XAUUSD Hello Traders and investor 👋
What are your thoughts on Gold
After yesterday's significant drop. Gold
Is currently in a corrective phase . This
Correction is expected to continue with
Some consolidation in the current Range
Once the correction in complete. Gold is
Likely to resume it's downward movement toward the identified targets ❤️
Harmonic Patterns
BTCUSDT Broke parallel channel!!Join our community and start your crypto journey today for:
In-depth market analysis
Accurate trade setups
Early access to trending altcoins
Life-changing profit potential
Let's analyze BTCUSDT on lower time frame:
BTCUSDT has broken the parallel channel on the 4-hour chart, and the retest appears to be complete.
BTC is likely to bounce off the support levels, as BTC dominance is gradually declining. This suggests that BTC may enter a sideways movement, which could create favorable conditions for altcoins to rally.
Key support zones:
Primary support zone: $89,632 - $87,021
Secondary support zone: $78,567 - $75,829
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Bitcoin Price UpdateThere is a significant Bitcoin futures gap at the price level of $103,670 to $102,470. This gap could lead to potential price movements. Additionally, there is a concentration of long positions that could be liquidated at $102,344 to $101,939 if the price declines, further adding to market volatility.
Cosmos (ATOM): Possible Fill of FVGs Towards $8.60Cosmos had made a good downward movement, breaking local 200EMA, which also might result in a re-test of that same EMA and fill of FVG on upper zones.
We are expecting to see a strong bounce from here which would give us a proper selling zone but if we somehow see a weakness right now, then we might get an early downward movement from here so keep your eyes on Cosmos!
Swallow Team
SOLANA testing the supportSOL is testing the support of a well-known chartist shape: Cup & Handle.
If this is confirmed, i.e. if the price bounces off the support, we can expect a price projection of +97% according to the usual rules of projection on this type of chartist pattern, and thus approach $500.
Wait & See.
BUILDING PERMITSLooking to start construction, building levels till we don't.. failed to break 38 booster to demon buys 666 pass 666 it will tease were bull 4ever together if when we break 81 ,, 81 is the key of elements.
Every dip were buying ------ just like btc ,, every dip is discount for next year. good luck,,lets see how this plays out
BTCUSDT: likely to retest after hitting channel top!!Join our community and start your crypto journey today for:
In-depth market analysis
Accurate trade setups
Early access to trending altcoins
Life-changing profit potential
Let's analyze BTCUSDT :
Bitcoin (BTCUSDT) is currently trading within an ascending channel. After recently touching the channel's upper line, it has pulled back to the immediate support zone. A crucial support area lies within the blue box, where a potential bounce could occur.
Currently, Bitcoin is testing the $103,000 support level. If this level breaks, the next significant support zone is at $98,400, which also coincides with the lower channel line. A strong bounce is likely from this level.
Key Support Levels:
$103,000
$98,500
$91,100
Key Resistance Level:
$108,400
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Bearish Butterfly Pattern at 2.0287: Potential PullbackPEPPERSTONE:GBPAUD
The pair is currently forming a bearish butterfly pattern at the 2.0287 level, aligning with the 127% Fibonacci extension. This setup indicates a potential pullback toward the Fibonacci retracement levels, projected below 1.9850. This scenario implies a retest of the weekly fractal resistance, broken at 1.9884.
Bearish butterfly pattern forming at the 2.0287 level.
Suggests a potential pullback;
Pullback target: Fibonacci retracement levels below 1.9850.
Potential retest of weekly fractal resistance at 1.9884.
Signs of bearish divergence emerging on the RSI.
Note: Ensure proper risk adjustments and capital protection by setting stop-loss orders and managing position sizes accordingly to mitigate potential downside risk.
Bitcoin (BTC): Bitcoin Securing $100KWell, Bitcoin has reached our smaller target of $100K, where now we are seeing some kind of recovery.
Yesterday's liquidity hunting resulted in a reversal of trend and now we are back above the support zone (which can now be considered a proper support zone).
Currently we are looking at the ATHs zone as we see the surge in buying pressure but if we see any signs of weakness, then this plan will be gone and we will be looking for the 200EMA line on this timegram to be reached!
Swallow Team
MINA protocol with btc pairMina Protocol's Bright Future with Coinbase Support and Unique Technology
Introduction:
In the ever-evolving blockchain landscape, projects that offer technical innovations and enjoy strong backing often have promising futures. Mina Protocol is one such project, leveraging its unique technology and the support of one of the industry's most prominent players, Coinbase, to secure a special place in the cryptocurrency market. This article explores why Mina Protocol is poised for significant success by 2025.
Mina Protocol's Unique Technology:
A standout feature of Mina Protocol is its use of zk-SNARKs technology, a zero-knowledge proof system. This enables Mina to offer a blockchain with an exceptionally small size (approximately 22 kilobytes), which is a groundbreaking development compared to traditional blockchains. This feature not only improves scalability but also allows more users to participate using regular hardware. As a result, Mina is known as the "lightest blockchain in the world."
The Importance of Coinbase Support:
Coinbase, one of the world's largest cryptocurrency exchanges, has not only shown interest in Mina Protocol but also directly supported the project. This backing has two significant impacts:
Building Investor Trust: Coinbase's support acts as a strong endorsement, attracting institutional and retail investors alike.
Increased Accessibility: Listing Mina on Coinbase's platform has made the cryptocurrency more accessible to users and enhanced its liquidity.
Growth Projections for 2025:
Given its technical features and strategic backing, Mina Protocol is on a path to success. Key factors likely to drive its substantial growth by 2025 include:
High Scalability: Mina's ability to handle a large volume of transactions without increasing blockchain size makes it ideal for broader applications, including DeFi and NFTs.
Focus on Privacy: By leveraging zk-SNARKs, Mina offers robust privacy capabilities, catering to the growing demand for secure and private protocols.
Increased Institutional Adoption: With support from Coinbase and expanding partnerships, Mina is well-positioned to capture the attention of major organizations and enterprises.
Challenges:
While Mina Protocol has a promising trajectory, it also faces challenges. Competition from other scalable blockchain projects and the need to attract more developers to build a stronger ecosystem are among the key hurdles. However, its innovative approach and existing support could turn these challenges into opportunities.
Conclusion:
With its advanced technology and strategic support from Coinbase, Mina Protocol stands out as one of the most promising blockchain projects. If it can address its challenges and expand its ecosystem, Mina is likely to experience remarkable growth and adoption by 2025. Investors and blockchain enthusiasts should closely monitor the developments of this project.
Gold Trade Plan 19/12/2024Dear Traders,
last night Market crashed by powell
i expect price will be continue Downtrend ,and my Final target is around 2660-2664
"If you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content."
Regards,
Alireza