XAUUSD's Volatility: Will it Fake Us Out or Continue Long?Many have been anticipating Gold to move in both directions. Some are expecting a nice drop while others are camping out for that long. I've been on both sides. Here, I explain my reasons for wanting to Long Gold (XAUUSD) with anticipated targets for both a short-term sell and the buy continuation.
Please boost this if you like my ideas. Comment with your thoughts and/or agreement. I look forward to connecting!
Alltimehigh
I'm $HIMS: Before & After All Time Highs!I'm NYSE:HIMS : Before & After
Imagine saying this pattern is forced and then watching it run for over 20% while engulfing the ATH candles!
Stop hating on other people's work!
Either be a student to those giving out free information, or don't say anything at all!
Not financial advice
Meta Platforms - The Breakout Rally To $1.000!Meta Platforms ( NASDAQ:META ) is about to break out:
Click chart above to see the detailed analysis👆🏻
Ever since Meta Platforms - formerly known as Facebook - was listed on the Nasdaq, this stock has been creating new all time highs over and over again. Also over the past couple of months, momentum was pretty strong and a triangle breakout seems inevitable.
Levels to watch: $650, $1.000
Keep your long term vision,
Philip (BasicTrading)
Historic Resistance at $264: Will SOLUSD Flip It to Support?
COINBASE:SOLUSD is currently testing the key resistance level at $264.53, which has historically acted as a significant barrier. The EMA ribbon remains bullish, with the price trading consistently above it, indicating strong upward momentum. The ascending trendline, which has provided reliable support in the past, continues to guide the price action upward.
A divergence on the TSI is evident, with the oscillator previously trending lower while the price maintained its upward trajectory. This suggests that the bulls are gaining strength and exerting pressure on the resistance. The TSI has recently crossed above the zero line, confirming a bullish momentum shift.
The Signal Builder has provided upward signals recently, aligning with the current market structure. A breakout accompanied by a strong candle close above the resistance could flip this level into support, opening the door for potential new all-time highs.
👨🏻💻💭 What are your thoughts on SOLUSD's potential breakout? Could this lead to a rally beyond the resistance? Share your perspective!
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Gold - This Resistance Decides Everything!Gold ( TVC:GOLD ) is retesting massive resistance:
Click chart above to see the detailed analysis👆🏻
All bullruns will eventually end with a consolidation or a correction but on Gold it is clearly not certain whether this bullrun is actually over or not. We are seeing a lot of indecision price action lately but in order to turn bullish, Gold has to break this resistance.
Levels to watch: $2.700, $2.000
Keep your long term vision,
Philip (BasicTrading)
Solana - Pay Very Close Attention Now!Solana ( CRYPTO:SOLUSD ) is perfectly rejecting the all time high:
Click chart above to see the detailed analysis👆🏻
After we saw the creation of the previous all time high back in 2021, Solana just recently actually broke above the major resistance and is now retesting this new support area. So far we are seeing the perfect break and retest and new all time highs will simply follow.
Levels to watch: $200, $500
Keep your long term vision,
Philip (BasicTrading)
Bitcoin's Next Move: Weekend Trade Opportunities! Bitcoin has enjoyed an impressive rally over the past four days, but as we approach the weekend, price action is encountering some resistance levels, presenting potential short opportunities.
Resistance Zone and Short Setup:
The resistance zone lies between $104,464 (Fib 0.786 and Weekly Level) and $106,176 (Fib 0.886 and Daily Level). This range offers a low-risk shorting opportunity with clearly defined targets.
1.) Short Entry #1: Weekly Level at $104,464 (Fib 0.786)
Stop Loss: Above $107,000
Take Profit: Around $101,000 - $100,000 (Psychological Level)
Risk-Reward (R:R): ~1:1
2.) Short Entry #2: Daily Level at $106,176 (Fib 0.886)
Stop Loss: Above $107,000
Take Profit: Around $101,000 - $100,000 (Psychological Level)
Risk-Reward (R:R): ~4:1
Support Zone and Long Setup:
The support zone lies between $101,058 (Fib 0.618 of Current Wave) and $99,521 (Fib 0.382 of Entire Wave). Within this range, a laddered long position can be constructed for a high-probability trade setup.
