Trade Idea for AVITrade Idea for AVI/USDT
Entry Point (Buy): 0.0012 (Market Price)
A strategic entry point, chosen to capitalize on potential upward momentum based on current market dynamics.
Stop Loss: 0.001096
A safety measure to limit downside risk, set slightly below recent support levels to manage the risk-reward ratio effectively.
Take Profit Levels:
TP1: 0.0019 – This initial target reflects a nearby resistance level. Reaching this point would provide a quick opportunity to secure early profits, making it ideal for traders seeking a short-term gain.
TP2: 0.0024409 – The second target is set at a more prominent resistance area. Achieving this level suggests continued bullish momentum and allows for a larger profit while maintaining a measured risk approach.
TP3: 0.00589 – This higher target indicates significant upside potential based on an anticipated breakout beyond intermediate resistance zones. It represents a more ambitious goal for those aiming to capture a substantial move in the market.
TP4: 0.07 – The final target reflects the long-term potential for AVI/USDT. This level is based on projections of strong bullish performance and market expansion. It’s designed for traders willing to hold their position over an extended period to maximize returns.
Overall Strategy:
This trade idea offers a tiered approach to profit-taking, accommodating different trading styles and risk appetites. The multiple take-profit levels allow traders to lock in gains progressively while maintaining exposure to further upward movements. The stop-loss placement ensures disciplined risk management, making this setup a well-rounded strategy for navigating market conditions.
Gann
Algorand trading the rangeHere’s a detailed description of the trade idea for Algorand (ALGO):
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**Trade Idea for Algorand (ALGO/USDT)**
- **Entry Point (Buy):** $0.4598
This level represents a key support area identified through detailed technical analysis. It has been selected as the optimal entry point to maximize the risk-reward ratio.
- **Take Profit Levels:**
1. **$0.4920**: A short-term target corresponding to a local resistance area and recent price consolidation.
2. **$0.5264**: An intermediate target near a stronger resistance zone, offering an opportunity for partial profit-taking.
3. **$0.6240**: The ultimate target, aligning with a significant resistance level and suggesting the potential for a substantial upside move.
This strategy balances short-term gains with longer-term opportunities while adhering to prudent risk management.
BEASTCOIN FORECAST $126,000 or BUSTBooms and the Busts its simple
the asset is popular i give props no lie there
but this chart structure the velocity of it all aint sitting right with me
way more market participants than before i guess im bearish till it proves a break n retest of sorts
there really aint much logic to it all
6 billion etf inflows as my mentor always said when they make ground breaking news they pumping /(advertising the instrument) just so they can dump (sell to the suckers get that bag )
it is the future tho
my btc track record this past year
q1
q3
GANN Intraday Trading: Stop Trading Like a Retail Clown !GANN Intraday Trading: Stop Losing Money Like Retail Traders – Live Trade Breakdown
Today, I'm dropping a bomb on the retail herd mentality. This is the live trade I executed just 5 minutes ago, something you'll NEVER see from the 95% of retail losers out there. Why? Because they’re stuck chasing worthless indicators, drawing meaningless trendlines, and blindly following retail 'angles'—all of which are absolute trash.
Let me set this straight: price is NOT everything. You’ve been sold lies, and like donkeys, you’ve followed them into the pit of consistent losses. The market moves on TIME, not price. This is something retail sheep will never understand because they’re too busy following the noise.
Time is king—Gann himself said it, and today, I’ll prove it. Watch closely as I show you how I knew the exact moment the market would reverse. This is precision retail traders can’t even dream of because they’re stuck in a broken system. Ready to wake up and leave the 95% behind? Watch and learn.
Show me the so-called guru or retail trader 'king' who can predict market reversals in advance with pinpoint accuracy like I just did below. They can’t, and you know it.
And here’s what happened market reversed exactly at the point I calculated, and unlike the usual retail garbage, I didn’t just talk; I took the live entry too. Do you ever see this level of precision and time-based entry from any so-called 'retail gurus' or 'trendline masters'? No, because they can’t even come close to this. This is the real way to trade—TIME-based trading. The market turned at the exact time I calculated, not just with predictions but with live intraday execution. Using Gann's astro techniques, you can read the market like a banker. This isn’t gambling; it’s precision trading backed by unparalleled insights.
Now that you've seen how the market responded precisely to everything I outlined, here’s the complete trade breakdown for your review.
