Trend Analysis
XRP possible to revisit $1.78XRP appears to be forming a WXY correction pattern, potentially a zigzag structure, with each segment comprising three subwaves within Wave 4. The projected reversal zone for Wave 4 aligns with the 100% extension level on the Fibonacci trend, targeting approximately $1.78 .
QQQ: Annual outlookHey Friends,
Here is the annual outlook for QQQ!
Annual Levels:
Ref: 550.31 (Reference Target)
High 1: 575
High 2: 622.009
High 3: 668.81
Range Ceiling: 725
Low 1: 462.92
Low 2: 420.57
Low 3: 374.57
Range Floor: 322
ARIMA Forecast
Point Forecast at Day 252: 532.2314
80% Upper Confidence Level at Day 252: 707.6069
95% Upper Confidence Level at Day 252: 800.4451
80% Lower Confidence Level at Day 252: 356.8559
95% Lower Confidence Level at Day 252: 264.0177
SPY Technical Analysis for Jan. 2, 20251-Hour Chart Trading Analysis:
Current Observations:
* Trend: SPY is trading within a descending wedge pattern, suggesting a potential breakout soon.
* Volume: Slight increase on the recent candles, indicating growing interest.
* Indicators:
* MACD: Starting to show signs of bullish divergence, with the histogram nearing the zero line.
* Stochastic RSI: Moving upward from oversold territory, which is a positive signal for potential buying.
Trading Strategy:
* Bullish Scenario:
* Entry: Wait for a breakout above $588.60 with strong bullish momentum and increased volume.
* Stop Loss: Set below $577.24, the recent swing low.
* Target: First target at $595, with an extended target of $600.
* Bearish Scenario:
* Entry: If the price breaks below $577 with strong volume, enter a short position.
* Stop Loss: Place above $588.
* Target: First target at $570, with an extended target of $560.
Daily Chart GEX Analysis:
Key Levels from GEX:
* HVL: $584.41 acts as a strong Gamma Wall, suggesting a potential reversal area.
* Call Resistance: Significant resistance at $595 and $600 levels.
* Put Support: Strong support at $577 and $560.
Options Strategy:
* Bullish Play:
* Call Option: Buy calls with a strike at $590, expiring in 2 weeks, targeting $600.
* Suggested Position Size: Moderate, as IV is relatively low.
* Bearish Play:
* Put Option: Buy puts with a strike at $575, targeting $565.
* Suggested Position Size: Moderate, as IV is stable.
Summary and Recommendations:
* Trading: Monitor for a breakout above or below the wedge. Ensure confirmation via volume and indicators.
* Options: Align with the trading direction, and choose strikes close to GEX levels for maximum leverage.
* Caution: The GEX data suggests strong resistance at $595-$600 and solid support at $577-$560, making those levels critical decision points.
Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research and manage risk effectively before making any trades.
XRP What will happen in the future?The price has formed a bullish flag on the daily time frame, and if it breaks out, it can drive the price up to around $2.9. I don't know why this coin reminds me of BNB!!!
Give me some energy !!
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Best regards CobraVanguard.💚
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
GBPUSD ANALYSIS 2025What numbers are telling about the macroeconomic conditions around GBPUSD pair?
GBIR 2.3%
GBINTR 4.75%
GB02Y 4.4%
Basically, UK is not facing hard challenged as EU currently facing, which means GBP has stronger grounds against the USD strengthening.
Still I expect GBPUSD to visit 1.2300 and 1.2000 levels before evaluating market's next direction of trend.
There will be 2 major contributors to the GBPUSD fall.
1. Shrinking EU economy.
As GB has strong economic ties with EU falling Euro will also drag GBP down partly.
2. Tightened monetary policy.
Currently inflation rate in UK is not far from the target rate which is 2%. However, lending rate of BOE is high, sitting at the level of 4.75%. Considering that the current Labour government will boost construction and development industries business will need to be able to obtain cheaper borrowing, as current rates is against the tide of the targeted housing developments. BOE will decrease the rates probably 4 times and I believe in the correlation with FED in 2025 which will boost GBPUSD to continue its downtrend.
Currently, we are watching for sell trade opportunities in GBPUSD on lower time frames.
