Trend Analysis
Pudgy Penguins (PENGU)PENGU is the official coin of Pudgy Penguins. Pudgy Penguins is a blockchain-based collection of NFTs launched on the Ethereum blockchain.
Anyway, it seems PENGU is moving in a flat triangle pattern. PENGU has broken the first downtrend line, have to wait to break the second on too. Let's see what happens.
Adbe looks ready to gapfillAdbe seems to be setting up nicely for earnings. With $505 holding supports and liquidity already being taken from the $530 area adbe could be looking at a post earnings pop to gap fill or at least pop and retest the $530 area before going higher. I see $550 being tested by early 2025. I am playing this with commons as i am not as certain on the time element as a i am the trend.
ONDO current targets and things to considerMEXC:ONDOUSDT had a steep rise the past days/week and shows lower volume since the 78.6 fib level. rsi is slightly overbought. I assume it'll correct down slightly/consollidate towards 78.6, building more volume, finding support and then attempting 161.8 extension level at 2.10$ as a next possible resistance to break.
Gold Bullish Run: Targeting $2,900 - Time to Ride the Wave! 📈 Gold Analysis: Bullish Setup
🟢 Current Price: 2,607
🎯 Take Profit 1: 2,635
🎯 Take Profit 2: 2,680
🎯 Take Profit 3: 2,790
🎯 Take Profit 4: 2,900
🔹 Stop Loss: 2,524
📈 Why This Trade?:
Gold continues to trade within a bullish channel, having broken above 2,144 back in March. With higher highs and higher lows consistently forming, the trend remains strong.
The stop loss is positioned below both the 50MA and recent lows at 2,524, allowing for market fluctuations while keeping risk under control.
⚠️ Risk Management Reminder:
Although the bullish trend remains intact, trends can change quickly. Always apply proper risk management and ensure you’re not over-leveraging. A drop below 2,524 would signal a potential shift in the market, invalidating this setup.
Stay tuned for updates! 🚀
#APT/USDT#APT
The price is moving in a descending channel on the 1-hour frame and is expected to continue upwards
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 8.40
Entry price 8.58
First target 8.87
Second target 9.27
Third target 9.61
When to Be Concerned About Bitcoin in the Short Term🟢 When to Be Concerned About Bitcoin in the Short Term
BITSTAMP:BTCUSD has surged significantly since the summer of 2024, and the bullish cycle is expected to last at least until the summer of 2025. This means that in the medium to long term, fluctuations shouldn't be a major concern.
However, if you're trading Bitcoin or waiting for a chance to buy at a lower price , it's worth paying attention to the levels mentioned in this article
✅ What pattern is unfolding in Bitcoin?
At the moment, there isn't a defined pattern like the ones I usually show, so I won't provide entry and exit prices as I typically do.
However, it's important to understand that the current price movement makes BTC a neutral market in the short term. We need to keep an eye on the lower blue line and the area marked as last support (blue rectangle).
These zones could be ideal for buying Bitcoin , as the price shouldn't fall below these levels if the bullish trend continues.
However, a head and shoulders pattern might be developing, so it's crucial to monitor the price movement in the coming days to see if it breaks the blue support line.
💰 How to trade this chart pattern?
You can either buy near the lowest blue line or sell looking for a fast decline if the head and shoulders is confirmed.
🛡️ The risk management strategy
As we have done in so many previous ideas, remember you can split the position in 2.
- 50% of the position in a take profits, at least, as large as your stop loss (adapt SL and this 1st TP to local supports/resistance levels). In this case, a 3% TP for 2% SL.
- 50% of the position to a price as large as the previous pattern, which would mean a profit of 7% to 15%.
✴️ ENJOY AND FOLLOW for more 😊
Stick to buying gold on dipsBros, during the second pullback, gold touched the 2639 level but failed to decisively break below it. Clearly, the bullish structure of gold remains intact. In fact, as long as gold holds above 2635, it indicates that the bulls have not entirely lost control.
I believe this pullback is merely a healthy correction within the broader uptrend, serving as a consolidation phase. Once gold stabilizes, it is likely to resume its upward trajectory. If gold can rebound above 2645 in the short term, bullish momentum will undoubtedly gain further strength, reinforcing the bullish signal.
