The fear is big and we have reaxhed a supporting MA now. Trying to stem against the fear.
I see potential for drop to 70k possibly further. Based on many price levels there is a high chance for correction. It seems 102k was a level where many traders took profit.
Crypto investors need to be aware of Monero and its historic performance tendencies especially on a day like today. It has become the only cryptocurrency in which I think has actual USEFUL value in terms of being used as an '"currency". KRAKEN:XMRUSD for the last several years has functioned much like a stablecoin albeit with a lot of volatility. It trades within a range but one that has been steadily increasing over time. The old range used to present a fair value of around 156 within the middle of the range. The new bottom of the range sits at 196. As this bear cycle continues I will look to these supports to hold $KRAKEN:XMRUSD. I do not promise that one should expect the 10x, 100x, etc. from investing in $KRAKEN:XMRUSD. That is not what the cryptocurrency is for. Its value is in its privacy by default. Those values are; resistance against surveillance, true sovereign money, and the actual ideals of being a tool for human freedom that began cryptocurrency over a decade ago. Monero today has actually replaced Bitcoin as the currency of choice on the Dark Web... that was what gave Bitcoin its value in the early days. Besides the afore mentioned fundamental value of Monero it is important to understand what recent price history has shown about Monero versus Bitcoin during the bull/bear price cycles: Cryptocurrency Cycles The relative performance of Monero to Bitcoin (which is, basically, the crypto market) at different points over the last few years can be charted using KRAKEN:XMRBTC https://www.tradingview.com/x/dsnDOHzw/ Since November 16, 2024 XMRBTC has performed +64%. This has happened while the price of Bitcoin has mostly stagnated by Monero has steadily appreciated in value. https://www.tradingview.com/x/fQDO6NzL/ The period prior was from April 2024 through September 2024, again when the price of Bitcoin stagnated by Monero held and increased in value. https://www.tradingview.com/x/71gyd5Yt/ The most important period to study for now, when Bitcoin has likely entered its bearish cycle phase, is the period between December 2021 and January 2023; the last Bitcoin bear cycle. XMRBTC outperformed by about 150% as Bitcoin went down but Monero depreciated less. This period ended when the recent Bitcoin bull cycle began. https://www.tradingview.com/x/Zuu2yoMC/ Critics will rightly point out though that "Bitcoin over time has outperformed" and they would be correct, historically. Within this truth though crypto investors need to look for a correlation that works anywhere close to this; where when Bitcoin goes down that cryptocurrency consistently holds its value against Bitcoin. There is no other major cryptocurrency that behaves this way. Knowing the cycles can provide investors with a "safe haven" potentially. Trade wisely!
Bearish divergence on MACD and RSI, made the THIRD lower low without any higher highs, looking at targets at the area 0.382-0.618
The euro appears to be possibly finishing up a c wave of a triangle possibly ending at 10570-80 My original thought was we were we were concluding the E wave of the triangle. A push higher toward 10570-80 would make me alter the count to a conclusion of this C wave.
Bitcoin will reduce almost down to 70.000 USDT. Just look at the chart.
I draw sell zone for usd/cad and I expect the price to move down from these areas after the breakout and to the areas shown.
Key Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Leggett & Platt Incorporated Stock Quote - Double Formation * ABC Flat Feature At 14.00 USD * 1st Retracement | Area Of Value | Subdivision 1 - Triple Formation * (Downtrend Argument)) | Subdivision 2 * 2nd Retracement | Entry Bias | Subdivision 3 * Daily Time Frame | Trend Settings Condition - (Hypothesis On Entry Bias)) * (Downtrend Argument)) At 11.00 USD * Ongoing Entry & (Neutral Area)) Active Sessions On Relevant Range & Elemented Probabilities; European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Sell
NN GROUP ( EURONEXT:NN ) Q4—INSURANCE CASH SHINES IN EUROPE (1/9) Good evening, TradingView! NN Group ( EURONEXT:NN ) is humming—H2 revenue hit $ 7.94B, topping estimates ??. Q4 earnings and a cash boost spark buzz—let’s unpack this Dutch dynamo! ? (2/9) – REVENUE RUSH • H2 Haul: $ 7.94B—beats $ 7.41B est. ? • Full ‘24: $ 12.36B—up 12% from $ 11.03B ? • OCG: $ 1.9B—hits ‘25 goal early EURONEXT:NN ’s cash flow’s sizzling—steady wins! (3/9) – BIG MOVES • Buyback: $ 300M—shares get a lift ? • Dividend: $ 3.44—up 8%, juicy payout ? • Deals: $ 360M settled—risks trimmed ? EURONEXT:NN ’s flexing—insurance muscle shines! (4/9) – SECTOR SNAP • P/E: ~10—below 11.9x avg ? • P/B: 0.57—vs. sector’s 1.04—cheap? • Edge: 12% growth tops peers ? EURONEXT:NN ’s a bargain—or just quiet strength? (5/9) – RISKS ON DECK • EPS Miss: $ 2.21 vs. $ 3.60—hiccup ⚠️ • Rates: Volatility stings returns ?️ • Climate: Claims could climb—yikes ? Solid run—can it dodge the bumps? (6/9) – SWOT: STRENGTHS • Cash: $ 1.9B OCG—rock solid ? • Payouts: 8% divvy, $ 300M buyback ? • Europe: 20% new biz—growth zip ? EURONEXT:NN ’s a steady beast—built tough! (7/9) – SWOT: WEAKNESSES & OPPORTUNITIES • Weaknesses: EPS slip, Dutch lean ? • Opportunities: Eastern Europe perks ? Can EURONEXT:NN zap past the risks? (8/9) – EURONEXT:NN ’s Q4 cash surge—what’s your vibe? 1️⃣ Bullish—Value shines bright. 2️⃣ Neutral—Solid, risks hover. 3️⃣ Bearish—Misses stall it out. Vote below! ?️? (9/9) – FINAL TAKEAWAY EURONEXT:NN ’s $ 7.94B H2 and $ 1.9B OCG spark zing—insurance hums ?. Low P/E, but EPS wobbles—gem or pause?
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