MERRY CHRISTMAS BITCOIN ! (2023)Hello dear ones!
Merry Christmas.
I am at your service by analyzing and reviewing the crypto market. As you can see, the market has taken a completely similar movement since 2012. In this way, after every three years of positive and green market, it has passed one negative and red year.
Considering that we passed the red and falling year of 2022, it is expected that according to this pattern, we will at least spend the year of 2023 completely green and strong. (Also 2024 and 2025, God willing)
-----------------------------
*BTC Last Bottom:
(The next target is 200K)
Christmas
Happy New Year & Happy Holidays
That was a hard year for us all.
However, always remember these great words:
“Obstacles don’t have to stop you. If you run into a wall, don’t turn around and give up. Figure out how to climb it, go through it, or work around it.” – Michael Jordan
Happy New Year, traders!✨
Growth & prosperity to you next year!
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
DON'T TRADE ON HOLIDAYS | 4 Crucial Reasons Explained
In this educational article, we will discuss why is it recommendable not to trade during the holidays season.
🏦 The main source of problems comes from the fact that the big market players like banks, hedge funds and investing firms are absent. Similarly to ordinary people, bankers and investors prefer to spend the holidays with their relatives and friends instead of staring at charts on Christmas Eve.
But how does it affect the market? Big players are the main source of the market liquidity. The liquidity itself is the measure to which an asset can be quickly bought or sold in the market at a price of its quotes. Therefore, when the big players are missing, the market liquidity drops.
1️⃣ That fact instantly reflects in the market spreads. They become substantially bigger, directly increasing the costs of each trade and making it problematic to open a position at a desired price.
2️⃣ Secondly, low liquidity leads to a decrease in volatility. The market becomes weak and indecisive.
As traders, we make the money on market moves. Our goal is to catch a bullish or a bearish wave. Their absence deprives us of profits or, at least, dramatically decreases them.
3️⃣ Thirdly, when the liquidity is low, even small market participants can move the market. It dramatically increases the probabilities of false signals. Relatively low trading volumes may manipulate the market, substantially decreasing the efficiency of technical and fundamental analysis.
4️⃣ The increased costs of trading, low volatility and manipulations should have convinced you to stay from charts during the holidays season. However, the main reason to not trade on holidays is much simpler. Holidays give you an opportunity to stay with your family, to take a break, to recharge and relax. Even a part-time trading is very exhausting and requires a constant attention. Let yourself be distracted and return after holidays.
I wish you a great holidays season, traders!
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
'SANTA' of the 'TRADERS' !!!This publication is dedicated to thanking the 'Santa' of the ‘Traders’ i.e. the 'Stock Market'.
The lessons given to us as a gift of the market, not only help us to succeed in the stock market but also helps us throughout life.
This 25th December i.e. Christmas let’s thank our 'Santa' and have a detailed look at 5 Great Gifts of the Stock Market and thank her for these
life-awakening gifts.
-> Discipline: The most important teaching in markets is discipline. As the wording of Jim Rohn states “Discipline is the bridge between goals and accomplishment” stock market develops that bridge.
The market has its way of teaching and punishing, I think all of us had witnessed its punishment whether in form of not keeping stop loss or not following your trade system.
Discipline plays a vital role in an individual’s life. As said by Horace “Rule your mind or it will rule you. ”The disciplined person has the power to rule his mind whereas others lack this ability.
-> Patience: Another gem cultivated by markets in our personality and harvested by us throughout life. One of the familiar names of our school time Benjamin Franklin says “He that can have patience can have what he will.” market first teaches this gem to us and then offer us what we wish.
We all have at least once missed taking the real profit by not waiting till the target is achieved but leaving the trade in midway though it was moving in our direction the reason is we lack patience and the market gives profit only to eligible ones so, either you be eligible or market will make you fit for it by its way.
-> Ability to conquer 3 gateways of hell: According to ‘The Bible’ there are 12 gateways to hell and among them, the most dangerous are Lust, Greed, and Anger.
The market helps its students in conquering those strong emotions. The beginner in the stock market has a strong lust for making money very quickly and greed for making lots of money without that kind of effort and when he fails in his motive anger gets born in his personality from where degradation or hell starts.
Those few people who still have not left the hands of the market get the knowledge to conquer those emotions throughout their journey in markets.
-> Faith in yourself: One of the famous quotes by Ralph Waldo Emerson is “The best lightning rod for your protection is your spine.” market strengthen that spine so that we as its student can withstand any kind of storm in our life.
Taking any trade based on your analysis requires self-belief on the early days people hesitate but later they rely on their analysis because the market has taught them self-belief.
