Ripple: Another Dip Ahead?In the opening hours of the new year, XRP made a solid effort to recover from the minor weakness of the past two weeks. While the price surged over 25% between December 30 and the following five days, we classify this brief rally as a temporary counter-move, which should shortly transition into the final sell-off of the corrective magenta wave (4). Once the wave (4) low has been settled, the magenta impulsive wave (5) should break above the resistance at $3.28. However, if the price fails to sustain its next upward move and retreats significantly from this green line, the magenta wave alt. (4) will form another low before paving the way for the next upward impulse. This alternative scenario carries a 35% probability.
Chartanalysis
Analysis for GBP/USD (4-Hour Chart)The GBP/USD pair is showing significant price movements on the 4-hour chart, providing potential opportunities for both buyers and sellers. Here’s a breakdown of the key levels and insights:
Key Observations:
Support Zone:
The price has recently bounced from a critical support level at 1.2400, indicating strong buying pressure at this zone.
This level may act as a base for a potential bullish recovery.
Resistance Levels:
The first major resistance is observed around 1.2541.
A stronger resistance zone lies at 1.2605, which could act as a barrier for further upward momentum.
Trend Analysis:
The pair is currently in a short-term bearish trend, as seen by the recent downward movement.
However, the bounce from the support level and the green indicator showing potential long positions may suggest a possible reversal or retracement.
Potential Scenarios:
Bullish Case: If the price breaks above 1.2541, we might see further upside toward the next resistance at 1.2605.
Bearish Case: Failure to sustain above the support level at 1.2400 could lead to another leg downward, potentially targeting 1.2350.
Trading Strategy:
Long Positions:
Consider entering around the support level (1.2400) with a target of 1.2541 and a stop-loss below 1.2370.
Short Positions:
Look for opportunities near 1.2541 or 1.2605 if rejection signals appear, with a target back to the support zone.
💬 What’s your take on GBP/USD? Let me know your thoughts in the comments below!
XAU/USDGold (XAU/USD) is currently showing bearish momentum on the 5-minute chart. Based on the recent price action and my analysis, a sell zone has been identified.
Key Points:
Sell Zone: The highlighted area above indicates strong resistance, where price is expected to face selling pressure.
Bearish Trend Confirmation: Price has consistently respected the downward trend, creating lower highs and lower lows.
Entry Point: A potential short trade can be considered near the resistance zone (red area), with confirmation from candlestick patterns or additional bearish signals.
Target Levels:
First Target: $2,620.
Second Target: $2,600 (depending on market momentum).
Stop Loss: Place stop-loss just above the resistance zone to manage risk effectively.
💡 Strategy:
This setup aligns with the current bearish sentiment in the market. Traders are advised to wait for proper confirmations before entering a trade.
📉 What do you think? Let me know your thoughts or if you see an alternate perspective!
$SOLUSDT Chart Say Finally Target Hit See on chart...BINANCE:SOLUSDT BINANCE:SOLUSDT Chart Say Finally Target Hit See on chart...
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.
ETH - USDT UPDATE on 4th January 2025... Showing a steady upwardIf you are already involved in the trade, well done! If you haven't joined yet, exercise caution and avoid rushing. Sometimes, it’s better to explore other options instead of opting for a "halfway" trade.
Take your time... You have the whole year ahead for trading! ;)
P.S.: Here’s a printer-friendly "KISS" chart... and remember, a leverage of *10 on Binance is advisable... ;)
DOT - USDT UPDATE on 4th January 2025... Gradually progressing..Slowly but steadily rising...
If you're already in the trade, congratulations! If not, exercise caution and avoid hurrying...
Sometimes, it's wiser to seek other opportunities rather than settling for a "halfway" trade...
Take your time... You have the entire year to trade! ;)
PS: printer-friendly "KISS" chart... and by the way, leverage of *10 on Binance is recommended...
DASH - USDT UPDATE on 4th January 2025... Where's it off to?Technical analysis hints a downturn... but I've got this "hunch" in my "stomach" that it could actually go up... Do you see my dilemma?
Tread carefully and don’t rush...
Sometimes, it’s smarter to look for other chances instead of jumping into a "half-baked" trade...
