GOLD 4H CHART ROUTE MAP UPDATEHey Everyone,
Markets ranging sideways today before Christmas and our plan of action remains the same with our levels and targets still valid for the week for the days that are open.
We continue to play between both weighted levels, 2629 Goldturn resistance and 2600 Goldturn support and will need ema5 cross and lock on either Goldturn to confirm determine the next range.
We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGET
2629 - DONE
EMA5 CROSS AND LOCK ABOVE 2629 WILL OPEN THE FOLLOWING BULLISH TARGET
2655
EMA5 CROSS AND LOCK ABOVE 2655 WILL OPEN THE FOLLOWING BULLISH TARGET
2694
EMA5 CROSS AND LOCK ABOVE 2694 WILL OPEN THE FOLLOWING BULLISH TARGET
2726
BEARISH TARGETS
2600
EMA5 CROSS AND LOCK BELOW 2600 WILL OPEN THE FOLLOWING BEARISH TARGET
2561
EMA5 CROSS AND LOCK BELOW 2561 WILL OPEN THE SWING RANGE
SWING RANGE
2518 - 2486
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
Tradingstrategies
"Analyzing Dogecoin's Path to $10: Potential for the 25 BullRunAt the time of writing, Dogecoin sits at 0.0255. When applying the RSI with Dogecoin at 65.72, this means Dogecoin is overbought and some correction needs to happen before realistic projected gains in 2025 can occur.
Final thoughts are: Investment Assessment and Conclusion: Dogecoin can go to $10 in 2025—just not anytime soon, but eventually. But it needs project developments to be effectively completed and the price floor most crucially, around $2.00. Thus, for a $10 Dogecoin to happen, some investors need to HODL and some investors need to take profits during the bull run for price support. The RSI is currently at 40.92, which means it's teetering on the edge of oversold but also stabilizing, which points toward a bit of consolidation before a breakout on these ranges.
Key Resistance Levels: $0.39 to $0.47: Short-term resistances that need to be breached in order for upward momentum to continue. $0.59: Major psychological/technical resistance that will need to be maintained to render any subsequent significant/exponential growth. $0.73: Resistance against previous all-time highs; breaching this will allow for exponential growth.
Macro Considerations: Market Sentiment: Bull run in 2025 reliant on macroeconomic factors and overarching crypto adoption. DOGE CATALYSTS: Musk's ongoing involvement and potential application on X down the line, additional application with other sites or as a payment method, community buy-in and meme use.
DOGE GROWTH REQUIREMENTS: In order for DOGE to grow naturally in value to the $10 price target, it needs a market cap over such price, which means billions, if not trillions of dollars need to be infused into the crypto world with Dogecoin having the same market cap or larger.
FINAL THOUGHTS: The $10 price target requires so much bullish sentiment even based on Dogecoin trading in millionths of cents. It requires an ongoing bullish trend for the foreseeable future. Unheard of bullish derivatives season and retail/institutional participation macro market/fundamentals monitor. Bullish progression: Entire resistance lines on the chart have been breached. Because for something like this to occur, it has to be an extraordinarily bullish, extremely engaged retail and institutional lineup plus macro market/fundamentals. People need to be in the know and paying attention to breakout levels and macro developments in the months to come.
Scalping ETH thesis investment Ethereum (ETH) Trading Thesis – Summary
Objective:
Take Profit (TP): $3,500
Stop Loss (SL): $3,440
Overview: Ethereum (ETH), the second-largest cryptocurrency, remains a leading platform for decentralized applications and smart contracts. As of December 24, 2024, ETH shows strong growth potential driven by technological advancements and increased adoption.
Technical Analysis:
Take Profit at $3,500: Identified as a key resistance level based on historical data and Fibonacci retracement, indicating potential bullish momentum.
Stop Loss at $3,440: Placed just below recent support to minimize losses if the price declines.
Indicators:
Moving averages (50-day and 200-day) suggest upward momentum.
RSI nearing overbought levels signals strong buying interest.
Increasing trading volumes support the current trend towards the TP target.
Risk Management:
Risk-Reward Ratio: 1:1, balancing potential gains and losses.
Position Sizing: Limit risk to a small percentage of the portfolio (e.g., 2%) to manage exposure.
Diversification: Maintain a varied portfolio to mitigate overall risk.
