December
LINK - The Castle Is Standing Strong! 🏚Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
LINK has been stuck inside a big range in green between 5.0 and 10.0
And as per my last analysis (attached below / related ideas), we know that now the bulls took over from a short-term perspective after breaking above the orange zone.
What Now?
As LINK retests the orange zone, we will be looking for short-term trend-following buy setups.
For the bulls to take over from a long-term perspective, we still need a break above the upper bound of the range and round number 10.0
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
ICICI Bank_DailyICICI Bank Limited is an Indian Private bank. It is headquartered at Mumbai and component of nifty50 and Banknifty.
* Trade with proper risk management.
* To Decide Qty use this formula.
--- Qty = Risk Per Trade/SL Points. ---
Only for educational purpose.
Dec. Gold, will it breakout? Gold appears to be approaching a key zone of interest, but this time I am long and looking for a breakout. As shown in the charts we can see that gold is heading right for a trendline resistance + golden pocket and it is starting to top out on the oscillators. This tends to be a banger recipe for a rejection but I think this time around could be different. This time could be different if the dollar manages to stay below it local high of $9.28. I can see that the dollar will likely retrace back to around $106.27-42. I plan to hold onto my longs from $1,750 until at least the GP + Trendline. I plan to watch and observe reaction at this area and set a stop in the money. If it breaks out, great, if it gets rejected, sounds good, I'll have my stops set in profit.
With my target on the dollar, I think gold will likely reach $1,788 minimum, if not breakout. Lets get it.
Sidenote, I use 20x leverage trading Gold. This is a good way to amp your trading profits in a slower moving market such as metals. Please use proper risk management when using leverage.
Corn Shortage! Blah Blah BlahThis week has brought about news on the projected corn yields dropping marginally, which in turn, is pushing this beast into higher territory. As we check out the chart we can see we have a significant golden pocket that will act as the Berlin Wall for corn. Prices below the golden pocket will act as East Berlin, controlled by the soviets during the Cold War. Trapped in a descending trend. If corn manages to push past the golden pocket + trend line resistance, corn will now be on the west side of the Berlin Wall. Free to explode into the June highs of $7.5.
In this analogy, I personally think that the soviets will maintain control and rule over corn until harvest is over. Corn harvest has started in the south and will continue into Nov. As we harvest we will have more corn in the bins and ready to use. Which will lead to lower prices IMO. Simple supply and demand.
Based off of the chart technicals, I am even more confident in saying that corn will be rejected because of where the GP and trend resistance lays. Once price reaches those levels I am expecting to see a bearish divergence on all three oscillators, and then I will go short big time. This could be a multi-month trade. But as always take profits on your way at key targets.
Major short target: $5.70-$5.30
DecentralandMANA/USDT update im waiting for mana to take 1.0350-1.0500 and to take sell for any new update i will post another analysis
Corn - December22 DailyThe fundamentals for new crop corn remain supportive to continuing this bullish market. Technically, to continue bullish enthusiasm, Dec22 Corn needs to hold weekly closes above the 6.31 low posted last week. This market’s upside still remains unmeasurable, but we can try…. Primary target above at 7.11. Should something spark a runaway move higher look at 7.60 then the 8.10 to 8.29 area. Otherwise, look for the 7.11 to 7.30 area to be the next upside targets before a corrective leg lower.
ZEC Near 16% Gains on SaturdayZcash (ZEC) was trading by over 16% higher as of writing this, as prices rose to their highest level in over three months.
After trading at a low of $748.86 yesterday, today’s high of $777.63 saw ZEC/USD break past its long-term ceiling of $772.20 in the process.
Saturday’s peak is the highest point that the price of ZEC has traded since December 9, and comes as price strength appears to be overbought.
Binance Labs Invests in UltiversBinance Labs has increased its investments in the emerging blockchain and crypto companies significantly over the past few months. In December 2021, Binance Labs led Multichain’s $60 million funding round.
Frank Ma, the CEO of Ultiverse, said: “We’re excited to grow Ultiverse along with Binance Labs and BNB Chain ecosystem, as we share a common vision of Web3 gaming metaverse. I am confident that Ultiverse will be the proof-of-concept that both Web3 and gamers have been clamoring for. We’ll do this by providing intricate virtual worlds and, more importantly, ways in which these worlds can be interacted with and affected in a truly collaborative way.”
