Community ideas
Bitcoin - This Month Will Decide Everything!Bitcoin ( CRYPTO:BTCUSD ) is still rather bullish:
Click chart above to see the detailed analysis👆🏻
In December of 2024, we saw a little pause during the overall bullish crypto bullrun, which was actually quite expected after the recent rally of about +500%. This could still turn into a false breakout, but since everything looks rather bullish, new all time highs are much more likely.
Levels to watch: $70.000, $300.000
Keep your long term vision,
Philip (BasicTrading)
Solana - It Just Looks Super Bullish Now!Solana ( CRYPTO:SOLUSD ) is creating a break and retest:
Click chart above to see the detailed analysis👆🏻
With the last monthly candle of more than +40%, Solana broke all resistance towards the upside and finally created a new all time high. Now we are seeing the perfect retest of the previous resistance which is now turned support and another strong move higher is absolutely possible.
Levels to watch: $200, $400
Keep your long term vision,
Philip (BasicTrading)
Should You Buy BTC Now? Let Price Action Be Your Guide!👀👉 In this video, we take a brief analysis of Bitcoin's current price action. On the 4-hour timeframe, we observe a break in structure, raising the question: Is this a potential buying opportunity? We then drill down to the lower timeframes to look for possible confirmations, following the scenarios discussed in the video. Please note, this is for informational purposes only and not financial advice. 📉✅
SPY: Annual OutlookHere is my annual outlook for SPY.
Thanks for watching! And here are the levels I promised in the video:
ARIMA levels:
ETS Point Forecast at Day 252: 602.4311
ETS 80% Upper Confidence Level at Day 252: 733.9343
ETS 95% Upper Confidence Level at Day 252: 803.548
ETS 80% Lower Confidence Level at Day 252: 470.9278
ETS 95% Lower Confidence Level at Day 252: 401.3141
Happy new years everyone!
Litecoin (LTC): Possible Bullish Movement / +20% Happening?Litecoin has a porbability to breakout where we are currently breaking a few major zones like EMAs and resistance on the 4-hour timeframe and Bollinger Bands middle line on the daily timeframe.
Upon seeing a breakout here we might see a move to $130 zones so keep an eye on that one!
More in-depth info is in the video—enjoy!
Swallow Team
QQQ: Annual outlookHey Friends,
Here is the annual outlook for QQQ!
Annual Levels:
Ref: 550.31 (Reference Target)
High 1: 575
High 2: 622.009
High 3: 668.81
Range Ceiling: 725
Low 1: 462.92
Low 2: 420.57
Low 3: 374.57
Range Floor: 322
ARIMA Forecast
Point Forecast at Day 252: 532.2314
80% Upper Confidence Level at Day 252: 707.6069
95% Upper Confidence Level at Day 252: 800.4451
80% Lower Confidence Level at Day 252: 356.8559
95% Lower Confidence Level at Day 252: 264.0177
xauusd yearly break down analysisXAU/USD Analysis: Yearly, Monthly, and Daily Timeframes
Gold (XAU/USD) has always been a popular trading instrument, especially for traders looking to hedge against inflation, economic uncertainties, and currency fluctuations. Analyzing the market trends on yearly, monthly, and daily timeframes can provide valuable insights into price movements and trading opportunities. Below, we’ll break down these timeframes to offer a comprehensive perspective on XAU/USD. FXOPEN:XAUUSD
Yearly Analysis of XAU/USD
Over the years, XAU/USD has shown a consistent uptrend, driven by global economic factors such as inflation, geopolitical tensions, and central bank policies. Gold’s role as a safe-haven asset ensures its demand during times of crisis.
Key Highlights:
Historical Performance:
In the last decade, gold has seen significant growth, peaking during economic turmoil like the 2008 financial crisis and the COVID-19 pandemic in 2020.
Major support levels can be identified around $1,200 - $1,400, while resistance levels lie near $2,000 - $2,100.
Influential Factors:
Interest rates: Higher rates often reduce gold’s appeal, while lower rates support its rise.
Inflation and USD strength: Gold’s inverse correlation with the dollar makes the yearly timeframe critical for observing long-term trends.
2024 Outlook:
With global uncertainties, including inflationary pressures and geopolitical risks, XAU/USD is expected to remain volatile but could maintain its bullish long-term trajectory if economic conditions weaken.
Monthly Analysis of XAU/USD
The monthly timeframe helps identify medium-term trends and pivotal areas for traders.
Key Highlights:
Trend Analysis:
Gold’s monthly movements often align with seasonal trends, such as increased demand during wedding seasons in major markets like India and China.
Breakouts from consolidation zones on the monthly chart typically signal the start of significant moves.
Technical Levels:
Moving averages (e.g., 50-MA and 200-MA) on the monthly chart are key indicators of gold’s direction.
Fibonacci retracement levels from recent highs and lows offer insight into potential support and resistance zones.
