Gann
DAY 8: PATIENCE WINS TRADES NOT TRADING.Welcome back to my trading page ,it's another week to reap some rewards.I am well aware markets open on Monday and probably many of you have made money already or not.Having been away for two trading days I have missed a lot but not really of a loss.
On Monday we did not have any impactful news and as the norm we created the weekly dealing range on most pairs,this is following Fridays release of NFP data which resulted in a strong dollar(DXY).
On Tuesday we had the release of PPI data which were disappointing for the dollar which resulted in a bearish DXY but we didn't break either sides of the dealing range.
Therefore to this point we note that we have not broken the weekly dealing range and we still have data yet to be released which is the CPI.
We had CPI for the pound earlier in the morning which resulted in a weak pound and the cable sold off but recovered in the later stages of the London session.
Today CPI data is set to be red hot and I would advice against trading before it's release which is 9:30am New York time and 4:30pm Kenyan time.
For the cable( GBPUSD) we are dealing in a range between 1.22500 and 1.21050.Current price at time of writing is 1.22200.One thing to remember is we have been in a downtrend in this pair and riding the wave is easier than riding against it.Clean break above the weekly high will see GBP seek higher prices but I expect a retest of the high and likely test new lows below 1.21050.
My chart is attached below for the said idea.
WARNING: THIS IS NOT FINANCIAL ADVICE.LOOK BEFORE YOU LEAP.
The Canadian Dollar Index CXY on 1WEEK timeframe with cycles. Just a coincidence, I'm sure... But Canada's current Prime Minister just resigned exactly at the end of the 3rd cycle on a 9 year major support level. Is the Canadian dollar about to reverse? Pay attention to Canadian news over the next 6 months to support this idea.
#BAX Crypto Trading: Fundamental Insights & Risk Disclaimer
Description:
Discover the fundamental insights behind BAX, the native token of the BABB platform, designed to revolutionize decentralized banking and financial services. BABB aims to provide accessible banking solutions through blockchain technology, targeting the unbanked and underbanked populations globally. The BAX token serves as the backbone of this ecosystem, facilitating transactions, incentivizing network participation, and enabling seamless cross-border payments.
As a trader, understanding the fundamentals of BAX is crucial. The project's success hinges on its ability to onboard users, form strategic partnerships, and deliver real-world utility. However, like all cryptocurrencies, BAX is subject to high volatility and market risks. Regulatory changes, technological challenges, and competition could impact its adoption and price.
Disclaimer:
Crypto trading involves significant risk, including the potential loss of capital. The information provided here is for educational purposes only and should not be considered financial advice. Always conduct your own research and consult with a professional before making any trading decisions. Past performance is not indicative of future results. Trade responsibly and only invest what you can afford to lose.
By focusing on the fundamentals and staying informed, you can make more educated decisions when trading BAX. Remember, the crypto market is highly unpredictable, and a disciplined approach is essential for long-term success.
#STETH Trading: Unlock Profit Potential with Key FundamentalsDescription:
STETH (Staked ETH) is a prominent cryptocurrency representing staked Ethereum in the Lido Finance ecosystem. As Ethereum transitions to Proof-of-Stake (PoS), STETH offers traders exposure to staking rewards while maintaining liquidity. This makes it an attractive asset for both long-term holders and active traders.
Fundamentals:
STETH's value is closely tied to Ethereum's performance and the growing adoption of staking mechanisms. With Ethereum's upgrades enhancing scalability and reducing fees, demand for STETH is expected to rise. Additionally, Lido Finance's dominance in the liquid staking sector provides a strong foundation for STETH's utility. However, traders must monitor Ethereum network updates, staking yields, and regulatory developments, as these factors can significantly impact STETH's price.
Disclaimer:
Crypto trading involves substantial risk, including the potential loss of capital. The information provided is for educational purposes only and should not be considered financial advice. Always conduct your own research and consult with a professional before making any trading decisions. Past performance is not indicative of future results.
By understanding the fundamentals and risks, you can make informed decisions when trading STETH. Stay updated on market trends and trade responsibly!
