Litecoin is into the good zone of Accumulation: Bullish too!!!In weekly timeframe, we could to appreciat that Litecoin is fomred a simetric triangle, and that obviously show a Litecoin so undervalued and for future, I see a Litecoin so bullish, this is another cryptocurrency that I don't missing out the radar!!!
Also, we could to appreciate a strong resistance line formed on May 2018 and that, the trend was bearish, now, Litecoin is more of 2 years of accumulation and this is another cryptocurrency that I'm in fromd of my eyes to studying!!!
Also, guys I add my link to related ideas about all of Litecoin!!!, and then what we expect for the future of Litecoin!!!
Marketcycle
Ethereum is bullish: Stay alert of the chart!!! Long-Term
This is all target to reach the Ethereum as Investment for long-term!!!
Guys, I dont have word to say you, I believe that Ethereum is goes to the parabolic bull run, I don't have any clue that Ethereum goes to down the price, not, we are in the 0.618% of Fibonacci and we are for bulls!!!
Also, if you want to read the future of Ethereum, you can to check it, also I add of Bitcoin too!!!
Special Analysis: Why Bitcoin is leading to the bull run?It's a good question that maybe traders, enthusiastic and people ask in their minds. Well , I can see a possible strenghten of the Bitcoin, in any case if Bitcoin is goes to make a consolidation between the $10,000 USD and $12,000 USD, this could be a good signal to buy more Bitcoin and accumulate more Bitcoin between the medium-term and long-term.
Well, in weekly as in Daily timeframe, I speak here in my previously analysis that BItcoin is leave at the 0.618% of Fibonacci. Now, Bitcoin is still bullish for medium-term and also, we could see a possible started of bull run, and guys, it's so imprensidible to buy Bitcoin before to be late, becuase if you not re-accumulate Bitcoin while you make trading operations whether is on Forex, commodities, stocks or cryptocurrency, that options it;s a good idea to earn and accumulate Bitcoin or satoshis.
Also, I have the forecas taht maybe, in 273 days we could see a Bitcoin on the previously maximum so nearly of $20,000 USD on the end of 2017.
Also guys, to leading in the trend, I use the Finonacci trend as point exact to reacch target or all targets and while hte model of possible elliot wave!!!
Also, if you interesting another analyze, I have this analysis of the future of Bitcoin to look out:
Alert: Bitcoin is forming another chartist pattern; not bullish!Hello, in this analysis, Bitcoin is forming a descendent triangle, that is a bearish expectative.
So, guys, in summary, as we are into this kind of chartis pattern, the probability is that we are in fight of bears and bulls, well, as this week the Bitcoin movement was boring, but, I found out another chartist pattern that inmediately we need to see another perspective of the market. I reccomend to closed up your long position, becuase I believe that we may to see another crash taht Bitcoin want's to leading to the $9,000 USD zone's.
And guys, this is H4 timeframe and we see that we are on the elliot wave triangle cycle of ABCDE, and we finished the E to later see a crash inminent, also, if the S&P 500 crash, Bitcoin could to make follow hte S&P 500, that they both we need to check out and make the comparasion.
Ethereum has complete the ABCDE triangle (Elliot Wave Analyze)Well guys, in the moment, Ethereum has the same signal of what Bitcoin do, We are on this ascendent triangle, that mean a bullish pattern and reversal of the trend, magically if Bitcoin up, Etherum up too.
In H4 timeframe we could to appreciate a ascendent triangle in formation to later explode up!!!
S&P vs Russell 2000Hello traders and analysts,
Here is our take on the S&P 500 and the Russell 2000 Small Cap.
It is important here is to note; that the peak of the hull for SPX has hit our island zone where price has shown a full retracement in the V shaped recovery and extended a little to provide great returns for long investors and over offered market conditions.
The cycle to us looks complete.
Note: This zone now between 3600 - 3400 is a strong supply but has potential to retest 3700 for the full Fibonacci extension.
however the signs with the volatility index and yields are now showing signs of clusters of building a nice level of discounted levels.
Where as the SPX, NAS and world indices are seeing over exposed with a strong imbalance.
Now we let the price and market show us where opportunities present itself to look for shorts.
Enjoy.
Fore more sub text - read below;
Technicals:
1. Looking back to 2000, 2008 - the dotcom, financial banking crisis and now 'Covid' - we can see a nice megaphone pattern which has emerged looking back since February 2018.
We have completed the the downward impulse of the wave pattern 1-5, with all waves forming without breaking the structure.
we are now in the minor wave 2 structure. and next up is the 5 wave corrective structure and looking to complete wave on the trendline .
2. From an imbalance method, we have a good double top retest which is showing profit and greed taking helped on from the Fed and using Fibonacci extension - price can over shoot to create an upper supply zone .
Price has seen a bounce back to 'normal priced of demand' however this is not really how halted economies can return so fast. it is artificial.
