BCH almost 7 years trend brokes. bbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccchhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh
The price is consolidating on the 1H timeframe, testing the resistance zone, where the market's decision is anticipated. Two scenarios are possible: a breakout of the resistance with a search for buy positions after confirmation, or a rejection, where the price could drop back toward the support zone, offering potential buying opportunities.
The Solana ecosystem has been making waves in the crypto space, not only for its technological advancements but also for its thriving memecoin market. However, recent developments surrounding **Pump Fun**, a prominent Solana-based memecoin launchpad, have sparked regulatory debates. Despite the challenges, Solana’s native token, CRYPTOCAP:SOL , demonstrates resilience in the face of adversity. Pump Fun’s UK Ban: A Regulatory Crackdown Pump Fun, a leading platform for memecoin creation and trading, has abruptly restricted access to users in the United Kingdom. This decision follows a warning from the Financial Conduct Authority (FCA), which accused the platform of operating without proper authorization under UK financial laws. Key highlights of the FCA’s concerns include: - Lack of financial authorization for services provided. - Warnings of potential risks for users engaging with Pump Fun. - A directive to the public to avoid the platform. In compliance, Pump Fun updated its terms of service and barred UK residents, marking the UK as a restricted jurisdiction. The Rise and Controversy of Pump Fun Launched in early 2024, Pump Fun quickly became a hub for Solana’s memecoin enthusiasts. - Trading Dominance: Facilitated over $250 million in token trades, capturing 62% of Solana’s decentralized exchange (DEX) transactionsfi in November. - Popular Tokens: Enabled the creation of tokens like PNUT and WIF, driving memecoin hype. - Challenges: Faced backlash for inadequate content moderation and reports of misuse of its now-disabled livestreaming feature. With its roots in the UK, Pump Fun's founders, operating under pseudonyms, have come under scrutiny. Legal experts warn that its lack of compliance with anti-money laundering regulations could result in further penalties. Solana’s Reaction: CRYPTOCAP:SOL Remains Strong Despite Pump Fun’s legal troubles, CRYPTOCAP:SOL has maintained its footing in the market. - Price Movement: As of this writing, CRYPTOCAP:SOL is trading at 1.74% up, unaffected by the negative sentiment around Pump Fun. - RSI Insights: The Relative Strength Index (RSI) at 53 suggests a balanced momentum, with neither overbought nor oversold conditions. - Bullish Pattern: A bullish engulfing candlestick on the daily chart indicates buyer interest, even in uncertain times. - Support Levels: If selling pressure increases, immediate support lies at the 61.8% Fibonacci retracement level. What’s Next for Solana and Pump Fun? Pump Fun's UK ban could set a precedent for stricter regulation of memecoin platforms, not just in the UK but globally. For CRYPTOCAP:SOL , its resilience underscores the ecosystem's ability to weather localized disruptions. However, the Solana community may need to address reputational risks tied to controversial platforms like Pump Fun. Conclusion While Pump Fun’s UK ban signals the growing scrutiny of crypto platforms, Solana's technical and fundamental strengths continue to shine. As CRYPTOCAP:SOL holds steady, this could present an opportunity for investors to consider its long-term potential amidst temporary market turbulence.
DIMOUSD Daily Chart Analysis Market Context: With BTC continuing its bullish momentum and reaching new all-time highs, the altcoin market is presenting strong setups, and DIMOUSD is no exception. Price History: - Q1 2024: DIMOUSD reached a significant top. - March to July 2024: Entered a sharp downtrend, leading to a steep decline in price. - July 2024 Onward: Price found a bottom and moved sideways, signaling a potential accumulation phase. Recent Price Action: - End of November 2024: - A massive spike in volume and expansion in momentum was observed. - The MACD crossed above its signal, confirming a bullish shift. - Price briefly broke above resistance but fell back below it, resulting in a false breakout. - The price decline from the false breakout was caught and supported by the 10 EMA, which is now holding as strong support at the resistance level. Momentum Indicators: - The MACD remains in bullish territory and is expanding upward, suggesting continued strength. - The 10 EMA acting as a support level at resistance highlights the likelihood of a potential breakout. Bullish Outlook: - The confluence of BTC’s market strength, increased volume, MACD expansion, and price support at the 10 EMA sets the stage for a potentially explosive upside move. Trade Setup (Long) - Entry: 0.23880 - Stop Loss: 0.20060 (-16.00%) - Target: 0.59126 (+147.60%, 9.23 RR ratio) This trade takes advantage of the strong technical indicators and bullish macro sentiment, aiming to capture a high-risk, high-reward opportunity in DIMOUSD
https://www.tradingview.com/x/dQVwHZmh/ ✅AUD_NZD broke the key Horizontal level of 1.0980 And we are bearish biased now So we will be expecting a Further bearish move down SHORT? ✅Like and subscribe to never miss a new idea!✅
Not advice; published only for convenient tracking.
Sand is looking very good , strong momentum and can get another 270% increase. With huge bullish divergences in the higher timeframes and moneyflow increasing and above anchored vwap from 2022 highs with weekly candle close above $0,82 would indicate a continuation. The target is between $2,44 to $3,38 with fibonacci levels, point of control and value area low from 2021/2022 highs, a possible 270% rise in its price.
Hello, FX:GBPUSD is poised for further growth once it secures a stable position above the monthly pivot point (1M PP). More upside potential is on the horizon! No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344
I've developed a long-term forecast for Microsoft's movement over the coming months. Based on my analysis, the stock is expected to climb toward the top of the channel in the near term. After reaching this peak, a downward trend is anticipated before another upward movement occurs, which could last for several months. This projection accounts for potential market dynamics within the defined channel. Keep an eye on key resistance and support levels for confirmation.
https://www.tradingview.com/x/hfGVbRyE/ Despite raised guidance, we see a 10% correction ahead for Salesforce. This doesn't mean it won't experience a next leg up. Near-term short opportunity! Wave 5 ending and overbought. The stock's rapid ascent may have led to overvaluation, making it susceptible to a pullback as investors take profits. We see a 10% reversal to the $320 price range this December. Keep your charts clean and easy to understand. Your strategy should look for easy-to-identify repeating patterns. Be alert. Trade green.