Black Friday saleUp to 70% OFF

Priceanalysis

S&P 500 Daily Chart Analysis For Week of Nov 22, 2024Technical Analysis and Outlook: In this week's trading session, the S&P 500 index has exhibited notable stability at the previously completed Mean Support level of 5856. Following this stabilization, the index is progressing toward a retest of the completed Outer Index Rally level of 6000 and the Key Resistance threshold of 6008. This substantial upward movement may/will precipitate a decline toward the Mean Support level 5920. However, it is crucial to recognize that reaching this support level or any pullback will facilitate a price rebound, thereby positioning the market for the subsequent phase of the bullish trend. This trend will be aimed at the Next #1 Outer Index Rally target of 6123 and potentially extend beyond that level in the near future.
SP:SPX
by TradeSelecter
EUR/USD Daily Chart Analysis For Week of Nov 22, 2024Technical Analysis and Outlook: As outlined in the analysis from the previous week, the Eurodollar has maintained its pronounced downward trajectory with notable intensity. It has successfully breached the completed Inner Currency Dip at 1.050. It penetrated the subsequent Outer Currency Dip at 1.042 by completing the significant Outer Currency Dip at 1.035 during this week’s trading session. It is essential to recognize that following this vital completion, the currency is positioned to rebound toward Mean Resistance at 1.048 before resuming its downward movement.
by TradeSelecter
Bitcoin(BTC/USD) Daily Chart Analysis For Week of Nov 22, 2024Technical Analysis and Outlook: The price of Bitcoin, which remained at or below the completed Outer Coin Rally of 92000 during the preceding week, has successfully broken through this level this week, thus completing our Outer Coin Rally of 99500. The current analysis indicates that the cryptocurrency coin will likely experience a retracement to the Mean Support level of 94400 before embarking on its subsequent bullish trajectory, targeting our forthcoming Outer Coin Rally at 110000. This development signifies the conceivable continuation of a sustained bull market.
BITSTAMP:BTCUSD
by TradeSelecter
Solana Hits Previous High And Something Else.Traders, In the same day that BTC has almost tagged 100k, Solana has hit its previous high. But there is something else showing me that Solana will have a tough time moving higher from here. It's that blue trendline. That started all the way back in mid-October of last year. Solana had remained above it until June of this year when the market could confirm that Bitcoin was going to continue its sideways to down price action until U.S. election time. The day after the election, as I expected, Solana broke its channel to the upside. It has now catapulted to its previous high on rumors of ETF filings today. But its run straight into the intersection of our blue trendline with the level of the previous high, making this area of confluence remarkably difficult for the bulls to beat. Will these ETF rumors be a sell the news event? I mean, you have to know that big money and insiders already knew. I expect them to dump on retail like they always do, take some profits, and then re-enter once retail knows they've been had again and start to fold. I can see the price coming back down to $205 or so. But Solana is white hot riding on the back of meme coins lately, so it's also possible that we just ride under the $260 price for a week or two accumulating before making any more big moves up or down. I don't have strong conviction with either option but I do believe the least likely scenario is the third option, a straight breakthrough of our previous high. ✌️ Stew
COINBASE:SOLUSDShort
by stewdamus
1
Bitcoin Fibo and Time- A bit messy graph. - Some peoples will get it and some not. - in matter of time and fibo analysis. - More will BTC take time to go up. - More BTC price will go higher. - in simple words, if u compare the 2015 bullrun and 2018 : - 2015 was 1055 days ( around..) - 2018 was 820 Days ( excluding the bouble top) - Nothing much to deduct from that, but 2 scenarios are still possible : - 100 000$ is not enough (161.8 FIbo), i still persist on that one, so not a scenario imo. - 150k$ (261.8 Fibo) possible if BTC goes fast. ( same as 2018). - 200k$ (361.8 fibo ) or 250k$ (423.6 Fibo ) are both possible if BTC goes slow. (same as 2015 ) - i still believe that " more Bitcoin will take time to go up, more the price will go higher " - Don't forget this is only TA, not FA, not Economic or World Situation. - Feel free to share with me your view. Happy Tr4Ding !
