Community ideas
$ACT - Buying ZonePrice has reached the 1.318 fibonacci level from the highs.
We can scale into long at 0.27s to 0.24s range, though we might deviate to .24s to sweep the lows so leave something for DCA.
0.29 seems to be the immediate resistance, mapping out the levels for potential targets.
Potential Targets:
tp1 - 0.32
tp2 - 0.36
tp3 - 0.42 (swing point)
inverse h&s on adaADA is gearing up for its next big move with the inverse head and shoulders forming. We need to flip the zone at $1.088 and sustain for us to push to the upside and follow through with this technical chart pattern.
For more technical analysis, market research and more join our free telegram group
t.me
Bitcoin can resume the uptrendAfter a turmoil at late Decemeber and begining of January, BTCUSD can finally proceed moving with the uptrend, and here's why:
According to 1-year HODL wave indicator, it has enteted a distribution phase, which normally corresponds with acceleration of the price action in the direction of dominating trend.
BTC statistically grows better on weekends, as fiat market are closed and volatility is pretty low.
Technically, price of BTCUSD is within the dynamic support, which gives it a potentially good trade location and might trigger the new wave of buying to start.
Always DYOR and never forget to manage your risk!
POPCAT due for a rallyOnce the most pumpy of memes, has fallen from grace... but I believe a big rally is on the horizon..
Testing high timeframe trendline, macro 786..
Falling wedge pattern forming..
And bullish divergence on 4h and 12h timeframe.. Selling volume decreasing...
This is in the process of bottoming out in my honest opinion..
Short AMDI remain short AMD after this major pivot. NVDA simply will continue to outperform this company and the stock based compensation relative to cash flows for AMD is pretty bearish/reckless. Key zone 1 has been rejected after an attempt at a strong bounce, I believe the next test will also fail and the monthly demand zone will capture. This is about another 15% downside. I expect the BBWP to cool off buy the stochastic RSI to heat up momentarily before the next rejection of zone 1. Note a falling average volume as well. This is a great stock to hedge an aggressive growth portfolio with through puts, alongside other majors like PLTR.
My plan:
Put spreads March 100-105
bch sell midterm buy limit"🌟 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! 📊💡"
5) FCPO : let's play predict what will happen next weeknext week, 13-15th Jan 2025, is the last week of fcpo-march. fcpo-Apr will emerge on 16th Jan 2025.
-IF the price retraces back to 4350-4375 region OR lower at 4300-4320 region before bouncing higher. This will probably end up as tug-of-war between bull and bear. THEN, it will probably end up as a sideway pattern...
-OR a better bullish action is the price will move above 4400 -4425 immediate resistance, retraces back and bounces higher as a strong bull action.
-IF the price falls below 4330, the current support, THEN the price will move lower.
PLS remember, I am not a guru and this is not a signal service provider. THIS is mere for fun.
#tradersupporttrader #FCPO #FKLI #futurestrader #cpop #malaysiatrader #bursa #BursaMalaysia
Disclaimer : "I am not a guru and I am working hard to make profit same as everyone else. This is not a recommendation of buy or sell, just a mere idea of trading and trading journal. Please consult your financial advisor for any thought of buying or selling. Trade at your own risk."
XAG/USD Daily AnalysisSilver began to sell off around the 23rd October 2024 where it made its high for the year at $34.85
Since then, price has begun to decline in the form of a triangle.
With price approaching the top of the triangle (resistance). Watch price for a rejection or a breakout, to potentially sell or buy respectively if an opportunity meets your strategy rules.