SHIB1000USDT: Reversal or Breakdown?
📉 BYBIT:SHIB1000USDT.P is currently trading at a critical support zone around 0.019900 USDT . After multiple tests of this level, buyers are stepping in, but is it enough to trigger a rally?
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🔑 Key Levels:
Support:
0.018347 USDT — the last support level, a breakdown here could lead to further downside.
0.019825 USDT — current liquidity accumulation area.
Resistance:
0.022000 USDT — the first target in case of a bounce.
0.026403 USDT — a liquidity zone that could act as a magnet if the price breaks through local resistances.
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🚩 Trading Strategy:
Entry Point:
- Consider a long position if 0.019825 USDT holds with increasing volume.
Stop-Loss:
- Below 0.018347 USDT to minimize risks in case of a breakdown.
Take-Profit Targets:
0.022000 USDT — first target for partial profit-taking.
0.026403 USDT — potential target if a bullish impulse kicks in.
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📈 Technical Analysis:
The price is testing a support level with repeated buyer reactions.
A breakout could trigger a recovery phase with potential movement towards 0.026403 USDT.
If the support fails, a drop to 0.018347 USDT is likely.
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💡 Conclusion:
The price is at a crossroads: a bounce could yield great profits, but a breakdown could spell trouble. Stay alert! What’s your take? Waiting for a retest or already in? Let’s discuss in the comments! 🚀
Longsetup
Boeing is ready for next leg up to $200On December 10, 2024, we had a look at the weekly chart of NYSE:BA Boeing and it was a very good opportunity to get into this stock. Since then, we made over 20% in under one month.
After consolidating for nearly three weeks, we may have another chance to get in for the next leg up to $200. The only thing to worry about are the earnings on January 28. Those could have a huge impact on the stock price, but chances are the impact will be positive. Since 2024 was a very challenging year for Boeing with lower net orders booked compared to Airbus the comparisons are much easier to beat than it is for Airbus.
Boeing experienced a decline in various metrics last year. The company recorded 569 gross orders, representing a 61% decrease compared to the previous year. Cancellations increased by 50 units, mainly due to the anticipated cancellation of 135 jets ordered by Jet Airways. Net orders fell by 71% to 377 orders, and the net order value also decreased by 71% to $33 billion. This reduction in orders is attributed to the uncertainty surrounding Boeing's production schedule, which makes it less attractive for airplane orders. Deliveries fell by 34% to 348, and the delivery value decreased by 35% to $26.1 billion due to the grounding of the Boeing 737 MAX 9 and a subsequent strike.
If we assume no further crashes or problems with Boeing aircrafts the numbers are easier to beat, and we come from a very low base. In addition, most analysts are quite conservative right now.
Looking at the technical setup we just bounced from the 0.382 fib from the current upward movement. Below the fib we have another support at around $160 as well as a resistance at $200 with an open gap. Assuming no surprises during the earnings we’re up for another leg up to $200 (15% ROI).
Target Zones
$198-200
Support Zones
$165
$160
ADBE near Confluence Support - 33% ROI PossibleNASDAQ:ADBE is currently nearing a confluence support (an area where multiple support elements are combined) at around $410-$420. Nevertheless, opening a first position right now is already an option given the attractive valuation and the horizontal support (blue zone). In addition there are two big daily gaps (red zones) above the current price giving us some potential pulling factor towards $580. The trendline you can see is very weak and has only two real re-tests in October 2022. So, take that with a grain of salt and try to concentrate more on the horizontal support and the $410-$420 area (61.8 fib).
Looking at fundamentals (I know most of you are not really interested in such things, but they do help with swing trades) we can see a price-to-sales ratio of 9.xx suggesting upside of 50% when comparing it to the long-term average of 14.xx. ARR increased 23% YoY to $3.48B. In terms of AI, firefly generated more than 16 billion assets so far, and FY24 revenue increased by a little more than 11% to $21.51B. Current PE ratio is just short of 22.
So, adding here and more towards that $410 will give us a huge potential ROI over the next couple of months.
Support Zones
$440
$410-420
Targe Zones
$540
$580-600
Break H4 and continue uptrend 2740⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) continues to gain traction for the second consecutive day, reaching its highest level since November 6, around $2,726 during Tuesday's Asian session. Renewed trade war concerns, sparked by US President Donald Trump's suggestion of imposing tariffs on Canada and Mexico, have increased demand for the safe-haven precious metal.
