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Wave Analysis

Bitcoin peaked and fell backBitcoin has completed five waves of rise in the accelerated rising channel, and a peak signal has appeared, and then it has started to pull back. The current pullback wave is an adjustment phase, providing an opportunity to wait for the price to fall back to a suitable position. In the short-term trend, bears dominate. The support below is 92,000. The upper pressure is around 96,000, the low point of the 4th wave. Then you think the price can return to around 86,000 at the initial stage of the previous rise. Will a high reversal even occur? Welcome to leave different opinions, like and leave a message.
Short
by RonPeter_Trading
GALA Going To 0.29$There’s one zone to buy GALA and HOLD it zone ( 0.03$ - 0.28) target 0.29$ What’s GALA Coin ? —————————————- GALA Coin is the native cryptocurrency of Gala Games, a blockchain-based gaming platform. Gala Games aims to revolutionize the gaming industry by giving players more control over the games they play, including the ability to own in-game assets and influence the development of the games themselves. Here are some key aspects of GALA Coin: 1. Utility in Gala Games Ecosystem: • GALA is used as the primary currency within the Gala Games ecosystem. Players can use GALA to purchase in-game items, NFTs, and other assets in Gala-powered games. • It is also used for governance, allowing holders to vote on decisions related to the development of the platform and its games. 2. Decentralized Gaming: • Gala Games is built on blockchain technology, meaning it allows for true ownership of in-game assets. These assets, such as NFTs (Non-Fungible Tokens), can be bought, sold, or traded on various marketplaces. • Players can earn GALA coins by participating in games or contributing to the network in other ways, such as running nodes or supporting Gala Games’ decentralized ecosystem. 3. Play-to-Earn: • Gala Games is part of the emerging “play-to-earn” (P2E) trend, where players can earn rewards (in GALA or NFTs) through their in-game achievements and participation. 4. Gala Node Network: • Gala Games operates a decentralized node network, where individuals can run nodes to support the infrastructure of the Gala Games platform. Node operators are rewarded with GALA coins for contributing to the network. 5. Games on the Gala Platform: • Gala Games has several titles within its ecosystem, including “TownStar” (a city-building game), “Mirandus” (a fantasy RPG), and others. These games often integrate GALA coins and NFTs for in-game transactions. Overall, GALA Coin serves as a key element in Gala Games’ vision to create a decentralized gaming ecosystem, where players are incentivized to participate and contribute, and have real ownership of their in-game assets.
Long
by MajdAbdolMajeed
NIFTY : Trading Levels and Plan for 24-Dec-2024Plan vs. Actual Performance (23-Dec-2024) - Nifty: In today’s session, Nifty closely followed the levels and zones highlighted in the trading plan: The index opened within the Opening Resistance/Support Zone (No Trade Zone) , as indicated in the plan. Price action remained muted here, showing indecision, aligning with the expectation of limited opportunities in this area. The attempted move towards the Last Intraday Resistance Zone (23,953-24,058) failed, with prices reversing near resistance, confirming the bearish projection (red trend). Later in the session, the index approached the Buyer’s Support Zone (23,194-23,281) . Prices showed signs of stabilization, reflecting the plan's green trend projection for potential reversal or support testing. Key Takeaway: The plan accurately captured the market's reaction to critical levels, reinforcing the importance of patience in the No Trade Zone and the effectiveness of the support/resistance zones for planning entries. This reflects the value of adhering to a well-defined trading framework. This analysis will help us prepare for the trading day on 24-Dec-2024, considering different opening scenarios. Trading Plan for 24-Dec-2024 Gap Up Opening (100+ points above 23,747.20) If the market opens above 23,847.20, it indicates a strong bullish sentiment. The first resistance level to watch is 23,863.00 (Opening Resistance). If the price sustains above this level, the next target is 23,976.00 (Last Intraday Resistance for retracement). In case the price breaks above 23,976.00, the next target is 24,009.00. A sustained move above this level can lead to the Profit Booking zone at 24,128.00. If the price fails to sustain above 23,863.00, look for a potential retracement to 23,739.30. This could indicate a sideways trend (yellow line) or a bearish reversal (red line). Flat Opening (around 23,747.20) A flat opening suggests indecision in the market. The immediate level to watch is 23,739.30. If the price holds above this level, it could indicate a bullish trend (green line) towards 23,863.00. If the price breaks below 23,739.30, the next support level is 23,611.00 (Opening Support Zone at Buyer’s retracement zone). A break below this level could lead to a bearish trend (red line) towards 23,547.00. Monitor the price action around 23,863.00 for potential resistance. A break above this level could lead to targets of 23,976.00 and 24,009.00. Gap Down Opening (100+ points below 23,747.20) A gap down opening below 23,647.20 indicates bearish sentiment. The first support level to watch is 23,611.00. If the price holds above this level, it could indicate a potential retracement (yellow line) towards 23,739.30. If the price breaks below 23,611.00, the next target is 23,547.00. A sustained move below this level could lead to further downside towards 23,447.00. In case of a retracement, monitor the price action around 23,739.30 for potential resistance. A break above this level could lead to targets of 23,863.00 and 23,976.00. Risk Management Tips for Options Trading Always use stop-loss orders to limit potential losses. Avoid over-leveraging your positions; trade within your risk tolerance. Diversify your trades to spread risk across different assets or strategies. Keep an eye on implied volatility, as it can significantly impact options pricing. Regularly review and adjust your trading plan based on market conditions. Summary and Conclusion In summary, the trading plan for 24-Dec-2024 involves monitoring key support and resistance levels based on the opening scenario. By understanding the potential price movements and trends (yellow for sideways, green for bullish, and red for bearish), traders can make informed decisions. Always practice good risk management to protect your capital. Disclaimer : I am not a SEBI registered analyst. This analysis is for educational purposes only and should not be considered as financial advice. Always do your own research before making any trading decisions.
