Candlestick Analysis
Polkadot/USD short trade 4HThe market sentiment has changed to bullish for a small period of time.
So that means I'm looking for sell opportunity's because the price will fall down after a small bullrun like this.
Polkadot is one of the candidates that is reaching a nice supply zone.
So the trade idea is simple I place a limit buy order at the indicated area, and if price is exhausted enough if will fall down very quick.
Bonk long term buy opportunity upcoming bullrunNormally I only short term trade the markets with supply demand methology.
But Bonk on the weekly timeframe looks pretty solid.
There is a strong demand zone indicated in the blue zone.
The last move up was explosive, so I place my limit order in the demand zone 50%
And from there I surf the wave next bullrun to new all time highs.
For now I have my TP at 200% but I can trail my SL when I see the price has more room to go.
Fantom long term buy opportunityI only hold a couple of coins for longer term if I see a stong technical setup.
Fantom is one of the crypto's I hold for the next bullrun, so longer term investing.
No short term trading.
The reason is the price is at a stong demand level on the weekly chart supported bij the 200 MA.
At such a demand level a lot of buy orders will be triggered and also whales look for this kind of levels to step in heavy in the market.
I see the price moving up explosive from here, we also are far away form previous all time high so 300% up is not a strange number.
VIRTUALUSDT - My swing trade with lots of upside!BYBIT:VIRTUALUSDT
I've been trading this coin successfully in 1m - 15m charts from around 13-Dec-24. I've realised there is potentially a lot more upside and more gains to be had by switching to a swing trade and let it run.
I have started a swing position (see inside chart screenshot) on 31-Dec-24 and is currently up, using the liquidation level as my SL to allow the trade plenty of room to move.
Will adjust SL accordingly in the next few days depending on price action and trend.
AAVE/USD 2H bullish tradeAAVE is at such a nice demand zone, I'm already long on this pair.
But you can still enter since we are hovering at the demand base and the trade didn't take of yet.
The 200 MA is supporting it also on the 4H, but I'm trading it on the 2H tf because the demand zone is better visible.
You see the price is slowing down and stalling in the demand zone that's also a good sign
8% is the tp level
Quick 26% anyone? How about 80%? $BLZUSDIn at 0.0555, holding for a bare bare minimum of 0.07 for a rough 26%.... But fully anticipate this to reach 0.10 or higher for at least 80%… Maybe much much much higher... This is a short blast off and bail out... who wants to do some orbital skydiving?
This could happen any minute, but I might be a day early...
I welcome you to make this comparison... that huge shot up on GMT happened in about five seconds flat this morning.
Long trade
1Hr TF overview
Pair DOGEUSDT
Buyside trade
Mon 30th Dec 24
5.00 pm
NY to Tokyo Session PM
Entry 0.31324
Profit level 0.33755 (7.76%)
Stop level 0.30776 (1.75%)
RR 4.44
Reason: The buy-side momentum since Monday, December 30th, 2024, reaching a pivotal demand zone and making an internal higher low from the NY to Tokyo session - indicates a buy-side trade idea.
The Year that was and the year that can be. 2024/2025 story.Highlights of 2024:
a) Single digit return for Nifty in 2024. Nifty and Sensex rise 9% each.
b) Mid and Small Cap both rise 24% each.
c) Pharma and Real Estate both rise 40% each.
d) Trent, M&M and Bharti Airtel are the best performing Nifty stocks.
e) Asian Paints, Indusind Bank and Nestle are the worst performing Nifty stocks.
f) Dixon, BSE, OFSS and RVNL are the best performing Midcap stocks.
g) Vodafone Idea, AU SFB & Bandhan Bank are top Mid cap loosers.
Zones Where Nifty can form base and give closing in 2025.
Pessimistic Zone: In case of very negative year and some global catastrophe we can find Nifty forming a bottom between 19922 to 18476. *(Looks very unlikely as of now)*
Negative Zone: In case we have a negative closing for the year we may find Nifty closing the year between 21137 to 19922. *(Possible but we might get a bottom here and then the index might move upwards)*
Neutral Zone: The combination of Neutral to negative and neutral to Positive zone ranges from 26277 to 21137. Nifty can consolidate in this range. *(These are the lows and high of 2024).*
Positive Zone: We can see Nifty making a new high above 26277 and 27880. After which we can see a dip and further consolidation. *(A probable scenario)*
Optimistic Zone: In case we have a fantastic year we might see Nifty making a major peak between 27880 and 30060. *(This is a very optimistic scenario and less likely but you can never say never)*
Above assumptions of Nifty in 2025 are made based on Fibonacci Retracement applied from top to bottom and Bottom to top on the 2024 candle.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Short gold, aiming for 2600-2590Bros, gold rebounded after touching 2596 overnight, and has now rebounded to 2617. Although gold has gradually recovered, the momentum behind the rebound appears notably weak, leaving the sustainability of the recovery uncertain. Furthermore, despite the rebound from the 2596 level, there are no clear signs of bottoming out, which suggests that gold currently lacks the conditions for a trend reversal. This movement is likely just a correction to the sharp decline from yesterday, making it highly probable that gold will retrace after the rebound and retest its support levels.
In the short term, resistance is concentrated in the 2618-2625 range. If the rebound lacks the momentum to decisively break above this resistance, gold is likely to retest the 2600-2595 support zone. Should this zone be breached, the downtrend could extend further to the 2585-2580 range.
For short-term trading, I have entered a short position on gold at a price of 2615.62, using the 2618-2625 range as resistance. I anticipate that gold will once again test the 2600-2595 region. As for whether gold will extend its decline to the 2585-2580 zone, let’s wait and see!
Bros, are you optimistic about the continued decline of gold? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!