#Bullish and Bearish Flags Pattern

[stockexperttrading]

Unlock the Secrets of Trading with Top Chart Patterns! Explore the world of chart patterns with Funded Traders Global. From understanding the basics of technical analysis to recognizing common chart patterns like head and shoulders, double tops, and flags, our blog equips you with the knowledge to enhance your trading skills. Discover advanced patterns like pennants, wedges, and harmonic patterns, and gain practical tips for effective trading. Improve your risk management, pinpoint entry and exit points, and combine chart patterns with technical indicators. Start your journey towards trading success today with Funded Traders Global!

[seripatreon]

⭐ Bitcoin on February 18th 2023 🚀✨

The price as I'm writing this is $24,470 per btc.

Astro 🔮💫

Venus is approaching a conjunction to Bitcoin's moon in Aries starting today, then subsequently Jupiter (On March 2nd). This likely points to a boost in people's investments (especially the jupiter conjunction). The stock market is likely to rally as well. Venus rules money & investments.

Super positive for bitcoin 👍

Cup & Handle Pattern:

- Invalidation vs. Breakout zones: $24,300 ❌ & $24,950 ✅

- Triple Bullish Scenario ♉♉♉

Cup Handle - 4h chart

Bull flag - 1h chart

W-pattern (2x-bottom) - 15m chart

-=-=-=-

1: 💹 Trends

Monthly, we are in a downtrend 📉.

Meaning, we can expect prices less than $17,000 Bitcoin in the next 12 months.

Weekly, we are in an uptrend 📈.

Meaning we can expect prices higher than $25,300 Bitcoin within the next 8 weeks

So long as we close Sunday above $23,900 btc (So far, ✅)

Daily, we are in an uptrend* 📈

IF we close the day above $24,300 BTC. (@ 7pm EST)

However yesterday, we have made lower highs than the 15th, when we retested $25,000. Which is bearish.

4h we are in a seeming downtrend. Marked by a distinct lower high in the chart. Simply one strong candle downwards on this timeframe is confirmation and We are looking horrendous for Bitcoins price over the next 3 days.

Right now, it seems we are in this ambiguous/pivotal energy like yesterday. So it's a time for relative inaction. Volume is eerie and low at the moment. Not much pressure from either the bull or the bears 😐

Hourly, we are in a downtrend 📉

Meaning we can expect prices lower than $24,300 bitcoin within the next day.

That is just the fact of the matter... Despite that we are forming a sort of distribution pattern known as a bull flag. A sort of last minute attempt to break the down trend. If that is validated, this could lead us powerfully to our next leg up. The measured move would lead us precisely to our next target: $26,250 dollar btc. ⚠️

The bull flag would be confirmed by any intraday closure above the "pole" of the flag: ~ 24,950. Usually by bullish candles with high volume

2: 🔮 Conclusion

I am in a small long position as of the bottom of the bullflag Entered at ~$24,480. I will add more once there is confirmation of a breakout. Placing my stop-loss price at the bottom of the flag (channel).

And taking some profits at $25K!

3: 💰 Current Portfolio

18.5% USDs (+8.65%)

17.15% BTC (-4%)

64.35% Alts (-4.65%)

In Alts [24% is ETH 🔵, 17% is BNB 🟡, Rest is a combination of ADA, LINK, LTC & SHIB]

That's all For now!

[starseedfxofficial]

Unlocking WTI’s Secrets on the Monthly Timeframe The Hidden Patterns Driving WTI on the Monthly Timeframe Have you ever felt like trading WTI on the monthly timeframe is like trying to decode a treasure map with missing pieces? It’s not just you—most traders overlook the clues right in front of their eyes. But what if I told you that uncovering the hidden patterns could transform your trading game? In this article, we’re diving deep into the lesser-known strategies, contrarian perspectives, and underground trends that can help you master WTI on the monthly timeframe. And yes, I promise it won’t be as dry as a candlestick chart; humor and actionable insights ahead! Why Most Traders Miss the Big Picture on the Monthly Timeframe Let’s face it—most traders are glued to their 5-minute charts, chasing every micro-movement like a cat laser pointer. The monthly timeframe? It’s like the dusty treadmill in the corner of the gym: underutilized but packed with potential. Common Pitfall: Many believe that the monthly chart is too slow or irrelevant for intraday trading. Here’s the kicker: the monthly timeframe reveals the market’s DNA, showing dominant trends and key levels that shorter timeframes can’t match. Pro Tip: Think of the monthly timeframe as the Google Maps of trading—zoom out to get the lay of the land before you zoom in. The Magic of Long-Term Trendlines Trendlines on the monthly chart aren’t just lines—they’re the lifelines of the market. Yet, most traders treat them like decoration. How to Spot Hidden Gems: - Find Multi-Year Trends: Look for trendlines that have held for 5+ years. These are institutional favorites. - Confirm with Volume: A trendline is only as good as the volume backing it. Watch for spikes in volume near key levels. Example: In 2020, WTI’s monthly trendline dating back to 2014 acted as a springboard for its recovery after hitting negative prices. It wasn’t just a lucky bounce—it was a predictable reaction. Insider Secrets to Monthly Candlestick Analysis Think candlestick patterns are only for daily charts? Think again. Monthly candlesticks offer insights that are 10x more reliable. Key Patterns to Watch: - Engulfing Candles: A bullish or bearish engulfing on the monthly chart often signals the start of a multi-month trend. - Pin Bars: These are like the market’s way of raising a red flag. Pay attention to pin bars at key support or resistance levels. Ninja Tactic: Use the 50% retracement of a monthly pin bar as an entry point. It’s a less obvious but high-probability strategy. The Hidden Role of Economic Indicators Here’s the truth: the WTI market doesn’t move in a vacuum. Key economic indicators often signal market shifts long before they appear on the chart. Top Indicators to Track: - EIA Inventory Reports: These monthly updates can provide insights into supply-demand imbalances. - GDP Growth Rates: A growing economy fuels oil demand, literally. - Geopolitical Tensions: Monitor OPEC meetings and Middle Eastern developments for clues. Contrarian Perspective: Don’t just react to news—anticipate it. For example, if GDP growth is slowing, expect oil prices to follow suit. Why Fibonacci Levels Are Your Best Friend Fibonacci retracements aren’t just magical numbers; they’re the backbone of market psychology. On the monthly chart, they’re even more powerful. Steps to Use Them Effectively: - Identify the last major swing high and swing low. - Plot Fibonacci levels (23.6%, 38.2%, 50%, and 61.8%). - Watch how price reacts around these levels—they’re magnets for institutional orders. Example: In 2021, WTI’s retracement to the 50% Fibonacci level from its 2014 high to 2020 low acted as a launchpad for its rally above $90. The Forgotten Power of Correlation Analysis WTI doesn’t trade in isolation. Its moves are often mirrored or influenced by other markets. Key Correlations: - USD Index (DXY): A strong dollar usually means weaker oil prices. - Equity Markets: Bullish equities often correlate with rising oil prices. Pro Insight: Use the correlation coefficient to quantify these relationships. When the DXY and WTI correlation hits -0.8 or lower, it’s a signal worth noting. Risk Management: The Unsexy Secret to Long-Term Success Trading the monthly timeframe requires patience and discipline—and a solid risk management plan. Practical Tips: - Set Wide Stop Losses: Monthly moves are larger; give your trade room to breathe. - Risk 1-2% per Trade: Keep your risk small to avoid account blowouts. - Diversify Your Positions: Don’t bet the farm on WTI alone; explore correlated markets. Trade WTI Like a Pro Mastering WTI on the monthly timeframe isn’t about being the fastest—it’s about being the smartest. By focusing on long-term trends, insider patterns, and key economic indicators, you can turn the monthly chart into your secret weapon. Ready to level up? Check out our Free Trading Plan to set goals, manage risks, and track progress like a pro. And don’t forget to join our Community Membership for daily insights and elite strategies. —————– Image Credits: Cover image at the top is AI-generated Read the full article

