EURUSD LongThe EUR/USD pair appears to be forming a bottom, signaling a potential trend reversal. This setup presents an opportunity for a swing trade, with an anticipated holding period of a few weeks to a month. Traders should monitor key technical levels and market catalysts closely as the pair transitions into this new phase.
Trend Analysis
Multiple Your Bitcoin's Strategy Explained (Step by Step)First you start with 1-2 trades. When these trade mature, can be a few days, weeks or months, you increase the numbers to 3-5, focusing on those trading low to later sell high.
Once these mature, you can increase to 8-10 trades. You repeat this process and you make your portfolio grow. This as the bull-market unravels.
Once you reach around 20 pairs, you are done. You just let it sit, let it appreciate, let it grow long-term. Whenever you want to withdraw you can withdraw, the rest is to sell when prices are high and buy when the market turns red (when prices are low).
Repeat over and over and over... And keep growing; continue to grow.
Patience is key.
Namaste.
DIEGO GUZMAN DE ABC TRADERS Y LA IGLESIA DEL POLLO AHUMADOBoth Diego, founder of ABC TRADERS, has shaken the cryptocurrency world once again, but this time it's not about Bitcoin or Ethereum—it’s about meme coins. In a recent essay, we revealed that due to rising geopolitical tensions, he has drastically reduced his meme coin portfolio. Surprisingly, the only meme coin he has kept is :SCF (Smoking Chicken Fish). What makes :SCF special, and why is he betting on this little-known token?
Diego's Move
The decision to sell most of his meme coins is noteworthy, especially given the overall volatility of the cryptocurrency market amidst geopolitical tensions. Following Iran’s missile attack on Israel, Hayes expressed concerns about the potential for significant losses in an already uncertain market. His strategic reduction underscores the unpredictability of how crypto assets, especially meme coins, will respond to global conflicts.
However, in a surprising move, he held onto :SCF, a relatively obscure meme coin, signaling his belief in its long-term potential despite the market's inherent volatility. According to Diego, *"The only meme coin I currently hold is 'Church of Smoking Chicken Fish (SCF).”* This vote of confidence suggests that there might be something fundamentally unique about :SCF that sets it apart from other meme coins.
What is :SCF (Church of Smoking Chicken Fish)?
:SCF is one of the latest meme coins to capture attention, blending humor and speculation in a way that appeals to retail traders looking for explosive growth. Meme coins have been an exciting subset of the cryptocurrency space, characterized by high risk and high reward. While many of these tokens fail after the initial hype, :SCF has gained an unusual level of attention, especially with a high-profile investor like Hayes, CO-FOUNDER OF BITMEX, keeping it in his portfolio.
Technical Outlook for :SCF: What the Charts Say
On the technical front, :SCF is showing signs of consolidation, currently trading at $0.1011, down from its all-time high of $0.14. With an RSI of 44, the token is not yet in oversold territory but is dangerously close to testing key support levels.
The token is testing its only real resistance level at $0.1019. A breakout above this level could indicate "blue skies" ahead, suggesting significant upside potential.
On the downside, :SCF has a critical support level at $0.1011. If the token fails to hold this level, further declines could occur. However, if it holds, MIL:SCF could consolidate and build momentum for another bullish push.
While currently trading 8% lower, :SCF has been consolidating within a channel, a typical pattern observed before a potential breakout. Both traders and investors will be closely watching to see if :SCF can break through its resistance and stage a comeback rally.
Volatility and Market Sentiment
Like many meme coins, :SCF is subject to significant volatility. However, the continued support of the community, combined with Hayes’ public endorsement, adds a layer of bullish sentiment that could spark renewed interest in the token. Additionally, Arthur Hayes' ongoing investment in presale tokens and less-liquid meme coins through his company, Maelstrom**, indicates that he is positioning for future opportunities while maintaining a strategic position in SCF.
Why Hayes and I Chose :SCF Over Other Meme Coins
While Hayes has not fully disclosed his reasoning for preferring :SCF, several factors likely influenced the decision:
1. Low Risk, High Reward Potential: Given :SCF's relatively low price and market cap compared to larger tokens, the upside potential may far outweigh the risk.
2. Limited Downside: With :SCF already down 8%, the token could be near its floor, making it a strategic hold during volatile periods.
3. Community and Meme Culture: Meme coins like :SCF thrive on community-driven hype. As one of the very few meme coins in my portfolio this week, :SCF could benefit from renewed attention following its endorsement.
The Bigger Picture: A Strategic Play in a Volatile Market
Arthur Hayes’ decision to reduce his exposure to meme coins while retaining :SCF reflects a broader trend among cryptocurrency investors: shifting toward safer, more predictable assets in times of uncertainty. However, by holding onto :SCF, Hayes is also betting on the continued popularity of meme coins, which have shown remarkable resilience in previous market cycles.
While the long-term growth prospects for Bitcoin remain intact, Hayes acknowledges the high volatility of meme coins and the potential collapse of weaker projects. By choosing :SCF, he positions himself in a way that limits risk while keeping a foothold in the meme coin market, which could offer explosive gains during the next bull run.
Conclusion: Will :SCF Soar or Sink?
:SCF is at a critical juncture. With Arthur Hayes backing it, the coin has the potential to gain significant traction. However, it remains to be seen if it can break its key resistance level and return to its all-time highs. For now, :SCF offers a high-risk, high-reward bet that appeals to both speculative traders and meme coin enthusiasts. This is why I stand firm and committed to this with conviction! Success ahead!
