BTC.D Update: Jenkins’ Secret Slope Indicator in Action
This is a chart I’ve been closely analyzing since June, and it’s been remarkably solid imo. We’ve had a pretty good hit rate in terms of significant pivots in Bitcoin dominance occurring on or around the intersections of the slopes and horizontal retracement lines.
Each “Watch for Change of Trend” (w4CoT) marker represents a vertical forecasted timeline generated when the intersection of the slope and horizontal lines occurs. These markers have consistently aligned with major market movements, making them a reliable tool for identifying potential pivots.
Upcoming Key Levels:
• Sunday, Nov 24: A potential pivot is approaching with the next w4CoT marker.
• Jan 8, 2025 (25% Square Out): The final key date from this setup, worth watching for another significant move.
This analysis uses an indicator that I developed using Jenkins’ Secret Slope methodology. The forecasted tops (red lines) are derived by extending vertical lines from the lows within the range until they intersect with the main slope of the indicator. Once this intersection occurs, a horizontal line is plotted across time to highlight potential resistance or pivot zones.
I’m also keeping a close eye on the current support diagonal, which Bitcoin dominance has consistently found support on. It’s another key area I’ll be monitoring as this setup unfolds.
Thank you for taking the time to view this analysis. Lets see how it plays out!
Gann
Algorand mark up phase (Part 2)This is an addition to the ongoing macro trade idea from the spring phase low.
This whole structure here, looks to me like one long wyckoff accumulation campaign and Adam / Eve double bottom.
This is your sign of strength, and the expectation is to return to the range high, and likely see a partial decline or consolidation once achieved.
If i am correct here, we could expect eventual targets at the 100% measured move of the range, confluent with both the 1.618 extension of the spring correction, and a 4.236 of wave 1 coming up.
This is a weekly chart, this will take time and itll probably be a difficult hold, but if it continues to play out in this fashion, that will be my expectation until proven otherwise.
#LAI: Exploring AI-Powered Blockchain SolutionsDescription:
This trading idea highlights LAI, a cryptocurrency that integrates artificial intelligence (AI) with blockchain technology to drive innovation across various sectors. LAI is designed to optimize data management, enhance decision-making processes, and power decentralized AI-driven applications. With its unique value proposition, LAI addresses key challenges in industries such as finance, healthcare, and supply chain management, making it a significant player in the blockchain and AI convergence. Its growing ecosystem, combined with strategic partnerships, positions LAI as a promising investment in a rapidly evolving technological landscape.
Despite its potential, it’s important to acknowledge the inherent risks of the cryptocurrency market. Prices are highly volatile and subject to external influences, including regulatory developments, market sentiment, and technological competition. Trading LAI requires careful research and effective risk management.
Disclaimer:
This trading idea is for educational purposes only and should not be considered financial advice. Cryptocurrencies like LAI are highly speculative and involve substantial risk, including the possibility of losing your entire investment. Always perform thorough research, evaluate your financial situation, and consult with a financial advisor before making investment decisions. Past performance is not indicative of future results.
#KNC: Harnessing Liquidity in DeFi MarketsDescription:
This trading idea highlights KNC (Kyber Network Crystal), the native token of Kyber Network, a decentralized liquidity protocol designed to power DeFi applications. KNC plays a key role in enabling seamless token swaps and liquidity aggregation across various blockchain networks. Its utility extends to governance, staking rewards, and incentivizing liquidity providers, making it a critical component of the Kyber ecosystem. As decentralized finance continues to grow, Kyber’s focus on enhancing efficiency and scalability positions KNC as a valuable asset for traders and investors seeking exposure to DeFi innovations.
It’s important to recognize that the cryptocurrency market is highly volatile, and KNC’s value can be influenced by factors such as regulatory changes, technological advancements, and market sentiment. As such, careful consideration and effective risk management are essential when trading or investing in KNC.
Disclaimer:
This trading idea is intended for educational purposes only and should not be considered financial advice. Trading cryptocurrencies like KNC carries significant risks, including the potential for complete loss of capital. Always perform thorough research, evaluate your financial circumstances, and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
XAUUSD:29/11 Today's Market Analysis and StrategyGold technical analysis
Daily resistance 2700, support below 2634
Four-hour resistance 2688, support below 2647
Gold breaks upwards, gold starts to strengthen, we continue to go long. Buy gold directly near 2650 in the NY market!
