MSTR: preparing for a swing-short Until price is bellow 430, i am assuming the line of least resistance is to the downside with an ideal targets in: 277-231 area.
Successful trading to everyone and thank you for your attention!
Fibonacci
Long Term eth, expected Cycle Top September 2025, sell: 9k, 17kI like to review my expectations after months-years so this is my update for ETH.
RIOT correction over or another low?My previous target under $10 never hit so still speculative of if the correction is over. My primary count has the correction over and C was not as long as I'd expected. My alt count has C just starting with a flat for W-B. It really just depends on if Dec 5th - 10th was 3 waves or 5 waves with a pretty short wave 4.
Either looking at the 12.1 - gap close around 11.8 or down to under 10, will depend on the structure as it comes down. Just not planning on catching a falling knife if a W-3 of C starts! Open to either, but end plan still the same!
Alikze »» LINK| Bullish Wave 3 or C Scenario🔍 Technical analysis: Bullish Wave 3 or C Scenario - 1D
📣 BINANCE:LINKUSDT currency on the daily timeframe touched its targets in accordance with the analysis presented earlier, the scenario of the first of 3 bullish waves.
🟢 Chainlink touched its target after breaking out of the short-term descending channel.
🟢 It is currently in the supply zone on the daily and weekly timeframes.
💎Given the bullish momentum, this bullish leg, after breaking the supply zone, will have the ability to grow to the large supply zone of $60-$100.
💎In the first step after breaking the supply zone, the target will be $38 and $55.
»»»«««»»»«««»»»«««
Please support this idea 💡 with a LIKE 👍 and COMMENT 💬 if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email 📧 in the future.
Thanks for your continued support.🙏
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
$NYSE:RDW Appears to be at the end of a Cup and Handle patternNYSE:RDW Appears to have formed a cup pattern over the past couple of years. We're now at the point where the handle may be forming.
Optimistically, this shows a bowl depth of $10 - $12 which puts the price target at $25 - $27.
$NYSE:QBTS Consolidating between $4 and $5NYSE:QBTS appears to be consolidating between $4 and $5 a share. Lots of buzz right now in the quantum computing space. D-wave has been in the headlines quite a bit along with NASDAQ:NVDA and NASDAQ:RGTI These stocks are generating a staggering amount of daily volume. Which is great when attracting the FOMO crowd!
Looking for a breakout after this closes above the recent highs of $5.38 (with relatively higher volume). If it misses the breakout then I suspect we're in for another cycle of down/up oscillation.
Primary support is at ~$4.15 with the secondary major support at ~$2.77
secondary.
If this bounces down prior to a breakout, there will probably be opportunities to buy on a dip probably in the $4.20 - $4.60 range.
As with anything with a lot of volatility, hang on to your seats!
BTC UP ONLYBTC to $131,000 - $139,500!
Bitcoin looks fantastic on the DFR Monthly. Bitcoin will stay bullish for a while. I don't see anything here that's gonna stop it yet.
Indicator used: Dynamic Fib Retracement (Golden Pocket) .
USDJPY Wave Analysis 13 December 2024
- USDJPY reversed from support zone
- Likely to rise to resistance level 156.35
USDJPY currency pair recently reversed up from the support zone located between the key support level 149.20 (former low of wave ii from the middle of October), lower daily Bollinger Band and the 38.2% Fibonacci correction of the upward impulse (1) from September.
The upward reversal from the support zone started the active intermediate impulse wave (1).
Given the clear daily uptrend, USDJPY currency pair can be expected to rise further to the next resistance level 156.35, top of the previous impulse wave (1).
NVDA: Short-Term Bullish SetupNVDA is holding strong above its key support at $131.97 📉(drawn green line), signaling potential for a bullish move 📈. A short call position here could be profitable, with a stop-loss at $131.30 to manage risk.
🔑 Key Levels to Watch:
🔵 $135.50 Retest: A breakout above this level confirms bullish momentum.
🎯 Target Range: $139 - $141.50 after a clean break of $135.50.
💡 Pro Tip: Stay disciplined with stop-losses and watch for sustained volume above the breakout level for the best entries.
Let’s ride the wave 🌊—smart risk management is the key to success! 💼📊
EURJPY : Cluster Resistance Aligns with Bearish ContinuationWelcome back! Let me know your thoughts in the comments!
** EURJPY Analysis !
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support! Welcome back! Let me know your thoughts in the comments!
