PSO - PSX - GANN based Tech AnalysisPSO on Daily TF has been retracing quite a bit. Right now price has just bounced back from Price Action Support Zone. However, a detailed GANN based analysis supported by Fib retracement, RSI and KVO has been performed.
Trade Values
Buy-1: 408
Buy-2: 342
Buy-3: 322
SL: 272
Gann
VIRTUALhuge correction of Virtual, it seems that the investors take lots of profit during this correction, but rn it seems that the door is open for the new investors and if you see, in 4h ft price it is oversold, RSI and MACD are showing strength and accumulation, i will wait couple of hours to see how market will act and probably i will open a small amount of money a long position.
lets wait and see, patience pays.
dyor + nfa.
always remember, never trust anybody, we are not market makers, we just try to fish what market gives to us.
Analysis of the AUD/USD Chart 15 MAnalysis of the AUD/USD Chart
This chart highlights price action over a shorter timeframe (15-minute candles), showcasing a clear structure indicative of **accumulation**, **breakout**, and transition into a **markup phase**. Here's the detailed breakdown:
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**Market Cycle Stage**: **Early Markup Phase**
- The price has broken out of a prolonged **accumulation range** (yellow box), confirmed by the surge in volume and bullish price action, marking the beginning of the markup.
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**Key Observations**
#### 1. **Accumulation Zone**
- The range-bound movement between **0.6130** and **0.6158** indicates a classic Wyckoff accumulation structure:
- The **spring** (false break below support near **0.6130**) confirmed demand as buyers entered strongly.
- Subsequent consolidation above **0.6158** created a base for the breakout.
2. **Breakout and Markup**
- A significant breakout occurred above **0.6165**, aligned with rising volume, signaling strong institutional buying activity.
- The price is now testing the **1.618 Fibonacci extension level (0.6187)** with momentum suggesting a continuation towards the next targets:
- **2.618 (0.6205)** and potentially **4.236 (0.6247)**.
3. **Volume Analysis**
- Volume increased significantly during the breakout, validating the upward momentum.
- Current volume is tapering slightly but remains steady, showing sustained interest in the rally.
4. **Fibonacci Levels**
- The price retraced to the **0.618 Fibonacci level (0.6173)** before resuming its upward move. This aligns with the expected bullish trend structure.
5. **Latest 5 Candles and Wick Behavior**
- The last 5 candles are predominantly bullish, with minor wicks to the downside, reflecting strong buying pressure.
- Minimal upper wicks indicate that sellers have not regained control, confirming the dominance of buyers.
6. **Support and Resistance Levels**
- **Support**:
- Immediate: **0.6173** (Fibonacci retracement level).
- Stronger: **0.6158** (previous breakout point and resistance turned support).
- **Resistance**:
- Immediate: **0.6187** (current test level).
- Key targets: **0.6205 (2.618)** and **0.6247 (4.236)**.
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**Conclusion**
The AUD/USD pair is in the **early stages of a markup phase**, with price action and volume confirming strong bullish sentiment. If momentum holds, expect the price to target **0.6205** and possibly higher levels like **0.6247**. A pullback to **0.6173** or even **0.6158** would provide opportunities for re-entry before further continuation.
SUIvery very interesting chart of SUI, missed when it was 078 as a great entry and now it is again in a very good position.
as i see the chart sui have done several times almost the same correction and went up, now at the standing price that it is marked on the top, normally rsi and macd in 1DTF tells that it is overbought, if you can see rsi it is holding above 50 since the price have been 1.85$
to me next target of SUI above 6$
so lets keep an eve on it during these 2-3 days
Long Position on BTCUSDT with Single Take Profit **Entry Point:**
- Enter long when the price crosses and retests the $92,000 level. This is a crucial support level that could act as a springboard for a potential breakout.
**Take Profit Level:**
- **TP1:** $98,915
**Stop Loss:**
- Place your stop loss just below the $91,200 level to protect your position in case the breakout fails.
**Timeframe:**
- This setup is based on a 4-hour (H4) timeframe, with potential retests happening around key times (18:00, 06:00, 12:00).
**Risk Management:**
- Ensure you adhere to proper risk management principles. Position size accordingly and be prepared for market volatility.
**Conclusion:**
- This could be a lucrative opportunity to capitalize on a potential breakout. Stay disciplined, follow the plan, and secure those profits!
**Reference:**
- Analysis based on MoonTradingForecast published on TradingView.com on Jan 13, 2025, at 22:27 UTC+1.
