Well you need no explanation on the Hidden Divergence. Beside PEPE the Frog, This meme dog coin just might give all the other meme Dog coins a run for their money! So you know it's good when the chart hits you smack in the face :) Merry Wifmas! Not in any way investment advice!!!!! ;)
This stock is showing power and coming days we cand expect a strong upmove . Technically sl is very clear and stock is in momentum.
Greetings to you all, dear Devan. I hope you support this analysis as always. The Euro-Dollar is falling in higher time frames like months and weeks, so we expect a further fall.? We are expected to correct upwards in the new trading week and begin the main fall!? Be sure to keep in mind that this post is analytical and only enter the market in specific areas with your own confirmation and trading setup.✔ Good luck and stay tuned??
Here's a complimenting USDJPY analysis to the C leg hypothesis explained in the below post. https://www.tradingview.com/chart/EURUSD/8eBbBYzm-The-USD-Crash-Thesis/ I've been buying USDJPY a lot recently. Heavily loading up into the aggressive crash moves intraday, moving stops to even and by this point fully expecting that nice clean rip to new daily highs, where I begin to trail stops and look to repeat into the next crash. It's started to feel really easy of late, and that's always a good reason to be cautious. Because although it is true there are times it's easy trading the trend, it is always easy trading the trend heading into the reversal. Heading into a reversal aggressive dip buying is heavily rewarded. That's what makes it feel like a good idea to dumb stuff into the reversal. The USD reversal here would be an epic trade. A case can be made for the high of USDJPY being in now and this being a bull trap rally. Inside of that case, we'd now be at the area where there is most risk of it turning. We have the 76 rejection and the 61 retest. In a strong move, we're usually going to see the 61 reject. https://www.tradingview.com/x/RPyrXx9d/ If the USDJPY high is not made with the 76 but there is going to be a big high in it, then we'd likely see a butterfly. https://www.tradingview.com/x/9AAfZ2Oa/ That'd mean a hyper bullish USD in the near future but that being a false breakout. Top to bottom that trade would pay a little over $300 per 0.01 traded. These are big numbers when you consider your risk per 100 pips is $7 trading at 0.01. USDJPY could have a little more go to fill local short level but to bet on the high being in the risk on the trade looks like this. https://www.tradingview.com/x/06RcJB28/ If that trade fails as a reversal pattern then usually the most bearish thing you can hope for is a big spike to fill the butterfly. https://www.tradingview.com/x/J0oGOzpv/ That's another great level to try to fade the move inside of a narrow zone but given that if the 76 trade fails usually the best case is a bearish butterfly - this is really bad for immediate term shorts. It'll go parabolic even if you're generally right. And if you're entirely wrong it's just going to trend against you. All pullbacks ending higher than the last. I feel like a lot of the times there are major reversals in USDJPY we see a really strong open to the week. This can come off a gap down. I remember a big USDJPY recent high being a 50 pip gap down, recovery and then 200 pips up in a minute into the high. Anything tell tale like that early in the week I'd probably be interested in fading around the resistance levels. https://www.tradingview.com/x/fd2wT3Gf/ If we keep rallying through I'll stick with my buying all dips strategy with USDJPY and review it at the 1.61 if we get there. But if we see a sharp break in this I'm going to start to act as if we're inside of a developing C leg. https://www.tradingview.com/x/I55azv9F/ Inside of a big C leg the small chart action would usually be something like this. https://www.tradingview.com/x/flMKzix1/ And this would pick up momentum as it went until it turned into a full blown crash. https://www.tradingview.com/x/la3yVuAv/ If all of that happens, I think we'll see the most spectacular of USD rallies after it. https://www.tradingview.com/x/68DYhtOE/ A mighty crash in USD could set the scene for a really big and sustained rally. Would be really obvious to look for if the C leg idea hits.
