Greetings, this is our Elliott Wave Analysis for the current XRP chart on the 4H timeframe. Enjoy! :) We assume that we have a blue Wave 1 in and work on a blue Wave 2 of the 5th Wave of a higher timeframe. Blue Wave 2 support sits between the 0.5 FIB at 2.8648 USD and the 0.786 FIB at 2.5587 USD. After blue Wave 2 is in we will look for an impulse to the upside in blue Wave 3. We assume blue Wave 2 is currently ongoing as a WXY displayed in red here. Where we finished Wave W & X and are working on the red Wave Y which is unfolding as an ABC displayed in orange where we are working or finished orange Wave B in the yellow ABCDE triangle. For targets areas we get plenty of confluences around that 2.83 USD to the 2.77 USD area where the 1 to 1 FIB ratio at 2.7972 USD sits. We also got a wick low right above at 2.8277 USD which could provide some liquidity for a bounce. Further support would be at the swing low at 2.7107 USD which sits right in the golden pocket displayed at the green box in our blue Wave 2 support area. And in case we go deep into the support area we have a 1.618 FIB at 2.5447 USD which is in confluence with the 0.786 FIB at 2.5587 USD of our blue Wave 2 support area. That would be a rather deep retracement and we don't want to see a sustained break of the support area. Be aware that a break above the yellow line at 3.2031 USD would be the first indication that we might be going up more directly up or that yellow Wave C of the Elliott Wave Triangle in orange Wave B is resetting. A break above the yellow A Wave at 3.2854 USD would invalide the Elliott Wave Triangle in the yellow ABCDE and indicate that the price is following another count or breaking out to the upside. Thanks for reading. NO FINANCIAL ADVICE.
Altseason is upon us, and now is the time to start dollar-cost averaging into your favorite crypto gems. One of our picks for this altseason is AgentLayer - best characterized as an Artificial Intelligence and AI Agents project. ? Why? Our altcoin picks are based on the following criteria: High growth potential : Projects with room for exponential gains. Undervalued : Market cap still flying under the radar. Limited CEX listings (for now) : Undiscovered gems poised for exposure. Community-driven momentum : A strong, dedicated community pushing adoption. High risk, high reward : A speculative but calculated play. Partnerships and roadmap promises : Indicators of future expansion and relevance. Potential for major exchange listings : A game-changer that could drive price action. Circulating Supply Ratio : A circulating supply close to 100%, indicating robust tokenomics and minimizing dilution risk. ? Prerequisites for Thrill and Euphoria For low-cap altcoins to thrive, specific market conditions need to align. Here's what we're assuming: Bitcoin follows the 4-year cycle: Maintaining historical trends of market phases. We remain in a crypto bull market: A rising tide lifts all boats. Altseason begins: A period of intense growth and volatility for altcoins. Retail money floods in: Increasing mainstream interest and participation. Global markets are "healthy-ish": No major economic black swans. Monetary policy shifts to QE (quantitative easing): A return to liquidity-friendly environments. ? What is your top picks for this altseason? This is not financial advice. Always do your own research before investing.
CADJPY_4H BEARISH Everything is mentioned on Charts. Please always look for double confirmation before entry. Wish you Happy & safe Trading. Trade as per your own RISK Please Note: My studies are for educational purpose only. Please consult your financial advisor before Trading or Investing. I'm not responsible for any kinds of your Profits & Losses.
? Gold Returns to All-Time High: Is a Major Correction on the Horizon? ? Strong Reaction at Historical Highs Gold has returned to its all-time high zone, and as it touched this level, prices have seen a significant reaction, dropping $20 to around $2,770. On the H4 timeframe, candles show strong selling pressure at the highs, signaling a potential deeper correction. As the market opens next week (Monday), there is a high likelihood of a GAP (price gap) forming on smaller timeframes due to the current momentum. ? Technical and Fundamental Insights Double Top Formation: Gold shows signs of forming a Double Top pattern at its historical peak. Combined with technical signals, this suggests a possible short-term corrective wave. Crucial News from FED and Trump: Next week, the market anticipates critical updates from the Federal Reserve (FED) regarding interest rate policies. President Trump’s fiscal and monetary policy announcements could also drive significant volatility in gold prices. Low Liquidity Conditions: With many Asian nations entering their Lunar New Year holidays, market liquidity is expected to decline, potentially leading to heightened volatility. ? Price Behavior Analysis Based on insights from DXY, SWAP CHARGE, and FVG analyses: DXY Weakness: While DXY's weakness supports gold, heavy selling pressure near the highs indicates a possible corrective phase. SWAP CHARGE Shifts: The shift from buying to selling suggests that selling pressure is currently dominant, supporting the likelihood of a gold correction. ? Key Levels to Watch Next Week Resistance: $2,786 - $2,790: This is the previous all-time high and a critical resistance level. A breakout above this zone could trigger a stronger bullish trend. Support: $2,758 - $2,735 - $2,718 - $2,694: These are the major support zones to monitor in case of a deeper correction. ? Conclusion: Given the current dynamics, gold appears poised for a potential correction after testing its all-time highs. This aligns with technical signals and fundamental developments. Traders should closely monitor key levels and upcoming announcements from the FED and President Trump to stay ahead of market movements. ? Follow KevinNguyen-SimpleTrade for more in-depth analysis and market updates! ?
