Though Still Bullish but ...Though Still Bullish but there is a
Bearish Divergence on Monthly as well
as Weekly Time Frame; so one should stay
Cautious.
To remain Bullsih, it should Cross & Sustain
1190 - 1193. & if this level is Sustained, we
may witness 1380 - 1400+.
On the flip side, if 1000 is broken, we may see
Trend Reversal.
Contains image
READY FOR A NEW ATH ❇️♨️ READY FOR A NEW ATH AND CYCLE COMPLETION? ♨️❇️
📊 Latest #Bitcoin Analysis by #Bersipa 📊
🔥 After months of detailed trend analysis, today—December 23, 2024—we bring you the latest update. The analysis suggests Bitcoin is heading toward a new All-Time High and the final cycle peak in the next year!
🔰 Suggested Plan:
✅ Buy Zone: Accumulate in the FWB:83K – GETTEX:92K range over multiple levels.
✅ Sell Zone: Sell 40% at $112K–$124K (two levels). Hold the remaining 20% at your own risk until $138K, then sell.
🔺️ Disclaimer:
⛔️ All trades are made at the trader's own risk.
⛔️ Futures trading based on this or any analysis is highly risky.
📌 Timeline:
While no exact dates can be guaranteed, we anticipate achieving the new ATH and completing the cycle within five months.
🚀 Stay tuned for more updates and trade responsibly!
#Bitcoin #CryptoAnalysis #ATH
Move higher on NVDA (Gex, Order Flow, Price action Analysis)NASDAQ:NVDA major market maker gex is at 140. if we could break above that it could cause them to buy the underlying pushing price higher as they hedge. on top of that retail buying to close shorts from them being constantly wrong will also push this higher. extremely bullish on this especially with it sloping above the 20 weekly ema and a nice pivot possibly creating a leg higher
Wrong Cup & HandleCRYPTOCAP:BTC Now everyone is drawing a cup and handle and saying that ATH is coming soon, why is it not quite so?
📝Let's talk about the pattern first, the cup handle pattern when the asset has a deep drop, after which it recovers and tries to break past highs. Of course, when the price consolidates near resistance and forms a so-called handle, this is a positive signal. After all, the longer the consolidation in front of the resistance zone, the more likely this resistance will not hold.
💡Most take the depth of the cup and say that this will be the growth (300k+), which is not right at all. Here, in the case of #bitcoin, you need to remember that the figures of the technical analysis do not matter much and you need to look at the fundamental analysis and also take into account seasonality.
I expect a break through the resistance not now, but in the coming weeks and definitely a break above 80k in October↗️
THE KOG REPORT - UpdateEnd of day update from us here at KOG:
Decent move so far on Gold with price giving support on the red boxes, pushing up into the first resistance level we mentioned on the KOG Report then allowing the short back down for a clean swoop Monday trade.
Now we have support here and just below at the extension level 2606 which if held should give us the move into the resistance level above which now needs to be monitored for the break. If held, another opportunity to short maybe! Let's see, 2630 again the key level for Xmas Eve.
Bearish below 2660 with targets below 2610 (complete), 2596, 2580 and 2578
Bullish on break of 2660 with targets above 2667 and above that 2670
RED BOXES:
Break of 2625 for 2630, 2635, 2645 and 2660 in extension of the move
Break of 2610 for 2606, 2590, and 2680 in extension of the move
As always, trade safe.
KOG
theta midterm sell"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
Breaking: Joe Biden Might Pardon Sam Bankman, Founder of FTXThe crypto world is abuzz with speculation that President Joe Biden could pardon Sam Bankman-Fried, the founder of the defunct cryptocurrency exchange FTX. Bankman-Fried, sentenced to 25 years for fraud and money laundering, remains a polarizing figure. This speculation is fueled by his substantial political donations to the Democratic Party, estimated to total hundreds of millions. These ties have sparked debate about the potential influence on Biden’s discretion to grant a pardon.
Elon Musk’s commentary has added weight to these rumors, suggesting that such a move could distract from the upcoming power transition to Donald Trump, scheduled for January 20, 2025. Despite the speculation, platforms like Polymarket estimate only a 16% probability of a pardon, underscoring the general skepticism among political traders.
FTT’s Resurgence Amid Bankruptcy Developments
While political speculation swirls, FTX Token ( TSX:FTT ) has seen a remarkable 15% surge in value. This comes after FTX announced plans to begin creditor payouts in early 2025 as part of its Chapter 11 bankruptcy process. The court-approved plan will commence on January 3, 2025, with the first tranche of payments targeting "Convenience Classes" claims. The announcement has buoyed investor sentiment, pushing FTT’s price to $3.28 and its market cap to $1.08 billion, with trading volume surging 170%.
Despite this positive step, FTX’s recovery journey remains fraught with legal and financial complexities. The company’s eventual revival hinges on asset liquidation and the resolution of outstanding legal issues, a process likely to take years.
Technical Analysis of TSX:FTT
FTT’s recent price action highlights a bullish reversal pattern, defying the broader crypto market’s bearish trend. Trading at $3.20, FTT has a bullish RSI of 61.77, signaling strong momentum. Key technical levels include:
- Support: Immediate support lies at the 65% Fibonacci retracement level, providing a cushion for potential pullbacks.
- Resistance: The immediate pivot is the one-month high. A break above this level could ignite a bullish rally, targeting higher resistance zones.
