Community ideas
Bitcoin ready at $99,000! In 2025 back to the $22,000!Bitcoin ready at $99,000! In 2025 back to the $22,000!
Gamestop $GME monster breakout incoming?!?!?Gamestop NYSE:GME is attempting to break out! $45-65 area incoming?? Stay tuned!
Possible Trade on USDJPY After a bullish break of structure and applying the Fibonacci tool. I can identify discounted prices for entering long position and target the newly created swing High.
XRP - The global elite's darling finally making its Bull Mark. As you can see, it had a solid break and continues to maintain on the weekly. !
I've said all I need to say on this before, just filling the space up in here so I don't get a ding by a mod.
Not investment advice.
FILECOIN: Aiming for $10 Rally!If you missed DOT, I bet you shouldn’t miss this.
FIL/USDT has already rebounded from its support trendline and is gearing up for a potential 300% rally. During this altseason, we are likely to see FIL reaching $10.
~ Accumulation Range: $3.5 to CMP.
~ Trade Type: Spot or 2x-3x leverage.
~ Target: $10.
~ Period: Mid-Term (6 months).
Always do your own research and analysis before investing.
$SBSW ( Bullish ) Kondratiev wavePossibly near a bottom around this level. We have only been presented this opportunity through the history of NYSE:SBSW a few times
XAUUSD- Rebound, Resistance, and Selling OpportunitiesXAUUSD- Rebound, Resistance, and Selling Opportunities
Gold remains highly volatile.
After last week's sharp drop of approximately 1,500 pips from top to bottom, the price rebounded significantly this week, recovering around 1,000 pips.
Despite finding a potential bottom at 2,537, the price is expected to encounter strong resistance at 2,680.
I'm considering selling in that resistance zone, targeting a potential decline toward the 2,650 level.
TradeCityPro | Gold : World War III Rumors👋 Welcome to TradeCityPro!
In this analysis, we’ll delve into gold's performance and its potential scenarios in light of rumors surrounding a possible World War III.
📅 Weekly Timeframe: Upward Leg After ATH Breakou t
On the weekly chart, after breaking the critical resistance level of $2020, gold experienced a sharp rally with large bullish candles, climbing to $2400. Following a brief consolidation period, the rally continued, pushing gold to a resistance at $2751, where it registered a new ATH at $2790.
📊 Notably, both of these recent highs were accompanied by the RSI reaching 80.69, signifying a strong resistance level in the RSI. This level could serve as a key indicator to identify trend reversals in the future.
🚀 Overall, 2024 has been a bullish year for gold, with its price increasing by over 30% since the start of the year. Given the shallow corrections and strong weekly candles observed so far, gold now appears to be entering a corrective phase, which is natural and supportive of the ongoing bullish trend.
🔽 Should a sharp correction occur, the first short-term support in this timeframe is at $2409. However, this level isn’t highly reliable, and it would be prudent to wait for gold to establish a new price structure.
🧩 The SMA99 indicator reveals a significant gap between the price and its moving average. Since price and moving averages are often attracted to one another, this large distance suggests a heightened probability of a correction.
📅 Daily Timeframe: Corrective Phase
In the daily timeframe, after reaching resistance at $2789, gold has entered a corrective phase, forming a non-failure swing pattern. Additionally, the price reacted at $2558, which aligns with a trendline, indicating a dual level of support.
🧲 For the non-failure swing pattern to activate, the trendline must break along with the support level at $2558. If the price closes a candle below this area, the pattern will confirm, opening the door to further declines.
🔑 The next key supports are at $2472 and $2285. Considering the undeniable weakness in this timeframe and the Dow Theory bearish pattern, further corrections are likely.
🎲 Currently, the RSI is pulling back to the 50 level, while the price has returned to test the SMA25, after initially breaking below it. If the price gets rejected from the SMA25 and the RSI continues to decline, the likelihood of breaking the trendline and activating the non-failure swing pattern increases.
📅 4-Hour Timeframe: Futures Triggers
On the 4-hour chart, the price has completed its correction of the upward trend and is now attempting to resume its uptrend. Given the bullish momentum seen in the daily and weekly timeframes, if higher highs and higher lows form in this timeframe, it could signal the start of a Lower Wave Cycle (LWC). The targets for this uptrend are $2713 and $2789.
🔼 If the price continues its corrective movement, breaking and closing below the triggers at $2610 and $2558 could provide a solid entry point for bearish trades.
✅ The RSI has now reached the overbought region, suggesting a potential short-term correction before continuing the upward trend. If no correction occurs, the trend could become unhealthy, and such trends are often unsustainable.
Gold remains in focus as geopolitical uncertainty, including World War III rumors, adds to its appeal as a safe-haven asset. Keep a close eye on these levels and scenarios to plan your trades effectively.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
EUR/JPY BULLS ARE STRONG HERE|LONG
Hello, Friends!
EUR/JPY pair is in the downtrend because previous week’s candle is red, while the price is clearly falling on the 1H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 162.784 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely.
