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Bitcoin - No one is expecting this move! (must see)A lot of people are turning very bearish on Bitcoin, but I don't think it's time to be bearish, the bearish trend is not confirmed at all, and the price of Bitcoin should first touch the long-term major trendline (2017 -> 2021 -> 2025). You want to sell at the touch of the trendline. The second option is to use the Fibonacci extension tool and look for the 1.618 FIB. I did it for you, and the 1.618 FIB is exactly at 122,069 USD. Bitcoin is currently in the final stage of the bullish cycle that started in 2022 (15,632 USDT) and is predicted to end in 2025 (around 125,000 USDT). This was a pretty good investment, but if you are jumping in right now, you will most likely get hurt in 2025 and 2026. Let's take a look at history to see what we can expect in the next few years. Bitcoin crashed by 84% (in 2018) and 77% (in 2021). These are the classic bear market crises that Bitcoin experiences every 3–4 years. It's because we have halving events (reducing rewards for miners in BTC) every 4 years from a fundamental perspective. You may know that Bitcoin is highly volatile. History is telling us that in 2025/2026 a huge bear market and crisis are ahead. From the Elliott wave perspective, we are in the final wave (5). We can expect an ABC correction in 2025/2026 which would bring the price down to 50,000. I bring you very strong technical data that you can use on your trading decisions. In conclusion, I am currently optimistic about the price of Bitcoin for the next weeks and months. I think Bitcoin will hit 120k to 125k before we experience a major drop or flash crash. It's safe to buy/long Bitcoin, but do not forget to take profit! Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
BITSTAMP:BTCUSDLong
by Xanrox
34
BTCUSDTHello Traders! 👋 What are your thoughts on BITCOIN? Bitcoin remains in a neutral, range-bound trend, currently trading below a key resistance zone. At this point, two potential scenarios could unfold: 1. Bullish Scenario: If Bitcoin breaks above the resistance level with strong momentum, it could confirm a continuation of the uptrend. A confirmed breakout would present an opportunity to enter long positions strategically. 2. Bearish Scenario: If Bitcoin fails to break the resistance, a rejection could lead to a pullback toward lower support levels. In this case, waiting for a clear breakout confirmation before entering buy positions would be the prudent approach. Don’t forget to like and share your thoughts in the comments! ❤️
by HAMED_AZ
23
Bitcoin can exit from triangle and then rise to 101K pointsHello traders, I want share with you my opinion about Bitcoin. Not long ago, the price reached a support level aligned with the buyer zone. It consolidated there for a while before climbing into a pennant formation. Inside the pennant, the price broke through the 95200 level and continued its rise toward the resistance level, which overlapped with the seller zone, eventually breaking through this area as well. Following that, the price advanced to the resistance line of the pennant but soon reversed direction, sharply dropping to the support line. It broke through this support, signaling an exit from the pennant pattern and surpassing the 104700 resistance level. After a minor decline, the price rebounded quickly, reaching the seller zone once more, before turning lower and forming a triangle pattern. Bitcoin slid down to the triangle's support line, then reversed and bounced upward, breaking the support level again in the process. This led to further declines, with the price eventually hitting the buyer zone. From there, it rebounded back toward the triangle’s resistance line. Currently, the price is trading close to this resistance line. In my view, Bitcoin can drop back to the support line before rebounding higher, potentially climbing to 101K points and breaking out of the triangle formation. Please share this idea with your friends and click Boost 🚀
by LegionQ8
14
Lingrid | GOLD Weekly Outlook: Anticipating Short-Term PullbackOANDA:XAUUSD market dropped from the resistance zone, forming a double top. The PCE inflation data triggered a pullback, leading to a 2% decline from the highs—similar to the decline we saw around two months ago. On the weekly timeframe, the price formed a long-tailed bar, signaling a rejection candle, and ultimately closed below the previous weekly high. Additionally, the price broke and closed below the upward trendline that had supported the market since the beginning of February. This breakout suggests a pause in the bullish momentum. On the daily timeframe, the market formed an engulfing candle at the resistance zone, indicating that the price may retrace toward the 2820 and 2830 levels. We’ve seen seven consecutive bullish weeks. Typically, after such strong momentum, the market either moves sideways or experiences a quick pullback. Given that there are few USD-related news events next week, I expect the market to potentially push lower. However, due to concerns about tariffs, there is also a chance the price could consolidate around the current zone before pushing higher. In any case, we must remain responsive to price action as it unfolds. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
OANDA:XAUUSDShort
by Lingrid
23
GOLD → Price is confirming the flat. Emphasis on 2905FX:XAUUSD within the 2% correction that happened on Valentine's Day confirmed that one should not fall in love with the market. Technically the market is still bullish, the price is inside the range of 2880 - 2940 Investors are waiting for the meeting between Trump and Putin, which may influence the Russian-Ukrainian conflict and reduce geopolitical risks. Additional support for gold is provided by expectations of Fed rate cuts after weak US retail sales data. At the same time, the markets are watching the escalation of the tariff confrontation between the US and the EU. High volatility is possible in the coming days due to holidays in the USA and speeches of the Fed representatives The key figure is the ascending support, relative to which a false breakdown and the range of 2880 - 2940 is formed. If the price holds in the buying zone, under the bullish support, we can still see the growth. Resistance levels: 2904.7, 2922.6 Support levels: 2893, 2880 A pre-breakdown consolidation is forming around 2904.7. If the resistance is broken and the bulls can keep the defense above this zone, the gold may continue its strengthening. I do not exclude a retest of the support at 2893 - 2880 before further growth. Regards R. Linda!
