Longsetup
Next Bitcoin Long Setup at $87K
Next Bitcoin Long Setup at GETTEX:87K
Hey Crypto Enthusiasts,
I'm eyeing a LONG setup on Bitcoin (BTC) at the $87,000 mark. Here’s why this level is significant:
Historical Resistance: GETTEX:87K has previously acted as a resistance level where Bitcoin faced considerable selling pressure. Breaking this barrier could signal strong bullish momentum.
Market Sentiment: With recent posts on X discussing accumulation around this price point, there seems to be a consensus forming around this level as a potential entry point for long positions.
Technical Indicators: Technical analysis from various sources suggests that this price could be where Bitcoin consolidates before another push to new highs. Analysts are looking at GETTEX:87K as a key area for a bullish breakout, especially if Bitcoin reclaims $59,600 first, which could act as a springboard.
Market Dynamics: The surge past GETTEX:87K in November 2024, coupled with significant institutional inflows and a post-election rally, indicates that this level could be a pivot for the next leg up. With Bitcoin ETF volumes soaring and daily network inflows robust, the stage seems set for a possible rally.
My Strategy:
Entry Point: I'm setting my limit orders around $86,386, just below the GETTEX:87K mark, to catch any dip buying opportunities.
Stop Loss: Manual stop loss below $83,831 on a 4-hour close to protect against unexpected drops.
Targets: Aiming for new highs, with immediate targets at $93K and $96.5K, based on current market liquidity and futures data.
Remember, always do your own research and manage risk appropriately. The crypto market can be volatile, and this is just one perspective on a potential setup.
Stay tuned for updates, and let's see if Bitcoin can make another significant move!
Merry Christmas!
#Bitcoin #CryptoTrading #LongSetup
This is not financial advice
GOLD → Short to Medium-Term OutlookDear Traders, Ben here!
Recently, gold has been struggling to sustain its peak at $2,633. The bullish momentum for gold has been hindered by several factors, including the Fed's anticipated slowdown in the pace of interest rate cuts moving forward.
On the 1H chart, although the uptrend remains supported and the parallel channel has been broken, there are signs of a potential top forming around $2,633. The current support level stands at approximately $2,618. Should this level be breached, it could drive gold into a deeper decline, potentially reaching $2,603.
$ZETA will continue to climb up > $30 - Ignore FUD, accumulate like the whales 🐋
- Zeta Global Holdings Corp. (NYSE: ZETA) reported robust financial performance in the third quarter of 2024, with revenue reaching $268 million—a 42% year-over-year increase.
STOCK TARGET ADVISOR
- This growth underscores the company's strong market position and effective strategic initiatives.
- Analysts have responded positively, with Needham & Company LLC reaffirming a "buy" rating and setting a price target of $43.00, suggesting a potential upside of approximately 99.81% from the current share price.
ALRS 1D Long Investment Aggressive CounterTrend TradeAggressive CounterTrend Trade
- short impulse
+ volumed T1
+ support level
+ biggest volume Sp
+ weak test
+ first bullish bar close entry
Calculated affordable stop limit
Take profit
1/3 - 1 to 2 R/R
1/3 - 1D T2 / 1M T2
1/3 - 1/2 of 1Y
Calculated affordable stop limit
Take profit
1/3 - 1 to 2 R/R
1/3 - 1D T2 / 1M T2
1/3 - 1/2 of 1Y
Monthly CounterTrend
"- short impulse
+ volumed TE / T1
+ support level
+ volumed Sp
+ test"
Yearly Trend
"+ long impulse
+ 1/2 correction
+ T2 level
+ support level
+ manipulation"
ENA....easy 5x in upcoming altcoin seasonEna is an Ethereum-based token powering the Ena ecosystem, focused on decentralized finance (DeFi) and blockchain innovations. With a robust staking mechanism, utility in governance, and growing adoption in Web3, Ena offers long-term growth potential. Its unique features cater to both developers and users, driving engagement in the decentralized economy easy candidate for 5x in Q1 Altseason.
ADA - Gearing Up for a Breakout?After an impressive rebound from the trend-based Fibonacci extension 1:1 at $0.7655, ADA has been consolidating between $0.92 and $0.85 for the past two days. As the new week begins, today's wOpen at $0.8834 is a critical support level, perfectly aligning with the key level at $0.8806. Holding above these levels reinforces a bullish outlook.
Key Insights and Trade Setups:
Support Zones to Watch:
$0.8834 (wOpen) and $0.8806 (Key Level).
Maintaining above these levels keeps the bullish structure intact.
Long Setup Options:
A great long opportunity was from today’s wOpen ($0.8834).
Alternatively, wait for a retracement to the golden pocket at $0.8877 of this current wave.
R:R: 2.5, a solid potential reward for the risk taken.
Target for Long Trades:
Aim for the Fibonacci 0.618 level at $0.9448, which aligns with the daily resistance level.
This zone also represents a high-liquidity area where short sellers may be forced to exit positions.
