GBPAUD My Opinion! SELL!
My dear friends,
Please, find my technical outlook for GBPAUD below:
The price is coiling around a solid key level - 2.0203
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 1.9886
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
———————————
WISH YOU ALL LUCK
Contains image
GBPJPY My Opinion! SELL!
My dear friends,
My technical analysis for GBPJPY is below:
The market is trading on 1.1373 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable GBPJPY continuation.
Target - 1.1313
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
———————————
WISH YOU ALL LUCK
Ethereum: Triangle Consolidation with Potential Breakout Targetswhat happened:
Double Top Formation:
A bearish reversal pattern is marked, showing two peaks at similar levels.
After completing the pattern, the price dropped sharply to meet the "target of double top" near $3,150.
Now:
Symmetrical Triangle:
The price is consolidating in a symmetrical triangle pattern.
This pattern is typically neutral and indicates potential breakout opportunities, either upwards or downwards.
Resistance Levels:
$3,550: This is the horizontal resistance line formed by the upper boundary of the triangle and previous consolidation highs.
$3,870: The "target of triangle" is projected upon a potential bullish breakout, calculated by measuring the height of the triangle.
Support Levels:
$3,320: Immediate support is found near the ascending trendline forming the triangle's lower boundary.
$3,150: Previous support zone after the completion of the double top.
Price Projection:
Bullish Scenario:
If the price breaks above $3,550, the next target is $3,870, aligning with the triangle breakout target.
A continuation of the uptrend could follow as higher lows are forming.
Bearish Scenario:
If the price breaks below $3,320, the next support is near $3,150.
A further decline could lead to retesting $2,960 or lower.
____________________________
Current Outlook:
The price is moving sideways within the triangle, reflecting a phase of indecision.
Traders should watch for a breakout above or below the triangle to confirm the next trend direction.
Just In: BGB Set for Breakout as Bitget Conclude 800M Token BurnThe cryptocurrency market has been abuzz with excitement following Bitget’s monumental token burn. The event has set the stage for a potential breakout in the price of Bitget’s native token, $BGB. With both technical and fundamental factors aligning, market participants are optimistic about what’s next for the asset.
Tokenomics Boosted by Massive Burn
Bitget’s decision to burn 800 million BGB tokens, equivalent to 40% of its total supply, marks a significant step in strengthening the token’s value proposition. The burn, worth approximately $5.2 billion, was executed through five multi-sig wallet addresses, as confirmed by on-chain tracker @ai_9684xtpa. Key wallets involved in the burn include addresses such as (0x2dd), (0xe36), and (0x255), as reported by Arkham.
This move aligns with Bitget’s updated tokenomics strategy outlined in its latest white paper. By reducing the token’s supply, Bitget is adhering to the fundamental economic principle of supply and demand. With fewer tokens in circulation, the potential for price appreciation increases, especially as demand grows within the platform’s ecosystem.
Adding to the bullish sentiment, Bitget has unified its ecosystem by merging the BWB and BGB tokens. This strategic consolidation is expected to enhance utility and simplify the user experience, further bolstering market confidence.
Technical Analysis
As of the time of writing, NYSE:BGB is trading at $6.23, down 0.86% intraday. Despite this minor decline, the token has shown impressive weekly gains of 56%, reflecting strong bullish momentum.
The current price action places NYSE:BGB within the 38.2% Fibonacci retracement level, which serves as a minor support zone. However, the major support lies at the 61.8% Fibonacci retracement level. This psychological level is crucial, as it has historically acted as a “buy zone,” shaking out weak hands and attracting liquidity. A bounce from this level could trigger significant upward movement.
On the resistance side, the immediate target is the recent high of $7.19. A breakout above this level could pave the way for a retest of higher levels, fueled by renewed market optimism and robust tokenomics.
Market Sentiment and Broader Implications
The broader market’s recent volatility has impacted NYSE:BGB ’s price, yet the token’s fundamentals remain strong. The successful token burn and the unified ecosystem have injected fresh optimism into the community. These developments, combined with NYSE:BGB ’s technical setup, position the token for potential phenomenal gains in the near future.
