Focusrite (TUNE) to rally into mid-2025Beaten down, but fundamentally still a good business and my research is telling me that sales have picked up meaningfully since last earnings. Chart has a nice RSI divergence and daily reversal candle signifying a bottom has just been made on Friday 17th Jan.
Ballsy to pick an exact bottom? Yes... But sometimes a setup comes along that you have high confidence on and this is one of those for me ;)
Fundamental Analysis
Silver Breakout? or FakeoutMetals look to have tailwinds with bonds finding support (real rates coming off), DXY stabilising, and the incoming trump administration. The charts are constructive with possible early breakouts. If upward momentum continues then price will likely target recent highs and then possibly higher after consolidation or pullback.
Possible risks to trade include resumption of bond decline with rising real rates and USD strength.
$BTCUSD Resistance Tested, Momentum Signals a Decision Point Summary:
The updated BTC/USD 4-hour chart highlights a crucial juncture as Bitcoin approaches $105,000, a major resistance level. Momentum indicators and price action suggest the market is at a decision point, where a breakout or pullback will determine the next direction. Let’s dive into the details:
Key Observations:
Bitcoin is testing a significant resistance level at $105,000, which aligns with the upper boundary of an ascending wedge and a critical psychological level.
A breakout above this level could trigger a rapid move toward higher targets, including the 1.618 Fibonacci extension at $110,762.
Rounded Resistance Formation:
The parabolic curve suggests strong upward momentum but also hints at exhaustion near current levels. Historically, similar formations have resulted in short-term corrections.
Fibonacci Support Levels:
0.618 Level: $97,449—This level serves as the immediate support if a pullback occurs.
0.382 Level: $94,307—A stronger support zone, with historical significance and confluence from previous price action.
Momentum Indicators:
MACD: The MACD shows signs of flattening, indicating weakening momentum but has not yet crossed into bearish territory. A clear cross would confirm a short-term reversal.
RSI: The RSI is currently in overbought territory, which historically aligns with pullbacks or consolidation periods.
Potential Price Structure:
Bullish Case:
Breakout Above $105,000: A breakout with strong volume could push Bitcoin toward $110,762, the 1.618 Fibonacci extension, and potentially beyond.
Momentum Reset: A slight consolidation above $102,535 followed by renewed momentum could signal sustained bullish continuation.
Bearish Case:
Rejection at $105,000: A failure to break the resistance may lead to a pullback, with immediate support at $102,535 and stronger support zones at $97,449 and $94,307.
Overbought Indicators: RSI in overbought territory and a flattening MACD increase the likelihood of a short-term correction.
Key Levels to Watch:
Resistance:
$105,000: Current resistance level and critical psychological barrier.
$110,762: The 1.618 Fibonacci extension and next upside target after a breakout.
Support:
$102,535: Near-term support if a pullback begins.
$97,449: 0.618 Fibonacci retracement and first major support zone.
$94,307: 0.382 Fibonacci retracement and critical historical support.
Conclusion:
Bitcoin is at a pivotal resistance level of $105,000, with momentum indicators signaling caution. A breakout above this level could drive prices toward $110,762, while a rejection may lead to a pullback to $97,449 or $94,307. The market is showing signs of overextension, but volume and momentum in the next few sessions will determine the direction.
Are you betting on a breakout to $110,000 or preparing for a pullback to key supports? Share your thoughts below! 🚀📉
Tet , an updateThe problem with young charters is that you can’t tell where’s the hell’s reached or not , you just assume by what you expect from the time and that’s not always working and you Foed up lol . I just added level 1.5 of the pitchfork to almost the same chart and it’s starting to make sense, suggesting adding another bag to level up your game, wait patiently and see what’s going to happen, it’s an ambitious project and possible game changer so worth waiting with a small bag .
Remember to DYOR , stay safe fam
Render ; +100$ in playEvening folks , people who know me also know that I’m super bullish on AI , Done some projects before and I’m bullish on Render as well , wanna keep the chart simple and wont say much tho asking you to have your research about render with chatgpt or grok , amazing roadmap and partnerships and amazing community.
Dyor
KASPA: Is the bottom in?! (repost)Are We at the Bottom for Kaspa? Let's Dive In! 🚀
I’ve realized I should start posting more here on TradingView, especially since many of you have started following me recently. Thank you for the support! 🙌
Now, let’s take a closer look at why I think (or thought) this could be the bottom for Kaspa.
Key Reasons:
1️⃣ Power Law Bands: We were trading near the lowest deviation bands, historically a strong signal for undervaluation.
2️⃣ 120-Day Kaspa Cycle: My custom sinewave projection indicated we were near the downward cycle completion, aligning with a potential reversal.
3️⃣ Euclidean Distance Metric: This metric was at a low and displayed a buy signal twice, another indication of being undervalued.