Fundamental Catalysts:
Ethereum 2.0 Upgrades: Enhancements in scalability and efficiency bolster ETH’s value.
Growth in DeFi and NFTs: Increased demand from decentralized finance and non-fungible tokens sectors.
Institutional Adoption: Growing interest from institutional investors supports price stability and growth.
Potential Risks:
Regulatory Changes: New regulations could negatively impact ETH’s price and adoption.
Market Volatility: High volatility may trigger stop losses or limit profit potential.
Technological Delays: Setbacks in Ethereum’s development could affect investor confidence.
Conclusion: Ethereum presents a promising trading opportunity with a clear strategy to take profit at $3,500 and limit losses at $3,440. Effective risk management and ongoing monitoring of market and technical indicators are essential for capitalizing on ETH’s potential upward movement.
Disclaimer: This summary is for informational purposes only and does not constitute financial advice. Conduct your own research and consider your financial situation before making investment decisions.
Rejections at Key Levels: What USDT.D Means for AltcoinsUSDT.D is showing strong bearish momentum, rejecting multiple times from the descending trendline and resistance near 4.45%. A continuation downward toward the 4.00%-3.85% support zone is likely.
This drop could fuel bullish momentum in altcoins as funds flow back into the market. Watch closely!
AAVE Scalping Strategy Recommendation Amid High 1. Restate the Key Data Points
Action: HOLD_BUY (indicating a bullish stance).
Stop Loss: $320.00.
Take Profit: $350.00.
Entry Price: $328.07.
Current Price: $336.64.
Exit Point: $336.64.
BTC Correlation: -0.85 (strong negative correlation).
Confidence Level: 75%.
2. Short-Term Forecast
Price Momentum:
Since the current price is above $336, the market appears to be trending in favor of the long position.
The thesis suggests holding the position (HOLD_BUY), expecting the price to continue rising toward $350.
Risk Analysis:
Downside is capped at the stop-loss of $320.
If price volatility remains moderate, the chance of being stopped out near $320 is reduced.
Impact of Negative Correlation with BTC:
If Bitcoin falls, this asset might rise (given the negative correlation).
If Bitcoin rallies, watch for potential downward pressure on the current position.
3. Medium-Term Outlook
Possible Consolidation Around $336–$340:
Price may hover in a narrow range before breaking toward $350 or dipping back to the $328–$330 region.
Adjusting Stop-Loss:
If the price stabilizes above $336.64, a slight upward adjustment of the stop-loss (to slightly above $328) could secure more of the unrealized profit.
Confidence Level at 75%:
Overall prospects favor continued upward movement.
Reassess rapidly if there is a major shift in market sentiment or BTC correlation.
4. Conclusion & Prediction
Likely Outcome:
Continued bullish movement toward the $350 take-profit target.
If the market remains stable and BTC correlation continues as is, reaching $350 is plausible.
Main Risk:
A sudden BTC price surge (inverse correlation could trigger negative movement for this asset).
Maintain vigilance around key market announcements or unexpected volatility.
Actionable Summary:
Hold the current long position with a view toward $350.
Monitor correlation events closely—sharp BTC moves can flip the trade’s direction.
Protect profits by adjusting stop-loss if the price solidifies above $336.64.
Final Predictive Note
Based on the data and the 75% confidence, the short-to-medium term prediction is a gradual climb toward the $350 level, barring any sudden volatility spikes or drastic BTC movements.
Another Buying Opportunity on $HIMS! 60% UpsideNYSE:HIMS 💊
We are only half way through the week and this is me telling you that THIS IS ANOTHER BUYING OPPORTUNITY!
I said the same thing when we had the Short Attack and flush to $19.
What you don't realize is that the Wr% at the top of the chart ran up into the barrier of the Williams Consolidation Box and now needs to create it's support and bounce in order to form the BOX. I still believe that's $30 (meaning we wick back above it before weeks end). Whether we do or don't doesn't really matter in the longer term (weeks/months).
The downside on the Wr% is limited as well due to the rising trendline (Arrow) we are on since September. If we fall to that I strongly believe we get a bounce off of it, thus creating the box there or where we currently are at.
The reason this is a buying opportunity and shouldn't matter to the majority of you is because IMO it will be at $40+ before EOY! Do what you want but I'm cashing in on my Covered Call Premium and Buying more!
