US100 -21,500 is a key resistance with prices recently struggling to break above it plus price tested 10 years trend line , i am expecting a solid downtrend.
More Bullish on XRP XLM XDC more now then ever. Its like all the paid actors are in political alignment and the script needs to just turn to the next chapter for ultimate euphoria. Hang on tight! I believe we in for a moon shot before the 19th. Soon to be priced out of comfortable levels.
2 Bottoms identified (Potentially 3) - Rising Volume Throughout all 3 bottoms - Breakup to new support which held on previous lows. Breakdown held support. A little tricky may have to keep on eye on it. Have a great day!
? Harmonious energy flow: buyer dominance and zone magic ? Friends, we have witnessed an amazing play of energies in the ETH/USDT market! ? The chart clearly shows how the price tested the buyer's zone twice in the range of 3180-3225. This key level has become a real “place of power” ?, where the energy of buyers not only held the position, but also led to a strong impulse movement upwards ?. ? What happened? A repeat test of the buyer's zone took place during the release of important macroeconomic indicators ?. But the most interesting thing is that the market, like a true seer, had already priced this release long before it was published. This confidence of market participants only strengthened the protection of the zone, where volumes increased and energy gained the capacity to break through ?. ? Why is it important? The buyer's zone works as an “anchor”, holding prices in times of uncertainty. Interaction with this zone clearly showed the willingness of buyers to dominate sellers. The macroeconomic data only reinforced the existing market scenario, and the harmonious flow of energy was realized in the form of a steady upward movement. This is another vivid example of how the concept of harmonious energy flow allows you to see the hidden dynamics of the market and feel its rhythm. ? Energy continues to pulse, and we are discovering its secrets together. ? Stay with us and follow the developments! ✨
Possible Head and shoulder pattern for chart analysis purpose only
Demand 38000 Mqp Higher low Incoming bull yearly candle Us30 correlations Nasdaq correlations Ger30 correlations
Mukund Limited - technical view MUKANDLTD, here we are in wave 4 complex correction & could end @ 91 levels. Lets see hoe wave 5 unfolds in MUKUNDLTD.
Greetings, this is an update for the Elliott Wave count of XRP. We broke out of the Elliott Wave Triangle that was communicated in the last posts. We assume that the green Wave 4 has finished with this Elliott Wave Triangle and we started the green Wave 5. We count the recent move up which was the breakout as blue Wave 1 which could be finished but there is still the potential of further extension. After blue Wave 1 finishes we want to see a corrective retracement in red Wave ABC which would finish the blue Wave 2. The support area of blue Wave 2 sits between the 0.5 FIB at 2.6144 USD and the 0.786 FIB at 2.3774 USD. We added the 0.382 FIB at 2.7121 USD to the blue Wave 2 support area as XRP tends to have aggressive breakouts which could mean we get a shallow Wave 2. The blue Wave 2 support area will move up if we get further extensions to the upside. Congratulations to everybody who entered on the blue Wave E support area! :) Thanks for reading. NO FINANCIAL ADVICE.
AMAZON is neutral on its 1D technical outlook (RSI = 52.618, MACD = 1.360, ADX = 32.455) and is trading under its 4H MA50. With the long term pattern being a Channel Up and the price already hitting its bottom, this emerges as a medium term buy opportunity. The Channel's pullback has already met the 0.382 Fibonacci retracement condition, which is the level all three prior pullbacks hit before rebounding on a new bullish wave. Those waves hit at least the -0.382 Fibonacci extension on their way up, so that is our target (TP = 247.00). See how our prior idea has worked out: https://www.tradingview.com/chart/AMZN/4zbkadzQ-AMAZON-Small-pullback-expected-Buy-the-dip/ ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
US30 is retracing to a key area left behind by a high-volume candle. The area lines with my normal entry zone of the 50% and 61.8% retracement zone.