Significance of a Simple Resistance lineGreetings mates, Let us deliberate upon the current weekly chart of Tesla. As it stands the price has resolutely positioned itself above a long-standing multi-year resistance level an area that also previously marked the stock's all-time high. In this context the significance of this resistance is magnified considerably. Furthermore, as today coincides with the final trading day of the month a close above this critical level would signify not merely a weekly triumph but a substantial monthly breakout, underscoring the bullish momentum.
From a technical perspective-: The price is positioned in close proximity to a significant resistance level suggesting the potential for a rebound either from this point or slightly nearer to the resistance. For any such bounce or reversal it is imperative that individuals adhere to their respective trading setups. Upon confirmation of the rebound the recent high of 488 can be established as the initial target on the charts. Furthermore should the price break above 488 a renewed upward momentum of approximately twenty percent similar to the movement observed following the current breakout can be anticipated. Fibonacci's important levels also sharing the same spot very well.
Following it's ascent to an all-time high in 2021 the stock experienced a precipitous decline losing approximately 75% of its value from that peak. However, it has recently managed to surpass that prior high once again. For a detailed analysis of the factors behind this dramatic trajectory I invite you to peruse my previously published insights recently the link to which is provided below.
Thanks for reading hope you like this publication.
Happy new year in advance hope you have wonderful trades in 2025 !
Best regards- Amit
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$PLTR Trade Idea If You Missed Our 1000% EntryAbove $69, $108 is our next target. There is room for an entry over $69, but we want to see it come down and consolidate first. Palantir will be the industry leader for the next decade. We can see investors are still putting money in as Palantir’s stock is holding up strongly during every market pullback. Shay and Quench have already taken some profit but still hold core positions.
This is a trade idea for those who missed our entries at $7.60, $10.80, $17, $21.79, and $45:
Entry: Wait for retest of support at $69 after at least a few days of consolidation
Target 🎯: $108
PEPE has broken out of its sideways channel PEPEUSDT has broken out of its sideways channel on the 1-hour chart with a strong volume candle, surpassing last week's high.
My first target is the identified area of interest. If you're not already in the trade, consider waiting for a pullback to the previous week's high before entering.
Always ensure you set a stop loss when entering a trade to manage your risk effectively.
REMARKS: DYOR
• This advice is NOT financial advice.
• We do not provide personal investment advice and we are not a qualified licensed investment advisor.
• All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice.
• We will not and cannot be held liable for any actions you take as a result of anything you read here.
• We only provide this information to help you make a better decision.
• While the information provided is believed to be accurate, it may include errors or inaccuracies.
Good Luck and have fun,
The CryptoSignalScanner Team
TradeCityPro | ONG: Daily Momentum and 4H Futures Triggers👋 Welcome to TradeCityPro!
In this analysis, I will examine the ONG coin, a key project within the Ontology ecosystem and a foundation for other projects within this ecosystem.
📅 Daily Timeframe: Loss of Momentum After a 100% Rally
In the daily timeframe, we observe an accumulation box from $0.2504 to $0.3551. After the last rebound from the $0.2504 support, the price experienced a 100% growth to the resistance at $0.5392.
🔽 After reaching this area, the market momentum completely shifted, and the price fell first to $0.3551 and is now at $0.3002. We can now say that the bullish momentum has dissipated, and for the price to increase again, it needs to build a new structure.
🔍 If further declines occur, breaking $0.3002 would be a suitable trigger. For confirmation of bullish trends, breaking $0.3551 is appropriate, but I will discuss these triggers more in the 4-hour analysis.
📊 The volume for this coin is generally low, which, as you can see, creates many shadows making futures trading challenging. Currently, the volume is also gradually decreasing.
🔼 If $0.3551 breaks and the RSI surpasses 50, the price could move higher. The targets for this move are $0.5392 and $0.7393.
📉 If $0.3002 breaks, the next supports are $0.2504 and $0.2170.
⏳4-Hour Timeframe: Futures Triggers
In the 4-hour timeframe, we can see price behavior in more detail.
✨ After the second bearish leg from $0.4071 to $0.3002 and a fake break of this support, the price formed a range box and we can also observe a descending trend line.
🔽 For a short position, if $0.3002 breaks, consider opening a short position. The target for this position is $0.2602. However, a floor above this zone at $0.3100 presents a riskier trigger, and if this area breaks, you could open an early short position. A break of 41.06 aids the entry of more bearish momentum and further market decline.