FX:XAUUSDLong
by RLinda
9
AMD: It's A Golden Buying OpportunityHello, Advanced Micro Devices, Inc engages in the provision of semiconductor businesses. It operates through the following segments: Computing & Graphics, and Enterprise, Embedded and Semi-Custom. The Computing and Graphics segment includes desktop and notebook processors and chipsets, discrete and integrated graphics processing units, data centre and professional GPUs and development services. The Enterprise, Embedded and Semi-Custom segment includes server and embedded processors, semi-custom System-on-Chip products, development services and technology for game consoles. TECHNICAL ANALYSIS- Checklist Structure drawing (Trend line drawing on past price chart data)- As shown below Patterns identification (Naming patterns on past price chart data for future wave)- As shown Future indication (Reading indicator for future wave)- Awaiting 0 crossover on MACD Future wave (Drawing on future price chart using future indication from indicator)- As shown below Future reversal point (Identifying trend reversal point on price chart using structure)- Target as shown $244 AMD shares are currently trading near their 52-week lows after the top reached in March 2024. Just A day after inauguration the Trump administration announced the Stargate AI Infrastructure initiative in collaboration with OpenAI, SoftBank and Oracle. According to Aaron Rakers, a Semiconductor and IT Hardware analyst, the initiative aims to deploy an immediate $100 billion for AI data center construction, starting with an ongoing project in Abilene, Texas, with the potential to scale up to $500 billion over the next four years. While this development is expected to benefit AI infrastructure and semiconductor companies, OpenAI's press release specifically mentioned NVIDIA and ARM as key initial partners, omitting AMD. This raise concerns that AMD may have missed a crucial opportunity in the AI investment boom. While this might be seen as negative there is positive news coming in from the US government, Yesterday 11th February 2025 JD Vance said the administration of President Donald Trump "will ensure that the most powerful AI systems are built in the U.S. with American-designed and manufactured chips.” This gives hope for United States of America AI companies in the coming years. Recently Deepseek caused ripples in the AI market as well. DeepSeek a Chinese AI startup is challenging the prevailing "bigger is better" mindset in AI model training by delivering high-performance results with fewer GPUs and lower costs. This suggests that innovation in model design and efficiency can rival brute-force training approaches. If hyperscalers begin reassessing the necessity of massive GPU clusters, it could impact long-term demand for training hardware. However, near-term spending on AI infrastructure remains strong, with companies like Meta, Microsoft, Amazon and Google continuing their multi-billion-dollar investments as per their recent Q4 earning updates. While DeepSeek has stirred significant discussion in the semiconductor space, it is yet to showcase any ground-breaking advancements beyond what OpenAI already offers. Having tested the product, we noticed that OpenAI has quickly updated its reasoning capabilities to match DeepSeek's edge over ChatGPT. One of the biggest limitations of generative AI platforms remains their outdated datasets, often capped at 2024. We expect this to disappear with time. It's still too early to determine the full impact, but if DeepSeek’s approach gains widespread adoption, new AI market leaders could emerge, potentially shifting market dynamics. Moreover, DeepSeek's success disrupts the dominance of U.S. firms and highlights vulnerabilities in the effectiveness of export controls on high-end chips. Despite missing out on the Stargate initiative, AMD has expanded its AI chip portfolio and achieved a significant milestone by securing a spot in Dell’s new commercial AI PC lineup. The commercial PC market, which accounts for 55% of total PC shipments, remains a crucial battleground for vendors. Dell, holding 15% of the total PC market and 23% of the commercial segment, is the third-largest commercial PC vendor, with over 85% of its unit sales tied to commercial customers. Following AMD’s recent earnings report, the stock plunged 10% in premarket trading. While the company posted solid Q4 results, weaker-than-expected guidance on data center sales weighed on investor sentiment. Lastly, China represents a significant revenue source for AMD. However, the ongoing trade tensions between the U.S. and China pose a considerable risk to this income stream, adding another layer of uncertainty to AMD’s future outlook. FINANCIAL HIGHLIGHTS FOR THE YEAR ENDED DECEMBER 28, 2024 Net Revenue: $25,785 million, reflecting a 14% increase from $22,680 million in 2023, driven by strong performance in the Data Center and Client segments. Gross Profit: $12,725 million, with a gross margin of 49%, up from 46% in 2023, due to a favorable revenue mix shift towards higher-margin segments. Operating Income: $1,900 million, a significant increase from $401 million in 2023, primarily due to higher revenue and improved gross margins. Net Income: $1,641 million, compared to $854 million in 2023, driven by increased revenue and operating income. Diluted EPS: $1.00, up from $0.53 in 2023, reflecting the company's improved profitability. Revenue Segments: The Data Center segment saw a significant increase in net revenue, driven by higher sales of AMD Instinct GPUs and AMD EPYC CPUs. The Client segment also experienced growth due to increased