$TRUMP - Forming a continuing Head and Shoulders pattern
A continuing head and shoulder pattern has formed on the intraday time frame.
The best point to enter the trade is when the neckline breaks and touches it again.
Also, if the $36 support line is touched again and a price rejection is seen from it, it can be another technical entry point.
This is only a technical analysis and is in no way an investment or trading recommendation.
Trumprally
TRUMPUSD in a couple hours, we'll see a price over $100.TRUMPUSD in a couple hours, we'll see a price over $100.
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Breaking: $TRUMP Surges 20% Following Inclusion in Spot ETFThe cryptocurrency market has been buzzing with excitement as $TRUMP, the official Trump memecoin launched on the Solana blockchain, experiences a sharp 20% surge. This rally follows the announcement of its inclusion in a spot ETF by Rex Osprey, a major player pushing the boundaries with seven ETF applications, covering assets like BTC, ETH, DOGE, and the surprising addition of $TRUMP.
Fundamental Insights
$TRUMP was launched on January 17, 2025, making it a relatively new entrant in the cryptocurrency market. Despite its infancy, the token has already captured significant attention. Within its first days of trading, $TRUMP reached an all-time high (ATH) of $74+, as per CoinMarketCap, and an all-time low (ATL) of $6.24. Interestingly, data from Dextools paints an even more dramatic picture, with an ATL of $0.024.
These early days have been marked by high volatility and remarkable trading stories. Notably, one trader turned $4 into $97,000, while another flipped $1 into $19,000, sparking euphoria across the market.
As of today, $TRUMP has retraced to a critical support level of $33, following its ATH. This retracement aligns with broader market dynamics and provides a potential launchpad for further gains. The coin’s market capitalization has already reached $40.89 billion, underscoring its growing influence in the memecoin ecosystem.
Adding intrigue to $TRUMP’s narrative is MELANIA, a token attributed to the First Lady. MELANIA reached an ATH of $13, diverting liquidity and profits from $TRUMP. This phenomenon is cited as a key reason $TRUMP failed to break the $100 milestone, as traders shifted focus to capitalize on MELANIA’s momentum.
Technical Analysis
From a technical standpoint, $TRUMP is showing promising signs:
1. RSI at 62: The Relative Strength Index (RSI) indicates a healthy momentum, suggesting $TRUMP has room to capitalize on the recent cooldown.
2. Support at $33: The token has found strong support at $33, a critical level for maintaining its bullish trajectory.
3. Trading Patterns: Although $TRUMP’s trading history is brief, it has already exhibited a sharp rally followed by a controlled retracement, a common pattern for new tokens with high market interest.
4. Potential Breakout: With its inclusion in the spot ETF and renewed attention following Trump’s inauguration, $TRUMP is poised for a potential breakout. A retest of its ATH at $74+ could set the stage for a rally toward $100 if market conditions remain favorable.
Fundamental Catalysts
- Spot ETF Inclusion: Rex Osprey’s decision to include $TRUMP in its spot ETF applications lends significant credibility and visibility to the token, attracting institutional and retail interest alike.
- Community Hype: The memecoin’s alignment with a high-profile figure and its vibrant community provide strong fundamental support.
- Market Sentiment: Trump’s recent inauguration and the token’s rapid adoption have created a wave of positive sentiment, further driving demand.
Outlook and Conclusion
With a strong combination of technical and fundamental factors, $TRUMP appears well-positioned for continued growth. The token’s recent retracement to $33 - $40 offers an attractive entry point for traders, while its inclusion in a spot ETF provides a robust foundation for long-term value. However, market participants should remain cautious, as memecoins are inherently volatile and subject to rapid shifts in sentiment.
If $TRUMP can sustain its current momentum and retest its ATH, the elusive $100 milestone could be within reach, marking a significant achievement for this nascent yet impactful cryptocurrency.
TRUMPomania - 3 variants of possibly Bulls RallyCrypto markets have been rocked by the launch of an "official" Donald Trump memecoin this weekend—with traders braced for more mayhem this coming week.
Unlock over $3,000 in NFT, web3 and crypto perks — Apply now!