Long Entry: Between $101,058 and $99,521
Stop Loss: Below $98,500
Take Profit: Around $103,000
Risk-Reward (R:R): ~2:1
Confluences for Support Zone:
Anchored VWAP: Projected support around $100K, reinforcing the psychological significance of this level.
Psychological Level: 100K
Fib Retracement: 0.618 + 0.382
Fib Speed Fan (0.5): The speed fan aligns with support near $100K, depending on timing.
Value Area High (VAH): The VAH of the range strengthens the case for the support zone and long setup.
Bitcoin - This Month Will Decide Everything!Bitcoin ( CRYPTO:BTCUSD ) is still rather bullish:
Click chart above to see the detailed analysis👆🏻
In December of 2024, we saw a little pause during the overall bullish crypto bullrun, which was actually quite expected after the recent rally of about +500%. This could still turn into a false breakout, but since everything looks rather bullish, new all time highs are much more likely.
Levels to watch: $70.000, $300.000
Keep your long term vision,
Philip (BasicTrading)
SWING IDEA - JUBILANT PHARMOVAJubilant Pharmova , a diversified global pharmaceutical and life sciences company, offers an attractive swing trade setup with the following technical factors.
Reasons are listed below :
Break of 1000 Resistance : The price has decisively broken above the significant 1000 level and is sustaining, indicating strength and bullish momentum.
Consolidation Breakout : The stock is breaking out of a consolidation phase lasting over 6 years, suggesting a potential long-term uptrend.
Volume Spike : Increased trading volumes highlight growing investor interest and support the breakout.
Engulfing Candle : A bullish engulfing candle on the weekly timeframe reflects strong buying sentiment.
Target - 1450 // 1590
Stoploss - weekly close below 1030
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@visionary.growth.insights
Solana - It Just Looks Super Bullish Now!Solana ( CRYPTO:SOLUSD ) is creating a break and retest:
Click chart above to see the detailed analysis👆🏻
With the last monthly candle of more than +40%, Solana broke all resistance towards the upside and finally created a new all time high. Now we are seeing the perfect retest of the previous resistance which is now turned support and another strong move higher is absolutely possible.
Levels to watch: $200, $400
Keep your long term vision,
Philip (BasicTrading)
XIAOMI (1810): Another All-Time High Surpassed!A new all-time high has been reached 🎉
XIAOMI has been surging non-stop since August 2024, with our position now up 180% since our entry back in March. We are taking our next profit here and letting the rest run.
Xiaomi experienced significant growth in 2024, bolstered by China’s economic development and government support. The Chinese government implemented subsidies to stimulate demand for electronics, heavily favoring the stock. These policies aimed to strengthen domestic consumption and accelerate technological modernization.
In March 2024, Xiaomi introduced its first EV, the SU7 sedan. By November, the company exceeded its initial targets, raising its annual delivery forecast to 130,000 vehicles.
Technically, it is safe to say that we are trading in a wave 3, but the key question remains: for how long and what price level will it target? Analyzing the chart, it makes the most sense to anticipate a very large and sharp wave 3, with the same dynamics for wave ((3)). While the possibility of even higher surges exists, historical patterns suggest the likelihood of a rounding top formation as multiple waves come to an end.
We don’t believe our entry level will ever be retested, but we remain cautious with new entries for now, closely monitoring the chart for further developments.
Bitcoin - It Will Reach $100.000!Bitcoin ( BITSTAMP:BTCUSD ) will break out soon:
Click chart above to see the detailed analysis👆🏻
Everything, and I literally mean everything, is bullish on Bitcoin. The previous cycles, timeframes, market structure and price action are all pointing towards the continuation of the bull run which started in 2023. And a breakout above the all time high, is the next trigger.
