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Bitcoin’s Deja Vu: A Bullish Flag Unfolds Towards a Historic ATHIn March 202 0, ( COINBASE:BTCUSD ) Bitcoin reached a low on Friday the 13th , forming a bullish flag pattern that initiated a new upward cycle. A similar formation appeared on August 5, 2024 , indicating the continuation of this bullish trend. Currently, Bitcoin is at the PR3 price level, establishing a base support around $108,923 . The next resistance is at QR1, approximately $197,491 . Upon reaching this level, a slight correction to around $145,669 is anticipated before continuing to the final all-time high (ATH) at QR2, set near $281,216 . From this peak, a significant correction to the correction support level (CS2) at $145,669 is expected. Analysts are optimistic about Bitcoin's trajectory. H.C. Wainwright forecasts a rise to $225,000 by the end of 2025 , considering historical price patterns and potential favorable regulatory changes under the Trump administration. Additionally, Standard Chartered projects Bitcoin could reach $150,000 in 2025, aligning with historical trends of major rallies post-U.S. presidential elections and following halving events. However, Bitcoin's inherent volatility remains a concern. Predictions suggest potential corrections of 15% to 30% during the bull run before reaching higher price targets. In conclusion, Bitcoin's current market structure and historical patterns indicate a bullish trajectory with potential significant price levels and corrections. Investors should remain vigilant and consider market volatility when making investment decisions.
COINBASE:BTCUSDLong
by insidermike
[Education] Why You Can't Break Free From Get-Rich-Quick TrapYou already know the get-rich-quick mindset is killing your trading career. You read the books. You understand that consistent profits come from proper risk management and patience. Yet somehow, you still find yourself hoping for that one trade that will change everything. I understand that feeling. I spent 5 years trapped in this cycle. Let me share something embarrassing. I was previously managing a $200,000 funded account. My strategy was making a consistent 1-2% monthly. I got greedy. I saw a "perfect" setup and decided to risk 5% instead of my usual 1%. "Just this once. This setup is different.” That one decision wiped out my profits and I lost that account in a single trade. The Psychology Behind Our Self-Sabotage Here's what makes this mindset so dangerous. We can intellectually understand it's wrong while emotionally believing we're the exception. It's like knowing fast food is unhealthy but convincing yourself that this one burger won't hurt. The truth is our brain is wired for quick rewards. Whenever we see those trading “gurus” posting screenshots of their profits, or a picture of them partying, driving sports car, and flying first class, we can sense that they are fake. However, our emotional brain lights up with possibility. "What if it's real? What if we're missing out?" This creates an internal battle in our mind. We know we should focus on consistent execution and proper risk management. We have to play the long game. But our emotional side keeps whispering, "Just one big trade. Just this once." The Hidden Influence of Social Media We're surrounded by images of instant success. Traders posting five-figure profit days. Twenty-somethings with Lamborghinis claiming they made it trading crypto. Even though we know these are likely fake or cherry-picked results, they affect us more than we realize. I remember sitting at my desk when I was in my audit job, scrolling through trading contents on Instagram during lunch breaks. Every post showed massive profits. Nobody was posting their losses, their blown accounts, or their struggles. This created an unrealistic benchmark in my mind. My 2% monthly gain felt insignificant compared to these supposed overnight millionaires. This distorted perspective leads to a dangerous form of self-sabotage. We start taking larger risks, not because our strategy dictates it, but because our normal profits feel "too small" compared to what we see online. We “need” more profits. The Compound Effect of Impatience The most insidious part of the get-rich-quick mindset isn't that it makes us take bigger risks. It's that it makes us unable to appreciate the power of compound growth. Let me show you what I mean. When I first started trading properly, I was making about 3% per month on a $10,000 account. That's $300 a month. It felt painfully slow. I kept thinking, "At this rate, it'll take forever to reach my goals." But here's what I didn't understand then. Consistent 3% monthly returns, when compounded, turn $10,000 into $43,891 in five years. In ten years, that becomes $192,577. Add in regular deposits from your salary, and the numbers become even more impressive. Instead