The price of the "official" Trump memecoin has surged since its Friday evening launch, breaking into the crypto top 20 by market capitalization and hitting an eye-watering $14 billion.
Now, as leaks reveal Trump is readying a flurry of crypto-focused executive orders, Trump's wife Melania has launched her own rival cryptocurrency—tanking the price of Trump's coin.
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Key Levels TRUMP🔹 Key Levels:
Supports: 20 - 28 - 35 - 65
Resistances: 90.06 🔥 and 100.00 🚀
🔹 Analysis:
The price may correct to the 65.30 zone and then rise 📈, targeting 90.06 and 100.00. If support breaks, the price could drop to 28.71 ⚠️.
🔹 Recommendation:
Using a stop loss is essential 🚨
Ensure proper risk management
Trump's inauguration sends the Tech sector's 'time to shine'The 2nd inauguration of Donald Trump (now to sworn as the 47th president of the United States) is here and expected to take place on Monday, January 20, 2025.
Crowds are gathering in Washington DC in freezing conditions ahead of this most anticipated over past several months event.
Tech sector stocks are about to have a welcome moment also.
The main technical graph for Nasdaq-100 indicates here's "time to shine" as positive fundamental and technical catalysts converge.
A rising potential for AI monetization via agentic AI as a technology can autonomously accomplish complex tasks on the user's behalf.
The fact is that widespread AI adoption has happened heavily more rapidly than PC and internet adoption in prior major technology cycles, which could mean that AI is closer than expected.
As a result, qualitative commentary on ramping up enterprise AI adoption during earnings calls will likely evolve into indications of incremental revenue boosts this year, before more meaningful monetization as early as 2026, they add.
Such a trajectory would likely be a welcome development for many AI investors who expressed worries last summer after pouring such huge amounts of money into the tech with little signs of a return on investment.
In technical terms, Tech heavy Nasdaq-100 futures has been supported a week ago by 100-Day SMA, and now an epic breakthrough of the Reversed Head-and-Shoulders technical figure is coming.
Descending Bearish channel seems is clearly broken in this time.
Phemex Analysis #54: How to Trade TRUMP Like a ProDonald Trump, the 45th U.S. President and soon-to-be 47th, has once again made history—not just in politics but also in the world of cryptocurrency. On January 18, 2025, Trump launched his very own meme coin, $TRUMP, which skyrocketed from an initial price of $0.1824 to an all-time high (ATH) of $83.216 in just 48 hours. This staggering 45,622% rise not only set a world record for the highest percentage increase of any asset but also made Trump the first U.S. president to launch a cryptocurrency.
Now, with just hours remaining before Trump’s inauguration as the 47th U.S. President, traders are speculating on what’s next for $TRUMP. Will it continue its meteoric rise or face a sharp correction? Let’s explore two possible scenarios that could unfold and how you can trade them like a pro.
Bullish Breakout: A Rally to New Heights.
The first scenario is a bullish breakout fueled by optimism surrounding Trump’s inauguration and potential crypto-friendly policies. If $TRUMP breaks above the key resistance level of $64.55 with high trading volume, it could signal another rally that takes the token to new heights. Traders will be watching closely as the price approaches critical levels like $76 and $83—the previous ATH—with the psychological milestone of $100 acting as a major target.
The momentum in this scenario would likely be driven by positive news about U.S. crypto regulations or other announcements that reinforce confidence in the token’s long-term potential. For traders looking to capitalize on this bullish move, timing is everything—waiting for confirmation of a breakout with strong volume is essential to avoid false signals.
Bearish Drop: A Chance to Buy the Dip.
On the other hand, there’s always the possibility of a bearish drop, especially given $TRUMP’s extreme volatility and rapid rise. If the price falls sharply below $50, it could trigger further declines toward the $40 support level. At this point, volume becomes a critical factor in determining whether this is a temporary correction or the start of a deeper downward trend.
If the drop to $40 occurs with relatively low volume and higher RSI compared to previous dips, it might indicate that $TRUMP is building a support base—an excellent opportunity for traders to buy at discounted prices before another potential rally.
However, if selling pressure intensifies with high volume and lower RSI, traders should brace for further declines to key levels like $32 or even as low as $24. In such cases, patience and risk management are crucial to navigating these turbulent waters.
