Gold Technical Analysis Today Gold Technical Analysis for Selling (Current Price: 2892)
*Short-Term Outlook: Bearish*
The current price of gold, 2892, suggests a potential selling opportunity. The commodity has been experiencing a downward trend, with a series of lower highs and lower lows.
*Key Resistance Levels:*
- 2905 (previous high)
- 2920 (50-day moving average)
*Key Support Levels:*
- 2875 (previous low)
- 2850 (200-day moving average)
*Technical Indicators:*
- RSI (14): 42.12 (oversold)
- MACD (12, 26): -15.23 (bearish)
*Trading Strategy:*
Consider selling gold at the current price (2892) with a stop-loss at 2905 and a take-profit at 2850.
Please note that technical analysis is subjective and should be used in conjunction with fundamental analysis and risk management techniques.
Community ideas
IS ACH A DEAL?When you look at the chart, this crypto is hit or miss. I used to enjoy the spikes, but as time has passed, I would like to see ACH mature in its growth. With all of ACH's recent news, you would expect the moves to start lasting longer, and in a way it has. I will call these growing pains, but with all that being said, ACH has broken through the .786 on the fib and is approaching its channel bottom. We could see a nice move up, given that March going into April is ordinarily decent for crypto. It seems we are all waiting for our Alt season to take off so we can take our profits. I'm bullish only because everyone is bearish with FUD. I look forward to the day when ACH surpasses its .20 and reaches a new ATH.
ACH on the Hourly is oversold, which is one of the big keys to trading this crypto. You need to look for your timing, and know when it spikes, to take profits. ACH will boom again really soon, so hang on!
break the red resistance zoneAnalysis 🚨
$SWARMS attempted to break the red resistance zone 🔴 but failed due to strong selling pressure at this level.
📌 What’s next?
We need a breakout above this resistance for bullish momentum.
If it successfully breaks, the first target will be the green line level 🟩.
Watch this red resistance carefully, as it’s a key level for the next move!
🎯 Target (If Breakout Happens):
✅ Green line level
Microsoft (MSFT) Testing Critical Support! 📊 Technical Analysis (TA):
1. Trend & Structure:
* MSFT has been in a strong downtrend, marked by multiple Break of Structure (BOS) signals.
* Recent Change of Character (ChoCH) suggests a potential bottoming attempt.
* Key Resistance: ~400-415 (supply zone)
* Support Zone: ~385-388 (current demand area)
2. Indicators:
* MACD & Stochastics show early signs of bullish momentum but remain weak.
* Volume spikes indicate selling pressure is still dominant.
🔹 GEX & Options Flow:
1. Call Walls (Resistance) 🚧
* 415-420: Strong resistance, may cap any rally.
* 430: 3rd Call Wall, unlikely to be reached in the short term.
2. Put Walls (Support) 🛑
* 385: Immediate support where puts are concentrated.
* 380: Highest negative NETGEX, meaning if MSFT breaks below, a sharp drop to 360-370 is possible.
3. IV Rank & Skew:
* IVR 53.9, indicating mid-range volatility.
* Low put activity (6.4%), suggesting mixed positioning.
* Implied move: ±2.6%, indicating potential large swings.
📌 Trading Plan & Suggestions:
* Bullish Scenario:
* If MSFT holds 388-390, we could see a bounce toward 400-410.
* Calls or spreads with April expiry could benefit from a rebound.
* Bearish Scenario:
* If MSFT breaks 385, expect a drop toward 380, where put positioning increases.
* Ideal Put Play: Buy March-April 390P or 380P targeting 370-380.
⚠️ Key Warning: If MSFT holds 385-388, a relief rally could squeeze shorts.
🔥 Conclusion: MSFT at Decision Point – Bounce or Breakdown?
Microsoft is testing critical support, with options flow suggesting downside risk. The next sessions will determine if bulls defend or bears extend losses. Watch for price action near 385-390 before making a move. 🚀📉
🚨 Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and trade responsibly.
TradeCityPro | BIGTIMEUSDT Final Downtrend?👋 Welcome to TradeCityPro Channel!
Let's analyze and review the new gaming coin BIGTIME and see what the market is going to be like. I feel like we're going to see the final downtrend.
