Wave Analysis
DOGE/USDT Weekly Chart Analysis $DOGE/USDT Technical Analysis
Current price : 0.34839 USDT.
Support: Best zone at 0.26430 USDT, secondary support at 0.18226 USDT.
Resistance/Targets:
T1: 0.415 USDT.
T2: 0.547 USDT.
T3: 0.7 USDT.
Buy near support levels, aim for the targets, and manage risks with stop-loss orders below 0.26430 USDT.
GOLD (XAUUSD): Bearish Outlook For Next Week Explained
Gold closed this week, retesting a recently broken
significant daily horizontal support - a lower boundary
of a wide trading range.
With a high probability, the price will drop from the underlined zone
all the way down to 2563 - the next important structure.
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SOLANA // phases of the long trendThe valid daily short countertrend has reached the weekly breakout, deep into the corrective space.
With H4 turning long, the market enters in the correction of the correction.
The next phases of the long trend continuation are on the chart.
———
We may not know what will happen, but we can prepare ourselves to respond effectively to whatever unfolds.
Stay grounded, stay present. 🏄🏼♂️
Your comments and support are appreciated! 👊🏼
GOLD → Short to medium term perspectiveFX:XAUUSD after breaking through the support and updating the local minimum is returning to the area of 2620-2625, fueling the hopes of the bulls for possible growth. But, the medium-term picture for gold is not stable. Let's understand
The strong dollar, which soared to local highs is a threat to gold going forward, as the Fed's hints of halting the rate cut course and adopting a hawkish stance on monetary policy has affected the market quite aggressively. There are 2 rate cuts pledged for 2025. Not to forget Trump's policies in general - the impact on rising inflation....
There are two interesting charts online that should not be overlooked:
Statistics play an important role in shaping prices, but it is worthwhile to base this on actual fundamental and technical data. You should not use these statistical charts as primary data, but you can take them into account. We will analyze the dollar in terms of cycles and possible reversal in the second half of January and further as Trump acts....
As for gold, technically, in the short and medium term, I expect the decline to continue for the following reasons:
- the bearish structure is confirmed
- a localized retest of the zone of interest and imbalance is forming before a further fall.
- The bearish trend has not broken within the framework of the December 10-13 movement.
- price updates local lows
We continue to follow the zones: 2631-2636 and 2650
Regards R. Linda!
AquaBounty Technologies, Inc. | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# AquaBounty technologies, Inc.
- Double Formation
* 4.00 USD | Completed Survey
* Retracement | (1) & (0.618)) | Subdivision 1
- Triple Formation
* LH & LL's | 012345 | Subdivision 2
* Retracement | Numbered, Method 1 | Subdivision 3
* Daily Time Frame | Trend Entry Bias | Short Set Up
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Sell
NZD-USD Growth Ahead! Buy!
Hello,Traders!
NZD-USD is falling down
But the pair is locally
Oversold and as we are
About to see a horizontal
Support retest soon
Around 0.5500 level we
Will be expecting a
Swing bullish correction
Buy!
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NZD-CAD Bearish Breakout! Sell!
Hello,Traders!
NZD-CAD is trading in a
Downtrend and the pair
Made a breakout of the
Key horizontal level
Of 0.8149 which is now
A resistance and the pair
Is now making a retest
Of the level so as we are
Bearish biased we will
Be expecting a pullback
And a further bearish
Move down
Sell!
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Check out other forecasts below too!
SEI USDTNYSE:SEI
#SEI Token is forming an ascending channel pattern on the daily chart💁♂️
Price is testing a strong ascending support line with increasing buying volume🔼
Currently holding above the ma 200 showing bullish pressure📈
A successful bounce could drive price towards targets at $0.465, $0.540, $0.645, and $0.725🎯
NDX Is Very Bearish! Sell!
Take a look at our analysis for NDX.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 21,287.68.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 20,340.94 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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EURUSD Is Going Up! Buy!
Please, check our technical outlook for EURUSD.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 156.354.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 157.858 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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SILVER BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
It makes sense for us to go short on SILVER right now from the resistance line above with the target of 29.057 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band.