[cryptogirl2024]

Shiba Inu (SHIB) Nears Breakout as Key Levels Approach

Shiba Inu (SHIB) is trading at $0.00002379, showing a modest 1.13% gain over the past 24 hours. Analysts suggest the cryptocurrency is poised for a significant price movement, supported by technical indicators.

According to analyst Ali Martinez, SHIB's price chart displays a "bull flag," a bullish continuation pattern. A breakout above $0.000025 could push SHIB toward $0.000037, while a downside break below $0.000023 risks bearish momentum, potentially targeting $0.000021. The current price range sits between support at $0.000023 and resistance at $0.000025.

The SHIB burn rate surged 209.05% in the past 24 hours, with 11.58 million tokens removed from circulation. However, weekly burn rates have dropped by 92%, raising concerns about its impact on price dynamics.

With a 24-hour trading volume of $1.13 billion and a market cap of $13.99 billion, traders are closely watching whether SHIB will break the $0.000025 resistance to ignite a bullish rally.

[takingforward]

Online Technical Analysis Course for Beginners

Introduction:

Technical Analysis Course Online for Beginners is the perfect starting point if you’re curious about trading stocks but unsure where to begin. It will teach you how to first understand basic market terminologies like,  What is share? What is an exchange? What is an Index? What is a Support and Resistance? etc, once you are clear about the market basics you need to learn and implement all technical analysis tools like candles, indicator, oscillators and chart patterns practically so that you get an idea about the use of Technical Analysis in Stock Market Analysis. Let’s explore what this course offers.

What is Technical Analysis?

Technical analysis involves studying price movements on charts to predict how stocks might behave in the future. In reality stock market technical analysis works differently. Imagine you are tossing up a coin 10 times, the ideal result will be 50 percent times head and 50% times tails, similarly when you are approaching the market without any analytical approach 50% of the times you may end up positive and 50% times negative

Now imagine you know technical analysis tools like Candles, indicators, oscillators and chart patterns etc so do you think you can predict the market movement exactly ??

NO!!!!!

What may happen is your probability may increase to 60:40, 70:30 or even 80: 20 but that will require a lot of expertise and practice of trading technical analysis. Instead of looking at a company’s profits or losses, this approach focuses on market trends and patterns to help you decide when to buy or sell.

Why Take a Technical Analysis Course?

Learn the Basics: You’ll get a solid understanding of important concepts, like chart patterns and trend lines, which are crucial for trading.

Hands-On Practice: Many courses allow you to work with real market data, giving you a chance to practice your skills safely.

Make Better Trades: By learning trading technical analysis, you can improve your trading skills, which could lead to higher profits.

Boost Your Confidence: The more you know about stock market technical analysis, the more confident you’ll feel when making trades.

Taking the Technical analysis course online will enable you to learn the concepts from the comfort of your home.

Overview of Technical Analysis Tools:

Candlesticks: These charts show price changes and help you identify market trends. Learning to read candlestick patterns is essential for understanding market sentiment. You will learn about various formations, such as bullish and bearish engulfing patterns, which can signal potential market reversals.

Reversal Patterns: Patterns like Head and Shoulders can indicate when a trend might change, allowing you to make informed trading decisions. You will also explore other reversal patterns, such as double tops and bottoms, which can help you time your entries and exits effectively.

Continuation Patterns: Patterns such as Flags suggest that the current trend will keep going, which can help you stay in a profitable trade longer. Understanding these patterns will allow you to identify moments when it’s best to enter a trade during an ongoing trend.

Indicators: Tools like Moving Averages help you track market trends and decide when to buy or sell based on past price movements. You will learn how to use various indicators, such as the Moving Average Convergence Divergence (MACD) and Bollinger Bands, to enhance your trading strategies.

Oscillators: Indicators like the Relative Strength Index (RSI) can show when a stock is overbought or oversold, helping you find good entry and exit points. You will understand how to use these tools to identify potential reversals in price movement.

Using Trading Technical Analysis for Different Trades:

Swing Trades: Short-term trades for quick profits, often holding positions for a few days to capture price swings.

