Bitcoin to 100k this year?Hey guyys!
So Trump won the election and we have new BTC ATH!
And I think we all wondering where we can go now?
Let's check the chart and daily we have bullish MA cross, huge volume on this election day.
But, another day volume is not pretty nice and looks like more manipulative movement.
So I think if we will stay long at the ATH level without moving up with descending volumes, we could potentially see some correction.
If we stay above 69k, most likely after this short correction we can go up, if we're not holding this level we can go to 59-63k level.
Cause real rally for me, will happen in 2025.
What's your ideas, guys? Let's discuss in the comments? Are we going to 100k this year or only in 2025?
Volume
3 Key Support Levels on S&P 500 Futures (ES)On ES (S&P 500 Futures) , it's nice to see a strong buying reaction at the price 5937, 5887.50 and 5804.
There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again.
The S/R zone from the past and high volume cluster are the main reasons for my decision to go long on this trade.
Happy trading
Trader Dale
Adaptive Volume Flow Indicator (AVFI)The Adaptive Volume Flow Indicator (AVFI) is an advanced version of the traditional Volume Flow Indicator (VFI) that adapts to market conditions by using dynamic volatility and volume thresholds. It improves volume analysis by reducing false signals in low-volatility environments and adjusting sensitivity during high-volatility periods.
Key features include:
Dynamic volatility cutoff using ATR to adjust sensitivity based on market conditions.
Adaptive volume cap that adjusts to the asset’s average volume, avoiding skewed signals.
Customizable smoothing methods with options for EMA or SMA.
Improved noise filtering, making it more reliable in sideways or low-volume markets.
The AVFI helps identify trend strength, volume-driven price movements, and potential reversals, offering a more accurate and adaptable tool for traders.
ETH Price Setup: Why $2,840 Could Spark the Next Big Move
BINANCE:ETHUSD has been underperforming compared to BINANCE:BTCUSD and some other major cryptocurrencies, yet recent developments hint at a potential shift. Despite facing a significant resistance cluster, ETH has shown resilience by breaking above a key volume profile Point of Control (POC) level on the higher timeframe, signaling the early stages of a bullish sentiment shift.
However, to sustain this momentum, CRYPTOCAP:ETH needs to conquer a critical resistance zone, marked by a 1-week Fair Value Gap (1W FVG) and a 1-day Order Block (1D OB) – a challenging area that will likely test ETH’s ability to break out.
Chart Analysis: Key Levels to Watch
Major Resistance Zone (1W FVG & 1D OB)
The most immediate challenge for ETH is closing above the resistance zone around $2,840. This area is crucial because it combines a 1W FVG and 1D OB, both of which create a barrier that ETH needs to break through for the next leg up.
A decisive close above this level on the daily chart would turn the 1D OB into a breaker block, potentially flipping it from resistance to support and laying the foundation for a more sustained bullish displacement.
Volume Profile POC Breakout
ETH has already broken above the higher timeframe volume profile Point of Control (POC), a positive sign that suggests market interest and liquidity are shifting upwards. This break above the POC adds to the semi-bullish case, as it often signals a potential move towards filling the FVG above.
Entry Into the 1W FVG (SIBI)
Should ETH successfully close above the $2,840 level, it would enter the 1W FVG, opening up the possibility for a larger upward move. Once in this zone, buyers could gain confidence, triggering additional buy-side liquidity and a rally towards $3,100 - $3,300.
Trade Setups
Swing Trade Setup
Entry: Look for a close above $2,840. Ideally, wait for a retest of this level to confirm it as a breaker block before entering long.
Target:
Primary Target: $3,100 - within the 1W FVG zone.
Secondary Target: $3,300 - higher end of the FVG, where resistance may intensify.
Stop Loss: Set below the 1D OB, around $2,750, to protect against a failed breakout and retracement.
Rationale: A breakout and successful retest of $2,840 would signal strength, allowing ETH to push into the FVG and potentially rally toward $3,300. If buyers are strong, this could lead to a medium-term bullish trend.
Scalping Setup
Entry: Enter long on quick pullbacks to $2,750 - $2,770, close to the 1D OB support zone, or during any small dips within this range.
Target:
First target at $2,840 for a quick profit.
Second target around $2,900 - $2,950 if momentum is strong.
Stop Loss: $2,730, slightly below the 1D OB level to protect against larger sell-offs.
Rationale: For scalpers, buying dips around the 1D OB level provides a quick entry with a high probability of retesting the resistance at $2,840. This setup allows for short-term gains while taking advantage of potential volatility near the key resistance area.
Looking forward to hearing your thoughts on this!
Trade safe folks,
Cheers
Correction Silver. H4 07.11.2024Correction Silver 📉
In silver, I expect a correction deeper to the final zone of 29.70-30.10 where significant option fills and double margins fall into. Therefore, we should be prepared for a deeper correction in silver, especially on the back of the gold decline, which usually catches up with silver with a small lag. Of course, we can't exclude the growth from current levels, but the conditions are weak.
CAPITALCOM:SILVER
This is the liqidity Grab I was waiting for...Now I'm in the high-risk long trade with reduced risk.
Price broke highs retail longed, now they are stopped out and retail shorted = perfect environment for taking price finally up after previous month sell-off.
Accumulation / Manipulation / Distribution
- No liquidity raid = No trade
- Never buy high and never sell low
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
Dave FX Hunter ⚔
$COINBASE as BTC going UP! 3 targets, let´s see.To continue with my theory, Q4 is from the Cryptos.
