Community ideas
NRLA "double bottom buy stop" strategy is a trading approach based on technical analysis. It involves identifying a specific chart pattern known as a "double bottom," which consists of two consecutive troughs at approximately the same price level separated by a peak. The strategy entails placing a buy stop order above the peak that separates the two bottoms. This order is triggered if the price surpasses that level, indicating a potential bullish reversal. Traders often use additional tools and indicators to confirm the pattern and manage risk effectively.
EURUSD 27-31 Jan 2025The current price action suggests a potential buying opportunity in the short term, contingent upon the pair retracing to the identified demand zone before initiating a rally toward the supply zone. However, if the price reaches the supply zone first, I will wait for confirmation of a reversal before considering sell entries, with the target set at the current demand zone.
Let’s monitor how this scenario unfolds.
EGLD (MultiverseX) - AltSeason Cycle - Bull RunBINANCE:EGLDUSD (#MultiverseX) is ready to jump.
That's because the #AltSeason shall push #AltCoins to the limits.
Its Market Cap ( CRYPTOCAP:EGLD ) is very low now and about to grow significantly.
This will be the result of #Crypto #MarketCap ( CRYPTOCAP:TOTAL3 & CRYPTOCAP:OTHERS ) breaking through their #ATH.
With #BitcoinDominance ( CRYPTOCAP:BTC.D ) showing signs of #Correction, #eGold should prevail.
What Happened with BINANCE:EGLDUSDT ?
#EGLD managed to spike a bit in the end of '23, thus confirming the start of a larger #Bullish #Cycle.
#Correction is also complete (Q4 in '24), which leaves room for the Bull.
What's next for BINANCE:EGLDUSD ?
An Impressive Rise is expected for $EGLD.
The current levels are to be watched closely by #Traders going #Long.
#MultiverseX #TechnicalAnalysis
- #ElliottWave A-B-C Sequence: Confirmed
- Intermediate (A) & (B) (white): Complete
- #Bullish #Fractal: Commenced
- #Fibonacci Levels: Conditions Met
My BINANCE:EGLDUSDT #Long Levels
#HODL #Trade:
- Entry @ 31.00 USD (or below)
- TP @ 420.00 USD
#Futures #Trading:
- Entry @ 31.00 USD (or below)
- SL @ 10.00 USD
- TP @ 225.00 USD
VINE COIN / USD TETHER target 1 $ ??What is Vine Coin?
VINE is a meme coin: January 18, 2025, Elon Musk says he is "looking into" bringing back Vine, and # rus, CEO of Vine, just launched a meme coin. Vine was a once-popular short video sharing platform that allowed users to shoot and upload videos up to 6 seconds long. Launched in 2012, it quickly gained a massive user base, especially among young people. Vine videos usually played in a loop, and users showcased their creativity and humor by producing various types of content. Many videos went viral on social media. In 2017, Twitter (Vine's parent company) announced the platform's shutdown. Although Vine has ceased operations, its impact remains significant, as many creators gained fame on the platform and moved to other sites like YouTube and Instagram.
Total supply: 999.99M VINE
Max. supply: 999.99M VINE
Circulating supply: 999.99M VINE
Be careful! VINE is a meme coin. Price may fall to 0.02 usdt, long.
Short 1 target 0.60 usdt, 2 target 0.90 usdt.
This is only my idea guys.
This is not financial advice !
Please do your analysis and consider investing !!
If you like my chart support me on X. Thanks
TUMP UPDATE (1H)This analysis is an update of the analysis you see in the "Related publications" section
The price has been rejected downward from the red box zone in the previous analysis. The trend remains unchanged and is bearish down to the lower zones. Only the time correction for waves D and E has extended.
From the point marked on the chart, it seems the TRUMP correction has started.
Wave D of this corrective pattern has also completed, and the price has entered wave E.
The green zone is where this meme coin might react.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Gold weekly chart with Buy and Sell level's Gold making ATH before retracing last week.
Here are the levels I'll be watching in the coming week.
I'll look at taking a buy if gold gets to 2776 expecting it to meet resistance on the way to 2800.
