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eth 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! 📊💡"
Long
by Golden_candle
11
Solana (SOL/USDT) AnalysisSolana has shown a strong recovery from the support zone around $170, confirming buyers' interest in this region. The price is currently trading around $237, breaking above a key resistance area. Key Levels: Support Zone: $170 - $180 This area acted as a strong demand zone where buyers entered aggressively. Resistance Zone: $250 - $260 The price is currently approaching this resistance. A successful breakout will confirm bullish continuation. Bullish Scenario: If the price breaks and closes above the $250 - $260 resistance zone, we could see Solana targeting higher levels, with the next major target around $300. The overall market structure remains bullish as long as the support at $170 holds. Bearish Scenario: Failure to break the $250 - $260 zone could lead to a pullback toward the $200 level or even the $170 support zone. Traders should watch for signs of rejection near resistance. Conclusion: Solana has a bullish outlook, with the potential for further upward movement if it clears the resistance. Keep an eye on volume and momentum indicators for confirmation. A breakout above $260 would likely attract more buyers.
Long
by Tradeaione
Bitcoin's Next Move: Weekend Trade Opportunities! Bitcoin has enjoyed an impressive rally over the past four days, but as we approach the weekend, price action is encountering some resistance levels, presenting potential short opportunities. Resistance Zone and Short Setup: The resistance zone lies between $104,464 (Fib 0.786 and Weekly Level) and $106,176 (Fib 0.886 and Daily Level). This range offers a low-risk shorting opportunity with clearly defined targets. 1.) Short Entry #1: Weekly Level at $104,464 (Fib 0.786) Stop Loss: Above $107,000 Take Profit: Around $101,000 - $100,000 (Psychological Level) Risk-Reward (R:R): ~1:1 2.) Short Entry #2: Daily Level at $106,176 (Fib 0.886) Stop Loss: Above $107,000 Take Profit: Around $101,000 - $100,000 (Psychological Level) Risk-Reward (R:R): ~4:1 Support Zone and Long Setup: The support zone lies between $101,058 (Fib 0.618 of Current Wave) and $99,521 (Fib 0.382 of Entire Wave). Within this range, a laddered long position can be constructed for a high-probability trade setup. Long Entry: Between $101,058 and $99,521 Stop Loss: Below $98,500 Take Profit: Around $103,000 Risk-Reward (R:R): ~2:1 Confluences for Support Zone: Anchored VWAP: Projected support around $100K, reinforcing the psychological significance of this level. Psychological Level: 100K Fib Retracement: 0.618 + 0.382 Fib Speed Fan (0.5): The speed fan aligns with support near $100K, depending on timing. Value Area High (VAH): The VAH of the range strengthens the case for the support zone and long setup.
Short
by SiDec
LTC Trade Zones: Short or Long?LTC has been making some moves recently, with a solid rise getting close to a key high. But the current price action hints at an ABC corrective structure, so a pullback could be on the way. Short Setup: Entry: Between the 0.618 and 0.786 Fibonacci retracement of the current wave Stop Loss: $141.4 (the previous high) Target: $130.7 R:R: About 2:1 Long Setup: Entry: Around $130, with confirmation Stop Loss: $126.45 Targets: First at $134 Second at $147 (the key high) R:R: A nice 5:1 potential Why These Levels? The $130 support zone lines up with the 1:1 Trend-Based Fibonacci Extension ($130.29) It’s also near a previous swing high, adding more weight to it as a strong level Plan: If price moves into the retracement zone, a short trade targeting $130 makes sense If it hits the $130 support and shows strength, a long setup targeting $134 and $147 could be a great play
Short
by SiDec
AMD coiling to $148-160 range by post-earnings- NASDAQ:AMD is one of the beaten down names. It's not too cheap at the current valuation but it's growth for upcoming 2-3 years are promising which deserves a higher multiple. - 25%+ growth rate when revenue is in billions is a big deal unlike NASDAQ:PLTR which has high 20s % growth rate on a revenue of 250 mil a quarter. - Technical supports strong rebound to 148-160 range to test 200 SMA. Good setup for Q1 2025. - Downside risk is to 94-105 if it continues to meltdown.
NASDAQ:AMDLong
by bigbull037
Ethereum's Critical Resistance Breakout OpportunityEthereum (ETH/USDT) is currently approaching a key resistance level that has historically acted as a turning point for the price. The highlighted yellow line marks this resistance zone, which has rejected price action in the past. If Ethereum can break above this resistance, it has the potential for a significant upside move. Key Observations: Resistance Level: The yellow line on the chart represents a major resistance level. Breaking above this line could lead to a 47% potential upside based on historical price patterns. Volume and Momentum: A breakout will require strong volume and bullish momentum. Traders should monitor whether Ethereum forms higher highs on shorter timeframes as confirmation. Target Levels: If the breakout occurs, the price is likely to test new highs, with the projected 47% gain aligning with prior bullish extensions. Risk Management: Stop Loss: Place a stop loss slightly below the resistance line to minimize risk in case of a false breakout. Support Level: The recent consolidation zone below the resistance can act as a support if the breakout fails. Market Context: Macro market conditions, Bitcoin’s trend, and Ethereum's network developments (e.g., updates or adoption) will play a significant role in validating this move.
