Total ChartAs predicted market gave us a correction and we got supported from our weekly zone. There is a chance it comes to the support once more and have a consolidation for a while and continue to push upwards.
If that happens we can have a discount on already discounted alt coins. So be brave and don't trade with emotions, but the dips and you'll thank me later.
DYOR
Goodluck
Community ideas
SYM - PSX - Technical AnalysisSYM is in bull run.
At present KVO is suggesting a strong bull run; however, a bearish divergence has formed on RSI, which may cause the prices to retrace a bit which is good as then a Higher Low of the Bull cycle will be defined and then price will again go up. Therefore, buy on dip is quite possible but in case price continues to go up then Buy-3 should be executed, otherwise Buy-1 and Buy-2 would suffice.
Trade Value:
Buy-1: 17.17 (at fib 0.38 retracement)
Buy-2: 16.33 (at fib 0.50 retracement)
Buy-3: 20.11 (if Buy 1 and Buy 2 are not triggered)
TP-1: 21.67
TP-2: 23.63
SL: 12.30
NVIDIA $NVDA | FALL OF THE CHIP KING, WHO'S UP NEXT? - Dec22'24NVIDIA NASDAQ:NVDA | FALL OF THE CHIP KING, WHO'S UP NEXT? - Dec22'24
NASDAQ:NVDA BUY/LONG ZONE (GREEN): $136.25 - $149.00
NASDAQ:NVDA DO NOT TRADE/DNT ZONE (WHITE): $133.00 - $136.25 (can be extended to $127.25 - $136.25)
NASDAQ:NVDA SELL/SHORT ZONE (RED): $118.25 - $133.00 (can be extended to $118.25 - $127.25)
NASDAQ:NVDA Trends:
NASDAQ:NVDA Weekly Trend: Bullish
NASDAQ:NVDA Daily Trend: Bullish
NASDAQ:NVDA 4H Trend: Bearish
NASDAQ:NVDA 1H Trend: Bearish
NASDAQ:NVDA stock has been in a downtrend since their last earnings release on Nov20, who will become the next trillion-dollar chip maker? Trying a new style of analysis. Previously would erase the zones that I would reference in the past, but now I will include them, as I have been constantly updating my NASDAQ:NVDA analysis for other to use and follow along. After we saw the fall from the Nov20 earnings report, price pulled back to the previous price level the day of earnings release, before tumbling back into the bearish zones. The down trend has not been broken for NASDAQ:NVDA , but bulls should look for a break above 136.25 and bears should look for continuation below 133.00 or 127.25.
I will link below my previous NASDAQ:NVDA analysis, along with my NASDAQ:SMCI analysis and NASDAQ:AMD analysis!
This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas.
ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!
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Falling towards pullback support?USD/CHF is falling towards the support level which is a pullback support that aligns with the 127.2% Fibonacci extension and also slightly above the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 0.8888
Why we like it:
There is a pullback support level that aligns with the 127.2% Fibonacci extension and also slightly above the 50% Fibonacci retracement.
Stop loss: 0.8832
Why we like it:
There is a pullback support level that is slightly below the 61.8% Fibonacci retracement.
Take profit: 0.8960
Why we like it:
There is a pullback resistance3 level that lines up with the 50% Fibonacci retracement.
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XAGUSD Silver BEARISH - Head & Shoulders and Wedge BreakSilver has two patterns on the Daily TF that indicate a bearish direction ahead.
There is a complete Head & Shoulders pattern and also a Rising Wedge pattern that has been broke. Silver (XAGUSD) has recently had a bullish retracement to re-test both patterns and should start falling soon.
Short-Term TP = $28
Long-Term TP (from Head & Shoulders) = $24.60
Long-Term TP (from Wedge) = $20.70
I expect the short-term TP to be hit at least. The longer-term TP's may or may not be reached. What will probably happen is that the Head & Shoulders target will be reached and Silver will hold up around the $25 level.
NOTE : I personally love Silver and think it's a great long-term investment. I also consider it a highly manipulated market. I am bearish now based solely on the chart, but keep in mind that anything can happen with Silver!
BTCUSD-SELL strategy 3D chart GANN SQTHE BTCUSD has as always wide ranges, tops and bottoms. The highest area $ 108k handle also coincides with GANN strong resistance, whilst current support is some where $ 95k-98k
Overall, there is selling pressure, and the difficulty is to know how high we go before lower, but my viewpoint is we will see below $ 80k - 75k handle in the near term. Whales have been unwinding positions, and rightly so.
EURUSD Quick Buy before the DropI anticipate a quick buy opportunity on EURUSD before a potential sell-off, driven by both technical and fundamental factors. The orange supply zone indicates a critical resistance area where sellers are likely to step in, while the green demand zone serves as a strong support. If the price retraces to the demand zone and holds, a short-term bullish move toward the supply zone is likely. Fundamentals also support this bias, with temporary strength in the euro stemming from recent data, while broader macroeconomic pressures on the eurozone suggest a continuation of bearish momentum after the short-term rally.
