Solana (SOL) Holding Strong – Can It Reclaim $200?Solana (SOL/USDT) is currently testing a critical support zone around $140, aligning with a long-term ascending trendline that has provided strong support in previous market cycles. The 50-week EMA ($168.03) is also acting as dynamic resistance, making this an important decision point for the market.
The recent pullback from resistance at the previous ATH zone suggests some profit-taking, but if SOL can hold this key support level, a bullish reversal could follow, pushing prices back toward $200+ in the coming weeks.
However, a break below $140 could lead to a deeper retracement toward the trendline support around $100-$120.
Bullishmomentum
USDT.D at 5.76% Key Level to Watch for Crypto Market “BOTTOM”Hey everyone! 👋 Let’s talk about a critical level on the USDT.D chart (Tether Dominance) that could signal a major opportunity for crypto traders. If you’re looking to long Bitcoin, altcoins, or other crypto assets, this is the area you need to watch closely: 5.76%.
Why is 5.76% So Important? 🤔
USDT.D measures the dominance of Tether (USDT) in the crypto market. When USDT dominance drops, it typically means money is flowing out of stablecoins (like USDT) and into riskier assets like Bitcoin, Ethereum, and altcoins. In simpler terms: a drop in USDT.D often signals a pump in the crypto market!
Right now, the 5.76% level on the USDT.D chart (as shown in the image) is a key support zone. You can see it’s been tested before, and it aligns with historical bottoms in the crypto market. When USDT.D hits this level, it often marks a turning point—a bottom for the crypto market—where prices of BTC, alts, and other assets start to rally.
What Does This Mean for Traders? 📈
If USDT.D reaches 5.76% and shows signs of reversing (like a bounce or consolidation), it’s a strong signal that the crypto market is ready to pump. Here’s why:
• Money Flow: A drop to 5.76% suggests investors are moving funds from USDT back into crypto assets, driving up prices.
• Market Bottom: This level has historically acted as a floor for USDT.D, meaning the crypto market could be at its lowest point before a big rally.
• Opportunity to Long: When USDT.D hits this zone, it’s a great area to consider longing Bitcoin, altcoins, or other crypto assets, as they’re likely to start pumping.
How to Play This? ⚡
1. Watch the 5.76% Level: Keep an eye on USDT.D as it approaches this key support. Look for signs of a bounce or reversal (like a strong candlestick pattern or increased volume).
2. Confirm with Other Indicators: Check Bitcoin’s chart, altcoin price action, or other indicators (like RSI or MACD) to confirm the market is turning bullish.
3. Take Action: If USDT.D hits 5.76% and starts to reverse, consider longing your favorite crypto assets. This could be the start of a big pump for BTC, alts, and the entire market!
Why This Matters for the Whole Market 🌍
The 5.76% level isn’t just about USDT.D—it’s a signal for the entire crypto market. When Tether dominance drops to this area, it often means the market has found a bottom, and we’re about to see a wave of bullish momentum. Whether you’re trading BTC, ETH, or smaller altcoins, this could be the best area to jump in for a long position.
Final Thoughts 💡
The 5.76% level on USDT.D is the area to watch right now. It’s historically been a bottom for the crypto market, and if we hit it again, we could see a massive pump across all crypto assets. Stay patient, wait for confirmation, and get ready to take advantage of this opportunity! 🚀
What do you think? Are you watching this level too? Let’s discuss in the comments! 👇
Why This Explanation Works:
1. Simple Language: It avoids jargon and explains USDT.D in a way anyone can understand.
2. Actionable Advice: It tells people exactly what to watch (5.76%) and what to do (long crypto assets).
3. Visual Reference: It ties into the chart you shared, pointing out the 5.76% level.
4. Engagement: It invites discussion, encouraging others to share their thoughts.
5. Big Picture: It connects the USDT.D level to the broader crypto market, making it relevant to all traders.
Currently making LH LLs but..Weekly & Monthly Closing above 60.67 would be a Positive Sign.
Though currently making LH LLs, but
Bullish Divergence on Daily TF is another Positive Sign.
