Platinum is a solid BUY BUY BUY!The current platinum versus silver chart is screaming to scoop up as much platinum as you can to eventually stack more silver in the future!
Benefits of the Platinum vs. Silver Chart
Historical Ratio Analysis:
The platinum-to-silver ratio measures how many ounces of silver you can buy with one ounce of platinum. Historically, this ratio fluctuates, and investors use it to identify relative overvaluation or undervaluation.
For instance, if the ratio is unusually low (platinum is cheap compared to silver), it might signal a buying opportunity for platinum. Conversely, if the ratio rises significantly (platinum becomes expensive relative to silver), you can trade platinum for silver, acquiring more silver than you started with.
Market Cycles and Arbitrage Potential:
Precious metals don't move in lockstep; they react differently to economic conditions, industrial demand, and market sentiment. Trading between them based on their relative values allows you to profit from these cyclical differences.
When platinum is undervalued (as it is now compared to historical averages), it offers more potential for appreciation.
Diversification and Inflation Hedge:
While silver has high industrial use, platinum’s demand is growing in sectors like automotive (catalytic converters) and hydrogen energy, diversifying your exposure to economic trends.
Both metals are excellent inflation hedges, but diversifying into platinum can reduce risks tied to the specific dynamics of the silver market.
Asymmetrical Upside for Platinum:
Platinum has been historically undervalued compared to gold and silver, meaning its upside potential in a bull market could outpace silver. By investing in platinum now, you're positioned to benefit from a possible price correction.
Clear Buy for Platinum (Current Market Analysis)
Low Price of Platinum Relative to Silver:
If the platinum-to-silver ratio is near historical lows, platinum is likely undervalued. Buying platinum now means you’re acquiring an asset with significant growth potential.
Potential to Accumulate More Silver:
As the platinum-to-silver ratio rises in the future (when platinum becomes overvalued relative to silver), you can sell or trade platinum for silver. This allows you to increase your silver holdings without additional capital.
Illustrative Example
Current Situation:
Platinum is trading at $900/oz.
Silver is trading at $25/oz.
Platinum-to-silver ratio: 36:1 (36 ounces of silver per ounce of platinum).
Future Projection:
If platinum rises to $1,800/oz and silver increases only to $30/oz:
Platinum-to-silver ratio becomes 60:1 (60 ounces of silver per ounce of platinum).
By trading 1 ounce of platinum, you can acquire 60 ounces of silver, compared to only 36 ounces today.
Outcome:
You’ve increased your silver holdings significantly by taking advantage of the price ratio.
Why Platinum Now?
Undervalued Relative to Silver and Gold: Platinum is priced lower than gold and silver on a relative basis, which historically is an anomaly.
Growing Demand: Industrial and green energy applications are expected to boost platinum demand.
Scarcity: Platinum is much rarer than silver, adding to its long-term value potential.
By monitoring the platinum-to-silver ratio and understanding market cycles, you can leverage the undervaluation of platinum to maximize your holdings of both precious metals over time.
Wave Analysis
Building Bridges: $OM's Progress in 2024Been seeing projects doing December advent calendar recaps of 2024
Meanwhile - #MANTRA consistently delivering new partnerships and RWA tokenization developments on a daily basis. While others reflect, we're busy building the bridge between TradFi and DeFi, one milestone at a time.
Real world assets. Real value. Real progress.
NASDAQ:OM
Strong Fundamentals Amidst Market DipNASDAQ:OM is seeing a dip today along with the broader market, but the fundamentals remain strong.
With its focus on RWA tokenization and growing institutional adoption, NASDAQ:OM is still on track for significant growth.
$10+ NASDAQ:OM is still in the cards this cycle. Stay focused and HODL strong!
#BuyTheDip #MANTRA #Bullish #Altcoins
VET/USDT Potential Bottom Structure Formation ( Low Timeframe )Based on the information available, the VeChain (VET) market is currently showing mixed signals with both potential for consolidation and upward movement.
VET might undergo a period of consolidation before any significant price movement. This is supported by the view that the cryptocurrency is currently testing support zones without showing strong buy pressure, which could lead to a sideways movement or minor corrections before any breakout. This could be indicative of the market's uncertainty or waiting for further confirmation before making substantial moves.
