short term bear market casesso here I am again. I was switching around my position its because xrp sudden pump makes changes to the market atmosphere, but now i think bears are favor finally.
because if we see that pump made in btc. marked orange color. that was the pump when xrp hits around 2.9 dollars. and its losing its power now. and if that major coin drops everything kinda drops all together till it consolidate. so i am shorting again. and this time will hold it to see wave c and prob take half profit when xrp stop falling or around support area.
Contains IO script
VNET Up +- 40% From Potential Double Bottom. The Big Picture.VNET is Up +- 40% From the Potential Double Bottom.
Remains Extremely Risky and Speculative.
However, ones best returns are often seen from these Risks.
This is also a China Trade, and not a Long Term Investment.
However, the prior Levels do show GREAT Potential for further Upside.
I started to nibble on the Bottoms with only a few $100 and is working for now.
Follow the Larger Trend. Use 2 to 3 time frames to see the 30M, 4H and 1W Trend. Make your decision's based on the Larger 1W Trend.
This is a Speculative 6 - 12 Month Trade.
I also use the IMACD indicator to see the rate of change, also the CCI Stochastic.
As always, please get a few outside Expert's Advice before taking Trade or Investment Decisions.
Should you appreciate my Chart Studies, Smash That Rocket Boost Button. It's Just a Click away.
Regards Graham.
BTC 1D LongBTC 1D Long
📈 1D Long
💰ENTRY:
👎STOP LOSS:
TP TARGETS
⏰TP1
⏰TP2
⏰TP3
✅ 1. Monthly Time Frame: Price has been breaking bullish and trending above the 10, 50, 200 EMAs.
✅ 2. Weekly Time Frame: Price has been breaking bullish and trending above the 10, 50, 200 EMAs.
✅ 3. Daily Time Frame: Price has made a valid correction into the 10 EMA.
✅ 4. Price has made a Swing Low Engulfing candle above the 50ema.
This is a great example of my systematic system.
EURO Demand Zone HitThis is the Weekly demand zone of the EURUSD futures contract.
We have a tremendous amount of downward pressure on the 1 hour trend and momentum.
I'll look for a trend reversal pattern on the lower timeframes to give me clues for a trend back up to the supply zone.
Remember to follow the TrendCloud trade plan and ensure everything is lined up across all 3 timeframes.
The link to this Trade Plan is in my profile.
Qure.NYSE Trend Cloud StudyuniQuire released some great Potential results from their latest Drugs Evaluation Results.
The markets responded positively. However soon retraced.
Was this just Hype?
The retracement is now down to the FIB 0.318 level.
The latest Market Analysts are showing a huge Upside Potential.
I Will be holding for now.
Your thoughts and Studies for future Upside or Downside is Appreciated.
As always, please get a few outside Expert's Advice before taking Trade or Investment Decisions.
Should you appreciate my Chart Studies, Smash That Rocket Boost Button. It's Just a Click away.
Regards Graham.
A8USDT: Trendline Breakout with Bullish Confirmation Ancient8A8USDT:Ancient8: Trendline Breakout with Bullish Confirmation 🚀
- **Key Breakout:** Price finally breaks the descending trendline after multiple rejections (red circles).
- **Volume Spike:** Confirming buyer strength on the breakout (green circle).
- **Parabolic SAR Flip:** Bullish momentum is intact.
- **RSI:** At 69.85, showing strong momentum but nearing overbought.
- **OBV:** Trending upward, indicating steady accumulation.
- **CMF:** Positive, confirming capital inflows.
If the price sustains above the breakout area and the 0.236 Fibonacci level, further upside potential is in play. Watch for volume and momentum to hold!
$2K Cup + Handle?Team - think BIG!!! COIN is on its way to 2K (unless the stock splits) on the weekly. The Cup + Handle is massive! Lots of selling pressure as 2021 bag holders exit their positions. But the break above the handle is clearly visible. I'm not sure how long it will take to reach $2K, but the current technicals tell me we are headed to that target. Also, ask yourself which US exchange stands to benefit from this crypto altcoin rush? #Bullish
Happy Trading!
Long to $65SMCI has been extremely volatile lately, which is great for options sellers. Recent news suggests no financial improprieties occurred and the company is searching for a new Chief Financial Officer. Also, the stock recently completed a 10/1 split. Nevertheless, here are the weekly technicals:
Bullish RSI (recently recovered from being oversold)
Bullish BAT harmonic pattern with a $64 target
Latest Heikin Ashi candles have no bottom tails, indicating a strong upside trend
Happy Trading!
we will see some dump in bitcoin and altcoinsI commented last analysis that i think because of xrp pumping we might see market going down.
