Crypto Pick of the Day: TROYUSDT
🚀 Get Ready to Double Up! 🚀
🌍 What’s Happening?
TROY is looking strong and ready to pop. This is the perfect time to buy in before the next big move.
📊 Trade Plan:
📌 Buy Zone: $0.049 - $0.053
🎯 Target: 100% gain
⏳ Hold Time: Max 1 week
🎯 What to Do Next?
💬 Got questions? Let’s talk!
💡 Note: This isn’t financial advice. Always DYOR before investing.
🔥 TROY is heating up – Are you in? 🔥
Wave Analysis
AVAX LONG // Trade entry - AVAXUSD // low risk setup
Asset: AVAXUSD
Position: Long
Entry price: (average dca ) 35,00
Stop loss: 18,00
Target 1: 115,00
Max potential target: 523,00
Risk reward: 1 : 30+
Trade duration: 3-6 months
Trading idea. No financial advice. Do your own research.
**Take care trade management & risk management.**
1000CHEEMS/USDTKey Level Zone : 0.0010592-0.0010722
HMT v2.0 detected. The setup looks promising, supported by a previous upward/downward trend with increasing volume and momentum, presenting an excellent reward-to-risk opportunity.
HMT (High Momentum Trending):
HMT is based on trend, momentum, volume, and market structure across multiple timeframes. It highlights setups with strong potential for upward movement and higher rewards.
Whenever I spot a signal for my own trading, I’ll share it. Please note that conducting a comprehensive analysis on a single timeframe chart can be quite challenging and sometimes confusing. I appreciate your understanding of the effort involved.
If you find this signal/analysis meaningful, kindly like and share it.
Thank you for your support~
Sharing this with love!
HMT v2.0:
- Major update to the Momentum indicator
- Reduced false signals from inaccurate momentum detection
- New screener with improved accuracy and fewer signals
What a Daily BTC Update looks like Thank you for reading my post! I appreciate the time you have taken to stop by, please leave me a comment.
Every day for nearly 10 years, I have updated BTC in the various groups I have owned or worked for.
Follow as I post them here for the next 7 days!
BTC UPDATE 21/12/2024
BTC has shown resilience, bouncing successfully in the current region with a successful retest, indicating strong buying interest. However, we’re not out of the woods yet—the market remains cautious, and confirmation is still needed for the next bullish leg.
Key Weekly Pivot to Watch: $100,831
The weekly pivot at $100,831 is the critical level to reclaim.
A close above this pivot would signal renewed bullish momentum and confirm the bounce as more than a relief rally. There may still be one more retest in the lower region, but a more condensed corrective pattern would reflect the support as holding.
Scenarios to Prepare For
Bullish Case: Close Above $100,831
A weekly close above this pivot could open the door to:
Testing resistance zones around $105K to $108K.
Reaffirming BTC’s macro uptrend and restoring market confidence.
Bearish Case: Failure to Close Above $100,831
If BTC fails to hold or close above this region:
Expect a potential revisit to support around $95K to $94K.
Increased sell pressure could lead to deeper retracements, possibly targeting $85K as a more substantial support zone.
Key Indicators to Monitor
Watch RSI and MACD for signs of overbought or oversold conditions near key levels.
Volume: A strong breakout above $100,831 should be accompanied by increasing volume, signalling conviction from buyers.
Daily and Weekly Candle Closes: Focus on higher timeframes (daily and weekly) for confirmation of direction.
Momentum Indicators: Watch RSI and MACD for signs of overbought or oversold conditions near key levels.
Bitcoin & Macro Analysis fo 2025From previous analysis, BTC on target and Hit Fibonacci Extension 1.272 at $108.000
And rejected from this area
For now, BTC need pullback before continuing rally
You can see pullback area at :
- Fibonacci Retracement 0.236
- Fibonacci Retracement 0.386
- Fibonacci Retracement 0.5
Be cautious with your decisions, especially for 2025 , as the Dec 2024 Summary of Economic Projections release has impacted the market. Macro economic conditions are solid, but the Fed's decision left the market disappointed.
