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Cardano - Repeating the +3.000% bullish cycle!CRYPTO:ADAUSD is creating price action like back in 2020 and we might see a rally soon. Looking at the higher timeframes allows you to massively capitalize on overall market swings and cycles. Especially when it comes to Cardano, these cycles are pretty rewarding but also pretty predictable. At the moment, Cardano is repeating price action; we saw the same pattern playing out in 2020 and this break and retest was followed by a rally of +3.000% Levels to watch: $0.42, $0.25 Keep your long term vision, Philip - BasicTrading
CRYPTO:ADAUSDLong
by basictradingtv
31
XAUUSD SHORT SWING TRADEGold's Bearish Outlook for December: An Analysis Using Vinnie's Trading Cheat Code Gold's price action is a reflection of global market sentiment, economic trends, and technical signals. Based on the analysis using **Vinnie's Trading Cheat Code (VTCC)**, the December outlook for gold suggests a bearish trend. Here’s a detailed explanation grounded in both technical and macroeconomic factors: --- **1. Technical Signals from Vinnie's Trading Cheat Code** **A. CC Sell Signal on Higher Timeframes** The VTCC system has triggered **CC Sell signals** on the **daily and 4-hour charts**, indicating a shift in market momentum. These signals are confirmed by: - **Bearish Divergence in the CC MACD**: The Cheat Code MACD shows declining momentum despite previous price spikes, a precursor to potential trend reversals. - **Trend Continuation Markers**: Recent price action has failed to break above key resistance levels, reinforcing a continuation of the bearish trend. **B. Trendline Break Confirmation** A critical ascending trendline, which supported gold prices since early Q3, has been decisively broken. VTCC confirms this as a bearish trigger when combined with a CC Sell Alert. **C. Lack of Volume on Retracements** During recent upward retracements, VTCC's volume-based Confirm Indicator flagged weak buying interest. This suggests that sellers remain in control. --- **2. Macro Factors Supporting the Bearish Thesis** **A. Strengthening U.S. Dollar** Historically, gold moves inversely to the U.S. dollar. With robust U.S. economic data and the Federal Reserve's hawkish tone, the dollar is poised to strengthen further. This diminishes gold's appeal as a safe haven. **B. Rising Treasury Yields** Higher yields on U.S. Treasury bonds make non-yielding assets like gold less attractive. VTCC's Fundamental Sentiment Scanner has highlighted increased bearish sentiment in gold as bond yields rise. **C. Seasonal Weakness** Gold tends to experience seasonal weakness in December due to reduced physical demand and increased profit-taking ahead of the new year. VTCC's historical pattern analysis aligns with this seasonal trend. --- **Conclusion** Gold's bearish outlook for December is well-supported by VTCC's technical indicators and macroeconomic trends. The combination of CC Sell signals, declining momentum, seasonal factors, and macroeconomic headwinds create a compelling narrative for a bearish move. Traders leveraging **Vinnie's Trading Cheat Code** can capitalize on this trend with confidence, knowing the system’s precision in identifying high-probability setups.
FX:XAUUSDShort
by bluesignalfx
Gold (XAUUSD) Analysis: Anticipated Market Movement1. Current Market Context Phase and Structure Left Chart (1H): Price is currently in Wave 4 of a larger structure, moving within a corrective phase. Wave 5 is expected to complete the bullish push, potentially reaching 2,680.70 or slightly higher, before a Thursday/Friday correction into a bearish weekly close. Right Chart (4H): Price recently completed a Phase B (Distribution), with lower highs forming a divergence. Current push is part of a liquidity grab/inducement phase in preparation for a markdown phase (Phase C). Key Observations A final bullish push (Wave 5) is expected, likely fueled by trapped liquidity (inducement). The correction into Phase C will mark the beginning of the weekly markdown. 2. Expected Price Movement Bullish Push (Wave 5 Completion) Target Levels: First target: 2,680.70 (Divergence Wave 5). Stretch target: 2,695.32 (1.236 extension of Wave 5 diagonal). Invalidation: A failure to break 2,680.70 or a reversal before hitting 2,695.32 would indicate weakness. Correction and Markdown Phase Key Reversal Levels: Expected to top at resistance between 2,680.70 and 2,695.32, triggering markdown. Projected Downside Targets: Short-term target: 2,622.15 (support from prior accumulation). Medium-term target: 2,601.81 (support line of SC accumulation). Extended target: 2,577.30 (Wave 3 must hold or invalidate further downside). 3. Key Price Levels Bullish Resistance Zones 2,680.70: Divergence wave top (high probability reversal zone). 2,695.32: 1.236 extension; upper resistance limit. 