OANDA:XAUUSD continues to attract attention even as the US dollar strengthens, fueled by ongoing geopolitical and economic crises that drive demand for safe-haven assets. Prices are consolidating above previous resistance levels and are pushing toward establishing new local highs. As for gold's price volatility, the upcoming week will feature several key US economic data releases, including employment reports and the Federal Reserve's meeting minutes. These updates are expected to provide investors with greater clarity on the Fed's monetary policy, especially following projections of interest rate cuts in 2025. Regarding the gold strategy for the new week, Ben personally prioritizes buying strategies if the price remains within the wedge, targeting at least the upper boundary of the price channel. This anticipated upward move is expected to reach the level of 2690.
NASDAQ:TSLA This chart is so S3XY. Fib Pitch Fan shows many high touch points and consolidation ranges to follow to get an idea of where this stock can really go. This baby can run. Going back to July of 2020 you can see a candle that has a high of $119.67 and a close of $100.06 and this candle had a nice run up to get there as well. We did see some consolidation after touching the trend line but after went on an incredible run in that range. Once it did break into the range above, the green zone, this stock touched the next trend line with a candle that had high of $294.83 and a close of $293.34. In similar fashion as of now we went above the green zone into the blue zone touching this blue line. Consolidating in this blue zone right now this stock looks good to break this blue line and make new highs. Above the blue line you can see this range in the blue zone has previous amounts of consolidation but each time you went toward the green zone above to touch that green line. We can break this green line and enter this green zone quickly due to volatility. This stock can enter into new ranges in the green zone not seen before. Volatility could take this stock to new heights and make new trends. This chart is posted on X. Link on my profile. Comment what you think about this chart. Comment any tips or suggestions. NASDAQ:TSLA
Hi there, The price is forming HH and LH which is signalling upwards momentum is still intact, however, the price appeared to make an attempt on breaking out of the bullish pennant that we have seen forming which was rejected. The $2.49 sell wall is still intact, I believe that a second re-test is imminent and it could break, if not we could be looking at downwards pressure to $2.22 This is what I believe could happen and the path indicated. If the price does break out the target is $4.96 If anyone has feedback on my idea or an insight into what could be happening I'd love to hear it, all comments are greatly appreciated. Thank you! :)
This is a summary of the markets I'll be looking to Trade in the early days of the Year. USOIL GBPUSD XAUUSD EURAUD No Entry is Defined on The Swings yet, But you can take advantage of the Reentry positions on EURAUD with minimal Risk. Happy New Year Patience is the way! Ieios
Description: This trading idea centers on PEPE, a meme-based cryptocurrency inspired by internet culture and humor. PEPE has gained popularity due to its strong community support and viral marketing appeal, making it a notable player in the meme token category. While meme tokens like PEPE often lack traditional utility, their value is largely driven by social sentiment, hype, and speculative interest. As a result, PEPE presents an intriguing opportunity for traders looking to capitalize on the growing trend of community-driven tokens. However, investing in meme cryptocurrencies is highly speculative and carries significant risks. These tokens are often subject to extreme volatility, rapid price fluctuations, and a dependency on market sentiment rather than strong fundamentals. Traders and investors should exercise caution and ensure proper risk management when dealing with assets like PEPE. Disclaimer: This trading idea is intended for educational purposes only and does not constitute financial advice. Cryptocurrencies like PEPE are highly speculative and involve substantial risk, including the potential for a complete loss of capital. Always conduct thorough research, assess your financial situation, and consult with a financial advisor before making investment decisions. Past performance is not indicative of future results.
Bitcoin's bullish momentum shows strong potential to continue, with market analysts suggesting that it may push towards a new all-time high within this month. If the upward trend holds steady, we could see record-breaking levels by January 20th, driven by increasing investor confidence and market dynamics.
Hello, FX:USDCAD is currently at a 1-year high of 1.44672, but despite the present movement, a significant downside is anticipated, and a reversal seems imminent. However, confirmation from the 1-week pivot point (PP) is still needed, as it has been acting as support so far. If resistance isn't confirmed for a bearish reversal, the price may test the March 2020 high of 1.466. Either way, a downside move is expected, whether after the first or second scenario. No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344
1/3/25 :: VROCKSTAR :: NYSE:KD it's worth a lot less... than $37 - i turn over a lot of rocks, as you guys probably guess. this one i'd never heard of until i looked thru the NASDAQ:SIXG etf's holdings and went "hem let's see" - look. it's a consulting company with LSD growth and promise of really churning the FCF engine in coming years. - i don't doubt the product is good, ppl good etc. etc. but again there's a difference between a "company" and a "stock". many ppl don't learn this, or they pay the tuition to learn it the hard way (sometimes more than once). - so if we give this co the benefit of $500 mm in fcf in '26 (not even '25) and for MSD top line growth we say discount by 5% ("risk" free ish), you'd get $10 bn. and enterprise value is $11.5 bn and that's with heavy net debt - nearly $3 bn. so in other words, if m cap is about 8.5 bn today, to "remove" 1.5 bn (to get to the enterprise value of that hypothetical 10 bn), you'd need to haircut equity by (7/8.5 - 1) = 17%. - and honestly, that's just being "nice". realistically a co growing this rate in this environment, esp where the stock looks to have gotten half painted into YE and half looped into the pltr-style meme move... means you're probably looking at a -20-25% move (minimally) in '25 base case. could it meme to $40... $50. brosef's... it could go to $1000. anything is possible. but most things, like that, and even $50 are unlikely. so if $50 is "amazing" and $25-30 is base case... - "good luck". so i'm just burning a post on this to tell myself if anything it's probably more of a short than a long (tho shorting sux balls and i'd set a target at $45 b/c if/when the risk reward would be that much more obvious as a hedge). otherwise, definitely a no thank you and pass. V
Support and resistance levels are key concepts that help investors navigate price movements. These levels are psychological and technical markers where a coin's price tends to slow down, reverse, or consolidate. Understanding them can make the difference between a successful trade and a missed opportunity. What Are Supports and Resistances? Support is a price level where demand for a cryptocurrency is strong enough to prevent further decline. Think of it as a floor where prices “bounce” upward. Resistance is the opposite—a ceiling where selling pressure prevents the price from rising further. These levels form due to the collective actions of traders. At support levels, buyers feel the price is low enough to enter the market. At resistance levels, sellers believe the price is high enough to secure profits. Why Don’t They Last Forever? Support and resistance levels are not permanent because market conditions, sentiment, and external factors are constantly changing. These shifts happen because of supply and demand imbalances or significant events, such as news about regulations, technological upgrades, or changes in market sentiment. Avoiding the Trap of Greed Many traders make the mistake of placing their buy or sell orders right at these levels, aiming for maximum gain. However, this approach can be risky: Support and resistance levels are zones, not fixed lines . A coin’s price might come close but not touch your order before reversing. Missed opportunities: Waiting for the “perfect” entry point might result in missing a profitable trade by a few cents. A wiser strategy is to avoid being too greedy: Place buy orders slightly above support and sell orders slightly below resistance to improve the likelihood of execution. The Big Picture Support and resistance levels are tools—not guarantees. Successful traders view them as part of a broader strategy. Like it? Share =) Love it? Well...some wallets here...haha CRYPTOCAP:SOL : AHyJjuqAREJDMD5bCzMVjUzHMsM1Mw35AWFmRUQpemWg CRYPTOCAP:ETH : 0xfe1BdE62797a0B96d99a12eC4a08A934E557DAe0
Here is my T.A. on the possibility of Solana to reach a target of $450 in this bull cycle.