 is a good place to short with a stoploss at $43900 (above wave 4) and take profit $40k.
BTC bullish for now then Tankagejust speculating. i've nailed this cross of fib channels before where the white cross literally acted as bottom target like a magnet and this seemed to line up nicely. but didn't publish till i realized we never retested the 2017-2018 high around 13.9k on a monthly we just blew past it and it happen to line up perfect so i'm putting in the possibility realm. plus i feel a max pain scenario in markets and crypto coming where we are begging for regulation. the Luna test run went well.
LONG ETHwe made a hightimeframe higher low fitting my eliot wave count.
this gives me a bullish bias for the comming weeks/months. main targets above 2000.
is the bottom in? who knows only time wil tell.
not financial advice, do ur own research.
