People sold for taxes. NOW, back to 100K before Jan 21stMy orange support lines held firmly, MSTR closed at my exact support yesterday and we are set up for a push higher before our new Pres takes office on the 21st.
Price target is 100K before 01/21/2025 and then an argument for a potential bearish head and shoulders is on the table. Which plays out perfectly because all of retail will be so hyped for trumps pro crypto administration, that bullish retail buying could trigger another pull back down.
Be ready for A LOT of whip saws and volatility. Buy the rumor and SELL THE NEWS.
Volume
VIRTUALUSDT - My swing trade with lots of upside!BYBIT:VIRTUALUSDT
I've been trading this coin successfully in 1m - 15m charts from around 13-Dec-24. I've realised there is potentially a lot more upside and more gains to be had by switching to a swing trade and let it run.
I have started a swing position (see inside chart screenshot) on 31-Dec-24 and is currently up, using the liquidation level as my SL to allow the trade plenty of room to move.
Will adjust SL accordingly in the next few days depending on price action and trend.
Volume Breakout - Swing TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Volume Breakout. Stock has give Breakout with Volume. Keep in watch list. Buy above the high. Suitable for Swing Trade. Stop loss & Target Shown on Chart. After Entry, Exit With in 5 Days, whether Target / Stop loss Hit or Not.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think.
Note: Entry above High Only as shown on Chart as it is the confirmation of Trend Continuation
Bitcoin: The Cyclic Pattern Unfolding Again?Analyzing the current BTC weekly chart reveals striking similarities to the past, specifically the cycle seen at the end of 2023 and the beginning of 2024. Let’s break it down step by step.
1. Price Movement Comparison
Late 2023 vs. Late 2024: At the end of 2023, Bitcoin experienced a sharp rally of around 65%, moving from the lows to a significant peak. Fast forward to late 2024, and we see a nearly identical pattern—again, approximately 65% growth from the bottom to the recent high. The symmetry is hard to ignore.
2. WaveFlow Indicator
On both occasions, the WaveFlow indicator paints an eerily similar picture. It shows a strong push from the lows to the highs, followed by an expected pullback before another rally. If history repeats itself, the current setup implies that BTC will form a second peak following an intermediate bottom in the near term.
3. PrimeMomentum Long-Term Signal
The red diamond signal from the PrimeMomentum Long-Term Signal BTC indicator appears in a nearly identical spot:
The beginning of 2024: Red diamond signaled a top before a significant correction.
Late 2024: The same signal has just appeared, aligning with a possible cyclical correction phase.
4. PrimeMomentum Oscillator
At the bottom of the chart, the PrimeMomentum oscillator shows behavior that mirrors the end of 2023. This resemblance reinforces the idea that Bitcoin’s price action is following a cyclic pattern.
5. Expectations and Forecast
January Correction: Based on these indicators and historical patterns, we anticipate a pullback at the beginning of January 2025, targeting a mid-range consolidation or support zone.
February–March Rally: Following the correction in the second half of January, a rally is expected, peaking around March 2025, similar to early 2024’s price action.
Post-March Decline: After March, we could see another downward phase, mirroring the price behavior in mid-2024.
Conclusion: The Power of Cyclicality
This chart showcases the undeniable rhythm of Bitcoin’s cyclicality. Indicators like WaveFlow and PrimeMomentum provide clear parallels between the current market state and historical movements. If the cycle repeats as expected:
Short-Term: Prepare for a correction.
Mid-Term: Watch for a strong rally.
Long-Term: Plan for another cyclical downturn.
The data strongly suggests that Bitcoin’s market structure continues to adhere to predictable cyclical trends. With this knowledge, traders can better anticipate key market movements and position themselves accordingly.