After release Summary of Economic Projections Dec 18 FOMC, market was disappointed since The Fed's forecast cut rates only 2x or maybe just 1x (3.9) instead of 4x as SEP projected in September (3.4).
Facebook ($META) - Potential Long Setup HereOverview:
META Platforms Inc. has been at the forefront of reshaping digital interaction through its investments in the metaverse, artificial intelligence, and its robust ad-tech ecosystem.
The recent pullback in price offers a potential buying opportunity, backed by key technical levels and promising fundamentals.
Fundamental Analysis:
- Metaverse Investment & AI Push
META's heavy investment in Reality Labs has been a drag on profitability but signals long-term commitment to innovation. Additionally, META has been leveraging AI to optimize its ad delivery systems, boosting revenue from its core business.
- Ad Revenue Growth
With improving global macroeconomic conditions and advertisers adapting to new privacy rules (post-IDFA), META's ad revenue is expected to maintain steady growth. The upcoming Q4 earnings will be pivotal in assessing this trend.
- Cost Optimization
META’s cost-cutting measures, including its recent layoffs, show commitment to operational efficiency, which could improve margins moving forward.
Macro Trends:
- Interest Rates
The Federal Reserve’s dovish stance on interest rates could positively impact growth stocks like META, providing tailwinds to its valuation.
Consumer Behavior: With digital ad spending expected to grow in 2024, META remains a beneficiary of the increasing shift to online advertising.
Technical Analysis:
Key Levels:
- Buy Zone: $580.39 - $583.25 (Fibonacci 0.618 - 0.65 retracement). This area has confluence with a prior structural pivot and could act as strong support.
- Stop-Loss: $574.65 (below the critical swing low).
Targets:
- Target 1: $604.29 (Fibonacci 0.382 retracement).
- Target 2: $659.40 (Fibonacci -0.236 extension).
Wave Count:
The Elliott Wave structure suggests that META may be completing a corrective wave (WXY). A reversal in the blue "Buy Zone" could signal the start of a new impulsive wave.
Momentum Indicators:
Elder Impulse System shows bearish momentum waning, hinting at a potential reversal. RSI (not shown) is also approaching oversold territory, supporting a bounce scenario.
Trade Plan:
- Entry: $583.25
- Stop-Loss: $574.65
Targets:
- Target 1: $604.29
- Target 2: $659.40
Conclusion:
META offers a compelling buy opportunity as it consolidates near strong support levels. With its focus on metaverse innovation, AI, and cost optimization, coupled with improving macro conditions, META could see significant upside.
However, investors should watch Q4 earnings closely and remain mindful of risks associated with metaverse-related expenditures.
Disclaimer: This analysis is for educational purposes only and not financial advice. Always conduct your own research before making trading decisions.
#COW: Unlocking the Power of Fair TradingDescription:
This trading idea highlights COW (CoW Protocol), a decentralized trading platform that focuses on batch auctions to minimize slippage and maximize efficiency for traders. COW aims to revolutionize the decentralized finance (DeFi) space by providing fair, gas-efficient, and transparent trading solutions. With its emphasis on reducing front-running and ensuring equitable trading experiences, COW has garnered attention as a game-changer in the DeFi ecosystem. Its innovative approach to order execution and cost-saving features makes it a compelling choice for those seeking to engage in decentralized trading platforms.
That said, cryptocurrency markets are inherently volatile, and various factors, including regulatory changes, macroeconomic trends, and technological advancements, can significantly impact the price of assets like COW. Caution and strategic planning are essential when trading or investing in such assets.
Disclaimer:
This trading idea is provided for educational purposes only and should not be considered financial advice. Cryptocurrencies like COW carry significant risk, including the potential for complete loss of capital. Always perform thorough research, evaluate your financial situation, and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
My Best analysis The chart you've provided shows a bearish trend on the 4-hour timeframe for Bitcoin (BTC/USD). It highlights key resistance and support zones:
Resistance levels: Around 102,759, 100,958, and 99,376.