🌐 Bitcoin Overview
Before starting today's altcoin analysis, let's look at Bitcoin on the 1-hour timeframe. Since yesterday, Bitcoin experienced a correction, which was necessary for the market, and it pulled back to the 102135 range. The next trigger for a long position will be a breakout above 104714.
Yesterday's correction, coupled with an increase in Bitcoin dominance, caused noticeable declines in some altcoins. This highlights the importance of monitoring BTC pairs in your checklist these days.
📊 Weekly Timeframe
This coin is not in an interesting situation on the weekly time frame and after being rejected from the resistance of 0.22109, it is continuing its downward trend and is recording a lower high and low
If the weekly candle closes like this and we lose the support of 0.06479, the declines will continue and if you are holding this coin, I suggest you exit temporarily and if it enters again, you will simply enter with a smaller number of this coin and your number of Tethers will be preserved
They are not really in good conditions for buying right now, but if the support is faked, we can get a trigger from them, but normally the best trigger is after the failure of 0.22109, but I repeat, the fake of this support can form a new trend!
📈 Daily Timeframe
The situation is the same on the weekly time frame and the probability of a fall is higher than ever, and after the rejection of this important resistance at 0.22785, we have experienced a 75% drop so far!
After this drop, we went into the range box between 0.05801 and 0.07342, and it is natural to suffer a little until our RSI rejected the middle line of 50, which again increased the probability of a fall.
Also, today's daily candle is very important, and if it closes like this, we are engulfing a few of our previous candles and the probability of a support floor breakdown is higher than ever, so you can open a short position and exit the spot, and your second entry for the spot breakdown will be 0.09270!
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends!
EURUSD Short Idea. Last week there were 3 strong bearish days on OANDA:EURUSD , leaving an imbalance behind and a Weekly bearish candle. Today, as I find it with a strong bullish movement from the open and London, I keep my eyes on shorts. This move might just end up being the weekly top wick, as nothing goes up or down in a straight line.
I found an imbalance with, what I perceive as, liquidity nearby. With a red folder news coming up at 10:00am NY time, it might reach it. Let's wait and see. This is my thought and move for today. For now.
Had this planned out for weeks, Finally time
Been watching this since about $73 and drew this up and had a lot more fair value gaps ut the 68.68 was a number that lined up in a FVG and on the trendline.. Could have went to the lower one but felt safe here with a SL at $67 possibly losing the trendline. 4hr or 1 day chart. Data seemed consistent. Now we wait and see. First TP $75 possible $100 if we break out. if not we bounce in the range take some swing shorts as a hedge.
TradeCityPro | Bitcoin Daily Analysis #23👋 Welcome to TradeCity Pro!
Let's dive into the analysis of Bitcoin and other important crypto indices. In this analysis, I want to review the important futures triggers in today's New York session. Yesterday, the market was rejected from a significant area and experienced a bearish leg.
📰 Before starting the analysis, it's worth noting that today Trump has a very important speech about tariffs, and if he discusses cryptocurrencies, the market may experience significant fluctuations. Therefore, be cautious about opening high-risk positions today.
⏳ 1-Hour Timeframe
In the 1-hour timeframe, as observed yesterday, after the price rose from the 91422 area, I mentioned that if the 94355 resistance were broken, we could enter a long position, and if the 91422 area were broken, we could enter a short position.
🔍 That exact scenario occurred, and after the price created a lower high compared to 94355, we witnessed a significant bearish momentum, resulting in a large bearish candle that engulfed several previous candles, broke the 91422 support, and reached the 89318 area.
⚡️ After this event and several resting and pullback candles that hit the 0.382 Fibonacci area, the price proceeded with its next bearish leg, breaking the 89318 area near the 0.618 Fibonacci zone. With this PRZ break, we can say that all bullish market momentum was wiped out, and the price fully corrected relative to the bullish leg it had previously made, reaching the 85204 area.
✅ This morning, this area was also breached, and the price executed a Downside Extension to the 1.272 Fibonacci Retracement, meaning the market has fully engulfed the bullish leg and even dropped an additional 27% from that leg to date.
