EURAUD LONG - (Short + medium term direction prediction)Higher Timeframe trend = Buy
Retail trader bias = Sell
Institutional bias = Buy
Short term target = retail trader stoploss zone
I would like to clarify that I dont trade with extended targets like the secondary and tertiary ones marked. This might be handy for people who leave runners on their trades.
Also keep in mind that I am only providing my own SUBJECTIVE potential target levels here. The best thing to do would be to drop down to lower timeframes and look for good areas of value to enter that are part of your own plan.
S : 7
C : 41,59 - 26,74
R : 20-80
Chart Patterns
DeGRAM | GBPUSD rebound in the channelGBPUSD is moving in a descending channel between the trend lines.
Price is moving from the lower boundary of the channel and dynamic support, and is now above the 50% retracement level of the rebound correction.
The chart is maintaining a downward structure.
At the current moment, the pair's chart looks bearish, but is clearly preparing for a reversal, for which a rising bottom is yet to be formed.
We expect the rebound to continue if GBPUSD forms a rising bottom and consolidates above the 50% retracement level.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
Key Moment for RLC: Breakout Opportunity or Bearish Threat?Yello, Paradisers! Is #RLCUSDT setting up for a powerful bullish continuation, or are we facing a bearish rejection? Let’s dive into the key levels you need to watch right now.
💎#RLC has made a strong rebound off its support, showing promising signs of strength. A successful breakout from the falling wedge pattern could confirm a bullish continuation. For this, we need a daily close above the trendline to validate the breakout. If this happens, the next target would likely be the minor resistance at $2.67. This level is crucial because a breakout here could lead to the highest probability of reaching the major resistance level.
💎If RLC fails to break the falling wedge and faces rejection with bearish candles, the price might drop back to retest the support zone around $1.87–$1.72.
💎The real concern arises if RLC fails to rebound from this support and breaks below it. In this case, the price would likely continue its downward trajectory toward the strong support at $1.30.
💎The $1.30 level represents the last line of defense for the bullish scenario. A rebound from here, followed by a reclaim of the $1.87 support, is necessary to reignite bullish momentum.
💎However, if RLC breaks below the major support at $1.30 and a daily candle closes under this level, it would confirm a bearish trend, with the potential for further downside and deeper dips.
Strive for consistency, Paradisers, and trade smart. This market rewards the disciplined and punishes the impulsive. Let’s stay focused and make the best decisions possible.
MyCryptoParadise
iFeel the success🌴
Nasdaq100 Short Weekly ChartNasdaq100 Short Weekly Chart, Price after big and small AB=CD + BB+ Trendline+ Engulfing candle at the top, price should go now to Take profit 1 area, and from there if will not be a real support it will go to test the SMA200, for take profit 2 odds are much more small but possible
VIB/USDT - 1000% GEM!I'm observing a strong global triangle pattern on the chart, hinting at a significant bullish breakout. Additionally:
Cluster Analysis: Large buyers are actively absorbing retail sell orders, creating a strong demand.
Order Book: Massive BID orders are stacked under the current price, reinforcing a solid support zone.
Also Vibrate had the biggest buys on the pair to ETH which i ever seen, but Binance removed the pair, idk why.
This aligns with a high-probability setup for explosive growth. I’m holding long and targeting a minimum of 1000%. Patience will pay off!
Now Vibrate aprox #900 CoinMarketCap. I wait this coin in 100-200 like a #AUDIO in the last bullish market.
BTC/USD 4 HOUR CHART FALL WARNING BARTS HEADIn this idea I illustrate how we are on a Barts head falling to 86-87k range. The reason I believe this has been missed by a lot of people is the slanted angle of it as we are on a hard uptrend. Tilt your head and see what I mean...I hope this helps you. Much love - ND
NIFTY : Trading Levels and Plan for 24-Dec-2024Plan vs. Actual Performance (23-Dec-2024) - Nifty:
In today’s session, Nifty closely followed the levels and zones highlighted in the trading plan:
The index opened within the Opening Resistance/Support Zone (No Trade Zone) , as indicated in the plan. Price action remained muted here, showing indecision, aligning with the expectation of limited opportunities in this area.
The attempted move towards the Last Intraday Resistance Zone (23,953-24,058) failed, with prices reversing near resistance, confirming the bearish projection (red trend).
Later in the session, the index approached the Buyer’s Support Zone (23,194-23,281) . Prices showed signs of stabilization, reflecting the plan's green trend projection for potential reversal or support testing.
