WLD analysis: a bullish chance !BINANCE:WLDUSDT
WLD is forming a bullish double bottom pattern.
Which means the price is gonna increase after the break out happens!
be patient and you'll be rewarded!
⚠️ Disclaimer:
This is not financial advice. Always manage your risks and trade responsibly.
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Bullishpattern
Friday "NFP" Sell Signal Alert!The market has been following the trendline for the past 2-3 days. A daily price close with a Doji candle suggests indecision, while our daily bias remains bullish. However, today is Friday, and we have the NFP news event.
We anticipate the market to move up by 120-130 pips, following the trendline, toward my identified resistance zone. Wait for gold to reach this resistance area before taking any action.
For a bearish scenario, the target range is around 310+ pips. The market may first create a large wick during the news event before experiencing a significant drop.
i'll keep this idea updated.
BTC's ultimate bullish point is here!BITSTAMP:BTCUSD
Bitcoin is in the bottom of a broadening wedge, which has proved to be a good Support point as well!
also we can see a double bottom on the chart which is another bullish pattern! so this might be a pretty good point to be bullish on Bitcoin.
⚠️ Disclaimer:
This is not financial advice. Always manage your risks and trade responsibly.
👉 Follow me for daily updates,
💬 Comment and like to share your thoughts,
📌 And check the link in my bio for even more resources!
Let’s navigate the markets together—join the journey today! 💹✨
AMD to $200 (61%) – Strong Support ends ConsolidationNASDAQ:AMD weekly charts looks very good. The trendline from March 2023 is intact and we also touched the 61.8 fibonacci from the complete move (starting in October 2023). The descending wedge could be broken to the upside today, which would be a bullish sign for a stronger move towards $200. All in all, many semiconductor stocks are currently on supports or are fundamentally more attractive than they were months ago.
Fundamentally NVIDIA still dominates the AI datacenter market with a market share of over 90%. But Advanced Micro Devices is improving its hardware and software offerings. The recently released MI325X and the upcoming MI350 series could give AMD more market share with faster release cycles. First signs show significant customer interest. In addition, AMD has a more stable revenue stream from other products like CPUs and non-AI datacenters. Given the high prices of NVIDIAs products the market itself should have a deeper interest in more competition.
Target Zones
$135
$160
$200
Support Zones
$117-$120
Reliance looks to be the BEAST amongst BEARS!!Reliance has been on a decline for a while and we have all wondered about when this beast of a bull will come to party!!.....May be the time has come!!
- MACD is positive
- Volume is high and RSI increasing over last few trading sessions
- Taken support 2 or 3 times in the 1205-1210 level
- Breaking out of a Falling Wedge pattern
- Taken support from 68.2 Retracement on Fibonacci and crossed 1260 - indicating an impulse pattern
Next stop 1290-1300 and eventually 1350!!
Fingers crossed
AVAX/USDT Weekly Symmetrical Triangle FormationThe chart illustrates a classic symmetrical triangle pattern on the weekly timeframe, suggesting a period of consolidation before a potential breakout. The price is holding above the 50-week moving average (MA50), reinforcing the bullish outlook.
Key Observations
The symmetrical triangle indicates indecision in the market, with buyers and sellers converging.
Holding above the MA50 signals strong support and a likelihood of upward momentum.
A confirmed breakout above the upper trendline will validate the bullish scenario and trigger significant upward movement.
Targets Upon Breakout
$61 - $149
Strategic Implications
Patience is key. Monitor for a breakout with strong volume confirmation above the triangle's resistance. Failure to break out may result in continued consolidation within the pattern. This setup offers significant potential for medium to long-term gains if the breakout materializes.
Alibaba - This Is Really Just The Beginning!Alibaba ( NYSE:BABA ) is starting to create a bullish reversal:
Click chart above to see the detailed analysis👆🏻
After perfectly rejecting a major resistance level just three months ago, Alibaba now retested the previous trendline breakout area and bulls are immediately stepping in. If we actually see a break above the neckline of this bottom formation, we could even see new all time highs.