Positional Trades: Longer-term trades based on market trends, where you might hold a position for weeks or months.

Delivery Trades: Investments aimed at long-term growth, focusing on fundamental strengths of the stocks involved.

Special Techniques for Intraday Trades: Intraday trading involves making multiple trades within one day. Techniques like scalping can help you profit from small price changes, while understanding market volatility can guide your trading decisions throughout the day.

Types of Technical Analysis:

Chart Analysis: Learning to read price charts to find trends and patterns. This involves understanding various chart types, such as line charts, bar charts, and candlestick charts.

Pattern Recognition: Identifying patterns that repeat over time to predict future price movements. This skill is crucial for making informed trading decisions based on historical data.

Indicator Analysis: Using various technical indicators to analyze market trends. You will learn how to combine different indicators to confirm trends and generate buy/sell signals.

Volume Analysis: Looking at trading volume to understand market strength; higher volume often confirms price movements. You’ll learn how to analyze volume spikes and their significance in validating your trading decisions.

Real-World Applications in Stock Market Learning:

Understanding technical analysis is not just theory; it’s about applying what you learn in real trading situations. For example, if you spot a reversal pattern, you can set up your trades to take advantage of that potential change in the market. Using oscillators can also help you identify the best times to buy low and sell high.

By incorporating the concepts you learn in your technical analysis course, you can develop a personal trading strategy that suits your risk tolerance and financial goals. Regularly reviewing and refining your approach based on market conditions will also improve stock market learning and enhance your chances of success.

Getting Started with Technical Analysis:

Before you start trading, it’s important to explore the tools and resources we offer. At Taking Forward, we provide access to a simulated trading environment, allowing you to practice your skills risk-free. You can also join our trading communities to exchange insights and learn from fellow traders.

Conclusion:

A technical analysis course is a fantastic way for beginners to learn about the stock market. By mastering technical analysis tools and understanding the different types of technical analysis, you’ll be better prepared to trade successfully. These skills will not only enhance your trading strategies but also boost your confidence in the market.

Call to Action:

Ready to boost your trading skills? Join Taking Forward Stock Market Training for a beginner-friendly technical analysis course. For details, contact us at info@takingforward.com or +91 8225022022. Don’t miss this chance to succeed—sign up today.

Also Read This Blog:- Best Stock Market Course in India

Beginner’s Guide to Stock Market Trend Analysis: Free Online Course Available

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FAQs

1. What is stock market?

The stock market is where you buy and sell shares of companies. When you buy shares, you own a small part of that company and can earn money if its value increases.

2. What is technical analysis?

Technical analysis is a way to study stock prices and trading volume to predict future price movements. It helps traders decide when to buy or sell stocks.

3. Why is it important to study the stock market?

Studying the stock market is important because it teaches you how to make smart investment decisions and grow your wealth over time.

4. Can I study the stock market through online courses?

Yes, beginners can learn the stock market through free online courses at Taking Forward Stock Market Training. Visit us at https://takingforward.com/ or call +91 8225022022 for more info.

[primetrader01]

Decoding Crypto Trading Patterns: A Guide for Smarter Investments

Crypto trading patterns are crucial tools for navigating the volatile cryptocurrency market. These visual representations of price movements help traders predict future trends and make informed decisions. Leveraging patterns through technical analysis can provide a structured approach to trading, minimizing emotional decisions and maximizing potential profits. This guide will explore key trading patterns, tools, and strategies to help you decode market movements and improve your investment decisions.

Why Crypto Trading Patterns Matter

Crypto trading patterns are essential for understanding market behavior and making smarter trading choices. They help predict whether the market is entering a bullish or bearish trend, aiding in well-timed entries and exits. Patterns also create a disciplined approach to trading, reducing impulsive actions and emotional decision-making. Additionally, they work across trading styles—be it day trading, swing trading, or long-term investing—making them versatile tools for every trader.

Key Crypto Trading Patterns to Know

Understanding specific trading patterns is vital for success:

Candlestick Patterns:

Bullish Patterns:Hammer, Morning Star.

Bearish Patterns: Shooting Star, Evening Star.

Chart Patterns:

Continuation Patterns:Flags, Pennants, and Triangles, which indicate ongoing trends.

Reversal Patterns:Head and Shoulders, Double Top/Bottom, signaling trend reversals.

Breakout Patterns: Identify potential explosive price movements. Visual aids, such as graphics or examples, can help traders quickly recognize these patterns during analysis.

Understanding Support and Resistance Levels

Support and resistance levels are critical markers in technical analysis. Support represents price levels where demand increases, preventing further declines, while resistance marks points where selling pressure intensifies, halting upward movements. These levels are key in validating trading patterns, as they highlight areas for potential trend reversals or continuations, helping traders decide when to enter or exit positions.

Tools for Analyzing Trading Patterns Modern tools make analyzing trading patterns more efficient:

Charting Platforms: Platforms like TradingView, Binance, and PrimeTrader provide detailed visuals and pattern-recognition tools.

Indicators: Tools like RSI, MACD, and Fibonacci retracements confirm patterns and signal strength.

Automation:AI-driven tools identify patterns in real-time and execute trades, offering speed and accuracy. Using these tools helps traders refine their analysis and execute strategies with confidence.

Applying Trading Patterns in Different Strategies Trading patterns adapt to various trading strategies:

Day Trading:Identify intraday patterns like flags or triangles for quick profits.

Swing Trading:Use medium-term patterns for trades lasting several days.

Scalping:Rely on micro patterns for rapid, small-margin trades.

Long-Term Investing:Look for broader patterns, such as the cup and handle, to predict sustained trends. Each strategy benefits from incorporating patterns, tailoring them to specific market behaviors and timeframes.

Common Mistakes to Avoid When Using Patterns While trading patterns are powerful, common pitfalls can hinder success:

Overtrading:Acting on incomplete or weakly confirmed patterns can lead to losses.

Ignoring Volume:Trading volume is a critical factor that validates patterns.

Neglecting Risk Management:Always use stop-loss orders and proper position sizing.

