Short-setup
Airbnb (ABNB): Bearish Setup or a Bullish Surprise?After finding support at $113, Airbnb NASDAQ:ABNB is experiencing a rapid rise, efficiently collecting all the imbalances left behind from the previous drop. As we approach Airbnb’s earnings report this Thursday, the company is expected to post a year-over-year decline in earnings, despite higher revenues for the quarter ending September 2024. The sustainability of any immediate price changes and future expectations will largely depend on management’s discussion during the earnings call.
While we don’t base our strategy solely on the earnings outcome, it’s crucial to note that a favorable outlook from management could give the stock a short-term boost. Still, despite the potential for this optimism, our analysis remains bearish on NASDAQ:ABNB for the foreseeable future.
Technically, the 61.8% Fibonacci level aligns perfectly with the point of control from the past three years, offering a strong setup. If this level is reached, it would also complete the filling of any remaining price imbalances. This makes for a compelling hedge against our other swing-long positions.
We aren’t setting a limit order just yet. We prefer to observe the market’s reaction to the earnings report before making a move. This could mean placing the limit order the following day, depending on how NASDAQ:ABNB behaves during and after the earnings call. For now, we remain patient and prepared.
Analysis on gold, waiting for selling opportunityGold, after breaking all of its key resistances, has turned all resistances into a very strong support! ✨
We still expect a correction from it until the support range at 2090. Today, it might create a good selling opportunity with a sharp move upwards, meaning 2140. 💰
Sell zone: 2136 - 2140 - 2148
Targets: 2120 - 2100 - 2090
USDJPY SHORT SETUPSetting up a short on USDJPY, after a bear trend day market has finally retraced and reached a decent supply a demand zone which based on Price action there are sellers willing to enter the market, I am waiting for price to break previous swing high and tap into liquidity to then go short.
Bitcoin UPDATE Hello guys.
How are you doing?
I hope you feel great and always be happy and successful.
today, I want to talk about Bitcoin. It's an update and the expectation about the movement in Bitcoin.
So, as I always said it's not financial advice. please just read and do based on your strategy.
So, Let's go into details.
➖➖➖➖➖➖➖➖➖➖➖
I drew this Fibonacci channel a few months ago.do you remember that?
what a fabulous reactions.
You can find the bottom of Bitcoin easily.
please draw it on BTCUSD. and the price must be on the line chart.
after breaking line 1 (at the top of the first channel) the price changed the trend to complete the pull-bach to the top of the channel.
I expect that the maximum of this movement will be 38300 and then reverse the trend again.
But, if the price succeeds in closing above 38300 by a God Candle (a full candle without shadow at the top and the bottom) and the volume confirms this breakout, I believe that the price can go higher and the first target will be around 47000 and then 58000.
but, it's just a scenario and I don't think the price succeed in closing above the 38300.
by the way, I want to tell you something special.
Every time the stochastic managed to touch the 70 level (and above) and then reverse on the monthly time frame, we had a huge drop.
Please check it out at the below link. (Minimum 84%)
And the consequence is that I expect the trend will reverse soon. That's my idea. and the market maker played this rule to import the money into this game. and burn it.
please think about that carefully. and know that Opportunities in the market flow smoothly like a river.
Please don’t forget to write your comments ✍️✍️ like 👍👍 and Share 👌👌 this vision with your friends.
And Tell me do you agree with me or Not?
Please don't hesitate to write your comments below.
❤️❤️ Wish you the best ❤️❤️
Sincerely Yours
Ho3ein.mnD
BTC.USD (UPDATE)Hello My friends.
How are you?
Today I want to talk about Bitcoin.
But first, it's NOT financial advice. it's just a scenario that belongs to me. and it shows what can I think about this movement.
Let me talk about Elliot first.
✔️ The theory identifies impulse waves that establish a pattern and corrective waves that oppose the larger trend.
✔️ The Elliott wave rules are that markets move in eight waves – five that move in line with the major trend overall, and three that move against it overall. Each wave is a move in the opposite direction to the one that preceded it.
Please check it out below Photo.
