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USOil < USD ? In fact, that view is one I'd rather favor on my latest crude oil idea. For whatever reasons? Very easily: - Especially since it has been empirically proven in the past that when the USD strengthens, resource and crude oil prices weaken. - an effect which has not yet occurred due to the Ukraine purchase shock and the inflationary pressure. Consolidation has so far only taken place on a small scale. So the question is, since the strengthening of the USD has already started, will the real effect still happen? Or will it happen that inflationary pressure and a low supply will allow oil prices to continue to rise? I am excited ! What is your opinion ?
TVC:USOIL
by Heinisch_2108
🤖 #BTCLIVE - 19.08 - #IDEA 🤖🤖 #BTCLIVE - 19.08 - #IDEA 🤖 Snapshot: Short-Term 40:60- Bullish:Bearish Long-Term 70:30 - Bullish:Bearish Technical Analysis: Bullish Scenario: We are now at the macro channel bottom - which was always a realistic scenario - from here I we can hold and start to range/consolidate to build for a move up there the major resistance to break is $22.6k - ideally we need to hold above $21.1k to give a higher chance at a bullish move Bearish Scenario: Losing $21.1k will drop out of this macro bear flag and we will highly likely see $20k and potentially lower to $18k. There is a chance of breaking down and consolidating at $20k where alot of whales will start accumulating the $20k support is big so it might hold, be wary of shorting too much now. Bullish Factors: + Trading at the bottom of macro channel now + approaching $20k psychological support - Heavily oversold on 1 hour and approaching oversold on daily Bearish Factors: - Exchange Netflow Total turned negative - Net Unrealized Profit and Loss (NUPL) turned to Capitulation phase - Lost 3 key supports - Trading under all EMAS and DEMAs - Short trend signal printed now - DXY is pumping hard - Fully printed mcfly on the weekly - Broke down on Pennant Key News: Bull: + Lol Bear: - JUST IN: FDIC sent a cease-and-desist letter to FTX US, alleging it misleads investors over deposit insurance. - US lawmakers eye environmental impact of crypto mining www.theblock.co - CZ FUD "They want to buy cheap" - #Crypto lender Hodlnaut lays off 80% of its staff and reveals they're under investigation by the Singapore police. - Japan's largest online brokerage will shut its #crypto-mining operations in Russia. Metrics: - HUSD depegs Exchange + Exchange Reserve - As the exchange reserve continues to fall, it indicates lower selling pressure. - Exchange Netflow Total - Net deposits on exchanges are high compared to the 7-day average. Higher deposits can be interpreted as higher selling pressure. Miners / Miners' Position Index ( MPI ) - Miners' are selling holdings in a moderate range compared to its one-year average. / Puell Multiple -Miner's revenue is in a moderate range, compared to its one-year average. On-Chain + aSOPR - More investors are selling at a loss. In the middle of a bear market, it can indicate a market bottom. + Binary CDD - Long term holders' movement in the last 7days were lower than the average. They have a motive to hold their coins - Net Unrealized Profit and Loss (NUPL) -Investors are in a Capitulation phase where they are currently facing unrealized losses. It indicates the decreasing motive to realize loss which leads to a decrease in sell pressure. + Transfer Volume - The total number of coins transferred has increased by 154.00% compared to yesterday. + Active Addresses - The total number of active wallets used to send and receive coins has increased by 55.00% compared to yesterday. + Transactions - The total number of transactions has increased by 67.00% compared to yesterday. Sentiment + Coinbase Premium - US investors' buying pressure is relatively strong in Coinbase. - Korea Premium -Korean retail investors' buying pressure is relatively strong. - Fund Premium - Investors in funds and trusts including Grayscale have relatively weak buying sentiment. Derivatives - Funding Rate - Short position traders are dominant and are willing to pay long traders. + Taker Buy Sell Ratio - Selling sentiment is dominant in the derivatives market. More sell orders are filled by takers. - Liquidation - 91108940.60 of short positions were liquidated in the last 24 hours. / Open Interest - As OI increases, it indicates more liquidity, volatility , and attention are coming into the derivative market. The increasing trend in OI could support the current ongoing price trend Last Value: 8,495,455,849.56 24H%: -10% 7D%: -9% Assign your Max Active Deals based on the 7 Day Fear & Greed Average Accordingly. F&G Filter: 0 - 20 - 100% Max Active Deals 20 - 40 - 80% Max Active Deals 40 - 60 - 60% Max Active Deals 60 - 80 - 40% Max Active Deals 80 - 100 - 20% Max Active Deals Fear & Greed Index - Aug 19, 2022: Today: 33 (Fear) Yesterday: 30 (Fear) Avg. 1W: 41 😕 Avg. 2W: 38 😣 Avg. 1M: 35 😣 Avg. 2M: 26 😱 Avg. 3M: 21 😱 Avg. 6M: 25 😱 Avg. 1Y: 35 😣 🔸 #Bitcoin Price: $23,247 24h Low: $23,134 24h High: $23,591 MC Change: -$2.2B (-0.5%) Dominance: 38.5% 24h: -0.5% 7d: -2.9% 14d: 1.7% 30d: 3.8% 60d: 22.0% 200d: -39.2% 1y: -47.8%
