FOREX Forecast UPDATES! Jan 15, WednesdayIn this video, we will update the forecasts for the following FX markets:
USD Index
EURUSD
GBPUSD
AUDUSD
NZDUSD
CAD, USDCAD
CHF, USDCHF
JPY, USDJPY
The USD is still strong, so no reason to sell in the near term. With price at Monthly and Weekly Supply levels, we have to proceed with caution in the near term. The bias is still bullish until the market gives us a HTF bearish break of structure.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
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Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Fibonacci
BUY QUBT PUTS NOWWWW!!!!The quantum computing hype is real. Incredible short term gains and incredible mid to long term risk. Companies such as NASDAQ:RGTI and NYSE:IONQ have promising technological/industrial prospects that justify the excitement but NASDAQ:QUBT Quantum Computing Inc. is not one of those companies. They are not a quantum computing company as the name suggests. The same entity has changed their "business model" multiple times with each coming trend to no success. Before quantum computing they were involved with beverage distribution as "Innovative Beverage Group Holding, Inc.", selling printer ink, and they made a brief attempt at AI.
Notes :
- Iceberg Research discovered that the foundry Quantum Computing Inc. listed on their website and cited in a press release was actually just a small office building clearly incapable of producing TFLN wafers (or any sort of mass production for that matter).
"In September 2023, QUBT told investors that the location for its “new facility is on five acres within the extensive 320-acre research park hosted by ASU”. However, the entire entire 2050 building is barely more than an acre, let alone Suite 107 in the building. At that time, production was supposed to start in the first half of 2024."
I encourage you to read the full report (link below).
- QUBT's revenue for 2024 was only $300K. Their market cap is currently $1.5 Billion.
Technical Analysis
While the fundamental analysis was enough to convince me to enter a put position, the TA is also promising. The "pump" caused by recent quantum computing hype is not the only pump and dump in QUBTs recent history. There are two very similar patters that have occurred since Jan 2018.
Interestingly, the 50 SMA crossing above the 200 SMA on the weekly timeframe has signaled the peak of both movements. As for the current movement, the SMAs are expected to cross by next week at the latest.
As you can see in the chart, the cross (and peak) are followed by a drastic rejection and then a retracement to the 38.2 fib level. As of today, price is currently between the 50 and 38.2 retracement levels.
In the short term, it is possible that price will enter the volume gap created on 08 Jan and potentially fill up to $16.25. This break above the 38.2 fib level will be of key interest to anyone seeking entry into a short or put position. As you can see in the 2021 movement, price did indeed break above the level, fell short of retesting highs, and initiated a reversal and 78% drop. Only after this did QUBT retest and reject off of the 38.2 fib level and proceed to drop another 86%.
iceberg-research.com
www.globenewswire.com
Forecast UPDATES! Jan 15, WedIn this video, we will update the forecasts for the following markets:
ES \ S&P 500
NQ | NASDAQ 100
YM | Dow Jones 30
GC |Gold
SiI | Silver
PL | Platinum
HG | Copper
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
BUYWell, I was hoping the price would consolidate for a while when it broke above the trendline and Fib 0.236, but it blasted off to Fib 0.618, instead. Last nights CPI data must have been a major catalyst for this move.
I have bought Virtual at around $0.50 Nov last year and I haven't sold any yet. I am bullish on Virtual and I intend to invest and hold for a while, instead of trading.
I am looking for an entry to buy more. I personally don't think it matters too much to buy it for $4 , $3.80. or $3.50 IF you are to hold it for several months. However, currently the price is hovering around Fib 0.618 which is the area the price often corrects temporarily. Also, two sets of sell orders sitting right above it. The 4H Stochastics has already reached the overbought territory (although it doesn't mean much when the momentum is very strong. It can stay in the overbought territory for a long long time and the price keeps going up.)
What I am going to do is to wait and see how the price will settle during Asian and European a.m. sessions. If the price comes down to Fib 0.382-0.5 level, I will buy more.
Next target around $62The last few days showed a clear retest of the the upwards channel.
Moneymakers, algo's and the big boys showed that the previous weekly and daily demand levels held very firmly as they didn't even enter the zone, but rather stayed/behaved nicely in the channel.