I was trying to see if it tank or not but it seems like after xrp pump we coulldnt find a way to go up for btc and eth.. now after xrp confirm its resistance btc quickly dropped.. which means even with pull back we likely see 90000 or 86000 area depends on market condition or fud around the market. if there will be fud news we might dump harder..
anyway i kept xrp long like 1/4 in case i miss the train. and shoring btc to hedging my holdings and a bit to short more. if this rapid drop stops twice with big support i will be back. if it breaks up over 98100 area this case is not right.
sharing also long case in case it can make support herelast time i shared short case. with abc correction to 90000 or below.
but up to this level its a common area where btc still can go up from here if support is made.
so i am closed 50% of my short and waiting to see if momentum will be changed or not. check out this level. and also please check my previous analysis to keep plan for both of cases.
WOO trade update.We recently shared a potential breakout scenario for GETTEX:WOO :
In our initial analysis, we highlighted the possibility of a strong move above the previous monthly high. While our first entry did not pan out as planned (stop loss hit), this trade is a prime example of why risk management is non-negotiable.
Key takeaway: A well-placed stop loss keeps losses minimal and gives you the freedom to re-enter when conditions align.
And align they did. On the second attempt, we nailed it:
+40% Move.
Two profit targets hit flawlessly.
Second time’s the charm! 🏆
2500+ points captured in BTC againMy sentiment cycle indicator (PAID) is doing its job perfectly to capture big moved. Another big move captured of 2500+ points.. if you look at the red area (sell signal), there were few green candles, still signal was sell because sentiment was still negative.. thats how this indicator gives you confident to hold the trade.. now price is currently sideways. chart is 15m Time frame..
Stock Update / Analysis - Angel One (ANGELONE)📈 Stock Update: Angel One (ANGELONE)
🚀 Cup and Handle Breakout Setup
Buy Above: ₹3125
Sell Target: ₹4309
Potential upside: 📊 37% from the breakout zone!
💡 Technical Insight:
This classic Cup & Handle pattern indicates a potential bullish breakout. Keep an eye on volume for confirmation.
📌 Plan your trades wisely. Follow for more market insights and strategies!
#Investing #AngelOne #StockMarket #TradingSignals #BreakoutPattern
@investofino
GBPUSD: Prepare for a Rebound Amid Bearish SentimentRecent Performance: The GBPUSD pair has recently shown bearish momentum,
trading around 1.27. Market participants are awaiting key economic data,
particularly the Non-Farm Payroll (NFP) report, which is likely to induce
volatility in the currency pair as sentiment shifts with new employment
figures from the US.
- Key Insights: Despite the current bearish trend, there are indications that
the British pound could rebound against a weakening US dollar. Traders
should watch for potential buying opportunities near significant support
levels, as a weaker dollar could facilitate a bullish movement for GBP.
- Expert Analysis: Experts suggest a potential short-term rally for the US
dollar, but the overall sentiment leans toward dollar weakness. This outlook
presents a favorable scenario for GBPUSD, particularly if the pound can
breach critical resistance levels. The upcoming NFP report is the key focus,
with the results holding substantial sway over both currencies.
- Sentiment Analysis:
- Current sentiment: -11.67
- Last week: 1.25
- Change: -12.92
- Total mentions: 9
- Price Targets: Based on professional traders' wisdom:
- Next week targets:
- T1: 1.285
- T2: 1.30
- Stop levels:
- S1: 1.250
- S2: 1.225
- News Impact: The upcoming NFP report is the most significant event affecting
GBPUSD, with potential surprises in employment data capable of shifting
market sentiment dramatically. Traders should remain vigilant and prepared
for market reactions to this and other economic indicators.
Palo Alto Networks Set to Break Out: A Trade Idea for Next WeekRecent Performance: Palo Alto Networks (PANW) has recently shown strong signs
of stability, consolidating its position in the high $300s and inching
closer to a significant resistance level at $400. This performance indicates
a buildup of investor interest and sets the stage for a potential upward
breakout.
- Key Insights: Investors are encouraged to consider building positions in PANW
around the high $300s ahead of a potential breakout above the $400 mark. The
consistent demand in the cybersecurity sector combined with PANW's strategic
market positioning highlights the stock as an attractive buy.
- Expert Analysis: Experts are generally bullish on PANW, with many analysts
advocating for investments with an eye on the resistance at $400. The
anticipated movement in the stock price reflects positive market sentiment
supported by ongoing cybersecurity demands. Their commentary suggests that a
sustained move above $400 could lead to significant gains.
- Sentiment Analysis: Current sentiment: 67.5 Last week: 0 Change: 67.5 Total
mentions: 3
- Price Targets: Based on professional analysis:
Next week targets: T1 = 420, T2 = 430 Stop levels: S1 = 378, S2 = 370
- News Impact: A noteworthy announcement of a 2-for-1 stock split scheduled for
December 16, 2024, is expected to boost liquidity and accessibility for
investors. Alongside the ongoing demand for cybersecurity solutions, this
news could enhance sentiment and attract further interest in PANW leading up
to the split.
