Not at the bottom now, but we will get a very nice opportunity!Hello trades & hodlers out there.
I have very bad, but also very good news depending on your timeframe!
As we saw the bear flag is working, there is absolutely no sign in the market left, that we are in the bear market phase.
As clear as it so now, we are also only have left the last leg down i guess.
This move could come in steps or very fast in on big flash crash.
In my opinion, the flash crash scenario is less likely but could bring us the best short term buy price.
The green box marked the time and price range, which is obviously quite a big range. But nothing is for sure, so please take care!
At 14,000 USD i will buy massiv, even if we could go lower.
If we are not reaching this price, i will buy after the bottom was built on a retest pullback.
Wish you all luck & be very patient.
Don't act emotional, otherwise you will lose a lot in this market phase!
TERM
XAU/USD Nice move from market Bias today is down - I prefer to Short more than Long
Plan 1: Sellers continue breaking by Strong Buyers Zone and price move down to 1912
Plan 2: Price is protected by Strong Buyers Zone and price increase to 1927, which has big volume from Sellers. I think we will see a litigation for this area but Sellers will take advantages and Price move down to 1912
Plan 3, just my vision. Price breaks and move above the yellow circle then we can take risk a Long trade to zone 1930 or 1940
These are my plans but it still a possibility :) Have a good day guys!
Ray
Daily review of ETH interval 4HHello everyone, let's look at the ETH to USDT chart on a 4-hour time frame. As you can see, the price is moving in a triangle and is getting closer to leaving it.
Let's start with the support line and as you can see the first support in the near future is $1562, if the support is broken then the next support is $1542, $1515 and $1480.
Now let's move to the resistance line, as you can see the first resistance is $1583, if you manage to break it, the next resistance will be $1600, $1615 and $1630.
Looking at the CHOP indicator, we see that there is some energy left for further movement, the MACD indicates entering a local downtrend, while the RSI shows a rebound and a downtrend.
ENPH - MyMI Option PlaysAfter watching the $203 Dip this morning, we purchased some PUTs for the stock as we expect to retest those levels and lower after losing support around the $211 Price Level.
We're looking for this to head to $188 over the coming weeks based on the loss in momentum alongside losing support.
Looking for very strong support at the $179.12 for those interested in gathering profits to the downside to get into this long-term.
Gold XAUUSD First, welcome to my humble page.
In short, my analysis is based on the nature of the market and the natural movement of the markets between impulse waves and corrective waves. Focusing on entry points with the highest degree of accuracy.
As for gold, technically, it is heading to 1947 dollars, then selling it to target the bottom of 1616 dollars. But it will be updated every time due to market change of course. Good luck everyone.
I always like to look between the Daily & 24 hour for key levels and enter in on the 4HR / 1Hr /15min timeframes for signals.
BTC accumulation phase spring or a massive bear rally ?Hello,
It will be a quick one as the chart says it all.
Basically, I think the current setup looks a lot similar to the price action we saw at the end of 2018 and the beginning of 2018.
1. BTC made three consecutive lower lows on the 1-week chart, consolidated for a bit then made a new low which was the final one. We saw the same think happening the 15 months.
2. The RSI hit an oversold area around the same level as the one from 2018 while also printing a bullish divergence for the first time ever for BTC (or at least I could not find any older).
3. Volumes increased above the average between the 3rd and 4rd low on both occasions.
4. The price of BTC hit the long-term diagonal support and used it to rebound on both occasions.
5. BTC broke above the 21-period EMA with a solid green candle back then and now. The time of the green candle that broke above the short-term EMA found the RSI in the exact same state and place on its chart as back in 2019
I think it is quite possible we see a significant rally at least up to the first downtrend correction near $46,800 before a significant pullback. This will be in line with the 2018/2019 rally, also relatively similar in terms of percentage growth.
Such a move will be normal in the state of disbelief, but it does not exclude a new low afterwards just like it was the case back in 2019/2020. So the "recession" and "long bear market" scenarios can still come to live.
Let me know what you think in the comments
LONG ANALYSIS ON GBPUSDGBPUSD has been bullish for a long time now so therefore the overall trend is bullish which means we should be looking out for long term buys or short term sells. We can see that GBPUSD broke a resistance zone which it has tested multiple times in the past. And we know that price moves from zone to zone so we are expecting it to get to the next resistance zone. so we can all look for buying opportunities. This is my view.
How Far/Long Can BTC Push Higher? 🕝Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
🗒 As per my last educational post, we know that we might be in Pattern 4 => falling correction after a bearish impulse, leading to a bullish reversal.
As mentioned, our confirmation would be a weekly candle close above the last major high in green (22500)
Now since, we broke above it the last high, how far can BTC push higher?
The first / next rejection is now around the previous major high around 25,000 in blue .
