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Solana - Finally Initiating The Bullish Breakout!Solana ($CRYTO:SOLUSD) is finally breaking above the highs:
Click chart above to see the detailed analysis👆🏻
In the end of 2023, Solana create a so called reversal triangle breakout and rallied more than +1.000% over the past couple of months. However looking at the current all time high breakout rally, this might still just be the beginning of the next massive Solana bullrun.
Levels to watch: $200, $500
Keep your long term vision,
Philip (BasicTrading)
S&P500 - The Most Important Channel Breakout!S&P500 ( TVC:SPX ) is retesting a crucial breakout area:
Click chart above to see the detailed analysis👆🏻
During 2024, the S&P500 rallied more than 25% after we already saw a very bullish year of 2023. However, momentum is always more likely to continue and since the S&P500 is currently retesting a major breakout level, this bullish momentum could lead to a final breakout.
Levels to watch: $6.000
Keep your long term vision,
Philip (BasicTrading)
Bitcoin Forecast : Find the exact date to buyBitcoin is entering a slow dead pan zone for the next two months .
If you are on spot positions ,
- DCA
-HODL
If you are on leverage ,
- Reduce and dont take any new positions of BUY .
- You can consider small SHORT positions , SELL @96,000 and buy back@ 85,000- 89,000.
But I would rather avoid SHORTS as liquidation chances are high
Predicted date of growth
17th Feb 2025 for the new cycle .
Buy around Second week of February
Bitcoin: Are We Holding at $93K, $90K, $88K, or $83K?Good morning, trading crew.
Bitcoin is pulling back, and we’re heading for one of these key levels:
1️⃣ $93K might be the first spot where it bounces.
2️⃣ If not, we’re looking at $90K next.
3️⃣ Below that, FWB:88K could be the level to watch.
4️⃣ And if things go lower, FWB:83K might be where it finally holds.
Right now, it’s all about being patient and watching how it moves. Trade what you see, not what you hope for.
What’s your call—where will Bitcoin settle? Drop your thoughts below, and don’t forget to like and follow to stay in the loop.
Kris/ Mindbloome Exchange
Gold silver oil coffee12.10.24 there is some important follow-up on gold and silver. those markets have expanded. what this means is that trade location changes as well. when markets expand and contract this affects trade location for buyers and sellers. regarding coffee there is a two bar reversal pattern that suggests that the Market's going to trade lower a short position here with a small stop and then if we don't get stopped out we can make more judgments depending on how the market moves.
Review and plan for 11th December 2024 Nifty future and banknifty future analysis and intraday plan.
Stock- swing trading.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
NVIDIA’s Next Move: Are We Headed to $160 or Dropping to $118?Good morning, trading family.
NVIDIA just hit a big level, and now we’re seeing it pull back. Here’s what I’m watching:
1️⃣ First stop looks like $134.75.
2️⃣ From there, it could go one of two ways:
We get a bounce, and NVIDIA pushes back up to the $160s.
Or, it keeps sliding to $128-$130.
If those levels don’t hold, we could see it drop even further to $118.
This is one of those times where it’s all about watching the levels and letting the chart tell us the next move. Trade what you see.
What do you think—are we bouncing or dropping lower? Let me know your take below, and hit like and follow if this breakdown helps.
Kris/ Mindbloome Exchange
Tesla: Are We Dropping to $350 or Climbing to $480?Good morning, trading family.
Tesla is sitting at a key level, and it looks like we’re about to see a big move. Here’s what I’m seeing:
Option 1:
We could see a drop of $50-$60, taking Tesla down to $350-$360 before it finds support and bounces back.
Option 2:
If Tesla holds here and starts pushing higher, it could climb to $440. After that, we might see either:
A pullback of $50-$60, OR
A continued run all the way to $480.
This is one of those times where the chart is doing the talking. Trade what you see, not what you hope for.
If this breakdown makes sense, hit like, follow, and share your thoughts below. Where do you think Tesla is headed next? Let’s figure it out together.
