EWTSU GOLD future intermediate (4) update intermediate (4) a contracting triangle developing end of minor C - minor D going to start (area 2629) invalidation 2762
Best penny Stock Fundamental very strong ROE. ROCE. Best 1 to 2 years Target ?? 450 To 550.
Price just landed on a monthly support. Earnings coming on Jan 27. It highly possible that the price will test the resistance at 16.8. SL triggers if a weekly candle breaks down the support closes under it.
Early on, I thought I could outsmart market volatility. I’d jump into trades during big moves, hoping to catch the wave. But one day, it caught me instead. The Day Volatility Got Me I remember trading during a news event. The market spiked in my direction, and I got excited. I moved my stop-loss higher to give the trade “room to run.” Then, out of nowhere, the market reversed. My gains disappeared, and I ended up with a bigger loss than I could afford. That trade taught me that volatility is unpredictable—and dangerous if you’re not prepared. What Volatility Did to Me -Tempted me to chase moves: I couldn’t resist jumping in, even when it wasn’t smart. -Shook my confidence: The wild swings made me doubt my plan. -Made me emotional: I panicked when things didn’t go as expected. How I Fixed It I stopped trading during news events unless it fit my strategy. I started using stop-losses and stuck to them, no matter what. And I reminded myself that no single trade is worth blowing my account. What I Learned -Volatility is part of trading—embrace it, but don’t let it control you. -A solid strategy and risk management are your best defenses. -Patience pays off when the market gets wild. Struggling with market volatility? DM me—I’ve been there and can help. I also have a webinar this Sunday to help you tackle this challenge and stay grounded. Kris/Mindbloome Exchange Trade What You See
The correction we are observing now is typical for this time of year (late December – early January). At the end of the year, institutional investors close positions to report profits to their investors (if they have any, of course), and many traders take winter holidays during the pre-New Year period. Market activity (which doesn’t necessarily mean growth) usually starts picking up from the second week of January. ?️ So, no panic, no sudden moves! Instead, while everyone else is selling in a rush, we look for entry points to reap the rewards later. ? Now, what about Bitcoin? First of all, we see that the price has approached the key support level of $91,000 and slightly bounced back. In fact, we have already entered the area of unrealized long liquidity, which ends at the $87,000 mark. It’s logical to expect this liquidity to be absorbed, as Bitcoin needs fuel for further growth. We might dip slightly lower – down to 85,000. If we don’t rebound from this level, the drop could be sharp and significant – the next major liquidity zone is below $70,000. Therefore, entering with a stop-loss is mandatory! ? Here’s the entry point: ? BTCUSDT - Long ?Entry price: $87,000 – $90,000 ?Target: $102,700 ?Stop-loss: $84,450 Happy trading, everyone! ?
Waiting for gold to take some meaningful decisions. Trend is up. Will it break or retrace ?
Key points of this forecast: Potential Bitcoin drop to 87,000: Based on Fibonacci analysis, Bitcoin is expected to decline to this level. This price drop could be due to a price correction after a rapid growth or external factors such as changes in monetary policy or global events. Significant decline and high volatility in the altcoin market: Altcoins typically have higher volatility compared to Bitcoin. During market corrections, altcoins are often affected more than Bitcoin. Bitcoin reversal and targeting higher levels: After the end of the correction period, Bitcoin is expected to resume its upward trend and reach levels of 99,600 and 131,000. These levels are considered short-term and medium-term price targets. Recommendation to be cautious in investing: Given the expected high volatility, it is recommended that investors exercise caution during this period and make investment decisions more carefully. Points to consider: Technical analysis is a forecasting tool, not an exact science: Fibonacci patterns and other technical analysis tools can help better understand price movements, but there is no guarantee that forecasts will be realized. External factors can affect the market: Global events, regulatory changes, news, and market sentiment can significantly impact cryptocurrency prices. Risk management is essential: Investing in cryptocurrencies is highly risky. Always allocate a portion of your capital for investment and use risk management tools such as stop-loss orders. Personal analysis and consultation with experts: Before making any investment decisions, conduct your own personal analysis and consult with financial experts if necessary. Ultimately, the decision to invest is up to you. This text is only a forecast and should not be considered as definitive investment advice.
Wedge pattern on lower time frame. 15% chance of success. Higher time frame bullish.
Price dropped to a support level of 41918 a buy opportunity is envisaged from the current market price. Target is 46249 level.
After the surprising report of 256k jobs created compared to the expected 160k, the U.S. index has experienced a decline of over 1% in the last trading hours. This is due to the perception that strong employment data could be counterproductive to the outlook for future interest rate cuts by the Fed. Lateral Range: Recently, the price has been trading within a significant lateral range between the 6k-point ceiling and the 5.8k-point floor. With the recent bearish movement, a break below the lower boundary of the channel could end the current consolidation and favor a new short-term bearish outlook. Sustained oscillations below the mentioned support level could define the next downward price movement. RSI: At the moment, the RSI is oscillating below the indicator's neutral 50 line. This indicates that bearish momentum dominates the market, with no signs of oversold conditions that might suggest potential bullish corrections. Key Levels: 5.8k: This level currently serves as the relevant support zone, coinciding with the lower boundary of the lateral channel and the 23.6% Fibonacci retracement level. Persistent oscillations below this level could support a bearish outlook in the coming sessions. 6k: This represents the primary resistance level on the chart. Oscillations near or above this level could end the ongoing bearish pressure and pave the way for new all-time highs. 5.6k: The next significant support zone, aligning with the 38.2% Fibonacci retracement level. Oscillations near this level could lead to a solid bearish trend and completely negate the long-term uptrend that has been in place since August 2024. By Julian Pineda, CFA - Market Analyst