A compelling week ahead for trading BOFARecent Performance: Bank of America (BOFA) has seen notable activity recently,
trading at $47.51 amidst broader market volatility. The financial sector's
resilience has bolstered BOFA, even as caution is warranted due to potential
corrections. There appears to be an underlying bullish sentiment, indicating
investor confidence.
- Key Insights: Current market dynamics suggest a strategic approach to BOFA is
essential. Investors should focus on recognizing buying opportunities
following broader market pullbacks. Identifying support and resistance
levels will be critical for timing trades—maintaining vigilance around the
support area of $42.76 to $45.50 and the resistance point at $50.00.
- Expert Analysis: Experts convey a bullish outlook for BOFA, particularly with
projected growth in the financial sector by 2025. Financial analysts
emphasize integrating systematic investment methods, encouraging investors
to remain alert to fluctuations that may present favorable trading
prospects. The prevailing sentiment hints at resilience, suggesting it may
be prudent to adopt a proactive trading strategy.
- Sentiment Analysis: Current sentiment is rated at 60.0, a notable improvement
from last week's 0, showing a positive shift in market perception with 26
total mentions that reflect growing interest in BOFA.
- Price Targets: Based on analysis, key price targets for the upcoming week are
as follows:
- Next week targets: T1 at $49.00, T2 at $50.00
- Stop levels: S1 at $45.50, S2 at $42.76
These levels conform to the outlined trading rules, creating a possible range
for strategic positions.
- News Impact: Several influential factors could sway BOFA's performance,
including potential changes in global economic conditions, particularly with
discussions around BRICS nations and their financial implications.
Additionally, any updates on the Federal Reserve's interest rate projections
will significantly impact the banking sector's trajectory. Positive trends
from major competitors like JP Morgan further highlight the potential for
gains in the sector, possibly benefiting BOFA as investor focus sharpens.
SMCI: Watch for Breakout Opportunities Next WeekRecent Performance: SMCI has recently experienced fluctuations largely driven
by broader market trends and news regarding its auditing issues. Currently
priced at $32.64, the stock's movements have been tied to investor sentiment
in light of corporate developments with Netflix and scrutiny over its
audits.
- Key Insights: Investors should closely monitor SMCI’s performance in the
coming week, with a crucial focus on resistance levels that could signal
upward movement. If the auditing concerns are resolved favorably, this could
spark a breakout leading to significant gains. Conversely, maintaining above
the identified support levels will be vital for sustaining confidence among
investors.
- Expert Analysis: Experts have expressed a cautious outlook for SMCI,
highlighting the potential for instability due to ongoing auditor
challenges. However, if the issues are addressed successfully, the stock
might reach new highs, creating a favorable scenario for growth. The
sentiment suggests a high interest in how SMCI responds to its current
hurdles.
- Sentiment Analysis:
Current sentiment: 45.0
Last week: -11.67
Change: 56.67
Total mentions: 4
- Price Targets: Based on professional traders' wisdom:
Next week targets: T1 = $34, T2 = $36
Stop levels: S1 = $31, S2 = $30
- News Impact: The ongoing auditor issues remain a pressing concern for SMCI,
potentially impacting investor sentiment and stock performance
substantially. Additionally, association with Netflix amplifies the
influences of broader market narratives, indicating that external factors
will also affect SMCI’s trajectory in the near term.
XRP: Watch for Breakout Opportunities Next Week
XRP has shown remarkable market activity recently, with a surge of approximately
284% capturing the attention of investors and traders alike. This strong
performance showcases XRP's potential as a leading digital asset for cross-
border transactions. Recent trends suggest a significant uptick in interest,
driven by both retail and institutional investors eager to capitalize on its
robust utility and strengthening market position. Market dynamics hint at a
continued bullish sentiment as XRP seeks to solidify its standing in the growing
cryptocurrency ecosystem.
Key insights into XRP revolve around its role as an efficient bridge currency
that enhances liquidity among fiat currencies. The advancements in blockchain
technology and Ripple's strategic partnerships have led to increased
functionality and integration within financial services. Positive regulatory
news has fueled investor confidence, suggesting that XRP is likely on a growth
trajectory. As broader adoption accelerates, maintaining vigilance on market
movements will be vital for traders aiming for profit opportunities.
Expert opinions on XRP lean towards optimism, with financial analysts
highlighting the importance of its real-world applications and regulatory
developments. With the potential for institutional adoption on the horizon and
favorable litigation outcomes, many see XRP not just as a speculative asset but
as a critical component of modern financial transactions. This bullish outlook
reflects a growing consensus that XRP is poised for sustained upward momentum,
especially if current technical resistance levels can be overcome.
