BTC - Still Bullish...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
BTC is currently hovering around the upper bound of the orange channel.
📈 The bulls will remain in control, unless the last low marked in red at 50,400 is broken downward.
📉 In such a scenario, the bearish correction would start leading to a movement till 48,000 demand zone.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Blockchain
SOL - Please Don't Stop The Music 🎵Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 SOL has been overall bullish, trading within the rising channel in red.
Currently, SOL is hovering around the lower bound of the channel acting as a non-horizontal support.
Moreover, it is retesting a strong support zone at 100.0 marked in green.
🏹 Thus, the highlighted red circle is a strong area to look for buy setups as it is the intersection of the green support and lower red trendline.
📚 As per my trading style:
As #SOL is around the red circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📉 Of course, unless the 100.0 support is broken downward, then we will expect the bearish correction to start.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Bitcoin(BTC/USD) Daily Chart Analysis For Week of Feb 16, 2024Technical Analysis and Outlook:
The chart analysis on February 9th shows how powerful the Trade Selector System is to this Trading View platform. Bitcoin has completed the second phase of the reignited rebound extension phase, also known as the "Outer Coin Rally 53000". Currently, this analysis shows the downside price action is in pivotal squeeze mode; it is expected to rebound and retest Mean Res 52500. Moreover, completing the Outer Coin Rally 53000 from this spot is imminent.
ETH - Patience Is Paying Off⏱Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
In accordance with my previous analysis, ETH broke above the 2420 structure and traded higher to reach our target at 2670.
📈 The bulls will remain in control as long as the 2670 holds, and our next target would be the upper bound of the blue wedge pattern and 2950 - 3000 resistance.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Buy her $ROSE not a Rose 🌹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
According to my last analysis of ROSE, attached on the chart, we can see that the bulls took over from a long-term perspective after breaking above the 0.055 resistance.
📈 After breaking below the 0.11 major low in red, the bears took over in the medium-term.
Currently, ROSE is bullish in the short-term, undergoing a correction phase inside the rising blue channel.
🏹 For the bulls to regain full control, we need a break above the 0.15 previous major high in blue.
📉 Conversely, the bears would take over and initiate the next bearish impulse movement if the previous low at 0.11 is breached downward.
🌹 Buy BCBA:ROSE , not a rose; it is cheaper and a longer-term investment.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BTC => Bullish UNLESS...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
In accordance with my previous BTC analysis, BTC is currently hovering inside a massive weekly resistance zone 48k - 50k.
📈 The bulls will remain in control, unless the last low marked in red at 47,500 is broken downward.
📉 In such a scenario, the bearish correction would start leading to a movement till the lower red trendline and demand zone at 45,500.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Bitcoin(BTC/USD) Daily Chart Analysis For Week of Feb 9, 2024Technical Analysis and Outlook:
Bitcoin has experienced a significant increase during this week's trading session, surpassing the predicted Inner Coin Rally of 44200. As a result, it has achieved our Outer Coin Rally projection of 47500. The next target for Bitcoin is to reach the Key Resistance level of 48700, followed by the Inner Coin Rally of 49500. The ultimate goal is to achieve the Outer Coin Rally of 53000. However, if there is a decline in the coin value, it may retest a Mean Support level of 46000 before continuing its upward trend.
BTC - Bulls Took Over 📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
In accordance with my previous BTC analysis, we were awaiting a break above the blue zone or below the red zone to determine the next movement.
📈 This week, the bulls won the battle by breaking above the blue structure at 44,300.
Therefore, we anticipate further bullish movement toward the 48k - 50k resistance zone.
📉 Unless the bears manage to break below the blue zone again, in which case we would expect BTC to return inside the range, resulting in a movement toward 42,000.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
DYDX - Enjoy The Ride 🚗Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 DYDX has been overall bullish , trading within the rising channel in blue.
Currently, DYDX is undergoing a correction phase and it is currently approaching the lower blue trendline.
Moreover , it is retesting a strong support zone marked in green.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green support and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #DYDX approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Synthetix parabolic move coming!!Synthetix is preparing for a Parabolic move in the next few weeks.
The CM ULTIMATE MA MTF on the weekly chart shows a very a clear and distinct pattern. Once it turns green from red the move that follows is fairly substantial. Price action is still fairly low in SNX while the the ULTIMATE MA has already turned green.
