FTMUSDT ONE DAY UPDATEBy hitting our entry range it has pumped 42 percentage so far
we are not selles until FTM reaches the red box
Entering a position at the current price is risky
we already warned we will introduce big oppurtunities that will not be repeated for the next 8 years in vip dont missthe opportunities
Update
RUNE ANALYSIS🔮 #RUNE Analysis
🌟🚀 As we sail earlier, #RUNE performed the same. Currently #RUNE is trading above its major support zone and we could see a retest before our next target
🔖 Current Price: $5.575
⏳ Target Price: $7.232
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#RUNE #Cryptocurrency #DYOR
SAGA ANALYSIS (update)🔮 #SAGA Analysis - Update 🚀🚀
💲 As we said earlier #SAGA performed the same. More than 175% done move done in #SAGA. Now we can see that there is a formation of Rounding Bottom Pattern in #SAGA and we can see a more retest before a pullback.
💸Current Price -- $2.8100
📈Target Price -- $3.5700
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#SAGA #Cryptocurrency #Breakout #DYOR
PEPE ANALYSIS (update)🔮 #PEPE Analysis - Update 🚀🚀
💲 As we said earlier #PEPE performed the same. More than 48% move already done in #PEPE. Now we can see a little retest towards it's major support zone and after that a bullish move would be seen
💸Current Price -- $0.00001109
📈Target Price -- $0.00001670
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#PEPE #Cryptocurrency #Breakout #DYOR
SHIB ANALYSIS (update)🔮 #SHIB Analysis - Update 🚀🚀
💲 As we said earlier #SHIB performed the same. More than 40% move already done in #SHIB Now we can see a little retest from its major resistance zone and after that a bullish move would be seen
💸Current Price -- $0.00002127
📈Target Price -- $0.00002747
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#SHIB #Cryptocurrency #Breakout #DYOR
Alert!🚨 Bitcoin Update 🚨
In the past day, not much has happened in the crypto market. On the four-day timeframe, we still see a bearish signal indicated by the Supertrend indicator on the Bitcoin chart. As I've mentioned before on the channel, this suggests that the trend on the four-day timeframe remains bearish, with the price forming lower highs and lower lows. However, it's important to note that during this bearish trend, we may occasionally see pumps to the upside.
While the price has been following this bearish trend, it is also forming a massive descending broadening wedge pattern. I've recently discussed this on the channel, with resistance around $68.5K and support around $53.5K. As long as the price stays between this support and resistance, and particularly while it remains below resistance, the trend is still forming lower highs and lower lows.
If we eventually see a confirmed breakout with candles closing above this resistance, it would set up a major bullish price target for this descending broadening wedge pattern. However, as of now, we have not confirmed a breakout, which means we do not yet have a confirmed bullish price target. Instead, the trend remains bearish as the price continues to sit below this resistance.
#Bitcoin
Swing Into Potential Crash - Pt. 2PANW has traded in a boring range since I last posted my original idea (linked below). Here are the dynamics that have unfolded, and my forecast from here:
- The main factor we need to determine is if the recent consolidation is accumulation or re-distribution (I'm leaning toward re-distribution with a UTAD upcoming - meaning one more pop before major drop).
- There is a ton of overhanging supply, but at the same time a major gap above to fill
- Overall market is nearing a top (but still some gas left in the tank), so if we assume PANW won't completely disregard the rest of the market, then the re-distribution with a UTAD scenario makes sense ( for traders this means swing long currently, and then swing short based on
my updated forecast, below)
------------------------------------------------------------------------------------------------------------------
Forecast/Predicted price action:
A) Needs to clear 281.71 to give a new signal to enter long (I want to see a close above that level this week). If it gets rejected again at 281.71 then it will see another pullback along the thick red arrow on chart.
B) If we clear 281.71 then it will test 287.79 minimum , so I'll be looking at Apr 26 285 or 286 calls. Once it tests 287.79 , I'll sell half of my calls ITM and then wait for the major test (i.e. rejection at 287-288 or breakout above that level)
- If rejected then I will exit remaining calls but not switch to puts just yet, would need more confirmation. It would likely pullback along the 1pt red arrow if rejected
- if breaks above then I will hold my calls for target scenario (C)
C) If we get to scenario (B) and get the breakout above 287.79, then I'm expecting continuation higher to 298 - 300 ( my initial target = 299.20 by 4/19/2024 ).
- after it hits initial target then it will pullback to retest 287-288 for support before making one final run into the 300s. Don't short until this makes it into 300s to test the gap. It will crash later in 2024 so shorts will have their day soon. I'll send an update once this makes it to 299, but until then I gave you everything you need to trade this.
~Not financial advice. I'm not currently in a position, but will enter calls if we get the sustained break (or close) above 281.79.
#DOMINANCE UPDATE!#DOMINANCE UPDATE
In the short-term, a symmetrical triangle pattern is forming within the dominance trend, with the current trading activity occurring above the lower support level. It is important to exercise caution, as a breakout or breakdown of this pattern will confirm the next move in the trend.
Stay tuned
#BTCUSDT Short-term update#Bitcoin has broken above its resistance level and is currently undergoing a retest. This suggests that there may be a potential for a push in price leading to a break above its all-time high.
