"? Welcome to Golden Candle! ? We're a team of ? passionate traders ? who love sharing our ? technical analysis insights ? with the TradingView community. ? Our goal is to provide ? valuable perspectives ? on market trends and patterns, but ? please note that our analyses are not intended as buy or sell recommendations. ? Instead, they reflect our own ? personal attitudes and thoughts. ? Follow along and ? learn ? from our analyses! ??"
Think about this for a second...To make things like engines, there are tons of people cramming ideas onto boards and CAD systems then employing CNC's to construct the first engine of your PROTOTYPE. Even though every Formula one to Toyota Camry has an engine...the mounts, the fuel system, the weight ratios, etc are so drastically different- you could say, the car is built around it. Now...relating ^ that to chips. You have to do tons of research to fit chips onto things. We arent talking a simple- pop the AMD out of Mr. Gamer's Tower and switch with the NVidia one....Thats as simplistic as it gets. You have data centers that need to have parameters as to heat dissipation, electrical usage, maximum safe tolerance for chip load, etc. Yet you release something new that is like, hey guys- just pop out the old and slip this bad boy in. I find that hard to believe. How could you have newer power hungry projects that the utilities would have to be informed of to calculate load and transfer line/sub station tolerances, given these things arent located in the boonies. The engineers would have to come up with ways, in how short of a time, to dissipate the higher heat...while calculating what the operating temps of the whole system they are installed in can handle before things go a little burn-outy. Again....I may just be completely oblivious to it...but like the neighbor who says, "You sure thats a good idea not roping that ladder to the tree" to the 20 year tree pro- its both an inquiry for thought, but also a possible reminder if everyone gets to far up their own whatever to come back to reality.
Ethereum ( CRYPTOCAP:ETH ) is at a crossroads! ? Will it hit $3k first or rocket straight to $8k? ? A: $3k First ? Market pullback before the next leg up. ? Possible correction to test strong demand zones. ? A healthy dip might set the stage for a bigger rally later. B: $8k First ? Bullish momentum is unstoppable! ? Triangle breakout leading to massive upside. ? Big players might push ETH to new heights before any correction. ? What’s Your Call? Are you Team $3k or Team $8k? Let’s hear your thoughts—drop your predictions below! https://www.tradingview.com/x/JurXOCZn/
? Key Resistance: $4-$6 ? Buy Zone: $2.5-$3.5 ? Target 1 - $4.55 ? Target 2 - $5.7 ? Target 3 - $6.25 ? Target 4 - $7.9 ? Target 5- $10.8 ? Final target - $15.3
The EUR/USD/USD pair on the M30 timeframe presents a potential selling opportunity due to from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 1.0437 2nd Support – 1.0410 Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
https://www.tradingview.com/chart/un0RymA8/ The ES futures market has maintained a bullish trajectory in 2024, with few pullbacks along the way. Currently, the futures are consolidating near All-Time Highs, setting the stage for a pivotal week ahead. Key Catalysts to Watch Wednesday, December 18th, 2024 FED Interest Rate Decision Summary of Economic Projections (SEP) FOMC Meeting These events could provide the momentum needed to fuel a potential Santa Claus Rally. However, whether this materializes remains uncertain. Additional Economic Data The economic calendar this week is packed with key data releases, beginning with the preliminary Manufacturing and Services PMI readings at 8:45 AM CT today. On Tuesday, the spotlight will be on November US Retail Sales, while Thursday, December 19th, 2024, brings a flurry of critical updates, including the Bank of England (BOE) and Bank of Japan (BOJ) rate decisions, Q3 US GDP, initial jobless claims, and November existing home sales. The week concludes on Friday, with the release of the FED’s preferred Core PCE Price Index for November at 7:30 AM CT, offering fresh insights into inflation trends. Key Levels to Watch: Target for Bulls: 6295-6310 Line in Sand (LIS): 6045-6055 R1: 6105-6115 R2: 6145-6155 R3: 6195-6205 S1: 5970-5960 S2: 5855-5835 Key Support S3: 5735-5745 Possible Scenarios Scenario 1: Sustained Bullish Movement and Santa Rally In this bullish case, ES futures break out of the consolidation zone following the FED announcements. This could lead to a year-end rally with prices targeting the Fibonacci extension level at 6312.50, setting the stage for continued gains into Q1 2025. Scenario 2: Santa Rally Followed by Pullback Here, the FED-driven Santa rally kicks off but encounters resistance. After the initial bullish push, the market consolidates into year-end as traders await fresh inflows and sector rotations in January for the next directional move. Both scenarios hinge on key data releases and market reaction to the FED’s guidance. Keep an eye on the Line in the Sand (LIS) at 6045–6055, as it represents a critical level for the ongoing trend. This week’s calendar is packed with high-impact events that could drive volatility and shape the near-term outlook for ES futures. Stay prepared! Disclaimer: The views expressed are personal opinions and should not be interpreted as financial advice. Derivatives involve a substantial risk of loss and are not suitable for all investors.
Chart Pattern: A symmetrical triangle is forming on the XAU/USD (Gold Spot) 1D chart. Breakout Zone: The price is approaching the resistance line of the triangle pattern (around 2,670). A confirmed breakout above this line could drive the price to the next target at 2,750. Confirmation Signal: Look for a daily close above 2,670 with strong volume to confirm the breakout. Indicators: RSI: The RSI (7) is at 49.32, indicating neutral momentum. A rise above 52.70 could signal increasing buying strength. Moving Averages: The MA50 (orange line) supports the price as dynamic support. Target: 2,750 is the projected price level based on the breakout height of the triangle. Risk Management: Place a stop-loss below the lower triangle support (around 2,590) to manage downside risk. Trade Idea: Enter a long position if the price breaks and closes above 2,670. Take-Profit at 2,750. Stop-Loss at 2,590. OANDA:XAUUSD OANDA:XAUUSD OANDA:XAUUSD
hello guys We have come with the introduction of this coin, which we think can grow a lot. After bottoming in weekly and daily time, this coin gives us this signal that it wants to grow big. Now, according to the price, we suggest you to buy a step. Now is the time to buy one step, and in case of modification, we have determined for you that it is suitable for buying two more steps. The targets have also been specified that we drew for you. If you like this analysis, please support us with like and comment
I'm not necessarily saying it's going to happen. But the pattern seems to repeat itself. Are we going to expect a spike and will we first get a big shakeout before we set off for the new ATH. Let's see. Be kind to the world and each other!
#VANA made a super bullish spike if you bought only 1 $ this could be 21,500 $ !!! there are some coin like this too see other posts to see more signals like this ! my last analysis on this coin ??? https://www.tradingview.com/chart/VANAUSDT/5HYl1Vrh-100-000-profit/