Stimulus Hopes Test Downtrend Resistance as Bulls Eye BreakoutChinese policymakers have unveiled another round of measures aimed at boosting sentiment and valuations in mainland stock markets, pushing insurers and state pension funds to increase future allocations.
Who knows whether it will work—the headlines are essentially recycled with a bit of extra detail. Previous stimulus attempts have also fizzled fast, as the price action over the past six months shows. But the announcement is timely, providing a catalyst to spark a bullish breakout.
A50 futures sit at an interesting juncture, sandwiched between downtrend resistance dating back to October’s stimulus euphoria and the critical 200-day moving average.
The price has already taken a couple of looks above the downtrend only to reverse back lower, including earlier Thursday after the details of the plan were released.
However, given the risk state funds may be ordered to buy to drum up excitement among retail investors, it will be interesting to see whether we see a rally into the close.
If we do and the price closes above the downtrend, one setup to consider would be to buy targeting 13200/50-day moving average, 13727, or even the double-top of 14366 set late last year.
Depending on your target and risk tolerance, a stop could be placed beneath the downtrend or 200-day moving average for protection.
Momentum indicators have turned bullish, potentially improving the probability of a breakout sticking.
Good luck!
DS
M-oscillator
Cycle similarity according to Pi-Cycle Top Risk/DeflectionAligning the bottoms of the Pi-Cycle Top Risk (PCTR)/Deflection (PCTD) indicator shows that this cycle has shown more similar behavior to the 2016-2017 cycle than the 2020-2021 cycle. So far we have had two major waves of the PCTR/PCTD, just as in the 2016-2017 cycle. The 2020-2021 cycle only had one. The third larger wave in the 2016-2017 cycle led to the blow-off top.
This is just one piece to the puzzle, but I think we are looking at a "smoother" cycle until the top (similar to 2016-2017), but I don't think we will get a blow-off top again in $BTC. I'm looking for more of a Wykoff distribution top like the first top in 2020-2021.
--Da_Prof
$TRUMP 1H Chart Analysis – Bearish Sentiment with Key LevelsHere's my quick take on $TRUMP's 1-hour chart:
🐻 Current Sentiment: Bearish
Key Highlights:
🔴 Resistance Rejected: A failed breakout rally indicates selling pressure at higher levels.
🔴 Fakeout Rally: A fakeout near resistance has further strengthened the bearish case.
🔴 RSI: Not yet oversold, signaling there may still be room for downside.
🟢 Stoch RSI: Oversold, suggesting a potential short-term bounce near support levels.
Key Levels:
Resistance Zone: $40.50 - $46.00 (Ideal shorting opportunity when overbought).
Support Zone: $30.40 - $31.37 (Potential entry point for long positions).
My Plan:
Short at resistance or during overbought conditions.
Watch for a bounce near the support range.
Closing Thoughts:
This is a short-term analysis that’s only valid for the next 12 hours, so stay sharp! What’s your take? Bullish or bearish? Let’s discuss!
#CryptoTrading #TRUMP #Altcoins #TechnicalAnalysis #BearishTrend
SHOP Go Long! Will it break out this time?Recently SHOP has retraced and held the 50% Fib level and has been trading within a channel where it is about at the mid point of it. The King Trading Momentum Strategy yesterday issued a buy signal. This strategy combines the 5 EMA crossing above the 13 EMA, RSI strength, favorable momentum as measured by ADX plus evaluating recent volume changes. It has been forming a bull flag on the hourly and pre-market suggests this may be ready to break out. I followed the signal and bought a half position, looking to protect the trade at take-profit of 4%. During backtest this proved to be an optimum area and a stop-loss of 3% is warranted. SHOP and over 100 equities are built into this script. If trade protects at 4%, a trailing stop-loss of 2% will be adhered to in order to lock in as much profit as possible if this stock breaks out of the descending channel! I'm thinking its not too late for me to add to this position given typical morning volatility.
$SPY January 22, 2025AMEX:SPY January 22, 2025
15 Minutes.
The gap between 200 and price in 15 minutes is more than 12$.
For the extension from recent low near 575 to 592 to 589 604 targets will be achieved.
But there is oscillator divergence.
A pull back this week to 597-598 levels which is 100 averages on 15 minutes will be a good entry point for long.
For the day holding 601 is important.
"Look At The Gold Price...You Will Notice 3 Things"Honestly life is no fair.Sometimes you are trying to me something for yourself and you fail.
Meanwhile you are feeling lonely because you are on this journey of capitalism alone.
But there is hope if you don't give up.
When you look at the price of gold TVC:GOLD
You will notice 3 things:
👉The price is above the 50 EMA
👉The price is above the 200 EMA
👉The price has the #1 candlestick pattern
What is The #1 Candlestick Pattern?
Look close enough you will see 3 Green Candlesticks this pattern
according To Steve Nissan's Book showing you candlestick patterns
Is called the 3 white soldiers
This candlestick pattern is a bullish pattern showing you a rally up
This is what I called the rocket booster strategy.
To learn more about it rocket boost
This content.
Disclaimer ⚠️ Trading is risky please learn risk management and profit taking strategies because you will lose money.
Also use a simulation trading account before you use real money.
RUS 2000 | Market Crash AheadDetailed analysis in regards to my latest video.
Comparing RUS to the general markets we can see that SPX is overperforming which can be used as a leading indicator to prepare for a possible crash to come most likely mid year Q2 - Q4 and bleeding into 2026.
I also added DJT to the mix and it also is underperforming to what the SPX is doing now days.
What does this mean for crypto?
We can see BTC attempt to make one more leg to the upside, no more than $300k and at least a 100% runup from current levels ~($108k).
Altcoins will most likely look to rip Q2 - Q3 as BTC.D struggles to run any higher.
DXY is also at a structural low ~(100) and will look to finish its goal to hit ~120.
My original call since 2021 was to see BTC hit $300k by 2025 - 2026. We'll see if price action surprises me!
My SPX call in 2023 also gladly hit $6,000..we'll see whats next to come👀
Will Solana (SOL) Reach $1000? Positive Momentum Beyonds Memes
Solana (SOL), known for its high transaction speeds and low fees, has experienced periods of significant growth and equally dramatic pullbacks. The question on many investors' minds is whether SOL can reach the ambitious target of $1000. While key technical indicators point to positive momentum, the network faces challenges that extend beyond the fleeting influence of meme hype. This article examines the factors influencing Solana's price trajectory, weighing its potential for significant growth against the hurdles it must overcome.
Technical Indicators Paint a Bullish Picture (For Now)
Currently, several technical indicators suggest positive momentum for SOL. The price consistently holding above both the 50 and 200-day moving averages is a bullish sign. These moving averages are widely used by traders to identify trends, with the 50-day MA representing short-term momentum and the 200-day MA indicating the long-term trend. When the price is above both, it suggests a healthy uptrend.
Other technical indicators, such as Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD), can provide further insights. If the RSI is trending upwards without reaching overbought levels (typically above 70), it suggests growing buying pressure. A bullish crossover on the MACD (where the MACD line crosses above the signal line) can also signal a potential price increase.
However, relying solely on technical analysis can be misleading. While these indicators can identify trends, they don't account for fundamental factors like network performance, adoption, and competition.
Beyond Meme Hype: Fundamental Strength and Adoption
Solana's initial surge in popularity was partly fueled by meme coins and NFT projects built on its blockchain. While this generated significant interest and trading volume, it also created a perception of Solana being driven by hype rather than fundamental value. For SOL to reach $1000, it needs to demonstrate sustainable growth based on real-world adoption and utility.
Several factors contribute to Solana's fundamental strength:
• High Transaction Speed and Low Fees: Solana's architecture allows for significantly faster transaction processing and lower fees compared to networks like Ethereum. This makes it attractive for decentralized applications (dApps) requiring high throughput, such as decentralized finance (DeFi) platforms and NFT marketplaces.
• Growing Ecosystem: Despite facing challenges, Solana's ecosystem continues to grow, with new projects and developers building on the network. This expansion is crucial for attracting users and driving demand for SOL.
• Technological Advancements: Ongoing development and upgrades to the Solana network aim to improve its stability, scalability, and security. These advancements are essential for addressing past network outages and building trust among users.
Challenges and Roadblocks
Despite the positive momentum and fundamental strengths, Solana faces significant challenges:
• Network Stability: Solana has experienced several network outages in the past, raising concerns about its reliability. Addressing these issues and ensuring network stability is crucial for attracting institutional investors and mainstream adoption.
• Competition: Solana faces intense competition from other layer-1 blockchains like Ethereum, Cardano, and Avalanche. These networks are also developing and improving their technology, making it challenging for Solana to maintain its competitive edge.
• Negative Perception: The past network outages and association with meme coin hype have created a negative perception of Solana in some parts of the crypto community. Overcoming this perception and building trust will be a key challenge.
• Coinbase Withdrawal Delays: The recent criticism of Coinbase for delays in processing Solana withdrawals is a concerning development. Such issues can erode user confidence and negatively impact the network's reputation. While Coinbase has its own operational issues and this may not be solely a Solana problem, it still reflects poorly on the overall user experience.
The $1000 Target: A Realistic or Distant Dream?
Reaching $1000 would require a significant increase in Solana's market capitalization. This would necessitate widespread adoption of the network, sustained growth in its ecosystem, and overcoming the existing challenges.
While the current technical indicators are positive, they are not a guarantee of future price appreciation. The success of Solana depends on its ability to:
• Maintain Network Stability: Addressing network outages and ensuring consistent uptime is paramount.
• Attract Developers and Users: Growing the ecosystem with innovative dApps and attracting a larger user base is crucial.
• Overcome Negative Perception: Building trust and addressing concerns about network reliability is essential for mainstream adoption.
• Compete Effectively: Staying ahead of the competition in the rapidly evolving blockchain landscape is vital.
Conclusion
Solana has the potential for significant growth, driven by its technological advantages and growing ecosystem. However, reaching the ambitious target of $1000 is a challenging task. While positive momentum is evident in current technical indicators, the network faces significant hurdles, including network stability issues, competition, and negative perception. Overcoming these challenges and demonstrating sustainable growth based on real-world utility will be crucial for Solana to achieve its full potential. The recent Coinbase withdrawal delays highlight the importance of smooth user experience and operational efficiency for any blockchain network aiming for mass adoption. Investors should carefully weigh these factors before making investment decisions.
Gold Breaks $2725 Resistance, Eyes Record HighGold is peeking above resistance at $2725, extending the bullish trend in place since late December.
If it can push above this level and preferably close there, it creates a decent bullish setup, allowing for longs to be established above with a tight stop beneath for protection.
The obvious target would be the record high of $2790 set in late October.
Momentum indicators such as RSI (14) and MACD are trending higher, providing bullish signals that improve the probability of the break sticking.
With price signals from US Treasury futures pointing to the possibility of lower yields near-term, a scenario that could also keep dollar gains capped, the macro environment looks more conducive for upside than periods in the recent past.
Good luck!
DS
NZDCAD GARTLEY PATTERNHarmonic Pattern Trading Strategy:
1. Combine patterns with 2-3 confirmations (e.g., MA, BB, RSI, Stoch) for increased accuracy.
2. Implement proper risk management.
3. Limit exposure to 3% of capital per trade.
4. Exercise caution: Not every Harmonic Pattern presents a good trading opportunity.
5. Conduct thorough diligence and analysis before trading.
Disciplined approach = Enhanced edge.
NZDUSD SHARK PATTERNHarmonic Pattern Trading Strategy:
1. Combine patterns with 2-3 confirmations (e.g., MA, BB, RSI, Stoch) for increased accuracy.
2. Implement proper risk management.
3. Limit exposure to 3% of capital per trade.
4. Exercise caution: Not every Harmonic Pattern presents a good trading opportunity.
5. Conduct thorough diligence and analysis before trading.
Disciplined approach = Enhanced edge.
combined guide for both the **Regime Classifier** and **kNN Here’s the combined guide for both the **Regime Classifier** and **kNN (k-Nearest Neighbors)** indicators with emojis, tailored for your TradingView chart description:
---
### **🔑 Individual Lesson Steps**
#### **Lesson 1: What is a Regime Classifier?**
👽 **Defining Market Regimes**
- A **market regime** refers to distinct market conditions based on price behavior and volatility.
- **Types of Market Regimes:**
- 🚀 **Advance** (Uptrend)
- 📉 **Decline** (Downtrend)
- 🔄 **Accumulation** (Consolidation)
- ⬆️⬇️ **Distribution** (Topping/Bottoming Patterns)
👾 **Why it Matters:**
- Identifying market regimes helps traders tailor their strategies, manage risk, and make more accurate decisions.
---
#### **Lesson 2: Anatomy of the Regime Classifier Indicator**
👽 **Core Components**
- **Median Filtering:** Smooths out price data to capture significant trends.
- **Clustering Model:** Classifies price trends and volatility into distinct regimes.
- **Volatility Analysis:** Analyzes price volatility with rolling windows to detect high and low volatility phases.
👾 **Advanced Features:**
- **Dynamic Cycle Oscillator (DCO):** Tracks price momentum and cyclic behavior.
- **Regime Visualization:** Color-coded display of market conditions to make trends and patterns clearer.
---
#### **Lesson 3: Configuring the Regime Classifier Indicator**
👽 **Customization Settings**
- **Filter Window Size:** Adjusts sensitivity for detecting trends.
- **ATR Lookback Period:** Determines how far back the volatility is calculated.
- **Clustering Window & Refit Interval:** Fine-tunes how the indicator adapts to new market conditions.
- **Dynamic Cycle Oscillator Settings:** Tailors lookback periods and smoothing factors.
👾 **Why It’s Useful:**
- Customizing these settings helps traders optimize the indicator for different trading styles (e.g., scalping, swing trading, long-term investing).
---
#### **Lesson 4: Using the Indicator for Regime-Based Trading Strategies**
👽 **Adapt Strategies Based on Regimes**
- **Advance Regime:** Focus on long positions and trend-following strategies.
- **Decline Regime:** Prioritize short positions or hedging strategies.
- **Accumulation Regime:** Watch for breakout opportunities.
- **Distribution Regime:** Look for trend reversals or fading trends.
👾 **Using the Dynamic Cycle Oscillator for Confirmation:**
- 🌡️ **Overbought/Oversold Conditions:** Identify potential reversals.
- 🔄 **Trend Momentum:** Confirm if the trend is gaining or losing strength.
---
#### **Lesson 5: Combining Volatility and Price Trends for High-Confidence Trades**
👽 **Interpreting Volatility Clusters**
- 🔥 **High Volatility:** Indicates caution, risk management, or hedging opportunities.
- 🌿 **Low Volatility:** Suggests consolidation or trend continuation.
👾 **How Volatility Clusters Interact with Price Trends:**
- Combine trend direction with volatility analysis to refine trade entries and exits for more precise decisions.
---
#### **Lesson 6: Backtesting and Live Application**
👽 **Validate Using Historical Data**
- Guide traders on **backtesting** strategies using historical data to see how the indicator would have performed.
👾 **Real-Time Application:**
- Implement the Regime Classifier in **live markets** to monitor ongoing price conditions and gain actionable insights.
---
### **🔑 kNN (k-Nearest Neighbors) Indicator Lesson Steps**
#### **Lesson 1: What is kNN?**
👽 **Defining kNN**
- **k-Nearest Neighbors** is a machine learning algorithm that makes predictions based on the proximity of data points.
- It identifies the nearest neighbors of a data point and classifies it according to the majority class of those neighbors.
👾 **Why it Matters:**
- **kNN** helps traders forecast price movement, trends, and potential reversals by analyzing historical data.
---
#### **Lesson 2: Anatomy of the kNN Indicator**
👽 **Core Components**
- **Training Data:** Historical price data used to identify the neighbors of a point.
- **Distance Metric:** Determines the closeness of data points (e.g., Euclidean distance).
- **k Parameter:** The number of nearest neighbors to consider for predictions.
👾 **Advanced Features:**
- **Distance Calculation:** Helps assess how similar current price movement is to historical patterns.
- **Prediction:** The majority of the nearest neighbors determines the expected price movement (up or down).
---
#### **Lesson 3: Configuring the kNN Indicator**
👽 **Customization Settings**
- **k (Number of Neighbors):** Adjust to control how many historical data points influence predictions.
- **Distance Metric:** Choose from Euclidean, Manhattan, or other metrics based on data characteristics.
- **Window Size:** Defines how many data points (e.g., time periods) are used for analysis.
👾 **Why It’s Useful:**
- Tuning these settings allows traders to adjust the sensitivity and precision of predictions, optimizing for various trading styles.
---
#### **Lesson 4: Using the kNN Indicator for Predictive Trading Strategies**
👽 **Predicting Price Movements**
- Use **kNN** to identify trend directions and price reversals based on historical proximity.
- **Uptrend Prediction:** Identify moments where the nearest neighbors suggest a continuation of the trend.
- **Downtrend Prediction:** Signal when the majority of neighbors point toward price decline.
👾 **Using Predictions to Enhance Trade Entries:**
- Use **kNN** signals in conjunction with **Regime Classifier** regimes to validate and enhance entry and exit points.
---
#### **Lesson 5: Combining kNN Predictions with Regime Classifier for Precision**
👽 **Refining Trade Confidence**
- Cross-reference **kNN predictions** (uptrend/downtrend) with **Regime Classifier’s** regime identification for higher precision trades.
- **Example:** If **kNN** predicts an uptrend and the **Regime Classifier** signals an **Advance** regime, you can confidently go long.
---
#### **Lesson 6: Backtesting and Live Application**
👽 **Validate Predictions with Historical Data**
- Backtest using **kNN** on past price data to measure accuracy in predicting trends and reversals.
- **Real-Time Application:** Implement **kNN** in live markets alongside **Regime Classifier** for comprehensive decision-making.
---
### **🔄 Combined Lessons for Advanced Mastery**
#### **Combo 1: Regime Identification and kNN Predictions for Strategy Optimization**
💡 **Objective:** Combine market regime identification with kNN predictions to refine trading strategies.
- Merge **Lesson 1 (Understanding Regimes)** and **Lesson 1 (What is kNN?)**.
- **Practical Exercise:** Use both indicators to identify regimes and predict price trends in live charts.
---
#### **Combo 2: Customization, Practical Usage, and Enhanced Predictions**
💡 **Objective:** Equip traders to fine-tune both indicators for their unique strategies.
- Merge **Lesson 3 (Settings Configuration for Regime Classifier)** and **Lesson 3 (kNN Indicator Configuration)**.
- Walkthrough: Customize settings and combine both indicators to predict price trends and adjust strategies accordingly.
---
#### **Combo 3: Comprehensive Trading Strategy with Regime Classifier and kNN**
💡 **Objective:** Build a full-fledged trading system using both indicators for market regime analysis and predictive signals.
- Combine **all lessons** for a complete, systematic trading approach:
- 🔍 **Identify market regimes**
- 🔄 **Use kNN predictions** to assess potential price movements
- 📈 **Combine with Dynamic Cycle Oscillator** for entry/exit timing
- 💥 **Execute trades** with a comprehensive strategy
---
These lessons and combos provide traders with the essential tools to master both the **Regime Classifier** and **k-Nearest Neighbors** indicators, from understanding the fundamentals to implementing advanced strategies and refining predictions for more accurate market analysis.
ADA/USDT Long Trade Plan: Leveraging Dow Theory and Fibonacci ReThe trade plan for ADA/USDT leverages Dow Theory and Fibonacci retracement principles, aiming to enter at the 0.382 retracement level (1.0593) within a confirmed uptrend. The stop loss is placed below the last lower low at 0.8783 to minimize risk in case of a trend reversal. The take profit target is calculated at 1.2403, offering a 1:1 reward-to-risk ratio. This setup aligns with the market's higher highs and higher lows structure, ensuring an entry at a key support level while maintaining strict risk management and a favorable trade outlook.
Trade Idea Week 20 Jan 2025: EURUSDBullish Thesis
Key Drivers:
The EUR/USD remains in a long-term bearish trend in the 4-hour timeframe, characterised by lower highs and lower lows. However, recent price action shows signs of consolidation around a critical support zone near 1.0250–1.0280, presenting opportunities for both upward retracements and continued downward moves.
Indicators like the MACD suggest weakening bearish momentum, while the ADX shows a weak trend environment, implying traders would focus on key levels for directional triggers.
Eurozone Economic Data:
Improved PMI readings (forecasted above 50 for services) may signal resilience in the Eurozone economy, potentially boosting EUR sentiment.
ECB President Lagarde's Speech: Any hints of future hawkish monetary policy could support the EUR.
Entry: 1.0280
Target TP1: 1.0320
Extended Target: 1.0340 (Weak High from 4-hour chart)
Stop Loss: Below 1.0250 to protect against a breakdown of support.
Risk/Reward: 1:2
Bearish Thesis
Key Drivers:
The long-term bearish trend remains dominant, making the 1.0340–1.0380 resistance zone a strong candidate for selling opportunities. Price action in this area aligns with the broader trend, and bearish rejections are likely to signal further downside.
Entry: Between 1.0320–1.0340
Target TP1: 1.0280 (short-term support)
Extended Target: 1.0250 (next demand zone on higher timeframe)
Stop Loss: Below Above 1.0360 to guard against a breakout above the strong resistance.
Risk/Reward: 1:2
Key Events:
Tuesday (Jan 21):
German ZEW Sentiment Data: Monitor the release for unexpected positive or negative surprises.
UK Employment Data: Indirect EUR movements may occur due to the EUR/GBP pair correlation.
Wednesday
(Jan 22):
ECB President Lagarde's speech. Hawkish tones could favor the bull thesis, while dovish comments could strengthen the bear thesis.
Trade Ideas are for informational purposes only.