I believe this is a great opportunity to open a short position. The price has already entered a pressure zone, which is why I’m considering going short. https://www.tradingview.com/x/F28LzlaY/
Look where support was found. A 3.6 years long (1,323 days) resistance was conquered in November 2024. In December, this once resistance level was tested as support and holds. This is the April 2021 peak price established at $1.96. Unless there is a sudden crash in the coming weeks, it is possible that XRP will never trade again below this level, ever. If XRPUSDT produces an advance now and goes toward $3 to later reach $4 and higher, then this once resistance level now turned support will remain as the base for long-term growth. This week is the first green week after three weeks red. Confirmation is needed on this timeframe for the resumption of the bullish wave. Say we get another green week next week, more likely than not, the bullish bias is confirmed. Unless a reversal (down) happens in the coming weeks, then it is guaranteed that XRP will turn full green, to never ever trade below $1.96, ever again. But what is the chart saying, is below $1.96 already a thing of the past? The short-term timeframe is the short-term. Market conditions can change in a day. As the chart it is now, we can say it is already a thing of the past, only confirmation is needed and strong confirmation can be gotten in two weeks. After this week, one more green week as continuation and another green week for a strong confirmation. Of course, there can be sideways also. As long as XRPUSDT trades above its April 2021 peak price, we are in the bullish zone. The entire Altcoins market is bullish. Bitcoin is bullish. We can easily assume that the market will continue to grow. It is a safe and wise assumption. Thanks a lot for your continued support. Namaste.
1/3/25 :: VROCKSTAR :: NASDAQ:AKAM taking another look. dead $ in '25 - wrote about NYSE:S earlier today, it's not "obvious" and there's some hair there but it's interesting. more of a trade. - got me looking to refresh my "cyber pandemic" list of about 20 names to see what's changed in the last 6 months as we turn the leaf into '25 as i think this sector could become hawt once again - rn NASDAQ:PANW is the NASDAQ:NVDA , but it's quite expensive (for good reason), other names like NYSE:NET are HQ and would be great dip-buys but the bar is simply too high when i compare to stuff in semis (like NYSE:TSM and NASDAQ:NVDA that are cash monster moats and trade a helluva lot cheaper). and next in line are probably NASDAQ:ZS which i'd eye perhaps at curr levels and should write up shortly and NASDAQ:OKTA (but where in okta's case, growth is a bit more meh, but nonetheless think they've got a lock on identity going fwd). i digress... - so back to $akam. first.. when we look v. QQQ pair (type "AKAM/QQQ" in trading view), you can see over the long-term (look at monthly bars) this thing has simply faded. it's not been good money esp on a single-name basis when u could have just owned Q's. same when you compare w/ the panw, net, zs complex from above. and there's no real stabilization here either in the trend. tough. - on a fundamentals basis, there are a lot of factors to watch for in the coming results, but none in particular that will immediately re-rate the stock and send it popping beyond M&A (which IMO is a nice kicker, but not worth buying a stonk for unless it's trading below liquidation value - which this one is not). they've made a lot of M&A in the past years, have some interesting solutions... but ultimately seems like they're trying to find their footing still in a difficult CDN go-forward and where their cyber offer is not a leader. - so when you consider MSD++ growth (top line/ EPS), net debt (and not a small amount - nearly 3 bn on a 14 bn mkt cap name... means any "down" moves does little to really improve the valuation (like a bit net cash company would be). in other words, FCF yield here with mediocre growth is ~6% which is "fine" maybe cash+, but even 15% lower only takes you almost to 7% and you'd need -25% off on equity to get closer to 8%. even still... if stonk goes -25%... beyond trading the dip, would we want to own it? and if stonk rips with cyber maybe 10-15% from here... are we keeping it or trading for the faster horses? - pt is, this isn't a biz that has clear catalysts, valuation is in no man's land w/ not so great cap structure (which usually hurts tech businesses that aren't big growers, all else equal), so i don't see the pt of owning it vs. some of the alternatives. gl to the holders, but this one has a trigger for me to re-evaluate at $70 and even still, whatever brings us there... might mean there are better deals elsewhere (likely). V
The Cypher pattern never entered the bullish descending triangle. If current levels don't hold we will be entering the Megaphone pattern. See the levels on chart for support and resistance. R.I.P. Jimmy Funeral Services start Tomorrow January 4th. The Market is closed January 9th in memorial. God Bless America. Please Comment, share, rocket.
