JUP for a LONG to $1.19I like a LONG position in JUP. It has had a big rise in volume, OBV is increasing, and Open Interest is increasing. Its aVWAP price sits at about $1.03, and today, it has been testing the one std dev away from the mean (also the 0.236 Fib level). A break above this would be bullish.
Hypothesis rejected: If we do not break above this level, we could see another retest of the FVG at $0.681, although it has been retested many times. The rising OBV, OI, and aVWAP would suggest a move to the 0.618 FIB level, which has the confluence of the aVWAP 1 STD DEV, which is a strong possibility, putting JUP in the region of $1.19.
Chart Patterns
Are sellers approaching the S&P 500?Is the selling action that we saw on Friday in the S&P 500 the result of sellers coming in to the S&P 500 or is it the result of buyers selling to take profits before the weekend. The price action on Monday should give us additional clues about which behavior is entering the market.
RIVN key support signaling a bullish move aheadRIVN recently found support at its previous resistance level, signaling a potential shift in momentum. This technical move suggests the possibility of another upward swing, with $23 emerging as the next target. The price action highlights investor interest at this level, potentially setting the stage for a bullish continuation.
GBPJPY → The CBJ has raised rates. What's in store for the pair?FX:GBPJPY experienced an attempt to break through resistance and rise, but failed to realize the intention as traders do not believe in bullish movement due to the actions of the Central Bank of Japan
The Central Bank of Japan raised the rate by 0.25% to the highest since 2008. The bank sees accelerating inflation, a slowing economy and is likely to raise the rate further if inflation continues to rise.
Fundamentally, the situation may trigger a fall in the currency pair, but it may be restrained due to the Pound's strength against the Dollar. Nevertheless, I assess the situation regarding a false break of resistance from the technical part, and from the fundamental part from the Japanese action, as they are targeting the medium term.
Resistance levels: 193.00
Support levels: 192.00, 190.55
Another attempt to retest resistance before a further drop is possible. Traders are starting to build up longs on the Yen, which may lead to a bearish correction of the currency pair.
Regards R. Linda!
$NIO A massive Rising Channel & Wyckoff Accumulation
NYSE:NIO has been in a downtrend for over 1,450 days—could it finally be time to shine? ⌛️
A massive rising channel: early projection based on top pivots and potential mid-range pivots. 👀
Hey community, do you still believe in NYSE:NIO ?
Are you holding 💎🖐️ and staying unfazed by the downtrend?
$grt looks fundamentally ready to move upall 3 local lows have caught support on the daily 200sma, price is consolidating inside a falling wedge with good volume, rsi is confirming a breakout with multiple test/finding support of its own trendline. need to overtake the other ma's and top trendline of the wedge, if this occurs short term target would be around .30-.35
ONDO USDT💰 LSE:ONDO looking primed on the 2D Timeframe 😤
😳 Consolidation within the Fibo Zone Long setup, perfectly holding the 0.618 support level.
🐃 Bullish breakout from the descending wedge signals a strong continuation.
🔥 Early stages of a major trend reversal!
If you're not longing #ONDO while it's gearing up for a breakout, you're missing out 🚀
🎯 Target 3: $2.76567
Bitcoin Distribution PhaseThe safety trade appears to be unraveling, with Bitcoin showing clear signs of topping out as it moves through a distribution phase. Chart analysis supports this, and the narrative among Bitcoiners has shifted following President Trump’s emphasis on supporting all digital assets and U.S. companies, rather than positioning BTC as a strategic reserve.
This marks a pivotal shift in market sentiment. Many had hoped for Bitcoin to play a central role, but the focus on a broader digital asset ecosystem has left some investors disappointed. While this may take time to fully digest, I believe this narrative, combined with technical indicators flashing bearish signals, sets the stage for a rotation out of BTC and into altcoins.
Altcoin momentum could gain further traction as investors seek opportunities in projects aligned with a more diversified digital future. As we continue monitoring price action, this could be the catalyst the market has been building toward.
SWFTC/USDT PRICE PREDICTION 2025 $0,12 (Blockchain swift)SWFTC/USDT PRICE PREDICTION 2025
Means for long-term follow, and where the possibility is for this coin 2025
The best way of volume entering is in steps.
