USOIL is Nearing A Decent SupportHey Traders, in today's trading session we are monitoring USOIL for a buying opportunity around 69.20 zone, USOIL is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 69.20 support and resistance area.
Trade safe, Joe.
Bullish Patterns
Gold Is Nearing The Daily Support That Intersects With The TrendHey Traders, in today's trading session we are monitoring XAUUSD for a buying opportunity around 2620 zone, Gold is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 2620 support and resistance area.
Trade safe, Joe.
INJ Long Swing Trade OpportunityMarket Context:
INJ has entering a key area of support, offering a strategic opportunity to ladder into a long spot trade. This swing trade setup allows for strong upside potential while maintaining clear risk management.
Trade Details:
Entry Zone: Between $22.55 - $23.50
Take Profit Targets:
$31.00 - $35.50
$45.00 - $50.00
Stop Loss: Just below $21.00
This setup provides an excellent risk-to-reward ratio for a swing trade as INJ consolidates within support, setting up for potential upside continuation. 📈
USDCAD: Consolidation Phase Towards The TrendHey Traders, in today's trading session we are monitoring USDCAD for a buying opportunity around 1.42800 zone, USDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.42800 support and resistance area.
Trade safe, Joe.
USDJPY Is Nearing The 153.400 Support Along With The TrendHey Traders, in today's trading session we are monitoring USDJPY for a buying opportunity around 153.400 zone, USDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 153.400 support and resistance area.
Trade safe, Joe.
BTC DECEMBER FOMC Going into FOMC the consensus is we'll see a 25bps cut from the FED (95% chance), this would take interest rates from 4.75% to 4.5%. Because the expectation of a cut is so certain, we can assume that the markets have priced this in so baring any craziness in the form of a different result we should see market sentiment remain the same, bullish.
A FED pause,(although unlikely according to data) would be very bearish in the the short term in terms of volatility. I would expect to see price revisit the $98-99K mark where the 4H 200EMA would roughly be. In a bullmarket the 4H 200EMA can be used as a great support level often bouncing off of it.
For a 25bps cut which is the expected outcome, we have two paths IMO. The bullish path is consolidation under the ATH then a break above, retest and off we go towards $110,000. The bearish path is a loss of this key S/R level after a consolidation above support and break under with a confirmed retest of new resistance. I know it's typical "could go up, could go down", however it's the context that matters here.
Alts have taken a back seat for the last week or so, BTC.D at a key level and a rejection off this level would mean alts can play catch-up while as BTC consolidates. We very rarely see BTC drop and altcoins pump so this is the most likely outcome to me baring no upsets in FOMC.
HBAR/USDT: Breakout Alert: 50%+ Upside Incoming?🚀 Hey Traders! 👋
If this setup speaks to you, hit that 👍 and smash Follow for trade ideas that actually deliver! 💹🔥
HBAR Looks Ready to Fly! 📈
HBAR is breaking out of a symmetrical triangle on the 4-hour timeframe—a classic bullish signal! Momentum is building, and we’re eyeing a 50-60% upside move. Now’s the time to position smartly:
🔹 Entry Range: CMP and accumulate up to $0.295
🔹 Targets: $0.328 / $0.366 / $0.412 / $0.444 / $0.495
🔹 Stop-Loss: $0.27
🔹 Leverage: Keep it low (Max 5x) ✅
💬 What’s Your Take?
Are you seeing the same explosive breakout potential? Drop your analysis, thoughts, or predictions below! Let’s ride this setup together and lock in those gains. 💰🌊
🔔 Stay Tuned for More Winning Setups!
Hit Follow, pin us to the top, and never miss the next big move! 🚀📊
AUD/CHF BULLS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
It makes sense for us to go long on AUD/CHF right now from the support line below with the target of 0.566 because of the confluence of the two strong factors which are the general uptrend on the previous 1W candle and the oversold situation on the lower TF determined by it’s proximity to the lower BB band.
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NZD/CHF SENDS CLEAR BULLISH SIGNALS|LONG
Hello, Friends!
Bullish trend on NZD/CHF, defined by the green colour of the last week candle combined with the fact the pair is oversold based on the BB lower band proximity, makes me expect a bullish rebound from the support line below and a retest of the local target above at 0.514.
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"Breakout Confirmed: MEME/USDT Poised for 250% Gains – Don’t MisHere’s an overview of the MEME/USDT chart, pointing out its potential to increase in value by 250% or more in the next few months.
Important Findings
Breaking above a downward trend line.
A clear downward trendline was crossed in early November 2024, showing a change from a negative to a positive outlook.
After the price increased, it has now become steady, which means people might be gathering more before the next big change.
Important Support Points:
0. 01262 (current breakout level): This is a key level for support right now.
Below this, 0. 01200 acts as strong support, keeping the price above important low points.