Long
by Tradeaione
BTC Correction Incoming? Key Support Zones to MonitorOver the past 50+ days, Bitcoin has been consolidating within a well-defined range, with the all-time high (ATH) at 108K marking the upper boundary and 90K as the lower boundary. The current price action has formed a Head and Shoulders pattern, with the neckline positioned around 90K. Volume and Recent Price Action Volume has notably decreased compared to the elevated levels seen in November and December 2024, signaling weakening momentum. Price rose significantly to 102.7K, reaching the 0.666 Fibonacci retracement level of the current downtrend, where it faced a sharp rejection. This rejection led Bitcoin to test the lows around 91.5K. Key Resistance Levels 97K (POC): The Point of Control (POC) of the current range sits around 97K, which also aligns with the anchored VWAP taken from the all-time high. 98.3K (Fib 0.618): The Weekly Open (wOpen) coincides with the 0.618 Fibonacci retracement of the current downward wave, making it a significant resistance level. 100K (Psychological Level): A critical psychological barrier, also serving as a key level for setting stop-loss orders for short positions. Short Trade Setup A short position could be built in the range of 97K-98.3K, with the following parameters: Stop-Loss: Above 100K. Target: 84-80K range. Risk-to-Reward Ratio (R:R): A favorable 3:1 to 4:1, depending on laddered entries. Key Support Levels and Confluence Zone (80K-83K Region) The 80K-83K region stands out as a strong support zone due to multiple confluence factors: 1.) Fib Retracement Levels: 0.618 (82.7K): From the swing low of 67K to the ATH of 108K. 0.5 (80.45K): From the broader wave structure (52.5K to 108.35K). Negative Fib -0.618 (81.1K): From the current downward wave. 2.) Anchored VWAP: Anchored from 6th September 2024, currently aligning with the 82K level. 3.) ]Fib Speed Fan (0.618): Taken from the low at 52.5K to the ATH, intersecting with the 80-82K region around mid-to-late January. Long Trade Setup The 80K-83K support zone presents a strong opportunity for a long position for those who missed the previous uptrend: Entry Zone: Between 80K and 83K. Stop-Loss: Below 78K or lower. Target: 90K, which aligns with the neckline of the Head and Shoulders pattern. Risk-to-Reward Ratio (R:R): Approximately 2:1 if entering from the 80K level.
Short
by SiDec
DOGE’s Next Move: Key Levels to WatchAfter a remarkable bull run from September to December 2024, DOGE concluded its rally with a rising wedge pattern, a sign of exhaustion. This structure also marked the completion of a 5-wave Elliott structure. The breakdown from the wedge came with a clean retest, followed by a significant drop. Current Market Outlook The new year began with a bullish rise, reaching the 0.618 Fibonacci retracement level at $0.364 (drawn from the high at $0.48434 to the low at $0.26216), a great short setup. Presently, DOGE appears to be forming an ABC corrective structure, with wave C in progress. Additionally, a Head and Shoulders pattern is developing, with the neckline sitting close to the yearly open at $0.316. Support and Confluence Zones 1.) Fibonacci Level: The 0.618 Fibonacci Retracement of the 5-wave structure is positioned at $0.2353, which aligns with the Head and Shoulders target for strong confluence. 2.) Fair Value Gap (FVG): There is an unfilled FVG and November’s untested high at $0.22888, which adds significant support confluence. 3.) Trend-Based Fib Extension: Using the Trend-Based Fib Extension from wave B, the 0.786 Fib lies near the $0.2353 - $0.22888 range for further alignment. 4.) Monthly Level: The monthly level at $0.22 strengthens the case for this zone being a critical support area. 5.) Fib Speed Fan: If price drops to the $0.2353 - $0.22 region between January 17th and the end of the month, the 0.75 Speed Fan Fibonacci will also align with the support zone, further emphasising its importance as the fair value trend line. Trade Setups Short Setup: Entry: Around the $0.397 0.618 Fib Retracement level Stop Loss: Above $0.43 Take Profit: Targeting around $0.25/24 Risk-to-Reward (R:R): ~5:1 Potential Long Setup: Entry: Within the $0.2353 - $0.22 support zone (confirmation needed) Stop Loss: Below $0.22 Take Profit: Targeting around $0.275
Short
by SiDec
