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Today, determining the future direction of the marketTo date, we have passed the middle of the month, and I want to review the market situation. First of all, it is worth noting that the second half of the month opened below 3250 on the air, which gives a signal for new attempts to break 3000. That is, the predominance of altcoin sales remains until the end of the month. Due to this market situation today and tomorrow, there is a high probability of an impulse to 2900. Yesterday's growth wave is only a retest of the last resistance and an opportunity for buyers to exit. Today, statistics on the United States will play an important role. With negative data, it will be possible to hold 3250 until the end of the week, compensate for sales and reach above 3500. With strong statistics, sales are likely to be extremely aggressive and continue into the new week. Bitcoin opened the second half of the month more positively, above 95k but below 97.5, which so far gives a signal to keep the flat in the range of 92.5 - 97.5 with new attempts to exit above 100k. According to the overall picture, the altcoin dominance index is likely to fall by the end of the month, up to 9% in a negative scenario, in order to maintain bitcoin and open a new month above 100k. With the continuing negative picture on the market, most altcoins continue to move synchronously with the altcoin index and ether, waiting for further market dynamics to be determined. If 3150-3250 is held on ether and negative statistics for the United States are released today, we can expect new impulses for individual coins as part of an attempt to turn the monthly candle into a bullish one. The most oversold cream pda ast alpaca vidt bifi coins can show good impulses. Pivx slf uft wing pros have also returned to strong supports, which can also give major rebounds. Over the weekend, there is also a high probability of new impulses for coins with the monitoring tag due to the lack of delisting. First of all, the interests of vite and hard. By default, deletions from binance loans were alerted this week. The binance opportunity is trying to bring down the price in this way.
BITSTAMP:ETHUSD
by Strateg_
ETH/USDT CHART UPDATE !!This ETH/USDT daily chart shows a potential breakout setup from a falling wedge pattern, a bullish reversal structure. Ethereum is gaining momentum above key moving averages and preparing for an upward trajectory. Falling wedge: The price is consolidating within a descending wedge, indicating a potential bullish breakout. Support: Around $2,800-$3,000 (wedge lower boundary). Resistance: Near $3,600 (wedge upper boundary). Moving averages: The price is climbing above the 100-day MA, which provides additional bullish confirmation. After the breakout, Ethereum could target $4,000 and then $4,800 in the next impulsive wave. If you found this analysis helpful, hit the Like button and share your thoughts or questions in the comments below. Your feedback matters! Thanks for your support! DYOR. NFA
Long
by CryptoSanders9563
Etherium might surprise everyone. BINANCE:ETHUSD / 1D Hello Traders, welcome back to another market breakdown. BINANCE:ETHUSD is showing strong bullish momentum after the BINANCE:BTCUSD breakout above 69K. However, the price of ETH is still in a trading range. Hence, instead of jumping in at current levels, I recommend waiting for a pullback into the middle of the range zone for a more strategic entry. If the pullback holds and buying confirms, the next leg higher could target: First Resistance: Immediate levels formed during prior consolidation. Second resistance: All-time high around 5000. Stay disciplined, wait for the market to come to you, and trade with confidence! Trade safely, Trader Leo.
