Prepare to BUY Spot FORTHUSDT on the D1 Cycle
🌟 Position Yourself for the Next Big Move with FORTHUSDT! 🌟
🌍 Market Overview:
FORTHUSDT is building strong bullish momentum on the D1 timeframe, presenting a promising opportunity for significant gains in the upcoming cycle.
📊 Trade Plan:
📌 Entry: $5.3 - $6 – Key accumulation range for a high-reward setup.
🎯 Target: x2 to x3 – Aiming for exponential returns as the trend develops.
⏳ Hold Time: Up to 2 weeks – A mid-term strategy aligning with the D1 cycle.
🔍 Strategy Insights:
Leveraging my custom indicator RainBow MG3, this setup has been flagged as a high-probability trade.
Current market dynamics and volume trends suggest potential for a strong breakout.
🚀 Next Steps:
💬 Reach out if you need additional guidance or insights into the strategy!
💡 Note: This is not financial advice. Always DYOR before making any trading decisions.
🔥 FORTHUSDT is gearing up for a major move – Are you ready to capitalize? 🔥
Wave Analysis
Bitcoin / USDT Analysis (BTC)Bitcoin / USDT Analysis (BTC)
Bitcoin is currently trading at $95,753.26, showing a corrective movement after reaching its previous highs. The chart suggests a potential retest at $92,283.01, which aligns with the 0.618 Fibonacci retracement level, a strong support zone. If this level holds, Bitcoin could resume its bullish trend toward the following targets:
Key Levels:
Support (Retest Zone): $92,283.01.
Target 1 (T1): $104,836.84.
Target 2 (T2): $111,253.46.
Target 3 (T3): $118,225.37.
Nightly $SPX / $SPY Predictions for 12.23.2024🔮
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#trading #stock #stockmarket #today #daytrading #swingtrading #charting
GOLD BEARS ARE STRONG HERE|SHORT
Hello, Friends!
GOLD pair is in the downtrend because previous week’s candle is red, while the price is obviously rising on the 2H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 2,606.670 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.
✅LIKE AND COMMENT MY IDEAS✅
End of the Bitcoin JourneyAfter not posting for a long time, I finally returned to analyzing the market, namely the Bitcoin market. From the chart here we can see the end of Eliotte, namely stage 5 in the 1 week time frame, which means what? That's right, we are at the end of the Bitcoin bullrun.
OK, I will explain a little about the chart that I made;
First, Bitcoin at the end of this year will reach its highest point at $109k-$119k then will fall slowly but still in the $100k area.
Second, Bitcoin will experience a fairly large decline to $60k- FWB:65K , why is that happening? as Bitcoin has a CME Bitcoin GAP in the $80k-$78k area.
Third, Bitcoin will experience a very large decline in March-April 2025, namely it will touch a price of $43k-$45k, why is that happening? because Bitcoin is currently forming a pattern, namely Head and Shoulders, with a low position between $43k-$48k.
What is next? OK, in my opinion, Bitcoin will hit $100k again in 2027, If;
1. Bitcoin support is strong in the $43k area
2. There is no Global Crisis.
If either happens then Bitcoin will hit $10k again. How is that possible? Yep, we forgot something, namely the CME Bitcoin GAP which is in the $9.8k area.
Maybe this is all I can say, and maybe I'll come back a few months from now.
If you find my explanation useful, don't forget to leave a donation in my Binance account with ID: 36103837 to support my idea. I'll just end it here and say thank you.
EURUSD SELL ZONEEURUSD SELL ZONE 🔻
📍 Resistance Rejection: 1.05275
🔹 Price formed lower highs and is showing bearish pressure.
🔹 Targeting key support zones:
1st Target: 1.04825
2nd Target: 1.04500
Trade Confirmation:
🔸 Watch for strong bearish momentum continuation.
🔸 Entry Trigger: Break of the local trendline and structure support.
💡 Note: Manage risk carefully with stop-loss above 1.05275.
Another drop for gold?Hi traders,
Last week XAUUSD made a very small correction up, dropped and took the liquidity under the lows. After it came into the Daily Balanced price range (BPR), it made a correction up into the higher Daily FVG.