So, let's go into details.
I published an analysis of Bitcoin in the Weekly time frame and full cycle before
Let's look at that again.
So, according to my words, I want to show you all the waves and movements of Bitcoin.
We had five bullish waves. and after finishing, we have to wait for the correction waves. the correction waves contain A, B, and C.
Please look at Bitcoin on a big scale. the 5th wave of Bitcoin finished at 69K.and after that the correction waves began.
From 69K to 15500 USD: we call it A
From 15500 USD to 34-38K: we call it B
and now, we should wait for the C wave to begin.
Now I want to collect all the information.
after finishing the A wave, at this time we are at the end of the main B wave.
By Using Fibonacci retracement, we can find the PRZ levels as the target of the B main wave. It means 34-38K is the target of the main B wave. after that, the C wave will begin. The C wave contains 5 microwaves.
Please don't FOMO.
although, there is no money in the market. I still believe that the market needs more correction. and the main whales did not enter and they are waiting for the best position to enter the market at the cheapest price.
At this price, it is not sensible for them to enter the market.
Please don’t forget to write your comments ✍️✍️ like 👍👍 and Share 👌👌 this vision with your friends.
And Tell me do you agree with me or Not?
Wish you the best 🙏🙏
Sincerely Yours 🌺🌺
Ho3ein.mnD
Bearish Way to GO...From our yesterday's analysis, we saw a possiblity of this pair going Bearish on the 1 hour chart, while still looking overwhelmingly Bullish on the 4 hour.
Today, looking at the 4 hour chart, we can see that there is a change in direction. The pair now has a Bearish perspective on the 4 hour chart. Price has retraced bullish into our Panzy Pips Block (PB), from where we expect Bearish reversal. We are open to the possibility of price reaching further up for our zone as marked out on the chart. With price expected to dip lower, we have our eyes and early trade setup focused at the 4 hour
DOT.USD (Full Analysis Long Term)Hello my dear Followers.
How are you?
I hope you feel great.
It's a new day and I want to talk about Polkadot (DOT)
Please pay attention that it's NOT financial advice because it's just a new vision that belongs to me. and I'm sharing this analysis with you.
So, please be aware and watch the market.
So, let's go into details.
I used the Fibonacci channel to analyze this chart.
0 is the bottom of the chart. 0.5 is the midline and 1 is the top of the Fibonacci channel. and so on
I want to check this asset in the daily time frame. Based on the information we had, we are still in a bearish trend. And expect to drop more.
Today market raised and I think it's just a pull-back to a lost support.
Please don't FOMO.
This market needs to drop more. According to my latest analysis about USDT.D, I expect this item to still go higher and higher. although the DXY is bullish too.
BTC.D is Bullish Too.
if BTC.D is bullish and Bitcoin drops, the altcoins drop more than you think.
It means that the market needs more correction.
There are four support zones for this asset, but just two zones are essential.
Let me define these zones for you. I believe that the main zones for Polkadot are 2.06 and 1.07 USD.
I don’t want to tell you the Polkadot will drop to 1.07 USD, I just tell you this zone (1.07 USD) is the last support and it might never touch the price.
the main support for Polkadot is 2.06 USD.
You should buy your asset at the cheapest price, so, you should be patient.
I want to put in my order of 2.06 USD to buy a Polkadot.
By the way, you should watch the market. Because bad news is coming. And they are really effective in this market.
The main correction wave has not started yet.
I want to refer you to my last analysis of BTC.USD in a weekly time Frame. we are still in the B wave and the C wave has not started yet.
It was my duty to warn you and tell you all the truth.
Sooner or later, but the correction is sure.
Please be patient. Control your emotions.
Opportunities in the market flow smoothly like a river.
It was my duty to tell you all things you need to know.
Please don’t forget to write your comments ✍️✍️ Like 👍👍 and Share 👌👌 this vision with your friends.
And tell me do you agree with me or not?
Good Luck
Ho3ein.mnD
XRP.USD (Ripple) Full AnalysisHello My Friends.
It's a new day and I want to talk about my favorite Coin known it as Ripple.
