If this level fails to hold, my next point of interest will be below 2900. This is to complete the 3 drive pattern on the daily. Risk responsibly
As I think, the future of BTC could reach 130-150K$, but it will take a long time to get there. Over time, we will follow it.
https://www.tradingview.com/x/rBmpoKCm/ ✅AUD_NZD is trading in a Local downtrend and the pair Made a breakout of the rising Support line and is consolidating Beneath it, so as we area bearish Biased we will be expecting A further bearish move down SHORT? ✅Like and subscribe to never miss a new idea!✅
You most likely already know that most retail traders lose money. With the fear of new cost efficient AI news most people shorted NVIDIA. Whatever the name of the AI and whichever the country it is and however efficient it is, it will still run on hardware and as of now NVIDIA is the biggest hardware maker. This is the chance to buy since price did not go down in a healthy price action. We expect a recovery to equilibrium of the inefficient drop of price at 132$ Please comment any questions you have. Happy and safe trading!
Hello world, I'm looking forward to see a downside movement in this asset because the price went down in the breakout of the formed bullish pennant and I’m seeing a bounce to the 50% of the Fibonacci extension to the downside with a big a$$ candle, this gives me plenty confirmation of the price action. Trade safe! Never risk a lot! & this is not a financial advice. This is my opinion, yours are welcome too. Thanks for reading.
As we all know about bitcoin past moves in 2017 and 2021 every thinking about same move according to that move bitcoin would be 280K now but bitcoin is doing rally/Range between 100,000-110,000 this rally continue till 2026, then we see a good move of retracement till 73,000-74,000. This move is logical understandable because after breaking of cup and handle pattern BTC does not even touch these levels again so for continuation of trend BTC should give this level once again. I am out for now because this rally can give a good dump so we should be careful about this every time. As we all know that once a higher high breaks than for continuation of trend a retracement is compulsory this for all kind of stocks in the world which we did not seen after USA elections.
All of us in crypto are used to looking at the BTC.D Chart (Bitcoin Dominance). With BTC.D stuck in a range between 57% and 60% we try to look at a new dominance chart which no one is talking about. Same as DeFI in TradFI we can look at one of the most famous Asset which is NASDAQ:NVDA vs its dominance in tech heavy NASDAQ index. Let’s call it ‘ NASDAQ:NVDA Dominance’ (NVDA.D) © ?. Further usage of the ticker should be copyrighted to me. ? $NVDA.D is now below its 200 Day SMA. If we plot NASDAQ:NVDA vs NASDAQQ Index, we get $NVDA.D and there we see that NVDA.D is making multi months lows and below 200 Day SMA. We have not seen this kind of weakness in $NVDA.D since CHAT GPT was launched in Nov 2022. The last time $NVDA.D was below the 200 Day SMA it spent almost 6 months consolidating during the 2022 Tech bear market before AI sparked the new bull market.
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
Until price is holding above 13th Jan lows, my operative scenario is continuation of the upside momentum towards 420-450 resistance zone. Moving and holding above 450 level increases the probability of a continuation move towards higher resistance levels at 590+. Otherwise, until price holds bellow 450, there are significant odds of deeper correction in the mid-term before continuing macro uptrend https://tradingview.com/x/XxhEAKHS/ My previous idea on NASDAQ:DUOL from Dec'23 topping actions: https://www.tradingview.com/chart/DUOL/E0kauKxc-DUOL-In-the-mid-term-resistance-zone/ and update on break-out potential from Sep'24: https://www.tradingview.com/chart/DUOL/tDVT51mb-DUOL-Price-structure-upd/ Thank you for your attention!
People sometimes ask why I call myself The Wizard—then I show them a setup like this. With Trump back in the picture, I see Lockheed Martin (LMT) either consolidating here or launching into a hard rally to the upside. Either way, I’m not waiting around—I’m accumulating big. My first target? The resistance line up top. Until the market presents undeniable evidence that invalidates this idea, that’s the bet I’m placing. When the market speaks, I listen. Watch, wait, win.