Boeing is ready for next leg up to $200On December 10, 2024, we had a look at the weekly chart of NYSE:BA Boeing and it was a very good opportunity to get into this stock. Since then, we made over 20% in under one month.
After consolidating for nearly three weeks, we may have another chance to get in for the next leg up to $200. The only thing to worry about are the earnings on January 28. Those could have a huge impact on the stock price, but chances are the impact will be positive. Since 2024 was a very challenging year for Boeing with lower net orders booked compared to Airbus the comparisons are much easier to beat than it is for Airbus.
Boeing experienced a decline in various metrics last year. The company recorded 569 gross orders, representing a 61% decrease compared to the previous year. Cancellations increased by 50 units, mainly due to the anticipated cancellation of 135 jets ordered by Jet Airways. Net orders fell by 71% to 377 orders, and the net order value also decreased by 71% to $33 billion. This reduction in orders is attributed to the uncertainty surrounding Boeing's production schedule, which makes it less attractive for airplane orders. Deliveries fell by 34% to 348, and the delivery value decreased by 35% to $26.1 billion due to the grounding of the Boeing 737 MAX 9 and a subsequent strike.
If we assume no further crashes or problems with Boeing aircrafts the numbers are easier to beat, and we come from a very low base. In addition, most analysts are quite conservative right now.
Looking at the technical setup we just bounced from the 0.382 fib from the current upward movement. Below the fib we have another support at around $160 as well as a resistance at $200 with an open gap. Assuming no surprises during the earnings we’re up for another leg up to $200 (15% ROI).
Target Zones
$198-200
Support Zones
$165
$160
Fibonacci
A SELL IDEA ON GBPJPYA follow up on my last analysis on GBPJPY, we see The Beast getting ready for a further bearish move. The pair has been on a higher high/higher low correction move and currently failed to create a higher high and has tanked below the last higher low thereby giving us a confirmation that the bullish correction move might be over. Also we see the break of the current bullish trendline giving us a double confirmation.
We now patiently wait for our entry confirmation which is a pullback to the 61.8fib level. With that we jump right in for a sell and go for a 1:5.66RRR with Stop loss around the 192 area and take profit at the Daily Area of Focus around the 188.200 price.
Interpretation of support and resistance points and Fib ratios
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There was a change in the chart while I was writing the idea.
Therefore, please refer to the chart attached below.
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(TRUMPUSDT.P 1D chart)
Since the chart was created not long ago, it is practically impossible to analyze it.
However, I will take the time to explain it as an extension of the explanation of Fibonacci ratios.
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(1D chart)
You can check the retracement ratio using the Fibonacci retracement tool on the 1D chart.
(30m chart)
You can check the Fibonacci ratio on the 30m chart and analyze the chart.
However, I think the Fibonacci ratio is a chart tool for chart analysis, so in order to trade, you need to draw support and resistance points by the arrangement of candles.
As I mentioned earlier, since the chart is created not long ago, you can select support and resistance points on the 1M, 1W, and 1D charts, so even if you draw support and resistance lines, their role is likely to be weak.
Therefore, I think it is better to trade these coins (tokens) in short-term transactions such as scalping or day trading.
If the trading period is long, the psychological burden is likely to increase, which can lead to incorrect trading.
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The HA-MS indicator was activated to indicate support and resistance points.
If you activate the Fibonacci ratio drawn on the 1D chart, it is as follows.
You can see that the maximum range we can trade is 28.0-70.654.
If we go outside this range, a new wave will be created, so new support and resistance points are needed.
At this time, a chart tool that can help interpret the chart is the Trend-Based Fib Extension.
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Since the HA-Low indicator was formed at the 40.245 point, we can see that the low point has been formed.
Therefore, if it shows support near the HA-Low indicator, it is a time to buy (LONG).
Since it has currently fallen below the HA-Low indicator, it is highly likely that it will update the latest low, so it was possible to enter a sell (SHORT) position when it fell from the HA-Low indicator.
As the price falls, I think it is better not to make a new transaction until the HA-Low indicator is newly created or the existing HA-Low indicator rises and shows support.