Harmonious energy flow on ETH/USDT: preparing for a new impulse🔮 Harmonious energy flow on ETH/USDT: preparing for a new impulse 🔮
Today, we are witnessing an important moment on the chart! The price of ETH/USDT has passed the 96% mark of the previous downward movement, which means the exhaustion of the sellers' potential. The harmonious concept of energy flow suggests that a new radial-axial dynamics (RAD) is forming at this stage. This is the point of equilibrium where energy flows from one side to the other, creating the potential for a new trend.
📍 Key levels:
Local support: 3223 is an important benchmark for holding the price.
Local resistance: 3355 is a key zone where the market will determine its further strength.
📊 What do you need to move up? A harmonious flow of energy requires confirmation in the form:
A manifestation of strength in the accumulation phase. This can be seen in the increase in buyer volumes near support.
Confident consolidation of the price above 3355. Only a breakout of this level and its transformation into support will open the way to new heights.
✨ The essence of a harmonious transition: The current forming ROD is the basis for the upward momentum to continue. The current phase of the market indicates the accumulation of energy, which is the basis for further upward movement. The market is now at a critical point where the balance of power is gradually tilting towards buyers.
👀 What to expect next? A signal for active action will be:
Confirmation of the support zone 3223.
Active breakout of 3355 with strong volumes.
Recommendation: Follow the developments in this zone. The next stage, after confirmation of the harmonic impulse, can lead to new heights, especially if buyers take the initiative in the accumulation phase.
🌊 The harmony of energy always guides us! A little more patience and the market will show us where to go next. 🚀
XLM Trading Strategy: Fundamental Insights & Risk DisclaimerDescription:
Discover a comprehensive trading strategy for XLM (Stellar Lumens) that focuses on fundamental analysis and risk management. Stellar Lumens is a blockchain-based platform designed to facilitate fast, low-cost cross-border payments, making it a key player in the crypto space. Its partnerships with major institutions like MoneyGram and its focus on financial inclusion highlight its long-term potential. However, crypto trading involves significant risks, including market volatility and regulatory changes.
This strategy emphasizes understanding XLM's fundamentals, such as its utility in remittances, growing adoption, and network activity. Always conduct your own research (DYOR) and never invest more than you can afford to lose. Cryptocurrencies are highly speculative, and past performance is not indicative of future results. Use stop-loss orders and diversify your portfolio to mitigate risks.
Disclaimer:
This content is for educational purposes only and does not constitute financial advice. Trading cryptocurrencies carries a high level of risk and may not be suitable for all investors. Ensure you fully understand the risks involved and seek advice from an independent financial advisor if necessary. The author is not responsible for any financial losses incurred.
#ALGO Combining Fundamentals with Risk ManagementDescription:
Discover a comprehensive trading strategy for ALGO (Algorand) that focuses on fundamental analysis and robust risk management. Algorand is a high-performance blockchain known for its speed, security, and decentralization, making it a promising asset in the crypto space. This strategy emphasizes understanding ALGO's fundamentals, including its growing adoption in decentralized finance (DeFi), partnerships with institutions, and its unique Pure Proof-of-Stake (PPoS) consensus mechanism.
Key Fundamentals:
Scalability and Speed: ALGO's blockchain can process thousands of transactions per second, making it a strong contender for enterprise adoption.
Institutional Backing: Algorand has secured partnerships with governments, universities, and financial institutions, enhancing its credibility.
Eco-Friendly: ALGO's PPoS mechanism is energy-efficient, aligning with the growing demand for sustainable blockchain solutions.
Disclaimer:
Cryptocurrency trading involves significant risk and may not be suitable for all investors. The content provided is for educational purposes only and should not be considered financial advice. Always conduct your own research and consult with a professional before making any investment decisions. Past performance is not indicative of future results.
By combining ALGO's strong fundamentals with disciplined risk management, this strategy aims to help traders navigate the volatile crypto market effectively. Stay informed, trade responsibly, and always prioritize risk management.
POWER - PSX - Tech AnalysisPower after the pressure of selling has started to recover.
