BTC bitcoinChart indicators stuff image makes sense the image of what it is happening, yellow line observatory > rounded and replacing past negative. Picking a good complimentary choice of indicators.
MAY
ETH - Bullish Continuation⁉️Hello TradingView Family / Fellow Traders,
📈As per my last analysis, ETH broke above the previous major high at $3000 and is currently trading higher.
What's next?
ETH is currently bullish short-term trading within the rising wedge pattern marked in orange.
🏹As long as the lower orange trendline and the $3000 support hold, a continuation towards the upper bound of the orange and blue channels would be expected around $3333.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
(SOL) solanaWill solana win in price and surpass all time high without stopping slowing down or rejecting the new all time high prices? ...
(SHIB) shiba inu "where to next,..."Shiba Inu price appears to be unknown based on support and resistance over the life of trades for the cryptocurrency. Right now the price is literally in the middle of a wide channel with no past information to conclude where the price is headed. Is it going up? Or is it going down? ...
Overview of Cryptocurrency Volatility - 1M, May, 2023.Analysis of the volatility index in May. Time interval - 1 month.
Currency - USDT or equivalent to BUSD .
The selection is carried out according to the lists of cryptocurrencies that are represented on the spot and futures markets, with a total of more than a hundred coins.
Top 15 Coins (May):
1. BINANCE:SUIUSDT SUI/usdt - 874.30% (High&Low: 1900%)
2. BINANCE:LINAUSDT LINA/usdt - 88.37% (High&Low: 143.35%)
3. BINANCE:TOMOUSDT TOMO/usdt - 77.54% (High&Low: 223.85%)
4. BINANCE:ARPAUSDT ARPA/usdt - 73.18% (High&Low: 232.29%)
5. BINANCE:OPUSDT OP/usdt - 36.25% (High&Low: 39.02%)
6. BINANCE:PEPEUSDT PEPE/usdt - 36.04% (High&Low: 169.54%)
7. BINANCE:AMBUSDT AMB/usdt - 34.15% (High&Low: 43.03%)
8. BINANCE:KAVAUSDT KAVA/usdt - 33.42% (High&Low: 113.94%)
9. BINANCE:LUNAUSDT LUNA/usdt - 33.18% (High&Low: 35%)
10. BINANCE:LQTYUSDT LQTY/usdt - 33.01% (High&Low: 40.74%)
11. BINANCE:JASMYUSDT JASMY/usdt - 31.18% (High&Low: 53.54%)
12. BINANCE:OMGUSDT OMG/usdt - 28.39% (High&Low: 40.44%)
13. BINANCE:IDUSDT ID/usdt - 27.31% (High&Low: 32.30%)
14. BINANCE:ICPUSDT ICP/usdt - 26.95% (High&Low: 29.20%)
15. BINANCE:TRUUSDT TRU/usdt - 26.93% (High&Low: 39.08%)
The coin showed the worst result: BINANCE:ETHUSDT ETH/usdt - 0.19% (High&Low: 14.92%).
Full list of analyzed coins: www.tradingview.com
Analysis information for all coins: docs.google.com
Thanks for your attention!
Overview of Cryptocurrency Volatility - 1D, May, 2023.Analysis of the volatility index in May. Time interval - 1 day.
Currency - USDT or equivalent to BUSD .
The selection is carried out according to the lists of cryptocurrencies that are represented on the spot and futures markets, with a total of more than a hundred coins.
Top 15 Coins (1 day):
1. BINANCE:SUIUSDT SUI/usdt - 1397.23% (High&Low: 2137.27%)
2. BINANCE:PEPEUSDT PEPE/usdt - 307.80% (High&Low: 607.08%)
3. BINANCE:RADUSDT RAD/usdt - 232.97% (High&Low: 498.52%)
4. BINANCE:ARPAUSDT ARPA/usdt - 229.14% (High&Low: 438.54%)
5. BINANCE:EDUUSDT EDU/usdt - 193% (High&Low: 387.82%)
6. BINANCE:KEYUSDT KEY/usdt - 189.55% (High&Low: 404.01%)
7. BINANCE:TOMOUSDT TOMO/usdt - 185.42% (High&Low: 446.12%)
8. BINANCE:LINAUSDT LINA/usdt - 185.35% (High&Low: 406.46%)
9. BINANCE:UMAUSDT UMA/usdt - 171.22% (High&Low: 350.84%)
10. BINANCE:JOEUSDT JOE/usdt - 159.03% (High&Low: 279.97%)
11. BINANCE:PHBUSDT PHB/usdt - 156.46% (High&Low: 329.94%)
12. BINANCE:RNDRUSDT RNDR/usdt - 151.56% (High&Low: 340.78%)
13. BINANCE:FLOKIUSDT FLOKI/usdt - 144.29% (High&Low: 293.62%)
14. BINANCE:SSVUSDT SSV/usdt - 142.89% (High&Low: 295.12%)
15. BINANCE:AGIXUSDT AGIX/usdt - 142.84% (High&Low: 296.94%)
The coin showed the worst result: BINANCE:XLMUSDT XLM/usdt - 24% (High&Low: 71.46%).
Full list of analyzed coins: www.tradingview.com
Analysis information for all coins: docs.google.com
Thanks for your attention!
Daily Updates UJ May 15th 2023Hello Traders!
We can see the dollar gain strength. Looks like it is following it seasonal bias for May.