It's really a die-hard asset against many problems.
Let me remember that it's NOT financial advice.
It's just a new vision for the Ripple.
So, please read carefully and don’t forget to Like, share write your friends, and write your comments below.
Let's go into details.
As you see, I want to analyze this chart on a weekly time frame to show you what's happening in XRP on a big scale!
I drew 5 zones as the main support zone. I believe that the First zone around 0.45 USD will be lost soon.
So, don’t hurry to buy this asset at an insensible price.
The Next support is around 0.28 USD. This zone is rarely strong but I believe that this zone will be broken too.
The 3rd one is around 0.18 USD and could be a good place to put your order for the first Level.
But I believe that the 0.15 USD will touch the Price and it's really an excellent place to buy XRP.
Finally, the Last support zone is around 0.12 USD. This is a fabulous zone to buy and hold Ripple for a Long time.
I want to tell you something sweet, according to my calculation, the final target of Ripple at the end of the next Bull cycle will be around 50 USD in the long term. it means a profit of more than 40000% at the end of 2029. So, please pay attention to my words and be patient.
The situation of the world economy is terrible.
The U.S. government is stuck in recession. So, it's a good chance to start the best investing.
Please be patient. control your emotions.
Opportunities in the market flow smoothly like a river.
It was my duty to tell you all things you need to know.
Please don’t forget to write your comments ✍️✍️ Like 👍👍 and Share 👌👌 this Vision with your friends.
And Tell me do you agree with me or Not?
I wish you Health and Wealth
Sincerely Yours
Ho3ein.mnD
FTM Full Analysis For Long-TermHey Guys… How are you today? 👋👋
It's a new day and I want to talk about FTM (Fantom)…
✔️ Before that, I want to remember It's not financial advice.
✔️ I'm just sharing my view and opinion of the chart. Please see and think about that. The situation is so complicated.
It's my duty to tell you something honestly.
But, first, I ask you to Like my analysis, follow me, and Share this analysis with your friends.
It will give me more positive energy to publish more analysis.
So, thank you for your support.
Let's go into details.
As you see, we have Three Main support zones. The first one is around 10-11 Cent, the second is between 5-6 Cent and the last one is around 3.5-4.2 Cent.
Buying on Shadow will be very exciting. So, I will put my order on 4 Cent.
I'm sure the first support will be lost soon. If you check this asset's chart in the weekly frame, you see a Head and shoulder pattern that the neckline is breaking.
So, we have to focus on this support and it's very important to us to money management.
By the way, there is good news for FTM, if you can buy FTM at the lowest level, this asset will give you a huge profit of more than 50,000% at the end of the Last Bull Market.
If you need to analyze in another time frame, for example, 4H or 1H, please send me a message
It takes about 4-5 Years. I think you should know the worth of this asset and this huge profit … can you imagine this profit? 🙈 🙈
I want to buy and hold FTM on 3rd support zone and my final target to sell is around 20 USD.
I'm sure you are confused right now. But it's ok and there is no problem. Time proves everything.
If you have any questions, or if you need to know more details please don't hesitate to contact me.
🙏🙏 Please don’t forget to like 👍, follow ✌️, and share 👌 this analysis with your friends. Also write your comments below, Do you agree with me? do you think we are still on a downtrend? and what is the last target of this downtrend?
Thank you so much for your attention and participation 🙏🙏
Wish you the best 🧞♀️
Sincerely Yours
Ho3ein.mnD
ChainLink Analysis For long-termHello Traders, here is the full analysis for Chainlink
let me know in the comment section below if you have any questions. I suggest you keep this analysis on your watch list and see what will happen and will my analysis will happen!!!
Today I want to talk about LINKUSD in a daily time frame
Before that, I want to remember It's not financial advice.
I'm just sharing my view and opinion of the chart. Please see and think about that. The situation is so complicated.
I will tell you the best zone to buy and hold Chainlink for the long term to get a huge profit.so, please be patient.
As you see in the chart, I want to explain everything by the Fibonacci Channel. Because it's so simple and easy to show you.