Conclusion: High Risk, High Reward.
Trading high-volatility assets like $TRUMP is not for the faint-hearted—it’s a game of high risk and high reward. With its unprecedented rise and historic significance as the first cryptocurrency launched by a U.S. president, $TRUMP has captured global attention. Whether you’re riding bullish waves or buying dips during corrections, staying disciplined and informed will be your greatest advantage.
As Trump prepares to take office once again, all eyes are on how his policies might shape the future of cryptocurrency—and how $TRUMP will perform in this unpredictable market. For those willing to embrace the risks, this token offers an unparalleled opportunity to trade history in the making.
Tips:
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Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
Breaking: $TRUMP Set to Surge to $100 on Trump’s InaugurationThe Solana-based memecoin, $TRUMP, created by the newly elected U.S. President Donald Trump, has taken the crypto world by storm. With a 15% uptick in price at the time of writing and major exchanges like Binance now listing the token, $TRUMP is making history as the first memecoin projected to reach the $100 milestone. This explosive growth highlights the coin’s unique blend of political significance and community-driven appeal.
Technical Analysis: Is $100 a Realistic Target?
The $TRUMP chart reveals a possible retracement to the $33 support zone, which could serve as a prime buy opportunity for traders. Liquidity has already been swept from the recent highs, suggesting that the market is gearing up for another upward move. Here are the key technical factors:
1. Support and Resistance Levels:
- Immediate resistance is set at $73.43, the coin’s all-time high recorded on January 19, 2025.
- Key support is at $33, where buyers have previously stepped in, indicating strong demand.
2. Trading Volume Surge:
- $TRUMP’s daily trading volume stands at $35.9 billion, a 61.2% increase in just 24 hours. This uptick in volume is a bullish signal, showing heightened market activity.
3. Momentum Indicators:
- RSI suggests the coin is nearing overbought territory, signaling potential cooling off before another rally.
- MACD shows bullish divergence, further supporting a potential move to $100.
What Makes $TRUMP Unique?
The Official Trump token combines meme culture with political symbolism, creating a one-of-a-kind asset. Here’s what sets it apart:
1. Backed by Donald Trump:
- Launched on Truth Social, $TRUMP is directly tied to President-elect Donald Trump’s brand, amplifying its appeal to both crypto enthusiasts and political supporters.
2. Ownership and Unlocking Schedule:
- CIC Digital LLC and Fight Fight Fight LLC, affiliates of The Trump Organization, collectively own 80% of the Trump Cards, subject to a 3-year unlocking schedule. This structured release reduces the risk of immediate sell-offs.
3. Decentralized Appeal:
- Despite its political connections, the token’s creators emphasize that $TRUMP is not a political instrument or security. Instead, it’s designed to engage users in the ideals and artwork associated with the Trump brand.
Market Data: A Glimpse at $TRUMP’s Growth
- Current Price: $54.03 (26.5% below its ATH of $73.43).
- All-Time Low: $4.29 (achieved just two days ago).
- Market Cap: $10.6 billion, ranking it #21 on CoinGecko.
- Circulating Supply: 200 million tokens.
Where to Buy $TRUMP
The token is available on several leading exchanges, including:
- OKX: The most active trading pair, TRUMP/USDT, has a 24-hour volume exceeding $4 billion.
- KuCoin and Gate.io: Other popular platforms with significant trading activity.
Potential Risks and Rewards
While $TRUMP offers significant upside potential, traders should be aware of the inherent risks. High volatility, political controversies, and the speculative nature of memecoins could impact its trajectory. However, the token’s strong community support and robust trading activity make it a compelling choice for risk-tolerant investors.
Conclusion
$TRUMP is more than just a memecoin; it’s a cultural phenomenon blending crypto innovation with political influence. With technical indicators pointing toward a potential rally and fundamentals bolstered by strong market interest, the coin’s path to $100 seems increasingly plausible. Whether you’re a trader seeking short-term gains or a believer in its long-term potential, $TRUMP is a token to watch in 2025.
