USDJPY H1 I Bearish Breakout?Based on the H1 chart analysis, we can see that the price is falling to our sell entry at 157.04, A bearish breakout.
Our take profit will be at 156.22, which is a pullback support level.
The stop loss will be placed at 157.80, which is a swing high level.
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Trend Analysis
WHAT MOVES LIES AHEAD OF GOLD?FUNDAMENTAL VIEW
It’s a quiet week on the economic calendar as the holiday spirit takes center stage, but gold remains in focus. What moves lie ahead for the precious metal?
From a fundamental perspective, the FED’s recent 25bps rate cut, paired with a cautious stance on future rate changes, has influenced gold prices. Furthermore, softer U.S inflation data for November has also weakened the dollar and lowered Treasury yields. Hence providing support for gold.
This week, markets will keep an eye on U.S. consumer confidence data later today at 7 PM GMT+4. Tomorrow, December 24, 2024, key releases include Core durable goods, durable goods, new home sales, and the Richmond manufacturing index. On Thursday, the weekly unemployment claims are expected, with a forecast of 218K. These and other economic indicators could impact gold prices, given their inverse relationship with the dollar.
TECHNICAL VIEW
On the daily timeframe, the price is struggling and currently trading below the 50 period EMA at $2,640.493, showing a -28% decrease today after a brief uptick during the Asian session, following significant losses last week.
The price is currently leaning bearish, with a potential target at $2,582.181. If this level is broken, the next support targets could be $2,553.488 and $2,489.954.
Alternatively, if bullish momentum takes over, the price could rise to $2,655.962, followed by $2,722.389 and then $2,787.129.
AAVEUSDT: broke out, 2200% potential!!!Join our community and start your crypto journey today for:
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Hello everyone,
I'm curating a list of promising projects to hold for the upcoming bull run.
1. FETUSDT (already posted)
2. ONDOUSDT (already posted)
3. AAVEUSDT
Let's analyse AAVEUSDT both fundamentally and technically.
FUNDAMENTAL ANALYSIS:
Aave is a decentralized finance protocol that allows people to lend and borrow crypto.
Lenders earn interest by depositing digital assets into specially created liquidity pools. Borrowers can then use their crypto as collateral to take out a flash loan using this liquidity.
TECHNICAL ANALYSIS:
AAVE has successfully broken out of a triangle pattern, indicating a potential uptrend. The recent retest of the breakout level is a positive sign.
The price is currently supported by the 100-day moving average on a weekly timeframe. Additionally, a significant increase in 24-hour trading volume suggests growing interest.
A bullish crossover between the 50-day and 100-day moving averages could further fuel the price increase.
Buying Levels:
CMP to $106 (DCA)
$55 to $74 (DCA)
Target Levels:
$197.74
$340.30
$680.95
$2516.95
If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see.
Happy Trading!!
Gold 2626 2614 Double DealGold 2626 2614 Double Deal
💎 #Gold Sell 2626 - 2629 💎
StopLoss 2635
BreakEven 2625.5
💎 #Gold Buy 2614 - 2612 💎
StopLoss 2608
BreakEven 2614.5
TakeProfit: 2624
TakeProfit: 2622
TakeProfit: 2620
TakeProfit: 2618
TakeProfit: 2616
Trade at your own risk
Protect your capital
The Wizard 🧙♂️
Monday 12/23/2024 02:00 AM EST
Monday 12/23/2024 11:00 AM EST
Today's gold price analysis: Return to the 2630-2680 rangeToday's gold price analysis: Return to the 2630-2680 range
Predicting gold prices is like predicting the weather - it's just that the weather is less often wrong! '"
Williams' gold weather forecast:
Straight lines belong to humans, curves belong to God
As shown in the figure:
We have been waiting for an optimal fluctuation range from yesterday to now: 2630-2680
Once the gold price returns to the middle area, the 2630-2680 range will be the easiest range for all traders to make money.
Whether you are long or short in this range, as long as you can hold it patiently, you may make money from it. The adjustment period of this range is estimated to be about 1 week.
Why do you say that?
It's like a pregnant woman who doesn't go through ten months of stable pregnancy. How can you give birth to a healthy child during this period?
If the current gold price wants to explode into a new round of sharp decline or surge, it needs such a pregnancy period. To accumulate energy.
