Just a lookLooking at a meme coin for fun. The main reason is for volatility, the 2nd would be that is coinebases meme and knowing, when people with power say 1 thing in twitter the coin can go flying. All publicity and very high risk.
Has potential to drop nearly 50% or more so be careful if you do enter
Just looking for now while XCN continues to fly
However it could be POPCATs price in the future just keep that in mind
Good luck and have fun with it
USD
Call it cup and handleI’m unsure why they names LCX LCX I’m sure it on google somewhere, but they should have just named the coin cup and handle because it’s clearly multiple cup and handle patterns.
The last push was nearly 350% push. I believe we will see a major use coming soon.
In the 15min. We’ve seen 3 tests to the Tom the the downward trend line once that break LCX will fly $0.289 will be the breaking point more or less.
Good luck and have fun with it.
SAFEMOON - Not so safe for the medium termIt looks as though there could be a fractal for SAFEMOON. Historiclally, we've seen rises like this but only to be dissapointed and for the trend to be reversed again. I've drawn out a blue line of what the most likely trajectory will occur. The only other alternative is that the upward trend will continue, buying action will surge and we will see a bursting through of the upper trend line and escape the channel. If it comes back within the channel momentarily, that's fine - but not if the volume dies down and we stay within. So, it doesn't look great for an investment and I wont be putting anyting into it. Follow for more.
GOLD FURTHER SELL OFF?! (UPDATE)Gold has pushed up extremely bullish today, so far 320 PIPS. It has stayed below the last ATH of $2,790 keeping the market structure valid so far. BUT, it has surpassed the important price point of $2,780 which makes market structure very difficult to navigate right now.
I'm waiting on the weekly candle closure to get a better idea of what Gold could possibly do next. The next few trading days should develop price action & make future direction more clear. Being patient right now.
Euro Rises to 1-Month High as ECB Decision NearsEuro Appreciates as ECB Decision Looms
The Euro has climbed to $1.05, its highest level in over a month, supported by a weaker U.S. dollar after President Trump softened his stance on universal tariffs and called for an immediate interest rate cut.
EUR/USD Technical Analysis
The pair is showing strong bullish momentum, having broken above the pivot level at 1.0470. Despite this, there is a chance of a short-term retest of the pivot level before the price pushes higher toward 1.0530 and 1.0605.
For a bearish reversal, the price must break and sustain below 1.0437 with a 4-hour candle close. If this occurs, the next downside targets will be 1.0367 and potentially 1.0288.
Trend Outlook
Bullish Trend: Above 1.0469
EURO - Price can exit from triangle and rise to $1.0520 pointsHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
Some time ago price started to decline in falling channel, where it declined from $1.0420 level to support line.
Then EUR rose a little and then fell lower than $1.0260 level to support line of channel, but soon bounced up.
After this, Euro broke $1.0260 level again and exited from channel, after which started to trades inside flat.
In flat, price some time traded and later made an upward impulse to $1.0420 level, exiting from flat and entering to triangle.
In triangle pattern, Euro made a correction to support line, but soon backed up and now trades near support area.
So, in my opinion, Euro can decline to support area, exit from triangle, and then start to move up to $1.0520
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Ondo first entryHere Ondo, it’s just looking like a good set up. It’s over the 200ema and holding support on the daily, as well as just now push over the 50% on RSI. We also see divergence.
Removed all profits from XCN waiting to see it more stable while we play with Ondo for a bit, let’s see what can happen, but it looks good so far.
We could see a push to $1.74 and then $2.15 before seeing what the market prints for us.
Good luck and have fun with it
Bullish bounce?WTI Oli (XTI/USD) is falling towards pivot which has been identified as a pullback support and could bounce to the 1st resistance which acts as a pullback resistance.
Pivot: 75.10
1st Support: 73.14
1st Resistance: 77.10
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EURUSD 24 Jan 2025 W4- Intraday Analysis - EU & US PMIThis is my Intraday analysis on EURUSD for 24 Jan 2025 W4 based on Smart Money Concept (SMC) which includes the following:
Market Sentiment
4H Chart Analysis
15m Chart Analysis
Market Sentiment
Nothing much changed in sentiment since Tramp inauguration, yesterday Trump ease the tone on tariffs which gave optimism in the market (Risk Off) and weakened the dollar across the board.
Dovish ECB Policy Expectations: Traders are anticipating a 25 basis point rate cut at each of the next four ECB policy meetings.
Economic Concerns: Subdued inflationary pressures and concerns over the Eurozone's economic outlook.
US Dollar Strength: Dollar appreciates following news that President Trump intends to review tariff policies.
4H Chart Analysis
1️⃣
🔹Swing Bullish
🔹INT Bullish
🔹Swing Continuation after BOS
2️⃣
🔹As expected, price created a bullish BOS as per the Daily/Weekly requirement for a pullback.
