Can Bitcoin Rally with Current Positioning? Bitcoin is not a market that I trade as part of the CMR strategy since there is not enough history to back test max crowdedness and what the best look back period to index trader positioning (If you want to learn more about this strategy, we have lots of free videos on YouTube).
With that said, during Bitcoin's entire history on the Futures market (started at end of 2017), it has never been able to rally when Large Speculators were net-long as shown in the chart. In contrast, the last two rallies happened after Large Speculators were extended to the short side.
Something to watch for each week as new COT data is released on Fridays and shows updated positioning data.
Beyond Technical Analysis
Bitcoin - Complete plan for February (125K soon)Bitcoin's price action is currently extremely bullish because the price broke out of the falling wedge pattern and 2x successfully retested it! There is really nothing bad about the price action, so we can expect higher prices in the coming days and weeks.
On the chart we can see 3 strong levels that you can use for your trading decisions. The first level is at 105,544 USDT (0.382 FIB and POC of the symmetrical triangle). This level will most likely be tested in the near future after a breakout. That means Bitcoin can pump to 110k and then come back and retest this level before continuing higher. The second level is 110,342 USD. This level is also very strong because it's the 0.618 FIB extension from wave 1 to wave 2. It's also above the previous all-time high, so we can expect a liquidity sweep above this swing high and then a short-term downtrend. The third level is at 118,109 USDT. This is also a significant level because we have a 1:1 FIB extension, and you may know that Bitcoin reacts pretty reliably to this extension. It's one of the best.
From the Elliott Wave perspective, the price action is also bullish. We have just finished the ABC correction with a 1:1 FIB extension, and we have started impulse wave 3. This wave 3 could end at the 1:1 FIB extension as well, but we need to wait for chart patterns, trendlines, and potentially RSI bearish divergence.
This is my primary plan for the next days and weeks. The secondary plan is that the ABC correction (wave 2) has not been completed, and it can transform into a WXYXZ triple three corrective wave.
Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
Gold Price Analysis: Bullish Reversal After Key Level Hunthello guys!
Gold recently broke out of a rising channel and experienced a sharp decline, hunting liquidity and touching a key flip area. This level acted as strong support, triggering a rebound.
Now, the price is attempting to form a higher low, and two bullish scenarios are in play:
A direct bounce from the current level leads to a retest of the 2,768 resistance.
A deeper pullback into the liquidity zone before pushing back up to the same resistance.
A break above 2,768 would confirm bullish continuation.
Trump's Meme Coin: Fantasy or Future of Digital Currency?Hello and greetings to all the crypto enthusiasts, ✌
Reading this educational material will require approximately 10 minutes of your time. For your convenience, I have summarized the key points in 10 concise lines at the end. I trust this information will prove to be insightful and valuable in enhancing your understanding of OFFICIAL TRUMP and its role in the global financial landscape.
Personal Insight & Technical Analysis of Trump Coin (TRUMP)
Individuals involved in financial markets, particularly in the realm of cryptocurrencies, are typically well-versed in the extreme and often unpredictable volatility that characterizes these markets. This volatility is especially pronounced in the world of meme coins, which are highly speculative assets tied to specific narratives, personalities, or movements. These coins are frequently associated with influential individuals or certain ideological concepts, and their prices fluctuate wildly depending on the sentiment and behavior of their supporters.
Such markets are inherently high-risk and subject to rapid price swings, driven more by emotion, speculation, and social media influence than traditional financial metrics. In this volatile environment, investors often chase short-term gains, yet the dangers of FOMO (Fear of Missing Out) and impulsive decision-making can lead to significant losses. With this backdrop, it is critical to examine what might happen to the price of a particular meme coin and its investors over the coming months. I will illustrate this scenario with two distinct examples, providing an in-depth exploration of the underlying dynamics.
To provide context and clarity, let us start by considering an old proverb: "A fire that rises swiftly, reaches the sky, and burns brightly will just as quickly burn out once its fuel is consumed." This metaphor is directly applicable to the meteoric rise of certain meme coins in the cryptocurrency space, which, while experiencing explosive growth in a short period, are often prone to rapid declines as their speculative fuel runs out. The unsustainable trading volumes observed during these sudden price surges may seem exciting at first, but they often raise questions about the underlying stability and long-term prospects of such assets.
