Bitcoin(BTC/USD) Daily Chart Analysis For Week of Jan 24, 2025Technical Analysis and Outlook:
During this week's trading session, Bitcoin has successfully achieved and completed a significant Inner Coin Rally at the 108000 level. This development indicates a probable pullback to the Mean Support level of 101300, with the potential for further extension to the Mean Support level of 98000 before a resurgence in the bull market may occur. Conversely, should this pullback not transpire, the currency may experience upward movement, retesting the completed Inner Coin Rally at 108000 and challenging the next Outer Coin Rally at 110000 and beyond.
Trend Analysis
QQQ Massive Short! SELL!
My dear subscribers,
QQQ looks like it will make a good move, and here are the details:
The market is trading on 529.65 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 519.17
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
SOLANA Bearish TemporarilySolana CRYPTOCAP:SOL broke trendline on 4h timeframe . Kickstarting a bearish move as seen.
It's diving past 50 EMA, heading for likely 100 EMA.
The price action is projected at $231.x in the short time, if 100 MA don't hold, next possible support price at $213 .
Stay alert!
A big move is brewing on this AI CoinAI the hypest narrative in the space today.
This coin has an interesting use case.
But most of all, the market cap is low enough for it to rip up.
The chart looks extremely bullish.
And perpetual funding rates keep oscillating into negative territory, possible due to large amounts of shorts piling in - meaning, a short squeeze is inevitable.
BTCUSDT ( BITCOIN ) TODAY'S MAPPING IN 4H TF MUST CHECK IT OUT Hello Guy's Welcome To Another Day Of TRADING
Here we are mapping chart of BTCUSDT ( BITCOIN ) in 4-Hour TF
Our chart shows Bitcoin's price moving within a triangle shape. The price is going up and down, getting squeezed into a smaller range.
What this means: The price is preparing for a big move, either up or down.
If it breaks up: The price might increase a lot.
SUPPORT LEVEL 103,500
2ND SUPPORT. 102,000
TARGET IS 106,500 - 108,000
If the price breaks above resistance, it’s a bullish signal. If it breaks below support, it’s bearish.
If it breaks down: The price might drop, possibly toward the orange zone (2nd support area).
Gold key levels with both buy and sell entries 12/01 to 17/01Gold key support and resistance levels for the coming week .
Ill look to enter a buy at 2692 monitering support and resistance levels to the upside.
For a sell my entry would be 2684 .
For Gold we have seen a rise after a strong drop , we have retraced from 2600 to 2690/91 area now we could see a correction to the downside again.
As always trade safe wait for levels and conformation of entry.
This is not finincial advice mearly shareing my technical analasis on gold for the coming week
Gold weekly swing trade target 632 pips buyBig week ahead with president Trump coming into office and on the first day he is expected to bring a lot of changes into law.
For this weeks trade we are targeting a pull back to the real resistance zone which is 2680 level.
Expecting a bounce from here to 2719 first then 2724 and lastly TP of 2744 which will give us a profit of 632 pips.
Trade is based on higher time frame analysis , Fibonacci levels and trend lines.
Important to take profit as the trade progresses by either taking partials or moving your SL to secure.
With these type of trades we need a SL of 50 to 70 pips so its important not to overleverage your account.
Ill update as the week goes on
Trade safe and check out my other charts on here .
seu/usdtIf this high-potential zero is stabilized in the determined range and creates a diver sex in Makdi and returns to the upward cycle and forms 123 and creates a hidden diver sex in Makdi, it can be entered by ending and having confirmation and move towards the goal with basic capital management.
GBPJPY is testing uptrend channel supportGBPJPY is testing a strong support line in the correction phase, which was formed inside the uptrend forming on the weekly timeframe. False breakout and price consolidation above the line indicates that buyers are trying to defend their limits. Ahead of the CPI report, if it is weak like yesterday's PPI, the currency pair may rise.
Scenario: The price consolidation after the false breakdown of the support above 190.6 191.0 will signal that the currency pair is ready to continue the uptrend and may show the price strengthening to 192.9 - 194.8.
CAPRI GLOBAL CAPITAL LTD SRSupport and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
20 EMA (Exponential Moving Average):
Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum.
Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.