📉 Currently, there is support at the 83151 area, which coincides with the 1.272 Fibonacci. If this area is breached, we can expect the Downside Extension to continue, with the next support at the Fibonacci 1.618, a crucial Fibonacci zone. If this area is also breached, there is a static support at 78940.
💥 In the RSI, note the significant bearish momentum in the market. If the RSI can re-enter and stay in the Oversell zone, the likelihood of breaking 83151 or even 78940 will increase.
📊 Regarding volume, as you can see, it mostly shows a ranging structure with a few high-volume candles within this range that can be considered Selloff candles. After these candles, the price had several resting and corrective candles.
✨ Overall, the volume is ranging, and we will see whether buying or selling volume enters the market based on Trump's statements.
🔼 For a risky long position today, you can open a long position with the breakout of 85204. I suggest this trigger because Trump has a speech today, and if this news is favorable for crypto, Bitcoin could move upward again under the news influence, and I think the risk is worth taking if this area breaks.
❌ However, open this position with the minimal risk your strategy allows, and ensure that no more than 0.5% or 0.25% of your capital is at risk if this position hits a stop-loss.
💫 No more to discuss about Bitcoin; let's move on to the analysis of dominances to see what triggers we can find for altcoins.
👑 BTC.D Analysis
Let's look at the Bitcoin dominance analysis. As you can see, yesterday I defined a resistance area at 61.48 for you and mentioned that the price might get rejected from this area and the dominance might turn bearish again, which did happen, albeit slightly off at 61.61.
⭐️ Therefore, I have moved this line and adjusted it to this area. Currently, we are witnessing several bearish candles in a row from Bitcoin's dominance, and it seems likely that the dominance could move back down to the 60.40 floor with the bearish momentum it has, and as I've said in the past few days, I still see Bitcoin's dominance trend as ranging.
🎯 The dominance is not very analyzable at the moment, and we need to wait and see which side the box will break. If the box breaks from the 62.19 area, we can say that a lot of money is likely to enter Bitcoin, and Bitcoin could move more than altcoins. If the dominance breaks from the 60.40 area downwards, we can say that more money will enter altcoins.
📅 Total2 Analysis
Moving on to the Total2 analysis, yesterday I told you that if the 1.14 level is broken, you could enter a short position if Bitcoin's dominance was rising, which indeed occurred, and the dominance of Bitcoin was rising while this break happened, and the dominance had not yet been rejected from the ceiling, which is why the short position you opened on altcoins could have been much more profitable.
🎲 However, as you can see, I have moved this trigger and transferred it to the 1.13 area because I think this area is cleaner, and as you can see, the price has reacted to it once and is likely to react to this area more in the future than to the 1.14 area.
🔑 Overall, the gray areas you see drawn on the chart are not very important supports and resistances, so I easily move them if the price does not show the reaction I want, and it is not very important to me if their position changes.
☘️ However, as you can see, after the price broke the 1.13 area, it executed its main bearish leg downwards, even breaking the 1.07 area and hitting a shadow to the 1.01 area as you can see, and is currently in a corrective phase.
🔽 The 1.07 area could be very important today, and if this area is broken, we can say that the price could make a deeper correction. But if this does not happen and the price is rejected from this area, we can say that altcoins are ready to execute their next bearish leg at least down to the 1.01 area.
✅ Depending on Bitcoin's dominance, you can decide to open a position on Bitcoin itself today or on altcoins. As you can see, the dominance candles being set suggest a bearish dominance, so if the market gives a short position, Bitcoin will be better than altcoins, but while you are reading this analysis, if you want to open a position, it might be that the dominance turns bullish, in which case a short position on altcoins would be better than on Bitcoin.
📅 USDT.D Analysis
Let's look at the Tether dominance analysis. As I told you yesterday, if the 4.82 level was broken, the dominance could start a bullish leg, which did happen, and the market activated its short trigger in Total2 and altcoins, and the dominance moved upwards, even breaking the 5.08 area and with a pullback to this area, reached 5.30.
🧲 This area was previously around 5.21, but as I told you, I easily move lines that are gray if the price does not respect them, and for this reason, I moved this area to 5.30, as you can see, the price has reacted to it and now seems to be correcting.