BTC BETWEEN 40K - 35K REGION MIDDLE 2027Bitcoin will get trough 100k maybe 103k and initiate a pullback to 80k to 70k region preparing to make an new high between 115k and 125k region and then start the dump(bear market) in the last half of 2025, according to big divergences in the monthly and weekly timeframe to finally reach his new low at 40k to 35k region in the middle of 2027.
USD/CAD Buy SwingTradeReasons to Enter the Trade:
Trendline and Fibonacci Confluence:
The price is respecting a strong upward trendline.
The 61.8% Fibonacci retracement level aligns with the trendline, providing strong confluence for a potential reversal.
Stochastic Oversold:
The stochastic oscillator indicates a potential upward reversal as it climbs from an oversold region.
Risk-Reward Opportunity:
The chart shows a decent risk-reward setup, with a target near the 0% Fib level (1.4180) and a stop-loss below 1.3925. If this provides at least a 2:1 reward-to-risk ratio, it's a good trade to consider.
Structure Holding:
There’s no significant break below the critical structure levels, suggesting the bullish bias is intact.
W - Weekly Breakout SoonWormhole is about to see a weekly breakout that could send price to the first target a little over $1. Watch for a 3D break of this pattern. Also weekly RSI is showing lots of upwards momentum. If the breakout fails here, we will have one more drop to retest either the $0.25-$0.28 zone or bottom of the triangle before the successful breakout occurs.
VTEX: Bullish breakout potential amid consolidationThe chart illustrates VTEX forming a wedge-like consolidation pattern, signaling a potential bullish breakout in the near future. The stock has established strong support at $6.22 and faces key resistance at $8.95. The 200-day SMA is acting as a pivotal resistance level , and a breach above this could confirm a shift in momentum.
The stochastic oscillator indicates the stock is oversold, suggesting a higher probability of upward price movement. If the price breaks above the wedge, t he next significant target is the $12-$14 range , representing substantial upside potential. However, downside risks remain, with a stop-loss near $5.72 to mitigate risk .
This idea combines technical indicators, moving averages, and volume considerations to outline a high-risk, high-reward trading opportunity. Investors should remain vigilant for confirmation signals before entering a position.
YFI Cup $ Handle breakoutFinally YFI starts moving after breaking his lower lows with a cup and handle formation.
I drawed the possible first goal to reach at a usual C & H. Also we touched the old high. If we break it we would also break the old structure so we can get higher highs soon.
Excited to watch YFI more in the future. Good Volume coming in
A lot of hype on Solana, Here is the Solana as compared to EthThis is a ratio chart of SOL/ETH, you can see SOL dominated for 532 days straight. So due to the natural ebbs and flows of markets, we could expect to see SOL/ETH to decline as ETH starts to make a move from the lows and starts to make hew ATHs. Some have already swapped out of SOL and into ETH to get the most out of the upcoming move, however, that is not financial advice. Good Luck to all!
Idea for this week.The EUR/USD pair ended a three-week losing streak, recovering towards 1.0600 before finally finding sellers. The US Dollar (USD) gapped lower at the weekly opening after reaching fresh 2024 highs against its European rival, with EUR/USD bottoming at 1.0332 on November 22.
Trump, tariffs and inflation
The week started with headlines indicating that United States (US) president-elect Donald Trump picked billionaire Scott Bessent to serve as the next secretary of the Department of the Treasury. “Unlike in past Administrations, we will ensure that no Americans will be left behind in the next and Greatest Economic Boom, and Scott will lead that effort for me and the Great People of the United States of America,” Trump noted.
AAVE uptrend slowing downOn the background of bleeding BTC i see AAVE uptrend slows down.
1D channel begins to incline, and correction wave fails to print new HH 3 times in a row already. So it might be signs of reversal.
137 support is still valid, but sellers are pressing that triangle down.
So I will watch big TF close candles on that Support level.
If 1D closed under 137 (after touch) I will count that as an uptrend channel breakout and target the lower demand zone.
It 1D close above 137 (after touch) I will target the triangle upper border. And a trend channel bottom retest on the same time.
EUR/USD Buy opportunity📍 Key Levels to Watch:
Support: 1.0450 – Buyers stepped in strongly here.
Resistance: 1.0530 – A crucial level for bullish continuation.
💡 What’s Happening:
Price bounced from the 1.0450 support zone, showing clear bullish interest.
If the pair breaks above 1.0485, it might target the 1.0530 resistance.
🔎 Look at:
Keep an eye on a potential retest of 1.0450–1.0460 for more clarity. If it holds, bullish momentum could continue!
Trade smart and stay updated!
Dollar Cost Average: BeastMode strategy for BTCUSDThe above is a chart I have been following for a while depicting Bitcoin cycles, epochs, and when and how much to DCA in a cycle.
Basically, the greener my chart gets the more I buy! LMK if you have any questions.
Also I am trying to use AI to write pinescript. I learn well by reverse engineering code. I have some code that won't compile so Any help would be appreciated. I have some good ideas but little Coding experience.
Copper LongCOPPER has settled on its legacy trend from late 2023 and has been consolidating massively on support and its 0.786 deep retracement level from its previous move up. We could be looking at a long position, to hold up to the next data highs. SL has been placed under next level of liquidity which could be swept before a move up.
SPY New historical highSPY has hit new highs recently, but current data isn't available ¹ ². To confirm, I'd recommend checking a real-time financial platform for the latest info on SPY's performance. Typically, when SPY hits new highs, it indicates strong market performance, with more stocks reaching 52-week highs than lows ³ ⁴. Would you like to know more about what drives SPY's movements?