LINK - Gearing up for MASSIVE GainsHi Traders, Investors and Speculators of Charts📈📉
For a while now, LINK has been trading in a very clear accumulation phase. This is the zone we see after a bearish cycle and BEFORE a new bullish cycle.
Chainlink can be very "wicky", and often the price will go JUST UNDER/OVER the resistance zone, or JUST UNDER/OVER the support zone. This makes it hard to give precise entry points. Working within ranges and choosing the lower part of the range is the safest best to protect against those ugly wicks.
Here are some easy setups that guarantee profits during the next bullish cycle - but you will have to have packed-bags in order to bag-in on profits!
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CryptoCheck
COINBASE:LINKUSD BINANCE:LINKUSDT
Seasonality
Gold long IdeaLooking to long gold from the 2010 area, scaling in to the trade if it falls to the round number for a bullish push to end off the year and go into the new one.
Confluences:
Seasonality in gold, December is bullish for gold going into January
FOMC surprise rate cuts going into 2024 & 2025
in terms of tech, we have the 50% fibo here as well the -23.6% from the current leg.
Targeting 2061, I have a longer swing I will be scaling into if gold continues to rise back to the alth.
Catch you later traders Merry Christmas ▲✞
Altseason Indicator. Capitalization excluding BTC ETH USDT USDCLogarithm. Time Frame 1 week. Understanding the capitalization and growth potential of altcoins without BTC ETH and top steiblcoins USDT, USDC and DAI gives a brighter and more accurate picture of the timing of the start and development of that long-awaited altcoin season of more pronounced scale than now on 16 10 2023 - at the time of publication 8 12 2023.
1) The capitalization of these assets has long been in a squeeze - consolidation, this is a direct correlation with the accumulation zones. We are conventionally in the final phase of accumulation (almost).
2) Please note that there has been no real capitulation (perhaps there will not be, and if there is, it will be V figuratively, but that is not the point). Very much emphasize your attention to the timing of the length of this phase and past late 2018 and 2020.
3) Also note to your eye that at that time 2018-2020 there was not such a big capitalization outperformance from the rest of the BTC and ETH market. Compare that to the situation now, how much other altcoins are "undervalued" speculatively. You also need to realize that there is a correlation with stablecoins and their huge portion of the overall market compared to the time before.
How to enter these parameters on tradingview? .
In order to capitalize alts from TOTAL3 (initially without capitalization of BTC and ETH) and exclude all large-capitalization stablecoins from it, you need to do the following:
In the ticker entry line in tradingview write:
CRYPTOCAP:TOTAL3-CRYPTOCAP:USDT-CRYPTOCAP:USDC-CRYPTOCAP:DAI .
Accordingly, a chart is created that subtracts the capitalization of the designated stablecoins (USDT, USDC, DAI) from TOTAL 3.
NQ expectations based on macro-economic analysis and structuralThere are 2 scenarios that I expect to occur, both with the final outcome, the circumstantial achievement of historical highs, because: we had a response to the restrictive monetary policies of the FED before 3/11/2023 with a lower than expected NFP and a rate of rising unemployment; then with decreasing inflation. I expect scenario 1 (white) to occur if in these days the markets close with a bearish acceptance below the last Value Area; scenario 2 (green) only if we have a bullish acceptance of the last established maximum. Seasonality should also not be overlooked as we are in Q4 and the very close Christmas rally, a Risk-ON period.
Most important chart to check BEFORE any other market!After 4 years of upward movement and reaching the ceiling of 5% yeilds.
Considering the momentum of the current downward trend from the 5% resistance, as long as the wave counting is considered correct and not violated, all financial markets, especially bitcoin, gold, and the US stock market for about the next year (2024) may be ascending
IF the bonds break the 5% resistance, the whole scenario is cancelled
Keep in mind that the amount of money printed and available to large investors to enter the financial markets is much more, and this can have much more extreme movements with it.
But beyond these cases, finding suitable entry points for each market is a completely separate and important issue that must be examined separately.
Neither gold nor Bitcoin are good places to buy now.
Bitcoin Correlation with Dollar Bitcoin Correlation with Dollar
A weaker DXY = a positive for BTC ✍️
The chart below shows the moments when 2 assets are correlated (circled⭕️). Note the DXY is inverted.
In the last post, I said that I expect the dollar to continue to fall, leading to BTC's growth.
💡What's next? Now, most analysts agree that the key rate will decrease in 2024, which is again negative for the dollar and positive for risk assets↗️
GBPUSD 4H Next Possible MovementHello Traders it been a while since we didn't share any analysis here we are back at the Game let dive In on the $GU 4H Timeframe Analysis.
We See a clear rejection of the price 1.2500 we can count it as a support Area and now the price start ranging it accumalte liquidity to either Goes Upside or downside but the Next Move will be massive, We have To Possible Scenarios.