Kris/ Mindbloome Exchange
GOLD SELL ZONEDamascus under attack and The People’s Bank of China resumed Gold buying after a six-month pause on sentiment they provided buy potential for yellow metal.
on fundamental United States inflation and central banks’ monetary policy announcements is on desk.
gold recovered its bullish poise ,but face immediate resistance from the descending trendline connecting 2788 and 2720 to resist at 2676.78. its expected that after the break out from descending trendline we come for retest in the zone of 2647-44.
its critical as strong fundamental analysis are schedule this week which happens to be FED watch tools to gauge economic performance. The US will publish an update on inflation on Wednesday in the form of the Consumer Price Index (CPI). USD Core CPI m/m forecast 0.3%
USD CPI m/m FORECAST 0.3%
USD CPI y/y, they will shake trade with volatility.
On Thursday USD Core PPI m/m ,USD PPI m/m and Unemployment Claims will shape trade direction giving us a clear directional bias as to where the green back is headed. The Federal Reserve (Fed) prefers to base its decision on Personal Consumption Expenditures (PCE) Price Index,
SPY/QQQ Plan Your Trade For 12-10: Bearish ExhaustionToday's pattern suggests the SPY & QQQ will attempt to trend downward in early trading (trying to find support), then roll into a congestion period finding a Bearish Exhaustion pattern.
As you will see in my charts, I expect the SPY/QQQ to stall over the next 3-5 trading days and then move into a correction period - trending downward before the end of 2024.
Gold and Silver are moving higher as economic data continues to suggest the strong US economy/inflation trends are putting pressure on global markets. This translates into FEAR.
The next big move in Gold/Silver may come before the end of 2024 as well - sending Gold above $2900 and sending Silver above $35.50.
Bitcoin is probably the most interesting chart - setting up a Triple Excess Phase Peak pattern in a broad consolidation range. Currently, the dominant pattern is suggesting a downward price move is very likely. Although, a break above 102k (resistance) could send Bitcoin rallying much higher.
Get ready for some big moves.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Key Opportunities in Nasdaq Futures! Daily Strategic AnalysisDiscover the most critical zones for trading Nasdaq futures this December 10, 2024. In this detailed analysis, we cover:
✅ The bullish trend on the daily chart and key correction zones.
✅ Potential setups for long and short entries based on intraday moves.
✅ Strategies to capitalize on moves of up to 200 points.
Don’t miss out on today’s market opportunities. Subscribe to the channel for more exclusive trading insights and strategies!
🔗 Check out the YouTube channel and boost your trades with expert insights.
PEPE | ALTCOINS | Next TargetsALTCOINS have seen hard pumps and at this point of the cycle, for as long as BTC trades range between 95k-105k , altcoins can go even higher.
PEPE has recently made a new ATH, but it's likely that there is another push. This is now price discovery, as there are no points of resistance or support. However, through Fibonacci and technical indicators, we can get an idea of were the price of PEPE may be heading next.
Don't miss yesterday's update on ETH, and why the ATH is NOT IN yet:
_______________________
MEXC:PEPEUSDT
Altcoin Market - Alt Season Paused - What now?Everything is bleeding. The world is ending.
Facts:
1. Many alts are still up significantly from their yearly lows.
2. Many alts had massive runs and you should have taken some profit.
If you take into account principles in trading and technical analysis, you'll allow yourself to remove all the emotion and keep a steady eye on the bigger picture which is what I aim to do here. I'm using basically two tools in this video:
1. Fibonacci - in a reverse fashion, measuring a bear market to determine where the next bul market can go. It worked fairly well for the last bear/bull cycle, so I am applying the same principle for this same bear/bull cycle - giving me a target (conservative) at 1.56T - an aggressive target would be ~1.91T but that is not my primary target.
2. Trend-Based Fibonacci Extension - I measured a few different pivots in the 2023/2024 cycle to determine some upside targets and I kept arriving at 1.48-1.57T as targets for extended moves.
Are there targets beyond that? Absolutely. Am I ready to share those now? Not unless I want a repeat of the ridicule I faced for suggesting that BTC would break out of the 60k region just a few weeks back. I’m not here to chase every micro move in crypto. My focus is on the broader bull cycle we’re riding, and my goal is to make the most of it.
For those genuinely curious and willing to decode and have a little fun, here’s a ciphered message using the Caesar cipher (shift of 9) to get the ultimate TOTAL3 market cap target:
"Mdq wkh pdmru wdujhw lv irxu dqg d kdio wuloolvq grooduv."