Take it easy... You've got the whole year to play the trading game! ;)
PS: here’s a printer-friendly "KISS" chart... and just so you know... leverage *10 on Binance is the way to go... ;)
CHZ - USDT UPDATE on 4th January 2025...Slowly slowly....Same like as BNB ( USDT UPDATE on 4th January 2025)...So slow...
If you are in the trade already than congrats ! If not yet... Be careful & don't rush... Look for the dip...
Sometimes is a much better to look for something else instead of taking "halfway "trade already...
Don't rush... You still got all year to trade! ;)
PS: printer friendly "KISS" chart... & BTW...leverage *10 on Binance recommended... ;)
BNB - USDT UPDATE on 4th January 2025...Slowly slowly.... If you are in the trade already than congrats ! If not yet... Be careful & don't rush... Sometimes is a much better to look for something else instead of taking "halfway "trade already...
Don't rush... You still got all year to trade! ;)
PS: printer friendly "KISS" chart... & BTW...leverage *10 on Binance recommended... ;)
XRP/USD BULL FLAGS + FIBONACCI RETRACEMENT & EXTENSION XRP/USD Looks to be forming another Bull Flag. Last 2 Bull Flags (shown here with Green lines for the Flags and Blue lines as poles/pointers) ended in nice run-ups...
Fib Retrace on Daily shows price action pulled right back into the Golden Pocket after hitting most recent ATH. Met strong support at Golden Pocket as expected, so I'd expect it to remain bullish as long as it remains above $1.8.
To the upside, the Fib Extension shows Golden Pocket right at Prev ATH (obviously, since the retrace pulled back into Golden pocket on downside move), so this may be a strong resistance/rejection level, before XRP can breakthrough and run up to what I see as it's next important level - at $3.5.
What are your thoughts here?
POPCAT/USDT- Potential Bullish Breakout Hello Traders, 👋
Let's take a deep dive into the POPCAT/USDT chart and discuss its current price action and potential targets.
Ascending Trendline Support:
The price is currently respecting an ascending trendline, indicating a bullish structure in the longer time frame.
Strong Horizontal Support:
At 1.0021, we can see a critical horizontal support zone that has acted as a pivot in the past. If this level holds, we might see a bullish continuation.
Consolidation Zone (Purple Box):
The price is moving within a consolidation zone, indicating an accumulation phase. A breakout above this zone could act as a catalyst for the next bullish wave.
Potential Target:
Based on the Fibonacci extensions and historical resistance levels, the first target sits around 1.9779, and the second target is at 2.8050.
Suggested Article for TradingView
Title: POPCAT/USDT - Potential Bullish Breakout 🚀
Hello Traders, 👋
Let's take a deep dive into the POPCAT/USDT chart and discuss its current price action and potential targets.
Key Observations:
Ascending Trendline Support:
The price is currently respecting an ascending trendline, indicating a bullish structure in the longer time frame.
Strong Horizontal Support:
At 1.0021, we can see a critical horizontal support zone that has acted as a pivot in the past. If this level holds, we might see a bullish continuation.
Consolidation Zone (Purple Box):
The price is moving within a consolidation zone, indicating an accumulation phase. A breakout above this zone could act as a catalyst for the next bullish wave.
Potential Target:
Based on the Fibonacci extensions and historical resistance levels, the first target sits around 1.9779, and the second target is at 2.8050.
Strategy:
Bullish Scenario:
If the price breaks above the consolidation zone with strong volume, we could see a rally toward the first target.
Bearish Scenario:
A breakdown below the ascending trendline and the key support at 1.0021 could invalidate this setup and push the price lower.
Risk Management:
Always use a stop-loss to protect your capital. For this setup, placing a stop-loss slightly below the 0.8500 level would be a cautious approach.
The Yen's Resilience Against the Dollar: What’s Happening?Hey there, traders! I’ve been keeping a close eye on the options market lately, and I can’t help but notice a growing trend: traders are actively betting against the further strengthening of the U.S. dollar against the Japanese yen. In other words, forecasting a potential strengthening of the Yen.
Over the past 2-3 weeks, we’ve seen a significant buildup of volume in vertical spreads, primarily targeting this currency pair. But let’s take a moment to look at the bigger picture here.