Not Financial Advice.
$NVTS - The Next High Five Trade! 300% UPSIDE!!!🚀 The Next H5 Trade 🚀
Navitas Semiconductor - NASDAQ:NVTS 💾
-Falling Wedge Currently Breaking Out!
-H5 Indicator is Green and Giving a BUY Signal
-Williams R% needs to create support and it's Williams Consolidation Box. I'm thinking we get a big push up to $3.50 - $4 before pulling back to retest the falling wedge breakout and continue higher.
-Launching off of a massive Volume Shelf with a large GAP to $4.65
-500M Mkt Cap Name (High Risk / High Reward)
-Any partnerships or big news out of this name with Semi's spinning back up the Gain Train then this name won't be hard to EXPLODE higher with it being a small cap.
🎯$4.65
🎯 $8.47
📏 $11.17
⏳ Before APR 2026
Thank you for all the love 50 was tough for a Monday morning, I really appreciate all of you!
Not Financial Advice
Zscaler Earnings BREAKOUT Inbound? 67% UpsideEarnings Monday: Zscaler - NASDAQ:ZS 💻
A huge name within the cybersecurity space, this growth beast is reporting earnings on Monday and has beaten earning projections over 24x in a row! They clearly know how to play the game that is Wall Street. Will the streak continue?
-Cup with handle forming as we speak. $265 is the BO area. 📏$445 - 67% Upside
-Bull Flag breakout with successful retest.📏$300
-H5 Indicator is Green
-Williams Consolidation Box is thriving
-Launching off AVP Shelf
The sector is red hot with MEH quarters from the Cybersecurity leaders in NASDAQ:CRWD NASDAQ:PANW so if Zscaler can come in and knock some socks off then they will fly to $300 faster than you can say "What is a Zscaler?"
NFA #CyberSecurity
SOL thesis with RAG AI by Titan_KarmaThe current market conditions for Solana (SOL) present a compelling opportunity for short-term trading, particularly given the recent positive sentiment surrounding the cryptocurrency. With no open positions currently, traders should consider entering a LONG position if market indicators align favorably. The recent news highlights a bullish sentiment towards SOL, especially in conjunction with the rising interest in related cryptocurrencies like Ripple (XRP) and meme coins such as Cutoshi. This broader market enthusiasm could provide the necessary momentum for SOL to continue its upward trajectory.
Financially, SOL is trading at $255.85 with a robust trading volume of approximately 3.87 million. The long-short ratio indicates a strong bullish sentiment, particularly in the 1d and 1h timeframes, where long positions significantly outnumber shorts. This trend suggests that traders are optimistic about SOL's price movement, reinforcing the potential for a profitable LONG position. However, it is crucial to remain vigilant for any signs of market reversal or increased short activity that could signal a shift in sentiment.
From a technical analysis perspective, the indicators present a mixed outlook. The daily RSI is above 70, indicating overbought conditions, while the hourly RSI is around 52, suggesting a neutral stance. The Stochastic indicators also reflect overbought conditions, which may lead to a pullback. The price is currently positioned below the daily EMA20 and SMA20, indicating potential resistance at these levels. Traders should closely monitor price action around these resistance points and be prepared to adjust their strategies accordingly.
Historically, SOL has demonstrated a significant upward trend, particularly from November 18 to November 22, where the price surged from approximately $242.51 to $260.13. This momentum, coupled with strong buying interest, suggests that entering a LONG position could be advantageous. However, caution is warranted due to the potential for pullbacks, and traders should implement appropriate stop-loss levels to manage risk effectively.
In terms of market sentiment, real-time data indicates a generally positive outlook for SOL, with many traders expressing optimism about its future performance. This sentiment aligns with the technical indicators and historical price movements, further supporting the case for a LONG position. Additionally, monitoring upcoming economic events or news releases will be essential to anticipate any abrupt market reactions that could impact SOL's price.
