Heading into overlap resistance?UK100 is rising towards the pivot which acts as an overlap resistance and could reverse to the pullback support.
Pivot: 8,231.90
1st Support: 8,148.65
1st Resistance: 8,319.25
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Community ideas
XLM.usd eyes on $0.495: Genesis fib guarding 50c round numberXLM keeps blasting through our targets with ease.
But we are nearing a fib and psych val round number.
Let's see if this fib can offer a dip back to the Golden.
When ALT Coin season ? $BTC.D WEN MOON? Here's how to tellStep 1. Observation of rejection from key BTC.D levels 60.5% (Done)
Step 2. Wait for purple Down trendline (DTL) to pop
Step 3. Look for alts that have broken down from DTL (Weekly), LSE:ARB CRYPTOCAP:DOT NYSE:VET
You can find those set ups in my posts and profile
#FIL USDT I expect to see a rising wave from these areas
Do not risk a large amount
The cryptocurrency market is high risk and you may lose your money, be careful
Good Luck
Is Bitcoin Dominance Nearing A Cycle Top?Do you see those huge red lines? Those are the “tops” for Bitcoin Dominance in the 4 year cycles, which came right before a MAJOR alt season.
The first red line is December, 2016. The second red line is December, 2020.
I’m not great at math, but in a few weeks it will be December 2024… I believe that is 4 years after the last dominance top… again.
Maybe alts have a bit more pain to come before dominance finally tops, Ethereum included. We will see.
Patience.
Ethereum Bottom?Altcoins continue to underperform Bitcoin writ large, and Ethereum continues to generally be beaten down.
Good.
As you can see, the demand zone below price is currently being front run, which I discussed as a likely possibility a few days ago. As Bitcoin hit $99,000, liquidity moved VERY quickly into Ethereum, which bounced hard.
RSI is oversold, with likely bullish divergence on basically every single time frame. Ethereum is EXACTLY where it should be at this point in the cycle, but general consensus it that is is “dead.” Maybe? But usually that is the best buy signal there is.
GOLD Massive Short! SELL!
My dear friends,
GOLD looks like it will make a good move, and here are the details:
The market is trading on 2701.9 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 2651.6
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
———————————
WISH YOU ALL LUCK
XAUUSD H4 It seems that gold will be able to close the week with a clear positive, so we look forward to buying from the 2630 level.
The stop is the closing of the 4-hour candle below the 2615 levels.
First target: 2700
Second target: 2716
Third target: 2762
Fourth target: 2793
What will happen with XRP?Will be watching with curiosity. It's been dormant for a long time
thenewscrypto.com
Microsoft - Short Term Top Formation!Microsoft ( NASDAQ:MSFT ) could create a short term correction:
Click chart above to see the detailed analysis👆🏻
Almost for the entire year of 2024, Microsoft has been moving sideways and respecting the upper channel resistance trendline. It is quite likely that we will see a correction, considering that buyers are still weak, before we then see the overall trend continuation.
Levels to watch: $350
Keep your long term vision,
Philip (BasicTrading)
SBICARD : Towards ending correctionSBI Cards (SBICARD)
Analysis
Wave Count: Completion of a 5-wave corrective structure, with Wave 5 ending near the liquidity sweep zone at ₹668.75 (golden Fibonacci retracement zone).
Key Levels:
First Target: ₹738.00
Second Target: ₹783.00
Stop Loss: ₹650.70 (on a daily close basis)
Trend Indicators:
Price is below the 100-SMMA, signaling bearish pressure.
A break above this moving average would confirm bullish momentum.
Trading Plan
Entry Zone: Around ₹675.05 (near the completion of Wave 5).
Confirmation Criteria:
A strong bullish candle with above-average volume breaking and closing above ₹685.
Stop Loss: ₹650.70 (on a daily close basis).
Targets:
First Target: ₹738.00
Second Target: ₹783.00
Risk-Reward Ratio: Favorable for entries near ₹675, with potential upside toward ₹783.
Troy Bullish Breakout Activates Bullish Trend; It Is Still EarlyThis is how these things work, they go sideways for a while and at one point they just boom, out of nowhere.
Here we have TROYUSDT ranging since early July. Strong price swings are present on the chart, up and down but always sideways. When we look at the action before July, it is clearly down. When the down pressure cedes then you get the bullish breakout.
In this specific case, we know we have a true and strong bullish breakout thanks to the volume indicator. We can see really high volume in the past two weeks.
Now that the breakout is in, we can expect additional growth. While the move is already strong, there can be much more growth long-term. This is only the beginning.
Thank you for reading.
Namaste.
USDJPY H1 I Bearish ContinuationBased on the H1 chart analysis, we can see that the price is rising toward our sell entry at 154.92, which is a pullback resistance aligning with a 50% FIbo retracement.
Our take profit will be at 153.91, an overlap support level.
The stop loss will be placed at 155.60, a pullback resistance level.