Next week we could see price go lower again from here to finish the (orange) A-B-C Zigzag correction.
Let's see what price does and react.
Trade idea: Wait for a change in orderflow to bearish to trade shorts.
If you want to see more from my analysis, please make sure to follow me, give a boost and respectful comment.
This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide trade signals.
Don't be emotional, just trade!
Eduwave
Gold price trend analysisGold daily line maintains a short structure, and the continued rise of the US dollar index has a certain negative impact on the gold and silver markets. The daily line closed with a long upper shadow and a small positive, and the short-term chart four-hour roller coaster price continued to move down along the high and low points of the MA10-day moving average, and the price continued to run along the middle and lower tracks of the Bollinger Bands. The hourly chart Bollinger Bands opened downward, and the RSI indicator ran below the middle axis. Today's trading ideas remain unchanged, mainly rebounding high and high, and low-multiple short-term auxiliary.
Gold 1-hour moving average is still short-term divergent arrangement, without any signs of turning, and there is still room for gold to go down. Gold did not stand firm at 2600 to close, and continued to sell at highs below 2613 today!
First support: 2582, second support: 2572, third support: 2563
First resistance: 2605, second resistance: 2613, third resistance: 2628
Trading strategy:
BUY:2583-2585
SELL:2611-2613
#202451 - priceactiontds - year end special - gold futuresGood Evening and I hope you are well.
comment: I know it’s an ugly chart, bear with me.
Gold spent 2020 - 2024 inside a 570 point range and started the recent bull trend with the breakout in 2024-03. Since then Gold has made 30%, which is more than unusual to say the least. From 2018 to 2020 it made 50% but only because it lost 36% from 2011 to 2018.
Market is much less obvious on higher time frames than I’d like. Both sides have reasonable arguments going for them. For bulls it’s that the bull trend is ongoing while bears could see the leg down from 2826 down to 2566 as the first in the new bear trend. Bulls would like a third leg up which could lead to 3000. Both are valid and that is why it’s most likely that the market will move sideways rather than trend big time to either direction. My favorite path forward would be a trend down to 2300 and then sideways inside a big range 2300 - 2600.
current market cycle: Bull trend is ongoing until bears can close consecutive weekly bars below the 20ema, which is at 2640 right now. Could the new bear trend have started with W1 from 2826 down to 2566? Yes. Both can be valid at the same time.
key levels for 2025: 2500 - 3000 (if 2500 breaks, 2300 would be the next big target below)
bull case: Bulls want a W5 up to 3000. Easy as pie is that read and seeing it on the chart. Hard part, as always, is giving probabilities to it and as of now, I won’t make any. The market is in balance around 2650 and I would need prices above 2760 or below 2560 to have a stronger opinion about it. That’s short but all I have to write about it for now. Can’t make stuff up where there is none.
Invalidation is below 2500.
bear case: Bears see the move down from the ath as a W1 of the new bear trend which could lead down to my biggest bear goal for 2025 at 2200ish. Here are the big bear targets in order. First is the 50% retracement of the recent bull trend at 2500. It’s also the breakout price from the W1 high and the old ath from 2011-08. Second bigger target would be 2300 which is a measured move down from the bearish W1 from the ath, the 2023-05 high (breakout-retest) and it would close the big bull gap the market left behind. Third and final target, which is the most unreasonable one for now, is 2200 which is the 50% retracement from the whole bull trend since 2018.
Invalidation is above 3050.
short term: Neutral. Lower highs and higher lows. Market is in a triangle again and in balance around 2650.
medium-long term: Will only give one above 2760 or below 2560.
current swing trade: None
BTC POSSIBLE BUYThe market is currently testing the current Weekly Support area. Based on Daily TF, there is a hammer candle close. On the 4HR TF, the market seems to be forming a possible reversal pattern.
We could see BUYERS coming in strong should the current level hold.
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.
BTC Price Prediction and Elliott Wave AnalysisHello friends,
Thank you for joining me in my analysis. We reached to another low and reversing at 0.7 Fib retracement with a small frames sign But my confirmation will be after breaking out to the 64500 level to continue for Red wave X Or we will watch ending the white wave (1). See you soon!
