BTC USDT Update During Christmas Days```During the Christmas holidays, minor corrections occur due to low volume```
A major correction has already occurred from 108K, as predicted. Now, hopefully, one more correction will happen during the Christmas holidays. However, the trading volume during Christmas 🎄🎁 will likely be low. Gradually, BTC is expected to move upward 📈, breaking 108K, creating support at 105K, and then heading toward its next and final leg up to 123.5K, 143.5K, and 163.5K.
After that, the bear market will hopefully begin, likely around March/April, with a maximum extension until May at the latest.
I will update you before the market peaks, the bear market starts, or the time comes to exit the market based on my system.
Trend Analysis
Return Of The Alts Season. Wait For It!Macro scenario shows falling RSI for Bitcoin Dominance , BTC.D . We may be welcoming a return of the Alts Season that seemed to go on a pause when CRYPTOCAP:BTC went to 92k.
I foresee a near support level where it will bounce a bit, hit a near-resistance and continue downward. The overall daily trend is already bearish.
Some major alt coins have completed their correction and can't wait to go parabolic. Coins like CRYPTOCAP:DOGE , CRYPTOCAP:LTC , CRYPTOCAP:SOL and others.
See d rawings on the chart it's as clear as day!
Comment and like if you disagree. Merry Christmas 🎄
100 SMA IS KEY - $115,000 ? As illustrated, we see price looking to dance with the 100SMA line in the 4H timeframe.
Should price close above it, it would have to hold as support in order to maintain the uptrend and make this a potential continuation impulse to break ATH.
It is key to see price hold at or above the 100SMA in order for this idea to be valid, and if it retraces back down again, it's important that the $92,000 - $91,000 price range holds as major support.
Should price continue to rise above and beyond the 100SMA, you should see bullish structures forming right on the SMA, such as: rising triangle, bullish flag, rising wedge, ascending triangle, or an inverted head and shoulders (more effectively in the 1H timeframe).
--
GOOD LUCK!
#XAUUSG 1DAYXAGUSD (1D Timeframe) Analysis
Market Structure:
Trendline Support Breakdown: The price has moved below a key trendline support, indicating a potential shift in momentum towards the downside.
Forecast:
Sell Opportunity: The breakdown suggests weakening buying pressure, and sellers may take control, leading to further declines.
Key Levels to Watch:
Entry Zone: After confirmation of the breakdown or a retest of the broken trendline acting as resistance.
Risk Management:
Stop Loss: Placed above the broken trendline or recent swing high to minimize risk.
Take Profit Zones: Focus on upcoming support levels or price zones identified through Fibonacci extensions.
Market Sentiment:
Bearish Bias: Sustained movement below the broken trendline indicates a bearish outlook, with sellers likely dominating the trend.
USDCAD 3 month BulltrainIs the massive bull run ever going to stop as USDCAD is at a 5 year high? 3 rejections after attempts to create new highs on the 1 HR chart. RSI is losing strength as the price soars above the 200 SMA. Will USD maintain this bull train or is there going to be a change of season after the holidays? SELL! SELL! SELL!
*Trading is Risky*
Any and all liability is claimed by the trader. Do not risk more than you are willing to lose. Do not take unnecessary risks and look before you leap.
possible upward activity.NVDA has appeared to break out of its wedge-shaped consolidation, in an upward parallel channel. Stochastic RSI and RSI levels are healthy. Please observe levels of interest on the chart FVGs are in green and red blocks. The upward parallel channel boundaries are the main support and resistance estimates. Be careful and watch out for liquidation. Please if this was helpful be so kind to like and boost post. Please share kind and constructive criticism below.
Lingrid | TONUSDT in DEEP Correction PhaseOKX:TONUSDT is moving lower following a sell-off in the crypto market. It is approaching a support level where it previously bounced back, forming a spike, and is near the round number of 5.00. It may consolidate above this level, but I believe the market is likely to dip slightly below it after having surged from the support zone beneath 5.00 before. I expect to see buying pressure around the support zone and the downward trendline, which has previously acted as strong support, with the price bouncing off the trendline twice before. My goal is resistance zone around 5.860
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
AMD: Chart Insights and Trading OpportunitiesAdvanced Micro Devices (AMD) remains one of the most closely watched stocks in the tech sector, with its chart signaling key levels that traders and investors should focus on. With both bullish and bearish scenarios in play, AMD’s next move could set the tone for months ahead.
Chart Breakdown
Key Support Levels:The primary support zone lies between $118 and $126. This range has historically acted as a reliable base where buyers tend to step in.
Key Resistance Levels: The first major movement is $158.15, a critical pivot point that AMD must clear for any sustained bullish move, thus that will become our entry. If this level is broken, AMD could aim for $180, with a longer-term target at $218.40.
Possible Scenarios
Bullish Case: A breakout above $158.15, backed by strong buying volume, could drive AMD toward $180 in the short term. If momentum continues, the stock could test its long-term target near $218.40.
Bearish Case:On the downside, a break below the $118 support zone might trigger a deeper correction. AMD could potentially fall to $100 or even lower, depending on market conditions.
Trading Plan
Bullish Setup:
Entry: Above $158.15 with strong volume.
Target 1: $180
Target 2: $218.40
Stop-Loss: Below $148
Bearish Setup:
Entry: Below $118, with confirmed selling pressure.
Target 1: $100
Target 2: $90
Stop-Loss: Above $125
What’s your take on AMD? Will it break out or retrace further? Share your thoughts in the comments below! 📈📉
⚠️ Disclaimer: This blog is for informational purposes only and does not constitute financial advice. Always do your research before making investment decisions.
💡 Like, Follow, and Share to stay updated on the latest trading insights and chart analyses. Let’s conquer the markets together! 🚀
ICP: Bullish Momentum Signals Potential BreakoutLet’s dive into an interesting setup on ICP/USDT that’s starting to show strong bullish signals across multiple indicators. This could be a great opportunity for those who are closely monitoring trendline breaks and momentum shifts.
Key Observations:
1️⃣ Trendline Break Imminent:
ICP is approaching a critical descending trendline. Historically, a breakout above such levels often leads to a strong upward momentum. The current price action suggests mounting bullish pressure, and a decisive close above the trendline would likely confirm the breakout.
2️⃣ Momentum Shift in PrimeMomentum:
On the daily timeframe, the momentum lines in the PrimeMomentum indicator are reversing upward. This is a strong signal that buyers are regaining control and momentum is shifting in favor of the bulls.
3️⃣ Bullish Divergence on WaveFlow:
The WaveFlow momentum clouds are showing a clear bullish divergence. This divergence often signals that the downtrend is weakening and a potential reversal is on the horizon.
4️⃣ Support from Higher Lows:
The price action has also formed higher lows, aligning with the momentum indicators and suggesting that buyers are stepping in at increasingly higher levels, strengthening the case for a bullish breakout.
What to Watch For:
Confirmation of Trendline Break: A daily close above the descending trendline would be the first confirmation of the breakout.
Momentum Continuation: Look for further upward movement in PrimeMomentum and sustained bullish signals in WaveFlow to validate the strength of this setup.
Potential Targets: If the breakout occurs, the next significant resistance levels could be around $12.50 and then $14.00, based on historical price action.
Risk Management:
As always, be cautious. If ICP fails to break the trendline and closes below the $10.50 support, the bullish setup could be invalidated. Setting stop-losses below this level would be prudent.
Conclusion:
This is a high-probability setup worth keeping on your watchlist. A breakout here, coupled with strong momentum signals, could lead to a significant rally in the coming days.
Let me know your thoughts in the comments, and feel free to share your targets for this potential move! 🚀
XAUUSD: Bullish trend intact. Cycle target 3,100Gold may just be neutral on its 1D technical outlook (RSI = 45.126, MACD = -15.410, ADX = 31.343) due to the December's consolidation but on the 1M timeframe the Channel Up is very much intact and is immitating that of 2019 so far. Basically since late 2020, Gold has been replicating the post-2016 Cycle, which started with a 3 year accumulation period that led to the 2019-2020 Channel Up. This topped on the 3.0 Fibonacci extension. This is enough for us to keep us bullish (TP = 3,100).
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
SPY/QQQ Plan Your Trade For 12/24/2024 : Rally111Please pay attention to this video. Today, I share some vital data related to how I plan on helping all of you become better traders in 2025 and what you need to do to try to improve your own trading results.
Trading is not gambling. It is not about throwing money at trends and hoping to catch a few winners.
Trading is about trying to time market trends when the best opportunities are ready for profits - then getting out of those opportunities as profits start to mature.
Trading is about honing your skills to be able to target 35% to 55% or more every 15 to 25+ days.
If you can do that efficiently every 15 to 25+ days, then you are SET.
You can turn $1000 into more than $300k in less than a year trading like that. Then, you can turn that $300k into more than $10 million in another year.
Can you imagine that happening to you and your family?
It is all about having the right tools, gaining proper knowledge and experience, and putting that to practice/use. And that is what I've been trying to teach you for the past 6+ months - the knowledge and skills to be able to see/time the biggest market moves.
I know many of you have followed me for many months. I appreciate all of you. Now, as we close out 2024, let's make a commitment to really focus on gaining the success we desire for ourselves and our families so we can enjoy 2025 as a better year.
I challenge all of you to a straightforward goal: Learn, Practice, Gain experience, and Execute better trades so you can grow your accounts and move into the "Trader Life" you have always desired.
Trade 2-4 times a day (when opportunity strikes) and try to grow your account by 35 to 55% every 15 to 25 days. That's all it takes.
Are you ready?
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
GME Bullish 4H Ascending Triangle After making good profits as a TSLA bull when it was forming the same pattern battling $360s resistance before a breakout run to all time highs, I am now paying close attention to GME which is forming a very similar pattern.
A weekly bull flag is trying to confirm, and there is little resistance in the mid FWB:30S to mid $40s. This certainly would be the ideal time for Mr. Kitty to drop a tweet and spark a move.