-> Crush your arrogance: Market is popular in crushing the arrogant guy along with this removing any trace of arrogance in his personality. The famous wording says “Close some doors today. Not because of pride, incapacity, or arrogance, but simply because they lead you nowhere.” market as a kind teacher keep a keen eye on her student for arrogance as she knows that as soon as arrogance arises person starts his fall.
All of us had witnessed that whenever we start thinking that we have mastered markets and try to neglect discipline market slaps us badly to awaken us that we are still newbies and still had to learn a lot.
I believe these 5 are the most valuable gifts of the market but if you have any gift of the market much valuable in your life please mention it in the comments.
Finally, Merry Christmas to all my trader mates.
The stock market gives success only to eligible ones so, either you be eligible or the market will make you fit for it in its own way.
Consolidation and Correction of Christmas Hello Traders
Merry Christmas.
As you know, each year that we get close to holidays and the new year, Bitcoin volume and open Intrest drop; in conclusion, we will see less volatility in the price, and I believe that's why we had this much consolidation on the current price zone. The price might continue the consolidation.
On the Onchain side, it's visible that there is a significant movement in wallets; they are moving their bitcoins, some in profit and some in loss; this alone indicates that the price is more likely to see lower levels in this time period than upper levels.
I screenshotted a metric called CDD from Glassnode, which shows what I mentioned. Coin Days Destroyed (CDD) for any given transaction is calculated by taking the number of coins in a transaction and multiplying it by the number of days it has been since those coins were last spent.
Note that this is an Intraday analysis and is only valid for a couple of days or even hours.
Enjoy the holidays, and Again, Merry Christmas.
------------------------------------------------------------------------
What is your opinion? Comment below.
If you like the idea, please hit the boost button and follow me so you will get the updates. The information given is never financial advice. Always do your research too.
Good luck.
Our team wishes you Merry Christmas!☃️
Dear traders,
As the Holiday Season is upon us, we find ourselves reflecting on the past year and on those who have helped us to shape our business in a most significant way.
We value our relationship with you, dear followers, and look forward to sharing with you best forecasts and signals in the year to come.
We wish you a very happy Holiday Season and a New Year filled with peace and prosperity.
Your UnitedSignals
Merry Christmas, brothers and sisters!❄️
Hey traders,
SignalProvider teams wishes you a Merry Christmas!
"At its best, Christmas is a mirror in which we see reflected the very best life can be. Where we see ourselves moved by generosity, inspired by hope and uplifted by love, not only for ourselves but for the whole evolving universe."
May the magic of the Christmas season fill your home with joy and peace. Sending lots of love to your family, and looking forward to see you with us next trading year. Take care of yourselves and stay safe.💙
X-MAS Rally Possible?A weekend X-MAS rally is possible but look for a strong bearish pullback to quickly follow.
>200 MA look for support before NYSE close
> Rally can be as high as 16960
>4 hour chart is used for analysis 1 day chart shows a bullish signal.
This is a risky trade more than likely a bull trap, but if you have an active position take the above into consideration.
BITCOIN - Ho Ho Ho, Merry Christmas!Hello TradingView Family, this is Richard, and I want to wish you all a Merry Christmas.
Hope you will enjoy this Christmas Theme Idea.
After breaking the 🎄 Christmas Tree neckline downward (30k zone), 🎅Santa Clause has been heading South to grab the 🎁 gifts from the demand zone 10,000 - 12,000 in green.
📉 BTC has been and would be overall bearish as long as it is trading inside the falling green channel.
📈For the bulls to take over from a medium-term perspective , we need a break above the upper green trendline. Then we will be expecting a shift in momentum from bearish to bullish for BTC to start trading inside the rising green channel.
📊For the bulls to take over from a long-term perspective , we need a break above the 30k red zone again.
Which scenario do you think is more probable? why and when?
Always follow your trading plan regarding entry, risk management, and trade management.
And Remember: All Strategies Are Good; If Managed Properly!
Merry Christmas Everyone 🎄
~Rich
Merry Christmas, dear followers!🌲
To a joyful present and a well-remembered past! Our trading team raises a glass to you this Christmas all the way from TradingView.
The light of the Christmas star to you,
The warmth of home and hearth to you,
The cheer and goodwill of friends to you,
The joy of a thousand angels to you,
The love of the Son,
And God's peace to you.
Wishing you a joyous Christmas and a prosperous New Year.🎁
Christmas holidays
Trading vacation winter Santa gift christmastree marvel greeting wish newyear celebration
Dow Jones Index Outlook 21 Dec 2022TVC:DJI DJI is clearly moving in a downtrend direction in the 30m timeframe. However, it stopped making a lower low yesterday plus it has a bullish divergence signal between price and RSI.
This bullish divergence is signaling a chance of trend change to either a sideway or uptrend direction, which we need to monitor the price action today.
