Anticipated ZEN Drop Hits Target – Long Now?The anticipated drop I was watching has played out, providing excellent long setups across many coins, including ZEN. ZEN retraced perfectly to the POC at $17.07, aligning with the fib retracement 0.85
This confluence makes it an ideal long setup, offering great potential gains
Long Entry: $17.3
Target 1: $21 (R:R 2.5)
Target 2: $27 (R:R 6)
Longsetup
Gold adjusted at the beginning of the week - still in an uptrend⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) dip slightly to around $2,765 during the early Asian session on Monday, influenced by renewed demand for the US Dollar (USD). However, the downside for the precious metal may remain limited due to prevailing caution and uncertainty over US President Donald Trump's tariff policies.
The USD gains strength as Trump escalates trade tensions with new measures. On Sunday, he imposed significant tariffs and sanctions on Colombia after the country refused to allow two military planes carrying deported migrants to land. Trump announced an emergency 25% tariff on all Colombian imports, set to increase to 50% within a week. This development adds pressure on USD-denominated gold prices.
⭐️Personal comments NOVA:
Gold prices adjusted down after a strong increase last week, creating liquidity at the beginning of the week. Still in an uptrend.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2740 - $2738 SL $2733
TP1: $2748
TP2: $2755
TP3: $2770
🔥SELL GOLD zone: $2783 - $2785 SL $2790
TP1: $2775
TP2: $2768
TP3: $2760
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
SOL Trade Setups: Key Levels to Watch for Big Moves!Solana has been on an impressive run, hitting a new all-time high (ATH) at $295. The previous ATH from 2021 at $260, along with the recent swing high of $264.63 (December 2024), are now acting as key resistance levels. Bulls are struggling to break above the $260 range and we’re seeing some bearish control as SOL trades below the weekly open, never a great sign for upward momentum.
Short Trade Setup
It’s looking like SOL could be in an ABC pattern, working on wave C. Here’s a potential short trade setup:
Entry: Around $260 if price revisits that zone.
Stop Loss: Above $270.
Take Profit: $220, where strong support lies.
R:R Ratio: About 3:1.
If you’re already short, congrats! If not, $260 could be your next chance to jump in.
Support Zone and Long Setup
There’s plenty of support stacking up between $220 and $217, making it a great zone to consider for a long position:
Point of Control (POC): At $218.50, from the November-January range
Fib Levels:
The 0.786 trend-based Fib extension is at $220.23
The 0.618 retracement (low of $169 to high of $295) is at $217.27
EMAs: The 200 and 233 EMAs on the 4H chart line up nicely with the $217 level
Channel Support: The median line from $264 to $169 also lands around $217
Long Setup Plan
Entry: Ladder longs between $220 and $217
Stop Loss: Below $217, maybe around $214
Take Profit 1: $239 for a mid-range bounce
Take Profit 2: Move your SL to entry and let the rest ride for bigger gains
Patience is Key
Whether you’re waiting for $260 to short or $220 to long, the setups are there, now it’s about watching the levels and being patient. Both trades offer solid risk-to-reward ratios, so no need to rush in.
Stay ready and let’s see how this plays out!
Bitcoin TA Alert: Perfect $97K Long Setup Incoming?Bitcoin remains range-bound between $107K and $100K as we approach the weekend. Let’s break down the current key levels and trade setups based on the data available.
Support and Long Setup
The GETTEX:97K level emerges as a strong support zone for a long trade setup:
0.618 Fibonacci retracement from the recent swing low to high aligns perfectly at GETTEX:97K
The POC (Point of Control) from the 70-day trading range also sits at this level, adding confluence
If the price reaches GETTEX:97K by Sunday or Monday, the trendline support will further strengthen this zone
A laddered long position can be placed around GETTEX:97K , with:
Stop-loss: Below $93K
Take Profit: around $113K
Risk-to-Reward (R:R): 4:1 - an attractive trade setup
Resistance and Short Setup
For the short trade setup, the current price around $106K offers an opportunity:
Enter a short trade targeting the GETTEX:97K level
Stop-loss: Above the all-time high (ATH) at $107K
Take Profit (TP): GETTEX:97K
R:R: 2:1 - reasonable given the tight risk management
DEEP Key Levels - Weekend Trade SetupsDEEP has been consolidating in a 6-day trading range and as we move into the weekend, lets look at the setups.
