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Lingrid | TONUSDT ongoing Period of MARKET ConsolidationThe price perfectly fulfilled my last idea. It hit the target. OKX:TONUSDT is currently showing a pattern of lower highs and higher lows, indicating that price action is narrowing down, which often suggests a potential breakout. As observed, the market is oscillating between the 5.00 and 6.00 levels, having taken liquidity below the psychological level of 5.00 twice. This may imply that the market is building a range below the 6.00 mark before making a move higher. Given that the price has respected the support level multiple times, I expect it to bounce off this level. If this support holds above it, we could see a gradual move higher, possibly starting in the beginning of next year. My goal is resistance zoen around 6.40
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Uber: Why uber might be the stock of 2025Hello,
Since February 2024, Uber's stock (UBER) has been undergoing a correction, largely driven by concerns over the rise of robotaxi services potentially eroding the market share of traditional ride hailing giants like Uber and Lyft. Notably, Waymo—Alphabet's autonomous vehicle division— recently expanded to Miami and now completes over 150,000 self-driving rides per week. Tesla is also set to enter the space with a planned robo-taxi launch in late 2025.However, Uber is not sitting idle. The company, in collaboration with WeRide, has launched an autonomous mobility service in Abu Dhabi and is targeting fully driverless commercial services by late 2025 in the same region. This demonstrates Uber's proactive strategy to stay competitive in the evolving ride-hailing landscape. Beginning in early 2025, Waymo and Uber will bring autonomous
ride-hailing to Austin and Atlanta, only on the Uber app.
The sharp decline in Uber's stock price—down 34% in recent weeks. The MACD indicator is showing that we shall be having a zero crossover soon hence suggesting that selling pressure may be nearing exhaustion, potentially signaling a trend reversal. The stock appears poised to recover and return to a more balanced supply-and-demand dynamic.
Despite current challenges, we expect Uber to remain resilient and successfully navigate market headwinds. The current price level presents a compelling buying opportunity, with a target price of $100.00 offering significant upside potential for investors who act now.
Goodluck & happy 2025!
GOLD BEARS ARE STRONG HERE|SHORT
Hello, Friends!
GOLD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 2,577.407 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the GOLD pair.
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GBP/JPY SHORT FROM RESISTANCE
Hello, Friends!
GBP/JPY pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 12H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 194.854 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
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BTCUSDT. Daily and 4 hour TF analysisHey traders and investors!
Daily Timeframe Analysis
The price of Bitcoin is in a range on the daily timeframe. The lower boundary is 90,500, and the upper boundary is 108,353 (more details in previous reviews).
The seller's vector 3-4 stopped at the level of 92,232.54. The key bar in the seller's vector (the bar with the highest volume) is the bar from December 19. At the beginning of the seller's vector, a seller's zone was formed with a lower boundary of 103,333 (red rectangle on the chart), and this zone has not yet been tested by the buyer on the daily timeframe. This means there is a high probability of the seller resuming from this zone.
The buyer's vector 4-5 started to develop on December 20, and on December 21, the seller resumed from the key bar of the seller's vector, forming the test level of the key bar of the seller's vector at 99,540.61. Then, the price interacted with the test level, and yesterday, December 26, the seller resumed again. The potential target for the seller could be 92,232.54.
4H Timeframe Analysis
On the 4-hour timeframe, the price is also in a range with similar boundaries to the daily timeframe: the lower boundary is 90,500, and the upper boundary is 108,353.
The seller's vector 13-14 reached the required target, and the buyer's vector 14-15 began to develop with a potential target of 102,800.11.
Summary:
On the weekly timeframe (see previous reviews), there is a long trend. The priority is buying.
On the daily and 4-hour timeframes, there are ranges. It is a priority to look for buys at the bottom of the range and sells at the top.
It is interesting to look for buying opportunities (buy patterns) after the price interacts with 92,232 or 90,500. The potential target is 102,800 (103,333).
I wish you profitable trades.
EURJPY Is Rising Due To The Yen Weakness!!Hey Traders, in today's trading session we are monitoring EURJPY for a buying opportunity around 163.700 zone, EURJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 163.700 support and resistance area.
Trade safe, Joe.
USDJPY Is Approaching The Daily TrendHey Traders, in today's trading session we are monitoring USDJPY for a buying opportunity around 156 zone, USDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 156 support and resistance area.
Trade safe, Joe.
Hardusdt buy opportunity with x20 potentialsHARDUSDT is exhibiting a potential falling wedge pattern, signaling an imminent breakout as it approaches the critical breakout zone.
We should focus on the accumulation zone for strategic entry, as this area offers optimal opportunities to load up. Targets have been clearly outlined on the chart, ranging from short-term gains to the final setup zone.