COINBASE:BTCUSDLong
by thecryer
4
S&P 500 Daily Chart Analysis For Week of Nov 15, 2024Technical Analysis and Outlook: During the current trading session, the S&P 500 index has demonstrated considerable weakness by reaching the significant Outer Index Rally target 6000, as indicated in the S&P 500 Daily Chart Analysis dated November 8. This decline has initiated a substantial pullback, as the index has fulfilled a key target of 6000. As a result, it has significantly decreased to the newly established Mean Support level of 5856, which suggests a potential continuation of the pullback toward the Mean Support levels of 5765 and 5700. However, it is essential to acknowledge that attaining these Mean Support levels may create the conditions for an upward price rebound before entering the subsequent phase of the bullish trend.
SP:SPX
by TradeSelecter
EUR/USD Daily Chart Analysis For Week of Nov 15, 2024Technical Analysis and Outlook: As anticipated in last week's analysis, the Eurodollar has sustained its downward trajectory with notable intensity, successfully reaching all predefined targets: Mean Support at 1.069, Key Support at 1.062, a retest of the completed Inner Currency Dip at 1.060, and the realization of the Inner Currency Dip at 1.050. While this downward movement is significant, the following primary target is the Outer Currency Dip at 1.042. It is imperative to acknowledge and initiate a rebound, which is currently taking place, guiding prices back toward the newly established Mean Resistance at 1.063 before resuming the down movement.
by TradeSelecter
Bitcoin(BTC/USD) Daily Chart Analysis For Week of Nov 15, 2024Technical Analysis and Outlook: According to my analysis of Bitcoin, as I have previously forecasted for Aeon, Bitcoin achieved the target of $92,000 in the past week. Although it has since retraced to the Mean Support level of $86,500, Bitcoin is currently at the top, regaining momentum, and is projected to hit the Outer Coin Rally of $99,500 and a subsequent target of $110,000. Currently, wwe are hovering near the $100,000 threshold, which indicates the commencement of a significant bull market. It is essential to acknowledge that this journey has been lengthy and demanding, and further volatility is anticipated. Nevertheless, patience will likely yield substantial rewards for those who have remained committed thus far. Recognizing that reaching these targets in all probability will trigger selling pressure is crucial.
BITSTAMP:BTCUSD
by TradeSelecter
S&P 500 Daily Chart Analysis For Week of Nov 8, 2024Technical Analysis and Outlook: During the current trading session, the S&P 500 index has exhibited significant strength by successfully filling the projected gap, as detailed in the S&P 500 Daily Chart Analysis dated November 1. This upward movement has facilitated a substantial rebound, as the index has retested both the Outer Index Rally level of 5861 and the Key Resistance level of 5865. Furthermore, the index has completed the Outer Index Rally threshold 6000, suggesting a promising potential for additional increases toward Outer Index Rallies at 6123, 6233, and 6418. Nevertheless, it is essential to recognize that achieving the Outer Index Rally 6000 level may prompt a downward price movement towards the Mean Support level of 5929 before progressing into the subsequent phase of the bullish trend
SP:SPX
by TradeSelecter
EUR/USD Daily Chart Analysis For Week of Nov 8, 2024Technical Analysis and Outlook: The Eurodollar has resumed its downward trend with notable intensity, completing an inner currency dip at 1.075 and stopping just short of the critical support level at 1.068. It is anticipated that the Euro will continue its decline, potentially retesting the completed Inner Currency Dip at 1.060 and reaching the next significant target of 1.054. While this downward movement is of considerable importance, it may also instigate a rebound, guiding prices back to the newly established resistance level at 1.080.
by TradeSelecter
Bitcoin(BTC/USD) Daily Chart Analysis For Week of Nov 8, 2024Technical Analysis and Outlook: According to the analysis of the Bitcoin daily chart for November 1, the "Interim Rebound" in Bitcoin has effectively concluded its second stage. This stage occupies the mid-zone of the rally's rebound extension, with the primary target being the Inner Coin Rally mark at 78,500. This movement corresponds with the Outer Coin Rally 81000 and the Main Outer Coin Rally 92000, as projected by TSS in their long-term bullish forecast. However, a potential pullback is anticipated to fulfil the Reignited and Primary rebound criteria.
