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HelenP. I Bitcoin can make correction and then continue growHi folks today I'm prepared for you Bitcoin analytics. In the chart, we can see how the price fell to the support level and some time traded near it and later broke this level and continued to decline to the trend line. After this movement, the price turned around and made impulse up, thereby reaching the 99500 level one more time and soon broke it again. Later, the price some time traded near this level and then continued to move up to the resistance level, which coincided with the resistance zone. When the price reached this level, it first made the correction and then made an impulse up, breaking the resistance level. After this, the price reached a new ATH (108K points) and then dropped to the trend line, breaking the resistance level again. Soon, BTC broke the trend line and fell to the support level, but a not long time ago it rebounded and started to move up. For this case, I expect that BTCUSDT will make small corrections and then continue to move up to the resistance level. That's why I set my goal at 105000 level. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
8
XAUUSD POTENTIAL OPPORTUNITY AROUND THE CORNER!!! DON’T MISS ITTaking into consideration, the market condition for the past 3 months+, we can deduce the trending nature of Xauusd from 2380 to the all time high price of $2,780 before it recorded a rapid decline in price which took 50% retrace of the impulse move to the upside when measured with fibinacci tool from 2380 to 2780. Going into new week. We approach the market with caution. As we watch closely, how market participants are likely to react to the present market conditions. Whether buyers are likely to take up the price higher or this recent pullback is just a setback for buyers thereby making price to dump lower.
FOREXCOM:XAUUSDLong
by Cartela
KJELL GROUP AB | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # KJELL GROUP AB - Double Formation * Pattern Confirmation | Left, Head & Right | Subdivision 1 * Retracement 1 | Survey Valid | Not Numbered - Triple Formation * Trend Line 1 & 2 | Triangle Structure | Subdivision 2 * 012345 | Wave Count | Wave 3 Ongoing * Retracement 2 | Daily Time Frame | Subdivision 3 Active Sessions On Relevant Range & Elemented Probabilities; European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Sell
OMXSTO:KJELLShort
by TradePolitics
Long dxyCurrently believed that dxy is or has started a wave 5 impulse to new highs. I believe that this will cause corrections across stock and crypto markets, potentially for next two years. Bitcoin may have toped, I, a, looking for a pull back to low 70 this next 12months being a A wave on a large scale corrections, with a push up before failure and settling around 40k regions before a few impulse out to 180k. I will monitor for sideways accumulation around 45-40k. This is my current bearish plan 21.12.2024
TVC:DXYShort
by belikeliquid
You see head and shoulders breakdown, I see quick $$Algo vs. head and shoulders smackdown -- who's gonna win? (said in my most bobastic sounding voice) To be honest, both COULD be right. I can win short term and the breakdown could be real. Uptrend line from the May low is still intact and I always listen to my algo on the miners because the wins are usually fat compared to others, plus it has already corrected 40% and Bitcoin hasn't. While the miners are always leveraged plays on bitcoin in both directions, 40% seems extreme to me. I traded it during the March-May 50% correction and made money then, so entering after a 40% drop already happened makes this a much higher probability trade. I may cut it loose early if I can get a big win before the end of the day on Monday, though. Per my usual strategy, as long as the position is open, I'll add to my position at the close on any day it still rates as a “buy” and I will use FPC (first profitable close) to exit any lot on the day it closes at any profit. As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.
NASDAQ:HIVELong
by redwingcoach
2
$OTHERS Alts Catching A Bid vs $BTCEveryone kicking themselves for not taking profits on Alts because they’re almost back to where they were before this whole run up when Trump won 😭 Today, Alts dumped to just 10% above their ₿itcoin pairs. Lesson Here: If you're gonna trade Alts, make sure to continuously take profits back into CRYPTOCAP:BTC Good News: the market looks to be bidding Alts > BTC rn on this dip, signaling Alt Season around the corner 💯 Notice RSI, Ascending Volume and Bullish Hammer 🚀
CRYPTOCAP:OTHERSLong
by jonnieking
Thyssen Krupp possible wave 4 in processIf the next low is higher than wave 1 or A, it means we have a probable wave 4 in process. Let's see if there is a reaccumulation. Even if this hypothesis fails, the stock is still cheap. The company is not making money, but why should we care about it? LOL. I like the stock. Germany is in the edge of a possible recession, so the economic cycle is not helping here. So, not many positive things, but that's why it's cheap now. If there wasn't any recession fears and the company would be making a lot of money, we wouldn't see these prices.
XETR:TKA
by NicolasRZ