Confirmation Bias:Avoid interpreting patterns to fit preconceived expectations. By steering clear of these mistakes, traders can improve accuracy and profitability.

Advanced Pattern Recognition with AI and Automation

AI and automation are revolutionizing how traders use patterns. Advanced tools can analyze charts and detect patterns in real-time, providing instant insights. Platforms like PrimeTrader incorporate AI-driven features, automating pattern recognition and trade execution. This technology reduces errors and ensures swift responses to market changes, giving traders an edge in a fast-paced environment.

The Role of Trading Psychology in Using Patterns

Trading success depends as much on psychology as it does on technical analysis. Discipline, patience, and objectivity are crucial for interpreting and applying patterns effectively. Sticking to a strategy during volatile market conditions and mastering emotions like fear or greed can significantly improve decision-making. A calm and focused mindset ensures better execution and long-term success.

Conclusion

Crypto trading patterns are indispensable tools for navigating the complexities of the cryptocurrency market. By understanding and applying these patterns, traders can make smarter, more informed decisions and reduce risks. Whether you're day trading, swing trading, or investing long-term, incorporating pattern analysis into your strategy can boost your success.

[prabhatdavian-blog]

Indian Stock Market Trading | Investing: Technical Analysis

Technical analysis is a popular approach in the Indian stock market for both trading and investing. By using patterns, trends, and other market data, technical analysis aims to forecast stock price movements and identify profitable opportunities. Here’s a comprehensive look at how technical analysis works and how it can be applied to the Indian stock market.

1. What is Technical Analysis?

Technical analysis is the study of past market data, primarily price and volume, to predict future price movements. Unlike fundamental analysis, which looks at a company's financial health and growth potential, technical analysis focuses on stock price movements and investor sentiment.

Key Components of Technical Analysis

Price: The most important element in technical analysis. Every stock’s price reflects all available information.

Volume: Shows the level of trading activity and can confirm price trends.

Timeframe: Different trends appear over short, medium, or long periods, affecting decisions for day traders, swing traders, and long-term investors.

2. Basic Principles of Technical Analysis

Technical analysis is based on a few core principles:

Market Discounts Everything: All information is already priced into the stock.

Price Moves in Trends: Prices often move in recognizable trends rather than random patterns.

History Tends to Repeat Itself: Market behavior repeats over time, often due to investor psychology.

3. Tools and Indicators in Technical Analysis

Simple Moving Average (SMA): The average price over a specific period, like 50-day or 200-day, to identify trends.

Exponential Moving Average (EMA): Gives more weight to recent prices, making it sensitive to new information.

Relative Strength Index (RSI)

A momentum indicator that ranges from 0 to 100, indicating overbought (above 70) or oversold (below 30) conditions.

Bollinger Bands

Consist of a moving average with two bands that adjust to volatility, useful for identifying overbought and oversold conditions.

MACD (Moving Average Convergence Divergence)

Combines moving averages to show momentum, often used to spot trend changes.

Support and Resistance Levels

Price levels where a stock historically stops rising or falling, signaling potential entry or exit points.

4. Chart Patterns in Technical Analysis

Indian traders often rely on chart patterns that help predict future price movements.

Head and Shoulders

A reversal pattern that suggests the end of an uptrend.

Double Top and Double Bottom

These patterns indicate potential reversals, with double tops suggesting a bearish reversal and double bottoms signaling a bullish reversal.

Triangles (Ascending, Descending, and Symmetrical)

These patterns indicate periods of consolidation, where the stock is likely to break out in the direction of the broader trend.

Flags and Pennants

Short-term continuation patterns that signal brief pauses in ongoing trends, often indicating that the price will resume its previous direction.

5. Types of Trends in Technical Analysis

Trends are categorized based on the timeframe, providing different insights for traders and investors.

Uptrend

Characterized by higher highs and higher lows, indicating a bullish market.

Downtrend

Marked by lower highs and lower lows, indicating a bearish market.

Sideways/Horizontal Trend

Occurs when prices move within a narrow range, signaling indecision among investors.

6. Timeframes in Technical Analysis

Choosing a timeframe is essential, as it impacts the analysis and strategy.

Intraday: For traders looking to profit from daily price fluctuations.

Swing Trading: Involves holding stocks for days or weeks to capture short- to medium-term trends.

Long-Term: Investors hold positions for months or years, focusing on longer-term trends.

7. Using Technical Analysis for Trading

Traders can use technical analysis to make quick buy or sell decisions based on signals and patterns.

Identifying Entry and Exit Points

Use indicators like RSI, MACD, and support/resistance levels to determine optimal buy and sell points.

Risk Management

Incorporate stop-loss orders to limit losses and protect profits, especially in volatile stocks.

Backtesting

Testing strategies on historical data to gauge effectiveness before applying them in live trading.

8. Using Technical Analysis for Investing

For long-term investors, technical analysis can help optimize the timing of buying or selling, even if they rely more heavily on fundamentals.

Using Moving Averages for Timing

Long-term investors can use moving averages to confirm uptrends before making investments or to decide when to exit.

Support Levels as Buying Opportunities

In bull markets, support levels offer a chance to buy stocks at a relative discount.

Avoiding Overbought Conditions

Long-term investors may avoid stocks with high RSI values (over 70), as they may be due for a correction.

9. Limitations of Technical Analysis

Technical analysis, while powerful, does have its limitations:

Does Not Consider Fundamentals: It ignores a company’s financial health.

Subjective Interpretation: Patterns and indicators can be interpreted differently.

Prone to False Signals: Indicators can sometimes give incorrect buy or sell signals, especially during volatile markets.

10. Practical Tips for Using Technical Analysis in the Indian Market

Focus on High-Volume Stocks: High-volume stocks offer clearer technical signals and less price manipulation.

Combine with Fundamentals: For investment, combine technical analysis with fundamental analysis to make well-rounded decisions.

Stay Updated with News: The Indian stock market can react to political, economic, and regulatory news, impacting technical patterns.

Practice Patience: Technical analysis requires patience and consistency to understand market trends and patterns.