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PNUTUSDT → Double bottom. One step away from a rally BINANCE:PNUTUSDT.P accumulates good potential for possible growth by 30-50%. After a strong fall (Dump), a reversal pattern appears on the chart.
Against the background of bitcoin standing still, pnut forms a double bottom and enters the rally phase. There is resistance at 0.75 ahead. If the coin can break this zone and keep the defense above the level, the coin can fly to 1.0 in the short to medium term.
Resistance levels: 0.75, 1.0
Support levels: 0.6
If the bulls can overcome the strong resistance of 0.75 and can consolidate above this area, we have a great coin with good upside potential. Primary target is 1.0, next targets are 1.15, 1.35.
Regards R. Linda!
AUD/USD BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
Previous week’s red candle means that for us the AUD/USD pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 0.639.
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(Update) !!! Bitcoin Analysis : Bull or Bear ? (READ)BINANCE:BTCUSDT
Currently, it can be said that Bitcoin has completed its fourth corrective wave and from now on, the price can be expected to rise to the top of the triangle.
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
bitcoinPrice Action Analysis:
Parallel Channel:
The chart is framed within an ascending parallel channel, which suggests an overall bullish trend. The price appears to respect the channel boundaries with multiple touches on the upper resistance and lower support lines.
The channel shows a clear Elliott Wave structure labeled with (A), (B), and (C) corrections.
Elliott Wave Pattern:
The internal structure of the price action is marked with corrective wave patterns (A)-(B)-(C), reflecting consolidation phases within the uptrend.
The current movement indicates a potential rebound near the lower boundary of the channel, suggesting the price might aim for a recovery towards the midline or upper boundary.
Support and Resistance Levels:
Support: The lower boundary of the channel acts as a key support zone. A recent bounce suggests this support is intact.
Resistance: The upper boundary of the channel is a significant resistance. Breaking above this level may lead to a continuation of the bullish trend.
Indicators:
MACD (Moving Average Convergence Divergence):
The histogram shows diminishing red bars, indicating weakening bearish momentum.
A potential bullish crossover is forming between the MACD and signal lines, which may support upward movement.
RSI (Relative Strength Index):
RSI is hovering around 42.78, indicating the market is neither overbought nor oversold.
A potential uptrend in RSI could signal bullish momentum in the near term.
Projection:
Based on the structure:
If the price respects the channel and completes the current (A)-(B)-(C) wave, the next likely target could be near the midline or upper boundary.
A breakout above the upper resistance may push the price towards new highs.
A breakdown below the lower support of the channel could invalidate the bullish scenario and signal a trend reversal.
Conclusion:
The chart suggests a bullish bias as long as the price remains within the ascending channel.
Traders may watch for confirmations of support at the lower boundary or a breakout above the midline for further upward movement.
Indicators like MACD and RSI provide early signs of bullish momentum but require further confirmation.
$BTC 2 options.In my opinion, MARKETSCOM:BITCOIN has 2 options. If I take the previous run, we could easily get an ABC correction. This is confirmed by following the fib lines as with an ABC Correction. In that case, I wouldn't be surprised if we see a correction towards 85k.
A positive scenario is that if Bitcoin manages to break out of this and we can break the supply zone and can now test it as a demand zone, we can see room to rise and we will test the next first important resistance. See green drawn line.
For now, it will be especially exciting in the coming hours and we have to wait and see what will happen.
Happy Sunday!
Be kind to the world and each other!
xauusd , the plan for the next week Hello everyone,
As shown in the attached chart...
Gold is now trading at levels 2622 - 2626. After the major correction and the liquidation of the areas 2582-2590. The markets are expected to open with a bearish price gap to levels 2610-2603. If this scenario does not happen, a correction will occur to these areas and the rise will continue to areas that we will determine:
Upside targets:
1- 2655-2665
2- 2680-2690
3- 2703-27010
Buying areas:
1- 2600-2607
2- 2582-2588
Selling areas:
1- 2655-2665
2- 2680-2690
3- 2703-2710
As always, we will provide you all with updates throughout the week and how to manage deals.
MR. Hamza
Goldcandle