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BTC Scalp longBTC price has now made a HL after that last dip.
Long scalp opportunity here to long any small retrace as long as it doesn't take out the previous low circled. Trade invalidated if it loses the low except if it just wicks below to take liquidity then pumps back up.
Similar to the long entry on the chart.
AUD/JPY 4H Timeframe AnalysisAUD/JPY 4H Timeframe Analysis
Trend Analysis:
The AUD/JPY pair is currently in a reversal phase, with the price initially hitting minor support at 95.700 during a downtrend. This was followed by the formation of a Doji and a Bullish Engulfing Candle, signaling a shift in market sentiment. The price began creating higher highs and higher lows, eventually breaking the minor resistance at 98.200. After a retest of this level, a double bottom formed, accompanied by a wick rejection and a bullish engulfing candle, further confirming the bullish reversal. The price then moved above the minor resistance, accumulated buying orders, and performed a liquidity grab below the resistance before resuming its upward momentum.
Price Action Expectation:
After the liquidity grab, our objective is to wait for the price to break above the minor key resistance at 98.200 again, confirming a continuation of the bullish trend. The plan is to place a buy stop order above the resistance at 98.240, ensuring entry once the breakout is confirmed. A stop loss will be placed below the liquidity grab at 97.460, while the target for this trade will be the next resistance level at 99.930.
Trade Setup:
Trade Type: Buy Stop
Entry Price: 98.240 (just above the minor resistance after a breakout)
Stop Loss: 97.460 (below the liquidity grab)
Take Profit: 99.930 (next resistance level)
Additional Considerations:
Key Level Reactions: Monitor price behavior near 98.200. If the price fails to break above this level, it may indicate potential consolidation or reversal.
Risk Management: Ensure proper position sizing to maintain a favorable risk-to-reward ratio of at least 1:2.
External Factors:
Stay vigilant for economic data releases or geopolitical events that may impact the AUD or JPY, as these can introduce unexpected volatility.
Conclusion:
The AUD/JPY pair exhibits strong bullish potential following a liquidity grab and double bottom formation. Traders should watch for confirmation of the breakout above 98.240 to capitalize on the continuation toward the 99.930 resistance level. As always, careful risk management and attention to key levels are essential for executing this trade effectively.
$HYPE H4 OutlookGETTEX:HYPE is a token traded in the crypto market, with utility focused on blockchain adoption within specific ecosystems like DeF, or community-driven use cases. Hyperliquid has recently achieved significant milestones in trading volumes, particularly in decentralized perpetual swaps. As of December 13, 2024, the platform’s cumulative perpetuals trading volume surpassed $500 billion, marking a 15-fold increase within the year.
In terms of daily activity, Hyperliquid recorded an average daily trading volume exceeding $5 billion, accounting for over 45% of the total on-chain perpetuals market. Notably, Ether (ETH) perpetuals led this activity, with a trading volume of $7 billion over a recent week, surpassing Bitcoin’s (BTC) $5.94 billion in the same period.
Based on H4 chart:
1. Liquidity Zones
• Sell Side Liquidity is observed around $25.401 and $20.832, indicating stop-loss zones or short positions that could be targeted by bearish price moves.
• Buy Side Liquidity exists near $35.845 and at 1.618 $42.093, suggesting potential areas for price surges if bullish momentum builds.
2. Price Structure & Tren
• The price is currently consolidating with potential for a breakout above resistance levels.
• The SMA 13 (yellow line) and SMA 21 (blue line) are attempting a golden cross, which typically signals the start of bullish momentum. However, further confirmation is needed to verify this trend.
3. Relative Strength Index (RSI)
• RSI is in the neutral zone near 50, indicating no significant bullish or bearish momentum yet. However, the upward trend in RSI suggests increasing buying pressure.
4. Price Movement Projections
• Bullish Scenario: If the price breaks above resistance at $35.654 and captures liquidity above the Buy Side Liquidity zone, the next target would be $42.016 (Fibonacci extension level 1.618)
• Bearish Scenario: If the price fails to hold above $25.401, it could retest the Sell Side Liquidity zone at $23.533 or even $20.832 as a strong support level.
BNB Bull Run Prediction WeeklyBNB is being used widely in the binance platform it self which has pretty big BNB community. Thats a side, price is finally performing a break out after 4 years with 4 rejeceted price levels...
Okay thats great but How can we predict the possible tops? I've used fib levels 1.618 and 2.618 in the chart as u can see.