MICROLN after disposed by OMESTI - announced severe LOSSseems like a reversal to happen
Looking at the chart for Microlink Solutions Berhad, here's my analysis:
Current Price Action:
- Trading at RM0.240, up 11.63%
- Recently broken above downtrend resistance
- Showing signs of trend reversal after extended decline
Technical Analysis:
1. Moving Averages:
- Price crossed above all major moving averages
- Moving averages beginning to turn upward
- Golden cross formation developing (short-term MA crossing above long-term MA)
2. Support/Resistance Levels:
- Immediate support at RM0.220 (recent breakout level)
- Next resistance around RM0.280 (previous support turned resistance)
- Major support at RM0.120 (recent low)
Volume Analysis:
- Notable increase in volume supporting the reversal
- September 2024: MYR3.033M (+172.03%)
- Green volume bars indicating strong buying pressure
Key Events and Figures:
- MYR-81.114M (-51561.98%) in September 2024
- June 2024: MYR-4.94M (-81.24%)
- Recent volume spike suggesting institutional interest
Trading Considerations:
- Breakout from downtrend suggests potential trend reversal
- Stop loss could be placed below RM0.200
- Initial target at previous resistance RM0.280
- Risk management crucial given historical volatility
SENDAI - BUY ON DIP ?SENDAI - CURRENT PRICE : RM0.570
SENDAI is uptrend for long term view as the share price is trading above 200-day EMA. In short and medium term the trend is sideways. However, I expect the stock may trend higher in the upcoming sessions as there are several bullish scenario appears on the chart.
i) The share price manage to breakout 50-day EMA
ii) Price bounce from support level of ICHIMOKU CLOUD indicates that buying interest is sufficiently strong to overcome selling pressure
iii) CHIKOU SPAN also manage to bounce from CLOUD support level
iv) RSI (above 50) heading upwards and stochastic oscillator is in oversold zone
v) High trading volume than previous sessions.
Technically it is a BUY ON DIP for this stock.
ENTRY PRICE : RM0.560 - RM0.575
TARGET PRICE : RM0.625 and RM0.690
STOP LOSS : RM0.530
TAYOR !
Darvas Box Strategy - Break out Stock - Swing TradeDisclaimer: I am Not SEBI Registered adviser, please take advise from your financial adviser before investing in any stocks. Idea here shared is for education purpose only.
Stock has given break out. Buy above high. Keep this stock in watch list.
Buy above the High and do not forget to keep stop loss, best suitable for swing trading.
Target and Stop loss Shown on Chart. Risk to Reward Ratio/ Target Ratio 1:2
Stop loss can be Trail when it make new box / Swing.
Be Discipline, because discipline is the key to Success in Stock Market.
Trade what you See Not what you Think.
Volume Breakout - Swing TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Volume Breakout. Stock has give Breakout with Volume. Keep in watch list. Buy above the high. Suitable for Swing Trade. Stop loss & Target Shown on Chart. After Entry, Exit With in 5 Days, whether Target / Stop loss Hit or Not.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think.
Note: Entry above High Only as shown on Chart as it is the confirmation of Trend Continuation
TSM Formed A VCP With A Tight EntryWith solid support on Friday off the 20 day moving average and a quick above average volume recovery form the sell-off on the 18th, TSM is my top candidate going into the new week.
At about 10 weeks old with 4 tightening price contractions it looks ready to go here and offers a low risk entry. Looking forward to Monday to see what direction it and the general market trade in.
SQQQ | Im Very Bearish the Markets Going into Q1 - 2025How I see It: (The commentary is purely my own thoughts based on my research comparing it to what I've seen in the media and other social media sites)
SQQQ smooths out the noise and shows me if we are in a bearish scenario in the technology sector.
This ETF has been in a bullish divergence for the last 6 months, and it showing signs its time to pop higher.
That equates to the QQQ's going into a correction mode over the next 3 - 6 months.
Be careful as profit taking will come hard, and margin calls will run crazy.
ProShares UltraPro Short QQQ seeks daily investment results, before fees and expenses, that correspond to three times the inverse (-3x) of the daily performance of the NASDAQ-100 Index. The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the fund's investment objective. The index includes 100 of the largest domestic and international non-financial companies listed on The Nasdaq Stock Market based on market capitalization. The fund is non-diversified.
