XHV 2 year Parabola coming!XHV recently had a break out back into it's down trend and has now back tested the break out on the price action and the RSI simultaneously. XHV broke out and met the Gaussian channel as resistance. Holding this line and breaking through the gaussian channel is what we will be looking for next. The RSI in this moment should break through the 50 to confirm. The move at that point should come fairly quick to the top of the channel @ around $2.00. This move should turn the Gaussian channel green from red, this move is very positive.
Keep in mind this process should repeat on the top of the channel as well after it breaks through later down the road.
For a long term outlook I have added the silver price in line form. Why? as we can see it has met it as resistance on three occasions in the previous bull run. So, a break above the silver price point will be considered very bullish. The target I have is at aprox $94 at the top of the bull run.
Please remember no price points are guaranteed. Always take profits when they are there.
XHV is a privacy coin that has a few developments planned for the future. One of the big ones is the Bifrost with (RUNE) thorchain, another great project.
I'll leave the research to you, here is a link to the webpage.
havenprotocol.org
kind regards
WeAreSat0shi
Have a blessed 2023!
Blockchain
ETH - Critical Range ❗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
DAILY: Left Chart
After breaking below the 1820 support, ETH traded lower in an aggressive manner to finally find support around 1650.
H4: Right Chart
ETH is now stuck inside a range.
📈 For the bulls to take over again, and reject the daily support, we need an H4 momentum candle close above the last high in green around 1705
📉 In parallel , if the red low is broken downward, expect further bearish movement till the around the 1500 support to fill the wick!
For now, we wait ⏱
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
BTC - Last CheckPoint 📍Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
After failing to breach the 30,000 resistance level, Bitcoin (BTC) has exhibited a bearish trend characterized by consecutive lower lows and lower highs.
I n the previous week, BTC broke below the critical support at 27,000 and found itself hovering around the 25,000 mark.
As long as the 25,000 support level holds, there is still potential for bullish momentum to emerge. Consequently, we will closely monitor lower timeframes for any bullish setups that may confirm a reversal.
It's important to note that the overall sentiment for BTC remains bearish. Should the price drop below the 25,000 support level, we can anticipate further downward movement towards the next significant support level, which lies around 21,000.
For now, we wait! ⏱
📚 Hope you find this post useful. It's important to always adhere to your trading plan, including entry points, risk management strategies, and trade management techniques.
All Strategies Are Good; If Managed Properly!
~Richard
Disclaimer: The information provided is for educational and informational purposes only and should not be considered as financial advice. It is important to do your own research and make informed decisions before entering any trades. Past performance is not indicative of future results. Always be aware of the potential for losses, and never risk more than you can afford to lose.
Bitcoin(BTC/USD) Daily Chart Analysis For Week of August 18,2023Technical Analysis and Outlook:
As per Trade Selecter projection, Bitcoin's prices have plummeted, destroying Outer Coin Dip 28900, 28200, and 26900, respectively, and completing Outer Coin Dip 25600. The downward trend continues with Mean Sup 25100 and Next Outer Coin Dip 24200, but a strong rebound is possible with Mean Res 27800 as a target.
Will Bitcoin Reach $100,000 in 2023?My short answer is NO!
I am skeptical that Bitcoin will reach astronomical heights in 2023.
It may reach its high at roughly $48,500, with a $2,500 range in each way.
I'm leaning towards the prediction that it will end 2023 with an estimate of around $30,000, with a deviation of $2,500 in either direction.
Sei: Pioneering the Future of Cryptocurrency Beyond EthereumIn the ever-evolving landscape of cryptocurrency, a revolutionary force is on the rise, poised to surpass even the most established giants. Meet Sei, the cryptocurrency that is redefining the possibilities of blockchain technology and set to outshine Ethereum on the global stage.
Sei's foundation rests on a powerful infrastructure, setting a new standard for speed and efficiency in the industry. Unleashing its potential through the groundbreaking Twin-Turbo Consensus, Sei boasts unparalleled transaction speed, all the while maintaining remarkably low transaction costs and an industry-leading throughput. In the realm of modern applications, where performance and scalability are paramount, Sei emerges as a true trailblazer.
However, what truly sets Sei apart is its unwavering commitment to security. Crafted from the ground up with security as the foremost priority, Sei is fortified by the backing of some of the world's largest and most trusted institutions. With Sei, security is not an afterthought—it's the very foundation upon which the future is built.
