There is some key econ data coming out this week. Looking to short into key Fib levels before looking for longs again. The dollar is very strong, however I believe is over extended a a pullback is next before we see higher highs.
https://www.tradingview.com/x/YQT5XcSw/ ''BTC/USD: Key Supply Zone in Focus'' This chart highlights a significant supply zone between $94,858.98 and $95,979.83, marked by previous price rejections (indicated by the arrows). This zone represents a key area of resistance where selling pressure has historically dominated. If the price revisits this zone, there’s a high probability of another rejection, potentially leading to a downward movement. Traders should monitor this area closely for potential short opportunities or signs of a breakout. ? What’s your take on this supply zone? Will it hold, or are we breaking through? Let me know your thoughts in the comments! https://www.tradingview.com/x/LlqAfC3H/ "BTC/USD: Bearish Head and Shoulders Pattern" This chart showcases a classic Head and Shoulders pattern, often regarded as a bearish signal. The price has already broken the neckline, indicating a potential continuation to the downside. The target for this pattern lies near $78,490.59, calculated based on the height of the structure. Combined with the current price action, this setup suggests further bearish momentum could be on the horizon. ? Do you agree with this bearish outlook? Or do you see a reversal coming? Share your analysis in the comments below!
Unser Dax setzte sein auf und ab auch am Montag nochmal fort und lässt uns dabei wieder recht signallos zurück. Guten Morgen :) Marken mit Wichtigkeit und hoher Reaktionsfreundlichkeit für heute und die nächsten Tage sind meiner Meinung nach: 20730, 20425, 20360, 20205, 20120, 19895, 19600, 19480, 19335, 19250, 19120, 19050, 18880, 18760, 18600 Chartlage: positiv Tendenz: aufwärts Grundstimmung: positiv Nachdem unser Dax am Freitag nun auch nur wild herum gekreiselt hatte ohne neue Signale zu generieren bleib die Einschätzung so erst einmal unverändert. Sollte es unserem Dax also gelingen die 20360 / 20400 zu überwinden bleiben 20450, 20520 und auch 20600 erreichbar. Unterhalb waren unter 20250 / 20200 grundsätzlich 20120, 20060 / 20040 und tieferes ableitbar, doch sollte man sich die Tiefs sehr genau anschauen. Würden die auch nur wieder nach oben zucken, würde man die Bewegung seit Mittwoch wohl als Flagge einstufen dürfen. So die Zusammenfassung von gestern. Oben zeigte sich unser Dax dann gar nicht im signalwirksamen Bereich und ging von Beginn an unter die 20250 / 20200 drunter, erreichte 20120 und 20060 / 20040 und drehte sich von dort dann wieder deutlicher hoch. Auch wenn das schon recht träge wirkte, brachte es uns im Ergebnis dennoch eine grüne Tageskerze in den Chart. Das nimmt der Abwärtsdynamik nun schon mächtig Druck raus, was es ihm leichter machen würde am Dienstag erstmal wieder weiter hoch zu drücken. Die wichtigste Station wird dabei am Dienstag nun die 20250. Stößt sich unser Dax von der 20250 einfach nur nach unten wieder ab, sind von dort 20190 leicht nochmal erreichbar, rutscht er dort fluffig genug durch, dürften auch 20150 und selbst nochmal 20060 / 20040 erreichbar werden. Verweigert der aber weiter unten Druck aufzubauen und bummelt sich dann wieder hoch, würde ich insbesondere über 20250 dann mit 20320 und 20400 rechnen. Die Scheine bleiben gleich. Für Aufwärtsstrecken der PG70KW KO 18600 sowie GQ9CGN KO 17000 und für Abwärtsstrecken der GG34Z4 KO 21400. Fazit: Auch zum Montag wirbelte unser Dax nochmal mehr Staub auf als neue Signale zu liefern und drehte sich nach schwachem Start auf ein neues Tageshoch zum Schluss wieder um. Das würde es ihm leicht machen die 20250 zum Morgen oben gleich noch anzustechen und dann wird die zur Richtmarke für den Dienstag. Stößt er sich dort hart genug wieder ab, sind unten 20200 aber später auch wieder 20150 / 20120 und gar 20060 / 20040 nochmal möglich. Sollte der aber einfach drüber laufen, als wäre da nichts im Weg, sind oben 20320 und 20400 dann die nächsten Anlaufstellen.