Upside levels can be around 65 - 67
However, in extreme pressure, it may touch around 53 - 55
& that would be an Important Support level.
JOURNAL FOR MGC1!Today I placed two trades on MGC1! my first entry was a sell scalp which was strictly a technical entry and the second was the buy back up because it goes with the bias of gold being bullish, and inflation fears, so for each trade Ive wait on a area of consolidation (order block) then wait on a break out in this case after that impulsive move to the downside on gold I waited for an area of support to form with rejections of pushing lower at this point an order block should start forming, I tend to get a better structure of an order block forming on the 5min, once a bullish engulfing to print above the last high then I take the trade, today I had no draw down my entry was precise!
#SUNDOGUSDT remains in a strong uptrend📈 LONG BYBIT:SUNDOGUSDT.P from $0.04070
🛡 Stop Loss: $0.04013
⏱ 15M Timeframe
✅ Overview:
➡️ BYBIT:SUNDOGUSDT.P is showing strong bullish momentum after breaking out of a consolidation zone. The price is holding above the key $0.04070 level.
➡️ The highest liquidity area (POC) is at $0.03527, confirming strong buyer interest and support for the current trend.
➡️ A volume spike in recent candles suggests increased buying activity, increasing the probability of reaching target levels.
➡️ If the price breaks the $0.04150 resistance, the uptrend could accelerate towards higher levels.
⚡ Plan:
➡️ Enter long from $0.04070 upon confirmation of breakout.
➡️ Risk management with Stop-Loss at $0.04013, placed below the nearest support level.
🎯 TP Targets:
💎 TP1: $0.04150
🔥 TP2: $0.04205
🚀 BYBIT:SUNDOGUSDT.P remains in a strong uptrend, and a breakout above $0.04150 could lead to further gains.
ETH ANALYSIS🔮 #ETH Analysis - Update 🚀🚀
💲 WAs we can see that #ETH took a good support from its major support lime. We could expect a good move after it cross $3000. After that we could target for $4000.
💸Current Price -- $2700
📈Target Price -- $3000
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#ETH #Cryptocurrency #Breakout #DYOR
Gold (XAU/USD) Surges Past 50% FIB – Is $2,000 Next?
📌 Key Breakthrough in Gold!
Gold (XAU/USD) has just blasted through the 50% Fibonacci retracement level, a critical discount zone where buyers historically step in. This breakout has triggered a wave of bullish momentum, pushing price towards key resistance levels.
🔎 Technical Breakdown:
✅ 50% FIB Breakout: Price has cleared this key retracement level, signaling strong buyer demand.
✅ Key Resistance Ahead: The $2,765 zone remains the next major hurdle—a breakout here could accelerate price toward $2,825.
✅ Support Zone: The $2,745 level serves as immediate support, acting as a potential pullback area.
✅ RSI Overbought? The RSI is approaching overbought conditions, meaning a short-term consolidation could occur.
✅ MACD Crossover Incoming? A bullish MACD crossover is forming, reinforcing the upward momentum.
⚡ What’s Next?
If gold holds above the 50% FIB level and breaks $2,765. with strong volume, a push toward $2,825+ could be in play. However, failure to hold this breakout could trigger a pullback to $2.700 or lower.
📊 Will gold continue its bullish run, or is a pullback incoming? Drop your thoughts below! 👇
🚨 This is not financial advice. Always do your own research before making trading decisions.
PERSISTENT - Strong MomentumPersistent Systems Ltd. (NSE: PERSISTENT) has recently captured the attention of market analysts and investors, showcasing a powerful bullish trend that is hard to ignore. The stock's recent price movements and volume spikes indicate a robust upward momentum, making it a compelling prospect for traders and investors alike.
Key Highlights:
Bullish Momentum and Strong Bullish Candle
The chart for Persistent Systems Ltd. reveals clear signs of bullish momentum, exemplified by a strong bullish candle that has formed recently. This particular candle stands out due to its significant size compared to preceding ones, indicating substantial upward price movement and strong buying interest. The formation of such a bullish candle is often a precursor to continued upward trends, suggesting that the stock may have more room to grow.