MACD is Bullish Volume is Low (Want it Higher) Bullish Cross Recently on Low Timeframe Bollinger Bands are Bullish Short term trend (white) is bullish Medium term is a consolidation down trend that broke out to the upside (bullish) Long Term - SUPER BULLISH Liquidity - High buy volume at $2.29 USD - Medium sell volume at $2.64 my old target - High Sell Volume at $2.87 which is good for swing traders FUNDAMENTALS ARE THROUGH THE ROOF BULLISH NEXT TARGET IS the $3.38 All-Time High
Will Bitcoin Continue Its Short-Term Rally or Yield the Stage to Altcoins? The current market phase is particularly fascinating. Bitcoin (BTC) has maintained a consistent upward trajectory for several weeks, rising from $61,000 to $102,000. However, after this strong rally, BTC is now moving sideways within a wide range around $120,000. This range presents significant risks for traders, as stop-losses can easily be triggered in both long and short positions. Overall Analysis: BTC remains in a robust upward structure on larger timeframes such as the 3-month or 1-month cycles. However, on shorter timeframes like D1 and below, BTC is showing a lack of clear trend, either declining or moving sideways. In the short term, BTC is expected to make a push toward $105,000 before pulling back to $88,000. After this correction, it is likely to resume its growth in alignment with its larger cycle structure. BTC.D and Market Capitalization Outlook: Looking at BTC Dominance (BTC.D), it is expected to return to the 52%-53% range on the W timeframe. However, it’s important to note that total market capitalization (Total) continues to show positive growth signals. Currently at $3.57 trillion, the total market cap is anticipated to reach $4 trillion in the near future. This implies that a decrease in BTC.D might not significantly impact BTC’s price. At the same time, Total 3 (Altcoin Market Cap) is also on an upward trajectory. From its current level of $1.07 trillion, Total 3 is expected to hit $1.5 trillion soon. This strengthens the possibility of an Altcoin Season, as funds start flowing from BTC to altcoins. Proposed Strategy: In this context, when BTC undergoes a correction, investors should seize the opportunity to filter their portfolios, accumulate promising altcoins, and prepare to take profits as altcoins reach their peaks. This could be the golden moment to maximize gains from the market.
USDJPY pair just rebounded at the 50% retracement level with a strong bullish momentum. This shows there could be a possibility of price to trade more bullish and possibly trade a new high from 156,793 we’re looking forward to seeing a little retrace in price for more bullish price action.
Trx chart key leveles. Trx triangle key levels of support and resistance. Early long levels were easy, now intermediate are tricky to play
I spend time researching and finding the best entries and setups, so make sure to boost and follow for more. Avalanche ( BINANCE:AVAXUSDT ): 30-Minute Chart Analysis for Short Trade Setup Trade Setup: - Entry Price: $52.72 (activated) - Stop-Loss: $54.09 - Take-Profit Target: - TP: $46.74 Fundamental Analysis: Avalanche ( BINANCE:AVAXUSDT ) is a high-performance blockchain platform known for its scalability and low transaction fees. Despite its robust ecosystem and increasing developer adoption, current market sentiment reflects short-term bearish pressure, likely due to profit-taking after recent rallies. Technical Analysis (30-Minute Timeframe): - Current Price: $52.50 - Moving Averages: - 20-EMA: $53.00 - 50-EMA: $53.20 - Relative Strength Index (RSI): Currently at 42, showing increasing bearish momentum. - Support and Resistance Levels: - Support: $51.50 - Resistance: $54.50 The 30-minute chart indicates a downtrend, with BINANCE:AVAXUSDT forming lower highs and breaking below key support at $53.00. This setup aligns with short-term bearish sentiment, providing a favourable risk-to-reward ratio for a downside target of $46.74. Market Sentiment: Short-term sentiment on BINANCE:AVAXUSDT appears bearish, with selling pressure increasing around key resistance levels. Broader market movements, especially in Bitcoin and Ethereum, may further influence CRYPTOCAP:AVAX ’s direction. Risk Management: A stop-loss at $54.09 limits potential losses, while the take-profit target at $46.74 provides an attractive downside reward. This setup requires disciplined execution given the short timeframe and potential market volatility. Key Takeaways: - Ideal setup for short-term traders capitalizing on bearish momentum. - Clear downside target supported by technical indicators. - Risk management is critical given potential reversals in a volatile market. When the Market’s Call, We Stand Tall. Bull or Bear, We’ll Brave It All! *Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own due diligence before making investment decisions.*
The pair has had an impressive move higher, and it may re-test 17.9300-17.9500 again. Strategy range trade 17.7000- 18.0450 is my viewpoint with current bias testing upwards.