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Wave Analysis

$BTC recoveringMARKETSCOM:BITCOIN has recovered nicely. For now I think it is especially important that we really break the upcoming suply zone and retest it at the latest. In that case we are back in the trend and we have completely completed our correction. For now it looks good, but I remain slightly skeptical. Especially with a possible government shutdown. Although I just read the latest news that this will not happen. Hopefully this will bring some more certainty back to the market and that we will have a nice Christmas run in return. For now the supply has to become a demand sin and we are back on the right side. Be kind to the world and each other!
BINANCE:BTCUSDLong
by RidgerR
Gold (XAUUSD) Potential Rebound from Support - Buy SetupAnalysis: Support Zone: Price is currently testing the lower support trendline of the ascending channel (around 2,636 USD). This level has acted as strong support previously, making it a potential rebound point. Moving Averages (EMA 50 and EMA 200): Price is below both the 50 EMA (orange) and the 200 EMA (green), suggesting a short-term bearish trend. However, a bounce from support could push price back to test these levels as resistance. RSI Indicator: The 7-period RSI is at 29.52, indicating oversold conditions. This suggests a possible reversal or price rebound in the near term. Trade Setup: Entry (Buy): Enter near 2,636 - 2,640 USD if price shows a bullish reaction (e.g., bullish candle or reversal signal). Take Profit Targets: TP1: 2,665 USD (near 50 EMA). TP2: 2,678 - 2,680 USD (near 200 EMA). TP3: 2,733 USD (upper channel resistance). Stop Loss: Place a stop loss below the ascending channel support at 2,615 USD to limit risk. 📊 "Trade what you see, not what you think!" Good luck, and manage your risk wisely! 🚀 OANDA:XAUUSD
OANDA:XAUUSDLong
by tradingdxy85
Bitcoin: Double Zigzag and a Potential Bullish Breakout?Currently, I am marking Bitcoin’s movement as a correction in the form of a double Zigzag (WXY). However, Bitcoin often exhibits the ability to extend waves without altering the broader structure...and we can fall further down. The bullish scenario will take precedence if the price breaks above Wave X at 102,740. That is, of course, unless the market transitions into a larger triangle pattern, which could extend the corrective phase for a while longer.
by The_Traders_Memoirs
VELO While the market is currently experiencing a correction, I believe Velo will reach the 4 cent mark and potentially go even higher. However, my end goal for Velo, and generally for my entire portfolio, is to sell and rotate into existing assets if Velo hits above 15 cents while other assets remain stagnant. I have a rule that I usually adhere to: my 100% is typically 80%, with the remaining 20% reserved for unexpected gains beyond my expectations. Regarding the broader market cycle, I have concerns that this cycle might mirror 2017. Back then, BTC reached an all-time high (ATH) and shortly after, in December 2017, altcoins surged dramatically through January 2018. I feel this way for two reasons: BTC is at an ATH similar to 2017. Trump has stated his objective to have a BTC reserve of 1 million. Do you think they will buy the majority of the 1 million at the current price, or will they tank the market, which is already at a peak in many sectors?
by ShadowDNA
EUR /USD 4hr bearish wave FX:EURUSD 4-hour chart suggests that we are currently in a bearish wave pattern, which is expected to persist into early next week. The progression is as follows: • The first wave has already started and is targeting the 1.04678 range (2nd wave). • A deeper decline is anticipated for the 3rd wave, reaching around 1.03123. • A corrective bounce may occur in the 4th wave, retracing to approximately 1.04168. • The final bearish push, the 5th wave, is projected to reach around 1.02164. This wave structure aligns with continued downside momentum, with corrective pullbacks likely along the way.
Short
by kenbol
DAX // The last one of 2024Dear Traders, This is the last one this year. I want to have a break and detach from the charts for some time now. This is the time of love, family&friends. But this chart actually shows the market phases I define quite well!😀 Thanks for you support in the past couple of weeks, since I became actve here! @TradingView asks us wishes recently... My wish for you is: patience discipline balance focus & confidence And vast amount of pips in the piggy bank!💰 Merry Christmas, Happy Holidays!🎄 Peter from The Market Flow 🏄🏼‍♂️ P.S. you may want to check out some of my ideas to get familiar with the terminology I use. ——— 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! 👊🏼
PEPPERSTONE:GER40
by TheMarketFlow
Square (SQ) Setup is Ready for its Christmas Rally [LONG]Google the Inverse head and shoulder pattern. It seem's clearly visible in SQ. Additionally, there seems to be a cup and handle pattern. This tea cup is looking primed for a Santa rally. The volume looks sound. Fundamentally, they are doing fine, the company has worked hard and made a notable name for themselves. The RSI is healthy just not oversold on the daily but in the shorter term looks oversold. I see no reason to not participate. Gooooo NYSE:SQ
NYSE:SQLong
by resurrector007
XRP LONG TO ATHs! Ripple XRPUSD RLUSD XRP is Bullish to $4 at the very minimum. We successfully completed our retrace down to $1.95 to the dot. Expecting that to be our final support area and to start seeing consolidation, and upwards momentum. Media hype hasn't started yet, BTC is losing market dominance similar to 2017 2018. We are on the verge of another Diamond Hands bull run. Make sure to take some profits when emotions are hitting super dopamine levels of euphoria. The final pump happens fast and retraces even faster. The volatility will be insane. Well keep tabs on this as the weeks go by. Good luck you beauties!
BITFINEX:XRPUSDLong
by Schploop
QRETAQurate Retail, Inc. engages in the business of video and online commerce industries. It operates through the following segments: QxH, QVC International and CBI. The QxH segment markets and sells a wide variety of consumer products in the U.S., primarily by means of its televised shopping programs and via the Internet through their websites and mobile applications. The QVC International segment markets and sells a wide variety of consumer products in several foreign countries, primarily by means of its televised shopping programs and via the Internet through its international websites and mobile applications. The CBI segment consists of a portfolio of aspirational home and apparel brands in the U.S. that sell merchandise through brick-and-mortar retail locations as well as via the Internet through their websites. The company was founded on March 28, 1991 and is headquartered in Englewood, CO. May get a dump sub .20 for the pump. For entertainment purposes
NASDAQ:QRTEA
by maverick1239
X Empire price has done something incredible !)💰 Something phenomenal has happened that hasn't been remembered for many years: NYSE:X #Empire altcoin has made +1750% in a week Whether it was the exchange's promotional campaign, #Trump's election victory+ his colleague #muskempire and everything directly or indirectly related to him are now “in chocolate” or all together, but God grant most altcoins to grow like this. Then we will feel the real taste of the alt-season The #X #marketcap has grown from 20 million to the current 300 million. We have two questions for you: Where will the OKX:XUSDT price go next: 🐳 along the blue route by $0.0014 or 💔 along the red route by $0.00014 (the difference is only 0 or 10 times ;) What other low-cap altcoins do you think will pump like this? You write your options in the comments, and we will analyze some of them and publishing ideas here _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
7
SLERF: Potential 800% RallyWe’ve experienced significant red weeks recently, but it seems the market just had a fakeout below the channel followed by a swift recovery. I believe we’ve bottomed out and that we could eventually hit the 4.236 Fib level. Notably, this aligns with the 1 Fib level if you project the high from March to the low in September. This double confluence could potentially result in approximately an 800% gain. Additionally, RSI is at a record low of 25 on the 8H timeframe, a level last seen during the August 5th yen carry trade crash. Meanwhile, the wave trend oscillator is at levels we last observed in April 2024. I’m setting my stop loss at 0.1380, with a 2% portfolio risk.
Long
by martinxi5u4