Levels to watch: $80, $115
Keep your long term vision,
Philip (BasicTrading)
UMA ANALYSIS📊 #UMA Analysis : Update
✅As we said earlier, #UMA performed same. Around 80% move done in #UMA. There was a formation of Descending Channel Pattern on weekly chart with a breakout🧐
Current we can see a little retest and then we could target for next resistance
👀Current Price: $2.890
🚀 Target Price: $3.800
⚡️What to do ?
👀Keep an eye on #UMA price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#UMA #Cryptocurrency #TechnicalAnalysis #DYOR
$NVDA LongNVIDIA Corporation (NVDA) shows signs of a potential rebound based on Elliott Wave Theory and key technical indicators. The chart suggests that NVDA has likely completed a corrective Wave 4 and could be entering Wave 5, signaling a continuation of its primary bullish trend. Divergences in the Relative Strength Index (RSI), MACD, and Williams %R indicate that the recent pullback may be temporary.
The RSI shows a bullish divergence, with higher lows on the indicator while the price made lower lows, a common precursor to upward momentum. The MACD has turned upward, with a bullish crossover suggesting increasing buying interest. The Williams %R, which measures overbought and oversold conditions, also shows a divergence, indicating the stock may have been oversold and could be ready to reverse.
NVIDIA’s strong fundamentals, driven by increasing demand for AI infrastructure and GPUs, support this technical setup. Compared to gold and U.S. Treasury bonds, which have stabilized with minimal growth potential, NVIDIA offers significant upside as the chart signals a potential reversal and renewed bullish momentum.
RACE (Ferrari) – Quality has its PriceMIL:RACE has a technically interesting setup that also fits well with the weekly setup that I presented a few weeks ago.
The current consolidation has once again reached the lower zone and should find support from here one more time. Recently, a significant bounce was achieved from here several times. In addition, Ferrari is moving at the daily SMA 200 line and has bounced upwards from this (as well as from the horizontal support). In the 4h chart we see a nice RSI divergence as well as a breakout from a falling wedge. Both bullish signals.
Fundamentally, Ferrari is not cheap, but quality has its price. The backlog extends years into the future, the pre-order lists are full to bursting, the line-up presented is technically flawless and in demand and the cash flow is immense. In addition, the company is still family-owned (which secures the share price) and the current F1 season with Hamilton and Leclerc as the team should also be interesting.
We are initially targeting the area around EUR 438 and then the previous ATH at EUR 457. This results in an ROI of 10%. Should the daily closing price fall below EUR 400, the trade would be disqualified and closed.
Target zones
438 EUR
457 EUR
Support Zones
400 EUR
XAUUSDXAUUSD is trading in clean bullish parallel channel.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH.
What you guys think of this idea?
How to easily place pending orders in GOLD #XAUUSDThis is an easy way to determine where to place a buy or sell order. Place the buy or sell order in the boxed area created by the signal, as in the example. For SL TP, it can be in a 1:1 ratio or placed at the previous strong Support and Resistance. Always pay attention to the LOT placed. Adjust to the capital and do not place too many positions during the transaction. Be disciplined and stay relaxed when trading. God Bless.
FOREXCOM:XAUUSD
BONK/USDT, Falling Wedge Breakout with Retest #BONK formed a Falling Wedge pattern on the BONK/USDT pair, which is typically a bullish formation. A breakout has already occurred, and the price is now retesting the upper trendline of the wedge.
The area between 0.0000333 and 0.000032 appears to be a good entry zone for potential longs. If the retest holds, the price may aim for the expected target of 0.000046. However, confirmation of support around the retest level is crucial before entering a long trade. Keep an eye on the price action in this region and implement proper risk management strategies.
Where gold will move after weekend open? (BULLISH ACTIVE & WHY)Hey everyone this is your boy Hunbal! I am looking for a good buy trade ready for asian session gold is ready for a drop I have 1 confirmation one the rejection from the support level and second I am waiting choc in m30 time frame so we are hoping a good buy from here (2632) our take profit will be 100 pips 2642 and our stop loss will be 80 pips 2624. I wish we all together print some money.
Good Luck :)
Alikze »» LDO | Descending channel - 1W🔍 Technical analysis: Completion of corrective leg of bullish angle pattern
- In the weekly time frame, after the formation of a bullish corner pattern in the supply area, it has faced selling pressure.
- It is currently moving in a downward channel, which has encountered demand by touching the second area of the green box.