Q2 and Q3 were stocks, but now is the Crypto moment, and the stocks that will do well in my view are from this sector.
In the case of NASDAQ:COIN we have a Breakout on the Daily RSI, about to do so on the weekly, which would give a confirmation. And we need to break the 200 MA for another confirmation.
So:
Confirmation 1 Breakout MA 200.
Confirmation 2 Breakout RSI weekly.
Stop Loss: At $154.
Targets:
T1: $255.78
T2: $317.92
T3: $399.04
Maximum 5% of the portfolio.
Groupon long position/swing trade idea - $NASDAQ:GRPNNASDAQ:GRPN may be a long from here. It put in a monthly indecision candle last month, along with a relative volume per range signal, after sweeping below a pivot near an area of interest. Also swept under prior weekly low and reversed, heading back toward prior week high.
I've started a tiny feeler position today looking for a potential weekly breakout and run up toward the highs around 19-20 and beyond, perhaps even starting a long run back up to the IPO price. I will tighten and add more if it takes out the weekly high.
Normally in this distribution I would only look for a long if it first dropped to $7.5, and it may still do that or continue lower, but the monthly relvol signal made me want to make an attempt at this one from here. Monthly and quarterly relvol signals tend to lead to the best trends.
Why Trading Sessions Matter in Forex: Key OverlapsThe Forex market is open 24 hours a day during the weekdays, allowing traders flexibility to trade at any time. However, understanding the best times to trade is essential for effective trading. The market is divided into four main sessions: Sydney, Tokyo, London, and New York, each corresponding to peak activity in key financial centers. Using a Forex Market Time Zone Converter can help traders determine which sessions are active in their local time, making it easier to plan around high-liquidity periods.
Although the market is technically always open, not all trading times are equally profitable. Higher trading volume, which generally occurs during session overlaps, creates ideal conditions for traders. For example, the overlap of the London and New York sessions sees the highest volume, with more than 50% of daily trades occurring in these two centers. Trading at this time, especially with currency pairs like GBP/USD, can lead to tighter spreads and quicker order execution, reducing slippage and increasing the likelihood of profitable trades. Similarly, trading AUD/JPY during the Asian session, when the Tokyo market is active, is advantageous due to higher trading activity for these currencies.
Conversely, trading during times when only one session is active, such as during the Sydney session alone, can result in wider spreads and less market movement, making it harder to achieve profitable trades. Planning trades around high-activity sessions and overlaps is key to effective forex trading.
AUDUSD. Trading opportunityHello traders and investors!
On the daily time frame, there has been a sideways range since August 24 (with point 4 formed). The lower boundary is 0.63478, and the upper boundary is 0.6942.
The seller's vector 5-6 within the range on the daily time frame has reached the target of 0.65604. The buyer has halted the downward movement and is trying to start their vector 6-7 with a potential target of 0.67985.
If we think not in terms of the range, but how the last buyer’s impulse, which started at 0.63478, traders have gathered volume below the 50% level (0.66278) of this impulse, which may indicate an attempt to reverse the price upwards.
We should pay attention to how the price interacts with the 0.6622 level. This is the start of the buyer’s last sub-impulse (which nearly coincides with the 50% level of the last impulse!).
If the buyer manages to break through this level and defend it, this accumulation below the level will provide good fuel for an upward move, and long positions can be sought.
If the seller defends the 0.6622 level, it makes sense to wait for the buyer’s next attempt to reverse the price on the daily time frame, as searching for short positions in the buyer’s context area is risky.
Short positions can be looked for on lower time frames, with lower time frame targets and considering the contexts of both the higher and lower time frames.
A medium-term forecast can be found in the related post.
Good luck with your trading and investments!
Price Action - HFCLCurrent Price Action
The stock has recently shown a bounce back movement from its support trendline, indicating potential strength and buyer interest.
The recent high-high and high-low formations suggest strong interest in the stock, coupled with an increase in volume, which can be a bullish sign.
Volume and Momentum
Increased volume during the recent bounce back suggests strong participation and interest from buyers, which is a positive sign.
Growth Perspective and Fundamental Analysis
Product Portfolio and Diversification
HFCL Ltd. has a diverse product portfolio including Optical Fiber Cable (OFC), WIFI solutions, cloud-based network management systems, and more. This diversification reduces dependence on a single product and enhances growth potential.
The company serves multiple sectors such as telecom, defense, railways, utilities, and security & surveillance, both in the private and government sectors, which provides a stable and growing revenue base.
Conclusion
From a price action trading perspective, HFCL Ltd. shows signs of potential upside with the recent bounce back from support levels, increased volume, and bullish technical indicators. However, it is important to monitor the short-term bearish signals and adjust trading strategies accordingly.
WTI is targeting growth again. H4 05.11.2024🛢 WTI is targeting growth again 📈
Oil is looking at a possible pattern for a segment overlap to the upside in which we will again target a major upside. Price is now approaching the control margin at 73 and from there a local correction may be made and then growth will continue. Major volumes have stayed down and have been buybacks. Also OPEC+ have postponed the increase in oil production which will further support it.
BLACKBULL:WTI
XAU/USD🪙 XAU/USD I have the following preview for this pair>>🖊️ I am still Bearish on 4HTF. I am also BEARISH on 30MTF and again the market left NA below us like yesterday, that means a Short position for me. The idea is we close below VPOC and VAL yesterday and we are below dOpen. I would watch for shorts here.