Bitcoin - Bitcoin, waiting for Trump's new policies!Bitcoin is above the EMA50 and EMA200 in the four-hour time frame and is trading in its ascending channel. Capital withdrawals from Bitcoin ETFs or risk off sentiment in the US stock market will pave the way for Bitcoin to decline.
Bitcoin's downward correction and its placement in the demand zone will allow us to buy it. It should be noted that there is a possibility of heavy fluctuations and shadows due to the movement of whales in the market and compliance with capital management in the cryptocurrency market will be more important.
Bullish signs are abundant in the cryptocurrency market, as investors observe various factors that favor this sector beyond Bitcoin. While some analysts predict 2025 as the year of altcoins, JPMorgan argues that Bitcoin will remain an attractive option.
Market experts point to cyclical trends that could boost altcoins such as Solana and Ripple. These two tokens experienced significant growth following Donald Trump’s election victory, driven by expectations of greater support from the new administration. However, JPMorgan highlights four reasons why investors should approach the altcoin market cautiously.
First, future policies remain speculative, with uncertainty surrounding their timing and impact. Although reduced regulatory oversight may improve sentiment across the industry, there is no guarantee that interest in decentralized finance will grow substantially.
JPMorgan noted that it is still unclear whether these new regulations will allow the crypto ecosystem to integrate into traditional financial systems or if public blockchains like Ethereum will play a central role in the future.
Additionally, the bank stated that ambitious plans for crypto reserves in the United States and beyond are likely to focus solely on Bitcoin. Certain U.S. states have already proposed legislation to hold Bitcoin as a hedge against inflation, a policy Washington might adopt during Trump’s second term.
Second, Bitcoin continues to dominate the cryptocurrency fund space. JPMorgan predicts that retail and institutional investors will keep investing in Bitcoin spot ETFs, supported by Bitcoin’s appeal as digital gold. According to a Bernstein report, Bitcoin is expected to replace gold as the primary store of value in the global economy over the next decade.
Bitcoin accounted for 35% of the total $78 billion inflows into the crypto market in 2024, according to JPMorgan. By contrast, Ethereum spot ETFs, launched in July 2024, attracted only $2.4 billion. The bank also forecasts that future ETFs for altcoins like Solana may see limited capital inflows.
Third, the Bitcoin network is evolving to rival tokens with more specific use cases, such as Ethereum. Historically, Bitcoin was perceived as a buy-and-hold asset with limited functionality. However, developers have been expanding its capabilities, and new smart contract features will help it compete with rivals.
JPMorgan also stated that large institutions might overlook public blockchains like Ethereum in favor of private blockchains offering customized solutions for institutional investors.
Fourth, new altcoin projects require time to mature and prove their utility. The bank explained that decentralized initiatives often attract initial user attention but then face declining activity and token value. To achieve sustainability, these projects must demonstrate their long-term functional benefits.
JPMorgan cautioned investors against expecting a repeat of the 2021 crypto bull market. During that period, projects succeeded through token distribution, but the current industry is more focused on blockchain capability development.
The bank further noted that MicroStrategy is still halfway through its plan to invest $42 billion in Bitcoin. This software company has made a name for itself by accumulating vast Bitcoin reserves through equity and debt financing.
For the first time in history, over 20% of total spot trading volume is conducted on decentralized exchanges (DEXs).
Standard Chartered Bank warned that if the $90,000 support level breaks, Bitcoin could drop to around $80,000. The bank highlighted that Bitcoin ETF purchases have stabilized since the U.S. presidential election, and Jerome Powell’s policy shifts at the Federal Reserve on December 18 have increased selling pressure on digital assets.
The bank cautioned that widespread panic could amplify these sell-offs, potentially affecting other cryptocurrencies.Nevertheless, such a price drop could present a long-term accumulation opportunity.
Skyrexio | TRUMP Is Destroying Crypto Market: When It Will Stop?Hello, Skyrexians!
Last 2 days something crazy is happening on the crypto market. KCEX:TRUMPUSDT is absorbing all crypto market and many people warn that it can destroy even Bitcoin. This sounds scary, but we want to remind you that FOMO will destroy your deposit. Anyway TRUMP coin is tradable and our methods are applicable to it.
