$TLT WaitingI like NASDAQ:TLT down here. I'm looking for lower prices to add to my position from the Blue channel. This could end up being my largest position. Not yet though.
Trend Lines
BTCwe are currently at all time high and we can see a possible third touch of the trendline but a fakeout which look possible have occurred a break of the ctl i would be selling btc
GMTUSDT / 1D / LONGI think GMT in next weeks can reach higher levels and price is now near major daily support zone and soon we are expecting our target which is 0.160 $ to be hit.
EURNZDWe can attempt to buy EURNZD from specified level as it make HL , also 0.5 FIB level occur indicate that it moves upward.
SL , TP mention in chart.
GOLD → Background Change. Is it time for a correction?FX:XAUUSD is facing profit-taking and a strong correction after Thursday's news. From ATH, the metal is down 2% for the day. Today is an equally busy news day!
The stock and futures market declined quite a bit in yesterday's session. Most likely a reaction to rising inflation..... The data was quite unexpected. The election race is on the agenda. The main question is the pace of easing under this or that president.... At the moment the focus is on the NFP report, which will be released later Friday. It is expected that the economy added 109K new jobs in October and the unemployment rate is expected to remain unchanged at 4.1%.
Technically, gold is coming back under the strong 2760 level, this was confirmed by a retest early in the European session. The market may be interested in the imbalance zone and the approximate area of 0.5-0.7 fibo...
Resistance levels: 2758, 2771, 2789
Support levels: 2745, 2738, 2728
The fundamental background is changing and it is reflected in gold. The outflow of investments may continue. If the negative background intensifies, gold may fall lower after resistance retest, e.g. to 2724-2713. But, unpredictable data will renew interest in the metal, which may return to the range of 2760 - 2790
Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;)
Regards R. Linda!
$NYSE:GRMN Rebound After a Healthy PullbackNYSE:GRMN is setting up nicely after a pullback with heavy volume, the price action can be seen as a confirmation for an up trend.
The pullback happened after an analyst downgrade, but looking into the company financial health and future perspective, it rebounded quickly!
This can be a good opportunity for a long position.
Selling opportunity in Bitcoin?I don't know if the price will go up or down. But I think buying now in areas of multiple resistances is a bit risky.
Any divergence in either the MFI or the RSI indicating buying exhaustion, I believe it is a good time to sell. As happened on July 28th.
HelenP. I Bitcoin will break trend line and fall to support zoneHi folks today I'm prepared for you Bitcoin analytics. If we look at the cart we can see how the price fell firstly to support 2, which coincided with the support zone, and then at once rebounded up. After BTC rose a little, it turned around and fell to the trend line, and then started to grow, making a fake breakout of support 2. Later, BTC in a short time rose to support 1, which coincided with the support zone and even entered to this area, but soon turned around and dropped to the trend line. Soon, the price broke this line and then started to grow below the trend line, until it reached support 1, after which BTC rebounded down again. After the price made a correction, it turned around and quickly rose to support 1, broke this level, and continued to grow to the trend line. When the price reached this line, it broke it and then rose a little higher, but recently turned around and fell to this line. Now, the price is growing near the trend line and I expect that BTCUSDT will rise a little and then drop to the support area, breaking the trend line. That's why I set my goal at 69300 points. If you like my analytics you may support me with your like/comment ❤️
HelenP. I Euro will make small correction and continue move upHi folks today I'm prepared for you Euro analytics.A few days ago price entered to consolidation, where it at once reached the top part and then dropped to the 1.1040 level, which coincided with the bottom part of the flat with the resistance zone. Then EUR tried to grow, but failed and fell to the resistance zone, after which turned around and in a short time backed up to range. Later price rose to the top part of the consolidation again, where then it reached the trend line and then started to decline. Euro exited from consolidation, breaking the 1.1040 level, and continued to decline. In a short time later, the price fell to the support level, which coincided with the support zone. Soon, the price broke this level and some time traded between, after which rebounded up, breaking the 1.0810 level with the trend line. To this day, the price continues to grow, so, I expect that EURUSD will make the small correction and then continue to grow next. So, that's why I set my goal at 1.0975 points. If you like my analytics you may support me with your like/comment ❤️
Long on Us30 Im looking for a long on US30
This is for the new york open not the cpi news
the reason for my analysis is that we have broken out of a bullish rang
SPX rallies should be sold now. Move lower in SPX looks pretty impulsive, so I'd be looking for the 5770 to offer significant resistance now.
Technical Analysis of ADA/USDTIntroduction
In this blog post, we will analyze the trading chart of ADA/USDT to identify potential buying or selling opportunities. Technical analysis is a crucial tool for traders, helping to predict future price movements based on historical data and market patterns.