🔹Price didn’t mitigate any supply after the BOS so there is a high probability that we will continue up till we reach the 4H or Daily supply to initiate a BOS pullback phase (Can’t be ruled, we always have the expectation that a pullback will start at any time after any break of structure).
🔹Price mitigated the 4H demand within the 4H bullish INT structure and currently targeting the 4H Weak INT high.
3️⃣
🔹My expectations is set for price to continue bullish till we mitigate a 4H/Daily supply.
🔹Will be following the LTF to follow the expectation of bullish continuation while putting in consideration the probability of a bearish move for the bullish BOS pullback phase that can start anytime.
15m Chart Analysis
1️⃣
🔹Swing Bullish
🔹INT Bullish / ii Structure Bullish
🔹Swing Continuation
2️⃣
🔹After the Bullish BOS, price still holding bullish respecting the Bullish INT Structure.
🔹INT Structure Strong low liquidity swept and price mitigated the 4H demand zone to continue bullish.
🔹** 15m Swing is currently the 4H swing and I started mapping the ii Structure until I can reset my 15m Swing with a bigger price range.
3️⃣
🔹Currently ii Structure is bullish and we are in continuation phase to target the Weak INT High.
🔹Expectations is that price to continue bullish and to mitigate the 4H/Daily Supply zone to maybe initiate a pullback phase.
Bullish bounce off pullback support?USO/USD is falling towards the support level that aligns with the 161.8% Fibonacci extension and the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 75.03
Why we like it:
There is a pullback support level that aligns with the 161.8% Fibonacci extension and the 50% Fibonacci retracement.
Stop loss: 73.03
Why we like it:
There is an overlap support level that is slightly below the 61.8% Fibonacci retracement.
Take profit: 77.44
Why we like it:
There is an overlap resistance level.
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Heading into 61.8% Fibonacci resistance?XAG/USD is rising towards the resistance level which is an overlap resistance that aligns with the 61.8% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 30.64
Why we like it:
There is an overlap resistance level that aligns with the 61.8% Fibonacci retracement.
Stop loss: 30.91
Why we like it:
There is a pullback resistance level.
Take profit: 30.10
Why we like it:
There is a pullback support level.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Potential bearish drop?USD/JPY has reacted off the resistance level which is a pullback resistance that aligns with the 50% Fibonacci retracement and could drop from this level to our take profit.
Entry: 156.59
Why we like it:
There is a pullback resistance level that aligns with the 50% Fibonacci retracement.
Stop loss: 158.13
Why we like it:
There is a pullback resistance level.
Take profit: 154.74
Why we like it:
There is an overlap support level.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Bearish drop?USD/CHF is reacting off the resistance level which is an overlap resistance that aligns with the 38.2% Fibonacci retracement and could drop from this level to our take profit.
Entry: 0.9099
Why we like it:
There is an overlap resistance level that lines up with the 38.2% Fibonacci retracement.
Stop loss: 0.9152
Why we like it:
There is a pullback resistance level that is slightly below the 78.6% Fibonacci retracement.
Take profit: 0.9008
Why we like it:
There is an overlap support level that is slightly below the 38.2% Fibonacci retracement.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
USDJPY Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring USDJPY for a buying opportunity around 156.100 area, USDJPY was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 156.100 support and resistance zone.
Trade safe, Joe.
GOLD FURTHER SELL OFF?! (UPDATE)Gold has successfully climbed up towards our 'Option 2' price zone & sellers have been rejecting that zone nicely, pushing price back down.
However, $2,737 - $2,732 is a crucial zone for Gold. If buyers keep rejecting this zone, then there's a chance that price could start another bull run from this price & push upwards of $2,800+. Keeping a close eye here.
USDJPY - 4H Short Opportunities Amid DowntrendFollowing the sharp fall in FX:USDJPY after PPI and CPI news, we expect further downside, potentially reaching the middle or bottom of the channel. 📉
Each push-up could be a short entry opportunity. Even a strong rise below 158 might be a dead cat bounce and a better short entry point. Stay cautious and strategic! 🔻
The UpdateXCN has been a game changer this year. Being JP Morgan’s coin is also a benefit. Granted JP Morgan said he would fire anyone buying Bitcoin then was buying Bitcoin himself behind his employees backs.
Someone with monumental power is always a plus for any coin, we’ve seen when Trump came to make America great again and pushed Bitcoin above $100,000, we’ve seen XYO pump when finding out Elon Musk promoted it, along with meme coins.
The main take away from all of this is
XCNs price has a ATH of $0.18… if we’re trying to ride the wave we can see that in the
15 min— price is holding support on the 200EMA (break out of the triangle will be a good short term bull.
4 hour— RSI showing support near the 50% mark
Daily— completely overbought however price is increasing while volume is decreasing which is what we would call divergence.
However
We’ve seen a major increase in price over 300% and we’re only at a penny $0.01
If we’re holding this we can expect a minimum of $0.05 maximum over $0.18… those who held from the bottom such as myself have no issue buying more. Took out my saving for a house no one can afford these days unless your make over $100,000 a year and now it’s time to play with the massive gains we recieved this month 2x,5x,10x,18x our money.