of appreciating this mathematical certainty, we chase the fantasy of turning $10,000 into $100,000 in a month. The irony? This pursuit of faster growth usually leads to account blow-ups that set us back years. The Real Cost of "Just This Once" We all know the phrase "just this once" is trading's version of "one last drink". It's never just once. Each time we break our rules and survive, or worse, profit, we reinforce the behavior. Our brain logs it as a successful strategy, making it harder to stick to proper risk management in the future. I learned this lesson the hard way with prop firm challenges. I'd be up 5%, nearly passing the challenge, and then decide to take a larger position to "speed things up." Almost every time, this decision led to failing the challenge. What's worse, even when it worked, it reinforced bad habits that would eventually cost me more money. Breaking Free From The Cycle The solution isn't just knowing better. You already know better. The solution is building systems that make it impossible to act on these impulses. When I finally became consistent, it wasn't because I found better self-control. It was because I removed my ability to make emotional decisions. I created rules that were specific and inflexible: My position sizing is calculated before the market opens. No adjustments are allowed during trading hours. Every trade must be pre-planned with exact entry, stop loss, and target levels. No deviation from my trading plan is allowed. I only opened my trading platform during specific hours that I’m allowed to trade. These rules might seem extreme, but they protect me from myself. They make it impossible to act on those "just this once" impulses that we all feel. The Professional's Perspective Want to know what real professional trading looks like? It's boring. Mind-numbingly boring. I now manage multiple six-figure funded accounts, and most of my trading days are completely uneventful. I take 2-3 trades per week. Each risk is exactly 1% of my account. My average winner makes 2R. Some months I make 5%. Some months I make 1%. Some months I lose money. But over time, the consistency compounds. This is what trading success actually looks like. No excitement. No massive winning days to screenshot. Just steady, consistent execution of a proven process. Embracing The Slow Path The hardest part isn't learning to trade properly. It's learning to be satisfied with "boring" profits. It's learning to celebrate a 2R winner instead of feeling disappointed it wasn't 10R. It's learning to find pride in perfect execution rather than profit size. This shift requires a complete redefinition of trading success. Instead of measuring success by profit, measure it by how well you followed your rules. Instead of comparing your returns to Instagram traders, compare them to bank interest rates or index funds. The Path Forward You already know the get-rich-quick mindset is destructive. The question is: Are you ready to embrace the boring path to success? This means accepting that: Your first year of proper trading might only make you a few thousand dollars. You'll have to watch other traders post bigger profits than you (real or fake). Some days you'll do absolutely nothing but watch setups fail to materialize. Success will come so gradually you might not even notice it at first. The choice is yours: Continue fighting this battle alone, or get the support you need to finally break free.
SP:SPX
by Keeleytwj
BBW: One of the Great Wealth Transfer BeneficiariesHey, all. Wanted to get a video made for the first time in a few weeks. I have a position in NYSE:BBW that has been doing well. In my opinion, this is a stock that is geared for further upside. Earnings have been coming in consistent and they have done a good job with their product offerings as I found out when visiting their website recently. I do think NYSE:BBW can continue the growth, especially as more Millenials and Gen-Z have kids. The Baby Boomer generation will want to spend money on their grandkids and that should drive up cute stuffed animal sales. At any rate, please do your own research and invest carefully and wisely! Hope you enjoy the video, and best of luck out there!
NYSE:BBWLong
by redykhouse
9
$FTM HTF Bullish Scenario Currently we are experiencing bearish activity perhaps till December. I expect a subtle consolidation of accumulation near the trend line of the channel before making its move to the upside. I do think once it has gone past the fib levels of 0.618 and 0.65, price will retrace back to the zone before creating a bullish takeoff. SET:SONIC is coming out soon. Marketing is there, and the chain is being used. More influencers are shilling UPCOM:FTM currently. Once the BTC dominance stops making all the alts bleed, I do believe it will give the alts the chance to start seeing their highs as profits rotate in crypto.