Chart Analysis
Trendlines
The chart shows two primary trendlines:
A descending trendline starting from the peak in April and extending to the current date, indicating a long-term downtrend.
An ascending trendline starting from the low in June and extending to the current date, indicating a short-term uptrend.
These trendlines form a symmetrical triangle pattern, suggesting a potential breakout or breakdown in the near future.
Support and Resistance Levels
Immediate Support: $0.3200, aligning with the lower boundary of the ascending trendline.
Secondary Support: $0.3000, a psychological level and previous support zone.
Strong Support: $0.2800, corresponding with a significant historical support zone.
Immediate Resistance: $0.3600, the upper boundary of the current consolidation range.
Secondary Resistance: $0.4000, near previous highs and a potential breakout target.
Strong Resistance: $0.4400, a major psychological level and potential profit-taking zone.
Anomalies and Divergences
Volume Analysis: The volume bars show a significant spike in July, indicating strong buying interest at that time. However, the volume has been relatively low since then, suggesting a lack of strong conviction in the current price movements.
Potential Breakout/Breakdown Points: The intersection of the descending and ascending trendlines suggests a potential breakout above $0.3600 or a breakdown below $0.3200.
Risk and Reward Scenarios
Bullish Scenario
Entry Point: On a breakout above $0.3600 with strong volume.
Stop Loss: $0.3400, just below recent support to limit downside risk.
Profit Target: $0.4000, aligning with the next major resistance.
Risk-Reward Ratio: Approximately 1:2, risking $0.02 to gain $0.04.
Bearish Scenario
Entry Point: On a breakdown below $0.3200 with increased volume.
Stop Loss: $0.3400, to protect against a false breakdown.
Profit Target: $0.3000, the next support level.
Risk-Reward Ratio: Approximately 1:2, risking $0.02 to gain $0.02.
Conclusion
The analysis of ADA/USDT reveals several key points for traders to consider. The identified trendlines, support, and resistance levels provide a framework for setting entry and exit points. The anomalies and divergences highlight potential risks and opportunities. By understanding these elements, traders can make more informed decisions and optimize their trading strategies.
US30: Volatile Day Ahead with Key Levels in FocusUS30 Technical Analysis
The price has reached our previously highlighted support level at 41,745, bouncing back toward resistance.
Currently, as long as trading remains below 41,970, we anticipate a downward trajectory toward 41,750, with further decline potential to 41,560 if breached. Additionally, news events are adding pressure to the outlook.
Bearish Scenario: Sustained trading below 41,970 may drive the price lower toward 41,750, and ultimately to 41,560.
Bullish Scenario: A break above 42,130 could reinforce a bullish trend, pushing prices to 42,290 and potentially to 42,450.
Today’s market is expected to be highly volatile due to the release of the NFP, Unemployment Rate data, and earnings reports, which will likely have a strong impact on indices.
Key Levels:
Pivot Point: 41970
Resistance Levels: 42130, 42290, 42450
Support Levels: 41750, 41560, 41350
Trend Outlook:
- Bearish by stability below 41970 and 41740
- Bullish by stability above 42130
- Consolidation 41970 and 41750
previous idea:
Buying opportunity in Bitcoin1. BTCUSD retested previous resistance and bounced back with strong candle.
2. It also respected the trendline as drawn on the chart.
3. It is also showing signs of bouncing from 200 EMA.
BTC $83k-$86k top, then down below $30k?I sold all of my crypto between May - July thinking we'd see a large correction. We did pull back to the GETTEX:48K level, but we didn't see continuation below that level. Now price is within MIL:1K of where I sold it and I now think we'll see the last move higher. So I'm starting to build exposure again.
If we look at the chart, CRYPTOCAP:BTC has been consolidating right below resistance.
I think we'll see one final move to FWB:83K -$86k, then we'll see the larger correction that I was anticipating below $30k.
Still don't think we see $100k BTC anytime soon. I think that doesn't come until 2026-2028.
I've started building exposure to CRYPTOCAP:BTC again and certain alts, specifically CRYPTOCAP:DOGE incase Trump wins as I think that'll be a catalyst to send price higher. I
I think alts will see one last move higher into early December before the whole market starts to correct.
Let's see what happens.
XAUUSD - Gold waiting for the release of the NFP index!Gold is above EMA200 and EMA50 in the 4H timeframe and is moving in its ascending channel. If the decline continues due to the release of economic data today, we can see demand zone and buy within that zone with a suitable risk reward. If the upward trend continues, it is possible to sell gold short-term within the specified supply zone.
Gold prices have surged significantly, reaching new records as the U.S. elections, a major and risky event, draw closer. It is expected that if the results deviate from expectations, particularly with a victory by Republican candidate Donald Trump, market reactions could intensify. This month, gold prices have risen by 5%, and since the start of the year, they have increased by 34%, ranking second only to silver, which has grown by 42.3%. These price increases have raised concerns about the sustainability of these gains and the potential for reaching a price peak.