TRADE RECOMMENDATION
json { "OUTCOME": "OPEN_LONG", "STOP_LOSS": "$250.00", "TAKE_PROFIT": "$265.00", "CONFIDENCE_LEVEL": "80%", "EXIT_POINT": "$260.00", "ENTRY_CRITERIA": { "TIMEFRAME": "1h", "RSI": "below 70", "MACD": "above 0, 1h" }, "CURRENT_OPEN_LONG_POSITIONS": 0, "CURRENT_OPEN_SHORT_POSITIONS": 0 }
BTC thesis with RAG AI by Titan_KarmaThe current market conditions for Bitcoin (BTC) present a compelling case for entering a long position, especially given the absence of open positions at this time. Recent bullish trends, including Bitcoin's approach to the $100K milestone and a significant increase in hashrate, indicate a strong upward momentum. Additionally, the growing institutional interest in Bitcoin, evidenced by its innovative applications in traditional financing, suggests that BTC is gaining traction across various sectors. As we assess the market over the next four hours, it is crucial to monitor technical indicators and market sentiment closely to identify optimal entry points.
From a financial perspective, BTCUSDT is currently trading at $97,501.40, with a trading volume of 28,787.55. The mixed long-short ratios among traders indicate a cautious sentiment, suggesting that while some traders are bullish, others are hedging against potential downturns. This mixed sentiment reinforces the need for a careful approach, particularly as the market may experience volatility. Setting stop-loss orders is advisable to protect against potential downturns, especially if the price approaches critical resistance levels.
Technical analysis reveals a high daily RSI of 79.29, indicating that BTC may be overbought, which could lead to a price correction. However, the 1-hour and 15-minute charts show lower RSI values (45.73 and 36.09, respectively), suggesting potential for short-term recovery. Resistance levels are identified at $98,924.61 and $100,321.24, while support levels are at $96,626.73 and $95,725.48. Monitoring these levels will be essential for making informed trading decisions.
Historically, BTC has shown strong upward trends, with significant price increases observed over the past few days. The latest data indicates a high of $98,988.00 on November 21, 2024, followed by a slight pullback. Given the overall bullish sentiment and recent price action, entering a long position appears favorable, particularly if the price holds above the support level around $97,000. Volume trends will also provide further confirmation of the strength of this upward movement.
In terms of risk management, it is essential to set appropriate stop-loss orders based on historical performance and volatility. The recent trades indicate that confidence levels of 85% and 87% have previously resulted in no profit trades, necessitating a reassessment of confidence scoring. Implementing a mechanism to penalize no-profit trades will help refine future trade recommendations and improve overall profitability.
In conclusion, the current market conditions for Bitcoin suggest a favorable environment for entering a long position. By closely monitoring technical indicators, market sentiment, and historical performance, traders can make informed decisions to capitalize on potential price movements.
TRADE RECOMMENDATION
json { "OUTCOME": "OPEN_LONG", "STOP_LOSS": "$96,626.73", "TAKE_PROFIT": "$100,321.24", "CONFIDENCE_LEVEL": "80%", "EXIT_POINT": "$98,924.61", "ENTRY_CRITERIA": { "TIMEFRAME": "1h", "RSI": "below 70", "MACD": "above 0, 15m" }, "CURRENT_OPEN_LONG_POSITIONS": 0, "CURRENT_OPEN_SHORT_POSITIONS": 0 }
Punjab National Bank (PNB) Technical Outlook📌 Current Price: ₹100.53 (+1.05%)
📌 Sector: Banking
📌 Timeframe: Daily
Key Observations:
1.Descending Channel:
PNB has been trading in a well-defined descending channel since its peak of ₹142.40. The current trend remains bearish, with lower highs and lower lows.
2.Fibonacci Retracement:
Major Levels:
0.618 (₹113.59) : Key resistance.
0.5 (₹104.69): Immediate resistance.
0.382 (₹95.80): Current support.
0.236 (₹84.79): Next critical support if the stock breaches ₹95.80.
3.Support and Resistance Levels:
Support: ₹95.80 (holding strong for now).
Resistance: ₹104.69, followed by ₹113.59.
4.Volume Analysis:
Declining volume suggests indecision among traders, indicating a potential consolidation phase.
5.RSI (Relative Strength Index):
RSI shows the stock is moving out of oversold territory, which could trigger a short-term bounce.
Jefferies Target 🎯:
Revised Target: ₹135
This aligns with the 0.786 Fibonacci level (₹126.26) , a crucial point where PNB would need to break out of the descending channel and confirm a trend reversal.
Potential Scenarios:
Bullish Case:
Bounce from ₹95.80 and breakout above ₹104.69.