FLong
by Decrypted_Defi
2
WEATH : Recovery ahead?Wealth First Portfolio Management Ltd – Daily Chart Analysis 1. Golden Extension Zone (113%-127%) Reaction The price reversed after reaching the Golden Extension Zone near ₹1,693.80. This zone acted as a strong resistance, pushing the price down into a key Demand Zone (₹1,355-₹1,331) . 2. Corrective Structure and Support The price appears to follow an ABC corrective wave pattern , with wave C nearing completion around ₹1,395.20. Initial support has been observed in the Demand Zone , suggesting potential for a reversal. 3. Trading Plan and Key Levels b Bullish Scenario If the price sustains above ₹1,355, it could rally toward the Golden Retracement Zone at ₹1,666-₹1,710. Key Levels: Target 1: ₹1,666.60 Target 2: ₹1,710 b Bearish Scenario A break below ₹1,319 (day close basis) may trigger further downside to the next Demand Zone at ₹1,127-₹1,155 . Stop Loss: ₹1,319 (day close basis). 4. Observations and Indicators Volume: Higher volume near the current Demand Zone hints at potential institutional buying. Moving Averages: The price is trading below the short-term MA, indicating caution until a confirmed reversal. 5. Macro Considerations Sector-related news or market-wide movements may act as catalysts for either direction. Monitor updates closely. 📈 Share Your Views Below! Does this setup align with your strategy? 🚀📉
NSE:WEALTHLong
by LiveTradingBox
Safeguard Your Investments Against Impending CrisesI write to you with a sense of concern and urgency regarding the current state of global financial markets. As an astute investor, it is crucial to stay ahead of potential crises that could significantly impact your portfolio. In light of this, I would like to draw your attention to two potential scenarios that demand our immediate attention: hyperinflation and a financial crisis. 1. Long Gold for Hyperinflation 2. Long BTC for Financial Crisis To aid you in making informed investment decisions, I encourage you to calculate the probability of which crisis will hit first. By assessing the likelihood of hyperinflation versus a financial crisis, you can better allocate your resources and tailor your investment strategy accordingly. Consider consulting with your financial advisor or utilizing online tools to analyze historical data, economic indicators, and global trends. This exercise will empower you to make more informed decisions and protect your investments against potential market downturns. Remember, the key to successful investing lies in proactive decision-making and staying ahead of the curve. By taking action now and diversifying your portfolio with long gold and long BTC positions, you can position yourself to weather any storm that may lie ahead. In conclusion, I urge you to carefully evaluate the potential risks posed by hyperinflation and a financial crisis. Do not let complacency hinder your ability to protect your investments and secure your financial future. Act now, calculate the probability of each crisis, and make the necessary adjustments to your portfolio. If you require any further information or assistance in navigating these challenging times, please do not hesitate to comment away below. Together, we can navigate these uncertain waters and emerge stronger. Wishing you continued success and financial well-being.
BITSTAMP:BTCUSDEducation
by bryandowningqln
Hold Your Sunrun Stock In light of the recent sub-sequential decline in Sunrun's price action, I am compelled to present this report to provide clarity on the matter. The price movements have exhibited a significant trend of exponential lower highs and lower lows, nearly approaching levels seen over the past 52 weeks. Allow me to share my insights. For those wise investors who have held positions in Sunrun for an extended period, such as myself, it's evident that this isn't the first time we've witnessed a price decline of this magnitude. Sunrun is renowned for its status as a high-speculative stock, frequently subject to significant market fluctuations as large institutions reposition their capital. It's 210 M circulating shares floats is a perfect reason of this massive % change in the price. These pronounced market movements are often welcomed by short-term and long-term investors alike. NASDAQ:RUN However, it is noteworthy that the recent selling activity has been quite pronounced. Therefore, this report strongly recommends to those who are perusing its contents to resist the urge to sell their shares at this juncture. Sunrun has demonstrated consistent growth in the last two quarters, signaling the potential arrival of new buyers in the near future. It's crucial to bear in mind the timeless adage that when the crowd is selling, it's an opportune moment to buy, and conversely, when the crowd is buying, it's prudent to consider selling. This sage approach remains a valuable cornerstone in navigating the intricate terrain of the financial markets.
