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XAUUSD. Analysis of the daily timeframeHey traders and investors! Let me remind you, on the daily timeframe, there's a range. The upper boundary is 2726.295, and the lower boundary is 2536.855. The current seller's vector 6-7 has reached the first target of 2605.31, and the price has nearly hit the second target of 2581.445. The seller’s daily bar on December 18th showed good volume and spread. It is risky to look for short trades now since the price is at the lower end of the range. You can search for buying patterns as an idea for the buyer's vector 7-8 with a potential target of 2721.42. However, there are two factors to consider: 1. The seller’s daily bar from December 18th with good volume and spread indicates strong sellers, from which a seller could resume. To find a buying pattern, it would be ideal for the seller to resume from this bar (e.g., on the hourly timeframe) and be overcome by the buyer. 2. The price has not yet touched the buyer's zone (green rectangle on the chart), with its upper level being the second target (2581.445). To find a buying pattern, it would be ideal for the price to enter the buyer's zone and see the buyer's resumption from there. If both factors are met, the likelihood of a successful buying pattern will be significantly higher—observing the seller's resumption, the touch of the buyer’s zone, and the buyer’s resumption. I wish you profitable trades.
OANDA:XAUUSD
by AlexeyWolf
Lingrid | GOLD Weekly Market Technical AnalysisThe recent movement in the OANDA:XAUUSD market indicates a period of consolidation after the initial upward momentum and the following pullback suggests that the market may not yet be ready to continue rising. It is important to note that the market is still trading within the range of the previous monthly candle. If you look at the last few months of the previous years you will notice that the market has usually been in sideways movement. This may be what is happening in the current market. On the weekly timeframe, the market has formed a long-tailed bar, which resembles a fakey bar reversal pattern. This indicates that the price made a false breakout above the two previous weekly highs. Such a pattern suggests the possibility of the price moving below last month’s low towards the support level around 2530. On the daily timeframe, the price action is showing lower highs and higher lows, thus creating a triangle pattern. This pattern is typically viewed as a trend continuation pattern. However, due to the fakey pattern on the weekly, there is a likelihood that the price may move lower. Overall, I anticipate that the price to fall if the market breaks below the weekly low at 2,627. Additionally, with next week packed with high impact news expected to increase volatility, it is crucial for us to remain vigilant. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
OANDA:XAUUSDShort
by Lingrid
27
Lingrid | GOLD Potential Channel BREAKOUT. ShortOANDA:XAUUSD is moving sideways after the recent bearish momentum, forming small range candles which means a pause before the next move. Based on the current behavior, I think the market may initially move above the previous day's high before turning lower towards the support level at 2600. Additionally, the price is testing a global upward trendline that I noted in my previous forecasts. If the upcoming news does not alter the short-term market direction, I expect the price to gain bearish momentum as it approaches the support level. My goal is support zone around 2606 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
OANDA:XAUUSDShort
by Lingrid
9
Lingrid | EURCAD Divergence At the Strong RESISTANCE zoneThe price perfectly fulfilled my last idea. It hit the target. FX:EURCAD made upward extension, moving above the psychological level at 1.5000. On the daily timeframe, the price has reached a strong resistance zone, which may trigger a price rebound as sellers start to step in. On the 1H timeframe, there is a bearish divergence that reinforces this bearish outlook. I expect the market to move below the psychological level. Additionally, the market formed a ABCD move and after the completion usually the markets pull back. Therfore I expect a short term pullback. My goal is support zone around 1.49525 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Short
by Lingrid
3