Gold breaks through the convergent triangle pattern in the Asian session, and gold finally chooses to break upwards. Gold bulls exert their strength, and the gold 1-hour moving average also diverges upwards. Continue to go long when gold falls back.
EURUSD Next possible moveSAXO:EURUSD
Title
"EUR/USD Intraday Analysis: Buy Bias Continues | Pre-NFP Setup"
Market Context
"EUR/USD extended its recovery today, maintaining bullish momentum after bouncing from key support near 1.0500. The pair is attempting to hold above intraday levels, with buyers stepping in cautiously ahead of tomorrow's high-impact NFP report."
Technical Analysis
*"Today’s buy bias is supported by strong technical signals:
Price Action: Higher lows on the H1 chart, indicating bullish structure intact.
EMA Confirmation: Price remains above the 20 EMA, signaling ongoing short-term upside momentum.
RSI: Trending upwards, now above 55, suggesting increasing bullish strength.
MACD: Positive divergence on lower timeframes aligns with bullish continuation potential.
Key Levels:
Immediate Resistance: 1.0550. A break above this could target 1.0580 and 1.0600.
Support: 1.0510. A drop below could invalidate the bullish outlook."*
News Context
"Upcoming: U.S. NFP report tomorrow will likely dictate market sentiment.
Previous: Strong U.S. GDP figures earlier in the week strengthened the dollar, but current price action hints at consolidation ahead of the data."
Call to Action
"Are you on the buy side for EUR/USD too, or do you foresee bearish pressure returning? Let’s discuss!"
EURUSD next possible moveSAXO:EURUSD
Title
"EUR/USD Intraday Analysis: Sustained Buy Momentum | Pre-NFP Optimism"
Market Context
"EUR/USD continues its bullish momentum, supported by strong buying interest above the 1.0500 support zone. The pair remains in an intraday upward trend as market participants position ahead of tomorrow's U.S. Non-Farm Payroll (NFP) report."
Technical Analysis
*"Today's bullish move builds on favorable technical indicators:
Trend Structure: Higher highs and higher lows on the H1 chart confirm the uptrend.
EMA Support: Price stays above the 20 and 50 EMAs, suggesting bullish continuation.
RSI: Rising steadily, currently above 60, reflecting increasing buying pressure.
MACD: Positive histogram bars continue to expand, reinforcing upward momentum.
Key Levels:
Resistance: 1.0550 (immediate), 1.0585 (next target).
Support: 1.0520 (intraday), 1.0500 (critical). A break below 1.0500 could shift sentiment."*
News Context
"Upcoming: Tomorrow’s NFP report is expected to bring volatility.
Previous: Earlier U.S. GDP data bolstered the dollar, but the current price action indicates profit-taking and possible EUR strength."
Call to Action
"Do you see this bullish momentum continuing, or will the market pause ahead of NFP? Share your perspectives below!"
#RSR: Unlocking Stablecoin Utility and AdoptionDescription:
This trading idea centers on RSR (Reserve Rights), a cryptocurrency designed to support the Reserve Protocol’s mission of creating a stable and inflation-resistant global currency. RSR plays a vital role in stabilizing the value of the protocol's stablecoin, RSV, by acting as a reserve asset and governance token. As demand for decentralized and reliable stablecoins grows, particularly in regions with economic instability, RSR benefits from increasing adoption and utility within the ecosystem. Its dual-purpose design, focusing on stability and governance, positions RSR as a key player in the future of decentralized finance (DeFi).
It’s important to recognize that the cryptocurrency market remains volatile, with external factors such as regulatory developments, market sentiment, and macroeconomic conditions impacting price movements. Trading RSR or any digital asset requires careful risk assessment and strategic planning.
Disclaimer:
This trading idea is for educational purposes only and does not constitute financial advice. Investing in cryptocurrencies like RSR involves significant risks, including the potential for a total loss of capital. Always perform thorough research, evaluate your financial position, and consult with a professional financial advisor before making investment decisions. Past performance is not indicative of future results.
#ISP: Empowering Decentralized Internet Services Description:
This trading idea focuses on ISP (Internet Service Protocol), a cryptocurrency designed to decentralize and revolutionize the way internet services are provided. ISP enables peer-to-peer internet access and connectivity solutions, bypassing traditional centralized systems. By leveraging blockchain technology, it aims to create a more transparent, accessible, and cost-efficient internet infrastructure. The increasing global demand for decentralized services and data privacy positions ISP as a promising asset in the evolving Web3 ecosystem, offering a unique value proposition for long-term growth.