🛠️ New Indicators I’ve Developed
In the past few months, I’ve created two new indicators that helped me analyze this potential bottom:
4️⃣ Kaspa Social Metric Index
This indicator tracks social media trends around Kaspa. It reveals that when people are loud and highly active on social platforms due to price spikes, it's often a good time to sell. Conversely, when prices are low, engagement typically drops—a signal we might be near a bottom.
5️⃣ Aggregated Kaspa Futures Premium Index
This metric calculates the difference between Kaspa's perpetual futures price and the spot price across the top 5 exchanges by volume.
When futures prices trade at a premium (higher than spot), it suggests the majority of leveraged traders are long.
When the metric reaches extreme values, it often signals an upcoming market reversal.
Recently, this index was deeply negative, further supporting the idea of a potential bottom.
The Importance of Confluence 📊
When multiple indicators like these align, the probability of a successful trade increases. Seeing all these metrics pointing to undervaluation gave me the confidence to act decisively.
Here’s what I did:
✔️ I DCA’d heavily into this bottom.
✔️ I also opened a small leveraged long position to take advantage of the opportunity.
Greetings, Sander
RJV , worth risking Now this is for the community and some friends, this one is a cool project experiencing some heavy accumulation, did drew the zone for that also the support which you can consider super cheap buy , I’ve got two obvious targets which will deffo hit amid this bullrun and after that price discovery will occur which I have two moderate tps for it , worth holding some with some strong and passionate community.
Stay safe and don’t forget this : DYOR
Freight Report: $JBHT Earnings Miss—But the Real Story Beneath1/ 🚛 Freight Report: NASDAQ:JBHT Earnings Miss—But the Real Story Lies Beneath
J.B. Hunt Transport Services posted Q4 FY24 earnings: $3.15B revenue (-5% YoY) and $1.53 EPS (missed $1.63). Shares slipped 1.5% after hours—but is this a turnaround waiting to happen? 🧵👇
2/ Full-Year Wrap-Up 🎯
Revenue: $12.09B (-6% YoY)
Operating Income: -16%
EPS: -20%
Not great, right? But they bought back 489K shares in Q4, showing commitment to shareholder value. A rebound play in disguise?
3/ Valuation Check: Does NASDAQ:JBHT Have Room to Run? 🤔
P/E ratio: 21.96, near sector average.
Analyst price target: $189.09 = upside potential.
But here’s the kicker: NASDAQ:JBHT ’s return is -2% this year, while the S&P 500 gained +26%. Market mispricing? 💎
4/ Sector Face-Off 🔥
Competitors: Old Dominion Freight Line ( NASDAQ:ODFL ) & XPO Logistics ( NYSE:XPO ).
NASDAQ:JBHT trails peers in total return but bets big on diverse services & tech. Will innovation reignite growth?
5/ Risks to Watch ⚠️
Economic Sensitivity: Freight demand drops with downturns.
Fuel Costs: Volatility = profit pressure.
Regulation: Green laws hike costs.
Overcapacity: More trucks, fewer profits.
6/ What Keeps NASDAQ:JBHT Rolling? 💪
Broad transportation services = stability.
Tech investments = operational gains.
North American brand power unmatched.
Strengths like these keep them in the game, but the clock’s ticking to outmaneuver competitors.
7/ Strategic Leverage 🚛✨
E-commerce growth = last-mile logistics opportunity.
Expanding rail partnerships = intermodal advantage.
Strategic acquisitions could boost service lines.
8/ What’s Next for NASDAQ:JBHT ?
Q4 was a miss, but the pieces for a rebound are there: cost discipline, e-commerce tailwinds, and tech-driven growth. Can they deliver?
9/ What’s your take on NASDAQ:JBHT ? Let us know below!
🚀 Buy for the long term
🔄 Hold and watch
🚫 Too risky, avoid
$BONK consolidation is ending. Ready to pump again.SEED_DONKEYDAN_MARKET_CAP:BONK experienced a significant pump in November 2024 and has been consolidating since.
It touched my refill zone at 0.00002500 and bounced from there. However, its MACD and RSI were showing signs of a significant bearish divergence.
The correction appears to have bottomed out, with a MACD crossover on the 1D chart. This could indicate the potential for another upward pump.
The green lines on my chart mark the possible resistance/support levels.
DYOR!
WBA NUMBERS AND MANAGEMENT LOOKS GREAT SHORT TERMThis is a trade that is highly interesting for investors both in the short and long term. It would be optimal if I can accumulate all the buying opportunities up to around 15, then trim the position and hold a smaller portion for the long term. I truly believe this could be a great point to invest in WBA, but as always, close attention to price, news, and numbers is crucial.