NEW UPDATE OF XAUUSD GOLD 1HNEW UPDATE OF XAUUSD GOLD 1H
hello my dear followers today i post new chart of gold
acording to my according to my analysis gold well go up
and break the resistance now the price of gold 2604
entry point 2604
target 2650
stop lose 2590
my followers keep follow me and sport me
ETHUSD BREAK THE RESISTANCEETHUSD BREAK THE RESISTANCE
hello my dear followers today i post new chart of ETHUSD
according to analysis ETHUSD going up
As you all see in this chart 📊 support touch two time to support area and move back to resistance quickly and touch two times to resistance erea but no move back ETHUSD Continuesly going up trande And break the resistance and hit my target🎯
Entry point 3401.10
Target 3529.73
Stop⛔ lose 3356.07
Give me some energy !!
NOTE : 📬 COMMENT, ✅LIKE AND ☑️ FOLLOW. THIS CAN HELP ME TO ANALYSE THE MARKET MORE EFFICIENTLY FOR YOU.
2025 Outlook : DXYThe U.S. Dollar Index (DXY), which measures the dollar's value against a basket of major currencies, has shown notable strength in the last quarter of 2024. This trend is influenced by several key factors:
1) Federal Reserve Policy and Inflation Concerns
The Federal Reserve's renewed cautious approach to interest rate cuts has been pivotal in supporting the dollar's value.
Concerns about inflation, potentially exacerbated by anticipated fiscal policies under President Donald Trump's administration, further contribute to this cautious monetary approach.
The Fed's reluctance to reduce rates aggressively may continue to bolster the DXY.
2) Economic Performance and Trade Policies
The U.S. economy's robust performance, coupled with expectations of new tariffs and tax reforms under the Trump administration, is anticipated to sustain the dollar's strength.
However, these policies may lead to increased inflationary pressures, influencing the Fed's monetary decisions and, consequently, the DXY's trajectory.
3) Global Economic Comparisons
Comparatively weaker economic growth in regions like Europe and Japan, where central banks maintain dovish policies, enhances the dollar's appeal.
This divergence in economic performance and monetary policy stances contributes to the DXY's bullish outlook.
Projections for the DXY in 2025 may vary.
A rise to around the 115 level (2022 high), driven by the factors mentioned above, seems very likely.
Additionally, based on the Fibonacci Extension, the DXY could possibly reach a high of 124.50 in the long-term.
However, fluctuations are anticipated at those historic high levels, with some significant declines.
While the current outlook for the DXY appears bullish, it's essential to consider potential risks, including:
- Trade Policies: The implementation of new tariffs could introduce uncertainties affecting the dollar's value.
- Global Economic Conditions: Improvements in other economies or shifts in their monetary policies could influence the DXY's trajectory.
- Domestic Economic Indicators: Factors such as the U.S. budget deficit and overall economic health will play significant roles in shaping the dollar's strength.
USDJPY SELL | Idea Trading AnalysisUSDJPY is moving to the upper boundary of the ascending channel.
The volatility of the movement has decreased.
The price has reached the resistance level.
We expect a decline in the channel after testing the current level
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity USDJPY
I still did my best and this is the most likely count for me at the moment.
-------------------
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ⚜️
GBPUSD - looking to drop to daily support level Hello mates, please feel free to share your trading ideas, and please give a Boost if you agree with my trading plan. My trading strategy is Price Action, which is the simplest strategy of trade on what we see the price movement on chart. A key part of my discipline is always setting a Stop Loss when opening a trading position. This ensures every trading position is risk managed. Our 1 to 1 trading training is available, please message. Trade well and good luck!
EurUsd could drop under parity in 2025 (0.95 target)Now that 2024 has concluded, EUR/USD has ended the year at its lowest point, marking a 7% decline from January and a 9% drop from its summer peak.
Most notably, the pair fell 6% since November—a significant move for such a typically stable currency pair, highlighting strong bearish momentum.
Technical Analysis
On the daily chart, the EUR/USD has shown a steady downtrend since its double top in August and September. Every meaningful reversal attempt was met with selling pressure, leading to a quick resumption of the downward trajectory.
The long-term (monthly) chart paints an even grimmer picture. The pair has been in a clear downtrend since its 2008 peak of 1.60, and it now sits precariously on critical support levels from the 2015 and 2017 lows.
Fundamental Outlook
The fundamentals align with the technical bearish trend. Diverging monetary policies and a bleak economic outlook for the EU add to the pair's struggles.
Conclusion:
Given these conditions, a drop below parity appears likely in the coming year. The most prudent trading strategy for EUR/USD is to sell into rallies and wait for further declines.
