Supply and Demand
Xauusd 3 Possible TradesAs holidays are approaching volume is getting low. This might be the last week for trading as in the last week of December spreads gets high which makes impossible to trade.
If 30 min candle rejects support @ 2647 than Buy with target @ 2663.
If 30 min candle closes below support @ 2643 than Sell with Target @ 2628
If 30 min candle closes above resistance @ 2665 than Buy with Target @ 2678.
Risk minimum because of low volume.
USDCAD MARKET CONDITION!!!!Since earlier this week, price has been in a trending market condition up until yesterday being Wednesday when the US government cut interest rate. Price got impacted by volatility. This market condition right now is highly unpredictable as the market may continue to surge higher or likely fallback. We’re looking forward to seeing market regain normal trending conditions before we resume trading activities in this pair.
Technical Analysis for Gold Spot/USD (1-Hour Chart)Current Market Overview
Current Price: $2,618.80
Trend: Bearish, with a significant downtrend after rejection from the $2,730 zone. However, a recent bounce near the NY Midnight Open ($2,610.32) suggests a potential short-term reversal.
Key Levels to Watch:
Resistance Levels: $2,640, $2,660, $2,686, and $2,700
Support Levels: $2,610, $2,580, $2,560
Bullish Scenario
Technical Factors
Price Action:
The price has rebounded from $2,610, a critical support level, forming a higher low on the shorter timeframes.
Green delta volumes near $2,610 suggest buying activity, supporting the recent bounce.
Indicators:
The pink EMA cloud is still bearish, but a sustained close above $2,620 will indicate a potential shift in momentum.
The buying delta volume dominance (89.39%) signals bullish interest at current levels.
Upside Potential:
If buyers sustain above $2,620, the next resistance levels are $2,640 and $2,660.
A breakout above $2,660 could lead to further upside toward $2,686 and $2,700.
Probable Entry Points
Entry:
Aggressive Entry: Near $2,620 if bullish candles confirm strength (e.g., bullish engulfing).
Confirmed Entry: Break and close above $2,640 with volume.
Take-Profit Targets
Short-term TP1: $2,640 (nearest resistance).
TP2: $2,660 (key resistance with heavy sell-side activity).
Extended TP3: $2,686 (next major resistance level).
Stop-Loss
Place SL below $2,610 to limit downside risk.
Bearish Scenario
Technical Factors
Price Action:
The price is still below the pink EMA cloud, and lower highs and lower lows dominate the larger trend.
Rejection from $2,640 or failure to hold $2,620 will confirm bearish continuation.
Volume Analysis:
Despite the current bounce, strong sell volumes persist near $2,640 and $2,660, indicating that sellers remain active.
Bearish continuation is likely below $2,610.
Support Breakdown:
A breakdown below $2,610 will open the path toward lower support zones at $2,580 and $2,560.
Probable Entry Points
Entry:
Aggressive Entry: Near $2,640 if price rejects resistance with bearish confirmation (e.g., bearish engulfing).
Confirmed Entry: Close below $2,610 with strong sell-side volume.
Take-Profit Targets
Short-term TP1: $2,580 (major support zone).
TP2: $2,560 (key demand zone).
Extended TP3: $2,540 (critical support).
Stop-Loss
Place SL above $2,640 to avoid being caught in a bullish reversal.
Summary: Trading Plan
Scenario Entry Zone Stop-Loss Take-Profit Targets
Bullish $2,620 - $2,640 Below $2,610 TP1: $2,640, TP2: $2,660, TP3: $2,686
Bearish $2,640 - $2,610 Above $2,640 TP1: $2,580, TP2: $2,560, TP3: $2,540
Conclusion
Bullish Bias: A break and close above $2,640 will shift the short-term trend bullish, targeting $2,660 and $2,686.
Bearish Bias: Rejection at $2,640 or a breakdown below $2,610 will likely push the price lower toward $2,580 and $2,560.
Recommendation: Watch price behavior around $2,640 (resistance) and $2,610 (support) for confirmation before entering a trade. Use tight stop-losses and follow volume dynamics closely to align with market momentum.
Bitcoin for Justicehello my friends
📚 According to the previous analysis, Bitcoin moved closer to its target of 110,000.
📚 Bit seems to decide to oscillate in the 98,000-110,000 range for a short period of time unti the market makers make a new decision.
📈 Right now can be a good time to enter altcoins, but in my opinion we can have bette opportunities.
❆ Wait for our next analysis
NQ Power Range Report with FIB Ext - 12/19/2024 SessionCME_MINI:NQH2025
- PR High: 21546.50
- PR Low: 21453.75
- NZ Spread: 207.0
Key scheduled economic events:
08:30 | Initial Jobless Claims
GDP
Philadelphia Fed Manufacturing Index
10:00 | Existing Home Sales
FOMC driven 960+ point value decline
- Return to daily Keltner avg cloud
- Auctioning between pivots from Nov 11 & Nov 25
Session Open Stats (As of 12:45 AM 12/19)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 338.33
- Volume: 50K
- Open Int: 226K
- Trend Grade: Bull
- From BA ATH: -4.4% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 22667
- Mid: 21525
- Short: 19814
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
INDUSTOWER LONGBREAKOUT AND RETEST
Resistance Level - 450 - 475
Support Level - 290 - 310
View is negated with a close below 285.
Good pick for short term and long term.
My view is for educational or study purpose only.
