Contains IO script
Peanut the squirrel - let's try againMy apologies on getting ahead of myself on the first post for PNUT. The 51 cent S/R flipped as resistance, and now we are very close to another area of interest.
We are getting close to the bottom of the big channel again, and also the .618 pocket for PNUT. This ranges from about 31 cents to 35 cents. Even right now at .37-.38 cents may be a good buy.
This price area is where it appears that it was when it dropped on Binance. So, this could be a nice "bottom picking" opportunity for Peanut the Squirrel.
It's hard for me to tell how good Pnut will do - but first we would need to take out the downtrend, and then establish .51 cents as support again. Also the $1.00 area would be a critical level to regain as support.
Targets could be: 1.58, 1.92, 2.45, 2.92, 7.14
There are higher targets, but I am not listing those now because that would be insane. Totally possible, but I am keeping it to this for now.
Thanks for looking!
Another leg down before alt season begins?If we look at the TOTAL 3 chart, you can see that we've just formed a double top. I lean towards one more leg down here that plays out towards the second half of February and potentially into March.
I think price has the potential to get down to the 630B support, but can start scaling in around 775B.
Many alts still look like they have another 50% lower to go before the look good to buy and hold.
BTCUSDT 2H-4H-1D Technical Analysis 26/01/2024Most Relevant Timeframe for Position-Taking
• Short Term (2H/4H): Shows signs of a possible consolidation or minor pullback. Good for quick scalping or very tight stop-loss trades.
• Medium/Long Term (12H/1D): Clearly bullish but near potential overbought territory, suggesting caution before entering new multi-day to multi-week positions. These higher timeframes offer the best overall view of the trend and major support/resistance.
Key Support and Resistance Zones
• Supports
• Short Term (2H/4H):
• ~101.9k–102k (Long-Term MA in 2H/4H)
• ~100.8k–100.84k (Auto AVWAP low + confluence of MAs)
• Medium Term (12H/1D):
• ~89k (critical support from the chart structures)
• ~77–78k (deeper support if 89k fails)
• Resistances
• Immediate: 105–106k (multiple AVWAP Highs on lower timeframes)
• Upper: 107–108k (AVWAP High on 1D/12H). Above 108k could spark a larger breakout.
Recommendations and Potential Scenarios
1. Main Scenario (Bullish with Consolidation)
• As long as BTC stays above 89–90k, the higher timeframe trend remains intact.
• A brief pullback to 100–102k is possible before retesting 105–108k.
• If BTC breaks 108k with solid volume, a push toward 110–115k is feasible.
2. Alternative (Bearish Break)
• A break below 89k would likely trigger a deeper correction to ~77–79k, aligning with the “regular flat” scenario.
3. Concrete Trading Strategies
• Short-Term Traders: Consider tight-stop long entries near 104–105k, with stops around 101–102k.
• Medium/Long-Term Traders: Wait for either (a) a deeper pullback toward 89–90k that holds, or (b) a confirmed breakout above 108k on strong volume.
Final Note
While the overall market structure leans bullish, multiple indicators (HPI > 90 on 12H, near-extreme ISPD readings on 1D) warn of “overheating.” A short-term correction or consolidation could occur before any new major rally. Keep an eye on 89k as a key pivot. If this level remains intact, the broader uptrend should continue.
$CWAN Putting in a Higher Low? (Starting a New Up Trend)NYSE:CWAN is a name most of us have never heard of. They serve hedge funds, asset managers, and insurance clients with Analytic software.
It looks like it is in the process of putting in a higher low. It has regained the 8 and 20 EMAs and the MACD has turned positive. It can still go either way. There is overhead resistance at both the upper horizonal line on the chart and the now downward sloping 50 DMA (red).
I have an alert set just under last Thursday’s high of 28.56. Should that trigger, I will go to a lower timeframe like a 5-minute chart to see if I can get a good entry. My stop, if I take the trade would be on a close below the 20 EMA (green). Making for a tight and good risk reward trade. I do not set targets, but I do think it has a chance to get back up to around 32.00 – 32.50. Which is around a 13% gain if that were to happen.
If you like this idea, make it your own trade that fits your trading style.
XAUUSD 16/01/25XAUUSD continues to hold the same bias as the past two weeks. As always, trade from the lows and aim for the highs. Orion provides us with a clear rule set to follow, allowing us to sit back and wait for our alerts to trigger.