Looking ahead, market watchers are closely monitoring NYSE:BGB ’s price action as it navigates critical support and resistance levels. With reduced supply and an improved ecosystem, NYSE:BGB is well-poised to capitalize on the next bullish wave in the crypto market.
Conclusion
Bitget’s 800M token burn is a landmark event that underscores the exchange’s commitment to enhancing NYSE:BGB ’s value. While the token’s price currently consolidates, both technical and fundamental indicators point toward a potential breakout. As the market digests these developments, NYSE:BGB remains a token to watch for investors seeking exposure to innovative and fundamentally sound crypto assets.
NZD/USD BUY SETUP! This pair is presenting a solid buying opportunity with an excellent risk-to-reward ratio! The technicals align perfectly for a bullish move, supported by key levels and momentum signals.
📌 Reminder: Always trade with a stop-loss to protect your capital. Manage risk wisely and let the market do the work.
Let’s aim for profits while staying smart and safe! 💰
Benner's cycle tops Benner Cycle is a chart depicting market cycles between the years 1924 to 2059. The chart was originally published by Ohioan farmer Samuel Benner in his 1884 book, "Benner's Prophecies of Ups and Downs in Prices".
The chart marks three phases of market cycles:
A. Panic Years - "Years in which panic have occurred and will occur again.
B. Good Times - "Years of Good Times. High prices and the time to sell Stocks and values of all kinds.
C. Years of Hard Times, Low Prices, and a good time to buy Stocks, 'Corner Lots', Goods, etc. and hold till the 'Boom' reaches the years of good times; then unload.
Bitcoin Sideways Continues (How To Trade —Quantum Entanglement) It doesn't matter how much we think this through; It doesn't matter how much we change our positions; Bitcoin continues sideways. Sideways means consolidation, consolidation means that we are going up when the consolidation is done.
Good morning my amazing you!
I am hoping you are now having an amazing tomorrow, and I am hoping you have a great blast on years end.
Happy new Moon... Let's get to the Bitcoin, the chart and the Altcoins market.
Thanks a lot for your continued support.
Namaste.
___
The market is "bearish." In a sense. You could say the market is depressed somehow, slow. This is true. So think of this, we have pairs growing 2-3 digits green. Many are breaking up two digits green daily and this is when the market is "bearish" and kind of depressed. This is a very strong bullish signal.
If these Altcoins, smaller ones; hidden gems, can grow this strongly while the broader market retraces and consolidates, while it is weak, what do you think will happen when the market enters confirmed bullish mode? What do you think will happen when the market starts to advance with full force?
Exactly! Maximum growth.
The time is now! Why I insist?
Just go back to 2020 or simply August 2024; wouldn't it be nice to buy at the bottom, which opens the opportunity to sell at the top?
We are in this situation once more. Most of the market is mainly on the buy zone. This period can last, say 2-6 weeks, or it can be over next month and the market grows. The time is now.
I am just here giving you a friendly reminder before the event takes place. The event is a major marketwide advance, a huge bullish wave.
I am here to remind you that Cryptocurrency needs your attention now because it will soon enter a major phase of growth. I know you know, so get to work.
Bitcoin has been going sideways and trading volume has come to a halt. A strong drop in trading volume can ignite the next move. We have mainly mainly two scenarios: (1) A break toward the upper boundary of the trading range just to continue with more sideways. (2) A move with a wick below support just to quickly recover; liquidity hunt, stop-loss hunt event and then fast back up.
Yes, I can continue to believe that Bitcoin will grow, but this sideways period can produce shakeouts on both ends, down and up. We use low lev. at first and only increase when the next move is confirmed. For the majority of the traders, participants, spot is the best choice.
Think of this one. It is possible to put in $5000 with 2X and earn a safe profit on a position, rather than using $500 with 10X. This is possible if your capital allows.
It is possible to put $10000 on a spot position, no leverage; and basically eliminate all risk. The worst case scenario is a long wait. $10000 with high leverage can result in a $10000 loss. $10000 trading spot can result in easy money when the market grows; but patience is key.
