Nvidia's pulled back, but so far, based on the daily timeframe for 2024, the stock has pulled back to this trendline and then later moved up 46% (trough to peak: Feb 21st - Mar 8th), 86% (Apr 19th - Jun 20th), and 68% (Aug 5th - Nov 21st). On Tues it hit the trend line again.
Now that the price has reached the bottom of the channel, one can hope that the price will increase slightly from here and reach the top of the channel. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.? _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and ?Follow?! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
BTC could form a good model 1 over the weekend. At the moment I see 2 potential trades, lets see what happens.
Zomato MTF Analysis Price ZomatoYearly Demand 169 Zomato 6 Month Demand 207 ZomatoQtrly Demand BUFL 207 ZomatoMonthly Demand 207 ZomatoWeekly Demand 214 ZomatoDaily Demand DMIP 212 ENTRY -1 Long 212 SL 167 RISK 45 REWARD 238 Target as per Entry-1 450 RR 5 Last High 305 Last Low 146 ENTRY -2 Long 177 SL 167 RISK 10 REWARD 273 Target as per Entry-2 450 RR 27 Last High 305 Last Low 146 Trade Set Up Buy Volume -1 As per Entry-1 7,000 Buy Volume -2 As per Entry-2 3,000 Average Buy Price 195 Trade Value 1,945,000 SL Point 167 RISK 28 Exit Target 450 Target Value 4,500,000 Profit Target 2,555,000 RISK Value 275,000 Risk to Reward 9
BTCUSDT is encountering significant opposition. In order to create a defense conglomerate, the price is being forced as far away from the 105–107K range as feasible. However, the worldwide bullish position cannot yet be overshadowed by this resistance. On H1-H4, a symmetrical triangle and a descending channel are developing into a contentious scenario. Additionally, everything is dependent on which market segment views which figure. Although a rebound may accompany the initial reaction to the triangle support, given the resistance, we can presume that the price will attempt to decline and that the triangle's rebound will not be significant. The price is prevented from falling by the support at 101.600 if we examine the descending channel. Yes, technically, 101.600's support is now what matters most. Whether or not this level will hold the price is the key question. At its core, the issue is controversial because it primarily hinges on America and how Trump and other politicians would employ rhetoric around cryptocurrency. It might be empty rhetoric, a bubble, or a sham to win an election. Or it might be a real tactic. Resistance levels: 103453, 105765 Support levels: 100150, 98890 Focus on 101.6. I anticipate a short-term price consolidation and fall below the level, followed by a decline to 100–97K BUT! A false breakdown of 101.6 could result in a brief upward bounce before a further down to 100K because the chart shows a symmetrical triangle. Analysis By: NexusTradesZone
Key Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Compass Pathways Stock Quote - Double Formation * A+ Set Up)) At 10.00 USD * (Continuation Argument)) | Sideways | Subdivision 1 - Triple Formation * 6.50 USD | Area Of Value | Subdivision 2 * ABC Flat Wave | Completed Survey | Subdivision 3 * Daily Time Frame | Trend Settings Condition Active Sessions On Relevant Range & Elemented Probabilities; European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Neutral
hi traders, Let's have a look at the APTUSDT chart on the daily time-frame. As we can see the price has been in a downtrend but it looks like it's approaching the buy zone. We expect the bounce from the upsloping support line. Buy zone: 5,80$ -6,60$ 2 targets: 1. 15$ 2. 19$ There will be some profit-taking when the price reaches the downsloping resistance line so don't expect the easy ride. Good luck
IWM has been consolidating for 10 consecutive days, indicating a lack of strong buying interest despite an attempted breakout. If the price falls below 224, the next key support level is 214. If 214 fails to hold, the next major support is at 204.
Kakao bounced exactly where it should – on big volume! ?? I believe institutions are buying, and that’s always a great sign. ? For full transparency: My average cost: ₩ 36,000 (Korean Won) Holding ~ ₩1,650,000,000 worth How high could it go? I’m targeting ~ ₩52,000 per share ? I’ll keep you updated on this holding – be sure to share & follow!
I will give you my thoughts you give me ideas on what is happening here .