Community ideas
Bitcoin struggles to break through Dec 17 daily close. In this video I discuss how Bitcoin could not break through the high from Dec 17 close ($106,187), and how that has been a significant resistance level even though Bitcoin has traded higher intraday, it has not been able to close above that level.
Long LITECOINCrypto's look bullish on the higher time frames with Bitcoin seemingly set to hit new all time highs. As such, I am looking for a move a multi-day/week rup in Litecoin in sympathy with Bitcoin with my current long position.
aaple long apple recently got sold off from its china sales and now is at a level from august 2024. With earning coming . it will be a great long from here. as it is at a strong support and risk: reward to upside is low
Complete analysis and review of Ethereumhello friends
We came with Ethereum analysis
As you can see, the price reached good support after a drop and was able to grow.
Now that the price has compressed and created a triangle for us, we are facing two scenarios:
1_ According to the beginning of the upward trend, succeed in breaking the ceiling and move to the specified goals.
2_ The price should fall from here until the support area is determined and then it starts to climb.
In our opinion, scenario 1 is more tolerant.
*Trade safely with us*
Peanut the squirrel - let's try againMy apologies on getting ahead of myself on the first post for PNUT. The 51 cent S/R flipped as resistance, and now we are very close to another area of interest.
We are getting close to the bottom of the big channel again, and also the .618 pocket for PNUT. This ranges from about 31 cents to 35 cents. Even right now at .37-.38 cents may be a good buy.
This price area is where it appears that it was when it dropped on Binance. So, this could be a nice "bottom picking" opportunity for Peanut the Squirrel.
It's hard for me to tell how good Pnut will do - but first we would need to take out the downtrend, and then establish .51 cents as support again. Also the $1.00 area would be a critical level to regain as support.
Targets could be: 1.58, 1.92, 2.45, 2.92, 7.14
There are higher targets, but I am not listing those now because that would be insane. Totally possible, but I am keeping it to this for now.
Thanks for looking!
BTC/USD "Bitcoin vs US Dollar" Crypto Market Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the BTC/USD "Bitcoin vs US Dollar" Crypto market. Please adhere to the strategy I've outlined in the chart, which emphasizes long & Short entry. 👀 So Be wealthy and safe trade 💪🏆🎉
Entry 📈 : You can enter a Bull or Bear trade at any point after the breakout or reversal.
Buy entry should break and retest the neutral level (102,000)
Sell Entry Pullback at the neutral level (100,000)
Stop Loss 🛑: Using the 4H period, the recent / nearest Pullbacks.
Goal 🎯: Bullish Robbers TP 11500 (or) Escape Before the Target
Bearish Robbers TP 84500 (or) Escape Before the Target
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Fundamental Outlook 📰🗞️
The BTC/USD is expected to move in a bullish direction, with the price potentially resuming its uptrend after a period of turmoil in late December and early January. The strong bullish trend and slight short-term decrease suggest that traders may consider trading only long positions.
To take a trade, consider the following:
Analyze the market trend: Look at the overall trend of the BTC/USD pair and identify any potential support or resistance levels.
Monitor market news and events: Keep an eye on any news or events that could impact the price of Bitcoin, such as changes in regulations or adoption rates.
Use technical indicators: Utilize technical indicators like moving averages, RSI, and Bollinger Bands to help identify potential trading opportunities.
Set a trading plan: Develop a clear trading plan, including entry and exit points, stop-loss levels, and position sizing.
The fundamental analysis of Bitcoin is aimed at determining where the price of the asset is headed, with models like the stock-to-flow model predicting prices based on the rate of new bitcoins being added to the network relative to the existing supply. Additionally, macroeconomic events like increasing monetary bases of fiat currencies can lead to inflation, which may drive up the demand for Bitcoin as an inflationary hedge.
Here's a fundamental analysis for BTC/USD, along with market sentiment percentages:
Overall Trend: The BTC/USD pair is expected to move in a bullish direction
Bullish Sentiment: 65%
Bearish Sentiment: 30%
Neutral Sentiment: 5%
Market News and Events: The upcoming events, such as the Bitcoin halving and the increasing adoption of cryptocurrencies, are expected to drive the price of Bitcoin up.
Bullish Sentiment: 70%
Bearish Sentiment: 25%
Neutral Sentiment: 5%
Technical Indicators: The technical indicators, such as the moving averages and RSI, are indicating a bullish trend.
Bullish Sentiment: 60%
Bearish Sentiment: 35%
Neutral Sentiment: 5%
Fundamental Analysis: The fundamental analysis of Bitcoin, including the stock-to-flow model, is predicting a bullish trend.
Bullish Sentiment: 75%
Bearish Sentiment: 20%
Neutral Sentiment: 5%
Macro-economic Events: The increasing monetary bases of fiat currencies and the potential for inflation are expected to drive up the demand for Bitcoin as an inflationary hedge.
Bullish Sentiment: 80%
Bearish Sentiment: 15%
Neutral Sentiment: 5%
Overall, it's essential to stay informed about market trends, news, and events, and to use a combination of technical and fundamental analysis to make informed trading decisions
Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and use trailing SL
Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🫂
Bank Nifty - Diamond pattern Breakdown - Towards 46500Bank nifty has shown diamond pattern breakdown at 50,400.
