Wawe 5 is running, target 158.00. Elliott wave is my love!!! have a fun
NASDAQ:OM | MANTRA Chart is looking solid with consistent growth and high volume? I think we see like 6$-7$ this month. #OM #Crypto #Blockchain #Layer1
The daily chart of ICP/USDT shows a recent uptrend with the price experiencing a sharp increase followed by a slight pullback. This analysis will examine the current market conditions, identify key support and resistance levels, and evaluate the implications of technical indicators. Price Action and Structure: ICP/USDT has rallied significantly from lower levels and is currently consolidating around $11.268. The chart shows that the price is in a recovery phase after a previous downtrend, with current levels testing the support zone. Resistance and Support Levels: Resistance Levels: The immediate resistance is at $14.492 (R1). If the price can break through this resistance, it might target the next significant resistance at $16.998 (R2), which if surpassed, could pave the way to retesting higher price levels seen earlier in the year. Support Levels: Key support is established at $9.331 (S1), which is crucial to hold to maintain the current bullish momentum. Further support is found at $7.071 (S2), with an additional support level at $4.981 (S3), offering substantial fallback positions in case of a deeper pullback. Moving Averages: The price is currently above several key moving averages, suggesting that the uptrend is still intact despite the recent pullback. These moving averages might act as dynamic support in the event of further price drops. Technical Indicators: MACD: The Moving Average Convergence Divergence (MACD) is showing a decrease in bullish momentum as the MACD line is approaching the signal line from above, indicating potential consolidation or a bearish reversal. RSI: The Relative Strength Index (RSI) is at 70.68, which is near the overbought territory. This suggests that the asset might be slightly overvalued in the short term, which could lead to a consolidation or minor correction. Conclusion: ICP/USDT has shown substantial recovery, but it faces significant resistance at $14.492 (R1). The near-term outlook depends on the asset’s ability to maintain above $9.331 (S1). If it fails to hold this level, it could test lower supports at $7.071 (S2) and potentially $4.981 (S3). Given the current readings from the MACD and RSI, traders should be prepared for potential volatility, with a cautious approach recommended as the market decides its next move. The upcoming sessions will be crucial in determining whether ICP can sustain its recovery or if it will succumb to selling pressure, necessitating a revisit of lower support levels.
eurchf 15min liquidity grab setup multiple rejection to go to the upside
Description: This trading idea highlights NMR (Numeraire), the native token of the Numerai platform, which leverages decentralized data science to revolutionize the finance industry. NMR incentivizes data scientists to create predictive models for stock market strategies, offering a unique approach to hedge fund operations. With its foundation in blockchain technology, Numerai ensures secure, transparent, and efficient collaboration among participants. The growing adoption of decentralized technologies in finance and the innovative use of artificial intelligence position NMR as a promising asset with a strong fundamental base. However, cryptocurrency markets are notoriously volatile, and external factors such as regulatory developments, macroeconomic trends, and technological changes can significantly impact prices. Investing in NMR requires careful evaluation and effective risk management to navigate these uncertainties. Disclaimer: This trading idea is provided for educational purposes only and does not constitute financial advice. Trading cryptocurrencies like NMR involves significant risk, including the potential loss of your entire investment. Always perform thorough research, assess your financial situation, and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
XAUUSD GOLD Moved High Breaking Through Possible Zone Buy Zone Testing to Phycological level 2730.00 Weekly High Level This level is high Price will move To Top We expected price will pull back and touched to the resistance Zone Because the market Condition is more High To Upward. My Resistance Zone 2730/2740 you can see more details in the chart. PS Support with like and comments For more insights
? During the recent market dip, BRETT emerged as the top-performing memecoin, supported by BASE's impressive network development progress. The price has only just returned to a key resistance level first reached in June, suggesting there’s still room for further growth. ? FLOKI, BRETT's closest competitor, maintains an edge with a stronger Volume/MarketCap ratio and listings on all major exchanges. However, trading volumes for FLOKI have dropped significantly, and its price chart shows weaker momentum compared to BRETT. _____________________ ? Want more useful analytics? Like and subscribe to stay up to date with the most relevant trading ideas! Always DYOR! ?
The daily chart of SOL/USDT shows the asset trading within a well-defined range, having recently faced a downturn from the upper resistance level. This analysis will highlight the key price levels, examine the current market conditions, and evaluate the implications of the technical indicators. Price Action and Structure: SOL/USDT has been trading within a price channel, demonstrating fluctuations between support and resistance levels. Currently, the price is around $210.35, having retreated from a recent high near the resistance level at $262.33 (R2). Resistance and Support Levels: Resistance Levels: The immediate resistance is observed at $202.28 (R1). A breakthrough above this level could lead to a retest of the higher resistance at $262.33 (R2), which has capped previous price ascents. Support Levels: Key support is currently found at $153.26 (S2). Before this more significant level, a minor support exists at $202.28 (S1), which could provide some stabilization in case of further price declines. Moving Averages: Not explicitly shown on the chart, but typically, the placement of the price relative to its moving averages can provide insight into the overall trend's strength and potential reversal points. Technical Indicators: MACD: The Moving Average Convergence Divergence (MACD) is indicating a bearish momentum as the MACD line is positioned below the signal line. The increasing distance between these lines suggests strengthening bearish momentum. RSI: The Relative Strength Index (RSI) is currently at 54.71, indicating neither overbought nor oversold conditions, offering room for potential movement in either direction. Conclusion: SOL/USDT is currently in a retracement phase within a larger bullish context. The key levels to watch are $202.28 (S1) for immediate support and $262.33 (R2) for resistance. The current technical setup suggests that while there is potential for further downside towards S2 at $153.26, the neutral RSI indicates that there could be sufficient buying interest to stabilize the price or drive a recovery if broader market conditions remain favorable. Investors should monitor these levels closely along with the MACD and RSI trends to gauge the asset's next directional move.
The chart is showing a constructive technical setup with several key indicators pointing to potential movement: Support and Resistance: The stock is holding above a key support level, suggesting strong demand in the current price range. Resistance is visible at a higher level, which has historically acted as a ceiling for price action. Trend: The stock is trending upwards, forming a series of higher highs and higher lows, indicating sustained bullish momentum. Moving averages are aligned positively, with shorter-term averages trending above longer-term ones, reinforcing the bullish outlook. Volume: Recent sessions show increased trading volume on up days, signaling accumulation by market participants. Indicators: RSI (Relative Strength Index) remains within a neutral to bullish range, indicating there’s still room for the stock to move higher without being overbought. MACD reflects positive momentum, with a bullish crossover further confirming upward strength. Breakout Potential: A close above resistance could signal a breakout, opening the door for further upside. However, a sustained move below support might warrant caution.
FET reagiert aus dem BCKL der aktiven Sequenz mit Zielleveln bei 2,78 USD