Hello, this is Greedy All-Day. Today’s analysis focuses on the NASDAQ. Key Levels and Monday’s Recap Chart: https://www.tradingview.com/x/rYI87J9A/ As mentioned in both Monday’s and Friday’s briefings, the importance of the 20207 level was highlighted. After breaking above this level, the NASDAQ rallied by approximately 245 points. The breakout above this major zone was followed by a pullback, confirming its significance. March Futures Contract Analysis Chart: https://www.tradingview.com/x/Q9rQseWG/ The March futures contract closed above the Ichimoku Cloud and formed a strong bullish candle. However, it finished near the 20 EMA, with the opening price currently sitting at the 20 EMA level. Key Levels to Watch: Support: Maintaining support above the 20 EMA is crucial. Resistance: The next critical level is 21455 (red horizontal line), which corresponds to the January 8, 2025, high following the long bearish candle on January 7. Breakout Potential: If the 21455 resistance is broken, there’s potential for a strong rally, similar to the January 7 bearish candle's range. Perpetual Futures Contract Analysis Chart: https://www.tradingview.com/x/dWDGKlsA/ For the perpetual futures contract, the 20 EMA is currently at 21355. Support: If the price remains above 21355, the next target is 21455, as highlighted earlier. Resistance: Breaking 21455 could lead to further upside momentum. Today’s Trading Strategy Chart: https://www.tradingview.com/x/XGvMgZ5d/ Buy Strategy: Entry 1: Breakout above the blue box high at 21455. Rationale: A major resistance breakout on the daily chart + breakout above the January 15, 2025, high. Entry 2: Breakout above the blue resistance trendline within the orange box, approximately at 21588. Rationale: This level represents the resistance zone following the long bearish candle, where dead-cat bounces previously faced resistance. Sell Strategy: Entry 1: Break below the blue ascending trendline. Rationale: If the short-term support trendline from January 14–15 weakens and breaks, it indicates diminishing bullish momentum, making it a good short opportunity. Entry 2: Break below the 21186 support zone. Rationale: The 21123–20800 range is a strong support frame. If 21186 is broken, a test of the lower support near 21123 is highly likely. Conclusion The NASDAQ is at a critical juncture, with key resistance and support levels coming into play: For Buyers: Look for breakouts above 21455 and 21588 for opportunities to ride the bullish momentum. For Sellers: Monitor breakdowns below the ascending trendline and 21186 for downside opportunities. The market remains dynamic, so stay disciplined and trade wisely. ?
AUDCHF is now has net long bias. The roll on the AUDCHF long is positive and worth a good review
Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (XRPUSDT 1D chart) https://www.tradingview.com/x/tVb7IGs4/ The 3.618 (3.2983) point of the Fibonacci ratio drawn in the big picture corresponds to the last point. https://www.tradingview.com/x/TBciGJIe/ To complement this, I added the Pobonacci ratio drawn in the small picture. Accordingly, the point to watch is whether the price can be maintained by rising above the left Fibonacci ratio 3.618 (3.2983) ~ right Fibonacci ratio 0.618 (3.3750) range. If it receives support near the right Fibonacci ratio 0.618 (3.3750) and rises, it is expected to rise to around 1 (4.2278). The current important support and resistance range is the 25102-2.6013 range. - Thank you for reading to the end. I hope you have a successful trade. -------------------------------------------------- - Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) https://www.tradingview.com/x/WBuhqVrT/ Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015. That is, it is a pattern that maintains a 3-year uptrend and faces a 1-year downtrend. Accordingly, the uptrend is expected to continue until 2025. - (LOG chart) https://www.tradingview.com/x/YtZx6YSG/ As you can see from the LOG chart, the uptrend 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 expect that we will not 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. In other words, it 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 to decide how to view and respond to this. When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance. This is because the user must directly select the important selection points required to create Fibonacci. Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies. 1st : 44234.54 2nd : 61383.23 3rd : 89126.41 101875.70-106275.10 (Overshooting) 4th : 134018.28 151166.97-157451.83 (Overshooting) 5th : 178910.15 -----------------
Strong breakout on the daily. Price has been in a bull pennant consolidation. Based on the measured move into the pennant, my near-term price target is $4. Could go substantially higher if crypto in general has a strong push this year.
QANTAS has again broken the uptrend and is now net short.
This is a strong chart setup. High probability with a fast, mid-term target. This is not the entire bull-market bullish wave but an intermediate target. This chart setup is strong because a correction just ended. The main move is a bullish advance. The correction is countertrend, once the correction is over we get a bullish resumption (continuation). This is where we are at now. We are looking at AVAXUSDT (Avalanche) with leverage. The intention of this post is to share the full trade-numbers with you. You can thank me with your boosts, likes, comments, follow and support. It is truly appreciated. Anywhere between 5-10X is decent. Higher leverage means higher risk. Low leverage on this setup is very low risk because this is a high probability setup. The high probability comes base on the fact that the market is already moving, already advancing. We know what comes next. We know what is happening, we have great timing; you deserve the best. Be joyful, be merry, enjoy life and enjoy the profits. You truly deserve all the great things that life has to offer. You are a diving living being. Full trade-numbers below: ___ LONG AVAXUSDT Leverage: 7X Entry levels: 1) $41 2) $38 3) $36 Targets: 2) $47 3) $51 4) $56 5) $61 6) $64 7) $70 8) $77 9) $84 10) $92 Stop-loss: Close weekly below $35 Potential profits: 931% Capital allocation: 5% ___ Very simple. Buy and hold, let the market take care of the rest. Once in the green, make sure to take profits. Always secure a leveraged trade when in the green. Do not get greedy. It is better to secure an easy 100% than to lose chasing a risky 1,000%. Create the habit of winning. If you can win many times, over and over, again and again, this can create a positive habit. This habit will open the doors for higher profits and long-term growth. Opportunities and endless. I am always sharing new chart setups. If you miss one, another one will show up. Never rush. If you have to rush, that's not it. To win my friend, patience is key. Namaste.
USD/JPY has broken the uptrend regression channel and is now net short. US$ is turning across a number of pairs, however volatility is due to arrive on the 20th with the start of Trump Presidency
USDCAD has move 8% over 80 trading days and has created a tentative net short bias. US$ is turning across a number of pairs, however volatility is due to arrive on the 20th with the start of Trump Presidency
Recently hopped into a cardano long and think its ready to take off now. Targetting $1.15 but taking partial before then as its quite late in the day now. 1hr before daily close
If gold continues its bullish trend , this is what i expect after the breakout of this area .If that is possible , think we can see the price rally up to the key area of 2715 .. Traders should trade cautiously and execute only when set ups and confirmations align .Trade safe. My outlook of technical analysis