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Uptrend

DOT on the brink of a major breakoutHi all, DOT is usually trading below the radars of the big cryptocurrency influencers although it is already proven to be superior with its all technical advancements and future implementation as outlined in the roadmap. But this is not a pro-Polkadot post, so I will keep it simple. 1. Long-term downtrend - broken. 2. 21-EMA - flipped 3. $6-$6.2 horizontal resistance - broken. What is next is the $7 mark, which is where the next major multi-timeframe resistance and former support area is situated. Additionally, it is the last high the token made on the weekly timeframe, which makes it important for the mid-term bullish reversal scenario. Lastly, that level was when DOT was initially halted back in 2020 triggering a 40 percent correction, so it is a sensitive one with a lot of trading activity around it. I'm pretty convinced a clean breakout here will result in a major push towards the $9-$10 zone. Let me know what you think in the comments Regards
Long
by FutureBlockchain
US100 Daily analysisHi Traders Todays analysis on US100, on the daily chart. You can see that price made a huge double bottom, made up from 2 separate double bottoms as ssen in the chart. This is a strong trend reversal, and leaves us open for a possible long swing trade. Price has made the double bottom and made the first push up, as you can see, the previous daily close gave us a strong engulfing going long, after 2 bearish sticks, signaling a retest of the double bottom pattern, which 9 times out of 10 will send you rocketing to confirm the market reversal
ULong
by faddy
USDCAD USDCAD AM GOING TO BUY AT 1.33716 SL1.32475 TP 1.41661 USDCAD has come to the low low zone which was made at 2nd JUN to 1st JUL 2003 now we are trying to break the support zone which has been retesting since 1 NOV 2022 to JAN 2023 so its a strong zone. second confirmation is on daily timeframe which trending line has been broken and retest on 11 NOV 2022 which gave me a strong confirm is a strong buy. when i add another trend line about it is becomes symmetrical triangle which is bullish triangle. USDCAD is going to shoot up to the resistance which was made on 1 JUL 2003 it has been tryed to been broken since 1 JAN 2016 and 2 MAR 2020, if it breaks the resistance am going to wait to retest it so that i can enter a trade.
Long
by UnknownUnicorn13971156
1
Long S&P500S&P500 tapped its major uptrend supports last week and is holding above them. Great time to go long. It's quite unlikely to go much lower. Targets are around 4500 if/when the first major downtrend breaks (likely given the amount of short positions needing to cover). After that there is one last significant resistance above the last all time high around 4800. If that breaks, the S&P500 is poised for another mid 1990's or mid 1950's bull market that will eventually lead to the type of bear market everyone is predicting now (I wouldn't start looking for a 50% crash until around 2030). EUR/USD hit major support and is likely headed much higher. This means the dollar index is likely done rising. With the dollar falling, assets are likely to become less correlated and stocks can get back on their uptrend. Good luck out there!
SP:SPXLong
by bwy
3