Beyond Technical Analysis
XRP: Ripple’s Rocky Road🚨 XRP: Ripple’s Rocky Road – Can It Bounce Back? 🚨
💎 CRYPTOCAP:XRP is navigating choppy waters after recent market turmoil. The big question: Can XRP recover, or are we looking at a prolonged slump?
🔍 What’s Dragging XRP Down?
⚖️ Regulatory Challenges: Ripple’s ongoing legal battle with the SEC is a dark cloud over its future.
📉 Shifting Sentiment: Market confidence in XRP has wavered. What does this mean for its price trajectory?
⚔️ Altcoin Competition: Is XRP losing ground to rival projects, or does it still hold untapped potential?
🌟 What Lies Ahead for XRP?
🚀 Signs of Recovery?: Could Ripple turn the tide with new partnerships, groundbreaking tech, or legal wins?
💰 Opportunities for Investors: Is this dip a golden chance for long-term players, or should caution prevail?
💬 We want to hear from you!
What’s your take on XRP’s future? Will Ripple rise again, or is it time to explore other options? Drop your thoughts and predictions in the comments!
✨ Let’s spark the conversation. Your insights matter!
NQ Weekly and Longer term Bias (We were fire last week, check)hey guys just my weekly chart and levels going into the week. everyone expecting a santa rally, not so positive... i could see it mooning from here, don't get me wrong. im much more bullish this week than last now that we got some sort of correction (check last weeks analysis for real, read the chart and play the thing for the week, we cooked, hope you all did too, all 3).
anyway a lot on there, i think it's downward, people buying the wrong dip in my opinion, much more liquidation to come.
good luck
Bears showing up !? 🚨 Bitcoin Bears Tighten Their Grip: What’s Next for the King of Crypto? 🚨
CRYPTOCAP:BTC
The bears are back in full force, and Bitcoin is under pressure. Recent price drops have rattled the market, leaving traders wondering: what lies ahead for the world’s leading cryptocurrency?
🔍 Key Observations:
Bearish Momentum: Bitcoin's recent performance signals a growing bearish sentiment among traders.
Market Dynamics: Global economic uncertainty, interest rate speculation, and ongoing regulatory debates are adding weight to BTC's shoulders.
Support Levels: Bitcoin is teetering on key support zones—will it hold firm, or are deeper corrections imminent?
💡 How to Navigate This Market:
1️⃣ Stay Informed: Keep a close eye on critical price levels and market updates.
2️⃣ Risk Management: Diversify your portfolio and set stop-loss orders to safeguard your investments.
3️⃣ Long-Term Perspective: Remember, Bitcoin has endured—and bounced back from—similar downturns in the past.
The crypto market thrives on resilience. Is this dip a golden buying opportunity, or will the bears take full control?
💬 Drop your predictions and strategies in the comments below!
Short Tem - Mid Term Investment Idea MTARTECHMTARTECH LTP : 1722
Targets: 2000/2200/2400/2600/2800/3000🤞🏻
May add more on dips till 1500-1350
For investors with a long-term perspective and the ability to add on dips or hold calmly.
Time Frame: 2 to 6 months 🤞🏻
Trade as per your risk management and investment plan.
Perhaps a 'Santa Rally' is just one step away to begin in 2024Stock markets often enjoy a seasonal share boost during the festive period.
It's been two unpredictable year for stock markets after gloomy 2022 but all we are, traders, investors, TradingViewers are hoping for a successful end-of-year boost in the form of a so-called Santa rally.
Shares have much wide, breather and better performance so far in 2024, amid trade and geopolitical tensions, high inflation and high interest rate.
So... while children are compiling their Christmas lists, traders also want some sweet candies.
Traditionally, festive cheer and holiday household spending make the markets more optimistic during the holiday season, boosting investor portfolios.
But will 2024 follow the trend?
The "Santa rally", a term coined in 1972 by Yale Hirsch, the founder of the Stock Trader’s Almanac, "describes a tendency for the stock market to go up by 1% to 2%" over final five trading days of the outgoing year and the first two of the new one, said Forbes Advisor .
This period has "historically" shown higher stock prices in the S&P 500 SP:SPX 79.2% of the time, says Investopedia .
What drives the Santa rally?
Reasons for the Santa rally are vary and one explanation is the cheery "end of year mood" that means investors are in more of a "buying temperament" rather than selling shares, which pushes up stock prices
Will there be a Santa rally this year?