FTT’s resilience amid market uncertainty suggests growing investor confidence, potentially driven by the promise of creditor payouts and speculation about the exchange’s future.
Overview
FTX Token’s value proposition has historically been tied to the FTX platform, offering benefits like fee discounts, staking rewards, and leveraged token creation. However, with FTX’s bankruptcy, the token’s utility has diminished. The recent price surge reflects speculative interest rather than intrinsic value, as the token’s future remains uncertain.
FTT Token Overview
- Launch: May 8, 2019
- Utility: Discounts on trading fees, staking rewards, and collateral for leveraged positions
- Current Status: Associated with a defunct platform, under Chapter 11 proceedings
Investor Caution
While the recent rally is promising, investors should approach TSX:FTT with caution. The token’s price movements are heavily influenced by speculative trading and bankruptcy developments. Moreover, the potential for token liquidation to pay creditors poses a significant risk to its value.
Conclusion
The dual narratives surrounding Sam Bankman-Fried’s potential pardon and FTX’s bankruptcy proceedings underscore the complexity of the situation. For TSX:FTT , the path forward is uncertain, balancing speculative optimism against the harsh realities of a defunct platform. Investors should closely monitor legal and market developments to navigate this volatile landscape effectively.
BullishBullish on All Time Frames.
Strong Bullish Divergence on Weekly TF.
However an Important Resistance is around 15.70 - 16.
If Crossed & Sustained with Good Volumes, we
may witness 18 - 19.
Bearish Divergence on Daily TF may show some
Selling pressure.
In Simple Words: Stock is Good to Hold with Proper
Stoploss (as per your own Risk appetite.)
For Fresh Entry, following ranges can be considered
1. 14 - 14.15
2. 12 - 12.10
GOLD 4H CHART ROUTE MAP UPDATEHey Everyone,
Great start to the week with our chart idea playing out, as analysed.
We started the day with our Bullish target hit at 2629 with no cross and lock above confirming the rejection.
We are now seeing price head towards the bearish gap below. We are looking for price to stay supported above this level to continue to use our smaller timeframes for entries to buy dips, unless we see a cross and lock below 2600, in which case the lower range will open up.
We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGET
2629 - DONE
EMA5 CROSS AND LOCK ABOVE 2629 WILL OPEN THE FOLLOWING BULLISH TARGET
2655
EMA5 CROSS AND LOCK ABOVE 2655 WILL OPEN THE FOLLOWING BULLISH TARGET
2694
EMA5 CROSS AND LOCK ABOVE 2694 WILL OPEN THE FOLLOWING BULLISH TARGET
2726
BEARISH TARGETS
2600
EMA5 CROSS AND LOCK BELOW 2600 WILL OPEN THE FOLLOWING BEARISH TARGET
2561
EMA5 CROSS AND LOCK BELOW 2561 WILL OPEN THE SWING RANGE
SWING RANGE
2518 - 2486
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
BUY BUY BUY!You shouldn't care about the sell-off today.
CRYPTOCAP:BTC is slipping, and so is CRYPTOCAP:BTC Dominance!
This means money is flowing into altcoins!
But, altseason is not here yet, it's coming.
#VIRTUAL is up 8% and GETTEX:HYPE is on sale!
I'm buying the dip you should too.
JUST HODL and don't panic sale!
#ALTSEASON IS COMING!#TOTALALTCOINS CUP & HANDLE BREAKING BULLISH! 🔥👇
The Total Altcoin Market Cap has formed a massive **Cup & Handle pattern** on the weekly chart, and it's breaking out bullish! 🚀
With the breakout confirmed, the market is targeting a massive move toward **$1.72T**, representing a 531% increase! Altcoins are showing incredible strength—keep an eye on the market as it sets up for a potential mega rally!
#Crypto #Altcoins #BullRun2025
doge long midterm"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
"Trust The Wisdom ""Picture me, the Talking Tree, branching out into the world of finance! I made like a squirrel and went long on some stocks - figured I'd grow my portfolio like a sturdy oak. If the market keeps climbing, I'll be swinging from the branches with joy. If not, well, I'll just leaf it to fate and hope for some sunny days ahead!"
USOIL Set To Fall! SELL!
My dear subscribers,
This is my opinion on the USOIL next move:
The instrument tests an important psychological level 69.50
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 69.04
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
GBPCHF Expected Growth! BUY!
My dear friends,
Please, find my technical outlook for GBPCHF below:
The instrument tests an important psychological level 1.1207
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.1260
Recommended Stop Loss - 1.1178
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
CHFJPY Trading Opportunity! SELL!
My dear subscribers,
CHFJPY looks like it will make a good move, and here are the details:
The market is trading on 174.84 pivot level.
Bias - Bearish
My Stop Loss - 175.91
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 172.92
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
"Edible Garden: Growing Profits, One Leaf at a Time!"From farm to fork, this green thumb’s a perk. Hydroponic dreams and sustainable schemes, EDBL grows veggies that thrive in beams. With a float so lean and shorts so mean, will this leafy stock make the market gleam? Invest now before it’s a mainstream theme!
EURGBP What Next? SELL!
My dear subscribers,
My technical analysis for EURGBP is below:
The price is coiling around a solid key level - 0.8295
Bias - Bearish
Technical Indicators: Pivot Points Highanticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 0.8273
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK