Shorts
SUIUSDT - SHORTS and LONGS!SUI USDT is ideally at such a great position one can imagine to trade this coin as per the doodles drawn. 4.1234 ideal buys for buyers and shorters targets till there, i would inititate buys only when it reaches the point marked in green box, and anywhere if the purple doodle happens, would short from there if it happens, thats a more evident thing to happen!
Short Bitcoin (BTC) (For Study Purpose Only)Short Recommendation
Entry Level: Below $94,000
Stop Loss (SL): $111,111
This surge has been largely attributed to President-elect Donald Trump's pro-cryptocurrency stance, including promises of deregulation and the establishment of a national strategic Bitcoin reserve.
However, concerns are emerging regarding Bitcoin's current valuation. Analysts warn that the market may be overheating, with some predicting a potential correction of up to 35%.
COINTELEGRAPH
Additionally, Federal Reserve Chair Jerome Powell has stated that the U.S. central bank cannot hold Bitcoin, which has introduced uncertainty into the market.
This analysis is for educational purposes only. Always consult your financial advisor before making any investment decisions. Cryptocurrency trading involves significant risk, including the potential loss of capital. Ensure to evaluate your risk tolerance and conduct thorough research.
AUDCHF The Target Is DOWN! SELL!
My dear friends,
Please, find my technical outlook for AUDCHF below:
The price is coiling around a solid key level - 0.5674
Bias - Bearish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 0.5637
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
CPOOL Hanging man CS more red to come?CPOOL on daily
The chart on CPOOL looks rather bearisch with high wicks and a massive hanging man candlestick.
After a nice run up this could signal the cool down for CPool. The RSI was overbought for a few days and did withdraw with a small way into the higher mid range before popping up again.
With BTC making new ATH the market is awaiting the storm as it seems.
Can we get a nice cooldown from here and see a nice entry or will CPOOL pick up the uptrend and steam on to new highs?
I would be carefull with leverage longs at this point
Correction to $850-920 essential for keeping the uptrend healthy- Price is overextended and investors are treating NASDAQ:COST as the growth stock than a safe quality stock. Price/Earnings ratio is around 60 which his historical high on the other hand the company is growing single digits.
- With wage growth stalling and with uncertain macro, it's unlikely that majority of people will stock groceries for a month in advanced. Many folks are shopping weekly/bi-weekly from Walmart instead.
USOIL: Bearish Continuation & Short Signal
USOIL
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell USOIL
Entry - 71.02
Stop - 71.82
Take - 69.48
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
BANKNIFTYHi guys,
In this chart i Found a Demand Zone in BANKNIFTY CHART for Positional entry,
Observed these Levels based on price action and Demand & Supply.
*Don't Take any trades based on this Picture.
... because this chart is for educational purpose only not for Buy or Sell Recommendation..
Thank you
Fraser's Group - negative From the bottom of the pandemic they went from 180 to 995.
In Oct 24 they broke to the downside after forming a triangle pattern from July 22 to Oct 24.
There was no indication that the price would break out to the upside from that pattern.
In technical analysis, the target for Shorters would be 409.
GLA and DYOR. This is not a solicitation to hold or trade.
Analysis of the U.S. Dollar Index (DXY)Technical Analysis
Monthly Chart:
Since January 2023, the DXY has been moving within a range. The upper boundary of this range was marked by the 107.348 level, which has now been cleared. This breach of the previous high suggests that liquidity above the range has been taken, signaling the potential for a downside move. Historically, such liquidity grabs often precede significant reversals, aligning with the current bearish setup.
Daily Chart:
On the daily timeframe, the DXY displayed a sharp decline after taking out its last significant high. This aggressive sell-off has formed a strong bearish pattern, indicating a potential continuation to the downside. The presence of strong bearish momentum highlights sellers' dominance in the current market conditions, reinforcing the bearish outlook initiated by the liquidity grab on the monthly chart.
Price Targets:
Short-Term Target: A move toward 104.636 is expected as the DXY continues its bearish momentum, which aligns with immediate support and prior structural lows.
Medium-to-Long-Term Target: If the bearish trajectory persists, the DXY could reach the 101.917 level, which aligns with a significant support zone from previous price action. This target reflects the potential for extended downside in a broader bearish scenario.
Fundamental Analysis
Federal Reserve and Interest Rates:
Recent minutes from the Federal Reserve highlight concerns about continuing rate cuts due to the potential risks they pose to inflation. The Fed has signaled that further rate reductions would only be considered if both the labor market weakens and inflation continues to decline. However, these two factors are closely intertwined.
