Exchange
12/26/23 Aussie DollarAussie Dollar is at a level I see as potential reversal. There is a 4h fib in place and price is currently sitting around the -27.
Price has also been rejecting the price of 0.682. The second rejection of the price a bearish engulfing was formed. There is also divergence with price. Price is making higher highs, while the RSI is making lower highs.
I am looking for a correction followed by a continuation selling down to 0.678.
Sunday Dec. 3 AUDUSD AnalysisKeeping everything short Aussie Dollar is at two levels of resistance on minor structure. On major structure price is at a level of resistance, The Red Monthly TL. I am watching two levels above and below price. The above level is the High made on Wednesday. The below level is an 1H Imbalance. I have alerts on these two areas with a break above/below followed by a retest of that zone/price that would give me more of a clearer indication of where price would like to go.
BTR - Detailed Top Down Analysis 📹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for #BTR.
Which scenario do you think is more likely to happen? and Why?
📚Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Aussie Dollar 11.28.23OANDA:AUDUSD
The overall trend for Aussie Dollar has been bullish. There has yet to be a break in structure to tell us the Aussie Dollar is going to begin to sell.
However with Price making its way to the Red Weekly downtrend, I am expecting for price to begin to show some kind of selling momentum.
As I said above there has yet been a break or change in structure. With that being said I am still looking for price to sell from this area.
I am keeping in mind this is a significant price point and with all of the buying momentum we had, Aussie Dollar could consolidate at this price point for a moment before a selling.
The Bar Pattern is a visual of what I would like to see price do: Make a lower high, break below the black up trendline (a test of this line is another confluence) and begin to trade to the green 4h trendline.
Aussie Dollar 11.27.23OANDA:AUDUSD
Via my analysis Aussie Dollar is still having buying momentum. At the time of this publishing AU has reached into a resistance zone. A slight pullback to the Green 4h trendline is what i am anticipating. With the Green 4h trendline being great support, I see price continuing to buy and make higher highs.
A break below the Green 4h trendline can indicate a sign of a shift of structure.
Aussie Dollar 11.25.23OANDA:AUDUSD
The previous week of Aussie Dollar was Bullish:
1. Aussie bought on Sunday, closed above the previous high.
2. Retested the previous high and began to buy higher.
3. Monday closing and Tuesday opening made a higher high.
4. Aussie began to make a series of lower lows and lower highs.
5. Wednesday completed the correction and with a few confluence began to buy again.
6. Thursday price broke above the highs from the correction and began to move sideway.
7. Friday price bought and closed at the high of the week.
This weeks:
Price is still bullish via my analysis. There is a green uptrend line price has been buying from. I am looking for price to come to this green trendline and began to make a higher high. Something similar to the Bar Pattern.
Aussie Dollar to close the week lowerOANDA:AUDUSD
This upcoming week of Aussie Dollar, via my analysis, price will continue the trend and trade lower. Current price is in a consolidation right after great selling momentum. Two thing happen from here and its simple: Price trades above or Price trades below.
Via my analysis, price could trade above the consolidation and come back to reject the downtrend line. If price continues to buy and trades higher than the downward trendline, there is a light trendline above it. This trendline has been rejected, broken, and could possibly be retested for the selling momentum.
On the contrary, if price begin to sell below the consolidation this is the continuation of trend.
#AUDUSD #USD
BTR - Stronger Than Ever 💪Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📊 As per my last analysis, attached on the chart, BTR broke above the red channel and 0.0385 resistance and traded higher to reach our target.
Now What?
📈 BTR is sitting around the last weekly major high highlighted in orange.
For the bulls to remain in control, and take over from a long-term perspective, we need a break above 0.062. In this case, a movement till the 0.1 round number would be expected.
📉 Meanwhile , BTR can still reject the orange high and trade lower to test the 0.05 round number where we will be looking for new short-term buy setups.
📚 Always remember to follow your trading plan regarding entry, risk management, and trade management.
Good luck!
And always remember: All strategies are good if managed properly!
~Rich
BTR - Still Strong 💪Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📊 As per my last analysis, attached on the chart, BTR rejected 0.0255 support and traded higher.
Now BTR is sitting around the upper bound of the red channel.
📈 For the bulls to remain in control, we need a break above the upper red trendline and last major high in blue at 0.0385
📉 Meanwhile, BTR can still trade lower to test the 0.0255 support again where we will be looking for new short-term buy setups.
📚 Always remember to follow your trading plan regarding entry, risk management, and trade management.
Good luck!
And always remember: All strategies are good if managed properly!
~Rich
The Evolution Of Money: From Barter-System To Cryptocurrency!Hello,
Welcome to this analysis about The Evolution Of Money. Till today money had a protracted history reaching back to times where there even did not exist electricity or industry like we now it these days. Since these beginnings money constantly reshaped and emerged new forms of money that theoretically can be applied still today however it is also a fact that it is important in which form the money circulates bringing innovation and prosperity to the civilization as there are money forms although logical from its form however contra-productive for the further developments.
