This idea explores an Elliott Wave setup for EUR/USD on the 4H timeframe. The pair is forming a contracting triangle, which is likely completing Wave 4 of the impulsive wave sequence. Key levels to watch: Invalidation level (upside): 1.06776 Invalidation level (downside): 1.03492 If the price holds within the triangle and breaks downward, Wave 5 could target the lower support zone near 1.00169. However, a breakout above 1.06776 could invalidate this bearish scenario. This setup highlights the importance of patience and discipline, waiting for confirmation before entering trades. Monitor key levels closely and adjust your strategy accordingly.
A few weeks ago I made an update about rumors of Bank of America using XRP for its internal transactions. https://www.tradingview.com/chart/XRPUSD/dHHqdnYL-XRP-Bank-of-America-Uses-XRP-Internally/ The United States is the world’s largest economy, with a GDP of about $27 trillion. If a major like Bank of America were to adopt the use of XRP, consider how it processes trillions of dollars every day. Imagine what this can do for the market cap. Currently, these transactions are run through traditional payment systems like SWIFT and FedWire. But if Ripple can come in with a real cost saving advantage, it's very likely that other banks may follow. Apart from internal transactions. these banks play a key role in global financial transactions, which means that any shift towards the XRP could lead to massive liquidity inflows and increased daily trading volume for the currency. In case of limited adoption within US banks, the price may rise to $2-5 in the medium term. In the event of widespread adoption within the United States, if XRP becomes a core part of the operations of major banks, the price could reach $10-20, but this would require fundamental changes in the financial infrastructure. In the event of global adoption led by the United States, the price could range between $20 and $50, but this requires years of development and legal regulation. __________________________ BINANCE:XRPUSDT
? SHORT BYBIT:FARTCOINUSDT.P from $0.4570 ? Stop Loss: $0.4865 ⏱ 1H Timeframe ✅ Overview: ➡️ BYBIT:FARTCOINUSDT.P remains under selling pressure, forming a downtrend. The price is testing the $0.4570 level, which previously acted as support, but the market remains weak. ➡️ POC (Point of Control) at $0.5449 indicates the main liquidity zone, far above the current price. This suggests seller dominance, with major trading activity still at higher levels. ➡️ A breakdown of $0.4570 would trigger further downside, opening the way to $0.4350 – $0.4168. ➡️ The $0.4168 level is a key support, where buyers previously showed interest. ⚡ Plan: ➡️ Enter SHORT from $0.4570 after confirming a breakdown. ➡️ Stop-Loss at $0.4865, placed above the nearest resistance. ➡️ Key downside targets: $0.4350 and $0.4168. ? TP Targets: ? TP 1: $0.4350 ? TP 2: $0.4168 ? BYBIT:FARTCOINUSDT.P remains weak — expecting further downside! ? The market structure remains bearish. Volume continues to decline, confirming the weakening buying interest. ? However, a short-term bounce at $0.4168 is possible. If significant volume appears at this level, a brief return to $0.4350 could occur, but the overall movement remains downward. ? BYBIT:FARTCOINUSDT.P is in a bearish structure, and unless $0.4570 is reclaimed, we are likely to see further downside movement. A short-term bounce at $0.4168 is possible, but the overall trend remains weak.
GOLD is still in a bullish trend. Wait for bullish price action and go for a long trade.