However, there is also some indication of bearish divergence.
The price action has been choppy and has resulted in liquidity being taken out on both sides. The only anticipation at this point would be for a bullish structural break, indicated by the daily close that was slightly above the zone.
Stay tuned for more updates.
#DYOR CRYPTOCAP:BTC BINANCE:BTCUSDT BITSTAMP:BTCUSD
NAS100 LONG (UPDATE)This is an update on my previous post of NAS100 longs. So NAS didn't give us the retracement we were looking for but we could easily still identify areas where we could take good entries off of. The initial move that bought NAS past the 18000 level was quick but gave us some hints as too where price could retrace to. If we look at where volume was present it falls on a key level (17800), which from previous price action has shown to be a well respected level. That along with some rejection off of that area would give us enough confirmation to enter and target fib extensions at price level 18300. Sometimes when price doesn't play out how we want it to we have to react of what it is giving us and that is a very important skill that any trader should practice.
Ethereum 1 Week Update$Ethereum (ETH) Update
Currently it's Trading Around $3048....
Now,
I'm Expecting A Little PullBack From This Current Resistance ($3059 - $3146) Zone Till Support Area ($2389 - $2717) Before A Major Uptrend....
There's A Slightest Chance Of Hitting The Resistance ($3503 - $3580) Level Before PullBack With A Possible Wick....
BTC Market Update 24th February📈 Market Update🚀
Flows to Bitcoin ETFs have remained massive over the past week, with Bitcoin ETPs globally witnessing a net inflow of 83,500 BTC in the last 30 days. This inflow is equivalent to six months of miner rewards following the upcoming April halving.
CME open interest is nearing an all-time high, reflecting a positive market sentiment as annualized futures premiums hold strong at 15%. ETH maintains a slight discount to BTC.
BTC's reaction to the CPI surprise was notably strong compared to its typical response to macroeconomic data in the second half of 2023. This suggests that macro factors could become relevant price drivers once again, although ETF flows continue to dominate the market.
Despite some red flags such as significant miner outflows to OTCs and indications of high leverage in offshore markets which is a recipe for a typical sell-off, there's no indication of a market "flush" yet. Bitfinex has a significant sell wall around 53-54K, constituting a high timeframe resistance from a monthly level.
The risk-reward ratio for ETH relative to BTC appears favorable due to the upcoming spot ETF in May, which marks the final deadline, along with the Ethereum Dencun upgrade next month. Moreover, Celsius is nearing the unwinding of their ETH position.
**TL;DR:**
- Neutral view with a bias towards long positions.
- Super bullish outlook for ETH.
- Red flag: Strong ask supply from Bitfinex and miner outflows.
Stay tuned for more updates as the market evolves! 📊💡 #MarketUpdate #Bitcoin #Ethereum #CryptoAnalysis #ETFs #BTC #ETH
The TradingView Digest - February 13thHello, readers! We're delighted to announce the relaunch of our Weekly Digest, now optimized for an improved reading experience.
Join us for a knowledge-enriched learning journey. Without delay, let's dive in! 🙂
In today’s edition, we’re highlighting the top posts from our community. This includes an informative post about Stan Weinstein's stage analysis, a video tutorial on market liquidity, a hot script on volume footprint, and all the latest headlines, earnings, and economic events. 🔥
⦿ Stan Weinstein’s method of Stage Analysis
Stage analysis is a powerful technique in trading that segments market trends into distinct phases, each offering unique opportunities and challenges. Developed by Stan Weinstein, this method helps traders understand and anticipate market movements.
By FXOpen
⦿ Understanding Liquidity
Liquidity is essentially composed of orders in the marketplace. Since trading operates as a zero-sum game, without liquidity, trading becomes impossible. To put it simply, if you want to buy, you need someone to sell to you, and vice versa.
By TradinG_Grace
⦿ Top Stories
SoftBank Swings to Surprise $6.4B Profit After Four Down Quarters, Arm Stake Nets $16B
Intel Chip Sales Halted by German Court
Bitcoin Halving Preparations Prompt Surge in Miner Outflows: Bitfinex Insights
Pharmacy Chains Are in a World of Hurt. Blame Shrinking Drug Reimbursements
Cloudflare's stock catapults 24% higher as earnings bring 'a lot to like'
⦿ Earnings
Earnings highlights from the previous week:
Alibaba's Q3 Earnings Fall, Approves $25B Buyback
Ford's Q4 Revenue Up 4%
Costco's Net Sales Rise in 2024
Adobe's Earnings to Rise 15.3%
⦿ How to Create a Solid Portfolio
Building a strong portfolio can be challenging for most investors. Knowing easy ways to start that journey can greatly improve your performance as an investor. In this post, we'll show you how to better pick stocks, using the NAS100 as an example.
By thesharkke
⦿ Bullion Ballet: Trading the Gold Platinum Ratio
Gold is a preferred precious metal driven by consumer jewelry demand, investment, and monetary policies. Platinum, also precious, is used for jewelry and somewhat as an investment. Unlike gold (6% industrial demand), platinum relies heavily on industry (73%).
