Gann
AB=CD completed in Oil 4hr Was bullish at C and the take profit objective was reached at D. The CD leg is a 1.618 extension of the AB leg.
Looking for a sell if the top Gann resistance holds, target will be at least a 38.2% retracement of the bullish swing.
Looking for a coiling pattern to validate a buy when Gann resistance is broken to continue bullish move up.
Always Trade What You See and practice good money management...🍻
Possible cluster for Short on SP500An area I am closely monitoring lies between 6478 and 6516, particularly if the current high of 6152.75 (marked on December 16) is breached.
Analyzing the swing starting from the low of 3502 in October 2022, the major tops have followed a distinctive pattern in percentage terms:
3/40
5/40
8/40
13/40
21/40
The pattern suggests that each subsequent high is obtained by summing the numerators of the previous upward moves (e.g., 3 + 5 = 8, 8 + 5 = 13, and so on) while the denominator remains fixed at 40. Following this logic, the next high should be 34/40 (21 + 13).
I am confident in the reliability of this pattern because when I sum the numerators (21 + 34) and the denominators (40 + 40), the resulting level (55/80) aligns with a minor high. Similarly, by summing 55/80 and 21/40, using the same logic, I arrive at 76/120, which corresponded to a very significant high in July 2024.
While these levels may not be perfectly precise, they represent key areas of interest that warrant close attention.
If you are interested in this type of analysis, particularly when integrated with GANN angles, feel free to contact me privately at this email: drake36@inwind.it.
GOLD & SILVER Short ideaHi,
We have an interesting bearish idea with the metals GOLD & SILVER. Being highly correlated we are able to extract confirming bearish signals of a turn next week. Price action shows selling pressure is greatest in Silver ( The Divergence Circle ) creating a vacuum against the yellow dashed horizontal line where GOLD has closed the GAP against the same line. Apart from this the same can be observed on the horizontal plane with Silver failing to reach the yellow diagonal frequency line showing greater selling pressure as compared to GOLD. We also have multiple Timing confluences ( Including ASTRO ) which has squared with Price on the same "Signal" candle of GOLD & SILVER last Friday. This however is beyond the scope of this analysis. Also note we have news next week pointing to a possible bigger move than average.
DEGEN / USD Inverse H&S?DEGEN meme token has regained approximately 25% after retracing 100% of its Nov '24 pump. Momentum is strong and it looks to have some additional room to run prior to a healthy pullback.
Currently long and looking for price action to complete an inverse head and shoulders pattern. Looking to take profit initially at the median, add to my bags on the pullback and/or breakout above the neckline.
ETH/BTC Gann FanCOINBASE:ETHBTC
ETH/BTC Gann Fan has a trend I did notice. 6 times in this range we are in, when we touch the bottom of the range the pair went up. We can see as of recently it just did again touch that bottom of the range and is starting to bounce nicely.
Comment what think about this chart.
Comment any tips or suggestions.
COINBASE:ETHBTC COINBASE:BTCUSD COINBASE:ETHUSD
DIGITAL VALUE: scandalo all'italianaDigital Value, a leading Italian IT services company, was recently embroiled in a corruption scandal. CEO Massimo Rossi was arrested after allegedly delivering a €15,000 bribe to Sogei's general manager, Paolino Iorio. This incident caused the stock to plummet, creating a significant gap on the daily chart and offering traders a compelling opportunity with a favorable risk/reward ratio.
Despite the turmoil, the company’s fair value is estimated at $70 per share, with stock market reports from October 4 forecasting highs of up to $120. Major shareholders include OPS and Intesa San Paolo, underscoring the need to prevent systemic contagion risks affecting the involved banks. A textbook case of financial dynamics shaking the market while paving the way for strategic speculation.
The setup is currently inactive. Passing the green treshold will activate the bullish setup.
EOS LONGThe weekly chart of EOSUSD shows a prolonged downtrend with potential signs of a reversal forming near the recent lows. A significant "CSD" (Change of Structure) pattern has emerged, and a "turtle soup" liquidity sweep has cleared out weak hands, possibly setting up for a recovery rally.
Trade Plan:
- Entry: Current price level (~0.5611 USD) or on retests near the liquidity sweep area if EOSUSD holds above.
- Targets:
- Target 1: 1.00 USD – aligns with prior structure and offers a conservative target.
- Target 2: 1.40 USD – significant resistance area with potential to attract buyside liquidity.
- Stop Loss: Below the "soup" low, around 0.40 USD, to manage risk.
This trade aims to capitalize on a potential shift from bearish to bullish momentum in EOSUSD.