You don't have to track the drop, the weekly, the monthly or the "stop-loss." This is not necessary at all. You buy and hold focusing on the long-term. When the market is green, you can decide to hold a little bit longer or to sell. If undecided, you can sell just a small portion, 5%, 10%. See how you feel. You don't have to close the full position, you don't have to sell everything at one time in one go. We have flexibility, keep this in mind and make sure to plan before you open too many positions or you can get lost when the market moves.
Say you have many positions with a great entry price and you are green and everything is great. But no planning. Then comes a correction and the market is down 20%. Your paper profits are disappearing but nothing is wrong. When the market drops another 10% you start to panic, but with so many positions you don't know which ones to keep, which ones to close. Of course, the best course of action is to sell at resistance when prices are up, this would eliminate all anxiety and worry when a correction develops and it opens the doors to buy more. But if you missed the chance for lack of planning, learn from this mistake and make sure to do it right on the next move.
We still have a long way to go. Mistakes will be in the zone of selling too early or holding for too long. Even when we make mistakes in 2025 our balance will grow. Don't let this fool you, you can be losing money by reducing your potential gains. Sometimes we can earn many, many times more by just holding rather than trying to trade.
If you don't know what you are doing, that's ok, just buy and hold.
If you have an idea of what you are doing...
Thanks a lot for your continued support.
Namaste.
Solana With Lev (3-7X) —Strategy Revealed, Secrets Exposed & ...Let me explain my thinking here. This might give you some ideas or you might find this information useful in some other way. However you use it, is completely up to you. My intentions are light and life. Regardless of what the market does and what happens now and in 2025, I am truly rooting for your financial growth and personal success. I want we all to grow, truly; and we've been doing this for a long time but there can be more. We are on the verge of a major bull-market, and right now is the time, a great opportunity, to prepare your positions, to build your portfolio, to later enjoy amazing growth.
Today is a new Moon day. This is the last new moon of the year.
The new Moon is a time to set intentions. Let's do it together. We want mental clarity for better decision making when trading. We want financial growth, health, wealth and success. We accept tons of profits in 2025 and beyond. And we will continue to share, communicate and trade together long-term.
Shall we get to this chart?
Thanks a lot for your continued support.
We are already LONG SOLUSDT (Solana) with leverage. We are using between 3-7X. Leveraged trading is for experienced traders only.
How we are doing it with this one is by developing an entry range. We have this range, shown on the chart, where we use to buy and accumulate. There are no mistakes. The only mistake that can be made is using too much leverage. If we put in too much lev., the market will sniff us out and move to liquidate our position, so we keep it small. When the next move is in, this is will be confirmed by very strong bull (green) volume, we can maximize leverage but still, within reasonable numbers. Never putting ourselves (our money) at risk.
It is better to earn a safe and secure 200% on a small rise, than earn 500% on a position that is weak and filled with anxiety. Sometimes we can get this anxiety filled 500% but in the majority of cases it will result in a loss. While the well thought-out position will give us peace of mind, great profits and the ability to continue to play long-term. This continuing to play long-term is what we need. If you can win 10%, over and over, again and again; you already did it. The big waves and big profits will come in, trust me, but for this you have to have capital and the capital is protected and secure by using very low risk. When in doubt, reduce leverage (trim your position) or go spot.
Opportunities are endless so you can never go wrong. Say you reduce your position and the market advances, never think that you made a mistake or you missed on some profits. It can truly be that the market can only advance because you reduced your position. Thousands of people did the same and thus there is less greed, less weight so the market can move ahead. It is a pretty advance game. If the participants become greedy, the market can see this and moves to remove this greed. When the players are strong and secure in their positions, the market is happy and it grows. The grows translate into winning trades and success for us.