Let's take a look at 15 min time frame. Awesome Oscillator helps us to understand in which wave this asset now. The answer is in the wave 3. Fibonacci extension shows us that this pump is coming to end. Price is inside that target area. Now a lot of FOMO buyers incoming into this coin, we need correction. In our opinion this correction will reach $45 then we will see the wave 5 to $120-130.
After that we can face with the huge crash. We will wait for the signal on Bullish/Bearish Reversal Bar Indicator , look how perfectly it worked before! The red dot at $120 is going to be final call for holders to sell.
Best regards,
Skyrexio Team
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
Dollar Set to rally Before Trump is in office? #USDCHF UPDATEIn this video, we provided a quick update on our USDCHF trade that we analyzed and entered yesterday. We took some profits, broke even on the original position, and added a new position for a short-term play.
We still anticipate higher prices for the USD Dollar overall, especially as we approach President Trump’s upcoming term in office.
If you found this video helpful and want to see more like it, be sure to boost, follow, and share with your fellow traders.
Have a specific pair you’d like us to analyze? Drop it in the comments, and we’ll do our best to cover it this weekend.
Happy trading, and enjoy your weekend!
BTC/EUR. Eyeballing across the €100'000 roofBitcoin robustly pumped to $100,000 and above for the first time on Wednesday, December 4, 2024 surging to a new record after President-elect Donald Trump unveiled administration picks seen as holding the keys to ushering in crypto-friendly policies when he takes office in January.
Chief among the picks is Paul Atkins, whom Trump intends to nominate to lead the Securities and Exchange Commission (SEC), which regulates cryptocurrency.
Atkins, know in social media as a crypto advocate and former SEC commissioner, is expected to regulate cryptocurrency with a lighter touch than Gary Gensler, who leads the commission under the Biden administration. Gensler, who aggressively fought the industry’s expansion in the US, is set to resign on Inauguration Day.
Bitcoin touched $100,000 just hours after Atkins was announced as Trump’s choice for SEC chair.
This is all right with the new milestone (counted in greenback), built on the stunning rally since Trump won the presidency throne on November 6, which fueled a $6,000 one-day spike in bitcoin that brought it to a new record above $74,000. A week later, it hit $90,000.
By the way.. The main technical graph for BTC/EUR COINBASE:BTCEUR says €100'000 milestone has not been passed through yet to this time.
While talks are talking, last exam is not passed yet. Macro data still stoke fears over a possible recession and the notion that the Federal Reserve could be too slow with cutting interest rates. Non-farm payroll added just 12K new places last month.
Fresh labor market data is on the radars on Friday, Dec 06 (+202K non-farm payroll forecasted).
Sure, there is "no guarantee", though.. until last exam is not passed yet.
In case of success only, we can talk about further growth towards 150 thousand euros.
Gold Spot intraday setup. The Pushmi - Pullyu animalRemember Dr. Dolittle? He was a vet who could talk to animals. One of the rarest was the “pushmi-pullyu,” a llama with two heads (one head was where the ass ought to be).
The pushmi-pullyu was a gentle creature that did not like to be stared at. And yet the other animals in Africa convinced him to go with the good Dr., and be put on display in Europe, because Dr. Dolittle was a kind soul who needed money to look after all the animals in his “care”.
It's gone a bit since Gold explosion last week, due to Biden's gaffe to authorize the yellow/blues regime use US-made missiles inside Russia's legal area, while the rods of Russia's retribution hanged like the sword of Damocles over all of Europe, on the basis of reciprocity.
Last week Gold spot added +153 US Dollars just in 5 Days. That was the best in history ever 1-week return, since January, 1980. Additionally, in percentage points Gold spot added +5.97 percent in a week. It was the 3rd best 1-week return over past decade.
Gold spot in Euro OANDA:XAUEUR at the same time continues its gain 11th straight month in a row.
The main intraday graph is for Gold spot OANDA:XAUUSD , and it indicates that Gold has retraced a bit to its key $2670 level (that was discussed in earlier published ideas), and ready to take Adv. again, since Trump-a-rally rolled out into the all-the-world fart.