unit shipments and higher average selling prices of AMD Ryzen processors. However, the Gaming and Embedded segments faced declines in net revenue due to lower semi-custom product revenue and normalized inventory levels, respectively. New Product Launches: AMD launched several new products, including the 5th Gen AMD EPYC processors, AMD Ryzen AI 300 Series processors, and the Ryzen 9000 series processors. These products are designed to deliver leadership performance in gaming, productivity, and AI capabilities. New Production Launches: The company expanded its adaptive computing portfolio with the launch of the Versal Series Gen 2 devices, including the Versal AI Edge Series Gen 2 and Versal Prime Series Gen 2 adaptive SoCs, which enhance AI-driven embedded systems. Future Outlook: AMD plans to continue its focus on AI and enterprise markets, with expectations to complete the acquisition of ZT Systems in the first half of fiscal year 2025. The company also intends to seek a strategic partner for ZT Systems' manufacturing business. Sales Units: The Client segment reported a 34% increase in unit shipments, reflecting strong demand for AMD mobile and desktop Ryzen processors. Geographical Performance: International sales accounted for 66% of net revenue in 2024, indicating a strong global presence and continued significance of international markets in AMD's sales strategy. CHALLENGES AND RISKS Market and Competitive Risks: The company faces significant economic and strategic risks due to the dominance of Intel and Nvidia in their respective markets, which may limit AMD's ability to compete effectively. The semiconductor industry is highly cyclical, with severe downturns that have historically affected the company. Operational Risks: The company relies on third-party manufacturers, which poses risks if these suppliers are unable to meet demand or if there are disruptions in the supply chain. Potential security vulnerabilities in products and IT outages or cyberattacks could also disrupt operations. Legal and Regulatory Risks: Government actions that may limit product exports and evolving expectations regarding corporate responsibility could result in additional costs and reputational harm. Management Strategies: Management is focusing on timely product introductions and maintaining product quality to provide value to customers. The company is also investing in AI capabilities to meet the growing demand for AI solutions, although the trajectory of AI adoption remains uncertain. Market Risks: The company is exposed to unfavorable currency exchange rate fluctuations, which could adversely affect profitability and cash flows. Additionally, potential changes in tax regulations and the realization of deferred tax assets could affect financial results. STRATEGIC INITIATIVES IN 2024 Strategic Initiatives: In 2024, AMD focused on expanding its AI capabilities and data center infrastructure. The company launched multiple leadership products, including the 5th Gen AMD EPYC processors and AMD Ryzen AI 300 Series processors, to enhance its high-performance computing portfolio. AMD also acquired Silo AI Oy to bolster its AI software capabilities and entered into an agreement to acquire ZT Systems to enhance its AI and compute infrastructure offerings. Capital Management: AMD repaid its 2.95% Senior Notes due 2024, reducing its total debt from $2.5 billion to $1.8 billion. The company returned $862 million to shareholders through the repurchase of 5.9 million shares of common stock. As of December 28, 2024, $4.7 billion remained available for future stock repurchases. AMD maintained a revolving credit facility of $3 billion and a commercial paper program, both of which were undrawn during the year. Future Outlook: AMD plans to close the acquisition of ZT Systems in the first half of fiscal year 2025, subject to regulatory approvals. The company intends to seek a strategic partner to acquire ZT Systems' manufacturing business. AMD expects to continue leveraging its cash, cash equivalents, and credit facilities to fund operations and strategic initiatives, including potential acquisitions and capital expenditures, over the next 12 months and beyond. Our recommendation When it comes to AI beneficiaries and hardware for AI applications, AMD has failed to get the highlight it deserves. This has greatly led to a lot of investors looking at Nvidia vs AMD. However, over the last few weeks, Deepseek caused ripples in the AI market due to its ability to make programs with less powered chips. DeepSeek's V3 a Chinese AI startup is challenging the prevailing "bigger is better" mindset in AI model training by delivering high-performance results with fewer GPUs and lower costs. This suggests that innovation in model design and efficiency can rival brute-force training approaches. As a result of this, we expect more focus to move to alternative companies that are involved in AI infrastructure. AMD remains well positioned to compete with its competitors all round. In November 2024, AMD showcased its ongoing high-performance computing (HPC) leadership at Supercomputing 2024 by powering the world’s fastest supercomputer. In March 2024, AMD stock reached the all-time high at $227.30. The stock has since retraced by 53.8% to its current price of $110.48. This correction, coupled with the strong fundamentals the company has signals that AMD remains a solid hold in the long term and a great buy from the current levels. AMD continues to focus on expanding its AI capabilities and data centre infrastructure. On 11th February 2024, AMD announced the signing of a Letter of Intent (LOI) with the Commissariat à l'énergie atomique et aux énergies alternatives (CEA) of France to collaborate on the advanced technologies, component and system architectures that will shape the future of AI computing. This effort underscores the AMD commitment to fostering international collaborations that accelerate AI innovation, making AI more inclusive and sustainable, and strengthening cooperation, in particular, between the United States and European research institutions. It also opens up for opportunity for more income from the Europe market. For the full year 2024, AMD reported record revenue of $25.8 billion, gross margin of 49%, operating income of $1.9 billion, net income of $1.6 billion, and diluted earnings per share of $1.00. On a non-GAAP (*) basis, gross margin was a record 53%, operating income was $6.1 billion, net income was $5.4 billion and diluted earnings per share was $3.31. A key risk for AMD is the trade war between the united states and China. China represents a significant revenue source for AMD and the ongoing trade tensions between the U.S. and China pose a considerable risk to this income stream, adding another layer of uncertainty to AMD’s future outlook. Our view on Advanced Micro Devices is BUY/HOLD with a target of $244. This is a 120.48% return on the stock from the current price of 110.48. Sources: www.tradingview.com www.tradingview.com www.tradingview.com
NASDAQ:AMDLong
by thesharkke
8
GOLD ROUTE MAP UPDATEHey Everyone, Great start to the week with our chart idea already off to a flying start. We started with our Bullish target at 2905 hit and now seeing price resist here and ranging due to low volume currently due to US holiday. We are now looking for ema5 to lock above 2905 for a continuation to the range above or failure to lock above will see price reject into the lower Goldturns for support ad bounce. Ema5 lock will confirm level to level direction and range to range. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGET 2905 - DONE EMA5 CROSS AND LOCK ABOVE 2905 WILL OPEN THE FOLLOWING BULLISH TARGET 2934 EMA5 CROSS AND LOCK ABOVE 2934 WILL OPEN THE FOLLOWING BULLISH TARGET 2959 EMA5 CROSS AND LOCK ABOVE 2959 WILL OPEN THE FOLLOWING BULLISH TARGET 2987 BEARISH TARGETS 2872 EMA5 CROSS AND LOCK BELOW 2871 WILL OPEN THE FOLLOWING BEARISH TARGET 2841 EMA5 CROSS AND LOCK BELOW 2841 WILL OPEN THE SWING RANGE SWING RANGE 2807 - 2781 EMA5 CROSS AND LOCK BELOW 2841 WILL OPEN THE SECONDARY SWING RANGE SECONDARY SWING RANGE 2764 - 2740 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
9
+240 pips EURUSD XABCD Short From PRZ/D Advanced🔸Hello traders, let's review the 4 hour chart for EURUSD. Strong gains off the lows recently, however price getting overextended and expecting reversal later at/near PRZ/D. 🔸Speculative XABCD structure defined by point X 0600 point A 0200 point B 0500 point C 0250 point D/PRZ 0660/0680 still pending. 🔸Currently most points validated, point D/PRZ still pending 0660, so traders should wait until we hit D before SHORTING. 🔸Recommended strategy for EUR traders: wait for price to max out to complete at point D near 0660/0680, short/hold, SL 60 pips, TP1 +240 pips TP2 +380 pips Final exit TP at 0240. SHORT/HOLD at point D/PRZ at 0660. swing trade setup. keep in mind this is a swing trade setup, patience required. 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
Short
by ProjectSyndicate
29
Bitcoin Will Surprise You Based On The Altcoins ActionBitcoin has been very stable lately with no change. It has been very stable and strong. Bitcoin continues trading above 90K. Good evening my fellow Cryptocurrency trader, I hope you are having a wonderful day. Are there any doubts as to what is coming to Crypto? Are you unsure about Bitcoin? Let me clear those doubts. Bitcoin has been sideways and consolidating just as expected. Nothing changes. Why is this good news? Each time there is a sideways period the market can move in any direction. The market might break up just as it can break down. That's the normal thinking. That's classic market behavior. If we don't know what Bitcoin will do next, we can become doubtful and miss the great opportunity that is developing now. This opportunity refers to great entry prices. Bitcoin is bullish and Bitcoin will break up. In fact, Bitcoin is not only breaking up in a matter of days but it will be a major bullish wave. Bitcoin can move lower but it continues trading above 90K. Bitcoin is ultra, hyper, mega strong above $90,000. Current price is $96,000+. Bitcoin will break bullish because the Altcoins are bullish. Bitcoin is confirmed bullish because the Altcoins are recovering and moving up. Some Altcoins are doing really good and breaking out with three digits green. 100% in a single day. Have you ever seen anything like it? The only time when the Altcoins perform in this way is before Bitcoin starts going up. If Bitcoin was set to move lower and produce a major crash, the Altcoins would be bearish and moving lower as well. The fact that many pairs are already up and moving up; the fact that some are moving ahead, reveals that Bitcoin is bullish as well. This is a repeat of 2024. Bitcoin is going sideways, consolidation, only to move higher and grow. This already happened in 2024. Bitcoin went sideways for long just to break up. Bitcoin has a four years cycle where only one year is bearish and the rest is all about growth. There is no going down. If Bitcoin was going to crash it would be down now but instead the market continues strong. The Altcoins are ultra-bullish, that's all you need to know. The Altcoins are bullish because Bitcoin is going up . Namaste.