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I will believe Price will go down further before making it's way back to the top.. I might look for shorting opportunities after market open
NZDUSD - 24h expiry There is no clear indication that the downward move is coming to an end. Further downside is expected. Risk/Reward would be poor to call a sell from current levels. A move through 0.5540 will confirm the bearish momentum. The measured move target is 0.5475. We look to Sell at 0.5585 (stop at 0.5625) Our profit targets will be 0.5485 and 0.5470 Resistance: 0.5550 / 0.5580 / 0.5600 Support: 0.5525 / 0.5500 / 0.5475 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
This analysis cannot not recommend OMXSTO:YUBICO as an investment stock with this price level. Overview of the Company The company operates in the cybersecurity category (actually, what it does is not traditional cybersecurity services, we may call it as information security or data security). They produce a single device used for authentication (web, mail, door etc.). However, the increasing number of passkey-based authentication (biometric, camera or pin-based methods) in today's computers is the biggest competitor of this system. Because such services come free with the device you buy. Current Price : 216 Moving Averages Daily 200 : 232 Prices broke 200-day support on 3rd of January. Price under 200-day daily is a very strong indication that the stock operates in down trend Weekly 50 : 219 Prices broke 50-week support on 7rd of January Waves If the pries goes under 204, it confirms the downtrend. One another support is on 176 that looks a senseful price to have this stock for long term. Candles Monthly : Most recent two candles is making lower low with a high volume that is an indication of a downtrend. Indicators MACD Weekly : Growing histograms under base level indicates sell pressure. MACD Daily : Formation of a divergence started that indicates price reversals. MACD 4H : A divergence has been formed, but histograms are very short that may indicate a noise. MACD 1H : If prices does not go under 216, it is a signal to buy (short term trade as well as a week signal) Super trend : 1H - 4H - 1D : Downtrend PSAR : 1H : Uptrend (weak) 4H - 1D : Downtrend Harmonics A harmonic pattern has been formed with a good wave structure. The harmonic has been supported by support and resistence lines. But the price operates under harmonic pattern level that is an indication to stop out. When the price hits 211, the formation fails. Fundamentals Valuation : P/E : 54 (Very high) Price to cash flow ratio : 95 (Extremely high) Summary : Very high price Profitability Gross margin : 80% (Significant) Net margin : 13% (Good) Summary : Profitable Solvency : Debt to equity : 0.04 (Significant) Summary : Finances itself without debt Earnings : Fluctuates, reduced -18% at Q3 Insider activity Only selling for 1 year with no buy Fond activity Selling
The price is likely gearing up for a powerful surge with the current compression. I've highlighted all the key points on the chart. ? If you have any questions, feel free to ask in the comments below! ? Happy Investing All, ❤️ Armin
Hello everyone, it seems like XRP is currently stronger than any other cryptocurrency including BTC. Meanwhile the whole sector corrected today and seems to bottom out now, XRP broke out of the bull flag and now retested it. It is a good spot to enter a trade here, some traders might wait for a close above the retest candle. Anyways the price should reach at least 3,4 dollars soon.
Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (ETHUSDT 1D chart) https://www.tradingview.com/x/fwGMnEL4/ It fell below the M-Signal indicator on the 1W chart while falling from the important support and resistance zone. Accordingly, the key is whether it can rise to the vicinity of 3265.0-3321.30 and receive support. If it fails to rise, it is expected to eventually touch the M-Signal indicator on the 1M chart. - (30m chart) https://www.tradingview.com/x/vROAfQ8r/ As I mentioned in the BTC analysis, the key is whether the price can be maintained by rising above the M-Signal indicator on the 1D chart. In other words, the key is whether the price can be maintained by rising above 3438.16. Several indicators are passing near the important support and resistance zone of 3265.0-3321.30. Therefore, we can see that it is an important zone. If it fails to rise above 3265.0-3321.30, it is expected to touch the M-Signal indicator on the 1M chart. Therefore, the point to watch is whether it can receive support and rise from the current price position (around 3136.41). - Thank you for reading to the end. I hope you have a successful trade. -------------------------------------------------- - Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) https://www.tradingview.com/x/WBuhqVrT/ Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015. In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend. Accordingly, the upward trend is expected to continue until 2025. - (LOG chart) https://www.tradingview.com/x/YtZx6YSG/ Looking at the LOG chart, you can see that the upward trend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, I expect that we will not see prices below 44K-48K in the future. - https://www.tradingview.com/x/zTnWN2r7/ The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. That is, the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, this Fibonacci ratio is expected to be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. It is up to you how to view and respond to it. Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role. The reason is that the user must directly select the important selection points required to create the Fibonacci. Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies. 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 -----------------