However, it’s essential to consider that the cryptocurrency market is highly volatile and influenced by factors like regulatory decisions, technological advancements, and overall market sentiment. Trading or investing in ISP requires a thorough understanding of the risks involved and the implementation of effective risk management strategies.
Disclaimer:
This trading idea is for educational purposes only and does not constitute financial advice. Cryptocurrencies like ISP are speculative and involve significant risk, including the potential for a complete loss of capital. Conduct your own research, evaluate your financial situation, and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
#ALGO: Capitalizing on Scalable Blockchain TechDescription:
This trading idea highlights ALGO, the native cryptocurrency of the Algorand blockchain, a highly scalable and secure network designed for decentralized applications (dApps) and digital economies. ALGO powers a blockchain that achieves high performance with low transaction fees and a commitment to sustainability through its proof-of-stake (PoS) consensus mechanism. Algorand has positioned itself as a leader in enterprise-grade blockchain adoption, forging partnerships with governments, institutions, and developers worldwide. With growing use cases in DeFi, NFTs, and cross-border payments, ALGO is well-poised to benefit from the expanding blockchain ecosystem.
However, like all cryptocurrencies, ALGO is subject to high market volatility, regulatory changes, and fluctuations in global sentiment. Investing in digital assets involves substantial risks, and it is essential to exercise caution and adopt sound risk management strategies when trading ALGO or similar assets.
Disclaimer:
This trading idea is for educational purposes only and does not constitute financial advice. Cryptocurrency investments, including ALGO, carry significant risks, including the possibility of losing your entire investment. Conduct thorough research, consider your financial situation, and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
NOTUSDT #001 ( See you there !!! )Hello dear traders.
Good days .
Notusdt broken decrease wedge and retested.
On weekly Gann Square and Gann Box analysis , is expected to grow up to 0.5 , 0.618 and finally 0.75 Gann Box Fib level .
It's good opportunity to invest with stop loss below green Box ( order block ) .
Good luck and safe trades.
THANK GOD IT'S FRIDAY Now on this day we anticipate to get a close within the week range, so the power of three also works on higher timeframes we don't just only use it on daily, with that out of the way the ending of NOV. 2024 was kind challenging but as we need to be we keep calm and don't lose trust in our models. Today am just tape reading price not doing any trades but just tape reading it and get a feel for the delivery in such market conditions because they are really tricky and high resistance liquidity run, they close up the imbalance, delay in movement and during low resistance days we don't want to see such price action. The market a cut my tooth on is NAS100 its the rich market for me and it's good to handle one market at a time, for other assets I follow that ES & DOW JONES also called the US3O. The last Nov - Dec were not as this season the moved like since 2015 - 2023 the NOV to DEC were not that bad as this NOV has been not saying that folks didn't make money and other asset classes, I don't know am talking for the asset I trade and that is the US100. Let's wait for the ending of JAN 2025...
PD TRADERS
FTM Poised for a Strong Rally: Cup and Handle Pattern with Key T#FTM/USDT Analysis
The $FTM/USDT pair is showing significant bullish momentum, currently trading at $1.0270, with a sharp increase of 47.11%. The price structure is forming a cup and handle pattern, a classic bullish formation that signals potential further upside if resistance levels are broken.
On a successful breakout, the price is expected to head toward the
Targets:
$2.7100
$3.5232
$4.4583
GOLD INTRADAY CHART UPDATE Gold (XAU/USD) exhibited strong bullish momentum during the London Killzone, as buyers dominated the session. The market capitalized on key liquidity zones, driving prices higher in alignment with the prevailing trend. This surge reflects heightened demand and a confident push by bulls, targeting critical resistance levels. A textbook example of precision trading during one of the most volatile and rewarding times of the day, where opportunities were abundant for those positioned with the flow
Xauusd buy confirm signal Gold (XAU/USD) reverses an intraday dip to the $2,620 area and trades near $2,650 on Thursday, albeit it lacks bullish conviction. Investors remain concerned that US President-elect Donald Trump's tariff plans will impact the global economic outlook.
Gold now buy 2646
Support 2660
Support 2668