For those who jumped into meme coin markets at their peak, the consequences can be devastating. Many are left with significant losses, as the market quickly corrects itself. The cryptocurrency space, in particular, is known for its volatility and unforgiving nature, and it often reveals harsh realities to those who harbor dreams of becoming instant millionaires. In this environment, the fear of further losses drives many investors to sell their positions, often at a loss, further driving down prices. As a result, I predict that the price of certain meme coins will continue to decline in the short term as fearful investors liquidate their holdings, ultimately selling to the more experienced players or market "whales" who have the capital and expertise to capitalize on these fluctuations.
However, there is another perspective to consider. In certain instances, after a significant decline, a bullish trend may emerge. This scenario is particularly relevant when influential individuals such as Donald Trump or Elon Musk become involved in promoting or backing a cryptocurrency or meme coin. Both Trump and Musk have demonstrated an uncanny ability to influence financial markets, including the cryptocurrency space, with their public statements and actions. Their influence is far-reaching, and it is unlikely that they would let their associated meme coins languish in failure, especially as they continue to maintain their prominent positions in the public eye. After a correction, it is plausible to expect a recovery in the value of such coins, driven by renewed interest, media attention, and market sentiment.
However , this analysis should be seen as a personal viewpoint, not as financial advice, and it’s important to be aware of the high risks that come with investing in meme coins and that being said, please take note of the disclaimer section at the bottom of each post provided by the
How to Buy Trump Coin (TRUMP)
To acquire Trump Coin (TRUMP), you must first sign up on a cryptocurrency exchange that supports it. Look for a platform with strong security features, such as two-factor authentication and data encryption, to ensure the safety of your investments. Additionally, consider the transaction fees, as these can eat into your profits. The exchange should also be user-friendly and offer an easy interface for smooth trading. To make the best choice, reading reviews and feedback from other users is essential for selecting a trustworthy platform.
The Trump Coin (TRUMP) Phenomenon
One of the most notable developments in the meme coin space in recent times has been the introduction of Trump Coin (TRUMP), a cryptocurrency launched by none other than former U.S. President Donald Trump. As one of the most polarizing and influential figures in modern political history, Trump’s foray into the world of meme coins has captured the attention of both his supporters and critics alike.
Trump Coin (officially branded as OFFICIAL TRUMP), as its name suggests, is a digital asset exclusively associated with Donald Trump. The coin was introduced in celebration of his political comeback, following his electoral victory. Trump himself referred to the creation of his coin as "the most memorable meme of the century," signaling the high level of attention and excitement surrounding its launch.
When the tweet announcing the release of Trump Coin was first shared, some onlookers initially believed Trump’s personal social media account had been compromised. However, it quickly became clear that Trump had indeed launched his own cryptocurrency, marking a historic moment in the world of digital assets. Trump Coin, denoted by the trading symbol TRUMP, was introduced with a call for users to purchase the coin and join the community of supporters celebrating his political triumph.
The initial response to Trump Coin was overwhelming. Within a matter of hours, the coin's value surged by more than 300%, and its market capitalization surpassed $6 million. This rapid price appreciation demonstrates the power of media influence and public sentiment in driving the success of meme coins, particularly when they are tied to high-profile figures like Donald Trump.
Trump Coin, in many ways, tells a story of resilience and defiance. It represents a leader who refuses to be defeated, even in the face of adversity. The coin also alludes to the 2024 incident when Trump was shot at but, with clenched fists, refused to surrender and shouted the word "FIGHT." This moment of defiance has been immortalized in the Trump Coin, symbolizing strength, perseverance, and an unyielding will to succeed.
The Mechanics of Trump Coin (TRUMP)
Trump Coin (TRUMP) is built on the Solana blockchain, a high-performance blockchain known for its speed and low transaction fees. Despite the coin’s association with a prominent political figure, it is important to note that Trump Coin has no official ties to political campaigns, government offices, or any public institutions. It is purely a digital asset created for entertainment and speculative purposes.