BITSTAMP:BTCUSD
by TradeSelecter
S&P 500 Daily Chart Analysis For Week of Nov 1, 2024Technical Analysis and Outlook: During the current trading session, the S&P 500 index exhibited considerable weakness by completing the Inner Index Dip at 5733, in conjunction with the Mean Support level of 5798, while leaving the gap by not reaching the secondary Mean Support level of 5700. This development of fulfilling the gap will likely stimulate a significant rebound toward the Mean Resistance level of 5775, with the possibility of further extension. The 5700 support level is critical for facilitating a primary recovery and advancing into the subsequent phase of the bullish trend. However, it is imperative to acknowledge that achieving and penetrating the 5700 level could instigate a downward spiral in price action to Mean Sup 5620.
SP:SPX
by TradeSelecter
EUR/USD Daily Chart Analysis For Week of Nov 1, 2024Technical Analysis and Outlook: The Eurodollar surpassed our Mean Resistance level of 1.083 during this week's trading session, demonstrating enough strength to initiate a robust interim rebound. However, ongoing selling pressure has pushed the Eurodollar back down to our Mean Support level of 1.083, which now acts as the inverse of the previous resistance. The Euro will likely decline further, potentially hitting the Inner Currency Dip of 1.075 through Mean Support at 1.078. This price action will be significant and trigger an interim rebound to the newly established Mean Support level of 1.082.
by TradeSelecter
Bitcoin(BTC/USD) Daily Chart Analysis For Week of Nov 1, 2024Technical Analysis and Outlook: According to the analysis of the Bitcoin Daily Chart for October 25, the "Interim Rebound" in Bitcoin has successfully concluded the Main Inner Coin Rally at 73300. It has subsequently retraced to the support level of 69400. This level represents the inverse of the previously completed Inner Coin Rally at 69400. We anticipate initiating a primary rebound, which is expected to support a recovery that will retest the Key Resistance at 73200. This movement will align with the completion of the Main Inner Coin Rally at 73300 and may lead to further progression into the next phase of the bullish trend, designated as the Next Inner Coin Rally at 78500 and beyond. Conversely, we project a potential additional pullback to satisfy the criteria of the newly established Inner Coin Dip at 66200.
BITSTAMP:BTCUSD
by TradeSelecter
S&P 500 Daily Chart Analysis For Week of Oct 25, 2024Technical Analysis and Outlook: During this week's trading session, the S&P 500 index exhibited notable weakness by falling below the Mean Support level of 5818 and subsequently establishing a new Mean Support at 5798. This development will likely prompt a decline toward the Inner Index Dip at 5733, with a potential extension to Mean Support at 5700. This support level is critical for enabling a primary recovery and advancing into the next phase of the bullish trend. Furthermore, it is essential to recognize that achieving levels of 5833 and 5700 may result in a rapid upward price reaction.
SP:SPX
by TradeSelecter
5
EUR/USD Daily Chart Analysis For Week of Oct 25, 2024Technical Analysis and Outlook: The Eurodollar has experienced persistent bearish sentiment during this week's trading session, demonstrating insufficient strength to initiate any interim rebound. The prevailing selling pressure has lowered the Eurodollar to our Mean Support level of 1.079. A temporary rebound led to the reversal of the previously established Inner Currency Dip at 1.083, which currently stands as Mean Res 1.083 and might serve as the Interim Rebound's first stage. The Euro appears poised for further decline, potentially reaching the inner currency dip of 1.075, which remains notably significant and triggers second stage Interin Rebound to Mean Sup 1.078.
by TradeSelecter
Bitcoin(BTC/USD) Daily Chart Analysis For Week of Oct 25, 2024Technical Analysis and Outlook: As stated in the Bitcoin Daily Chart Analysis For the Week of Oct 18, the Bitcoin ''Interim Rebound'' completed our Inner Coin Rally of 69300 and retreated to the Mean Support level of 66800 and interim squeeze extension of the Mean Support of 65300 in this week's trading session. Currently, we anticipate the onset of a primary rebound, which is expected to facilitate recovery and further advancement into the subsequent phase of the bullish trend.
