Do you remember this chart? It is from August 2024. The first wave or initial bullish breakout is now complete. ADAUSDT (Cardano) is officially in 2025 bull-market territory. Prepare for a new wave; prepare for massive growth. The initial bullish breakout peaked very early in December last year. A strong bullish wave will always, invariably, lead to a correction. This correction is clearly present on this chart. The present correction doesn't mean much for the market. This is just a period of rest while the players; traders and market participants, consolidate all previous gains. The market needs to adapt to the previous massive phase of growth. Ok. We are already fully adapted. We feel fine. Cryptocurrency market, let's continue now! We are ready for more. In a bullish market a correction will always end in a higher low. The higher the low of the higher low, the stronger the chart/pair is considered. For example, ADAUSDT launched the previous bullish wave from a baseline of $0.3000. The correction higher-low ended more or less around $0.6000. That's 100% higher compared to baseline price. This means that Cardano is super strong. The first peak ended around $1.35 which is awesome. From a low of $0.2756 in August 2024 this adds up to some 375% total growth. This time around, there will be more. You can find several targets on this chart. Below the previous ATH we have $2.00. This is good but not a big deal. Beyond the previous ATH we have $4.84. This is awesome/great. We also have $8.11 and even $10.5 as new 2025 peak potential. We have to wait and see how it all goes. I am sharing this now because I think that right now we are witnessing the establishment of a short-term higher low. The first low in early February, and now the second low. This second —higher— low will launch the next bull-market bullish wave. This means that we are ready for growth, give or take a few days. But my money is on the now! We are going up now! Thank you for reading. Namaste.
https://www.tradingview.com/x/VS5dmkgO/ Hello,Traders! CAD-CHF keeps falling down And the pair is locally oversold So after the pair hits a super Strong horizontal support level Of 0.6191 a local bullish rebound Is to be expected Buy! Comment and subscribe to help us grow! Check out other forecasts below too!
High volume in a bull trap in XRPUSD, nice entry for buying, and recover the loss you had in Solana or ETH or BTC, hahhaha
I don't have much to say, if you're a trader my chart have done all the talking, Lookout for a Long position and stay positioned the market did a rapid SELL yesterday and it now at a Demand zone which is strong, i expect a BUY from my marked zone, i will take a little short when the market respect the TLQ zone. for now WE WAIT.
#WIF made a drop like other coins but this coin is underrated ! i think it can make a huge rise when the price crosses the confirmation line as we have 5 elliot waves down https://www.tradingview.com/chart/WIFUSD/iXhryaMN-WIF-LONG-TERM-ANALYSIS/
MSTR should easily hold $246 and make its way back up to $418 and form it's next support there. Good luck!
This analysis is provided by Eden Bradfeld at BlackBull Research—sign up for their Substack to receive the latest market insights straight to your inbox. Ah, Spark. Shocker of a result on Friday — losing in all segments (save their IoT business, which is negligible anyway). Since Jolie Hodson became CEO in 2019 the stock has decreased roughly 40%. In the last year the stock is down ~52%. The company has hocked off their tower business, closed their haywired “Spark Sports” streaming business, and seen its market share be consistently eroded by competitors. On Friday around ~$1 billion of market value was eroded. The company also spent ~$350mn on buying back shares at around ~$5 last March (buy high, sell low? Wall Street Bets logic). It’s extraordinary to see a company that once held a dominant market position fall so flat on its face. I remember growing up with Telecom (Spark’s former name) — it was everywhere. Since becoming Spark (and Chorus uncoupling), the company has been on a dubious path — I’m not sure what got into their heads with the idea of “Spark Sport” but it was always a bizarre idea, unrelated to their core business and in a marketplace that famously does not make much money in NZ (look at TVNZ and Mediaworks…). I also recall Spark spending a lot of time talking about “Internet of Things”. You may recall the hype of IoT a few years ago — it reminds me of a summary of a Black Mirror episode — “what if your grandma ran on batteries, innit". Think fridges and dishwashers and phones all communicating with one another. Shock horror — nobody needs their fridge to be smart; they need it to keep their food cold. Obviously Internet of Things was a bit of a bust. All of this is to ask: what are the management of Spark on? How do they come out with this stuff? Their 2023 3-year strategy offers us some clues: The sale of the TowerCo meant that the company spent a lot of those proceeds (~350mn) on buying back shares are at much higher price than the shares