Wave Analysis
TOTAL3 (ALTS MARKETCAP) IDEA. Crypto Total Market Cap (Excluding BTC & ETH) - TOTAL3 Analysis
The TOTAL3 market cap is currently moving within a descending channel pattern. After testing the lower boundary, the market is showing signs of recovery, trading at $986.21B, with a notable +2.71% increase.
Channel Formation: The price action respects the descending channel boundaries, creating potential swing trading opportunities.
Potential Reversal: The recent bounce near the lower boundary suggests a possible attempt to break the midline or test the upper resistance of the channel.
Watch Levels: A break above the upper trendline could signal a bullish breakout, targeting $1.1T, while failure to hold current levels may lead to retesting the lower boundary around $900B.
The Reactive on SMCI has completed The stock is ready for a massive thrust UP to $129 or more....
Why is this. Well SMCI filed the 8K Report on December 2nd.
There are rumores the 10k and 10q maybe ready.
Lastly, business for SMCI is super strong. With Europe starting to negotiate large investments in AI, Sovereign AI, this means AI by country. Elon Musk has been speaking about AI data Centers and he did explain that these centers would be ultimately built in every city and town of the world. (subject to population size). He esplained that this would be a service similar to a utility, swage, electricity and AI. We have a very long way to go..... with SMCI
its another view on gold...buyin this view,completely against the last one i posted in my page, we should buy gold...in this view we r now in wave Y of bigger B from and ABC triangle correction upward...it may ends around the ATH and start wave Y from wave 4 downward...so we should wait and see what market will do in this wave now we r in...if the market make an 5 structure uptrend wave,so we r in wave C of abc uptrend and we should sell from high ATH ...
BITCOIN SELL TO $86,000 (UPDATE)BTC has already smashed our TP1 target & now hovering around the $98,000 zone. It is still possible that price might dump lower towards the $86,000 zone but overall you can DCA (Dollar Cost Average) into buy's now if you're willing to hold. I personally won't be buying at these prices.
DOGCOIN - Buy Idea (Short-term)Turning around right off the last line of resort at 0.3165 indicates that price action found a solid support to bottom out on. An upside reversal seems to be underway. We're pulling the trigger on a new bullish campaign targeting the upper section of our trading range, starting with the key-level resistance of $0.4155, our official profit target. Stay tuned...
TOTAL3 bull flag formation is still validhi traders
Let's make it simple.
TOTAL3 has been consolidating after an impulsive move, forming a valid bull flag formation.
We got a valid breakout but without follow-through up to now.
It looks like the price retested the previous downsloping resistance and it's trying to confirm it as support.
The RSI looks good here. It's pretty neutral now but as soon as the price rises, RSI will start an uptrend.
It's time to be bullish on altcoins now.
Sell when TOTAL3 reaches 1T.
Good luck
Accumulate now
XDCUSD (1W) - buy the dipHi traders,
Here it is my idea for a long position on XDCUSD (1 week time frame).
The price hit a local high in July 2023 and hit another high in November 2024, after that the price bounced back and is currently experiencing the pullback. The idea is to enter in the buy area, which is determined by a previous resistance zone that can be a support for a bounce up now. The best would be if the price will hit the SMA in the buy area and use it as a support too. The buy area is between 0.03882059 and 0.03419194.
We will put our first take profit at the level of the last high, at 0.09315100. The second take profit will be at 0.10940000 when the price hit a local high in December 2021.
Good luck!
AVAXUSD (1W) - buy the dipHi treaders,
Here it is my idea for a long position on AVAXUSD (1 week time frame).
the price hit a local high in March 2024 and another one in November 2024, now is in a resistance area and the price can goes down. The idea is to enter in the buy area hoping for a bounce up in the support area. The best would be if the price will hit the SMA in the buy area and use it as a support too. The buy area is between 37.49 and 33.18.
We will put our take profit at 58.66 which was the local high in March 2024 and can act as a resistance in the future, the second take profit is more above, at 98.25.
Good luck!
What if Santa is REAL?!Hear me out.
Santa is coming this year.
Let's assume that the correction is over for the Christmas' sake, in a simple ABC zigzag, and we the low set at $1.9 was the local low.
Right now, we could be simply in the beginning of the final impulse in 2024.
From my point of view based on the subwave count, we could be waiting for a wave (3) of the intermediate degree to take out the ATH.
How confident can I be in this scenario and the Santa rally?
Not so much. Unless BTC retakes 100K, stabilizes around there, and the dominance relaxes to allow the altcoin market to breathe, I'd still assume we are range bound in a wedge.
Affle (India) Ltd Intraday trend forecast for December 26, 2024The intraday trend for Affle (India) Ltd appears bullish on December 26, 2024. Please note that the provided levels may fluctuate due to the impact of gaps on either side. Utilize this information as a supplement to your technical analysis. This content is intended solely for educational purposes.
BTC fake uptick....still droppingSo BTC made a quick uptick this am! Let's not get too excited. It has broken upward channel and support. Next elevator is either to low 70s / high to mid 60s depending on the level of carnage left behind. People will get left holding the bag during the holiday season and it could take 1-2 years to get back to these levels. You've been warned! Always do your own DD and best of luck!
Amer Sports Inc. | 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
# Amer Sports Inc.
- Double Formation
* Trend Line 1 & 2 | Completed Survey
* Retracement Not Numbered | Subdivision 1
- Triple Formation
* 012345 | Wave Count Survey Entry Settings
* Retracement | (1)) | Subdivision 2
* Daily Time Frame | Configuration | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy