I am seeing a continuation on a higher timeframe There is a change of direction on the bears side on lower timeframe On higher timeframe we are seeing price reach last daily high I am looking for a break of this last daily high to push through I will be looking for reaction off the zone I have drawn up The reaction from these setups will be on the 4 hr timeframe overall looking for a bull run past the last daily high CHEERZ
We have a low risk entry with high-probability small target as current action-reaction set turned to be horizontal located where sellers are
NYSE:YMM -- bullish based on fundamentals and technical
The two biggest movers in the FX market on Wednesday have been the Yen and the Australian Dollar, both of which have come under significant pressure. The Yen has been sold on reduced odds of a BoJ rate hike this month, following a local news article suggesting the central bank would likely prefer to wait and carefully assess developments in the U.S. economy and other factors before making any changes to rates. Additionally, various central bankers have indicated that the BoJ should avoid hasty decisions regarding further rate hikes. In Australia, market sentiment has been weak following a softer Australian GDP report and discouraging China Services PMIs. Elsewhere, attention is focused on updates from France, where the market is closely watching the no-confidence vote. A collapse in the government could result in the worst political crisis France has faced in decades. In the UK, dovish comments from BoE Governor Bailey suggested expectations of four rate cuts next year as inflation continues to ease. Looking ahead, key events include an ECB Lagarde speech, U.S. ADP employment data, ISM Services, factory orders, a speech from Fed Chair Powell, and the release of the Fed Beige Book. Exclusive FX research from LMAX Group Market Strategist, Joel Kruger
ETH BINANCE:ETHBTC CRYPTOCAP:BTC.D Analysis: Given the breakout of the Bitcoin dominance trendline, along with the breakout of the ETH/BTC downtrend line, we expect Ethereum to experience significant growth. A new All-Time High (ATH) is anticipated. Target prices for Ethereum: $4,800 $6,000 $7,000 $10,000 Wishing you success and profitable trades!
Bullish Analysis for Dash/USDT Weekly Chart Dash appears to be entering a bullish phase following a significant breakout. Here's a breakdown of the bullish scenario based on the chart: 1. Triangle Breakout as a Bullish Trigger: The descending triangle pattern, which typically leans bearish, has broken to the upside. This signals a trend reversal and indicates that buyers have regained control after a long period of consolidation. 2. Key Support Levels for Bulls: $57.56: The breakout point now serves as immediate support. Holding above this level is critical for maintaining bullish momentum. $39.72 and $37.05: Deeper supports that indicate the last line of defense for bulls. A breakdown below these levels would invalidate the bullish outlook. 3. Resistance Levels to Watch: $129.47: The first major target for bulls. This level has historically acted as resistance and will likely face significant selling pressure. $214.52–$215.23: A critical level to breach for a long-term bullish trend. A break above this could open doors to much higher prices, possibly testing $300+ in the long run. 4. Bullish Indicators: Volume Increase: The breakout has been accompanied by a notable increase in trading volume, which is a positive confirmation for the bullish move. Momentum Shift: The recent price action suggests a shift in sentiment, with bulls stepping in after an extended accumulation phase. 5. Short-Term Bullish Scenario: Bulls should aim to consolidate above $57.56. A steady climb toward $129.47 would confirm the continuation of the uptrend. Partial profit-taking around $129.47 could be a prudent move, given the potential resistance. 6. Long-Term Bullish Scenario: If the price clears $129.47 with strong momentum, the next target is the $214.52–$215.23 zone. Breaking this zone would signal the start of a major bull run, potentially retesting previous highs near $300 or higher. Strategic Plan for Bulls: Entry Points: Accumulate on pullbacks to $57.56 or trendline retests. Stop-Loss: Place stops below $56 to protect against invalidation of the breakout. Targets: Short-term: $129.47. Medium-term: $214.52. Long-term: $300+ (if momentum sustains).
Hello, trader. Bitcoin with ticker BTCUSD is coming and moving nicely higher as expected, after Donald Trump won US elections, so coin remains in a strong bullish five-wave impulse on a daily chart with room even up to 130k-150k area. Price came nicely higher, out of a recent wave 4 consolidation into wave 5 of an extended wave (3) close to 100k area in the 4-hour chart. Now that BTC is slowing down, seems like it's making a higher degree correction in wave (4) before the uptrend for wave (5) of 3 towards 100k area resumes. It's ideally forming a bullish triangle pattern in wave (4), but alternatively be also aware of a deeper correction, which can still retest 90k-85k support zone.
All tp of bnb reached successfully. Good morning dear ♥️ traders.
Current steep action-reaction set has several good bounces as confirmations. I'm going to long from fat blue trend line with targets on orange line
MartyBoots here , I have been trading for 17 years and sharing my thoughts on ARKAM here. ARKAM is looking beautiful , very strong chart for more upside Very similar to SOL which 15x from this level Do not miss out on ARKAM as this is a great opportunity Watch video for more details