Merchants Bancorp/IN | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Merchants Bancorp/IN
- Double Formation
* Pennant Structure | Area Of Value | Subdivision 1
* Retracement 1 | Not Numbered
- Triple Formation
* 012345 | Wave Count Valid | 345 Template Ongoing Entry
* Retracment 2 | Numbered | Subdivision 2
* Daily Time Frame | Behavioural Settings | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Sell
Fibonacci
Bravura Solutions | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Bravura Solutions
- Double Formation
* 1.600 AUD | Trend Line Survey Valid
* 0.800 AUD | Trend Line Uptrend Bias | Subdivision 1
- Triple Formation
* Retracement 1 | Not Numbered | Consolidation | Subdivision 2
* Median)) | Conditions Entered | Survey Valid At 1.800 AUD
* Retracement 2 | Numbered | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
PEPEUSDT: Technical Insights and Trading Strategy
Market Overview
- PEPEUSDT is currently in a corrective phase after a sharp decline, with price approaching a key demand zone around 0.00001578 USDT.
- The analysis suggests potential accumulation and a bullish recovery if the support holds.
---
Technical Analysis
1. Support and Resistance Levels:
- Support Zone:
- 0.00001578: Key accumulation level identified for potential entries.
- Below this level, price may test the next support near 0.00001450.
- Resistance Levels:
- 0.00001900: Initial resistance for price recovery.
- 0.00002514: Target resistance zone aligned with the bullish breakout projection.
2. Fibonacci Retracement:
- The price has retraced deeply, approaching the 78.6% Fibonacci retracement level, a common area for reversals in crypto markets.
3. Trendline Analysis:
- A potential reversal pattern is visible as price consolidates near the demand zone.
- A breakout above 0.00001900 confirms a short-term trend reversal.
---
Momentum and Indicators
1. RSI (14):
- RSI is approaching oversold conditions, signaling potential bullish divergence.
- A rise above 40-50 would confirm increasing bullish momentum.
2. Volume Analysis:
- Decreasing sell volume near support suggests diminishing bearish pressure.
- A spike in buy volume at this level would reinforce the reversal signal.
---
Trading Plan
1. Entry Points:
- Accumulate positions near 0.00001578.
- Add more positions on breakout confirmation above 0.00001900.
2. Stop-Loss:
- Place stop-loss below 0.00001500 to manage downside risk.
3. Profit Targets:
- Primary Target: 0.00002514 (aligned with the chart projection).
- Stretch Target: 0.00002800, if bullish momentum persists.
4. Risk Management:
- Risk no more than 2% of total capital on this trade.
---
Scenarios
1. Bullish Scenario:
- Price holds the 0.00001578 level and breaks above 0.00001900 with rising volume.
- Targets 0.00002514, with possible extension to 0.00002800.
2. Bearish Scenario:
- Failure to hold the 0.00001578 support may lead to further downside, targeting 0.00001450 or lower.
---
Pro Summary
PEPEUSDT is showing signs of accumulation at a critical support level. A breakout above 0.00001900 will confirm a reversal toward 0.00002514 and higher. Traders should exercise caution and set strict stop-loss levels to minimize risks.
---
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Trading cryptocurrencies carries significant risk, and you should conduct your own research or consult a financial advisor before making investment decisions.
Steadfast Group Limited | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Steadfast Group Limited
- Double Formation
* (Neckline) At 6.1600 AUD | Subdivision 1
* Retracement | Not Numbered
- Triple Formation
* Trend Line 1 & 2 | Survey Valid | Subdivision 2
* 012345 | Wave Count | Configuration Entry | Subdivision 3
* Retracement | Numbered At Daily Time Frame
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
NQ Power Range Report with FIB Ext - 12/20/2024 SessionCME_MINI:NQH2025
- PR High: 21429.25
- PR Low: 21363.00
- NZ Spread: 148.25
Key scheduled economic events:
08:30 | Core PCE Price Index (YoY|MoM)
Value decline continues below daily Keltner avg cloud
- QQQ gap filled
- Maintaining vols since FOMC triggered selling
- Next key pivot, 20920 zone from Nov 27
Session Open Stats (As of 12:40 AM 12/20)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 345.51
- Volume: 51K
- Open Int: 237K
- Trend Grade: Bull
- From BA ATH: -5.2% (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
Neurocrine Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Neurocrine Stock Quote
- Double Formation
* Retracement | Not Numbered | A+ Set Up Area | Subdivision 1
* Wedge Structure | 117.00 USD & 106.00 USD | Subdivision 2
- Triple Formation
* Bottom Structure | Uptrend Bias At 0.5 & 0.382
* Target Entry | Bottom Structure | Survey Valid
* Daily Time Frame | Zone | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
Bitcoin: Interconnectedness of Defining CyclesJust a followup analysis on scalable structure from "Natural Patterns & Fractal Geometry" ed idea.
Additional Regularities:
2018 Downtrend Phase Fib Resonation:
Fibonacci ratios are not just mathematical abstractions; they manifest in Bitcoin's market structure due to human behavior and market psychology.
2020 Uptrend Phase Fib Resonation:
Unconventional use of Fibonacci ratios highlights areas where price has shown significant reactions. These levels act as dynamic support and resistance zones, underscoring the fractal and cyclical nature of Bitcoin's price movements.
2021 - Late 2022 Crash Metrics More detailed breakdown of emerging randomness:
The repetitive alignment of market cycles with Fibonacci levels underscores Bitcoin's tendency to oscillate between predictable extremes, offering insights for timing entries and exits.
