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#EURNZD 2HEURNZD 2-Hour Analysis The EURNZD pair is forming a rising wedge pattern on the 2-hour chart, which often signals a potential bearish reversal. The price is trading near the wedge's upper levels, and a breakdown below the support line would confirm selling pressure, offering further sell opportunities. Technical Outlook: Pattern: Rising Wedge Forecast: Bearish (Sell, and Sell More on Support Line Breakdown) Entry Strategy: Initiate a sell position if the price shows bearish signals near the wedge's resistance. Add to the position or open new sell trades once the support line is broken and confirmed with a retest or bearish price action. Traders should monitor indicators like RSI for overbought conditions or MACD for bearish crossovers to strengthen the case for a sell. Use proper risk management by setting stop-loss orders above the wedge resistance and targeting key support levels below the breakdown point.
Short
by PIPSFIGHTER
Is the AI Revolution Built on a House of Cards?In the treacherous landscape of technological ambition, Nvidia emerges as a cautionary tale of unchecked corporate hubris and potentially unsustainable growth. What appeared to be an unstoppable technological juggernaut now reveals deep fissures in its seemingly impenetrable facade, with mounting challenges threatening to unravel its carefully constructed narrative of AI dominance. Specific challenges underscore this fragility: comments from Microsoft's Satya Nadella suggest a potential moderation in AI chip demand, while Alphabet's Sundar Pichai has highlighted that "the low-hanging fruit is gone" in AI model development. Beneath the glossy veneer of technological innovation lies a troubling reality of regulatory scrutiny and market volatility. Nvidia faces a perfect storm of challenges: a potential slowdown in AI chip demand, an aggressive antitrust investigation by Chinese regulators, and growing skepticism from industry leaders. The competition is intensifying, with Amazon developing its own Trainium AI chips, and Broadcom positioning itself to capture significant market share with custom AI chip solutions projected to reach $90 billion in the next three years. OpenAI co-founder Ilya Sutskever's stark statement that "we've achieved peak data" further undermines the narrative of unbridled AI growth. The broader implications are profound and deeply concerning. Nvidia's struggles represent a microcosm of the larger technological ecosystem—a world where innovation is increasingly constrained by geopolitical tensions, regulatory challenges, and the harsh economic realities of diminishing returns. Despite massive capital expenditures by tech giants—with Microsoft nearly doubling its spending to $20 billion and Meta increasing expenses by 36%—only 4% of US workers use AI daily. This stark disconnect between investment and actual utility exposes the potential fragility of Nvidia's market position, with analysts suggesting that 2024 may have been the peak in terms of percentage increase for AI-related infrastructure spending.
NASDAQ:NVDAShort
by UDIS_View
EXTENDED SESSION WITH SESSION BREAKSAn Extended Session refers to the trading hours that occur outside of a market's regular or standard session, often including pre-market and after-market hours. These sessions are typically used by investors and traders to react to news, earnings reports, or other events that happen outside of normal trading hours. Session Breaks in Trading refer to the natural pauses or transitions between different trading sessions, often marking the end of one session and the beginning of another. These breaks are important for traders because they help delineate key periods of market activity, volatility, and liquidity. Understanding session breaks can assist in timing trades and identifying potential market-moving events.
