Community ideas
POTENTIAL CFDS INDICIES FOR BUYING NEXT WEEK ( 22-27/12)Hello trader bro!
For everyweek, I will upload my trading Idea of some potential CFDs that we can take the trade nextweek
Hope you guys find it informative and beneficial, I'm appreciate so much of your support
If you like it, please press the follow button to boost my motivate to analyze market for you everyweek!
Thanks alot my mate!
Is Bitcoin Poised for a Rally? Technical Analysis and Trade IdeaMany are asking, where will Bitcoin head next? Looking at this four-hour chart, we can see equal lows and a notable dip into sell-side liquidity. My question is whether this is setting up for a pre-Christmas rally or not. I'll be watching for a potential buy opportunity if we see a bullish market structure break. If that doesn't happen, then there won't be a trade. This is not financial advice.
Market Update - 12/22/2024• still only 14% invested, the week was quite bad, most stocks sold off
• however, some stocks, especially space names, tech and retail are holding up very well
• given we are quite oversold short term and we could get an aggressive rebound next week, these stocks might be good breakout candidates
• will still stay small in terms of position sizing (5% max) until we get more traction
What Is The #1 Chart Pattern To Use?What Is The #1 Chart Pattern To Use?
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Watchlist Breakdown 22/12/2024A quick breakdown of my TOP6 in preparation for next week.
This is not Mark's or the Coaches analysis, so take it with a little distance but I still hope you took value from it and it helped you in preparing next week.
As we move into the festive period a lot of banks will reduce their exposure resulting in much lower liquidity over all asset classes so I'm not too eager to get involved in trades.
Let price and the DXY settle over the next couple of days, stay in your routines, keep the momentum high and be prepared when 2025 starts.
Bitcoin Breakdown, Pi Cycle Top Projections, and USDT.D UpdateIn this video I break down what I'm seeing with Bitcoin and the possibility for an even deeper correction into the Green Buy-Block zones.
I also revsit my Fibonacci projections for this cycle, with initial targets of up to $150k and ulitmately a $200k high target based on the 3.618 Fib retracement projection.
There's confluence with these targets using the measured moves from the recent Bull Flag breakout as well.
The BIG question is, where do we go from here?
Here we check out the Pi Cycle Top indicator, and I make some potential projections...
And propose the idea of a dual-cycle top, like we saw in 2013.
It makes sense, that we see a Jan / February pump to new highs, followed by a recessionary bust in Q2 (March) into the summer and potentially into Q3.
But then rally strongly up from there in Q4 as Oct, November and December are typically very bullish in a 4 year cycle. Either way, I think $200k is the cycle top, if we can get there.
The USDT.D study has also been updated, to show 'sticky' support here on the lower trendline, allowing BTC to push higher again above $100k and even rally higher per above. But then we'll likely see a reversion to the mean, with the USDT.D and Total Market Cap / Bitcoin prices.
Check out the video, and share some love with a Like, Comment, and Share.
Best to luck to everyone!
- Brett
BITCOIN BUY ZONEBTC is still bullish with a potential take profit on correction, on technical the weekly candle broken supply roof is keeping buyers on demand , a break of that support /demand floor will see price come to 84k-83k zone with a capacity for double confluence at that zone for a buy ,
watch the box zone for potential buy entry.
NEARON weekly timeframe, near protocol broke the demand floor ,we want to see a confirmation of the weekly candle close below the demand floor ,its possible that selling will continue into area of strong demand for buy liquidity with hope to retest the broken weekly demand floor .on technical a broken demand floor is a supply roof ,where we will target 2.3-2.7 demand floor for potential upswing.
Wanna Know What's REALLY Going On with Bitcoin? Buckle Up!"Crowd Psychology, Chart Patterns, and Why Bitcoin Might Be About to Faceplant (or Bounce Back)"
The Vibe Check: Bitcoin’s chart isn’t just numbers—it’s a chaotic rollercoaster of collective fear, greed, and panic. Right now? The crowd’s sweating bullets.
Key Level Alert: If Bitcoin doesn’t close above $98,000 in the next 24 hours, strap in—it’s likely heading south to $90,000 for an awkward meet-and-greet with support.
Shoe Pattern Shenanigans: The chart looks like a sad shoe. And guess what? Shoes go down—not up.
Emotions Run the Market: Technical indicators are nice, but crowd psychology runs the show. When everyone's asking, "What the hell is happening?" it’s usually not great news.
Critical Scenarios:
Best Case: Bitcoin rallies, closes above $ 98K, and we all exhale.
Worst Case: Bitcoin starts “dating” $ 90K support. If they get married… oof, we’re in for dark times.
Chart Whisperer Wisdom: Forget fancy oscillators—learn to read emotions in the chart. The story’s all there, plain as day.
Bottom Line: If Bitcoin doesn’t show us a green candle ASAP, we’re on the express elevator to "Sad Town." Keep your eyes on the chart and your finger on the seatbelt.
CRYPTO:BTCUSD
SPY to $650 in January?SPY recently retraced to the bottom of our Magic Linear Regression Channel with a large 3%+ move. Today, there was a nice bounce bounce from the channel bottom, back up to yesterday's open. So, what's next for SPY. The Magic Linear Regression Channel shows upside potential to it's baseline back at its recent all-time highs, and the potential for a higher move to the $630-$650 range. However, there is also the potential for it to fall back through the channel. Since we've been in a bull market for awhile now, that channel break would have to happen more definitively in order for that to be a likely scenario.
We've recently introduced the Magic Candles PRO indicator, which shows high volume candles that have very little price movement. When paired with the Magic Linear Regression Channel on a 1 day chart, it tends to show reversals at key levels on the Magic Linear Regression Channel. However, because we had a large move down on Weds, Dec. 17th 2024, and a large move up on Friday, Dec. 20th 2024 and ended up at the open of Thurs., Dec. 18th 2024, we get a doji on the 2 day chart that shows a massive "volume hammer" signal not seen since 2019, 5 years ago.
This signals that we are on the verge of a large sustained move. Again, because we've been in a bull market, and there aren't any very strong signs that it is over, we suspect that the large sustained move will be to the upside, because of the signal. If the price breaks down out of the channel, then we'll be in for a nice downward ride. Until that happens, though, we're bullish as we approach the all-time high again, and all the way to the $630-$650 range.
AUDUSD 2025 ANALYSISThe AUD/USD currency pair represents the exchange rate between the Australian Dollar (AUD) and the US Dollar (USD). As one of the most traded currency pairs globally, it is closely watched by traders, economists, and investors alike.
The USD has been relatively strong in recent months, driven by the Federal Reserve's hawkish stance on interest rates and global economic conditions. This has placed downward pressure on the AUD/USD pair, but any shifts in US monetary policy could cause sudden reversals.
The AUD/USD pair is highly sensitive to a variety of economic, geopolitical, and market factors. For traders, keeping an eye on global economic trends, commodity prices, and central bank decisions is key to navigating this dynamic currency pair.
SELL SELL SELL SELL!