All the usual disclaimers: 1. I am not registered with FINRA. I am not a financial advisor. 2. Prior performance is not a guarantee of future performance. 3. This post is not and is not intended as financial advice. Instead, this post shares speculation upon hypothetical possible future outcomes. 4. This post uses purely doodling and technical analysis. It is not based to any extent upon education from news sources, information releases from the underlying firm, nor upon microeconomic nor macroeconomic principles. Copying-and-pasting rectangles that capture downturns in one-month timeframe, NASDAQ:PI looks like it may continue to fall until August -- a month or two after it falls below monthly MA50 (4 years ave).
chart is grabbing liquidity from shown buy limit level to go up, let's goooooooooooooo
Could we be looking at a super bullish scenario of an inverse head and shoulders for ETH? It looks ugly, but could work if the neckline is decisively breached. If it is, we could be looking at some serious gains for ETH. This isn't meant to be fake news or an attempt to gain followers, it's all on the pile of possibles until made improbable. So, we'll keep our fingers crossed and look for higher highs. Until then, follow for more.
Hello traders! ‼️ This is my perspective on USOIL. Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long. I expect price to reject from bullish OB after filling the imbalance. Like, comment and subscribe to be in touch with my content!
This chart for ADA/USDT highlights a consolidation phase within a symmetrical triangle pattern ?. The price is narrowing, signaling a potential breakout. Key zones and trend lines guide this analysis: Trendline Break: The triangle's upper trendline represents resistance, and a break above it could trigger bullish momentum ?. Conversely, a break below the lower trendline might lead to further downside ?. Resistance Levels: First resistance at $1.0323 ?. Breaking this level could propel ADA to $1.1000 and then $1.1400, where significant sell pressure may appear. These zones align with the highlighted red resistance bands. Support Levels: Immediate support at $1.0022 ?️. If broken, the price may test lower zones at $0.9730 and $0.9380. Signal: Bullish Entry: Wait for a confirmed breakout above $1.0323 with strong volume ?. Target levels: $1.1000 and $1.1400. Stop Loss: If the price breaks below $1.0022, consider shorting with targets of $0.9730 and $0.9380. Risk Management: Keep stops tight ⛑️. For longs, place a stop-loss below $1.0022; for shorts, keep it above $1.0323. Wait for confirmation to avoid false breakouts. Monitor volume and candlestick patterns near breakout levels for the best signal ?.
•Record High: Bitcoin reached a new all-time high above $109,000 on January 20, due to speculative trading surrounding Trump’s inauguration.
Bitcoin after the false breakout of resistance, which is associated with Trump's inauguration did not fall, but only consolidates near resistance. And this, I believe, is a very good sign that the price may continue its trend after exiting the triangle. Scenario: Since after the strong growth and after the false breakout there is no fall and consolidation is formed, we can expect the continuation of the growth because I also point out a few more things: - strong trend on senior timeframes - locally the price does not update the minimums - resistance retest is formed - consolidation on the background of the uptrend. Correspondingly: a break of the triangle resistance may increase buying interest, which may lead to another rally to ATH and even update it to 120K.
I tried to divide it into smaller parts. I would be happy to hear your opinion.
U.S. Dollar Index: •Dollar Weakness: The DXY experienced a decline this week, influenced by Trump’s calls for immediate rate cuts & extreme tariff policies.
Gold prices surged close to its ATH of $2,790 on Friday, peaking at $2,785 before dropping back down again?