In this chart i explain many targets. I may be off as in immediate timeframe but all targets have been hit period! I believe xrp will hit $5 to $8 in the coming weeks. maybe a month or so. BUY N HOLD!
Hi Friends My algo has just signaled me to long bitcoin, there's currently a strong upward trend and it could result in a possible further breakout. Stoploss is an automatic trailing stop loss and it's at 2%.
NYSE:SAND Sandbox has committed a over 70% retracement after superbuy signal from a height of approximately $1 Current Price: $0.36 Price action is forming a Falling Wedge and Bullish Divergences Spotted also Expecting a retest of previous supports - now resistances at 0.41, 0.54, 0.7, 0.82, 0.96 #sand Invalidation is at under 0.3
Weekly Hammer closing soon Everyone long phantom trend line gets paid Cheers, and manage your risk properly
In recent years, the URNM has suffered two (2) major downturns. If we mirror those two downturns forward, we can speculate on how much lower this ETF can go.
Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (ETHUSDT 1D chart) https://www.tradingview.com/x/S85Gf5Eh/ In order to turn into an uptrend, the price must rise at least above the long-term uptrend line (1) and maintain the price. Accordingly, the key is whether there is support near the 2706.15-2879.90 section. If not, and it falls, the key is whether there is support near 2403.24. The reason is that it has fallen from the long-term uptrend line (1) and is located below the M-Signal indicator on the 1D, 1W, and 1M charts. Then, you need to be careful because there is a possibility of a step downtrend. - Thank you for reading to the end. I hope you have a successful trade. -------------------------------------------------- - Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) https://www.tradingview.com/x/WBuhqVrT/ Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015. In other words, it is a pattern that maintains a 3-year uptrend and faces a 1-year downtrend. Accordingly, the uptrend is expected to continue until 2025. - (LOG chart) https://www.tradingview.com/x/YtZx6YSG/ Looking at the LOG chart, you can see that the uptrend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, it is expected that prices below 44K-48K will not be seen in the future. - https://www.tradingview.com/x/zTnWN2r7/ The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. In other words, it is the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, it is expected that this Fibonacci ratio will be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. It is up to you how to view and respond to this. If the ATH is renewed, there are no support and resistance points, so the Fibonacci ratio can be appropriately utilized. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as support and resistance. The reason is that the user must directly select the important selection points required to generate Fibonacci. Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous to use it for trading strategies. 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 -----------------
This weekend looks like the crypto God candle weekend for the majors. Doge is also looking strong, but chance of it being part of the US strategic reserve is slim to none. But, when tide is rising, it doesn't matter. Right now, the challenge in front of doge is to get out of the downward channel, and fast. The price action has two bullish scenarios left. Depending on how strong the momentum gets, one or the other should come to pass. 1. Ending diagonal (pink): The price action for both intermediate 1 and Minor 1 can be counted as 3 waves zigzag or five waves and be valid. This is something that EW sometimes cannot paint a clean picture until a lot of time passes. But as traders, we need to just figure out the next move and be prepared. In case doge is playing out an ending diagonal pattern, then we should see 3 waves moves to the upside. And since, it is an expanding diagonal, we should see wave 5 is larger than wave 3. So, as a normal range of 1 to 1.236 extension, price should top out between $1.1 to $1.6. The confirmation will be a sharp decline from the top. 2. Wave 3 of 3 of 5 (blue): probability of this should be greater with a strong momentum to the upside. We should see price rocket out of the channel and get to all time high before a meaningful pullback. Price should break through $1 milestone and go higher without stopping for a breather as we have seen in the previous rocket moves. Target will be $6-$10 and level of insanity will be at its peak! How to trade between the two scenarios: The difference of targets between the two scenarios is massive. We don't want to take a risk of losing all the gains in matter of days, nor do we want to stay on the sidelines when price makes 6x gains in matter of weeks. So, to stay safe, it is important to take some profit between 1 - 1.236 fib extension (at least 25% - 30%) and put a stop loss at $0.48 for the rest. There could be other higher areas to put the stop loss to phase out with more gains, but $0.48, which is the top of minor wave 1, and breaking that will be the confirmation of the top. If price doesn't make it to that level and goes back up to make strong highs, then buy back in at the breakout (this would be one of the scenarios where we can buy a breakout) to jump back on the ship and ride the lightning. Bear case: There is always the other side of the coin. If price fails to break above $0.28 and the channel, then chances are, the downtrend will continue. It can keep going down to find support at the trend lines. If the trend lines break, then chance of primary wave 4 still in play goes higher. Target can be anything till $0,018. Hope that is not the case...
Analysis ? SET:YGG is testing the red resistance zone ?. If the breakout is successful, the first target will be the green line level ?, and the second target will be the blue line level ?! ? Targets: ✅ 1️⃣ First Target: Green line level ? ✅ 2️⃣ Second Target: Blue line level ?
Tomorrow, LXRX will be sharing Phase 2b topline results of their LX9211 non-opioid analgesic for DPNP. LXRX stock has declined 38% since their earnings miss & divestiture of Sotagliflozin in Nov '24. With significant float lock up, high short-interest, and a potentially positive readout, LXRX is poised for a major move to the upside. PT1: $0.96 PT2: $1.08 Above $1.38 has potential to squeeze to $1.90.
The Relative Strength Index (RSI) is showing an upward trend, indicating increasing momentum. Additionally, the Moving Average Convergence Divergence (MACD) is showing a bullish crossover, further supporting the potential for an upward move.