$BTC Dropped Down again and LONG Setup for $105K Price level ✨ BINANCE:BTCUSDT Dropped Down again and LONG Setup for $105K Price level area see on chart...
MicroStrategy's Saylor Pitches $600 Million Bitcoin Buy to Jeff Bezos, Coming, SHIB Burns Jump 936%:Crypto News Digest by U.Today. Bitcoin Santa rally' buyers step in to drive BTC price to FWB:98K and Bitcoin (BTC) passed $98,000 after the Dec.
24 Wall Street open as "large spot buyers" lifted deflated BTC price action.The latest data from monitoring resource CoinGlass put 24-hour BTC short liquidations at nearly $40 million at the time of writing, with the cross-crypto total at $150 million. "Nice strength in bitcoin today," fellow analytics account Bitcoindata21 continued alongside a chart showing necessary volume-weight average price (VWAP) levels to reclaim next.
Santa rally talk returns as BTC price gains $5,000 Data from Cointelegraph Markets Pro and TradingView showed BTCUSD hitting new local highs of $98,020 on Bitstamp. Up by more than 3% on the day, Bitcoin attracted fresh bids after a shaky start to the week saw a retest of December lows.
"Yesterday, Bitcoin showed some signs of a relief rally after which price was rejected to almost new lows. Today, Bitcoin is rebounding yet again and once again into the old support," he wrote. "Overall, as long as the previously lost supports turn into new resistance additional downside should be expected. Conversely, a reclaim of these previously lost supports would obviously be bullish."
Disclaimer: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not available for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment.
Chartanalysis
A Bullish Merry BTChristmasGlad this year Christmas isn't different from others before it, for all Crypto traders.
Bitcoin CRYPTOCAP:BTC flipped bullish on the eve of Xmas. My Yellow trend line was a huge confirmation for me. It reclaimed and broke above it.
3 Green back-to-back candles in 1 minute ✨✨✨
Happy Merry B-T-C hristmas 🎄🎅
Beautiful trade year for me and the entire Bulls
SOLANA Bull Flag (UPDATE)The solana token move-UP has begun , I published a previous idea where I spotted the bull flag earlier, while building up.
Previous idea here below, if you missed it.
A near resistance level has just been broken to confirm that CRYPTOCAP:SOL is ready to push up on a parabolic run, despite bitcoin dumping. I am holding from GP price level. My hopeful target is $300 - $500 .
CRYPTOCAP:SOL is expected to go back to previous high price. More update to follow as we go along
Merry Christmas TRADENATION:SOLANA 🎄🎅
Comment if you agree. Like if you disagree
"BTC/USD Price Action Analysis: Key Resistance Levels Ahead""Hello Traders,
Here's my latest analysis of Bitcoin (BTC/USD) using price action techniques. The market has recently shown a significant downward move, but there is a potential for recovery based on the current structure.
Key Levels Identified:
Support: $95,548
Immediate Resistance: $102,826
Major Resistance: $107,841
Scenario Overview:
Based on the current price action, I anticipate a potential bullish reversal from the $95,548 support level. The market may test the resistance levels at $102,826 and then move towards $107,841.
Trade Plan:
Entry: Around $96,000 (upon confirmation of reversal)
Stop Loss: Below $95,000
Take Profit 1: $102,826
Take Profit 2: $107,841
The yellow horizontal lines represent key support and resistance zones, and the projected white path shows my anticipated price trajectory.
This analysis is not financial advice; it's for educational purposes only. Feel free to share your thoughts in the comments and let me know your perspective!"
S&P500: Strong SurgeOn Friday, a strong surge propelled the S&P500 upward, so the index is beginning the new week at distinctly higher levels. Still, in our primary scenario, we anticipate a significant sell-off during the turquoise wave 2, which should drive the S&P down into our turquoise Target Zone between 5616 and 5368 points. In this range, the turquoise impulsive wave 3 should start and deliver a robust upward movement beyond the resistance at 6169 points. However, there is a 36% chance that the index will reverse upward prematurely and surpass the resistance at 6169 points earlier during an alternative blue five-wave structure.
PNUT Double Bottom Signal
The $PNUT Peanut the Squirrel token did a whooping 70% correction
It even broke GP. Thanks to BTC it had a role to play in this too. But huge support held PNUT at $59 - $0.61 .
