sorry messed up on the last post, here if the chart to back up the t/a
Good Evening and I hope you are well. comment: Bull channel is what you should trade for now. I do think the top is near though. My plan for tomorrow is to see if market stalls more around 21170/21200 and if bears come around to short this down to 21000 again. There I expect bulls to appear again and try another higher high. The bull channel is valid until broken and if bears could break it, first target would be 20850. current market cycle: trading range key levels: 20900 - 21200 bull case: Bulls want to continue inside the bull channel. That’s it. Look for pull-backs to long if bulls print a good signal bar. 21200 is my max target though, so I don’t expect market to go much beyond. Invalidation is below 20100. bear case: Bears need to break the bear channel. That’s also everything there is to this right now. Bulls are in full control until then and you should look to long this much more than shorting. It’s overbought, climactic, bubbly, yesyesyes and all of that. Does not matter one single bit until we clearly see much bigger selling pressure. Invalidation is above 21250. short term: Neutral in the middle of the channel but otherwise bullish until bulls clearly lost interest buying above 21000. medium-long term from 2024-01-20: Market hit 21k and now it’s about being patient until we sell-off again. current swing trade: None. Bears need to do much more before I want bigger shorts again. trade of the day: Buying 21000 has been profitable 3 times today. Trade the channel.
Bitcoin / BTCUSD appears to be repeating almost the exact same pattern of Trump's 2016 election win. The chart on the right shows that a Bull Flag set the stage for the Nov 8th 2016 elections, after which the price rallied near the 2.0 Fib extension and consolidated until Trump's Jan 20th 2017 inauguration. What followed after that was an immediate rally a little over the 3.0 Fibonacci. With the 2024-2025 pattern being almost identical so far, we can expect a similar rally to the 3.0 Fib, which is a little over $150k. Previous chart: https://www.tradingview.com/chart/BTCUSD/WGDoad81-BTCUSD-Falling-Wedge-made-a-bottom-Short-term-buy-signal/ Follow us, like the idea and leave a comment below!!
The Cuban government may have orchestrated a series of pump-and-dump schemes involving memecoins minted on the Solana blockchain
An arena. A hype tunnel, the kind through which NBA players typically streak. A competitor dressed in a jersey patterned with a six-pack abs. In a new piece, the New York Times takes readers to an event that organizers call the Microsoft Excel World Championship, a 40-minute, Las Vegas-based competition featuring 12 contestants — all […] © 2024 TechCrunch. All rights reserved. For personal use only.
Marktübersicht heute und morgen Marktübersicht heute: Allgemeiner Trend: Der Markt scheint sich zu konsolidieren, nachdem wichtige strukturelle Niveaus (BOS und CHoCH) durchbrochen wurden. Der Preis schwebt in der Nähe von Widerstandszonen (Premium und EQH) und zeigt Potenzial für eine Bewegung in Richtung niedrigerer Unterstützungszonen (Discount und Equilibrium). Wichtige Unterstützungs- und Widerstandsniveaus: Unterstützungszonen (Fibonacci-Niveaus): Der Bereich von 2.690 bis 2.684 USD dient als kritischer Unterstützungsbereich. Widerstandszonen: Der Bereich um 2.718 bis 2.725 USD fungiert als starke Widerstandszone, die wahrscheinlich eine weitere Aufwärtsbewegung behindert. Szenarien für morgen (21. Januar 2025): Wenn der Preis über das Niveau von 2.718 USD steigt und sich hält, könnte er den nächsten Widerstand bei 2.725 USD oder höher anpeilen. Wenn der Preis unter 2.698 $ fällt, könnte er die Unterstützungszone zwischen 2.690 $ und 2.684 $ erneut testen. Fibonacci-Einblicke: Wichtige Retracement-Levels: Basierend auf dem Diagramm scheinen kritische Fibonacci-Retracement-Levels nahe 2.705 $ (0,382) und 2.690 $ (0,618) ausgerichtet zu sein, was diese Levels für mögliche Umkehrungen wichtig macht. Empfehlungen für morgen: Für bullische Trader: Warten Sie, bis sich der Preis über 2.718 $ stabilisiert, und suchen Sie nach Kaufgelegenheiten (Long-Gelegenheiten) mit einem Ziel von 2.725 $ oder mehr. Für bärische Trader: Wenn der Preis unter 2.698 $ fällt, könnten Short-Positionen mit dem Ziel der Unterstützungszone von 2.684 $ profitabel sein.
Trump-Tag 1: Dollar- und Bitcoin-Einbruch, Absturz der Memecoins Der Dollarindex fiel nach der Antrittsrede von Präsident Trump um fast 1% auf 108,3, da der Präsident die Umsetzung der sofortigen Zölle am ersten Tag nicht bestätigte, wie zuvor zugesagt. Bitcoin stieg über 5% und erreichte vor der Amtseinführung von Präsident Trump ein Rekordhoch von 109,000 USD. In einem neu veröffentlichten Dokument der Trump-Regierung an republikanische Gesetzgeber, in dem die unmittelbaren Prioritäten dargelegt wurden, wurde Bitcoin oder Kryptowährung jedoch nicht erwähnt, was zu einigen Verkäufen führte. Inzwischen werden die Memoiren des Präsidenten heute dezimiert. Der offizielle Trump ist um weitere 44% gefallen, das offizielle Melania-Meme um 24% und der offizielle Barron um 92%.
Jyoti CNC Automation Ltd. engages in the provision of manufacturing solutions for computerized machine cutting tools. It operates under the Within India and Outside India geographical segments. Jyoti CNC Automation Ltd. CMP is 1273.05. The Positive aspects of the company are Company with Low Debt, Company able to generate Net Cash - Improving Net Cash Flow for last 2 years and Companies with rising net profit margins. The Negative aspects of the company are extremely high Valuation (P.E. = 105.5), High promoter stock pledges, Increasing Trend in Non-Core Income and Companies with growing costs YoY for long term projects. Entry can be taken after closing above 1293Targets in the stock will be 1337, 1368 and 1406. The long-term target in the stock will be 1434, 1463 and 1513. Stop loss in the stock should be maintained at Closing below 1157 or 1079 depending on your risk taking ability. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. I or my clients might have positions in the stocks that we mention in our posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
Hello, this is my first published idea as a beginner trader, please feel free of leaving your opinions and/or ideas here, I would heavily appreciate any feedback. As seen on my chart, I expect a bearish reversal when price hits somewhere around 1.04361, the reason for this would be that during this month of January this has been the highest point twice, refusing to go higher. I've set my first TP on 1.03702 as I would like to secure partial profit, in case that my analysis is correct, and with the second TP where the bullish momentum of today january 20th started (1.03185). Please let me know your thoughts/feedback on this, as I would like to hear what more experienced people see in the market. Thank you!
The move towards 99.99 is confirmed further here by this double bottom pattern. We saw today how the price exploded and broke past the neckline. From here, we can cautiously look for signs for a continuation up, lets zoom in.