es1! appears poised for a larger move down, based on the smaller timeframe count . this leads me to believe that es1! has entered a larger fourth wave. historically, these waves take an average of 2 months to play out and typically result in a 12% decrease from the high before completing. wave 4's often retrace back into the territory of the prior degree's wave 4, and i expect this one to follow suit. pay attention to the green trendline i've drawn on the chart,,, it serves as a solid guide for where i anticipate es1! to find a bottom. dipping below the trendline is acceptable, provided we don't see any weekly candle closes beneath it. even if a weekly candle does close below, a strong recovery the following week, such as a gap-up scenario , could invalidate the breakdown. there’s not much else to add here, as the chart is fairly straightforward. keep an eye on the trendline and monitor weekly closes for confirmation. ?
Hi Guys I can see buyers interest in the market , Btc looks Bullish probably for a day ... Lets See what happens Best of Luck
Btc had made a higher low and higher high on the 4hr tf signifying a change in structure. Price now in demand zone and maintaining support. Anticipating this low to hold and bullish movement here to create new higher high.
Short term play. I grabbed 200 cons of 150c for 1/3/2025 avg. @.17. I may be crazy but I’m fun. Should see a burp to $140. $135 very very strong. Low volume today and the whole market reacted the same way so not really too worried. Looking to see where we are New Year’s Eve with a shortened week once again but the tendency seems to be super boost before a holiday. Day before Thanksgiving and day before Christmas the market went big green but we have a full day NYE not half. Also within that tendency there seems to be some type of dip prior. Interesting to watch. Strong close 12/27. We’ll see, we’ll see. I’m manifesting $140 Monday and $144 Tuesday and I’d sell 150 contracts. I’ll be in touch. WSL
I painted the first fib retrace and subtracted about 1% from the 2.618 line and it was 4.444 I subtracted another 1% to start the next fib retrace, then another 1% of of that 2.618. this is how I normally calculate when to pull out and it blew me away that the final number came to the legendary $5.89 number.
bitcoin dips below 60k, but we're unfazed. i see this playing out as we move into the depths of winter,,, this crypto winter ❄️ why would this happen, you ask? the answer is simple: a stop-loss raid. a sharp wave 4 designed to shake out weak hands. distribution may have already started, hypothetically speaking, but it'll take the rest of the year to unfold. think of it like the jan 2021 -> april 2021 vibe, only on a slightly higher degree and timeframe. --- take note of the highlighted wave 2's and wave 4's on my chart. what i'm illustrating is "the law of alternation," which states: if wave 2 is flat, wave 4 will be sharp, and vice versa. all the wave 2's in this cycle have been flats, so by design, all of our wave 4's are set to be sharps. this fits neatly into the larger cycle: sharp retracements triggered by over-leveraged positions, yet consistently bought up thanks to strong demand. with each sharp retracement, however, the upward moves become smaller, as momentum gradually fades. --- w4 target: below 60k w5 target: between 150k-200k (conservatively). --- ps. i have recently shared a much more bullish idea via: https://www.tradingview.com/chart/BTCUSDT/ikGqUTL7-bitcoin-hits-749k-into-2025/
Cardano is trading at 0.8736, consolidating after a recent decline. The market is testing critical support and resistance levels, and the next move could set the stage for a significant trend. ? FinCaesar’s Commands: ? Resistance: 0.8920. A breakout targets 0.9186 and potentially 1.1535. ? Support: 0.8500. A breakdown exposes 0.6104 as the next critical target. ? FinCaesar’s Strategy: ? Buy: Above 0.8920, aiming for 0.9186 and beyond. ? Sell: Below 0.8500, targeting 0.6104 or lower. ? "In the game of precision, only the bold prevail." — FinCaesar
Self-explanatory. Dandruff flaking, pigs got bold
Alright, let's dive into what I’m seeing on this XYO/USD daily chart. I've had a look, and here’s my perspective on this coin. Technical Analysis: Significant Pump and Dump: The most obvious thing on the chart is the large pump and dump that happened in November and early December. I am seeing that the price went up very quickly, and then went down very quickly too. This leaves a lot of traders unsure about what to do. Recent Rejection: Since the big dump, the price has consistently been rejected from the $0.023 area. Every time the price tries to move up, it can't seem to break through that level, which indicates there is a lot of selling pressure at that price level. Support Zone at $0.018: The price is showing a potential support level in the area of $0.018, which gives me a potential for a lower risk entry point if that support continues to hold. RSI Near Neutral: I'm seeing the RSI is near 50, which shows no real bullish or bearish momentum. This means a move can happen either way. My Action Plan: Based on what I’m seeing on the chart, here's my plan: Entry: Primary Buy Zone: I am going to be watching the $0.018 area closely for a potential entry. If the price bounces from this area, and I see strong bullish candles, I will likely place my entry order around $0.018 Alternative Zone: I will also be watching for a strong move through the $0.023 area. I will consider placing a trade after a successful move through this level. Stop-Loss: Tight Stop: My stop-loss will be placed below $0.017. I don’t want to risk a larger loss if the price fails to find support at the $0.018 zone. Take-Profit Targets: Short-Term Target: My initial profit target is around the $0.023 level. I will evaluate the price action to see if it will move higher. Mid-Term Target: My mid term target is going to be around $0.038 - $0.04. This is a key area of resistance in the chart, so it makes sense to target that area. My Overall Strategy: I'm currently observing the $0.018 support level for a potential entry, I will want to see a clear bounce off this zone to confirm the trend. I will be setting a stop-loss below $0.017 for risk management. I will also look to enter a position after a move through the $0.023 resistance with clear bullish momentum. I am setting a short-term profit target at $0.023 and a mid-term target at $0.038-0.04. That’s my plan – focusing on the key price action and being adaptable depending on what the market is doing.
? FinCaesar’s Commands: ? Resistance: 0.265. Breaking above could push TRX toward 0.312 and 0.350. ? Support: 0.252. A drop below this level exposes 0.221 and potentially 0.180. ? FinCaesar’s Strategy: ? Buy: Above 0.265, aiming for 0.312 and beyond. Strong volume is crucial for confirmation. ? Sell: Below 0.252, targeting 0.221 and possibly 0.180. Protect positions as the trend develops. ? "Precision in action leads to control over the market. Act wisely." — FinCaesar