Nasdaq-100 H1 | Bullish uptrend to extend further?Nasdaq-100 (NAS100) is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 21,711.75 which is an overlap support.
Stop loss is at 21,600.00 which is a level that lies underneath a pullback support.
Take profit is at 21,961.16 which is a pullback resistance.
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Harmonic Patterns
DOGEUSD preparing a rally to $1.60Dogecoin (DOGEUSD) is trading on its 1D MA50 (blue trend-line) as despite yesterday's attempted break-out, the pull-back brought the price down around this key trend-line again.
The key for buyers is now to turn this level into a Support and hold it, as this is what took place during the September - November 2024 rally. As you can see, once the price broke above the 1D MA50 and re-tested as Support, it sustained a 2-month rally, which reached the 3.0 Fibonacci extension from its bottom point (August 05 2024).
We can clearly see how similar the two fractals are, both started with a correction (red Rectangle) and then after the bottom, a Channel Down (also evident on their 1D RSI sequences) paved the way for the rally.
As a result, if DOGE tests the 1D MA50 again and holds it this time, we will have a confirmed buy signal to target $1.600 (Fibonacci 3.0 extension).
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USNAS100/ 21,570 as the Key PivotHello Friends
about USNAS100 analysis
The price is currently trading at a critical zone, centered around 21,570, which will determine the direction of the market. If the price breaks above this level and a 1-hour candle closes above it, it could signal the beginning of an uptrend. This move could lead the price toward the next resistance level at 21,900, followed by a potential retest of the previous high at 22,120. On the other hand, if the price fails to break above 21,570 and instead starts trading below it, a bearish trend may form. This would likely push the price down to 21,370, and a further drop toward 21,170 would become probable. A break below 21,170 would confirm the bearish trend and indicate a deeper decline. Monitoring the price action at 21,570 is essential, as it is the key zone that will shape the market's next movement.
NOT bullish map#NOT in this chart I think there is no reason for bearish trend continuous because :
1) The market took its lower prices liq
2) hit a demand zone and this can make this coin fly
But we have one reason for more correction and its TON coin more correction if this happen we can see more correction in NOT too its better to wait and see what will happen
XAUUSD ( GOLD ) | 1 DAY | SWING TRADING | ICT STRATEGY Hey there, friends! 👋
I’ve prepared a gold analysis for you using the swing trading style. 📊 Currently, the daily analysis aligns with the ICT market maker sell model.
However, for these models to work, we need to see some sort of reaction in the market. Patience is key, so hang tight and wait for my analysis to be updated. ⏳
Once I spot a reaction, I'll share a golden target with you! 🎯
Don’t forget to hit the like button to stay tuned for updates! 🚀
GOLD/ Critical Resistance at 2730-2740 Holds the Key to Future Gold technical analysis
The gold price is currently trading just below a crucial resistance zone, which lies between 2730 and 2740. This zone acts as a sensitive barrier for price action, as repeated attempts to break above it have been met with strong selling pressure. For the bullish momentum to continue, a decisive breakout above this range is necessary. Such a move would likely pave the way for a rally toward the next significant level, the previous high of 2789.
However, as long as the price remains below this critical resistance zone, the bearish trend will remain dominant. If sellers regain control, the price may retrace toward the immediate support level at 2699. A further decline below this level could extend the bearish move to the next key support at 2665, which has historically acted as a strong barrier against falling prices.
Should bearish pressure intensify, the price could eventually test the broader demand zone, situated between 2604 and 2585. This zone has previously shown significant buying activity, and any movement into this region would likely attract new buyers, potentially halting further declines.
At present, the market shows signs of indecision as the price attempts to breach the 2730-2740 resistance zone. Traders are watching closely for a clear breakout or rejection from this level. A breakout would shift the market sentiment to bullish, while a failure to break above would reinforce the bearish bias, keeping the focus on lower support levels.
EURUSD Trade Plan 22/01/2025Dear Traders,
price broken Descending Channel,and i expect price will be bounce off from 1.0400 Level
my Final Target is 1.0600
If you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content."
Regards,
Alireza!
SONIC - New altcoin, is 10x possible?SONIC is a new altcoin that has been listed on all major exchanges. I received many requests from you to do an analysis on it and if it's worth it to buy. First, let's take a look at fundamentals, then technicals.
The market cap is 202 million dollars ($202.91M) and is ranked #362. There is room to grow, as the market cap is not that high. As the coin is listed on major exchanges, it has relatively good liquidity, and you can trade it on the futures market. You can go long/short, and the volatility is extremely high. Pretty much every retail trader is addicted to volatility because if the coin is not moving, there are no opportunities. Always choose coins that move; you don't want to be stuck in the boring range.
Sonic is the first SVM network extension to launch on Solana, for games and applications. They are partners with Backpack, OKX Wallet, Metaplex, Pyth, Solayer, and more. The Solana network is getting popular, also with the latest TRUMP coin pump. They have 566k followers on Twitter and the number is rising pretty quickly.
Now, can this coin 10x? Yes, but this will definitely take some time. If you want to trade this coin, which I highly recommend due to its high volatility, you can take the following trade.