1- We break to the Upside, that our confirmation then pullback and move to 1.2750 Areas.
2- Second Scenario is a continuation of the current bearish movement to break to the Downside then Pulback or retest the previous support that will became Resistance!
Global Net Liquidity & BitcoinGlobal Net Liquidity Correlation with #Bitcoin
The main factor in liquidity growth was the infusion from China (PRC - money supply M2 = +10.3%). There is also some optimism that Western countries will move to lower key rates in 2024.
💡The majority would probably like countries to start printing money in large quantities in a short period, like in 2021, and their assets to grow. Instead, I think that we are in for restrained growth in liquidity and with it the market's crypto.↗️
Long entry detectedIf price were to drop again around the low 100s again id suggest a long entry to a price target of 135-140. The need for time sensitive premium overnight air cargo services is now.
this company has been recently added to new fund made up by 30 companies from north americas three nations, Canada, United States and Mexico. tied together through the USMCA trade pact and seeking to take advantage of nearshoring.
#USOIL #WTI_CRUDEMacro: Price is likely to test and sweep 2023 Lows and stops.
M: Price failed to close below monthly BiSi
W: Price failed to closed blow wekly BiSi and also swept IRL/SSL
D: Price Closed below the 50% of Daily BiSi
4H: closed above 4H SiBi and another 4H BiSi is left untested at $70.1
1H: SiBi ahead that may push price lower to untested 4H BiSi (Bearish Scenario)
or in bullish Scenario it may disrespect 1H 7 4H SiBis and sweep the EQH
also we have bunch of red folders news in next week
that also include crude oil inventory report on wednesday
happy trading, manage your risk and salvage capital in case of a wrong trade
The perspective contrasts with the current context along the linThe end of last week's candlestick was suitable for us to have a new perspective on Gold until December next year, although a bit contrary to the current context.
Limit sell 2055-71
SL 2085
TP 1714
See more ideas with weekly frame ichimoku clouds below for further reinforcement.
Update Plan Gold 8/12Update Plan Gold 8/12
Gold in the h4 time frame has thin clouds so the probability of a puncture is high. It is predicted that today's nonfarm price will likely increase and keep the price in the upper range until the end of the session. Next week, fomo buy will be created, then the market will execute a downward wave in H4. The psychology of giving orders to the fomo buy side
Altseason Indicator Total 3 - capitalization without BTC and ETHLogarithm. Time frame 1 month. The chart shows two major and one minor cycle of pumping alts and the market as a whole. This chart emphasizes the time of alts pumping without taking into account the heavyweights BTC and ETH , which occupy a huge share of the crypto market.
That is, directly makes it clear when the long-awaited alt season begins. All major previous and future alt season on the chart. Note that these are the maximum prices for most altcoins in a certain phase of the market. Be sure to clean out your pockets alts during these times.
The capitalization of these assets has long been in a squeeze - consolidation, there is a direct correlation with the accumulation zones. We are in the final accumulation phase.
Note that there has been no real capitulation (perhaps there won't be, and if there is, it will be V figuratively , but that's not the point).
That is, as soon as the reversal levels (marked in yellow) are broken through - the prices of these groups of assets begin to rise. The "participation" phase is launched on the market. That is the price movement to the distribution zones.
As a rule, by this phase of the market ( distribution ) capitalization grows 10 times , prices accordingly. This is the time - "the hamster is not scared", i.e. the time when one should get rid of (lock in super profits) from "promising crypto garbage".
Below provided is a basic variation of asset group grading on tradingview that makes sense to monitor and use as true market indicators. This gives insight into potential asset group pumps/dumps or market phase changes. These types of "ideas" are done once and for many years. Because relevance is never lost if you understand the point
1) Market capitalization of different assets:
Crypto total cap - total market capitalization of the market in $
Crypto total cap 2 - market capitalization excluding BTC in $
Crypto total cap 3 - market capitalization excluding BTC and ETH in $
2) DeFI projects:
Crypto total cap DeFI - DeFI cryptocurrency capitalization in $
Crypto total cap DeFI.D - capitalization in % terms of DeFi dominance to the market
3) Major Stablecoins:
Market cap USDT - USDT capitalization in $
Market cap USDT % - capitalization in % terms of dominance to the whole market
Market cap USDC - USDC capitalization in $
Market cap USDC % - capitalization in % dominance expression to the whole market.
4) Bit cocaine
Market cap BTC $ - capitalization of BTC in $
Market cap BTC dominannce % - capitalization in % dominance expression to the whole market.
5) Ethereum
Market cap ETH $ - capitalization of ETH in $
Market cap ETH dominannce % - capitalization in % expression of dominance to the whole market.
6) USD index (DXY)
The US Dollar cyrrency index is the most important indicator of the pamp/dump markets as a whole (more globally, not just crypto).
