Hi Traders, on March 20th I shared this idea "UK100 - Expecting The Price To Drop Lower Further" https://www.tradingview.com/chart/UK100/UFFovehM-UK100-Expecting-The-Price-To-Drop-Lower-Further/ I expected the price to drop lower further. You can read the full post using the link above. Price dropped lower as expected!!! If you enjoy this idea, don’t forget to LIKE ?, FOLLOW ✅, SHARE ?, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! ? ------------------------------------------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
This is our first TP out of 5, please do take one position out. Later, you will see the power of investing.
fibo spiral #ALMAZOV Fibonacci projection with golden numbers, A. A. Almazov's course, closing of the bullish trend cycle, reaching reversal levels, for shorts
CME Group’s newly launched Solana futures enable institutional grade access to the cryptocurrency, offering investors access to compelling relative value opportunities. This paper provides a background to Solana in relation to other major blockchain networks and cryptocurrencies. Mint Finance will outline the execution of crypto market spread trades using CME futures in an upcoming paper. Solana is a high-performance public blockchain launched in 2020 by Solana Labs, founded by Anatoly Yakovenko (a former Qualcomm engineer). Yakovenko first proposed Solana’s novel Proof of History (PoH) concept in 2017 as a solution to blockchain scalability. He assembled a founding team including former Qualcomm colleague Greg Fitzgerald and others and named the project after a California beach town. Backed by early venture funding, Solana’s mainnet launched in March 2020. The vision was to enable ultra-fast, low-cost transactions for decentralized applications (e.g. DeFi, gaming), addressing limitations of Bitcoin & Ethereum in speed and fees. Solana has grown rapidly to become one of the most used networks and amassed a market cap of USD 64 billion, making it one of the largest digital assets. What is behind the massive surge? Is it due to flip ETH as the home of DeFi? How Does Solana’s Blockchain Rank? https://www.tradingview.com/x/qUo7uQik/ While Solana’s low fees and fast transaction speeds have driven high trading volume, transaction count, and wallet growth, it still trails ETH in Total Value Locked (TVL). To achieve its high transaction throughput, Solana has made certain compromises on decentralization. https://www.tradingview.com/x/ULWHiC1c/ In terms of ecosystem development, Solana is seeing rapid growth. The Electric Capital 2024 developer report found Solana attracted the most new developers in 2024 – more than any other ecosystem (even Ethereum’s, despite Ethereum’s broader base). Solana now has ~2,500 monthly active developers, second only to Ethereum’s ~8,900 (which includes many working on Layer-2s). This loyal & expanding developer base has been a key factor behind Solana’s explosive growth. DEX Surge and Meme Coin Mania Solana’s early growth was driven by NFTs, supported by low fees and a loyal community that made it a hub for NFT trading. These factors continued to attract users even after the NFT boom subsided. Its fast, low-cost blockchain and strong developer base have enabled the launch of many user-friendly and popular applications. More recently, Solana’s growth has been fuelled by surging decentralized exchange (DEX) volumes and a wave of meme coin minting. By November 2024, meme coin trading accounted for an all-time high 65% of monthly DEX volume on Solana’s largest DEX, Raydium. Raydium even overtook Uniswap in monthly volume that month. Solana’s advantages in cost and speed have been pivotal in this trend. Transaction fees on Solana are negligible and on-par with L2 chains. This cost advantage makes minting and trading low-value tokens (like meme coins) economically feasible on Solana but prohibitively expensive on Ethereum layer-1. Similarly, Solana’s block times (~0.4 seconds) and high throughput enable rapid trading. Traders can execute many rapid swaps on Solana DEXs without the delays and slippage that Ethereum’s ~12-second blocks and occasional congestion introduce. Solana’s speed and low fees thus attracted a flood of retail speculators for meme coins and high-frequency trading strategies. Ethereum’s ecosystem still offers deeper liquidity and broader dApp selection, but Solana capitalized on specific niches (e.g. meme coins, real-time trading) where Ethereum’s costs are a barrier. However, this explosive growth was not without turbulence. In early 2025, a “meme coin meltdown” saw activity cooling off after several scam tokens collapsed. By February 2025, Solana’s share of total on-chain DEX volume, which had topped 51% in January, retreated to 24% as some froth cleared. https://www.tradingview.com/x/X6GJWmqK/ Data Source: Artemis Scandals like a fake “Libra” token (which vaporized $4.4B in market cap) and a Trump-themed token rug pull dented retail sentiment. Even so, Solana’s DEX volumes remain on par with Ethereum’s entire ecosystem (L1 + L2), a remarkable feat. VanEck’s Feb 2025 report noted that despite an 80%+ drop in new meme token launches since January, Solana DEX activity “is still holding its own – roughly matching the entire ETH ecosystem”. In short, the meme coin mania has demonstrated Solana’s capacity to manage massive retail-driven bursts of activities that might overwhelm other chains. Market Metrics For BTC, ETH, and SOL https://www.tradingview.com/x/A0uuAFWl/ Since the bottom of the bear market following the FTX collapse. Solana has delivered a stunning recovery, far outperforming both BTC and ETH, but the massive gains were partly explained by the much sharper decline following FTX. During 2024, SOL performance moved in lockstep with BTC with both assets delivering stunning returns. However, the performance diverged sharply after Jan/2025, coinciding with the collapse in DEX trading volume. The sharp correction since has erased most of the 2024 gains while BTC has remained resilient. https://www.tradingview.com/x/C5G6gAYP/ Solana has, nevertheless, managed to outperform ETH which has suffered an even deeper correction over the past few months. https://www.tradingview.com/x/SOPhwTV4/ Data Source: TradingView Historical volatility for all three assets shows a similar trend but differ in magnitude. SOL has the highest volatility while ETH follows second and BTC is least volatile. During spikes, the differences become exaggerated, but during lows, the values can reach similar lows. https://www.tradingview.com/x/BurNv203/ For traders, higher volatility can be both an opportunity and a risk. While SOL’s performance is positively correlated with both ETH and BTC, this correlation breaks frequently (more commonly with ETH) and these periods of divergence present compelling spread opportunities. https://www.tradingview.com/x/eyEZS4sl/ The trend for implied volatility (IV) is like HV with SOL’s IV the highest and Bitcoin’s IV the lowest. Recently, IV has started to edge up again following a decline through March. https://www.tradingview.com/x/vGsGsj3K/ Trading Solana and Crypto Spreads With the launch of CME’s Solana and Micro Solana futures, investors can express views on Solana’s growth and take tactical positions that benefit from relative outperformance. Mint Finance will outline the execution of crypto market spread trades using CME futures in an upcoming paper. CME Solana futures provide exposure to 500 SOL per futures contract and reference the CME CF Solana-Dollar Reference Rate. CME Micro Solana futures offer a smaller notional value to create more balanced spreads and for fine-tuning exposure. The micro contract provides exposure to 25 SOL. Additional details about the contract including margins, calendars, and specifications are available on the CME Solana product page . MARKET DATA CME Real-time Market Data helps identify trading set-ups and express market views better. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme . DISCLAIMER This case study is for educational purposes only and does not constitute investment recommendations or advice. Nor are they used to promote any specific products, or services. Trading or investment ideas cited here are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management or trading under the market scenarios being discussed. Please read the FULL DISCLAIMER the link to which is provided in our profile description.
Gold is on its way to reach the ST target (may be by April 11th) of 3182 based on magic lines and ABCD pattern. I think a retrace is due towards last week high then the impulsive move to 3182.
OANDA:XAUUSD Short scalping strategy with a high win rate.
The market needs to make a decision to either follow through or trap last minute bulls from yesterday.
