Trend Lines
XRP is poised to surge toward $4 The possibility of #XRP reaching $4 is an exciting speculation, especially for traders and investors in the cryptocurrency market. Such predictions are often based on a combination of factors like technical analysis, market trends, regulatory developments, and broader crypto adoption.
Here are some potential factors that could support this hypothesis:
1. Positive Regulatory Developments: Ripple’s partial victory in its SEC lawsuit has boosted investor confidence. Further favorable rulings or regulatory clarity could push XRP’s price upward.
2. Increased Utility: Ripple’s focus on cross-border payments and partnerships with financial institutions could lead to increased demand for XRP, driving its price higher.
3. Market Sentiment: A bullish overall crypto market could help XRP gain traction, especially with renewed interest in altcoins.
4. Technical Breakouts: If CRYPTOCAP:XRP breaks through key resistance levels in its charts, it could trigger a rally to $4 or beyond.
5. Institutional Adoption: Large-scale adoption by financial institutions and payment providers could significantly impact XRP’s value.
Are of potential entries :
2.4 - 2.1
1.9 - 1.6
Trading Note
While the prospect of XRP hitting $4 is thrilling, it’s crucial to stay grounded. Use risk management strategies like stop-loss orders and avoid over-leveraging your positions. Always base your trades on a mix of technical analysis and fundamental research.
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ST Long Entry ZoneCloser look at the method I use to identify entry. I will tend to buy a small amount with no stop loss on the candle i think will get closest to the bottom trendline, wait to see if next candle confirms uptrend, and then buy the majority of the order there with some left over to throw in as the price action is certain to move up from the channel. Ill set my stop loss during any time the price action slows and mix market and limit orders depending on how quickly its moving. Use the fib channel levels to determine limit prices as well as stop loss levels. So far $16-$30 of variance is a good idea for anything that requires reliability if trading perps using 1-5min charts(this one is 15m).
EURUSD Technical Analysis: No Signs of a Reversal!As noted in the previous analysis, the pair reversed from the identified supply zone. On the daily time frame, aside from the marked support levels, no significant factors suggest a reversal. A key element for a potential turnaround would be the break of the descending trendline, which has yet to occur, requiring patience for now. Additionally, the risk of entering a sell trade under current conditions is high.
Oil Technical Analysis: Breaking a Historical Trendline As anticipated, oil continued its upward movement and has now broken a significant historical trendline. This breakout could pave the way for oil to reach the $80 resistance level.
There is a likelihood of the price touching the marked supply zone, which could attract more buyers. This zone presents a potential opportunity for entering a buy position.
BTC 1H Setup This setup expects the price to move according to my previous 4H analysis, and we are rising up on the right shoulder of a bearish H+S on the way to ~98k.
Pink lines define the buy zone uptrend. There should be final accumulation/consolidation around 95.2 as the next bullish move after that is going to be trying to punch thru 96k into the bear accumulation territory.
Watch carefully to ensure theres no funny business when 96K comes around and also if price action is congruent to the rising wedge implied in the chart drawings(until $95200). Buy between the pink lines and anticipate closing at any of the fib levels above 97k. So far my entries within the buy zone did alright with 30x leverage with tight stops well inside the zone.
GOLD (XAUUSD): Intraday Analysis & Bullish Outlook
As I posted earlier, Gold successfully violated a significant
horizontal intraday/daily horizontal resistance.
Retesting the broken structure, the market continued growing.
The price started to respect the boundaries of a rising wedge pattern.
I believe that we can anticipate a further bullish continuation within that next week.
The final destination for the buyers is 2716 resistance.
With a high probability, it will be reached soon.
❤️Please, support my work with like, thank you!❤️
RIPPLE (XRPUSDT): Bullish Trend ContinuationRipple shows strong signs of a bullish trend following a long period of correction within a symmetrical triangle pattern.
Breaking through the resistance line suggests a likely continuation of the upward trend.
The price is expected to soon reach the 2.800 level and potentially surpass the all-time high to reach 3.000, a psychological level.
