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AI ANALYSIS🔮 #AI Analysis 💰💰 🌟🚀 #AI was trading in a same range in 6hr time frame and gave a perfect breakout. Also the price retests it's important support zone perfectly. We are expecting around 40-45% gain in few days.📈 🔖Current Price --- $1.80814 🎯Target Price -----$2.55877 ⁉️ What to do? - We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #AI. 🚀💸 🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments. #AI  #Cryptocurrency #DYOR
Long
by ZEUS_Market_Alerts
DYDX - Ascending Channel PumpDYDX, observed on the weekly timeframe, is currently trading within an ascending channel. The price action reflects a consistent pattern of liquidity absorption, oscillating between the upper and lower bounds of the channel. This liquidity-driven movement suggests a recurring behavior of price navigating from one liquidity level to another. The anticipation is a potential retest of the lower channel boundary, particularly around the $1.9 level, before a breakout above the upper channel boundary. 🔄 Ascending Channel and Liquidity Movement: DYDX's price movement is structured within an ascending channel, highlighting a series of higher highs and higher lows. The intriguing aspect is the consistent absorption of liquidity, indicating a cyclical movement from one liquidity level to another. 📊 Liquidity Retest and Breakout Scenario: The analysis suggests a potential scenario where DYDX may undergo a retest of the lower channel boundary, particularly around the $1.9 level. Such a retest could serve as a liquidity absorption phase before a potential breakout above the upper channel boundary. 🚀 Key Levels to Watch: Upper Channel Boundary: The upper channel boundary serves as a key level for a potential breakout. A decisive move above this level could signal a bullish continuation. $1.9 Support Level: The $1.9 level is identified as the potential retest point for the lower channel boundary. Traders should monitor price action around this level for confirmation. 💡 Trading Strategy: Traders observing DYDX may consider a strategic approach involving the potential retest of the lower channel boundary around $1.9. Confirmation of support at this level, followed by a breakout above the upper channel boundary, could present favorable conditions for bullish positions. Risk management strategies, including the use of stop-loss orders, are essential. 🔮 Future Outlook: The technical analysis indicates the possibility of DYDX retesting the lower channel boundary around $1.9 before a potential breakout above the upper channel boundary. Traders should remain attentive to key levels and adapt their strategies based on real-time market dynamics. The cryptocurrency market's dynamic nature emphasizes the importance of flexibility and risk management in trading decisions.
by AlexWhale
Break, Retest, Confirmation with 4H Fib RetracementPrice tested the 4H Support which coincides with an Order Block and 0.5 - 0.618 Fib Golden Zone. Price is in an upward trend. It broke the 4H Resistance too. I think it will retest the 4H Resistance and head towards the Daily high at 161.444. After bullish candle confirmation on the 5 or 15 minute timeframe, I will enter a BUY and target 1:2. TP at 161.44. SL 159.557. If it breaks and retests the Daily high, it may head to the Weekly Resistance at 163.487. I will follow the above and wait for the retest and confirmation before entering a further Long. Alternatively, Take Partials at 161.444 and let it run to the next Key Level at the Daily Resistance. Always use proper risk management suited to your account size. Do not over leverage!
Long
by MsNelly
PEPE BULLISH after retest of KEY support!PEPE is targeting the daily level below. If price can stay above the daily level and golden pocket, after a breakout of the descending trend line, that would be #BULLISH in my opinion. I would then expect price to target the POC (Yellow line) 20% above then the next major resistance (Blue box) 45% above. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.
by Navitility
2
ASX Aims 8% HIGHERAXS is showing bullish price action. Price has moved up to the next major resistance level. Once we break this trend line, I will then switch my bias to bullish and look to enter a long. It is looking good after a sweep of the lows. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.
by Navitility
FTM Bullish After Breakout!FTM has broken out of the massive trendline and has now reclaimed the Anchored VWAP. if this bullish price action continues, we can see another 25% increase in price to the VAH. The POC is the next major resistance so if you enter a long that would be a great TP1. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.
Long
by Navitility
🥇GOLD - Why is gold likely to fall?GOLD may continue its decline as the metal is loaded on the resistance side. Bears are a bit stronger than buyers at the moment. The market continues to test support areas, which in all likelihood may lead to a decline in the medium term Reasons for further declines: 1) Downtrend 2) Dollar support, index is rising 3) Price is not updating highs, but updating lows 4) PDL retest is forming, another test may break the level 5) Capital flows to other assets, US Indices (dollar SP500), gold may fall even lower
OANDA:XAUUSDShort
by AndeWave