A clear and obvious Double Bottom has appeared in the chart . This is a bullish signal , which means PNUT is ready to go back up. I am holding from $0.61. The blue-line support-turned-resistance line needs to be broken.
See target and resistance levels expected on the chart. Goodluck. BTC is again crucial for this momentum to continue .
Correct me if i'm wrong. Like if you disagree. Comment if you agree 👍
Cloudflare: ResistanceBy expanding the green wave 3, NET recently stretched above the resistance at $117.70. However, the stock only briefly surpassed this level before encountering selling pressure, which pushed it back to its early December levels. Primarily, we expect the price to overcome this resistance to complete the green five-wave structure and, thus, the orange wave iii. A still ongoing wave alt.ii correction remains a possibility in the context of our 30% likely alternative scenario.
#ETHEREUM - BUY THE DIP LIKE A CHILL GUY ?Is now a good time to go long on Ethereum?
Looking at the Fibonacci levels, we can see that Ethereum has just bounced off the golden pocket. This could signal a strong potential for upward momentum.
Here’s my idea:
1. Enter a long position here and aim to hold until the 1.618 Fibonacci extension level.
2. Along the way, consider scaling into the trade at key retracements to maximize gains while managing risk effectively.
What are your thoughts? Would you take this trade, or do you see other opportunities forming? Let’s discuss below!
Chevron: Progress!Chevron has dropped decisively, significantly advancing our primary scenario. In this scenario, we expect the ongoing turquoise wave 2 to find its low just above the support at $135.37, which should set the stage for fresh upward movement. In the meantime, the probability of our alternative scenario has been reduced to 32%. Still, the possibility of an already established low of the turquoise wave alt.2 and, thus, a direct breakout above the resistance at $166.91 should be considered.
XAU/USD - Gold Long trades"After yesterday's sharp decline in XAUUSD, the market is showing signs of stabilization, creating potential opportunities for long trades. Key support levels have held firm, suggesting bullish momentum could resume as buyers step in. We must closely monitor price action for confirmation, targeting a potential recovery towards key resistance zones. As always, proper risk management is essential. Let's see how this plays out!"
The bullish side breakout of 200 EMA in the 15-minute and 5-minute charts can be a good sign of a market uptrend.
Entry 1st zone - 2630-2640
Entry 2nd zone - 2673-2683
Entry 3rd zone - 2726-2736
$QS Quantum QrazyDon't miss this. Possible port changing play here. Quantum is disgustingly hot, this ticker has had larger highs year ago and above $9 this year. Trend in the sector and volume. IV% on options are exquisite, use it to your advantage. I grabbed $6c 1/17/2025 and $10c 1/17/2025. Talk to you soon.
Wall St. Lsr
Fantom: Bullish OutlookEarlier this week, Fantom attempted to break above the resistance at $1.39 but has so far struggled to sustain the upward momentum. We assume that the sharp pullback to $1 early last week has marked the completion of the green corrective wave . Accordingly, Fantom should now be in the impulsive ascent of the green wave , which should soon surpass the $1.39 resistance.
$MRNA hasn't been here since APRIL 2020.. pt. 2Posted a quick chart via phone earlier but had to take a look on the desktop. A crucial point here at a supply that once took off 4 years ago.. interesting. Target is $35, leave runners once $36 hits. This could have been a bottom for NASDAQ:MRNA but after the rebalancing of the NASDAQ this may bottom out at $30.
WSL
#NIFTY Intraday Support and Resistance Levels - 18/12/2024Today will be gap down opening expected in nifty. After opening if nifty starts trading below 24250 level then strong fall expected upto 200+ points. Any upside rally only expected if nifty susitan above the 24300 level. Upside 23500 level act as a strong resistance for today's session.
[INTRADAY] #BANKNIFTY PE & CE Levels(18/12/2024)Today will be gap down opening expected in banknifty. After opening it will take support at the level of 52550. Expected reversal from this level. Upside 52950-53000 zone will act as a resistance for banknifty. Below 52450 level strong downside rally expected in banknifty upto 52050 level.
ETHEREUM: UNDERVALUED? WHAT IS THE NEXT MOVE?!In my opinion, Ethereum is currently very undervalued. However, I could see a potential correction to the downside in the short term to liquidate excessive leverage. Once the next weekly candle closes above the trendline, I believe Ethereum could experience a strong price surge upwards, potentially reaching the all-time high, and then targeting Fibonacci levels.
Potential Scenarios:
1: Breakout Above Trendline: A close above the trendline on the weekly chart could signal a bullish move towards new highs.
