DOGE risks falling below $0.20: analysisDogecoin (DOGE) price has dropped over 30% from its yearly high of $0.48 earlier this month. This decline is linked to multiple bearish signals, increasing the likelihood of further price decreases.
As the year draws to a close and bearish pressure mounts, technical indicators point to a further decline in DOGE’s price, possibly slipping below $0.20. Here is why.
A “Death Cross” pattern has been formed on the DOGE/USD one-day chart. This is a bearish pattern that is formed when an asset’s short-term moving average (often the 50-day moving average) crosses below its long-term moving average (commonly the 200-day moving average), suggesting a shift in market sentiment from positive to negative.
Readings from the DOGE/USD chart showed that DOGE’s 50-day MA crossed below its 200-day MA on December 18, and the meme coin’s price has since plummeted by 20%. This crossover is a bearish signal, suggesting a weakening trend, with recent price declines outweighing long-term price gains.
Currently, DOGE is trading below the resistance at $0.33. Persistent spikes in selling pressure at this level could drive its price down to the support at $0.28.
Should this support fail, DOGE’s next key level lies at $0.23. If bulls cannot defend this level, the meme coin could slip below the $0.20 zone, potentially reaching $0.17.
On the other hand, a successful breach of the $0.33 resistance level could propel DOGE towards its yearly peak of $0.48.
Chart Patterns
XAUUSD TECHNICAL ANALYSIS (READ CAPTION) hello traders. what do you think about this analysis.
current price: 2615
market seems unable to cross the lowest and has established a buy parallel pattern which further indicates a bullish trend. now market is working above its supporting area and is trying to go further high. its first target will be 2632 after crossing this position market will go upto 2656.
support zone:2607.2596
resistance zone:2632.2656
please don't forget to like comment and follow
NVTS - 50% already, 300% more to go! Massive 2025 StockNASDAQ:NVTS 💾
A top 5 trade for me right now!
We are up a massive 50%+ since we called this name out for a breakout retest then move higher. We got exactly that friends. It's a massive move but what if I told you that this move pales in comparison to the overall 300%+ move I see coming over 2025! Buckle up this is going to be a wild ride friends.
Weekly Analysis:
-H5 Indicator is GREEN
-Broke out of downtrend & falling wedge in which we hit our first profit target and now we successfully retested the breakout and bounce higher! I bought more shares/ options this past week.
-Sitting on a volume shelf with a lot of room to run!
-Williams CB has created support and formed!
🔜🎯$4.65🎯$6🎯$7.62🎯$11.17🎯$12.29
⏲️Before May2026
Not financial advice.
BTC.D Crumbles: Is the Ultimate Altseason About to Begin ?!!?1. **BTC.D Drops → Altcoins Rise**:
- BTC.D measures Bitcoin's market share relative to the entire cryptocurrency market. A falling BTC.D typically means capital is flowing from Bitcoin into altcoins, signaling increased altcoin strength.
2. **Recent BTC.D Context**:
- The **rejection at 59.23% resistance** and breakdown below support (57.48%) indicate Bitcoin dominance is weakening. This often coincides with:
- A **rotation into altcoins**, as traders seek higher ROI opportunities.
- Altcoin outperformance during periods of bullish market sentiment or when Bitcoin consolidates.
3. **Supporting Indicators**:
- **Volume Shift**: Rising altcoin volume (lower BTC.D) is a common precursor to an altcoin rally.
- **RSI & CMF on BTC.D**: Weak momentum and capital inflow into altcoins align with BTC.D's bearish setup.
4. **Scenarios**:
- **Altcoin Rally Catalyst**: If BTC.D continues breaking down, altcoins could capitalize, especially large-cap alts.
- **Key Levels to Watch**: BTC.D support at 56.00%. If breached, altcoin dominance may rise sharply.
Summary
The current BTC.D setup hints at an ongoing **altcoin season** if dominance continues falling, provided overall market sentiment remains bullish.
AMD Stock Price Rebounds from Yearly Low. 2025 ForecastAMD Stock Price Rebounds from Yearly Low. 2025 Forecast
As the chart indicates, Advanced Micro Devices (AMD) reached its yearly low on 20th December, dropping below $120.
However, on Monday, AMD emerged as one of the top-performing stocks in the market. The trading session opened with a bullish gap, and by the close, the stock had gained approximately 4.5% compared to Friday's close. Meanwhile, the S&P 500 (US SPX 500 mini on FXOpen) rose by 0.7% on the same day.
According to technical analysis of the AMD stock chart, in 2024, the price formed a descending price channel (highlighted in red), characterised by the following:
- Bears broke below three trendlines, forming a structure reminiscent of Gann fans.
- The fourth (lowest) trendline could serve as a strong support level, preventing the price from reaching the bottom of the channel. The sharp upward reversal from the $120 level may be considered a sign supporting this scenario.
Price action suggests increasing demand, and analysts (as outlined below) believe buyers may play a more active role in 2025.
