BNB/USDT - (25-12-2024) G-Money's short version analysis basedBNB/USDT G-Money's short version analysis based purely on technical analysis only, no nonsense or "BS".
I do totally ignore any fundamental analysis, technical analysis only
BNB/USDT still possible that is going return to the Enter level ... It is not too late to enter at the right time...
What do you think? Comment and share your thoughts please!
Chart is itself explaining. Kept a "KISS" approach all the way ( "Keep It Simple, Stupid") & beginners friendly... ;)
I do hope that nobody ignoring SL ( Stop Loss) ! Without it, It is a fastest way to loose hard earned money...
PS: above technical analysis is done for the community & educational purpose only! It is not a financial advice. Just share my very own insight to it.
Merry Christmas to ALL !
Beyond Technical Analysis
Update: TLT March 21st 95 Covered CallsA "refresh" of a fairly long-running cash flow setup, with the cash flow emanating from (a) short call premium and (b) dividends.
As of the 12/18/24 dividend, my break even is at 85.81 (including dividends). (See Post Below).
One of my New Year's resolutions is to be a little more patient and roll out the short call on approaching worthless, targeting the short call strike paying around 1% of the strike price in credit, but my mouse hand occasionally seems to have a mind of its own ... .
Building a massive short up to 55k We are seeing a similar pattern to the 2020-2021 bull run, but this time under different circumstances and with Bitcoin at a much higher price.
Over the years, Bitcoin has significantly outperformed benchmarks like the S&P 500, which continues to attract both institutional and retail investors.
Previously, we experienced a correction from $60K to $30K. Now, we’re observing a correction from approximately $100K to $50K. These are rough estimates, but the trend appears consistent.
In my opinion, based on the past eight years of observing Bitcoin charts (though not daily), the market often feels manipulated. This is likely due to Bitcoin’s relatively smaller market cap compared to other asset classes like stocks, forex, or mega-cap stocks (e.g., FAANGM).
Recently, we faced rejection from a falling wedge pattern on the ES, which is bearish. I had hoped that lower VIX levels would encourage portfolio managers to re-enter the market, but with the stock market holiday on Wednesday, the 25th, I anticipated heightened volatility and an additional correction of approximately 8-10%.
I’m aware that hedge funds are engaging in “window dressing” as the year ends. Portfolio managers are likely to remain passive, avoiding risky trades that could jeopardize their year-end bonuses. As a result, we can expect a quieter market from their side.
Along the way, we may see some “dead cat bounces,” but there’s no need to worry.
I had hoped Bitcoin would maintain its upward trajectory, but putting emotions aside and analyzing objectively:
VWAP is significantly below the current price.
Fibonacci retracement suggests further downside.
Awesome Oscillator (AO) and RSI indicate bearish momentum.
Money flow is negative.
A significant short wall has formed, and many positions have already been liquidated
.
Based on this, it seems likely that we’ll continue moving downward.
I’ve included two additional charts in the comments below for further insights.
Key Support / Resistance Breakout - Swing TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Key Support & Resistance Breakout. Stock has give Breakout of Resistance level. Keep in watch list. Buy above the high. Suitable for Swing Trade. Stop loss & Target Shown on Chart.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think.
EURGBP whats next, continuation?
What next with OANDA:EURGBP , price is come back in zone, zone looks valid, strong and today we are have BOE rate cut, which is result with moving price back in zone, here personaly bullish,
can wait and for some pattern, or some consolidation above zone for better confirmation lvl.
SUP zone: 0.82500
RES zone: 0.83420, 0.83620
Long NEIROTimeframe: 4H
Entry Zone: The market has traded below a key low (marked in the 4H chart) around 0.05420. After a significant downward movement, price has shown signs of consolidation and potential reversal, signaling an opportunity for a long entry near this support area.
Target: Targeting a significant level at 0.0680 on the 8H chart, where we expect the price to face resistance (highlighted with a blue box). This provides a risk-to-reward ratio of approximately 2,3 to 1
Stop Loss: Place a stop loss just below the recent low at 0.0430 (or slightly below this area to allow for minor fluctuations).
Trade Rationale: Price has shown significant bullish momentum after the key low, and there is strong support at 0.03218.
We are looking to capitalize on the potential bullish breakout, with a high-probability reversal setup based on the current market structure.
How I look for entryKeep in mind that all of what you see is not what I draw up when looking for an entry. With a little practice you can just see the lines without the drawings. All text, colors, drawings are to explain what I see.
Keep your charts clean. Blk & Wht, using as little as possible to see the chart clearly.
Using BX, 15m, today as an example. Once you see it in the algo it can not be unseen. Support and resistance is the same on any timeline on any chart.
BTC GOING TO 193000$!!!"These days, everyone’s saying Bitcoin might drop to 74k or even 70k. But I’m here to tell you, whales and big institutions like MicroStrategy, with all their strategies (like the RTM model I showed you), are going to push Bitcoin up to $113k first. It’ll take a small dip there, then rise again to around $117k, followed by another pullback. This cycle will keep going until we hit $193k, and then we’ll see a nice correction.
I really hope my analysis helps, even if it’s not 100% spot on! Don’t lose hope – fiat money is heading for destruction, and only the big cryptocurrencies will survive. Stay positive, take care of yourselves, and remember: health is wealth!"
Eth Secret Chart.Hello Dear Traders,
Analysis for ETH Using Jinny Gann
On Chart The Most Important Levels "Horizontal Lines" Works as Support/Resistance .
DownTrend from TOP of 2022 Done and Bottomed for sure.
Finished 2 Down Cycles. and Started uptrend.
Gann Star from The top of 2022 to bottom on Chart.
reversed Jinny Gann Fan on Chart.
Zooooom in to Present you will see it clearly.
Wish you Make great of the chart.
Trade Wisely.
Best Regards
DASH/USDT - (25-12-2024) G-Money's short version analysis basedDASH/USDT G-Money's short version analysis based purely on technical analysis only, no nonsense or "BS". I do totally ignore any fundamental analysis, technical analysis only
DASH/USDT still kinda on the "move" waiting for a signal to TP. Trade was open with 10X leverage & should bring *2 account size...Who did enter this trade congratulations! Who missed it... See you all next time! ;)
What do you think?
Chart is itself explaining. Kept a "KISS" approach all the way ( "Keep It Simple, Stupid") & beginners friendly... ;)
I do hope that nobody ignoring SL ( Stop Loss) ! Without it, It is a fastest way to loose hard earned money...
;)
Trade safe & don't do "gambling". In the end it never pays, not worth it to risk loose all your $...
PS: above technical analysis is done for the community & educational purpose only! It is not a financial advice. Just share my very own insight to it.
Merry Christmas to ALL !
AVAX/USDT Chart Analysis #AVAX /USDT Technical Analysis
CRYPTOCAP:AVAX is trading at $40.973, with a +12.02% gain, showing bullish potential as it approaches key Fibonacci retracement levels. The price appears to be forming a corrective wave, providing a strong opportunity for a bounce toward higher targets.
Key Levels:
Support Zone: $34.714
Deeper Support Zone: $28.960
Target 1 (T1): $64.04
Target 2 (T2): $79.77
Celebrating the Season with Gratitude and Success 🎄 Season's Greetings from SroshMayi 🎄
As we embrace the magic of the holiday season, I want to take a moment to express my heartfelt gratitude. This year has been a journey of growth and opportunity, and I couldn’t have done it without the incredible support from this amazing community and the exceptional tools provided by the TradingView platform.
TradingView has been a cornerstone of my analysis, enabling me to provide detailed insights and stay ahead in the dynamic financial world. To all my subscribers and followers, thank you for being part of this journey. Your trust and engagement inspire me to keep pushing boundaries and delivering quality insights.
With great hope, I wish for successful trades and prosperous opportunities for all traders and my amazing subscribers in the coming year. 🌟
And here’s some exciting news for this holiday season! TradingView is hosting a Giveaway where you can win amazing prizes. If you're interested, check out the details in the TradingView Account and join for a chance to grab these fantastic TradingView rewards . It’s a perfect opportunity to enhance your trading journey!
Wishing you all a joyful holiday season filled with peace, warmth, and success in the year ahead. Here’s to reaching new heights together in the coming year! 🌟
Warm regards,
SroshMayi
PENGU/USDT Chart Analysis #PENGU /USDT Technical Analysis
#PENGU is currently trading at $0.035365, showing a bullish setup after breaking out of a descending triangle. The price is expected to retrace toward the $0.028392 zone, offering an ideal long entry opportunity.
