selby_exchange - BTCUSD - 4Hour - Selby Bitcoin Fibonacci TestSelby Bitcoin Fibonacci Test for BTCUSD Bitcoin
BTCUSD - Spot Price - 4Hour - COINBASE- Heikin Ashi
January 2023
"Fib Test"
Custom Fibonacci Retracement Levels
Support of 1.333 or Above is Long Entry
Rejection of 1.111 or Below is Short Entry
Bull Market Continuation is Support of 3.666
Selby finding creative patterns in charts on Tradingview
Not advice for investing, but I am one to watch
Rebellion=Change=Future
Exchange
Bitget - Wait For The Bulls! 📈Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
While many altcoins made lower lows the past couple of months, BGB stood strong above support.
on DAILY: Left Chart
BGB is stuck inside a range in the shape of a symmetrical triangle highlighted in red.
📈For the bulls to take over medium-term, we need a break above the upper red trendline, and then above the green resistance 0.225 for the bulls to take over from a long-term perspective.
Meanwhile, as we approach the lower red trendline and blue support, we will be looking for short-term buy setups.
on H1: Right Chart
BGB is bearish short-term trading inside the orange channel.
📈 🏹Trigger => for the bulls to take over, we need a break above the orange trendline and last major high in gray.
Meanwhile, until the buy is activated, BGB can still trade lower till the blue support and form a new major high before the bulls take over.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
WBT - Wait For The Bulls! ↗️Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on DAILY: Left Chart
WBT is sitting inside a strong demand zone so we will be looking for buy setups on lower timeframes.
on H4: Right Chart
WBT is forming a double bottom but it is not ready to go yet.
🏹Trigger => for the bulls to take over, we need a momentum candle close below the gray neckline. Then a movement till around the 5.0 resistance would be expected.
Meanwhile, until the buy is activated, WBT can still trade lower till the 3.0 - 4.0 zone.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Str
Bitget - Standing Strong 👌Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
While many altcoins made lower lows the past couple of months, BGB stood strong above support.
BGB is stuck inside a range in the shape of a symmetrical triangle highlighted in red.
For the bulls to take over medium-term , we need a break above the upper red trendline, and then above the green resistance 0.225 for the bulls to take over from a long-term perspective.
In parallel, for the bears to take over, we need a break below the blue support 0.17, in this case a movement till the next support would be expected.
Meanwhile, inside the symmetrical triangle range, we will be looking for short-term buy and sell setups respectively around the lower bound and upper bound.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
WBT - Inside A Demand Zone! ↗️Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on DAILY: Left Chart
WBT is sitting inside a strong demand zone so we will be looking for buy setups on lower timeframes.
on H4: Right Chart
WBT is forming a double bottom but it is not ready to go yet.
🏹 Trigger => for the bulls to take over, we need a momentum candle close below the gray neckline.
Meanwhile, until the buy is activated, WBT can still trade lower till the 3.0 - 4.0 zone.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Shares of Coinbase underperform vs. cryptocurrency marketSince our previous article on Coinbase, the price of shares has drifted to new lows before staging a rebound. Currently, the price hovers around 35.6$, which is down more than 91% from its all-time high value in 2021. With many structural problems in the cryptocurrency market, we doubt the stock will reverse the primary downtrend anytime soon. Thus, after the relief ceases, we expect Coinbase to retest its recent lows.
Illustration 1.01
Illustration 1.01 shows an astounding decline of more than 90% in the value of Coinbase stock from its all-time-high value in 2021.
Technical analysis
Daily time frame = Bearish
Weekly time frame = Bearish
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
selby_exchange - BTCUSD Selby Geometric Extrapolation v18.0 (1W)Selby Geometric Extrapolation Structure for BTCUSD Bitcoin
Version: 18.0
Timeframe: 1WEEK interval
March 2020 - October 2025
Exchange: PHEMEX Perpetual Futures Contract
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
1INCH Price PredictionGrayscale expressed concerns over the potential impact on the Ethereum Merge, especially on tokens that run natively on Ethereum:
The Merge may lead to a fork that might have unexpected and unfavorable outcomes and a scenario where stablecoins and tokens locked in smart contracts might not be redeemable.
Token and stablecoin holders might panic and start liquidating their holdings.
In this context, price target for 1INCH is $0.52.
Looking forward to read your opinion about it.
KCS - Wait For The Bulls!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
KCS is overall bearish trading inside our brown wedge pattern and it is currently approaching the lower brown trendline.
Moreover, KCS is still sitting around a strong support zone and round number 5.0 so we will be looking for buy setups on lower timeframes.
As per my trading style:
I will be looking for reversal setups (like a double bottom pattern, trendline break , and so on...)
Unless the 5.0 support is broken, then a movement till the 2.5 support would be expected where we will be looking for new buy setups.
