normally wick candle comes out when market is strong. but it can also be turning trending signals. i mean it was pretty strong bullrun, so there can be a little chance we can go back to bullrun. but if you see altcoins losing power also and some memecoin is going up then.. its likely to lose some power there. the question is where should we long.. if you dont want to miss any of bullish chances, I would say long or buy at 90k. but fi you wan to take some risk then prob 75k where the gap is in cme or 85k where there is a lot of fib line stacked. i personally do no think it will dip more than 75k. so if you are longing you can keep that as liquidation price. lets see how it goes..
LPTU as addressed on my previous analysis ditto happened, Hiragagna on the make! Yellow Boxes is the STOPS ideal buys go now ( Though little bit more down can be done) and look for the big trades. SUCH Big candles much wow!
US 30 is currently at a major support line at 44388. Price is likely to stay along this support line until tomorrow morning during high trade times between 9am and 11am. Price will likely continue falling or another day, however because we are at a major support line price may bounce off of the current support line faking a sell just to create a bullish trend. Look for a trend reversal between now and Wednesday.
Price Action: * Opening Movement: At market open, AAPL exhibited a strong upward momentum, driven by sustained buying pressure, pushing the price above key resistance levels. * Mid-Day: Consolidation occurred around the $247.5 zone, aligning with significant GEX levels, indicating a potential pause for profit-taking and repositioning by traders. * Closing Trend: The price continued testing the $247.5 level but failed to breach higher resistance zones near $250, showing sellers gaining control near critical gamma levels. Key Indicators Observed: 1. GEX Indicator: * $250 Level: Marked as the highest positive GEX, acting as a psychological resistance for traders, confirmed by price hesitation and lower volume near this zone. * Support at $240: The GEX8 level at $240 served as a critical support level, ensuring downside protection and absorbing selling pressure during earlier intraday pullbacks. 2. Trend Lines: * The upward sloping trendline provided structural support for the price, confirming the bullish sentiment for the day. 3. MACD: * The MACD showed a bullish crossover earlier in the day, coinciding with the breakout above $245. However, the histogram started to flatten towards the close, signaling reduced momentum. 4. Volume: * A noticeable volume spike during the break above $245, indicating strong participation. However, the fading volume near $250 suggests waning bullish momentum. GEX Indicator Insights: The Gamma Exposure (GEX) tool proved invaluable in identifying critical support and resistance zones: * Why it Matters: GEX quantifies gamma levels based on options market activity, offering a transparent view of zones where market makers are likely to hedge, influencing price behavior. * What Was Observed: * The resistance at $250 aligns with high positive gamma, making it challenging for the price to push higher unless significant buying pressure emerges. * The bounce from $240 confirms GEX8 as a robust support level, providing confidence to traders to go long at dips. * Technical Advantage: By incorporating GEX, traders can anticipate areas of increased volatility or stagnation, enhancing decision-making precision. Trading Plan for Tomorrow: Scalping Strategy: 1. Entry Points: * Long Above $247.5: Look for a breakout with strong volume confirmation. * Short Below $245: If the price fails to hold and breaks below $245, target the $240 support level. 2. Stop-Loss: Set tight stops at $1 above or below entry points to manage risk. Swing Trading: 1. Bullish Scenario: * If AAPL closes above $247.5 with volume, target $250 with an extended swing goal near $255. 2. Bearish Scenario: * A close below $245 opens room for a pullback to $240. A further breakdown could test $235. Disclaimer: This analysis is for informational purposes only and should not be construed as financial advice. Always perform your due diligence before making any trading decisions
head and shoulders on ETH forming B wave forming and then down to c wave.