S&P 500: Bearish Momentum BuildsAs we move further into 2025, the S&P 500 continues to show signs of weakness, intensifying the bearish outlook from my last post. The Rising Channel breakdown and Head and Shoulders (H&S) pattern remain dominant, with the price now trading firmly below the 50 EMA.
Attempts to reclaim the Rising Channel have failed, confirming that the long-term bullish structure is no longer in play. The neckline of the H&S pattern, previously broken, has become a strong resistance zone, reinforcing the bearish momentum. The 50 EMA has flipped to resistance, making it even harder for bulls to regain control.
Currently, the 200 EMA is providing critical support. If this level fails, the downside momentum could accelerate significantly, leading to much lower targets. Key levels to watch include 5,687.33, 5,600.45, and the channel projection target of 5,119.26.
Bulls will need to defend the 200 EMA and push the price back above the 50 EMA to have a chance at reversing this trend. Otherwise, the market seems poised for further downside. Let me know how you’re approaching this setup shorting, waiting for a bounce, or something else? Stay sharp and trade carefully! 🚀
IPO : US IPO ETFAfter suffering a brutal bearish phase from 2021 to 2022 when the ETF ‘IPO’ suffered a 70% drawdown the ETF is recently having a renaissance. ETF has been having a comeback since 2024. It has recovered almost 80% from its lows. The recent weakness in the market has pushed it below 100 day SMA in the weekly charts.
Bullish XRP - XRP/BTC Chart - Weekly Time FrameXRP/BTC has broken out vs Bitcoin on the Weekly chart. This seems to be true no matter how you draw the lines too. The red line in the image in particular had several attempts made before finally breaking. So it was a strong resistance level. XRP broke out and re-tested the level perfectly. A bullish move upwards for XRP should continue in the coming weeks or months.
What this means is that XRP will be a better investment than BTC. XRP will make up some ground compared to BTC in terms of market cap.
Note: This agrees with my monthly analysis for XRP/BTC also. See link to related publication. Both are on high time frame charts which makes them more reliable, but they may take a long time to fulfill.
Bullish divergence Is think from here the nifty can reverse little bit and be side ways till the budget, before a good move either side.
PGR new long term addWith this market uncertainty I decided to sell some riskier positions in my main spot account and add this large cap insurance play. PGR has the best ROE vs. revenue growth of the 20 insurance stocks I studied recently. The past few years they have expanded to a nearly 30% return on equity. If this channel holds, this is a great buy zone for the company leading into earnings. They usually beat all metrics and with a local bottom here and a decent correction I expect a nice upside, the fib extension target is 313$, this matches up with my fundamental analysis of the company target between 295-310$. This is a much safer bet than low price to book value based insurance plays. Progressive also has less risk than many competitors that are overexposed to the California fires.
HelenP. I Bitcoin can correct to trend line and then rebound upHi folks today I'm prepared for you Bitcoin analytics. In this chart, we can see how the price rose to the trend line and then turned around and dropped to the resistance level, which coincided with the resistance zone. After this, the price tried to grow but failed and broke the 101000 level and continued to fall to the support level, which coincided with the support zone, and when BTC reached this level, it at once rebounded up. Then price turned around and made a correction movement to the support level, after which repeated movement up to almost the resistance level. Next, Bitcoin made a correction to the 93200 support level again and even entered to support zone, but soon turned around and rebounded up to the trend line. When the price reached this line, it broke it and made a retest, after which continued to grow to a resistance zone. So, when BTC entered to resistance area, it turned around and at once dropped to the trend line, breaking the resistance level one more time. Just now, the price trades near the support level and I expect that BTCUSDT will correct to the trend line and then start to grow. For this case, I set my goal at 97000 points. If you like my analytics you may support me with your like/comment ❤️
UHS UNIVERSAL HEALTH SERVICES buy idealook at this one! broke the decending trendline, maybe now moving higher?
seasonality is at our side here.
feel free to contact me and comment.
or just leave a like
Emerging markets looking weakAMEX:EEM has broken Supp + trendline mainly fueled by China's downturn and Brazil.
