On monthly timeframe, a RSI divergence has formed on the S&P 500, currently trading at 6044, signaling a potential reversal. Similarly, to name only a few, NASDAQ, Tesla, Bitcoin, NVIDIA, and Apple are exhibiting the same bearish divergence. Is a healing correction imminent? Will it happen this year or will the market delay the inevitable until next year ?
This is an internal range continuation short setup from supply. Careful because it is in the middle of the range. NO MS change (15m+) no trade. Potential 5X Also, shoutout to everyone who profited from the range deviation setup from range high—free money, once again! ? See you in bootcamp! ? Full video coming soon ? ? ?Enquire for 121 lessons / academy
SUI/USDT 1H Chart Analysis (Smart Money Concepts) ? Follow me on Tradingview if you respect our charts ? Current Market Structure: Bearish momentum after breaking support at $4.20. RSI: Bearish divergence at the recent high of $4.00, signaling potential continuation of the downtrend. Key Levels: Resistance: $4.20 (previous support turned resistance). Support: $3.50-$3.60 (discount zone). Current Price: $3.87 Trade Setup (Confidence Level: 6/10): No entry recommended at current levels due to: Bearish momentum dominance. Lack of a clear accumulation pattern. Risk Score: 7/10 (high-risk environment). Recommendation: Wait for one of two scenarios: Reversal confirmation near $3.50-$3.60 support. Break and retest of $4.20 resistance with bullish momentum. Market Maker Analysis: Distribution phase likely still ongoing. Market makers appear to be targeting the discount zone ($3.50-$3.60) for potential accumulation before a reversal. Observation: Current price action suggests caution; stay patient for stronger confirmation of reversal or trend change. ? Follow me on Tradingview if you respect our charts ?
The S&P500 index (SPX) rebounded strongly back to its 4H MA50 (blue trend-line), following yesterday's flash crash and recovered most than 50% of last week's Highs. The rebound took place exactly on the former Lower Highs trend-line of December's correction. This correction was the technical Bearish Leg of the post August 05 2024 Channel Up and the rebound on it indicates that the market has turned it from Resistance to Support. Similar Lower Highs trend-lines were formed during the last two major corrections (July and April 2024) and the common feature on all (including the current one) is that a 4H Golden Cross was formed immediately after the break-out. What followed after the Golden Cross was one last pull-back before a +9.20% rise. Yesterday's crash is most likely that pull-back. As a result, we should now be expecting a new +9.20% rise on the medium-term, with our Target being 6450. ------------------------------------------------------------------------------- ** Please LIKE ?, FOLLOW ✅, SHARE ? and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- ?????? ? ? ? ? ? ?
Hey there! Hegic is an American-style, on-chain AMM options trading protocol on Arbitrum. You can trade BTC or ETH call and put options with ATM (at-the-money) and OTM (out-of-the-money) strikes, as well as multiple one-click strategies depending on market sentiment (Bullish, Bearish, High or Low Volatility). That's fantastic because now everyone is shifting on Dex trading and huge volumes are flowing into Dex indeed like RAY and so on. the question is How are you going to protect those position if you hold big amounts in there? OPTIONS (On Defi!) We have here a big resistance around 0.04$ which is a major possible rotation point. For the weekly prospective if that point is broken then a 1-2-3 pattern can lead this coin to surge and the first potential possible target is around 0.35$. Lets' see that in action ;-) Good trading!
https://www.tradingview.com/x/jrM6DU1I/ EURCAD remains in a strong bullish trend for more than 2 weeks. The violation of a key daily resistance is one more important bullish signal. At the moment we see a local correction. With a high probability, it will complete soon and a rise will resume. Next resistance - 1.5155 ❤️Please, support my work with like, thank you!❤️
? ? In this video, we analyze the EURUSD, focusing on its overall uptrend and the recent bearish pullback. We’ll examine key support and resistance levels, market structure, and how liquidity is influencing price action. With the pair approaching a major support zone, we’ll discuss potential buy opportunities if the uptrend resumes. All the details are covered here. Disclaimer: This is for educational purposes only—not financial advice.
