BITCOIN → High risk. Falling towards 70K or rising towards 100K?BINANCE:BTCUSD is forming a correction phase after Powell's speech last week. If the price goes beyond the accumulation boundaries, there will be a risk for a strong fall as the price is approaching the panic zone...
Bitcoin is still in high demand, but private traders are going into a phase of profit taking after negative news, while institutional traders are taking advantage of the moment and buying the asset at a cheap price. But it doesn't mean anything.
Fundamentally, Trump gives a big chance to the cryptocurrency market, but after winning the presidential election the excitement starts to fade and then the risk of revaluation increases. If the market does not get what it was promised, a deep correction may occur. Also, the Fed played a negative role last week: slowing down the rate cuts and negative tone about the strategic reserve and reluctance to have BTC on their balance sheet.
Technically, despite the breakout of the ascending channel support, the price is still inside the 99K - 86K consolidation
Resistance levels: 99300, 103600
Support levels: 91780, 86700, 82700
The price is approaching the support. If the market keeps the price in this zone, bitcoin will have a chance to recover to 100K. But, if the fight for 86-84K zone starts, then everything will depend on the general market background, a negative background can provoke a breakdown of strong support and the price will fall into the void zone...
Regards R. Linda!
Community ideas
SPX since 1877 & 1896 & 1932-2021 & beyond. Waddup MM !!! 9 Years & 18 months. I choose the first largest three crashes as a base for cycles nothing more nothing less.
WADDUP MARKET MAKERS, CAN YOU SHARE THE PROBABILITIES OF YOUR ALGOS ;-) .
Blue adjusted for time = Action in June. Red and green = Action in July . It is like a
puzzle. Waddup MMs share the knowledge.
Gold continues downtrend at the end of 2024⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) remains steady near $2,610 in the early Asian session on Tuesday, with trading subdued as markets anticipate a quieter pace ahead of the holiday week. Investors are keeping an eye on the US Richmond Fed Manufacturing Index for December, set to be released later in the day.
⭐️Personal comments NOVA:
Gold sideways in 2 H1 trendlines - downtrend is dominant. At the end of the year, there will be a lack of trading liquidity, not many big fluctuations.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2627 - $2629 SL $2634
TP1: $2620
TP2: $2610
TP3: $2600
🔥BUY GOLD zone: $2604 - $2602 SL $2597
TP1: $2610
TP2: $2618
TP3: $2627
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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
THE KOG REPORT - UpdateEnd of day update from us here at KOG:
Decent move so far on Gold with price giving support on the red boxes, pushing up into the first resistance level we mentioned on the KOG Report then allowing the short back down for a clean swoop Monday trade.
Now we have support here and just below at the extension level 2606 which if held should give us the move into the resistance level above which now needs to be monitored for the break. If held, another opportunity to short maybe! Let's see, 2630 again the key level for Xmas Eve.
Bearish below 2660 with targets below 2610 (complete), 2596, 2580 and 2578
Bullish on break of 2660 with targets above 2667 and above that 2670
RED BOXES:
Break of 2625 for 2630, 2635, 2645 and 2660 in extension of the move
Break of 2610 for 2606, 2590, and 2680 in extension of the move
As always, trade safe.
KOG
"Altcoins: The Untold Story" Let’s break this down step by step, so it all makes sense.
Bitcoin Dominance and Altcoin Movement
• Bitcoin Dominance (BTC.D) above altcoin prices means that altcoins move up more cautiously because Bitcoin is still holding the majority of market power.
• When altcoins started picking up, we saw it happen at point A.
o Look at the ADX during that time—compare its size back then to what it is now.
o Now, ask yourself: Where did TOTAL3 fall? It fell during Bitcoin’s bull flag, and that’s what created the weakness in altcoins.
________________________________________
Recovery and Current Strength
• After that, TOTAL3 regained strength as Bitcoin moved up. But here’s the key point:
o Altcoins didn’t follow.
o Even though Bitcoin surged, altcoins remained stagnant, losing momentum.
________________________________________
The Impact of Bitcoin’s Bull Flag on Altcoins
• As Bitcoin formed a bull flag, traders sold off their positions as Bitcoin fell, further weakening altcoins.
• Now that Bitcoin has gained even more power, some people are claiming that alt season is over.
o But let’s be real—where’s the liquidity?
o Altcoins haven’t fully surged yet, and this is critical to understand.
________________________________________
The Date Range Analysis
• Let’s look at the timeline:
o From the previous date until now, we’re looking at 147 days remaining in this period.
o However, we also need to add back the 182 days lost during Bitcoin’s bull flag when altcoins were weak.
o Together, that gives us a total of 329 days.