Another small note is Wall Street Bets has been trying to short squeeze TLRY the last couple days.
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
BTCUSD Potential Bearish Bat PatternOn the 4-hour chart, BTCUSD is currently fluctuating at a high level. At present, attention can be paid to the resistance near 99600. A break through will be expected to further rise. The upper resistance is around 106525. When the price reaches 106525, attention can be paid to the potential bearish bat pattern. The lower support is around 92000. If it falls below, it will continue to fall.
Let me analyze BTC.D FOR Q1 2025 TO YOUChart showing Bitcoin market cap dominance:
Key Technical Observations:
1. Current Trend Structure:
- The chart shows BTC dominance was in an upward channel (marked by yellow parallel lines)
- Recently broke down from this channel, suggesting a potential trend reversal
- Current dominance level is around 58.04%
2. Price Pattern Formation:
- The chart forecasts a potential declining pattern ahead marked by white curves
- Labeled as "LAST RE-TEST BEFORE ATLS" suggesting this could be the final retest before a significant move
3. Support Levels:
- There appears to be a key support zone around 55% (marked by purple horizontal boxes)
- The projection suggests a possible drop toward 50% level
4. Future Projection:
- The white wavy line suggests increasing volatility with lower highs and lower lows
- Final projection points to a sharp downturn (purple curved line) heading into January 2025
Trading Implications:
- The breakdown from the upward channel could signal weakness in Bitcoin's market dominance
- Traders might want to watch the 55% support level carefully
- The analysis suggests preparation for increased volatility and possible further decline in BTC dominance
Keep in mind that this is technical analysis and projections may not play out exactly as charted. Always use proper risk management in trading decisions.
💡 Trading Recommendation:
Monitor price reaction at 55% support - crucial level for maintaining bearish thesis. Consider risk management strategies around projected volatile moves.
Year 2025 and Beyond: Where to Place Your Bets?S&P 500:
US indices may continue their upward trend until the first quarter of 2025. The ultimate target appears to be above 6300, where they may peak and begin a significant correction. A global stock sell-off could potentially trigger a stock market crash similar to that of 2008.
India's Nifty 50:
India's Nifty 50 may find support around the 23,000–22,700 range and resume its upward movement in the final fifth wave, targeting a peak near 29,000. The Nifty 50 is likely to follow a trend similar to the S&P 500. The bullish cycle that began in 2009 is expected to conclude near the 29,000 level. Subsequently, a significant sell-off in Indian indices could trigger a major bear market, potentially erasing up to 50% of market capitalization from its peak.
Gold:
Gold may continue its consolidation for another month or two. A final surge toward the $3,000–$3,100 range is expected to mark the end of the rally that began in December 2015 at the $1,050 level. However, the bear market in equities is unlikely to spare even the perceived safe haven, leading to a pullback in gold prices as well.
Brent Crude:
Since March 2020, Brent crude experienced a remarkable rise, surging from $15 per barrel to $139 per barrel by March 2022. Over the past 33 months, it has already corrected by more than 47%. Brent crude is still expected to decline further, potentially reaching $50 per barrel within the next 3 to 6 months. However, the current inflationary trend could drive Brent prices beyond $160 per barrel later in 2025, before eventually succumbing to a deflationary trend that may persist for several years.
US Dollar Index:
The US Dollar Index peaked at around 114 in September 2022. Since then, it declined to 100 by July 2023 before starting to rise again in a corrective A-B-C pattern, forming part of a larger (A)-(B)-(C) decline. The Wave C of (B) is expected to conclude near 109, followed by another decline toward 98 by the first half of 2025. However, a renewed bullish trend in the US Dollar Index could reinforce the "Cash is King" narrative during a global equity market downturn.
USD/INR:
The bullish trend in USD/INR, which began in January 2008 at the 39 level, has seen the Indian Rupee weaken by over 60% against the US Dollar over the past 17 years. In the short term, USD/INR may peak around 86. However, the Rupee is likely to weaken further, reaching 90 against the US Dollar by the second quarter of 2025.
US Govt. 10 years bond yield:
The long-term yield on U.S. Government 10-year bond's yield indicates rising interest rates for this decade. In the short term, the yield may ease to 3%-2.6% by the second quarter of 2025. However, fears of a U.S. Government default could push the yield to 10% or higher over the next couple of years. The "Bond Ghost," along with a global equity rout, may haunt investors again in 2025-2026.
Bitcoin (BTC):
Bitcoin's bullish trend may continue until the first quarter of 2025, albeit at a slower pace. BTC still has the potential to reach around $115k-$120k, concluding the bullish run that began in November 2022 from the level of $15,500. Over the past decade and a half, BTC has significantly outpaced any other asset class globally. However, global risk aversion, which may start with an initial global equity market sell-off, could pause Bitcoin's bullish journey for the rest of 2025. Before the end of 2025, BTC might lose up to 50% of its value from its peak.
In the longer run, however, BTC has the potential to become the most valuable asset class globally, even after experiencing a 50% erosion in its value.