Bonk on RobinhoodEarlier this week Tucker BONK was listed on Robinhood. Unlike Coinbase meme drops skyrocketing, Robinhood is a bit slower. BONK rejected and bounced off our fib level at .236 at price .00002703. I might add a bag, not confirmed u til the RSI breaks midline, and breaks our BOS trend line in the 1hr closely. Watching point of interest to break is .00003140.
BONK!! LETS GO!
Fibonacci
$50 by Nov 5
Appears we've had an accelerated move to the low $40's already. Was expecting this by x-mas.
Now expecting a move to $50 by election day. There is some uncertainty who will win, but a push to the 88.6% fib is highly probable.
Depending on who wins, we will see a push to between $54-62 range, or a temporary retrace.
Feds have cleared the way for more rate cuts. Mostly likely another .25 before election day, just so they look good, but not "influencing" the market/election in any way, of course.
Nifty Short Term Analysis. Nifty today has given a poor closing below 200 days EMA but the only saving grace can be that the closing is just above Mid-Channel support of 23500 and Important Fibonacci support of 23263.
These Two supports are broken then more hell can break loose and we can get to see the next Fibonacci supports being tested. The next Fibonacci supports can be near 22509 or 21585. On the positive side if either of the support is held and then we can see a new rally in Nifty wit resistances at 24718 and 25347. It looks like Nifty will take some time to reach new highs as the the mode is bottom searching and consolidation as of now.
Fresh rally and Bullish recovery can start only after we get a closing above these 2 levels. However, this can be a good time to go long by picking good blue chip stocks available at good valuations.
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.
SFM to $142My trading plan is very simple.
I buy or sell when price tags the top or bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Price at bottom of channels (period 100 52 39 & 26)
Stochastic Momentum Index (SMI) at oversold level
VBSM is negative and at bottom of Bollinger Band
Entry at $100131.5
Target is $142 or channel top
WDFC to $265My trading plan is very simple.
I buy or sell when price tags the top or bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Price at bottom of channels (period 100 52 39 & 26)
Stochastic Momentum Index (SMI) at oversold level
VBSM is spiked negative and at bottom of Bollinger Band
Entry at $249.82
Target is $265 or channel top
BTCUSDT ATH resistance zone can dump itWe are looking for range zone here and also short-term fall like the red arrows on chart.
price is now receiving major resistance zone and any breakout to the upside can lead the price to 120K$ but if the resistance hold soon heavy dump is expected at least to the targets like 90K$ or 80K$.
DISCLAIMER: ((trade based on your own decision))
<<press like👍 if you enjoy💚
EURUSD Waiting for confirmation1. Time Frame:
- Daily: FVG Identification
- H4: FVG Identification
- H1: Entry Signal
2. Fair Value Gap (FVG):
On the H4 chart noted a Fair Value Gap (FVG) between 1.0380 - 1.0466
On the Daily chart also note FVG between 1.0422- 1.0480
3. Trend Confirmation:
Price has break support at 1.0453 with massive net sell volume.
Price has rise back to Daily & H4 FVG area.
4. Position:
Entry: Waiting for confirmation
Stop Loss : 1.0485
Take Profit: 1.0345 & 1.0240 (fibo 161.8 & previous low)
RRR : 1:xx
-------------
Disclaimer
The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
X Empire price has done something incredible !)💰 Something phenomenal has happened that hasn't been remembered for many years: NYSE:X #Empire altcoin has made +1750% in a week
Whether it was the exchange's promotional campaign, #Trump's election victory+ his colleague #muskempire and everything directly or indirectly related to him are now “in chocolate” or all together, but God grant most altcoins to grow like this.
Then we will feel the real taste of the alt-season
The #X #marketcap has grown from 20 million to the current 300 million.
We have two questions for you:
Where will the OKX:XUSDT price go next: 🐳 along the blue route by $0.0014 or 💔 along the red route by $0.00014 (the difference is only 0 or 10 times ;)
What other low-cap altcoins do you think will pump like this? You write your options in the comments, and we will analyze some of them and publishing ideas here
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
VLO to $124My trading plan is very simple.
