$ABNB $110 target; head and shoulders forming 1MAlmost a beautiful looking head and shoulders forming here on $ABNB. Honestly, as I sit here now, will the Los Angeles wildfires have any effect on NASDAQ:ABNB negatively or positively? Will hotels get a boost? Let’s think about how many Air BNB’s got burned away in the Hills? Interesting. I don’t have any beliefs in NASDAQ:ABNB $110 is the target and looking at April 17th. Also another revelation occurring.. Robinhood has April 17th as an expiration date but that’s a Thursday. What is going on?
WSL
V-pattern
QM PATTERNhello friends
We have come up with a good and frequent pattern.
This pattern starts with a sharp movement in the direction of the trend, and its return must hit the previous ceiling, and we enter the trade in the determined pullback.
The first target is the previous ceiling and the second target is twice its movement.
*Trade safely with us*
GBPCAD - Weekly Forecast - Technical Analysis & Trading Ideas!Midterm forecast (Daily Time-frame):
While the price is below the resistance 1.82310, beginning of downtrend is expected.
Technical analysis:
A peak is formed in daily chart at 1.82320 on 12/19/2024, so more losses to support(s) 1.79228, 1.78439, 1.76819 and minimum to Major Support (1.74790) is expected.
Take Profits:
1.79228
1.78439
1.76819
1.75765
1.74790
1.72705
1.70900
1.69267
1.67670
1.65599
1.63703
1.60894
Short-term forecast (H4 Time-frame):
A Head and Shoulder Reversal Pattern has formed and the neckline has also been broken.
Price is touching the neckline again.
It is very likely that the downward wave will start from this area.
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The pattern identified in THE XRP BREAKOUT CHART continues...The pattern that I identified in mid-2024, where the price action forms a fair value gap followed by an 8-month candle pattern (3 + 5), and then breaks out on the 8th candle, is playing out exactly as predicted many months ago. This means that if the pattern, which has occurred identically four times thus far, repeats for a 5th consecutive time, we can expect an incredible period of price appreciation following the breakout of the 8th candle in the month of May 2025.
I believe that around mid-April to early May, we will see a 'flash crash' type of liquidity run on the sell-side liquidity before the 8th candle breaks out as predicted.
Prepare to be amazed!
Good luck, and always use a stop loss!
SUNFLAGNSE:SUNFLAG
Note :
1. One should go long with a Stop Loss, below the Trendline or the Previous Swing Low.
2. Risk :Reward ratio should be minimum 1:2.
3. Plan your trade as per the Money Mangement and Risk Appetite.
Disclamier : You are responsible for your profits and loss.
The idea shared here is purely for Educational purpose.
Follow back, for more ideas and their notifications on your email.
Support and Like incase the idea works for you.
IPCALABNSE:IPCALAB
Note :
1. One should go long with a Stop Loss, below the Trendline or the Previous Swing Low.
2. Risk :Reward ratio should be minimum 1:2.
3. Plan your trade as per the Money Mangement and Risk Appetite.
Disclamier : You are responsible for your profits and loss.
The idea shared here is purely for Educational purpose.
Follow back, for more ideas and their notifications on your email.
Support and Like incase the idea works for you.
BTC -USDT UPDATE on the 4th of JANUARY 2025 ! Trade closed with BTC -USDT UPDATE on the 4th of JANUARY 2025 ! Trade closed with a "healthy " profit...
"Inglorious" BTC again ! ;) Well Well Well.... Profit again ;)
Waiting for a new opportunities again...
I do hope you are in profit already... if not... You still got all year to do it ! ;)
PS: printer friendly "KISS" chart... & BTW...leverage *10 on Binance recommended... ;)
VIRTUAL’s Incredible Year: Is a Top in Sight??VIRTUAL has experienced a phenomenal rise in recent months, climbing to rank 36 in the overall crypto market with an impressive $3.7 billion market cap. This meteoric growth is a testament to the strong interest and momentum behind the project. However, as we approach the end of the year, there are signs that a potential top could be forming. Let’s analyse the chart and key scenarios to watch for in the coming weeks.
Key Levels and Observations:
1.) Elliott Wave Analysis:
The price action suggests we are completing the 5th wave of an Elliott Wave cycle, signaling a potential exhaustion of the current uptrend.
Based on the Fibonacci extension of the last corrective wave, the 1.618 level is a critical resistance at $3.8134.
A breakout above $3.8134 could open the doors to test the psychological level of $4. However, failure to break this level might confirm the end of the 5th wave and initiate a correction.