Conversely, there are indications that if VET manages to break through certain resistance levels, a significant upward trend could follow. The breakout from a symmetrical triangle pattern on the monthly timeframe, as mentioned, could signal a shift in momentum, aiming for targets like $0.10 to $0.16. This suggests that once the consolidation phase resolves, VET could experience a parabolic rise due to pent-up demand and market dynamics shifting towards bullish sentiment.
Fill Your Bag with DOT !! has just flashed a historical MACD buy signal! Recently, we saw a healthy correction in the market, so there's no need to worry.
If you're considering adding Polkadot to your portfolio, now could be the right time to do so.
Take a look at my previous analysis—it was perfectly timed! Based on the current trends, I believe we could see a minimum price of 40 USD within the next 2-3 months.
As I always say, while you can’t predict the exact timing of the market, this opportunity is worth considering. (Disclaimer: This is not financial advice.)
HBAR/USDT Potential Retracement and Rally: Fibonacci Levels in FDescription:
This idea analyzes the HBAR/USDT price action using Fibonacci retracement and extension levels to identify key areas for a potential correction and subsequent bullish rally.
Key Observations:
1. Fibonacci Retracement Levels:
• The retracement is drawn from the recent low at 0.0476 to the high at 0.3841, revealing key levels:
• 0.236 (0.1233): Potential first support.
• 0.382 (0.1731): Major support zone.
• 0.618 (0.2537): Current key resistance level.
• 0.786 (0.3111): Next potential resistance.
2. Fibonacci Extension Levels (Bullish Targets):
• If HBAR rebounds strongly, the Fibonacci extension levels offer potential price targets:
• 1.618 (0.595): First key target.
• 2.618 (0.936): Higher resistance zone.
• 3.618 (1.277): Optimistic rally target.
• 4.236 (1.488): Maximum bullish potential in this projection.
3. Price Action Projection:
• I anticipate a short-term correction to the 0.382 retracement level (0.1731) before a bullish rally toward higher Fibonacci extensions.
• The 0.618 level (0.2537) is currently a critical resistance zone that needs to be broken for further upside.
4. Market Sentiment:
• This projection assumes bullish continuation after the retracement. A break below 0.1731 could invalidate this setup.
Disclaimer:
This analysis is for educational purposes only and not financial advice. Please conduct your own research and trade responsibly.
Would love to hear your feedback and thoughts on this setup! Let’s discuss in the comments! 🚀
Elliott Wave Analysis & Altcoin Market ImpactElliott Wave Analysis & Altcoin Market Impact 🌐
This analysis isn’t just about the current structure but also hints at the potential effects on the altcoin market:
1️⃣ Bitcoin Dominance Shift:
As the ABC correction unfolds, Bitcoin's price might see temporary weakness. Historically, such corrections often lead to altcoins gaining traction, as capital flows out of Bitcoin and into altcoins.
2️⃣ Altcoin Surge Post-Wave (C):
During Wave (B), altcoins could face short-term pressure as Bitcoin attempts a retracement.
However, during Wave (C), a sharp drop in Bitcoin could ignite a relief rally in altcoins, as traders shift their focus.
3️⃣ Key Levels for Altcoin Traders:
Watch for Bitcoin’s break below the 1.618 extension (near 3.70%). This could act as a trigger for a significant altcoin rally.
Dominance charts and volume spikes will help confirm the momentum shift.
Conclusion:
For altcoin traders, this structure provides an opportunity. Short-term caution is necessary, but a potential altcoin breakout could follow if Bitcoin completes its correction successfully.
USDT Dominance Update (4H)Before anything else, read the instructions carefully:
We have a strong supply zone on the chart, and if the price hits this supply, a significant rejection is likely to follow.
Considering the manipulative behavior of market makers, it's not out of the question that we see a higher high in this upward wave, with the price reaching the supply zone outlined in this analysis.
According to the multi-chart analysis, Ethereum has not yet reached the flip zone. (You can find the link to this Ethereum analysis in the "Related Publications" section at the bottom of this page.)
Adjust the final steps of your buying strategy within this range.
Let’s see if the Tether dominance reaches this red zone or not.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
USDT DOMINANCE UPDATE (4H)This analysis is an update of the analysis you see in the "Related publications" section
First of all you should know that "USDT Dominance" is always moving inverse of BTCUSDT .
It seems that Tether Dominance has entered a large C wave.
There are numerous requests to determine the market direction in this situation.
