Public trade #19 - #ACH price analysis ( Alchemy Pay )🍿 Just today, we wrote in a post that we think that #Ethereum and projects related to it will “start” the market, as #Solana and memecoins did before, when the #ACH price decided to start growing.
Of course, it's too late/uncomfortable to buy at the current price of OKX:ACHUSDT , but:
1️⃣ place a buy order in the range of $0.027-0.03 - you can.
2️⃣ or waiting for the price to firmly consolidate above $0.05
3️⃣ just “pencil in” a coin and watch - there is always a choice, isn't there?)
⁉️ Well, when to grow, if not in 2025, after 1.5 years of price decline and 2 years of consolidation.
Purely theoretical:
🟢 Up to $0.15 at least x3 can be taken
🟢 And up to $3.65, only +7200% and then the capitalization will be $18 billion or $36 billion if all the coins will be unlocked) Well, memecoins have already done this)
So, will Alchemy Pay, a project from 2018, have a bright future?
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Fibonacci
Gold (XAUUSD) - What Will Stop The Gold Bull Run?It seems like everyone is piling on the gold gravy train as it looks to make new highs in the coming weeks.
With a high level of volatility entering the marketplace over the next two weeks, expect sharp market swings on the intraday timeframes and don't get caught up!
Rate announcements on Wednesday, next week will be the determining factor on whether many will fly to safety or risk buying gold at the current pricing.
EUR/USD - Tickling Old HighsParity in the euro can't come without a MAJOR event happening.
In the meantime, it would be in the market makers best interests to prop up the euro short term, giving the illusion that due to euro being 'stronger' than it was a few months ago, it's the best time to invest in Europe bla bla bla...
Once many of the huge funds, whale traders etc placed their stops below major sellside liquidity pools, that's when the rug gets pulled
Pulled all the way down to parity!
The question is, what news event will it take for this scenario to pan out?
UPDATE SWING TRADE SETUP EURUSDThe two major news events have come and gone and the long setup on EU is not only still valid but we have gotten confirmation with a bullish choch
I'm looking for price to react bullish on the lower timeframe from the fair value gap or the 2H OB. This is to get the best possible entry with a relatively smaller SL.
There is always a chance that the setup won't work out however in my opinion this has a small chance of failing.
Main target is the daily high and a longer term target is December's high unless price action changes bearish.
Hope this analysis helps and remember to always follow your rules and keep good risk management
GBP/USD - Dollar Weakening = Stronger PoundWith a strong rally in the dollar index when Donald Trump was chosen to be president, it caused a lot of foreign currency to weaken. GBP being one of them.
Time and time again, we have seen lower lows form and you just have to ask yourself when will this ever change.
The good news is, short-term bullish runs to inefficiencies is still a high possibility going into the volatile periods of next week and the week after next.
Kujira - Low Cap Gem #18Altseason 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 Kujira - best characterized as a Smart Contract Platform and DeFi 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%, indicating robust tokenomics and minimizing dilution risk.
🌊 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.
Google short: An Update to price and time targetI've previously mentioned that I expect Google to go up towards earnings and then down. This is an update to the same idea but now that the waveforms are clearer, we can roughly gauge how it will move.
Of course, as of this writing, I do expect that the price target of $204.29 will be hit before the intersection of the trendline with the Fibonacci Extension level (which is on 6th Feb).
Take note that earnings after market hours of 4th Feb. What this means is that we have 2 scenarios with different ways to handle our trades:
1. Price will be hit before earnings: in this case, I expect price to crash immediately in after-hours and at the next opening.
2. Price will be hit after earnings: In this case, I expect price to move up in after-hours, gapped up even above our target price of $204.29 and then started to sell down.
GOLD → Buyers are serious about retesting ATHFX:XAUUSD on the background of yesterday's news played both ways. The dollar could not win from this situation, which as a whole favorably affects the price of metal. ATH as a target is still relevant.
All attention is focused on the US GDP data for Q4. Slowdown in economic growth may increase interest in gold as a protective asset, especially against the background of possible trade tariffs of Trump and ambiguous reports of techno-giants. The Fed kept the rate, but tightened the rhetoric, which temporarily weakened gold, but the weak dollar and understanding of economic risks helped the metal to partially recover.
Technically, the rebound from the support of the ascending channel is forming, the price is passing resistance levels on its way.
Resistance levels: 2784, 2790
Support levels: 2771, 2766
Technically, from these support zones we should continue to wait for the growth towards 2790. But, based on the manner of price approach to the historical maximum, there is a probability of a small correction from 2790, after which the market will show either readiness to go even higher, or to form a deeper correction.
Regards R. Linda!
ONDOUSDT → Resistance Breakthrough. Ready for the raceBINANCE:ONDOUSDT.P continues to hold an uptrend with cyclical counter-trend corrections. The chart is showing signs of an end to the correction and a readiness to go up
A rather large consolidation has been formed against the background of the main uptrend. Regarding this, the price is trying to go up, breaking the resistance of consolidation (triangle) and overcoming the next obstacle in the form of key resistance at 1.538. The emphasis is on this level. If the bulls manage to keep the defense above 1.538 support, ONDO may show a recovery to 1.7 - 1.9 - 2.15 in the short to medium term.
