SPY recently retraced to the bottom of our Magic Linear Regression Channel with a large 3%+ move. Today, there was a nice bounce bounce from the channel bottom, back up to yesterday's open. So, what's next for SPY. The Magic Linear Regression Channel shows upside potential to it's baseline back at its recent all-time highs, and the potential for a higher move to the $630-$650 range. However, there is also the potential for it to fall back through the channel. Since we've been in a bull market for awhile now, that channel break would have to happen more definitively in order for that to be a likely scenario. We've recently introduced the Magic Candles PRO indicator, which shows high volume candles that have very little price movement. When paired with the Magic Linear Regression Channel on a 1 day chart, it tends to show reversals at key levels on the Magic Linear Regression Channel. However, because we had a large move down on Weds, Dec. 17th 2024, and a large move up on Friday, Dec. 20th 2024 and ended up at the open of Thurs., Dec. 18th 2024, we get a doji on the 2 day chart that shows a massive "volume hammer" signal not seen since 2019, 5 years ago. This signals that we are on the verge of a large sustained move. Again, because we've been in a bull market, and there aren't any very strong signs that it is over, we suspect that the large sustained move will be to the upside, because of the signal. If the price breaks down out of the channel, then we'll be in for a nice downward ride. Until that happens, though, we're bullish as we approach the all-time high again, and all the way to the $630-$650 range.
It's gone 3 months or so since Palantir stock has joined on Friday, September 20 Stock Top Club, also known as S&P 500 stock index SP:SPX . Palantir was one of the strongest contenders for inclusion in the broad market S&P500 Index. This inclusion, as well as Dell (DELL), came after tech companies Super Micro (SMCI) and Crowdstrike (CRWD) also joined the index earlier in this year 2024. Since that, Palantir stock became the best (i.e. #1) S&P500 index performer this year, with current +375% YTD return in 2024, being highlighted at 80.55 USD per share - the new all the history peak reached last Friday, December, 19 at regular session close. What is most important also, even recent Federal Reserve (The US Central Bank) hawkish projections on monetary policy in 2025 were not able to stop the only game in the city, or even make a pause on Palantir leadership. Since Palantir stock is rallying 7th month in a row, the stalkers remain decently far away, swallowing the galactic dust of Palantir shares. Judge for yourself. One of the nearest pursuer, Nvidia Corporation NASDAQ:NVDA (# 4 out of all S&P500 index performers in 2024) is nearly to finish the year of 2024 with +170% return, i.e. lagging against Palantir behind twice. The quite similar things happen with the most popular and heavy c-coin, also known as Bitcoin BITSTAMP:BTCUSD that is currently +130% YTD return in 2024. What is most important also, Palantir stock outperforms both - S&P500 index, Nvidia Corp. and Bitcoin 7th straight month in a row. In human words that means, Palantir stock monthly returns (every single month from May to December 2024) were better against each of mentioned above assets. What is Behind this? On November 4, 2024 Palantir Technologies has announced financial results for the third quarter ended September 30, 2024. “We absolutely eviscerated this quarter, driven by unrelenting AI demand that won’t slow down. This is a U.S.-driven AI revolution that has taken full hold. The world will be divided between AI haves and have-nots. At Palantir, we plan to power the winners,” said Alexander C. Karp, Co-Founder and Chief Executive Officer of Palantir Technologies Inc. Q3 2024 Highlights • U.S. revenue grew 44% year-over-year and 14% quarter-over-quarter to $499 million • U.S. commercial revenue grew 54% year-over-year and 13% quarter-over-quarter to $179 million • U.S. government revenue grew 40% year-over-year and 15% quarter-over-quarter to $320 million • Revenue grew 30% year-over-year and 7% quarter-over-quarter to $726 million • Closed 104 deals over $1 million • Customer count grew 39% year-over-year and 6% quarter-over-quarter • GAAP net income of $144 million, representing a 20% margin • GAAP income from operations of $113 million, representing a 16% margin • Adjusted income from operations of $276 million, representing a 38% margin • Rule of 40 score of 68% • GAAP earnings