💎According to the upward momentum, in the first step, it can touch the target of 1.56, which is also the ceiling of the downward channel.
💎 Therefore, after the failure of the descending channel, in the case of Polk to the green box area, it can touch the next targets of 2.34 and the supply area (the previous major ceiling).
⚠️ In addition, if the green box area and Fibo 0.23 of the previous wave break, the bullish scenario will be invalidated.⚠️
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BINANCE:LDOUSDT
Ascending Triangle Breakout - New 52 Week High InboundNVDA price action continues to be bullish and is shaping up to form an ascending triangle pattern straight out of the book. We can see from the pink trend line that price action continues to make higher highs and higher lows and we can see that we are potentially running out of room. We can see here on the daily that the candle closed very bullish at a daily resistance level of $145.26 and had enough power to punch through the previously resistance at $139.56. If price fails to break $145.26, the former resistance at $139.26 will now become support and we can see, looking left, that this scenario has been playing out time and time again. If price goes and retests $139.56, I think that would give it enough power to break and close above $145.26 and very shortly thereafter, break and close above the all time high of $152.89.
Buy on NEIROusdtHi everyone
BINANCE:NEIROUSDT
This chart has become highly bullish, and you can take the risk and open this long trade by adhering to capital management rules and placing a stop-loss.
The first price target is RR 2, and the second target is RR 5.
stop : 0.001076
tp1 : 0.001218
tp2:0.001358
Op/usdt for altseason BINANCE:OPUSDT BINANCE:OPUSDT.P MEXC:OPUSDT COINBASE:OPUSDT
**Weekly Analysis of OPUSDT Chart**
Here’s the detailed analysis of the OP/USDT (Optimism/US Dollar Tether) trading pair based on the chart provided:
---
### **1. Key Levels**
- **0% (Low)**: **0.396** – Historical low.
- **0.618 Fibonacci Levels**: **3.157–3.300** – Key resistance zone, known as the "golden pocket."
- **0.5 Fibonacci Level**: **2.629** – Mid-level resistance and a potential target in the short term.
- **100% (High)**: **4.865** – Historical high or significant recent high.
---
### **2. Current Price**
- **Price**: **2.013** – The price is moving upward after a recent bounce from a support zone near **1.449**.
---
### **3. Support and Resistance Zones**
- **Support Zones**:
- **1.449**: A strong support area where the price previously consolidated and bounced.
- **Green Zone (1.449–1.00)**: Represents a broader support range if a bearish scenario occurs.
- **Resistance Zones**:
- **2.629**: A critical short-term resistance where the price might face selling pressure.
- **3.157–3.300**: The golden pocket (0.618 Fibonacci level), a strong resistance zone where pullbacks are likely.
---
### **4. Price Movement and Potential Scenarios**
- **Bullish Case**:
- If the price breaks above **2.629**, it may head toward the golden pocket at **3.157–3.300**.
- A breakout above **3.300** opens the path to the **4.865** high, representing a significant upward potential.
- **Bearish Case**:
- If the price fails to break above **2.629**, it may pull back to **1.449**, where strong support lies.
- A break below **1.449** would signal further downside toward the green support zone.
---
### **5. Fibonacci Retracement Insights**
- **Golden Pocket Zone**:
- The **3.157–3.300** zone represents the golden pocket, a high-probability reversal area.
- Many traders take profits or look for shorting opportunities in this region.
- **Current Range**:
- The price is between the **1.449 support** and the **2.629 resistance**, making it an important area to monitor.
---
### **6. Trading Strategy**
- **For Buyers**:
- Entry: Consider buying near the **1.449 support** or after confirmation of a breakout above **2.629**.
- Targets:
- Target 1: **2.629**.
- Target 2: **3.157–3.300**.
- Target 3: **4.865** (if strong bullish momentum persists).
- Stop-Loss: Below **1.449** to limit downside risk.
- **For Sellers**:
- Look for shorting opportunities near the **3.157–3.300** golden pocket zone if the price shows signs of rejection.
---
### **7. Indicators to Monitor**
- **RSI**: Check if the price is entering overbought territory near resistance levels.
- **MACD**: Look for bullish or bearish crossovers to confirm momentum.
- **Volume**: Ensure high buying volume supports a breakout above resistance.