Price is just under the 8/1 resistance line of upper Gann fan. Once price crosses it then this line will start acting as support. Just see the repetition of the triangle pattern (Orange).
RSI is also moving upwards and at present it is around 57, therefore, there is sufficient room to consider retracement which previously happened at 75 and 86 respectively.
KVO is just below zero level but likely to catch up.
Trade Values
Buy Mkt: 9.20
TP-1: 9.96 (Price Action Resistance)
TP-2: 11.80 (AB=CD)
SL: 8.20 (below previous HL)
Early $OM Adoption Signals GrowthEveryone's looking for the 'next ETH' while sleeping on NASDAQ:OM
1⃣ Only L1 securing billion-dollar institutional deals ( SEED_TVCODER77_ETHBTCDATA:1B deal with DAMAC, $500M deal with the MAG, and many more)
2⃣ Google Cloud validation and integration with the Graph
3⃣ Purpose-built for RWAs
4⃣ Major companies moving assets onchain
@DAMACOfficial didn't pick @MANTRA_Chain randomly for their $1B.
This is what early institutional adoption looks like.
$10 soon, top 15 inevitable.
#Dubai #DAMAC #MANTRA #Tokenization
2025: $OM Leads RWA Revolution2024: Everyone chasing AI tokens
2025: Smart money moving billions onchain
Just watched @DAMACOfficial partnering with @MANTRA_Chain 👇
💠Building data centers with Trump
💠Moving SEED_TVCODER77_ETHBTCDATA:1B assets to MANTRA first
💠More lined up for 2025
💠Still under $5
When institutions pick infrastructure, you watch closely.
Ultra bullish on NASDAQ:OM - double digits incoming.
#RWA #MANTRA #Tokenization #Binance #Whale
Apple Inc. (AAPL) Comprehensive Market Analysis and StrategyGreetings traders and investors! Denis Mikheev here with an in-depth analysis of Apple Inc. (AAPL) using advanced tools from TheWaved™. Buckle up as we dive into the technical, fundamental, and price action analysis to forecast price movements and provide actionable trading strategies.
Current Market Overview
Apple’s current price stands at $235.43, approximately 9.48% below its absolute high of $260.10 reached on December 26, 2024. Despite this pullback, the stock shows strong resilience, supported by robust fundamentals and technical setups.
Support and Resistance Levels
Support Zones:
$228.75
$224.05
$217.13
Resistance Zones:
$237.05
$242.41
$244.67
Key Levels for Monitoring:
Powerful Resistance at $258.55
Critical Support at $217.55
Technical Indicators Analysis
Moving Averages (1-hour interval):
MA50: $238.39
MA100: $241.09
MA200: $247.59
Relative Strength Index (RSI):
1-hour RSI: 49.41 (neutral zone)
Daily RSI: 34.6 (oversold zone suggests potential reversal)
Volume Indicators:
MFI60 (Money Flow Index): 49.28 (neutral, no divergence noted).
Key Patterns and Historical Analysis
From recent pattern sequences:
January 13, 2025: Increased Sell Volumes with a 6.84% movement, indicating short-term bearish pressure.
January 10, 2025: Multiple “Sell Volumes Take Over” patterns with mixed buy and sell signals.
January 8, 2025: VSA Buy Pattern Extra suggests a medium-term bullish rebound pending confirmation.
These patterns align with a potential range-bound movement in the near term before a decisive breakout.
Price Action Analysis
Apple’s price action over the past week has formed a consolidative structure near key support levels. Observations include:
Lower highs and consistent testing of the $228.75 support.
A potential inverted head-and-shoulders pattern forming on the 1-hour chart, with a neckline at $237.05.
Price tightly correlates with the 50-day MA, suggesting a tug-of-war between bulls and bears.
Fundamental Insights
Apple’s upcoming quarterly results are projected to beat consensus estimates, driven by robust iPhone and service segment sales. Furthermore, macroeconomic conditions, such as softening interest rate hikes, could favor tech stocks in the medium term.
Trading Strategy
Short-Term Strategy:
Entry: Buy near $228.75 support level.
Stop Loss: $224.05 to minimize downside risk.
