US30 4HIt is expected that the price will move towards the middle range after hitting the upper resistance and then again move towards the lower target.
I also expect that after hitting the lower range, the price will change direction upwards; however, I will wait to see if an engulfing pattern occurs or not.
Beyond Technical Analysis
RENB - Strategic Colllabaration with Nebul (NVDA) - AI-Biotech
Renovaro Inc. is a biotechnology company specializing in advanced cancer diagnostics and therapeutics. They develop innovative cell and gene therapies to boost the immune system's ability to fight diseases like cancer and HIV. Using artificial intelligence, their technology enables early detection of diseases by analyzing genetic markers. Renovaro aims to revolutionize healthcare with cutting-edge treatments and diagnostics to improve patient outcomes.
Float: 110.363M
Short % of Float: 2.74%
Recent News:
Dec 20, 2024
Renovaro Regains Compliance with NASDAQ Listing Requirement
Renovaro (RENB) announced its subsidiary Renovaro Cube has entered into a strategic collaboration with Nebul to advance the early detection of cancer and other diseases. As part of this initiative, Renovaro Cube plans to deploy a dedicated NVIDIA (NVDA) SuperPOD powered by NVIDIA DGX B200 systems, which feature the latest Blackwell GPU’s, and apply NVIDIA Parabricks functionality to ensure optimal performance on the NVIDIA clusters. Each DGX B200 system delivers up to 72 petaFLOPS of training performance and 144 petaFLOPS of inference performance, providing the computational power necessary to integrate AI across medium-sized hospitals.
Overall Market Sentiment:
It’s always crucial to consider overall market sentiment when making trading decisions.
Trading Strategy:
I consider this a mid- to long-term investment strategy.
Entry:
At recent price around $1.64
Waiting for a pullback into $1.10 zone
Breakout Zone:
$2.00
Resistance Zones:
$2.30
$2.90 - 3.00
$5.00 (double top) - TP 1
$6.80 - 7.20
$8.90 - TP 2
Surpassing these levels could signal a positive trend. Consider taking profits at these levels to realize gains.
Risk/Money Management
Take Profit (TP): Set the final & optimistic target at $13.00
Stop Loss (SL): Set at under $0.95 to mitigate potential losses.
Chart Analysis:
Please refer to the attached chart for detailed analysis of price trends and movements.
Trading Advisory:
Exercise caution and consider market conditions and your own risk tolerance when trading. It's advisable to conduct comprehensive research or consult with a financial advisor before engaging in trading activities.
Disclaimer: This content is for informational purposes only and should not be considered financial advice.
Example of how to trade without chart analysis
Hello, traders.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day today.
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Since the coin market can be traded 24 hours a day, 365 days a year, gaps do not occur as often as in the stock market.
(However, gaps may occur frequently in exchanges with low trading volume.)
In any case, I think that these movements provide considerable usefulness in conducting transactions.
Sometimes I told you to buy when the price drops by -10% or more.
Today, I will tell you why.
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In order to trade, you must have basic knowledge of charts.
Otherwise, you are likely to conduct transactions incorrectly due to volatility.
However, such cases are less common in the coin market than in the stock market.
One of the reasons is that the current coins (tokens) are not being used for actual business purposes.
So, I think there are quite a few issues that cause volatility other than charts like stocks.
-
If the price falls one day and falls by about -10% from the high before a new candle is created, I buy.
The next day, if it falls by about -10% from the high again, I buy again.
When it falls by about -10% like this, I continue to buy in installments.
That's why I need to adjust my investment ratio.
-
If I buy like that, there will come a point where my price rises more than the average unit price.
In that case, when I'm making a profit, I sell the amount corresponding to the purchase principal in installments and leave the number of coins (tokens) corresponding to the profit.
If you want cash profit, you can sell a certain portion in installments.
Also, on the contrary, when it rises by about +10%, we proceed with a split sale.
-
As shown in the example chart, you can see that there are not many cases where it rises by -10% or +10%.
However, since it occurs more often in the case of altcoins than in BTC or ETH, you should pay special attention to adjusting your investment ratio when trading altcoins.
That is why you must check the price fluctuation range 1-3 hours before a new candle is created on the 1D chart.
This method is a method that can be traded even if you lack knowledge about charts.
If you let go of your greed a little and have the ability to split sell when you are making a profit, you will be able to meet the moment when a crisis becomes an opportunity.
-
Thank you for reading to the end.
I hope you have a successful trade.
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Amazon - The +150% All Time High Breakout!Amazon ( NASDAQ:AMZN ) is hugging the previous all time high:
Click chart above to see the detailed analysis👆🏻
Amazon has been moving sideways for almost four years, consolidating between support and the previous all time high. After retesting the resistance over and over again, it is just a matter of time until Amazon will break the previous all time high and start its next major bullish cycle.
Levels to watch: $190, $500
Keep your long term vision,
Philip (BasicTrading)
ETH/USD Main Trend Pamp/Dump Cycles. Accumulation/distributionThe time frame is 1 month. The graph is logarithmic. The main trend is almost entirely from May 2016 (the network was launched on July 30, 2015). Then the “hacking” story and a fork in ETC (initial) and ETH (more centralized).
A week later, ETH will become even more centralized and no longer a cryptocurrency (a true understanding of what a cryptocurrency is). In a year or two, there will be no cryptocurrencies left. No decentralization, complete centralization (substitution of concepts, to achieve the goal).
Coin in coinmarketcap: Ethereum (ETH)
The graph shows accumulation zones and distribution zones. These are not lows and highs. Notice how the percentage of the average of the smart money set and reset prices differs from the percentage of the maximum lows and highs that the “dumb money” is so chasing. Potential lows and highs may need to be considered, but the basic work should focus on average values of the accumulation and distribution.
Here's how this main (long-term trend) looks like on a line chart without “market noise”.
1 cycle of the secondary trend.
The accumulation zone after the distribution started at -92.69
Before the exit from the accumulation and the reversal, it reset at -69%.
It is up to you to use it or just watch from the side. You should always keep it in mind.
Linear chart (trend direction without market “noise”)
Note that the super reset of -69% before the trend reversal on the line chart is simply not visible. This is all local fear for capitulation of “weak hands”.
So at such times you can use it or watch from the sidelines if you feel you are the “weak link”.
Even larger scale between the two cycles.
cycle 2 of the secondary trend Now.
The cycle is now on a larger scale. Note that the price is now down from the high of -82%
Linear graph.
Local secondary trend work now ahead of Paris.
ETH/USD Secondary Trend (part). Pivot zones. Channel. Paris
ETH Secondary trend. Channel. Potential triangle. 25 12 24Logarithm. 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
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
Trend in general for clarity now.
locally this potential triangle (it doesn't exist yet) looks like this.
Novo Nordisk ($NVO): Dominating Obesity and Diabetes Treatment
Introduction:
Novo Nordisk is leading the charge in diabetes and obesity treatments, with blockbuster drugs like Ozempic and Wegovy driving growth. 💊 With a market cap of $363.6 billion and a focus on innovation, Novo Nordisk is positioning itself for long-term success. Let’s explore why this stock could be a standout in your portfolio. 📈
Key Points
1. Financial Health and Valuation 💵
Novo Nordisk’s financial metrics showcase strong growth and efficiency:
Market Cap: $363.6 billion.
P/E Ratios: Trailing 36.22, Forward 27x.
Earnings Growth: 2025 projected EPS growth of 18-26% at CER.
Return Metrics:
ROE: 65%
ROIC: 65%
ROCE: 101.9%
Cash Flow: Free cash flow margin at 34.6%.
Debt: Debt-to-equity ratio of 14%, showcasing financial stability.
Novo Nordisk balances high growth with exceptional efficiency. 🌟
2. Market Position and Global Reach 🌍
Novo Nordisk controls 31% of the branded diabetes treatment market globally, with GLP-1 agonists like Ozempic and Wegovy leading in obesity treatments.
Global Sales Breakdown:
U.S.: 54.9%
Europe/Middle East/Africa: 21.9%
China: 7.2%
Novo’s first-mover advantage in obesity treatments gives it a strong edge despite increasing competition. 🔑
3. Strategic Investments 🏭
Novo Nordisk is scaling for the future:
Production Expansion: Investing DKK 8.5 billion in a new facility in Odense, Denmark.
Acquisitions: Added three Catalent manufacturing sites to expand production capacity.
Pipeline Progress: Positive results in IcoSema and amycretin trials are advancing Novo’s offerings into cardiometabolic treatments.
Novo’s proactive investments position it to meet rising global healthcare demands. 💡
4. Risks and Challenges 🛡️
While Novo Nordisk holds a strong market position, it’s not without risks:
Regulatory Oversight: Drug pricing scrutiny remains a concern.
Competition: New entrants in obesity treatments could pose challenges, but Novo’s lead and innovation pipeline offer resilience.
Conclusion
Novo Nordisk’s dominance in diabetes and obesity, combined with its efficient financial management and innovation, makes it a compelling long-term investment. While regulatory risks exist, the company’s strategic initiatives provide substantial upside potential. 🚀
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.
AUDCAD📉🔍 **AUDCAD Short Setup Update – Trust the Process!** 💼✨
Hey T.Y.L.A. family! 🌟
Here’s the latest on our **AUDCAD short setup**—it’s game time! Let’s break it down:
🔹 **Coordinates for Success**:
- **Entry**: **0.89593**
- **Stop Loss (SL)**: **0.90250**
- **Take Profit (TP)**: **0.88099**
- **Trailing Stop (TS)**: **30 pips**
🔹 **Why This Setup?**: The market is aligning perfectly with our strategy, giving us a high-probability opportunity while maintaining controlled risk.
🔹 **Risk-Managed Confidence**: This trade is another reminder that we stick to what works—tight stops, clear targets, and no emotional decisions.
🔹 **Steady Growth, Always**: Our focus is on consistent monthly returns of **25%**. No shortcuts, just discipline and proven methods.
📊 **Reminder for the Team**: Markets can be unpredictable, but that’s why we have a system. The trailing stop protects our gains as the trade moves in our favor, so you can rest assured that we’re managing risk every step of the way.
🔥 **Your Mindset Matters**: Doubt and hesitation have no place here. Take a deep breath, stick to the plan, and remember—you’re not doing this alone.
Let’s crush it together! Drop a 📈 if you’re in on this trade or have questions. As always, we’re here to tackle limits and grow stronger, one trade at a time.
#TackleYourLimits #TYLA #ConfidenceInConsistency
Memecoin Mania: Comparative Performance AnalysisAn in-depth visual comparison of the performance of popular memecoins over the last few days. This chart tracks the price movements and volatility of various assets such as FWOGSOL, GIGASOL, PEPEUSD, and more, highlighting the highs and lows of this speculative market segment. Perfect for traders and enthusiasts analyzing trends in the memecoin ecosystem. Which one stands out as the leader, and which ones are lagging behind? Dive into the data and share your insights!
$XVG Prediction! Daily chart..Hello Traders,
As of Late market showing sending mixed signals while BTC correcting. Altcoin market wide correction took place last couple of weeks and most coins deeply corrected! One can't be sure weather correction is fully completed or not but last few days some altcoins holding their grounds well while BTC correcting including XVG. On a daily chart $0.0018-$0.002 seems grenade proof support. Most importantly daily candle doesn't seem like want to close below $0.002 level.
When I placed Fib retracement lines , it is clear that price action following the main retracement points as it is clearly marked on the chart.