The total supply of Trump Coin is set to reach 1 billion TRUMP tokens over the next three years. The distribution plan for the coin is as follows, with the majority of the tokens allocated to groups affiliated with Trump’s team and organization:
36% of tokens allocated to Group 1 (Creators)
18% allocated to Group 2 (Creators)
18% allocated to Group 3 (Creators)
10% allocated for liquidity
10% allocated for public sale
2% allocated to Group 4 (Creators)
2% allocated to Group 5 (Creators)
This structured distribution ensures that key stakeholders in the creation and promotion of Trump Coin are well-compensated, while also allowing for public participation in the coin’s success.
🧨 Our team's main opinion is: 🧨
Most traders in financial markets are aware of the extreme volatility, especially with meme coins, which can skyrocket due to hype around a person or trend. These coins often fluctuate wildly, causing both huge gains and losses. Trump Coin (TRUMP), created by former U.S. President Donald Trump, is one such meme coin that gained attention after his victory announcement, surging over 300% in value within hours. However, meme coins are risky, and many investors may face significant losses if the hype fades. Trump Coin is built on the Solana blockchain, with its total supply set to reach 1 billion tokens over three years. While its value may rise again due to Trump's influence, it's important to approach these markets with caution. Always research before diving in, as meme coins are highly speculative.
Give me some energy !!
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Cheers, Mad Whale. 🐋
ETHUSDT; Will we see 2400 again ?Hello traders, hope you're doing great.
for upcoming days, I expect an upward correction to 3600- 3750 level and after that a downward movement in this pair, we also have liquidity below 2920 that increases our theory. Remember that today we also have FOMC meeting and can cause volatility in market .
And finally tell me what are your thoughts about ETHUSDT; UP or DOWN ? comment your opinion below this post.
Bitcoin - Crash to 50k in 2026! (Best cycles analysis)In this very detailed and unique analysis, we will look at the most important Bitcoin fundamental analysis of halving cycles. I predict Bitcoin will crash to 50k in 2026, so if you are buying now for the long term as an investment (buy and hold), you can probably wait for a better price!
Statistically, Bitcoin crashes every 4 years by 86% to 77%. The market cap is getting bigger as institutions stepping in, so this time I expect a weaker crash (around 65%). Still, it's a huge crash, and many investors will sell at a loss as usual. Knowledge of the Bitcoin cycles will save you a lot of money.
We are in the final stage of the bullish cycle, and this cycle should end between February and November 2025. When you draw a trendline on the linear monthly chart, you will get a target of around 125,000 USD. This is a good level to sell Bitcoin. I would never listen to moon boys that are screaming that Bitcoin will never go down and Bitcoin will reach 500k or 1M in the next months. That's due to an already big market cap, pretty much impossible. After we finish this bull cycle, we can expect a massive crash to 50k in 2026. For people who are prepared, this may be an incredible investment opportunity. Also, you can short Bitcoin at the top and ride the investment in the opposite direction, plus you will make money on funding fees every 8 hours.
Bitcoin halving is coded to occur once every 210,000 blocks, or roughly every four years, and will continue in this fashion until the final supply of 21 million BTC is reached. It is assumed that the last BTC will be mined in 2140. After that, transaction fees are supposed to be the only source of block rewards for miners.
Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
Silver/Gold Ratio signals Lower Interest Rates AheadWhen OANDA:XAGUSD (Silver) does well relative to OANDA:XAUUSD (Gold), it means the economy is strong and interest rates tend to rise when that happens. The opposite is also true. When Silver is weak relative to Gold, interest rates tend to fall.
See how it works historically? The 1997 drop in rates when the silver/gold ratio shot up is the rare exception
Why does it work? Silver is an economic metal used in industry and gold is a precious metal which used to be used for technology in the 1970's.
Well - it shows now that rates should be going down because the economy is flat, weak or recessionary. However you want to label it, the economy can afford lower interest rates.