Down below we have the RSI and it is around the 42 level. Once the RSI gets above The yellow resistance/support line at 50 then price action will move quickly and will continue to do so will it stays above or finds it as support.
The key to this chart is the CM ULTIMATE MA turning green (Circled) that is most likely for shadowing the parabola.
Thanks for looking! Please like and follow!
Title: SUI/USDT: Bearish Signals Emerge - Ending Diagonal PatterTitle: SUI/USDT: Bearish Signals Emerge - Ending Diagonal Pattern and MACD Divergence
Overview:
SUI/USDT is currently displaying clear bearish signals, suggesting a potential reversal in the near term. Two key factors contribute to this bearish outlook - the formation of an ending diagonal pattern and the emergence of a bearish divergence on the MACD indicator.
Technical Analysis:
Ending Diagonal Pattern:
SUI/USDT is exhibiting the characteristics of an ending diagonal pattern, a reversal pattern typically signaling the end of an uptrend.
The converging trendlines of the diagonal suggest diminishing buying interest, with a higher likelihood of a bearish reversal.
MACD Bearish Divergence:
The MACD indicator is showing a bearish divergence, where the price is making higher highs, but the MACD is making lower highs.
This divergence implies a weakening bullish momentum, often preceding a potential trend reversal.
Trade Setup:
Cautious Approach: Given the bearish signals, a cautious stance is recommended for traders.
Short Entry: Consider shorting SUI/USDT on a confirmed breakdown from the ending diagonal pattern or a breach of a key support level.
Stop-Loss: Place a stop-loss above the recent swing high or a level that aligns with your risk tolerance.
Take Profit: Identify potential support zones or Fibonacci retracement levels as profit-taking targets.
Risk Management:
Always employ proper risk management strategies, ensuring that potential losses are controlled and do not exceed predetermined levels.
Stay informed about upcoming events or announcements that may impact SUI/USDT.
Cautionary Notes:
Keep a close eye on the price action and be prepared to adapt your strategy based on real-time market developments.
Be aware of potential false signals and monitor confirmatory factors alongside the technical analysis.
Conclusion:
The combination of the ending diagonal pattern and the MACD bearish divergence on SUI/USDT suggests a potential shift in market sentiment. Exercise caution and wait for confirmation before considering any trading positions. Always conduct thorough analysis and maintain a disciplined approach to risk management.
BTC - Two Possible Scenarios ↕️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 marked in blue is broken downward, we will expecting further bearish movement till the 38,000 support.
For now, we wait ⏱
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
The chart no one wants to see or believe!There is more than one way to skin a snake.
Not only price can hurt you... Time can hurt you too!
How about some up and down action for 3 to 5 years that goes no where? Like shacking the Jar and angering the ants so that they loose faith and confidence, so when the rally really actually starts they won't believe it!
Maybe it got to easy to buy and hold for 2 to 3 years and sell? If you are a hodler for long term, then this should not affect you and you should just keep buying. It actually should be viewed as a gift as prices will come back to low prices for stacking.
In this chart I'm hitting two birds with one stone as I Have added Silver, Gold, S&P500, Nasdaq and the Dow Jones. Why? so we can see how Bitcoin has interacted with these 5 other markets. By taking a glance at them, It is very clear to see that all of these markets have had affect on Bitcoin in one way or another.
This is not to be taken as written in stone and non of the prices or moves are literal and just examples. The point is a long term zig zag pattern and staying range bound to shake out the greed and impatient or weak hands. How about life happening and being forced to sell although you have no intent too? The more that time passes in bad times the likely you'll be forced to sell to stay a float.
Nothing has changed in bitcoin network, in fact it keeps getting stronger and healthier but a pause in price could be healthy in the bigger picture.
So what happens from here? We just stack for 5 years and watch it bounce in between the Nasdaq and Dow? Well, yes and no. There could be other altcoins that run fairly hard during this time period. For example, Ethereum and Ethereum based tokens. Gold and Silver could go on a run. Also narratives could change on a dime. Truth is... no one knows, you just have to keep and ear to the street and pay attention. Don't get caught 1 step behind.
Without a doubt, it's a great time to stack!! No one can argue that.
Thanks for viewing
WeAreSat0shi
Have a blessed new year!