Pattern Confirmation:
The potential formation of an Adam and Eve pattern strengthens the bullish case. Confirmation comes above $0.9155, suggesting further upside.
Scalping XAU ! Short recovery trend 2645 monday⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) continues to rebound from the one-month low reached last Thursday, marking its third consecutive day of gains as the new week begins. The metal maintains its upward momentum during the early European session, supported by safe-haven demand fueled by geopolitical tensions and concerns over trade disputes. However, the generally optimistic market sentiment limits further upside for the precious metal.
⭐️Personal comments NOVA:
Gold is currently sideways in the price range of 2620-2630, short-term recovery trend, target retest range 2645
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2626 - $2624 SL $2621 scalping
TP1: $2632
TP2: $2640
TP3: $2645
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
GOLD--> Just one step away from $2700Hello everyone, Ben here!
Last week, we witnessed a significant drop in gold prices, with the precious metal hitting a low of $2,583 at one point. Currently, gold is trading around $2,623, maintaining a stable position this week.
The rebound in gold prices at the end of last week was supported by the weakening USD and a decline in U.S. Treasury yields. This was driven by the latest economic data, which revealed that U.S. inflation is slowing down, easing the pressure on gold prices.
Personally, I, Ben, strongly believe that the upward trend for gold will gain more certainty in the coming period. However, gold must break through the current resistance levels to further expand its growth potential. On the other hand, if the price falls below the $2,620 support level, it could drop further to the dynamic support at $2,600. From there, we might expect the upward trend to resume, with potential targets at $2,650 and $2,700 in the foreseeable future.
Stay sharp and trade wisely!
Yours truly, Bentradegold.
USDJPY → Price Struggles at Resistance, Eyes a PullbackHello, my wonderful friends of Ben!
Recently, USDJPY has been struggling to maintain its peak around the 154.00 USD level. The bullish momentum of USDJPY has been hindered by several factors, including the ongoing Fed interest rate meeting.
Fundamentally, today is a critical day for the market. At 19:00 GMT, the Fed’s interest rate meeting, with a 93% probability of a 0.25% rate cut decision, will take place. This will make the dollar less attractive. If the dollar starts to adjust downward, it will affect the corresponding currency pairs. However, I do not rule out the possibility that, amidst high volatility, the price could form a retest of the resistance level and a false breakout.
Personally, Ben expects the price to consolidate below the resistance area around 155.00, with corrective pressure against the trend dominating in the near future. The current support level is around 152.01. If this level is breached, it could lead USDJPY to a deeper decline, potentially reaching 149.37.
Best regards,
Bentradegold!
etcusdt midtem long"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
PNUTUSDT → Consolidating for a Potential Explosive RallyBINANCE:PNUTUSDT following a sharp decline, PNUT is showing signs of a powerful comeback. The chart reveals a classic reversal pattern, indicating the potential for a bullish surge.
While Bitcoin remains flat, PNUT is taking center stage with a double bottom formation, signaling strength and an entry into the rally phase. The next big challenge? The resistance zone at 0.75. Breaking above this level and solidifying support could be the launchpad for an impressive ascent. Primary target is 1.0, next targets are 1.15, 1.35.
GOLD → Interest rates are dropping, so why is gold falling?Hello, dear friends! Ben here!
Gold prices remain consolidated below the $2,600 level following a strong two-way price movement in the previous session and stay near their lowest point in over a month.
The primary reason for the decline in gold prices is the recent decision by the U.S. Federal Reserve (Fed) to cut interest rates by an additional 0.25%. While this move was widely anticipated, the Fed also indicated that it plans to reduce rates at a slower pace in 2025. The impact of recent Fed rate cuts had already been priced into gold. At this point, investors are eager to know how many rate cuts the Fed will execute in 2025.
According to the Fed's latest interest rate projections, only two rate cuts are expected in 2025, compared to four cuts projected in the September forecast. In theory, the Fed’s hawkish stance has worked effectively: the dollar has strengthened, and the markets have weakened.
Today, all eyes are on GDP and the PCE data—an index the Fed considers a key measure of inflation.
From a technical perspective, after retesting the previously broken channel boundary and an imbalance zone, gold prices have dropped further. As a result, a clear trend is emerging that warrants close observation. If the price fails to hold above the critical support level around $2,586/ounce, it is highly likely to decline toward the $2,521/ounce area.
Sincerely,
Bentradegold!
NEAR - Primed for Action: Long Setup to $6 NEAR experienced a strong bounce after a significant sell off. The price has now retraced into the golden pocket zone (0.618–0.666 Fibonacci retracement) and appears to be accumulating within this range atm.
Key Observations and Trade Setups:
Accumulation at Golden Pocket:
The formation of a trading range in this area indicates that buyers are stepping in.
Once volume begins to pick up, it could signal the start of an upward move.
Upside Target:
Using the Trend-Based Fibonacci Extension, we project a 1:1 target around $6, which coincides with a key resistance level and another golden pocket zone.