Sei's user-centric approach echoes throughout its architecture. Fully open-source and with native frontrunning protection, Sei ensures a level playing field for all participants. Its seamless interoperability and multiple layers of transaction bundling only further emphasize Sei's dedication to user empowerment and fairness.
Now, let's draw comparisons to better understand Sei's groundbreaking capabilities:
- **Bitcoin:** With a transactional throughput of 10 tps and a transactional finality of 60 minutes, Bitcoin pales in comparison to Sei's lightning speed.
- **Ethereum:** Ethereum, while a giant in its own right, boasts a transactional throughput of 20 tps and a transactional finality of 6 minutes, still unable to match Sei's impressive metrics.
- **Solana:** Solana, known for its scalability, achieves a transactional throughput of 10,000 tps and a transactional finality of approximately 2.5 seconds. Yet, even Solana bows before Sei's unparalleled capabilities.
Sei shines as a beacon of innovation, boasting a transactional throughput of 20,000 ops and a transactional finality of just 500 milliseconds. With native frontrunning protection and a processing style that parallels Solana, Sei demonstrates its commitment to pushing the boundaries of what is achievable.
And who's already building on Sei? Recognizable names in the industry, such as Axelar, Pyth, Sushi, Kargo, and Nitro, have harnessed Sei's capabilities to create cutting-edge applications in various domains, from infrastructure to DeFi and beyond.
Sei is not just another cryptocurrency; it's a paradigm shift, a glimpse into a future where speed, security, and scalability harmoniously coexist. As we embark on this journey of innovation, Sei's potential knows no bounds. It's time to embrace the dawn of a new era in cryptocurrency—a future where Sei shines brighter than the rest. Start building your vision on Sei, and together, let's shape the destiny of blockchain technology."
BTC - Top Down Analysis 📹 From Daily To H1Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for #BTC.
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
Bitcoin - Accumulation PhasesIn this graph I show you all the accumulation phases bitcoin has been in so far.
An accumulation phase is a stage that all assets go through.
After a prolonged period of growth, the asset declines and enters an accumulation phase.
It's during this time that savvy investors buy in, anticipating the next upward trend.
It's important to note that we might remain within this trading range for another year before breaking out of it. While I believe a breakout will happen sooner, historical trends suggest otherwise, unless we replicate the 2011-2012 pattern.
Regardless, this could present a favorable buying opportunity for Bitcoin within this range, with potential selling during the euphoria (distribution stage).
To be able to see the chart like this, turn on logarithmic scale in your Tradingview.
BTC - Bears Remain In Control; Until...❗️Greetings, TradingView Family! This is Richard, also known as theSignalyst.
📌 After breaking below the significant round number of 30,000 and a major low, BTC has exhibited a predominantly bearish trend.
As BTC approaches 27,500 we will be looking for buy setups as it is the intersection of multiple trendlines.
📈 From a short-term perspective, on the H1 timeframe, BTC has been bearish trading inside the falling wedge in orange.
To regain control short-term, the bulls must achieve a strong momentum candle close above the last minor high in orange.
Meanwhile, the bears remain in control and we will be looking for buy setups as BTC approaches the demand zone in red around 28,950
📚 Always remember to follow your trading plan when it comes to entry, risk management, and trade management.
Good luck!
Remember, all strategies are good if managed properly!
~Rich
Bitcoin(BTC/USD) Daily Chart Analysis For Week of August 11,2023Technical Analysis and Outlook:
To its price action, Bitcoin experienced a "dead cat bounce," as projected by Trade Selector. Its current trajectory points to resuming the retest of the completed Outer Coin Dip 28900 and moving towards the next Outer Coin Dip 28200 and 26900, respectively. However, another jump toward the Mean Res 30050 level is also possible in this reactionary market.
Pirichain above support level 0.00638$New coin traded above support level 0.00638$.
I think the price is right for buying and placing an order with a take profit at $0.00853. Stop loss at $0.00525
BTC - Top Down Analysis 📹 From Weekly To H1Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for #BTC.
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
BTC - The Bias Remains Bearish ❗️Greetings, TradingView Family! This is Richard, also known as theSignalyst.
📌 After breaking below the significant round number of 30,000 and a major low, BTC has exhibited a predominantly bearish trend trading inside the falling channel in red.
📉 If the current last low is breached with an H4 candle closing below 28,700, it is likely to trigger further bearish movement, potentially leading to a decline towards 27,500.
In this case, as BTC approaches 27,500 we will be looking for buy setups as it is the intersection of multiple trendlines.