My target is 0.95, but, to be honest, I would not be very surprised by 0.9
Solana - It Just Looks Super Bullish Now!Solana ( CRYPTO:SOLUSD ) is creating a break and retest:
Click chart above to see the detailed analysis👆🏻
With the last monthly candle of more than +40%, Solana broke all resistance towards the upside and finally created a new all time high. Now we are seeing the perfect retest of the previous resistance which is now turned support and another strong move higher is absolutely possible.
Levels to watch: $200, $400
Keep your long term vision,
Philip (BasicTrading)
Fantom: A New Bullish Wave? You Bet! The Money AddictGood evening amazing you!
Do you like Fantom? Maybe you do.
Some charts are just easy to read...
Today's green candle just negated three days of bearish action. The correction on this pair started on the 16th of December. It is likely that it ended today. Notice how the down-move is many times faster than the up-move. This is good.
A two months long consolidation phase leads to a bullish impulse. The impulse is invariably corrected. The correction ends as a higher low. The higher low is invariably bought by the bulls and the market continues to grow.
We have a very nice dynamic depicted on the chart. First, we can see the Fib. retracement level working its magic. We can see that FTMUSDT moved below 0.786. This is because this pair is not as big as the others, so there is more volatility and thus it moves below 0.5 and 0.382. Another reason why it can drop so fast is because the rise was equally strong. After such a strong correction, all weak hands have been removed, we are bound to see additional growth.
Ahhh! The breeze... A green breeze. Can you feel it?
Can you smell it? Can you perceive it?
I think its money. I can sense money rushing towards us. Brace yourself, it will be so much that we might lose control.
Thanks a lot for your support.
Accept money.
Money is good.
Money opens the doors for love.
Money can give you security, confidence and the ability to experience many of the wonders of the world. Without money, many doors are closed. With Crypto, the money can flow.
Namaste.
GOLD - Price can little correct and then continue grow in wedgeHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Some days ago price bounced from $2720 resistance level and tried to grow, but failed and started to decline inside wedge.
In wedge, price broke $2720 level and dropped to support line of wedge, breaking $2595 level as well.
After this, price made upward impulse to $2720 level, breaking $2595 support level again and then made correction.
Gold rose to resistance level again and then corrected to support level, where some time traded near.
Recently, price started to grow from support line of wedge and I think it can make correction movement.
Then Gold can turn around and continue to move up to $2690 resistance line of wedge.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Euro can exit from pennant and continue to fall nextHello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price some time ago started to grow and soon broke resistance level, which coincided with the seller zone and continued to grow in range. Later EUR reached the top part of the range and then made a correction movement to the resistance level, after which rebounded and quickly rose back. Then price started to decline and in a short time fell to the 1.0475 level and even made a fake breakout of this level, after which backed up to the range. But soon, the price turned around and dropped to the current resistance level, thereby exiting from the range and breaking the 1.0475 level. Next, the price made an impulse up inside the downward pennant, but later it made a small correction. After this, EUR rose to the resistance line of the pennant and then turned around and dropped to the support line, breaking the 1.0350 level, which coincided with the resistance zone. A not long time ago price bounced from the support line, therefore I think that the Euro can reach the resistance zone and then continue to decline, even exiting from the pennant pattern. That's why I set my TP at 1.0240 points. Please share this idea with your friends and click Boost 🚀
CADCHF Potential UpsidesHey Traders, in this week we are monitoring CADCHF for a buying opportunity around 0.62900 zone for a buying opportunity around 0.62900 zone, USOIL is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.62900 support and resistance area.
Trade safe, Joe.
Gold Trade Plan 02/01/2025Dear Traders,
price Continue movement according my last Idea ,
i expect price will be Start Downward movement 2640-2660 Area to 2600-2580
"If you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content."
Regards,
Alireza!
PONKE: $0.31 | Just Charts 90% Accuracy using Hopium Line of sentiment
with the CABAL DEV inidicator
suggest a synndicated buy up of the usual suspects
it covers sentiment and directional bias more on
the motive of the handler to inflict pain joy and windfall of gains
for long short players .
WHY 90% ?
well if the designated COiN OPERATOR sees this
SHE may discredit ittor INVALiDATE the playout to protect her ego .. lol just kidding folks
the 10% is the BLACK SWAN
q1 trump run .. should lift all boats.
3x with Volume here
is like a super meme coin making 10,000% on a day trade in the DEX SCENE
and FOLKS at $0.80 cents.. take it easy guys your road to break even has just began
how its done ???
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