Therefore, I see this short-term pullback as an excellent opportunity to accumulate gold at discounted levels. Let’s use this retracement to build positions at favorable prices, and once gold rebounds, it may deliver surprising and exceptional returns!
Bros, are you optimistic about the rebound of gold? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
ADBE near Confluence Support - 33% ROI PossibleNASDAQ:ADBE is currently nearing a confluence support (an area where multiple support elements are combined) at around $410-$420. Nevertheless, opening a first position right now is already an option given the attractive valuation and the horizontal support (blue zone). In addition there are two big daily gaps (red zones) above the current price giving us some potential pulling factor towards $580. The trendline you can see is very weak and has only two real re-tests in October 2022. So, take that with a grain of salt and try to concentrate more on the horizontal support and the $410-$420 area (61.8 fib).
Looking at fundamentals (I know most of you are not really interested in such things, but they do help with swing trades) we can see a price-to-sales ratio of 9.xx suggesting upside of 50% when comparing it to the long-term average of 14.xx. ARR increased 23% YoY to $3.48B. In terms of AI, firefly generated more than 16 billion assets so far, and FY24 revenue increased by a little more than 11% to $21.51B. Current PE ratio is just short of 22.
So, adding here and more towards that $410 will give us a huge potential ROI over the next couple of months.
Support Zones
$440
$410-420
Targe Zones
$540
$580-600
Prepare to BUY Spot LDOUSDT (D1-W Cycle - Middle Term)Prepare to BUY Spot LDOUSDT (D1-W Cycle - Middle Term)
🌟 Capitalize on the Mid-Term Opportunity with LDOUSDT! 🌟
🌍 Market Overview:
LDOUSDT is showing strong potential on the D1-W timeframe, making it an excellent choice for mid-term gains with strategic entry.
📊 Trade Plan:
📌 Entry Point: $1.6 - $1.8 – Divide capital into 2-3 entries to optimize positioning.
🎯 Target:
x1 (100% gain), or
Price around $3 - $3.5 – Achieving substantial returns in the mid-term.
⏳ Hold Time: 2-3 weeks – Ideal for capturing mid-term market momentum.
🔍 Strategy Insights:
D1-W Momentum Focus:
Aligning with the broader trend to capitalize on stable and predictable market movements.
Capital Allocation:
Dividing entries ensures flexibility and mitigates risks during market fluctuations.
🚀 Next Steps:
💬 Reach out if you need additional strategy insights or personalized guidance.
💡 Note: This is not financial advice. Always DYOR before trading.
🔥 LDOUSDT is set for mid-term growth – Secure your position now! 🔥
XAUUSD Sells - 1/3/25Yesterday, I gave a gold analysis of anticipating price to reach into a Daily FVG in Premium zone and drop from there. I executed sells during NY AM Session this morning to target previous daily lows. I will most likely be expecting more sells next week, however I will be cautious due to NFP.
Ada breaking up out of a Bull pennant.Target for the pennant hound be around $1.86 . I also noticed the.bitcoin dominance chart’s 200ma looks like its finally flipping back to resistance which if so will increase the probability of ADA hitting this pennant target as well as alt season finally officially starting. *not financial advice*
SPX-USDT Trading Plan: From Demand Zone to ATH Zone
SPXUSDT is currently showing strong bullish momentum after a rebound from the demand zone around 0.5922. The price is advancing toward the ATH zone, with an immediate target set at 1.1000.
Key Observations
1. Demand Zone (Support Area):
- The 0.5922 level acted as a critical demand zone, prompting a strong bounce.
- Buyers stepped in at this level, indicating accumulation and bullish sentiment.
2. Rising Channel:
- The price is trading within a clear upward channel, suggesting a strong bullish trend.
- Breakouts from this channel, particularly to the upside, could accelerate momentum.
3. Resistance Levels:
- The ATH Zone represents a key resistance where the price may face some selling pressure.
- A breakout above the ATH Zone will pave the way toward the 1.1000 target.
4. Trend Continuation:
- The price appears to be following a zigzag pattern, respecting the channel structure.