Continued shopping in the new weekBefore the start of the new week, let's look at the market position and the prospects for a new weekly candle. After an aggressive continuation of sales within the framework of the annual pullback, as expected, ether is attempting a reversal, the purpose of which is to retest 4000 at least and likely consolidate higher. Today and tomorrow, there is still a possibility of a new sales impulse at 3150-250 with continued growth from the second bottom. Aggressive rebounds can be expected from 3750 and 4000 due to the low opening of the week and the continued likelihood of a transition to stable sales from the 4000 retest. The coming statistics and dynamics of the foreign exchange market will have a great impact.
Against the background of the attempted reversal on the air, individual alts also made similar reversals. AST and VIB showed good growth waves. The AST has weaker signals for a move, and therefore a new wave of growth can be expected in the new week after the shadow is drawn on a new weekly candle with a retest of the current loyalties. This month, there remains an opportunity to test the range of 0.15-25 when ether returns to a bullish trend in the coming week.
According to VIB, the signals for the move are much stronger, as well as it is in a more oversold position on large timeframes, and therefore growth may continue in a row with a test of 0.125-150 today or tomorrow. This is also facilitated by maintaining top growth in binance, which provides a good inflow of liquidity. With a successful breakdown of 0.125-35, the probability of a test of the range of 0.12-15 remains with stable ether.
VITE also remains interesting, which has not yet shown an attempt to reverse the weekly candle, and therefore a wave of growth is likely today. However, coins were added to circulation at the end of last week, which is highly likely to lead to a rebound from 0.0175-900 and an attempt to move from a repeated retest of loyalties.
Also, good growth waves in the new week can be shown by coins located at strong supports OG ALPACA PIVX VIDT BIFI UFT FIRO CREAM WING AMB PDA.
There is a rather negative trend for TROY, we have not seen a break since the third wave, and therefore there is a high probability of a rollback to 0.0025-35 in the new week. Price retention is possible only if yesterday's daily candle breaks today.
$ZECUSDT : Privacy Coin Ready to Rally?BINANCE:ZECUSDT , a leading privacy-focused cryptocurrency, has demonstrated a strong rebound following a recent market downturn. This resilience has captured the attention of the crypto community, sparking renewed interest in the coin. Technically, BYBIT:ZECUSDT.P has exhibited a pattern of overcoming resistance levels, forming higher highs, and suggesting a bullish trajectory. The current resistance at $80 is a critical hurdle. A successful breach of this level could potentially unleash significant upward momentum. Traders are advised to exercise prudent risk management practices, including setting stop-loss orders, to mitigate potential losses.
COINBASE:ZECUSD Currently trading at $53
Buy level: Above $44
Stop loss: Below $34
Target : $200
Max Leverage 3x
Always keep Stop loss
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Alt Bull market cap targets broken out in JPY (leading) 2-->5X?Bullish signal for Alts Others market cap shows breakout in JPY
Others shows the total crypto market cap minus top 10
(Also you could pullout timing view more and consider the macro chart which shows price is supported or risked by long term trendline support not shown here.)
You have to love that the Others price was supported by the 200 EMA so the banks got busy buying at that point pretty much nearly all alts took off as their index said buy a coffee and cake sit down and press that buy button all morning some serious buying to increase your year end bonuses. House, car, boat, plane?
JPY crypto prices signals are clearer at the moment in crypto land we got our retest of the break of the neckline so hopefully off to the races we go for first part of 2025 or does the big bad bear just knock us over. If prices fail then you know crypto is no longer the place to be and alts will be hit hardest first. The canary in the coalmine for sure. Signal will be break of the lows or the now trendline under the price action on Others market cap.
Maybe the big boys borrowed their funds in JPY carry trade and put it into crypto ?
The Head and Shoulders chart shows breakout and retest neckline
The cup and handle chart shows breakout
The targets shown depending on where you set them from ... All show upwards just a case of is it 2x or 5 x - any of these numbers will do
Cycle timing suggests the Crypto alt market will finish in Oct 2025 if it follows prior cycle timings, these chart signals tell us to be careful from end of April 25 as we are in pattern over performance and maybe price runs between the green lines longer. This are guides and no certainty - based off old charting rules and rules of thumb! If any doubt say on the safe side and book profits. There will alway be more opportunities
I am turning Japanese ! those guys have got it going on! early signals when viewing charts in JPY and potentially targets better defined. However volume is still in USD but did they borrow the money from the JPYUSD carry trade? Hence the JPY signals being reliable?
Happy days ! to all Alt crypto traders out there! stay with the trend until it breaks under the 200 EMA or breaks that trendline first of course.
Stay sharp and in contact people as the big bad Bear will follow this. Then all bets are off or survive on short trades as monolithic biblical bears emerging for our first real super bear cycle in 2025 - which no one seems to be aware or talking about! but USA equites seem to be rolling over - so careful out there this year coming.