NASDAQ:RUNLong
by lucasbasoglu
1
Tesla poised for a breakoutNASDAQ:TSLA - Tesla the "EV Maker" has seen a massive comeback from the low $100s. Tesla tested the $200 mark in February after which we have seen approximately 30% correction which partially filled the gap created in January. Per the diagram we can see that Tesla NASDAQ:TSLA is forming a classic extended broadening wedge pattern, which can indicate consolidation before continuation to the upside. There is significant hype around AI since ChatGPT since launch. We believe Tesla is well positioned to take advantage of the AI revolution. Tesla has made significant progress in AI specifically with their self driving capabilities. Tesla has an abundance of data due to their extensive fleet of vehicles on the road, collecting data daily. This data is used to train its AI algorithms, enabling Tesla to develop more refined and accurate models over time. As of 2023, Tesla has gathered data from over 35 million Full Self-Driving (FSD) miles driven by its fleet, giving it a significant data advantage over competitors. Remember your AI models is only as good as the data you can train it on. Proprietary datasets are gold in the AI/Machine learning world. Tesla's ultimate ambition is to establish a Robotaxi service, where Tesla cars function autonomously without the need for a human driver. Success in this endeavour is not guaranteed, but should they achieve this goal, it could provide Tesla with a substantial competitive edge in the electric vehicle market. In addition to this, Tesla has Optimus (AI robot), but we shall not dive into that in this thread. Tesla plans to grow vehicle deliveries by more than 50% in 2023. The company also expects to see a significant growth in its energy business and is planning to expand its production capacity. The company is also making progress on its Semi and Cybertruck, with deliveries expected to begin soon. Tesla's new factory in Mexico is also expected to increase the company's production capacity and produce electric vehicles based on Tesla's new vehicle platform. (Low cost vehicle platform. Entry points: Accumulation of entries between $168 to $196. Ultimate confirmation would be a daily/weekly break and close above the wedge line. Targets: TP1: $242 - 0.618 Fib Retracement TP2: $306 - 0.786 Fib Retracement - this also aligns with an order block between $294 & $312. TP3: $376 - Just under 10% away from its previous ATH Stop Loss: $163 - Wide stop loss due to volatile nature of Tesla Leverage: Max 5x - I personally use a combination of spot holdings and 5x leverage to take advantage of shorter term swings.