RSI Breakout
Although the chart does not explicitly display the RSI (Relative Strength Index), the overall price action hints at a possible RSI breakout. Typically, an RSI breakout occurs when the index crosses above the 70 mark, signaling overbought conditions and strong bullish sentiment. This potential RSI breakout reinforces the positive outlook for Persistent Systems Ltd., indicating that the stock may continue to attract buyers.
5-Day Volume Breakout
A closer look at the volume bars at the bottom of the chart reveals a significant increase in trading volume over the past five days. This 5-day volume breakout is a bullish signal, as it demonstrates growing market participation and heightened interest in the stock. Higher trading volumes often add credibility to price movements, suggesting that the recent upward trend is supported by strong investor activity.
5X Volume Breakout and Price Change
The chart also highlights a remarkable 5X volume breakout, where the trading volume on the most recent day is five times higher than the average volume. This surge in volume, coupled with a substantial price change, underscores the strong buying interest and bullish sentiment surrounding Persistent Systems Ltd. Such a pronounced increase in both volume and price is indicative of a robust uptrend, suggesting that the stock may continue to perform well in the near term.
Conclusion
Persistent Systems Ltd. is currently riding a wave of bullish momentum, with several key indicators pointing to continued strength in the stock. The strong bullish candle, potential RSI breakout, 5-day volume breakout, and 5X volume breakout with a significant price change all contribute to a positive market outlook for the company.
For traders and investors looking to capitalize on this bullish trend, Persistent Systems Ltd. offers a compelling opportunity. The stock's recent performance, backed by strong technical signals, suggests that it may continue to rise in the coming days. As always, it's important to monitor market conditions and conduct thorough research before making any investment decisions.
Persistent Systems Ltd. is certainly one to watch as it continues to make waves in the market. 📈🚀
NAS100USD: Analyzing Bullish Institutional Order FlowGreetings Traders,
In today’s analysis of NAS100USD, we observe the continuation of bullish institutional order flow, presenting potential opportunities to align with this trend. The focus is on identifying evidence that supports taking bullish setups with proper confirmations.
Key Observations:
1. Institutional Support Zone:
Price is currently resting at a bullish order block, a strong institutional support zone.
This order block is reinforced by an FVG (Fair Value Gap) positioned above it, further solidifying its significance.
2. Liquidity Dynamics:
Sell stops resting below a recent low have been taken out, aligning with the order block.
This suggests institutional activity, as liquidity has been created for order pairing (buying against sell-side liquidity).
3. Price Positioning:
Despite being at a premium price relative to the intermediate high and low, there is no strong evidence to suggest a continuation into a discount zone.
The liquidity sweep below the low strengthens the case for a bullish reversal from the current level.
Trading Plan:
Entry Strategy:
Await confirmation at the current institutional support zone before taking buy setups.
Target Levels:
Focus on liquidity pools resting at the highs, as these are likely institutional profit-taking zones.
By aligning with institutional order flow and leveraging evidence of liquidity sweeps and strong support zones, we aim to capitalize on bullish momentum. Always remain vigilant and ensure confirmation before entering positions.
Kind Regards,
The Architect
DOGE Ready to Soar Breakout Confirmed with Consolidation AboveBreakout Confirmed
The price has broken out of the symmetrical triangle pattern on the 4-hour timeframe, indicating a bullish momentum.
Higher Time Frame Alignment
If higher time frames (like daily or weekly) are also showing bullish signs, it strengthens the breakout's validity and suggests the trend is likely to continue upwards.
Consolidation Above Trendline
The price is consolidating above the previous resistance (upper trendline), which has now turned into support.
This consolidation is a healthy sign of market strength, as it allows buyers to gain control before the next leg up.
Next Move
A breakout from this consolidation phase would confirm the continuation of the uptrend.
Immediate targets are $0.42 and $0.45, with a potential to move toward $0.50 if bullish momentum sustains.
Entry Strategy
Wait for a bullish breakout from the consolidation with increased volume for a safer entry.
Place a stop-loss just below the trendline or consolidation zone.
