Trend Analysis
Sol Extremely Bullish FractalHi
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So this is as fractal from previous bull run in 2021, and used the same fibonacci targets for this bull run.
The chart here is SOLBTC, so if peak on this chart is 0.01BTC and BTC today is 100K =
SOL 1k.
If BTC peak is 200K -> Sol is 2K... etc.
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This is a dreamy target, but it is in my opinion important to have some extreme targets.
I have been in crypto for 7 years, and havent we all seen extreme things happen ?
Perhaps this could be possible with SOL "eth killing" and taking the coin nr 2 place ?
Watch below some other SOL vs ETH ideas. It looks.. possible..
Or ? What do you think ?
doge long midterm"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
XAUUSD 99% confirm Gold (XAU/USD) is trading with a moderate positive tone on Friday following the sharp sell-off earlier this week. Cooler-than-expected US Personal Consumption Expenditures (PCE) Price Index data on Friday has increased selling pressure on the US Dollar, although the precious metal is struggling to put a significant distance from the one-month lows hit this weekPCE Inflation has increased 0.1% in November, against expectations of a 0.2% increment. The yearly rate accelerated to 2.4% from the previous month's 2.3% reading, still below the 2.5% anticipated by the market consensus. Likewise, the Core PCE eased to 0.1% from 0.3% in October while the yearly inflation remained steady at 2,8% against market expectations of an uptick to 2.9%from heavily oversold levels. The broader trend, however, remains bearish. The pair is struggling to find acceptance above $2,600 and the Relative Strength Index (RSI) in the 4-hour chart remains flat at levels below the 50 threshold, highlighting the bearish momentum.
Immediate resistance is at the $2,605 intra-day high, with the key resistance area to challenge the bearish trend at the $2,625-$2,630 area (November 28, December 2 lows). On the downside, supports are at Wednesday’s low at around $2,580, ahead of November’s trough at $2,540.
BTC/USD "Bitcoin" Crypto Market Heist Plan on Bearish Side🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
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A Bullish Merry BTChristmasGlad this year Christmas isn't different from others before it, for all Crypto traders.
Bitcoin CRYPTOCAP:BTC flipped bullish on the eve of Xmas. My Yellow trend line was a huge confirmation for me. It reclaimed and broke above it.
3 Green back-to-back candles in 1 minute ✨✨✨
Happy Merry B-T-C hristmas 🎄🎅
Beautiful trade year for me and the entire Bulls
NVDA at supportNVDA is at a major support level. NVDA hit an intraday low of 127 today. Based on multiple technical indicators, NVDA is a buy around the 125 price zone.
VWMA20 = 140
VWMA50 = 140
VWMA100 = 125
TTCATR S3 = 123
Trade idea:
Long = 127
Stop = 123
Profit = 155
1) buy 100 shares
2) buy 125 call
3) long call spread
sell 155 call
buy 125 call
4) short put spread
buy 125 put
sell 155 put
Options data:
12/20/24 expiry
Put Volume Total 318,966
Call Volume Total 380,956
Put/Call Volume Ratio 0.84
Put Open Interest Total 2,304,003
Call Open Interest Total 3,040,469
Put/Call Open Interest Ratio 0.76
1/17/25 expiry
Put Volume Total 41,472
Call Volume Total 97,747
Put/Call Volume Ratio 0.42
Put Open Interest Total 4,177,795
Call Open Interest Total 3,391,793
Put/Call Open Interest Ratio 1.23
2/21/25 expiry
Put Volume Total 24,905
Call Volume Total 46,275
Put/Call Volume Ratio 0.54
Put Open Interest Total 1,009,356
Call Open Interest Total 1,217,139
Put/Call Open Interest Ratio 0.83
Scalping ETH thesis investment Ethereum (ETH) Trading Thesis – Summary
Objective:
Take Profit (TP): $3,500
Stop Loss (SL): $3,440
Overview: Ethereum (ETH), the second-largest cryptocurrency, remains a leading platform for decentralized applications and smart contracts. As of December 24, 2024, ETH shows strong growth potential driven by technological advancements and increased adoption.
Technical Analysis:
Take Profit at $3,500: Identified as a key resistance level based on historical data and Fibonacci retracement, indicating potential bullish momentum.