• These 329 days don’t fully count as part of the altcoin bull market because:
1. Altcoins were on pause while Bitcoin dominated.
2. These days only apply to the few altcoins that moved with Bitcoin, like XRP, ORCA, and BOBBA, while others didn’t.
________________________________________
Altcoin Season Hasn’t Started Yet
• Altcoin season isn’t here yet, and I’ll explain why:
o Bitcoin and altcoins go hand in hand. It’s not just Bitcoin alone—it’s all part of the same package.
o Mixing Bitcoin’s bull market with altcoins is misleading. It’s like ordering a Happy Meal at McDonald’s but only getting a burger and drink—where are the fries and the toy? The full package hasn’t arrived yet.
________________________________________
ADX and Smart Money Trendline
• The ADX hasn’t made its big move yet, but it’s getting ready.
• The Smart Money Directional Trendline, which I pulled from the 15-minute timeframe, is pointing upward.
o Interestingly, TOTAL3’s price fell right to where the Smart Money Trendline predicted.
o This is a strong indication that TOTAL3 will follow that upward direction soon.
________________________________________
What to Expect Next
• As BTC.D starts trending downward, altcoins will explode.
o Historically, when Bitcoin dominance falls, altcoins rally hard.
o Altcoin bull markets are characterized by sustained growth, independent of Bitcoin’s short-term moves.
o TOTAL3 shows that altcoins are primed for movement but are currently held back by Bitcoin’s dominance.
________________________________________
Conclusion
Altcoin season isn’t over—it hasn’t even started yet. My studies suggest that alt season could begin around January 2025 or sooner.
• We need to differentiate between altcoins that have already followed Bitcoin’s cycle and those that haven’t.
• Altcoins that were part of Bitcoin’s recent bull moves, like XRP and ORCA, have taken part of their cycle. But others still have their time to shine.
________________________________________
Altcoin season is like a wave—it hasn’t arrived yet, but when it does, it’ll be unmistakable. The data shows the potential for explosive growth as Bitcoin’s dominance starts to decline. Until then, patience is key, and we’ll continue studying the patterns for confirmation before jumping in.
Lingrid | GOLD Quiet MARKET with SELLING PotentialOANDA:XAUUSD market is slowing down as it approaches the channel border and the resistance zone where the previous fake breakout occurred. The price continues to bounce off the upward trendline, but if it breaks and closes below this trendline, it would confirm the formation of a bearish flag pattern, as I highlighted yesterday. There is also the potential for the price to consolidate within a small range over the next few days, potentially leading to increasing volatility next week. If this occurs, I expect the price to be squeezed within that range before bouncing off the resistance zone. My goal is support zone around 2600
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
GOLD → A reversal pattern for a further fallFX:XAUUSD is consolidating below the key point - 2620. Against the backdrop of a strong and growing dollar, gold has a chance to test local lows
Gold price gains are likely to remain subdued as the US dollar continues to be supported by the hawkishness of the Federal Reserve at its December meeting. Trump's protectionist policies are fueling inflation expectations, setting the stage for higher interest rates.
In addition, amid Christmas holidays and reduced trading volumes, market participants are inclined to maintain positions in the US currency.
Thus, gold is still seen as an attractive instrument to sell in case of attempts of its recovery, except for cases of sudden geopolitical aggravations, for example, in the regions of the Middle East or Eastern Europe.
Resistance levels: 2620 - 2622, 2633
Support levels: 2606, 2590
Emphasis on 2622. If the bears keep the price below this zone, it is worth looking at local support levels, as a breakdown of these levels will only strengthen the fall to 2600-2560.
Regards R. Linda!
Nvidia - Shocking Everybody Again In 2025!Nvidia ( NASDAQ:NVDA ) will rally another +40% in 2025:
Click chart above to see the detailed analysis👆🏻
For most people, it seems absolutely counterintuitive to witness another parabolic blow off rally on Nvidia and that's exactly why we will see such moves during 2025. Market structure just supports this outlook since Nvidia is still overall bullish and has some room towards the upside.
Levels to watch: $200
Keep your long term vision,
Philip (BasicTrading)
BTCUSDT major supports are holding the price what if it break?For sure(90% sure) the supports which are mentioned on the chart with green zones will break to the downside and Bitcoin bellow 90K$ support would be crazy and so many stop loss will hit with high volume there, even more fall and dump is expected like the red arrows on chart.
Notice: we may have more range here or even fake rise before the next phase of dump which will start again and soon.
DISCLAIMER: ((trade based on your own decision))
<<press like👍 if you enjoy💚
GOLD - Price can break support level and continue to fallHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Recently price reached resistance line and then at once declined to support line, after which started to grow.
A short time later, Gold rose to $2685 level, broke it, and then rose to resistance line one more time.
After this movement, price turned around and started to decline inside falling channel, where it broke support line with $2685 level.
Gold continued to fall, but later it reached resistance line, after which made downward impulse.
Price broke $2615 level and fell to support line of channel, after which bounced up, exiting from channel.
