The dominance is moving within a descending channel, confirming a bearish structure. Multiple rejections from the upper trendline (marked with arrows) indicate strong resistance around the 4.40% zone. The highlighted green area near 4.10% acts as a crucial support zone, aligned with the channel's lower boundary. A breakdown below this zone could lead to a sharp decline toward 4.00% or lower levels. Moving Averages: The green moving average (likely 200-period) suggests a broader bearish bias as dominance struggles below it. The purple moving average (shorter-term) adds to the immediate resistance near 4.30%. Short-Term Expectation: The chart suggests a potential pullback or retracement toward the support zone, as the red arrow depicts. Breaking below the support zone could intensify selling pressure in the crypto market, potentially signaling inflows into altcoins or BTC. Resistance: 4.30% – 4.40% Support: 4.10%, followed by 4.00% USDT dominance appears to be consolidating near key levels, with a likely continuation of its downtrend unless significant bullish momentum emerges. Monitor for a breakdown of the support zone, as it could impact overall market liquidity dynamics. For updates on other coins or personalized insights, feel free to reach out via DM. @Peter_CSAdmin
Ethereum is still trading below our bounce zone, which marked a resistance for the coin (and also got alined with EMAs). After a successful re-test, price has been in a decline trend here so we expect further pressure from sellers to be shown, which would lead price to a break of lows here and towards the support zone! Swallow Team
pretty sure we go to .80 I hope because there is a lot of superchain expansion
The stock has alhamdulillah achieved TP1 and now riding towards TP2 of 19.28. Instant entry can be made here for 9% quick gains
Trade the range - if you have the patience. Buy under $20 and sell at $64 for 200%+ gains
Bitcoin is still trading below the major resistance zone of $100,000, where upon approaching the new year, markets are pretty calm, almost like a scenario "calm before the storm.". Those upcoming days will be very volatile so we would suggest to still stay away from the markets but overall we are expecting a liquidity sweep to happen, which would be the most logical move on the markets, and the majority of liquidity is lying on the lower side of the 200EMA so that's the place we are looking for the price to be reached! Swallow Team
BITSTAMP:ETHUSD ETH/USD: Smart Money Concepts and Price Action Analysis for Optimal Entries Analysis: Price Action Strategy: Support and Resistance Levels: Key support level at approximately 3,316.6 USD. Key resistance level at approximately 3,387.5 USD. Trend Analysis: The chart shows a recent downtrend with multiple Break of Structure (BOS) and Change of Character (CHoCH) indicating potential reversals. The price is currently testing an Order Block (OB) around 3,370.6 USD, suggesting a potential buy opportunity if the price holds above this level. Smart Money Concepts (SMC): Order Blocks (OB): A bullish OB is identified around 3,370.6 USD, indicating a potential buy zone. A bearish OB is identified around 3,387.5 USD, indicating a potential sell zone. Break of Structure (BOS) and Change of Character (CHoCH): Multiple BOS and CHoCH are marked, indicating shifts in market structure and potential entry points. ICT Strategy: Fibonacci Retracement Levels: Key Fibonacci levels are marked: 0.382 (3,357.0 USD), 0.618 (3,324.1 USD), 0.705 (3,403.7 USD), and 0.786 (3,415.5 USD). The price is currently near the 0.382 level, suggesting a potential retracement and buy opportunity. Volume Profile: High volume nodes around 3,380.6 USD and 3,370.6 USD indicate significant trading activity and potential support/resistance zones. Indicators: RSI: RSI is currently around 49.00, indicating neutral momentum but potential for a bullish reversal if it moves above 50. MACD: MACD shows a potential bullish crossover, suggesting a buy signal if confirmed. Buy Opportunity: entry: 3370.6 tp1: 3387.5 tp2: 3415.5 sl: 3316.6 Follow @Alexgoldhunter for more strategic ideas and minds
The Japanese Yen strengthened against the U.S. Dollar on Friday. The USD/JPY pair declined after recent gains as the Yen gained strength following the release of Tokyo’s Consumer Price Index (CPI) inflation data. This data is expected to support the Bank of Japan in raising interest rates in January. The Tokyo CPI inflation rate rose to 3.0% year-on-year (YoY) in December, up from 2.6% in November. Meanwhile, the Tokyo CPI excluding fresh food and energy increased by 2.4% YoY in December, compared to 2.2% the previous month. The Tokyo CPI excluding fresh food also rose by 2.4% YoY in December, slightly below the expected 2.5%, but higher than the 2.2% recorded in November. From a technical chart perspective, the USD/JPY pair tested the resistance level of 158.05 but failed to sustain that price and dropped to the support level of 157.58. If there are no significant movements ahead, this pair could continue to decline toward the previous support levels of 157.33 and 156.96.
i think the NZD/CAD might continue to sell, as we can see it has retested an uptrend and the downtrend, but the market is heading or retesting in the selling direction and currently its experiencing some quite indecisions but im hoping for good bearish candlestick as confirmation after the indecisions before i place my sell down to 0.79592.
OKLO had a great move to the upside recently and has been cooling off in a bull flag pattern. By taking the height of the first move and dragging it to a potential breakout, I measured my price target. I’m long when this breaks out.