Wave Analysis
Cronos (CRO) - Bullish Swing - ResurectionCOINBASE:CROUSD been mostly #Bearish, but things are about to change.
Eventually it found its bottoms.
That's when I loaded #Longs around the 6 and 7 Cents Levels.
Eventually I took profit on the #HODL #Trades at 19 Cents a pop.
* all well documented in the related idea.
What's Next for OKX:CROUSDT ?
As the #BreakOut is now confirmed, a #Bullish Swing is about to start.
That would be the #ElliottWave #Impulse (#MotiveWave).
#AltSeason has started, and MARKETSCOM:BITCOIN is adding fuel.
#AltCoins will most likely get pushed by the #BitcoinDominance ( CRYPTOCAP:BTC.D ) #Retracement.
#TotalMarketCap ( CRYPTOCAP:TOTAL3 & CRYPTOCAP:OTHERS ) are also showing signs of new #ATH coming.
COINBASE:CROUSDC #TechnicalAnalysis
- #ElliottWave A-B-C Sequence
- Primary ⓒ (white) #Impulse
- #Fibonacci Time Zones
- #Fibonacci Retracements Confluence
- #Cypher #Harmonic
My #Long Levels On COINBASE:CROUSD
HODL:
- Entry @ 14 Cents
- TP1 @ 40 Cents
- TP2 @ 60 Cents
#Futures ( CRYPTOCOM:CROUSD.P )
- Moderate Entry @ 14 Cents
- Conservative Entry @ 10 Cents
- TP1 @ 40 Cents
- TP2 @ 60 Cents
LITECOIN - Sell Idea (Short-term)The failure the crack the key-level resistance of $128.10, followed by the breakdown below the key-level support at $122.70 is a strong indication that price action will continue on this downside path, at least for the short-term period of time. The next significant key-level support at $116.75 represents our short-term profit target for this new bearish campaign.
How Far ADA (Cardano) Can Make??
We've enjoyed awesome rally in November 24 in #ada. But After then CRYPTOCAP:ADA is forming a falling wedge Pattern.
This falling wedge's breakout can make #adausdt to rally upto 2$. Also with micro elliott wave count, wave 3 also aligns with wedge target.
Although by macro wave count, we can see #ada rallying upto 2.4-2.6$ region in upcoming #altseason.
US10YU.S. 10-Year Bond Analysis – Short-Term Dip, Long-Term Rise
Trump's tariff strategy isn't just about trade; it's also a tool to pressure the Fed into lowering interest rates. He frequently emphasizes the need for lower rates, aiming to weaken the dollar and stimulate economic growth.
In the short term, this pressure could push bond yields lower. However, in the bigger picture, other macroeconomic forces suggest a longer-term uptrend.
For now, I see a temporary bearish move with two possible scenarios:
Plan A (More Likely): A drop confirmed by breaking 4.59, targeting 4.41, followed by a rebound towards 4.86 and 4.94.
Plan B: A corrective dip from around 4.71.
Despite short-term weakness, the broader trend remains bullish.
"High-precision analysis, amazing results!"
Brent Oil - Correction in progressTrend : Uptrend
Current Wave : Wave 1 to Wave 2.
Note: If wave 1 completed, we want to see a retracement wave ABC/WXY/. I don’t which one will happen.
Plan : I want to see a reversal of wave A before join the wave to wave B and join the wave to wave C when reversal can be seen at wave B. Finally join the wave from wave 2 to wave 3.
This is my point of view only. Not a recommendation to buy or sell. Do your own TA for confirmation.
TAYOR.
Dogecoin ABC correction entering final phaseI made a fresh clean chart for you to see the obvious.
1 Fibonacci Retracement of the 5th wave from 8 cent to 48.5 cent
2 Fibonacci Retracement from the bottom wick of the A wave to the top wick of the B wave
3 Date & Price Range measuring the A wave and one for the expected C wave both showing us -46% & 12 days
4 Orange Trendline you have seen also in the previous which sits on the top of the 3rd wave.
5 Green Trendlines x4
6 Notice the volume to the left we have a nice green volume when we pumped the 5th wave and to the right we have a nice red volume increasing
7 VWAP indicator also confirming our targets are legit!
Conclusion:
If we drop from here exactly the 46% like we did on the A wave we will perfectly hit our targets between the 0.618 of wave 5 and the 1.272 of the B wave plus support from the Orange Trendline
The last drop lasted 12 days and if the next one should also last around 12 days then time is running out and it might drop in the next 5 days before the upcoming monthly close and might be already finding bottom by then.
We most likely have some reactions on the way down when we reach the 0.786 also green line and the 1 Fib.
