December 17 Bitcoin Bybit chart analysisHello
It's a Bitcoinguide.
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Here is the Bitcoin 30-minute chart.
The Nasdaq indicator will be announced at 10:30 in a little while.
Today, I made a strategy through a very fair vote.
If the strategy fails, there is a possibility of sideways movement and additional adjustments after tomorrow, so
please note.
Today, I will start the strategy for a 5% probability vertical rise.
*When the red finger moves
Long position strategy
1. 106,891 dollars long position entry section / When the purple support line is broken
or when section 1 is touched, stop loss price
2. 108,784.5 dollars long position 1st target -> Good 2nd -> Great 3rd
107,843.5 dollars in the middle
is a textbook-like autonomous long position section
If the purple parallel line support line is maintained until the daily candle is created
Is it valid?
Also, rather than proceeding aggressively today,
all patterns were restored after the report was updated,
and since the 15-minute Bollinger Band support line has not been touched even once,
we tried to enter the rising pattern and decided the game.
On the other hand, there is a possibility of a vertical decline in Tether Dominance.
From the touch of the 1st section at the bottom,
the short-term pattern is broken, and there is a possibility of additional adjustment after tomorrow,
so if the strategy succeeds within the purple parallel line support line today,
it is definitely good.
The 2nd section at the very bottom
is the 1+4 section,
so if the strategy fails today,
keep it open until 2.
As explained in the video,
when Bitcoin is in an upward trend, it will go together with the major altcoins,
and after the adjustment, there is a high possibility of a cyclical pumping from the minor altcoins in the rebound.
Since you have been spreading it hard, it is time to reap it now, right?
Up to this point, I ask that you simply use my analysis for reference and use only.
I hope that you will operate safely with the principle of trading and cut-off price.
Thank you for reading.
Gann
Dail CLS within the Monthly CLS. Model 2 ShortDaily CLS within the Monthly CLS. Model 2 Short
you are welcome to comment with your thoughts and share your charts or questions below, I like any constructive discussion.
What is CLS?
This company is trading for the biggest investment banks and central banks. They trade over 6.5 trillion daily volume. They are smart money of the all markets.
CLS operates in the specific times which will give you huge advantage and precisions to you entries. Focus on that. Its accuracy is amazing.
Good luck and I hope this educational post helps to become better trader
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
Dave FX Hunter ⚔
Trend analysis and strategy, continue to look at reboundGold bottomed out and rebounded on the daily line, MA10/7-day moving averages were flat at 2661/70, and the RSI indicator was running at the 50 value of the middle axis. The short-term four-hour chart bottomed out and rebounded, and the Bollinger Band lower track 2630 was supported to a certain extent. The hourly moving average golden cross opened upward, and the RSI indicator bottom diverged and stood above the middle axis. The callback during today's trading day is still mainly for low-price longs, and then consider selling.
After yesterday's decline, gold continued to return to volatility. After today, the NY market will usher in the Fed's interest rate decision, so gold will most likely continue to fluctuate before the Fed's interest rate decision, and then wait for the Fed's interest rate decision to decide the winner.
The 1-hour moving average of gold is still in a short position. The gold rebound still focuses on the resistance near the last high of 2667 and continues to see a volatile decline. Gold rebounds above 2660 and can continue to be short. Pay attention to the 2633 first-line support below. Gold fluctuates in this range and waits for the Fed's interest rate decision before choosing a direction.
First support: 2640, second support: 2633, third support: 2615
First resistance: 2658, second resistance: 2667, third resistance: 2678
Trading strategy:
Before the US interest rate decision, sell high and buy low in the range of 2633~2667
COIN 260 - 273 AFTER EARNINGS ?Why Coinbase Could Soar to $260 Post-Earnings
Coinbase, the renowned cryptocurrency exchange platform, has been making headlines with its impressive financial performance. As we approach the next earnings release, there’s a palpable buzz around the possibility of the stock price hitting the $260 mark. Here are some compelling reasons why this could become a reality:
Strong Earnings Report: Coinbase recently reported earnings per share (EPS) of $1.04 for the quarter, significantly surpassing analysts’ consensus estimates1. This positive surprise is a testament to the company’s robust revenue generation and cost management strategies.
Revenue Growth: The company’s net revenue reached $905 million in the fourth quarter, marking a 45.2% increase from the previous quarter2. This surge in revenue reflects Coinbase’s ability to attract and retain a substantial user base, despite the volatile nature of the cryptocurrency market.
Profitability: For the first time since the fourth quarter of 2021, Coinbase reported a net income of $273 million2. This return to profitability could be a strong indicator of the company’s financial health and operational efficiency.
