When it comes to trading and investing in Meta Platforms for Q1 2025, the strategy is clear. Long-term, Meta is looking quite bullish. If the company nails cost efficiency and continues to advance in AI, 2025 could be another stellar year for them. But let’s not ignore the short-term volatility that might creep in. Meta’s stock is currently riding high, trading above both the 50-day and 100-day moving averages. This trend certainly backs up the bullish vibe. Yet, since December 12, 2024, we’ve witnessed a significant selloff, partly because Mark Zuckerberg offloaded some shares to pocket some profits. This has kept Meta’s share price struggling around the $637 mark. In the near term, though, there’s a fair shot at the stock hitting $613, thanks to the positive sentiment surrounding it. So, what’s the play here? For momentum traders, scoop up some shares on those weaker trading days. The share price might just tick up before the earnings report drops. Plus, Meta’s valuation is appealing — it’s trading at a P/E of 27.9x, which is below the average among its peers. As for the price-to-sales ratio, it seems fairly priced. In summary, Meta could experience some short-term bullish momentum in January, making it an intriguing prospect for swing traders. Personally, I’m keeping Meta on hold in my portfolio.
https://www.tradingview.com/x/QHMeRvZc/ Gold was uptrend yesterday and I loss at that time. Today might go back for correction? MACD crossing down, and not higher than yesterday high. I put my SELL entry and TP before 10AM news
Hello traders, I want share with you my opinion about Gold. Observing the chart, we can see how the price rebounded from the support line and rose to 2790 points, after which turned around and started to decline. In a short time, the price fell to the support line, breaking the resistance level, which coincided with the seller zone and then continued to fall next. Soon, Gold declined below the support line and even broke the 2595 level and fell to 2536 points. But later Gold turned around and made a strong impulse up to the seller zone, breaking the support level one more time, and started to trades inside pennant as well. Next, the price made a small correction and then some time traded in the range, after which in a short time rose to the seller zone back. In this area, it reached the resistance line of the pennant and then started to decline to the buyer zone, breaking the 2710 level. Later XAU some time traded near the support line of the pennant and then rebounded up to the resistance line of this pattern, which at the moment continues to trades near. For this case, I think that Gold can rebound from the resistance line and drop to the support level, exiting from the pennant. Therefore I set my TP at 2595 level. Please share this idea with your friends and click Boost ?
KUCOIN:DOTUSDT BINANCE:DOTUSDT BINANCE:DOTUSDT.P CRYPTOCAP:DOT --- ### **1. Fibonacci Retracement Analysis** - **Levels Observed**: - **0% (High)**: **55.081** (all-time high or recent significant high). - **0.236**: **42.594**. - **0.5**: **28.625** (midpoint of retracement). - **0.618**: **22.381**. - **0.65**: **20.688** (golden pocket). - **0.786**: **13.491**. - **1.0 (Low)**: **2.168** (all-time low or recent significant low). --- ### **2. Current Price** - The price is currently around **7.790**, significantly lower than the golden pocket (0.618–0.65) and closer to the lower Fibonacci levels. --- ### **3. Take-Profit Level at $20** - **Why $20?** - **Golden Pocket Zone**: The **0.618–0.65 Fibonacci zone** is considered a high-probability reversal area. Many traders set their take-profit just below this zone to ensure profit capture before significant resistance is encountered. - **Psychological Level**: The $20 price point serves as a psychological resistance, where many traders might exit, amplifying sell pressure. - **Confluence with Historical Data**: Previous price action near this level likely showed significant resistance/support, aligning with Fibonacci levels. --- ### **4. Resistance and Support Zones** - **Major Resistance Levels**: - **22.381–20.688**: The golden pocket and primary target zone. - **28.625**: Midpoint retracement, another key resistance level. - **Support Levels**: - **13.491**: **0.786 Fibonacci level**, which may act as a strong base for further upward momentum. - **2.168**: All-time low or significant recent low. --- ### **5. Potential Price Scenarios** - **Bullish Case**: - If the price breaks through **13.491**, it could rally toward the golden pocket zone near **20.688–22.381**. - A breakout beyond **22.381** could extend the rally toward **28.625** or even higher. - **Bearish Case**: - If the price fails to hold **13.491**, it may revisit lower levels, potentially near the all-time low of **2.168**. --- ### **6. Strategy and Recommendations** - **Entry Point**: - Current prices near **7.790** are ideal if the upward trend continues. - **Take-Profit**: - The take-profit at **$20** is conservative and aligns with the golden pocket zone. - **Stop-Loss**: - Set below **13.491** to minimize losses if the trend reverses. --- ### **7. Market Psychology** - Many traders use Fibonacci retracement levels to define take-profits. The golden pocket is a popular area where selling pressure increases, causing potential reversals.
