Supposing end off Wave A of correction, quite a deep one retracing half the previous bullish impulse. RSX momentum is divergent, heading toward OBOS line, divergent Bollinger Band derivative indicator. A strong change in texture of candlesticks is noted. Signals on both VZO with offset and Ehlers Stochastic RSI have already thrown off signals a few candles ago. Fibonacci points picked to coalesce with data already available for possible constellations/clusters, i.e. 0.5 Fibonacci coincides with MIDAS curve.
It seems like it's time for a long-term bull run in Ethereum dominance.
It's a good currency (just kidding) ?? But I'll buy it and let it come to the blue line. If it reaches that, of course.
This is a long (buy) setup for Cardano (ADA/USD) based on a breakout from a descending channel. The price has broken above the resistance trendline, indicating a potential bullish continuation. Entry Point: Around the breakout level, confirming support above the descending channel. Stop Loss: Placed below the breakout point at $0.90498, minimizing risk if the breakout fails. Take Profit 1 (TP1): $1.15004, where price may face initial resistance. Take Profit 2 (TP2): $1.30188, a stronger resistance level that could serve as an extended target. Trade Rationale: A breakout from the descending channel signals a trend reversal. Moving averages are turning upwards, supporting bullish momentum. The risk-to-reward ratio is favorable, with clear entry, stop-loss, and take-profit levels. Volume increase on breakout adds confidence to the trade.
It seems like it's time for a long-term bull run in Ethereum dominance.
eurusd is in a bullish trend , now it is at the fib 0.618 retracemnt lavel ... so there is a possible retracement is pending. usd employment rates are commin today, so there is a possibility of dollar index going upward. we place an order on a order block ... and wiat for results...
Gold prices hovered below a one-week high hit on Wednesday and remained well supported by concerns over the potential economic fallout from Trump’s trade tariffs and a global trade war. Meanwhile, recent weaker US macroeconomic data has raised expectations of further Fed easing, weighing on the USD and benefiting the yellow metal. The daily chart for XAU/USD shows prices trading around the daily opening level, while intraday losses were quickly reversed, suggesting buyers are capitalizing on the dips. The same chart shows Gold developing above all of its moving averages, with the flat 20-day Simple Moving Average (SMA) providing short-term support at around $2,906.25. Meanwhile, technical indicators have turned directionless, with the Momentum indicator stuck around the 100 level. The short-term picture suggests risks are tilted to the upside. In the 4-hour chart, the XAU/USD pair is holding at the highs of its recent range while rising above all its moving averages. The bullish 20 SMA provides intraday support in the $2,890 area, while the upside below the flat 100 SMA. Finally, the technical indicators have turned sharply north in positive levels, reflecting continued buying interest. Gold has entered the Wyckoff range after sweeping the spring point at 2895 yesterday that was caught by our brothers. So if this case continues to apply the above method, it is a bullish trade. Currently, there are only 3 reasonable price resistance levels: 2920 - 2913 - 2902. ? BUY scalp 2915 - 2913, stoploss 2910 When the price breaks through 2900, the Wyckoff collapses and cannot buy in this upper zone anymore. ? BUY scalp 2889 - 2887, stoploss 2884 ? BUY 2880 - 2878, stoploss 2873 There is no news today, so it is. The Sell point has only these 2 levels. ? SELL 2940 -2942, stoploss 2946. ? SELL 2950 round resistance, pay attention to the price when it is near
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After a -37 Drop in less than 9 days, NASDAQ:PLTR should see some upside. Nice Risk Reward Setup Forming. How far do you predict NASDAQ:PLTR to go?
Analysis: Utilizing chart patterns, highs & lows, and impulses & corrections, the focus is on identifying a continuation corrective structure following a breakout. The price approached the lower bound of a bullish continuation structure on the higher time frame (HTF) with a broadening descending structure on the Mid time frame (MTF). We will now monitor for a bullish impulse and continuation structure on the LTF to identify a potential entry point for the trade. Expectation: An upward move is expected. ⚠️ Reminder: Always conduct your own analysis and apply proper risk management, as forex trading involves no guarantees. This is a high-risk activity, and past performance is not indicative of future results. Trade responsibly!