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.
Trend Analysis
Long Bias Analysis for SOL/USDT (4H Chart):
Market Context:
Market Structure:
A clear Break of Structure (BOS) to the downside occurred, sweeping sell-side liquidity below $190.
The price is now trading in a Fair Value Gap (FVG), a common area where demand often re-enters the market.
Key Levels:
Support Zone: $185.79–$189.31, the FVG and demand zone, where buyers may step in.
Resistance Levels:
$209.09: First resistance and minor supply zone.
$212.73: A significant supply level and previous breakdown point.
$263.80: Ultimate bullish target if momentum sustains.
Indicators:
The price is below the EMA cluster, suggesting oversold conditions.
The imbalance (FVG) provides a confluence area for long entries with reduced downside risk.
Trade Plan:
Entry:
Look for entries around $189–$193, ideally after bullish confirmation (e.g., strong bullish candles or wicks rejecting the FVG).
Stop Loss:
Place the stop loss slightly below $185.79 to account for potential liquidity grabs while minimizing risk.
Take Profits:
TP1: $209.09 – Close to the EMA and minor resistance.
TP2: $212.73 – Significant supply zone and previous structural high.
TP3 (Stretch Target): $263.80 – The upper range and major supply level.
Risk-Reward Analysis:
Entry near $190, SL at $185, and TP2 at $212 provides a 4:1 Risk-to-Reward Ratio.
Reaching TP3 would significantly increase the reward potential.
Key Notes:
Confirmation:
Watch for reversal candlestick patterns or increased volume near the FVG.
A break and hold above $197 (current resistance) will signal a stronger bullish case.
Partial Profits:
Take partial profits at TP1 to secure gains, then trail the stop loss to breakeven for remaining positions.
Invalidation:
A clean break below $185 invalidates this setup and could lead to further downside.
MSTZ to $32....early Christmas giftLet's start 2025 with a bang! This is my last gift for the year.
Microstrategy will be tanking with BTC drop and the rate of decrease has noticeably been steep and purposeful. Thankfully, MSTZ is the superstar that will save the day (2x inverse). The gravity is strong with this one, until consolidation around $32. We're looking at 30%ish upside on this puppy. It will go fast so lock and loaded tomorrow and prob close out in a few hours.
As always, do your due diligence and best of luck!
Bitcoin's road to 150,000 Bitcoin Halving 2024: A New Era
The fourth Bitcoin halving, expected on April 15, 2024, will cut the block reward to 3.125 BTC, increasing scarcity and reinforcing its deflationary nature. Historically, halving cycles drive three phases: a bullish uptrend in the first 70,000 blocks, a bearish retracement in the next 70,000, and sideways consolidation before the next halving. This cycle points to a potential peak of $150,000, supported by historical trends, logarithmic regression, and metrics like the MVRV ratio.
Current Market Position
Bitcoin has emerged from the sideways phase of the third halving era (2020–2024) and is poised for a bullish run. The MVRV ratio, currently at 2.24, signals fair value, with room for growth. Historical patterns show Bitcoin dominance surges above 70% during bullish phases, supporting price appreciation.
Halving Cycles and Projections
Bitcoin's logarithmic regression model aligns with these price phases:
Bullish Phase (0–70,000 blocks): Exponential growth; projected high of $150,000.
Bearish Phase (70,000–140,000 blocks): Retracement of 80%, with lows around $55,000.
Sideways Phase (140,000–210,000 blocks): Consolidation before the next cycle.
MVRV Ratio Insights
The MVRV ratio (Market Value to Realized Value) serves as a key valuation tool:
MVRV > 3.7: Overbought, market tops.
MVRV < 1: Undervalued, market bottoms. The current reading of 2.24 reflects equilibrium, signaling potential upside.
Timeline Overview
April 2024 (Halving): Demand rises, supply tightens, sparking bullish momentum.
2025–2026: Peak at $150,000 as the bullish phase matures.
Post-Bullish Phase: Retracement to $55,000, consistent with historical patterns.
Conclusion
Bitcoin’s cyclical dynamics, driven by halving mechanisms, position it uniquely in financial markets. Historical data and on-chain metrics suggest a bullish trajectory to $150,000, with an 80% drawdown to $55,000 post-peak. While short-term volatility remains, Bitcoin’s long-term appeal as a store of value persists.
Disclaimer: This analysis is educational and not financial advice. Cryptocurrency investments are volatile, and past performance does not predict future results.
Sources
Coin Metrics
CryptoQuant
TradingView Data Analysis
GBP/CHF Analysis🔻 Trend Direction:
The trend is clearly bearish, with strong selling momentum dominating the GBP/CHF currency pair. The price has broken below key levels and is showing no immediate signs of reversal, indicating a strong continuation of the downtrend.
💡 Key Observations:
1️⃣ The strong sell-off aligns with the saying, "Let the trend be your friend," as the bearish momentum is evident.
2️⃣ Price is heading toward key support zones, as highlighted in the chart.
