Bullish Continuation for SPX500After Trading in a small consolidation SPX looks to pick back up on its Bullish movement.
- Price has broken and now retesting bearish trendline.
-Price swept the lows of the liquidity and is now retesting the previous resistance of the zone.
The Retest is taking place at the H1 lvl resistance 5,903
- Rejection wick with an inside bar pattern
- There's a weak bullish divergence with the previous low.
-Wait for your entry signal
Longsetup
AGLDUSDT Long Setup - Spot BINANCE:AGLDUSDT
📈Which side you pick?
Bull or Bear
Low-risk status: 3x-4x Leverage
Mid-risk status: 5x-8x Leverage
(For beginners, I suggest low risk status)
👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate.
➡️Entry Area: 1 step now
Yellow zone: 2nd step = 2.61-2.32
⚡️TP:
3.13
3.55
4.13
🔴SL:
1.99
🧐The Alternate scenario:
If the price stabilizes against the direction of the position, below or above the trigger zone, the setup will be canceled.
UMA ANALYSIS📊 #UMA Analysis : Update
✅As we said earlier, #UMA performed same. Around 80% move done in #UMA. There was a formation of Descending Channel Pattern on weekly chart with a breakout🧐
Current we can see a little retest and then we could target for next resistance
👀Current Price: $2.890
🚀 Target Price: $3.800
⚡️What to do ?
👀Keep an eye on #UMA price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#UMA #Cryptocurrency #TechnicalAnalysis #DYOR
RACE (Ferrari) – Quality has its PriceMIL:RACE has a technically interesting setup that also fits well with the weekly setup that I presented a few weeks ago.
The current consolidation has once again reached the lower zone and should find support from here one more time. Recently, a significant bounce was achieved from here several times. In addition, Ferrari is moving at the daily SMA 200 line and has bounced upwards from this (as well as from the horizontal support). In the 4h chart we see a nice RSI divergence as well as a breakout from a falling wedge. Both bullish signals.
Fundamentally, Ferrari is not cheap, but quality has its price. The backlog extends years into the future, the pre-order lists are full to bursting, the line-up presented is technically flawless and in demand and the cash flow is immense. In addition, the company is still family-owned (which secures the share price) and the current F1 season with Hamilton and Leclerc as the team should also be interesting.
We are initially targeting the area around EUR 438 and then the previous ATH at EUR 457. This results in an ROI of 10%. Should the daily closing price fall below EUR 400, the trade would be disqualified and closed.
Target zones
438 EUR
457 EUR
Support Zones
400 EUR
AVGO Formed a PENNANT Pattern After Strong EarningsAVGO looks like to have been forming a pennant pattern over the last 2 weeks, following the strong earnings report and price blowout. This is a text book example of the pattern, covering the visual figure and volume drying up, potential new breakout and new ATH coming?
TSM: Growth and Charts Align for 15%+ Target?Hey Realistic Traders, Will NYSE:TSM Create a New All-Time High? Let’s Dive In....
TSMC is the world’s largest contract chipmaker. Recent Earning Call reported whooping third quarter revenue of $759.69 billion, marking a YoY increase of 36.5%. The performance is beating the market forecast. Double Digit Revenue Growth is driven by demand for AI Chips especially with major client like NVIDIA & Apple and 3-nanometer &5 nanometer technology in Smartphones. TSMC Chief Financial Officer Huang Renzhao shared optimistic project for the company. TSMC expect Q4 quarterly revenue growth of approximately 13%, sligtly above the market the market expectation.
Strong AI-Related demand predicted to persist for year, inlined with the company’s perfomance and expectation. The positive sentiment support our bullish call on NVIDIA.
Technical Analysis
On the daily timeframe, TSM has remained above the EMA200 line for over a year, maintaining its bullish trend. On August 5, 2024, TSM rebounded impulsively from the EMA200 line after completing an ABC correction pattern, signaling the start of a new bullish wave.
The second and fourth corrective waves have retraced to the Fibonacci 0.382 and 0.618 golden ratios, respectively, aligning with Elliott Wave rules that typically indicate further upward movement.
In addition to the Elliott Wave analysis, a breakout from a Descending Broadening Wedge pattern has been identified. Such breakouts often signal the continuation of the prevailing market trend.
Therefore based on these technical analysis, I foresee a potential upward movement toward the first target at $217.85 or second target at 234.46
This outlook remains valid as long as the price holds above the stop-loss level at 177.95
Support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below.
Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Taiwan Semiconductor."
Bears - selling pressure adjusted at the beginning of the week⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) face difficulty maintaining their modest gains from the Asian session on Monday, trading near $2,635 and marking a second consecutive day of decline. The US Dollar remains strong, hovering near a two-year high reached last Thursday, driven by the Federal Reserve's hawkish stance on limiting rate cuts in 2025. Optimism surrounding US President-elect Donald Trump's proposed expansionary policies further supports the Greenback, adding pressure to the non-yielding gold market.