If / Once the 25,000 high is broken higher, then a movement till the 30,000 resistance / supply would be expected.
N.B. Always Remember, nothing moves in a straight line, so we might have a correction (as a higher low) along the way.
📉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 long term movement on triangle pattern 📖💡Hello 🐋
Based on the chart, the price is close to the parallel channel support area and in triangle pattern,
if
the price doesn't break the support zone to the downside and form the ascending channel, we will see more gain, at least to our upper trend line 🚀
otherwise
we can see more correction to lower support level before hitting the upper resistance area ❌🧨
if
the price complete the breakout of the parallel channel to upside, even we can expect more gain and ATH 💡🚀🚀
👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
A sense of debtIn the previous two posts, we explored how assets are grouped in a company's balance sheet.
Part 1: Balance sheet: taking the first steps
Part 2: Assets I prioritize
Now let's deal with Liabilities and Stockholders' equity. Let me remind you that these are the sources of funds that give a company assets. And indeed, with what funds can a company have assets? Either with its own funds (stockholders' equity), or with funds borrowed (liabilities). For simplicity, we will call them Debts and Equity.
Debts can vary in maturity, so we've divided them into two categories in the balance sheet: Current liabilities and Non-current liabilities .
Current liabilities include:
- Current debts are debts that need to be paid back within a year after they are incurred. Do you remember our master took a loan from the bank to make a large batch of boots? That loan will be recorded in this item (assuming the loan is up to one year in repayment).
- Accounts payable (debts to suppliers of goods and services). You can borrow money not only from the bank, but also from your suppliers, for example. In other words he is giving you raw materials now, but is ready to accept payment later. Such debts are reflected in this item.
- Accrued liabilities (Provisions for future expenses on unpaid bills in the form of wages, rent, taxes). The word "debt" is in many ways synonymous with the word "liability." A company may have many such liabilities: payment of wages, rent and taxes. In essence, these are also debts to be paid during the year. For convenience, cash reserves are set aside for them. They are spent at the moment when the payment is due. Such reserves are recorded in this item.
- Other current liabilities . Debts or liabilities with a maturity of up to one year that are not included in the categories above are shown here.
Non-current liabilities include:
- Long term debt - these are debts that need to be paid back more than one year after they are incurred. If our master had borrowed from the bank for two years, such a loan would fall into this category.
- Deferred taxes liabilities (Provision for taxes to be paid in a future period). Tax rates are subject to change, and new taxes may come into effect in a year or more. But even now, the company can set aside money for future taxes.
- Other long term liabilities . Here are debts or liabilities with a maturity of more than one year that are not included in the categories above.
In short, debts are loans taken by the company, provisions for tax liabilities, and debts to suppliers.
The amount of debt is a very important indicator in the fundamental analysis of a company. On the one hand, the mere presence of debt is not scary, because it demonstrates that banks trust the company and give it loans for development. On the other hand, a substantial amount of debt can cause serious problems and losses in the period of weak sales of goods or services. Banks are unlikely to suspend interest charges on loans if a company is doing poorly. This means the company will incur expenses in the form of interest on loans that are not offset by revenue. Also a reminder that if a company goes bankrupt, the owners of the stock get the assets of that company only after all debts have been settled . If the debts are so large that they exceed the value of all the property, the shareholders get nothing. For these reasons, I select companies with small debt loads.
What liabilities do I focus on?
- Current debt;
- Accounts payable;
- Long term debt.
For me, these are the items that most clearly reflect the company's debt situation.
In the next post, we will conclude our study of the balance sheet and look at the basic source of assets, which is Equity. See you soon!
P2P | DXY - Market PredictionAlright my fellow traders and tradettes! This is my first market prediction (really more of an analysis) on what I potentially see coming from DXY.
Now as we can see it has broken below my channel so that indicates 2 things to me: 1. Selling pressure = bad economy, bad fundamental news, etc. or 2. Selling off to buy wayyyyy up!
Reason why? Well where price is currently sitting, its forming a Dojo candle. (Doji = indecision, usually a direction change on higher timeframes)
The sky blue box near current price represents a 2nd form of head-and-shoulders pattern, where we could see a push up to sell off even more (yes, double shoulders baby!)
If you notice where I have my TP level set, its actually the 50% of a FVG (fair value gap) that was merely filled when DXY began the rally up.
So what does the lil emoji dude have to do with this mark up? LOL
Well he's actually indicating an intermediate high that I wouldn't be surprised to see price come back to visit!
Plus I tapped into FF (Forex Factory) and didn't see any news for USD until February so I feel that could assist the rise of DXY to build up for the fall...
But again ladies and gents this is just a higher timeframe mark up, I am not expert. Just another young student in this market ocean with a harpoon looking to catch a Megalodon!
