QIUSDT: %215 Volume Surge and Buyer ActivityQIUSDT: Significant Volume Surge and Buyer Activity
There is a 215% increase in volume in QIUSDT, indicating heightened market activity. This suggests buyers are stepping into the market and adding pressure. However, given the dynamics of the market, I will focus on evaluating specific breakout opportunities.
📌 Key Strategy:
When the price approaches the blue box zones, these areas will serve as potential demand zones. I will closely monitor lower time frame upward breakouts from these regions to identify high-probability entries.
🔑 Why the Blue Box Matters:
It represents areas of increased buyer interest.
Volume spikes coupled with price movements from these zones often yield strong reactions.
I will remain cautious of false breakouts but will prioritize stable movements supported by volume for confirmation. Stay tuned for updates as this setup unfolds!
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
My Previous Analysis
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active
Support and Resistance
USUALUSDT | Buyers Are ActiveBuyer Presence: I believe there are buyers in USUALUSDT, making it a promising addition to my spot trading basket.
Price Reaction:
The price did not get a strong reaction from the blue box, suggesting it might target lower levels.
Buy Strategy:
Despite the lack of a strong response, I find it logical to remain a buyer from both blue boxes, aligning with my overall strategy.
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
My Previous Analysis
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
FTTUSDT %378 Daily Volume Spike FTTUSDT has recorded a 378% daily increase in trading volume.
To capitalize on this increase:
I will closely observe the price movement toward the blue boxes on the chart.
I will evaluate potential upward breakouts in lower time frames from these regions to identify entry opportunities.
This strategy allows for careful monitoring and reduces unnecessary risk.
Let me know if you want further edits or additions!
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
My Previous Analysis
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
SILVER: Exponential Scaling 1.618^1/4Expansion based on 1.618 from lowest - Rate of Progression 1 in Exponential Grid indicator:
This suggests the market structure for Silver has strong Fibonacci-based tendencies aligning with natural growth patterns.
Exponential scaling using a constant phi (1.618) raised to the 0.25 power exponent.
This adjustment results in finer granularity while maintaining the underlying fractal structure. It smooths out the expansions to capture intermediate cycles more effectively.
USDCAD Wave Analysis 16 December 2024
- USDCAD reversed from support zone
- Likely to rise to resistance level 1.4300
USDCAD currency pair recently reversed up pivotal support level 1.4140, former resistance level which reversed the price sharply at the end of November.
The upward reversal from the support level 1.4140 started the active impulse wave 5 of the higher order impulse wave (3) from September.
Given the clear daily uptrend, USDCAD currency pair can be expected to rise further to the next resistance level 1.4300.
ASX dragged lower by the DowThe Dow Jones futures market fell for an 8th consecutive day on Monday, a bearish sequence not seen in over 12 years. And that's not good news for ASX 200 bulls, as the index tends to track the Dow very closely.
The daily chart looks like it wants to head to 8200, and it just 1 - 2 bearish trading days away from it looking at a typical day's range. The 1-hour trend has favoured bearish swing traders, who could seek to fade into moves towards the 20-50 hour EMAs.
AUDUSD Wave Analysis 16 December 2024
- AUDUSD reversed from support zone
- Likely to rise to resistance level 0.6400
AUDUSD currency pair recently reversed up from the support area set between the strong support level 0.6350 (which has been reversing the price from 2023, lower border of the weekly sideways price range) and the lower weekly Bollinger Band.
The upward reversal from the support zone stopped the previous impulse waves 3 and (3).
Given the oversold weekly Stochastic and the strength of the support level 0.6350, AUDUSD currency pair can be expected to rise further to the next resistance level 0.6400.
PDSL - Near ATH - looking strongPDSL has come close to ATH and looks strong.
Volume picking up and RSI is also stronger.
Stock can goes sideway for few days or drop a little to cool down the RSI, then it should take the flight up.
I will keep updating this idea, keep a watch.
Any comment or feedback on this idea are welcome.
Technical Analysis: BTC/USDT – after ATH at $106kAfter the price reached the 1.14 level of the Fibonacci Retracement, I projected the Fibonacci Expansion to identify potential targets and decision zones.
Context:
The prevailing structure is a well-defined uptrend channel, reflecting a strong and consistent upward momentum.
Statistically, the zone between 1.0 and 1.14 Fibonacci levels often acts as a decision area, where the price tends to consolidate or face resistance before deciding whether to continue the trend or initiate a pullback.
Current Scenario: We are currently in an extended leg within the channel, which significantly increases the probability of a price correction. The marked Pullback Zone (highlighted on the chart) suggests that the price could retrace to test intermediate supports within the channel or revisit previous Fibonacci levels.
Monday trading PlanPrice has been dropping aggressively on Friday, creating a significant displacement to the downside. The area around 2680 is identified as a key supply zone where sellers might step in again.
Bias is on the bearish side and I am expecting a retracement to 2680 (supply zone), followed by a continuation of the downtrend.
A move up to 2680 will allow for liquidity to be swept, and then the price could reverse sharply. BUT things might go differently, this is my main scenario and plan.
Next Steps:
Look for longs as price will approach 2680 OR just wait patiently to see if it happens.
Once at 2680 level watch for signs of reversal like a liquidity sweep, bearish market structure shift (MSS), and the FVG being respected.
Target lower prices, ideally back to opening price around 2640 and ideally 2600 but that might only be later on today maybe during New York.