This LONG TERM indicator has worked quite well and deserves to be on your list of indicators to track the likely path of interest rates. OF COURSE, the more important factor is WHO is at the head of the Fed.
Lower rates would make sense especially if the profligate Government spending machine slows down its aggressive spending. The global war on covid didn't help and the clear message that the market is telling us is that we needed to slow down the price hikes but we now have a US Gov't deeply in debt and struggling to be able to justify lower rates.
Here's to clarity on the future moves by the Fed, which if you were just looking at this indicator you would be cutting rates steadily for the foreseeable future.
Cheers,
Tim
11:47AM EST January 28, 2025
DXY Dollar Index Ahead of Key Central Bank DecisionsDXY Dollar Index Ahead of Key Central Bank Decisions
The DXY Dollar Index has experienced a pullback over the past two weeks after reaching a multi-year high. Currently the index stands at 107.90, down by over 2% from its highest level this month
Major key events influencing the index:
Central Bank Decisions:
Focus is on interest rate decisions from key central banks, including the Bank of Canada, the Federal Reserve and European Central Bank (ECB). The ECB is expected to cut rates by 0.25%, BOC is expected to cut rates by 0.25%, while the Federal Reserve is anticipated to maintain high interest rates on hold today.
The recent US economic data showed a rise in the Consumer Price Index (CPI) and a strengthening labor market. The Federal Reserve's decision to maintain a wait-and-see approach amid rising inflation trends has caused the US dollar show some weakness.
Key Levels to Watch:
Support Levels: 106.80 and 106.0.
Resistance Levels: 108.50 and 109.40.
You can share your opinion below!
Thank you:)
How To Become A Millionaire In 2025If we weren't expecting a sideways market then a sideways market would be a surprise. If the market catches us by surprise, we wouldn't know what to expect next.
We were expecting a sideways market at this time for a long time, we saw this coming since around October-November 2024 based on Astrology. This prediction is now confirmed.
Since we were expecting a sideways market and the market is sideways, we can trust that our map is good. No other system predicted Bitcoin going sideways from December 2024 through late February 2025, only this system. Since it has proven true, so far, we can continue to use it while it continues to work.
Knowing this, we won't be surprised to see another 25 days of the market producing the same patterns of up and down within an already pre-defined range.
How to make the most of this information?
Something practical, how to make money out of the fact that we already know the market will be ultra-bullish in March 2025 and beyond?
Develop a buy-strategy, an accumulation strategy starting now until the start of the next bullish wave.
When the next impulse starts, hit the gas and go all-in.
When we are getting close the top, start to take profits and that's it.
To make money out of this information, we just need to be in buy and accumulation mode.
We know we are bullish after February 2025, in March 2025 and beyond.
This is the last chance to buy at great prices.
Thanks a lot for your continued support.
What would you do if you knew the Altcoins market was about to grow by 20X?
If you were certain, what would you? How would you act now?
Consider the answer to these question.
Meditate on it.
Do some visualization.
There is nothing to lose. There is much to be gained.
Namaste.
Euro / U.S. Dollar
Hello and greetings to dear traders and esteemed companions,
The updated chart of Euro, which is in an upward trend, has touched a short-term ceiling in the daily timeframe, and we are currently in a short-term downward phase. In the 4-hour timeframe, I have not obtained any specific information; however, through analyzing the 1-hour timeframe, I identified a Secret Order Block. If Euro enters this area and provides a bullish confirmation on the 5-minute timeframe, we can place an excellent buy order and witness a new ceiling in this structure that I have drawn. This movement has a very good Reward.
I have also specified the previous structure, and if this important Secret Order Block breaks and fails to provide us with enough liquidity for the BOS (Break of Structure), I will update the new position and the revised chart and will share it here.
Thank you for your cooperation!
Fundamental Analysis
In the past week, the performance of Euro has been influenced by various factors that have kept the Euro in an upward phase. Given the positive economic data from the Eurozone and the overall improvement in the macroeconomic outlook, it is expected that after a temporary correction, Euro will once again begin a downward trend.
