hey technical is just too hot to not be in. Fundamentaly up to someone else.... anyway lets see de
Don’t get me wrong, I’m still bullish, but this is a great opportunity to take some profits and buy your position back at a discount, before the bull run goes manic.
12/27/24 :: VROCKSTAR :: NASDAQ:NVDA don't overthink it. $200 in '25 - while you might be distracted by the 10x's being made in these last few months... space memes, salad bots, and now quantum fanboi
? Technical analysis: Last corrective leg, to the order block area ? BINANCE:SOLUSDT was analyzed and reviewed in the 4-hour and 8-hour time frames in previous posts, which touched their targets. ? It is currently moving in an ascending channel on the daily time frame, which is correcting again to the bottom of the descending channel after reaching the channel ceiling and an unsuccessful breakout. ? Given the current corrective structure, it can have two movement scenarios. ? Scenario 1: If it cannot break the red box area, it can continue the correction to the order block area. ? Scenario 2: If the red box area is not broken, the correction to the bottom of the channel and with a lower leg, it can meet demand and retest the previous ceiling. ? If the behavior and structure change, the post will be updated. »»»«««»»»«««»»»««« Please support this idea ? with a LIKE ? and COMMENT ? if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email ? in the future. Thanks for your continued support.? Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« https://www.tradingview.com/x/SFZvNh7w/
Bitcoin is trading at 94,237, positioned at a critical crossroads where decisions will determine fortune or failure. The market's direction hinges on two vital thresholds—95,200 and 93,000. These levels are the gates of power: break them, and the empire of opportunity is yours. ? FinCaesar’s Commands: ? Resistance: 95,200. A breakout above this level signifies strength, opening the way to targets at 97,000 and the psychological barrier of 100,000. Such a move will likely attract massive buying interest, fueling momentum for a potential rally. ? Support: 93,000. A fall below this level confirms weakness, paving the path toward a deeper correction to 87,000. Failure here could invite further downside pressure. Bitcoin does not negotiate—it tests resolve. The brave will seize their place, while hesitation will be punished. ? FinCaesar’s Strategy: ? Buy Strategy: Enter above 95,200 with confidence. The first target stands at 97,000, while breaking past 100,000 signals a monumental move. Use volume as your ally—higher activity confirms the market's conviction. ? Sell Strategy: If Bitcoin breaks below 93,000, protect your position and prepare for a move to 87,000. Weakness here may spiral into a prolonged downtrend. "Dominance belongs to those who move with precision and confidence." ? — FinCaesar
Aggressive Trend Trade - short impulse + biggest volume TE / T1 level + support level + boggest volume Sp Calculated affordable stop limit 1 to 2 R/R take profit Daily Trend "+ long impulse + T2 level + 1/2 correction + support level" Monthly Trend "+ long impulse + T2 level + 1/2 correction + support level" Yearly Trend "+ long impulse + neutral zone"
Bitcoin’s current price action places it at a decisive technical level, where historical and recent trendlines converge. This area holds significant implications for the future direction of the market. ? Key Observations from the Chart The Two Trendlines in Focus Old Trendline: This line, originating from the previous bull market, acts as a critical long-term support. Its historical significance makes it a widely-watched level for market participants. Young Trendline: This trendline represents the momentum of the latest bullish recovery. A break here could signal a potential shift in sentiment. Liquidity Cluster Around $92,500 A clear liquidity zone lies just below the current price. Such zones often attract price action as market makers seek to clear stop-losses or gather liquidity before determining the next move. Imbalance Zones Below Imbalances between $85,000 and $70,500 are visible on the chart. These areas represent inefficiencies in price action that could serve as potential targets if support levels fail. ? Levels to Monitor Support Levels: Young Trendline (~$93,800): The first line of defense for bulls. Old Trendline (~$93,800): A breach here would signal a deeper retracement. Liquidity and Imbalance Targets: Liquidity Zone: $93,000-$92,000. Imbalance Zone 1: $85,000–$81,600. Imbalance Zone 2: $74,400–$70,600. Resistance Levels: If BTC bounces, watch for reactions near $98,000 and $100,000 as short-term resistance. ? What Could Happen Next? Scenario 1: Support Holds If the trendlines hold, BTC could see a recovery toward $98,000 or higher, maintaining its bullish structure. Scenario 2: Break Below Support A loss of the young and old trendlines may lead to a retest of the liquidity zone at $92,500. If this level fails, the imbalance zones below become the next logical targets. Volatility Ahead With price so close to these key levels, whale activity and stop-hunting wicks are likely. Traders should prepare for possible fakeouts before the true direction becomes clear. ⚡ Key Takeaway Bitcoin’s position near these converging trendlines makes this a crucial moment. Whether the supports hold or price dips to fill lower imbalances, the upcoming moves will provide important clues about market sentiment heading into the new year. Patience and risk management are essential in this environment. Stay neutral, observe the price reaction to these levels, and let the market reveal its hand.
The U.S. Internal Revenue Service (IRS) issued final regulations requiring brokers to report digital asset transactions, integrating decentralized finance (DeFi) platforms
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