Short Trade Setup
Resistance Zone: The 0.786 Fibonacci retracement aligns with the POC of the 6-day range at $0.304, making it an ideal short entry
Target: The 0.618 Fibonacci retracement at $0.208, where liquidity has built up below
Risk-to-Reward (R:R): This short offers an impressive 10:1 R:R if the setup plays out
Long Trade Setup
Support Zone: The 0.618 Fibonacci retracement at $0.208 also serves as a key support level
Anchored VWAP from the recent highs provides additional support near this level
Stop Loss: Stop just below $0.195
Take Profit: TP at round 0.24
VIRTUAL - A Long Opportunity or More Pain Ahead?VIRTUAL has dropped over 50% from its all-time high of $5.14, now trading around $2.50. A head and shoulders pattern has formed, with price currently testing the neckline, a bearish sign that could signal further downside. Let’s break down potential targets and trade setups.
Key Levels and Support Zone:
1.) POC from December 2024 Range:
Located at $1.67, a significant level from previous trading activity
2.) Anchored VWAP:
Taken from the lows, currently around $1.62, reinforcing the $1.66 zone as strong support
3.) Fibonacci Retracement (Log Scale):
The 0.382 Fib from the recent wave sits at $1.77, providing additional confluence for the support area
4.) Trend-Based Fibonacci Extension:
The 0.786 Fib aligns at $1.71, further strengthening the $1.70–$1.80 range as a reliable support zone
Trade Setups:
Short Setup:
Entry: $2.836 (Fib retracement 0.618 from the current downtrend)
Target: around $1.80
Stop Loss: Above $3
Risk-to-Reward: 5:1
Potential Drop: 30–40% from the entry level
Long Setup:
Entry: $1.70–$1.80 range
Target: Depends on confirmation and take profit areas. A realistic initial target could be around $2-$2.30
Stop Loss: Below $1.52
Risk-to-Reward: 2:1 or better depending on take profit strategy
XRP - Key Levels to WatchXRP recently broke its all-time high (ATH) from 2018, touching $3.317. This key resistance was fiercely defended by bears, offering a strong short opportunity on the first break. Now, after consolidating for over 10 days, let’s dive deeper into the key levels and confluences to plan trades.
Resistance Levels
All-Time High (ATH) - $3.317
Key resistance from the recent ATH breakout, strongly defended by bears
Support Levels and Confluence
Fibonacci Retracement: 0.618 retracement of the recent impulse wave aligns at $2.74078
Weekly Level: A strong weekly level at $2.75 provides further support
Daily Level: The daily level at $2.72763 lies within the support zone
Swing High from the Previous Trading Range: The December 2024 swing high at $2.725 adds more confluence
Volume Profile (VAH): Value Area High (VAH) of the previous trading range aligns with the support zone
Fibonacci Speed Fan: The 0.618 speed fan intersects at $2.7, depending on the timing (late January to early February)
Pitchfork: While not plotted, it aligns closely with this zone, further supporting the level
Support Zone: $2.75-$2.71
Short Trade Setup
The first short opportunity arose at the ATH of $3.317, providing an excellent risk-to-reward ratio. If missed, another short trade setup can still be executed at the current price:
Entry: Enter at the current price
Stop Loss: Above $3.29
Take Profit: $2.80
Risk-to-Reward (R:R): 2:1
Long Trade Setup
Entry: Ladder longs between $2.75 and $2.71
Stop Loss: Below $2.63
Take Profit: $2.95
Risk-to-Reward (R:R): 3:1 or better
GBPJPY LONGHarmonic Pattern Trading Strategy:
1. Combine patterns with 2-3 confirmations (e.g., MA, BB, RSI, Stoch) for increased accuracy.
2. Implement proper risk management.
3. Limit exposure to 3% of capital per trade.
4. Exercise caution: Not every Harmonic Pattern presents a good trading opportunity.
5. Conduct thorough diligence and analysis before trading.
Disciplined approach = Enhanced edge.
Analysis for SOL/BTC Pair:Current Market Structure:
The chart illustrates a clear range-bound structure with defined support and resistance levels.
The price has been oscillating within the horizontal range marked by:
Support: ~0.0018052 BTC
Resistance: ~0.0029090 BTC
Key Levels to Watch:
Support Zone (0.0018052 BTC):
This level has previously acted as a strong demand zone, and the price may attempt to rebound if it revisits this area.
Resistance Zone (0.0029090 BTC):
The price has failed multiple times to break above this level, as marked by points B, D, and F.
