Ripple analysishello guys
There are two scenarios for Ripple:
1: By hitting the ceiling for the third time, it will succeed in breaking and witness its growth.
2: Don't be afraid to break the ceiling and make a step purchase by falling in the specified
support areas.
What do we think?
We think scenario 1 is more likely to happen.
Be successful and profitable.
SELL
CVNA Carvana Sell-Off: Hindenburg Research Short PositionIf you haven`t bought CVNA at $25:
Carvana Stock Now Faces Major Risks: A Price Target of $127
Carvana Co. (CVNA), currently trading at $199, faces mounting scrutiny after allegations from Hindenburg Research. The short-seller’s report, titled “Carvana: A Father-Son Accounting Grift for the Ages,” accuses the company of unsustainable growth fueled by lax underwriting standards and questionable insider dealings.
Key Concerns:
Insider Selling: CEO Ernest Garcia III and his father, Ernie Garcia II, sold $3.6 billion in stock between 2020-2021, with an additional $1.4 billion sold last year after a 284% stock surge.
Loan Portfolio Risks: Claims suggest Carvana approves nearly all loan applicants, increasing exposure to subprime defaults as economic conditions tighten.
DriveTime Transactions: Allegations of inflated revenues through sales to DriveTime, owned by Garcia II, raise conflict-of-interest concerns.
Manipulated Results: Extensions on subprime loans reportedly delay delinquencies, misrepresenting financial health.
Outlook:
While the stock has shown resilience, we believe these risks significantly outweigh the rewards. With questionable accounting practices and a vulnerable loan portfolio, our price target is $127.
$BTC 1W Largest Scale Playing with Long Term Ideas #LongThis idea i made today for long term idea just as it is an idea some basic lines and formations were made but it was pretty simple using same red lines the decline lines are same angle as it states. showing prices and times as estimates i will come look at this and progression when iI m older and know more of this trading and chart mechanics etc!
I am not a Financial advisor or any way good with number.. sorry that's a lie I am very good with math but I haven't had to make financial gains on markets not crypto at least.! I have crypto but earned it all freely over short time last 2 years have over a few band only a couple,, but free earned and mostly passive about 70% passive :) anyway and so that makes it all gains but i do swap stuff at lows and highs and various coin swaps using special maths and tools no one else does a lot and take advantage of the "virtual arbitrage" between trading oone coin for another and then another .... if you get it you get it!
WHAT YOU THINK OF IDEA its one for me to come back to in years and look and go wow we were at 100k moment JUST like the 10k moment. Only I don't remember It so well!
hope you enjoy! let me know your opinion and what could be wrong or different! lets learn from one another and take over the markets!!!!
dydxusdt sell "🌟 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! 📊💡"
EURUSD 30/12/24We are back for one last market update before 2025 is here!
Due to low market volume we still have the same markup here on EU this brings us to the same ideas and same setups the we had from last week, because we are so close to the new year we know volumes are low and liquid will not likely be running at its normal levels leading us to believe, these areas may remain into the new years trading session. *last weeks markup information for more context on the chart.
EUR/USD Update: Final Week of Trading Before the New Year
As we head into the last week of trading before closing shop for the year, here’s a recap and outlook:
Last week, we called a short after identifying our "money out" level. With a daily bearish bias and liquidity sitting above the highs, we outlined a clear sell scenario. The market delivered exactly as expected.
Looking ahead to this week, our bias remains unchanged, and the principles stay the same. We are targeting deeper moves lower, focusing on the daily low at the base of the current range. Following the same approach, we anticipate the highs to be swept first, creating opportunities to enter and ride the price down to key lows.
Currently, we have a potential high forming near the centre of the range, but this is unconfirmed for now and remains a possibility. Keep an eye on all the marked highs—we’re waiting for a sweep of these levels, which could trigger the final market move of the year. If an entry presents itself, we’ll look to trade lower.
Stay disciplined, trade your plan, and manage your risk.
THETA - A Nice Pattern for a quick tradeBINANCE:THETAUSDT (1D CHART) Technical Analysis Update
THETA is currently trading at $2.33 and showing overall bearish sentiment
Price got rejected from the resistance within the channel and expected to crash further. There is a good short trade opportunity here.