This week, the main plan is to build more upside momentum while waiting for price to return to the lows. This would align with our long entry criteria. If the current target highs are reached, we’ll look for new lows to form and trade from.
Our approach remains simple: trade long to the highs, then wait for the next setup to appear. With Orion guiding the way, we simply follow the rules.
Trade within your risk limits and trust Orion.
EURUSD 26/01/2025EU this week giving us the bullish bias that we carried over from the Tuesday morning bias change. of course Orion told us as soon as the bias changed and we stayed on its tall the whole way to its current position. as it stands we are looking for longs into the target highs we have marked on our chart, but of course without a pullback we expect price to keep running and hit our targets . if we do carry the bullish move to our targets without hitting an entry low we will look for a new low to be created to then trade up into the highs once again. but our plan currently is the lows to be ran and the current targets remain in place giving us a strong target high to aim for.
Trade safe stick to your plan and always follow Orion!
$XRP - Bullish on 4 HR CRYPTOCAP:XRP is looking bullish look for a breakout here. BTC is holing over 105k so far. Market looks to continue its bullish grind up. Eric Trump stated that US Crypto would not be subject to Capital Gains. XRP would be a qualifying US token if its does get confirmed. That is a bullish catalyst, there are several XRP applications for ETFs filed as well. 👀
The New Competition is apon us📈 Upcoming CME Trading Competition: What Traders Should Know 📈
The CME Group is gearing up for its annual trading competition, and it's an excellent opportunity for traders to showcase their skills in a simulated, risk-free environment. Here are some key points to keep in mind:
Key Factors to Watch Out For
Real-Time Data Feeds: Ensure you have access to accurate and timely market data.
Diverse Asset Offerings: Familiarize yourself with the various asset classes available, such as agriculture, energy, metals, equity indices, interest rates, and foreign exchange.
Competition Environment: Understand the rules and regulations to avoid disqualification.
Psychological Pressure: Stay calm and composed, as the competitive environment can be intense.
The Importance of Backtesting
Backtesting is crucial for developing a robust trading strategy. By using historical data, you can simulate trades and analyze the effectiveness of your strategy5. This helps in identifying potential flaws and refining your approach before risking real capital.
Inspirational Quote
To wrap things up, here's a quote by the legendary trader Jesse Livermore: "The game of trading is the greatest game in the world. If you are wise enough to learn it, you can do anything you want to do."
Best of luck to all participants! May your strategies be sound and your trades profitable. 🚀
MAVIA liquidity hunt in play?$MAVIA has fallen below horizontal support and in dip discovery. The liquidity has been hunted and the market has priced in unlocked beginning in February.
However, now that this is out of the way the Mavia price can resume finding its true value. Divergence on the 4h, both momentum and trend oscillators suggest the selling pressure is slowing down. A chofch will provide greater confirmations of a reversal.
Update to Dogecoin Broadening Wedge.It's been quite the ride eh? lol As we near February, I expect everything to be very volatile. Dogecoin still has bullish volatility on the Weekly while developing a gnarly Bullish Pennant Pattern on the Daily. Both measurements lead Dogecoin possibly reaching 1.85. But if the Bullish Pennant doesn't hold and we break the .382 Fib.. expect pullbacks to .236. Stay Frosty and Good luck
EURUSD: Trade Plan - 26/Jan/2025Hi Traders,
In the bigger picture EU has already completed the potential correction and is ready to push up.
We are going to track the behavior in smaller timeframes in order to get the better entry along with confirmation (the same has been shared separately).
Now without going into depth, looing at EU, it loos it n make a new low before final push up or can go up without breaking the recent low in LTFs. All in all the bias is up.
GADANG - Turning BULLISH based on ICHIMOKU CLOUD ?GADANG - CURRENT PRICE : RM0.355
GADANG is changing trend from sideways to UPTREND. Take note that the high is getting higher and the low is getting higher.
The stock is BULLISH based on ICHIMOKU CLOUD because :
i) CHIKOU SPAN is above candlestick
ii) Price is above CLOUD
iii) CHIKOU SPAN is above CLOUD
iv) There is a bullish crossover (TENKAN SEN crosses up KIJUN SEN) - Personally i don't use TENKAN SEN and KIJUN SEN to trading or analysing.
ENTRY PRICE : RM0.355
TARGET : RM0.385 , RM0.410 , RM0.440
STOP LOSS : RM0.320
Notes : GADANG is a construction company. According to TA Research, the group's construction order book stood at RM1bil as of end-November 2024. The company is syariah compliant.