STMX has broken trend and retested it as resistance now we have targets for a short. In my opinion those targets line up with all the old support zones created on the rise of trend over the last 2 weeks. How low can it go? major order block at 0.0054
WLD is approaching one of the last major resistance areas standing in the way of price discovery a great entry would be on a .618 retest if we do reject if we do not then retest on the SR flip
I do belive there may be further downside ....but with the 200 day , a large liquidity block and trend exhastion i do think its a great TP area
spell is holding trend looking to bounce to the top of the channelall of these retests are dead o n .618 fibs ... im liking the way this is moving
plenty of confluence for a bounce here but will the need to fill the fvg out weigh it either way im waitin to see how this tracks
pendle can either continue the reversal downward or bounce ansd continue the uptrend we will see a decision in the next hour im sure
Ready to start the next leg up we have broken the flag on the 15 min TF if i have interaction on this i will update regularly through the weekend
We either get another rejection from the yellow block area or we flip to support if we flip there is wide open space to the next orderblock
we are in a tight spot at the moment could break either way i have marked out some key levels
Spell has been respecting the 200 day MA ever since it broke through can we count on this if so we could see a break to the upside with 15 to 20 % gains in the near term
looking at the chart we are in a good position to say the bear is over we may not be full bull but we are out of the whole
bake has alot of support at the 0.11 cent range we could look for a possible bounce here it is likely unless some extra sell pressure comes about
Hifi had an insane run ....RWA narrative.....IDK what did it sheethead nfts whatever it was always what goes up must come down half to 3/4 its pump so based on the pattern it created the accumulation areas i drew a quick estimated path 1.43 is the 0.618 retrace so..... we jus taped that i say we spring back up to test the bottom of the uptrend ..trendline 2.12...
30 days 35% this is what the last reversal played out to and it is very possible we repeat this so i would wait for a bit more confirmation but it will become clear soon enough
I believe that we can continue higher if we are able to secure support above the recent change of character and break of structure ... also friend tech has seen an uptick again and opBNBs mainnet has launched so fundamentally op stack is gaining strength i am interested to see how this moves price action
So this could be a measured move to 1.10 if the cup and handle formation playes out there is a significant amount of price action in that range. dating back to April this year
AGLD will probably test the .382 fib level of the downtrend move it is on at that tim e a short could be entered for a possible 7 % gain
targets marked small downside to entry consolidation = move this one is matching up with the 12% resistance level