Micron Technology - The Textbook Chart!Micron Technology ( NASDAQ:MU ) is retesting massive support:
Click chart above to see the detailed analysis👆🏻
For the past seven year, Micron Technology has been respecting a pretty clear rising channel pattern. With the recent all time high breakout, it is very likely that this level is now holding as support and we will eventually see a rejection and new all time highs.
Levels to watch: $90, $180
Keep your long term vision,
Philip (BasicTrading)
Beyond Technical Analysis
theta long sell limit"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
UXLINKhello friends
very very interesting chart on UXLINK, what a correction, huge and scary one for those who maybe forgot to set SL.
what will no happen with this kind of chart, i am thinking to wait few more hours, maybe i can open a long position during this night, or maybe tomorrow morning..
whatever you decide to do, never use more than 1/4 of your budget, low lev max x10 and always cross.
dyor
nfa
Sentiment Cycle Indicator in Action Mode (PAID)Take a look at the current BTC chart with our Sentiment Cycle Indicator in action. It has done an excellent job of capturing market moves and sentiments. The green background represents bullish sentiment, red indicates bearish sentiment, and the white areas signify sideways momentum, which I call the No Trading Zone.
AND IT IS AN ALL ROUNDER INDICATOR.. YOU CAN USE IT FOR SCALPING, INTRADAY OR SWING TRADING, IT WONT LET YOU DOWN.
In this 15-minute chart, you can see how effectively it has performed. During choppy market conditions, where multiple buy and sell signals occurred, these can be filtered out by increasing the minimum signal distance. For example, setting the distance to 20 will significantly reduce the signal frequency, helping you focus on higher-quality trades.
This indicator doesn’t just assist with sentiment analysis; it complements your technical strategies. For instance, when the market trades near a top and you’re unsure of its direction, the indicator helps identify potential reversals with precision.
Let’s look at some examples:
• A Sell Signal at 1,06,027 captured a massive 8,000-point move.
• A sharp 8,000-point upward move was also identified with a perfect buy signal.
• Another Sell Signal at 1,08,000 resulted in a 7,000+ point drop.
• Even during sideways markets, a signal at 1,02,541 captured a 2,000-point move.
This shows the indicator’s capability to adapt across different market conditions—whether trending or sideways. If you’d like to know more about this powerful tool or its pricing, feel free to reach out. Thank you!
Will Doge experience the same downfall as Trump-related coin?Hello and greetings to all the crypto enthusiasts, ✌
Reading this educational material will require approximately 10 minutes of your time. For your convenience, I have summarized the key points in 15 concise lines at the end . I trust this information will prove to be insightful and valuable in enhancing your understanding of Dogecoin and its role in the global financial landscape.
Considering the increasing prominence of Dogecoin within Elon Musk's business ecosystem, alongside its widespread use in transactions across Musk-associated ventures, it is clear that Dogecoin has evolved into a significant asset under his influence. Musk's personal advocacy for Dogecoin has played a pivotal role in propelling the cryptocurrency into the mainstream, further solidifying his unique position as one of the most influential figures in the space. While Musk had previously commented on Bitcoin, it was his substantial involvement with Dogecoin that truly bridged the gap between the business world and the cryptocurrency sphere. In many ways, Dogecoin has become the first cryptocurrency to firmly connect Musk to the broader crypto universe, cementing its place in both the financial and digital landscapes.
Given Musk’s vocal and continued support for Dogecoin, it is unlikely that the cryptocurrency will be abandoned or face a sharp decline in the immediate future. On the contrary, Dogecoin is more likely to continue benefiting from Musk’s endorsement and growing presence in the crypto space. Musk’s influence has consistently provided Dogecoin with a distinct advantage, and its relevance appears set to endure as long as he remains a key figure in the industry. However, it is important to acknowledge that the rapidly evolving cryptocurrency market means new competitors could emerge, potentially impacting Dogecoin's market share.