NASDAQ:AAPLEducation
by atimchenko
NVIDIA's Declined over 10%, Why? When will be the Buy timing? NVIDIA fell nearly 4% today before narrowing the loss to 1.22%. Since hitting a record closing high of $148.88 in early November, the AI chip maker's stock has dropped over 10%. So, what is causing NVIDIA's decline? Firstly, Supply Chain Issues and Challenges NVIDIA faces multiple challenges in its supply chain, a significant factor in its stock decline. First, according to the latest data, the order volume and schedules for the GB200 and GB300 have been adjusted. Particularly, the mass production and shipment of GB series products have been postponed until after the Lunar New Year in February, increasing market uncertainty. Additionally, the small-scale production plans for GB300 face tight deadlines, putting pressure on GB200's mass production. Specific supply chain issues include CoWoS-L packaging technology, heating problems, copper cable connections, and leakage issues. These not only affect product yield rates but also increase system integration time costs. Consequently, NVIDIA has suggested customers purchase the B200 8-card HGX as a transitional solution, and clients like Microsoft are considering switching their orders. These supply chain issues affect NVIDIA's product delivery capabilities and reduce market expectations for its future performance. Secondly, Market Competition and Narrative Changes ASICs are gaining market recognition as a competitive narrative. ASICs are chips designed for specific tasks, akin to custom running shoes for a race. For certain tasks, ASICs outperform NVIDIA's GPUs (widely used for computing tasks) and are potentially cheaper. OpenAI co-founder Ilya and industry leaders like Microsoft's CEO Satya have started discussing the importance of not only training AI models but also ensuring they can quickly and accurately make decisions in real applications. This shift in perspective gives ASICs an advantage in some scenarios, as they are designed for rapid, precise execution of tasks. This raises questions about the cost of NVIDIA's GPUs. While powerful, they are expensive and require significant electricity and cooling. As ASICs perform better at lower costs for some tasks, there's consideration of replacing NVIDIA's GPUs with ASICs. Additionally, changes in scaling law narratives and the strengthening of inference narratives pose threats to NVIDIA. Scaling laws suggest that increasing AI model size (e.g., more neurons or layers) typically improves performance, but these gains are not infinite and require significant computational resources. This means NVIDIA must continually invest resources to improve product performance, potentially increasing costs. Moreover, companies like BTC, Tesla, and Google are investing heavily in their own AI chips or solutions. This intensifies market competition and challenges NVIDIA's leadership. Thirdly, Market Sentiment and Capital Flows Market sentiment and capital flow significantly impact NVIDIA's stock price. As the year ends, retail investors, ETFs, and institutions adjust their portfolios. Fluctuations in tech giants like Microsoft, Apple, and Google affect tech stocks like NVIDIA. Investors are more cautious, favoring stable, promising companies. Given these conditions, NVIDIA faces pressure on its stock price due to supply chain issues and competition. Lowered expectations for NVIDIA's future performance lead to capital outflows and stock price declines. Fourthly, Future Outlook and Catalysts Despite current challenges, NVIDIA has opportunities for a turnaround. First, NVIDIA needs to resolve supply chain issues, improve product yield, and delivery capabilities. Second, strengthening its presence in software and applications is crucial to addressing market competition. Additionally, NVIDIA should explore new computing narratives to expand its computing potential. Fifthly, Technical Analysis and Price Divergence Previously, prices rose continuously, but volume and KDJ began to decline, showing divergence. Without capital support, upward momentum was insufficient, leading to a short-term adjustment and a break below the mid-term trend line, resulting in a mid-term callback. When Might a New Rally Occur? From a technical analysis perspective: After two prior mid-term adjustments, breaking the downward trend line may signal the start of a new rally. Thus, this new rally must first break the resistance line. From a catalyst perspective: While January's CES and the earnings release in late February may not bring major surprises, March's GTC is worth anticipating. NVIDIA needs to showcase new technologies and products at this event to restore market confidence. If NVIDIA can introduce groundbreaking innovations, a stock rebound is possible.
NASDAQ:NVDA
by xugina78
#GBPAUD 1DAYGBPAUD Daily Analysis The GBPAUD pair is trading near the resistance line of an uptrend channel on the daily chart, suggesting a potential reversal or correction from this level. The channel resistance indicates strong selling pressure, making it a key area to watch for bearish setups. Technical Outlook: Pattern: Uptrend Channel Resistance Forecast: Bearish (Sell Opportunity) Entry Strategy: Enter a sell position if the price confirms rejection at the channel resistance through bearish price action signals, such as a bearish engulfing candlestick or a double top pattern. Traders should use indicators like RSI to check for overbought conditions or MACD for divergence that signals weakening bullish momentum. Apply proper risk management by placing stop-loss orders above the channel resistance and setting profit targets at key support levels within the channel.
