Tesla Is Driving Bitcoin Price HigherWe talked about a strong positive correlation between Tesla and Bitcoin in the past and now that Tesla is extending strongly higher, Bitcoin is following, of course. Both of them slowed down recently, but notice that Tesla made only a three-wave ABC corrective decline in wave (4) that can now resume its bullish trend for wave (5), so Bitcoin could follow sooner or later.
Basic Impulsive Bullish Pattern should be made by five waves. It shows that Tesla and Bitcoin could be trading in wave (4) correction before a continuation higher for wave (5).
Bullish Patterns
WWW - Wormhole’s Winning WaveHello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 W has been bullish from a macro perspective, trading within the flat rising wedge in blue.
Currently, Wormhole is in a correction phase approaching the lower bound of the wedge.
Moreover, the $0.2 - $0.23 is a strong support zone.
📚 As per my trading style:
As #W is around the lower bound of the wedge, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) and target the $0.5 round number for the next bullish phase.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
CAD/JPY BEST PLACE TO BUY FROM|LONG
Hello, Friends!
CAD/JPY pair is in the uptrend because previous week’s candle is green, while the price is clearly falling on the 5H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 109.618 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is likely.
✅LIKE AND COMMENT MY IDEAS✅
ETHUSD - I still believe (on the H&S pattern)While I'm not an hyper fan of H&S pattern but this one forming is already so beautiful that I want it to happens to illustrate my futures arguments,
saw a lot of ppl talk about h&s pattern the past days on BTC, the leg would have started on November and bring us to 80k, something like this. Not a pro but I learnt that the pattern has to be kinda well drawn to be called an H&S, forming proper top and lows with proper neckline, and be well timed.
that is/was absolutely not the case for BTC and that why I remain bullish for now (yes, I risk it a bit saying that here and now)
even in the case where BTC goes under 90k, we can't call this an H&S, by respect of all the real H&S out there. That's also why most of the times it looks like ppl fail using this pattern, they use it on everything
BUT in this case for ETH this looking really juicy atm, I don"t have specific target for now I dont think eth will pass above 12K for this year but lets see
Cheers, have a good day
Trade Setup: NEAR Long OpportunityMarket Context:
NEAR is retracing alongside the broader market, presenting a favorable opportunity for a long spot trade at a key support level. With AI being a strong narrative, NEAR is positioned for potential growth in this sector.
Trade Details:
Entry Zone: Around $4.2
Take Profit Targets:
$5.00
$5.50
Stop Loss: Below $4.00
This trade takes advantage of NEAR's retracement to enter at a critical support level with favorable upside potential. 📈
Xometry (XMTR) AnalysisCompany Overview:
Xometry NASDAQ:XMTR is a leading marketplace for custom manufacturing, connecting buyers and suppliers through an AI-powered platform. The company's platform spans a broad range of industries, offering services such as CNC machining, 3D printing, injection molding, and sheet metal fabrication.
Key Growth Drivers
International Expansion:
Global Scaling Efforts:
Xometry is expanding its reach beyond the U.S., targeting international markets where demand for custom manufacturing is rising due to increasing industrialization and digital transformation.
The company’s global presence positions it to tap into diverse manufacturing needs across Europe, Asia, and beyond, creating new revenue streams.
AI-Enabled Platform:
Smart Manufacturing:
Xometry’s AI-powered platform connects customers to suppliers, optimizing processes such as quoting, production management, and quality control. This provides a competitive edge in providing fast, reliable, and cost-efficient services.
The platform’s automation capabilities drive operational efficiency, creating a seamless manufacturing experience for users.
Focus on High-Growth Sectors:
CNC Machining and 3D Printing:
These high-demand services, which are critical in industries like aerospace, automotive, and consumer electronics, provide Xometry with a solid foundation for long-term growth.
With growing demand for additive manufacturing (3D printing) and precision machining, Xometry is well-positioned to benefit from these trends.
Market Positioning and Tailwinds
Industry Leadership:
As a key player in the custom manufacturing space, Xometry benefits from being a one-stop-shop for a wide range of industries, differentiating itself from competitors with a diverse service offering.
Customization Trend:
The growing trend towards personalized products and on-demand manufacturing is fueling the need for Xometry's solutions, positioning the company to scale rapidly in an evolving marketplace.
Strategic Partnerships and Acquisition Potential:
Xometry's ability to acquire new companies and form strategic alliances enhances its market leadership and expands its technological capabilities, especially in automation and AI integration.