A notable example of this dynamic can be seen in the rise of projects such as Floki, a cryptocurrency that capitalized on the trend of leveraging high-profile personalities and branding. Similarly, there is a possibility that new cryptocurrencies and blockchain projects, either tied to influential figures or emerging through novel technological advancements, could pose a challenge to Dogecoin's dominance. History has shown that when market sentiment shifts toward a new project, as seen with Trump-themed tokens, the market can experience significant turbulence. For instance, the introduction of a unified "Trump" token caused a sharp decline in the value of individual tokens associated with the former president, while the price of the consolidated token surged in a matter of days, illustrating the market’s tendency to react to branding efforts and centralized strategies.
At present, there is growing anticipation surrounding the new initiatives being developed by the team behind Company X, particularly the upcoming launch of XMoney — a blockchain-powered platform that promises to revolutionize payment systems across Musk’s various ventures, including Tesla and SpaceX. This platform is designed to provide a seamless, decentralized payment infrastructure for all of Musk’s business activities, potentially increasing the demand for Dogecoin as a payment method. Such innovations could further cement Musk’s role as a leader in the integration of cryptocurrency within established industries. However, further clarity is needed to assess the long-term impact of these developments on Dogecoin and the broader cryptocurrency ecosystem.
In addition to these projects, the connection between Elon Musk and former President Donald Trump is worth noting. Trump’s recent engagement with the cryptocurrency market, coupled with Musk’s own deep ties to crypto, has sparked new levels of interest in digital assets. This growing intersection between high-profile figures and the crypto space is injecting a fresh wave of volume into the market, providing additional upward momentum for Dogecoin and other associated assets. As the market responds to this new influx of attention and liquidity, it is conceivable that Dogecoin could benefit from this renewed interest, with its price being driven higher as a result.
Looking at the technical side of things, the indicators for Dogecoin are becoming increasingly positive. Analysis suggests that the coin may be on the verge of a breakout from its current parallel price channel, signaling the potential for a significant price surge. If the asset can successfully break through key resistance levels, it could usher in a new bullish phase, leading to notable price appreciation in the short to medium term. This possibility is further supported by Musk’s continued influence in both the tech and crypto spaces, which often drives market sentiment in a way that is difficult to replicate.
Moreover, the broader context of the cryptocurrency market points to several key trends that could shape the future trajectory of Dogecoin. The ongoing development of blockchain technology, the increasing institutional adoption of cryptocurrencies, and the growing recognition of crypto as a legitimate asset class all contribute to the long-term bullish outlook for many cryptocurrencies, including Dogecoin. As these factors converge, it is likely that Dogecoin will remain a key player in the market, provided it continues to evolve alongside the technological and regulatory changes taking place in the industry.
The role of artificial intelligence (AI) in the crypto market cannot be overlooked either. As AI technologies continue to advance, they are expected to have an increasing influence on cryptocurrency trading and market dynamics. Musk, as a key figure in both AI development and the crypto space, may look to leverage AI-driven tools to further enhance Dogecoin's appeal and utility. The integration of AI into crypto trading platforms, risk management systems, and even blockchain applications could make cryptocurrencies like Dogecoin more accessible and efficient for users, boosting their mainstream adoption.
Furthermore, the regulatory landscape surrounding cryptocurrencies will play a critical role in shaping their future. While the regulatory environment remains uncertain in many regions, the increasing push for clearer regulations could provide more stability to the market. As governments and financial institutions establish frameworks for crypto adoption, established cryptocurrencies like Dogecoin could see increased legitimacy and integration into traditional financial systems, further elevating their market position.
🧨 Our team's main opinion is: 🧨
Dogecoin’s growing role in Elon Musk’s business ventures has solidified its position in the crypto world. Musk's strong personal support has been crucial in driving Dogecoin's popularity, making it the first cryptocurrency that truly connected him to the space. As long as Musk continues to back Dogecoin, it's unlikely to face a significant decline, though competition from new cryptocurrencies or projects could pose a challenge.
The recent launch of projects like Floki shows how quickly new assets can rise, and similar shifts could happen in the future. Musk's plans for XMoney, a blockchain payment system for his companies like Tesla and SpaceX, may increase demand for Dogecoin further. Additionally, Musk's relationship with Trump has added more attention to the crypto market, potentially driving Dogecoin's price higher.