Conclusion

Technical analysis can be a valuable tool for both traders and investors in the Indian stock market. By learning to read indicators, identify patterns, and understand trends, you can make more informed decisions. Whether you're trading daily or investing for the long term, technical analysis provides actionable insights to help navigate the dynamic and often unpredictable nature of the stock market.

[blockinsider]

Bitcoin’s September Kickoff: Bearish Trend and Waning Investor Interest

Key Points

Bitcoin (BTC) begins September with a bearish outlook due to decreased investor demand.

The altcoin industry also experienced a negative impact, with over $152 million liquidated from crypto leveraged traders.

Bitcoin (BTC) signaled a bearish outlook as it started September, following a 9% decline the previous week. This resulted in the cryptocurrency ending August below the crucial support range of $58K to $60K.

Historically, Bitcoin’s performance in September has been poor, particularly following halving events.

Impact on the Altcoin Industry

The altcoin industry was not immune to the bearish volatility of Bitcoin. This led to the liquidation of more than $152 million from crypto leveraged traders.

Despite improvements in fundamental aspects since mid-March, Bitcoin has been stuck in a bearish correction mode. Some analysts have observed the formation of a bullish flag pattern, often associated with a continuation of the previous trend. However, on-chain data analysis indicates a market exodus by investors.

The fear and greed index for Bitcoin dropped to 26 percent, showing extreme investor fear as the Bitcoin price fell below $58k. Glassnode’s market data analysis also showed a sustained decrease in exchange-related on-chain activities, suggesting lower investor interest.

Bitcoin ETFs Experience Significant Outflows

US spot Bitcoin ETFs have seen significant outflows in recent days, mirroring the performance of spot Ether ETFs. On one Friday, the US spot BTC ETFs registered a net cash outflow of around $175.67 million and a total traded volume of approximately $1.54 billion.

Significant outflows from ARK 21Shares Bitcoin ETF (ARKB) and Grayscale’s GBTC have contributed to the overall bearish outlook. Even BlackRock’s IBIT registered zero net cash flows on that Friday.

Upcoming Economic Shifts

Despite the bearish outlook, the supply of Bitcoin on centralized crypto exchanges is at multi-year lows. This could mean that the bearish outlook for Bitcoin might end soon, particularly in light of the upcoming economic changes in the United States.

The US Fed is expected to begin interest rate cuts this month, ushering in a period of ‘easy money’. However, some economists believe these anticipated interest rate cuts could trigger a sell-the-news event in the following weeks.

From a technical perspective, Bitcoin’s price could continue to fall in the coming days, potentially retesting the support level above $54K. However, Bitcoin’s price is expected to rebound in the fourth quarter and the first half of 2025, which could mirror the 2017 bull run.

[nuwanhemal]

BOTT Price Action Guide: Binary Options Turbo Trading, Forex, FX Options, Digital Options BOTT Price Action Guide: Binary Options Turbo Trading, Forex, FX Options, Digital OptionsThe ultimative Price Action guide (7 edition) for any kind of financial instrument (Binary Options, Forex, FX Options, Digital Options) any kind of time frame from 1 min over 5 min up to 15 min, 30 min and above and any kind of broker. This ebook is all you need, especially as a binary option turbo trader or Forex day trader to get profit out of the market, to get out of debt, make yourself a living or help your friends and family and to archieve financial freedom. Don't miss the opportunity to get this ultimative Price Action guide (7 edition)File Size: 12597 KBPrint Length: 118 pagesPublisher: BO Turbo Trader; 7 edition (October 24, 2018)Publication Date: October 24, 2018Content:Mindset for consistent profits- Practice- Win Rate- Discipline- Money Management- Emotions Candlestick Patterns- Hammer, Inverted Hammer, Takuri Line, Shooting Star and Hanging man- Dragonfly Doji, Gravestone Doji- spinning top - long-legged doji, high wave and rickshaw man- Pinbar - Pin Bar - Pinocchio bar or Kangaroo Tail - Tweezer Top and Tweezer Bottom- bearish harami, bullish harami and bullish harami cross and bearish harami cross- three inside down, three inside up- descending hawk and homing pigeon- bearish meeting line - counterattack line and bullish meeting line- bearish belt hold - black opening shaven head - black opening marubozu- bullish belt hold - white opening shaven bottom - white opening marubozu- bearish kicker signal - bullish kicker signal- matching high and matching low- bearish stick sandwich and bullish stick sandwich - bearish breakaway and bullish breakaway- ladder top and ladder bottom - tower top and tower bottom- three stars in the north and three stars in the south- bearish sash pattern and bullish sash pattern- engulfing candlestick pattern or the big shadow pattern- (bearish) dark cloud cover and (bullish) piercing line- Breakaway gap, exhaustion gab, continuation gap and common gaps- rising window and falling window- marubozu and big belt- inside bar and mother bar- evening star, morning star and evening doji star and morning doji star- three white soldiers and three black crowsChart Patterns- Double Top - M Formation - Mammies and Double Bottom - W Formation - Wollahs- J-Hook pattern and inverted J-Hook candlestick pattern- bearish last kiss - bearish pullback and bullish last kiss and bullish breakout- Head and Shoulders and inverted Head and Shoulders Pattern- Trend Channel - uptrend and downtrend- symmetrical triangle- ascending triangle and descending triangle- bullish flag and bearish flag - bullish pennant and bearish pennant - rising wedge and falling wedge- Broadening Bottoms and Broadening Tops- Rectangle Bottoms and Rectangle TopsConcepts- Candlestick Mathematics- Rejection - market move - weak snr and strong snr- trending and ranging market- minor and major trend- adapting forex strategies to binary options turbo trading- proper rejection - invalid rejection- false breakouts - channel breakouts- reversal and retracements- highest probability trading setups- high probability techniques- market pressures and types of market pressures- upper shadow and lower wick or tail- advanced candlestick charting techniques- overbought and oversold - oscilator - RSI CCI Stochastic Oscilator- different market conditions and market conditions examples- cycle of market emotions, psychology and dynamics- trading setups without rejections as confirmation - multiple time frame trading concept, system, methology and strategy- candlestick momenting- direction of candlestick momentum- inside swing and outside swing- support and resistance - minor snr and major snr and much more concepts ... Also by the same author: BOTT Mentorship Self-Study Video Pack 1-4 BOTT Price Action Indicator BOTT Price Action Bible by BO Turbo Trader