With Trump and team talking office in about 5 days, we have a very compelling set of rule changes that are going to be implemented shortly (and play out at least over the next 2+ years!) that will benefit all businesses including the small caps, and in anticipation of the this, the truck was backed up and loaded to the brim.
We were lucky enough to participate both in the first zone, and the second zone below that, to load up. Always good to buy in 1/3 increments to keep your powder dry.
The upper test of the $54 area showed that there is heavy selling pressure there, but we have weakened the supply zone substantially as we stayed there for quite a few days.
Expectations are that this move will play out over the next several months, possibly into the summer and ultimately end somewhere around the $62 range as highlighted by the green circle.
There is another supply zone above that, which we've never retested, so that means it will bounce hard off that selling pressure.
Good luck to all, and do your own due diligence.
This post is for entertainment purposes only.
And for me to document my own journey in this trade for my kids to see how it works, then call me out as either a dad than knows what they're doing, or call my bluff.
Citigroup ($C): Fourth Test of Key Levels Since 2018The shares of Citigroup gained an impressive 7% today following its earnings report, which delivered a beat ✅. The company is projecting revenue between $83.5 billion and $84.5 billion for 2025, up from $81.1 billion last year and $77.1 billion in the year prior (excluding divestitures). Positive news for both the company and its investors!
We’ve been monitoring NYSE:C but haven’t found a trigger yet—this might change soon.
The stock is approaching its most significant resistance zone since 2018, a level tested three times in the past. Could the fourth test finally break through? We remain cautious, expecting that another pullback, even a minor one, might be necessary to push past $83. If this pullback materializes, we’ll evaluate opportunities to position ourselves.
Currently, there’s a bearish RSI divergence, and unless the stock can make a higher high compared to 2021, another major pullback remains possible. However, a short position doesn’t align with our strategy at the moment. We’d need to see a lower time frame structure change to consider that route.
This stock doesn’t lend itself well to Elliott Wave analysis as it has been trending sideways for years, and we’re not forcing patterns onto it.
Stay alert for future opportunities on NYSE:C
TradeCityPro | XVSUSDT Possibility of a Long-Term Move Starting 👋 Welcome to TradeCityPro Channel!
Let’s analyze XVS, one of my favorite coins in the crypto and DeFi space, which operates in the LEND & Borrow sector on the BNB network, as we may work with it more extensively in the future.
🌐 Overview Bitcoin
Before analyzing today's altcoin, let’s start by reviewing Bitcoin on the 1-hour timeframe
Yesterday, I mentioned opening a long position with Bitcoin’s break of 97343 and even suggested using a stop-buy order. Today, following the news announcement, this resistance was broken aggressively, showing strong whale activity.
With this breakout, Bitcoin dominance has begun to drop, so it would have been more logical to place stop-buy orders on altcoins. If you haven’t done so yet, don’t worry! You can wait for the next confirmation by Bitcoin breaking 99485 to take action on your altcoins.
📊 Weekly Timeframe
In the weekly timeframe, XVS remains in a large range and has been moving slowly.
Recently, after faking a breakout above the range, it did not return to its bottom. In 2024, we haven’t revisited the 3.51 support level. Instead, we formed a higher low at 5.33, suggesting a potential shift.
For re-entry, you could consider buying above 12.94. Personally, I entered at the 5.33 breakout in late 2023 and will not make any new purchases at the moment. My stop-loss remains below 3.51.
📈 Daily Timeframe
On the daily timeframe, after breaking 8.21 and exiting the daily range, XVS moved toward the 11.83 resistance, where it faced heavy rejection.
After that, lower highs were formed, leading to a descending triangle pattern with equal lows.
If the descending trendline breaks, we might see the uptrend resume with confirmation from momentum and volume. Otherwise, a break below the triangle’s base at 8.21 could lead to a correction toward 6.09, though this is less likely.
Risky Entry: You could buy now with the current daily candle, but ensure your stop-loss is below 6.09 , Safe Entry: Wait for a confirmed breakout above 11.83, aiming for a target of 17.58.
⏱ 4-Hour Timeframe
Finally, in the 4-hour timeframe, after briefly wicking to the 7.73 support, XVS has bounced back into its range and is nearing the 9.47 resistance.
