Ethereum is another name for Altcoins, now is the time to deal with the negative mood!
After the brutal 3rd Feb drop (not validated anymore, oops...) I'm still holding (tbh, I'm so fuckin' tired of sei, strk, and apt) can still hope the big bull (ETH) is holding them back, especially L2s like strk and zk. I've explained in detail what I'm expecting in this year. Please refer to the previous posts for in-depth analysis and thoughts. Too tired to write anything now :) TLDR for the lazy ones: Late Feb-April, I'm expecting a massive rally. 100% loaded here personally! " GREEN BOX IS NOT A TARGET - I'll explain my exit strategy and targets on holdings, some other day. Or you can comment below. Peace out!"
Daily Technicals: AB=CD or ABC pattern with an Inverted Head and Shoulder Pattern at the end n@ weekly support (yellow area): Daily Chart: https://www.tradingview.com/x/6Vy3z2yc/ Weekly Chart: https://www.tradingview.com/x/dfeTiiTN/
After the brutal 3rd Feb drop (explanation in USDT.D chart - link at the end of post), the downward wedge failed but EW count is still valid) After the brutal 3rd Feb drop (explanation in USDT.D chart - link at the end of post), the downward wedge failed but EW count is still valid I've explained in detail what I'm expecting in this year. Please refer to the previous posts for in-depth analysis and thoughts. Too tired to write anything now :) TLDR for the lazy ones: Late Feb-April, I'm expecting a massive rally. 100% loaded here personally! https://www.tradingview.com/chart/USDT.D/2zLBWUHt-MACRO-Crypto-Cycle-Alt-Season/
Gold (XAU/USD) - Intraday Long Setup ? Instrument: CFDs on Gold (US$/OZ) ? Timeframe: 1H Trade Setup: ? Entry: 2,903.860 ? Take Profit Targets: Target 1: 2,921 Target 2: 2,951 ? Stop Loss: 2,883 Technical Outlook: Price is testing a key support level at 2,903, showing signs of bullish momentum. A breakout above 2,904 could trigger an upward move towards 2,921, followed by an extended rally to 2,951. Risk is well-defined with a stop-loss at 2,883, maintaining a favorable risk-to-reward ratio. This setup aligns with current market dynamics, offering a potential long opportunity for traders monitoring gold price action. Trade wisely! #Gold #XAUUSD #TradingSetup #PriceAction
- DAX index broke resistance level 22000.00 - Likely to rise to resistance level 22500.00 DAX index is under the bullish pressure afar the earlier breakout of the daily up channel from August and the resistance level 22000.00 The breakout of the resistance level 22000.00 greatly accelerated the active impulse wave 3, which belongs to the intermediate impulse wave (3) from November. Given the clear daily uptrend and the accelerating upward channel inside which the price is moving now, DAX index can be expected to rise to the next resistance level 22500.00 (target price for the completion of the active impulse wave 3).
Buyers bought the break or lower prices in the S&P 500 daily chart for Wednesday. The challenge now is will the PPI economic numbers support buyers moving this market above the 6110 level.
- CHFJPY reversed from the support area - Likely to rise to the resistance level 170.00 CHFJPY currency pair recently reversed up from the support area located between the multi-month support level 166.70 (which has been reversing the price from last March) and the lower daily Bollinger Band. The upward reversal from this support area created the daily Japanese candlesticks reversal pattern Piercing Line. Given the strength of the support level 166.70 and the oversold daily Stochastic, CHFJPY currency pair can be expected to rise to the next resistance level 170.00 (former support from last month).
- Nikkei 225 index reversed support level 38000.00 - Likely to rise to resistance level 40285.00 Nikkei 225 index recently reversed up from the support level 38000.00, which is the lower border of the narrow sideways price range inside which the index has been moving from last October. This support area was strengthened by the lower daily Bollinger Band The upward reversal from this support area created the daily Japanese candlesticks reversal pattern Piercing Line. Given the clear daily uptrend, Nikkei 225 index can be expected to rise to the next resistance level 40285.00 (the upper border of this price range).
https://www.youtube.com/watch?v=0n_Ty_72Qds XD Description needs to be longer so here's some jokes: What do you call a stock that never goes down? → Imaginary! What’s an investor’s favorite type of exercise? → Market dips!