Based on our analyses, it seems that Tether dominance will move as follows.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Analysis of gold trend next weekAnalysis of gold trend next week:
Based on the current news, data and technical aspects. The trading strategy for next week will be mainly short selling at high levels. First of all, the first pressure level 2638-42 will be the main reference pressure level. Gold can continue to be short when it reaches around 2638-42. The short-term pressure level 2632 will be our final As a defensive position, as long as gold does not break through the 2642 line and stands firm, gold will still maintain a short trend. The closer the price is to 2638-42, the more beneficial it is for us to be short! From the daily and hourly lines, the shorts are pressing step by step, and there is still room for shorts.
From the 4-hour analysis, the upper resistance focuses on the 2638-42 line, and the lower support focuses on the 2586-92 area. The intraday pullback relies on this position to continue shorting at high levels, and falls back along the short trend. The daily level is under pressure below this position and continues to maintain the high shorting rhythm unchanged. If you buy more against the trend, please be cautious about the buying point, enter the market with a light position, and strictly set a stop loss.
Gold operation strategy:
1. Short sell gold when it rebounds to 2638-2642, stop loss at 2651, target at 2588-2593;
2. Buy gold when it falls back to 2586-2593, stop loss at 2575, target at 2630-35;
XAUUSD End of Day trend forecast from December 23rd According to my analysis, the XAUUSD End of Day trend is Bullish from December 23rd, 2024 till 5 trading days . There are support and resistance levels given in the chart may vary in the real-time market.
The content provided is only for the educational purposes. Do not trade without stop-loss.
VTI (Vanguard Total Stock Market ETF) – Going Down SoonOverview:
VTI is currently facing resistance at the $301.85 level, where bulls need a breakout to reverse the bearish momentum. However, the recent price action suggests a potential continuation of the bearish wave structure, aligning with broader market uncertainties.
📊 Technical Analysis:
Key Resistance Zone:
The resistance zone at $301.21–$301.85 is derived from the 88% Fibonacci retracement of the recent downtrend. This area is critical for the bulls to reclaim control.
Bearish Elliott Wave Setup:
- Wave W: Completed, marking a significant decline.
- Wave X: Nearing completion at the resistance zone, with a bearish reversal expected.
- Wave Y: Targeting lower levels as part of the corrective wave sequence.
Targets:
= Target 1: $289.76 – This aligns with a key support area and the 1.0 Fibonacci extension.
- Target 2: $280.81 – Corresponds with the 1.618 Fibonacci extension and aligns with historical support.
Stop-Loss: Placed above $301.85 to account for false breakouts while maintaining a favorable risk-reward ratio.
🌐 Macro Analysis:
Economic Conditions:
1. Rising interest rates and a cautious Federal Reserve stance are weighing on the broader market, including total market ETFs like VTI.
2. Persistent inflation concerns and slowing economic growth create additional headwinds.
Sector Rotation:
3. Defensive sectors like utilities and healthcare are gaining traction, suggesting risk-off sentiment in the broader market.
Investor Sentiment:
Investors remain wary of market volatility, with a shift toward bonds and cash as safe-haven assets.
📌 Trade Plan:
- Short Entry: Between $301.21–$301.85, contingent on bearish confirmation at the resistance.
- Risk Management: Stop-loss at $301.85.
- Profit Targets: First target at $289.76 and second target at $280.81, ensuring a robust risk-reward ratio.
⚠️ Risk Considerations:
Watch for macroeconomic events, such as Federal Reserve announcements and inflation data, that could impact market direction.
Monitor VTI’s reaction at the resistance zone for potential invalidation of the bearish setup.
Do you agree with this bearish outlook on VTI, or do you see a different trend unfolding? Share your thoughts! 🚨📉
VOO (Vanguard S&P 500 ETF) – Bearish Wave ContinuationOverview:
This analysis on VOO highlights a possible short opportunity as it completes a corrective wave structure. Utilizing Elliott Wave Theory and Fibonacci retracement, we anticipate a reversal within the resistance zone leading to further downside continuation.
📊 Technical Analysis:
Elliott Wave Structure:
- Wave W: Completed with a significant drop, signaling bearish momentum.
- Wave X: Retracement phase nearing completion at a critical resistance zone ($550.77–$551.54).
- Wave Y: Expected continuation lower, targeting key Fibonacci extensions.
Fibonacci Analysis:
- Resistance Zone: $550.77–$551.54 (between 61.8% and 65% retracement).
