Hello traders. Here on the EURCAD, I'm going to be using two simple concepts i.e Trend following + Valid POI. Using these we can see that this market is constantly making Swing high points. But here's the twist- we're currently at ta higher timeframe level from which we can see bearish reversal but the rule as trend traders is to trade the trend till it bends. Hence, the possibility of longs out of the POI, ONLY UPON CONFIRMATION. If we get a break of the bullish structure at that zone, then it's an indication of coming bearish wave to the downside. This means we will not be acting on this analysis until the market gives an extra layer of confirmation . Stay Reactive. What do you think ?
It been quit a lot of SHORTS and we can place their space there should be closed contracts untill last weeks , due to delisting
Solana is eyeing a massive 120% rally to $425, surpassing its $258.42 resistance! The current price is $193.59 +2.26%. Will it hit a new ATH? Let us know!
This technical analysis is for informational and educational purposes only. It does not constitute financial advice. Remember to always research and consult with a professional before making investment decisions. Good luck! ???
Monday Alpha Report 2025 01 01 Happy New Year to you all! 2024 was an unmitigated year of prosperity and profit for our community, and it will only get better in 2025. Executive Summary: -Altcoins continue to outperform Bitcoin. While not giving full credence to the idea of alt season, it is slowly beginning to materialize as key metrics evolve. -High probability of Bitcoin rallying into Trump’s inauguration; however, caution is still warranted as downside risks are still strong. -Ethereum is likely to continue to underperform Bitcoin in 2025. -AI Agents continue to explode, and you should be allocated. Macro: Stablecoin Dominance https://www.tradingview.com/x/D2pxJ1jA/ 6.00% still stands as resistance, keeping this metric from pushing us into bearish territory. The bulls do not want this metric in an uptrend, and as the 30 MA creeps closer to the 50 MA, we need to be vigilant for a breakout on this metric to confirm a breakout to test the 200 SMA. For now, the market is indecisive. Stablecoin + Bitcoin Dominance https://www.tradingview.com/x/Hvzv3FVP/ This metric wants to continue the bearish trend, which would bode well for altcoin positions. A resumed downtrend in this metric will correlate to rising altcoin prices, so altcoins, for now, are still a better play than Bitcoin. Altcoin Price Performance vs. Bitcoin https://www.tradingview.com/x/1utCray7/ Daily momentum returns to the upside, signaling a potential breakout on this metric after putting in a Higher Low. A pushback up to re-test the long-term downtrend resistance will mean a return to the froth of the altcoin markets. Bitcoin Bitcoin’s price is consolidating, with the Daily Timeframe showing a potential reversal. Trends: https://www.tradingview.com/x/IQX6VmqI/ 5M: Bullish 30M: Bullish 1H: Neutral 4H: Bearish Price must close a 4H candle above $95,000 to strengthen the reversal narrative. That close would also confirm the potential Adam & Eve reversal pattern in the same timeframe. Volatility has dropped significantly on the Daily and 4H time frame, and price has found support at $93,000. Key Levels: https://www.tradingview.com/x/53AiJHJ3/ POC: $93,727 VWAP: $93,676 Value Area High: $94,337 - $94,700 Value Area Low: $93,730 - $92,851 Strategy: When Bitcoin is in a strong uptrend, it closes its Weekly and Monthly Candles very close to their highs. When Bitcoin’s strength wanes, it begins closing much lower than its highs, as seen in the last two weekly and December’s monthly candles. In other words, when Bitcoin is no longer strongly uptrending, as it is now, it tends to pump during the beginning of the month and sell off into the later half of the month. This aligns perfectly with the upcoming catalyst of Donald Trump’s inauguration as the 47th President of the United States. Anticipating a “buy the rumor, sell the news” type situation, with a potential bull trap emerging in the latter half of this month. While downside risks are still very evident, given that we are trading below the 4H Moving Averages, the Daily Timeframe shows momentum returning to the upside following a bounce off the 60 DMA. Should the current reversal play out, I expect price to make a run to $100,000 over the next two weeks and potentially higher. We should be cautious of a bull trap at that time. Risk-hungry traders could begin starting a position with invalidation below $93,000 or wait for a 4H close above $95,000 and 4H momentum to be regained. Altcoins: I see altcoins performing well also over the next two weeks, likely front-running Trump’s inauguration same as Bitcoin. Again, downside risk is real, but we saw some strong buybacks today. XRP - Target of $2.70. ENA - Target of $1.20. HBAR - Target of $0.35. FTM - Target of $0.96. Again, I’m cautiously optimistic. I cycled about 30% of my portfolio into altcoins today, 20% into AI Agents (Zerebro, SPORE, Pillzumi, Nothing, YNE, SEN), and the rest into Bitcoin. We’re probably bottomed out for now, but I will cut Bitcoin and alts fast if we start heading for the lows again. We will hold AI Agents until we lose momentum, but that’s the meta play for this year.
