Community ideas
Microsoft - We Will See A Correction!Microsoft ( NASDAQ:MSFT ) can actually create a correction:
Click chart above to see the detailed analysis👆🏻
Microsoft is one of the strongest stocks over the past decade and also over the past couple of months, there was no clear sign of weakness. Therefore, it is actually not extremely likely that a correction will happen, but if it does, this will offer a long term texbook trading opportunity.
Levels to watch: $420, $350
Keep your long term vision,
Philip (BasicTrading)
Amazon - The +150% All Time High Breakout!Amazon ( NASDAQ:AMZN ) is hugging the previous all time high:
Click chart above to see the detailed analysis👆🏻
Amazon has been moving sideways for almost four years, consolidating between support and the previous all time high. After retesting the resistance over and over again, it is just a matter of time until Amazon will break the previous all time high and start its next major bullish cycle.
Levels to watch: $190, $500
Keep your long term vision,
Philip (BasicTrading)
Timelapse of BTC's Daily ActionBTC Daily Action Levels Annotations
Highlight major support and resistance levels in the timelapse.
Annotate key pivot points where the price action reversed or consolidated.
Mark critical breakout and breakdown levels with arrows or boxes to emphasize their impact.
"Timelapse of BTC's Daily Action 🎥📈" Post: "Watch BTC's daily price action unfold in this timelapse! 🚀
📍 Key levels annotated to showcase their significance.
🔍 Did the market respect these levels, or did it break away?
Share your thoughts below! #BTC #Crypto #Trading"
NAS 100 LONG UPDATEBrief video update on position being held for the week, price is showing signs of a further break out and push to the upside to fill the imbalance created during the flash sale we experience the week prior.
buys still look strong until proven otherwise; keeping in mind we could possibly reject this level to grab more liquidity short term to get the volume needed to create the break out.
LIVE TRADING ON HOW TO TRADE LONDON SESSION Here in this video i show you how you can trade London session on live trading using Eurusd and Gbpusd so this pair is very important for trading this . I mark high and low of Asian session befor entering . Practice before on real account . Use money management
Why AIrBNB might be the company to watch in 2025Hello,
we see an opportunity for investors to buy Airbnb at the bottom. In this video we go a step further and try and explain why.
While the company's long-term prospects remain strong, short-term headwinds are likely to keep its stock price under pressure. As the travel industry gradually normalizes post-COVID, we anticipate minimal demand erosion for alternative accommodations from ABNB's existing customer base. However, the company's share growth in urban markets continues to lag behind its gains in non-urban regions in recent years, presenting a potential growth opportunity moving forward. In the near term, I anticipate AirBNB's share price will
continue its pullback to around USD 100. However, over the longer term, the company is expected to remain resilient, with an initial price target of USD 170 and a longer-term target of USD 220.88.
All the best & goodluck
BTC : All Time High IN - OR Multimonth Playout?Bitcoin has begun a steep drop, and it's likely that the ATH is priced in. This fits my previous idea that the ATH would either be just over or just under 100k.
There is, ofcourse, another option as well - a continuation over the next few months. This is likely if the price of BTC follows a fractal of the previous cycle. It would become likely if we see a strong bounce around the 81-82K zone, pushing us up into the 90's.
But, at the moment, I'm leaning towards the idea that the ATH is in.
It would also makes sense for the ATH to be in, from an Elliot Wave Theory perspective, since we've made a perfect 5 waves. If this is indeed the case, we can look forward to a few more rallies in the altmarket.
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BINANCE:BTCUSDT
Nat Gas Monday 23 DecToday was the day for swing traders. There come some days when you can't help but make money. The market opened with the gap on the upside, stayed sideways for a while then started creeping down. At one point selling pressure was so high price hardly rallied. For swing traders, this was that day of the month. For scalpers, it was business as usual.
But the interesting thing about today is that volatility was high. It was no big deal cause the targets were also big. As long as the price is above 300 big swings are here to stay. Prepare yourself for big swings!
See you Tomorrow.
Quantum Corp (QMCO): Eyes on $70—Can We Go Higher?Good morning, trading family!
Wellness Tip Of The Day
Dehydration can impair focus and decision-making. Keep water or herbal tea at your desk and sip consistently throughout the day. Aim for at least 2 liters daily, adjusting for your activity level.
Now Lets Get into it:
Quantum Corp ( NASDAQ:QMCO ) has broken through a key resistance level at $29.91, which has now turned into solid support. With that level holding strong, the next big target is $70. If the momentum continues and we don’t see a pullback, there’s potential for a push to $88 as well.
This is shaping up to be an exciting move. Let’s stay sharp and see how the price reacts as we approach these key levels!
Comment, like, follow, or send me a DM if you’d like a deeper dive into this analysis!
Kris/Mindbloome Trading
Trade What You See
Micron Technology (MU): Is a Big Move Just Around the Corner?Good morning, trading family!