Let's get back to Solana. The only mistake that can be made is using too high leverage. You can literally start with 1X or 2X. You don't have to be 100% right and that's why you start small. When the next advance is on, the signals will be pretty clear and I will be here posting, at this point we push the gas, so to speak, as there is no going back. There is a certain point when the next move is decided so the market can no longer adapt. If you stay out and vigilant, you can catch those moves and that's when the big profits are made. Trying to catch small swings can result in whipsaw and missing the bigger wave.
The best example I have is with XRP and ADA. We ignored everything but when the market started to move, we hit the gas. Now they are ignored again, when they are ready to move again we go back. But it always takes time before one and the next wave. I hope you are following me and my thinking here.
(By the way, if I sound condescending, egotistical or arrogant, please ignore this. I am just trying of being very straight forward so my full thinking can come-out and from this you can reach your own conclusions —leave and take. Leave what you don't like, take what resonates.)
We have two ways mainly to approach this trading pair: (1) We can wait for the advance, as previously mentioned, to be confirmed through major bull volume. (2) We can start with very low leverage and increase when things become obvious. When it happens, it becomes obvious when it is happening.
One factor to keep in mind is that it tends to happen by surprise, as if out of nowhere. But if we are working daily on our devices, there is so much time to take action that there is zero need to rush (keep calm). There is no need ever to panic (keep confident) and the market always offers a second chance (right now we are seeing great entry prices all across before the next bullish wave).
You see? The only way to lose is to give up. If you keep trying, open of course to recognizing your mistakes and learning from them, you will continue to improve and without a shred of doubt, you will achieve your goals and financial success.
Cryptocurrency is the stock market for the people. It is live and open, everybody can participate.
Welcome to 2025. It will be an amazing year... I will be here with you.
Thank you for your support. We are only days away.
Thank you for reading.
Should we get back to work?
Namaste.
Adventure Gold AGLD price medium-term tradeWe don't know who “breathed life” into #AGLD and why)
⁉️(If you know, write in the comments), but the “strength” in the asset is visible, so you can trade.
But given the fact that we expect a possible price drop 💰 CRYPTOCAP:BTC ⬇️
📊and it is not fully known how altcoins will react to such a maneuver.
Therefore, for now, we are ready to try the OKX:AGLDUSDT trade like on the chart with a very low pending limit order.
And then we will adjust and maneuver according to the situation)
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
Nothing !!!The price is currently within a triangle and will reach the end of the triangle in the coming days. At that point, we should look for a position, considering two scenarios: one is that the triangle breaks upward and the price rises to the 0.382 Fibonacci line, and the other is that the triangle breaks downward and the price drops. However, we must consider the "father" of this coin, Toncoin, which plays a significant role in valuing this coin.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Common Mistakes in Forex Trading: How to Avoid ThemForex trading is the largest and most liquid market in the world, but precisely because of this, it is also one of the most complex and challenging. Many traders, especially beginners, often make mistakes that can jeopardize their profits or even wipe out their capital. However, with proper planning and greater awareness, it is possible to avoid the most common pitfalls and build a successful trading career.
In this guide, we will explore the 10 most frequent mistakes in Forex trading and provide concrete strategies to overcome them.
1. Not Having a Trading Plan
A trading plan is essential for any trader. Without a clear plan, it is easy to get carried away by emotions, make impulsive decisions, and lose money.
An effective trading plan should include:
Trading goals: Decide how much you want to earn and within what timeframe.
Risk tolerance: How much are you willing to lose in a single trade?
Entry and exit rules: Set criteria for opening and closing a position.
Capital management strategy: Determine how much of your capital to invest in each trade.
Practical example: if your goal is to earn 10% in a month, the plan should specify how many trades to make, which currency pairs to monitor, and the risk levels for each trade.
2. Inadequate Risk Management
A common mistake is risking too much capital in a single trade. This is a fast way to lose all your money. A good rule of thumb is to follow the 1-2% rule, meaning you should not risk more than 1-2% of your capital on a single trade.
For example, if you have a capital of €10,000, the maximum risk per trade should be between €100 and €200. This approach allows you to survive a series of consecutive losses without jeopardizing your account.
