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Pivot Points

Bitcoin FULL Analysis PART 2In a previous analysis, I discussed the relationship between Bitcoin, the Altcoin market and Bitcoin Dominance. An important rotation exists between these three; and by using TOTAL3 together with BTC.D, you can get a clearer picture of where BTC is trading in the current cycle. In this video, I make an important suggestion based off Elliot Wave Theory. This theory is backed up by the points mentioned but also by the Logarithmic view: From the log scale, we can see BTC is still trading relatively low compared to previous cycle top-outs. So the question remains - the end... or just the beginning? ________________________________________ COINBASE:BTCUSD BINANCE:BTCUSDT CRYPTOCAP:TOTAL3 CRYPTOCAP:BTC.D
by CryptoCheck-
1
$SPY Ranges Playing Out Perfectly - Expectations for 9/13/24For tomorrow - Above $559.60 -> $562 could be hit on AMEX:SPY There is significant resistance at $559.60, so it could be a reversal point to watch for a bearish trade back down through the channel. We have trend support that has become resistance at $562, which will be a mountain to climb and I don't expect that to happen tomorrow. Today's Recap - We did great trading the bullish breakout on $556C for 100%+ (overall). We caught the wick down on entry one, then the breakout entry on entry two. Map out your pivot points, trade smart, and execute within your plan! We will be going LIVE at 2:30 on our private community stream to discuss the week in review, map out some trades, and set ourselves up for clear profitability into next week!
AMEX:SPYLong
by PennyBois
$STRK (#Layer2 #DeFi) TRADING PLAN🔻 Trend Break Point: A bullish reversal is likely if the price holds above $0.61. 🔻 Decision Zone: Key levels to watch for a bounce are $0.8 - $1. 🔻 Fundamentals: Monthly token unlocks every 16th of the month put selling pressure on the price. 🔻 Downside Risk: New lows are possible, and determining support levels is difficult—there's a potential freefall below current levels. 🟢 Green zone = buying opportunities. 🔴 Red zone = selling or profit-taking zones. Focus on the price action around these critical levels.
by Goldfinch_song
Smiths Group PLC (SMIN) | Chart & Forecast SummaryKey Indicators on Trade Set Up in General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Active Sessions on Relevant Range & Elemented Probabilities; * Asian(Ranging) - London(Upwards) - NYC(Downwards) * Weekend Crypto Session # Trend | Time Frame Conductive | Weekly Time Frame - General Trend - Measurement on Session * Support & Resistance * Trade Area | Focus & Motion Ahead # Position & Risk Reward | Daily Time Frame - Measurement on Session * Retracement | 0.5 & 0.618 * Extension | 0.786 & 1 Conclusion | Trade Plan Execution & Risk Management on Demand; Overall Consensus | Neutral
CAPITALCOM:SMIN
by P-Ment4U
$ZK (#Layer2 #ZeroKnowledgeProof) TRADING PLAN🔻 Trend Break Point: A confirmed reversal will occur if the price holds above $0.198. 🔻 Trading Range: Currently trading between $0.08 - $0.13. On 1D timeframe, an ABC bounce pattern is visible, which could indicate a bearish setup. Anything below $0.12 is considered short territory. 🔻 Fundamentals: Sentiment is concerning, with too much hype and many trapped buyers. However, upcoming unlocks won’t start until June 18, 2025, which is a positive aspect. 🔻Downside Risk: Price could drop as low as $0.04 - $0.06. 🟢 Green zone = buying opportunities. 🔴 Red zone = selling or profit-taking zones. Price action is crucial in these ranges.
by Goldfinch_song
ARB - Trading Plan on the 1W Timeframe🔻Trend Break Point: Price needs to hold above $0.64 for a potential bullish trend break. 🔻Decision Zone: Key levels to watch for full profit-taking or continuation are $0.9 - $1.1. 🔻Fundamentals: After the Sybil airdrop rush, activity has significantly decreased. Monthly token unlocks every 16th could lead to manipulative movements. 🔻Downside Risk: If the lows are broken, it’s difficult to determine the next support level as the chart shows a potential freefall. Prices below this point are highly speculative. 🟢Green zone = buying opportunities. 🔴Red zone = selling or profit-taking zones. Watch for price action and setups in these key areas.
by Goldfinch_song
Vonovia SE | Chart & Forecast SummaryKey Indicators on Trade Set Up in General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Active Sessions on Relevant Range & Elemented Probabilities; * Asian(Ranging) - London(Upwards) - NYC(Downwards) * Weekend Crypto Session # Trend | Time Frame Conductive | Weekly Time Frame - General Trend - Measurement on Session * Support & Resistance * Trade Area | Focus & Motion Ahead # Position & Risk Reward | Daily Time Frame - Measurement on Session * Retracement | 0.5 & 0.618 * Extension | 0.786 & 1 Conclusion | Trade Plan Execution & Risk Management on Demand; Overall Consensus | Buy
VLong
by P-Ment4U
AVAX : Potential Reversal in MACRO TFA downtrend, or bearish trend is characterized by a few things including making lower lows and lower highs. This is evidently seen when pulling up the macro timeframe and applying trendlines towards major bounce zones or wicks. Similarly, an uptrend is characterized by the price making higher lows, and higher highs. Currently, we are only seeing ONE of these conditions met - the higher lows. This does not mean the price cannot retrace towards the trendline. However, as soon as the trendline is lost, the higher lows is invalidated and the price remains BEARISH. A fall UNDER the trendline would likely lead to a revisit of a wick at $17. While you're here👀 Make sure you check out yesterday's post on 3 Alt that are bearish right now: ___________________________________ BINANCE:AVAXUSDT.P
by CryptoCheck-
1
Oxy swing tradeOxy is looking beaten down and recently fell below the cost basis Warren Buffet has. I have been eying this for a while as OXY was my most profitable swing trade of the year on the wedge break. you will need to look at crude oil futures as well. I would love to enter this trade on this golden fib here, anything in the 48$ range and I will be eyeing 55$ Jan calls. The weekly stochastic is bottoming pretty heavily. People do also forget the company recently acquired a cash flow midstream machine that should help in their future earnings.
NYSE:OXYLong
by Apollo_21mil
INTC swing tradeI have entered another swing trade on INTC this time a bit safer. I went with Jan 22.5$ strikes here on this small dip, the market is on fire right now and the stock is currently valued at about what net assets are valued at. The weekly stochastic is waking up, I have updated the fibs and my profit take will be tapping the 20 EMA (red moving average). I would not be surprised to see this entire gap fill in the coming months if the management team can continue to pay down debt, reign in the dividend, and focus on getting out of this mess.
NASDAQ:INTCLong
by Apollo_21mil
PENDLE Long Position (Trend Line Breakout)Market Context: PENDLE is breaking out of a significant trend line resistance, setting up for a potential move to new local highs. Additionally, there is a strong narrative surrounding PENDLE with BTC restaking, further fueling bullish sentiment. Trade Setup: Entry: Enter a long trade around $3.3 (throwback to broken resistance). Take Profit: First target: $4 Second target: $4.6 Stop Loss: Below $2.5 📊 This setup looks promising, focusing on the breakout potential and strong fundamental backing. #PENDLE #Breakout #Crypto
Long
by Richtv_official