#DOGSUSDT ( it is time ? )It seems that after all these reforms, he should show some movement of his own
The breaking of the red resistance line, especially from the place of the red arrow,
can promise good growth
So wait and watch
Community ideas
USDJPY Analysis: Potential Retracement Amid USD StrengthUSDJPY recently broke out of a descending channel and surged to 153.77, but is now showing signs of a potential pullback. The price action suggests a possible retracement towards the highlighted support zone around 153.20 - 152.50.
This movement is also influenced by the recent strength of the USD, driven by positive economic data and Federal Reserve signals on potential rate hikes. If this support holds, we may see a bounce back towards the recent highs, offering a buying opportunity
XAUUSD View!!Gold's rally may have run its course, UOB Global Economics & Markets Research's Quek Ser Leang says in a research report. Last week, gold formed 'Doji' pattern on weekly candlestick chart, which is typically perceived as a bearish signal, the markets strategist says. Crossover in weekly slow stochastics from overbought territory suggests downside risks are building. On the daily chart, gold broke below the three-month rising trendline support two sessions ago, with bearish divergence on daily MACD. However, any pullback will probably be choppy and potentially drawn out, with initial support at 55-day exponential moving average, which is now at $2,636/oz, the strategist adds. Spot gold is down 0.4% at $2,694.69/oz.
Ethusdt broke the channel, towards the new peak?Currently, Ethusdt is having a spectacular breaking out of a long decrease channel, signaling the potential to reverse the trend of increasing. After Breakout from the upper border of the channel, the price of ETH has increased sharply and is currently fluctuating around 2,908 USDT.
With the current motivation, Ethusdt can target higher levels around US $ 3,100 in the short term. This is a potential goal if ETH continues to maintain a strong increase.
AVXLAVXL is an excellent stock; the descending channel has been broken on the daily chart. We are currently in a correction phase on the 1-hour timeframe, Entry with the price ranging between $7.50 and $6.50 Target 14.19$_14.90$ However, there may make correction between $9.63 _ $10.06, where a re-entry could be made. The stop loss should be placed below $5.00.
ETHEREUM - Buy Idea (Long-term)The massive support key-level of $2513 was able to finally turn price around. A bull cycle is likely to build up in next few weeks. Price action had the potential to double up in value. Our official target is $3790
$ETH ON FIRE! #Ethereum will move towards the $3,500 and $4,000 targets if it makes daily closes above $2,881, which coincides with both the major resistance and the downtrend breakout.
Crypto Bull Run: Unveiling the First StageAfter a year-long bear market, cryptocurrency prices enter a consolidation phase at the bottom, lasting approximately 500-700 days. If the price breaks through this consolidation resistance, it could experience a bullish move of 100%-300%, This pattern occurs once every four years in the crypto market.
Currently, most cryptocurrency prices are breaking out of their consolidation phases and experiencing 100%-300% moves. This marks the first stage of the crypto bull run.
I will share the example charts below.
Regards
Hexa
$USINTR -Feds Cuts RatesECONOMICS:USINTR
(November/2024)
source: Federal Reserve
-The Fed lowered the federal funds target range by 25 basis points to 4.5%-4.75% at its November 2024 meeting, following a jumbo 50 basis point cut in September, in line with expectations.
Policymakers reiterated their previous message that they will carefully assess incoming data, the evolving outlook, and the balance of risks when considering additional adjustments to borrowing costs.
On the economic front, the Fed noted that recent indicators suggest that economic activity has continued to expand at a solid pace.
Since earlier in the year, labor market conditions have generally eased, and the unemployment rate has moved up but remains low.
Inflation has made progress toward the 2% objective but remains somewhat elevated.
However, officials removed a reference they had “gained greater confidence” that inflation is moving toward the target.
EUR/USD Daily AnalysisThe EUR/USD currency pair appears to be consolidating within a large, slightly narrowing symmetrical triangle pattern that has been forming over the past year. Key observations:
1.Support and Resistance:
The pair recently tested support near the lower boundary of the triangle (around the 1.0700 area), which aligns with a long-term uptrend line, creating a potential zone of support.
Resistance is seen at the upper boundary of the triangle, currently around the 1.1200 level, marking an area to watch for potential breakout attempts.
2.Volume Profile:
The Volume Profile visible range highlights significant buying and selling interest around the 1.0799 to 1.0903 levels, suggesting this zone could act as a magnet for price action in the near term.
3.Key Levels:
A break above the 1.0903 level could lead to a test of the next resistance at 1.1056.
On the downside, if the pair falls below the recent swing low near 1.0700, it may open up further downside potential toward lower support zones around 1.0500.
4.Indicators:
RSI is currently rebounding from oversold levels, indicating some bullish momentum in the short term. However, watch for a shift if RSI approaches the overbought territory.
5.Price Action:
The recent bounce from support with increased volume may indicate renewed buying interest, but a breakout beyond the triangle boundaries will likely provide a clearer direction.
This setup suggests that EUR/USD may see increased volatility as it approaches the apex of the triangle.
Outlook: T raders should be cautious and watch for a confirmed breakout beyond the triangle's boundaries for clearer directional cues. Bulls will look for a breakout above 1.0903 to target higher levels, while bears may aim for support zones below 1.0700 in case of a downside break.
EURCAD_101 2024.11.07 15:59:03 Trading Signal BUYFrankPro Signal for EURCAD_101
Type: Screen
Signal: BUY
TP: 1.50472
SL: 1.49793
Entry Price: 1.4989
Analysis for EURCAD
Forecast Overall(Short-Term, Long-Term): ST= Probably Down LT= Strong Up
Forecast Methods(Short-Term, Long-Term):
ST=Down LT=Up
ST=Down LT=Up
ST=Up LT=Up
Analysis Method(0)
Based on the provided analysis, I will provide separate assessments for short-term and long-term expectations for the EUR/CAD currency pair.
**Short-term (next few days to a week):**
Given the recent reversal from the key resistance level of 1.5160 and the formation of a Dark Cloud Cover pattern, the pair is likely to fall to the next support level at 1.5100. The overbought daily Stochastic also supports this bearish outlook. However, if the pair breaks above 1.5172, it could confirm a continuation higher. Considering the uncertainty and the dual potential scenarios, I would say that the price is expected to **go down** in the short-term, but with a possibility of a breakout above 1.5172, which could change the direction.
**Long-term (weeks to months):**
The decisive breakout above the slanting roof of a multi-month price pattern and the bullish MACD momentum indicator support a long-term bullish outlook. If the price follows through higher, it could make a significant advance, targeting 1.5228 and then 1.5312. However, a bearish close could form a two-bar reversal pattern, indicating a temporary deeper correction. Considering the overall analysis, I would say that the price is expected to **go up** in the long-term, but with a possibility of temporary corrections.
**Staying the same:**
Given the current uncertainty and the dual potential scenarios, it's unlikely that the price will stay the same in the short-term or long-term. The analysis suggests that the pair will either break out above 1.5172 or fall to the next support level at 1.5100, and then potentially continue its move in the same direction.
Result: ST=Down LT=Up
Analysis Method(1)
Based on the analysis, here are my conclusions:
**Short-term (next few days/week):**
* The breakout above the upper trendline of the pattern could be "false" and the pair might form a Double Top bearish reversal pattern.
* The MACD momentum indicator has risen above the zero line, but a bearish close could form a two-bar reversal pattern, indicating a potential short-term correction.
* Some analyses suggest that the pair holds negative signals from both short and long-term Moving Averages, indicating a more negative forecast in the short term.
* Therefore, I expect the price to **go down** in the short term, potentially breaking below 1.5101 and targeting 1.5051.
**Long-term (next few weeks/months):**
* The EUR/CAD has decisively broken out of a multi-month price pattern, which is a bullish sign.
* A break above 1.5172 could confirm a continuation higher, targeting 1.5228 and potentially reaching 1.5312.
* The pair has rebounded from range support, forming a strong bullish engulfing candle on the daily chart, suggesting a promising outlook for continued upward movement.
* Therefore, I expect the price to **go up** in the long term, potentially reaching the targets mentioned above.
Please note that these are just predictions based on the analysis, and the actual market behavior may differ.
Result: ST=Down LT=Up
Analysis Method(2)
Based on the analysis provided, here is my assessment of the EUR/CAD currency pair's potential price movement:
**Short-term analysis (next few days to a week):**
* The recent breakout above 1.5172 and the bullish engulfing candle on the daily chart suggest a potential uptrend.