NSE:NIFTYLong
by LiveTradingBox
BTCUSD It's time to dump what you have while it's still profitabWhat to do and where to run to? Friends, don't forget to click like 🚀 under the idea, it's important. Divergence in trading is a multidirectional movement of the price chart and indicator. On the chart, the price of an asset moves in one direction, while the technical indicator that follows it moves in the opposite direction. Divergence warns that the current price trend may weaken and in some cases may lead to a change in price direction. In this case, we observe a double bearish divergence on the 1D timeframe. This is a powerful correction signal. All traders see it, which will logically lead to fixing positions or opening shorts. What will happen next? Two main scenarios now: 1. Sellers are active and as a consequence - local correction and sideways from current values. 2. Sellers are active, but the market maker is pushing prices higher and removing sellers' stops. This will lead to a triple divergence and will further strengthen the selling. As a result - a powerful correction and trading at the lower levels. At the moment, both scenarios have equal priority and the decision will be determined by the balance of power in the moment. The scales of the market maker may tip to either side. 🚀 Trade with the professionals of THS - Wave Theory! 🔹 All trades are based on wave analysis. 🔹 Fixed stop loss and take profit for risk management. 🔹 100% automation: copy trades through CopyFX service. 🔹 Reliability and transparency: the results are confirmed by the market. 📈 Don't miss the chance to earn steadily! 👉 Connect to CopyFX with THS and start copying profitable trades right now! 💡 Details on our channel and in the app!
CRYPTO:BTCUSDShort
by Trade_Hive_Signals
Trading plan for Bitcoin price for Christmas & New Year holidays🎄 Christmas and New Year's holidays are coming up, and we congratulate you on that!) We survived, even earned a little, so thank you for that) Currently, the CRYPTOCAP:BTC price has been stopped on "the verge of a foul", but the holidays will lead to a decrease in business activity and an increase in “manipulative volatility.” So, to follow the behavior of the OKX:BTCUSDT price, subscribe to this idea! A big temptation is to “break the stops” of #Bitcoin, which are hiding below $85k, and an even bigger temptation is to close the GAP on the CME BTC chart in the range of $77-78k. And there are several other options for the development of events by combining the BTC.D and USDT.D indices, but I'm too lazy to write about it yet) ⁉️ But if you are interested in us writing “voluminous reflections”, like at the end of 2022 before the start of super growth with plans for 2023-25, which are working out very well👇 then we need inspiration from you in the form of reactions and comments here and maybe a miracle will happen, the main thing is to believe in it!)
by P_S_trade
4
Daily Analysis of Ethereum – Issue 235The analyst believes that the price of { ETHUSD } will decrease in the next 24 hours. This prediction is based on quantitative analysis of the price trend. Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.