Now it trades close $2615 level and possible that Gold can little grow and then fall to $2570, breaking support level again.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
XAUUSD TECHNICAL ANALYSIS (READ CAPTION) hello traders. what do you think about this analysis.
current price: 2615
market seems unable to cross the lowest and has established a buy parallel pattern which further indicates a bullish trend. now market is working above its supporting area and is trying to go further high. its first target will be 2632 after crossing this position market will go upto 2656.
support zone:2607.2596
resistance zone:2632.2656
please don't forget to like comment and follow
$ETH to $6.45k USD - 2024's Crescendo CRYPTOCAP:ETH is showing strong signs of an impending breakout to the $6.4k–$8k range, backed by two key technical indicators:
Cup & Handle Formation: ETH has recently broken out of a textbook cup and handle pattern, confirming the breakout with a solid retest over this past week of VOL. This is a classic bullish signal pointing to higher targets.
Bull Pennant: Since the 2021 rally, ETH has been consolidating within a massive bull pennant. This long-term structure suggests Ethereum is coiled and ready for a significant move upward.
1.618 Fib: Also layering in a Fibonacci retrace, if ETH is indeed heading for ATHs and price discovery, the 1.618 FIB is a common level that traders are very familiar with. It just so happens to be right in the middle of our target box at ~$7k!
Momentum is building— we will need to keep an eye on volume and follow-through for confirmation.
To boot, bearish sentiment for ETH is near all time highs. I think it might be time for a most-hated rally. I have a short term allocation in AMEX:ETHT to ride this momentum, NFA DYOR
Pudgy Penguins PENGU price analysisThe chart shows all the support and resistance levels of the #PENGU price, use it for your health and with profit !)
In our opinion, as long as promo campaign continues, OKX:PENGUUSDT price will be “held” and pushed up in moments of market stagnation
🆗 We have placed 2 buy orders in copy trading, what do you think, at what levels?)
🎄 Have a nice Christmas dinner with a calm and cozy carol.
NVTS - 50% already, 300% more to go! Massive 2025 StockNASDAQ:NVTS 💾
A top 5 trade for me right now!
We are up a massive 50%+ since we called this name out for a breakout retest then move higher. We got exactly that friends. It's a massive move but what if I told you that this move pales in comparison to the overall 300%+ move I see coming over 2025! Buckle up this is going to be a wild ride friends.
Weekly Analysis:
-H5 Indicator is GREEN
-Broke out of downtrend & falling wedge in which we hit our first profit target and now we successfully retested the breakout and bounce higher! I bought more shares/ options this past week.
-Sitting on a volume shelf with a lot of room to run!
-Williams CB has created support and formed!
🔜🎯$4.65🎯$6🎯$7.62🎯$11.17🎯$12.29
⏲️Before May2026
Not financial advice.
Morning Start Formation on ETHThe Morning Star pattern on ETH suggests a potential reversal of the recent downtrend and hints at a possible upward price movement. This pattern typically forms after a period of falling prices and signals increasing buying pressure.
Key Points
Bullish Reversal: The Morning Star is a three-candle pattern that often indicates a shift from a bearish trend to a bullish trend.
Increased Buying Pressure: It signals that sellers are losing momentum and buyers are stepping in.
Potential Uptrend: If the pattern is confirmed by other indicators or a break above key resistance levels, it could mark the beginning of an uptrend for ETH.
Disclaimer: Remember that technical analysis is just one tool in a trader's arsenal and should be used in conjunction with other forms of analysis. It's important to conduct thorough research and consider various factors before making any trading decisions.
P.s. Trading on 24 of December Above 3475 gives confirmation to grow to 4k before the end of December 31.
p.s.s. This is random text from internet not a financial advice.
BTC correction support and resistance
BTC had reached the top based on the two lows on 21-Nov-2022 and 11-Mar-2024.
If we use the price 15,476 as a reference to project an angle 3 x 15.476 ~= 46.44 degree (you may also use a 45 degree), as well, using the price 38,555 to project 1.5 x 38.555 ~= 57.83 degree, they both formed a major resistance of this BTC swing. We may find support at levels using 2x and 1x the angles projected from the 2 BTC low on the chart.
Lingrid | GOLD Weekly Market OUTLOOKOANDA:XAUUSD made a sharp drop mid-week to the support level of 2585 before recovering on Friday. This rebound was largely influenced by Jerome Powell's press conference, which sparked concerns about potential Federal Reserve monetary tightening, while a strengthening TVC:DXY further pressured gold prices.
The market appears to be entering a consolidation phase ahead of upcoming holidays, likely maintaining stability as it seeks direction through the New Year. Trading may remain range-bound between 2600-2650.
On the weekly timeframe, the market closed with a bearish candle following a pin bar formation. The daily timeframe shows an emerging triangle pattern with lower highs and higher lows, indicating decreasing volatility. Given these conditions, I expect sideways movement rather than a trending market next week.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Potential bearish drop?The Gold (XAU/USD) has reacted off the pivot and could drop to the 1st support which has been identified as a pullback support.
Pivot: 2,626.87
1st Support: 2,585.55
1st Resistance: 2,664.92
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