As you can see FX:USDJPY is in a retest and retrace area. This is a point of interest in the market to create massive profit and oppurtunity. The yellow lines will represent the supports and resistance and the pink lines will represent liquidity resting below.. Understand this.... MARKET WILL ALWAYS TARGET PRICES THAT HAVE THE MOST LIQUIDITY. Now by understanding that we can understand that there is a lot of liquidity resting below ..So price will sweep liquidity upwards so It may have massive moves downwards.. Market will sweep liquidity price 153.440 and 151.956 before making it massive move down towards price 139.702.. My entry will be 153.440 and Tp will be set to 145.960 Allow price to sweep liquidity and touch the trendline we want to see trend line be respected and want to see price move downwards .. Also keep an EYE on JPYX its price movement matters if JPYX is moving upwards FX:USDJPY WILL MOVE DOWN AND IF PEPPERSTONE:JPYX IS MOVING DOWNWARD YOU WILL SEE FX:USDJPY MOVE UPWARD. Happy trading lets create opportunity's and profits.. Time to start printing
Hello, fellow traders! This post is about BTC Dominance. In my last post, I explained how the BTC Dominance chart reflects overall market sentiment. A downtrend in BTC dominance indicates that investors are seeking more adventurous opportunities whereas uptrend inidactes the opposite. This is because altcoins (such as Dogecoin and many others) are more volatile than Bitcoin, offering investors much bigger profit opportunities but also carrying a greater risk. The current chart shows a rebound after an aggressive downtrend since November 21st, recovering one third of the losses by percentage. https://www.tradingview.com/x/8A5vJkOY/ https://www.tradingview.com/x/S6nrRzq5/ Looking at the Voxies (VOXELUSDT) and Zcash (ZECUSDT) charts, both cryptos have suffered a massive drop of 21% in a single day as BTC Dominance resurfaces. BTC Dominance continues its rebound today, with much higher volume than yesterday, when it surged by staggering 2.84%. This reflects a wave of fear and correction throughout the market, putting the bull rally to a halt. https://www.tradingview.com/x/ckONRBdO/ Dogecoin suffered an 11% fall yesterday as it failed to break through the price action zone once again. It’s worth keeping an eye on Dogecoin as break below the current uptrend channel could potentially discourage the entire rally. However, the price still remains in the price action zone, which may result in prolonged consolidation. https://www.tradingview.com/x/g57cvleZ/ Ethereum also failed to break throuh the 4k level yesterday, dropping by 7%. https://www.tradingview.com/x/oqHn28l7/ Bitcoin also faced major resistance at 100k level, dropping by 4%. Now, these charts do not mean that the bull rally is completely over. All we know from these charts is that the crypto market is currently facing a setback – whether this is temporary or complete is not what I cannot tell you in this post – or any post, for that matter. Numerous articles discuss how governments are considering Bitcoin as their solution for financial challenges (especially the national debt), hinting a possible uptrend for the crypto giant. However, an easy climb is often followed by a steep fall. Besides Bitcoin, the broader crypto market is often heavily influenced by pure hype, often driven by celelbrities, entrepreneurs and social media trends. This is why corrections take place in this market. https://www.tradingview.com/x/ofiLJnwz/ I do not recommend making predictions or assumptions about any market, but it’s especially a headache in the crypto market – there are many possible scenarios to think of, so many different variables to consider. The market is already highly volatile, and it is even more unpredictable under the current circumstances. In conclusion, the market is currently facing a great pullback. (Whether this is temporay or not is what we cannot decide.) Hope this post helps you in any way! React, don't predict! Stay disciplined and patient. Don't get greedy and be thankful. God bless :) Hebrews 12:4-6
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Die Goldpreise sind in den frühen Handelsstunden am Dienstag leicht auf 2.663 USD gestiegen, wobei der allgemeine Trend attraktiver erscheint als je zuvor. Gold bleibt in einer Spanne gefangen und bewegt sich seitwärts knapp unter dem Widerstandsniveau von 2.665 USD. Dieser Widerstand wurde bereits getestet, und die EMA-Linien 34 und 89 zeigen eine Konvergenz, was auf eine mögliche Umkehrung unter günstigen Bedingungen hindeutet. Dies eröffnet Kaufmöglichkeiten für Investoren. Hinsichtlich der jüngsten Entwicklung des Goldpreises gewann das Edelmetall an Dynamik nach der Veröffentlichung des Berichts des World Gold Council (WGC). Der WGC berichtete, dass die People’s Bank of China (PBoC) ihre Goldreserven im November nach einer sechsmonatigen Pause erhöht hat. Die Goldreserven Chinas stiegen bis Ende November auf 72,96 Millionen Unzen. Dieser Anstieg fiel in eine Phase starker Goldpreisrückgänge aufgrund von Verkäufen nach den Ergebnissen der US-Wahlen. In naher Zukunft deuten kurzfristige technische Charts auf eine Fortsetzung des Aufwärtstrends hin. Allerdings werden die Daten zum Verbraucherpreisindex (CPI) und Produzentenpreisindex (PPI) der USA, die am Mittwoch und Donnerstag veröffentlicht werden, im Mittelpunkt stehen. Diese Zahlen dürften die Zinsentscheidungen der Federal Reserve direkt beeinflussen und somit die langfristigen Aussichten für die Goldpreise in diesem Zeitraum prägen.
In this video, I revisit my AriasWave-specific analysis, which indicates that XLM, XRP, and Litecoin are unlikely to reach new all-time highs this year or the next. If you’re anticipating such a breakthrough, I encourage you to stick around to understand why a significant decline is likely on the horizon. The initial pattern is still taking shape, so we’ll need to allow more time for a clearer setup to emerge. See those previous related ideas below...