NASDAQ Rejected on the 1hour MA50 but bottom is in.Nasdaq / US100 is trading inside a monthly Channel Up.
Despite getting rejected today on the 1hour MA50, the Higher Low at the bottom of the Channel Up has been priced in.
This is a good buy opportunity. Target 20350 (the 0.618 Fibonacci level).
Previous chart:
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Trend Analysis
Pullback to $65K and then long to $85K Here's what I see for BTC. BTC retraced to the 61.8% Fib of the Jan. 2024 - March 2024 bullish leg and dipped slightly below $50. It has broken out of this giant bull flag, created a double top and I expect it to retrace back to around FWB:65K , maybe slightly lower , before it finally moves higher, all the way up to $85K. As you can see I've marked the FVG / imbalance (blue box) which is between $63K- FWB:65K and I'm waiting now for it to get filled.
#NEAR (SPOT) entry range( 3.600- 4.800)T.(16.300) SL(3.423)BINANCE:NEARUSDT
entry range( 3.600- 4.800)
Target1 (7.230) - Target2 (11.700)- Target3 (16.300)
SL .1D close below (3.423)
*** collect the coin slowly in the entry range ***
*** No FOMO - No Rush , it is a long journey ***
**** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #Voxel #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA #SC #JOE #RDNT #IQ #CFX #BICO #CTSI #KMD #FXS #DEGO #FORTH # AST #PORTAL #CYBER #RIF #ENJ #ZIL #APT #GALA #STEEM #ONE #LINK #NTRN #COTI #RENDER #ICX #IMX #ALICE #PYR #PORTAL #GRT #GMT # IDEX #NEAR ***
Gold on slide aftermath / Medium-term Buy orders closed with TGNew meta: As it was evident recently on my commentaries, I have been engaging Medium-term Buying orders (#2.0 and #3.0 Volumes) #3 times in a row now and first two times it was sharp #100-point Profits. Previous two orders were engaged on #2,712.80 and since #2,790.80 was Fibonacci Ultimate Top's I have decided to close both of them there / delivering #78-point Profit on both of orders. I could officially await #2,800.80 benchmark or more however I took a safe path and closed my orders with #78-point Profit on both of them / Highly satisfied however since Elections are approaching, I will not make any more moves since Elections can finally deliver certain Selling action on Gold (as markets may have some confidence after voting) which may cause safe-haven assets such as Gold to lose and riskier assets to gain on Medium-term.
Intra-day / Short-term: The #2,772.80 former strong Support now turned in Resistance was crossed and Gold was Technically ready to accomplish new local Low’s (major break-out I announced if it gets invalidated). This will be essentially a Higher High's Lower zone first on Descending Triangle validating my expectation of an #10 to #15 point Trading range (Rectangle) on however aggressive pace for the next #1 - #2 session horizon. The (#1W) Weekly candle is now at (# +1.05%) and the week will most likely close on a positive note following last candle's (# +2.28%). I will take advantage of the Higher High’s Lower zone, giving distinguished Buying order within this relief rally / Bullish Intra-week cycle and Profit on wide timeframes for reduced Risk as I still maintain my Buying order (Buying every Bottom) which I engaged on #2,735.80 (ideally I expect to close the position above #2,752.80 benchmark). Keep in mind that this is NFP session as I am looking at #2,727.80 test initially if NFP delivers upside surprise.
My position: As discussed above, I do expect upside surprise on NFP announcement and if that's the case, Gold may spike towards #2,727.80 Support zone in extension. I will close my current Buying order as Higher as I can and will look to re-Sell Gold ahead of NFP numbers. Overall another excellent week.
LUNC/USDT 4H Analysis
Currently trading within an ascending channel, LUNC/USDT has recently tested the channel’s lower boundary, with the 100 and 200 SMAs nearby providing potential support. The MACD is bearish, with the line below the signal and negative histogram bars, indicating downward momentum. However, the Stochastic Oscillator shows oversold conditions, suggesting a possible bounce from the current level.
If support holds, we could see a reversal toward the upper channel boundary. A break below the channel and moving averages, however, may signal further downside. Key levels to watch: channel support, 100 & 200 SMA, and Stochastic crossover.