So all in all my bias on DXY: SHORT-TERM BULLISH / OVERALL BEARISH
And with that being said happy trading, trade well, and lets run it up from 2023 til infinity!
If you got some value out of this mark up please share it, boost it to your trading pals, and help grow the channel.
DISCLAIMER:
***This page is for educational purposes only and is not intended for any financial advise. I am not a financial advisor nor do I manage any other accounts for our users. Any trades you take will be of your own doing and P2P will not be held responsible.***
Bitcoin Short warning🔥🔥VOLATILITY19950 is where I put my long entry, not adding above 20k. Also looking for signs on the waveedge on the 15-1hr timeframe to indicate a bottom. Patience rewards over FOMO. Bitcoin is already overvalued in the short term so I believe a good correction may come in the coming days back towards 20k.
BABA stock is breaking out the down trend channelIn my personal opinion I am very Bullish in NYSE:BABA stock for many reasons
The Main reason is the financial Numbers are very good and it is considered
one of the cheapest stocks in the World now So it is a good chance to buy more
shares with such low price
In TA view it has already broke out the Parallel Down trend channel on an Important Support zone On daily time frame
and it has retested the support zone and price started to go up.
My Entry zone is between 89 - 92 and the mid term ( 4-8 months ) target is 135
What Do you think about NYSE:BABA in the coming days
Assets I prioritizeIn the previous post Balance sheet: taking the first steps , we began parsing the balance sheet of the imaginary workshop and focused on assets. Today, I suggest looking at what types of tangible and intangible property are classified as current assets and what types are classified as non-current assets.
Current assets contain the following items:
- Cash and cash equivalents - in our case we can include a safe with money, which, in general, corresponds to the company's cash in its current bank accounts.
- Net receivables - here we would include the IOU from a friend. That is everything that clients owe the company for goods or services.
- Inventory - this includes a bag with leather, rubber and thread. That is all raw materials, from which goods are made, as well as stocks of finished goods in warehouses.
- Other current assets - this can include other current assets that do not belong to the previous items.
Non-current assets include the following items:
- Net property, plant and equipment - we include a garage, table, chair, sewing machine and tools. Depreciation is deducted from the original cost of the property when reporting it. Depreciation is the cost to repair and renew the property.
- Equity and other investments - in our example, this would include oil company stocks (and in general, any company investment in stocks or bonds of other companies).
- Goodwill - let's say our company wants to buy another company and is willing to pay $11 million for it. The assets of the other company are $10 million, and the debts that our company will have to pay for the other company are $2 million. So the assets net of debt are $8 million. After the purchase, the assets and debts of that company will become the assets and debts of our company. So, the difference between the purchase amount of $11 million and the net assets of $8 million is a goodwill equal to $3 million. For our workshop, this item is not relevant, as it didn't buy any company. Nevertheless, remember that goodwill is the difference between the purchase price of another company and its net assets.
- Intangible assets - this can include the value of the customer base in the master's phone book, as well as any other assets that have no tangible basis (such as purchased trademarks).
- Other long term assets - this item includes other non-current assets that don't belong to the previous items.
Once we understand which asset belongs to which item, its value (or rather, the sum of the values of all assets belonging to this item) is written in the balance sheet. For example, let's say we've determined that the Inventory item includes leather, rubber, and thread. The accountant adds up the value of the leather, rubber, and thread and writes the total amount in monetary terms against the Inventory item. This is how the numbers appear in the balance sheet.
Now let's discuss which balance sheet items we should pay attention to during the fundamental analysis of assets. I have formulated the following rule for myself: pay attention to the assets that are directly related to the sale of the company's goods or services .
If a company does not sell its goods or services well, its bank account balance will shrink, huge inventories of unsold goods and raw materials will accumulate in its warehouses, and accounts receivable (customers debt) will grow. The fact is that when sales are bad, the company is ready to lend out goods as debt.
If sales are going well, then, on the contrary, the money in the account will grow, and accounts receivable and inventory will start to shrink. All other assets can influence sales only indirectly, so I don't consider them.
Thus, I have identified my priority assets :
- Cash and cash equivalents;
- Net receivables;
- Inventory.
As you can see, they are all quick current assets. Non-current assets only indirectly affect sales, so they are not a priority benchmark for me.
In the next post, we'll start looking at the right side of our disclosed book, called the Balance sheet. That's where the company's liabilities and equity belong. See you next time!
LONG Term Treasuries With the yield curve inverted, inflation slowing rapidly and global growth expectations revised downwards, long term treasury bonds are looking like an excellent allocation right now.
A reversion to 2% on 30 Year yields over the next couple of years would produce double digit Annualized returns.
Full story here: matthewiesulauro.substack.com