BTC Market Cycle: Is Distribution Signaling a Coming Correction?BTC Market Cycle: Accumulation → Manipulation → Distribution 🚀 Timeframe: Weekly Analysis📉 BTC/USDT is following a classic Wyckoff Market Cycle, transitioning through three distinct phases 🎯 1️⃣ Accumulation Phase (2018–2020): Smart money accumulated BTC at low prices in a tight range after the previous bear market. Low volatility and bearish sentiment dominated this period. 2️⃣ Manipulation Phase (2022–2023): A choppy sideways market with false breakouts and shakeouts, designed to confuse retail traders and consolidate more BTC into institutional hands. 3️⃣ Distribution Phase (2024–2025): A euphoric uptrend, where institutions are likely offloading positions into the enthusiasm of retail buyers. This phase often marks the cycle peak. Trading Strategy 💡 - For Long-Term Investors : Consider scaling out positions during this distribution phase. Prepare to re-enter during the next accumulation cycle. - For Swing Traders : Look for reversal signals in the distribution zone. A confirmed breakdown could lead to significant retracement toward previous accumulation zones. Risk Management 🚨 - Be cautious of euphoria-driven rallies. - Watch volume and price action for signs of weakness (e.g., declining momentum, sudden sell-offs). Disclaimer⚡ This is not financial advice. Always trade with proper risk management. 🔄Hope this analysis finds you well! BTC/USDT is showcasing a textbook Wyckoff Market Cycle with clear phases of Accumulation, Manipulation, and now Distribution. Are we nearing the peak, or could this rally surprise us further? Let me know your thoughts! 🔍
Long
by Supachai-Taechapisit
BTC-USDT | 1W Chart Elliott Wave ProjectionBTCUSDT | Weekly Chart | Elliott Wave Theory & Key Zones 🚀 --- Analysis Overview 🔎 Bitcoin (BTC) is forming a **classic Elliott Wave structure** on the **1W timeframe**, signaling a potential long-term bullish move. Here's the breakdown: 1️⃣. Current Structure: - Wave (3) peaked at ~$107,000, showing strong momentum. - Wave (4) correction is expected to retrace toward the $95,000 - $97,000 support zone. - This aligns with the *Fib retracement levels* and prior consolidation zones. 2️⃣. Projection 🎯 - Wave (5) could target *$120,000 - $130,000* if BTC rebounds from the highlighted correction zone. - The upper yellow trendline supports this bullish trajectory. 3️⃣. Key Levels 🗺️ - Support (Wave 4): $95,000 - $98,000 (purple zone). - Target (Wave 5): $118,000 - $121,000. 4️⃣. Technical Indicators 📈 - Price remains inside a strong *ascending channel*. - Volume and momentum need confirmation upon correction. --- Trading Plan 📈 - Entry: Wait for price stabilization in the $95,000 - $98,000 zone. - Stop-Loss: Below $90,000 (invalidating the bullish structure). - Take-Profit: Gradually scale out between $118,000 and $121,000. --- ⚠️ Note: Always monitor volume, confirmation, and overall market conditions for risk management. ⚠️Disclaimer: This is not financial advice. Trade at your own risk and perform your own analysis before entering any positions. #Bitcoin #BTC #Crypto #ElliottWave #TradingIdeas #TechnicalAnalysis** 🚀
Long
by Supachai-Taechapisit
2
How Often Do Professional Traders Actually Trade?One of the biggest misconceptions in trading is the belief that successful traders are constantly active in the market. Many imagine professionals glued to their screens, executing trade after trade, chasing every price movement. The reality is much different. Professional traders focus more on quality than quantity. They understand that in the world of trading, less is often more. The Pitfalls of Over-Trading Over-trading is one of the most common reasons traders struggle, particularly beginners. There’s a certain allure to being “in the action,” and it’s easy to confuse frequent trading with productivity. However, every time you take a position, you are exposing your account to risk. Without a solid reason for entering, backed by a clear trading edge, trading becomes nothing more than gambling. Amateur traders often fall into this trap. They believe that the more they trade, the faster they will achieve their goals. But what they fail to realize is that over-trading often leads to poor decision-making, over-leveraging, and emotional trading—all of which can quickly deplete a trading account. Professional traders take the opposite approach. They know that the market will always present opportunities, and there’s no need to chase every move. Instead, they focus on patiently waiting for setups that align with their proven strategies, where they have a clear edge. This disciplined approach minimizes unnecessary risk and maximizes profitability over the long term. The Foundation of Success: Mastering One Strategy Professional traders don’t rely on luck or randomness to succeed. Their consistency