Crude Oil daily time frame - potential Ascending Channel Crude Oil Futures (CL1!) – Daily Chart Analysis (Feb 11, 2025)
📉 Market Structure:
Crude oil is trading within a broad ascending channel, with higher lows forming near $68 and resistance near $80-$82.
Price recently bounced from a key support zone around $70-$72, indicating demand in this area.
🔑 Key Levels to Watch:
Support: $70-$72 (previous resistance turned support)
Resistance: $78-$80 (previous strong rejection area)
Major Resistance: $82+ (upper trendline of the channel)
📊 Potential Scenarios:
Bullish Case: If price holds above $72, a continuation to $78-$80 is likely. Breaking $80 could lead to a test of the upper channel at $82-$85.
Bearish Case: A break below $70 could invalidate the bullish momentum, pushing price towards the lower trendline near $68-$66.
📌 Conclusion: Oil is in a consolidation phase, respecting key levels. Bulls need a breakout above $78-$80 for further upside, while bears would target a breakdown below $70. 🚀🔥
Volume
OMNOM. Bullish Pin Bar/Hammer.If CRYPTOCAP:BTC don't highly dumping, $OMNOM could return to trading range within a few weeks breaking a three-month downtrend which is about 70% . Return to the previous local high is 1,100% . Also, we can interpret this candle as a Bullish Pin Bar with some consolidation or a Hammer. Here, sellers could lose control over the price and there is a high probability that we will see a trend change.
Breakout Stock Nettlinx Limited is showing strong technical momentum, emerging as a breakout stock with increasing volume and bullish price action. The stock has breached key resistance levels, signaling potential for further upside. The recent breakout indicates strong buying interest, making it a stock to watch for momentum traders and investors. As always, risk management is essential, and investors should track price movements closely. 🚀📈
Bullish behaviour on ADBE stockIt looks like, after half a year of retracement, Adobe Inc. stock (Ticker NASDAQ: ADBE) is now setting up for longs again.
On the gap-down daily bar following the December 11th 2024 earnings report, professionals bought. Then, over December and January 2025, more buying can be seen. It has to be noted that recent professional activity took place around the previous level of support ($433.97) which adds to the strength. By January 10th supply has been absorbed, in February the price pushed above the support level and has been tested with relatively low volume creating conditions for the move up.
Today's bar is a positive reaction to the recent testing and might be the beginning of the rally towards $566.79 - $576.30 with minor resistances around $482.66 - $489.52 and $541.74 on the way.
At the same time, as we've seen a high volume around the support level (January 27th, 28th and 31st bars), there is still the possibility of its re-testing and the beginning of the rally from there.
1000BONKUSDT: Ready for a Breakout?
🔥 **1000BONKUSDT.P** has been consolidating under resistance for a long time, accumulating liquidity. The price has tested **0.017630 USDT** multiple times, and whales are clearly building positions. The question is: will we see a breakout, or will there be another dip before the pump?
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🔑 **Key Levels:**
**Support:**
**0.017630 USDT** — Major demand zone. A breakdown below this level could trigger further declines.
**0.016800 USDT** — Last defense for bulls to maintain the uptrend.
**Resistance:**
**0.018481 USDT** — Initial liquidity zone, where a local rejection may occur.
**0.019000 USDT** — Key level that, if broken, opens the way to 0.020 USDT.
**0.024379 USDT** — Ultimate target where large players might start taking profits.
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🚀 **Trading Strategy:**
**Entry Points:**
- Long upon breakout of **0.018481 USDT**, confirmed by volume increase.
- Alternative entry on a retest of **0.017630 USDT**, provided support volumes increase.
**Stop-Loss:**
- Below **0.016800 USDT** to avoid liquidity grabs before the potential move up.
**Take-Profit Targets:**
**0.019000 USDT** — Partial profit-taking, securing position.
**0.020000 USDT** — Major target if momentum follows through.
**0.024379 USDT** — Ideal scenario if a strong impulse move occurs.
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📈 **Market Analysis:**
Price has been consolidating near resistance, suggesting an impending breakout.
Large orders in the order book indicate whale activity.
Volume is starting to pick up, signaling a potential phase transition.
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💡 **Conclusion:**
1000BONKUSDT.P is at a decisive moment. A confirmed breakout above **0.018481 USDT** could lead to a strong bullish move. However, if another fakeout and dump happen, it's time to reassess. What’s your take—ready for the pump? 🚀💬
BTCUSD: Accumulation or Distribution?📉 The price dipped below EMA 50/200, likely triggering stops from retail traders. However, the low selling volume suggests large players might be accumulating liquidity at lower levels.
📊 Key levels to watch:
🔹 Break above 98K-100K with strong volume → Confirmation of Markup Phase (bullish continuation).
🔹 Drop below 90K with high volume → Potential Markdown Phase (distribution & further decline).
Volatility is rising. Stay cautious.