BINANCE:ETHUSDShort
by MoonriseTA
1
GBPCHF Will Go Lower From Resistance! Sell! Please, check our technical outlook for GBPCHF. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 1.128. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.122 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
$AMD: The AI Challenger Closing 2024 Strong Introduction AMD’s 2024 journey has been marked by strong performance in AI and gaming, backed by solid product launches and strategic moves. 📈 As the year ends, AMD’s MI300 series has crossed $5 billion in data center GPU revenue, setting the stage for further growth in 2025. 💡 But is this momentum enough to solidify AMD as a long-term investment opportunity? Let’s explore. 🔍 Key Insights 1. Financial Highlights 💵 Stock Price: $119.21 (+0.28% today). P/E Ratio: 45, showcasing high growth expectations. Revenue Growth: +18% YoY in Q3, driven by data centers and gaming. 🎮 Note: While AMD’s valuation appears stretched compared to historical norms, its forward-looking growth potential justifies a deeper look. 👀 2. AI Market Expansion 🤖 MI300 Series Success: AMD’s data center GPU revenue surpassed $5 billion in 2024, boosted by adoption across cloud providers and enterprises. ☁️ Future Pipeline: The MI325X is set to launch in late 2024, and the MI350 series is planned for 2025. These products aim to strengthen AMD’s position in AI computing. Analysis: The global AI market, projected to reach $1 trillion by 2030 🌍, presents immense growth opportunities. AMD’s investment in AI-focused products and partnerships positions it well to capture a meaningful share of this expanding market. 🚀 3. Gaming and Esports Stability 🎮 Revenue: Gaming contributed $1.5 billion in Q3 (+4% YoY). Growth Drivers: Ryzen CPUs and Radeon GPUs remain popular for gaming rigs, while console upgrades and esports continue to fuel demand. Takeaway: Gaming remains a consistent revenue stream for AMD, complementing its more volatile AI and data center segments. 💻 4. Competitive Positioning ⚔️ Against Nvidia: AMD’s MI300 series competes in performance and adoption but remains a challenger to Nvidia’s dominance. Against Intel: AMD continues to outpace Intel in CPU performance and market share growth, reinforcing its reputation as a reliable competitor. 🏆 5. Undervaluation Potential 📊 AMD trades below key moving averages, suggesting a potential opportunity for long-term investors. Forward P/E could drop to 30 if 2025 earnings grow as projected, aligning with value-focused investment strategies. 📉➡️📈 What’s Next? 🔮 With 2024 closing on a strong note, AMD’s focus shifts to executing its 2025 product launches and capitalizing on AI market growth. Whether you see AMD as undervalued or overvalued depends on your confidence in its ability to sustain this momentum. 🧠 Disclaimer This analysis is for informational purposes only and does not constitute financial advice. Always conduct your own research or consult a professional before making investment decisions. 📢
NASDAQ:AMDLong
by DCAChampion
BTCUSDT, D1 chart, Swing Trade Short Setup👋Hello Traders, Our 🖥️ AI system detected that there is an D1 timeframe ICT Short setup in BTCUSDT for Swing trade. Technically it is clearly that a double top formation and a LG at second top. Our idea: BTCUSDT is going to the extension target to the demand zone marked on the chart. May be a possibility back to the FVG before further down. So we only waiting for Short setup for swing trade and day trade in the coming 2 weeks. For more ideas, you are welcome to visit our profile in tradingview. Have a good day! Please give this post a like if you like this kind of simple idea, your feedback will bring our signal to next better level, thanks for support!
Short
by ICT_Trader_SB
BTC turns down from high position BTC is still in a five-wave downward structure, and the overall trend is bearish. Since yesterday, it has been in a weak adjustment stage in the short term, and the price fluctuation has significantly weakened. 92000 below is still a strong support level. If it falls below this position, it may pull back to the starting area of ​​the previous rise, further confirming the bearish trend. In the short term, the 4-wave low point above forms a strong suppression. If the price fails to break through this resistance, the short-term idea is still dominant. If you have not entered the market yet, you can consider looking for short-selling opportunities in the rebound of the 95000-95600 range, and the stop loss is set near 97000. The downside targets are TP92000, TP88000 and TP86000 respectively. In general, although the short-term price fluctuation has decreased, the weak adjustment trend has not changed. It is still necessary to pay attention to the performance of key support levels. Breaking through these supports may accelerate the callback process. If you have different opinions, please leave your views. Like and leave a message. Thank you for your support!
Short
by RonPeter_Trading
Google - Catch The 2025 Bullrun Now!Google ( NASDAQ:GOOGL ) is preparing for a strong year 2025: Click chart above to see the detailed analysis👆🏻 So many confluences on Google are pointing to a strong year of 2025. First of all we have the resistance trendline breakout which we saw a couple of months ago and bears were also not able to significantly push price lower after we saw the retest of resistance. This is soo bullish. Levels to watch: $220 Keep your long term vision, Philip (BasicTrading)
NASDAQ:GOOGLLong
by basictradingtv
9