by Kryptochristian
1
🤖 #BTCLIVE - 15.08 - #IDEA 🤖🤖 #BTCLIVE - 15.08 - #IDEA 🤖 Snapshot: Short-Term 30:70- Bullish:Bearish Long-Term 50:50 - Bullish:Bearish Technical Analysis: Bullish Scenario: Alot of bearish sentiment, mainly short term would suggest a move down to $23.6k especially with the 3rd rejection from $25k andsell orders coming in - there could be a strong rally at this position to fend off breaking down on the ascending wedge which would likely drive price for another test of $25k this would be incredibly bullish and somewhat of a make or break push. A break and hold above $25k puts $27k and $30k as realistic targets. Bearish Scenario: Short term movement down to $23.6k is likely for the local support although there could be a lot of defense at this position a breakdown and confirmed retest can see price sing quite quickly to $22.6k where the next strongest zone of support lies, max pain in the move can still push us down to $20k region which is where the bottom of this long term channel/range lies. Bullish Factors: + Weekly Pivot already filled + 200EMA is supporting +20 & 50 DEMA doming to support at the key trendline support + Transfer Volume turned positive + Active Addresses turned positive Bearish Factors: - Bearish Divergence on the 5min - Bearish divergence on the 4hr - Bearish Divergence on the 1hr - Restesting resistance - Strong Sell Orders - Broken through 20 and 50 EMA - Hard rejection from 25k for 3rd time - Exchange Netflow Total turned negative - Liquidation turned negative Key News: Bull: + ETH Merge causing bullish sentiment market wide + 💥Revolut gets approval to offer #Bitcoin and crypto in the European Economic Area. + Judge grants Ripple’s request to review videos of SEC officials (cryptopanic.com) +#Crypto exchange Gate.io has been granted a virtual asset custodial services license in Hong Kong. + Europe’s largest independent tyre re-treader, Vaculug, will accept #Bitcoin for payment! Bear: - $ETH: The “Merge” Protocol Upgrade Will Not Lower Ethereum’s Gas Fees - Hackers printed 1.2 billion $AUSD on the Acala Network through an exploit. - Brazilian #crypto lending platform BlueBenx halts withdrawals following a $32 million hack. Metrics: Exchange - Exchange Reserve - As the exchange reserve continues to rise, it indicates higher selling pressure. - Exchange Netflow Total - Net deposits on exchanges are high compared to the 7-day average. Higher deposits can be interpreted as higher selling pressure. Miners / Miners' Position Index ( MPI ) - Miners' are selling holdings in a moderate range compared to its one-year average. / Puell Multiple -Miner's revenue is in a moderate range, compared to its one-year average. On-Chain + aSOPR - More investors are selling at a loss. In the middle of a bear market, it can indicate a market bottom. + Binary CDD - Long term holders' movement in the last 7days were lower than the average. They have a motive to hold their coins + Net Unrealized Profit and Loss (NUPL) -Investors are in a Fear phase where they are currently with unrealized profits that are slightly more than losses. + Transfer Volume - The total number of coins transferred has decreased by 31.00% compared to yesterday. + Active Addresses - The total number of active wallets used to send and receive coins has decreased by 13 .00% compared to yesterday. + Transactions - The total number of transactions has increased by 26.00% compared to yesterday. Sentiment + Coinbase Premium - US investors' buying pressure is relatively strong in Coinbase. - Korea Premium -Korean retail investors' buying pressure is relatively strong. - Fund Premium - Investors in funds and trusts including Grayscale have relatively weak buying sentiment. Derivatives + Funding Rate - Long position traders are dominant and are willing to pay to short traders. + Taker Buy Sell Ratio - Selling sentiment is dominent in the derivatives market. More sell orders are filled by takers. / Open Interest - As OI increases, it indicates more liquidity, volatility , and attention are coming into the derivative market. The increasing trend in OI could support the current ongoing price trend - Last Value: 9,142,523,051.97 24H%: -8% 7D%: -9% - Liquidation - 42921463.65 of short positions were liquidated in the last 24 hours.