comes from mastering a specific trading strategy. Instead of dabbling in multiple approaches, they dedicate time and effort to understanding and refining one methodology. This gives them the ability to quickly identify high-quality setups that fit their criteria. For example, some traders specialize in price action trading, focusing on candlestick patterns and market structure to guide their decisions. Others might rely on Elliott Waves or fundamental analysis. The key is that they don’t deviate from their chosen method, and they don’t let market noise distract them. By sticking to one strategy, professional traders also develop a deep understanding of how it performs under different market conditions. This reduces uncertainty and helps them avoid impulsive trades, which often stem from frustration or fear of missing out (FOMO). Patience and Discipline: The Cornerstones of Professional Trading Patience is arguably the most underrated skill in trading. While it’s easy to talk about, it’s much harder to practice, especially for beginners who feel pressured to “do something” whenever the market moves. Professionals, however, are comfortable sitting on the sidelines for extended periods if necessary. They understand that waiting for the right opportunity is far more valuable than being constantly active. This patience stems from experience and the knowledge that not every market movement is worth trading. Many professionals only trade a few times a week, or even less, because they’re selective about the setups they act on. Discipline complements patience. It’s one thing to recognize a good trading opportunity, but it’s another to follow through with proper execution. Professional traders have strict plans in place, outlining their entry, stop loss, and target levels. They don’t deviate from these plans, even when emotions or market conditions tempt them to. This disciplined approach ensures that their trading decisions are consistent and not influenced by short-term emotions or irrational impulses. Trading Frequency: How Often Do Professionals Trade? The frequency of trades among professionals varies, but those who achieve consistent success often lean towards less frequent trading. Swing traders, who operate on daily or 4-hour charts, might place only a handful of trades each week or even month. Positional traders take this approach even further, sometimes executing just a few well-considered trades per year. The common denominator among these traders is their selectivity. They don’t trade for the sake of trading. Instead, every position they take is deliberate, guided by a well-defined setup that aligns with their strategy. For them, trading less frequently doesn’t mean missing out—it means focusing on high-probability opportunities while avoiding unnecessary risks. One reason professionals favor fewer trades is their preference for higher timeframes. Daily and 4-hour charts provide a clearer, more reliable perspective on the market, filtering out the noise and unpredictability of smaller timeframes. This approach allows them to make informed, calculated decisions and avoid the stress and over-analysis that come with constant market monitoring. The Power of Quality Over Quantity One of the most important lessons in trading is that quality matters far more than quantity. Professional traders know this, which is why they prioritize high-probability setups over constant activity. They view trading as a long-term game, where consistency is the goal. Every trade they take has a clear reason behind it, supported by their strategy and risk management rules. They don’t trade for excitement or to “make up” for losses. Instead, they focus on making the right decisions at the right time. For aspiring traders, the message is simple: slow down. Don’t fall into the trap of thinking that more trades equal more success. Take the time to master one strategy, be patient for quality setups, and stay disciplined in your execution. Conclusion Professional forex trading is about precision, not frequency. By trading less often and focusing on high-quality setups, professionals minimize risk and maximize their chances of success. They’ve learned to embrace patience and discipline, understanding that trading isn’t about chasing every move—it’s about waiting for the right opportunities and making the most of them. If you’re serious about becoming a successful trader, it’s time to rethink the idea that you need to be constantly active. Take a step back, refine your strategy, and remember: the best traders know when to trade and, just as importantly, when not to.