Then the repeated fluctuations in the 2630-2680 range are the best gestation period.
So, in the short term
I insist that the gold price will still return, because the 2630-2680 range is the best choice for all possible future trends.
If you also like and approve of my article, I sincerely hope to get your feedback and comments. I will reply one by one and send my sincere blessings and thanks.
EURAUD LONG - (Short + medium term direction prediction)Higher Timeframe trend = Buy
Retail trader bias = Sell
Institutional bias = Buy
Short term target = retail trader stoploss zone
I would like to clarify that I dont trade with extended targets like the secondary and tertiary ones marked. This might be handy for people who leave runners on their trades.
Also keep in mind that I am only providing my own SUBJECTIVE potential target levels here. The best thing to do would be to drop down to lower timeframes and look for good areas of value to enter that are part of your own plan.
S : 7
C : 41,59 - 26,74
R : 20-80
Tesla (TSLA) Stock Underperforms the Broader MarketTesla (TSLA) Stock Underperforms the Broader Market
Analysing Tesla (TSLA) stock chart on 12th December, we:
→ Identified an ascending channel, with the November price consolidation around $350 (marked by a thick blue line) potentially indicating the median line of the long-term ascending channel (highlighted in blue).
→ Mentioned that TSLA stock price could move toward the upper boundary of the channel, located near the psychological level of $500. However, the stock remained vulnerable to a pullback with a potential test of the $400 level.
What happened after our analysis?
According to Tesla (TSLA) stock chart:
→ The price bounced off the upper boundary of the channel, falling short of the psychological $500 level by approximately 2.5%.
→ On Friday, TSLA stock dropped by more than 3%, making it the worst-performing stock within the S&P 500 index (US SPX 500 mini on FXOpen).
This indicates that buyer momentum may have waned, leading to a correction from overbought levels (as indicated by the RSI) toward fair value, which could align with the channel’s median line. A test of the $400 level could be relevant.
Meanwhile, Wall Street analysts are pessimistic. According to TipRanks:
→ Only 13 out of 34 surveyed analysts recommend buying TSLA stock.
→ The average price target for TSLA is $293.76 by the end of 2025.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Crypto winter is coming! Don’t miss the final rally.At this point, it’s already possible to see the structures the market operates within, specifically the influence of major market participants: how they accumulate liquidity and set the market trend.
Everything follows a pattern: a long 6–8 month consolidation → 1st wave of growth → redistribution + liquidity collection above and below → 2nd wave of growth → another long consolidation → repeat.
This generally fits logically into the framework of this cycle, both in structure and timing. The main target of this cycle — $140,000 — has not yet been reached. The market almost never exits an accumulation phase with just one growth wave. There’s a high probability that this will repeat once more: a second wave of growth to $140,000, followed by a six-month range until the end of summer, possibly in the form of an ascending structure, such as a wedge, potentially even reaching $173,000.
During this time, there will be distribution. This will take a while since big players need time to exit via retail. Selling to retail is most effective when there’s hype in the market. Exits may also occur through altcoins, as has happened before. Therefore, there’s still a chance that altcoins will surge during this period, creating the biggest market hype.
Just some market thoughts for now. Let’s keep observing. DYOR.
XAUUSD LONG SETUPHey guys here is my first idea on gold, kindly share your opinion about chart.
According to me it is possible that Gold can go for long because from last couple of days we have scene gold is going for long slowly . so its posible that gold first repects support and then break the resistance and then it will touch 2650 ..
Keypoints
entry point 2614
support zone 2614/2616
resistance zone 2629/2631
Remember that First target is 2629/2631
Kindly Like My charts And Follow me for latest updates On gold….
ILVUSDT: A High-Stakes Moment for Traders - Illuvium◳◱ On the BINANCE:ILVUSDT chart, the Td Sequential pattern suggests momentum building up for a significant move. Traders might observe resistance around 53.59 | 67.39 | 90.06 and support near 30.92 | 22.05. Entering trades at 40.77 could be strategic, aiming for the next resistance level.
◰◲ General Information :
▣ Name: Illuvium
▣ Rank: 267
▣ Exchanges: Binance, Kucoin, Gateio, Mexc, Hitbtc
▣ Category / Sector: Media and Entertainment - Gaming
▣ Overview: Illuvium is a decentralised game studio that merges the worlds of gaming and cryptocurrency. The game studio is building an open-world RPG adventure game on the Ethereum blockchain that allows players to collect, exchange and battle NFT assets.
◰◲ Technical Metrics :
▣ Current Price: 40.77 ₮
▣ 24H Volume: 4,601,102.937 ₮
▣ 24H Change: -1.212%
▣ Weekly Change: -24.25%%
▣ Monthly Change: -12.83%%
▣ Quarterly Change: 7.46%%
◲◰ Pivot Points :
▣ Resistance Level: 53.59 | 67.39 | 90.06
▣ Support Level: 30.92 | 22.05
◱◳ Indicator Recommendations :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_SELL
◰◲ Summary of Technical Indicators : SELL
◲◰ Sharpe Ratios :
▣ Last 30 Days: 0.36
▣ Last 90 Days: 0.73
▣ Last Year: -0.42
▣ Last 3 Years: -0.70
◲◰ Volatility Analysis :
▣ Last 30 Days: 1.37
▣ Last 90 Days: 1.19
▣ Last Year: 1.03
▣ Last 3 Years: 0.98
◳◰ Market Sentiment :
▣ News Sentiment: N/A
▣ Twitter Sentiment: N/A
▣ Reddit Sentiment: N/A
▣ In-depth BINANCE:ILVUSDT analysis available at TradingView TA Page
▣ Your thoughts matter! What do you think of this analysis? Share your insights in the comments below. Your like, follow, and support are greatly valued and help sustain high-quality content.
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The content provided is for informational purposes only and does not constitute financial, investment, or trading advice. Always conduct your own research and consult a qualified professional before making any financial decisions. Use of the information is solely at your own risk.
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BETA/USDT: Descending Channel Setup | 575% Potential Return
BINANCE:BETA/USDT - 1W TIMEFRAME🎯
TRADE SETUP:
━━━━━━━━━━━━━━━━
✦ CURRENT PRICE: $0.04446 (-2.92%)
✦ TARGET: $0.19071 (+575.85%)
✦ STOP LOSS: -10% (Marked in red)
✦ RISK:REWARD: 57:1
✦ VOLUME: 11.82M
TECHNICAL ANALYSIS:
━━━━━━━━━━━━━━━━
1. PATTERN STRUCTURE:
• Trading within descending channel
• Double trend line resistance (black & blue)
• Clear support zone at channel bottom
• Potential reversal zone approaching
2. MARKET CONTEXT:
• Price near historical support
• Volume stabilizing at lows
• Channel compression point ahead
• Strong overhead resistance levels
3. PROJECTED MOVEMENT (White Line):
• Initial consolidation period
• Break above both trend lines
• Accelerated move to target zone
• Multiple retests expected
STRATEGY EXECUTION:
━━━━━━━━━━━━━━━━
ENTRY PLAN:
• Base entry near current levels
• Add on trend line breaks
• Final position on volume confirmation
RISK MANAGEMENT:
• Clear -10% stop loss defined
• Cut losses if channel support breaks
• Scale out at resistance levels
IMPORTANT DATES:
━━━━━━━━━━━━━━━━
• Pattern completion: Early 2025
• Target timeframe: Late 2025 - Early 2026
• Critical support test: Q1 2025
RISK DISCLOSURE:
━━━━━━━━━━━━━━━━
Trading involves substantial risk. This analysis is for educational purposes only. Always conduct your own research and use proper risk management.
#BETA #TechnicalAnalysis #Crypto #TradingView #CryptoTrading
Tags: @TradingView
Note: The stop loss level is clearly defined at -10%, providing a precise risk management point for this high-reward setup.
Bearish drop?AUD/JPY is rising towards the resistance level which is a pullback resistance and could drop from this level to our take profit.
Entry: 98.64
Why we like it:
There is a pullback resistance level.
Stop loss: 99.83
Why we like it:
There is a pullback resistance level that aligns with the 161.8% Fibonacci extension.
Take profit: 97.18
Why we like it:
There is a pullback support level that aligns with the 50% Fibonacci retracement.