organic discrete and just cheeeeeeeel will this be as epic and rewarding as the other Pro To Calls and 16z bankrolled projects well at current levels $15M Valuation is like a series A concept that ships out juicy sexy bankable and Ai Crypto CZAR Sacks on the lookout for the next solid dev team SUi and it's apps devs should be at par with HBARs adacemic engineers Validation: Jan20 Strategy: Buy High
Hey, let's share with beginners, ok =)? The cryptocurrency market is widely known for its volatility, and understanding the cycles of highs and lows is essential for those looking to invest wisely. These cycles are a natural part of the financial ecosystem and often follow patterns similar to those of other speculative markets. During moments of high prices, known as “bull runs,” enthusiasm takes over. Headlines boast astronomical gains, investors pour in en masse, and there’s a general feeling that "this time is different." Many beginners end up buying at the peak, driven by the fear of missing out (FOMO). On the other hand, moments of low prices, or “bear markets,” bring uncertainty and pessimism. Prices plummet, and the same investors who bought during the hype start selling, often out of desperation or lack of understanding of the cycles. It's important to remember that markets have historically recovered , rewarding those who remain calm and patient. The lesson here is clear: don’t act on impulse . Experienced investors see downturns as opportunities to buy assets at lower prices , while beginners end up selling at a loss—losses that could have been avoided with a long-term strategy. If you're just starting in the cryptocurrency world, remember: patience is key . Avoid acting emotionally, always educate yourself about the market, and understand that opportunities aren’t lost—they simply change hands. Plan your investments, set clear goals, and above all, don’t panic. Like it? Share =) Love it? Well... here are some wallets... haha =) sol: AHyJjuqAREJDMD5bCzMVjUzHMsM1Mw35AWFmRUQpemWg eth: 0xfe1BdE62797a0B96d99a12eC4a08A934E557DAe0
Summary The S&P 500 (SPY) is still in a bullish trend. This chart focuses on buying dips instead of selling. Key buy zone is marked in the green box. Key Points Buy in the Green Box: This area is where SPY is expected to bounce back. Targets are $602.30 and $624.29. Support and Stop-Loss: Stop-Loss: $560.66 – If SPY falls below this, the bullish trend may be invalid. Support Zone: Between $563 and $573, as highlighted by Fibonacci levels. Invalidation Level: If SPY breaks below the red line at $510.50, we’re no longer in a bullish cycle. Upside Potential: As long as SPY stays above the green zone, it can move toward higher targets. Simple Plan 1. Wait for SPY to drop into the green box before buying. 2. Avoid selling SPY; it’s better to focus on buying dips in this setup. 3. If SPY goes above the (X) wave, the bearish scenario is invalid. Key Message This chart is about staying patient and waiting for the right time to buy. The green box is your chance to get in before the next rally. Let me know your thoughts in the comments below! ?
Based on the current price action, it appears that BTC may have reached its peak for the time being. A retracement to the $76,000 level seems likely.. At that point, the odds favor a continuation of the bullish trend. However, if that level fails to hold and support does not form, the door may open to even lower prices.. Time will tell!
Hello, OANDA:NZDUSD has reached a new one-year low at 0.55871, and expectations are now leaning towards a potential bullish reversal. Confirmation will be necessary as the price action unfolds, but there is growing confidence in a significant upward move towards 0.602911! No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344
EOS Update ~ 1W #EOS So far it still maintains its bullish structure. This is wave 2 in the Eliot Wave pattern. Minimum target 20%++