Trend Lines
BTC to 85K
I said to my members on December 9th that I had a wish (an unlikely one at that) that Bitcoin may have a retracement back to a large FVG at just over $85k . Then it hit its all time highs and I thought my idea was invalidated. After this week though, it may still be in play?
I am setting up some buy orders at $85k in case a wick hits that FVG support line.
$TOTAL Market Cap FUD Sell-Off 14% sell-off on Crypto CRYPTOCAP:TOTAL Market Cap in the past 24 hrs
If we don't reclaim support here, could have another ~8% down to go. If that happens, I expect it to happen swiftly with a V-shaped recovery
Get your bids in!
NO NEED TO PANIC
Santa Rally still on the table 🎅
BTCUSDT high sell pressure zone and strong resistances are aheadAs we said before we may have more 10% rise from 100K$ to the targets like 110K$ but soon we are looking for first phase of dump like red arrows mentioned on the chart and soon high volume Bear candles will dump market for a while.
DISCLAIMER: ((trade based on your own decision))
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XRP BULLISH - Retesting Support Before Moving Up On Weekly TFXRP recently ripped through multi-year resistance and is re-testing a major support level at the $2.00 level. This is perfectly normal and should be expected.
It looks like support is holding and XRP is going to bounce upwards. In this case, expect a move towards it's all-time high near the $3.30 area.
TP at $3.30 would be approximately a 50% move upwards from here!
Bitcoin BEARISH - BTC Strong Resistance On Weekly TFBitcoin has reached strong resistance on the weekly TF. The resistance line goes the whole way back to 2017. So it's very reliable. A strong move downwards is very likely!
Based on previous times this line was tested, Bitcoin could fall 50% or more. However, the 74000-75000 level looks like a good support level. This would be about a 30% drop which is still very significant.
I expect profit taking very soon and short sellers to come in. There could possibly even be global headline news to cause this drop.
Be very careful in buying near the tops. Trade with your brain and not emotions. This is only an idea and anything can happen, but it's a weekly chart and seems very reliable.
NASDAQFed's Hawkish Stance Sparks Fears ofSustained 4%Rate FloorMarkets Fear Fed's 4% Floor as Dollar Surges
While the Federal Reserve's "hawkish cut" on Thursday was widely anticipated, markets are now concerned that the 4% policy rate will act as a floor for the coming year, with no further easing expected until midyear or later.
Technical Analysis
The price dropped approximately 4.5% yesterday ahead of the Fed's rate decision. Today, the market corrected to the resistance level of 21,420, after which it is likely to drop back toward 21,215, particularly if it stabilizes below 21,420.
Stability below 21,420 will maintain a bearish trend, targeting 21,280 and 21,215.
A break below 21,215, confirmed by a 4-hour candle close, could push the price further down toward 20,990.
Key Levels
Pivot Point: 21420
Resistance Levels: 21530, 21620, 21770
Support Levels: 21290, 21215, 20990
Trend Outlook
Bearish Momentum: Likely to persist with stability below 21,420.
Bullish Momentum: Possible if stability above 21,420 is achieved.
LTC long termLike the other Alts just some moon. however some shake outs are always in play. Marcetcap will correct. If marketcap is the same at doge now 750 USD for LTC is atleast possible. Dips will be caused by some fud. Bad exchanges some troubles with law things maybe war... there is always something. then the rally up in January. Will be short but if it wont push it will stay there for a week or so. then corrects back to 50 EMA on 4 hour. people scream crypto ded blabla. Some wierd Red moon blue moon stuff will come out. and in march we get the pump. enjoy the ride.
AES Corporation - Short term view with strong supportSo first of all both price and indicators are confirming the downtrend.
Today NYSE:AES opened with a gap succeeding yesterday's equilibrium in price with doji candles.
The price is still in the middle of the regression line and in the next few days the price don't seems to be close to upper 2 SD.
In the print above the yellow line shows the support at $11.43. The image's time horizon starts at the end of 2006.
Furthermore looking at short ratio available online the value is about 2,7 from mid October as well as more than 22M short interest
Lupin - A Value stock at Monthly breakoutLarge Cap
Double digit ROE, ROCE
PE ~= Industry PE
Piotroski = 8
PEG Ratio < 2
PE in Buy Zone
FII and DII presence
Technically,
Monthly: The price is retesting the monthly breakout.
Weekly: Flag and pole pattern
Daily and 4H Time frame: Price breaking the Trendline.
CCI (26) finally crossing above 100
**Not a buy/sell recommendation, only analysis.
Focus Shifts to Greenback and the 10-year TreasuryThe Federal Reserve triggered violent drops in stocks yesterday and two key charts could be attempting important breakouts.
We first consider the U.S. Dollar Index with weekly candles. There’s a falling trendline along the peaks of October 2023 and late April. DXY rallied through that resistance and turned it into support earlier this month. That may be consistent with an uptrend.
Second, DXY has advanced in 11 of the last 12 weeks. That could also suggest direction is accelerating higher.
Third, some traders may now eye the October 2022 high around 114 as the next key level.
Next is the 10-year Treasury Yield with 3-day candles (to clearly display almost 2 years of history):
A falling channel began in late 2023 at the same time stocks began their latest rally, but TNX didn’t reach the lower end of the channel. That was the first sign that yields might still be rising.
TNX also failed to reach its March 2023 low and refused to stay below its December 2023 low.
The index dipped last month but held its mid-July low above 4 percent.
Next comes the historically important long-term peak of 4.34 percent from the start of the Global Financial Crisis. After that, TNX closed above its November daily high.
Each of those points additionally suggest that that yields are moving higher. They also shift attention to the next big level near 5 percent from October 2022.
Given the importance of DXY and TNX for risk appetite, some traders may find potentially useful intermarket signals on their charts.
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Ethereum Fibonacci Strategy SetupThis ethereum setup I use is on the 15 minute chart. The signals are SMA crossovers of the 13/55. And the moving average plots are using Golden Ratio numbers to forecast near term price movements. Lastly I use a sessions indicator to show the New York & Tokyo sessions. As well as a tick value indicator to show me how much the tick value of
the futures contract for Ethereum.
Crossover Signals:
Long - SMA 13 > SMA 55
Short - SMA 13 < SMA 55
Golden Ratio Plots (SMA):
111 - White
233 - Red
610 - Green
Timeframe:
15 minute