* The MACD momentum indicator rising above the zero line also supports a bullish outlook.
* However, there is a risk of a "false" breakout, and if the price breaks below 1.5101, it could lead to a move down to 1.5051.
* Given the recent breakout and bullish indicators, I expect the price to **go up** in the short term, with a target around 1.5200.
**Long-term analysis (next few weeks to a month):**
* The EUR/CAD pair has broken out of a multi-month consolidation pattern, which could lead to a sustained uptrend.
* The Fibonacci price projections suggest potential targets at 1.5228 and 1.5312, which could be reached in the long term.
* However, the alternative scenario of a Double Top bearish reversal pattern cannot be ruled out, and a break below 1.5101 could lead to a move down.
* Considering the breakout and the bullish indicators, I expect the price to **go up** in the long term, with a potential target around 1.5312.
**Staying the same:**
* The current trading range of $1.48 and $1.51, with support at $1.46 and resistance at levels such as $1.47 and $1.48, suggests that the price could remain range-bound if it fails to break out of this range.
* However, given the recent breakout and bullish indicators, I do not expect the price to **stay the same** in the short or long term.
Overall, my analysis suggests that the EUR/CAD pair is likely to go up in both the short and long term, with a potential target around 1.5200 in the short term and 1.5312 in the long term.
Result: ST=Up LT=Up
SOLUSDT.P higher high no volume Hello, dear HODL-ers.
Here’s a look at SOL on the daily timeframe. The price is above the lower highs trendline, making a higher high, but volume is lacking and showing a lower low. Should this be a cause for concern? Perhaps the SEC decision tonight will provide some clarity.
Stay safe and humble!
SILVER_108 2024.11.07 13:48:05 Trading Signal SELLFrankPro Signal for SILVER_108
Type: Screen
Signal: SELL
TP: 30.325
SL: 31.757
Entry Price: 31.578
Analysis for SILVER
Forecast Overall(Short-Term, Long-Term): ST= Strong Down LT= Strong Down
Forecast Methods(Short-Term, Long-Term):
ST=Down LT=Down
ST=Down LT=Down
ST=Down LT=Down
Analysis Method(0)
Based on the provided analysis, here is my assessment of the expected price movement for XAG/USD (Silver) in both the short-term and long-term:
**Short-term (next few days to a week):**
* Expected price movement: Down
* Reasoning: The price has broken below key support levels, including the 50-day SMA, and is currently under pressure. The technical outlook suggests a potential bullish correction to test the resistance area near $32.05, but this is likely to be followed by a downward rebound. Additionally, market indicators such as oscillators on the daily chart are gaining negative traction, indicating a path of least resistance to the downside.
**Long-term (next few weeks to months):**
* Expected price movement: Down
* Reasoning: The analysis suggests that silver prices are vulnerable and may continue to decline unless there is a strong breakout above key resistance levels. The technical outlook indicates a potential continuation of the fall, targeting levels below $28.45. Furthermore, the strengthening of the US Dollar following the presidential election is likely to maintain downward pressure on silver prices.
It's worth noting that a strong breakout above $33.65 could indicate continued growth to the $35.05 area, but this scenario seems less likely based on the current analysis.
Result: ST=Down LT=Down
Analysis Method(1)
Based on the provided analysis, here are my conclusions on the expected price movement of XAG/USD (Silver) in both the short-term and long-term:
**Short-Term Analysis (next few days/week):**
* The price is expected to go down. The current price action suggests further potential declines, with support levels identified at $30.40-$30.35 (100-day SMA) and potentially lower to $30.00, $29.70, and the 200-day SMA near $28.55.
* However, there is an expectation of an attempt to develop a bullish correction in the price of silver, testing the resistance level near $32.05, followed by a potential downward rebound and continuation of the fall in price.
**Long-Term Analysis (next few weeks/months):**
* The price is expected to go down. The technical outlook indicates that any attempted recovery might be seen as a selling opportunity, with the path of least resistance currently to the downside.
* The strong US Dollar, bolstered by Trump's election victory, is a significant factor in the current downward pressure on silver prices, which is likely to continue in the long-term.
