S&P500 / US500 is trading inside a 20 day Channel Up. The price hit today the 1hour MA200, while the 1hour RSI breached the oversold limit and rebounded. The two times this happened before, it was a signal that the Channel Up has formed a bottom. The bullish waves that followed, rose by at least +2.00%. Buy and target 6200 as the new higher high of the Channel. Follow us, like the idea and leave a comment below!!
ETHUSD before chart technical analysis next move dump target 200 pips follow for more 99% sure shot signals Not financial advise trade and manage your own risk
Dogecoin ( CRYPTO:DOGEUSD ) is confirming the final retest: https://www.tradingview.com/x/E48BHQ52/ Click chart above to see the detailed analysis?? After we saw the textbook retest of the previous all time high about three months ago on Dogecoin, so far we also saw the expected correction of about -50%. However Dogecoin is about to confirm the bullish break and retest, which eventually leads to a parabolic rally and new highs. Levels to watch: $0.2, $0.5, $5.0 Keep your long term vision, Philip (BasicTrading)
Why? Because my crystal TA balls say so. Seriously though, here is my reasoning, given the indicator momentum Price Action & Trend Analysis • The stock is currently at $222.42, down -1.86%. • The price recently broke down from a local high near $244 and is in a downtrend. • Break of Structure (BoS) and Change of Character (CHoCH) labels indicate trend shifts. • A weak resistance zone around $244 suggests prior buying exhaustion. • A demand/support zone appears near $218, with previous price reactions in this range. Momentum Indicators (Lower Panel) • The stochastic-based oscillator in the lower panel shows oversold conditions (~below 20 level). • Previous rebounds occurred at similar oversold levels, suggesting a potential bounce. • Multiple purple downward arrows (sell pressure) have recently printed, aligning with declining momentum. Short-Term Outlook (Next Few Days) • Bullish Case: If support at $218-$220 holds, a relief bounce could push prices towards $226-$230 (~50% retracement of the drop). • Bearish Case: A break below $218 could accelerate downside momentum towards $210-$212. Now - let’s talk Probabilities: • Bounce towards $226-$230: ~60% if support holds. This is the more prevailing wind in my view. • Further drop to $210-$212: ~40% if selling is strong. Summary & Trading Plan • Short-term traders: Watch $218-$220 support for a bounce trade to $226-$230. • Swing traders: A breakout above $230 strengthens a bullish case towards $240+. • Risk Management: A clear break below $218 suggests a potential breakdown towards $210-$212.
WTI crude oil has rebounded to the $72.50 zone over the past four trading sessions, primarily after a recent drone attack by Ukrainian forces that damaged a key pipeline in southern Russia. The estimated damage could reduce oil exports from this region by up to 30% for at least two months. This new unexpected supply disruption has supported short-term demand for crude oil. Additionally, ongoing trade war concerns have boosted demand for crude as an inflation hedge, reinforcing short-term bullish sentiment. The Range Remains Stable For now, WTI continues to trade within a well-defined range between: $78 resistance (upper boundary) $66 support (lower boundary) Currently, the price is hovering near the middle of this neutral range, showing no clear directional trend. As long as price movements remain within this area, a clear breakout may take time to develop. Neutrality Prevails: RSI Indicator: The RSI line maintains an upward slope, but price action remains neutral around the 50 level, the indicator’s equilibrium point. This suggests a balance between buyers and sellers over the past 14 periods. TRIX Indicator: The TRIX line is currently reaching the 0 neutral level, reinforcing that the exponential moving average momentum remains neutral. Both indicators confirm that the market remains in a consolidation phase, requiring stronger movements to establish a clearer trend. Key Levels to Watch: $78 – Major Resistance: Upper boundary of the current range. A breakout to this level could revive bullish momentum, similar to the buying pressure seen in early December. $66 – Key Support: Lower boundary of the sideways channel. A drop near this level could strengthen bearish sentiment, reinforcing the downward trend observed in January. $72 – Current Resistance & Critical Level : Midpoint of the neutral range that aligns with 50% Fibonacci retracement along with 50 & 100-period simple moving averages. This strengthens its importance as a key level. If price continues oscillating around this zone, the sideways range could persist in the coming sessions. By Julian Pineda, CFA – Market Analyst
This is a technical analysis chart of GBP/USD (British Pound to US Dollar) on the 1-hour timeframe, published on TradingView. Key Observations: 1. Resistance Zone (Red Area at ~1.2666-1.2669): The price has reached a supply zone where selling pressure is expected. The chart suggests a potential rejection from this level. 2. Expected Price Movement (Black Arrows): The price is expected to reverse from the resistance and decline. The first target is around 1.26305, marked as support. If that level breaks, the price could drop further to 1.25837. 3. Trend Structure: There was an uptrend leading to the resistance. The price is now testing a strong resistance zone. A bearish reversal is anticipated if sellers take control. Conclusion: This chart suggests that GBP/USD might face resistance and start a downward move. Traders might look for sell opportunities near resistance and target the lower support levels. If buyers push above 1.2669, the bearish scenario could be invalidated. Are you looking to trade this setup or just analyzing the market?
Memecoins & Market Cycles Let's analyze how PEPE and other well-known memecoins performed during bearish periods. ? PEPE's First Buy Signal (2023) - Launched in 2023, PEPE fell ~75% before the first green cycle strap on August 27th - The token declined another 32% over two months - Shortly after, PEPE surged 85%, erasing those losses before printing a sell signal ? PEPE's Massive 726% Move (January 2024) - January 16, 2024: PEPE dropped 30% after its initial buy signal - It printed a second buy signal, then skyrocketed by 726% —an insane return for early investors ? ? Mid-2024: The Same Setup? - July 27th: A similar setup played out. After the initial buy signal, the cycle reset and formed a new low. - Price dropped another 38% before the actual bottom. - Then? Another buy signal at a similar price, leading to a 251% surge in the coming months. https://www.tradingview.com/x/HdcizkQx/ Master, What About Now? ? Check the chart above —we had an initial buy signal on January 23rd, 2025, followed by a 40% drop and a second buy signal. Seems pretty obvious, doesn’t it? ? https://www.tradingview.com/x/zoOBIHQX/ ? Other Memecoins Following the Same Pattern? - DOGE, SHIB, BONK all show similar cycle structures. - Cycle indicators are crucial for identifying the best entry points! ? Like this analysis? Give it a ? & follow for more cycle insights! #PEPE #Crypto #Memecoins #Trading #Altcoins ?
- Solana reversed from the support zone - Likely to rise to the resistance level 186.60 Solana cryptocurrency recently reversed up from the support zone between the support level 165.65 (the previous monthly low from January) and the lower daily Bollinger Band. The upward reversal from this support zone will likely form the daily Japanese candlesticks reversal pattern Morning Star – if Solana closes today near the current levels. Given the strength of the support level 165.65, Solana can be expected to rise to the next resistance level 186.60 (former support from the start of February).
EURUSD before chart technical analysis next move dump target 200 pips Not financial advise trade and manage your own risk
Hey Traders, in today's trading session we are monitoring USDCHF for a selling opportunity around 0.90200 zone, USDCHF was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area. Trade safe, Joe.