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Fibonacci

$MSTR - The Rocket Takes OffHere is the daily chart for $MSTR. With its recent inclusion in NASDAQ:QQQ , the stock appears poised for further growth. From a technical perspective, the current triangle formation suggests potential downside movement toward $368, where the price may test the lower boundary of the pattern. Following this, I anticipate a bullish breakout to the upside. The resistance near the previous all-time high (ATH) is unlikely to hold for long, and I expect NASDAQ:MSTR to surpass this level in its upward trajectory.
NASDAQ:MSTRLong
by p4917
5
Can we set a new ATH before 2025?This scenario presents a classic Ending Diagonal structure for Primary Wave (5), where XRP has likely completed Wave (4) near $1.90 and is now advancing upward to set new ATH. After entering price discovery and everybody FOMOs in, a significant portion of HODLers will start taking profits which will slow down the momentum and eventually leads to the formation of a bearish divergence marking the end of the impulse. The first major resistance is the current high at $2.9 then the 2017's ATH at $3.31, from which we can expect a smaller degree correction. For this scenario to unfold, we will need a steady momentum. Then we can expect it to set a new ATH before the end of year. Personally, my targets for this would be somewhere between $4 and $7 by late Jan to early Feb 2025, given the current pace and Trump's inauguration (and maybe SEC settlement?).
BITSTAMP:XRPUSDLong
by amourification
2
NVIDIA (NVDA): Post-Earnings Battle Between Bulls and BearsIt is getting harder for $NVDA. Nvidia's earnings appear to have produced a muted market reaction for once. The chip maker's blowout quarterly report was good enough to support the stock but not provide another leg to its stunning rally. By any normal measure Nvidia's third-quarter numbers were stunning, as it nearly doubled its revenue from the prior year. However, its guidance wasn't as strong as some analysts had expected. Which is incredibly if you think that doubling its revenue is not enough for Nvidia to surge higher once more. Attention will now turn to the rollout of Nvidia's Blackwell artificial-intelligence chips Our attention will stay on the chart and we can see this kind of market behaviour in the chart really well. It seems as if bulls and bears are now battling about this earnings report and there are definitely some people trapped with option calls on NVIDIA that they have bought before the earnings. NASDAQ:NVDA has build somewhat of a trend channel and keeps on defending the lower edge of it very well in the past. The question now is if the wave ((iv)) is already finished or not. With the fact that NASDAQ:NVDA is loosing momentum on the RSI but still being able to reclaim the VAL and putting in higher highs we think is is very likely that we are seeing some kind of pullback/blowout of those positions that have been opened and trapped at the all time high now. Still NASDAQ:NVDA is a stock that can put in 10% next week and nobody would be astonished. Therefore we are moving our stop loss from our current open position to 114.50$ and setting alerts for a possible buying opportunity again on $NVDA.
NASDAQ:NVDALong
by freeguy_by_wmc
Tesla (TSLA): Profits Taken, Pullback AnticipatedWhat a rise by NASDAQ:TSLA ! The stock has now reached the targeted wave 3 zone, and we might see some asset rotation out of Tesla into underperforming stocks that could attract renewed attention and capital inflows. Many traders have booked significant profits on NASDAQ:TSLA , and larger players are likely to do the same in the coming sessions. As usual, our focus remains on building a new position during a pullback. We are targeting the 38.2%–50% Fibonacci retracement levels, which should provide sufficient support for another push higher, potentially toward $585 or more. A key level to watch is the old all-time high. Should bulls defend it effectively, waiting for an entry at $371.35 might leave us sidelined. However, we see no reason to force or rush an entry into NASDAQ:TSLA at the moment. Patience remains critical as we wait for the market to come to us.
