Die Switch 2 ist endlich offiziell – und einige wenige noch offene Fragen damit geklärt. Doch mit der neuen Handheld-Konsole von Nintendo ergeben sich auch neue Fragen, von denen eine mir langsam richtig auf die Nerven geht.Ein Kommentar von Felix Gräber
Hello traders! ‼️ This is my perspective on AUDJPY. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish OB. Like, comment and subscribe to be in touch with my content!
The chart analysis for MEW/USDT on the daily timeframe (1D) reveals a compelling narrative for potential bullish movement, underpinned by a falling wedge pattern breakout and subsequent confirmation of support levels. Each candle on the chart represents a day's worth of price action, capturing a longer-term trend that appears poised for upward momentum. Technical Analysis of MEW/USDT Before the formation of the current triangle pattern, MEW was in a clear uptrend, indicating a bullish market bias. This was followed by a consolidation phase, culminating in the development of a falling wedge pattern—a classic bullish indicator. The breakout from this pattern, marked explicitly on the chart as a "Downtrend break and re-testing" point, is a strong signal of a potential price rally. The price has successfully retested the broken resistance line, which now serves as a new support, bolstering the bullish case. A rectangle box on the chart highlights the anticipated target zone, emphasizing a defined price objective for traders watching this breakout. Below this, a purple-shaded area marks a historical support/resistance zone, a key level that has been tested multiple times, further reinforcing its significance in determining price action. The combination of these technical signals—breakout, retest, and historical support zones—paints a bullish outlook for MEW/USDT. The broader uptrend that preceded the consolidation phase strengthens the likelihood of this pattern playing out to its projected target. Understanding MEW Meme Coin MEW, or "Cat in a Dogs World," is a Solana-based meme coin gaining attention in the cryptocurrency space. Its playful branding and community-driven nature align with the characteristics of other meme coins. However, as with many assets in this category, its value is largely speculative and driven by factors like social media trends, community engagement, and overall market sentiment. As a meme coin, MEW presents high volatility, with the potential for sharp price swings in either direction. Built on Solana’s blockchain, it benefits from the platform's speed and scalability, making it more robust compared to meme coins on slower networks. However, as an emerging asset, MEW’s long-term value and viability remain uncertain, and investors should approach it with caution. Conclusion The technical setup for MEW/USDT suggests a bullish continuation, supported by the falling wedge breakout, retest, and historical support zones. However, as a meme coin, MEW's performance is highly influenced by market sentiment and speculative interest. While the chart presents a compelling case for upside movement, investors must weigh the high volatility and speculative nature of meme coins against their risk tolerance. As with all investments, combining technical analysis with fundamental research is crucial when evaluating opportunities in the cryptocurrency market. Disclaimer: This is not a financial advise. This analysis is purely for informational purposes and should not be considered as investment advice. Trading involves risk, and you should consult with a financial professional before making any decisions.
Trend lines, support, and resistance levels are crucial in a 1-hour chart because they help traders identify key price levels and market trends: 1. **Trend Lines**: These lines connect significant highs or lows, showing the overall direction of the market. They help traders spot the trend (uptrend, downtrend, or sideways) and make informed decisions about entry and exit points. 2. **Support Levels**: These are price levels where a downtrend could pause due to increased buying interest. Identifying support helps traders predict potential bounce points, reducing the risk of entering a trade too early. 3. **Resistance Levels**: These are price points where an uptrend may pause or reverse due to selling pressure. Recognizing resistance helps traders identify potential profit-taking levels or where a trend might reverse. Overall, these tools provide critical insights into market behavior, improving trade accuracy and risk management.
3 possible outcomes based on trend and resistance supports, demand zones, and market volume increases based on sec insight data from current oversight committee as being pro crypto (very good for crypto future). having a strong bounce from our current demand zone will give the best outcome for a new high above 111-112k. Rejection of the dynamic resistance we could see some sideways movement like the past few months where we saw swings between 48k and 73k forming a large flag pattern. Seeing the same setup could be likely to gain more support around the 95k range to make a higher high. breaking that 87k-89k range would mean previous falling back to 67k-73k support. Next new high would be somewhere around the high teens low 120ks.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. ? According to our last analysis (attached on the chart), XRP has reached our $3 target. What’s next? ?As long as the all-time structure marked in green and the $3 round number hold, the bulls will remain in control, potentially pushing towards the upper bound of the red channel around $4. ? Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
in this place market maker has executed a trick and some order has left there
Wave 1) Low @ $110 to All Time High @ $264.63 - Wave 2) Golden Ratio Retracement from ATH to $169.22 - Wave 3) Price Exhaustion around $323.54 After Valid Break - Wave 4) Retracement to Previous Break of Structure - Wave 5) Final Leg Before Correction - The announcement of the Official Trump coin being launched has started an interesting turn of events and may be helping usher COINBASE:SOLUSD into an Elliot Impulse Wave! With the Solana-based meme coin reaching $8 Billion in Market Cap, value increase by 300% and $1 billion in trading volume we see COINBASE:SOLUSD at an $118 Billion Market cap, currently 15% value increase on the day and close to $14 Billion in trading volume! In a couple of days, the Pro-Crypto Trump Administration who plan to make "US the Crypto Capitol of the World" is pegged to take Office in just a couple days with expectations of actions being taken that will start to boost the Crypto Market. I suspect we will see the Extension of Wave 3 that will break Wave 1 confirming the sequence in which we will be looking for Price to Exhaust around the $323 area to then start Wave 4 by Pulling back to Retest the Break of Previous Structure being the High of Wave 1. IF support is then found, we could see the Final Leg of Wave 5 with a Range Target @ ( $418 - $477 )
BINANCE:ADAUSDT market broke through the psychological level of 1.000, closing above it. Although it retested the previous resistance zone, it encountered a pullback that formed a false breakout. This could signal a potential retest of the area just below the even handle number at 1.000 before the price moves higher. When we zoom out, we can observe that accumulation is taking place around the 1.000 level, which suggests that we may see further bullish movement in the near future. My goal is resistance zone around 1.2000 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ??
ETH dropped hard back down to 3,300 support as we expected. I wrote on Friday for subscribers of my trading chat room: ..."it is possible that bears will re-test 3,300 or even 3,150 support before the breakout". "If we get a drop down to 3,300 or 3,150 I would consider it a gift from trading gods". Now bulls got a clean bullish i up, ii down setup, a solid foundation for the next leg up in a subwave a of wave iii up targeting 3,777