BNT to $27 in 4000% moveOn the above 12 day chart price action has corrected 96% from $9 in early 2021. A number of reasons now exist for a bullish outlook. They include:
1) Price action and RSI resistance breakouts.
2) Support on past resistance, look left.
3) That bull flag forecasts a 4000% move and more to $25 area.
Is it possible price action continues downtrend? Sure.
Is it probable? No.
Ww
Type: trade
Risk: you decide
Timeframe for long: remainder of this month
Return: Lambo
Trend Analysis
ETHEREUM POSSIBLE BUY?The market seems to be forming a possible Head & Shoulder on the Daily TF. Overall the market is BULLISH based on the Weekly TF.
There is a break and retest of structure on the 4HR TF. We could see BUYERS showing interest should the current level holds.
Disclaimer:
Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account.
High-Risk Warning
Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.
Big XRP bullish move formingBYBIT:XRPUSDT has formed a (remarkably equaliteral) triangle flag pattern since breaking out of the parallel channel flag*. Given the previous 25% move upwards (i.e. the flagpole), text book technical analysis theory states that there is another upwards move imminent. This is a good opportunity for a medium term (approx. one month long) bullish swing trade.
A few things to note:
*The breakout move from the parallel flag channel was a text book move upwards where it moved outside of the channel (breakout move), then returned back to the resistance line of the parallel channel, which became support, and then continued the move upwards. This provided a very good entry opportunity upon the return move once the daily candlestick showed proved that resistance line is a now a line of support (i.e. the candlestick is of a dragonfly shape) - you enter on the dragonfly share confirmation
The triangle flag pattern is running out of room. i.e. the move is expected to come soon (this coming week) as the candlesticks are getting smaller and smaller in size, following, broadly speaking, the triangles lines of support and resistance, and there are not many days left until the candlesticks will naturally move out of the triangle.
The market psychology behind this is that the buyers who made a profit on the recent flagpole are now selling, with newer, bullish buyers entering the market. The price which the sellers are willing to sell and and buyers willing to purchase at is getting closer and closer, which usually means the continuation of the trend as there are more buyers (in this case) than sellers (i.e. people are willing to buy at a price closer and closer to the sellers ask price and sellers don't have to drop their prices as much to entire people to buy)
This is consistent with the optimistic and bullish sentiment for the economy in generally, stock market and crypto since Trump's election victory with Trump having recently announced that he would prefer lower interest rates i.e. The chart formation is showing that there are still more bulls than bears.
Risk to this move are that the RSI is overbought (which in this case can be ignored as it has been overbought for a few months and the nature of the indicator is that in a bullish market it remains at an overbought level regularly) and that the crypto market is prone to large gyrations on rumours and even minor US governmental policy announcements.
EURUSD Trendline Breakout Ready for a Long BullHello Traders
In This Chart EURUSD HOURLY Forex Forecast By FOREX PLANET
today EURUSD analysis 👆
🟢This Chart includes_ (EURUSD market update)
🟢What is The Next Opportunity on EURUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
GBP/JPY SELL IDEA (R:R=12.3)Selling GBP/JPY once market opens. A beautiful Crab and Butterfly just formed on 15 min chart. Overall direction is down on DAILY timeframe. Daily D ext. is projected at 185.000
Stop Loss is: 194.800
1st Target: 193.712
2nd Target: 193.390
3rd Target: 193.084
4th Target: 192.054
Hope everyone has a great week trading!
NZDCAD - Short after BOS !!Hello traders!
‼️ This is my perspective on NZDCAD.
Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, so I look for a short. We can see that price rejected from bearish OB + level 0.82000. As well we have hidden divergence for sell.
On H1 we have regular divergence, so I wait for a short position after BOS.
Fundamental news: Upcoming week on Wednesday (GMT+2) we will see results of Interest Rate on CAD. News with high impact on currencies.
Like, comment and subscribe to be in touch with my content!
US100NASDAQ Analysis
📈 Overall Trend: Bullish
The market remains in an uptrend.
📉 Clear Signs of a Pullback
Despite some strong bearish signals, they do not present a good trading opportunity.
✅ Preferred Strategy
Long positions (BUY) remain the better choice, offering a reasonable risk-to-reward ratio.
🎯 Target: 22,370
High-precision analysis, amazing results!
Bitcoin Dominance Analysis:Zone A (Resistance Area):
The highlighted white box represents a strong resistance zone for Bitcoin dominance. The chart has tested this level multiple times but has failed to break it so far.