BINANCE:ETHUSDLong
by BTM-LEO
3
ALTS | TOP Altcoins for 2025Altcoins are forever growing and expanding, but it's important to look at coins that have a future BEYOND the first month of trading. Note that these will not be NEW alts, no microcaps, but rather alts that are worth considering in a portfolio. Let's first run through the several distinct types of altcoins, each with unique characteristics and purposes. With that, I will list some of the top altcoins to consider for 2025 in that category: Security Tokens These represent ownership in a traditional asset, such as shares in a company. They are subject to securities regulations and offer fractional ownership. Currently, the ones I'm watching are tZERO and SPiCEVC. The whole idea behind tZERO is to make trading digital securities just as easy and seamless as trading stocks on conventional markets. This makes it a game-changer for both investors and companies looking to tokenize their assets. SPiCE VC is a venture capital fund that’s making waves in the blockchain world by offering tokenized access to its portfolio. If you're not familiar with it, SPiCE VC is one of the pioneers in the security token space, and it gives investors the chance to gain exposure to a range of tokenized assets. The SPiCE token itself represents a share in the fund’s future profits, making it a really interesting option for those who want to diversify their investments without going through the traditional venture capital route. Payment Tokens Designed to function as a digital currency, these aim to facilitate peer-to-peer transactions and act as a medium of exchange. Bitcoin is the original example, and many altcoins attempt to improve upon its features such as transaction speed or scalability. 1) XRP | BITSTAMP:XRPUSD I'm no fan of XRP, but the potential collaboration with Bank of America could prove to be good for the price. 2) BNB | BINANCE:BNBUSDT Initially created to pay for fees on the Binance exchange, now used in various applications and transactions. Stablecoins These aim to minimize price volatility by pegging their value to a stable asset, most commonly a fiat currency like the US dollar. This peg can be maintained through various mechanisms, such as holding reserves of the pegged asset (fiat-backed)/ using algorithms to manage supply (algorithmic stablecoins) 1) USD Coin (USDC) | CRYPTOCAP:USDC Issued by Circle, USDC is known for its strong regulatory compliance and transparency. Circle is a regulated financial institution that holds reserves of US dollars and other highly liquid assets in segregated accounts at regulated financial institutions. 2) Tether (USDT) | CRYPTOCAP:USDT Issued by Tether Limited, USDT is the largest stablecoin by market capitalization. Utility Tokens These provide access to a specific product or service within a blockchain-based ecosystem. They are not designed as investments but rather as a means of accessing functionality within a network or platform. 1) ETH | COINBASE:ETHUSD Ethereum keeps growing, and its still the king of ALTs. 2) SOL | MEXC:SOLAUSDT Sol could be regarded as a major competitor to ETH, and at the current moment still has a bright future. 3) TON | OKX:TONUSDT Developed to offer payment services using technology created by Telegram, Toncoin could see growth in 2025. 4) ARB | BINANCE:ARBUSDT Arbitrum is a Layer-2 scaling solution for the Ethereum blockchain, designed to improve transaction speed and reduce costs and could grow in 2025 and beyond. 5) AVAX | BINANCE:AVAXUSDT Focusing on high performance and scalability, Avalanche supports the creation of custom blockchain networks and decentralized application. Meme Coins These cryptocurrencies often originate as jokes or based on internet memes and trends. They typically lack underlying utility or technological innovation and their value is driven primarily by community hype and social media sentiment. 1) DOGE | BINANCE:DOGEUSDT Dogecoin is a classic, and still shows much room for growth both in upside potential (price) as well as adoption. 2) PEPE | BINANCE:PEPEUSDT Pepe has grown to an impressive market cap, and seems to be one of the meme's that are here to stay. (At least for a while). 3) WIF | CRYPTO:WIFUSD Dogwifhat is a little scary, fairly recently released and still has to retest opening levels. However, there is a large hype surrounding it and the general market seems to be optimistic about its future. _______________________ Note that these are just SOME of the great options. I'll do a dedicated post on promising microcaps soon.
BITSTAMP:XRPUSDLong
by CryptoCheck-
ETHEREUM The Parabolic Rally to $10k has started!Ethereum (ETHUSD) is having a strong recovery rebound this week after marginally breaking below the 1W MA50 (blue trend-line) earlier. This indicates enormous buying pressure on the Bull Cycles first core Support level (the second being the 1M MA50 (red trend-line) which supported twice last Aug/Sep). In comparative terms, relative to ETH's previous Bull Cycle, we are around the October 2020 levels, which was the last consolidation before the Cycle's main Parabolic Rally started. This is also evident on the 1W RSI fractals among the two. The rally exceeded by a small margin the 1.5 Fibonacci extension and formed the Cycle Top. As a result, we expect ETH to hit at least the $10k level before this Cycle tops towards the end of the year. Technically, we should see the 1W MA50 support until the end. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:ETHUSDLong
by TradingShot
2
ETHEREUM BULLS. Believe in a wonderful 2025.Ethereum experienced a notable increase of 46% in 2024, yet this rise is overshadowed by Bitcoin (BTC), which surged over 120% during the same timeframe. Additionally, several alternative Layer-1 blockchains, including Solana (SOL) and SUI, have significantly outperformed ETH throughout the year. Nevertheless, a shift in momentum may be on the horizon for Ethereum. The first quarter of 2025 could usher in a bullish trend for this leading smart contract platform. I've pointed out that ETH is currently forming a bullish Hunt Volatility Funnel on the daily chart, with a target of $6,757 anticipated by April 2025. A continuation inverse head-and-shoulders pattern has been taking shape over the last 10 months, serving as a well-known bullish signal that hints at a forthcoming price increase. Historically, Ethereum has seen remarkable growth in the first quarter following a US presidential election. If this trend continues, Q1 2025 might turn out to be incredibly positive for ETH. The Trump administration is expected to provide clearer regulations and guidance for the U.S. crypto industry. One possible result is that spot-based ETH ETPs may be permitted to stake a portion of the ETH they manage for their investors. The demand for staking is anticipated to grow next year, potentially surpassing half of the total Ethereum supply by the end of 2025. This trend may lead Ethereum developers to seriously evaluate adjustments to the network's monetary policy. The ETH/BTC trading pair is expected to finish 2025 above 0.06, supported by favorable regulatory developments. An increase from its current low of around 0.03 could trigger the long-anticipated #altseason.