Market Position: With a mission to increase economic freedom worldwide, Coinbase has established itself as a leading platform in the crypto economy3. Its comprehensive suite of services, including trading, staking, and safekeeping, positions it well to capitalize on the growing interest in cryptocurrencies.
Analyst Optimism: Some analysts have set high price targets for Coinbase, with predictions reaching as high as $2764. This optimism is fueled by the company’s consistent performance and the expanding adoption of crypto assets.
Technological Edge: Coinbase is not just a marketplace for crypto transactions; it’s also a technology provider that enables developers to create innovative crypto products3. This dual role could be a key driver in the company’s future growth and stock price appreciation.
Macro Factors: The broader financial market’s sentiment towards cryptocurrencies and blockchain technology can significantly impact Coinbase’s stock. Positive developments in the crypto space often translate into increased trading volumes and higher revenues for exchanges like Coinbase.
#SOL: Powering High-Speed Blockchain InnovationDescription:
This trading idea focuses on SOL, the native token of the Solana blockchain, renowned for its high-speed and low-cost transactions. SOL powers a next-generation blockchain designed to scale decentralized applications (dApps) with unmatched efficiency, processing thousands of transactions per second. Solana has gained substantial adoption across DeFi, NFTs, and gaming sectors, solidifying its position as a key player in the crypto ecosystem. Its ability to deliver performance, scalability, and low fees makes it attractive for developers and users alike, driving long-term growth potential.
However, investors should be cautious, as the cryptocurrency market is highly volatile and influenced by macroeconomic trends, regulatory developments, and technological changes. While Solana shows strong fundamentals, trading SOL requires a well-considered strategy and risk management.
Disclaimer:
This trading idea is for educational purposes only and should not be considered financial advice. Trading cryptocurrencies like SOL carries significant risk, including the possibility of losing your entire investment. Always perform your own research, evaluate your financial situation, and consult a professional advisor before making any investment decisions. Past performance is not indicative of future results.
BTC.D finishing bearish retesthi Traders,
BTC.D broke down out of the rising wedge and now we're seeing a pullback to the upside which itself may be a bearish retest.
If BTC.D gets rejected here, we will see an alt-season.
Most likely the alt-season will be led by ETH but other coins should outperform BTC too.
When BTC.D reaches 47%, taking profit on alts will be very reasonable.
MANTRA ($OM) and the Rise of RWAs#Bitcoin hits new high, and Ethereum is also experiencing a parabolic rise. $XPRT is expected to follow this upward trend. 📈
#MANTRA quietly building the rails for institutional RWAs while others chase hype.
These are the projects that matter when big money moves. 🧠
Now might be a good entry IMO.
#OM #DYOR
AMC Stock Analysis: Poised for a Skyrocketing Rally?AMC Entertainment Holdings (AMC) has shown intriguing market behaviour recently. Since its low of $4.03, the stock staged an upward move, peaking at $5.50. This move could be seen as corrective, but due to its correlation with GameStop (GME) and retail investor sentiment, we interpret it as an impulsive contracting diagonal wave.
The subsequent drop to $4.30, marked by an ABC correction, likely served to shake out stop-loss orders. Now, AMC appears primed to surge beyond $5.50, with an initial target of $18 and the potential to climb toward $40 or more.
However, our bullish scenario hinges on $4.03 remaining untouched. Breaching this level would invalidate our outlook and point to further bearish pressure. For now, AMC represents an exciting opportunity for growth, supported by technical signals and market momentum. Stay tuned for updates as this stock unfolds its next chapter!
Is the financial system entering a new era?This chart is one of the clearest and most striking indicators of the S&P 500 and Monetary Expansion around the world on a monthly basis.
Is history repeating itself or is the financial system entering a new era ?
Markets are rising again after the Mortgage Real Estate Crisis in 2008 and the Covid-19 Pandemic in 2020. But what is behind this rise? Could the fact that the S&P 500 has held its value while the money supply has skyrocketed be a harbinger of a new growth cycle?
What is remarkable;
In the 2008 Real Estate Crisis, this ratio, which had been steadily moving above the trend line, was pulled down sharply and trapped below the trend line. For many years, there was an invisible pressure to maintain the trend below this line.
Whenever the trend line started to be tested again, this rate was pushed down again by the Covid-19 pandemic in 2020 .
January 2024 is a historic turning point;
It managed to rise above the trend line after exactly 16 years and entered a steady uptrend. This development sends strong signals that a brand new economic order has been established in the world.
So what happens now?
After testing a new ATH level , what crisis or crises await us in the markets? Or is the financial system heading for a completely different course from the historical scenario this time?