From the point where we placed the yellow line on the chart, it seems that GRT has started forming a diametric pattern. Currently, it appears we are at the end of wave D. In any case, as long as the green zone is maintained, it is poised for growth. The target could be the red box. The closure of a daily candle below the invalidation level will invalidate this analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
classic topping formation, extreme divergence on the weekly, once 127 is broken expect heavy downside will be selling from here up to 140 with stop confirmation above 140 on the weekly, target 50$
? Bitcoin has finally broken the **key resistance at $104K** after **a month of ranging between $90K and $104K**, signaling the end of its consolidation phase. ? This breakout coincides with a major fundamental catalyst— he inauguration of the new U.S. President (Trump) on January 20*—bringing renewed optimism and buying interest into the market. ? Entry Zone: $104K to $106K ? First Target: $122K ? top Loss: GETTEX:97K ? *Technical and Fundamental Convergence: The combination of a critical resistance breakout and significant political events sets Bitcoin on a clear path toward its next major target of $122K. ? Don’t miss this powerful opportunity—Bitcoin is ready for another explosive rally!
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
Happy new year, traders! A few year-end wobbles not withstanding, Bitcoin has remained steadily within, or just above, the $100k price range over the past weeks. Bears briefly pushed Bitcoin below $90k but the dip was slurped up quickly and Bitcoin bounced upwards. Just as in the summer of 2024, when it was clear that Bulls had run out of steam, the same can be said of Bears in this moment in time. For now, Bulls remain at the wheel. As Bitcoin builds up momentum before hopefully going on the next leg of its cycle growth, the stage is open and capital available for Altcoins to have their moment. So-called 'Boomer Coins' including Litecoin, XRP and others have rallied 30-40%+ over the past week alone. On the other end of the spectrum, memes, AI agent coins in particular, have seen parabolic growth. Market participants are chasing the 'next' pump narrative. But none of the typical 'top' indicators have yet been hit. The Coinbase app is not number 1 in the App Store just yet. From a regulatory perspective, traders are positioning themselves for the incoming pro-crypto Trump administration. As SEC chairman Gary Gensler is handing in his resignation on January 20th, a new crypto-friendly SEC chair, Paul Atkins, is poised to take over once confirmed by the Senate. This will mark a major step-change from an SEC that brought at least 83 enforcement actions against crypto companies such as Coinbase or Uniswap. Macro-wise, the outlook is more mixed. On the one hand, latest US inflation readings have come in soft. That keeps the door open for further Federal Reserve rate cuts this year. On the other, both retail sales and job data came in below expectations underperforming. The impact of possible Trump tariffs on the economy and trading partners such as China, Mexico and the EU is a great unknown that spooks markets. In a worst case scenario, tariffs could hurt partner exports which would result in an overall economic backlash for everyone. Nonetheless, crypto is entering the 2nd year of its Boom Market cycle with more cause for optimism. The regulatory uncertainty is slowly lifting. Institutions including giants such as Blackrock have embraced crypto markets. Beyond the usual noise of crypto markets, Blockchain technology is improving. Areas such as performance, encryption, interoperability and User experience are starting to reach a point where actual adoption becomes feasible. There is certainly a lot to look forward to in 2025. May we all have a great year ahead of us.
My swing trade method didn't trigger yet, but the stats are impressive and the set-up is getting ready, so I will be watching this one closely. What do you think?
This looks like a bottom for AMC. The shorts aren't running yet, but it looks like it's setting up to squeeze them. The financials are still horrible, but this is just a technical play on a meme stock. This is the key to this play: AMC Hldgs's short percent of float has risen 7.31% since its last report. The company recently reported that it has 53.05 million shares sold short, which is 13.94% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.53 days to cover their short positions on average. Remember: there's a debt conversion to stock at $5.66 so if it does get to $5.55 reverse and go short. This is not investment advice, I'm just a village idiot that likes to think out loud.
Technical analysis of US30/DJI. Two bearish counts presented, both of which have an expanded flat corrective structure starting on 20 December 2024. Wave 5 of (c) in progress. Fibonacci and measured move off low of 13 January 2025 included. ATH at 45105.1 is key resistance.
There are possibilities of fallback targets. The red line is most important. My analysis is for possible day trades, not long-term.
https://www.tradingview.com/x/jPzEuQng/ My dear friends, Please, find my technical outlook for USDJPY below: The instrument tests an important psychological level 156.03 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 157.26 Recommended Stop Loss - 155.29 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. ——————————— WISH YOU ALL LUCK