Hedera (HBAR): Bullish Channel Targets $0.45+📈 Hedera (HBAR): Eyeing a Breakout – Here’s What to Watch 🚀📊
Hedera Hashgraph (HBAR) is holding strong within a bullish channel on the 12H chart, with the price consolidating near a critical level. The key resistance at $0.45 could be the gateway for a breakout toward higher levels, while a pullback to support zones remains a possibility.
Technical Setup:
Bullish Channel Formation: HBAR is steadily trending upward, respecting the mid-line of its channel.
Key Resistance: A breakout above $0.45 could lead to the next major target at $0.62.
Pullback Potential: Failure to break through might lead to a retest of $0.20, offering another buying opportunity.
Why Hedera is Thriving Fundamentally:
Institutional Backing: Grayscale’s interest in HBAR hints at growing institutional adoption.
Ecosystem Growth: With over 30 billion transactions, Hedera showcases unmatched scalability and real-world utility.
DeFi Advancements: Collaborations like Chainlink’s Proof of Reserve integration position Hedera as a leader in decentralized finance.
ETF Speculation: Rumors of an HBAR ETF are fueling excitement, adding bullish sentiment to the market outlook.
Hedera is carving its space as a powerful force in blockchain and Web3. With both technical and fundamental signals aligning, this could be a big year for HBAR! What’s your outlook on Hedera’s future? Share your thoughts below. 👇
One Love,
The FXPROFESSOR 💙
Time for Ethereum to Rebound from Key Support📉 Time for Ethereum to Rebound from Key Support! 🔑📈
Ethereum’s recent dip to $3,058 has brought us to a pivotal moment. This level, previously the BIG breakout zone from November 2024, is proving its strength as a support once again. Could this mark the start of a fresh upward move?
📊 Key Levels to Watch:
Support Tested: $3,058 is holding strong, reinforcing its significance.
Upside Targets: $3,227 and $3,710 are the next levels Ethereum bulls should have on their radar.
Downside Risk: A failure to hold support could see ETH drop to $2,547.
💡 Market Context:
Inflation data this week could drive volatility:
PPI Report (January 14th) and CPI Report (January 15th) are crucial for understanding inflation trends.
Expected monthly inflation: 0.2% (down from 0.3%).
Annual inflation: Likely stable around 2.9%.
🔍 With Bitcoin showing early signs of recovery, Ethereum could follow suit and aim for higher levels if bullish momentum builds. While the year has started with uncertainty, the technical picture suggests potential opportunities ahead.
Stay sharp and keep an eye on these levels as we monitor how macroeconomic data impacts the crypto market.
What’s your strategy for ETH this week? Share your thoughts below!
One Love,
The FXPROFESSOR 💙
The Fast Track to Target 3 (8.55$+)📈 Sui (SUI): 🚀 Targeting $8.85 – The Momentum is Real! 🌊
SUI is showcasing tremendous bullish potential on the 12H chart, breaking through critical levels with strength. With Target 1 and Target 2 already achieved, the price is building momentum to reach the next major milestone at $8.85 (Target 3) faster than anticipated!
Technical Breakdown:
Ascending Channel: SUI continues to trade within a strong bullish channel, respecting higher lows and higher highs.
Key Support Levels:
$4.37: Immediate support to watch for a healthy retracement.
$3.62: Deeper support zone, providing a solid base for continuation.
Upside Potential:
Break above $5.87 clears the path toward $7.19 and eventually $8.85 (Target 3).
Why Sui Could Accelerate to $8.85:
Innovative Technology: Sui's Move programming language enables faster, more secure smart contracts, attracting developers and projects.
Ecosystem Growth: Sui is rapidly becoming a go-to blockchain for Web3 gaming, NFTs, and metaverse applications.
Institutional Backing: Support from venture giants like a16z underlines long-term confidence in the project.
Bullish Sentiment: The market's growing confidence in Sui is reflected in the strong upward price movement.
The Fast Track to Target 3 🚀
If SUI maintains its current momentum, we could see an accelerated move toward $8.85, fueled by its expanding ecosystem and bullish technical setup. Watch for volume surges and decisive breaks above $5.87 for confirmation of the next leg up!
What’s your outlook on Sui’s potential? Do you think $8.85 is achievable soon? Share your thoughts below! 👇
One Love,
The FXPROFESSOR 💙
The Graph (GRT): Preparing for Liftoff – Short-Term Breakout in📈 The Graph (GRT): Preparing for Liftoff 🚀 – Short-Term Breakout in Play!
Building on the big picture, GRT is showing signs of breaking out from its descending channel on the 1H chart, which could spark a move toward the next major targets. With critical support holding and bullish momentum building, it’s time to watch this sleeping giant closely.
Short-Term Key Levels to Watch:
Immediate Resistance: $0.2299 – A breakout above this level could ignite momentum toward higher targets.