Potential Scenarios:
Bullish Case:
A successful breakout above 0.0029090 BTC could confirm a bullish wave (W3), pushing the price toward higher targets.
The next potential target beyond the range would be around 0.0045000 BTC, aligning with previous highs and psychological levels.
Bearish Case:
If the price breaks below the support zone at 0.0018052 BTC, a deeper correction could occur, leading to lower levels.
Traders should monitor for potential bearish continuation patterns below this level.
Elliott Wave Perspective:
The chart highlights the possibility of an Elliott Wave pattern forming.
The price might currently be completing wave E, preparing for a bullish wave W3 upward.
Market Sentiment:
The chart suggests indecision, with the price consolidating within the range.
A breakout on either side of the range could determine the next directional move.
Conclusion:
Bullish Breakout Confirmation: Look for a break and close above 0.0029090 BTC with high volume.
Bearish Breakdown Confirmation: Watch for sustained trading below 0.0018052 BTC.
Stay cautious of false breakouts and monitor overall market conditions for confirmation.
GRIFFAINUSDT Reversal Incoming! 100%+ Potential!🚀 GRIFFAINUSDT – A Prime Reversal Zone with Massive Growth Potential! 🚀
The market structure of GRIFFAINUSDT is showing clear signs of a potential bullish reversal, making this an exciting opportunity for investors looking to capitalize on a breakout rally.
📉 Current Market Sentiment:
The price has retraced into a strong demand zone, aligning perfectly with the Strong Low support level.
Historical price action suggests this level has previously acted as a reversal point, making it an ideal area for accumulation.
The discount zone further indicates a value-buying opportunity, as smart money often enters at such discounted levels.
📈 Bullish Signals:
Break of Structure (BOS) indicates the possibility of a trend shift.
The price is currently hovering near the Nadaraya-Watson Envelope’s lower band, a key dynamic support that has historically triggered upward momentum.
A move above equilibrium levels could ignite rapid upside movement.
🎯 Price Targets:
Short-Term: A swift 100% gain from current levels as buying pressure builds.
Long-Term: Given the supply-demand dynamics and previous price action, a surge toward $2–$5 is within reach as the market recovers.
💎 Investor Takeaway:
The current technical setup is incredibly favorable for a bullish reversal, and smart money is likely eyeing this zone for accumulation. With strong fundamentals and technical backing, this could be a golden opportunity to enter before the next explosive move!
🚀 Don't miss out on this potential moonshot! 🚀
Snow lake resources = life changing moneySnow lake has been developing an admirable portfolio of drill sites to their repertoire. With multiple drill sites containing a slew of significant resources, and the snow lake site appraised with an estimated NPV of 1.7 billion. This company seems like a no brainer. Their drill site results should be published soon this month or in Feburary, and they have done three cash offerings to raise cash on hand and capital. The company is well positioned to drill on their sites. I have estimated that they will be making 150 million a year in revenue just off of the lithium in their snow lake site. They have found Uranium and Gallium at their drill sites as well. Gallium is crucial for semiconductor fabrcation and is considered one of the most valuable resources on this day. Most of Gallium and semicoductor production is found in Taiwan and this discovery raises an eye when it comes to valuation on this company. With Ai needing more power for the data centers Uranium/nuclear power has become a major point when it comes to pwoering these data centers. With a market cap of 100million currently this company is considered seriously undervalued with just the estimated profit from lithium drilling at snow lake. I think you will see this company reach a valuation of around 1billion-5billion and you might see these shares rise up from around 1.00 to 20-40 dollars a share in a few years time.
Thanks,
Ben
EURUSD - JANUARY 27, 2025Right now, I’m expecting price to react from the 1.04699 zone, which is an important area on my chart. If price shows signs of bouncing from this level on the 5-minute chart, I’ll be looking for opportunities to go long (buy) targeting the Daily high.
What Happens If Price Doesn't Hold?
If price doesn't hold at 1.04699, I’ll shift my focus to looking for short (sell) opportunities down to the 1.04200 zone. This area is interesting because it lines up with several important technical factors:
A 15-minute Breaker Block, which is a level where price has reacted before.
A 15-minute Fair Value Gap (FVG), which represents an imbalance in the market.
A 15-minute Order Block (OB), which is a strong area of interest for potential buyers.
Key Things to Keep in Mind:
Now, the 1.04200 zone also lines up with the daily low, which is at 1.04112. This means price might sweep below that level to grab liquidity before moving higher.