[market-news-24]

Shiba Inu has caught the attention of the crypto world once again, rising by an impressive 10% in just seven days. Investors are buzzing with excitement, wondering if SHIB could soon reach the coveted $0.00003 mark. Find out what's driving this surge and what experts are predicting for the future of this popular meme coin. Click to Claim Latest Airdrop for FREE Claim in 15 seconds Scroll Down to End of This Post const downloadBtn = document.getElementById('download-btn'); const timerBtn = document.getElementById('timer-btn'); const downloadLinkBtn = document.getElementById('download-link-btn'); downloadBtn.addEventListener('click', () => downloadBtn.style.display = 'none'; timerBtn.style.display = 'block'; let timeLeft = 15; const timerInterval = setInterval(() => if (timeLeft === 0) clearInterval(timerInterval); timerBtn.style.display = 'none'; downloadLinkBtn.style.display = 'inline-block'; // Add your download functionality here console.log('Download started!'); else timerBtn.textContent = `Claim in $timeLeft seconds`; timeLeft--; , 1000); ); Win Up To 93% Of Your Trades With The World's #1 Most Profitable Trading Indicators [ad_1] Shiba Inu's Potential Bullish Breakout: What Investors Need to Know Shiba Inu (SHIB) has caught the attention of investors with a notable price increase over the past week. Rising nearly 10% in seven days, SHIB has been in the spotlight. However, in the last 24 hours, the trend took a bearish turn, with the meme coin dropping by almost 3%. Is this dip a sign of things to come, or could Shiba Inu be preparing for a massive bull rally? Shiba Inu’s Recent Performance According to CoinMarketCap data, Shiba Inu's price surged impressively over the last week, temporarily reaching a trading value of $0.00002386 and a Market capitalization surpassing $14 billion. Despite these gains, investor sentiment turned negative as the Weighted Sentiment indicator dropped, indicating bearish Market sentiment. Additionally, SHIB’s Social Volume declined, suggesting a decrease in the coin's popularity. This was compounded by a significant 97% drop in transactions on SHIB’s layer-2 protocol, Shibarium, as reported by AMBCrypto. Could Shiba Inu Break Out Bullishly? Despite the recent bearish trend, Shiba Inu might still experience a bullish breakout. SHIB’s price chart shows a bullish flag pattern emerging at the start of March. The coin is currently testing its resistance level, and a breakout from this flag pattern could trigger a notable bull run soon. Key Market Indicators Several key Market indicators support the possibility of a bullish breakout for Shiba Inu. Money Flow Index (MFI): The MFI has shown a sharp uptick, a positive sign for investors. Chaikin Money Flow (CMF): The CMF indicator has also turned bullish, moving northward. Relative Strength Index (RSI): The RSI, however, supports the bearish trend, indicating an ongoing tug-of-war between bulls and bears. Santiment’s data further reveals some mixed signals: While there’s an increase in SHIB’s selling pressure and a decline in the MVRV ratio, whale accumulation indicates strong confidence among large investors. Potential Price Targets If Shiba Inu manages a successful breakout, Hyblock Capital's data suggests that SHIB’s price could initially hit $0.000026. Investors should be cautious, as this level might trigger a slight price correction due to increased liquidation. Should SHIB break past this marker, it could potentially reach $0.00003 in the coming weeks. Conclusion Shiba Inu's recent performance offers a mixed yet compelling outlook for the future. While bearish trends dominate the short-term, the possibility of a bullish breakout remains strong. Investors should stay informed and keep an eye on key Market indicators as SHIB continues to test its resistance levels. For more insights and Shiba Inu price predictions for 2024-2025, visit AMBCrypto's dedicated Shiba Inu section.

Stay ahead of Market trends and make informed investment decisions with our detailed analysis and expert predictions. Win Up To 93% Of Your Trades With The World's #1 Most Profitable Trading Indicators [ad_2] What is Shiba Inu (SHIB)? Shiba Inu (SHIB) is a cryptocurrency token that was created as a meme coin, similar to Dogecoin, and has gained popularity due to its community and social media buzz. Why did Shiba Inu (SHIB) rise 10% in the last 7 days? Shiba Inu rose 10% in the last 7 days because of increased buying interest, positive Market sentiment, and possibly some speculative trading. News and social media trends can also influence the price. Will Shiba Inu reach $0.00003 soon? It's hard to predict if Shiba Inu will reach $0.00003 soon. Cryptocurrency prices can be very volatile and are affected by many factors, including Market trends and investor behavior. Is it a good time to invest in Shiba Inu (SHIB)? Investing in Shiba Inu or any cryptocurrency carries risks due to its volatility. It's important to do your own research and consider your financial situation before investing. What factors could drive Shiba Inu's price higher? Factors that could drive Shiba Inu's price higher include strong community support, positive news, upgrades or developments in the project, and overall Market trends for cryptocurrencies. Win Up To 93% Of Your Trades With The World's #1 Most Profitable Trading Indicators [ad_1] Win Up To 93% Of Your Trades With The World's #1 Most Profitable Trading Indicators Claim Airdrop now Searching FREE Airdrops 20 seconds Sorry There is No FREE Airdrops Available now. Please visit Later function claimAirdrop() document.getElementById('claim-button').style.display = 'none'; document.getElementById('timer-container').style.display = 'block'; let countdownTimer = 20; const countdownInterval = setInterval(function() document.getElementById('countdown').textContent = countdownTimer; countdownTimer--; if (countdownTimer < 0) clearInterval(countdownInterval); document.getElementById('timer-container').style.display = 'none'; document.getElementById('sorry-button').style.display = 'block'; , 1000);

[crudeinourtrading]

What To Expect This Week For Stocks & Gold

Many sectors are slowly firming up with defensive plays at the top of the BAN hotlist. Will this trend continue to carry the market into a new uptrend?