This provides a potential gain of +22% for the long trade over the coming days.
Short Opportunity at Resistance:
The $6 level represents a strong confluence of Fibonacci and resistance, offering an excellent shorting opportunity if the price gets rejected there.
Trade Plan:
Long Setup:
Entry: Current accumulation zone around $5, also a key level to watch
Target: $6 for a possible +22% gain
Stop Loss: Below $4.50
Short Setup:
Entry: Around $6, once rejection is confirmed
Target: Depending on confirmation, potentially back to the golden pocket zone
WLD ANALYSIS🚀#WLD Analysis : What Next ??💲
✅As we can see that there was a formation of "FALLING WEDGE PATTERN" in #WLD. We are expecting a bullish move in #WLD after a breakout of falling wedge pattern
🔰Current Price: $2.220
🎯 Target Price: $3.080
⚡️What to do ?
👀Keep an eye on #WLD price action. We can trade according to the chart and make some profits. Stay tuned for further analysis and stay updated with market sentiments and news.⚡️⚡️
#WLD #Cryptocurrency #TechnicalAnalysis #DYOR
BTC/USDT ! HOUR DESCENDING BROADENING WEDGE LONG TARGET 105KIn this idea I have a clean descending broadening wedge that is about to take off to 105k. Target is clearly marked and should hit that no problem. If you agree throw me a like and follow me for more setups that keep you in the money. Much love - ND
Novo completely oversold🐂 Trade Idea: Long - NOVO
🔥 Account Risk: 20.00%
📈 Recommended Product: Stock
🔍 Entry: +/- 750.00
🐿 DCA: No
😫 Stop-Loss: 675.00
🎯 Take-Profit #1: 1,000.00 (50%)
🎯 Trail Rest: Yes
🚨🚨🚨 Important: Don’t forget to always wait for strong confirmation once possible entry zone is reached. Trade ideas don’t work all the time no matter how good they look. Do not get a victim of FOMO, there is always another trade idea waiting. 🚨🚨🚨
If you like what you see don’t forget to leave a comment 💬 or smash that like ❤️ button!
—
Novo Nordisk is completely oversold (in fear of RFK) and so is the rest of the Pharma sector as well. Nevertheless, Novo is still printing money and trial results for a new product should come in end 24 or beginning 25 for the oral version of the weight loss drug. The fear over political decisions in the US should be used to buy the Pharma sector. For me, it is Novo and Regeneron.
—
Disclaimer & Disclosures pursuant to §34b WpHG
The trades shown here related to stocks, cryptos, commodities, ETFs and funds are always subject to risks. All texts as well as the notes and information do not constitute investment advice or recommendations. They have been taken from publicly available sources to the best of our knowledge and belief. All information provided (all thoughts, forecasts, comments, hints, advice, stop loss, take profit, etc.) are for educational and private entertainment purposes only.
Nevertheless, no liability can be assumed for the correctness in each individual case. Should visitors to this site adopt the content provided as their own or follow any advice given, they act on their own responsibility.
SMLT 1H Swing Long Aggressive CounterTrend TradeAggressive CounterTrend Trade
- short impulse
- unvolumed T1
+ support level
+ volumed 2Sp+
+ weak test
+ biggest volume first buying bar close entry
Calculated affordable stop limit
1 to 2 R/R take profit
Daily CounterTrend
"- short impulse
+ volumed T1
+ support level
+ volumed manipulation"
Monthly Trend
"+ long impulse
+ T2 level
+ support level
+ biggest volume manipulation"
Yearly trend
"+ T1 level
+ support level
+ biggest volume manipulation?"
etc long midterm"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
GBP/USD--> Just One Step Away from a Further DeclineHello everyone, Ben here!
Today, GBP/USD continues to face significant challenges. The pair remains under pressure due to a negative fundamental backdrop, the strengthening of the US dollar, and the emergence of a critical resistance zone. These factors all point to the likelihood of a sustained bearish trend.
Yesterday, the UK GDP figures were released, showing no change. This lack of improvement leaves the British pound without any meaningful upward catalysts. Meanwhile, the US dollar finds support from recent market dynamics. Despite rate cuts, the dollar is gaining momentum, bolstered by hawkish rhetoric and expectations of economic growth. Against the backdrop of Trump-era policy shifts, the medium-term outlook for the greenback appears favorable.
From a technical perspective, GBP/USD is currently testing a high-risk resistance zone. If a false breakout occurs, it could trigger a short-term rebound. However, this reaction is likely to be temporary. Following such a move, the pair may target a retest of local resistance levels. Yet, the real focal point lies in the support test within the next 1–3 days, which could set the stage for a deeper decline.
A crucial level to watch is 1.2488. Should a base form at this point before any significant breakout, it would reinforce the bearish outlook and pave the way for further downward movement.
Stay sharp and trade wisely!
Yours truly, BenTradeGold.