For now, for the bulls to take over, we need a break above the last major high in gray.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
WBT - Approaching A Strong Demand!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on DAILY: Left Chart
WBT is approaching a strong demand zone so we will be looking for buy setups.
on H1: Right Chart
WBT is forming a channel in red but it is not ready to go yet.
Trigger => for the bulls to take over, we need a new major swing high to form and then a break above it and above the upper red trendline.
Meanwhile, until the buy is activated, WBT can still trade lower till the daily demand zone where we will be looking for new buy setups.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
KCS - Strong Support!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
KCS is overall bearish trading inside our brown wedge pattern and it is currently approaching the lower brown trendline.
Moreover, KCS is sitting around a strong support zone and round number 5.0 so we will be looking for buy setups on lower timeframes.
As per my trading style:
I will be looking for reversal setups (like a double bottom pattern, trendline break , and so on...)
Unless the 5.0 support is broken, then a movement till the 2.5 support would be expected where we will be looking for new buy setups.
For now, for the bulls to take over , we need a break above the last major high in gray.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
KCS - Long-Term and Short-Term Scenarios!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
KCS is overall bearish trading inside our brown wedge pattern and it is currently approaching the lower brown trendline.
Moreover, KCS is sitting around a strong support zone and round number 5.0 so we will be looking for buy setups on lower timeframes.
As per my trading style:
I will be looking for reversal setups (like a double bottom pattern, trendline break , and so on...)
Unless the 5.0 support is broken, then a movement till the 2.5 support would be expected where we will be looking for new buy setups.
For now, for the bulls to take over, we need a break above the last major high in gray.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
RLinda ! BTCUSD-> Bullish signals. Deception or reality? Bitcoin is up 8.3% from a two-year low. Bullish pattern, head and shoulders, pre-breakdown consolidation. What to expect in the future? Let's find out!
At the same time, on the weekly chart the RSI forms a divergence, which may signal a preliminary long-term bullish signal.
Stochastic on the monthly chart is at the bottom and crossing lines are forming. Similar situations occurred in 2015 and 2019.
Monthly chart, Stochastic is on its bottom, at the same time stochastic moving lines are forming a crossover
Price is updating its two-year lows and heading towards 13880
Visualization based on logarithmic data
The global support line runs along the lows of the wedges.
There are 3 full cycles on the chart, which include: a bearish wedge - a bullish set-up, which the data shows is working great.
The last two full cycles form a pullback of about 85%, after which the wedge reaches the bottom, price reverses and exits the wedge up
The very first cycle formed a pullback on the logarithmic data of about 82%.
It is worth making an assumption. Based on the data of the three extreme cycles: we can assume that the price may fall to the approximate mark of $10000, after which bitcoin may go into a consolidation phase, which will outline the bottom
The current drop is inferior in percentage terms to the 2017-2018, 2013-2015, 2010 corrections.
December bitcoin futures are now in backwardation, which is fairly atypical of the bitcoin market and indicates strong global selling in the moment.
The same situation where the contracts were in backwardation coincides with the futures being at the bottom. This was repeated in March 2020 and May 2021
The key level for a decline:
1) If price tests 17605 resistance and fails to go long, but consolidates below the level, but bitcoin will continue to be pressured down
2) Also 15585 is a global low. A retest of this support level will trigger a further drop towards 10000
Key level for growth:
1) Lower boundary of the previous range (in this case, resistance) 17605
If the price breaks through this level from below and the bulls manage to consolidate their positions, the price can go towards 25,000
On the hourly chart the price forms a reversal pattern Head and shoulders.
The zone 16400, which plays the dividing zone, is broken from the bottom up. The price continues to rise and forms a pattern, which signals a possible continuation of the movement - a symmetrical triangle.
If the triangle resistance is broken up, I expect a rise:
1) The first target - resistance 17065
2) The second target - resistance 17469 .
3) Third target - liquidity zone 18150
Breakdown of the triangle's lower boundary will take the price towards 16000
Regards to R. Linda!
WBT - Potential Bullish Reversal!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on DAILY: Left Chart
WBT is approaching a strong demand zone so we will be looking for buy setups.
on H1: Right Chart
WBT is forming a double bottom but it is not ready to go yet.
Trigger => for the bulls to take over, we need a momentum candle close below the gray neckline.
Meanwhile, until the buy is activated, WBT can still trade lower till the daily demand zone where we will be looking for new buy setups.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
KCS - Long-Term View! 🏠Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
KCS is overall bearish trading inside our brown wedge pattern and it is currently approaching the lower brown trendline.
Moreover, KCS is sitting around a strong support zone and round number 5.0 so we will be looking for buy setups on lower timeframes.
As per my trading style:
I will be looking for reversal setups (like a double bottom pattern, trendline break , and so on...)