📈 Long Position Trigger
wait for 9.47 to break with clear momentum and volume or wait for the formation of higher highs and higher lows.
📉 Short Position Trigger
monitor for signs of rejection. If 9.47 turns into a fake-out, a short position below 8.52 could be considered.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
RVNUSDT Top Down AnalysisRVNUSDT Analysis
Blue Box: A Strong Entry Opportunity
We have a daily upward break from a key monthly demand zone—this is a significant move!
Highlights:
Monthly Demand Zone: Price has respected this area and broken upwards, showing strong buyer interest.
CDV Support: Cumulative delta volume is aligning perfectly, confirming active buyers in the market.
Blue Box Entry: Carefully chosen using volume footprint, volume profile, and liquidity heatmap. It’s an excellent level to consider.
Key Observations:
"The blue box is very carefully picked using volume footprint, volume profile, cumulative delta volume, and liquidity heatmap. When trading this zone, I will look for buyers and upward market structure breaks in lower time frames for confirmation."
This setup is looking great, and the confirmation from CDV adds extra confidence. Let’s keep an eye on this one! 🚀
Let me tell you, this is something special. These insights, these setups—they’re not just good; they’re game-changers. I've spent years refining my approach, and the results speak for themselves. People are always asking, "How do you spot these opportunities?" It’s simple: experience, clarity, and a focus on high-probability moves.
Want to know how I use heatmaps, cumulative volume delta, and volume footprint techniques to find demand zones with precision? I’m happy to share—just send me a message. No cost, no catch. I believe in helping people make smarter decisions.
Here are some of my recent analyses. Each one highlights key opportunities:
🚀 RENDERUSDT: Strategic Support Zones at the Blue Boxes +%45 Reaction
🎯 PUNDIXUSDT: Huge Opportunity | 250% Volume Spike - %60 Reaction Sniper Entry
🌐 CryptoMarkets TOTAL2: Support Zone
🚀 GMTUSDT: %35 FAST REJECTION FROM THE RED BOX
🎯 ZENUSDT.P: Patience & Profitability | %230 Reaction from the Sniper Entry
🎯 DEXEUSDT %180 Reaction with %9 Stop
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
🌟 FORTHUSDT: Sniper Entry +%26 Reaction
🐳 QKCUSDT: Sniper Entry +%57 Reaction
📊 BTC.D: Retest of Key Area Highly Likely
This list? It’s just a small piece of what I’ve been working on. There’s so much more. Go check my profile, see the results for yourself. My goal is simple: provide value and help you win. If you’ve got questions, I’ve got answers. Let’s get to work!
SOL - 1H Elliott Wave AnalysisGreetings, this is our current Elliott Wave Count for Solana.
Solana could have potentially bottomed on the 13th January at 168.88 USD in the blue Wave 4 or blue Wave 2. We do prefer to label it as blue Wave 2 as the retracement is deep for a Wave 4 but technically not invalidated. For the short term count that does not matter.
If Solana did bottom we would want to see a rally in blue Wave 3 or blue Wave 5 to start now.
The recent rally could've been the first Wave of this move to the upside. We do count that as white Wave 1 and are looking for a corrective retracement as red Wave ABC which would bring price into the white Wave 2 support area.
White Wave 2 support sits between the 0.5 FIB at 185.52 USD and the 0.786 FIB at 176.00 USD.
If white Wave 1 extends to the upside the white Wave 2 support will move up too.
Be aware if we break this support area we assume the we are resetting blue Wave 2 just a bit lower. If you are interested in the higher timeframe support area and the bull market targets I recommend you reading the 1D Elliott Wave Analysis for Solana which will be linked below in the notes.
Thanks for reading.
NO FINANCIAL ADVICE.
GBPJPY Longs (Swing Trade)On the 1H timeframe price broke the previous structural high and ranged before trending down. Currently I'm looking for price to react off of the area marked (Green) to look for entries since this is a swing trade. I'd like to see a clear trend shift on the lower time frames before entering to maximize RR and to reduce the chance of getting caught in the noise or wicked out because stops weren't set accordingly.