FX:XAUUSDEducation
by Mihai_Iacob
12
XRPUSDT.4HThis analysis provides a comprehensive look at the XRP/USDT pair based on the 4-hour chart data. We aim to evaluate the current price dynamics, identify critical levels, and provide an informed forecast based on the observed technical indicators. Price Action and Trend Analysis: XRP has recently displayed a consolidation pattern, breaking down from a symmetrical triangle that indicates a period of indecision before a potential directional move. The recent price action below the support level suggests a short-term bearish sentiment. Key Levels to Watch: Resistance Level (R1): $2.0910 is the immediate resistance level, previously acting as both support and resistance, making it a pivotal level for any potential upward movements. Support Levels (S1 and S2): The first major support is found at $2.0910, which if breached could lead to further declines towards the stronger support (S2) at $2.00. This level could serve as a psychological barrier for further losses. Technical Indicators: MACD: The Moving Average Convergence Divergence (MACD) is trending below the signal line, indicating bearish momentum. The histogram also shows increasing bearish volume, which supports the potential for further downside. RSI: The Relative Strength Index (RSI) is near 55, suggesting a slight bearish bias but not yet in the oversold territory, which means there could be more room for downward movement before a potential reversal. Volume and Market Sentiment: The trading volume has been relatively consistent with the price declines, confirming the bearish outlook in the short term. The market sentiment appears cautious, reflecting the recent breakdown from the consolidation pattern. Conclusion and Trading Strategy: The breakdown from the consolidation pattern and the technical indicators suggest a bearish outlook for XRP in the short term. Traders should consider potential short positions on rallies towards $2.0910, with stops above this level. The primary targets would be the next support levels at $2.00 and further down at $1.90, depending on the momentum and market response at the first support. Summary: The current technical setup in XRP/USDT points towards a bearish continuation, with key levels providing both entry points for shorts and potential reversal zones if a bounce occurs. Caution is advised, as the near-term market conditions show increased volatility, requiring vigilant risk management and adjustment of positions based on price action at these critical levels.
Long
by MarsSignals
YFIUSDT.4HThis analysis of the YFI/USDT pair on the 4-hour timeframe offers a detailed examination of the current technical landscape. My focus is to decipher key trends, potential directions, and strategic price levels that could influence trading decisions. Price Action and Trend Analysis: YFI has been undergoing a notable downtrend, with a significant retracement from the local high. The price has broken through previous support levels, suggesting a bearish outlook in the short term. Current market price is near $8,926, which is close to testing the next support. Key Levels to Watch: Resistance Level (R1): $12,567 marks the nearest resistance. This level formerly acted as a support, and its retest could serve as a crucial barrier for any bullish recovery. Support Levels (S1 and S2): The immediate support is at $7,984. A break below this could lead the price toward the secondary support at $5,917, indicating a potential acceleration in bearish momentum. Technical Indicators: MACD: The Moving Average Convergence Divergence (MACD) is currently in the bearish zone with the histogram increasing in negative territory. This suggests that bearish momentum is intensifying. RSI: The Relative Strength Index (RSI) is approximately 36, which is nearing oversold conditions. This might indicate that the selling pressure could pause or a potential reversal if it reaches more extreme levels. Volume and Market Sentiment: The market volume appears to align with price movements, supporting the current trend's legitimacy. Market sentiment leans heavily bearish, as reflected by price actions and technical indicators. Conclusion and Trading Strategy: Given the observed technical factors, YFI appears to be in a bearish phase with potential for further declines. Traders should watch the $7,984 support level; a confirmed break below this could open up possibilities towards $5,917. Conversely, any bullish reversal would need to reclaim $12,567 to shift the intermediate trend. Caution is advised, as bearish momentum is strong, and it is crucial to look for confirmation signals before taking any significant positions. Risk management should be a priority, considering the potential for heightened volatility. Summary: This analysis suggests preparing for further potential downtrends but remaining vigilant for signs of reversal near key support zones. It's essential to monitor incoming trade volumes and price reactions at these critical levels to adjust strategies accordingly.