However, ongoing geopolitical tensions from the prolonged Russia-Ukraine conflict, Middle East instability, and concerns over Trump’s tariff plans are expected to provide some support to gold prices as a safe-haven asset. Given this backdrop, traders may wait for clearer signals before betting on a deeper pullback following Friday's slide from a near three-week high of $2,665. Attention now turns to the upcoming US Services PMI and Factory Orders data later in the North American session for potential market cues.
⭐️Personal comments NOVA:
Gold price is adjusting, waiting for support zones for price to continue sideways and recover.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2631 - $2629 SL $2626 scalping
TP1: $2635
TP2: $2640
TP3: $2645
🔥SELL GOLD zone: $2650 - $2652 SL $2657
TP1: $2640
TP2: $2630
TP3: $2620
🔥BUY GOLD zone: $2622 - $2620 SL $2615
TP1: $2630
TP2: $2640
TP3: $2650
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
BTC On Its Way To New ATH?!Nice recovery for Bitcoin!
It looks really good for an attempt to break the ATH I must say..
This is the 3D Chart.
We crossed back above and are bouncing off the light blue preliminary fib line on the DFR , this could be a leg up towards $120,000 but lets stay conservative and say $104,000 is our first target if we manage to break through $101,500.
The level to hold for bulls is $96,300. Everything in between is irrelevant and would suggest BTC going higher.
What are your thoughts? Is a new ATH near for Bitcoin?
USDJPY → Consolidating Before the Next Rally.Hello, dear friends! Ben here!
USD/JPY is consolidating after a strong bullish run, fluctuating around the 157.75 level.
The Japanese Yen continues to weaken amid wavering expectations regarding a potential rate hike by the Bank of Japan (BoJ). The Jibun Bank Japan Services PMI was revised lower to 50.9 from 51.4 in December. Meanwhile, the US Dollar remains near a two-year high, supported by the Fed's hawkish shift, further bolstering the USD/JPY pair.
Currently, the focus is on the consolidation phase, which has been forming over the past few weeks. We have clear boundaries, trends, and key levels to guide our trading decisions.
For me, the trigger lies at the 158 resistance level. A breakout and price consolidation above this level would confirm that the pair is ready to push higher. This rally is expected to reach the upper boundary of the ascending channel around 159, completing wave 5 within the channel.
Regards !
GOLD Update: Should I buy it?OANDA:XAUUSD continues to attract attention even as the US dollar strengthens, fueled by ongoing geopolitical and economic crises that drive demand for safe-haven assets. Prices are consolidating above previous resistance levels and are pushing toward establishing new local highs.
As for gold's price volatility, the upcoming week will feature several key US economic data releases, including employment reports and the Federal Reserve's meeting minutes. These updates are expected to provide investors with greater clarity on the Fed's monetary policy, especially following projections of interest rate cuts in 2025.
Regarding the gold strategy for the new week, Ben personally prioritizes buying strategies if the price remains within the wedge, targeting at least the upper boundary of the price channel. This anticipated upward move is expected to reach the level of 2690.
MORPHO/USDT Ascending Trendline Support and Long Retest Setup This 4-hour chart for MORPHO/USDT highlights a potential long setup at a critical zone. The price action shows a consistent upward trajectory, supported by an ascending trendline. The recent pullback respects a key horizontal support zone around $3.25-$3.05, aligned with previous resistance turned support.
The setup suggests entering a long position at the current retest level. The risk is managed with a stop loss below the trendline and the support zone at $2.95, ensuring protection against invalidation. The target is bigger, offering an attractive risk-reward ratio.
While the structure remains bullish, caution is advised due to market volatility and potential downside pressure if the support zone breaks. Monitoring price action near the trendline is essential.
Also always make sure to book profit on every 10% of the movement and move SL to Entry for a safe ride and keep reaping more profits without any lose
My plan BUY PONDUSDT in spot follow up trendThis is my plan BUY BINANCE:PONDUSDT
*Spot assets
I saw Uptrend confirmed signal on H1 timeframe
I saw Break up cloud signal on H1 timeframe
And I saw follow buy signals on chart.
I make a plan BUY this altcoin :
Entry zone: 0.024xx-0.02500
Stoploss : 0.0225
Target : 2R
Ethereum Bullish Outlook: Targeting $8,000 During Altcoin SeasonBINANCE:ETHUSDT
COINBASE:ETHUSD
📈Which side you pick?
Bulls or Bears
SL1 ---> Low-risk status: 1x-2x Leverage
SL2 ---> Mid-risk status: 3x-4x Leverage
(If there is just one SL on the chart, I suggest, low risk status)
After the alt-season scenario occurs, a very likely target for ETH/USDT is around $8,000. Currently, the price is stabilizing, and if it remains within this zone, a strong breakout could drive the price up to the $8,000 target.
In another scenario, if the price breaks below the red zone, a lower dynamic support line could provide protection for buyers around the $2,500 to $2,600 range.
👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate.
➡️Entry Area:
Yellow zone
⚡️TP:
4K
5.2K
6K
6.8K (Risk-free level)(if the price reached this level, risk-free your positions.)
