Hey guys, a lot of selling pressure with Pepe (possibly BTC - not looking)... Hold fast
Well you know what will happen to SEED_WANDERIN_JIMZIP900:FART right? Check this out. What did happen to GETTEX:NOT , to SEED_ALEXDRAYM_SHORTINTEREST1:DOGS or $PNUT Now you know. Don't keep this. You should have sold it at $2 already. It will bleed to death.
Gold has been forming a bullish structure with consistent higher highs (HH) and higher lows (HL), indicating strong upward momentum. The market is now approaching a key daily supply zone, which could act as a critical resistance area. If the price successfully breaks above this supply zone, we could witness a continuation of the bullish trend and a potential move toward new highs. However, if the supply zone holds and the price faces rejection, we might see a pullback toward the $2,753 level or even the $2,740 support zone. The EMA 200 also aligns with the bullish trend, confirming the overall upward bias. Traders should carefully monitor price action at the supply zone for a breakout or rejection to plan their trades accordingly. Scenarios to Watch: A breakout above the supply zone could signal further upside potential. A rejection may lead to a correction toward $2,753 or $2,740.
Currently, EUR/USD is consolidating in a sideways range, marked by the blue zone between 1.03935 (support) and 1.04400 (resistance). The pair has been fluctuating within this box, showing clear rejections at both the upper and lower boundaries, reflecting a lack of momentum and decisiveness in the market. Technically, the price is hovering near the EMA 34 and 89. A breakout from this range could lead to a significant move. If the price breaks above 1.04400, it could signal a bullish continuation toward higher levels. Conversely, a break below 1.03935 would indicate further bearish potential. However, the overall bias leans toward the upside, as the price has shown strength above both EMAs. Personally, I’ll continue to prioritize buying opportunities. What about you? Share your thoughts!
AXS ~ 6D #AXS Retesting this support would be a very good buying place for now,. Buy in stages with a minimum target of 20%+
Given the structure the chart has created, good support is seen in the $31 and $32 ranges, and two large orders have also been placed in these ranges.
Technical Analysis for Trading Current Price Action: * DIA is in a strong uptrend, maintaining higher highs and higher lows. * It is approaching significant resistance at $445, with support established near $430 and $426. Trend Lines: * Upward momentum persists, supported by a rising trend line. This provides a bullish bias until broken. Indicators: * MACD: Positive momentum is weakening, signaling a potential cooldown but remains in bullish territory. * Stochastic RSI: Overbought conditions indicate a possible short-term retracement or consolidation. Key Levels to Watch: * Resistance: $445 (Immediate), $447. * Support: $430 (Trend-line support), $426. Trade Scenarios: * Bullish: If DIA breaks above $445 with strong volume, a move toward $447–$450 could materialize. * Entry: Above $445. * Target: $447–$450. * Stop-loss: Below $442. * Bearish: If rejection occurs at $445, expect a pullback to $430 or lower. * Entry: Below $440. * Target: $430–$426. * Stop-loss: Above $443. Gamma Exposure (GEX) for Option Trading https://www.tradingview.com/x/PW5blYpC/ * Highest Call Wall: $445 (Significant resistance zone, call sellers may cap gains beyond this level). * Highest Put Wall: $419 (Support area where put sellers provide support). * Key Gamma Levels: * Positive GEX: Above $445 supports bullish continuation. * Negative GEX: Below $430 increases volatility and bearish pressure. IV and Option Flow: * IV Rank (IVR): 21.8 (Low IV, suitable for long option strategies like debit spreads or straight calls). * Call/Put Flow: Calls dominate at 19.3%, indicating bullish sentiment. Options Trade Ideas: 1. Bullish: Buy 445 Calls, expiring within the next two weeks, targeting a move above $445 toward $450. * Entry: $445 Calls at $2.50–$3.00. * Target Exit: $447–$450. * Stop Loss: If DIA drops below $442. 2. Bearish: If rejection at $445, consider 440 Puts, targeting a drop to $430. * Entry: $440 Puts at $2.00–$2.50. * Target Exit: $430. * Stop Loss: Above $443. Outlook Summary: * Bullish bias remains intact, but short-term overbought conditions suggest a potential pullback. * Watch for clear price action signals near key levels at $445 and $430 to confirm entry and exit strategies. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and trade responsibly.
Of the 3rd rising wave since November 50 Fibonacci-% are retraced now. Give SUI a chance to continue the trend.
1. Technical Analysis for Trading * Trend & Price Action: META is showing bullish momentum, breaking previous resistance levels. The price is forming a rising channel and steadily trending upwards. * Support Levels: * $612.50: Immediate support marked as the HVL. * $600: Strong psychological support near the 3rd PUT Wall. * $588.55: The lowest support visible on the chart. * Resistance Levels: * $637.40: The current price is testing this resistance near the highest positive NETGEX wall. * $650: Next critical resistance level with GEX influence. * Indicators: * MACD: Positive histogram with the MACD line above the signal line, confirming upward momentum. * Stochastic RSI: Overbought levels indicate caution for short-term pullbacks but align with the ongoing bullish trend. * Volume: Increasing volume supports the upward movement, validating the breakout above $630. 2. GEX Option Analysis https://www.tradingview.com/x/BgVSSKLR/ * Gamma Exposure Levels: * $637.50 (Highest positive NETGEX/Resistance): Strong gamma resistance; a breakout above this level could trigger a further rally to $650. * $630 (2nd CALL Wall): Previous resistance now acting as support, indicating bullish sentiment among option traders. * $600 (PUT Wall): Minor support indicating limited bearish pressure below this level. * Option Insights: * IVR (Implied Volatility Rank): 48.9, indicating slightly elevated IV compared to historical levels. * IVx (Implied Volatility Index): 47.2, suggesting moderate IV with potential for significant moves. * Call-to-Put Ratio (Call$ %): 38.5% of gamma exposure is call-focused, reflecting bullish dominance in the options market. 3. Strategy & Action Plan * Bullish Trade Setup: * Entry: Near $630 or on a breakout above $637.50 with confirmation. * Target: $650 and potentially $660. * Stop-Loss: Below $625. * Bearish Trade Setup (Pullback Scenario): * Entry: On rejection from $637.50 with confirmation. * Target: $612.50. * Stop-Loss: Above $640. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Please conduct your own research and manage risk appropriately before trading.
Gold : Wait for a buy-on-dip opportunity. There's potential for it to break its all-time high, but short positions should wait for a clear reversal pattern. BTC : The market is currently sideways. It's better to use the support and resistance levels on the H4 timeframe for trading decisions.