Additionally, a drop in US Treasury bond yields—driven by expectations that the Federal Reserve (Fed) will implement two rate cuts this year amid signs of easing inflation—further supports the appeal of non-yielding Gold.
⭐️Personal comments NOVA:
Gold price continues to increase in large frame, break 2725 and buying power is stronger
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2701 - $2703 SL $2696
TP1: $2710
TP2: $2720
TP3: $2730
🔥SELL GOLD zone: $2740 - $2742 SL $2747
TP1: $2732
TP2: $2720
TP3: $2710
⭐️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
Trump, Gold, and FVGs: The Ultimate Plot Twist to 2726!Gold continues its overall bullish bias, as evidenced by its respect for the HTF daily FVG, supported by a 1-hour FVG that aligns with the broader structure. The green zone OB presents a potential entry point, reinforcing the upside momentum.
Key Observations:
-The FVG entry aligns perfectly with the bullish structure, adding confluence to the trade.
-Price is expected to target the buyside liquidity at 2726.195 this week.
-However, market fluctuations due to the USD and Trump inauguration period could introduce volatility.
Conclusion: Maintain a bullish outlook while being mindful of potential short-term fluctuations. The 2726.195 buyside liquidity target remains achievable if the current structure holds.
DYOR!
ETH/USDT Analysis - Bullish Breakout PotentialThe chart demonstrates a clear descending channel pattern that has been forming over the past few weeks. Ethereum has respected the boundaries of this channel, bouncing between support and resistance levels.
Current Observation:
Pattern:
A descending channel often indicates consolidation after a strong trend. It can act as a continuation pattern when the price breaks out in the direction of the prior trend.
Ethereum is currently trading near the middle range of the channel.
Key Levels to Watch:
Resistance: The upper boundary of the channel around $3,600-$3,800 is the critical resistance. A breakout above this level can lead to a strong bullish momentum.
Support: The lower boundary near $3,000-$3,100 is acting as strong support, holding the price from further decline.
Volume and Momentum:
A breakout above the resistance line with increased volume would confirm a bullish continuation.
Projection:
If Ethereum breaks out of the descending channel on the upside:
The next target could be around $4,200-$4,300, aligning with previous high levels.
Key Considerations:
A failed breakout could push the price back into the channel, retesting lower levels of support.
Always manage risk with stop-loss orders placed below the channel support.
D.Trump officially becomes US President , a Big bang for Gold? Gold prices continued to fall below $2,700 during the Asian session on Monday. Among the factors driving the decline were higher US Treasury yields, easing tensions between Israel and Gaza, and the market awaiting the inauguration of US President Donald Trump.
Investors are waiting for President Trump to issue the first order on the US President's diamond so they can make specific investments.
Technically:
Determined based on the H4 time frame and following the trend line as follows:
Resistance: $2724, $2748
Support: $2660, $2635
Price Zone Setup:
👉 Buy XAU 2686-2684 (Asia-Europe Session)
❌SL: 2679 | ✅TP: 2691 - 2698 – 2710
👉 Buy XAU 2662-2660
❌SL: 2654 | ✅TP: 2668 - 2674 – 2780
👉SELL XAU 2748-2750
❌SL: 2755 | ✅TP: 2742 - 2737 - 2730
Thank you for reading my comment: "FM"
ETH ANALYSIS🔮 #ETH Analysis - Update 🚀🚀
💲 As we said earlier #ETH performed same and retest its support level. Now we can see a formation of Bullish Flag Pattern in #ETH. Breakout of the pattern will indicate a bullish momentum.
💸Current Price -- $3425
📈Target Price -- $4400
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#ETH #Cryptocurrency #Breakout #DYOR
Solana (SOL/USDT) Weekly AnalysisSolana has demonstrated a strong bullish recovery, bouncing off the $220-$230 support zone, indicating significant buying interest in this region. Currently, SOL is trading around $270, and we are observing price consolidation with the potential for a breakout.
Key Levels to Watch:
Support Zone: $220 - $230
This area has acted as a strong demand zone, where buyers stepped in to defend the price.
