Community ideas
Ada the fastest blockchain in the world.Ada recently demonstrated a whopping 1 million TPS. I’ve always been a fan of Cardano for its reliability. With unlimited potential and adoption Ada can see a significant rise against usd in the coming years. I don’t believe in EOY predictions simply because manny obstacles stand in the way of crypto adoption. DYOR!
GOLD Will Fall! Short!
Take a look at our analysis for GOLD.
Time Frame: 8h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 2,618.93.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 2,576.56 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Like and subscribe and comment my ideas if you enjoy them!
GALA: Channel Breakout to Golden Zone - 40% Upside TargetHere's a professional TradingView analysis for GALA/USDT:
Technical Analysis:
Key Levels:
🎯 Entry: 0.035 USDT
🎯 Target (TP): 0.050 USDT (+40%)
📊 Current Price: 0.035 USDT
📈 Volume: 90.38M
Pattern Structure:
• Trading within descending channel
• Double resistance confluence at target zone
• Channel breakout setup forming
Trade Setup:
1. Entry Setup:
- Entry at 0.0356
- Clear channel breakout formation
- Volume accumulation phase
2. Target Analysis:
- Primary target: 0.05
- Confluence with major resistance
- Potential 40% return from entry
3. Key Technical Factors:
- Descending channel boundaries clearly defined
- Wave pattern projecting upward movement
- Multiple timeframe confluence (4H chart)
Risk Management:
• Set stops below recent lows
• Risk:Reward ratio approximately 1:4
• Consider scaling in at entry zone
Timeframe:
• Chart: 4H BINANCE
• Target Timeline: Early January 2025
Note: This is technical analysis only. Always manage risk appropriately and DYOR.
#GALA #USDT #Crypto #TechnicalAnalysis #Trading
Lingrid | PEPEUSDT buying PULLBACK in the BULLISH trendThe price perfectly fulfilled my previous idea. It reached the target. BINANCE:PEPEUSDT made a deep pullback following the double top at the resistance zone. The price broke the support level, creating a long tail bar that indicates a liquidity grab. Currently, the price is retesting the consolidation zone that lasted for more than four months. This scenario suggests a breakout-pullback-retest situation. If the price holds above this consolidation zone, I expect the market to gradually push higher, likely starting next year. Patience will be key as we watch price action for confirmation. My goal is resistance zone around 0.00002340
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
HAPPY HOLIDAYS! Stock Market Weekly Preview: Dec. 23rd 📊Stock Market Weekly Preview: Dec. 23rd
NASDAQ:QQQ AMEX:SPY AMEX:IWM
In this video, we’re talking about:
🔹Stock Market & Overall Forecast
🔹Lessons Learned this past week
🔹Technical Analysis: H5 & Williams CB
🔹Current Trades
P.S. I'm getting coal for XMAS because I lied about it being a short video. 😅
Let’s dive into this Holliday Week! 👇
DXY head and shoulders pattern formation
The Head and Shoulders pattern is a popular and reliable chart pattern used in technical analysis to predict potential reversals in market trends. It consists of three peaks: the middle peak (the "head") being higher than the other two peaks (the "shoulders").
Key Elements of the Head and Shoulders Pattern:
Left Shoulder:
Price rises to a peak and then declines.
This peak forms the first shoulder.
Head:
Price rises again to form a higher peak and then falls.
This peak is the head and is the highest point of the pattern.
Right Shoulder:
Price rises again, but this time to a lower peak (similar to the left shoulder) and then declines.
This peak forms the second shoulder.
Neckline:
A trendline drawn between the low points of the left shoulder and the right shoulder.
Acts as a key level of support or resistance.
$TSLA Trade Analysis DarkPoolsOverview of Chart
The updated chart for TSLA shows additional volume information, key pivot levels (R1, R2, R3, P, and S1), and dark pool prints, which provide a clearer picture of institutional activity and support/resistance zones. The chart continues to reflect the stock's bullish trend but highlights a potential consolidation phase around critical resistance.