Recent Performance:
In 2023, XAU/USD fluctuated between $1,800 and $2,100, reflecting investor uncertainty.
December 2024’s closing price will likely shape the tone for early 2025.
Events to Watch:
Federal Reserve meetings: Rate decisions significantly impact gold’s price.
Monthly inflation data and Non-Farm Payroll (NFP) reports.
Daily Analysis of XAU/USD
For intraday traders, the daily timeframe is crucial for identifying short-term trends and trading opportunities.
Key Highlights:
Price Action:
Daily movements in XAU/USD are often driven by news events, including economic data releases and geopolitical developments.
Candlestick patterns such as Doji, Hammer, and Engulfing provide immediate insights into market sentiment.
Indicators to Use:
Relative Strength Index (RSI): Helps determine overbought or oversold conditions.
Moving Average Convergence Divergence (MACD): Aids in identifying trend reversals.
Bollinger Bands: Indicate periods of low volatility and potential breakouts.
Key Support and Resistance Levels:
Current support lies around $1,920, while resistance is seen near $2,000.
Breakouts above or below these levels could define the short-term trend.
Risk Management:
Due to gold’s volatility, proper stop-loss and take-profit strategies are essential.
Use daily pivots and ATR (Average True Range) to gauge potential price ranges.
Tesla - A Bright Future For Elon!Tesla ( NASDAQ:TSLA ) is creating a textbook break and retest:
Click chart above to see the detailed analysis👆🏻
Over the past couple of months we saw a rally of more than +100% on Tesla, perfectly following the bullish triangle breakout. Therefore it is quite anticipated that we will see a rejection at the previous all time high and a retest of the next support, creating a bullish break and retest.
Levels to watch: $400, $300
Keep your long term vision,
Philip (BasicTrading)
Gold H4 | Potential bearish reversalGold (XAU/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower.
Sell entry is at 2,636.57 which is an overlap resistance that aligns with the 38.2% Fibonacci retracement level.
Stop loss is at 2,670.00 which is a level that sits above the 50.0% Fibonacci retracement and an overlap resistance.
Take profit is at 2,585.26 which is a swing-low support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Silver - Another Textbook Trade For 2025!Silver ( TVC:SILVER ) is again approaching strong support:
Click chart above to see the detailed analysis👆🏻
Silver has now been consolidating for more than 6 months and is slowly but steadily approaching the previous horizontal support. Another retest would perfectly match with the overall bullish trend, the rising channel formation, as well as the fact that Silver will soon catch up with Gold.
Levels to watch: $27.0, $34.0
Keep your long term vision,
Philip (BasicTrading)
BTC Bitcoin: Bullish Breakout! What's the Next Move?🚀💡 Bitcoin's breakout is here! On the 4-hour chart, BTC has surged past its structure, just as we discussed in yesterday's update. Now, all eyes are on a potential retracement into the 50-61.8% Fibonacci zone, setting the stage for a possible buying opportunity. As always, confirmation through price action is key before making any moves. Remember, this is for educational purposes only and not financial advice. 📊🔥
BTC to 124k - Quick ThoughtsBitcoin is currently in a consolidation phase and is simply waiting to expand further toward 124k.
Ideally, we’d like to see the price take out the key low first and then head toward 124k.
If the price ignores the key low and goes straight to 124k, we can be pretty sure it will retrace at that level and then look to take out the key level afterward.
EURUSD and GBPUSD Top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Nvidia - Shocking Everybody Again In 2025!Nvidia ( NASDAQ:NVDA ) will rally another +40% in 2025:
Click chart above to see the detailed analysis👆🏻
For most people, it seems absolutely counterintuitive to witness another parabolic blow off rally on Nvidia and that's exactly why we will see such moves during 2025. Market structure just supports this outlook since Nvidia is still overall bullish and has some room towards the upside.
Levels to watch: $200
Keep your long term vision,
Philip (BasicTrading)
UpdaSolana Ute on Solana - Breakout Has Happened! Where To Next?👀 👉 As highlighted in yesterday's video, we can now observe that Solana has broken structure to the upside on the 4-hour timeframe. This move is unfolding as anticipated, and I’m currently watching for a retracement into the 50-61.8% Fibonacci zone for a potential buy setup. Any buy decision will depend on price action aligning with the analysis discussed in the video. Please note, this is not financial advice. 📉✅
S&P500 - The Next 14 Days Will Decide Everything!S&P500 ( TVC:SPX ) is about to break all resistance:
Click chart above to see the detailed analysis👆🏻
Over the past couple of weeks, the S&P500 has been repeating the major breakout rally of 2021. Back then the S&P500 actually broke above the channel resistance and immediately rallied more than +15%. If we see the confirmed breakout, we will likely see the same thing happening again.
Levels to watch: $6.000, $7.000
Keep your long term vision,
Philip (BasicTrading)