What if Run Fails?
I don't know if possible but if ever bnb comes to 200 dollars and below there will be insane amount of buying pressure. Possibly Banks and instutions will use that level to push the price back to 1k
This bull run, likely will lead bnb coin to 2x easily, But why it cant do 10x 20x 30x just like before?
Well with the increased market cap, i dont think we will see those old insane profits anymore, especially in big coins like btc solana ethereum xrp and bnb and more.
My analysis is just to look back and see my mistakes. This is just a diary.
S&P 500 ETF (SPY) About To Go Down - TIMBER!📉 Overview:
The S&P 500 (SPY) is signaling a bearish reversal with technical and momentum indicators aligning for a potential decline. A completed 5th wave top, coupled with a breakdown from the bearish wedge, hints at deeper corrections in the coming sessions.
📊 Technical Analysis:
Elliott Wave Count:
SPY has likely completed its 5th wave top, marking the end of the bullish cycle.
Bearish Wedge Breakout:
Price has decisively broken below the rising wedge's trendline, a historically reliable bearish signal.
Momentum Indicators:
- RSI Divergence: Clear bearish divergence as price created higher highs while RSI formed lower highs.
- MACD: Loss of upward momentum, with the MACD histogram turning negative.
Fibonacci Targets:
- Retracement Zone (B): $598–$606 (61.8%–88% retracement of recent decline).
- Target 1 (C): $570.35 (1.0 Fibonacci extension).
- Target 2 (C): $559.67–$553.07 (1.382–1.618 Fibonacci extension).
🌐 Macro Sentiment:
Interest Rate Concerns:
Continued hawkish rhetoric from the Federal Reserve could weigh on equities, particularly as valuations remain elevated.
Economic Slowdown:
Weakening macroeconomic data and potential earnings downgrades in early 2025 could amplify selling pressure.
Seasonality and Risk-Off Trends:
End-of-year profit-taking and increased geopolitical risks may favor defensive positions.
⚡ Trade Plan:
- Short Zone: $598–$606 (retracement of recent sell-off).
- Stop-Loss: $606.82 – Above the 88% Fibonacci retracement and resistance.
Targets:
- Target 1: $570.35 (solid risk-reward).
- Target 2: $553.07 (extended move aligning with wedge breakdown projection).
🔍 Considerations:
Monitor economic data, including inflation, GDP growth, and job numbers, for additional confirmation.
Watch for further MACD weakness and RSI failing to reclaim bullish momentum levels.
Do you think SPY will see a sharper correction, or are bulls likely to regain control? Share your insights! 🚨📊
NASDAQ - 22/12/24 - LONGPrice has for the past weeks been on an uptrend, showing clear higher highs and higher lows. Looking for price to continue higher on the basis that last week's low was a new higher low. Additional confluences include a daily order block and price showing bullish momentum immediately after tapping.
To summarize, the idea is to just follow the trend. 1:3 RR
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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The Fibonacci golden ratio (commonly 0.618 or 61.8%) Always PlayThe Fibonacci golden ratio (commonly 0.618 or 61.8%) is a powerful concept in trading and is often used for identifying potential reversal or continuation zones. However, while it is highly effective, it doesn’t always work, as no tool or concept in trading guarantees 100% accuracy. Here's why:
Why Fibonacci Golden Ratio Works:
Natural Patterns: The Fibonacci ratio is rooted in nature and psychology. It reflects patterns that occur in financial markets as traders’ behavior often aligns with these ratios.
Support and Resistance: The 61.8% retracement level frequently acts as a strong support or resistance zone where price reacts.
Widely Used: Many traders use Fibonacci levels, which makes them self-fulfilling to some extent.
Why It Doesn't Always Work:
Market Conditions: Fibonacci levels may fail in choppy or sideways markets where clear trends or retracements don’t exist.
Lack of Confluence: A single Fibonacci level without other confirmations (like trendlines, candlestick patterns, or volume) might not hold.
External Factors: Sudden news, macroeconomic events, or unexpected volatility can overpower technical analysis.
How to Make It More Effective:
Combine with Confluences: Use Fibonacci retracements with trendlines, candlestick patterns, moving averages, or RSI divergence for higher accuracy.
Check Market Context: Apply Fibonacci in trending markets where retracements are more predictable.
Backtest and Refine: Analyze past data to see how well Fibonacci levels align with price action in the assets you trade.
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.
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