What’s up, traders! Back with another GBPJPY breakdown and update. If you’ve been following my previous videos, you know we’ve been tracking a massive opportunity for a potential drop. This week, the market is playing right into our analysis. ? Quick Highlights: • We caught 90+ pips on a clean long setup after breaking above 191.46, targeting liquidity zones at 192.70 and 192.90. • Now, we’re flipping short after spotting key rejection areas and volume shifts. • We’re targeting major levels at 190.00 and possibly beyond as we wait for the market to show its hand. This setup shows why patience and precision are everything in trading. Watch how I break it down from higher time frames to entry zones, with stops and targets mapped out for both early entries and confirmation re-entries. ? The big question: Will GBPJPY break the neckline at 190.00 for a massive sell-off, or will buyers step in? Watch to find out how I’m playing this! Comment below if you want more pair breakdowns or have specific setups you’d like me to analyze. Let’s crush the markets together! ?
All eyes on RGTI with price alerts set Bounce at $5-$6 range Sell at $9-$10 40% upside from low
Bitcoin will experience a downward correction.Mabay to 40000 .
https://www.tradingview.com/x/yADCKciP/ Looking at the chart of EURGBP right now we are seeing some interesting price action on the lower timeframes. Thus a local move down seems to be quite likely. ❤️ Please, support our work with like & comment! ❤️
Coinbase has officially announced the listing of Peanut the Squirrel (PNUT), a Solana-based meme coin, for trading on January 14, 2025. The news has already sparked a 10% price surge for PNUT, though the token still trades below its all-time high. Let’s delve into the technical and fundamental aspects surrounding this development. Key Highlights 1. Coinbase Listing Details: - PNUT-USD trading pair launches on January 14, 2025, at 9:00 AM PT. - Token transfers for PNUT are live on Coinbase and Coinbase Exchange. - Trading will be rolled out in phases based on liquidity conditions. 2. Immediate Market Reaction: - PNUT’s price rose from $0.48 to $0.59, a 10% increase. - Trading volume surged over 107%, reaching $431.71 million. - Despite the rebound, PNUT remains 79% below its all-time high of $2.47, recorded in November 2024. 3. Historical Context and Legal Challenges: - PNUT originated in late 2024 following the controversial euthanasia of a pet squirrel named Peanut, which galvanized community support. - Legal disputes have since arisen, with Mark Longo, Peanut’s owner, suing Binance for alleged unauthorized intellectual property usage to promote the coin. Technical Analysis From a technical perspective, PNUT exhibits strong potential for further gains: PNUT’s recent price action forms a bullish engulfing pattern, signalling a potential upward trend. The Relative Strength Index (RSI) indicates that PNUT is not yet overbought, providing room for further price growth. Immediate support lies at the one-month low axis, providing a safety net in case of a pullback. The next resistance point aligns with the 38.2% Fibonacci retracement level, which traders are eyeing for a potential breakout. PNUT’s unique narrative and community support position it as a potential standout in the meme coin category. The Coinbase listing, coupled with strong technical indicators, creates a favorable environment for a potential rally toward $1 and beyond. Conclusion The listing of PNUT on Coinbase marks a pivotal moment for the Solana-based meme coin. With a bullish technical setup and growing community support, PNUT is well-positioned to capitalize on its newfound exposure. However, investors should remain cautious of potential legal and market risks. As the crypto industry evolves, PNUT’s journey underscores the power of community-driven innovation and the unpredictable nature of meme coins. Stay tuned for more updates as PNUT’s story unfolds in the coming weeks.
Yello, Paradisers! Have you spotted the double top pattern on #ENAUSDT? Let’s break it all down clearly. ?#ENA is showing a double top breakout, which is a strong bearish signal. The price recently broke below the support neckline and is now retesting that same level, which has turned into a resistance zone around $0.85 to $0.91. This area is key. If the price gets rejected here, it’s likely to continue its downward move toward the next support at $0.68. There’s even a chance it could drop lower into a stronger support zone if the selling pressure increases. ?However, if ENA manages to reclaim this resistance zone, the price could push higher and target the supply zone between $1 and $1.08. In this case, it would grab liquidity before continuing its downward trend. Keep in mind that this move wouldn’t necessarily signal a full reversal — it could just be a temporary bounce. ?The key level to watch for bearish invalidation is $1.08. If we see a daily close above $1.08, it would suggest that the bearish structure has broken and the price could shift back into a bullish trend. Remember, consistency is what separates successful traders from the rest. Stay focused, Paradisers. MyCryptoParadise iFeel the success?
Another lower low for GRT means another trading opportunity on the table. The black targets from the overarching structure still stand tall, patiently waiting to be reached. This is exactly why we trade anti-cyclically—the possibilities are endless, and the markets just keep on giving. Never chase. Prepare accordingly and let the market come to you. That’s how the game is played. Watch. Wait. Win.
Price is acting on a bearish channel pattern. Sellers are in charge. Join my telegram t.me/trading100place
https://www.tradingview.com/x/Vn7kbnwP/ Take a look at our analysis for SILVER. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 29.780. The above observations make me that the market will inevitably achieve 28.792 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
https://www.tradingview.com/x/TmKnsQsX/ Please, check our technical outlook for NZDUSD. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 0.558. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.551 level soon. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!