📈 To regain control, the bulls must achieve a strong momentum candle close above the key level of 30,000. Such a move could potentially shift market sentiment in favor of the bulls and indicate a possible trend reversal.
📚 Always remember to follow your trading plan when it comes to entry, risk management, and trade management.
Good luck!
Remember, all strategies are good if managed properly!
~Rich
ETH - Critical Period / Zone ❗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
ETH is still stuck inside a big range and it is currently hovering around the lower bound / support zone around 1810
📈 For the bulls to take over from a medium-term perspective, we need an H4 momentum candle close above the last major high in gray around 1865
📉 In parallel, if the green support zone is broken downward, expect further bearish movement till the 1730 demand zone.
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
Bitcoin(BTC/USD) Daily Chart Analysis For Week of August 4, 2023Technical Analysis and Outlook:
This week, the price action of the coin remained stagnant between the Outer Coin Dip 28900 and Mean Res 30050 levels. This suggests it might decrease further towards the Outer Coin Dip levels of 28200 and 26900. However, there is also a possibility of a dead-cat rebound towards the Mean Res 30050 level.
BTC - Critical Period / Zone ahead of NFP ❗️Greetings, TradingView Family! This is Richard, also known as theSignalyst.
📌 After breaking below the significant round number of 30,000 and a major low, BTC has exhibited a predominantly bearish trend, forming lower lows and lower highs.
In the past, BTC broke two major lows, which were marked in gray on the chart.
📉 If the current last low is breached with an H4 candle closing below 28,700, it is likely to trigger further bearish movement, potentially leading to a decline towards 27,500.
📈 To regain control, the bulls must achieve a strong momentum candle close above the key level of 30,000. Such a move could potentially shift market sentiment in favor of the bulls and indicate a possible trend reversal.
📚 Always remember to follow your trading plan when it comes to entry, risk management, and trade management.
Good luck!
Remember, all strategies are good if managed properly!
~Rich
BTC - Market Structure Setup 📚Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
I find BTC chart interesting as it has been following the basic laws of market structure.
So let's keep it simple => K.I.S.S. Keep it simple, samurai ;)
📈 As long as support at 28750 holds, we can anticipate a bullish movement on BTC. This bullish scenario would be confirmed by a break above the last minor high in red, approximately at 29300."
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
ETH - The Bulls Are Still Strong - For Now ❗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
ETH is still stuck inside a big range and it is currently hovering around the lower bound / support zone around 1810
📈 For the bulls to take over from a medium-term perspective, we need an H4 momentum candle close above the last major high in gray around 1890
📉 In parallel, if the green support zone is broken downward, expect further bearish movement till the 1730 demand zone.
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
LTC - The #Halving is Around The Corner ⏱Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
LTC has been trading within a significant range between 85 and 100. Currently, from a short-term perspective, LTC is showing a bearish trend as it is trading inside a descending red channel.
The upcoming LTC halving is worth considering (in 24 hours), and two potential scenarios can be anticipated:
📈 Scenario 1: Bullish Takeover - Medium-term perspective
For the bulls to gain control in the medium-term, we need to observe a daily momentum candle closing above the key round number of 100.0.
📉 Scenario 2: Short-term Buying Opportunity
In parallel, if LTC's price approaches the demand zone near 83.0, we may look for short-term buy setups on lower timeframes.
This could present an opportunity for traders to capitalize on potential price rebounds from the support level.
Which scenario do you think 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!
~Rich
BTC - 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 BTC.
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
Bitcoin(BTC/USD) Daily Chart Analysis For Week of July 28, 2023Technical Analysis and Outlook:
This week, the coin's price action fell below our Mean Support level of 29900, indicating that it may continue to decrease towards the next Outer Coin Dip levels of 28200 and 26900. However, a dead-cat rebound toward the Mean Resistance level of 30050 is not ruled out.
BTC - Critical Resistance Retest ❗️Greetings, TradingView Family! This is Richard, also known as theSignalyst.
📌 This week, BTC broke below the 29,500 support level and the previous major low, signaling the bears' dominance in the market. Currently, the price is trading within the falling red channel, indicating a downward trend.
📈 To regain control, the bulls need to achieve a momentum candle close above 29,850. This could potentially shift the market sentiment in favor of the bulls.
📉 However, it's important to note that the overall bias remains bearish, and the recent short-term bullish movement may be considered a correction within the larger downtrend.
📚 Always remember to follow your trading plan when it comes to entry, risk management, and trade management.
Good luck!
Remember, all strategies are good if managed properly!
~Rich