Fibonacci / Gann Box Analysis for 9th Dec expiry on Nifty 50Observing Gann Box , Nifty is expected to fall further till expiry.
5th wave of Elliott wave is also forming giving a second confirmation for the downfall till this weekend.
As per this analysis, nifty expected to fall till 16240 i.e. 670 points more till l9th Dec expiry.
Please suggest your views on this analysis.
BTCI am uncertain what the weekly chart will be as it may decrease further. So I will sell as soon as 4 days and reinvest into SOL unless there is an indicator on the weekly.
RKLBRKLB is looking very neutral in gains for the next 112 days, so let's hope for an exponential increase near 112 days which is possible seeing the other peaks and the monthly chart. I would wait 56 more days to start purchasing. Check out the daily chart for the right dip when the time arrives. :)
XLM PublicXLM is up for the next 42 days or so and I am selling for profit then reinvesting into a new portfolio.
NQ Power Range Report with FIB Ext - 12/30/2021 SessionCME_MINI:NQH2022
- PR High: 16493.25
- PR Low: 16455.50
Evening Stats (As of 12:27 AM)
- Gap: = N/A
- Session Open ATR: 298.22
- Volume: 15k
- Open Int: 210k
- Trend Grade: Neutral
- From ATH: -2.0% (Rounded)
Key Levels (Rounded - Think of these as a range)
- Long: 16677
- Mid: 16105
- Short: 15247
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
Bear market roaring. Inflation to Deflation. VIX will be massiveVix have blasted out of range serval times and getting larger and larger and now the past days banks have traded massive % of the market.
Dollar spiking hard today friday 17 December. I believe market will crash monday december 20th 2021. This crash will be above 50%. last crash want a real one.
This my calculations right VIX will blast to 150 dollar mark. Inflation is a big problem has not arised just now. its been that high for months. time is out. Market will go down now, when people are less focused.
Bitcoin 12/04/21 Analysis There are a few things happening in the chart:
1. BTC needs to close this week's weekly candle above 46000 in order for the Macro Cup and Handle Pattern (started 04/12) to still be valid
2. BTC has a price target out of this head and shoulders pattern (10/15-12/03) at 38600. It should reach that target on 12/06
3. BTC needs to find support above the .5 (50109) and .618 (52275) fib levels in order to avoid a dead cat bounce scenario
4. If BTC breaks down further, it has strong support around 30000. This is supported by previous support (05/19 - 07/21) and support from this descending broadening bottom pattern (started 11/09)
ATOM price perdictionMedia go brrr is likely bcz of BTC pumping in December, most people say altcoin season would be over by then but I don't think so.
AUDIO is preparing the next move you must have AUDIO in your wallet on December..
This coin is worth more than this..
clear squeeze can make a pump ..
The yellow lines are strong support areas and are good to enter.
The blue lines are strong resistance areas and good to take profits .
PRE divergence on the dailyNoticing a momentum divergence on the daily chart. I’m holding my position but expecting PRE to be a big stepper for the month of December.
I HAVE LEARNED HOW TO BLOK.. I'm going to keep it simple with this one..
Check out the video. I have noticed a few trends that stand out and have consistently traded for a 25% profit every trade. That adds up pretty quickly, right? Anyways, trade smart and be cautious. This time of the year is a big unknown, and of course, there are people always spreading hype and trying to convince you to put more money into crypto. When we are in an area or time like this, I always consider these things... One, the news is not my friend. Two, the positive news released is meant to motivate us to buy. Three, the negative news that is released is intended to encourage us to buy. Fourth and final, I must trust my decision and accept every trade for what it is. Number four is a reminder to us all that we do make bad decisions sometimes and not to let that beat us up.
I hope all stays well, and everyone gets that 2-3X soon!
UPDATE | TRENDLINE RESISTANCEAs i showed yesterday, we have a trendline resistance.
We didnt break the resistance, and saw an expected drop to the support line.
I think we will go up in the next days, and break the trendline resistance within 7 days🤞
BTC mirror April Spring 2021 highs for final ATH?Just playing around with days and degree measurements based on previous similar structures.