8K
🔴SL:
2850$
🧐The Alternate scenario:
If the price stabilizes against the direction of the position, below or above the trigger zone, the setup will be canceled.
HIVE ANALYSIS (UPDATE)📊 #HIVE Analysis : Update
✅As we said earlier, #HIVE performed same. Around 96% move done in #HIVE. There was a formation of Falling Wedge Pattern on daily chart with a breakout🧐
Current we can see a little retest and then we could target for resistance 2
👀Current Price: $0.5932
🚀 Target Price: $0.7130
⚡️What to do ?
👀Keep an eye on #HIVE price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#HIVE #Cryptocurrency #TechnicalAnalysis #DYOR
Waiting for a stronger recovery 2686✍️ NOVA hello everyone, Let's comment on gold price next week from 01/06/2025 - 01/10/2025
🔥 World situation:
Gold prices (XAU/USD) declined on Friday, dropping around two-thirds of a percent to slip below $2,650 per ounce as market sentiment improved following the risk-off mood earlier in the week. The first week of the 2025 trading season has been volatile, but investors continue to seek clarity on market trends as the new year begins.
Richmond Fed President Tom Barkin, speaking to a bankers association in Maryland, noted that the Federal Reserve reduced interest rates by one percentage point in 2024, bringing the federal funds rate to 4.25%-4.5%. He highlighted that unemployment remains historically low, and inflation is gradually approaching the Fed's 2% target.
Barkin also addressed concerns about incoming President Donald Trump’s proposed tariffs, which could initiate trade conflicts with key US allies and partners. He reassured markets, suggesting that the impact of tariffs on consumer prices is complex and depends on factors like supply chains and consumer price sensitivity. Barkin downplayed fears of significant economic disruption from potential 10%-20% tariffs on all imports, emphasizing that their effects are not straightforward.
🔥 Identify:
wait for stronger recovery in early 2025 or price may continue sideway in 2 H4 price bands
🔥 Technically:
Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows:
Resistance: $2653, $2686, $2722
Support : $2609, $2585
🔥 NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
#VOXEL/USDT Symmetrical Triangle Breakout Long Setup#VOXEL is breaking out of a symmetrical triangle, signaling potential bullish momentum. The entry is around $0.1983, with a stop loss at $0.1523 and a target of $0.3643, offering a favorable risk-to-reward ratio. Watch for volume confirmation to validate the breakout. This setup has the potential for a 2X move if the momentum sustains. Keep it on your radar!
POPCAT/USDT- Potential Bullish Breakout Hello Traders, 👋
Let's take a deep dive into the POPCAT/USDT chart and discuss its current price action and potential targets.
Ascending Trendline Support:
The price is currently respecting an ascending trendline, indicating a bullish structure in the longer time frame.
Strong Horizontal Support:
At 1.0021, we can see a critical horizontal support zone that has acted as a pivot in the past. If this level holds, we might see a bullish continuation.
Consolidation Zone (Purple Box):
The price is moving within a consolidation zone, indicating an accumulation phase. A breakout above this zone could act as a catalyst for the next bullish wave.
Potential Target:
Based on the Fibonacci extensions and historical resistance levels, the first target sits around 1.9779, and the second target is at 2.8050.
Suggested Article for TradingView
Title: POPCAT/USDT - Potential Bullish Breakout 🚀
Hello Traders, 👋
Let's take a deep dive into the POPCAT/USDT chart and discuss its current price action and potential targets.
Key Observations:
Ascending Trendline Support:
The price is currently respecting an ascending trendline, indicating a bullish structure in the longer time frame.
Strong Horizontal Support:
At 1.0021, we can see a critical horizontal support zone that has acted as a pivot in the past. If this level holds, we might see a bullish continuation.
Consolidation Zone (Purple Box):
The price is moving within a consolidation zone, indicating an accumulation phase. A breakout above this zone could act as a catalyst for the next bullish wave.
Potential Target:
Based on the Fibonacci extensions and historical resistance levels, the first target sits around 1.9779, and the second target is at 2.8050.
Strategy:
Bullish Scenario:
If the price breaks above the consolidation zone with strong volume, we could see a rally toward the first target.
Bearish Scenario:
A breakdown below the ascending trendline and the key support at 1.0021 could invalidate this setup and push the price lower.
Risk Management:
Always use a stop-loss to protect your capital. For this setup, placing a stop-loss slightly below the 0.8500 level would be a cautious approach.
#Manta will go massive in this bull run!#Manta
Manta Network is revolutionizing the web3 space with its modular ecosystem. Built for speed and privacy, Manta offers faster transactions than Layer 1 and cheaper fees than Layer 2 solutions. With its zero-knowledge technology and a native token (MANTA) for rewards, it’s creating a vibrant, community-driven platform.
Our strategy for #MANTA is to accumulate during price consolidations, aiming to take advantage of growth potential in the future. With a mid-market cap and potential for volatility, MANTA represents a strong opportunity for long-term growth.
The accumulation zone for MANTA is $1–$0.80.
DYOR, NFA