* However, if the price clears the $33.00 mark, it could target the October 31 high of $33.89 and potentially higher levels, indicating a potential reversal of the downtrend.
Overall, the analysis suggests that the price of silver is likely to continue its downward trend in both the short-term and long-term, with potential support levels at $30.40-$30.35 and $28.55. However, there is a possibility of a bullish correction in the short-term, and a potential reversal of the downtrend if the price clears the $33.00 mark.
Result: ST=Down LT=Down
Analysis Method(2)
Based on the analysis, here are my predictions for the Silver price (XAG/USD):
**Short-term (next few days to a week):**
* The price is expected to go down. The breakdown below the 50-day SMA and the short-term ascending trend-channel has triggered bearish sentiment, and oscillators indicate negative traction. The price is likely to continue its fall towards the 100-day SMA support around $30.40-$30.35.
* Immediate support levels to watch are $30.23 (100-day SMA) and the psychological mark of $30.00. If these levels are broken, the price could drop further to $29.70.
**Long-term (next few weeks to a month):**
* The price is expected to stay the same or go down slightly. The strong US Dollar following Donald Trump's victory in the presidential election is likely to keep Silver prices in check. The price may eventually drop below the $30.00 psychological mark, heading towards the $29.70 zone and the 200-day SMA near $28.55.
* However, if the price manages to break above the 50-day SMA breakpoint near $31.40, it could lead to a short-covering move, but it may not sustain and could fizzle out near the $32.65 region.
Overall, the technical analysis suggests a bearish sentiment in the short-term, while the long-term outlook is neutral to slightly bearish due to the strong US Dollar.
Result: ST=Down LT=Down
DINOSHI (DINOSHI): A Deep Dive into Its Market PotentialThe cryptocurrency market is buzzing, and DINOSHI ($DINOSHI) has caught the attention of traders and analysts with its recent performance and unique market positioning. Backed by a robust decentralized ecosystem and technical bullish indicators, $DINOSHI could potentially offer significant returns. Let's explore its recent market performance, technical analysis, and why it might be a promising addition to your portfolio.
Where Can You Buy DINOSHI?
$DINOSHI tokens are primarily traded on Uniswap V3 (Ethereum), a popular decentralized exchange, where the DINOSHI/WETH trading pair is the most active. With a trading volume of $3,301.33 in the past 24 hours, $DINOSHI is experiencing heightened interest, which could signal further upside potential as liquidity grows on the platform.
Daily Trading Volume: A Significant Increase
DINOSHI has seen an impressive 296.10% increase in its 24-hour trading volume, reaching $3,301.33. This volume spike indicates a surge in market activity, reflecting growing interest among traders and suggesting the potential for further gains as momentum builds.
Price Performance: All-Time Highs and Lows
DINOSHI reached its all-time high price of $0.5896 on June 16, 2024. Currently, the price is about 72.15% lower than this peak. However, the coin is still up 395.23% from its all-time low of $0.03316, recorded just 25 days ago on October 13, 2024. This rebound from the low highlights a significant upward price movement and strong market interest, which may fuel future growth as DINOSHI gains traction.
Market Fundamentals: Fully Diluted Valuation (FDV)
DINOSHI’s fully diluted valuation (FDV) currently stands at $547,446. This metric assumes all 3.3 million DINOSHI tokens are in circulation, providing a glimpse into the coin's potential market cap. Given the limited supply of DINOSHI, its FDV suggests the possibility of sustainable value appreciation as demand increases.
Comparing DINOSHI’s Performance Against Peers
In the past week, DINOSHI has surged by 53.20%, outperforming the global cryptocurrency market, which rose by 7.10%, and its peers within the Ethereum ecosystem, which gained 12.70%. This robust performance underscores DINOSHI’s growing market momentum and positions it as a standout player among Ethereum-based tokens.
Technical Analysis
Technically, DINOSHI’s price chart reveals a falling wedge pattern—a bullish pattern often signaling a trend reversal. With $DINOSHI’s current price up 42%, this pattern could indicate a possible breakout, especially if it maintains upward momentum. The Relative Strength Index (RSI) sits at 36, suggesting that the token is undervalued, supporting the prospect of a near-term price surge.
