Technical:- 1) Bitcoin Doing Higher High & Higher Low According to Dow Theory. 2)But Doing Tight Higher High & Higher Low. 3) I have mention two possibilities. case01:- May Breakdown (we can say EDT Breakdown) case02:-May Breakout upper side 4) Finding opportuinity on Time frame 15 min /1 hour . https://www.tradingview.com/x/OwfGzHyL/
Technical Analysis Key Levels: Support: Primary Support: $2,630–$2,640, a crucial level that has consistently held over the past weeks. Secondary Support: A breakdown below $2,630 could lead to further declines toward $2,600 and $2,570 Resistance: Primary Resistance: $2,670–$2,700, a zone gold must clear to confirm bullish momentum. Extended Target: A sustained move above $2,700 could push gold toward $2,720 or higher, with the long-term target near $2,750 Price Action: Gold has been consolidating around $2,650, indicating indecision in the market. Traders are awaiting a catalyst for a breakout in either direction Indicators: RSI: Neutral, indicating no overbought or oversold conditions. Moving Averages: Gold is trading near its 50-day moving average, reflecting a balance between buyers and sellers. Elliott Wave Analysis: Suggests the current correction phase might end soon, potentially paving the way for an upward movement Fundamental Analysis Key Drivers: 1. Federal Reserve Meeting: A dovish stance or pause in rate hikes could weaken the USD, benefiting gold. Conversely, a hawkish surprise could pressure prices. 2. US Economic Data: Housing Data: Strong numbers may support the USD, weighing on gold. GDP Report: A weaker-than-expected reading could bolster gold's safe-haven appeal, while strong data might strengthen the dollar 3. Global Economic Factors: Geopolitical Risks: Persistent uncertainties may sustain demand for gold as a safe-haven asset. Inflation: Gold's role as an inflation hedge keeps it relevant amid ongoing inflationary pressures globally 4. Seasonal Trends: December traditionally sees increased gold demand, linked to year-end portfolio adjustments and festive purchases. Trading Scenarios Bullish Scenario: Entry: Above $2,660 Targets: $2,700, $2,720, and potentially $2,750 Stop-Loss: Below $2,630 Strategy: Look for a confirmed breakout above resistance or positive market sentiment boosting gold. Bearish Scenario: Entry: Below $2,630 Targets: $2,600 and $2,570 Stop-Loss: Above $2,660 Strategy: Watch for rejection at $2,650 or stronger-than-expected US data supporting the USD.
ETH has held convincingly above its VWAP taken from most recent ATH. Some similarities between 2020 and now may suggest a longer sustained uptrend once critical level of ~4k is broken through and held after retest.
Technicals now suggest a potential bull flag pattern, hinting at an imminent upward breakout soon. Coupled with the exciting news of its inclusion in the QQQ ETF, this could be the catalyst for significant price appreciation. Keep your eyes on MSTR as it aims to reach new heights!
Daily timeframe breakout and we not retesting yet. Maybe in several days it will retesting resist become support before go pumping again
Nio still retesting wedge in line chart after brokeout Price still downtrend until now, but if we not break $3 it seem NIO performing lower high and retesting wedge after breakout is valid Maybe we can see around $8 and $13 if we can survive this wedge
How many bullish Indicators do u want??? Bounced off previous resistance @ .000022.. retested & printed higher low on trendline. zoom out to daily & look at Williams R% u will c consolidation over center line. Rsi looks good. Working on breaking out of symmetrical triangle. Then retest. Then higher..... I'm buying more!!
Inverse head and shoulders on the 4hr wants to breakout
If Nearusdt breaks above the $7.00 resistance, the next target is at the 0.786 Fibonacci level, around $9.2. They might announce something special on 12/12/2024, maybe even the $9.2 target that day!
The cryptocurrency platform Tomarket has announced several significant updates and events as it prepares for the listing of its TOMA token on December 20, 2024. Here are the key highlights: Pre-Listing Airdrop: Tomarket is conducting a 30% airdrop of its total token supply to active users. To qualify, participants must reach at least the Silver I level by engaging in platform activities such as daily check-ins, mystery box spins, and games. The snapshot for the airdrop will take place on December 18, 2024, at 16:00 UTC. User Engagement Milestones: The platform has surpassed 50 million users, making it one of the most popular apps in the TON ecosystem. This growth is attributed to gamified features and its community engagement campaigns, such as the "TOMA Weekly Rewards" and "Get TOMA From Friends" referral events. Upcoming Listing Impact: The TOMA listing is expected to be a major event, with the token's price and rewards directly tied to user engagement leading up to the launch. Activities such as converting in-game TOMATO tokens into "Tomarket Stars" can increase rewards for participants. For additional details, check Tomarket's official communication channels or participate in their ongoing events to maximize rewards.