Key Levels:
Entry Zone: $0.028392 (Fibonacci 0.618 retracement).
🎯 (T1): $0.044073.
🏹 (T2): $0.054105.
Occidental Petroleum ($OXY): Buffett-Backed Value Play in Energy
Introduction:
Occidental Petroleum ( NYSE:OXY ) is an energy giant🌍 that’s catching attention for all the right reasons. With Warren Buffett’s Berkshire Hathaway owning 28.8% of its shares, record-breaking production levels, and innovative strides in carbon capture, OXY has positioned itself as a compelling investment opportunity. Despite a challenging year with a -20.33% YTD decline, the company’s improving financials, operational efficiency, and strategic acquisitions point toward significant long-term potential. Let’s break it down. 📈
Key Points
1. Market Context 🛢️
Stock Price: $46.50
52-Week Range: $42.00 - $66.00
Market Cap: $52.3 billion
Market sentiment around OXY is cautiously optimistic. With Buffett’s backing, many investors see the current dip as a potential buying opportunity.
2. Financial Health 💵
OXY’s financials showcase a balance of value and efficiency:
P/E Ratio: 12.7x, below the 5-year average of 18.4x.
Price-to-Book Ratio: 1.43, indicating undervaluation.
Dividend Yield: 1.85%, with room for growth as debt reduces.
Q3 2024 Highlights:
Net Income: $964 million ($0.98 per share).
Operating Cash Flow: $3.8 billion.
Debt Reduction: $4.0 billion, bringing the debt-to-equity ratio down to 0.75.
3. Operational Performance 🚀
Production: 1.4 million barrels/day in Q3 2024, exceeding guidance and setting company records.
Margins: Operating margins improved to 57.01%, driven by lower well and drilling costs.
4. Strategic Initiatives 🌱
CrownRock Acquisition: Boosts Permian Basin operations, positioning OXY for long-term growth.
Carbon Management: Leading in carbon capture technologies, aligning with sustainability goals and opening new revenue streams.
5. Investment Case 🛡️
Buffett’s Confidence: Berkshire Hathaway’s 28.8% stake reflects a belief in OXY’s undervaluation and long-term potential.
Valuation Metrics: Trading at a discount compared to historical averages provides an opportunity for value investors.
Growth Potential: Stabilizing oil prices, improved operational efficiency, and innovation in carbon management suggest significant upside.
Conclusion
Occidental Petroleum offers a unique blend of value, growth, and innovation. With Buffett’s endorsement, record production, and strategic focus on sustainability, OXY is well-positioned to reward long-term investors employing a Dollar Cost Averaging strategy. 🌟
Disclaimer:
This analysis is for informational purposes only and does not constitute financial advice. Always conduct your own research or consult with a professional before making investment decisions.
DOT is gonna have trouble for bullish movementDOT/USDT Daily Analysis: Inverse Cup and Handle Pattern Emerging
Polkadot (DOT) appears to be forming a bearish inverse cup and handle pattern on the daily time frame, signaling potential downside if the pattern confirms. Here’s the breakdown:
📌 Pattern Structure:
Cup Formation: The large, rounded top indicates a loss of upward momentum, culminating in a clear resistance zone around $7.50-$8.00.
Handle Formation: A minor consolidation or relief rally, currently forming as a descending structure near the neckline, which is a key bearish continuation signal.
📏 Key Levels to Watch:
Neckline Support: The yellow horizontal line at approximately $7.00 is critical. A breakdown below this level would confirm the bearish pattern.
Measured Move Target: The projected downside is calculated by measuring the height of the "cup" and projecting it downward from the neckline. This suggests a potential target near $4.70 (red support zone).
📉 Bearish Case:
A breakdown below the neckline with strong volume could accelerate selling pressure, leading to a significant drop toward the measured move target.
The red arrow indicates the expected price trajectory if the neckline support fails.
💡 Invalidation:
If DOT manages to hold the neckline and break above $8.00, the bearish pattern could be invalidated, opening the door for a bullish move.
📊 Conclusion:
The inverse cup and handle pattern suggests a bearish outlook for DOT/USDT, with a possible move toward $4.70 if the neckline breaks. Traders should watch for volume confirmation on the breakdown and set proper risk management strategies.
Do you think DOT will hold the neckline, or is a breakdown imminent? Share your thoughts! 👇