Labor Market Conditions:
Historically, the months of November and December exhibit strong employment trends due to holiday hiring. This seasonality reduces the likelihood of immediate rate cuts, as a robust labor market typically does not align with the conditions necessary for easing monetary policy.
Inflation Outlook:
For the Fed to proceed with aggressive rate cuts, inflation figures would need to remain stable or show further declines. If unemployment rises and inflation remains under control, the Fed may have room for another round of cuts. Such a scenario would support a long-term bearish outlook for the DXY, as lower interest rates reduce demand for the U.S. dollar.
Summary and Outlook
Technically, the DXY is positioned for further downside following the liquidity grab above the 107.348 level and the subsequent bearish pattern on the daily chart. Fundamentally, while seasonal strength in the labor market may delay immediate bearish moves, the broader macroeconomic context suggests that eventual rate cuts are likely.
Key factors to monitor include:
Unemployment data in the coming months.
Inflation trends to confirm stability or further declines.
Any changes in the Fed’s tone regarding rate policy.
Price Expectations:
In the short term, we could see the DXY reach 104.636, reflecting a retracement toward a key support zone.
In the medium to long term, the DXY is likely to target 101.917, aligning with major support from prior price structures and further confirming the bearish outlook.
If unemployment begins to rise and inflation remains under control, these targets become even more probable, reinforcing the alignment between technical and fundamental factors.
She Say A BOOM,BOOM... Now, I Say BOOMYES! Old CoinSLayer learned his lesson on this one! haha
I must say that moment in time sure did sting EEEP 😬
Well any who I got my bags packed and I ama ready to go very nice! Interstellar mission and #XRP ani't the only ship I'm flyin in...
YOLO Moonboyz🌛 If you feel so inclined to do so.
🚽👄Toilet Mouth: "Why do all your post say Short!?"
⭐Not my job to tell you to buy or sell entries matter to most I only care about my exits.
⭐Let each person determine their cost to acquire and choice to play or not.
No Advice to give just thoughts that I can't shake after the last 8 years in the world of "CRYPTO"
Things 🤷♂️ #Fixed IDK!
🙏 FOR JUST A HEALTHLY PULLBACK! Teeheeheeee
""KEEP CALM AND MANAGE THY RISK & BALANCE your Senses!""
I am The CoinSLayer New And Improved 👨💻😈
P.S. Now witha bag!
P.S.S. well two or Ten
GBP/USD: Relief Rally or Just a Pause Before the Next Drop?GBP/USD: Relief Rally or Just a Pause Before the Next Drop?
GBP/USD has been locked in a prolonged downtrend, but recent price action shows signs of a relief rally to the upside. Could this mean the bears are finally running out of steam?
Not so fast. While the bounce might be tempting for bulls, it’s essential to consider the bigger picture. The downside momentum isn’t entirely out of the equation just yet. Here’s why:
Trend Analysis
The long-term downtrend remains intact. Key resistance levels are looming, and the recent upward move might simply be a retracement within the broader bearish structure.
Market Cycles
Markets often move in cycles, and GBP/USD appears to still be in the middle of a downside cycle. Relief rallies like this are common before the next leg lower, catching overly eager buyers off guard.
Fundamental Backdrop
The GBP/USD pair is influenced by various factors, including UK economic data, US interest rate dynamics, and market sentiment. As of now, the fundamentals still favor the dollar, adding pressure to the pound.
Trade Idea
Short-Term Bulls: If you’re considering the upside, proceed with caution and manage your risk. Look for clear confirmation of strength above key resistance levels before committing to a bullish bias.
Long-Term Bears: Stay patient. This relief rally could offer an excellent opportunity to short the pair at higher levels, aligning with the overall downtrend.
XRP - Short term Bearish - long term BullishHey Trader!
Is now the right time to buy some XRP? Let’s take a closer look.
XRP/USDT - Symmetrical Triangle Suggests a Breakout Is Coming
XRP/USDT is currently consolidating within a symmetrical triangle on the 1-hour chart—a classic pattern that reflects market indecision and often signals an impending breakout. The price is trading between critical support at $1.29 and resistance at $1.54 , with a broader resistance level at $1.64 , representing a recent high. This phase of consolidation suggests the market is gearing up for a decisive move, either up or down.