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BTC broke parallel channel!! Now Uptrend, Downtrend or Sideways?Join our community and start your crypto journey today for:
In-depth market analysis
Accurate trade setups
Early access to trending altcoins
Life-changing profit potential
Let's analyze BTCUSDT :
Bitcoin (BTC) experienced a sharp decline of nearly 14% last week, closing just above $95,000. This significant drop from $108,000 to $92,200 triggered a severe market downturn.
Currently, the $92,500 support level is providing crucial resistance. The direction of the next weekly BTC close will determine the overall market trend:
Uptrend: If BTC closes above $96,000 next week, support will be at $96,000, and resistance at $98,500.
Sideways Trend: If BTC closes between $96,000 and $92,500, support will be at $92,500, and resistance at $96,000.
Downtrend: If BTC closes below $92,500, support will be at $85,800, and resistance at $92,500.
A sideways or uptrend in BTC is likely to foster a bullish sentiment among altcoins, potentially leading to an altcoin season. Conversely, a downtrend in BTC could push altcoins to new lows.
If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see.
Happy Trading!!
AUDUSD SHORT - (Short + medium term direction prediction)Higher Timeframe trend = Sell
Retail trader bias = Buy
Institutional bias = Sell
Short term target = retail trader stoploss zone
I would like to clarify that I dont trade with extended targets like the secondary and tertiary ones marked. This might be handy for people who leave runners on their trades.
Also keep in mind that I am only providing my own SUBJECTIVE potential target levels here. The best thing to do would be to drop down to lower timeframes and look for good areas of value to enter that are part of your own plan.
S : -7
C : 26,74 - 56,44
R : 73,27
ideaThis Analysis Can Change At Anytime Without Notice And It Is Only For educational Purpose to Traders To Make Independent Investments Decisions.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView
GBPJPY // countertrend breakThere is a valid bull trend on the monthly and below.
The trigger level is the daily breakdown, which is in line with the break of the countertrend line.
If it's taken back by the buyers, the market enters in the daily long expansion phase, and the daily target fibo 138.2 in line with the next daily breakdown is my target zone.
———
We may not know what will happen, but we can prepare ourselves to respond effectively to whatever unfolds.
Stay grounded, stay present. 🏄🏼♂️
Your comments and support are appreciated! 👊🏼
BTC Analysis: Short-Term Action, Long-Term VisionBITSTAMP:BTCUSD Bitcoin is currently consolidating near $94,000, with strong support around $92,000 and resistance at $96,000-$98,000.
🔥 FinCaesar’s Strategy:
Short-Term: Buy near $92,000 and take profits at $96,000-$98,000.
Long-Term Forecast: If $98,000 resistance is broken, expect a rally to $110,000, fueled by renewed bullish momentum and institutional interest.
Prediction: A decisive break above $98,000 will confirm the continuation of the bullish trend, aiming for $110,000-$120,000 in the coming months. Stay vigilant—this move will separate leaders from followers.
"Victory favors the prepared. Will you rise, or will you watch?" — FinCaesar
BTC WAS CREATED TO GIVE EVERYBODY A CHANCE AT CREATING WEALTHALL assets are a measurement of human behavior ,price reacts to emotions . In order for retail to buy it must be at a level that causes a reaction to create momentum, BULL or BEAR. Any market is based in probability, so you must have two thesis. My analysis shows BTC going down which is not bad ,most people like discounts . Do not get scared if you a bull BTC will have another thrust maybe in 2025. I say maybe because most retail buyers not sitting on extra money and rates are still high for cheap money to come in and create huge momentum
TAO SWING LONG IDEA I know everyone is fearful in the crypto market right now.
People are scared to buy at these lows because they believe Bitcoin will likely continue to decline. And yes, that could happen. But guess what?
BTC is sitting on daily support.
BTC dominance hit 60% and is possibly forming lower highs (check my BTC DOM analysis).
The Fear Index is at 54—people are scared.
Funding rates are extremely negative.
Most assets' RSI levels are oversold (in a bull market!).
All these factors tell me it’s the perfect time to open swing long positions while everyone else is panicking and selling their coins at the lows.
Let’s take TAO as an example:
We’ve hit a key SR level.
The election swing lows have been raided.
A 4H bullish HTF shift has occurred—this is my confirmation.
Entry: $455
SL: $355 (closing daily below)
TP: ATH - $750
Good luck! And remember: buy when they’re scared, and sell when they’re greedy.
-AS ALWAYS, MANAGE YOUR RISK-