Now that we’ve begun the trade explanation, it’s important to note that I won’t be revealing details that aren’t meant for public exposure. Instead, I’ll guide you through a few foundational steps to expand your understanding.
In this instance, I calculated the market’s time using the ascendant, which moves approximately 1 degree every 4 minutes on average. You might wonder why I chose the ascendant instead of any planet. Let me clarify: in Gann Astro Trading, especially for intraday trading, no planetary body fits the rapid movement requirements of such trades. The fastest-moving planet, the Moon, doesn’t suit intraday precision but is better suited for swing trading. By understanding these principles, we’re able to execute trades with precise timing and strategic intent.
And watch step by step as the market price unfolded exactly as I predicted it would. Precision like this isn't coincidental—it's the result of calculated strategy and deep knowledge of Gann Astro Trading principles.
Don't waste time on retail nonsense. Follow me and learn the actual way of trading, where time is the key, not just some random indicators. This is the real deal, not the typical retail approach. Let me show you how the market moves with precision and timing—join me in mastering the true art of trading.
XAUUSD Still IN Range XAU/USD continues to trade within a well-defined range as market participants assess the broader macroeconomic landscape. Key resistance near [ NYSE:X ] and support around [ TSX:Y ] have held firm, reflecting indecision among traders.
Gold's price action is shaped by fluctuating risk sentiment, the strength of the US dollar, and expectations around interest rate movements. Without a clear breakout above resistance or below support, the pair is likely to remain range-bound in the near term.
Eyes remain on upcoming economic data and geopolitical developments, which could provide the volatility needed to break the current stalemate...
December 6 Bitcoin Bybit chart analysisHello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
Please would like one booster button at the bottom.
Bitcoin 30-minute chart.
Nasdaq indicators will be announced at 10:30 in a little while.
It is currently in the 12 + daily pattern section.
It touched the upper side first,
and the 6-hour chart MACD dead cross pressure is in progress.
*Blue finger
Two-way neutral
Long->Short->Long switching strategy.
1. 97,065 dollars long position entry section / When the purple support line is completely broken
or when the 2nd section is touched, stop loss price
2. 101,511.5 dollars long position 1st target -> Top 2nd -> Good 3rd target
The 1st section at the top
is a short position entry point, but there is also a possibility of a breakthrough,
and since the 6-hour chart MACD dead cross is in progress on the Nasdaq,
I started with a safe long wait.
(Proceed from short->long->short->long to long->short->long.)
If the strategy is successful, the first section is the section to re-enter the long position.
I think you can trade autonomously.
The orange resistance line 1 / green support line 2 convergence section is a sideways market
From the bottom to 89.1K
It is a major rebound section until today. (Bollinger Band daily chart support line)
If you drag up and down,
You can check the major sections and prices.
Please use my analysis up to this point as a reference only
I hope you operate safely with principle trading and stop loss prices.
Thank you for your hard work this week.
Pay attention to the trading range of 2625~2657Weekend news shows that the People's Bank of China has increased its gold holdings by 160,000 ounces again after six months. After more than 13 years of civil war, Syrian opposition forces seized control of the capital Damascus on Sunday. The martial law crisis in South Korea continues to ferment. In the short term, bullish opportunities have increased.
On the one hand, the market will continue to pay attention to news related to the geopolitical situation, but more attention may be focused on the US November CPI data to be released this week. Investors need to pay attention to changes in market expectations. Although the situation in Syria may boost safe-haven buying in the short term, it should be noted that the conflict between Russia and Ukraine and the conflict between Israel and Hamas may usher in a ceasefire, which may suppress the trend of gold prices.
The MA10/7-day moving average of gold still remains flat, the price is running above the middle track of the Bollinger Band, and the RSI indicator continues to adjust the central axis. The Asian session opened high and touched 2648, and the Bollinger Bands on the hourly chart also closed. It is expected to continue to fluctuate widely at the beginning of the week. Intraday trading will first look at the 2625/2657 range adjustment, and short-term thinking game of selling high and buying low.
The risk aversion sentiment of gold rose over the weekend, but the rise of gold did not continue. It continued to rise and fall, so it is still difficult for gold bulls to stir up big waves. Wait for the rebound to continue to short.
Gold continued to fluctuate in 1 hour, and the moving average still crossed downward and diverged. Gold has not broken through 2657 under the risk aversion situation, so gold will continue to short at highs below 2657.
