LYV spikes to $140, then pulls back to $120MODs have suggested that I provide more detail about the picks I make.
Sorry. I'm not as verbose as y'all, and I don't like things to be complicated.
My trading plan is very simple.
I buy or sell at top & bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Price above channels (period 100 52 39 & 26)
Stochastic Momentum Index (SMI) at overbought level
VBSM is spiked positive
Price near 4.618 Fibonacci level
Calling top around $140
Downside target is $120 or channel bottom
manual stop loss
Fibonacci
GOLD → Breaking through channel resistance. Growth attemptGOLD is coming out of the channel. Bulls are trying to take the situation into their own hands and keep the defense above 2665. The metal has a chance for local return and growth to 2690 - 2720.
Growing geopolitical tension in the Middle East (Syrian government collapse) compensates local growth of the dollar, which is generally favorable for the metal.
But, risks of dollar growth remain on the background of inflation growth in the U.S., which in general can strengthen the hawkish position of the Fed policy makers on the interest rate.
At the moment all attention is focused on CPI / PPI. Profit-taking is possible due to high risks.
Gold is coming out of the local channel, but is still trapped inside the global channel. Price may test the zone of interest before important economic data.
Support levels: 2660, 2655, 2636
Resistance levels: 2673, 2688, 2721
The breakout took place and the metal is trying to go up. The target is 2688. But we should be careful, because geopolitical tensions, upcoming economic data may cause corrections and profit taking
Regards R. Linda!
POV: MAHASEAMLES - DROP - BASE - RALLYPOV: MAHASEAMLES - DROP - BASE - RALLY
Chart Reading:
Background:
On December 3rd, I entered this stock at a swing high breakout after observing the following parameters:
1. A Double Bottom pattern (A1 - A2) formed at the Fibonacci 0.618 level.
2. This was followed by a Double Top pattern (B1 - B2).
3. Momentum and trend aligned perfectly, indicating synchronization.
This entry provided the expected move with unexpected speed, reaching Target 1.
Today, I observed another significant pattern currently forming: DROP - BASE - RALLY.
If the upcoming session gives a pullback before crossing the gap zone,
it would present a strong setup to aim for the pattern target and Target 2.
For educational purposes only. This is not financial advice. Please consult a professional before making financial decisions.
#NiVYAMi
Incredible SpikeWe saw an incredible spike of this stock this week. It has been retraced immediately.
There must be a new buying interest that has been driven to a hyperbole by short term speculators who took profit as soon as the rise came to a halt.
I assume that this spike would not have been possible without the existence of more serious buyers I am taking the chance of the 62 % retracement to take a first long position.
Curve DAO CRV price analysis🤑 Did it really happen?) CRYPTOCAP:CRV price has finally “really” come out of the 3-year down trend. A confident breakout, on high volumes, "just like a book says".
💰 Now OKX:CRVUSDT price has hit the mirror level, so we can assume that the correction may be delayed to gain strength to break higher.
A correction in the range of $0.43-0.67 fits into the canons of wave analysis and will not break the structure and growth trend.
And the global 5th wave of growth #Curve DAO token can be expected at least to $4.10-5.50
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
The Solana ecosystem continues to thrive...hello friends
This currency, which is from the Solana ecosystem, managed to make a good bottom after a long-term downward trend and managed to hit a new top.
Now that Pullback has stirred, it has provided us with a good opportunity to buy a ladder.
Note that if he keeps his range, he can move to the specified targets.
Dear friends, capital management must be observed.
Be successful and profitable.
PEPE | ALTCOINS | Next TargetsALTCOINS have seen hard pumps and at this point of the cycle, for as long as BTC trades range between 95k-105k , altcoins can go even higher.
PEPE has recently made a new ATH, but it's likely that there is another push. This is now price discovery, as there are no points of resistance or support. However, through Fibonacci and technical indicators, we can get an idea of were the price of PEPE may be heading next.
Don't miss yesterday's update on ETH, and why the ATH is NOT IN yet:
_______________________
MEXC:PEPEUSDT
EURCAD SELLEUR/CAD 4-hour timeframe with respect to Wyckoff market cycle stages and current price action. Here's the step-by-step evaluation:
Wyckoff Analysis
Distribution Phase:
The chart shows a prolonged sideways range at the top (above 1.50), suggesting a distribution phase. This is evident from the multiple rejections at the resistance zone around 1.51679.
The volume during this range shows spikes on bearish candles, indicating selling pressure by smart money.
Markdown Phase:
Following the breakdown from the range, the price formed a clear impulsive downtrend, completing a 5-wave Elliott pattern (labeled as 1 to 5 in the chart).
The markdown culminated near 1.44886, which aligns with strong support and Fibonacci extension levels (1.618 at 1.45131). Volume increased significantly.
FET tps for this bullbased on past bulls experience I believe fibs and cyclical highs and lows are the best levels to set for profit taking. yes, I do believe in decentralisation and crypto - its utility and potential but I will not bag hold, thinking ahead of time for the next bear/shopping market
taking also in consideration my spot avg entry and bag size, these are my tp levels and respective bag %s for $BINANCE:FETUSDT. leaving some as moonshot for higher targets. once i get sls/trailling stops I will update the chart, too soon to plan for those
do as you please with it 🤝
XAUUSD Gols levels for the coming week 09/12 to 13/12XAUUSD levels for the coming week.
Looking to enter a buy at 2645 expecting 2652 to 2654 as first resistance level.
If we break expect 2658,2660,2665 before hitting 2678 to 2680 if we break these levels then 2700 +
For a sell
I would look to enter at a break of 2630 which is fibonacci level 0.618 expecting to fall to 2620 and 2612 next .
If you want a safer sell level I have marked 2620 as a safe sell.
Ready to go long on goldGood morning, bros! Let's re-examine the gold market together!
Gold fell back again after touching around 2674, with the current lowest falling to around 2661. From a short-term structural point of view, gold constructed a sub-high of 2674 at the hourly level, forming an 'M' top structure with yesterday's high of 2676, forming a negative impact on gold. A certain degree of technical pressure;
However, from an overall perspective, if gold cannot fall below the 2650 position during the fall, it will reduce the pressure on the hourly level 'M' top and accumulate energy during the fall, which will help gold continue to fall after the fall. The price fluctuates and rises, and it is easier to break through the resistance in the 2678 area, and may even continue to rise to the 2680-2690 area.
So in terms of short-term trading, we can use the 2660-2650 area as support and try to go long on gold! Bros, are you bullish on gold in the short term like me? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
Crown Castle Inc. (CCI) - SK Sequence Strategy AnalysisTrading the Sequence Setup:
Entry Zone:
Buying near the WCL zone ($98–$105) provides a favorable risk-reward opportunity, following the sequence structure.
Stop Loss:
Place stops below $95 to protect against a breakdown in the sequence.
Profit Targets:
T1: $148 (1.618 Fib extension)
T2: $155 (1.809 Fib extension)
T3: $161 (2.0 Fib extension)
Invalidation:
A breakdown below the WCL zone and $95 invalidates the upward sequence, potentially targeting $90 or lower levels.
The Supercycle of XRPThe future is bright. So bright!
Based on the Supercycle Elliott Wave counts, we can expect very promising targets for XRP.
It won't be wishful thinking to raise the argument that we might never again see XRP below $1 till the next bear market.
Ambitious targets? Hell yeah!
Bear market coming? Hell yeah!
When? Everything will happen so fast. The supercycle conclusion and entering the bear market.
2025 will be a legendary year.