📈 For a long position, first wait for the descending trend line to break. In this case, you can use the trend break trigger or wait for a break of $0.3564. The target for this movement is $0.4071. The next trigger for a long position is a fake break of the $0.3002 support, which has already happened once and managed to keep the price above it. In case of another fake break, you could open a position with an engulfing candle or another pattern trigger.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
How Leverage Works in Forex TradingDear readers, my name is Andrea Russo, and today I want to talk to you about one of the most discussed topics in trading: leverage in Forex. This tool, both powerful and delicate, allows traders to amplify their gains with small investments but also carries significant risks if not used prudently. In this article, I will guide you step by step, explaining how leverage works, its advantages and risks, and how you can start trading safely.
What is leverage in Forex?
Leverage is a tool that allows traders to control much larger positions than the capital actually invested. For example, with a leverage of 1:100, you can open a $100,000 position with an initial investment of just $1,000.
Here’s a simple example:
You invest $1,000 with a leverage of 1:100.
Your market exposure will be $100,000.
If the market moves 1% in your favor, you will earn $1,000 (equal to 100% of your capital).
If the market moves 1% against you, you will lose your entire capital.
As you can see, leverage amplifies both gains and losses, which is why it’s essential to understand how it works before using it.
Advantages of leverage
Leverage offers several advantages that make it an attractive tool for those who want to invest in Forex:
Access to the market with small capital: You can start trading even with modest sums, thanks to leverage.
Diversification: With limited capital, you can open multiple positions on different currency pairs.
Maximization of profits: Even small price movements can translate into significant gains.
The risks of leverage
Despite its advantages, leverage carries important risks:
High losses: The same amplification that generates profits can multiply losses.
Margin Call: If losses exceed the available margin, the broker may automatically close your positions.
Emotional stress: High leverage can lead to impulsive decisions, often driven by anxiety.
How to start trading in Forex with leverage
If you want to use leverage effectively and safely in Forex, follow these steps:
1. Educate yourself and learn the basics
First of all, study how the Forex market works. It’s important to understand what influences exchange rates and which strategies to adopt. Dive into key concepts such as:
Major currency pairs
Spread and commissions
Technical and fundamental analysis
2. Choose a reliable broker
The broker is your trading partner, so ensure that it is regulated and offers transparent conditions. Look for brokers with:
Competitive spreads
Flexible leverage options
User-friendly platforms
3. Start with a demo account
To practice, use a demo account. You can test your strategies without risking real money and gain confidence with the platform.
4. Set up a trading strategy
A good trader doesn’t leave anything to chance. Define a trading plan that includes:
Realistic goals
Percentage of risk per trade (1-2% of capital)
Risk management tools like stop-loss and take-profit
5. Start with low leverage
If you’re a beginner, use moderate leverage, such as 1:10 or 1:20. This will allow you to limit losses while learning to manage risk.
6. Monitor positions and manage risk
Risk management is the key to successful trading. Invest only what you can afford to lose and constantly monitor your positions.
Conclusion
Leverage is an incredible tool, but it must be used cautiously. It can open the doors of the Forex market even to those with limited capital, but it requires discipline, education, and good risk management.
Thank you for reading this article. If you have any questions or want to share your experiences in Forex, feel free to write in the comments.
And remember: trading is a marathon, not a sprint! Happy trading!
Lingrid | EURUSD Intraday Selling OPPORTUNITY The price perfectly fulfilled my last idea. It hit the target. FX:EURUSD made a downward impulse move, creating a large bearish candle. The market is currently consolidating, providing an opportunity to take advantage of its sideways movement. It is rolling back towards a resistance zone and an upward trendline. Looking left, we see that the price has bounced off this area twice before, so it could potentially rebound again given the current sideways trend. I expect the price to reject the resistance zone, leading to a decline. My goal is support zone around 1.03800
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
A well-thought-out analysis of WIF.Out of the ruins
Out from the wreckage
Can't make the same mistake this time
We are the children
The last generation (the last generation, generation)
We are the ones the globalists left behind
And, I wonder when we are ever gonna change, change
Living under the fear, 'til nothing else remains
We don't need another universal income (XLM)
We don't need to know the way home
All we want is WIF beyond Thunderdome
Looking for something, we can rely on
There's gotta be something better out there
Ooh, love and compassion
Their day is coming (coming)
All else are castles built in the air
And, I wonder when we are ever gonna change, change
Living under the fear, 'til nothing else remains
All the children say
We don't need another world currency (XRP)
We don't need to know the way home
All we want is WIF beyond Thunderdome
So, what do we do with our lives
We leave only a mark
Will our story shine like a light or end in the dark?