Probably, Yes. September quarter capped off the best 12-months return (+36.36%) for S&P500 Index since the pandemic stock market recovery in 2020, so there are a lot of hopes that stars will align, and momentum in the markets, helped by declining U.S. interest rate, will push prices higher in the run-up to Christmas.
Sure, there is "no guarantee", though. Sometimes it happens. Sometimes it is not.
The odds of a Santa rally may be in your favor, but the "best option" (author's opinion) is to do nothing, remain invested and be "pleasantly surprised" by another strong month by the new year.
The main technical graph for S&P500 Index says that we right now.. already somewhere above to 6'000 points for SPX Index, and just one step to break it out to reach the next one half-a-mile, i.e. 6'500 points by the end of the year.
Just follow the major upside trend, that's been taken earlier this summer. And that is all.
Merry Christmas y'all, TradingViewers! See you in a Happy New 2025 Year! 💖💖
NDX positive move for the next two days.Riding the Nasdaq Wave: Navigating Market Swells and Dips
Let’s dive into the Nasdaq 100 Index. Flashback to a year ago, and you'll remember a 4.05% dip from December 28, 2023, to January 4, 2024. Technology stocks took a hit, shaken by rising interest rates. The market trembled under hawkish whispers from Federal Reserve officials, who hinted that rates might stay elevated to tame inflation. This stirred up volatility, causing a sell-off in high-growth tech stocks — notoriously sensitive to interest rate ripples.
Fast forward to today, and we’re staring down a similar barrel: fewer interest rate cuts in 2025 and pesky inflation hanging around. Technically, the NDX boasts solid support at around 21,000. It would take some seriously bad macro-news to dip below the 50-day moving average. Expect some range trading between 21,000 and 22,000 this week.
For traders, the game plan mirrors that of the S&P 500 Index. Pocket some profits during market highs and keep some cash handy for snagging better deals in 2025. Stay sharp, and ride the wave!
Critical Levels in S&P 500 Index this weekNavigating the S&P 500: What to Watch This Christmas Week
If you look at the S&P 500's technical chart, you'll notice something intriguing: Friday's rebound wasn't just any rebound — it came with a surge in volume. The Index is flirting with its 50-day Moving Average, a key indicator with investors on edge. As long as macroeconomic data doesn’t throw any curveballs, there's a promising outlook for a festive rally in the stock market this Christmas week. My eyes are on the 6,000 mark for the SPX as a pivotal point. If the momentum continues, we might even see it touch 6,100, which could be the ceiling for this bullish run.
doge update i dont listen to news or politics I READ the charts and its telling me we will see a lower low to my followers dont listen to the news read the charts ABC is still a valid this ABC .pattern invalid if we hit 0.37-36,but i believe we will on go lower form now on we should see lower lows to validate abc correction
WTI/USD on high time frame
"Hello traders, I am focusing on oil in the high timeframe. Oil, being a critical commodity, is heavily influenced by global political situations. Observing institutional orders, I anticipate that the price could potentially rise above $75 on the weekly and monthly charts. This week, due to low market liquidity caused by the holiday period, it is advisable to closely monitor the price for further analysis post-holidays."
GICRE Weekly symmetrical triangle breakoutGICRE Weekly Symmetrical Triangle Breakout 🚀
Analysis:
GICRE has broken out of a symmetrical triangle pattern on the weekly chart, accompanied by a significant volume spike.
Breakout Level: ₹450
Current Price: ₹501 (+13.23%)
Volume: 53.43M (above the 8.01M average)
Key Levels:
Upside Targets: ₹550 | ₹600
Support Zone: ₹450
Trade Setup:
Look for sustained buying or a retest near ₹450 for potential entry.
📌 High probability trade with bullish confirmation. Maintain proper risk management!
GICRE Weekly symmetrical triangle breakoutGICRE Weekly Symmetrical Triangle Breakout 🚀
Analysis:
GICRE has broken out of a symmetrical triangle pattern on the weekly chart, accompanied by a significant volume spike.
Breakout Level: ₹450
Current Price: ₹501 (+13.23%)
Volume: 53.43M (above the 8.01M average)
Key Levels:
Upside Targets: ₹550 | ₹600
Support Zone: ₹450
Trade Setup:
Look for sustained buying or a retest near ₹450 for potential entry.