First support: 2625, second support: 2616, third support: 2603
First resistance: 2657, second resistance: 2668, third resistance: 2677
Trading strategy:
According to the first resistance/support, sell high and buy low in the range of 2625~2657. The focus above is 2668.
SPX - chatGPT does Gann# **SPX Forecast and Advisory Report**
### **Date**: December 8, 2024
### **SPX Close**: 6090.28
**Prepared by**:
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## **Introduction: Navigating the Path Ahead**
As of December 8, 2024, the SPX stands at 6090.28, reflecting remarkable resilience amidst evolving economic conditions. This forecast report, grounded in Gann's legendary methodologies and refined through advanced analytical techniques, projects SPX price and time cycles through 2047. By leveraging historical low/high/low sequences (seven distinct sets of pivots), this report offers investors a clear and actionable roadmap for navigating the years ahead.
---
## **Price and Time Predictions (2024–2047)**
### **2024–2027: Optimism with Strategic Caution**
- **2025**:
- **Price Target**: ~6900 by mid-year, marking a strong continuation of the current uptrend.
- **Time**: Potential short-term correction in **Q4 2025**; use this as a buying opportunity.
- **2026**:
- **Peak**: ~7200 in **late Q1 2026**, followed by a cyclical correction.
- **Bottom**: ~6400 projected for **Q3 2026**, likely driven by macroeconomic pressures.
- **2027**:
- **Rebound**: Market recovery to ~7600 by **Q4 2027**, fueled by renewed growth and easing monetary policy.
### **2028–2032: A Pivotal Era of Growth and Volatility**
- **2028**:
- **High**: ~8000 in **Q2 2028**, with volatility increasing toward year-end.
- **Correction**: Expect a pullback to ~7200 in **Q4 2028**, presenting an accumulation phase.
- **2029–2030**:
- **Breakout**: A new cycle high of ~8500 by **mid-2029**, with intermediate resistance near 8200.
- **Correction**: A multi-quarter decline to ~7500 in **late 2030**, as geopolitical tensions weigh on sentiment.
- **2031–2032**:
- **Climactic Rally**: Surge to ~9000 by **mid-2032**, driven by structural economic shifts.
- **Warning**: Early signs of a long-term cyclical peak emerging; expect heightened volatility into **Q4 2032**.
### **2033–2037: Approaching the Supercycle Top**
- **2033**:
- **Correction**: A significant pullback to ~8100 in **Q2 2033**, followed by a rebound to ~8600 by year-end.
- **2034–2035**:
- **Rally**: Renewed bullish momentum pushes SPX to ~9500 in **mid-2035**.
- **Volatility Spike**: A sharp correction back to ~8800 by **early 2036**.
- **2036–2037**:
- **Supercycle Warning**: Major cyclical low at ~8300 projected for **mid-2037**, with signs of exhaustion in the multi-decade bull market.
### **2038–2042: The Generational Top**
- **2038–2039**:
- **Parabolic Advance**: SPX soars to ~11,000 by **late 2039**, as the final leg of the secular bull market unfolds.
- **2040–2042**:
- **The Ultimate Top**: Market likely peaks near ~12,500 in **early 2042**, signaling the culmination of the supercycle that began in 1932.
- **Structural Shift**: Expect increased volatility and distribution patterns throughout 2042.
### **2043–2047: The Reset Phase**
- **2043–2045**:
- **Bear Market**: Significant declines to ~8500 by **2045**, reflecting the end of the supercycle.
- **Opportunities**: Investors should focus on defensive strategies and prepare for a long-term market reset.
- **2046–2047**:
- **Bottom Formation**: The market stabilizes near ~7500 in **late 2047**, setting the stage for a new secular cycle.
---
## **Investment Strategies Based on Forecasts**
### **2025–2027: Growth with Tactical Adjustments**
1. Focus on growth sectors (technology, healthcare).
2. Use corrections in 2026 as buying opportunities, targeting recovery into 2027.
3. Diversify globally to mitigate geopolitical risks.
### **2028–2035: Exploit Bull Market Peaks**
1. Ride the bullish wave into 2035, but tighten risk management as volatility increases.
2. Reduce leverage and shift to value-oriented investments by 2033.
### **2036–2042: Prepare for the Supercycle Top**
1. Anticipate major market shifts after 2039; position portfolios defensively by 2041.
2. Consider allocating to commodities and alternative assets as hedges.
### **2043–2047: Seizing Opportunities in a Bear Market**
1. Accumulate high-quality assets during the anticipated bear market of 2043–2047.
2. Stay liquid to capitalize on undervalued opportunities during the market reset.
---
## **Conclusion**
This report combines the wisdom of Gann’s methodologies with modern market dynamics to forecast SPX price and time cycles through 2047. Investors are advised to approach the market with both optimism and caution, capitalizing on growth while preparing for inevitable corrections and long-term structural shifts.