INDEX:ETHUSD
by BallaJi
2
ETH - One More!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈ETH has been overall bearish trading within the falling wedge marked in blue. Currently, it is approaching the lower bound of the wedge. Moreover, $3000 is a strong support and round number. 🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of support and lower trendlines acting as non-horizontal support. 📚 As per my trading style: As #ETH approaches the blue circle, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
7
eth long midterm"🌟 Welcome to Golden Candle! 🌟 We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎 Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫 Instead, they reflect our own 💭 personal attitudes and thoughts. 💭 Follow along and 📚 learn 📚 from our analyses! 📊💡"
Long
by Golden_candle
Complete analysis of Bitcoinhello friends We came with Bitcoin analysis. After a strong rising wave, we entered the channel phase and entered the correction phase with a falling pattern at the ceiling. Now we have identified for you the first identified support that we expect to reach there. If the support range is maintained, we will go for a new ceiling, but if the range is validly broken, we should expect a deeper correction than the 85 range. *Trade safely with us*
by TheHunters_Company
Breaking: $DELAY Set for 100% Surge After Days of Consolidation$DELAY, the first memecoin-focused Layer 2 blockchain built on Ethereum, is making waves with a potential 100% price surge. After a week-long correction, the token’s chart patterns and technical indicators point to a bullish breakout, making it a key player in the crypto market. Technical Outlook Since its launch on November 14, 2024, $DELAY has experienced an incredible 30,000% increase, showcasing its immense potential. However, after hitting its peak, the token underwent a correction phase. Now, technical indicators suggest a strong bullish setup: - Symmetrical Triangle Pattern: On the 2-hour chart, $DELAY exhibits a bullish symmetrical triangle pattern, indicating a potential upward breakout. - Relative Strength Index (RSI): Currently at 47, the RSI provides ample room for upward momentum, reinforcing the bullish thesis. - Key Support and Resistance Levels: Immediate support lies at $0.000000380, with resistance at the 38.2% Fibonacci retracement level, marking critical zones for traders to watch. - Trading Volume: The daily trading volume of $DELAY stands at $83,609.69, a 4.10% increase over the past 24 hours, signaling renewed market interest. Why $DELAY Stands Out $DELAY isn’t just another token; it’s an innovative Layer 2 solution tailored for the memecoin market. Built on Ethereum, it combines speed, security, and accessibility to revolutionize trading. Here’s what makes $DELAY unique: - Fast and Cost-Effective: With transaction fees below $0.001 and up to 50,000 transactions per second (TPS), $DELAY ensures seamless trading experiences. - AI-Driven Security: Advanced AI algorithms detect bots and snipers, offering users informed investment decisions while mitigating scam risks. - Fiat On-Ramp: Users can purchase memecoins directly with credit cards, bridging the gap between traditional finance and blockchain. - Telegram Mini-App Integration: With over 1 billion users on Telegram, $DELAY’s mini-app aims to onboard a massive audience to its platform. Market Performance -All-Time High: $0.000002382 (recorded on November 28, 2024), currently 73.56% lower. - All-Time Low: $0.0000004278 (recorded on November 15, 2024), currently 47.19% higher. - Market Capitalization: $3,020,725, ranking #2877 on CoinGecko with 4.8 trillion tokens in circulation. Why $DELAY is Poised for Growth The consolidation phase and the current technical setup create an ideal environment for a bullish breakout. As the first memecoin-focused Layer 2 blockchain, $DELAY is positioned to capitalize on the growing demand for innovative, secure, and user-friendly crypto solutions. Its AI-driven approach, low transaction costs, and unique integrations make it a standout in the Ethereum ecosystem. Conclusion $DELAY’s blend of strong technical signals and groundbreaking fundamentals positions it as a top contender for traders and investors. With the potential for a 100% surge, $DELAY is not just a token but a glimpse into the future of memecoin trading. As always, conduct thorough research and monitor market trends to make informed decisions. Stay updated on $DELAY’s progress and explore its platform to be part of this revolutionary journey.
