Next
Holding ATH backed up by an inverted adamn & eve patternMorning friends,
There was a post last night with the first bullish setup idea, and now I'll follow up with BTC printing ATH backed by an inverted adamn & even pattern.
Maybe it holds the retest of the breakout, maybe we stay within the $50k to $60k range for a while until around after halving, then printing a new ATH once again and reaching levels between $95k and $105k.
Even though if it breaks the $100k it ain't gonna stop there. Just like when it broke $10k for the first time.
Lets find out.
Trade thirsty!
Next Nears All-Time High: Key Levels to WatchThe cryptocurrency Next is on the verge of breaking its all-time high (ATH) of $0.41390 on the weekly chart. If the price breaks above this resistance level, it could signal further gains for the token. However, if the price fails to break through this level, it could find support at $0.34618, the next key level is $0.31143.
Technical Analysis:
Resistance: $0.41390
Support: $0.34618
Relative Strength Index (RSI): 65
Moving Average Convergence Divergence (MACD): Bullish
Volume Analysis:
The volume of Next has been increasing steadily over the past few weeks, which is a bullish sign. This suggests that there is strong buying pressure behind the token.
Price Consolidation:
The price is currently in a small consolidation range. However, since the overall trend is bullish, there is a good chance that the price will break out of this range and continue its upward movement. The next support level is at $0.31143.
RSI Divergence:
There is a bullish divergence between the price and the RSI indicator. The price has made a new high, but the RSI has not. This suggests that the upward momentum is still strong and that the price is likely to continue to rise.
Conclusion:
The technical indicators for Next are bullish, suggesting that the price could continue to rise in the near future.
The information provided in this article is not intended as financial advice. Please do your own research before making any investment decisions.
NEXT 400 %+ NEXT possible move up 400 %+
Show firs signal for growth, if we close weekly on this levels, next week i expect huge pump
S&P 500 ideas for next week.S&P possible scnario: S&P will bounce somewhere around here downside. making hidden bearish divergence and stops around 3 900 support area that there will be potential reversal zone. I am monitoring other markets on weekend and seems correction is needed. When it will bounce from 3900 will make inverted head and shoulders.
BANKNIFTY NEXT WEEKL 1st AUGUST, ELLIOT WAVE & TREND ANALYSIS Price almost traded in between 37200....38000 for 4 days as we expected last week. if price immediately breaks 3800 level on monday price can move above 388000 level in next 5 days trading sessions. But friday we saw price rejection from upper levels , so i am expecting a small correction of price till 0.38 of fib level.
If we analyse according to Elliot wave theory , currently price is in third wave , if price breaks 37100 support , we can expect little correction till 36200 in next trading sessions.
NIFTY 1st AUGUST WEEKLY ANALYSIS NIFTY has broken channel and is trading in major supply & demand area . Trend can be unpredictable until price breaks resistance area of 17400 . Earlier price took 2 weeks to break the zone , retracement is also possible from this zone. So be cautious and trade with less quantity .
CAN NIFTY MAKE POSITIVE MOVE NEXT WEEK if NIFTY breaks immediate resistance at 16900 level then it will trade in previous buyers and sellers area which lasted 2 week previous time, and it will also be trading near regression channel resistance area for third time, from 16900 to 17500 price will be voilatile it is better we trade nifty half the quantity lots what we used to trade reguarly .
Path to next halving bull cycle launch April 2024My own plan to follow for the rest of this bear cycle & the coming bull run 2024
Planning to DCA in to alts when BTC hits around 12K price.
I think we are going to that price due to global market conditions & we are still early in a bear cycle to pamp from this current price of 19,800.
Of course consider the ever changing landscape as markets dictate's cryptos direction.
However we all know from the past the real catalyst for the bull run is the BTC halving & that's currently predicted early April 2024
If the crypto cycle plays out as per the past we should be in a major green ATHs around end of 2024 & early 2025.
Plz if anyone reads this its my view of all things considered & you need to DYOR as investing in crypto can be great or terrible.
Good luck & Peace & Love to you from this Aussie Bogan
Solana bulls holding ground at $90 spells bullish breakout Solana (SOL) price action has been delivered to the mercy of bears for the moment, but those same bears could be facing a surprise to come as early as next week. Although bears are squeezing bulls against the $90-handle and investors have already stepped in multiple times these past few weeks to save SOL price action from falling, the Relative Strength Index (RSI) is flatlining to slowly grind back higher, pointing to a bullish breakout. Expect as soon as next week to see the price shoot back up first to $120, breaking the high from last week and next target $146 to the upside, holding 55% gains.
ETH Rising Wedge and Breakout ETH is currently moving up a Rising Wedge pattern on the charts It has tested the daily resistance a few times without a clear breakout The Trend line indicates where ETH has previously attempted to break out but has failed
My position is that ETH will either try to break the resistance again as it heads to the top of this Rising Wedge pattern OR it will fail to breakout and then we see it fall to the support level which is about 2100-2000 from there ETH could pump up to the Target price which is currently 2900.00
There is lower highs and higher lows being made which indicate a dip.
A Clear long Entry should be at breakout of the Trendline pattern or after the $2000 Dip.
Thanks
Marlene
Disclaimer* No financial advise given.