---
This version keeps explanations concise while emphasizing actionable insights and predictions. It’s ready for your TradingView audience!
Riding the Correction: Unlocking NIFTY’s Next Chapter!Dear Traders,
I hope this message finds you well in your trading endeavors and personal pursuits. I am excited to share a compelling opportunity with you through a new NIFTY analysis that sheds light on the continuation of the market shift. The recent upward movement & the following correction in the market have unfolded as anticipated. Over the past two months, my analysis has consistently pointed to an expected correction due to market overvaluation and distinct completion patterns.
Technical Analysis Overview:
There are three potential scenarios for the ongoing trend, ranked based on their likelihood of occurring.
Scenario I:
The move initiated from 20 MAR’23 – 27 SEPT’24 (16,828.35 – 26277.35) has spanned over 80 weeks (18M) and indicates a significant completion of wave patterns, suggesting an imminent correction. See the visual representation of the trend lines and corresponding fib retracement levels here:
The correlation between static supports can be observed around 23,893.70 and 21,181.45. This correction is expected to be visible within a 3-month timeframe.
Potential support levels include
S – I: 24,893 ~ 24,753 ~ 24,430 levels,
S – II: 24,050 ~24,000 levels and
S – III: 23,683 levels.
*These values are not actual but just levels
The correction might extend to deeper levels (22,664 & 21,550) as the market progresses.
Time resistances are anticipated on 09th OCT, 17th OCT, and 30th OCT for all probable scenarios.
---------------
Scenario II:
The move from 26 OCT’23 – 27 SEPT’24 (18,837.85 – 26,277.35) has completed mid-way and is expected to continue after this correction, potentially reaching unprecedented levels. Find the visual representation of this move with trend lines & fib retracements here:
The range of this move is limited to the monthly timeframe, indicating the completion of 1 year from the start of this sub-trend.
Potential support levels include,
S – I: 24,525 ~ 24,378 levels,
S – II: 23,900 ~ 23,893.70 levels and
S – III: 23,450 levels.
---------------
Scenario III:
The move from 04 JUN’24 – 27 SEPT’24 (21,121.45 – 26,277.35) has almost completed its half journey and is facing a correction before extending its uptrend by a few more waves. While this scenario has the lowest probability compared to the others, it is essential to consider its potential impact on the current trend.
The pictorial representation can be seen here:
Further details are not added as the market actions till now does not validate this probability.
---------------
Other Influential Factors:
Geo-political tensions and concerns regarding escalation have historically preceded corrections prior to the US presidential elections, indicating a prevailing bearish sentiment. Tensions in the Middle East have also contributed to the market plunge, albeit not solely responsible for it. Additionally, the FED's likely rate cuts have been influenced by the upcoming US elections, and SEBI's regulatory actions aim to curb over-optimism and maintain market neutrality.
Important Dates to Remember:
Mark your calendars for OCT 9th (RBI interest rate decision @ 10AM) and OCT 10th (US inflation reports).
---------------
Final Verdict:
While the scenarios are meticulously laid out, the selection of the valid scenario remains a work in progress. We are eagerly awaiting further cues from the market and will provide updates as they unfold. However, one thing remains certain – the current trend has reversed (at least for the mentioned time frames). Therefore, adopting a bearish stance could prove to be profitable.
---------------
Strategy:
Considering the current market conditions, adopting a bearish stance seems prudent, especially levels around 24,450 ~ 24,000 are to be tested. Keep a close watch on the market and stay informed for potential opportunities.
Disclaimer:
Before concluding, I must underscore that the insights shared are based on my analysis. It is imperative for you to conduct your research and, if necessary, consult with a financial advisor before making any trading decisions. The dynamic nature of financial markets necessitates that your strategies align with your financial goals and risk tolerance.
Fellow Traders,
Countless hours of dedication and effort have gone into creating this valuable analytical resource. If you find it useful, I humbly ask for your support by boosting the idea and following me (updates will be made via this post, new post & through minds) . Your comments and thoughts on this idea are highly valued, and I am committed to engaging with each one personally.