If it is supported by the HA-Low indicator and rises,
- 46.618
- 63.882-70654
You should check for support in the above section.
If it is not supported, it is a time to sell in parts.
In my chart, the MS-Signal indicator is an important indicator in terms of trend.
Therefore, in order to turn into an uptrend, the price must be maintained above the MS-Signal indicator.
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(12h chart)
The current chart is so new that it is virtually impossible to see the trend.
If you want to draw with the Trend-Based Fib Extension tool, the largest time frame chart you can draw is the 12h chart.
The point where the finger points is the selection point.
(30m chart)
The chart above is drawn with the Trend-Based Fib Extension tool.
The circles marked on the far right correspond to important support and resistance zones.
When interpreting Fibonacci ratios, the 0, 0.5, 0.618, and 1 ratios can be interpreted as key ratios.
Therefore, if it falls below 1, it may fall to around 1.618 (2.198), so caution is required when trading.
The 0.618 (35.663) ~ 0.5 (39.612) section can be interpreted as an important support and resistance section.
Since the HA-Low indicator is formed within this section, it can be interpreted that the role of support and resistance is emphasized.
Even if the Fibonacci ratio is drawn in this way, it can be helpful in setting the timing of trading only when it is interpreted in accordance with the support and resistance points drawn on the 1M, 1W, and 1D charts.
Otherwise, it is likely that your subjective thoughts will be included and the transaction will proceed in the wrong direction.
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The support and resistance points must be drawn by looking at the arrangement of candles on the 1M, 1W, and 1D charts to be activated as support and resistance points.
The support and resistance points drawn on the time frame chart below may have a weak role, so caution is required when trading.
In that sense, I hope you understand the content of this idea as how to comprehensively interpret the Fibonacci ratio and support and resistance points.
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Thank you for reading to the end.
I hope you have a successful trade.
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PEPE Deep dive before pumping? To what price?CRYPTOCAP:PEPE Script: A potential deep dive might be on the horizon before the next pump.
Right now, it’s forming a structure that looks a lot like the pattern we saw from March to May, which I’ve marked as points 1 to 7.
Both of these structures showed up after breaking out from the near-end of a symmetrical triangle.
Currently, we’re sitting at point 6.
Using Fibonacci retracement, we can estimate how deep the dip might go.
Last time, it reached Fib 1.618. If history repeats itself, PEPE could pull back to around 0.00009485.
This potential drawback would also break the uptrend line, which could shake market confidence and flush out weaker hands—perfect for accumulating liquidity to fuel a future price surge.
I’ve already set a buy order at this level, just in case this scenario plays out.
Of course, this is just one potential script among many. I’ll share more as they unfold.
Follow me for more insights and updates! 😊
Retracement phase till April 2025 and then??? who knows...Offcourse the chart is self explanatory.
on daily timeframe where it touches the 200 SMA.
It means that the long term downtrend is gonna start.
Still a big no.... it has to touch the monthly resistance around 200 area.
Dear Traders, Go away and check for another mind.
as investor I already took my position at 240. Will take more position around 200 price.
Let's analyse it again in April-May 2025.
TOTAL3 - ALT SEASON - Bull Swing CRYPTOCAP:TOTAL3 is ready for the Alt Season.
#Altcoins will be rockin' the boat in '25.
CRYPTOCAP:BTC.D is running out of steam, thus opening the door for #AltSeason to start.
The correction on MARKETSCOM:BITCOIN Dominance is the key to #Alts to shine.
1.13T MC has been touched, previous #ATH.
Now CRYPTOCAP:TOTAL3 is in a Wave 4 (#ElliottWave Triangle), with Wave 5 of the Larger Degree C Wave about to shoot.
Targets between the #Fibonacci Extensions 200-261.8%.
That's the 1.5T to 1.8T range.