📊 Unfortunately, I don't have a specific trigger for a bearish turn in Tether dominance, but this 5.30 trigger is a very suitable one for it to turn more bullish, and in my opinion, if the dominance wants to turn more bullish and break this area, it could move again up to the 5.50 area.
🔼 But in case of a correction in dominance, the first very important support exists at 5.08, and the dominance could correct to this area.
📌 Final Words Overall, I think the market today is not very analyzable and can have a lot of sharp and emotional movements, and everything depends on Trump's speech.
❗️ I suggest that if you think the market will go up with Trump's speech, hold a long position, and if you think it will go down, hold a short position if triggers are activated.
🎲 But open this position with the minimum risk you can and are allowed to take because Trump's speech can create a lot of sharp movements in the market, and if you do not risk manage and set a stop-loss, your position can easily be liquidated, so be careful to risk the minimum amount that your strategy allows you to open these positions.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
Long term BTC cycles (top @ 125k-130k)An analysis of Bitcoin's long-term market cycles based on historical trends and a parabolic growth pattern. The chart highlights exponential gains of +3,700%, +1,500%, and +250% in previous cycles, suggesting a potential peak around $125,000 to $130,000. The projection uses logarithmic trendlines and a parabolic trajectory to outline the continuation of Bitcoin's growth over time.
Could the price drop from here?USD/JPY is reacting off the pivot and could drop to the 1st support which is a pullback support.
Pivot: 151.18
1st Support: 147.17
1st Resistance: 154.79
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Ethereum Is Now Oversold (RSI & More Proof)Overextended. I opened this chart and there was no doubt, this move is already over-extended, the bearish move that is. I had to add the RSI to show it to you.
See, the RSI is oversold and the lowest since August 2024. Needless to say, when the RSI went this low in August it produced a reversal and a strong bullish wave. Now, it will do the same.
Very, very low volume on the drop. Just notice the bars, look at the chart. Isn't it clear?
I mean, based on technical analysis. I admit that the chart signals can be ignored and the market move against all odds, but normally, they work. It is the only tool we have available to try and predict what will happen next. The Ethereum chart is saying, "A reversal is coming, prices are about to start moving up. Get ready!"
Thank you for reading.
By the way, we are going beyond 11K.
Namaste.
Bearish reversal off 50% Fibonacci resistance?The Swissie (USD/CHF) is rising towards the pivot which acts as a pullback resistance and could drop to the 1st support which has been identified as an overlap support.
Pivot: 0.9043
1st Support: 0.8906
1st Resistance: 0.9171
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
How to pick a benchmark for you portfolio and beat the market What is a benchmark?
A benchmark is an index or a basket of assets used to evaluate the performance of an investment portfolio In the context of portfolio analysis the benchmark serves as a point of comparison to determine whether a fund a strategy or an investment is performing better worse or in line with the reference market.
In the current chart, Bitcoin ( BINANCE:BTCUSDT ) is displayed with a solid and larger blue line in relation to other cryptocurrencies for the current period.
Benchmarks are essential tools for institutional and private investors as they allow measuring the effectiveness of asset allocation choices and risk management Additionally they help determine the added value of an active manager compared to a passive market replication strategy.
Benchmark analysis example: NASDAQ:TSLA - NASDAQ:NDX
Benchmark analysis example: NASDAQ:TSLA - NASDAQ:AAPL - NASDAQ:NDX
What is the purpose of a benchmark
The use of a benchmark in portfolio analysis has several objectives
1) Performance Evaluation: Provides a parameter to compare the portfolio's return against the market or other funds
2) Risk Analysis: Allows comparing the volatility of the portfolio against that of the benchmark offering a measure of risk management
3) Performance Attribution: Helps distinguish between returns derived from asset selection and those linked to market factors
4) Expectation Management: Supports investors and managers in assessing whether a portfolio is meeting expected return objectives
5) Strategy Control: If a portfolio deviates excessively from the benchmark it may signal the need to review the investment strategy
How to select an appropriate benchmark?
The choice of the correct benchmark depends on several factors:
1) Consistency with Portfolio Objective: The benchmark should reflect the market or sector in which the portfolio operates
2) Representativeness of Portfolio Assets: The benchmark should have a composition similar to that of the portfolio to ensure a fair comparison
3) Transparency and Data Availability: It must be easily accessible and calculated with clear and public methodologies
4) Stability Over Time: A good benchmark should not be subject to frequent modifications to ensure reliable historical comparison
5) Compatible Risk and Return: The benchmark should have a risk and return profile similar to that of the portfolio
Most used benchmarks
There are different benchmarks based on asset type and reference market Here are some of the most common.
