Nifty is consolidating and is forming a continuation H&S on weekly. However with current macro situation and uncertainty, its unlikely to complete and breakout. Therefore a break below the shoulder level support of 16800 is crucial
All lines are cloned from the orange trendline and seem to give nice medium- and long term support/resistance orientation. Fibs in Log mode. I guess, that in the coming months and years until my 4-year cycle target zone in Q4 2025, we might break below the lowest trendline in this chart. Then, a new clone of the trendline might be applied. "Happy Zone" end 2025...
BVOL (Realized BTC Volatility) has a huge gap implying an eventual 758% Upside within the index while at the sametime DVOL (Implied BTC Volatility) has a Bearish 3 Line Strike which is a very Bullish Pattern implying upside in it aswell. The last time BVOL rallied by 615% it was coupled with BTC itself going up about 610%. Applying that same logic to the current...
Bitcoin Market Cycle Idea - Minor blow off triple top at 60k get everyone looking for 100k again then range bound back to 30k then long consolidation to bore most participants then 100k+ in 2025 ish.
Monday 3/27/2023 - In this Video I discuss The technical analysis of the SPY ETF which is a proxy the S&P500 that is often a tell on general market movements. I also discuss broader market Macros I have been watching including last week's and next weeks economic events. We also discuss some recession indicators, and other charts that show headwinds and tailwinds...
Month chart - facing huge resistance @ $2.01 I;ll wait for a close above $2.01 so i can average up. Day chart - triangle setup has broken to the upside but wait for $2.01- 3 to clear for confirmation. no need to rush this trade. both long and short term charts looking bullish and GOLD will head higher as the Fed will keep monetary policy loose. Fed funds rates...
Accumulation and distribution (tops) marked on BTC's history. By this logic there could be a $180k btc in Jan 2025 (28 months from now). Let's hope! -RSI marks tops and bottom pretty well, same sort of level each cycle -According to this logic 17k was the bottom for bitcoin, but we don't know how it fairs in a recessionary environment. I will probably bid in...
Bitcoin Log Curve Intersection as Macro Top Idea - Another idea to see how it goes, general premise being the top for this cycle will be an underside retest of the log growth curve indicator that failed in this current bear market. Or maybe multiple tops.
In this Video I discuss The technical analysis of the SPY ETF which is a proxy the S&P500 that is often a tell on general market movements. I also discuss broader market Macros I have been watching including last week's and next weeks economic events. We also discuss some recession indicators, and other charts that show headwinds and tailwinds to equities. You...
When #Bearish meets #Bullish Looking for a run up or upwards chop based on $CS bailout and liquidity injection. VIX needs to close above golden TL for further downside, but may need to cool off. I'm watching $SPY and $VIX for ideal setups to initiate a short. No guarantees on the outlook, but I'm cautious and expecting temporarily long movement.
Anything that follows is not to be taken as financial advice. This is the weekly index chart for BTCUSD, and the moving averages you see in the picture are a 55EMA and a 200EMA, the only two EMAs I care about for calling death and golden crosses. On lower timeframes such as the 4H and the 1D, you'll notice that when they get close to each other to form a cross,...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. 🗒 As per my last educational post (attached on the chart), we know that the bulls will take over if we break above the falling flag #4 📌 BTC is now approaching a strong rejection in orange: 1- Round number 30,000 2- Classic Support Zone Turned Resistance 3- Supply zone Hence...
BTC currently around $27k Bullish case: -Price above 200w SMA and 200d EMA (purple) -Shorter EMAs pointing up (bullish momentum). (soft pink and pink) -Price and moving averages above Bull Market Support Bands (red/green band) -Log Scale downtrend breakout (orange dashed line) -Possible new macro-uptred? Bearish case: -Major resistance to be broken around $30k...
BTC currently around $27k Bullish case: -Price above 200w SMA and 200d EMA (purple) -Shorter EMAs pointing up (bullish momentum). (soft pink and pink) -Price and moving averages above Bull Market Support Bands (red/green band) -Log Scale downtrend breakout (orange dashed line) -Possible new macro-uptred? Bearish case: -Major resistance to be broken around $30k...
What an exciting ride it's been in Macro Markets lately! If you're into S&M; that is. I've long said, thanks to Luke Gromen, BTC is our best Liquidity Gauge in markets. And BTC hasn't failed us this time either. It sniffed out a change in tides, well before any other asset in markets. Where we've been.... 1) BTC on the Weekly chart puts in a beautiful,...
Triple Bottom on TDOC, have no clue what these people do but I know when macro changes this dogshit will pump more then the rest. At home doctor narrative coming back of course. Market makers just keeping it from going to zero now with classic patterns, I will start dipping my toe for long term cap gains swing positions on this move.
While everyone, including FED, is assuring that banks are adequately capitalised and there is nothing to worry about. These are not good signs. Manage your portfolio risk.
Price could bounce from this zone, or continue to zero, which is not very probable.