Depending on the 2025 protection for this coin, we expect this is a good chance this swift system for blockchain can gain over $0,12
We already know the real swift where billions of transactions going, this one means for the blockchain tech.
How more time the coin stays stable and holding levels, how better it is for the coming volume spike.
This update will stay a prediction, do always your study and manage the risk.
Expect nothing from the market, but more see the possibilities.
VET holding support in the the chop zone. NYSE:VET is showing some strength in the chop zone. If the current structure holds support, we are looking for another move-up. If not, you can see the volume gap below showing weakness.
Trading a chart because of the clarity it provides is valid, plus it's a boomer project. It may run.
BTC1! Bitcoin possible crash scenario.The BTC1! chart strikes me as particularly interesting because, unlike other BTC charts, professionals use Bitcoin futures contracts here to speculate on BTC's volatility or manage risk in larger portfolios. The trading schedule runs from Monday (opening at 5:00 PM CT) to Friday (closing at 4:00 PM CT). When the Monday opening price differs from the Friday closing price, a gap is created, which is often filled, as historical data shows similar occurrences.
Currently, there is an unfilled gap between 80,000 and 78,000. While it's not guaranteed that this gap will close, it's worth keeping an eye on that zone. Interestingly, the 0.5 Fibonacci retracement level also aligns with this area. Additionally, there's the 0.25 zone where we find an nPOC (naked Point of Control).
We could see a significant bounce of 20–40% from these levels. If BTC were to experience a 50% drop from the current point, it would bring us to around 54,000. Historically, it tends to have a substantial bounce whenever BTC has fallen more than 40%, making these levels worth monitoring closely.
ENA/USDT - Potential Breakout in Long-Term DowntrendHello traders!
Let's take a look at the ENA/USDT price chart. As you can observe, the price has been locked in a long-term downtrend , contained within a descending macro channel .
Recent Price Action:
Over the past 24 hours, ENA has shown signs of a potential reversal. The price has entered a mini-uptrend channel and is currently approaching the upper boundary (ceiling) of the larger, descending macro channel. This creates the possibility of a breakout from the long-term downtrend.
Potential Breakout Scenario:
Given the potential increase in altcoin trading volume, I believe there's a strong likelihood that ENA could break through the macro channel's resistance level, located around $1.060 . If this breakout occurs, I anticipate a continued upward movement towards the following targets:
First targets:
Target 1: $0.9875
Target 2: $1.0500
Then:
Target 1: $1.20
Target 2: $1.35
Target 3: $1.52
mportant Note on Price Correction:
It's crucial to acknowledge that after a potential breakout above the macro channel's ceiling, a price correction is likely to follow. This is a normal market behavior after a significant upward move and should be anticipated.
Disclaimer:
This analysis represents my personal perspective and should not be considered financial advice. The cryptocurrency market is inherently volatile, and past performance is not a guarantee of future results. Always conduct your own research and manage your risk accordingly before making any trading decisions.
Good luck with your trades!
JUST IN: Bitcoin at $107,000Bitcoin, the flagship cryptocurrency, recently broke past the significant $107,000 psychological resistance level before retracing to $106,000. Despite this pullback, several technical and fundamental indicators suggest a bullish trajectory for the digital asset in the near term.
Technical Analysis
A key technical indicator supporting the bullish outlook is the imminent formation of a golden cross pattern on Bitcoin’s chart. This occurs when the 50-day moving average (MA) crosses above the 200-day MA, a classic signal of bullish momentum and a potential sustained uptrend.
Historically, golden cross patterns have often preceded major price rallies in Bitcoin. For instance:
- In 2020, the formation of a golden cross preceded Bitcoin’s surge from $10,000 to its then all-time high of $64,000.
Currently, Bitcoin’s Relative Strength Index (RSI) sits at 58, which is within neutral territory but trending upward. This indicates that there is room for further bullish momentum without the asset being overbought.
