#NEAR looks promising for the long term!NEAR is forming this huge bull flag.
For the long term, this seems like a solid choice. Its strong tokenomics and competent team make it a promising asset. The chart indicates the potential for significant growth in the next few weeks.
It may drop to $4.3 support, which is a very strong support, but there is one more support at $5.
So consider adding more if it drops below $5 to $4.3.
Remember to do your own research.
NFA
Longterm
HBAR - Ready For Another Impulse?Hello TradingView Family / Fellow Traders,
🚀After a massive 108% surge, HBAR rejected the $0.15 - $0.17 resistance zone and is currently in a correction phase.
HBAR is now approaching a strong demand zone marked in blue, so we expect the bulls to kick in soon, as long as the demand holds.
📈 For the bulls to take over again, we need a momentum candle close below above the last major high highlighted in red.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
EURAUD - Wait For The Bulls ↗️Hello TradingView Family / Fellow Traders,
On Daily: Left Chart
EURAUD has been hovering within a big range between our blue support and red resistance.
Currently, EURAUD is approaching the lower bound of the range, so we will be looking for buy setups on lower timeframes.
On 1H: Right Chart
📈 For the bulls to take over, we need a momentum candle close below above the last major high highlighted in gray.
📉 Meanwhile, EURAUD would be bearish short-term and can still trade lower inside the daily support.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
BTC Long term predictions On the weekly timeframe these are my potential price paths leading up to and beyond the all important halving.
Using the volume profile indicator, it's possible to see where the highest volume areas are during the way down from the 69k all time high. These areas are where price will usually reach congestion where large orders are being defend and or added to in order to try and push price back in the original direction.
As shown BTC is currently inside a Bearish Orderblock and waiting for price to react off of it, and how Bitcoin reacts leads me to the 3 paths I have predicted:
Bullish Path - If btc flips this bearish OB and retests it with a confirmation as new support, next stop is 38k where the volume profile shows an area of high volume, and therefor resistance as the last time we were at this level the imbalance on the orderbook sent price lower. As price continues to retake previous bearish OB's and turning them into bullish ones by the time the next halving comes around we should be poised to look forward to retaking the ATH.
Neutral Path - I think the middle and most balanced of the 3 outcomes would make the most sense to me given the economic macro environment with the threat of recession looming over the crypto industry, but also the majority of the downtrend is over from the bear market, Btc dropped 77% from its high and although its possible to drop further it's inline with bear markets in the past.
Bearish Path - The bearish outcome leading up to and beyond is the current OB rejects price and sends it back to the POC (point of control) which would really hurt the market but isn't out of the question given the lack of available disposable income and free credit to invest going into the later months of 2023. Unfortunately this is quite likely in my opinion. However, the halving event that takes place this time next year has always started rally's in price, and last Bullrun began just before a halving event. So in conclusion HTF chop and then rally into the halving and beyond.
OP - Enjoy The Ride 🚗Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 OP has been overall bullish, trading within the rising broadening wedge pattern in red.
Currently, OP is undergoing a correction phase and it is currently approaching the lower red trendline.
Moreover, it is retesting a strong support zone marked in blue.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the blue support and lower red trendline acting as a non-horizontal support.
📚 As per my trading style:
As #OP 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
BTC - Detailed Video Analysis around 60k 📹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📚 As long as the $60,000 holds, we are expecting a continuation till the upper bound of the range and $70,000.
📚Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
BITCOIN: HISTORICAL CYCLES AND HEALVING ROADMAP PART IITHIS CHART IS BASED ON HISTORICAL DATA
Let’s get to the chart.
Keeping in mind that this chart is based on Bitcoin at this time, it's quite important for the coin. Looking at historical prices, if we examine the first example, focusing on the first bit between the 2012 halving, the month before the halving was actually relatively neutral. We saw a slight uptick in the lead-up, once again following the next major market. If we look at the second example, we actually saw a major move to the upside within around one month of the Bitcoin halving, and then we experienced a short downturn before eventually continuing higher later in the market cycle. Then, looking at the 2020 halving example, of course, leading up to the halving, we had the global pandemic that crashed the market to the downside. However, we saw a major recovery one month before the halving. Following the halving, we actually saw some choppy sideways price action, essentially neutral action over the next month, and then we continued with the market much higher. Overall, in a very bullish time in the market right now, generally around the halving, we are usually trending in a bullish direction. Of course, we can see short-term bearish moves, but the larger trend is bullish. Additionally, we usually see a major market move in the process, at least over the next year after the Bitcoin halving.