Key Observations
Trend Continuation with Consolidation:
TSLA remains in an uptrend, with the price still above the 8 EMA (white line), which acts as a short-term dynamic support.
However, the current candles indicate consolidation near the R2 pivot level ($443.60), where selling pressure is evident.
Dark Pool Prints and Institutional Activity:
The dark pool print at $436.17 (1.6M shares) remains a critical support level. This suggests institutional interest in this price area, likely acting as a floor for further pullbacks.
Holding above this level confirms bullish sentiment. A failure to hold this level could accelerate a bearish pullback toward lower pivot levels.
Volume Analysis:
The chart now shows elevated volume on recent red candles, which suggests increased selling pressure near resistance levels.
Notably, the volume spike is not overwhelmingly bearish, indicating potential profit-taking rather than a complete reversal of the trend.
Pivot Levels and Support/Resistance Zones:
Immediate Resistance: The R2 pivot ($443.60) is acting as a ceiling for TSLA's recent upward momentum. Breaking this level could result in a move toward R3 ($514.82).
Immediate Support: The dark pool level ($436.17) and the 8 EMA align as immediate support levels. Below this, the R1 pivot ($391.77) and 21 EMA ($393.86) represent the next significant supports.
Bearish Divergence Risk:
While the overall trend is bullish, the consolidation near R2 and elevated selling volume suggest a potential pullback if support levels fail to hold.
Trade Plan
Bullish Scenario:
Entry: A confirmed breakout above the R2 pivot ($443.60) with increasing volume. Ideally, a daily close above this level will confirm the breakout.
Targets:
First Target (T1): $456 (recent swing high).
Second Target (T2): $514.82 (R3 pivot).
Stop Loss: Below the dark pool level ($436.17).
Bearish Scenario:
Entry: If TSLA closes below $436.17 and the 8 EMA, indicating a loss of short-term bullish momentum.
Targets:
First Target (T1): $413 (pivot support).
Second Target (T2): $393.86 (21 EMA).
Stop Loss: Above the R2 pivot ($443.60).
Additional Considerations
Risk Management:
TSLA is volatile, and trades should consider position sizing and stop-loss placement to manage risk effectively.
Monitor the overall market sentiment (e.g., SPY, QQQ) for confirmation of broader trends.
Institutional Influence:
Keep an eye on how the price reacts to the dark pool print at $436.17. Institutional support or rejection here will guide the next move.
Broader Market Factors:
Tesla's price can be influenced by sector-wide news (e.g., EV market trends) and macroeconomic factors (e.g., interest rates or broader tech sentiment).
Trading plan for Bitcoin price for Christmas & New Year holidays🎄 Christmas and New Year's holidays are coming up, and we congratulate you on that!)
We survived, even earned a little, so thank you for that)
Currently, the CRYPTOCAP:BTC price has been stopped on "the verge of a foul", but the holidays will lead to a decrease in business activity and an increase in “manipulative volatility.”
So, to follow the behavior of the OKX:BTCUSDT price, subscribe to this idea!
A big temptation is to “break the stops” of #Bitcoin, which are hiding below $85k, and an even bigger temptation is to close the GAP on the CME BTC chart in the range of $77-78k.
And there are several other options for the development of events by combining the BTC.D and USDT.D indices, but I'm too lazy to write about it yet)
⁉️ But if you are interested in us writing “voluminous reflections”, like at the end of 2022 before the start of super growth with plans for 2023-25, which are working out very well👇
then we need inspiration from you in the form of reactions and comments here and maybe a miracle will happen, the main thing is to believe in it!)
GALA Going To 0.29$There’s one zone to buy GALA and HOLD it zone ( 0.03$ - 0.28) target 0.29$
What’s GALA Coin ?
—————————————-
GALA Coin is the native cryptocurrency of Gala Games, a blockchain-based gaming platform. Gala Games aims to revolutionize the gaming industry by giving players more control over the games they play, including the ability to own in-game assets and influence the development of the games themselves.