If the market opens within the range of 32650-33040, then it has a chance of trading in this range for today.
However, if the market chooses to gap open above 33040 then it will test at 33163 and 333000 respectively.
On the other hand, if the market gap opens below 32650 then it will test at 32470 and 32328 respectively
BITCOIN - CHRISMAS MOVES Usually, in the first moment Bitcoin will get a high retest of new range. First Range would be retest of 17600 - 17800 , where from that range we would see a nice decrease to retest 16950 - 17120 level, after which Bitcoin will take a second steep to retest 18120 - 18200 range. Somehow from there.. Bitcoin may retest lower range again at 17120 - 17300 level. This somehow will make Bitcoin to do an potential Double Bottom Pattern, and this somehow will result a nice increase in price towards 19200 - 19800 level.
Merry Christmas, Traders!💫
Dear followers,
As you celebrate Christmas, make wonderful memories that will linger in your home, make great friendships that will last a lifetime and may this season filled with peace and joy.
We hope this season fills you with faith, renewed hope and good health that will last you a lifetime.
Have a merry Christmas.💫
Your EliteTradingSignals
Happy Holidays!Wishing everyone Happy Holidays! 🎄🕎
I hope you enjoy my chartwork (the Christmas tree is brought to you by the shooting star 🌟 pattern on Carvana's quarterly chart).
As I reflect on this challenging past year, I thought I would post a few of the lessons I have learned trading and investing over the years.
Trading
Always manage risk by using a stop loss. Consider the asset's Average True Range (ATR) on the timeframe you're trading on. If the distance from your entry price to your stop-loss price is less than the ATR, then your trade is likely to fail (stop loss triggered) simply due to normal volatility.
If feasible, consider hiding your stop loss under large buy orders using level II market data.
Avoid trading on assets with low volume or assets with wide bid-ask spreads.
Consider the tax implications of your trades and consider developing a trading strategy that avoids triggering or minimizes the effect of the wash sale rule. For more trading tips you can read my post linked below.
Investing
Always manage risk by diversifying portfolio holdings. Consider holding a wide array of uncorrelated assets or a broad array of low-fee ETFs, REITs, and/or mutual funds.
When available, always opt to automatically reinvest dividends. This strategy works for investing (not trading) because most assets preserve wealth better over time than holding cash. Buying more and more of an asset over time compounds growth.
Consider the tax implications of your investments. Consider maximizing your investment's growth by using tax-sheltered accounts (IRAs and HSAs) and harvesting tax losses in taxable brokerage accounts.
Only invest in assets that, when adjusted for dividends, move up in price at a faster rate than that which the money supply grows. To determine whether an asset achieves this, compare the asset as a ratio to the money supply. For more details, you can read my post linked below.
These are just a few of the many lessons I have learned over the years. I have dozens of pages of tips and lessons learned in my Trading & Investing Notebook. I encourage everyone to keep a notebook.
What trading and investing lessons have you learned over the years? What tips would you give to a beginning trader? Leave a comment below!
Ethereum Technical Analysis on Christmas 2023 🎅Hi Freinds
In the last week, Ethereum has had a completely neutral movement. If you pay attention to the blue circle drawn in the middle of the chart, you can see that the price has formed a strong upward movement after its neutral movement or range, which is called a spike or sharpie movement.
So we have to wait for Ethereum to start its Sharpie movement. But is this sharpie movement ascending or descending? In the following, we will answer this question by examining several technical points.
As can be seen in the chart, after reaching the level of $1,100 (red circle), the price faced buying pressure and was able to grow again to the level of $1,300. Ethereum has hit this level several times but has not been able to break through this level, which is why it has turned the $1,300 level into a relatively strong resistance.
Currently, Ethereum is still maintaining its current small uptrend until it breaks below the $1,150 level. If this cryptocurrency can remain above the level of $1,200 (fixed), its next target will be $1,350. Another important point is to create a FVG or gap. FVGs are areas that form after a collapse or growth, in fact, areas where the body of the candlestick does not overlap with its next or previous candlestick. These areas are very attractive for retail traders. One of the characteristics of Gap or FVG is that it attracts price like a magnet. Therefore, according to the concept of FVG, we can conclude that the probability of a strong upward movement is higher than a strong downward movement.
Sponsorships: $1,200, $1,150, $1,100
Resistances: $1300, $1350, $1400
Arztoday Team 💙
Analyzer ✍: AR.Rashidi
SPX500 - Possible short opportunity for beginning of week 12/12.Hello World,
I still believe Santa & and his helper (J. Powell) can bring us more pain before the year ends.
With that said, I will be waiting for price to pullback into my ideal entry zone (yellow box).
If bearish entry confirmation is present on LTF, shorts will be activated.
Goodluck to you all.