UNISWAP:DELAYWETH_9E19A5.USDLong
by DEXWireNews
ETH ANALYSIS (4H)ETH is currently in a pullback within its internal structure and remains bearish in its substructure. The liquidity above the chart has been swept, and a significant order block has been cleared. After this cleanup, the price is now attempting to move toward lower zones, feeding on strong order blocks. If the liquidity pool aligns in the opposite direction, it may sweep that as well. It is expected that Ethereum might bounce back upwards from the Support 1 level or after a liquidity hunt around that area. Targets are marked on the chart. If it consolidates above the red zone, Ethereum could turn bullish. Let's analyze it step by step. Closing a daily candle below the invalidation level will invalidate this analysis. invalidation level:2978 For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
4
ETH/USDT - Chart Analysis. Descending Triangle Formation: ETH is consolidating within the descending triangle pattern. The downward-sloping trendline represents resistance, while the flat support at the base provides a crucial level to watch. Current Price: Trading at $3,368.63, ETH is near the lower boundary of the triangle. $3,400 – $3,450: Immediate resistance area. A breakout above the descending trendline would indicate bullish momentum. $3,800 – $4,000: A breakout confirmation target range. $3,200 – $3,250: Crucial support area. A breakdown below this level could invalidate bullish scenarios and lead to further declines. 21 EMA (black): $3,387 – Providing short-term resistance. 50 EMA (red): $3,562 – Acting as dynamic resistance, a breakout above this would signal renewed bullish momentum. ETH moving above $3,450 (descending trendline) could lead to a rally towards $4,000 – $4,400 with significant volume. The green arrow shows this potential uptrend. Let me know if you’d like further assistance or adjustments! DYOR. NFA
Long
by CryptoSanders9563
Next Volatility Period:Around January 22nd - Around January 25th Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (ETHUSDT 1D chart) It broke through the important support and resistance area of ​​3265.0-3321.30. The key is whether it can receive support at the 3438.16 point in order to turn into a short-term uptrend. It did not touch the M-Signal indicator on the 1M chart, but it touched and rose near 2895.47, so if the price fails to maintain above 3438.16 this time, it is likely to fall below the M-Signal indicator on the 1M chart. Therefore, the point of interest is which direction it deviates from the 3265.0-3438.16 section. If it shows a short-term uptrend, the 3831.12-3996.22 section is likely to act as resistance. This is because the 3831.12-3996.22 section corresponds to the high point boundary section. - Thank you for reading to the end. I hope you have a successful trade. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire section of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been maintaining an uptrend following a pattern since 2015. In other words, it is a pattern that maintains a 3-year uptrend and faces a 1-year downtrend. Accordingly, the uptrend is expected to continue until 2025. - (LOG chart) Looking at the LOG chart, you can see that the upward trend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, we expect that we will not see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. In other words, it is the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, it is expected that this Fibonacci ratio will be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. How to view and respond to this is up to you. When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance. This is because the user must directly select the important selection points required to create Fibonacci. Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies. 1st : 44234.54 2nd : 61383.23 3rd : 89126.41 101875.70-106275.10 (Overshooting) 4th : 134018.28 151166.97-157451.83 (Overshooting) 5th : 178910.15 -----------------
by readCrypto