Short
by PIPSFIGHTER
#GBPJPY 1DAYGBPJPY Daily Analysis The GBPJPY pair is approaching a significant trendline resistance on the daily chart, suggesting a potential reversal or rejection from this level. This resistance line indicates strong selling pressure, making it a prime area for bearish setups. Technical Outlook: Pattern: Trendline Resistance Forecast: Bearish (Sell Opportunity) Entry Strategy: Enter a sell position if the price confirms rejection at the trendline resistance through bearish price action signals, such as bearish engulfing candlesticks or lower highs. Traders should closely watch indicators like RSI for overbought conditions or MACD for signs of weakening bullish momentum. Ensure proper risk management with stop-loss orders placed above the resistance line and profit targets set at nearby support levels.
Short
by PIPSFIGHTER
Why is Dow Jones on a losing streak?The Dow Jones Industrial Average (DJIA) (Ticker AT: USAIND) recently experienced its longest negative streak since 2018, racking up eight consecutive sessions of declines. This downtrend began on December 4, when the index closed above 45,000 points for the first time in history. Since then, it has shown a downward trend, reflecting the volatility and fluctuations of the market in the current period. During this period, the DJIA has shown a downward trend, while other indexes such as the Nasdaq have experienced increases, reaching new all-time highs. For example, the Nasdaq rose 1.24% and closed at new all-time highs, while the S&P 500 advanced 0.38%. However, these positive closes were the result of the strong performance of a few stocks, such as Alphabet, Apple and Tesla, which set new all-time highs. The recent drop in the Dow Jones Industrial Average (DJIA), is due to several factors that have generated uncertainty in the markets. Here are the main reasons behind this behavior: 1. Interest Rate Concerns 2. • The persistence of high interest rates by the Federal Reserve (Fed) to combat inflation continues to negatively affect sensitive sectors, such as real estate and industrials. • Investors fear that these rates could be prolonged, limiting economic growth. 2.Recession Fears • Mixed economic data, such as a slowdown in consumer spending and industrial production, have fueled concerns about a possible recession in 2024. • Although the labor market remains strong, other indicators, such as the manufacturing index, reflect weakness. 3. Impact of the Industrial Sector • Given that the DJIA is largely comprised of industrial and consumer goods companies, any weakness in these sectors directly impacts its performance. • Key companies in the index, such as Boeing and Caterpillar, have suffered setbacks due to global uncertainty. 4. Strength of the dollar • The strengthening of the dollar against other currencies negatively affects DJIA companies with high international exposure, reducing the competitiveness of their products abroad. 5. Rotation to Other Indices • Investors are favoring indices more exposed to the technology sector, such as the Nasdaq, which has had a positive performance thanks to the momentum of artificial intelligence and other technological advances. 6. Geopolitical Tensions • Uncertainties in the Middle East, as well as trade tensions between the U.S. and China, have increased risk aversion, especially affecting global companies in the DJIA. On the technical side, the index has had several bearish days that are reaching its last support zone near 43,300 points. If this zone is pierced, it could evolve towards the checkpoint near 42,100 points. On the other hand, the index is currently oversold at 41.72% and its mid-range crosses do not indicate a change in direction. If we look at the MACD if there has been a turn of the trend of the average of 12 crossing below the average of 26, which shows that in the short term this situation does not seem to have changed. It is important to note that the DJIA is a price-weighted index, which means that higher-priced stocks have a more significant impact on its movement. Therefore, fluctuations in the prices of high-value stocks can significantly influence the index's performance. For investors and analysts, this negative streak in the DJIA underscores the importance of monitoring market trends and considering factors such as index composition, global economic conditions and monetary policies that can influence stock index performance. Ion Jauregui - Analyst ActivTrades ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk.
ACTIVTRADES:USAIND
by ActivTrades
Unlocking Long-Term Growth: Real-Time Data InnovationWith the current downturn and price stability, this could present an opportunity for a breakout. If the price reaches a reversal point, it might signal the onset of a breakout with long-term growth potential, provided the timing is right. Assuming adoption is nearing, a collaborative effort to collect and analyze data—such as photographic evidence and footage from vehicles participating in the pilot program—has the potential to reduce data acquisition costs while providing real-time updates on street conditions. Regarding Honeycoin, the platform offers a seamless way for individuals to earn, save, and spend cryptocurrency. It facilitates micropayments, peer-to-peer transactions, and financial inclusion for unbanked populations. Integrating Honeycoin into a pilot program like this could further enhance real-time data collection by rewarding participants with cryptocurrency for contributing valuable data. This incentivized model could drive adoption while simultaneously improving the efficiency of data gathering and street monitoring. If these efforts are coordinated effectively, the combination of blockchain technology and real-time data collection could create significant growth opportunities in the long term.