NASDAQ:TSLALong
by freeguy_by_wmc
NFLX pullback to $803MODs have suggested that I provide more detail about the picks I make. Sorry. I'm not as verbose as y'all, and I don't like things to be complicated. My trading plan is very simple. I buy or sell at top & 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 top of channels (period 100 52 39 & 26) Stochastic Momentum Index (SMI) at overbought level VBSM is positive Price at 4.618 Fibonacci level Down from $876.75 Target is $803 or channel bottom will manually stop loss
NASDAQ:NFLXShort
by chancethepug
9
Z tags $85, pulls back to $75MODs have suggested that I provide more detail about the picks I make. Sorry. I'm not as verbose as y'all, and I don't like things to be complicated. My trading plan is very simple. I buy or sell at top & 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 or near top of channels (period 100 52 39 & 26) Stochastic Momentum Index (SMI) at overbought level VBSM is spiked positive Price at or near Fibonacci level Buying a put if price reaches $85 Target is $75 or channel bottom Stop loss is TBD
NASDAQ:ZShort
by chancethepug
2
META pullback to $586MODs have suggested that I provide more detail about the picks I make. Sorry. I'm not as verbose as y'all, and I don't like things to be complicated. My trading plan is very simple. I buy or sell at top & bottom of parallel channels. I confirm when price hits Fibonacci levels. So... Here's why I'm picking this symbol to do the thing. 2HR CHART (expect target to hit THIS WEEK) Price at or above top of channels (period 100 52 39 & 26) Stochastic Momentum Index (SMI) at overbought level VBSM is spiked positive Price at or near 3.618 Fibonacci level Target is $586 or channel bottom
NASDAQ:METAShort
by chancethepug
10
EURJPY Wave Analysis 19 December 2024 - EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency pair recently broke the resistance zone located between the key resistance level 162.00 (which stopped the previous minor wave 2) and the 50% Fibonacci correction of the downward impulse 1 from October. The breakout of this resistance zone accelerated added to the bullish pressure on this currency pair. EURJPY currency pair can be expected to rise further to the next resistance level 165.00 (which reversed the price multiple times in November).
Long
by FxProGlobal
JUPUSDT – The Sleeper Setup?Ah, Jupiter, you were my favorite. Still are. The platform? Insane. The potential? Off the charts. But this is crypto, and value doesn’t always follow logic—it follows vibes. Sometimes things moon just because we like the stonk. 💎🙌 Right now, JUP’s in a downtrend, and combined with a Fibonacci retracement, we’ve broken through the 0.618 Fib. Translation: we’re likely going lower, targeting the 0.786 zone, but not for long. Setup for buys with some scam wicks. We have a chance we can bounce directly where we are now 0.8856, lining up with my second downtrend line. Honestly, this wick down feels like pure manipulation—designed to shake out weak hands. My gut? It’s time to long, scaling into positions down to 0.80 cents wicks. Once the dust settles, I’m seeing an explosive recovery to 1.13—prime target territory. TL;DR: Current Setup: Downtrend ; we broke below the 0.618 Fib, heading for 0.786. Support Zone: 0.94–0.69 cents. Short-Term Resistance: 0.8856 area (downtrend line). Bounce Target: 1.13+ after recovery. Play: Sizing into longs down to 0.80 cents wicks. Sometimes you just gotta trust your gut and ride the manipulation waves. I’m bullish long-term because JUP’s tech is next level. Let the kids get scared—pros know when it’s time to pounce. 🚀👊
by chartzard1337
1
GOLD → Interest rates are down, but why is gold falling?FX:XAUUSD falls to 2581. Yesterday's news had a negative impact on the market and it's not about rate cuts. Technically the price confirms the bearish nature of the market. The main reason for the decline in gold prices is the Federal Reserve's caution about lowering interest rates amid the latest economic data. The US central bank lowered the interest rate by 0.25% to the range of 4.25%-4.50% as expected, but for the next year it forecasts 2 rate cuts, which is much less than expected. The Fed's hawkishness has played its role: the dollar is rising, markets are falling. Today all eyes are on GDP and initial jobless claims. Technically, the price is out of the global channel, breaking the support, gold updates the low to 2581. Resistance levels: 2620, 2630, 2636 Support levels: 2616, 2612, 2603 After updating the low, a retest of the previously broken channel boundary and imbalance zones is formed. False breakdown of key resistance, for example 2620 or 2630 and subsequent consolidation of the price below these zones may lead to further decline. Regards R. Linda!