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The Barter System (High Phase 98000 BC - 900 BC):
It is clear that in times where people did not have the ability to keep a sufficient store-of-value they had to adapt to circumstances and exchange what they had in order to receive things they need for everyday living, this form of money is called the "Barter-System". This system principally defines the exchange of goods and services against other goods and services. It was a typical hunter-gatherer-form of exchange between the individual occupations. For example, a fisherman had a lot of fish however no grain to exchange for and on the other side there was a farmer which had a lot of grain, however, no fish to eat, so these two come to an agreement to exchange the fish against the grain in order to fulfill both sides needs.
This system had a lot of substantial problems as it was not possible to store any value with the goods and services, besides it only functioned when the other side also searched for the offered product therefore there needed to be a double coincidence of wants otherwise an exchange was not fulfilled by both sides agreements. Besides that there was the issue with the indivisibility of goods, for example, one had one goat and needed one pot therefore it was only possible to exchange one goat against 10 pots and now the goat holder was stuck because he could not share the goat into 10 pieces to received his one pot as needed. Overall it was a complicated exchange system that definitely could have been improved.
Commodity Money (High Phase 6000 BC - 500 AD):
Since it was not possible to store values with the Barter-System as there were also many goods that fouled by the times this could also be improved by the right commodities that do not foul. In ancient Rome, the Romans moved on to keep salt as a store of value and exchange for goods and services. Salt is easily divisible, it can be stored for a long period of time and it was expensive and labor-intensive to produce therefore limited in quality, besides that it was widely consumed by everybody. Additionally to salt, many other forms of this commodity money emerged such as Cattle, Tobacco, Rice, Sugar, or Tea. All commodities which can be stored over a long period and exchange properly.
Together with these new gained advancements, it was a step in the right direction nevertheless there remained significant negative aspects in the commodity money these are various things such as some forms of cattle are very difficult to store because they need to be fed constantly and can not obtain a passive store, other forms like cowry shells are fragile and need to be transported carefully. Besides these storing problems, it was always difficult to transport over long routes as the commodities can take up so much room that it was simply so unpracticable to transport them over long distances. Also, there existed not universal acceptability so the two exchange partners needed to agree on the exchange of these commodities to come up with a deal.
Metal Money (600 BC till today)
Metal money was a true revolution in the money evolution and the story speaks for itself as it is still today widely accepted and a sufficient store of value with gold and silver holding its values. Against the commodity money, it was stable and had an inherent value as it is rare in nature as well as its supply is limited, the perfect characteristics for a natural store of value and also exchange value. As metals were already used for armors and tools and had already the value within these products this kept advancing with the first coins to be pressed in ancient Greece 600 BC after which the metallic money kept advancing into more sophisticated forms such as the IOUs and also tender coinage bringing a practicable way to pay for goods and services.
The Metallic Money shaped into different forms like the IOUs where Goldsmiths backed the gold and gave people a trust which they can exchange in order to receive goods and services, so the people came to the goldsmith and bought basically gold for which they received the document to pay with. The only problem with this system was that the Goldsmiths created fake IOUs and kept spending them. Besides this form, there was the legal coinage in Rome for example with gold coins issued by the empire however the problem, in this case, was that it got debased over time as the people mixed more cheap metal like copper with the gold coins to get a higher supply, today it wont function so easily as it can be proved nevertheless in this time it marked a serious issue.
Paper Money (1690 till today):
The emerging paper money in fact marked a true change in the whole money system as now it was not possible to issue by everybody, now it was issued by a central authority whereas these authorities firstly existed private also the mission came more and more into central bank area. The first printed money was created in 1690 in the form of a bill of credit to serve as a promissory note by the government on its own credit, these bill of credits were unsecured paper money and at this time in the 17th to 18th century, it was still possible to have private money with private companies creating own bills with the individual exchange qualities to get into the circulation.
Till today many currencies have established holding the money as it is issued by certain central banks such as the US-Dollar by the Federal-Reserve-System or the EURO by the European-Central-Bank. The problem here is that this money is printed by will and the central banks have the ability to just print more when the time is needed to do so like it was seen in the corona crisis where the money sum moved exponentially to new heights. Although Paper Money is still omnipresent and used as a store of value as well as exchange value to there are important faults that need to be improved to keep a healthy economic balance and obtain continued stable money.
Plastic Money (1946 till today):
In the 20Th Century, the printed central bank money moved now into the account money especially backed by the payment providers in the individual credit or debit cards. The first bank-issued cards originated in 1946 as a Brooklyn banker created the charge-it card, these were forwarded to the bank account and then the service or good was released. In post-war times further cards followed and till now there established credit-card providers which issue credit or debit cards also with giving their own credits to people that can be paid back.