Important Levels Where Prices Might Stop Rising (Target Areas):
0. 02122: The first big obstacle. If it goes above this point, it could start a big rise.
002500: The next goal after breaking out, which is the same as the last highest point.
003311: A medium-term goal that matches earlier supply areas.
004732: This is the last key resistance point, which could lead to a profit of about 250% to 300% from the current price.
MACD Analysis: Understanding MACD is about looking at two moving averages to help predict the price trends of a stock. It can tell us when to buy or sell by showing the momentum of price changes.
The CM_Ult_MACD and MACDRe indicators suggest that momentum is slowing down and may start to go up soon.
When the histogram shows positive divergence and the red bars are getting smaller, it might mean that there is a chance for more upward movement in the market.
Amount and Market Setup:
The amount of trading seems stable after the price went up, showing that the market is settling down.
A big increase in trading activity when prices go up can show that investors are interested and that the upward trend will keep going.
Story of Investing for Medium-Term Profits
Technical Breakout Setup: The price has moved up from a long period of decline and is now settling down, which suggests that people are starting to buy more.
Risk-to-Reward Ratio: There's a small chance of losing money at the support level of 0. 012, but there's a big chance to make money, reaching between 0. 03311 and 004732
250% Target Reason: The main resistance points match up with past price patterns and show a slow return to a positive trend.
Planning When to Start and Stop:
Start buying at a price around 0. 01239 to 001262
Stop-Loss: Under 0. 01200 (a solid support area).
Profit Goals:
0. 02122 (Goal for the short term: about 75% increase)
0. 03311 (Goal for the middle of the term: about 150% increase)
0. 04732 (Goal: about 280-300% profit)
This chart setup provides:
Low risk with a clear point to stop losses.
Big chances for profit with possible returns over 250%.
A clear confirmation of a breakout and positive MACD signals are boosting confidence in continued price increases.
FEDEX AT MY LEVEL DEC17 2024Last post about FEDEX when it was trading around 284 was to wait for 275s. Here we are at 275 &expect to hit all time high or at least 315 asap.
I don't trade news so I am not worried about earnings.
I am a price action trader.
Trade safely as per you RR & risk tolerance levels.
ALU Long Spot Trade OpportunityMarket Context:
Altura (ALU) has delivered an impressive rally and is now poised for a healthy retracement to retest the previous resistance as support at the $0.08 zone. This setup offers a solid risk-to-reward opportunity if price holds this level.
Trade Details:
Entry Zone: Around $0.08
Take Profit Targets:
$0.16
$0.24
Stop Loss: Daily close below $0.07
This setup capitalizes on ALU's pullback to support, aiming to catch the next upward expansion. 📈
ROSE Long Spot Trade OpportunityMarket Context:
ROSE is showing renewed strength after rallying into its first resistance at $0.15. The price is now retracing towards the golden zone, with strong confluence at the 200-day EMA near the $0.085 support level. This setup presents a favorable risk-to-reward opportunity for an upward continuation.
Trade Details:
Entry Zone: $0.085 – $0.10
Take Profit Targets:
$0.18
$0.28
$0.42
Stop Loss: Daily close below $0.07
This trade combines a strong support zone with clear upside targets, providing a well-balanced setup for capturing further momentum. 📈
Ripple Is Still Eyeing All-Time HighsRipple is in strong and impulsive rise after we spotted a bullish break out of a larger weekly bullish triangle pattern. It's actually already at 2.9 area and there can be easily space up to 3.3 all-time highs area. Looking at the 4-hour time frame, we saw a nice extension higher within wave (3), so after current wave (4) correction that can be completed as a nice and clean A-B-C flag pattern with textbook support from 2021 highs, be aware of another push to the upside for (5).
Just in case if Ripple stay sideways for a longer period of time, then we might even consider a bullish triangle pattern in wave (4), but sooner or later we can expect further rally within wave (5) towards all-time highs area.
Why XRP Is higher?
The reason for this push higher on ripple, which has been outperforming in the last few weeks, is the upcoming launch of Ripple USD (RLUSD). Ripple USD (RLUSD) is a new stablecoin aimed at bridging blockchain and traditional finance. "Designed for enterprise use, RLUSD focuses on stability, efficiency, and transparency, enhancing Ripple’s cross-border payments and meeting the demand for USD transactions".
GOLD BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
GOLD pair is in the uptrend because previous week’s candle is green, while the price is clearly falling on the 2H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 2,662.621 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is likely.
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Renzo (REZ)REZ Analysis
🔹 Overall Status:
After an initial drop, REZ coin has been fluctuating within a range box (yellow zone) between 0.03070 - 0.05034 and has recently broken above the upper limit of the box, moving upwards. Currently, the price is pulling back to this broken range zone.
