Price action looking similar in structure to previous local too. We may see some major volatility but I think we don’t see another ATH until Aug 2025z Happy to be wrong but the idea if accurate would be a bearish retest of 89/90k, then a bullish retest of 104/105k (Trump inaug rally) then a slow consolidation down to 80k before an impulse into an ATH rally next fall. My ideas change as quick as the market! Good luck out there.
1.6 fib extension points to 26 cents which can be a reasonable target for perps of SYS. If ETH continues growing relative to BTC and USD, SYS can potentially go to higher targets
Frontline has made its final correction wave, and an upward momentum may follow from here. The RSI oversold position indicates a bottom. It quickly rose from around 151 to the 160s. It could provide a good return for the first quarter of 2025. Purchases can be made at these prices with a stop at 151, and profits can be taken at resistance levels. This is not investment advice.
Telcoin is neutral on its 1D technical outlook (RSI = 48.029, MACD = 0.000, ADX = 25.040) as it remains low on its 1D MA50 but for the time being well supported. It's been almost 1 month since the incredibly bullish 1D Golden Cross, which resembles the one of the previous Cycle on January 12th 2021. That was during the start of that year's alt season. The two fractals are identical both price-wise and in terms of RSI. If the 1D MA50 stays clear, we are looking for a ATH test (TP = 0.06000) even though technically we can easily see a test of the 3.0 Fibonacci extension. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
been a downward spiral for a while now expect this to do a final spike down assuming Dixie goes for 109 since i still feel its overextended not trading this just interested to see how it plays out If you have been following my DXY posts its at a key spot right now where it either teleports up and squeezes shorts or we send it to hades was tempted to shave off some of my silver postion but shall hold for now and see what the new year brings us
As you can see, MATIC is up about 3% when compared to VARA. Statistically speaking, the market owes VARA 3% and this should be fulfilled based upon the correlation link between this assets. At this moment, one could spot a long opportunity in VARA, if one was open to such minor risks. I am not a financial advisor, stay safe my friends.
No indicators of a major dump imminent on ES1 (SandP futures), chopping upwards seems the way to go.
NASDAQ:QQQ AMEX:SPY I won't lie to you friends, this is MAXIMUM FUCKERY FRIDAY! It sucks across the board but lets just zoom out and look at all the data. We are still in an uptrend, still holding above the 9ema, and still GREEN on the H5 indicator. I'm buying the DIP. MY BULLISH PREDICITON: NASDAQ:QQQ & AMEX:SPY BACK TO ATH's WITHIN TWO WEEKS! Yes, I bought 5c NASDAQ:QQQ Jan. 10th 2025 $520 Calls I'm doing this only to put my money where my mouth and prediction is. I am ok with losing if I'm wrong. Don't get these NASDAQ:QQQ short term calls and prediction twisted with me being a forever bull. I understand how markets work and I'm simply going off my TA, knowledge, and GUT. I'm fully ready to exit every trade that goes against me if I'm wrong on the markets rebounding and continuing higher into January friends. When we do signal the bigger correction is happening through our strategies I will exit every RED H5 indicator or stock that goes against my rules. I'm simply giving a little bit of excess rope due what the FED did last week that kicked this whole thing off. I still don't see the Bull Market being over and If i'm wrong, I'm wrong. I will still be up massively on the year and I'll count it as one of the few times that I've been wrong. Still winning more than losing which is the only goal to strive for in trading. Not financial advice
Ultratech cement has approved an acquisition of 8.69% stake in Star cement for Rs 851 crore. As mentioned earlier in my post of August 26 that their is a possible chance of creation of duopoly in the cement sector after Adani's entrance in the sector it has been adamant after looking to the aggressive acquisitions made by Ultratech and Adani group. Till now Ultratech cement has taken stakes in Kesoram industries, India cements and Star cement while Adani Group has taken stakes in Ambuja, ACC, Sanghi Industries, Penna Cement and Orient Cement. As we know that Greenfield projects are limited due to limited natural resources, production capacity can only be increased and dominance can be maintained by acquiring small companies. Because of this tug of war share prices of small companies have surged significantly. Star cement has given a return of 40% in 2024. It's present capacity is 7.7 MTPA and plans to increase the capacity to 25 MTPA by 2030. Cement sector is going to be exciting in the coming years. Do keep a track and be updated about the sector.
BINANCE:CETUSUSDT is bullish in short term. However, it will take minor correction before going up.