BITSTAMP:BTCUSD
by TradeSelecter
EUR/USD Daily Chart Analysis For Week of Oct 18, 2024Technical Analysis and Outlook: The Eurodollar experienced sustained bearish sentiment again during this week's trading session, with the prevailing selling pressure completing our Inner Currency Dip of 1.083. A transient rebound is in progress to the Mean Res 1.090. However, considering the current bearish price action, the probability of further declines to the support level of 1.079 and the next Inner Currency Dip of 1.075 remains substantial.
by TradeSelecter
Bitcoin(BTC/USD) Daily Chart Analysis For Week of Oct 18, 2024Technical Analysis and Outlook: The Bitcoin ''Interim Rebound'' rammed through our Mean Res 66300 and Inner Coin Rally 67000 and rested at our Mean Res 68500 in this week's trading session, and it is currently poised to hit Inner Coin Rally 69300. A breach of this critical price level will catalyze a movement towards the all-time prices marked as Key Res 73200 and the completed Main Inner Coin Rally 73300. However, on the downside, the interim bearish sentiment may lead to a decline in the coin's price value to the Mean Support level of 66800 and possibly the Mean Support of 65300. Only then will the primary recovery and advancement into the subsequent phase of the bullish movement be realized.
BITSTAMP:BTCUSD
by TradeSelecter
BTC Testing Bull Flag Resistance at $68,000Market Overview: Bitcoin (BTC) is currently testing the upper resistance level of its bull flag formation around $68,000. Recent price action shows a higher high compared to the previous highs from late September and August, confirming a bullish trend on higher time frames. Key Levels to Watch: Resistance: $68,000 (bull flag top) Target: $70,000 (next psychological level) Outlook: Given the upward momentum, BTC is likely to consolidate in the $68,000 range for a few days before attempting a breakout. A successful move above this resistance could pave the way for a test of the $70,000 level. #BTC #Bitcoin #PriceAnalysis #BullFlag #CryptoMarket
BITSTAMP:BTCUSD
by Richtv_official
XRPUSD Shows Bullish Momentum, Eyes on $0.65 ResistanceMarket Overview: XRPUSD is bouncing from strong support at $0.502, signaling demand in that zone. Since the July lows, XRP has formed higher-lows and higher-highs, indicating building bullish momentum within an upward channel. Key Levels to Watch: Support: $0.502 (recent bounce) and swing low for potential stop loss placement. Resistance: $0.65, with potential for further upside if convincingly breached. Outlook: XRP's shallow pullback from the $0.65 resistance and the holding of key support levels suggest underlying strength. If $0.65 is broken, the bullish case strengthens, with room for more gains. #XRP #CryptoTrading #PriceAnalysis #SupportAndResistance #BullishMomentum
BITSTAMP:XRPUSDLong
by Richtv_official
S&P 500 Daily Chart Analysis For Week of Oct 11, 2024Technical Analysis and Outlook: In the previous week's Daily Chart Analysis for the Week of October 4, it was observed that the index maintained considerable strength at the Mean Sup 5700 on Monday. The remaining days of the weekly trading sessions have demonstrated substantial and vigorous progress, surpassing the previously completed Inner Index Rally at 5763 and its progress towards the Outer Index Rally at 5840. The upcoming trading session will demonstrate further sentiment regarding the bullish sentiment to hit the 5840 target. However, recognizing that achieving the 5840 mark will incite a volatile downward price action is crucial.
SP:SPX
by TradeSelecter