Divergence - we did not use this but looking at the pattern, we have a huge distinguishing gap. However this keeps widening - whilst we do not look at the divergence indicator, it does show a good area for sells - and according to RSI - we are not there yet technically speaking 80 zone is a major sell.
3. Looking at the VIX - the dollar is weakening to a 90-91 lows - however the buying of this at the lows will produce huge rewards. Check out or Vix for long inverse
4. Looking at Russell and SPY has the gap to fill to $340.00 per share , is this sustainable growth which is being propped up - with earnings quarter now in play, we will see those numbers finally provide profit targets either severely missed or the few will beat earnings .
Fundamentals:
US election rallies before taking place at the end of the year with campaigning - enter volatility state
We have NFP numbers showing millions return to work.. but also high unemployment still looming.
Trade war with China, Hong Kong unfolding with US responding - constantly..
High figures in multiple states which are concerns for large communities- record numbers still being released
Fiscal intervention in July, August for stimulus.. constant printing money is not good for the economy.
US tech stocks have seen the highest returns and zero confirmation by Dow30 and S&P following suit. - will this last? no.. billionaires just adding wealth, SME businesses not receiving the correct funding at all..
Dow 30 is in a fragile state and desperate to keep pushing higher but limited upside will cause a steep decline - refer to Dow chart.. around 28,500 is a good point for a previous monthly high but it may fall over at 28000 tops. - this is now being challenged
Crippling 1trillion money printing exercise to be released to prop up false growth. enter sovereign debt crisis
Why follow us?
Updates on our pairs as and when we can.
Swing trade out looks
10 years combined experience in capital markets
simple breakdowns for beginners to advanced .
KISS - keep it simple stupid.
we trade purely from naked charts, less indicators - remove the noise. The reason for these charts is show the detail behind the thought process.
If you like our work, please leave a like or comment or even donate. To all our followers, we appreciate the follow and likes.
Thanks,
Team Lupa
Bitcoin entry in Re-accumulation's cycle marketIn the long-term, Bitcoin show a interesting cycle of re-accumulation to continue bought throught the 2020, and also we could to formed a consolidation between the $10,191 USD and $12,000 USD, that is a data that I could to show you and believe it.
But remember that technical analysis in micro-trend we could to experiment and know what Bitcoin do in short-term while the candlestick's studies and supply and demand zones.
Also guys, I invited you to look out my old technical analysis of the future of Bitcoin, it's so interesting to know the model that I prepared for you!!! And the Gold.
What Bitcoin do if could be a sell off in the macrotrend???In this overview, I will focus more in Bitcoin, because we could see for the next days a possible sell of Bitcoin price, so guys, in this timeframe in Daily we found out a shoulder head shoulder, that is a signal of change of trend and maybe we could be to prove lowe levels soon!!!
So, I will focus in mid-term with possible medium term of what Bitcoin could be to make.
I mark this key support line, because is more important and Daily see that we could not to break down, in case that Bitcoin is break down the trend line + Daily support at $10,400 USD, we could see a possible movement at the $9,000 USD. to retest that I see, the part up of the line simetric triangle, that could be the unique and latest confirmation of the starting the bull run.
Now, in weekly remember that we could see a possible accumulation on this zone that I mark, also in the latest 2 weeks ago, I mentioned a possible accumulation that today we could see it.
Stay alert because in minutes I will going to open up a position on Bitcoin because I see a interesting movement!!!
GOLD/BTC -99.18% CYCLE! Mr.FIBONACCI SUPPORTS BITCOIN BULLRUN!🚀Structure
CORRECTION WAVE: 1 year (13 Bars) ---> 13 = 7th FIBONACCI NUMBER
-99.18% WAVE: 3 years (34 Bars) ---> 34 = 9th FIBONACCI NUMBER
Next TVC:XAUBTC target = 0.0032 BTC
If #Gold pumped 2.5x to 5000$, #Bitcoin will be pumped 100x to 1562500$
Gold est. Market Cap = 25T$
Bitcoin est. Market Cap = 32T$
THIS is VERY RATIONAL since THE FED has been and will be VERY IRRATIONAL
P.S. This Cycle will be trash IF AND ONLY IF money printer go rrrrrrb
#MoneyPrinterGoBrrrr
#NewMonetarySystem
#NextReserveMoney
#PeopleMoney
#BitcoinForLiberty🗽
Visa double top and beyond or sell?Hello traders and analysts,
Here we have our first sharing of Visa (V) a stock we have held for a long time due to the constant growth and consistent dividend returns quarterly.
Technicals -
Purchased 2nd order batch during the break out of the monthly zone . - but the zone is a monthly zone so keep it technical this is important to show a good demand zone.
Weekly levels - identified as potential supply zones but the monthly double top formation kept showing a strong bullish momentum.
Weekly zones became new supplies in the swap zones.
Notice the imbalance candles which are present inside these zones.
Fundamentals:
warning of economic downturn with spending cuts to households - with millions relying on stimulus paychecks - credit is still a valid use of fund transfers of course and will always be, however the slowdown will become clear.
