Supply and Demand
BITCOIN | IF DECLINE GOES DEEPERThe possibility of a deepening decline appears serious, and it’s essential to stay prepared for such scenarios. I have identified my hedge short levels at the red boxes, which I consider key areas for managing risk and capitalizing on potential downward movements.
Monitoring these levels closely will be crucial to adapting effectively to the market's evolving structure.
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
My Previous Analysis
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
Updated Analysis According to Current Market ConditionsFLOKIUSDT: Monitoring the Blue Box Support Areas
In this analysis, the blue boxes are identified as potential support areas where buying pressure could develop. While the market sentiment is currently unfavorable, the price has revisited my previously marked blue boxes. Based on this, I have chosen to add to my positions, confident in the structural importance of these zones.
Trading Strategy
Lower Time Frame Reactions: It's critical to observe how the price reacts within these blue box zones. Signals such as bullish candlestick formations, increased volume, or divergence patterns could indicate a reversal opportunity.
Long Trade Setups: Trades can be structured by leveraging these lower time frame confirmations, ensuring a clear entry and exit strategy aligned with market conditions.
Summary
Despite the broader market looking weak, the blue boxes in FLOKIUSDT offer potential support and a chance to position for a bounce. By focusing on reactions in these zones, traders can adjust their strategies to the prevailing conditions while managing risk effectively.
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
My Previous Analysis
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
Corn - Back into Stable RangeWhen the 441'0 historical resistance level is reached from below after having not been approached from below in at least a few months, it has served as resistance 5 out of the last 8 times. The theory here is that it will serve as resistance again and that corn will fall back into the "stable range" of 316' to 441'. There is a downtrend channel which also is serving as resistance. If the bearish theory fails, the upside potential is significant. Downside and upside targets are shown on the chart. This is one to watch and see how it plays out on hourly/daily TFs with a bearish bias. I'm bearish below 441', cautiously bullish above. No trade entry at this point.
Strax/USDT %400 Daily Volume Increase!STRAX/USDT has experienced a notable 400% increase in daily volume, which is worth monitoring. However, given the broader market downturn, it would be more prudent to focus on extreme demand areas for potential opportunities.
I’ve identified the blue boxes as key zones to watch. That said, I plan to approach this with caution and avoid taking excessive risks in this uncertain market environment.
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
My Previous Analysis
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
A sad week for GOLD, a happy week to tradeBehold gold, approaching the lowest support from gold's current range, we are eyeing to long a quick 16 win to loss ratio of this asset. This bounce is expected to occur within a matter of hours hoping to take profit at the target or just trail the stop loss while moving up.
We are currently on a great support to bounce off off but I believe the lowest for the week is not yet printed.
If we go up from here, i will be looking for a short setup
But for now, I will be waiting for this level.
Short trade
Day - Structure
1Hr entry
Pair NZDUSD
Sellside
Mon 16th Dec 24
LND to NY Session AM
8.00 am (NY time)
Entry 0.57716
Profit level 0.55994 (2.98%)
Stop level 0.58005 (0.50%)
RR 5.96
Reason: Price seems to be printing sell-side delivery, intending to balance out the price range and complete the cycle, chasing buy-side liquidity, in my humble opinion.
Weekly Forex Forecast: GOLD & SILVER Are Bearish! SELL Them!This forecast is for the week of DEC. 16 - 20th.
Gold and Silver are both bearish, after raiding the buy side liquidity. Silver is "heavier" than GOLD, so it would be my preferred asset to sell! There is support for lower prices, and no real support for higher prices currently.
Seems like a no brainer.
Wait for a pullback to the -FVG and look for a proper sell setup, my friends.
Check the comments section below for updates regarding this analysis throughout the week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
WEEKLY FOREX FORECAST: USD Still Bullish? YES! Buy It!This forecast is for the week of Dec. 16th - 20th.
The USD INDEX is indicating strength, continuing from last week going into this week.
The economic calendar has red folders for every day this week.
THe xxxUSD pairs are looking bearish, while the USDxxx pairs are looking bullish.
The USD Index closed last week very bearish, trading through the previous week's low. A pullback makes sense for this week, at least for the beginning of it. With NFP coming on Friday, trading up until Wed may be the safest way to go.
Check the comments section below for updates regarding this analysis throughout the week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Transcript
Intraday Levels for Nasdaq 100 Futures - 12/19/2024This analysis focuses on the Nasdaq 100 Futures, aiming to identify potential support and resistance levels where the price could experience intraday bounces or trend reversals, as well as zones where the price might potentially break higher or move lower.
Considerations
The range used in this analysis serves only as a reference for broader-level insights.
For intraday operations, it is advisable to utilize a lower timeframe to refine entry and exit points more accurately.
To confirm the validity of these levels, it is essential to evaluate real-time conditions as the price approaches these zones. Factors such as pressure, trading volume, and Order Flow will play a critical role in determining whether these supports hold or are likely to be broken.
L TRADE This trade was based on previous HIGHEST HIGH and past LOWEST LOW my strategy consist of support and resistance areas as you can see this chart was an L I didn't take in consideration that the overall chart was bearish that's why its all ways good to start from DAILY and work yourself down to the 5 MINUTE for the entry... at least from my ENTRY CHECKLIST !! This is what happens when you get greddy and don't look at the overall charts this is something to truly remarkable for a NEWBIE hope you all learned from this > God Bless.
QQQ Sell to $497-501 Weekly Resistance for Buying opportunity A 52 week high was made on Monday, December 16 at $539 on QQQ . The fed Powell released the news he’s cutting rates by a quarter of a percent which caused the market to plummet ,Banks also manipulating the market to get into these buying opportunities. We are currently failing to break above 520 , also struggling to fully break below 515 . We will continue to sell down once we pass 515 . Looking at my chart on the weekly timeframe appears is 501-497 is the actual resistance that we are heading to now. It may look like 515 is the resistance, but in all actuality, it does not appear to be a Stronger demand zone than 500 to 497. Once we get here, look for buying opportunities at the new year will bring in New yearly, highs, and new yearly lows. For now, we should be in puts to $500.
THE KOG REPORT - UpdateEnd of day update from us here at KOG:
Following on from the FOMC trade plan where we managed to get the extension level we wanted and the long for a phenomenal capture upside into the order region we wanted. We then activate short, currently running from the above protected and expecting it to hit target over the coming sessions. To be honest, for Gold, that is us done for the week unless there are decent setups on the red box indi's.
For now, support is holding at 2590 so we would expect a move upside in attempt to close above the 2600 level with a potential retracement into 2603-6. It here we want to see a RIP and then a continuation of the move downside unless we break above the extension level 2630.
It's a crazy market but it's giving, so please don't try and milk it now, it's Friday tomorrow and they will want to take back what they've given. Time to play defence!
As always, trade safe.
KOG
Tesla (TSLA): Profits Taken, Pullback AnticipatedWhat a rise by NASDAQ:TSLA !
The stock has now reached the targeted wave 3 zone, and we might see some asset rotation out of Tesla into underperforming stocks that could attract renewed attention and capital inflows. Many traders have booked significant profits on NASDAQ:TSLA , and larger players are likely to do the same in the coming sessions.
As usual, our focus remains on building a new position during a pullback. We are targeting the 38.2%–50% Fibonacci retracement levels, which should provide sufficient support for another push higher, potentially toward $585 or more. A key level to watch is the old all-time high. Should bulls defend it effectively, waiting for an entry at $371.35 might leave us sidelined.
However, we see no reason to force or rush an entry into NASDAQ:TSLA at the moment. Patience remains critical as we wait for the market to come to us.