I came back with ADA
**🔴 Cycles Analysis for BINANCE:ADAUSDT **
1. **Cycles Overview:**
- **HWC (Higher-Wave Cycle):** Price is range-bound (fluctuating within a specific range) with no clear direction.
- **MWC (Medium-Wave Cycle):** Downtrend. Therefore, the likelihood of continued downward movement is higher.
- **LWC (Lower-Wave Cycle):** Range-bound movement.
- **Conclusion:** A slight bearish tendency due to overall cycle dynamics.
---
**🔍 Key Breakout Strategy:**
My goal is to identify price interactions with resistance and trend lines. Observing these areas helps:
1. **Likelihood of Breakout:** Determine which levels are more likely to break.
2. **Buyer and Seller Strength:** Analyze which group (buyers or sellers) holds more power.
For beginners: a breakout refers to a price moving outside a defined support or resistance level, often signaling a strong directional move.
---
**💎 Long Position Setup:**
- **Trend Line Analysis:**
- The trend line has multiple touches, increasing the probability of a breakout.
- In the **15-minute timeframe**, a decline in volume (a decrease in the number of trades) was observed as the price approached the trend line, indicating potential weakness.
- **Key Considerations:**
- Keep the cycles in mind! Given the slight bearish tendency, opening a long position carries higher risk. Ensure proper risk management.
---
**🔻 Short Position Setup:**
- **Key Resistance Level:** $0.8587.
- **Wait and Observe:** Allow the price to test this level to assess its reaction. Watch for:
- Volume spikes, which might indicate a price rejection (when sellers overpower buyers at a certain level).
- Confirmation of selling pressure to initiate a short position.
---
**🛑 Risk Management Reminder:**
Capital management is the cornerstone of trading success and survival. Reduce risk when market conditions are uncertain, and always adapt your strategy to the current market environment.
---
**✨ Final Thoughts:**
This analysis highlights the importance of understanding cycles, volume trends, and price action at key levels. If the price breaks above $0.8587, it could signal a bullish reversal, while rejection at this level may confirm continued bearish pressure.
📢 **Do you agree with this analysis? Share your thoughts or let me know if there’s a specific coin you’d like me to analyze next!** 🪯
IDEA $CELH ON WATCHNASDAQ:CELH
CELH looks in an interesting spot below its major long term VPA with increasing volume on weekly/monthly charts. Blue box indicates long term sell/buy zone flip which would mean it will be hard for the price to go below 25. It can break down and go towards 20- if it goes there that would be a great long term spot to add.
Buy Plan/Sell Plan
Try to open a position below $26 as possible.
If $25 breaks sell position and look to buy closer to $20.
If upside next spot where it needs to break out of $31 which is long term VPA- would look to take some profits there and see that happens
Weekly Chart
Again looks like buy/flip zone. Only thing concerning is the break below VPA which may just make it tickle down to the next volume shelf. The last few weeks./months volume did pick up which at this price level indicates buyers showing up
Monthly Chart
Again basically confirms everything in weekly
AI Info:
Financial Health and Growth:
Earnings and Revenue: Celsius Holdings reported earnings that beat analyst expectations, showing strong sales growth. The company has been expanding its market share, particularly in the energy drink sector, although there have been concerns about slower growth due to inventory adjustments with its distributor, PepsiCo.
Future Growth: The company's strategy includes international expansion and innovation in product offerings, which could drive future revenue. However, there are challenges with increased competition and the need to defend market share against giants like Monster and Red Bull.
Risks:
Market Share and Competition: Celsius has seen its market share slip slightly, with competitors gaining ground. The energy drink market is highly competitive, and Celsius needs to continue innovating to maintain and grow its market presence.
Analyst Recommendations:
Wall Street analysts have a generally bullish view on CELH. Many have given it a "Strong Buy" or "Buy" rating, with an average 12-month price target around $38.79 to $46.56, indicating significant upside potential from recent trading levels. Analysts from firms like Morgan Stanley, JP Morgan, and B.Riley have adjusted their outlook, with some lowering price targets but maintaining buy recommendations.
$Others setting the Scene for 100% + MoveA few reason for continuation for the next move up.