Does the continued rise of XAUUSD make you panic? Don't know how to make a good trade? This is correct, because you don't understand the market and are not in my analysis circle, so you can't capture the first real-time trading opportunity. As shown in the figure, the market is digesting bearish sentiment. Although there is some decline, the space is not large. The current trading opportunity is mainly buying, with the double support below plus geopolitical uncertainty and the certainty of tariffs. Under multiple supports, it is difficult for XAUUSD to achieve a substantial decline in the entity, so long is still the key. The trend shows signs of retracement, but we need to pay attention to the impact of market news. I have said this before. Under the influence of news, it is difficult for the trend to go out of the independent market, and trading must be in line with the trend. The key support of 3120-3100 will continue from today to tomorrow and there is still room for significant growth. If you are a seller, remember to stop loss in time. Control risks. If you are a buyer, remember the purpose of swing trading, make money and leave. Trading is simply to resell the difference to make a profit. So don't let your trading mentality and greed overcome your reason and cause your account to be cleared. If you can't control the profit growth of your account well. Remember to leave me a message. I am absolutely professional in this regard.
? NYSE:NKE – Letzte Korrekturphase oder doch noch tiefer? ? Meine Gedanken: Nike befindet sich seit 1984 in einem übergeordneten Aufwärtstrend. Der Superzyklus wurde mit der Welle wahrscheinlich am 25. Oktober 2021 abgeschlossen. Seitdem läuft eine Korrektur in der Welle in Form einer ABC-ZigZag-Struktur, wobei wir uns derzeit in der finalen Welle (5) der -Welle befinden. Sollte dieses Szenario korrekt sein, dann könnte Nike zeitnah die Trendwende vollziehen und in die übergeordnete Welle eintreten. Langfristig würden sich daraus Kursziele von mindestens 351–420 $ ergeben. ? Kurzfristig sehe ich folgende mögliche Entwicklungen: Ich habe für die Welle 5 die möglichen Kursziele mittels Extensions berechnet: 62,35 $ (38,2 %-Extension) 49,94 $ (61,8 %-Extension) Zusätzlich liegt bei 38,41 $ das 78,6 %-Retracement der übergeordneten Welle , welches als letzte bedeutende Unterstützung dient. Kurzfristig könnte der Kurs, im bärischen Fall, noch bis dorthin fallen, bevor eine nachhaltige Trendumkehr stattfindet. ? Bärisches Szenario: ⚠️ Falls der Kurs nachhaltig unter 49,94 $ fällt, wäre das ein klares Warnsignal. In diesem Fall müsste wir mit einer weiteren Abwärtsbewegung Richtung $38,41 rechnen. Spätestens dann sollte die Trendwende erfolgen. ⚠️ Sollte sich eine alternative übergeordnete ABC-Flat-Struktur ausbilden, könnte nach einem korrektiven Anstieg in einer B-Welle bis 224,77 $ (138,2 %-Retracement der A-Welle) nochmals eine Abwärtsbewegung in der C-Welle folgen. Die genauen Kursziele müssten dann noch einmal projiziert werden, aber diese könnte noch einmal die aktuellen Kursniveaus anlaufen. ? Bullisches Szenario: ✅ Ein nachhaltiger Durchbruch über 97,07 $ (50 %-Retracement der Welle (4)) wäre der erste starke Hinweis auf eine abgeschlossene Korrektur. ✅ Sollte der Kurs sogar 224,77 $ überschreiten, wäre das ein klares Zeichen dafür, dass Nike bereits in der übergeordneten Welle ist. ? Unterstützungen & Widerstände: ? Wichtige Unterstützungen: ▪️ 62,35 $ – 38,2 %-Extension der Welle 5 ▪️ 49,94 $ – 61,8 %-Extension der Welle 5 ▪️ 38,41 $ – Letzte signifikante Unterstützung (78,6 %-Retracement der Welle 2) ? Wichtige Widerstände: ▪️ 97,07 $ – 50 %-Retracement der Welle 4 ▪️ 224,77 $ – Potenzielle überschießende Welle B ? Meine Analyse basiert auf der Elliott-Wellen-Theorie mit arithmetischer Darstellung. ? Folgt mir für weitere Marktanalysen! Beste Grüße, Jeff ✌?
DIGITEC has announced the appointment of Darryl Hooker as Head of Business Development and Partnerships. The firm said Hooker will lead its global growth strategy and strengthen relationships with banks and trading venues as demand rises for FX Swaps and NDF automation. Hooker brings over 40 years of experience in the FX markets, with a […]