Here are some key aspects of GALA Coin:
1. Utility in Gala Games Ecosystem:
• GALA is used as the primary currency within the Gala Games ecosystem. Players can use GALA to purchase in-game items, NFTs, and other assets in Gala-powered games.
• It is also used for governance, allowing holders to vote on decisions related to the development of the platform and its games.
2. Decentralized Gaming:
• Gala Games is built on blockchain technology, meaning it allows for true ownership of in-game assets. These assets, such as NFTs (Non-Fungible Tokens), can be bought, sold, or traded on various marketplaces.
• Players can earn GALA coins by participating in games or contributing to the network in other ways, such as running nodes or supporting Gala Games’ decentralized ecosystem.
3. Play-to-Earn:
• Gala Games is part of the emerging “play-to-earn” (P2E) trend, where players can earn rewards (in GALA or NFTs) through their in-game achievements and participation.
4. Gala Node Network:
• Gala Games operates a decentralized node network, where individuals can run nodes to support the infrastructure of the Gala Games platform. Node operators are rewarded with GALA coins for contributing to the network.
5. Games on the Gala Platform:
• Gala Games has several titles within its ecosystem, including “TownStar” (a city-building game), “Mirandus” (a fantasy RPG), and others. These games often integrate GALA coins and NFTs for in-game transactions.
Overall, GALA Coin serves as a key element in Gala Games’ vision to create a decentralized gaming ecosystem, where players are incentivized to participate and contribute, and have real ownership of their in-game assets.
BTCUSD potential SHORT after at least the 1H FVG is retested.I am planning a potential short on BTC/USD after a retest of the 1H Fair Value Gap (FVG). I will wait for a bearish Change of Character (CHOCH) on the 15m trend before entering. The first target is $91,510 , and the final target is $89,392 . This is not financial or investment advice.
23.12.2024 - BTC, hah, divergence? 📈🚀 Bullish on BTC? Let’s Break It Down! 🌟
Hey everyone! 🙌 Here’s my latest analysis on BTC – the king of crypto is at an interesting point right now!
Current Situation:
BTC is currently trading at $93.5k, but I’m watching a potential retracement to around GETTEX:89K , which aligns with the recent support level.
Why? A beautiful divergence is forming on the RSI, which could set the stage for a reversal! 🎯
Also worth noting: BTC is currently trading below all EMAs visible on the chart, which makes the bearish sentiment for now. But this setup could offer a great opportunity for a bounce!
The Plan:
🔽 Support to Watch:
GETTEX:89K : Key support zone. If BTC holds this, we could see a strong bounce! 🛡️
🔼 Resistance to Aim For:
$96k: The previous resistance. If BTC recovers from support, this will be the first major test. 💪
What Could Happen Next?
I expect outflows from BTC to stabilise in ETH, helping BTC steady itself. Once support holds, BTC might reclaim momentum and make a strong move back toward resistance. 📈🔥
Odds:
I’d say we’re looking at a 65/35 chance for the bullish scenario to play out, AFTER DIVERGENCE XD!
Let’s see if BTC can pull off another rally! 🚀
#Trading #BTC #Crypto #SupportAndResistance #Investing
What’s your take on BTC’s next move? Share your thoughts below – bullish, bearish, or just watching the charts? Let’s ride the waves together! 🤑💎
BTC vs USDT.D - Who Follows Whom?Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
I always keep an eye on USDT.D to gauge the overall sentiment of the crypto market.
📚 Today, I want to demonstrate the correlation between BTC and USDT.D:
- A couple of weeks ago, BTC was rejected at the $108,000 zone, while USDT.D bounced off the 3.6% support.
- BTC is currently hovering around the lower bound of its rising wedge, while USDT.D is approaching the upper bound of its falling wedge.
- As long as BTC doesn't close a full day below the blue trendline and USDT.D doesn't close a full day above the upper red trendline, this phase can be considered a correction.