Current sentiment around XRP is notably positive, at 77.5, demonstrating a
dramatic shift from last week's sentiment of 0, indicating an increase of 77.5.
The total mentions during this period were 3, showing increasing engagement and
discourse among market participants. This upswing in sentiment mirrors the
growing confidence and interest in XRP, which could further drive its popularity
and price.
In terms of price targets for the upcoming week, traders should consider the
following:
- Next week targets: T1 at 2.55, T2 at 2.70
- Stop levels: S1 at 2.20, S2 at 2.15
These levels allow for a tactical approach, positioning for potential price
movement while safeguarding against significant retracements.
Recent news impacting XRP includes advancements in regulatory clarity that are
anticipated to conclude with favorable outcomes in Ripple's ongoing litigation.
Additionally, the establishment of partnerships with various financial
institutions has extended XRP's utility in cross-border payment solutions. These
developments solidify XRP's foundation as a formidable player in the
cryptocurrency landscape moving forward. Investors should stay attuned to
further news that may influence sentiment and price action in the near term.
Tesla Surges Ahead: Prepare for Strategic Moves Next Week
Tesla (TSLA) has shown resilience in the face of market fluctuations,
maintaining a crucial bullish stance even amid recent declines. Currently, the
stock has demonstrated a strong price foundation around $336, a critical level
that buyers are eager to defend. Recent market activity highlights a double top
formation that, if confirmed, could signal further upward potential. The EV and
tech sectors continue to captivate investor attention, with Tesla being a
frontrunner in a landscape characterized by mixed sentiment and volatility.
Key insights emerge for investors focusing on TSLA. Analysts remain optimistic
about Tesla’s strategic initiatives, particularly the introduction of lease
buyouts and advancements in autonomous driving technology, which could drive
sales and customer retention. The stock is viewed as potentially undervalued in
the context of AI advancements, suggesting room for significant price
appreciation. Furthermore, the upcoming political climate, particularly around a
potential Trump presidency, could positively influence market cap expectations,
raising interest in TSLA as a long-term holding.
Expert commentary underscores a generally bullish outlook for Tesla, pinpointing
strong fundamentals and innovative strategies. Some analysts argue that TSLA
could be the most underestimated AI stock in today’s market, giving credence to
its long-term growth narrative. Moreover, Tesla’s planned production of the
Cyber Cab is expected to reinforce the company's cutting-edge image and enhance
its market positioning, especially for investors looking at future
profitability.
Price targets based on recent analysis place TSLA in a favorable position for
investments next week. Next week targets are set at T1: $352 and T2: $370,
assuming the price maintains momentum. To safeguard against potential downturns,
set stop levels at S1: $326 and S2: $316, ensuring risk management aligns with
market dynamics.
Recent news notably highlights Tesla’s strategic lease buyouts for its latest
models, aimed at improving customer satisfaction and engagement. This initiative
positions Tesla to capitalize on the current demand trends in the EV sector.
Additionally, the political landscape surrounding CEO Elon Musk remains a
crucial factor for investors, as it could significantly steer company strategies
and market reaction.
In summary, Tesla’s current performance and strategic enhancements suggest a
potent opportunity for investors next week, making it an asset to monitor
closely amid ongoing market developments.
Aiming for SPY: Targeting Continued Upside Next Week- Recent Performance: The SPDR S&P 500 (SPY) has demonstrated impressive
performance lately, achieving multiple all-time highs and closing above
critical levels. Currently priced at $602.55, SPY remains significantly
positioned above major moving averages, reflecting strong bullish momentum
and resilience despite market fluctuations. The index recently held above
the support level of $601, reinforcing positive market sentiment across the
board.
- Key Insights: Traders should approach SPY with a bullish bias in the near-term
outlook. The strength in macroeconomic indicators and strong earnings from
major corporations suggests potential for continued gains. Monitoring key
support and resistance levels will be critical for determining potential
entry points and assessing risk as the market evolves.
- Expert Analysis: Analysts project that SPY's bullish trend is likely to
persist, supported by prevailing investor confidence and encouraging
economic signals. A consensus among experts recommends vigilance around key
price levels, enabling traders to capitalize on upward movements while
managing risks effectively. Market sentiment remains robust, bolstered by
positive narratives surrounding recovery and growth in various sectors.
- Price Targets:
- Next week targets:
- T1: $605.00
- T2: $610.48
- Stop levels:
- S1: $601.00
- S2: $594.62
- News Impact: The ongoing positive sentiment for SPY can be attributed to
recent macroeconomic reports and favorable earnings from leading companies,
particularly in the tech sector. As SPY continues on its upward trajectory,
market events and external factors will play a pivotal role in shaping
trading strategies. Investors should remain informed about economic updates
and corporate performance that can influence price dynamics in the near
future.