SCALPING ! XAU ! Gold correction - back to BUY entry⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: This week's US data indicated easing inflation, boosting expectations of two rate cuts by the Federal Reserve this year, which supported the Gold price. Additionally, Fed Governor Christopher Waller stated on Thursday that inflation is expected to decline further and suggested three or four rate cuts might occur if US economic conditions worsen. The prospect of Fed rate cuts drove a further drop in US Treasury yields and kept the US Dollar near a one-week low, providing extra support to XAU/USD. ⭐️Personal comments NOVA: Gold is adjusting down as necessary, balancing the market. Short and long term frames are still showing that the upward force will continue. ⭐️SET UP GOLD PRICE: 🔥BUY GOLD zone: $2700 - $2698 SL $2695 TP1: $2704 TP2: $2708 TP3: $2715 ⭐️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
OANDA:XAUUSDLong
by Nova-Scalper
1
TURBOUSDT: Breakout Incoming or Another Fakeout? Hey traders! Today we’re watching BINANCE:TURBOUSDT.P The price is consolidating around 0.0084450 USDT , testing a key resistance level. We’re seeing a classic ascending triangle forming — a textbook pattern before a big move. Will we see a breakout, or is this just another fakeout? --- 🔑 Key Levels: Support: 0.0082000 USDT — a key level where buyers could step in again. 0.0080000 USDT — the last line of defense before a potential drop. Resistance: 0.0087261 USDT — the first barrier keeping price in check. 0.0087928 USDT — the final line before a potential surge. --- 🚩 Trading Strategy: Entry Point: - Long entry on a confirmed breakout above 0.0087261 USDT with volume confirmation. Stop-Loss: - Place a stop below 0.0082000 USDT to avoid unnecessary drawdowns. Take-Profit Targets: 0.0087928 USDT — the first level to lock in some profits. 0.0090000 USDT — a target in case of a strong impulse. --- 📈 Technical Analysis: An ascending triangle is forming, signaling potential accumulation. Increasing volume near resistance indicates strong buyer interest. If the breakout fails, we may see a retest of support before another attempt. --- 💡 Conclusion: This setup looks promising, but confirmation is key. What do you think? Seeing order book liquidity or potential rejection signs? Let’s discuss in the comments!
Long
by Max_Pr0fit
XAU SCALPING ! Resistance 2712 entry SELL ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: The yield on the benchmark 10-year US Treasury bond continued to pull back from the 14-month high reached on Monday, pushing the US Dollar to a one-week low. However, investor confidence that the Federal Reserve will pause its rate-cutting cycle later this year has renewed demand for the USD, limiting gains for XAU/USD. Richmond Fed President Tom Barkin acknowledged progress toward the central bank's 2% inflation target in recent data but emphasized the need to maintain restrictive interest rates. ⭐️Personal comments NOVA: Uptrend continues today - scalping sell short resistance zone 2712 ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2712 - $2714 SL $2717 TP1: $2708 TP2: $2703 TP3: $2695 ⭐️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
OANDA:XAUUSDLong
by Nova-Scalper
3
Prepare to BUY Spot XVGUSDT (D1 Cycle) 🌟 XVGUSDT is entering a new D1 cycle – A great opportunity for short-to-mid-term gains! 🌟 🌍 Market Overview: XVGUSDT is showing strong bullish potential on the D1 timeframe. This creates a strategic entry to capitalize on the upward movement once the bottom is confirmed. 📊 Trade Plan: 📌 Entry Point: Around $0.0088 or near that level after forming a clear bottom on D1. With Indicator: Use your trusted setup to confirm the entry for optimal precision. 🎯 Target: 100% gain from the bottom – Targeting a significant profit based on the market's performance. ⏳ Hold Time: 2–3 weeks – Perfectly aligned with the projected D1 cycle. 💡 Note: Combine the suggested price point with your indicator setup to ensure precise entry. Stay flexible and adjust your strategy as the market evolves. 🔥 XVGUSDT is gearing up – Don’t miss this short-to-mid-term trading opportunity! 🔥
Long
by rainbow_sniper
2720 ​​- wait for gold price to touch this bullish zone⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold price (XAU/USD) reached a new one-month high during Thursday's Asian session but struggled to sustain momentum above the $2,700 level. Reduced concerns about US President-elect Donald Trump's proposed trade tariffs and expectations of two potential Federal Reserve (Fed) rate cuts this year have supported positive market sentiment. However, a slight uptick in the US Dollar (USD) has limited further gains for the safe-haven metal. ⭐️Personal comments NOVA: Short and long trends are both supporting the uptrend - resistance zone 2720 H4 frame waiting for price to reach today ⭐️SET UP GOLD PRICE: 🔥BUY GOLD zone: $2677 - $2675 SL $2670 TP1: $2685 TP2: $2692 TP3: $2700 🔥SELL GOLD zone: $2720 - $2722 SL $2727 TP1: $2710 TP2: $2700 TP3: $2690 ⭐️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
OANDA:XAUUSDLong
by Nova-Scalper
6