XRP/USDT: Critical Decision Point - Range or Drop?Here's a concise analysis of the XRP/USDT 12H chart:
Technical Setup:
- Price in descending parallel channel (blue lines)
- Currently at: 3.1666 USDT (-3.82%)
- High volume (263.81M)
- Notable Fibonacci levels marked: 0.5 and 0.66
Price Action Forecast (marked in yellow):
- Potential sideways consolidation with volatile swings
- Range between 2.8-3.2 USDT
- Risk of -18.76% downside noted (-0.5948)
Key Levels:
- Resistance: 3.4 (0 Fib level)
- Support: 2.8 (0.5 Fib level)
- Critical Support: 2.6 (0.66 Fib level)
Trading Note:
Caution advised - chart shows possible distribution pattern with high volume. Wait for clear direction before taking position.
Strong DEMAND ZONE coming up! Time to add..?As we can see after much of whipsaws NIFTY closed in red which was very eminent, now following the structure we can see NIFTY heading towards our very strong demand zone around 22800 levels marked on the charts. Following the market sentiment which has gone into extreme fear, it could be considered as a great time to add at dips which are being offered at great valuation so plan your trades accordingly and keep watching.
5 Week's TopFrom the second December week until the end of the first January week we saw a top building.
This had been followed by a downward correction completed by Fibonacci rules.
This resulted in an attempt to reach to top again which seems to have failed now.
The rise is a completed Fibonacci retracement again. That's why it is more likely that it will stop at this level.
The long way up is uncorrected yet. This doesn't mean however that we will see a steep downward correction immediately now as the market still is impressed by the uninterrupted rise for more than 1 1/2 year.
I rather expect a certain corrective downward move followd by a longer sideward trading.
SEI: One of the better looking layer 1 opportunities currentlyMy apologies, as I am late posting this, but SEI does look like one of the better new-ish layer 1 opportunities currently.
The .33 level was an area of interest for me, as it was right at the bottom of this falling wedge that we are in, it is the .618 from its most recent big advance, and it is also the area where it launched its self from after retracing for its big advance from its last big upward move.
We are currently not very far from that price point sitting at .36 right now. I would buy as close to the bottom of the wedge as possible, or wait for it to break out of the wedge and gain it as support.
If the falling wedge gets invalidated, the next area that SEI would probably head to would be the .25 cent area.
If we do break out of the wedge to the upside, .39 cents needs to be established as support.
Targets: .71, 1.90, 3.00, and 4.65.
Anyway, I do think that this is one of the better opportunities for newer layer 1's right now.
Thank you!
GBPJPY POSSIBLE SELL CONTINUATIONGBPJPY the precious pair has been on an overall bearish move on the Monthly TF. Since last week we saw price unable to break the 199 price level after a second retest, pushing The Beast down, creating Lower Highs and Lower Lows. Its also worthy of note that that area is also the second touch of the Monthly 61.8fib.
Following the current Bearish move, price is currently at the 61.8fib level of the last impulse move. This Fib Level also coincides with the descending trendline and the area of Support turned Resistance. We look out for a sell comfirmation to get into a sell OR we wait for price to break the last Lower High which is the 193 price area to comfirm a change of Character.
Next target for Bitcoin BTC price is $110k but there is a nuanceCRYPTOCAP:BTC price has reached $90000 - this is something incredible, considering that just 8 years ago we were trading #BTCUSD for $900) X100 is easy money if you save it)
And the coolest thing is that this is just the beginning)
However, no one on our planet has yet canceled the effect of gravity so everything that takes off will be attracted to the ground
OKX:BTCUSDT price needs a correction, at least to $77-78k. And even more so, this correction is needed for altcoins, so that the “fresh” capital that entered the cryptocurrency market through #Bitcoin CRYPTOCAP:ETH CRYPTOCAP:SOL CRYPTOCAP:DOGE CRYPTOCAP:TON can flow into low-cap #Altcoins
It may hurt a little at first, but it will be pleasant later
Use the correction period to monitor altcoins very closely to determine which ones are being redeemed, where there is strength and support, and the greatest chance of further growth
Or follow us, we regularly give tips;)
Public trade #11 - #BTC price analysis ( Bitcoin )At the moment, the CRYPTOCAP:BTC price is making an A-B-C correction within the channel quite harmoniously.