On the chart, you can see a descending channel, and I see an opportunity to go long on the next touch of it. Take profit is at the top of the channel or liquidity zone above the previous range, which you can see on the chart. Now, I am very curious - What do you think about this coin? Buy or sell? Let me know in the comment section. Thank you and have success!
Gold prices continue to increase from the level 2675OANDA:XAUUSD continuing the uptrend in local and medium-term timeframes. The price is once again testing strong resistance levels on the H4 chart, with prospects for a breakout toward the 2700–2750 range.
The US Dollar remains near weekly lows, touched after weaker-than-expected US PPI data on Tuesday, providing key support for the market, including gold. Attention now shifts to the upcoming CPI report, a critical release that could reshape market expectations for Fed rate cuts this year. A stronger-than-expected CPI could increase pressure on gold, while a weaker report would bolster buying momentum. Additionally, the Fed’s hawkish stance is supported by the premise that Trump, beginning his second term next week, may drive inflation higher with protectionist policies.
From a technical perspective, significant volume lies ahead, which could trigger a minor pullback toward support before the uptrend resumes.
Key short-term levels to watch:
Support: 2678, 2670
Resistance: 2690, 2697
However, in both the short and medium term, everything hinges on the upcoming scheduled news. Stay focused on these critical levels, traders!
Best regards, Bentradegold!
GBP/USD--> Bulls pause, uptrend still intactFX:GBPUSD entered a temporary corrective phase after a two-day rally, pulling back to the 1.2300 region during the early European session on Wednesday. This move comes as the U.S. Dollar regains strength amid heightened demand for safe-haven assets, driven by growing trade war concerns under the Trump administration.
On the 4H chart, despite the current dip, the broader structure remains bullish. The pair continues to trade above the EMA 34 and EMA 89, which are acting as dynamic support levels. Additionally, the formation of higher lows underscores the strength of the upward trend.
Key Levels to Watch:
0.618 Fib retracement at 1.2288: A potential area for bulls to regroup.
0.5 Fib retracement at 1.22363: The next major support zone if the correction deepens.
A sustained hold above these levels could fuel renewed buying momentum, potentially setting the stage for a continuation of the broader uptrend.
Gold Trade Plan 22/01/2025Dear Traders,
i See Triangle Pattern in BTC chart,
i expect price will be bounce off from 101-102 K to Complete Triangle Pattern,
First Target : 113 K
Second Target : 115 K
third Target 120 K
If you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content."
Regards,
Alireza!
Dogecoin (DOGE): Smaller Dip Before 50% Movement? Dogecoin has had some good social news recently and exposure where people are more and more keeping their attentions at this coin.
With recent news that resulted in a smaller bullish movement, we see that price is cooling down a little, which might lead price back to that sideways tunnel, which is our first target (once we see a proper breakdown from the current zone).
After that, we are going to look for upward movement, which might give us a potential +50% on the price movement from there so let's wait. As for everything to work out as we have planned, we have to see a breakdown from the current zone, which would lead price back inside the sideways tunnel!
Swallow Team
Dollar Index (DXY) Analysis - January 21, 2025Dollar Index (DXY) Analysis - January 21, 2025
The Dollar Index (DXY) is currently trading at 108.70, up 0.90% from the previous close.
The index is hovering below the key pivot point at 109.40, a crucial level that could dictate the next directional move.
Immediate resistance stands at 110.20. On the downside, support is seen at 107.90, with further cushion at 106.80 and 106.00.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Natural Gas at Critical Support - Breakout or Breakdown? Natural Gas Futures (4 HR Timeframe)
Analysis Overview:
Natural Gas is currently trading within a well-defined ascending channel, showing consistent higher highs and higher lows. However, the price is now testing the lower channel support around 323.8, which could determine the next directional move.
Ascending Channel:
The price has respected the channel boundaries, with the upper trendline acting as resistance and the lower trendline as support.
Currently, the price is hovering near the lower support zone, indicating a possible breakout or
A confirmed breakdown below 323 could lead to further downside momentum, targeting the 305 level, which aligns with a significant supply zone.
This would represent a potential 7.64% decline from current levels.
Supply Zone: Resistance expected around 330-335. Watch for rejection patterns in this zone.
Demand Zone: Support exists near 305-310, providing a potential buying opportunity if the price drops to this level.
Volume & Moving Average:
The price is below the 50-period moving average, indicating bearish momentum. Watch for price interaction with this dynamic resistance.
Key Levels:
Resistance: 330 (upper channel).
Support: 323 (channel support), 305 (key demand zone).
Trading Strategy:
Bearish Setup:
Entry: Below 323 after a confirmed breakdown.
Targets: 318 - 313 - 308
Stop Loss: Above 330
Conclusion:
Natural Gas is at a critical inflection point. Monitor price action closely for a breakout or breakdown. Use proper risk management and wait for confirmation before entering trades.
Let me know your thoughts in the comments! 🚀
#NaturalGas #TechnicalAnalysis #TradingView #MCX #PriceAction