Micron’s price has been moving between $92.90 resistance and $84.26 support, and it looks like a big move could be coming soon. Will we see a breakout to higher levels, or a pullback to retest support?
This is one of those setups where being patient and watching how the price reacts at these levels can really pay off. Stay ready, and let’s tackle this opportunity together!
Comment, like, follow, or send me a DM if you want a deeper analysis or more insights!
Kris/Mindbloome Exchange
Trade What You See
Gold still preparing for it's macro shift to a new yearly candle
Weekly seems to be gravitating to lower levels, clear dealign range and we're sitting in the lower half of it. I predict with everything added coming into the yearly that the new candle will seek for imbalance correction below before finding it's high
Monthly showing clear imbalance zone still resting in the lower portion of September's candle. This is where I believe the new yearly candle will want to reach
btcusd on bearish reverse below 92130#BTCUSD on multiple reverse, now we exercise drop below 92130 for longer sell till 90k-89k but market price sell can start at current price ,above 93800 buy can still move. Overall move on #BTC can take correction if price falls 92130 back to 93k-94k. Selling at 92130, SL 92800 TP 90k 89k
2024 Santa Rally and More - Up/Down/SidewaysIt's that time of year again. The final trading weeks of 2024 and the technical "Santa Rally" (trading through Christmas and New Year's) is upon us.
Unfortunately the FED put a bit of a cap on the extremely optimistic and borderline euphoria that was bubbling over going into the FOMC Rate Decision.
100 bps of cuts, yet the US10Y (10 year yield) has virtually moved in the exact opposite direction. Inflation is now a concern and this is a big reason for the FED's "hawkish cut" in December. The market will have to figure out how 1-2 cuts in 2025 looks compared to 4-6 cuts that was anticipated.
I don't think the 1 day FED move is enough of a correction to justify loading up on longs, so I'm looking for 200 EMA tests and better prices all around. If I don't get them, I suppose I'll just wait longer :)
Happy Holidays to everyone
Thanks for watching!!!
SPY/QQQ Plan Your Trade For 12-23: BreakAway PatternToday's pattern is a Break Away pattern.
I'm not expecting much to happen just before Christmas, but this is when surprises may happen.
If you have not already protected your capital - now is the time to do it (almost too late at this point).
You should be prepared for anything that happens and move into a position of safety related to the holidays.
Remember, the markets will always be here. Get through the holidays and get busy trying to enjoy your life.
I suspect the markets will stay very flat over the next 3 to 5+ days.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
NASDAQ - Trading Complex Pullbacks & Pennant PatternsThis video will teach you how to trade complex pullbacks.
Concepts include: how to properly read a trend, breakout patterns, structure recognition & different entry techniques.
From the fundamental side, we also examine how recent economic events, such as the FOMC Interest Rate decision, US government shutdown threats, and the Santa Clause Rally, have affected the markets.
I wish you all a safe & happy holiday season!
Akil
btcusd short appratunityThe unit of account of the bitcoin system is the bitcoin. It is most commonly represented with the symbol ₿ and the currency code BTC. However, the BTC code does not conform to ISO 4217 as BT is the country code of Bhutan, and ISO 4217 requires the first letter used in global commodities to be 'X'. XBT, a code that conforms to ISO 4217 though not officially part of it, is used by Bloomberg L.P.
No uniform capitalization convention exists; some sources use Bitcoin, capitalized, to refer to the technology and network, and bitcoin, lowercase, for the unit of account. The Cambridge Advanced Learner's Dictionary and the Oxford Advanced Learner's Dictionary use the capitalized and lowercase variants without distinction.
One bitcoin is divisible to eight decimal places. : ch. 5 Units for smaller amounts of bitcoin are the millibitcoin (mBTC), equal to 1⁄1000 bitcoin, and the satoshi (sat), representing 1⁄100000000 (one hundred millionth) bitcoin, the smallest amount possible. 100,000 satoshis are one mBTC.
Blockchain
Further information: Blockchain § Structure and design
As a decentralized system, bitcoin operates without a central authority or single administrator, so that anyone can create a new bitcoin address and transact without needing any approval. : ch. 1 This is accomplished through a specialized distributed ledger called a blockchain that records bitcoin transactions.
The blockchain is implemented as an ordered list of blocks. Each block contains a SHA-256 hash of the previous block, chaining them in chronological order. : ch. 7 The blockchain is maintained by a peer-to-peer network. : 215–219 Individual blocks, public addresses, and transactions within blocks are public information, and can be examined using a blockchain explorer.
Nodes validate and broadcast transactions, each maintaining a copy of the blockchain for ownership verification. A new block is created every 10 minutes on average, updating the blockchain across all nodes without central oversight. This process tracks bitcoin spending, ensuring each bitcoin is spent only once. Unlike a traditional ledger that tracks physical currency, bitcoins exist digitally as unspent outputs of transactions. : ch. 5