3rd entry into SUI. Hoping to catch right before another stair-step up.
This is my plan for ARC this is ARC Reactor AI coin. There are many others with same tag.
Hello scalpers, If you are awake you have a strong entry signal on ETH at 3,450$ Stop Loss below retest level on trend line. @ChartPrime @Bollski !
Current Trend: META is showing recovery signs on the 1-hour chart, forming higher lows and testing the upper boundary of a descending trendline. On the daily chart, the price is in consolidation with minor bullish divergence visible in momentum indicators. * Key Observations from Indicators: * MACD (1-hour): Shows a bullish crossover, with the histogram gaining strength, signaling upward momentum. * Stochastic RSI (1-hour): Near overbought levels, suggesting caution for further upside in the short term. * Volume: Lower during the recovery phase, indicating that buyers may lack strength to push higher decisively. Key Support and Resistance Levels (Daily Chart): * Support Levels: * $590: Immediate support with decent PUT activity. * $583: Strong support zone aligned with the recent low and GEX data. * Resistance Levels: * $601-$602: Immediate resistance near the breakout zone of the descending channel. * $610: Key psychological and historical resistance level, aligning with CALL wall activity. * $620-$632: Significant resistance cluster as seen from prior rejection points and the upper channel boundary. GEX Insights: https://www.tradingview.com/x/H1drNGO0/ * Gamma Exposure (GEX): * Positive GEX Zones: Above $601, CALL dominance increases, acting as a significant resistance zone. * Negative GEX Zones: Below $590, gamma exposure shifts negatively, indicating increased downside volatility. * Options Activity: * Moderate IVR levels suggest options premiums are reasonably priced, suitable for directional plays. * PUT walls at $583-$590 indicate strong support zones, while CALL walls at $601-$610 highlight stiff resistance. Trade Scenarios: Bullish Scenario: * Entry: Above $602. * Target: $610 (initial), $620-$632 (extended). * Stop-Loss: Below $590 to minimize downside risk. Bearish Scenario: * Entry: Below $590. * Target: $583 (initial), with further extension to $575. * Stop-Loss: Above $601 to cap losses. Conclusion: META is at a pivotal juncture. A breakout above $602 could lead to a strong bullish move, while rejection from this level might push the price back to retest $590 or $583. Traders should closely monitor momentum and volume at these critical levels. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research and trade responsibly.
picked up SPY $600 Jan24 calls buying the dip and looking at trump taking office to rocket us to new ATH. 2 FVGs along the way planning to be pretty much out going into the 24 accept for free runners.
This is my plan for NPC meme coin. This is a deviation. For save entry you can enter on retest orange box.
NVDA Approaching Crucial Levels! Trade Setups You Need to Know ?" * Current Trend: NVDA is consolidating within a descending channel on the 1-hour chart, showing a range-bound movement. On the daily chart, it appears to be forming lower highs, indicative of a weakening uptrend with potential bearish continuation. * Key Observations from Indicators: * MACD (1-hour): Signals neutrality with no clear crossover, reflecting ongoing consolidation. * Stochastic RSI (1-hour): Trending higher, suggesting a short-term recovery from oversold levels. * Volume: Diminished during the recent pullback, indicating a lack of conviction from sellers, but no significant buying pressure yet. Key Support and Resistance Levels (Daily Chart): * Support Levels: * $134: High Volume Node, with significant PUT activity in the GEX data. * $132: Immediate support with a noticeable PUT wall. * $130: Major support zone and the third PUT wall per GEX insights. * Resistance Levels: * $138: Immediate resistance and the highest positive GEX zone (CALL resistance). * $140: Next significant resistance, aligning with a second CALL wall. * $143-$144: Major resistance, marked by a strong CALL wall and historical rejections. GEX Insights: https://www.tradingview.com/x/O0wEd3d8/ * Gamma Exposure (GEX): * Positive GEX Zones: Above $138, CALL activity increases significantly, indicating a strong resistance level for upward movement. * Negative GEX Zones: Below $134, gamma exposure becomes negative, suggesting increased downside volatility. * Options Activity: * IVR (Implied Volatility Rank) is at 20.2%, indicating relatively low implied volatility. * A low CALL/PUT ratio reflects bearish sentiment, with sellers dominating near $132-$134. Trade Scenarios: Bullish Scenario: * Entry: Above $138. * Target: $140 (initial), $143-$144 (secondary). * Stop-Loss: Below $134 to avoid downside risk. Bearish Scenario: * Entry: Below $134. * Target: $132 (initial), with potential extension to $130. * Stop-Loss: Above $138 to limit upside risk. Conclusion: NVDA is at a pivotal point, with $134 serving as a critical support level. Watch for a breakout above $138 for bullish momentum or a breakdown below $134 for bearish continuation. Volume and GEX levels should guide your directional bias. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research and trade responsibly.