I draw 3 Green Zone to show you all the support zones. I believe that the first green zone will be broken. Sooner or later but it's sure.
So let's focus on the second one. I think it could be a strong zone to support the price but I think the market maker do anything to lose that to the third support zone.
I'm sure the 3rd green zone is the best place to buy and hold link for long term. it's really my favorite place. I will put my orders in this zone. because I believe that the future of Chainlink is bright.
If you have any questions, please don't hesitate to contact me.
Wish you the best
Sincerely Yours
Ho3ein.mnD
USD/CAD Bearish setup is coming!On this pair, we have a bullish setup on the daily chart with a double impulse trendline. Currently, the price seems to be closing below a very important resistance level at 1.3380. If the market closes below this level, we could expect a downtrend towards the 1.3240 level, where we have a valid trendline with a higher timeframe FVG (Fractal Volume Gap) confirmation in the H1 chart. This would validate the bullish trendline. Additionally, if the M15 chart confirms the setup, I will aim for a long trade with an entry at the FVG zone and a target at the previous high around 1.3650. Let me know what you think. Happy trading to all from Nicola, the CEO of Forex48 Trading Academy.
EUR/USD Downtrend is ready after NFP!On EURUSD, we have a well-established downtrend with the price reaching a supply zone around 1.1020 on Friday. After the Non-Farm Payrolls (NFP) release, there was a false breakout to the upside, which was quickly reversed, leading the price to retrace. In fact, the market has a strong long-term bullish trend, but on the H1 timeframe, it's evident that it's currently retracing towards the trendline zone. It could either touch the trendline and bounce back up for a long position or possibly break through it and retest before continuing downwards for a short position. The critical level of interest is 1.0960, and as a result, the price could potentially reach and touch the previous lower low in the zone around 1.09. Let me know your thoughts on this analysis. Have a great day! Regards, Nicola, CEO of Forex48 Trading Academy.
XAU/USD BEARISH SETUP - 1910 KEY LEVELOn gold, we have a bearish setup on both the weekly and daily charts. Occasionally, we have noticed that it is useful to look at clearer and more detailed timeframes. In both the weekly and daily charts, we precisely have a bearish setup with a resistance zone between 1960 and 2040. Within this zone, there is a demand area and a bearish trendline where the price has bounced before reversing course after a slight rally. Indeed, the price is now descending towards 1910, which is our key level that will act as support initially and then resistance once the price reaches the demand zone, which is between 1800 and 1840. We expect a rebound from that area with a target of 1910. Let us know what you think. Happy trading to everyone!
✅EUR_JPY LOCAL SHORT🔥
✅EUR_JPY is about to retest a key structure level of 158.038
Which implies a high likelihood of a move down
As some market participants will be taking profit from long positions
While others will find this price level to be good for selling
So as usual we will have a chance to ride the wave of a bearish correction
SHORT🔥
✅Like and subscribe to never miss a new idea!✅
EURAUD SHORT TRADE - H1 ENTRY SETUPOn EURAUD, we have a bullish setup this morning, with the price reaching the 1.653 zone, where it encountered a FVG and a Forex48 block. After receiving some confirmations on the M15 timeframe, I entered short with a target of 1.642, resulting in a risk-reward ratio of 1:7 with a 1% risk. At the time of writing, the price is already at breakeven, making the trade risk-free. Let me know how you would manage this trade and what you think. Happy trading to everyone from Nicola, the CEO of Forex48 Trading Academy.
EUR/CAD DOUBLE SHORT ENTRY SETUPS H1On EURCAD, we have a bearish setup with the price forming a supply zone yesterday during the American session, effectively creating a FOREX48 BLOCK and an FVG (Force Vector Group). In the first case, if there is a re-test of the 1.4690 level, we could look for confirmations for a short trade. In the second case, the FVG in the 1.4680 area, where, with confirmation on the H1 and M15 timeframes, we could look for a short trade. We enter with a target at 1.4560. Let me know your thoughts in the comments. Happy trading to everyone and have a great day from Nicola, the CEO of Forex48 Trading Academy.