Let's see if this works out in our favour, gold is over extended, so not taking too much risk on this trade
Description: This trading idea centers on ALGO, the native cryptocurrency of the Algorand blockchain, a project known for its revolutionary Pure Proof-of-Stake (PPoS) consensus mechanism. ALGO aims to address key blockchain challenges such as scalability, security, and decentralization, making it a preferred choice for developers and enterprises. With its fast transaction speeds, low costs, and energy-efficient operations, Algorand has positioned itself as a leader in decentralized finance (DeFi), tokenization, and smart contract deployment. Furthermore, its growing ecosystem and partnerships with global institutions make ALGO a promising asset in the blockchain space. Nonetheless, it is crucial to acknowledge the inherent risks of cryptocurrency trading, as market conditions can be influenced by factors like regulatory changes, technological developments, and overall sentiment. Investing in ALGO requires a well-informed and cautious approach. Disclaimer: This trading idea is provided for educational purposes only and does not constitute financial advice. Cryptocurrency investments, including ALGO, carry significant risk, including the potential for complete loss of capital. Conduct thorough research, consider your financial circumstances, and consult a professional advisor before making investment decisions. Past performance is not indicative of future results.
CADCHF is showing a bullish tendency. On the 4H chart, the price is approaching the EMA50 and is likely to find support around the 0.63150 level. From there, it is expected to bounce upward, potentially reaching the target of 0.63414. https://www.tradingview.com/x/q4j25aBm/
The parallel channel is a channel in which the stock or index travels for a particular period of time. The upper frame of the channel acts as a strong resistance and the lower frame of the index acts as a support. Mid channel works in a dual way. If the price or the index level is above the Mid-Channel it acts as support if the price or the index level is below the Mid-Channel the line acts as resistance. Also on the daily chart of Nifty the level of 24212 was a Mother line Resistance of 50 day's EMA. Nifty today made a high of 24196 and retreated from there so it can be safely said that these 2 levels 24212(Mother line) and 24226 (Mid Channel resistance see in the chart will be most important resistances moving forward into the next week and probably full month. There is also a news of HPMV Virus outbreak in China as Trump resumes Presidency. Quarterly Results have already started flowing in and good results are expected this time around unlike traditionally weak October quarter. Additionally we are near the budget and there are news trickling in about relief to the Middle Class. Which can spark a pre-budget rally. So the signals from international market, technical analysis and on the local front. Next week is very important with perspective of full month of January. Nifty Supports Remain at: 23989, 23902 (50 Hours Mother Line), 23797, 23540 (channel bottom Support) and finally 23279. Below 23279 closing Nifty has potential to fall totally into the bear grip. This does not look likely unless there is a catastrophic global event. Nifty Resistances Remain at: 24086 (200 Hours EMA or the Father line Resistance), 24226 (Mid Channel Resistance), 24348, 24556, 24779, 24919 and finally 25025 (Channel top resistance).
The analyst believes that the price of { GBPUSD } will decrease in the next 24 hours. This prediction is based on quantitative analysis of the price trend. Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.
short time frame, tight stop. hoping for a spike through resitance.