Long
by MasterAnanda
9
Chart Patterns That Keep Showing Up (Are Traders Predictable?)In the grand theater of financial markets, traders often fancy themselves as rational actors, making decisions based on cold, hard data. Yet, time and again, their collective behavior etches familiar patterns onto price charts, as if choreographed by an unseen hand (the Invisible Hand?) All across the world economy , markets trade in patterns. The trick is to spot those patterns before they unfold. These recurring formations, known as chart patterns, are a testament to the predictability of human psychology in trading. Let's rediscover some of these enduring patterns, exploring why they persist and how you can leverage them. 🚿 The Head and Shoulders: More Than a Shampoo Brand Imagine a market trend as a partygoer who's had one too many. Initially, they're lively (the left shoulder), then they reach peak status of euphoria (the head), but eventually, they slump with one last “let’s go party people” (the right shoulder). This sequence forms the Head and Shoulders pattern, signaling a trend reversal from bullish to bearish. Traders spot this pattern by identifying three peaks: a central, higher peak flanked by two lower, similar-sized peaks on each side. The neckline, drawn by connecting the lows between these peaks, becomes the critical support level. A break below this line suggests the party's over, and it's time to exit or short the trading instrument. Conversely, the Inverse Head and Shoulders indicates a reversal from bearish to bullish, resembling a person doing a headstand—a strong sign the market's ready to flip. Ready to hunt down the charts for some Head and Shoulders? Try out the Head and Shoulders drawing tool . ⛰️ Double Tops and Bottoms: Déjà Vu in Trading Ever experience déjà vu? The market does too, in the form of Double Tops and Bottoms. A Double Top resembles the letter "M," where the price hits a high, retreats, and then tests that high again before declining. It's the market's way of saying, "I've been here before, and I'm not going higher." The Double Bottom, shaped like a "W," occurs when the price drops to a low, rebounds, and then retests that low before rising. It's akin to the market finding a sturdy trampoline at support levels, ready to bounce back. These patterns reflect traders' reluctance to push prices beyond established highs or lows, leading to reversals. ⚠️ Triangles: The Market's Waiting Game When traders are indecisive, prices often consolidate, forming Triangle patterns. These come in three flavors: Ascending Triangle : Characterized by a flat upper resistance line and a rising lower support line. Buyers are gaining strength, repeatedly pushing prices up to a resistance level. A breakout above this resistance suggests bullish momentum. Descending Triangle : Features a flat lower support line and a descending upper resistance line. Sellers are in control, and a break below support signals bearish continuation. Symmetrical Triangle : Both support and resistance lines converge, indicating a standoff between buyers and sellers. The eventual breakout can go either way, and traders watch closely for directional cues. Triangles epitomize the market's pause before a storm, as participants gather conviction for the next move. Feel like looking for some triangles on charts? Jump straight to our easy-to-use Triangle Pattern drawing tool . 🏁 Flags and Pennants: The Market Takes a Breather After a strong price movement, the market often needs a breather, leading to Flags and Pennants. These are short-term continuation patterns that indicate a brief consolidation before the trend resumes. Flag : Resembles a parallelogram sloping against the prevailing trend. It's like the market catching its breath before sprinting again. Pennant : Looks like a small symmetrical triangle that forms after a sharp move. Think of it as the market pitching a tent before continuing its journey. Recognizing these patterns helps traders position themselves for the next leg of the trend. 🧠 The Psychology Behind Pattern Persistence Why do these patterns keep appearing? The answer lies in human psychology. Traders, despite access to vast information, are influenced by emotions like fear and greed. This collective sentiment manifests in predictable ways, creating patterns on charts. For instance, the Head and Shoulders pattern emerges because traders, after pushing prices to a peak, become cautious. Early sellers take profits, causing a dip. A second rally (the head) attracts more participants, but if it fails to sustain, confidence wanes, leading to a sell-off. The final attempt (right shoulder) lacks conviction, and once support breaks, the downtrend ensues. Understanding the emotional drivers behind these patterns allows traders to anticipate moves and strategize accordingly. 🎯 Using Patterns to Your Advantage While recognizing patterns is valuable, it's crucial to approach them with a discerning eye: Confirmation is Key : Don't act on a pattern until it's confirmed. For example, in a Head and Shoulders, wait for a break below the neckline before taking a position. Volume Matters : Volume often validates a pattern. A genuine breakout is usually accompanied by increased trading volume, indicating strong participation. Contextual Awareness : Consider the broader market context. Patterns can yield false signals in volatile or news-driven environments. Risk Management : Always set stop-loss orders to protect against unexpected moves. Patterns suggest probabilities, not certainties. 🧬 The Evolution of Patterns in Modern Markets In today's algorithm-driven trading landscape, one might wonder if traditional chart patterns still hold relevance. Interestingly, even sophisticated trading algorithms (those used by hedge funds and investment managers) are programmed based on historical patterns and human behavior, perpetuating the cycle. Moreover, as long as markets are driven by human participants, emotions will influence decisions, and patterns will emerge. The tools may evolve, but the underlying psychology remains constant. 🤗 Conclusion: Embrace the Predictability In the volatile world of trading, chart patterns serve as a bridge between market psychology and price action. They offer insights into collective behavior, providing traders with a framework to anticipate movements. By studying these recurring formations, traders can align their strategies with market sentiment, turning the predictability of human nature into a trading edge. What’s your go-to technical analysis pattern? Are you and H&S trader or maybe you prefer to trade double tops? Share your approach in the comments!