Give it all or nothing
We don't need another globalist stooge (biden, harris)
We don't need to know the way home
All we want is WIF beyond Thunderdome
All the children say
We don't need another war (we don't need another bush, clinton, bush again with cheney, obama/hillary, liz cheney and bush's grandaughter supporting globalist stooge harris)
We don't need to know the way home, ooh
All we want is WIF beyond Thunderdome
_Tina Turner
I hope the developers of WIF get a kick out of this.
A lot going on WIF this one, I'm intrigued to beat the band.
Hopefully, that was that!
We don't need another WIF chart, this is it! ;)
Lingrid | SUIUSDT possible Sell-Off at the Dawn of 2025BINANCE:SUIUSDT is currently consolidating after reaching the psychological level at 5.00. It’s been moving back and forth, forming lower highs while bouncing off the trendline. The last two weeks of December and the first two weeks of January were characterized by sideways movement last year, and it appears we may be experiencing a similar situation now. It’s important to note that there was a strong bullish impulse leg before, but the price failed to continue moving higher, indicating a lack of bullish momentum to sustain that upward movement. This suggests that we might see some bearish action in the near term, potentially setting the stage for a stronger bullish move later on. I expect the market to retest at least channel border. My goal is support zone around 3.61
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Giveaway: Happy Holidays & Merry Christmas!It's that time of year where we can openly say (without sounding too cringe) how thankful we are to have you. Your unwavering support, charting enthusiasm, and shared passion for the markets is what drives us. You've been the heartbeat of our work and community.
As we close the book on another year of trading, we’re reminded that it’s not just the numbers or the record highs — it’s you that makes this journey worthwhile.
Happy Holidays from all of us at TradingView! May your holidays be filled with warmth, laughter, and just the right amount of volatility to keep things exciting. 🥂📈
Wishing you a breakout year ahead, fewer false signals, and plenty of wins — on and off the charts.
🥁 And now... 🥁
🎁 THE GIVEAWAY 🎁
Who:
🏆 THREE LUCKY WINNERS 🏆 walk away with prizes
What:
🚀 PREMIUM PLAN 🚀 for a full year
When:
⏳ JANUARY 3 ⏳ we announce the winners
To participate, leave a comment under this Idea, answering the two-part question:
1️⃣ What was your best trade this year?
2️⃣ What is your trading goal for 2025?
And now follow these rules:
1️⃣ Like this Idea
2️⃣ Follow our official account
Note:
💡 You can only participate once — three lucky winners will be picked randomly by the TradingView Santa to win a Premium plan for one year.
Watch this space — announcing the winners on January 3 !
$MSTR 1hr bearflag is so clean and beautiful!I mean does it get more textbook than this BEARISH setup??
I will be buying NASDAQ:SMST as this really begins to BREAK DOWN soon.
People will be buying in the 280s to only be trapped and extracted for more exit liquidity as it continues to fall to 220's.
Depending on if they print more USDT to FAKE demand for BITCORN it could dive even deeper than that to the 180s...
In the 180s panic will start & who knows after that.
Michael Meth Saylor about to be sweating. This company is and will always be scam.
Bye Felicia
Lingrid | EURUSD continues to SEE ConsolidationLast week, FX:EURUSD bounced off the resistance zone at 1.04400 and moved lower, but it didn’t have enough bearish momentum to keep going down. Instead, it returned to the level it was at the previous Monday, creating an equal high. I believe the market will push a little higher before pulling back and continuing its bearish move. However, since many markets are in consolidation due to the holidays, there's a chance this week could be another sideways week. Nevertheless, I expect the price to rise above the EQHs before eventually falling. My goal is support zone around 1.03830
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
DIPS ARE FOR BUYING!You should know these CRYPTOCAP:BTC dips are for buying.
We are in a bull market and a major catalyst is yet to play out.
Trump entering office within the next month will send crypto much higher.
You just need to HODL and keep buying the strong alts that are green whenever CRYPTOCAP:BTC dips.
Avoid overtrading and just be patient all crypto will be much higher in Q1 2025.