#LUNC #Crypto #TechnicalAnalysis
EURO - Price can move up to resistance level and continue fallHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
A not long time ago price entered to falling channel, where some time declined near resistance line of channel.
Later it bounced and fell to support line of channel, but soon backed up to resistance line, after which continued to fall.
Soon, Euro broke $1.0840 level, which coincided with resistance zone, and exited from falling channel.
Then price started to trades inside flat, where it declined to support area and then bounced up to $1.0840 level.
After this, price made a correction and then backed up to this level, but recently started to decline.
In my mind, EUR can make movement up to resistance level and then continue to fall to $1.0765
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Solana: Going Up vs Going Up (6X Short Incl.)There are two ways to see prices going up:
1) Going up within an uptrend, this produces and advance.
2) Going up within a downtrend, this ends in a new drop.
1a) The first going up, bullish, always tends to end in a higher high compared to a previous price peak on the chart.
2a) The second going up, bearish, tends to end in a lower high compared to previous price peaks on the chart. Sometimes the second going up can produce a higher high in the form of a double-top before resuming to produce a new drop.
➖ Between October 2023 and March 2024, we have the first going up. A bullish impulse and this produces an advance. Higher highs with each move.
➖ From the March peak SOLUSDT produces a drop that ends in April 2024. There is a going up here of the second type, the move ends in a lower high and produces a new drop.
➖ There is another low set in August and the current going up is of the second type, within a lower high with really low volume. After 87 days of bullish action we have no new highs. For Solana to produce a new high here it needs to grow by an additional 10% or up to 20% if we count the bigger chart structure.
I am bearish on Solana because of this dynamic and a low volume rising wedge. Bitcoin just hit a new high but not one of these pairs are moving ahead.
➢ When Bitcoin peaked in March, everything was booming; this is a bullish impulse, a strong advanced.
➢ When Bitcoin is peaking today, everything is dead; this is bull-trap before a crash event.
This is the last call, here you have the full trade-numbers for SOLUSDT with 6X.
✴️ Solana PREMIUM Trade-Numbers Pt. 2, 6X SHORT—378% Potential
The trade-signal hit one target and moved back to entry price. The numbers are good now.
Thank you for reading.
Your support is appreciated.
Namaste.
Btc otw for new highBitcoin Hits My Buy Zone
BTC has reached my buy zone, located between the 0.382 and 1.618 Fibonacci levels from wave A. My targeted buy range was $70,800 - $70,150. Now, I expect it to gradually start moving upward. I have three targets for this move:
TP 1: $74,100
TP 2: $74,500
TP 3: $75,000
Disclaimer:
⚠️ This is not financial advice! All information provided is for educational purposes only. Always conduct your own research before making any investment decisions. Trading carries a high risk and may result in the loss of capital.
$HIMS : YOU DON'T OWN ENOUGH OF THIS NAME HEADING INTO EARNINGS!NYSE:HIMS WHY YOU SHOULD BUY BEFORE EARNINGS.
In this video, we talk about:
1.) Why the stock is crashing
2.) Why everything on the Technicals/ Fundamentals point to a STRONG BUY.
3.) My earnings prediction & fair value
Thanks for watching! I know it was a longer video, but I always want to be thorough.
Comment below if you like this type of content or if your not a fan of videos and rather have posts.
NASDAQ:SOFI REPEAT INBOUND!
NFA
#BuyingOpportunity #BuyTheDip
Avalanche: How To Approach The Altcoins Market Now!I am seeing some interesting developments across the market. It is getting closer by the minute; the end of the correction, the start of the next bull-market.
As soon as the bottom hits, this can be considered ultra-bullish. Many pairs are good now and some are even growing because the market is really big. So it is usual to see some projects move ahead of the pack. This is the exception and not the norm.
The biggest projects look kind of shaky even while trading low, something like Avalanche.
AVAXUSDT already went through a strong correction. But if you look at the current price line and where it stands in relation to the past, it is the same level from December 2023, prices were rising in those days and there is no support here.
The next logical level is between 18 and 20. This is the level at which AVAXUSDT traded in November 2023 and there is indeed some support and it is also the 5-August 2024 bottom low. This level can be easily tested on a drop.