Moving Averages clearly bullish on daily timeframe while oscillators remain neutral. My favorite Chipher_B_divergence indicator flashing low green Dot! RSI indicator in the neutral zone which could mean that lots of room to go either direction.
We also have Symmetrical Triangle .As the price moves toward the apex, it will inevitably breach the upper trendline for a breakout and uptrend on rising. Traders should watch for a volume spike and at least two closes beyond the trendline to confirm the break is valid and not a head fake.
I am personally very bullish on this chart and will update this chart as we move along. We do have a different outcomes that could take a place next few months. I applied 7 different line arrows to simulate the possible price actions. Timeline is arbitrary. It could take shorter or longer time to achieve!
MERRY CHRISTMAS & HAPPY HOLIDAYS FRIENDS!Leading by Example This Christmas! 🎄
I'm out of here and going to focus on what truly matters most. Lets put the phones down, accounts to the side, and focus on Family, Faith, & Friends which are most important! Go be with them and cherish these moments! ❤️
Wishing you all a Merry Christmas & Happy Holidays, I'll be off the grid until Thursday. 🫡
theta long midterm"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
Timelapse of BTC's Daily ActionBTC Daily Action Levels Annotations
Highlight major support and resistance levels in the timelapse.
Annotate key pivot points where the price action reversed or consolidated.
Mark critical breakout and breakdown levels with arrows or boxes to emphasize their impact.
"Timelapse of BTC's Daily Action 🎥📈" Post: "Watch BTC's daily price action unfold in this timelapse! 🚀
📍 Key levels annotated to showcase their significance.
🔍 Did the market respect these levels, or did it break away?
Share your thoughts below! #BTC #Crypto #Trading"
SCALPING XAU ! Gold sideway trend DOWN⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
The US central bank indicated last week that it plans to ease the pace of interest rate cuts in 2025. This supports elevated US Treasury yields, helping the US Dollar (USD) maintain its strength near a two-year high, which limits gains for the non-yielding Gold price. With trading volumes thin, it seems wise to wait for sustained buying momentum before anticipating a continued recovery from the one-month low reached last week.
⭐️Personal comments NOVA:
Gold sideways price range 2610-2620, H1 trendline downtrend
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2618 - $2620 SL $2623 scalping
TP1: $2614
TP2: $2608
TP3: $2602
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
Buyer Be-Wired: A Deep Dive into SOUN and the Startup PlaybookFor investors diving into the buzzing world of artificial intelligence (AI) stocks, SoundHound AI Inc. (SOUN) may appear enticing. As a niche AI company specializing in voice recognition and sound processing, SOUN has captured attention with its speculative rise in the stock market. However, the company's trajectory suggests a familiar Silicon Valley narrative—one that warrants caution for retail investors. A closer look at the charts, speculative buzz, and business strategy paints a picture of a company that may not be as sound as its name suggests.
A glance at SOUN’s daily chart reveals a rollercoaster of erratic price action. The massive spikes followed by extended consolidations scream speculation rather than sustained growth. These parabolic movements are likely driven by retail investor excitement, rather than a reflection of strong fundamentals. Volume surges during these spikes suggest FOMO (fear of missing out) behavior from buyers who may not fully understand the risks. For disciplined investors, this kind of volatility should raise red flags, not opportunities.
SOUN’s story fits neatly into the classic Silicon Valley “build, pump, and sell” playbook. This strategy, often seen in niche startups, involves developing a highly specialized product, generating buzz, and positioning the company for acquisition rather than long-term independence. SoundHound’s focus on voice recognition and sound processing positions it as a potential component of a larger ecosystem rather than a standalone powerhouse. The company’s niche focus might be valuable to a tech giant seeking to bolster its voice assistant or AI capabilities, but it does little to inspire confidence in its ability to sustain itself independently.