Levels to watch: $70.000, $100.000
Keep your long term vision,
Philip (BasicTrading)
NEAR Protocol NEAR
Comprehensive Analysis of NEAR Protocol (NEAR/USDT) ✨⚡
Introduction NEAR Protocol is an innovative blockchain project that has gained a prominent place in the cryptocurrency market by focusing on scalability, high efficiency, and cost reduction. Today's analysis examines the technical trend of NEAR in the weekly timeframe and identifies the best entry and exit points. ✨⚔️
1. Technical Analysis
1.1 Key Support and Resistance Levels
Support:
NEAR is currently at a key support level around the 0.618 Fibonacci retracement (4.832 – 4.993 USD), making it an important entry point. ✨
If this support is lost, the price may drop to the bottom of the range box (3.099 – 3.580 USD).
Resistance:
The first significant resistance is the yellow zone (5.369 – 5.731 USD), which poses a barrier to further price ascent. A breakout of this resistance on the daily timeframe could confirm a step-by-step entry strategy.
The primary resistance is at the red zone (7.380 – 8.430 USD), overlapping with the top of the range box. A breakout above this level could trigger a bullish wave toward Fibonacci targets.
1.2 Bullish Targets (Targets)
First target: Fibonacci 1.618 (11.921 – 13.771 USD) 🌟
Second target: Fibonacci 2.272 (20.273 – 23.379 USD) 🌈
1.3 Bearish Scenario
If the key support levels are lost, the price could fall to the second gray support zone (1.715 – 1.940 USD). ⚠
2. Indicators and Momentum
2.1 RSI Indicator
The RSI is currently in the supportive range (45.63 – 49.42), indicating increasing momentum. If RSI enters the overbought zone (76.83 – 79.85), it could signal the start of sharp movements toward the aforementioned targets. 🔥
2.2 Volume
Volume plays a key role in confirming resistance breakouts. If there is an increase in volume near resistance levels, the likelihood of a breakout is higher. Otherwise, the price may remain within the current range box.
3. Entry Strategy and Risk Management
3.1 Entry Strategy
Step-by-step entry:
Initial entry within the support zone (4.832 – 4.993 USD)
Add volume if the yellow resistance (5.369 – 5.731 USD) is broken
Final confirmation:
Breakout of the red resistance (7.380 – 8.430 USD) and increase volume.
3.2 Risk Management
Stop-loss:
Place the stop-loss at the bottom of the range box (3.099 USD).
Risk-to-Reward Ratio:
A minimum ratio of 1:3 for the proposed entries.
4. Future Price Movement Predictions (Scenarios)
Bullish Scenario
A breakout above the yellow resistance and stabilization above it could push the price to the top of the range (7.380 – 8.430 USD).
A move past the range top would start a bullish trend toward the Fibonacci targets (11.921 – 13.771 USD).
Bearish Scenario
Losing the 0.618 support and the bottom of the range will lead to a decline to the zone (1.715 – 1.940 USD).
5. Conclusion
NEAR is currently at a critical level that may soon lead to significant price movements. By employing a step-by-step entry strategy and proper risk management, one can take advantage of this opportunity. Continuously monitoring trading volume and price behavior near resistance and support levels is key to success in this market. ✨
Always compare your analysis with other reliable sources and follow sound capital management principles. 🚀
Google - Catch The 2025 Bullrun Now!Google ( NASDAQ:GOOGL ) is preparing for a strong year 2025:
Click chart above to see the detailed analysis👆🏻
So many confluences on Google are pointing to a strong year of 2025. First of all we have the resistance trendline breakout which we saw a couple of months ago and bears were also not able to significantly push price lower after we saw the retest of resistance. This is soo bullish.
Levels to watch: $220
Keep your long term vision,
Philip (BasicTrading)