Education
by TradingView
8
Bitcoin Seasonality - Best Month (October) and Best Day (Monday)It's very important for every Bitcoin trader to know its seasonality because this will significantly increase the probability of successful trades. I have been trading Bitcoin for almost 10 years, and I successfully use seasonality patterns to predict Bitcoin price movements. For example, you don't want to go long on Bitcoin during August or September; that's probably a very bad idea. The biggest market crashes usually happen in September. But you definitely want to go long in October or April, as these months are the most promising. Knowledge of these patterns will give you an advantage over standard retail traders. Every trade matters. Average return by Month (%) January: +5.1% February: +12.1% March: +4.8% April: +18.7% May: +14.2% June: +4.4% July: +6.1% August: -3.1% September: -8.4% October: +22.2% November: +17.9% December: +7.3% Average return by Weekday (%) Monday: +0.63% Tuesday: +0.18% Wednesday: +0.54% Thursday: +0.40% Friday: +0.37% Saturday: +0.45% Sunday: +0.10% Currently I am bullish on Bitcoin as the price is in an uptrend and the bear market is not confirmed; I expect Bitcoin to hit 115k probably at the end of February/March. What I also expect is an alt season - alt season is starting right now! So it's time to buy some altcoins. Ethereum should outperform BTC in the next weeks as well. Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
Long
by Xanrox
47
EURO - Price can break support level and drop to $1.0370 pointsHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some time ago price started to grow inside a rising channel, where it soon broke $1.0255 level and continued to grow. Then it made a correction and after this continued to move up and soon reached $1.0490 level and broke it. After this, Euro started to decline and exited from a channel, breaking $1.0490 level too, after which continued to fall. Price made a strong gap and dropped to support line of wedge, after which started to grow and later made another gap. Next, EUR bounced up from support line of wedge and in a short time rose to $1.0490 level and broke it. Now, it trades close this level and I think it can break $1.0490 level and continue to decline to $1.0370 If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
8
UK100 (FTSE)-Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast: 8380.25 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: A trough is formed in daily chart at 8006.10 on 12/20/2024, so more gains to resistance(s) 8833.83, 9000.00, 9100.00 and more heights is expected. Take Profits: 8664.21 8765.00 8833.83 9000.00 9100.00 __________________________________________________________________ ❤️ If you find this helpful and want more FREE forecasts in TradingView, . . . . . . . . Hit the 'BOOST' button 👍 . . . . . . . . . . . Drop some feedback in the comments below! (e.g., What did you find most useful? How can we improve?) 🙏 Your support is appreciated! Now, it's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Have a successful week, ForecastCity Support Team
ICMARKETS:UK100Long
by ForecastCity
10
Ethereum’s Bullish Retest: Ready for Takeoff? Key Insights: Breakout & Retest in Play Ethereum (ETH) has broken above a key resistance level around $2,727 - $2,730. A retest of this zone could confirm it as new support before the next leg up. Bullish Price Action Expected The price is consolidating near recent highs, forming a potential bullish continuation pattern. If the retest holds, ETH could surge toward $2,769 and beyond. RSI Momentum RSI is near overbought levels but remains strong, suggesting further upside potential after a slight pullback. Trade Strategy: Bullish scenario: A successful retest of $2,727-$2,730 could provide a buy opportunity for the next breakout. Bearish invalidation: If ETH falls below this zone, a deeper correction might occur. 🔥 Final Take: Bulls are in control, and a successful support retest could ignite Ethereum’s next move toward $2,800+! 🚀
Long
by melikatrader94
10
LTC Litecoin 800$In a previous post, I outlined the coins with possible ETFs. Each has held its price level even after the recent drop. Everyone knows Litecoin is just a fork of Bitcoin, and there's not much technology in it. However, a decentralization and adoption issue is occurring, making it a suitable candidate for a potential ETF. For technical analysis, we have a standard triangle with horizontal resistance on top. Such resistances tend to break out strongly. So, I wouldn't be surprised to see a price of around $800 at the end of the cycle. If we talk about the LTCBTC pair, we can see that the fall has stopped, the bottom has been minimized, and I expect an upward jump. Best regards OVACXE
CRYPTO:LTCUSDLong
by EXCAVO
6
THE KOG REPORT THE KOG REPORT: In last week’s KOG Report we said we would be looking for price to start with an incline into the lower support regions in order to give us another long opportunity into the target level 2902 initially, which was our Excalibur target. Gold however had another plan and started the move from the open, this allowed us to trade on the red boxes and trade the move upside surpassing the target level into the highs that we witnessed last week. During the week, we update our traders with the path upside and suggested looking for the short trade from the Red box active level, which worked perfectly giving the move downside that we saw on Friday. It was a fantastic week in Camelot, not only completing 8 Gold targets on Excalibur, but also all the bias level and red box targets. Not to mention the targets completed on all the other pairs we share and analyse. Well done to the traders who followed! So, what can we expect in the week ahead? This week we’re looking for price to potentially give us further opportunities to short, however, we have a key level above of 2910! Support on the intra-day stands at 2870-65, which if targeted early session could give buyers the confidence they need to take that long into the 2890-5 region and above that 2904. There is an extension of the move into the 2910 region, but anywhere between the 2904-10 region are the levels we want to monitor for RIPs, and if they present themselves, the opportunity to take that swing short may be there again. The key order region (liquidity pool) is sitting below at 2850-55 which is a decent level for price to attempt, but this region needs to be broken to go lower! If broken, we won’t be looking to go long again until we’re closer to lower 2800’s, so please trade with caution this week. We do have higher targets on Gold, but, there needs to be a correction and if this is it, we’ll make sure to take advantage of it just like we have done for years, up, down, where ever it goes, we’ll trade it with our trusted pal Excalibur, the EA and our Red box indicators. Not much more to say, low volume news this week, Monday could be a ranging day so expect choppy and whipsawing price action. KOG’s bias for the week: Bullish above 2865 with targets above 2885, 2895, 2902 and above that 2910 Bearish on break of 2865 with targets below 2855, 2850, 2843, 2835 and below that 2828 RED BOXES: Break above 2885 for 2888, 2902, 2910 and 2913 in extension of the move Break below 2875 for 2870, 2865, 2857, 2855 and 2850 in extension of the move Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