This is MY main trade idea for today, I am waiting for the retracement and the drop. If price doesn't reach 2680 or shows signs of reversal earlier, I will adapt accordingly.
Trade safe!
BTC.D: A Critical Turning PointThe current zone is pivotal for confirming the bearish scenario on BTC.D.
Key Points:
- Death Cross on the 12h chart confirmed last week.
- PA is retesting EMAs after the cross, increasing the likelihood of further downside.
- This is a zone to add positions if weakness confirms.
Main Scenario:
1. Retest completion → continued downtrend.
2. Major support lies around 53%, with potential for deeper declines.
Risks:
A sustained move above the current MAs could invalidate the bearish outlook.
Key Levels Overview for the Week 12.2024(16-20)* updated🔲Key Levels Overview for the Week🔳
12.2024(16-20) updated
I tried not to miss a line!
Dynamic Supports🔀
105313
103542
100500
98300
97300
Dynamic Resistance🔀
105313
106363
112400
115700
119300
Mid Pivot (🫎bull&bear🐻 zone ch trend)
123292
111511
99737
range of supply and demand
115243
107672
100100
#BitCoin
Eicher Motors might motor along. Eicher Motors Ltd. engages in the development, design, manufacture, assembly and sale of two-wheelers, as well as related parts and accessories. It operates through Domestic and Overseas geographical segments. The Domestic segment includes sales and services to customers located in India. The Overseas segment includes sales and services rendered to customers located outside India.
Eicher Motors Ltd. CMP is 4838.50. The Positive aspects of the company are Company with Low Debt, Company able to generate Net Cash - Improving Net Cash Flow, Company with Zero Promoter Pledge. The Negative aspects of the company are high Valuation (P.E. = 31.1), Promoter decreasing their shareholding, Companies with growing costs YoY for long term projects, De-growth in Revenue, Profits and Operating Profit Margin and Increasing Trend in Non-Core Income.
Entry can be taken after closing above 4843 Targets in the stock will be 4931 and 4991. The long-term target in the stock will be 5059 and 5119. Stop loss in the stock should be maintained at Closing below 4603 or 4481 depending on your risk taking ability.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
JSW Energy looking Energetic JSW Energy Ltd. engages in the business of power generation. It operates through the following business segments: Power Generation, Power Transmission, and Power Trading.
JSW Energy Ltd. CMP is 688.95. The Positive aspects of the company are Company with decreasing Promoter pledge, High Volume, High Gain, Top Gainers and High Momentum Scores. The Negative aspects of the company are extremely high Valuation (P.E. = 61.5), Companies with Increasing Debt, Increasing Trend in Non-Core Income, High promoter stock pledges.
Entry can be taken after closing above 701 Targets in the stock will be 719, 738 and 756. The long-term target in the stock will be 773, 792 and 809. Stop loss in the stock should be maintained at Closing below 642 or 582 depending on your risk taking ability.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
“4” reasons to go long CLSKI went long NASDAQ:CLSK again - at 12.3175 at the close today. Since this summer when I started posting ideas, I've made 5 trades in NASDAQ:CLSK and made an average of almost 13% per trade and those 5 trades averaged under 3 days in length (all verified in ideas I've posted here).
The miners are such a gold mine when it comes to how I trade. One of the keys for the average person when it comes to the miners is to look in the “minds” for the stock. When everyone there starts complaining about conspiracies, criminality, or changing their mind back to “this thing is garbage” 2 weeks after they were gleefully shouting “to the moon” and posting rocket emojis, you know it’s getting close to time to buy 🤣.
Seriously, though. My algo says it’s time to buy and you know I don’t question its judgment. But if you just look at the chart, there are a few other things that also poke you in the ribs and whisper “buy itttttt”.
1) Uptrend - the regression channel here makes it obvious, but NASDAQ:CLSK has been in an uptrend since the beginning of September. The trend is your friend until it ends - and it hasn’t yet.
2) Higher highs and higher lows. Part of the uptrend thesis, but until this closes below 9.80 (an over 20% loss from here), the uptrend is intact.
3) Minor (no homonymous pun intended) support at 11.40 from the low of the gap up candle.
4) Finally, 4 consecutive down days. Going long after 4 down days in a row has been an incredibly quick and reliable payoff for quite some time now. You’d have to go back to September of 2022 to find a 4 down day buy that didn’t pay off in under 3 weeks. In fact, it has only taken even 3 weeks 2x since then. The most common payoff is 1 day, and almost all have been less than a week since Sept. of ‘22. I’m all about the quick payoff and I’m expecting this one to be as well.
Per my usual strategy, I'll add to my position at the close on any day it still rates as a “buy” and I will use FPC (first profitable close) to exit any lot on the day it closes at any profit. Depending on the situation, I may sell calls as well since the premiums on miner options are just ludicrous.
As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.
GOLD (XAUUSD): Is Bullish Continuation Confirmed?After a recent pullback, gold has retested a key structure that was previously broken.
Two strong bearish signals have emerged: the price has dropped below the neckline of a double top pattern and the resistance line of a bearish flag formation.
These breakdowns indicate a high probability of a continued bearish trend, with the market likely targeting the 2646 level next, followed by support at 2637.
LINK | ALTCOINS | Chainlink pushes towards 40$Link has seen some great increases after another bump on BTC.
It's likely that this will lead to another mini-cycle, and push the price of Chainlink even higher towards 40$ which is the next major resistance mark.
I'm especially optimistic for Link and other alts once Ethereum has made a new ATH. More on that thought here:
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BINANCE:LINKUSDT