$DOGE, $PEPE, $BONK, and $SHIB: The Meme Coin Rally Cycle💰 CRYPTOCAP:DOGE , CRYPTOCAP:PEPE , CRYPTOCAP:BONK , and CRYPTOCAP:SHIB : The Meme Coin Rally Cycle 🧐
☝️ Historically, Meme Coins like CRYPTOCAP:DOGE and CRYPTOCAP:SHIB have always lagged behind the broader market ( CRYPTOCAP:BTC and CRYPTOCAP:ETH ) before experiencing explosive moves of their own.
📍 In previous cycles, CRYPTOCAP:DOGE and CRYPTOCAP:SHIB typically rallied after Bitcoin and Ethereum completed their mid-rally consolidations, setting the stage for massive meme coin rallies.
✅ Currently, assets like CRYPTOCAP:DOGE , CRYPTOCAP:PEPE , CRYPTOCAP:BONK , and CRYPTOCAP:SHIB are showing strong technical setups, with Fibonacci retracements and wedge patterns indicating accumulation phases before their next bullish leg.
Targets 🎯
CRYPTOCAP:DOGE : $0.825
CRYPTOCAP:PEPE : 0.000046
CRYPTOCAP:SHIB : 0.000055
CRYPTOCAP:BONK : 0.000076
#GMX: Profiting From Decentralized PerpetualsDescription:
This trading idea highlights GMX, the utility and governance token of the GMX protocol, a leading decentralized exchange for perpetual contracts and spot trading. GMX enables traders to execute leveraged positions with low fees and zero price impact, providing a unique value proposition in the DeFi ecosystem. The platform’s innovative architecture and its focus on transparency and security have garnered a growing user base and increased adoption. Additionally, GMX token holders benefit from protocol revenue sharing, further enhancing its appeal as a long-term asset.
Despite its potential, it’s important to recognize that the cryptocurrency market is highly volatile, with prices subject to significant fluctuations due to external factors such as regulatory changes, market sentiment, and macroeconomic trends. Investing in GMX requires careful consideration and a disciplined approach to risk management.
Disclaimer:
This trading idea is for educational purposes only and does not constitute financial advice. Trading cryptocurrencies like GMX involves significant risks, including the possibility of complete loss of capital. Always conduct thorough research, evaluate your financial position, and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
#LDO: Capitalizing on Liquid Staking InnovationDescription:
This trading idea highlights LDO, the native token of the Lido Finance protocol, a leading platform for liquid staking. Lido allows users to stake cryptocurrencies like Ethereum while maintaining liquidity, enabling stakers to earn rewards without locking their assets. LDO serves as the governance token, empowering holders to vote on key protocol decisions and influencing the platform's evolution. With Ethereum’s transition to Proof of Stake and growing interest in staking solutions, LDO is well-positioned to benefit from increased adoption and demand for staking flexibility in the DeFi space.
It is important to remember that cryptocurrency markets are highly volatile and subject to external factors, including regulatory changes, macroeconomic trends, and market sentiment. Investing in LDO or similar assets requires careful analysis and a sound risk management strategy to navigate potential price fluctuations.
Disclaimer:
This trading idea is provided for educational purposes only and should not be considered financial advice. Trading cryptocurrencies, including LDO, involves substantial risks, such as the possibility of losing your entire investment. Always conduct thorough research, evaluate your financial situation, and consult with a financial advisor before making investment decisions. Past performance is not indicative of future results.
#RDNT: Empowering Cross-Chain DeFi LendingDescription:
This trading idea highlights RDNT (Radiant), a revolutionary DeFi protocol designed to enable seamless cross-chain lending and borrowing. RDNT aims to address the fragmentation of liquidity across different blockchain ecosystems by creating a unified platform where users can deposit assets on one chain and borrow against them on another. With its innovative technology, RDNT plays a critical role in advancing interoperability and efficiency within the DeFi space, making it a promising choice for investors seeking exposure to cutting-edge financial solutions.
Despite its potential, the cryptocurrency market is known for its volatility, and RDNT is no exception. External factors such as regulatory changes, market sentiment, and macroeconomic conditions can significantly impact its price. As such, caution and thorough risk management are essential for trading or investing in RDNT.
Disclaimer
This trading idea is intended for educational purposes only and should not be construed as financial advice. Trading cryptocurrencies, including RDNT, involves substantial risks, such as the potential loss of your entire investment. Always conduct detailed research, evaluate your financial situation, and consult with a professional financial advisor before making any investment decisions. Past performance does not guarantee future results.