Stop Loss at $3,440: Placed just below recent support to minimize losses if the price declines.
Indicators:
Moving averages (50-day and 200-day) suggest upward momentum.
RSI nearing overbought levels signals strong buying interest.
Increasing trading volumes support the current trend towards the TP target.
Risk Management:
Risk-Reward Ratio: 1:1, balancing potential gains and losses.
Position Sizing: Limit risk to a small percentage of the portfolio (e.g., 2%) to manage exposure.
Diversification: Maintain a varied portfolio to mitigate overall risk.
Fundamental Catalysts:
Ethereum 2.0 Upgrades: Enhancements in scalability and efficiency bolster ETH’s value.
Growth in DeFi and NFTs: Increased demand from decentralized finance and non-fungible tokens sectors.
Institutional Adoption: Growing interest from institutional investors supports price stability and growth.
Potential Risks:
Regulatory Changes: New regulations could negatively impact ETH’s price and adoption.
Market Volatility: High volatility may trigger stop losses or limit profit potential.
Technological Delays: Setbacks in Ethereum’s development could affect investor confidence.
Conclusion: Ethereum presents a promising trading opportunity with a clear strategy to take profit at $3,500 and limit losses at $3,440. Effective risk management and ongoing monitoring of market and technical indicators are essential for capitalizing on ETH’s potential upward movement.
Disclaimer: This summary is for informational purposes only and does not constitute financial advice. Conduct your own research and consider your financial situation before making investment decisions.
Gold (XAU/USD) Consolidating Within Symmetrical TriangleChart Analysis:
Gold is trading within a symmetrical triangle pattern, reflecting a phase of consolidation as price tightens between converging trendlines. The current price of $2,611.97 is near the middle of the range, with both upward and downward breakouts possible.
1️⃣ Symmetrical Triangle:
Price action is consolidating within the converging trendlines. A breakout above the upper boundary ($2,650) or below the lower boundary ($2,570) would provide the next directional clue.
2️⃣ Moving Averages:
50-day SMA (blue): Positioned at $2,667.53, acting as a dynamic resistance just above the triangle.
200-day SMA (red): Positioned at $2,477.51, providing long-term support well below current price levels.
3️⃣ Momentum Indicators:
RSI: At 44.34, trending slightly bearish but still neutral, indicating room for further movement in either direction.
MACD: Negative but flattening, signaling waning bearish momentum during consolidation.
What to Watch:
A breakout above the upper boundary of the triangle and the 50-day SMA could signal a bullish continuation, targeting prior highs near $2,750.
A breakdown below the lower boundary may lead to further declines toward the 200-day SMA near $2,477.
Gold is at a pivotal point, consolidating within a symmetrical triangle. A breakout in either direction will likely determine the next major move.
-MW
$BTC following yesterday's updatesYesterday I was initially a bit skeptical that we might not have corrected hard on an Eliot wave yet. But after I delved more into the charts and the altcoins around them, I became more and more positive.
Now we actually seem to be getting a bullish breakout that looks solid for now there are a few zones that are super important to keep an eye on.
There are a lot of bears on the road around 97k. (Dutch pronunciation: Meaning obstacles on the road)
If we manage to break the bears and have the 100k in sight again, that is our last piece of trouble to complete the bull run.
For now, wish you a very Merry Christmas Eve and Merry Christmas.
More later
Be kind to each other and the world!
SWING IDEA - POLYPLEXNSE:POLYPLEX has hit its 3 year low of 800 levels recently. At this zone, it can been that while the Price Action has been making Lower Low Pattern, the MACD however is starting to form a Higher High Pattern.
This MACD Higher Higher Pattern the recent crossover as well indicates a move in the upward direction.
Follow Strict Stop Loss here as any weekly closing below the Swing Low levels can only take the stock further downward.
This could potentially be a High Risk High Reward Trade. Take it only based on your Risk Appetite and Management.
EURUSD Analysis And Next Market MovePair Name = EURUSD
Timeframe = 12H
Analysis = technical + fundamentals
Trend = Bullish
Pattern = Falling Wedge
Details :-
EURUSD is making the falling wedge pattern. We are waiting for breakout. After breakout. We can see 300 Pips + gain.
EUR is getting stronger that is pulling market to upside.
Target:-
1.11
1.12