Before diving into Gala's current movement, it’s crucial to establish this foundational point: Wave 3 is only confirmed when the price breaks the high of Wave 1, which is $0.06667. Until that milestone is reached, any analysis remains speculative. Previous Analysis Recap In an earlier idea, we tracked a WXY correction with the Y wave targeting $0.02761 (0.786 Fibonacci level). However, after the Y wave played out for a few days, it became clear that we were correcting within a descending triangle. This pattern suggested the possibility of price movement in either direction. While I anticipated a downward movement for Bitcoin and Gala, I was also prepared for an upward bounce. Why I Anticipated a Downward Move? Bitcoin's Unfinished Correction: In my Bitcoin analysis, I noted that Bitcoin likely hasn’t completed its full correction. During the last bull run, Bitcoin Dominance collapsed during Wave 4 corrections, paving the way for altcoin season. That hasn’t occurred yet, as Bitcoin Dominance remains high. A further price drop would align with the completion of this correction. Shorter Corrections Are Unlikely: Historically, Bitcoin’s Wave 4 corrections have been deeper and longer, lasting around three months in the previous cycle. At present, Bitcoin’s correction is only 3.5 weeks in, suggesting more time may be required. Current Developments Instead of a deeper correction, Gala’s price bounced upward, potentially extending the overall corrective phase. While this could lead to further upward movement, it doesn’t entirely rule out the possibility of additional downside later. Momentum Indicators Turn Positive: Gala has already undergone a significant correction, nearly reaching the 0.786 Fibonacci level. Daily RSI indicators suggest there is enough momentum for the price to climb higher - A potential X wave could target $0.04407. Future Scenarios: I am open to this being Wave 3, but I am also open to this correction extending to a WXYXZ correction (they can go on forever technically). I can't predict where the X wave will end, and how deep the Z correction will be until X is complete. However, for Wave 3 confirmation, Gala must surpass $0.06667. It’s worth noting that the X wave could climb as high as $0.06600 and still remain part of a corrective structure. Perspective and Patience This analysis serves as a reminder to maintain perspective. While the allure of immediate resolution is tempting, markets often operate on longer timeframes. Bitcoin’s current correction phase is relatively young compared to historical patterns, and this may apply to Gala as well. Final Thoughts At this stage, the market remains ambiguous, and interpretations may evolve as new data emerges. The charts provide valuable insights, but certainty is only achieved in hindsight. For now, tracking key levels will be critical to understanding Gala’s next significant move. Stay flexible and prepared for either scenario as the market unfolds.
Current Trend: TSLA is in a clear downtrend on the 1-hour and daily charts. The price is trading below key EMAs, indicating bearish momentum. A descending trendline and lower lows formation further confirm the downtrend. * Key Observations from Indicators: * MACD (1-hour): Shows a potential bullish crossover as the histogram shifts upward, suggesting momentum could favor a short-term bounce. * Stochastic RSI (1-hour): Oversold with a slight uptick, indicating the possibility of a short-term recovery. * Volume: Recent sell-offs were accompanied by high volume, showing strong bearish sentiment, but lighter volume during the consolidation phase hints at declining selling pressure. Key Support and Resistance Levels (Daily Chart): * Support Levels: * $383: Immediate support, with GEX data showing strong PUT activity at this level. * $370: Next major support, aligning with a significant GEX PUT wall. * Resistance Levels: * $410: First resistance level, also a significant CALL wall with high GEX activity. * $425: Secondary resistance, marked by historical rejection points and GEX CALL concentration. GEX Insights: https://www.tradingview.com/x/Gbpv1beQ/ * Gamma Exposure (GEX): * Negative GEX Zones: Strong negative gamma below $390, indicating heightened volatility in the downside region. * Key Gamma Walls: * $383: The highest negative net GEX, aligning with support. * $370: Critical PUT wall, where sellers could regain dominance if breached. * Options Activity: * IVR (Implied Volatility Rank) is at 61%, indicating moderate options pricing relative to its historical range. * A high CALL/PUT ratio signals an imbalance, with a focus on bearish positions dominating near $383-$370. Trade Scenarios: Bullish Scenario: * Entry: Above $397. * Target: $410 (initial), $425 (secondary). * Stop-Loss: Below $383 to avoid downside risk. Bearish Scenario: * Entry: Below $383. * Target: $370 (initial), with potential extension to $355. * Stop-Loss: Above $397 to limit upside risk. Conclusion: TSLA remains under significant selling pressure but shows signs of short-term stabilization near $383. Traders should monitor volume and momentum at critical levels ($383 and $410) for potential breakout or breakdown setups. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research and manage risk responsibly.
CRYPTOCAP:BTC 95849.42 HERE WE COME Made a layout in Tradingview called: ''Sleeping With Charts" I will analyze multiple pairs before bedtime (this is one of them) and see if they played out or not in the morning. also for archival purposes ofcourse to look back at later and learn from my mistakes by taking them back to backtesting. Not financial advice, just posting my idea's for archival purposes to look back at later.