📌 High probability trade with bullish confirmation. Maintain proper risk management!
urgent update on doge and DJI On MondayABC- pattern is still validated as long as we don't hit 0.27 on doge.this is what i believe will take place,on Monday or soon after we will see a big correction on the DJI this is going to affect all stocks especially any stock that is related to tech and AI at that moment btc as along with almost every alt can dip hard,so be prepared Monday for a choppy week. thank you for everyone that left support,and follows hope i could help thank you again.
Bitcoin Breakdown, Pi Cycle Top Projections, and USDT.D UpdateIn this video I break down what I'm seeing with Bitcoin and the possibility for an even deeper correction into the Green Buy-Block zones.
I also revsit my Fibonacci projections for this cycle, with initial targets of up to $150k and ulitmately a $200k high target based on the 3.618 Fib retracement projection.
There's confluence with these targets using the measured moves from the recent Bull Flag breakout as well.
The BIG question is, where do we go from here?
Here we check out the Pi Cycle Top indicator, and I make some potential projections...
And propose the idea of a dual-cycle top, like we saw in 2013.
It makes sense, that we see a Jan / February pump to new highs, followed by a recessionary bust in Q2 (March) into the summer and potentially into Q3.
But then rally strongly up from there in Q4 as Oct, November and December are typically very bullish in a 4 year cycle. Either way, I think $200k is the cycle top, if we can get there.
The USDT.D study has also been updated, to show 'sticky' support here on the lower trendline, allowing BTC to push higher again above $100k and even rally higher per above. But then we'll likely see a reversion to the mean, with the USDT.D and Total Market Cap / Bitcoin prices.
Check out the video, and share some love with a Like, Comment, and Share.
Best to luck to everyone!
- Brett
Start of decline: Below 3707.61
Hello, traders.
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Have a nice day today.
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(ETHUSDT 1W chart)
As I mentioned in the BTC idea, when the StochRSI indicator is moving, the value of the StochRSI indicator fluctuates when it passes a meaningful point.
Currently, the value of the StochRSI indicator seems to have fallen from the 100 point.
However, if it rises above a certain point, it is possible that it will show the 100 point again.
Also, you can check the exact value when a new candle occurs.
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In the previous idea, I said that the time to buy is when it is below 3438.16.
The reason is that if it goes up more than that, you may feel psychological anxiety due to volatility.
If you bought an altcoin during this buying period, I think it is likely that it is currently at a similar price range or making a profit.
Otherwise, if it is losing money, the coin (token) can be considered a subordinate coin (token).
In other words, it can be seen as being neglected in the market.
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(1D chart)
It has fallen below the HA-High indicator (3831.12).
It has also fallen below the MS-Signal (M-Signal on the 1D chart) indicator.
Accordingly, the key is whether it can be supported near 3644.71 and rise above the M-Signal indicator on the 1D chart, or if possible, above 3831.12.
If not, and it falls, there is a possibility that it will touch the M-Signal indicator on the 1W chart.
Before that,
1st: 3438.16 ~ 0.618 (3548.07)
2nd: 3265.0-3321.30
You need to check if it is supported near the 1st and 2nd above.
When the decline progresses, if the HA-Low indicator or BW(0) indicator is generated, it is important to check whether there is support near it.
In particular, if the HA-Low indicator is generated, it will close the current wave and create a new wave.
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Thank you for reading to the end.
I hope you have a successful transaction.
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- 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.
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(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.
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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.
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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
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LH on 28-31 December Followed by a Local bottom 1-3 January 2025Today is 21 December 2024. I expect a GREEN closure on 22 December, and a RED closure on 24 December.
One thing is clear to me that lower prices of Bitcoin and Alts are coming in the near future and therefore it is unlikely that the MMs will go straight down. I expect a LH on 28-31 December 2024 and then a local bottom on 1-3 January 2025.
The higher fractals presenting bull scenarios managed to forecast the top on 17 December 2024, however they got invalidated after that. I still keep them as a reference to what has happened historically. The most adequate fractal forecasting what is to come in the days ahead is the bottom fractal. Meandering between local tops and bottoms it reaches a sharp bottom on 1 February and from there on it makes a bull reversal.
Fractals rarely are valid for so long. My goal is to check if any sharper pivots are coming in the month ahead. The exact dates don't have to be exact.