Get started

TOP-6

| XRPUSD | OVEREXTENDED MOVE HAS REACHED ITS RESISTANCE!Good day all, This article is an extension of my previous article, which basically explains the direct correlation to the previous bear market structure. The first article is recommended to be read prior to this and therefore I am linking it below: Now that you have scoped that article all of this will make sense. I have zoomed the time frame to the daily chart and have found even better results of correlation between the two time zones. As seen in yellow these levels of support and resistance are indicated as being the previous bear market's strong levels of support and resistance. Now the correlation between the 2 aren't exact but are almost exactly $0.025 apart from each other which is an astoundingly interesting finding as past price action does tend to rhyme. If you read the last article you will see why I have placed month intervals from 17-19, if not they indicate the months following the beginning of the bear market in each respective time zone, which happen to be the same amount of months leading up to the most recent explosion in price. This fact alone would be a coincidence however after analyzing the daily chart correlation I have found key levels which are too similar to be a coincidence and therefore can be used as a good indicator of where the price could go. Some would argue that XRP has finally detached itself from the BTC cyclical structure due to the most recent hike in price leaving BTC in the wake, however, what you must understand is there are always going to be idiosyncratic events that detach individual assets from a general cyclical market mover, which in this case in BTCs market structure. The idiosyncratic event as we all could guess is the current SEC VS Ripple summary judgment brief news. Another bearish indicator based on this current news is that generally investors and retailer traders tend to buy the news and sell the release and this may be one of those cases, even though a win for Ripple would be revolutionary news it will most probably result in a healthy retracement back down to the cyclical average as the idiosyncratic phase as passed. I will also add fuel to the fire by adding that we still have plenty of bear market left based on the halving cycle being far from sight and a potential continuation of the bears for BTC, which in terms is a catalyst for the continuation of the entire market to the downside. Reference to 2019 May-June (17th month): In this time period the price experienced a move of above 60% growth within this month placing XRP above the previous resistance that it had consolidated below for around 171 days which made this resistance exceptionally strong, however, the price eventually converted this resistance into support for a period of 57 days before all hell broke lose and the price saw a steady decline leading to the 2020 bottom on the 13th March at the valuation of just under $0.11. I am not in turn coming out by saying the price is going to reach these levels again but that is what the historical data shows. The Image below expressed the price action of the 17th month which correlates well with the current 17th-month price action: Reference to 2019 June-July (18th month): We have not entered the 18th month yet however, based on prior correlation at such an accurate degree we could see such price action occur. We saw a retracement at the beginning of the month in order to create the structure for the double top that followed near the end of the month. The price touched the key support level multiple times solidifying the $0.38 level as a strong support and resistance level for future prices. I have attached both the 17th and 18th-month price action to better understand the double top: Reference to 2019 July onwards: The price did not hesitate to continue at a fast pace to the downside leading to the eventual bottom at $0.11 in march of 2020, 256 days later. If I had to use the exact amount of time between the 19th month and the bottom to call a bottom of the current market it would put us at the 25th May 2023. This is not by any means a legit statement however if the price action does follow the general action of the past we could see a bottom around that time, which analysts have predicted prior to my findings. So who knows, all we can do is speculate and use the past as an indicator at the end of the day. I have attached an image of the whole 2019 bearish period up to the current price: I am thoroughly thanking you if you got this far in the article and if you did please comment your opinion and leave a like, would be much appreciated.
BITFINEX:XRPUSDShort
by Crisp_Flow
ETH/USD Trendline BreakHigher Time Frame Trendline Break, look for a continuation up north. Just know FOMC is approaching. A break below the Trendline may be a reason to get out. Tight stop loss for this one. Stay tuned more to come. PM me for any chart request and I will promptly post them. This corresponds to my previous signal on bitcoin. I would love to chat with you all about how to play the end of the year Q4. Like and leave a comment, I appreciate all the support. look for a retest of the low of this last 4 hours bar for best entry. I don't have a set price for take profit, just looking for a further continuation off these lows. That is all for now on Ethereum.