A Harmonic on Richtech Robotics? RRThis is another scenario in an otherwise bullish picture, technically speaking. Early days if the D in the XABCD is really forming, so like with most things time will tell. Fibonacci cluster levels show some static trading targets. In practice we never use static targeting in our trading.
Contemplating a Pivot on Dell. DELLPivots, like fades are inherently more risky, but they must always be in the gameplay of any serious trader. They can be potentially very rewarding when they do eventuate and pose lost opportunity if ignored. We generally like at least five factors from five different perspectives to consider a position. Let's see how many this one has.
1. Momentum divergence (not the only one) on Jurik RSX
2. Volatility divergence on VZO plus offset
3. Cross of upper end of MIDAS envelope. Midas formula is based heavily on volumes.
4. Cross of both VZO and Ehlers Stochastic/RSI. This is not the vanilla Stochastic RSI calculation, after Ehlers rethought the indicator.
5. vWAP is now a support, but price action is not over extended beyond one sigma range.
There are more factors that can be put on the list, but this is not a competition - just a simple take on a stock. Manage your risk -trading is not gambling.
Divergence Trading Explained For Beginners -DAX Pullback TradeTrading divergence in the Forex or Stock market can be an important tool. Learn how to identify divergences & practically apply them to your technical analysis to increase your edge & profits in the financial markets.
In this video you'll learn
What is a bullish and bearish divergence
How to use divergence to spot potential reversals in the market
How to use volume to identify key levels of reversals
How to measure out a "Kill Zone"
What are tweezer tops & tweezer bottoms & why they are important
How to use the Fibonacci retracement tool
How to use the Relative Strength Index (RSI Indicator)
Your Trading Coach - Akil
#COPR Egyptian stock#COPR time frame 1 DAY
created a bullish Gartley pattern
Entry level at 0.358 to 0.33
Stop loss 0.31 ( loss may go to up 11% )
First target at 0.455 to 0.485 ( with profit around 32% )
Second target 0.544 to 0.656 ( with profit around 55% )
Third target 0.617 ( with profit 70% )
Hight expectation with stop loss more than 11%
the positive thing here is MACD created a positive diversion with low volume at last 3 weeks .
NOTE : this data according to time frame I DAY , it`s may take period up to 3 months to achieve targets , you must study well the Alternative opportunities before invest in this stock .
Its not an advice for investing only my vision according to the data on chart
Please consult your account manager before investing
Thanks and good luck
Breakout for MGO Global Inc. MGOLA nice gapping breakout, crossing every indicator line on the price chart on the background of momentum %pct divergences. This one could go far.
A small BTC longI entered a long position on BTC at 96,003.8, buying at the bottom of a 1H/4H order block. The confluence between these timeframes suggests strong bullish potential, as price often reacts positively when multiple timeframe order blocks align. My Take Profit (TP) is set at 97,151.0, while my Stop Loss (SL) is at 95,452.0.
Despite the bullish setup, I’m cautious because there’s a 4H Fair Value Gap (FVG) sitting right above my order block. This FVG could act as short-term resistance, limiting upward momentum. Given this, I’ve opted for a conservative TP to secure profits without overexposing myself to potential reversals.
Shorting BlackRock Back to Stone Age. BLKEllioticians will have fun with this one, because this is a debatable chart wave-wise. Now what else is going on here technically? Volumes, volatility stochastics and momentum are downgoing. Bollinger Bands are no doubt showing something bearish undergoing as well. US/vWAP cross and resting above candles as well. This is a constellation that can't be not taken seriously.
Reversal on Vertex Pharmaceuticals. VRTXMean reversion strategy in a fade for the most recent rally. Here, we are betting that the rally, now in OBOS, will not cross the most recent high of highs. More specifically, that the price action will not exceed one std deviation of the vWAP value. There are divergences on the indicators below to support trend weakness, and historically nothing stays in OBOS too long. Ellioticians may appreciate a flat forming now.
Long term $180-$190 target. More downside likely short term.I think short term we can see a final push down. Company has way to much in OP EX and once it can figure out how to remove/cut the amount in half, this stock will show to investors that it has a plan for long term profitable growth.
Question is, which earnings report will it be and/or will they release news on lay offs once unemployment really spikes.
BUY THIS STOCK IN MY PINK ZONE AND HOLD 2-5 YEARS.
my main concern right now is AI hype flushing down and/or there cash on hand and free cash flow continues on its down trend...
Starting a Bitcoin Analysis Series – February EditionI’m kicking off a Bitcoin analysis series for February , where I’ll be sharing quick and to-the-point updates on the Bitcoin chart throughout the month. Alongside that, I’ll also post my trade ideas as they develop. The goal is to stay on top of the price action and navigate the market with clear, structured setups.
I might not be able to catch every single move, but I’ll do my best to cover the most relevant ones. Hopefully, this will lead to some solid trades and strong results. At the end of the day, it’s not that complicated—you just have to trade what you see .
Looking forward to an exciting month in the crypto market!