Short Recommendation Entry Level: Below $94,000 Stop Loss (SL): $111,111 This surge has been largely attributed to President-elect Donald Trump's pro-cryptocurrency stance, including promises of deregulation and the establishment of a national strategic Bitcoin reserve. However, concerns are emerging regarding Bitcoin's current valuation. Analysts warn that the market may be overheating, with some predicting a potential correction of up to 35%. COINTELEGRAPH Additionally, Federal Reserve Chair Jerome Powell has stated that the U.S. central bank cannot hold Bitcoin, which has introduced uncertainty into the market. This analysis is for educational purposes only. Always consult your financial advisor before making any investment decisions. Cryptocurrency trading involves significant risk, including the potential loss of capital. Ensure to evaluate your risk tolerance and conduct thorough research.
This setup presents itself with a higher timeframe bearish framework on a higher timeframe bullish trend. So I would like to see the price reach the range equilibrium to liquidate sell stops from long holders' trailing stops.
Top is in or damn close here...people speculating now are asking for a spanking in markets...expecting a slow grind down to 40k levels over the next couple years...could be much worse though gl.
The price recently tested the key support level at 1.0995. Despite the recent weakness in the Aussie, I anticipate a resurgence of buyer activity at this level, potentially resuming the upward trend.
EURAUD New forecast???? Note: Follow proper risk management rules. Never risk more then 2% of your total capital. Money management is the key of success in this business...... Set your own SL & TP. Please support this idea with a Like and COMMENT if you find it useful click "follow" on our profile if you will like these type of trading ideas delivered straight to your email in the future. Thanks for your continued support!! lemme know your thoughts in the comment sec...
Is now a good time to go long on Ethereum? Looking at the Fibonacci levels, we can see that Ethereum has just bounced off the golden pocket. This could signal a strong potential for upward momentum. Here’s my idea: 1. Enter a long position here and aim to hold until the 1.618 Fibonacci extension level. 2. Along the way, consider scaling into the trade at key retracements to maximize gains while managing risk effectively. What are your thoughts? Would you take this trade, or do you see other opportunities forming? Let’s discuss below!
It's ova...top is in here...Upper parallel Touch then space created on the next higher higher (momentum done) - enjoy 1-2 years of down gl bulls.
In my opinion, this scenario is the most likely to play out because bulls are showing strength even during dips, indicating they’re not ready to stop buying yet. Here’s what I think will happen: We bounce off the 96K-97K support , forming a strong long-buy wick candle , which sets the stage for the next week (starting December 23rd) to turn green. I’ve included a simulation to illustrate how this might look (check candles) The key for me is staying within this channel— above 97K but below 100K —for some time. If we can consolidate here for a month, it creates room for altcoins to rally, delivering significant profits. As altcoins surge, BTC dominance (BTC.D) will drop, enabling massive altcoin gains. Eventually, that capital will rotate back into BTC, pushing it above 100K once again making higher highs.
Welcome back! Let me know your thoughts in the comments! ** EURNZD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. 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!Welcome back! Let me know your thoughts in the comments!
Netflix has been on a great run for a while now. It’s getting very close to a major correction that will come over the coming weeks and months ahead. Just based off a few things here in this simple 2 week chart we have a major trend line where price gets rejected every time we hit it. All major time frames are over heated. Volume has been falling for quite some time now as prices have been on a steady climb. It’s basically telling us that mostly retail and smaller players have been pushing these prices up lately. Nothing goes up forever guys. Be extremely cautious at these levels. The probabilities of a 25% plus correction from here are high. Be rational and play it safe. God bless