KASPA price scenario dec 16 2024 Kas has still some work to do to break out up the channel in my opinion
This forecast if for the week of Dec. 16 - 20th. GBPUSD is bearish, and a bit weaker than the EURUSD. Will this weakness continue into next week? WIth a strong USD, the answer is yes! Wait for sells and look to target the sell sid liquidity. Check the comments section below for updates regarding this analysis throughout the week. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
After the break out from triangle pattern headed to the fib reversal target 141 as the first stop.
Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (ETHUSDT 1W chart) https://www.tradingview.com/x/ynOQ0lX6/ The key is whether the price can be maintained by rising above the upper section of the HA-High indicator box on the 1M chart. If not, it will eventually show a downward trend. The reason is that the StochRSI indicator is maintained at the 100 point and the StochRSI EMA indicator is approaching the 100 point. Since the StochRSI EMA indicator has not touched the 100 point so far, it will eventually show a downward trend. However, since the StochRSI indicator cannot predict how much fluctuation will occur, you should refer to the support and resistance points drawn on the 1M, 1W, and 1D charts. Therefore, 1st: 3438.16-3644.71 2nd: 3265.0-3321.30 The point to watch is whether it can receive support near the 1st and 2nd above. If the StochRSI indicator is maintained at the 100 point for a long time, you should keep in mind that even if a small decline occurs, the decline in the StochRSI indicator is likely to be quite large. In other words, it means that there are cases where it pretends to decline and moves sideways and then rises. To determine this, it is good to refer to the movement of the OBV indicator. - Thank you for reading to the end. I hope you have a successful transaction. -------------------------------------------------- - Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) https://www.tradingview.com/x/WBuhqVrT/ Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015. In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend. Accordingly, the upward trend is expected to continue until 2025. - (LOG chart) https://www.tradingview.com/x/YtZx6YSG/ Looking at the LOG chart, you can see that the upward trend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, I expect that we will not see prices below 44K-48K in the future. - https://www.tradingview.com/x/zTnWN2r7/ The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. That is, the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, this Fibonacci ratio is expected to be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. It is up to you how to view and respond to it. Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role. The reason is that the user must directly select the important selection points required to create the Fibonacci. Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies. 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 -----------------
I spend time researching and finding the best entries and setups, so make sure to boost and follow for more. Telos ( KUCOIN:TLOSUSDT ): Chart Analysis for a Promising Bullish Move Trade Setup: - Entry Price: $0.21571 - Stop-Loss: $0.12497 - Take-Profit Targets: - TP1: $0.42979 - TP2: $0.61268 Fundamental Analysis: Telos ( KUCOIN:TLOSUSDT ) is a high-performance blockchain optimized for speed, scalability, and low-cost transactions. Known for its energy-efficient consensus mechanism, Telos has positioned itself as a top choice for developers building decentralized applications (dApps) across DeFi, NFTs, and gaming. Recent ecosystem updates, including integrations with major DeFi platforms, have reinforced TLOS’s role as a versatile blockchain network. These developments have increased network activity and investor confidence. Technical Analysis (Daily Timeframe): - Current Price: $0.21750 - Moving Averages: - 50-Day SMA: $0.20000 - 200-Day SMA: $0.18500 - Relative Strength Index (RSI): Currently at 60, signalling growing bullish momentum. - Support and Resistance Levels: - Support: $0.20000 - Resistance: $0.25000 The daily chart reveals a breakout from a consolidation phase, with $TLOS gaining momentum and forming higher lows. The setup aligns with a bullish continuation pattern, supported by increasing volume and a favourable RSI. Market Sentiment: Sentiment around KUCOIN:TLOSUSDT is positive, with growing attention from both retail and institutional investors. The platform's reputation as a sustainable blockchain solution, combined with recent project integrations, has driven renewed interest in the token. Risk Management: The stop-loss at $0.12497 limits potential downside, while the take-profit targets at $0.42979 and $0.61268 offer excellent reward potential. TP1 provides a return of 99%, while TP2 offers a 184% gain, making this an attractive opportunity for swing traders and long-term holders. Key Takeaways: - KUCOIN:TLOSUSDT is showing strong bullish signs, backed by ecosystem growth and technical indicators. - The trade setup offers favourable risk-to-reward ratios for both short-term and long-term strategies. - Strict adherence to stop-loss and target levels is essential for managing market fluctuations. When the Market’s Call, We Stand Tall. Bull or Bear, We’ll Brave It All! *Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own due diligence before making investment decisions.*