SOL has recently bounced off a major support level on the 4-hour timeframe, with the RSI confirming oversold conditions. Additionally, increased network activity and a surge in DeFi adoption on the Solana blockchain indicate growing demand. These factors point toward a potential bullish movement for SOL in the coming sessions. ? Expectations: We anticipate SOL to re-test key resistance levels as highlighted in the attached chart. A breakout above these levels could lead to a stronger rally. ? Trading Strategy: This setup combines technical analysis and fundamental metrics, making it suitable for medium to long-term trades. Always maintain adequate margin and implement proper risk management to handle market volatility effectively. ? Trading Rules: 1️⃣ Rule 1: Enter the trade only if the price surpasses our entry-level (GREEN LINE ON THE CHART). 2️⃣ Rule 2: Upon reaching Target 1, consider closing part of your position or moving your STOP LOSS to the ENTRY price to lock in profits. 3️⃣ Rule 3: Refrain from opening new trades based on the same signal once Target 1 is achieved. 4️⃣ Rule 4: If SOL consolidates near resistance for more than 2 days, close the trade and wait for the next favorable setup. ? Disclaimer: This is not financial advice—just an educational post sharing my thoughts and ideas. Always do your own research and consult a financial advisor before making any investment decisions. Feel free to reach out with any questions or feedback. Happy trading! ?✨
Key Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # PotlatchDeltic Corp Stock Quote - Double Formation * A+ Set Up)) At 58.00 USD | Subdivision 1 * (Consolidation Argument)) | Bias On Hold - Triple Formation * No Trade)) | Pattern Confirmation | Subdivision 2 * Numbered Retracement | Downtrend Entry | Subdivision 3 * Daily Time Frame | Trend Settings Condition Active Sessions On Relevant Range & Elemented Probabilities; European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Neutral
Not the way I wanted it to go this morning but still managed to get a quick short position?. Happy Sunday folks✌?.
Ordi has reached its major support level, lvl 1. You can take a step to buy. It is worth it in the medium and long term.
Disclaimer: This analysis is not a trade advice but a personal opinion. check it for study purpose only. Greeting! Kindly let me know what do you think about US 100 Index in the comment section. Current Price: 21750:00 US 100 Index is working under the range of 22200.00 to 21300.00 and its is showing support at the bottom while it shows resistance at the top. If we check H4 candle in US 100 Index chart it has double topped has shown rejection which confirm our top resistance and bottom support analysis. Now the chart has completed "W" pattern which further indicate a huge drop in US 100 Index. Now market's next target will be 21350.00 which is unlikely to show any kind of support as market is more likely to show support from bottom 21050.00 which also our demand zone. Supporting Levels: 21350.00, 21050.00 Resistance Levels: 21900.00, 22150.00 Demand Zone: 21050 Like, comment and support for more updates. Thanks for showing support
The first trade alert of the year is Beam. I'm adding Beam to my investment portfolio, allocating between 0.5% and 1% of my portfolio to it. Beam focuses on solar energy for electric vehicles. Here are their main products: EV ARC: All-in-one solar-powered EV charger with built-in battery; completely self-contained and portable. Solar Tree DCFC: A single-pole solar station provides fast charging (50kW) for multiple vehicles and works off-grid. EV-Standard: Clever streetlight conversion that adds EV charging using a mix of solar, wind, and grid power. UAV ARC: Off-grid charging system specifically designed for drone fleets. THE FINANCIALS: The company has a very small market capitalization: $47 million. This means high-risk, high reward! Here's why I think the company is underpriced: Stock price has declined by 95% since 2021 While the revenue 7x since 2021 Income is improving and it was positive in Q3 2024 The company has very low debt, and it's investing in lots of production resources P/S (Price-to-Sales) Ratio: Market Cap / Revenue = $47.13M / $60.88M = 0.77x: quite low, as P/S ratios below 1 generally indicate potential undervaluation. TEV / Revenue = $44.42M / $60.88M = 0.73x: Also very low. Market Cap vs TEV: The fact that TEV ($44.42M) is lower than Market Cap ($47.13M) indicates the company likely has net cash on its balance sheet, which is positive. WHY I'M BULLISH ON BEAM Profit margins are increasing Record Pipeline of over $200 million. That's more than twice their annual revenue. In late 2024 they have improved in-house production capabilities, they are expanding new products and European sales are going well, launched the Beam Reseller Program and they are hiring more sales people. Watch the CEO here. The company has great management. The Trump administration will support US manufacturing and American job creation and is likely to support energy resilience. Lower interest rates will help clients to buy more Beam equipment. Profitability seems close. THE TA Beam price is down 96% since its all time high in 2021. Still, the revenue, earnings, and balance sheet are now better than ever. According to the technical analysis, I don't see much resistance for the price to past the $10 and perhaps get close to the $15 to $20 range. RISKS The company is still fairly small and could be crushed by big competitors. Early stage growth and small capitalisation = volatility The Trump administration might ramp up nuclear power, making solar a less feasible source of energy. Quick note: I'm just sharing my journey - not financial advice! ?