A brief synopsis of topics and charts I cover include:

Are equities trending up or down?

Has a new uptrend begun?

Bonds are up….is a bull flag forming?

What does it mean when the VIX is low?

Gold is down 1%....will this reverse back to the upside?

Where are we in the stock market cycle?

Silver is flat….will it break its recent pattern?

Crude oil, though up 3.5%, is stuck in a pattern.

Utilities have been on fire….is this a bullish or bearish sign?

Watch Todays Free Video Here

[starseedfxofficial]

How the McClellan Summation Index and Bearish Pennants Uncover Market The McClellan Summation Index & Bearish Pennants: Advanced Forex Insights with a Twist Why You Need to Know This Ever feel like your trades are like juggling chainsaws—thrilling but risky? The McClellan Summation Index (MSI) and bearish pennants are two tools that can help you identify market trends and avoid costly mistakes. Combining these tools is like having a GPS for market movements, minus the annoying "recalculating" voice. McClellan Summation Index: The Unsung Hero of Market Breadth Picture this: the MSI is like a market thermometer, giving you a pulse on the health of a trading environment. It aggregates data from the McClellan Oscillator, helping traders see beyond surface-level price action. Think of it as reading between the lines of the market’s diary. Key Insights: - Trend Confirmation: When MSI is rising, it signals strong bullish momentum; a falling MSI indicates bearish dominance. - Divergence Clues: Spotting divergences between price movement and MSI can be a game-changer—it's like finding a cheat code in a video game. - Cautionary Tales: Beware of overbought or oversold extremes; they’re like trading on thin ice. Quick Humor Break: Ever felt the market is gaslighting you? MSI can save you from those "Am I crazy, or is the market?" moments. Bearish Pennants: The Subtle Signal You Can't Ignore Imagine a bear waving a red flag in a crowded room—that's the bearish pennant. This chart pattern indicates a continuation of downward trends, often following a sharp price drop (also known as the flagpole). How to Spot It: - Flagpole Formation: Look for a steep decline preceding the pennant pattern. - Consolidation Zone: Prices consolidate into a small symmetrical triangle. - Breakout Alert: A breakout below the consolidation zone confirms the bearish continuation. Elite Tips: - Use volume analysis to validate the breakout. Low volume during consolidation and high volume during breakout = chef’s kiss. - Combine with RSI or MSI for double confirmation, like checking both the weather app and looking outside. Mastering the Pair: MSI & Bearish Pennants in Action Here’s where the magic happens. Combining MSI with bearish pennants gives you a holistic view of the market. When MSI trends down and a bearish pennant forms, it’s like seeing storm clouds before a thunderstorm—time to grab an umbrella. Step-by-Step Strategy: - Identify the MSI Trend: Is it trending downward? Good, you’re halfway there. - Spot the Pennant: Locate the bearish pennant on your chart. - Validate with Volume: Low consolidation volume and high breakout volume seal the deal. - Plan Your Entry: Enter short positions post-breakout and set tight stop-loss levels. - Monitor & Adapt: Use trailing stops and stay updated with market news. Real-World Example: Bearish Pennant Meets McClellan Summation Index In late 2023, EUR/USD showed classic signs of a bearish pennant. The MSI corroborated this, trending sharply downward. Traders who shorted after the breakout pocketed significant gains. Data doesn’t lie, and neither does a well-executed strategy. Avoiding Common Pitfalls - Ignoring Context: Don’t rely solely on patterns; integrate broader market analysis. - Overtrading: Seeing pennants everywhere? Step back—confirmation is key. - Neglecting Risk Management: Always use stop-loss levels; the market doesn’t owe you anything. Quick Recap - MSI offers a panoramic view of market health, while bearish pennants pinpoint potential downward continuations. - Use these tools together for a one-two punch of insight. - Stay disciplined, and don’t let market emotions cloud your judgment. Trading isn’t just about predicting markets; it’s about managing risk and capitalizing on high-probability setups. The MSI and bearish pennants might just become your new best friends. —————– Image Credits: Cover image at the top is AI-generated Read the full article

[stockmarketanalysis]

Mastering the Markets: 18 Essential Chart Patterns Every Trader Must Know

Introduction: Chart patterns are the heartbeat of technical analysis in the financial markets. Understanding these patterns can provide traders with valuable insights into market sentiment, potential price movements, and opportunities for profitable trades. Whether you're a novice trader or an experienced investor, mastering these chart patterns is crucial for success in the dynamic world of trading. In this article, we'll delve into 18 essential chart patterns every trader must know to navigate the markets with confidence and precision.

Head and Shoulders Pattern: The head and shoulders pattern is a reversal pattern that signals a potential trend change. It consists of three peaks – a central peak (the head) flanked by two smaller peaks (the shoulders) of similar height. This pattern indicates a shift from bullish to bearish sentiment.

Double Top and Double Bottom: Double top and double bottom patterns are also reversal patterns. A double top forms after an uptrend, indicating a possible trend reversal to the downside, while a double bottom occurs after a downtrend, signaling a potential reversal to the upside.

Triangles (Symmetrical, Ascending, Descending): Triangles are continuation patterns that represent a period of consolidation before the price resumes its previous trend. Symmetrical triangles have converging trendlines, while ascending triangles have a horizontal resistance level and an upward-sloping support line, and descending triangles have a horizontal support level and a downward-sloping resistance line.

Flags and Pennants: Flags and pennants are short-term continuation patterns that occur after a strong price movement. Flags have parallel trendlines, while pennants have converging trendlines. These patterns indicate a brief pause in the trend before it continues in the same direction.

Cup and Handle Pattern: The cup and handle pattern is a bullish continuation pattern that resembles the shape of a tea cup. It consists of a rounded bottom (the cup) followed by a consolidation period (the handle) before a breakout to the upside.

Wedges (Rising and Falling): Wedges are reversal patterns characterized by converging trendlines. Rising wedges slope upward and typically signal a bearish reversal, while falling wedges slope downward and often indicate a bullish reversal.