COINBASE:HONEYUSDLong
by wulrahmah
Broadcom: Breaking boundaries in Semiconductors and Software Broadcom Inc. (Ticker AT: AVGO.US) is an American multinational company that designs, develops and supplies a broad range of semiconductor products and infrastructure software. Its solutions span markets such as data center, networking, software, broadband, wireless, storage and industrial. The company is headquartered in Palo Alto, California, and its president and CEO is Hock Tan. In December 2024, Broadcom reached a market capitalization in excess of $1 trillion, driven by its participation in the rise of artificial intelligence (AI). This milestone positions it among the world's most valuable companies. Broadcom's stock has recently experienced significant growth, similar to the “Nvidia moment” of 2023. The company has projected that the market for its data center AI components will reach $90 billion by 2027. However, it faces challenges in its non-AI operations and must meet high market expectations to maintain its sustained growth. In November 2023, Broadcom completed the acquisition of VMware for $69 billion, strengthening its position in the infrastructure software sector. On a fundamental level its results have been spectacular and if you look at the profit result, the company has obtained 51.574 million in 2024, up 44% from the previous year, with AI chips, the record revenue segment of $30.096 million, up +7%. XPU chip services and its Ethernet network server adapters grew +220% to $12.2 billion. In the fourth quarter, it earned +51% year-on-year to US$14.054 billion and in semiconductors US$8.8230 billion, +12% over 2023. This company that dominates the custom chip market must compete in a niche where Nvidia is a notable competitor. On the technical side, there was a bullish gap on the 12th. The evolution since that day has pierced $186.26 and trading up to a high of $251.88. In the previous sessions the price has taken a break maintaining its price at $240.23. Currently there is high overbought and high buying pressure in delta zones. We are beginning to see a reduction in volumes this week compared to last week. It is very likely that the company will continue its bullish expansion given that it is in a period of bullish expansion. Ion Jauregui - Analyst ActivTrades ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk.
NASDAQ:AVGOLong
by ActivTrades
FED INTEREST RATE CUT / GOLD UPDATETRADINGVIEW: Plan XAU / USD : 18 December , 2024 ⭐️Personal comments "Pips & Profit": The market will pick up and recover when the FED lowers interest rates later today. But it won't have too much of an impact because most investors won't be too surprised. ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2664 - $2662 SL $2667 scalping TP1: $2658 TP2: $2652 TP3: $2645 🔥SELL GOLD zone: $2694 - $2696 SL $2702 TP1: $2685 TP2: $2670 TP3: $2660 🔥BUY GOLD zone: $2607 - $2605 SL $2600 TP1: $2618 TP2: $2630 TP3: $2645 Let's support "Pips & Profit" by LIKE AND COMMENT TRADINGVIEW. Thank you very much everyone. 🌸🌸🌸
FXOPEN:XAUUSD
by PIPS_n_PROFIT
FED INTEREST RATE CUT / GOLD UPDATETRADINGVIEW: Plan XAU / USD : 18 December , 2024 ⭐️Personal comments "Pips & Profit": The market will pick up and recover when the FED lowers interest rates later today. But it won't have too much of an impact because most investors won't be too surprised. ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2664 - $2662 SL $2667 scalping TP1: $2658 TP2: $2652 TP3: $2645 🔥SELL GOLD zone: $2694 - $2696 SL $2702 TP1: $2685 TP2: $2670 TP3: $2660 🔥BUY GOLD zone: $2607 - $2605 SL $2600 TP1: $2618 TP2: $2630 TP3: $2645 Let's support "Pips & Profit" by LIKE AND COMMENT TRADINGVIEW. Thank you very much everyone. 🌸🌸🌸
FXOPEN:XAUUSD
by PIPS_n_PROFIT
1
