Yesterday the markets sold off following FOMC events that signaled fewer rate cuts for 2025. Markets seemed to have stabilized and Trade Analyzer heatmap is showing bullish setup on YM. This is just for today. If the trade does not trigger by end of day, it will be cancelled.
I just told a few of my family to get rid of some not all of their bitcoin to pick it up at a lower amount, there's Money to be made on both sides of the chart.
Hi Traders, This is my set up in BTC after the FED Cut Rates.
**Risk Disclaimer:** This setup is for educational purposes. I'm not responsible for your gains or losses. Check the chart for more details.
USD/CHF pulls back from a fresh monthly high (0.9022) to keep the Relative Strength Index (RSI) below oversold territory, but a move above 70 in the oscillator is likely to be accompanied by a further advance in the exchange rate like the price action from earlier this year. USD/CHF Rate Outlook The recent rally in USD/CHF appears to be stalling ahead of the July high (0.9051) as it struggles to push above the 0.9030 (38.2% Fibonacci extension) to 0.9040 (23.6% Fibonacci extension) area, and lack of momentum to extend the recent series of higher highs and lows may push the exchange rate back towards the 0.8880 (38.2% Fibonacci retracement) to 0.8910 (38.2% Fibonacci extension) zone. Next region of interest comes in around 0.8770 (61.8% Fibonacci extension) to 0.8800 (50% Fibonacci extension), but USD/CHF may continue to trade to fresh monthly highs should the bullish price series persist. A break/close above the 0.9030 (38.2% Fibonacci extension) to 0.9040 (23.6% Fibonacci extension) area raises the scope for a test of the July high (0.9051), with the next area of interest coming in around 0.9180 (23.6% Fibonacci extension). --- Written by David Song, Senior Strategist at FOREX.com
In this chart, Bitcoin's price action on the 4-hour timeframe reveals a repeating cycle occurring approximately every 12 days. Key observations include: First Cycle (Nov 22 - Dec 5): A period of consolidation followed by a breakout, spanning 12 days and 8 hours with significant trading volume (~455.79K). Second Cycle (Dec 5 - Dec 17): Another 12-day period with a similar breakout structure, supported by consistent volume (~446.68K). Current Movement (Dec 17 - Dec 29): Bitcoin appears to be aligning with the same cyclical behavior, suggesting a potential breakout within this timeframe. These patterns suggest that BTC may be following a structured rhythm, providing traders with actionable insights for timing entries and exits. The orange and blue trend lines highlight the broader ascending channel, while the white trend lines mark shorter-term consolidations within these cycles. Does Bitcoin truly follow a predictable cycle, or is this coincidence? Share your thoughts and strategies below! ?
Doge coin is getting ready for 1$ ... get your acts ready ...
Sundaram Finance stock analysis, here’s a brief overview based on the latest data: Current Price: As of the latest update, Sundaram Finance’s stock is trading around ₹4,430.901. Recent Performance: The stock has shown bullish momentum recently, with a high of ₹4,4681. RSI Indicator: The RSI (Relative Strength Index) is currently at 64, indicating a moderately strong momentum. Stock has shown bulish moment next target 5860 next match 25
? Welcome to TradeCityPro Channel! Let’s take a look together at a so-called bloody day in the market, as some friends call it, with a quick glance at the chart to analyze the events and help you make more thoughtful decisions without acting on your emotions. ? Bitcoin Overview Before starting the analysis, as usual, let’s take a look at Bitcoin. On the 1-hour timeframe, Bitcoin is experiencing red candles with high volume, indicating that it is currently correcting on its higher timeframe. However, this event is accompanied by an increase in Bitcoin dominance, leading to more significant altcoin sell-offs. Naturally, altcoins are seeing larger red candles and experiencing steeper declines. But does this mean that the trend is changing? From my perspective, no, and as long as Bitcoin remains above $80,000, we are still bullish and have no reason to exit. These red candles are merely corrections, which are entirely natural, as the market hasn’t seen any significant profit-taking since Bitcoin broke above $73,000. Make logical decisions, and during a bull market, don’t sell your assets prematurely unless they hit your predefined levels. https://www.tradingview.com/x/S54QbO6d/ ? Daily Timeframe On the daily timeframe, MAGIC broke out of its 112-day range and resistance at $0.4302, moving toward the $0.7130 resistance, almost matching the size of its previous range. Typically, the risk-to-reward ratio of patterns leads to the formation of significant support or resistance levels, shaping collective decisions. After facing rejection and forming a lower high, MAGIC broke below $0.5573 and returned to the weekly box and support at $0.4302, which can act as a strong support for slowing down the bearish momentum and reversing it. Currently, bearish momentum remains strong, and I refrain from buying during declines. However, if the support fails or the RSI re-enters its range, this could serve as a trigger for entry. For now, I prefer to watch, and if there is a significant reversal candle, it will be a pleasant surprise due to the strong momentum, with my stop-loss level already defined. These conditions occur in bull markets and are completely natural. So, avoid FOMO and don’t let your emotions guide your decisions. Practice risk and capital management, follow the analyses, and define your levels. For example, as long as Bitcoin remains above $80,000, I won’t sell and will even look for entry triggers. Futures positions currently make little sense, but if you have any, be sure to take profits and avoid greed! ? 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! ❤️
In the midst of chaos, I've decided to increase my position in Polkadot, as I've been holding since $5.82. The structure continues to show bullish signals, and we’re still in a bull market. Moreover, the Christmas and New Year rally hasn’t even started yet. For traders feeling anxious right now, it's better to step away from the screen and avoid making impulsive decisions. For those focused on knowledge and strategy, there’s no better moment to consider opening a long position—fully aware of the possibility that your stop-loss might be hit. Trade Management: Entry: $7 or market price Stop-loss: $6.31 (keeping the previous position intact) Remember to control your emotions and avoid overtrading. Maintaining liquidity is crucial—don’t put all your capital at risk. Protect your psychology and trust your skills. Don’t let the market shake your confidence in what you know works. I’m sticking to my plan, as mentioned in my previous idea. Nothing changes if you follow your plan. https://www.tradingview.com/chart/DOTUSDT/6ApgmZEo-POLKADOT-Strategic-Patience-for-the-Next-Move/ May God bless you all. Jay