check if I can ignore the bear flag2643 or 2652 untested resistance
2600 or 2594 support
there is an issue between long-term 2500 vs 2700
but I don't know which one to target for now
Trend Analysis
BABA repeating 2016?In December 2016, BABA was in a very similar situation it is now 8 years later. In 2016, BABA was cooling down after a large move in the fall and looked uncertain going into President Trump taking office. We are now in an almost identical situation, BABA is cooling down and in less than 30 days Trump will be taking office again. I took the fractal from 2016 and I think we can expect a large upside move in the next few months. I took July calls on BABA.
UK100 (FTSE) Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast:(Daily TF)
The ascending flag taking shape suggests we will soon see another leg higher.
While the price is above the support 7911.37, resumption of uptrend is expected.
We make sure when the resistance at 8485.05 breaks.
If the support at 7911.37 is broken, the short-term forecast -resumption of uptrend- will be invalid.
A peak is formed in daily chart at 8385.30 on 12/09/2024, so more losses to support(s) 8083.43, 8007.24 and minimum to Major Support (7911.37) is expected.
Trading suggestion:
There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (8007.24 to 7911.37). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.
We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (8007.24)
Ending of entry zone (7911.37)
Take Profits:
8083.43
8183.03
8242.89
8380.25
8485.05
8664.21
8765.00
9000.00
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GOLD → Correction before further declineFX:XAUUSD is testing the zones of interest within the counter-trend correction after it managed to break a rather strong level earlier. The fundamental background is not very good, there is bearish pressure on the market.
The negative impact on gold is built around the hawkish stance of the Fed (inflation, Trump's future policy and the economic data of the last two weeks). The cycle of interest rate cuts may slow to 2 rate cuts for 2025.
Friday's correction is mainly due to PCE data, but I don't think it will change the global picture.
Towards the end of the year, it is logical to reduce liquidity in the markets, which could increase mispriced volatility in the market. Be careful!
The gold market is still supported by the conflict in the Middle East and Eastern Europe.
Technically, price is forming a flag after a strong decline. At the moment the price is inside the pattern and for trading it is worth paying attention to the boundaries of the local channel.
Resistance levels: 2620, 2631, 2640
Support levels: 2606, 2560
Emphasis on 2620. If the bears break the level and keep the defense below the level, it can generally increase the pressure, which will provoke the price drop.
But I do not rule out an attempt to break the channel resistance and retest 2640-2650 before a further fall.
Regards R. Linda!
XAUUSD BUY ANALYSIS (READ CAPTION)hello my fellow traders! what do you think about gold today.
current gold price: 2603
bulls are back and now gold is about to hit 2645 which is our demand zone. after rejecting 2582 twice market has established a strong bullish trend. from this position market's first target will be to break 2626 resistance and if market successfully breakout this zone then its next target will be 2645.
key points:
resistance: 2626, 2638
supporting area: 2595, 2618
Note:
First Target: 2625
Second Target: 2645
Stop Loss: 2582
kindly like, comment and follow for latest updates on gold. thanks for your precious time and support.
Michael Sailor is dumbMichael Sailor is the dumbest trader I've ever seen on a massive scale. MicroStrategy started buying Bitcoin on August 11th 2020. Since then Michael Sailor held Bitcoin for a loss and bought Bitcoin at all time highs. He never sold Bitcoin to take profit, never had a stop loss and leveraged his Bitcoin dca accumulation by issuing debt with a check he ultimately can't cash. In the future this will prove to be a catastrophic example of how not to trade or invest. Everyone will be saying in hindsight they could have predicted such a collapse. Everyone who has traded Bitcoin the past 10 years knows it is a speculative risk asset. You buy the drop and sell the top. Eventually, this ponzi scheme greater fool theory implodes under it's own weight and gravity prevails.
BTC Future trajectory:
Sell Resistance = 100k
Hold Average = 63k
Buy Support = 23k
Bay!?Please pay attention
Perhaps the corrective phase has ended and we are in an important area for buying. There is a high possibility of a rise to $140,000
This is just an analysis. Check before entering the purchase
USDJPY LONGSLooks like a good zone to potentially take a buy from with my major timeframes lined up. Once price taps in again I’ll be looking for entry on 1h, 2h, or 4h timeframes
Trading MRI comprehensive trade analysis for BNZIBanzai International, Inc. ( NASDAQ:BNZI ) is a marketing technology company that provides essential marketing and sales solutions for businesses of all sizes. Recent acquisitions, financial restructuring, and a reverse stock split signal strategic shifts aimed at enhancing the company’s market position. However, its financial metrics reflect significant challenges, including negative operating, profit, and gross margins.
Recent Stock Performance
Closing Price (Dec 20, 2024): $1.71 (+5.56% from previous close of $1.62).
Daily Trading Range: $1.63–$1.85.
Volume: 4.07 million shares (below the 4.23 million average).
Volatility:
5-day fluctuation: 16.33%.
30-day fluctuation: 11.04%.
Moving Averages:
+11.89% above 20-day SMA.