Will Santa Bring Bitcoin? Tracking Crypto Trends Each DecemberAs the festive season draws near, Bitcoin traders often wonder: is December a gift-giving month for the OG crypto or one where Santa skips the BTC chimney altogether? Over the past decade, Bitcoin’s December performance has varied wildly — from record-setting rallies to stomach-churning corrections. But this year, the festive cheer in the crypto world is particularly jolly. Bitcoin BTCUSD has smashed through the $100,000 mark , Ethereum ETHUSD is dancing above $4,000 , and the markets are buzzing with speculation about lower interest rates from the Federal Reserve and crypto-friendly policies from Donald Trump’s White House. Before we spill what we know about this Christmas’s crypto miracles, let’s take a trip down memory lane, tracking Bitcoin's price moves for each December over the past 10 years. Bitcoin’s December Performance: A 10-Year Recap 2013: A Frosty End to the First Big Rally ❆ Start of December: ~$1,000 ❆ End of December: ~$750 (-25%) Bitcoin was coming off its first significant bull run, fueled by very early retail and media hype. The exuberance didn’t last as profit-taking and concerns over Mt. Gox’s solvency sent prices tumbling. 2014: A Crypto Winter Christmas ❆ Start of December: ~$375 ❆ End of December: ~$320 (-15%) 2014 was a tough year for Bitcoin. The infamous Mt. Gox hack earlier had crushed investor confidence, and the December sell-off reflected broader pessimism about crypto's future. 2015: A Subtle Santa Rally ❆ Start of December: ~$360 ❆ End of December: ~$430 (+19%) After a year of consolidation, Bitcoin ended 2015 on a positive note. December brought renewed optimism, with the first whispers of institutional interest starting to surface. 2016: The Calm Before the Storm ❆ Start of December: ~$740 ❆ End of December: ~$960 (+30%) This was the beginning of Bitcoin’s journey into mainstream consciousness. A steady rally through December set the stage for the parabolic run of 2017. 2017: Deck the Halls With All-Time Highs ❆ Start of December: ~$10,800 ❆ End of December: ~$14,000 (+30%) Bitcoin mania hit fever pitch as it reached its then-all-time high of nearly $20,000 mid-month. However, the rally fizzled by year-end, signaling the start of a brutal bear market. 2018: Coal in the Stocking ❆ Start of December: ~$4,000 ❆ End of December: ~$3,800 (-5%) The post-2017 bubble burst was in full swing. By December, Bitcoin was down nearly 80% from its peak, and the market was entrenched in a bear trend. 2019: A Neutral Noel ❆ Start of December: ~$7,500 ❆ End of December: ~$7,200 (-4%) This year saw modest losses in December as Bitcoin remained range-bound following a mid-year rally that fizzled out. 2020: A Festive Bull Run ❆ Start of December: ~$19,500 ❆ End of December: ~$29,000 (+48%) The COVID-19 pandemic had accelerated Bitcoin adoption as institutions like MicroStrategy and PayPal jumped in. December capped off a historic year with a near 50% rally. 2021: Bitcoin on the Naughty List ❆ Start of December: ~$57,000 ❆ End of December: ~$46,000 (-19%) Despite starting strong, December 2021 saw Bitcoin slide as macroeconomic fears around inflation and Fed tapering weighed on risk assets. 2022: The Crypto Winter Lingers ❆ Start of December: ~$17,000 ❆ End of December: ~$16,500 (-3%) The collapse of FTX in November left the crypto market reeling. With investor confidence shattered, Bitcoin struggled to recover, hovering near its bear-market lows. 2023: A Recovery Year ❆ Start of December: ~$40,000 ❆ End of December: ~$42,500 (+6%) With the market recovering from the harsh crypto winter of 2022, Bitcoin climbed steadily throughout the year, culminating in December's moderate gains. Bitcoin ended 2023 on a modestly bullish note, driven by renewed optimism around regulatory developments and institutional interest, especially around the Bitcoin exchange-traded funds that would launch in January 2024. Final Days of 2024: A December to Remember? Bitcoin’s 2024 trajectory has been nothing short of remarkable, with the OG cryptocurrency trading above $108,000 — a new all-time high. December’s price action will likely hinge on several key factors: 1️⃣ Federal Reserve Policy : Markets are pricing in a 25-basis-point interest rate cut at the Fed's final meeting of the year on December 18. This has already fueled risk-on sentiment, but a surprise decision to hold rates could spark a possible sell-off. 2️⃣ Institutional Demand : Big-shot investors have continued to pour into Bitcoin in 2024, with the genuine Bitcoin ETFs accumulating more than $100 billion in assets. 3️⃣ Market Sentiment : After breaking $100,000, Bitcoin’s psychological momentum is strong. Traders are eyeing $125,000 as the next target, though volatility could lead to sharp corrections. 