trade for now. Ideally management should buy the stock at a discount to intrinsic value and raise capital when the stock trades above intrinsic value. When mgmt and the board buy back shares at a high price relative to what the market’s value of the stock is, it brings into question their ability to assess intrinsic value. We have already talked about the ill-advised decision to do sport. I’m unsure if this constitutes as “effective portfolio management”. I do not know what digital identity means, or what “multi-access edge compute” means. The data centre portfolio is very small relative to Spark’s competitors, and Amazon is set to open a large data centre in NZ, as are Microsoft. Microsoft is a much bigger company and so is Amazon, so they have much more advantages of scale, by orders of magnitude. I have made a helpful chart to help visualise this. I am not sure how Spark means to meaningfully compete with such scale. The rest of Spark’s “strategy” can be seen here¹, which is long on words and the feel-good factor, but short on actual, quantifiable metrics. I mean, there’s this: H1 2025 EBITDAI² was down 15.5%, at $448mn. The dividend declared was down 1c. The only part of the strategy that seems to be working is growing (reducing) the dividend in line with FCF growth (unfortunately, FCF growth is negative on FY24). So what to do? Jolie has now been CEO and presided over value destruction — as have the board of Spark. Here’s Jolie, quoted in the Herald, on whether she’d be making any changes: Will we see any executive changes?, the Herald asked chief executive Jolie Hodson. “No, there are no changes I’ve got to share with you. Our focus is on making sure we’re executing at pace.” And is she confident in her own position? “My focus is 100% on making sure Spark is doing the things that we need to do to address the markets we’re in, but also the actions that we said we’d take and that’s what I’ll be focussed on doing,” Hodson said. But Spark hasn’t really done thing “things they need to do”, have they? On most metrics they’re down and losing market share! And they’re not executing at pace either — MSFT and AMZN are executing data centres at pace — Spark is but a footnote. This is the part of the piece where I ask if Jolie and her chair, Justine Smyth, perhaps they ought to consider new jobs? In most markets around the world shareholders would be braying for some blood. It’s hard to imagine “business as usual” when so much value has been destroyed. There’s still value in Spark — Infratil acquired One/Vodafone for 6.9x EV/EBITDA, slightly above where Spark trades (~6.5x). I have little faith in the current board and management to create more value, which leads to the question of whether the company could be acquired, chopped up, and value unlocked. This is always a harder question than it seems — telecom companies and broadband assets don’t tend to be valued particularly highly or sell like hotcakes these days — look at Comcast’s recent results. You’d need an acquirer with a strong stomach and more importantly, a plan. Work to be done.
OANDA:XPDUSD has reached a significant support zone, marked by prior price rejections and strong buying pressure. This area has historically acted as a key demand zone, indicating the potential for a pullback if buyers regain control. The current market structure suggests that if the price confirms a rejection from this support zone, there is a high likelihood of an upward move. I anticipate that if rejection occurs, the market may head higher toward the 956.000 level, which represents a logical target within the current market structure. This setup reflects the potential for a retracement after an impulsive move, supported by the confluence of previous price behavior and the current structure. If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
I made an analysis on the SPX chart, and will be cautious about the latest index movement. I’ve been studying the SPX chart since the bull run began in October 2023, and the recent daily candlestick action with rising volume is concerning. Over the last 1.5 years, I identified five major distribution days. In the previous four, we didn’t see a follow-up surge in volume despite the price dropping below the 50-day SMA, nor did we see divergences in S5FI (S&P 500 trading above their 50-day simple moving average) or S5TH (S&P 500 trading above their 200-day SMA). However, from late December until now, SPX hasn’t made a higher high and seems stuck in a range. Over the last four sessions, all red candles showed increasing volume, each surpassing the 50-day average volume. I also see a divergence in S5FI and S5TH since September, which could signal either a simple bull-run pullback or a larger correction. For now, I’m sitting on cash, monitoring potential catalysts, and ready to initiate a small short position if more bearish signals appear.
Gold indeed dropped heavily as predicted yesterday and broke 2920 support. Today's trading is simple, sell, sell, sell. I will sell from either 2920 or 2930 today. 1st target 2880 2nd target 2840