Is This the Beginning of a Reversal for ATOM?ATOM found its bottom when the RSI was oversold and showed a bullish divergence, as indicated by the blue and green arrows at the bottom. The dark green triangle appears when the RSI dips below 30 and then rises again.
The WVF indicator shows that volatility is slowing down, which suggests that the downward movement is coming to an end.
The price finds support at a 4-year low.
Well... what do you want more?
Wave Analysis
Eur USD 4h.time frame had a breakout of the descending wedge ,also if you will take a look you will see that there is a fully formed diamond pattern. Those two patterns are bearish sign, so could be a retest of the wedge and then further move downside. But keep in mind that so far it does look also as a perfect Elliot Wave. I have marked wave 5 with a target of red straight line, what is 2023 highest point. Hard to tell which way this forex pair will choose, but I think it's worth to watch.
NEIRO is a precious diamondNote: This is not a one-stop sell/short, but a buy/long.
NEIRO appears to be completing a bullish diametric. which is now in the middle of wave D.
We are looking for buy/long positions in the green range. If the price is in the green range
Given the sentiment surrounding this currency and the dog introduced by the owner of the dog that inspired Dogecoin and the first NEIRO, we can expect a strong rally in the coming months.
The targets are marked on the chart. The targets inserted on the chart are for wave E
Closing a daily candle below the invalidation level will violate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
AXSUSDT Bulls Take Control! Key Levels in Sight.Analysis for AXSUSDT 15m Timeframe – Long Trade
Current Position:
Entry: $4.677
Current Status: Target 1 (TP1) at $4.823 has been successfully achieved. Awaiting further momentum to hit higher targets.
Technical Overview:
Risological Dotted Trend Line: The upward curve of the trend line indicates positive momentum and a strong bullish sentiment in this timeframe.
Volume Analysis: Current volume stands at 1.03M, lower than the 30-day average of 1.91M. Despite the lower volume, the price has sustained its upward trajectory, suggesting underlying buying interest and potential accumulation.
Key Performance Metrics:
Short-Term Weakness: The asset has shown negative returns over the last 1 week (-5.63%) and 1 month (-9.62%), reflecting recent downtrends.
Long-Term Resilience: Despite the short-term declines, AXS has a slight positive return over the past year (+2.12%), indicating resilience in its long-term outlook.
Target Levels:
TP1: $4.823 (Achieved)
TP2: $5.060
TP3: $5.296
TP4: $5.442
Stop Loss (SL): Placed at $4.559, providing a balanced risk-to-reward ratio for this trade setup.
Outlook: The trade remains bullish, with further targets potentially reachable, provided AXSUSDT can maintain momentum. Keep an eye on volume trends for additional confirmation of sustained buying pressure.
This setup aligns well with a continuation in the bullish trend, leveraging favorable price action to target the next levels.
GOLD Scalping Entry......
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reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals.
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Traders, if you like this idea or have your own opinion, please feel free command me.
NIFTY50.....Note the open targets!Hello traders,
The hammer candle on Friday the 24th turned out to be a "failed" buy signal. The price touched the declining trend line on Monday's open and reversed (1 on our chart). In the following hours, the price fell below the support line and dropped to 24073.90 on Friday the 24th!
A possible wave a of 2 has been established here. There is still another open target area. As I wrote on the 16th, 23893 is a price area to reach! This area is marked with the rectangle.
It needs a break of the high at 25234 to give a fresh buy signal! The weekly total is also valid.
The NIFTY50 has risen since the 18837 area without a major correction. Sooner or later one will come. The longer it takes, the steeper the correction will be!
For short term trading, we focus on the possible levels on the downside as well as the upside. For now, it looks more corrective and in case of the upcoming election @US the market will move with more patience and caution.
One note!
A "fresh (new)" update does not invalidate the older updates. Note the timeframes within the update. Goals and possibilities are still valid and need to be eliminated, so I welcome and wish your comments and remarks. I may not be able to answer them "just in time", sometimes I forget! I apologize for that! But I am an "after work" trader and analyst. My family also needs some time. Thanks for your understanding!
Have a great week .....
Ruebennase
Please ask or comment if necessary.
Trading based on this analysis is at your own risk.
PHB looks bullishIt looks like the PHB is forming a triangle.
We are now in wave E of this triangle.
The green range is a suitable support where we can look for buy/long positions.
The targets are marked on the chart.
Closing a daily candle below the invalidation level will violate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
😱 COLLAPSE OF THE DOLLAR 2022 - 2045 - END OF EMPIREHello ladies and gentlemen! I bring to your attention my very global view of the US dollar solely from the point of view of technical analysis, namely the Elliot wave theory.
The graph shows the projection of the missing waves in the impulse of the supercycle - I-II-III-IV-V, the impulse is fully completed and ended back in 1985.
In my opinion, from the point of view of technical analysis and the Elliot wave theory itself, a zigzag has been forming globally on the US dollar index in the corrective phase since 1985, with a triangle in wave-(b). The ultimate goal of this zigzag is a collapse of the dollar index by minus -80% from ATH.
Ultimately, the Fed will lose in the fight against inflation, after the triangle is fully formed, a descending impulse five will begin in wave-(c) of the zigzag, I believe around 2030 plus or minus the triangle will be broken down, this will be a distress signal and confirmation I'm right, from now on, save your savings, because after the dollar index finds a bottom in the region of 20-30 points, for 100 dollars you can only buy a roll of toilet paper. BRENT oil will be $300-400 per barrel, and gold $5,000-6,000 a troy ounce, and that's even better. Naturally, after this collapse, the dollar will lose its status as the world's main reserve currency, the economy will stagnate amid hyperinflation, it will be many times worse than the Great Depression, and the markets will remember this apocalypse for a long time.
After the collapse of the US dollar, a new world order will be established, there will be a new leader and a new major world reserve currency. I believe this will end the approximately 250 year dollar cycle and the US Dollar Index will never again update its ATH.
❌ This trade idea should be reconsidered if DXY exceeds the 121 level, which is unlikely in my opinion. In this case, it will definitely not be a triangle.
This is my purely personal author's opinion, whether you share it with me or not is your own business, always think with your own head - I wish you good luck!
SEIUSDT Assessing the Recent Bounce and Future TrendsThe SEIUSDT price recently reached our identified internal demand zone, triggering a sharp upward movement. The sustainability of this bounce will become evident within the next 72 hours. Our analysis anticipates that this upward movement will persist, aiming for a pullback towards the immediate sell-off zone before any further decline. The external demand zone, highlighted on the chart, represents a strategic point for significant accumulation.
Foxyusdt trading opportunityFoxyUSDT price reached a strong support zone around the 0.0059 area and has since been struggling for a major rise to maintain its bullish momentum. Currently, there is a strong Inverted Head and Shoulders (ISHS) formation, with the price having broken above the neckline and achieved a pullback to validate this zone. This setup presents a strong buying opportunity as indicated on the chart.
However, attention should be directed towards the immediate internal resistance zone, which is crucial for the bulls to overcome to gain full control. A break above this resistance will pave the way for a significant upside move for the coin.
We invite you to share your views on this coin.
Ready Signal live market trade 🔔 BTCUSDT BUY NOW! 💎
🔸 Entry point : 67250
🔹 TP : 67800
🔹 TP : 68500
🔹 Stop loss : 66900
🔹 Risk Reward = 1:3
Use proper money management 💸
Note :-👇
The market always has unpredictable fluctuations, Risk management is always tha number one priority.
Notice‼️
1% to max 5% risk per setup.
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