by Kryptochristian
🤖 #BTCLIVE - 13.08 - #IDEA 🤖🤖 #BTCLIVE - 13.08 - #IDEA 🤖 Snapshot: Short-Term 40:60- Bullish:Bearish Long-Term 60:40 - Bullish:Bearish Technical Analysis: Bullish Scenario: Defending against this double top and holding above ideally $24k.1 but mainly $23.6k to not confirm this double top would be the most bullish play we can hope for - this would likely require alot of volume to come in and would create quite a high bullish conviction given alot of the bearish markers. Immediate targets in this case would be $25k and then $27k - although don't be too fooled by the short term bearish sentiment a break out here could be absolutely massive with a realistic $30k on the cards. Bearish Scenario: A slightly more favourable outcome atm, given that we are filling out a double top pattern quite nicely along with a confirmed bearish divergence perfectly on the 2nd top. immediate target if we break down on $24k will be the key support at $23.6k, then $23.1k and then $22.6k - this could quite easily continue down. Bullish Factors: + 20, 50 DEMA in close proximity for support + Holding key support and $24k support holding + On 50 EMA and HMA and support + Bullish CME Gap closing in + Exchange Reserve turned positive + Transfer Volume turned positive + Active Addresses turned positive + Relatively minimal FUD Bearish Factors: - Poor weekend volume - Double Top pattern in play - Bearish Divergence confirmed - Strong upper resistance - $25k resistance - RSi Pullback Signal - Bearish POC & Future Weekly Pivot forming - aSOPR turned negative - Taker Buy Sell Ratio turned negative Key News: Bull: + ETH Merge causing bullish sentiment market wide + "We are fully ready to regulate cryptocurrencies, says CFTC Chairman" t.co + 💥NEW: Union Bank of the Philippines to enable users buy #Bitcoin and crypto from its app! Bear: - SEC going after hedge funds for crypto - France inflation reaches 6.1%, the highest it’s seen in 37 years. - Spain inflation reaches 10.8%, the highest it’s seen in 38 years. Metrics: Exchange + Exchange Reserve - As the exchange reserve continues to fall, it indicates lower selling pressure. + Exchange Netflow Total - Net deposits on exchanges are low compared to the 7-day average. Lower deposits can be interpreted as lower selling pressure. Miners / Miners' Position Index ( MPI ) - Miners' are selling holdings in a moderate range compared to its one-year average. / Puell Multiple -Miner's revenue is in a moderate range, compared to its one-year average. On-Chain - aSOPR - More investors are selling at a profit. In the middle of a bull market, it can indicate a market top. + Binary CDD - Long term holders' movement in the last 7days were lower than the average. They have a motive to hold their coins + Net Unrealized Profit and Loss (NUPL) -Investors are in a Fear phase where they are currently with unrealized profits that are slightly more than losses. + Transfer Volume - The total number of coins transferred has increased by 14.00% compared to yesterday. + Active Addresses - The total number of active wallets used to send and receive coins has increased by 22.00% compared to yesterday. + Transactions - The total number of transactions has increased by 4.00% compared to yesterday. Sentiment + Coinbase Premium - US investors' buying pressure is relatively strong in Coinbase. - Korea Premium -Korean retail investors' buying pressure is relatively strong. - Fund Premium - Investors in funds and trusts including Grayscale have relatively weak buying sentiment. Derivatives + Funding Rate - Long position traders are dominant and are willing to pay to short traders. - Taker Buy Sell Ratio - Selling sentiment is dominent in the derivatives market. More sell orders are filled by takers. / Open Interest - As OI increases, it indicates more liquidity, volatility , and attention are coming into the derivative market. The increasing trend in OI could support the current ongoing price trend. + Liquidation - 65354916.17 of short positions were liquidated in the last 24 hours.