ETHUSDT: Balancing at the Edge of Momentum - A Key Moment?Ethereum is holding the line at $3223.29, a remarkable 21.6% dip from its historic high of $4111.26 just a month ago​. While the RSI hovers at a balanced 54.14, hinting at neither extreme overbought nor oversold conditions, the market stands at a crossroads. The 50-day Moving Average ($3162.63) supports the current price, but the 200-day Moving Average looms above at $3281.81, underscoring potential upward resistance​. A recent sequence of VSA manipulation patterns has pointed toward intense selling pressure, adding complexity to Ethereum’s near-term trajectory​​. Yet, amidst this technical tug-of-war, the fundamental backdrop remains pivotal—global economic concerns and investor sentiment around interest rate hikes could be the catalysts for Ethereum’s next major move. Will ETH surge to reclaim the $3339.24 resistance level, or could this be the start of a deeper retracement? Traders, are you ready for the challenge? The clock ticks on Ethereum’s decisive moment. Let’s dive deeper and navigate this potential breakout—or breakdown—together! Roadmap of Ethereum Patterns: Turning Points in Price History Let’s break down the sequence of Ethereum patterns, highlighting only those that successfully hit their triggers and followed their forecasted main directions. This roadmap dives into the real action, showing traders and investors how these patterns shaped Ethereum’s recent market moves. 1. January 13, 12:00 UTC: VSA Buy Pattern Extra 1st - The Spark Ignites This pattern marked the start of a strong upward move. The price opened at $3055.18 and closed slightly lower at $3045.18 but held within the bullish trigger zone. The main direction was clear: Buy. Following this, the price made a confirmed move above the trigger point and climbed further over the next three bars. The bulls were in control, as forecasted. 2. January 13, 14:00 UTC: Sell Volumes Max - Bearish Pressure Builds The sell volumes surged, signaling potential downward pressure. Price action confirmed this bearish sentiment as Ethereum fell from $3058.53 to $3033.22. The main direction, Sell, played out perfectly, setting the stage for the next critical level. Bears were roaring, and the market listened. 3. January 13, 18:00 UTC: VSA Buy Pattern Extra 2nd - A Bullish Comeback Ethereum rebounded with this pattern, opening at $3018.99 and closing at $3006.29. Although the price dipped initially, the bullish main direction held firm, leading to a bounce. The pattern accurately predicted the upward momentum that followed as Ethereum retested higher levels over the next six bars. 4. January 14, 00:00 UTC: VSA Manipulation Sell Pattern 1st - A Pivot Moment This pattern predicted a significant sell-off, and Ethereum didn’t disappoint. Starting at $3136.39 and closing at $3133.03, the price broke below the critical low of $2985.01, confirming the bearish trigger. The next few bars saw Ethereum sliding further, validating this as a pivotal moment for sellers. 5. January 15, 00:00 UTC: VSA Sell Pattern 1 - Final Bearish Push The latest pattern in the sequence delivered another bearish confirmation. Ethereum opened at $3224.18 and closed at $3220.41, staying within the bearish direction. The move aligned perfectly with its trigger, proving its predictive accuracy as Ethereum continued lower into subsequent sessions. Takeaway for Traders and Investors This roadmap highlights how these VSA patterns played a critical role in identifying Ethereum’s turning points. Each successful pattern not only confirmed its direction but also gave traders clear levels to act on. By understanding and leveraging these patterns, you can stay ahead of the market’s twists and turns. Technical & Price Action Analysis: Key Levels to Watch Here’s the ultimate cheat sheet for Ethereum’s current technical setup. These levels are where the action happens—support zones where buyers might step in and resistance levels that could cap any rally. If these levels don’t hold, flip the script: they’ll likely act as the next hurdles on the price’s journey. Let’s get tactical. Support Levels 2985.01: This level has been tested multiple times and remains a strong foothold. A break below, and we’re looking at trouble. 3124.14: A critical mid-level to watch during pullbacks. If lost, sellers could gain full control. 3193.21: Buyers are eyeing this area for a potential bounce. Weak hands could turn this into resistance fast. Resistance Levels 3339.24: Key overhead resistance; bulls need to break and hold above this for continuation. 3440.51: The next line of defense for bears. 3656.32: A major barrier to new highs. Watch for a breakout test. Powerful Support Levels 3891.38: This is the safety net—the final level that could catch any deep dive. Losing this, and we’re swimming in uncharted waters. Powerful Resistance Levels 2397.87: A fortress above the current price. Any test here could be met with serious sell pressure. 