Targets:
$237.05
$242.41
Confirmation: Look for RSI divergence or a bullish engulfing candle.
Medium-Term Strategy:
Monitor breakout above $237.05 for long positions.
Resistance to Watch: $244.67 and $250.34.
Use trailing stops to secure profits.
Long-Term Strategy:
Accumulate near $217.13 if tested, considering its historical significance as a strong support level.
Target: $258.55 with a 6-12 month horizon.
Risk Management
Employ disciplined risk management:
Risk-to-Reward Ratio: Maintain a minimum of 1:2.
Position Sizing: Limit exposure to 2% of your trading capital per trade.
Stop-Loss Placement: Use dynamic stop-loss levels based on ATR (Average True Range).
Market Outlook
1. Short-Term: Expect consolidation between $228.75 and $237.05, with potential for a breakout.
2. Medium-Term: A bullish continuation is likely if $242.41 resistance is cleared.
3. Long-Term: A test of the $258.55 resistance is probable, contingent on broader market sentiment.
Concept of Rays
Explanation of the "Rays from the Beginning of Movement" Concept
Core Idea
My proprietary analysis method is based on using rays constructed on Fibonacci mathematical and geometric principles. These rays create a system of dynamic levels that help predict precise asset movements and identify key zones where price interactions occur. Price interaction with these rays signals probable scenarios: either a reversal or a continuation of movement, but only after interaction and the appearance of dynamic factors and patterns.
Why Predicting Specific Levels is Not Possible
Financial markets are nonlinear systems, where price movement is determined by numerous variables, including market volumes, liquidity, macroeconomic factors, and participant psychology. Instead of attempting to predict specific levels, I propose analyzing probabilities of price reaction at pre-calculated key zones. Price interaction with rays provides additional insights into the direction and strength of movement.
How Rays Work
Fibonacci Rays: Each ray corresponds to a specific angle of inclination, which is mathematically significant and correlates with natural proportions and the start of movement.
Primary Advantage: Rays are constructed from the beginning of a movement pattern, rather than traditional extremum points commonly used in classical technical analysis. This allows for the rapid and accurate accounting of new trend or corrective movement phases.
Adaptability: When a new pattern emerges, rays are automatically adjusted to show the potential movement range. Price may exit this range and enter another, interacting similarly with a different ray.
Rays are Ascending and Descending: They define the boundary of the movement channel.
How to Use Rays
Historical Analysis: On historical charts, observe how price interacted with rays. This helps evaluate how often levels defined by rays led to significant movement changes.
Real-Time Monitoring: By observing current price behavior relative to rays, you can highlight key points where scenarios such as reversal or continuation are likely.
Confirmation Tool: Rays do not replace other analysis methods but enhance them, adding a structured perspective on market behavior.
Conclusion
Apple remains a solid investment with clear technical setups and a favorable long-term outlook. Utilizing TheWaved™ tools, we’ve pinpointed actionable strategies to navigate its price movements effectively. Remember to follow your trading plan and adapt to market conditions.
For any queries or further clarifications, feel free to reach out via direct messages. All our professional-grade indicators are accessible via the link in our profile. Let’s trade smarter, not harder!
Stay disciplined and trade safely,
Denis Mikheev
TheWaved™
GOOGLE INC. (NASDAQ: GOOG) ANALYSIS AND TRADING PLANWelcome to a detailed analysis of Google Inc. (NASDAQ: GOOG). Using advanced analytical tools, including the proprietary TheWaved™ platform, this report dissects recent market behavior and provides actionable insights for traders and investors. Let’s explore the technical and fundamental dynamics of the stock and forecast future price movements with key support and resistance zones.
Overview of Current Market Position
Ticker: NASDAQ-GOOG
Current Price: $193.52
52-Week High: $202.88 (28 days ago)
52-Week Low: $83.45 (803 days ago)
Key Indicators:
RSI (14): 54.92 (neutral)
MFI (60): 41.67 (indicating low buying pressure)
Moving Averages (Daily):
MA50: $183.31
MA100: $173.39
MA200: $172.54
Technical Analysis
Support Levels:
187.16 | 185.08 | 181.41 | 176.09 | 173.53
Resistance Levels:
202.88 | 197.62 | 194.55
Moving Averages Insight:
The stock trades slightly below the MA50 and MA100 on the daily chart, indicating a potential bearish short-term outlook. However, the long-term trend remains intact as the price remains above MA200.