The Quest for Market MasteryEssential Reading for Understanding Markets, Behavior, and Decision-Making
Understanding financial markets and human behavior requires more than just technical knowledge - it demands deep insights into psychology, probability, and decision-making. I've curated a selection of groundbreaking books that together provide a comprehensive framework for mastering these interconnected domains.
Let's start with Daniel Kahneman's "Thinking, Fast and Slow," a masterpiece that revolutionized our understanding of human decision-making. Kahneman introduces us to two systems that drive our thinking: the fast, intuitive System 1, and the slow, analytical System 2. This book is essential for anyone looking to understand their own cognitive biases and improve their decision-making process, whether in markets or in life.
Building on these psychological insights, Richard Thaler and Cass Sunstein's "Nudge" explores how choice architecture influences our decisions. Their work demonstrates how subtle changes in how options are presented can significantly impact outcomes - crucial knowledge for both policymakers and investors.
For those interested in the intersection of theory and practice, Nassim Nicholas Taleb's "Incerto" series (including "Fooled by Randomness," "The Black Swan," and "Antifragile") offers profound insights into probability, uncertainty, and risk. Taleb's work challenges conventional wisdom about randomness and helps readers develop more robust mental models for dealing with uncertainty.
Moving to practical market applications, Edward O. Thorp's "A Man for All Markets" provides a fascinating journey from Las Vegas to Wall Street. Thorp, who pioneered quantitative investing, shares valuable lessons about probability, risk management, and the importance of maintaining a mathematical edge in any endeavor.
Gregory Zuckerman's "The Man Who Solved the Market" tells the incredible story of Jim Simons and Renaissance Technologies. This book offers rare insights into how mathematical models and data science revolutionized trading, while also highlighting the importance of assembling exceptional teams and maintaining rigorous discipline.
Finally, George Soros's "The Alchemy of Finance" introduces his theory of reflexivity, challenging traditional economic theories about market equilibrium. His insights about how market participants' perceptions affect market reality remain highly relevant today.
Reading these books in combination offers several key benefits:
A deep understanding of human psychology and decision-making
Practical frameworks for dealing with uncertainty and probability
Real-world applications of theoretical concepts
Insights into different approaches to market analysis
Lessons about risk management and system building
The authors approach markets and decision-making from different angles - psychology, mathematics, philosophy, and practical experience. Together, they provide a rich tapestry of knowledge that can help readers develop more sophisticated mental models for understanding markets and human behavior.
For beginners, I recommend starting with "Thinking, Fast and Slow" to build a psychological foundation, then moving to "Nudge" and the "Incerto" series. More market-focused readers might prefer beginning with Thorp's memoir before diving into the theoretical works.
Remember that understanding markets and behavior is a journey, not a destination. These books don't offer simple formulas for success, but rather frameworks for thinking about complex problems. The real value comes from integrating these different perspectives into your own mental models and decision-making processes.
Whether you're an investor, trader, policy maker, or simply someone interested in understanding how markets and humans interact, these books provide invaluable insights that can help you navigate an increasingly complex world. The time invested in reading and understanding these works will pay dividends far beyond the financial markets.
AUDUSD : Nxt Move For This PairHello Traders, this is how I'm watching the FX:AUDUSD for some potential longing opportunities.
Structurally, the market has struggled to break the most recently created support at the 0.6207 region and we've seen bullish structure print, so 'd be going in for a short-term buy trade.
What do you think guys ?
AUDUSD : Nxt Move For This PairHello Traders, this is how I'm watching the FX:AUDUSD for some potential longing opportunities.
Structurally, the market has struggled to break the most recently created support at the 0.6207 region and we've seen bullish structure print, so 'd be going in for a short-term buy trade.
What do you think guys ?
Fantom at a CRITICAL LEVEL!!! Make it or Break itUPCOM:FTM
5-10x potential to previous all time high.
Beautiful price action on higher timeframe. Since the bottom in 2022, price has made 3 higher highs signaling bulls are back.
Price is currently at a critical level.
On the 2 week chart we have broken above the 50 RSI and we are now retesting the 50 (ideal entry). Price has currently retraced to the 0.618 fibonacci retrace of the latest impulse.
Monthly timeframe’s also at an ideal entry. After making a new higher high and closing November with a huge bullish expansive and engulfing candle, price is currently trading at previous month lows.
Will it hold?