3️⃣ Potential support levels around 1.1185 and 1.1135, where the price may slow down or reverse.
📌 Trading Idea:
Consider short positions if the bearish momentum continues, aiming for the support zones.
Stay cautious around these areas, as they could trigger reversals or consolidation.
🚨 Risk Management:
Place stop-losses above 1.1230 or higher to protect against unexpected pullbacks.
Use proper risk management strategies and monitor price action at key levels.
USD/CAD AnalysisThe USD/CAD pair has been trading within an ascending channel but recently broke out, reaching a significant resistance level from March 2020. This resistance appears to have halted the bullish momentum, suggesting the possibility of a correction in the coming sessions.
💡 Key Observations:
1️⃣ The price broke above the ascending channel but is struggling to maintain momentum at the resistance level.
2️⃣ Historical resistance from March 2020 is likely to act as a strong barrier for further upward movement.
3️⃣ Signs of weakness and loss of momentum indicate a potential downward correction.
🔻 Potential Target Zones for Correction:
First Target: 1.429
Second Target: 1.421
Longer-term Target: 1.408
Adobe - The Triangle Breakout Is Coming!Adobe ( NASDAQ:ADBE ) still remains in a bullish market:
Click chart above to see the detailed analysis👆🏻
For more than four years, Adobe has actually been moving sideways, still digesting the crazy bullrun which we saw over the past decade. Looking at the symmetrical triangle pattern though, this is just a bullish consolidation, which will most likely end with another bullish breakout.
Levels to watch: $440, $560
Keep your long term vision,
Philip (BasicTrading)
TSLA Might Still Have Some LegsAlthough I do believe telsa is quite overvalued at the moment, I do believe she may have some legs to run here going into January before a larger correction.
Looking to flip the previous ATH into support here before a final pump which may be the short opportunity for Tesla.
Lets see how it plays out
NAS100USD: Strategic Selling Amidst Bearish MomentumGreetings Traders!
In today’s analysis of NAS100USD, we reflect on yesterday’s high volatility, which triggered a significant displacement to the downside. Such strong movements often leave inefficiencies in price action that may be revisited in the near future. However, the prevailing bearish institutional order flow suggests opportunities to capitalize on selling setups.
Key Observations:
1. Consolidation in Premium Zones:
Currently, price is consolidating at a premium level, providing an optimal zone to initiate sell positions. Following the principle of selling in premium and buying in discount, this setup aligns with institutional trading strategies.
2. Bearish Momentum:
The bearish structure remains intact, reinforcing the likelihood of price continuing its descent toward discount zones.
3. Potential Reversals in Discount:
When price reaches discount levels, it is possible for a reversal back into premium zones. This necessitates a strategic and observant approach to anticipate the next market move.
Trading Strategy:
Entry: Seek confirmation to sell at premium levels during this consolidation phase.
Target: Discount zones, where sell-side liquidity resides, will serve as the primary profit-taking area.
As always, remain vigilant and adaptive to market dynamics. If you have insights or questions, feel free to share them in the comments. Let’s learn and grow together!
Kind Regards,
The Architect
GIC Re: Eyeing a Potential Breakout on the Weekly ChartThe stock of General Insurance Corporation of India (GIC Re) is exhibiting a promising technical setup as it consolidates near critical resistance. With strong price action and an ascending triangle pattern forming, the stage seems set for an upward breakout.
Key Levels and Setup
📈 Support Trendline: The stock has consistently respected an upward trendline, starting from lower levels and providing a strong base for price action.
📌 Immediate Resistance: ₹440–₹460 is the critical zone to watch. A breakout above this level could open doors to significant upside potential.
🚀 Upside Targets:
Target 1: ₹520
Target 2: ₹740
📉 Stop-Loss: To manage risk, a stop-loss can be placed below ₹430, near the ascending trendline support.
Trading Plan
Breakout Confirmation: Look for a weekly close above ₹460 with a noticeable increase in volume to confirm the breakout.
Retest Entry: If the stock retests ₹440–₹460 as support, it could provide a low-risk entry opportunity for positional traders.
Volume and Momentum
Keep an eye on trading volume as the stock approaches ₹460. A high-volume breakout will reinforce the bullish case, increasing the likelihood of sustained upward momentum.
⚠️ Warning: Markets are unpredictable, and no setup guarantees profits. Always use proper risk management strategies to protect your capital.
Disclaimer: This is not financial advice. Always perform your own analysis or consult with a financial advisor before making any investment decisions.
💬 What are your thoughts on GIC Re’s potential breakout? Do you think it will hit ₹740? Let me know in the comments below!
🚀📊 Don’t forget to follow, like, comment, and share for more insights like this!
#GICRe #TechnicalAnalysis #StockBreakout #TradingSetup
BTC dump as BTC.D gears up to retest!!Join our community and start your crypto journey today for:
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Let's analyze BTCUSDT :
Bitcoin has broken below its previous trading channel and is testing lower support levels. This drop is largely attributed to Bitcoin dominance (BTC.D) rising to retest the 59% level. BTC is presently around the $94,700 support. If this level holds, a significant price rebound is possible. However, if BTC dominance reaches 60% or higher, BTC could fall further to around $91,000.
