During the Initial Balance, the SPX already failed at yesterday's high and has since turned back. A breakout below the IB-Low could continue the downward trend, next targeting the previous day's close (6075) and the previous day's low (6027).
Ethereum is maintaining strong bullish momentum, currently trading at $4,020 (+6.20%) . The price action shows a clear bullish trend, with signs of further growth potential. Let’s dive into the details ? ? Current Market Overview 1. Trend : A steady uptrend is visible, supported by higher highs and higher lows. 2. Key Levels : • Resistance: $4,020 — the current price is testing a significant resistance level. A breakout could lead to $4,400–$4,500. • Support: $3,600 — a solid support level that has previously served as a springboard for buyers. 3. Volume Profile : The visible range shows high interest in the $3,600–$4,000 area, reinforcing these levels as critical zones. ? What Do the Indicators Say? 1. Midas Multi Indicator: • The Buy (5) signal remains active and continues to play out well. Price action is in the upper half of the channel, indicating strong bullish control. • The next significant resistance aligns with the upper boundary of the trend channel around $4,400. 2. RSI : Nearing the overbought zone, but still not signaling an imminent reversal. The strong trend may sustain for some time before a pullback. 3. MACD : Momentum remains positive, with the MACD lines diverging and supporting further upside movement. ? Price Movement Forecast • Probability of Growth: 75% ?. A breakout above $4,020 could push ETH to $4,400 or even higher. • Probability of Correction: 25% ⚠️. A pullback toward $3,600 is possible, providing an opportunity for buyers to re-enter. ? What Am I Doing? 1. Holding my long position and waiting for a breakout confirmation above $4,020. If confirmed, I’ll aim for $4,400. 2. If a correction occurs, I plan to buy more in the $3,600–$3,700 range to ride the next wave of growth. ? If you found this analysis helpful, drop a like and a ?! Follow me for more updates on ETH and other top-performing assets. ❗ P.S. Want access to the Midas Multi Indicator? Click the link in my profile to start using it for free!
Refer to the chart for two potential scenarios in the SPX: Bullish Scenario: A break and sustained hold above 6100 could confirm an upward move. Bearish Scenario: The current level may act as resistance, leading to a gap fill at 6050, followed by a retest, offering a strong shorting opportunity targeting 5750-5850.
full send for new ath. i just created the eth pattern from my 6 years experience. first 12000 candle coming this month and then its gonna full moon.
Radicle (RAD) has recently experienced a significant price surge, but it's important to be cautious about its future direction. Key Technical Analysis: * Fakeout: to 2.4XX is more likely to happen * Potential Correction: A deeper correction towards the $1.6 or $1.5 support levels is possible. Remember: * Do Your Own Research: Always conduct thorough research before making any investment decisions. * Risk Management: Use stop-loss orders to protect your investments from potential losses. * Diversification: Spread your investments across different assets to reduce risk. Stay tuned for more updates on Radicle and other cryptocurrencies! Disclaimer: This is not financial advice. Please do your own research before making any investment decisions. TRY TO HAVE AN ADVENTAGE FROM FAKEOUT PUMPS AND TRADE THE RANGE UNTIL IT BREAKS
Gtyr is breaking out with volumes from a huge base. Laggards are catching up to leaders in psx
This thing started pumping not sure why. This is a high flyer gamble but we do have a chance for this to be a flag starting with fib extensions leading up to 100$ If we start buying here between 14.50-16.50 this isn’t a bad area to risk 2$ to make 10x+ Trade at your own risk idk why it pippped but it’s holding up in fibs so far Let’s see what we can do. I bought 50 shares at 15.55. Risking to 13.50. Use stop loss good luck
Reclaim 101k daily otherwise I'm looking for 88k or 86k POI marked. fyi, I don't trade or look at charts weekends.
NQ is approaching the key 1.618 Fibonacci extension level, a critical point that could signal potential resistance. Watch closely for how price reacts at this level! ?
As ETHBTC is close to confirming a bottom by closing above 0.041 on the Weekly, and with ETH pushing north of EUROTLX:4K , we're seeing some laggards beginning to gain momentum with outsized upside potential. The ETH ecosystem has opportunity. #ribbonfinance #RBNUSD could push 2x gains over the next few weeks as the RSI is 60 and rising, with the 10WMA sloping up and recently crossing the 20WMA. Use the Fibonacci extension levels as take profit guides, trimming on the way up to a higher consolidation level. Don't sell too early. Wait for RSI to move into overbought territory and flatten out before trimming the majority of your position.