Back to support Yes FLOKI massive double top pattern now back to support Catch the FLOKI around .11 or .12
H4 Analysis: -> Swing: Bearish. -> Internal: Bullish. FINAL ANALYSIS OF 2024! WISHING YOU ALL VERY HAPPY FESTIVITES. MAY 2025 AND OWNARDS BRING YOU ALL SUCCESS!! ANALYSIS WILL RESUME SECOND WEEK OF 2025 (DATE TO BE CONFIRMED) Analysis/Intraday expectation remains the same as analysis dated 16 December 2024. Price is clearly unable to target weak internal. This is due to the fact that Daily and Weekly Timeframe remain in bearish pullback phase. Price Action Analysis: Technically price is to target weak internal priced at 2,721.420. Price has sweeped liquidity, for two possible reasons. 1. To assist price to complete bearish pullback phase, react at either discount of internal 50% or H4 demand zone before targeting weak internal high. 2. To assist Daily and H4 TF's to complete bearish pullback phase with price to print a bearish iBOS and target strong internal low priced at 2,536.855. Intraday Expectation: Intraday expectation and alternative scenario as per points 1 and 2. Note: With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment. H4 Chart: https://www.tradingview.com/x/zn8fTu4r/ M15 Analysis: -> Swing: Bearish. -> Internal: Bearish. FINAL ANALYSIS OF 2024! WISHING YOU ALL VERY HAPPY FESTIVITES. MAY 2025 AND OWNARDS BRING YOU ALL SUCCESS!! ANALYSIS WILL RESUME SECOND WEEK OF 2025 (DATE TO BE CONFIRMED) Analysis/bias remains the same as yesterday's analysis dated 19 December 2024. Price Action Analysis: Yesterday's analysis played out as expected with price targeting weak internal low, printing a bearish iBOS. Price has printed a bullish CHoCH, indicating, but not confirming bullish pullback phase initiation. We are now trading within an established internal range. Intraday Expectation: Price is currently trading at premium of internal 50% EQ where we could see a reaction. Price could potentially trade up to M15 supply level before targeting weak internal low priced at 2,583.915 Note: With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment. M15 Chart: https://www.tradingview.com/x/F3swABTa/
As you can see from the fibs , if this doesnt turn into a 5 wave down , possible ABC correction for MSTR. Break of 200 would be bearish for any continuation...
It seems likely that a correction to 80,000 is possible. If the 90,000 level is lost, there is a high chance of suffering or worse, moving to lower levels.
https://www.tradingview.com/x/lZ8P33nH/ Here is our detailed technical review for DXY. Time Frame: 30m Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 108.242. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 108.539 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. Like and subscribe and comment my ideas if you enjoy them!
https://www.tradingview.com/x/5hPdjzNA/ Take a look at our analysis for BITCOIN. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 95,186. The above observations make me that the market will inevitably achieve 90,936 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
https://www.tradingview.com/x/AZdYMnkI/ Please, check our technical outlook for GBPUSD. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.249. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.256 level soon. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
https://www.tradingview.com/x/4DF4wBqi/ Here is our detailed technical review for GBPNZD. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 2.218. Considering the today's price action, probabilities will be high to see a movement to 2.208. 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. Like and subscribe and comment my ideas if you enjoy them!
CADJPY Expected to Rise as BOJ Doesn't Support JPY Yesterday, the Bank of Japan (BOJ) decided to keep the interest rate unchanged at its latest meeting, showing hesitation about future rate hikes. The market's initial reaction was to trade against the JPY, resulting in a devaluation of at least +200 pips across most of its pairs. Japan's core inflation accelerated in November due to rising food and fuel costs, which is putting pressure on the central bank to raise interest rates. However, this is only speculation, and no decision has been made. Given the BOJ's stance, CADJPY may rise further from the current zone. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Hello Traders https://www.tradingview.com/x/LzzSRqUg/ In the weekly timeframe, an ascending channel is observed, showing a good reaction at its upper boundary. We are waiting for a price pullback to the next resistance level. https://www.tradingview.com/x/cteOmVGc/ In the daily chart, an ascending trendline has been broken, with two returns to the breakdown area around 2600.700, indicating the strength of sellers. The price returning to this area for the third time also shows the buyers' insistence. If the price can stabilize below 2532.800, the likelihood of further decline increases. Conversely, if the price cannot break through the green zone, we predict an upward movement to 2606.200. At the same time, we anticipate a slow downward trend and fluctuations to around 2568 in the coming days.