Key Takeaway: The plan accurately captured the market's reaction to critical levels, reinforcing the importance of patience in the No Trade Zone and the effectiveness of the support/resistance zones for planning entries.
This reflects the value of adhering to a well-defined trading framework.
This analysis will help us prepare for the trading day on 24-Dec-2024, considering different opening scenarios.
Trading Plan for 24-Dec-2024
Gap Up Opening (100+ points above 23,747.20)
If the market opens above 23,847.20, it indicates a strong bullish sentiment. The first resistance level to watch is 23,863.00 (Opening Resistance). If the price sustains above this level, the next target is 23,976.00 (Last Intraday Resistance for retracement).
In case the price breaks above 23,976.00, the next target is 24,009.00. A sustained move above this level can lead to the Profit Booking zone at 24,128.00.
If the price fails to sustain above 23,863.00, look for a potential retracement to 23,739.30. This could indicate a sideways trend (yellow line) or a bearish reversal (red line).
Flat Opening (around 23,747.20)
A flat opening suggests indecision in the market. The immediate level to watch is 23,739.30. If the price holds above this level, it could indicate a bullish trend (green line) towards 23,863.00.
If the price breaks below 23,739.30, the next support level is 23,611.00 (Opening Support Zone at Buyer’s retracement zone). A break below this level could lead to a bearish trend (red line) towards 23,547.00.
Monitor the price action around 23,863.00 for potential resistance. A break above this level could lead to targets of 23,976.00 and 24,009.00.
Gap Down Opening (100+ points below 23,747.20)
A gap down opening below 23,647.20 indicates bearish sentiment. The first support level to watch is 23,611.00. If the price holds above this level, it could indicate a potential retracement (yellow line) towards 23,739.30.
If the price breaks below 23,611.00, the next target is 23,547.00. A sustained move below this level could lead to further downside towards 23,447.00.
In case of a retracement, monitor the price action around 23,739.30 for potential resistance. A break above this level could lead to targets of 23,863.00 and 23,976.00.
Risk Management Tips for Options Trading
Always use stop-loss orders to limit potential losses.
Avoid over-leveraging your positions; trade within your risk tolerance.
Diversify your trades to spread risk across different assets or strategies.
Keep an eye on implied volatility, as it can significantly impact options pricing.
Regularly review and adjust your trading plan based on market conditions.
Summary and Conclusion
In summary, the trading plan for 24-Dec-2024 involves monitoring key support and resistance levels based on the opening scenario. By understanding the potential price movements and trends (yellow for sideways, green for bullish, and red for bearish), traders can make informed decisions. Always practice good risk management to protect your capital.
Disclaimer : I am not a SEBI registered analyst. This analysis is for educational purposes only and should not be considered as financial advice. Always do your own research before making any trading decisions.
Bitcoin Domiance Confirms Alt Season is Upon UsI’ve recently been cautious about entering the market due to concerns that Bitcoin’s bearish outlook might drag altcoins down further. My worry was that there could be more downside for alts. However, today’s price action has provided some much-needed clarity—and it’s looking positive.
I shared an idea about Bitcoin dominance bouncing off the 0.618 Fibonacci level back in 2021, which marked the start of altcoin season. Interestingly, we saw a similar setup this November. Bitcoin dominance reached 59.96%, rejected the 0.618 Fib level, and started declining—a promising signal for the start of another alt season. Altcoins initially rallied as dominance fell to 58.03%, but then dominance bounced back up, causing alts to pull back.
What caught my attention, though, was how dominance behaved more recently. On December 22, dominance attempted to climb but topped out at 59.27%—lower than the November high of 59.96%—before posting a notable drop today and setting a lower low today. This is a very positive development for altcoins.
There’s still a lingering concern about Bitcoin’s bearish potential. I’m worried that BTC could revisit its previous all-time high, experiencing a 31% correction down to $73,000. This aligns with historical data from 2021, when Bitcoin saw a 31% drop after dominance hit the 0.618 Fib level. This scenario remains on the table.
However, what I hadn’t fully considered until now is how the altcoin market behaved during Bitcoin’s correction in January 2021. When BTC dropped 31%, the altcoin market surged as illustrated above. This indicates a decoupling effect, where money flows out of BTC and into alts, fueling an altcoin rally even as Bitcoin corrects.
We saw a similar dynamic today. When BTC dropped to $92,000, it had little to no impact on the altcoin market. This decoupling reinforces the idea that altcoins can thrive even during Bitcoin’s downturns.