Good luck everyone have fun with it.
Not FA
XAGUSD - Silver Awaiting Higher Numbers?!On the 4-hour timeframe, silver is above the EMA200 and EMA50 and is moving within its ascending channel. If the correction continues, we could see the channel bottom. A consolidation above $31 will provide us with a path for silver to rise to the supply zone, where we can sell with a risk-reward ratio.
South West Pinnacle Exploration Ltd JV has announced plans to commence exploration for copper, gold, and silver in Block 22B in Oman. The company has signed a concession agreement for this block, which is believed to hold significant potential for further mineral discoveries.
Despite some challenges, Hansen, Head of Commodity Strategy at Saxo Bank, holds a more optimistic view on silver due to its dual role as a monetary and industrial metal. He stated, “In 2024, increased industrial demand contributed to a physical deficit in the silver market. Sectors such as electronics and renewable energy, especially photovoltaic (solar) technologies, played a major role in driving this demand.”
Hansen predicts that steady industrial demand will keep silver in a supply deficit heading into 2025. This deficit could be further exacerbated by rising financial or “paper demand” through financial instruments like exchange-traded funds (ETFs). (“Paper demand” refers to financial transactions without physical backing, such as futures, options, or ETFs, as opposed to physical commodity purchases.)
Hansen also forecasts that silver will continue to outperform gold, expecting the gold-to-silver ratio to decline from the current level of 88 to around 75. His positive outlook on silver aligns with his broader perspective on the commodities market, where he sees greater potential for metals linked to the electrification of the global economy compared to those tied to construction.
He elaborated: “Among industrial metals, we maintain our long-term positive outlook on those that support the energy transition, particularly copper and aluminum. These metals are crucial for investments in power grids and the rapid expansion of renewable energy installations, including electric vehicles, solar panels, and wind turbines. On the other hand, we see limited potential for metals like iron ore and steel, which are heavily reliant on construction sector demand.”
Meanwhile, trade tensions between the United States and China, which escalated early in Trump’s presidency, appear to be easing. Many major companies, including Nike, Amazon, and Apple, stand to suffer significant losses if tariffs are increased. On the other hand, China has indicated that it is prepared to take retaliatory measures against any new tariffs, which could push Trump toward negotiation rather than confrontation.
In response to Trump’s threat of imposing new tariffs on Chinese goods, China’s Ministry of Commerce stated: “China is willing to work with the United States to promote the sustainable and healthy development of economic and trade relations.”
USDCHF - Looking for a Weaker Dollar?!The USDCHF pair is trading in its ascending channel on the 4-hour timeframe, between the EMA200 and EMA50. In case of a downward correction towards the demand zones, the next long positions in this pair with a good risk-reward ratio will be available for us.
Morgan Stanley Investment Bank anticipates that the Federal Reserve will keep interest rates unchanged at its January meeting but is expected to revise its assessment of labor market conditions. Jerome Powell, the Fed Chair, is likely to emphasize the reliance on data and prevailing uncertainties while keeping the option for a rate cut in March on the table.
Morgan Stanley analysts predict that the Fed may revise its description of the labor market from “cooling” to “stable.” This shift reflects recent employment data trends, which have demonstrated consistency over the past 6 to 9 months.
According to Morgan Stanley, Powell is expected to reiterate ongoing progress in reducing inflation, highlighting that monetary policy remains appropriately restrictive. Furthermore, the Fed is likely to delve deeper into balance sheet policies and may signal that the process of balance sheet reduction could soon conclude. Meanwhile, Sergio Ermotti, CEO of UBS, has warned that high government debt could lead to a major crisis.
Goldman Sachs, in its analysis of President Donald Trump’s inaugural policy statements, noted that his tariff policies appeared softer than initially expected and currently carry less priority than previously anticipated.
The firm also observed that Trump’s rhetoric regarding Mexico and Canada was more aggressive than projected. Goldman Sachs concluded that the likelihood of a global U.S. tariff on all import sectors this year has diminished, thereby reducing the risk of reigniting inflationary pressures.
David Solomon, CEO of Goldman Sachs, stated that as the new U.S. administration begins its term, the country’s economy appears to be in excellent shape. He also highlighted that key questions regarding tariffs pertain to their speed of implementation and targeted countries. Solomon remarked that tariffs would ultimately lead to a rebalancing of trade agreements over time and that trade policies would directly influence interest rate equilibrium.
On the other hand, Thomas Schlegel, the president of the Swiss National Bank, stated that the Swiss franc remains a safe haven asset in global markets, although trade disputes have adverse implications for Switzerland’s economy. He also emphasized that there is no current concern regarding inflation, which remains within the bank’s target range and aligned with cyclical forecasts. Schlegel further mentioned that the possibility of employing negative interest rates cannot be ruled out.