FX:XAUUSDShort
by RLinda
10
SOLUSD – Bounce or Breakdown? Time to ChooseCurrently trading at 204.52, Solana’s sitting just above a key white box support zone between 193–203, which is shaping up as a strong bounce location. The upward trendline remains intact, keeping the bull thesis alive, but here’s the deal: lose support at 193, and things could get ugly fast. That 193 area aligns perfectly with the 0.236 Fibonacci retracement, making it a do-or-die level for the short-term bulls. Right now, the setup is giving double-top vibes, and we need to see strength here. A breakout and close above the weekly ATH is the green light we’ve all been waiting for. Stay focused—SOL still has the fundamentals: a thriving ecosystem, killer tech, loads of users, and insanely low costs. Long-term, the outlook is solid as the blockchain itself. 🌱 But let’s not sugarcoat it—if we break 193, brace for impact. Expect aggressive downward pressure, with price likely testing the trendline and possibly wicking down to 157 (the 0.382 Fib retracement). That’s where buyers could step back in. TL;DR: Support: 193–203 (white box, 0.236 Fib). Resistance: Weekly ATH needs snapping for continuation. Bear Scenario: Below 193 → pressure to trendline, potential wicks to 157. Bull Target: 411 long-term with an R:R of 5.4. The uptrend is alive, but this is where SOL needs to show it’s got legs. Don’t sleep on the bounce, but manage your risk—because if it breaks, the fallout could be real. Keep your stops tight and your conviction tighter. 🧠📈
CRYPTO:SOLUSD
by chartzard1337
2
DOGEUSDT - Woof Woof! Is the Dog About to Run?Currently trading at 0.35625, DOGE is sitting snugly at the 0.382 Fibonacci retracement from its epic 2021 run. This zone is also a solid support range from back in the day, acting like a comfy dog bed for price action. If DOGE can hold the line here, we’ve got clear skies to 0.43—there’s barely any resistance to chew through above. Let’s zoom out. The ATH weekly close is parked at 0.5690. Breaking that level could send the dog straight to the 0.92 zone, completing a trend-based Fib extension off the ATH. That’s almost a full retracement and extension play—prime for the meme magic to kick in. DOGE has a history of wild moves when no one’s looking. Meme coins don’t follow logic—they follow hype. When the alts run, they run fast and furious. Keep an eye on volume spikes and sentiment shifts, because when the Dogefather calls, you don’t want to miss it. 🐕‍🦺💨 TL;DR: Support at 0.35625 (0.382 Fib + 2021 levels). Resistance at 0.43 and 0.5690 (ATH weekly close). Extension target: 0.92—let’s complete that trend-based Fib! Trade smart, stay degen. Let the memes fly. 🚀
Long
by chartzard1337
GBPAUD to the moon?Taking a long position on GBPAUD, main reasons being: - BoE holding interest rates for now and less rate cuts are expected next year, could drive more institutions to hold GBP and increase it's value - AUD are trade partners with China who are experiencing significant economic instability - COT traders are 57% long on GBP (+2.14% compared to last week) - COT traders are 52% long on AUD, but are adding more short positions (-4.53% change in net long positions compared to last week) - Retail traders are 93% short on GBPAUD (I find that retail is usually wrong, so this is a positive signal for GBPAUD longs in my book) This trade is more based on Australia's weakness rather than Britain's strength. I was also thinking of shorting AUDJPY (see previous trade idea) or AUDUSD. I couldn't get in a position that I liked on AUDJPY (yet) and I'm already in a short position on EURUSD, so I want to diversify a bit away from the US Dollar. The reason I'm entering here is because it is filling an imbalance candle, and it's also at the 0.682 mark on the Fibonacci retracement tool. If I get taken out I don't mind, there may be better entries on GBPAUD available if that happens, or there may be an opportunity to short AUDJPY instead, which I prefer the fundamentals of. Don't take this as investment advice, I'm just sharing what I'm doing. Please don't follow me blindly, create your own strategy and ideas.
Long
by ciantrades
2
Ethereum Fibonacci Strategy SetupThis ethereum setup I use is on the 15 minute chart. The signals are SMA crossovers of the 13/55. And the moving average plots are using Golden Ratio numbers to forecast near term price movements. Lastly I use a sessions indicator to show the New York & Tokyo sessions. As well as a tick value indicator to show me how much the tick value of the futures contract for Ethereum. Crossover Signals: Long - SMA 13 > SMA 55 Short - SMA 13 < SMA 55 Golden Ratio Plots (SMA): 111 - White 233 - Red 610 - Green Timeframe: 15 minute
CME:ETH1!
