Trend Analysis
TSLA NEOWAVE ANALYSIS (DAILY)I thought of sharing this chart because the quality and pattern are working out to be excellent for the daily , and I'm curious to see where price will end up.
The pattern is an expanding triangle.
Normally, wave E will almost break above the A-C trendline.
Wave E is the largest, typically 138% to 161.8% of wave A or wave C, but it must be slightly longer than wave C.
Wave E appears to be most likely an impulsive 5 wave move with wave 5 just beginning.
NQ Range (12/16/24)Changed the call to Range from Short (looking Short, still). I would buy into the long side if the gains did not primarily happen outside of the Reg Session. Seems light, rigged and soft. FOMO and chase during the no - low volume final weeks, probably my last weekly post of the year. This week: Long above 21,885 and Short below. Friday-Monday Rig Long has stalled and will resume on Monday with O/N Pump/Dump into the Open, that reaction is key for price action this week.
AI, B Coin, Go Fed, Mag 7 are all leveraged and extended. Let us/me see some power in the Reg Session and I will get on board to the LONG side. Will not based off up moves in the Overnight that fizzle out in the Reg Session.
LTC Liquidity run.There is still some Liquidity lower.
With the upcoming holidays and weekend the big markets are not there. So full ADR swings can happen. Holders get a chance to DCA. Traders.. Beware. only in and out trading. The bots currently trading the coins can move prices with small volumes.
Big players will cashout before the end of the year end will step in few days later. This to well.. have some favourable taxes ;)
WIF/USDT Chart Analysis. The chart of WIF/USDT shows a potentially bullish setup based on technical analysis.
Descending Triangle Breakout:
The price seems to be approaching the end of the descending triangle, with a potential breakout area of around $2.50.
Support Area:
A significant green area below the current price suggests strong historical support between $0.99 and $1.17.
Ichimoku Cloud:
The behavior of the cloud suggests a transition point, indicating potential bullish momentum if the price breaks above the cloud resistance.
The upward-moving green box shows the long target area of $4.84 to $4.87.
The curve drawn on the chart suggests that the price may fall slightly to the support area before reversing sharply.
Trade Setup:
Entry: Consider buying near the $1.17 support level.
Stop-loss: Place it slightly below $0.99 to manage risk.
Target: Aim at $4.87, which provides a favorable risk-to-profit ratio.
DYOR, NFA
@Peter_CSAdmin
PEPE/USDT 4-Hour Chart Analysis. PEPE is trading at 0.00001862, in a downtrend, moving away from the key Ichimoku Cloud resistance area.
Significant bearish momentum after breaking below 0.00002285 (key support turned resistance).
Immediate support at 0.00001732–0.00001700 (highlighted green area).
Strong demand area below at 0.00001641 (key level to watch for risk of further declines).
Nearest resistance: 0.00002285.
Key breakout levels for potential recovery: 0.00002360 and 0.00002690.
Stop loss: Located slightly below 0.00001641, protection against further declines.
Take profit zone: Above 0.00002831, targeting a significant correction towards the previous highs.
If PEPE sustains the 0.00001732–0.00001700 zone, expect a rebound towards:
Short-term target: 0.00002285.
Mid-term target: 0.00002690.
A breakdown below 0.00001641 could lead to further declines, testing lower unknown levels.
Maintaining caution below the Ichimoku Cloud zone is a must for longs.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always conduct your own research and consult a financial advisor before making investment decisions.
For updates on other coins or personalized insights, feel free to reach out via DM.
@Peter_CSAdmin
DOGE - Another Picture Perfect Prediction (LTF)Wanted to take one more look at the DOGE prediction on the lowertimeframe (12H) that we made exactly one week ago.
After seeing price breakdown from the rising wedge pattern, price quickly rose to retest our green trendline. This green trendline acted as a level of support all the way to the upside and once old support is broken, it is usually flipped into a new level of resistance. We warned a week ago this was likely turning into a new level of resistance around $0.416, but we need to watch the 12H RSI to confirm this was the case.
Where we said "Watch for a rejection" was because the 12H RSI was fighting the median line (50). When strength is above the 50 it has bullish momentum, when strength is below the 50 it has more bearish momentum. Therefore, once the RSI did get rejected below that 50 level, the bears took over, flipped that trendline into new resistance, and pushed price into our "downside target" measured move box of support.
RENDER SWING LONG OPPORTUNITY - CRYPTO MARKETPrice is reaching to Price is approaching the monthly demand zone, aligning with a massive bearish trendline originating from Spring 2024. Additionally, there’s confluence with a key Fibonacci level. I anticipate a bounce from this area, potentially leading to new highs or even all-time highs.
As always, wait for lower time frame confirmations before initiating the idea.
My Solana Idea in Bearish Scenario - Simple, Not ComplicatedHello there, this is a simple drawing which does have a bearish bias.
I wanted to draw the horizontal support and resistance levels given price history, identify any meaningful trend lines, and identify some criteria for invalidation of the bearish scenario.
I want Solana to pump as much as we all do - but I needed to try and validate my feelings here that getting out above $200 may be wise.
Enjoy.
BTC/USDT 4-hour chart analysis. BTC/USDT trades within an ascending parallel channel, respecting the upper and lower trendlines.
Current price: $99,789.68, retracing back towards a crucial support area.
The highlighted green area is around $98,000-$100,000, which acts as the channel’s demand zone and mid-range level.
200 MA (green line): Located near $97,830, providing dynamic support.
Immediate resistance near the upper channel trendline (~$110,000).
Psychological resistance at $105,000, a crucial round-number level.
If BTC maintains the $98,000-$100,000 support area, it is set to bounce towards:
Short-term target: $105,000.
Mid-term target: $110,000, aligned with the upper channel boundary.
If BTC breaks below $98,000, further declines to test $95,000 (lower trend line) are possible.
A breakdown below the channel will invalidate the bullish trend.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always conduct your research and consult a financial advisor before making investment decisions.
For updates on other coins or personalized insights, feel free to reach out via DM.
@Peter_CSAdmin
PRCL/USDT THE THE SKY IS THE LIMITPRCL/USDT SPOT update.
The main markets have experienced a breakdown trend, particularly since BTC's last trend shift.
PRCL/USDT is currently in a crucial support zone, which could be confirmed before 2025.
What happens if this support zone is confirmed before 2025?
It means the coin has the potential to break out, with a target price of up to $1. The coming 5 days can be important, after the data study of the last months. There is a signal of DCA data at the end of the month.
For day traders there is no reason to enter this coin until it is confirmed the $0,50 could become interesting for the break.
GOLD NEXT MOVE (bears are in dominance) (17-12-2024)Go through the analysis carefully and do trade accordingly.
Anup 'BIAS for the day (17-12-2024)
Current price- 2644
"if Price stays below 2660, then next target is 2644 and 2622 and above that 2672 ".
immediate support- 2701-2703
-POSSIBILITY-1
Wait (as geopolitical situation are worsening )
-POSSIBILITY-2
Wait (as geopolitical situation are worsening)
Best of luck
Never risk more than 1% of principal to follow any position.
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