✅LIKE AND COMMENT MY IDEAS✅
Weekly Template Estimation November 17th Bullish Weekly CandleI am going to walk you through my thought process of what I think is the most likely weekly candle this week. I think this week's candle will be of a bullish nature. I believe Monday and Tuesday will be the low of the week, AKA the weekly wick before the expansions Wednesday, Thursday and Friday.
Last week's candle was a pause/resting pullback week after the following massive expansion candle. This week's candle has the opportunity to trap sellers down low in the false sense of a continued down trend when in fact price is just pulling back into support from the massive bull candle. Price is still in the top 1/3 of that candle.
I won't know the results of this post until Friday after everything has traded. I will be looking for buys off of support come Wednesday-Friday. I will let Monday trade while I just observe. I will not trade Monday as I don't have enough information on what the market's goals are this week. I need them to show me their hand first and then I can make more informed decisions.
Dow Jones Bull Trend Is Now In Accel Target 159,000 (2042)November is showing to be a full-bodied bull candle and at all-time highs. The 30-year bull trend is now in acceleration phase and is on track to 159,000 by year end 2042.
This week's bull candle signifies a continuation of the trend as the Election rally candle broke out of the high, the following week rested and then this week's candle continued.
This would be the best spot to be a buyer as now we are on path to 50,000 in the medium term. Long term Dow will be hitting 60,000-100,000 over the course of the next 8-12 years
There is still 260% of upside left in this bull run from 44,000-159,000 or 115,000 points left.
HBAR BULLFLAG SUPPORT TO 0.35If HBAR can find solid support at .12 and break past the .14 cent liquidation barrier we have relatively clear skies to 0.35 it takes baby steps but more importantly, the bulls to outbeat the sellers and clear some liquidity past .14
COSU/USDT 💰 #COSU/USDT
I see no other option but $COSU is breaking out of the rounding bottom accumulation🚀
✔️1TP - 0.013249 $
✔️2TP - 0.018894$
✔️3TP - 0.026249$
USDCHF Wave Analysis 22 November 2024
- USDCHF broke resistance zone
- Likely to rise to resistance level 0.9000
USDCHF currency pair today broke the resistance zone located between the resistance level 0.8900 (which has been reversing the price from July) and the 61.8% Fibonacci correction of the downward impulse from April.
The breakout of this resistance zone coincided with the breakout of the daily up channel from September – which accelerated the active impulse wave (5).
USDCHF currency pair can be expected to rise further to the next round resistance level 0.9000.
Mining Momentum Powering UpSociedad Química y Minera de Chile is gaining bullish momentum, with a gap forming around the $36.00 level. A breakout above the $44.00 resistance would signal continued strength, positioning the stock to target the $60.22 weekly resistance. With a favorable risk-to-reward ratio, this trade offers an attractive opportunity, while risk is managed with a stop-loss at $34.94.
As a global leader in lithium production, SQM is poised to benefit from the growing demand for EVs and energy storage solutions. Additionally, the potential for lower interest rates could serve as a positive macroeconomic driver, reducing borrowing costs and supporting investment in high-growth sectors like lithium mining and green energy.
This combination of technical momentum, favorable market trends, and macroeconomic tailwinds makes SQM an appealing play, with $60.22 as a realistic near-term target.
NYSE:SQM
Dogecoin: 50 Cents Confirmed Dogecoin: 50 Cents Confirmed 🚀
This is my new 4H chart. As the last analysis hit the target, I now think we will drop down to 35 cents at the lowest—not more—and then fly directly to 50 cents this month!
Good luck!
Disclaimer: This is not financial advice. Please do your own research and consider the risks before making any investment decisions.
New Setup: CRVSCRVS: I have a setup signal(green dot).I'm looking to enter long near the close of the day if the stock can manage to CLOSE above the last candle highs(white line). If triggered, I will then place a stop-loss below(SL) and a price target above it(TP-50%,move SL to breakeven), then using the close below the 10SMA as a trailing stop loss.
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Note: The above setups will remain valid until the stock CLOSES BELOW my set stop-loss level(3).
Trade Ideas for the Weekend Possible long on USDCAD, USDCHF
Possible short on GBPUSD, EURUSD
want to trade live with me comment live
PEPE USDTPepe is forming a bullish symmetrical triangle pattern.
Next move:
Breakout: $0.00002210
Target 1 : $0.00004100
$LTC Path to ATHLitecoin faces major resistance at $110. With a break of $110 we can expect to see a recovery back to previous highs. Once Bitcoin breaks $100k the altcoin rally may likely begin.
Traditionally I would be looking at the main 3 plus a innovative cryptocurrency. Last cycle it was Bitcoin, Litecoin, and Ethereum with Solana as my plus one. This cycle I am taking Bitcoin, Litecoin, and Solana replacing ETH with Chainlink as my plus one.
Some things to keep in mind:
Hashrate at ATH
Golden cross on the Daily
ETF Potential
Reliability
Historical presence