If you have not see the previous Idea (Editor Pick) please have a look at it here:
USD JPY Monthly Prospective Analysis up to 2060I updated my previous idea so that it can be more specific in detail. This is the idea combined with elliott wave theory(I forgot to mention in the previous upload, but, in my chart, the number 2 wave corresponds to the 3 in the elliott and the 3 to the 5. The number 1 wave is the same as the 1 in the elliott). Up to 2027 the trend is down, bounced at around 98 and then going up all the way to reach around 170 (maybe does not reach 200 yen this time, that would be accomplished more than about 50 years later). Hope to live long to see if its correct!
GBPUSD Is Very Bearish! Sell!
Here is our detailed technical review for GBPUSD.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 1.247.
Considering the today's price action, probabilities will be high to see a movement to 1.240.
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!
DOGE Analysis: Unpacking Liquidity & the Battle at Support👀 👉 In this video, we take an in-depth look at Dogecoin (DOGE) paired with USDT. We analyze the trend, market structure, price action, key support and resistance levels, and the role liquidity plays in the markets. Currently, DOGE is trading at a significant support level. On the daily timeframe, there's a case for higher highs and higher lows, while the weekly chart shows bearish pressure over the past week. The big question is: where does it go next? We unpack it all in this video. This is not financial advice.
Moodeng Buy/Long Setup (8H)From where we placed the red flash on the chart, it seems that a deep correction for MOODENG has started.
It appears that a diametric is in the process of completion, and we are at the end of wave G of this diametric.
As long as the SWAP range is maintained, the price could move toward the targets.
A closing of an 8-hour candle below the invalidation level would invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
WOO/USDT: Stop Buy Order Set > Watching for BreakoutHey traders,
Here's a quick look at a potential BINANCE:WOOUSDT long setup I'm watching.
Following a dip to $0.1700, WOO seems to have found support and is potentially gearing up for a move higher.
>>I've set a stop buy order just above $0.1780 to enter if it breaks out.<<
Good luck out there!
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. I am not a financial advisor. Trading cryptocurrencies involves significant risk, and you could lose some or all of your investment. Conduct your own research and due diligence before making any trading decisions. Past performance is not indicative of future results.
NIFTY: Trading levels and Plan for 27-Jan-2025📈 NIFTY 50 Trading Plan for 27-Jan-2025 📈
📊 Key Levels to Watch:
Opening Support Zone: 23,055-23,161
Intraday Resistance Zone: 23,178-23,284
Last Intraday Resistance: 23,405-23,442
Final Profit Booking Zone: 23,540
Buyer’s Strong Support Zone: 22,867-22,762
🌟 Scenario 1: Gap-Up Opening (100+ points above 23,178) 🌟
If NIFTY opens significantly above 23,178:
✅ Wait for Retest: Avoid rushing into trades after a gap-up. Allow the index to retest the 23,178-23,161 support zone for confirmation of strength.
📈 Action Plan: If a bullish candle forms during the retest, initiate a long trade targeting 23,284 initially and extend to 23,405-23,442 . Keep a stop-loss below 23,150.
🚫 Caution Zone: If the index stalls near 23,405-23,442, it might indicate profit booking. Avoid fresh longs in this area unless there’s a breakout above 23,442.
💡 Pro Tip: Use a bull call spread strategy to capture the upside while managing risk effectively.
🚨 Risk Note: Avoid over-leveraging after a significant gap-up. Monitor the price action closely.
🔄 Scenario 2: Flat Opening (Near 23,090) 🔄
If NIFTY opens flat or within the No Trade Zone: 23,055-23,161:
⚪ Avoid Immediate Trades: This range is a no-trade zone due to indecision. Wait for a breakout above 23,178 or a breakdown below 23,055.
🔼 Breakout Strategy: If the price breaks above 23,178, go long targeting 23,284 and extend to 23,405. Use a stop-loss below 23,150.
🔽 Breakdown Strategy: If the index drops below 23,055, short trades can be initiated targeting 22,867-22,762. Maintain a stop-loss above 23,100.
💡 Pro Tip: Use a trailing stop-loss to lock in profits during trending moves.
🚦 Options Strategy: Consider selling straddles near the no-trade zone to take advantage of time decay, but hedge positions to avoid unlimited risk.
🌧️ Scenario 3: Gap-Down Opening (100+ points below 23,055) 🌧️
If NIFTY opens below 23,055:
📉 Focus on Buyer’s Support Zone: The 22,867-22,762 zone is critical for potential reversals. Look for bullish price action in this area.
✅ Action Plan: If a reversal pattern (e.g., hammer or bullish engulfing) forms near 22,867, enter long trades targeting 23,055. Use a stop-loss below 22,740.
🔥 Aggressive Selling Levels: If the price sustains below 22,762, further downside to 22,700 or lower is possible. Initiate shorts with tight risk management.