by sapphire_edge
POPCAT/USDT: Range Accumulation Play | 40% Recovery SetupPOPCAT/USDT SPOT Analysis 📊 -------------------------------- TRADING SETUP (SPOT) 📈 • Asset: POPCAT/USDT • Exchange: MEXC • Timeframe: 15m STRATEGY: RANGE ACCUMULATION 🎯 Entry Zones: Buy Zone: 0.77-0.79 (Current Support) Why: - Historical support level - High volume node - Bottom of consolidation range - Aligned with 0.236 Fib Take Profits: TP1: 0.84 (Range Top) - 40% position TP2: 0.86 (Break of Range) - 40% position TP3: 0.89 (Previous Structure) - 20% position Risk Management ⚠️: • Stop Loss: 0.77 (Below current structure) • Position Size: Max 5% of total portfolio • Risk:Reward = 1:2.5 Key Reasons for Entry: 1. Price stabilizing after major drop 2. Clear range formation (0.79-0.82) 3. Multiple CHoCH patterns showing selling exhaustion 4. Strong volume support at current levels Warning Signs to Exit ❌: • Break below 0.77 • Volume spike with bearish candles • Loss of range structure Bonus Tip 💡: DCA (Dollar Cost Average) approach recommended in current range: • 25% at 0.79 • 25% at 0.78 • 50% at 0.77 #SpotTrading #POPCAT #Accumulation #CryptoTrading Remember: Always manage risk first, profits second. This is analysis, not financial advice.
Long
by Supachai-Taechapisit
Golden Horizons: Technical Precision Meets Fundamental PowerOANDA:XAUUSD - Daily Gold’s Bullish Breakout Shines Bright! Gold (XAU/USD) has confirmed a strong breakout from a Falling Wedge and Rounding Bottom, rebounding off the 50% Fibonacci level (2,533.75). With the next target at the 161.8% extension (3,107.09), this setup offers a potential 16.49% gain in just 77 days. Ideal for position traders seeking long-term growth and swing traders capitalising on interim moves. 🚀✨ 🌟 Technical Highlights: Gold’s Bullish Setup in Focus Gold (XAU/USD) is setting the stage for a remarkable upward journey, supported by two key bullish patterns that signal strong momentum ahead: 1. Falling Wedge The recent breakout from a falling wedge pattern is a textbook example of a bullish continuation. This move signals the end of a consolidation phase, where sellers lose control and buyers step in decisively. The breakout is accompanied by strong momentum, confirming that the bulls are in command and driving prices higher. 2. Rounding Bottom Formation Adding to the bullish case is a clear rounding bottom pattern, a powerful long-term reversal signal. This pattern reflects steady accumulation by buyers, often seen as the market transitions from bearish sentiment to a confident bullish trend. It provides a solid base for sustained upward movement. After retracing to the 50% Fibonacci level (2,533.75), the price rebounded strongly, breaking out with conviction. The next key target lies at the 161.8% Fibonacci extension (3,107.09), representing a potential 16.49% gain over the next 77 days. This setup combines technical precision with a clear path for growth, making it a compelling opportunity for traders to watch. Gold’s journey upward is gaining momentum—don’t miss the move! 🌍 Fundamental Insights: Gold’s Shining Role Gold continues to solidify its status as the ultimate safe-haven asset, thriving on a combination of global uncertainties and supportive monetary policies. The Federal Reserve’s dovish stance, characterised by steady interest rates, has reduced the appeal of fixed-income investments, making gold a preferred alternative for investors seeking stability in a low-yield environment. Simultaneously, persistent inflationary pressures and geopolitical tensions are driving investors toward gold as a hedge against declining purchasing power and economic instability. As crises in key regions escalate, gold’s reputation as a reliable store of value during turbulent times becomes even more pronounced. This blend of factors is propelling gold’s bullish momentum, appealing to both long-term investors and short-term traders eager to capitalise on its growing demand. Gold isn’t just performing; it’s standing out as a pillar of strength in today’s unpredictable financial landscape. 📆 Seasonal Boost: The Golden Demand Wave Gold traditionally enjoys heightened demand in the first quarter, driven by cyclical buying patterns in key markets like India and China. In India, the wedding season and festivals fuel a surge in gold purchases, while in China, the Lunar New Year celebrations see gold as a symbol of wealth and prosperity. These cultural and seasonal factors consistently create upward pressure on prices during this period. This seasonal demand perfectly aligns with gold’s current technical breakout and strong fundamental support. The convergence of these factors strengthens the bullish outlook, making the first quarter a historically proven and timely opportunity for traders and investors to capitalise on gold’s momentum. 🙏✨ Thank You for Reading! Wishing you incredible success on your trading journey! 🌟 Always remember, proper risk management is the cornerstone of sustainable growth in the markets. Stay disciplined, stay confident, and let the charts guide your path. 📈💼 Good luck with your trades—may profits be ever in your favor! 🚀💰
OANDA:XAUUSDLong
by SpicyPips