RAY ANALYSIS📊 #RAY Analysis : Update ✅As we said earlier, #RAY performed same. Resistance1 done in #RAY. There is a formation of Flag and Pole Pattern on daily chart.🧐 Current we can see a little retest and then we could target for next resistance 👀Current Price:  $5.520 🚀 Target Price:    $6.390 ⚡️What to do ? 👀Keep an eye on #RAY price action and volume. We can trade according to the chart and make some profits⚡️⚡️ #RAY  #Cryptocurrency  #TechnicalAnalysis  #DYOR
Long
by ZEUS_Market_Alerts
1
JUPITER - To the 'moon' (soon!)This is a really interesting alt. It shot up significantly, and then is seeing what looks like a classic Elliot Wave triangle for a potential wave 4 of 5 of 1. If it is, then we should see the lower trendline breached any time soon, but only to come back within the channel and then upwards to wave 5. If the piercing occurs and we come back within the channel, it's looking really strong. But, only take your buy orders once the upper trendline has been decisively breached. Never within the channel unless you are going to 'trade the bumpers', but that's a low confidence trade in my opinion. Goog luck and follow and share for more.
Long
by cryptechcapital
Potential Movement to LEG B upon Channel BreakoutWhen analyzing the BTC/USDT chart, we observe a critical price action pattern. The chart highlights a price channel currently being tested. If the price successfully breaks above this channel, there is a high likelihood of the price moving towards LEG B, marked on the chart. Channel Breakout: The resistance of the price channel is a significant level to monitor. A breakout above this level would indicate bullish momentum. Target LEG B: Post breakout, the next potential resistance zone or target lies at the price level indicated by LEG B. Risk Management: As always, traders should exercise caution, set proper stop-loss levels below the breakout zone, and consider the overall market sentiment. Support Levels: The orange lines on the chart represent key support zones at approximately 99,710.97 and 98,997.03. Entry Point: A confirmed breakout above the channel would serve as an ideal entry signal for a long position. Indicators: Complement this analysis with volume indicators to confirm the strength of the breakout. This setup provides an excellent opportunity to capitalize on the breakout. However, remain vigilant as false breakouts are always a possibility.
Long
by Tradeaione
Comments on gold price and CPI todayComment: Gold prices have recovered from their lows this week as weak US PPI data boosted expectations of a Fed rate cut. Meanwhile, potential tariffs proposed by Trump could weigh on inflation dynamics, weighing on gold prices and market sentiment. The rebound was driven by hopes of a looser monetary policy, with attention shifting to the CPI report later today. A weaker CPI reading could further bolster the case for a rate cut. Market sentiment and inflation: Gold is often seen as a safe-haven asset and a hedge against inflation. If CPI declines significantly, this could reduce demand for gold as a hedge against inflation. However, if CPI declines are accompanied by signs of economic uncertainty, gold prices could still rise due to safe-haven sentiment. Synthetic: • If CPI declines amid a healthy economy and a stronger US dollar, gold prices could fall. • If CPI falls along with expectations of Fed easing or concerns about a weakening economy, gold prices could rise. Set Gold price range: Buy Gold Range: $2647 - $2645 SL: $2640 TP1: $2652 TP2: $2657 TP3: $2662 Sell Gold Range: $2685 - $2687 SL $2691 ( European sessions ) TP1: $2680 TP2: $2676 TP3: $2670 Sell Gold Range: $2697 - $2699 SL $2704 TP1: $2692 TP2: $2687 TP3: $2680
OANDA:XAUUSDLong
by FM-ForexMastermind
XAU ! Scalping ! break trend price increase towards 2700⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Eased concerns over US President-elect Donald Trump's proposed trade tariffs have bolstered investor confidence, as reflected in the generally positive sentiment across equity markets. Additionally, the strong US jobs report has reinforced expectations that the Federal Reserve will pause its rate cuts later this month. This has kept US Treasury bond yields elevated, which could limit traders' appetite for aggressive bullish positions on non-yielding Gold. Attention now shifts to upcoming US consumer inflation data for fresh market direction. ⭐️Personal comments NOVA: M15 short term frame - shows price broke 2680 zone and is trending up stronger ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2697 - $2699 SL $2704 TP1: $2690 TP2: $2680 TP3: $2670 ⭐️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
OANDA:XAUUSDLong
by Nova-Scalper
4