With these patterns playing out, I’m now confident that we are on the verge of—or already entering—altcoin season. 🚀
Bearish reversal?EUR/JPY is rising towards the resistance level which is an overlap resistance that aligns with the 61.8% Fibonacci projection and also slightly below the 88% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 164.96
Why we like it:
There is an overlap resistance levle that lines up with the 61.8% Fibonacci projection.
Stop loss: 166.65
Why we like it:
There is a pullback resistance level.
Take profit: 162.65
Why we like it:
There is an overlap support level.
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BTCUSD BUY ANALYSIS (READ CAPTION)hello traders! share your opinion on this analysis.
current price: 937000
BTC is about to fly soon. Market is moving above supporting area as market has already rejected this low position multiple times. now from this position BTC will go upward and fly. its first target will be to hit 98000 and after this market will try to cross 100000.
Key points:
Supporting Area: 93000, 92200
Resistance: 96000, 99000
Note:
Target 1: 98000
Target 2: 102000
Stop Loss: 91500
kindly like, comment and support.
FET/USDT Chart Analysis and Trade Setup. FET/USDT has broken out of a descending trendline, confirming bullish momentum.
The consolidation along the trendline suggests a potential continuation toward the target.
The price has reclaimed the moving average (purple line), which now acts as dynamic support, strengthening the bullish case.
Around $1.27 after a successful retest of the breakout level.
Below $1.24 to minimize downside risk.
Take Profit Levels:
TP1: $1.50 (interim resistance)
TP2: $1.62 (major target)
Ensure a steady increase to confirm breakout strength.
Watch for overbought conditions near $1.60.
FET/USDT has strong bullish potential after the breakout. A well-placed stop loss and high reward potential make this a favorable trade setup. Monitor closely for volume and momentum confirmations.
DYOR, NFA
@Peter_CSAdmin
$AMD GAP FILL 138 & 160A stock gap occurs when there's a significant jump in a stock's price after market closure, typically driven by some news. When this gap is filled, it indicates that the stock's price has reverted to its pre-gap, or "normal," level. This common occurrence happens as the price stabilizes after the initial rush of buying and trading sparked by the news subsides.
Exhaustion gaps are usually the most likely to be filled because they indicate the end of a price trend.
BUY NOW
According to 30 Wall Street analysts who provided 12-month price targets for Advanced Micro Devices over the past three months, the average price target is $182.18. The high forecast is $220.00, and the low forecast is $145.00. This average price target indicates a 46.14% change from the last price of $124.60 (as of 12/23/2024)
NASDAQ:AMD 's growing presence in the markets for central processing units (CPUs) and graphics processing units (GPUs) is poised to drive significant stock gains. We foresee a robust outlook for the semiconductor specialist's Epyc CPUs in the server and data center segment, as well as strong performance from the company's M1350 and M1400 GPUs.
+ NASDAQ:AMD net profit YoY grew by 777.88% which is 633.31% above its peer average
+ NASDAQ:AMD revenue has grown by 17.57% YoY from Q3 2023 to Q3 2024
+ NYSE:MD EPS is forecasted to grow by 41.26% YoY from Q4 2023 to Q4 2024
+ NASDAQ:AMD has a lower debt to equity ratio (3.02%) compared to its peer average (33.87%)
+ NASDAQ:AMD 's debt to equity ratio has reduced from 40.07% to 3.02% over the past 5 year
Bearish drop?AUD/JPY is rising towards the resistance level which is a pullback resistance and could drop from this level to our take profit.
Entry: 98.64
Why we like it:
There is a pullback resistance level.
Stop loss: 99.83
Why we like it:
There is a pullback resistance level that aligns with the 161.8% Fibonacci extension.
Take profit: 97.18
Why we like it:
There is a pullback support level that aligns with the 50% Fibonacci retracement.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Potential bullish rise?The Bitcoin (BTC/USD) has reacted off the pivot which has been identified as a pullback support and could rise to the 1st resistance which acts as an overlap resistance.
Pivot: 92,651.63
1st Support: 87,516.30
1st Resistance: 99,246.82
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Ethereum may do something like this#ethereum #eth price seems going to retest the breakout zone in nov. 2024. A successful retest will surely bring CRYPTOCAP:ETH price to new higher price discoveries but first #ethusd does a healthy correction, if possible. Every unhealthy pumps will not be appreciated. Not financial advice.
Bearish drop off pullback resistance?Ethereum (ETH/USD) is rising towards the pivot and could drop to the 1st support which has been identified as an overlap support.
Pivot: 3,524.74
1st Support: 3,217.92
1st Resistance: 3,713.01
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.