Price fared very strongly during the crisis of 2008, with a strong growth retained throughout the recessional period.
However, be aware of consolidation between 2011 - 2015 - slow sustainable growth but not many down periods to provide demands.
The recent 2018 - 2020 shows larger swings with multiple fundamentals in play.
Always look left.
The next option is to consider once in the supply zone all time high, what will price show us? A strong retest to produce and all time high or show a rejection upon the supply, we do not predict the future, but prepare for forward scenarios as price reacts.
Why follow us?
Updates on our pairs as and when we can.
Swing trade out looks
10 years combined experience in capital markets
simple breakdowns for beginners to advanced .
KISS - keep it simple stupid.
we trade purely from naked charts, less indicators - remove the noise.
If you like our work, please leave a like or comment. To all our followers, we appreciate the follow and likes.
Thanks,
Team Lupa
AUD JPY - waiting game for sellWe have seen a great impulse, correction and awaiting the next impulse to the downside
We have our alerts set. Need to wait for the next retest of the supply and then await the downward move.
The trade is between 0.618 and 0.705 level.
monitoring closely.
Aud is strong but JPY is a strong safe haven, where institutions look to be moving towards. Now we wait for the entry as the market turns towards the bears.
COT Report: shows 65% Bullish Yen 35, 65% AUD note .
Thanks,
Lupa
Are We At the TOP?!What are we in for?
Could this be the top of the market right now?
End of a market Cycle?
Maybe, seeing as the early warning signs are here. With similar structure to the previous cycle, at the top of a rising wedge/channel and the sell volume increasing... The signs do not look promising for continuation for sustained uptrend. The Market is always right, breaking the high and using as support on the weekly/monthly will prove this wrong no doubt.
THE Cryptocurrency HyperwaveRSI right now corresponds exactly with that of Feb 2016, just before the 16 halving.
Cryptocurrencies will signify the next DOTCOM boom x70.
Everything is possible, nothing is impossible.
In a few years, people will come back to see this chart and gasp.
Although I wish to see the future, I simply cannot.
This chart is a mirror of what the next few years will look like.
A complete paradigm shift. People sold their houses and cars in 2017 to buy Bitcoin.
People will be selling their bodies to get into the next cryptocurrency hyperwave.
Human greed will be on display like never before.
Do not forget, it will all come crashing and burning at some point.
Just it has always done. Just as it always will. This is how cycles work.
Spce is going for a crash landing?Our last TA on SPCE was pretty acurate we got a bounce just above our target with just .20cents off. I'm always a follower of trading range lines or highs lows in predicting pull backs. As of now at closing we are at $26.50 with the low of $25.71, which is marketed on this graph since aftermarket price movement isn't shown due to low volume, yet we all know SPCE has bubblish volume. As of now we can hold off on SPCE until we get bullish movement, but what caused this drop?
1. SPCE was in a microbubble with Bullshit expectations.
2. The EPS was off by a Shit load and anyone could have seen this coming, besides the people getting behind the hype.
3. Corona ingeneral has had affect on the market after it spread to Europe and recently theres a case in California.
What's next for SPCE? well its the market bubble graph and as of now we could say we are in Anxiety since the bounce was Complacency. We could honestly see a sub $10 SPCE with we knowing SPCE won't beable to make any money even raising the price will just hurt the company itself. They need development like SpaceX with inovation on its Rockets. SpaceX has reuseable rockets.
Next target is our trading range of $19.06-$24.25. You can see past TA which hasn't change
Bitcoin is making Wave 5 and will peek by end of 2021Hello Traders!
I've seen many interpretations of current Bitcoin cycle in the framework of Elliott Wave theory, and they are all different. So let me present my view as well.
First cycle:
Wave 1 of the Grand Supercycle (Violet line) was the first rally which lasted 3 years (2011-2014), on the chart you can see it comprising 5 waves. Wave 2 was a year-long retracement when bitcoin lost 85% of its price.
Second cycle:
Wave 3 of the Grand Supercycle also lasted 3 years (2015-2018) and famously peaked at $20K in December 2017. Then it retraced 85% during a single year.
Third cycle:
Wave 5 of the Grand Supercycle will last approximately 3 years (2019-2022). Right now we are in making of wave 3 (blue line) of the Grand Wave 5 (Violet line), which will peek during Sep'21-Jan'22.
In 2022, Bitcoin will probably enter ABC correction of the Grand Supercycle, but it's too early to talk about it. Let's see how the market will unfold.
Credit to BillCharison and MagicPoopCannon for valuable guide on Elliott Wave theory. Check out the related ideas.
If you like this idea, click that Like button!
Enjoy your time
Bitcoin Market CycleHi!
I could never see anybody posting the "real" Market Cycle on #bitcoin .
Always it was either wrong or just made no sense.
But now I think this really looks like this might be the text-book Market Cycle
example as it is being taught in economics.
Follow for more charts like this one! : )
Good Luck Trading!