Bitcoin is poised to push the 104K high after breaking the previous inside bar (buy signal). While this is exciting and a newsworthy event for the casual observer, it is important to recognize some potential turning points from here. While there is no precision to this, it does offer a way to measure profit objectives and compare them to the growing RISK. Once again I will emphasize that swing trades and day trades are the most effective way to contain the large magnitude of RISK that is often overlooked by many. The blue arrow on the chart points to the 104K all time high. The thing to avoid here is shorting it with the thinking that it will "double top" ect. At this time there are no signs of weakness. The outside bar that developed a week ago has been bought up, along with any minor pullback thereafter. With the trend structure clearly in place, shorts still pose a high risk, especially on swing trade time frames. There are situations where risk on both sides of the market can be high and these are usually good times to be small or be out. As far as profit objectives: measuring Wave 1 and projecting from the Wave 2 bottom, I see inflection points in the 105K and 113K areas (see horizontal lines). We can use these to anticipate selling activity and prepare to lock in profits, etc. Can price can further? ANYTHING is possible, but as I will ALWAYS say at highs, the probability is lower. The fact that we are in the vicinity of a Wave 5 of 5 of a broader 3 is what clues me into the limited potential. The initial retrace from the current high (see illustration) or these anticipated profit objectives will serve as a short term buying opportunity (swing trade). As of now, UNTIL the 90K support is broken, I would not be bearish. Look for supports to hold and confirmations to buy on smaller time frames. It is important to REALIZE that markets move in CYCLES. At some point this bullish cycle will complete and the next corrective cycle will begin. It may be hard to believe at the present time because news and general sentiment is continuously bullish. What will catch most people off guard is when the next cycle begins, it will seem like a normal pullback only this time will it not be followed by new highs. This is when the typical trader/investor gets married to the market because they refuse to adjust to the changing structure. And like over half of the marriages today, it will be costly. For me, the 90K break will confirm that the broader corrective cycle is in play. Thank toy for considering my analysis and perspective.
We can attempt to buy DOGSUSDT from specified level as it make HL , also 0.618 FIB level intact indicate that it moves upward. SL , TP mention in chart.
We can attempt to buy CVXUSDT from specified level as it make HL , also 0.618 FIB level intact indicate that it moves upward. SL , TP mention in chart.
$Sidus is finishing the correction wave. The most probably formis (ABCDE). Wave E is expected to be finished at the level of (0.0062) and (0.0064). It will be a good BUY area. Looking at the previous moves, It's highly expected to move rise up fast.
Bitcoin is currently trading within a bullish channel. If it can break out to the upside, the next target is $111,271.50. However, there’s a significant resistance level at $103,618.77. The DMI (Directional Movement Index) is signaling bearish momentum, indicating a decline in buying pressure. As a result, Bitcoin is struggling to overcome this resistance. If the price fails to break through, a pullback to $98,194.75 is likely. At this moment, Bitcoin is at a critical juncture. A decisive break above resistance could extend the bullish trend, but failure to do so could trigger a deeper correction. If selling pressure intensifies, the next major support level is at $92,000, with potential downside momentum driving the price further to $87,247.04. Given the current technical indicators, it appears that bullish momentum is tapering off as we approach year-end. While hopes for a $200,000 Bitcoin in 2025 remain alive, a challenging period may be ahead in the short term. Don’t forget to hit that like button and stay tuned for more updates!