My Bitcoin 2024 top thesisI believe that we passed the inversion zone on december 18 and am monitoring volumes to confirm the top. this public chart was shared back in september.
Look for the 3x1 and 4x1 for possible topping dates
Chart Patterns
$UPS - what can Brown do for you?Downside channel, bearish overall flow and earnings is late January. I am tempted to give this a shot at 120p with risk being $127.50.
WALLSTREET L.
$OLLI bearish rising wedgeDoing some more homework here, NASDAQ:OLLI seems to be in a bearish rising wedge and broke out of it on the downside. Unusual flow I seen while doing my due diligence coming in sweeps and At Ask and Above Ask which indicates aggressive buying; looking to get in at any cost. I am seeing 100% Buys vs. Sells, flow is bearish sentiment, sweeps and roughly a total of $200K in premium. The stock jumped off earnings with revenue missing by over a 1% but earnings was below 1%. The dates here are Jan. 17th, 2025 and a Feb. 21st, 2025. I will be giving these a shot for a small bargain. Will update.
WSL
Superintelligence allianceThe chart is not looking super good though. FET will likely form a double top reaching a new ATH at 4$ but that may not last long. The long term pattern is bearish. Be extra cautious and DYOR.
$WMT look at my receipt, make sure I checked out; inverse C & HUm, NYSE:WMT up 30%+ for what? Bearish flow, I think this gets a healthy pullback. $85p for leaps could be a nice executing play. Possible inverse cup and handle playing out here. Not much indication on further upside, in my opinion.
WSL
A dangerous investment?You can see the previous chart and the massive dump after that. A similar pattern is formed again but seems like it had a breakout, however the breakout might be fake and this current pattern can be a reversal one. But on the other hand, it also seems like a cup is being formed. You may want to wait. If we see the price back to the bearish pattern you should be extra cautious, but if the price reaches the previous high we can enter after the handle is formed around 3$ can be reached before a bullish move. But if the first scenario plays out FTT will reach a new ATL.
*Chart is inverted
EURGBP - IT A SELL !!Please follow the targets.xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
BTC Approaching Support at 91-93KAs can be seen in the BTC USD weekly chart, BTC is approaching support at 91-93K. If this support is respected, it might bounce and continue the uptrend from here.
Tectum on it's way to 5 B Market Cap and a price of 567$ in 2025There are many reasons MEXC:TETUSDT is gonna reach 500+ $ in 2025.
Here you see one of them. Chartwise it would be plausible to reach a Mcap of 5b+.
AUD_CHF WILL GO DOWN|SHORT|
✅AUD_CHF keeps falling in
A downtrend and the pair is
Consolidating below the
Key horizontal level of 0.5620
So we are bearish biased and
We will be expecting a
Further bearish move down
SHORT🔥
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NVDA Possible Outlook for next week So this is a major stock that a lot of people pay attention to. I bought some shares around 106.00 & looking for another opportunity again. Here is what I'm seeing on the chart
Opening Range (1hr) & Volume Profile for New York zone Opening range - wait until one hour range gets established. Then watch to see if trend continues outside of box or reverse to come back into the box.
Volume Profile
Pay attention to today's Value High, Value Low, POC as well as yesterday's VH, VL & POC.
ADA/BTC will it dip or..ADA looks primed to rebound against BTC and resume it's alt season run. Watch for one more liquidity grab right before OR right after the breakout to the upside. NFA God Speed
Bearish Head & Shoulders Pattern Looms On BTCThe price of bitcoin is dangerously close to the neckline of the head and shoulders pattern.
Will it find support and work its' way higher? It's already trading below the 20 and 50 day moving averages, and the 200 day is a long way away, so it won't find support there.
Or will it continue down through the neckline and set up an new base below this one?
I have no idea, and anyone telling you that they do is a liar. But if you're buying here be careful.
NVDA recently had a very similar set-up. I bought it as it turned back up, after I believed it had found support below the 20 and the 50 day. So far that trade has worked out for me, but that doesn't mean that BTC will do the same.
$BA eyes in the sky.. Off lows in November 13th to 15th, NYSE:BA Boeing has soared 33% ($44) in 30 or so trading days. Off recent news this weekend, 12/28-12/29, three planes crashed which two were Boeing made and all had deaths from said crashes. Seeming how this stock has risen intensely and quickly I think this could be a good spot to short it within 30 days or so expiration. It may be down in premarket tomorrow, 12/30, I'm hoping I can get a piece of the action. Short term puts here and a possible long for 2025. Bullish momentum for the last 3-4 weeks, RSI is over 65, it happened to drop from $200 zone into its lows in November. My price targets are $175 and $170.
WSL
$TOTAL - Bearish H&S on 15m The rest of 2024 looks to be bearish for the crypto market. Keeping a close eye on the 0.786 Fib retracement (3.07TUSD). This level is the neckline of a larger H&S formation on the 4h chart.
If the level holds, we are looking at a double bottom and bullish price action should follow.
If the price breaks and falls, there is potential for a 15% - 30% further decline (2.6 - 2.2TUSD).
BTC rangingHi
BTC range idea. Please check idea before execution. TP at shown levels. +ve/-ve Feedback Welcome. ty
Nyan Heroes back to the bottom supportNYAN is again back at the bottom of the range, testing the support area. This zone has the best risk-to-reward ratio, and it improves as the price gets closer to invalidation. As momentum continues to get oversold, assume that DCA opportunities will come around.
