Hello traders, After reviewing the overall market and running some technicals on META, I think we're due for a bit of downside towards the midpoint in this parallel channel around 637.40. But why? Well, TikTok is back as we all know and that joke of a ban only added growth to the companies platform. That's the headline for this one. Next up, we have technical analysis. On the 4H chart, RSI has topped off and MACD started to turn. Normally, the MACD being above the zero line would not be reason enough, but seeing the candles outside the Bollinger Band has made me think otherwise. The Bollinger Bands have a set law that the price MUST come back into the zone. It has no set path, but it has to enter back into the zone, giving us a small range of price action, usually down or sideways, to enter back in the zone. (I have my BB set to 100day MA) Let's see what happens in the next upcoming 2-3 weeks and also keep an eye on the premium cost for the options in relevance to what target price we have. Thanks for reading.
Bullish on GT for the long haul. be patient and watch lower time frames for an entry at current levels.
Just a simple chart with a few channels. In January 2024 Nvidia transitioned from one rising channel into a even steeper rising channel with increased volatility. Looks like price has been working on a new falling channel since November. These large swings we experienced in January marked the upper line of this channel and now price has left the rising channel entirely. There were a couple of retests of the green channel in the last few days but they have all failed. So I am currently not considering long positions until the price gets back into the green channel or creates a new rising trend. https://www.tradingview.com/x/DU1NPXRa/
Hi traders what do you think about USDCHF given suggestion in comments. USDCHF pair from a technical perspective. Based on your description, we're expecting a bullish move from the support zone at 0.91132, with the next resistance zone at 0.92150. If the price continues its upward movement, it could test the resistance area around 0.92150. A few things to watch for: Confirmation of support at 0.91132: after price will rise from this zone, then Resistance at 0.92150 Lets see how price will react belongs to our analysis. if you like this analysis please support my work and fallow thanks for love.
Progressive Double Bottom for Berger Paints Breakout above 500 can give big targets to 620/662
Let`s see what`s about to take place here. Is mog about to break out. In recent months, MOG has exhibited significant volatility. Notably, in November 2024, the coin surged by over 200% within a 24-hour period, reaching an intraday high of $0.000003. However, it faced resistance around the $0.000002355 level, struggling to maintain momentum above this threshold. BIZTECHAFRICA.COM Technical analysis indicates that MOG has formed a "cup-and-handle" pattern, typically viewed as a bullish signal. The coin has attempted multiple times to break above the $0.000002355 resistance level but has been met with significant selling pressure. A successful breach of this resistance could pave the way for new all-time highs. THECURRENCYANALYTICS.COM Given the inherent volatility of meme coins like MOG, predicting short-term price movements is challenging. While technical indicators suggest potential for a breakout, it's crucial to approach such investments with caution. Always conduct thorough research and consider the high-risk nature of meme-based cryptocurrencies before making investment decisions.
good time for scalping , waiting for price reach to orderblock
Looking for a clean straight forward upward momentum.
In 2021 Doge retraced 52.5 % Before pumping seriously. So if we are in the same spot, DOGE could retrace from this year top at 0.470 to 0.224 (52,5) Before pumping seriously.
While the market fixates on degen trading, AVAX continues to fly under the radar. Yet, its ecosystem remains one of the most robust in the space. Here’s why it deserves attention: Avalanche at a Glance High-speed, multi-chain architecture – Subnets enable independent blockchains with customized rules. EVM-compatible – Seamless migration for Ethereum dApps. Near-instant finality – Avalanche consensus achieves low-latency, high-throughput transactions. Market Position & Recent Developments TVL: $1.43B (9th among blockchains per DeFiLlama). Recent Institutional investments: - In December 2024, the Avalanche Foundation secured $250 million through a private token sale , with participation from firms like Galaxy Digital, Dragonfly, and ParaFi Capital. This funding supports the upcoming Avalanche9000 upgrade, aiming to enhance scalability and reduce transaction costs. - BlackRock launched its USD Institutional Digital Liquidity Fund (BUIDL) on the Avalanche blockchain via Securitize, marking a significant move in asset tokenization. Tech Updates - the newest upgrade "avalanche 9000" is now live ; the main objective - to lower fees 25 times - is successfully achieved. Price Action & Accumulation Accumulation since mid-2022 → Local rally in late 2024 with volume divergence. Price retesting previous accumulation highs (Creek) after rejecting breakout attempts. Volume profile insight: No major resistance zones above, suggesting minimal overhead sell pressure. Potential Trade Setup Considering a spot entry with manual exit, if next week's close confirms a higher low. Key level: $26 – Strong support from prior accumulation phase. Do your own research. Everything is priced in. Everything is on the chart.