"The good days of altcoins have started recently, and the fourth most famous altcoin, Solana, has not been left out. Solana, which was once trading at $0.90, is now above $200. However, this is not the end, and based on the pattern it has formed and broken upwards, Solana's first target could be around $950, with higher targets reaching up to $2397. It could easily take Ethereum's place. Low fees and high transaction speed are some of the advantages of this cryptocurrency. Do you have it in your portfolio?"
A very good currency that is suitable for swing trading, this currency has not yet grown and is ready to start working. Initial target $ 1.76
On the disk, the price bottomed out and rebounded to 2652 on Monday, and broke the high to 2655 on Tuesday. Although new highs continue to be reached, the actual increase is not large. On the daily line, yesterday closed with a cross Yang, and closed at 2643 at the end of the day. The downward momentum of the cycle indicator has slowed down with the stabilization of the support of 2633, and there is room for rebound on the daily line. In terms of 4 hours, the gold price was under pressure from the high of 2655 overnight, and the lowest reached 2635. The real price did not break the short-term moving average support, and the other moving averages of each cycle maintained a short position arrangement. The short-term indicators also started to explore downward, so there is still a risk of a decline in the 4-hour aspect. In short, while the new high is refreshed, it will also be the beginning of the layout of short orders. In terms of intraday operation, it is recommended to focus on high altitude and supplement by low and long positions. For the lower support, pay attention to the 2633 area, which is the short-term 10-day moving average of the daily line. You can try to participate in long orders. If it is broken by the bears, pay attention to the 4-hour Bollinger Band lower track 2620. As for the upper resistance, pay attention to the 2666 area and participate in short orders, and focus on the 2675-2680 area, and start to arrange short orders.
Im buying US30 as shown in chart targeting around 45450
#LAI The price is moving in a descending channel on the 1-hour frame and sticking to it well We have a bounce from the lower limit of the descending channel, this support is at 0.01824 We have a downtrend on the RSI indicator that is about to be broken, which supports the rise We have a trend to stabilize above the moving average 100 Entry price 0.02230 First target 0.02340 Second target 0.02548 Third target 0.02795
Analysis of the Japanese yen symbol Medium-term and important time frame Elliott wave analysis style If in any case the price is above 152,000, this analysis is invalid and the market should be checked and analyzed again. And in the mid-term market, in wave 4, there is an upward correction to the important resistance number of 151.300, and by maintaining this resistance, the wave continues to fall and fall towards the number 148.000 as wave 5 and the last wave of descent in the mid-term time frame.
Dollar has recovered to MA200 and seems to be losing momentum. Unless we see a break above, we can expect a bearish move to lower levels. For entries, please wait for at least two candle reversals at the specified level and apply appropriate risk management. If you found this analysis helpful, please consider boosting and following for more updates. Disclaimer: This content is for educational purposes only and should not be considered financial advice.
Bitcoin (BTCUSD) has been trading within a Channel Up in the past three weeks, basically for the majority of the month of November, following the U.S. elections. It may been struggling currently to break above the $100000 psychological barrier but historical patterns are in favor of a break-out as the very same Channel Up was formed exactly 1 year ago and paved the way for the March 14 2024 High. ** August 2023 vs August 2024 ** As you can see basically, BTC's whole sequence since the August 05 2024 Low is very similar to the one that started again a year before that in August 2023. The similarities are uncanny. Both fractals started with an August decline below the 1D MA200 (orange trend-line), bottoming inside a Cup pattern that initiated an Accumulation Process. At the same time, the 1D RSI was waving a Bullish Divergence as it has been rising on Higher Lows. ** Golden Cross to November Channel Up ** A 1D Golden Cross was formed right when the November Channel Up patterns emerged. By that time, the price was already on the 2.0 Fibonacci extension of the August decline. At the moment we are on the stage past a 1D MACD Death Cross, which led to a December bullish break-out to a new High. ** Next step = $140k ** A mere test of the 3.0 Fibonacci extension, would translate to a $140k price tag on Bitcoin. Based on the striking similarities and extremely high degree of symmetry with the pattern a year ago, it may become a reality as early as February 2025. But what do you think? Is symmetry with last year about to kick in and force a bullish break-out to 140k? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE ?, FOLLOW ✅, SHARE ? and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- ?????? ? ? ? ? ? ?
When it comes to DEFI, what is the go-to website for you? For me it's Uniswap, with clarity of regulation down the road as Trump takes office, UNI is destined to succeed in my opinion. The chart looks amazing as well, clear break of asymmetrical triangle, seems like a low risk high reward trade for me. ###NOT FINANCIAL ADVICE###
An inverse head and shoulders is becoming apparent on PEPE. This is one of those most solid meme coins. I could go into it more but to boil it down, its the meme coin of the people. Price target is like double or something?? IDK