Yesterday's Update https://www.tradingview.com/chart/BTCUSDT/OpGEKccr-DAY-4-Daily-BTC-Update/ ? Merry Christmas, TradingView Fam! ? The BTC bulls are delivering a gift this holiday season ?! After a strong bounce, Bitcoin is eyeing $100K today, setting the stage for a spectacular Christmas Day rally. Here’s the roadmap: ? First Pivot: $100,800 ? Second Pivot: $105,720 Breaking through these levels will set BTC on Pathway 1, as outlined yesterday, and reinforce the bullish momentum. ? (Although not breaking the first pivot could see Pathway 2) Santa seems to have packed his bag with a Bitcoin rocket this year! ? Wishing you all a magical Christmas!? See you all tomorrow!
SOLANA after breakout from chart pattern found support/demand floor at 174.31with a potential swing to test 203.18 litmus test sell zone . if weekly candle break and close above this level go long on Solana with target at 276k-280 and above based on risk appetite. on a flip side if weekly candle close below 203.18 sell ,because the weekly candle already broke demand floor and buyers cant keep up on upswing . its best to follow layer by layer.
Logarithm. Time frame 3 days. With altcoins (overflow of profits from bitcoin, now) along with XRP this is asset #1 for pumping, the reason for this is liquidity, which is extremely necessary for large capital. The average price of 1 distribution zone is conditionally 10 thousand. These are not the maximums of the cycle. When the price lingers in this zone and there is a massive positive news background, all L2 assets, which are now in their accumulation zones, or in retests of breakout zones, will "fly" to super pumps (this is what it is). In percentage terms, they will show an order of magnitude greater profit in their distribution zones. Remember, as a rule, such assets (low liquidity) are first pumped by an aggressive pump (to leave in parts, without regret) by a huge %, and only then is a distribution zone formed on a rollback (channel, triangle ...) (hope for a huge profit on the continuation of the pump). This idea is a continuation of this idea (which I can't update) of a secondary trend, the goals of which have been achieved with utmost precision: ETH/USD Secondary trend. Bullish triangle. Breakout. Target 96% 11 11 2023 https://www.tradingview.com/chart/ETHUSD/jgtSrfsu-ETH-USD-Secondary-trend-Bullish-triangle-Breakout-Target-96/ It is worth noting that now in the news background: "ether is bad" , huge fake short positions for the news background. Many crypto media personalities speak negatively about the “prospects” of this very promising cryptocurrency of the “American” (Jewish) transnational financial conglomerate JPMorgan Chase (size of depository assets — $ 32.4 trillion, size of assets under administration — $ 7.7 trillion, etc.). What kind of lack of prospects can we talk about?? If they “stink” a lot to create public opinion, then there is probably an interested party in this. That is, it is worth doing everything the opposite of what they want to inspire, and as a result, tilt supply/demand in a favorable direction, which, as a rule, is always unprofitable for most market participants. If you are an investor , then buy at any price (you can use martingale in parts, or place trigger orders for a breakthrough of important zones), and do not be interested in the opinion of the majority (meaningless market noise) and the news background (manipulation, deception). Sell in the distribution zone (time is known in advance when, 2 zones) with a huge profit, as for a liquid trading instrument. If you are a small investor or trader , then pay attention to the L2 group of assets and ETC (big pump “stick”), and use ETH itself as an indicator of “when”. Also, the idea shows an unlikely scenario, or rather two scenarios. Consider this in your risk management. The idea of the main trend , published several years ago. Which, of course, is still relevant now. Everything develops organically, and extremely precisely according to plan. ETH/USD Main trend Pump/dump cycles. Accumulation/Distribution 8 09 2022 https://www.tradingview.com/chart/ETHUSD/hFtjTffi-ETH-USD-Main-Trend-Pamp-Dump-Cycles-Accumulation-distribution/ Trend in general for clarity now. https://www.tradingview.com/x/R4xjCbQs/ https://www.tradingview.com/x/9Qr6XNbR/ locally this potential triangle (it doesn't exist yet) looks like this.