Key Support Levels:
$94,700
$92,0500-$91,100
Key Resistance Level:
$98,500
If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see.
Happy Trading!!
(RCF) is Poised for a Breakout: Watch These Key Levels!Rashtriya Chemicals & Fertilizers Ltd. (RCF) stock is showing promising technical setups as it consolidates near critical resistance. With strong price action and a trendline acting as support, the stage may be set for an upward breakout.
Key Levels and Setup
📈 Support Trendline: The stock has consistently respected an upward trendline starting from ₹155. This serves as a strong base for further price action.
📌 Immediate Resistance: ₹183-188 is the immediate level to watch. A breakout above this zone could trigger significant bullish momentum.
🚀 Upside Targets:
Target 1: ₹205
Target 2: ₹240
📉 Stop-loss: To manage risk, a stop-loss can be placed below ₹175 (near the base of recent consolidation).
Trading Plan
Breakout Confirmation: Look for a daily close above ₹188 with volume to confirm the breakout.
Retest Entry: If the stock retests ₹188 as support, it could be an ideal entry point for a low-risk trade.
Volume and Momentum
Watch for an increase in trading volume as the stock approaches ₹188. High volume during the breakout will strengthen the bullish case.
⚠️ This is not financial advice. Always perform your own analysis before entering any trade.
💬 Do you think RCF will reach ₹240? Share your thoughts below!
🚀📊 #RCF #TechnicalAnalysis #StockBreakout #TradingSetup
RIVN Descending Triangle Pattern - Key Levels!The 30-minute chart for RIVN highlights a potential descending triangle breakout, signaling a possible trend reversal:
Entry: $13.14 (yellow line - breakout level).
Stop Loss (SL): $12.78 (white line - key support).
Target 1 (T1): $13.58 (red line - first resistance).
Target 2 (T2): $14.22 (green line - major resistance).
The price is attempting to break out of the descending triangle with increasing momentum. Monitor for confirmation at $13.14.
#RIVN #StockMarket #TradingSetup #TechnicalAnalysis #NASDAQ
USDT Dominance Analysis!!The area highlighted in yellow is around 3.80% to 3.90%, which aligns with recent higher lows and historical demand.
4.20%: Immediate resistance where the price is currently reacting.
The dashed line indicates 4.45%: Key resistance and potential target.
Descending resistance trendline: Broken upwards, indicating a bullish reversal.
200 MA (green line):
Acting as dynamic resistance, now broken.
The descending trendline and breakout above the 200 MA suggest that USDT dominance is gaining momentum.
The price may revisit the 4.00%–4.10% area for a retest before moving towards the 4.45% target.
If dominance sustains above 4.00%, continuation towards 4.45% is likely.
Keep an eye on strong candles and rising volume to validate the breakout.
A drop below 4.00% will invalidate the bullish setup, with a possible retest of the 3.80%-3.90% support area.
The chart shows a clear breakout from a downtrend, indicating a bullish bias.
Keep an eye on a retest of support and follow-up towards 4.45%.
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
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.
$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.
ACHR Symmetrical Triangle Breakdown with Key Level!The **30-minute chart** for **ACHR** highlights a **symmetrical triangle breakdown**, indicating bearish momentum.
- **Entry**: $8.32 (yellow line - breakdown level)
- **Stop Loss (SL)**: $7.75 (white line - key support)
- **Target 1 (T1)**: $9.30 (red line - immediate resistance)
- **Target 2 (T2)**: $10.55 (green line - major resistance level)
The price is breaking below key support levels with strong volume, suggesting potential for further downside. Watch for price action near $8.32 to confirm the trend.
#ACHR #TradingSetup #TechnicalAnalysis #NYSE #StockMarket #BearishTrend
Could the Silver rise from here?The price is reacting off the support level which is an overlap support that lines up with the 127.2% Fibonacci extension and could rise from this level to our take profit.
Entry: 28.78
Why we like it:
There is an overlap support level that lines up with the 127.2% Fibonacci extension.
Stop loss: 27.71
Why we like it:
There is a pullback support level.
Take profit: 29.83
Why we like it:
There is a pullback resistance.
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NEIRO, might surprise everyone.NEIROUSDT / 1D
Hello Traders, welcome back to another market breakdown.
The meme coins market is showing strong bullish momentum in the current Crypto cycle, breaking through key resistance levels and signaling a potential continuation to the upside. However, instead of jumping in at current levels, I recommend waiting for confirmation into the breakout zone for a more strategic entry.
If the pullback holds and buying confirms, the next leg higher could target:
1- Lower quarter of the range
2- Mid of the range
3- New all-time high
Stay disciplined, wait for the market to come to you, and trade with confidence!
Trade safely,
Trader Leo.