Market cycles are humans behavior, what is displayed on the price chart and which lends itself to cyclical thinking/actions, which shapes the market direction. .
Below I will publish similar ideas — indicators that I have published previously for several years and that for obvious reasons remain relevant. I will also make analysis of new groups of assets by capitalization from the list, which have not been analyzed before. But, I will do all the analysis of instruments only when I have free time.
Crypto total cap DeFI.D - % of dominance of DeFiLogarithm. Time frame 1 week. Chart. This is the crypto total cap DeFI.D
This is the percentage of dominance of DeFi projects in relation to the entire market. This is a very important indicator for understanding the pump or dump of this asset class. That is, to understand when there will be an alt-season on this group of assets, which will "overtake the market" at a moment in time.
Below is a basic type of asset group grading on tradingview that makes sense to monitor and use as true market indicators. This gives insight into potential asset group pump/dump or market phase shifts. These types of idea are done once and for many years. Because relevance is never lost if you understand the meaning
1) Market capitalization of different assets:
Crypto total cap - total market capitalization of the market in $
Crypto total cap 2 - market capitalization excluding BTC in $
Crypto total cap 3 - market capitalization excluding BTC and ETH in $
2) DeFI projects:
Crypto total cap DeFI - DeFI cryptocurrency capitalization in $
Crypto total cap DeFI.D - capitalization in % terms of DeFi dominance to the market
3) Major Stablecoins:
Market cap USDT - capitalization of USDT in $
Market cap USDT % - capitalization in % expression of dominance to the whole market
Market cap USDC - capitalization of USDC in $
Market cap USDC % - capitalization in % dominance terms to the whole market.
4) Bitcoin
Market cap BTC $ - capitalization of BTC in $
Market cap BTC dominannce % - capitalization in % dominance expression to the whole market.
5) Ethereum
Market cap ETH $ - capitalization of ETH in $
Market cap ETH dominannce % - capitalization in % dominance expression to the whole market.
6) USD index (DXY)
US Dollar cyrrency index - this is the most important indicator of the pump/dump markets as a whole (more globally, not just crypto).
Market cycles are humans behavior, what is displayed on the price chart and which lends itself to cyclical thinking/actions, which shapes the market direction. .
Below I will publish similar ideas - indicators that I have published previously for several years and that for obvious reasons remain relevant. I will also make analysis of new groups of assets by capitalization from the list, which have not been analyzed before. But, I will do all the analysis of instruments only when I have free time.
The Crypto Bull Run has Begun: SOL to 20xLONG TERM CRYPTO VIEW
The crypto bull run has begun and with the BTC halving coming in 2024, it's just a matter of time before BTC hits new highs and altcoins follow.
BTC is, of course, the bellwether of the crypto market but it is not my biggest position. I am heavily weighted to Solana as I believe it will act how Ethereum did in the previous 2021 peak cycle. Solana is a similar "platform-type" cryptocurrency like ETH that allows for applications to be built upon it, but the network is far superior. Transaction fees are lower, speed is higher, and I believe SOL has the scalability to compete with ETH in the long run. I am not suggesting SOL will overtake ETH's market cap any time soon because ETH will rise in a bull run too. ETH's market cap is about 10.6x that of SOL. If my predictions for the bull run peaks are accurate, this will decline to about 3.75x as SOL outperforms ETH by 3x in the coming cycle.
The charts here are a logarithmic analysis and if I'm correct about Sol being the ETH of this cycle, we should see a $1200 peak, give or take. $600 minimum and up to $2500 wouldn't surprise me. Crypto can surpass even your wildest expectations.
In the short term, I expect a BTC consolidation and maybe a local top when ETF approval hits.
Best of luck out there.
EU 30Y Bond Yield to extend further into 2008 high in 2024Economic
Policy needs to remain restrictive or should tighten further, until clear signs of easing inflationary conditions are available.
Technicals
Favor: Strong yearly candle
Favor: Strong M BiMS
Favor: M BiMS after ATL
Favor: Multiple BSL Levels higher
Currently at 10Y High
Expectation
Downside Retracement Targets (careful Short Term)
1 - 2.057% (Y SIBI Inverted) - 95% Certainty
2 - 1.625% (Target (already traded to)) - 75% Certainty
3 - 1.330% (MT Recent Upswing based on Y H to L) - 65% Certainty
4 - 1.149% (MT Recent Upswing based on Y Bodies) - 55% Certainty
5 - 1% (Beginning of Grind upwards) - 25% Certainty
Upside Targets (After Downside)
1 - 3.160% - Y 2023 High - 95% Certainty
2 - 4.915% - 85% Certainty
3 - 5.738% ( Fib 1.618 Extension) - 65% Certainty
4 - 6.258% (23Y High) - 35% Certainty