Get started

Update

#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
by CRYPTOMOJO_TA
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.
OANDA:NAS100USDLong
by Xander_08
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
Long
by TheArabianWhale
1
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 ❤️
BITSTAMP:BTCUSD
by TradingView
5
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!
Long
by ML-Master
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.
by TheArabianWhale
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
by TheArabianWhale
Potential for Reversal - Needs ConfirmationA week ago I posted a Bearish Idea for AMZN - the initial target hit. I sentan update going into earnings for shorts to be cautious, here is the updated chart: - Above 126 is near term bullish. Needs confirmation with a break above 129 by 11/3 (needs to break above solid green line in chart) - If we get confirmation, initial upside target is 134 by 11/10/2023 - If initial target is reached then the goal target will be 140 by 11/27/2023 ** If we see rejection in the 126-129 range, and get confirmation with break below dashed blue channel, then the bearish path to 114-116 (from previous post) will resume.
NASDAQ:AMZN
by JerryManders
BTCUSD Weekly UpdateWe need to break above 44-46 to go higher. ● Below 40K we nuke to 38 and potentially flush to 34K. ● Whales are de-risking here, they are still net-long but potentially sell the news event. ● Alts going up where BTC is ranging is not healthy. ● If BTC goes down, Alts could nuke, so make sure to take profits on Alts because there is a good chance they go lower. As mentioned I am cautious about January but bullish 2024 Crypto. So remember markets can experience strong flushes in bull markets and your alts can go 50% down in a day. Welcome to the last cycle, good luck.
by TheArabianWhale
AMPG Intermediate Term view (Log Scale)Bearish intermediate term trend continuation confirmed. Bearish Break of Structure with Weekly candle closure under $1.62. Expecting a short term pullback after filling all internal range liquidity from Jun 22' - Jul '23. In addition, external range liquidity under $1.62 has been sweeped (Long Stops to close have been squeezed, Bearish open sell stop orders trapped for the moment). Let's see if shorts get squeezed before a new bearish continuation leg. We have tapped into Weekly BISI (Buy side Imbalance Sell side Inefficiency/FairValue Gap) so passive buyer's limit orders are coming in while simultaneously coliding against key structural support. The problem is; the company is subject to keep burning cash unless they decrease R&D (and the market will keep discounting this), the deterioration of fundamentals against a strong Q3 22' and the macroeconomic backdrop are all headwinds. There is an unmitigated monthly Pivot demand zone @$1.26 & a Weekly bullish gap fill @$1.08 + Monthly Open price from Oct2020 (The month the bullish breakout began 3 years ago). I still believe in this company and it's long term goals. I think such a deep transformation to the business model takes time to show it's full impact. We are on track, even after stumbling Q3 and quite possibly Q4 aswell. The market is fullfiling long term expectations.
NASDAQ:AMPG
by ilbarrutia
1
WILL BTC BE ABLE TO CONTINUE THIS BULLISH RALLY? In the higher timeframe, Bitcoin (BTC) is currently encountering two significant resistance levels that it must surpass for a more bullish movement to materialize. Why is it so strong? it's a 446-day resistance In the daily time frame "After each significant or sudden movement, Bitcoin has exhibited a tendency to consolidate sideways." here we can see a bearish divergence in RSI also So what do you expect? LET'S HAVE A LOOK AT THE SHORTER TIME FRAME In the shorter time frame, Bitcoin (BTC) has broken out of this bullish pennant pattern and is currently in the process of retesting it. According to the technical pattern analysis, we can anticipate a potential bounce of approximately 15% to 17% from the current level. LET'S HOPE THIS IS NOT BEAR TRAP 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
Short
by CRYPTOMOJO_TA
7