It has major support on 49,671.
If it is broken then further targets to follow as below based on diamond pattern,
49000 / 48200 / 47000 / 46500
LTIMindtree - Possible to make new ATH 7700LTIM has shown formation of Bullish BAT pattern.
It has strong MACD and RSI trend followed by volume contribution.
This will take it to new ATH 7700 with following targets;
Tagrte1: 6400 / 6600
Target2: 7000 / 7300
Target3: 7700
Analysis of the latest gold market trends:
Analysis of gold news: In the U.S. market on Friday (January 24), spot gold surged higher but encountered resistance and fell back. Spot gold bottomed out and rebounded on Thursday, falling to $2,735.83/ounce earlier in the session, but the change in the number of initial jobless claims in the United States performed worse than market expectations, and the dollar weakened after U.S. President Trump called for lower interest rates. Gold prices recovered all losses and closed at $2,754.59/ounce. Market attention remains focused on the broad impact of Trump's policies. Daniel Pavilonis, senior market strategist at RJO Futures, said: "Part of the reason is the dollar. The dollar rose early on Thursday and then was sold off, so it pushed gold off its lows. Thursday's trend is just a recognition of the direction of the White House. I think some of the volatility is due to this expectation." In his speech at the World Economic Forum, Trump emphasized his commitment to reverse inflation and announced that he hopes to cut interest rates immediately. He also urged other countries to take similar measures to address global economic challenges. However, according to the CME FedWatch Tool, traders believe that there is a 99.5% chance that the Fed will keep interest rates unchanged at the January 28-29 meeting. The uncertainty of Trump's future policies has prompted market participants to flock to safe-haven assets such as gold to hedge against volatility. Investors need to pay attention to Trump's dynamic news and changes in market sentiment. This trading day also needs to pay attention to the Bank of Japan's interest rate decision and the January PMI data of European and American countries.
Gold technical analysis: The trend of gold prices is in line with our expectations. It has fallen back and risen many times during the period, and it has been emphasized many times recently that the 2790 line is the ultimate goal, and it is getting closer and closer! Gold first stepped back and then rose, closing higher at the end of the day. It stepped back to the 2736 line on the middle track of the 4-hour chart and stabilized and then rose and closed at a high level. The long channel remains unchanged, and the trend of rising while consolidating and correcting. The daily line is still strong and the strong consolidation correction replaced the retracement correction, closing at a high level in late trading. There is a high probability of breaking the high momentum the next day. Gold prices also opened up without hesitation in the Asian morning session. If it continues to break through the high of 2763 today, today's high will go directly to 2790! During this period, we will continue to maintain the idea of falling back and going long!
Gold is running in the 4-hour rising channel, which is also a step-up rising channel. Yesterday, it stepped back close to the critical point of the middle track. It has been emphasized before that in a unilateral market, the middle track is a strong and weak dividing point. Keep the middle track and look long. Yesterday, it perfectly stepped back to the middle track, which is equivalent to a perfect opportunity to enter the long position. The strong market is afraid of not giving the opportunity to enter the market. As long as there is a gold step-back, it is an opportunity to go long. The defensive position can be moved up to 2736. Traders who do not have any trading orders also choose to step back to go long at a low position. Because the gold price has also adjusted in the process of yesterday's downward exploration, and this wave will also be a new wave of rising waves, gold will inevitably rise and break through the previous high of 2763 and move towards a higher point! On the whole, our professional gold analyst team recommends that the short-term operation strategy for gold should be mainly long on pullbacks, supplemented by shorting on rebounds. The short-term focus on the upper side is the 2793-2798 resistance line, and the short-term focus on the lower side is the 2765-2760 support line.
$JIOF- are we done yet?cleared up earlier chart zoomed out
already deployed more into this at 247 and still want more
approaching where the initial impulse began from so should see a healthy reaction IF we go there
no brainer buy and forget IF you are on the sidelines or have ammo
should go up the same way it came down with niftyy50 inclusion expected to be announced in Feb .
followed by tonnes of catalysts moving into 2025 .
LQTY wave 5This is the primary count I'm looking at right now.
Waves 1-2 are not the most beautiful out there, but valid nonetheless.
We have a wave 4 respecting the wave 1 high, with some bullish RSI divergence. Looking good for trades with high risk/reward ratios.
GOLD attracts traders. ATH as a target GOLD is testing the liquidity zone and sellers are trying to put pressure at the moment. But, it is worth to realize that Trump's policy is a risk for the market. Gold is still a safe-haven asset, which is remembered when risks rise.
Scenario: We are waiting for a correction to 2710 - 2690. This is an integral part of the scenario development after the false breakout. But, based on the bulls' position, we can count on the price reversal from the mentioned zones with the purpose of resistance breakout and further growth to 2757 and ATH - 2790
SHORT TREND Price broke point below discount area to make new low. We have seen a retest of previous LH area and a new low which signifies that area could be not hold for long trend.
Price is in bearish trend and target is around 100k, but i prefer targeting a close above target. My tp is 101.231
OBT - Possible outbreak over Swing HighAs in Chart. Probably will run up and down in that Zone for a bit before breaking up i guess.