Resistance Zone: $290 - $300
A breakout above this resistance zone will signal a continuation of the bullish trend.
Bullish Scenario:
If Solana successfully breaks and holds above the $300 resistance level, we could see a rally toward $350 and potentially higher levels. The bullish structure on the weekly timeframe suggests that buyers are regaining control.
Bearish Scenario:
Failure to break the $290 - $300 zone may lead to a pullback, with the $230 support zone acting as a critical level for buyers to step in again. A breakdown below $230 would invalidate the bullish outlook.
Technical Indicators:
Trend: Bullish on the weekly chart, with higher highs and higher lows.
Potential Targets: $300 (immediate resistance), $350 (next major target after breakout).
Stop Loss: If you're entering a trade, consider placing a stop loss below $230 to manage risk.
Conclusion:
Solana is at a decisive point, and traders should closely monitor the $290-$300 resistance zone for signs of a breakout. A bullish breakout could lead to significant upward momentum, while rejection might cause a short-term retracement.
ZEN Trade Setup: Ride the Wave to +50% ProfitAfter a strong bullish impulse, ZEN completed a 5-wave structure resulting in a +72% price increase and successfully took out a key high. This marked a potential short trade opportunity at the key resistance level.
Subsequently, the price retraced significantly, forming a pullback into the golden pocket (0.618–0.65 Fibonacci retracement), a high-probability buying zone. This corrective move also completed a 5-wave structure to the downside, providing a favorable long trade opportunity with a compelling Risk-to-Reward (R:R) ratio of 3:1.
The target for this long trade is the 0.618 Fibonacci retracement level of the entire impulse wave at $35.86, representing a potential upside of nearly 50%. Additionally, the negative 0.234 Fibonacci level at $35.98 aligns closely with this target, creating a good confluence zone.
Key Levels:
Entry Zone: $23–$25
Primary Target: $35.86 (0.618 Fibonacci retracement)
Confluence Level: $35.98 (Negative 0.234 Fibonacci extension)
Stop-Loss: Below the low of $21 for downside risk mitigation, DCA
ONDO ANALYSIS🔴 #ONDO Analysis : ❓❓
🔮There is a formation of "Bullish Pennant Pattern" in #ONDO in 2D time frame. We can expect around $1.58 bullish move if the price break the pattern.📈
⚡️What to do ?
👀Keep an eye on #ONDO price action. We can trade according to the chart and make some profits. ⚡️⚡️
#ONDO #Cryptocurrency #Breakout #DYOR
eth long midterm"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
Solana (SOL/USDT) AnalysisSolana has shown a strong recovery from the support zone around $170, confirming buyers' interest in this region. The price is currently trading around $237, breaking above a key resistance area.
Key Levels:
Support Zone: $170 - $180
This area acted as a strong demand zone where buyers entered aggressively.
Resistance Zone: $250 - $260
The price is currently approaching this resistance. A successful breakout will confirm bullish continuation.
Bullish Scenario:
If the price breaks and closes above the $250 - $260 resistance zone, we could see Solana targeting higher levels, with the next major target around $300. The overall market structure remains bullish as long as the support at $170 holds.
Bearish Scenario:
Failure to break the $250 - $260 zone could lead to a pullback toward the $200 level or even the $170 support zone. Traders should watch for signs of rejection near resistance.
Conclusion:
Solana has a bullish outlook, with the potential for further upward movement if it clears the resistance. Keep an eye on volume and momentum indicators for confirmation. A breakout above $260 would likely attract more buyers.
Bitcoin's Next Move: Weekend Trade Opportunities! Bitcoin has enjoyed an impressive rally over the past four days, but as we approach the weekend, price action is encountering some resistance levels, presenting potential short opportunities.
Resistance Zone and Short Setup:
The resistance zone lies between $104,464 (Fib 0.786 and Weekly Level) and $106,176 (Fib 0.886 and Daily Level). This range offers a low-risk shorting opportunity with clearly defined targets.