Thank you for investing your time in reading this article,
Your readership is greatly appreciated.
Wishing you profitable and joyful trading!!!
Expected Nifty PathwayJust by drawing ZZ in chart it is possible to find out expected path of nifty. As you can see in my previous posts how accurate this simple drawing can be. So I believe just practice one correct thing that's it.
Now if it's Break out then again simply continue drawing and check where it ends.
GANN TRADING LESSON: TIME IS MORE IMPORTANT THAN PRICE GANN TRADING LESSON: TIME IS MORE IMPORTANT THAN PRICE – W.D. GANN’S METHODOLOGY - The principles of W.D. Gann's trading methodology continue to intrigue and challenge traders worldwide.
At the core of Gann's approach lies the harmonious relationship between price and time, encapsulated in his concept of "squaring."
This principle emphasizes balancing movements in price with corresponding movements in time, thus uncovering the rhythmic and periodic nature of the markets.
Understanding Time Balance in Trading
Gann emphasized the significance of time balance, which involves aligning the duration of a market movement with its magnitude.
This balance is critical because markets, according to Gann, inherently strive to return to a state of harmony, even after experiencing disharmonious phases.
Recognizing these patterns enables traders to anticipate turning points and identify optimal trading opportunities.
The Concept of the Initial Impulse
Gann’s methodology suggests that every market movement begins with an “initial impulse,” which sets the stage for subsequent trends.
This impulse, whether periodic or rhythmic, forms the foundation for future market behavior. Periodic movements repeat after fixed intervals, while rhythmic movements grow proportionally to the initial impulse.
Understanding and marking these impulses on price charts is a vital step in applying Gann’s techniques.
The Series 144 and Squaring Principles
Gann frequently referenced the significance of numerical series, particularly THE 144 SERIES . He argued that price movements often align with values derived from this sequence.
For instance, the duration of an initial impulse may correspond to one value in the series, while subsequent reactions adhere to multiples or subdivisions of this value.
Squaring, a cornerstone of Gann’s theory, involves matching price ranges with equivalent time periods. This can be applied in various forms:
Squaring the price range: Balancing the maximum and minimum price range over a specific time period.
Squaring the minimum price: Equating the duration of a move with its lowest price point.
Squaring the maximum price: Aligning the time elapsed with the highest price point.
Periodic and Rhythmic Movements
According to Gann, markets exhibit both periodic and rhythmic behaviors. Periodic movements repeat after a set number of time units, while rhythmic movements expand or contract in known proportions.
Identifying these characteristics is crucial for marking trends accurately and predicting future price action.
Key Considerations in Applying Gann’s Method
Inharmonious Market Behavior: Gann acknowledged that markets often deviate from ideal structures but emphasized that they ultimately revert to harmony. Recognizing these deviations and their eventual corrections is central to mastering his method.
Critical Points of Strength: Gann’s theory highlights the importance of key levels, such as 50% retracements, as points where price and time converge.
Templates and Extreme Values: Gann’s approach involves overlaying templates based on extreme highs and lows for specific time units (e.g., daily, weekly, monthly) to track market behavior accurately.
The Law of Vibration
Central to Gann’s teachings is the “Law of Vibration,” which posits that all market movements follow universal laws of motion and rhythm.
By studying the past and present, traders can predict future price action with remarkable precision. This principle underpins the repetitive nature of market trends and cycles, reinforcing Gann’s assertion that history repeats itself.
Gann’s Legacy
Gann’s work, often regarded as esoteric, challenges traders to elevate their understanding of market dynamics. His insights into the interplay of time and price continue to inspire new generations of traders to uncover the “Creator’s plan” in financial markets.
While applying his methods requires patience and meticulous study, the rewards are profound for those who master the art of balance and harmony in trading.
Conclusion
By embracing the principles of time balance, the initial impulse, numerical series, and the Law of Vibration, traders can uncover patterns and cycles that enhance their market predictions.
Although Gann’s techniques require dedication and a willingness to delve into intricate concepts, they offer profound insights for those who persevere. His legacy endures as a testament to the potential of blending analytical precision with universal principles, making his methods a timeless guide for mastering market rhythms.
Join the Discussion:
Do you agree with Gann that TIME is the most critical factor in trading? Share your thoughts and experiences below!