-19.48% below 50-day SMA.
-82.60% below 200-day SMA.
52-Week Range:
-99.23% from 52-week high.
+32.05% above 52-week low.
Recent Company Developments
Acquisitions:
Vidello: Adds 6.5M in revenue and 2.3M in EBITDA (announced Dec 20, 2024).
OpenReel: Enhances AI-powered marketing with enterprise video solutions (completed Dec 19, 2024).
Debt Restructuring (Sept 2024): 5.6M liabilities written off; 19.2M restructured.
Reverse Stock Split (Sept 19, 2024): 1-for-50 split to meet Nasdaq listing requirements.
These developments indicate strategic efforts to stabilize operations and capture growth in the video marketing sector.
Analysis Overview
Daily Timeframe:
Setup: Green Setup 3 progressing toward Green Setup 4.
Trend: Bullish short-term, supported by price action above the 20-day SMA.
Key Levels:
Resistance at $1.85.
Support at $1.60.
Weekly Timeframe:
Setup: Transition from Red Setup 8 to Green Setup 1.
Trend: Strong reversal potential.
Key Levels:
Resistance at $1.80–$1.95.
Support at $1.35.
Monthly Timeframe:
Setup: Red Setup progression from 2 to 4.
Trend: Bearish continuation.
Key Levels:
Breakdown below $1.45 signals bearish dominance.
Support at $1.30 and $1.20.
snapshot
Risk Assessment
1. Probabilities:
Daily (Bullish): ~50.7% success rate.
Weekly (Bullish Reversal): ~90% success rate.
Monthly (Bearish Continuation): ~55.6% success rate.
2. Risk-Reward Ratios:
Daily: 1:1.5 (moderate).
Weekly: 1:2 (favorable).
Monthly: 1:1.5 (moderate).
3. Trade Risks:
Financial instability and operational losses may limit upside potential.
Reverse stock split suggests efforts to manage compliance rather than growth.
Trade Recommendations
Daily Chart:
Action: Long on confirmation of Green Setup 4.
Entry: Above $1.75.
Stop-Loss: Below $1.60.
Targets: $1.85, $1.90.
Weekly Chart:
Action: Long on confirmation of Green Setup 2.
Entry: Above $1.80.
Stop-Loss: Below $1.35.
Targets: $1.95, $2.00.
Bold Prediction for Q1 2025 NASDAQ:BNZI
Optimistic Scenario:
If bullish reversals on daily and weekly charts are confirmed, supported by revenue growth from recent acquisitions:
Target Price: $2.10–$2.20.
Drivers: Growth in video marketing demand and operational cost savings from debt restructuring.
Target Price: $2.10–$2.50 by Q2 2025.
Pessimistic Scenario:
If bearish continuation dominates, compounded by financial challenges:
Target Price: $1.15–$1.25.
Conclusion and Bold Prediction
BNZI's stock performance in 2025 will hinge on the successful execution of its strategic initiatives and the market reception of its enhanced video marketing solutions.
Optimistic Scenario: Integration of Vidello and OpenReel drives growth and operational efficiencies, potentially lifting the stock to $2.50 by mid-2025.
Pessimistic Scenario: Continued financial losses and market volatility may push the stock to a low of $1.10 by mid-2025.
Investors should monitor quarterly updates on revenue growth, profitability improvements, and operational synergies from recent acquisitions. This will provide crucial insights into the company's trajectory in 2025.
BTC : All Time High IN - OR Multimonth Playout?Bitcoin has begun a steep drop, and it's likely that the ATH is priced in. This fits my previous idea that the ATH would either be just over or just under 100k.
There is, ofcourse, another option as well - a continuation over the next few months. This is likely if the price of BTC follows a fractal of the previous cycle. It would become likely if we see a strong bounce around the 81-82K zone, pushing us up into the 90's.
But, at the moment, I'm leaning towards the idea that the ATH is in.
It would also makes sense for the ATH to be in, from an Elliot Wave Theory perspective, since we've made a perfect 5 waves. If this is indeed the case, we can look forward to a few more rallies in the altmarket.
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BINANCE:BTCUSDT
HBAR / USDT: Breaking out from Trendline resistance HBAR/USDT: Breaking Out from Trendline Resistance – Bullish Rally Ahead?
HBAR/USDT is making waves 📈 as it breaks through a critical trendline resistance zone 📊. This breakout signals the potential for a strong bullish trend to unfold 🚀. With momentum building, traders should keep a close eye 👀 on this pair for further confirmation and opportunities.
Key insights:
1. Trendline resistance breached: HBAR/USDT has successfully broken a long-standing trendline that previously acted as a barrier. This breakout could pave the way for a significant upward move.
2. Volume surge: A noticeable increase in trading volume accompanies the breakout, indicating strong buyer interest 🔥.
3. Bullish signals: Momentum indicators like RSI and MACD are turning positive ⚡, supporting a continued bullish trend.
Steps to confirm the breakout:
Look for a clear 4H or daily candle closing above the trendline 📍.
