Current Price: 84.6050 Upside: 86.10, 86.52, 87.15 and 87.78 Downside: 83.58, 83.16, 82.53 and 81.90 Green lines represent the support and resistance levels.
Hello! You are looking at a 6 hour chart, here. Starting out, we can see the 100 day moving average starting to ascend above the 14 day moving average, which indicates bearish momentum is building! On the other hand, we can also see what appears to be a bullish pennant forming, which indicates bullish momentum to the upside. As a disclaimer, I have not taken into account volume or any oscillators, but it appears this pair will be bullish for the short term, but bearish in the long term. Depending on whether you are a long term or short term trader, I personally like what I am seeing from this 6 hour chart! Let me know if this was helpful for you! I love to read comments. Thank you for reading. Trade wisely.
Chart update: KYTX broke above the neckline of the cup and handle pattern I flagged on Apr 24. I’ve updated the chart with short-term price targets at R-1: $2.52, R-2: $2.62, R-3: $2.71, and R-4: $2.91 -- which also aligns with the SMA 100, making that zone a key double resistance level. I’m particularly focused on the $2.71–$2.91 range, which looks well within reach. To be clear: if price can push through and hold above the R-4/SMA 100 confluence, there’s room for meaningful extension. If it bases in that zone, a move well above $3 is firmly on the table. The setup remains technically intact, and the stock is fundamentally mispriced, IMO. There's plenty of upside here, y'all, as this one continues to build. As always, do your own DD. Giddy up!
In this video I considered the global possible price movement, also made possible scenarios for the current week At the moment the price is trying to grow, but it looks like a local bounce before the downward correction continues Write a comment with your coins & hit the like button and I will make an analysis for you The author's opinion may differ from yours, Consider your risks. Wish you successful trades! MURA
The US Dollar is testing resistance today at the 2023 / 2024 low day closes (LDC) at 99.95-100.42- looking for possible infection off this mark in the days ahead. A closer look at USD price action shows the index trading into the resistance at the median-line in early U.S. trade. A topside breach above this threshold is needed to validate a breakout of the weekly opening-range with subsequent resistance see at the September high-day close (HDC) / September high at 101.77/92. Note that channel resistance converges on this threshold over the next few weeks and a breach / close above this slope would be needed to suggest a more significant low was registered last week / a larger reversal is underway. Subsequent resistance eyed at the 2016 high-close / 2020 high at 102.95/99 and the 2023 yearly open at 103.49. Key support remains unchanged at the 2018 swing high / 61.8% retracement of the 2018 advance at 97.71-98.39- a close below this threshold would threaten another bout of accelerated USD losses with subsequent support seen at the 96-handle, the 2022 LDC at 95.17 and the March 2020 low at 94.65. A rebound off key support takes the U.S. Dollar into initial resistance with major event risk on tap tomorrow. From a trading standpoint, losses should be limited to this week’s low IF price is heading higher on this stretch with a breach above 100.42 needed to fuel the next leg of the recovery. -MB
Bitcoin (BTCUSD) is having its strongest 1D green candle since April 22 (for now) and basically today's analysis is a continuation/ modification of our April 14 buy call (see chart below): https://www.tradingview.com/chart/BTCUSD/g8jG6u6Z-BITCOIN-s-1D-MA50-Flip-GREEN-LIGHT-for-the-NEXT-BIG-PUMP/ Our Target was $99500 but we now update it to $106000 as we see a different pattern through filling the Lower Highs gaps. As you can see, since BTC's April 07 bottom, the rebound has filled one Lower High of the downtrend after the other. At the same time, it has posted identical rallies before consolidating, the 1st one +15.37% and the 2nd +15.11%. We are currently on the 3d and if it makes again +15.11%, then it gets us to $106.9k. That is marginally above the Lower High of January 30, practically the first Lower High after the January 20 All Time High (ATH). Moreover, the 2.0 Fibonacci extension level is at $106k and this is why we've moved our short-term Target there. This fills all dynamic conditions of this uptrend. Do you think that's a fair estimate? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE ?, FOLLOW ✅, SHARE ? and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- ?????? ? ? ? ? ? ?
I had this TA about BTC in higher TF 2 days ago. (Couldn't bublish it cause of an issue With TV last days). My words 4 days ago : Small bullish momentum . scenario 1: close and retest above loc-D -> small Long 1-2 % or ambitious even up to POC. scenario 2: grabbing that Liq Level and then at least 2% long. Now: Look how those Levels Loc-D and especially the Liq-Level was respected nicely.? ? Look at my previous BTC TA to understand that blue-green rising channel ;). Follow for more ideas/Signals.? Check out my previous TA/Signals which played out nicely. :) Just donate some of your profit to Animal rights or other charity :)✌️
I'm not a big fan of trend lines. This chart uses Bollinger bands, ICHMOKU cloud, Candles and it is a bit crowded with things I am not paying much attention to. For now its above the Bollinger bands, above the cloud and has nice big green candles. No sign of a top yet
The U.S. Dollar plunged more nearly 12% off the yearly high against the Japanese Yen with USD/JPY rebounding off support at last week near the 2024 low. Initial resistance now in view at the 100% extension of the recent advance at 146.11 and is backed by the 38.2% retracement at 147.14- both levels of interest for possible topside exhaustion / price inflection IF reached. Broader bearish invalidation is eyed at the 1.6185% extension / 2022 weekly high close at 148.67/73. Ultimately, a break / daily close below 140.25 is needed to mark downtrend resumption with the subsequent support seen at the March high-day close (HDC) / March high at 137.35/91 and the 78.6% retracement at 134.65. From a trading standpoint, rallies would need to be limited to 147.14 IF price is heading lower on this stretch with a close below 140.25 needed to fuel the next leg of the decline. -MB
This trader turned $127 into $4,626 — that’s +3623% with just 3 trades over 5+ years. He didn't chase hype. He bought at $671 and sold at $4,741. Minimal action. Maximum gain. Wallet still holds 0.74 ETH CRYPTOCAP:ETH ($1.3K). Proof that sometimes… doing nothing is the best strategy ?♂️