by MarsSignals
BLZUSDT.1DThe daily chart of BLZ/USDT showcases the price movements within a clear framework of resistance and support levels. Notably, it has been mentioned that BLZ might soon be delisted from Binance, which could significantly impact its trading dynamics. Price Action and Structure: BLZ/USDT is trading at approximately $0.0682, showing modest activity within a largely consolidative pattern in recent months. The presence of a delisting rumor could be causing increased volatility or sell-offs as traders react to potential liquidity constraints. Resistance and Support Levels: Resistance Level (R1): The nearest resistance is at $0.2151. Overcoming this level might require significant bullish momentum, which could be challenging if the delisting rumors affect trader sentiment. Support Level (S1): The primary support is observed at $0.0395. This level could be tested if the delisting leads to increased selling pressure. Technical Indicators: MACD: The Moving Average Convergence Divergence (MACD) is hovering around the baseline with minimal divergence, indicating a lack of strong directional momentum in the market currently. RSI: The Relative Strength Index (RSI) stands at 52.84, suggesting a neutral market condition without overbought or oversold signals at this time. Market Sentiment and Risks: The potential delisting from a major exchange like Binance introduces substantial risk, as it could decrease the trading volume and accessibility of BLZ, possibly leading to price instability or decline. Investors and traders should be vigilant and consider the implications of exchange removal on BLZ's liquidity and price stability. Conclusion: Investors should closely monitor BLZ for any official announcements regarding its delisting status, which could fundamentally alter the market's perception and valuation of the token. The upcoming period could be critical, with potential increased volatility and strategic shifts by traders in response to the delisting news. It’s advisable to maintain flexible trading strategies and prepare for various scenarios as the situation develops.
BLong
by MarsSignals
SHIBUSDT.1DThe daily chart of SHIB/USDT highlights an ongoing consolidation with recent upward momentum, as the market responds to key resistance and support levels. This analysis will delve into the current market structure, key levels to watch, and insights from the technical indicators. Price Action and Structure: SHIB/USDT has shown a considerable rebound from lower levels, currently trading around $0.00002317. The chart displays a clear resistance and support framework that influences the current market dynamics. Resistance and Support Levels: Resistance Levels: The immediate resistance is observed at $0.00003364 (R1), which has recently been tested. A breakthrough this level may lead to testing the next significant resistance at $0.00004563 (R2), indicating a strong bullish momentum if achieved. Support Levels: The primary support level is at $0.00001963 (S1). This level is crucial for maintaining the current bullish sentiment. A drop below this point could see the price heading towards $0.00001035 (S2), which would represent a more significant bearish shift. Moving Averages: While specific moving averages aren't visible on the chart, their general position relative to the price can provide insights into the trend. Typically, prices above key moving averages suggest bullish conditions, while below can indicate bearish scenarios. Technical Indicators: MACD: The Moving Average Convergence Divergence (MACD) indicator is close to the baseline with a minimal histogram, suggesting a lack of strong momentum in either direction. This could indicate a consolidation phase or the market awaiting further cues. RSI: The Relative Strength Index (RSI) at 52.36 is near the neutral zone, which neither confirms overbought nor oversold conditions, supporting the notion of consolidation within the market. Conclusion: SHIB/USDT shows potential for further upward movement if it successfully breaches the resistance at $0.00003364. However, the current indicators suggest a cautious approach as the market is not showing strong directional momentum. Traders should keep an eye on the R1 and S1 levels as breakouts or breakdowns from these levels could determine the next significant move in the market. Risk management and close monitoring of emerging market trends and sentiment are advised given the consolidative nature reflected in the technical indicators.