Monitor trading volume; a surge confirms strong buying activity 📊.
Watch for a potential retest of the broken trendline, now acting as support, to solidify the breakout ✅.
Stay cautious of fake breakouts, characterized by sharp reversals or wicks above the trendline ⚠️.
Risk management strategies:
Implement stop-loss orders to protect your position and manage risk 🔒.
Size your position wisely, ensuring it aligns with your overall trading strategy 🎯.
This analysis is for educational purposes only and not financial advice. Always conduct your own research (DYOR) 🔍 before making investment decisions.
Risky LongsBecause we are closer to EOY, trading is generally more risky. But looking at longs on GBPAUD now.
Confluences:
- 2.00500
- 50 fib
- H4 SNR
- H1 Double bottom & retest on neckline
Wave 4Sorry, the party is over.
We will enter wave 4.
We will come to the yellow box to the levels of 0.382 and 0.50. Then we will have wave 5.
BITCOINUSD BREAKOUT SELL SETUP (READ CAPTION)hi trader's. What do you think about bitcoinusd
Current price: 96900
Bitcoinusd breakout parallel channel and . Holding parallel channel down side .Possible bitcoinusd nove to first tp 95550 and 95550 breakout then bitcoinusd fall down 92600
Resistance zone: 97500. 98700
Support zone: 95550. 92600
Like comment thank you for support
SHIB/USDT Analysis: SHIB is currently gaining momentum within a long-term symmetrical triangle pattern. This consolidation phase suggests a potential breakout, and if SHIB stays above key support levels and bounces off strongly, it could retest its all-time high.
SHIB is close to the apex of the triangle, a crucial point where a decisive move is expected.
Strong upward momentum could target higher levels.
Immediate support is near 0.00002150.
Critical support at 0.00001090 is marked by the dashed red line. It is crucial to stay above this level for bullish continuation.
First Target: 0.00003000
Second Target: 0.00005000
Based on sustained momentum, potentially a retest of levels near 0.00009000.
The symmetrical triangle signals a period of indecision, but a breakout could lead to substantial profits.
Monitor volume closely to confirm the strength of the breakout, while also keeping an eye on key levels for invalidation.
If the bullish momentum sustains, SHIB has a strong chance of retesting its ATH in the upcoming rally.
DYOR, NFA
@Peter_CSAdmin
XRP Price TargetsAs we can see XRP is following its own previous fractal.
My price target is $5.5 till Jan 8, 2025
Multiple buying opportunities around $2.25
BTC WAS CREATED TO GIVE EVERYBODY A CHANCE AT CREATING WEALTHALL assets are a measurement of human behavior ,price reacts to emotions . In order for retail to buy it must be at a level that causes a reaction to create momentum, BULL or BEAR. Any market is based in probability, so you must have two thesis. My analysis shows BTC going down which is not bad ,most people like discounts . Do not get scared if you a bull BTC will have another thrust maybe in 2025. I say maybe because most retail buyers not sitting on extra money and rates are still high for cheap money to come in and create huge momentum
NZD/USD Stabilises Ahead of the HolidaysNZD/USD Stabilises Ahead of the Holidays
Forex trading is slowing down as the holidays approach, offering a pause after significant movements driven by various news events, including central bank decisions.
Notably, NZD/USD reached its lowest level since October 2022 at the end of last week.
The decline in NZD/USD has been influenced by two main factors:
1. The dollar gained momentum following the Federal Reserve's decision to lower the interest rate by 0.25% and its forward guidance for 2025.
2. According to Reuters:
→ New Zealand's economy contracted much more sharply than expected in the second and third quarters.
→ Market participants anticipate that the Reserve Bank of New Zealand may lower interest rates by 0.5% in February.
Technical analysis of the NZD/USD 4-hour chart depicts a bearish outlook:
- The 0.58 level, which served as support in November, turned into resistance in December.
- The price is currently hovering near the lower boundary of a descending channel that has been in place since October.
- The RSI indicator signals that the market is approaching oversold conditions.
While bears may attempt to extend the downtrend by pushing the price below last week’s low, this could create a divergence pattern on the RSI indicator, offering hope for a potential bullish reversal.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Audnzd at area of interst Audnzd has tested my area of interest, i expect further downside, into the new year, looking at price action we may see price breake the last weekly low. trade with caution and only risk what you can lose.
Bitcoin price & MACD divergenceA very classic divergence between the price and the MACD indicator. The exchange rate rises from November 25, and the indicator falls until December 17. In such a case, the exchange rate usually follows the indicator. This can also be seen on this chart.
Tesla $500+ friday or early to mid next Week ??After reaching a new All Time High last week of about 488, The stock price began to sell off but we might have found its bottom for now and can be anticipating another leg up to push us above 500 before heading back below 400 to test crucial Support levels. Good luck.
Yesterday was an Inverted hammer close and today followed up with a doji that tested previous all time high levels that were broken last week and then recovered closing near opening price. Could be time for an upward move. Good Luck