Bitcoin (BTC/USD) Analysis: Correction on the Horizon?Bitcoin has been on a parabolic rally, recently crossing the critical 1.618 Fibonacci extension level at $96,232. As BTC edges closer to the psychological $100,000 mark, questions arise about whether this momentum can be sustained or if a correction is imminent. Here's a detailed analysis:
Key Observations:
1.Fibonacci Extension Levels
The price has decisively broken above the 1.618 Fibonacci level at $96,232, a critical milestone often associated with overextension in trends.
Historically, price corrections tend to occur after such steep rallies, especially near extended
Fibonacci levels.
2.Overbought RSI
The daily RSI is in overbought territory (>70), signaling that the asset may be due for a cooling-off period.
A potential bearish divergence could emerge if the price forms higher highs while RSI fails to do so, which is a classic precursor to corrections.
3.Volume Dynamics
While volume supported the initial breakout, it has been relatively muted as Bitcoin approaches $100,000.
Declining volume in an uptrend often signals waning momentum and increases the likelihood of a pullback.
4.Psychological Resistance
The $100,000 level is a key psychological barrier, likely to trigger profit-booking by traders and long-term holders alike.
5.Potential Support Zones
In case of a correction, watch for support at the previous Fibonacci levels:
$90,000 (minor support)
$74,296 (1.0 retracement)
$66,700 (0.786 retracement)
Scenarios to Watch:
1.Short-Term Correction Likely
If BTC fails to hold above the 1.618 level ($96,232), we could see a pullback toward $90,000 or even deeper to $74,296.
Bearish RSI divergence or a decline in volume on higher prices would confirm this scenario.
2.Continued Rally
Consolidation above $96,000, supported by strong volume and neutralizing RSI, could indicate sufficient strength for a breakout beyond $100,000.
A confirmed breakout with volume could pave the way toward $110,000 and beyond.
Conclusion:
A correction appears increasingly likely in the short term as BTC approaches the psychological $100,000 resistance with overbought conditions. However, the broader trend remains bullish, and any pullback to key Fibonacci support levels could present a buying opportunity for long-term traders.
Key levels to watch: $96,000 (immediate support), $100,000 (resistance), and $74,296 (major support).
Stay cautious and monitor the RSI, volume, and price action around $100,000 to gauge the next move.
Let me know your thoughts! Is BTC primed for a pullback or ready to shatter $100,000? Comment below!
Gold takes Adv. since Trump-a-rally pans out to Bulls fartIt's gone 2 weeks or so, since Mr. Trump has secured a win over his Democrat-rival Kamala Harris in the 2024 U.S. presidential election, as it declared by the Associated Press.
Since that, a lot of stocks soared in a meme-style mode, while Bitcoin clears $93,000 and Dogecoin soared amid Trump-fueled crypto rally.
Among nearly 2000 components of Smallcap Russell 2000 Index TVC:RUT , appr. 90 percent of them (without any fundamental reasons) were up on November 6 - at the day Trump clinched White House victory.
For S&P 500 SP:SPX and Nasdaq-100 NASDAQ:NDX indices these numbers were 70 and 75 percent respectively.
Since US dollar interest rates are still near multi year highs and Powell still says the Fed is in no hurry to cut interest rates.. all of that means Trump-a-rally gives no light for super-duper bets, as it's been discussed in earlier posted ideas.
Moreover, Geopolitics is roaring back, as current U.S. President Joe Biden tries to authorize the yellow-blues to use powerful long-range American-made weapons inside Russia's legal areas, potentially inside Kursk region where located The Kursk Nuclear Power Plant, that is one of the three biggest nuclear power plants (NPPs) in Russia and one of the four biggest electricity producers in the country.
The main graph is for Gold spot OANDA:XAUUSD , and it indicates on Cup with Handle technical structure in development as Gold takes Adv. since Trump-a-rally pans out to Bulls fart.
AUDUSD - Trump continues to influence the dollar!The AUDUSD currency pair is located between EMA200 and EMA50 in the 4H timeframe and is moving in its downward channel. In case of an upward correction due to the release of economic data this week, we can see the supply zone and sell within those limits with the appropriate risk reward. As long as the drawn upward trend line is maintained, the target of this corrective movement will be the ceiling of the descending channel.
