In the past, Two Bits (two red weeks) has resulted in a 3rd red week. For this analysis, we need only two bits of data. Up, or down. Using 1st and 3rd std. dev. linear regression reveals the pattern. Yet trying to avoid holding onto an emotional bias. Looking at short positions will depend on how price behaves on key times, such as opening sessions and news days....
In this live trading video,we explore the 3 lessons that we learnt on missing the Brent oil trade. You can cross transfer these principles on any strategy.
Correction in progress, macd reporting a new cycle but we knew this well. Now the thing to do is to wait and understand how long this correction will last, because there are still many buyers. The indicator here is drawing a high and agrees with the price, a signal that the bullish trend is very strong, this is in addition to the other bullish signals we have on...
A retracement before the 5th wave. 3rd wave is not extended. Higher possibility that the 5th wave might be extended. Confirmation comes with the break of the monthly resistance with a massive amount of volume. If 5th wave is not extended, a wave 1 is to be completed with an arbitrary form of retracement. A 3rd major wave will be prepared.
Advance Auto Parts is a household name. If you’ve ever changed your own oil or replaced an alternator in the driveway, you are familiar with the company. The weekly chart above outlines a quick stage analysis over the last 3 ½ years. After tripling in price from the 2020 lows to the peak of the 2021 bull market, AAP entered a severe Stage 4 decline. Elevated...
## Unpacking the Crypto Rally: Bull Run or Bear Market Bounce? The recent price surge in the cryptocurrency market has sparked debate among investors. While some see it as the dawn of a new bull run, others remain cautious, considering it a potential bear market rally. Here's a closer look at the factors fueling this discussion: * **All-Time Highs Remain...
Let's compare both cycles and see how this evolves.
Most coins and blockchains in 2024 proved their strength after the bearish season. Today, the altseason has arrived for more than 80-85% of crypto assets. Litecoin is next in line for a bullrun.
If there is a crypto bull run in 2024 and the price channel holds, I foresee positive developments for $OP. Invalidated if channel is broken.
📊Analysis by AhmadArz: 🔍Entry: 99.41 🛑Stop Loss: 104.15 🎯Take Profit: 94.97 - 91.39 - 87.95 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
DCA on FLUX We will have to be patient with this asset but I am convinced that in the long term it has potential. I accumulate every time we approach or enter the green box.
It seems island structure is in teh making in ITC. If that happens we can see great downside from current level in ITC. Tomorrow if and when it crosses below todays low, i'll take short position
Sell signal for last 2 days in HDFC Bank , even though Nifty recovered over 100 points, telling me that this upswing in HDFCbank may be over. If it starts in red tomorrow, i might take short position for few points .
If the ratio between ATH is decreasing by a half, then i can predict the next ATH ... just math! For this theorie, i just looked at the decreasing of percent for each all time high to the next one. This is like x 64 ... x 32 ... x 16 (but not so accurate) We saw a major bullrun from 0.39 USD to round about 30 USD ( ~ 77x ) We saw the next ATH at 1 143 USD ( ~...
very likely 20K can be a long term support because already it has corrected around 78% from the top. Fib 0.236 @ 131K Fib 0.382 @ 173K Fib 0.5 @ 250K Fib 0.618 @ 335K Fib 0.786 @ 520K Top channel 800K
basically history will repeat itself. today candle break the downtrendline after touching the strong support. need confirmation and follow where it will go. continuation or reversal
price has taken liquidity from the day before also taking the highs from asia, waiting for it to break those equal highs and break structure on m5 to look for sells
Simple chart showing duration of previous bull and bear periods. Overlayed with Bitcoin halving event and duration to market top. - Green arrows show period from halving event to market top. - Red arrows show period from market top to market bottom. - Black arrows show period market bottom to market top. Bitcoin price has followed a similar pattern of roughly...