Momentum and Indicators
1. Volume:
- Increased volume near the demand zone signals strong buying pressure.
2. Projection:
- Price is projected to continue climbing as long as the trendline remains intact.
- Any retracement could provide new entry opportunities near the channel’s lower boundary.
Trading Plan
1. Entry Points:
- Accumulate near 0.5922 if the price retests this demand zone.
- For breakout traders, consider entering after the price clears the ATH Zone with volume confirmation.
2. Stop-Loss:
- Place a stop-loss below 0.5500 to manage downside risks.
3. Profit Targets:
- Primary Target: 1.0000 (psychological level).
- Extended Target: 1.1000, as highlighted on the chart.
4. Risk Management:
- Risk no more than 2% of total capital on this trade.
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Scenarios
1. Bullish Scenario:
- Price continues to respect the rising channel and breaks above the ATH Zone, targeting 1.1000.
2. Bearish Scenario:
- Failure to sustain above 0.5922 may lead to further downside, targeting lower levels of the channel.
Pro Summary
SPXUSDT is exhibiting strong bullish behavior, with a potential move toward the ATH Zone and beyond. Traders should closely monitor the key levels and align their entries with the trend to maximize profits while managing risks effectively.
Disclaimer
This analysis is for informational purposes only and does not constitute financial advice. Trading cryptocurrencies and other financial instruments carries significant risks, including the risk of loss of capital. Always trade responsibly and consider consulting a financial advisor before making any investment decisions 📊
DYOR (Do Your Own Research) 🔔
#CryptoMarketCycles #BullMarket #TechnicalAnalysis #CryptoTrading #MarketPhases
Next Big Move: Weekly GEX & Key LevelsWeekly GEX & Key Levels – Options Recap
Chop Zone (5850–6055)
This range is likely the short-term “parking” area for sideways price action.
Expect the market to oscillate here unless a stronger directional catalyst emerges.
Gamma ‘Deny Zone’ (Below 5850)
Dropping below 5850 can amplify negative gamma effects, potentially fueling a stronger downside move.
Watch for increased volatility and momentum if this area is breached.
Gamma-Squeeze Breakout Zone (Above 6055)
A break above 6055 neutralizes the call gamma wall, potentially triggering a rapid rally (gamma squeeze).
Consider bullish option plays if this level is reclaimed and confirmed.
Options Perspective
IVRank 23.8: Moderately elevated implied volatility (~1–2% potential daily moves).
Puts 87%: Significant open interest in PUT positions, especially around 5800–5900 strikes, often acting as a strong support zone.
Gamma Flip (~5923): A critical pivot where market maker positioning flips, potentially creating intraday turning points.
Practical Strategies
Range Trading in the Chop Zone
Iron condors, short strangles, or other neutral strategies.
Stay alert for any breakout that can quickly move the market beyond this range.
Bullish Breakout Above 6055
Consider call debit spreads or bull call spreads to capture a swift upside move.
Look for a confirmed break (ideally on higher volume).
Bearish Breakdown Below 5850
Hedge with protective puts or put debit spreads if you hold existing long exposure.
Negative gamma could accelerate downside momentum.
Summary
Base Case: Likely consolidation between 5850 and 6055.
Upside: Above 6055, a gamma-driven squeeze could rapidly push prices higher.
Downside: Below 5850, stronger selling pressure may emerge.
Manage risk according to your plan and remain vigilant for any surprise catalysts.
Disclaimer: This is not investment advice. Always use proper risk management based on your own trading objectives.
Sizing Up XAUUSD into the New Year: What’s Next for GOLD?👀 👉 In this video, we conduct a quick top-down analysis, identifying key structural levels where major players may target liquidity to execute their orders. Understanding these levels—from the monthly and weekly down to the daily charts—can help pinpoint potential opportunities on the four-hour and lower timeframes. This video offers a breakdown of my analysis process. (Not financial advice.) 📊 ✅
SOL long set up reviewBINANCE:SOLUSDT
In this chart, you can see that SOL has formed a symmetrical triangle pattern and successfully broke out. At this point, the target price can be calculated: the distance from the base of the triangle (as shown by the orange line) will determine the target price. The stop-loss should be set below the consolidation zone.