If that happens, I’ll be watching the 1.04052 zone, where there’s a 5-minute Order Block that could act as strong support. If I see a bullish shift here, I’ll consider buying with an upside target at the daily high of 1.05211.
SEI LONG SEI is currently in a support zone at 0.25 and near the lower boundary of the descending channel. The price may continue to move within this descending channel until it reaches the 0.30–0.28$ range.A reaction is likely to occur from that zone where we have the nPOC and the 61.8 Fibonacci retracement level.
XEM may be a late bloomer, and is one to keep an eye on!XEM made a decent move during the 'Trump Pump' after the November elections, but this move was nothing compared to the gains it has made in the past. For the past 8 months, it has been cheaper than it has been since 2017. I think this could be a late bloomer in terms of the pump we've seen in the altcoin market so far, but it will likely catch up and ride the wave of alt season to the top of the defined area, potentially offering around a 12X gain.
But, like most things in life, nothing is guaranteed.
Good luck, and always use a stop loss!
GRT LONG GRT seems to be heading toward the nPOC, considering that the USDT.D chart is also in a support zone, increasing the chances of GRT reaching 0.14. Interestingly, the stochastic RSI also attempted a positive cross but was rejected. Moreover, the price forms a descending triangle. These combined factors make me think there's a 60–70% chance we'll see GRT at a lower price soon.
Expecting a new ATH for XAU/USD next week✍️ NOVA hello everyone, Let's comment on gold price next week from 01/27/2025 - 01/31/2025
🔥 World situation:
Gold prices continued to rise this week, nearing the all-time high of $2,790, with a breakthrough seeming increasingly likely. Comments from US President Donald Trump could serve as a potential catalyst for further gains, especially as he hinted at holding off on imposing tariffs on Chinese goods. Currently, XAU/USD stands at $2,772, up 0.60%.
Market sentiment turned slightly cautious despite Trump's softened stance on trade policies with both allies and rivals. On the economic front, Friday's US data showed an improvement in December's manufacturing activity, according to S&P Global, while the University of Michigan's final January survey revealed a decline in consumer sentiment.
🔥 Identify:
Positive market - the chance of gold price reaching new ATH is very high. The moves on the chance of interest rate cut still exist after President TRUMP supported lower interest rates than the current
🔥 Technically:
Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows:
Resistance: $2790, $2800, $2820
Support : $2754, $2719
🔥 NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
This is a no Brainer for you noobs - check itWhat up? how is everyone doing the almost end of January w a new Admin?
one things i do wish is that Robinhood will collab with @TradingView does anyone have info on this? Why are the holding back?
follow along...
i swing only SPY 500 options- 7 years in training, a year before the covid 19.
i buy calls or buy puts overnight, easy-
up or down?
1. The week, before this weeks volume was pretty decent I must say.- this held us up.
2. I do like continuation patterns.
3. $ 605.00 is in the cards for next week of 1/27 - 1/31
4. With the month closing on Friday the 31, we may even see a low touching that $ 600.00
5. Therefore we are looking for bounces on either side.
6. I kind of like $ 600.00 to confirm there are buyers on that area of support. For our continuation of an upmarket trend.
7. Although volume and candlestick are key to watch around 605. ⛳️
do we get a birdie or a par this week? --
-
leave a comment or evaluation below.
sol buy limit longterm"🌟 Welcome to Golden Candle! 🌟
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$AMD is a multibagger stock | PT 300-350 before 2028- Anyone who wanna compound wealth tax free. Keep DCA'ing in NASDAQ:AMD for next 1-2 years to get rewarded handsomely.
- This company is expected to ramp up in revenue for the next 5 years. We are in early stages of the AI and application are expected grow exponentially and will disrupt every domain you could think of.
- Honestly, it's a gift to have NASDAQ:AMD cheap because it's completing it's correction phase.
- Price target is 300-350 before Year 2028. Don't panic with 5-10% correction if you have solid conviction in the company. Scam street would hold it down until they load the boat but so should you!
- Patience = Paytience!
USDCHF - towards 0.90810?OANDA:USDCHF is currently approaching a key support level that has acted as a strong base for upward price movement. Recent price behavior suggests this level could once again turn into a significant demand zone.
If we see confirmation of bullish sentiment—such as increased buying activity or reversal candlestick patterns—there’s potential for the price to go towards 0.90810, aligning with the current trend. If the support is broken, it may point to a reversal in momentum, potentially leading to further declines.
I am prepared for potential volatility to adjust the risk management accordingly.