Equity
FRED:SP500 Representative index of the 500 largest US companies.
NYSE:MSCI World Includes companies from various developed countries ideal for global strategies
FTSE:FTSEMIB Benchmark for the Italian stock market
NASDAQ:NDX Represents the largest technology and growth companies
Bonds
Barclays Global Aggregate Bond Index Broad benchmark for the global bond market
JP Morgan Emerging Market Bond Index EMBI Benchmark for emerging market debt
[* ]BofA Merrill Lynch US High Yield Index Representative of the high-yield bond market junk bonds
Mixed or Balanced
6040 Portfolio Benchmark 60 equities SP 500 and 40 bonds Bloomberg US Aggregate used to evaluate balanced portfolios
Morningstar Moderate Allocation Index Suitable for moderate-risk investment strategies
Alternative
HFRI Fund Weighted Composite Index Benchmark for hedge funds
Goldman Sachs Commodity Index GSCI Used for commodity-related strategies
Bitcoin Index CoinDesk BPI Benchmark for cryptocurrencies
A reference benchmark is essential in portfolio analysis to measure performance manage risk and evaluate investment strategies The selection of an appropriate benchmark must be consistent with the strategy and market of the portfolio to ensure meaningful comparison.
Understanding and correctly selecting the benchmark allows investors to optimize their decisions and improve long-term results.
SIDEWAY waiting for news this week⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
As a result, investors turned to bullion for safety, driving prices toward the $2,900 mark. Meanwhile, the US 10-year Treasury yield dropped two basis points to 4.176%, its lowest level since December 2024.
Commenting on the economy, St. Louis Fed President Alberto Musalem acknowledged steady economic growth but cautioned that recent data indicate potential downside risks.
⭐️Personal comments NOVA:
Continue in correction phase - gold price under selling pressure below 2900. Sideway and waiting for important news this week
⭐️SET UP GOLD PRICE:
🔥 BUY GOLD zone: $2851 - $2853 SL $2846
TP1: $2860
TP2: $2870
TP3: $2880
🔥 SELL GOLD zone: $2898 - $2900 SL $2905
TP1: $2890
TP2: $2880
TP3: $2870
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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
$SMCI: Super Micro Computer – AI Server Surge or a Pit Stop?
NASDAQ:SMCI : Super Micro Computer – AI Server Surge or a Pit Stop?
AI infrastructure’s hotter than a July barbecue, with revenue up 110% to $14,989.2 million in 2024! But with internal control concerns, is this tech beast charging up or taking a breather? Let’s dive in!
(1/9)
Good morning, everyone! ☀️ NASDAQ:SMCI : Super Micro Computer – AI Server Surge or a Pit Stop?
