You have to fade the news because it's all technical. As you can see we have a strong hidden divergence on the 1hr TF. The bears did not succeed in trying to wipe out the low of 74,483. Instead price found it's ground at 74,588. The news articles/billionaires who control the news are trying to convince traders to sell but HODL or you will regret the biggest profit potential in history.
WTI Oil (USOIL) has been trading within a long-term Channel Down since the September 25 2023 High and the recent Trade War sell-off helped the price drop towards the pattern's bottom (Lower Lows trend-line) much quicker. Technically this has been a 1W MA50 (blue trend-line) rejection, previously a Lower High rejection on the 1W MA200 (orange trend-line). Notice how the 1W RSI has also been trading within a Channel Down of its own, with the indicator near its bottom as well. Being more than -31% down (more than the -29% of the first Bearish Leg), we can technically claim that this is a solid level for a medium-term buy again. The previous Bullish Leg marginally exceeded the 0.618 Fibonacci retracement level before the Lower High. As a result, our new Target is $70.00. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ?????? ? ? ? ? ? ?
SUI broke the support at $1.97 and tested it once again from below with yesterday's brief countermovement. It should now proceed downward so that the turquoise corrective wave 2 can be properly completed. Subsequently, the turquoise impulse wave 3 should provide new upward momentum, racing toward new all-time highs. The resistance at $5.36 should only be a milestone.
clear uptrend making hh's and hl's. 1hr demand zone w/ refined entry on 15min. going for a 1 to 3 but risking 1.6% because i really believe in this setup.
? Timeframe: 1H (Hourly) 1. Current Price: Around 3,084.715 USD ? Key Zones: ✅ Support Zones: 2,981 – 2,990 (green zone at the bottom) → strong demand area, price previously bounced sharply from here 3,043 – 3,054 (gray zone) → minor support that could act as a retest area ❌ Resistance Zones: 3,110 – 3,120 (first red zone) 3,136 – 3,150 (second resistance zone) 3,163 – 3,170 (major resistance / recent high) ? Potential Scenarios (based on the arrows in the chart): ? Bullish Scenario (Green Arrows): Minor pullback to the support zone around 3,054 – 3,043 Price continues upward to test resistance at 3,110 – 3,120 If breakout occurs, next targets are 3,136 – 3,150, then 3,163 ? This suggests a trend continuation after breaking out of the previous consolidation. ? Bearish Scenario (Red Arrows): Price gets rejected at resistance around 3,110 – 3,120 Drops back down and breaks below support at 3,054 – 3,043 Target down to the strong demand zone at 2,981 – 2,990 If that breaks, further downside is likely ? This implies a false breakout and possible reversal from a strong resistance area. ? Trading Plan Based on This Analysis: Plan A (Buy the Dip - Bullish Scenario): Entry: 3,054 – 3,043 (support zone) Stop Loss: Below 3,030 Take Profit 1: 3,110 Take Profit 2: 3,136+ Risk-Reward: ~2:1 or higher Plan B (Sell Rejection - Bearish Scenario): Entry: 3,110 – 3,120 (if rejection candle appears) Stop Loss: Above 3,130 Take Profit 1: 3,054 Take Profit 2: 2,990 ? Summary: Current market structure is bullish, but approaching major resistance. Watch for rejection at the upper zone or breakdown at support to confirm direction. Pay close attention to price action and volume near key levels before entering any trades.
If we look at pure technicals. Basic technicals, things couldn't be more bullish. The sentiment is at extreme fear, but look at this beautiful chart. Maybe we chop here for a bit, but once the MACD flips in momentum weakness, then I suspect massive upwards move for Bitcoin.
Fartcoin has outperformed most of the assets in terms of constant best volume, best performer over any of the past market bounces: most resilient PA of a chart throughout the market's turmoil, mindshare potent even in tardfi kamehameha
Re-entered long on **GBP/USD** following a successful bounce from a well-respected demand zone. Price retraced back into the zone, showing signs of rejection and support holding firm. Entered at **1.27700**, with a **stop loss** set just below the zone at **1.27200**, and a **target** at **1.29500** for a favorable **risk-reward ratio of 3.6:1**. This setup is based on: - Clear bullish structure following a previous reaction from demand - Strong rejection candles forming at the zone - Anticipation of continued bullish momentum toward higher timeframe resistance Monitoring price action closely around the entry for confirmation and potential management.
We are beginning to see evidence of a credit crisis starting. low demand for US bonds can trigger a currency crisis for the USD, higher rates will lead to refinancing company problems (especially with all the zombie companies that should have blown up over a decade ago.) and major economic depression-style job losses. Currently, we are very early stages but things are moving at lightning speed on a macroeconomic level. I know this is likely gibberish to most here pon trading view but it is of MASSIVE importance to your trading and investing. CAUTION IS IN ORDER!! Click boost, follow, and subscribe! I can help you navigate these crazy times.
Expecting a bullish breakout from the local low of Silver. Orange lines being the decision confirmation prices. There are 2 fake structure zones, which I believe will act as local demand zones.