2778 and 2784 will be strong levels to break on the way up.
On the sell side ill look at entering at 2766, expecting 2750 as first major support.
Trades entries based on higher time frame and support and resistance backed up with Fibonacci levels.
Check out my other gold swing trade idea i just posted for the more experienced traders.
Ill update this as the week goes on.
Anticipating $ESH2025 to drop below 6070 by February 7All the usual disclaimers:
1. I am not registered with FINRA. I am not a financial advisor.
2. Prior performance is not a guarantee of future performance.
3.This post is not and is not intended as financial advice. Instead, this post shares speculation upon hypothetical possible future outcomes.
4. This post uses purely doodling and technical analysis. It is not based to any extent upon education from news sources, information releases from underlying firms, nor upon microeconomic nor macroeconomic principles.
A. The purple rectangle captures the recent downturn movement between December 5-January 14.
B. The green rectangle is a clone of that, based at the golden cross on January 14.
C. The orange rectangle is sized at 100 point range for 1 CME day, centered on last closing price.
D. The rectangle is sized at the 155 point range of December 18, 2024 for 1 CME day, centered on last closing price, starting from the opening bell.
E. Some downturn indicators arrowed to for discussion reference.
CME_MINI:ESH2025 is in the local zone of contention, which has been magnetic since Thanksgiving. It appears that it is more likely than not that CME_MINI:ESH2025 will remain within the local zone of contention for at least the next few days, returning repeatedly to 6130-6135. But, CME_MINI:ESH2025 is also far away from the 90 minute time frame's MA200 trendline, and since November CME_MINI:ESH2025 has dropped below that trendline four times. From that, I anticipate MA200 CME_MINI:ESH2025 to drop below 6070 by February 7.
Both downturn and upturn trends on the 90 minute time frame commonly have durations of either around 1-2 CME days. On the 90 minute time frame, a few downturn indicator dots accumulated at the end of the CME day on Friday, January 24. It's likely that the downturn trend will continue until at least pre-opening bell on Monday, January 27.
The range should be within 50 points, to an anticipated floor of 6080. For comparison, the total range was 85 points on Monday, January 20. If the downturn range extends to that of December 18, the anticipated floor is 6005.
If range turns bullish, the anticipated ceiling is 6185, with an outside ceiling at 6250.
$POPCAT: Not Over Yet, $2 Incoming by Q2Low hit rate on this setup, as the largest liquidity pool is sitting below 40 cents, and it's a significant weekly block.
I'll be adding a small position around the 50-52 cent range, but I wouldn't be surprised if it dips to the lows at 46 cents before any meaningful reaction.
For me, the better bet is a weekly block below 35 cents. I’m placing bids here and will increase my bids if price deviates below the trend line.
$POPCAT isn’t dead, but I do agree that it’s currently undergoing a major retrace. BYBIT:POPCATUSDT
Solana: long term trends...GM gents!
Take a look at the trends that are active in the monthly and quarterly timeframe in $SOLUSDT.
The most optimistic long term scenario implies a 42 to 1 reward ratio, and gains worth more than 1700% from here...
It's easy to be swayed by short term noise and miss out on these insane gains, I have helped many people achieve such results in the past and can do it again, make sure to follow me here and in my socials.
Best of luck!
Cheers,
Ivan Labrie.
Pre-FOMC Week - Bullish run on the EUR/USD & GBP/USD....Like last week's video analysis, I'm currently holding long positions on the EUR/USD and GBP/USD. I'm expecting strong movements in the coming week due to FOMC and Interest Rate Policy.
The ETF SOXL, has been running well although Friday dumped pretty hard but long positions remain solid. I'll remain diligent in observing the price action this week and hopefully book a good 90% profit so far for the 1st Quarter of 2025.
EUR/USD:
•1.0265
•1.0416
•Target: 1.06000
GBP/USD:
•1.2209
•Target: 1.2600 or 1.2700
ETF SOXL:
•$29.01
•Target: $36 or $40
Good Luck. Trade Safe.