Risk Management
Maintain proper risk-reward ratios to account for any potential pullbacks.
WOO ANALYSIS📊 #WOO Analysis
✅As we can see that #WOO was consolidating in a small range but right now there is a breakout or major resistance level. We would see a good bullish movement in #WOO
👀Current Price: $0.2490
🚀 Target Price: $0.2880
⚡️What to do ?
👀Keep an eye on #WOO price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#WOO #Cryptocurrency #TechnicalAnalysis #DYOR
CLNE Option Activity Looks Promising There was more positive news on CLNE today and a lot of buying activity with a single order of 5,000 on .CLNE260116C4. 80% of the call activity happened at or above ask. 51% of calls had a delta between 0.41 and 0.60. I like longer exp dates and this time that's where most of the buying is. I'll most likely open a position Friday. I'm already long in shares. They do have some financial concerns from tax credits possibly ending and a few other things. Either way it may be a good short term play. Always watch volume and use some form of stop or hedge.
FTMUSDT - All eyes on Sonic!Weekly chart displays A very strong support level where the price is expected to rebound significantly, located at the 0.75 area
This zone converges several weekly supports, including the 50 EMA, the 0.5 Fibonacci level, and the upper side of the symmetrical triangle pattern.
accumulation is suitable now and up to the 0.7 level.
On January 13, 2025, the token will automatically be rebranded to (S) , meaning Sonic .
This represents an upgrade to the FTM token, similar to what happened with RNDR transitioning to Render .
This is a significant update to FTM’s infrastructure to align with leading projects in the space.
And as a token supported by Dubai, you can be confident in its bright future.
Buy between: 0.8 - 0.7
Targets: 1 - 1.6 - 3.5 - 7.5 - 21
Best regards Ceciliones 🎯
MERRY CHRISTMAS AND A HAPPY NEW YEAR TO ALL MY SPYLOVERS !!!Two weeks ago, I projected some very common behaviors that candles exhibit after a long rally. If you compare the two types of candles I marked on the left-hand side, notice how candle models "A" and "B" have very different body structures. Candles "A" have a more volumetric medium-sized body, which indicates strength. However, we are not exempt from their natural pullback, which, to complete one trend cycle, broke the structure itself upward.
Candles "B" are smaller than Candles "A," allowing us to distinguish the significant weakness in the uptrend. The price starts to lose momentum, and consequently, we can expect it to take a pause before falling.
After projecting the two scenarios where SPY was positioned two weeks ago, we were able to predict both future movements correctly:
When the price reached historical highs, it paused or consolidated, showing descending candles (see the magenta arrow). Later, a volumetric candle confirmed the drop.
Within the two scenarios, I marked two possible levels where the price would fall. The rebound occurred correctly at the second level, a historical resting zone where the price has been since October.
This analysis is entirely based on price action and historical zones. It's essential to stay alert to institutional and liquidity zones to ensure the most accurate analysis possible.
Now we are in the final week of the year, and historically, markets tend to react bullishly. But the question is: Will it be different this time?
In my opinion: I believe the price can reach new historical highs, as it is demonstrating with strong bullish pressure candles.
At this moment, I think we are at a good support level located at the previous resistance of our entire bullish channel. I believe the price will re-enter the channel and resume the sequence it has been following within the overall bullish structure.
This concludes my analysis of SPY for now. Let's see what the next few days bring as we continue monitoring the market.
If you'd like to see this analysis in English, follow me on TradingView under the username: rockermike111.
Wishing you an excellent 2025 filled with great news and continued growth in your market studies! May your learning progress year after year!
Sending you a big hug and wishing you a Happy 2025!
TRADE SAFE!
FREY: Possible Short Squeeze Playing Out?This popped today on my scanner. Skimmed Jan 17 5C while it was under 0.05c. Buying under 0.02 and selling at 0.04 or above. Worked into a nice position which is mostly covered by the profits. The stocks been beaten down with some bad reviews. I would like to see it run up to at least 2.85$. It would have been a better entry Friday but I don''t think its to late to enter now. After hours Mark is 0.075. Use limit orders as there can be a spread.
$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.