USDT Dominance (USDT.D) The USDT Dominance chart reflects the percentage of the cryptocurrency market capitalization held in Tether (USDT), providing insights into market sentiment and risk appetite. Here's an analysis based on the chart structure: Key Levels and Observations: Supply Zone at 6.50%: The 6.50% level acts as a critical resistance where the "Bull vs Bear Flip" is observed. This zone marks the upper limit of a supply area, where sellers are dominant. A rejection here could signal an increase in market risk appetite as funds flow out of USDT and back into crypto assets. Demand Zone at 3.63%: The 3.63% level serves as a strong demand zone, historically supporting USDT.D during bearish periods in the broader market. This is marked as the lower boundary of the "Bull vs Bear Flip," indicating increased caution if revisited. Median Level at 4.48%: The chart highlights the 4.48% level as the median point, balancing bullish and bearish sentiment. Current price action is hovering around this zone, signaling indecision and a potential breakout or breakdown. Harmonic Pattern Formation: A harmonic pattern is evident, with key retracement levels at 0.449 and 0.734 marking the price's journey from points X, A, B, C, and D. Point D, near 3.63%, aligns with the demand zone, completing the pattern and triggering a potential bounce. Rounded Bottom Formation: A rounded bottom is visible on the left side of the chart, indicating a previous reversal from bearish to bullish sentiment. This reinforces the importance of the 3.63% level as a long-term support. Bear Zone at 2.83%: Below the demand zone lies the 2.83% "Bear Zone," signaling extreme bearish sentiment for USDT dominance and likely strong risk appetite in the crypto market. Scenarios to Watch: Bullish Scenario: A breakout above the 4.48% median and sustained movement toward the supply zone at 6.50% would signal increased market caution as investors move to USDT. If the 6.50% level is breached with volume, USDT.D could trend higher, indicating market-wide fear or profit-taking in crypto. Bearish Scenario: A breakdown below the 4.48% median would confirm bearish momentum, with the next target being the demand zone at 3.63%. A fall below 3.63% could lead to a retest of the 2.83% "Bear Zone," indicating renewed bullish sentiment for crypto assets. Volume Analysis: Recent volume spikes during the recovery indicate significant interest at current levels. However, diminishing volume near resistance suggests hesitation among market participants, requiring confirmation of the next directional move. Conclusion: The USDT Dominance chart is currently in a state of equilibrium around the median level (4.48%), reflecting market indecision. The next significant move will likely depend on whether the supply zone (6.50%) or demand zone (3.63%) is tested first. Traders should watch for volume confirmation and macroeconomic catalysts for the next trend in risk sentiment.
Uber Technologies, Inc. (NYSE: UBER) is currently at a critical juncture, offering a high-probability trading setup for both bulls and bears. The stock is trading at $61.71, and the technical chart reveals a dual-sided opportunity depending on whether it breaks key support or resistance levels. Technical Analysis The price action on Uber’s 4-hour chart indicates the potential for a strong move in either direction. The stock is currently testing a pivotal support zone, with clear resistance levels overhead. Here’s a breakdown of the setup: Bullish Setup Entry: Above $66.03 Target 1: $73.68 (mid-range resistance) Target 2: $80.92 (upper channel resistance) Stop-Loss: Below $61.42 A breakout above $66.03 could confirm the continuation of Uber’s broader uptrend, with strong momentum pushing toward higher targets. Positive fundamentals, such as improving profitability in Uber Rides and Eats, support this scenario. Bearish Setup Entry: Below $54.59 Target 1: $43.27 (first major support) Target 2: $31.88 (long-term demand zone) Stop-Loss: Above $61.42 A breakdown below $54.59 would suggest a shift in market sentiment, potentially leading to sharp downside moves. Macro headwinds or underwhelming earnings could serve as catalysts for this bearish case. Key Market Dynamics Volume Confirmation: Watch for increased volume during a breakout or breakdown to validate the move. Exponential Moving Averages (EMA): Uber is testing key EMAs (100 and 200), which could act as dynamic support or resistance. Analyst Ratings: According to consensus data, 50 analysts project an average 1-year price target of $90.89, with a high of $120.00 and a low of $75.00. This reflects a potential upside of 47.29% from current levels, underlining a bullish outlook from Wall Street. Moreover, 58% of analysts rate the stock as a "Strong Buy," citing Uber’s dominant market position and consistent growth in gross bookings. Final Thoughts Uber is at a tipping point, and the direction it chooses will set the tone for the coming months. Whether you're a bull targeting $87.92 or a bear eyeing $35.88, there’s a setup for everyone. The stock’s consolidation suggests a big move is imminent – it’s all about being on the right side of the trade. Disclaimer This content is for educational and informational purposes only and should not be considered as financial or investment advice. Always perform your own analysis and consult with a licensed financial advisor before making any trading decisions. Trading carries risk, and you may lose more than your initial investment. If you found this analysis helpful, don’t forget to like, follow, and share for more in-depth market insights. Let’s grow together as traders! ? Happy trading, and see you in the next idea! ?