The recent U.S. elections have sparked two contrasting narratives about the country’s economic future. One emphasizes economic growth through tax and regulatory cuts, while the other highlights downside risks stemming from tariffs and overall policy uncertainty. However, the business cycle’s strong performance to date remains a key consideration.
Forecasts suggest that U.S. economic growth will slightly slow to 2% in 2025, with unemployment rising modestly to 4.5%. Additionally, the Core Personal Consumption Expenditures (Core PCE) index is expected to decrease by 0.5% next year, settling at 2.3%. The Federal Reserve is likely to cut interest rates by 25 basis points in December and reduce them further to 3.75% by the end of Q3 2025.
On the trade policy front, significant tariff increases on China are anticipated, though no major changes are expected elsewhere. These tariffs could reduce trade volumes and raise import prices.
According to a recent Federal Reserve Bank of New York report, credit application rejection rates in 2024 are projected to be significantly higher than in 2019. The report also indicates that households are expected to be less inclined to apply for credit next year. Rejection rates for mortgage refinancing and auto loans have reached record highs in the survey’s history. Furthermore, the share of Americans refraining from applying for credit due to discouragement is on the rise.
Meanwhile, Goldman Sachs has revised its 2025 economic growth forecast for Australia downward, citing potential negative spillovers from the expected increase in U.S. tariffs on China. In its 2025 Australia and New Zealand Outlook report, Goldman now predicts a 1.8% rise in Australia’s GDP for next year, down from its earlier 2% forecast. This adjustment reflects the anticipated impact of tariffs on Australia’s exports, given that China is its largest trading partner.
President-elect Donald Trump has threatened to impose a 60% tariff on Chinese exports, aiming to protect American businesses and jobs.
In response, Chinese President Xi Jinping has remarked that China-Australia relations have maintained a positive trajectory of growth. He emphasized the need for enhanced coordination and cooperation between the two nations, stating that there are no fundamental conflicts of interest between them. Xi also called on Australia to create fairer trade conditions, announcing China’s readiness to increase imports of high-quality Australian products and encourage Chinese companies to invest in the country.
UltraPro QQQ. Trump-a-rally gives no light for leveraged betsIt's gone 10 days or so, since Mr. Trump has secured a win over his Democrat-rival Kamala Harris in the 2024 U.S. presidential election, as it declared by the Associated Press.
Since that, a lot of stocks soared in a meme-style mode, while Bitcoin clears $93,000 and Dogecoin soared amid Trump-fueled crypto rally.
The main graph is for UltraPro QQQ NASDAQ:TQQQ and it indicates, that major 82-Dollars resistance for leveraged bets on Tech sector has not been broken yet.
👉 NASDAQ:QQQ is a traditional ETF that tracks the Nasdaq-100 Index, suitable for long-term investors seeking broad exposure to tech-focused stocks.
👉 NASDAQ:TQQQ is a leveraged ETF that aims to deliver triple (3x) the daily returns of the Nasdaq-100 Index, making it only suitable for short-term traders.
Since US dollar interest rates are still near multi year highs and Powell says the Fed is in no hurry to cut interest rates.. all of that means Trump-a-rally gives no light for leveraged bets (yet).
Potentially everything can be clear in January, 2025 only.
GL y'all. Cheers, @Pandorra 😎
Presidential cycle. Will the crossing of RUT and SPX be repeatedDuring the Presidential Cycle is possible to verify that both indexes make peaks and troughs by the same time with similar moves.
By early 2016, the indexes followed the same movement by roughly three months, after that SP500 and Russell2000 made a new high just before the elections.
The prices continues to rise until the pandemic.
By early March 2020, SPX crosses above RTU and it was above until a little before Biden election, thereafter RUT crossed again making a new high two months later SP500 also made a new high.
By early January 2024, SPX crossed definitely RUT with SPX already making a new high.
So following the history after the elections is time to RUT to cross above the SPX line as well as to reach another higher high(??)
Bulls on the Road: A Long-Term Bet on Tesla's FutureNASDAQ:TSLA MACRO bullish outlook.
From a weekly timeframe RSI is back above 50, price have been making multiple higher lows and with last weekly close we have finally made a strong higher high.