The idea is as follows:
🔽now the market is correcting for a few days and the lower the better.
🔼And then on January 20, Trump will be inaugurated and, as the “messiah,” he will “make life easier” for crypto investors by some decree and the market will break out in growth.
1️⃣ So the first stop of the OKX:BTCUSDT correction should be around $93-94k, and from there, growth can break up to $110k.
2️⃣ The second option is a correction of the #Bitcoin price around $86-87k.
❗️ It's also worth remembering that 29.01.25 is the announcement of the “fresh” Fed Funds rate. And given the fact that inflation has increased this month, the Fed's rate cut is in jeopardy, at best it will be left unchanged.
P.S:
Please excuse the fact that there are so many levels on the chart, but they work well and can be used in trading!)
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Short - If price pullbacks and form CLS on this levelShort - If price pullbacks and form CLS on this level
you are welcome to comment with your thoughts and share your charts or questions below, I like any constructive discussion.
What is CLS?
This company is trading for the biggest investment banks and central banks. They trade over 6.5 trillion daily volume. They are smart money of the all markets.
CLS operates in the specific times which will give you huge advantage and precisions to you entries. Focus on that. Its accuracy is amazing.
Good luck and I hope this educational post helps to become better trader
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
Dave FX Hunter ⚔
$GLS - Low Cap Gem #1Altseason is upon us, and now is the time to start dollar-cost averaging into your favorite crypto gems. One of our picks for this altseason is Glacier Network ( SEED_ALEXDRAYM_SHORTINTEREST1:GLS ) - best characterized as a Infrastructure, Smart Contract Platform and Layer 2 project.
🚀 Why?
Our altcoin picks are based on the following criteria:
High growth potential : Projects with room for exponential gains.
Undervalued : Market cap still flying under the radar.
Limited CEX listings (for now) : Undiscovered gems poised for exposure.
Community-driven momentum : A strong, dedicated community pushing adoption.
High risk, high reward : A speculative but calculated play.
Partnerships and roadmap promises : Indicators of future expansion and relevance.
Potential for major exchange listings : A game-changer that could drive price action.
Circulating Supply Ratio : A circulating supply close to 100%. (This requirement is not met for $GLS.)
🌊 Prerequisites for Thrill and Euphoria
For low-cap altcoins to thrive, specific market conditions need to align. Here's what we're assuming:
Bitcoin follows the 4-year cycle: Maintaining historical trends of market phases.
We remain in a crypto bull market: A rising tide lifts all boats.
Altseason begins: A period of intense growth and volatility for altcoins.
Retail money floods in: Increasing mainstream interest and participation.
Global markets are "healthy-ish": No major economic black swans.
Monetary policy shifts to QE (quantitative easing): A return to liquidity-friendly environments.
💬 What is your top picks for this altseason?
This is not financial advice. Always do your own research before investing.
XAUUSD 4HR In this chart, I am analyzing the XAU/USD market, and I expect a brief bearish correction before the market resumes a strong bullish trend. Let me break it down:
1. Retracement (Pause):
I anticipate the market will retrace downwards to the Fibonacci 0.61 level, which is around $2,630.79. This is a key level where markets often find support.
2. Bearish Correction:
Before reaching the Fibonacci retracement level, the market is expected to experience a slight decline (as indicated by the red arrow). This is a natural pause in the trend before further movement.
3. Bullish Continuation:
Once the market reaches or approaches the 0.61 Fibonacci level, it is expected to gain support and continue its upward trend strongly (indicated by the green arrow).
4. Moving Averages (MAs):
The chart shows two moving averages – the red one represents the short-term trend, while the yellow one indicates the longer-term trend. These can signal potential trend reversals when they cross.
5. Overall Outlook:
Currently, the market appears to be in an uptrend. However, a small retracement may occur before the bullish momentum resumes, potentially surpassing the current highs.
If you’re trading this market, it’s crucial to monitor the reaction near the $2,630.79 level to assess the support. Afterward, there’s a high likelihood of a strong bullish continuation.