Recent analyses from economists and reputable traders indicate the following factors that have contributed to the improvement of the Euro's status:
Positive Economic Data: Recent reports indicate growth in industrial production and an increase in employment in the Eurozone.
Political and Economic Decisions: It is expected that the European Central Bank's expansionary policies will continue to support the Euro.
These analyses have been sourced from credible news outlets such as Bloomberg and the opinions of the renowned trader Peter Brandt, and traders are advised to wait for appropriate opportunities to enter the market.
Wishing you all the success!
Fereydoon Bahrami
"A retail trader in the Wall Street trading Center (Forex)."
2025 S&P500 Forecast Guess by Tim WestI included 2024's guess that I posted here in January last year which turned out to be quite accurate in terms of "action" and "direction". The volatility the market saw with wild swings back and forth was outlined on here as we reached the clusters of guesses from Wall Street estimates.
This is an old technique that I learned from Ken Fisher of Fisher Investments and from Forbes Magazine. His wise and witty insights were the foundation of my investment strategy when I started investing in the mid 1980's.
Basically, when you see what the "market expectations" are for a market like the FOREXCOM:SPX500 or S&P500 Index, you can then figure out what needs to happen to get the market to their estimates and realize the market will go to somewhere else other than their guesses.
With 2024 showing a majority of "less than historical average" forecasts and more downside forecasts, it was quite clear that the market could easily outpace or outperform those forecasts.
Now that 2025 shows that analysts are looking for an average year or more, I think it is safe to say that we won't get an average year.
We now have a rising US dollar, which hurts overseas earnings. We also have higher energy prices which also hurts earnings. And yet we have plenty of cash on the sidelines as everyone who missed the rally is hoping to buy on a decline and others are just happy to earn 5% on their cash balances thanks to an ultra-tight Fed (compared to the last 20 years).
So, I expect more of the same that we have seen in January and I also expect sharp declines if we get any moves above the highs and up towards 6500 on the SPX.
SHORT SILVER (XAGUSD) Based on Trend Exhaustion & Mean ReversionThe line-work pretty much spells it out ...
Not shown are the pitchforks that generated some of the trendlines. The Resistance/Support Channel is derived from the same. The AVWAP establishes the "horizontal" (i.e. "momentary) component of the range, while the diagonals establish the "arguably more reliable"trading range. The anchored Volume Profile lends further corroboration.
FOMC - Can Gold Return to ATH 2789?⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) struggles to extend its previous gains, fluctuating above $2,760 during the Asian session on Wednesday. Improved stability in equity markets limits demand for the safe-haven metal.
However, a renewed decline in US Treasury yields and expectations of further Federal Reserve (Fed) rate cuts this year restrain the US Dollar’s recovery from a one-month low. Additionally, uncertainty surrounding US President Donald Trump’s tariff policies provides support for gold.
⭐️Personal comments NOVA:
Gold price recovers - market is positive again after a short correction. FOMC important information for the market to continue to be positive or not
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2787 - $2789 SL $2794
TP1: $2780
TP2: $2770
TP3: $2760
🔥BUY GOLD zone: $2716 - $2718 SL $2711
TP1: $2725
TP2: $2732
TP3: $2740
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
I gave up on trading EUR/USD. Here is whyToday I was about to violate my trading plan because of being unable to recognize when I didn't understand what price action was doing.
My trading plan stipulates that I can only trade when Higher timeframes (1D, 1W, 1M) are in alignment with lower timeframes (H4, H1, M15)
If they're not in alignment, my strategy doesn't work. I have no way of predicting price movements and knowing I'll most probably be right.
Today this alignment was not present, yet, because I subconsciously wanted my market analysis to be right, I failed to acknowledge this misalignment and tried to come up with trade ideas.
Price action kept on invalidating my trade ideas as I prepared them, and I found myself looking for new ideas.
"Since this entry scenario is now invalidated, maybe price will do this instead and I will look to enter after this scenario is confirmed"
"This scenario failed, instead of looking to buy EUR/USD today, I might look to sell instead after price rejects this level"
"Since price failed to reject this level, maybe it will reject this other level and I will look to sell there"
You get the point.