BiliBili HKEX:9626 : Bullish Breakout – Time to Buy? Recent Market Movement https://www.tradingview.com/x/QqZT4ls6/ BiliBili HKEX:9626 is showing strong bullish momentum as of February 13, 2025, breaking past the HK$152.8 resistance with high trading volume ( white text and circle ). The double bottom pattern suggests a possible long-term uptrend, making this an interesting setup for investors ( Green text ). Buying Strategy Buying range: HK$129 - HK$177.1 Ideal entry: HK$141 - HK$161 (after breaking resistance) Supporting indicators: Double bottom & Reverse Head and Shoulders patterns Potential Growth & Risks https://www.tradingview.com/x/pQqLbUw3/ At HK$149.7, BiliBili’s price is near historic lows, far below its all-time high of HK$1054. This signals a strong upside potential if the trend continues. However, a key stop-loss level to watch is HK$129 to limit risk. If price drops below HK$149.7, caution is advised Risk estimate: ~13.41% downside Final Thoughts BiliBili looks poised for a potential rally, but risk management is key. If the bullish trend holds, this could be a great long-term opportunity. Disclaimer: This is for informational purposes only and not financial advice. Always do your own research before investment
https://www.tradingview.com/x/RtTFTI1j/ Long APP 250221P470 @ 19.50 Some fair value estimate at $340. Are the current levels overvalued after the earnings gap up?
This is my simple analysis on EURUSD, wait for a breakout to buy with the trend. I wont share much details as it's self explanatory
META took out PDH as buystops with fake move for higher prices trapping all long traders. After buystops were taken out, H4 and H1 Po3 along with 15m rejection plus 5m MSS with FVG +breaker gave a beautiful setup to target the low of the day so far. Even if indices are trending higher it depends on the particular asset for short term moves regardless of what indices are doing. I still favor lower prices in META given indices may trend lower tomorrow, but didn't swing anything today.
LUNC Price on the Rise as Terra Classic Moves Closer to 403B Target The Terra Luna Classic (LUNC) market rose continuously during five trading days and surpassed its essential resistance barrier. On February 12, LUNC reached its peak value at $0.0000784 while showing a 59% rise relative to its yearly market lows. LUNC Burn Activity Triggers Price Surge The upward price trend of LUNC joins altcoins in general, which have recovered from their local winter lows reached on Monday. LUNC’s latest price increase stems directly from the continuous token-burning efforts on the Terra Classic network. LUNC Metrics demonstrates that the network has destroyed more than 628 million tokens throughout the previous week. The latest round of burning operations has expanded the total destroyed LUNC supply up to 402.78 billion since the initiative commenced. The current pace indicates that the total burned supply will cross the 403 billion threshold during the latter part of this month. Between on-chain network transactions and Terraform Labs donation amount, 67.86 billion of the total burned tokens have been eliminated thus far, but 334.92 billion tokens were directed toward the burn wallet. Binance stands out as the primary supporter of LUNC burning through its destruction of more than 70.8 billion tokens, as noted in our earlier post. The burn process received substantial support from the DFLUNC Protocol, which managed to destroy 4.52 billion tokens, along with LunaticsToken, which burned 1.97 billion tokens. The Terra Classic community believes that ongoing burn operations alongside staking might possibly resolve the issues that affect TerraClassicUSD (USTC). USTC, the stablecoin that lost its peg during the Terra ecosystem collapse, also recorded a notable surge. USTC price rose above 13.22% today to reach the value of $0.01875. However, the current value of USTC remains 5,233% below its target dollar value of $1, therefore necessitating further increase in price. LUNC Price Analysis Today On Wednesday, LUNC price continued surging, trading at $0.00007805, up by 5.12% at press time. A formation of hammer candlestick pattern emerged at this price level with its long lower wick and tiny body structure, which often indicates a bullish reversal move, as mentioned in our previous story. The LUNC price exceeded the upper boundary forming the pattern of declining wedge. The falling wedge is created by descending trend lines that move toward one another and generally signal bullish price movements. Terra Classic overcame its previous support area at $0.00007140 in early September. Terra Classic stands to potentially reach its next major resistance point at $0.0001025 after breaking through this barrier because this level corresponds with the 38.2% Fibonacci retracement measure. The future price potential stands at 40% above its current value according to this target measurement. Hence, the current bullish outlook would become invalid if market bearishness drives prices beneath the $0.00005525 support Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making any investment decisions. Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not available for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment.
Here are the possible Trade ideas for PLSE. If the Break out sustains, you have a very good trade, on the flip side nothing stops price from seeing the lower end of the Consolidation level. Manage your risk as per your risk profile.