Unless the 5.0 support is broken, then a movement till the 2.5 support would be expected where we will be looking for new buy setups.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
RLinda ! EURUSD-> Trend change or correction? EURUSD in early November is trying to change the global downtrend. A number of positive fundamental factors contributed to this maneuver. The price confirms the change of the trend and at some point breaks through the resistance of the uptrend channel, indicating to us a more accelerated recovery. But a false break-down of the resistance at 1.02692 is formed.
In the chart, we see a break-down of the base support at 1.02692, which was also the base for the H&S pattern. Ahead is the level of 0.618, from which a pullback might follow, and if the price makes a false-break of the upper boundary of the channel, there is a chance to see the continuation of strengthening of the euro.
But in case of breakdown of the key area and consolidation of the price under the channel resistance, the price may fall to support 0.9926.
Regards R. Linda!
RLinda ! USDJPY-> Symmetrical triangle. Keep falling? USDJPY is forming a technical pullback. The Japanese Yen is strengthening on fundamentals. The price is falling 9.4% from its high of 151.940 to 137.650.
(Chart 1. Daily chart. Technical analysis)
Global chart:
A support level of 138.460 is formed, the level is tested by a false breakdown, but without a pullback. A consolidation with locally lowering daily highs is formed.
The currency pair finds for itself resistance from the daily MA-50 and seeks support MA-200 (daily)
Daily RSI comes out of the oversold area and shows a bullish signal
Daily MACD is in a bearish zone and is gaining ground
On the hourly chart there is no pullback after the strong drop. The price is consolidating at 139.388, but at the same time a symmetrical triangle is forming, which plays the role of a trend continuation pattern. I expect breakdown of the triangle support and the price fall to the liquidity zone 135.80
Regards R. Linda!
KCS - Potential Bullish Reversal!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
KCS is stuck inside a range, around support and round number 10.0
For the bulls to take over, we need a break above the gray neckline. In this case, a movement till 15.0 would be expected.
Meanwhile, if the bears manage to push below 9.0, then we will be expecting further movement downward.
Which scenario do you think is more probable and why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Bites Of Trading Knowledge For New TOP Traders #17 (short read)Bites Of Trading Knowledge For New TOP Traders #17
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What is a custodian? -
A custodian is a financial institution that holds customers' assets or securities for safekeeping to prevent them from being stolen or lost. The custodian may hold equities, bonds, derivatives, or other assets in electronic or physical form on behalf of its customers. Custodians could offer related financial services such as account management and reporting, transaction settlement, and compliance related to anti-money laundering and tax regulations.
What is an exchange? -
An exchange is a venue where buyers and sellers trade equities, bonds, derivatives, and other tradable assets. Exchanges are often regulated by financial regulators and provide liquidity, which give market participants the ability to buy and sell assets at a fair market value.
What is a financial regulator? -
Governments have various agencies in place given the responsibility to regulate and oversee financial markets and companies participating in the financial system. These agencies each have a specific range of duties and responsibilities that enable them to act independently of each other while they work to accomplish similar objectives. For example, in the United States, the Securities and Exchange Commission (SEC) has oversight of the securities industry (stocks and shares), whereas the Commodity Futures Trading Commission (CFTC) regulates and oversees derivative markets (futures, swaps, and options).
RISKS AND OPPORTUNITIES FOR CORPORATES AND INDIVIDUAL INVESTORS -
Common application of financial market instruments for managing risk and opportunities.
Position and Risk Management
Risk management is the responsibility of market participants designed to limit risk exposures that specifically applies to the participants financial profile in the market.
The financial profile of a participant may include their role in the financial market or the amount of capital under their responsibility to be managed in the market, and therefore the risk variables that each would need to identify may be unique.
For both corporate and individual investors, the market to trade would be a key variable to clearly state and support with reasons for trading or investing. Reasons for selecting one market over another could include price volatility, liquidity, daily volume traded, size of the minimum price increment, and value of the minimum price increment. Comparing these variables between markets will help decide the suitability and/or risk of each.
For example, if Mini-Brent Crude Oil futures (BM) moves around $2.00 per day (or 2 points) and a point is worth $100, a trader might experience a $200 fluctuation in their account balance for one day. Another example is the U.S Dollar / Singapore Dollar (USDSGD), which could move 70 pips or more per day and trading a standard lot size with each pip worth $10, a $700 fluctuation could be expected for one day.
Market participants may also manage their risk through the size of their positions. The larger their position size, the greater is their exposure and the smaller their position size their exposure is lower. Investors should determine the risk that would result from various position sizes and select the size that ensures that their risk limit is not exceeded. Finally, setting stops with a specified loss amount provides protection if the market does not move in the desired direction. It helps to prevent creating a loss scenario which is larger than an account can handle.
TRADDICTIV · Research Team
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Disclaimer:
We do not provide investment advice, nor provide any personalized investment recommendations and/or advice in making a decision to trade. Before you start trading, please make sure you have considered your entire financial situation, including financial commitments and you understand that trading is highly speculative and that you could sustain significant losses.