4️⃣ Donald Trump : The sheer power concentrated in one man — President-elect has vowed to support the growth of the crypto industry through a Bitcoin strategic reserve, lower taxes, sweeping deregulation and higher tariffs on US imports. Bullishness is truly in the air heading into 2025. What’s Under the Tree for Crypto in 2025? Looking ahead, the outlook for Bitcoin and the broader crypto market remains bullish. The combination of institutional, business and consumer adoption, favorable regulatory developments, and a macroeconomic environment that continues to favor risk assets sets the stage for further growth. While $108,000 is impressive, many believe it’s just the beginning of Bitcoin’s next chapter. As we wrap up 2024, one thing is clear: the crypto market never takes a holiday (or any days off). Whether the Fed today delivers a rate cut or not, traders can expect plenty of action as we head into the new year. So, grab your hot cocoa, keep your TradingView app handy, and enjoy the ride. Happy holidays, and may your trades be merry and bright!
BITSTAMP:BTCUSD
by TradingView
28
Entering the volatility period Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- If USDT and USDC continue their gap uptrend, I think it is a sign that funds are flowing into the coin market. I think that for the altcoin bull market to start, BTC dominance must fall below 55.01 and be maintained or continue to fall. Therefore, the key is whether it can fall after receiving resistance near the M-Signal indicator or Fibonacci ratio 0.5 (57.95) on the 1W chart. The decline in USDT dominance is likely to result in a rise in the coin market. The USDT dominance is expected to touch around 2.84 at the most. Therefore, the key is whether it can fall after receiving resistance near 3.99-4.16. If the USDT dominance rises above 4.97, the coin market is likely to show a sharp decline. Therefore, if it is maintained above 4.97, I think the coin market is likely to turn into a downtrend. -------------------------------------------- (BTCUSDT 1W chart) If BTC continues to rise like this, I also hope so. However, since the StochRSI indicator is maintained at 100 and the StochRSI EMA indicator is approaching 100, BTC will eventually show a downward trend. Therefore, even if it continues to rise further, it will touch the Fibonacci ratio 2 (106178.85) and show a downward trend. The StochRSI indicator does not tell us how much the fluctuation will occur. If it starts to decline, 1st: 87.8K-89K 2nd: 79.9K-80.9K There is a possibility that it will touch the 1st and 2nd areas above. If not, and it shows a sideways pattern, it seems that volatility is likely to occur when touching the M-Signal indicator on the 1W chart. The volatility period on the 1W chart is around the week including December 23rd. Therefore, it can be seen that the volatility period is from December 16th to January 5th. If the BW(100) indicator or the HA-High indicator is newly created during the volatility period, it is important to see if it can be supported near it. - (1D chart) I will update after a new candle is created. - Thank you for reading to the end. I hope you have a successful trade. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been following a pattern since 2015. In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market. Accordingly, the bull market is expected to continue until 2025. - (LOG chart) Looking at the LOG chart, we can see that the increase is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, we do not expect to see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. That is, the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, this Fibonacci ratio is expected to be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. It is up to you how to view and respond to it. Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role. The reason is that the user must directly select the important selection points required to create the Fibonacci. Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies. 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 -----------------
by readCrypto
4