- Stop-Loss: $557.91 (just above the 88% retracement for protection).
- Target 1: $538.66 – Previous support level aligning with the 1.0 extension.
- Target 2: $526.78 – Confluence of the 1.618 Fibonacci extension and structural support.
Bearish Confirmation:
Price rejection within the resistance zone will confirm the setup.
Look for increased volume and bearish candlestick patterns before entering the trade.
🌐 Macro Overview:
Market Sentiment:
Continued market uncertainty driven by inflation and Federal Reserve interest rate policies may dampen bullish sentiment.
Economic Data:
Weakening consumer sentiment and declining corporate earnings expectations suggest potential downside for the S&P 500 ETF.
Sector Impact:
Tech-heavy sectors and growth-oriented stocks within the S&P 500 are likely to face pressure due to rising yields.
📌 Trade Plan:
- Short Entry: Between $550.77–$551.54 within the resistance zone.
- Risk Management: Stop-loss at $557.91.
- Profit Targets: Target 1 at $538.66 and Target 2 at $526.78, offering a solid risk-reward ratio.
⚠️ Risk Considerations:
Monitor economic events such as CPI releases or Federal Reserve statements, as they could affect the broader market trend.
Would you take this trade, or do you see the market moving differently? Let me know in the comments! 🚨📉
Russia after peace: an idea for a moral tradeIf you do forex, there is huge speculation going on against Russia since the Pluto transit occurred. The barbaric world of speculation is currently betting on the total collapse of the Ruble, which has lost yet another key level since the November 22 attacks. The attacks that followed the Ukraine bombing of Russia in Nov 18.
A Russian collapse means a single thing: Nuclear holocaust, which is why it won't happen. And if it does, then money will be the last of your problems.
A long here with a tp at 0.9060 and 0.9534 was a free trade I gave on other platforms. A long for the Ruble if the current 0.95 level holds can lead to higher targets in the mentioned dates. It would be both a smart and morally correct thing to do, in order to fight in GME style those reckless speculators.
FTMUSDT.1DThe analysis delves into Fantom's price movements against Tether (USDT) on the daily chart from Binance. It offers a snapshot of the currency's performance and its future directional bias based on current and historical price movements.
Price Action and Trend:
Fantom has shown a robust uptrend, characterized by higher highs and higher lows since mid-2023. This is confirmed by the ascending support line (S1), which has continually bolstered price pullbacks.
Key Technical Levels:
Resistance Levels (R1 and R2):
R1: $1.2447 - This level marks recent highs and an area of intense selling pressure that could serve as an immediate ceiling for price.
R2: Not clearly marked but expected around previous highs in the $1.7 range, acting as a long-term target should the uptrend persist.
Support Levels (S1 and S2):
S1: The dynamic support line currently intersects the price trajectory, offering a potential bounce-back zone.
S2: If S1 fails, the next significant historical support area is at $0.50, a level from which price rebounded strongly in early 2024.
Technical Indicators:
MACD: The MACD line is slightly above the signal line, indicating a potential for bullish momentum but also showing signs of converging, suggesting a possible slowdown in upward movement.
RSI: With a reading near 54, the RSI is neutral, hinting at neither overbought nor oversold conditions, which supports potential for either direction but confirms stability in current levels.
Volume and Market Sentiment:
Trading volume has been variable, with spikes aligning with significant price movements, suggesting active trader participation at key levels.
Conclusion and Forecast:
FTM's consistent uptrend supported by ascending trendlines and reinforced by occasional pullbacks to support levels suggests a bullish outlook. Watching how the price reacts at R1 ($1.2447) will be crucial; a solid break could signal further gains towards R2 around $1.7. Conversely, a break below S1 may trigger a short-term bearish reversal towards S2 ($0.50).
Trading Strategy:
Bullish Scenario: Traders might consider long positions on dips near S1 with stop-loss orders below this line to capitalize on potential rebounds aiming for R1 or higher.
Bearish Reversal: A conservative approach involves watching for a sustained break below S1, which could validate entering short positions targeting S2, ensuring stop-losses are set slightly above S1 to manage risk effectively.
Summary:
Fantom currently exhibits a healthy uptrend with clear support and resistance levels offering both trade opportunities and risk management points. The market indicators suggest cautious optimism, warranting close monitoring of price action near these critical technical thresholds for precise trade execution.