Target Zone: $0.3197 – Short-term resistance that aligns with the broader setup.
Primary Target: $0.4093 – A retest of this level aligns with the bullish breakout narrative.
How It Connects to the Bigger Picture
In the big chart, we highlighted $1.0320 as the long-term target for GRT, based on its role as a Web3 indexing powerhouse and critical technical levels. This smaller move could serve as the first leg up in a larger bullish continuation.
Why GRT Could Wake Up Soon:
Descending Channel Breakout: A potential reversal pattern is forming, indicating a shift in sentiment.
Strong Fundamentals: As the “Google of Blockchain,” The Graph continues to power decentralized apps across Ethereum, Polygon, and Arbitrum.
AI + Data Narrative: GRT could capitalize on the growing interest in AI and data-driven crypto projects.
GRT is waking up, and it might not stay quiet for long. Keep an eye on the short-term breakout above $0.2299 and the rally to $0.4093 and beyond. Are you bullish on GRT? Share your thoughts below! 👇
One Love,
The FXPROFESSOR 💙
NVO - buying quality compounder during panicFinancials great, P/E 20 is very reasonable. Top line 20%+, LLY competition threats seems exaggerated. Last time was this oversold in 2017 and quickly rebounded. Impossible to replicate knowledge and ability to innovate. Started entry position at 78.5, will be DCA until it finds the bottom (if not already)
Happy weekend
Revisiting The Great Post-Covid Comeback: DoorDashI must say, I am finding it increasingly fascinating to revisit companies that skyrocketed and subsequently crashed during the post-COVID boom of 2021 to 2023. The explosive growth of that period was driven by an unusual combination of factors, creating a perfect storm that sent valuations soaring and then crashing.
I have now written about this a few times, but I continue to find companies that have made it out alive or are in the process of getting the market's attention once again. They are making a comeback. And I love comeback stories! Just when everyone counted them out, they turnaround and surprise.
Yes, a surprising number of companies have shown resilience, adapting to the new environment with strategic pivots, improved efficiencies, and recalibrated growth plans.
Take DoorDash, for example (shown on the chart). This company epitomizes the highs and lows of the pandemic-era boom. For starters, it's up 300% since the bottom of its crash. During the lockdowns, DoorDash thrived as a lifeline for consumers stuck at home, but post-pandemic normalization presented significant challenges. Now, after navigating through turbulent waters, it seems to have found its footing once again. Its latest moves, bolstered by a mix of strategic innovation and operational focus, have nearly retraced the entirety of its crash.
What other companies from this era do you think are worth revisiting? Are there other potential comeback stories waiting to unfold?
Bullish Analysis for MARA Holdings, Inc. (MARA) 🔥 1. Strong Crypto Correlation
Bitcoin Surge: Bitcoin is trading near $105,000, directly boosting MARA’s profitability as a leading Bitcoin mining company.
Trump’s Pro-Crypto Policies: With Trump re-entering office next week, expectations for pro-crypto regulations are fueling optimism in the crypto sector.
💰 2. Operational Expansion
Data Center Growth: MARA’s acquisition of two data centers in Ohio has increased operational capacity by 70%, positioning the company for long-term growth.
Natural Gas Power Project: MARA’s pilot project for power generation reduces costs and adds sustainability, a competitive edge in mining operations.
⚡️ 3. Growth Potential
Bitcoin Reserves: MARA holds 40,435 BTC, valued at $4.2 billion, providing significant asset backing.
Market Position: MARA is diversifying into AI and high-performance computing, expanding its revenue streams beyond Bitcoin mining.
📈 4. Technical and Price Action
Support: The price is firmly respecting the long-term uptrend support, and the recent bounce off this level confirms the start of a new bullish wave.
Momentum: RSI and Stochastic Oscillator show increasing bullish momentum, signaling further upside potential.
🔹 Price Targets:
🎯 $23 (+15.0%)
🎯 $27 (+35.0%)
🎯 $30 (+50.0%)
₿ 5. Crypto Sector Leadership
MARA remains one of the most influential Bitcoin mining companies, perfectly positioned to benefit from the ongoing crypto market rally and favorable macroeconomic policies.
💡 Conclusion
With Bitcoin’s rise, Trump’s supportive policies, operational expansion, and bullish technical indicators, MARA offers a compelling opportunity for strong returns. 🌟
Nasdaq - This Can Still Be A Fakeout!Nasdaq ( TVC:NDQ ) is starting to slow down:
Click chart above to see the detailed analysis👆🏻
A couple of months ago, the Nasdaq perfectly broke above the channel resistance trendline again, attempting the creation of another parabolic rally. However bulls are not flexing their muscles properly so this breakout attempt could still turn into a devastating fakeout.
Levels to watch: $20.000, $17.000, $30.000
Keep your long term vision,
Philip (BasicTrading)