$ASND Analysis and Prediction for Ascendis Pharma A/SChart Overview:
Instrument: Ascendis Pharma A/S (ASND)
Timeframe: 1-Hour Chart
Key Features:
Dark Pool Level: Highlighted at $140 (critical resistance).
Pivot Resistance: R1 ($141.91) as a significant resistance level.
Support Levels: S1 ($130.43), MY TGT ($127.07), and S2 ($124.47).
Trendlines:
Green ascending trendline providing support.
Price approaching a wedge structure, tightening between resistance and support.
Volume: Recent increases in volume, particularly on dips, indicate potential accumulation.
Key Observations:
Resistance at $140 and $141.91:
The price has faced multiple rejections around the $140-$141.91 zone, forming a strong resistance.
These rejections are marked by lower highs, signaling seller strength at these levels.
Support at $135.85 and $130.43:
The $135.85 pivot level aligns with the ascending green trendline, acting as immediate support.
A breakdown below this level could lead to a move toward $130.43 (S1 support), followed by $127.07.
Ascending Wedge:
The price is tightening within an ascending wedge pattern, with the upper bound at $140 and the lower bound following the green trendline.
This setup suggests an imminent breakout or breakdown.
Volume Analysis:
Increasing volume on support bounces shows potential buyer interest.
However, lack of volume during rallies toward resistance ($140) indicates hesitation to push higher.
Trading Scenarios:
Scenario 1: Bullish Breakout:
Entry:
Go long above $140 with confirmation (strong candle close above resistance and increased volume).
Targets:
Target 1: $141.91 (R1 resistance).
Target 2: $144-$145 (psychological resistance and potential Fibonacci extension).
Stop Loss:
Below $135.85, invalidating the breakout.
Scenario 2: Bearish Breakdown:
Entry:
Go short below $135.85, confirmed by a breakdown of the ascending green trendline and volume spike.
Targets:
Target 1: $130.43 (S1 support).
Target 2: $127.07 (MY TGT and stronger support zone).
Target 3: $124.47 (S2 support).
Stop Loss:
Above $140, invalidating the bearish thesis.
Risk Management:
Use a 1:3 risk-to-reward ratio to ensure profitable trades.
Adjust position sizes according to individual risk tolerance.
Volume Consideration:
A volume spike at key levels (breakout above $140 or breakdown below $135.85) will validate directional moves.
Weak volume during consolidation increases the likelihood of a false breakout or breakdown.
Summary:
The current chart setup for ASND suggests a critical decision point. The ascending wedge pattern indicates tightening price action, with resistance at $140-$141.91 and support around $135.85-$130.43. A breakout or breakdown from this zone will determine the next significant move. Traders should monitor volume and price action closely for confirmation.
BTC HEAD&SHOULDER Key Observations
1. Head and Shoulders Pattern:
A clear head and shoulders formation is identified, with the left shoulder, head, and right shoulder well-defined.
The neckline is slightly sloping and serves as a key support level. A breakdown below this line would confirm the bearish pattern.
2. Measured Move:
The measured move is calculated by taking the distance between the head and the neckline and projecting it downward. This aligns with a major support zone below the neckline and suggests further downside if confirmed.
3. Indicators:
RSI: Currently below the midline, indicating weakening bullish momentum and leaning bearish.
OBV (On-Balance Volume): Trending downward, signaling reduced accumulation and fading buying pressure.
Volume: No significant spikes near the neckline yet, meaning confirmation of a breakdown is still pending.
4. Fibonacci Levels:
The retracement levels suggest key support zones below the measured move target. A deeper correction could align with these levels if momentum accelerates.
Scenarios
Bullish:
A strong rebound from the neckline and a breakout above the nearest resistance level (right shoulder region) would invalidate the head and shoulders, paving the way for a continuation of the prior uptrend.
Bearish:
A confirmed breakdown below the neckline triggers the measured move, with price potentially heading toward the calculated target. A further breakdown beyond this level could align with deeper retracement zones.
Recommendation
Monitor the neckline closely for a breakout or breakdown.
Look for volume confirmation to validate the move. Lack of volume could indicate a false breakout/breakdown.
Use the measured move target for planning potential entries/exits and manage risk accordingly.
USD/ZAR BULLISH MOVE FORECASTThis Instrument is on the uptrend move, bulls have shown their super powers in place.... check for entries and exits in H4 and refine in H1. Thank you.
#202452 - priceactiontds - year end special - wti crude oilGood Evening and I hope you are well.
comment: Probably the most boring outlook to write. Oil has been in a triangle since 2023-09 and we will see a bigger breakout in 2025. To which side? Absolutely no idea. Oil has been stuck inside a 10% range for the past 10 weeks and it’s almost not possible that the range contracts further. We have nested triangles and the biggest of those can play out a couple of more weeks. It’s always possible that the pattern fails and market could just continue sideways for longer. Since I don’t have a crystal ball, I do not have an opinion on where this could break out. Market is in total balance around 69. I will continue to take this market level by level and play the given range. Since neither side has any arguments for their case, I won’t write a bull/bear case for this. If you don’t like trading ranges, just don’t trade this.
current market cycle: trading range (nested triangles on multiple time frames)
key levels for 2025: 65 - 75
short term: I won’t make up stuff. Market is as neutral as it gets. Clear support 66/67 and clear resistance 70.5 / 72.3
medium-long term: Nope to the nopedy nope. Go follow some macro schmackro dude who tells the world Oil will go to 100$ again because of *insert hypothetical macro event*.
current swing trade: None