Now, will it break or will it recover from this level?
I am speculating in many cases that it will break, because of the chart signals but, this doesn't have necessarily to happen. Many pairs can produce higher lows rather than lower lows, that is, they can find support at the August low and recover from there. It really depends on how strong the bears are.
Others will definitely move to produce lower lows —break the most recent low— and test the September/October 2023 consolidation support range; many pairs, the smaller ones, are already at this point.
Only a small variation is present, either a lower or higher low but no doubt as to what happens next, maximum growth.
In 2025 we go green, we grow and grow strong. No doubt about that. 100% clear, sure, certain.
There is no need to catch the true top on a bullish wave;
There is no need to catch the perfect bottom on a bearish wave.
Near top and near the bottom is more than enough.
The top/bottom tend to be active for just a few hours usually and then the market turns.
So plan now and prepare now just thinking of two months into the future, the market will be green.
If you ignore the short-term and the price swings, you are sure to win.
No margin, no leverage, no risk.
Namaste.
Solusdt adjusted: Selling & bottom catching strategySolusdt on the 4 -hour frame shows a strong adjustment after the previous price increase. The price has broken the trend of increasing trend, and is currently fluctuating under an important resistance area around $ 170. This shows that the increasing motivation has weakened, and the high likelihood of SOL will continue to adjust.
Important levels:
Short -term resistance: $ 170 - $ 172, is the area where the price may have a selling pressure if recovered.
Nearly support: $ 165.07 - where prices can be found short -term support, if breaking, the possibility of price will continue to decrease.
Important support: $ 154.16 - strong support area, maybe the waiting point if the price drops deep.
Short trading strategy:
Sell strategy (Sell): Consider selling commands at $ 170 - $ 172 resistance if the price recovered, with the goal of closing profit at $ 165.07 and $ 154.16.
Buying strategy (BUY): If the price drops in a deep support level $ 154.16, the purchase order may be considered when signs of turning on this area.
USDJPY continues downtrend from 153.06Looking at the USDJPY chart on the 4-hour time frame, we have a clear uptrend in a parallel price channel. However, the market is showing signs of weakness as it approaches the resistance zone near 153.067. This could be a potential turning point with the possibility of a sharp correction to the downside.
Detailed technical analysis:
Main trend: The chart shows USDJPY is in an uptrend channel, however, the price has started to break the lower channel line. This shows that selling pressure is increasing as the price approaches the resistance zone of 153.067.
Resistance & Support: The 153.067 area is a strong resistance zone, and if USDJPY fails to break above it, there is a high possibility of a correction to the support levels below.
Correction targets: There are two major support targets if the price continues to decline:
Target 1: Around the 151.000 price zone, where there is short-term support. If the selling pressure is strong, this is the first area that the price can test.
Target 2: Around 149,000, stronger support. This is the area where the price can correct deeply if there is a strong selling wave.
Trading strategy: If you are looking for a selling opportunity, consider selling when the price touches the 153,067 area and fails to break through. Set the first profit target at 151,000 and the second target at 149,000. This requires patience and close monitoring for signs of strong price declines.
GOLD - Price can little correct and then bounce up to $2825Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Not long ago, price bounced from $2665 support level and fell below it, after which it started to grow inside rising channel.
In channel, Gold broke $2665 level one more time and later rose to resistance line of channel, after which made little move down.
Then Gold rose to $2755 level, after which bounced down to support line of channel and then continued to grow.
Later price made a gap, after which fell back to support line and then bounced up, breaking $2755 level.
Price a little rose, after which it started to decline, so, in my opinion, Gold can little decline.
After this movement, price can turn around one more time and then start to grow to $2825 resistance line of channel.
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Top 5 Weekly Trade Ideas #5 - NVDA Broadening WedgeNVDA has been consolidating after making a new ATH and pulling back. Here on the 4hr we have a broadening wedge and a bounce at $131.50. Key area is gong to be right around here to all time high. Bullish above and bearish below. Quite bearish IMO if it breaks below the wedge and below $131.50.
$131.50 is a great spot to long at or short on a break. ATH may be a good short, but I'd like to see the trend break with a new lower low before shorting given the strength of this stock.