Additionally, it is essential to diversify your trades. Avoid focusing on a single currency pair or a specific strategy to reduce overall risk.
3. Not Setting Stop-Loss Orders
Stop-loss is an essential tool to protect your capital. It allows you to limit losses by automatically closing a position when the market moves against you.
Many traders, out of fear of closing at a loss, avoid setting stop-loss orders or adjust them incorrectly. This behavior can lead to losses much larger than expected.
Effective strategy: Set the stop-loss level based on your trading plan and never change this setting during a trade. For example, if you are trading EUR/USD and your risk level is 50 pips, set the stop-loss 50 pips away from the entry price.
4. Excessive Trading (Overtrading)
Overtrading is a common mistake, especially among beginner traders. The desire to "make money quickly" leads many to execute too many trades, often without a clear strategy.
Each trade comes with costs, such as spreads or commissions, which can quickly add up and reduce profits. Furthermore, excessive trading increases the risk of making impulsive decisions.
How to avoid it:
Stick to your trading plan.
Take a break after a series of trades, especially if they have been losing trades.
Set a daily or weekly limit on the number of trades.
5. Using Too Many Indicators
Many traders rely on a multitude of technical indicators, hoping that more information will lead to better decisions. In reality, excessive use of indicators can create confusion and conflicting signals.
It is better to choose 2-3 indicators that complement each other. For example:
Moving Average to identify trends.
RSI (Relative Strength Index) to measure market strength.
MACD (Moving Average Convergence Divergence) to identify entry and exit points.
6. Not Understanding Leverage
Leverage is a powerful tool that allows traders to control large positions with relatively small capital. However, it can amplify both profits and losses.
Many beginner traders use excessive leverage, underestimating the risks. For example, with 1:100 leverage, a small market fluctuation can result in significant losses.
Practical advice: Use low leverage, especially if you are a beginner. Start with leverage of 1:10 or 1:20 to limit your risk exposure.
7. Ignoring Economic News
Economic and political events have a profound impact on the Forex market. Ignoring the economic calendar is a serious mistake that can lead to unexpected surprises.
For example, interest rate decisions, employment data, or monetary policy announcements can cause significant market movements.
Strategy:
Regularly check an economic calendar.
Avoid trading during high-volatility events unless you have a specific strategy for these scenarios.
8. Not Backtesting Strategies
Backtesting is the process of testing a strategy on historical data to verify its effectiveness. Many traders skip this step, entering the market with untested strategies.
Backtesting allows you to:
Identify strengths and weaknesses in your strategy.
Build confidence in your trading decisions.
There are numerous software and platforms that allow you to perform backtesting. Be sure to test your strategy over a long period and under different market conditions.
9. Uncontrolled Emotions
Fear and greed are a trader's worst enemies. Fear can lead you to close a position too early, while greed can make you ignore exit signals.
To manage emotions:
Establish clear rules for each trade.
Take regular breaks from trading.
Consider using a trading journal to analyze your decisions and improve emotional control.
10. Not Staying Updated
The Forex market is constantly evolving. Strategies that worked in the past may no longer be effective. Not staying updated means falling behind other traders.
Tips to stay updated:
Read books and articles about Forex.
Attend webinars and online courses.
Follow experienced traders on social media and trading platforms.
Conclusion
Avoiding these mistakes is the first step to improving your performance in Forex trading. Remember that success requires time, discipline, and continuous learning. Be patient, learn from your mistakes, and keep refining your skills.
Happy trading!
Lingrid | Gold Weekly Market Outlook: Ongoing ConsolidationOANDA:XAUUSD market spent another week in the consolidation zone, oscillating between key levels before bouncing off 2630 and pulling back. During the holiday-shortened week, trading volume was naturally reduced, and the market is now testing a crucial support level. The current market structure suggests a slightly bearish sentiment, particularly after breaking and closing below the previous higher low at 2605 last week.
On the weekly timeframe, price action formed another doji candle, suggesting a potential breakout from either its high or low next week. Price continues to trade within the previous week's range between 2585 and 2665. The final monthly candle of 2024 may close as a bearish candle with a long tail, indicating the possibility of a deeper pullback.