Sometimes reading a chart is just easy. THORChain here, RUNEUSDT. Notice the volume on the previous bull-market. Notice the flat period between 2021 and late 2024. The significant increase in trading volume indicates we are now entering a new bull-market phase. A long-term higher low, August 2024 vs June 2023; indicates a long-term higher high. 2025 vs 2021. RUNEUSDT can reach $34 or beyond $40 late this year. You can do the maths for the potential such a price would entail. Just divide the projected ATH target vs the current price. That's more than 600% if $34. Might go much higher. If you notice the initial bullish wave in late 2024, it is less steep than in the past. We also know that 2021 was an anomaly due to Covid and extreme monetary expansion. See how steep the rise was back then. This time, there is more support. The rise is healthier, the rise has been steady. This gives strength to the pair (market). This means that the bull-market can definitely be something different to what we experienced in 2021. We cannot compared to 2017 because the conditions were so much different. Cryptocurrency is young. It is very possible that we will have a new map and many projects would produce their own cycles. They will detach from the exchange generated bot trading charts. With real humans buying and selling, we are bound to see new charts and varied dynamics across the market. Instead of everything being the same; everything will be great. Namaste.
Tesla Inc. (TSLA) Analysis and Price Projections for 2025 (3-to-5-Month Outlook) Below is my analysis for each chart with a focus on Elliott Wave patterns, Fibonacci levels, and potential buy-the-dip opportunities. Tesla Inc. (TSLA) Current Price: $403.84 Key Levels: Resistance: $488.54 (Wave 5 high). Support: $340.81 (38.2% retracement), $295.17 (50% retracement). Outlook: TSLA has likely completed Wave 5 and is in a correction. Expect pullbacks to $340.81 or $295.17 before a potential recovery. Projection: TSLA could rebound to $420-$450 by Q2 2025. Now, a huge factor is FSB and Robo Taxi's. TSLA could very well reach $1,000.00 by year end 2025 if those factors materialize in the first and second quarter 2025.
Alphabet Inc. (GOOG) Analysis and Price Projections for 2025 (3-to-5-Month Outlook) Below is my analysis for each chart with a focus on Elliott Wave patterns, Fibonacci levels, and potential buy-the-dip opportunities. Alphabet Inc. (GOOG) Current Price: $190.44 Key Levels: Resistance: $202.88 (Wave 5 peak). Support: $157.77 (100% retracement), $143.16 (50% retracement). Outlook: GOOG appears to be correcting after Wave 5. Key support levels to watch are $157.77 and $143.16, which could provide good entry points. Projection: After consolidation, GOOG could aim for $190-$200 by mid-2025.
Hey Traders, in today's trading session we are monitoring XAUUSD for a buying opportunity around 2610 zone, Gold is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 2610 support and resistance area. Trade safe, Joe.
Netflix Inc. (NFLX) analysis and Price Projections for 2025 (3-to-5-Month Outlook) Below is my analysis for each chart with a focus on Elliott Wave patterns, Fibonacci levels, and potential buy-the-dip opportunities. Netflix Inc. (NFLX) Current Price: $891.32 Key Levels: Resistance: $941.75 (Wave 5 high). Support: $644.16 (38.2% retracement), $460.30 (61.8% retracement). Outlook: NFLX shows signs of a Wave 5 peak and is likely heading into a deeper correction. Support levels at $644.16 and $460.30 are key areas to watch. Projection: NFLX could rebound from these levels to test $800-$850 by mid-2025.