Market Performance
As of this writing, Bitcoin is up 2% on the day, trading at $106,000. The price action suggests strong buying interest at the current levels, even as the market absorbs profit-taking near the $107,000 mark. Key support levels to watch include $104,500, while resistance remains at $107,000 and beyond.
Beyond technical signals, several fundamental factors are bolstering Bitcoin’s bullish outlook:
1. Institutional Interest: Recent data highlights a surge in institutional inflows into Bitcoin-focused investment products. This renewed interest comes amid increasing macroeconomic uncertainty and Bitcoin’s reputation as digital gold.
2. Supply Dynamics: Bitcoin’s halving event, expected in mid-2025, is already influencing market sentiment. Historically, halvings have significantly reduced the rate of new Bitcoin entering circulation, often leading to price increases as demand outpaces supply.
3. Global Adoption: Countries and corporations continue to embrace Bitcoin as a legitimate asset. Recent announcements of Bitcoin integration into payment systems and growing adoption as a store of value further validate its utility and potential.
Conclusion
With the golden cross pattern on the verge of confirmation, Bitcoin’s technical setup suggests that a strong bullish run could be imminent. Coupled with favorable fundamentals, including increasing institutional participation and global adoption, Bitcoin appears well-positioned to continue its upward momentum.
Traders and investors should keep an eye on the $107,000 resistance level, as a decisive break above it could pave the way for Bitcoin to target $110,000 and beyond. However, as always, caution is advised, as market volatility remains a key characteristic of the cryptocurrency space.
USNAS100/ The Bullish Trend AheadUSNAS100
Technical analysis
The price has reversed from the resistance zone and is currently trading below it. To confirm a bullish trend, it is essential for the price to stabilise above this resistance zone by closing with a confirmed candle above it, potentially reaching the level of 22,400. However, as long as the price remains below this zone, there is a higher likelihood of testing the support level at 21,570. If this support level fails to hold, the next target would be the support at 21,370.
It is important to note that the support at 21,570 is a significant level that may provide enough strength to push the price upwards.
Disney is giving you a second chanceDisney presented a HISTORIC buying opportunity on the monthly chart as it approached the lower part of the bullish channel that has been forming for decades. That purchase in the 90s zone was ideal and had minimal long-term risk.
Today, Disney has confirmed the bullish breakout of a flag pattern, which is a clear continuation of the trend and should lead to substantial profits in the coming weeks. This, combined with the long-term bullish trend, makes it an ideal entry with a stop that can be tightly adjusted, right within the flag pattern.
EUR/GBP Collapses Bearish Breakout SetupThis chart shows a short trade setup based on the price action and trendline analysis of the EUR/GBP pair on the 2-hour timeframe. The price was moving within an ascending channel, defined by two parallel white trendlines. The ascending channel suggests a temporary bullish trend where the price consistently made higher highs and higher lows.
At the top of the channel, the price experienced resistance, which led to a breakdown below the lower trendline. This breakdown signals a potential reversal of the bullish trend and marks the start of bearish momentum. The break of the lower trendline is the key signal for the short entry.
The breakdown also aligns with a shift in market sentiment, as the price failed to maintain its position within the channel. The sell-off that followed confirmed the validity of the breakout. The price is now trending downward toward a lower level, which could act as a support area.
The key levels to watch include the recent breakout point, which could act as resistance if the price attempts a pullback, and the lower support level near 0.82856. This support level aligns with a previous price range and serves as the potential target for the short position.
The descending movement following the channel break suggests strong selling pressure. To confirm the continuation of the bearish trend, the price should not re-enter the ascending channel. A retest of the lower trendline could provide further confirmation of the breakdown, while a failure to hold below it could invalidate the bearish bias. This setup reflects a clear trend reversal strategy focusing on trading the breakout of an ascending pattern.
Bitcoin situationWe haven't talked about the quintessential cryptocurrency, Bitcoin, for a few weeks. It has been moving sideways, and I've maintained the recommendation to stay neutral.
The good news is that the support hasn't broken, and it has provided good buying opportunities.
Now, we can expect another drop to the area marked as an ideal buy, or in case of a bullish breakout, we can buy to join the next bullish rally. Losing 86k$ is a major problem according to the current chart situation.