It is not a buy/sell recommendation.
Contact your financial advisor before taking any investment or trade decision.
IEX LONGSimple Setup
Resistance Level : 245 - 260
Support Level : 160 - 170
View is negated with a close below 160
Good for short term. Breakout above 260 will become a good pick for long term.
My view is for educational or study purpose only.
It is not a buy/sell recommendation.
Contact your financial advisor before taking any investment or trade decision.
ARUSDT: Potential Support at the Blue BoxesIn this analysis, the blue boxes are highlighted as critical support areas to monitor. These zones are noteworthy because:
They serve as demand areas, where buying pressure could emerge.
They act as the first line of defense, potentially preventing further downward movement.
Trading Strategy
Lower Time Frame Reactions: Pay close attention to how the price behaves within the green lines and blue box zones. Look for signs of bullish momentum, such as candlestick reversals or increased buying volume.
Long Trade Opportunities: If favorable reactions are observed, traders can structure long trades with clear risk management, using the lower time frame signals for precise entry points.
Summary
The blue boxes in ARUSDT present an attractive opportunity to catch potential reversals from key support zones. By combining insights from the green lines and monitoring lower time frames, traders can position for upside while minimizing risk.
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
My Previous Analysis
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
ALEMBICLTD LONGVery good bullish setup
Good breakout with volumes and a retracement with lesser volumes to the breakout zone.
Can be a good long term pick.
Support zone : 110 - 130
View is negated below 110.
For short term observe these levels and track its price action in weekly chart.
My view is for educational or study purpose only.
It is not a buy/sell recommendation.
Contact your financial advisor before taking any investment or trade decision.
BTC-USDT | 1W Chart Elliott Wave ProjectionBTCUSDT | Weekly Chart | Elliott Wave Theory & Key Zones 🚀
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Analysis Overview 🔎
Bitcoin (BTC) is forming a **classic Elliott Wave structure** on the **1W timeframe**, signaling a potential long-term bullish move. Here's the breakdown:
1️⃣. Current Structure:
- Wave (3) peaked at ~$107,000, showing strong momentum.
- Wave (4) correction is expected to retrace toward the $95,000 - $97,000 support zone.
- This aligns with the *Fib retracement levels* and prior consolidation zones.
2️⃣. Projection 🎯
- Wave (5) could target *$120,000 - $130,000* if BTC rebounds from the highlighted correction zone.
- The upper yellow trendline supports this bullish trajectory.
3️⃣. Key Levels 🗺️
- Support (Wave 4): $95,000 - $98,000 (purple zone).
- Target (Wave 5): $118,000 - $121,000.
4️⃣. Technical Indicators 📈
- Price remains inside a strong *ascending channel*.
- Volume and momentum need confirmation upon correction.
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Trading Plan 📈
- Entry: Wait for price stabilization in the $95,000 - $98,000 zone.
- Stop-Loss: Below $90,000 (invalidating the bullish structure).
- Take-Profit: Gradually scale out between $118,000 and $121,000.
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⚠️ Note: Always monitor volume, confirmation, and overall market conditions for risk management.
⚠️Disclaimer: This is not financial advice. Trade at your own risk and perform your own analysis before entering any positions.
#Bitcoin #BTC #Crypto #ElliottWave #TradingIdeas #TechnicalAnalysis** 🚀
ETHEREUMUSDT | Risky Hedge ShortIn our previous ETHUSDT analysis, we mentioned the importance of the $4102 level and the possibility that our rapid entry into the range with its manipulation could lead to bad possibilities.
The price has entered the range again and continues to fall, but it is not nice that the liquidity remaining above is very open. Still, taking a short hedge is not a bad trade by taking the possibility of a losing 1R from here.
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
My Previous Analysis
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active
Bitcoin | First Line of DefenseBitcoin's first line of defense lies within the blue boxes, marking potential areas of interest. However, there are currently no significant demand zones, making it more prudent to wait for upside breakouts on lower timeframes before considering a buyer's position.
Given the uncertainty around the depth of the ongoing correction, it's wise to maintain some cash reserves to adapt to market movements effectively. Patience and careful observation will be key in navigating this phase.
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
My Previous Analysis
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active
FETUSDT | Very Important AreaIn my analyses over the last two days, I highlighted the possibility of a pullback in the crypto market leading up to Christmas. This cautionary outlook led me to recommend setting buy points significantly lower. However, I advise waiting for BTC to show signs of meeting buyers before acting on these points.
For FET/USDT, I’ve identified a critical demand region, marked by the blue box on the chart. I consider this zone highly valuable, as it represents an area where meaningful buyer reactions could emerge. Observing the price action in this region will be essential to evaluate its potential.
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
My Previous Analysis
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active
BTC following suite with the rest of the market's yearly closeWeekly levels are still keeping the HL > HH narrative. Going into the year we want to see the nearest weekly lows tested $94K down to the imbalance high around GETTEX:89K , the lower the better here.
I believe BTC following suite with the rest of the market is seeking levels for the yearly candle transition. During this process we will expect a strong low to be placed to support the rest of the yearly surge to come.
A clear support zone in the imbalance below on daily chart with volume profile POC also resting in this fib retrace range. As we can see on VP the bullish liquidity is heavy in this range.
Although this range is heavy bullish, I do expect a deeper sweeping of weekly lows before the next year's candle finds its stable low.
Daily chart >>