Bitcoin(BTC/USD) Daily Chart Analysis For Week of Feb 2, 2024Technical Analysis and Outlook:
During this week's trading session, Bitcoin has been experiencing a very tight trading range. Its progress has been obstructed by our Mean Res 43200, which has been causing a significant block jam. However, the market is anticipating a strong push through the Inner Coin Rally 44200, propelling the prices towards Mean Res 47000. This move is expected to be followed by a retest of the completed Outer Coin Rally 47500, which would signify a noteworthy milestone for Bitcoin's upward momentum. In case of a downside, the coin may retest a Mean Sup 42000 before continuing its upward trend.
XRP - Rainbow After The Storm 🌪🌈Hello TradingView Family / Fellow Traders,
📉 XRP has been overall bearish trading inside the falling channel in red.
However it is currently hovering the lower bound of the channel and a strong support at 0.5.
As long as the support 0.465 holds, we will be looking for short-term buy setups on lower timeframes.
📈 For the bulls to take over from a short-term perspective, we need a break above the last minor high at 0.55.
🏹 And then for the bulls remain in control and take over from a medium-term perspective, we need a break above the upper red trendline and last major high at 0.6.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
#TIA/USDT 15m (ByBit) Descending channel breakoutCelestia regained 50MA support, looks good for very short-term recovery.
⚡️⚡️ #TIA/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (7.6X)
Amount: 5.0%
Current Price:
15.120
Entry Targets:
1) 14.780
Take-Profit Targets:
1) 16.344
Stop Targets:
1) 13.997
Published By: @Zblaba
LSE:TIA BYBIT:TIAUSDT.P #Celestia celestia.org
Risk/Reward= 1:2.0
Expected Profit= +80.4%
Possible Loss= -40.3%
Estimated Gaintime= 12-24 hours
MANTA 5% BULLISH pump probability!When taking a look at MANTA. it is currently respecting all levels to the upside and is now retesting a local support after the trendline breakout.
This is bullish price action and suggest a higher move is likely in the next 24 hours. The previous high is 5% away and that would be a nice target from these levels.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
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This is not financial advice. This is for educational purposes only.
Bitcoin(BTC/USD) Daily Chart Analysis For Week of Jan 26, 2024Technical Analysis and Outlook:
Bitcoin continued a pivotal squeeze to complete our Inner Coin Dip 38500 and is rebounding to the newly created Mean Res 43200 and Inner Coin Rally 44200. On the downside, the coin might retest a Mean Sup 39500 and completed Inner Coin Dip 38500 before continuing its upward trend. .
#BTC/USDT 1h (OKX Futures) Broadening wedge breakout & retestBitcoin just regained 50MA support and seems to be heading towards 200MA resistance after a pull-back.
⚡️⚡️ #BTC/USDT ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Long)
Leverage: Isolated (9.5X)
Amount: 5.0%
Current Price:
40232.0
Entry Targets:
1) 39834.3
Take-Profit Targets:
1) 41499.4
Stop Targets:
1) 38999.7
Published By: @Zblaba
CRYPTOCAP:BTC OKX:BTCUSDT.P #Bitcoin #PoW bitcoin.org
Risk/Reward= 1:2.0
Expected Profit= +39.7%
Possible Loss= -19.9%
Estimated Gaintime= 1-2 days
LDO - Following The Wedge 🌙Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 LDO has been overall bullish, trading within the rising broadening wedge in blue.
At present, LDO is undergoing a correction phase and it is currently approaching the lower blue trendline acting as a non-horizontal support.
Moreover, it is retesting a strong support zone marked in green.
🏹 Thus, the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green support and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #LDO approaches the lower purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BTC - Top-Down Analysis 📹 Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for #BTC.
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
BTC & ETH - Keep It Simple 📚Hello TradingView Family / Fellow Traders,
~ When in doubt, zoom out!
📰 With all the fundamental news and choppy price action, it is always a good practice to take a break, relax, and look at the big picture.
Last week, both BTC and ETH rejected the upper bound of the channel and resistance zones.
📈 For the bulls to remain in control and take over from a macro perspective in this bull run, we need a weekly candle close above 50k and 3k zones for BTC and ETH, respectively.
📉 Until then, bearish pressure may persist from a medium-term perspective and might initiate a deep correction phase, leading to the lower bound of the channels, at 35k and 2k, respectively, for BTC and ETH.
⏱ Remember:
You Are Getting Paid; To Wait!
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
~Richard Nasr