BITSTAMP:ETHUSDLong
by LiveTradingHouse
3
BTCUSDT: OverviewHello traders! Welcome back to another episode with Analyst Aadil1000x. Today I am posting my analysis with my old tactic in which we do the opposite of what 90% do/90% teach. As I always tell you never buy After a breakout because the market reverses after that. I am posting the perfect example for more understanding. I expect a dip towards 10K because the most vital bullish pattern is below 10K and BTC needs that kind of bullish pattern so that it can move at least 10 times high. The correct area where bears will jump in will be after the breakout of the trendline which is starting from the peak and it will take it for at least a 50% dip. This is just an overview of the trade but we will catch that move soon from the perfect position as bear patterns are already formed and we are waiting for its activation. Example 1 Example 2
Short
by Aadil1000x
4
INFLATION HAS TOPPED OUT!Good day We have all heard the news regarding the FED increasing interest rates in order to solve the inflation "crisis" we are currently enduring. Some say this is great, some say this is horrible, however, overall this move was inevitable as markets such as this are cyclical and manipulatable by those who control monetary policy. For those who are in the market for a quick buck that follows the advice of so-called pro traders, this may not be the greatest time for you. On the other hand those with diamond hands, the smart money understand the benefits of this very rare occurrence in time. Not only will you be handed a highly decreased asset to invest in, in the next few days/weeks but, your spending power will increase due to the FED's attempt to bring inflation to 2% on top of a substantial increase in wealth once we are out of the thick of it. (2024) It is not possible to know when inflation will reach 2%, only those who control the market fluctuation know these dates but for now, we need to understand that we are going to be in a recession most likely for the better part of 2 years, which coincidentally will line up with the cyclical bull market structure of BTC. Could this be a coincidence or are we heading for a bull market never seen before? it could be argued that the crypto space specifically has been held back in the recent bull market and like a spring will eventually jump to levels only one could dream of. This statement will be strengthened dramatically as the world moves into a space where digital currency becomes the framework of the exchange of value internationally and in all aspects of the current macroeconomic structure. This narrative will only be pushed on an institutional level once the ever-desired and increasing space achieves regulatory clearance of some sort in order to enable governments to sustain some sort of market dominance. This idea is widely unexcepted by the retail investor as most feel governments must be done away with in order to open up for a fully decentralized network to govern our financial sector globally... as great as this sounds it just sounds more and more like a pipe dream. We as people need to have some sort of governance and a system that regulates our decision-making on a financial level or else chaos will break out leading to potentially societal collapse. But on the bright side, the crypto space will eventually allow for a stable deflationary environment where our wealth will have a safe haven to grow. All we need to do is sacrifice complete decentralization in order to achieve a potential innovation of the financial system that will revolutionize finance forever... In this case, we all win... @TradingView
ECONOMICS:USIRYY
by Crisp_Flow
2
EURGBP - Potential Reversal!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. on WEEKLY: Left Chart EURGBP is approaching a resistance zone so we will be looking for sell setups. Knowing that EURGBP can still trade higher inside the zone before going down. That's why we don't sell blindly, we always zoom in to lower timeframes and wait for the bears to take over. on H1: Right Chart EURGBP is forming a double top pattern but it is not ready to go yet. Trigger => waiting for a momentum candle close below the gray neckline to sell. Meanwhile, until the sell is activated, EURGBP can still trade higher. Which scenario do you think is more probable and why? Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Short
by TheSignalyst
10
BTCUSD is ready to break Silver Jubilee FigureHello traders! Welcome back to another episode with analyst Aadil1000x. Today we are going to buy BTCUSDT from 20300. It has formed a bullish pattern at the key level. This rise will give us at least 24% profit. The first target is 22K, at this price we will take some profit and will move stop loss at entry. Stoploss 19000(-6.1%) Target 1, 22000(+8.2%) Final Target 25220(+24.2%) Thanks to the tradingview team for providing this platform.