**Hashtags:**
#BTCUSDT #CryptoTrading #LongTrade #TradingView #MoonTradingForecast
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Feel free to share your thoughts and results in the comments below! 🚀
TOTAL3 (Altcoin Dominance Excluding Ethereum) AnalysisTOTAL3 (Altcoin Dominance Excluding Ethereum) Analysis
📉 Current Outlook:
No clear signs of an Altcoin Season yet.
TOTAL3 chart suggests further potential downside before a reversal (as highlighted with the blue arrow).
Altcoins may drop more before bouncing back.
🎯 Strategy:
Wait for Confirmation: Hold off on altcoin positions until a clear trend reversal is confirmed on the TOTAL3 chart.
Focus on Bitcoin: In the meantime, consider trading Bitcoin in both directions (long/short) for better opportunities.
Risk Management: Always use proper stop-losses and position sizing to manage risk.
💡 Key Takeaway:
Patience is key! Let the market show its hand before committing to altcoins. Bitcoin trades offer a safer playground while we wait for the altcoin market to stabilize.
Solana Long Term Gann Monthly CandlesSolana has probably been the best performing of the last couple of years - It was even generous enough to give everyone who missed it the first the same chance at massive profits again - However the markets love affair with Sol has dwindled, once the 4th biggest coin by market cap is now down to 6th, it seemed like the Xrp rally somehow wounded Sol and not only has Sol lost support against Btc but also Eth...and Eth is still weak - Judging from the previous cycle we should see some sharp drops when next months candle opens beneath ascending support - On the macro side i'm looking to see Sol at $40-$50 usd sometime spring to summer of 2026...
$OM Is Going for the 20B$ McapStrategic Analysis: DAMAC's Digital Transformation 🔍
What we're witnessing isn't just investment - it's a complete digital transformation roadmap:
2024 Timeline:
FWB:20B commitment to US data centers with Trump
SEED_TVCODER77_ETHBTCDATA:1B RWA tokenization with @MANTRA_Chain
Major push into AI infrastructure
@DAMACOfficial isn't just 'investing in tech' - they're building an entire digital ecosystem:
Data Centers = Infrastructure Layer
MANTRA Chain = Digital Asset Layer
AI Integration = Intelligence Layer
This is possibly the most ambitious tech transformation by any Middle Eastern property developer. By choosing NASDAQ:OM for tokenization, they're creating perfect synergy between their data center business and digital asset future.
Watch this unfold over the next 5 years. Smart money spots these patterns early.
NASDAQ:OM going to be a 20B$ Mcap project in 2025.
GBP/JPY Technical Analysis: Targeting 500+ Pips GBP/JPY is currently priced at 190.200, with a target price of 185.000, implying a potential gain of 500+ pips. The analysis indicates that the pair is approaching a major trendline, which acts as a strong support level. This suggests the price may reverse or consolidate around this level. A break below the trendline could signal further downside potential, aligning with the bearish target. The 500-pip gain signifies a significant price movement, highlighting the importance of proper risk management. Traders should monitor price action near the trendline for confirmation. The setup reflects a technical pattern where the trendline's strength will likely dictate the next move. This level serves as a critical zone for potential entry or exit decisions. Staying alert to market sentiment and economic events related to GBP and JPY is essential for validation.
Gold Scalping Opportunity: Potential Long SetupGold shows potential for a short-term upward move, presenting a scalping opportunity. Confirmation is essential as the price approaches the identified zone.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Scalping and trading carry substantial risks, including the possibility of significant losses. Trade cautiously and responsibly.
1W BTC Gann BoxThey won't tell you where or what level things will end up at but they can be precise at providing an idea of which directions the price could be contained at, for all directions. Each Gann diagonal acts as a 2 dimensional support and resistance, the closer and more that they are, the more difficult it is for the PA to pass through. Areas and pockets less densely packed with angles tend to be where a lot of significant price movement happens.
ETH LONGThe chart shows an accumulation phase near the support level around $3,202.76.
The price action has been ranging, indicating a consolidation period as buyers and sellers are balancing out after taking sellside liquidity.
The area of accumulation is marked in orange, suggesting that this is a critical level where demand could overpower supply, potentially setting up for a breakout.
Key Levels:
Support Level: $3,202.76 (Accumulative Zone)
Target: 6666$
Market Sentiment: Frustration
Disclaimer: Always do your own research and adjust positions based on your risk tolerance.
The Wave is Shifting: Anticipate NIFTY’s Next Move!Dear Traders,
I hope this message finds you well in your trading endeavors and personal pursuits. I am excited to share a compelling opportunity with you through a new NIFTY analysis that sheds light on the continuation of the market shift.