https://www.tradingview.com/x/ahq5427X/ Bitcoin is exhibiting a bearish divergence, with a lower high appearing to be established on the 4hr. The target remains at 73-76k if it falls below the 90k region.
The technical analysis of Turbo's native token is signaling a bullish breakout. A classic bull flag pattern has formed on the charts, suggesting a continuation of the strong upward momentum This first ever memecoin created by AI. Turbo Token began as a bold experiment in cryptocurrency creation. Inspired by the power of artificial intelligence, the project's founder turned to GPT-4 with a simple challenge: create the next great meme coin.
BTC Dominance (BTC.D) – Updated Technical Outlook The BTC Dominance chart reflects Bitcoin's performance relative to the altcoin market. Here’s an analysis: Key Levels and Observations: 1. Resistance at 58.47% and 61.31%: - BTC.D attempted to breach the 58.47% resistance but faced rejection, leading to a pullback. - The 61.31% level, marked as a key Fibonacci retracement, remains a significant hurdle for further upside momentum. 2. Support at 55.76% and 54.57%: - The first notable support lies around 55.76%, aligning with a historical horizontal support zone and the yellow trendline. - If this level is breached, the next support at 54.57% may come into play, potentially leading to increased altcoin strength. 3. Trendlines and Channels: - BTC.D continues to respect the rising yellow trendline, indicating that the long-term bullish trend is intact. - The dotted red channel lines act as a dynamic resistance zone for future attempts to reclaim dominance above 60%. 4. Volume Trends: - Volume levels show declining momentum during the recent pullback, which could indicate temporary weakness rather than a full reversal. - A volume breakout above 58.47% would confirm renewed dominance for Bitcoin. 5. Long-Term Perspective: - BTC.D has maintained a higher-high, higher-low structure, suggesting bullish market sentiment for Bitcoin dominance over the medium term. - However, consolidation between the 55.76% and 58.47% range could signal indecision before the next significant move. Potential Scenarios to Watch: 1. Bullish Scenario: - A breakout above the 58.47% resistance would open the door for BTC.D to challenge the 61.31% level. - Sustained dominance above 61.31% would likely indicate Bitcoin outperforming altcoins across the board. 2. Bearish Scenario: - If BTC.D loses the 55.76% support and breaks below the rising trendline, it could shift momentum in favor of altcoins. - Key downside targets would then include 54.57% and the stronger support zone at 52.97%.
Primary trend still intact. Secondary trend is in corrective mode. Market cleanse can happen towards 85k. After new year we resume. Good thing is that OTHERS.D, (the % it represents against BTC (excluding top 10)) performs best in January. So i guess this is just a short term breather. Market makes the rules not us. We'll see how it goes.
Tamo is long set up full fledged, note down important numbers resistance and support zones aim for target price of 1400 INR. All influencer and news channel will give you bearish reports but that is not the case Tamo & the companys internal & external matters have changed and the company has grown from what we have seen in 2000's the stock will not follow same pattern that we see on charts before. It will fire & take you to the moon, this could be your last chance to grab this opportunity !!! Dont miss !!! This trade is for educational purposes manage your risks wisely.