S&P 500 like NDQ 100 is about to dip 35% Has similar justification with NDQ 100 although its bearish divergence is much more pronounced.
#ETH/BTC #Analysis Description --------------------------------------------------------------- + ETH/BTC pattern looks exactly like the pattern we have seen before 2021 bull run. + There is some serious is consolidation that we have seen over the years and price is expecting to be bounced back any time now. + I'm expecting the price to move in a pattern which matches with 2020 ETH/BTC pattern. + I'm entering some position now to increase my BTC balance. --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Hi folks today I'm prepared for you Bitcoin analytics. A few moments ago, the price reached the resistance level, which coincided with the resistance zone and broke it. Then price made a retest and some time traded inside the resistance zone, after which it rebounded and started to grow to the trend line. When BTC grew to the trend line, it turned around and made impulse down to the 101000 resistance level, broke it, but later it tried to grow and failed. After this, the price continued to decline and fell until below the support level, which coincided with the support zone. Later BTC rebounded up to 99250 points and then started to decline. In a short time, the price fell to 92700 points, breaking the support level and soon turned around and made impulse up to the trend line, breaking the support level one more time. After this, BTC some time traded near the trend line and later broke this line too, and rose a little higher. But a not long time ago, the price dropped to the support level, breaking the trend line one more time, and now trades close to this level. So, I expect that BTCUSDT will fall to the support zone, after which it can start to grow to the trend line. When it reaches this line, the price can break it and continue to move up next. That's why I set my goal at 98K points. If you like my analytics you may support me with your like/comment ❤️
DOGE looks weak, like most other meme coins do. It's currently retesting the former trading range from below, which is a bearish signal. It might pull up first and then go down, or go straight down, but I think the direction is down. The exact target of the short is hard to determine as it went up so fast and there isn't a lot of structure in the chart. I would use a trailing stop once in profit.
Nasdaq Index looks like its about to di 32% more. Justification: High timeframe RSI bearish divergence and looming debt crisis in the US.
Spot gold is trading sideways at a high level, and is now quoted at $2,630/ounce. The support and pressure levels are high selling and low buying, with a pressure level of 2,642 and a support level of 2,613. Gold opened high in the morning of the Asian session, and tested the support of the 2,608 area on Monday. Gold closed at a high level on Tuesday, and ran above the 2,620 area again in the Asian morning session on Thursday, indicating that the support below is strong, and the support area is still bullish. The prediction and analysis of the Asian morning session showed that the 2,626 area above has been strongly broken, and the breakthrough will continue to look up. The focus of the day is on the 2,633 and 2,642 points above. These two points are also a matter of time. As long as you hold the long order, you can make more money! Yesterday, it was predicted that gold bulls will rise sharply in the Asian morning session today, and we have seen the results! The current highest is the 2,630 area. At this stage, it depends on whether it will continue to follow the analysis of the morning session. Wait and see! In terms of U.S. trading operations, hold long orders in hand. Gold is directly long near 2627. It has now broken through 2626. At this stage, it depends on the two points of 2633 and 2642. If it breaks through, continue to buy long. If it touches 2642 for the first time, you can sell short. See Just go to 2635-33. The U.S. market backtests 2633 and goes long again. Look above 2650! I said yesterday that if the market opens at a normal high, the expected limit of the bulls can be seen in the 2670 area! Gold trading strategy: Buy gold directly near the current price of 2627, with targets at 2642, 2650, and 2664; sell short if it reaches three points of 2642, 2650, and 2664 for the first time; buy long in batches if it reaches three points of 2624, 2621, and 2615; more real-time The layout is subject to the actual offer;
A strategic whale investment of $2.47M in Pudgy Penguins (PENGU) has sparked fresh interest in this meme token, driving its price up by 15.35% at press time to $0.04062. Over eight days, the whale accumulated 79.9M tokens, achieving an unrealized profit of $835K. Meanwhile, PENGU has shown remarkable strength, breaking through the critical $0.0385 resistance level and aiming for $0.0699 as its next target. The steady formation of higher lows highlights growing investor confidence. However, a clean break above $0.042 remains essential for the rally to gather more momentum. Additionally, rising trading volumes, which have nearly doubled in the past 48 hours, indicate increased activity, further supporting the potential for sustained growth. PENGU’s Relative Strength Index (RSI) was 60 at press time, signaling strong upward momentum while leaving room for further growth before hitting the overbought threshold of 70. Additionally, the MACD line, at 0.0026, was above the signal line at 0.0021, confirming a bullish trend. These indicators suggested that PENGU’s rally was gaining strength, though traders should watch for signs of exhaustion. PENGU is showing promising signs of a breakout, driven by bullish momentum, growing open interest, and strategic investments. If it sustains this trajectory and breaks key resistance levels, it could indeed lead the next meme token rally. For now, the market remains optimistic about its potential.
Levels are acting very precise in ES. Since Monday’s failed breakdown at 5980, the sole target for this rally was 6100 (FOMC backtest), hit to the tick at close Tuesday and followed by a solid short since As of now: • 6066 is weak support. • Bulls need to reclaim 6078-80 to rally toward 6095+. • If 6066 fails, selling could resume back down to backtest where we took off from Tuesday at 9am
TON once again, we got slapped back at $6.00. It’s like investors see $6.00 and collectively go “Nah, too spicy.” If we want to moon, we need to break that descending trendline and get back into the simulated channel. Rejection from mid-range just confirmed it: this is valid TA, not hopium.
Nestcon is showing signs of strength with a primary target at RM0.710 – nothing is impossible if this momentum continues! ✨ Key Levels: • Strong support: RM0.350 - RM0.355 • Short-term target: RM0.550 • Long-term target: RM0.710 If volume increases, this could pave the way for further upside. Keep an eye on this counter for exciting opportunities!