⚠️ Avoid Overtrading: Gap-down scenarios can be volatile. Wait for clear patterns and don’t rush into trades.
💡 Pro Tip: Use long straddle strategies to benefit from increased volatility in gap-down scenarios.
🛡️ Risk Management Tips 💡:
🔥 Never risk more than 2% of your capital on a single trade.
🎯 Stick to stop-loss levels and avoid emotional trading.
📈 Use option strategies (e.g., spreads, straddles) to limit risk in uncertain market conditions.
🧘 Stay patient. Avoid forcing trades if setups don’t align with your plan.
📝 Summary & Conclusion:
Key Zones to Watch: 23,055 (support) and 23,178 (resistance).
Gap-ups favor longs above 23,178 ; gap-downs focus on support zones like 22,867 .
Strictly adhere to risk management principles.
Use options wisely to hedge your positions and reduce exposure to volatility.
⚠️ Disclaimer:
I am not a SEBI-registered analyst . All views shared are for educational purposes only. Please consult your financial advisor before making any trading decisions.
BANKNIFTY : Trading levels and Plan for 27-Jan-2025🚀 BANKNIFTY Trading Plan for 27-Jan-2025 🚀
📊 Key Levels to Watch:
Opening Support: 48,272
Initial Support Zone: 47,802-47,962
Must-Try Zone for Buyers: 47,208-47,358
Opening Resistance: 48,482-48,520
Last Intraday Resistance: 48,772
Profit Booking/Sideways Zone: 49,008-49,092
🌟 Scenario 1: Gap-Up Opening (200+ points above 48,520) 🌟
If BANKNIFTY opens significantly above 48,520:
✅ Wait for Retest: Avoid chasing the price immediately. Let the index retest the 48,520-48,482 zone.
📈 Action Plan: If a bullish reversal pattern forms at the retest, initiate a long trade targeting 48,772 and 49,008 . Maintain a stop-loss below 48,450.
⚠️ Avoid Overtrading: If the price consolidates above 49,008 without strong momentum, it’s likely entering a sideways zone (profit booking). Avoid initiating new longs in this zone.
💡 Pro Tip: Use option spreads (e.g., bull call spreads) to manage risk and minimize losses in case of reversals.
🔄 Scenario 2: Flat Opening (Near 48,349) 🔄
If BANKNIFTY opens near the current level:
⚪ No Trade Zone: The range 48,349-48,482 is a no-trade zone. Wait for a clear breakout or breakdown.
🔼 Breakout Strategy: If the price breaks above 48,482 , enter a long trade targeting 48,772 and 49,008 . Place a stop-loss below 48,350.
🔽 Breakdown Strategy: If the index slips below 48,272 , initiate a short trade targeting 47,802-47,962 . Use a stop-loss above 48,350.
💡 Pro Tip: Use a trailing stop-loss to lock in profits during strong directional moves.
🌧️ Scenario 3: Gap-Down Opening (200+ points below 48,272) 🌧️
If BANKNIFTY opens below 48,272:
📉 Watch Initial Support: Look for bullish activity around 47,802-47,962 . If the price holds this zone, consider buying with a target of 48,272 . Place a stop-loss below 47,780.
🔥 Must-Try Zone for Buyers: If the price slips to 47,208-47,358 , this is a high-probability reversal zone. Enter longs with strict risk management, targeting 47,802 . Stop-loss below 47,200.
⚠️ Avoid Weak Trends: If no clear reversal pattern forms in these zones, avoid taking trades and wait for better clarity.
💡 Pro Tip: For gap-down scenarios, consider short straddle or strangle strategies to capitalize on increased volatility.
🛡️ Risk Management Tips 💡:
🔥 Never risk more than 2% of your capital on a single trade.
🎯 Use option spreads to limit risk and reduce premium decay.
🚦 Trade only within defined levels and avoid overleveraging.
🌍 Keep an eye on global markets and macroeconomic news before entering trades.
📝 Summary & Conclusion:
Key Levels: 48,272 (support) and 48,482 (resistance).
Gap-up openings favor long trades above 48,520 ; gap-downs focus on supports like 47,802 .
Strictly adhere to risk management principles.
⚠️ Disclaimer:
I am not a SEBI-registered analyst . All views shared are for educational purposes only. Please consult your financial advisor before making any trading decisions.
JUP Eyeing Resistance Break: What Could Happen Next...?JUPITER has broken through the short-term resistance level of $1.1850 and is attempting to maintain its position above this mark. However, the breakout occurred with a single major candlestick, making it difficult to predict whether it will sustain this breakout. At this point, it's important to wait for further price action. If you don't want to miss out on potential gains from a major breakout like this, consider entering a long position once the price breaks above the $1.2500 level. Be sure to keep your stop-losses tight, as the market is somewhat volatile at this stage.