13
Is Bitcoin heading for an 8% drop from here?Hello and greetings to all the crypto enthusiasts, ✌ In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for Bitcoin , 📚💡 Given the current volume levels and Bitcoin's failure to sustain above the daily trendline and key resistance levels, there is a significant risk of a decline, potentially up to 8% or more. While we may observe brief upward movements in the form of green candles, these would likely be temporary retracements within the larger bearish trend. Several strong support levels have been lost, reinforcing the expectation of further downside. My primary target for this move is $88,000 . 📚🙌 🧨 Our team's main opinion is: 🧨 Bitcoin may drop by at least 8% due to failed support at key levels, with temporary upward moves likely before further decline, targeting $88,000. 📚✨ Give me some energy !! ✨We invest countless hours researching opportunities and crafting valuable ideas. Your support means the world to us! If you have any questions, feel free to drop them in the comment box. Cheers, Mad Whale. 🐋
Short
by MadWhale
7
A bit of Hopium - FTX payouts tomorrow. What's next for the mark8 months to the assumed end of the cycle. ETFs and everything else are already priced in. However, incoming money flows are not yet factored into the price of the cryptocurrency market. This creates a unique opportunity for those who can anticipate where liquidity will flow next. I think you all have noticed that capital/liquidity from Bitcoin is not moving into altcoins — at least not yet. Bitcoin remains the "safe haven" for institutional investors, while altcoins remain underappreciated. But if ETFs for altcoins are approved, it will be a very different situation. The floodgates could open, and we might see unprecedented inflows into projects like Ethereum, Cardano, and even meme coins like Dogecoin. FTX payouts are on February 18 — that's tomorrow. This event is critical. Many creditors have been waiting for years to recover their funds. With Ethereum staking ETFs potentially approved in the second quarter, this could coincide with the next FTX payouts, creating a perfect storm of liquidity entering the market. Let’s remember the 2020 FTX debt buybacks at $0.3 per dollar, then $0.4, and the last one I heard was at $0.8 per dollar. Someone had a lot of confidence that payouts would be made. And where do you think the $10–15 billion of capital will go? Most likely to altcoins, because Samuel Bankman-Fried was the king of altcoins. There is an assumption that if something triggers the printing press or quantitative easing, but nobody believes in that now. Central banks are tightening monetary policy, and inflation is slowly coming under control. However, the crypto market operates differently. It thrives on speculation, innovation, and adoption. All of the top altcoins will be priced significantly higher as new narratives emerge. The challenge is to hold our portfolios! Volatility is inevitable, but patience will pay off. If there is a correction in early March, here are the projects with potential ETFs: ETH staking LTC ADA DOGE XLM XRP HBAR This is in case there is a drop in March. Corrections are healthy for the market, allowing new buyers to enter at lower prices. Spring can turn positive very quickly. The best scenario is a green close of the February candle — momentum on Bitcoin. If BTC holds above key support levels, we could see a bullish Q2. In the second half of March, we need to get in what we didn’t manage to get in the market, in case there is no drop in early March. Timing is crucial, but so is preparation. Additional Catalysts to Watch For: There are many catalysts that I don’t write about, but they could happen: Introduction of Basic Income Unexpected ETF bids: Regulatory approvals often come faster than expected. Countries building reserves of BTC or other altcoins : Nations like El Salvador have already started adopting Bitcoin. Others may follow suit, especially as geopolitical tensions rise. It’s going to be a super positive year. Stay positive. The future is very clear, but for some reason, a lot of people are losing faith. Prices go up — I’m sure of this scenario. Prices go down — I’m sure of this scenario. There’s no point in making a fuss when you know what’s ahead. I don’t know why people lose faith in their beliefs in the moment. In a market like this, when it’s suddenly not obvious, it’s because you’re competing with a completely different category of players. Believing in your beliefs will be an advantage in this market, especially for people who are not big capital. Stay strong and focused. Best regards EXCAVO
BITSTAMP:BTCUSDLong
by EXCAVO
7
LTCUSDT buy opportunityLTC/USDT has been forming a macro reversal structure, completing a well-defined W-pattern, signaling a shift in momentum. Price successfully broke through the long-standing trendline resistance, followed by a strong retest and a bullish continuation, confirming market strength. The immediate buy-back zone serves as a key accumulation area, aligning with structural confluence and previous demand zones, ensuring a solid base for continuation with secondary buy back been provided if the earlier zone fail to hold. The breakout from the corrective structure wave abc reinforces the bullish outlook, with price exhibiting impulsive characteristics that align with an Wave structure, suggesting a sustained move toward higher levels. Liquidity absorption within key supply zones has fueled a breakout, targeting the $652.08 level. The mid-term supply area remains a key reaction point, where temporary pullbacks may occur. However, sustained momentum above this zone supports further price discovery. The combination of liquidity flow, structural confirmation, and the overall bullish trend increases the likelihood of an extended rally following the projected path.