Cryptocurrency (2008 till today):
This is the very last money form and the most innovative so far, like Bitcoins, like they invented, are limited in supply and can only be created through the mining process and proof of work they provide a sustainable interface within the blockchain which transactions are scalable and easy to use for peer-to-peer-transactions. It is not a wonder that the cryptocurrency market since the beginnings expanded more and more and several other projects emerged, there are still many projects given however the market will likely sort the not innovative ones out. Cryptocurrency marks the point in the history of money evolution where money advanced significantly from its initial barter exchange system to cryptocurrency. This is a major step and as for now, central banks are looking also into cryptocurrency and blockchain technology to implement their own central-bank-digital-currencies. There are really not many contra-aspects like in the previously stated money forms as cryptocurrency improved all the issues that previously came up and also innovated increasingly above these.
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In this manner, this was my analysis about the evolution of money which is important as the money keeps on shaping as we see it especially in these times with cryptocurrency, it is also not unlikely that these technologies will improve further, and there comes something new that is more applicable and innovative however till now cryptocurrency serves as the highest quality money forms when comparing to the other money forms. Especially it is the case that all money forms still coexist today however mainly not applicable.
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In this manner, thank you everybody for watching, support the idea with a like and follow or comment, have a good day, and all the best to you!
Information provided is only educational and should not be used to take action in the markets.
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BTR - Top Down Analysis 📹 Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for #BTR.
Which scenario do you think is more likely to happen? and Why?
📚Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
BTR - Strong Again 💪Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
on Weekly: Left Chart
BTR has been trading within a wide range, and it is currently consolidating near a robust support zone. Consequently, we will be searching for buying opportunities on lower timeframes.
on H4: Right Chart
BTR is forming a potential inverse head and shoulders pattern but it is not ready to go yet.
For the bulls to take over, we need a momentum candle close above the gray neckline.
In this case, we will expect a shift in momentum from bearish to bullish.
Meanwhile, until the buy is activated, BTR would be overall bearish and can still trade lower inside the support.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BGB - Standing Strong 💪Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📊 Despite many altcoins experiencing lower lows over the past couple of months, BGB has demonstrated resilience by maintaining support above 0.4.
📉 As BGB nears the lower boundary of the red channel, coinciding with the 0.4 support level, we will be on the lookout for short-term buying opportunities .
📈 To regain medium-term bullish momentum, it is essential for BGB to breach the channel's upper boundary and surpass the previous significant high marked in red, which is approximately at 0.45.
Which of these scenarios is more likely to occur first, and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
WRX quick tradeHello again!
So, besides the longer charts, let's see what Fractalic one can bring to us.
Few days ago I've seen BINANCE:OGUSDT forming the exact same pattern as it has shown in April, now with BINANCE:WRXUSDT i see the same formation either from July (better scenario) or June (meh but still ok).
If we're at June's formation:
- Quick buy at 0.102-0.103
- Sell at 0.112
Profit: 9%
If we're at July's one:
- Enter at 0.098-0.1
- Sell partly at 0.112 / 0.12 / 0.132
Overall profit: 17% - 32%
Don't forget to use Stop Loss, however with CRYPTO:WRXUSD we're very close to the bottomish bottom of the bottom. This coin has served as a lifechanger for some giving a ridiculous 10500% in 2021. Dumped hardest 98,85%, accordingly. And still is always performing pump/dump scenarios here and there even being this low.
So, let's see what will it bring to us in a longer term, too. Giving a shot that it's mostly Indian market and I believe India to hop on its exponential growth very soon, we can make that lifechanger candle great again.
Potential Buy / set Take Profit in the sky / and Forget if we'll ever go to 0.08 or if we will surpass this long support line and move further to 0.05-ish.
How to avoid the loss of funds in the transaction?Regardless of experience, every trader needs a plan. The key factors that can help the transaction become safer, they are the necessary strategic minimum requirements to ensure stable income and avoid unpredictable losses.
Why Do Traders Fail?
Let's take a look at the top reasons why traders lose money:
Trading is a complex process. Trading strategies require discipline and precision. Even with the best ideas, some traders can forget to act systematically.
Traders can be reckless. They give up doing market analysis, don't bother with stop loss orders, and forget about the rules of risk management. These all lead to mistakes and bad deals.
So how to avoid the loss of funds in the transaction?
1 Don't build positions with huge volume
If you are unsure of market movements, focus on at most one or two trades in a session. In the case of a small order volume, it is more controllable to track and find out various opportunities.
Please note that some factors, such as slippage (the difference between the expected price of the order and the actual execution price of the order), are unsolvable and cannot be considered in advance before the transaction is opened).