AI infrastructure’s hotter than a July barbecue, with revenue up 110% to $14,989.2 million in 2024! But with internal control concerns, is this tech beast charging up or taking a breather? Let’s dive in! 🔍
(2/9) – PRICE PERFORMANCE 📊
• Fiscal 2024: Net sales soared 110.4% to $14,989.2 million 💰
• Server Systems: Up 115.9%, GPU servers leading the charge 📏
• Sector Trend: AI demand’s skyrocketing 🌟
It’s a wild ride, fueled by AI’s hunger! ⚙️
(3/9) – MARKET POSITION 📈
• Market Cap: $2.4B, based on shares outstanding 🏆
• Holdings: Servers, storage, and AI solutions ⏰
• Trend: International sales steady at 32%, showing global appetite 🎯
Firm, carving a niche in AI infrastructure! 🚀
(4/9) – KEY DEVELOPMENTS 🔑
• 10-K Filing: Dropped Feb 25, 20
25, dodged NASDAQ delisting 🔄
• Revenue Driver: GPU servers for AI workloads 🌍
• Market Reaction: Shares jumped 19.8% after-hours 📋
Adapting, with investors cheering the comeback! 💡
(5/9) – RISKS IN FOCUS ⚡
• Internal Controls: Audit flagged issues, per Feb 25 filing 🔍
• Competition: Big players in AI server space 📉
• Volatility: High-growth sectors swing hard ❄️
Tough, but risks loom! 🛑
(6/9) – SWOT: STRENGTHS 💪
• Revenue Boom: 110% growth, $14,989.2 million in sales 🥇
• AI Focus: GPU servers crushing it 📊
• Global Reach: 32% international sales 🔧
Got rocket fuel in the tank! 🏦
(7/9) – SWOT: WEAKNESSES & OPPORTUNITIES ⚖️
• Weaknesses: Internal control concerns, per audit 📉
• Opportunities: AI infrastructure demand keeps soaring 📈
Can it fix the cracks and ride the wave? 🤔
(8/9) – 📢 SMCI’s revenue up 110%, with AI demand exploding, your take? 🗳️
• Bullish: Shares to $50+ soon, AI’s unstoppable 🐂
• Neutral: Steady, risks balance growth ⚖️
• Bearish: $35 looms, controls spook 🐻
Chime in below! 👇
(9/9) – FINAL TAKEAWAY 🎯
SMCI’s revenue surge to $14,989.2 million screams AI potential 📈, but control issues add a pinch of caution 🌿. Volatility’s our friend—dips are DCA gold 💰. Grab ‘em low, climb like pros! Gem or bust?
Believe or not NVDA- 2025NVDA- Is simply pulling back where it all began. The ones telling you to HODL will fold. This is a significant retracement. Follow for me tips and drawings. But for now Bye-Bye NVDA- This pattern will play out and if you decide to say something negative in response it's totally fine. We all have our opinions. Me I have my bank account and others riding on my drawings and intellect.
MicroStrategy's Path: Prepare for Volatility and Short Squeeze P
- Key Insights: MSTR's connection to Bitcoin creates high volatility, making it
a candidate for short-term trading strategies. With crucial support at $142
and resistance at $543, watch for price movements that could trigger a short
squeeze. The current market sentiment suggests active trading around these
levels, driven by broader cryptocurrency trends.
- Price Targets: Next week targets include T1 at $1,050 and T2 at $1,120,
reflecting a potential bullish trend. Stop levels for LONG positions are set
with S2 at $138 and S1 at $142, adhering to the required hierarchy S2 < S1 <
975.91 < T1 < T2.
- Recent Performance: MSTR's recent market activity has showcased significant
fluctuations, closely mirroring Bitcoin's price movements. The stock has
experienced sharp declines in correlation with Bitcoin dips, but the
potential for reversal exists as support levels are tested.
- Expert Analysis: Experts emphasize the importance of monitoring price levels
closely for potential short squeezes. The market sentiment remains
cautiously bullish with a focus on recovery, provided MSTR can maintain its
support. Analysts suggest remaining vigilant as the cryptocurrency landscape
evolves.
- News Impact: Recent fluctuations in Bitcoin have had substantial adverse
effects on MSTR's stock price. Investor sentiment is heavily influenced by
changes in the cryptocurrency market, highlighting the risks and
opportunities that lie ahead for MSTR as it navigates these dynamics.
ETH Bulls vs. Bears – Who Wins at $2000?Hi everyone,
As always, when I spot something interesting, I’ll share it. Right now, ETHUSD is -15% in a single day, flashing red on my screen! 😃
For those interested, this level isn’t a bad technical setup. Keeping it short, here are the key criteria:
The ultimate trendline
This is the major trendline and should be the strongest one on the chart. Unfortunately, the price didn’t come from long-term higher highs, which weakens it slightly but still, there are other solid factors that align with it.
A strong horizontal price zone
This area has seen multiple rejections in the past, so volatility should be expected here.
A 50% drop from the most recent high
Similar to the trendline, this level is slightly weaker because it’s not a full 50% drop from the all-time high. However, historically, crypto assets have shown strong reactions around these levels.
The round number $2000
Acting as a psychological support level, it adds extra strength to this zone.
What do you think? Will this level hold, or are we smashing straight through it? Drop your thoughts in the comments!
If you like the analysis, hit the boost as well🚀
Cheers,
Vaido
---------------------------
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