KAS has been dealing with a downtrend after a large distribution. Eventually, the trend will end; unfortunately, there are few signs of this. However, now is the time to put Kaspa on a watch list. The price hit a very good level of support and if the price can give us indications of a reversal it is time to get risk on. Full TA: Link in the BIO
Dow Jones got oversold on its 1D technical outlook (RSI = 29.297, MACD = -550.130, ADX = 76.606) as it is currently testing its 1W MA50. This is a level that has been intact since November 2023 and is of high importance to the trend as it has a key cyclical attribute. The driving growth pattern of Dow since the 2009 bottom is a Channel Up and every time a Bull Cycle starts, the 1W MA50 is the first level of support, with every touch of it being the strongest buy opportunity. When the 3 year Bull Cycle is coming to an end, the 1W MA50 breaks and the index approaches the 1M MA50 during its Bear Cycle correction, which becomes the ultimate buy entry for the new long term 3 year Bull Cycle. The current Cycle should starts getting completed technically after September 2025, so there is a high chance that the 1W MA50 holds here. The three Bull Cycles we've had so far had a fairly similar growth percentage, rising by +70.38% to +76.64%. If the +70.38% minimum range is followed on the current (4th) Bull Cycle, then we're aiming at 48,000 (TP) towards the end of the year. The 1M CCI seems to be printing the exact same build up to the Bear Cycle as in the past. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
This is a bad time for the long term. The macroeconomic scenario is challenging, and indices like the S&P 500 and Nasdaq seem to be at the end of a bullish cycle. Still, the temptation to buy can be strong when the setup looks promising. Technical Factors Supporting the Trade: Weekly Heiken Ashi breakout confirmed. Vertical volume well above average. Exponential moving averages (2 weeks and 1 month) and simple moving averages (3 months and 1 year) all pointing upward. Breakout of a descending trendline. A setup like this is hard to ignore. Entry: $1.66 – even after a 17%+ rally on the day. The ADR justifies the move. Are you getting on board?
Just putting some thoughts out there- it looks like there is about a 25% chance of a fully bearish market and the end of the bull cycle. However, there are some other possibilities that could play out, as indicated on the chart. CPI seems to be coming down, and M2 supply is going up. The liquidity is estimated to hit the market around March 24 (my estimation) and it looks like crypto prices will recover. Stay safe guys!
ENA IS NEAR TO BREAKOUT ? IF breakout happen then price will move yellow zone which is major resistance zone for ENA For free analysis join me on WhatsApp https://chat.whatsapp.com/BptcAwYXllr0d7p3C5He18
https://www.tradingview.com/x/EJn9D4MG/ ✅DOWJONES/US30 index is Going down now and the price Made a bearish breakout which Is confirmed so we are bearish Biased and we will be expecting A further bearish continuation SHORT? ✅Like and subscribe to never miss a new idea!✅
I don't want this to happen but I feel like it's going to. Would be typical price action and then it's gonna go up so much. So don't sell your spot holdings, don't leverage long anything. If it reaches the lower support level you can make so much money haha
Wry is bouncing from a support and should do a quick fire. 2120 usdt is the first target
Gold 1H Intraday-Chart Option 1: Gold steigt weiter auf ein neues Allzeithoch von 2.964 $. Option 2: Gold fällt von hier aus auf 2.865 $. Welcher Option stimmen Sie eher zu?
Agressive Long Möglichkeit. Spekulation das ABC Korrekturmuster fertig ist und d. positive Divergenz des RSI bestätigt wird. Passt alles, sollte die nächsten Tage eine stärkere Rallye zu sehen sein.