RIOT correction over or another low?My previous target under $10 never hit so still speculative of if the correction is over. My primary count has the correction over and C was not as long as I'd expected. My alt count has C just starting with a flat for W-B. It really just depends on if Dec 5th - 10th was 3 waves or 5 waves with a pretty short wave 4.
Either looking at the 12.1 - gap close around 11.8 or down to under 10, will depend on the structure as it comes down. Just not planning on catching a falling knife if a W-3 of C starts! Open to either, but end plan still the same!
Fibonacci
Public trade #2 - #XRP price analysis ( Ripple )The CRYPTOCAP:XRP price is holding very well and very firmly, what is there cannot be taken away!)
🟢 In the first stage of the correction, the OKX:XRPUSDT price was allowed to touch the previous ATH only slightly.
🔵 If in the next correctional stage, the price of #Ripple is kept above $1.60, then even we will buy it a little and join the “believers” of this project, at least to $3.90, for starters)
🔴 Worst-case scenario - red - a drop to the range of $0.95-1.20 and prolonged consolidation before continuing growth.
Which scenario do you believe in?) Blue or Red?)
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USO to fall, Buying SCOMy trading plan is very simple.
I buy or sell when price tags the top or bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Price above or at top of channels (period 100 52 39 & 26)
Stochastic Momentum Index (SMI) at overbought level
VBSM is spiked positive and at top of Bollinger Band
Buying AMEX:SCO at $16.30. Target $18.
Shorting AMEX:USO at $77.08. Target $73.
Coinbase Fib WedgeNASDAQ:COIN
Coinbase Fib Wedge chart looks so good. Noticed some good tips thought I would let others know about the fib breaks on the chart.
Each Fib line break, low before Fib to high after Fib $50 catch then consolidation.
Momentum could increase leading to an increase in the catch but consolidation every time after.
Watch Fib 1.
The last 4 Fib breaks this did occur which is good to know for Fib 1.
Looking for a nice high after Fib 1 and then some consolidation according to the past 4 Fib breaks but the bullish momentum could be very high, which is more volatility. However anyone wants to play this is your move as there is multiple good ways to play this according to what happens in the moment. Thought this was pretty cool that this happen and good to look for on Fib 1 of this chart.
Comment what you think about this chart.
Comment any tips or suggestions.
NASDAQ:COIN COINBASE:BTCUSD
NOG to $40My trading plan is very simple.
I buy or sell when price tags the top or bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Price at bottom of channels (period 100 52 39 & 26)
Stochastic Momentum Index (SMI) at oversold level
VBSM is negative and at bottom of Bollinger Band
Entry at $35.75
Target is $41 or channel top
XOM to 108My trading plan is very simple.
I buy or sell when price tags the top or bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Price at bottom of channels (period 100 52 39 & 26)
Stochastic Momentum Index (SMI) at oversold level
VBSM is negative and at bottom of Bollinger Band
Price at or near 3.618 Fibonacci level
Entry at $105
Target is $108 or channel top
TSN to $61My trading plan is very simple.
I buy or sell when price tags the top or bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Price at bottom of channels (period 52 39 & 26)
Stochastic Momentum Index (SMI) at oversold level
VBSM is negative and at bottom of Bollinger Band
Entry at $58.37
Target is $61 or channel top
X to $35My trading plan is very simple.
I buy or sell when price tags the top or bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Price at bottom of channels (period 100 52 39)
Stochastic Momentum Index (SMI) at oversold level
VBSM is negative and at bottom of Bollinger Band
Price at or near 1.618 Fibonacci level
Entry at $30.50
Target is $35 or channel top
VLO to $124My trading plan is very simple.
I buy or sell when price tags the top or bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Price at bottom of channels (period 100 52 39 & 26)
Stochastic Momentum Index (SMI) at oversold level
VBSM is negative and at bottom of Bollinger Band
Price near 1.618 Fibonacci level
Entry at $118.75
Target is $124 or channel top
AAPL near top around $243, pullback to $234MODs have suggested that I provide more detail about the picks I make.
Sorry. I'm not as verbose as y'all, and I don't like things to be complicated.
My trading plan is very simple.
I buy or sell at top & bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Price at or near top of channels (period 100 52 39 & 26)
Stochastic Momentum Index (SMI) at overbought level
VBSM is spiking positive
Price at or near 2.618 Fibonacci level
Buying puts or NASDAQ:AAPD when price reaches or exceeds $242
NASDAQ:AAPL downside target would be $234 or channel bottom
Looking for a pullbackMy trading plan is very simple.
I buy or sell at top & bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Price above channels (period 100 52 39 & 26)
Stochastic Momentum Index (SMI) at overbought level
VBSM is spiked positive
Price at or near 2.618 Fibonacci level
In at $477
Target is $352 or channel bottom
XAUUSD SellFrom a technical standpoint, I believe we are in for a long ride down on gold.
This play takes us only to 2,386, but I believe we will end up around 2,150.
On the daily we have a shallow fib retracement of less than 23.6 with a stall out and weekly resistance that formed. I anticipate price to travel back to at least the daily 38.2 with potential for a deeper retracement before we can look at next potential move.
LINKUSDT Breakout Alert: Bullish Momentum Above 50 EMA!BINANCE:LINKUSDT Breakout Alert: Bullish Momentum Above 50 EMA!