2,735.88: Fibonacci 0.786 retracement, potential breakout target. Support Levels 2,622.15: Support line for prior distribution; minor bounce area. 2,601.81: SC (Selling Climax) boundary for accumulation. 2,577.30: Wave 3 invalidation level; failure here signals a bearish continuation. 4. Trading Plan Scenario 1: Bullish Completion of Wave 5 Setup: Look for a breakout above 2,650.0 with strong momentum. Targets: Take profits at 2,680.70 (primary target). Hold remaining for 2,695.32. Invalidation: If price fails to hold 2,650.0, exit longs. Scenario 2: Correction After Wave 5 Setup: Look for signs of reversal between 2,680.70 and 2,695.32. Short Entry: On bearish rejection at resistance zone. Confirmation of markdown with lower highs and bearish momentum. Targets: Short-term: 2,622.15. Medium-term: 2,601.81. Extended: 2,577.30. Stop-Loss: Above 2,695.32 to manage risk. Scenario 3: Failure of Wave 5 Completion Setup: If price fails to break 2,680.70 and reverses early: Early markdown phase starts. Short setup triggers below 2,650.0, targeting lower support levels. Targets: Short-term: 2,622.15. Medium-term: 2,601.81. Invalidation: Reclaiming 2,680.70 invalidates this scenario. 5. Commentary for Viewers What I Expect This Week Gold is currently showing signs of a final push higher (Wave 5) toward 2,680.70 or slightly higher (2,695.32) before topping out. Thursday or Friday will likely mark a weekly correction, as the market transitions into Phase C markdown. The correction may test lower levels, with potential targets between 2,601.81 and 2,577.30. How to Trade For Long Traders: Look for entries on dips to support levels like 2,622.15, targeting 2,680.70. Be cautious near resistance zones and ready to exit longs. For Short Traders: Look for reversal signs at or near 2,680.70 or 2,695.32. Aim for markdown targets at 2,622.15, 2,601.81, or lower. Risk Management Use defined stop-loss levels below support for long trades and above resistance for short trades. Avoid overleveraging, especially during volatility near key reversal levels.
FX:XAUUSD
by spacedevil
DOGEUSD Crypto Market Money Heist Plan on Bullish SideHii! My Dear Robbers / Money Makers & Losers, 🤑 💰 This is our master plan to Heist "DOGEUSD" Crypto Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15 mins Timeframe Recent / Nearest Low Point take entry in pullback. Stop Loss 🛑 : Recent Swing Low using 2H timeframe Attention for Scalpers : Focus to scalp only on Long side, If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. 💖Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂
COINBASE:DOGEUSDLong
by Thief_Trader
The Hidden Whale Playbook Detailed Explanation: 1. Double Top Detection Through RSI Oscillator - A double top pattern signifies that the price has reached a resistance level twice but failed to break through, often hinting at bearishness. - Using the RSI Oscillator, you’re analyzing momentum rather than just price. This tool helps identify shifts in strength and momentum within the market. - The oscillator's behavior likely showed weakening momentum at two distinct peaks, correlating with the price action's double top pattern. 2. VWAP Pointing Upwards - The Volume-Weighted Average Price (VWAP) serves as a key indicator of market trend. Its upward direction reflects that buying pressure or positive momentum is still dominant in the market, suggesting that the general trend remains bullish. - Despite the double top's bearish implications, the VWAP trajectory implies that this might be a temporary resistance rather than the start of a reversal. 3. RSI Oscillator Curving Upwards - The RSI Oscillator curving upwards indicates that momentum is picking up again after the hesitation caused by the double top. - This curve implies that the market is gaining strength for another move upward, showing buyers are coming back into play. 4. Second Wave Formation - A second wave is a continuation of a trend after a brief pullback or consolidation. Here’s what’s happening in this case: - The double top caused a temporary slowdown or minor retracement. - However, the VWAP’s upward slope combined with the oscillator’s upward curve suggests renewed buying momentum. - This dynamic is building the foundation for another push higher—a second wave. Explanation Flow: The RSI Oscillator helped identify a potential double top, signaling resistance and a temporary slowdown in momentum. However, the VWAP’s upward trajectory shows that the broader trend remains bullish, and market sentiment hasn’t shifted to bearish. As the oscillator begins to curve upwards, it indicates a resurgence of momentum, suggesting that the pullback was temporary. Together, these signals point to the likelihood of a second wave, where the market attempts to push higher, possibly testing or even breaking the resistance level. This concept was originally developed, then refined through a retracing process, and ultimately finalized by copying and pasting the improved version.
COINBASE:BTCUSDLong
by The_ForexX_Mindset
34