SPY Technical Analysis (TA) and GEX Analysis for Dec. 181. Daily Chart (1D) * Trend: SPY is trading within a well-established upward channel. The price recently hit resistance at the upper channel line (~609), suggesting overbought conditions. * Support Levels: * 590: Key short-term support, aligned with the lower EMA support. * 577-571: Major support zone; a breakdown here signals a bearish shift. * Resistance: * 609-610: Upper trendline resistance. SPY has failed to hold above this range. * Indicators: * MACD: Bearish divergence forming as momentum weakens while price pushes higher. * Volume: Strong volume uptick at recent highs, suggesting possible distribution. Bias: The daily chart signals caution, with a potential pullback to 602-604 (middle channel) or further to 590. 2. Hourly Chart (1H) * Price Action: SPY shows rejection from the upper resistance (~609) and is trending downward towards key intraday support at 602-603. * Support/Resistance: * Support: 602 (highest PUT Wall in GEX), 604 (confluence of EMA and PUT Wall). * Resistance: 607-608 (CALL resistance). * Indicators: * MACD: Bearish crossover; momentum remains negative. * Trendlines: SPY is testing lower channel support on this timeframe. Bias: SPY is likely to remain range-bound between 603-607 for now. A break below 602 could accelerate downside pressure. 3. GEX Analysis * Key GEX Levels: * 607: CALL Resistance (1.25%). Likely an upper cap. * 603: Highest negative NETGEX/PUT Support. This level is critical; breaking below it increases bearish momentum. * 602: Second PUT Wall (-32.62%), significant downside target. * Options Oscillator: Indicates PUT dominance with 56.9% Puts versus Calls. * IVR (Implied Volatility Rank): 16.7 — IV remains low, suggesting minimal volatility expectation. GEX Insight: The options market suggests 603 is the battleground. Bulls need to reclaim 607 to push higher, while bears will attempt to defend the PUT-heavy zones at 603-602. Trade Outlook for SPY * Bearish Setup: Look for rejection at 605-607. A breakdown below 603 can target 602, with potential downside extension to 600. * Bullish Setup: A strong rebound off 603 with volume could signal a push back to test 607. Break above 608 confirms bullish continuation. Conclusion SPY remains at a critical juncture near upper resistance. Monitor 603 closely, as a break or bounce here will dictate short-term direction. Options GEX levels highlight a PUT-heavy market, favoring bearish pressure unless bulls reclaim higher ground. This analysis is for educational purposes only and does not constitute financial advice. Always manage your risk.
AMEX:SPY
by BullBearInsights
QQQ: Technical Analysis (TA) & GEX Insights for Dec. 181. Daily Chart (1D) * Trend: QQQ continues its uptrend within a rising channel. The price has broken through upper resistance and is testing the top of the channel. * Support/Resistance: * Immediate Support: 525.60 * Major Support: 513.30 * Resistance Zone: 539.15 (current high) * Indicators: * MACD: Bullish momentum but signs of flattening, suggesting a possible slowdown. * Volume: Decreasing slightly as price rises, which may indicate weaker buying pressure. Outlook (Daily): * Bullish Scenario: If QQQ holds above 535, a retest of 539-540 is possible. * Bearish Scenario: A break below 535 could see a retracement to 525. 2. Hourly Chart (1H) * Trend: Short-term weakening with signs of rejection near 539. The price is currently pulling back to test the mid-channel support. * Support/Resistance: * Support: 533.10 (current area), followed by 530.00 * Resistance: 538.80, 539.15 * Indicators: * MACD: Bearish crossover forming, indicating momentum shift to downside. * Volume: Increased selling pressure near resistance zones. Outlook (Hourly): * A pullback to 533 is likely, with potential for further downside to 530 if support breaks. 3. GEX Analysis * Gamma Walls: * 535: Highest negative NETGEX (PUT Support Zone). Breaking below this could accelerate selling pressure. * 539: Small resistance wall. * 529: Positive Gamma Call Wall indicating strong support. * Options Oscillator : * IVR: 16.6 – Low implied volatility. * GEX: Mixed bias with PUTS at 21.3% dominance. * Interpretation: * Market makers are hedging around 535. A break below could trigger larger put-side moves to 532 or 529. Trade Outlook: * Scalping: * Bullish Setup: Long at 533 with stop-loss at 530 and target 538. * Bearish Setup: Short below 533 targeting 530 or 529. * Swing Trade: Watch for confirmed rejection at 539 or strong support at 533 for trend continuation setups. Conclusion: QQQ is showing short-term weakness while remaining within a broader uptrend. Key levels to watch are 535 for support and 539 as resistance. Traders should monitor Gamma exposure around 535 for directional bias. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage risk appropriately.
NASDAQ:QQQ
by BullBearInsights