If Bitcoin dominance manages to break this level, it could signal further upside momentum.
Potential Move to Zone B:
The blue arrow indicates a possible corrective move if Bitcoin dominance fails to break the resistance at Zone A.
Zone B, the highlighted gray box, appears to be a significant support area. A reaction can be expected if the chart moves toward this zone.
Sure! Here's the analysis in English for your TradingView post:
Bitcoin Dominance Analysis:
Zone A (Resistance Area):
The highlighted white box represents a strong resistance zone for Bitcoin dominance. The chart has tested this level multiple times but has failed to break it so far.
If Bitcoin dominance manages to break this level, it could signal further upside momentum.
Potential Move to Zone B:
The blue arrow indicates a possible corrective move if Bitcoin dominance fails to break the resistance at Zone A.
Zone B, the highlighted gray box, appears to be a significant support area. A reaction can be expected if the chart moves toward this zone.
Scenarios:
Bullish Scenario: If Bitcoin dominance successfully breaks above Zone A, it will indicate Bitcoin gaining strength relative to altcoins. This could mean a shift of liquidity from altcoins to Bitcoin.
Bearish Scenario: If Bitcoin dominance fails to break the resistance and moves downward, the next target will likely be the support zone at Zone B. This could signify increased focus on altcoins.
The Real Trump token.Hello again.
I am posting some Fibo levels for better overwiev on logaritmic scale.
Seem like priceaction created Descending Triangle.
We will see to the end of January, how chart will transform.
Level of resistance showed VIDYA indicator and trend change would happen
around 44-45 dollars, if this happen,
"FIGHT!FIGHT!FIGHT! " : )
5 wave correction in ABC should be done already, or very near...
Yours Emvo.
Lingrid | ARBUSDT buying OPPORTUNITY in Consolidation ZONEBINANCE:ARBUSDT market is currently consolidating around the 0.7000 price level. Trading below the downward trendline, and break above this may signal a potential end of pullback in the market. A similar pattern has been observed in other markets, where the markets made fake breakout of the December low saw. In this scenario, I anticipate the market may dip below the formed range before rebounding from the support level and channel border. Notably, the market has already made a significant 60% retracement since its bullish trend witnessed in November 2024. My goal is resistance zone around 0.8000
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
SOLANA on the verge of a parabolic breakoutHi all, happy Saturday. COINBASE:SOLUSD has seen a recent rapid rise due to increased memecoin volume and a proposal a Solana ETF. The new administration could also bring potential further bullish momentum for the alt-coin.
In addition, from a technical perspective, Solana has recently break it's previous 2021 all-time high on strong volume which is possible bullish sign for continued upward momentum in the coming months.
Highlighted is an ultra-bullish scenario where we see a 10x move to the upside similar to 2 previous occasions shown in the chart. More conservatively, I am confident we can see a $450-$500 price by the end of this calendar year - which would still yield an impressive 100% return.
Happy trading, and have a great weekend!
Gold price analysis. Top could be very close.
Examining the chart above, it's evident that gold has experienced several prolonged periods of consolidation, often lasting decades after reaching all-time highs, with a typical decline of over 45% in value before eventually returning to those previous highs. I'm addressing this today to provide insights into investing in gold. Although many assert that gold serves as a store of value, the 45%-65% drops it frequently undergoes challenge that notion, making it difficult for me to embrace that perspective.
I believe gold can still be a worthwhile investment; however, I contend that the most effective strategy for investing in gold is through long-term dollar-cost averaging (DCA). For instance, if I aimed to invest $100,000 in gold, I would prefer to purchase $10,000 annually over a decade rather than investing the entire amount at once, which could lead to a potential 60% loss and result in long-term illiquidity.
With the emergence of the digital gold revolution, there's a significant risk that Bitcoin (BTC) may finally supplant gold as the primary store of value. When comparing the ROI of BTC to nearly any other asset over time, it becomes clear that nothing compares. While BTC has experienced extreme volatility, similar to gold's 65% declines, the key difference lies in BTC's ability to reach new all-time highs within a maximum of five years, whereas gold often takes decades to recover. As BTC's market capitalization grows, its price fluctuations should become less severe, and with banks now permitted to hold cryptocurrency, the landscape could become quite intriguing.
