down we go get ready .... daily \ weekly pinting to mid 30 k btc hold ya hats
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. BTC has been boring this past week hovering inside a narrow range. 📈 For the bulls to take over, we need a break above the 44,300 structure marked in blue. In this case, a movement till the 48k - 50k would be expected. 📉 In parallel, if the last major low at 41,850...
LCID got news that its rich uncle the Saudi Arabia Wealth Fund will be assisting in the manufacturing of large body parts moving forward (perhaps on the methodology of TSLA to just massive molds to efficiently do so and at a far lower cost). Shares pumped today on the news. Is it sustainable? Is there still time to buy a piece of the move? On the 120-minute...
Long Legged Doji signifies the market reaching an equilibrium with a possible reversal to follow. We've also received our allotted 5 months of green candles, which generally is the max for an impulse on the monthly. Simple idea here, will update the other timeframes. Not financial advice Do your own DD
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 After breaking below the blue channel, CRV has been overall bearish , trading within the falling channel in red. 🏹 For the bulls to take over again, we need a break above the upper red trendline and 0.5 round number. In this case, a movement till the previous major high...
The Chinese economy has had 4 consecutive years of closing in decline. Evidently, the Chinese economy supercycle (as depicted in the chart) indicates that a reversal is well overdue (or superdue in this particular context). By the end of this year, it can be expected to see a relatively massive reversal in the Chinese economy, one that may catch many by surprise....
Just reviewing where I spotted moves this week. Where I missed and anticipating what might happen next week.
Hello TradingView Family / Fellow Traders, From a long-term perspective, ETH is currently rejecting the upper bound of the brown channel. Weekly Chart: 📈 For the bulls to take over again from a long-term perspective, a weekly candle close above 2600 is essential for the bulls. If achieved, a movement toward the next resistance at approximately 3000 could be...
CVNA on a 30 minute chart trended up from November post earnings for 6-7 weeks until December 20th and then started falling from a head and shoulders pattern at the pivot. The Fib retracement tool is used to draw the retracement of the prior up trend. The Trend Based Fib Time is used on that prior up trend to show fib levels across time instead of...
Hello TradingView Family / Fellow Traders, On Daily: Left Chart NZDCAD broke below a previous major low so it is now acting as a local resistance zone, thus we will be looking for trend-following sell setups on lower timeframes. On H1: Right Chart 📈 For the bears to take over, we need a momentum candle close below the last major low in gray. 📉 Meanwhile,...
KRRO is in the biotechnology space in the gene-editing realm. It is in portfolios of C. Woods . A recent analyst gave it an upside to 100 which is very favorable given its product line and track record with an all-time high of about $250 ( which is about 450% over current valuation) On the one-hour time frame, it has had a great week and is breaking out over...
This clear setup shows where price is projected to go based off of the manipulation leg. Price disrespects and pushes through the reversal zone. Price comes back and retests the zone and continues up to the projected -4 area.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 Here is a detailed update top-down analysis for #GBPUSD. Which scenario do you think is more likely to happen? and Why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
Here I have USD/CAD on the 1 HR Chart! Price has outlined a very clear Double Bottom pattern with the two Lows! RSI is giving us a Bullish Divergence which tells me price really wants to work higher from this point! Price has now broken the Confirmation of Pattern! With this PA of now Higher Highs, we look for the next Low to be Higher than the Low of the...
Hello TradingView Family / Fellow Traders, On Daily: Left Chart AUDCHF is retesting a strong resistance zone so we will be looking for sell setups on lower timeframes. On H1: Right Chart 📈 For the bears to take over, we need a momentum candle close below the last major lower in gray. 📉 Meanwhile , AUDCHF would be bullish, and can still trade higher inside...
This is a daily Boeing chart with the idea on the chart in the text. There may be a good entry before earnings using a stop loss under the POC line and an ultimate target of the projected trendline resistance at $280-$300 if all goes well fundamentally with an FAA investigation and its sequelae. A megaphone pattern demonstrates increasing volatility in...
With the help of the Elliot wave theory and use of fibbonacci levels there is a potentiall downside for some years. It will potentially play out in a doubble zigzag hitting the same pricelevel. If this plays out there is a chance for the price finding support att the 0.7 fib and creating a double bottom, leading to a big reversal and increase of value for BTC/USD.
It looks like Crude oil experienced a sharp drop lately followed by a strong reversal. This creates an opportunity for trading the retracement that will probably happen if the resistance proves to be strong enough. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar:...