Thanks, Bros
#202451 - priceactiontds - year end special - sp500 e-miniGood Evening and I hope you are well.
comment: For the sp500 the start of the bull trend is a bit less clear as for dax. My take is that it started with the 2023-10 low and before that was still the big trading range the main pattern. Does it matter if my wave thesis is off for W1 or where W4 ended? I don’t think it does. My targets (obvious magnets) would still be the same. We have a bull trend that went up a pretty perfect measured move from the Covid low to the 2023-10 low. This will be my biggest target for 2025. We then have a perfect magnet down to the previous ath from 2022-01 at 5300, which is the 50% retracement of the bull trend from 2023-10 to the ath. 5300 will be the first and most important target for the bears in the medium-term. Depending on how we get there, we can estimate on if and how we could get down to 4400. As of now, it is unlikely that we will see 4400 in 2025. Something bigger has to happen and markets need to change drastically. A liquidity event would certainly help.
current market cycle: Bull trend from 2023-10 has likely ended already and we are transitioning into a trading range or new bear trend. By the end of January we will know for sure what it will be.
key levels for 2025: 5000 - 6200
bull case: Since the bigger western indexes are highly correlated, many arguments for them are the same. Past two years gave the bulls 55+% in gains while the biggest pull-back was 10% in 2024-08. The bulls have made money buying the weekly 20ema for a year and they don’t want to stop because this time it surely is different and valuations are boomer metrics for poor people who did not get in on the latest fartcoin pump. I don’t have anything more to say in this section.
Invalidation is below 4400. Below that price, an event has happened or is happening. For now it’s unreasonable to ever think this market could see prices below 4000 again.
bear case: Long ongoing climactic bull trend and every new high got smaller. Bears know the bulls have to take profit at some point, especially after a prolonged period without pull-backs. Once the profit taking get’s going, this will accelerate downwards to find bigger support. The first target for the bears is a daily close below 5900 and then a test of the nearest bull trend line around 5800. We can only expect more sideways once we get there. When bears finally break it, 5500 is the next obvious magnet and we then have only one more big bull trend line left, which is the one from the Covid lows. As mentioned above, the 50% retracement for this trend is as perfect as it get’s the previous ath near 5300 and for now this will be my biggest target to hit in 2025. Again, depending on how we get there, we can either estimate lower targets or expect the market to move sideways in a bigger range.
Invalidation is above 6300.
short term: Same argument for year end rally as for dax. Highest I can see this going for 6250 (give or take) and then we will test the first bull trend line around 5800 over the next weeks. 5500 in Q1 is my estimate as of now.
medium-long term: Ultimately 5200-5300 in 2025. Again, rough guess as of now and since we have not seen a strong first bear leg, these targets are the lowest I am willing to give an honest outlook about. If bears surprise and we see a huge leg down to 5500, we will go much lower for the second and third leg.
current swing trade: None but same argument as for dax. Short ETF until we hit 5300 is reasonable.
A small move up and a drop for BitcoinHi traders,
Last week Bitcoin made a new ATH and dropped. Now wave 5 could be finished and we could see a bigger correction down.
Wait for price come into the higher Daily FVG. From there it could drop to the lower Weekly FVG.
Let's see what the market does and react.
Trade idea: Wait for price come into the higher Daily FVG and make a change in orderflow to bearish,
After that you could trade shorts.
If you want to learn more about trading ICT concepts with wave analysis, please make sure to follow me, give a boost or respectful comment.
This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide trade signals.
Don't be emotional, just trade!
Eduwave
ETHEREUM (ETH) // The daily structure broke with one impulse, and the correction of this impulse couldn't change to a primary trend expansion.
Yet...
This is the daily chart with the structure break:
If is stays like this (so, the new daily impulse base will stand), and the waves start to build south, the short countertrend's expansion phase will be a nice opportunity to ride the corrective impulse down to the correction fibo 38.2.
If this daily impulse base is taken back by the buyers (on the daily), the primary long trend resumes.
———
We may not know what will happen, but we can prepare ourselves to respond effectively to whatever unfolds.
Stay grounded, stay present. 🏄🏼♂️
Your comments and support are appreciated! 👊🏼