The Relative Strength Index (RSI) is currently at 36.96 , indicating bearish momentum but approaching oversold territory. If the RSI dips below 30 , it could signal that sellers are losing strength, increasing the likelihood of a rebound. However, for a stronger bullish case, the RSI would need to rise above 50 , as bearish sentiment still dominates for now.
From a technical standpoint, a bullish breakout would occur if the price pushes above the triangle’s upper boundary and clears the $1.54 resistance. This could pave the way for a move toward $1.64 or higher. Conversely, a bearish breakdown below the $1.29 support would confirm sellers' dominance, potentially triggering a drop to lower levels.
This symmetrical triangle highlights a period of consolidation and mounting tension, with a breakout imminent. Traders should pay close attention to the direction of the breakout to position themselves accordingly.
Will the bulls regain control and push XRP higher, or will the bears take the upper hand? Stay tuned—this is a setup you don’t want to miss! 🚀📉
What are your thoughts on Gold? Possible Rally??Could we see a rally back to Structure break or Area of Interest???
-Price has broken through and retested Bullish Trend line
-Price has broken through Structure Swing Low
- LH Created
Thesis: Wait for price to pull back to 1)Structure break or 2) Area of interest
Notes:
bearish run is rejecting Daily lvl 2558 W/ Massive rejection wick.
1) Rally to Area of Interest would be around 50% prz. (Head & Shoulders R Pattern)
2) Rally to Structure low (MSS) would be a 23.6prz.
What's the fate of EURUSD?market may likly push lower to try to form a lower low or a double bottom, whatever be the case, we can still make a 1:4 trade this week from this pair. This pair has being bearsh for over a month and may likely continue, but there may be a major pull back to the monthly fib zone. so watch out for that retracement and pay attention to taking out your short profits
US DollarLooking at historical events, Specially heading into 2025 as a year where we could see sharp declines in the stock market as rebalancing commences early in 2025. The US dollar has enjoyed a lot of support over the last couple of months. and could still enjoy more, but as a long term investor and position trader im not interested in buying USD at these levels as COT index is showing imminent signs of reversals coming. Coupled with Seasonality it could happen in December. ill await clearer shifts on lower time frames for an entry. retail traders also are 80% long EURUSD, the moment they start selling i will buy and hold.
What are your thoughts on what's to come for SPX500?I think we're in for a sell to the previous structure high. Obviously a "Counter trend entry" to ride until we return bullish. Just my Thoughts.....What's your opinion?
Thesis: Bearish Bias break and retest (however either play is at hand). Wait for a break and retest
Notes: Every Bull run has had a correction to the previous structure high. Following that trend.
A Retest would be a 50% prz. for the recent move
and right around 23.6% prz for the entire move.
Daily: Bullish, Trading in a minor consolidation for the past few days.
-Reversal pattern with Doji (Loss of momentum) & Bearish Hammer.
-Con: Seller Exhaustion wicks under support
H4: Bullish ( **Hidden Bearish Divergence @ Minor resistance lvl) look for possible sell off
H1: Bullish
GOLD TRADEvery very bearish this market... last trade was a perfect set up for me and as i can see here on the 1D chart after breaking those lows 2605 i believe the price can push more to the downside and touch 2546...
but just like me and you we do not control the market so we can only sit and wait like a like to say patience always pays.
Pepsi Co to test 157$ resistance, what's next?Pepsi co had a steady bull run from March of 2020 to May 2023, where the price doubled in a span of three years after testing it's long term support line in March of 2020 at 100$.
Since May 2023, the price is in a downtrend and even Trump pump did not help it!
Currently price is about to test its short term resistance at 157$. This price coincides with 0.382 fibonacci retracement level. If the price holds there, there might be a chance for Pepsi co to break out of the downtrend and start a bull run.
However, if the resistance does not hold and price fall below 150$, we are probably going to test the long term trend line (green line) which has been a support since market crash of 2009. If that happens, then we will be looking at prices around 130$ per share. This price is retracement level of 0.618 of fibonacci level.
XAU/USD to continue dropping?From both technical and fundamental analysis I believe we should be seeing the beginning of a gold drop. Gold has been nothing but bullish with extreme euphoric movement. Following Donald Trumps win in the American election we can expect the dollar to begin its bullish ascent meaning that its time for the XAU/USD to finally start its descent.
from my charts we can see that I predict a slight bullish move from the market open reacting of an 8H Imbalance taking Asian high liquidity from the upside and reacting from another 8H IMB to ultimately continue in its downtrend at least until the daily zone that caused a previous break of structure to the upside.