Timeframe: 1-Hour (H1) Analysis: The price is currently trading within an ascending channel and is approaching a key resistance zone labeled as the Sell Zone around $97,300. This zone aligns with the upper boundary of the channel, suggesting a potential reversal. Trade Plan: 1. Sell Entry: Look for confirmation (e.g., bearish candlestick patterns) within the Sell Zone. 2. Stop Loss: Place the stop loss slightly above the Sell Zone (e.g., $97,800) to manage risk. 3. Take Profit: Target the lower boundary of the channel around $95,000 to $94,500. 4. Market Context: Monitor overall market sentiment and key support levels in case the price breaks below the channel. Risk Management: Maintain a risk-reward ratio of at least 1:2 to ensure an optimal trade setup.
While conducting my evening analysis, I noticed that the last time price reached 42,510, it pumped over 1,000 ticks during the morning open. This occurred on Friday, December 20th. https://www.tradingview.com/x/LuMoo4b7/ Looking at the current hourly chart, price action seems to be forming a similar concept. This leads me to believe we should touch 42,510 by morning open and then push toward buy-side liquidity around 43,097 and beyond. If this plays out as anticipated, I’m aiming to secure around 600 ticks. We do have PMI at 9, so hopefully its high impact will drive us further through buy-side. Trying to get better at predicting bullish price action, so lets hope this plays out. Let's collect these ticks!
?Hi! Hola! Ola! Bonjour! Hallo!? Dear Money Makers & Robbers, ? ? Based on ?Thief Trading style technical and fundamental analysis?, here is our master plan to heist the LTC/USDT "Litecoin vs Tether" Crypto market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. Be wealthy and safe trade.??? Entry ? : You can enter a Bull trade after the breakout of Resistance Level. however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest. Stop Loss ?: Using the 2H period, the recent / nearest low or high level. Goal ?: 120.00 Scalpers, take note ? : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money ?. Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news ? ?️. We'll wreck our plan by smashing the Stop Loss ??. Avoid entering the market right after the news release. Fundamental Outlook ??️ Based on the fundamental analysis, I would conclude that the LTC/USDT (Litecoin/Tether) pair is: Bullish Reasons: Adoption and usage: Increasing adoption and usage of Litecoin, particularly in the payments and e-commerce sectors, could drive up demand and price. Technological advancements: Ongoing technological advancements, such as the implementation of the MimbleWimble protocol, could improve the scalability, security, and usability of the Litecoin network. Halving event: The upcoming halving event, which reduces the block reward from 25 LTC to 12.5 LTC, could lead to a decrease in supply and increase in price. Market sentiment: A shift in market sentiment, particularly among institutional investors and traders, could drive up demand and price. However, it's essential to consider the following risks: Regulatory uncertainty: Uncertainty and potential regulatory changes, particularly in the US and China, could negatively impact the price of Litecoin. Competition from other cryptocurrencies: Increasing competition from other cryptocurrencies, particularly those with similar use cases and technological advancements, could negatively impact the price of Litecoin. Security concerns: Security concerns, such as the potential for 51% attacks or other vulnerabilities, could negatively impact the price of Litecoin. Bullish Scenario: Increasing adoption and usage of Litecoin, particularly in the payments and e-commerce sectors, drives up demand and price Technological advancements, such as the implementation of the MimbleWimble protocol, improve the scalability, security, and usability of the Litecoin network Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions. Take advantage of the target and get away ? Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan. Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. ?Supporting our robbery plan will enable us to effortlessly make and steal money ?? Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.???❤️?? I'll see you soon with another heist plan, so stay tuned ?
SHINE ON! Gold, the king of precious metals, is shining brighter than ever! Current Price: $2660 we are on the way to long in Gold Target Price: $2700 With its allure of luxury, durability, and rarity, gold remains a timeless treasure. Whether you're a seasoned investor or a savvy trader, gold offers a haven for wealth preservation and growth. Key Fundamental Highlights: Central Banks' Increasing Reserves: Gold purchases by central banks are at a 50-year high, driving demand and prices. Low Interest Rates: Easy monetary policies and low interest rates make gold a more attractive asset for investors. Geopolitical Tensions: Global uncertainties and conflicts drive safe-haven demand for gold. Technical Highlights: Trend: Uptrend intact above $2620 Support: $2640 (short-term), $2600 (medium-term) Resistance: $2700 (short-term), $2740 (medium-term) Stay ahead of the curve! Keep a close eye on gold's price movements and trends. Best wishes Tom ? Share your thoughts! What's your outlook on gold's future?"
DEXEUSDT (DeXe) Daily timeframe range. this thing is on roll 2 levels above its price discovery. thats actually impressive. for continue the push it will be better to stay above 18.373. altho its local support still at 11.430. next point to look at is 27.234.
Price has moved away from my entry but it's moving a bit slow for my liking. I have no risk in the trade, stops are at BE. My targets are much lower but I don't want to miss the top. Should I get spiked our I'll just try shorting higher.
i think time short for 2 day or sell spot fo 1 week???
NVDA is currently in strong consolidation, and I’m watching for a breakout above the blue trend line to enter long. The stock remains in a strong uptrend, holding above the 200MA. I’m also prepared for a bearish outlook if the price breaks below the pink trend line. I’m patiently waiting for confirmation to initiate a swing trade.
BTC price managed to sustain it's bullish momentum and hold both Supports and Trendline and achieving our TP. Although I'm expecting a minor retracement between today and the weekend but we'll see how price reacts
can anybody see somthing other than a big ol channel? would like to make sense of this stock