Chop or Pop? Tackle This Week's Tricky Market On $ES_F & $SPYIntraday Update
Coming into this week, ES tested support at 4112 Friday with a double bottom. So far it’s been a choppy start to the OPEX week, with key support at 4132-29. There have been six round trips between ~4150s and 4120s, and we observed good follow-through in the market. 4155 just rejected down to 4136.
Last Week
We saw the market consolidating with 4165 resistance and 4115 support, as well as range expansion and complex trading patterns. The big picture context is a 1.5-month-long "megaphone" pattern, while the shorter term shows a smaller megaphone pattern with a 60% upside breakout bias. We also discussed the importance of level acceptance and not trading constantly in our trade recap.
Plan for the Week
Our focus this week is on navigating a tactical chop range between 4112 and 4181. The bull case for Monday is to defend 4129 and aim for 4145, 4158, and high 4170s. The bear case for Monday involves a loss of 4129 as the first warning, with a crack of 4112 for a real selloff. Expect tactical, trappy trading overall.
Economic Events
April Retail Sales: A potential downside surprise may affect rate pause and rate cut expectations.
April Industrial Production: Expected to be flat; a higher-than-expected reading may support the Fed's hawkish stance.
May Philadelphia Fed Manufacturing Survey: An above-expectations reading is seen as inflationary.
Bonds Update
2-year Treasury yield at 4%, little changed
10-year Treasury yield advanced to 3.494%
30-year Treasury yield climbed 5.5 basis points to 3.831%
Support Levels
4129-32, 4118 (major), 4112 (major - broadening formation support), 4106, 4099 (major), 4089, 4078-81 (major), 4061, 4040-4045 (major), 4031, 4017-20 (major), 4005, 3980-85 (major), 3967 (major), 3950-54, 3937 (major).
Resistance Levels
4147, 4158 (major), 4172-75 (major), 4180, 4191 (major), 4205, 4212, 4217, 4227 (major), 4236 (major - broadening formation resistance), 4243, 4252, 4270-75 (major), 4286. 4158 as well as 4172-75 are decent zones to look for reactions as is 4191.
Summary
In summary, the market experienced consolidation and complex trading patterns last week. This week, our focus is on navigating the tactical chop range between 4112 and 4181, with both bull and bear case scenarios in play. Economic events, such as April Retail Sales and Industrial Production, may impact decisions on rate pauses and cuts.
Disclosure: This is not financial advice and is for informational purposes only. Please consult a professional financial advisor before making any investment decisions.
Daily Update May 11th UJ 2023Hello Traders!
Dollar has moved back above May opening price.
We have left a discount range and could see the strong dollar push possibly.
Daily Update May 9th 2023 UJHello Traders!
I am still bullish on UJ.
The fact that a higher swing low has formed under May's opening price is a good sign.
Daily Update May 8th 2023Hello Traders!
I am still bullish on Dollar which means bullish UJ.
So far the market is setting up to go higher.
Daily Updates UJ May 4th 2023Hello Traders!
Tomorrow is NFP and I advise you to leave it alone if you are not a seasoned trader.
Daily Update May 3rd 2023Hello Traders!
As we can see price pushed back into the BISI.
Looking for price to find a swing low formation.
I would suspect commercials are buying in these down days.
2 may prediction according to indicators movement.. bullish now ..i was watching this trend since last weak .. hope you will be agree.
REC looking good for upside till 138REC is testing patience but now it seems consolidation at lower timeframe is complete. Daily closing above 125 will trigger a quick move towards 138-140 zones .Good Risk to Reward setup for May month.
At what price and when will Bitcoin grow?At what price and when will Bitcoin grow?
The most important analysis of Bitcoin in the monthly time frame
As you can see in the chart, in my opinion, Bitcoin will grow in the specified area and it is suitable for investment on May 1, 2023.
Of course, at a reasonable price around the price of 12284 to 9354 dollars
It is not an investment recommendation, just a personal analysis
MAYApproaching key levels with Tl & res, bit of confluence. ADX at 30 with pdi above ndi is always helpful. Would like to see a close above the ema's
$MAYwatching for a push above the breakout line for entry signal,
Green box is the target if we get entry signal.
currently backtesting the low for that "daily range" that sent the market lower into the 1 month consolidation.
A push above the ema's and into 95-96 price range will be but signal.. lets see.
FYI a lot of news coming from the US this month so got to be cautious.
USDCAD setup for upcoming weekHigh probability USDCAD buying setup for upcoming week. Published on 15/05/2022 by me.
waiting for buy setup.
$422.0 by May 11 - Long SpySPY is currently forming a common W pattern, which occurs more often in the midst of a bear market or a transitory stage of the market. Its also currently trading within a wedge on the hourly chart pictured below.
See also the 15 minute chart, and the wedge it may break soon.
The chart indicates multiple bullish influences, and I will be long SPY this upcoming week.
GOLD - MAY SEASONALS LOOKS BULLISH
Gold May Seasonal (2008 to 2021)
Bullish: 8 Times
Bearish: 6 Times
May Stance: Bullish
GOLD After making a double top of 2070 - 80, took the beating and come down. The breakout level is still intact and we remain watchful on the price action. If it manages to break above the cup and handle pattern the shinning commodity will remains bullish for the years to come.
GBPUSD REANALYZED [FAILED DEMAND]Last post did thorough search to figure out a demand that could hold, having market reacting off it with a change of character above, but didn't cross off it, now market playing off to take fill up an imbalance left out previously, expecting market to go bullish afterwards. But let's see how
market plays out...