2029.05: Another heavy ceiling. Bulls must stay strong to clear this. 1833.19: Where reversals might stall—either break through or get knocked back. 1628.42: Sellers have fortified this zone. 1539.07: The ultimate boss level—expect big reactions if tested. Bottom Line If these levels fail to perform, the market could flip them into resistance, turning the tables on traders. Stay sharp, watch the reactions, and let price action do the talking! Concept of Rays: Strategies for Trading Fibonacci Rays The "Rays from the Beginning of Movement" concept is a proprietary analysis method based on dynamic levels constructed from Fibonacci principles. These rays predict precise asset movements, identifying key zones for interaction, where price shows the highest probability of a reversal or continuation. Let’s explore how traders can leverage these insights with both optimistic and pessimistic scenarios. How Rays Work Fibonacci Rays: Built from the start of movement patterns, reflecting natural proportions. Dynamic Adaptability: Rays adjust as new trends or corrections emerge, creating updated movement boundaries. Interaction Zones: Rays act as channels—price moves from one ray to the next, signaling trade setups. Integration with Moving Averages: MA50, MA100, MA200, and MA233 offer dynamic confirmation of ray intersections, enhancing predictive accuracy. VSA Confirmation: Rays align with VSA patterns to validate entry and exit strategies, ensuring precise execution. Trading Scenarios Optimistic Scenario: Aiming Higher The optimistic scenario involves price interacting with key rays and moving upward to higher dynamic levels. Entry: Near $3193.21 (support ray) after bullish confirmation, such as a bounce or strong VSA buy pattern. Target 1: $3339.24 (next Fibonacci ray and MA233 intersection). Target 2: $3440.51 (continuation with dynamic momentum). Target 3: $3656.32 (final major resistance in this range). Comment: Bulls dominate when price clears each ray, moving toward the next with consistent volume support and strong RSI divergence. Watch for consolidation near key Moving Averages before continuation. Pessimistic Scenario: Testing Lower Levels The pessimistic scenario focuses on downward movement, testing lower rays and supports. Entry: Near $3339.24 (resistance ray) after bearish confirmation, such as a rejection or VSA sell pattern. Target 1: $3193.21 (next Fibonacci ray and MA50 support). Target 2: $3124.14 (continuation to the lower dynamic boundary). Target 3: $2985.01 (final key support before a significant breakdown). Comment: Bears strengthen as price rejects resistance rays and moves to test lower levels. A break of MA50 signals further downside potential. Monitor volume spikes for a reversal signal. Potential Trade Opportunities Long at $3193.21 with targets at $3339.24 and $3440.51: Ideal for optimistic traders betting on a bullish breakout. Short at $3339.24 with targets at $3193.21 and $3124.14: Leverage bearish rejection for downside momentum. Scalp between rays: Use intraday movements, such as bounces at $3124.14 or rejections at $3440.51, for short-term gains. Trend-following entries: Align trades with MA direction, e.g., buy when price crosses above MA100 or sell when crossing below MA50. Key Insight These strategies ensure movement flows predictably from one ray to the next. Each interaction marks an actionable trade setup. Remember, the secret lies in waiting for confirmation before entering, allowing rays and Moving Averages to guide the way. Let’s Keep the Conversation Going! Got questions? Drop them in the comments! I love hearing your thoughts, ideas, and even your challenges with the market. Let’s make this a space to learn, grow, and trade smarter together. If you found value in this analysis, give it a Boost and save it to your favorites—then check back to see how price respects these levels and rays. Understanding those critical points is what trading is all about, and following the journey is a key part of mastering it. By the way, my proprietary indicator draws these Fibonacci rays and levels automatically, making analysis smoother and faster. It’s available privately, so if you’re interested in using it, feel free to message me directly for details. Need an analysis of a specific asset? I’m open to requests! Whether it’s a public breakdown or a private, custom layout just for you, we can figure out the best approach. Remember, these rays work across all assets—yes, all. Whatever your focus, I can map out the key levels for you. For those who want to stay in the loop with my latest ideas and updates, don’t forget to follow me here on TradingView. That’s where all the action happens, and I’d love for you to be part of it. So, hit that Boost, share your thoughts in the comments, and let’s trade smarter—together!
by brandlabelden