Ensure steady accumulation and hold for the projected bullish move.
BUY THE DIP!CRYPTOCAP:BTC has sold off and alts have dumped, but you should be calm!
CRYPTOCAP:BTC slipped over 3.75%, and CRYPTOCAP:BTC Dominance has slightly risen.
This made alt-coins dump, but all i see are great buying opportunities.
Sometime in the next 3 months CRYPTOCAP:BTC Dominance will fall.
This will trigger alt-season and 30% + daily candle will become normal.
So just BUY THE DIP, green candles are coming.
Revisiting Dec 23rd: The WXY Correction in PlayOn December 23rd, I shared my observation that Gala was still undergoing a correction. I proposed it might be following a WXY corrective pattern rather than a straightforward ABC correction ( see idea here ). The key distinction is that an ABC correction is a single structure, while a WXY correction consists of multiple corrective structures linked by an X wave, as illustrated above on the 4-Hourly Chart.
Following changes in price action on December 24th, I posted a bullish scenario for Gala. However, it now seems that my original WXY correction analysis from December 23rd is playing out after all—apologies for the premature bullish outlook.
What did I overlook? One metric that has consistently stood out to me on the weekly chart is the Stochastic RSI, which I’ve included in all my posts. It has remained bearish, and ideally, I would prefered it to drop into the oversold region before expecting the next leg up. While it isn’t a strict requirement, historical patterns strongly suggest that this should happen. In my last post, I reluctantly considered the possibility that this time might be different—but I now see that patience is a virtue and just a reminder to trade the charts.
The WXY corrective structure is clearly visible on the 4-hour chart, and I anticipate the following moves:
A drop to weekly support at $0.2961.
A potential further drop to either the 0.786 level at $0.2761 or lower support at $0.0249.
What’s Next?
We are in the final stages of this correction, and it is likely to conclude within the next 7–10 days. My bullish scenario from December 23rd still holds, but it was shared prematurely.
I am actually very happy to see the weekly RSI moving down to the oversold region, history shows that most big moves happen when the weekly is in the oversold region. With most coins being in the overbought area this has been an point of concern for me. I have illustrated this point in this idea - click here .
THE KOG REPORT - UpdateQuick update from us here at KOG:
We're taking it easy over the festive period, however, we've still hit a couple of nice gold longs today with Excalibur and the red boxes guiding us.
We would suggest caution here as we're in the order region so expect there to be some ranging into the close today. Support stands below at the the 2627-5 region with price above looking like it wants to test the Red box resistance if broken.
2640-45 is now a key level!
As always, trade safe.
KOG
The Impact of KULR's Investment & Israel's Bitcoin Mutual FundsThe cryptocurrency market, particularly Bitcoin ( CRYPTOCAP:BTC ), has seen significant movements recently, influenced by both institutional buying and regulatory developments. Two key events stand out: KULR Technology Group's substantial investment in Bitcoin and the upcoming launch of Bitcoin mutual funds in Israel.
Technical Analysis:
Bitcoin experienced a notable "spiral movement," reaching a peak of $99,000 before a sharp 4% dip, settling at around $95,481.85. This volatility can be attributed to immediate market reactions to news like KULR's purchase of 217.18 BTC for about $21 million. The Relative Strength Index (RSI) at 44 indicates a potentially weak growth pattern, suggesting that Bitcoin might be overbought in the short term, prompting traders to be cautious.
The 24-hour trading volume of over $46 billion points to significant interest, yet the downward trend in price despite high volume might signal profit-taking or a shift in market sentiment. This could be interpreted as a consolidation period following a rapid ascent, with investors possibly waiting for more clarity or another catalyst.
The current trend for Bitcoin appears weak, as observed from the RSI and the market's reaction to new institutional investments. This might suggest a period of stabilization or correction is on the horizon before the next potential bull run.
Institutional Adoption
KULR Technology's decision to allocate up to 90% of its surplus cash into Bitcoin, following in the footsteps of giants like MicroStrategy, underscores a growing trend of corporate treasuries diversifying into cryptocurrencies. This move not only legitimizes Bitcoin as an asset class but also potentially influences its price through increased demand.
Regulatory Developments in Israel
The introduction of six Bitcoin mutual funds in Israel, set to launch on December 31, 2024, is a pivotal moment for crypto investments in the region. This development aligns with global trends where regulatory clarity often leads to increased institutional investment. The funds, managed by well-known firms, will offer investors a regulated, less volatile way to gain exposure to Bitcoin, potentially driving further adoption and demand.
The U.S. SEC's approval of spot Bitcoin ETFs earlier in the year has set a precedent, showing that with regulatory support, Bitcoin can attract significant institutional capital. Israel's move might follow this path, enhancing the perception of Bitcoin as a legitimate investment asset, not just a speculative one.