AMD Stock Price Forecast for 2025
In 2024, AMD underperformed the market. Amid the AI boom, Nvidia (NVDA) and Broadcom (AVGO) stocks reached all-time highs, while AMD's stock price dropped by about 12% since the beginning of 2024.
According to Yahoo Finance, the company’s strategic approach provides a rationale for investors to hold or buy AMD shares heading into 2025.
AMD has historically avoided introducing revolutionary products. Instead, the company enters established markets with alternative products that offer specific advantages.
This strategy could apply to the AI boom:
- 2024: AMD’s stock declines as the company adopts a wait-and-see approach, assessing the AI market's needs.
- 2025: AMD could benefit from the AI race, possibly through new processors in its EPYC series.
According to TipRanks:
- 22 out of 30 surveyed analysts recommend buying AMD shares.
- The average price target for AMD is $182 by the end of 2025, representing a 46% increase from current levels.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Potential bullish rise?NAS100 has reacted off the support level which is an overlap support that aligns with the 23.6% Fibonacci retracement and could rise from this level to our take profit.
Entry: 21,426.87
Why we like it:
There is an overlap support level that aligns with the 23.6% Fibonacci retracement.
Stop loss: 21,119.53
Why we like it:
There is a pullback support level that lines up with the 61.8% Fibonacci retracement.
Take profit: 21,894.84
Why we like it:
There is a pullback resistance level that aligns with the 78.6% Fibonacci retracement.
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Morning Start Formation on ETHThe Morning Star pattern on ETH suggests a potential reversal of the recent downtrend and hints at a possible upward price movement. This pattern typically forms after a period of falling prices and signals increasing buying pressure.
Key Points
Bullish Reversal: The Morning Star is a three-candle pattern that often indicates a shift from a bearish trend to a bullish trend.
Increased Buying Pressure: It signals that sellers are losing momentum and buyers are stepping in.
Potential Uptrend: If the pattern is confirmed by other indicators or a break above key resistance levels, it could mark the beginning of an uptrend for ETH.
Disclaimer: Remember that technical analysis is just one tool in a trader's arsenal and should be used in conjunction with other forms of analysis. It's important to conduct thorough research and consider various factors before making any trading decisions.
P.s. Trading on 24 of December Above 3475 gives confirmation to grow to 4k before the end of December 31.
p.s.s. This is random text from internet not a financial advice.
RIVIAN LOOKS PRIMED! 120% UpsideNASDAQ:RIVN
Is it finally time for Rivian to break out of the multi-year downtrend?
-Falling wedge
-Symmetrical triangle
-Inverse H&S
-Williams CB formed
-H5 is GREEN
TRADE once we get B/O
Breakout: $16
SL: $9.52
Targets: $28/ $36
Risk/Reward ratio: 3
Not financial advice
ETHUSDT: $5000 is Next Big Target! BINANCE:ETHUSDT
Since our first two entries already have reached two of target profits, now we think there are two possible entries from where we can expect price to reverse from. These two entries will be swing ones so whichever you take, it will be a good investment opportunity. Risk management is key to success, always follow your own analysis and use this analysis only for educational purposes.
GOLD → Correction before further declineFX:XAUUSD is testing the zones of interest within the counter-trend correction after it managed to break a rather strong level earlier. The fundamental background is not very good, there is bearish pressure on the market.
The negative impact on gold is built around the hawkish stance of the Fed (inflation, Trump's future policy and the economic data of the last two weeks). The cycle of interest rate cuts may slow to 2 rate cuts for 2025.
Friday's correction is mainly due to PCE data, but I don't think it will change the global picture.
Towards the end of the year, it is logical to reduce liquidity in the markets, which could increase mispriced volatility in the market. Be careful!
The gold market is still supported by the conflict in the Middle East and Eastern Europe.
Technically, price is forming a flag after a strong decline. At the moment the price is inside the pattern and for trading it is worth paying attention to the boundaries of the local channel.
Resistance levels: 2620, 2631, 2640
Support levels: 2606, 2560
Emphasis on 2620. If the bears break the level and keep the defense below the level, it can generally increase the pressure, which will provoke the price drop.
But I do not rule out an attempt to break the channel resistance and retest 2640-2650 before a further fall.
Regards R. Linda!
XAUUSD BUY ANALYSIS (READ CAPTION)hello my fellow traders! what do you think about gold today.
current gold price: 2603
bulls are back and now gold is about to hit 2645 which is our demand zone. after rejecting 2582 twice market has established a strong bullish trend. from this position market's first target will be to break 2626 resistance and if market successfully breakout this zone then its next target will be 2645.
key points:
resistance: 2626, 2638
supporting area: 2595, 2618
Note:
First Target: 2625
Second Target: 2645
Stop Loss: 2582
kindly like, comment and follow for latest updates on gold. thanks for your precious time and support.