The stock is currently trading +7% pre market open. The bottom seems to be in and looks like it wants to go straight to new all time highs.
With such a bullish momentum behind for any bystanders looking to jump in, any retrace towards $290's to $250's is a long entry at DCA. New all time high should be in a breeze.
Bitcoin BTC Forecast: Trump Wins, What’s Next for Crypto?Hello, Skyrexians!
Earlier this year we made the predictions for Bitcoin and Ethereum. We assumed that price has finished the wave 4 for Bitcoin and wave 2 for Ethereum. Here you can find predictions:
Today it looks like our forecasts are playing great. Trump won the elections in USA and cryptocurrency showed us the significant growth in one day. Bitcoin was even able to set the new ATH, some altcoins are also feel good. In today's article we are going to discuss if Trump really triggered new wave of bull run, or this is just a fake pump and soon we will see huge crash.
Navigating Bitcoin bull run: where is the final target
First of all let's take a look at the entire bull run which started at $15k. We can see on the chart below the beautiful impulsive wave.
This bull run shall consists of 5 Elliott waves. Maximum Awesome Oscillator value corresponds to the wave 3. Then we have seen the corrective wave 4 to 0.5 Fibonacci level. Look at this perfect touch! Do you remember the panic on the market on August 5? But we were sure that this is the end of dump. Awesome Oscillator crossed zero line also at this period of time. It was the early indiction that all this annoying correction is almost done. Then we saw the growth with the new ATH for Bitcoin.
Now price is printing the wave 5. Where is the target? Using our methods we predict the finish of bull run in the range between $85k and $107k. If you noticed - targets are unchanged! So, we suppose that bull run for BINANCE:BTCUSDT is almost over. It will continue climbing up on this optimism, but not so far. Now let's try to understand more global price action.
BTC | Price CELEBRATES Trump VictoryBitcoin has increased by 13% after Donald Trump has been declared the next President of the United States, beating rival candidate Kamala Harris.
Over the past few months, Trump has claimed to be very open to cryptocurrency and this victory has done nothing short of pushing the price to a new ATH... and climbing!
There are two ways in which we can calculate the net major stops; one I have been speaking about since MARCH. This target seems to be the likely next stop for BTC in the short to near term.
Time will tell if the new POTUS will be kind or cruel to crypto - remember that time we all rooted for Garry Gensler...? About that... Let's hope this time will be different.
If you want to know al little bit more about how ALTSEASON fits into this picture, check out the following idea:
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BINANCE:BTCUSDT
#PAIUSDT #MEXC #AI NEXT MOVEThis chart shows the price movement of ParallelAI/USDT on the 4-hour timeframe from the MEXC exchange, dated November 6, 2024.
Green Zone (Buy Zone): The highlighted green area represents a support zone, indicating a buy zone between approximately 0.2758 and 0.3014. This zone shows where the price has consistently found support, making it a potential area for buying opportunities if the price bounces upwards from this level.
Red Lines (Sell Points): There are two red-dashed resistance levels, acting as potential sell points:
The first level is around 0.3807, indicating a previous resistance where the price could face selling pressure.
The second level is near 0.4334, marking a stronger resistance where traders might consider selling if the price reaches this level.
The current price is near 0.3014, within the buy zone, suggesting a possible entry point for buyers, with potential selling opportunities at the highlighted resistance levels.
Will Trump win?🔍 Technical Analysis of STRUMP/USDT 📉
Key price levels marked in green 🟢 and red 🔴 show potential "Winner" and "Loser" zones:
1️⃣ Winner Zones (Resistance)
Break above 0.007312 could drive price higher 🚀
Stronger resistance at 0.010810 to confirm uptrend 🔼
Higher targets at 0.017108 and 0.025640 📈
2️⃣ Loser Zones (Support)
First support at 0.004441; a fall below signals potential downtrend 🚨
Further support at 0.003255 and 0.002162 🛑
📉 Channel & Trend Lines: Price is moving within a descending channel ➡️ Breakout from this could indicate a reversal 🔄
Trading Strategy:
📈 If price enters green zones and breaks resistances, consider buying positions.
📉 If price drops into red zones and fails to hold support, selling or avoiding buys might be wise.