2.) Head and Shoulders Formation (Potential Setup):
There are early signs of a Left Shoulder formation on the chart. If the price rejects at the 1.618 Fibonacci level, we could see the development of a Head and Right Shoulder, forming a bearish reversal pattern.
Confirmation of this pattern would require a clear neckline and increased selling volume, signaling a trend reversal.
3.) Time-Based Correction:
A correction could align with the broader crypto market trends as we head into early 2025. Given the potential for Bitcoin to drop to the 84K support zone, this could trigger a sell-off in altcoins, including VIRTUAL.
4.) Overall Market Sentiment:
While the broader market has been bullish, a Bitcoin-led correction could drag down the entire crypto market.
Altcoins often experience sharper corrections during Bitcoin downturns, which could result in VIRTUAL retracing some of its gains.
Volume Analysis: Monitor volume levels at key resistance points (e.g., $3.8134 and $4) for confirmation of breakout or rejection.
Market Correlation: Keep an eye on Bitcoin’s price action, as any significant movement could directly impact VIRTUAL and other altcoins.
Note: These are my personal thoughts and interpretations of the current market conditions. Please take them with a grain of salt. The crypto market is highly volatile and further data and confirmations are essential before drawing definitive conclusions. Happy trading!
BNB/USDT - (25-12-2024) G-Money's short version analysis basedBNB/USDT G-Money's short version analysis based purely on technical analysis only, no nonsense or "BS".
I do totally ignore any fundamental analysis, technical analysis only
BNB/USDT still possible that is going return to the Enter level ... It is not too late to enter at the right time...
What do you think? Comment and share your thoughts please!
Chart is itself explaining. Kept a "KISS" approach all the way ( "Keep It Simple, Stupid") & beginners friendly... ;)
I do hope that nobody ignoring SL ( Stop Loss) ! Without it, It is a fastest way to loose hard earned money...
PS: above technical analysis is done for the community & educational purpose only! It is not a financial advice. Just share my very own insight to it.
Merry Christmas to ALL !
POLYMATH has some very interesting long-term upsideThere's potential here for a long term break-out. It's looking like there's a huge upside potential if we can break free of this channel. Perhaps, we've on wave 2 of the highest degree of trend with wave 3 ready to burst through the upper trend line. The sooner it does, the more violent we will go to the upsde. Let's keep a close eye on it as the longer the projection, the more there is likely to change. In any case, huge potential upside here. Follow for more.
A rising Wedge Formation In the 4H - Short for Short Period.So even though Bitcoin is in the middle of a huge upward move markets always gave us the opportunity to make money in the middle of every strong trending moves. For now we got a rising wedge formation with a heavy pull back based on the news from the FED and the zone which is acting as a magnet support level got more confluence points including the strong demand zone, the horizontal support line of the 2 formed triangles and the 1.27 extension fib level on the higher timeframe. All this points and some other additional insights are included in this short video and enjoy watching it. Please do consider to do your own research before making any type of investments in any type of markets and I urge you to notice that this is not a financial advice at all rather a personal view point.
Nathnael B.
Possible short-term BTCUSD HEAD AND SHOULDERS PATTERN formed.Please see attached chart. BTCUSD 1-4hr timeframe.
There could well be a possible H & S pattern that takes us from the neckline of around $104k down to the $99-101k buy-in zone.
This area also aligns with the 50% fib, charted from the recent swing low of $94,300 to swing ATH of $108,360
Max volume profile area also aligns at $101,000.
Longs opened at $103-104k, with further entry long limits set at 99-101k, expecting 107-108k retest for subsequent take profit. Will let anything that breaks 108k run beyond with stops adjusted as necessary.
Thanks.
Micron Technology - This Stock Will Double Soon!Micron Technology ( NASDAQ:MU ) is retesting massive support:
Click chart above to see the detailed analysis👆🏻
After we saw a test of the resistance trendline on Micron Technology a couple of months ago, it was quite likely that we will eventually retest the previous all time high. This structure is now acting as massive support and together with the rising trendline, we will see a bullish rejection.
Levels to watch: $90, $180
Keep your long term vision,
Philip (BasicTrading)
$DFS Discover Cash BackVery upside channel here. Bullish pennant/ bullish falling wedge forming. $200 easy. Could get away with $180c for 1/17/2025 for a nice grab but low OI/VOL. Good looking chart, nonetheless.
Wall Street LSR