Adding to this technical foundation are recent platform developments like Dinoscan, which supports the minting of DINO NFTs, and DINO Pad, designed for launching new memecoins. These innovations enhance DINOSHI’s ecosystem and provide additional use cases, likely fueling further demand for the token. Additionally, the token’s limited supply, capped at 3,333,333 DINOSHI, may create scarcity, making it more attractive to investors.
Governance and Utility
$DINOSHI serves as the governance DAO token for the broader NYSE:DINO LFG ecosystem, providing holders with voting rights and a voice in future project developments. This governance aspect allows investors to influence the project’s trajectory, fostering a strong community and long-term engagement.
Moreover, with the recent launch of Dinoscan and DINO Pad, DINOSHI is poised to become a central player in the NFT and meme coin spaces. These platforms offer new ways to engage with the ecosystem, potentially increasing token demand and pushing DINOSHI to new price levels.
Conclusion: Is DINOSHI Set to Surge?
DINOSHI’s compelling combination of technical indicators, including the bullish wedge pattern and low RSI, and its innovative ecosystem developments point towards a positive outlook. The token’s recent trading volume surge and limited supply further solidify its bullish potential. With an engaged community, governance rights, and a unique position in the memecoin and NFT space, DINOSHI might be set for a remarkable upward journey, possibly eyeing the $1 mark in the near future.
As always, investors should consider their risk tolerance and conduct thorough research before entering any position.
NEW IDEA FOR EURUSD By examining the trend in the four-hour time frame, EUR/USD can increase in price from the support of the bottom of the channel to the range of the ceiling of the channel in the range of $1.0946.
USDNOK false breakout leading to breakdown?Intraday Update: The USDNOK slammed back to the 10.90's as the Norges CB kept rates unchanged today. As other central banks (like the BOE just minutes ago cutting rates) this has allowed the USDNOK to break back below 11.00. The 11.1500 is shaping up as key resistance and stops below the 10.9000 should be building.
Gold Update: Post-Election WeaknessThe price of gold typically drops after U.S. elections, and this time is no different.
This weakness coincides with the expected wave count on the chart, as Wave 4 correction was anticipated. (see related)
Wave 3 is extended, and so is sub-Wave 5 within it, which is a common pattern for commodities.
Wave 4 has now begun, and there are two ways to measure its potential target:
1. Wave 4 typically retraces Wave 3 by around 38.2%.
2. The trend channel formed through the peaks of Wave 1 and Wave 3, and the valley of Wave 2, suggests a potential bottom for Wave 4.
This chart shows an amazing alignment of these two factors: the 38.2% Fibonacci retracement is at $2,428, and the bottom of the channel is around $2,450. These levels provide a strong double support for gold prices.
The final upward impulse should at least retest the all-time high of $2,802 (the peak of Wave 3).
The Cup & Handle pattern (see related ideas) has a target of $3,000.
!! NOT a dream anymore its about to happen very Soon. !!If all the things were right then we can see BTC at its full potential. BINANCE:BTCUSDT
USD/CHF BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
USD/CHF pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 8H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 0.866 area.
✅LIKE AND COMMENT MY IDEAS✅
TOTAL2 alpha analysis and targetstotal2 alpha ,reched 1.27T , we shared 1.4T last year which is 10% higher only not bad . Clean structure here after retesting the accumulation range at 701B (yellow range ) , took off till 1.27T which is the top of 2022 first drop range(black range) and took the highs .
Corrected 43% from there and almost retouched the accumulation range .
Now , back into black range and cyan (cyan range is almost identical to black , however cyan is the latest range total 2 trading in for the last 250days ) . Now we are breaking the first grey box which showed resistance for the last 90day. Acceptance above it will lead the way to 1.5T then 1.27T (top of black and cyan range ) . After that 1.5T woule be in play .
2.5-2.7T is my finale target for this cycle imo .
TRENT TAKEN SUPPORTNext supports are shown in this chart and as per my view this support will not be broken if voilated next support are here.
Bitcoin_1d_Buyhello
Analysis of Bitcoin cryptocurrency market leader in long and medium term time frame Analysis style based on Elliott waves In the medium term, the market can enter a new upward trend due to the breaking of the resistance level, the main number that can be considered is $66,666. At the moment, by maintaining the high price of this number, it is an upward trend and it can continue to rise, and the target of this wave can be considered to be 125,000 dollars.