US30 Buy Or Sell Depending of Price ActionKey Observations:
Downtrend and Fibonacci Retracement:
The chart is in a clear downtrend, indicated by lower highs and lower lows.
A Fibonacci retracement tool is applied to the recent downtrend. The price appears to have retraced to the 50% level (44,062.63) and faced resistance, failing to break above the 61.8% level (44,299.10).
Bollinger Bands:
The price is testing the lower Bollinger Band, which could indicate oversold conditions in the short term.
A potential bounce back to the mean (middle Bollinger Band) could occur unless there’s continued bearish momentum.
Key Levels:
Support Level: Around the 0.382 Fibonacci level (43,828.18), which is acting as a current support.
Resistance Zone: Between the 50% (44,062.63) and 61.8% (44,299.10) Fibonacci levels.
The price is also far from the major resistance level at 44,460.85.
RSI (Relative Strength Index):
RSI appears to be near the oversold region (below 30), suggesting a potential reversal or relief rally in the short term.
MACD:
The MACD histogram is showing bearish momentum, but the bars are becoming smaller, hinting at a possible loss of selling pressure.
Possible Scenarios:
Bullish Case (Relief Rally):
If the price holds above the 0.382 Fibonacci support level (43,828.18), it could bounce back to retest the middle Bollinger Band and possibly the 44,062.63 level.
A break above 44,062.63 could target the 61.8% level (44,299.10).
Bearish Case (Continuation):
If the price breaks below 43,828.18, further downside could target the next major support, likely below 43,700.
The continuation of bearish momentum is supported by the MACD still being below the signal line.
Recommendation:
Short-Term Traders:
Watch for a reaction at the current support level. If the RSI starts to rise and the price bounces off the Bollinger Band, a short-term buy may be possible.
Trend Traders:
Wait for confirmation of a break below the 0.382 level or a rejection at the 50% retracement to follow the downtrend.
Risk Management:
Use stop losses, especially near the Fibonacci levels, as they act as pivot zones. Do not risk more than 1% of your account per trade.
SPY Bouncing in the Golden ZoneAMEX:SPY has pulled back to the most recent GZ. Looking for a bounce and continuation if it stays in/above this zone.
Wester Union Stock Qoute | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Wester Union
- Double Formation
* A+ Set Up At 13.00 USD
* 012345 | Wave (1) & (2) | Downtrend Principle | Subdivision 1
- Triple Formation
* Neckline At 11.25 USD
* Flag structure | 10.20 USD | Entry Condition | Subdivision 2
* Top / Bottom Structure | Reversed | Support Current Trend | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Sell
GBPUSD set to continue downtrend after correction!The price has unsuccessfully completed its second attempt to break through zone of interest and resistance producing a second bounce, supported by an important Fibonacci level. Candlestick formation indicating a potential trend reversal.
Time Frame: daily
Idea support:
- Price action
- Volume Analysis
- Trend analysis
GBPUSD BUY IDEADear friends and followers,
I present to you my humble GBPUSD BUY projection with the trend line breakout expectations in next week, giving obvious view for GBPUSD to start full bullish move in January 2025,
Keep eyes on marker as DXY is expect to start bearish move soon...
Good luck
OLUMIGHTYFX ACADEMY NIGERIA
GOLD Speculative Sell - Correction AnticipationDon't forget to check my previous analysis. Afer gold edges up to 2,05% since break out from wide sideways range, finally it's close to resistance area in 2719-2722. Technically, i see classical resistance which it's a LH from D1 chart. It's a invalid seller to hold short position for a longer time. Seller must be exit from market if this level broke up. I also see fibonacci 1.618 in 2719-2722 and we know it's a strong fibbo level that can cause a correction movement. If this area become a strong resistance i anticipate to take a short position and use 2695-2705 as a profit target.
Disclaimer ON! DYOR and always put your SL level to prevent bigger risk to your account. Thankyou
GOLD → False breakout and negative fundamental backgroundFX:XAUUSD is correcting after a false breakout of resistance. This is also supported by negative fundamentals. Will there be a pullback or will the decline continue?