Since December 20, 2024, the dollar index has climbed by 1.6%, and in the first few days of the new year, the dollar’s momentum has even picked up speed.
However, if you take a closer look at the Dollar/Yen pair, you’ll see something interesting: there’s no sign of growth. In fact, the quotes are just “chopping” around in a tight range, resisting any further weakening of the yen.
Right now, the quotes are still above the average long position of retail traders (open source data), and the bulls seem to be feeling pretty good. But beneath the surface, there are processes at play that are starting to show signs.
Conclusion/
The current situation in the options market and the graphical behavior of the dollar/yen pair suggest that changes in trend may be on the horizon.
Traders should stay alert to these signals and be prepared for potential volatility/decline in the near future. But please don't rush!
Happy trading!
BlackRock: Top Confirmed!Just shy of the lower edge of our Target Zone, BlackRock recently established its high at $1,082.45, completing the beige wave b. The Target Zone has since been deactivated. With this milestone reached, we now anticipate a prolonged decline as part of the beige wave c. This development aligns with the overarching correction of the blue wave (II), which began in November 2021 and is defined by a subordinate abc-structure. From the $1,082.45 high, we primarily expect a sustained price decline. However, this level now serves as a critical resistance. In the context of our 36% likely alternative scenario, we must allow for the possibility of a new wave alt.b high above this mark.
$C98 Price Prediction 2025, Trying to Gainer Anytime Chart SeeFWB:C98 Price Prediction 2025, Trying to Gainer Anytime Chart See
CRYPTO:C98USD Price Prediction 2025, Trying to Gainer Anytime
Market Analytics Info ( FWB:C98 )
Fully Diluted Market Cap: $180.48 M
Volume 24 hour: $21.20 M
Total Supply: 1.00 B C98
Circulating Supply: 894.31 M C98
Market Cap: $161.41 M
All Time High: $6.416
All Time Low: $0.09092
Already have 90 Day Returns 51.61%
Now 7 Day Returns 7.56%
Chart Info ( FWB:C98 )
Resistance Zone: $0.50500
Support Zone: $0.08878
Stoploss Zone: $0.89070
Entry Zone: $0.16607
Profit Target 1: $0.28099
Profit Target 2: $0.33117
Profit Target 3: $0.45402
#BinanceSquareFamily #Market_Update #BinanceAlphaAlert #SUBROOFFICIAL
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.
$BTC BULL RUN 2025 STARTING OF THE YEAR SEE ON CHART$BTCUSDT:BINANCE BULL RUN 2025 STARTING OF THE YEAR SEE ON CHART
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.
Crypto Market to Hit $5 Trillion in 2025?The crypto market added an astonishing $1.58 trillion in 2024, and projections for 2025 are even more bullish, with a potential market cap of $5 trillion. While most altcoins are still down over 50%, the next altcoin rally could be the catalyst for explosive growth. Institutional investors are also predicting Bitcoin to hit $150K, further fueling market optimism.
The combination of increasing adoption, institutional interest, and potential altcoin recovery makes this goal achievable. Prepare for the next big wave by identifying undervalued projects and managing your risk effectively. 2025 could be the year of exponential growth—stay ahead of the curve!
Salesforce: Wave b Top Established!On December 4, CRM peaked briefly, hitting a new record high at $378.16. Since then, the price has been unable to revisit this level, initiating a first downward impulse. Therefore, we now consider the prominent wave b top as established and are preparing for a significant sell-off, with extension targets below the $274 support. Thus, the still ongoing correction should continue.
Analysis for ACT/USDT ChartThe price is currently consolidating near the Buy Zone, with a descending trendline acting as resistance. A potential breakout above this trendline could trigger bullish momentum, targeting higher levels.
Key levels to watch:
Buy Zone: Ideal entry point.
Breakout confirmation: Above the descending trendline for a bullish continuation.
Target: $1.00+ if momentum sustains.
Maintain risk management as this setup depends on breakout confirmation! 🚀
Why did we talk about the Shooting Star candlestick?Because Bitcoin on the monthly timeframe is showing signs of potentially forming such a candlestick, which we have highlighted on the chart. Currently, we don’t have a specific scenario for it, but we just wanted to share our observations with you.