Hello Friends, For those of you looking to capitalize on Microstrategy NASDAQ:MSTR you may want to add to your position, or start accumulating for the first time. After an impressive move to the upside, we can now feel confident to look for entries after that retracement. Keeping with the Bullish narrative of CRYPTOCAP:BTC we can assume NASDAQ:MSTR will once again see another projection higher back to its ATH (All Time High) of $543.
I shared my last short during the formation of this 240min bar (marked on the chart) and I have held onto both of my shorts however price hasn't tipped it's hand as of yet. I don't like what I'm seeing here and being the last trading day of the year and having this position still in a very small profit I will be exiting my shorts just above break even and call it a year if price breaches the high of previous bar of my last short entry. ℹ️ My XRP buy limits will remain in the market regardless of the outcome of my short plan. ?2025 I plan on sharing a lot more and helping out where and when I can. ?My children have all flown the nest now so I will have a bit more time to partake in discussion and answering questions when I can. ⭐️Have a great week and year⭐️ Remember Without A Plan It's Just Gambling?
The Boeing Company: We’re currently within a large overarching blue structure and have reached its reversal zone, correcting at the lower boundary. This allowed us to form a purple structure, which has also corrected deeply into its levels and slightly rebounded. The structure remains inactive, as indicated by the grey circle marking where activation would occur. The absence of impulsive moves and the corrective, stagnant wave pattern suggests a premature reaction at the overarching green level, indicating strong bearish influence. This is highlighted by the red circle. I expect the purple structure to continue, and I'm cautiously long with careful risk management. I'm observing the reaction at the turquoise bearish level. If we see another correction and form a sub-ordinate structure, I’ll use it to expand my long position, aiming for the purple resistance line as my initial target in the coming weeks. I still see the target levels as relevant and strongly believe we’ll reach the $385 mark, potentially exceeding it. Boeing tends to overshoot target levels with impulsive movements, and the long sideways phase suggests energy accumulation for a breakout. I plan to take profits at the purple resistance line, then target the purple target level. I’ll only close my position at the blue activation line, anticipating a larger correction there. But that’s something to handle once we’ve secured profits.
Belated Christmas present. One of my best momentum ETFs, just follow the chart and understand the trends / fundamentals. Sharing this while the price is still low....best of luck and always do your own dd!
BTCUSD Next possible area is Declared in the chart further you can view my chart and share your ideas about it . Bitcoin is completely following the trends in buying zone so according to my personal analysis BTCUSD will move further up. KEY POINTS : Entry point . $95000 Resistance Zone . $99,800 Support Zone . $91,582 Target point . 103,000 Support with your likes and comments , Follow me for more Technical analysis & Signals .
SPX looks bearish in the short term, these demand zones have a habit of being visited multiple times in the ebbs and flows of the market. Even the prior weekly demand zone had a re-test last year despite how bullish people were. A further pullback of 5% would bring is right into the most recent weekly demand zone. Funny how these play out long-term, these zones can really help with cost basis on strong fundamental assets and ETFs.
As you see here there is much to consider. One of my key points outside of reading the chart is that for years, the crypto space has somehow accumulated wealth in projects that don't deserve it, with MEME coins being the main focal point. This market and its Tech weren't created as some child's plaything. There is much value in places it shouldn't be, and regulation is needed for this market to have a 30-year run. Now to education. As you see the dominance has broken out from a higher low accumulation with liquidity being much higher. Bitcoin deserves higher market dominance before ever breaking down again, destroying most projects that don't belong in the space. Stay safe in this bear market to come and enjoy it, we won't get one like this for a very long time if ever. PS. Leave your immaturity to yourself, you won't get a response from me just because you don't agree or you're upset that I'm speaking the truth and won't be invested like you want to so I can lose along with 90% of the market.
I have been waiting to call this one for months. Predicted the downfall of MSTR and now I want a dead cat bounce or short term rally again. After large positions and option contract plays are placed/bought, it can take time for the bottom to form and the price to move. I can see potential downside to $290-$289 and then we bounce ORRRRRR if we break through 290-289 with strong downside, next target is $262. IF WE LOSE 290, its very very bad for the stock longer term. First target is $320 Second target is $340
Have a strong feeling that BTC will dip (same as Microstrategy) when people realize that the fundamentals are not there and only propped up by speculators at the moment to take profit. SBIT will fly when BTC drops below 90k and it will! You may have to wait a bit, but it's price low now. Best of luck!
What’s up traders! ?? Would like to know what your thoughts are on USDCAD… The USD/CAD pair is currently trading ABOVE a KEY SUPPORT area. Expecting a 90 pip upside move in the next couple of hours. Don’t forget to like and share your thoughts as well