An analysis of the end of the accumulation: Key market milestoneThe market is in the final stage of accumulation, which opens up opportunities for the formation of a new trend. The concept of harmonious energy flow allows us to systematically evaluate each stage of this process.
Stages of work with accumulation
1️⃣ Defining the accumulation zone
The boundaries of the rendezvous are set:
The lower limit is 2,920, the upper limit is 3,353.
POC (Point of Control): 3,273.75 - the zone of accumulation of volumes.
Signs of accumulation were detected: a false breakout of the lower boundary (2,920), the price returning to the range.
2️⃣ Liquidity accumulation within the range
False breakouts of the boundaries indicate the activity of large players.
Liquidity accumulates at points of imbalance between buyers and sellers.
🔑 The key: The end of the stage is confirmed by the price returning to the POC zone.
3️⃣ Breakout and transition to a new phase
A breakout of the 3.353 level will signal the transition to a new wave of the trend.
An important criterion is high volumes at the breakout and confirmation of buyer strength.
A test of the 0.3-0.5 Fibonacci retracement levels will allow us to assess the prospects for further momentum.
The role of the Radial-Axis Dynamics
What it is:
Radial-Axis Dynamics allow you to analyze the depth and potential of energy ripples in the market. They are based on the harmony of the interaction of opposing energies in the imbalance zone.
How to work:
Center of harmony: We determine the point of equilibrium - the POC level or the Fibonacci time level (0-2).
Extreme points: At 96% energy depletion, one side of the market gains an advantage. It is important to track this moment:
Zones of deep correction (0.3, 0.5).
Acceleration or deceleration of the momentum through the -0.96 level test (timeframes 5-6).
Trend projection: After the pulsation is completed, the price moves to a new wave of the impulse or harmonizes in a new accumulation zone.
🔄 Key analysis point: The level of -0.96 on the Fibonacci circle, which reflects the extreme limit of the energy pulsation.
Current status (01/13/2025)
Key levels:
POC (3,273.75): The point of harmony to which the price returns to confirm equilibrium.
Critical resistance level is 3,353: Its breakdown with high volumes will open up potential for growth.
Next steps:
Breakout analysis: Watch the reaction to the 3,353 level.
Assessment of volumes: High volumes will confirm the strength of the momentum.
Working with Radial-Axial Dynamics: Monitor energy ripples and test harmonization levels (0.3-0.5 Fibonacci).
Conclusion.
The market is at the critical point of completing the accumulation. The further direction will be determined by the breakout of key levels and the strength of the impulse. The concept of harmonious energy flow and Radial-Axis Dynamics remain important tools for forecasting and working with the market.
🔑 Focus: Breakout of the 3,353 level, volume estimation and work with the harmony of energy on Fibonacci time levels.
XRP - 1H Elliott Wave AnalysisGreetings, this is an update for the Elliott Wave count of XRP.
We broke out of the Elliott Wave Triangle that was communicated in the last posts.
We assume that the green Wave 4 has finished with this Elliott Wave Triangle and we started the green Wave 5.
We count the recent move up which was the breakout as blue Wave 1 which could be finished but there is still the potential of further extension. After blue Wave 1 finishes we want to see a corrective retracement in red Wave ABC which would finish the blue Wave 2.
The support area of blue Wave 2 sits between the 0.5 FIB at 2.6144 USD and the 0.786 FIB at 2.3774 USD. We added the 0.382 FIB at 2.7121 USD to the blue Wave 2 support area as XRP tends to have aggressive breakouts which could mean we get a shallow Wave 2.
The blue Wave 2 support area will move up if we get further extensions to the upside.
Congratulations to everybody who entered on the blue Wave E support area! :)
Thanks for reading.
NO FINANCIAL ADVICE.
Public trade #10 - #Hbar price analysis ( Hedera ) The price of CRYPTOCAP:HBAR is holding up very well
1️⃣ OKX:HBARUSDT price should be allowed to fall to $0.265
2️⃣ Although, according to TA canons, it would be nice to “test the strength” of a powerful mirror level around $0.20
Well, we'll soon see what MM #Hedera has in store for us, but in both versions, we can see a target for growth to the ATH area, i.e. $0.57-0.60
_____________________
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