Solana (SOL) has bounced off a critical support level and is forming higher lows, indicating a potential bullish reversal. The price is consolidating near the lower end of the range, preparing for a breakout toward the key resistance level at $303.22, offering a significant upside opportunity. The strong uptrend from previous higher highs and the Ichimoku cloud acting as dynamic support strengthen the bullish case. This setup suggests a potential rally as buyers regain control, making this a key moment to watch. Stay tuned for a breakout! ??
Sharing key market levels for potential long entries for upcoming months.
Based on Gann's cycle, SMCI holds an interesting level and is ready to start a huge second long wave to 64$ as a first station and then 85$. I don't know what news we will see, but the chart looks very bullish.
We have a great zone where the price could go. Lets wait after the new year if we see a good trend.
If we take a look at bitcoins trajection at the beginning of the Bull run you can see that it is set to pick back up. The red lines indicate possible turnaround points. The bottom red line is at 82K, followed by 84, 86, 88 and then current price. In short we could go as low as 82k or if we traded sideways all the way until the end of January we could stay at current levels..... A close below 82K would push us down towards 67k. The RSI is at 42 approx. Indicating there is still more downtrend coming, considering we are in a bearish market right now.. I believe there is too much uncertainty in the market right now to put your money in. Sit back and wait for the dips.
EUR/USD moves higher to near 1.0430 in a thin trading volume day, while its broader outlook remains weak amid a firm US Dollar. Investors expect the ECB to reduce its Deposit Facility rate by a further 100 bps next year. US Initial Jobless Claims for the week ending Dec 20 surprisingly fell to 219K. EUR/USD rises to near 1.0430 in Friday’s North American session amid thin trading following the Christmas and Boxing Day holidays. The major currency pair gains as the US Dollar (USD) ticks lower despite firm expectations that the Federal Reserve (Fed) will follow a gradual policy-easing path as inflation has rebounded slightly in the last three months. The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, struggles to hold the crucial support of 108.00. The performance of the USD has remained upbeat in the last few months in part by expectations of firm growth under the administration of United States (US) President-elect Donald Trump and growing speculation of a slowdown in the Fed’s easing cycle.
WHEN IT GOES UP IT COMES DOWN . tesla had parabolic run TO 161% PROJECTION WAVE 3 //now time for pullback ..keep an eye on MA50 AROUND $350 THATS WHERE 38% RETRACEMENT LEVELS FOR WAVE 4 FALL
Trying a small scaling in amount on the lower time frames make it more acurate. Always watch the higher time frame jn the same time. If they both look good it an entry signal confirmed. Read IDEX for safety advice please. Thank you for reading
Breakout done in Daily chart. Retest alao done on Support Line (1560)... Volumes are also good....
I don't see good signs in #Bitcoin. The Alligator's lip line has crossed both the teeth and jaw lines downward, and the Awesome Oscillator has also entered the negative zone. The drawn support line on the chart is a very significant support area, and if broken, the #Bitcoin price will experience a much deeper drop.