COF was lagging behind a bit, still building liquidity to break into fresh ATH's. But even though it took an extra few weeks, I was prepared and building my position. The more proof I saw of tapering white in control, the more confident I was in the eventual breakout. This is something that can be demonstrated on all charts and just outlines the visual aspect of the liquidity building process which every chart must go through in order to see sustained breakouts. Happy Trading :)
Support and Resistance Levels Support Levels 1. 99,000 USDT • Aligned with the daily 50-day moving average, serving as a key pivot zone. • Clusters of buy orders observed around the 98–99k range. 2. 97,000 USDT • Corresponds to the daily Auto AVWAP (low). • Potential pullback zone if 99k is breached on a daily close. 3. 93,000–91,000 USDT • Potential lower limit for the “C” wave (Elliott) in case of a stronger market drop. Resistance Levels 1. 105,000–106,000 USDT • Auto AVWAP high across multiple timeframes (daily, 12H). • Significant clusters of short positions to be liquidated in the 105–107k range. 2. 108,000–110,000 USDT • Recently tested upper zone and local top. 3. Above 110,000 USDT • A breakout above this level would signal strong continuation towards new local highs. Recommendations & Potential Strategy 1. Wait for Bottom Confirmation • As long as 99k holds on a daily close, the current movement appears to be a pullback. A breakdown below 99k could open the door to 93–91k. • On the 4-hour chart, watch for bullish RSI divergence (price forms a new low while RSI doesn’t) as a potential swing entry signal. 2. Risk Management This Week • Wednesday: FOMC decision followed by the press conference • Thursday & Friday: Quarterly earnings for Apple, Microsoft, etc., likely increasing volatility. • Combined with ETF flows and speculative interest in AI developments, market moves could accelerate in either direction. 3. Main Scenario (Underlying Bullish Trend, Short/Mid-Term Correction) • The MTFTI indicator shows an “Up” signal on the 4H timeframe, indicating that the broader trend remains bullish. • Daily ISPD Div Pro approaches the 0.90–0.97 zone, suggesting potential market overheating and the need for consolidation. Strategy • Consider progressive buying (“buy the dip”) in the 99k–97k range, with a stop-loss below 91–93k to avoid exposure to further breakdowns. • Initial take-profit targets could be set in the 105–107k zone (short liquidation zone), with potential extensions above 110k if the breakout is sustained. • Monitor intraday volatility (2H/4H charts) to refine entries, such as spotting a short-term descending channel or RSI divergence. General Conclusion The overall mid-to-long-term outlook remains bullish for BTC, supported by institutional buying, MicroStrategy’s acquisitions, and significant progress in spot ETFs. However, short-term indicators (e.g., ISPD Div Pro, RSI, and overbought daily metrics) suggest a phase of consolidation or a final “sell-off” revisiting 99k or 97k before the next rally. For swing traders, the optimal window seems to be in the 4H–12H timeframes, focusing on potential dips to 99–97k. A quick recovery above 103–105k could open opportunities to target the 107–110k range. Conversely, a break below 99k on a daily close would warrant patience for a potential test of 93–91k. Summary : • Primary trend: Still bullish. • Current phase: Caution during ongoing correction. • Key events: High volatility expected this week (FOMC and Big Tech earnings). • Major supports: 99k, 97k, and 93–91k. • Major resistances: 105–106k, 108–110k. • Strategy: Use technical indicators across timeframes to align with the broader bullish outlook while remaining alert to short-term volatility.
The price of ENJ has been in a consistent downtrend, as indicated by the descending trendline, with lower highs and lower lows forming. Several key support and resistance zones are marked on the chart. Currently, the price is retesting the purple resistance zone at $0.1584–$0.1512 after a breakdown from this level. If the price continues to decline, it could test the yellow support zone at $0.1372–$0.1294. A successful reclaim of the descending trendline and a move above the purple zone could signal a potential reversal.