After multiple tests of the support zone, BINANCE:LINKUSDT has finally bounced off and broken out of its descending trendline, signaling a potential strong uptrend. With the price now holding above the 50 EMA, bullish momentum is evident, and the market may be gearing up for a significant move higher. Traders should consider entering on a pullback while targeting key resistance levels. As always, proper risk management is crucial—set your stop-loss below the support zone and align your position size with your risk tolerance to stay on the safe side.
BINANCE:LINKUSDT Currently trading at $22.5
Buy level: Above $22
Stop loss: Below $19
Target : $40
Max Leverage 3x
Always keep Stop loss
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PEPE breaking daily? PEPE is currently breaking the daily fib level of 0.618 at .000020550. Needs to close above to maintain momentum.
Bullish signs, PEPE doing things. Elon has just changed his profile on X to a PEPE. Meme race will commence soon. DOGE, PEPE? I got both.
Zoom in waiting confirmation on our BOS (break of structure) in 1h, if PEPE does decide to cool I will have to add to my PEPE bag.
This is not any financial, DYOR, and invest only what you can afford to lose.
Velodrome (VELO) Potential Upside – Mirroring Aerodrome’s Rally?If you look at the recent price action of Velodromefinance (VELO) side by side with Aerodromefinance (AERO), there’s an intriguing similarity in the charts. Both tokens had large drawdowns of around –62% over roughly the same time span (about 19–20 days) before Aerodrome launched into a massive rally back in March.
The Setup
Price Action: Velodrome is currently hovering around the lower range after its –62% drop. This consolidation period is often where accumulation happens if buyers are stepping in.
RSI: The Relative Strength Index shows momentum potentially starting to shift from oversold territory, hinting that buying pressure could be building.
Williams %R : Often used as an overbought/oversold indicator, it’s also turning from deep negative territory, another sign that prices might have bottomed and could be poised for a move upward.
Volume: Although Aerodrome’s volume spike was on a smaller absolute scale, the uptick in Velodrome’s volume could be a bullish sign if it continues—higher volume on price upticks usually confirms stronger buying interest.
Why the Bulls Are Hopeful
Similar Trajectory: Aerodrome followed a major correction with a sudden upside push—many are eyeing Velodrome to do the same.
Consolidation Base: When a token spends time “flatlining” near support, it can build a springboard effect if a catalyst (such as new partnerships, listings, or broader market rallies) arrives.
Growing Demand: If Velodrome gains traction in its ecosystem—through staking, new protocol features, or simply community hype—it might attract fresh buyers ready to catch the next wave.
Key Resistance Levels & Targets
$0.20–$0.22: This is the first band of potential resistance where VELO’s last consolidation took place. Breaking above that zone could signal stronger upside momentum.
$0.25+: If momentum really picks up, reclaiming this zone would be a major psychological win. It might open the way for a run back toward previous swing highs.
Risk Factors
As with any crypto asset, there’s no guarantee that Velodrome will mirror Aerodrome’s breakout—market conditions could change suddenly. Always be mindful of potential volatility. Keep an eye on RSI, volume, and overall market sentiment to gauge if the setup remains favorable or if weakness creeps back in.
“And hey, if VELO doesn’t go parabolic any time soon—just tell everyone you’re ‘in it for the technology.’ Works every time!”
GBP/JPY: Key Levels to Watch for Continuation or Reversal !The GBP/JPY pair is trading in an overall upward trend on the medium and long-term, forming higher highs confirming the bullish momentum and higher lows that maintain the bullish trend.
The pullback occurring in this pair is considered corrective for the upward trend, and the level of 195.114 is considered as a potential bullish point for a renewed rise to continue the upward trend and target 197.796.
On the other hand, the level of 194.056 represents the last higher low, and a break below it, forming a new low on the 4-hour chart, would indicate a shift in trend from bullish to bearish, thus invalidating the positive scenario mentioned above.
Gold Price Action Analysis: Key Levels and Trade SetupsFXOPEN:XAUUSD Gold Price Action Analysis: Key Levels and Trade Setups
Analysis:
Price Action Strategy:
Support and Resistance Levels:
Key support levels: 2,536.664, 2,582.264, 2,601.810
Key resistance levels: 2,642.252, 2,670.000, 2,721.410
Fibonacci Retracement Levels:
0.382 at 2659.51836
0.5 at 2640.4
0.618 at 2621.28164
0.705 at 2607.1859
0.786 at 2594.06228
Volume Profile:
High volume node around 2,642.252 indicating strong resistance.
Low volume node around 2,601.810 indicating potential support.
Smart Money Concepts (SMC):
Break of Structure (BOS):
BOS observed around 2,536.664 indicating a potential bullish reversal.
Change of Character (ChOCH):
ChOCH observed around 2,601.810 indicating a shift in market sentiment.
ICT Strategy:
Order Blocks:
Bullish order block around 2,536.664
Bearish order block around 2,642.252
Fair Value Gaps:
Fair value gap observed between 2,601.810 and 2,621.348
Indicators:
Relative Strength Index (RSI):
RSI is around 51.36, indicating a neutral market condition.
Moving Average Convergence Divergence (MACD):
MACD is slightly bearish with a histogram value of -0.061.
VIP Signal:
Buy Signal:
entry: 2601.810
tp1: 2642.252
tp2: 2670.000
sl: 2582.264
Sell Signal:
entry: 2642.252
tp1: 2601.810
tp2: 2582.264
sl: 2670.000
Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Always do your own research before making any trading decisions.
I hope this analysis helps with your trading decisions! If you have more charts to analyze or need further insights, feel free to share.
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