Overview The GRASS/USDT perpetual contract is currently trading at $2.875, showing consolidation around a critical Fibonacci retracement level. The market appears to be in a neutral-to-bearish phase, with potential for either a breakdown or a reversal depending on key supports and resistances. Technical Highlights 1. Price Action The price is hovering near the 0.786 Fibonacci level ($2.828), which aligns with a strong support zone. There has been a rejection from the recent swing high of $3.534. The previous significant support was Fib 1.618 ($2.080), where a strong bounce occurred, indicating a key demand zone. 2. Indicators MACD (12, 26, 9): The MACD line is slightly below the signal line (-0.0777 vs -0.0688), and the histogram is near neutral at -0.0089. This suggests a weakening bearish momentum but no clear bullish crossover yet. RSI: The RSI is at 41.24, slightly above the oversold zone, but still below its MA (44.05), indicating bearish control. 3. Volume 3.58M in volume shows moderate activity. A breakout or breakdown will require a significant increase in trading volume for confirmation. Support and Resistance Levels Immediate Support: $2.828 (Fib 0.786): A key level for the bulls to defend. $2.635: A breakdown below this could lead to a retest of $2.080. Immediate Resistance: $3.192 (Fib 0.382): If broken, the price could target $3.534 (Fib 0). Potential Scenarios Bullish Scenario If the price breaks above $3.00 with increasing volume, it could test $3.19 and potentially the recent high of $3.534. A bullish divergence on RSI could strengthen this move. Bearish Scenario A drop below $2.828 could trigger further downside towards $2.635 or even $2.080. If the MACD continues its bearish trajectory, further selling pressure is expected. Trading Plan Long Setup: Enter above $3.00 with a target at $3.19 and a stop-loss below $2.83. Short Setup: Enter below $2.828, targeting $2.635, with a stop-loss at $2.90. Conclusion The market is at a pivotal point. Traders should wait for clear confirmations of direction through volume and indicator signals before entering positions. Keep an eye on macroeconomic factors and crypto market sentiment for additional context.
As we can see a clear picture of bull flag pattan second time it is very good time for buying this stock for 1 to 2 months for the profit of 25% After brake out of the channel we will take trade With a small stop loss
The NEO currency, which is known as the Chinese ethereum, has been moving well recently, and you can find good points to enter in its correction... Always follow capital management, especially in good conditions, don't get fomo.
BSE is all time high area despite Nifty kept falling. Not sure about fundamental reason why it is making highs but as they say casino never loses money. Wait for price to fall a bit. Then you can enter. Generally I do not decide on targets on stocks in life time high area. If you see enough profit, exit. Or you can trail SL.
One of 2024's biggest disappointments in movie theaters will soon be able to try and redeem itself in your homes. Before you and yours get into the holiday spirit on Christmas Day, Joker: Folie à Deux will be available to stream on Max on December 13.Read more...
Quentin Tarantino liebt Horrorfilme. Doch der Film, bei dem er sich zum ersten Mal fürchtete, ist gar nicht so gruselig – allerdings war er auch erst drei oder vier Jahre alt.
Weihnachtsdesserts gibt es viele – ein paar besonders leckere haben wir hier für Sie zusammengestellt. Ob fruchtig oder süß, raffiniert oder schnell zubereitet: Unsere himmlischen Nachtisch-Rezepte sind die Krönung eines jeden Menüs.
Fans von Der Herr der Ringe konnten schon lange keinen richtig guten Kinofilm genießen. Ich dachte erst, die Anime-Vorgeschichte der Rohirrim wäre ebenfalls zum Scheitern verurteilt, doch vielleicht habe ich mich geirrt.Ein Kommentar von Martin Hartmann
? Buy Signal Alert! ? ? Cryptocurrency: ETHFIUSDT ✨ Analysis: We anticipate that this cryptocurrency will begin its upward movement from the current level and achieve a 6% growth soon! ? Target: 3.155 ? Stay tuned for updates, and happy trading! ? ? Join us on Telegram for more updates!
https://www.tradingview.com/x/o42q49hK/ USOIL - Classic bullish formation - Our team expects growth SUGGESTED TRADE: Swing Trade Buy USOIL Entry Level - 67.10 Sl - 66.42 Tp - 69.09 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️