Where are my Shiba lovers? Did you miss me? Certainly, I did miss you. If you noticed that I've been away from this pair, it is because the chart wasn't looking any good. I am back now, which means the chart looks great. Friendly alert, I am going LONG on this pair with high lev. Let's get started with the technical analysis. Shiba Inu is in a long-term rising trend. The market bottom was hit in June 2023. After this bottom, we have higher prices, higher highs and higher lows. The 2024 corrective phase is coming to its end. It produced an intermediate higher low and the action is ready, and about, to turn bullish. Here I am showing a 600% potential for growth. The same 600% target taken from the June 2023 market bottom would be equal to more than 1,800%. You decide if this is enough for Shiba Inu in 2025 or if prices will go higher. Right now, it is hard to say. This a simple chart, quite standard. This pair requires nothing more than patience after buy and hold. The bullish wave can take anywhere between 4 to 8 months to fully develop. Allow for a big correction in-between the first and last peak. This correction will be a period of major doubt for many participants. By now, everybody is used to bearish action and all bullish waves ending after a couple of months. When the bull-market is on, the dynamics will be much different but since it only happens once every four years, nobody remembers that the halftime correction will result in a new and strong bullish impulse. Anyway, even knowing this it would be wise to sell at the peak of the first wave to buy back lower when prices move down, why? Because the correction can last anywhere between 1-3 months. While you will be happy saying I can wait long-term, when prices move lower and it takes so long to recover, you will wonder why you didn't sell when it was obvious that bullish momentum was dying down. Actually, it will be hard to know the top because of the energy when it happens, everybody is happy and euphoric. But you can tell when a top is in because that's exactly when you become greedy. You will be thinking, "I can wait. I want higher. Give me more." The moment these thoughts start to happen, RUN! Secure profits on the way up. It is the only way to win. In order to win, you have to sell when prices are up. Right now is the time to buy, to buy and hold. But later, you have to produce a winning trade and that only happens when you decide to take money home. It is healthy to withdraw. It is healthy to secure profits when your capital grows. You don't have to be 100% right. If uncertain, sell a portion and then continue to hold. Namaste.
I've used 3 forms of technical analysis to make a case for a major top forming in the European markets. If this turns around, it could lead to a 10% selloff very quickly and if this transforms into a bear market then 20% drop is totally on the cards. Nothing goes up forever.
D is PRZ for buy PIUSDT. Strong support is at 1.3746-1.2600. Can try to find buy position at this area. This is not a buy call just sharing an idea. Thanks
Algorand has been a major laggard so far during this cycle, I believe this is due to the major interest in other tokens like SOL. However, while investors and traders have been focusing on meme coin pump & dumps, the Algorand Community has been building. Focusing on Utility as a long term goal. Transaction Speed Algorand managed to handle 34,008 transactions in a single block in less than three seconds. This achievement is notable not only for its speed but also for its flawless execution, as it boasted a 100% success rate. This milestone highlights the blockchain’s robust capabilities, making it an attractive option for both developers and investors. Algorand Staking 1. Pure Proof-of-Stake (PPoS) vs. Traditional Proof-of-Stake Algorand uses a Pure Proof-of-Stake (PPoS) model, unlike Delegated PoS (DPoS) or Nominated PoS (NPoS) used by networks like Solana, Polkadot, and Cardano. In Algorand’s system , every ALGO holder automatically participates in securing the network, while in other PoS systems, users must delegate to validators or run their own nodes. 2. No Slashing Many PoS chains (Ethereum, Polkadot, Cosmos) slash a portion of a validator’s stake if they act maliciously or go offline. Algorand does not have slashing, meaning users don’t risk losing their ALGO due to validator misbehavior. 3. Low Entry Barrier On Algorand, anyone with ALGO can participate in consensus; there's no need for delegation or minimum staking requirements like on Ethereum (32 ETH) or Solana. In contrast, other PoS chains require significant amounts of tokens to run a node or be selected as a validator. 4. Staking Rewards Have Changed Algorand used to offer automatic staking rewards just by holding ALGO in a wallet, similar to Cardano’s model. However, as of 2022, the automatic staking rewards were phased out, and instead, staking incentives now come through governance participation and DeFi protocols. 5. Governance Staking Model Instead of passive staking, Algorand introduced governance staking, where users commit ALGO to governance for a fixed period and vote on protocol decisions. This model is similar to lock-up staking on chains like Polkadot but focuses more on decentralized governance rather than securing the network. 6. Instant Finality & Faster Block Production Algorand’s PPoS achieves instant finality (blocks are final once added) compared to Ethereum or Cosmos, which rely on probabilistic finality and can be reverted in rare cases. This ensures faster transaction confirmation and higher security. 7. Staking via Liquid Staking & DeFi Since traditional staking was removed, ALGO holders now stake through DeFi protocols like Folks Finance or AlgoFi (before its shutdown). Liquid staking options allow users to stake while still using their ALGO in DeFi, similar to Ethereum’s Lido (stETH). In conclusion, the future of $ALGORAND looks bright in the long-term. Although I do believe we do see ATH this cycle, It seems we are currently in last point of support of the wycoff accumulation cycle , only time will tell. This is not financial advice, just an observation of a digital asset with long term potential.
We have break of reversal pattern and we have CHOCH that s main the price is goen down now if the price come back to our level we take short to next demand zone LR
I’m currently holding a long position on EUR/NZD, backed by strong fundamentals and technicals: ? Eurozone Strength – Solid GDP growth and a trade surplus support EUR. ? NZD Weakness – Commodity dependence and cautious RBNZ policy weigh on NZD. ? Staying in the trade as long as fundamentals align. Let’s see how it plays out! #Forex #EURNZD #TradingUpdate #Fundamentals
Oil weekly cahrt with both buy and sell levels High probability of some high impact news this week be carful For a buy am looking at entering at 70.20 , expecting 72.00 and 73.40 next. On the sell side looking at entering at 69.30 expecting 68.80 and 68.30 levels . 1 hour chart i like the buy side this week but of course wait for conformation. Check out my other charts below
Double Bottom, an extremely volatile stock If it turns around here, bullish divergence confirmed Not financial advice
1. We have price reacting off the parent model 22 2. We have price reacting off the H4 OB Wick 3. We have equal highs and Buyside to attack
The way I see it , not worthy to even for a position , just a quick scalp or two this month. Lousy , very lousy business , loaded by garbage TV