good day traders, my analysis shows we have a high chance of breakout on the higher high cause of the current trend being bullish trend. If price breaks above the Higher high there's a high chance it will retest it and head up high towards the Supply level. use H1 for confirmation, TP of choice, Good luck
My general opinion is to buy in the green box and then the blue lines, but in the short term, the turquoise and purple lines can be checked for a short-term stop.
Daily CLS within Weekly CLS, Model 1 Entry you are welcome to comment with your thoughts and share your charts or questions below, I like any constructive discussion. What is CLS? This company is trading for the biggest investment banks and central banks. They trade over 6.5 trillion daily volume. They are smart money of the all markets. https://www.tradingview.com/x/aVeVgSeN/ CLS operates in the specific times which will give you huge advantage and precisions to you entries. Focus on that. Its accuracy is amazing. https://www.tradingview.com/x/C4QY64nH/ Good luck and I hope this educational post helps to become better trader “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave FX Hunter ⚔
As we anticipated, our analysis on BTCUSD has played out as expected. Now, we're shifting our focus to the next move. What's your take on the current market dynamics? Should we expect a continuation of the trend or a potential reversal? Let's discuss our strategy and make informed decisions to maximize our gains.
BUY 1.03900 | STOP 1.03400 | TAKE 1.04500 | Long positions can be opened after a confident breakdown of the level of 1.04500.
Dear Friends, Gold has seen a modest rise amidst a broader bearish trend, currently trading around $2,617, up 1.27% on the day. This slight uptick can be attributed to sellers pausing their pressure, coupled with the fundamental appeal of gold increasing. As the opportunity cost of holding the non-yielding precious metal decreases due to lower interest rates, gold becomes more attractive. However, the Federal Reserve's cautious outlook on rate cuts—suggesting smaller reductions than expected next year—could weigh on gold's upward momentum. Additionally, US Treasury yields edged higher on December 18, with the 10-year yield reaching its highest level since May. Treasuries, often considered a direct competitor to gold due to their interest-bearing nature, could diminish gold's appeal if yields continue to rise. Ben personally advises waiting for a decisive candle close below the 2636 liquidity zone before taking further advantage of the market trend.
Looking at the previous bull run with CRYPTOCAP:DOGE , we should correct to 50% from here. Then the correction is also completely complete for the bull run. I think 50% is also the maximum for the correction. But in these crazy times, I wouldn't be surprised if we made some deeper corrections. For now I expect a slightly deeper correction, but once it is complete we can only go up from there. I secretly hoped for a CRYPTOCAP:DOGE Christmas, but I'm afraid we'll have to test our patience for a while. Be kind to the world and each other!
XRP is poised to retest the crucial $2.45 zone, a pivotal level that could define its next major move. 1. Bullish Breakout: If XRP decisively breaks above $2.45, the next challenge will be at $2.59 (dashed green projection). A successful breakout here would confirm strong buying momentum, paving the way for a push toward $2.82. This level marks the last significant resistance before XRP’s new all-time high, making it a key target for bullish traders (solid green projection). 2. Bearish Scenario: Failure to break bullishly through $2.45 could signal a continuation of bearish sentiment. In this case, XRP is likely to drop toward $2.19 or slightly below, a critical support zone (dashed red projection). 3. Deeper Correction: A breakdown below $2.19 could intensify selling pressure, driving the price further down toward $1.88. This level may offer a potential entry point for long positions, as it represents a strong support area (red projection).
Greetings Everyone, Let’s face it: trading is hard. You’ve done your research—checked and triple-checked everything. The fundamentals of the company? Solid. The option chain? Looks great. The volume? Perfect. You’ve been patient, waiting for that perfect breakout, confirming the validity of the support level on the retest. Confidently, you hit “buy,” and for a moment, you breathe a sigh of relief. This trade will work out… right? But just a few days later, horror sets in. One single wick—just one—obliterates your positions. Thousands of dollars gone. Your carefully constructed trades set ablaze by volatility you didn’t see coming. Enter the Volatility Index (VIX) The VIX, often called the “Fear Index,” is a real-time pulse of the broader market, derived from the S&P 500 options market. Unlike your standard indicators, the VIX offers insights into market volatility and trader sentiment. It tends to move inversely to the market—when fear is high, the VIX spikes, and when confidence reigns, the VIX calms down, often reverting to its historical average (a concept known as mean reversion). What Makes the VIX So Powerful? 1. A Market Barometer The VIX is like a weather forecast for traders. Here’s what the levels mean: • VIX Below 20: Markets are stable, with low volatility expected. Ideal conditions for trend-following strategies. • VIX Above 30: High volatility is brewing. Risk-on positions could be in jeopardy, and hedging becomes critical. 2. Real-Time Sentiment The VIX is calculated minute-by-minute from SPX options, capturing real-time expectations of market volatility over the next 30 days. This means you don’t just rely on hindsight—you get a forward-looking view. How to Use the VIX in Your Trading Strategy 1. Portfolio Risk Management Use the VIX as an early warning system. Spikes in the VIX can signal when to reduce your exposure to equities or risky positions. For example: • High VIX (>30): Consider hedging with options, selling high-beta stocks, or adding defensive assets. • Low VIX (
Bitcoin reserves have dropped to a historic low of 2.4 million, signaling a “supply shock”. The whales purchased recent retracement causing a strong demand.