1.) Short Entry #1: Weekly Level at $104,464 (Fib 0.786)
Stop Loss: Above $107,000
Take Profit: Around $101,000 - $100,000 (Psychological Level)
Risk-Reward (R:R): ~1:1
2.) Short Entry #2: Daily Level at $106,176 (Fib 0.886)
Stop Loss: Above $107,000
Take Profit: Around $101,000 - $100,000 (Psychological Level)
Risk-Reward (R:R): ~4:1
Support Zone and Long Setup:
The support zone lies between $101,058 (Fib 0.618 of Current Wave) and $99,521 (Fib 0.382 of Entire Wave). Within this range, a laddered long position can be constructed for a high-probability trade setup.
Long Entry: Between $101,058 and $99,521
Stop Loss: Below $98,500
Take Profit: Around $103,000
Risk-Reward (R:R): ~2:1
Confluences for Support Zone:
Anchored VWAP: Projected support around $100K, reinforcing the psychological significance of this level.
Psychological Level: 100K
Fib Retracement: 0.618 + 0.382
Fib Speed Fan (0.5): The speed fan aligns with support near $100K, depending on timing.
Value Area High (VAH): The VAH of the range strengthens the case for the support zone and long setup.
LTC Trade Zones: Short or Long?LTC has been making some moves recently, with a solid rise getting close to a key high. But the current price action hints at an ABC corrective structure, so a pullback could be on the way.
Short Setup:
Entry: Between the 0.618 and 0.786 Fibonacci retracement of the current wave
Stop Loss: $141.4 (the previous high)
Target: $130.7
R:R: About 2:1
Long Setup:
Entry: Around $130, with confirmation
Stop Loss: $126.45
Targets:
First at $134
Second at $147 (the key high)
R:R: A nice 5:1 potential
Why These Levels?
The $130 support zone lines up with the 1:1 Trend-Based Fibonacci Extension ($130.29)
It’s also near a previous swing high, adding more weight to it as a strong level
Plan:
If price moves into the retracement zone, a short trade targeting $130 makes sense
If it hits the $130 support and shows strength, a long setup targeting $134 and $147 could be a great play
AMD coiling to $148-160 range by post-earnings- NASDAQ:AMD is one of the beaten down names. It's not too cheap at the current valuation but it's growth for upcoming 2-3 years are promising which deserves a higher multiple.
- 25%+ growth rate when revenue is in billions is a big deal unlike NASDAQ:PLTR which has high 20s % growth rate on a revenue of 250 mil a quarter.
- Technical supports strong rebound to 148-160 range to test 200 SMA. Good setup for Q1 2025.
- Downside risk is to 94-105 if it continues to meltdown.
Ethereum's Critical Resistance Breakout OpportunityEthereum (ETH/USDT) is currently approaching a key resistance level that has historically acted as a turning point for the price. The highlighted yellow line marks this resistance zone, which has rejected price action in the past. If Ethereum can break above this resistance, it has the potential for a significant upside move.
Key Observations:
Resistance Level:
The yellow line on the chart represents a major resistance level. Breaking above this line could lead to a 47% potential upside based on historical price patterns.
Volume and Momentum:
A breakout will require strong volume and bullish momentum. Traders should monitor whether Ethereum forms higher highs on shorter timeframes as confirmation.
Target Levels:
If the breakout occurs, the price is likely to test new highs, with the projected 47% gain aligning with prior bullish extensions.
Risk Management:
Stop Loss: Place a stop loss slightly below the resistance line to minimize risk in case of a false breakout.
Support Level: The recent consolidation zone below the resistance can act as a support if the breakout fails.
Market Context:
Macro market conditions, Bitcoin’s trend, and Ethereum's network developments (e.g., updates or adoption) will play a significant role in validating this move.
BTC Correction Incoming? Key Support Zones to MonitorOver the past 50+ days, Bitcoin has been consolidating within a well-defined range, with the all-time high (ATH) at 108K marking the upper boundary and 90K as the lower boundary. The current price action has formed a Head and Shoulders pattern, with the neckline positioned around 90K.
Volume and Recent Price Action
Volume has notably decreased compared to the elevated levels seen in November and December 2024, signaling weakening momentum.
Price rose significantly to 102.7K, reaching the 0.666 Fibonacci retracement level of the current downtrend, where it faced a sharp rejection. This rejection led Bitcoin to test the lows around 91.5K.
Key Resistance Levels
97K (POC): The Point of Control (POC) of the current range sits around 97K, which also aligns with the anchored VWAP taken from the all-time high.