Bull Flag on CRYPTOCAP:OTHERS
Momentum indicators, MACD and RSI have reset and ready for another leg higher
CRYPTOCAP:BTC.D Backtested highs and ready for drop
Fear and Greed Index reset, from extreme Greed to Neutral
This is looking great for Tier 1 Alts, Alt L1 and L2 Ecosystems
Most bullish on:
BINANCE:JASMYUSDT
BINANCE:CRVUSDT
BINANCE:FETUSDT
BINANCE:TAOUSDT
BINANCE:FTMUSDT
BINANCE:EGLDUSDT
$BINANCE:XRDUSDT
BINANCE:INJUSDT
BINANCE:ARBUSDT
BINANCE:ENJUSDT
PNUTUSDT: Approaching a Key Level – Go Short or Wait for a Reteswww.tradingview.com
Hey, traders! 🐂🐻
Today, we’re looking at BINANCE:PNUTUSDT , and the chart looks tense. The price has dropped to 0.61254 USDT , and the bears seem to be gaining momentum. Looking at this diagonal resistance line, one thing is clear: the market is gearing up for a move.
The chart shows a classic downtrend structure, and the key support levels scream potential reversal points. But as they say, "don’t go all in until the setup is confirmed."
---
🔑 Key Levels:
Support:
0.60223 USDT – a critical zone where buyers might try to hold the asset.
0.59000 USDT – the last line of defense before a potential dump.
Resistance:
0.62000 USDT – the nearest level where bears continue to apply pressure.
0.64000 USDT – the next resistance level holding back upward movement.
---
🚩 Strategy:
Entry Point:
- Open a short position after a retest of 0.62000 USDT , provided bears maintain control.
Stop-Loss:
- Place your stop above 0.64000 USDT to avoid sharp moves against your position.
Take-Profit Targets:
0.60223 USDT – the first level to "skim the cream".
0.59000 USDT – the second target if bearish pressure persists.
0.58000 USDT – the final target in case of a full breakdown of support.
---
📈 Technical Breakdown:
The downtrend remains dominant until the price breaks 0.62000 USDT .
Volume confirms bearish activity, especially around resistance levels.
A break below 0.60223 USDT could signal further downside.
---
💡 What’s Next?
Bears seem to be in control, but the market might go for a local retest. What do you think? Wait for a bounce back to resistance or catch the move now? Share your insights – collective wisdom always wins! 🚀
IDEX-USDT | This Crypto will pop as bitcoin falls | BTC HedgeIdex claims to be the first hybrid liquidity DEX that combines an order book model with an automated market maker. It blends the performance and features of a traditional order book model with the security and liquidity of an AMM. Idex takes an innovative approach to decentralized exchanges by combining an off-chain trading engine with on-chain trade settlement. Users benefit from that in several ways.
First, this approach does away with failed trades and wasted money on gas fees, making the trading experience more pleasant and efficient. The instant trade execution means front-running or sandwich attacks are not possible and users can trade without waiting for previous trades to settle. As a result, more advanced order types and trading strategies can be executed since limit orders are possible, opening up arbitrage opportunities with other exchanges.
Idex follows an ambitious roadmap that envisions a multi-chain future for the exchange, which currently runs on Ethereum and Binance Smart Chain. For the remainder of 2021, it plans to launch on second layer solutions and Polkadot and implement a referral. For the future, Idex plans to implement leverage trading and launch on additional layer one and layer two blockchains.
BTC pullback before inauguration?Merryy Christmas guys and upcoming New Year!
Seems like we gonna meet New Year w BTC lower than100k...
Looks a bit scary, but here is in short what we have:
1) Daily MA cross. Which is bearish sign
2) Divergence between raising BTC channel and volumes
3) If the price will follow the red line move, it will form double top pattern 🥲
My expectations: I think we could correct to Fib zone around 0,236 (87k zone) and after we should check. But anyway seems like correction should happen before to continue growing and this we most likely gonna see after inauguration.
What you think guys? Help me dispel this scary picture 😅