I buy or sell when price tags the top or bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Price at bottom of channels (period 100 52 39 & 26)
Stochastic Momentum Index (SMI) at oversold level
VBSM is negative and at bottom of Bollinger Band
Price near 1.618 Fibonacci level
Entry at $118.75
Target is $124 or channel top
X to $35My trading plan is very simple.
I buy or sell when price tags the top or bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Price at bottom of channels (period 100 52 39)
Stochastic Momentum Index (SMI) at oversold level
VBSM is negative and at bottom of Bollinger Band
Price at or near 1.618 Fibonacci level
Entry at $30.50
Target is $35 or channel top
TSN to $61My trading plan is very simple.
I buy or sell when price tags the top or bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Price at bottom of channels (period 52 39 & 26)
Stochastic Momentum Index (SMI) at oversold level
VBSM is negative and at bottom of Bollinger Band
Entry at $58.37
Target is $61 or channel top
XOM to 108My trading plan is very simple.
I buy or sell when price tags the top or bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Price at bottom of channels (period 100 52 39 & 26)
Stochastic Momentum Index (SMI) at oversold level
VBSM is negative and at bottom of Bollinger Band
Price at or near 3.618 Fibonacci level
Entry at $105
Target is $108 or channel top
NOG to $40My trading plan is very simple.
I buy or sell when price tags the top or bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Price at bottom of channels (period 100 52 39 & 26)
Stochastic Momentum Index (SMI) at oversold level
VBSM is negative and at bottom of Bollinger Band
Entry at $35.75
Target is $41 or channel top
Short gold after hitting 2635-2645 areaBrothers, we went long on gold near 2591 yesterday and closed the long position near 2607 this morning, making a profit of 160 pips easily, which is a very good trading result.
After closing the long position, I originally planned to wait for gold to fall back and continue to go long on gold in the 2595-2590 area, but after I closed the order, gold has been fluctuating in the 2607-2600 area, and did not give me the opportunity to go long on gold again. So it's a pity that I missed this time when gold continued to rebound.
At present, gold has reached around 2628, and the increase has not exceeded my expectations. I think gold may even continue to rebound to the 2635-2645 area. However, if gold touches this area for the first time, I think there will be an opportunity for gold to fall back to build up momentum and extend its effect.
So, if gold touches the 2635-2645 area as expected, I will choose to short gold once!Bros, will you choose to short gold like me? 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!
EURCHF Wave Analysis 20 December 2024
- EURCHF falling inside minor impulse wave 5
- Likely to fall to support level 0.9250
EURCHF currency pair continues to fall inside the minor impulse wave 5, which started earlier from the pivotal resistance level 0.9430 (standing well above the upper daily Bollinger Band), which has been reversing the price from the start of October.
The downward reversal from the resistance level 0.9430 created the daily Japanese candlesticks reversal pattern Bearish Engulfing.
Given the overriding daily downtrend and the strongly bullish Swiss franc sentiment seen today, EURCHF currency pair can be expected to fall to the next support level 0.9250, low of the earlier minor correction b.
USDCHF Wave Analysis 20 December 2024
- USDCHF reversed from resistance zone
- Likely to fall to support level 0.8860
USDCHF currency pair recently reversed down from the strong resistance zone located between the round resistance level 0.90000 (which has been reversing the pair from the idle of last year) and the upper weekly Bollinger Band.
The resistance level 0.90000 was further strengthened by the 38.2% Fibonacci correction of the weekly downtrend from the end of 2022.
Given the strong multiyear downtrend and the overbought weekly Stochastic, USDCHF currency pair can be expected to fall to the next support level 0.8860.
bnbusdtWe have a correction up to the range of 585. After this, we will encounter the trend line and break the resistance and the price will move up to 930
bnb, an attractive currency for investment from 6 months to one year
(( Excellent with a strong support ))
** The target of 30,000 is not far off **
This analysis is brought to you by the FXonbit Traders Team
NEAR reversal areaNear is in a perfect level to bounce. Market is in extreme fear but this might be a good level to add on to holdings. Its both a good level of support from past price actions and current fibo levels.
Initial target is marked on the chart, lets see if we get rekt again :) Risk reward ratio looks good to me.
Cheers