98.3K (Fib 0.618): The Weekly Open (wOpen) coincides with the 0.618 Fibonacci retracement of the current downward wave, making it a significant resistance level.
100K (Psychological Level): A critical psychological barrier, also serving as a key level for setting stop-loss orders for short positions.
Short Trade Setup
A short position could be built in the range of 97K-98.3K, with the following parameters:
Stop-Loss: Above 100K.
Target: 84-80K range.
Risk-to-Reward Ratio (R:R): A favorable 3:1 to 4:1, depending on laddered entries.
Key Support Levels and Confluence Zone (80K-83K Region)
The 80K-83K region stands out as a strong support zone due to multiple confluence factors:
1.) Fib Retracement Levels:
0.618 (82.7K): From the swing low of 67K to the ATH of 108K.
0.5 (80.45K): From the broader wave structure (52.5K to 108.35K).
Negative Fib -0.618 (81.1K): From the current downward wave.
2.) Anchored VWAP: Anchored from 6th September 2024, currently aligning with the 82K level.
3.) ]Fib Speed Fan (0.618): Taken from the low at 52.5K to the ATH, intersecting with the 80-82K region around mid-to-late January.
Long Trade Setup
The 80K-83K support zone presents a strong opportunity for a long position for those who missed the previous uptrend:
Entry Zone: Between 80K and 83K.
Stop-Loss: Below 78K or lower.
Target: 90K, which aligns with the neckline of the Head and Shoulders pattern.
Risk-to-Reward Ratio (R:R): Approximately 2:1 if entering from the 80K level.
DOGE’s Next Move: Key Levels to WatchAfter a remarkable bull run from September to December 2024, DOGE concluded its rally with a rising wedge pattern, a sign of exhaustion. This structure also marked the completion of a 5-wave Elliott structure. The breakdown from the wedge came with a clean retest, followed by a significant drop.
Current Market Outlook
The new year began with a bullish rise, reaching the 0.618 Fibonacci retracement level at $0.364 (drawn from the high at $0.48434 to the low at $0.26216), a great short setup. Presently, DOGE appears to be forming an ABC corrective structure, with wave C in progress.
Additionally, a Head and Shoulders pattern is developing, with the neckline sitting close to the yearly open at $0.316.
Support and Confluence Zones
1.) Fibonacci Level:
The 0.618 Fibonacci Retracement of the 5-wave structure is positioned at $0.2353, which aligns with the Head and Shoulders target for strong confluence.
2.) Fair Value Gap (FVG):
There is an unfilled FVG and November’s untested high at $0.22888, which adds significant support confluence.
3.) Trend-Based Fib Extension:
Using the Trend-Based Fib Extension from wave B, the 0.786 Fib lies near the $0.2353 - $0.22888 range for further alignment.
4.) Monthly Level:
The monthly level at $0.22 strengthens the case for this zone being a critical support area.
5.) Fib Speed Fan:
If price drops to the $0.2353 - $0.22 region between January 17th and the end of the month, the 0.75 Speed Fan Fibonacci will also align with the support zone, further emphasising its importance as the fair value trend line.
Trade Setups
Short Setup:
Entry: Around the $0.397 0.618 Fib Retracement level
Stop Loss: Above $0.43
Take Profit: Targeting around $0.25/24
Risk-to-Reward (R:R): ~5:1
Potential Long Setup:
Entry: Within the $0.2353 - $0.22 support zone (confirmation needed)
Stop Loss: Below $0.22
Take Profit: Targeting around $0.275
SCALPING ! XAU ! Gold correction - back to BUY entry⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
This week's US data indicated easing inflation, boosting expectations of two rate cuts by the Federal Reserve this year, which supported the Gold price. Additionally, Fed Governor Christopher Waller stated on Thursday that inflation is expected to decline further and suggested three or four rate cuts might occur if US economic conditions worsen. The prospect of Fed rate cuts drove a further drop in US Treasury yields and kept the US Dollar near a one-week low, providing extra support to XAU/USD.
⭐️Personal comments NOVA:
Gold is adjusting down as necessary, balancing the market. Short and long term frames are still showing that the upward force will continue.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2700 - $2698 SL $2695
TP1: $2704
TP2: $2708
TP3: $2715
⭐️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