Colleagues, I assume that price is completing a five-wave upward movement. I believe that the price may reach the resistance area of 6181.6 then I will consider only downward movement in correction to the area of 5846.5. It is possible that the price will immediately start moving towards this area, but this is a more risky plan. Still, I would like to see the completion of all waves “5” in one place! Manage your capital correctly and competently! Only enter trades based on reliable patterns!
ADA Head & Shoulder bounce off pivot point to confluence targets. We got the 4 hr green dot confirmed so momentum is to the up side. Nice head & shoulder pattern here and a breakout to the up side lines up perfectly with the measured move and R1/R2 levels.
SP:SPX The S&P500 index (SPX) has had an excellent run since the time (August 28, see chart below) we introduced the following piece of analysis on the similarities between the 2015 - 2017 fractal and today's 2022 - 2024: If it continues to replicate the past pattern into the 2018 fractal as well, then we may experience the last correction of the Bull Cycle around March 2025 towards the 1W MA50 (blue trend-line) as it happened in February - March 2018 and then the final rally to a new All Time High (ATH) towards the end of the year (October - December 2025). What this pattern shows, and what we've presented to you as a possible scenario on previous analyses, is for a new Bear Cycle to begin in 2026, four years after the Inflation Crisis of 2022, that will once more test the 1W MA200 (orange trend-line), which is the market's long-term Support. As a side-note to investors, it is important to understand that corrections are cyclical and crises systemic. Long-term, multi-year patterns like this, help us understand with a certain degree of efficiency, when to enter and when to exit. Timing is at times (especially on such long-term horizons), more important than pricing.
Grasim expected to get rejected from the levels of 2370. This short term move has produce 9 to 10%.
USDCAD is making new HH&HL it is creating matured bullish candles so and going to break the current resistance so the bias for this trade is bullish
Hello Traders, After breaking below the blue-trend-lines in 2h chart, I'll enter a short trade in retracement to the break. TPs are clear in the chart. Any breaks over the consolidation are a sign of bullish move. Today CPI new could fluctuate market and create false signls
Gold need a solid retracement which i am expecting to 2270 and will continue it's strong bull rally 4k+ in 2025.
Hello! This is my second Tron meme coins I've analyzed, because why not? Amidst broader alt market bleeds and uncertainty, I hope this you will find this informative to help in navigating the market! Assumptions: 1. Intended for spot holding/trade. 2. Bullish market into Q1 2025. 3. Robust against sudden dumps. 4. Understanding of memecoin and risk management. 5. Awareness of broader market, macroeconomics, and geopolitcs at play. Invalidations: 1. Breakdown and invalidation of current MS. 2. Tier 1 CEX listing Hype, if any. 3. Broader market extreme bearishness and unexpected turns. Lets start with broader aspects: 1. FDV and Vol/Market Cap: The coin indicates undergoing of correction phase after a parabolic rise in W1 December. Consider the consistent declining Vol, MCap, and OHLC --> shift from speculative to profit taking by earlier holders. Good for start of reaccumulation as shown by interest and liquidity albeit a bit volatile. Check the historical data and DYOR for this. 2. On going war in Middle East. 3. Google Willow quantum chip. 4. Geopolitics and dynamics between world's big bois. 5. Best to read 2-4 and DYOR, use AI for easier time summarizing info. Applied analysis: 1. ICT a. Liquidity: BSL: H4: 0.0165-0.0185 (50% fib). D1: 0.021-0.023 (23.6% fib). SSL: H4: 0.0136-0.0145 (golden pocket) & 0.0112-0.0125 (78.6%-85.4% fib, reversal zone). D1: 0.014-0.015 (golden pocket) 0.01-0.013 (78.6%-85.4% fib, reversal zone, MS last defense, and low swing). Potential for quick deep liq. sweep at H4/MM testing S-D, deeper liq. grab of these levels followed by a strong rejection could confirm a bullish OB. b. Order Blocks (Paired with VPVR): Bullish OB/Demand zone: H4-D1: 0.01-0.0137 (78.6%-85.4% fib) Bearish OB/Supply zone: H4: 0.017-0.0185 (50% fib) D1: 0.0195-0.0205 (23.6% fib) c. Fair Value Gap (FVG): H4: 0.0123-0.0136. Once current trading range broken down, expect price to revisit here. d. Market Structure: Premium-EQ-discount zone, HL-HH-LH-LL, PDH-PDL-PWH-PWL, BOS, and CHOCH as marked in the D1 chart. LTF-HTF indicate potential consolidation -> accumulation. A breakout above $0.03 would mark a BOS into higher timeframe bullishness. Observed EQH formed = ~0.0295. Observed EQL formed = ~0.01-0.0105 by 0.25 threshold. Potential EQL formed = ~0.012-0.014. 2. Candle Pattern: Watch formation of hard price rejection (long wick down/up), reversal candle, or bullish continuation i.e. morning star/engulfing/hammer on HTF or near OB/liquidity. 3. Fib Analysis: Use log price and log fib or vice versa, fib levels marked in the chart uses log fib-log price. 4. Technical Indicators: Use your most comfortable indicators, watch any reversal/bull div. signal or trend strength and continuations. EMA 50-100-200 could act as resistance/support. 5. Market Phase Interpretation (Wyckoff and Elliott): a. Wyckoff Accumulation: The PA seems to be in the late phase D Wyckoff Accum. b. Elliott Wave: My interpretation on this is ABCDE ascending triangle if H4 SSL (demand zone) holds, invalidated upon support convincing breakdown. c. Blending Wyckoff and Elliott: Wyckoff Phase D and Elliott Wave ABCDE Triangle usually share overlapping characteristics i.e. aligns with re accumulation market, indicating consolidation before a markup phase. Wave C = LPS in Wyckoff in this context. The breakout from wave E correlates with the SOS in Wyckoff’s Phase D. This is what I think, could be false completely. 6. Entries and Take Profit All marked in the chart. Use fib. extension to gauge the desired price target once breakout from the current D1 premium range confirmed. NFA. DYOR. Good Luck! Note: As per usual, for DCA use cascading buy order, set tight TP/SL for higher price zone based on your risk tolerance and trading style, re entry at lower price once price stabilizes in HTF should be safe. This way, you should be able to minimize your realized loss (i.e. 2-5% or 5-10% SL distance for each staggered entries in spot market) and optimize your returns (parabolic/god candle moves included). Follow your own risk management for max drawdown (MDD) tolerance and other metrics. Dont overcommit, use ~5% of your portfolio to see if this coin suit your taste.
CRYPTOCAP:USDT Dominance: Testing key 4.03%-4.07% support with bearish pressure from a descending trendline. A breakdown may target 3.95% or lower. Watch for resistance reclaim above 4.10%.
Guys wait for some time market will come down hold for Choch breakout.