2Using Stop Loss and Take Profit
To reduce the risk of losing your money, you can use a stop loss order. They protect you from losing more money than you can afford. As for take profit, the principle is similar -- it will automatically close the order when the price target is reached, thereby locking in the profit. Therefore, taking profit will help you get out of the market immediately when the market price is right, so as to maximize your profits.
3Use reasonable leverage
By setting a wider and reasonable stop loss, smaller leverage will allow each trade to have more breathing room, thereby avoiding higher capital losses. High leverage will blow up your trading account faster when the market trend goes against your expectations, because a larger lot size will make you face higher losses.
4. Pay attention to important news
The market can change its trend at any time due to news or even rumors. Staying informed is key. All traders need to follow up all kinds of news throughout the trading hours. Let's say you realize that a news release will affect the direction of your position, but you're not sure which direction it will be. In such cases, you should provide maximum protection for the position you open (set stop loss, take profit, and in extreme cases, close the position before the release of the expected news).
5 Don’t Trade During Low Liquidity Hours
You need to be aware that illiquid trading instruments tend to have wider bid-ask spreads, higher volatility and, thus, higher risk for the trader. Therefore, trading in a cycle with little liquidity will face the possibility of high capital losses.
6 View multiple metrics
It is best to make your long/short decision based on several technical indicators. Indicators and other tools in technical analysis need to corroborate each other. Combine two or three different types of indicators. Your trading strategy can also rely on candlestick and trend chart patterns, as well as the use of golden section tools. In this way, the system will provide you with signals with a high probability of success. If you use such a strategy, combined with a stop loss and the correct risk/reward ratio, then you can avoid losing money in your trades.
7 Control Your Emotions
The most successful trading comes from confidence and calm. Your fear of losing money, or your desire to make money with your trading instruments in the precarious state of big news, can get in the way. Make sure you keep your emotions in check and use tools like stop loss and take profit orders to make objective trading decisions.
If it helps you, please like and follow.
USOIL:I think it will fall first and then rise
Dear trader, I think crude oil will fall first and then rise, what do you think?
Crude oil has been in a fluctuating upward trend recently, and it is possible to end the wide fluctuations that lasted for more than two months. The main trend is still low bullish mentality trading
At present, you can go short first, and then go long
The specific strategy is: buy short around 75, tp73.5-74
After going flat, buy long positions near 73.5, TP75-76
If you agree with my point of view, welcome to follow
TVC:USOIL BLACKBULL:USOIL.F FX:USOILSPOT
#NEXO/BTC 2D (#Binance) Broadening wedge breakout and retestNexo is pulling back to previous support where we expect it to bounce towards 100EMA resistance.
⚡️⚡️ #NEXO/BTC ⚡️⚡️
Exchanges: Binance
Signal Type: Regular (Long)
Amount: 8.4%
Current Price:
0.00002340
Entry Targets:
1) 0.00002262
Take-Profit Targets:
1) 0.00002798
Stop Targets:
1) 0.00001994
Published By: @Zblaba
$NEXO #NEXOBTC #Nexo #CEx #Payment
Risk/Reward= 1:2
Expected Profit= +23.7%
Possible Loss= -11.8%
Estimated Gaintime= 2 months
nexo.com
selby_exchange - BTCUSD - $36290 Price/Time Forecast (8h)Selby Price/Time Forecast for BTCUSD Bitcoin
Timeframe: 8 Hour interval
June 2023 - July 2023
Exchange: COINBASE USD Pairing
Forecast: $36290 (July 3rd 2023)
Custom ratio extension levels
Lunar Cycles
Fibline Glance Moving Average (squeeze)
Selby finding creative patterns in charts on Tradingview
Not advice for investing, but I am one to watch
Rebellion=Change=Future
selby_exchange - BTCUSD Selby Geometric Extrapolation v18.1 (4D)Selby Geometric Extrapolation Structure for BTCUSD Bitcoin
Version: 18.1
Timeframe: 4DAY interval
March 2020 - October 2025
Exchange: PHEMEX Perpetual Futures Contract
Forecast: $142885 - $166677 (Feb 2024 thru Sept 2025)
With 'standard' fibonacci extension levels for multiple new (ATH's) all time highs
Selby finding creative patterns in charts on Tradingview
Not advice for investing, but I am one to watch
Rebellion=Change=Future
WBT - Bulls Took Over Long-Term ↗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
on DAILY: Left Chart
📉 As per my last analysis (attached on the chart), after rejecting the demand zone, the bulls took over long-term by breaking above the last major high in orange.
on H4: Right Chart
We are currently in a correction phase.
🏹 Trigger => for the bulls to take over short-term again, for the next bullish impulse to start, we need a momentum candle close above the last major high in gray.
Meanwhile, until the buy is activated, WBT can still trade lower till around 4.3 demand zone where we will be looking for buy setups.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich