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. 📈
Bullish Patterns
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.
✅LIKE AND COMMENT MY IDEAS✅
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
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Timeframe:1D
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
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. 🚀
Ethereum (ETH) – Bullish Outlook for 2025Technical Outlook:
Bullish Trend: Ethereum has confirmed a bullish trend across all time frames, indicating strength and continued upward momentum.
Resistance Zones: A breakout above the $4,100-$4,200 zone, forming part of a saucer pattern, could trigger a rally toward the $5,400-$5,600 region. This marks a key resistance level, and clearing it could set Ethereum on a path to new highs.
Long-Term Target: With the $8,000 target in sight for 2025, Ethereum holds substantial upside potential, especially if it continues to maintain bullish momentum in the short term.
Support Levels:
$3,300-$3,500: As long as Ethereum holds support above this range, the bullish momentum remains intact, with potential for further price appreciation.
Key Takeaways:
Bullish Setup: Ethereum's bullish trend is solidifying, and as long as it stays above critical support levels, the outlook remains positive.
Next Target: A breakout above $4,100-$4,200 could signal the start of a significant rally toward $5,400-$5,600, with the potential for even higher levels in 2025.
Long-Term Optimism: Ethereum is poised for strong gains in 2025, with an $8,000 target potentially within reach.
Conclusion: Ethereum's technical setup suggests a strong bullish continuation heading into 2025, with a focus on $4,100-$4,200 as a key breakout point for a rally toward new highs. Holding support above $3,300-$3,500 remains crucial for the bullish outlook.
GDS Holdings (GDS) AnalysisCompany Overview:
GDS Holdings NASDAQ:GDS , a leading provider of high-performance data center solutions in China and Southeast Asia, is well-positioned to benefit from the exploding demand for data centers driven by cloud adoption, AI proliferation, and digital transformation across the region.
Key Catalysts:
Capital Injection to Fuel Growth:
GDS secured an upsized Series B equity raise of $1.2 billion, led by key backers like SoftBank Vision Fund and Kenneth Griffin, reflecting significant investor confidence.
The capital will enable GDS to develop over 1 GW of new data center capacity, fast-tracking its expansion plans across its key markets.
Strong Regional Demand:
Rising data consumption and the rapid digitalization in China and Southeast Asia position GDS to capitalize on surging regional demand for premium data centers.
GDS’s established expertise and strategic partnerships further solidify its leadership in these high-growth regions.
Long-Term Revenue Growth:
The investment supports GDS’s long-term ambitions to increase scale and market share, enabling sustainable revenue and margin growth.
Investment Outlook:
Bullish Outlook: We are bullish on GDS above the $17.50-$18.00 range, driven by its strong expansion strategy, favorable market conditions, and robust investor backing.
Upside Potential: Our upside target for GDS is $34.00-$35.00, reflecting substantial growth opportunities in data center infrastructure and the company’s ability to execute its large-scale development plans.
🚀 GDS—Expanding Capacity to Meet Surging Data Center Demand in Asia. #DataCenters #TechInfrastructure #GrowthMarkets
Pan American Silver (PAAS) AnalysisCompany Overview:
Pan American Silver NYSE:PAAS , a leading precious metals producer in the Americas, is strategically positioned to benefit from the rising prices of silver and gold, driven by global economic uncertainties and inflationary pressures. As investor interest in precious metals grows, PAAS stands out for its robust operations and efficient portfolio management.
Key Catalysts:
Organic Growth Focus:
PAAS has increased its 2024 drilling budget to over 450,000 meters, highlighting management's confidence in its exploration prospects.
This aggressive exploration strategy signals long-term production growth and resource expansion.
Portfolio Optimization:
The company secured Investment Canada Act approval for the $245 million sale of its La Arena gold mine and La Arena II project in Peru to Zijin Mining Group.
This transaction demonstrates PAAS’s commitment to unlock value from non-core assets and focus on its most profitable operations.
Precious Metals Momentum:
Rising gold and silver prices, fueled by inflation concerns and economic uncertainty, enhance revenue potential for PAAS.
As a top-tier producer with diversified operations, the company is well-leveraged to capitalize on higher commodity prices.
Investment Outlook:
Bullish Outlook: We remain bullish on PAAS above the $20.00-$21.00 range, supported by strong fundamentals, rising metals prices, and a clear focus on organic growth.
Upside Potential: Our target range for PAAS is $34.00-$35.00, reflecting the company’s ability to grow production, optimize its portfolio, and benefit from favorable macroeconomic trends.