Bloomberg reported that the U.S. jobs report for October is anticipated to show that the unemployment rate has remained stable, although storms and strikes have temporarily impacted hiring. It is estimated that the Non-Farm Payrolls (NFP) will drop to 105,000, down from the 254,000 increase in September. The range of expectations is quite broad, from a decline of 10,000 to an increase of 180,000. This report could complicate future decision-making for the Federal Reserve.
A stock market-based prediction model indicates a nearly 70% likelihood of forecasting the winner of the U.S. election. This model leverages a historical trend where the ruling political party’s chances of victory are reflected in the annual performance of the Dow Jones Index, boasting an exceptionally high statistical accuracy of 99%.
According to this model, when the Dow Jones Index has improved over the year, the incumbent political party has a better chance of winning. In this scenario, the incumbent party would refer to Kamala Harris, giving her a 69% chance of victory.
Based on this predictive model, stock market performance serves as an effective indicator for gauging the incumbent party’s chances of winning. The model points to the historical trend that if the Dow Jones Index has risen during the year, it suggests greater public confidence and a healthier economic condition, which benefits the ruling party.
Regarding gold, factors such as global macroeconomic conditions, the state of the U.S. dollar, and Federal Reserve policy decisions also influence its price. While markets await the jobs report and election results, analysts believe gold will remain attractive as a safe-haven asset during periods of political and economic uncertainty. Thus, if economic data falls short of expectations or political tensions increase, there is potential for further gold price gains.
However, experts warn that if prices rise excessively, a potential correction could follow. Investors will closely monitor the factors influencing the global economy and monetary policies to make the best decisions for investing in gold.
Gold- Where to sell for down continuationOver the past 10 days, I’ve consistently noted that OANDA:XAUUSD is primed for a significant drop, especially after its 2,000-pip gain over 20 days.
A strong correction is both healthy and expected.
Yesterday, after a brief new all-time high, Gold dropped sharply, declining roughly 600 pips from top to bottom.
Despite this correction, I believe there’s more downside potential ahead.
I’m planning to sell rallies, especially around the broken confluence support zone, where I’m watching for entry signals.
My overall target remains a drop below 2700, with 2690 as a strong support level to test.
DOGEUSDT Channel Breakout to the Up SideOn the daily timeframe, DOGEUSDT has broken and closed above the channel, signaling a bullish trend. Additionally, the price has moved above the previous high, indicating a potential shift in market structure. Last week, the market demonstrated strong bullish momentum by breaking out of the consolidation zone. Given these bullish indicators, the price may continue to rise, with the target being the resistance zone around 0.15860
BTCUSD Potential Trend ContinuationBTCUSDT has established a triangle pattern on the daily chart, which typically suggests trend continuation. This formation is taking shape just below the key psychological level at 70,000, hinting that the market might be gearing up for a breakout. The last weekly candle—a long-tailed bar—signals potential buying interest, reinforcing a possible upside. As we approach the monthly candle close, a close above September’s high could provide further confirmation of upward momentum.
In the short term, a pullback or a fake breakout of the triangle pattern may occur, potentially leading to a retest of the all-time high. The target is the resistance zone around 72,000
XAUUSD Up Trend ContinuationXAUUSD experienced a deeper pullback following yesterday's news release and has since bounced off a support level, signaling a potential entry into a consolidation phase. With another busy day of news events ahead, we could witness increased volatility and market spikes. The market may pull back further, potentially taking liquidity below the previous day's low and retesting the psychological level at 2700 before resuming its upward movement. The target is the resistance zone around 2770
Bitcoin Channel Breakout!BTCUSDT has finally broken and closed above the downward channel that has been forming since May. This move, when viewed in the bigger picture, resembles a bullish flag pattern, typically a trend continuation signal. We've seen a similar pattern recently in the gold market. After such breakouts, it's common for the market to lose some momentum and produce a pullback to retest the channel border and upward trendline.
Additionally, the price action is forming an AB=CD pattern, with the completion point expected around 72,000. This setup offers a strong opportunity for continued bullish movement. The target is the resistance zone around 72,500
TONUSDT Potential up SwingTONUSDT is currently moving sideways, hovering just above the psychological level of 5.00 and consistently bouncing off this key level. The price action is forming an inverse head and shoulders pattern, which suggests a potential upward move toward higher levels. Additionally, the market is testing the downward trendline, and a breakout above this line could signal the start of a bullish trend. As long as the price remains above 5.00, the expectation is for a continued bullish move. The target is the resistance zone around 5.520
Gold Long setupLooking for Gold to long as
1) i can see market creating a possible HIGH LOW
2) and we have a uptrend that i want to follow
