Community ideas
Alt season is not coming (yet)..Analyzing Fibonacci levels and trading volumes, it doesn’t look like an alt season is imminent. For now, a monthly close above resistance seems necessary, and as BINANCE:BTCUSDT rises, Bitcoin dominance will likely increase. While this might lead to some minor gains in altcoins, they’re unlikely to be substantial.
Two scenarios could unfold:
1. Short Alt Spring: Bitcoin sees a sharp rise followed by a short decline. This could bring a brief uptick for altcoins, but they would then experience a period of stagnation ("bleeding") before a full-scale alt season arrives.
2. Delayed Super Alt Season: A more robust alt season could happen directly, though with a slight delay.
Check the “golden pocket” (between the yellow Fibonacci levels) for crucial resistance and support zones.
Aside from technicals, consider the macroeconomic context: the Fed’s potential rate cuts and quantitative easing are expected to take time, meaning that a significant increase in money supply could be delayed.
Remember to do your own research (DYOR)! NFA.
1 Year Bull Flag FormingBSY has the following 5 year compounded growth rates.
Revenue - 12%
Net Income - 9%
Equity - 20%
Free Cash Flow - 20%
The stock has been in a tight channel for over a year and has solid fundamental numbers. There were also two volume spike between now and last March, however, there was no major price move.
Due to the fact that this company is showing solid growth (see above).
It is trading at the same price as 2021, but has more revenue, income, equity, etc.
Due to the volume spikes in May and September, yet the price action hasnt moved.
Due to the lessening on interest rates and going to risk on assets.
Due to the fact that the company is 15B Market Cap.
It is setting up for major rippage and price discovery has it traverses this channel. You can either trade the channel or wait for it to break support and retest to enter.
Bear Case - Based on the DCF models, this company should be worth 12 bucks. This company is also very nich and is contingent on heavy development.
Lingrid | ETHUSDT Continues to Show BULLISH sentimentThe price perfectly fulfilled my previous idea. It hit the target level. BINANCE:ETHUSDT has been consolidating on the daily timeframe since August, recently forming higher lows. However, it failed to break through the previous resistance zone, resulting in a fake breakout followed by a pullback. When zooming out, it appears there is accumulation occurring around the 2500 price level. Since the price has broken and closed above the range zone and the downward trendline, I believe the market may retest these levels before continuing to push higher. If the market holds above those key levels, we can expect a continuation of the upward movement. My goal is resistance zone around 2770
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
DAX INDEX (DAX): Confirmed CHoCH & Bullish OutlookI spotted a clear change of character(CHOCH) on the 4-hour time frame of the 📈DAX chart.
The market is currently trading in a strong bullish trend and has broken through a minor bearish trend and a key horizontal resistance level.
It is expected that the market will continue to move upwards, with the next resistance level being at 39,555.
GOLD/ Price Tests ATH Zone: Key Breakout or Bearish Reversal?GOLD
The price is trading in a sensitive zone near its all-time high (ATH). A 4-hour candle close above the ATH at 2,758 would confirm a bullish trend, with potential targets at 2,775 and 2,785.
Alternatively, the price should stabilize below 2,757 to maintain a bearish outlook, aiming for levels at 2,738 and 2,712.
Key Levels:
Pivot Point: 2758
Resistance Levels: 2775, 2785, 2797
Support Levels: 2738, 2712, 2695
Trend Outlook:
Under 2758: Downtrend
Above 2758: Uptrend
XAUUSD - Today's Setup - 30/10Good morning, traders! 🌅
Here’s my buy setup for today:
Gold is on an incredible bull run! 🚀 I’m looking to jump in and ride the trend upward. This is the closest entry zone I could find, so I’m aiming to get in at this level. Not much else to say—it’s a strong setup!
⚠️ Trade with caution, though, as I do expect a pullback at some point.
Wishing you a profitable day! 💰✨
Happy trading! 📈
XAUUSD last resistance zones As we can see price is now is near almost last resistance zones and we are looking for short-term fall or correction at this bullish market and red arrows to happen, but if the resistance zone here break to the upside then gold is once again aggressive and more pump is coming.
DISCLAIMER: ((trade based on your own decision))
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