Support levels: 1.538, 1.44
Resistance levels: 1.7344, 1.90
A small pullback to support and formation of a false breakdown is possible, but price consolidation above the level will be a confirmation of readiness to go up. Targets are marked on the chart!
Regards R. Linda!
MSFT Long then Short: Wave 2 and Wave 3MSFT has completed the first intermediate wave 1 of 3 (blue waves) and now with the last 2 reversal candles, I am expecting it to push up in a wave 2 of 3 before coming down again on a wave 3 of 3.
The Fibonacci retracement levels are references for where the price may be rejected as it moves up in this wave 2 of 3.
The black down arrow is where I think it might be rejected.
I am setting this as a "short idea" even though in the short-term I expect it to move up. Reason being that the bigger trend is down.
Dollar Index - I Like The Sound Of 106For the next two weeks, expect high levels of volatility in the marketplace as anytime interest rate announcements happen, wild movements up and down tends to follow up with that.
We will see some form of market structure shift in the following weeks. The question is will it be during China's bank holiday or after when the UK is releasing their interest rate figures....
US T-Bonds - Bond Prices Will Rise SoonBond prices have been getting slaughtered for several of months and with the uncertainty around Donald Trumps potential tariffs being placed on China is causing the market to rangebound.
Although the market has been on a freefall since September, there are periods where you are able to eek out some profits if your willing to go against the grain, especially when the technical align up perfectly.
US 10Y Yields - Chasing Lower YieldsAssessing the weekly range, from low to high, it is clear to me that the yields is still trading in a premium and with major liquidity pools attacked to the upside, it's only a matter of time we see a cooldown period.
Below 4.469% is regarded as a discount and it might take several of weeks to pan out but I would like to see the weekly bearish consequent encroachment @ 4.735% respected with 4.809% being the last line of defence.
GBPUSD Technical Analysis and OutlookPrevious Observations:
Long-term Downtrend: Confirmed downtrend from mid-2021.
Major Support Breach: Below 1.2000 in late 2022.
Recent Recovery Attempt: Above 1.2400, buying pressure still evident.
Key Resistance Zones (1h): Current level @ 1.2450
Key Resistance Zones (4h): 1.2500-1.2600.
Key Support Zones (Weekly): 1.2000 and 1.1800 - There's room to keep pushing lower.
Potential Buying Climax (Daily, 4h, 1h): Steepness of recent rise hints at possible pullback.
Additional Bearish Confirmations for Potential Shorts :
- Price tested and bounced off the 200 EMA several times in Dec 2024 (4h).
- The pair is currently hovering around the 50% retracement level of the recent short-term decline, a common area for price reversals.
- Bearish divergence confirmations have already presented this week on the hourly time frame. This is a tell-tale sign of institutional orders being filled at specific levels and generation of further supply. (This may be the conclusion of a 'PHASE C' in a redistribution cycle).
- The dollar shows no signs of weakening against the GBP both in technicals as well as fundamentals (Recent data shows the U.S. economy added 256,000 jobs in December, surpassing forecasts and reinforcing a strong dollar narrative).
Conclusions:
Considering that we see a trendline breakout followed by strong bearish reactions which are ideally happening at HTF supply levels, we can assume that the fractal nature of the markets will play out accordingly. We should not ignore the fact that price has reacted from LTF demand or that we saw a recent bullish imbalance filled- entering shorts off the current supply level should only be done with sufficient confirmations (we may have to look at how the London session open influences price action).
Disclaimer:
This analysis is for informational purposes only and should not be considered financial advice. Trading involves significant risk, and it's essential to conduct your own thorough research and analysis before making any investment decisions. Past performance is not indicative of future results. Always use appropriate risk management techniques and trade responsibly.
EWTSU EURUSD short term minuette w2 running
Elliott Wave Trade Set Up
EURUSD short term minuette w2 running
looking for the end of minuette wave 2
TIME FRAME H1
minuette w(i) ended
minuette w(ii) running
FIB 0.382 first target - volume profile POC level minuette (i)
FIB 0.618 second level -volume profile VAL level minuette (i)
today EBC meeting
wait and see
$SPY January 30, 2025AMEX:SPY January 30, 2025
15 Minutes.
We had AMEX:SPY between 604 and 599. But no trade as setup was difficult.
We have too many long bars inside the box.
Foe the fall 610.78 to 594.93 AMEX:SPY is between 599 and 605 which represents23.6% and 61.8% retracements.
So, sell is below 598 and buy above 606 only.
For the day for the fall 605.38 to 599.22 604.5 need to cross for a target 606-607 levels.
If the box breaks on either side, we should get a 4 to 5 $ move.
NQ Power Range Report with FIB Ext - 1/30/2025 SessionCME_MINI:NQH2025
- PR High: 21586.25
- PR Low: 21505.75
- NZ Spread: 179.75
Key scheduled economic events:
08:30 | Initial Jobless Claims
- GDP
Previous session closed as practically an inside print
- Advertising possibility to close the weekend gap above 21800
- Momentum expected above previous session high, 21700 zone
- Creates psychological liquidity below 21360
Session Open Stats (As of 12:25 AM 1/30)
- Weekend Gap: -0.62% (open > 21904)
- Gap 10/30/23 +0.47%
- Session Open ATR: 410.01
- Volume: 32K
- Open Int: 258K
- Trend Grade: Bull
- From BA ATH: -3.5% (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