Cardano (ADA): Possible 10% Drop Coming!!!Cardano coin has a good possibility to break a local resistance on smaller timeframes and move to the major support zone on the daily timeframe, which would result in a nice 12-15% of market price movement!
More in-depth info is in the video—enjoy!
Swallow Team
HBAR / USDT: Breaking out from Trendline resistance HBAR/USDT: Breaking Out from Trendline Resistance – Bullish Rally Ahead?
HBAR/USDT is making waves 📈 as it breaks through a critical trendline resistance zone 📊. This breakout signals the potential for a strong bullish trend to unfold 🚀. With momentum building, traders should keep a close eye 👀 on this pair for further confirmation and opportunities.
Key insights:
1. Trendline resistance breached: HBAR/USDT has successfully broken a long-standing trendline that previously acted as a barrier. This breakout could pave the way for a significant upward move.
2. Volume surge: A noticeable increase in trading volume accompanies the breakout, indicating strong buyer interest 🔥.
3. Bullish signals: Momentum indicators like RSI and MACD are turning positive ⚡, supporting a continued bullish trend.
Steps to confirm the breakout:
Look for a clear 4H or daily candle closing above the trendline 📍.
Monitor trading volume; a surge confirms strong buying activity 📊.
Watch for a potential retest of the broken trendline, now acting as support, to solidify the breakout ✅.
Stay cautious of fake breakouts, characterized by sharp reversals or wicks above the trendline ⚠️.
Risk management strategies:
Implement stop-loss orders to protect your position and manage risk 🔒.
Size your position wisely, ensuring it aligns with your overall trading strategy 🎯.
This analysis is for educational purposes only and not financial advice. Always conduct your own research (DYOR) 🔍 before making investment decisions.
BITCOINUSD BREAKOUT SELL SETUP (READ CAPTION)hi trader's. What do you think about bitcoinusd
Current price: 96900
Bitcoinusd breakout parallel channel and . Holding parallel channel down side .Possible bitcoinusd nove to first tp 95550 and 95550 breakout then bitcoinusd fall down 92600
Resistance zone: 97500. 98700
Support zone: 95550. 92600
Like comment thank you for support
SHIB/USDT Analysis: SHIB is currently gaining momentum within a long-term symmetrical triangle pattern. This consolidation phase suggests a potential breakout, and if SHIB stays above key support levels and bounces off strongly, it could retest its all-time high.
SHIB is close to the apex of the triangle, a crucial point where a decisive move is expected.
Strong upward momentum could target higher levels.
Immediate support is near 0.00002150.
Critical support at 0.00001090 is marked by the dashed red line. It is crucial to stay above this level for bullish continuation.
First Target: 0.00003000
Second Target: 0.00005000
Based on sustained momentum, potentially a retest of levels near 0.00009000.
The symmetrical triangle signals a period of indecision, but a breakout could lead to substantial profits.
Monitor volume closely to confirm the strength of the breakout, while also keeping an eye on key levels for invalidation.
If the bullish momentum sustains, SHIB has a strong chance of retesting its ATH in the upcoming rally.
DYOR, NFA
@Peter_CSAdmin
Tesla $500+ friday or early to mid next Week ??After reaching a new All Time High last week of about 488, The stock price began to sell off but we might have found its bottom for now and can be anticipating another leg up to push us above 500 before heading back below 400 to test crucial Support levels. Good luck.
Yesterday was an Inverted hammer close and today followed up with a doji that tested previous all time high levels that were broken last week and then recovered closing near opening price. Could be time for an upward move. Good Luck
Crypto winter is coming! Don’t miss the final rally.At this point, it’s already possible to see the structures the market operates within, specifically the influence of major market participants: how they accumulate liquidity and set the market trend.
Everything follows a pattern: a long 6–8 month consolidation → 1st wave of growth → redistribution + liquidity collection above and below → 2nd wave of growth → another long consolidation → repeat.
This generally fits logically into the framework of this cycle, both in structure and timing. The main target of this cycle — $140,000 — has not yet been reached. The market almost never exits an accumulation phase with just one growth wave. There’s a high probability that this will repeat once more: a second wave of growth to $140,000, followed by a six-month range until the end of summer, possibly in the form of an ascending structure, such as a wedge, potentially even reaching $173,000.
During this time, there will be distribution. This will take a while since big players need time to exit via retail. Selling to retail is most effective when there’s hype in the market. Exits may also occur through altcoins, as has happened before. Therefore, there’s still a chance that altcoins will surge during this period, creating the biggest market hype.
Just some market thoughts for now. Let’s keep observing. DYOR.
AUD/CADMonitor this pair and watch 0.89600 area. there is a great chance that it bounce back up to 0.89900 area.
In 1H time frame, it made a nice double top and it continues Bearish move. However, Buyers will come to play around0.89600 as previously they have come.
Obviously, that is my expectation. if at lower time frame, show the sign of Bullish move, then i will take that.
Let's see how it performs.