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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.
Long
by titankarma
Gold (XAU/USD) Consolidating Within Symmetrical TriangleChart Analysis: Gold is trading within a symmetrical triangle pattern, reflecting a phase of consolidation as price tightens between converging trendlines. The current price of $2,611.97 is near the middle of the range, with both upward and downward breakouts possible. 1️⃣ Symmetrical Triangle: Price action is consolidating within the converging trendlines. A breakout above the upper boundary ($2,650) or below the lower boundary ($2,570) would provide the next directional clue. 2️⃣ Moving Averages: 50-day SMA (blue): Positioned at $2,667.53, acting as a dynamic resistance just above the triangle. 200-day SMA (red): Positioned at $2,477.51, providing long-term support well below current price levels. 3️⃣ Momentum Indicators: RSI: At 44.34, trending slightly bearish but still neutral, indicating room for further movement in either direction. MACD: Negative but flattening, signaling waning bearish momentum during consolidation. What to Watch: A breakout above the upper boundary of the triangle and the 50-day SMA could signal a bullish continuation, targeting prior highs near $2,750. A breakdown below the lower boundary may lead to further declines toward the 200-day SMA near $2,477. Gold is at a pivotal point, consolidating within a symmetrical triangle. A breakout in either direction will likely determine the next major move. -MW
FOREXCOM:XAUUSD
by FOREXcom
$BTC following yesterday's updatesYesterday I was initially a bit skeptical that we might not have corrected hard on an Eliot wave yet. But after I delved more into the charts and the altcoins around them, I became more and more positive. Now we actually seem to be getting a bullish breakout that looks solid for now there are a few zones that are super important to keep an eye on. There are a lot of bears on the road around 97k. (Dutch pronunciation: Meaning obstacles on the road) If we manage to break the bears and have the 100k in sight again, that is our last piece of trouble to complete the bull run. For now, wish you a very Merry Christmas Eve and Merry Christmas. More later Be kind to each other and the world!
BINANCE:BTCUSDLong
by RidgerR
SWING IDEA - POLYPLEXNSE:POLYPLEX has hit its 3 year low of 800 levels recently. At this zone, it can been that while the Price Action has been making Lower Low Pattern, the MACD however is starting to form a Higher High Pattern. This MACD Higher Higher Pattern the recent crossover as well indicates a move in the upward direction. Follow Strict Stop Loss here as any weekly closing below the Swing Low levels can only take the stock further downward. This could potentially be a High Risk High Reward Trade. Take it only based on your Risk Appetite and Management.
NSE:POLYPLEXLong
by thepranam
Again TLT, again 108 targetI’m still supporting 20+ bonds, and this time I’ve chosen the technical approach. I’m not entirely sure if I’ve made the correct calculations using the XABCD pattern, but the picture seems accurate. When the market has concerns about tax reductions, strict measures against migrants, sanctions, etc., and how all of this will affect prices and, specifically, inflation, don’t forget to consider the opposite side of reality. Before all these factors fully materialize, it will take years. During those years, the Trump administration is preparing to make aggressive cuts in public spending, introduce new optimization plans, and more. This can have a direct negative impact on both inflation and the labor market.
NASDAQ:TLTLong
by gorgevorgian
SCHD Long-Term Outlook - 40%+ in the Next 3 YearsTicker: SCHD (Schwab U.S. Dividend Equity ETF) Timeframe: 1M (Monthly) Analysis: SCHD has consistently shown strong performance since its inception, benefiting from a diversified portfolio of dividend-paying stocks. The chart highlights a classic Elliott Wave structure: Wave (1): Initial growth phase after inception. Wave (2): Consolidation during the 2015-2016 market slowdown. Wave (3): Long-term bullish rally, supported by broader market trends and stable dividends. Wave (4): Recent pullback due to macroeconomic headwinds (rising rates, inflation concerns). Wave (5): Forecasted bullish continuation toward $36.63 (Target 2), with an interim target at $32.64 (Target 1). The ETF's resilience through economic cycles and its consistent dividend growth make it an excellent candidate for long-term portfolios. Key Levels - Entry Zone: Current price around $27.37. - Target 1: $32.64 (+19% from current levels). - Target 2: $36.63 (+33% from current levels). I- Invalidation: A breakdown below $24.00 would negate the bullish wave structure. Fundamentals - Dividend Yield: ~3.5% (Varies slightly due to reinvestments). - Macro Outlook: Dividend-focused ETFs like SCHD are attractive in high-rate environments due to their steady cash flow. This complements a balanced portfolio seeking growth and income. - Sector Weighting: Heavy allocation toward financials, healthcare, and consumer staples—stable industries in uncertain markets. Conclusion SCHD presents a compelling long-term growth opportunity with solid dividend reinvestment potential. Investors looking for a buy-and-hold strategy should consider adding this ETF to their portfolios, especially for retirement-focused accounts like Roth IRAs. 📈 Let me know your thoughts! Are you holding SCHD in your portfolio?
AMEX:SCHDLong
by MrStockWhale
Analysis of gold price trend this week--2630--2680Analysis of gold price trend this week, fluctuation range - 2630-2680 "Gold investors are like gamblers - they just wear nicer suits and call their losses 'portfolio adjustments. Predicting gold prices is like predicting the weather - the weather is less often wrong!'" Williams' gold weather forecast: Theoretical basis: straight lines belong to humans, curves belong to God Obviously, the remarks of Trump and Powell are like Chinese crosstalk. They are singing a double act, Trump plays the red face and Powell plays the black face. Together, they reap the wealth of the world. God's perspective - as shown in the figure: We use the S line to symmetrically divide all trends, and we can draw a clear conclusion: The gold price around 2630 is a normal rebound, but it also means that this wave of market has been digested. Next, the gold price will move out of the new S line: The most likely fluctuation range: 2630-2680 It is obvious: 1: If the gold price falls in the future, it is likely to fully absorb funds at 2630-2680, which means that the gold price will continue to rise in the short term. 2: If the gold price rises in the future, it is likely to stabilize at 2630 and fully adjust, which means that the gold price will continue to rise in the short term. 3: If the gold price fluctuates in the future, from a macro-cycle perspective, it is likely to fluctuate in the range of 2630-2680, which means that the gold price will continue to rise in the short term. Summary of this week: Gold price adopts a low-multiple approach, macro strategy reference: BUY: 2620-2630 SL: 2600 TP: 2680 Specific operations, I will continue to follow up on ideas. If you are interested in my analysis, you can discuss it in the comment area, and I will explain, share and communicate with you one by one
OANDA:XAUUSD
by Brad_Williams
3
Total 3At the moment, I am expecting the TOTAL3 index (the total market capitalization of altcoins excluding BTC and ETH) to enter the discount zone, which usually corresponds to areas of strong oversold conditions. The RSI (Relative Strength Index) is already close to the 30 level, signaling a potential reversal or at least a slowdown in the decline. Typically, such a zone becomes attractive for purchases as it represents points where the risk is reduced, and the growth potential is high. However, it’s important to consider overall market dynamics, external macroeconomic factors, and the behavior of major players. I am continuing to monitor the RSI level and price reactions at key support zones.
CRYPTOCAP:TOTAL3Long
by dubpolice55