ENS USDT long positionObserving the current market dynamics, it is evident that the price has recently breached a significant resistance area. Presently, it is in the process of completing a pullback to that same area. Notably, there is a robust order block situated within this region, emphasizing its strategic importance. Furthermore, the 0.5 Fibonacci retracement level coincides with this area, adding another layer of significance. Considering these factors, my expectation is for a potential increase in price.
please follow and support for more analyses
Pullback
Buying $TAO Retrace with Fibonacci LevelsKUCOIN:TAOUSDT had an incredible move up last month, nearly 2x from the mid-300s to a high of $480.
We've hit a short term high, and seem to be in a consolidation phase.
How low will this go? Well, if we look at the Fib Retracement levels from the start of this run up to the recent high, we can identify three likely entry points:
$385
$360
$315
If you want to invest in Bittensor's innovative AI technology, you can buy at market price right now; or, you can set limit orders for the levels above, to DCA into your position.
Just keep in mind, the price may not reach these lows, and could turn bullish again at any monent.
If/when Binance lists this token, or Coinbase finally changes its flawed ranking on it, or a major tech company announces a partnership, this token could moon. 🚀
A BATTLE BETWEEN INTITUTIONAL BUYERS AND INSTITUTIONAL SELLERS1. Institutions sell huge quantities here so that the market is pushed down.
2. For the second time, again Institutions accumulate selling pressure here.
3. There is a battle between institutional buyers and institutional sellers in the market field.
4. The winning is almost on the sellers' side.
5. But what we have to wait is the buyers to act on it.
pivot + daily: jan 29, 2023day pivot + OTE ZONE
long
im kinda sleepy so i dont have the words right now.
it's just that the market just ticked towards the upside and i'll probably lose the short entry i had last time,
but hopefully not before allowing me to pick the market here first on this pullback(possible)
BITCOIN|Weekly roadmap and important areasHello guys, I hope you are doing well.
Let's go for the weekly bitcoin outlook.
We are in the 4-hour time frame of Bitcoin.
I have told you many times about the fall of Bitcoin to the $41,000 range, as we expected, the downward movement as a settlement reached the order block area.
We have to see how the price reacts at this level, if we see bullish signs, we can confirm to enter buying positions in smaller time frames.
For selling positions, it is better to wait when the price reaches the supply level (42,380-42,830) and look for selling positions until the target range of 39,000
If it breaks the supply area with a significant upward movement, we can look for sell positions in the next supply area (45780-46380).
In my opinion, it is unlikely that Bitcoin will be able to see the price of 47,000 again.
Because we can see in Dominance Tether that we had a descending channel in the four-hour time frame that was broken upwards and the pullback hit the support level and now it can move upwards well.
Pre halving BTC: institutional greed, chaos and orderWith less than 100 days remaining until the next halving, BTC has followed the projected trajectory. Given the buzz surrounding ETFs and the current market conditions, a pullback seems probable. The initial support rests at 36k, with the subsequent support at 32k. The initial support will probably uphold the price, so I'd suggest a 65/35 liquidity split between these two zones. Until the all-time high is broken, discussing the next bull run may seem premature, but it's important not to underestimate institutional greed and Bitcoin's inherent scarcity.
GOOGL Daily Launch PadGOOGL has been riding the 50 EMA on the daily for quite some time. After the late October shakeout down to the 200 EMA, GOOGL has looked very strong and been trending upwards in this accumulation zone. A clean break above $141 should send this to test the high at $150 and beyond.
TSLA Trendline RetestTSLA breakout failed to end the year but is now currently backtesting the trendline. It's been surfing the 200 EMA, and If that holds, this seems like a great risk reward spot to go long. A red to green open would provide a great entry. 5 straight days down and then a doji candle smells like a possible reversal as well. Initial Targets $250 $265
Solana (and Altcoins) Daily RSI Tells the Story!I continue to reiterate the point that our daily RSI is giving hints at what may continue to come for Solana and altcoins. Solana have been one of the strongest alts during this bull run and remains above our red ascending trendline while most others have fallen below. But just as with other altcoin charts, our lead indicator was broken supports on the daily RSI. Three of these big supports have now been broken below. However, on the price chart only two have been broken. Will that red ascending trendline become the third? My bet is "yes" based upon what the RSI chart is telling me, though, it may spike higher first following Bitcoin ETF approval news. If I am right about this pullback, I don't think Solana will find support until around $65 or so.
Zone of resistanceThe pair is heading to high resistance zone. It needs more consolidation to break it through. I think is goin to try a few times but it will end up pulling back to the blue line. I'll wait for some price action before open a short position. I'm keeping my eye on this one. Check out my related post about the dollar index lines below.
On the Bullish Road, DYDX has to stop at some station | LongBiasOn week chart
DYDX has grown through 1 year and reached to 4,363 on Nov 2023
Now, DYDX is pulling back to lower to accumulate awhile before going up
My view for this bullish around 6,3 that's #SupplyZone
DYDX has #Support around 2,17 this zone is #Apex between two trend lines
Time will tell