NQ Power Range Report with FIB Ext - 1/2/2025 SessionCME_MINI:NQH2025
- PR High: 21320.50
- PR Low: 21243.75
- NZ Spread: 171.75
Key scheduled economic events:
08:30 | Initial Jobless Claims
09:45 | S&P Global US Manufacturing PMI
11:00 | Crude Oil Inventories
Lift back near Tuesday's open
- Possible NYSE vol spikes with economic events to start the year
Session Open Stats (As of 2:15 AM 1/2)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 375.49
- Volume: 55K
- Open Int: 251K
- Trend Grade: Bull
- From BA ATH: -4.9% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 22667
- Mid: 21525
- Short: 19814
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
Fibonacci
Correction or no correction?Since the end of 2017, the Bitcoin has been moving in a healthy channel up to this day, touching the upper trendline of the channel twice as often as the lower one, while nicely reacting to the Fibonacci levels of the channel. Currently, it is still moving within this practically all-time bullish channel. However, as a result of the Trump-jump, it has now reached the upper trendline of the channel for the fourth time.
It is very important to understand that this channel is essentially BTC’s main channel of all time. While the breakout prediction for this bullish channel would theoretically be bearish, such an event would be, to put it mildly, an epic occurrence in BTC's history. We've seen similar moves in BTC's past—for example, the cup and handle formation, which developed over three years, with the “handle” portion essentially formed throughout most of 2024. Similarly, a characteristic of this main channel was the double top structure in 2021, which established the lower boundary of the channel and had notable head and shoulders formations at its peaks.
Why is all this important for the period ahead?
As I mentioned, we are currently rebounding from the upper line of the main channel since December 2024. By now, everyone has come across the dreaded "correction expectation." And not without reason. The question is whether the current movement is a normal small-structured channel movement or part of the almost expected correction? Perhaps both at the same time. It’s well-known that movements within larger channel structures also exhibit fractal-like channel behavior—smaller channels of various directions form complex larger channels.
On BTC's higher timeframe chart, it’s evident that we reached the upper line of the main channel within another channel, the parent structure of which was the channel lasting from March to November 2024, from which BTC broke out healthily. Currently, BTC is moving within this smaller channel and seems to be heading toward its lower trendline, approximately below the 90,000 level. Things become interesting when this lower line is reached since this subchannel is also a bullish channel with a 78% bearish breakout projection. Should BTC break out from this, we would be witnessing a long-overdue correction in BTC's history, with the Fibonacci levels of the main channel determining the extent of the correction.
Considering the history of the main channel in terms of Fibonacci levels, there’s no guarantee that the 61.8% level or the median will hold. I won't put more energy into this scenario—let’s bite our nails when it happens. 😊
More likely scenario:
In my opinion, a more probable and fundamentally sound scenario is that BTC remains in the subchannel. With January 19 approaching, it could head toward both the lower line and the upper line of the main channel, targeting the 110,000 level.
Either way, we’re in for an exciting January! For those getting too anxious, remember the words of Virginia Viadura: "Don’t worry kid, they’ll store it!"
Monthly C&H + Fib LevelsHere we see the monthly levels for AVAXUSDT. We can see the handle is showing good support. However we are at that major resistance level on the Fib retracment. The price measurements are rough estimates in H1H2 pattern for C&H. We can see how good they align with the Fib levels.
Need strong trading support and volume.
Stop loss @ $31.46
First price Target $44.11
Second Target 50.99
NanoViricides, Inc. Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# NanoViricides, Inc. Stock Quote
- Double Formation
* (Neckline) At 1.5050 USD | Subdivision 1
* ABC Flat Correction | Uptrend Bias & Entry Perspective
- Triple Formation
* Double Bottom | Pattern Configuration | Subdivision 2
* Retracement Numbered | Hypothesis | Subdivision 3
* Daily Time Frame | Entry Settings Indication
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
POV : JUBLFOOD : Cup and Handle PatternPOV : JUBLFOOD : Cup and Handle Pattern
Chart Reading:
1. Cup and Handle Pattern Breakout
2. Trend and MoM are in sync.
POA and Pattern Target mentioned on Chart
For educational purposes only. This is not financial advice. Please consult a professional before making financial decisions.
#NiVYAMi
Bakkt Holdings Inc. | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Bakkt Holdings Inc.
- Double Formation
* (Neckline) At 15.1000 USD
* Retracement Numbered | Subdivision 1
- Triple Formation
* Pennant Structure | Entry Bias | Subdivision 2
* 28.2000 | Area Of Value | Subdivision 3
* Daily Time Frame | Trend Settings Continuation
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Neutral
Bitcoin: Macro Support/Resistance Fibonacci SchematicsThe layout of these Bitcoin Schematics are to be able to see all key kevels through appropriate Timeframes.
#1 and #2 are Monthly Schematics.
#3 through #6 are all 2-Week candles.
#7 and #8 are both 1 Weekly Candles.
The first two are this ideas main attraction BIG MACRO WISE. These are the most Macro Schematics in the blueprint and they are both in LOG mode. They include two of the Strongest Fibonacci Tools each historically in this market. Each include Fib Spikes and Fib Extensions. The horizontal orange extensions are both the most important Macro Fib Extensions which is why they are 1 and 2.