VSA Patterns:
Recent trading sessions highlighted critical Volume Spread Analysis (VSA) patterns:
Sell Volumes Max (2025-01-13 14:00 UTC): Increased sell volumes pushed prices down by 4.42%.
VSA Buy Pattern 3 (2025-01-13 10:00 UTC): Signals potential for a rebound after testing lower supports.
Trendline and Channel Analysis:
GOOG’s price action is constrained within an ascending channel since October 2024. The lower boundary aligns with the $188.00 support zone, while the upper resistance lies near $202.00.
Price Action Insight:
The recent lower highs and consistent rejection at $194.71 suggest a strong overhead supply zone. A break and close above $195.00 will be a decisive bullish trigger.
Key Oscillators:
RSI indicates no overbought/oversold condition, leaving room for directional moves.
Stochastic cross above 50 strengthens the probability of an upward trajectory.
Fundamental Analysis
Google continues to show robust performance driven by its advertising and cloud businesses. Recent developments include:
Q4 Earnings are expected to show a revenue growth of 11% YOY, boosted by robust ad demand and cloud service expansion.
Strong financial metrics: Cash reserves of $130 billion with minimal debt.
AI innovations: Google’s advancements in AI-based ad targeting offer a competitive edge over rivals.
Market sentiment: Increasing institutional accumulation as hedge funds position for long-term growth.
Forecast and Trading Plan
Short-Term Projection:
Price action indicates consolidation within $188.00-$195.00. Traders should monitor the $195.00 breakout level closely.
Medium-Term Projection:
Given the strength in fundamentals and supportive technicals, we anticipate an upward breakout, testing $202.88.
Long-Term Projection:
Once the stock decisively clears $202.88, a rally towards $215.00-$220.00 could unfold, aligning with the next Fibonacci extensions.
Trade Levels:
Entry: Buy at $188.00-$189.50 after confirmation of support.
Stop-Loss: Place at $185.00.
Take-Profit Targets:
Target 1: $195.00
Target 2: $202.88
Target 3: $215.00
Bearish Scenario:
A breakdown below $185.00 could accelerate selling pressure towards $176.00. In this scenario, adopt a defensive approach or short-term bearish bias.
Risk Management:
Maintain a risk-reward ratio of at least 1:3. Leverage smaller position sizes when trading near key support or resistance levels.
Conclusion
The technical and fundamental landscape for GOOG appears balanced, with bullish potential outweighing downside risks. Short-term traders can capitalize on the current consolidation phase, while long-term investors may find value in accumulating positions near support zones. Using TheWaved™’s advanced analytics, we’ll provide real-time updates as price action unfolds.
Concept of Rays
Explanation of the "Rays from the Beginning of Movement" Concept
Core Idea
My proprietary analysis method is based on using rays constructed on Fibonacci mathematical and geometric principles. These rays create a system of dynamic levels that help predict precise asset movements and identify key zones where price interactions occur. Price interaction with these rays signals probable scenarios: either a reversal or a continuation of movement, but only after interaction and the appearance of dynamic factors and patterns.
Why Predicting Specific Levels is Not Possible
Financial markets are nonlinear systems, where price movement is determined by numerous variables, including market volumes, liquidity, macroeconomic factors, and participant psychology. Instead of attempting to predict specific levels, I propose analyzing probabilities of price reaction at pre-calculated key zones. Price interaction with rays provides additional insights into the direction and strength of movement.
How Rays Work
Fibonacci Rays: Each ray corresponds to a specific angle of inclination, which is mathematically significant and correlates with natural proportions and the start of movement.
Primary Advantage: Rays are constructed from the beginning of a movement pattern, rather than traditional extremum points commonly used in classical technical analysis. This allows for the rapid and accurate accounting of new trend or corrective movement phases.