per share (“EPS”) grew 100% year-over-year to $0.06 • Adjusted EPS grew 43% year-over-year to $0.10 • Cash, cash equivalents, and short-term U.S. Treasury securities of $4.6 billion • Cash from operations of $420 million, representing a 58% margin and $995 million on a trailing twelve month basis • Adjusted free cash flow of $435 million, representing a 60% margin and over $1 billion on a trailing twelve month basis. Is the stock growth fundamentally deserved? Definitely, "Yes". Palantir stock Alpha What is Alpha? Alpha (a) is a term used in investing to describe an investment's ability to beat (outperform) the market, or its “edge.” Alpha is thus also often referred to as excess return or the abnormal rate of return in relation to a benchmark, or any other asset (even against simple sitting in a cash) when adjusted for risk. The main graph represents a comparison across Bitcoin and Palantir stocks. Since Palantir outperforms BTC twice over the past 12 months (watch lower "percent bar chart" subgraph), so why isn't to continue the play, by staying in a long with Palantir, and kill "the new oranges" respectively. https://www.tradingview.com/x/Vbgyevad/
BTC is following the fall breakout to spring peak fractal. Similar to the previous cycle (and 2023), I think we see a local top in the spring, a summer lull, then a blowoff top late summer to early fall. I think 200k plus is definitely on the table.
FX:EURUSD First i want to say I'm a beginner do not take this as complete advice and feel free to correct me. So I think its Bullish It's bullish because it hit a demand zone that. Is shown in the daily, 4hr, and 1hr time frames. Trading views technicals all say its bullish on the 1 hour timeframe . Its begun to reverse and is starting to gain bullish momentum. I hope it publishes my chart (lol)
BRK.B has been falling for the last two weeks. On the weekly interval, there is a bearish fair value gap. We saw an up-close bar on Friday. I believe price will continue to go lower and it will do that from the weekly FVG. The ultimate target is the intermediate term low at 437.90.
https://www.tradingview.com/x/NrLCqumV/ ✅CAD_JPY will soon retest a key support level of 108.225 So I think that the pair will make a rebound And go up to retest the supply level above at 109.500 LONG? ✅Like and subscribe to never miss a new idea!✅
(BTC/USD) price action within an upward-sloping channel, marked by support and resistance trendlines. Below is an explanation of the potential move to the $90,000–$92,000 region, incorporating technical and fundamental reasoning: Technical Analysis Trendline Rejection: Red arrows indicate multiple rejections at the channel's upper resistance line, suggesting strong selling pressure at higher levels. A breakdown from the midline of the channel hints at weakening bullish momentum. Support Zone Target: The projected drop aligns with the lower boundary of the channel near $92,000–$90,000, a likely support area. The price appears to be retesting a minor resistance before continuing the downtrend (gray line indicates the likely path). Bearish Divergence: Although not visible in this image, momentum indicators like RSI or MACD could confirm bearish divergence at recent highs. Key Levels: Breakdown of $96,000 would signal increased bearish momentum, accelerating the drop to $90,000. Fundamental Analysis Macro Environment: Concerns about interest rate hikes and tightening monetary policies could dampen risk sentiment, affecting Bitcoin negatively. Any negative developments in regulatory news or crypto-related insolvencies could accelerate selling pressure. Liquidity Considerations: End-of-year liquidity often diminishes, amplifying volatility and price swings. Traders might also sell to lock in profits or rebalance portfolios. Market Sentiment: Recent negative news (e.g., potential exchange issues, or lackluster adoption metrics) could weigh on bullish sentiment. Conversely, fear in traditional markets may lead to risk-off behavior, impacting crypto assets. Conclusion The combination of technical rejection from key levels and possible negative macroeconomic factors supports a potential bearish move toward $90,000