Technically, Dogecoin is showing positive signs, with analysts predicting a potential breakout. The ongoing growth of blockchain, increasing institutional interest, and advancements in AI could all contribute to Dogecoin’s future success. As the market matures and regulations become clearer, Dogecoin’s position in the crypto landscape remains strong, benefiting from Musk’s influence and the evolving crypto ecosystem.
Give me some energy !!
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DOGE: Mint Green for $1 … 3xHello,
This mint green trace is my favorite of the day. A recent projection front eh 30 minute time frame.
We can also see how the recent movements align us with some of the other forces at play on various time frames.
We are aligning signature harmonic patterns, and then fitting the projections to the laser beam levels. Solid are support, which become resistance for the forward projection. Dots are resistance, which of course become support.
The harmonic patterns can compress and expand a bit as they propagate through the time frames. Therefore, it is best to fit the projections to the levels. I try to prioritize the recent major level movements in the fit. And it is interesting to note how the history may be expanded or compressed relative to the fit tot he recent levels. This can give us insight into Doge’s attitude relative to that projection. I like to interpret this like i would playing with my Aussie Dog. More or less enthusiastic, or exhausted and a rest is needed before the next run…
Doge Represents the emotion of unconditional love… mans best friend does also. This is different than the fear and greed that dominate the other currencies. How’s it make you feel?
Dogecoin(DOGE)Price Action Potential in 2025 $0.82, $1.11or $24?As of January 22, 2025, Dogecoin (DOGE) is trading around $0.38, showing signs of strong market interest. The recent price action reflects DOGE's resilience in the current market environment. Let's analyze its potential:
Key Highlights:
(1) Current Price Movement:
🟢 Trading Range: $0.3368 (low) - $0.3969 (high)
🟢 Daily Change: +2.67%
(2) Recent Developments: Elon Musk’s involvement as head of the Department of Government Efficiency (DOGE) has significantly boosted investor confidence, resulting in an 88% price increase post-announcement.
Price Predictions:
🟢 Short-Term Potential (Ali Martinez Analysis): If DOGE holds above $0.37, it could rally to $0.82, a 120% upside.
🟢 Mid-Term Projections (CoinCodex): Machine-learning models estimate DOGE could hit $1.11 by April 2025, marking a potential 200% gain.
🟢 Long-Term Speculation (Social Media Analyst): Some projections, though highly speculative, suggest DOGE could reach $24, contingent on significant market shifts.
Market Sentiment & Risks:
While optimism is high, the cryptocurrency market is inherently volatile. Key factors to watch include:
🟢 Regulatory changes impacting broader crypto adoption.
🟢 Macroeconomic trends like inflation and monetary policies.
🟢 Technological developments influencing DOGE’s utility and scalability.
Conclusion: Dogecoin’s price action remains promising, but caution is advised. Always research thoroughly and assess your risk tolerance before making investment decisions.
Study Source URLs:
(1) Elon Musk's Appointment Impact: The Times - Will Dogecoin Price Be Boosted by Elon Musk’s New Job?
(2) Ali Martinez Analysis: Blockonomi - DOGE Price Analysis: Key Indicators Point to Possible 120% Upside for Dogecoin
(3) Mid-Term CoinCodex Prediction: The Tribune - Bullish Signals Indicate Dogecoin Could Hit $5, Say Crypto Experts
(4) Long-Term Speculation: The Financial Analyst - Analyst Predicts Dogecoin Could Soar to $24, Sparking Community Buzz
Feel free to share your thoughts and charts in the comments! 🚀
"Dynamic Trendline Theater" "Pivot ray trend lines illuminate the direction of price movement, with the skull marking the exact spot where spoofing was initiated. Bold red horizontal rectangles represent my custom pivot zones, perfectly aligned with my VWAP and custom candlestick patterns.
The three red arrows strategically highlight potential points where the price might begin its ascent, carving a pathway upward from the trendline rays like a rocket waiting to be launched.