NASDAQ:TSLALong
by TraderMagz
3
Unlocking the 6 Levels to Financial Freedom If you’re living paycheck-to-paycheck or stuck in a job you don’t love just to pay the bills, it can be easy to feel as though you’re financially trapped. But financial freedom doesn’t need to be elusive—with some focused and consistent effort, you may be able to achieve financial freedom sooner than you expected. Below, we’ll discuss the different stages of the financial freedom journey Stage 1: Dependence ✔️ The “dependence” stage of financial freedom can last from your childhood and teen years even into your adult life. If you rely on a parent, a significant other, or someone else to pay your living expenses, you’re in this stage. Fortunately, as soon as you become solvent—that is, when your income exceeds your expenses—you’ve moved on to stage 2. Stage 2: Solvency ✔️ Solvency comes when you’re able to meet your financial obligations on your own. (If you’re partnered, you can still be considered solvent even if your partner’s income is necessary to meet your total household expenses—since you’re supporting two or more people instead of just yourself.) Stage 3: Stability ✔️ You’ll transition from solvency to stability once you’ve created an emergency fund of a few months’ expenses, repaid high-interest debt, and are continuing to live within your means. While stability doesn’t require you to be debt-free—as you may still have a mortgage, student loans, or even credit card debt—you’ll have a savings buffer to ensure that you won’t go into debt if you encounter an emergency or unexpected expense. Stage 4: Security ✔️ You’ll feel financially secure once you’ve eliminated your debt (or have enough assets to pay off all your debt) and could weather a period of unemployment without worry. At this point, money is not just a safety net, but also a tool you can use to build the future you’ve been planning. At this point, you may consider investing in other assets besides retirement accounts — a taxable account, rental real estate, or even your own small business. Stage 5: Independence ✔️ Once your investment income or passive income is enough to cover your basic needs, you’ve achieved financial independence. A financially independent person can retire at any time without worrying about how to cover their costs of living, even if they may have to downsize their lifestyle a bit. Stage 6: Freedom ✔️ The line between financial independence and financial freedom can be a fine one; for many, it’s simply the difference between having enough to cover your needs or having more than enough. Once you have financial freedom, you don’t need to pinch pennies (unless you want to), and you can take more risks with money you’re willing to lose. Now that you know the stages of financial freedom, think about where you are. How much do you need to get to the next level? What do you want to learn in the next post?
TVC:GOLDEducation
by UnitedSignals
5
🍀Trading VS Investing🍀 🦥When it comes to making money in the finance world, there are two main paths to choose from: trading and investing. Both of these approaches involve buying and selling financial products in order to generate a profit, but there are some important differences that are worth considering if you're trying to decide which strategy is right for you. 🦧Let's start with trading. Traders are, by definition, people who make frequent short-term transactions in the financial markets. Their goal is to take advantage of fluctuations in market prices in order to make a quick profit. This means that traders are constantly monitoring charts, news sources, and other indicators in order to identify opportunities to buy and sell within a matter of days or even hours. 🐙On the other hand, investors are typically focused on the long-term potential of an asset. They're interested in buying assets that they believe will appreciate in value over a longer period of time, such as several years or even decades. While investors do need to keep an eye on the markets to ensure that they're not buying into overvalued assets, they're generally less concerned with short-term volatility than traders are. 🦋So which approach is right for you? Well, that depends on a variety of factors, including your risk tolerance, your time horizon, and your financial goals. If you're the type of person who loves the thrill of the chase and doesn't mind taking on a bit of risk, then trading might be a good fit for you. On the other hand, if you're more interested in building long-term wealth and aren't too worried about short-term fluctuations, then you might be better off with an investor mindset. 🐝Of course, it's also important to keep in mind that there's no one-size-fits-all solution when it comes to trading versus investing. Some people might find that a hybrid approach, where they mix elements of both strategies, works best for them. Others might prefer to focus on developing a mastery in one area or the other. 🐞Ultimately, the most important thing is to do your research, evaluate your own financial situation, and be honest with yourself about what you're hoping to achieve. With the right approach and a little bit of luck, either trading or investing can be a lucrative way to grow your wealth over time. 🌺Hope u like my article. Please let me know what you think💋 Love, Anabel❤️ Please, support my work with like and comment! Love you, my dear followers!👩‍💻🌸
Education
by AnabelSignals
10
How to Build Wealth (Part I)This video is the first of a series of videos that I hope to post on how to build wealth. Of note, in this video, I imply that Tesla's stock grows at an equal rate to the rate at which the money supply expands. Although this has generally been true over the past couple of years, over the longer term, Tesla's stock (TSLA) price has grown faster than the rate at which the money supply grows. If you prefer to read my thoughts on how to build wealth, rather than listen to a video, you can check out my post below: Note: Nothing in this video should be construed as financial advice. Do not buy or sell any security based on anything in this video. Please consult a financial adviser before making any financial decisions. All of the images and video content contained in this video including the cover image were created by me. I included captions for those who may have difficulty hearing.