I was unable to make strong cases, my cases kept on being invalidated and I kept coming up with new ones on the go! Sort of chasing a rabbit.
Don't do this.
For example, understanding when a 1H bearish trend is a Daily timeframe pullback from a Bullish trend and having an expected level where that 1h trend and Daily pullback is likely to find support and reverse, continuing the main trend.
This stops me from entering long trades and losing because although the Daily timeframe is bullish the lower timeframes are still trending bearish which indicate the pullback is not yet finished. or from taking 1H short trades past the daily pullback target just because I saw a 1H bearish trend, failing to realize that trend might be reaching its end.
If However price pulls back past my target level, and the lower timeframe trend continues pulling back even though the Higher timeframe is supposedly bullish, then If I don't have a logical pull back target — I am effectively neutral.
In other words, I do not understand what price is doing at that point in time. It's time to step back and wait for a new development that I can understand occurs.
What happens when I am either overconfident or eager to trade is that I can get into my own head and fail to realize I'm in unknown territory.
This failure led me to keep trying to establish trade scenarios that of course kept getting invalidated because I do not know how to make prediction in such market conditions — My timeframes were not aligned.
I was able to realize this and adjust my behavior.
However, what often happens is you fail to realize this, you come up with a trade idea, and you take the trade and it ends up being a loss — Caught up on the wrong side of the market.
Or even worse, 2 or 3 trades work out, and the trader believes their strategy is good. Then get caught in a 10% drawdown because of acting on the same patterns.
My point is, that it's important to be able to recognize when market conditions fall outside the scope of your strategy and its edge — Recognize when the market is in a cycle where you don't understand how to trade profitably — and be able to sit out and say I don't know.
Don't try to find trends in the middle of price ranges.
The number one job of a trader is to Protect Capital in order to have available capital to allocate to profitable market opportunities.
Trading outside the scope of your strategy and its edge is failing to protect the capital — It's like trying to Play Soccer with a Basketball, the shots, the passes, the tricks might work here and there, but will usually come out faulty.
In my specific case, I began the week with a bullish view for EUR/USD from the daily timeframe, but the lower timeframes, where I execute and manage trades, have been in a bullish trend since Monday NY Session, So since I couldn't find long opportunities, I started looking for short opportunities, even though I had no clear rationale that aligned with the higher timeframes. My scenarios and ideas kept failing, and I kept coming up with new ones, until I became aware of the pattern due to writing down my analysis and process and realizing I actually did not understand the current stage of price action.
That's where the importance of a well-documented trading plan alongside a journal for analysis comes in.
A journal isn't just to record trades. It's also to develop your rationale and ensure you can clearly explain the why behind your actions which can then be cross-examined with the trading plan.
I have established clear rules for when to stay out of the market and sit on my hands. If timeframes are not aligned and moving in synch, I stay out — It's a non-negotiable.
Of course this is specific to each strategy, but every strategy must have an underlying trading plan with its non negotiables.
EURUSD: First red day into the new weekHello traders and welcome back to my channel, as always don't forget to support my work with a like and comment, and follow me for more updates and markets templates!
I always repeat it in every post I share, my analysis are not a forecast and/or prediction regarding where the market can go, I'm not interested in gambling, neither in knowing the direction of any market. My goal in trading is to extract money from it, I wouldn't care much about anything else.
What I draw (lines, arrows) are not directional move, but the current setup I'm looking for, in the day, so do not be surprised if I go long on tomorrow :)
Thanks for understanding and hope this can give more value to your analysis as well.
Let's start!
EURUSD may start an interesting process, we can see all the week breaking down potentially going to complete the 2 weeks pump and dump, or in the week itself, this market can setup for a weekly dump and pump, starting from Monday. For a better understanding let's analyse day by day to see the logic behind each possible move during the week.
Starting from the last week we can see almost all the week trending higher, the first lower low into the LOD happened on Thursday, which is currently a potential anchor point for a pump and dump into this current bearish scenario!
Monday, the opening range of the week pushed a little bit higher, breaking out and quickly dumping back down.