Pay close attention to the trendline rays—they’re not just lines; they’re pathways with purpose.
Watch how the price dances in waves, teasing upward progress, only to drop back down, retracing its steps along these pivotal pathways. The story unfolds in waves, and the price will reveal its intentions as it navigates these mapped-out trajectories."
I’ve laid a copy over the original chart, so please ignore the dates from the original chart. The prices are nearly aligned, so the focus should remain on the overall analysis rather than specific dates.
For Viewing the Chart Copy Clearly (with Dates and Prices, if needed):
• On Mobile Devices:
Rotate your screen horizontally and use a browser to view the chart. This will allow you to move the copy around for better visibility.
• On PC or Laptop:
You can manually adjust the overlay by dragging it to explore the chart in greater detail.
Chart Compression:
The copied chart may appear slightly compressed, but it is closely aligned with the original chart in terms of price structure. Any minor discrepancies in alignment should not affect the overall analysis.
This idea is intended to highlight patterns and provide insights, not to pinpoint exact dates or price levels. Use these visuals as part of a broader, flexible strategy rather than fixed predictions or outcomes.
"Climbing the Grid BTC Edition"
"Roll the Clip: The Sentiment Trap" Let’s make this clear: this idea does not target a short position. While the exact timing of the next fall remains unconfirmed, I’ve outlined a potential movement starting from the yellow arrow at the $108K zone, extending downward to the gap area. The price could settle anywhere between $73,653 and $88,965, leaving the end result uncertain.
This chart is based on a 2-week timeframe. I will later create ideas on shorter timeframes to provide a more detailed breakdown of price movements. My auto trendlines will populate with plots that map out the trajectory of the price. As of now, this idea is about 25% complete, and the full story will unfold across subsequent ideas. Sharing everything here would only clutter the analysis.
Key Observations from This Idea:
The Triangles (Space Patterns):
The first white triangle represents the "space" formed during the broadcasting of the second wave.
The second white triangle reveals a similar space being formed, indicating that at some point, the price may need to revisit and fill this area space, just as it did with the first space. The gap reads like a magnet.
Custom Wicks and Trendlines:
My custom wicks display a clear relationship with the trendlines. While traditional wicks may suggest room for further uptrend, my analysis shows that the cycle from the previous All-Time High (ATH) has completed.
ADX and +DI Movement:
Pay attention to the ADX and +DI. When both move in the same direction, it signifies bullish momentum.
This suggests that despite any bearish sentiment during price declines, Bitcoin is likely gearing up for another wave surpassing the $108K mark.
The green arrow pinpoints where the $108K target was filled. From the bottom of the lime rectangle to its end, +DI began its journey to a new ATH. During this phase, ADX initially did not align with +DI, creating a bearish outlook in technical analysis. This misalignment triggered global fears of a Bitcoin crash, which played right into the hands of smart money. Prices were subsequently driven upward.
Crucial Insights:
As ADX and +DI now align in the same bullish direction, we must remain cautious. While this alignment reflects the reality of technical analysis (TA) and suggests Bitcoin's upward trajectory, it’s crucial to recognize the psychological play at hand. Smart money understands that traders will become increasingly bullish due to this signal, which could lead to dangerous overconfidence. When the herd leans too heavily on bullish sentiment, smart money often "rolls the clip" in the opposite direction—toward bearish moves.
Why the ADX and +DI Alignment Matters:
This alignment occurred because Bitcoin was already in motion, and this momentum couldn’t be artificially manipulated—it’s simply how the technicals unfolded. However, this doesn’t mean we should disregard the possibility of a strategic reversal driven by market psychology.
Next Steps:
I will shift my focus to shorter timeframes in my next idea to provide a clearer view of price movements. These shorter timeframes will help refine the analysis and illustrate the potential trajectory with greater precision.
Stay tuned as I continue to unravel the full picture in the upcoming ideas. Each piece will add depth to the narrative and enhance our understanding of Bitcoin’s price dynamics.
