Looking like a good short setup here risk to reward . Currently price is sitting at a 7 year supply area.. monthly and weekly technicals are getting overbought and daily technicals are at extremes already... The short Entry would be below 81.00 with the first target being 78.00 2nd target 74.00 https://www.tradingview.com/x/rDG9n71I My final target would be 63-67 but I expect price to bounce at 74.00 so id take profits there or tighten stop Daily candle showing a Bearish reversal A close below 81 tomorrow would confirm the reversal https://www.tradingview.com/x/LUVo7fe6
Bitcoin is consolidating in a symmetrical triangle, hinting at an imminent breakout. Price compression, lower volume, and indecision reflect a tug-of-war between bulls and bears. Pattern Setup: The triangle structure suggests a breakout is approaching. Will it continue the trend or reverse? Volume Decline: Typical of consolidation, but will the next volume spike confirm the direction? Momentum Indicators: RSI sits neutral, MACD is flattening, and ADX shows no dominant trend. Are we on the verge of momentum? Key Levels: Support at the triangle's base and resistance at its upper boundary will guide the move. Scenarios: A bullish breakout aligns with continuation, while a breakdown risks reversing the trend. Questions for the Community: Do you see this as a continuation or reversal pattern? Would you trade the breakout or the range until confirmation? Share your thoughts—where do you think BTC is headed?
I want to explain fro a previous wave and Trend Based Fib Retracement why I'm more bullish at 1.618 than 2.0 at the moment. Previously you can see how 1.618 had no impact on support. Looking at my previous post (where we are now) there seems to be more support at this level. Then is not now. Looking at the levels. Shows both Gartleys: https://www.tradingview.com/chart/PEPEUSDT/IGV8xf1p-Pepe-Revised-Elliot-Wave-Count-and-Gartley/ The key is Trend Based Fib retracement tool for supportt/resistance levels. Thats a massive start!
Technical Analysis: If there's a strong resistance level ahead or if price is nearing an overbought condition (using indicators like RSI or MACD), a pullback could be expected. Fundamental Factors: Are there any upcoming events (such as economic data releases or central bank decisions) that might drive the pair down? Market Sentiment: Sentiment shifts in the Eurozone or Switzerland could impact the EUR/CHF pair. For example, any geopolitical tension or financial market fluctuations could also contribute.
HUL weekly chart show are still in higher time frame wave 4 consolidation, and we might have done with wave A of the last leg to raise on B and then fall on C to finally complete the corrective phase on the stock, The chart only shows probability of wave patterns and does not guarantee movement on this pattern as this depends on herd psychology and its behavior. always protecting capital is the first target for any trader to be successful
Hello traders What fun had by all at the WEF in Davos today, listening to DJT threatening our allies, Canada and the European Union, oil producers, US banks and finally, the FOMC, his favorite foe. AND Central Banks across the globe: drop interest rates. WHAT???? He does not even pretend anymore that there is something called the free market, ESPECIALLY in the Grand Daddy of capitalist countries, our beloved USA. His lashing out at anything he does not like and signing executive orders like a dictator, has semblances of Dr. Evil in "Austin Powers, International Man of Mystery." Except, this is not funny. It is embarrassing for the "Leader of the free world" stating that we are all his b****es and had better obey. He seriously acts like he runs the planet and no one should dare cross him or ignore his demands. I have to wonder how it is going to turn out for Co-President Musk who contradicted and criticized Trump and the bigly AI Stargate project. You said what, Elonia??? LOL Anyway, I've had my fun for the day writing thus far. Let's get serious. How did the markets react to his rants? I could not monitor it live because I was under deep sedation for a spine L5-S1 discectomy at the time. Therefore, I apologize for any spelling errors or anything that does not make 100% sense. Looking at the charts, I believe the markets shrugged and ignored him. *DXY is at the same support level since 12/20/25 *So is US10Y *Gold hit a technical resistance level yesterday *EUR/USD: it completed a Head and Shoulders technical formation and backed away from the 1.0436 level. My short trade is still in play. So, a bigly old nothing burger. The Federal Court system has called his ending birthright citizenship a "blatantly unconstitutional" executive order. Hegseth's confirmation hangs in the balance with Republican Senators Murkowski and Collins indicating they will vote no. There is pushback from diverse quarters because allowing this guy to go unchecked again will lead to international disaster. Oh, and good job ending the Ukraine conflict with a phone call within 24 hours... In conclusion, I circle back to what I have said in my two previous ideas: don't lose your head about his BS. Trust your charts and own informed assessment. I check this chart layout throughout the day because these are the asset classes that I believe reflect where currencies are heading. I check S&P 500, NASDAQ and Bitcoin too as a bellwether of risk. Successful trading for all of you FX warriors.
On Semiconductor The company is currently trading at $56.26 per share at TTM Price-to-earning(P/E) ratio of 13.69, approximately, with a forward P/E ratio of 13.92. The enterprise value to EBITDA (EV/EBITDA) is about 8.89, with profit margin of 23.8%. Analysts’ consensus estimates for the upcoming quarter project earnings per share (EPS) between $0.92 and $1.04, with revenue expectations ranging from $1.7 billion to $1.8 billion. Based on the estimates, the calculated intrinsic value of the forecasted share price lies between $52 to $57.9 range. Focus Industries : Automotive, industrial, and IoT markets. Strengths : 1. Leader of the product segment. 2. Growth in EV and ADAS solution. 3. Vertical integration mitigating supply chain risks and reaching operational efficiency. 4. Global operating segments - Optimism grown alongside with interest rate optimism tailwind. Weakness : 1. Dependence on cyclical markets 2. Limited presence in certain high-growth segments 3. High CAPEX limiting shareholder return Key Customers: 1. Tesla, GM, Ford, and other automotive manufacturers. 2. Dell, HP, and Cisco.. 3. IoT companies and manufacturing organizations.
Tesla has announced that its redesigned Model Y SUV is coming to the U.S., Canada, and Mexico in March, with a starting price just shy of $60,000. The news comes just two weeks after Tesla first revealed the new-look Model Y and said it was coming to China and other Asian markets, also in March. […] © 2024 TechCrunch. All rights reserved. For personal use only.
Hello guys I have an idea for buying best meme token for ton platform Dogs hame a small market cap and good exchange listing Now price is cheap no risk for buying Buy and hodl
Looks like XYO is falling underneath this line I drew to represent the first big candle at the end of the year. The lack of sustaining value from XYO holders is more than disappointing. It is like these people have not seen all these other cryptocurrency make money so long as the people don't panic sell from the first big candle.