Financial and Stock Outlook
Bullish Momentum Above $34.00-$35.00:
Given the company’s strong growth drivers, international expansion, and technological advancements, Xometry is poised for continued success in the custom manufacturing space.
Upside Target: $68.00-$70.00, reflecting confidence in its scalability, innovative platform, and growing market presence.
Investor Confidence:
Xometry's unique market position, technological capabilities, and focus on high-growth sectors make it an attractive investment, appealing to those seeking exposure to the future of manufacturing.
Conclusion
Xometry’s AI-enabled platform and focus on high-growth manufacturing sectors provide a strong foundation for future growth. As the company expands globally and continues to innovate, it remains well-positioned to capitalize on the increasing demand for custom, on-demand manufacturing services.
📈 Recommendation: Bullish on XMTR above $34.00-$35.00, targeting $68.00-$70.00.
Applied Optoelectronics (AAOI) AnalysisCompany Overview:
Applied Optoelectronics NASDAQ:AAOI specializes in optical network solutions, serving data center, telecom, and broadband markets. With a focus on high-speed fiber optics, AAOI is at the forefront of next-generation communication technologies.
Key Growth Drivers
Innovative Fiber Designs:
Partnership with Credo Technology:
Joint development of 400G and 800G fiber optic solutions addresses rising demand for high-speed, low-latency networks in data centers.
These innovations lower power consumption and costs, strengthening AAOI's competitive edge.
Positioned to capitalize on the ongoing shift toward 800G architectures as hyperscalers scale their infrastructure.
Strategic Index Inclusion:
Russell 3000 Index Membership:
Elevates AAOI’s profile among institutional investors, potentially increasing liquidity and long-term stock valuation.
Patent Lawsuit Potential:
Ongoing litigation against Accelight Technologies could result in financial gains or licensing agreements, adding a non-operational upside to AAOI’s valuation.
Market Positioning and Tailwinds
Expanding Demand for Fiber Optics:
Rapid adoption of cloud computing, 5G, and AI drives demand for higher bandwidth and lower latency.
AAOI’s ability to deliver cost-effective and energy-efficient solutions positions it well in this competitive market.
Diversified Customer Base:
Serving key markets—data centers, telecom, and broadband—provides revenue diversification and reduces dependence on a single vertical.
Operational Strength:
Continued R&D investments ensure a pipeline of innovative products, maintaining AAOI’s technological leadership in optical components.
Financial and Stock Outlook
Bullish Momentum Above $28.50-$29.00:
With its innovative product line and strategic advancements, AAOI is well-positioned for growth.
Upside Target: $60.00-$65.00, reflecting optimism about its market share expansion and potential litigation gains.
Investor Appeal:
Strategic partnerships, inclusion in the Russell 3000, and innovation-focused operations make AAOI attractive to growth-focused investors.
Increased institutional interest could serve as a catalyst for sustained stock performance.
Conclusion
Applied Optoelectronics is strategically positioned to benefit from the increasing demand for high-speed optical networks. Its focus on cost and energy-efficient fiber solutions, coupled with institutional tailwinds, underscores its growth potential.
📈 Recommendation: Bullish on AAOI above $28.50-$29.00, targeting $60.00-$65.00.
Is ZEN Preparing for a Bounce? Key Levels to WatchZEN recently broke down from a 10-day descending triangle, signaling bearish continuation with strong selling volume. This triangle forms the B wave of an ABC corrective pattern, indicating further downside is likely before any potential reversal. Let’s dive into the technical details and key levels to watch.
Key Observations and Levels:
1.) Descending Triangle Breakdown:
The measured move target of the descending triangle lies at $18.7, aligning perfectly with multiple confluences:
The 0.702 Fibonacci retracement from the recent lows.
The previous trading range highs, adding historical support to this level.
2.) Fair Value Gap (FVG):
Back in December, ZEN broke out of its previous trading range, leaving an unfilled FVG around $19.5, our previous high on December 7th, 2024.
This gap represents a significant area where price may return before resuming its trend.
3.) Support Zone – $20 to $18.7:
The $20 psychological level is a key point and aligns with our support trendline from previous lows.
The Fibonacci negative 1 extension of the descending triangle also targets $18.7, further reinforcing this level as a significant support.
4.) Trade Setup:
The $20–$18.7 zone presents a strong support area with multiple confluences, making it a favourable entry point for a long position.