HyperLiquid Introduces Native Staking as $HYPE Eyes a 58% SurgeHyperLiquid, a prominent Layer-1 blockchain renowned for its decentralized derivatives exchange, has recently introduced native staking for its GETTEX:HYPE token. This move, coupled with promising technical patterns, has set the stage for a potential 58% surge in the token’s value.
The Staking Overview
HyperLiquid announced the launch of its native staking on Monday via a post on X (formerly Twitter). Token holders can now stake their GETTEX:HYPE tokens across 16 validators, contributing to network security and earning rewards in return. A notable aspect of this staking mechanism is the ability to stake locked tokens bound by a vesting schedule, though accrued rewards remain inaccessible until the lock-up period ends.
At launch, HyperLiquid staked 300 million tokens, valued at approximately $8.4 billion. Within the first hour, users added another 7 million tokens, reflecting strong community participation. This development comes just a month after the GETTEX:HYPE token’s issuance, which debuted at $3.57 and has since soared to $27.89, according to CoinMarketCap data.
This remarkable growth has propelled GETTEX:HYPE into the top 20 largest tokens by market cap, surpassing well-known assets like Bitcoin Cash (BCH), Litecoin (LTC), and Pepe (PEPE). With a market capitalization of $9.2 billion and a 24-hour trading volume of $2.64 billion, HyperLiquid’s exchange is generating over $1 million in daily revenue, as reported by DefiLlama.
Technical Outlook
Despite its fundamental strength, GETTEX:HYPE is currently down 2.66%, trading within a symmetrical triangle pattern on the daily chart. This technical formation often signals a potential breakout, though the direction remains uncertain until the price breaches either trendline.
The relative strength index (RSI) stands at 42, indicating a neutral market sentiment. The upper triangle trendline aligns with the $30 resistance level, making it a critical threshold for bullish momentum. A breakout above $30 could trigger a 50% surge, targeting prices as high as $45. Conversely, a breakdown below the lower triangle trendline could lead to a significant sell-off, with prices potentially dropping by 14%
Market Implications
The introduction of native staking and the token’s rapid rise in market cap underscore HyperLiquid’s growing influence in the blockchain space. The ability to stake locked tokens enhances flexibility for investors, while the platform’s robust trading volume and revenue generation reflect its strong utility.
For traders, the symmetrical triangle pattern presents a strategic opportunity. Monitoring the $30 resistance level and the lower triangle trendline is crucial for anticipating the token’s next move. A decisive breakout could attract further interest, while a breakdown may signal caution.
Conclusion
HyperLiquid’s latest staking initiative and GETTEX:HYPE ’s impressive market performance highlight the project’s potential as a leading player in the blockchain industry. While the token’s price currently hovers in a consolidation phase, both fundamental and technical indicators suggest that a major move is imminent. Traders and investors should keep a close eye on key levels to capitalize on the next phase of GETTEX:HYPE ’s journey.
Age Of Gods TA (~1,300% Potential)If you move the chart a little bit higher, there is a target at 0.081792 for a nice 1,348% growth potential.
What do we have here?
Age Of Gods.
The falling wedge on the left side of the chart led to a rounded bottom and consolidation phase. This was followed by a bullish wave.
Presently, we have a new falling wedge pattern and rounded bottom; a new consolidation phase. This will be followed by a new bullish wave.
Trading volume decreases almost to a halt within the 2024 rounded bottom consolidation period. Trading volume increases massively in early December 2024.
Crypto-Gaming is going to be big in 2025. But big is a small word.
Crypto-Gaming is going to be astronomically huge in 2025. It will be massive. This sector of the market is preparing for stellar growth.
On top of the global adoption trend, Crypto legalization and institutional interest, there is also the exchange listing effect. Some projects are good but trading only on a few exchanges. When these are listed in the bigger exchanges there is an instant and massive influx of capital; a.k.a., immediate bullish effect.
How long can it take for a pair like this one to start a bullish impulse? Maybe 2-4 weeks, maximum. It has been consolidating since July and that's almost six months. Preceding a bull-market, that's more than enough.
The purple line on the chart is highlighting the August 2023 bottom low. This low stands at 0.005200. As AOGUSDT moves above this level weekly, and stays above it, the chart potential reads ultra-bullish. Whenever AOGUSDT trades above 0.005200, we can expect a strong bullish breakout anytime.