Long
by Aadil1000x
4
TOTAL MARKET CAP IMPORTANT UPDATE MUST READ!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice. TOTAL MARKET CAP UPDATE In the last 2022 February, the total market cap made a bearish flag pattern and breakdown this pattern and dropped up to 37%. In 2022 May Total market cap made a bearish pennant pattern and broke down and dropped up to 37% again As you can see from the chart or absorb in the chart that now Total market cap again makes this bearish flag pattern but the breakdown is not yet done if it breaks down this pattern we can drop up to 37% again. This chart is likely to help you make better trade decisions if it does consider upvoting it. I would also love to know your charts and views in the comment section. Thank you
CRYPTOCAP:TOTALShort
by CRYPTOMOJO_TA
4
BTC ₿ REJECTS top of channel! Remain in shorts 👇📉!!!As previously confirmed, BTC has reached the top of the marked channel, swinging off a previously made HIGH. The rejection happened dollar-perfect from the previous LOW made during the last major dip. Volume continues to decline as the channel moves along a sloping support, but regarding the current market conditions, it is possible that we see yet another lower LOW forming once we break the uptrending channel. Currently, we see the price fighting to get past the POC of the range and as we keep forming lower highs on the LTF, we are likely to break to test the value area low. If prices reaches said VAL, we may have a scalp LONG opportunity on our hands for some quick money. Best regards, VOLK
BYBIT:BTCUSD.PShort
by VOLK-
Deep Analysis of Bitcoin By Aadil1000xHello traders! Welcome back to another episode with Analyst Aadil1000x. Today I am back with a deep analysis of this whole accumulation period. The market is getting more challenging. New patterns are forming that were never seen before. Also, this month there were many NEWS & reports released which has a strong impact on the market. Also, the tensions between superpowers are increasing and now Bitcoin is adjusting itself for the best. First, it was getting out of control and now this is what many followers wanted to hear that market is now under control. We are ready to move with the market and we will catch each and every move. This chart is the complete analysis of the previous moves. The reaction is the same as I always teach you but the problem is that the formation was tricky and to figure out the formation was tough as it was not in the shape as it usually forms. You can see after every trendline there is a breakout and after the breakout, there is a formation and every formation is a reaction to the trendline breakout. Each and every move is connected to each other. These are the sub-Cycle of the bigger cycle. Previously I posted the analysis of a bigger cycle. We will also catch the final moment before the breakout of this Cycle. For now, we will catch all the sub-cycles. Thanks to the tradingview for proving this platform.
Long
by Aadil1000x
4
US100 is Rising after a breakoutHello traders! Welcome back to another episode with Analyst Aadil1000x. US100 is at a key level and it's above the broken trendline as always Whenever there is important NEWS the market will be at a key level. The majority of the time Market confuses the traders but this time it will give a simple bullish move so that it can give a surprise attack later. I am expecting a very strong rise in US100 because of this CPI NEWS and this rise will form a shape like the 'J' pattern but the 'j' shape is not a good sign for the buyers. Previously My TR point worked with perfection and predicted the bottom of the crash with pinpoint accuracy. Just have a glimpse of this because you will never see this kind of scene anywhere other than in the Aadil1000x Analysis. Hope this will also work with perfection Thanks to the tradingview team for providing this platform.
ULong
by Aadil1000x
Clever Move by BTCUSDHello traders! Welcome back to another episode with analyst Aadil1000x. We are not holding the sell anymore and closing in little profit. Looks like this was another failed attempt to catch the dragon. On the first attempt, BTC dropped 12% and in the end, FED decision came out with an increased interest rate and it moved up. In this second attempt, BTC dropped 5% and still we are in profit but the probability of moving down has dropped to 40% so we don't risk money on less than 90% probability. Our main aim is to move with the market and make money. If the probability is not on our side then we will stay away as we can catch it again like we always do. The Bulls will jump in only after the breakout of the red trendline. After the breakout market will not look back. First, I was expecting a reversal after a breakout of this red trendline but the scenario is changed. I love the way BTC is moving. It's very tricky and I love it as with this tough movement I will be able to crack some of the high-accuracy methods. After the breakout, the target will be 27K. I am not revealing the next move now but the next move is very clear. Don't forget to give some boosts and follow to stay connected.
Long
by Aadil1000x
9