With relatively few high-impact news next week, the market is likely to continue moving sideways for the next couple of weeks. We can expect increased market noise until we see a clear trend. However, if price breaks below the previous support at 2585, the price may drop to 2500. While the long-term uptrend remains intact, the market appears poised for a continued pullback in the short term.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
AAPL Bearish?Apple's weekly chart closed with a shooting star candle, while smaller timeframes are still holding at trendline support.
As a major weight in the Nasdaq, Apple's performance has a notable impact on the index. Looking at its weekly chart, the stock broke out of the June-to-October consolidation range earlier this year, kicking off a strong upward trend. However, last week's shooting star candle, combined with the price being far above the 50-week moving average, is a signal worth noting. Historically, similar candles have appeared during pullbacks following Apple's major rallies.
Shifting to the 2-hour chart, we see the price steadily climbing within a trend channel, maintaining a healthy uptrend. As long as it stays above the 252 level, which aligns with both the trendline and the 50-period moving average, the short-term trend remains intact, and the broader uptrend is still in place.
The key level to watch is 252. A break below this level could lead to a dip toward the 246.5 area, which aligns with prior lows. Only if these supports fail would we see a more significant pullback in play.
#ETH complex consolidation phase📊#ETH complex consolidation phase 📊
🧠From the perspective of the chart, the expectation of the descending triangle still exists. If the resistance level of 3550 is not broken, we need to be alert to the possibility of further correction.
➡️In view of the expectation of the correction, I found a short signal yesterday. After successfully completing TP2, it rebounded. It was a pity that the short force could not be continued.
➡️Next, we need to patiently observe the breakthrough of either side. The retracement after the breakthrough is the new trading opportunity we need to pay attention to.
🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don't miss out on any signals and analyze 💯
BITGET:ETHUSDT.P
Breaking: $ELONIA surged 310% for the past 10 daysThe Solana-based memecoin $ELONIA has experienced a remarkable surge of 310% over the past ten days, despite trading amidst low volume. The coin, themed around the playful meta of Elon Musk and the Just elected U.S. President Donald Trump, has captivated the crypto community with its humorous and creative premise.
The Origin of $ELONIA
$ELONIA, inspired by a fictional relationship between Elon Musk and Donald Trump, has gained traction as a pure meme token. The community-driven project leverages AI-generated content depicting Musk as Trump’s wife, creating a unique and amusing narrative. With a Telegram community boasting over 100,000 members, the project’s growth highlights the power of memes and grassroots engagement in the crypto space.
Community Momentum
The $ELONIA community has shown dedication, working tirelessly to bring their meta to life. Their efforts, combined with creative content and an active online presence, have fueled the token’s popularity. This vibrant ecosystem exemplifies the role of community in driving adoption and maintaining momentum for meme-based cryptocurrencies.
Trading and Market Activity
Where to Buy $ELONIA: The token is traded on decentralized exchanges, with Raydium being the most active platform. The ELONIA/SOL pair has recorded a 24-hour trading volume of $15,373.14.
- Trading Volume: Recent market activity shows a -40.60% decrease in trading volume, signaling a temporary decline.
- Market Cap: $ELONIA’s market cap stands at $9,892,449, ranking it #1793 on CoinGecko. With 68 billion tokens in circulation, its fully diluted valuation (FDV) matches the market cap.
- All-Time High/Low: The token’s all-time high of $0.0001694 was recorded on December 5, 2024, while the all-time low of $0.00003451 occurred on December 19, 2024. Its current price is 14.59% below the ATH but 319.32% above the ATL.
Technical Outlook
$ELONIA is currently trading within a rising trend pattern, reflecting bullish momentum. However, caution is advised as the Relative Strength Index (RSI) is overbought at 81, suggesting a potential pullback.
Support Levels:
- Minor support: 38.2% Fibonacci retracement level.
- Major support: 61.8% Fibonacci retracement level, likely viewed as a key buy zone for traders.
With a market cap under $50 million, $ELONIA remains in its early stages, offering significant growth potential for early adopters. The $ELONIA project’s foundation lies in its community and humor, which have propelled it into the spotlight. By leveraging Solana’s scalable blockchain, $ELONIA benefits from low transaction fees and fast processing times, making it an attractive choice for meme enthusiasts and traders alike.
Performance Comparison
In the last seven days, $ELONIA has outperformed the global cryptocurrency market and its meme token peers:
- $ELONIA: +129.60%
- Global Market: -1.60%
- Meme Tokens: +3.90%
Conclusion
$ELONIA’s explosive growth and unique narrative underscore the evolving dynamics of the crypto market. While its overbought RSI suggests a potential short-term correction, the token’s strong community and innovative concept position it for continued success. Traders and enthusiasts should watch for key support levels as potential entry points, as $ELONIA’s journey is far from over.
#BTC new structural evolution📊#BTC new structural evolution📉
🧠From a cyclical perspective, the 4h-level bullish structure is likely to fail, so seeking a trend reversal requires building a larger-level bullish structure.
➡️Given the existence of the bear flag, we expect further pullbacks, but we are currently on the edge of the bear flag and there is a risk of rebound, so it is best to wait for a rebound before considering shorting.
➡️I found a bullish signal in a smaller cycle, and now I have set up a risk-free, let's see if the market meets expectations.
🤜If you like my analysis, please like💖 and share💬
💕 Follow me so you don't miss out on any signals and analyze 💯
BITGET:BTCUSDT.P
WINkLink | WINUSDT +36,500% POTENTIALHey everyone! If you missed OM Coin, which saw an 18,000% increase in value over the course of a year—trading at $0.025 in December 2023 and recently reaching a high of around $4.60—this is an example of such huge gains. Some people thought it was impossible in 2023, but it already happened in 2024. With altcoin season ahead, I’m considering a potential 36,500% gain in WINkLink Coin, which seems possible since its previous high was $0.00297 in April 2021. Such gains could be achievable in 2025.
This is the last chance to get the Altcoins at the low before 2025.
This is the last chance to buy-up before massive growth.
This is not financial advice, just my thoughts. I recommend doing your own research before making any investment decisions. Feel free to share your ideas in the comments below. Thanks!
Are we going to fill or tap the closest gap for Bitcoin?At the current price point, Bitcoin shows signs of consolidation
On the daily chart, price has tested the 50-day moving average multiple times, suggesting this level around $93,147 is a key support. However, the recent bounce from this support has been weaker, indicating potential further downside or consolidation.
On the 6-hour timeframe, price is trading below both m_rvwap and w_rvwap.
If we fail to reclaim or we get rejected at 96k, higher chance we retest 87.3k to sweep those local lows.
We have FVGs or imbalances below. The question is, are we going to fill or tap the closest gap at 81.7k?
The FVG is often seen as a price zone where the market has not fully absorbed all the information, leading to abrupt price changes. Given the current technical setup, there's a possibility that BTC might revisit or "fill" this gap, especially if the market continues to show bearish signals or if the current consolidation leads to a deeper correction. However, filling an FVG is not guaranteed and depends heavily on market dynamics at the time.
The current analysis suggests a cautious short-term outlook with a potential for testing lower levels due to the observed bearish signals. The 81.7k level, could indeed act as a magnet for price action due to historical significance or technical confluence. However, whether BTC will "tap" this level depends on broader market sentiment, incoming news, and the reaction to key support level at 93.6k.
Hellena | Oil (4H): Short to support area at 66.867.Colleagues, oil has been in a sideways movement for the last month and is not living up to our expectations, but I still believe that the price will start a downward movement to the support area at 66.867.
Now the price is in a complicated wave movement, which I named (A, B, C). In fact, the movement is more complicated, but I will not describe the rules of the Leading diagonal now.
So I expect that the price will reach the area of 72, complete wave 2 and start a downward movement.
But there is a variant when the price will start the movement at once.
Therefore, I do not recommend long positions.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!