2: Downside Correction: A slight dip could be seen to clear out leverage before a potential move upwards.
What do you think the next Ethereum move will be? Is it more likely to be scenario 1 or 2?
Let me know your thoughts!
#DOGECOIN - CRASH TO $0.27 BEFORE HEADING TO THE MOON ?!will dogecoin experience a dip to $0.27 before skyrocketing towards $0.74 and eventually $1? Some indicators suggest we might see a liquidity sweep with a few wicks to shake out leveraged positions before the real bullish momentum kicks in.
what dou you think will happen?:
1️⃣ bullrun towards new highs without major corrections?
2️⃣ drop to $0.27 for liquidity before the breakout?
share your thoughts below!
Palantir: Target Zone Ahead!We now primarily assume that Palantir’s turquoise wave 3 has concluded at $82.72. For the ongoing turquoise wave 4, we have outlined a matching Target Zone (coordinates: $59.15 – $51.84), where the price should complete its interim correction and realize an upward trend reversal. However, as part of our alternative scenario, there is a 33% chance that the price will surpass the $82.72 mark directly to develop a higher high of the turquoise wave alt. 3.
#GOLD ANALYSIS UPDATEWorld gold prices increased slightly as the USD dropped. Recorded at 9:45 am on December 17, the US Dollar Index measuring the fluctuation of the greenback with 6 major currencies was at 106,470 points (down 0.08%).
➡️ The gold market is cautious as investors prepare to receive the decision of the US Federal Reserve (FED), which is expected to reduce interest rates with a "hawkish" message after the monetary policy meeting. last of the year.
➡️ Although gold prices maintained a sideways trend ahead of Wednesday's decision, one analyst said the message from the Fed could lead to a larger correction in the precious metals market.
PREMIUM CHANNEL AVAILBLE
Nvidia: Gradual ProgressNvidia’s stock has made slight progress toward fulfilling our primary scenario. We still anticipate -wave sell-offs down to the support level at $90.69, where the blue wave (IV) correction should finally conclude. However, our alternative scenario of an already finished wave alt. (IV) remains in play. In this case, the stock would resume its ascent as part of blue wave alt. (V), pushing well above the resistance at $152.89 to reach new highs and, thus, complete the overarching green wave alt. (probability: 37%).
EUR/USD Chart and Future Price target analysis 1. Highest open interest (OI) for Call option with high volume indicates higher probability of price.
2. Movement in that direction in the near future.
3. CME Vol & OI data as of 12.15.2024, 5 PM.
4. 10,600 strike price has the highest Put option OI.
5. Both high Put and Call OI at the 10,600 strike price with high volume.
6. 10,600 considered a strong price level.
7. Option expiry for January 2025.
Total of 3 Resistance along ( OB, OP, FIB and Bottom Strong 3rd Deviation )
$BTC Profit Target Done and It's Just Beginning? BINANCE:BTCUSDT Take Profit Done and it's just a Begging?
In the stated case, the price could rise and test the $110,000 resistance level. Any more gains might send the price toward the $112,000 level.
Bitcoin price started another increase above the $100,000 resistance zone. BTC is up nearly 5% and it traded to a new all-time high above $106,400.
Bitcoin started a fresh surge above the $100,000 Zone.
The price is trading above $102,000 and the 100 hourly Simple moving average.
There is a connecting bulish trend line forming with support at $103,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if it stays above the $102,500 support zone. Bitcoin Price Rallies Again Bitcoin price formed a base and started a fresh increase above the $100,000 zone. There was a move above the $102,200 and $103,500 levels. The price even cleared the $104,000 level. A new all-time high was formed at $106,487 and the price is now consolidating gains.
It is slowly moving lower below the 23.6% Fib retracement level of the recent wave from the $99,250 swing low to the $106,487 high. Bitcoin price is now trading above $102,000 and the 100 hourly Simple moving average.
There is also a connecting bullish trend line forming with support at $103,400 on the hourly chart of the BTC/USD pair. The trend line is close to the 50% Fib retracement level of the recent wave from the $99,250 swing low to the $106,487 high.
On the upside, the price could face resistance near the $105,500 level. The first key resistance is near the $106,500 level. A clear move above the $106,500 resistance might send the price higher. The next key resistance could be $108,000. A close above the $108,000 resistance might send the price further higher.
Disclaimer: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not available for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment.