"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.
Moving Averages
Running Out of Fuel - Retrace to Sub $20RKLB below the monthly EMA and RSI dipping below 50 is giving a big SELL signal after a massive runup in 2024 likely due to pressure from TNX and stop loss triggers.
Why RocketLab skyrocketed in 2024:
Rocket Lab's stock skyrocketed by over 360% in 2024, thanks to impressive achievements and solid growth. In Q3, they pulled in $104.8 million in revenue, beating expectations, though they still reported a small loss of $0.10 per share.
Big wins like opening a new engine facility in California and landing a massive $515 million contract with the U.S. Space Force gave investors plenty to cheer about. Plus, they're expanding into new markets like carbon composite products and making progress on their reusable rocket, the Neutron.
All this momentum has turned Rocket Lab into a rising star in the aerospace and defense world, with investors riding the wave of their success.
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.
UXLINKhello friends
very very interesting chart on UXLINK, what a correction, huge and scary one for those who maybe forgot to set SL.
what will no happen with this kind of chart, i am thinking to wait few more hours, maybe i can open a long position during this night, or maybe tomorrow morning..
whatever you decide to do, never use more than 1/4 of your budget, low lev max x10 and always cross.
dyor
nfa
Downtrend in Devon Energy?Devon Energy has been sliding for more than two years, and now some traders may expect another downward thrust.
The first pattern on today’s chart is the price area between $38.29 and $40.54. It was the range after the last earnings report on November 5. DVN mostly held the zone through early December before sliding to a four-year low. It’s now rebounded and could be pausing at the same spot. Has old support become new resistance? (It also roughly matches monthly lows from September and October.)
Second, the 50-day simple moving average (SMA) has been under the 100-day SMA. Both are under the 200-day SMA. That’s potentially consistent with a longer-term downtrend in the oil-and-gas producer.
Third, stochastics have reached an overbought condition.
Finally, energy stocks have outperformed lately. Much of the strength resulted from moves by former President Biden. However incoming President Trump seems more focused on lower prices, which could pressure the sector again.
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Got my new script updated to Pine Script V6I'm all algorithmic trading, well, investing. I use the wealth of data we all have access to. My pine script connects to 3Commas with a rare dynamic volume scaling feature. This means the signals that are sent by this script from TV to 3C are updated with algorithmically-calculated volume scaling. This is not normally possible.
Another positive side effect of a dynamic VS TV 3C connection is you'll gain access to nearly unlimited numbers of safety orders. Also normally not possible.
I will launch bots on BTCUSD, ETHUSD, SOLUSD, and likely a basket of highly volatile assets. I can do stocks, forex, anything on TradingView. I'll be launching bots on all timeframes and diversifying as much as possible!
50 SMA Rising- Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
50 SMA Rising- Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
Gold Falling to 2620-2630 Given that Monday is the inauguration of Donald Trump and technical analysis shows me a bearish momentum, this is how I predict the market for the coming week. Don't rush into the market. Let it do its thing. Check the tradable levels and don't forget about risk and capital management. The market is bearish to the range of 2620-2630.
50 SMA Rising- Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
Bitcoin Cash golden cross and January 20thBitcoin Cash golden cross is a buy signal before January 20th. When a 100-day moving average crosses above a 200-day moving average, it's commonly referred to as a "golden cross". Indicating a potential bullish signal, suggesting a possible shift from a bearish trend to a bullish trend in the market. In 2023 BCH went from a low on January 20th to a high of + 214%. In 2024 BCH went from a low on January 20th to a high of + 207%. Is the 3rd time a charm? If BCH can go +200% from January 20th 2025 the high would be around 1300 per Bitcoin Cash!
Trade idea:
Long = sma100
stop = sma200
profit = 1300
CCL LongWeekly SMA200 as support
Long 17.36
Stop 12.5
Target 30
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
BuyToOpen 2025 Jan Call spread C20/30
Limit 2.02
SellToOpen 2025 Jan Put P12.5 x2 (Delta -0.16)
Limit 1.02 x2
Cost "0", if price stays between 12.5 and 20, no loss.
Stop below 12.5, max loss about $2.0 x 200.
ETHENA - Identifying a trend shift using RSI, MACD, EMA and DivFirst post of 2025 to start the new year Journaling and using Basic tools Offered by Tradingview. The most Common Used by traders are RSI MACD and EMA's.
I am going use these indicators with descriptors of what I came to understand after reading the "About script" and applying them to my trade Ideas to see If I can correctly Identify Strength and Weakness in markets.
I have plotted out on the charts what the use cases are for these tools.
RSI, MACD and EMA's are momentum Indicators, They are not used to identify where a reversal will happen but over a period of time where you can see trend start to shift or continue trending based on the Information they provide.
Outbreak ConfirmedWith a second big candle we have exceeded the trading range which had lasted since the beginning of November. At the same time we have crossed both the exponential and the simple moving averages. This week has opened higher what can be seen as a confirmation of the outbreak.
Here we are struggling but the long way down in mind we may have hope that there will be another corrective wave up.
AMC Entertainment Holdings | AMC | Long at $3.66First, I'm not an " NYSE:AMC APE" and have zero interest in becoming one. Second, don't trade NYSE:AMC unless you are fully aware the investment could go to zero or the company may devalue your trade via share dilution or other means (i.e., don't simply do as I do or blindly follow anyone else's moves, for the matter).
With that aside, I started a position/gambling play today in NYSE:AMC at $3.66. The reason is 80% technical analysis and 20% fundamentals.
Technical Analysis:
The blue line on the chart represents an average true range (ATR) from a historical simple moving average (SMA) that I use for trading. For simplicity, the historical SMA is not show on the chart - just the ATR. This blue ATR line has historically been a major line of resistance and support. When it breaks through and holds, the stock goes bull - but history may not repeat. The price recently broke the blue ATR line, fell below, and the broke out again today. This may be a sign that the downward trend (overall) is changing - perhaps furthering the accumulation phase in the $3s or a gradual rise from here. And with today's breakout, I grabbed shares at $3.66.
Fundamentals
Since 2020, NYSE:AMC has shown major gains in revenue and net income (loss reduction, that is). Revenu: $1.24 billion (2020); $2.53 billion (2021); $3.91 billion (2022); 4.81 billion (2023); $4.4 billion (2024, Q1-3 only). Net Income: -$4.5 billion (2020); -$1.27 billion (2021); -$973 million (2022); -$396 million (2023); -$399 million (2024, Q1-3 only). The company is not expected to become profitable until Q4 of 2026 , but the improvements are what one would like to see.
Counter-arguments and statements the stock is junk are totally valid. But the chart is quite interesting as the company moves toward profitability (maybe...).
Targets:
$4.30
$6.00
Squeeze/mass hysteria: $18.00, $40.00, and ridiculousness: $85.00