Adaptability: When a new pattern emerges, rays are automatically adjusted to show the potential movement range. Price may exit this range and enter another, interacting similarly with a different ray.
Rays are Ascending and Descending: They define the boundary of the movement channel.
If you have questions or need personalized analysis for other stocks, feel free to reach out in direct messages. All indicators and tools mentioned are available via our profile link.
Thank you for reading, and as always, trade safely and strategically!
Denis Mikheev - TheWaved™
Gbpusd buy Fundamentally, GBP/USD is showing strong indications of a potential rally.
From a technical perspective, I have already entered a long position from the identified demand zone, as the price action suggests a favorable setup for upward movement.
Follow me for more insights and trade setups like this!
Usdchf sell Fundamentally, CHF is showing strong indications of strength, suggesting a potential drop in USD/CHF.
From a technical standpoint, I am already in a short position from the identified supply zone, as the price action aligns with bearish momentum.
This setup is supported by both fundamental and technical confluences, increasing the likelihood of a successful trade.
🔔 Follow me for more insights and detailed trade setups like this!
Conflunce of AB=CD and GANN SQUAREThe AB=CD is completing soon provided the Gann minor resistance does not hold, Buy entry at C was triggered by increase in volume and upward momentum. looking for signs of weakness at the fib extension 1.618 or before that to go short. Gann square is very much subjective but the market was respecting the major zones and thats all that matters to me.
Always trade what you see and practise good risk management.
january 13 Bitcoin Bybit chart analysisHello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
Please would like one booster button at the bottom.
This is the Nasdaq 30-minute chart.
There is no separate indicator announcement today.
According to the daily support + weekly central line rising pattern,
I bet on entering or switching a long position at the bottom of 20.4K.
There is a possibility of extreme sideways movement without touching the entry point,
so you must check whether it touches the weekly chart central line near 20.4K.
I just applied it to Bitcoin.
This is the Bitcoin 30-minute chart.
After the 94.5K Gap reversal in the morning,
4+6 MACD dead cross is in progress,
unlike Nasdaq, it is in a strong vertical decline.
In the current situation,
except for the weekly chart MACD dead cross,
there are no special danger signals,
and
Bollinger Band 6-hour chart resistance line->6-hour chart support line is being touched.
*When the blue finger moves,
it is a two-way neutral
short->long switching strategy.
1. 92764.5 dollars short position entry point / cut-off price when orange resistance line is broken
2. 91217 dollars long position switching / cut-off price when purple support line is broken
3. 93.4K long position 1st target -> Top 2nd target and then target price in order
While writing the analysis, the long position switching point
91.2K was touched in real time, so please refer to it.
To explain briefly, depending on the movement of Nasdaq,
it will probably be either the sky blue finger 91.2K long or the bottom 1 89.K long.
Today, it is in a downward trend as it touches the final 6-hour chart support line.
The bottom 1 section is the 12-hour, daily chart support line touch point.
From this section touch, the downside is open,
and a strong downward trend can continue,
so you should be careful in the long position position.
A similar situation is unfolding to the analysis article I left last week on the 9th.
In the case of touching 91.2K first without touching the sky blue finger 92.7K short entry point at the top,
rather than entering a long position right away,
you should use whether you touch the short position entry point at the top or the 5-minute trend reversal.
Today, the purple support line is also the last mid-term uptrend line.
Since it is also in an upward trend in Tether Dominance,
it needs a justification to fall.
In the current trend situation, you need to see if it is swept right away.
(In the case of Bit, which moves in the opposite direction, it skyrockets without adjustment)
The point is that the 1st section at the bottom is
*If a rebound is successful in the daily support + weekly center line pattern position on Nasdaq today,
it is possible that a rebound will occur at the 1st section at the bottom.
In the case of Bit, since it continues to fall vertically without touching the resistance line,
the 4-hour and 6-hour chart MACD dead cross is perfectly imprinted,
and the movement after 9 o'clock when additional candles are created is important.
Please refer to it in real time and operate well.
Up to this point, I ask that you simply refer to and use my analysis,
and I hope that you operate safely with principle trading and stop loss prices.
Thank you.