https://www.tradingview.com/x/JdYeaC4R/ ✅USD_CAD broke the key Horizontal level of 1.444 While trading in an uptrend So we are bullish biased And after a potential Pullback we will be Expecting a further move up LONG? ✅Like and subscribe to never miss a new idea!✅
Hello everyone, let's look at the 1D MKR to USDT chart, in this situation we can see how the price is moving in a channel where it is currently struggling to choose the direction of further movement. Let's start, however, by defining the goals for the near future that the price must face: T1 = $1,533 T2 = $1,703 Т3 = 1997$ Now let's move on to the stop-loss in case the market continues to decline: SL1 = $1,301 SL2 = $1150 SL3 = $1008 When we look at the RSI indicator and the MACD indicator, we can see that we are moving at the bottom of the range, which may indicate an upcoming trend change, in this situation, after such accumulation, we should see price increases again.
On the daily chart, we can see that the price is struggling to advance past the 3.5k level In my opinion, this is the final resistance before reaching an all-time high (ATH). If we can reclaim this level, the entire structure will shift, leaving us with a triple top acting as a magnet at 4.1k. Otherwise, we might see the price filling the wick down to 3k (crucial level to hold), at least by 50%, or we could see a decline towards the 2.7k - 2.4k area
Ethereum is in a phase of uncertainty despite Vitalik Buterin's bullish tone on X. While sentiment among large investors shows anger, we’re here to check the facts instead of entertaining rumors. Let’s dive into the technicals: ? Weekly Chart Analysis: Doji Formation: The weekly chart is printing a doji candle, a classic signal of indecision. However, when appearing after a period of decline or consolidation, it usually indicates a potential trend reversal. This tells us that the market may be prepring up for a breakout. Golden Pocket Zone: ETH is currently hovering around the golden pocket (0.618-0.65 Fib) on the weekly timeframe. This zone is usually considered an amazon prime area for reversals. Why? Because it attracts buyers. Reclaiming and holding this zone could come as a launchpad for higher highs. RSI at 50 Zone: The RSI is sitting around 50, a neutral level that often comes before strong directional moves. We have low propability for a drop, as we are getting into bulls market. A bounce off this level typically signals renewed bullish interest, especially if it comes together with a key support zone like the golden pocket. ? Price Expectations: Once ETH confirms strength, I expect a move toward the previous ATH at $4,868, which is a natural magnet for price action. Simillar move we saw this week for XRP. Beyond that, the 1.618 Fib extension at $7,850 is a next target, especially if Ethereum is considered next altcoin with its dominance, therefore investor and retail confidence rises. ? Summary: ETH is showing promising technical signs for a potential reversal, with the golden pocket and doji formation signaling bullish sentiment. While patience is needed, the setup suggests ETH could not only touch its ATH but also make a new highs this season. All eyes are on the golden pocket zone as the critical pivot point for Ethereum's next move. Previous highs were just a warm-up; the best could still be ahead! ?
Greetings, this is an update for our BTC Elliott Wave count. In the past days we created another low and saw a very impulsive reaction to it which can be very well counted as five Wave move up. We assume that blue Wave 4 has bottomed in the dip below 90k on the 13th January 2025 and that we started blue Wave 5. We assume that the recent move up displayed as white Wave 1 is finished as a five wave move up displayed in green and that we started a retracement in white Wave 2. White Wave 2 support sits between the 0.382 FIB at 99337.8 USD and the 0.786 FIB at 92520.3 USD. After we finish white Wave 2 we can calculate targets for white Wave 3. I'd like to add some comments regarding the count. The recent price action is very bullish which opens us a few doors to different possibilities. I'll make another post for "BTC - 1H Elliott Wave Analysis" where I'll discuss a count in case we get a more direct breakout. I'll link it below as note. Be aware that we get the inauguration of Trump next week and the stock market is closed on Monday which both can have some effect on Crypto. Noteworthy is that the red Wave C only touched the 0.618 FIB at 92815.9 USD which is a rare target but a valid one. If we get an aggressive sell of in the coming days we'd assume that the recent move up was only a reset of the red Wave B but we deem that rather unlikely. Additionally I added the 0.382 FIB at 99337.8 USD to the white Wave 2 support area because the recent price actions was very aggressive and bullish which could mean we only get a shallow retracement. The 0.382 FIB is a rare target for a Wave 2 but a valid and we have seen it in the past in Bitcoin. Thanks for reading. NO FINANCIAL ADVICE.
On the daily chart, we can see a mini-distribution is taking place on CRYPTOCAP:PEPE The immediate resistance is currently at .000020 If we lose .0000168 support, we can see it retesting .000012s or it can wick down to daily imbalance at .00009 area
QQQ reacting nicely to the Channel. I'm short term bearish on this. I think it needs a 2%-3% pullback before it breaks out for good. Since the 1.618 fib is right there, and the wick for Friday's (1/17/2025) candle was rather bullish, I could see a fake breakout to the fib and then break back down into the channel. I also have a long position set up just incase this breaks out and keeps running. KEY: -White Horizonal Lines: Previous High/Low, regardless of timeframe. -Green Horizontal Lines: 1.618 fib level. -Blue trendline: Trendline.
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Goldtrend nach unten, Verkauf empfohlen!! Unterbrochener Kanal: Der Preis ist kürzlich aus einem steigenden Kanal ausgebrochen, was auf eine mögliche Trendwende hindeutet. Nach dem Ausbruch testete er die Grenze des unterbrochenen Kanals erneut, was darauf hindeutet, dass dieses Niveau nun als Widerstand fungiert. Doppeltop-Formation: In der Nähe der oberen Widerstandszone um 2.710–2.730 $ ist ein Doppeltop-Muster zu beobachten, was darauf hindeutet, dass der Preis Schwierigkeiten hatte, seine Aufwärtsdynamik aufrechtzuerhalten. Dies ist ein bärisches Signal, das eine mögliche Umkehr in naher Zukunft andeutet. Mittellinie des größeren Kanals: Der Preis berührte die Mittellinie des größeren Aufwärtskanals, bevor er zurückging, was die Bedeutung dieses Niveaus als wichtige Widerstandszone unterstreicht. Möglicher Weg: Wenn der Preis die Widerstandszone (2.710–2.730 $) nicht durchbricht, könnte er stark in Richtung der nächsten Unterstützungsniveaus um 2.580 und 2.540 $ fallen.
Wir sehen bei Bayer ein weiteres Signal für ein Aufwärtstrend. Ein Morning Doji Star , der allerdings noch nicht abgeschlossen ist . Die Letzte Grüne Kerze sollte in 12 Tagen abgeschlossen sein und mindestens die erste Rote Kerze 50% korrigieren um diese als Morning Doji Star zu identifizieren. Man erkennt auch ein Gap zwischen der ersten Roten Kerze und dem Doji, was ein starkes Signal ist für eine Trendwende. Der untere Doji ist auch eine Unterstützungzone , wo der Preis nochmal hin laufen könnte. Muss er aber nicht. Bleibt Spannend