NEAR long entryhello to everybody and welcome back to another analysis with me, I hope you are all doing well.
in this analysis, we are gonna take a long position on NEAR.
after dumping for days, the price finally gave us a structure shift in the higher time frame and after pulling back for a day, the pullback phase is potentially over because we got a change of character in the lower time frame and it potentially means that the price is ready to go higher and take out the high that I targeted and make a higher high in 1h TF (hopefully).
remember to manage your risk and we all trade by probability, not certainty.
this is not financial advice and is my personal trades and opinions on the market so keep that in mind.
thanks for reading and have a great day. <3
NVDA Bullish Engulfing CandleBullish Engulfing Candle:
The current price action forms a Bullish Engulfing pattern, where the green candle completely engulfs the prior red candle.
This indicates strong buyer momentum, hinting at a potential uptrend.
Key Levels:
Entry Point: $137 – A breakout above this level confirms the pattern’s validity.
Stop Loss: $132 – Positioned just below recent support to minimize downside risk.
Target 1: $140 – The first profit target based on the nearest resistance.
Target 2: $144 – The secondary target for extended gains.
Indicators Supporting the Setup:
RSI (Relative Strength Index): Currently at 42.74, suggesting neutral to slightly oversold conditions, supporting the likelihood of a rebound.
MACD (Moving Average Convergence Divergence): Convergence indicates a potential bullish crossover, reinforcing the upward momentum.
Support and Resistance Zones:
Support: Strong support at $132, limiting downside.
Resistance: Resistance at $137 and $140 will act as hurdles to overcome for continued upside.
Trading Plan
Long Position: Enter if the price breaks and holds above $137 on strong volume.
Stop Loss: Set at $132 to protect against invalidation of the bullish thesis.
Take-Profit Levels:
Target 1: $140 – Secure partial profits at this level.
Target 2: $144 – Allow remaining position to run toward this extended target.
BTCUSD Revision 22 December 2024Hello Nation!
Let’s see what BTC did. We open today at 96537 area. It did made a huge gap breaking a Resistance level. The same Level became a Support. As multiple rejections can be seen. To me that a good hint for a buy entry. I marked out my m15 Box and that will be my point of interest for a buy entry.
With 30 Pips SL risk and 100 Pips TP. It will be a nice winner. I did took this entry but i secured at 94 Pips. My risk was smaller than 30pips as i make them precise on m1 or m5.
Price went up straight to a Daily SBR area. Once i spotted Price was breaking a support on the H1, this information is key to me. I marked the Support that broke and that same area is now Resistance. A point of interest which i will monitor.
Again, I drew out my m15 box after the identifying Support and Resistance in that area. Upon seeing multiple bearish reactions. I was confident price will be making a move down. I took a sell entry.
This time i targeted the H1 low which give me a bit more than 100 pips. I secured this entry at 138 Pips. Knowing that there was gap during market open. I could have attempted to target much lower. But i am happy with what i got. It was a very good day for me.
BTC is just bouncing off its supply and demand. As you know, I don’t make predictions on my post. I will only try to share what story that i see after the candles happen.
Thank you for Reading. Good Bye!
Ethereum VS Bitcoin has bottomed. BUY!!It has been a long while since I have made a chart as I have only been updating older charts.
It's time for a new one!!
Taking a look at this weekly chart of ETH VS BTC I do believe it has either bottomed or very near the bottom. Expect a strong reversal very soon, could start before this months end.
There is some bullish divergence in the RSI and the LAZY BEAR indicators, which is also a very positive sign.
This is one of the ultimate Alt season indicators, do not let the market or anyone else fool you. 2025 will be very good for the alts at least.
What to look for in 2025
Although I do expect another higher high from Bitcoin in quarter 1 of 2025, it is also possible that it might have topped already. Time will tell that.
Scenario 1 Assuming bitcoin has topped the rest of the rally will be about alts and them forming a top in quarter 1 which would mark the end of the bull market.
Scenario 2 This is the one I prefer and expect. I do see bitcoin making another move higher in quarter 1 and topping anywhere from 120k all the way to 170k area. Most likely 120k to 145k max. The sure bet is, bitcoin will surprise most people. Now during this run up expect Ethereum to make leaps and bounds along with most if not all altcoins.
KEY POINT Altcoins will most likely top after bitcoin tops. How far out this goes is the question and I do have a theory for it. No matter where
and when bitcoin tops out at, I do expect a strong rally latter in the year with a good chance that some or a lot of altcoins continue to make new highs while bitcoin does not. This would be the ultimate sell and don't look aback signal if it were to happen.
The RSI and where ETH could top vs BTC.
I would strongly look at the down trending yellow line I have added to the RSI as a strong resistance area and possible sell zone. The area of interest is at the 77 to 80 on the RSI.
That's all I have for now but be sure to follow as I will continue to update and add new info fairly often to this chart for the next few months or most of 2025.
Kind regards
WeAreSat0sh1
PS: Jesus is the reason for the season.
Bitcoin's Rally Loses Steam: A Reversal Pattern Takes Shape● Bitcoin reached a record high of approximately $108,390, driven by strong bullish momentum.
● However, the rally was short-lived as intense selling pressure kicked in, triggering a rapid decline to $92,500 and erasing some of the recent gains.
● The frequent price fluctuations are likely to form a Head & Shoulder pattern, a bearish pattern that indicates a potential trend reversal and further downside.
● A sharp decline is expected if Bitcoin breaches below $91,500.