Preliminary Analysis Overview:
The correction initiated on September 27, 2024, is a correction for the move from June 17, 2022, to September 27, 2024 (15,183.40 to 26,277.35). This move has spanned over 120 weeks (834 days) in time and 11,093.95 points in price. This necessitates a long-term and deeper correction, which is currently underway. This can be visually represented by the trend lines:
The downward trend from the all-time high continues, which is currently experiencing a corrective phase within a larger correction.
There are two potential phases for the ongoing trend:
Phase I:
The initial phase of correction primarily tested the .236 R of the aforementioned motive wave (refer to the figure below):
Following the correction, there is a correction within the correction in a larger degree (although the primary downtrend remains intact).
This internal correction is anticipated to rise further to test 0.146 R and 0.073 R of the long-term bull market (serving as potential resistances).
RI – 24,254.10
RII – 24,600 ~24,657
RIII – 25,100 ~25,120
*These values are not actual but merely levels.
Time resistances are anticipated on January 9th and February 17th (of considerable strength).
Reference:
Phase II:
Following the completion of the internal correction, the market is anticipated to resume its current downward trend in a more significant manner to test the 38.2 R (21,500 levels) + static support junction, which will be further discussed as the market evolves.
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**Important Dates to Remember: **
Please note the following significant economic indicators and their release dates:
**January 8, 9, and 10: ** Federal Open Market Committee (FOMC) meeting and employment data release (NFP).
**January 13 and 14: ** Inflation data release.
**January 13-16: ** Sales and inflation data release.
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**Final Verdict: **
The current uptrend is considered interim. The primary trend remains downward and is anticipated to persist further and deeper. This trend is expected to test the 38.2% resistance level coinciding with the 21,360-support level.
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**Strategy: **
Given the prevailing market conditions, adopting a bullish stance appears prudent. Key levels to monitor include 24,657 and 25,120, which are expected to be tested. It is imperative to remain vigilant and informed about potential opportunities that may arise.
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Fellow Traders,
The creation of this valuable analytical resource has required countless hours of dedication and effort. If you find it useful, I humbly request your support by boosting the idea and following me (updates will be provided via this post, new posts, and through minds). Your comments and thoughts on this idea are highly valued, and I am committed to engaging with each one personally.
Thank you for investing your time in reading this article.
Wishing you profitable and fulfilling trading endeavors!
Disclaimer:
Before concluding, I must emphasize that the insights shared are based on my analysis. It is crucial for you to conduct your own research and, if necessary, consult with a financial advisor before making any trading decisions. The dynamic nature of financial markets necessitates that your strategies align with your financial objectives and risk tolerance.
GBP/AUD Analysis📊 GBP/AUD Analysis
🔹 Entry Level: 1.99420
🔹 Security Level: 2.0400 (The price must not break this level with at least two candles to maintain the bearish direction).
🔹 Final Target (TP): 1.97780 🎯
✴️ There is a key resistance at 1.99712. Remaining below this level strengthens the bearish trend towards the final target.
⚠️ Important Note: The security level (2.0400) is the limit that the price must stay below to ensure the bearish momentum continues.
📌 Overview:
If the price stabilizes below 1.99712 ✅, we are targeting a direct move to 1.97780.
⚠️ This is not financial advice. Always use proper risk management in your trades!
Bitcoin dominance (decreasing = Altcoin season)We are currently in an uptrend for Bitcoin, targeting approximately 250k.
For altcoins to grow in dominance, Bitcoin's dominance needs to decrease.
The price of altcoins is mostly related to Bitcoin. When Bitcoin decreases, altcoins tend to follow. However, when Bitcoin consolidates or slightly increases, altcoins often experience massive upward movements.
The best-case scenario for altcoin dominance would be a golden Fibonacci level around 45%, or alternatively, a bounce at the Gann Fan 0.5 level.
CRV LongAs we analyze the CRV/USDT pair, we observe two possible scenarios for price movement in the coming days.
Bullish Scenario (Red Path):
Price breaks above the current resistance levels, moving towards the PMH (Previous Monthly High). This scenario indicates a strong upward rally, aiming to reach our conservative target in the near term. Watch for confirmation of buying pressure in the short-term to validate this path.
Bullish Scenario 2 (Black Path):
Price may fail to break the current resistance, resulting in a pullback towards the PML (Previous Market Low), which could act as support. If the price fails to maintain above this level, further downside is possible, but it might provide an opportunity for a bounce in the future.
Ensure to monitor the key price levels (current support and resistance) for a clear confirmation of the chosen path.
Happy trading!