by Kryptochristian
Shooting Star Candlestick What is the Shooting Star Pattern? 1. A shooting star is a type of candlestick pattern which forms when the price of the security opens, rises significantly, but then closes near the open price. 2. The distance between the highest price of the day and the opening price should be more than twice as large as the shooting star’s body. What does Shooting Star tells you? 1. Shooting stars signals a potential downside reversal and is most effective when it forms after 2-3 consecutive rising candles having higher highs. 2. A shooting star opens and rises strongly during the trading session, showing the same buying pressure that is seen over the last trading sessions. 3. At the end of the trading session, the sellers push the price down near the open. 4. This shows that the buyers have lost control by the end of the day, and the sellers have taken over. 5. The long upper shadow indicates that the buyers are losing position as the price drops back to the open. 6. The candle after the shooting star gaps down and then moves lower on heavy volume. 7. This candle helps in confirming the price reversal and indicates that the price will continue to fall. Trading Scenario 1. Trade Entry: Before you enter a shooting star trade, you should confirm that the prior trend is an active bullish trend. 2. Stop Loss: You should always try to use a stop-loss order when trading the shooting star candle pattern. 3. Taking Profits: The price target for this trade should be equal to the size of the shooting star pattern. Limitations of Shooting Star 1. One should not only rely on a candle pattern like in a shooting star for making trading decisions. 2. This is why confirmation is required, one can confirm by the next candle or other technical analysis indicators. 3. One should also use stop losses when using candlesticks to control the losses. 4. A candlestick pattern is more significant when it occurs near an important level signaled by other forms of technical analysis.
BINANCE:ETHUSD.PEducation
by yaser_rahmati
USD/JPY head and shoulders for longWe have a confirmed inverted head and shoulders pattern on the hourly usd/jpy chart. We can use this pattern as a guide for trading this pair in the early days of next week. NFP has been unexpectedly good so this may be fuel for US dollar strength. The pattern is confirmed according to my strategy, as we have a daily close above the neckline of the pattern. So, if you don't have a position yet, try to use the first retracement or a retest of the neckline (if we get it before the pattern hits its target) and if everything stays the same, the minimum target of the pattern is around the 137.00 level. Trade safe, Merjem
Long
by merjemascerija
CRAZY FRIDAY (EURUSD NFP HIGHLIGHTS)Signal was clear as day & the news just made the confirmations 1000x more reliable. SUPER BOLLINGER BANDS (Top Sreen Indicator) - If you have a hard time at looking at the charts and marking everything up for analytical reasons then this indicator is your go-to indicator. Not only does it tell you if the market is overbought or oversold it will also tell you whether it's in an uptrend or a downtrend as well in the same sense showing you where price is level-wise. You'll quickly be able to grasp the market language just by watching this indicator in action as it shows each new signal live. SUPER STOCHASTIC/TDI (Bottom Screen Indicator) - The main reason you would want to use this indicator is if you have a hard time with finding entries for your position or not be able to notice pull backs if you're that type of Trader this indicator is a mini bird's-eye view of the market. This indicator is really easy to use for it utilizes the RSI and its levels between oversold and overbought while also utilizing the territory in the Bollinger Bands original strategy. Entry comes when the RSI crosses the red line on the chart and in reverse you could possibly close when the RSI reverse crosses during trade or you could use it in confluence with another indicator to confirm it's entry and exit such as the super Bollinger bands If you're still struggling with Trading or still blow accounts, or get little if any profits AT ALL from your Trading.... THEN GO CHECK OUT MY "NEW RECRUIT DEAL" DM or COMMENT For access to these indicators
by ForexPrince93