Tuesday opening, the market kept going lower, breaking through the LOD (Monday low) going in consolidation till the end of the day, triggering breakout short traders and closing the day in breakout.
Today, the market went lower and looks like still dumping with a great momentum.
Now.. let's talk about the thesis.
1. Bearish:
this market can easily stop the traders long form the last Thursday, considering a great bullish move from that level, eventually reversing during the upcoming days or keep going lower, who know, we may see this market completing 2 week pump and dump scenario, back into the previous weekly low.
2. Bullish:
although today I'm not interested in counter trending this market, I don't exclude a potential dump and pump in the current week if the market will start consolidating around the previous Thursday low, not gonna happen today but we can see such a scenario by the end of the week.
Remember, today FOMC, I don't think I would like to expose my capital in a such a dangerous volatile market!
Entry criteria:
As I said, currently I'm not interested in counter trending such a strong down move market, at least not today and not before news release.
I can think about a scalp short if the market will retest at least the current high of session, consolidating around that level for 30 to 45min before to see a potential 25+ pip scalp in the session.
However, during the upcoming days we can certainly see better opportunities, but I decided to share it, because EURUSD look pretty clean to me!
Gianni
Bitcoin Analysis... Read Caption Hello guys, what are your opinions of Bitcoin. Let me know in comments..
My opinion is what I have shown in the chart and it This chart represents the Bitcoin (BTC/USD) 4-hour timeframe, displaying a technical analysis setup for a potential short trade.
Key Elements:
1. Support and Resistance:
Resistance Zone: Marked in gray at the top.
Support Zone: Highlighted in green at the bottom.
2. Trade Setup: Key Levels
Entry Point (EP): 105,500
Stop Loss (SL): 106,600
Take Profit 1 (TP1): 104,900
Take Profit 2 (TP2): 104,000
3. Price Action & Indicators:
The price is currently 105,500, near the proposed entry level.
The chart shows multiple failed attempts (yellow circles) to break above resistance, suggesting potential weakness.
The downward arrow indicates an expected bearish move toward the support zone.
The chart suggests a bearish outlook if the price fails to break resistance and reverses downward.
A short trade is planned from 105,400 with targets at 104,900 and 104,000.
The stop-loss at 106,600 protects against an unexpected breakout above resistance.
If the price falls further, it could test the strong support area below 102,000.
This setup is ideal for traders looking for a short-term bearish opportunity in Bitcoin.
Thanks for your support guys, kindly keep supporting me and my ideas. Have a safe trading.
Note: This is for educational purposes not financial advice.
I see a bullish movement coming!BINANCE:VTHOUSDT
VTHOUSDT is crafting a rounded bottom which is of course a bullish pattern!
we can expect the price to reach the following prices in the coming days!
⚠️ Disclaimer:
This is not financial advice. Always manage your risks and trade responsibly.
👉 Follow me for daily updates,
💬 Comment and like to share your thoughts,
📌 And check the link in my bio for even more resources!
Let’s navigate the markets together—join the journey today! 💹✨
How I trade ICT ConceptsIn this video I attempt to explain how I trade using ICT Concepts. In my opinion it is a bit different to how most people use the concepts, or perhaps how even Michael uses them, but I find it very reliable in terms of determining where price is in the PD Array Matrix.
I hope it this demonstration is insightful and thank you for watching.
- R2F Trading
ADANIENT KEY LEVELS FOR 30/01/2025**Explanation:**
This trading system helps you avoid blind trades by providing confirmation for better entries and exits.
**Entry/Exit Points:**
- **Entry/Exit Lines:** Use the BLACK line for long trades and the RED line for short trades, based on confirmation from your trading plan.
- **Stop Loss:** For long trades, set the stop loss at the RED line below. For short trades, set it at the BLACK line above.
- **Take Profit:** For long trades, target the next RED line above. For short trades, target the next BLACK line below.
**Timeframe:**
Use a 5 timeframe for trading.
**Risk Disclaimer:**
This setup is for educational purposes. I'm not responsible for your gains or losses. Check the chart for more details.