Taking a look at the first example from the first Bitcoin to the ultimate market cycle, that was 370 days into the market top, exactly one year after the market. Looking at the second example, that was around 520 days after the Bitcoin halving to reach the market top. Then, looking at the third example, from the halving to the ultimate market top, that was around 540 days on average. From the actual Bitcoin halving to the next major market top, it takes around 450 to 500 days. Potentially, we could end up seeing the market topping out roughly around 2025, and then we could end up entering into the next market in the second half of 2025 because the next Bitcoin halving is likely to happen in early 2028. As you can clearly see on this chart, we usually end up seeing these markets occur right in the middle of these Bitcoin cycles. Simply based on history, this is the most likely outcome. Of course, nothing is guaranteed, but the most likely outcome based on historical data is simply seeing the market over the next year somewhere in 2025.
This chart will likely help you make better trade decisions if you consider upvoting it. I would also love to know your charts and views in the comment section.
Thank you.
BTC - Wait For The Bulls 🦬Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 BTC has been stuck inside a range within the shape of a symmetrical triangle.
Currently, BTC is in a correction phase, approaching the lower bound of the triangle.
Moreover, it is retesting a strong support and round number $60,000.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the blue support and lower orange trendline.
📚 As per my trading style:
As #BTC approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
This bullish scenario will hold, unless the $60,000 is broken downward.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
SasanSeifi 💁♂Potential for Significant Growth in the Long TermAs you can see in the chart, the price of CAKE has experienced significant growth after a period of decline and volatility. The price bounced back from the $1 support zone and has since experienced another minor increase after a pullback to the $2.50 demand level. The price is currently trading at $3.20.
By examining the behavior of candles in the long-term time frame, we can expect the following for the future of this currency:
If the $2.50 price range is maintained, we can expect further growth to the $4.50/5 liquidity zone and a new high above $4 (HIGH).
The above image shows the possible long-term trend of CAKE and the desired targets. This trend indicates the significant growth potential of this currency in the long term.
The important support zones are $2.50 and $1.70.
This is not financial advice. Always do your research before making any investment decisions.
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌
Long term strategyThis could be a great opportunity to gather passive income. The price is landing on a strong monthly support at 33-34. The next support level is at 28. Buy here and sell covered calls. Example:
100 stocks at 34.4 = $ 3440
1 covered call exp 05/24 a month from now. Strike 36. Cost $ 108.
Profit %: 100*(108/3440) = 3.13% a month. If you do it every month is close to 38% a year. If the stocks are assigned even more.
BTC - Boring Month⁉️Hello TradingView Family / Fellow Traders,
BTC has been hovering within a big range between $60,000 support and $70,000 resistance.
Scenarios:
1️⃣ Bullish
For the bulls to take full control again, a break above the $72,000 mark is needed.
In this case, a movement towards the $80,000 resistance would be expected.
2️⃣ Bearish
In parallel, if the $60,000 support is broken downward, we expect a bearish movement towards the $50,000 demand zone.
Which scenario is more likely to happen first? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
It might surprise usWhile everybody is asking why the sell off yesterday and now switching to bear mode, this one is doing its thing. I think the market has punished enough this stock in short term, and investors are buying. The strategy here is buy some now, if it drops to the base of the large triangle buy more (around 145), if on the other hand breaks up the falling wedge buy again and hold until price touches the upper vertex (200 or so). SL very wide 120 or so.
ATOM - Trading The Range 📦Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📦 ATOM has been hovering within a big range between $5-$6.5 support zone and $15-$16.5 resistance zone.
📉 Currently, ATOM is in a correction phase and approaching the lower bound of the range.
📚 As per my trading style:
As #ATOM approaches the lower bound of the range, 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
NVDA - the way it's meant to be played™Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 NVDA has been overall bullish from a long-term perspective, trading above the blue trendline which is acting as a non-horizontal support.
After breaking below the last low marked in red, NVDA has been in a correction phase from a medium-term perspective.
Moreover, the green zone around $650 is a strong demand zone.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green demand zone and blue trendline.
📚 As per my trading style:
As #NVDA 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
BTC - Pre-Halving Scenarios 📈📉Hello TradingView Family / Fellow Traders,
Let's keep it simple!
BTC has been trading within a large range bounded by $60,000 support and $70,000 resistance.