Distinct cycles are clearly visible, separated by major tops (e.g., ATH in 2013, 2017, and 2021) and bottoms (e.g., the 84.12%, 72.26%, and 77.57% corrections). Each cycle adheres to Fibonacci retracement and extension levels, demonstrating a self-similar structure .
Price expansions align with Fibonacci extensions (e.g., 1.618 and beyond), showing that Bitcoin’s growth phases are not random but rather guided by harmonic principles.
The ascending channels mapped through Fibonacci ratios capture both the bullish and corrective phases, showcasing the market's bounded yet fractal rhythm .
The percentage swings (+2484.44%, +12804.20%, +1692.21%, +600.07%) highlight the explosive nature of Bitcoin during expansion phases, followed by steep corrections. These as well align with Fibonacci proportions, providing a blueprint for market rhythm.
$SPY December 20, 2024AMEX:SPY December 20, 2024
15 Minutes.
As expected base being formed after brutal fall.
Still in downtrend as below all moving averages.
We can see oscillator divergence.
We have multiple hits around 586 levels.
If break. i see more 10$ downside towards 576 levels.
To test 100 average support 240 minutes chart.
No longs. Yet.
$SOL Short-Term Pain Ahead CRYPTOCAP:SOL price broke to the downside of the 50D SMA
Bearish Crossing from the 20D MA ahead.
Needs to hold critical support at $190 / .786 Fib
Another bearish day could dump CRYPTOCAP:SOL to $175 / .618 , and if that doesn’t hold the move should finish at $165 / 50% level.
RSI shows more downside for confluence.
$BTC Showing More Downside AheadCURTAIN CALL FOR CRYPTOCAP:BTC 🧐
Need to close the Day above $99k to hold this uptrend and .786 Fib level
Tomorrow will be a big day to watch 🍿
If we get a 3rd bearish candle that will signal our final dump to $85-90k before we take our next leg up to $115k 🚀
Volume trending bearish along with the RSI showing more room for downside.
Don’t get shaken out!
Santa Claus is coming to town 🎅
Vaxart, Inc. A big thank you to all for helping me reach the 8k follower milestone..
On the above weekly chart price action has corrected over 90% since February 2020. A number of reasons now exist to be bullish, including:
1) You know why..
2) Price action confirms support on past resistance.
3) The support is on the Fibonacci 0.236
4) RSI resistance breakout.
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: investment
Risk: <=6% of portfolio
Timeframe: Now
Return: Will say elsewhere
Stop loss: Will say elsewhere
ETHUSD – Bloodbath Today, Green Skies Tomorrow?Ethereum’s taken a hit today, currently trading at $3373. It’s been a rough ride, with the price engulfing the entire 0.236 Fibonacci retracement, but don’t lose hope just yet. The weekly close is still three days out, and the real fight lies in reclaiming the $3600 mark. If ETH can claim $3600 on the weekly, that’s our signal—flash green, and it’s off to the races, targeting $4600 and a shot at a new ATH.
Once we smash through the $4600 ATH, the doors open to a Fibonacci extension at 1.272, with the first range in $5800 territory. That’s where things get spicy.
Bearish Scenario:
Volatility is spiking, and liquidity-seeking wicks are on the table. If we see further downside, $3000 ETH aligns perfectly with the 0.382 Fibonacci retracement—a strong candidate for a planned bounce. But will it get there? The current price action sits smack in the middle of a major resistance band from 2021 and earlier this year (2024), so the battle is real.
Bullish Outlook:
My gut says this is just whale/market-maker manipulation, designed to shake out retail emotions. Institutional support is growing, and with ETFs in the pipeline, boomers who wouldn’t touch a ETH wallet are ready to pile in. The maxis already know how to buy it, but the coming capital inflows from ETFs could be the game-changer.
TL;DR:
Current Price: $3373, engulfed 0.236 Fib.
Key Levels:
Bullish Targets: $3600 reclaim → $4600 ATH → $5800 Fibonacci extension (1.272).
Support: $3000 (0.382 Fib).
Outlook: Market emotions are high, but institutions are gearing up. My gut says long it and hold strong—whales are just playing games. 🐋📈
Stay strong, bulls. The long game is bullish, and sizing into this feels like the right play. Let’s ride this out. 💪🚀
$MSTR - The Rocket Takes OffHere is the daily chart for $MSTR. With its recent inclusion in NASDAQ:QQQ , the stock appears poised for further growth.
From a technical perspective, the current triangle formation suggests potential downside movement toward $368, where the price may test the lower boundary of the pattern. Following this, I anticipate a bullish breakout to the upside.
The resistance near the previous all-time high (ATH) is unlikely to hold for long, and I expect NASDAQ:MSTR to surpass this level in its upward trajectory.
Can we set a new ATH before 2025?This scenario presents a classic Ending Diagonal structure for Primary Wave (5), where XRP has likely completed Wave (4) near $1.90 and is now advancing upward to set new ATH. After entering price discovery and everybody FOMOs in, a significant portion of HODLers will start taking profits which will slow down the momentum and eventually leads to the formation of a bearish divergence marking the end of the impulse.
The first major resistance is the current high at $2.9 then the 2017's ATH at $3.31, from which we can expect a smaller degree correction.
For this scenario to unfold, we will need a steady momentum. Then we can expect it to set a new ATH before the end of year. Personally, my targets for this would be somewhere between $4 and $7 by late Jan to early Feb 2025, given the current pace and Trump's inauguration (and maybe SEC settlement?).