🚀 PAAS—Capitalizing on Rising Precious Metal Prices and Strategic Growth. #Gold #Silver #MiningGrowth
Potential X10 TOP RWA $ONDO A significant bullish on LSE:ONDO has proved that it is one of the winner token in this cycle, besides the prices that going up, LSE:ONDO is also a token that has good fundamental that backed by Black Rock, Founder Funds, Pantera Capital, and Coin Base. LSE:ONDO also (rumored) being bought by Donald Trump which makes it easy x10 for $ONDO. At this time LSE:ONDO valued at 2$ which still undervalue so much. what is on your thought about LSE:ONDO ? lmk
Bitcoin at a Critical Crossroads Breakout or Breakdown? Bitcoin is currently trading within a bullish channel. If it can break out to the upside, the next target is $111,271.50. However, there’s a significant resistance level at $103,618.77. The DMI (Directional Movement Index) is signaling bearish momentum, indicating a decline in buying pressure. As a result, Bitcoin is struggling to overcome this resistance. If the price fails to break through, a pullback to $98,194.75 is likely.
At this moment, Bitcoin is at a critical juncture. A decisive break above resistance could extend the bullish trend, but failure to do so could trigger a deeper correction. If selling pressure intensifies, the next major support level is at $92,000, with potential downside momentum driving the price further to $87,247.04.
Given the current technical indicators, it appears that bullish momentum is tapering off as we approach year-end. While hopes for a $200,000 Bitcoin in 2025 remain alive, a challenging period may be ahead in the short term.
Don’t forget to hit that like button and stay tuned for more updates!
TAO - Don't Underestimate it!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈TAO has been bullish , trading within the wedge pattern in blue.
Currently, TAO is in a correction phase approaching the lower bound of the wedge.
Moreover, the $500 is a strong round number!
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of support and lower trendline acting as non-horizontal support.
📚 As per my trading style:
As #TAO is around the blue circle, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
GBPCHF Potential UpsidesHey Traders, in tomorrow's trading session we are monitoring GBPCHF for a buying opportunity around 1.12200 zone, GBPCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.12200 support and resistance area.
Trade safe, Joe.
Gold Is Approaching An Important SupportHey Traders, in today's trading session we are monitoring XAUUSD for a buying opportunity around 2635 zone, Gold is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 2635 support and resistance area.
Trade safe, Joe.
How far ETH will pull back? Potential Future PathIn this chart, all bull trends are in green and bear trends in red, the the longer/ more tested, the stronger the line.
-The dark red line in the bottom corner was a descending trend we had since over a year ago
-We broke out and established a strong ascending trendline and an ascending channel that was about 15 degrees lower slope. And actually at the same time it confirmed the upward channel, it started the downward channel, recently confirmed.
-The other battle here is we lost that strong dark dark green ascending support line and then we came back up and took it back, got rejected and then tried numerous more times to break it before giving up and losing ground.
* Once again we will need to decide which channel we want to maintain, the ascending green channel or the newly formed descending red channel
* I drew some lines of what seems Potential Future Paths, based on my interpretation of the current chart
*Each set of eyes are where you want to be paying attention should we make it to this area.
Roughly this chart infers.
Possible downside
ETH: $3650-$3550 | bullish | If we maintain this green Ascending channel
ETH: ~$3450 | Possible short term bear
Possible Upside:
Look for resistance around $3950 after testing channel bottom.
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Orderbooks:
Currently orderbooks are strong but we did have the first significant dip in trader confidence we have had in a long minute with the recent sharp pullback but asks are back up to a very stable level. A recent uptick in in bids at 100% DOM, infers traders think there is some more pullback possible though this could be short lived. This is per coinmarketflow, using the new TV charts on ETH.
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Longer Term:
Note, that is 1 hour candles, here is the same chart with 1d candles:
* Notice we are in a looong term ascending trend and we still have a ways before we test our theoretical top of channel but also there is a lot of room for this to fall, ETH could fall to $2500 in the next days to months and it would still be in an overall longterm ascending pattern with numerous proofs of support over the years.
This is my research based on trend analysis and orderbooks. You should always do your own research, maybe my research will help add to your own and work out as a win.
Is DXY Heading Above Previous High?Hey Traders, in today's trading session we are monitoring DXY for a buying opportunity around 106.800 zone, DXY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 106.800 support and resistance area.
Trade safe, Joe.
USDCHF Is Nearing An Important Support With CHF WeaknessHey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around 0.88650 zone, USDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.88650 support and resistance area.
Trade safe, Jie.