? Welcome to TradeCityPro Channel! Let’s dive into the analysis of SUI, a coin that has recently caught significant attention for its impressive performance. Despite being a young coin listed in mid-2023, SUI has managed to climb to the 15th rank in the market. ? Overview Bitcoin As always, we begin by analyzing Bitcoin. On the 1-hour timeframe, after rejecting and setting a new ATH at $108,230, Bitcoin has entered a downtrend, which appears to have ended at $92,400. However, the market is at a critical decision point. If Bitcoin fails to hold above $96,277 and breaks $99,079, a bullish continuation can be expected, proving this decline was merely corrective. Otherwise, breaking below $96,277 could signal shorting opportunities. Yet, caution is advised—secure profits quickly and avoid greed. Bitcoin dominance, which has recently attracted much attention, saw a pullback to the 60% resistance level. This move, accompanied by market corrections, led to larger declines for altcoins, indicating the need for Bitcoin dominance to form lower highs—a shift that may be underway. https://www.tradingview.com/x/208X36ny/ ?️♂️ Previous Analysis we had identified a PRZ area, and after breaking the 3.4295 support, it reacted to this zone. Following the rebound, it reached the resistance level we had previously identified at 4.7422. Currently, it is fluctuating just below this resistance. https://www.tradingview.com/chart/SUIUSDT/dUFCDxmN-TradeCityPro-analyzing-SUI-as-Bitcoin-Dominance-Declines/ ? Weekly Timeframe On the weekly timeframe, SUI has shown remarkable bullish momentum. After breaking the $1 resistance, it rallied toward $5 and currently trades at $4.5468. The coin experienced strong volume inflows, maintaining RSI in the overbought zone for weeks. Yet, a breakout above 84.09 could justify additional entries. If this week’s candle closes green, it will highlight strong buyer activity, reinforcing SUI’s exceptional performance amid market corrections. For those who entered at $1 or $1.76, transferring assets to DeFi platforms could be a wise move for leveraging SUI’s growth. Using Fibonacci retracement, we identified potential future targets at $5.73, $14.56, and $23.83, depending on market cap movements. https://www.tradingview.com/x/ETpDm7WF/ ? Daily Timeframe On the daily timeframe, after breaking the $1.0273 range, SUI initiated its primary uptrend, forming new resistances and continuing upward. Yesterday’s daily candle confirmed strong buying interest, showcasing the coin’s superior recovery compared to others in the market. Even now, an entry with a stop-loss at $3.1340 could be considered for high-risk buyers. Volume data also clearly indicates significant inflows. Key support levels align with Fibonacci retracements, with $2.3716 being the most crucial level—serving as both a 0.382 Fibonacci level and a previously broken resistance turned support. ⏱ 4-Hour Timeframe On the 4-hour timeframe, after the Fed meeting and Powell's speech caused market declines, SUI quickly rebounded from the $3.5013 support level, showing a sharp recovery back toward its highs. ? Long Position Trigger: breaking $4.7955 offers an ideal entry point, with orders placed above resistance due to potential whale activity. Ensure a wide stop-loss to avoid being stopped out by volatility. ? Short Position Trigger: while I wouldn’t short SUI personally, breaking $4.345 could justify a position with a tight stop-loss. Regardless, secure profits quickly to mitigate the risk of rapid reversals. ? Chart: 4H SUI Chart ? BTC Pair Insight Against BTC, SUI is one of the most bullish pairs in the market. While most coins show red candles against Bitcoin, SUI strives to close green. If it breaks the 0.00004306 resistance and RSI confirms above 74.98, a strong upward trend could follow, benefiting both BTC and USDT pairs. https://www.tradingview.com/x/J5q9ZIdk/ ? Conclusion SUI stands out as a strong contender this week, displaying exceptional resilience and bullish momentum. With clear triggers for both long and short positions, the coin offers opportunities for strategic trading. Ensure careful risk management and stay prepared for rapid market shifts. ? Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
SABIC W1 (Trend & Volume Analysis) The rise is with little liquidity and the fall is with great liquidity. The price rose strongly and with high liquidity from the liquidity area around which the price revolves. Regards,
Bch usdt Daily analysis Time frame 4hours Risk rewards ratio >1.9???? Elliot analysis ? Based on the evidence, I believe that Bitcoin cash could be one of the flagships altcoin in the alt season. Bitcoin cash has completed its corrective trend in 3 Elliott waves and is now ready to start its uptrend and create its Elliott impulse wave. I placed my LS below the support area so as not to be surprised by the stop hunters.?