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Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
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Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Technical Analysis: $NOT/USDTTechnical Analysis: $NOT/USDT
The price is trading within a downtrend channel, showing a series of lower highs and lower lows. However, a potential breakout is forming, signaling a possible trend reversal.
T1: 0.009867$
T2: 0.011050$
T3: 0.012500$
Entry: Enter near 0.006409 USDT or upon confirmed breakout from the downtrend.
Stop Loss: Place a stop-loss below 0.006409 USDT to minimize risks.
#Meme Alpha#
#Macro Insights#
EURUSD H4 I Bullish Bounce Based on the H4 chart analysis, we can see that the price is approaching our buy entry at 1.0465, that aligns with the 127.2% Fibo extension
Our take profit will be at 1.0516, that aligns with the 161.8% Fibo extension
The stop loss will be placed at 1.0421, below 161.8% Fibo extension.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
ETH’s Next Move: Is $3,600 Within Reach for This Bull Run?Hey Realistic Traders, Is BINANCE:ETHUSDT About to Make New High Again? Let’s Dive In....
On the H4 timeframe, ETHUSDT rebounded above the 38.2% Fibonacci level, marking the completion of wave 4. Within this wave, a symmetrical triangle pattern formed and recently broke out above the upper trendline. This breakout was further confirmed by a bullish MACD crossover, signaling increasing momentum and strengthening the case for a continued upward move.
Based on these technical signals, I anticipate a potential upward movement toward the first target at $3,376 . After reaching this level, a minor pullback is likely before the rally continues toward a new high at $3,684.
This outlook remains valid as long as the price holds above the stop-loss level at 3,008.
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 Ethereum.
Economic Divergence Pressures EUR/CHFThe euro faces headwinds due to sluggish economic growth and rising joblessness across the Eurozone, while Switzerland's stable conditions position the franc as a strong safe-haven currency. This disparity supports ongoing downward pressure on EUR/CHF, with the Swiss franc gaining strength in light of broader market uncertainties.
Technical Weakness in EUR/CHF
The sustained downtrend in EUR/CHF has seen prices recently break below 0.93043, moving closer to the next support at 0.92877. Indicators such as the RSI and MACD point to persistent seller dominance, reinforced by both short- and long-term moving averages in decline. Any potential bullish reversal would require breaking above resistance levels starting at 0.93276.
Key Levels and Future Outlook
Immediate support stands at 0.92877, with further targets at 0.92666 and 0.92433 if bearish momentum holds. Resistance to watch includes 0.93276. Upcoming European PMI data will be pivotal, potentially driving the Swiss franc higher if Eurozone pressures intensify. Sellers maintain control unless key resistance barriers are overcome.
USDT.D trend
1. Key Support Zone:
- The 3.80% level acts as a strong long-term support, and a reaction from this area is expected.
2. Bullish Scenario:
- Breaking through 5.57%and then 6.61% could lead the dominance toward 8.29%and even 9.49%
- This scenario suggests increasing USDT dominance and selling pressure in the crypto market.
3. Bearish Scenario:
- If the 3.80% support is broken, dominance may experience a deeper decline, favoring a bullish environment for the crypto market.
4. RSI Status:
- The RSI shows bearish divergence and is near the oversold zone, indicating a possible short-term rebound or correction.
The current level is critical for determining the market direction; the breakout or hold of the 3.80% level will shape the future of USDT dominance and its impact on the crypto market.
Nowhere to go but down Is this the greatest short opportunity of all time?
Disclaimer: These are not trading signals. Trade at your own risk!
EURUSD TO 1.074Please pay attention to the drawn levels, and be careful with your entry and stop loss, the market more likely to form a new uptrend line from 1.03709, however, if that area was broken with long candle, it's better to avoid and wait the price to go back above it, the price might push 25 pips below it. If the market fail to create a new trend line, so we should wait for 1.02547, it will be very powerful area to buy at,
DOTUSDT - Detailed road map for Price actionnicely breakout in 3d chart for this falling wedge with huge green candle is great sign to start be bullish for DOT ... but iam here to give u some advices
this analysis can be divided into 2 stages:
🔸short term expected DOT will rise to 6.6$ and from here will be declined to 5,8 - 4.8 or even little lower .. and expected all market will correctwhen that happen
🔸midterm expected to reach the peak of march at 11.8$ or even higer
my advice : we are now in the bull market and corrections may occur that make you doubt your decisions and sell at a loss
Market makers always know how to control your emotions
If you look at his DOT coin, you will find that it is at a real bottom
the real winner who is patient with his coins and control his emotions
Best regards Ceciliones🎯
Trading opportunity for PEPEUSDTBased on technical factors there is a Buy position in :
📊 PEPEUSDT
🔵 Buy Now
🪫Stop loss 0.00001700
🔋Target 1 0.00002500
🔋Target 2 0.00003150
🔋Target 3 0.00003950
💸RISK : 1%
We hope it is profitable for you ❤️
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