BTC Dominance to 60%I'm seeing BTC.D break to the upside, consolidate, repeat. I'm following this until it reaches 60% dominance, then altcoins become worth the risk.
Seasonality
USDJPY longprice have shown a huge drop on friday before market close, market opened and saw this trade after TOKYO sesh open, price made a nice FVG zone on 15min TF and thats a great enter for long to fill out the imbalance im expecting the price to fly this monday, if you dont like limits you can wait for a great confirmation on a lower TF like 5min or 1min chart
Bitcoin oversold by RSI 👀Are we now headed for correction or continued growth?
In the moments between the bottom and the halving, this period also often coincides with the accumulating phase, where CRYPTOCAP:BTC enters the oversold rsi, which is accompanied by a local peak or midcycle peak as in 2019.
💡From the point of view of RSI, our situation is more similar to the period before the halving in 2016. Also, at this moment, the price breaks through the baseline on the Kaltner channel and for some time consolidates above it.
Closer to the halving, it goes to the next zone, in our case, such a zone can be 40k+↗️
VNINDEX long term plan (2024-Q4 to 2025-Q2)This is my idea about VNINDEX long term plan.
Time range: 2024-Q4 to 2025-Q2.
- Expected to continue its upward trend in Q4 2024, reaching a new record high of 2,000 points by the end of the year, driven by strong earnings growth, low interest rates, and positive market sentiment.
- In Q1 2025, the VN-Index may face some correction and consolidation, as investors take profits and adjust their portfolios for the new year. The index may fluctuate between 1,800 and 2,100 points, depending on the macroeconomic situation and global events.
- In Q2 2025, the VN-Index may resume its rally, supported by the recovery of the tourism sector, the acceleration of the vaccination program, and the implementation of new infrastructure projects. The index may surpass 2,200 points by the end of the quarter, setting a new historical milestone.
The Information is not an finance advice.
Cup with handle
Incorporated in 1998, Allsec Tech is a global leader in outsourcing solutions offering future-ready, resilient business transformation services to industry heavy-weights, Fortune 100 companies, and growth-focused organizations. The services provided by the Company include data verification, processing of orders received through telephone calls, telemarketing, monitoring quality of calls of other call centers, customer services and HR and payroll processing. The Company has delivery centers at Chennai, Bengaluru and NCR.
With 4,000+ FTEs spread across 5 contact centers in the US, Philippines, and India, the company manages over 1 Million customer contacts per day, via multiple touchpoints.
Bitcoin History Rhymes 📝However if you look at how the price broke out of the supertrend baseline in 2020, you can say that history repeats itself.
In both cases, a year passed from the bottom of the cycle, and the price consolidated for some time below the trend line. Then a 20% breakout↗️
What's next? Will the rhyming continue and we will fall like in 2020? I think not, this poetry is over. Although some correction and retest of the 30k zone is possible, such falls as during the censored crisis are not expected. Here you can start looking for some rhyme with the cycle of 2016.👀
Gold 15m 27th OctoberAs we approach the end of October, gold is very strong. Currently consolidating in the top of the range.
I am expecting there to be a break of the recent high.
Once this high is taken we can look for potential pullbacks in gold.
in a couple of weeks we have US rates release, its typical of gold to rally in the approach to this.
Taking longs from each break of structure in the bullish direction is high probability
Update BTC 26/10Update BTC 26/10
BTC has gone through the wave of increasing from 25,000 to 35k, and has been distributed for 3 days, now there is a signal to confirm the adjustment reduction, let's sell BTC from 34k to 30k, good luck, I have closed a part. at 35k, and still holding a buy order of 25k, this idea is just to sell a correction
Crude Oil - Correction? Or Change in Trend?The December Crude oil contract has endured a precipitous drop in the past three trading sessions - falling nearly $7 per barrel. Is this just a correction? Are we in the midst of a trend change?
The Bullish Case:
Crude gapped higher on Monday, October 9th, following the start of the conflict between Hammas and Israel, and the geopolitical risk surrounding the situation served as a bullish catalyst for the crude oil contracts. A primary reason for the rally was anticipated escalation in the conflict, which has yet to materialize - causing the rally to stall. However, the risk of escalation still remains. Third party involvement from other nations or interest groups has the propensity to push crude oil prices even higher than the initial rally following the onset of the conflict.
The Bearish Case:
The winter months are typically not very kind to crude oil prices. Demand for crude oil wanes as consumers are usually more sedentary during the winter months. The seasonal chart below displays the 5, 10, and 15 year average tendencies for the December Crude Oil contract. Over each of those periods, crude oil prices trended lower from mid-October through November. If escalation does not materialize, it is likely that crude oil will continue to move lower.
How Will We Know?
In order to keep the uptrend intact, December crude oil will have to defend its recent low around $80/bbl. A turn higher ahead of that point will be a strong indication that crude will buck seasonal tendencies and continue higher. A failure to defend $80/bbl likely indicates that prices will continue to move lower.
Check out CME Group real-time data plans available on TradingView here: www.tradingview.com
Disclaimers:
CME Real-time Market Data help identify trading set-ups and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
*Trade ideas cited above are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management under the market scenarios being discussed. They shall not be construed as investment recommendations or advice. Nor are they used to promote any specific products, or services.
Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.
AUDUSD Seasonality for October is 50/50The Seasonality of AUDUSD is showing average 50/50 the Aussie will out performe the USD during October, during this moth if the sentiment will shift to a less hawkish #Fed and traders start to price rate cutt by the US central bank. The AUD could surge up to 5% vs the #usd.