Entry level: $ 2.33
Stop Loss Level: $ 2.58
TakeProfit 1: $ 2.1
TakeProfit 2: $ 2.0
TakeProfit 3: $ 1.9
TakeProfit 4: $ 1.78
Max Leverage: 5x
Position Size: 1% of capital
Remember to set your stop loss.
Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts.
Cheers
GreenCrypto
NZDCAD Potential DownsidesHey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.81500 zone, NZDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.81500 support and resistance area.
Trade safe, Joe.
USDCHF Is Nearing The Weekly ResistanceHey Traders, in tomorrow's trading session we are monitoring USDCHF for a selling opportunity around 0.90800 zone, USDCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.90800 support and resistance area.
Trade safe, Joe.
AUDNZD Breakout And Potential RetraceHey Traders, in tomorrow's trading session we are monitoring AUDNZD for a selling opportunity around 1.10400 zone, AUDNZD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.10400 support and resistance zone.
Trade safe, Joe.
USOIL BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
We are going short on the USOIL with the target of 67.01 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
✅LIKE AND COMMENT MY IDEAS✅
GBP/CHF BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
Previous week’s green candle means that for us the GBP/CHF pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 1.125.
✅LIKE AND COMMENT MY IDEAS✅
SILVER Will Go Lower! Sell!
Take a look at our analysis for SILVER.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 29.812.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 28.778 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!
EURUSD Will Go Down! Short!
Please, check our technical outlook for EURUSD.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 1.040.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.025 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
GOLD BEARS ARE STRONG HERE|SHORT
Hello, Friends!
GOLD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 2,577.407 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the GOLD pair.
✅LIKE AND COMMENT MY IDEAS✅
EURGBP Potential DownsidesHey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.83500 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.83500 support and resistance area.
Trade safe, Joe.
AUDCAD Potential DownsidesHey Traders, in today's trading session we are monitoring AUDCAD for a selling opportunity around 0.89750 zone, AUDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.89750 support and resistance area.
Trade safe, Joe.
RUM Rumble Options Ahead of EarningsIf you haven`t bought RUM before the previous earnings:
Now analyzing the options chain and the chart patterns of RUM Rumble prior to the earnings report this week,
I would consider purchasing the 6usd strike price in the money Calls with
an expiration date of 2025-1-17,
for a premium of approximately $1.35.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
U Unity Among My Top 10 Picks for 2025 | Price TargetIf you haven`t bought U Unity at all time low:
My price target for U in 2025 is $35, driven by the following fundamental factors:
Strong Market Position in Gaming and Interactive Content:
Unity maintains a dominant position in the gaming industry, with approximately 70% of the top mobile games built on its platform. The global gaming market is projected to grow significantly, driven by increasing consumer spending on mobile and interactive content. Unity's extensive reach—3.7 billion monthly downloads of applications made with Unity—positions it well to capture this growth. As the demand for high-quality gaming experiences continues to rise, Unity's technology will be integral in meeting these needs.
Innovative Product Developments:
The upcoming launch of Unity 6 promises to enhance the platform's stability and performance, which is crucial for attracting new developers and retaining existing customers. Additionally, Unity's shift back to a subscription-based model has shown positive results, with subscription revenue growing by 12%. This focus on innovation and customer satisfaction is expected to drive user engagement and revenue growth in the coming years.
Focus on Operational Efficiency and Cost Management:
Unity's recent restructuring efforts have significantly reduced net losses, from $291 million in Q1 2024 to $126 million in Q2 2024. This focus on operational efficiency not only improves profitability but also enhances cash flow management—Unity generated $115 million in free cash flow in Q3 2024. As the company continues to streamline operations while investing in growth initiatives, it is likely to see further improvements in financial performance.
Valuation Potential Amidst Market Recovery:
Despite recent challenges, Unity's current valuation presents an attractive opportunity for investors. Analysts are optimistic about the company's long-term growth prospects, particularly as it adapts to market demands and enhances its product offerings. With a target price suggesting significant upside potential from current levels, Unity is positioned for substantial appreciation as it executes its strategic vision.