It moved below just to quickly recover. The market looking for liquidity and this is over and done. There is nothing of interest by going down. There is no money in going down; next, the market is going up.
Are you ready?
I hope you are... Because what we are about to experience is going to blow your mind.
Namaste.
How Shiba Inu Could Achieve More Gain in 2025Hello and greetings to all the crypto enthusiasts, ✌
In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for Shiba Inu , 📚🎇
The SHIB token has gained significant attention in recent years, especially during the peak of the bull market when its price surged dramatically. This rise was driven by a flood of investors and widespread media coverage, attracting substantial capital. As with most rapid growth phases, uncertainty soon followed, leaving much of the capital stagnant and unproductive. Despite its current lull, SHIB still holds potential for significant growth if fresh investment flows in. From experience, I've learned that markets, like life, ebb and flow, and understanding when to cut losses is essential for navigating both. In summary, SHIB is in a consolidation phase, but with renewed capital, a strong rally is still possible.
🧨 Our team's main opinion is : 🧨
SHIB experienced rapid growth fueled by investor hype and media coverage, but uncertainty has led to stagnation. Despite this, it still holds significant growth potential, and a new wave of investment could reignite its upward momentum.
Give me some energy !!
✨We invest countless hours researching opportunities and crafting valuable ideas. Your support means the world to us! If you have any questions, feel free to drop them in the comment box.
Cheers, Mad Whale. 🐋
Bullish Altcoins = Bullish BitcoinBitcoin is going up. This is confirmed.
Right now we have a bullish Altcoins market. The Altcoins are starting to break up strong. Some pairs are growing three digits green in a single day. What does this mean? It means Bitcoin is set to continue growing.
The Altcoins never grow ultra-bullish if Bitcoin is about to crash. If Bitcoin were to crash, the Altcoins would be shy, weak, trading near support or already crashing.
The fact that we see this strong bullish breakout on many pairs, early signals, confirms that Bitcoin is going higher.
This is a very simple signal but it clears all doubt.
Nobody can tell you that Bitcoin is going down.
Here you have the proof.
➖ Sequence
A correction (Altcoins) leads to the establishment of support. This correction ends as a strong higher low compared to the start of the bullish wave several months ago.
This support level is consolidated briefly. This was a short correction (in time duration).
The consolidation phase leads to a very strong bullish breakout; the resumption of the bullish trend.
The correction ends in a strong higher low and thus we can expect a higher high next.
Bitcoin is going up.
Don't let anybody tell you otherwise.
The opportunity to buy now is strong.
It is wise to buy when prices are low/near support.
It is wise to buy when the market is depressed.
All retraces and corrections are an opportunity to buy strong.
You will be happy with the incoming amazing results.
Bitcoin and the Altcoins market are going up.
Namaste.
How Fast Is Fast? WormholeSome people consider short-term 1 hour, while others consider short-term 1 week. Still others can consider 3 months to be short-term. Our systems are mixed.
How are you doing my friend?
I am guessing you are getting ready for tomorrow and have no time for work today. That's ok!
Thank you for taking the time to read and for your continued support.
In our system and trading strategy, short-term means within 30 days; 1 month.
We can see a chart like WUSDT with higher lows and consolidation happening since August 2024. It can move fast, short-term. But see what happened with this one; the low was hit in August and the market conditions back then were the same as they are today. While some pairs broke up and grew strong, this one continues sideways. We can spot the signals and the charts but we cannot rush the market.
Some pairs move within days after sharing while others can take months.
Some will move within hours, some others will start moving only after 2-3 weeks.
Some pairs will go down rather than going up.
The longer the consolidation phase, in this case since August, the closer we are to the bullish breakout. Wormhole is getting very, very close. It should move fast; short-term.
Mid-term for us is within 1-3 months.
Long-term is 3-6 months.
Long long-term stands for 6 months or more.
This is a great chart setup and can move within days or weeks. The trading volume is quite revealing, there is a strong increase after September and then it remains high. This is coupled with higher lows; an ascending triangle long-term.
This is a good project, it seems.
This can turn out into a very good trade.
Buy and hold and just be patient, let the market take care of the rest.
If you want to catch a big move and do it fast, diversification can work... But the mindset of earning fast or doing anything fast can result in disaster and small but accumulative loss.
There are many ways to approach this market, these charts, these pairs.
I always recommend patience... It is a sure way to win; you can set it and forget it.
Thanks again for your continued support.
Namaste.