GBPAUD - 24h expiry Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. The hourly chart technicals suggests further upside before the downtrend returns. Risk/Reward would be poor to call a sell from current levels. Preferred trade is to sell into rallies. Bespoke resistance is located at 1.9850. We look to Sell at 1.9850 (stop at 1.9900) Our profit targets will be 1.9710 and 1.9680 Resistance: 1.9850 / 1.9900 / 1.9930 Support: 1.9700 / 1.9600 / 1.9500 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Why am i analysing doge? why not. ENTER: now. SL:040:22 TP: 0.56.000
Good Evening and I hope you are well. tl;dr dax futures - Neutral until we get a decent 1h bar close below the 20ema. 20400 is overbought on probably every metric known to man. Does this mean we will sell off tomorrow? Sadly not. Can go even higher, since bears not doing anything and the buyers are still making money because we print daily new ath. Chances are there for a deep pullback into the weekend but they are very low and we need strong confirmation first. Zero interest in buying this. comment: Break one bull wedge and print another. Bulls are still in control. Bears need a 1h close below ema , which would also be a break of the nearest lower bull trend line. 20300 tomorrow would be nice and anything below 20250 really bad for bulls. Got no more bullish targets for you. It’s a bubble. It will pop. current market cycle: bull trend but very late and will end soon key levels: 20000 - 20400 bull case: Even beyonder overbought today. Can obviously continue but buying this is asking for getting trapped. Invalidation is below 20250. bear case: The 1h 20ema now hold for basically 1100 points. It will break over the next 1-3 sessions. 20300 is the first target for bears and they should finally stop the market from making daily new ath. Still a couple of bullish patterns that need to be broken first, before we can talk about two-sided trading or bears having arguments for lower prices. Invalidation is above 20400. short term: Only waiting for bears to come around. Zero interest in buying. Below 20100 into the weekend would be nice but it’s unlikely. medium-long term - Update from 2024-12-02: 20000 hit, hope you listened. This market is beyond overvalued and will drop 30-50% in the next 5 years. I have no doubts about that. That fact should not be relevant to your current trading at all. Now it’s about being patient and waiting for the profit taking to start. current swing trade: None trade of the day: Buying the open, duh. 1h 20ema held for more than a week now.
#VRA/USDT is heading towards the Sell-side Liquidity. Wait for SSL to be taken and tap towards 4H FVG. The local resistance level is PWH $0.007844.
Good Evening and I hope you are well. tl;dr gold - Neutral. Death zone is 2644 - 2688. Until we break out of it, I will not touch it again. Unchanged. But the accuracy is pretty amazing so far. I am not touching this but longs are preferred below 2650 for trading back up to 2670+. comment: Clear trading range so don’t over analyse it. 2644 has to hold for the bulls and bears need to stay below 2680 tomorrow. As long as these prices hold, you have to trade the range and mean reverse. Market is in total balance, so don’t try to guess where the next breakout will happen. current market cycle: trading range key levels: 2644 - 2680 bull case: If bulls fail at 2644, 2630 comes next and then the big bull trend line around 2620ish. They desperately need a close above 2680 if they want a buy signal going into next week and even then the upside is probably limited to 2700 and the bear trend line. Invalidation is below 2610ish. bear case: Bears are preventing the market from closing above the daily ema but fail to make new lows below 2644. No side has an advantage and if you don’t like scalping, it’s best to wait for a clear new trend. If bulls were strong and wanted to close this year above 2800, we would probably have seen it by now. Invalidation is above 2700. short term: Neutral. Market is in balance around 2630. medium-long term - Update from 2024-11-24: Likely to close 2024 above 2800 but I do think the recent selling was the first hint that we will transition into a trading range soon. current swing trade: None trade of the day: Selling above 2675 has been profitable since Monday.
It’s a young chart but a promising project like zeta gives me good vibes, the chart is similar to some of the previous cycle birds so I think it’s cool to have some and accumulate in percentages till the box , not sure if it’s goes in that direction tho but if it’s go it’s a chance .
#XVG/USDT is forming the Peanut Pattern in 4-Hour TF! Wait for a BO and successful retest to long $XVG. The local support level is PDL $0.014546 and the resistance level is PDH $0.02125.
Falling wedge broken Might be 20-25+ happen sooner or later
There’s a noticeable increase in buyer activity on BME:REN , suggesting growing interest. However, with the broader market showing signs of potential dumping, finding an optimal entry point remains challenging. I’ve identified a few key buy zones to consider, with one being significantly lower in case the market experiences a deeper correction. Key Observations: Buyer Momentum: Increasing volume indicates accumulation, but confirmation is needed for a strong trend reversal. Buy Zones: Multiple zones have been identified to balance risk and potential reward, including one very low zone as a contingency. Market Context: Current market conditions lean bearish, so patience and disciplined entries are critical. Strategy: Wait for price action to reach one of the identified buy zones. Look for confirmation signals (e.g., strong rejection wicks or bullish candlesticks) before entering. Manage risk carefully, considering the volatile market environment. Stay cautious and ready to adjust as the market evolves. I keep my charts clean and simple because I believe clarity leads to better decisions. My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups. My Previous Analysis ? DOGEUSDT.P: Next Move ? RENDERUSDT.P: Opportunity of the Month ? ETHUSDT.P: Where to Retrace ? BNBUSDT.P: Potential Surge ? BTC Dominance: Reaction Zone ? WAVESUSDT.P: Demand Zone Potential ? UNIUSDT.P: Long-Term Trade ? XRPUSDT.P: Entry Zones ? LINKUSDT.P: Follow The River ? BTCUSDT.P: Two Key Demand Zones ? POLUSDT: Bullish Momentum ? PENDLEUSDT: Where Opportunity Meets Precision ? BTCUSDT.P: Liquidation of Highly Leveraged Longs ? SOLUSDT.P: SOL's Dip - Your Opportunity ? 1000PEPEUSDT.P: Prime Bounce Zone Unlocked ? ETHUSDT.P: Set to Explode - Don't Miss This Game Changer ? IQUSDT: Smart Plan ⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
Bit Digital, Inc. ( NASDAQ:BTBT ): High-Risk, High-Reward Opportunity Trade Setup: - Entry Price: $4.30 - Stop-Loss:** $3.34 - Take-Profit Target: $8.40 - Long-Term Target: $16.77 Rationale: Bit Digital, Inc. is a digital asset mining company focusing on Bitcoin. The stock has exhibited significant volatility, often influenced by the performance of the cryptocurrency market. This setup presents a high-risk, high-reward opportunity, appealing to traders with a higher risk tolerance. Financial Performance: In Q3 2024, Bit Digital reported a net loss of $2.69 million, with total revenue of $98 million over the trailing twelve months. The company's financial performance is closely tied to Bitcoin's market dynamics. Volume and Short Interest: The stock has experienced increased volatility, correlating with Bitcoin's price movements and recent company expansions. The acquisition of renewable energy assets reflects a strategic move towards sustainable operations. Analyst Ratings: Analyst sentiment is mixed, with some maintaining a "Buy" rating and price targets around $6.00, indicating potential upside from the current price. Risk Management: Given the stock's volatility, strict adherence to the stop-loss at $3.34 is crucial to manage potential losses. The take-profit target of $8.40 offers a favourable risk-reward ratio, but traders should be prepared for significant price fluctuations. When the Market’s Call, We Stand Tall. Bull or Bear, Just Ride the Wave! *Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own due diligence before making investment decisions.*