SP:SPX
by SpyMasterTrades
35
Are Health Savings Accounts Worth Your Time? Absolutely.When you're well, sometimes it is difficult to imagine things suddenly taking a turn for the worse. 1.5 years ago, I was as healthy as could be. I thought medical problems were for other people, my checkups always came up roses. Then I fell ill with an autoimmune neurologic condition, likely autoimmune encephalitis, and I wish I had opened a Health Saving's Account (HSA) the day I turned 18. Funny how life teaches you those lessons. So what is an HSA? An HSA is an investment account whose contributions are tax-deductible and withdrawals are tax-free if used for medical expenses. This type of account is only available for those with high-deductible plans health plans. The IRS defines a high deductible health plan as: any plan with a deductible of at least $1,400 for an individual or $2,800 for a family. Literally ripped that last sentence straight out of google. Sue me. If you're uninsured, you're out of luck. So for those who have high-deductible health plans, it's a way to not only save for sudden health catastrophes, but also to grow your wealth. With Fidelity, there is no limit to what asset class you can partake in. Other HSA's may have limitations, acting more like savings accounts. When you make a contribution, that money is tax-deductible (so you're investing with "pre-tax dollars"), and will never, ever be taxed if used to pay for a medical expense. But what if your investments have gone down and you have to sell to pay for medical bills? Hint: don't. You can reimburse your own medical bills with NO time limit. That means you could pay $1,000 for surgery using a cash-back credit card (or whatever payment method), wait until your money grows in your HSA, then reimburse yourself tax-free in 30 years. That is, if you kept the receipt ;) By budgeting, like using YNAB, it's easy to keep track of medical expenses and reimburse yourself tax-free when it makes the most sense. Or, if you prefer, you can invest in more conservative instruments. Like CD's, which are paying as high as 4.7%. Or you can treat it like an actual savings account and enjoy Fidelity's 2.21% APY on uninvested cash. So for those keeping score: -Contributions are tax deductible -Medical expenses are tax-free when you liquidate your investment(s) to cover them, which you can do retroactively with no time limit -Growth and trading within the account is tax-free (unless you live in CALIFORNIA or NEW JERSEY. Don't ask me, but you will be taxed on trading like you would an individual brokerage account) -You can withdraw your funds like you would an individual brokerage account at 65 (that is, you'll be taxed but not penalized) There are pretty hefty penalties for non-medical withdrawals before you're 65: up to a 20% penalty and ordinary income tax on capital gains. Not pretty, so don't put money into an HSA that you'll need for other things. In addition, there are yearly limits to how much can contribute. For 2023, it's $3,850 for an individual plan, $7,750 for family plans. You can alternatively roll funds over from an IRA into an HSA (but not the other way around). I opened one today with Fidelity and will max it out every year. I use YNAB to budget, so I can keep track of my health expenses for 2023 easy peasy. It's always best to plan for the worst. Thanks for reading, and best of health to you. InTheMoney
NASDAQ:QQQEducation
by InTheMoneyAdam
$10,000 Bitcoin In Play, Crypto Winter Is Here, $20k Resistance.In this video I am highlighting how we may see a $10,000 Bitcoin this cycle due to where we are at on the weekly oscillators and the very negative macro conditions effecting the market. We may get a retest back to the $19,000 level on the daily but $20,000 is now serving as a major resistance. I believe it is unlikely that we get above a $20,000 Bitcoin anytime soon but I could be wrong. These next couple of months are looking pretty weary for cryptocurrency right now. Especially the events around FTX could have cascading effects across the entire ecosystem. This is still the beginning. As bad as all this is it is good for cryptocurrency and will only make Bitcoin and the ecosystem more resilient. This needs to happen for us to get a major reset in the market. I do personally believe there will be very exciting buying opportunities in the near future and we will have another major bull cycle. But as of now we are heavily entrenched in this bear market and we're still going through this cycle. Be careful out there. Bitcoin and Cryptocurrency isn't dead. Much peace, love, health, and wealth! Trade safe.
by peacefuljustin