Short
by MarsSignals
TSLA - Technicals, Fundamentals, and Who he knowsGood Morning Traders, 🚗Tesla NASDAQ:TSLA has been on a remarkable upward trajectory, and the outlook remains bullish with continued closures over $376 look for $420 to be tested and $475 next upside. Let's break down why Tesla can continue to be bullish for reasons outside of Price Action. 📈 Revenue Growth: Tesla continues to report impressive revenue growth 📈, driven by strong sales of electric vehicles and energy products 🚗⚡. Profitability: The company has turned profitable 💰, with a positive net income and strong cash flow 💵. Innovation: Tesla remains at the forefront of innovation 🔧🚀 in the EV and energy sectors, with continuous advancements in technology and production efficiency 💡. Additionally Carbon Credits and EV Policies Carbon Credits: Tesla has been capitalizing on selling carbon credits to other automakers who need them to meet regulatory requirements. This has been a significant revenue stream for Tesla. EV Credits: There are discussions about removing federal EV credits, which could impact the market. Tesla's strategic position and established market presence might make it harder for new entrants to compete without these incentives. Political Connections Elon's relationship with President Donald Trump has been beneficial. With Trump's support for electric vehicles and renewable energy, Tesla stands to gain from favorable policies and potential subsidies and knock on effects from yet to be known changes. 🌍Industry Trends The electric vehicle industry is booming, with increasing demand for sustainable transportation solutions. Polestar's strategic partnerships and continuous advancements in EV technology make it an exciting stock to watch1. Share thoughts in the comments! ❤️
NASDAQ:TSLALong
by EliteIndicatorSys
##Gold Technical Analysis for the Upcoming Week 15/12/2024### Current Market Overview Gold has shown significant price movements recently, encountering challenges in breaking through key resistance levels. As we approach a crucial week with the Federal Open Market Committee (FOMC) decision, here’s a comprehensive technical analysis for gold (XAU/USD) to guide your trading decisions. ### Recent Price Action Breakout Attempt: Gold made an attempt to breach the resistance zone around $2700-$2720 but failed to maintain the bullish momentum. This failure suggests potential exhaustion among buyers and could indicate profit-taking ahead of the FOMC week. Post-PPI Movement: Following the release of the Producer Price Index (PPI) data, gold faced significant selling pressure, highlighting the market's sensitivity to inflationary signals that may influence future monetary policy. Current Price: As of the latest close, gold is trading at $2648, which is below the 60% Fibonacci retracement level from the last bullish impulse. This positioning indicates a possible shift in the short-term trend from bullish to bearish, or at the very least, a period of consolidation. ### Support and Resistance Levels - Support Levels: - Immediate support is noted around $2638. - Further supports are at $2623 and $2590. A break below these levels could accelerate declines towards $2565/2530 or even $2485. - Resistance Levels: - The recent high around $2692-$2721 now serves as key resistance, with $2671 also acting as a hurdle. For gold to reverse the current bearish sentiment, it would need to rise above this resistance zone decisively. ### Potential Scenarios for Next Week Bearish Scenario: If gold continues to trade below the 60% retracement level and fails to reclaim the $2692, we can expect further downward movement. Key levels to monitor would be the mentioned supports. A decisive break below these could indicate a deeper correction, targeting $2530/2485 or lower. Bullish Reversal: Should gold find strength and bounce back—potentially due to renewed safe-haven demand or a dovish signal from central banks—watch for a move above $2722 for confirmation. A sustained rise with good volume could invalidate the current bearish setup and signal a new upward trend. ### Anticipated Impact of FOMC Rate Decision FOMC Statements and Dot Plot: The FOMC's language, especially regarding future rate paths, will be essential. If hints of more aggressive rate cuts for 2025 are suggested, a bullish reaction could ensue for gold. Conversely, a hawkish or neutral stance could exert downward pressure on gold prices. Market Expectations: Current expectations lean towards a rate cut, but traders should be vigilant for indications of the Fed's overall policy aggressiveness. Any surprises in the FOMC decision could lead to substantial price swings for gold. Volatility Ahead: As the FOMC announcement approaches, increased volatility is expected. Traders should be prepared for whipsaws—sharp price movements that may reverse quickly. ### Post-FOMC Scenarios Bullish Case: If the Fed adopts a dovish tone, leading to a weaker dollar and lower yields, gold may become an attractive hedge. If it reclaims and holds above $2680-$2716 post-FOMC, we could see a resurgence in bullish momentum, targeting new highs. Bearish Case: Should the Fed's messaging be less dovish than anticipated, or if fewer rate cuts are indicated, we could see a strengthening of the dollar, pushing gold down further. Prices below $2600 may see intensified bearish momentum. Neutral or Consolidation: If the FOMC decision aligns with expectations without providing new insights, gold might continue to consolidate until another significant catalyst emerges. ### Conclusion The upcoming FOMC decision is pivotal for gold's price trajectory. Prepare for various scenarios based on the Fed's policy direction, and utilize this analysis to guide your trades effectively. Stay informed, stay alert, and best of luck in your trading endeavors!