- Conversely, if both trendlines are breached, expect a momentum shift, potentially leading to a deeper bearish movement in the crypto market.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
GOLD → One final step remains before a drop. The target is 2587.Hello, dear friends! Let’s discuss and strategize today's gold trading opportunities with Ben!
As predicted yesterday, gold prices dropped to $2,608, delivering a profit of approximately 200 pips. This decline was driven by pressure from Wall Street’s underperformance, which bolstered the strength of the US Dollar and Treasury yields. Investors are now eagerly awaiting clearer signals about the Federal Reserve’s monetary policy for 2025.
In reaction to these developments, the US Dollar Index rose by 0.4%, hovering near its highest level in over two years. This diminished gold's appeal for holders of other currencies. Additionally, the yield on 10-year US Treasury bonds increased, adding further weight to gold prices.
Looking ahead, the market remains focused on the outcomes of last week's Federal Open Market Committee (FOMC) meeting. A more gradual rate hike trajectory for 2025 is currently under discussion, with speculation that the Federal Reserve may pause interest rate changes in January or March.
From a theoretical perspective, in the face of a strong US Dollar, gold has limited upside potential. If sellers maintain resistance below $2,620 and push to break the support level, the pair could target $2,587 in the medium term.
Best regards,
Bentradegold!
EURUSD Strategic Outlook 2025: 0.9000 end of year target🔸It's time to update the EURUSD outlook, this is weekly price chart, downtrend is well defined since 2012 and we recently got a strong rejection after distribution
🔸Based on technical outlook, EURUSD is set to hit 0.95 by summer 2025 and end the year at 0.9000. I don't see any upside beyond 1.05 in 2025.
🔸The key reason for further decline in EURUSD: Strong DXY, strong political leadership and weak political leadership in EU / weak economy. Below there is a summary of why EU zone is set to decline further based on fundies.
🔸Slow Economic Growth: The Eurozone has faced relatively sluggish economic growth compared to other regions. Factors like low productivity growth, weak domestic demand, and a high dependency on exports to slower-growing markets (such as China) contribute to this. Slow growth impacts investor sentiment and reduces the demand for the Euro.
🔸Demographic Issues: The Eurozone is dealing with an aging population, particularly in countries like Germany, Italy, and Spain. This demographic shift results in a shrinking labor force and increasing pressure on social services and pension systems, which weakens economic growth potential.
🔸High Energy Prices and Inflation: The Eurozone has been significantly impacted by energy price fluctuations, particularly following the geopolitical tensions related to Russia and Ukraine. High energy costs put a strain on businesses and consumers, eroding purchasing power and dampening economic activity. Additionally, inflation remains a challenge in many Eurozone countries, complicating the ECB's ability to stimulate growth without triggering further inflation.
🔸Geopolitical Tensions: The ongoing war in Ukraine, energy disruptions, and broader geopolitical risks have hurt European economies more severely than other regions. The Eurozone's reliance on Russian energy made it especially vulnerable to supply shocks, and the economic sanctions against Russia created ripple effects that continue to affect the region.
🔸Structural Issues in the Eurozone: The Eurozone faces structural challenges such as uneven economic conditions between member states, fiscal constraints (due to the Eurozone's common monetary policy), and a lack of fiscal unity. While Germany and France may have relatively strong economies, countries like Italy and Greece still struggle with high debt levels and low growth, which can drag down overall Eurozone performance.
🔸Tight Fiscal Policies: The EU's fiscal rules restrict how much debt individual member states can take on, which limits governments' ability to use fiscal stimulus to respond to crises. This can exacerbate economic stagnation and prevent the region from achieving sustainable growth.
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Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Christmas day shenanigans.Seems to me Xrp is creating a falling type pattern appearing to revert back to support area at $2. It looks like it's bringing us right to the forefront of Christmas day ✝️
We might wake up Christmas morning with Santa 🎅 putting presents 🎁 under the Xrp Christmas tree 🎄
Make sure to leave cookies 🍪 and milk 🥛 out and be all time high ready cos Santa's got a big bag for you all!!
*pay attention and let's see what happens*