The Nifty spot intraday trend forecast for December 09, 2024According to my analysis, On December 09, 2024, the Nifty spot may begin with a Gap up opening and the intraday trend looks bullish till 1.30pm then may likely to take a sideways momentum. The Nifty may close on a bullish note. Technical confirmation is a must and trade with strict Stop-Loss.
The information provided here is only for the educational purposes.
EURUSD Next possible moveSAXO:EURUSD
Title
"EUR/USD Intraday Analysis: Sell Entry in Focus | Dollar Strength Persists"
Market Context
"EUR/USD resumes its downward trajectory as dollar strength dominates the market. The pair struggles to find footing amid concerns over Eurozone growth and renewed hawkish sentiment surrounding the Federal Reserve."
Technical Analysis
*"Monday’s sell entry is supported by key bearish indicators:
Trend Structure: Lower highs and lower lows continue to dominate, confirming the downtrend.
EMA Dynamics: Price remains below the 20 and 50 EMAs, reflecting persistent bearish momentum.
RSI: Trending below 40, indicating strong selling pressure.
MACD: Bearish crossover on the H1 chart with widening negative histogram bars, signaling further downside potential.
Key Levels:
Resistance: 1.0530 (intraday), 1.0555 (key level). A breakout above 1.0555 could negate the bearish outlook.
Support: 1.0500 (psychological level), 1.0475 (next target)."*
News Context
"Upcoming: U.S. ISM Services PMI and speeches from Fed officials could provide additional volatility.
Previous: Last week’s strong U.S. jobs data reinforced dollar demand, keeping EUR/USD under pressure."
Call to Action
"Is EUR/USD set for further declines, or could buyers step in at support levels? Share your analysis and trade ideas below!"
Monthly CLS range. AMD playing out. Short in distribution phaseMonthly CLS range. AMD playing out. Short in the distribution phase
you are welcome to comment with your thoughts and share your charts or questions below, I like any constructive discussion.
What is CLS?
This company is trading for the biggest investment banks and central banks. They trade over 6.5 trillion daily volume. They are smart money of the all markets.
CLS operates in the specific times which will give you huge advantage and precisions to you entries. Focus on that. Its accuracy is amazing.
Good luck and I hope this educational post helps to become a better trader
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
Dave FX Hunter ⚔
FLOKIUSDT.1DThe daily chart of FLOKI/USDT demonstrates a developing bullish pattern, with the price navigating through a significant resistance zone. This analysis aims to assess the price dynamics, highlight key resistance and support levels, and interpret the potential movement indicated by technical indicators.
Price Action and Structure:
FLOKI/USDT has recently exhibited a bullish trend, breaking above a key resistance-turned-support level at $0.00019908 (S1). The current price near $0.00026837 suggests that the asset is testing resistance within an upward trajectory marked by a long-term ascending resistance line.
Resistance and Support Levels:
Resistance Levels: Immediate resistance is observed at $0.00031642 (R1). Overcoming this level could pave the way for the price to test further highs at $0.00034900 (R2), aligning with historical peaks and the resistance line.
Support Levels: The first major support level is at $0.00019908 (S1). This level previously acted as resistance and could now provide significant support in case of retracement. Additional support exists at lower levels, but the immediate focus is on maintaining above S1.
Moving Averages:
The price moving above the previous resistance at $0.00019908 and maintaining this level suggests bullish momentum, confirmed by the alignment above dynamic support lines.
Technical Indicators:
MACD: The Moving Average Convergence Divergence (MACD) is currently in positive territory, with the MACD line above the signal line, indicating continued upward momentum. The histogram also supports this with a positive reading, suggesting bullish market sentiment.
RSI: The Relative Strength Index (RSI) is at a moderate level, providing room for further upward movement without immediate concerns of being overbought.
Conclusion:
FLOKI/USDT is positioned in a bullish setup, with the potential to challenge and possibly break above the immediate resistance at $0.00031642 (R1). Successful navigation above this level could lead to testing higher resistance at $0.00034900 (R2). Given the current MACD and RSI readings, the asset shows potential for continued bullish behavior. However, maintaining support at $0.00019908 (S1) is crucial for sustaining the upward trend. Traders should watch these levels closely, preparing for possible volatility as the price approaches these critical junctures.
Now DOGE gets a Lift-Off!!As shown in the previous chart, Doge, both went shorts and longs, and now the time has come for doge to fly off. Doge is on a tight channel on 12hr chart and needs little flush down to buy,Buys at cmp with slowly increasing postiion till 0.37 and aiaming for 0.6 in near terms!