Key GEX Levels: 1. Resistance Zones: * 195 (3rd CALL Wall, 48.11%): A significant resistance level with strong call activity. * 200 (10.35% CALL Wall): Another resistance area, but less significant than the 195 level. 2. Support Zones: * 190 (2nd CALL Wall, 85.43%): Strong support zone, indicating a likely bounce if prices retrace. * 187.5: Additional support backed by high positive NETGEX. Price Action Insights: * GOOGL is trading near its 195 resistance zone. This level will be critical to watch for breakout potential. * Momentum has been bullish, with the price consolidating after an upward move. A clean breakout above 195 could push the price towards 200. * Trend Bias: Bullish above 195; neutral-to-bearish below 190. Options Oscillator Insights: 1. IVR (Implied Volatility Rank): 32.3 * The IVR suggests moderate implied volatility. This provides an opportunity for options strategies, as premiums are neither too expensive nor too cheap. 2. IVx Average: 35.1 * Indicates the historical average of implied volatility, slightly above the IVR, confirming stable volatility levels. 3. Call%/Put% Distribution: 47.5% Call-dominant * Market sentiment leans bullish, with higher call volume dominating the options flow. Options Trading Recommendations: 1. Bullish Setup: * Call Option: Strike price 195. * Expiration Date: December 22, 2024. * Target Level: 200. Rationale: A breakout above 195 could trigger strong bullish momentum. 2. Bearish Setup: * Put Option: Strike price 190. * Expiration Date: December 22, 2024. * Target Level: 187.5. Rationale: A rejection at 195 or a breakdown below 190 could push prices lower. 3. Neutral Setup: * Iron Condor: Utilize strikes 190 and 200 for the wings. * Expiration Date: December 22, 2024. Rationale: Capitalizes on range-bound movement between support and resistance zones. Trading Plan: * Above 195: Enter long positions targeting 200. Use options or equity positions. * Below 190: Consider short positions targeting 187.5. Hedge with puts for downside protection. * Between 190-195: Look for consolidation or sideways action before committing. Final Thoughts: GOOGL's proximity to critical GEX levels provides high-confluence trade setups. Traders should closely monitor the 195 resistance and 190 support to confirm directional bias. Utilize the Options Oscillator insights to refine entries and exits. Disclaimer: This analysis is for informational purposes only. Please conduct your own due diligence before making trading decisions.
Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- https://www.tradingview.com/x/yvRxACt5/ https://www.tradingview.com/x/3fM8JMj4/ It seems that funds have flowed into the coin market through USDT and USDC. (BTC.D 1D chart) https://www.tradingview.com/x/3i97qVaX/ The point to watch is whether it can meet resistance near the MS-Signal indicator and fall below 55.01. If BTC dominance rises, it means that funds are concentrated on BTC, so altcoins are likely to show a downward trend. However, you cannot predict the rise and fall of BTC prices based on the rise or fall of BTC dominance. (USDT.D 1D chart) https://www.tradingview.com/x/sJpUpywT/ The movement of USDT dominance can be used to roughly estimate the overall trend of the coin market. Therefore, if USDT dominance falls, the coin market is likely to show an upward trend, and if it rises, it is likely to show a downward trend. Therefore, the movement of prices can be identified by the movement of USDT dominance. Therefore, you can roughly estimate the movement of funds with BTC dominance and the trend with USDT dominance. ------------------------------------------------ (BTCUSDT 1D chart) https://www.tradingview.com/x/obYaf8Uj/ Although the StochRSI indicator has fallen below 50, the price of BTC is actually showing an upward trend. Accordingly, it is necessary to check whether the StochRSI indicator turns upward again and whether it turns into a state where StochRSI > StochRSI EMA. It is currently showing an upward trend near 101109.59, which is the BW(100) indicator point. Accordingly, whether there is support near 101109.59 is the key. If the StochRSI indicator fails to turn into a state where StochRSI > StochRSI EMA and shows a downward trend, it is expected to fall again to the 95904.28-98892.0 range. - https://www.tradingview.com/x/hiXDBMUN/ Therefore, what we should consider important in the current movement is whether we can reset the StochRSI indicator on the 1W chart while maintaining the price around the newly formed high point range of 97821.58-101109.58 until around December 27th. Based on the high point range of 