Support level: Price is approaching 94,000.
If the price fails to reclaim the resistance levels, the bearish momentum might continue. Ensure you manage risks effectively and follow your trading plan.
Let me know if you want this analysis rephrased for TradingView or need further insights!
Lucid Group’s Epic Comeback: A Journey Back to Glory?Lucid Group (LCID) has experienced a steep decline since its historic peak on 15th November 2021, when it reached approximately $57 per share. The downtrend, spanning over two years, is best interpreted as a classic ABC corrective structure based on Elliott Wave Theory. However, recent technical signals suggest this prolonged bearish phase may have concluded with the low of $1.93.
Elliott Wave Analysis of Lucid Group
The ABC correction highlights a significant retracement, with the C-wave marking the final stage of this bearish structure. The $1.93 low could represent the termination of Wave C, potentially setting the stage for a robust recovery. If this analysis holds, Lucid Group could be poised for a sharp reversal, with an initial target of $13 and a long-term potential to reclaim $60.
Fibonacci and Confluence Zones
From a technical perspective, the $1.93 level aligns with key Fibonacci extensions, reinforcing its validity as a critical support. This confluence supports the idea that the correction is complete, paving the way for an impulsive upward move.
Fundamental Outlook
While the technical setup is promising, Lucid’s fundamentals will also play a crucial role in its recovery. As a leading electric vehicle (EV) manufacturer, Lucid is well-positioned in a burgeoning market. Its innovative designs and expanding global footprint make it a company to watch as the EV sector continues to grow.
Risk Management and Key Levels
Despite the bullish outlook, risk management remains vital. If the $1.93 level is breached, it would invalidate this scenario, signalling further downside risk. For now, this serves as the critical stop-loss level for any bullish positions.
Final Thoughts
Lucid Group is at a critical juncture. After a prolonged corrective phase, the stock appears ready to rebound, with technical indicators pointing to significant upside potential. Targets of $13 in the short term and $60 in the long term provide compelling opportunities for investors.
For traders looking to capitalise on Lucid’s recovery, close attention to key support and resistance levels will be essential. The EV giant may just be gearing up for an electrifying comeback.
MSTX: The Coiled SpringFollowing MSTX's descent to $60, technical indicators are painting a picture that screams opportunity.
Daily Chart:
Weekly Chart:
The CM_Ult_MaCD has bottomed out completely, and if you've traded long enough, you know what that means - upward momentum is coming, and it's coming fast.
The setup is textbook perfect. We're seeing the Stochastic oscillator flirting with oversold territory, and anyone who's been in this game knows that's when you want to position yourself. It's not just about timing - it's about recognizing the patterns that repeat themselves.
What's really getting my attention is the SQZMOM_LB indicator. Those VIX spikes we're seeing aren't random noise - they're telling us a squeeze is brewing. When this pressure cooker blows, we could see rapid upside movement that'll catch the shorts off guard.
Speaking of shorts, they've shown their hand at the $60 VWAP level. Both daily and weekly charts confirm this sweet spot, and I'm seeing all the signs of a short sweep setting up. This is exactly the kind of technical confluence that precedes significant moves.
I'm anticipating MSTX to first reclaim the $100 level, with potential to test previous highs around $175-200. The short squeeze, when it triggers, could accelerate this movement significantly. Smart money will be watching these levels closely.
The key here is patience.
Let the technicals confirm what we're seeing. When that squeeze triggers - and it will - you'll want to be positioned ahead of the crowd.
Stay tuned for updates as this play develops.
$SOL deep deeper deepest!CRYPTOCAP:SOL is back in his channel. Sol has been corrected very deeply. I hope that Sol will first test and break the supply zone and then move on to the next one for a retest outside its trend for a retest on top of the trend and demand zone. As soon as that pattern is complete, we head to the ATH. First let's test and break that supply zone.