🔹 Key Levels:
1️⃣ Support Levels:
Bottom of the range box: 0.033 - 0.030
0.618 Fibonacci retracement: Current potential support area
2️⃣ Resistance Levels:
Daily resistance zone (red): 0.065
Bullish Targets:
First Target: 0.17279 - 0.21604 (1 Fibonacci level)
Second Target: 0.40065 - 0.50092 (1.618 Fibonacci level)
Third Target: 2.09323 - 2.61712 (2.618 Fibonacci level)
🔹 RSI and Entry Signals:
RSI is currently in an ascending channel on the daily timeframe and is at the bottom of the channel, suggesting potential support and continuation of the uptrend.
A move of RSI into the overbought zone, along with a breakout of key resistances, could signal a stronger entry point.
🔹 Scenarios:
✅ Bullish Scenario:
If the price stabilizes above the 0.065 daily resistance (red) with increasing trading volume, a move towards Fibonacci targets becomes more probable.
⚠️ Bearish Scenario:
If the price fails to stabilize above resistance, a correction towards the range box bottom (0.033 - 0.030) could occur.
🔹 Trading Volume:
Monitoring the increase in volume when breaking the daily resistance is crucial, as it could signal a sharp move.
🔹 Conclusion:
Safe Entry: After price stabilizes above the red resistance zone with increased volume.
Risky Entry Zones: Near the range box support levels and 0.618 Fibonacci retracement.
📊 Confirmations:
Breakout of daily resistance with high volume
Support from RSI at the bottom of the ascending channel
Reaction to Fibonacci levels
🔑 Recommendation: Always prioritize capital management. Set a stop-loss at the breakdown of the 0.030 support zone.
VANRY/USDT: 50% PROFIT POTENTIAL SETUP!!🚀 Hey Traders! 👋
If this analysis hits the mark for you, don’t forget to smash that 👍 and hit Follow for premium trade setups that actually deliver results! 💹🔥
VANRY Looking Strong! 📈
VANRY is forming a symmetrical triangle on the 4-hour time frame and is holding the lower trendline like a champ. A solid bounce looks imminent from here. This could be your chance to catch a big move early! 🚀
📌 Trade Setup:
Entry Range: CMP and add more up to $0.138
Targets: $0.16 / $0.178 / $0.192 / $0.214 🎯
Stop Loss: $0.132 (Keep risk in check)
Leverage: Low leverage only (Max 5x)
💬 What’s Your Take?
Are you seeing the same breakout potential? Drop your thoughts, analysis, or predictions in the comments—let’s strategize and ride this wave together for massive profits! 🌊💰
👉 Stay tuned for more winning setups! 🚀💹
$AMD DOUBLE BOTTOM EASY $175 BY NEXT EARNINGA double bottom pattern is a traditional technical analysis chart formation that signifies a significant trend reversal and a shift in momentum from a previous downward movement in market trading. It depicts a security or index experiencing an initial decline, followed by a rebound, then another decline to a level similar to the initial drop, and finally a subsequent rebound that may lead to a new uptrend.
- PlayStation 6 Processor Contract : NASDAQ:AMD has secured the contract to supply processors for the upcoming PlayStation 6, surpassing Intel. This agreement ensures the sale of millions of custom chips and generates billions in revenue, solidifying AMD's position in the gaming console market.
- Strong Financial Performance: NASDAQ:AMD reported remarkable revenue growth, with a 17.57% increase in the third quarter of 2024. This performance underscores AMD's robust market position and profitability.
-AI and Semiconductor Supercycle: The semiconductor industry, including NASDAQ:AMD , is poised to benefit from the rising demand for AI-related products and services. This trend is expected to drive further growth and profitability for AMD.
Positive Analyst Ratings: Numerous analysts have given NASDAQ:AMD a "Strong Buy" rating, with price targets ranging from $155 to $250. This optimistic outlook suggests significant potential gains in AMD's stock value.
AS OF 12/16/2024
RSI (14) 33.31
52W Low 3.99%
SUI - Get ready for 15$#SUI/USDT #Analysis
Description
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+ SUI is currently trading within the range and heading towards a new all time high
+ The pattern looks similar to MATIC pattern in the last bull run
+ Im expecting a reasonable target of 15
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VectorAlgo Trade Details
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Entry Price: 4.7
Stop Loss: 3.0
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Target 1: 6
Target 2: 8
Target 3: 11
Target 4: 13
Target 5: 15
------------------------------
Timeframe:1D
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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VectorAlgo
NEAR Long Spot Trade OpportunityMarket Context:
NEAR continues to demonstrate strength, presenting a solid opportunity for a long spot trade. The structure shows clear upward momentum, offering a favorable risk-to-reward ratio for entries within the identified range.
Trade Details:
Entry Zone: $5.85 – $6.50
Take Profit Targets:
First zone: $8.25 – $9.00
Second zone: $10.75 – $12.00
Stop Loss: Just below $5.50
This setup is well-defined, combining strong entry levels with clear profit targets while maintaining disciplined risk management. 🚀