EIGHTCAP:XAUUSD
by SRFXGlobal
Sell EURUSD Bearish ChannelThe EUR/USD/USD pair on the M30 timeframe presents a potential selling opportunity due to from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 1.0437 2nd Support – 1.0410 Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Short
by KABHI_TA_TRADING
12
Ash | 4 reasons why we’re still bullish on BTCHi traders! 👋 This is Ash, let’s dive straight into today’s analysis! 📊🚀 📌 Wave analysis and our near-term view on Bitcoin We believe we are nearing the end of Wave 1 of Intermediate Wave (3) (in yellow). A dip could be on the horizon in the near future - potentially toward $60k. ~$60k = Strong Buy 🚛🚛🚛 📌 4 reasons why we’re still bullish on BTC (even at $100k)! 1. Elliott Wave Analysis We believe we are only on Wave 1 of the 3rd Intermediate Wave. This time could be different~! 😅 2. Halving Cycle Analysis Historically, the upward trend lasted about 1 year 4 months after each Halving event. Since the last Halving was on April 19, 2024, this timeframe points to ~ August 2025. So, we’re still about 8 months away from a correction! 😌 3. Institutional Buying and Government Recognition Major institutions are buying, and many governments (including the incoming Trump administration) are beginning to embrace BTC as a form of reserve asset. Bullish! 📈 4. Hyman Minsky Model All financial systems progress through stages of increasing leverage and speculation (aka, a bubble). But… we don’t think we are there yet. Institutions have only just started buying, with limited participation from retail (i.e., public). BTC has plenty more room to run! 🚀 With this said, always remember to DYOR and protect your capital. (Note: DYOR = Do Your Own Research) 📌 Alternative “sub” Scenario: Highly Unlikely The following scenario is highly unlikely, but “if” BCT is nearing the end of Wave (1) (in yellow), the ensuing correction (Wave (2)) could be quite severe - potentially to ~ $40k or even lower.. For those looking to buy at the current level: be aware that, despite a very low probability, a drop to $40k is possible. Please ask yourself whether you can stomach this fall before going long. If you found this analysis helpful, don’t forget to hit that boost button and follow me! 🚀🙌 See you soon with more updates! 🔥
BITSTAMP:BTCUSD
by Ash_Maeuknam
2
Stock Of The Day / 12.18.24 / NUKK12.18.2024 / NASDAQ:NUKK Fundamentals. Second day of growth on the news of the acquisition. Technical analysis. Daily chart: Exit upwards from the annual accumulation. Premarket: Range movement on increased volume. Main session: We observe a confident upward movement at the beginning of the session after holding the previous day's high level 17.66. After acceleration and the formation of the top of 34.00, the price begins to tighten to the level of 23.00 against the upward movement. We consider a long trade to continue the movement in case the structure of the tightening is broken upward. Trading scenario: #pullback along the trend (#false tightening) to the level 23.00 Entry: 24.45 on the breakout of the tightening structure and an upward exit on increased volume. Stop: 22.69 we hide behind the level with a reserve for slippage. Exit: Close part of the position before the level of 34.00 (RR1/5), close the rest of the position on the return candle after the trading halted at 1:30 p.m. (RR 1/15). Trade potential: 1/15 P.S. Today's has shown a clear advantage of trading "In Play" stocks. Despite the fact that the market fell by 3%, NUKK did not notice this and continued to go one's own way, demonstrating significant growth and a very technical nature of the movement.
NASDAQ:NUKKEducation
by AlexX31
4