Economic Implications
By allowing transactions in shekels, these funds bridge the gap between traditional and digital finance, making Bitcoin more accessible to the average investor. This could lead to broader economic implications, including increased liquidity for Bitcoin and possibly influencing the digital shekel's development.
Conclusion:
The combination of KULR's bold investment strategy and Israel's innovative approach to Bitcoin through mutual funds paints a picture of a maturing market. Technically, Bitcoin might be facing short-term headwinds, but fundamentally, these developments suggest a robust future. Investors should watch for how these factors play out in terms of price stability, regulatory responses, and further institutional involvement. The narrative around Bitcoin continues to evolve from a digital currency to a recognized financial instrument in both corporate and national strategies.
Solana: It Will Grow But...The big market cap. projects have their own cycle, they all tend to do the same. Many of the smaller projects are moving strong and we will have a look at those soon, but first, let's look at Solana to see what it has to say.
Solana moved back within its consolidation range and this is the accumulation zone. Buyers can accumulate here in anticipation of the next bullish wave and the 2025 bull-market bull-run.
The main level in this range sits at $170 which was activated recently, followed by a small bounce. Here we can see some sideways, some up some down; always remaining within the $170 - $210 range, followed by a strong support level around $143, which is part of the consolidation range.
The range is really big and Solana can easily produce wild swings. We see support around $115. This level isn't likely to be activated but shouldn't be totally dismissed.
The correction started late November and the minimum we get is an ABC. It can take months for this pattern to fully develop. It has been active now for a full 30+ days.
Will Solana enter a bear-market or is this project set to continue on its path of long-term growth?
Yes, it will grow but it takes time... For the next bullish wave it can take an additional 1-2 months.
Thanks a lot for your continued support.
This time can be used to prepare a plan to maximize profits on the way up.
Namaste.
If we tap below the 2 Weeks CLS in to the FVG below 90K then.I buy more...
you are welcome to comment with your thoughts and share your charts or questions below, I like any constructive discussion.
What is CLS?
This company is trading for the biggest investment banks and central banks. They trade over 6.5 trillion daily volume. They are smart money of the all markets.
CLS operates in the specific times which will give you huge advantage and precisions to you entries. Focus on that. Its accuracy is amazing.
Good luck and I hope this educational post helps to become better trader
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
Dave Hunter ⚔
XRP 8X Leveraged Trade ExplainedWe are not there yet we our next leveraged trade for XRPUSDT. The truth is that one wave ended recently and there is always a period of rest between one wave and another. A trading range is established and the lower boundary tends to fail before the next wave. Let me explain.
If the support is set at $1.96, this support can hold as XRP consolidates (sideways). At one point, normally before the start of the next advance, there is a drop below support (support breaks). This drop tends to activate all the stop-loss orders and liquidate over-leveraged traders. After this event is complete, we see the development of a new bullish move.
The arrows on the chart are for illustration only. They depict several variations in which this scenario can develop.
The first impulse ended early December. Then comes the consolidation phase. A period of rest to consolidate all this growth the market experienced.
This consolidation phase can last between 1-3 months. We are thinking around three months based on the Mars retrograde, but this varies wildly between markets and pairs. So instead of focusing on a specific time we focus on the price.
The next advance can take XRPUSDT beyond $4.
We wait patiently, there is always a long rest period between a strong advance and the next leg-up. We are in that period now and XRPUSDT has been sideways for 23 days so far.
The red arrow better illustrates my point. Whenever the major drop is in, that's the signal to go LONG.
Before the drop is in, the market will continue to go sideways and this is when leveraged traders lose the most.
Ignore the SHORT side because the market is bullish.
Thanks a lot for your continued support.
Namaste.
HolderStat | BTC pullback from resistance📉 BTC price fell by 2.6% overnight to $95,840, confirming expectations of a pullback from the key resistance level. At the same time, trading volumes grew by 14%.
📊 Funding rates remain low and open interest in futures rose 0.9% overnight - signs that players are preparing for the next move. Notably, one tracked wallet made a selloff at $98,031, which could indicate profit taking by a major player.
💡 The market is showing signs of localized weakness, but the dynamics of volumes and open interest hint at a possible accumulation of positions. Watch for further support levels and activity of large purses for entry points.
_____________________
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EURGBP Potential DownsidesHey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.83500 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.83500 support and resistance area.
Trade safe, Joe.
AUDCAD Potential DownsidesHey Traders, in today's trading session we are monitoring AUDCAD for a selling opportunity around 0.89750 zone, AUDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.89750 support and resistance area.
Trade safe, Joe.