Rectangles (Continuation and Reversal): Rectangles are consolidation patterns that form when the price moves sideways between parallel support and resistance levels. A continuation rectangle occurs within an existing trend, while a reversal rectangle suggests a potential trend change.

Triple Top and Triple Bottom: Similar to double top and double bottom patterns, triple top and triple bottom patterns are reversal patterns that indicate a possible trend reversal after three attempts to break a significant level of support or resistance.

Inverse Head and Shoulders Pattern: The inverse head and shoulders pattern is a bullish reversal pattern that mirrors the traditional head and shoulders pattern. It consists of three troughs – a central trough (the head) flanked by two smaller troughs (the shoulders) – and signals a shift from bearish to bullish sentiment.

Bullish and Bearish Engulfing Patterns: Engulfing patterns occur when the body of one candle completely engulfs the body of the previous candle. A bullish engulfing pattern forms at the end of a downtrend and suggests a potential reversal to the upside, while a bearish engulfing pattern forms at the end of an uptrend and indicates a possible reversal to the downside.

Hammer and Hanging Man: Hammer and hanging man candlestick patterns are single candlestick patterns with long lower wicks and small bodies. A hammer occurs at the bottom of a downtrend and signals a potential reversal to the upside, while a hanging man forms at the top of an uptrend and suggests a potential reversal to the downside.

Morning Star and Evening Star: Morning star and evening star patterns are three-candle reversal patterns. A morning star forms at the bottom of a downtrend and signals a potential reversal to the upside, while an evening star forms at the top of an uptrend and indicates a possible reversal to the downside.

Conclusion: Mastering chart patterns is essential for traders looking to navigate the complexities of the financial markets successfully. By understanding these 18 essential chart patterns, traders can identify potential opportunities, manage risk effectively, and make informed trading decisions. However, it's essential to remember that no pattern guarantees success, and traders should always use additional tools and analysis to confirm their trading signals. With practice and experience, traders can harness the power of chart patterns to achieve their trading goals and thrive in the ever-changing world of finance.

[drewssam]

Ripple Spikes Above $0.34 After Opening the Week on a Low

On Monday, Ripple (XRP) experienced a resurgence in its price, climbing back above the $0.34 mark after a brief dip below it earlier in the week. This recovery followed a period of uncertainty driven by the ongoing SEC v Ripple case, which has left investors wary of potential implications for XRP's future.

Despite recent fluctuations, XRP has shown signs of bullish momentum, with its price fluctuating between key resistance levels, notably the 50-day EMA at $0.3452 and the 200-day SMA at $0.3476. The currency's movement suggests a potential bullish breakout, supported by technical indicators such as the bullish flag pattern on the 4-hour chart, along with the Relative Strength Index trending above 50 and the MACD crossing into positive territory.

If the bulls manage to sustain momentum and breach the resistance level at $0.3452, further gains could be on the horizon, potentially targeting resistance levels at $0.35 and beyond. Conversely, a bearish scenario could see XRP dropping back towards the key support level at $0.33.

Overall, Ripple's performance at the start of the week indicates a resurgence of bullish sentiment, fueled by technical indicators and investor optimism, despite lingering uncertainties surrounding the SEC case.

[p5ravin]

Bitcoin Bull Market Concerns Rise as Long-Term Holders Monitor Exchange Deposits

Bitcoin, the pioneering cryptocurrency, is experiencing growing concerns within the market as long-term holders closely monitor exchange deposits, sparking speculation about the sustainability of the current bull market.

Long-term holders, often considered as a barometer of market sentiment and stability, are scrutinizing the flow of Bitcoin into cryptocurrency exchanges. The recent increase in Bitcoin deposits to exchanges has raised red flags among these holders, who interpret this activity as a potential sign of profit-taking or a shift in sentiment from long-term holding to short-term trading.

The influx of Bitcoin into exchanges can have various implications for the market. On one hand, increased deposits may suggest that long-term holders are considering liquidating their positions or taking profits in response to perceived market conditions. This could lead to downward pressure on Bitcoin's price as selling activity intensifies.

On the other hand, heightened exchange deposits could also indicate increased interest from new market participants or traders looking to capitalize on short-term price movements. In this scenario, the influx of Bitcoin into exchanges may not necessarily signal a bearish trend but could instead contribute to increased trading activity and market liquidity.

Amidst these concerns, market analysts are closely monitoring key technical indicators and on-chain metrics to assess Bitcoin's price trajectory and gauge investor sentiment. Metrics such as exchange inflows, on-chain transaction volume, and whale activity provide valuable insights into market dynamics and can help identify potential trend reversals or continuation patterns.

While the recent increase in exchange deposits has raised concerns among some market participants, it's essential to consider the broader context and macroeconomic factors influencing Bitcoin's price dynamics. Factors such as inflationary pressures, monetary policy decisions, and geopolitical tensions can all impact investor sentiment and contribute to short-term fluctuations in the cryptocurrency market.

Moreover, Bitcoin's fundamentals remain strong, with growing institutional adoption, increasing mainstream acceptance, and infrastructure development supporting its long-term growth prospects. Despite short-term concerns, many analysts remain bullish on Bitcoin's outlook, citing its scarcity, store of value properties, and potential as a hedge against inflation and currency devaluation.

As Bitcoin continues to evolve and mature as an asset class, it's natural for market participants to experience periods of uncertainty and volatility. Traders and investors are advised to exercise caution, conduct thorough research, and adopt risk management strategies to navigate the dynamic cryptocurrency market successfully.

In conclusion, concerns about Bitcoin's bull market trajectory are mounting as long-term holders closely monitor exchange deposits, sparking speculation about market sentiment and stability. While increased exchange activity may raise red flags for some investors, it's essential to consider broader market dynamics and macroeconomic factors influencing Bitcoin's price trajectory. As the cryptocurrency market continues to evolve, vigilant monitoring of key metrics and disciplined trading approaches will be essential for navigating market uncertainties and capitalizing on potential opportunities.