The middle four are all structured support and resistance levels based on the Fibonacci Sequence. They are different because of their small price differences and structure when formed but the overall sequence travels up and can be seen visually on all separately.
The last two are the most recent formations so they are on smaller timeframes. Even though every single box has about two schematics per, #8 has about 4. This includes 3 Major Fib tools with different colors along with a not so visible couple of lines.
#2 must be watched closely as this resistance can turn into support quickly and then we move onto terra infinte. Once this happens, our resistance is Box #1 at around 200k give or take. Ofcourse there are the other boxes of resistance but I am looking at the Base Schematic of Box 1 to give me the next major ATH on Bitcoin. Or at least a major level before finding another top potentially at around 250k per Box #1's Schematic Layout.
I have linked my collection of my best Bitcoin ideas leading up to this point below and all either have some of the same schematics or work together as one.
The Bitcoin Matrix: Fibonacci’s $250k BlueprintI am tracing Bitcoin's trajectory to $250k using a unique technical lens - Fib circles on a logarithmic chart paired with extension spikes. These circles, six in number, have been instrumental in identifying key price action stages since Bitcoin's first halving.
We group these stages into three 'duo-phases'
( I, II, III )
( With two for each )
Each Macro Pair representing an integral era of Bitcoin's technical evolution in Logarithmic mode through s/r.
I've also linked my other future proof Bitcoin analysis ideas below.
MillerKnoll Inc. Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# MillerKnoll Inc. Stock Quote
- Double Formation
* 30.00 USD | Area Of Value | Subdivision 1
* (Neckline) | Pattern Configuration At 25.00 USD
- Triple Formation
* (Flag Structure) Continuation | Subdivision 2
* Retracement Numbered | Short Condition | Subdivision 3
* Daily Time Frame | Trend Settings Indication
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Neutral
Potential mid-to-short-term movements.Chart Overview And Daily Chart Context:
The overall market is back in an uptrend, with a potential pullback after reaching $2,700.
A Fibonacci retracement shows us potential buy zones for the continuation of the bullish move.
Key Levels
High: The recent swing high near $2,700 acts as a liquidity zone where buyers got exhausted, and sellers took temporary control.
Mid-Range (Golden Zone): The Fibonacci 0.618 - 0.786 retracement levels suggest where price may retrace to before resuming its upward move. These levels, around $2,650, align with previous consolidation areas.
The retracement into this discount area (lower half of the recent swing) aligns with smart money logic, buy at lower prices for a move back into premium levels.
The market remains bullish in the mid-term as long as price doesn’t break below the 2,600 level, which is a key structural support zone.
The retracement into the Golden Zone is a logical place to anticipate a higher low forming before a continuation to higher levels.
Once the price finds support in the Fibonacci Golden Zone, the next logical movement would be a return toward the $2,700 liquidity zone.
Wait for price to enter the 0.618–0.786 zone and confirm support through bullish price action on lower timeframes, you know I trade M1 mostly, so keep an eye in minds!!
Trade safe!!
Ethereum / British Pound | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Ethereum / British Pound
- Double Formation
* 3.300 GBP | Area Of Value | Subdivision 1
* Cup & Handle Principle | Configuration Entry
- Triple Formation
* (Flag Structure) At 2.100.00 GBP | Subdivision 2
* Retracement Numbered | Subdivision 3
* Daily Time Frame | Trend Settings Indication
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
Intel Corp (Extended Hours) | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Intel Corp (Extended Hours)
- Double Formation
* 26.00 USD | Area Of Value | Subdivision 1
* (Flag Structure) | Ranking & Ranging | Continuation | Subdivision 2
- Triple Formation
* 012345 | Valid Wave Count | Ongoing Wave 3 Configuration
* Retracement Numbered | Reversed | Subdivision 3
* Daily Time Frame | Trend Settings Indication
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Neutral
PC Connection Inc. Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# PC Connection Inc.
- Double Formation
* 57.00 USD | Area Of Value
* ABC Flat Correction | Subdivision 1
- Triple Formation
* Retracement Numbered | Subdivision 2
* Head & Shoulders | Pattern Condition | Subdivision 3
* Daily Time Frame | Entry Settings Indication
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
Rightmove Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Rightmove Stock Quote
- Double Formation
* A+ Set Up)) | Completed Survey | Subdivision 1
* 012345 | Valid Wave Count Configuration
- Triple Formation
* Retracement | Not Numbered | Subdivision 2
* Cup & Handle | Pattern Condition | Subdivision 3
* Daily Time Frame | Behavioural Settings Indication
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
Update: EUR/USD Downward Movement to Continue?In my previous analysis, I highlighted the potential for bearish continuation, targeting the sell-side liquidity (SSL) below.
As anticipated, the price respected the retracement into the Daily FVG and Fibonacci zones, sweeping liquidity by taking out the highs. This reaction confirmed bearish intent. On the lower timeframes, a clear entry opportunity emerged, and the pair has since moved lower, heading toward the anticipated SSL target.
The bearish structure remains intact, with the next key area of interest around the liquidity pool below.
This setup took a week to deliver an entry, but the rewards were definitely worth the wait! This goes to show that patience is essential in trading—there’s absolutely no need to trade every day to succeed.
Trade safe!