"Climbing the Grid: BTC Edition" In this chart, the trendlines are drawn to represent key areas of support and resistance based on price action over time. Here’s how to explain them in simple terms:
1. **Green Trendlines (Support)**:
- These lines are drawn underneath the candlesticks. They show areas where the price found support and moved higher after touching or approaching the line.
- The lower green horizontal line at **89,061.47** represents a strong historical support level, meaning the price previously stopped falling and reversed upward from this area.
2. **Red Trendlines (Resistance)**:
- These lines are drawn above the candlesticks. They represent levels where the price struggled to go higher and reversed downward.
- The upward-sloping red trendline represents a resistance trend where the price is being pushed lower whenever it approaches the line.
3. **Blue Trendline (Broader Trend)**:
- This trendline connects major swing lows over a longer timeframe, showing the general upward momentum of the market.
- It's more of a macro-level line, indicating the long-term bullish direction.
4. **White Trendlines (Neutral or Structural)**:
- These lines form part of the structure, connecting minor pivot points or angles within the trend.
- They give additional context but may not hold as strong as the green and red lines.
5. **Breakout Point (Highlighted with an Arrow)**:
- The red arrow points to an area where the price attempted to break through a resistance level and succeeded, confirming a breakout.
- After breaking past, the price is now approaching **105,346.97**, which could act as a new resistance or continuation level.
In essence:
- **Support lines**: Where the price bounces up.
- **Resistance lines**: Where the price gets rejected.
- The interactions between these lines help predict where the price might go next.
- Bull Flag scenario is likely to unfold
Harmonic Fibonacci Map (Risk Management) From the visual appearance of this harmonic pattern, it most closely resembles a Gartley pattern due to the following key characteristics:
1. **AB Retracement of XA:**
- In a Gartley pattern, the AB leg usually retraces about 61.8% of the XA leg. My AB leg seems to align with this.
2. **BC Extension:**
- The BC leg in a Gartley often extends between 38.2% and 88.6% of AB. My chart appears to fit this range.
3. **CD Projection:**
- The CD leg typically ends around 78.6% of the XA retracement in a Gartley. Based on the harmonic completion zone, this seems plausible.
Why not a Bat or Crab?
- **Bat Pattern:** The Bat requires a deeper retracement of the XA leg (88.6%) for Point D, which my pattern does not seem to meet.
- **Crab Pattern:** The Crab involves an extended CD leg, usually reaching 161.8% of XA or beyond. My CD leg looks more moderate, aligning better with the Gartley.
This is the drop so far, and its outcome depends on how high Bitcoin moves next. Minor corrections could improve the price, and don’t overlook the significance of BTC.D. This idea shouldn’t be ignored.
It’s tailored for short-term traders—take it as an opportunity, not for granted. Use it to compare with your own analysis; you might uncover insights aligned with what I’ve already warned is likely to happen. Any professional trader understands that Bitcoin is due for a correction after such an unnatural spike and I'm not a professional trader, it's what I've learned and applied to myself.
Currently, retail traders are caught up in the hype. We need to wait for this hype-driven bait to subside. In the meantime, we'll observe how altcoins respond.
NASDAQ, all sell signals are about to alignThe Nasdaq is currently showing sell signals on the 60-minute, 120-minute, and 240-minute charts, indicating a high possibility of further decline. If a bearish candle forms on the 240-minute chart as well, the sell signal will be confirmed, making additional price drops inevitable. The direction of the candles is expected to be determined in about 2 hours, and if the price falls, there could be a strong downward shockwave breaking below 21,500, so caution is advised.
On the daily chart, the price is still supported by the 5-day moving average, so it may temporarily appear to rise. However, a clear buy signal has not yet appeared, and the price is likely to test the lower support level around 21,000, potentially forming a double bottom. Aggressive chasing of a buy position is not recommended at this point; it would be more advantageous to sell at the highs. The key support level for buying is projected to be 21,570. If this level is breached, buying from the lower range would be the most favorable strategy.
It is unlikely that a significant upward surge in buying will occur today, so it is better to focus on selling during any price increases.