Historically, gold appears to breakout from cup and handle patterns, potentially leading to 65-70% rallies, as indicated in my 3 charts above, suggesting a peak price of around $2800 per ounce. I advise caution, as I believe the digital revolution (Crypto, AI, Quantum Computing) may dampen this surge, and we could be nearing if not already the peak, possibly signalling the end of gold cycles. In my experience with gold cycles, I've observed that when non-investors urge me to buy gold, proclaiming unrealistic future values and a return to the gold standard, it often precedes a downturn. Notably, many people I know currently view gold as the best investment and store of value, likely due to the prevailing narrative and the recent inversion of the yield curve, prompting a rush toward gold in anticipation of a market correction. If gold is to breach $2,800-3000 area, I believe significant corrections in major indexes and crypto markets are necessary. Given that Donald Trump frequently boasted about the financial markets during his last presidency, even amidst unprecedented trade wars, I find it unlikely that conditions will worsen significantly. Furthermore, the recent removal of SAB122 allows banks to hold crypto, potentially serving as a substantial catalyst for upward price movement and draining liquidity from other financial markets.
Also worth mentioning is that in the main chart you can see that if you draw fib retracement from the bottom of last run to the top you'll see that our 1.618 sits around 3k. if you draw from the bottom of the last handle you'll notice the 1.618 sits around 2700 which we've now slightly over extended. i would say there is plenty of upward resistance with nothing on the downside until around 2k.
Nonetheless, I view gold as a highly risky investment; once it declines, it takes an exceptionally long time to recover. I would prefer to invest in the S&P 500, especially if employing a DCA strategy, as it serves as a far superior store of value. Even after a major correction, the S&P typically regains its all-time highs within just a few years. For the average investor who isn't actively trading, I don't believe gold is a sound investment for this reason. I encourage you to compare the charts of gold and the S&P over the past 50 years and calculate your ROI if you had invested $10,000 annually in each; you'd likely find yourself significantly wealthier with the S&P 500. I have heard many rumours of countries such as USA and china going back to a gold standard but IMO the world always tends to move forward and i think gold is going to be left behind the the wake of crypto. GLTA
NAS100...Ever The Bullish Instrument Part 15This week as usual, I am continuing with my bullish bias due to the fact that all the larger timeframes are still maintaining their HL structure.
A quick glance at the H1/H2 will show that a new Low has been formed...(one direct and one segmented). However, this does not affect the bias of the overall structure as when you zoom out and examine the larger timeframes, you will see that the structure is still being maintained on the largest timeframes the daily and above.
Last week price traded above the current H1/H2 trendline before the break on Friday.
This to me does not indicate a break in structure, however a temporary retracement to set up another HL for the larger timeframes.
If you have been tracking the Highs, you would have noticed that while they have been LH's since the last ATH back in December, they are still tracking higher, which confirms that the market is still in a consolidatory state and it will only be a matter of time before the ATH is broken again.
What does this mean for this week?
1. I still enter on my largest HL and exit on my HH's
a. In the event that I only get a LH...I take my profit and wait for another HL
2. My TP levels for 2025 still remain the same and I patiently trade the trend.
3. Continue being patient as I wait for the ATH to be broken again.
Remember this a marathon and not a sprint and as such consistency is going to be of utmost importance.
Have a great week and remember to always journal your trades, do not rush your entries and most of all trust your analysis as long as you are trading the trend.
#oneauberstrategy
#aubersystem
#auberstrategy
#whywewait
#patience
#zigzagtheory
Gold- New ATH after correction?On Friday, FOREXCOM:XAUUSD climbed to a high of 2786, just 30 pips below the previous all-time high (ATH).
Currently, the price is in a corrective phase, which could present an opportunity for bulls to enter the market at more favorable levels.
Key confluence support lies around the 2740 zone, which could serve as an attractive entry point. A reversal from this area, followed by a break back above 2760, would indicate the end of the correction and signal the potential for a new ATH.
However, a daily close below 2740 would halt the bullish outlook and suggest caution moving forward.
NZDJPY - 2025 Plan. Make It Your Best Year Yet!Here we have the 2 Day chart for NZDJPY.
We've seen a massive impulse mid 2024. We are now in an ABC correction.
We are currently in wave B of the correction, subwave B. Expecting subwave C to complete wave B.
We're looking for a rejection of the fib zone and a drop of over 700pips.
Trade idea:
- Watch for rejection of fib zone
- Once rejection appears, enter with stops above the highs
- Targets: 86 (350pips), 83 (700pips)
Once we've completed this move down, we'll be looking for longs. We'll update this setup if there's enough engagement.
Goodluck and as always, trade safe!
XAUUSD Top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.