97821.58-101109.58, this means that 101109.58 or higher is the high point. Therefore, it is better to interpret the high point range as a high point boundary range. Therefore, if it rises above the high point range and then falls below the high point range, it is highly likely that it will lead to an additional decline, and we should consider countermeasures for this. When the decline begins, the downtrend will stop as it finally creates a low point range (low point boundary range). That is, when it meets the HA-Low indicator and BW(0) indicator, it will create a low point section. If it creates a low point section and then creates a bottom section, an upward trend will begin. If we organize this movement, 1. It rises in the section composed of the HA-Low, BW(0) indicator and most of the movement appears within the section composed of the HA-High, BW(100) indicator. That is, the HA-Low, BW(0) section ~ HA-High, BW(100) section forms a sideways, box section. 2. If it falls in the section composed of the HA-Low, BW(0) indicator, it is highly likely to create a downward wave and show a stepwise downward trend. However, since this step-down trend will eventually play a role in creating a bottom section, if the HA-Low, BW(0) indicators show a rise higher than the previous HA-Low, BW(0) indicators, it can be interpreted that there is a high possibility that a bottom section will be formed at that time. 3. If it rises in the section composed of the HA-High, BW(100) indicators, it is highly likely that it will create an upward wave and show a step-up trend. Therefore, it is recommended to set a stop loss point when trading because there is a high possibility that it will turn into a downtrend when it falls above the section composed of the HA-High, BW(100) indicators. However, it is necessary to check the correlation with the M-Signal indicator on the 1M, 1W, and 1D charts. - Have a good time. Thank you. -------------------------------------------------- - Big picture I used TradingView's INDEX chart to check the entire section of BTC. (BTCUSD 12M chart) https://www.tradingview.com/x/WBuhqVrT/ Looking at the big picture, it seems to have been following a pattern since 2015. In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market. Accordingly, the bull market is expected to continue until 2025. - (LOG chart) https://www.tradingview.com/x/YtZx6YSG/ Looking at the LOG chart, we can see that the increase is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, we do not expect to see prices below 44K-48K in the future. - https://www.tradingview.com/x/zTnWN2r7/ The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. That is, the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, this Fibonacci ratio is expected to be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. It is up to you how to view and respond to it. Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role. The reason is that the user must directly select the important selection points required to create the Fibonacci. Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies. 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 -----------------
Deviation underside mid of the whole move and reclaim. Break of the diagonal resistance of intraweek downtrend. Now that Elon has $420 tsla stonk, I'd think he'd put the punp on DOGE... Channel top, new yearly highs (above .48) soon. Love to see the channel break to the upside thereafter.
NZDUSD - 24h expiry There is no indication that the selloff is coming to an end. Although we remain bearish overall, a correction is possible without impacting the trend lower. Risk/Reward would be poor to call a sell from current levels. A move through 0.5775 will confirm the bearish momentum. The measured move target is 0.5750. We look to Sell at 0.5820 (stop at 0.5844) Our profit targets will be 0.5760 and 0.5750 Resistance: 0.5800 / 0.5820 / 0.5850 Support: 0.5775 / 0.5760 / 0.5750 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
considering that Tether dominance is in a support zone and the daily RSI of btc is showing divergence, it is highly likely that btc will start dropping from around the $103.000 price level.
Roger Ver, nicknamed "Bitcoin Jesus" for his early promotion of cryptocurrency, is fighting extradition to the United States from Spain, disputing allegations of tax evasion, mail fraud, and filing false tax returns.
Russian State Duma deputy Anton Tkachev suggested creating a national bitcoin reserve to safeguard financial stability against sanctions, inflation, and currency volatility.
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