Currently, BTC is hovering around the lower bound of the range at $60,000.
Scenarios:
1️⃣ Bullish
As long as the $60,000 support holds, we expect the bulls to take over and push the price towards the upper bound of the orange channel. (to be confirmed on lower timeframes)
2️⃣ Bearish
If the $60,000 support is broken downward, we expect a bearish movement towards the $50,000 demand zone.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
20% Upside Potential idea 🔥 - Bata🔥 20% Upside Potential idea - NSE:BATAINDIA
This Trade Ideas is a type of Equity Investment which is designed to give you 10% to 20% return in short-term via #Equity #Investment.
✅ Stock Name -
Bata India
Trade Process :-
✅ - Buy only at Buy Level as recommended in the chart. Use GTT feature available with all online brokers
✅ - On successful purchase, immediately create a SL GTT (Stop Loss level asper chart).
✅ - Once Stock Price is at Target 1 level, move your SL to Cost Price or 3% down from Target 1.
✅ - Keep Trailing the SL as Stock Price moves to next Targets.
Thanks
ETH 1D LONGI invite you to review ETH on a one-day interval. Let's start with the current rebound, as you can see the price has dropped to the first buying zone, and when BTC stays above the $60,000 level, we may see prices rebound in the coming weeks. Next, we have a defined purchasing level 2, and then another very strong zone for price fairization, but I do not expect such large drops.
The green color shows the ranges of levels that I expect in the next months of the bull market.
Dogecoin (DOGE): Zoom Out and hop on the next Big Move!Starting with Dogecoin on the Monthly Chart, we're observing a potentially lucrative opportunity. The subordinate Wave ((iii)) has completed at the precise 161.8% extension level, and it appears that Wave ((iv)) has concluded within the 38.52% retracement range. A notable detail is the wick of the current monthly candlestick reaching down to close the Fair-Value-Gap on the Monthly Chart, suggesting a robust and effective market response. Given these developments, our expectation is that there won't be further significant dips below this level.
Looking at Dogecoin on the Daily chart, we observe a significant Demand Zone which we believe should be respected if tested another time. We choose not to zoom in further as the range appears quite defined to us.
We are placing our stop-loss just below this touched and thoroughly respected Demand Zone. If we repeatedly enter and "cut" through this zone, we might consider exiting the position prematurely. However, unless that happens, we plan to maintain our position.
Our minimum target is the level of the previous All-Time-High. We anticipate breaking the local daily chart high of $0.23, aiming for higher levels as part of our ongoing trading strategy.
GPT/USDTBYBIT:GPTUSDT.P
his idea has a medium-term profit target.
All targets are indicated on the graph.
- Risk 1% on deposit
- R/R 1/2
P.S (This is not an investment recommendation, this is my personal opinion.)
THORChain (RUNE): An outlook on the Higher TimeframeAt BINANCE:RUNEUSDT , we are initially examining the monthly chart because we believe it reveals something very significant and promising. We are potentially in a major Wave 3, which could realistically target at least $34.70. This is a considerably high target, yet feasible for Rune given its performance relative to other cryptocurrencies—it hasn't risen as sharply, suggesting there might be substantial upward potential once it breaks out.
We have observed multiple fakeouts around this trendline but have never truly broken above it. This trendline, along with the demand zone highlighted on the monthly chart, will be crucial anchors for our analysis.
We do not expect to fall below this demand zone; it forms the basis of our swing or spot bag setup for Rune. The response to recent price dips has been encouragingly positive, indicating resilience. If we see a clear breakout above this trendline and the price successfully consolidates above it, we anticipate significant bullish momentum to follow.
DXY - Are You Ready?Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 DXY has been overall bullish , trading within the rising channel in red.
Currently, DXY is approaching the upper bound of the channel acting as a non-horizontal resistance.
Moreover, it is retesting a strong resistance zone marked in green.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the upper red trendline and green resistance.
📚 As per my trading style:
As #DXY approaches the red circle zone, I will be looking for bearish reversal setups (like a double top 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
NZDJPY - Wait For The Bears!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 NZDJPY has been overall bearish, trading within the falling channel in red.
Currently, NZDJPY is approaching the upper bound of the channel acting as a non-horizontal resistance.
Moreover, it is retesting a demand zone marked in green.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the upper red trendline and green demand zone.
📚 As per my trading style:
As #NZDJPY approaches the red circle zone, I will be looking for bearish reversal setups (like a double top 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