By mintdotfinance
⦿ Script of the Week
Volume Footprint Voids
This script aims to plot single candle profiles and their own footprints. It uses lower timeframe calculations to plot different styles of single candle POC and can be used for scalping, finding precise entries and exits, and spotting potential trapped traders, etc.
By StratifyTrade
⦿ Our Weekly Thought
Always look first. Never rush into a trade or investment blindly.
We hope you found this helpful. Please share your feedback, comments, or suggestions with us in the comments below.
- TradingView Team ❤️
BTC Update (One Week)CRYPTOCAP:BTC (Update)
Currently Bitcoin Is Trading Around $45K....
Now,
I'm Expecting It To Hit The TrendLine Resistance With A Wick Around ( FWB:48K - FWB:52K )....
If The Resistance Is Broken Then We Can See The Upside Momentum....
Otherwise,
We Can See A Pull Back Till Support Area ($38500-$40K)….
CTSI Possible Long Setup #CTSI BIG Picture - January 21, 2024
CTSI has broken out of a long-term downtrend and is now trading in a new uptrend. The immediate target is $0.2553, and the long-term target is $1.00.
The chart shows a number of bullish indicators, including:
A rising 200-day moving average
A bullish divergence between the price and the MACD indicator
A bullish engulfing pattern on the daily chart
According to Elliott Wave theory, CTSI could be in the early stages of a five-wave uptrend. If this is the case, we could see another pump to $0.30 or even $0.35 before the wave 3 correction.
Here are some key levels to watch:
Support: $0.2553, $0.2250, $0.2000
Resistance: $0.2750, $0.3000, $0.3500
Overall, the CTSI chart is bullish. Traders should look for opportunities to buy on dips to $0.2553 or lower.
Here are some additional thoughts:
The breakout of the downtrend is a significant development. It suggests that the bears have lost control of the market and that the bulls are now in charge.
The bullish indicators on the chart are encouraging. They suggest that the uptrend is likely to continue.
The Elliott Wave theory is a subjective analysis tool. It is important to remember that there is no guarantee that CTSI will follow the predicted path.
for More such Information leave a boost.
Thank you!
BTC Market Update 14th January Post the spot ETF approval, there was a notable surge in significant inflows marked by high volumes. However, a distinct trend emerged with the redemption of AMEX:GBTC , highlighting two crucial points: first, there has been selling pressure on GBTC, and second, the anticipated inflows were lower than initially expected.
Weekends often witness limited liquidity, and order books are less robust, implying a potential gradual decline until further clarity emerges. While a correction in BITSTAMP:BTCUSD seems probable, especially following an uninterrupted rally, such fluctuations are deemed normal in market behavior.
During the weekend, GBTC couldn't execute sales, and BTC experienced a drop from 49K to 43K within 24 hours, partly influenced by Larry Fink's positive remarks on an ETH ETF, leading to a more than 20% rise in ETHBTC. However, GBTC is expected to resume selling on Tuesday. A second downturn is anticipated when GBTC announces outflows for yesterday.
Contrary to the observed $94M outflow for GBTC, it pertained to Wednesday, preceding its going live. Thursday's outflows likely reached the hundreds of millions, already sold into the market via CME futures and BITO. Authorized Participants (APs) sell futures and manage BTC on a T+1 basis.
People observed a $94M outflow for GBTC, but that was actually for Wednesday, prior to it going live. The outflows for Thursday are probably in the hundreds of millions, already sold into the market via CME futures and BITO. The Authorized Participants (APs) sell futures and then handle BTC on a T+1 basis.
The advisable strategy for the time being is to adopt a patient approach, observing the market without immediate action. A prudent course of action is to wait and reassess the situation.
BTC Market Update 7th January As BTC gears up for a significant shift, historical trends suggest a liquidity migration from altcoins to BTC. Yesterday's data and a thorough BTC scenario analysis lean towards a 'buy the news' stance, supported by bullish indicators in recent days:
📉 Open Interest (OI) Wipeout.
💥 Liquidation clusters favoring shorts, driving momentum.
💰 Tether printing resumes (significantly bullish).
📊 Bitfinex and Coinbase leading the tape, indicating bullish trends.
Flow indicators amplify the positive outlook:
📈 BITO's exposure hits an ATH of 41,000 BTC, with futures-based ETFs seeing a 310% increase in Volatility Share since October.
📊 CME's annualized basis remains above 10%, potentially decreasing post-ETF approvals due to BITO holders shifting exposure and possible redemptions.
Anticipating upcoming news, a surge in BTC may break through short clusters, pushing the price to 48k, possibly extending to 50k. However, profit-taking and the need for new narratives could trigger a retraction until the halving. Post-approval, analysts estimate a one-week timeline for the ETF launch.
Trade Ideas for the Next Move:
📈 Spot ETH ETF Trade: Long ETH/BTC (following the BTC playbook).
🔄 If BTC dominance rises, consider rotating into altcoins during BTC consolidation.
Stay tuned for updates as the crypto landscape unfolds! 🚀💹 #Bitcoin #CryptoAnalysis #ETF #TradingStrategies #CryptoMarkets