Chartanalysis
CHEEMS/USDT Analysis – Potential Breakout Ahead?On the daily timeframe, CHEEMS/USDT is showing a clear ascending triangle pattern, indicating bullish pressure as the price forms higher lows while facing resistance around the upper trendline. This pattern is commonly seen as a continuation pattern in uptrends.
Key Levels:
Resistance: Around 0.00000102 USDT
Support: Around 0.00000095 USDT
Indicators in Play:
Volume: A slight increase in volume near the trendline suggests buyers are gaining control. A breakout with high volume above the resistance level will confirm the bullish momentum.
EMA/SMA: If moving averages (e.g., EMA 50 or SMA 200) are included, they may serve as dynamic support or indicate overall trend direction.
RSI: Check if RSI is nearing the overbought region (above 70), as this could indicate a potential correction before a breakout.
Potential Trade Setup:
Entry: Wait for a confirmed breakout above 0.00000102 with significant volume.
Target 1: 0.00000120 (short-term target based on the height of the triangle).
Stop Loss: Place below the last swing low around 0.00000093 to manage risk.
Bearish Scenario:
If the price breaks below the support line at 0.00000095, we could see further downside, possibly toward 0.00000085.
Cronos: Target Zone AheadCronos (CRO) has recently been steering a less volatile sideways course. We have identified a beige Target Zone between $0.13 and $0.08, which should catch the low of the ongoing wave in green, thus presenting an opportunity to open long positions. However, if the price directly breaches the resistance at $0.23, we will have to consider the green wave alt. as complete, and the outlined Target Zone will be missed. We assign a 33% probability to this alternative scenario.
$OLLI bearish rising wedgeDoing some more homework here, NASDAQ:OLLI seems to be in a bearish rising wedge and broke out of it on the downside. Unusual flow I seen while doing my due diligence coming in sweeps and At Ask and Above Ask which indicates aggressive buying; looking to get in at any cost. I am seeing 100% Buys vs. Sells, flow is bearish sentiment, sweeps and roughly a total of $200K in premium. The stock jumped off earnings with revenue missing by over a 1% but earnings was below 1%. The dates here are Jan. 17th, 2025 and a Feb. 21st, 2025. I will be giving these a shot for a small bargain. Will update.
WSL
$BA eyes in the sky.. Off lows in November 13th to 15th, NYSE:BA Boeing has soared 33% ($44) in 30 or so trading days. Off recent news this weekend, 12/28-12/29, three planes crashed which two were Boeing made and all had deaths from said crashes. Seeming how this stock has risen intensely and quickly I think this could be a good spot to short it within 30 days or so expiration. It may be down in premarket tomorrow, 12/30, I'm hoping I can get a piece of the action. Short term puts here and a possible long for 2025. Bullish momentum for the last 3-4 weeks, RSI is over 65, it happened to drop from $200 zone into its lows in November. My price targets are $175 and $170.
WSL
"Altcoin Market Breakout? Key Levels Suggest Alt Season Ahead!"Technical Analysis:
Descending Trendline Breakout Potential:
The chart shows a clear descending trendline that has been acting as resistance for the past weeks. The price is now testing this trendline and is showing signs of accumulation near the yellow support zone.
Critical Support Zone:
The yellow highlighted area between $903B and $915B has provided strong support in recent weeks. This zone is crucial for maintaining bullish momentum. A breakdown below this area could signal a bearish scenario, but so far, it has held firmly.
Alt Season Indicators:
If the price successfully breaks above the descending trendline, it could trigger a rally in the altcoin market, leading to what many traders call "Alt Season."
The first major target in this scenario would be around the $1.1T mark, with further upside potential if market sentiment remains positive.
Projection Scenarios:
Bullish Scenario: A confirmed breakout above the trendline and sustained support above $915B could lead to a significant rally in altcoins.
Bearish Scenario: Failure to hold the $903B–$915B support zone may result in a retest of lower levels, potentially targeting the $850B range.
Market Sentiment and Outlook:
The broader crypto market is showing signs of recovery, with increased interest in altcoins. However, traders should remain cautious as market volatility remains high. Monitoring Bitcoin dominance and macroeconomic factors will be essential for confirming the start of a true alt season.
Breakout incoming!$USUAL is consolidating within a symmetrical triangle and nearing a breakout point. A successful breakout could push the price toward $2.20, representing a potential 70% upside.
Keep an eye on the breakout for confirmation and volume for the next big move!
DYOR, NFA
#Crypto #USUAL #Altcoins
Solana: In Wave [ii]Since the light green wave 2’s low at $133.18, Solana has been working on wave 3, which should develop via a green five-wave substructure. Currently, the internal wave correction should still be in progress, as no significant upward impulses have emerged thus far. Accordingly, we anticipate further declines, but the price should transition into the subsequent green wave above the support at $133.18. If the coin falls below this key level, our 30% likely alternative wave count will come into play. On the other hand, Solana has already tested important levels during wave , so we cannot rule out an immediate rally above the resistance at $264.32.
#GOLD #TODAY GOLD TODAY
Gold broke the 2630 zone to extend its rally to near 2640 yesterday. And is now declining back to test the breakout zone.
Gold seems to be moving in an uptrend channel and could target the 50% Fib zone of the previous decline around 2655. Therefore, in the Asian session, you can wait to buy gold around the 2628-2630 zone. If you want to sell, you have to wait for a market decline to ensure safety.
XRP/USDT25-12-2024 G-Money's short version technical analysisXRP/USDT 2H G-Money's short version analysis based purely on technical analysis only, no nonsense or "BS". I do totally ignore any fundamental analysis, technical analysis only
XRP/USDT still kinda on the watchlist waiting for a signal to enter trade. Some early/partial entries are done as well already. Still waiting for crossing & closing candle over "entry" level...
What do you think?
Chart is itself explaining. Kept a "KISS" approach all the way ( "Keep It Simple, Stupid") & beginners friendly... ;)
I do hope that nobody ignoring SL ( Stop Loss) ! Without it, It is a fastest way to loose hard earned money...
;)
Trade safe & don't do "gambling". In the end it never pays, not worth it to risk loose all your $...
PS: above technical analysis is done for the community & educational purpose only! It is not a financial advice. Just share my very own insight to it.
This Technical analysis is my Christmas "Present" for You ! Merry Christmas to ALL !
$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.
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