Speculative interest in SOUN likely stems from broader AI hype. The success of major players like NVIDIA has spilled over to smaller, less proven companies in the space. Social media platforms such as Reddit and Twitter (X) are notorious for amplifying small-cap stocks with big promises, and SOUN’s name may have ridden that wave. Additionally, the buzz surrounding its public debut or initial product announcements could have drawn in retail investors, further inflating its speculative valuation.
Startups like SOUN often face significant risks. Their business models typically prioritize scaling over profitability, leading to cash burn and reliance on external funding. For a company like SOUN, the ultimate goal is likely an acquisition by a larger player such as Google, Amazon, or Apple. However, if this exit strategy fails to materialize, the company could struggle to sustain itself, leaving retail investors holding the bag.
SOUN’s story underscores several key lessons for investors. First, it’s crucial to understand a company’s business model and long-term goals. Not every company is building for independence or market dominance; some are simply setting themselves up for acquisition. Second, technical analysis can provide valuable insights into a stock’s behavior. Erratic movements and volume-driven spikes are often signs of speculative activity, not stability. Finally, sticking to a disciplined strategy is essential. If a stock doesn’t align with your trading matrix or risk tolerance, it’s better to pass—no matter how much buzz surrounds it.
While SOUN’s niche positioning and speculative potential may appeal to thrill-seeking traders, it remains a high-risk play with more questions than answers. For long-term investors, the company’s reliance on hype and the possibility of acquisition makes it speculative at best. Before diving into stocks like SOUN, remember not every shiny opportunity is gold. Buyer beware—or in this case, buyer be-wired.
-For a detailed look at SOUN’s cash flow and financial health, you can review their financials on Yahoo Finance
Wajani InvestmentsAUDCHF 12/24/2024
Bears are currently in control as seen from the LH (0-2) . If structure 2 is maintained (not broken to the upside) and respects the support to the left i.e support becomes resistance, then Option 1 stands.
However, if structure 2 is broken, we look for a reversal at point 1 for the Option 2 to hold. However, if structure 1 is broken (price moves above 1) the bearish move is nulled.
Remember, the market is patience and good risk management. Always create rules to avoid emotional trading.
Let me know your thoughts and this is for educational purposes ONLY.
Wajani InvestmentsGBPJPY 12/24/2024
Bulls are currently in control as seen from the LH (0-2). Bulls still in control after the retracement following the long move from 1 to 2. If structure 3 (support becomes resistance) is broken to the downside, this trade is nulled. However, strong bullish presence is shown with the large bullish rejection candle.
Remember, the market is patience and good risk management. Always create rules to avoid emotional trading.
Let me know your thoughts and this is for educational purposes ONLY.
BTC correction support and resistance
BTC had reached the top based on the two lows on 21-Nov-2022 and 11-Mar-2024.
If we use the price 15,476 as a reference to project an angle 3 x 15.476 ~= 46.44 degree (you may also use a 45 degree), as well, using the price 38,555 to project 1.5 x 38.555 ~= 57.83 degree, they both formed a major resistance of this BTC swing. We may find support at levels using 2x and 1x the angles projected from the 2 BTC low on the chart.
DOGE parabolicHello,
I would like to draw your attention to the Blue forecast. This is a long range favorite for what DOGE does in these excited runs. Can you imagine a $69 Doge by mid February? Wowser!
There must be an unlimited money supply out there…. Ah yes… flowing in to the crypto sphere from black rock ETF through BTC and ETH. Bu those insane prices already anticipated this ETF… buy the rumor, sell the news.
And after everyone dumps BTC… what are they gonna do with it? The DOGE tribe is growing… and bound by LOVE.
Love is the future… fear and greed the past.
SMCI - Golden opportunity sitting right in front of us?We'll have to see how this one plays out but the R:R here is extremely enticing with the upside we've seen as recently as 3 months ago. Will be looking for confirmations but this might be the type of situation where I will add as we get that initial tap - because this zone we're approaching has so much liquidity built in and is primed as support.
Happy Trading :)