AUDCHFHere we come, today, 11 January 2025. I learnt that my girlfriend has other two boyfriends she has been hiding from me, Im so heart broken as we speak but I decided to go face the charts just to relax my mind a bit. So here Im strongly for bulls, however in the short run, where Bears are indicated on this RSI Divergence, sell cautiously. With the green pen, Ive spotted a Cup and Holder pattern seeming to unfold if we open the markets with strong buyers, lookout for the resistance breakout of the cup's handle and buy cautiously. With the reds, its purely Supply nd Demand, Support and Resistance.
EURUSD Will be in bearish direction after Breaking ChannelHello Traders
In This Chart EURUSD HOURLY Forex Forecast By FOREX PLANET
today EURUSD analysis 👆
🟢This Chart includes_ (EURUSD market update)
🟢What is The Next Opportunity on EURUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
OPK Longin uptrend, trendline break + retest
Long 1.6
Stop 1.35
Target 2.2
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
For non-Pro option traders, better begin from buying ITM options and keep 90+ days, Selling OTM and less than 60 days.
I will try some samples to test my chart reading and OP strategy :
"Buy in the money (ITM) calls in daily uptrend, and keep 400 days. "
CAN price 1.6 11/19/2024
BuyToOpen Jan2026 Call C1 Limit 1.0 (C1 Delta 0.87 , 422 days )
ITM C1 has 0.6 value.
OPK price 1.6 11/20/2024
BuyToOpen Jan2026 Call C1 Limit 0.65 (C1 Delta 0.85 , 421 days )
ITM C1 has 0.6 value.
Long $AMDI have started a position in AMD. I buy broken downtrends. If it goes against me, I redraw and buy the next break. I'm planning on 4 buys. We'll see how many I get. No target. No plan. No clue.
Gold to USD (XAU/USD) Analysis - 1-Hour Timeframe
Key Levels to Watch:
Resistance Levels:
The $2660 level serves as the immediate resistance near the current price.
Higher resistance levels are located at $2680 and $2700, both of which could act as strong barriers.
Support Levels:
The $2640 level is acting as a key support, currently being tested by the price.
If $2640 breaks, the next support lies at $2620, followed by a stronger support level at $2600.
Trend Overview:
A short-term uptrend has been visible since December 23rd, suggesting bullish momentum.
Currently, the price is correcting around the $2640 level, which might provide a good buying opportunity if the support holds.
Trade Idea: Buy Opportunity
If the price respects the $2640 support level and forms bullish reversal candlesticks (e.g., a hammer or bullish engulfing candle), a buy position can be considered.
Targets:
Target 1: $2660
Target 2: $2680
Stop Loss (SL):
Below $2635 (5 dollars below the key support).
Scenario for Support Break:
If the price breaks below $2640 and stabilizes below this level, it might move toward $2620 or even $2600.
In this case, it’s better to wait for a new confirmation before entering a position.
Conclusion: The $2640 support level is crucial in determining the next direction for gold. A proper stop loss and adherence to risk management strategies are essential for navigating this trade effectively.
SHIB 50% profitThis chart presents a trading opportunity for SHIB/USDT with clear take-profit (TP) levels and a promising uptrend cycle. 📈
Analysis:
The yellow moving average (MA) highlights a trend shift to bullish momentum. SHIB's price has crossed this line, indicating a potential breakout. 🚀
A strong support level is visible near 0.00002139, preventing further downside. 🛡️
The green zone represents the risk-free entry point, suggesting limited downside risk if proper stop-loss levels are respected. ✅
Targets are clearly defined:
TP1: 0.00002373 🎯
TP2: 0.00002641 🥈
TP3: 0.00003212 🥇
A big uptrend cycle suggests SHIB could reach these targets as it attracts more buyers. 🐂
Strategy:
Entry Zone: Current price levels around 0.00002139 are favorable for opening long positions. 💹
Stop Loss: Place at 0.00002019 to limit risks. 🛑
Profit-Taking: Gradually secure gains at each TP level. 📊
Market Sentiment:
Volume bars show increasing participation, signaling that buyers are stepping in. If this continues, SHIB is likely to hit its targets. 🔥
Final Note:
This is a low-risk, high-reward setup based on technical indicators and market structure. Always monitor the market for sudden changes and stick to your plan. ⚠️