Optimism over China's economic stimulus is waning amid growing fears of a trade war between the US and China. Expectations of a hawkish Fed interest rate next week helped boost the US dollar, leading to a corrective decline in the gold price.Markets now believe the Fed may send a hawkish signal by signaling a pause in January after PPI came in higher than expected
Technically gold is still inside the channel, consolidation continues. Focus on 2658-2660 support, below which there is a huge pool of liquidity that may not let the price down on the first try
Resistance levels: 2675, 2682, 2699
Support levels: 2658, 2636
From the support 2658 may form a correction from which will depend on the further development of events: if the correction will be small and the price will quickly return to 2658, it will increase the chances of support breakout and further fall, for example, to 2636. But, if gold can consolidate above 2682 and consolidate above the local high, the price may head for a retest of the high
Regards R. Linda!
Imerys Stock Qoute| Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Imerys
- Double Formation
* 38.40 EUR | A+ Set Up | Subdivision 1
* 1)) Retracement Area At 34.50 EUR
- Triple Formation
* 26.00 EUR | Support Survey On Area | Subdivision 2
* Triple Top Pattern | Ranging | Subdivision 3
* ABC Flat | Behavioural Entry
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Neutral
Optimism OP price analysis#OP price has stopped before a strong mirror level of $2.85-3
📊 For confident growth to continue, the OKX:OPUSDT needs to consolidate above this mirror level.
1️⃣ Local target - $3.30
2️⃣ Medium-term - $4.20-4.30
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
Stablecoins are reversing - Crash targetsAs for Dogecoin there are 2 scenarios:
1) We have a deal with Triangle on a minor degree. In this scenario price unable to go much further than 0.302
2) We have a deal with primary Diagonal, in this scenario price may reach 0.177 before first reaction. But after this reaction fall may continue and update the 2022 low slightly.
#BTC #DOGE #USDT
USDCHF → Breakout of wedge resistance. CPI aheadFX:USDCHF is showing positive signs of willingness to continue the uptrend. The dollar is consolidating in the meantime in anticipation of CPI, which creates risks for us
The currency pair is testing the support at 0.877 as part of the correction. A false breakdown and a reversal pattern is formed, which indicates the end of the correction. The price updates the local lows, and on the 4-hour timeframe it enters the realization phase after breaking the wedge resistance.
The focus is on 0.882 - 0.8848. If the bulls keep the defense above this zone even after the news, the growth of the currency pair will continue in the future, as the key liquidity zones are still untested
Resistance levels: 0.8848, 0.8887
Support levels: 0.882, 0.880
CPI is ahead and traders are not yet ready to take active action prematurely. The report may form a medium-term potential. A break of 0.8848 will be the trigger for continued upside. But, the structure will be broken if the market breaks 0.876
Regards R. Linda!
BITCOIN - BTC/USD - 15 min. Technical analysis published 12/12My opinion
Bullish above 98,537.51 USD
My targets
102,534.81 USD (+1.07%)
103,995.11 USD (+2.51%)
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on BITCOIN - BTC/USD as long as the price remains well above 98,537.51 USD. The buyers' bullish objective is set at 102,534.81 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 103,995.11 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Bears Beware! Something lingers hidden called the Golden Ratio.Bears Beware!
After about a 5% run up back above the 100k barrier, BTC finds itself falling 1% testing the barrier once more. Could this be an imminent win for the bears? It may look like it at the surface but there are many indicators pointing up.
The Squeeze Momentum Indicator
The squeeze momentum indicator finds squeezes where price action has ping-pong movement with little volatility. The histogram shows the direction of the momentum and the black dots show if there is a squeeze occuring with the white dots indicating that the squeeze has release. At this critical point we can see price regaining upward momentum.
Hidden Bullish Momentum
Typically, higher highs on the price chart with lower or even highs on the oscillator indicate bearish reversals. However, we can see a hidden bullish divergence occuring with higher price lows and lower oscillator lows. This typically indicates not a reversal but a continuation.
The Golden Ratio
If we draw a fibbonacci extension (starting from where the upward momentum starts locally, to where price action reverses downward, and finally to where it reverses upward) we can see critical fibb zones that can act as support and resistance. The one that the Bulls and the Bears are currently fighting over is one of the most vital fibb regions - The Inverse of the Golden Ratio (1/1.618 = 0.618) - which is conveniently around the 100k price level. What matters now is if BTC can continue to break through this level and turn it into support.
BTC has shown the amount of upward momentum it has behind it seeing how after breaking through the 0.618 fibb level, it broke through the 0.768 fibb level reaching nearly 104k. If we are able to create support at the 0.618 level we may see enough momentum to reach the Golden Ratio, 1.618, fibb level of 117k.
Always remember - Bears sound smart, Bulls make money.
Don't forget - This is not financial advice.