Long
by weslad
12
Dogecoin (DOGE) Analysis: Double Top Signals Bearish Movehello guys! Double Top Formation: The chart clearly shows a double-top pattern, which is a strong bearish reversal signal. The break below the neckline confirms the downtrend continuation. Bearish Divergence on RSI: The RSI showed divergence, meaning the price made a higher high, but the RSI made a lower high. This signals weakening momentum and a likely correction. Support Levels (S1 & S2): S1 (around $0.22) might provide temporary relief, but the main target is lower. S2 ($0.176 - $0.18) aligns with the double top target, making it a critical support zone. Potential Price Scenarios: If DOGE fails to hold at S1, the price may drop to S2, completing the pattern. A strong rebound from S2 could trigger a bullish recovery. Conclusion: The double top breakdown suggests further downside toward $0.176 - $0.18, which could act as a strong support level. Until a clear reversal signal appears, the bearish trend remains dominant. Traders should watch these levels closely! 🚨📉
Short
by melikatrader94
9
xauusd Strong Selling Zone analysis...The technical analysis I'm provided seems to outline a bearish scenario for a financial instrument, possibly gold (🪙), based on the concept of a *bearish order block* and a *neckline breakdown*. Here's a breakdown of the key points and their implications: --- ### 1. *Bearish Order Block* - An *order block* is a key concept in market structure analysis, often associated with institutional trading. A *bearish order block* typically forms after a strong downward move, where price consolidates before continuing lower. - In this case, the bearish order block is identified around *2880*, which suggests this level acted as a resistance-turned-support zone before the breakdown. --- ### 2. *Neckline Breakdown* - A *neckline* is a critical level in chart patterns like head and shoulders or double tops/bottoms. A breakdown below the neckline confirms a bearish reversal. - The breakdown at *2880* indicates a shift in market sentiment from bullish to bearish, signaling potential further downside. --- ### 3. *Retracement to Resistance (2910)* - After the breakdown, price often retraces to test the broken support level (now resistance) to confirm the bearish structure. - The retracement to *2910* is likely a test of the resistance zone, where sellers may re-enter the market to push price lower. --- ### 4. *Target Levels* - *1st Target: 2865* This is the initial downside target after the breakdown, representing a short-term profit-taking level. - *Strong Support: 2842* This level is identified as a significant support zone where price may pause or reverse temporarily. - *Final Target: 2760* This is the ultimate bearish target, likely based on measured moves or Fibonacci extensions from the breakdown. --- ### 5. *Gold (🪙) Sell Setup* - The analysis suggests a *sell strategy* for gold, with the expectation of a downward move toward the target levels. - Key levels to watch: - *Resistance:* 2910 (retracement level) - *Breakdown Level:* 2880 - *Targets:* 2865 (1st target), 2842 (strong support), 2760 (final target). --- ### Summary of the Trade Setup: - *Entry:* Sell near *2910* (retracement to resistance) or after a confirmed breakdown below *2880*. - *Stop Loss:* Above *2910* or *2880*, depending on risk tolerance. - *Targets:* 1. *2865* (1st target) 2. *2842* (strong support) 3. *2760* (final target). --- ### Additional Considerations: - Monitor price action around the *2842* support level. If price holds here, it could lead to a reversal or consolidation. - Use risk management tools like stop-loss orders to protect against unexpected price movements. - Confirm the bearish bias with additional indicators (e.g., RSI, MACD, or volume analysis) for higher probability setups. Let me know if you'd like further clarification or assistance! 🪙📉
OANDA:XAUUSDShort
by Algo_Trading_Mql5
28
Dogecoin’s Macro Breakout Setup Path to $11 UnfoldingDogecoin is exhibiting a rounding bottom formation, with price recently completing the Adam and Eve structure, achieving its measured move towards the $0.475 liquidity zone. The ongoing corrective retracement is structurally aligning with a classic re-test of the prior demand zone, now acting as a re-accumulation base, reinforcing bullish strength. The key resistance remains at the proposed neckline region, which also serves as the short-term target and a pivotal breakout threshold. A decisive break and acceptance above this level would validate trend continuation, triggering the next impulsive expansion phase. A sustained breakout from this structural zone would confirm trend continuation, with the ultimate technical objective aligning with the $11.16 macro target, reflecting the full measured move projection of the prevailing formation.
Long
by weslad
23