NYSE:SHOP -Positive trend and following trendlines -Exceptions on Octobers (different low trendline) -Just did a correction and filled a vector -Already hit the 50EMA in the daily timeframe, and very close to hitting the 800EMA in the hourly timeframe -A huge gap ~85.5 to be filled, and possible higher targets -Stop loss slightly lower than ~70 (as it means it...
The chart in the middle is the market cap of all altcoins minus stablecoins divided by BTC's market cap. as you can see during the last bullrun we had a decline of this value while the price was rising slowly while bitcoin's price was rallying, and as soon as btc started reaching its top then DOT rallied massively. Today's situation is extremely similar to that....
Based on current interest rate and inflation projections for both the British Pound and Japanese Yen, I might go short GBP/JPY for the remainder of the year.
XRP, like many other cryptocurrencies, has experienced significant fluctuations over the past few years. In this article, we will analyze XRP's behavior from 2018 to the present, focusing on the bull market that started in December 2020. Descending Channel (2018-2020) From the summer of 2018 to December 2020, XRP was in a descending channel. This period was...
One thing that worries me is the recent cold surge but this similar pattern to last year is too good to pass up for a good RR and a +EV bet.
I think we will see Crypto market cap hit at least $6 trillion this cycle. The market will likely top out around summer 2025 and most of the major capital will be concentrated in the top 20 coins. Retail will still play the shitcoin lottery. I made a similar prediction in 2020 - x.com
the grey line is bitcoin's price, the candle chart is altcoins' market cap (minus stablecoins) divided by BTC's market cap. as you can see we are around 50% down from the highs of the last alt season... brace yourselves cause once it starts it will be phenomenal.
Michael Saylor once said "If BTC doesn't go to Zero, it's going to MIL:1M +". While I don't think AMC will ever be a moonshot like Bitcoin, I do think that if they don't go bankrupt in the next 2 years, there's a pretty good chance we 2x - 5x from current levels in the next 3 - 5 years. I'm using this video for myself as a Vlog to manage my emotions in what I...
GLD is shown on this 240 minute chart with a falt top triangle drawn with upper and lower trendlines for resistance and support. A volume profile is overlaid. Text boxes comment on the basis for the trade and the use of the relative strength indicator. Price is low in the high volume area confluent with the support line. I see this as a long trade set up and...
Price is contained around 2000-2500 range for more than 3 years now. It could have broken out earlier but the financials are not favourable for that to happen. Despite the negative quarters for SRF price is still holding its range — this hints that: market is waiting for positive news and any little positive can bring rush in price movement! Since Management...
We may observe a Bullish Engulfing pattern on the Monthly timeframe suggesting the creation of a larger range. This range -->> Monthly resistance 0.0415 Monhtly Support 0.0160
I posted a Log Regression when #Bitcoin was 15k. I publish now when it is 62k. So CRYPTOCAP:BTC has already done x4. What now? Shall we break the ATH? Let's consider the pros and cons. This is why yes: ➕Increasing global liquidity. ➕So far, positive flow from ETFs. Here's why not: ➖Strong overbought ➖Previously, there was no ATH breakout before the...
While looking around, I found this. It appears to be a cup and handle on the daily or weekly logarithmic chart with a price target of around $1.00 if it were to play out. The current price is around 0.04. Newly increasing volume on recent time frames since alts started moving. My monitor does not give it justice. Full disclosure, I bought a little while I wait...
Macro Monday (6) United States ISM Manufacturing New Order Index - ECONOMICS:USMNO This week I have honed in on the Institute of Supply Management Manufacturing New Orders Index (ISM New Orders Index) as it is the largest component of the headline Purchaser Managers Index(PMI) making up 30% of that index. I also make the case below for how it can act as...
The price can move up by reaching the ascending block order and create a good position for trading OANDA:EURCHF
Update BTC in Dec As shown in the picture, the weekly frame has broken out of the line, now we buy more according to the increase plan and continue until the end of the first quarter or the beginning of the second quarter of 2024 to take profit. I predict that when the price exceeds the border of 45 thousand, it will maintain its price and accumulate into a...
Preparing to collect BNB This quarter 3-4, coin holders are expected to be bustling BNB is currently accumulating on the daily frame, can have breakdown. It is also the area where speculators are waiting to collect goods at good prices.
Logarithm. Time frame 1 week. Fractality, cyclicality, halving time. Reset before the “participation” phase in the last cycle. This is what it all looks like on a line chart of price. Where is the price now in projection to the past in terms of meaning? Your opinion... Just a reminder, altcoins are really pumped right now. Protect your profits if they are...