Sustained buying could push the stock to ₹113.59 and eventually to ₹126.
Bearish Case:
A breakdown below ₹95.80 could lead to a retest of ₹84.79.
Failure to hold ₹84.79 might push the stock to its next support zone around ₹80.
Trading Strategy:
1.Short-Term Traders:
Watch for a breakout above ₹104.69 for a quick target of ₹113.59.
Stop-loss: ₹95.
2.Long-Term Investors:
Accumulate near ₹95.80 or ₹84.79, keeping ₹80 as a long-term stop-loss.
Final Thoughts:
The stock's long-term prospects remain aligned with its sector growth and broader market recovery. A breakout from the descending channel could attract significant buying interest, aligning with Jefferies' bullish target of ₹135.
Waiting for market structure to become more obvious Hello friends, hope you are well
On the higher time frames, there seems to be a little work that needs to be done
On the lower timeframes we are DOMINATING
If you'd like to be a front runner, speak to me and lets do this!
#MarketDomination
#TradingSuccess
#TimeframeAnalysis
#TradeSmart
#FrontRunner
#MarketOpportunities
#CryptoJourney
#WinningTrades
#HigherTimeframes
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#DominateTheCharts
Potential trade setup on BRTUSDWe are looking at a short trade on BRTUSD based on the stretch strategy. There is trend and direction alignment with this trade. Trade has taken out the upper stretch but higher timeframes trend and direction is to the downside. We will take the trade with a higher probability towards opposite stretch level being taken out. We will exit the trade once range has been achieved.
Trader Order Details:
BRTUSD(Short)
E - 71.55
SL - 72.43
T - 70.40
We will be tracking this move and updating the post as we go along on the charts and on video. Keep a look out for it traders.
EUR/USD Crash????We can a clear downtrend forming with pairs like the euro and the pound that go against the dollar. The Euro has shown clear signs of bearish downfall through the vast number of bos to the downside and the vast amount of liquidity below that needs to be taken.
In the first scenario we see the possibility that price may move up to fill the IMB taking out any early sellers before continuing in the downtrend targeting the EQL liquidity below.
In the second scenario which I believe to be more likely, we see the Euro drop taking out the EQL liquidity before having enough momentum to retrace into 4H IMB or fill the IMB and push up towards the 6H supply and then crash at least until the bullish momentum on the dollar dies down and markets begin to form clean market structure rather than such euphoric price action
What October 25th's Options Portfolio Tells Us About the YenOur analysis of options portfolios from October 25th revealed a Straddle setup on the Japanese yen futures, with a short expiration date set for November 1, 2024. Now, this isn’t exactly a rare sight for the yen; these Straddle portfolios pop up pretty regularly, especially when we’re looking at short expiration periods.
From what we've seen, in about 4 out of 5 cases, the quotes tend to hang around the Straddle boundaries and often bounce off them. A recent example? August 5th—prices hit the upper limit at 149.20 (that’s the spot quote) and then bounced back nicely, giving savvy traders a sweet opportunity to jump into a short position on the dollar with a solid risk/reward ratio.
So, what's the takeaway here? Use those Straddle boundaries to open positions in the spot/forex market. It makes sense to trade in the direction of the main trend, which means looking for a drop in the yen against the dollar when prices hit that upper boundary—check out #1 for a visual.
Now, I can hear the skeptics asking: what's the rationale behind these price movements at the Straddle boundaries? After all, a Straddle is just a straightforward strategy that involves buying volatility and betting on price movement. True, that’s the textbook definition, but it’s just scratching the surface. The real insights and "battle-tested applications" of this strategy are way more intricate than they seem.
Stay tuned for our updates, and you’ll definitely uncover the hidden meanings and value of options analysis for the everyday forex trader. Trust me, these insights can give you a real edge in the market. It’s worth your time and effort!
Adani Power at SupportThe strongest Adani Group company with sound financials and comfortably manageable debt along with sound current ratio.
Stock P/E - 14.8
ROCE 5Yr - 16.6 %
ROE 5Yr - 39.2 %
Debt to equity - 0.80
Current ratio - 1.60
The technical chart pattern suggest an entry.
Note: The idea is intended to spread awareness regarding the ratios that you should consider before investing and the chart reading done.
Any financial commitment will solely be your risk and should be done after thorough research.