However, confirmation is essential! Watch for bullish candle patterns and volume signals before entering.
Conclusion:
ZEN’s breakdown from the descending triangle suggests further downside, but the $20–$18.7 zone offers a robust support area with several technical alignments: Fibonacci retracements, the descending triangle target, historical range highs and an unfilled FVG.
This zone presents an attractive long opportunity, provided confirmation signals are present. Monitor the price action closely in this range to capitalise on a potential bounce.
Happy trading everyone!
NZD/JPY LONG FROM SUPPORT
Hello, Friends!
We are going long on the NZD/JPY with the target of 88.170 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band.However, we should use low risk here because the 1W TF is red and gives us a counter-signal.
✅LIKE AND COMMENT MY IDEAS✅
Exide Industries out of consolidation and ready to take off.After a period of consolidation 📉, Exide Industries seems to be building a solid base and is showing signs of renewed bullish momentum 📈. Recently, it also bounced from its 200 EMA, which is an important reversal signal 📊, indicating a potential shift in market sentiment. The consolidation phase likely allowed the market to absorb earlier gains, setting the stock up for its next upward move 🚀. Investors might see this as a prime time to enter, with the potential for continued growth looking promising based on current technical indicators 🔍.
View invalidates below 400 on daily close.
Disclaimer: All ideas are my personal views and not financial advise. I do not have any Telegram channel nor do I sell any courses.
XRP ANALYSIS 🌸#XRP Analysis : Bullish Trend 🚀🚀
🚀As we can see that #XRP was making higher highs and higher lows. But finally we can see a breakout of flag and pole pattern. It indicates a bullish trend after it retest the inclining trendline. 💲💲
🔖 Current Price: $2.5454
⏳️ Target Price: $2.7055
⁉️ What to do?
- We can trade according to the #XRP chart and make some profits. Keep your eyes on chart price action, observe trading volume. Always observe market sentiments and update yourself everyday.🔰🔰
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#XRP #Cryptocurrency #Breakout #TechnicalAnalysis #DYOR
PENGU Last Chance!The two longs I presented are what I believe Pengus' last bullish scenarios.
If PA breaks through the Bullish equilibrium level, I will extend my long position past the hidden liquidity and find an entry to share there.
However, if the price should fail to reach that price I will look at the demand zone below (0.786 fib) for my next entry.
Obviously, I will take into consideration crypto market conditions but for the short term, I expect to see some upside.
Thanks
bch sell midterm buy limit"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
TAO Bittensor Bullish Chart prediction 2025TAO Bittensor
TAO is the safest high-cap AI gem out there. Any price below $430 is good for the long term if you missed 220 train.
Future Potential: Bittensor's TAO leverages artificial intelligence (AI) to enhance blockchain efficiency and scalability. As AI technology advances, TAO could revolutionize how data is processed and managed on the blockchain.
Latest News: Bittensor's TAO Recognized for Groundbreaking AI Integration
Grayscale Investments has rebalanced its Digital Large Cap Fund, now allocating 90% to Bitcoin and Ethereum, with the remaining 10% divided among XRP, Solana, and newly added Cardano, replacing Avalanche.
The reshuffle was influenced by the CoinDesk Large Cap Select Index, reflecting Cardano's 75% rally over the past year compared to Avalanche's stagnant performance.
In the GSCPxE Fund, which excludes Ethereum, Solana and Cardano dominate with a 75% weighting, while Sui has been introduced with an 8% allocation, alongside Avalanche, NEAR Protocol, and Polkadot.
The AI Fund has diversified its holdings, with NEAR Protocol at 30%, followed by Render, Bittensor, Filecoin, and The Graph, and a new 2.8% allocation to Livepeer.
Grayscale's Decentralized Finance Fund has replaced Synthetix with Curve, maintaining a strong focus on Uniswap and Aave.
The company aims to convert its Digital Large Cap Fund and Solana Trust into ETFs, anticipating a favorable regulatory environment under the SEC.
CHF/JPY BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
CHF-JPY downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 175.342 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the CHF/JPY pair.
✅LIKE AND COMMENT MY IDEAS✅
sol buy midterm"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
EURCHF Is Approaching The Main TrendHey Traders, in today's trading session we are monitoring EURCHF for a buying opportunity around 0.93700 zone, EURCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.93700 support and resistance area.
Trade safe, Joe.