As per FIB level Price is at discounted zone for the upwards target of 63.50$ . Entry level is 32.22 - 38.70 You can ask questions in the comments. This is only a Technical Analysis kindly trade on your OWN risk.
Bitcoin is staging an incredible rebound on the nearly 4 year HH Resistance Zone, while being on a bullish 1D technical outlook (RSI = 61.575, MACD = 1366.600, ADX = 28.907) and a borderline overbought 1W, which really sets the tone for the rest of the bull market. This turns the former Resistance Zone into a Support, as this is the first test and bounce since it broke in November after the U.S. elections. Symmetrically, the rally since August 5th 2024 looks like the rejection since November 8th 2021. Like the rejection reached the 2.0 Fibonacci extension, we expect the current bullish wave to do the same thing. A TP = 200,000 can be easily achieved under these conditions. See how our prior idea has worked out: https://www.tradingview.com/chart/BTCUSD/iIlkUoHg-BTCUSD-Blast-from-the-past-targets-107-000/ ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
https://www.tradingview.com/x/LcnzrCdF/ ✅AUD_USD will be retesting a resistance level of 0.6300 soon From where I am expecting a bearish reaction With the price going down but we need To wait for a reversal pattern to form Before entering the trade, so that we Get a higher success probability of the trade SHORT? ✅Like and subscribe to never miss a new idea!✅
Overview The price action around the ₹7,440 resistance level tells an interesting story. Initially, the price broke above this key level with increased trading activity (volume), signaling strong buying interest. However, it couldn’t stay above ₹7,440 for long and fell back below the resistance in the following sessions. Despite this, the selling pressure was weak, as shown by the lower trading activity during the drop. This suggests that sellers weren’t very aggressive. Signs of Buyer Strength One important observation in the circled area is that the price has been forming higher lows. This means buyers are stepping in at slightly higher levels each time, showing they are still interested. The latest green candle, which has a noticeable increase in volume, further supports this idea. It indicates that buyers are regaining control and may attempt to push the price higher. Was It a Failed Breakout or a Retest? While the first attempt to break ₹7,440 failed, the price hasn’t fallen much. Instead, it seems to be consolidating in a range, with strong buyer support around ₹7,200–₹7,300. This could mean the price is preparing for another breakout attempt, making this a potential retest phase rather than a complete failure. What to Watch for Next The next big signal will come if the price closes above ₹7,440 with strong trading activity. This would confirm a successful breakout and could lead to further upward movement. Until then, traders might want to wait for clear confirmation to avoid getting caught in a false signal. Study The circled area highlights a battle between buyers and sellers. While the initial breakout failed, the price has shown resilience by holding above key support levels. If buyers continue to gain strength and push the price above ₹7,440, we could see a bullish trend emerge. Until that happens, patience is key.
Hello Freinds, sharing my analysis in NIFTY and BANKNIFTY for 21st. I have shown a very interesting concept of demand and supply in terms of money traded in box.hope you enjoy it.
The $0.000032 resistance zone is a critical supply area; we anticipate price action will react upon reaching this level and expect a bearish trend to emerge from here. If the uptrend to the $0.000032 price level is exhausted before the well-established support at $0.0000175 is reached, we could see a decline towards lower price levels. This is just my opinion and I would be happy to hear yours(;
The dollar index dropped nearly 1% to 108.3 following the inauguration speech of President Trump, as the President did not confirm the implementation of immediate tariffs on day one, as previously pledged. Bitcoin surged over 5% to reach a record high of $109,000 ahead of President Trump's inauguration. However, a newly released document from the Trump administration to Republican lawmakers outlining immediate priorities made no mention of bitcoin or cryptocurrency, prompting some selloffs. Meanwhile, presidential memecoins are being decimated today. Official Trump is down another 44%, Official Melania Meme is down 24%, and Official Barron has plunged 92%.
BTC/USDTPERP Binance 4H hollows the price is holding JUST above the trendline!
Key Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Ashmore Group Stock Quote - Double Formation * WXY Wave Count | Completed Survey * (Reversal Argument)) At 2.200 GBP | Subdivision 1 - Triple Formation * Not Numbered Retracement | Subdivision 2 * 1.650 GBP | Area Of Value | 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
Based on EW count, Vix, volume profile, support lines QQQ is expected to continue the bullish trend till end March. Two possible corrections may then play out as seen.