During the past 10 years AUDUSD performance was like this
Gains
5 gaining Oct in 10yr, Average Profit +1.87% and Max Profit +3.53%
Losses
5 lossing Oct in 10yr, Average Loss -1.65% and Max Loss -2.41%
See the full data on this link:
twitter.com
BTC/USD: Bull Market Confirmed! Here's What's NextAfter careful analysis, it's clear we've entered a bull market for BTC.
The global correction wave 4 concluded in November 2022, and the recent price actions offer confirmation. Here are the key takeaways:
The trend from 23rd November 2022 presents as a robust bullish impulse.
All impulse waves and corrections looks nice and well-balanced.
The waves within this trend are well-proportioned and align with various Fibonacci levels.
It's almost too good to be true!
We're currently riding wave 5 of the initial bullish impulse. Expect bullish momentum to persist until the end of November. Following that, prepare for a retracement back to the ~$25000 region before we launch into a massive bull run for 2024!
Bitcoin with previous Bull Cycle OverlaidBlue starts from the 2015 bottom and goes to about the 4.236 extension that took place in August 2017.
Orange starts with the December 2018 bottom and goes to the top in 2021.
Plan: DCA and wait for the white flag.
#Bitcoin Bear Trap on DSS 🐻In the last DSS post, I said when the moving averages enter the overbought zone🟩 on the Double Smoothed Stochastic oscillator, we get a red month candle. After that, the morning star pattern will mostly appear, which surpasses the drawdown (as in 2020).
And so it happened, we can see the number of bears who have caught on to this and are now very sorry looking at their negative PNL.
What's next? Historically, barring black swans, the market started to rise smoothly from this point. ↗️ This is also positive for altcoins. Who does not know what is better to buy now, so I recommend taking a closer look at my indicators for altcoins
Bearish This stock have fundamental good stock
Technically this stock breakdown from major support now stock can go low level
Take own analysis
No recommendation for buy and sell
Update Gold 25/10Update Gold 25/10
Gold at the beginning of the Asian session has returned to retest Dao 65, next we sell to retest Dao 129, then buy lightly to the cloud belly, and continue to sell off to Dao 234, good luck.
Crypto market in fogwe are approaching to crypto season but I think, before the big rally, the market needs some liquidity and fear.
I would really like jumping to the market as soon as total goes under 1T💵
NFA
DYOR
XAU/Gold integrated into the George Tritch 1872 prediction chartPeriods when to make money according to George Tritch 1872 integrated into the TVC:XAU (Gold) chart. The periodicity prediction chart itself is included into the price chart of XAU / Gold.
Quick update on CB rat raceAs you citizens can see we've found a mistake in our earlier analysis, we are apoligising for this. We think that during summer of 1998 Russian Federation stepped into fx trading big time and move cycles towards bigger and longer planning. So as you have guessed this is a game of sharade about who is planning longer and who is taking gaps. Thank you and see you later, have a good working week guests.
Holding Previous Lows I have draw the important level of support that must hold at any cost.
If bulls are not able to defend this level next week, then there is lot of room for downside.
Support range is from 14,700 to 14,650
For remember this is seasonal strong period so there is a very high chances of us NOT FALLING and rallying through a long slow CHOP
NQ Framing: anticipating seasonal LowHello everyone,
We have had a bearish weekly bias and have continued downward today crossing an important level.
As shared previously, I have been watching these levels in case we get a new low for October, surpassing the earlier one, signaling the seasonal low for Q4.
We are very close to breaking that level. Rarely do you come this close to an important level without reaching it.
I would like to see 14586 broken, for a new low.
There ARE levels below that, and of course anything is possible.
However, I will consider the break of 14586 the seasonal low for this quarter, unless
convincing signs of further downside occur.
Important to note we are framed by a weekly gap above and below- there is a lot of room between this range.
I will be looking for daily moves between those for now.
Have a great weekend!
Lost 50-Day EMA & Anchored VWAP as well.We closed the day with heavy volume and also below the two most important things (50 EMA on daily and Anchored VWAP)
If we don't close above these two things tomorrow, then there is lot of downside to come.
The problem is this is a very strong seasonal period. so there will be a lot of chop.
Tomorrow FED CHAIR POWEL is going to speak so we will have to see how the markets digest his speech.
Be very careful especially tomorrow.
(TOTAL2) Alt coin market cap!!!!!Alt coins are bloody, the market moves based on Demand and Supply
If we go back to our chart, we can see here that there is not much demand in that area, between 600B to 680B.
In our previous data, in that area there was a good upward impulse movement, but now the sellers are more aware.
We can go back to the 400B range of the Alts marketcap, and we can still feel the price drop in some of our altcoins across the market.
be careful when positioning trades on different alt coins. Don't over trade too much. Relax and enjoy different things first to avoid big losses in the market.
PS: 400B support + Moving average 200 ; massive buying zone.
Happy trading!!
Monday BaselineMonday is what I use as a baseline for the week. I don't trade Mondays.
Here are the important levels I am watching for the week.
We are at a critical point and could see many surprises.
However I would like to see price not go higher than the two dashed red lines near the center, for some further retracement. there is a Daily FVG just above the first one.
Any time we get a pullback it makes a run higher stronger.
I prefer to trade with strength, not in choppy iffy conditions.
There is a possibility, as I discussed last week that we may see new lows.
But price has to go up before it can go down, and vice versa. premium and discount of a range, et.
There's a lot of world events right now that could impact market behavior as well as red folder news on the economic calendar.
Keep an eye on oil, gold and the DXY.
Have a great week everyone!
